-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Sd9+0N9pbQUjKqJksw7oHoKx2ZtN3eBOdW652VND1OlLzytM64JFwQazHwUj9H9J QB9xk229ZFt4jOQknhOdYg== 0001056404-02-001317.txt : 20021025 0001056404-02-001317.hdr.sgml : 20021025 20021025090240 ACCESSION NUMBER: 0001056404-02-001317 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021015 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20021025 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEAR STEARNS COMMERCIAL MORTGAGE SEC INC SERIES 2001-TOP2 CENTRAL INDEX KEY: 0001143312 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-87381-01 FILM NUMBER: 02797983 BUSINESS ADDRESS: STREET 1: 11000 BROKEN LAND PARKWAY CITY: COLUMBIA STATE: MD ZIP: 21044 BUSINESS PHONE: 4108842220 MAIL ADDRESS: STREET 1: 1100 BROKEN LAND PARKWAY CITY: COLUMBIA STATE: MD ZIP: 21044 8-K 1 bsc01tp2.txt OCTOBER 8K 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 : October 15, 2002 (Date of earliest event reported) Commission File No.: 333-87381-01 Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Through Certificates Series 2001-TOP2 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) Pending (I.R.S. Employer Identification No.) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 21045 (Address of principal executive offices) (Zip Code) (410) 884-2000 Registrant's Full Telephone Number (Former name, former address and former fiscal year, if changed since last report) ITEM 5. Other Events On October 15, 2002 distribution was made to holders of Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Through Certificates, Series 2001-TOP2. ITEM 7. Financial Statements and Exhibits (c) Exhibits Item 601(a) of Regulation S-K Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2001-TOP2, relating to the October 15, 2002 distribution. 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. Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Through Certificates Series 2001-TOP2 By: Wells Fargo Bank Minnesota, N.A., as Paying Agent By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: October 15, 2002 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2001-TOP2, relating to the October 15, 2002 distribution. Wells Fargo Bank Minnesota, N.A. Corporate Trust Services Bear Stearns Commercial Mortgage Securities Inc., 9062 Old Annapolis Road Commercial Mortgage Pass-Through Certificates Columbia, MD 21045-1951 Series 2001-TOP2 For Additional Information, please contact CTSlink Customer Service 301-815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date:10/15/2002 Record Date: 09/30/2002 DISTRIBUTION DATE STATEMENT Table of Contents Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Ratings Detail 6 Current Mortgage Loan and Property Stratification Tables 7 - 9 Mortgage Loan Detail 10 - 14 Principal Prepayment Detail 15 Historical Detail 16 Delinquency Loan Detail 17 Specially Serviced Loan Detail 18 - 20 Modified Loan Detail 21 Liquidated Loan Detail 22 Underwriter Bear, Stearns & Co., Inc. 245 Park Avenue New York, NY 10019 Contact: General Information Number Phone Number: (212) 272-2000 Master Servicer Wells Fargo Bank, National Association 45 Fremont Street, 2nd Floor San Francisco, CA 94105 Contact: Jeannette Delagarza Phone Number: (415) 222-4279 Special Servicer GMAC Commercial Mortgage Corporation 200 Witmer Road Horsham, PA 10944-8015 Contact: Darri Cunningham Phone Number: (215) 328-1784 This report has been compiled from information provided to Wells Fargo Bank MN, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank MN, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank MN, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Copyright 1997, Wells Fargo Bank Minnesota, N.A.
Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Rate Balance Balance Distribution A-1 07383FFN3 6.080000% 325,867,000.00 311,417,332.28 1,048,254.57 A-2 07383FFP8 6.480000% 529,723,000.00 529,723,000.00 0.00 B 07383FFQ6 6.630000% 26,422,000.00 26,422,000.00 0.00 C 07383FFR4 6.830000% 30,198,000.00 30,198,000.00 0.00 D 07383FFU7 6.940000% 10,065,000.00 10,065,000.00 0.00 E 07383FFV5 7.351606% 23,906,000.00 23,906,000.00 0.00 F 07383FFW3 7.691606% 8,808,000.00 8,808,000.00 0.00 G 07383FFX1 6.080000% 16,357,000.00 16,357,000.00 0.00 H 07383FFY9 6.080000% 6,291,000.00 6,291,000.00 0.00 J 07383FFZ6 6.080000% 7,549,000.00 7,549,000.00 0.00 K 07383FGA0 6.080000% 3,775,000.00 3,775,000.00 0.00 L 07383FGB8 6.080000% 5,033,000.00 5,033,000.00 0.00 M 07383FGC6 6.080000% 2,517,000.00 2,517,000.00 0.00 N 07383FGD4 6.080000% 10,065,558.00 10,065,558.00 0.00 R-I N/A 0.000000% 0.00 0.00 0.00 R-II N/A 0.000000% 0.00 0.00 0.00 R-III N/A 0.000000% 0.00 0.00 0.00 Totals 1,006,576,558.00 992,126,890.28 1,048,254.57
Class CUSIP Interest Prepayment Realized Loss/ Total Ending Balance Current Distribution Penalties Additional Trust Distribution Subordination Fund Expenses Level(1) A-1 07383FFN3 1,577,847.82 0.00 0.00 2,626,102.39 310,369,077.71 15.23% A-2 07383FFP8 2,860,504.20 0.00 0.00 2,860,504.20 529,723,000.00 15.23% B 07383FFQ6 145,981.55 0.00 0.00 145,981.55 26,422,000.00 12.57% C 07383FFR4 171,876.95 0.00 0.00 171,876.95 30,198,000.00 9.52% D 07383FFU7 58,209.25 0.00 0.00 58,209.25 10,065,000.00 8.51% E 07383FFV5 146,456.25 0.00 0.00 146,456.25 23,906,000.00 6.09% F 07383FFW3 56,456.39 0.00 0.00 56,456.39 8,808,000.00 5.21% G 07383FFX1 82,875.47 0.00 0.00 82,875.47 16,357,000.00 3.55% H 07383FFY9 31,874.40 0.00 0.00 31,874.40 6,291,000.00 2.92% J 07383FFZ6 38,248.27 0.00 0.00 38,248.27 7,549,000.00 2.16% K 07383FGA0 19,126.67 0.00 0.00 19,126.67 3,775,000.00 1.78% L 07383FGB8 25,500.53 0.00 0.00 25,500.53 5,033,000.00 1.27% M 07383FGC6 12,752.80 0.00 0.00 12,752.80 2,517,000.00 1.02% N 07383FGD4 47,109.35 0.00 0.00 47,109.35 10,065,558.00 0.00% R-I N/A 0.00 0.00 0.00 0.00 0.00 0.00% R-II N/A 0.00 0.00 0.00 0.00 0.00 0.00% R-III N/A 0.00 0.00 0.00 0.00 0.00 0.00% Totals 5,274,819.90 0.00 0.00 6,323,074.47 991,078,635.71
Original Beginning Pass-Through Notional Notional Class CUSIP Rate Amount Amount X-1 07383FFS2 0.674724% 1,006,576,558.00 992,126,890.41 X-2 07383FFT0 1.136866% 551,685,000.00 551,685,000.00
Ending Interest Prepayment Total Notional Class CUSIP Distribution Penalties Distribution Amount X-1 07383FFS2 557,843.57 0.00 557,843.57 991,078,635.84 X-2 07383FFT0 522,659.71 0.00 522,659.71 551,685,000.00 (1) Calculated by taking (A) the sum of the ending certificate balance of all classes less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate balance of all classes which are not subordinate to the designated class and dividing the result by (A).
