<PAGE> 1
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: June 25, 1997
(Date of earliest event reported)
AMRESCO COMMERCIAL MORTGAGE FUNDING I CORPORATION
(Exact name of Registrant as specified in its charter)
Delaware 333-19591 75-2683929
(State of Incorporation) (Commission File No.) (I.R.S. Employer
Identification No.)
700 North Pearl Street
Suite 2400, L.B. 342
Dallas, Texas 75201
(Address of Principal executive offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (214) 953-7700
<PAGE> 2
Item 5. Other Events.
Reference is hereby made to Amendment No. 4 to the Registrant's
Registration Statement on Form S-3 (File No. 333-19591) filed with the
Securities and Exchange Commission (the "Commission") on June 6, 1997 (the
"Registration Statement"), pursuant to which the Registrant registered
$2,000,000,000 aggregate principal amount of its mortgage pass-through
certificates, issuable in various series, for sale in accordance with the
provisions of the Securities Act of 1933, as amended (the "Act"). Reference is
also hereby made to the Prospectus and the related Prospectus Supplement
(collectively, the "Prospectus"), which will be filed with the Commission
pursuant to Rule 424(b)(5), with respect to the Registrant's Mortgage Pass-
Through Certificates, Series 1997-C1 (the "Offered Certificates").
The Registrant is filing this Current Report on Form 8-K to provide
prospective investors with certain materials which constitute "Preliminary
Structural and Collateral Term Sheets" as described in the no-action letter
dated February 27, 1995 issued by the Division of Corporation Finance of the
Commission to the Public Securities Association (the "PSA Letter"), the filing
of which materials is a condition of the relief granted in such letters (such
materials being the "Collateral Term Sheets"). The Collateral Term Sheets were
prepared solely by Goldman, Sachs & Co. in connection with the offering of the
Offered Certificates, and the Registrant did not prepare or participate in the
preparation of the Collateral Term Sheets. The Collateral Term Sheets are set
forth in Exhibit 99.1 hereto.
The assumptions used in preparing the Collateral Term Sheets were based
upon a preliminary compilation of the underlying collateral and the estimated
principal amount and other features of the Offered Certificates. The actual
features of the Offered Certificates and a detailed description of the final
constituency of the underlying collateral will be set forth in the Prospectus.
Due to the preliminary nature of the information regarding the
collateral and the structure of the Offered Certificates used in preparing the
Collateral Term Sheets, no assurance can be given as to either the Collateral
Term Sheets' or the underlying assumptions' accuracy, appropriateness or
completeness in any particular context; nor can assurance be given as to
whether the Collateral Term Sheets and/or the assumptions upon which they are
based reflect present market conditions or future market performance. These
Collateral Term Sheets should not be construed as either projections or
predictions or as legal, tax, financial or accounting advice.
Any yields or weighted average lives shown in the Collateral Term Sheets
are based on prepayment assumptions, and changes in such prepayment assumptions
may dramatically affect such yields or weighted average lives. In addition, it
is possible that prepayments on the collateral will occur at rates slower or
faster than the rates shown in the Collateral Term Sheets. Furthermore, unless
otherwise provided, the Collateral Term Sheets assume no losses on the
collateral and no interest shortfall. The specific characteristics of the
Offered Certificates may differ from those shown in the Collateral Term Sheets
due to differences between the actual collateral and the hypothetical
collateral used in preparing the Collateral Term Sheets. As noted above, the
principal amount and designation of any security described in the Collateral
Term Sheets are subject to change prior to issuance.
-2-
<PAGE> 3
Please be advised that mortgage-backed securities may not be appropriate
for all investors. Potential investors must be willing to assume, among other
things, market price volatility, mortgage prepayments, yield curve and interest
rate risks. Investors should make every effort to consider the risks of these
securities.
Any statement or information contained in the Collateral Term Sheets
shall be deemed to be modified or superseded for purposes of the Prospectus and
the Registration Statement by statements or information contained in the
Prospectus.
Item 7. Financial Statements and Exhibits.
---------------------------------
(c) Exhibits
Exhibit No. Description
---------- -----------
99.1 Collateral Term Sheets provided by Goldman, Sachs &
Co.
- 3 -
<PAGE> 4
Signatures
----------
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.
AMRESCO COMMERCIAL MORTGAGE
FUNDING I CORPORATION
July 2, 1997 By: /s/ MICHAEL L. McCOY
-------------------------
Michael L. McCoy
Assistant Secretary
- 4 -
<PAGE> 5
INDEX TO EXHIBITS
<TABLE>
<CAPTION>
Exhibit No. Description
- ---------- -----------
<S> <C>
99.1 Collateral Term Sheets provided by Goldman, Sachs & Co.
</TABLE>
<PAGE> 1
EXHIBIT 99.1
Collateral Term Sheets provided by Goldman, Sachs & Co.
[Begins on Next Page]
<PAGE> 2
<TABLE>
<CAPTION>
% OF TOTAL CUM % OF TOTAL
CUT-OFF DATE CUT-OFF DATE
ASSET PRINCIPAL LOAN PRINCIPAL LOAN LOAN
# BALANCE BALANCE # PROPERTY NAME ADDRESS
<S> <C> <C> <C> <C> <C>
1 4.65% 4.65% 400027517 Princess Anne Plaza East/West 3300 Virginia Beach Boulevard
2 3.78% 8.43% 4039 Union Plaza East 71st St & South Mingo Rd
3 3.63% 12.06% 400027495 Ordway Building One Kaiser Plaza
4 3.10% 15.16% 400027500 River Oaks Plaza 1400 West Gray Avenue
5 2.60% 17.76% 800000111 Hideaway Bay Club Apartments 3815 Hideaway Bay Blvd.
- -------------------------------------------------------------------------------------------------------------------------------
6 2.47% 20.23% 400027525 Shenandoah Woods/Ashley
6 400027525A Shenandoah Woods 4250 West 34th Street
6 400027525B Ashley Square 6330 Windswept
6 400027525C Unity Pointe 6370 Windswept
6 400027525D Hidden Pines 6360 Skyline
- -------------------------------------------------------------------------------------------------------------------------------
6 400027525E Southern Oaks 6353 Skyline
7 2.44% 22.67% 800000101 Lake Tivoli Apartments 851 Lake Tivoli Boulevard
8 2.43% 25.10% 800000112 The Park South Apartments 4700 Walden Circle
9 2.17% 27.27% 400027543 Shoreview Nursing Home 2865 Brighton 3rd. St.
10 2.13% 29.40% 400028214 Arbors of Apts
- -------------------------------------------------------------------------------------------------------------------------------
10 400028214A Arbors of Taylor Apts. 201 Highland Drive
10 400028214B Arbors of Corsicana I Apts. 1300 North 45th Street
10 400028214C Arbors of Cleburne I Apts. 815 Woodard Street
10 400028214D Arbors of Corsicana II Apts 1300 North 45 Street
10 400028214E Arbors of Cleburne II Apts. 815 Woodward Street
- -------------------------------------------------------------------------------------------------------------------------------
10 400028214F Arbors of Burleson Apts. 355 NW Hillery Street
11 2.12% 31.52% 400027544 Soo Line Building 105 South Fifth
12 2.00% 33.52% 400027548 Park Place Apartments 1980 Pauline Apartments
13 1.95% 35.47% 400027551 South Bay Office Tower 3031 Tisch Way
14 1.94% 37.41% 800000110 The Chatham Landing Apartments 2550 Alafaya Trail
- -------------------------------------------------------------------------------------------------------------------------------
15 1.90% 39.31% 800000103 Wynbridge Apartments 1500 Holcomb Bridge Road
16 1.78% 41.09% 400027564 Compton Court Apartments 315 South Richey
17 1.75% 42.84% 400027576 Bristol Park Apartments 4414 S. Garnett
18 1.75% 44.59% 800000106 Westwood Apartments 6259 Norcross-Tucker Road
19 1.74% 46.33% 400027507 Preston Del Norte I Apartments 5811 Beltline Road
- -------------------------------------------------------------------------------------------------------------------------------
20 1.73% 48.06% 400027518 Georgetown Suites - Main Bldg 1111 30th Street, N.W.
21 1.71% 49.77% 400027563 The Columns Apartments 621 South Richey Street
22 1.58% 51.35% 800000108 Wynfield Station Apartments 3360 Mountain Drive
23 1.42% 52.77% 400028209 Rustic Hills Shopping Center 1605-1749 North Academy Blvd.
24 1.44% 54.21% 400027574 Foxfire Apartments 7324 S. Wheeling
- -------------------------------------------------------------------------------------------------------------------------------
25 1.41% 55.62% 400027555 Georgetown Manor Apartments 260 Christiana Rd
26 1.36% 56.98% 400027575 Chapparal Creek Apartments 2102 East 51st Street
27 1.31% 58.29% 400028215 Hopedale Airport Industrial Pk 1 Airport Road
28 1.24% 59.53% 400027567 Asset Marketing Building 14101 Southcross Drive
29 1.23% 60.76% 400027504 Briarcliff Apartments 4805 Transit Road
- -------------------------------------------------------------------------------------------------------------------------------
30 1.12% 61.88% 400027520 West Airport Centre 7263-7391 NW 36th. St.
31 1.12% 63.00% 400027554 West End Terrace Apartments 4481 Maryland Ave.
32 1.08% 64.08% 400027512 10551 Barkley Building 10551 Barkley
33 1.05% 65.13% 800000114 Springfield West Apartments 9500 Brightway Court
34 1.04% 66.17% 400027534 Georgetown Suites - Harbor Bld 1000 29th Street, N.W.
- -------------------------------------------------------------------------------------------------------------------------------
35 0.94% 67.11% 800000113 Squire Hill II Apartments 100 Old Brook Road
36 0.93% 68.04% 400027559 Arlington Park Square 3725 South Cooper St.
(1) 37 0.93% 68.97% 400027519 Warrenville Town Center 4 Mount Bethel Road
38 0.92% 69.89% 800000115 Avondale Crossing Apartments 260 Northern Avenue
39 0.91% 70.80% 400027514 Fayetteville Hilton Hotel 70 North East Street
- -------------------------------------------------------------------------------------------------------------------------------
40 0.90% 71.70% 400027529 Willows Apartments 1100 Willow Springs Road
41 0.88% 72.58% 400027522 Oconomowoc Plaza Shopping Ctr 1408-1450 E. Summitt Avenue
42 0.83% 73.41% 400027565 Volker Building 1773 South 300 West
43 0.81% 74.22% 800000107 Country Oaks Apartments 3101 NW 150th Street
44 0.80% 75.02% 400027505 The Triad Building 1400 Millersport Highway
- -------------------------------------------------------------------------------------------------------------------------------
45 0.80% 75.82% 400027546 Hitchcock Plaza 185 Boston Post Road
46 0.79% 76.61% 400027501 North Tucson Business Center 2350 West River Park Drive
47 0.77% 77.38% 800000102 Northgate Club Apartments 4300 Atoll Court
48 0.72% 78.10% 400027506 Bethpage Plaza Shopping Center 546 - 598 Stewart Avenue
49 0.73% 78.83% 4030 Home Resources Building 46 Industrial Road
- -------------------------------------------------------------------------------------------------------------------------------
50 0.69% 79.52% 400027577 Tower Crossing Apartments 4404 S. 109th Street
(1) 51 0.68% 80.20% 400027538 New Meadows Apartments 134 Knox Marsh Road
52 0.68% 80.88% 800000109 Tempo 2000 Apartments 3524 Buford Highway
53 0.66% 81.54% 400027486 Pacific South Center 15245 Pacific Highway South
54 0.66% 82.20% 400027573 Rubin Building 1101 Harney Street
- -------------------------------------------------------------------------------------------------------------------------------
55 0.66% 82.86% 400027572 Port Allen Care Center 403 15th Street
56 0.66% 83.52% 400027491 Plaquemine Caring Center 59215 River West Drive
57 0.62% 84.14% 400027531 Union Station Plaza 240-280 St. John Street
58 0.62% 84.76% 400027539 Harbor Plaza 261 Commercial St
59 0.62% 85.38% 400027536 CliniComp Building 9655 Towne Center Drive
- -------------------------------------------------------------------------------------------------------------------------------
60 0.62% 86.00% 400027523 Poe Building 2432 Grand Concourse
61 0.59% 86.59% 400027511 Two Bunch Palms Resort & Spa 67-425 Two Bunch Palms Trail
62 0.58% 87.17% 400027557 Clarks Hill Plaza 800 East Main Street
63 0.58% 87.75% 400027499 Seaford Village Shopping Ctr 602-660 North Dual Hwy (Rt 13)
64 0.58% 88.33% 800000116 Hidden Village Apartments 3890 East Ponce De Leon Ave.
