SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: April 16, 1997
(Date of earliest event reported)
Asset Securitization Corporation
Commercial Mortgage Pass-Through Certificates
Series 1997-D4
- -------------------------------------------------------------------
(Exact Name of registrant as specified in its charter)
Delaware 33-49370-05 13-3672337
- ------------- -------------------- ----------------------
(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 5 Pages.
The Exhibit Index is on Page 5 .
<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 1997-D4
issued pursuant to a Pooling and Servicing Agreement, dated as of March 27,
1997 (the "Pooling and Servicing Agreement"), by and among Asset Securitization
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.33-99502) (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 April 16, 1997
monthly distribution report prepared by the Trustee pursuant to Section
4.02(b)(i) thereof.
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 April
16, 1997
<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 ASSET SECURITIZATION
CORPORATION, REGISTRANT
By: /s/ Daniel B. Kirby
Daniel B. Kirby,
Senior Vice President
By: /s/ Sean D. Reilly
Sean D. Reilly
Vice President
Date: May 1, 1997
<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 April 16,
1997
<PAGE>
ABN AMRO
LaSalle National Bank
Administrator:
Juliana Man (800) 246-5761
135 S. LaSalle Street Suite 1740
Chicago, IL 60603
AMRESCO Management, Inc. as Servicer
Commercial Mortgage Pass Through Certificates
Series 1997 - D4
ABN AMRO Acct: 67-7713-12-5
Payment Date: 04/16/97
Prior Payment: NA
Record Date: 04/10/97
WAC: 8.665913%
WAMM: 311
Number Of Pages
Table Of Contents 1
REMIC Certificate Report 5
Other Related Information 5
Asset Backed Facts Sheets 1
Mortgage Loan Characteristics 2
Loan Level Listing 5
Total Pages Included In This Package 19
Specially Serviced Loan Detail Appendix A
Modified Loan Detail Appendix B
Realized Loss Detail Appendix C
Upper Tier REMIC
Original Opening
Class Face Value (1) Balance
CUSIP Per $1,000 Per $1,000
A1-A 127,000,000.00 127,000,000.00
045424 DP0 1000.000000000 1000.000000000
A1-B 91,010,000.00 91,010,000.00
045424 DQ8 1000.000000000 1000.000000000
A1-C 65,000,000.00 65,000,000.00
045424 DR6 1000.000000000 1000.000000000
A1-D 671,228,903.00 671,228,903.00
045424 DS4 1000.000000000 1000.000000000
A1-E 84,197,550.00 84,197,550.00
045424 ER5 1000.000000000 1000.000000000
A-CS1 127,000,000.00 N 127,000,000.00
045424 DT2 1000.000000000 1000.000000000
PS-1 1,403,292,505.3N 1,403,292,505.35
045424 DU9 1000.000000000 1000.000000000
A-2 28,065,850.00 28,065,850.00
045424 DV7 1000.000000000 1000.000000000
A-3 49,115,237.00 49,115,237.00
045424 DW5 1000.000000000 1000.000000000
A-4 21,049,387.00 21,049,387.00
045424 DX3 1000.000000000 1000.000000000
A-5 42,098,775.00 42,098,775.00
045424 DY1 1000.000000000 1000.000000000
A-6 28,065,850.00 28,065,850.00
045424 DZ8 1000.000000000 1000.000000000
A-7 21,049,387.00 21,049,387.00
045424 ES3 1000.000000000 1000.000000000
A-8 21,049,387.00 21,049,387.00
045424 ET1 1000.000000000 1000.000000000
B-1 35,082,312.00 35,082,312.00
045424 EU8 1000.000000000 1000.000000000
B-2 35,082,312.00 35,082,312.00
045424 EV6 1000.000000000 1000.000000000
B-3 14,032,925.00 14,032,925.00
045424 EW4 1000.000000000 1000.000000000
B-4 21,049,387.00 21,049,387.00
045424 EX2 1000.000000000 1000.000000000
B-5 14,032,925.00 14,032,925.00
045424 EY0 1000.000000000 1000.000000000
B-6 14,032,925.00 14,032,925.00
045424 EZ7 1000.000000000 1000.000000000
B-7 21,048,393.00 21,048,393.00
045424EA2 1000.000000000 1000.000000000
B-7H 1,000.35 1,000.35
045424EB0 1000.000000000 1000.000000000
R 0.00 0.00
045424EE4 1000.000000000 1000.000000000
1,403,292,505.35 1,403,292,505.35
Total P&I Payment 5,613,939.46
Notes: (1) N denotes notional balance not included in total
(2) Interest Paid minus Interest Adjustment minus Deferred
Interest equals Accrual (3) Estimated
Principal Principal Negative
Class Payment Adj. or Loss Amortization
CUSIP Per $1,000 Per $1,000 Per $1,000
A1-A 911,477.25 0.00 0.00
045424 DP0 7.176986220 0.000000000 0.000000000
A1-B 0.00 0.00 0.00
045424 DQ8 0.000000000 0.000000000 0.000000000
A1-C 0.00 0.00 0.00
045424 DR6 0.000000000 0.000000000 0.000000000
A1-D 0.00 0.00 0.00
045424 DS4 0.000000000 0.000000000 0.000000000
A1-E 0.00 0.00 0.00
045424 ER5 0.000000000 0.000000000 0.000000000
A-CS1 0.00 0.00 0.00
045424 DT2 0.000000000 0.000000000 0.000000000
PS-1 0.00 0.00 0.00
045424 DU9 0.000000000 0.000000000 0.000000000
A-2 0.00 0.00 0.00
045424 DV7 0.000000000 0.000000000 0.000000000
A-3 0.00 0.00 0.00
045424 DW5 0.000000000 0.000000000 0.000000000
A-4 0.00 0.00 0.00
045424 DX3 0.000000000 0.000000000 0.000000000
A-5 0.00 0.00 0.00
045424 DY1 0.000000000 0.000000000 0.000000000
A-6 0.00 0.00 0.00
045424 DZ8 0.000000000 0.000000000 0.000000000
A-7 0.00 0.00 0.00
045424 ES3 0.000000000 0.000000000 0.000000000
A-8 0.00 0.00 0.00
045424 ET1 0.000000000 0.000000000 0.000000000
B-1 0.00 0.00 0.00
045424 EU8 0.000000000 0.000000000 0.000000000
B-2 0.00 0.00 0.00
045424 EV6 0.000000000 0.000000000 0.000000000
B-3 0.00 0.00 0.00
045424 EW4 0.000000000 0.000000000 0.000000000
B-4 0.00 0.00 0.00
045424 EX2 0.000000000 0.000000000 0.000000000
B-5 0.00 0.00 0.00
045424 EY0 0.000000000 0.000000000 0.000000000
B-6 0.00 0.00 0.00
045424 EZ7 0.000000000 0.000000000 0.000000000