Certificate Factor Detail Beginning Principal Interest Prepayment Realized Loss/ Class CUSIP Balance Distribution Distribution Penalties Additional Trust Ending Fund Expenses Balance A-1 07383FFN3 955.65777535 3.21681720 4.84199940 0.00000000 0.00000000 952.44095815 A-2 07383FFP8 1,000.00000000 0.00000000 5.40000000 0.00000000 0.00000000 1,000.00000000 B 07383FFQ6 1,000.00000000 0.00000000 5.52500000 0.00000000 0.00000000 1,000.00000000 C 07383FFR4 1,000.00000000 0.00000000 5.69166667 0.00000000 0.00000000 1,000.00000000 D 07383FFU7 1,000.00000000 0.00000000 5.78333333 0.00000000 0.00000000 1,000.00000000 E 07383FFV5 1,000.00000000 0.00000000 6.12633858 0.00000000 0.00000000 1,000.00000000 F 07383FFW3 1,000.00000000 0.00000000 6.40967189 0.00000000 0.00000000 1,000.00000000 G 07383FFX1 1,000.00000000 0.00000000 5.06666687 0.00000000 0.00000000 1,000.00000000 H 07383FFY9 1,000.00000000 0.00000000 5.06666667 0.00000000 0.00000000 1,000.00000000 J 07383FFZ6 1,000.00000000 0.00000000 5.06666711 0.00000000 0.00000000 1,000.00000000 K 07383FGA0 1,000.00000000 0.00000000 5.06666755 0.00000000 0.00000000 1,000.00000000 L 07383FGB8 1,000.00000000 0.00000000 5.06666600 0.00000000 0.00000000 1,000.00000000 M 07383FGC6 1,000.00000000 0.00000000 5.06666667 0.00000000 0.00000000 1,000.00000000 N 07383FGD4 1,000.00000000 0.00000000 4.68025220 0.00000000 0.00000000 1,000.00000000 R-I N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
Beginnning Ending Notional Interest Prepayment Notional Class CUSIP Amount Distribution Penalties Amount X-1 07383FFS2 985.64474061 0.55419885 0.00000000 984.60333490 X-2 07383FFT0 1,000.00000000 0.94738793 0.00000000 1,000.00000000
Reconciliation Detail Advance Summary P & I Advances Outstanding 1,018,229.46 Servicing Advances Outstanding 52,441.28 Reimbursement for Interest on Advances 0.00 paid from general collections
Servicing Fee Summary Current Period Accrued Servicing Fees 53,655.13 Less Delinquent Servicing Fees 10,990.44 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 9,795.05 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 52,459.74
Certificate Interest Reconciliation Class Accrued Net Aggregate Realized Previously Distributable Distributable Certificate Prepayment Losses/ Unpaid Interest Certificate Certificate Remaining Interest Interest Expenses (including Interest Interest Interest Unpaid Shortfall Losses interest thereon) Adjustment Distribution Interest A-1 1,577,847.82 0.00 0.00 0.00 1,577,847.82 0.00 1,577,847.82 0.00 A-2 2,860,504.20 0.00 0.00 0.00 2,860,504.20 0.00 2,860,504.20 0.00 X-1 557,843.57 0.00 0.00 0.00 557,843.57 0.00 557,843.57 0.00 X-2 522,659.71 0.00 0.00 0.00 522,659.71 0.00 522,659.71 0.00 B 145,981.55 0.00 0.00 0.00 145,981.55 0.00 145,981.55 0.00 C 171,876.95 0.00 0.00 0.00 171,876.95 0.00 171,876.95 0.00 D 58,209.25 0.00 0.00 0.00 58,209.25 0.00 58,209.25 0.00 E 146,456.25 0.00 0.00 0.00 146,456.25 0.00 146,456.25 0.00 F 56,456.39 0.00 0.00 0.00 56,456.39 0.00 56,456.39 0.00 G 82,875.47 0.00 0.00 0.00 82,875.47 0.00 82,875.47 0.00 H 31,874.40 0.00 0.00 0.00 31,874.40 0.00 31,874.40 0.00 J 38,248.27 0.00 0.00 0.00 38,248.27 0.00 38,248.27 0.00 K 19,126.67 0.00 0.00 0.00 19,126.67 0.00 19,126.67 0.00 L 25,500.53 0.00 0.00 0.00 25,500.53 0.00 25,500.53 0.00 M 12,752.80 0.00 0.00 0.00 12,752.80 0.00 12,752.80 0 N 50,998.83 0.00 0.00 13,571.46 50,998.83 3,889.48 47,109.35 17,529.70 Total 6,359,212.66 0.00 0.00 13,571.46 6,359,212.66 3,889.48 6,355,323.18 17,529.70
Other Required Information Available Distribution Amount (1) 7,403,577.75 Principal Distribution Amount 1,048,254.57 (a) Principal portion of Scheduled Payments 1,039,588.71 and any Assumed Scheduled Payments (b) Principal Prepayments 0.00 (c) Principal Portion of Balloon Payments 0.00 (d) Liquidation, Condemnation, Purchase, 8,665.86 and Insurance Proceeds and REO Income Received on a Mortgage Loan Aggregate Number of Outstanding Mortgage Loans 140.00 Aggregate Unpaid Principal Balance of the Mortgage Loans 991,173,480.57 Aggregate Scheduled Principal Balance of the Mortgage Loans 991,079,410.70 Interest Reserve Account Deposits 0.00 Withdrawals 0.00 Total Servicing and Special Servicing Fee Paid 56,349.22 Servicing Fee paid 52,459.74 Special Servicing Fee paid 3,889.48 Trustee Fee Paid 826.77 Paying Agent Fee Paid 1,240.16 (1) The Available Distribution Amount includes any Prepayment Premiums . (1) The Available Distribution Amount includes any Prepayment Premiums. Expense Losses (Additional Trust Fund Expenses) 3,889.48 (i) Special Servicing and Liquidation Fees 3,889.48 (ii) Advance Interest 0.00 (iii) Indemnification Expenses 0.00 (iv) Taxes Imposed on the Trust 0.00 (v) Amount of any Advance not Recovered 0.00 upon a Final Recovery Determination
Appraisal Reduction Amount Appraisal Cumulative Date Appraisal Loan Reduction ASER Reduction Number Amount Amount Effected None Total
