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) December 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 December 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 December 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: December 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-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-04

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

Analyst:
Sophie Doorbar 714.259.6235
Sophie.Doorbar@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_200412_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:

5.669100%

15-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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

109

Upper REMIC

Statement Date:

ABN AMRO Acct: 722014.2

991.492985321

3.108127201

0.000000000

988.384858121

3.697442613

Fixed

0.00

0.000000000

4.47500000%

0.000000000

46625YCU5

A-1

222,090,000.00

220,200,677.11

690,283.97

0.00

219,510,393.14

821,165.03

997.864006390

0.796319556

0.000000000

997.067686835

4.023055060

4.838000000%

0.00

0.000000000

4.83800000%

0.000000000

46625YBN2/U48138TG3

A-1A

420,653,000.00

419,754,487.88

334,974.21

0.00

419,419,513.67

1,692,310.18

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

997.762344246

0.000000000

996.939420774

0.037037513

0.00

0.000000000

0.04454469%

0.000000000

46625YBL6/U48138TE8

X-1

1,245,873,055.00

1,243,085,219.99

0.00

1,242,059,961.81

46,144.04

1000.000000000

0.000000000

1000.000000000

0.553392723

0.00

0.000000000

0.66407127%

0.000000000

46625YBM4/U48138TF5

X-2

1,200,608,000.00

0.00

1,200,608,000.00

664,407.73

1000.000000000

0.000000000

1000.000000000

4.257270607

5.108624610%

0.00

0.000000000

5.10872458%

0.000000000

46625YCW1

29,589,000.00

0.00

29,589,000.00

125,968.38

1000.000000000

0.000000000

1000.000000000

4.290603580

5.148624610%

0.00

0.000000000

5.14872458%

0.000000000

46625YCX9

12,459,000.00

0.00

12,459,000.00

53,456.63

1000.000000000

0.000000000

1000.000000000

4.339770548

5.207624610%

0.00

0.000000000

5.20772458%

0.000000000

46625YCY7

23,360,000.00

0.00

23,360,000.00

101,377.04

1000.000000000

0.000000000

1000.000000000

4.422270976

5.306624610%

0.00

0.000000000

5.30672458%

0.000000000

46625YBP7/U48138TH1

9,344,000.00

0.00

9,344,000.00

41,321.70

1000.000000000

0.000000000

1000.000000000

4.541437161

5.449624610%

0.00

0.000000000

5.44972458%

0.000000000

46625YBQ5/U48138TJ7

17,131,000.00

0.00

17,131,000.00

77,799.36

1000.000000000

0.000000000

1000.000000000

4.641437515

5.569624610%

0.00

0.000000000

5.56972458%

0.000000000

46625YBR3/U48138TK4

12,459,000.00

0.00

12,459,000.00

57,827.67

1000.000000000

0.000000000

1000.000000000

4.683936953

5.620624610%

0.00

0.000000000

5.62072458%

0.000000000

46625YBS1/U48138TL2

17,130,000.00

0.00

17,130,000.00

80,235.84

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:

5.669100%

15-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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

109

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

4.390490253

5.289000000%

0.00

)

(291.39

)

(0.017009460

5.28900000%

0.000000000

46625YBZ5/U48138TT5

17,131,055.00

0.00

17,131,055.00

75,213.73

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

)

(291.39

1,245,873,055.00

1,243,085,219.99

6,847,499.84

Total

1,242,059,961.81

1,025,258.18

0.00

5,822,241.66

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:

5.669100%

15-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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

109

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-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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

5,620,602.57

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

5,870,092.84

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

)

(291.39

)

(291.39

5,824,106.29

)

(1,025.55

)

(839.09

0.00
0.00

)

(1,864.64

990,672.71

34,585.47

1,025,258.18

0.00
0.00
0.00
0.00
0.00
0.00

1,025,258.18

6,849,364.47

6,847,499.83

1,243,094,242.28

175

1,025,258.18

0.00

0.00
0.00

0.00

1,242,068,984.10

175

56,662.75

353,745.74

34,585.47

249,490.26

34,585.47

249,490.26

45,695.16

0.00
0.00

2,594.98

48,290.13

0.00
0.00
0.00
0.00
0.00
0.00

0.00

)

(45,695.16

5,822,241.65

Interest Not Advanced (

Current Period

)

0.00

249,490.26

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

)

(353,745.74

)

(56,662.75

0.00

Advance Summary (Advance Made by Servicer)

Page 5 of 32

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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

3,764,870.93

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

3,904,459.73

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

)

(265.66

)

(265.66

3,875,118.17

)

(679.25

)

(555.75

0.00
0.00

)

