J.P. Morgan Commercial Mortgage Finance Corp.
Commercial Mortgage Pass-Through Certificates
Series 1997-C4
B224
Report to Certificateholders Payment Date: 04/25/98
Payment Summary
<TABLE>
Pass-Through Interest Original Beginning Principal Interest Total Ending
Class CUSIP Rate Type Balance Balance Distribution Distribution Payable Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A1 617059BX7 0.069390 Fixed 40,000,000.00 34,424,559.55 439,123.94 199,060.02 638,183.96 33,985,435.61
A2 617059BY5 0.073230 Fixed 100,124,000.00 100,124,000.00 0.00 611,006.71 611,006.71 100,124,000.00
A3 617059BZ2 0.075350 Fixed 138,659,000.00 138,659,000.00 0.00 870,662.97 870,662.97 138,659,000.00
B 617059CA6 0.075267 Variable 24,419,000.00 24,419,000.00 0.00 153,162.07 153,162.07 24,419,000.00
C 617059CB4 0.076247 Variable 22,384,000.00 22,384,000.00 0.00 142,226.07 142,226.07 22,384,000.00
D 617059CC2 0.076827 Variable 20,349,000.00 20,349,000.00 0.00 130,279.39 130,279.39 20,349,000.00
E 617059CD0 0.080257 Variable 6,104,000.00 6,104,000.00 0.00 40,824.06 40,824.06 6,104,000.00
X* 617059CE8 0.013844 Variable 406,985,353.00 401,409,912.55 0.00 463,105.89 463,105.89 400,970,788.61
F 617059CF5 0.073800 Fixed 26,454,000.00 26,454,000.00 0.00 162,692.10 162,692.10 26,454,000.00
G 617059CG3 0.073800 Fixed 16,279,000.00 16,279,000.00 0.00 100,115.85 100,115.85 16,279,000.00
NR 617059CH1 0.073800 Fixed 12,213,353.00 12,213,353.00 0.00 75,112.12 75,112.12 12,213,353.00
R-I N/A N/A N/A 0.00 0.00 0.00 0.00 0.00 0.00
R-II N/A N/A N/A 0.00 0.00 0.00 0.00 0.00 0.00
R-III N/A N/A N/A 0.00 0.00 0.00 0.00 0.00 0.00
Totals: 406,985,353.00 401,409,912.55 439,123.94 2,948,247.25 3,387,371.19 400,970,788.61
* Based on a Notional Balance
</TABLE>
Distributions per Certificate
<TABLE>
Beginning Prin Int Ending
Class Cert Fact Distrib(1) Distrib Cert Factor
<S> <C> <C> <C> <C>
A1 0.860614 10.978099 4.976501 0.849636
A2 1.000000 0.000000 6.102500 1.000000
A3 1.000000 0.000000 6.279167 1.000000
B 1.000000 0.000000 6.272250 1.000000
C 1.000000 0.000000 6.353917 1.000000
D 1.000000 0.000000 6.402250 1.000000
E 1.000000 0.000000 6.688083 1.000000
X* 0.986301 0.000000 1.137893 0.985222
F 1.000000 0.000000 6.150000 1.000000
G 1.000000 0.000000 6.150000 1.000000
NR 1.000000 0.000000 6.150000 1.000000
R-I 0.000000 0.000000 0.000000 0.000000
R-II 0.000000 0.000000 0.000000 0.000000
R-III 0.000000 0.000000 0.000000 0.000000
represents net payment per certificate
</TABLE>
Principal Detail
<TABLE>
Total
Beginning Principal Principal Realized Collat. Principal Ending
Class Balance Payments Adjustments Losses Adj Distrib. Balance
<S> <C> <C> <C> <C> <C> <C> <C>
A1 34,424,559.55 439,123.94 0.00 0.00 0.00 439,123.94 33,985,435.61
A2 100,124,000.00 0.00 0.00 0.00 0.00 0.00 100,124,000.00
A3 138,659,000.00 0.00 0.00 0.00 0.00 0.00 138,659,000.00
B 24,419,000.00 0.00 0.00 0.00 0.00 0.00 24,419,000.00
C 22,384,000.00 0.00 0.00 0.00 0.00 0.00 22,384,000.00
D 20,349,000.00 0.00 0.00 0.00 0.00 0.00 20,349,000.00
E 6,104,000.00 0.00 0.00 0.00 0.00 0.00 6,104,000.00
X* 401,409,912.55 0.00 0.00 0.00 0.00 0.00 400,970,788.61
F 26,454,000.00 0.00 0.00 0.00 0.00 0.00 26,454,000.00
G 16,279,000.00 0.00 0.00 0.00 0.00 0.00 16,279,000.00
NR 12,213,353.00 0.00 0.00 0.00 0.00 0.00 12,213,353.00
R-I 0.00 0.00 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Totals: 401,409,912.55 439,123.94 0.00 0.00 0.00 439,123.94 400,970,788.61
</TABLE>
Interest Detail
<TABLE>
Accrued Cur Unpaid Prior Accr Unpd Prepay Int Additional Prepayment Total Interest
Class Cert Int Distrb Int Dstrb Int Shortfalls Adjustments Premiums Distribution Amount
<S> <C> <C> <C> <C> <C> <C> <C>
A1 199,060.02 0.00 0.00 0.00 0.00 0.00 199,060.02
A2 611,006.71 0.00 0.00 0.00 0.00 0.00 611,006.71
A3 870,662.97 0.00 0.00 0.00 0.00 0.00 870,662.97
B 153,162.07 0.00 0.00 0.00 0.00 0.00 153,162.07
C 142,226.07 0.00 0.00 0.00 0.00 0.00 142,226.07
D 130,279.39 0.00 0.00 0.00 0.00 0.00 130,279.39
E 40,824.06 0.00 0.00 0.00 0.00 0.00 40,824.06
X* 463,105.89 0.00 0.00 0.00 0.00 0.00 463,105.89
F 162,692.10 0.00 0.00 0.00 0.00 0.00 162,692.10
G 100,115.85 0.00 0.00 0.00 0.00 0.00 100,115.85
NR 75,112.12 0.00 0.00 0.00 0.00 0.00 75,112.12
R-I 0.00 0.00 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Totals: 2,948,247.25 0.00 0.00 0.00 0.00 0.00 2,948,247.25
</TABLE>
<PAGE>
Loan, Delinquency, and Specially Serviced Statistics
Summary of Loan Group Activity for related Payment Date
Spec
1 Month 2 Months 3+ Months Serviced Foreclosures
# of Loans 0 0 0 0 0
Principal Balance 0.00 0.00 0.00 0.00 0.00
Other Information
Prepayment Prepayment Number of
Principal Interst Interest Outstanding
Prepayments Excess Shortfall Mortgage Loans
0.00 0.00 0.00 127.00
Advances, Expenses, Fees
Cumulative
Current Outstanding
Principal Advances 15,431.93 15,431.93
Interest Advances 94,542.63 94,542.63
Total Advances 109,974.56 109,974.56
Next Month's
Scheduled Pass-Thru Rates
Class B 0.075083
Class C 0.076063
Class D 0.076643
Class E 0.080073
Servicing Advances 0.00 0.00
Current Interest on Advances 0.00
Cumulative Interest on Advances 0.00
Primary Servicing Fee 20,690.59
Master Servicing Fee 8,946.64
Special Servicing Fee 0.00
