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Previous: MEDICAL INFORMATION TECHNOLOGY INC, 10-Q/A, 1996-12-27 |
Next: AMERICAN MATERIALS & TECHNOLOGIES CORP, POS AM, 1996-12-27 |
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: December 13, 1996
(Date of earliest event reported)
Nomura Asset Securities Corporation
- ------------------------------------------------------------------------------
(Exact Name of registrant as specified in its charter)
Delaware 33-48481 13-3672336
- ------------- ------------------- --------------------
(State or Other Juris- (Commission (I.R.S. Employer
diction of Incorporation) File Number) Identification Number)
Two World Financial Center, Building B, New York, New York 10281
- ----------------------------------------------------------------------------
(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code: 212-667-9300
-------------------
- -----------------------------------------------------------------------------
This Document contains exactly 05 Pages.
The Exhibit Index is on Page 05 .
<PAGE>
ITEM 5. OTHER EVENTS
This Current Report on Form 8-K relates to the Trust Fund
formed, and the Commercial Mortgage Pass-Through Certificates Series 1996-MD V
issued pursuant to a Pooling and Servicing Agreement, dated as of April 1, 1996
(the "Pooling and Servicing Agreement"), by and among Nomura Asset Securities
Corporation (the "Company"), as depositor, AMRESCO Management, Inc., as
servicer, LaSalle National Bank, as trustee, and ABN AMRO Bank, N.V., as fiscal
agent. The Certificates have been registered pursuant to the Act under a
Registration Statement on Form S-3 (No.33-48481) (the "Registration Statement").
Capitalized terms used herein and not defined herein have the
same meanings ascribed to such terms in the Pooling and Servicing Agreement.
Pursuant to Section 3.22 of the Pooling and Servicing Agreement,
Servicer is filing this Current Report containing the December 13, 1996 monthly
distribution report prepared by the Trustee pursuant to Section 4.02(a) thereof.
Servicer has received and will file separately, based on an
EDGAR hardship exemption, the monthly financial information required pursuant to
the documents for the Crescent Real Estate Funding loan; Royal Palace Hotel
Associates loan; Shaner Hotel Group Properties loans; First Industrial Mortgage
loan; First Horizon Group, L.P. loan; TUP 130 Company, L.P. loan; Marriott
Residence Inn II, L.P. loan; GB Mall, L.P. loan; Bay Plaza Community Center,
L.L.C. loan; and Innkeepers Financing loan.
This Current Report is being filed by the Servicer, in its
capacity as such under the Pooling and Servicing Agreement, on behalf of the
Registrant. The information reported and contained herein has been supplied to
the Servicer by one or more of the Borrowers or other third parties without
independent review or investigation by the Servicer. Pursuant to the Pooling
and Servicing Agreement, the Servicer is not responsible for the accuracy or
completeness of such information.
<PAGE>
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
AND EXHIBITS
(c) Exhibits
Item 601(a) of
Regulation S-K
Exhibit No. Exhibit No. Description
5.1 99 Monthly distribution report pursuant to
Section 4.2 of the Pooling and Servicing
Agreement for the distribution on December
13, 1996.
<PAGE>
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on behalf of the Registrant
by the undersigned thereunto duly authorized.
AMRESCO MANAGEMENT, INC., IN
ITS CAPACITY AS SERVICER
UNDER THE POOLING AND
SERVICING AGREEMENT ON
BEHALF OF NOMURA ASSET
SECURITIES CORPORATION,
REGISTRANT
By: /s/ Daniel B. Kirby
Daniel B. Kirby,
Senior Vice President
By: /s/ William J. Sweeney
William J. Sweeney, Jr.,
Vice President
Date: December 19, 1996
<PAGE>
EXHIBIT INDEX
Item 601(a) of
Regulation S-K
Exhibit No. Exhibit No. Description
5.1 99 Monthly distribution report pursuant to
Section 4.2 of the Pooling and Servicing
Agreement for the distribution on December
13, 1996.
