-----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, BIQpyWzZjhKP675E4Hm3FjX/TomSMK4CfNgHPFQJfB9wA0PIE74IkOqKrqgTDsd1 zk9e2sbm+kcfPrFbTiz3RA== 0001056404-04-002621.txt : 20040823 0001056404-04-002621.hdr.sgml : 20040823 20040820191139 ACCESSION NUMBER: 0001056404-04-002621 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040820 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040823 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GS MORT SEC CORP II COMMERCIAL MORT PS THR CERT SER 2004 C1 CENTRAL INDEX KEY: 0001285514 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: 333-71033-02 FILM NUMBER: 04989932 BUSINESS ADDRESS: STREET 1: 85 BROAD ST CITY: NEW YORK STATE: NY ZIP: 10004 8-K 1 gsm04c01_aug.txt AUGUST 8K 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: August 10, 2004 (Date of earliest event reported) Commission File No.: 333-71033-02 GS Mortgage Securities Corporation II Commercial Mortgage Pass-Through Certificates Series 2004-C1 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 54-2151890 54-2151891 54-2151892 54-2151893 54-2151894 54-6612478 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, Maryland 21045 (Address of principal executive offices) (Zip Code) (410) 884-2000 Registrant's Full Telephone Number (Former name, former address and former fiscal year, if changed since last report) ITEM 5. Other Events On August 10, 2004, a distribution was made to holders of GS Mortgage Securities Corporation II, Commercial Mortgage Pass-Through Certificates, Series 2004-C1. 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 2004-C1, relating to the August 10, 2004 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. GS Mortgage Securities Corporation II Commercial Mortgage Pass-Through Certificates Series 2004-C1 By: Wells Fargo Bank N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: August 10, 2004 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2004-C1, relating to the August 10, 2004 distribution. Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 GS Mortgage Securities Corporation II Commercial Mortgage Pass-Through Certificates Series 2004-C1 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: August 10, 2004 Record Date: July 30, 2004 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 16 Mortgage Loan Detail 17 - 19 Principal Prepayment Detail 20 Historical Detail 21 Delinquency Loan Detail 22 - 23 Specially Serviced Loan Detail 24 - 25 Modified Loan Detail 26 Liquidated Loan Detail 27 Depositor GS Mortgage Securities Corporation II 85 Broad Street New York, NY 10004 Contact: Dan Sparks Phone Number: (212) 902-1000 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 Allied Capital Corporation 1919 Pennsylvania Ave, N.W. Washington, DC 20006-3434 Contact: Suzanne Sparrow Phone Number: (202) 331-1112 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 2004, Wells Fargo Bank, N.A.
Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Interest Rate Balance Balance Distribution Distribution A-1 36228CSF1 3.659000% 410,640,000.00 409,582,813.47 329,596.81 1,248,886.26 A-2 36228CSG9 4.319000% 190,490,000.00 190,490,000.00 0.00 685,605.26 A-1A 36228CSM6 3.701000% 168,447,000.00 168,437,528.58 2,880.30 519,489.41 B 36228CSH7 4.458000% 20,076,000.00 20,076,000.00 0.00 74,582.34 C 36228CSJ3 4.515000% 7,808,000.00 7,808,000.00 0.00 29,377.60 D 36228CSK0 4.596000% 16,730,000.00 16,730,000.00 0.00 64,075.90 E 36228CSL8 4.685000% 12,268,000.00 12,268,000.00 0.00 47,896.32 F 36228CSQ7 4.358000% 13,384,000.00 13,384,000.00 0.00 48,606.23 G 36228CSR5 4.455000% 7,808,000.00 7,808,000.00 0.00 28,987.20 H 36228CSS3 4.845000% 7,807,000.00 7,807,000.00 0.00 31,520.76 J 36228CST1 4.561000% 5,577,000.00 5,577,000.00 0.00 21,197.25 K 36228CSU8 4.561000% 3,346,000.00 3,346,000.00 0.00 12,717.59 L 36228CSV6 4.561000% 3,346,000.00 3,346,000.00 0.00 12,717.59 M 36228CSW4 4.561000% 4,461,000.00 4,461,000.00 0.00 16,955.52 N 36228CSX2 4.561000% 3,346,000.00 3,346,000.00 0.00 12,717.59 O 36228CSY0 4.561000% 3,346,000.00 3,346,000.00 0.00 12,717.59 P 36228CSZ7 4.561000% 13,384,316.00 13,384,316.00 0.00 50,871.55 R N/A 0.000000% 0.00 0.00 0.00 0.00 LR N/A 0.000000% 0.00 0.00 0.00 0.00 Totals 892,264,316.00 891,197,658.05 332,477.11 2,918,921.96