- -------------------------------------------------------------------------------------------------------------------------------
65 0.57% 88.90% 400027516 Michelle/Hillcourt Apt
65 400027516A Michelle Apartments 940 North 98th Street
65 400027516B Hillcourt Apartments 3022 NE 140th St.
66 0.57% 89.47% 400027497 Campus Commons South Apts 1405 NE Merman Drive
67 0.54% 90.01% 400027579 The Tower Retail Center 1201 Westheimer Road
- -------------------------------------------------------------------------------------------------------------------------------
68 0.52% 90.53% 400027535 Beehive I/II Mini Stor
68 400027535A Beehive I Mini-Storage 12519 South Minuteman Dr.
68 400027535B Beehive II Mini-Storage 2242 South 800 West
69 0.52% 91.05% 400027498 Spring Creek Village Apartment 919 Northwood
70 0.47% 91.52% 400027492 Quality Markets - Tonawanda 1717 Sheridan Drive
- -------------------------------------------------------------------------------------------------------------------------------
71 0.45% 91.97% 400027496 Acadian-Perkins Plaza 3165 South Acadian Thruway
72 0.44% 92.41% 400027487 Carrier Crossing Shopping Ctr 817 W. Highway 303
73 0.43% 92.84% 400027526 Fairfield Gardens Apartments 306 Plaza Drive
74 0.41% 93.25% 400027528 Robious Hall Shopping Center 10012-60 Robious Road
75 0.40% 93.65% 400027521 Bergen Brunswick Building 501 W. 44th Avenue
- -------------------------------------------------------------------------------------------------------------------------------
76 0.36% 94.01% 400027509 Southwest Terrace Apartments 10200 West Bellfort
77 0.35% 94.36% 400027545 Knights Inn-West Palm Beach 2200 45th Street
78 0.35% 94.71% 400027493 St. Michaels Shopping Center 1001 Green Oaks Blvd., N.E.
79 0.33% 95.04% 800000104 Terrace Hills Apartments 1000 Thompson Place
80 0.32% 95.36% 400027510 Canyon Club Apartments 11500 Green Plaza Dr.
- -------------------------------------------------------------------------------------------------------------------------------
81 0.32% 95.68% 4038 Bentley Court Apartments 1000 Bentley Court
82 0.32% 96.00% 400027530 Sausalito Apartments 16250 Imperial Valley
83 0.31% 96.31% 400027494 St. Michael's of Bedford 2900 State Highway 121
84 0.31% 96.62% 800000105 Towncreek Apartments 3366 Atlanta Street
85 0.30% 96.92% 400027556 Fay's Plaza 61-79 Fulton Street
- -------------------------------------------------------------------------------------------------------------------------------
86 0.30% 97.22% 400027541 GC International Building 4671 Calle Carga
87 0.28% 97.50% 400027561 Whispering Oaks Apartments 1200 West Loop 336 North
88 0.27% 97.77% 400027571 Preston del Norte, Phase II 5811 Beltline, Suite 2052
89 0.27% 98.04% 400027570 Southwind Apartments 1901 Richter Avenue
90 0.26% 98.30% 400027488 Coral Springs Plaza 2355-2367 N. University Drive
- -------------------------------------------------------------------------------------------------------------------------------
91 0.24% 98.54% 400027502 The Travel Inn Motel 800 East Burnside St.
92 0.24% 98.78% 400027566 Vineyard Gardens Apartments 7473 Callaghan Road
93 0.23% 99.01% 400027553 Northgate Apartments 36 Farmington Road/Route 11
94 0.21% 99.22% 400027490 Andresen Warehouse 2700 N.E. Andresen Road
95 0.21% 99.43% 4045 Stonehenge Office Building 8215 Roswell Road
- -------------------------------------------------------------------------------------------------------------------------------
96 0.20% 99.63% 400027537 UPS Building 626 Sandy Lake Road
97 0.20% 99.83% 400027503 Quality Markets Lockport 7134 Rochester Road
98 0.18% 100.00% 400027552 Georgetown Apartments 2405 Stanford Road
</TABLE>
<PAGE> 3
<TABLE>
<CAPTION>
ASSET MORTGAGE
# CITY STATE ZIP PROPERTY TYPE ORIGINATOR LOAN SELLER
<S> <C> <C> <C> <C> <C> <C>
1 Virginia Beach VA 23432 Retail, Anchored AMRESCO AMRESCO
2 Tulsa OK 74133 Retail, Anchored Neighborhood/Community Center Central Park Capital GSMC
3 Oakland CA 94612 Office, General Urban GE Pension Trust AMRESCO
4 Houston TX 77019 Retail, Discount/Outlet Mall AMRESCO AMRESCO
5 Kissimmee FL 34741 Multifamily, 200+ Units SouthTrust AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
6 AMRESCO AMRESCO
6 Houston TX 77092 Multifamily, 200+ Units AMRESCO AMRESCO
6 Houston TX 77057 Multifamily, 37 - 200 Units AMRESCO AMRESCO
6 Houston TX 77057 Multifamily, 37 - 200 Units AMRESCO AMRESCO
6 Houston TX 77057 Multifamily, 37 - 200 Units AMRESCO AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
6 Houston TX 77057 Multifamily, 37 - 200 Units AMRESCO AMRESCO
7 Kissimmee FL 34741 Multifamily, 200+ Units SouthTrust AMRESCO
8 Orlando FL 32801 Multifamily, 200+ Units SouthTrust AMRESCO
9 Brooklyn NY 11235 Nursing Home, Skilled/Intermediate Care AMRESCO AMRESCO
10 AMRESCO AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
10 Taylor TX 76574 Multifamily, 37 - 200 Units AMRESCO AMRESCO
10 Corsicana TX 75110 Multifamily, 37 - 200 Units AMRESCO AMRESCO
10 Cleburne TX 76031 Multifamily, 37 - 200 Units AMRESCO AMRESCO
10 Corsicana TX 75110 Multifamily, 37 - 200 Units AMRESCO AMRESCO
10 Cleburne TX 76031 Multifamily, 37 - 200 Units AMRESCO AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
10 Burleson TX 76028 Multifamily, 37 - 200 Units AMRESCO AMRESCO
11 Minneapolis MN 55402 Office, w/Retail AMRESCO AMRESCO
12 Ann Arbor MI 48103 Multifamily, 200+ Units AMRESCO AMRESCO
13 San Jose CA 95128 Office, General Suburban AMRESCO AMRESCO
14 Orlando FL 32826 Multifamily, 200+ Units SouthTrust AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
15 Norcross GA 30092 Multifamily, 200+ Units SouthTrust AMRESCO
16 Pasadena TX 77506 Multifamily, 200+ Units AMRESCO AMRESCO
17 Tulsa OK 74146 Multifamily, 200+ Units AMRESCO AMRESCO
18 Atlanta GA 30084 Multifamily, 200+ Units SouthTrust AMRESCO
19 Dallas TX 75240 Multifamily, 200+ Units AMRESCO AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
20 Washington DC 20007 Lodging, Suites AMRESCO AMRESCO
21 Pasadena TX 77506 Multifamily, 200+ Units AMRESCO AMRESCO
22 Atlanta GA 30032 Multifamily, 200+ Units SouthTrust AMRESCO
23 Colorado Springs CO 80909 Retail, Anchored Neighborhood/Community Center Bank of America AMRESCO
24 Tulsa OK 74136 Multifamily, 200+ Units AMRESCO AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
25 New Castle DE 19720 Multifamily, 200+ Units AMRESCO AMRESCO
26 Tulsa OK 74105 Multifamily, 200+ Units AMRESCO AMRESCO
27 Hopedale MA 01747 Industrial/Warehouse, w/Office Multiple Tenant AMRESCO AMRESCO
28 Burnsville MN 55337 Office, w/Warehouse AMRESCO AMRESCO
29 Lancaster NY 14043 Multifamily, 200+ Units AMRESCO AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
30 Miami FL 33166 Retail, Unanchored Neighborhood/Community Center AMRESCO AMRESCO
31 St. Louis MO 63108 Multifamily, 37 - 200 Units AMRESCO AMRESCO
32 Overland Park KS 66212 Office, General Suburban AMRESCO AMRESCO
33 Richmond VA 23294 Multifamily, 37 - 200 Units SouthTrust AMRESCO
34 Washington DC 20007 Lodging, Suites AMRESCO AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
35 Charlottesville VA 22901 Multifamily, 37 - 200 Units SouthTrust AMRESCO
36 Arlington TX 76015 Retail, Unanchored Neighborhood/Community Center AMRESCO AMRESCO
(1) 37 Warren NJ 07059 Retail, Anchored Neighborhood/Community Center AMRESCO AMRESCO
38 Atlanta GA 30002 Multifamily, 37 - 200 Units SouthTrust AMRESCO
39 Fayetteville AR 72701 Lodging, Full Service AMRESCO AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
40 Killeen TX 76542 Multifamily, 200+ Units AMRESCO AMRESCO
41 Oconomowoc WI 53066 Retail, Anchored Neighborhood/Community Center AMRESCO AMRESCO
42 Salt Lake City UT 84115 Office, w/Warehouse AMRESCO AMRESCO
43 Oklahoma City OK 73134 Multifamily, 37 - 200 Units SouthTrust AMRESCO
44 Amherst NY 14221 Mixed Use (all types in comments) AMRESCO AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
45 Orange CT 06477 Retail, Unanchored Neighborhood/Community Center AMRESCO AMRESCO
46 Tucson AZ 85705 Industrial/Warehouse, w/Office Multiple Tenant AMRESCO AMRESCO
47 Naples FL 33999 Multifamily, 37 - 200 Units SouthTrust AMRESCO
48 Bethpage NY 11714 Retail, Anchored Neighborhood/Community Center AMRESCO AMRESCO
49 Leonminster MA 04153 Industrial/Warehouse, w/Office Single Tenant Central Park Capital GSMC
- -----------------------------------------------------------------------------------------------------------------------------------
50 Tulsa OK 74146 Multifamily, 200+ Units AMRESCO AMRESCO
(1) 51 Dover NH 03820 Multifamily, 37 - 200 Units AMRESCO AMRESCO
52 Atlanta GA 30329 Multifamily, 37 - 200 Units SouthTrust AMRESCO
53 Seattle WA 98188 Retail, w/Office AMRESCO AMRESCO
54 Omaha NE 68154 Multifamily, w/Retail AMRESCO AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
55 Port Allen LA 70767 Nursing Home, Skilled/Intermediate Care AMRESCO AMRESCO
56 Plaquemine LA 70764 Nursing Home, Skilled/Intermediate Care AMRESCO AMRESCO
57 Portland ME 04102 Retail, Unanchored Neighborhood/Community Center AMRESCO AMRESCO
58 Portland ME 04101 Office, w/Retail AMRESCO AMRESCO
59 San Diego CA 92121 Office, Condominium AMRESCO AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
60 Bronx NY 10458 Office, w/Retail AMRESCO AMRESCO
61 Desert Hot Springs CA 92240 Lodging, Resort AMRESCO AMRESCO
62 Stamford CT 06902 Retail, Unanchored Neighborhood/Community Center AMRESCO AMRESCO
63 Seaford DE 19973 Retail, Anchored Neighborhood/Community Center AMRESCO AMRESCO
64 Atlanta GA 30021 Multifamily, 37 - 200 Units SouthTrust AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
65 AMRESCO AMRESCO
65 Seattle WA 98103 Multifamily, 37 - 200 Units AMRESCO AMRESCO
65 Seattle WA 98125 Multifamily, 37 - 200 Units AMRESCO AMRESCO
66 Pullman WA 99163 Multifamily, 37 - 200 Units AMRESCO AMRESCO
67 Houston TX 77006 Retail, Unanchored Neighborhood/Community Center AMRESCO AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
68 AMRESCO AMRESCO
68 Draper UT 84020 Self-Storage/Mini-Storage, 251 - 500 Units AMRESCO AMRESCO
68 Woods Cross UT 84087 Self-Storage/Mini-Storage, 1 - 250 Units AMRESCO AMRESCO
69 Baytown TX 77521 Multifamily, 200+ Units AMRESCO AMRESCO
70 Tonawanda NY 14223 Retail, Free Standing AMRESCO AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
71 Baton Rouge LA 70808 Retail, Unanchored Neighborhood/Community Center AMRESCO AMRESCO
72 Grand Prairie TX 75051 Retail, Anchored Neighborhood/Community Center AMRESCO AMRESCO
73 Dover NH 03820 Multifamily, 37 - 200 Units AMRESCO AMRESCO
74 Midlothian VA 23235 Retail, Anchored Neighborhood/Community Center AMRESCO AMRESCO
75 Denver CO 80216 Industrial/Warehouse, w/Office Single Tenant AMRESCO AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
76 Houston TX 77031 Multifamily, 200+ Units AMRESCO AMRESCO
77 West Palm Beach FL 33407 Lodging, Budget AMRESCO AMRESCO
78 Arlington TX 76006 Retail, Unanchored Neighborhood/Community Center AMRESCO AMRESCO