ABN AMRO
LaSalle National Bank
Administrator:
Mary Collier (800) 246-5761
135 S. LaSalle Street Suite 1740
Chicago, IL 60603
^Nomura Asset Securities Corporation
^Amresco Management, Inc. as Servicer
^Commercial Mortgage Pass-Through Certificates
^Series 1996-MD V
^ABN AMRO Acct: 67-7504-32-6
Statement Date: 12/13/96
Payment Date: 12/13/96
Prior Payment: NA
Record Date: 12/10/96
WAC: 8.410371%
WAMM: 275
^Upper Tier
Original Opening Principal
Class Face Value (1) Balance Payment
CUSIP Per $1000 Per $1000 Per $1000
A-1A 150,000,000.00 146,785,413.67 470,762.06
655356HM8 1000.000000 978.569424 3.138414
A-1B 352,001,941.00 352,001,941.00 0.00
6555356HN6 1000.000000 1000.000000 0.000000
A-1C 7,492,566.00 7,492,566.00 0.00
655356HP1 1000.000000 1000.000000 0.000000
CS-1 150,000,000.00 N 146,785,413.67 0.00
655356JD6 1000.000000 978.569424 0.000000
CS-2 516,838,397.00 N 516,838,397.00 0.00
655356HU0,U65537BZ1 1000.000000 1000.000000 0.000000
A-2 44,955,397.00 44,955,397.00 0.00
655356HQ9 1000.000000 1000.000000 0.000000
A-3 52,447,964.00 52,447,964.00 0.00
655356HR7 1000.000000 1000.000000 0.000000
A-4 48,701,680.00 48,701,680.00 0.00
655356HS5 1000.000000 1000.000000 0.000000
A-5 11,238,849.00 11,238,849.00 0.00
655356HT3 1000.000000 1000.000000 0.000000
S-1 24,435,948.00 24,435,948.00 0.00
655356HV8,U65537CA5 1000.000000 1000.000000 0.000000
B-1 48,701,680.00 48,701,680.00 0.00
655356HW6,U65537CB3 1000.000000 1000.000000 0.000000
B-2 33,715,552.00 33,715,552.00 0.00
655356HX4,U65537CC1 1000.000000 1000.000000 0.000000
B-2H 1,000.66 1,000.66 0.00
655356HY2 1000.000000 1000.000000 0.000000
R 0.00 0.00 0.00
655356JB0 1000.000000 0.000000 0.000000
773,692,577.66 770,477,991.33 470,762.06
Principal Negative Closing Interest
Class Adj. or Loss Amortization Balance Payment
CUSIP Per $1000 Per $1000 Per $1000 Per $1000
A-1A 0.00 0.00 146,314,651.61 864,810.73
655356HM8 0.000000 0.000000 975.431011 5.765405
A-1B 0.00 0.00 352,001,941.00 2,088,544.85
6555356HN6 0.000000 0.000000 1000.000000 5.933333
A-1C 0.00 0.00 7,492,566.00 44,455.89
655356HP1 0.000000 0.000000 1000.000000 5.933333
CS-1 0.00 0.00 146,314,651.61 156,243.82
655356JD6 0.000000 0.000000 975.431011 1.041625
CS-2 0.00 0.00 516,838,397.00 454,219.44
655356HU0,U65537BZ1 0.000000 0.000000 1000.000000 0.878842
A-2 0.00 0.00 44,955,397.00 278,248.60
655356HQ9 0.000000 0.000000 1000.000000 6.189437
A-3 0.00 0.00 52,447,964.00 333,801.76
655356HR7 0.000000 0.000000 1000.000000 6.364437
A-4 0.00 0.00 48,701,680.00 319,699.11
655356HS5 0.000000 0.000000 1000.000000 6.564437
A-5 0.00 0.00 11,238,849.00 76,211.80
655356HT3 0.000000 0.000000 1000.000000 6.781104
S-1 0.00 0.00 24,435,948.00 160,386.36
655356HV8,U65537CA5 0.000000 0.000000 1000.000000 6.563541
B-1 0.00 0.00 48,701,680.00 338,773.93
655356HW6,U65537CB3 0.000000 0.000000 1000.000000 6.956104
B-2 0.00 0.00 33,715,552.00 234,528.87
655356HX4,U65537CC1 0.000000 0.000000 1000.000000 6.956104
B-2H 0.00 0.00 1,000.66 6.96
655356HY2 0.000000 0.000000 1000.000000 6.956104
R 0.00 0.00 0.00 0.00
655356JB0 0.000000 0.000000 0.000000 0.000000
0.00 0.00 770,007,229.27 5,349,932.12
Total P&I Payment 5,820,694.18
Interest Pass-Through
Class Adjustment Rate (2)
CUSIP Per $1000 Next Rate (3)
A-1A 0.00 7.070000%
655356HM8 0.000000 7.070000%
A-1B 0.00 7.120000%
6555356HN6 0.000000 7.120000%
A-1C 0.00 7.120000%
655356HP1 0.000000 7.120000%
CS-1 0.00 1.277324%
655356JD6 0.000000 1.277334%
CS-2 0.00 1.054611%
