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) May 17, 2005

Structured Asset Securities Corporation II
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction
of incorporation)

333-119328-04
(Commission
File Number)

82-0569805
(IRS Employer
Identification No.)

745 Seventh Avenue, New York, New York
(Address of principal executive offices)

10019
(Zip Code)

Registrant's telephone number, including area code 212-526-7000

(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 LB-UBS Commercial Mortgage Trust 2005-C2, Commercial Mortgage Pass-Through Certificates, Series 2005-C2, which was made on May 17, 2005.

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 May 17, 2005.

(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 TRUSTEE UNDER THE POOLING AND SERVICING AGREEMENT ON BEHALF OF STRUCTURED ASSET SECURITIES CORPORATION II, REGISTRANT

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

Date: May 23, 2005

LB-UBS Commercial Mortgage Trust 2005-C2

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

Reporting Package Table of Contents

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Administrator:
Kathryn Hawkinson 312.904.6561
kathryn.hawkinson@abnamro.com

Analyst:
William Wong 714.259.6243
william.wong@abnamro.com

Statement Date:

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

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

Asset-Backed Facts ~ 15 Month Loan Status Summary

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

Delinquent Loan Detail
Loan Level Detail
Realized Loss Detail

Page 2-3
Page 4
Page 5
Page 6

Page 7

Page 8
Page 9-11

Page 12
Page 13-17

Page 18

Historical REO Report

Appraisal Reduction Detail
Appraisal Reduction Detail
Modified Loan Detail

Historical Collateral Prepayment
Specially Serviced (Part I) - Loan Detail
Specially Serviced (Part II) - Servicer Comments

Page 19

Page 20
Page 21
Page 22

Page 23
Page 24
Page 25

Page(s)

Information is available for this issue from the following sources

Issue Id:

Monthly Data File
Name:

LUBS05C2

LUBS05C2_200505_3.ZIP

Closing Date:

First Payment Date:

Rated Final Payment: Date:

20-Apr-05
17-May-05

17-Apr-40

Summary of Loan Maturity Extensions
Rating Information
Other Related Information

Page 26
Page 27-28

Page 29

Parties to The Transaction

Depositor: Structured Asset Securities Corporation

Underwriter: Lehman Brothers Inc./UBS Securities LLC

Master Servicer: Wells Fargo Bank, National Association

Special Servicer: Lennar Partners, Inc.

Rating Agency: Fitch Ratings/Moody's Investors Service, Inc.

800.246.5761

LaSalle Factor Line

LaSalle Web Site

Servicer Web Site

www.wellsfargo.com/cms

www.etrustee.net

Page 1 of 29

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:

5.449795%

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

LB-UBS Commercial Mortgage Trust 2005-C2

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

REMIC III

Statement Date:

ABN AMRO Acct: 722545.1

1000.000000000

12.207557286

0.000000000

987.792442714

3.825000000

Fixed

0.00

0.000000000

4.59000000%

0.000000000

52108H3C6

A-1

70,000,000.00

854,529.01

0.00

69,145,470.99

267,750.00

70,000,000.00

1000.000000000

0.000000000

1000.000000000

4.017500000

Fixed

0.00

0.000000000

4.82100000%

0.000000000

52108H3D4

A-2

551,000,000.00

0.00

551,000,000.00

2,213,642.50

551,000,000.00

1000.000000000

0.000000000

1000.000000000

4.093333333

Fixed

0.00

0.000000000

4.91200000%

0.000000000

52108H3E2

A-3

81,000,000.00

0.00

81,000,000.00

331,560.00

81,000,000.00

1000.000000000

0.000000000

1000.000000000

4.165000000

Fixed

0.00

0.000000000

4.99800000%

0.000000000

52108H3F9

A-4

304,700,000.00

0.00

304,700,000.00

1,269,075.50

304,700,000.00

1000.000000000

0.000000000

1000.000000000

4.172500000

Fixed

0.00

0.000000000

5.00700000%

0.000000000

52108H3G7

A-AB

76,000,000.00

0.00

76,000,000.00

317,110.00

76,000,000.00

1000.000000000

0.000000000

1000.000000000

4.291666674

5.150000000%

0.00

0.000000000

5.15000000%

0.000000000

52108H3H5

A-5

470,704,000.00

0.00

470,704,000.00

2,020,104.67

470,704,000.00

1000.000000000

0.000000000

1000.000000000

4.337500000

5.205000000%

0.00

0.000000000

5.20500000%

0.000000000

52108H3J1

A-J

121,684,000.00

0.00

121,684,000.00

527,804.35

121,684,000.00

1000.000000000

0.000000000

1000.000000000

4.250159243

5.268843219%

0.00

0.000000000

5.10019087%

0.000000000

52108H3K8

13,941,000.00

0.00

13,941,000.00

59,251.47

13,941,000.00

1000.000000000

0.000000000

1000.000000000

4.265992330

5.287843219%

0.00

0.000000000

5.11919087%

0.000000000

52108H3L6

29,204,000.00

0.00

29,204,000.00

124,584.04

29,204,000.00

1000.000000000

0.000000000

1000.000000000

4.299325612

5.327843219%

0.00

0.000000000

5.15919087%

0.000000000

52108H3M4

38,939,000.00

0.00

38,939,000.00

167,411.44

38,939,000.00

1000.000000000

0.000000000

1000.000000000

4.356825631

5.396843219%

0.00

0.000000000

5.22819087%

0.000000000

52108H3N2

41,372,000.00

0.00

41,372,000.00

180,250.59

41,372,000.00

1000.000000000

0.000000000

1000.000000000

4.435992604

5.491843219%

0.00

0.000000000

5.32319087%

0.000000000

52108H3Q5/U51394KY6/52108H4C5

17,036,000.00

0.00

17,036,000.00

75,571.57

17,036,000.00

1000.000000000

0.000000000

1000.000000000

4.519325546

5.591843219%

0.00

0.000000000

5.42319087%

0.000000000

52108H3R3/U51394KZ3/52108H4D3

17,036,000.00

0.00

17,036,000.00

76,991.23

17,036,000.00

1000.000000000

0.000000000

1000.000000000

4.519325506

5.591843219%

0.00

0.000000000

5.42319087%

0.000000000

52108H3S1/U51394LA7/52108H4E1

17,035,000.00

0.00

17,035,000.00

76,986.71

17,035,000.00

1000.000000000

0.000000000

1000.000000000

4.519325777

5.591843219%

0.00

0.000000000

5.42319087%

0.000000000

52108H3T9/U51394LB5/52108H4F8

29,204,000.00

0.00

29,204,000.00

131,982.39

29,204,000.00

Page 2 of 29

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:

5.449795%

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

LB-UBS Commercial Mortgage Trust 2005-C2

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

REMIC III

Statement Date:

ABN AMRO Acct: 722545.1

1000.000000000

0.000000000

1000.000000000

4.106666471

4.928000000%

0.00

0.000000000

4.92800000%

0.000000000

52108H3U6/U51394LC3/52108H4G6

17,036,000.00

0.00

17,036,000.00

69,961.17

17,036,000.00

1000.000000000

0.000000000

1000.000000000

4.106666210

4.928000000%

0.00

0.000000000

4.92800000%

0.000000000

52108H3V4/U51394LD1/52108H4H4

7,301,000.00

0.00

7,301,000.00

29,982.77

7,301,000.00

1000.000000000

0.000000000

1000.000000000

4.106668036

4.928000000%

0.00

0.000000000

4.92800000%

0.000000000

52108H3W2/U51394LE9/52108H4J0

2,434,000.00

0.00

2,434,000.00

9,995.63

2,434,000.00

1000.000000000

0.000000000

1000.000000000

4.106667352

4.928000000%

0.00

0.000000000

4.92800000%

0.000000000

52108H3X0/U51394LF6/52108H4K7

4,867,000.00

0.00

4,867,000.00

19,987.15

4,867,000.00

1000.000000000

0.000000000

1000.000000000

4.106667352

4.928000000%

0.00

0.000000000

4.92800000%

0.000000000

52108H3Y8/U51394LG4/52108H4L5

4,867,000.00

0.00

4,867,000.00

19,987.15

4,867,000.00

1000.000000000

0.000000000

1000.000000000

4.106665982

4.928000000%

0.00

0.000000000

4.92800000%

0.000000000

52108H3Z5/U51394LH2/52108H4M3

4,868,000.00

0.00

4,868,000.00

19,991.25

4,868,000.00

1000.000000000

0.000000000

1000.000000000

4.106666488

4.928000000%

0.00

0.000000000

4.92800000%

0.000000000

52108H4A9/U51394LJ8/52108H4N1

21,903,018.00

0.00

21,903,018.00

89,948.39

21,903,018.00

1000.000000000

0.000000000

999.560004448

0.084993174

0.111357260%

0.00

0.000000000

0.10199181%

0.000000000

52108H4B7/U51394LK5/52108H4P6

X-CL

1,942,131,018.00

0.00

1,941,276,488.99

165,067.88

1,942,131,018.00

1000.000000000

0.000000000

1000.000000000

0.289716939

0.502796091%

0.00

0.000000000

0.34766033%

0.000000000

52108H3P7

X-CP

1,767,673,000.00

0.00

1,767,673,000.00

512,124.81

1,767,673,000.00

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSV056

R-III

0.00

Total P&I Payment

0.00

1,942,131,018.00

9,631,651.67

Total

1,941,276,488.99

854,529.01

0.00

8,777,122.66

Page 3 of 29

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

Statement Date:

Cash Reconciliation Summary

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

8,188,439.68

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

140.84

Total

8,817,560.92

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

8,778,822.03

)

(1,699.36

0.00
0.00
0.00

)

(1,699.36

826,244.74

0.00

826,244.74

28,284.27

0.00
0.00
0.00
0.00

28,284.27

854,529.01

9,633,351.04

9,631,651.68

1,942,131,018.59

106

826,244.74

28,284.27

0.00
0.00

0.00

1,941,276,489.58

106

0.00

629,262.08

0.00

629,262.08

38,738.89

0.00
0.00

2,620.83

41,359.72

0.00
0.00
0.00
0.00
0.00
0.00

0.00

)

(38,738.89

8,777,122.67

Interest Not Advanced (

Current Period

)

0.00

629,262.08

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

0.00

0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

Page 4 of 29

LB-UBS Commercial Mortgage Trust 2005-C2

Class

Accrued

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

Bond Interest Reconciliation

Deductions

Allocable

Deferred &

Prior

Prepay-

Other

Additions

Interest

Credit Support

Original

Current(4)

Accrual

Int. Short-

falls Due

ment

Interest

Int erest (2)

Payment

Amount

PPIS

Int erest

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)

3.00
1.00

0.00

A-1

267,750.00

0.00

20.02%

30/360

4.590000000%

0.00

A-2

2,213,642.50

0.00

20.02%

30/360

4.821000000%

0.00

A-3

331,560.00

0.00

20.02%

30/360

4.912000000%

0.00

A-4

1,269,075.50

0.00

20.02%

30/360

4.998000000%

0.00

A-AB

317,110.00

0.00

20.02%

30/360

5.007000000%

0.00

A-5

2,020,104.67

0.00

20.02%

30/360

5.150000000%

0.00

A-J

527,804.35

0.00

13.75%

13.76%

30/360

5.205000000%

0.00

59,251.47

0.00

13.03%

13.04%

30/360

5.100190868%

0.00

124,584.04

0.00

11.53%

30/360

5.119190868%

0.00

167,411.44

0.00

9.52%

9.53%

30/360

5.159190868%

0.00

180,250.59

0.00

7.39%

7.40%

30/360

5.228190868%

0.00

75,571.57

0.00

6.52%

30/360

5.323190868%

0.00

76,991.23

0.00

5.64%

30/360

5.423190868%

0.00

76,986.71

0.00

4.76%

30/360

5.423190868%

0.00

131,982.39

0.00

3.26%

30/360

5.423190868%

0.00

69,961.17

0.00

2.38%

30/360

4.928000000%

0.00

29,982.77

0.00

2.00%

2.01%

30/360

4.928000000%

0.00

9,995.63

0.00

1.88%

30/360

4.928000000%

0.00

19,987.15

0.00

1.63%

30/360

4.928000000%

0.00

19,987.15

0.00

1.38%

30/360

4.928000000%

0.00

19,991.25

0.00

1.13%

30/360

4.928000000%

0.00

89,948.39

0.00

0.00%

30/360

4.928000000%

0.00

X-CL

165,067.88

0.00

30/360

0.101991809%

0.00

X-CP

512,124.81

0.00

30/360

0.347660327%

0.00

8,777,122.66

0.00

(2) Accrued - Deductions + Additions Interest

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

Page 5 of 29

(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).

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

Interest Adjustments Summary

Statement Date:

0.00

Special Servicing Fees

Workout Fees

Liquidation Fees

Legal Fees

0.00

Misc. Fees & Expenses Paid by/to Servicer

Interest Paid to Servicer on Outstanding Advances

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

140.84

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

)

(140.84

)

