<TABLE>
MIDLAND LOAN SERVICES, L.P. - Master Servicer
Loan Portfolio Analysis System - Loan Status
PORTFOLIO: PNCMAC 1999 CM1
REPORTING PERIOD: September, 2000
DATE PRINTED: 11-Sept-00
<CAPTION>
CURRENT
PRINCIPAL DAYS ENVIRON
ASSET NO BALANCE DELINQ LTV DSCR ISSUES ASSET STATUS RESOLUTION TYPE
<S> <C> <C> <C> <C> <C> <C> <C>
001 44,777,926 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
002 36,263,129 0 N/A 1.07 N/A PERFORMING PERFORM TO MATURITY
003 32,593,316 0 332.6% 22.67 N/A PERFORMING PERFORM TO MATURITY
004 20,880,528 0 59.7% 1.66 N/A PERFORMING PERFORM TO MATURITY
005 13,490,167 0 77.1% 1.54 N/A PERFORMING PERFORM TO MATURITY
006 12,416,567 0 N/A 52.68 N/A PERFORMING PERFORM TO MATURITY
007 12,140,249 0 73.6% 0.78 N/A PERFORMING PERFORM TO MATURITY
008 11,611,405 0 71.1% 1.77 N/A PERFORMING PERFORM TO MATURITY
009 11,339,364 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
010 11,270,521 0 74.3% 0.00 N/A PERFORMING PERFORM TO MATURITY
011 10,939,653 0 N/A 1.10 N/A PERFORMING PERFORM TO MATURITY
012 10,932,804 0 N/A 1.06 N/A PERFORMING PERFORM TO MATURITY
013 10,171,153 0 77.1% 1.92 N/A PERFORMING PERFORM TO MATURITY
014 9,889,096 0 53.2% 2.69 N/A PERFORMING PERFORM TO MATURITY
015 9,405,442 0 75.5% 1.47 N/A PERFORMING PERFORM TO MATURITY
016 4,452,832 0 78.5% 1.47 N/A PERFORMING ORIGINATION
017 1,748,637 0 71.4% 1.36 N/A PERFORMING PERFORM TO MATURITY
018 1,083,817 0 66.1% 2.06 N/A PERFORMING PERFORM TO MATURITY
019 851,926 0 69.1% 1.90 N/A PERFORMING PERFORM TO MATURITY
020 695,673 0 69.6% 2.21 N/A PERFORMING PERFORM TO MATURITY
021 8,446,036 0 90.0% 0.00 N/A PERFORMING PERFORM TO MATURITY
022 8,435,557 0 N/A 1.71 N/A PERFORMING PERFORM TO MATURITY
023 7,848,600 0 67.3% 0.00 N/A PERFORMING PERFORM TO MATURITY
024 7,436,734 0 72.6% 1.75 N/A PERFORMING PERFORM TO MATURITY
025 7,141,853 0 76.8% 1.66 N/A PERFORMING PERFORM TO MATURITY
026 7,124,566 0 N/A 1.13 N/A PERFORMING PERFORM TO MATURITY
027 7,050,204 0 77.9% 1.56 N/A PERFORMING PERFORM TO MATURITY
028 6,962,869 0 78.6% 1.27 N/A PERFORMING PERFORM TO MATURITY
029 6,848,181 0 73.7% 1.35 N/A PERFORMING PERFORM TO MATURITY
030 6,612,625 0 69.0% 0.00 N/A PERFORMING PERFORM TO MATURITY
031 6,595,459 0 79.4% 1.38 N/A PERFORMING PERFORM TO MATURITY
032 6,456,836 0 75.6% 0.00 N/A PERFORMING PERFORM TO MATURITY
033 6,418,062 0 76.6% 1.67 N/A PERFORMING PERFORM TO MATURITY
034 6,292,667 0 68.4% 1.55 N/A PERFORMING PERFORM TO MATURITY
035 6,167,363 0 71.2% 1.39 N/A PERFORMING PERFORM TO MATURITY
036 5,689,447 0 68.6% 1.36 N/A PERFORMING PERFORM TO MATURITY
037 5,664,752 0 80.9% 1.51 N/A PERFORMING PERFORM TO MATURITY
038 5,594,033 0 65.0% 1.83 N/A PERFORMING PERFORM TO MATURITY
039 5,570,619 0 79.6% 1.31 N/A PERFORMING PERFORM TO MATURITY
040 5,505,736 0 73.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
041 5,411,615 0 77.6% 1.60 N/A PERFORMING ORIGINATION
