COMMERCIAL MORTGAGE PASS THROUGH CERTIFICATES SERIES 1999 C2
8-K, 1999-06-30
ASSET-BACKED SECURITIES
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                       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 :  June 17, 1999

(Date of earliest event reported)

Commission File No.:   333-62671

First Union National Bank-Chase Manhattan Bank
Commercial Mortgage Trust
Commercial Mortgage Pass-Through Certificates
Series 1999-C2
(Exact name of registrant as specified in its charter)


New York (governing law of Pooling and Servicing Agreement)
(State of Incorporation)


Pending

(I.R.S. Employer Identification No.)

c/o Norwest Bank Minnesota, N.A.
11000 Broken Land Parkway
Columbia, Maryland                                                   21044
(Address of principal executive offices)                         (Zip Code)


(410) 884-2000
Registrant's Full Telephone Number

(Former name, former address and former fiscal year,
               if changed since last report)


ITEM 5.  Other Events

On June 17, 1999 a distribution was made to holders of First Union National Bank
- -Chase Manhattan BankCommercial Mortgage Trust, Commercial Mortgage Pass-Through
Certificates Series 1999-C2


ITEM 7.  Financial Statements and Exhibits

(c)  Exhibits

Item 601(a) of
Regulation S-K
Exhibit Number                       Description

(EX-99.1)      Monthly report distributed to holders of Commercial Mortgage
               Pass-Through Certificates, Series 1999-C2, relating to the
               June 17, 1999 distribution


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.

First Union National Bank-Chase Manhattan Bank
Commercial Mortgage Trust
Series 1999-C2


June 29, 1999   by Norwest Bank Minnesota, N.A., as Trustee
                   /s/ Sherri J. Sharps, Vice President


                                 INDEX TO EXHIBITS



Exhibit Number                       Description

(EX-99.1)      Monthly report distributed to holders of First Union National
               Bank - Chase Manhattan Bank
               Commercial Mortgage Trust, Series 1999-C2, relating
               to the June 17, 1999 distribution






Norwest Bank Minnesota, N. A.
Corporate Trust Services           First Union National Bank-
Commercial Mortgage Trust          Chase Manhattan Bank
                                   Commercial Mortgage Trust
3 New York Plaza, 15th Floor       Commercial Mortgage Pass-Through Certificates
New York, NY 10004                 Series 1999-C2


For Additional Information, please contact
Leslie Gaskill
(212)515-5254

Reports Available on the World Wide Web
@ www.securitieslink.net/cmbs

Payment Date: 06/17/99
Record Date:  05/28/99







                            DISTRIBTION DATE STATEMENT

                                  Table of Contents
STATEMENT SECTIONS                                               PAGE(s)

Certificate Distribution Detail                                     2
Certificate Factor Detail                                           3
Reconciliation Detail                                               4
Other Required Information                                          5
Ratings Detail                                                      6
Current Mortgage Loan and Property Stratification Tables          7-9
Mortgage Loan Detail                                            10-16
Principal Prepayment Detail                                        17
Historical Detail                                                  18
Delinquency Loan Detail                                            19
Specially Serviced Loan Detail                                  20-21
Modified Loan Detail                                               22
Liquidated Loan Detail                                             23

This  report has been  compiled  from  information  provided  to Norwest by
various third parties, which may include the Servicer, Master Servicer,  Special
Servicer and others.  Norwest has not  independently  confirmed  the accuracy of
information  received  from these  third  parties  and assumes no duty to do so.
Norwest expressly  disclaims any responsibility for the accuracy or completeness
of information furnished by third parties.



     Underwriter
First Union Capital Markets
One First Union Center
301 South College Street
Charlotte, NC  28288
Contact: Craig M. Lieberman
Phone Number: (704) 383-7407

Chase Securities
270 Park Avenue, 6th Floor
New York NY   10017
Contact: Steven Schwartz
Phone Number: (212) 834-5612

      Master Servicer
First Union National Bank
Charlotte Plaza, Floor 23 NC-1075
201 South College Street
Charlotte, NC  28288
Contact:  Timothy S. Ryan
Phone Number:  (704) 374-2217

    Special Servicer
Banc One Mortgage Capital Markets, LLC
1717 Main Street, 14th Floor
Dallas TX 75201
Contact: Paul G. Smith
Phone Number:(214) 237-2010

Copyright 1997, Norwest Bank Minnesota, N.A.


<TABLE>
<CAPTION>

                      Certificate Distribution Detail

   Class            CUSIP         Pass- Through                   Original            Beginning           Principal
                                      Rate                        Balance              Balance           Distribution

  <S>                <C>             <C>                       <C>                   <C>                <C>
       A-1           337366AA6        6.360000%                203,500,000.00        203,500,000.00     1,508,381.18
       A-2           337366AB4        6.650000%                673,747,967.00        673,747,967.00             0.00
        B            337366AD0        6.800000%                 47,260,093.00         47,260,093.00             0.00
        C            337366AE8        6.940000%                 62,028,874.00         62,028,874.00             0.00
        D            337366AF5        7.060000%                 14,768,779.00         14,768,779.00             0.00
        E            337366AG3        7.398095%                 41,352,582.00         41,352,582.00             0.00
        F            337366AH1        7.398095%                 17,722,535.00         17,722,535.00             0.00
        G            337366AJ7        5.950000%                 41,352,582.00         41,352,582.00             0.00
        H            337366AK4        5.950000%                 11,815,024.00         11,815,024.00             0.00
        J            337366AL2        5.950000%                 11,815,023.00         11,815,023.00             0.00
        K            337366AM0        5.950000%                 11,815,024.00         11,815,024.00             0.00
        L            337366AN8        5.950000%                 11,815,023.00         11,815,023.00             0.00
        M            337366AP3        5.950000%                 11,815,024.00         11,815,024.00             0.00
        N            337366AQ1        5.950000%                 20,676,291.00         20,676,291.00             0.00
       R-I              N/A           0.000000%                          0.00                  0.00             0.00
      R-II              N/A           0.000000%                          0.00                  0.00             0.00
      R-III             N/A           0.000000%                          0.00                  0.00             0.00
Totals                                                       1,181,484,821.00      1,181,484,821.00     1,508,381.18


</TABLE>
<TABLE>
<CAPTION>
Class    CUSIP             Interest        Prepayment  Realized Loss/       Total
                          Distribution      Penalties  Additional Trust   Distribution
                                                       Fund Expenses
<S>     <C>              <C>                  <C>        <C>            <C>
 A-1    337366AA6         1,078,550.00        0.00        0.00          2586931.18
 A-2    337366AB4         3,733,686.65        0.00        0.00          3733686.65
  B     337366AD0           267,807.19        0.00        0.00           267807.19
  C     337366AE8           358,733.65        0.00        0.00           358733.65
  D     337366AF5            86,889.65        0.00        0.00            86889.65
  E     337366AG3           254,941.95        0.00        0.00           254941.95
  F     337366AH1           109,260.83        0.00        0.00           109260.83
  G     337366AJ7           205,039.89        0.00        0.00           205039.89
  H     337366AK4            58,582.83        0.00        0.00            58582.83
  J     337366AL2            58,582.82        0.00        0.00            58582.82
  K     337366AM0            58,582.83        0.00        0.00            58582.83
  L     337366AN8            58,582.82        0.00        0.00            58582.82
  M     337366AP3            58,582.83        0.00        0.00            58582.83
  N     337366AQ1           102,519.94        0.00        0.00           102519.94
 R-I       N/A                    0.00        0.00        0.00                0.00
R-II       N/A                    0.00        0.00        0.00                0.00
R-III      N/A                    0.00        0.00        0.00                0.00

   Totals                 6,490,381.88        0.00        0.00        7,998,725.06


</TABLE>
<TABLE>
<CAPTION>
                                                        Current
                                                     Subordination
Class       CUSIP            Ending Balance            Level(1)
<S>       <C>                   <C>                    <C>
 A-1      337366AA6             201,991,618.82          25.78%
 A-2      337366AB4             673,747,967.00          25.78%
  B       337366AD0              47,260,093.00          21.78%
  C       337366AE8              62,028,874.00          16.52%
  D       337366AF5              14,768,779.00          15.27%
  E       337366AG3              41,352,582.00          11.77%
  F       337366AH1              17,722,535.00          10.26%
  G       337366AJ7              41,352,582.00           6.76%
  H       337366AK4              11,815,024.00           5.76%
  J       337366AL2              11,815,023.00           4.76%
  K       337366AM0              11,815,024.00           3.75%
  L       337366AN8              11,815,023.00           2.75%
  M       337366AP3              11,815,024.00           1.75%
  N       337366AQ1              20,676,291.00           0.00%
 R-I         N/A                          0.00           0.00%
R-II         N/A                          0.00           0.00%
R-III        N/A                          0.00           0.00%

Totals                        1,179,976,439.82


</TABLE>
<TABLE>
<CAPTION>




                                           Original             Beginning
                     Pass-Through          Notional             Notional
Class    CUSIP       Rate                  Amount               Amount
 <S>     <C>         <C>                  <C>                  <C>
 IO      337366AC2   0.906040%            1,181,484,821.00     1,181,484,821.00


</TABLE>
<TABLE>
<CAPTION>
                                                                              Ending
                        Interest        Prepayment        Total               Notional
Class    CUSIP        Distribution      Penalties         Distribution         Amount
 <S>     <C>           <C>                 <C>            <C>              <C>
 IO      3373366AC2     892,060.85          0.00           892,060.85       1,179,976,439.82

<FN>
(1) Calculated by taking (A) the sum of the ending  certificate  balance of
all  classes  less  (B) the sum of (i) the  ending  certificate  balance  of the
designated  class and (ii) the ending  certificate  balance of all classes which
are not  subordinate  to the  designated  class and  dividing the result by (A).
</FN>
</TABLE>
<TABLE>
<CAPTION>



                        Certificate Factor Detail

                               Beginning        Principal        Interest
 Class      CUSIP               Balance        Distribution    Distribution
 <S>      <C>                <C>                <C>            <C>

