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 15, 2004

J.P. Morgan Chase Commercial Mortgage Securities Corp. (as depositor under the Pooling and Servicing Agreement, dated as of August 20, 2004, relating to the J.P. Morgan Chase Commercial Mortgage Securities Corp., Commercial Mortgage Pass-Through Certificates, Series 2004-LN2)
(Exact name of registrant as specified in its charter)

New York
(State or other jurisdiction
of incorporation)

333-105805-10
(Commission
File Number)

13-3789046
(IRS Employer
Identification No.)

270 Park Avenue, New York, New York
(Address of principal executive offices)

10167
(Zip Code)

Registrant's telephone number, including area code 212-834-9280

(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 J.P. Morgan Chase Commercial Mortgage Securities Corp., Commercial Mortgage Pass-Through Certificates, Series 2004-LN2, which was made on October 15, 2004.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

99.1 Monthly distribution report pursuant to section 4.02 of the Pooling and Servicing Agreement for the distribution on October 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 J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., REGISTRANT

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

Date: October 20, 2004

JP Morgan Chase Comercial Mortgage Securities Corp.

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

Reporting Package Table of Contents

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

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

Analyst:
James Macmillan 714.259.6217
james.macmillan@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

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

Delinquent Loan Detail
Historical Collateral Prepayment
Loan Level Detail

Page 2-4
Page 5-7
Page 8
Page 9

Page 10

Page 11
Page 12

Page 13
Page 14

Page 15-22

Mortgage Loan Characteristics

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

Defeased Loans
Historical REO Report
Appraisal Reduction Detail

Page 23-25

Page 26
Page 27
Page 28

Page 29
Page 30
Page 31

Page(s)

Information is available for this issue from the following sources

Issue Id:

Monthly Data File
Name:

JPMC4LN2

JPMC4LN2_200410_3.ZIP

Closing Date:

First Payment Date:

Rated Final Payment: Date:

20-Aug-04
15-Sep-04

15-Aug-14

Realized Loss Detail

Page 32

Parties to The Transaction

Depositor: J.P. Morgan Chase Commercial Mortgage Securities Corp.

Underwriter: J.P. Morgan Chase Commercial Mortgage Securities Corp./Nomura Securities International, Inc.

Master Servicer: GMAC Commercial Mortgage Corporation

Special Servicer: Lennar Partners, Inc.

Rating Agency: Standard & Poor's Ratings Services/Moody's Investors Service, Inc.

800.246.5761

LaSalle Factor Line

LaSalle Web Site

Servicer Web Site

www.gmaccm.com

www.etrustee.net

Page 1 of 32

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:

5.669207%

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

JP Morgan Chase Comercial Mortgage Securities Corp.

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

111

Upper REMIC

Statement Date:

ABN AMRO Acct: 722014.2

997.307969787

3.080309244

0.000000000

994.227660543

3.719127651

Fixed

0.00

0.000000000

4.47500000%

0.000000000

46625YCU5

A-1

222,090,000.00

221,492,127.01

684,105.88

0.00

220,808,021.13

825,981.06

999.342953075

0.789247099

0.000000000

998.553705976

4.029017670

4.838000000%

0.00

0.000000000

4.83800000%

0.000000000

46625YBN2/U48138TG3

A-1A

420,653,000.00

420,376,611.24

331,999.16

0.00

420,044,612.08

1,694,818.37

1000.000000000

0.000000000

1000.000000000

4.262499994

Fixed

0.00

0.000000000

5.11500000%

0.000000000

46625YCV3

A-2

430,265,000.00

0.00

430,265,000.00

1,834,004.56

999.298273812

0.000000000

998.482697108

0.038352375

0.00

0.000000000

0.04605517%

0.000000000

46625YBL6/U48138TE8

X-1

1,245,873,055.00

1,244,998,793.25

0.00

1,243,982,688.21

47,782.19

1000.000000000

0.000000000

1000.000000000

0.553475456

0.00

0.000000000

0.66417054%

0.000000000

46625YBM4/U48138TF5

X-2

1,200,608,000.00

0.00

1,200,608,000.00

664,507.06

1000.000000000

0.000000000

1000.000000000

4.257358140

5.291866079%

0.00

0.000000000

5.10882993%

0.000000000

46625YCW1

29,589,000.00

0.00

29,589,000.00

125,970.97

1000.000000000

0.000000000

1000.000000000

4.290691869

5.331866079%

0.00

0.000000000

5.14882993%

0.000000000

46625YCX9

12,459,000.00

0.00

12,459,000.00

53,457.73

1000.000000000

0.000000000

1000.000000000

4.339858305

5.390866079%

0.00

0.000000000

5.20782993%

0.000000000

46625YCY7

23,360,000.00

0.00

23,360,000.00

101,379.09

1000.000000000

0.000000000

1000.000000000

4.422358733

5.489866079%

0.00

0.000000000

5.30682993%

0.000000000

46625YBP7/U48138TH1

9,344,000.00

0.00

9,344,000.00

41,322.52

1000.000000000

0.000000000

1000.000000000

4.541524721

5.632866079%

0.00

0.000000000

5.44982993%

0.000000000

46625YBQ5/U48138TJ7

17,131,000.00

0.00

17,131,000.00

77,800.86

1000.000000000

0.000000000

1000.000000000

4.641525002

5.752866079%

0.00

0.000000000

5.56982993%

0.000000000

46625YBR3/U48138TK4

12,459,000.00

0.00

12,459,000.00

57,828.76

1000.000000000

0.000000000

1000.000000000

4.684025102

5.803866079%

0.00

0.000000000

5.62082993%

0.000000000

46625YBS1/U48138TL2

17,130,000.00

0.00

17,130,000.00

80,237.35

1000.000000000

0.000000000

1000.000000000

4.407500803

5.289000000%

0.00

0.000000000

5.28900000%

0.000000000

46625YBT9/U48138TM0

6,230,000.00

0.00

6,230,000.00

27,458.73

1000.000000000

0.000000000

1000.000000000

4.407500401

5.289000000%

0.00

0.000000000

5.28900000%

0.000000000

46625YBU6/U48138TN8

6,229,000.00

0.00

6,229,000.00

27,454.32

1000.000000000

0.000000000

1000.000000000

4.407500000

5.289000000%

0.00

0.000000000

5.28900000%

0.000000000

46625YBV4/U48138TP3

4,672,000.00

0.00

4,672,000.00

20,591.84

1000.000000000

0.000000000

1000.000000000

4.407500000

5.289000000%

0.00

0.000000000

5.28900000%

0.000000000

46625YBW2/U48138TQ1

4,672,000.00

0.00

4,672,000.00

20,591.84

Page 2 of 32

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:

5.669207%

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

JP Morgan Chase Comercial Mortgage Securities Corp.

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

111

Upper REMIC

Statement Date:

ABN AMRO Acct: 722014.2

1000.000000000

0.000000000

1000.000000000

4.407500000

5.289000000%

0.00

0.000000000

5.28900000%

0.000000000

46625YBX0/U48138TR9

4,672,000.00

0.00

4,672,000.00

20,591.84

1000.000000000

0.000000000

1000.000000000

4.407499679

5.289000000%

0.00

0.000000000

5.28900000%

0.000000000

46625YBY8/U48138TS7

7,787,000.00

0.00

7,787,000.00

34,321.20

1000.000000000

0.000000000

1000.000000000

4.407499713

5.289000000%

0.00

0.000000000

5.28900000%

0.000000000

46625YBZ5/U48138TT5

17,131,055.00

0.00

17,131,055.00

75,505.12

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSR842

0.00

0.000000000

0.00

0.000000000

N/A

0.000000000

0.00

Total P&I Payment

0.00

1,245,873,055.00

1,244,998,793.25

6,847,710.45

Total

1,243,982,688.21

1,016,105.04

0.00

5,831,605.41

Page 3 of 32

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:

5.669207%

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

JP Morgan Chase Comercial Mortgage Securities Corp.

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

111

Grantor Trust

Statement Date:

ABN AMRO Acct: 722014.2

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSR843

0.00

Total P&I Payment

0.00

Total

0.00

Page 4 of 32

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

Statement Date:

Cash Reconciliation Summary

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

5,881,838.95

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

5,881,838.95

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

0.00
0.00

0.00

5,833,472.91

)

(1,027.13

)

(840.38

0.00
0.00

)

(1,867.51

1,016,105.04

0.00

1,016,105.04

0.00
0.00
0.00
0.00
0.00
0.00

1,016,105.04

6,849,577.95

6,847,710.44

1,245,007,815.54

175

1,016,105.04

0.00

0.00
0.00

0.00

1,243,991,710.50

175

0.00

48,366.04

0.00
0.00
0.00

48,366.04

0.00
0.00
0.00
0.00
0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

)

(48,366.04

5,831,605.40

Interest Not Advanced (

Current Period

)

0.00

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

0.00

0.00
0.00

0.00

Page 5 of 32

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

Statement Date:

Cash Reconciliation Summary Group I Loans

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

3,911,987.93

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

3,911,987.93

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

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

0.00

3,881,512.65

)

(680.32

)

(556.63

0.00
0.00

)

(1,236.95

684,105.88

0.00

684,105.88

0.00
0.00
0.00
0.00
0.00
0.00

684,105.88

4,565,618.53

4,564,381.58

824,630,710.69

113

684,105.88

0.00

0.00
0.00

0.00

823,946,604.81

113

0.00

30,475.29

0.00
0.00
0.00

30,475.29

0.00
0.00
0.00
0.00
0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

)

(30,475.29

3,880,275.70

Interest Not Advanced (

Current Period

)

0.00

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

0.00

0.00
0.00

0.00

Page 6 of 32

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

Statement Date:

Cash Reconciliation Summary Group II Loans

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

1,969,851.02

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

1,969,851.02

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

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

0.00

1,951,960.27

)

(346.81

)

(283.75

0.00
0.00

)

(630.57

331,999.16

0.00

331,999.16

0.00
0.00
0.00
0.00
0.00
0.00

331,999.16

2,283,959.43

2,283,328.86

420,377,104.85

331,999.16

0.00

0.00
0.00

0.00

420,045,105.69

0.00

17,890.75

0.00
0.00
0.00

17,890.75

0.00
0.00
0.00
0.00
0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

)

(17,890.75

1,951,329.70

Interest Not Advanced (

Current Period

)

0.00

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

0.00

0.00
0.00

0.00

Page 7 of 32

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04
15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

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

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

0.00

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

0.00

0.00

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 32

JP Morgan Chase Comercial Mortgage Securities Corp.