Class CUSIP Prepayment Realized Loss/ Total Ending Current Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level (1) A-1 36228CSF1 0.00 0.00 1,578,483.07 409,253,216.66 13.77% A-2 36228CSG9 0.00 0.00 685,605.26 190,490,000.00 13.77% A-1A 36228CSM6 0.00 0.00 522,369.71 168,434,648.28 13.77% B 36228CSH7 0.00 0.00 74,582.34 20,076,000.00 11.52% C 36228CSJ3 0.00 0.00 29,377.60 7,808,000.00 10.64% D 36228CSK0 0.00 0.00 64,075.90 16,730,000.00 8.76% E 36228CSL8 0.00 0.00 47,896.32 12,268,000.00 7.39% F 36228CSQ7 0.00 0.00 48,606.23 13,384,000.00 5.88% G 36228CSR5 0.00 0.00 28,987.20 7,808,000.00 5.01% H 36228CSS3 0.00 0.00 31,520.76 7,807,000.00 4.13% J 36228CST1 0.00 0.00 21,197.25 5,577,000.00 3.51% K 36228CSU8 0.00 0.00 12,717.59 3,346,000.00 3.13% L 36228CSV6 0.00 0.00 12,717.59 3,346,000.00 2.75% M 36228CSW4 0.00 0.00 16,955.52 4,461,000.00 2.25% N 36228CSX2 0.00 0.00 12,717.59 3,346,000.00 1.88% O 36228CSY0 0.00 0.00 12,717.59 3,346,000.00 1.50% P 36228CSZ7 0.00 0.00 50,871.55 13,384,316.00 0.00% R N/A 0.00 0.00 0.00 0.00 0.00% LR N/A 0.00 0.00 0.00 0.00 0.00% Totals 0.00 0.00 3,251,399.07 890,865,180.94
Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount X-1 36228CSN4 0.073032% 892,264,316.00 891,197,658.05 54,238.07 X-2 36228CSP9 1.182140% 846,916,000.00 846,916,000.00 834,311.40
Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount X-1 36228CSN4 0.00 54,238.07 890,865,180.94 X-2 36228CSP9 0.00 834,311.40 846,916,000.00 (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 36228CSF1 997.42551498 0.80264175 3.04131663 0.00000000 0.00000000 996.62287322 A-2 36228CSG9 1,000.00000000 0.00000000 3.59916668 0.00000000 0.00000000 1,000.00000000 A-1A 36228CSM6 999.94377211 0.01709915 3.08399324 0.00000000 0.00000000 999.92667296 B 36228CSH7 1,000.00000000 0.00000000 3.71500000 0.00000000 0.00000000 1,000.00000000 C 36228CSJ3 1,000.00000000 0.00000000 3.76250000 0.00000000 0.00000000 1,000.00000000 D 36228CSK0 1,000.00000000 0.00000000 3.83000000 0.00000000 0.00000000 1,000.00000000 E 36228CSL8 1,000.00000000 0.00000000 3.90416694 0.00000000 0.00000000 1,000.00000000 F 36228CSQ7 1,000.00000000 0.00000000 3.63166692 0.00000000 0.00000000 1,000.00000000 G 36228CSR5 1,000.00000000 0.00000000 3.71250000 0.00000000 0.00000000 1,000.00000000 H 36228CSS3 1,000.00000000 0.00000000 4.03749968 0.00000000 0.00000000 1,000.00000000 J 36228CST1 1,000.00000000 0.00000000 3.80083378 0.00000000 0.00000000 1,000.00000000 K 36228CSU8 1,000.00000000 0.00000000 3.80083383 0.00000000 0.00000000 1,000.00000000 L 36228CSV6 1,000.00000000 0.00000000 3.80083383 0.00000000 0.00000000 1,000.00000000 M 36228CSW4 1,000.00000000 0.00000000 3.80083389 0.00000000 0.00000000 1,000.00000000 N 36228CSX2 1,000.00000000 0.00000000 3.80083383 0.00000000 0.00000000 1,000.00000000 O 36228CSY0 1,000.00000000 0.00000000 3.80083383 0.00000000 0.00000000 1,000.00000000 P 36228CSZ7 1,000.00000000 0.00000000 3.80083300 0.00000000 0.00000000 1,000.00000000 R N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 LR N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
Class CUSIP Beginning Interest Prepayment Ending Notional Distribution Penalties Notional Amount Amount X-1 36228CSN4 998.80454936 0.06078700 0.00000000 998.43192759 X-2 36228CSP9 1,000.00000000 0.98511706 0.00000000 1,000.00000000
Reconciliation Detail Advance Summary P & I Advances Outstanding 656,987.31 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
Servicing Fee Summary Current Period Accrued Master Servicing Fees 35,405.05 Less Delinquent Master Servicing Fees 5,799.50 Less Reductions to Master Servicing Fees 0.00 Plus Adjustments for Prior Master Servicing Calculation 0.00 Plus Master Servicing Fees for Delinquent Payments Received 5,463.76 Total Master Servicing Fees Collected 35,405.05