 A-1      337366AA6          1,000.00000000     7.41219253     5.30000000
 A-2      337366AB4          1,000.00000000     0.00000000     5.54166667
  B       337366AD0          1,000.00000000     0.00000000     5.66666659
  C       337366AE8          1,000.00000000     0.00000000     5.78333326
  D       337366AF5          1,000.00000000     0.00000000     5.88333335
  E       337366AG3          1,000.00000000     0.00000000     6.16507937
  F       337366AH1          1,000.00000000     0.00000000     6.16507909
  G       337366AJ7          1,000.00000000     0.00000000     4.95833344
  H       337366AK4          1,000.00000000     0.00000000     4.95833356
  J       337366AL2          1,000.00000000     0.00000000     4.95833313
  K       337366AM0          1,000.00000000     0.00000000     4.95833356
  L       337366AN8          1,000.00000000     0.00000000     4.95833313
  M       337366AP3          1,000.00000000     0.00000000     4.95833356
  N       337366AQ1          1,000.00000000     0.00000000     4.95833319
 R-I        N/A                  0.00000000     0.00000000     0.00000000
R-II        N/A                  0.00000000     0.00000000     0.00000000
R-III       N/A                  0.00000000     0.00000000     0.00000000

</TABLE>
<TABLE>
<CAPTION>
                                  Prepayment       Realized Loss/        Ending
Class      CUSIP                   Penalties      Additional Trust       Balance
                                                  Fund Expenses
 <S>      <C>                      <C>                <C>           <C>


 A-1      337366AA6                0.00000000         0.00000000      992.58780747
 A-2      337366AB4                0.00000000         0.00000000    1,000.00000000
  B       337366AD0                0.00000000         0.00000000    1,000.00000000
  C       337366AE8                0.00000000         0.00000000    1,000.00000000
  D       337366AF5                0.00000000         0.00000000    1,000.00000000
  E       337366AG3                0.00000000         0.00000000    1,000.00000000
  F       337366AH1                0.00000000         0.00000000    1,000.00000000
  G       337366AJ7                0.00000000         0.00000000    1,000.00000000
  H       337366AK4                0.00000000         0.00000000    1,000.00000000
  J       337366AL2                0.00000000         0.00000000    1,000.00000000
  K       337366AM0                0.00000000         0.00000000    1,000.00000000
  L       337366AN8                0.00000000         0.00000000    1,000.00000000
  M       337366AP3                0.00000000         0.00000000    1,000.00000000
  N       337366AQ1                0.00000000         0.00000000    1,000.00000000
 R-I         N/A                   0.00000000         0.00000000        0.00000000
R-II         N/A                   0.00000000         0.00000000        0.00000000
R-III        N/A                   0.00000000         0.00000000        0.00000000

</TABLE>
<TABLE>
<CAPTION>



                                Beginnning                                          Ending
                                Notional           Interest          Prepayment     Notional
Class          CUSIP            Amount             Distribution      Penalties      Amount
 <S>           <C>              <C>                 <C>              <C>            <C>
 IO            337366AC2        1,000.00000000      0.75503370       0.00000000     998.72331734


</TABLE>
<TABLE>
<CAPTION>



                         Reconciliation Detail

Advance Summary
<S>                                                     <C>


P & I Advances Outstanding                               144,197.63
Servicing Advances Outstanding                                 0.00

Reimbursement for Interest on Advances                         0.00
paid from general collections

Reimbursement for Interest on Servicing Advances               0.00
paid from general collections

Aggregate amount of Nonrecverable Advances                     0.00

</TABLE>
<TABLE>
<CAPTION>

Servicing Fee Breakdowns
<S>                                                      <C>

Current Period Accrued Servicing Fees                    71,140.36
Less Delinquent Servicing Fees                            1,021.23
Less Reductions to Servicing Fees                             0.00
Plus Servicing Fees for Delinquent Payments Received          0.00
Plus Adjustments for Prior Servicing Calculation              0.00
Total Servicing Fees Collected                           70,119.13


</TABLE>
<TABLE>
<CAPTION>



Certificate Interest Reconciliation

 Class              Accrued        Net Aggregate       Distributable      Distributable
                   Certificate       Prepayment          Certificate       Certificate
                    Interest         Interest            Interest           Interest
                                    Shortfall                              Adjustment
 <S>               <C>                 <C>                <C>                     <C>

   A-1             1,078,550.00         0.00               1,078,550.00           0.00
   A-2             3,733,686.65         0.00               3,733,686.65           0.00
    IO               892,060.85         0.00                 892,060.85           0.00
    B                267,807.19         0.00                 267,807.19           0.00
    C                358,733.65         0.00                 358,733.65           0.00
    D                 86,889.65         0.00                  86,889.65           0.00
    E                254,941.95         0.00                 254,941.95           0.00
    F                109,260.83         0.00                 109,260.83           0.00
    G                205,039.89         0.00                 205,039.89           0.00
    H                 58,582.83         0.00                  58,582.83           0.00
    J                 58,582.82         0.00                  58,582.82           0.00
    K                 58,582.83         0.00                  58,582.83           0.00
    L                 58,582.82         0.00                  58,582.82           0.00
    M                 58,582.83         0.00                  58,582.83           0.00
    N                102,519.94         0.00                 102,519.94           0.00

Total              7,382,404.73         0.00               7,382,404.73           0.00


</TABLE>
<TABLE>
<CAPTION>
                  Additional                                   Remaining Unpaid
                  Trust Fund           Interest                   Distributable
 Class             Expenses          Distribution          Certificate Interest
 <S>                 <C>             <C>                                  <C>
   A-1                  0.00         1,078,550.00                         0.00
   A-2                  0.00         3,733,686.65                         0.00
    IO                  0.00           892,060.85                         0.00
    B                   0.00           267,807.19                         0.00
    C                   0.00           358,733.65                         0.00
    D                   0.00            86,889.65                         0.00
    E                   0.00           254,941.95                         0.00
    F                   0.00           109,260.83                         0.00
    G                   0.00           205,039.89                         0.00
    H                   0.00            58,582.83                         0.00
    J                   0.00            58,582.82                         0.00
    K                   0.00            58,582.83                         0.00
    L                   0.00            58,582.82                         0.00
    M                   0.00            58,582.83                         0.00
    N                   0.00           102,519.94                         0.00

Total                   0.00           7,382,404.73                       0.00


</TABLE>
<TABLE>
<CAPTION>



                      Other Required Information
<S>                                                               <C>

Available Distribution Amount                                       8,890,785.91

Aggregate Number of Outstanding Loans                                        223
Aggregate Stated Principal Balance of Loans                     1,179,987,758.31
Aggregate Unpaid Principal Balance of Loans                     1,179,976,440.20


Aggregate Amount of Service Fee                                        70,119.13
Aggregate Amount of Special Servicing Fee                                   0.00
Aggregate Amount of Trustee Fee                                         2,215.28
Aggregate Trust Fund Expenses                                               0.00
Interest Reserve Deposit                                                    0.00

Specially Serviced Loans not Delinquent
        Number of Outstanding Loans                                            0
        Aggregate Unpaid Principal Balance                                  0.00

</TABLE>
<TABLE>
<CAPTION>

                     Original Subordination Level

<S>                     <C>

Class A-1               25.75%
Class A-2               25.75%
Class B                 21.75%
Class C                 16.50%
Class D                 15.25%
Class E                 11.75%
Class F                 10.25%
Class G                  6.75%
Class H                  5.75%
Class J                  4.75%
Class K                  3.75%
Class L                  2.75%
Class M                  1.75%
Class N                  0.00%

</TABLE>
<TABLE>
<CAPTION>

Appraisal Reduction Amount


                              Appraisal               Date Appraisal
Loan                          Reduction               Reduction
Number                        Effected                Effected
<S>                              <C>                      <C>

                                None

Total

</TABLE>
<TABLE>
<CAPTION>



                           Ratings Detail

                                             Original Ratings
   Class               Cusip            DCR     Fitch    Moody's    S&P
   <S>                 <C>              <C>      <C>      <C>       <C>
       A-1             337366AA6         X       AAA       Aaa        X
       A-2             337366AB4         X       AAA       Aaa        X
        IO             337366AC2         X       AAA       Aaa        X
        B              337366AD0         X        AA       Aa2        X
        C              337366AE8         X        A        A2         X
        D              337366AF5         X        A-       A3         X
        E              337366AG3         X       BBB      Baa2        X
        F              337366AH1         X       BBB-     Baa3        X
        G              337366AJ7         X       BB+       NR         X
        H              337366AK4         X        BB       NR         X
        J              337366AL2         X       BB-       NR         X
        K              337366AM0         X        B+       NR         X
        L              337366AN8         X        B        NR         X
        M              337366AP3         X        B-       NR         X
        N              337366AQ1         X        NR       NR         X



</TABLE>
<TABLE>
<CAPTION>

                                             Current Ratings(1)
      Class            Cusip            DCR     Fitch     Moody's    S&P

      <S>              <C>              <C>     <C>       <C>       <C>

       A-1             337366AA6         X       AAA       Aaa        X
       A-2             337366AB4         X       AAA       Aaa        X
        IO             337366AC2         X       AAA       Aaa        X
        B              337366AD0         X        AA       Aa2        X
        C              337366AE8         X        A        A2         X
        D              337366AF5         X        A-       A3         X
        E              337366AG3         X       BBB      Baa2        X
        F              337366AH1         X       BBB-     Baa3        X
        G              337366AJ7         X       BB+       NR         X
        H              337366AK4         X        BB       NR         X
        J              337366AL2         X       BB-       NR         X
        K              337366AM0         X        B+       NR         X
        L              337366AN8         X        B        NR         X
        M              337366AP3         X        B-       NR         X
        N              337366AQ1         X        NR       NR         X



<FN>
NR -  Designates  that the class  was not rated by the above  agency at the
time of original  issuance.
X - Designates that the above rating agency did not rate any classes in this
transaction  at the time of original  issuance.
N/A - Data not available this period.

1) For any  class  not  rated  at the  time  of  original  issuance  by any
particular  rating  agency,  no request has been made  subsequent to issuance to
obtain rating information,  if any, from such rating agency. The current ratings
were obtained  directly from the applicable  rating agency within 30 days of the
payment  date  listed  above.  The  ratings  may have  changed  since  they were
obtained.  Because the ratings may have changed,  you may want to obtain current
ratings directly from the rating agencies.