042 5,400,694 0 74.8% 0.00 N/A PERFORMING ORIGINATION
043 5,359,971 0 76.8% 1.63 N/A PERFORMING PERFORM TO MATURITY
044 5,203,996 0 72.7% 1.56 N/A PERFORMING PERFORM TO MATURITY
045 5,119,759 0 78.0% 1.33 N/A PERFORMING PERFORM TO MATURITY
046 4,975,255 0 N/A 1.02 N/A PERFORMING PERFORM TO MATURITY
047 4,935,370 0 77.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
048 3,280,061 0 74.2% 1.58 N/A PERFORMING ORIGINATION
049 1,631,133 0 73.5% 0.00 N/A PERFORMING PERFORM TO MATURITY
050 4,613,557 0 73.9% 1.60 N/A PERFORMING PERFORM TO MATURITY
051 4,523,259 0 72.9% 1.81 N/A PERFORMING PERFORM TO MATURITY
052 4,475,531 0 71.6% 2.12 N/A PERFORMING PERFORM TO MATURITY
053 4,457,387 0 69.6% 0.00 N/A PERFORMING PERFORM TO MATURITY
054 4,401,116 0 69.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
055 4,356,974 0 77.6% 1.09 N/A PERFORMING PERFORM TO MATURITY
056 4,303,442 0 76.2% 0.00 N/A PERFORMING PERFORM TO MATURITY
057 4,256,851 0 75.6% 1.53 N/A PERFORMING ORIGINATION
058 4,173,814 0 60.9% 0.00 N/A PERFORMING PERFORM TO MATURITY
059 4,065,135 0 49.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
060 3,981,749 0 75.1% 1.67 N/A PERFORMING PERFORM TO MATURITY
061 3,969,541 0 78.6% 2.43 N/A PERFORMING PERFORM TO MATURITY
062 3,880,696 0 N/A 1.80 N/A PERFORMING PERFORM TO MATURITY
</TABLE>
Page - 28
<PAGE>
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL DAYS ENVIRON
ASSET NO BALANCE DELINQ LTV DSCR ISSUES ASSET STATUS RESOLUTION TYPE
<S> <C> <C> <C> <C> <C> <C> <C>
063 3,877,930 0 74.6% 3.00 N/A PERFORMING PERFORM TO MATURITY
064 3,825,654 0 69.3% 2.18 N/A PERFORMING PERFORM TO MATURITY
065 3,771,112 0 70.4% 0.77 N/A PERFORMING PERFORM TO MATURITY
066 3,578,165 0 70.5% 1.20 N/A PERFORMING PERFORM TO MATURITY
067 3,565,551 0 79.2% 1.68 N/A PERFORMING PERFORM TO MATURITY
068 3,427,400 0 76.0% 0.00 N/A PERFORMING PERFORM TO MATURITY
069 3,322,151 0 77.7% 1.40 N/A PERFORMING PERFORM TO MATURITY
070 3,285,411 0 66.9% 0.00 N/A PERFORMING PERFORM TO MATURITY
071 3,281,720 0 68.4% 1.68 N/A PERFORMING PERFORM TO MATURITY
072 3,280,006 0 78.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
073 3,264,210 0 78.7% 0.00 N/A PERFORMING PERFORM TO MATURITY
074 3,226,549 0 72.5% 0.95 N/A PERFORMING PERFORM TO MATURITY
075 3,178,858 0 73.0% 0.00 N/A PERFORMING PERFORM TO MATURITY
076 3,170,066 0 70.4% 1.52 N/A PERFORMING PERFORM TO MATURITY
077 3,111,838 0 74.1% 1.36 N/A PERFORMING PERFORM TO MATURITY
078 3,006,416 0 67.9% 1.46 N/A PERFORMING PERFORM TO MATURITY
079 2,968,222 0 66.5% 0.00 N/A PERFORMING ORIGINATION
080 2,965,298 0 73.5% 0.00 N/A PERFORMING PERFORM TO MATURITY
081 2,898,944 0 74.1% 1.57 N/A PERFORMING PERFORM TO MATURITY
082 2,883,827 0 72.3% 0.00 N/A PERFORMING ORIGINATION
083 2,847,159 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