79 Nashville TN 37217 Multifamily, 37 - 200 Units SouthTrust AMRESCO
80 Houston TX 77038 Multifamily, 200+ Units AMRESCO AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
81 Columbia SC 29210 Multifamily, 37 - 200 Units Central Park Capital GSMC
82 Houston TX 77060 Multifamily, 37 - 200 Units AMRESCO AMRESCO
83 Bedford TX 76021 Retail, Unanchored Neighborhood/Community Center AMRESCO AMRESCO
84 Smyrna GA 30080 Multifamily, 37 - 200 Units SouthTrust AMRESCO
85 Middletown NY 10940 Retail, Free Standing AMRESCO AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
86 Camarillo CA 93012 Industrial/Warehouse, w/Office Single Tenant AMRESCO AMRESCO
87 Conroe TX 77301 Multifamily, 37 - 200 Units AMRESCO AMRESCO
88 Dallas TX 75240 Multifamily, 37 - 200 Units AMRESCO AMRESCO
89 Waco TX 76711 Multifamily, 37 - 200 Units AMRESCO AMRESCO
90 Coral Springs FL 33071 Retail, Unanchored Strip Center AMRESCO AMRESCO
- -----------------------------------------------------------------------------------------------------------------------------------
91 Portland OR 97214 Lodging, Super Budget AMRESCO AMRESCO
92 San Antonio TX 78229 Multifamily, 37 - 200 Units AMRESCO AMRESCO
93 Rochester NH 03867 Multifamily, 37 - 200 Units AMRESCO AMRESCO
94 Vancouver WA 98661 Industrial/Warehouse, w/Office Multiple Tenant AMRESCO AMRESCO
95 Atlanta GA 30350 Office, General Suburban Central Park Capital GSMC
- -----------------------------------------------------------------------------------------------------------------------------------
96 Coppell TX 75019 Office, Other AMRESCO AMRESCO
97 Town of Lockport NY 14094 Retail, Grocery Store AMRESCO AMRESCO
98 Panama City FL 32405 Multifamily, 37 - 200 Units AMRESCO AMRESCO
</TABLE>
<PAGE> 4
<TABLE>
<CAPTION>
ORIGINAL CUT-OFF DATE CUT-OFF DATE
ASSET PRINCIPAL LOAN PRINCIPAL LOAN PRINCIPAL
# BALANCE BALANCE BALANCE/UNIT 1994 NOI 1995 NOI 1996 NOI
<S> <C> <C> <C> <C> <C> <C>
1 22,500,000 22,419,415 76 - 1,600,704 2,157,873
2 18,225,000 18,219,524 54 - 1,530,527 2,457,316
3 47,000,000 17,467,554 35 - 6,138,126 5,532,449
4 14,990,000 14,925,461 84 1,234,187 1,889,173 2,154,111
5 12,600,000 12,534,149 32,641 1,331,753 1,457,382 1,469,891
- ------------------------------------------------------------------------------------------------------------------
6 11,960,000 11,923,181 14,177 1,083,426 1,431,984 1,459,540
6 363,643 465,416 425,402
6 118,532 159,648 161,859
6 64,792 125,177 129,301
6 256,072 333,673 366,296
- ------------------------------------------------------------------------------------------------------------------
6 280,387 348,070 376,682
7 11,800,000 11,733,138 37,606 1,012,428 809,619 1,245,424
8 11,750,000 11,688,491 29,221 1,357,264 1,444,883 1,592,415
9 10,500,000 10,451,697 32,662 1,418,544 1,614,929 4,375,699
10 10,250,000 10,243,791 21,341 1,294,652 1,373,159
- ------------------------------------------------------------------------------------------------------------------
10 242,900 269,431
10 234,849 228,480
10 203,672 236,949
10 224,572 233,381
10 192,752 204,092
- ------------------------------------------------------------------------------------------------------------------
10 195,907 200,826
11 10,235,000 10,189,798 36 965,531 1,274,486 1,278,886
12 9,650,000 9,650,000 30,929 - 998,822 956,561
13 9,450,000 9,404,761 57 1,066,457 1,145,497 1,585,539
14 9,400,000 9,350,793 35,420 1,063,290 1,136,061 1,160,168
- ------------------------------------------------------------------------------------------------------------------
15 9,200,000 9,141,951 33,610 505,088 866,843 824,176
16 8,585,000 8,574,753 14,939 131,114 242,537 897,663
17 8,462,270 8,446,102 16,496 - 1,071,966 1,062,119
18 8,500,000 8,417,420 29,227 302,528 818,813 808,510
19 8,430,000 8,398,556 29,162 1,209,053 1,204,096 1,036,122
- ------------------------------------------------------------------------------------------------------------------
20 8,350,000 8,321,619 61,188 986,283 1,520,849 1,422,561
21 8,265,000 8,255,135 16,061 95,745 332,580 870,488
22 7,650,000 7,607,089 22,374 - (41,479) 790,489
23 7,000,000 6,854,721 29 750,531 796,357 1,014,045
24 6,970,850 6,957,532 15,813 - 996,554 849,105
- ------------------------------------------------------------------------------------------------------------------
25 6,800,000 6,789,000 16,242 - 693,182 843,421
26 6,556,730 6,544,203 17,042 - 602,448 794,449
27 6,300,000 6,294,655 23 1,001,591 829,898 1,109,737
28 6,000,000 5,996,909 58 - - 849,250
29 5,970,000 5,944,824 23,875 720,161 724,086 685,829
- ------------------------------------------------------------------------------------------------------------------
30 5,420,000 5,405,773 82 767,792 838,805 913,070
31 5,407,605 5,396,756 27,676 570,523 643,997 670,086
32 5,240,000 5,211,473 60 931,941 908,500 778,360
33 5,081,006 5,052,719 25,519 735,509 718,004 661,921
34 5,050,000 5,032,836 62,910 969,799 1,011,414 996,504
- ------------------------------------------------------------------------------------------------------------------
35 4,557,427 4,527,507 28,475 422,159 465,533 667,741
36 4,500,000 4,492,022 51 731,061 890,876 797,319
(1) 37 4,500,000 4,483,977 97 682,991 554,680 830,230
38 4,450,000 4,431,341 28,406 236,146 496,080 497,156
39 4,400,000 4,370,295 18,597 1,241,321 1,259,106 1,097,913
- ------------------------------------------------------------------------------------------------------------------
40 4,350,000 4,329,278 18,661 472,015 627,639 601,891
41 4,275,000 4,253,600 30 638,084 628,355 629,911
42 4,000,000 3,992,849 42 511,967 560,584 549,561
43 3,925,000 3,906,085 22,194 - 425,653 445,865
44 3,890,000 3,867,669 34 462,338 404,085 440,072
- ------------------------------------------------------------------------------------------------------------------
45 3,860,000 3,845,653 70 482,259 468,427 484,779
46 3,850,000 3,824,535 41 449,920 555,468 661,654
47 3,725,000 3,693,451 30,779 406,890 442,231 448,156
48 3,500,000 3,486,797 47 597,095 638,946 580,292
49 3,535,000 3,535,000 15 875,507 869,762 630,284
- ------------------------------------------------------------------------------------------------------------------
50 3,310,150 3,303,826 15,295 - 392,861 385,590
(1) 51 3,300,000 3,292,438 20,199 - 368,269 573,689
52 3,300,000 3,284,513 25,660 - 392,535 426,991
53 3,225,000 3,198,860 56 510,921 613,584 518,940
54 3,200,000 3,200,000 84,211 - - 339,419
- ------------------------------------------------------------------------------------------------------------------
55 3,200,000 3,194,604 25,557 - 687,970 948,884
56 3,185,000 3,159,457 17,951 - 543,946 663,929
57 3,010,000 3,002,075 28 376,272 465,021 503,007
58 3,000,000 2,992,280 54 171,688 275,300 322,358
59 3,000,000 2,989,050 76 496,399 491,707 489,186
- ------------------------------------------------------------------------------------------------------------------
60 3,000,000 2,971,578 17 863,899 1,053,900 1,110,089
61 2,850,000 2,830,820 62,907 504,122 585,069 732,586
62 2,800,000 2,797,713 126 415,976 415,976 467,431
63 2,800,000 2,779,986 15 508,637 554,823 552,513
64 2,800,000 2,773,493 20,698 - 261,460 339,231
- ------------------------------------------------------------------------------------------------------------------
65 2,750,000 2,741,129 22,843 237,399 290,431 283,237
65
65
66 2,750,000 2,729,015 27,290 469,662 467,421 467,908
67 2,585,000 2,582,818 95 - - 216,500
- ------------------------------------------------------------------------------------------------------------------
68 2,500,000 2,492,941 5,248 - 447,291 503,588
68
68
69 2,500,000 2,484,166 7,911 33,102 348,910 454,212
70 2,280,000 2,241,106 42 395,754 386,573 386,682
- ------------------------------------------------------------------------------------------------------------------
71 2,200,000 2,185,688 30 412,423 437,059 332,224
72 2,119,600 2,104,721 49 252,891 282,362 367,543
73 2,100,000 2,095,188 16,762 228,324 311,300 337,386
74 2,000,000 1,990,316 32 267,743 318,022 352,011
75 1,950,000 1,941,084 13 - - 216,110
- ------------------------------------------------------------------------------------------------------------------
76 1,740,000 1,736,599 6,946 - 325,305 298,583
77 1,700,000 1,687,992 14,427 38,335 294,289 254,410
78 1,685,000 1,670,576 32 - 381,443 337,928
79 1,600,000 1,573,344 14,843 242,969 235,810 190,557
80 1,560,000 1,556,951 6,487 - 319,059 316,815
- ------------------------------------------------------------------------------------------------------------------
81 1,525,000 1,523,317 31,736 196,673 195,938 176,271
82 1,525,000 1,518,795 7,994 174,946 160,645 216,221
83 1,505,000 1,492,117 47 - 297,002 273,317
84 1,500,000 1,491,747 21,311 161,113 175,418 202,171
85 1,450,000 1,446,168 107 - - -
- ------------------------------------------------------------------------------------------------------------------
86 1,435,000 1,431,196 31 177,144 171,444 192,048
87 1,370,000 1,369,000 9,779 - 35,387 207,411
88 1,300,000 1,299,293 24,061 57,185 110,465 131,445
89 1,300,000 1,298,574 13,251 - 166,374 199,983
90 1,250,000 1,248,990 65 - 147,000 72,865
- ------------------------------------------------------------------------------------------------------------------
91 1,150,000 1,144,123 13,953 - 215,531 336,304
92 1,145,000 1,142,860 15,444 - 82,063 152,624
93 1,100,000 1,097,479 12,194 - - 178,568
94 1,021,000 1,014,491 20 114,436 111,549 129,877
95 1,000,000 999,167 67 - 125,602 124,800
- ------------------------------------------------------------------------------------------------------------------
96 980,000 975,516 29 - - 156,878
97 950,000 943,456 20 132,124 146,290 155,754
98 870,000 866,575 19,695 107,145 123,050 135,933
481,773,026
</TABLE>
<PAGE> 5
<TABLE>
<CAPTION>
ASSET
# 1996 NOI PERIOD U/W NOI 1994 REV 1995 REV 1996 REV U/W REV NET CASH FLOW DSCR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 12/31/96 2,941,596 951,154 1,856,636 2,760,122 3,663,325.00 2,847,918.00 1.33
2 02/28/97 2,380,014 - 1,679,205 2,778,870 2,811,372.00 2,281,587.00 1.30
3 12/31/96 4,361,960 6,180,496 11,431,571 10,933,697 9,844,441.00 3,316,055.00 0.99
4 12/31/96 2,134,260 1,566,502 2,605,070 3,055,104 3,042,875.00 2,055,128.00 1.48
5 11/30/96 1,562,031 2,248,256 2,395,452 2,552,811 2,575,316.00 1,466,031.00 1.26
- ----------------------------------------------------------------------------------------------------------------------------------
6 1,687,649 3,627,550 4,378,012 4,535,676 4,781,364.00 1,432,826.00 1.30
6 12/31/96 525,713 1,125,123 1,202,920 1,197,479 1,303,997.00 455,417.00
6 12/31/96 198,487 558,516 596,917 632,696 667,302.00 163,036.00
6 12/31/96 156,528 44,912 549,226 600,661 619,960.00 123,501.00
6 12/31/96 394,778 949,851 1,015,594 1,053,099 1,087,295.00 338,723.00
- ----------------------------------------------------------------------------------------------------------------------------------