(140.84

Aggregate Interest Adjustment Allocated to the Bonds

0.00

Prepayment Interest Excess Due the Bonds

0.00

ARD Excess Interest

0.00

140.84

0.00

Net Prepayment Int. Shortfalls Allocated to the Bonds

Other Interest Loss

Interest Income

0.00

Page 6 of 29

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

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: 722545.1

0.00%

17-May-05

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

Page 7 of 29

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

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: 722545.1

Series 2005-C2

17-May-05

106

100.00%

1,941,276,490

99.96%

0.00%

236

5.45%

5.42%

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

Page 8 of 29

LB-UBS Commercial Mortgage Trust 2005-C2

Mortgage Loan Characteristics

ABN AMRO Acct: 722545.1

Series 2005-C2

Commercial Mortgage Pass-Through Certificates

29-Apr-05

17-Jun-05

N/A

17-May-05

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 9 of 29

Current Scheduled

Balance

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

1,711,753

0.09

117

5.58

0.00

0 to

1,000,000

17,202,148

0.89

114

5.66

0.00

1,000,000 to

2,000,000

26,189,604

1.35

113

5.69

0.00

2,000,000 to

3,000,000

59,818,443

3.08

119

5.66

0.00

3,000,000 to

4,000,000

35,835,604

1.85

117

5.58

0.00

4,000,000 to

5,000,000

56,209,841

2.90

118

5.56

0.00

5,000,000 to

6,000,000

26,268,913

1.35

117

5.60

0.00

6,000,000 to

7,000,000

37,825,541

1.95

5.36

0.00

7,000,000 to

8,000,000

24,845,000

1.28

5.51

0.00

8,000,000 to

9,000,000

19,300,000

0.99

100

5.72

0.00

9,000,000 to 10,000,000

182,496,859

9.40

106

5.68

0.00

10,000,000 to 15,000,000

65,362,786

3.37

103

5.71

0.00

15,000,000 to 20,000,000

0.00

20,000,000 to 25,000,000

0.00

25,000,000 to 30,000,000

134,137,901

6.91

108

5.69

0.00

30,000,000 to 35,000,000

0.00

35,000,000 to 40,000,000

0.00

40,000,000 to 45,000,000

0.00

45,000,000 to 50,000,000

449,966,819

23.18

5.55

0.00

50,000,000 to 100,000,000

804,105,277

41.42

5.23

0.00

100,000,000 &

Above

224,760,277

816,069

1,941,276,490

106

100.00

Average Schedule Balance
Maximum Schedule Balance
Minimum Schedule Balance

18,313,929

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%

145,000,000

7.47

4.70

0.00

4.501%

4.750%

157,250,000

8.10

4.82

0.00

4.751%

5.000%

39,235,855

2.02

101

5.17

0.00

5.001%

5.250%

647,669,288

33.36

5.36

0.00

5.251%

5.500%

602,051,070

31.01

116

5.59

0.00

5.501%

5.750%

171,562,142

8.84

5.93

0.00

5.751%

6.000%

177,160,813

9.13

6.08

0.00

6.001%

6.250%

0.00

6.251%

6.500%

1,347,322

0.07

151

6.73

0.00

6.501%

6.750%

0.00

6.751%

7.000%

0.00

7.001%

7.250%

0.00

7.251%

7.500%

0.00

7.501%

Above

106

1,941,276,490

Minimum Mortgage Interest Rate
Maximum Mortgage Interest Rate

100.00

4.704%
6.730%

Fully Amortizing

Mortgage Loans

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

0.00

969,238,516

49.93

5.30

0.00

100

952,098,651

49.04

118

5.59

0.00

101

150

19,939,322

1.03

174

6.12

0.00

151

200

0.00

201

Above

178

106

1,941,276,490

Minimum Remaining Term
Maximum Remaining Term

100.00

Balloon

Mortgage Loans

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

0.00

100

0.00

101

150

0.00

151

200

0.00

201

250

0.00

251

300

0.00

301

350

0.00

351

& Above

0.00

LB-UBS Commercial Mortgage Trust 2005-C2

Mortgage Loan Characteristics

ABN AMRO Acct: 722545.1

Series 2005-C2

Commercial Mortgage Pass-Through Certificates

29-Apr-05

17-Jun-05

N/A

17-May-05

Record Date:

Next Payment:

Prior Payment:

Payment Date:

Statement Date:

Geographic Distribution

Distribution of DSCR (PFY)

Distribution of DSCR (Cutoff)