Class

Accrued

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

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

825,981.06

0.00

13.88%

13.90%

30/360

4.475000000%

0.00

A-1A

1,694,818.37

0.00

13.88%

13.90%

30/360

4.838000000%

0.00

A-2

1,834,004.56

0.00

13.88%

13.90%

30/360

5.115000000%

0.00

X-1

47,782.19

0.00

30/360

0.046055168%

0.00

X-2

664,507.06

0.00

30/360

0.664170543%

0.00

125,970.97

0.00

11.50%

11.52%

30/360

5.108829933%

0.00

53,457.73

0.00

10.50%

10.52%

30/360

5.148829933%

0.00

101,379.09

0.00

8.63%

8.64%

30/360

5.207829933%

0.00

41,322.52

0.00

7.88%

7.89%

30/360

5.306829933%

0.00

77,800.86

0.00

6.50%

6.51%

30/360

5.449829933%

0.00

57,828.76

0.00

5.50%

5.51%

30/360

5.569829933%

0.00

80,237.35

0.00

4.13%

30/360

5.620829933%

0.00

27,458.73

0.00

3.63%

30/360

5.289000000%

0.00

27,454.32

0.00

3.13%

30/360

5.289000000%

0.00

20,591.84

0.00

2.75%

30/360

5.289000000%

0.00

20,591.84

0.00

2.38%

30/360

5.289000000%

0.00

20,591.84

0.00

2.00%

30/360

5.289000000%

0.00

34,321.20

0.00

1.38%

30/360

5.289000000%

0.00

75,505.12

0.00

0.00%

30/360

5.289000000%

0.00

0.000000000%

0.00

5,831,605.41

0.00

(2) Accrued - Deductions + Additions Interest

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

Page 9 of 32

(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).

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

Rating Information

Class

CUSIP

Fitch

Moody's

S&P

Fitch

Moody's

S&P

Original Ratings

Rating Change/Change Date(1)

Statement Date:

A-1

46625YCU5

Aaa

AAA

A-1A

46625YBN2

Aaa

AAA

A-2

46625YCV3

Aaa

AAA

X-1

46625YBL6

Aaa

AAA

X-2

46625YBM4

Aaa

AAA

46625YCW1

Aa2

46625YCX9

Aa3

AA-

46625YCY7

46625YBP7

A-

46625YBQ5

Baa1

BBB+

46625YBR3

Baa2

BBB

46625YBS1

Baa3

BBB-

46625YBT9

Ba1

BB+

46625YBU6

Ba2

46625YBV4

Ba3

BB-

46625YBW2

B+

46625YBX0

46625YBY8

B-

46625YBZ5

9ABSR842

9ABSR843

Page 10 of 32

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.

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

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: 722014.2

0.00%

15-Oct-04

0.00%

15-Sep-04

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

Page 11 of 32

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

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: 722014.2

Series 2004-LN2

15-Oct-04

175

100.00%

1,243,991,711

99.85%

0.00%

111

326

5.67%

5.62%

15-Sep-04

175

100.00%

1,245,007,816

99.93%

0.00%

112

327

5.85%

5.80%

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

Page 12 of 32

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

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:

Total

Page 13 of 32

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

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

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 14 of 32

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

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:

5.50200%

7-Jul-14

JPM4LN2A

Office

0.00

73,000,000

334,705

5.84000%

1-Aug-14

JPM4LN2A

Retail

0.00

73,000,000

355,267

5.48000%

7-Jul-09

JPM4LN2B

Multifamily

0.00

50,740,000

231,713

5.74000%

6-Aug-19

JPM4LN2A

Retail

0.00

25,820,927

215,767

5.46000%

1-Jul-09

JPM4LN2B

Multifamily

0.00

24,924,543

141,320

6.40000%

1-Aug-14

JPM4LN2A

Lodging

0.00

24,058,704

161,356

5.75000%

1-Aug-14

JPM4LN2B

Mobile home park

0.00

22,656,129

132,471

5.66000%

6-Aug-09

JPM4LN2B

Multifamily

0.00

20,958,607

121,352

5.50000%

1-Jul-11

JPM4LN2A

Retail

0.00

18,900,000

86,625

4.73000%

1-Jul-14

JPM4LN2B

Multifamily

0.00

18,100,000

71,344

5.48000%

11-May-14

JPM4LN2B

Multifamily

0.00

16,714,605

95,178

5.00000%

1-Jun-09

JPM4LN2A

Industrial

0.00

16,700,000

69,583

5.27000%

11-Aug-11

JPM4LN2B

Multifamily

0.00

16,200,000

71,145

5.85000%

1-Jul-14

JPM4LN2A

Office

0.00

15,955,824

94,391

5.96000%

1-Jul-14

JPM4LN2A

Retail

0.00

15,900,000

78,970

5.04000%

11-May-14

JPM4LN2A

Industrial

0.00

15,654,000

65,747

5.64000%

1-Jun-18

JPM4LN2A

Industrial

0.00

14,023,972

81,186

6.10000%

11-May-14

JPM4LN2A

Retail

0.00

13,938,129

84,839

6.05000%

1-Jul-14

JPM4LN2B

Multifamily

0.00

13,500,000

68,063

5.57000%

1-Aug-11

JPM4LN2B

Multifamily

0.00

13,073,669

74,957

6.29000%

1-Jul-11

JPM4LN2A

Retail

0.00

12,793,099

79,300

5.39100%

1-Jul-14

JPM4LN2A

Retail

0.00

12,262,297

68,999

5.68000%

11-Aug-14

JPM4LN2B

Multifamily

0.00

12,250,000

57,983

Page 15 of 32

* 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

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

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:

5.57000%

1-Jul-19

JPM4LN2A

Office

0.00

12,000,000

55,700

5.04000%

11-May-14

JPM4LN2A

Industrial

0.00

11,604,000

48,737

5.57500%

1-Apr-14

JPM4LN2A

Office

0.00

11,330,659

65,265

5.04000%

11-May-14

JPM4LN2A

Industrial

0.00

11,110,000

46,662

5.22000%

1-Apr-09

JPM4LN2B

Mobile home park

0.00

11,079,695

61,380

4.98000%

11-May-14

JPM4LN2A

Retail

0.00

11,037,152

59,452

6.04000%

11-Jul-14

JPM4LN2A

Mobile home park

0.00

10,980,066

66,234

6.08000%

11-Jul-14

JPM4LN2A

Industrial

0.00

10,700,000

54,213

5.04000%

11-May-14

JPM4LN2A

Industrial

0.00

10,632,000

44,654

5.50000%

1-Jul-09

JPM4LN2B

Multifamily

0.00

10,500,000

48,125

5.80000%

1-Sep-14

JPM4LN2A

Retail

0.00

10,500,000

50,750

6.01000%

1-Aug-19

JPM4LN2A

Office

0.00

10,440,917

62,780

5.95000%

1-Jul-14

JPM4LN2B

Multifamily

0.00

10,172,488

60,827

6.13500%

1-Aug-14

JPM4LN2A

Retail

0.00

10,060,000

51,432

5.36000%

1-Aug-14

JPM4LN2A

Office

0.00

9,954,724

68,000

5.25000%

1-Jul-14

JPM4LN2A

Office

0.00

9,968,372

55,220

5.44000%

11-Jun-14

JPM4LN2A

Retail

0.00

9,774,226

55,360

5.91000%

11-Aug-09

JPM4LN2A

Retail

0.00

9,150,000

45,064

5.16000%

11-May-09

JPM4LN2B

Multifamily

0.00

8,831,613

48,542

5.02000%

11-Aug-11

JPM4LN2A

Retail

0.00

8,800,000

36,813

5.56000%

1-Aug-14

JPM4LN2A

Office

0.00

8,682,475

49,726

5.94000%

11-Aug-14

JPM4LN2A

Office

0.00

8,484,248

50,634

5.79000%

1-Jul-19

JPM4LN2B

Multifamily

0.00

8,300,000

40,048

Page 16 of 32

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

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

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:

5.35000%

11-Apr-14

JPM4LN2A

Industrial

0.00

8,147,673

45,790

5.89000%

1-Jul-14

JPM4LN2A

Office

0.00

7,978,117

47,400

5.18000%

11-May-14

JPM4LN2A

Retail

0.00

7,857,138

43,282

6.03000%

1-Aug-14

JPM4LN2B

Multifamily

0.00

7,825,761

47,156

5.87500%

1-Jul-14

JPM4LN2A

Office

0.00

7,678,864

45,548

5.98000%

1-Sep-14

JPM4LN2B

Mobile home park

0.00

7,672,325

45,947

5.91000%

11-Aug-14

JPM4LN2A

Retail

0.00

7,486,008

44,533

5.92000%

11-Aug-14

JPM4LN2A

Office

0.00

7,486,039

44,581

5.71000%

1-Jul-14

JPM4LN2A

Office

0.00

7,478,612

43,578

4.98000%

11-May-14

JPM4LN2A

Retail

0.00

7,457,535

40,170

5.93000%

1-Jul-14

JPM4LN2A

Self storage

0.00

7,280,217

43,439

5.48000%

1-Aug-11

JPM4LN2A

Industrial

0.00

7,140,000

32,606

5.75000%

1-Aug-14

JPM4LN2A

Retail

0.00

7,086,278

41,434

6.40000%

1-Aug-14

JPM4LN2A

Lodging

0.00

6,882,465

46,159

5.73000%

1-Jul-14

JPM4LN2A

Retail

0.00

6,680,981

39,014

4.76000%

1-Jun-14

JPM4LN2B

Multifamily

0.00

6,500,000

25,783

5.74000%

11-Aug-14

JPM4LN2B

Multifamily

0.00

6,487,410

37,891

6.17000%

1-Jul-19

JPM4LN2A

Retail

0.00

6,483,358

39,684

6.00000%

1-Aug-14

JPM4LN2A

Retail

0.00

6,413,252

38,521

4.82000%

11-May-14

JPM4LN2B

Multifamily

0.00

6,163,694

32,604

5.63000%

1-Aug-14

JPM4LN2A

Office

0.00

5,384,317

33,581

5.09000%

1-Jun-14

JPM4LN2A

Retail

0.00

5,349,193

35,907

5.90000%

11-Jun-14

JPM4LN2A

Retail

0.00

5,100,753

30,369

Page 17 of 32

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

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

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:

5.77000%

1-Aug-11

JPM4LN2A

Retail

0.00

5,100,000

24,523

5.96000%

6-Jul-14

JPM4LN2A

Mobile home park

0.00

5,086,276

30,446

5.74800%

1-Aug-14

JPM4LN2B

Multifamily

0.00

5,010,697

31,607

5.36000%

1-Jun-14

JPM4LN2B

Multifamily

0.00

4,998,787

28,064

5.85000%

1-Aug-09

JPM4LN2A

Lodging

0.00

4,986,014

31,758

5.67000%

1-Aug-14

JPM4LN2A

Retail

0.00

4,990,166

28,925

5.96500%

1-Aug-14

JPM4LN2B

Mobile home park

0.00

4,990,786

29,865

5.39000%

11-Jul-14

JPM4LN2B

Multifamily

0.00

5,000,000

22,458

5.95000%

11-May-14

JPM4LN2B

Mobile home park

0.00

4,877,585

29,221

5.18000%

11-May-14

JPM4LN2A

Retail

0.00

4,873,415

26,846

6.05500%

1-Jun-14

JPM4LN2A

Self storage

0.00

4,773,943

31,088

6.64000%

11-Jul-14

JPM4LN2A

Retail

0.00

4,739,161

30,462

5.74800%

1-Aug-14

JPM4LN2B

Multifamily

0.00

4,636,764

29,248

6.13000%

1-Jul-09

JPM4LN2B

Multifamily

0.00

4,581,959

30,004

5.11000%

6-Aug-14

JPM4LN2A

Multifamily

0.00

4,478,976

29,972

5.97000%

6-Jun-14

JPM4LN2B

Multifamily

0.00

4,430,459

28,622

6.09000%

11-Jul-14

JPM4LN2A

Retail

0.00

4,423,426

26,847

6.09500%

1-Jul-14

JPM4LN2A

Retail

0.00

4,388,531

26,650

5.97300%

1-Jun-09

JPM4LN2B

Multifamily

0.00

4,365,829

28,212

6.10000%

11-Aug-14

JPM4LN2B

Multifamily

0.00

4,188,749

27,318

5.78000%

1-Jun-14

JPM4LN2A

Retail

0.00

4,084,175

24,005

6.01000%

1-Aug-14

JPM4LN2B

Multifamily

0.00

3,989,116

25,797

4.98000%

1-Jul-14

JPM4LN2A

Retail

0.00

3,986,581

21,424

Page 18 of 32

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

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

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:

4.95000%

1-Jun-14

JPM4LN2A

Mobile home park

0.00

3,981,581

21,351

5.97000%

6-Jun-14

JPM4LN2B

Multifamily

0.00

3,944,152

25,480

5.68000%

11-Aug-14

JPM4LN2B

Multifamily

0.00

3,883,784

24,339

6.06000%

11-Jun-14

JPM4LN2B

Multifamily

0.00

3,860,000

19,493

5.86000%

6-Jul-14

JPM4LN2B

Multifamily

0.00

3,851,860

22,811

5.04000%

11-Jul-14

JPM4LN2B

Multifamily

0.00

3,837,251

20,762

6.09000%

11-Jul-14

JPM4LN2A

Retail

0.00

3,790,083

23,003

5.91000%

11-Jun-14

JPM4LN2B

Multifamily

0.00

3,745,897

22,326

100

6.04000%

11-Jul-14

JPM4LN2A

Retail

0.00

3,740,097

22,580

101

5.09000%

1-Jul-09

JPM4LN2A

Self storage

0.00

3,583,054

21,234

102

6.05700%

1-Jan-14

JPM4LN2A

Retail

0.00

3,571,235

21,735

103

5.82000%

11-Aug-14

JPM4LN2B

Multifamily

0.00

3,543,244

20,875

104

6.39300%

1-Sep-14

JPM4LN2B

Multifamily

0.00

3,496,770

21,877

105

6.16800%

1-Jul-14

JPM4LN2B

Multifamily

0.00

3,491,035

21,364

106

6.38000%

11-Aug-19

JPM4LN2A

Retail

0.00

3,391,329

22,703

107

5.96000%

11-Aug-14

JPM4LN2A

Retail

0.00

3,290,943

21,181

108

6.65000%

11-May-14

JPM4LN2A

Retail

0.00

3,255,237

22,421

109

5.88000%

1-Jul-14

JPM4LN2A

Retail

0.00

3,253,555

19,309

110

5.97000%

1-Jul-14

JPM4LN2A

Office

0.00

3,187,082

20,559

111

5.77000%

1-Jul-19

JPM4LN2B

Multifamily

0.00

3,167,207

26,607

112

5.78900%

1-Aug-14

JPM4LN2A

Retail

0.00

3,143,964

18,461

113

5.43000%

1-Jul-11

JPM4LN2A

Industrial

0.00

3,134,446

17,713

114

6.31000%

1-Aug-24

JPM4LN2A

Retail

0.00

2,987,980

22,033

115

Page 19 of 32

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

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

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:

5.99500%

1-Jun-11

JPM4LN2A

Retail

0.00

2,949,105

17,737

116

5.06000%

11-Aug-09

JPM4LN2A

Retail

0.00

2,893,503

15,674

117

5.53000%

11-May-14

JPM4LN2A

Retail

0.00

2,885,421

16,521

118

5.73000%

1-Apr-14

JPM4LN2A

Retail

0.00

2,882,942

16,887

119

5.73000%

1-Aug-14

JPM4LN2A

Industrial

0.00

2,774,604

16,188

120

6.12000%

1-Aug-24

JPM4LN2A

Retail

0.00

2,688,910

19,531

121

6.19000%

11-Jul-14

JPM4LN2B

Mobile home park

0.00

2,673,171

16,397

122

5.70000%

1-Jun-24

JPM4LN2A

Retail

0.00

2,577,340

18,180

123

5.34000%

1-Jun-14

JPM4LN2A

Retail

0.00

2,576,287

17,651

124

6.09000%

1-Sep-19

JPM4LN2A

Retail

0.00

2,496,442

16,245

125

5.56000%

6-Aug-14

JPM4LN2A

Multifamily

0.00

2,400,000

11,120

126

5.60000%

1-Jul-14

JPM4LN2B

Multifamily

0.00

2,492,689

14,352

127

5.34000%

11-May-14

JPM4LN2A

Retail

0.00

2,486,897

13,945

128

5.86000%

6-Jul-14

JPM4LN2B

Multifamily

0.00

2,430,788

14,393

129

6.03000%

11-Aug-14

JPM4LN2A

Retail

0.00

2,393,492

15,507

130

6.21000%

1-Jul-14

JPM4LN2A

Mobile home park

0.00

2,368,977

14,562

131

5.76300%

1-Jul-14

JPM4LN2B

Multifamily

0.00

2,343,791

14,825

132

5.68000%

11-Aug-14

JPM4LN2B

Multifamily

0.00

2,328,276

14,591

133

6.12000%

11-Jul-14

JPM4LN2A

Retail

0.00

2,314,986

14,095

134

6.14000%

11-Aug-14

JPM4LN2B

Mobile home park

0.00

2,293,882

15,016

135

4.88000%

1-Jun-14

JPM4LN2A

Retail

0.00

2,284,802

13,285

136

5.77000%

11-Aug-14

JPM4LN2A

Retail

0.00

2,270,623

13,305

137

5.43000%

11-Jun-14

JPM4LN2B

Multifamily

0.00

2,240,633

12,677

138

Page 20 of 32

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

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

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:

5.75000%

1-Aug-14

JPM4LN2A

Retail

0.00

2,195,748

12,839

139

6.61000%

1-Jul-19

JPM4LN2A

Office

0.00

2,194,942

14,065

140

5.97000%

1-Jul-14

JPM4LN2A

Retail

0.00

2,194,094

13,148

141

5.76000%

1-Jul-14

JPM4LN2A

Retail

0.00

2,193,798

12,853

142

6.46000%

11-Aug-19

JPM4LN2A

Retail

0.00

2,094,720

14,127

143

6.24000%

1-Jul-14

JPM4LN2A

Retail

0.00

2,094,713

12,916

144

5.58500%

1-Jul-14

JPM4LN2A

Mobile home park

0.00

2,078,111

17,254

145

5.57500%

1-Apr-14

JPM4LN2A

Office

0.00

2,087,227

12,023

146

5.17000%

11-Jul-11

JPM4LN2A

Retail

0.00

2,070,000

8,918

147

6.27000%

11-Aug-14

JPM4LN2A

Self storage

0.00

2,056,456

12,711

148

6.16200%

1-Jul-14

JPM4LN2A

Retail

0.00

2,024,793

12,383

149

5.84000%

1-Sep-14

JPM4LN2B

Multifamily

0.00

1,997,947

11,786

150

6.11000%

1-Aug-19

JPM4LN2A

Retail

0.00

1,986,681

16,996

151

6.33000%

1-Jul-09

JPM4LN2B

Multifamily

0.00

1,995,073

12,419

152

6.25000%

1-Jul-14

JPM4LN2B

Multifamily

0.00

1,992,326

13,193

153

6.50000%

1-Jun-14

JPM4LN2B

Multifamily

0.00

1,989,956

13,504

154

6.77500%

1-Jul-14

JPM4LN2B

Multifamily

0.00

1,943,215

13,504

155

5.67000%

1-May-14

JPM4LN2A

Retail

0.00

1,879,324

13,253

156

6.22000%

1-Jun-14

JPM4LN2A

Retail

0.00

1,790,504

11,841

157

5.83000%

11-Aug-09

JPM4LN2B

Mobile home park

0.00

1,700,000

8,259

158

6.44300%

1-Jul-19

JPM4LN2B

Mobile home park

0.00

1,683,638

14,756

159

5.25000%

1-Jun-19

JPM4LN2A

Retail

0.00

1,675,419

13,666

160

5.70000%

1-Jun-14

JPM4LN2B

Multifamily

0.00

1,630,540

10,268

161

Page 21 of 32

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

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

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:

6.06000%

1-Jun-14

JPM4LN2B

Multifamily

0.00

1,494,558

9,051

162

6.01900%

1-Jun-09

JPM4LN2B

Multifamily

0.00

1,491,806

9,682

163

6.36000%

1-Aug-14

JPM4LN2A

Office

0.00

1,471,225

9,831

164

4.73000%

6-Apr-14

JPM4LN2A

Multifamily

0.00

1,400,000

5,518

165

5.95000%

1-Jul-29

JPM4LN2A

Retail

0.00

1,394,328

8,977

166

5.93000%

1-Aug-14

JPM4LN2B

Mobile home park

0.00

1,356,248

8,704

167

6.09000%

1-Jul-14

JPM4LN2A

Self storage

0.00

1,294,864

8,448

168

6.04700%

1-Jul-19

JPM4LN2B

Multifamily

0.00

1,188,014

10,157

169

5.80000%

1-Aug-14

JPM4LN2B

Multifamily

0.00

1,159,677

7,351

170

5.87500%

1-Aug-14

JPM4LN2A

Self storage

0.00

1,096,936

7,004

171

6.44300%

1-Jun-14

JPM4LN2B

Multifamily

0.00

1,076,408

6,786

172

5.79000%

11-Jul-09

JPM4LN2A

Mobile home park

0.00

997,200

5,861

173

5.01500%

1-Jun-14

JPM4LN2A

Retail

0.00

974,377

10,614

174

6.62000%

11-Aug-14

JPM4LN2A

Office

0.00

648,969

4,160

175

1,243,991,711

6,897,944

Page 22 of 32

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

JP Morgan Chase Comercial Mortgage Securities Corp.

