-----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, JEBsSUNnN+TpQU24wZMi1IVAsFrijeWOj346yDEB5Z8qz2/zGrHWs48S/3EZ0LVY FThstMAByp8oIjgYW5cxdQ== 0001056404-02-001465.txt : 20021126 0001056404-02-001465.hdr.sgml : 20021126 20021126120436 ACCESSION NUMBER: 0001056404-02-001465 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: 20021126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEAR STEARNS COMMERCIAL MORTGAGE SECURITIES TRUST 2001-TOP4 CENTRAL INDEX KEY: 0001161609 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-87381-02 FILM NUMBER: 02840393 BUSINESS ADDRESS: STREET 1: 245 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10167 BUSINESS PHONE: 2122726162 MAIL ADDRESS: STREET 1: 245 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10167 8-K 1 bsc01tp4.txt NOVEMBER 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 : November 15, 2002 (Date of earliest event reported) Commission File No.: 333-87381-02 Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Through Certificates Series 2001-TOP4 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 90-0042352 90-0031659 90-0029738 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Rd 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 November 15, 2002 distribution was made to holders of Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Through Certificates, Series 2001-TOP4. 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-TOP4, relating to the November 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-TOP4 By: Wells Fargo Bank Minnesota, N.A., as Paying Agent By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: November 15, 2002 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2001-TOP4, relating to the November 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-TOP4 For Additional Information, please contact CTSlink Customer Service 301-815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date:11/15/2002 Record Date: 10/31/2002 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 - 18 Specially Serviced Loan Detail 19 - 20 Modified Loan Detail 21 Liquidated Loan Detail 22 Depositor 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: Matilde Sanchez Phone Number: (415) 222-2364 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 07383FGE2 5.060000% 389,161,000.00 378,171,724.17 978,008.88 A-2 07383FGF9 2.250000% 60,000,000.00 60,000,000.00 0.00 A-3 07383FGG7 5.610000% 320,234,000.00 320,234,000.00 0.00 B 07383FGK8 5.800000% 24,819,000.00 24,819,000.00 0.00 C 07383FGL6 6.050000% 24,819,000.00 24,819,000.00 0.00 D 07383FGP7 6.170000% 9,025,000.00 9,025,000.00 0.00 E 07383FGQ5 6.470000% 20,307,000.00 20,307,000.00 0.00 F 07383FGR3 6.910000% 9,025,000.00 9,025,000.00 0.00 G 07383FGS1 6.000000% 9,025,000.00 9,025,000.00 0.00 H 07383FGT9 6.000000% 9,025,000.00 9,025,000.00 0.00 J 07383FGU6 6.000000% 6,769,000.00 6,769,000.00 0.00 K 07383FGV4 6.000000% 4,513,000.00 4,513,000.00 0.00 L 07383FGW2 6.000000% 4,512,000.00 4,512,000.00 0.00 M 07383FGX0 6.000000% 2,257,000.00 2,257,000.00 0.00 N 07383FGY8 6.000000% 9,025,290.00 9,025,290.00 0.00 R3 N/A 0.000000% 0.00 0.00 0.00 902,516,290.00 891,527,014.17 978,008.88
Class CUSIP Interest Prepayment Realized Loss/ Total Ending Balance Current Distribution Penalties Additional Trust Distribution Subordination Fund Expenses Level(1) A-1 07383FGE2 1,594,624.10 0.00 0.00 2,572,632.98 377,193,715.29 14.95% A-2 07383FGF9 116,250.00 0.00 0.00 116,250.00 60,000,000.00 14.95% A-3 07383FGG7 1,497,093.95 0.00 0.00 1,497,093.95 320,234,000.00 14.95% B 07383FGK8 119,958.50 0.00 0.00 119,958.50 24,819,000.00 12.16% C 07383FGL6 125,129.13 0.00 0.00 125,129.13 24,819,000.00 9.37% D 07383FGP7 46,403.54 0.00 0.00 46,403.54 9,025,000.00 8.36% E 07383FGQ5 109,488.58 0.00 0.00 109,488.58 20,307,000.00 6.08% F 07383FGR3 51,968.96 0.00 0.00 51,968.96 9,025,000.00 5.07% G 07383FGS1 45,125.00 0.00 0.00 45,125.00 9,025,000.00 4.05% H 07383FGT9 45,125.00 0.00 0.00 45,125.00 9,025,000.00 3.04% J 07383FGU6 33,845.00 0.00 0.00 33,845.00 6,769,000.00 2.28% K 07383FGV4 22,565.00 0.00 0.00 22,565.00 4,513,000.00 1.77% L 07383FGW2 22,560.00 0.00 0.00 22,560.00 4,512,000.00 1.27% M 07383FGX0 11,285.00 0.00 0.00 11,285.00 2,257,000.00 1.01% N 07383FGY8 42,307.70 0.00 0.00 42,307.70 9,025,290.00 0.00% R3 N/A 0.00 0.00 0.00 0.00 0.00 0.00% 3,883,729.46 0.00 0.00 4,861,738.34 890,549,005.29
Original Beginning Pass-Through Notional Notional Class CUSIP Rate Amount Amount X-1 07383FGM4 1.179315% 902,516,290.00 891,527,014.17 X-2 07383FGN2 1.819049% 420,779,000.00 420,779,000.00