Page 10 of 29

Debt Service

Coverage Ratio

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

Less than zero

0.00

0.000 1.100

0.00

1.101 1.150

0.00

1.151 1.200

0.00

1.201 1.250

0.00

1.251 1.300

0.00

1.301 1.350

0.00

1.351 1.400

0.00

1.401 1.450

0.00

1.451 1.500

0.00

1.501 1.550

0.00

1.551 1.600

0.00

1.601 1.650

0.00

1.651 1.700

0.00

1.701 & Above

106

1,941,276,490

100.00

5.45

0.00

Unknown

0.000
0.000

106

1,941,276,490

100.00

Minimum DSCR

Maximum DSCR

Debt Service

Coverage Ratio

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

Less than zero

0.00

0.000 1.100

0.00

1.101 1.150

64,824,917

3.34

107

5.80

0.00

1.151 1.200

437,946,133

22.56

5.57

0.00

1.201 1.250

115,826,144

5.97

105

5.64

0.00

1.251 1.300

194,219,345

10.00

117

5.67

0.00

1.301 1.350

259,326,504

13.36

118

5.63

0.00

1.351 1.400

141,501,708

7.29

5.34

0.00

1.401 1.450

108,571,942

5.59

5.38

0.00

1.451 1.500

119,791,474

6.17

119

5.51

0.00

1.501 1.550

1,094,740

0.06

117

5.60

0.00

1.551 1.600

0.00

1.601 1.650

10,271,661

0.53

118

5.80

0.00

1.651 1.700

487,901,922

25.13

5.09

0.00

1.701 & Above

2.640

1.200

106

1,941,276,490 100.00

Minimum DSCR

Maximum DSCR

Geographic

Location

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

New York

538,859,050

27.76

5.51

0.00

Multiple States

334,689,819

17.24

5.11

0.00

Massachusetts

178,937,901

9.22

4.95

0.00

Washington

148,500,000

7.65

111

5.57

0.00

Texas

142,991,916

7.37

5.70

0.00

California

135,975,292

7.00

5.90

0.00

New Jersey

119,986,707

6.18

117

5.52

0.00

Florida

69,330,419

3.57

114

5.50

0.00

South Carolina

48,001,765

2.47

117

5.43

0.00

Maryland

41,800,000

2.15

132

5.61

0.00

Pennsylvania

28,753,039

1.48

5.49

0.00

Michigan

25,106,982

1.29

5.74

0.00

Louisiana

21,678,431

1.12

118

5.50

0.00

Hawaii

16,000,000

0.82

118

6.24

0.00

North Carolina

11,272,384

0.58

118

5.49

0.00

Nevada

10,000,000

0.52

116

5.45

0.00

Kentucky

9,856,187

0.51

118

5.79

0.00

Missouri

8,757,541

0.45

117

5.56

0.00

Georgia

8,728,281

0.45

118

5.46

0.00

Virginia

8,669,015

0.45

117

5.32

0.00

Wisconsin

8,300,000

0.43

118

5.44

0.00

Minnesota

6,727,692

0.35

116

5.96

0.00

Ohio

6,439,506

0.33

155

6.06

0.00

Tennessee

4,849,207

0.25

118

5.63

0.00

Colorado

3,650,000

0.19

173

6.06

0.00

Alabama

2,068,032

0.11

116

6.07

0.00

West Virginia

1,347,322

0.07

151

6.73

0.00

100.00

1,941,276,490

106

LB-UBS Commercial Mortgage Trust 2005-C2

Mortgage Loan Characteristics

ABN AMRO Acct: 722545.1

Series 2005-C2

Commercial Mortgage Pass-Through Certificates

29-Apr-05

17-Jun-05

N/A

17-May-05

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 11 of 29

Property Types

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

Office

981,873,218

50.58

5.40

0.00

Retail

470,790,732

24.25

5.37

0.00

Multifamily

209,654,981

10.80

5.77

0.00

Lodging

100,669,825

5.19

5.48

0.00

Self storage

100,179,251

5.16

5.36

0.00

Mixed use

35,000,000

1.80

5.76

0.00

Industrial

19,680,000

1.01

107

6.05

0.00

Other

14,593,223

0.75

118

5.30

0.00

Mobile home park

8,835,260

0.46

118

6.02

0.00

1,941,276,490

106

100.00

Amortization Type

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

AmortizingBalloon

651,211,589

33.55

110

5.61

0.00

IO Maturity Balloon

796,887,901

41.05

5.31

0.00

IO/Amortizing/Balloon

493,177,000

25.40

5.45

0.00

1,941,276,490

106

100.00

Number of Months

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

1,047,600,058

53.96

0.00

5.52

576,263,259

29.68

0.00

5.32

227,413,172

11.71

105

0.00

5.51

90,000,000

4.64

0.00

5.33

0.00

106

1,941,276,490

100.00

Year

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

2005

0.00

2006

0.00

2007

0.00

2008

0.00

2009

550,459,994

28.36

5.20

0.00

2010

90,000,000

4.64

5.33

0.00

2011

328,778,523

16.94

5.46

0.00

2012

0.00

2013

16,252,085

0.84

115

5.92

0.00

2014

935,846,566

48.21

118

5.58

0.00

2015

19,939,322

1.03

174

6.12

0.00

2016 & Greater

100.00

1,941,276,490

106

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

Delinquent Loan Detail

Disclosure

Control #

Paid
Thru
Date

Current P&I

Advance

Outst anding

P& I

Advances**

Out. Property

Protection
Advances

Loan Status

Code (1)