Duff & Phelps Credit Rating Co.
55 East Monroe Street
Chicago, Illinois 60603
(312) 368- 3100

Fitch IBCA, Inc.
One State Street Plaza
New York, New York 10004
(212) 908- 0500

Moody's Investors Service
99 Church Street
New York, New York 10007
(212) 553- 0300

Standard & Poor's Rating Services
26 Broadway
New York, New York 10004
(212) 208- 8000

</FN>
</TABLE>
<TABLE>
<CAPTION>




         Current Mortgage Loan and Property Stratification Tables


                                Scheduled Balance

                                                   % Of
         Scheduled         # of      Scheduled      Agg    WAM                Weighted
          Balance          Loans      Balance       Bal.   (2)       WAC     Avg DSCR(1)
 <S>                        <C>     <C>             <C>    <C>       <C>        <C>
     Below 1,000,000         5       3,342,459.25   0.28   115     7.5447     1.401633
 1,000,001 to 2,000,000     60      87,331,300.77   7.40   151     7.5707     1.341062
 2,000,001 to 3,000,000     46     116,388,958.38   9.86   155     7.4467     1.341606
 3,000,001 to 4,000,000     18      62,381,883.03   5.29   144     7.5140     1.569844
 4,000,001 to 5,000,000     20      87,198,531.83   7.39   132     7.4178     1.418472
 5,000,001 to 6,000,000     18      95,747,182.03   8.11   132     7.3638     1.387478
 6,000,001 to 7,000,000     12      76,752,676.26   6.50   122     7.3051     1.334918
 7,000,001 to 8,000,000      5      38,442,989.93   3.26   140     7.1861     1.336703
 8,000,001 to 9,000,000      4      34,977,445.67   2.96   114     7.2795     1.302084
 9,000,001 to 10,000,000     5      46,884,496.94   3.97   139     7.0848     1.277452
10,000,001 to 15,000,000    15     178,420,464.69  15.12   113     7.4523     1.337711
15,000,001 to 20,000,000     8     140,355,486.68  11.89   115     7.2480     1.345899
20,000,001 to 25,000,000     3      68,935,370.25   5.84   114     7.5190     1.283951
 25,000,001 and greater      4     142,817,194.49  12.10   114     7.1529     1.389196
     Totals                223   1,179,976,440.20 100.00   127     7.3597     1.359784




</TABLE>
<TABLE>
<CAPTION>
                                              State(3)

                         # of       Scheduled      % of                                     Weighted
       State             Props.      Balance        Agg.     WAM              WAC         Avg DSCR(1)
                                                    Bal.    (2)
    <S>                  <C>     <C>                <C>      <C>            <C>           <C>
       Alabama             5      34,195,987.81      2.90    122            7.3385        1.388386
       Arizona             5      24,206,018.69      2.05    117            7.5151        1.356622
      Arkansas             1       3,923,875.47      0.33    204            7.2350            NAP
     California           40     151,998,402.00     12.88    118            7.6742        1.292290
     Connecticut           6      53,218,192.85      4.51    120            7.6664        1.330507
      Delaware             1      22,480,179.53      1.91    113            6.7500        1.550000
       Florida            21      81,070,319.82      6.87    127            7.2945        1.345269
       Georgia            17     114,849,537.36      9.73    117            7.4683        1.245709
       Hawaii              1       6,286,570.31      0.53    117            6.9100        1.210000
      Illinois            10      27,443,636.04      2.33    120            7.0430        1.441482
       Indiana             3      16,548,147.93      1.40    116            7.3588        1.285285
        Iowa               1       4,080,502.21      0.35    254            8.1100            NAP
       Kansas              4      20,427,324.84      1.73    114            6.7815        1.443937
      Kentucky             4       5,278,391.13      0.45    176            7.4000        1.361343
      Louisiana            2       5,954,934.55      0.50    173            7.8599        1.394205
      Maryland             2       9,517,755.81      0.81    140            7.2531        1.210000
    Massachusetts          6      23,878,822.50      2.02    137            7.6368        1.297065
      Michigan             3      18,322,214.14      1.55    161            7.3916        1.250000
      Minnesota            2      14,305,025.93      1.21    113            6.7718        1.419092
     Mississippi           1       1,167,361.28      0.10    147            7.4100        1.310000
      Missouri             5      27,847,572.31      2.36    120            6.9011        1.522770
      Nebraska             8      11,171,672.65      0.95    117            7.6541        1.287325
       Nevada              5      34,811,420.24      2.95    125            7.6141        1.232737
    New Hampshire          1       2,524,995.69      0.21    252            6.9420            NAP
     New Jersey            7      55,407,416.56      4.70    113            6.7457        1.412258
      New York            16      68,116,724.04      5.77    120            7.7235        1.506265
   North Carolina         21      74,066,315.87      6.28    155            7.3441        1.316493
        Ohio               5      11,540,954.82      0.98    150            7.7527        1.247593
       Oregon              1       2,638,262.82      0.22    116            7.7500        1.300000
    Pennsylvania           9      64,352,845.05      5.45    124            7.2160        1.344641
    Rhode Island           1       1,070,330.43      0.09    117            8.5000        1.320000
   South Carolina          4      19,728,381.54      1.67    148            8.0930        1.349101
      Tennessee            4      10,649,508.32      0.90    167            7.3216        1.342420
        Texas             14      85,549,570.58      7.25    122            6.8544        1.409478
        Utah               1       3,293,439.40      0.28    119            7.8500        1.300000
      Virginia            19      38,670,030.50      3.28    178            7.3236        1.580146
     Washington            1      18,757,455.97      1.59    109            7.2130        1.560000
      Wisconsin            3      10,626,343.20      0.90    117            7.8589        1.307205
  Totals                 260   1,179,976,440.20    100.00    127            7.3597        1.359784



</TABLE>
<TABLE>
<CAPTION>





                                    Note Rate

         Note                      # of         Scheduled     % of                            Weighted
         Rate                      Loans        Balance        Agg.    WAM       WAC           Avg DSCR(1)
                                                               Bal.    (2)
          <S>                      <C>     <C>                <C>      <C>      <C>           <C>
       6.749% or Less               18       143,832,725.19   12.19    116       6.5529       1.448470
      6.750% to 6.999%              21       133,258,563.49   11.29    143       6.8228       1.459896
      7.000% to 7.249%              32       179,003,037.76   15.17    131       7.1135       1.433086
      7.250% to 7.499%              58       203,314,508.36   17.23    142       7.3680       1.344232
      7.500% to 7.749%              36       306,886,260.50   26.01    117       7.6199       1.283787
      7.750% to 7.999%              30       110,797,027.37    9.39    121       7.8166       1.305476
      8.000% to 8.249%              13        37,624,382.69    3.19    131       8.0703       1.284957
      8.250% to 8.499%               7        38,601,657.28    3.27    114       8.2700       1.254673
      8.500% to 8.999%               5        19,808,430.64    1.68    128       8.5705       1.397861
     9.000% and greater              3         6,849,846.92    0.58    169       9.3436       1.881485
            Totals                 223     1,179,976,440.20  100.00    127       7.3597       1.359784



</TABLE>
<TABLE>
<CAPTION>

                                            Seasoning

                       # of         Scheduled      % of                                 Weighted
      Seasoning       Loans         Balance        Agg.            WAM        WAC       Avg DSCR(1)
                                                    Bal.           (2)
<S>                    <C>     <C>                <C>               <C>       <C>          <C>

12 months or less      211     1,112,005,058.59   94.24             125       7.3383       1.354693
  13 to 24 months       12        67,971,381.61    5.76             163       7.7092       1.437211
  25 to 36 months        0                 0.00    0.00               0       0.0000       0.000000
  37 to 48 months        0                 0.00    0.00               0       0.0000       0.000000
49 months and greater    0                 0.00    0.00               0       0.0000       0.000000
Totals                 223     1,179,976,440.20  100.00             127       7.3597       1.359784



</TABLE>
<TABLE>
<CAPTION>




                                Debt Service Coverage Ratio(1)

   Debt Service              # of        Scheduled        % of                                     Weighted
   Coverage Ratio           Loans         Balance          Agg.            WAM        WAC         Avg DSCR(1)
                                                           Bal.           (2)
    <S>                       <C>       <C>              <C>               <C>       <C>         <C>
        Credit Lease           27        78,229,625.00    6.63             220       7.2353         NAP
        1.19 or less            5        19,116,755.11    1.62             225       7.0989       1.143478
        1.20 to 1.24           26       250,105,020.11   21.20             118       7.5351       1.213236
        1.25 to 1.29           40       182,152,157.54   15.44             121       7.5776       1.262520
        1.30 to 1.34           57       196,820,346.64   16.68             118       7.6596       1.312800
         1.35to 1.39           12        71,683,936.26    6.08             113       7.2981       1.372111
        1.40 to 1.44           24       176,941,021.05   15.00             116       6.9646       1.419664
        1.45 to 1.49            6        41,290,476.97    3.50             119       7.2787       1.472715
        1.50 to 1.54            8        35,448,797.26    3.00             123       6.8907       1.515630
        1.55 to 1.59            4        73,816,181.59    6.26             112       6.8971       1.554081
        1.60 to 1.69            6        24,342,445.86    2.06             118       6.9758       1.620780
       1.7 and greater          8        30,029,676.81    2.54             164       7.6888       2.205273
       Totals                 223     1,179,976,440.20  100.00             127       7.3597       1.359784



   </TABLE>
<TABLE>
<CAPTION>

                                               Property Type

         Property                # of          Scheduled      % of                                      Weighted
           Type                  Props         Balance        Agg.             WAM       WAC         Avg DSCR(1)
                                                              Bal.            (2)
    <S>                           <C>       <C>               <C>              <C>       <C>           <C>
         Health Care                 9        24,646,690.36    2.09            125       7.7441        1.652445
    Industrial/Warehouse            13        37,237,983.96    3.16            117       7.6828        1.332351
           Lodging                  27       187,256,913.39   15.87            135       7.2280        1.504643
          Mixed Use                  9        43,247,587.22    3.67            117       7.6558        1.324772
      Mobile Home Park               3         9,452,362.02    0.80            115       7.5666        1.328220
        Multi-Family                85       365,229,443.32   30.95            123       7.4529        1.250523
           Office                   23       150,015,039.52   12.71            113       7.5722        1.332031
            Other                    1         1,388,845.38    0.12            287       7.7500          NAP
           Retail                   89       359,511,822.75   30.47            136       7.1424        1.408063
        Self Storage                 1         1,989,752.29    0.17            117       7.3750        1.480000
        Totals                     260     1,179,976,440.20  100.00            127       7.3597        1.359784



