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: September 15, 1998
(Date of earliest event reported)
J.P. Morgan Commercial Mortgage Finance Corp.
(Depositor)
(Issuer in Respect of
Mortgage Pass-Through Certificates
Series 1997-C5)
(Exact name of registrant as specified in charter)
Delaware 333-24489 13-3408716
(State or other juris- (Commission (I.R.S. Employer
diction of organization) File No.) Identification No.)
399 Park Avenue, New York, New York 10043
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code
(212) 559-6899
(Former name or former address, if changed since last
report.)
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-C5 issued pursuant to, a Pooling and
Servicing Agreement, dated as of September 1, 1997 (the "Pooling
and Servicing Agreement"), by and among J.P. Morgan Commercial
Mortgage Finance Corp., as depositor, Midland Loan Services, L.P.,
as master servicer and special servicer, LaSalle National Bank,
as trustee and REMIC administrator, and ABN AMRO Bank, N.V., as
fiscal agent.
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 8.14 of the Pooling and Servicing
Agreement, the Trustee is filing this Current Report containing
the September 15, 1998 monthly distribution report prepared by
the Trustee pursuant to Section 4.02 thereof.
This Current Report is being filed by the Trustee, 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 Trustee by one or more of the Master
Servicer, the Special Servicer or other third parties without
independent review or investigation by the Trustee. Pursuant to
the Pooling and Servicing Agreement, the Trustee is not responsible
for the accuracy or completeness of such information.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION
AND EXHIBITS
(c) Exhibits
Exhibit No. Description
99 Monthly distribution report pursuant to
Section 4.2 of the Pooling and Servicing
Agreement for the distribution on
September 15, 1998
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.
LASALLE NATIONAL BANK, IN
ITS CAPACITY AS TRUSTEE
UNDER THE POOLING AND
SERVICING AGREEMENT ON
BEHALF OF J.P. MORGAN COMMERCIAL
MORTGAGE FINANCE CORP.,REGISTRANT
By: /s Russell Goldenberg
Russell Goldenberg,
Senior Vice President
Date: September 15, 1998
ABN AMRO
LaSalle National Bank
Administrator:
Brian Ames (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
J.P. Morgan Commercial Mortgage Finance Corp.
as Depositor
Midland Loan Services, L.P. as Servicer and Special
Servicer
Mortgage Pass-Through Certificates
Series 1997-C5
ABN AMRO Acct: 67-7817-60-3
Statemen 09/15/98
Payment 09/15/98
Prior Pa 08/17/98
Record D 08/31/98
WAC: 8.773739%
WAMM: 117
Number Of Pages
Table Of Contents 1
REMIC Certificate Report 3
Other Related Information 1
Asset Backed Facts Sheets 1
Delinquency Loan Detail 2
Mortgage Loan Characteristics 2
Loan Level Listing 10
Total Pages Included In This Pack 20
Specially Serviced Loan Detail Appendix A
Modified Loan Detail Appendix B
Realized Loss Detail Appendix C
REMIC III
Original Opening Principal
Class Face Value (1) Balance Payment
CUSIP Per $1,000 Per $1,000 Per $1,000
A-1 134,387,000.00 118,485,341.87 1,141,498.80
617059DC 1000.000000000 881.672645940 8.494116246
A-2 305,885,000.00 305,885,000.00 0.00
617059DD 1000.000000000 1000.000000000 0.000000000
A-3 298,856,000.00 298,856,000.00 0.00
617059DE 1000.000000000 1000.000000000 0.000000000
X 1,033,747,782.0N 1,017,846,123.87 0.00
617059DK 1000.000000000 984.617468200 0.000000000
B 51,687,000.00 51,687,000.00 0.00
617059DF 1000.000000000 1000.000000000 0.000000000
C 56,856,000.00 56,856,000.00 0.00
617059DG 1000.000000000 1000.000000000 0.000000000
D 56,856,000.00 56,856,000.00 0.00
617059DH 1000.000000000 1000.000000000 0.000000000
E 15,506,000.00 15,506,000.00 0.00
617059DJ 1000.000000000 1000.000000000 0.000000000
F 51,688,000.00 51,688,000.00 0.00
617059DL 1000.000000000 1000.000000000 0.000000000
G 36,180,000.00 36,180,000.00 0.00
617059DM 1000.000000000 1000.000000000 0.000000000
H 5,168,000.00 5,168,000.00 0.00
617059DN 1000.000000000 1000.000000000 0.000000000
NR-I 20,678,782.00 N 20,678,782.00 0.00
617059DP 1000.000000000 1000.000000000 0.000000000
NR-P 20,678,782.00 20,678,782.00 0.00
617059DQ 1000.000000000 1000.000000000 0.000000000
R-III 0.00 0.00 0.00
9ABSA709 1000.000000000 0.000000000 0.000000000
1,033,747,782.00 1,017,846,123.871,141,498.80
Principal Negative Closing
Class Adj. or Loss AmortizatioBalance
CUSIP Per $1,000 Per $1,000 Per $1,000
A-1 0.00 0.00 117,343,843.07
617059DC 0.0000000000.000000000 873.178529694
A-2 0.00 0.00 305,885,000.00
617059DD 0.0000000000.000000000 1000.000000000
A-3 0.00 0.00 298,856,000.00
617059DE 0.0000000000.000000000 1000.000000000
X 0.00 0.00 1,016,704,625.07
617059DK 0.0000000000.000000000 983.513234827
B 0.00 0.00 51,687,000.00
617059DF 0.0000000000.000000000 1000.000000000
C 0.00 0.00 56,856,000.00
617059DG 0.0000000000.000000000 1000.000000000
D 0.00 0.00 56,856,000.00
617059DH 0.0000000000.000000000 1000.000000000
E 0.00 0.00 15,506,000.00
617059DJ 0.0000000000.000000000 1000.000000000
F 0.00 0.00 51,688,000.00
617059DL 0.0000000000.000000000 1000.000000000
G 0.00 0.00 36,180,000.00
617059DM 0.0000000000.000000000 1000.000000000
H 0.00 0.00 5,168,000.00
617059DN 0.0000000000.000000000 1000.000000000
NR-I 0.00 0.00 20,678,782.00
617059DP 0.0000000000.000000000 1000.000000000
NR-P 0.00 0.00 20,678,782.00
617059DQ 0.0000000000.000000000 1000.000000000
R-III 0.00 0.00 0.00
9ABSA709 0.0000000000.000000000 0.000000000
0.00 0.00 1,016,704,625.07
Interest Interest Pass-Through
Class Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Next Rate (3)
A-1 686,425.08 0.00 6.95200000%
617059DC 5.1078235250.000000000 Fixed
A-2 1,801,917.55 0.00 7.06900000%
617059DD 5.8908333200.000000000 Fixed
A-3 1,765,242.77 0.00 7.08800000%
617059DE 5.9066666560.000000000 Fixed
X 1,318,488.63 0.00 1.55444553%
617059DK 1.2754451840.000000000 1.55421894%
B 308,356.03 0.00 7.15900000%
617059DF 5.9658333820.000000000 Fixed
C 342,960.13 0.00 7.23850000%
617059DG 6.0320833330.000000000 Fixed
D 348,290.38 0.00 7.35100000%
617059DH 6.1258333330.000000000 Fixed