Mortgage Loan Characteristics

ABN AMRO Acct: 722014.2

Series 2004-LN2

Commercial Mortgage Pass-Through Certificates

30-Sep-04

15-Nov-04

15-Sep-04

15-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 23 of 32

Current Scheduled

Balance

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

2,620,546

0.21

5.71

0.00

0 to

1,000,000

36,688,689

2.95

126

6.03

0.00

1,000,000 to

2,000,000

84,320,141

6.78

129

5.82

0.00

2,000,000 to

3,000,000

86,119,504

6.92

118

5.82

0.00

3,000,000 to

4,000,000

83,808,725

6.74

107

5.83

0.00

4,000,000 to

5,000,000

31,031,236

2.49

111

5.68

0.00

5,000,000 to

6,000,000

45,611,160

3.67

126

5.67

0.00

6,000,000 to

7,000,000

90,426,895

7.27

114

5.72

0.00

7,000,000 to

8,000,000

51,246,010

4.12

110

5.47

0.00

8,000,000 to

9,000,000

38,847,322

3.12

103

5.48

0.00

9,000,000 to 10,000,000

243,988,144

19.61

116

5.66

0.00

10,000,000 to 15,000,000

134,124,429

10.78

100

5.35

0.00

15,000,000 to 20,000,000

92,597,984

7.44

5.82

0.00

20,000,000 to 25,000,000

25,820,927

2.08

178

5.74

0.00

25,000,000 to 50,000,000

196,740,000

15.82

102

5.62

0.00

50,000,000 to 75,000,000

0.00

75,000,000 &

Above

73,000,000

648,969

1,243,991,711

175

100.00%

Average Schedule Balance
Maximum Schedule Balance
Minimum Schedule Balance

7,108,524

Current Mortgage

Interest Rate

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

0.00

4.000%

4.250%

0.00

4.251%

4.500%

19,500,000

1.57

117

4.73

0.00

4.501%

4.750%

58,111,344

4.67

4.94

0.00

4.751%

5.000%

125,272,006

10.07

101

5.11

0.00

5.001%

5.250%

205,695,119

16.54

5.44

0.00

5.251%

5.500%

293,647,668

23.61

122

5.63

0.00

5.501%

5.750%

301,691,699

24.25

115

5.88

0.00

5.751%

6.000%

161,314,526

12.97

125

6.09

0.00

6.001%

6.250%

65,977,824

5.30

121

6.37

0.00

6.251%

6.500%

10,838,309

0.87

129

6.64

0.00

6.501%

6.750%

1,943,215

0.16

117

6.78

0.00

6.751%

7.000%

0.00

7.001%

7.250%

0.00

7.251%

7.500%

0.00

7.501%

Above

175

1,243,991,711

Minimum Mortgage Interest Rate
Maximum Mortgage Interest Rate

100.00%

4.730%
6.775%

Fully Amortizing

Mortgage Loans

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

0.00

179,478,899

14.43

5.49

0.00

90,160,319

7.25

5.55

0.00

129

867,756,369

69.76

117

5.69

0.00

120

0.00

121

Above

297

156

1,137,395,588

Minimum Remaining Term

Maximum Remaining Term

91.43%

Balloon

Mortgage Loans

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

0.00

120

0.00

121

150

0.00

151

180

0.00

181

210

0.00

211

& Above

0.00

JP Morgan Chase Comercial Mortgage Securities Corp.

Mortgage Loan Characteristics

ABN AMRO Acct: 722014.2

Series 2004-LN2

Commercial Mortgage Pass-Through Certificates

30-Sep-04

15-Nov-04

15-Sep-04

15-Oct-04

Record Date:

Next Payment:

Prior Payment:

Payment Date:

Statement Date:

Geographic Distribution

Distribution of DSCR (PFY)

Distribution of DSCR (Cutoff)