Ending Interest Prepayment Total Notional Class CUSIP Distribution Penalties Distribution Amount X-1 07383FGM4 876,159.61 0.00 876,159.61 890,549,005.29 X-2 07383FGN2 637,847.85 0.00 637,847.85 420,779,000.00 (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 07383FGE2 971.76162095 2.51312151 4.09759483 0.00000000 0.00000000 969.24849944 A-2 07383FGF9 1,000.00000000 0.00000000 1.93750000 0.00000000 0.00000000 1,000.00000000 A-3 07383FGG7 1,000.00000000 0.00000000 4.67500000 0.00000000 0.00000000 1,000.00000000 B 07383FGK8 1,000.00000000 0.00000000 4.83333333 0.00000000 0.00000000 1,000.00000000 C 07383FGL6 1,000.00000000 0.00000000 5.04166687 0.00000000 0.00000000 1,000.00000000 D 07383FGP7 1,000.00000000 0.00000000 5.14166648 0.00000000 0.00000000 1,000.00000000 E 07383FGQ5 1,000.00000000 0.00000000 5.39166691 0.00000000 0.00000000 1,000.00000000 F 07383FGR3 1,000.00000000 0.00000000 5.75833352 0.00000000 0.00000000 1,000.00000000 G 07383FGS1 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 H 07383FGT9 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 J 07383FGU6 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 K 07383FGV4 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 L 07383FGW2 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 M 07383FGX0 1,000.00000000 0.00000000 5.00000000 0.00000000 0.00000000 1,000.00000000 N 07383FGY8 1,000.00000000 0.00000000 4.68768317 0.00000000 0.00000000 1,000.00000000 R3 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 07383FGM4 987.82373687 0.97079645 0.00000000 986.74009008 X-2 07383FGN2 1,000.00000000 1.51587377 0.00000000 1,000.00000000
Reconciliation Detail Advance Summary P & I Advances Outstanding 1,434,185.53 Servicing Advances Outstanding 8,180.65 Reimbursement for Interest on Advances 0.00 paid from general collections Current 1 Month LIBOR 1.800000% Next 1 Month LIBOR Rate 1.381250%
Servicing Fee Summary Current Period Accrued Servicing Fees 48,610.52 Less Delinquent Servicing Fees 14,696.17 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 14,139.68 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 48,054.03
Certificate Interest Reconciliation Class Accrued Net Aggregate Realized Previously Unpaid Distributable Distributable Certificate Prepayment Losses/ Interest (including Certificate Certificate Remaining Interest Interest Expenses interest thereon) Interest Interest Interest Unpaid Shortfall Losses Adjustment Distribution Interest A-1 1,594,624.10 0.00 0.00 0.00 1,594,624.10 0.00 1,594,624.10 0.00 A-2 116,250.00 0.00 0.00 0.00 116,250.00 0.00 116,250.00 0.00 A-3 1,497,093.95 0.00 0.00 0.00 1,497,093.95 0.00 1,497,093.95 0.00 X-1 876,159.61 0.00 0.00 0.00 876,159.61 0.00 876,159.61 0.00 X-2 637,847.85 0.00 0.00 0.00 637,847.85 0.00 637,847.85 0.00 B 119,958.50 0.00 0.00 0.00 119,958.50 0.00 119,958.50 0.00 C 125,129.13 0.00 0.00 0.00 125,129.13 0.00 125,129.13 0.00 D 46,403.54 0.00 0.00 0.00 46,403.54 0.00 46,403.54 0.00 E 109,488.58 0.00 0.00 0.00 109,488.58 0.00 109,488.58 0.00 F 51,968.96 0.00 0.00 0.00 51,968.96 0.00 51,968.96 0.00 G 45,125.00 0.00 0.00 0.00 45,125.00 0.00 45,125.00 0.00 H 45,125.00 0.00 0.00 0.00 45,125.00 0.00 45,125.00 0.00 J 33,845.00 0.00 0.00 0.00 33,845.00 0.00 33,845.00 0.00 K 22,565.00 0.00 0.00 0.00 22,565.00 0.00 22,565.00 0.00 L 22,560.00 0.00 0.00 0.00 22,560.00 0.00 22,560.00 0.00 M 11,285.00 0.00 0.00 0.00 11,285.00 0.00 11,285.00 0.00 N 45,126.45 0.00 0.00 19,973.29 63,969.18 2,818.75 42,307.70 22,792.04 Total 5,400,555.67 0.00 0.00 19,973.29 5,419,398.40 2,818.75 5,397,736.92 22,792.04
Other Required Information Available Distribution Amount (1) 6,375,745.80 Principal Distribution Amount 978,008.88 (a) Principal portion of Scheduled Payments 978,008.88 and any Assumed Scheduled Payments (b) Principal Prepayments 0.00 (c) Principal Portion of Balloon Payments 0.00 (d) Liquidation, Condemnation, Purchase, 0.00 and Insurance Proceeds and REO Income Received on a Mortgage Loan Aggregate Number of Outstanding Mortgage Loans 152.00 Aggregate Unpaid Principal Balance of the Mortgage Loans 890,854,299.54 Aggregate Scheduled Principal Balance of the Mortgage Loans 890,549,005.58 Swap Payment made to Counterpary 158,750.00 Swap Payment recieved from Counterpary 0.00 Interest Reserve Account Deposits 0.00 Withdrawals 0.00 Total Servicing and Special Servicing Fee Paid 50,872.78 Servicing Fee paid 48,054.03 Special Servicing Fee paid 2,818.75 Trustee Fee Paid 840.93 Paying Agent Fee Paid 1,223.17 (1) The Available Distribution Amount includes any Prepayment Premiums.
Expense Losses (Additional Trust Fund Expenses) 2,818.75 (i) Special Servicing and Liquidation Fees 2,818.75 (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 07383FGE2 X Aaa AAA X Aaa AAA A-2 07383FGF9 X Aaa AAA X Aaa AAA A-3 07383FGG7 X Aaa AAA X Aaa AAA X-1 07383FGM4 X Aaa AAA X Aaa AAA X-2 07383FGN2 X Aaa AAA X Aaa AAA B 07383FGK8 X Aa2 AA X Aa2 AA C 07383FGL6 X A2 A X A2 A D 07383FGP7 X A3 A- X A3 A- E 07383FGQ5 X Baa2 BBB X Baa2 BBB F 07383FGR3 X Baa3 BBB- X Baa3 BBB- G 07383FGS1 X Ba1 BB+ X Ba1 BB+ H 07383FGT9 X Ba2 BB X Ba2 BB J 07383FGU6 X Ba3 BB- X Ba3 BB- K 07383FGV4 X B1 NR X B1 NR L 07383FGW2 X B2 NR X B2 NR M 07383FGX0 X B3 NR X B3 NR N 07383FGY8 X NR NR X NR 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 14 9,417,270.16 1.06 101 7.5856 1.437497 1,000,001 to 2,000,000 32 44,836,477.20 5.03 118 7.5430 1.803436 2,000,001 to 3,000,000 22 54,843,475.64 6.16 101 7.3813 1.918900 3,000,001 to 4,000,000 13 44,951,093.25 5.05 116 7.3039 1.767306 4,000,001 to 5,000,000 16 71,881,698.97 8.07 110 7.3932 1.665345 5,000,001 to 6,000,000 14 77,865,294.09 8.74 89 7.3146 1.925694 6,000,001 to 7,000,000 6 39,672,976.10 4.45 86 7.1402 1.373603 7,000,001 to 8,000,000 9 67,397,493.48 7.57 98 7.5563 1.450409 8,000,001 to 9,000,000 3 26,401,300.52 2.96 101 7.7524 1.599728 9,000,001 to 10,000,000 5 49,073,012.79 5.51 105 7.2900 1.854721 10,000,001 to 15,000,000 8 97,758,038.62 10.98 95 7.3056 1.696290 15,000,001 to 20,000,000 3 50,837,838.26 5.71 105 7.2710 1.952094 20,000,001 to 25,000,000 1 23,341,901.84 2.62 106 6.8000 2.130000 25,000,001 and greater 6 232,271,134.66 26.08 73 7.2941 1.905509 Totals 152 890,549,005.58 100.00 94 7.3387 1.787224