E 98,359.73 0.00 7.61200000%
617059DJ 6.3433335480.000000000 Fixed
F 325,655.94 0.00 7.56050000%
617059DL 6.3004167310.000000000 Fixed
G 218,587.50 0.00 7.25000000%
617059DM 6.0416666670.000000000 Fixed
H 31,223.33 0.00 7.25000000%
617059DN 6.0416660220.000000000 Fixed
NR-I 124,934.31 0.00 7.25000000%
617059DP 6.0416667670.000000000 Fixed
NR-P 0.00 0.00
617059DQ 0.0000000000.000000000
R-III 0.00 0.00
9ABSA709 0.0000000000.000000000
7,370,441.38 0.00
Total P& 8,511,940.18
Notes: (1) N denotes notional balance not included in total
(2) Interest Paid minus Interest Adjustment minus Deferred
Interest equals Accrual (3) Estimated
REMIC II
Original Opening Principal
Class Face Value (1) Balance Payment
CUSIP Per $1,000 Per $1,000 Per $1,000
Interest 134,387,000.00 118,485,341.871,141,498.80
None 1000.000000000 881.672645940 8.494116246
Interest 305,885,000.00 305,885,000.00 0.00
None 1000.000000000 1000.000000000 0.000000000
Interest 298,856,000.00 298,856,000.00 0.00
None 1000.000000000 1000.000000000 0.000000000
Interest 51,687,000.00 51,687,000.00 0.00
None 1000.000000000 1000.000000000 0.000000000
Interest 56,856,000.00 56,856,000.00 0.00
None 1000.000000000 1000.000000000 0.000000000
Interest 56,856,000.00 56,856,000.00 0.00
None 1000.000000000 1000.000000000 0.000000000
Interest 15,506,000.00 15,506,000.00 0.00
None 1000.000000000 1000.000000000 0.000000000
Interest 51,688,000.00 51,688,000.00 0.00
None 1000.000000000 1000.000000000 0.000000000
Interest 36,180,000.00 36,180,000.00 0.00
None 1000.000000000 1000.000000000 0.000000000
Interest 5,168,000.00 5,168,000.00 0.00
None 1000.000000000 1000.000000000 0.000000000
Interest 20,678,782.00 20,678,782.00 0.00
None 1000.000000000 1000.000000000 0.000000000
R-II 0.00 0.00 0.00
9ABSA695 1000.000000000 0.000000000 0.000000000
1,033,747,782.00 1,017,846,123.871,141,498.80
Principal Negative Closing
Class Adj. or Loss AmortizatioBalance
CUSIP Per $1,000 Per $1,000 Per $1,000
Interest 0.00 0.00 117,343,843.07
None 0.0000000000.000000000 873.178529694
Interest 0.00 0.00 305,885,000.00
None 0.0000000000.000000000 1000.000000000
Interest 0.00 0.00 298,856,000.00
None 0.0000000000.000000000 1000.000000000
Interest 0.00 0.00 51,687,000.00
None 0.0000000000.000000000 1000.000000000
Interest 0.00 0.00 56,856,000.00
None 0.0000000000.000000000 1000.000000000
Interest 0.00 0.00 56,856,000.00
None 0.0000000000.000000000 1000.000000000
Interest 0.00 0.00 15,506,000.00
None 0.0000000000.000000000 1000.000000000
Interest 0.00 0.00 51,688,000.00
None 0.0000000000.000000000 1000.000000000
Interest 0.00 0.00 36,180,000.00
None 0.0000000000.000000000 1000.000000000
Interest 0.00 0.00 5,168,000.00
None 0.0000000000.000000000 1000.000000000
Interest 0.00 0.00 20,678,782.00
None 0.0000000000.000000000 1000.000000000
R-II 0.00 0.00 0.00
9ABSA695 0.0000000000.000000000 0.000000000
0.00 0.001,016,704,625.07
Interest Interest Pass-Through
Class Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Next Rate (3)
Interest 857,977.69 0.00 8.68945654%
None 6.3843801110.000000000 8.68943543%
Interest 2,214,978.68 0.00 8.68945654%
None 7.2412137890.000000000 8.68943543%
Interest 2,164,080.19 0.00 8.68945654%
None 7.2412137950.000000000 8.68943543%
Interest 374,276.62 0.00 8.68945654%
None 7.2412138450.000000000 8.68943543%
Interest 411,706.45 0.00 8.68945654%
None 7.2412137680.000000000 8.68943543%
Interest 411,706.45 0.00 8.68945654%
None 7.2412137680.000000000 8.68943543%
Interest 112,282.26 0.00 8.68945654%
None 7.2412137240.000000000 8.68943543%
Interest 374,283.86 0.00 8.68945654%
None 7.2412138210.000000000 8.68943543%
Interest 261,987.11 0.00 8.68945654%
None 7.2412136540.000000000 8.68943543%
Interest 37,422.59 0.00 8.68945654%
None 7.2412132350.000000000 8.68943543%
Interest 149,739.48 0.00 8.68945654%
None 7.2412137230.000000000 8.68943543%
R-II 0.00 0.00
9ABSA695 0.0000000000.000000000
7,370,441.38 0.00
Total P& 8,511,940.18
Notes: (1) N denotes notional balance not included in total
(2) Interest Paid minus Interest Adjustment minus Deferred
Interest equals Accrual (3) Estimated
REMIC I
Original Opening Principal
Class Face Value (1) Balance Payment
Regular 1,033,747,782.00 1,017,846,123.871,141,498.80
None 1000.000000000 984.617468200 1.104233373
R-I 0.00 0.00 0.00
9ABSA694 1000.000000000 0.000000000 0.000000000
1,033,747,782.00 1,017,846,123.871,141,498.80
Principal Negative Closing
Class Adj. or Loss AmortizatioBalance
Regular 0.00 0.001,016,704,625.07
None 0.0000000000.000000000 983.513234827
R-I 0.00 0.00 0.00
9ABSA694 0.0000000000.000000000 0.000000000
0.00 0.001,016,704,625.07
Interest Interest Pass-Through
Class Payment Adjustment Rate (2)
Regular 7,370,441.38 0.00 8.68945654%
None 7.1298255810.000000000 8.68943543%
R-I 0.00 0.00
9ABSA694 0.0000000000.000000000
7,370,441.38 0.00
Total P& 8,511,940.18
Notes: (1) N denotes notional balance not included in total
(2) Interest Paid minus Interest Adjustment minus Deferred
Interest equals Accrual (3) Estimated
Other Related Information
Excess
CertificatPrepayment Unpaid Deferred
Class Interest ShortInterest Interest
A-1 0.00 0.00 0.00
A-2 0.00 0.00 0.00
A-3 0.00 0.00 0.00
X 0.00 0.00 0.00
B 0.00 0.00 0.00
C 0.00 0.00 0.00
D 0.00 0.00 0.00
E 0.00 0.00 0.00
F 0.00 0.00 0.00
G 0.00 0.00 0.00
H 0.00 0.00 0.00
NR-I 0.00 117.42 0.00
NR-P 0.00 0.00 0.00
R-III 0.00 0.00 0.00
Totals: 0.00 117.42 0.00
Collateral Net Gross
CertificatValue Prepayment Prepayment
Class Adjustment Premiums Premiums
A-1 0.00 0.00 0.00
A-2 0.00 0.00 0.00
A-3 0.00 0.00 0.00
X 0.00 0.00 0.00
B 0.00 0.00 0.00
C 0.00 0.00 0.00
D 0.00 0.00 0.00
E 0.00 0.00 0.00
F 0.00 0.00 0.00
G 0.00 0.00 0.00
H 0.00 0.00 0.00
NR-I 0.00 0.00 0.00
NR-P 0.00 0.00 0.00
R-III 0.00 0.00 0.00
Totals: 0.00 0.00 0.00
DistributiDelinq 1 Month Delinq 2 Months
Date # Balance # Balance
09/15/98 0 0.00 34,794,457.
0.00% 0.00% 1.12% 0.47%
DistributiDelinq 3+ Months Foreclosure/Bankruptcy
Date # Balance # Balance
09/15/98 0 0.00 0 0.00
0.00% 0.00% 0.00% 0.00%
Distributi REO Modifications
Date # Balance # Balance
09/15/98 0 0.00 0 0.00
0.00% 0.00% 0.00% 0.00%
Distributi Prepayments Curr Weighted Avg.