084 1,289,408 0 N/A 1.60 N/A PERFORMING PERFORM TO MATURITY
085 1,091,038 0 57.4% 0.94 N/A PERFORMING PERFORM TO MATURITY
086 396,741 0 N/A 2.09 N/A PERFORMING PERFORM TO MATURITY
087 2,778,001 0 72.1% 1.96 N/A PERFORMING PERFORM TO MATURITY
088 2,680,129 0 79.4% 1.58 N/A PERFORMING PERFORM TO MATURITY
089 843,324 0 60.2% 0.00 N/A PERFORMING PERFORM TO MATURITY
090 1,804,322 0 70.8% 0.00 N/A PERFORMING PERFORM TO MATURITY
091 2,615,013 0 72.6% 1.69 N/A PERFORMING PERFORM TO MATURITY
092 2,535,763 35 74.6% 0.00 N/A PERFORMING PERFORM TO MATURITY
093 2,468,696 0 61.7% 1.28 N/A PERFORMING PERFORM TO MATURITY
094 2,492,993 0 74.0% 0.91 N/A PERFORMING PERFORM TO MATURITY
095 2,474,986 0 58.8% 0.00 N/A PERFORMING PERFORM TO MATURITY
096 2,484,936 0 78.4% 1.15 N/A PERFORMING ORIGINATION
097 2,484,149 0 68.6% 1.76 N/A PERFORMING PERFORM TO MATURITY
098 2,451,581 0 76.5% 0.00 N/A PERFORMING PERFORM TO MATURITY
099 2,448,577 0 85.9% 1.29 N/A PERFORMING PERFORM TO MATURITY
100 2,436,377 0 70.9% 0.79 N/A PERFORMING ORIGINATION
101 2,410,735 0 74.6% 0.00 N/A PERFORMING PERFORM TO MATURITY
102 2,386,592 0 71.7% 1.62 N/A PERFORMING PERFORM TO MATURITY
103 2,361,110 0 62.5% 0.00 N/A PERFORMING PERFORM TO MATURITY
104 2,362,507 0 73.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
105 2,307,540 0 N/A 1.18 N/A PERFORMING PERFORM TO MATURITY
106 2,309,770 0 79.0% 1.62 N/A PERFORMING PERFORM TO MATURITY
107 2,309,770 0 71.5% 1.39 N/A PERFORMING PERFORM TO MATURITY
108 2,300,549 0 74.1% 2.52 N/A PERFORMING PERFORM TO MATURITY
109 2,182,100 0 70.4% 0.00 N/A PERFORMING PERFORM TO MATURITY
110 2,171,632 0 63.9% 1.04 N/A PERFORMING PERFORM TO MATURITY
111 2,150,275 0 78.3% 0.65 N/A PERFORMING PERFORM TO MATURITY
112 2,128,935 0 68.8% 1.82 N/A PERFORMING PERFORM TO MATURITY
113 2,115,667 0 71.8% 1.73 N/A PERFORMING ORIGINATION
114 2,078,471 0 86.6% 0.00 N/A PERFORMING PERFORM TO MATURITY
115 2,080,443 0 78.2% 1.31 N/A PERFORMING ORIGINATION
116 2,039,434 0 76.2% 1.69 N/A PERFORMING PERFORM TO MATURITY
117 2,036,218 0 69.0% 0.00 N/A PERFORMING PERFORM TO MATURITY
118 1,987,423 0 73.8% 0.00 N/A PERFORMING PERFORM TO MATURITY
119 1,958,838 0 79.1% 1.20 N/A PERFORMING PERFORM TO MATURITY
120 1,956,294 0 75.3% 0.00 N/A PERFORMING PERFORM TO MATURITY
121 1,915,233 0 50.8% 1.46 N/A PERFORMING PERFORM TO MATURITY
122 1,894,708 0 67.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
123 1,881,492 0 72.2% 1.44 N/A PERFORMING ORIGINATION
124 1,868,734 0 75.7% 0.00 N/A PERFORMING PERFORM TO MATURITY
125 1,858,532 0 69.9% 0.99 N/A PERFORMING PERFORM TO MATURITY
126 1,825,696 0 71.0% 1.30 N/A PERFORMING PERFORM TO MATURITY
127 1,791,707 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
128 1,164,553 0 N/A 1.25 N/A PERFORMING PERFORM TO MATURITY
129 627,067 0 N/A 1.15 N/A PERFORMING PERFORM TO MATURITY
130 1,790,115 0 65.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