Ratings Detail Original Ratings Current Ratings (1) Class CUSIP Fitch Moodys S & P Fitch Moodys S & P A-1 07383FFN3 AAA X AAA AAA X AAA A-2 07383FFP8 AAA X AAA AAA X AAA X-1 07383FFS2 AAA X AAA AAA X AAA X-2 07383FFT0 AAA X AAA AAA X AAA B 07383FFQ6 AA X AA AA X AA C 07383FFR4 A X A A X A D 07383FFU7 A- X A- A- X A- E 07383FFV5 BBB X BBB BBB X BBB F 07383FFW3 BBB- X BBB- BBB- X BBB- G 07383FFX1 BB+ X BB+ BB+ X BB+ H 07383FFY9 BB X BB BB X BB J 07383FFZ6 BB- X BB- BB- X BB- K 07383FGA0 B+ X NR B+ X NR L 07383FGB8 B X NR B X NR M 07383FGC6 B- X NR B- X NR N 07383FGD4 NR X NR NR X NR NR - Designates that the class was not rated by the above agency at the time of original issuance. X - Designates that the above rating agency did not rate any classes in this transaction at the time of original issuance. N/A - Data not available this period. 1) For any class not rated at the time of original issuance by any particular rating agency, no request has been made subsequent to issuance to obtain rating information, if any, from such rating agency. The current ratings were obtained directly from the applicable rating agency within 30 days of the payment date listed above. The ratings may have changed since they were obtained. Because the ratings may have changed, you may want to obtain current ratings directly from the rating agencies. Fitch, Inc. One State Street Plaza New York, New York 10004 (212) 908-0500 Moody's Investors Service 99 Church Street New York, New York 10007 (212) 553-0300 Standard & Poor's Rating Services 55 Water Street New York, New York 10041 (212) 438-2430
Current Mortgage Loan and Property Stratification Tables Scheduled Balance % of Scheduled # of Scheduled Agg. WAM Weighted Balance Loans Balance Bal. (2) WAC Avg DSCR(1) Below 1,000,000 4 3,371,935.78 0.34 99 7.8369 2.138730 1,000,001 to 2,000,000 13 21,140,499.62 2.13 115 7.6810 1.956128 2,000,001 to 3,000,000 19 48,073,157.69 4.85 100 7.5682 2.167963 3,000,001 to 4,000,000 18 63,015,497.40 6.36 106 7.7552 1.935804 4,000,001 to 5,000,000 14 65,413,216.73 6.60 100 7.8822 1.650723 5,000,001 to 6,000,000 15 80,177,253.10 8.09 100 7.6541 1.565805 6,000,001 to 7,000,000 12 78,666,508.46 7.94 122 7.6313 1.456601 7,000,001 to 8,000,000 6 43,809,964.45 4.42 115 7.6247 1.295294 8,000,001 to 9,000,000 7 59,353,675.46 5.99 104 7.6703 1.986526 9,000,001 to 10,000,000 8 77,162,491.92 7.79 103 7.7067 1.681854 10,000,001 to 15,000,000 11 129,296,601.54 13.05 80 7.8167 1.496690 15,000,001 to 20,000,000 8 135,919,801.47 13.71 90 7.9333 1.686107 20,000,001 to 25,000,000 1 23,695,183.74 2.39 102 7.3800 1.940000 25,000,001 and greater 4 161,983,623.34 16.34 79 7.8468 1.324455 Totals 140 991,079,410.70 100.00 96 7.7590 1.625006
State (3) # of Scheduled % of Weighted State Props. Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Arizona 6 28,918,591.03 2.92 90 7.9631 1.673752 California 42 249,756,100.96 25.20 104 7.7246 1.831830 Colorado 5 31,596,466.58 3.19 100 7.7384 1.005516 Florida 5 45,791,232.34 4.62 89 7.9690 1.497331 Georgia 2 6,868,422.61 0.69 97 8.1125 1.826142 Idaho 1 733,302.58 0.07 99 7.8700 2.080000 Illinois 6 76,408,055.76 7.71 64 8.2444 0.867746 Indiana 2 6,584,622.42 0.66 98 8.0533 1.397178 Iowa 1 2,854,309.49 0.29 100 7.0500 1.740000 Kansas 2 2,947,750.27 0.30 99 7.6309 1.947250 Kentucky 2 4,724,133.67 0.48 101 7.2687 2.229358 Louisiana 2 10,589,919.64 1.07 99 8.0216 1.409154 Maryland 4 14,641,013.22 1.48 89 7.5523 2.004538 Massachusetts 7 62,902,695.37 6.35 108 7.5751 1.518310 Michigan 16 64,045,360.69 6.46 99 7.8416 1.448363 Minnesota 2 9,031,945.03 0.91 99 7.4866 1.091911 Missouri 1 3,756,628.96 0.38 64 7.8200 2.320000 Nevada 2 3,409,028.16 0.34 118 8.1584 1.381227 New Hampshire 1 4,936,798.41 0.50 102 7.4000 1.680000 New Jersey 5 80,257,523.41 8.10 92 7.4008 1.843501 New York 5 75,696,275.80 7.64 73 7.8678 1.811461 North Carolina 4 22,588,581.99 2.28 99 7.6250 1.572178 Ohio 2 10,821,124.83 1.09 99 7.2098 1.751071 Oregon 1 2,152,141.46 0.22 99 8.0000 1.850000 Pennsylvania 4 17,376,766.94 1.75 100 7.4708 1.484965 Tennessee 2 10,887,498.92 1.10 100 7.8554 1.515072 Texas 8 43,113,055.88 4.35 118 7.7717 1.762343 Utah 2 33,037,691.90 3.33 102 7.1547 1.453736 Virginia 6 57,899,201.50 5.84 101 7.9906 1.704833 Washington,DC 1 6,753,170.88 0.68 170 8.5000 3.080000 Totals 149 991,079,410.70 100.00 96 7.7590 1.625006
Debt Service Coverage Ratio (1) % of Debt Service # of Scheduled Agg. WAM Weighted Coverage Ratio Loans Balance Bal. (2) WAC Avg DSCR(1) 1.00 or less 10 116,088,600.17 11.71 72 8.2925 0.525161 1.01 to 1.10 2 9,698,332.43 0.98 101 7.6272 1.054426 1.11 to 1.20 1 5,132,334.14 0.52 162 7.6250 1.200000 1.21 to 1.30 2 29,433,210.07 2.97 58 8.8426 1.276238 1.31 to 1.40 11 95,370,060.74 9.62 112 7.7183 1.359080 1.41 to 1.50 19 128,233,484.42 12.94 102 7.5248 1.458118 1.51 to 1.60 13 112,282,124.40 11.33 98 7.9786 1.551535 1.61 to 1.70 12 85,651,482.95 8.64 80 7.6250 1.669169 1.71 to 1.80 15 75,341,095.71 7.60 105 7.6950 1.739907 1.81 and greater 55 333,848,685.67 33.69 102 7.5604 2.188830 Totals 140 991,079,410.70 100.00 96 7.7590 1.625006
Property Type(3) Property # of Scheduled % of Weighted Type Props Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Industrial 39 241,935,382.50 24.41 100 7.7069 1.804663 Lodging 5 96,136,052.20 9.70 61 8.4547 0.865256 Mobile Home Park 8 28,323,779.45 2.86 98 7.8732 1.556253 Multi-Family 17 107,474,443.69 10.84 100 7.5508 1.492056 Office 32 290,637,077.52 29.33 94 7.6499 1.785804 Retail 43 214,911,437.96 21.68 108 7.7227 1.602857 Self Storage 5 11,661,237.38 1.18 97 8.1338 1.953983 Totals 149 991,079,410.70 100.00 96 7.7590 1.625006
Note Rate Note # of Scheduled % of Weighted Rate Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 6.500% or less 0 0.00 0.00 0 0.0000 0.000000 6.501% to 7.000% 6 72,795,914.11 7.35 101 6.9390 1.853129 7.001% to 7.500% 45 312,554,016.55 31.54 99 7.3218 1.762327 7.501% to 8.000% 62 355,590,330.34 35.88 106 7.7861 1.678448 8.001% to 8.500% 20 133,664,389.04 13.49 99 8.2180 1.626084 8.501% to 9.000% 5 86,319,148.06 8.71 51 8.6418 0.925169 9.001% to 9.500% 1 19,441,708.06 1.96 39 9.2500 1.300000 9.501% to 10.000% 1 10,713,904.54 1.08 88 9.6400 0.510000 10.001% or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 140 991,079,410.70 100.00 96 7.7590 1.625006