Date # Balance Coupon Remit
09/15/98 0 0.00 8.7737% 8.6895%
0.00% 0.00%
Delinquent Loan Detail
Paid Outstanding
DisclosureThru Current P&I P&I
Control # Date Advance Advances**
8 08/01/98 102,050.62 102,050.62
227 06/01/98 11,393.38 34,179.93
94 08/01/98 27,603.24 27,603.24
144 08/01/98 23,578.39 23,578.39
205 06/01/98 15,788.36 47,364.71
222 08/01/98 12,436.24 12,436.24
72 08/01/98 34,920.85 34,920.85
201 08/01/98 13,962.40 13,962.40
21 08/01/98 100,158.22 100,158.22
84 08/01/98 32,238.76 32,238.76
110 08/01/98 27,584.33 27,584.33
180 08/01/98 15,653.46 15,653.46
221 08/01/98 12,197.50 12,197.50
77 08/01/98 31,767.73 31,767.73
167 08/01/98 17,952.84 17,952.84
10 08/01/98 111,021.23 111,021.23
162 08/01/98 18,113.60 18,113.60
249 08/01/98 12,056.33 12,056.33
103 08/01/98 25,890.27 25,890.27
166 08/01/98 17,318.54 17,318.54
129 08/01/98 27,142.45 27,142.45
63 08/01/98 36,049.15 36,049.15
250 08/01/98 10,354.42 10,354.42
18 08/01/98 84,452.14 84,452.14
90 08/01/98 29,656.57 29,656.57
187 06/01/98 15,017.62 45,052.34
183 08/01/98 17,304.14 17,304.14
263 08/01/98 8,221.78 8,221.78
Out. Property Special
DisclosureProtection Advance Servicer
Control # Advances Description Transfer Date
205 0.00 B
29 0.00 2 04/03/98
21 0.00 A
48 0.00 B
65 0.00 2 07/06/98
62 0.00 B
159 0.00 B
84 0.00 B
110 0.00 B
17 0.00 B
133 0.00 B
108 0.00 B
16 0.00 B
64 0.00 B
157 0.00 B
167 0.00 B
162 0.00 B
25 0.00 B
177 0.00 B
63 0.00 B
32 0.00 B
161 0.00 B
33 0.00 A
250 0.00 A
121 0.00 A
224 0.00 2 09/09/98
88 0.00 A
259 0.00 A
DisclosureForeclosure Bankruptcy REO
Control # Date Date Date
205
29
21
48
65
62
159
84
110
17
133
108
16
64
157
167
162
25
177
63
32
161
33
250
121
224
88
259
A. P&I Advance - Loan in Grace Period
B. P&I Advance - Late Payment but < 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
Paid Outstanding
DisclosureThru Current P&I P&I
Control # Date Advance Advances**
259 08/01/98 8,923.61 8,923.61
45 08/01/98 44,368.89 44,368.89
123 08/01/98 24,631.78 24,631.78
Total 969,808.84 1,054,206.46
Out. Property Special
DisclosureProtection Advance Servicer
Control # Advances Description Transfer Date
82 0.00 A
9 0.00 A
28 0.00 A
Total 0.00
DisclosureForeclosure Bankruptcy REO
Control # Date Date Date
82
9
28
A. P&I Advance - Loan in Grace Period
B. P&I Advance - Late Payment but < 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
Pool Total
Distribution of Principal Balances
Current Scheduled Number
Balances of Loans
$0to $1,000,000 9
$1,000,000to $1,500,000 45
$1,500,000to $2,000,000 44
$2,000,000to $3,000,000 60
$3,000,000to $4,000,000 40
$4,000,000to $5,000,000 14
$5,000,000to $6,000,000 9
$6,000,000to $7,000,000 7
$7,000,000to $8,000,000 13
$8,000,000to $9,000,000 2
$9,000,000to $10,000,000 7
$10,000,00to $11,000,000 4
$11,000,00to $12,000,000 2
$12,000,00to $13,000,000 0
$13,000,00to $14,000,000 6
$14,000,00to $15,000,000 2
$15,000,00to $16,000,000 2
$16,000,00to $17,000,000 0
$17,000,00to $20,000,000 1
$20,000,00& Above 1
Total 268
Current Scheduled Scheduled
Balances Balance
$0to $1,000,000 7,206,439
$1,000,000to $1,500,000 57,102,977
$1,500,000to $2,000,000 77,073,249
$2,000,000to $3,000,000 149,229,707
$3,000,000to $4,000,000 135,085,170
$4,000,000to $5,000,000 63,437,840
$5,000,000to $6,000,000 49,631,446
$6,000,000to $7,000,000 44,041,035
$7,000,000to $8,000,000 97,860,531
$8,000,000to $9,000,000 17,168,387
$9,000,000to $10,000,000 65,990,049
$10,000,00to $11,000,000 42,583,497
$11,000,00to $12,000,000 23,324,109
$12,000,00to $13,000,000 0
$13,000,00to $14,000,000 80,960,633
$14,000,00to $15,000,000 28,314,677
$15,000,00to $16,000,000 31,610,550
$16,000,00to $17,000,000 0
$17,000,00to $20,000,000 19,140,617
$20,000,00& Above 26,943,711
Total 1,016,704,625
Current Scheduled Based on
Balances Balance
$0to $1,000,000 0.71%
$1,000,000to $1,500,000 5.62%
$1,500,000to $2,000,000 7.58%
$2,000,000to $3,000,000 14.68%
$3,000,000to $4,000,000 13.29%
$4,000,000to $5,000,000 6.24%
$5,000,000to $6,000,000 4.88%
$6,000,000to $7,000,000 4.33%
$7,000,000to $8,000,000 9.63%
$8,000,000to $9,000,000 1.69%
$9,000,000to $10,000,000 6.49%
$10,000,00to $11,000,000 4.19%
$11,000,00to $12,000,000 2.29%
$12,000,00to $13,000,000 0.00%
$13,000,00to $14,000,000 7.96%
$14,000,00to $15,000,000 2.78%
$15,000,00to $16,000,000 3.11%
$16,000,00to $17,000,000 0.00%
$17,000,00to $20,000,000 1.88%
$20,000,00& Above 2.65%
Total 100.00%
Average Scheduled Balance is 3,793,673.97
Maximum Scheduled Balance is 26,943,710.60
Minimum Scheduled Balance is 489,746.50
Distribution of Property Types
Number Scheduled Based on
Property Tof Loans Balance Balance
Retail 87 317,166,055 31.20%
Multifamil 73 264,554,263 26.02%
Office 25 116,511,117 11.46%
Mixed Use 13 95,862,620 9.43%
Lodging 24 77,962,245 7.67%
Health Car 12 60,305,505 5.93%
Industrial 21 52,861,450 5.20%
Warehouse 8 16,376,965 1.61%
Mobile Hom 3 12,060,473 1.19%
Self Stora 2 3,043,931 0.30%
Total 2681,016,704,62 100.00%
Distribution of Mortgage Interest Rates
Current Mortgage Number
Interest Rate of Loans
7.875%or less 4
7.875%to 8.000% 1
8.000%to 8.125% 5
8.125%to 8.250% 9
8.250%to 8.375% 13
8.375%to 8.500% 20
8.500%to 8.625% 16
8.625%to 8.750% 35
8.750%to 9.000% 70
9.000%to 9.125% 23
9.125%to 9.500% 51
9.500%to 9.625% 4
9.625%to 9.750% 6
9.750%to 10.000% 9
10.000%& Above 2
Total 268
Current Mortgage Scheduled Based on
Interest Rate Balance Balance
7.875%or less 26,513,854 2.61%
7.875%to 8.000% 4,518,256 0.44%
8.000%to 8.125% 28,764,975 2.83%
8.125%to 8.250% 31,539,858 3.10%
8.250%to 8.375% 84,588,367 8.32%
8.375%to 8.500% 93,591,170 9.21%