State (3) # of Scheduled % of Weighted State Props. Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Arizona 4 15,337,130.67 1.72 104 7.8225 1.388980 California 53 214,934,609.63 24.14 104 7.3806 1.748514 Colorado 2 16,525,394.16 1.86 105 7.2655 1.550576 Connecticut 1 7,497,963.40 0.84 96 8.0000 2.040000 Delaware 1 8,912,652.45 1.00 105 7.6700 1.420000 Florida 14 49,871,368.09 5.60 94 7.1201 1.776577 Georgia 5 21,392,236.17 2.40 103 7.1460 1.921153 Illinois 7 36,937,854.58 4.15 75 7.0462 2.368361 Indiana 3 2,554,419.61 0.29 103 7.8369 1.596365 Kansas 1 1,929,206.78 0.22 103 7.8150 1.340000 Maryland 3 16,225,267.89 1.82 97 7.2727 1.969227 Massachusetts 4 48,770,805.02 5.48 91 7.7642 1.555919 Michigan 3 20,450,248.42 2.30 80 7.1991 1.667709 Minnesota 4 7,273,923.24 0.82 122 7.2076 1.463596 Missouri 3 12,361,400.43 1.39 82 7.3586 1.588427 Nevada 4 13,909,012.96 1.56 113 7.5865 1.818596 New Jersey 9 129,284,814.28 14.52 88 7.2984 1.572649 New Mexico 1 449,419.19 0.05 102 8.7700 1.310000 New York 2 87,054,421.44 9.78 51 6.6832 2.632272 North Carolina 2 11,817,774.19 1.33 148 7.6294 1.592425 Ohio 7 23,666,328.54 2.66 87 7.3753 1.524114 Oklahoma 1 1,534,548.49 0.17 162 7.4500 1.400000 Pennsylvania 7 46,622,505.24 5.24 116 8.0056 1.517272 South Dakota 1 1,516,084.96 0.17 101 7.2600 1.530000 Tennessee 3 17,648,239.68 1.98 96 7.8698 1.750727 Texas 15 37,121,413.24 4.17 94 7.5354 1.548011 Utah 2 6,671,000.50 0.75 102 7.6234 1.276636 Virginia 4 24,089,254.35 2.70 107 6.9375 1.948692 Washington 2 8,189,707.98 0.92 132 7.1237 1.536174 Totals 168 890,549,005.58 100.00 94 7.3387 1.787224
Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of Weighted Coverage Ratio Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 1.10 or less 4 19,692,780.26 2.21 103 7.3466 0.573725 1.11 to 1.20 4 11,945,741.22 1.34 112 7.2487 1.155260 1.21 to 1.30 9 49,333,321.90 5.54 94 7.5487 1.263298 1.31 to 1.40 28 107,831,375.14 12.11 110 7.6002 1.344845 1.41 to 1.50 21 172,020,827.90 19.32 95 7.3953 1.444453 1.51 to 1.60 10 62,185,167.78 6.98 97 7.6972 1.558936 1.61 to 1.70 9 39,512,065.46 4.44 104 7.4423 1.663470 1.71 to 1.80 13 84,850,919.45 9.53 101 7.6749 1.760922 1.81 and greater 54 343,176,806.47 38.54 84 7.0407 2.327113 Totals 152 890,549,005.58 100.00 94 7.3387 1.787224
Property Type(3) Property # of Scheduled % of Weighted Type Props Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) Health Care 1 6,374,901.87 0.72 69 6.8800 1.130000 Industrial 29 117,915,307.82 13.24 102 7.4497 1.867375 Mixed Use 1 8,912,652.45 1.00 105 7.6700 1.420000 Mobile Home Park 3 10,913,799.95 1.23 107 7.1368 1.899516 Multi-Family 27 119,163,333.62 13.38 93 7.2062 1.605774 Office 24 244,108,298.35 27.41 86 7.1483 2.069624 Other 3 13,484,582.81 1.51 115 7.5769 0.619686 Retail 79 368,124,138.36 41.34 96 7.4682 1.688464 Self Storage 1 1,551,990.34 0.17 103 7.6400 2.800000 Totals 168 890,549,005.58 100.00 94 7.3387 1.787224
Note Rate Note # of Scheduled % of Weighted Rate Loans Balance Agg. WAM WAC Avg DSCR(1) Bal. (2) 6.500% or less 1 13,530,000.00 1.52 46 6.5000 3.000000 6.501% to 7.000% 24 219,243,029.50 24.62 77 6.7433 2.210331 7.001% to 7.500% 62 321,014,024.21 36.05 94 7.2800 1.664667 7.501% to 8.000% 57 281,236,896.64 31.58 109 7.7113 1.598460 8.001% to 8.500% 7 45,212,246.78 5.08 99 8.2492 1.525781 8.501% to 9.000% 1 10,312,808.45 1.16 102 8.7700 1.310000 9.001% or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 152 890,549,005.58 100.00 94 7.3387 1.787224
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 134 761,544,996.96 85.51 97 7.3242 1.793111 25 to 36 months 1 31,637,227.01 3.55 85 8.0000 1.780000 37 to 48 months 3 12,628,415.23 1.42 76 7.1427 2.407286 49 months and greater 14 84,738,366.38 9.52 70 7.2518 1.644616 Totals 152 890,549,005.58 100.00 94 7.3387 1.787224
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 4 118,384,328.86 13.29 44 6.7025 2.458556 61 to 120 months 133 726,689,845.63 81.60 97 7.4318 1.699725 121 to 180 months 0 0.00 0.00 0 0.0000 0.000000 181 months and greater 0 0.00 0.00 0 0.0000 0.000000 Totals 137 845,074,174.49 94.89 89 7.3297 1.806027
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 2 2,370,603.02 0.27 102 7.0846 1.592048 121 to 180 months 7 29,408,747.50 3.30 164 7.5145 1.405049 181 months and greater 6 13,695,480.57 1.54 223 7.5638 1.481431 Totals 15 45,474,831.09 5.11 178 7.5069 1.437801