655356HU0,U65537BZ1 0.000000 0.000000%
A-2 0.00 7.427324%
655356HQ9 0.000000 7.427334%
A-3 0.00 7.637324%
655356HR7 0.000000 7.637334%
A-4 0.00 7.877324%
655356HS5 0.000000 7.877334%
A-5 0.00 8.137324%
655356HT3 0.000000 8.137334%
S-1 0.00 7.876250%
655356HV8,U65537CA5 0.000000 7.876250%
B-1 0.00 8.347324%
655356HW6,U65537CB3 0.000000 8.347334%
B-2 0.00 8.347324%
655356HX4,U65537CC1 0.000000 8.347334%
B-2H 0.00 8.347324%
655356HY2 0.000000 8.347334%
R 0.00 None
655356JB0 0.000000 0.000000%
0.00 0.000000%
Notes: (1) N denotes notional balance not included in total
(2) Interest Paid minus Interest Adjustment minus Deferred
Interest equals Accrual (3) Estimated
^Lower Tier
Original Opening Principal
Class Face Value (1) Balance Payment
CUSIP Per $1000 Per $1000 Per $1000
A-1A 150,000,000.00 146,785,413.67 470,762.06
655356HM8 1000.000000 978.569424 3.138414
A-1B 352,001,941.00 352,001,941.00 0.00
6555356HN6 1000.000000 1000.000000 0.000000
A-1C 7,492,566.00 7,492,566.00 0.00
655356HP1 1000.000000 1000.000000 0.000000
CS-1 150,000,000.00 N 146,785,413.67 0.00
655356JD6 1000.000000 978.569424 0.000000
CS-2 516,838,397.00 N 516,838,397.00 0.00
655356HU0,U65537BZ1 1000.000000 1000.000000 0.000000
A-2 44,955,397.00 44,955,397.00 0.00
655356HQ9 1000.000000 1000.000000 0.000000
A-3 52,447,964.00 52,447,964.00 0.00
655356HR7 1000.000000 1000.000000 0.000000
A-4 48,701,680.00 48,701,680.00 0.00
655356HS5 1000.000000 1000.000000 0.000000
A-5 11,238,849.00 11,238,849.00 0.00
655356HT3 1000.000000 1000.000000 0.000000
S-1 24,435,948.00 24,435,948.00 0.00
655356HV8,U65537CA5 1000.000000 1000.000000 0.000000
B-1 48,701,680.00 48,701,680.00 0.00
655356HW6,U65537CB3 1000.000000 1000.000000 0.000000
B-2 33,715,552.00 33,715,552.00 0.00
655356HX4,U65537CC1 1000.000000 1000.000000 0.000000
B-2H 1,000.66 1,000.66 0.00
655356HY2 1000.000000 1000.000000 0.000000
R 0.00 0.00 0.00
655356JB0 1000.000000 0.000000 0.000000
773,692,575.66 770,477,991.33 470,762.06
Principal Negative Closing
Class Adj. or Loss Amortization Balance
CUSIP Per $1000 Per $1000 Per $1000
A-1A 0.00 0.00 146,314,651.61
655356HM8 0.000000 0.000000 975.431011
A-1B 0.00 0.00 352,001,941.00
6555356HN6 0.000000 0.000000 1000.000000
A-1C 0.00 0.00 7,492,566.00
655356HP1 0.000000 0.000000 1000.000000
CS-1 0.00 0.00 146,314,651.61
655356JD6 0.000000 0.000000 975.431011
CS-2 0.00 0.00 516,838,397.00
655356HU0,U65537BZ1 0.000000 0.000000 1000.000000
A-2 0.00 0.00 44,955,397.00
655356HQ9 0.000000 0.000000 1000.000000
A-3 0.00 0.00 52,447,964.00
655356HR7 0.000000 0.000000 1000.000000
A-4 0.00 0.00 48,701,680.00
655356HS5 0.000000 0.000000 1000.000000
A-5 0.00 0.00 11,238,849.00
655356HT3 0.000000 0.000000 1000.000000
S-1 0.00 0.00 24,435,948.00
655356HV8,U65537CA5 0.000000 0.000000 1000.000000
B-1 0.00 0.00 48,701,680.00
655356HW6,U65537CB3 0.000000 0.000000 1000.000000
B-2 0.00 0.00 33,715,552.00
655356HX4,U65537CC1 0.000000 0.000000 1000.000000
B-2H 0.00 0.00 1,000.66
655356HY2 0.000000 0.000000 1000.000000
R 0.00 0.00 0.00
655356JB0 0.000000 0.000000 0.000000
0.00 0.00 770,007,229.27
Total P&I Payment 5,820,694.18
Interest Interest Pass-Through
Class Payment Adjustment Rate (2)
CUSIP Per $1000 Per $1000 Next Rate (3)
A-1A 864,810.73 0.00 7.070000%
655356HM8 5.765405 0.000000 7.070000%
A-1B 2,088,544.85 0.00 7.120000%
6555356HN6 5.933333 0.000000 7.120000%
A-1C 44,455.89 0.00 7.120000%
655356HP1 5.933333 0.000000 7.120000%
CS-1 156,243.82 0.00 1.277324%