(1,235.01

679,846.35

10,437.62

690,283.97

0.00
0.00
0.00
0.00
0.00
0.00

690,283.97

4,565,402.14

4,564,167.13

823,339,260.79

113

690,283.97

0.00

0.00
0.00

0.00

822,648,976.82

113

31,537.41

202,099.28

10,437.62

139,588.80

10,437.62

139,588.80

29,075.90

0.00
0.00

1,350.08

30,425.98

0.00
0.00
0.00
0.00
0.00
0.00

0.00

)

(29,075.90

3,873,883.16

Interest Not Advanced (

Current Period

)

0.00

139,588.80

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

)

(202,099.28

)

(31,537.41

0.00

Advance Summary (Advance Made by Servicer)

Page 6 of 32

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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

1,855,731.64

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

1,965,633.11

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

)

(25.73

)

(25.73

1,948,988.12

)

(346.30

)

(283.33

0.00
0.00

)

(629.63

310,826.36

24,147.85

334,974.21

0.00
0.00
0.00
0.00
0.00
0.00

334,974.21

2,283,962.33

2,283,332.70

419,754,981.49

334,974.21

0.00

0.00
0.00

0.00

419,420,007.28

25,128.34

151,646.46

24,147.85

109,901.46

24,147.85

109,901.46

16,619.25

0.00
0.00

1,244.90

17,864.15

0.00
0.00
0.00
0.00
0.00
0.00

0.00

)

(16,619.25

1,948,358.49

Interest Not Advanced (

Current Period

)

0.00

109,901.46

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

)

(151,646.46

)

(25,128.34

0.00

Advance Summary (Advance Made by Servicer)

Page 7 of 32

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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

291.39

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

291.39

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

)

(291.39

)

(291.39

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-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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

821,165.03

0.00

13.88%

13.92%

30/360

4.475000000%

0.00

A-1A

1,692,310.18

0.00

13.88%

13.92%

30/360

4.838000000%

0.00

A-2

1,834,004.56

0.00

13.88%

13.92%

30/360

5.115000000%

0.00

X-1

46,144.04

0.00

30/360

0.044544692%

0.00

X-2

664,407.73

0.00

30/360

0.664071268%

0.00

125,968.38

0.00

11.50%

11.54%

30/360

5.108724575%

0.00

53,456.63

0.00

10.50%

10.53%

30/360

5.148724575%

0.00

101,377.04

0.00

8.63%

8.65%

30/360

5.207724575%

0.00

41,321.70

0.00

7.88%

7.90%

30/360

5.306724575%

0.00

77,799.36

0.00

6.50%

6.52%

30/360

5.449724575%

0.00

57,827.67

0.00

5.50%

5.52%

30/360

5.569724575%

0.00

80,235.84

0.00

4.13%

4.14%

30/360

5.620724575%

0.00

27,458.73

0.00

3.63%

3.64%

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%

2.76%

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%

2.01%

30/360

5.289000000%

0.00

34,321.20

0.00

1.38%

30/360

5.289000000%

0.00

75,505.12

76,094.60

75,213.73

880.87

0.00%

30/360

5.289000000%

)

(291.39

589.48

0.00

0.000000000%

0.00

5,822,533.05

5,823,122.53

5,822,241.66

880.87

)

(291.39

589.48

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-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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-Dec-04

0.57%

0.19%

0.00%

15-Nov-04

2,390,413

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-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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-Dec-04

175

100.00%

1,242,068,984

99.69%

0.00%

109

324

5.67%

5.62%

15-Nov-04

175

100.00%

1,243,094,242

99.78%

0.00%

110

325

5.85%

5.80%

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-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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:

1-Nov-04

78,440.00

0.00

1-Nov-04

47,337.50

0.00

1-Nov-04

24,352.50

0.00

1-Nov-04

29,851.95

0.00

1-Nov-04

26,357.24

0.00

1-Nov-04

20,876.68

0.00

102

1-Nov-04

26,502.20

0.00

112

1-Nov-04

13,438.87

0.00

155

1-Nov-04

10,213.57

0.00

161

1-Nov-04

6,705.23

0.00

172

284,075.73

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-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