6 12/30/96 412,143 949,148 1,013,355 1,051,741 1,102,810.00 352,149.00
7 12/31/96 1,174,600 1,690,027 1,746,250 2,245,541 2,173,486.00 1,095,040.00 1.01
8 11/30/96 1,574,386 2,339,165 2,419,090 2,669,137 2,634,552.00 1,488,386.00 1.37
9 12/31/96 2,234,202 18,975,902 20,481,884 23,550,767 21,223,745.00 2,154,202.00 1.92
10 1,333,079 2,464,146 2,545,848 2,536,666.00 1,237,079.00 1.31
- ----------------------------------------------------------------------------------------------------------------------------------
10 12/31/96 260,312 456,515 478,296 474,600.00 242,712.00
10 12/31/96 237,312 417,614 417,796 432,646.00 221,312.00
10 12/31/96 223,947 395,343 427,490 419,490.00 207,947.00
10 12/31/96 229,009 416,394 418,229 418,844.00 213,009.00
10 12/31/96 194,019 380,224 393,332 387,954.00 178,019.00
- ----------------------------------------------------------------------------------------------------------------------------------
10 12/31/96 188,480 398,056 410,705 403,132.00 174,080.00
11 12/31/96 1,414,852 2,890,528 3,060,839 3,070,711 3,000,254.00 1,315,048.00 1.26
12 12/31/96 1,251,327 372,033 1,926,240 1,880,794 2,230,046.00 1,188,927.00 1.35
13 12/31/96 1,624,140 2,395,166 2,560,438 3,046,220 2,962,372.00 1,294,595.00 1.40
14 11/30/96 1,180,368 1,727,783 1,789,654 1,901,710 1,902,083.00 1,101,168.00 1.27
- ----------------------------------------------------------------------------------------------------------------------------------
15 12/31/96 1,035,932 - 1,723,438 1,808,844 1,957,269.00 977,452.00 1.10
16 12/31/96 1,022,789 131,114 1,973,479 2,601,922 2,761,912.00 907,989.00 1.14
17 12/31/96 1,064,297 - 1,927,088 1,973,308 2,020,632.00 961,897.00 1.26
18 12/31/96 844,655 - 1,966,061 1,983,632 1,953,152.00 749,903.00 1.00
19 12/31/96 1,107,923 2,330,583 2,272,526 2,360,261 2,353,406.00 947,953.00 1.22
- ----------------------------------------------------------------------------------------------------------------------------------
20 10/31/96 1,501,903 986,283 4,230,492 4,439,231 4,439,231.00 1,324,334.00 1.53
21 12/31/96 1,089,844 95,745 2,018,248 2,427,919 2,649,377.00 987,044.00 1.28
22 12/31/96 1,000,355 - 1,199,984 1,878,208 2,004,645.00 928,955.00 1.32
23 12/31/96 1,012,632 1,073,957 1,148,744 1,328,380 1,368,229.00 833,660.00 1.20
24 12/31/96 822,861 - 1,634,724 1,675,644 1,707,931.00 734,861.00 1.16
- ----------------------------------------------------------------------------------------------------------------------------------
25 12/31/96 917,343 - 1,913,244 2,027,555 2,100,179.00 823,293.00 1.28
26 12/31/96 849,813 - 1,381,456 1,522,977 1,596,862.00 773,013.00 1.30
27 12/31/96 1,007,119 1,402,914 1,226,206 1,503,828 1,428,374.00 863,317.00 1.33
28 12/31/96 805,594 - - 849,250 847,994.00 795,294.00 1.34
29 12/31/96 760,233 1,249,412 1,260,910 1,246,396 1,244,500.00 710,433.00 1.20
- ----------------------------------------------------------------------------------------------------------------------------------
30 12/31/96 791,404 941,710 1,008,739 1,067,063 1,033,147.00 726,759.00 1.31
31 12/31/96 735,528 1,084,811 1,133,900 1,170,355 1,218,591.00 691,653.00 1.35
32 12/31/96 779,123 1,413,346 1,397,056 1,342,384 1,307,837.00 711,441.00 1.35
33 11/30/96 632,611 1,047,153 1,175,507 1,147,037 1,112,796.00 573,211.00 1.16
34 10/31/96 887,868 969,799 2,547,800 2,396,394 2,364,858.00 798,406.00 1.52
- ----------------------------------------------------------------------------------------------------------------------------------
35 12/31/96 675,045 830,170 907,008 947,039 1,016,577.00 639,270.00 1.45
36 12/31/96 828,061 715,910 1,160,755 1,088,651 1,154,051.00 751,025.00 1.65
(1) 37 12/31/96 625,738 956,251 899,444 1,148,457 962,270.00 596,594.00 1.31
38 12/31/96 612,341 744,039 899,664 986,052 1,006,283.00 563,981.00 1.35
39 12/31/96 946,818 4,312,525 4,473,872 3,999,125 4,050,600.00 723,705.00 1.60
- ----------------------------------------------------------------------------------------------------------------------------------
40 12/31/96 600,174 1,175,334 1,273,346 1,204,475 1,199,353.00 542,174.00 1.27
41 12/31/96 594,641 638,084 897,186 1,128,912 883,209.00 566,441.00 1.42
42 12/31/96 531,812 808,190 815,485 815,485 786,245.00 489,279.00 1.21
43 12/31/96 480,229 - 765,242 819,240 846,588.00 443,269.00 1.21
44 12/31/96 535,467 479,113 970,950 984,120 1,017,511.00 490,539.00 1.25
- ----------------------------------------------------------------------------------------------------------------------------------
45 12/31/96 614,798 650,077 636,150 765,454 833,543.00 574,458.00 1.50
46 12/31/96 597,141 613,327 741,439 874,611 799,359.00 542,693.00 1.33
47 12/31/96 430,092 772,520 821,148 857,291 834,057.00 401,892.00 1.19
48 12/31/96 547,698 1,016,939 1,058,389 1,028,041 973,759.00 498,228.00 1.45
49 11/30/96 533,265 - 903,240 703,984 684,669.00 472,362.00 1.35
- ----------------------------------------------------------------------------------------------------------------------------------
50 12/31/96 415,849 - 795,291 802,075 850,589.00 372,649.00 1.24
(1) 51 12/31/96 509,995 - 847,360 1,002,304 1,017,855.00 469,028.00 1.54
52 12/31/96 403,686 - 773,553 818,091 794,786.00 374,886.00 1.20
53 12/31/96 533,595 510,921 785,766 728,703 737,334.00 487,113.00 1.48
54 12/31/96 416,937 - - 483,104 621,848.00 396,057.00 1.31
- ----------------------------------------------------------------------------------------------------------------------------------
55 12/31/96 635,859 - 2,838,598 2,889,889 2,895,700.00 598,359.00 1.80
56 08/31/96 626,284 3,904,962 2,492,097 2,767,820 2,767,720.00 573,484.00 1.76
57 12/31/96 526,777 686,407 760,309 818,230 806,896.00 454,856.00 1.42
58 12/31/96 443,665 616,473 672,645 757,784 850,844.00 391,943.00 1.27
59 12/31/96 427,318 496,399 647,632 647,632 438,872.00 419,470.00 1.40
- ----------------------------------------------------------------------------------------------------------------------------------
60 12/31/96 802,095 1,679,115 1,945,809 2,232,468 1,717,067.00 642,410.00 2.02
61 09/30/96 725,822 - 4,047,341 4,724,741 4,724,741.00 536,832.00 1.83
62 12/31/96 409,030 - 545,164 612,756 547,448.00 378,804.00 1.29
63 06/30/96 507,644 508,637 796,028 828,810 737,782.00 425,125.00 1.49
64 12/31/96 407,943 - 728,478 782,066 786,288.00 369,083.00 1.24
- ----------------------------------------------------------------------------------------------------------------------------------
65 321,762 577,665 658,593 686,914 699,586.00 293,206.00 1.18
65 12/31/96
65 12/31/96
66 12/31/96 454,913 765,465 730,278 771,231 758,149.00 412,613.00 1.52
67 12/31/96 403,429 - - 281,660 497,268.00 384,322.00 1.44
- ----------------------------------------------------------------------------------------------------------------------------------
68 438,417 - 535,634 604,717 551,292.00 414,763.00 1.69
68 12/31/96
68 12/31/96
69 12/31/96 380,571 1,034,647 1,110,527 1,250,634 1,253,131.00 305,211.00 1.21
70 12/31/96 365,720 395,888 387,600 387,600 387,600.00 358,070.00 1.39
- ----------------------------------------------------------------------------------------------------------------------------------
71 12/31/96 371,797 445,270 484,228 453,855 500,102.00 323,883.00 1.38
72 12/31/96 335,075 330,615 360,742 459,477 422,741.00 299,249.00 1.37
73 12/31/96 333,477 626,678 653,438 689,385 691,564.00 302,061.00 1.56
74 12/31/96 322,614 367,871 409,357 462,836 438,569.00 280,559.00 1.44
75 12/31/96 292,052 - - 242,004 313,144.00 257,527.00 1.32
- ----------------------------------------------------------------------------------------------------------------------------------
76 12/31/96 300,074 286,332 862,815 927,704 903,910.00 237,574.00 1.42
77 12/31/96 330,314 708,280 958,570 1,191,965 1,205,498.00 279,081.00 1.46
78 06/30/96 342,303 195,909 540,044 490,198 502,709.00 284,962.00 1.71
79 12/31/96 238,272 468,213 516,793 520,012 536,973.00 210,182.00 1.42
80 12/31/96 301,531 356,598 779,360 810,172 807,516.00 241,531.00 1.61
- ----------------------------------------------------------------------------------------------------------------------------------
81 12/31/96 195,259 312,414 310,048 311,293 310,185.00 183,259.00 1.25
82 12/31/96 244,407 608,726 614,605 698,439 722,488.00 186,541.00 1.29
83 06/30/96 275,503 277,392 409,094 388,672 382,813.00 241,851.00 1.62
84 12/31/96 192,382 398,759 394,376 430,094 415,639.00 171,382.00 1.17
85 192,614 - - - 197,438.00 190,532.00 1.29
- ----------------------------------------------------------------------------------------------------------------------------------
86 12/31/96 196,718 171,444 210,516 224,812 224,989.00 189,686.00 1.30
87 12/31/96 202,056 - 610,043 637,436 654,340.00 164,956.00 1.22
88 12/31/96 174,096 320,262 352,099 382,019 380,927.00 151,956.00 1.21
89 12/31/96 175,359 - 343,270 376,638 358,296.00 155,759.00 1.24
90 12/31/96 187,775 - 271,658 191,400 323,904.00 165,518.00 1.25
- ----------------------------------------------------------------------------------------------------------------------------------
91 11/30/96 236,302 - 491,663 593,809 574,660.00 213,316.00 1.57
92 12/31/96 165,059 964,623 159,823 319,971 333,630.00 147,225.00 1.30
93 12/31/96 189,574 - - 431,160 464,778.00 166,954.00 1.65
94 12/31/96 161,799 142,967 151,652 181,293 201,561.00 148,165.00 1.44
95 12/31/96 147,144 - 188,352 191,461 228,000.00 136,239.00 1.31
- ----------------------------------------------------------------------------------------------------------------------------------
96 12/31/96 156,568 - - 161,378 158,150.00 127,287.00 1.30
97 12/31/96 140,681 244,974 213,148 209,830 208,105.00 133,585.00 1.35
98 12/31/96 119,973 217,408 235,973 244,745 243,892.00 108,269.00 1.29
</TABLE>
<PAGE> 6
<TABLE>
<CAPTION>
NET FIRST STATED
ASSET ANNUAL DEBT MORTGAGE MORTGAGE PAYMENT MATURITY
# SERVICE RATE RATE INTEREST TYPE DATE DATE
<S> <C> <C> <C> <C> <C> <C>
1 2,141,380 8.67% 8.6050% 30 Month-Days / 360 Year-Days 02/01/97 12/1/06
2 1,754,992 8.97% 8.9050% Actual Days / 360 Year-Days 06/01/97 5/1/07
3 3,348,809 8.50% 7.1200% 30 Month-Days / 360 Year-Days 06/01/74 5/1/04
4 1,386,948 8.53% 8.4650% 30 Month-Days / 360 Year-Days 12/01/96 11/1/06
5 1,165,813 8.53% 7.7750% Actual Days / 360 Year-Days 09/01/96 8/1/03
- --------------------------------------------------------------------------------------------------------------------------------
6 1,102,528 8.49% 8.4250% 30 Month-Days / 360 Year-Days 02/01/97 1/1/02
6
6
6
6
- --------------------------------------------------------------------------------------------------------------------------------
6
7 1,083,768 8.45% 7.8935% 30 Month-Days / 360 Year-Days 10/01/96 9/1/03
8 1,087,167 8.53% 7.7750% Actual Days / 360 Year-Days 09/01/96 8/1/03
9 1,123,142 8.87% 8.8050% 30 Month-Days / 360 Year-Days 04/01/97 3/1/17
10 945,764 8.50% 8.4350% 30 Month-Days / 360 Year-Days 06/01/97 5/1/07