</TABLE>
<TABLE>
<CAPTION>



                           Anticipated Remaining Term (ARD and Balloon Loans)

        Anticipated            # of          Scheduled       % of                                      Weighted
     Remaining Term(2)         Loans          Balance        Agg.    WAM             WAC            Avg DSCR(1)
                                                             Bal.    (2)
     <S>                        <C>        <C>              <C>      <C>           <C>                      <C>
     108 months or less           8         65,778,099.29    5.57     92           7.3327              1.416281
      109 to 120 months         146        932,373,336.85   79.02    115           7.3757              1.348462
      121 to 156 months          27         45,227,500.18    3.83    141           7.2641              1.386944
      157 to 216 months          10         39,666,411.02    3.36    187           7.2026              1.282991
      217 to 240 months           1          5,436,859.96    0.46    232           6.7500               NAP
      241 to 252 months           4         10,711,487.30    0.91    252           6.9420               NAP
      253 to 300 months           1          4,080,502.21    0.35    254           8.1100               NAP
       301 and greater            0                  0.00    0.00     0            0.0000              0.000000
                                197      1,103,274,196.81   93.50    120           7.3577              1.353082




</TABLE>
<TABLE>
<CAPTION>


                             Remaining Stated Term (Fully Amortizing Loans)



          Remaining            # of         Scheduled       % of                                       Weighted
         Stated Term           Loans         Balance         Agg.    WAM          WAC               Avg DSCR(1)
                                                    Bal.      (2)
        <S>                    <C>         <C>               <C>     <C>          <C>                 <C>
     108 months or less           0                  0.00    0.00      0           0.0000              0.000000
      109 to 120 months           0                  0.00    0.00      0           0.0000              0.000000
      121 to 156 months           0                  0.00    0.00      0           0.0000              0.000000
      157 to 216 months           4         10,838,294.81    0.92    171           8.4368              1.681244
      217 to 240 months          12         40,104,414.80    3.40    232           7.0631              1.190000
      241 to 252 months           6         18,038,049.18    1.53    249           7.3750              1.706944
      253 to 300 months           2          4,662,281.34    0.40    291           7.3989              1.430000
       301 and greater            2          3,059,203.26    0.26    349           7.9746              1.212356
Totals                           26         76,702,243.39    6.50    236           7.3873              1.526236




</TABLE>
<TABLE>
<CAPTION>


                    Remaining Amortization Term (ARD and Balloon Loans)

    Remaining           # of       Scheduled        % of                               Weighted
Amortization Term      Loans        Balance          Agg.       WAM        WAC        Avg DSCR(1)
                                                     Bal.       (2)
      <S>                 <C>       <C>               <C>       <C>        <C>          <C>
  180 months or less       0                  0.00    0.00         0       0.0000       0.000000
  181 to 228 months        4         12,414,239.93    1.05       122       7.6244       1.579834
  229 to 240 months        6         14,451,420.58    1.22       135       7.3587       1.377482
  241 to 264 months        6         21,150,422.22    1.79       204       7.2350       1.000000
  265 to 288 months        5         46,816,398.62    3.97       135       7.4105       1.391156
  289 to 300 months       56        219,319,489.39   18.59       119       7.3102       1.436857
  301 to 348 months       15        109,729,194.31    9.30       132       7.4617       1.290527
   349 and greater       105        679,393,031.76   57.58       114       7.3516       1.331282
     Totals              197      1,103,274,196.81   93.50       120       7.3577       1.353082



</TABLE>
<TABLE>
<CAPTION>

                           Age of Most Recent NOI

      Age of Most                 # of           Scheduled         % of                            Weighted
      Recent NOI                  Loans           Balance           Agg.     WAM      WAC         Avg DSCR(1)
                                                                    Bal.     (2)
 <S>                            <C>          <C>                  <C>        <C>      <C>          <C>
 Underwriter's Information      196          1,101,746,815.20      93.37     121     7.3685        1.359784
   1 year or less                27             78,229,625.00       6.63     220     7.2353           NAP
    1 to 2 years                  0                      0.00       0.00       0     0.0000        0.000000
  2 years or greater              0                      0.00       0.00       0     0.0000        0.000000
Totals                          223          1,179,976,440.20     100.00     127     7.3597        1.359784



<FN>
(1) The Trustee makes no representations as to the accuracy of the data provided
by the borrower for this calculation. "NAP" means not applicable and relates to the
ommision of credit lease loans in the calculation of DSCR.

(2)Anticipated  Remaining Term and WAM are each  calculated  based upon the
term from the current month to the earlier of the Anticipated Repayment Date, if
applicable,  and the  maturity  date.

(3) Data in this  table was  calculated  by  allocating  pro- rata the
current loan  information to the properties based upon the Cut- off Date balance
of each property as disclosed in the offering document.