B-7 0.00 0.00 0.00
045424EA2 0.000000000 0.000000000 0.000000000
B-7H 0.00 0.00 0.00
045424EB0 0.000000000 0.000000000 0.000000000
R 0.00 0.00 0.00
045424EE4 0.000000000 0.000000000 0.000000000
911,477.25 0.00 0.00
Closing Interest Interest Pass-Through
Class Balance Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Per $1,000 Next Rate (3)
A1-A 126,088,522.75 363,008.33 0.00 7.35000000%
045424 DP0 992.823013780 2.858333307 0.000000000Fixed
A1-B 91,010,000.00 261,906.56 0.00 7.40000000%
045424 DQ8 1000.000000000 2.877777827 0.000000000Fixed
A1-C 65,000,000.00 187,561.11 0.00 7.42000000%
045424 DR6 1000.000000000 2.885555538 0.000000000Fixed
A1-D 671,228,903.00 1,955,140.63 0.00 7.49000000%
045424 DS4 1000.000000000 2.912777774 0.000000000Fixed
A1-E 84,197,550.00 246,394.77 0.00 7.52500000%
045424 ER5 1000.000000000 2.926388832 0.000000000Fixed
A-CS1 126,088,522.75 62,571.27 0.00 1.26691037%
045424 DT2 992.823013780 0.492687165 0.000000000 0.012659119
PS-1 1,402,381,028.1 545,472.42 0.00 0.99953742%
045424 DU9 999.350472374 0.388708995 0.000000000 0.009994433
A-2 28,065,850.00 80,842.70 0.00 7.40691037%
045424 DV7 1000.000000000 2.880465049 0.000000000 0.074059119
A-3 49,115,237.00 142,429.75 0.00 7.45691037%
045424 DW5 1000.000000000 2.899909655 0.000000000 0.074559119
A-4 21,049,387.00 61,286.90 0.00 7.48691037%
045424 DX3 1000.000000000 2.911576475 0.000000000 0.074859119
A-5 42,098,775.00 123,392.38 0.00 7.53691037%
045424 DY1 1000.000000000 2.931020677 0.000000000 0.075359119
A-6 28,065,850.00 83,243.89 0.00 7.62691037%
045424 DZ8 1000.000000000 2.966020626 0.000000000 0.076259119
A-7 21,049,387.00 62,842.21 0.00 7.67691037%
045424 ES3 1000.000000000 2.985465087 0.000000000 0.076759119
A-8 21,049,387.00 65,707.27 0.00 8.02691037%
045424 ET1 1000.000000000 3.121576415 0.000000000 0.080259119
B-1 35,082,312.00 102,664.49 0.00 7.52500000%
045424 EU8 1000.000000000 2.926388945 0.000000000Fixed
B-2 35,082,312.00 102,664.49 0.00 7.52500000%
045424 EV6 1000.000000000 2.926388945 0.000000000Fixed
B-3 14,032,925.00 41,065.80 0.00 7.52500000%
045424 EW4 1000.000000000 2.926389188 0.000000000Fixed
B-4 21,049,387.00 61,598.69 0.00 7.52500000%
045424 EX2 1000.000000000 2.926388783 0.000000000Fixed
B-5 14,032,925.00 41,065.80 0.00 7.52500000%
045424 EY0 1000.000000000 2.926389188 0.000000000Fixed
B-6 14,032,925.00 41,065.80 0.00 7.52500000%
045424 EZ7 1000.000000000 2.926389188 0.000000000Fixed
B-7 21,048,393.00 70,533.60 0.00 8.61691037%
045424EA2 1000.000000000 3.351020669 0.000000000 0.086159119
B-7H 1,000.35 3.35 0.00 8.61691037%
045424EB0 1000.000000000 3.348827910 0.000000000 0.086159119
R 0.00 0.00 0.00
045424EE4 0.000000000 0.000000000 0.000000000
1,402,381,028.14,702,462.21 0.00
Lower - Tier REMIC
Original Opening
Class Face Value (1) Balance
CUSIP Per $1,000 Per $1,000
A-1A-L 127,000,000.00 127,000,000.00
None 1000.000000000 1000.000000000
A-1B-L 91,010,000.00 91,010,000.00
None 1000.000000000 1000.000000000
A-1C-L 65,000,000.00 65,000,000.00
None 1000.000000000 1000.000000000
A-1D-L 671,228,903.00 671,228,903.00
None 1000.000000000 1000.000000000
A-1E-L 84,197,550.00 84,197,550.00
None 1000.000000000 1000.000000000
A-2-L 28,065,850.00 28,065,850.00
None 1000.000000000 1000.000000000
A-3-L 49,115,237.00 49,115,237.00
None 1000.000000000 1000.000000000
A-4-L 21,049,387.00 21,049,387.00
None 1000.000000000 1000.000000000
A-5-L 42,098,775.00 42,098,775.00
None 1000.000000000 1000.000000000
A-6-L 28,065,850.00 28,065,850.00
None 1000.000000000 1000.000000000
A-7-L 21,049,387.00 21,049,387.00
None 1000.000000000 1000.000000000
A-8-L 21,049,387.00 21,049,387.00
None 1000.000000000 1000.000000000
B-1-L 35,082,312.00 35,082,312.00
None 1000.000000000 1000.000000000
B-2-L 35,082,312.00 35,082,312.00
None 1000.000000000 1000.000000000
B-3-L 14,032,925.00 14,032,925.00
None 1000.000000000 1000.000000000
B-4-L 21,049,387.00 21,049,387.00
None 1000.000000000 1000.000000000
B-5-L 14,032,925.00 14,032,925.00
None 1000.000000000 1000.000000000
B-6-L 14,032,925.00 14,032,925.00
None 1000.000000000 1000.000000000
B-7-L 21,048,393.00 21,048,393.00
None 1000.000000000 1000.000000000
B-7H-L 1,000.35 1,000.35
None 1000.000000000 1000.000000000
LR 0.00 0.00
045424EF1 1000.000000000 1000.000000000
1,403,292,505.35 1,403,292,505.35
Total P&I Payment 5,613,939.46
Notes: (1) N denotes notional balance not included in total
(2) Interest Paid minus Interest Adjustment minus Deferred
Interest equals Accrual (3) Estimated
Grantor Trust
Principal Principal Negative
Class Payment Adj. or Loss Amortization
CUSIP Per $1,000 Per $1,000 Per $1,000
A-1A-L 911,477.25 0.00 0.00
None 7.176986220 0.000000000 0.000000000
A-1B-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
A-1C-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
A-1D-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
A-1E-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
A-2-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
A-3-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
A-4-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
A-5-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
A-6-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
A-7-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
A-8-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
B-1-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
B-2-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