8.500%to 8.625% 79,123,718 7.78%
8.625%to 8.750% 160,795,948 15.82%
8.750%to 9.000% 238,746,286 23.48%
9.000%to 9.125% 90,908,395 8.94%
9.125%to 9.500% 128,471,111 12.64%
9.500%to 9.625% 3,371,573 0.33%
9.625%to 9.750% 18,667,932 1.84%
9.750%to 10.000% 23,241,630 2.29%
10.000%& Above 3,861,554 0.38%
Total 1,016,704,625 100.00%
W/Avg Mortgage Interest Rate is 8.7737%
Minimum Mortgage Interest Rate is 7.6250%
Maximum Mortgage Interest Rate is 10.1900%
Geographic Distribution
Number Scheduled Based on
Geographicof Loans Balance Balance
California 39 196,031,631 19.28%
Florida 22 82,078,058 8.07%
Texas 29 78,087,457 7.68%
New York 16 77,436,706 7.62%
Virginia 13 74,999,644 7.38%
New Jersey 13 51,828,121 5.10%
Maryland 12 50,553,772 4.97%
Arizona 12 43,325,697 4.26%
Washington 3 26,663,546 2.62%
Wisconsin 7 26,575,867 2.61%
Illinois 4 25,038,813 2.46%
Georgia 8 23,463,313 2.31%
Oklahoma 5 18,544,085 1.82%
North Caro 5 18,270,025 1.80%
Kansas 6 18,004,641 1.77%
Pennsylvan 9 17,208,813 1.69%
Nevada 6 16,479,079 1.62%
Indiana 6 15,351,406 1.51%
Puerto Ric 1 14,300,352 1.41%
New Mexico 4 13,946,076 1.37%
Kentucky 1 13,247,759 1.30%
Nebraska 4 12,602,047 1.24%
Colorado 6 12,569,660 1.24%
Ohio 4 12,203,646 1.20%
Minnesota 4 11,308,578 1.11%
Massachuse 2 9,845,639 0.97%
Tennessee 5 8,170,460 0.80%
Vermont 2 7,798,278 0.77%
Missouri 3 7,549,021 0.74%
Oregon 2 5,837,402 0.57%
Other 15 27,385,033 2.69%
Total 2681,016,704,62 100.00%
Loan Seasoning
Number Scheduled Based on
Number of of Loans Balance Balance
1 year or 10 39,705,563 3.91%
1+ to 2 y 246 914,821,551 89.98%
2+ to 3 ye 11 60,527,081 5.95%
3+ to 4 ye 1 1,650,430 0.16%
4+ to 5 ye 0 0 0.00%
5+ to 6 ye 0 0 0.00%
6+ to 7 ye 0 0 0.00%
7+ to 8 ye 0 0 0.00%
8+ to 9 ye 0 0 0.00%
9+ to 10 y 0 0 0.00%
10 years 0 0 0.00%
Total 2681,016,704,62 100.00%
Weighted Average Seasoni 1.4
Distribution of Amortization Type
Number Scheduled Based on
Amortizatiof Loans Balance Balance
Fully Amor 26 74,699,308 7.35%
Amortizing 241 939,289,171 92.39%
Interest O 1 2,716,146 0.27%
Total 2681,016,704,62 100.00%
Distribution of Remaining Term
Fully Amortizing
Fully AmorNumber Scheduled Based on
Mortgage Lof Loans Balance Balance
60 months 0 0 0.00%
61 to 120 0 0 0.00%
121 to 180 10 32,187,031 3.17%
181 to 240 15 41,267,791 4.06%
241 to 360 2 3,960,632 0.39%
Total 27 77,415,454 7.61%
Weighted Average Months 199
Distribution of Remaining Term
Balloon Loans
Balloon Number Scheduled Based on
Mortgage Lof Loans Balance Balance
12 months 0 0 0.00%
13 to 24 m 0 0 0.00%
25 to 36 m 0 0 0.00%
37 to 48 m 9 58,482,831 5.75%
49 to 60 m 1 2,209,900 0.22%
61 to 120 173 627,561,526 61.73%
121 to 180 54 201,779,164 19.85%
181 to 240 4 49,255,751 4.84%
Total 241 939,289,171 92.39%
Weighted Average Months 110
Distribution of DSCR
Debt Service Number
Coverage Ratio (1) of Loans
1.000or less 21
1.000to 1.100 9
1.100to 1.150 5
1.150to 1.200 6
1.200to 1.250 8
1.250to 1.300 14
1.300to 1.350 9
1.350to 1.400 13
1.400to 1.450 11
1.450to 1.500 14
1.500to 1.600 29
1.600to 1.700 19
1.700to 1.800 16
1.800to 1.900 15
1.900& above 33
Unknown 46
Total 268
Debt Service Scheduled Based on
Coverage Ratio (1) Balance Balance
1.000or less 47,831,872 4.70%
1.000to 1.100 27,452,109 2.70%
1.100to 1.150 12,663,352 1.25%
1.150to 1.200 12,690,147 1.25%
1.200to 1.250 30,579,990 3.01%
1.250to 1.300 85,359,718 8.40%
1.300to 1.350 58,154,971 5.72%
1.350to 1.400 42,662,520 4.20%
1.400to 1.450 42,754,930 4.21%
1.450to 1.500 86,267,893 8.49%
1.500to 1.600 98,466,462 9.68%
1.600to 1.700 63,598,046 6.26%
1.700to 1.800 56,113,285 5.52%
1.800to 1.900 46,172,069 4.54%
1.900& above 126,410,180 12.43%
Unknown 179,527,079 17.66%
Total 1,016,704,625 100.00%
Weighted Average Debt Service Covera 1.520
(1) Debt Service Coverage Ratios are calculated as describe
values are updated periodically as new NOI figures became
borrowers on an asset level.
Neither the Trustee, Servicer, Special Servicer or Un
any representation as to the accuracy of the data provided
for this calculation.
NOI Aging
Number Scheduled Based on
NOI Date of Loans Balance Balance
1 year or 0 0 0.00%
1 to 2 yea 222 893,032,960 87.84%
2 Years or 8 14,060,275 1.38%
Unknown 38 109,611,390 10.78%
Total 2681,016,704,62 100.00%
Loan Level Detail
Property
Disclosure Type Maturity
Control # Group Code Date DSCR
1JPM970C5 Retail 02/01/17 1.460
2JPM970C5 Office 06/01/09 2.100
3JPM970C5 Office 06/01/07 1.690
4JPM970C5 Mixed Use 02/01/07
5JPM970C5 Retail 01/01/06 1.340
6JPM970C5 Multifamily 06/01/04 1.260
7JPM970C5 Retail 07/01/17 1.430
8JPM970C5 Multifamily 09/01/12
9JPM970C5 Retail 06/01/02
10JPM970C5 Mixed Use 06/01/04 1.490
11JPM970C5 Mixed Use 06/01/02
12JPM970C5 Mixed Use 06/01/07 1.290
13JPM970C5 Retail 01/01/12 1.320
14JPM970C5 Multifamily 06/01/04 1.300
15JPM970C5 Retail 05/01/09 1.300
16JPM970C5 Office 02/01/07 1.350
17JPM970C5 Lodging 01/01/12 2.260
18JPM970C5 Mixed Use 04/01/09 1.470
19JPM970C5 Multifamily 04/01/07 1.040
20JPM970C5 Lodging 01/01/07 1.790
21JPM970C5 Mobile Home 07/01/11 1.470
22JPM970C5 Health Care 07/01/17 1.210
23JPM970C5 Retail 06/01/07
24JPM970C5 Mixed Use 04/01/07 1.550
25JPM970C5 Retail 07/01/12 1.410
26JPM970C5 Office 05/01/07 2.390
27JPM970C5 Retail 02/01/07 1.260
28JPM970C5 Mixed Use 06/01/02 2.010
29JPM970C5 Multifamily 12/01/05 1.620
30JPM970C5 Retail 05/01/09
31JPM970C5 Health Care 01/01/12 1.870
32JPM970C5 Multifamily 01/01/06 1.860
33JPM970C5 Office 01/01/04 1.240
34JPM970C5 Health Care 03/01/07 1.380
35JPM970C5 Lodging 06/01/07 1.980
36JPM970C5 Multifamily 05/01/07 1.270