</FN>
</TABLE>
<TABLE>
<CAPTION>



                         Mortgage Loan Detail



   Loan               Property                                                  Interest           Principal         Gross
  Number        ODCR    Type(1)     City                       State             Payment            Payment         Coupon
 <S>             <C>     <C>    <C>                              <C>             <C>               <C>             <C>
480000001         1       LO    Various                        Various           293201.75          61263.23        6.750%
265300078         2       MU    Various                          CA              245561.19          19474.62        7.610%
265999996         3       MF    Newnan                           GA              177330.14              0.00        7.050%
480000004         4       LO    Hoover                           AL              155792.02          31727.70        7.400%
480000005         5       OF    Beverly Hills                    CA              168454.99          15741.90        8.250%
480000006         6       MF    Smyrna                           GA              148167.88          11614.74        7.650%
480000007         7       RT    Amarillo                         TX              124375.81          16330.16        6.570%
480000008         8       OF    Stamford                         CT              132506.64          10361.40        7.720%
480000009         9       RT    South Plainfield                 NJ              108365.81          14115.24        6.570%
480000010         10      RT    Lewisville                       TX              107027.96          13940.97        6.570%
480000011         11      LO    Seattle                          WA              116640.09          21554.43        7.213%
265300024         12      RT    Phoenix                          AZ              109650.95           9235.52        7.500%
265300057         13      MF    Bellflower                       CA              101965.94           8509.95        7.500%
265300050         14      MF    Henderson                        NV               99435.58           8808.86        7.370%
265300048         15      MF    New York                         NY              100993.10           7733.33        7.700%
265300038         16      MF    Philadelphia                     PA               96562.60           7428.89        7.690%
480000017         17      RT    Allentown                        PA               86168.71           9813.74        6.950%
480000018         18      OF    Marlboro                         NJ               78463.32          10531.87        6.500%
480000019         19      MF    Raleigh                          NC               85734.38              0.00        7.375%
265999976         20      LO    Charleston                       SC               94708.31           9971.21        8.500%
480000021         21      RT    Novi                             MI               81969.17           6466.69        7.600%
255999863         22      OF    Maryland Heights                 MO               70886.67              0.00        6.860%
480000023         23      RT    Philadelphia                     PA               68697.62           7137.90        7.275%
480000024         24      MF    Roswell                          GA               70596.86           5534.02        7.650%
480000025         25      MF    Clarkston                        GA               69564.86              0.00        7.550%
265300045         26      MF    Various                          CA               69988.53           5511.83        7.625%
480000027         27      RT    Derby                            CT               71681.41           5175.95        7.875%
255999598         28      MF    Matawan                          NJ               65317.28           6308.17        7.240%
480000029         29      MF    Largo                            FL               67372.96           5281.30        7.650%
480000030         30      OF    New York                         NY               67797.43           5102.75        7.700%
355132452         31      MF    Charlotte                        NC               57529.48          18804.47        6.800%
480000032         32      RT    Miami                            FL               58444.21           6416.19        7.050%
480000033         33      MF    Atlanta                          GA               59061.46              0.00        7.375%
480000034         34      RT    Minnetonka                       MN               51542.41           6713.68        6.570%
480000035         35      MF    Clearwater                       FL               59675.07           4677.88        7.650%
265300042         36      MF    Las Vegas                        NV               59990.46           4486.64        7.750%
255999747         37      OF    Various                          PA               54021.28           7881.96        7.000%
265300018         38      MF    Indianapolis                     IN               56489.42           5181.49        7.340%
480000039         39      LO    Kissimmee                        FL               48916.53           8862.67        7.000%
825999751         40      RT    Norwalk                          CT               51012.45           7522.60        7.750%
480000041         41      RT    Oxnard                           CA               44219.45           5759.82        6.570%
480000042         42      RT    Wichita                          KS               44219.45           5759.82        6.570%
480000043         43      MF    Pikesville                       MD               48836.84              0.00        7.375%
265300052         44      RT    Auburn                           MA               48037.26           3652.35        7.700%
265300025         45      RT    Cerritos                         CA               46474.92           3402.41        7.780%
265300007         46      MF    Champaign - Urbana               IL               42939.61           6442.13        7.470%
480000047         47      MF    Fayetteville                     NC               43234.24              0.00        7.550%
480000048         48      OF    New York                         NY               40651.20           4319.51        7.125%
265300060         49      OF    New York                         NY               42792.16           3238.27        7.710%
255999680         50      RT    Lafayette                        IN               40350.11           6608.91        7.375%
265300016         51      MF    Ewa                              HI               37431.25           4102.71        6.910%
480000052         52      RT    Manchester                       MO               35488.22           4622.53        6.570%
255999829         53      RT    Norwalk                          CT               38381.47           3988.69        7.125%
825999708         54      LO    Raleigh                          NC               37592.24         184227.91        7.235%
265999995         55      RT    Mission Viejo                    CA               40917.38           3319.73        7.625%
255999783         56      LO    Tampa                            FL               36745.94           6529.29        7.100%
255999600         57      LO    Gastonia                         NC               37596.02           5738.16        7.625%
480000058         58      RT    Dallas                           TX               32390.04           4218.98        6.570%
480000059         59      MF    Smyrna                           GA               37634.11           2950.11        7.650%
265300073         60      MF    Euless                           TX               34100.00           3233.35        7.200%
480000061         61      MF    Charlotte                        NC               35692.63              0.00        7.550%
825999870         62      RT    Chesapeake                       VA               30628.87           8271.90        6.750%
255999781         63      LO    Sarasota                         FL               32949.02           5854.63        7.100%
255999950         64      MF    Wallkill                         NY               34770.49           2987.09        7.500%
265999999         65      HC    New Rochelle                     NY               43462.64          12933.58        9.375%
255999936         66      MH    Monticello                       MN               31946.26           5579.34        7.125%
265300066         67      MF    Grand Island                     NE               33603.20           2791.57        7.510%
265300010         68      OF    Boston                           MA               35471.01           4422.60        7.930%
480000069         69      RT    Wichita                          KS               29151.04           3797.08        6.570%
255999917         70      MF    Tallahassee                      FL               29740.74              0.00        6.875%
480000071         71      IN    Exton                            PA               31719.03           5144.12        7.250%
480000072         72      RT    Wichita                          KS               28728.56           3742.05        6.570%
480000073         73      MF    Cincinnati                       OH               34609.87           2371.87        8.000%
245114243         74      LO    Alexandria                       VA               31880.18           7427.69        7.375%
255999833         75      MF    Roselle Park                     NJ               26220.34           4160.19        6.125%
255999780         76      LO    Knoxville                        TN               30205.79           5367.19        7.100%
265999981         77      MU    Monroe                           CT               31321.45           2866.97        7.375%
255999948         78      HC    Macon                            GA               26621.36           5788.58        6.500%
480000079         79      MF    Lutz                             FL               29212.49           2289.94        7.650%
255999726         80      HC    Various                          GA               29032.17           7564.25        7.625%
480000081         81      OF    Wellesley                        MA               29553.33           2120.97        7.800%
265300033         82      IN    Green Bay                        WI               29633.53           2088.26        7.875%
480000083         83      IN    Exton                            PA               27054.47           4387.63        7.250%
480000084         84      RT    Joplin                           MO               24503.77           3191.75        6.570%
265999978         85      RT    Orange                           CA               27770.83              0.00        7.500%
480000086         86      OF    Atlanta                          GA               28987.54           2083.39        7.900%
825999709         87      LO    Hilton Head                      SC               25517.16         125051.67        7.235%
265300029         88      OF    Fenton                           MO               27660.16           3706.91        7.730%
245114242         89      LO    Alexandria                       VA               26116.01           6084.70        7.375%
265300040         90      RT    Las Vegas                        NV               29181.17           3263.55        8.250%
480000091         91      OF    Pasadena                         CA               27884.96           1971.05        7.920%
825999748         92      RT    Davenport                        IA               27609.08           4688.92        8.110%
255999954         93      RT    San Diego                        CA               25480.17           2489.06        7.250%
480000094         94      MF    Marietta                         GA               26843.91           2104.27        7.650%
825999697         95      LO    Little Rock                      AR               24378.00         119469.01        7.235%
265300000         96      OF    Bronx                            NY               26342.16           1956.12        7.750%
265300034         97      IN    Green Bay                        WI               25745.34           5845.00        7.830%
265300044         98      RT    Flower Mound                     TX               25040.68           1850.70        7.760%
480000099         99      IN    North Haven                      CT               24933.16           1802.48        7.910%
480000100        100      IN    Vernon                           CA               25207.31           1626.00        8.020%
245114332        101      LO    Asheville                        NC               24209.02           6097.02        7.810%
265300058        102      RT    San Francisco                    CA               25062.48           1579.26        8.090%
480000103        103      RT    Baton Rouge                      LA               24713.89              0.00        8.200%
255999931        104      RT    Scarsdale & New Rochelle         NY               20982.47           2303.12        7.000%
480000105        105      RT    Philadelphia                     PA               19951.91           2424.72        6.750%
480000106        106      OF    Draper                           UT               22273.28           1560.60        7.850%
255999965        107      MF    Boone                            NC               20457.44           3395.19        7.250%
255999563        108      HC    Statesville                      NC               19610.95           2116.47        7.125%
825999678        109      LO    Sparks                           NV               19080.91          93509.62        7.235%
480000110        110      OF    Southborough                     MA               19069.96          10104.95        7.125%
825999696        111      LO    Mobile                           AL               18568.29          90997.43        7.235%
255999804        112      HC    Burlington                       NC               18556.27           2068.11        7.000%
825999591        113      RT    Commerce Township                MI               17621.19           3684.70        6.942%
265300069        114      MU    Savannah                         GA               22583.15           2081.16        8.750%
480000115        115      OF    Las Vegas                        NV               20620.10           1392.84        8.000%
480000116        116      OF    Carpinteria                      CA               19574.29           1488.23        7.750%
265999979        117      MF    Denton                           TX               20175.04           1397.64        8.000%
255999650        118      RT    Ft. Meyers                       FL               16944.93           5228.62        7.000%
825999914        119      RT    Colleyville                      TX               15664.62           5845.38        6.700%
265300074        120      MF    Fort Worth                       TX               17997.55           1522.97        7.470%
480000121        121      MF    Charlotte                        NC               18073.86              0.00        7.550%
825999588        122      RT    Holland                          MI               15993.76           3344.39        6.942%
245114238        123      LO    Fredericksburg                   VA               17174.38           4001.42        7.375%
265300081        124      MF    Los Angeles                      CA               18018.75           1891.87        7.750%
825999906        125      RT    Pembroke Pines                   FL               15032.43           5621.22        6.750%
25-5999947       126      LO    Richmond                         VA               15797.87           4933.10        6.875%
825999874        127      RT    York                             PA               15488.48           5758.66        7.020%
265999982        128      RT    Medford                          OR               17622.71           2393.50        7.750%
255999933        129      MF    Orange                           NJ               17432.87           1344.30        7.750%
255999782        130      LO    Mobile                           AL               15896.19           2824.56        7.100%
265300008        131      MF    St. Augustine Beach              FL               16302.41           1522.43        7.300%
825114249        132      RT    Franklin                         TN               15222.98           5041.37        7.125%
265300041        133      MU    Lawrenceville                    GA               17623.72           1160.65        8.000%
825114317        134      RT    Yarmouth                         MA               15710.29           2728.20        7.375%
825999895        135      RT    Dallas                           TX               14345.47           5323.20        6.750%
265300013        136      MF    San Francisco                    CA               16408.58           2435.70        7.500%
825999574        137      RT    Claremont                        NH               14623.58           2848.60        6.942%
265300064        138      MF    North Platte                     NE               16304.02           1354.44        7.510%
265300062        139      MH    Ranch Mirage                     CA               16805.63           1247.96        7.750%
265300028        140      MF    Grand Prairie                    TX               15982.62           1422.39        7.375%
265300055        141      IN    Phoenix                          AZ               16426.92           1293.73        7.640%
245114237        142      LO    Shreveport                       LA               15613.64           3637.78        7.375%
265300032        143      IN    Green Bay                        WI               16594.78           1169.42        7.875%
265300017        144      MF    Phoenix                          AZ               15539.22           1403.04        7.375%
825999929        145      RT    Oviedo                           FL               13478.42           4637.25        6.688%
265300035        146      MF    Topeka                           KS               17278.03           1845.67        8.375%
825999592        147      RT    Ironton                          OH               13800.11           2688.20        6.942%
480000148        148      RT    Locust Valley Long Beach         NY               15647.13           1094.72        7.875%
265999990        149      MF    Arlington                        VA               15131.54           1166.84        7.750%
245114239        150      LO    Charlotte                        NC               14363.80           3346.59        7.375%
255999890        151      MU    Livingston                       NJ               13540.85           2419.14        7.040%
265999998        152      MF    Los Angeles                      CA               13928.61           1266.24        7.375%
265300019        153      RT    Commack                          NY               15026.04           1833.07        8.050%
265300047        154      RT    Copperas Cove                    TX               14727.09            988.94        7.960%
255999651        155      RT    Montgomery                       AL               12738.32           3930.61        7.000%
480000156        156      OF    Pasadena                         CA               14794.46            893.65        8.190%
255999966        157      RT    East Northport                   NY               12381.89           1413.62        6.875%
265300022        158      MF    Nashville                        TN               13003.73           1213.76        7.270%
265300014        159      HC    Woodstock                        VA               14170.67           1179.55        8.250%
265300020        160      SS    Charlottesville                  VA               12657.28           3302.06        7.375%
245114188        161      MF    Long Branch                      NJ               12741.79           1201.44        7.470%
255999988        162      MF    Radford                          VA               11596.83           1335.21        6.875%
265300051        163      MF    Chesapeake                       VA               13822.42           1476.54        8.375%
265999993        164      IN    North Miami                      FL               12327.65           2121.79        7.750%
265999991        165      IN    Margate                          FL               12156.72           1347.65        7.750%
265999975        166      MF    Omaha                            NE               13423.75            774.40        8.375%
265300026        167      HC    Charlottesville                  VA               13128.92            769.51        8.250%
815114264        168      RT    Tallahassee                      FL               11113.67           3272.10        7.250%
825999776        169      RT    Lansdowne                        MD               10287.06           3769.11        6.740%
480000170        170      RT    Winter Park                      FL               10223.33           1308.22        6.630%
255999603        171      LO    Asheville                        NC               12404.84           2819.55        8.150%
265300049        172      MH    Hamilton                         OH               12888.60           1244.82        8.625%
255999951        173      MF    New Windsor                      NY               10805.35           1005.20        7.375%
255999856        174      RT    Wilson                           NC               10806.27           1723.10        7.410%
825999949        175      RT    Tarboro                          NC               10036.57           2960.72        7.125%
265999977        176      RT    New York                         NY               11736.96           1417.97        8.120%
265300065        177      MF    Norfolk                          NE               10339.45            858.94        7.510%
265300039        178      MF    Sarasota                         FL               11120.89           1313.08        8.080%
255999846        179      RT    Santa Rosa                       CA                9941.77           1585.25        7.410%
825999797        180      RT    Rocky Mount                      VA                8867.89           2154.69        7.000%
265300063        181      MF    Marietta                         GA               10398.61            701.68        7.950%
245114240        182      LO    Mount Sterling                   KY                9575.87           2231.06        7.375%
255999850        183      RT    Riverside                        CA                9617.58           1533.56        7.410%
265999983        184      MF    Bronx                            NY                9976.84            769.34        7.750%
255999848        185      RT    Richmond                         VA                9509.51           1516.33        7.410%
255999987        186      MF    Radford                          VA                8434.06            971.06        6.875%
255999859        187      RT    Garner                           NC                9077.26           1447.41        7.410%
255999727        188      MF    Lowell                           MA                8817.88            799.15        7.320%
265300056        189      IN    Phoenix                          AZ                9199.08            724.48        7.640%
825999800        190      OT    Rock Hill                        SC                8975.60            924.40        7.750%
255999852        191      RT    Fresno                           CA                8536.95           1361.25        7.410%
265999994        192      IN    Margate                          FL                8538.49           1469.62        7.750%
825114352        193      RT    Greenville                       SC                7759.44           3855.79        7.125%
255999843        194      RT    Forsyth                          IL                8212.76           1309.56        7.410%
255999838        195      RT    Owensboro                        KY                8212.76           1309.56        7.410%
255999839        196      RT    Peru                             IL                8212.76           1309.56        7.410%
255999860        197      RT    Dothan                           AL                8104.70           1292.33        7.410%
255999847        198      RT    Evansville                       IN                8104.70           1292.33        7.410%
255999842        199      RT    Hopkinsville                     KY                7996.64           1275.09        7.410%
255999844        200      RT    Tallahassee                      FL                7996.64           1275.09        7.410%
255999849        201      RT    Visalia                          CA                7996.64           1275.09        7.410%
255999841        202      RT    Pikeville                        KY                7888.57           1257.87        7.410%
255999837        203      RT    Albany                           GA                7780.51           1240.63        7.410%
255999855        204      RT    Heath                            OH                7780.51           1240.63        7.410%
255999845        205      RT    Marion                           IL                7780.51           1240.63        7.410%
255999836        206      RT    Temple                           TX                7672.45           1223.40        7.410%
255999858        207      RT    Zanesville                       OH                7564.39           1206.17        7.410%
255999851        208      RT    Fresno                           CA                7456.32           1188.94        7.410%
255999857        209      RT    Jackson                          MS                7456.32           1188.94        7.410%
255999840        210      RT    Modesto                          CA                7348.26           1171.71        7.410%
255999853        211      RT    Champaign                        IL                7132.14           1137.24        7.410%
255999854        212      RT    Sanford                          NC                7024.07           1120.02        7.410%
255999830        213      RT    Moberly                          MO                7024.07           1120.02        7.410%
895096319        214      MF    Knoxville                        TN                8011.31            616.97        8.900%
265300027        215      RT    Pawtucket                        RI                7845.09           1484.01        8.500%
805114051        216      RT    Ormond Beach                     FL                8125.97           2220.56        9.125%
255999970        217      MF    Radford                          VA                6325.54            728.30        6.875%
825999672        218      LO    Lumberton                        NC                6265.37          30704.65        7.235%
265300054        219      IN    Phoenix                          AZ                5913.69            465.74        7.640%
255999986        220      MF    Radford                          VA                4559.65            524.98        6.875%
265300031        221      MF    Corpus Christi                   TX                4837.55            406.56        7.500%
255999969        222      MF    Radford                          VA                3039.77            349.98        6.875%
265300012        223      RT    Douglasville                     GA                3377.43            239.67        9.500%