Seasoning # of Scheduled % of Weighted Seasoning Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 12 months or less 0 0.00 0.00 0 0.0000 0.000000 13 to 24 months 122 852,940,344.99 86.06 97 7.6889 1.643371 25 to 36 months 8 58,870,148.09 5.94 91 8.4126 1.436008 37 to 48 months 1 6,433,844.76 0.65 133 7.0100 1.740000 49 months and greater 9 72,835,072.86 7.35 88 8.1174 1.552542 Totals 140 991,079,410.70 100.00 96 7.7590 1.625006
Anticipated Remaining Term (ARD and Balloon Loans) Anticipated # of Scheduled % of Weighted Remaining Term(2) Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 60 months or less 7 120,911,368.19 12.20 39 8.3975 1.166799 61 to 120 months 114 776,328,964.83 78.33 98 7.6776 1.668356 121 to 180 months 13 59,868,906.01 6.04 144 7.5294 2.232857 181 months and greater 2 13,471,455.92 1.36 203 7.6027 0.560580 Totals 136 970,580,694.95 97.93 95 7.7571 1.625318
Remaining Stated Term (Fully Amortizing Loans) Remaining # of Scheduled % of Weighted Stated Term Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 60 months or less 0 0.00 0.00 0 0.0000 0.000000 61 to 120 months 1 4,659,435.93 0.47 111 8.2500 1.520000 121 to 180 months 2 11,994,088.76 1.21 161 7.8395 1.308698 181 months and greater 1 3,845,191.06 0.39 220 7.3900 2.660000 Totals 4 20,498,715.75 2.07 161 7.8485 1.610208
Remaining Amortization Term (ARD and Balloon Loans) Remaining # of Scheduled % of Weighted Amortization Term Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Interest Only 6 92,650,000.00 9.35 63 8.0677 1.327426 60 months or less 0 0.00 0.00 0 0.0000 0.000000 61 to 120 months 1 1,764,874.90 0.18 100 7.5600 1.960000 121 to 180 months 7 11,415,766.68 1.15 142 7.5723 1.703539 181 to 240 months 12 86,191,504.92 8.70 94 8.1539 1.555921 241 to 300 months 37 209,315,233.59 21.12 101 7.7764 1.698366 301 months and greater 73 569,243,314.86 57.44 97 7.6437 1.654845 Totals 136 970,580,694.95 97.93 95 7.7571 1.625318
Age of Most Recent NOI Age of Most # of Scheduled % of Weighted Recent NOI Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 1 year or less 140 991,079,410.70 100.00 96 7.7590 1.625006 1 to 2 years 0 0.00 0.00 0 0.0000 0.000000 2 years and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 140 991,079,410.70 100.00 96 7.7590 1.625006 (1) Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is used. The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. (2) Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the maturity date. (3) Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut-off Date balance of each property as disclosed in the offering document.
Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type(1) City State Payment Payment Coupon 600871353 1 LO Chicago IL 393,932.92 0.00 8.595% 700200410 2 OF Jersey City NJ 238,290.13 38,321.93 6.900% 600871342 3 IN Holland MI 61,217.22 7,216.66 7.910% 600871343 4 IN Kentwood MI 56,298.83 6,636.85 7.910% 600871344 5 IN Kentwood MI 35,424.36 4,176.05 7.910% 600871346 6 IN Zeeland Township MI 30,546.15 3,600.97 7.910% 600871347 7 IN Byron Township MI 30,457.10 3,590.47 7.910% 600871348 8 IN Kentwood MI 29,841.79 3,517.94 7.910% 600871349 9 IN Kentwood MI 28,488.73 3,358.43 7.910% 310900208 10 OF Fairfax VA 272,964.94 29,084.03 8.299% 600871300 13 RT Provo UT 154,579.91 23,329.91 7.090% 850200415 14 OF New York NY 145,848.35 19,995.48 7.380% 700200446 15 OF Valhalla NY 150,125.23 33,996.87 9.250% 600871301 16 MF Mansfield NJ 111,309.52 14,919.06 7.530% 700200447 17 OF Framingham MA 112,543.44 14,213.22 7.630% 600871302 18 RT San Jose CA 115,002.55 13,758.87 7.880% 310900277 19 MH Mountain View CA 107,773.69 13,164.55 7.800% 600871341 20 OF New York NY 101,402.66 13,268.52 7.500% 600871303 21 MF St. Petersburg FL 104,997.19 13,268.27 8.030% 600871304 22 IN Austin TX 96,345.31 19,613.53 7.640% 310900347 23 OF Sunnyvale CA 88,359.38 0.00 7.250% 850200400 24 IN Somerville MA 87,604.17 0.00 7.250% 600871305 25 OF New York NY 81,013.83 24,070.59 7.270% 310900306 26 LO Mountain View CA 76,451.12 15,922.78 7.500% 600871306 27 IN Carlstadt NJ 83,315.64 21,414.41 8.810% 850200378 28 RT North Attleboro MA 66,901.91 9,259.87 7.400% 700200353 29 LO Milpitas CA 86,225.97 19,619.19 9.640% 600871307 30 IN Phoenix AZ 68,939.43 8,670.02 7.710% 310900282 31 IN San Jose CA 67,370.48 13,072.03 7.750% 600871308 32 MF Arvada CO 68,013.70 8,009.29 7.860% 600871309 33 IN Longmont CO 68,892.12 7,702.88 8.090% 310900297 34 IN Sunnyvale CA 64,780.75 12,463.79 7.780% 310900115 35 MH Various MI 67,078.33 7,752.86 8.050% 850200408 41 LO Miami FL 60,007.78 16,076.08 7.390% 310900249 42 IN Los Angeles CA 65,127.47 11,921.71 7.980% 600871310 43 OF Pleasanton CA 58,249.77 12,936.66 7.220% 310900254 44 IN Fremont CA 61,665.87 7,508.17 7.810% 850200374 45 OF Chantilly VA 57,961.56 7,764.60 7.500% 310900308 46 OF Asheville NC 52,500.00 0.00 7.000% 310900353 48 IN Milpitas CA 53,084.34 17,807.86 7.500% 600871311 49 RT Knoxville TN 56,674.04 10,454.63 7.930% 850200358 50 LO Tampa FL 61,142.66 9,315.98 8.645% 310900231 51 IN Cleveland OH 47,649.38 18,251.03 7.000% 600871312 52 IN Torrance CA 52,431.67 0.00 7.720% 850200422 53 OF El Segundo CA 47,952.64 8,992.78 7.810% 310900075 54 IN Boca Raton FL 49,314.52 5,665.54 7.990% 310900327 55 Various York PA 46,152.45 6,113.83 7.500% 