-----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, B0dzJdkqIiMI8NKJai5KaEnohMSqp8OFzgHyyzlGNc46XugVpt8T5/OKJkgbuBSM HEl6GBQeDHXng2rA6pGoSA== 0001056404-05-001932.txt : 20050420 0001056404-05-001932.hdr.sgml : 20050420 20050420091207 ACCESSION NUMBER: 0001056404-05-001932 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050415 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050420 DATE AS OF CHANGE: 20050420 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WACHOVIA COMMERCIAL MORT SEC INC PAS THR CERTS SER 03 C3 CENTRAL INDEX KEY: 0001220670 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 000000000 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-83930-03 FILM NUMBER: 05760683 BUSINESS ADDRESS: STREET 1: 201 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 02110 8-K 1 wac03c03_10504.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: April 15, 2005 (Date of earliest event reported) Commission File No.: 333-83930-03 Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2003 - C3 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 54-2090865 54-2090866 54-6528880 91-2063264 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 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) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On April 15, 2005, a distribution was made to holders of Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2003 - C3. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2003 - C3, relating to the April 15, 2005 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. Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2003 - C3 (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: April 15, 2005 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2003 - C3, relating to the April 15, 2005 distribution. Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2003 - C3 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: April 15, 2005 Record Date: March 31, 2005 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Other Required Information 4 Reconciliation Detail 5 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 10 Mortgage Loan Detail 11 - 15 Principal Prepayment Detail 16 Historical Detail 17 Delinquency Loan Detail 18 Specially Serviced Loan Detail 19 - 20 Modified Loan Detail 21 Liquidated Loan Detail 22 Depositor Wachovia Commercial Mortgage Securities, Inc. 301 South College Street Charlotte, NC 28288-1016 Contact: Tim Steward Phone Number: (704) 593-7822 Master Servicer Wachovia Bank, National Association 8739 Research Drive URP 4, NC1075 Charlotte, NC 28262 Contact: Timothy S. Ryan Phone Number: (704) 593-7878 Special Servicer Lennar Partners, Inc. 760 N.W. 107th Avenue Miami, FL 33172 Contact: Steve Bruha Phone Number: (305) 229-6614 This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, 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, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Copyright 2005, Wells Fargo Bank, N.A.
Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Interest Rate Balance Balance Distribution Distribution A-1 929766CT8 4.037000% 259,086,000.00 236,455,682.93 963,000.36 795,476.33 A-2 929766CU5 4.867000% 477,837,000.00 477,837,000.00 0.00 1,938,027.23 B 929766CV3 4.973000% 36,319,000.00 36,319,000.00 0.00 150,511.99 C 929766CW1 5.033000% 12,888,000.00 12,888,000.00 0.00 54,054.42 D 929766CX9 5.072000% 25,775,000.00 25,775,000.00 0.00 108,942.33 E 929766CY7 5.141000% 12,887,000.00 12,887,000.00 0.00 55,210.06 F 929766DD2 5.605000% 10,544,000.00 10,544,000.00 0.00 49,249.27 G 929766DF7 5.704000% 12,888,000.00 12,888,000.00 0.00 61,260.96 H 929766DH3 6.094879% 12,887,000.00 12,887,000.00 0.00 65,453.92 J 929766DK6 4.982000% 22,260,000.00 22,260,000.00 0.00 92,416.10 K 929766DM2 4.982000% 9,373,000.00 9,373,000.00 0.00 38,913.57 L 929766DP5 4.982000% 7,029,000.00 7,029,000.00 0.00 29,182.07 M 929766DR1 4.982000% 2,343,000.00 2,343,000.00 0.00 9,727.35 N 929766DT7 4.982000% 7,030,000.00 7,030,000.00 0.00 29,186.22 O 929766DV2 4.982000% 4,686,000.00 4,686,000.00 0.00 19,454.71 P 929766DX8 4.982000% 23,432,149.00 23,432,149.00 0.00 97,282.47 Z-I NA 0.000000% 0.00 0.00 0.00 0.00 Z-II NA 0.000000% 0.00 0.00 0.00 0.00 Z-III NA 0.000000% 0.00 0.00 0.00 0.00 R-I NA 0.000000% 0.00 0.00 0.00 0.00 R-II NA 0.000000% 0.00 0.00 0.00 0.00 Totals 937,264,149.00 914,633,831.93 963,000.36 3,594,349.00
Class CUSIP Prepayment Realized Loss/ Total Ending Current Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level (1) A-1 929766CT8 0.00 0.00 1,758,476.69 235,492,682.57 21.93% A-2 929766CU5 0.00 0.00 1,938,027.23 477,837,000.00 21.93% B 929766CV3 0.00 0.00 150,511.99 36,319,000.00 17.95% C 929766CW1 0.00 0.00 54,054.42 12,888,000.00 16.54% D 929766CX9 0.00 0.00 108,942.33 25,775,000.00 13.72% E 929766CY7 0.00 0.00 55,210.06 12,887,000.00 12.31% F 929766DD2 0.00 0.00 49,249.27 10,544,000.00 11.16% G 929766DF7 0.00 0.00 61,260.96 12,888,000.00 9.75% H 929766DH3 0.00 0.00 65,453.92 12,887,000.00 8.33% J 929766DK6 0.00 0.00 92,416.10 22,260,000.00 5.90% K 929766DM2 0.00 0.00 38,913.57 9,373,000.00 4.87% L 929766DP5 0.00 0.00 29,182.07 7,029,000.00 4.10% M 929766DR1 0.00 0.00 9,727.35 2,343,000.00 3.85% N 929766DT7 0.00 0.00 29,186.22 7,030,000.00 3.08% O 929766DV2 0.00 0.00 19,454.71 4,686,000.00 2.56% P 929766DX8 0.00 0.00 97,282.47 23,432,149.00 0.00% Z-I NA 0.00 0.00 0.00 0.00 0.00% Z-II NA 0.00 0.00 0.00 0.00 0.00% Z-III NA 0.00 0.00 0.00 0.00 0.00% R-I NA 0.00 0.00 0.00 0.00 0.00% R-II NA 0.00 0.00 0.00 0.00 0.00% Totals 0.00 0.00 4,557,349.36 913,670,831.57
Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount IO-I 929766CZ4 0.327757% 937,264,149.00 914,633,831.93 249,814.69 IO-II 929766DB6 1.403282% 890,430,000.00 717,830,000.00 839,431.50
Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount IO-I 929766CZ4 0.00 249,814.69 913,670,831.57 IO-II 929766DB6 0.00 839,431.50 717,830,000.00 (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 Class CUSIP Beginning Principal Interest Prepayment Realized Loss/ Ending Balance Distribution Distribution Penalties Additional Balance Trust Fund Expenses A-1 929766CT8 912.65326158 3.71691392 3.07031769 0.00000000 0.00000000 908.93634766 A-2 929766CU5 1,000.00000000 0.00000000 4.05583333 0.00000000 0.00000000 1,000.00000000 B 929766CV3 1,000.00000000 0.00000000 4.14416669 0.00000000 0.00000000 1,000.00000000 C 929766CW1 1,000.00000000 0.00000000 4.19416667 0.00000000 0.00000000 1,000.00000000 D 929766CX9 1,000.00000000 0.00000000 4.22666654 0.00000000 0.00000000 1,000.00000000 E 929766CY7 1,000.00000000 0.00000000 4.28416699 0.00000000 0.00000000 1,000.00000000 F 929766DD2 1,000.00000000 0.00000000 4.67083365 0.00000000 0.00000000 1,000.00000000 G 929766DF7 1,000.00000000 0.00000000 4.75333333 0.00000000 0.00000000 1,000.00000000 H 929766DH3 1,000.00000000 0.00000000 5.07906573 0.00000000 0.00000000 1,000.00000000 J 929766DK6 1,000.00000000 0.00000000 4.15166667 0.00000000 0.00000000 1,000.00000000 K 929766DM2 1,000.00000000 0.00000000 4.15166649 0.00000000 0.00000000 1,000.00000000 L 929766DP5 1,000.00000000 0.00000000 4.15166738 0.00000000 0.00000000 1,000.00000000 M 929766DR1 1,000.00000000 0.00000000 4.15166453 0.00000000 0.00000000 1,000.00000000 N 929766DT7 1,000.00000000 0.00000000 4.15166714 0.00000000 0.00000000 1,000.00000000 O 929766DV2 1,000.00000000 0.00000000 4.15166667 0.00000000 0.00000000 1,000.00000000 P 929766DX8 1,000.00000000 0.00000000 4.15166658 0.00000000 0.00000000 1,000.00000000 Z-I NA 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Z-II NA 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Z-III NA 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-I NA 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II NA 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
Class CUSIP Beginning Interest Prepayment Ending Notional Distribution Penalties Notional Amount Amount IO-I 929766CZ4 975.85492084 0.26653606 0.00000000 974.82746198 IO-II 929766DB6 806.16106825 0.94272599 0.00000000 806.16106825
Reconciliation Detail Advance Summary P & I Advances Outstanding 175,692.46 Servicing Advances Outstanding 0.00 Reimbursement for Interest on P & I Advances 0.00 paid from general collections Reimbursement for Interest on Servicing 0.00 Advances paid from general collections Aggregate amount of Nonrecoverable Advances 0.00
Servicing Fee Summary Current Period Accrued Servicing Fees 35,686.90 Less Delinquent Servicing Fees 1,473.56 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 21,164.20 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 55,377.54
Certificate Interest Reconciliation Class Accrued Net Aggregate Deferred Distributable Distributable Certificate Prepayment Interest Certificate Certificate Interest Interest Amount Interest Interest Shortfall Adjustment A-1 795,476.33 0.00 0.00 795,476.33 0.00 A-2 1,938,027.23 0.00 0.00 1,938,027.23 0.00 IO-I 249,814.69 0.00 0.00 249,814.69 0.00 IO-II 839,431.50 0.00 0.00 839,431.50 0.00 B 150,511.99 0.00 0.00 150,511.99 0.00 C 54,054.42 0.00 0.00 54,054.42 0.00 D 108,942.33 0.00 0.00 108,942.33 0.00 E 55,210.06 0.00 0.00 55,210.06 0.00 F 49,249.27 0.00 0.00 49,249.27 0.00 G 61,260.96 0.00 0.00 61,260.96 0.00 H 65,453.92 0.00 0.00 65,453.92 0.00 J 92,416.10 0.00 0.00 92,416.10 0.00 K 38,913.57 0.00 0.00 38,913.57 0.00 L 29,182.07 0.00 0.00 29,182.07 0.00 M 9,727.35 0.00 0.00 9,727.35 0.00 N 29,186.22 0.00 0.00 29,186.22 0.00 O 19,454.71 0.00 0.00 19,454.71 0.00 P 97,282.47 0.00 0.00 97,282.47 0.00 Total 4,683,595.19 0.00 0.00 4,683,595.19 0.00
Class Additional Interest Remaining Unpaid Trust Fund Distribution Distributable Expenses Certificate Interest A-1 0.00 795,476.33 0.00 A-2 0.00 1,938,027.23 0.00 IO-I 0.00 249,814.69 0.00 IO-II 0.00 839,431.50 0.00 B 0.00 150,511.99 0.00 C 0.00 54,054.42 0.00 D 0.00 108,942.33 0.00 E 0.00 55,210.06 0.00 F 0.00 49,249.27 0.00 G 0.00 61,260.96 0.00 H 0.00 65,453.92 0.00 J 0.00 92,416.10 0.00 K 0.00 38,913.57 0.00 L 0.00 29,182.07 0.00 M 0.00 9,727.35 0.00 N 0.00 29,186.22 0.00 O 0.00 19,454.71 0.00 P 0.00 97,282.47 671.78 Total 0.00 4,683,595.19 671.78
Other Required Information Available Distribution Amount (1) 5,646,595.55 Aggregate Number of Outstanding Loans 130 Aggregate Stated Principal Balance of Loans Before Distribution 914,633,832.41 Aggregate Stated Principal Balance of Loans After Distribution 913,670,832.05 Aggregate Unpaid Principal Balance of Loans 913,700,419.80 Aggregate Amount of Servicing Fee 55,377.54 Aggregate Amount of Special Servicing Fee 0.00 Aggregate Amount of Trustee Fee 1,981.71 Aggregate Trust Fund Expenses 0.00 Interest Reserve Deposit 0.00 Interest Reserve Withdrawal 0.00 Specially Serviced Loans not Delinquent Number of Outstanding Loans 0 Aggregate Unpaid Principal Balance 0.00 (1) The Available Distribution Amount includes any Prepayment Premiums.