Totals                                                                        7,455,760.38      1,508,381.23



</TABLE>
<TABLE>
<CAPTION>


  Loan         Anticipated                      Neg              Beginning          Ending                 Paid
  Number        Repayment       Maturity       Amort             Scheduled         Scheduled               Thru
                  Date            Date         (Y/N)             Balance            Balance                 Date
<S>             <C>             <C>             <C>            <C>                <C>                    <C>

480000001        11/10/2008     11/10/2023       N             50,443,312.62      50,382,049.39          06/01/1999
265300078           N/A         04/01/2009       N             37,472,776.69      37,453,302.07          06/01/1999
265999996           N/A         01/01/2009       N             29,750,000.00      29,750,000.00          06/01/1999
480000004           N/A         06/10/2008       N             25,263,570.73      25,231,843.03          06/01/1999
480000005           N/A         10/01/2008       N             24,502,544.35      24,486,802.45          06/01/1999
480000006           N/A         03/10/2009       N             22,492,277.38      22,480,662.64          06/01/1999
480000007        11/10/2008     11/10/2028       N             21,984,235.32      21,967,905.16          06/01/1999
480000008           N/A         12/10/2008       N             19,932,471.37      19,922,109.97          06/01/1999
480000009        12/10/2008     12/10/2028       N             19,154,363.43      19,140,248.19          06/01/1999
480000010        12/10/2008     12/10/2028       N             18,917,889.86      18,903,948.89          06/01/1999
480000011        07/10/2008     11/10/2023       N             18,779,010.40      18,757,455.97          06/01/1999
265300024           N/A         03/01/2009       N             16,978,211.88      16,968,976.36          05/01/1999
265300057           N/A         04/01/2009       N             15,788,274.11      15,779,764.16          06/01/1999
265300050           N/A         04/01/2009       N             15,668,056.89      15,659,248.03          06/01/1999
265300048           N/A         03/01/2009       N             15,231,468.44      15,223,735.11          06/01/1999
265300038           N/A         03/01/2009       N             14,582,212.22      14,574,783.33          06/01/1999
480000017        08/10/2008     08/10/2028       N             14,398,113.81      14,388,300.07          06/01/1999
480000018           N/A         12/10/2005       N             14,018,260.63      14,007,728.76          06/01/1999
480000019           N/A         04/10/2009       N             13,500,000.00      13,500,000.00          06/01/1999
265999976           N/A         12/01/2008       N             12,939,275.82      12,929,304.61          06/01/1999
480000021           N/A         05/10/2009       N             12,525,000.00      12,518,533.31          06/01/1999
255999863           N/A         09/01/2009       N             12,000,000.00      12,000,000.00          06/01/1999
480000023           N/A         03/10/2013       N             10,966,031.11      10,958,893.21          06/01/1999
480000024           N/A         03/10/2009       N             10,716,791.15      10,711,257.13          06/01/1999
480000025           N/A         06/10/2009       N             10,700,000.00      10,700,000.00          06/01/1999
265300045           N/A         04/01/2009       N             10,659,279.54      10,653,767.71          06/01/1999
480000027           N/A         01/10/2004       N             10,570,530.64      10,565,354.69          06/01/1999
255999598        01/01/2009     01/21/2029       N             10,476,839.75      10,470,531.58          06/01/1999
480000029           N/A         03/10/2009       N             10,227,394.34      10,222,113.04          06/01/1999
480000030           N/A         05/10/2009       N             10,225,000.00      10,219,897.25          06/01/1999
355132452           N/A         08/01/2018       N              9,824,768.23       9,805,963.76          06/01/1999
480000032           N/A         07/10/2008       N              9,627,048.81       9,620,632.62          06/01/1999
480000033           N/A         04/10/2009       N              9,300,000.00       9,300,000.00          06/01/1999
480000034        12/10/2008     12/10/2028       N              9,110,457.49       9,103,743.81          06/01/1999
480000035           N/A         03/10/2009       N              9,058,834.63       9,054,156.75          06/01/1999
265300042           N/A         03/01/2009       N              8,989,204.79       8,984,718.15          06/01/1999
255999747           N/A         07/01/2008       N              8,962,055.28       8,954,173.32          06/01/1999
265300018           N/A         02/01/2009       N              8,937,414.36       8,932,232.87          06/01/1999
480000039           N/A         11/10/2008       N              8,115,184.00       8,106,321.33          06/01/1999
825999751           N/A         01/01/2019       N              7,898,702.22       7,891,179.62          06/01/1999
480000041        12/10/2008     12/10/2028       N              7,816,075.54       7,810,315.72          06/01/1999
480000042        12/10/2008     12/10/2028       N              7,816,075.54       7,810,315.72          06/01/1999
480000043           N/A         04/10/2009       N              7,690,000.00       7,690,000.00          06/01/1999
265300052           N/A         04/01/2009       N              7,244,831.22       7,241,178.87          06/01/1999
265300025           N/A         04/01/2009       N              6,937,129.97       6,933,727.56          06/01/1999
265300007           N/A         02/01/2009       N              6,675,415.16       6,668,973.03          06/01/1999
480000047           N/A         06/10/2009       N              6,650,000.00       6,650,000.00          06/01/1999
480000048           N/A         07/10/2008       N              6,625,663.17       6,621,343.66          06/01/1999
265300060           N/A         04/01/2009       N              6,445,410.82       6,442,172.55          06/01/1999
255999680           N/A         07/01/2008       N              6,353,653.08       6,347,044.17          06/01/1999
265300016           N/A         03/01/2009       N              6,290,673.02       6,286,570.31          06/01/1999
480000052        12/10/2008     12/10/2028       N              6,272,774.00       6,268,151.47          06/01/1999
255999829           N/A         10/01/2008       N              6,255,723.87       6,251,735.18          06/01/1999
825999708           N/A         06/01/2016       N              6,235,063.91       6,050,836.00          06/01/1999
265999995           N/A         01/01/2009       N              6,231,731.76       6,228,412.03          06/01/1999
255999783           N/A         09/01/2008       N              6,010,239.59       6,003,710.30          06/01/1999
255999600           N/A         06/01/2008       N              5,725,887.41       5,720,149.25          06/01/1999
480000058        12/10/2008     12/10/2028       N              5,725,150.87       5,720,931.89          06/01/1999
480000059           N/A         03/10/2009       N              5,712,958.55       5,710,008.44          06/01/1999
265300073           N/A         05/01/2009       N              5,500,000.00       5,496,766.65          06/01/1999
480000061           N/A         06/10/2009       N              5,490,000.00       5,490,000.00          06/01/1999
825999870           N/A         10/01/2018       N              5,445,131.86       5,436,859.96          06/01/1999
255999781           N/A         09/01/2008       N              5,389,207.86       5,383,353.23          06/01/1999
255999950           N/A         01/01/2009       N              5,383,818.10       5,380,831.01          06/01/1999
265999999           N/A         01/01/2014       N              5,383,759.34       5,370,825.76          06/01/1999
255999936           N/A         10/01/2008       N              5,206,861.46       5,201,282.12          06/01/1999
265300066           N/A         04/01/2009       N              5,196,148.56       5,193,356.99          06/01/1999
265300010           N/A         04/01/2009       N              5,194,469.72       5,190,047.12          06/01/1999
480000069        12/10/2008     12/10/2028       N              5,152,635.77       5,148,838.69          06/01/1999
255999917           N/A         10/01/2008       N              5,120,000.00       5,120,000.00          06/01/1999
480000071           N/A         02/10/2009       N              5,080,690.74       5,075,546.62          06/01/1999
480000072        12/10/2008     12/10/2028       N              5,077,959.89       5,074,217.84          06/01/1999
480000073           N/A         12/10/2008       N              5,024,013.82       5,021,641.95          06/01/1999
245114243           N/A         03/01/2020       N              5,019,952.20       5,012,524.51          06/01/1999
255999833           N/A         11/01/2008       N              4,971,334.15       4,967,173.96          06/01/1999
255999780           N/A         09/01/2008       N              4,940,519.95       4,935,152.76          06/01/1999
265999981           N/A         12/01/2008       N              4,931,973.00       4,929,106.03          06/01/1999
255999948           N/A         10/01/2008       N              4,756,172.84       4,750,384.26          06/01/1999
480000079           N/A         03/10/2009       N              4,434,534.27       4,432,244.33          06/01/1999
255999726           N/A         07/01/2008       N              4,421,609.96       4,414,045.71          06/01/1999
480000081           N/A         05/10/2009       N              4,400,000.00       4,397,879.03          06/01/1999
265300033           N/A         03/01/2009       N              4,369,921.85       4,367,833.59          06/01/1999
480000083           N/A         02/10/2009       N              4,333,530.34       4,329,142.71          06/01/1999
480000084        12/10/2008     12/10/2028       N              4,331,201.10       4,328,009.35          06/01/1999
265999978           N/A         12/01/2008       N              4,300,000.00       4,300,000.00          06/01/1999
480000086           N/A         12/10/2008       N              4,261,132.62       4,259,049.23          06/01/1999
825999709           N/A         06/01/2016       N              4,232,285.81       4,107,234.14          06/01/1999
265300029           N/A         04/01/2009       N              4,155,430.26       4,151,723.35          06/01/1999
245114242           N/A         03/01/2020       N              4,112,307.30       4,106,222.60          06/01/1999
265300040           N/A         03/01/2009       N              4,107,612.76       4,104,349.21          06/01/1999
480000091           N/A         01/10/2009       N              4,088,704.19       4,086,733.14          06/01/1999
825999748           N/A         08/01/2020       N              4,085,191.13       4,080,502.21          06/01/1999
255999954           N/A         11/01/2008       N              4,081,362.11       4,078,873.05          06/01/1999
480000094           N/A         03/10/2009       N              4,074,977.44       4,072,873.17          06/01/1999
825999697           N/A         06/01/2016       N              4,043,344.48       3,923,875.47          06/01/1999
265300000           N/A         04/01/2009       N              3,947,212.14       3,945,256.02          06/01/1999
265300034           N/A         04/01/2009       N              3,818,367.79       3,812,522.79          06/01/1999
265300044           N/A         04/01/2009       N              3,747,358.62       3,745,507.92          06/01/1999
480000099           N/A         11/10/2008       N              3,660,509.84       3,658,707.36          06/01/1999
480000100           N/A         05/10/2009       N              3,650,000.00       3,648,374.00          06/01/1999
245114332           N/A         05/01/2008       N              3,599,705.57       3,593,608.55          06/01/1999
265300058           N/A         04/01/2009       N              3,597,628.26       3,596,049.00          06/01/1999
480000103           N/A         06/10/2009       N              3,500,000.00       3,500,000.00          06/01/1999
255999931           N/A         10/01/2008       N              3,480,962.58       3,478,659.46          06/01/1999
480000105           N/A         11/10/2008       N              3,432,585.85       3,430,161.13          06/01/1999
480000106           N/A         05/10/2009       N              3,295,000.00       3,293,439.40          06/01/1999
255999965           N/A         11/01/2023       N              3,276,831.15       3,273,435.96          06/01/1999
255999563           N/A         05/01/2008       N              3,196,351.80       3,194,235.33          06/01/1999
825999678           N/A         06/01/2016       N              3,164,767.29       3,071,257.67          06/01/1999