Loan Level Detail

Disclosure

Control #

Property Name

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

Office

0.00

73,000,000

334,705

World Apparel Center

5.84000%

1-Aug-14

Retail

0.00

73,000,000

355,267

Chesapeake Square

5.48000%

7-Jul-09

Multifamily

0.00

50,740,000

231,713

JPI Portfolio - State
College/Tucson

5.74000%

6-Aug-19

Retail

0.00

25,640,107

215,767

Stadium Marketplace

5.46000%

1-Jul-09

Multifamily

0.00

24,872,386

141,320

Countryside Apartments

6.40000%

1-Aug-14

Lodging

0.00

23,996,742

161,356

Embassy Suites - BWI
Airport

5.75000%

1-Aug-14

Mobile home park

0.00

22,611,830

132,471

Plaza Mobile Estates

5.66000%

6-Aug-09

Multifamily

0.00

20,916,817

121,352

Hamptons Apartments

5.50000%

1-Jul-11

Retail

0.00

18,900,000

86,625

Belleview Promenade

4.73000%

1-Jul-14

Multifamily

0.00

18,100,000

71,344

The Preserve at Grande
Oaks

5.48000%

11-May-14

Multifamily

0.00

16,679,379

95,178

University Courtyard Apts

5.00000%

1-Jun-09

Industrial

0.00

16,700,000

69,583

Brylane Distribution Facility

5.27000%

11-Aug-11

Multifamily

0.00

16,200,000

71,145

Palazzo Townhomes

5.85000%

1-Jul-14

Office

0.00

15,925,137

94,391

Woodmont Place

5.96000%

1-Jul-14

Retail

0.00

15,900,000

78,970

North Academy Home
Center

5.04000%

11-May-14

Industrial

0.00

15,654,000

65,747

Twin Cities Industrial
Portfolio - Pool 3

5.64000%

1-Jun-18

Industrial

0.00

13,995,562

81,186

Ball Corporation Building

6.10000%

11-May-14

Retail

0.00

13,912,458

84,839

Lincoln Park Center

6.05000%

1-Jul-14

Multifamily

0.00

13,500,000

68,063

Crestmont Apartments

5.57000%

1-Aug-11

Multifamily

0.00

13,047,089

74,957

Runaway Bay Apartments

6.29000%

1-Jul-11

Retail

0.00

12,770,797

79,300

26-34 South State Street

5.39100%

1-Jul-14

Retail

0.00

12,236,257

68,999

Oakland Pointe Shopping
Center

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 MaturedBalloon

7. Foreclosure

9. REO

5. Non Performing Matured Balloon

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

Loan Level Detail

Disclosure

Control #

Property Name

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:

5.68000%

11-Aug-14

Multifamily

0.00

12,250,000

57,983

North Creek Apartments

5.57000%

1-Jul-19

Office

0.00

12,000,000

55,700

1140 Broadway

5.04000%

11-May-14

Industrial

0.00

11,604,000

48,737

Twin Cities Industrial
Portfolio - Pool 4

5.57500%

1-Apr-14

Office

0.00

11,307,113

65,265

Palomar Hts Corporate
Center

5.04000%

11-May-14

Industrial

0.00

11,110,000

46,662

Twin Cities Industrial
Portfolio - Pool 2

5.22000%

1-Apr-09

Mobile home park

0.00

11,054,884

61,380

Island Vista Estates

4.98000%

11-May-14

Retail

0.00

11,011,333

59,452

Garden Plaza

6.04000%

11-Jul-14

Mobile home park

0.00

10,959,928

66,234

Foxwood MHP

6.08000%

11-Jul-14

Industrial

0.00

10,700,000

54,213

Dayton Portfolio

5.04000%

11-May-14

Industrial

0.00

10,632,000

44,654

Twin Cities Industrial
Portfolio - Pool 1

5.50000%

1-Jul-09

Multifamily

0.00

10,500,000

48,125

Forest Ridge Apartments

5.80000%

1-Sep-14

Retail

0.00

10,500,000

50,750

Mission Gorge Shopping
Center

6.01000%

1-Aug-19

Office

0.00

10,421,639

62,780

T-Mobile

5.95000%

1-Jul-14

Multifamily

0.00

10,153,350

60,827

College Station Properties

6.13500%

1-Aug-14

Retail

0.00

10,060,000

51,432

Clybourn Commons

5.36000%

1-Aug-14

Office

0.00

9,909,035

68,000

218-220 Fifth Avenue

5.25000%

1-Jul-14

Office

0.00

9,946,564

55,220

1146 19th Street

5.44000%

11-Jun-14

Retail

0.00

9,753,560

55,360

Kohl's - Surprise

5.91000%

11-Aug-09

Retail

0.00

9,150,000

45,064

Plaza 173

5.16000%

11-May-09

Multifamily

0.00

8,811,707

48,542

Flagstone Garden
Apartments

5.02000%

11-Aug-11

Retail

0.00

8,800,000

36,813

University Crossing
Shopping Center

5.56000%

1-Aug-14

Office

0.00

8,664,784

49,726

One International Plaza

Page 16 of 32

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 MaturedBalloon

7. Foreclosure

9. REO

5. Non Performing Matured Balloon

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

Loan Level Detail

Disclosure

Control #

Property Name

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:

5.94000%

11-Aug-14

Office

0.00

8,468,338

50,634

Church Street Medical

5.79000%

1-Jul-19

Multifamily

0.00

8,300,000

40,048

The Pointe Apartments

5.35000%

11-Apr-14

Industrial

0.00

8,129,917

45,790

West Allis Industrial
Complex

5.89000%

1-Jul-14

Office

0.00

7,962,907

47,400

7220 Wisconsin Avenue

5.18000%

11-May-14

Retail

0.00

7,839,502

43,282

Cedar Plaza

6.03000%

1-Aug-14

Multifamily

0.00

7,811,375

47,156

Plantation Manor
Apartments

5.87500%

1-Jul-14

Office

0.00

7,664,176

45,548

Singh Office Centre

5.98000%

1-Sep-14

Mobile home park

0.00

7,658,142

45,947

Travelier MHP

5.91000%

11-Aug-14

Retail

0.00

7,471,876

44,533

Centennial Commons

5.92000%

11-Aug-14

Office

0.00

7,471,939

44,581

La Paloma Corporate Center

5.71000%

1-Jul-14

Office

0.00

7,463,782

43,578

26 Journal Square

4.98000%

11-May-14

Retail

0.00

7,440,090

40,170

North Pointe

5.93000%

1-Jul-14

Self storage

0.00

7,266,460

43,439

Weddington & Carolina
Self-Storage Portfolio

5.48000%

1-Aug-11

Industrial

0.00

7,140,000

32,606

Westgate on Wendover

5.75000%

1-Aug-14

Retail

0.00

7,072,423

41,434

Peachtree Square Shopping
Center

6.40000%

1-Aug-14

Lodging

0.00

6,864,740

46,159

Embassy Suites Troy

5.73000%

1-Jul-14

Retail

0.00

6,667,790

39,014

Hamlin Square

4.76000%

1-Jun-14

Multifamily

0.00

6,500,000

25,783

16640 Devonshire Street

5.74000%

11-Aug-14

Multifamily

0.00

6,474,698

37,891

Cedar Square

6.17000%

1-Jul-19

Retail

0.00

6,471,745

39,684

Flower Hill Shopping Center

6.00000%

1-Aug-14

Retail

0.00

6,401,384

38,521

Algonac Shopping Center

4.82000%

11-May-14

Multifamily

0.00

6,148,797

32,604

Gage Place Apartments

5.63000%

1-Aug-14

Office

0.00

5,368,485

33,581

Telegraph Office Building

Page 17 of 32

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 MaturedBalloon

7. Foreclosure

9. REO

5. Non Performing Matured Balloon

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

Loan Level Detail

Disclosure

Control #

Property Name

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:

5.09000%

1-Jun-14

Retail

0.00

5,323,462

35,907

Chesterfield Town Court

5.90000%

11-Jun-14

Retail

0.00

5,090,988

30,369

The Shops at Lee's Hill

5.77000%

1-Aug-11

Retail

0.00

5,100,000

24,523

Central Plaza

5.96000%

6-Jul-14

Mobile home park

0.00

5,076,728

30,446

Huron Shores Estates

5.74800%

1-Aug-14

Multifamily

0.00

4,996,253

31,607

Atlantic Townhouse
Apartments

5.36000%

1-Jun-14

Multifamily

0.00

4,988,038

28,064

Lake Pointe Apartments
Phase 1

5.85000%

1-Aug-09

Lodging

0.00

4,971,889

31,758

Doubletree Hotel Denver

5.67000%

1-Aug-14

Retail

0.00

4,980,238

28,925

Main Line Shopping Center

5.96500%

1-Aug-14

Mobile home park

0.00

4,981,478

29,865

Sundance 1 MHP & RV

5.39000%

11-Jul-14

Multifamily

0.00

5,000,000

22,458

French Quarter Apartments

5.95000%

11-May-14

Mobile home park

0.00

4,868,298

29,221

Orange Avenue MHP

5.18000%

11-May-14

Retail

0.00

4,862,476

26,846

California Plaza

6.05500%

1-Jun-14

Self storage

0.00

4,760,715

31,088

Central Self Storage
Montague

6.64000%

11-Jul-14

Retail

0.00

4,731,539

30,462

Seaside Village

5.74800%

1-Aug-14

Multifamily

0.00

4,623,399

29,248

Bangor Apartment Portfolio

6.13000%

1-Jul-09

Multifamily

0.00

4,569,513

30,004

10-18 Brainerd Road

5.11000%

6-Aug-14

Multifamily

0.00

4,457,770

29,972

1001 Fifth Avenue

5.97000%

6-Jun-14

Multifamily

0.00

4,418,003

28,622

Verandah Apartments

6.09000%

11-Jul-14

Retail

0.00

4,415,359

26,847

Walgreens - Fullerton

6.09500%

1-Jul-14

Retail

0.00

4,380,537

26,650

Parker Valley Center

5.97300%

1-Jun-09

Multifamily

0.00

4,353,562

28,212

Ocotillo Apartments

6.10000%

11-Aug-14

Multifamily

0.00

4,177,381

27,318

Westwick Apartments

5.78000%

1-Jun-14

Retail

0.00

4,076,148

24,005

Willowbrook III

Page 18 of 32

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 MaturedBalloon

7. Foreclosure

9. REO

5. Non Performing Matured Balloon

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

Loan Level Detail

Disclosure

Control #

Property Name

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:

6.01000%

1-Aug-14

Multifamily

0.00

3,978,121

25,797

Woodland Heights
Apartments

4.98000%

1-Jul-14

Retail

0.00

3,977,355

21,424

Terre Haute Shopping
Center

4.95000%

1-Jun-14

Mobile home park

0.00

3,972,257

21,351

Arlington Acres

5.97000%

6-Jun-14

Multifamily

0.00

3,933,064

25,480

Avalon Apartments

5.68000%

11-Aug-14

Multifamily

0.00

3,872,459

24,339

Sara Villa Apartments

6.06000%

11-Jun-14

Multifamily

0.00

3,860,000

19,493

Timber Park Apartments

5.86000%

6-Jul-14

Multifamily

0.00

3,844,469

22,811

Cambridge Woods

5.04000%

11-Jul-14

Multifamily

0.00

3,828,480

20,762

Forest Creek Apartments

6.09000%

11-Jul-14

Retail

0.00

3,783,172

23,003

Walgreens - Phoenix

5.91000%

11-Jun-14

Multifamily

0.00

3,738,741

22,326

100

Mason Manor Apartments

6.04000%

11-Jul-14

Retail

0.00

3,733,200

22,580

101

Walgreens - Van Buren

5.09000%

1-Jul-09

Self storage

0.00

3,571,465

21,234

102

Silverado Self Storage

6.05700%

1-Jan-14

Retail

0.00

3,564,401

21,735

103

Tupelo Market

5.82000%

11-Aug-14

Multifamily

0.00

3,536,421

20,875

104

Hillsdale Heights

6.39300%

1-Sep-14

Multifamily

0.00

3,490,881

21,877

105

Spring Valley Apartments

6.16800%

1-Jul-14

Multifamily

0.00

3,484,779

21,364

106

Summerhill Estates

6.38000%

11-Aug-19

Retail

0.00

3,382,564

22,703

107

Victory Village

5.96000%

11-Aug-14

Retail

0.00

3,281,793

21,181

108

Douglas Square

6.65000%

11-May-14

Retail

0.00

3,247,054

22,421

109

Eckerd - Wellsboro, PA

5.88000%

1-Jul-14

Retail

0.00

3,247,339

19,309

110

Shops of Fort Wright

5.97000%

1-Jul-14

Office

0.00

3,178,183

20,559

111

Huntington Professional
Center

5.77000%

1-Jul-19

Multifamily

0.00

3,144,906

26,607

112

Bay Pointe Apartments

5.78900%

1-Aug-14

Retail

0.00

3,137,869

18,461

113

Walgreens- Greenville, SC

5.43000%

1-Jul-11

Industrial

0.00

3,127,845

17,713

114

Eastpoint Business Center

Page 19 of 32

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 MaturedBalloon

7. Foreclosure

9. REO

5. Non Performing Matured Balloon

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

Loan Level Detail

Disclosure

Control #

Property Name

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:

6.31000%

1-Aug-24

Retail

0.00

2,975,831

22,033

115

Market at Uvalde and 610 N
Shepherd

5.99500%

1-Jun-11

Retail

0.00

2,943,576

17,737

116

Raymond Road Shopping
Center

5.06000%

11-Aug-09

Retail

0.00

2,886,950

15,674

117

Walgreens - Gilbert

5.53000%

11-May-14

Retail

0.00

2,879,404

16,521

118

Food City Grocery Store

5.73000%

1-Apr-14

Retail

0.00

2,877,146

16,887

119

Progress Haddington Plaza

5.73000%

1-Aug-14

Industrial

0.00

2,769,155

16,188

120

Modern Business Park

6.12000%

1-Aug-24

Retail

0.00

2,677,705

19,531

121

Boca Park

6.19000%

11-Jul-14

Mobile home park

0.00

2,668,404

16,397

122

Tara MHP

5.70000%

1-Jun-24

Retail

0.00

2,565,846

18,180

123

Walgreens - Jordan, UT

5.34000%

1-Jun-14

Retail

0.00

2,564,271

17,651

124

Golden Triangle Mall

6.09000%

1-Sep-19

Retail

0.00

2,489,697

16,245

125

Walgreen's - Eagle, ID

5.56000%

6-Aug-14

Multifamily

0.00

2,400,000

11,120

126

179 E 70th Street

5.60000%

1-Jul-14

Multifamily

0.00

2,487,627

14,352

127

Chateau Royale Apartments

5.34000%

11-May-14

Retail

0.00

2,481,499

13,945

128

Lexington Plaza Shopping
Center

5.86000%

6-Jul-14

Multifamily

0.00

2,426,125

14,395

129

Briar Cliff Woods

6.03000%

11-Aug-14

Retail

0.00

2,386,918

15,507

130

CVS - Voorhees

6.21000%

1-Jul-14

Mobile home park

0.00

2,364,772

14,562

131

Mountain View Estates &
Country Village

5.76300%

1-Jul-14

Multifamily

0.00

2,337,012

14,825

132

New Indian Valley
Apartments

5.68000%

11-Aug-14

Multifamily

0.00

2,321,487

14,591

133

Polo Green Apartments

6.12000%

11-Jul-14

Retail

0.00

2,310,793

14,095

134

Northlake Forest

6.14000%

11-Aug-14

Mobile home park

0.00

2,287,699

15,016

135

Lakeside Mobile Home
Community

4.88000%

1-Jun-14

Retail

0.00

2,277,109

13,285

136

Walgreens - Pittsburgh, CA

Page 20 of 32

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 MaturedBalloon

7. Foreclosure

9. REO

5. Non Performing Matured Balloon

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

Loan Level Detail

Disclosure

Control #

Property Name

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%

11-Aug-14

Retail

0.00

2,266,202

13,305

137

Teal Run Shopping Center

5.43000%

11-Jun-14

Multifamily

0.00

2,235,885

12,677

138

Sun Valley Apartments

5.75000%

1-Aug-14

Retail

0.00

2,191,455

12,839

139

Galena Square Shopping
Center

6.61000%

1-Jul-19

Office

0.00

2,191,387

14,065

140

1020 North Fairfax Street

5.97000%

1-Jul-14

Retail

0.00

2,189,984

13,148

141

Pine Valley Marketplace

5.76000%

1-Jul-14

Retail

0.00

2,189,495

12,853

142

Ed Carey Retail Plaza

6.46000%

11-Aug-19

Retail

0.00

2,089,382

14,127

143

Timbercrest

6.24000%

1-Jul-14

Retail

0.00

2,091,020

12,916

144

Spencer Gardens Shopping
Center

5.58500%

1-Jul-14

Mobile home park

0.00

2,063,236

17,254

145

Walkers Mill/Walkers
Meadow MHP

5.57500%

1-Apr-14

Office

0.00

2,082,889

12,023

146

Melrose Office Building

5.17000%

11-Jul-11

Retail

0.00

2,070,000

8,918

147

Mount Pleasant Outlot

6.27000%

11-Aug-14

Self storage

0.00

2,052,875

12,711

148

Clifton Park Self-Storage

6.16200%

1-Jul-14

Retail

0.00

2,021,159

12,383

149

Walgreens - Keller, TX

5.84000%

1-Sep-14

Multifamily

0.00

1,994,138

11,786

150

Crosslake Cove Apartments

6.11000%

1-Aug-19

Retail

0.00

1,973,223

16,996

151

Westgrove Plaza

6.33000%

1-Jul-09

Multifamily

0.00

1,991,627

12,419

152

Pinewood Apartments

6.25000%

1-Jul-14

Multifamily

0.00

1,987,025

13,193

153

North Pointe Apartments

6.50000%

1-Jun-14

Multifamily

0.00

1,984,852

13,504

154

Westgate Apartments

6.77500%

1-Jul-14

Multifamily

0.00

1,938,503

13,504

155

Cimeron Apartments

5.67000%

1-May-14

Retail

0.00

1,870,855

13,253

156

Turtle Bend Shopping
Center

6.22000%

1-Jun-14

Retail

0.00

1,785,682

11,841

157

3633 US Route 9

5.83000%

11-Aug-09

Mobile home park

0.00

1,700,000

8,259

158

Morningside MHP

6.44300%

1-Jul-19

Mobile home park

0.00

1,672,478

14,756

159

Mobile Manor MHC

Page 21 of 32

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 MaturedBalloon

7. Foreclosure

9. REO

5. Non Performing Matured Balloon

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-04

Commercial Mortgage Pass-Through Certificates

Series 2004-LN2

ABN AMRO Acct: 722014.2

Loan Level Detail

Disclosure

Control #

Property Name

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:

5.25000%

1-Jun-19

Retail

0.00

1,662,964

13,666

160

Silverlake Shopping Center

5.70000%

1-Jun-14

Multifamily

0.00

1,625,741

10,268

161

Brookview Townhomes

6.06000%

1-Jun-14

Multifamily

0.00

1,491,796

9,051

162

Bear Gardens Apartments

6.01900%

1-Jun-09

Multifamily

0.00

1,487,647

9,682

163

Sweetwater Apartments

6.36000%

1-Aug-14

Office

0.00

1,467,409

9,831

164

Ohio Savings Bank Building

4.73000%

6-Apr-14

Multifamily

0.00

1,400,000

5,518

165

205 East 69th Street

5.95000%

1-Jul-29

Retail

0.00

1,390,422

8,977

166

Walgreens - Chillicothe

5.93000%

1-Aug-14

Mobile home park

0.00

1,352,458

8,704

167

Southwind Villa MHC

6.09000%

1-Jul-14

Self storage

0.00

1,291,323

8,448

168

Lock Box Self Storage

6.04700%

1-Jul-19

Multifamily

0.00

1,179,853

10,157

169

101-103 Crosby Street

5.80000%

1-Aug-14

Multifamily

0.00

1,156,364

7,351

170

Indian Valley III Apts

5.87500%

1-Aug-14

Self storage

0.00

1,093,842

7,004

171

Ayres Self Storage

6.44300%

1-Jun-14

Multifamily

0.00

1,074,584

6,786

172

Elmwood Apartments

5.79000%

11-Jul-09

Mobile home park

0.00

995,257

5,861

173

Diboll MHC

5.01500%

1-Jun-14

Retail

0.00

961,402

10,614

174

Washington Mutual -
Rolling Meadows

6.62000%

11-Aug-14

Office

0.00

647,926

4,160

175

6 Executive Park

1,242,068,984

6,897,946

Page 22 of 32

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 MaturedBalloon

7. Foreclosure

9. REO

5. Non Performing Matured Balloon

JP Morgan Chase Comercial Mortgage Securities Corp.