655356JD6 1.041625 0.000000 1.277334%
CS-2 454,219.44 0.00 1.054611%
655356HU0,U65537BZ1 0.878842 0.000000 0.000000%
A-2 278,248.60 0.00 7.427324%
655356HQ9 6.189437 0.000000 7.427334%
A-3 333,801.76 0.00 7.637324%
655356HR7 6.364437 0.000000 7.637334%
A-4 319,699.11 0.00 7.877324%
655356HS5 6.564437 0.000000 7.877334%
A-5 76,211.80 0.00 8.137324%
655356HT3 6.781104 0.000000 8.137334%
S-1 160,386.36 0.00 7.876250%
655356HV8,U65537CA5 6.563541 0.000000 7.876250%
B-1 338,773.93 0.00 8.347324%
655356HW6,U65537CB3 6.956104 0.000000 8.347334%
B-2 234,528.87 0.00 8.347324%
655356HX4,U65537CC1 6.956104 0.000000 8.347334%
B-2H 6.96 0.00 8.347324%
655356HY2 6.956104 0.000000 8.347334%
R 0.00 0.00 None
655356JB0 0.000000 0.000000 0.000000%
5,349,932.12 0.00 0.000000%
Grantor Trust Certificates
Original Opening Principal
Class Face Value (1) Balance Payment
CUSIP Per $1000 Per $1000 Per $1000
V-1 0.00 0.00 0.00
655356HZ9 1000.000000 0.000000 0.000000
V-2 0.00 0.00 0.00
655356JA2 1000.000000 0.000000 0.000000
0.00 0.00 0.00
Principal Negative Closing Interest
Class Adj. or Loss Amortization Balance Payment
CUSIP Per $1000 Per $1000 Per $1000 Per $1000
V-1 0.00 0.00 0.00 0.00
655356HZ9 0.000000 0.000000 0.000000 0.000000
V-2 0.00 0.00 0.00 0.00
655356JA2 0.000000 0.000000 0.000000 0.000000
0.00 0.00 0.00 0.00
Interest Pass-Through
Class Adjustment Rate (2)
CUSIP Per $1000 Next Rate (3)
V-1 0.00 None
655356HZ9 0.000000 0.000000%
V-2 0.00 None
655356JA2 0.000000 0.000000%
0.00 0.000000%
Amount of Available Funds allocable to principal:
Principal Distribution Amount 470,762.06
S-1 Principal Distribution Amount 0.00
Amount of Available Funds Allocable to Principal 470,762.06
Amount of S-1 Available Funds Allocable to Principal 0.00
Advance Summary: Beginning Current
Unreimbursed
Period
Servicer Property Protection Advances 0.00 0.00
Servicer S-1 P&I Advances 0.00 0.00
Servicer P&I Advances 0.00 0.00
Trustee P&I Advances 0.00 0.00
Fiscal Agent P&I Advance 0.00 0.00
Total 0 0
Advance Summary:
Ending
Reimbursed Unreimbursed
Servicer Property Protection Advances 0.00 0.00
Servicer S-1 P&I Advances 0.00 0.00
Servicer P&I Advances 0.00 0.00
Trustee P&I Advances 0.00 0.00
Fiscal Agent P&I Advance 0.00 0.00
Total 0.00 0.00
Amount of Available Funds Allocable to Interest 0.00
Class Interest
CS-2 Distirbution
Components Amount
A-1B Component 108,005.14
A-1C Component 2,298.95
A-2 Component 10,339.74
A-3 Component 9,309.51
A-4 Component 5,722.45
A-5 Component 590.04
Class Current
CS-2 Interest
Components Shortfall
A-1B Component 0.00
A-1C Component 0.00
A-2 Component 0.00
A-3 Component 0.00
A-4 Component 0.00
A-5 Component 0.00
Prepayment Interest Shortfall 0.00
S-1 Prepayment Interest Shortfall 0.00
Servicers Prepayment Interest Shortfall 0.00
S-1 Servicer Prepayement Interest Shortfall 0.00
Beginning Account Balance Contained in Reserve Accounts 0.00
Summary of REO Property:
Appraised value of real estate acquired through foreclosure
or grant of a deed in lieu of foreclosure 0.00
Property Date of Principal Book
Name REO Balance Value
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
Totals 0.00 0.00
Aggregate
Date of Amount Other
Final of Revenues
Name Recovery Proceeds Collected
0 0.00 0.00
0 0.00 0.00
0 0.00 0.00
Totals 0.00 0.00
Specially Serviced Mortgage Loans:
Principal
Borrower Number Balance
0 0 0.00
Summary of Expenses:
Current Period Servicing Fees 53,772.95
Current Period Trustee Fees 3,210.33