480000110           N/A         08/10/2013       N              3,108,176.86       3,098,071.91          06/01/1999
825999696           N/A         06/01/2016       N              3,079,743.70       2,988,746.27          06/01/1999
255999804           N/A         08/01/2008       N              3,078,459.23       3,076,391.12          06/01/1999
825999591           N/A         06/01/2020       N              3,046,014.64       3,042,329.94          06/01/1999
265300069           N/A         04/01/2009       N              2,997,210.69       2,995,129.53          06/01/1999
480000115           N/A         02/10/2009       N              2,993,240.02       2,991,847.18          06/01/1999
480000116           N/A         02/10/2009       N              2,933,088.70       2,931,600.47          06/01/1999
265999979           N/A         11/01/2008       N              2,928,634.96       2,927,237.32          06/01/1999
255999650           N/A         08/01/2013       N              2,811,140.35       2,805,911.73          06/01/1999
825999914           N/A         11/01/2018       N              2,805,602.99       2,799,757.61          06/01/1999
265300074           N/A         04/01/2009       N              2,797,909.48       2,796,386.51          06/01/1999
480000121           N/A         06/10/2009       N              2,780,000.00       2,780,000.00          06/01/1999
825999588           N/A         06/01/2020       N              2,764,695.28       2,761,350.89          06/01/1999
245114238           N/A         03/01/2020       N              2,704,331.61       2,700,330.19          06/01/1999
265300081           N/A         05/01/2009       N              2,700,000.00       2,698,108.13          06/01/1999
825999906           N/A         09/01/2018       N              2,672,432.04       2,666,810.82          06/01/1999
25-5999947          N/A         11/01/2008       N              2,668,497.24       2,663,564.14          06/01/1999
825999874           N/A         12/01/2013       N              2,647,603.32       2,641,844.66          06/01/1999
265999982           N/A         02/01/2009       N              2,640,656.32       2,638,262.82          06/01/1999
255999933           N/A         12/01/2008       N              2,612,208.97       2,610,864.67          06/01/1999
255999782           N/A         09/01/2008       N              2,600,012.98       2,597,188.42          06/01/1999
265300008           N/A         02/01/2009       N              2,593,401.25       2,591,878.82          06/01/1999
825114249           N/A         12/01/2018       N              2,563,870.58       2,558,829.21          06/01/1999
265300041           N/A         04/01/2009       N              2,558,282.30       2,557,121.65          06/01/1999
825114317           N/A         01/01/2019       N              2,556,249.95       2,553,521.75          06/01/1999
825999895           N/A         10/01/2018       N              2,550,305.28       2,544,982.08          06/01/1999
265300013           N/A         02/01/2009       N              2,540,682.96       2,538,247.26          06/01/1999
825999574           N/A         06/01/2020       N              2,527,844.29       2,524,995.69          06/01/1999
265300064           N/A         04/01/2009       N              2,521,131.32       2,519,776.88          06/01/1999
265300062           N/A         04/01/2009       N              2,518,221.41       2,516,973.45          06/01/1999
265300028           N/A         03/01/2009       N              2,516,672.62       2,515,250.23          06/01/1999
265300055           N/A         03/01/2009       N              2,496,914.48       2,495,620.75          06/01/1999
245114237           N/A         03/01/2020       N              2,458,572.33       2,454,934.55          06/01/1999
265300032           N/A         03/01/2009       N              2,447,156.24       2,445,986.82          06/01/1999
265300017           N/A         02/01/2009       N              2,446,853.51       2,445,450.47          06/01/1999
825999929           N/A         08/01/2018       N              2,418,556.88       2,413,919.63          06/01/1999
265300035           N/A         03/01/2009       N              2,395,798.26       2,393,952.59          06/01/1999
825999592           N/A         06/01/2020       N              2,385,498.98       2,382,810.78          06/01/1999
480000148           N/A         04/10/2009       N              2,307,410.96       2,306,316.24          06/01/1999
265999990           N/A         12/01/2008       N              2,267,369.52       2,266,202.68          06/01/1999
245114239           N/A         03/01/2020       N              2,261,769.02       2,258,422.43          06/01/1999
255999890           N/A         11/01/2008       N              2,233,644.90       2,231,225.76          06/01/1999
265999998           N/A         01/01/2009       N              2,193,241.70       2,191,975.46          06/01/1999
265300019           N/A         02/01/2009       N              2,167,651.88       2,165,818.81          06/01/1999
265300047           N/A         04/01/2009       N              2,148,545.64       2,147,556.70          06/01/1999
255999651           N/A         08/01/2013       N              2,113,269.81       2,109,339.20          06/01/1999
480000156           N/A         03/10/2009       N              2,097,760.54       2,096,866.89          06/01/1999
255999966           N/A         12/01/2008       N              2,091,487.13       2,090,073.51          06/01/1999
265300022           N/A         03/01/2009       N              2,077,180.49       2,075,966.73          06/01/1999
265300014           N/A         02/01/2009       N              1,994,697.84       1,993,518.29          06/01/1999
265300020           N/A         03/01/2009       N              1,993,054.35       1,989,752.29          06/01/1999
245114188           N/A         03/01/2028       N              1,980,845.08       1,979,643.64          06/01/1999
255999988           N/A         11/01/2008       N              1,958,877.90       1,957,542.69          06/01/1999
265300051           N/A         03/01/2009       N              1,916,638.61       1,915,162.07          06/01/1999
265999993           N/A         03/01/2009       N              1,908,797.28       1,906,675.49          06/01/1999
265999991           N/A         03/01/2009       N              1,882,330.47       1,880,982.82          06/01/1999
265999975           N/A         11/01/2008       N              1,861,357.18       1,860,582.78          06/01/1999
265300026           N/A         03/01/2009       N              1,848,059.40       1,847,289.89          05/01/1999
815114264           N/A         05/01/2018       N              1,839,504.00       1,836,231.90          06/01/1999
825999776           N/A         12/01/2018       N              1,831,524.92       1,827,755.81          06/01/1999
480000170           N/A         11/10/2008       N              1,790,686.65       1,789,378.43          06/01/1999
255999603           N/A         06/01/2008       N              1,767,560.56       1,764,741.01          06/01/1999
265300049           N/A         04/01/2009       N              1,735,351.27       1,734,106.45          06/01/1999
255999951           N/A         10/01/2005       N              1,701,443.87       1,700,438.67          06/01/1999
255999856           N/A         09/01/2011       N              1,693,550.99       1,691,827.89          06/01/1999
825999949           N/A         07/01/2018       N              1,690,369.05       1,687,408.33          06/01/1999
265999977           N/A         12/01/2008       N              1,678,574.36       1,677,156.39          06/01/1999
265300065           N/A         04/01/2009       N              1,598,814.94       1,597,956.00          06/01/1999
265300039           N/A         04/01/2009       N              1,598,339.36       1,597,026.28          05/01/1999
255999846           N/A         09/01/2011       N              1,558,066.92       1,556,481.67          06/01/1999
825999797           N/A         05/01/2018       N              1,520,208.97       1,518,054.28          06/01/1999
265300063           N/A         04/01/2009       N              1,518,969.71       1,518,268.03          06/01/1999
245114240           N/A         03/01/2020       N              1,507,845.96       1,505,614.90          06/01/1999
255999850           N/A         09/01/2011       N              1,507,260.38       1,505,726.82          06/01/1999
265999983           N/A         12/01/2008       N              1,494,968.94       1,494,199.60          06/01/1999
255999848           N/A         09/01/2011       N              1,490,324.91       1,488,808.58          06/01/1999
255999987           N/A         11/01/2008       N              1,424,638.46       1,423,667.40          06/01/1999
255999859           N/A         09/01/2011       N              1,422,582.84       1,421,135.43          06/01/1999
255999727           N/A         04/01/2009       N              1,398,922.97       1,398,123.82          06/01/1999
265300056           N/A         03/01/2009       N              1,398,272.11       1,397,547.63          06/01/1999
825999800           N/A         05/01/2023       N              1,389,769.78       1,388,845.38          06/01/1999
255999852           N/A         09/01/2011       N              1,337,905.30       1,336,544.05          06/01/1999
265999994           N/A         03/01/2009       N              1,322,089.52       1,320,619.90          06/01/1999
825114352           N/A         01/01/2013       N              1,306,853.20       1,302,997.41          06/01/1999
255999843           N/A         09/01/2011       N              1,287,098.76       1,285,789.20          06/01/1999
255999838           N/A         09/01/2011       N              1,287,098.76       1,285,789.20          06/01/1999
255999839           N/A         09/01/2011       N              1,287,098.76       1,285,789.20          06/01/1999
255999860           N/A         09/01/2011       N              1,270,163.22       1,268,870.89          06/01/1999
255999847           N/A         09/01/2011       N              1,270,163.22       1,268,870.89          06/01/1999
255999842           N/A         09/01/2011       N              1,253,227.76       1,251,952.67          06/01/1999
255999844           N/A         09/01/2011       N              1,253,227.76       1,251,952.67          06/01/1999
255999849           N/A         09/01/2011       N              1,253,227.75       1,251,952.66          06/01/1999
255999841           N/A         09/01/2011       N              1,236,292.23       1,235,034.36          06/01/1999
255999837           N/A         09/01/2011       N              1,219,356.77       1,218,116.14          06/01/1999
255999855           N/A         09/01/2011       N              1,219,356.77       1,218,116.14          06/01/1999
255999845           N/A         09/01/2011       N              1,219,356.77       1,218,116.14          06/01/1999
255999836           N/A         09/01/2011       N              1,202,421.21       1,201,197.81          06/01/1999
255999858           N/A         09/01/2011       N              1,185,485.67       1,184,279.50          06/01/1999
255999851           N/A         09/01/2011       N              1,168,550.22       1,167,361.28          06/01/1999
255999857           N/A         09/01/2011       N              1,168,550.22       1,167,361.28          06/01/1999
255999840           N/A         09/01/2011       N              1,151,614.69       1,150,442.98          06/01/1999
255999853           N/A         09/01/2011       N              1,117,743.69       1,116,606.45          06/01/1999
255999854           N/A         09/01/2011       N              1,100,808.16       1,099,688.14          06/01/1999
255999830           N/A         09/01/2011       N              1,100,808.16       1,099,688.14          06/01/1999
895096319           N/A         02/01/2029       N              1,080,176.59       1,079,559.62          06/01/1999
265300027           N/A         03/01/2009       N              1,071,814.44       1,070,330.43          06/01/1999
805114051           N/A         12/01/2012       N              1,068,620.29       1,066,399.73          06/01/1999
255999970           N/A         11/01/2008       N              1,068,478.86       1,067,750.56          06/01/1999
825999672           N/A         06/01/2016       N              1,039,177.32       1,008,472.67          06/01/1999
265300054           N/A         03/01/2009       N                898,889.22         898,423.48          06/01/1999
255999986           N/A         11/01/2008       N                770,193.18         769,668.20          06/01/1999
265300031           N/A         03/01/2009       N                749,040.53         748,633.97          06/01/1999
255999969           N/A         11/01/2008       N                513,462.15         513,112.17          06/01/1999
265300012           N/A         02/01/2009       N                412,861.10         412,621.43          06/01/1999
Totals                                                      1,181,484,821.43   1,179,976,440.20