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 4 35,530,000.00 3.99 65 6.7637 2.352800 60 months or less 0 0.00 0.00 0 0.0000 0.000000 61 to 120 months 16 12,523,021.24 1.41 101 7.5441 1.345922 121 to 180 months 0 0.00 0.00 0 0.0000 0.000000 181 to 240 months 12 80,960,785.44 9.09 100 7.3882 1.862063 241 months and greater 105 716,060,367.81 80.41 89 7.3474 1.780608 Totals 137 845,074,174.49 94.89 89 7.3297 1.806027
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 152 890,549,005.58 100.00 94 7.3387 1.787224 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 152 890,549,005.58 100.00 94 7.3387 1.787224 (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 700200615 1 OF New York NY 419,707.75 55,330.17 6.520% 600871524 2 OF Parsippany NJ 262,258.10 27,110.19 7.350% 600871500 3 OF Boston MA 211,204.81 43,494.54 8.000% 700200542 4 RT Bridgewater NJ 199,799.92 18,231.63 7.560% 850200582 5 RT Mount Laurel NJ 175,634.24 18,399.53 7.230% 310900219 6 RT York PA 184,370.39 12,606.39 8.340% 310900433 7 OF Brisbane CA 136,950.63 46,250.87 6.800% 850200589 8 RT Tyson's Corner VA 105,476.22 21,305.93 6.840% 700200563 9 IN Various Various 106,492.85 10,121.35 7.480% 310900546 14 IN Sunnyvale CA 106,634.62 17,102.98 7.530% 850200614 15 RT Orlando FL 67,433.33 0.00 6.800% 850200586 16 RT Various Various 25,191.08 0.00 7.373% 600871526 19 RT Parker CO 90,042.96 9,167.82 7.280% 850200587 20 RT Geneva IL 73,287.50 0.00 6.500% 700200583 21 RT Yuba City CA 78,683.16 8,367.22 7.180% 850200611 22 Various Various PA 79,420.40 39,601.16 7.550% 600871558 25 RT New York NY 81,647.40 7,214.09 7.670% 600871501 26 MF Centerville OH 62,371.75 9,780.57 6.950% 310900395 27 RT Various Various 78,001.23 15,820.69 8.770% 600871527 36 IN St. Petersburg FL 61,578.64 6,435.62 7.220% 700200556 37 RT Pikesville MD 62,454.53 6,306.56 7.330% 600871528 38 MF Woodbridge NJ 57,770.08 7,355.84 6.790% 600871529 39 IN San Jose CA 61,466.78 12,498.22 7.510% 600871530 40 MF Austin TX 62,975.06 5,580.87 7.610% 600871559 41 MU Greenville DE 58,899.15 5,081.12 7.670% 600871531 42 RT Memphis TN 60,273.08 5,014.40 7.880% 310900246 43 MF Sacramento CA 57,175.24 5,173.66 7.706% 600871502 44 MF Davison MI 46,539.74 7,570.05 6.800% 600871532 45 RT Northridge CA 51,446.51 4,819.70 7.560% 850200613 46 OT Boston MA 49,003.79 8,268.03 7.500% 600871503 47 RT West Hartford CT 50,089.85 15,514.53 8.000% 920900414 48 IN Wilmington NC 49,250.75 4,221.27 7.700% 600871533 49 OF Knoxville TN 50,657.87 4,113.28 7.950% 600871534 50 MF Stone Mountain GA 44,862.14 5,018.01 7.130% 600871535 51 RT Houston TX 48,547.58 4,057.94 7.740% 600871536 52 RT Phoenix AZ 46,854.17 4,023.88 7.680% 850200584 53 MF Los Angeles CA 41,679.92 4,820.76 6.985% 700200529 54 RT Carlsbad CA 40,252.79 15,761.62 7.000% 600871504 55 MF Arnold MO 41,672.70 8,985.58 7.435% 310900465 56 MH Las Vegas NV 40,750.94 4,565.71 7.090% 600871505 57 HC Bakersfield CA 37,827.37 10,063.89 6.880% 600871506 58 RT Lewisville TX 40,660.09 5,307.43 7.460% 700200616 59 RT Roselle NJ 36,283.85 9,113.46 7.040% 600871537 60 RT Atlanta GA 35,495.00 0.00 6.870% 700200456 61 IN West Valley City UT 39,056.49 3,473.06 7.640% 600871507 62 RT Belleville IL 38,982.12 11,725.36 8.125% 600871508 63 RT Scottsdale AZ 39,445.91 3,158.52 7.850% 600871509 64 MF Redwood City CA 34,606.25 5,999.26 7.170% 600871510 65 MF Brownstown MI 36,698.43 4,948.71 7.420% 600871511 66 OF San Ramon CA 35,099.53 5,152.61 7.200% 850200574 67 OF Chicago IL 31,629.58 10,567.32 6.865% 700200420 68 RT Washington Townsh NJ 33,598.81 3,405.10 7.380% 600871513 69 RT Huntington Beach CA 32,862.11 4,657.59 7.250% 850200581 70 OF Chicago IL 30,820.58 10,079.60 6.940% 700200478 71 OF Southborough MA 32,286.88 9,731.59 7.290% 310900452 72 IN Laguna Hills CA 30,797.81 9,626.19 7.160% 700200591 73 OF Mountain View CA 31,665.27 3,196.01 7.300% 600871514 74 RT Santa Ana CA 31,000.93 3,103.19 7.350% 700200461 75 OF Palm Desert CA 30,104.81 3,149.09 7.270% 310900538 76 IN North Las Vegas NV 31,103.40 2,539.40 7.830% 310900221 77 IN Corona CA 32,624.61 2,341.98 8.260% 600871538 78 RT Tallahassee FL 28,421.07 3,032.39 7.270% 600871515 79 RT San Marcos CA 27,364.87 4,041.86 7.070% 600871539 80 MF Spokane WA 27,611.12 2,981.61 7.160% 600871540 81 RT Hope Mills NC 27,557.16 9,125.16 7.510% 310900480 82 RT Summit Township PA 29,490.56 3,573.13 7.710% 600871541 83 IN Franklin MA 26,981.88 5,053.21 7.080% 600871542 84 RT Ferguson MO 27,299.27 6,739.10 7.210% 310900145 85 OF Oroville CA 28,587.35 13,770.06 7.750% 310900474 86 OT Vacaville CA 28,358.70 2,587.71 7.560% 600871543 87 IN Bensalem Township PA 14,903.11 1,352.42 7.610% 600871544 88 IN Bensalem Township PA 13,607.18 1,234.83 7.610% 700200512 89 RT Live Oak TX 7,747.35 9,457.78 7.490% 700200513 90 RT San Antonio TX 7,296.78 8,404.14 7.490% 700200514 91 RT Temple TX 6,649.04 7,814.38 7.490% 700200511 92 RT Sonoma CA 4,320.86 4,978.22 7.490% 310900440 93 MF Largo FL 23,850.31 3,154.57 6.700% 310900416 94 OF Mountain View CA 25,416.70 7,002.98 7.580% 600871545 95 RT Spokane WA 22,721.73 12,507.23 7.080% 310900477 96 MF Seminole FL 24,564.09 2,235.41 7.588% 600871546 97 RT Martinez GA 22,976.77 2,357.67 7.330% 600871517 98 IN