B-3-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
B-4-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
B-5-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
B-6-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
B-7-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
B-7H-L 0.00 0.00 0.00
None 0.000000000 0.000000000 0.000000000
LR 0.00 0.00 0.00
045424EF1 0.000000000 0.000000000 0.000000000
911,477.25 0.00 0.00
Closing Interest Interest Pass-Through
Class Balance Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Per $1,000 Next Rate (3)
A-1A-L 126,088,522.75 425,579.63 0.00 8.61691037%
None 992.823013780 3.351020709 0.000000000 0.086159119
A-1B-L 91,010,000.00 304,976.39 0.00 8.61691037%
None 1000.000000000 3.351020657 0.000000000 0.086159119
A-1C-L 65,000,000.00 217,816.35 0.00 8.61691037%
None 1000.000000000 3.351020769 0.000000000 0.086159119
A-1D-L 671,228,903.00 2,249,301.95 0.00 8.61691037%
None 1000.000000000 3.351020702 0.000000000 0.086159119
A-1E-L 84,197,550.00 282,147.73 0.00 8.61691037%
None 1000.000000000 3.351020665 0.000000000 0.086159119
A-2-L 28,065,850.00 94,049.24 0.00 8.61691037%
None 1000.000000000 3.351020546 0.000000000 0.086159119
A-3-L 49,115,237.00 164,586.18 0.00 8.61691037%
None 1000.000000000 3.351020784 0.000000000 0.086159119
A-4-L 21,049,387.00 70,536.93 0.00 8.61691037%
None 1000.000000000 3.351020626 0.000000000 0.086159119
A-5-L 42,098,775.00 141,073.87 0.00 8.61691037%
None 1000.000000000 3.351020784 0.000000000 0.086159119
A-6-L 28,065,850.00 94,049.24 0.00 8.61691037%
None 1000.000000000 3.351020546 0.000000000 0.086159119
A-7-L 21,049,387.00 70,536.93 0.00 8.61691037%
None 1000.000000000 3.351020626 0.000000000 0.086159119
A-8-L 21,049,387.00 70,536.93 0.00 8.61691037%
None 1000.000000000 3.351020626 0.000000000 0.086159119
B-1-L 35,082,312.00 117,561.55 0.00 8.61691037%
None 1000.000000000 3.351020594 0.000000000 0.086159119
B-2-L 35,082,312.00 117,561.55 0.00 8.61691037%
None 1000.000000000 3.351020594 0.000000000 0.086159119
B-3-L 14,032,925.00 47,024.62 0.00 8.61691037%
None 1000.000000000 3.351020546 0.000000000 0.086159119
B-4-L 21,049,387.00 70,536.93 0.00 8.61691037%
None 1000.000000000 3.351020626 0.000000000 0.086159119
B-5-L 14,032,925.00 47,024.62 0.00 8.61691037%
None 1000.000000000 3.351020546 0.000000000 0.086159119
B-6-L 14,032,925.00 47,024.62 0.00 8.61691037%
None 1000.000000000 3.351020546 0.000000000 0.086159119
B-7-L 21,048,393.00 70,533.60 0.00 8.61691037%
None 1000.000000000 3.351020669 0.000000000 0.086159119
B-7H-L 1,000.35 3.35 0.00 8.61691037%
None 1000.000000000 3.348827910 0.000000000 0.086159119
LR 0.00 0.00 0.00
045424EF1 0.000000000 0.000000000 0.000000000
1,402,381,028.10 4,702,462.21 0.00
Original Opening
Class Face Value (1) Balance
CUSIP Per $1,000 Per $1,000
V-1 0.00 0.00
045424EC8 1000.000000000 1000.000000000
V-2 0.00 0.00
045424ED6 1000.000000000 1000.000000000
Notes: (1) N denotes notional balance not included in total
(2) Interest Paid minus Interest Adjustment minus Deferred
Interest equals Accrual (3) Estimated
Principal Principal Negative
Class Payment Adj. or Loss Amortization
CUSIP Per $1,000 Per $1,000 Per $1,000
V-1 0.00 0.00 0.00
045424EC8 0.000000000 0.000000000 0.000000000
V-2 0.00 0.00 0.00
045424ED6 0.000000000 0.000000000 0.000000000
Closing Interest Interest Pass-Through
Class Balance Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Per $1,000 Next Rate (3)
V-1 0.00 0.00 0.00
045424EC8 0.000000000 0.000000000 0.000000000
V-2 0.00 0.00 0.00
045424ED6 0.000000000 0.000000000 0.000000000
Amount of Available Funds allocable to principal:
Principal Distribution Amount 911,477.25
P&I Advances made by: Beginning Current Ending
Unreimbursed Period Reimbursed Unreimbursed
Servicer 0.00 0.00 0.00 0.00
Trustee 0.00 0.00 0.00 0.00
Fiscal Agent 0.00 0.00 0.00 0.00
Total P&I Advances 0.00 0.00 0.00 0.00
Specially Serviced Mortgage Loans:
Amount of Property Advances made during Collection Period
0.00
Amount of P&I Advances made during Collection Period
0.00
Aggregate Amount of Property Advances remaining Unreimbursed
0.00
Aggregate Amount of P&I Advances remaining Unreimbursed
0.00
Number of Outstanding Loans 122
Outstanding Principal Balance 1,402,381,028.04
Current Amount of Prepayment Interest Shortfalls
in excess of Servicer Prepayment Interest Shortfalls 0.00
Summary of Mortgage Loans Repurchase by Seller or Liquidated or Disposed
of :
Amounts
Included in
Loan Repurchase Liquidation Other Available
Number Proceeds Proceeds Proceeds Funds
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
Summary of Expenses:
Current Period Servicing Fees 25,239.77
Current Period Trustee Fees 2,046.47
Current Period Special Servicing Fees 0.00
Principal Recovery Fees 0.00
Other Servicing Compensation 0.00
0.00
Total 27,286.24
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 Perio 0.00
Excess Interest received during the Collection Period 0.00
Trust Fund Expenses 0.00
Current Realized Losses on Mortgage Loans 0.00
Cumulative Realized Losses on Mortgage Loans 0.00
Distribution of Principal Balances
Current Scheduled Number Scheduled Based on
Balances of Loans Balance Balance
$0to $1,000,000 1 995,714 0.07%
$1,000,000to $2,500,000 30 53,121,754 3.79%
$2,500,000to $5,000,000 33 121,062,643 8.63%
$5,000,000to $7,500,000 14 80,896,552 5.77%
$7,500,000to $10,000,000 6 52,691,208 3.76%
$10,000,000to $12,500,000 6 71,217,417 5.08%