131 1,786,895 0 73.7% 0.00 N/A PERFORMING ORIGINATION
132 1,772,951 0 74.8% 0.00 N/A PERFORMING PERFORM TO MATURITY
</TABLE>
Page - 29
<PAGE>
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL DAYS ENVIRON
ASSET NO BALANCE DELINQ LTV DSCR ISSUES ASSET STATUS RESOLUTION TYPE
<S> <C> <C> <C> <C> <C> <C> <C>
133 1,763,041 0 76.7% 0.00 N/A PERFORMING PERFORM TO MATURITY
134 1,750,828 0 77.8% 1.74 N/A PERFORMING PERFORM TO MATURITY
135 1,754,263 0 74.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
136 1,753,200 0 73.3% 1.83 N/A PERFORMING PERFORM TO MATURITY
137 1,728,757 0 65.4% 1.66 N/A PERFORMING PERFORM TO MATURITY
138 1,664,164 0 76.7% 1.75 N/A PERFORMING PERFORM TO MATURITY
139 1,654,200 0 75.2% 1.83 N/A PERFORMING PERFORM TO MATURITY
140 1,628,769 0 81.6% 0.00 N/A PERFORMING PERFORM TO MATURITY
141 1,640,544 0 N/A 1.67 N/A NON-MONETARY DEFAULT PERFORM TO MATURITY
142 1,634,343 0 64.6% 0.00 N/A PERFORMING ORIGINATION
143 1,631,097 0 63.0% 0.00 N/A PERFORMING PERFORM TO MATURITY
144 1,625,897 0 74.2% 1.33 N/A PERFORMING ORIGINATION
145 1,629,982 0 77.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
146 1,604,031 0 75.8% 0.59 N/A PERFORMING PERFORM TO MATURITY
147 1,588,494 0 63.4% 1.69 N/A PERFORMING PERFORM TO MATURITY
148 1,555,527 0 70.0% 1.94 N/A PERFORMING PERFORM TO MATURITY
149 1,540,865 0 N/A 1.86 N/A PERFORMING PERFORM TO MATURITY
150 1,540,506 0 75.4% 1.35 N/A PERFORMING ORIGINATION
151 1,540,223 0 77.8% 1.71 N/A PERFORMING PERFORM TO MATURITY
152 1,512,086 0 69.5% 1.45 N/A PERFORMING PERFORM TO MATURITY
153 1,506,407 0 68.5% 0.00 N/A PERFORMING PERFORM TO MATURITY
154 1,485,883 0 67.9% 1.59 N/A PERFORMING PERFORM TO MATURITY
155 1,485,956 0 57.9% 2.18 N/A PERFORMING ORIGINATION
156 1,490,057 0 70.6% 1.64 N/A PERFORMING PERFORM TO MATURITY
157 1,474,189 0 60.3% 0.00 N/A PERFORMING ORIGINATION
158 1,457,148 0 63.4% 0.00 N/A PERFORMING PERFORM TO MATURITY
159 1,447,970 0 73.4% 1.57 N/A PERFORMING PERFORM TO MATURITY
160 1,416,808 0 67.8% 2.28 N/A PERFORMING PERFORM TO MATURITY
161 1,387,373 0 63.1% 1.77 N/A PERFORMING PERFORM TO MATURITY
162 1,397,820 0 66.5% 1.15 N/A PERFORMING PERFORM TO MATURITY
163 1,384,903 0 69.2% 1.31 N/A PERFORMING PERFORM TO MATURITY
164 1,341,276 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
165 1,332,833 0 77.0% 0.00 N/A PERFORMING PERFORM TO MATURITY
166 1,286,868 0 72.2% 0.48 N/A PERFORMING PERFORM TO MATURITY
167 1,287,876 0 75.8% 0.00 N/A PERFORMING PERFORM TO MATURITY
168 1,222,822 0 77.6% 0.00 N/A PERFORMING PERFORM TO MATURITY
169 1,221,655 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
170 1,189,115 0 69.9% 0.00 N/A PERFORMING PERFORM TO MATURITY
171 1,191,059 0 76.0% 0.65 N/A PERFORMING ORIGINATION
172 1,182,578 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