37JPM970C5 Warehouse 06/01/12 1.370
38JPM970C5 Multifamily 02/01/07 1.570
39JPM970C5 Industrial 04/01/07 1.590
40JPM970C5 Office 12/01/06 1.910
41JPM970C5 Multifamily 06/01/07 1.510
42JPM970C5 Health Care 04/01/07 2.210
43JPM970C5 Multifamily 03/01/07 1.310
44JPM970C5 Retail 06/01/02 1.260
45JPM970C5 Multifamily 09/01/07 0.830
46JPM970C5 Retail 05/01/07 1.720
47JPM970C5 Retail 04/01/07 1.320
48JPM970C5 Multifamily 05/01/06 1.580
49JPM970C5 Multifamily 03/01/07 1.650
50JPM970C5 Office 07/01/07 1.770
51JPM970C5 Multifamily 02/01/07 1.730
52JPM970C5 Lodging 04/01/07
53JPM970C5 Health Care 01/01/12
54JPM970C5 Multifamily 07/01/12 1.490
55JPM970C5 Retail 01/01/07 1.390
56JPM970C5 Multifamily 09/01/06 1.890
57JPM970C5 Retail 08/01/02 1.580
58JPM970C5 Office 03/01/17 0.730
59JPM970C5 Mixed Use 06/01/15 1.150
60JPM970C5 Retail 08/01/12
61JPM970C5 Multifamily 01/01/06 1.740
62JPM970C5 Multifamily 08/01/06 1.410
63JPM970C5 Multifamily 12/01/05 1.540
64JPM970C5 Industrial 06/01/07
65JPM970C5 Multifamily 06/01/06 1.540
66JPM970C5 Industrial 12/01/06
67JPM970C5 Health Care 03/01/02 1.450
68JPM970C5 Retail 05/01/07 1.200
69JPM970C5 Health Care 02/01/07
70JPM970C5 Multifamily 06/01/09 1.360
71JPM970C5 Multifamily 02/01/07 1.500
72JPM970C5 Office 05/01/07 1.510
73JPM970C5 Lodging 04/01/07 2.540
74JPM970C5 Retail 06/01/07 1.390
75JPM970C5 Retail 03/01/09 1.090
76JPM970C5 Warehouse 02/01/08
77JPM970C5 Health Care 06/01/04 0.730
78JPM970C5 Multifamily 07/01/07 1.230
79JPM970C5 Retail 07/01/07 1.350
80JPM970C5 Retail 04/01/12 1.630
81JPM970C5 Health Care 07/01/07
82JPM970C5 Industrial 06/01/02 1.030
83JPM970C5 Lodging 05/01/07 1.970
84JPM970C5 Retail 01/01/04 1.890
85JPM970C5 Retail 01/01/09 1.580
86JPM970C5 Health Care 07/01/07 1.290
87JPM970C5 Multifamily 08/01/07
88JPM970C5 Multifamily 06/01/15 1.150
89JPM970C5 Retail 07/01/12 2.210
90JPM970C5 Retail 06/01/07 4.210
91JPM970C5 Multifamily 04/01/07 1.550
92JPM970C5 Retail 09/01/07 1.610
93JPM970C5 Retail 01/01/07 1.500
94JPM970C5 Retail 03/01/07 1.620
95JPM970C5 Multifamily 07/01/04
96JPM970C5 Multifamily 05/01/07 1.490
97JPM970C5 Retail 12/01/08 0.020
98JPM970C5 Industrial 04/01/17
99JPM970C5 Multifamily 07/31/07 2.060
100JPM970C5 Retail 12/01/08 -1.260
101JPM970C5 Lodging 09/01/07 1.660
102JPM970C5 Lodging 07/01/12 2.660
103JPM970C5 Multifamily 07/01/07
104JPM970C5 Multifamily 05/01/04 1.280
105JPM970C5 Retail 05/01/12 1.730
106JPM970C5 Office 02/01/07 1.620
107JPM970C5 Industrial 04/01/17 2.330
108JPM970C5 Lodging 02/01/17 2.230
109JPM970C5 Industrial 04/01/07 1.510
110JPM970C5 Retail 01/01/04 1.860
111JPM970C5 Office 01/01/07 1.850
112JPM970C5 Office 01/01/04 1.790
113JPM970C5 Industrial 09/01/07
114JPM970C5 Multifamily 07/01/17 1.980
115JPM970C5 Office 12/01/06 2.560
116JPM970C5 Multifamily 01/01/02
117JPM970C5 Multifamily 08/01/06 1.800
118JPM970C5 Retail 07/01/07 1.200
119JPM970C5 Multifamily 06/01/04
120JPM970C5 Retail 09/30/06 1.020
121JPM970C5 Retail 08/01/09 1.490
122JPM970C5 Multifamily 07/01/07 1.370
123JPM970C5 Office 08/01/07
124JPM970C5 Retail 07/01/07 1.650
125JPM970C5 Multifamily 07/01/07 1.540
126JPM970C5 Lodging 05/01/04 1.900
127JPM970C5 Multifamily 01/01/04 1.940
128JPM970C5 Office 05/01/07 1.570
129JPM970C5 Lodging 07/01/14 1.730
130JPM970C5 Retail 09/01/07 1.220
131JPM970C5 Multifamily 07/01/07
132JPM970C5 Lodging 02/01/07 2.300
133JPM970C5 Industrial 01/01/07 2.160
134JPM970C5 Retail 03/01/07 1.260
135JPM970C5 Retail 06/01/04 0.790
136JPM970C5 Multifamily 06/01/07 1.560
137JPM970C5 Multifamily 02/01/07 1.530
138JPM970C5 Retail 03/01/09 2.010
139JPM970C5 Lodging 05/01/07 1.070
140JPM970C5 Retail 06/01/09 0.110
141JPM970C5 Multifamily 03/01/07 1.620
142JPM970C5 Multifamily 04/01/12 1.810
143JPM970C5 Mixed Use 03/01/12 1.860
144JPM970C5 Lodging 04/01/07 1.540
145JPM970C5 Retail 01/01/04 0.980
146JPM970C5 Retail 09/01/07 1.510
147JPM970C5 Industrial 07/01/09 1.410
148JPM970C5 Health Care 01/01/07 1.710
149JPM970C5 Retail 07/01/07
150JPM970C5 Retail 06/01/07
151JPM970C5 Retail 07/01/04 0.970
152JPM970C5 Mixed Use 06/01/04
153JPM970C5 Retail 06/01/09 0.160
154JPM970C5 Lodging 12/01/06 1.440
155JPM970C5 Retail 07/01/07
156JPM970C5 Retail 07/01/12 1.430
157JPM970C5 Retail 05/01/12 1.580
158JPM970C5 Retail 02/01/07 1.530
159JPM970C5 Multifamily 01/01/07 1.210
160JPM970C5 Retail 11/01/02 1.740
161JPM970C5 Health Care 05/01/12 1.460
162JPM970C5 Office 06/01/07 1.310
163JPM970C5 Multifamily 02/01/17 1.530
164JPM970C5 Multifamily 09/01/06 1.530
165JPM970C5 Retail 06/01/07
166JPM970C5 Multifamily 07/01/07
167JPM970C5 Retail 06/01/12 1.360
168JPM970C5 Lodging 01/01/12 0.470
169JPM970C5 Retail 07/01/12 1.140
170JPM970C5 Multifamily 04/01/12 1.380
171JPM970C5 Retail 04/01/07 1.730
172JPM970C5 Multifamily 09/01/22
173JPM970C5 Retail 07/01/07 1.240
174JPM970C5 Industrial 07/01/12
175JPM970C5 Multifamily 07/01/22
176JPM970C5 Multifamily 03/01/07 1.730
177JPM970C5 Multifamily 12/01/06 2.570
178JPM970C5 Multifamily 03/01/07 1.700
179JPM970C5 Retail 07/01/07 1.380
180JPM970C5 Retail 01/01/07
181JPM970C5 Multifamily 08/01/07 1.860
182JPM970C5 Retail 06/01/09 0.380
183JPM970C5 Retail 04/01/09 1.520
184JPM970C5 Retail 04/01/09
185JPM970C5 Multifamily 04/01/07 1.190
186JPM970C5 Office 06/01/04 1.250
187JPM970C5 Multifamily 04/01/07 1.630
188JPM970C5 Industrial 01/01/07 2.100
189JPM970C5 Lodging 09/01/07 1.750
190JPM970C5 Retail 06/01/09 0.690
191JPM970C5 Lodging 08/01/17 2.080
192JPM970C5 Lodging 07/01/12 2.260
193JPM970C5 Office 05/01/04 1.400
194JPM970C5 Multifamily 12/01/11 1.600
195JPM970C5 Lodging 03/01/07 1.990