Certificate Interest Reconciliation Class Accrued Net Aggregate Distributable Distributable Certificate Prepayment Certificate Certificate Interest Interest Interest Interest Shortfall Adjustment A-1 1,248,886.26 0.00 1,248,886.26 0.00 A-2 685,605.26 0.00 685,605.26 0.00 A-1A 519,489.41 0.00 519,489.41 0.00 X-1 54,238.07 0.00 54,238.07 0.00 X-2 834,311.40 0.00 834,311.40 0.00 B 74,582.34 0.00 74,582.34 0.00 C 29,377.60 0.00 29,377.60 0.00 D 64,075.90 0.00 64,075.90 0.00 E 47,896.32 0.00 47,896.32 0.00 F 48,606.23 0.00 48,606.23 0.00 G 28,987.20 0.00 28,987.20 0.00 H 31,520.76 0.00 31,520.76 0.00 J 21,197.25 0.00 21,197.25 0.00 K 12,717.59 0.00 12,717.59 0.00 L 12,717.59 0.00 12,717.59 0.00 M 16,955.52 0.00 16,955.52 0.00 N 12,717.59 0.00 12,717.59 0.00 O 12,717.59 0.00 12,717.59 0.00 P 50,871.55 0.00 50,871.55 0.00 Total 3,807,471.43 0.00 3,807,471.43 0.00
Class Additional Interest Yield Total Aggregate Trust Fund Distribution Maintenance Interest Interest Expenses Distribution Shortfall A-1 0.00 1,248,886.26 $0.00 1,248,886.26 0.00 A-2 0.00 685,605.26 $0.00 685,605.26 0.00 A-1A 0.00 519,489.41 $0.00 519,489.41 0.00 X-1 0.00 54,238.07 $0.00 54,238.07 0.00 X-2 0.00 834,311.40 $0.00 834,311.40 0.00 B 0.00 74,582.34 $0.00 74,582.34 0.00 C 0.00 29,377.60 $0.00 29,377.60 0.00 D 0.00 64,075.90 $0.00 64,075.90 0.00 E 0.00 47,896.32 $0.00 47,896.32 0.00 F 0.00 48,606.23 $0.00 48,606.23 0.00 G 0.00 28,987.20 $0.00 28,987.20 0.00 H 0.00 31,520.76 $0.00 31,520.76 0.00 J 0.00 21,197.25 $0.00 21,197.25 0.00 K 0.00 12,717.59 $0.00 12,717.59 0.00 L 0.00 12,717.59 $0.00 12,717.59 0.00 M 0.00 16,955.52 $0.00 16,955.52 0.00 N 0.00 12,717.59 $0.00 12,717.59 0.00 O 0.00 12,717.59 $0.00 12,717.59 0.00 P 0.00 50,871.55 $0.00 50,871.55 0.00 Total 0.00 3,807,471.43 $0.00 3,807,471.43 0.00
Other Required Information Available Distribution Amount (1) 4,139,948.54 Aggregate Number of Outstanding Loans 67 Aggregate Stated Principal Balance of Loans Before Distribution 891,197,658.31 Aggregate Stated Principal Balance of Loans After Distribution 890,865,181.20 Aggregate Unpaid Principal Balance of Loans 890,978,761.67 Aggregate Amount of Servicing Fee 35,405.05 Aggregate Amount of Special Servicing Fee 0.00 Aggregate Amount of Trustee Fee 2,067.98 Aggregate Trust Fund Expenses 0.00 Specially Serviced Loans not Delinquent Number of Outstanding Loans 0 Aggregate Unpaid Principal Balance 0.00 Interest Reserve Account Deposits 0.00 Withdrawals 0.00 (1) The Available Distribution Amount includes any Prepayment Premiums.
Appraisal Reduction Amount None Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 3,844,944.47 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 3,844,944.47 Principal: Scheduled Principal 332,477.11 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 332,477.11 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 4,177,421.58 Total Funds Distributed Fees: Master Servicing Fee 35,405.05 Trustee Fee 2,067.98 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 37,473.03 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 3,807,471.43 Principal Distribution 332,477.11 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 4,139,948.54 Total Funds Distributed 4,177,421.57
Ratings Detail Class CUSIP Original Ratings Current Ratings (1) Fitch Moody's S & P Fitch Moody's S & P A-1 36228CSF1 AAA Aaa X AAA Aaa X A-2 36228CSG9 AAA Aaa X AAA Aaa X A-1A 36228CSM6 AAA Aaa X AAA Aaa X X-1 36228CSN4 AAA Aaa X AAA Aaa X X-2 36228CSP9 AAA Aaa X AAA Aaa X B 36228CSH7 AA Aa2 X AA Aa2 X C 36228CSJ3 AA- Aa3 X AA- Aa3 X D 36228CSK0 A A2 X A A2 X E 36228CSL8 A- A3 X A- A3 X F 36228CSQ7 BBB+ Baa1 X BBB+ Baa1 X G 36228CSR5 BBB Baa2 X BBB Baa2 X H 36228CSS3 BBB- Baa3 X BBB- Baa3 X J 36228CST1 BB+ Ba1 X BB+ Ba1 X K 36228CSU8 BB Ba2 X BB Ba2 X L 36228CSV6 BB- Ba3 X BB- Ba3 X M 36228CSW4 B+ B1 X B+ B1 X N 36228CSX2 B B2 X B B2 X O 36228CSY0 B- B3 X B- B3 X P 36228CSZ7 NR NR X NR NR X 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. 2,999,999 or less 6 14,909,787.60 1.67 56 5.2700 1.775814 3,000,000 to 4,999,999 9 35,845,755.89 4.02 66 5.0623 2.102689 5,000,000 to 6,999,999 12 72,917,050.49 8.18 59 4.8716 2.180761 7,000,000 to 9,999,999 16 133,788,480.70 15.02 58 4.9923 2.033914 10,000,000 to 14,999,999 5 68,896,467.71 7.73 58 4.7073 2.267543 15,000,000 to 17,999,999 5 78,325,000.00 8.79 54 4.8321 2.124293 18,000,000 to 29,999,999 7 160,807,796.07 18.05 58 5.1627 1.943232 30,000,000 or greater 7 325,374,842.74 36.52 61 5.0871 2.011447 Totals 67 890,865,181.20 100.00 59 5.0191 2.045821