<FN>
(1) Property Type Code

SS- Self Storage
MF- Multi- Family
RT- Retail
HC- Health Care
IN- Industrial
WH- Warehouse
MH- Mobile Home Park
OF- Office
LO- Lodging
MU- Mixed Use
OT- Other



(2) Resolution Strategy Code
1- Modification
2- Foreclosure
3- Bankruptcy
4- Extension
5- Note Sale
6- DPO
7- REO
8- Resolved
9- Pending Return to Master Server
10- Deed In Lieu of Foreclosure

(3) Modification Code
1- Maturity Date Extension
2- Amortization Change
3- Principal Write- Off
4- Combination


</FN>
</TABLE>



Principal Prepayment Detail

No Principal Prepayments this Period



<TABLE>
<CAPTION>
                            Historical Detail

Delinquencies

Distribution       30-59 Days         60-89 Days      90 Days or More       Foreclosure          REO            Modifications
Date               #       Balance    #      Balance   #     Balance         #      Balance     #     Balance    #     Balance
<S>                <C>     <C>        <C>     <C>       <C>     <C>          <C>     <C>        <C>     <C>      <C>     <C>
6/17/99            0       $0.00      0       $0.00     0       $0.00        0       $0.00      0       $0.00    0       $0.00



</TABLE>
<TABLE>
<CAPTION>

Prepayments

Distribution      Curtailments           Payoff
Date               #     Amount         #    Amount
<S>                <C>     <C>          <C>     <C>
6/17/99            0       $0.00      0       $0.00


</TABLE>
<TABLE>
<CAPTION>
Rate and Maturities

Distribution    Next Weighted Avg.           WAM
Date            Coupon        Remit
<S>            <C>           <C>              <C>
6/17/99        7.359667%     7.285226%        127

<FN>
Note: Foreclosure and REO Totals are excluded from the delinquencies aging
categories.

</FN>
</TABLE>
<TABLE>
<CAPTION>


                        Delinquency Loan Detail

                Offering          # of                      Current  Outstanding   Status of
Loan Number     Document         Months    Paid Through      P & I      P & I      Mortgage
            Cross- Reference     Delinq.       Date         Advances  Advances**    Loan(1)
<S>              <C>               <C>         <C>         <C>         <C>          <C>

265300024        12               0          5/1/1999      118,037.55  118,037.55    B
265300026       167               0          5/1/1999       13,806,03   13,806,03    B
265300039       178               0          5/1/1999       12,354.05   12,354.05    B
Totals            3                                        144,197.63  144,197.63





</TABLE>
<TABLE>
<CAPTION>
                 Resolution                               Current
Loan Number       Strategy   Servicing      Foreclosure  Servicing
                   Code(2)   Transfer Date      Date      Advances
<S>                 <C>         <C>            <C>         <C>
265300024                                                   0.00
265300026                                                   0.00
265300039                                                   0.00
 Totals                                                     0.00







</TABLE>
<TABLE>
<CAPTION>
                Outstanding
Loan Number      Servicing     Bankruptcy   REO
                 Advances          Date     Date
<S>                <C>             <C>     <C>
265300024          0.00
265300026          0.00
265300039          0.00
 Totals            0.00





<FN>

(1) Status of Mortgage Loan
A- Payment Not Received But Still in Grace Period
B- Late Payment But Less Than 1 Month Delinquent
0- Current
1- One Month Delinquent
2- Two Months Delinquent
3- Three Or More Months Delinquent
4- Assumed Scheduled Payment (Performing Matured Balloon)
7- Foreclosure
9- REO

(2) Resolution Strategy Code
1- Modification
2- Foreclosure
3- Bankruptcy
4- Extension
5- Note Sale
6- DPO
7- REO
8- Resolved
9- Pending Return to Master Server
10-Deed In Lieu Of Foreclosure

 ** Outstanding P & I Advances include the current period advance
</FN>
</TABLE>





                  Specially Serviced Loan Detail - Part 1


                 No Specially Serviced Loans this Period





                  Specially Serviced Loan Detail - Part 2




                   No Specially Serviced Loans this Period



                            Modified Loan Detail


                             No Modified Loans




                            Liquidated Loan Detail


                         No Liquidated Loans this Period



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