Elkridge MD 20,848.33 4,000.72 7.000% 600871518 99 MF Copperas Cove TX 20,378.77 3,506.09 6.770% 600871547 100 MF Chesapeake VA 20,887.22 2,421.88 7.010% 310900367 101 RT Bakersfield CA 23,693.39 3,297.00 7.990% 600871548 102 RT Sanford FL 19,685.02 10,989.31 7.060% 600871519 103 RT Hawaiian Gardens CA 20,448.01 2,745.98 7.250% 850200576 104 RT Tustin CA 20,551.25 2,083.80 7.305% 310900407 105 RT Alhambra CA 21,644.63 9,776.55 8.040% 600871520 106 MH Harbor City CA 18,622.86 2,868.67 6.940% 600871521 107 RT Chicago IL 18,309.98 6,455.31 7.390% 600871550 108 IN Parsippany NJ 17,038.68 4,088.21 6.960% 600871551 109 MF Delaware OH 19,144.40 1,611.52 7.740% 850200575 110 OF Tustin CA 18,861.68 1,565.92 7.755% 600871552 111 IN Edmonston MD 17,123.02 2,301.83 7.420% 310900441 112 MF Dunedin FL 15,387.29 2,035.22 6.700% 850200615 113 RT Destin FL 16,836.78 2,879.49 7.365% 310900449 114 RT Folsom CA 18,584.36 2,420.89 8.180% 600871553 115 RT Augusta GA 16,173.06 1,659.53 7.330% 600871522 116 OF Santa Barbara CA 15,458.67 0.00 7.040% 850200572 117 IN Cedar Grove NJ 15,070.53 1,688.15 7.075% 850200573 118 IN South Plainfield NJ 15,070.53 1,688.15 7.075% 600871554 119 MF Coon Rapids MN 14,971.03 1,728.75 7.040% 310900429 120 OF Plymouth MN 14,982.41 2,582.01 7.390% 310900470 121 IN Rancho Cucamonga CA 14,154.32 4,362.60 7.210% 700200491 122 RT Beaumont TX 7,043.85 8,715.99 7.560% 700200488 123 RT Plantation FL 6,657.16 10,013.05 7.560% 310900421 124 IN Santa Clara CA 13,396.83 2,738.70 6.870% 850200585 125 OF Dallas TX 15,485.30 1,715.46 7.905% 920900287 126 MF Washington Courth OH 15,511.13 1,234.60 8.010% 700200500 127 RT Lake Worth FL 6,708.50 11,422.80 7.560% 700200501 128 RT Jacksonville FL 6,471.29 8,511.91 7.560% 310900386 129 RT Littleton CO 13,413.83 1,474.86 7.170% 700200506 130 RT Richardson TX 3,278.02 6,007.94 7.560% 700200504 131 RT Mesquite TX 3,070.58 5,581.26 7.560% 700200505 132 RT Garland TX 3,007.02 5,495.60 7.560% 700200503 133 RT Farmers Branch TX 2,785.43 5,081.30 7.560% 600871523 134 OF San Diego CA 13,662.51 1,208.38 7.630% 310900398 135 IN Broadview Heights OH 13,140.49 1,132.51 7.710% 310900450 136 IN Rancho Cordova CA 13,070.68 1,996.52 7.720% 310900424 137 IN Orlando FL 12,637.35 2,103.47 7.470% 310900401 138 MF Wichita KS 12,989.94 1,067.79 7.815% 310900446 139 OF Aliso Viejo CA 12,779.69 1,809.38 7.940% 310900406 140 RT Beverly Hills CA 10,864.02 1,898.07 7.350% 700200492 141 RT Tampa FL 5,177.22 8,904.47 7.670% 700200495 142 RT Amarillo TX 4,542.18 7,662.48 7.670% 310900402 143 OF Fresno CA 9,582.04 1,152.38 6.960% 310900403 144 IN Rancho Cordova CA 9,972.78 1,778.47 7.290% 310900442 145 MF Fresno CA 10,076.34 2,945.08 7.430% 310900423 146 RT Norman OK 9,877.53 5,140.29 7.450% 310900478 147 SS Corona CA 10,228.78 2,798.02 7.640% 310900313 148 OT Salinas CA 10,707.10 2,675.94 8.000% 310900390 149 RT Walnut Creek CA 10,634.52 866.50 7.850% 310900382 150 MF Mitchell SD 9,488.84 1,724.66 7.260% 310900359 151 IN Los Angeles CA 8,024.14 9,508.31 7.150% 600871555 152 IN Alexandria VA 8,983.66 4,439.07 7.590% 310900374 153 MF Fergus Falls MN 8,303.24 1,404.27 7.445% 310900451 154 RT Mundelein IL 8,152.26 822.09 7.370% 310900420 155 RT Springfield MO 8,074.65 1,089.29 7.470% 700200510 156 RT Centerville UT 4,806.56 7,402.04 7.490% 700200507 157 RT Anaheim CA 2,565.56 3,616.92 7.490% 920900288 158 MF Mt. Sterling OH 8,435.88 671.45 8.010% 600871556 159 MF Austin TX 7,957.53 700.31 7.610% 310900413 160 OF San Francisco CA 7,772.11 1,221.05 7.660% 600871557 161 MF St. Paul MN 6,939.26 2,313.97 6.930% 310900379 162 MH Las Vegas NV 7,507.94 2,250.98 7.955% 310900435 163 OF Carpinteria CA 6,271.80 7,080.68 7.000% 310900391 164 RT Lafayette CA 6,889.03 561.32 7.850% 920900443 165 RT Fishers IN 5,995.70 909.55 7.740% 920900444 166 RT Indianapolis IN 5,643.49 827.11 7.840% 920900445 167 RT Indianapolis IN 5,616.34 795.17 7.940% 310900409 168 MF Tucson AZ 4,668.63 944.84 6.920% Totals 5,609,980.33 978,008.88
Loan Anticipated Neg Beginning Ending Paid Number Repayment Maturity Amort Scheduled Scheduled Thru Date Date (Y/N) Balance Balance Date 700200615 N/A 06/01/2006 N 74,754,992.52 74,699,662.35 11/01/2002 600871524 N/A 03/01/2011 N 41,436,433.75 41,409,323.56 11/01/2002 600871500 N/A 12/01/2009 N 31,680,721.55 31,637,227.01 10/01/2002 700200542 07/01/2011 07/01/2031 N 30,691,231.67 30,673,000.04 11/01/2002 850200582 N/A 08/01/2006 N 28,210,559.71 28,192,160.18 11/01/2002 310900219 N/A 12/01/2010 N 25,672,367.91 25,659,761.52 11/01/2002 310900433 N/A 09/01/2011 N 23,388,152.71 23,341,901.84 11/01/2002 850200589 N/A 09/01/2011 N 17,907,678.22 17,886,372.29 11/01/2002 700200563 N/A 07/01/2011 N 16,533,304.75 16,523,183.40 11/01/2002 310900546 N/A 08/01/2011 N 16,445,385.55 16,428,282.57 11/01/2002 850200614 N/A 06/01/2008 N 11,900,000.00 11,900,000.00 11/01/2002 850200586 N/A 06/01/2008 N 4,100,000.00 4,100,000.00 11/01/2002 600871526 N/A 09/01/2011 N 14,363,463.94 14,354,296.12 11/01/2002 850200587 N/A 09/01/2006 N 13,530,000.00 13,530,000.00 10/01/2002 700200583 N/A 09/01/2011 N 12,726,182.99 12,717,815.77 