Special

Servicer

Transfer Date

Foreclosure

Date

Bankruptcy

Date

REO

Date

Statement Date:

5-Apr-05

629,262.08

0.00

629,262.08

Total

Page 12 of 29

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

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note
Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

5.64%

11-Apr-15

Office

0.00

224,760,277

1,297,785

5.32%

11-Apr-12

Office

0.00

163,595,000

725,271

4.82%

5-Apr-10

Retail

0.00

157,250,000

631,883

4.70%

11-Feb-10

Office

0.00

145,000,000

568,400

5.51%

11-Apr-15

Office

0.00

113,500,000

520,918

5.56%

11-Feb-15

Office

0.00

100,000,000

463,125

5.33%

11-Jan-11

Self storage

0.00

90,000,000

399,375

5.40%

11-Jan-12

Lodging

0.00

87,439,819

535,285

5.27%

11-Apr-10

Office

0.00

63,500,000

278,871

6.07%

11-Apr-10

Retail

0.00

57,400,000

290,468

5.98%

11-Mar-10

Multifamily

0.00

51,627,000

257,275

5.76%

11-Apr-12

Mixed use

0.00

35,000,000

168,000

5.52%

11-Feb-15

Office

0.00

34,400,000

158,240

6.01%

11-Mar-15

Multifamily

0.00

33,937,901

203,956

28,284

5.45%

11-Jan-15

Retail

0.00

30,800,000

139,883

5.49%

11-Mar-15

Retail

0.00

18,023,066

102,429

6.24%

11-Mar-15

Industrial

0.00

16,000,000

83,200

5.57%

11-Mar-10

Office

0.00

15,693,393

89,977

5.56%

11-Feb-15

Office

0.00

15,646,327

89,735

5.68%

11-Mar-15

Office

0.00

14,970,563

86,870

6.22%

11-Apr-15

Office

0.00

14,935,733

91,758

6.09%

11-Mar-12

Office

0.00

14,474,017

87,776

5.98%

11-Mar-10

Multifamily

0.00

13,886,000

69,199

Page 13 of 29

* 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

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note
Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

5.28%

11-Mar-15

Other

0.00

13,500,000

59,344

5.34%

11-Jan-15

Retail

0.00

13,413,255

81,617

5.99%

11-Dec-14

Lodging

0.00

13,230,006

85,772

5.49%

11-Mar-15

Retail

0.00

13,000,000

59,475

5.29%

11-Jan-15

Multifamily

0.00

12,340,000

54,399

5.26%

11-Feb-10

Office

0.00

12,300,000

53,915

5.13%

11-Feb-15

Retail

0.00

12,080,000

51,642

5.55%

11-Jan-15

Retail

0.00

11,925,286

74,049

5.98%

11-Mar-10

Multifamily

0.00

11,442,000

57,019

6.07%

11-Jan-20

Retail

0.00

11,000,000

55,642

5.45%

11-Jan-15

Office

0.00

10,000,000

45,417

6.01%

11-Mar-12

Retail

0.00

9,300,000

46,578

5.14%

11-Mar-15

Retail

0.00

8,500,000

36,408

5.44%

11-Mar-15

Retail

0.00

8,300,000

37,627

5.98%

11-Mar-10

Multifamily

0.00

8,045,000

40,091

5.25%

11-Mar-15

Office

0.00

7,775,855

46,741

5.65%

11-Mar-12

Multifamily

0.00

7,734,691

44,736

5.37%

11-Jan-12

Office

0.00

7,714,996

43,374

5.38%

11-Mar-15

Office

0.00

7,400,000

33,177

5.16%

11-Feb-10

Multifamily

0.00

7,200,000

30,960

5.96%

11-Jan-15

Retail

0.00

6,727,692

40,326

5.49%

11-Feb-15

Retail

0.00

6,567,950

40,490

5.49%

11-Mar-15

Retail

0.00

6,486,707

36,866

Page 14 of 29

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

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note
Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