- --------------------------------------------------------------------------------------------------------------------------------
10
10
10
10
10
- --------------------------------------------------------------------------------------------------------------------------------
10
11 1,043,346 9.15% 9.0850% 30 Month-Days / 360 Year-Days 02/01/97 1/1/07
12 880,572 8.38% 8.3150% 30 Month-Days / 360 Year-Days 07/01/97 6/1/07
13 925,387 8.66% 8.5950% 30 Month-Days / 360 Year-Days 02/01/97 1/1/07
14 869,734 8.53% 7.7750% Actual Days / 360 Year-Days 09/01/96 8/1/03
- --------------------------------------------------------------------------------------------------------------------------------
15 892,278 9.05% 7.8935% 30 Month-Days / 360 Year-Days 08/01/96 7/1/06
16 798,715 8.59% 8.5250% 30 Month-Days / 360 Year-Days 05/01/97 4/1/07
17 765,748 8.29% 8.2250% 30 Month-Days / 360 Year-Days 04/01/97 3/1/07
18 751,998 8.05% 7.8935% 30 Month-Days / 360 Year-Days 05/01/96 4/1/06
19 774,967 8.46% 8.3950% 30 Month-Days / 360 Year-Days 01/01/97 12/1/03
- --------------------------------------------------------------------------------------------------------------------------------
20 865,713 9.36% 9.2950% 30 Month-Days / 360 Year-Days 03/01/97 2/1/07
21 768,943 8.59% 8.5250% 30 Month-Days / 360 Year-Days 05/01/97 4/1/07
22 705,863 8.50% 7.8935% 30 Month-Days / 360 Year-Days 10/01/96 9/1/03
23 695,172 8.83% 8.7650% 30 Month-Days / 360 Year-Days 10/01/95 9/1/00
24 630,790 8.29% 8.2250% 30 Month-Days / 360 Year-Days 04/01/97 3/1/07
- --------------------------------------------------------------------------------------------------------------------------------
25 641,386 8.47% 8.4000% 30 Month-Days / 360 Year-Days 05/01/97 4/1/07
26 593,316 8.29% 8.2250% 30 Month-Days / 360 Year-Days 04/01/97 3/1/07
27 650,035 9.30% 9.2350% 30 Month-Days / 360 Year-Days 06/01/97 5/1/07
28 593,892 9.28% 9.2150% 30 Month-Days / 360 Year-Days 06/01/97 5/1/07
29 591,962 9.30% 9.2350% 30 Month-Days / 360 Year-Days 11/01/96 9/1/06
- --------------------------------------------------------------------------------------------------------------------------------
30 553,002 9.16% 9.0960% 30 Month-Days / 360 Year-Days 04/01/97 3/1/07
31 514,240 8.31% 8.2450% 30 Month-Days / 360 Year-Days 05/01/97 4/1/07
32 528,117 9.01% 8.9450% 30 Month-Days / 360 Year-Days 01/01/97 12/1/06
33 492,228 8.37% 7.8272% Actual Days / 365 Year-Days 02/01/97 12/1/06
34 523,575 9.36% 9.2950% 30 Month-Days / 360 Year-Days 03/01/97 2/1/07
- --------------------------------------------------------------------------------------------------------------------------------
35 442,270 8.15% 7.7803% Actual Days / 360 Year-Days 02/01/97 12/1/06
36 455,387 9.06% 8.9950% 30 Month-Days / 360 Year-Days 05/01/97 4/1/07
(1) 37 456,128 9.08% 9.0150% 30 Month-Days / 360 Year-Days 03/01/97 2/1/04
38 416,670 8.66% 7.8935% 30 Month-Days / 360 Year-Days 12/01/96 11/1/06
39 453,066 8.70% 8.6350% 30 Month-Days / 360 Year-Days 02/01/97 1/1/07
- --------------------------------------------------------------------------------------------------------------------------------
40 426,679 8.68% 8.6150% 30 Month-Days / 360 Year-Days 02/01/97 1/1/07
41 399,878 8.37% 8.3050% 30 Month-Days / 360 Year-Days 01/01/97 12/1/06
42 403,143 9.01% 8.9450% 30 Month-Days / 360 Year-Days 05/01/97 4/1/07
43 367,177 8.65% 7.8935% 30 Month-Days / 360 Year-Days 11/01/96 10/1/06
44 392,429 9.25% 9.1850% 30 Month-Days / 360 Year-Days 11/01/96 10/1/06
- --------------------------------------------------------------------------------------------------------------------------------
45 383,022 8.82% 8.7550% 30 Month-Days / 360 Year-Days 03/01/97 2/1/07
46 407,508 9.62% 9.5550% 30 Month-Days / 360 Year-Days 11/01/96 10/1/06
47 338,964 8.35% 7.8935% 30 Month-Days / 360 Year-Days 06/01/96 5/1/06
48 344,730 8.73% 8.6650% 30 Month-Days / 360 Year-Days 03/01/97 2/1/07
49 348,979 9.25% 9.1850% 30 Month-Days / 360 Year-Days 07/01/97 6/1/07
- --------------------------------------------------------------------------------------------------------------------------------
50 299,534 8.29% 8.2250% 30 Month-Days / 360 Year-Days 04/01/97 3/1/07
(1) 51 303,610 8.29% 8.2250% 30 Month-Days / 360 Year-Days 04/01/97 3/1/07
52 312,382 8.78% 7.8935% 30 Month-Days / 360 Year-Days 11/01/96 10/1/03
53 328,088 9.13% 9.0600% 30 Month-Days / 360 Year-Days 10/01/96 9/1/06
54 302,225 8.48% 8.4150% 30 Month-Days / 360 Year-Days 07/01/97 6/1/07
- --------------------------------------------------------------------------------------------------------------------------------
55 331,770 9.36% 9.2950% 30 Month-Days / 360 Year-Days 05/01/97 4/1/07
56 325,728 9.19% 9.1250% Actual Days / 360 Year-Days 10/01/96 9/1/06
57 320,080 9.06% 8.9950% 30 Month-Days / 360 Year-Days 05/01/97 4/1/17
58 309,043 9.28% 9.2150% 30 Month-Days / 360 Year-Days 04/01/97 3/1/07
59 300,387 8.93% 8.8650% 30 Month-Days / 360 Year-Days 03/01/97 2/1/07
- --------------------------------------------------------------------------------------------------------------------------------
60 317,539 8.72% 8.6590% 30 Month-Days / 360 Year-Days 01/01/97 12/1/06
61 292,727 8.95% 8.8850% 30 Month-Days / 360 Year-Days 01/01/97 12/1/06
62 294,146 9.53% 9.4600% 30 Month-Days / 360 Year-Days 06/01/97 5/1/07
63 285,429 9.15% 9.0850% 30 Month-Days / 360 Year-Days 11/01/96 9/1/01
64 296,498 8.73% 7.8935% 30 Month-Days / 360 Year-Days 01/01/97 12/1/06
- --------------------------------------------------------------------------------------------------------------------------------
65 248,150 8.26% 8.1950% 30 Month-Days / 360 Year-Days 02/01/97 1/1/07
65
65
66 271,307 8.75% 8.6850% 30 Month-Days / 360 Year-Days 11/01/96 10/1/06
67 267,364 9.33% 9.2650% 30 Month-Days / 360 Year-Days 06/01/97 5/1/04
- --------------------------------------------------------------------------------------------------------------------------------
68 246,032 8.72% 8.6550% 30 Month-Days / 360 Year-Days 04/01/97 3/1/07
68
68
69 252,787 9.05% 8.9850% 30 Month-Days / 360 Year-Days 12/01/96 11/1/06
70 258,351 9.13% 9.0600% 30 Month-Days / 360 Year-Days 10/01/96 8/1/06
- --------------------------------------------------------------------------------------------------------------------------------
71 234,706 9.72% 9.6550% 30 Month-Days / 360 Year-Days 11/01/96 10/1/06
72 217,998 9.26% 9.1950% 30 Month-Days / 360 Year-Days 11/01/96 10/1/06
73 193,206 8.29% 8.2250% 30 Month-Days / 360 Year-Days 04/01/97 3/1/07
74 194,712 8.59% 8.5250% 30 Month-Days / 360 Year-Days 02/01/97 1/1/07
75 195,411 8.94% 8.8750% 30 Month-Days / 360 Year-Days 02/01/97 1/1/07
- --------------------------------------------------------------------------------------------------------------------------------
76 167,709 8.47% 8.4050% 30 Month-Days / 360 Year-Days 05/01/97 4/1/07
77 191,222 9.58% 9.5150% 30 Month-Days / 360 Year-Days 02/01/97 1/1/17
78 166,787 8.79% 8.7250% 30 Month-Days / 360 Year-Days 10/01/96 9/1/06
79 147,553 7.95% 7.8850% 30 Month-Days / 360 Year-Days 04/01/96 3/1/06
80 150,360 8.47% 8.4050% 30 Month-Days / 360 Year-Days 05/01/97 4/1/07
- --------------------------------------------------------------------------------------------------------------------------------
81 146,851 8.97% 8.9050% 30 Month-Days / 360 Year-Days 05/01/97 4/1/07
82 144,155 8.49% 8.4250% 30 Month-Days / 360 Year-Days 02/01/97 1/1/07
83 148,970 8.79% 8.7250% 30 Month-Days / 360 Year-Days 10/01/96 9/1/06
84 146,519 9.13% 7.8935% 30 Month-Days / 360 Year-Days 09/01/96 8/1/06
85 147,453 9.12% 9.0550% 30 Month-Days / 360 Year-Days 04/01/97 3/1/07
- --------------------------------------------------------------------------------------------------------------------------------
86 145,714 9.10% 9.0370% 30 Month-Days / 360 Year-Days 04/01/97 3/1/07
87 135,437 9.01% 8.9450% 30 Month-Days / 360 Year-Days 06/01/97 5/1/07
88 125,734 9.02% 8.9540% 30 Month-Days / 360 Year-Days 06/01/97 12/1/03
89 125,521 9.00% 8.9350% 30 Month-Days / 360 Year-Days 05/01/97 4/1/07
90 131,994 9.59% 9.5250% 30 Month-Days / 360 Year-Days 06/01/97 5/1/07
- --------------------------------------------------------------------------------------------------------------------------------
91 136,223 10.33% 10.2670% 30 Month-Days / 360 Year-Days 03/01/97 2/1/17
92 112,869 8.74% 8.6750% 30 Month-Days / 360 Year-Days 05/01/97 4/1/07
93 101,203 8.29% 8.2250% 30 Month-Days / 360 Year-Days 04/01/97 3/1/07
94 102,902 9.01% 8.9450% 30 Month-Days / 360 Year-Days 12/01/96 11/1/06
95 104,094 9.41% 9.3450% 30 Month-Days / 360 Year-Days 06/01/97 4/30/07
- --------------------------------------------------------------------------------------------------------------------------------
96 98,167 8.94% 8.8700% 30 Month-Days / 360 Year-Days 02/01/97 1/1/07
97 98,613 9.38% 9.3100% 30 Month-Days / 360 Year-Days 11/01/96 9/1/06
98 83,855 8.47% 8.4050% 30 Month-Days / 360 Year-Days 03/01/97 2/1/07
</TABLE>
<PAGE> 7
<TABLE>
<CAPTION>
ASSET EMAINING REMAINING
# LOCKOUT LOCKBOX SEASONING TERM PREPAYMENT PENALTY TYPE
<S> <C> <C> <C> <C> <C>
1 43 No 5 114 Lock-Out/Greater of YM or 1% UPB
2 47 No 1 119 Lock-Out/Greater of YM or 1% UPB
3 0 No 277 83 Not Applicable
4 41 No 7 113 Lock-Out/Greater of YM or 1% UPB
5 0 No 10 74 YM then Declining Fee
- -----------------------------------------------------------------------------------------------------------
6 19 No 5 55 Lock-Out/Greater of YM or 1% UPB
6
6
6
6
- -----------------------------------------------------------------------------------------------------------
6
7 0 No 9 75 YM then Declining Fee
8 0 No 10 74 YM then Declining Fee
9 57 No 3 237 Lock-Out/Declining Fee
10 47 No 1 119 Lock-Out/Greater of YM or 1% UPB
- -----------------------------------------------------------------------------------------------------------
10
10
10
10
10
- -----------------------------------------------------------------------------------------------------------
10
11 43 No 5 115 Lock-Out/Greater of YM or 1% UPB
12 48 0 120 Lock-Out/Greater of YM or 1% UPB
13 43 No 5 115 Lock-Out/Greater of YM or 1% UPB
14 0 No 10 74 YM then Declining Fee
- -----------------------------------------------------------------------------------------------------------
15 0 No 11 109 > of YM/1% then Declining Fee
16 46 No 2 118 Lock-Out/Greater of YM or 1% UPB
17 45 No 3 117 Lock-Out/Greater of YM or 1% UPB
18 0 No 14 106 > of YM/1% then Declining Fee
19 18 No 6 78 Lock-Out/Greater of YM or 1% UPB
- -----------------------------------------------------------------------------------------------------------
20 44 No 4 116 Lock-Out/Greater of YM or 1% UPB
21 46 No 2 118 Lock-Out/Greater of YM or 1% UPB
22 0 No 9 75 > of YM/1% then Declining Fee
23 3 No 21 39 Lock-Out/Greater of YM or 1% UPB
24 45 No 3 117 Lock-Out/Greater of YM or 1% UPB
- -----------------------------------------------------------------------------------------------------------