Appraisal Reduction Amount None Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 4,721,264.16 Interest reductions due to Nonrecoverability Determinations 0.00 Interest Adjustments 0.00 Deferred Interest 0.00 Net Prepayment Interest Shortfall 0.00 Net Prepayment Interest Excess 0.00 Extension Interest 0.00 Interest Reserve Withdrawal 0.00 Total Interest Collected 4,721,264.16 Principal: Scheduled Principal 963,000.36 Unscheduled Principal 0.00 Principal Prepayments 0.00 Collection of Principal after Maturity Date 0.00 Recoveries from Liquidation and Insurance Proceeds 0.00 Excess of Prior Principal Amounts paid 0.00 Curtailments 0.00 Negative Amortization 0.00 Principal Adjustments 0.00 Total Principal Collected 963,000.36 Other: Prepayment Penalties/Yield Maintenance 0.00 Repayment Fees 0.00 Borrower Option Extension Fees 0.00 Equity Payments Received 0.00 Net Swap Counterparty Payments Received 0.00 Total Other Collected: 0.00 Total Funds Collected 5,684,264.52 Total Funds Distributed Fees: Master Servicing Fee 35,686.90 Trustee Fee 1,981.71 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 37,668.61 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 0.00 ASER Amount 0.00 Special Servicing Fee 0.00 Rating Agency Expenses 0.00 Attorney Fees & Expenses 0.00 Bankruptcy Expense 0.00 Taxes Imposed on Trust Fund 0.00 Non-Recoverable Advances 0.00 Other Expenses 0.00 Total Additional Trust Fund Expenses 0.00 Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 4,683,595.19 Principal Distribution 963,000.36 Prepayment Penalties/Yield Maintenance 0.00 Borrower Option Extension Fees 0.00 Equity Payments Paid 0.00 Net Swap Counterparty Payments Paid 0.00 Total Payments to Certificateholders & Others 5,646,595.55 Total Funds Distributed 5,684,264.16
Ratings Detail Class CUSIP Original Ratings Current Ratings (1) Fitch Moody's S & P Fitch Moody's S & P A-1 929766CT8 AAA X AAA AAA X AAA A-2 929766CU5 AAA X AAA AAA X AAA IO-I 929766CZ4 AAA X AAA AAA X AAA IO-II 929766DB6 AAA X AAA AAA X AAA B 929766CV3 AA X AA AA X AA C 929766CW1 AA- X AA- AA- X AA- D 929766CX9 A X A A X A E 929766CY7 A- X A- A- X A- F 929766DD2 BBB+ X BBB+ BBB+ X BBB+ G 929766DF7 BBB X BBB BBB X BBB H 929766DH3 BBB- X BBB- BBB- X BBB- J 929766DK6 BB+ X BB+ BB+ X BB+ K 929766DM2 BB X BB BB X BB L 929766DP5 BB- X BB- BB- X BB- M 929766DR1 B+ X B+ B+ X B+ N 929766DT7 B X B B X B O 929766DV2 B- X NR B- X B- P 929766DX8 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 Scheduled # of Scheduled % of WAM WAC Weighted Balance Loans Balance Agg. (2) Avg DSCR (1) Bal. Below 2,000,000 10 14,532,451.02 1.59 98 6.3952 1.583253 2,000,001 to 3,000,000 28 70,463,069.32 7.71 91 6.3053 1.461274 3,000,001 to 4,000,000 21 71,234,513.96 7.80 91 6.1746 1.636516 4,000,001 to 5,000,000 11 48,851,179.80 5.35 82 6.3240 1.577179 5,000,001 to 6,000,000 9 48,974,634.59 5.36 92 5.9815 1.618886 6,000,001 to 7,000,000 9 57,400,049.53 6.28 92 6.0659 1.775104 7,000,001 to 8,000,000 6 44,746,317.71 4.90 92 5.8228 1.386761 8,000,001 to 9,000,000 5 42,990,714.36 4.71 78 5.6930 1.654933 9,000,001 to 10,000,000 7 68,135,130.26 7.46 75 5.8652 1.748071 10,000,001 to 15,000,000 11 131,008,143.73 14.34 82 5.8109 1.468605 15,000,001 to 20,000,000 6 105,360,587.72 11.53 85 6.3276 1.701494 20,000,001 to 25,000,000 3 69,725,243.44 7.63 82 5.5275 1.555736 25,000,001 to 30,000,000 1 26,438,051.33 2.89 94 6.3800 1.280000 30,000,001 to 35,000,000 1 30,540,814.16 3.34 90 5.9000 1.240000 35,000,001 to 40,000,000 1 35,655,617.13 3.90 93 5.4200 1.750000 40,000,001 and greater 1 47,614,313.99 5.21 91 6.1000 1.560000 Totals 130 913,670,832.05 100.00 87 5.9956 1.577820
State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alabama 2 6,862,133.49 0.75 93 6.8000 1.995556 Arizona 3 19,900,402.69 2.18 93 5.8004 1.272693 California 21 222,232,874.47 24.32 87 6.0083 1.695403 Florida 18 115,486,523.03 12.64 76 5.8983 1.561491 Georgia 12 86,801,506.46 9.50 93 5.6433 1.592688 Idaho 1 2,868,178.94 0.31 89 7.1100 0.270000 Illinois 4 46,733,584.19 5.11 91 5.9234 1.409576 Indiana 1 11,937,230.11 1.31 91 5.9000 1.840000 Kentucky 1 17,557,305.34 1.92 92 6.2500 1.380000 Louisiana 2 6,190,691.89 0.68 75 5.8003 1.525350 Maryland 12 62,868,652.58 6.88 92 6.0169 1.856527 Massachusetts 2 8,029,585.51 0.88 92 5.9537 1.678748 Minnesota 2 6,240,253.27 0.68 92 6.3296 1.081083 Missouri 2 10,498,560.61 1.15 82 7.9612 2.254982 Nevada 4 33,838,088.17 3.70 92 5.9556 1.633231 New Jersey 3 13,849,898.73 1.52 92 5.9909 1.467622 New Mexico 1 3,892,910.33 0.43 93 6.0000 1.500000 New York 2 2,597,206.04 0.28 56 5.8472 1.124092 North Carolina 6 49,345,802.63 5.40 93 6.1767 1.347111 Ohio 2 4,631,256.13 0.51 90 7.4000 1.630104 Oklahoma 3 7,065,401.58 0.77 105 5.9578 1.515429 Oregon 1 3,066,640.83 0.34 92 5.9200 1.430000 Pennsylvania 2 23,540,875.54 2.58 65 5.7146 1.716593 South Carolina 1 6,953,741.82 0.76 93 5.4100 1.560000 Tennessee 2 7,416,899.46 0.81 91 6.3353 1.363301 Texas 7 41,035,836.28 4.49 64 5.9106 1.503844 Utah 2 17,379,123.13 1.90 93 5.5900 1.294637 Virginia 4 18,826,744.20 2.06 93 5.8506 1.786783 Washington 7 56,022,924.56 6.13 92 6.3517 1.278848 Totals 130 913,670,832.05 100.00 87 5.9956 1.577820
Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. 1.19 or less 13 99,863,008.28 10.93 93 6.1026 1.083644 1.20 to 1.24 4 40,150,084.29 4.39 90 5.9883 1.236311 1.25 to 1.29 6 53,155,661.49 5.82 97 6.1421 1.270951 1.30 to 1.34 7 56,980,117.61 6.24 91 6.2367 1.314197 1.35 to 1.39 12 90,639,150.75 9.92 89 5.9667 1.362621 1.40 to 1.44 11 53,009,926.34 5.80 90 5.9852 1.431002 1.45 to 1.49 7 46,079,222.80 5.04 76 5.6411 1.458062 1.50 to 1.54 8 35,180,967.97 3.85 74 5.9631 1.524766 1.55 to 1.59 9 89,225,439.64 9.77 84 6.0661 1.566702 1.60 to 1.64 5 19,717,208.37 2.16 87 6.0644 1.631911 1.65 to 1.69 9 41,616,897.78 4.55 90 6.0022 1.680581 1.70 to 1.74 6 36,625,475.81 4.01 67 5.7848 1.721200 1.75 to 1.79 3 41,014,044.52 4.49 93 5.5284 1.753802 1.80 to 1.84 4 31,183,459.73 3.41 73 5.8827 1.822720 1.85 to 1.89 3 18,243,710.18 2.00 93 5.8274 1.863718 1.90 to 1.94 8 48,075,209.72 5.26 69 5.9235 1.921217 1.95 to 1.99 3 39,320,592.82 4.30 93 5.3698 1.981403 2.00 to 2.09 3 17,465,620.28 1.91 92 5.9464 2.052596 2.10 to 2.24 2 3,892,689.35 0.43 93 5.9900 2.185000 2.25 to 2.49 4 24,941,198.37 2.73 93 6.3122 2.364779 2.50 or greater 3 27,291,145.95 2.99 90 7.2894 2.923801 Totals 130 913,670,832.05 100.00 87 5.9956 1.577820
Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 8 41,101,201.59 4.50 66 5.9356 1.474660 Lodging 11 57,264,946.70 6.27 91 7.1235 2.439661 Mixed Use 3 45,179,758.94 4.94 91 5.9292 1.558866 Mobile Home Park 6 27,076,061.84 2.96 51 5.5407 1.783193 Multi-Family 32 279,863,770.81 30.63 89 5.7953 1.421757 Office 19 126,449,358.03 13.84 76 5.8368 1.627122 Retail 45 317,534,036.89 34.75 93 6.0847 1.518824 Self Storage 6 19,201,697.23 2.10 93 6.0482 1.908917 Totals 130 913,670,832.05 100.00 87 5.9956 1.577820
Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 4.999% or less 0 0.00 0.00 0 0.0000 0.000000 5.000% to 5.249% 1 24,911,487.46 2.73 93 5.1200 1.990000 5.250% to 5.499% 10 105,002,961.26 11.49 82 5.3926 1.690943 5.500% to 5.749% 18 169,460,199.79 18.55 82 5.6481 1.506897 5.750% to 5.999% 28 194,723,680.21 21.31 84 5.9008 1.552058 6.000% to 6.249% 39 226,022,846.08 24.74 91 6.0733 1.514739 6.250% to 6.499% 11 73,655,799.45 8.06 95 6.3103 1.358908 6.500% to 6.749% 6 45,036,266.78 4.93 84 6.5814 1.382474 6.750% to 6.999% 6 29,550,985.27 3.23 91 6.8196 1.697058 7.000% to 7.249% 2 4,921,829.32 0.54 88 7.1183 0.824947 7.250% to 7.499% 6 33,025,906.26 3.61 91 7.4007 2.635934 7.500% to 8.249% 1 2,240,393.73 0.25 53 8.2000 1.660000 8.250% to 8.749% 1 939,650.81 0.10 53 8.5000 1.700000 8.750% or greater 1 4,178,825.63 0.46 69 8.8100 1.340000 Totals 130 913,670,832.05 100.00 87 5.9956 1.577820
Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 months or less 0 0.00 0.00 0 0.0000 0.000000 13 to 24 months 0 0.00 0.00 0 0.0000 0.000000 25 to 36 months 126 905,849,575.86 99.14 87 5.9738 1.578668 37 to 48 months 0 0.00 0.00 0 0.0000 0.000000 49 months and greater 4 7,821,256.19 0.86 68 8.5176 1.479644 Totals 130 913,670,832.05 100.00 87 5.9956 1.577820
Anticipated Remaining Term (ARD and Balloon Loans) Anticipated # of Scheduled % of WAM WAC Weighted Remaining Term (2) Loans Balance Agg. (2) Avg DSCR (1) Bal. 60 months or less 14 109,604,794.53 12.00 43 5.7905 1.635313 61 to 84 months 2 12,704,458.34 1.39 76 6.8438 1.541322 85 to 108 months 110 782,538,188.43 85.65 92 6.0089 1.574454 109 to 120 months 0 0.00 0.00 0 0.0000 0.000000 121 to 168 months 0 0.00 0.00 0 0.0000 0.000000 169 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 126 904,847,441.30 99.03 86 5.9942 1.581361
Remaining Stated Term (Fully Amortizing Loans) Remaining Stated # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. 120 months or less 0 0.00 0.00 0 0.0000 0.000000 121 to 192 months 4 8,823,390.75 0.97 162 6.1420 1.214690 193 to 264 months 0 0.00 0.00 0 0.0000 0.000000 265 to 336 months 0 0.00 0.00 0 0.0000 0.000000 337 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 4 8,823,390.75 0.97 162 6.1420 1.214690
Remaining Amortization Term (ARD and Balloon Loans) Remaining Amortization # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. Interest Only 9 131,677,075.53 14.41 78 5.7789 1.591643 120 months or less 0 0.00 0.00 0 0.0000 0.000000 121 to 192 months 0 0.00 0.00 0 0.0000 0.000000 193 to 264 months 4 20,045,137.87 2.19 86 6.2646 1.389722 265 to 336 months 113 753,125,227.90 82.43 87 6.0246 1.584664 337 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 126 904,847,441.30 99.03 86 5.9942 1.581361
Age of Most Recent NOI Age of Most # of Scheduled % of WAM WAC Weighted Recent NOI Loans Balance Agg. (2) Avg DSCR (1) Bal. Underwriter's Information 2 15,453,082.05 1.69 92 5.8695 1.355535 1 year or less 118 834,196,995.01 91.30 86 6.0042 1.591195 1 to 2 years 10 64,020,754.99 7.01 93 5.9134 1.457199 2 years or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 130 913,670,832.05 100.00 87 5.9956 1.577820 (1) The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. "NAP" means not applicable and relates to the ommission of credit lease loans in the calculation of DSCR. (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 the related mortgage loan as disclosed in the offering document.
Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type (1) City State Payment Payment Coupon 502737617 1 RT Chino CA 250,352.11 46,585.33 6.100% 502753516 2 RT McDonough GA 166,580.80 36,019.96 5.420% 502746711 3 MU Highland Park IL 155,324.41 31,513.59 5.900% 502754321 4 MF Liberty Lake WA 145,379.76 24,033.90 6.380% 502755016 5 MF Stockton CA 109,947.04 26,097.80 5.120% 502745113 6 MF Tampa FL 117,564.06 24,021.76 5.850% 502753714 7 MF San Diego CA 104,603.47 0.00 5.650% 502742421 8 LO La Jolla CA 120,958.69 22,977.34 7.400% 502743311 9 MF Cary NC 107,983.33 0.00 6.600% 410100012 10 RT Elizabethtown KY 94,632.13 25,955.43 6.250% 582000011 11 OF Scranton PA 83,334.98 22,114.97 5.610% 502760002 12 RT Las Vegas NV 91,220.86 16,083.70 6.200% 310100022 13 RT Poway CA 76,517.33 16,448.16 5.710% 310100033 14 OF Rockville MD 73,011.71 37,556.99 5.710% 502744001 15 MF Scottsdale AZ 67,272.66 15,056.75 5.500% 310100001 16 MF Hammond IN 60,743.80 18,903.87 5.900% 682000017 17 IN Fort Myers FL 63,595.06 11,628.41 6.110% 582000018 18 RT Puyallup WA 68,513.93 15,852.01 6.850% 502750923 19 MF San Antonio TX 56,233.12 12,457.94 5.650% 582000020 20 MF Riverton UT 54,739.87 12,353.62 5.590% 502743019 21 RT Emeryville CA 58,132.38 11,261.47 6.000% 682000022 22 OF Burbank CA 55,958.15 16,709.82 5.980% 502755612 23 MF Las Vegas NV 50,202.78 0.00 5.300% 310100041 24 MH Fort Lauderdale FL 47,912.22 0.00 5.350% 502751708 25 MF Gulf Breeze FL 49,717.48 10,366.03 5.800% 682000026 26 MU Annapolis MD 51,251.45 9,837.14 5.990% 310100007 27 OF Houston TX 50,384.65 10,008.10 5.920% 310100034 28 RT Corona CA 47,304.67 10,418.91 5.650% 582000029 29 RT Orting WA 50,197.64 9,693.14 5.990% 310100030 30 OF Fairfax VA 47,727.69 10,259.53 5.710% 502742510 31 IN El Paso TX 47,889.87 9,277.27 6.000% 310100021 32 OF Aurora IL 44,549.75 9,196.44 5.810% 502751009 33 OF San Diego CA 44,501.61 8,558.61 6.000% 582000034 34 OF Durham NC 43,212.29 8,723.20 5.880% 310100024 35 MF Decatur GA 39,049.96 9,462.86 5.415% 310100040 36 MH Fort Lauderdale FL 39,619.72 0.00 5.350% 310100032 37 OF Silver Spirng MD 38,258.67 8,224.07 5.710% 310100025 38 MF College Park GA 35,369.07 8,570.89 5.415% 502750015 39 RT Bermuda Run NC 39,282.10 7,554.79 6.000% 582000040 40 RT Hayward CA 42,524.26 6,777.05 6.500% 310100027 41 MF Jonesboro GA 32,738.58 7,933.44 5.415% 502752321 42 RT San Clemente CA 36,414.51 6,271.45 5.870% 682000043 43 MF Sumter SC 32,431.47 7,875.06 5.410% 502758020 44 LO Salisbury MD 38,705.07 9,217.63 6.650% 502732004 45 RT Fuquay - Varina NC 32,901.70 6,456.72 5.950% 502742430 46 LO St. Louis MO 40,319.56 7,659.12 7.400% 502744604 47 RT Lakeland FL 33,561.52 6,038.31 6.150% 502745010 48 RT Lebanon PA 32,646.48 6,324.30 6.000% 502747902 49 RT Covington GA 32,546.03 6,304.84 6.000% 582000050 50 MF Logan UT 29,007.45 6,546.37 5.590% 310100028 51 MF Decatur GA 28,034.47 6,793.52 5.415% 502752705 52 RT North Port FL 29,277.73 6,242.75 5.730% 310100031 53 OF Gaithersburg MD 28,426.19 6,110.49 5.710% 502748510 54 MF Greenville NC 27,986.24 6,126.64 5.665% 502748213 55 RT Edison NJ 29,213.39 5,506.10 6.050% 502754316 56 MF Hoboken NJ 27,750.09 5,501.40 5.910% 502745411 57 MF Victorville CA 28,827.51 5,001.17 6.240% 582000058 58 RT Goleta CA 23,625.54 20,255.02 6.000% 310100008 59 OF North Adams MA 26,003.29 6,476.42 6.010% 502739621 60 RT Clarksville TN 27,809.18 4,632.05 6.375% 502744614 61 RT Bakersfield CA 27,219.59 4,797.70 6.250% 582000062 62 SS Reno NV 25,359.22 7,293.94 6.090% 682000063 63 MU Baltimore MD 24,331.87 4,670.24 5.990% 502749325 64 IN Orlando FL 22,697.53 4,790.14 5.770% 582000065 65 MF Largo FL 25,573.29 4,133.91 6.500% 310100036 66 LO Lakeland FL 25,634.94 5,806.53 6.800% 502748502 67 IN Orlando FL 20,953.48 4,795.01 5.570% 502748709 68 IN San Diego CA 21,873.67 4,206.78 6.000% 502744302 69 RT Anaheim CA 22,636.56 3,935.49 6.250% 582000070 70 RT Independence MO 31,725.55 3,078.00 8.810% 582000071 71 RT Riverside CA 21,186.70 4,157.74 5.950% 502754319 72 MF Albuquerque NM 20,133.26 3,848.76 6.000% 502753401 73 SS Lake Mary FL 20,133.26 3,848.76 6.000% 502751306 74 RT Franklin Park IL 20,367.54 3,820.60 6.080% 310100037 75 LO Montgomery AL 22,352.76 5,063.09 6.800% 502743602 76 RT Tucson AZ 21,733.80 3,173.93 6.700% 310100039 77 LO Tallahassee FL 21,277.56 4,819.55 6.800% 502745007 78 MF Norfolk VA 18,605.19 3,578.18 6.000% 502753403 79 SS Altamonte Springs FL 17,868.26 3,415.78 6.000% 310100026 80 MF College Park GA 16,027.46 3,883.89 5.415% 502751502 81 RT Des Plaines IL 18,375.15 3,174.95 6.250% 310100006 82 MF Minneapolis MN 18,873.23 4,759.02 6.500% 682000083 83 RT Ontario CA 17,882.29 3,327.53 6.100% 502751771 84 RT Virginia Beach VA 16,232.44 3,103.06 6.000% 502747407 85 RT Wichita Falls TX 