600871314 57 RT Houston TX 45,306.57 11,645.85 7.510% 600871315 58 MF Holly Springs NC 45,646.49 5,741.15 7.430% 700200377 59 OF Southborough MA 45,904.09 23,858.51 8.000% 310900265 60 MF Sonora CA 44,294.06 9,282.80 7.500% 310900264 61 MF Salt Lake City UT 42,573.94 5,892.65 7.400% 600871313 62 OF Washington DC 47,917.62 11,669.18 8.500% 850200414 63 OF San Francisco CA 41,177.11 5,893.05 7.250% 310900272 64 RT Rancho Cordova CA 43,827.98 5,388.34 7.780% 600871316 65 RT Freehold NJ 43,029.30 8,377.71 7.760% 600871317 66 MF Boothwyn PA 39,323.61 6,038.55 7.100% 600871318 67 MF Waukegan IL 37,625.24 6,995.03 7.010% 850200427 68 RT Thornton CO 36,760.62 13,633.81 7.000% 310900298 69 RT Sacramento CA 40,199.33 13,002.03 7.710% 600871320 70 OF Durham NC 45,451.49 4,155.64 8.760% 310900330 71 IN Glen Burnie MD 37,184.35 5,278.92 7.290% 600871323 72 MF Blackman MI 34,521.52 13,168.04 6.950% 600871319 73 IN Alexandria VA 34,648.83 10,280.96 7.100% 310900259 74 IN La Mirada CA 33,730.75 5,128.58 7.130% 700200127 75 RT Rancho Cucamonga CA 38,232.57 4,364.25 8.250% 600871324 76 RT Phoenix AZ 38,104.09 9,088.66 8.625% 600871321 77 RT Northfield IL 32,726.73 18,101.63 7.625% 700200341 78 RT Slidell LA 36,422.99 3,974.80 8.150% 310900318 79 RT Bossier City LA 34,420.55 4,063.32 7.890% 310900322 80 OF Costa Mesa CA 32,189.97 4,470.01 7.390% 310900250 81 MF Flagstaff AZ 33,537.54 6,529.69 7.760% 850200368 82 RT Huntington Beach CA 33,990.66 10,173.38 8.000% 700200356 83 OF Valencia CA 31,655.74 6,074.63 7.390% 310900299 84 IN Fridley MN 31,037.46 4,506.27 7.270% 600871322 85 RT Framingham/Natick MA 32,225.59 27,923.11 8.250% 310900315 86 IN Fremont CA 31,447.23 4,212.71 7.500% 310900293 87 OF Sacramento CA 31,158.58 6,529.97 7.500% 850200406 88 OF Salem NH 30,469.18 4,149.81 7.400% 850200417 89 RT Newton MA 30,667.38 6,282.18 7.500% 600871325 90 IN Plymouth MI 32,400.02 6,189.67 7.960% 700200448 91 RT Houston TX 34,811.58 3,520.76 8.468% 310900146 92 RT Costa Mesa CA 31,350.70 6,123.19 7.895% 600871345 93 IN Elk Grove Village IL 30,387.99 3,834.10 7.700% 600871326 94 OF Deerfield Beach FL 28,956.74 5,637.52 7.700% 600871327 95 SS Dallas TX 28,483.03 2,897.26 8.450% 600871328 96 OF Littleton CO 24,899.06 3,234.04 7.560% 310900324 97 RT Mankato MN 25,370.63 4,895.06 7.770% 600871329 98 RT Riverside CA 23,732.16 8,475.22 7.390% 600871350 99 IN Kansas City MO 24,499.65 2,908.06 7.820% 600871330 100 RT Duluth GA 24,517.40 4,450.56 8.010% 850200437 101 RT Columbia MD 25,206.58 2,681.38 8.285% 600871331 102 IN Franklin Park IL 21,578.46 3,208.97 7.150% 310900244 103 RT Plano TX 23,101.99 2,867.95 7.750% 850200436 104 RT Chandler AZ 23,802.14 2,556.20 8.200% 850200430 105 RT Randolph MA 21,786.67 2,829.80 7.560% 700200405 106 RT Lewisville TX 21,536.48 2,680.72 7.690% 600871332 107 RT Stroudsburg PA 22,797.20 2,483.42 8.140% 310900262 108 OF Reston VA 20,293.72 2,946.41 7.270% 310900224 109 MF Greenwood IN 22,258.17 2,595.08 7.960% 850200438 110 RT Indianapolis IN 21,965.09 2,409.04 8.150% 600871333 111 MF Atlanta GA 21,962.18 2,408.30 8.230% 600871334 112 MF Wayne NJ 19,568.98 2,652.70 7.430% 310900290 113 MF Beaumont TX 18,748.52 2,740.03 7.250% 850200399 114 RT New York NY 18,525.00 0.00 7.410% 850200407 115 RT Silver Spring MD 17,900.00 0.00 7.160% 850200423 116 OF Sacramento CA 17,326.30 2,663.01 7.015% 850200413 117 IN Lexington KY 17,512.22 2,638.63 7.095% 600871351 118 RT West Hollywood CA 18,487.09 2,489.35 7.500% 850200386 119 MF Sioux City IA 16,784.38 2,606.87 7.050% 700200361 120 RT Woodland Hills CA 18,763.55 2,148.74 8.000% 600871335 121 RT Mentor OH 17,501.03 4,405.96 7.850% 310900311 122 IN Rancho Cordova CA 15,932.41 1,977.90 7.750% 310900279 123 RT Phoenix AZ 15,798.59 3,084.63 7.750% 310900251 124 SS La Habra CA 16,118.79 3,027.80 7.910% 600871336 125 IN Morgan Hill CA 15,725.99 4,890.36 7.810% 310900268 126 SS Las Vegas NV 16,056.59 3,676.77 8.250% 600871337 127 RT Memphis TN 14,680.98 2,359.62 7.580% 310900332 128 OF San Diego CA 13,855.56 2,844.99 7.550% 310900253 129 RT Grants Pass OR 14,365.04 2,614.92 8.000% 310900238 130 IN San Francisco CA 13,807.65 7,229.40 8.010% 310900295 131 IN Ventura CA 12,699.89 7,323.58 7.500% 310900307 132 IN Paramount CA 11,722.25 2,837.40 7.000% 600871338 133 IN Shawnee KS 12,762.78 1,579.29 7.760% 310900291 134 SS Mt. Clemens MI 12,638.87 2,467.70 7.750% 310900321 135 MH Erlanger KY 11,198.12 12,604.91 7.560% 600871352 136 RT Salisbury MD 11,914.00 1,514.28 7.610% 310900292 137 OF Castro Valley CA 10,846.04 6,541.22 7.290% 310900300 138 OF Austin TX 11,221.44 6,349.29 7.590% 600871339 139 RT Gilbert AZ 11,929.22 1,385.73 7.940% 310900258 140 IN Grass Valley CA 10,841.86 2,019.56 7.940% 310900309 141 IN Elk Grove Village IL 8,933.06 5,591.70 7.160% 310900243 142 MF Concord CA 9,759.03 1,928.22 7.730% 310900252 143 OF Pasadena CA 8,810.70 1,535.17 8.180% 310900257 144 RT Sacramento CA 7,617.70 4,433.46 7.500% 310900270 145 RT Las Vegas NV 7,170.59 3,792.87 7.960% 310900284 146 MF Shawnee KS 6,000.46 1,305.10 7.370% 310900304 147 SS San Gabriel CA 5,832.95 1,100.39 7.850% 310900278 148 OF Littleton CO 5,404.03 1,477.92 8.380% 310900280 149 RT Rexburg ID 4,815.20 908.98 7.870% Totals 6,414,934.66 1,048,254.57