State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alabama 1 4,854,270.21 0.54 43 4.4100 2.200000 Arizona 4 78,350,000.00 8.79 49 5.0261 1.993031 California 9 91,178,681.85 10.23 51 4.9265 2.175191 Colorado 2 28,000,000.00 3.14 53 4.8214 2.062143 Florida 6 69,329,270.21 7.78 54 4.9540 2.006810 Georgia 1 5,600,000.00 0.63 72 4.2000 3.440000 Idaho 1 4,854,270.21 0.54 43 4.4100 2.200000 Illinois 3 67,591,598.38 7.59 74 5.0251 2.066946 Maryland 1 16,000,000.00 1.80 44 5.2500 2.130000 Michigan 3 42,017,838.90 4.72 53 5.3250 1.769392 Minnesota 7 42,545,000.00 4.78 78 4.8574 2.461552 Mississippi 1 4,854,270.21 0.54 43 4.4100 2.200000 Nevada 3 20,971,467.71 2.35 70 5.5905 1.644376 New York 31 100,478,083.20 11.28 68 5.5954 1.692547 North Carolina 7 57,758,540.43 6.48 54 4.4730 2.344342 Ohio 4 46,100,260.71 5.17 64 5.3799 1.655910 Pennsylvania 1 4,300,000.00 0.48 72 4.2000 3.440000 South Carolina 1 4,854,270.21 0.54 43 4.4100 2.200000 Texas 12 117,915,358.94 13.24 64 5.0588 1.953752 Virginia 3 63,000,000.00 7.07 48 4.5560 2.497857 Wisconsin 4 20,312,000.00 2.28 51 4.8893 1.847444 Totals 105 890,865,181.20 100.00 59 5.0191 2.045821
Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. 1.59 or less 9 101,423,339.69 11.38 69 5.6619 1.507248 1.60 to 1.69 4 72,441,213.67 8.13 65 5.5685 1.640997 1.70 to 1.79 6 90,534,075.96 10.16 60 5.2286 1.749647 1.80 to 1.99 16 205,653,850.10 23.08 60 5.0290 1.934261 2.00 to 2.19 15 173,925,000.00 19.52 57 4.8747 2.099805 2.20 to 2.49 7 131,667,701.78 14.78 45 4.6491 2.262432 2.50 to 2.99 6 84,495,000.00 9.48 57 4.6402 2.710394 3.00 to 3.39 1 7,425,000.00 0.83 77 4.8800 3.010000 3.40 or greater 3 23,300,000.00 2.62 72 4.2000 3.440000 Totals 67 890,865,181.20 100.00 59 5.0191 2.045821
Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 37 84,704,562.35 9.51 67 5.2893 1.849663 Lodging 1 32,309,298.47 3.63 56 5.6000 1.640000 Multi-Family 23 168,435,308.45 18.91 52 4.8255 1.874170 Office 13 274,648,670.41 30.83 59 5.0859 2.113219 Retail 30 326,373,585.62 36.64 61 4.9225 2.176794 Self Storage 1 4,393,755.89 0.49 75 5.9700 1.450000 Totals 105 890,865,181.20 100.00 59 5.0191 2.045821
Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 4.500% or less 13 176,467,701.78 19.81 51 4.3593 2.462422 4.501% to 5.000% 25 282,454,842.49 31.71 59 4.8275 2.161748 5.001% to 5.500% 18 259,430,285.61 29.12 56 5.2214 1.923157 5.501% or greater 11 172,512,351.32 19.36 72 5.7038 1.614326 Totals 67 890,865,181.20 100.00 59 5.0191 2.045821
Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 Months or Less 52 654,997,479.42 73.52 64 5.1611 1.970332 13 to 24 Months 15 235,867,701.78 26.48 45 4.6249 2.255452 25 to 36 Months 0 0.00 0.00 0 0.0000 0.000000 37 Months or Greater 0 0.00 0.00 0 0.0000 0.000000 Totals 67 890,865,181.20 100.00 59 5.0191 2.045821
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. 55 months or less 37 494,138,295.84 55.47 49 4.8554 2.072826 56 to 60 months 8 71,509,298.47 8.03 56 4.9374 1.840649 70 to 80 months 20 277,717,586.89 31.17 75 5.2108 2.137006 81 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 65 843,365,181.20 94.67 58 4.9794 2.074274
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 51 574,127,000.00 64.45 56 4.8562 2.194990 300 months or less 4 87,822,235.29 9.86 50 4.9599 1.932400 325 to 359 months 10 181,415,945.91 20.36 70 5.3787 1.760923 360 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 65 843,365,181.20 94.67 58 4.9794 2.074274
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 67 890,865,181.20 100.00 59 5.0191 2.045821 1 Year or Less 0 0.00 0.00 0 0.0000 0.000000 1 to 2 Years 0 0.00 0.00 0 0.0000 0.000000 2 Years or Greater 0 0.00 0.00 0 0.0000 0.000000 Totals 67 890,865,181.20 100.00 59 5.0191 2.045821 (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 the related mortgage loan as disclosed in the offering document.