$12,500,000to $15,000,000 6 85,185,122 6.07%
$15,000,000to $17,500,000 2 32,683,234 2.33%
$17,500,000to $20,000,000 2 39,121,545 2.79%
$20,000,000to $25,000,000 7 156,786,661 11.18%
$25,000,000to $30,000,000 3 83,654,606 5.97%
$30,000,000to $35,000,000 3 100,848,684 7.19%
$35,000,000to $40,000,000 0 0 0.00%
$40,000,000to $45,000,000 1 41,674,783 2.97%
$45,000,000to $50,000,000 0 0 0.00%
$50,000,000to $55,000,000 2 100,984,340 7.20%
$55,000,000to $60,000,000 2 114,270,085 8.15%
$60,000,000to $62,500,000 0 0 0.00%
$62,500,000to $65,000,000 1 63,000,000 4.49%
$65,000,000& Above 3 204,186,679 14.56%
Total 122 1,402,381,028 100.00%
Average Scheduled Balance is 11,494,926
Maximum Scheduled Balance is 69,572,024
Minimum Scheduled Balance is 995,714
Distribution of Property Types
Number Scheduled Based on
Property Types of Loans Balance Balance
Retail-Anchored 27 332,190,270 23.69%
Office 17 318,477,062 22.71%
Hospitality 23 211,328,501 15.07%
MF- Housing 20 176,995,893 12.62%
Retail Facility 14 159,659,831 11.38%
Industrial/Warehouse 1 63,000,000 4.49%
Mobile Home Park 9 49,608,165 3.54%
Nursing Home 9 49,532,482 3.53%
R&D 1 32,952,616 2.35%
Industrial 1 8,636,208 0.62%
Total 122 1,402,381,028 1
Geographic Distribution
Number Scheduled Based on
Geographic Location of Loans Balance Balance
California 27 298,199,693 21.26%
Various 8 271,688,068 19.37%
Massachusetts 4 166,719,585 11.89%
New York 5 94,338,754 6.73%
New Jersey 6 88,960,130 6.34%
Florida 7 52,228,340 3.72%
Indiana 3 46,407,574 3.31%
Virginia 4 34,218,588 2.44%
Michigan 5 34,057,073 2.43%
Colorado 4 32,125,403 2.29%
Connecticut 5 31,470,492 2.24%
Georgia 3 28,226,498 2.01%
Maryland 4 25,244,941 1.80%
Ohio 4 22,178,420 1.58%
Pennsylvania 2 21,995,714 1.57%
Nebraska 2 21,337,280 1.52%
Arizona 3 19,898,531 1.42%
Washington 4 16,520,278 1.18%
Louisiana 2 15,680,487 1.12%
North Carolina 2 15,292,129 1.09%
Rhode Island 4 14,627,385 1.04%
Illinois 1 14,000,882 1.00%
New Hampshire 1 9,025,000 0.64%
Texas 4 6,504,023 0.46%
Iowa 1 5,155,721 0.37%
Utah 2 4,286,672 0.31%
Tennessee 2 4,230,702 0.30%
Wisconsin 1 4,142,588 0.30%
Nevada 1 2,191,701 0.16%
South Carolina 1 1,428,378 0.10%
Total 122 1,402,381,028 100.00%
Loan Seasoning
Number Scheduled Based on
Number of Years of Loans Balance Balance
1 year or less 112 1,378,700,854 98.31%
1+ to 2 years 0 0 0.00%
2+ to 3 years 0 0 0.00%
3+ to 4 years 0 0 0.00%
4+ to 5 years 0 0 0.00%
5+ to 6 years 1 6,296,018 0.45%
6+ to 7 years 0 0 0.00%
7+ to 8 years 0 0 0.00%
8+ to 9 years 0 0 0.00%
9+ to 10 years 0 0 0.00%
10 years or more 9 17,384,156 1.24%
Total 122 1,402,381,028 100.00%
Weighted Average Seasoning is 0.4
Distribution of Remaining Term
Fully Amortizing
Fully Amortizing Number Scheduled Based on
Mortgage Loans of Loans Balance Balance
60 months or less 0 0 0.00%
61 to 120 months 9 17,384,156 1.24%
121 to 180 months 7 40,388,391 2.88%
181 to 240 months 24 166,005,621 11.84%
241 to 360 months 82 1,178,602,861 84.04%
Total 122 1,402,381,028 100.00%
Weighted Average Months to Maturity is 311
Distribution of Amortization Type
Number Scheduled Based on
Amortization Type of Loans Balance Balance
Fully Amortizing 122 1,402,381,028 100.00%
Total 122 1,402,381,028 100.00%
NOI Aging
Number Scheduled Based on
NOI Date of Loans Balance Balance
1 year or less 121 1,339,381,028 95.51%
1 to 2 years 0 0 0.00%
2 Years or More 0 0 0.00%
Unknown 1 63,000,000 4.49%
Total 122 1,402,381,028 100.00%
Remaining
Remaining Current Unreimbursed
Current Unreimbursed Reduction Reduction Reduction
Interest Interest Interest Interest Interest
Class Shortfall Shortfall Shortfall Shortfall Pass-Thru Rate
A-1A 0.00 0.00 0.00 0.00 0.00
A-1B 0.00 0.00 0.00 0.00 0.00
A-1C 0.00 0.00 0.00 0.00 0.00
A-1D 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00
A-5 0.00 0.00 0.00 0.00 0.00
A-CS1 0.00 0.00 0.00 0.00 0.00
A-CS2 0.00 0.00 0.00 0.00 0.00
B-1 0.00 0.00 0.00 0.00 0.00
B-2 0.00 0.00 0.00 0.00 0.00
B-3 0.00 0.00 0.00 0.00 0.00
B-4 0.00 0.00 0.00 0.00 0.00
B-4H 0.00 0.00 0.00 0.00 0.00
Appraisal Reduction Amounts
Loan Current Total
Number Period Reduction
1 0.00 0.00
2 0.00 0.00
3 0.00 0.00
Totals 0.00 0.00
REO Property sold of disposed of during the related Collection Period
Portion Final
Realized Included in Recovery
Loan Loss Sale Other Available Determination
Number Attributable Proceeds Proceeds Funds Date
0 0.00 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00 0.00
Totals 0.00 0.00 0.00 0.00 0.00
REO Property included in the Trust
Most Aggregate Aggregate Portion
Recent Amount Amount Included in
Loan Appraisal of Net of Other Available
Number Valuation Income Revenues Funds
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
0 0.00 0.00 0.00 0.00
Totals 0.00 0.00 0.00 0.00
Unpaid
Debt Principal
Service Stated Balance
Loan Property Coverage Principal as of REO
Number City State Type Ratio Balance Date
0 0 0 0 0.000 0.00 0.00
0 0 0 0 0.000 0.00 0.00
0 0 0 0 0.000 0.00 0.00
Totals 0.000 0.00 0.00
DistributiDelinq 1 Month Delinq 2 Months Delinq 3+ Month
Date # Balance # Balance # Balance
04/16/97 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
DistributiForeclosure/BankruptcREO Modifications
Date # Balance # Balance # Balance
04/16/97 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
01/00/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
Note: Foreclosure and REO Totals are Included in the Appropriate Delinq
DistributiPrepayments Curr Weighted Avg.
