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Previous: MORGAN J P COMM MORT FN COR COM MT PS THRU CERT SER 1997-C4, 8-K, 1998-07-15 |
Next: MORGAN J P COMM MORT FN COR COM MT PS THRU CERT SER 1997-C4, 8-K, 1998-07-15 |
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
and Exchange Act of 1934
Date of Report: 10/25/97
(Date of earliest event reported)
JP Morgan Commercial Mortgage Finance Corp.
Commercial Mortgage Pass-Through Series 1997-C4
(Exact name of registrant as specified in governing instruments)
New York
(State or other Jurisdiction of Incorporation)
c/o State Street Bank and Trust Company
Corporate Trust Department
Two International Place, 5th Floor
Boston, MA 02110
(Address of Principal Executive Offices) (Zip Code)
(202) 664-5500
(Registrant's telephone number, including area code)
Commission File Number 333-16397
04-3342274(I.R.S. Employer Identification No.)
Not Applicable
(Former name, former address and former fiscal year if changed
since last report)
<PAGE>
JP Morgan Commercial Mortgage Finance Corp.
Commercial Mortgage Pass-Through Series 1997-C4
FORM 8-K
INDEX
ITEM DESCRIPTION PAGE NUMBER
Item 5. Other Event 3
Item 7. Financial Statements and
Exhibits 3
Signatures 3
Exhibit A Trustee's Report to
Bondholders 4
<PAGE>
JP Morgan Commercial Mortgage Finance Corp.
Commercial Mortgage Pass-Through Series 1997-C4
FORM 8-K
ITEMS AND SIGNATURES
ITEMS
Item 5. Other Events
See Exhibit A, the Trustee's Report to Bondholders attached hereto.
Item 7. Financial Statements and Exhibits
See Exhibit A, the Trustee's Report to Bondholders attached hereto.
SIGNATURES
Pursuant to the requirement of the Securities Exchange
Act of 1934, the registrar has duly caused this report to
be signed on its behalf by the
undersigned hereunto duly authorized.
JP Morgan Commercial Mortgage Finance Corp.
Commercial Mortgage Pass-Through Series 1997-C4
(Registrant)
Date: 10/25/97
By:
Name David Shepherd
Title: Assistant Secretary
State Street Bank and Trust Company
as Trustee
J.P. Morgan Commercial Mortgage Finance Corp.
Commercial Mortgage Pass-Through Certificates
Series 1997-C4
B224
Report to Certificateholders Payment Date: October 25, 1997
Payment Summary
<TABLE>
Pass-Through Interest Original Beginning Principal
Class CUSIP Rate Type Balance Balance Distribution
<S> <C> <C> <C> <C> <C> <C>
A1 617059BX7 0.069390 Fixed 40,000,000.00 37,021,483.23 425,895.59
A2 617059BY5 0.073230 Fixed 100,124,000.00 100,124,000.00 0.00
A3 617059BZ2 0.075350 Fixed 138,659,000.00 138,659,000.00 0.00
B 617059CA6 0.075086 Variable 24,419,000.00 24,419,000.00 0.00
C 617059CB4 0.076066 Variable 22,384,000.00 22,384,000.00 0.00
D 617059CC2 0.076646 Variable 20,349,000.00 20,349,000.00 0.00
E 617059CD0 0.080076 Variable 6,104,000.00 6,104,000.00 0.00
X* 617059CE8 0.013728 Variable 406,985,353.00 404,006,836.23 0.00
F 617059CF5 0.073800 Fixed 26,454,000.00 26,454,000.00 0.00
G 617059CG3 0.073800 Fixed 16,279,000.00 16,279,000.00 0.00
NR 617059CH1 0.073800 Fixed 12,213,353.00 12,213,353.00 0.00
R-I N/A N/A N/A 0.00 0.00 0.00
R-II N/A N/A N/A 0.00 0.00 0.00
R-III N/A N/A N/A 0.00 0.00 0.00
Totals: 406,985,353.00 404,006,836.23 425,895.59