25 46 No 2 118 Lock-Out/Greater of YM or 1% UPB
26 45 No 3 117 Lock-Out/Greater of YM or 1% UPB
27 47 No 1 119 Lock-Out/Yield Maintenance
28 47 No 1 119 Lock-Out/Greater of YM or 1% UPB
29 40 No 8 111 Lock-Out/Greater of YM or 1% UPB
- -----------------------------------------------------------------------------------------------------------
30 45 No 3 117 Lock-Out/Greater of YM or 1% UPB
31 46 No 2 118 Lock-Out/Greater of YM or 1% UPB
32 42 No 6 114 Lock-Out/Greater of YM or 1% UPB
33 0 No 5 114 > of YM/1% then Declining Fee
34 44 No 4 116 Lock-Out/Greater of YM or 1% UPB
- -----------------------------------------------------------------------------------------------------------
35 0 No 5 114 > of YM/1% then Declining Fee
36 46 No 2 118 Lock-Out/Greater of YM or 1% UPB
(1) 37 20 No 4 80 Lock-Out/Declining Fee
38 0 No 7 113 > of YM/1% then Declining Fee
39 43 No 5 115 Lock-Out/Greater of YM or 1% UPB
- -----------------------------------------------------------------------------------------------------------
40 43 No 5 115 Lock-Out/Greater of YM or 1% UPB
41 42 No 6 114 Lock-Out/Greater of YM or 1% UPB
42 46 No 2 118 Lock-Out/Greater of YM or 1% UPB
43 0 No 8 112 > of YM/1% then Declining Fee
44 40 No 8 112 Lock-Out/Greater of YM or 1% UPB
- -----------------------------------------------------------------------------------------------------------
45 44 No 4 116 Lock-Out/Greater of YM or 1% UPB
46 40 No 8 112 Lock-Out/Greater of YM or 1% UPB
47 0 No 13 107 > of YM/1% then Declining Fee
48 44 No 4 116 Lock-Out/Greater of YM or 1% UPB
49 12 Yes 0 120 Lock-Out/Greater of YM or 1% UPB
- -----------------------------------------------------------------------------------------------------------
50 45 No 3 117 Lock-Out/Greater of YM or 1% UPB
(1) 51 45 No 3 117 Lock-Out/Greater of YM or 1% UPB
52 0 No 8 76 > of YM/1% then Declining Fee
53 39 No 9 111 Lock-Out/Greater of YM or 1% UPB
54 48 No 0 120 Lock-Out/Greater of YM or 1% UPB
- -----------------------------------------------------------------------------------------------------------
55 46 No 2 118 Lock-Out/Greater of YM or 1% UPB
56 39 No 9 111 Lock-Out/Greater of YM or 1% UPB
57 82 No 2 238 Lock-Out/Greater of YM or 1% UPB
58 45 No 3 117 Lock-Out/Greater of YM or 1% UPB
59 44 No 4 116 Lock-Out/Greater of YM or 1% UPB
- -----------------------------------------------------------------------------------------------------------
60 42 No 6 114 Lock-Out/Greater of YM or 1% UPB
61 0 No 6 114 Greater of YM or 1% UPB
62 47 No 1 119 Lock-Out/Greater of YM or 1% UPB
63 16 No 8 51 Lock-Out/Greater of YM or 1% UPB
64 0 No 6 114 > of YM/1% then Declining Fee
- -----------------------------------------------------------------------------------------------------------
65 43 No 5 115 Lock-Out/Greater of YM or 1% UPB
65
65
66 40 No 8 112 Lock-Out/Greater of YM or 1% UPB
67 23 Yes 1 83 Lock-Out/Greater of YM or 1% UPB
- -----------------------------------------------------------------------------------------------------------
68 45 No 3 117 Lock-Out/Greater of YM or 1% UPB
68
68
69 41 No 7 113 Lock-Out/Greater of YM or 1% UPB
70 15 No 9 110 Lock-Out/Greater of YM or 1% UPB
- -----------------------------------------------------------------------------------------------------------
71 40 No 8 112 Lock-Out/Greater of YM or 1% UPB
72 40 No 8 112 Lock-Out/Greater of YM or 1% UPB
73 45 No 3 117 Lock-Out/Greater of YM or 1% UPB
74 43 No 5 115 Lock-Out/Greater of YM or 1% UPB
75 43 No 5 115 Lock-Out/Greater of YM or 1% UPB
- -----------------------------------------------------------------------------------------------------------
76 46 No 2 118 Lock-Out/Greater of YM or 1% UPB
77 79 No 5 235 Lock-Out/Greater of YM or 1% UPB
78 39 No 9 111 Lock-Out/Greater of YM or 1% UPB
79 0 No 15 105 > of YM/1% then Declining Fee
80 46 No 2 118 Lock-Out/Greater of YM or 1% UPB
- -----------------------------------------------------------------------------------------------------------
81 46 No 2 118 Lock-Out/Greater of YM or 1% UPB
82 43 No 5 115 Lock-Out/Greater of YM or 1% UPB
83 39 No 9 111 Lock-Out/Greater of YM or 1% UPB
84 0 No 10 110 > of YM/1% then Declining Fee
85 45 No 3 117 Lock-Out/Greater of YM or 1% UPB
- -----------------------------------------------------------------------------------------------------------
86 45 No 3 117 Lock-Out/Greater of YM or 1% UPB
87 47 No 1 119 Lock-Out/Greater of YM or 1% UPB
88 23 No 1 78 Lock-Out/Greater of YM or 1% UPB
89 46 No 2 118 Lock-Out/Greater of YM or 1% UPB
90 47 No 1 119 Lock-Out/Greater of YM or 1% UPB
- -----------------------------------------------------------------------------------------------------------
91 80 No 4 236 Lock-Out/Greater of YM or 1% UPB
92 46 No 2 118 Lock-Out/Greater of YM or 1% UPB
93 45 No 3 117 Lock-Out/Greater of YM or 1% UPB
94 41 No 7 113 Lock-Out/Greater of YM or 1% UPB
95 47 No 1 119 Lock-Out/Greater of YM or 1% UPB
- -----------------------------------------------------------------------------------------------------------
96 19 No 5 115 Lock-Out/Greater of YM or 1% UPB
97 16 No 8 111 Lock-Out/Greater of YM or 1% UPB
98 44 No 4 116 Lock-Out/Greater of YM or 1% UPB
</TABLE>
<PAGE> 8
<TABLE>
<CAPTION>
ASSET ORIGINAL BALLOON YEAR
# PREPAYMENT PENALTY (2), (3) VALUE LTV LTV AMORTIZATION BUILT
<S> <C> <C> <C> <C> <C> <C>
1 LO - 48, YM2-112, 30,500,000 74% 64% 336 1961
2 LO - 48, YM2-113, 27,000,000 68% 60% 360 1993
3 48,000,000 98% 360 1970
4 LO - 48, YM2-113, 21,150,000 71% 63% 360 1990
5 YM1- 42, 2 - 48, 1 - 60, 0.5- 72 17,000,000 74% 69% 360 1989
- --------------------------------------------------------------------------------------------------------------------------------
6 LO - 24, YM2- 53, 14,950,000 80% 76% 360
6 4,600,000 1976
6 1,800,000 1973
6 1,500,000 1974
6 3,550,000 1974
- --------------------------------------------------------------------------------------------------------------------------------
6 3,500,000 1974
7 YM1- 60, 2 - 72, 1 - 78 15,750,000 75% 70% 360 1990
8 YM1- 42, 2 - 48, 1 - 60, 0.5- 72 18,220,000 64% 60% 360 1989
9 LO - 60, 7 - 72, 6 - 84, 5 - 96, 4 -108, 3 -120, 2 -132, 17,300,000 61% 240 1969
10 LO - 48, YM2-113, 13,050,000 79% 70% 360
- --------------------------------------------------------------------------------------------------------------------------------
10 2,330,000 1985
10 2,150,000 1984
10 2,300,000 1984
10 2,200,000 1985
10 2,120,000 1984
- --------------------------------------------------------------------------------------------------------------------------------
10 1,950,000 1984
11 LO - 48, YM2-113, 14,200,000 72% 60% 300 1914
12 LO - 48, YM2-113, 12,200,000 79% 70% 360 1965
13 LO - 48, YM2-113, 15,100,000 63% 51% 300 1972
14 YM1- 42, 2 - 48, 1 - 60, 0.5- 72 13,000,000 72% 67% 360 1989
- --------------------------------------------------------------------------------------------------------------------------------
15 YM1- 84, 3 - 96, 2 -108, 1 -114 12,300,000 75% 67% 360 1972
16 LO - 48, YM2-113, 10,800,000 79% 71% 360 1970
17 LO - 48, YM2-113, 10,500,000 81% 71% 360 1979
18 YM1- 84, 3 - 96, 2 -108, 1 -114 11,400,000 75% 65% 360 1975
19 LO - 24, YM2- 77, 12,300,000 69% 64% 360 1974
- --------------------------------------------------------------------------------------------------------------------------------
20 LO - 48, YM2-113, 15,400,000 54% 45% 300 1978
21 LO - 48, YM2-113, 10,400,000 79% 71% 360 1970
22 YM1- 60, 2 - 72, 1 - 78 10,400,000 74% 68% 360 1969
23 LO - 24, YM2- 53, 9,500,000 74% 69% 300 1972
24 LO - 48, YM2-113, 9,200,000 76% 67% 360 1977
- --------------------------------------------------------------------------------------------------------------------------------
25 LO - 48, YM2-113, 10,500,000 65% 55% 324 1970
26 LO - 48, YM2-113, 8,100,000 81% 71% 360 1979
27 LO - 48, YM1-113, 9,300,000 68% 56% 300 1980
28 LO - 48, YM2-113, 8,100,000 74% 67% 360 1996
29 LO - 48, YM2-112, 7,500,000 80% 72% 360 1990
- --------------------------------------------------------------------------------------------------------------------------------
30 LO - 48, YM2-113, 8,600,000 63% 52% 300 1986
31 LO - 48, YM2-113, 6,800,000 80% 65% 300 1972
32 LO - 48, YM2-113, 7,025,000 75% 62% 300 1978
33 YM1- 83, 3 - 95, 2 -107, 1 -113 6,600,000 77% 61% 287 1974
34 LO - 48, YM2-113, 10,200,000 50% 41% 300 1988
- --------------------------------------------------------------------------------------------------------------------------------
35 YM1- 83, 3 - 95, 2 -107, 1 -113 6,500,000 70% 54% 271 1986
36 LO - 48, YM2-113, 8,500,000 53% 44% 300 1986
(1) 37 LO - 22, 3 - 34, 2 - 46, 1 - 76, 6,500,000 69% 62% 300 1962
38 YM1- 84, 3 - 96, 2 -108, 1 -114 5,800,000 77% 68% 360 1970
39 LO - 48, YM2-113, 6,600,000 67% 50% 258 1981
- --------------------------------------------------------------------------------------------------------------------------------
40 LO - 48, YM2-113, 6,400,000 68% 56% 300 1983
41 LO - 48, YM2-113, 5,700,000 75% 64% 324 1989
42 LO - 48, YM2-113, 5,500,000 73% 60% 300 1947
43 YM1- 84, 3 - 96, 2 -108, 1 -114 5,100,000 77% 68% 360 1982
44 LO - 48, YM2-113, 5,400,000 72% 62% 324 1977
- --------------------------------------------------------------------------------------------------------------------------------
45 LO - 48, YM2-113, 6,200,000 62% 51% 300 1977
46 LO - 48, YM2-113, 5,800,000 66% 56% 300 1985
47 YM1- 84, 3 - 96, 2 -108, 1 -114 5,000,000 75% 66% 360 1988
48 LO - 48, YM2-113, 5,800,000 60% 50% 300 1963
49 LO - 12, YM2-113, 5,100,000 69% 62% 360 1961
- --------------------------------------------------------------------------------------------------------------------------------
50 LO - 48, YM2-113, 4,100,000 81% 71% 360 1981
(1) 51 LO - 46, YM2-113, 5,360,000 62% 53% 336 1987
52 YM1- 60, 2 - 72, 1 - 78 4,500,000 73% 68% 360 1970
53 LO - 48, YM2-113, 5,302,000 61% 50% 300 1975
54 LO - 48, YM2-113, 5,200,000 62% 52% 324 1888
- --------------------------------------------------------------------------------------------------------------------------------
55 LO - 48, YM2-113, 4,260,000 75% 63% 300 1983
56 LO - 48, YM2-113, 4,770,000 67% 55% 300 1984
57 LO - 84, YM2-233, 4,400,000 68% 8% 254 1962
58 LO - 48, YM2-113, 4,200,000 71% 59% 300 1920
59 LO - 48, YM2-113, 4,000,000 75% 62% 300 1987
- --------------------------------------------------------------------------------------------------------------------------------
60 LO - 48, YM2-107, 9,700,000 31% 22% 240 1917
61 YM2-113, 4,800,000 59% 47% 276 1920
62 LO - 48, YM2-113, 4,300,000 65% 55% 300 1980
63 LO - 24, YM2- 52, 5,400,000 52% 49% 300 1985
64 YM1- 84, 3 - 96, 2 -108, 1 -114 4,000,000 70% 49% 240 1973
- --------------------------------------------------------------------------------------------------------------------------------
65 LO - 48, YM2-113, 5,500,000 50% 44% 360
65 2,500,000 1985
65 3,000,000 1985