11/01/2002 850200611 N/A 07/01/2016 N 12,215,912.39 12,176,311.23 11/01/2002 600871558 N/A 05/01/2011 N 12,361,973.18 12,354,759.09 11/01/2002 600871501 N/A 07/01/2008 N 10,421,828.53 10,412,047.96 10/01/2002 310900395 N/A 05/01/2011 N 10,328,629.14 10,312,808.45 11/01/2002 600871527 N/A 09/01/2011 N 9,904,525.57 9,898,089.95 11/01/2002 700200556 N/A 07/01/2011 N 9,894,657.27 9,888,350.71 11/01/2002 600871528 N/A 07/01/2011 N 9,880,387.29 9,873,031.45 11/01/2002 600871529 N/A 07/01/2011 N 9,821,589.14 9,809,090.92 11/01/2002 600871530 N/A 08/01/2011 N 9,610,030.63 9,604,449.76 11/01/2002 600871559 N/A 08/01/2011 N 8,917,733.57 8,912,652.45 11/01/2002 600871531 N/A 02/01/2011 N 8,882,556.60 8,877,542.20 11/01/2002 310900246 N/A 01/01/2011 N 8,616,279.53 8,611,105.87 11/01/2002 600871502 N/A 10/01/2008 N 7,947,963.90 7,940,393.85 10/01/2002 600871532 N/A 04/01/2011 N 7,902,689.15 7,897,869.45 11/01/2002 850200613 N/A 03/01/2011 N 7,587,683.44 7,579,415.41 11/01/2002 600871503 N/A 11/01/2010 N 7,513,477.93 7,497,963.40 10/01/2002 920900414 N/A 07/01/2011 N 7,427,846.60 7,423,625.33 11/01/2002 600871533 N/A 01/05/2011 N 7,399,810.76 7,395,697.48 11/05/2002 600871534 N/A 05/01/2011 N 7,306,867.81 7,301,849.80 11/01/2002 600871535 N/A 08/01/2011 N 7,283,957.39 7,279,899.45 11/01/2002 600871536 N/A 08/01/2011 N 7,084,803.19 7,080,779.31 11/01/2002 850200584 N/A 09/01/2011 N 6,929,490.15 6,924,669.39 10/01/2002 700200529 N/A 11/10/2011 N 6,677,882.17 6,662,120.55 10/10/2002 600871504 N/A 02/01/2008 N 6,725,922.94 6,716,937.36 10/01/2002 310900465 N/A 07/01/2011 N 6,674,707.10 6,670,141.39 11/01/2002 600871505 N/A 08/01/2008 N 6,384,965.76 6,374,901.87 10/01/2002 600871506 N/A 05/01/2008 N 6,329,512.97 6,324,205.54 10/01/2002 700200616 N/A 09/01/2008 N 5,985,238.67 5,976,125.21 11/01/2002 600871537 N/A 08/01/2011 N 6,000,000.00 6,000,000.00 11/01/2002 700200456 06/01/2011 06/01/2031 N 5,936,639.83 5,933,166.77 11/01/2002 600871507 N/A 11/01/2008 N 5,757,358.74 5,745,633.38 10/01/2002 600871508 N/A 07/01/2011 N 5,835,433.84 5,832,275.32 10/01/2002 600871509 N/A 07/01/2009 N 5,791,841.60 5,785,842.34 10/01/2002 600871510 N/A 04/01/2008 N 5,743,602.71 5,738,654.00 10/01/2002 600871511 N/A 03/01/2008 N 5,661,214.84 5,656,062.23 10/01/2002 850200574 N/A 08/01/2011 N 5,350,490.86 5,339,923.54 11/01/2002 700200420 N/A 04/01/2011 N 5,286,987.76 5,283,582.66 11/01/2002 600871513 N/A 05/01/2008 N 5,263,786.41 5,259,128.82 10/01/2002 850200581 N/A 08/01/2011 N 5,157,297.27 5,147,217.67 11/01/2002 700200478 N/A 06/01/2011 N 5,143,270.53 5,133,538.94 11/01/2002 310900452 N/A 06/01/2011 N 4,995,140.08 4,985,513.89 11/01/2002 700200591 N/A 09/01/2011 N 5,037,339.22 5,034,143.21 11/01/2002 600871514 N/A 07/01/2011 N 4,898,106.34 4,895,003.15 10/01/2002 700200461 N/A 06/01/2011 N 4,808,862.02 4,805,712.93 11/01/2002 310900538 N/A 06/01/2011 N 4,613,036.29 4,610,496.89 11/01/2002 310900221 N/A 11/01/2010 N 4,586,760.57 4,584,418.59 11/01/2002 600871538 N/A 04/01/2011 N 4,539,906.37 4,536,873.98 11/01/2002 600871515 N/A 09/01/2008 N 4,494,846.12 4,490,804.26 10/01/2002 600871539 N/A 08/01/2011 N 4,478,285.82 4,475,304.21 11/01/2002 600871540 N/A 05/01/2021 N 4,403,274.02 4,394,148.86 11/01/2002 310900480 N/A 07/01/2011 N 4,441,906.37 4,438,333.24 11/01/2002 600871541 N/A 08/01/2011 N 4,425,676.87 4,420,623.66 11/01/2002 600871542 N/A 07/01/2011 N 4,397,001.81 4,390,262.71 11/01/2002 310900145 N/A 06/01/2016 N 4,283,640.00 4,269,869.94 11/01/2002 310900474 N/A 07/01/2011 N 4,356,174.89 4,353,587.18 11/01/2002 600871543 N/A 05/01/2011 N 2,274,222.51 2,272,870.09 10/01/2002 600871544 N/A 05/01/2011 N 2,076,463.99 2,075,229.16 11/01/2002 700200512 N/A 07/10/2011 N 1,201,191.99 1,191,734.21 10/10/2002 700200513 N/A 07/10/2011 N 1,131,332.08 1,122,927.94 10/10/2002 700200514 N/A 07/10/2011 N 1,030,903.29 1,023,088.91 10/10/2002 700200511 N/A 07/10/2011 N 669,930.00 664,951.78 10/10/2002 310900440 N/A 07/01/2011 N 4,133,900.05 4,130,745.48 11/01/2002 310900416 N/A 07/01/2021 N 3,893,953.77 3,886,950.79 11/01/2002 600871545 N/A 08/01/2016 N 3,726,911.00 3,714,403.77 11/01/2002 310900477 N/A 06/01/2009 N 3,759,361.45 3,757,126.04 11/01/2002 600871546 N/A 05/01/2011 N 3,640,205.11 3,637,847.44 11/01/2002 600871517 N/A 12/01/2008 N 3,573,998.96 3,569,998.24 10/01/2002 600871518 N/A 04/01/2008 N 3,495,666.74 3,492,160.65 10/01/2002 600871547 N/A 07/01/2011 N 3,460,218.32 3,457,796.44 11/01/2002 310900367 N/A 06/01/2011 N 3,443,666.99 3,440,369.99 11/01/2002 600871548 N/A 07/01/2016 N 3,237,963.31 3,226,974.00 11/01/2002 600871519 N/A 12/01/2008 N 3,275,320.63 3,272,574.65 10/01/2002 850200576 N/A 08/01/2011 N 3,267,072.74 3,264,988.94 11/01/2002 310900407 N/A 06/01/2016 N 3,126,331.00 3,116,554.45 11/01/2002 600871520 N/A 10/01/2008 N 3,116,216.52 3,113,347.85 10/01/2002 600871521 N/A 07/01/2008 N 2,973,203.61 2,966,748.30 10/01/2002 600871550 N/A 06/01/2011 N 2,937,704.29 2,933,616.08 11/01/2002 600871551 N/A 07/01/2011 N 2,872,378.52 2,870,767.00 11/01/2002 850200575 N/A 08/01/2011 N 2,824,485.86 2,822,919.94 11/01/2002 600871552 N/A 