Current Pd. Special Servicing Compensation Paid 0.00
Add'l Servicing Compensation, per Section 3.12a 0.00
Total 56,983.28
Amount per $1,000
Prepayment Premiums received during the Collection Period 0.00
Default Interest received during the Collection Period 0.00
Net Default Interest received during the Collection Period 0.00
Excess Interest received during the Collection Period 0.00
Prepayment Premiums received during the Collection Period 0.00
Default Interest received during the Collection Period 0.00
Net Default Interest received during the Collection Period 0.00
Excess Interest received during the Collection Period 0.00
Current Aggregate
Prior Remaining Realized Realized
Interest Interest Loss Loss
Class Shortfall Shortfall Allocation Allocation
A-1B 0.00 0.00 0.00 0.00
A-1C 0.00 0.00 0.00 0.00
CS-1 0.00 0.00 0.00 0.00
CS-2 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00
A-5 0.00 0.00 0.00 0.00
S-1 0.00 0.00 0.00 0.00
B-1 0.00 0.00 0.00 0.00
B-2 0.00 0.00 0.00 0.00
B-2H 0.00 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00
Total 0.00 0.00 0.00 0.00
Current Cumulative
Realized Losses on Mortgage Loans 0.00 0.00
Realized Losses on S-1 0.00 0.00
Beginning Ending
Strip Component Balances: Principal Principal
Balance Balance
A-1A 146,785,413.67 146,314,651.61
A-1B 352,001,941.00 352,001,941.00
A-1C 7,492,566.00 7,492,566.00
A-2 44,955,397.00 44,955,397.00
A-3 52,447,964.00 52,447,964.00
A-4 48,701,680.00 48,701,680.00
A-5 11,238,849.00 11,238,849.00
TOTAL
Delinquency /Prepayment / Rate History Reporting
Distribution Delinq 1 Month Delinq 2 Months
Date # Balance # Balance
12/13/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
11/14/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
10/16/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
09/13/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
08/14/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
07/15/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
06/13/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
05/15/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
04/15/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
Distribution Delinq 3+ Months Foreclosure / Bankruptcy
Date # Balance # Balance
12/13/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
11/14/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
10/16/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
09/13/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
08/14/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
07/15/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
06/13/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
05/15/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
04/15/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
Distribution REO Modifications
Date # Balance # Balance
12/13/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
11/14/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
10/16/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
09/13/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
08/14/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
07/15/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
06/13/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
05/15/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
04/15/96 0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
0 0 0 0
0.00% 0.000% 0.00% 0.000%
Distribution Prepayments Next Weighted Avg.