Loan Anticipated Neg Beginning Ending Paid Number Repayment Maturity Amort Scheduled Scheduled Thru Date Date (Y/N) Balance Balance Date 600871353 N/A 01/01/2006 N 55,000,000.00 55,000,000.00 09/01/2002 700200410 04/01/2011 04/01/2031 N 41,441,761.65 41,403,439.72 09/10/2002 600871342 01/01/2011 01/01/2031 N 9,287,062.23 9,279,845.57 10/01/2002 600871343 01/01/2011 01/01/2031 N 8,540,909.60 8,534,272.75 10/01/2002 600871344 01/01/2011 01/01/2031 N 5,374,113.25 5,369,937.20 10/01/2002 600871346 01/01/2011 01/01/2031 N 4,634,056.23 4,630,455.26 10/01/2002 600871347 01/01/2011 01/01/2031 N 4,620,546.25 4,616,955.78 10/01/2002 600871348 01/01/2011 01/01/2031 N 4,527,199.84 4,523,681.90 10/01/2002 600871349 01/01/2011 01/01/2031 N 4,321,931.53 4,318,573.10 10/01/2002 310900208 N/A 11/01/2010 N 39,469,565.73 39,440,481.70 10/01/2002 600871300 N/A 04/01/2011 N 26,163,031.83 26,139,701.92 10/01/2002 850200415 N/A 04/01/2011 N 23,715,179.22 23,695,183.74 10/01/2002 700200446 N/A 01/01/2006 N 19,475,704.93 19,441,708.06 10/01/2002 600871301 N/A 12/01/2010 N 17,738,569.16 17,723,650.10 10/01/2002 700200447 N/A 04/01/2011 N 17,700,148.09 17,685,934.87 10/01/2002 600871302 N/A 12/01/2010 N 17,513,078.80 17,499,319.93 10/01/2002 310900277 N/A 01/01/2011 N 16,580,567.09 16,567,402.54 10/01/2002 600871341 05/01/2011 05/01/2031 N 16,224,426.32 16,211,157.80 09/01/2002 600871303 N/A 01/01/2010 N 15,690,738.02 15,677,469.75 10/01/2002 600871304 N/A 01/02/2011 N 15,132,771.95 15,113,158.42 10/02/2002 310900347 N/A 02/01/2006 N 14,625,000.00 14,625,000.00 10/01/2002 850200400 N/A 03/01/2011 N 14,500,000.00 14,500,000.00 10/01/2002 600871305 N/A 01/01/2005 N 13,372,296.79 13,348,226.20 10/01/2002 310900306 N/A 02/01/2011 N 12,232,178.63 12,216,255.85 10/01/2002 600871306 N/A 10/01/2006 N 11,348,327.64 11,326,913.23 10/01/2002 850200378 N/A 02/01/2011 N 10,848,958.48 10,839,698.61 10/01/2002 700200353 02/01/2010 02/01/2025 N 10,733,523.73 10,713,904.54 10/01/2002 600871307 N/A 01/01/2011 N 10,729,871.96 10,721,201.94 10/01/2002 310900282 N/A 02/01/2011 N 10,431,558.41 10,418,486.38 10/01/2002 600871308 N/A 03/01/2011 N 10,383,770.43 10,375,761.14 10/01/2002 600871309 N/A 12/01/2010 N 10,218,856.53 10,211,153.65 10/01/2002 310900297 N/A 02/01/2016 N 9,991,889.52 9,979,425.73 10/01/2002 310900115 N/A 09/01/2010 N 9,999,254.87 9,991,502.01 10/01/2002 850200408 09/01/2008 09/01/2023 N 9,744,159.20 9,728,083.12 09/01/2002 310900249 N/A 01/01/2011 N 9,793,604.52 9,781,682.81 10/01/2002 600871310 N/A 04/01/2013 N 9,681,402.08 9,668,465.42 10/01/2002 310900254 N/A 07/01/2008 N 9,474,909.92 9,467,401.75 10/01/2002 850200374 N/A 02/01/2011 N 9,273,850.11 9,266,085.51 10/01/2002 310900308 N/A 02/01/2011 N 9,000,000.00 9,000,000.00 10/01/2002 310900353 N/A 02/01/2014 N 8,493,495.18 8,475,687.32 10/01/2002 600871311 N/A 02/05/2011 N 8,576,147.00 8,565,692.37 10/05/2002 850200358 N/A 01/01/2011 N 8,487,124.67 8,477,808.69 10/01/2002 310900231 N/A 01/01/2011 N 8,168,465.36 8,150,214.33 10/01/2002 600871312 N/A 12/01/2010 N 8,150,000.00 8,150,000.00 10/01/2002 850200422 N/A 04/01/2011 N 7,367,883.61 7,358,890.83 09/01/2002 310900075 N/A 01/01/2011 N 7,406,435.66 7,400,770.12 10/01/2002 310900327 N/A 03/01/2011 N 7,384,392.23 7,378,278.40 10/01/2002 600871314 N/A 08/01/2018 N 7,239,398.31 7,227,752.46 10/01/2002 600871315 N/A 03/01/2011 N 7,372,246.69 7,366,505.54 09/01/2002 700200377 N/A 02/01/2016 N 6,885,613.13 6,861,754.62 10/01/2002 310900265 N/A 01/01/2011 N 7,087,049.90 7,077,767.10 10/01/2002 310900264 N/A 02/01/2011 N 6,903,882.63 6,897,989.98 10/01/2002 600871313 N/A 12/01/2016 N 6,764,840.06 6,753,170.88 09/01/2002 850200414 N/A 04/01/2011 N 6,815,521.23 6,809,628.18 10/01/2002 310900272 N/A 01/01/2011 N 6,760,099.40 6,754,711.06 10/01/2002 600871316 N/A 01/01/2010 N 6,654,014.95 6,645,637.24 10/01/2002 600871317 N/A 01/01/2011 N 6,646,243.41 6,640,204.86 10/01/2002 600871318 N/A 11/01/2013 N 6,440,839.79 6,433,844.76 10/01/2002 850200427 N/A 05/01/2011 N 6,301,819.85 6,288,186.04 10/01/2002 310900298 N/A 01/01/2021 N 6,256,705.49 6,243,703.46 10/01/2002 600871320 N/A 10/01/2010 N 6,226,232.09 6,222,076.45 10/01/2002 310900330 N/A 03/01/2011 N 6,120,879.85 6,115,600.93 10/01/2002 600871323 N/A 03/01/2011 N 5,960,550.72 5,947,382.68 10/01/2002 600871319 N/A 07/01/2013 N 5,856,141.07 5,845,860.11 10/01/2002 310900259 N/A 01/01/2011 N 5,676,983.78 5,671,855.20 10/01/2002 700200127 N/A 01/01/2010 N 5,561,100.65 5,556,736.40 10/01/2002 600871324 N/A 11/01/2006 N 5,301,438.35 5,292,349.69 10/01/2002 600871321 N/A 04/01/2016 N 5,150,435.77 5,132,334.14 10/01/2002 700200341 N/A 01/01/2011 N 5,362,893.50 5,358,918.70 10/01/2002 310900318 N/A 02/01/2011 N 5,235,064.26 5,231,000.94 10/01/2002 310900322 N/A 02/01/2011 N 5,227,059.34 5,222,589.33 10/01/2002 310900250 N/A 01/01/2011 N 5,186,217.50 5,179,687.81 10/01/2002 850200368 N/A 01/01/2011 N 5,098,598.88 5,088,425.50 10/01/2002 700200356 N/A 02/01/2009 N 5,140,310.02 5,134,235.39 10/01/2002 310900299 N/A 01/01/2011 N 5,123,102.06 5,118,595.79 10/01/2002 600871322 N/A 01/01/2012 N 4,687,359.04 4,659,435.93 10/01/2002 310900315 N/A 02/01/2011 N 5,031,556.93 5,027,344.22 10/01/2002 310900293 N/A 01/01/2011 N 4,985,373.03 4,978,843.06 10/01/2002 850200406 04/01/2011 04/01/2031 N 4,940,948.22 4,936,798.41 10/01/2002 850200417 N/A 04/01/2011 N 4,906,781.19 4,900,499.01 10/01/2002 600871325 N/A 07/01/2011 N 4,884,424.86 4,878,235.19 10/01/2002 700200448 N/A 09/01/2010 N 4,933,148.12 4,929,627.36 10/01/2002 310900146 N/A 07/01/2010 N 4,765,146.99 4,759,023.80 10/01/2002 600871345 N/A 01/01/2011 N 4,735,791.08 4,731,956.98 10/01/2002 600871326 N/A 03/01/2011 N 4,512,738.18 4,507,100.66 10/01/2002 600871327 N/A 09/01/2010 N 4,044,927.55 