08/01/2011 N 2,769,220.77 2,766,918.94 11/01/2002 310900441 N/A 07/01/2011 N 2,667,032.20 2,664,996.98 11/01/2002 850200615 N/A 07/01/2011 N 2,654,770.76 2,651,891.27 11/01/2002 310900449 N/A 06/01/2011 N 2,638,366.85 2,635,945.96 11/01/2002 600871553 N/A 05/01/2011 N 2,562,293.96 2,560,634.43 11/01/2002 600871522 N/A 06/01/2011 N 2,550,000.00 2,550,000.00 10/01/2002 850200572 N/A 08/01/2011 N 2,473,675.70 2,471,987.55 11/01/2002 850200573 N/A 08/01/2011 N 2,473,675.70 2,471,987.55 11/01/2002 600871554 N/A 06/01/2011 N 2,469,561.06 2,467,832.31 11/01/2002 310900429 N/A 05/01/2011 N 2,354,388.04 2,351,806.03 11/01/2002 310900470 N/A 06/01/2011 N 2,279,787.74 2,275,425.14 11/01/2002 700200491 N/A 01/10/2011 N 1,082,003.97 1,073,287.98 10/10/2002 700200488 N/A 01/10/2011 N 1,022,604.64 1,012,591.59 10/10/2002 310900421 N/A 06/01/2011 N 2,264,571.12 2,261,832.42 11/01/2002 850200585 N/A 09/01/2011 N 2,274,879.92 2,273,164.46 11/01/2002 920900287 N/A 12/01/2010 N 2,248,804.80 2,247,570.20 11/01/2002 700200500 N/A 07/10/2011 N 1,030,491.55 1,019,068.75 10/10/2002 700200501 N/A 07/10/2011 N 994,053.76 985,541.85 10/10/2002 310900386 N/A 05/01/2011 N 2,172,572.90 2,171,098.04 11/01/2002 700200506 N/A 07/10/2011 N 503,536.27 497,528.33 10/10/2002 700200504 N/A 07/10/2011 N 471,670.60 466,089.34 10/10/2002 700200505 N/A 07/10/2011 N 461,907.50 456,411.90 10/10/2002 700200503 N/A 07/10/2011 N 427,868.85 422,787.55 10/10/2002 600871523 N/A 07/01/2011 N 2,079,442.17 2,078,233.79 10/01/2002 310900398 N/A 06/01/2011 N 1,979,238.33 1,978,105.82 11/01/2002 310900450 N/A 06/01/2011 N 1,966,172.88 1,964,176.36 11/01/2002 310900424 N/A 06/01/2006 N 1,964,609.80 1,962,506.33 11/01/2002 310900401 N/A 06/01/2011 N 1,930,274.57 1,929,206.78 11/01/2002 310900446 N/A 06/01/2011 N 1,869,135.02 1,867,325.64 11/01/2002 310900406 N/A 05/01/2011 N 1,716,500.95 1,714,602.88 11/01/2002 700200492 N/A 07/10/2010 N 783,866.34 774,961.87 10/10/2002 700200495 N/A 07/10/2010 N 687,717.10 680,054.62 10/10/2002 310900402 N/A 05/01/2011 N 1,598,782.53 1,597,630.15 11/01/2002 310900403 N/A 05/01/2011 N 1,588,654.13 1,586,875.66 11/01/2002 310900442 N/A 05/01/2021 N 1,574,907.00 1,571,961.92 11/01/2002 310900423 N/A 05/01/2016 N 1,539,688.78 1,534,548.49 11/01/2002 310900478 N/A 06/01/2011 N 1,554,788.36 1,551,990.34 11/01/2002 310900313 N/A 05/01/2021 N 1,554,256.16 1,551,580.22 11/01/2002 310900390 N/A 05/01/2011 N 1,573,218.29 1,572,351.79 11/01/2002 310900382 N/A 04/01/2011 N 1,517,809.62 1,516,084.96 11/01/2002 310900359 N/A 05/01/2011 N 1,346,709.20 1,337,200.89 11/01/2002 600871555 N/A 07/01/2016 N 1,374,524.69 1,370,085.62 11/01/2002 310900374 N/A 05/01/2011 N 1,295,161.10 1,293,756.83 11/01/2002 310900451 N/A 05/01/2011 N 1,284,550.33 1,283,728.24 11/01/2002 310900420 N/A 05/01/2011 N 1,255,289.65 1,254,200.36 11/01/2002 700200510 N/A 01/10/2011 N 745,235.77 737,833.73 10/10/2002 700200507 N/A 01/10/2011 N 397,777.81 394,160.89 10/10/2002 920900288 N/A 12/01/2010 N 1,223,034.13 1,222,362.68 11/01/2002 600871556 N/A 09/01/2011 N 1,214,322.91 1,213,622.60 11/01/2002 310900413 N/A 05/01/2011 N 1,178,285.97 1,177,064.92 11/01/2002 600871557 N/A 06/01/2021 N 1,162,842.04 1,160,528.07 11/01/2002 310900379 N/A 04/01/2021 N 1,132,561.69 1,130,310.71 11/01/2002 310900435 N/A 06/01/2011 N 1,040,482.81 1,033,402.13 11/01/2002 310900391 N/A 05/01/2011 N 1,019,128.75 1,018,567.43 11/01/2002 920900443 N/A 06/01/2011 N 899,580.38 898,670.83 11/01/2002 920900444 N/A 06/01/2011 N 835,935.39 835,108.28 11/01/2002 920900445 N/A 06/01/2011 N 821,435.67 820,640.50 11/01/2002 310900409 N/A 05/01/2011 N 783,473.53 782,528.69 11/01/2002 Totals 891,527,014.46 890,549,005.58
Loan Appraisal Appraisal Res Mod Number Reduction Reduction Strat. Code Date Amount (2) (3) 850200587 9 Totals 0.00 (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 No Principal Prepayments this Period
Historical Detail Delinquencies Distribution 30-59 Days 60-89 Days 90 Days or More Foreclosure REO Modifications Date # Balance # Balance # Balance # Balance # Balance # Balance 11/15/2002 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 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 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 11/15/2002 0 $0.00 0 $0.00 10/15/2002 0 $0.00 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