Current Mortgage Loan and Property Stratification Tables Loan Group One Scheduled Balance Scheduled # of Scheduled % of WAM WAC Weighted Balance Loans Balance Agg. (2) Avg DSCR (1) Bal. 2,999,999 or less 2 5,476,479.15 0.61 63 5.4959 1.692427 3,000,000 to 4,999,999 5 20,893,755.89 2.35 75 5.2346 2.219129 5,000,000 to 6,999,999 18 48,327,050.49 5.42 63 4.9693 2.327342 7,000,000 to 9,999,999 18 68,453,480.70 7.68 63 5.1990 2.210189 10,000,000 to 14,999,999 5 68,896,467.71 7.73 58 4.7073 2.267543 15,000,000 to 17,999,999 3 47,200,000.00 5.30 57 4.8623 2.224449 18,000,000 to 29,999,999 6 137,807,796.07 15.47 59 5.1816 1.972145 30,000,000 or greater 7 325,374,842.74 36.52 61 5.0871 2.011447 Totals 44 722,429,872.75 81.09 61 5.0643 2.085841
State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alabama 1 4,854,270.21 0.54 43 4.4100 2.200000 Arizona 4 78,350,000.00 8.79 49 5.0261 1.993031 California 8 84,428,681.85 9.48 51 4.9326 2.194794 Colorado 1 22,000,000.00 2.47 54 4.9500 2.060000 Florida 3 15,204,270.21 1.71 65 5.1518 2.435460 Georgia 1 5,600,000.00 0.63 72 4.2000 3.440000 Idaho 1 4,854,270.21 0.54 43 4.4100 2.200000 Illinois 3 67,591,598.38 7.59 74 5.0251 2.066946 Maryland 1 16,000,000.00 1.80 44 5.2500 2.130000 Michigan 3 42,017,838.90 4.72 53 5.3250 1.769392 Minnesota 7 42,545,000.00 4.78 78 4.8574 2.461552 Mississippi 1 4,854,270.21 0.54 43 4.4100 2.200000 Nevada 1 14,896,467.71 1.67 77 5.7700 1.490000 New York 31 100,478,083.20 11.28 68 5.5954 1.692547 North Carolina 5 43,958,540.43 4.93 55 4.3399 2.543028 Ohio 4 46,100,260.71 5.17 64 5.3799 1.655910 Pennsylvania 1 4,300,000.00 0.48 72 4.2000 3.440000 South Carolina 1 4,854,270.21 0.54 43 4.4100 2.200000 Texas 2 56,542,050.49 6.35 75 5.4095 2.045950 Virginia 3 63,000,000.00 7.07 48 4.5560 2.497857 Totals 82 722,429,872.75 81.09 61 5.0643 2.085841
Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. 1.59 or less 7 90,125,031.24 10.12 71 5.6870 1.503677 1.60 to 1.69 3 65,741,213.67 7.38 66 5.6621 1.639060 1.70 to 1.79 1 26,484,075.96 2.97 76 5.6100 1.750000 1.80 to 1.99 9 171,766,850.10 19.28 62 5.0593 1.937284 2.00 to 2.19 8 136,550,000.00 15.33 58 5.0291 2.117312 2.20 to 2.49 6 116,542,701.78 13.08 46 4.6619 2.264045 2.50 to 2.99 6 84,495,000.00 9.48 57 4.6402 2.710394 3.00 to 3.39 1 7,425,000.00 0.83 77 4.8800 3.010000 3.40 or greater 3 23,300,000.00 2.62 72 4.2000 3.440000 Totals 44 722,429,872.75 81.09 61 5.0643 2.085841
Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Industrial 37 84,704,562.35 9.51 67 5.2893 1.849663 Lodging 1 32,309,298.47 3.63 56 5.6000 1.640000 Office 13 274,648,670.41 30.83 59 5.0859 2.113219 Retail 30 326,373,585.62 36.64 61 4.9225 2.176794 Self Storage 1 4,393,755.89 0.49 75 5.9700 1.450000 Totals 82 722,429,872.75 81.09 61 5.0643 2.085841
Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 4.500% or less 7 141,592,701.78 15.89 50 4.3901 2.568095 4.501% to 5.000% 16 221,392,842.49 24.85 61 4.8497 2.219358 5.001% to 5.500% 11 189,910,285.61 21.32 58 5.2438 1.988824 5.501% or greater 10 169,534,042.87 19.03 72 5.7065 1.617389 Totals 44 722,429,872.75 81.09 61 5.0643 2.085841
Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 Months or Less 33 522,987,170.97 58.71 66 5.2273 2.005566 13 to 24 Months 11 199,442,701.78 22.39 45 4.6369 2.296343 25 to 36 Months 0 0.00 0.00 0 0.0000 0.000000 37 to 48 Months 0 0.00 0.00 0 0.0000 0.000000 49 Months or Greater 0 0.00 0.00 0 0.0000 0.000000 Totals 44 722,429,872.75 81.09 61 5.0643 2.085841
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. 55 months or less 21 364,902,987.39 40.96 48 4.8194 2.157348 56 to 60 months 1 32,309,298.47 3.63 56 5.6000 1.640000 70 to 80 months 20 277,717,586.89 31.17 75 5.2108 2.137006 81 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 42 674,929,872.75 75.76 60 5.0178 2.124212
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 29 408,670,000.00 45.87 57 4.8739 2.321716 300 months or less 4 87,822,235.29 9.86 50 4.9599 1.932400 325 to 359 months 9 178,437,637.46 20.03 70 5.3759 1.766280 360 months or greater 0 0.00 0.00 0 0.0000 0.000000 Totals 42 674,929,872.75 75.76 60 5.0178 2.124212
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 44 722,429,872.75 81.09 61 5.0643 2.085841 Totals 44 722,429,872.75 81.09 61 5.0643 2.085841 (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 the related mortgage loan as disclosed in the offering document.