173 1,169,004 0 66.9% 0.00 N/A PERFORMING PERFORM TO MATURITY
174 1,164,167 0 69.5% 0.00 N/A PERFORMING PERFORM TO MATURITY
175 1,085,659 0 71.6% 2.77 N/A PERFORMING PERFORM TO MATURITY
176 1,068,793 0 70.5% 2.23 N/A PERFORMING PERFORM TO MATURITY
177 1,059,463 0 73.9% 2.74 N/A PERFORMING PERFORM TO MATURITY
178 1,035,326 0 N/A 1.35 N/A PERFORMING PERFORM TO MATURITY
179 1,012,067 0 69.8% 0.00 N/A PERFORMING PERFORM TO MATURITY
180 1,005,099 0 69.9% 1.38 N/A PERFORMING PERFORM TO MATURITY
181 984,951 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
182 1,001,332 0 68.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
183 995,326 0 N/A 1.27 N/A PERFORMING PERFORM TO MATURITY
184 993,361 0 68.5% 1.45 N/A PERFORMING PERFORM TO MATURITY
185 955,860 0 79.7% 0.00 N/A PERFORMING PERFORM TO MATURITY
186 895,291 0 56.0% 1.85 N/A PERFORMING PERFORM TO MATURITY
187 888,267 0 71.9% 2.65 N/A PERFORMING PERFORM TO MATURITY
188 874,688 0 66.2% 2.69 N/A PERFORMING PERFORM TO MATURITY
189 856,411 0 77.9% 0.00 N/A PERFORMING PERFORM TO MATURITY
190 844,581 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
191 839,788 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
192 824,634 0 73.3% 2.09 N/A PERFORMING PERFORM TO MATURITY
193 801,528 0 66.2% 0.00 N/A PERFORMING PERFORM TO MATURITY
194 772,933 0 60.4% 0.00 N/A PERFORMING ORIGINATION
195 776,074 0 50.1% 1.66 N/A PERFORMING PERFORM TO MATURITY
196 756,109 0 N/A 1.94 N/A PERFORMING PERFORM TO MATURITY
197 744,307 0 73.3% 0.00 N/A PERFORMING PERFORM TO MATURITY
198 727,945 0 52.0% 1.57 N/A PERFORMING PERFORM TO MATURITY
199 718,608 0 71.8% 0.00 N/A PERFORMING PERFORM TO MATURITY
200 709,876 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
201 665,913 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
202 653,426 0 N/A 1.34 N/A PERFORMING PERFORM TO MATURITY
</TABLE>
Page - 30
<PAGE>
<TABLE>
<CAPTION>
CURRENT
PRINCIPAL DAYS ENVIRON
ASSET NO BALANCE DELINQ LTV DSCR ISSUES ASSET STATUS RESOLUTION TYPE
<S> <C> <C> <C> <C> <C> <C> <C>
203 653,394 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
204 637,327 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
205 606,519 0 72.6% 0.00 N/A PERFORMING PERFORM TO MATURITY
206 551,094 0 N/A 0.00 N/A PERFORMING PERFORM TO MATURITY
207 537,979 0 75.1% 0.00 N/A PERFORMING PERFORM TO MATURITY
--- ------------- --- ------ ----- --- ------------------------- ------------------------------
TOTAL 755,716,322
=============
</TABLE>
Page - 31
<PAGE>
<TABLE>
MIDLAND LOAN SERVICES, L.P. - Master Servicer
Loan Portfolio Analysis System - Loan Terms
PORTFOLIO: PNCMAC 1999 CM1
REPORTING PERIOD: September, 2000
DATE PRINTED: 11-Sept-00
<CAPTION>
REMAIN
CURRENT ORIG LOAN TERM INT
PRINCIPAL NOTE LOAN AMORT IN INT RATE
ASSET NO BALANCE DATE DATE MONTHS RATE TYPE PAYMENT
<S> <C> <C> <C> <C> <C> <C> <C>
001 44,777,926 10/28/99 11/1/29 350 8.580% F 348,566