Date # Balance Coupon Remit
04/16/97 0 0 8.6659% 8.6159%
0.00% 0.000%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.000%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.000%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.000%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.000%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.000%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.000%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.000%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.000%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.000%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.000%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.000%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.000%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.000%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.000%
01/00/00 0 0 0.0000% 0.0000%
0.00% 0.000%
Delinquent Loan Detail
Disclosure Paid Outstanding Out. Property
Doc Thru Current P&I P&I Protection
Control # Date Advance Advances** Advances
0 01/00/00 0.00 0.00 0.00
Special
Servicer
Advance Trasfer Foreclosure Bankruptcy REO
Description Date Date Date Date
0 01/00/00 01/00/00 01/00/00 01/00/00
A. P&I Advance - Loan in Grace Period
B. P&I Advance - Late Payment but less than one month delinq
1. P&I Advance - Loan delinquent 1 month
2. P&I Advance - Loan delinquent 2 months
3. P&I Advance - Loan delinquent 3 months or More
4. Matured Balloon/Assumed Scheduled Payment
** Outstanding P&I Advances include the current period P&I Advance
Pool Total
Distribution of Mortgage Interest Rates
Current Mortgage Number Scheduled Based on
Interest Rate of Loans Balance Balance
7.500%or less 0 0 0.00%
7.500%to 7.625% 1 28,686,543 2.05%
7.625%to 7.750% 0 0 0.00%
7.750%to 7.875% 0 0 0.00%
7.875%to 8.000% 2 83,411,570 5.95%
8.000%to 8.125% 2 90,382,761 6.44%
8.125%to 8.250% 7115,792,637 8.26%
8.250%to 8.375% 9129,051,002 9.20%
8.375%to 8.500% 8112,711,248 8.04%
8.500%to 8.625% 10108,155,896 7.71%
8.625%to 8.750% 17215,023,519 15.33%
8.750%to 9.000% 26158,135,231 11.28%
9.000%to 9.125% 7 58,425,866 4.17%
9.125%to 9.500% 16226,124,448 16.12%
9.500%& Above 17 76,480,307 5.45%
Total 1221,402,381,02 100.00%
W/Avg Mortgage Interest Rate is 8.6659%
Minimum Mortgage Interest Rate 7.5750%
Maximum Mortgage Interest Rate 10.1000%
Distribution of DSCR
Debt Service Number Scheduled Based on
Coverage Ratio (1) of Loans Balance Balance
1.000or less 0 0 0.00%
1.001to 1.125 0 0 0.00%
1.126to 1.250 7177,570,826 12.66%
1.251to 1.375 45447,736,733 31.93%
1.376to 1.500 32488,805,627 34.86%
1.501to 1.625 12 83,327,552 5.94%
1.626to 1.750 14130,656,089 9.32%
1.751to 1.875 4 24,015,934 1.71%
1.876to 2.000 2 33,638,320 2.40%
2.001to 2.125 3 10,003,596 0.71%
2.126to 2.250 1 1,198,581 0.09%
2.251to 2.375 0 0 0.00%
2.376to 2.500 0 0 0.00%
2.501to 2.625 0 0 0.00%
2.626& above 0 0 0.00%
Unknown 2 5,427,770 0.39%
Total 1221,402,381,02 100.00%
Weighted Average Debt Service C 1.423
(1) Debt Service Coverage Ratios are calculated as described in the
prospectus, values are updated periodically as new NOI figures became
available from borrowers on an asset level.
Neither the Trustee, Servicer, Special Servicer or Underwriter mak
any representation as to the accuracy of the data provided by the
borrower for this calculation.