Rate and Maturities Distribution Next Weighted Avg. WAM Date Coupon Remit 11/15/2002 7.338715% 7.268541% 94 10/15/2002 7.338757% 7.268588% 95 09/16/2002 7.338802% 7.268638% 96 08/15/2002 7.338843% 7.268683% 97 07/15/2002 7.338883% 7.268727% 98 06/17/2002 7.338926% 7.268776% 99 05/15/2002 7.339014% 7.268867% 100 04/15/2002 7.339117% 7.268974% 101 03/15/2002 7.339204% 7.272828% 102 02/15/2002 7.339335% 7.272960% 103 01/15/2002 7.339419% 7.273044% 104 12/17/2001 7.339503% 7.273127% 105 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 600871500 3 0 10/01/2002 251,866.57 251,866.57 B 850200587 20 0 10/01/2002 69,905.00 69,905.00 B 600871501 26 0 10/01/2002 71,189.38 71,189.38 B 600871502 44 0 10/01/2002 53,375.43 53,375.43 B 600871503 47 0 10/01/2002 64,932.56 64,932.56 A 850200584 53 0 10/01/2002 46,202.33 46,202.33 A 700200529 54 0 10/10/2002 55,726.90 55,726.90 A 600871504 55 0 10/01/2002 50,056.87 50,056.87 B 600871505 57 0 10/01/2002 47,301.32 47,301.32 B 600871506 58 0 10/01/2002 45,382.70 45,382.70 B 600871507 62 0 10/01/2002 50,192.68 50,192.68 B 600871508 63 0 10/01/2002 42,065.26 42,065.26 B 600871509 64 0 10/01/2002 40,087.63 40,087.63 B 600871510 65 0 10/01/2002 41,116.45 41,116.45 B 600871511 66 0 10/01/2002 39,729.06 39,729.06 B 600871513 69 0 10/01/2002 37,033.35 37,033.35 B 600871514 74 0 10/01/2002 33,651.56 33,651.56 B 600871515 79 0 10/01/2002 30,991.42 30,991.42 B 600871543 87 0 10/01/2002 16,138.04 16,138.04 B 700200512 89 0 10/10/2002 17,153.41 17,153.41 A 700200513 90 0 10/10/2002 15,652.21 15,652.21 A 700200514 91 0 10/10/2002 14,419.04 14,419.04 A 700200511 92 0 10/10/2002 9,270.24 9,270.24 A 600871517 98 0 10/01/2002 24,529.48 24,529.48 B 600871518 99 0 10/01/2002 23,561.88 23,561.88 B 600871519 103 0 10/01/2002 22,891.37 22,891.37 B 600871520 106 0 10/01/2002 21,203.61 21,203.61 B 600871521 107 0 10/01/2002 24,499.44 24,499.44 B 600871522 116 0 10/01/2002 15,223.06 15,223.06 B 700200491 122 0 10/10/2002 15,713.26 15,713.26 A 700200488 123 0 10/10/2002 16,626.19 16,626.19 A 700200500 127 0 10/10/2002 18,086.94 18,086.94 A 700200501 128 0 10/10/2002 14,940.40 14,940.40 A 700200506 130 0 10/10/2002 9,264.28 9,264.28 A 700200504 131 0 10/10/2002 8,631.54 8,631.54 A 700200505 132 0 10/10/2002 8,482.73 8,482.73 A 700200503 133 0 10/10/2002 7,848.31 7,848.31 A 600871523 134 0 10/01/2002 14,678.76 14,678.76 B 700200492 141 0 10/10/2002 14,047.94 14,047.94 A 700200495 142 0 10/10/2002 12,175.06 12,175.06 A 700200510 156 0 10/10/2002 12,176.52 12,176.52 A 700200507 157 0 10/10/2002 6,165.35 6,165.35 A Totals 42 1,434,185.53 1,434,185.53
Delinquency Loan Detail Actual Outstanding Loan Number Resolution Servicing Foreclosure Principal Servicing Bankruptcy REO Strategy Transfer Date Date Balance Advances** Date Date Code (2) 600871500 31,680,721.55 0.00 850200587 9 03/12/2002 13,530,000.00 588.69 600871501 10,421,828.53 0.00 600871502 7,947,963.90 0.00 600871503 7,513,477.93 0.00 850200584 6,929,490.14 0.00 700200529 6,677,882.17 0.00 600871504 6,725,922.94 0.00 600871505 6,384,965.76 0.00 600871506 6,329,512.97 0.00 600871507 5,757,358.74 0.00 600871508 5,835,433.84 0.00 600871509 5,791,841.60 0.00 600871510 5,743,602.71 0.00 600871511 5,661,214.84 0.00 600871513 5,263,786.41 0.00 600871514 4,898,106.34 0.00 600871515 4,494,846.12 0.00 600871543 2,274,222.51 0.00 700200512 1,201,191.98 0.00 700200513 1,131,332.08 0.00 700200514 1,030,903.30 0.00 700200511 669,930.00 0.00 600871517 3,573,998.96 0.00 600871518 3,495,666.74 0.00 600871519 3,275,320.63 0.00 600871520 3,116,216.52 0.00 600871521 2,973,203.61 0.00 600871522 2,550,000.00 0.00 700200491 1,082,003.98 0.00 700200488 1,022,604.64 0.00 700200500 1,030,491.54 0.00 700200501 994,053.79 0.00 700200506 503,536.26 0.00 700200504 471,670.60 0.00 700200505 461,907.53 0.00 700200503 427,868.86 0.00 600871523 2,079,442.17 0.00 700200492 783,866.35 0.00 700200495 687,717.10 0.00 700200510 745,235.74 0.00 700200507 397,777.81 0.00 Totals 183,568,119.19 588.69
Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances Balance Advances Totals by Deliquency Code: Total for Status Code = A (19 loans) 367,515.21 367,515.21 33,762,941.80 0.00 Total for Status Code = B (23 loans) 1,066,670.32 1,066,670.32 149,805,177.39 588.69 (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 850200587 20 03/12/2002 9 13,530,000.00 RT IL 6.500% 13,530,000.00
Net Remaining Loan Operating DSCR DSCR Note Maturity Amortization Number Income Date Date Date Term 850200587 1,320,102.00 06/30/2002 3.00 10/01/2001 09/01/2006 1,000 (1) 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 (2) 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
Specially Serviced Loan Detail - Part 2 Offering Resolution Site Loan Document Strategy Inspection Phase 1 Appraisal Appraisal Other REO Number Cross-Reference Code (1) Date Date Date Value Property Revenue 850200587 20 9 05/21/2001 31,500,000.00
Loan Number Comments from Special Servicer 850200587 The loan remains current. This loan had a mechanics lien against the property at the time of origination and Bear Stearns obtained a title endorsement insuring around the lien. The lien holder subsequently filed for foreclosure, which triggered a Special Servicing transfer event. The special servicer has retained John Weiss of Katten Muchin to protect the lenders interest, and he has notified the title company of their obligation to defend the action. The lien amount is approximately $306M and was filed by a contractor of the prior owner in regards to TI work. The title company has an indemnificaton from the prior owner of the property and has hired counsel to defend the lien. The lender is not at risk. (1) 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
Modified Loan Detail No Modified Loans Liquidated Loan Detail No Liquidated Loans this Period -----END PRIVACY-ENHANCED MESSAGE-----