16,364.46 4,678.29 6.150% 310100038 86 LO Savannah GA 18,108.57 4,101.74 6.800% 410100011 87 IN Harahan LA 15,167.38 4,205.03 5.700% 310100009 88 MH Eugene OR 15,657.54 4,803.90 5.920% 582000089 89 RT Shreveport LA 15,789.92 3,143.00 5.900% 310100035 90 LO Huntsville AL 17,882.21 4,050.47 6.800% 582000091 91 IN Altamonte Springs FL 15,146.07 3,216.47 5.740% 582000092 92 RT Weymouth MA 15,212.20 3,095.77 5.860% 502742420 93 LO Miamisburg OH 18,774.76 3,566.46 7.400% 682000094 94 OF Lutherville MD 15,124.20 2,902.92 5.990% 310100013 95 OF Monterey CA 15,892.04 2,696.70 6.310% 582000096 96 RT Bartlesville OK 14,547.98 3,054.62 5.800% 310100018 97 OF Nassau Bay TX 15,269.08 2,797.72 6.120% 582000098 98 MF St. Cloud MN 15,180.61 2,753.45 6.130% 582000099 99 MF Chubbuck ID 17,573.92 2,203.65 7.110% 502740410 100 SS Santa Clarita CA 14,890.40 4,242.53 6.160% 582000101 101 RT Kennesaw GA 14,596.61 2,790.36 6.000% 502750208 102 RT Toms River NJ 14,556.76 2,765.88 6.030% 502742414 103 LO Atlanta GA 16,928.06 3,215.66 7.400% 310100010 104 MF Irving TX 14,286.18 3,939.81 6.300% 502746701 105 RT Miami FL 13,500.57 2,615.35 6.000% 310100017 106 OF Tulsa OK 13,578.05 2,497.93 6.110% 502750309 107 MF Spokane WA 13,485.39 2,257.98 5.950% 682000108 108 OF Lutherville MD 12,561.63 2,411.06 5.990% 502746826 109 MF Virginia Beach VA 12,381.95 2,366.99 6.000% 502747320 110 RT Knoxville TN 12,690.25 2,206.26 6.250% 582000111 111 MF Spokane WA 11,496.00 3,516.07 5.910% 582000112 112 RT Phoenix MD 15,842.52 3,235.70 8.200% 502744605 113 RT Largo FL 11,975.34 2,111.45 6.200% 582000114 114 SS Everett WA 11,646.77 3,327.21 6.110% 502739403 115 RT Duluth GA 12,642.26 5,443.02 7.130% 582000116 116 RT Wilson NC 11,274.71 6,177.94 6.280% 310100020 117 MH Lakeland FL 11,073.30 2,116.70 6.000% 582000118 118 OF New Windsor NY 10,121.97 2,369.39 5.500% 682000119 119 OF Owings Mills MD 10,915.80 1,932.42 6.190% 502751313 120 SS Landover Hills MD 10,239.19 3,163.06 5.900% 410100004 121 RT Mesa AZ 10,490.52 1,823.82 6.250% 502750605 122 RT Decatur GA 9,668.73 2,126.69 6.090% 310100003 123 MF Dallas TX 8,661.52 1,842.79 5.750% 310100002 124 MH Santa Maria CA 8,941.15 1,663.76 6.100% 582000125 125 RT Tulsa OK 8,184.46 6,664.46 6.000% 502742418 126 LO Columbus OH 10,772.40 2,046.33 7.400% 682000127 127 OF Owings Mills MD 7,536.98 1,446.64 5.990% 310100044 128 MH Spokane WA 6,029.58 1,157.31 5.990% 582000129 129 RT Las Vegas NV 6,887.13 1,285.93 8.500% 582000130 130 IN Commack NY 2,880.91 1,653.44 7.450% Totals 4,721,264.16 963,000.36
Loan Anticipated Maturity Neg. Beginning Ending Paid Thru Number Repayment Date Amort Scheduled Scheduled Date Date (Y/N) Balance Balance 502737617 N/A 11/11/2012 N 47,660,899.32 47,614,313.99 04/11/2005 502753516 N/A 01/11/2013 N 35,691,637.09 35,655,617.13 04/11/2005 502746711 N/A 10/11/2012 N 30,572,327.75 30,540,814.16 04/11/2005 502754321 N/A 02/11/2013 N 26,462,085.23 26,438,051.33 04/11/2005 502755016 N/A 01/11/2013 N 24,937,585.26 24,911,487.46 04/11/2005 502745113 N/A 12/11/2012 N 23,337,777.74 23,313,755.98 04/11/2005 502753714 N/A 01/11/2010 N 21,500,000.00 21,500,000.00 04/11/2005 502742421 N/A 10/11/2012 N 18,982,182.58 18,959,205.24 04/11/2005 502743311 N/A 08/01/2012 N 19,000,000.00 19,000,000.00 04/01/2005 410100012 N/A 12/11/2012 N 17,583,260.77 17,557,305.34 04/11/2005 582000011 12/11/2009 12/11/2030 N 17,250,641.84 17,228,526.87 04/11/2005 502760002 01/11/2013 01/11/2033 N 17,086,113.64 17,070,029.94 04/11/2005 310100022 N/A 01/11/2013 N 15,561,968.49 15,545,520.33 04/11/2005 310100033 01/11/2013 01/11/2023 N 14,848,999.94 14,811,442.95 04/11/2005 502744001 N/A 01/11/2013 N 14,204,198.68 14,189,141.93 04/11/2005 310100001 N/A 11/11/2012 N 11,956,133.98 11,937,230.11 04/11/2005 682000017 N/A 01/11/2013 N 12,087,123.99 12,075,495.58 03/11/2005 582000018 N/A 08/01/2012 N 11,615,264.44 11,599,412.43 04/01/2005 502750923 N/A 12/11/2012 N 11,558,049.41 11,545,591.47 03/11/2005 582000020 N/A 01/11/2013 N 11,371,892.27 11,359,538.65 04/11/2005 502743019 11/11/2012 11/11/2032 N 11,251,429.27 11,240,167.80 04/11/2005 682000022 N/A 01/01/2008 N 10,866,832.63 10,850,122.81 04/01/2005 502755612 N/A 12/11/2012 N 11,000,000.00 11,000,000.00 04/11/2005 310100041 N/A 01/11/2008 N 10,400,000.00 10,400,000.00 04/11/2005 502751708 N/A 12/11/2012 N 9,954,555.62 9,944,189.59 04/11/2005 682000026 N/A 01/01/2013 N 9,936,194.98 9,926,357.84 04/01/2005 310100007 N/A 12/11/2007 N 9,883,650.12 9,873,642.02 04/11/2005 310100034 N/A 01/11/2013 N 9,722,911.68 9,712,492.77 04/11/2005 582000029 N/A 12/11/2012 N 9,731,892.99 9,722,199.85 04/11/2005 310100030 01/11/2013 01/11/2033 N 9,706,777.95 9,696,518.42 04/11/2005 502742510 N/A 11/11/2007 N 9,269,007.04 9,259,729.77 04/11/2005 310100021 N/A 01/11/2013 