66 LO - 48, YM2-113, 4,050,000 68% 56% 300 1971
67 LO - 24, YM2- 77, 3,550,000 73% 66% 300 1936
- --------------------------------------------------------------------------------------------------------------------------------
68 LO - 48, YM2-113, 3,865,000 65% 53% 300
68 2,700,000 1986
68 1,165,000 1975
69 LO - 48, YM2-113, 3,925,000 64% 53% 300 1976
70 LO - 24, YM2-112, 3,650,000 62% 40% 216 1965
- --------------------------------------------------------------------------------------------------------------------------------
71 LO - 48, YM2-113, 3,250,000 68% 57% 300 1968
72 LO - 48, YM2-113, 3,000,000 71% 59% 300 1984
73 LO - 48, YM2-113, 3,100,000 68% 58% 336 1970
74 LO - 48, YM2-113, 3,200,000 63% 51% 300 1981
75 LO - 48, YM2-113, 3,000,000 65% 54% 300 1957
- --------------------------------------------------------------------------------------------------------------------------------
76 LO - 48, YM2-113, 2,490,000 70% 57% 300 1978
77 LO - 84, YM2-233, 2,700,000 63% 240 1985
78 LO - 48, YM2-113, 3,200,000 53% 43% 300 1987
79 YM1- 84, 3 - 96, 2 -108, 1 -114 2,200,000 73% 59% 300 1967
80 LO - 48, YM2-113, 2,270,000 69% 56% 300 1979
- --------------------------------------------------------------------------------------------------------------------------------
81 LO - 48, YM2-113, 2,200,000 69% 62% 360 1986
82 LO - 48, YM2-113, 2,350,000 65% 55% 324 1979
83 LO - 48, YM2-113, 2,450,000 61% 51% 300 1986
84 YM1- 84, 3 - 96, 2 -108, 1 -114 2,000,000 75% 67% 360 1973
85 LO - 48, YM2-113, 1,950,000 74% 62% 300 1996
- --------------------------------------------------------------------------------------------------------------------------------
86 LO - 48, YM2-113, 1,980,000 72% 60% 300 1982
87 LO - 48, YM2-113, 1,750,000 78% 67% 324 1972
88 LO - 24, YM2- 72, 2,250,000 58% 54% 360 1972
89 LO - 48, YM2-112, 1,675,000 78% 69% 360 1986
90 LO - 48, YM2-113, 1,700,000 74% 62% 300 1987
- --------------------------------------------------------------------------------------------------------------------------------
91 LO - 84, YM2-233, 1,817,000 63% 240 1963
92 LO - 48, YM2-113, 1,600,000 72% 59% 300 1975
93 LO - 48, YM2-113, 2,200,000 50% 43% 336 1971
94 LO - 48, YM2-113, 1,600,000 64% 53% 300 1979
95 LO - 48, YM2-113, 1,400,000 71% 60% 300 1986
- --------------------------------------------------------------------------------------------------------------------------------
96 LO - 24, YM2-113, 1,420,000 69% 57% 300 1991
97 LO - 24, YM2-112, 1,540,000 62% 52% 300 1966
98 LO - 48, YM2-113, 1,200,000 73% 59% 300 1966
</TABLE>
<PAGE> 9
<TABLE>
<CAPTION>
IDENTIFIED
ASSET YEAR OCCUPANCY DEFERRED
# RENOVATED UNIT UNIT MEASURE OCCUPANCY PERIOD MAINTENANCE
<S> <C> <C> <C> <C> <C> <C>
1 1996 295,405 sf 100% 11/06/96 $ 23,050
2 334,566 sf 95% 12/18/96 2,050
3 505,714 sf 95% 02/03/97 123,500
4 178,232 sf 95% 10/11/96 7,900
5 384 units 97% 12/01/96 -
- -----------------------------------------------------------------------------------------------------------------
6 841 units -
6 232 units 88% 11/19/96 820
6 117 units 92% 11/19/96 650
6 109 units 93% 10/30/96 11,994
6 185 units 95% 11/19/96 1,625
- -----------------------------------------------------------------------------------------------------------------
6 198 units 95% 11/19/96 5,600
7 312 units 89% 06/28/96 1,924
8 400 units 92% 11/22/96 -
9 320 beds 98% 01/03/97 -
10 480 units -
- -----------------------------------------------------------------------------------------------------------------
10 88 units 96% 04/03/97 2,464
10 1996 80 units 99% 04/03/97 11,620
10 80 units 93% 04/03/97 5,364
10 80 units 93% 04/22/97 8,070
10 80 units 86% 04/03/97 3,380
- -----------------------------------------------------------------------------------------------------------------
10 72 units 99% 04/03/97 3,858
11 1996 284,127 sf 95% 12/01/96 700
12 1996 312 units 99% 04/01/97 -
13 1996 165,299 sf 86% 12/18/96 485,500
14 264 units 100% 11/30/96 -
- -----------------------------------------------------------------------------------------------------------------
15 1994 272 units 97% 06/03/96 68,240
16 1996 574 units 87% 03/09/97 11,626
17 512 units 97% 01/22/96 27,350
18 1996 288 units 97% 12/31/96 69,000
19 288 units 90% 08/30/96 142,400
- -----------------------------------------------------------------------------------------------------------------
20 136 rooms 79% 09/01/96 -
21 1996 514 units 94% 03/05/97 18,966
22 1996 340 units 93% 05/30/96 35,780
23 1987 234,200 sf 100% 11/23/96 20,050
24 440 units 94% 01/22/97 21,750
- -----------------------------------------------------------------------------------------------------------------
25 1995 418 units 86% 02/25/97 14,800
26 384 units 91% 01/22/97 19,500
27 270,600 sf 98% 04/15/97 20,050
28 103,000 sf 100% 04/17/97 3,700
29 249 units 97% 09/06/96 1,600
- -----------------------------------------------------------------------------------------------------------------
30 66,206 sf 100% 01/10/97 18,698
31 195 units 99% 02/20/97 79,875
32 87,330 sf 97% 11/07/96 4,000
33 198 units 94% 10/01/96 5,200
34 80 rooms 77% 12/31/96 -
- -----------------------------------------------------------------------------------------------------------------
35 159 units 93% 11/14/96 13,580
36 88,453 sf 75% 03/05/97 30,100
(1) 37 1995 46,135 sf 93% 12/27/96 3,300
38 1996 156 units 99% 09/30/96 27,000
39 1995 235 rooms 56% 10/01/96 -
- -----------------------------------------------------------------------------------------------------------------
40 1996 232 units 90% 12/11/96 25,452
41 140,483 sf 100% 10/31/96 600
42 1983 95,279 sf 100% 02/05/97 600
43 176 units 98% 07/23/96 -
44 113,141 sf 96% 07/18/96 4,417
- -----------------------------------------------------------------------------------------------------------------
45 1996 54,943 sf 97% 12/23/96 116,730
46 93,789 sf 100% 09/01/96 2,250
47 120 units 98% 12/01/96 4,000
48 1981 74,283 sf 95% 12/31/96 39,000
49 241,488 sf 100% 04/15/97 4,500
- -----------------------------------------------------------------------------------------------------------------
50 216 units 98% 02/14/97 27,750
(1) 51 163 units 98% 02/12/97 3,000
52 128 units 100% 07/31/96 3,910
53 1987 57,391 sf 100% 06/06/96 68,100
54 1996 38 units 97% 04/15/97 -
- -----------------------------------------------------------------------------------------------------------------
55 125 beds 100% 02/13/97 19,424
56 176 beds 95% 08/06/96 -
57 106,846 sf 100% 02/01/97 20,540
58 1983 55,016 sf 100% 01/28/97 125
59 39,538 sf 100% 12/03/96 -
- -----------------------------------------------------------------------------------------------------------------
60 170,050 sf 98% 11/13/96 129,550
61 45 rooms 100% -
62 22,231 sf 97% 03/27/97 40,195
63 184,676 sf 83% 07/18/96 -
64 1996 134 units 100% 12/01/96 20,550
- -----------------------------------------------------------------------------------------------------------------
65 120 units -
65 49 units 96% 11/20/96 1,425
65 1996 71 units 96% 11/20/96 1,625
66 1996 100 units 94% 09/09/96 18,700
67 1996 27,183 sf 100% 03/17/97 480
- -----------------------------------------------------------------------------------------------------------------
68 475 units -
68 287 units 98% 01/17/97 1,100
68 1980 188 units 96% 01/21/97 2,063
69 314 units 89% 10/09/96 -
70 1993 53,600 sf 100% 04/22/96 16,100
- -----------------------------------------------------------------------------------------------------------------
71 72,000 sf 99% 08/12/96 1,750
72 43,398 sf 98% 08/01/96 6,200
73 125 units 96% 01/31/97 7,025
74 63,041 sf 96% 12/17/96 2,902
75 1996 146,500 sf 100% 10/16/96 175,000
- -----------------------------------------------------------------------------------------------------------------
76 250 units 92% 12/31/96 -
77 1996 117 rooms 73,588
78 52,815 sf 100% 06/12/96 2,000
79 106 units 92% 12/26/96 6,870
80 240 units 91% 12/01/96 -
- -----------------------------------------------------------------------------------------------------------------
81 48 units 96% 11/18/96 -
82 190 units 96% 11/25/96 152,331
83 31,837 sf 100% 06/05/96 3,000
84 70 units 97% 01/13/97 36,500
85 13,500 sf 100% 01/02/97 -
- -----------------------------------------------------------------------------------------------------------------
86 45,864 sf 100% 01/08/97 3,063
87 1994 140 units 87% 01/31/97 32,690
88 54 units 94% 02/01/97
89 98 units 97% 03/03/97 18,750
90 19,320 sf 100% 02/28/97 11,452
- -----------------------------------------------------------------------------------------------------------------
91 82 rooms 37,440
92 1995 74 units 95% 03/07/97 1,025
93 90 units 100% 02/12/97 2,400
94 1996 49,885 sf 89% 09/18/96 15,950
95 15,000 sf 100% 03/31/97 150
- -----------------------------------------------------------------------------------------------------------------
96 1995 33,745 sf 100% 12/17/96 300
97 1995 47,305 sf 100% 09/06/96 9,265
98 44 units 98% 11/18/96 7,450
</TABLE>
<PAGE> 10
<TABLE>
<CAPTION>
RESERVE FOR
ASSET DEFERRED ACTUAL ON-GOING U/W ON-GOING LEASE % OF
# MAINTENANCE CAPITAL ITEMS CAPITAL ITEMS ANCHOR/TENANTS/FRANCHISE EXPIRATION TOTAL SF
<S> <C> <C> <C> <C> <C> <C>
1 - $ 0.05 $ 0.32 Home Quarters 01/31/15 37%
2 - 0.07 0.29 Builders Square No. 1388 03/31/19 33%
3 - - 2.07 Kaiser Foundation Health 02/28/01 31%
4 - 0.05 0.44 Plitt Theater 11/16/10 28%
5 - - 250.00
- --------------------------------------------------------------------------------------------------------------------------------
6 $ 61,470 - 83.59
6 197.09 303.00
6 332.10 303.00
6 322.60 303.00
6 356.25 303.00
- --------------------------------------------------------------------------------------------------------------------------------
6 289.01 303.00
7 - 212.31 255.00
8 - 199.02 215.00
9 - 185.92 250.00
10 324,995 - 36.67
- --------------------------------------------------------------------------------------------------------------------------------
10 280.73 200.00
10 262.44 200.00
10 271.75 200.00
10 252.58 200.00
10 276.62 200.00
- --------------------------------------------------------------------------------------------------------------------------------
10 260.08 200.00
11 8,750 0.11 0.35 Soo Line Railroad Company 05/01/01 50%
12 - - 200.00
13 - 0.41 1.99 Netcom On Line Communications 08/31/99 23%
14 - 190.22 300.00
- --------------------------------------------------------------------------------------------------------------------------------
15 - 241.62 215.00
16 - 175.14 200.00
17 - 199.91 200.00
18 - 274.64 329.00
19 - 278.89 555.45
- --------------------------------------------------------------------------------------------------------------------------------
20 - 320.62 1,305.65
21 - 186.99 200.00
22 - 194.77 210.00
23 - 0.09 0.76
24 - 163.30 200.00
- --------------------------------------------------------------------------------------------------------------------------------
25 - 148.15 225.00