196JPM970C5 Mobile Home 06/01/07 1.180
197JPM970C5 Lodging 06/01/17 1.820
198JPM970C5 Office 07/01/07 1.590
199JPM970C5 Retail 07/01/07
200JPM970C5 Multifamily 07/01/07
201JPM970C5 Multifamily 01/01/07
202JPM970C5 Retail 01/01/07 1.550
203JPM970C5 Multifamily 08/01/02 1.350
204JPM970C5 Multifamily 10/01/06
205JPM970C5 Lodging 10/01/06 1.300
206JPM970C5 Retail 07/01/17 0.860
207JPM970C5 Multifamily 08/01/07 2.330
208JPM970C5 Retail 06/01/09
209JPM970C5 Industrial 04/01/04 1.830
210JPM970C5 Office 04/01/07 1.700
211JPM970C5 Self Storage 01/01/04 2.140
212JPM970C5 Retail 07/01/17 1.420
213JPM970C5 Industrial 07/01/07 1.570
214JPM970C5 Industrial 03/01/07 1.120
215JPM970C5 Lodging 09/01/12 1.690
216JPM970C5 Warehouse 04/01/07 1.610
217JPM970C5 Retail 06/01/09 0.400
218JPM970C5 Self Storage 04/01/07
219JPM970C5 Office 02/01/07 2.180
220JPM970C5 Industrial 01/01/04
221JPM970C5 Retail 01/01/07
222JPM970C5 Industrial 04/01/07 1.480
223JPM970C5 Multifamily 02/01/07 1.370
224JPM970C5 Retail 06/01/09 1.500
225JPM970C5 Office 01/01/04 1.320
226JPM970C5 Multifamily 08/01/07 1.500
227JPM970C5 Multifamily 07/01/07 1.400
228JPM970C5 Retail 06/01/09 0.210
229JPM970C5 Retail 06/01/09 0.560
230JPM970C5 Lodging 05/01/12 0.990
231JPM970C5 Multifamily 05/01/12 1.060
232JPM970C5 Retail 05/01/07 1.460
233JPM970C5 Retail 07/01/07
234JPM970C5 Retail 06/01/09 0.460
235JPM970C5 Mixed Use 05/01/04 1.030
236JPM970C5 Retail 07/01/07 1.930
237JPM970C5 Industrial 04/01/17 2.260
238JPM970C5 Multifamily 05/01/06 2.020
239JPM970C5 Multifamily 04/01/07 1.360
240JPM970C5 Mixed Use 04/01/07 1.230
241JPM970C5 Industrial 04/01/12 1.900
242JPM970C5 Office 01/01/07 1.900
243JPM970C5 Retail 06/01/09 1.050
244JPM970C5 Retail 07/01/07 1.760
245JPM970C5 Retail 06/01/09 0.350
246JPM970C5 Retail 06/01/09 0.700
247JPM970C5 Multifamily 06/01/07 1.270
248JPM970C5 Industrial 05/01/07 2.640
249JPM970C5 Retail 07/01/12
250JPM970C5 Multifamily 03/01/12 0.770
251JPM970C5 Retail 04/01/12 1.650
252JPM970C5 Retail 07/01/17
253JPM970C5 Multifamily 05/01/07 1.680
254JPM970C5 Warehouse 01/01/07 1.300
255JPM970C5 Office 06/01/07 1.060
256JPM970C5 Lodging 07/01/17 1.190
257JPM970C5 Industrial 05/01/07 1.710
258JPM970C5 Mobile Home 05/01/07 1.180
259JPM970C5 Retail 08/01/09 2.060
260JPM970C5 Mixed Use 03/01/07 1.650
261JPM970C5 Multifamily 05/01/07 1.550
262JPM970C5 Warehouse 06/01/07 1.280
263JPM970C5 Retail 06/01/09 1.570
264JPM970C5 Multifamily 07/01/12 1.450
265JPM970C5 Warehouse 08/01/09 1.450
266JPM970C5 Warehouse 07/01/07 1.140
267JPM970C5 Retail 05/01/07 1.640
268JPM970C5 Office 01/01/07 1.810
269JPM970C5 Warehouse 07/01/07 1.440
* NOI and DSCR, if available and reportable under the
are based on information obtained from the related borrower
agreement shall be held liable for the accuracy or methodol
(1) Legend:
A. P&I Adv - in Grace Period
B. P&I Adv - < 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
DisclosureStatement Principal Note
Control # Date State Balance Rate
1 12/31/97VA 26,943,711 8.350%
2 12/31/97NY 19,140,617 8.660%
3 12/31/97MD 15,951,365 8.670%
4 WA 15,659,185 8.520%
5 12/31/97PR 14,300,352 8.690%
6 12/31/97VA 14,014,325 8.300%
7 12/31/97VA 13,987,033 8.770%
8 NJ 13,785,647 8.077%
9 CA 13,587,832 8.460%
10 12/31/97MD 13,345,540 9.060%
11 KY 13,247,759 8.600%
12 12/31/97CA 13,006,824 8.770%
13 12/31/97FL 11,835,575 8.220%
14 12/31/97CA 11,488,534 8.470%
15 12/31/97CA 10,934,228 9.070%
16 12/31/97CA 10,872,294 8.780%
17 12/31/97CA 10,646,907 9.150%
18 12/31/97CA 10,130,069 8.850%
19 12/31/97NY 9,838,918 9.000%
20 12/31/97FL 9,768,114 9.090%
21 12/31/97CA 9,311,701 8.710%
22 12/31/97NY 9,296,142 9.210%
23 NJ 9,353,479 8.440%
24 12/31/97NC 9,249,066 9.020%
25 12/31/97FL 9,172,629 8.730%
26 12/31/97NY 8,870,474 9.300%
27 12/31/97IL 8,297,913 8.550%
28 12/31/97CA 7,977,427 8.560%
29 12/15/97AZ 7,876,974 7.875%
30 CA 7,876,638 8.870%
31 12/31/97CA 7,830,147 8.350%
32 12/31/97IL 7,683,941 7.625%
33 12/31/97NM 7,687,192 8.500%
34 12/31/97AZ 7,610,840 8.700%
35 12/31/97IL 7,481,760 9.720%
36 12/31/97OK 7,425,127 8.620%
37 12/31/97CA 7,169,302 8.360%
38 12/31/97WI 7,133,046 8.770%
39 12/31/97NY 7,060,650 8.960%
40 12/31/97CA 7,047,487 8.700%
41 12/31/97OK 6,932,467 8.450%
42 12/31/97MA 6,392,761 8.850%
43 12/31/97TX 6,318,323 8.010%
44 12/31/97AZ 6,202,679 8.430%
45 12/31/97WA 6,146,857 7.870%
46 12/31/97CA 6,045,269 9.150%
47 12/31/97TX 6,002,678 9.060%
48 12/31/97FL 5,824,730 8.650%
49 12/31/97TX 5,679,723 8.230%
50 03/31/98NY 5,625,004 8.980%
51 12/31/97WI 5,534,856 8.770%
52 NJ 5,501,600 9.800%
53 VT 5,479,800 8.280%
54 12/31/97NV 5,454,465 8.850%
55 12/31/97TX 5,388,757 8.660%
56 12/31/97TX 5,142,511 8.500%
57 12/31/97KS 4,937,051 8.770%
58 12/31/97WA 4,857,504 9.070%
59 12/31/97OH 4,856,108 8.820%
60 CA 4,719,175 8.690%
61 12/15/97NE 4,806,082 7.750%
62 12/31/97GA 4,585,446 9.375%
63 12/31/97IN 4,518,256 8.000%
64 12/31/97IN 4,533,749 8.870%
65 12/31/97TX 4,529,940 9.188%
66 12/31/97CA 4,422,239 8.440%
67 06/30/98CA 4,392,071 8.500%
68 12/31/97FL 4,133,984 8.750%
69 MI 4,120,100 8.700%
70 12/31/97CA 4,026,136 8.610%
71 12/31/97WI 3,983,120 8.770%
72 12/31/97NJ 3,920,859 9.640%
73 12/31/97FL 0 0.000%
74 12/31/97VA 3,771,694 9.075%
75 12/31/97MN 3,733,370 8.850%
76 PA 3,678,322 8.670%
77 12/31/97FL 3,674,695 9.270%
78 12/31/97CA 3,667,297 8.525%
79 12/31/97KS 3,647,573 9.360%
80 12/31/97VA 3,551,069 8.980%
81 NJ 3,555,818 9.410%
82 12/31/97CA 3,543,323 8.310%
83 12/31/97FL 3,542,175 9.970%
84 12/31/97FL 3,484,297 9.010%
85 12/31/97GA 3,474,628 8.350%
86 02/28/98MO 3,476,163 9.320%