Distribution of Remaining Term
Balloon Loans
Balloon Number Scheduled Based on
Mortgage Loans of Loans Balance Balance
12 months or less 0 0 0.00%
13 to 24 months 0 0 0.00%
25 to 36 months 0 0 0.00%
37 to 48 months 0 0 0.00%
49 to 60 months 0 0 0.00%
61 to 120 months 0 0 0.00%
121 to 180 months 0 0 0.00%
181 to 240 months 0 0 0.00%
Total 0 0 0.00%
Weighted Average Months to Matu 0
Loan Level Detail
Property
Disclosure Type Maturity
Control # Group Code Date DSCR
1 NOM970D4 Office 01/11/27 1.400
2 NOM970D4 Office 02/11/27 1.420
3 NOM970D4 Office 03/11/27 1.315
4 NOM970D4 Industrial/Warehouse 03/11/22 1.230
5 NOM970D4 Retail-Anchored 03/11/22 1.690
6 NOM970D4 Hospitality 12/11/21 1.500
7 NOM970D4 MF- Housing 10/11/16 1.340
8 NOM970D4 Retail Facility 03/11/27 1.240
9 NOM970D4 Hospitality 03/11/22 1.420
10 NOM970D4 Office 01/11/22 1.734
11 NOM970D4 Mobile Home Park 04/11/27 1.460
12 NOM970D4 R&D 02/11/27 1.269
13 NOM970D4 Retail-Anchored 03/11/27 1.320
13 NOM970D4 Retail-Anchored 03/11/27 1.320
14 NOM970D4 Retail-Anchored 01/11/27 1.910
15 NOM970D4 Retail-Anchored 03/11/27 1.230
16 NOM970D4 Retail Facility 03/11/22 1.510
17 NOM970D4 MF- Housing 02/11/27 1.391
18 NOM970D4 Retail Facility 04/11/22 1.314
19 NOM970D4 Retail-Anchored 03/11/22 1.352
20 NOM970D4 Retail Facility 01/11/22 1.410
21 NOM970D4 MF- Housing 03/11/27 1.430
22 NOM970D4 Retail-Anchored 04/11/27 1.220
23 NOM970D4 Office 03/11/22 1.310
24 NOM970D4 MF- Housing 10/11/26 1.393
25 NOM970D4 Retail-Anchored 03/11/27 1.260
26 NOM970D4 MF- Housing 02/11/27 1.330
27 NOM970D4 Hospitality 12/11/11 1.797
28 NOM970D4 Nursing Home 12/11/16 1.504
29 NOM970D4 Retail-Anchored 01/11/27 1.320
30 NOM970D4 Office 01/11/17 1.345
31 NOM970D4 Retail-Anchored 11/11/23 1.401
32 NOM970D4 Hospitality 02/11/22 1.459
33 NOM970D4 Retail-Anchored 01/11/27 1.294
34 NOM970D4 Retail-Anchored 01/11/22 1.318
35 NOM970D4 Hospitality 10/11/16 1.451
36 NOM970D4 Hospitality 12/11/16 1.480
37 NOM970D4 MF- Housing 03/11/22 1.280
38 NOM970D4 Hospitality 04/11/19 1.562
39 NOM970D4 Retail-Anchored 04/11/27 1.347
40 NOM970D4 Office 04/11/22 1.574
41 NOM970D4 Industrial 02/11/22 1.490
42 NOM970D4 Retail-Anchored 04/11/27 1.233
43 NOM970D4 Retail-Anchored 04/11/17 1.270
44 NOM970D4 Nursing Home 10/11/21 1.633
45 NOM970D4 MF- Housing 03/11/22 1.488
46 NOM970D4 Hospitality 03/11/22 1.410
47 NOM970D4 Hospitality 04/11/22 1.446
48 NOM970D4 Office 02/11/22 1.367
49 NOM970D4 MF- Housing 03/11/22 1.382
50 NOM970D4 Retail-Anchored 01/11/27 1.302
51 NOM970D4 Nursing Home 02/11/12 1.820
52 NOM970D4 Nursing Home 02/11/17 1.660
53 NOM970D4 Retail-Anchored 01/11/22 1.392
54 NOM970D4 Retail Facility 03/11/22 1.361
55 NOM970D4 Office 01/11/12 1.488
56 NOM970D4 Hospitality 02/11/17 1.468
57 NOM970D4 Retail-Anchored 10/11/16 1.969
58 NOM970D4 Retail-Anchored 04/11/22 1.267
59 NOM970D4 Nursing Home 02/11/12 2.047
60 NOM970D4 Office 01/11/22 1.426
61 NOM970D4 Hospitality 11/11/16 1.503
62 NOM970D4 Nursing Home 02/11/12 1.709
63 NOM970D4 Office 11/11/21 1.350
64 NOM970D4 Retail Facility 01/11/17 1.599
65 NOM970D4 Mobile Home Park 01/11/27 1.293
66 NOM970D4 Office 01/11/27 1.266
67 NOM970D4 Hospitality 02/11/17 1.405
68 NOM970D4 Retail Facility 11/11/21 1.366
69 NOM970D4 Retail-Anchored 04/11/17 1.681
70 NOM970D4 Hospitality 03/11/17 1.546
71 NOM970D4 Retail-Anchored 01/11/22 1.372
72 NOM970D4 Hospitality 03/11/22 1.465
73 NOM970D4 Hospitality 01/11/17 2.045
74 NOM970D4 Retail-Anchored 03/11/22 1.290
75 NOM970D4 Retail Facility 01/11/07 1.275
76 NOM970D4 Office 01/11/22 1.251
77 NOM970D4 Retail-Anchored 11/11/21 1.232
78 NOM970D4 Retail Facility 02/11/22 1.273
79 NOM970D4 Retail Facility 03/11/22 1.250
80 NOM970D4 Hospitality 01/11/22 1.448
81 NOM970D4 Retail Facility 01/11/22 1.316
82 NOM970D4 Retail Facility 11/11/21 1.338
83 NOM970D4 Office 02/11/22 1.343
84 NOM970D4 Retail Facility 02/11/22 1.379
85 NOM970D4 Retail Facility 03/11/22 1.654
86 NOM970D4 MF- Housing 11/11/21 1.459
87 NOM970D4 Retail-Anchored 04/11/22 1.286
88 NOM970D4 Mobile Home Park 02/11/27 1.493
89 NOM970D4 Nursing Home 02/11/12 1.685
90 NOM970D4 Nursing Home 02/11/12 1.709
91 NOM970D4 Mobile Home Park 01/11/22 1.675
92 NOM970D4 Hospitality 02/11/17 1.538
93 NOM970D4 Retail-Anchored 12/11/21 1.522
94 NOM970D4 Nursing Home 02/11/17 1.731
95 NOM970D4 MF- Housing 12/11/21 1.445
96 NOM970D4 Office 02/11/27 1.452
97 NOM970D4 Retail-Anchored 01/11/07 1.267
98 NOM970D4 Hospitality 02/11/17 1.620
99 NOM970D4 Retail-Anchored 01/11/22 1.258
100 NOM970D4 MF- Housing 02/11/07 1.274
101 NOM970D4 MF- Housing 03/11/07 1.250
102 NOM970D4 Hospitality 02/11/17 1.822
103 NOM970D4 MF- Housing 02/11/27 1.278
104 NOM970D4 Office 03/11/22 1.343
105 NOM970D4 Mobile Home Park 10/11/06 1.287
106 NOM970D4 MF- Housing 11/11/26 1.346