4,042,030.29 10/01/2002 600871328 N/A 03/01/2011 N 3,952,231.16 3,948,997.12 10/01/2002 310900324 N/A 02/01/2011 N 3,918,244.30 3,913,349.24 10/01/2002 600871329 N/A 02/01/2021 N 3,853,666.28 3,845,191.06 10/01/2002 600871350 N/A 02/01/2008 N 3,759,537.02 3,756,628.96 10/01/2002 600871330 N/A 01/01/2011 N 3,673,019.23 3,668,568.67 10/01/2002 850200437 N/A 10/01/2010 N 3,650,922.66 3,648,241.28 10/01/2002 600871331 N/A 03/01/2011 N 3,621,559.94 3,618,350.97 10/01/2002 310900244 N/A 01/01/2011 N 3,577,082.73 3,574,214.78 10/01/2002 850200436 N/A 01/01/2011 N 3,483,240.36 3,480,684.16 10/01/2002 850200430 N/A 03/01/2011 N 3,458,202.13 3,455,372.33 10/01/2002 700200405 N/A 03/01/2013 N 3,360,698.38 3,358,017.66 10/01/2002 600871332 N/A 02/01/2011 N 3,360,767.10 3,358,283.68 10/01/2002 310900262 N/A 01/01/2011 N 3,349,720.59 3,346,774.18 10/01/2002 310900224 N/A 12/01/2010 N 3,355,503.16 3,352,908.08 10/01/2002 850200438 N/A 12/01/2010 N 3,234,123.38 3,231,714.34 10/01/2002 600871333 N/A 08/01/2010 N 3,202,262.24 3,199,853.94 10/01/2002 600871334 N/A 03/01/2011 N 3,160,535.82 3,157,883.12 10/01/2002 310900290 N/A 01/01/2011 N 3,103,203.86 3,100,463.83 10/01/2002 850200399 N/A 03/01/2011 N 3,000,000.00 3,000,000.00 10/01/2002 850200407 N/A 12/01/2009 N 3,000,000.00 3,000,000.00 10/01/2002 850200423 N/A 05/01/2011 N 2,963,872.28 2,961,209.27 10/01/2002 850200413 N/A 04/01/2011 N 2,961,897.40 2,959,258.77 10/01/2002 600871351 N/A 01/01/2011 N 2,957,933.95 2,955,444.60 10/01/2002 850200386 N/A 02/01/2011 N 2,856,916.36 2,854,309.49 10/01/2002 700200361 N/A 01/01/2011 N 2,814,532.11 2,812,383.37 10/01/2002 600871335 N/A 02/01/2011 N 2,675,316.46 2,670,910.50 10/01/2002 310900311 N/A 01/01/2011 N 2,466,953.49 2,464,975.59 10/01/2002 310900279 N/A 01/01/2011 N 2,446,233.55 2,443,148.92 10/01/2002 310900251 N/A 12/01/2010 N 2,445,327.90 2,442,300.10 10/01/2002 600871336 N/A 02/01/2011 N 2,416,285.46 2,411,395.10 10/01/2002 310900268 N/A 01/01/2011 N 2,335,503.66 2,331,826.89 10/01/2002 600871337 N/A 03/01/2011 N 2,324,166.17 2,321,806.55 10/01/2002 310900332 N/A 02/01/2011 N 2,202,208.61 2,199,363.62 10/01/2002 310900253 N/A 01/01/2011 N 2,154,756.38 2,152,141.46 10/01/2002 310900238 N/A 01/01/2008 N 2,068,561.95 2,061,332.55 10/01/2002 310900295 N/A 02/01/2016 N 2,031,983.15 2,024,659.57 10/01/2002 310900307 N/A 01/01/2011 N 2,009,528.74 2,006,691.34 10/01/2002 600871338 N/A 01/01/2011 N 1,973,625.84 1,972,046.55 10/01/2002 310900291 N/A 01/01/2011 N 1,956,986.95 1,954,519.25 10/01/2002 310900321 N/A 02/01/2011 N 1,777,479.81 1,764,874.90 10/01/2002 600871352 N/A 04/01/2006 N 1,878,685.29 1,877,171.01 10/01/2002 310900292 N/A 02/01/2016 N 1,785,355.78 1,778,814.56 10/01/2002 310900300 N/A 02/01/2016 N 1,774,140.37 1,767,791.08 10/01/2002 600871339 N/A 02/01/2011 N 1,802,904.24 1,801,518.51 10/01/2002 310900258 N/A 12/01/2010 N 1,638,568.38 1,636,548.82 10/01/2002 310900309 N/A 01/01/2016 N 1,497,160.61 1,491,568.91 10/01/2002 310900243 N/A 12/01/2010 N 1,514,986.01 1,513,057.79 10/01/2002 310900252 N/A 12/01/2010 N 1,292,523.40 1,290,988.23 10/01/2002 310900257 N/A 01/01/2016 N 1,218,832.20 1,214,398.74 10/01/2002 310900270 N/A 01/01/2016 N 1,080,994.14 1,077,201.27 10/01/2002 310900284 N/A 01/01/2011 N 977,008.82 975,703.72 10/01/2002 310900304 N/A 02/01/2011 N 891,661.24 890,560.85 10/01/2002 310900278 N/A 01/01/2011 N 773,846.55 772,368.63 10/01/2002 310900280 N/A 01/01/2011 N 734,211.56 733,302.58 10/01/2002 Totals 992,127,665.27 991,079,410.70
Loan Appraisal Appraisal Res Mod Number Reduction Reduction Strat. Code Date Amount (2) (3) 850200358 13 850200422 9 700200361 9 (1) Property Type Code MF- Multi-Family RT- Retail HC- Health Care IN- Industrial WH- Warehouse MH- Mobile Home Park OF- Office MU- Mixed Use LO- Lodging SS- Self Storage OT- Other (2) Resolution Strategy Code 1- Modification 2- Foreclosure 3- Bankruptcy 4- Extension 5- Note Sale 6- DPO 7- REO 8- Resolved 9- Pending Return to Master Servicer 10-Deed In Lieu of Foreclosure 11-Full Payoff 12-Reps and Warranties 13-Other or TBD (3) Modification Code 1- Maturity Date Extension 2- Amortization Change 3- Principal Write-Off 4- Combination
Principal Prepayment Detail Principal Prepayment Amount Prepayment Penalties Loan Number Offering Document Payoff Amount Curtailment Amount Prepayment Premium Yield Maintenance Cross-Reference Premium 700200353 29 0.00 8,665.86 0.00 0.00 Totals 0.00 8,665.86 0.00 0.00
Historical Detail Delinquencies Distribution 30-59 Days 60-89 Days 90 Days or More Foreclosure REO Modifications Date # Balance # Balance # Balance # Balance # Balance # Balance 10/15/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 09/16/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 08/15/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 07/15/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 06/17/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 05/15/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 04/15/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 03/15/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 02/15/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 01/15/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 12/17/2001 1 $3,000,000.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 11/15/2001 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