Current Mortgage Loan and Property Stratification Tables Loan Group 2 Scheduled Balance Scheduled # of Scheduled % of WAM WAC Weighted Balance Loans Balance Agg. (2) Avg DSCR (1) Bal. 2,999,999 or less 4 9,433,308.45 1.06 52 5.1388 1.824224 3,000,000 to 4,999,999 4 14,952,000.00 1.68 54 4.8215 1.939977 5,000,000 to 6,999,999 4 24,590,000.00 2.76 50 4.6798 1.892684 7,000,000 to 9,999,999 8 65,335,000.00 7.33 52 4.7756 1.849225 15,000,000 to 17,999,999 2 31,125,000.00 3.49 48 4.7865 1.972410 18,000,000 or greater 1 23,000,000.00 2.58 54 5.0500 1.770000 Totals 23 168,435,308.45 18.91 52 4.8255 1.874170
State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. California 1 6,750,000.00 0.76 56 4.850000 1.930000 Colorado 1 6,000,000.00 0.67 47 4.350000 2.070000 Florida 3 54,125,000.00 6.08 51 4.898453 1.886397 Nevada 2 6,075,000.00 0.68 53 5.150494 2.022922 North Carolina 2 13,800,000.00 1.55 50 4.896957 1.711449 Texas 10 61,373,308.45 6.89 53 4.735674 1.868812 Wisconsin 4 20,312,000.00 2.28 51 4.889256 1.847444 Totals 23 168,435,308.45 18.91 52 4.825520 1.874170
Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. 1.59 or less 2 11,298,308.45 1.27 51 5.4616 1.535731 1.60 to 1.69 1 6,700,000.00 0.75 47 4.6500 1.660000 1.70 to 1.79 5 64,050,000.00 7.19 53 5.0709 1.749500 1.80 to 1.99 1 4,050,000.00 0.45 51 5.2800 1.800000 2.00 to 2.19 7 37,375,000.00 4.20 54 4.3107 2.035839 2.20 or greater 1 15,125,000.00 1.70 44 4.5500 2.250000 Totals 23 168,435,308.45 18.91 52 4.8255 1.874170
Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Multi-Family 23 168,435,308.45 18.91 52 4.8255 1.874170 Totals 23 168,435,308.45 18.91 52 4.8255 1.874170
Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 4.500% or less 6 34,875,000.00 3.91 54 4.2341 2.033391 4.501% to 5.000% 9 61,062,000.00 6.85 49 4.7468 1.952872 5.001% to 5.500% 7 69,520,000.00 7.80 52 5.1603 1.743770 5.501% or greater 1 2,978,308.45 0.33 53 5.5500 1.440000 Totals 23 168,435,308.45 18.91 52 4.8255 1.874170
Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 Months or Less 19 132,010,308.45 14.82 53 4.8990 1.830745 13 to 24 Months 4 36,425,000.00 4.09 46 4.5591 2.031551 25 to 36 Months 0 0.00 0.00 0 0.0000 0.000000 37 to 48 Months 0 0.00 0.00 0 0.0000 0.000000 49 Months or Greater 0 0.00 0.00 0 0.0000 0.000000 Totals 23 168,435,308.45 18.91 52 4.8255 1.874170
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. 55 months or less 16 129,235,308.45 14.51 50 4.9572 1.834175 56 months or greater 7 39,200,000.00 4.40 56 4.3913 2.006027 Totals 23 168,435,308.45 18.91 52 4.8255 1.874170
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 22 165,457,000.00 18.57 52 4.8152 1.881986 357 to 357 months 0 0.00 0.00 0 0.0000 0.000000 Totals 23 168,435,308.45 18.91 52 4.8255 1.874170
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 23 168,435,308.45 18.91 52 4.8255 1.874170 1 Year or Less 0 0.00 0.00 0 0.0000 0.000000 1 to 2 Years 0 0.00 0.00 0 0.0000 0.000000 Totals 23 168,435,308.45 18.91 52 4.8255 1.874170 (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 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 802000001 1 RT Chicago IL 238,963.21 63,305.94 4.970% 802000002 2 RT Tucson AZ 239,972.29 0.00 5.090% 802000003 3 OF Houston TX 232,284.72 0.00 5.395% 802000004 4 RT Various Various 184,685.28 90,682.93 4.410% 724000137 5 OF New York NY 219,225.11 0.00 5.786% 802000006 6 OF Fairfax City VA 155,000.00 0.00 4.500% 802000007 7 LO Dearborn MI 156,022.04 45,501.92 5.600% 802000008 8 IN Various NY 128,062.79 25,384.70 5.610% 802000009 9 IN Various NY 107,588.53 24,426.22 5.290% 802000010 10 RT Gahanna OH 113,168.81 22,589.17 5.580% 802000011 11 RT Chapel Hill NC 46,900.00 0.00 4.200% 802000012 12 RT Lawrenceville GA 19,600.00 0.00 4.200% 802000013 13 RT Camp Hill PA 15,050.00 0.00 4.200% 802000014 14 MF Orlando FL 100,018.06 0.00 5.050% 802000015 15 OF San Diego CA 95,390.44 0.00 4.880% 802000016 16 RT Westminster CO 93,775.00 0.00 4.950% 802000017 17 OF Chantilly VA 77,241.67 0.00 4.600% 802000018 18 IN Various MN 64,259.13 0.00 4.830% 802000019 19 IN Brooklyn Center MN 15,804.83 0.00 4.830% 802000020 20 OF Oxon Hill MD 72,333.33 0.00 5.250% 802000021 21 MF Winter Springs FL 69,026.67 0.00 5.010% 802000022 22 OF Los Angeles CA 61,031.25 0.00 4.500% 802000023 23 MF St. Petersburg FL 59,260.59 0.00 4.550% 802000024 24 OF Las Vegas NV 74,082.55 13,644.05 5.770% 802000025 