5.44%

11-Mar-15

Multifamily

0.00

6,486,563

36,662

5.60%

11-Mar-15

Retail

0.00

5,988,018

34,445

5.42%

11-Feb-15

Multifamily

0.00

5,950,000

26,874

6.00%

11-Mar-15

Multifamily

0.00

5,932,133

35,631

5.65%

11-Mar-15

Retail

0.00

5,828,082

36,419

5.42%

11-Feb-15

Multifamily

0.00

5,700,000

25,745

5.85%

11-Apr-15

Office

0.00

5,614,243

33,155

5.50%

11-Jan-15

Retail

0.00

5,475,753

31,228

5.32%

11-Feb-15

Retail

0.00

5,380,768

30,054

5.41%

11-Mar-15

Retail

0.00

5,239,077

29,513

5.32%

11-Feb-15

Retail

0.00

5,101,765

28,495

5.51%

11-Mar-15

Retail

0.00

4,890,022

27,852

5.50%

11-Jan-15

Retail

0.00

4,579,721

26,118

5.29%

11-Jan-15

Multifamily

0.00

4,500,000

19,838

6.00%

11-Apr-15

Mobile home park

0.00

4,443,579

28,671

5.61%

11-Mar-15

Multifamily

0.00

4,391,232

25,287

5.60%

11-Feb-15

Retail

0.00

4,385,060

25,259

5.52%

11-Jan-15

Retail

0.00

4,372,481

27,072

5.62%

11-Jan-15

Retail

0.00

4,273,508

26,715

5.28%

11-Mar-15

Retail

0.00

3,991,444

22,163

6.10%

11-Mar-20

Retail

0.00

3,942,000

20,034

5.63%

11-Apr-15

Retail

0.00

3,755,984

21,657

5.45%

11-Feb-15

Multifamily

0.00

3,687,111

20,892

Page 15 of 29

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

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note
Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

5.62%

11-Jan-15

Multifamily

0.00

3,677,205

22,987

5.93%

11-Apr-15

Retail

0.00

3,666,297

21,839

6.06%

11-Oct-19

Retail

0.00

3,650,000

18,433

5.29%

11-Jan-15

Multifamily

0.00

3,520,000

15,517

6.01%

11-Feb-12

Office

0.00

3,520,000

17,629

6.02%

11-Apr-15

Retail

0.00

3,496,529

21,029

5.54%

11-Mar-15

Retail

0.00

3,443,020

19,675

6.04%

11-Feb-10

Multifamily

0.00

3,436,601

21,614

5.49%

11-Mar-15

Retail

0.00

3,432,965

19,510

5.32%

11-Feb-15

Retail

0.00

3,288,247

18,366

5.42%

11-Feb-15

Multifamily

0.00

3,200,000

14,453

5.32%

11-Feb-15

Retail

0.00

3,088,959

17,253

5.60%

11-Nov-14

Multifamily

0.00

3,022,079

18,912

5.85%

11-Apr-15

Office

0.00

2,996,927

17,698

5.68%

11-Apr-15

Self storage

0.00

2,996,826

17,374

5.89%

11-Feb-15

Self storage

0.00

2,551,728

15,168

5.99%

11-Apr-15

Office

0.00

2,497,506

14,973

6.00%

11-Mar-15

Mobile home park

0.00

2,323,649

15,012

5.44%

11-Feb-15

Multifamily

0.00

2,272,044

12,860

5.50%

11-Jan-15

Multifamily

0.00

2,190,301

12,491

5.43%

11-Feb-15

Multifamily

0.00

2,112,590

11,944

5.30%

11-Apr-15

Retail

0.00

2,100,000

9,275

5.25%

11-Feb-10

Industrial

0.00

2,080,000

9,100

Page 16 of 29

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

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note
Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

6.07%

11-Jan-15

Mobile home park

0.00

2,068,032

13,491

5.50%

11-Jan-15

Multifamily

0.00

1,991,183

11,356

5.53%

11-Mar-15

Retail

0.00

1,896,148

10,824

5.60%

11-Apr-15

Self storage

0.00

1,846,430

12,203

5.58%

1-Feb-15

Retail

0.00

1,691,848

10,521

5.62%

11-Jan-15

Self storage

0.00

1,689,527

10,562

5.25%

11-Feb-10

Industrial

0.00

1,600,000

7,000

5.85%

11-Apr-15

Office

0.00

1,578,381

9,321

100

5.54%

11-Feb-15

Multifamily

0.00

1,373,345

8,507

101

6.73%

11-Dec-17

Retail

0.00

1,347,322

10,249

102

5.60%

11-Feb-15

Self storage

0.00

1,094,740

6,821

103

5.62%

11-Jan-15

Other

0.00

1,093,223

6,834

104

5.58%

1-Feb-15

Retail

0.00

895,684

5,570

105

5.58%

1-Feb-15

Retail

0.00

816,069

5,074

106

1,941,276,490

9,646,567

28,284

Page 17 of 29

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

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

Realized Loss Detail

Period

Disclosure

Control #

Appraisal

Date

Appraisal

Value

Beginning

Scheduled

Balance

Gross

Proceeds

Gross Proceeds

as a % of

Sched. Balance

Aggregate

Liquidation

Expenses *

Net

Liquidation

Proceeds

Net Proceeds

as a % of

Sched. Balance

Realized

Loss

Statement Date:

Current Total

Cumulative

Page 18 of 29

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

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

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: 722545.1

Page 19 of 29

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

ASER Detail

Period

Disclosure

Control #

Appraisal

Date

Appraisal

Value

Beginning
Scheduled

Balance

ASER

Prin

Balance

ASER Prin

ADV Reduction

Amount

Current

Appraisal

Reduction Date

Current Appraisal

Reduction

Amount

Cumulative

ASER

Amount

Statement Date:

ASER Int

ADV Reduction

Amount

Page 20 of 29

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

Appraisal Reduction Detail

Disclosure

Control#

Appraisal

Red. Date

Scheduled

Balance

ASER

Note

Rate

Maturity

Date

Property

Type

Geographic

Location

Appraisal

Value Date

DSCR

Statement Date:

Remaining Term

Life

ARA

Amount

Current P&I

Advance

Page 21 of 29

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

Modified Loan Detail

Disclosure

Control #

Modification

Date

Cutoff

Maturity

Date

Modification

Description

Modified

Maturity

Date

Statement Date:

Page 22 of 29

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

Historical Collateral Level Prepayment Report

Disclosure

Control #

Payoff

Period

Initial

Balance

Type

Payoff

Amount

Penalty

Amount

Prepayment

Date

Maturity

Date

Property

Type

Geographic

Location

Statement Date:

Cumulative

Current

Page 23 of 29

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

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

Disclosure

Control #

Servicing

Xfer Date

Balance

Note

Rate

Maturity

Date

Remaining

Property

Type

Geo.

Location

NOI

DSCR

NOI
Date

Schedule

Actual

Life

Statement Date:

Loan

Status

Code(1)

Page 24 of 29

(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

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

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

Disclosure

Control #

Resolution

Strategy

Comments

Statement Date:

Page 25 of 29

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

Maturity Extension Summary

Statement Date:

Loans which have had their Maturity Dates extended

Stated Principal Balance outstanding:
Weighted Average Extension Period:

Loans in the process of having their Maturity Dates extended

Stated Principal Balance outstanding:
Weighted Average Extension Period:

Loans in the process of having their Maturity Dates further extended

Cutoff Principal Balance:
Weighted Average Extension Period:

Loans paid-off that did experience Maturity Date extensions

Cutoff Principal Balance:
Weighted Average Extension Period:

0.00

Number of Loans:

0.00

Number of Loans:

0.00

Loans paid-off that did not experience Maturity Date extensions

Number of Loans:
Cutoff Principal Balance:

0.00

Page 26 of 29

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

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

52108H3C6

AAA

Aaa

A-2

52108H3D4

AAA

Aaa

A-3

52108H3E2

AAA

Aaa

A-4

52108H3F9

AAA

Aaa

A-AB

52108H3G7

AAA

Aaa

A-5

52108H3H5

AAA

Aaa

A-J

52108H3J1

AAA

Aaa

52108H3K8

AA+

Aa1

52108H3L6

Aa2

52108H3M4

AA-

Aa3

52108H3N2

52108H3Q5

A-

52108H3R3

BBB+

Baa1

52108H3S1

BBB

Baa2

52108H3T9

BBB-

Baa3

52108H3U6

BB+

Ba1

52108H3V4

Ba2

52108H3W2

BB-

Ba3

52108H3X0

52108H3Y8

52108H3Z5

52108H4A9

Page 27 of 29

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.

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

Rating Information

Class

CUSIP

Fitch

Moody's

S&P

Fitch

Moody's

S&P

Original Ratings

Rating Change/Change Date(1)

Statement Date:

X-CP

52108H3P7

AAA

Aaa

X-CL

52108H4B7

AAA

Aaa

Page 28 of 29

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

(1)

LB-UBS Commercial Mortgage Trust 2005-C2

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

17-May-05
17-May-05

N/A

17-Jun-05

29-Apr-05

Commercial Mortgage Pass-Through Certificates

Series 2005-C2

ABN AMRO Acct: 722545.1

Legend

Statement Date:

Until this statement/report is filed with the Commission with respect to the Trust pursuant to Section 15(d) of the Securities Exchange Act of 1934, as amended,

the recipient hereof shall be deemed to keep the information contained herein confidential and such information will not, without the prior consent of the Master
Servicer or the Trustee, be disclosed by such recipient or by its officers, directors, partners, employees, agents or representatives in any manner whatsoever, in

whole or in part.

Page 29 of 29

LB-UBS Commercial Mortgage Trust 2005-C2 8-K