Prepayments Distribution Curtailments Payoff Date # Amount # Amount 10/15/2002 1 $8,665.86 0 $0.00 09/16/2002 0 $0.00 0 $0.00 08/15/2002 0 $0.00 0 $0.00 07/15/2002 0 $0.00 0 $0.00 06/17/2002 0 $0.00 0 $0.00 05/15/2002 0 $0.00 0 $0.00 04/15/2002 0 $0.00 0 $0.00 03/15/2002 0 $0.00 0 $0.00 02/15/2002 0 $0.00 0 $0.00 01/15/2002 0 $0.00 0 $0.00 12/17/2001 0 $0.00 0 $0.00 11/15/2001 0 $0.00 0 $0.00
Rate and Maturities Distribution Next Weighted Avg. WAM Date Coupon Remit 10/15/2002 7.759002% 7.686903% 96 09/16/2002 7.759003% 7.686902% 97 08/15/2002 7.758997% 7.689031% 98 07/15/2002 7.758991% 7.689021% 99 06/17/2002 7.758975% 7.689711% 100 05/15/2002 7.758968% 7.689701% 101 04/15/2002 7.758952% 7.689682% 102 03/15/2002 7.758946% 7.689672% 103 02/15/2002 7.758913% 7.689640% 104 01/15/2002 7.758908% 7.691489% 105 12/17/2001 7.758902% 7.691480% 106 11/15/2001 7.758887% 7.691463% 107 Note: Foreclosure and REO Totals are excluded from the delinquencies aging categories.
Delinquency Loan Detail Offering # of Current Outstanding Status of Loan Number Document Months Paid Through P & I P & I Mortgage Cross Delinq. Date Advances Advances** Loan(1) Reference 600871353 1 0 09/01/2002 388,432.92 388,432.92 B 700200410 2 0 09/10/2002 274,885.33 274,885.33 A 600871341 20 0 09/01/2002 112,778.33 112,778.33 B 850200408 41 0 09/01/2002 75,677.86 75,677.86 A 850200422 53 0 09/01/2002 56,638.42 56,638.42 B 600871315 58 0 09/01/2002 51,019.03 51,019.03 A 600871313 62 0 09/01/2002 58,797.57 58,797.57 B Totals 7 1,018,229.46 1,018,229.46
Resolution Actual Outstanding Bankruptcy Loan Number Strategy Servicing Foreclosure Principal Servicing Date REO Code(2) Transfer Date Date Balance Advances Date 600871353 55,000,000.00 0.00 700200410 41,441,761.65 0.00 600871341 16,224,426.32 0.00 850200408 9,744,159.20 0.00 850200422 9 01/28/2002 7,367,883.61 106.60 600871315 7,372,246.69 0.00 600871313 6,764,840.06 0.00 Totals 143,915,317.53 106.60
Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances Balance Advances Totals by Deliquency Code: Total for Status Code = A (3 loans) 401,582.22 401,582.22 58,558,167.54 0.00 Total for Status Code = B (4 loans) 616,647.24 616,647.24 85,357,149.99 106.60 (1) Status of Mortgage Loan A- Payment Not Received But Still in Grace Period B- Late Payment But Less Than 1 Month Delinquent 0- Current 1- One Month Delinquent 2- Two Months Delinquent 3- Three Or More Months Delinquent 4- Assumed Scheduled Payment (Performing Matured Balloon) 7- Foreclosure 9- REO (2) Resolution Strategy Code 1- Modification 2- Foreclosure 3- Bankruptcy 4- Extension 5- Note Sale 6- DPO 7- REO 8- Resolved 9- Pending Return to Master Servicer 10-Deed In Lieu Of Foreclosure 11-Full Payoff 12-Reps and Warranties 13-Other or TBD ** Outstanding P & I Advances include the current period advance.
Specially Serviced Loan Detail - Part 1 Offering Servicing Resolution Loan Document Transfer Strategy Scheduled Property State Interest Actual Number Cross-Reference Date Code (1) Balance Type (2) Rate Balance 850200358 50 08/22/2002 13 8,477,808.69 LO FL 8.645% 8,477,808.68 850200422 53 01/28/2002 9 7,358,890.83 OF CA 7.810% 7,367,883.61 700200361 120 06/06/2002 9 2,812,383.37 RT CA 8.000% 2,812,383.37
Net Remaining Loan Operating DSCR DSCR Note Maturity Amortization Number Income Date Date Date Term 850200358 389,921.85 03/31/2002 1.84 02/01/2001 01/01/2011 278 850200422 1,172,437.00 12/31/2001 1.72 05/01/2001 04/01/2011 281 700200361 112,414.05 03/31/2002 1.79 02/01/2001 01/01/2011 338
Specially Serviced Loan Detail - Part 2 Offering Resolution Site Loan Number Document Strategy Inspection Phase 1 Appraisal Appraisal Other REO Cross-Reference Code (1) Date Date Date Value Property Revenue 850200358 50 13 12/01/2000 12,400,000.00 850200422 53 9 10/15/2000 14,100,000.00 700200361 120 9 10/26/2000 4,200,000.00
Loan Number Comments from Special Servicer 850200358 Transferred to SS 8-22-02 for imminent default, however, loan remains current. GMAC has contacted the borrower and borrower has executed a Pre-Negotiation Agreement. We have received current financials and franchise information. Counsel has been retained. Borrower proposed 5-mo moritorium on P&I. GMAC has requested 12-month projections and will schedule a meeting and site inspection. 850200422 The loan was assumed by a third-party on 7/3/02 and will be seasoned for 3 months and then returned to the Master after the 10/1/02 payment. The loan is current and Exodus rejected the lease in August. The loan was originally transferred due to the bank ruptcy of the sole tenant, Exodus Communications. At the time of the assumption an additional $456,000 in reserves was provided to the lender. The collateral is a 106,000sf industrial building in El Segundo, CA in which Exodus invested $43 million in T Is to create an Internet Data Center (web server farm). The building was never occupied and is currently vacant. The TIs are state-of-the-art and include extensive security, HVAC, power, power back up systems, fire suppression, etc. The TIs have bee n purchased by the borrower. The lender also holds $800,000 in leasing reserves and $400,000 in LOC proceeds. 700200361 Loan is current. Property was transferred to different ownership entity with same principals Owners attorney has disputed transfer of property definition and threatening litigation if we pursue assignment approval process. They have finally agreed to cooperated and state they will be sending in information for processing loan assumption.
Modified Loan Detail No Modified Loans Liquidated Loan Detail No Liquidated Loans this Period -----END PRIVACY-ENHANCED MESSAGE-----