N 8,904,507.58 8,895,311.14 04/11/2005 502751009 N/A 12/11/2012 N 8,613,214.73 8,604,656.12 04/11/2005 582000034 12/11/2011 12/11/2032 N 8,534,355.91 8,525,632.71 04/11/2005 310100024 N/A 01/11/2013 N 8,374,577.25 8,365,114.39 04/11/2005 310100040 N/A 01/11/2008 N 8,600,000.00 8,600,000.00 04/11/2005 310100032 01/11/2013 01/11/2033 N 7,780,984.39 7,772,760.32 04/11/2005 310100025 N/A 01/11/2013 N 7,585,182.30 7,576,611.41 04/11/2005 502750015 N/A 12/11/2012 N 7,602,986.72 7,595,431.93 04/11/2005 582000040 N/A 10/11/2012 N 7,597,386.32 7,590,609.27 04/11/2005 310100027 N/A 01/11/2013 N 7,021,051.45 7,013,118.01 04/11/2005 502752321 N/A 01/11/2013 N 7,204,058.22 7,197,786.77 04/11/2005 682000043 N/A 01/11/2013 N 6,961,616.88 6,953,741.82 04/11/2005 502758020 N/A 01/11/2013 N 6,759,071.26 6,749,853.63 04/11/2005 502732004 N/A 12/01/2012 N 6,421,584.92 6,415,128.20 04/01/2005 502742430 N/A 10/11/2012 N 6,327,394.10 6,319,734.98 04/11/2005 502744604 N/A 01/11/2013 N 6,337,345.38 6,331,307.07 04/11/2005 502745010 N/A 11/11/2012 N 6,318,672.97 6,312,348.67 04/11/2005 502747902 N/A 11/11/2012 N 6,299,230.90 6,292,926.06 04/11/2005 582000050 N/A 01/11/2013 N 6,026,130.85 6,019,584.48 04/11/2005 310100028 N/A 01/11/2013 N 6,012,218.14 6,005,424.62 04/11/2005 502752705 N/A 01/11/2013 N 5,933,671.72 5,927,428.97 04/11/2005 310100031 01/11/2013 01/11/2033 N 5,781,271.29 5,775,160.80 04/11/2005 502748510 N/A 01/11/2013 N 5,737,008.84 5,730,882.20 04/11/2005 502748213 N/A 12/11/2012 N 5,607,474.70 5,601,968.60 04/11/2005 502754316 N/A 01/11/2013 N 5,452,776.50 5,447,275.10 03/11/2005 502745411 N/A 01/01/2013 N 5,364,922.14 5,359,920.97 04/01/2005 582000058 N/A 02/11/2018 N 4,725,108.16 4,704,853.14 04/11/2005 310100008 N/A 12/11/2012 N 5,024,520.32 5,018,043.90 04/11/2005 502739621 N/A 11/01/2012 N 5,065,808.37 5,061,176.32 04/01/2005 502744614 N/A 10/01/2012 N 5,057,575.43 5,052,777.73 04/01/2005 582000062 N/A 01/11/2013 N 4,835,701.36 4,828,407.42 04/11/2005 682000063 N/A 01/01/2013 N 4,717,257.18 4,712,586.94 04/01/2005 502749325 N/A 12/11/2009 N 4,568,183.57 4,563,393.43 04/11/2005 582000065 N/A 08/01/2007 N 4,568,924.98 4,564,791.07 04/01/2005 310100036 N/A 01/11/2013 N 4,377,883.10 4,372,076.57 04/11/2005 502748502 N/A 12/11/2007 N 4,368,595.45 4,363,800.44 04/11/2005 502748709 N/A 12/11/2012 N 4,233,613.96 4,229,407.18 04/11/2005 502744302 12/11/2012 12/11/2032 N 4,206,019.76 4,202,084.27 04/11/2005 582000070 N/A 01/01/2011 N 4,181,903.63 4,178,825.63 04/01/2005 582000071 12/01/2012 12/01/2032 N 4,135,111.45 4,130,953.71 04/01/2005 502754319 N/A 01/11/2013 N 3,896,759.09 3,892,910.33 04/11/2005 502753401 N/A 01/11/2013 N 3,896,759.09 3,892,910.33 04/11/2005 502751306 11/11/2012 11/11/2032 N 3,890,233.82 3,886,413.22 04/11/2005 310100037 N/A 01/11/2013 N 3,817,359.48 3,812,296.39 04/11/2005 502743602 11/11/2012 11/11/2032 N 3,767,052.97 3,763,879.04 04/11/2005 310100039 N/A 01/11/2013 N 3,633,739.70 3,628,920.15 04/11/2005 502745007 N/A 12/11/2012 N 3,601,004.98 3,597,426.80 04/11/2005 502753403 N/A 01/11/2013 N 3,458,373.76 3,454,957.98 04/11/2005 310100026 N/A 01/11/2013 N 3,437,217.77 3,433,333.88 04/11/2005 502751502 N/A 01/11/2013 N 3,414,220.62 3,411,045.67 04/11/2005 310100006 N/A 12/11/2012 N 3,371,892.79 3,367,133.77 04/11/2005 682000083 N/A 11/01/2012 N 3,404,349.90 3,401,022.37 04/01/2005 502751771 01/11/2013 01/11/2033 N 3,141,762.12 3,138,659.06 04/11/2005 502747407 11/11/2012 11/11/2027 N 3,090,063.59 3,085,385.30 04/11/2005 310100038 N/A 01/11/2013 N 3,092,544.36 3,088,442.62 04/11/2005 410100011 N/A 01/11/2010 N 3,090,128.59 3,085,923.56 04/11/2005 310100009 N/A 12/11/2012 N 3,071,444.73 3,066,640.83 04/11/2005 582000089 01/11/2013 01/11/2033 N 3,107,911.33 3,104,768.33 04/11/2005 310100035 N/A 01/11/2013 N 3,053,887.58 3,049,837.11 04/11/2005 582000091 N/A 01/11/2013 N 3,064,282.08 3,061,065.61 04/11/2005 582000092 N/A 12/11/2012 N 3,014,637.38 3,011,541.61 04/11/2005 502742420 N/A 10/11/2012 N 2,946,343.73 2,942,777.27 04/11/2005 682000094 N/A 01/01/2013 N 2,932,151.73 2,929,248.81 04/01/2005 310100013 N/A 12/11/2012 N 2,924,765.64 2,922,068.94 04/11/2005 582000096 N/A 11/11/2012 N 2,912,833.23 2,909,778.61 04/11/2005 310100018 N/A 12/11/2012 N 2,897,359.10 2,894,561.38 04/11/2005 582000098 N/A 01/11/2013 N 2,875,872.95 2,873,119.50 04/11/2005 582000099 N/A 09/01/2012 N 2,870,382.59 2,868,178.94 04/01/2005 502740410 N/A 11/11/2012 N 2,807,154.98 2,802,912.45 04/11/2005 582000101 N/A 01/11/2013 N 2,825,150.22 2,822,359.86 04/11/2005 502750208 12/11/2012 12/11/2032 N 2,803,420.91 2,800,655.03 04/11/2005 502742414 N/A 10/11/2012 N 2,656,539.55 2,653,323.89 04/11/2005 310100010 N/A 09/11/2012 N 2,633,397.21 2,629,457.40 04/11/2005 502746701 N/A 11/11/2012 N 2,613,014.17 