107 NOM970D4 MF- Housing 12/11/26 1.601
108 NOM970D4 MF- Housing 11/11/21 1.286
109 NOM970D4 Office 01/11/22 1.592
110 NOM970D4 MF- Housing 03/11/22 1.305
111 NOM970D4 Mobile Home Park 03/11/07 2.052
112 NOM970D4 MF- Housing 10/11/06 1.492
113 NOM970D4 MF- Housing 11/11/06 1.817
114 NOM970D4 Hospitality 03/11/17 1.647
115 NOM970D4 Hospitality 03/11/17 1.387
116 NOM970D4 Mobile Home Park 01/11/22 1.291
117 NOM970D4 MF- Housing 11/11/06 1.712
118 NOM970D4 Hospitality 03/11/17 1.661
119 NOM970D4 Hospitality 03/11/17 2.199
120 NOM970D4 Mobile Home Park 02/11/22 1.320
121 NOM970D4 Mobile Home Park 01/11/17 1.338
* NOI and DSCR, if available and reportable under the terms of the
are based on information obtained from the related borrower, and no othe
agreement shall be held liable for the accuracy or methodology used to d
(1) Legend:
A. P&I Adv - in Grace Period
B. P&I Adv - less than one month delinq
1. P&I Adv - delinquent 1 month
2. P&I Adv - delinquent 2 months
3. P&I Adv - delinquent 3+ months
4. Mat. Balloon/Assumed P&I
5. Prepaid in Full
6. Specially Serviced
7. Foreclosure
8. Bankruptcy
9. REO
10. DPO
11. Modification
Operating Ending
Disclosure Statement Principal Note
Control # NOI Date Balance Rate
1 10,042,211 11/30/96 69,572,024 8.485%
2 10,108,219 11/30/96 68,892,129 8.035%
3 12,093,512 10/31/96 65,722,526 8.700%
4 7,976,925 63,000,000 9.298%
5 10,138,138 12/31/96 58,451,266 7.981%
6 10,677,870 09/30/96 55,818,819 9.190%
7 7,366,892 10/31/96 50,511,675 8.250%
8 6,973,356 02/01/97 50,472,665 8.660%
9 7,897,762 12/31/96 41,674,783 9.214%
10 6,149,264 10/31/96 34,396,069 8.325%
11 4,368,454 09/30/96 33,500,000 8.240%
12 4,160,168 12/31/96 32,952,616 8.590%
13 2,384,915 12/31/96 19,193,164 8.590%
13 1,955,772 12/31/96 12,496,101 8.890%
14 3,879,952 12/31/96 28,686,543 7.575%
15 1,728,961 12/31/96 27,988,615 8.262%
16 5,066,190 12/31/96 26,979,449 8.350%
17 3,128,516 12/31/96 24,960,304 7.935%
18 3,278,009 12/31/96 24,311,135 9.050%
19 4,131,299 12/31/96 22,985,316 9.020%
20 3,534,086 12/31/96 21,782,901 8.650%
21 2,991,850 12/31/96 21,490,632 8.080%
22 2,601,411 12/31/96 21,000,000 8.970%
23 3,252,461 12/31/96 20,256,374 8.830%
24 2,857,373 08/31/96 19,928,381 8.660%
25 2,087,911 11/30/96 17,318,489 8.460%
26 2,145,672 12/31/96 15,364,745 8.280%
27 4,144,668 10/31/96 14,837,366 8.590%
28 2,471,363 09/30/96 14,618,157 9.300%
29 1,883,081 10/31/96 14,635,924 8.280%
30 2,668,504 11/30/96 14,000,882 8.820%
31 2,029,886 11/30/96 13,619,507 8.670%
32 2,559,600 11/30/96 13,473,286 9.250%
33 1,509,337 12/31/96 12,478,421 8.785%
34 1,560,044 11/30/96 12,269,387 8.570%
35 2,457,301 11/30/96 11,895,763 9.670%
36 2,518,442 10/31/96 11,585,939 9.390%
37 1,339,523 12/31/96 10,491,806 8.250%
38 2,128,136 12/31/96 9,665,000 9.580%
39 1,280,019 12/31/96 9,025,000 8.180%
40 1,236,884 12/31/96 9,000,000 8.850%
41 1,803,965 11/30/96 8,636,208 8.480%
42 1,029,562 12/31/96 8,300,000 8.450%
43 1,298,745 12/31/96 8,065,000 8.550%
44 1,369,023 09/30/96 6,722,480 9.960%
45 763,197 12/31/96 6,493,374 8.190%
46 1,349,759 10/30/96 6,296,018 9.660%
47 1,351,568 12/31/96 6,060,000 8.840%
48 1,249,680 12/31/96 5,987,651 8.950%
49 797,817 02/28/97 5,895,927 8.730%
50 954,597 10/31/96 5,890,713 9.230%
51 1,343,233 09/30/96 5,767,003 8.714%
52 1,237,770 09/30/96 5,603,721 10.100%
53 822,507 11/30/96 5,519,550 8.790%
54 876,507 12/31/96 5,419,897 8.680%
55 1,790,509 10/30/96 5,155,721 8.280%
56 1,019,991 11/30/96 5,084,498 9.650%
57 1,393,804 12/31/96 4,951,777 8.580%
58 678,697 12/31/96 5,000,000 8.610%
59 1,602,028 09/30/96 4,719,993 8.714%
60 870,615 11/30/96 4,704,547 8.890%
61 1,085,800 11/30/96 4,568,632 9.550%
62 995,214 09/30/96 4,551,955 8.714%
63 675,241 10/31/96 4,529,038 8.580%
64 850,921 09/30/96 4,478,234 8.470%
65 546,003 12/31/96 4,142,588 8.620%
66 646,671 11/30/96 4,118,089 8.930%
67 987,544 11/30/96 4,087,604 9.700%
68 654,020 09/30/96 4,057,177 8.870%
69 898,865 12/31/96 4,000,000 8.160%
70 815,477 01/31/97 3,950,570 9.600%
71 575,977 11/30/96 3,939,101 8.860%
72 705,148 11/30/96 3,922,678 9.290%
73 1,283,898 10/31/96 3,784,724 9.930%
74 649,523 12/31/96 3,797,554 8.990%
75 674,815 10/31/96 3,739,515 8.780%
76 532,208 11/30/96 3,490,084 8.700%
77 579,964 10/31/96 3,461,709 9.210%
78 511,099 12/31/96 3,368,304 9.230%
79 491,662 12/31/96 3,347,838 8.980%
80 555,934 11/30/96 2,992,912 9.790%
81 482,023 11/30/96 2,991,871 8.970%
82 517,345 11/30/96 2,967,522 9.110%
83 528,279 12/06/96 2,916,064 9.050%
84 539,061 10/31/96 2,895,255 9.540%
85 600,284 12/31/96 2,848,069 8.800%
86 428,779 11/30/96 2,786,857 8.780%
87 403,201 11/30/96 2,800,000 8.900%
88 385,594 12/31/96 2,796,028 8.670%
89 670,605 09/30/96 2,696,571 8.714%
90 576,827 09/30/96 2,659,781 8.714%