* Based on a Notional Balance
</TABLE>
Interest Total Ending
Distribution Payable Balance
214,076.73 639,972.32 36,595,587.64
611,006.71 611,006.71 100,124,000.00
870,662.97 870,662.97 138,659,000.00
152,793.75 152,793.75 24,419,000.00
141,888.45 141,888.45 22,384,000.00
129,972.45 129,972.45 20,349,000.00
40,731.99 40,731.99 6,104,000.00
462,190.59 462,190.59 403,580,940.64
162,692.10 162,692.10 26,454,000.00
100,115.85 100,115.85 16,279,000.00
75,112.12 75,112.12 12,213,353.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
2,961,243.71 3,387,139.30 403,580,940.64
Distributions per Certificate
Beginning Principal Interest Ending
Class Certif Fac Distribution Distribution Cert Factr
A1 0.925537 10.647390 5.351918 0.914890
A2 1.000000 0.000000 6.102500 1.000000
A3 1.000000 0.000000 6.279167 1.000000
B 1.000000 0.000000 6.257167 1.000000
C 1.000000 0.000000 6.338834 1.000000
D 1.000000 0.000000 6.387166 1.000000
E 1.000000 0.000000 6.673000 1.000000
X* 0.992682 0.000000 1.135644 0.991635
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
Payment Details
Principal Detail
<TABLE>
Beginning Principal Principal Realized Collat. Value Total Principal Ending
Class Balance Payments Adjustments Losses Adj Distrib. Amount Balance
<S> <C> <C> <C> <C> <C> <C> <C>
A1 37,021,483.23 425,895.59 0.00 0.00 0.00 425,895.59 36,595,587.64
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* 404,006,836.23 0.00 0.00 0.00 0.00 0.00 403,580,940.64
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: 404,006,836.23 425,895.59 0.00 0.00 0.00 425,895.59 403,580,940.64
</TABLE>
Interest Detail
<TABLE>
Accrued Current Unpaid Prior Accr Unpd Prepay Int Additional Prepayment Total Interest
Class Certificate Int Distrb Cert Int Distrb Int Shortfalls Adjustments Premiums Distribution Amount
<S> <C> <C> <C> <C> <C> <C> <C>
A1 214,076.73 0.00 0.00 0.00 0.00 0.00 214,076.73
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 152,793.75 0.00 0.00 0.00 0.00 0.00 152,793.75
C 141,888.45 0.00 0.00 0.00 0.00 0.00 141,888.45
D 129,972.45 0.00 0.00 0.00 0.00 0.00 129,972.45
E 40,731.99 0.00 0.00 0.00 0.00 0.00 40,731.99
X* 462,190.59 0.00 0.00 0.00 0.00 0.00 462,190.59
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: 2,961,243.71 0.00 0.00 0.00 0.00 0.00 2,961,243.71
</TABLE>
Loan, Delinquency, and Specially Serviced Statistics
Summary of Loan Group Activity for related Payment Date
One Month Two Months Three + Months Specially Svc Foreclosures
# of Loans 0 0 0 0 0
Principal Balance 0.00 0.00 0.00 0.00 0.00
Other Information
Principal Prepayment Int Prepayment Int # of Outstanding
Prepayments Excess Shortfall Mortgage Loans
0.00 0.00 0.00 127
Advances, Expenses, Fees
Current Cum Outstanding
Principal Advances 36,917.71 36,917.71
Interest Advances 253,163.63 253,163.63
Total Advances 290,081.34 290,081.34
Servicing Advances 0.00 0.00
Current Interest on Advances 0.00
Cumulative Interest on Advances 0.00
Primary Servicing Fee 21,596.77
Master Servicing Fee 8,237.70
Special Servicing Fee 0.00
Next Month's
Scheduled Pass-Thru Rates
Class B 0.075268
Class C 0.076248
Class D 0.076828
Class E 0.080258
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