Mortgage Loan Characteristics

ABN AMRO Acct: 722014.2

Series 2004-LN2

Commercial Mortgage Pass-Through Certificates

30-Nov-04

18-Jan-05

15-Nov-04

15-Dec-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

2,604,586

0.21

5.71

0.00

0 to

1,000,000

36,572,787

2.94

124

6.03

0.00

1,000,000 to

2,000,000

84,113,994

6.77

127

5.82

0.00

2,000,000 to

3,000,000

85,916,818

6.92

116

5.82

0.00

3,000,000 to

4,000,000

88,612,597

7.13

105

5.83

0.00

4,000,000 to

5,000,000

25,959,663

2.09

108

5.66

0.00

5,000,000 to

6,000,000

45,529,154

3.67

124

5.67

0.00

6,000,000 to

7,000,000

90,262,672

7.27

112

5.72

0.00

7,000,000 to

8,000,000

51,174,747

4.12

108

5.47

0.00

8,000,000 to

9,000,000

38,759,160

3.12

101

5.48

0.00

9,000,000 to 10,000,000

243,726,409

19.62

114

5.66

0.00

10,000,000 to 15,000,000

134,058,516

10.79

5.35

0.00

15,000,000 to 20,000,000

92,397,775

7.44

5.82

0.00

20,000,000 to 25,000,000

25,640,107

2.06

176

5.74

0.00

25,000,000 to 50,000,000

196,740,000

15.84

100

5.62

0.00

50,000,000 to 75,000,000

0.00

75,000,000 &

Above

73,000,000

647,926

1,242,068,984

175

100.00%

Average Schedule Balance
Maximum Schedule Balance
Minimum Schedule Balance

7,097,537

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

115

4.73

0.00

4.501%

4.750%

58,026,942

4.67

4.94

0.00

4.751%

5.000%

125,077,627

10.07

5.11

0.00

5.001%

5.250%

205,458,073

16.54

5.44

0.00

5.251%

5.500%

293,087,670

23.60

120

5.63

0.00

5.501%

5.750%

301,308,461

24.26

113

5.88

0.00

5.751%

6.000%

161,039,039

12.97

123

6.09

0.00

6.001%

6.250%

65,814,762

5.30

119

6.37

0.00

6.251%

6.500%

10,817,907

0.87

127

6.64

0.00

6.501%

6.750%

1,938,503

0.16

115

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

1,242,068,984

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

179,273,705

14.43

5.49

0.00

90,099,306

7.25

5.55

0.00

129

866,470,663

69.76

115

5.69

0.00

120

0.00

121

Above

295

156

1,135,843,674

Minimum Remaining Term

Maximum Remaining Term

91.45%

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-Nov-04

18-Jan-05

15-Nov-04

15-Dec-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

1,242,068,984

100.00

109

5.67

0.00

Unknown

0.000
0.000

175

1,242,068,984

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

196,118,795

15.79

110

5.79

0.00

1.126 1.250

407,416,670

32.80

111

5.68

0.00

1.251 1.375

277,459,206

22.34

111

5.66

0.00

1.376 1.500

123,873,026

9.97

5.64

0.00

1.501 1.625

31,028,603

2.50

111

5.55

0.00

1.626 1.750

43,586,017

3.51

5.46

0.00

1.751 1.875

108,067,083

8.70

119

5.73

0.00

1.876 2.000

30,886,390

2.49

139

5.40

0.00

2.001 2.125

3,115,001

0.25

115

6.06

0.00

2.126 2.250

20,518,192

1.65

109

5.16

0.00

2.251 & Above

29.300

1.160

175

1,242,068,984 100.00

Minimum DSCR

Maximum DSCR

Geographic

Location

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

California

128,647,755

10.36

115

5.62

0.00

New York

124,533,903

10.03

127

5.54

0.00

Virginia

85,605,837

6.89

117

5.82

0.00

North Carolina

74,330,118

5.98

5.48

0.00

Texas

72,590,606

5.84

115

5.72

0.00

Michigan

65,090,217

5.24

118

5.83

0.00

Maryland

57,484,376

4.63

120

6.10

0.00

Arizona

54,545,949

4.39

5.58

0.00

Minnesota

54,471,946

4.39

119

5.18

0.00

Colorado

51,624,303

4.16

5.79

0.00

CMBS Certificate

50,740,000

4.09

5.48

0.00

Indiana

44,714,428

3.60

5.22

0.00

Ohio

37,317,163

3.00

122

5.89

0.00

Illinois

30,971,692

2.49

100

6.01

0.00

Wisconsin

30,824,615

2.48

5.59

0.00

Florida

26,677,354

2.15

5.70

0.00

Hawaii

25,640,107

2.06

176

5.74

0.00

Missouri

24,872,386

2.00

5.46

0.00

West Virginia

19,167,007

1.54

113

5.50

0.00

Washington

17,750,958

1.43

121

5.61

0.00

South Carolina

16,637,869

1.34

115

6.00

0.00

New Jersey

16,616,620

1.34

115

5.80

0.00

Georgia

14,262,039

1.15

115

5.94

0.00

Nevada

13,907,311

1.12

124

5.78

0.00

Idaho

12,911,335

1.04

176

6.03

0.00

Mississippi

12,556,213

1.01

105

6.00

0.00

Tennessee

10,580,530

0.85

116

5.95

0.00

Alabama

10,153,350

0.82

115

5.95

0.00

District of Columbia

9,946,564

0.80

115

5.25

0.00

Maine

9,619,652

0.77

116

5.75

0.00

Pennsylvania

6,124,200

0.49

113

6.22

0.00

Louisiana

5,100,000

0.41

5.77

0.00

Utah

4,930,618

0.40

177

5.94

0.00

Massachusetts

4,569,513

0.37

6.13

0.00

Connecticut

3,972,257

0.32

114

4.95

0.00

Arkansas

3,733,200

0.30

115

6.04

0.00

Oregon

3,536,421

0.28

116

5.82

0.00

Kentucky

3,247,339

0.26

115

5.88

0.00

Delaware

2,063,236

0.17

115

5.59

0.00

100.00

1,242,068,984

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-Nov-04

18-Jan-05

15-Nov-04

15-Dec-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

416,384,805

33.52

118

5.76

0.00

Multifamily

366,822,106

29.53

5.59

0.00

Office

205,141,695

16.52

122

5.65

0.00

Industrial

111,562,479

8.98

107

5.29

0.00

Mobile home park

86,287,849

6.95

107

5.79

0.00

Lodging

35,833,371

2.88

108

6.32

0.00

Self storage

20,036,680

1.61

104

5.85

0.00

1,242,068,984

175

100.00%

Amortization Type

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

AmortizingBalloon

144

769,598,984

61.96

114

5.76

0.00

IO Maturity Balloon

57,720,000

4.65

5.32

0.00

IO/Amortizing/Balloon

414,750,000

33.39

107

5.54

0.00

1,242,068,984

175

100.00%

Number of Months

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

175

1,242,068,984

100.00

109

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

1,242,068,984

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

179,273,705

14.43

5.49

0.00

2009

0.00

2010

90,099,306

7.25

5.55

0.00

2011

0.00

2012

0.00

2013

129

866,470,663

69.76

115

5.69

0.00

2014

106,225,310

8.55

180

5.87

0.00

2015 & Greater

100.00

1,242,068,984

175

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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:

Property Name

Page 27 of 32

JP Morgan Chase Comercial Mortgage Securities Corp.

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

15-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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-Dec-04
15-Dec-04

15-Nov-04

18-Jan-05

30-Nov-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