25 OF Raleigh NC 50,633.33 0.00 4.200% 802000026 26 OF Sacramento CA 53,078.89 0.00 4.600% 802000027 27 RT Mesa AZ 53,082.33 0.00 4.670% 802000028 28 OF Santee CA 51,726.04 10,165.26 6.060% 802000029 29 RT Westerville OH 43,725.70 9,501.19 5.380% 802000030 30 MF Pleasant Prairie WI 39,662.78 0.00 4.900% 802000031 31 MF Houston TX 28,947.84 0.00 4.210% 802000032 32 MF Houston TX 4,350.33 0.00 4.210% 802000033 33 RT Mankato MN 36,234.00 0.00 4.880% 802000034 34 MF Dallas TX 34,435.83 0.00 4.650% 802000035 35 MF North Richland Hills TX 39,610.25 0.00 5.380% 802000036 36 OF Suisun City CA 35,865.28 0.00 4.900% 802000037 37 RT Coon Rapids MN 34,566.67 0.00 4.880% 802000038 38 RT Columbus OH 38,432.59 8,351.04 5.380% 802000039 39 MF San Antonio TX 38,902.93 0.00 5.430% 802000040 40 MF Houston TX 28,204.66 0.00 4.210% 802000041 41 MF Houston TX 27,552.11 0.00 4.210% 802000042 42 RT Tucson AZ 32,485.42 0.00 5.030% 802000043 43 RT Joliet IL 30,195.00 0.00 4.880% 802000044 44 MF Durham NC 31,364.25 0.00 5.130% 802000045 45 RT Raleigh NC 28,313.33 0.00 4.800% 802000046 46 MF Citrus Heights CA 28,190.63 0.00 4.850% 802000047 47 MF Raleigh NC 26,827.92 0.00 4.650% 802000048 48 RT Houston TX 31,126.84 6,373.19 5.520% 802000049 49 IN Elmsford NY 29,484.44 0.00 5.350% 802000050 50 MF Colorado Springs CO 22,475.00 0.00 4.350% 802000051 51 OF Fairfield CA 25,058.33 0.00 4.850% 802000052 52 RT Rochester MN 23,932.33 0.00 4.880% 802000053 53 RT Clovis CA 24,159.33 0.00 5.010% 802000054 54 RT Ocala FL 23,699.93 0.00 5.050% 802000055 55 MF Ashwaubenon WI 21,599.42 0.00 4.880% 802000056 56 RT Coconut Creek FL 25,316.67 0.00 6.000% 802000057 57 SS Chicago IL 22,618.27 5,971.59 5.970% 802000058 58 MF Houston TX 15,624.95 0.00 4.210% 802000059 59 MF Dallas TX 18,414.00 0.00 5.280% 802000060 60 MF Las Vegas NV 15,361.58 0.00 4.990% 802000061 61 IN Richmond VA 14,918.75 0.00 4.950% 802000062 62 MF Howard WI 12,678.10 0.00 4.880% 802000063 63 MF College Station TX 14,247.60 2,880.30 5.550% 802000064 64 IN Tempe AZ 13,559.92 0.00 5.430% 802000065 65 MF Ashwaubenon WI 11,577.12 0.00 4.880% 802000066 66 IN Los Angeles CA 12,375.54 3,699.61 5.570% 802000067 67 MF Las Vegas NV 11,581.94 0.00 5.380% Totals 3,844,944.47 332,477.11
Loan Anticipated Maturity Neg. Beginning Ending Paid Thru Number Repayment Date Amort Scheduled Scheduled Date Date (Y/N) Balance Balance 802000001 N/A 09/01/2010 N 55,836,148.43 55,772,842.49 08/01/2004 802000002 N/A 11/01/2008 N 54,750,000.00 54,750,000.00 08/01/2004 802000003 N/A 11/01/2010 N 50,000,000.00 50,000,000.00 08/01/2004 802000004 N/A 03/01/2008 N 48,633,384.71 48,542,701.78 07/01/2004 724000137 N/A 11/01/2010 N 44,000,000.00 44,000,000.00 08/01/2004 802000006 N/A 07/01/2008 N 40,000,000.00 40,000,000.00 08/01/2004 802000007 N/A 04/01/2009 N 32,354,800.39 32,309,298.47 08/01/2004 802000008 N/A 12/01/2010 N 26,509,460.66 26,484,075.96 08/01/2004 802000009 N/A 12/01/2008 N 23,618,433.83 23,594,007.61 08/01/2004 802000010 N/A 01/01/2011 N 23,552,301.67 23,529,712.50 08/01/2004 802000011 N/A 08/01/2010 N 13,400,000.00 13,400,000.00 08/01/2004 802000012 N/A 08/01/2010 N 5,600,000.00 5,600,000.00 08/01/2004 802000013 N/A 08/01/2010 N 4,300,000.00 4,300,000.00 08/01/2004 802000014 N/A 02/01/2009 N 23,000,000.00 23,000,000.00 08/01/2004 802000015 N/A 03/01/2008 N 22,700,000.00 22,700,000.00 08/01/2004 802000016 N/A 02/01/2009 N 22,000,000.00 22,000,000.00 08/01/2004 802000017 N/A 06/01/2008 N 19,500,000.00 19,500,000.00 08/01/2004 802000018 N/A 04/01/2011 N 15,450,000.00 15,450,000.00 08/01/2004 802000019 N/A 04/01/2011 N 3,800,000.00 3,800,000.00 08/01/2004 802000020 N/A 04/01/2008 N 16,000,000.00 16,000,000.00 08/01/2004 802000021 N/A 12/01/2008 N 16,000,000.00 16,000,000.00 08/01/2004 802000022 N/A 08/01/2008 N 15,750,000.00 15,750,000.00 08/01/2004 802000023 N/A 04/01/2008 N 15,125,000.00 15,125,000.00 08/01/2004 802000024 N/A 01/01/2011 N 14,910,111.76 14,896,467.71 07/01/2004 802000025 N/A 07/01/2008 N 14,000,000.00 14,000,000.00 08/01/2004 802000026 N/A 08/01/2008 N 13,400,000.00 13,400,000.00 08/01/2004 802000027 N/A 06/01/2008 N 13,200,000.00 13,200,000.00 08/01/2004 802000028 N/A 11/01/2010 N 9,912,367.96 9,902,202.70 08/01/2004 802000029 N/A 01/01/2009 N 9,438,332.62 9,428,831.43 08/01/2004 802000030 N/A 12/01/2008 N 9,400,000.00 9,400,000.00 07/01/2004 802000031 N/A 04/01/2009 N 7,985,000.00 7,985,000.00 