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 (Date of earliest event reported) : September 20, 1997
CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP., SERIES 1997-C1
(Exact name of registrant as specified in its charter)
Delaware 333-25751 13-3320910
State or Other Jurisdiction (Commission (IRS Employer
of Incorporation ) File Number) Identification No.)
Eleven Madison Ave.
New York, New York 10010
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code :(212)325-2000
N/A
(Former name or former address, if changed since last report.)
Page 1 of 4 This report consists of 7
consecutively numbered pages.
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Item 5. Other Events.
No other reportable transactions or matters have occurred during the
current reporting period.
Item 7. Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) The following exhibits are filed as part of this report:
The Distribution Date Statement to Certificateholders
on September 20, 1997 filed as Exhibit 99.1 hereto.
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SIGNATURE
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.
THE CHASE MANHATTAN BANK,
not in its individual capacity but solely as
Trustee under the Agreement referred to herein
Date: September 30, 1997 By: /s/
Norma Catone
Vice President
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INDEX TO EXHIBITS
Exhibit
Number Description of Exhibits Page
99.1 Distribution Date Statement on September 20, 1997 5
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Exhibit 99.1
Distribution Date Statement on September 20, 1997
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Credit Suisse First Boston Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1997-C1
Distribution Date Statement
Page 1
Dist Date 20-SEP-97
Record Date 30-AUG-97
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<S> <C> <C>
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Collateral
Support
Original Beginning Principal Interest Prepayment Deficit Total Ending
Class Cusip # Certificate Certificate Distribution Distribution Penalties Allocation/ Distribution Certificate
Balance Balance (PP/YMC) (Reimb) Balance
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A-1A 22540AAK4 144,045,000.00 141,792,543.34 1,034,854.54 822,396.75 0.00 0.00 1,857,251.29 140,757,688.80
A-1B 22540AAL2 190,936,000.00 190,936,000.00 0.00 1,137,660.33 0.00 0.00 1,137,660.33 190,936,000.00
A-1C 22540AAM0 559,922,000.00 559,922,000.00 0.00 3,378,196.07 0.00 0.00 3,378,196.07 559,922,000.00
A-2 22540AAP3 54,456,214.00 54,318,111.02 62,301.72 328,624.57 0.00 0.00 390,926.29 54,255,809.30
B 22540AAQ1 94,936,000.00 94,936,000.00 0.00 575,945.07 0.00 0.00 575,945.07 94,936,000.00
C 22540AAR9 67,812,000.00 67,812,000.00 0.00 414,783.40 0.00 0.00 414,783.40 67,812,000.00
D 22540AAS7 61,030,000.00 61,030,000.00 0.00 379,403.17 0.00 0.00 379,403.17 61,030,000.00
E 22540AAT5 33,906,000.00 33,906,000.00 0.00 211,912.50 0.00 0.00 211,912.50 33,906,000.00
F 22540AAU2 64,421,000.00 64,421,000.00 0.00 402,631.25 0.00 0.00 402,631.25 64,421,000.00
G 22540AAV0 13,562,000.00 13,562,000.00 0.00 84,762.50 0.00 0.00 84,762.50 13,562,000.00
H 22540AAW8 27,125,000.00 27,125,000.00 0.00 169,531.25 0.00 0.00 169,531.25 27,125,000.00
I 22540AAX6 16,952,000.00 16,952,000.00 0.00 105,950.00 0.00 0.00 105,950.00 16,952,000.00
J 22540AAY4 13,563,000.00 13,563,000.00 0.00 84,768.75 0.00 0.00 84,768.75 13,563,000.00
K 22540AAZ1 13,562,522.00 13,562,522.00 0.00 84,765.76 0.00 0.00 84,765.76 13,562,522.00
V-1 N/A N/A N/A N/A 0.00 0.00 0.00 N/A N/A
R N/A N/A N/A N/A 0.00 0.00 0.00 N/A N/A
LR N/A N/A N/A N/A 0.00 0.00 0.00 N/A N/A
Total 1,356,228,736.00 1,353,838,176.36 1,9097,156.26 8,181,331.37 0.00 0.00 9,278,487.63 1,352,741,020.10
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Original Beginning Interest Prepayment Total Ending
Class Cusip # Notional Notional Distribution Penalties Distribution Notional
Balance Balance (PP/YMC) Balance