91 429,972 12/31/96 2,493,260 9.000%
92 575,525 11/30/96 2,293,016 9.660%
93 402,800 09/30/96 2,214,961 8.590%
94 538,052 12/31/96 2,192,820 8.990%
95 371,578 09/30/96 2,191,701 8.730%
96 391,713 12/31/96 2,172,084 9.050%
97 291,425 11/30/96 2,144,116 8.910%
98 522,865 12/31/96 2,093,852 10.000%
99 340,552 11/30/96 1,958,057 9.410%
100 275,550 11/30/96 1,945,933 8.850%
101 258,996 12/31/96 1,937,686 8.800%
102 500,649 11/30/96 1,919,155 9.660%
103 249,170 11/30/96 1,897,661 8.440%
104 349,484 12/31/96 1,868,881 9.250%
105 258,845 11/30/96 1,790,628 9.280%
106 272,586 05/31/96 1,771,684 8.630%
107 305,994 11/30/96 1,770,781 8.190%
108 314,200 09/30/96 1,692,430 9.100%
109 392,184 11/30/96 1,694,900 8.350%
110 187,139 02/28/97 1,536,916 8.650%
111 356,620 10/30/96 1,498,878 8.420%
112 278,255 11/30/96 1,491,820 9.000%
113 225,414 11/30/96 1,492,410 8.320%
114 425,985 11/30/96 1,498,200 9.220%
115 289,826 12/31/96 1,428,378 9.530%
116 181,587 11/30/96 1,381,315 9.080%
117 200,329 11/30/96 1,343,169 8.320%
118 519,694 12/30/96 1,198,727 9.890%
119 472,235 12/31/96 1,198,581 9.300%
120 183,435 11/30/96 1,009,754 8.380%
121 183,243 11/30/96 995,714 9.430%
1,402,381,028
Loan
DisclosureScheduled Prepayment Status
Control # P&I Prepayment Date Code (1)
1 518,788 0 `
2 492,599 0 `
3 504,162 0 `
4 488,119 0 `
5 437,807 0 `
6 462,999 0 `
7 422,961 0 `
8 391,777 0 `
9 345,403 0 `
10 265,786 0 `
11 230,033 0 `
12 247,984 0 `
13 144,276 0 `
13 96,503 0 `
14 196,463 0 `
15 204,165 0 `
16 208,426 0 `
17 176,805 0 `
18 198,840 0 `
19 187,567 0 `
20 172,880 0 `
21 154,135 0 `
22 156,975 0 `
23 162,780 0 `
24 156,056 0 `
25 128,652 0 `
26 112,394 0 `
27 144,954 0 `
28 131,328 0 `
29 107,108 0 `
30 121,497 0 `
31 106,100 0 `
32 112,148 0 `
33 95,604 0 `
34 96,741 0 `
35 109,898 0 `
36 104,732 0 `
37 80,381 0 `
38 77,159 0 `
39 61,520 0 `
40 66,375 0 `
41 67,896 22,287 `
42 58,446 0 `
43 57,463 0 `
44 59,286 0 `
45 50,989 0 `
46 54,080 3,641 `
47 44,642 0 `
48 48,657 0 `
49 46,996 0 `
50 46,942 0 `
51 56,445 0 `
52 53,033 0 `
53 44,308 0 `
54 44,344 0 `
55 49,349 0 `
56 46,675 0 `
57 43,645 0 `
58 35,875 0 `
59 46,198 0 `
60 38,072 0 `
61 41,815 0 `
62 44,553 0 `
63 35,803 0 `
64 37,912 0 `
65 31,271 0 `
66 31,961 0 `
67 37,652 0 `
68 32,835 0 `
69 27,200 0 `
70 36,070 0 `
71 31,800 0 `
72 32,709 0 `
73 35,450 0 `
74 30,914 0 `
75 29,994 0 `
76 27,812 0 `
77 28,786 0 `
78 27,992 0 `
79 27,232 0 `
80 26,004 0 `
81 24,368 0 `
82 24,481 0 `
83 23,888 0 `
84 25,418 0 `
85 22,831 0 `
86 23,077 0 `
87 20,767 0 `
88 21,194 0 `
89 26,393 0 `
90 26,033 0 `
91 20,356 0 `
92 21,064 0 `
93 17,506 0 `
94 19,232 0 `
95 18,057 0 `
96 17,033 0 `
97 17,379 0 `
98 19,683 0 `
99 16,516 0 `
100 15,686 0 `
101 15,533 0 `
102 17,630 0 `
103 14,529 0 `
104 15,534 0 `
105 15,452 0 `
106 13,828 0 `
107 12,857 0 `
108 14,383 0 `
109 13,124 0 `
110 12,171 0 `
111 11,647 0 `
112 12,588 (0) `
113 11,897 0 `
114 13,325 0 `
115 12,979 0 `
116 11,699 0 `
117 10,707 0 `
118 11,163 0 `
119 10,719 0 `
120 7,832 0 `
121 9,015 0 `
11,019,559 25,927
Specially Serviced Loan Detail
Beginning
DisclosureScheduled Interest Maturity
Control # Balance Rate Date
0
(1) Legend :
1) Request for waiver of Prepayment Penalty
2) Payment default
3) Request for Loan Modification or Workout
4) Loan with Borrower Bankruptcy
5) Loan in Process of Foreclosure
6) Loan now REO Property
7) Loans Paid Off
8) Loans Returned to Master Servicer
Specially
DisclosureProperty Serviced
Control # Type Status Code (Comments
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 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
Modified Loan Detail
Disclosure Modification Modification
Control # Date Description
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
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
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
Realized Loss Detail
Dist. Disclosure Appraisal Appraisal
Date Control # Date Value
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
0 0 01/00/00 0
Current Total 0
Cumulative 0
* Aggregate liquidation expenses also include outstanding
P&I advances and unpaid servicing fees, unpaid trustee fees, etc..
Beginning Gross Proceed Aggregate Net
Disclosure Scheduled Gross as a % of Liquidation Liquidation
Control # Balance Proceeds Sched Principal Expenses * Proceeds
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 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 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 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 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
Current To 0 0 0 0 0
Cumulative 0 0 0 0 0
* Aggregate liquidation expenses also include outstanding P&I adva
and unpaid servicing fees, unpaid trustee fees, etc..