08/01/2004 802000032 N/A 04/01/2009 N 1,200,000.00 1,200,000.00 08/01/2004 802000033 N/A 01/01/2011 N 8,910,000.00 8,910,000.00 08/01/2004 802000034 N/A 06/01/2008 N 8,600,000.00 8,600,000.00 08/01/2004 802000035 N/A 12/01/2008 N 8,550,000.00 8,550,000.00 08/01/2004 802000036 N/A 04/01/2008 N 8,500,000.00 8,500,000.00 08/01/2004 802000037 N/A 01/01/2011 N 8,500,000.00 8,500,000.00 08/01/2004 802000038 N/A 01/01/2009 N 8,295,797.61 8,287,446.57 08/01/2004 802000039 N/A 10/01/2008 N 8,320,000.00 8,320,000.00 08/01/2004 802000040 N/A 04/01/2009 N 7,780,000.00 7,780,000.00 08/01/2004 802000041 N/A 04/01/2009 N 7,600,000.00 7,600,000.00 08/01/2004 802000042 N/A 04/01/2008 N 7,500,000.00 7,500,000.00 07/01/2004 802000043 N/A 01/01/2011 N 7,425,000.00 7,425,000.00 08/01/2004 802000044 N/A 01/01/2009 N 7,100,000.00 7,100,000.00 07/01/2004 802000045 N/A 02/01/2009 N 6,850,000.00 6,850,000.00 07/01/2004 802000046 N/A 04/01/2009 N 6,750,000.00 6,750,000.00 08/01/2004 802000047 N/A 07/01/2008 N 6,700,000.00 6,700,000.00 07/01/2004 802000048 N/A 01/01/2011 N 6,548,423.68 6,542,050.49 07/01/2004 802000049 N/A 01/01/2009 N 6,400,000.00 6,400,000.00 08/01/2004 802000050 N/A 07/01/2008 N 6,000,000.00 6,000,000.00 07/01/2004 802000051 N/A 07/01/2008 N 6,000,000.00 6,000,000.00 08/01/2004 802000052 N/A 01/01/2011 N 5,885,000.00 5,885,000.00 08/01/2004 802000053 N/A 03/01/2009 N 5,600,000.00 5,600,000.00 08/01/2004 802000054 N/A 08/01/2010 N 5,450,000.00 5,450,000.00 07/01/2004 802000055 N/A 11/01/2008 N 5,140,000.00 5,140,000.00 08/01/2004 802000056 N/A 02/01/2011 N 4,900,000.00 4,900,000.00 07/01/2004 802000057 N/A 11/01/2010 N 4,399,727.48 4,393,755.89 08/01/2004 802000058 N/A 04/01/2009 N 4,310,000.00 4,310,000.00 08/01/2004 802000059 N/A 11/01/2008 N 4,050,000.00 4,050,000.00 08/01/2004 802000060 N/A 04/01/2009 N 3,575,000.00 3,575,000.00 08/01/2004 802000061 N/A 07/01/2010 N 3,500,000.00 3,500,000.00 07/01/2004 802000062 N/A 11/01/2008 N 3,017,000.00 3,017,000.00 08/01/2004 802000063 N/A 01/01/2009 N 2,981,188.75 2,978,308.45 07/01/2004 802000064 N/A 09/01/2008 N 2,900,000.00 2,900,000.00 08/01/2004 802000065 N/A 11/01/2008 N 2,755,000.00 2,755,000.00 08/01/2004 802000066 N/A 02/01/2011 N 2,580,178.76 2,576,479.15 08/01/2004 802000067 N/A 09/01/2008 N 2,500,000.00 2,500,000.00 08/01/2004 Totals 891,197,658.31 890,865,181.20
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 08/10/2004 0 $0.00 0 $0.00 0 $0.00 07/12/2004 0 $0.00 0 $0.00 0 $0.00 06/10/2004 0 $0.00 0 $0.00 0 $0.00 05/10/2004 0 $0.00 0 $0.00 0 $0.00
Distribution Foreclosure REO Modifications Date # Balance # Balance # Balance 08/10/2004 0 $0.00 0 $0.00 0 $0.00 07/12/2004 0 $0.00 0 $0.00 0 $0.00 06/10/2004 0 $0.00 0 $0.00 0 $0.00 05/10/2004 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 08/10/2004 0 $0.00 0 $0.00 5.019142% 4.970228% 59 07/12/2004 0 $0.00 0 $0.00 5.019189% 4.970276% 60 06/10/2004 0 $0.00 0 $0.00 5.019248% 4.970334% 61 05/10/2004 0 $0.00 0 $0.00 5.019294% 4.970381% 62 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 802000004 4 0 07/01/2004 273,693.06 273,693.06 B 802000024 24 0 07/01/2004 86,571.07 86,571.07 B 802000030 30 0 07/01/2004 39,419.95 39,419.95 B 802000042 42 0 07/01/2004 32,291.67 32,291.67 B 802000044 44 0 07/01/2004 30,875.14 30,875.14 B 802000045 45 0 07/01/2004 28,136.37 28,136.37 B 802000047 47 0 07/01/2004 26,366.37 26,366.37 B 802000048 48 0 07/01/2004 37,161.69 37,161.69 B 802000050 50 0 07/01/2004 21,958.33 21,958.33 B 802000054 54 0 07/01/2004 23,512.21 23,512.21 B 802000056 56 0 07/01/2004 25,147.90 25,147.90 B 802000061 61 0 07/01/2004 14,828.33 14,828.33 B 802000063 63 0 07/01/2004 17,025.22 17,025.22 B Totals 13 656,987.31 656,987.31
Resolution Servicing Actual Outstanding Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO Number Code (2) Date Date Balance Advances Date Date 802000004 48,633,384.71 0.00 802000024 14,910,111.76 0.00 802000030 9,400,000.00 0.00 802000042 7,500,000.00 0.00 802000044 7,100,000.00 0.00 802000045 6,850,000.00 0.00 802000047 6,700,000.00 0.00 802000048 6,548,423.68 0.00 802000050 6,000,000.00 0.00 802000054 5,450,000.00 0.00 802000056 4,900,000.00 0.00 802000061 3,500,000.00 0.00 802000063 2,981,188.75 0.00 Totals 130,473,108.90 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 (13 loans) 656,987.31 656,987.31 130,473,108.90 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-----