Date # Balance Coupon Remit
12/13/96 0 0 8.69072% 8.6282%
0.00% 0.000%
11/14/96 0 0 8.41037% 8.3473%
0.00% 0.000%
10/16/96 0 0 8.69069% 8.6281%
0.00% 0.000%
09/13/96 0 0 8.41034% 8.3473%
0.00% 0.000%
08/14/96 0 0 8.69066% 8.6281%
0.00% 0.000%
07/15/96 0 0 8.97097% 8.9089%
0.00% 0.000%
06/13/96 0 0 8.41029% 8.3472%
0.00% 0.000%
05/15/96 0 0 8.41026% 8.3472%
0.00% 0.000%
04/15/96 0 0 8.41025% 8.3472%
0.00% 0.000%
0 0 0.00000% 0.0000%
0.00% 0.000%
0 0 0.00000% 0.0000%
0.00% 0.000%
0 0 0.00000% 0.0000%
0.00% 0.000%
0 0 0.00000% 0.0000%
0.00% 0.000%
0 0 0.00000% 0.0000%
0.00% 0.000%
0 0 0.00000% 0.0000%
0.00% 0.000%
0 0 0.00000% 0.0000%
0.00% 0.000%
Note: Foreclosure and REO Totals are Included in the
Appropriate Delinquency Aging Category
Financial Statements and other Information relating
to the Mortgage Loans have been filed under a FORM SE
based on an EDGAR Hardship Exemption.
Delinquency Loan Detail
Disclosure Paid Outstanding
Doc Thru Current P&I P&I
Control # Period Date Advance Advances**
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
TOTALS: 0 0 0 0
Outstanding
Disclosure Property
Doc Protection Advance Loan
Control # Period Advances Description (1) Status (2)
0 0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
TOTALS: 0 0 0 0
Special
Disclosure Servicer
Doc Transfer Foreclosure
Control # Period Date Date
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
TOTALS: 0 0 0
Disclosure
Doc Bankruptcy REO
Control # Period Date Date
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
TOTALS: 0 0 0
Loan Level Detail
Special
Offering Servicer
Circular Property Transfer Maturity
Control # Type Date State Date
000004000272860 Office 0 0 03/11/2028
000004000273500 Hospitality 0 0 03/11/2016
000004000273520 Hospitality 0 0 02/11/2014
000004000273530 Industrial 0 0 01/11/2026
000004000273540 Hospitality 0 0 02/11/2014
000004000273560 Retail 0 0 03/11/2021
000004000273570 Retail 0 0 03/11/2036
000004000273580 Hospitality 0 0 04/11/2022
000004000273590 Retail 0 0 03/11/2026
000004000273610 Retail-Anchored 0 0 04/11/2026
000004000273620 Hospitality 0 0 10/11/2017
Offering Ending Scheduled
Circular Scheduled Note Principal
Control # Balance Rate Payment
000004000272860 161,000,000 7.7860% 0.00
000004000273500 51,355,362 9.1100% 81,054.42
000004000273520 85,694,279 7.9650% 248,897.39
000004000273530 40,000,000 7.2200% 0.00
000004000273540 24,435,948 7.9650% 0.00
000004000273560 64,503,406 8.5740% 65,299.59
000004000273570 42,000,000 9.0000% 0.00
000004000273580 140,000,000 8.8500% 0.00
000004000273590 62,755,331 8.9100% 36,607.72
000004000273610 68,262,904 9.0000% 38,902.94
000004000273620 30,000,000 8.1700% 0.00
Offering Paid
Circular Prepayments Prepayment Through
Control # /Liquidations Date Date
000004000272860 0 12/11/96
000004000273500 0 12/11/96
000004000273520 0 12/11/96
000004000273530 0 12/11/96
000004000273540 0 12/11/96
000004000273560 0 12/11/96
000004000273570 0 12/11/96
000004000273580 0 12/11/96
000004000273590 0 12/11/96
000004000273610 0 12/11/96
000004000273620 0 12/11/96
Offering Prepayment Loan
Circular Premium Status
Control # Amount Code (*)
000004000272860
000004000273500
000004000273520
000004000273530
000004000273540
000004000273560
000004000273570
000004000273580
000004000273590
000004000273610
000004000273620
(*) Legend:
1) Specially Serviced
2) Foreclosure
3) Bankruptcy
4) REO
5) Prepay in Full
6) DPO
7) Foreclosure Sale
8) Bankruptcy Sale
9) REO Disposition
10) Modification/Workout
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