87 MA 3,452,878 8.350%
88 12/31/97OR 3,468,900 8.860%
89 12/31/97AZ 3,452,447 8.780%
90 12/31/97NV 3,452,581 9.250%
91 12/31/97KS 3,347,294 8.770%
92 12/31/97NE 3,306,901 8.110%
93 12/31/97TX 3,282,243 8.660%
94 12/31/97FL 3,267,526 8.940%
95 AZ 3,261,042 8.470%
96 12/31/97FL 3,251,189 9.130%
97 12/31/97CO 3,229,299 8.990%
98 MD 3,155,928 8.430%
99 12/31/97CA 3,177,862 8.150%
100 12/31/97AZ 3,161,695 8.990%
101 12/31/97GA 3,154,119 8.670%
102 12/31/97WI 3,156,453 8.770%
103 NJ 3,155,467 8.630%
104 12/31/97TX 3,168,436 8.680%
105 12/31/97GA 3,118,284 8.940%
106 12/31/97MN 3,120,530 9.350%
107 12/31/97MD 3,078,244 8.430%
108 12/31/97AZ 3,058,569 9.400%
109 12/31/97CA 3,050,936 9.110%
110 12/31/97FL 3,022,150 8.810%
111 12/31/97NV 3,029,796 8.560%
112 12/31/97TX 2,971,917 9.000%
113 NJ 2,964,474 8.630%
114 12/31/97FL 2,928,738 8.370%
115 12/31/97NC 2,936,453 8.700%
116 CA 2,944,259 8.240%
117 12/31/97CO 2,928,141 9.125%
118 12/31/97VA 2,926,558 8.460%
119 TX 2,906,690 8.750%
120 12/31/97FL 2,886,457 9.220%
121 12/31/97CA 2,866,759 9.350%
122 12/31/97NC 2,874,496 8.550%
123 KS 2,836,106 8.350%
124 12/31/97OH 2,812,502 8.980%
125 12/31/97CA 2,775,252 8.525%
126 12/31/97NM 2,735,998 9.850%
127 12/31/97GA 2,738,197 8.100%
128 12/31/97NH 2,702,801 9.660%
129 12/31/97OH 2,716,146 9.250%
130 12/31/97NE 2,615,907 8.110%
131 GA 2,615,246 9.000%
132 12/31/97FL 2,591,032 9.770%
133 12/31/97MN 2,596,737 8.700%
134 12/31/97NY 2,582,437 9.340%
135 12/31/97CO 2,538,737 9.040%
136 12/31/97TX 2,545,452 8.500%
137 12/31/97WI 2,520,336 8.770%
138 12/31/97NY 2,404,042 8.810%
139 12/31/97PA 2,492,815 10.190%
140 12/31/97TX 2,464,680 8.990%
141 12/31/97WI 2,472,551 8.770%
142 12/31/97TX 2,454,724 8.260%
143 12/31/97NV 2,427,720 8.950%
144 12/31/97PA 2,428,900 9.800%
145 12/31/97CT 2,442,419 9.020%
146 12/31/97MD 2,421,173 8.670%
147 12/31/97NJ 2,392,210 8.810%
148 12/31/97OR 2,368,502 8.720%
149 MD 2,372,306 8.600%
150 CA 2,367,911 8.880%
151 12/31/97AL 2,366,919 8.690%
152 CA 2,368,213 9.390%
153 12/31/97TX 2,366,093 8.990%
154 12/31/97VA 2,325,580 9.750%
155 VT 2,318,478 8.860%
156 12/31/97NM 2,266,633 8.800%
157 12/31/97AZ 2,245,410 8.980%
158 12/31/97TN 2,258,473 9.030%
159 12/31/97MD 2,250,785 8.300%
160 12/31/97MD 2,209,900 8.375%
161 12/31/97NY 2,108,465 9.860%
162 12/31/97MD 2,120,254 9.120%
163 12/31/97FL 2,081,502 8.620%
164 12/31/97MO 2,095,260 9.110%
165 CA 2,071,922 8.880%
166 FL 2,071,832 8.860%
167 12/31/97GA 2,071,778 9.300%
168 12/31/97NC 2,019,454 9.490%
169 12/31/97IN 2,025,834 8.780%
170 12/31/97TX 2,002,535 8.740%
171 12/31/97CA 2,016,607 8.930%
172 TN 1,986,988 8.840%
173 12/31/97VA 1,982,091 8.460%
174 AZ 1,973,897 9.030%
175 NY 1,973,643 8.970%
176 12/31/97MO 1,977,598 8.670%
177 12/31/97CA 1,954,202 8.200%
178 12/31/97NY 1,934,346 8.650%
179 12/31/97KS 1,905,690 9.250%
180 PA 1,886,248 8.690%
181 12/31/97TX 1,874,944 8.480%
182 12/31/97NE 1,873,157 8.990%
183 12/31/97MN 1,857,941 9.250%
184 TX 1,871,483 9.440%
185 12/31/97CT 1,827,744 8.770%
186 12/31/97AZ 1,824,322 9.100%
187 12/31/97OH 1,818,891 8.730%
188 12/31/97TX 1,812,817 8.700%
189 12/31/97TX 1,810,428 9.260%
190 12/31/97IA 1,794,287 8.990%
191 12/31/97SC 1,764,112 9.290%
192 12/31/97WI 1,775,505 8.770%
193 12/31/97CA 1,772,552 8.940%
194 12/31/97CA 1,763,226 8.930%
195 12/31/97CO 1,750,102 9.300%
196 12/31/97NJ 1,724,755 9.110%
197 12/31/97VA 1,712,747 9.870%
198 12/31/97GA 1,705,615 8.550%
199 TN 1,679,339 9.470%
200 TX 1,674,671 8.200%
201 PA 1,666,418 8.810%
202 12/31/97NY 1,666,365 8.800%
203 12/31/97TX 1,650,430 8.700%
204 PA 1,638,749 9.190%
205 12/31/97FL 1,594,834 9.950%
206 12/31/97IN 1,580,634 8.180%
207 12/31/97TX 1,578,900 8.480%
208 FL 1,577,720 9.080%
209 12/31/97IL 1,575,199 9.240%
210 12/31/97MD 1,573,180 8.750%
211 12/31/97UT 1,568,094 8.750%
212 12/31/97IN 1,541,606 8.180%
213 12/31/97NJ 1,555,796 9.450%
214 12/31/97FL 1,528,916 8.850%
215 12/31/97TX 1,513,069 9.050%
216 12/31/97NY 1,485,567 9.370%
217 12/31/97LA 1,478,808 8.990%
218 AZ 1,475,838 9.000%
219 12/31/97SC 1,470,920 8.580%
220 NJ 1,471,109 8.970%
221 PA 1,469,804 8.690%
222 12/31/97TN 1,427,883 9.340%
223 12/31/97OK 1,424,939 8.830%
224 12/31/97CA 1,420,647 9.300%
225 12/31/97TX 1,407,492 9.000%
226 12/31/97OK 1,381,330 8.410%
227 12/31/97FL 1,380,734 8.700%
228 12/31/97SC 1,380,221 8.990%
229 12/31/97OK 1,380,221 8.990%
230 12/31/97TX 1,368,739 10.040%
231 12/31/97NY 1,339,071 9.330%
232 12/31/97CA 1,360,772 9.500%
233 CA 1,331,002 8.560%
234 12/31/97KS 1,330,927 8.990%
235 12/31/97NV 1,330,319 9.220%
236 12/31/97FL 1,306,175 8.500%
237 12/31/97MD 1,291,503 8.430%
238 12/31/97TX 1,263,319 8.875%
239 12/31/97NJ 1,263,067 9.260%
240 12/31/97NM 1,256,253 9.250%
241 12/31/97VA 1,216,119 8.980%
242 12/31/97CA 1,206,347 8.980%
243 12/31/97NY 1,203,229 9.160%
244 12/31/97NC 1,190,556 9.100%
245 12/31/97AR 1,183,047 8.990%
246 12/31/97MS 1,183,047 8.990%
247 12/31/97AZ 1,181,985 8.610%
248 12/31/97NJ 1,183,841 9.710%
249 FL 1,153,056 8.920%
250 12/31/97PA 1,172,127 9.010%
251 12/31/97TX 1,144,990 9.480%
252 IN 1,151,326 8.180%
253 12/31/97CO 1,142,684 9.390%
254 12/31/97UT 1,078,498 9.550%
255 12/31/97CA 1,084,608 9.050%
256 12/31/97VA 1,053,090 9.630%
257 12/31/97VA 1,025,881 9.810%
258 12/31/97MI 1,024,017 9.200%
259 12/31/97CA 1,019,734 9.510%
260 12/31/97TX 1,008,138 9.250%
261 12/31/97CO 980,698 9.390%
262 12/31/97NY 907,736 9.350%
263 12/31/97TX 883,337 9.290%
264 12/31/97TN 817,776 9.290%
265 12/31/97NV 784,199 9.250%
266 12/31/97MD 783,595 9.580%
267 12/31/97CA 783,923 9.500%
268 12/31/97PA 775,430 9.390%