2,610,398.82 04/11/2005 310100017 N/A 12/11/2012 N 2,580,696.90 2,578,198.97 04/11/2005 502750309 N/A 12/11/2012 N 2,632,007.95 2,629,749.97 04/11/2005 682000108 N/A 01/01/2013 N 2,435,342.01 2,432,930.95 04/01/2005 502746826 N/A 01/11/2013 N 2,396,506.91 2,394,139.92 04/11/2005 502747320 12/11/2012 12/11/2032 N 2,357,929.40 2,355,723.14 04/11/2005 582000111 N/A 01/11/2013 N 2,258,916.84 2,255,400.77 04/11/2005 582000112 N/A 09/01/2009 N 2,243,629.43 2,240,393.73 04/01/2005 502744605 N/A 01/11/2013 N 2,243,039.93 2,240,928.48 04/11/2005 582000114 N/A 01/11/2013 N 2,213,630.53 2,210,303.32 04/11/2005 502739403 N/A 06/01/2012 N 2,059,093.40 2,053,650.38 04/01/2005 582000116 N/A 01/11/2021 N 2,084,905.53 2,078,727.59 04/11/2005 310100020 N/A 01/11/2013 N 2,143,219.67 2,141,102.97 04/11/2005 582000118 N/A 01/11/2008 N 2,137,189.41 2,134,820.02 04/11/2005 682000119 N/A 01/01/2013 N 2,047,884.90 2,045,952.48 04/01/2005 502751313 N/A 12/11/2012 N 2,015,368.79 2,012,205.73 04/11/2005 410100004 N/A 12/11/2012 N 1,949,205.54 1,947,381.72 04/11/2005 502750605 N/A 01/11/2013 N 1,843,710.90 1,841,584.21 04/11/2005 310100003 N/A 12/11/2012 N 1,749,311.74 1,747,468.95 04/11/2005 310100002 N/A 11/11/2012 N 1,702,174.92 1,700,511.16 04/11/2005 582000125 N/A 01/11/2018 N 1,584,088.46 1,577,424.00 04/11/2005 502742418 N/A 10/11/2012 N 1,690,525.19 1,688,478.86 04/11/2005 682000127 N/A 01/01/2013 N 1,461,205.04 1,459,758.40 04/01/2005 310100044 N/A 01/11/2013 N 1,168,964.20 1,167,806.89 04/11/2005 582000129 N/A 09/01/2009 N 940,936.74 939,650.81 04/01/2005 582000130 N/A 10/01/2018 N 464,039.46 462,386.02 04/01/2005 Totals 914,633,832.41 913,670,832.05
Loan Appraisal Appraisal Res. Mod. Number Reduction Reduction Strat. Code Date Amount (2) (3) 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 IW - Industrial/Warehouse (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 Date # Balance # Balance # Balance 04/15/2005 0 $0.00 0 $0.00 0 $0.00 03/15/2005 0 $0.00 0 $0.00 0 $0.00 02/15/2005 0 $0.00 0 $0.00 0 $0.00 01/18/2005 0 $0.00 0 $0.00 0 $0.00 12/15/2004 0 $0.00 0 $0.00 0 $0.00 11/15/2004 0 $0.00 0 $0.00 0 $0.00 10/15/2004 0 $0.00 0 $0.00 0 $0.00 09/15/2004 0 $0.00 0 $0.00 0 $0.00 08/16/2004 0 $0.00 0 $0.00 0 $0.00 07/15/2004 0 $0.00 0 $0.00 0 $0.00 06/15/2004 0 $0.00 0 $0.00 0 $0.00 05/17/2004 0 $0.00 0 $0.00 0 $0.00
Distribution Foreclosure REO Modifications Date # Balance # Balance # Balance 04/15/2005 0 $0.00 0 $0.00 0 $0.00 03/15/2005 0 $0.00 0 $0.00 0 $0.00 02/15/2005 0 $0.00 0 $0.00 0 $0.00 01/18/2005 0 $0.00 0 $0.00 0 $0.00 12/15/2004 0 $0.00 0 $0.00 0 $0.00 11/15/2004 0 $0.00 0 $0.00 0 $0.00 10/15/2004 0 $0.00 0 $0.00 0 $0.00 09/15/2004 0 $0.00 0 $0.00 0 $0.00 08/16/2004 0 $0.00 0 $0.00 0 $0.00 07/15/2004 0 $0.00 0 $0.00 0 $0.00 06/15/2004 0 $0.00 0 $0.00 0 $0.00 05/17/2004 0 $0.00 0 $0.00 0 $0.00
Prepayments Rate and Maturities Distribution Curtailments Payoff Next Weighted Avg. WAM Date # Amount # Amount Coupon Remit 04/15/2005 0 $0.00 0 $0.00 5.995579% 5.946158% 87 03/15/2005 0 $0.00 0 $0.00 5.995606% 5.946185% 88 02/15/2005 0 $0.00 0 $0.00 5.995662% 5.946240% 89 01/18/2005 0 $0.00 0 $0.00 5.995679% 5.946256% 90 12/15/2004 0 $0.00 0 $0.00 5.995721% 5.946297% 91 11/15/2004 0 $0.00 0 $0.00 5.995773% 5.946348% 92 10/15/2004 0 $0.00 0 $0.00 5.995814% 5.946388% 93 09/15/2004 0 $0.00 0 $0.00 5.995865% 5.946438% 94 08/16/2004 0 $0.00 0 $0.00 5.995905% 5.946477% 95 07/15/2004 0 $0.00 0 $0.00 5.995944% 5.946515% 96 06/15/2004 0 $0.00 0 $0.00 5.996018% 5.946589% 97 05/17/2004 0 $0.00 0 $0.00 5.996078% 5.946647% 98 Note: Foreclosure and REO Totals are excluded from the delinquencies aging categories.
Delinquency Loan Detail Offering # of Paid Through Current Outstanding Status of Loan Number Document Months Date P & I P & I Mortgage Cross- Delinq. Advances Advances ** Loan (1) Reference 682000017 17 0 03/11/2005 74,316.93 74,316.93 B 502750923 19 0 03/11/2005 68,305.80 68,305.80 B 502754316 56 0 03/11/2005 33,069.73 33,069.73 B Totals 3 175,692.46 175,692.46
Resolution Servicing Actual Outstanding Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO Number Code (2) Date Date Balance Advances Date Date 682000017 12,087,123.99 0.00 502750923 11,558,049.41 0.00 502754316 5,452,776.50 0.00 Totals 29,097,949.90 0.00
Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances** Balance Advances Totals By Delinquency Code: Total for Status Code = B (3 loans) 175,692.46 175,692.46 29,097,949.90 0.00 (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 No Specially Serviced Loans this Period Specially Serviced Loan Detail - Part 2 No Specially Serviced Loans this Period Modified Loan Detail No Modified Loans Liquidated Loan Detail No Liquidated Loans -----END PRIVACY-ENHANCED MESSAGE-----