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A-X 22540AAN8 1,356,228,736.00 1,353,838,176.36 2,224,799.30 0.00 2,224,799.30 1,352,741,020.10
Factor Information Per $1,000
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Class Cusip # Principal Interest Ending Principal Pass Through
Distribution Distribution Balance Rate
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A-1A 22540AAK4 7.18424478 5.70930438 977.17858169 6.96000000%
A-1B 22540AAL2 0.00000000 5.95833332 1000.00000000 7.15000000%
A-1C 22540AAM0 0.00000000 6.03333334 1000.00000000 7.24000000%
A-2 22540AAP3 1.14406999 6.03465694 996.31989290 7.26000000%
B 22540AAQ1 0.00000000 6.06666670 1000.00000000 7.28000000%
C 22540AAR9 0.00000000 6.11666667 1000.00000000 7.34000000%
D 22540AAS7 0.00000000 6.21666672 1000.00000000 7.46000000%
E 22540AAT5 0.00000000 6.25000000 1000.00000000 7.50000000%
F 22540AAU2 0.00000000 6.25000000 1000.00000000 7.50000000%
G 22540AAV0 0.00000000 6.25000000 1000.00000000 7.50000000%
H 22540AAW8 0.00000000 6.25000000 1000.00000000 7.50000000%
I 22540AAX6 0.00000000 6.25000000 1000.00000000 7.50000000%
J 22540AAY4 0.00000000 6.25000000 1000.00000000 7.50000000%
K 22540AAZ1 0.00000000 6.24999982 1000.00000000 7.50000000%
V-1 N/A N/A 0.00000000 N/A N/A
R N/A N/A 0.00000000 N/A N/A
LR N/A N/A 0.00000000 N/A N/A
Factor Information Per $1,000
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Interest Ending Notional
Class Cusip # Distribution Balance Pass Through Rate
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A-X 22540AAN8 1.64043073 997.42837192 1.97199282%
If there are any questions or comments, please contact the Administrator listed below.
Norma Catone
The Chase Manhattan Bank
450 West 33rd Street, 15th Floor
New York, New York 10001
(212) 946-7166
THE FIRST UNION NATIONAL BANK
SERVICER
COPYRIGHT 1996, CHASE MANHATTAN CORPORATION
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<PAGE>
Credit Suisse First Boston Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1997-C1
Distribution Date Statement
Dist Date 20-SEP-97
Record Date 31-AUG-97
Page 2
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Sec 4.02 (a) (i) Available Distribution Amount 11,503,286.93
Sec 4.02 (a) (ii)
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Uncovered Certificate
Optimal Interest Previous Unpaid Prepayment Deferred Extension Indemnification
Class Distribution Interest Interest Interest Advisor Expenses
Amount Shortfall Amount Shortfalls Amount Fees
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A-1A 822,396.75 0.00 0.00 0.00 0.00 0.00
A-1B 1,137,660.33 0.00 0.00 0.00 0.00 0.00
A-1C 3,378,196.07 0.00 0.00 0.00 0.00 0.00
A-X 2,224,799.30 0.00 0.00 0.00 0.00 0.00
A-2 328,624.57 0.00 0.00 0.00 0.00 0.00
B 575,945.07 0.00 0.00 0.00 0.00 0.00
C 414,783.40 0.00 0.00 0.00 0.00 0.00
D 379,403.17 0.00 0.00 0.00 0.00 0.00
E 211,912.50 0.00 0.00 0.00 0.00 0.00
F 402,631.25 0.00 0.00 0.00 0.00 0.00
G 84,762.50 0.00 0.00 0.00 0.00 0.00
H 169,531.25 0.00 0.00 0.00 0.00 0.00
I 105,950.00 0.00 0.00 0.00 0.00 0.00
J 84,768.75 0.00 0.00 0.00 0.00 0.00
K 84,765.76 0.00 0.00 0.00 0.00 0.00
Sec 4.02 (a) (vi) Aggregage Number of Outstanding Loans 161
Aggregate Unpaid Principal Balance of Loans 1,352,777,750.93
Sec 4.02 (a) (vii) (D) Specially Serviced Loans not Delinquent
Number of Outstanding Loans 0.00
Aggregate Unpaid Principal Balance 0.00
Sec 4.02 (a) (x) See REO STATUS REPORT
Sec 4.02 (a) (xiv) Aggregate Amount of Servicing Fee 56,333.61
Aggregate Amount of Seller Servicing Fee 39,221.03
Aggregate Amount of Special Servicing Fee 0.00
Aggregate Amount of Trustee Fee 4,512.92
Aggregate Amount of other Servicing Compensation 0.00
Appraisal Reductions
Sec 4.02 (a) (xv) Appraisal Reductions Loan Number Effected
NONE NONE
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THE FIRST UNION NATIONAL BANK
SERVICER
COPYRIGHT 1996, CHASE MANHATTAN CORPORATION
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