26 - 138.53 200.00
27 - 0.16 0.53 Priority Cable 05/31/99 6%
28 - 0.09 0.10 Asset Marketing Services, Inc. 08/31/11 100%
29 62,250 159.95 200.00
- --------------------------------------------------------------------------------------------------------------------------------
30 - 0.12 0.98 CIMA 11/30/00 13%
31 - 223.70 225.00
32 - 0.07 0.78 IRS 03/01/98 25%
33 - 281.91 300.00
34 - 419.17 1,118.28
- --------------------------------------------------------------------------------------------------------------------------------
35 - 222.67 225.00
36 - 0.33 0.87 C & S Music, Inc. 10/31/03 15%
(1) 37 - 0.20 0.63 Kings Supermarket 08/31/15 47%
38 - 302.50 310.00
39 - 791.19 949.42 Hockman Communications 04/30/05 2%
- --------------------------------------------------------------------------------------------------------------------------------
40 4,833 248.13 250.00
41 - 0.11 0.20 K-Mart Corporation 11/30/13 62%
42 - 0.34 0.45 United States of America, GSA 06/01/03 59%
43 - 202.62 210.00
44 - 230.00 0.40 Clover Management 4%
- --------------------------------------------------------------------------------------------------------------------------------
45 - 0.16 0.73 Hitchcock Furniture 04/30/11 26%
46 - 0.11 0.58 AlphaGraphics 06/01/02 58%
47 - 228.62 235.00
48 - 0.14 0.67 King Kullen Grocery Co., Inc. 11/30/01 40%
49 - 0.11 0.25 M. Kamenstein, Inc. 06/30/01 100%
- --------------------------------------------------------------------------------------------------------------------------------
50 - 168.86 200.00
(1) 51 - 256.36 251.33
52 - 253.71 225.00
53 - 0.13 0.81 TCI Cable, Inc. 03/31/04 38%
54 - 155.07 549.47 Austin's Old Market 10/31/05 12%
- --------------------------------------------------------------------------------------------------------------------------------
55 - 43.72 300.00
56 - 328.13 300.00
57 - 0.23 0.67 Maine Hardware 02/28/01 26%
58 - 0.32 0.94 MEMIC 08/31/03 63%
59 - 0.15 0.20 Clinicomp International 06/30/03 99%
- --------------------------------------------------------------------------------------------------------------------------------
60 - 0.06 0.94 Federation Emp. & Guidance Ser 02/28/03 43%
61 15,749 966.84 4,199.78
62 - 0.43 1.36 Warehouse Wines & Liquior 10/31/99 38%
63 - 0.24 0.45 Roses Stores, Inc. 03/04/06 25%
64 - 270.06 290.00
- --------------------------------------------------------------------------------------------------------------------------------
65 - - 237.97
65 - 272.04 582.78
65 - 214.96 -
66 - 423.16 423.00
67 - 0.01 0.70 Hollywood Video 01/19/06 33%
- --------------------------------------------------------------------------------------------------------------------------------
68 - - 49.80
68 - 0.01 82.42
68 - - -
69 - 227.02 240.00
70 - 0.20 0.14 The Penn Traffic Co.(Quality) 09/30/08 100%
- --------------------------------------------------------------------------------------------------------------------------------
71 - 0.20 0.67 Claitor's Law Books 09/30/06 28%
72 - 0.16 0.83 Eckerd Drugs of Texas,Inc. 03/01/06 22%
73 - 249.67 251.33
74 - 0.31 0.67 Winn Dixie Raleigh, Inc. 04/30/01 44%
75 - 0.12 0.24 Bergen Brunswig Drug Co. 09/30/06 100%
- --------------------------------------------------------------------------------------------------------------------------------
76 - 244.99 250.00
77 - 317.33 437.89
78 - 0.16 1.09 S.M.A.R.T. Health Center, Inc. 03/31/00 24%
79 - 276.28 265.00
80 - 204.44 250.00
- --------------------------------------------------------------------------------------------------------------------------------
81 - 714.49 250.00
82 - 230.77 304.56
83 - 0.17 1.06 Drs. G. Garlington, H. Gibson 08/09/99 15%
84 15,000 293.09 300.00
85 174 0.13 0.15 Fay's, Inc. 01/31/12 100%
- --------------------------------------------------------------------------------------------------------------------------------
86 - 0.15 0.15 GC International 08/31/11 100%
87 - 265.30 265.00
88 - - 410.00
89 - 188.78 200.00
90 - 0.17 1.15 Oriental Mart, Inc. 10/31/01 46%
- --------------------------------------------------------------------------------------------------------------------------------
91 - 242.38 280.32
92 - 240.87 241.00
93 - 244.10 251.33
94 - 0.13 0.27 Heartland Industries, Inc. 09/30/99 20%
95 339 0.26 0.73 National Stonehenge Corp. 12/31/12 100%
- --------------------------------------------------------------------------------------------------------------------------------
96 - 0.02 0.87 United Parcel Service, Inc. 06/30/00 100%
97 - 0.10 0.15 Quality Markets, Inc. 01/31/10 100%
98 - 266.29 266.00
</TABLE>
<PAGE> 11
<TABLE>
<CAPTION>
ASSET LEASE % OF LEASE % OF
# ANCHOR2/TENANTS2 EXPIRATION TOTAL SF ANCHOR3/TENANTS3 EXPIRATION TOTAL SF
<S> <C> <C> <C> <C> <C> <C>
1 Harris Teeter 06/30/16 22% Linens 'N Things - Store #49 01/31/11 13%
2 1/2 Price Stores, Inc. 07/31/09 23% Homeplace Stores, Inc. # 12 09/30/15 16%
3 Kaiser Cement Corp. 05/31/04 11% KPMG Peat Marwick 04/30/03 4%
4 T.J. Maxx 10/31/04 20% Office Max 11/30/09 13%
5
- ---------------------------------------------------------------------------------------------------------------------------------
6
6
6
6
6
- ---------------------------------------------------------------------------------------------------------------------------------
6
7
8
9
10
- ---------------------------------------------------------------------------------------------------------------------------------
10
10
10
10
10
- ---------------------------------------------------------------------------------------------------------------------------------
10
11 Hobbit Travel, Inc. 03/31/97 3% Sahr, Kunert and Tambornino 03/31/97 2%
12
13 San Jose State University 10/14/01 9% Synacom Technology, Inc. 02/28/02 6%
14
- ---------------------------------------------------------------------------------------------------------------------------------
15
16
17
18
19
- ---------------------------------------------------------------------------------------------------------------------------------
20
21
22
23
24
- ---------------------------------------------------------------------------------------------------------------------------------
25
26
27 PMI 09/30/99 4% Fassetts 12/31/97 4%
28
29
- ---------------------------------------------------------------------------------------------------------------------------------
30 Yhap 11/30/97 5% Food Spot 06/27/00 3%
31
32 MRA 06/15/99 25% NCM 10/31/97 18%
33
34
- ---------------------------------------------------------------------------------------------------------------------------------
35
36 Coldwell Banker, Paula Stringr 02/28/01 Don Pablos 07/31/97 10%
(1) 37 United National Bank 04/30/01 10% Country Squire Luncheonette 06/30/99 8%
38
39 Bea Gift Shop 01/01/97
- ---------------------------------------------------------------------------------------------------------------------------------
40
41 Pick N' Save (Jondex Corp.) 12/31/09 31% Fashion Bug 01/31/00 4%
42 CED Electric 04/01/00 25% Vanderhooft 10/10/99 9%
43
44 Jack's Place 08/01/00 4% American Heart Associates 12/15/97 3%
- ---------------------------------------------------------------------------------------------------------------------------------
45 Beazley Westvill, Inc. 10/30/00 9% China Pavilion 10/31/01 9%
46 American Transtech, Inc. 09/15/99 39% Tucell Liminted Partnership 01/01/00
47
48 ByMor Bethpage Drugs, Inc. 07/31/03 5% Erga Bakery, Inc. 09/30/99 5%
49
- ---------------------------------------------------------------------------------------------------------------------------------
50
(1) 51
52
53 Charlie Mac's Sports Bar 12/31/97 33% Powerhouse Gym 02/28/04 14%
54 Old Chicago, Inc. 04/30/06 11% The Bone Appetit Bakery 03/31/98
- ---------------------------------------------------------------------------------------------------------------------------------
55
56
57 Spot Shot Billards 07/31/99 10% Union St. Fitness Depot 03/31/04 9%
58 Annie E. Casey Fndtn Inc. 12/31/01 18% Deal Corp. 11/01/01 11%
59
- ---------------------------------------------------------------------------------------------------------------------------------
60 Bronx Lebanon Hospital Center 12/31/11 7% Bronx Lebanon Center 01/31/97 6%
61
62 L. Brandman & Sons, Inc. 06/30/98 13% Dairy Mart Store #16 11/30/98 9%
63 Sears, Roebuck & Co. 11/15/99 22% Leggett of Delaware, inc. 04/29/06 16%
64
- ---------------------------------------------------------------------------------------------------------------------------------
65
65
65
66
67 Copy Comm, Inc. 02/09/02 18% Crossroads Market Bookstore 04/30/99 14%
- ---------------------------------------------------------------------------------------------------------------------------------
68
68
68
69
70
- ---------------------------------------------------------------------------------------------------------------------------------
71 Eckerd Drug 07/07/01 17% Interiors Market 12/31/98 11%
72 Baylor Medical Center at Irvig 07/31/06 14% Bethesda Lutheran Homes & Serv 11/30/97 11%
73
74 Revco Drug Centers of VA., Inc 01/31/02 13% Movie Gallery 05/31/98 8%
75
- ---------------------------------------------------------------------------------------------------------------------------------
76
77
78 The Fox and the Hound 02/28/99 12% Green Oaks Chinese Cafe 04/30/03 9%
79
80
- ---------------------------------------------------------------------------------------------------------------------------------
81
82
83 Clubhouse Golf 12/31/98 9% Quick Investment dba Pizza Inn 05/31/01 12%
84
85
- ---------------------------------------------------------------------------------------------------------------------------------
86
87
88
89
90 Coral Springs Nail Express,Inc 10/31/01 13% Eagle Cleaners 06/30/00 13%
- ---------------------------------------------------------------------------------------------------------------------------------
91
92
93
94 Aerospace & Corrosion Intn'l 11/30/98 17% Vancouver Woodworks, Inc. 07/31/01 13%
95
- ---------------------------------------------------------------------------------------------------------------------------------
96 SMSA Ltd Part-cell.phone tower 10/31/12
97 Marine Midland Bank 04/30/98
98
</TABLE>
(1) The number of lockout periods for these loans were calculated based on the
origination date and not the first payment date in the loan documents.
(2) Numbers indicate last month of each penalty from the first payment date.
For example LO-48, YM2-96 implies lockout for 48 months follwed by yield
maintenance through the 96th month.
(3) For YM1 - Yield Maintenance is calculated by multiplying the prepayment
amount by the difference between a yield rate (as specified in the note)
and the current coupon multiplied by the present value factor.
For YM2- Yield Maintenance is calculated as the present value of the
remaining payments of principal and interest at a discount rate (as
specified in the note) less the amount of principal being prepaid.