269 12/31/97VA 489,747 9.580%
1,016,704,625
* NOI and DSCR, if available and reportable under the
are based on information obtained from the related borrower
agreement shall be held liable for the accuracy or methodol
(1) Legend:
A. P&I Adv - in Grace Period
B. P&I Adv - < 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
Loan
DisclosureScheduled Prepayment Status
Control # P&I Prepayment Date Code (1)
1 213,204 0
2 158,556 0
3 125,740 0
4 122,121 0
5 121,065 0
6 110,007 0
7 116,773 0
8 102,740 0 B
9 110,750 0
10 111,689 0 B
11 109,211 0
12 108,702 0
13 89,899 0
14 88,947 0
15 93,683 0
16 86,773 0
17 92,170 0
18 85,382 0 A
19 83,920 0
20 86,530 0
21 100,625 0 B
22 86,761 0
23 76,113 0
24 79,013 0
25 76,333 0
26 77,385 0
27 64,887 0
28 65,551 0
29 62,611 0
30 66,425 0
31 63,612 0
32 59,771 0
33 63,210 0
34 63,453 0
35 69,005 0
36 58,308 0
37 73,241 0
38 56,879 0
39 60,033 0
40 58,950 0
41 53,576 0
42 53,882 0
43 47,006 0
44 50,432 0
45 44,933 0 A
46 49,742 0
47 51,442 0
48 48,922 0
49 43,117 0
50 47,756 0
51 44,135 0
52 51,153 0
53 44,266 0
54 43,662 0
55 44,882 0
56 40,176 0
57 41,175 0
58 45,212 0
59 38,794 0
60 48,800 1
61 37,766 0
62 38,676 0
63 36,275 0 B
64 38,194 0
65 39,621 0
66 36,230 0
67 36,034 0
68 34,530 0
69 34,387 0
70 33,217 0
71 31,762 0
72 35,117 0 B
73 0 0 5/27/98 5
74 32,296 0
75 31,500 0
76 30,627 0
77 31,952 0 B
78 28,515 0
79 30,527 0
80 32,793 0
81 31,228 0
82 28,529 0
83 33,304 0
84 32,413 0 B
85 28,228 0
86 30,315 0
87 27,830 0
88 27,810 0
89 28,846 0
90 29,973 0 A
91 26,656 0
92 26,100 0
93 27,337 0
94 27,767 0 A
95 25,950 0
96 27,988 0
97 27,637 0
98 28,060 0
99 24,577 0
100 27,059 0
101 26,794 0
102 26,352 0
103 26,048 0 B
104 25,015 0
105 28,668 0
106 27,410 0
107 27,370 0
108 29,157 0
109 26,249 0
110 27,736 0 B
111 25,392 0
112 25,428 0
113 24,420 0
114 25,788 0
115 24,562 0
116 22,404 0
117 25,433 0
118 22,622 0
119 24,253 0
120 25,202 0
121 25,035 0
122 22,401 0
123 24,892 0 A
124 23,878 0
125 21,579 0
126 26,743 0
127 21,797 0
128 24,245 0
129 27,279 0 B
130 20,647 0
131 22,239 0
132 25,313 0
133 21,697 0
134 22,643 0
135 23,460 0
136 19,761 0
137 20,097 0
138 29,311 0
139 24,930 0
140 20,963 0
141 19,703 0
142 19,728 0
143 22,413 0
144 23,700 0 B
145 20,930 0
146 20,010 0
147 20,036 0
148 21,604 0
149 19,088 0
150 19,944 0
151 19,634 0
152 20,786 0
153 20,124 0
154 22,764 0
155 19,496 0
156 21,024 0
157 20,664 0
158 19,349 0
159 18,211 0
160 18,352 0
161 23,453 0
162 18,220 0 B
163 18,822 0
164 17,267 0
165 17,451 0
166 17,422 0 B
167 18,057 0 B
168 22,348 0
169 17,399 0
170 18,191 0
171 17,105 0
172 16,648 0
173 15,322 0
174 16,825 0
175 16,743 0
176 15,620 0
177 15,702 0
178 16,063 0
179 16,528 0
180 15,748 0 B
181 15,274 0
182 15,932 0
183 17,475 0 A
184 16,521 0
185 16,638 0
186 15,652 0
187 15,185 0 6
188 15,147 0
189 15,684 0
190 15,261 0
191 16,532 0
192 14,823 0
193 15,032 0
194 15,019 0
195 16,544 0
196 14,810 0
197 16,737 0
198 13,989 0
199 14,817 0
200 13,347 0
201 14,046 0 B
202 14,034 0
203 13,251 0
204 14,275 0
205 15,868 0 6
206 13,732 0
207 12,862 0
208 13,515 0
209 13,691 0
210 13,154 0
211 13,154 0
212 13,393 0
213 13,706 0
214 14,019 0
215 12,892 0
216 14,086 0
217 12,578 0
218 12,588 0
219 12,159 0
220 12,557 0
221 12,271 0 B
222 12,508 0 B
223 12,017 0
224 12,382 0
225 12,042 0
226 11,188 0
227 11,462 0 6
228 11,739 0
229 11,739 0
230 13,547 0
231 14,476 0
232 12,057 0
233 10,925 0
234 11,320 0
235 11,533 0
236 10,669 0
237 11,483 0
238 10,798 0
239 10,498 0
240 10,927 0
241 11,231 0
242 10,305 0
243 10,372 0
244 9,742 0
245 10,062 0
246 10,062 0
247 9,752 0
248 10,660 0
249 12,114 0 B
250 10,462 0 A
251 12,516 0
252 10,003 0
253 10,831 0
254 10,402 0
255 9,269 0
256 10,112 0
257 10,001 0
258 9,583 0
259 9,017 0 A
260 8,778 0
261 9,296 0
262 7,942 0
263 8,303 0 A
264 8,769 0
265 7,327 0
266 7,499 0
267 6,946 0
268 7,400 0
269 4,687 0
1
* NOI and DSCR, if available and reportable u
* nder the
are based on information obtained from the related
borrower
agreement shall be held liable for the accuracy or
methodol
(1) Legend:
A. P&I Adv - in Grace Period
B. P&I Adv - < 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
Specially Serviced Loan Detail
Beginning
DisclosureScheduled Interest Maturity
Control # Balance Rate Date
0000000000 1,382,175.32 0.087 39264
0000000000 1,597,456.36 0.0995 38991
0000000000 1,820,828.52 0.0873 39173
Specially
DisclosureProperty Serviced
Control # Type Status Code Comments
Multifamily 0 0
Lodging 0 0
0Multifamily 0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 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
Modified Loan Detail
DisclosureModification 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
0 0 0
0 0 0
0 0 0
0 0 0
12/15/97 - 0 0
Realized Loss Detail
Beginning
Dist. Disclosure Appraisal Appraisal Scheduled
Date Control # Date Value Balance
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
0 0 0 0.00 0.00
Current To 0 0 0.00 0.00
Cumulative 0 0 0.00 0.00
Gross ProceedAggregate
Dist. Disclosure Gross as a % of Liquidatio
Date Control # Proceeds Sched PrincipExpenses *
0 0 0.00 0.00
0 0 0.00 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
Current To 0 0.00 0 0.00
Cumulative 0 0.00 0 0.00
Net Net Proceeds
Dist. Disclosure Liquidation as a % of Realized
Date Control # Proceeds Sched. BalancLoss
0 0
0 0
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
0 0 0.00 0 0.00
Current To 0 0.00 0 0.00
Cumulative 0 0.00 0 0.00
* Aggregate liquidation expenses also include
* outstan
P&I advances and unpaid servicing fees, unpaid trustee
fees