Page 24 of 32

Debt Service

Coverage Ratio

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

0.500 0.625

0.00

0.626 0.750

0.00

0.751 0.875

0.00

0.876 1.000

0.00

1.001 1.125

0.00

1.126 1.250

0.00

1.251 1.375

0.00

1.376 1.500

0.00

1.501 1.625

0.00

1.626 1.750

0.00

1.751 1.875

0.00

1.876 2.000

0.00

2.001 2.125

0.00

2.126 2.250

0.00

2.251 & Above

175

1,243,991,711

100.00

111

5.67

0.00

Unknown

0.000
0.000

175

1,243,991,711

100.00%

Minimum DSCR

Maximum DSCR

Debt Service

Coverage Ratio

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

0.500 0.625

0.00

0.626 0.750

0.00

0.751 0.875

0.00

0.876 1.000

0.00

1.001 1.125

196,466,737

15.79

112

5.79

0.00

1.126 1.250

408,215,251

32.81

113

5.68

0.00

1.251 1.375

277,745,098

22.33

113

5.66

0.00

1.376 1.500

124,042,442

9.97

5.64

0.00

1.501 1.625

31,101,379

2.50

113

5.55

0.00

1.626 1.750

43,659,325

3.51

5.46

0.00

1.751 1.875

108,155,140

8.69

121

5.73

0.00

1.876 2.000

30,941,305

2.49

141

5.40

0.00

2.001 2.125

3,121,729

0.25

117

6.06

0.00

2.126 2.250

20,543,304

1.65

111

5.16

0.00

2.251 & Above

29.300

1.160

175

1,243,991,711 100.00

Minimum DSCR

Maximum DSCR

Geographic

Location

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

California

128,897,942

10.36

117

5.62

0.00

New York

124,647,881

10.02

129

5.54

0.00

Virginia

85,644,888

6.88

119

5.82

0.00

North Carolina

74,406,288

5.98

5.48

0.00

Texas

72,740,533

5.85

117

5.72

0.00

Michigan

65,251,080

5.25

120

5.83

0.00

Maryland

57,610,450

4.63

122

6.10

0.00

Arizona

54,626,520

4.39

5.58

0.00

Minnesota

54,486,049

4.38

121

5.18

0.00

Colorado

51,660,554

4.15

5.79

0.00

CMBS Certificate

50,740,000

4.08

5.48

0.00

Indiana

44,754,343

3.60

5.22

0.00

Ohio

37,379,508

3.00

124

5.89

0.00

Illinois

31,022,011

2.49

102

6.01

0.00

Wisconsin

30,855,083

2.48

5.59

0.00

Florida

26,730,880

2.15

5.70

0.00

Hawaii

25,820,927

2.08

178

5.74

0.00

Missouri

24,924,543

2.00

5.46

0.00

West Virginia

19,207,294

1.54

115

5.50

0.00

Washington

17,770,888

1.43

123

5.61

0.00

New Jersey

16,652,775

1.34

117

5.80

0.00

South Carolina

16,643,964

1.34

117

6.00

0.00

Georgia

14,295,520

1.15

117

5.94

0.00

Nevada

13,944,290

1.12

126

5.78

0.00

Idaho

12,937,359

1.04

178

6.03

0.00

Mississippi

12,588,413

1.01

107

6.00

0.00

Tennessee

10,600,364

0.85

118

5.95

0.00

Alabama

10,172,488

0.82

117

5.95

0.00

District of Columbia

9,968,372

0.80

117

5.25

0.00

Maine

9,647,460

0.78

118

5.75

0.00

Pennsylvania

6,138,178

0.49

115

6.22

0.00

Louisiana

5,100,000

0.41

5.77

0.00

Utah

4,946,317

0.40

179

5.94

0.00

Massachusetts

4,581,959

0.37

6.13

0.00

Connecticut

3,981,581

0.32

116

4.95

0.00

Arkansas

3,740,097

0.30

117

6.04

0.00

Oregon

3,543,244

0.28

118

5.82

0.00

Kentucky

3,253,555

0.26

117

5.88

0.00

Delaware

2,078,111

0.17

117

5.59

0.00

100.00

1,243,991,711

175

JP Morgan Chase Comercial Mortgage Securities Corp.

Mortgage Loan Characteristics

ABN AMRO Acct: 722014.2

Series 2004-LN2

Commercial Mortgage Pass-Through Certificates

30-Sep-04

15-Nov-04

15-Sep-04

15-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 25 of 32

Property Types

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

Retail

417,129,453

33.53

120

5.76

0.00

Multifamily

367,340,623

29.53

5.59

0.00

Office

205,412,614

16.51

124

5.65

0.00

Industrial

111,620,695

8.97

109

5.29

0.00

Mobile home park

86,475,670

6.95

109

5.79

0.00

Lodging

35,927,184

2.89

110

6.32

0.00

Self storage

20,085,472

1.61

106

5.85

0.00

1,243,991,711

175

100.00%

Amortization Type

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

AmortizingBalloon

144

771,521,711

62.02

116

5.76

0.00

IO Maturity Balloon

57,720,000

4.64

5.32

0.00

IO/Amortizing/Balloon

414,750,000

33.34

109

5.54

0.00

1,243,991,711

175

100.00%

Number of Months

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

175

1,243,991,711

100.00

111

0.00

5.67

0.00

120

0.00

121

150

0.00

151

180

0.00

181

210

0.00

211

240

0.00

241

270

0.00

271

300

0.00

301

175

1,243,991,711

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

179,478,899

14.43

5.49

0.00

2009

0.00

2010

90,160,319

7.25

5.55

0.00

2011

0.00

2012

0.00

2013

129

867,756,369

69.76

117

5.69

0.00

2014

106,596,122

8.57

182

5.87

0.00

2015 & Greater

100.00

1,243,991,711

175

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

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

Statement Date:

Loan

Status

Code(1)

Page 26 of 32

(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

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04
15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

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

Disclosure

Control #

Resolution

Strategy

Comments

Statement Date:

Page 27 of 32

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

Modified Loan Detail

Disclosure

Control #

Modification

Date

Cutoff

Maturity

Date

Modification

Description

Modified

Maturity

Date

Statement Date:

Page 28 of 32

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

Defeased Loans

Statement Date:

Disclosure
Control #

Page 29 of 32

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

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: 722014.2

Page 30 of 32

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

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 31 of 32

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Oct-04
15-Oct-04

15-Sep-04

15-Nov-04

30-Sep-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

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:

Current Total
Cumulative

Page 32 of 32

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

J.P. Morgan Chase Commercial Mortgage Series 2004-LN2 8-K