002 36,263,129 8/26/99 9/1/29 108 8.000% F 267,824
003 32,593,316 6/25/99 7/1/29 106 7.740% F 235,286
004 20,880,528 11/1/99 11/1/29 110 8.060% F 154,970
005 13,490,167 8/18/99 9/1/29 108 7.430% F 94,442
006 12,416,567 9/7/99 10/1/29 109 7.760% F 89,638
007 12,140,249 9/29/99 10/1/29 73 8.600% F 94,673
008 11,611,405 6/18/99 7/1/29 106 8.180% F 87,323
009 11,339,364 10/29/99 11/1/29 110 8.310% F 86,126
010 11,270,521 10/26/98 11/1/28 98 6.320% F 71,332
011 10,939,653 9/30/99 10/1/29 109 8.190% F 82,176
012 10,932,804 9/20/99 10/1/29 109 8.090% F 81,405
013 10,171,153 8/31/98 9/1/28 96 6.700% F 66,980
014 9,889,096 7/9/99 8/1/24 107 8.650% F 81,536
015 9,405,442 5/19/99 6/1/29 105 7.480% F 66,295
016 4,452,832 9/7/99 10/1/29 109 8.100% F 33,171
017 1,748,637 9/8/99 10/1/29 109 8.700% F 13,760
018 1,083,817 9/8/99 10/1/29 109 8.700% F 8,528
019 851,926 9/8/99 10/1/29 109 8.700% F 6,704
020 695,673 9/8/99 10/1/29 109 8.700% F 5,474
021 8,446,036 7/30/98 8/1/28 335 6.890% F 56,845
022 8,435,557 10/13/99 11/1/29 110 8.040% F 62,460
023 7,848,600 8/9/99 9/1/29 108 7.990% F 57,912
024 7,436,734 9/15/99 10/1/29 109 7.890% F 54,349
025 7,141,853 8/18/99 9/1/29 108 7.430% F 49,999
026 7,124,566 10/25/99 11/1/29 110 8.570% F 55,410
027 7,050,204 9/21/99 10/1/29 109 7.570% F 49,985
028 6,962,869 9/3/99 10/1/29 109 8.320% F 52,934
029 6,848,181 7/19/99 8/1/29 107 7.980% F 50,534
030 6,612,625 9/23/99 10/1/29 109 8.100% F 49,260
031 6,595,459 6/25/99 7/1/29 106 7.890% F 48,286
032 6,456,836 8/20/99 9/1/29 108 7.910% F 47,288
033 6,418,062 6/23/98 7/1/28 94 6.860% F 42,963
034 6,292,667 10/13/99 11/1/24 110 8.370% F 50,577
035 6,167,363 5/20/99 6/1/24 105 7.960% F 48,150
036 5,689,447 8/12/99 9/1/29 108 8.170% F 42,688
037 5,664,752 1/15/98 2/1/28 89 7.190% F 39,330
038 5,594,033 10/13/99 11/1/24 110 8.370% F 44,962
039 5,570,619 10/15/99 11/1/29 110 8.360% F 42,505
040 5,505,736 5/6/98 6/1/23 93 7.420% F 41,643
041 5,411,615 10/22/99 11/1/29 110 8.380% F 41,367
042 5,400,694 9/1/99 10/1/29 109 8.300% F 41,000
043 5,359,971 8/3/99 9/1/29 108 7.770% F 38,761
044 5,203,996 5/14/99 6/1/29 105 7.740% F 37,575
045 5,119,759 10/11/99 11/1/29 110 7.940% F 37,574
046 4,975,255 10/25/99 11/1/29 110 8.570% F 38,694
047 4,935,370 12/15/97 1/1/28 148 7.440% F 35,103
048 3,280,061 9/3/99 10/1/29 109 8.130% F 24,514
049 1,631,133 8/4/99 9/1/24 108 8.130% F 12,877
050 4,613,557 8/19/99 9/1/29 108 8.000% F 34,091
051 4,523,259 9/8/99 10/1/29 109 8.230% F 34,119
052 4,475,531 4/8/98 5/1/23 116 8.160% F 35,992
053 4,457,387 9/30/99 10/1/24 109 8.560% F 36,417
054 4,401,116 3/27/98 4/1/28 91 7.180% F 30,485
055 4,356,974 5/21/99 6/1/29 105 7.550% F 30,916
056 4,303,442 10/17/98 11/1/23 98 6.640% F 30,300
057 4,256,851 4/21/99 5/1/29 104 7.760% F 30,828
058 4,173,814 10/13/99 5/1/27 110 8.790% F 33,806
059 4,065,135 10/5/99 11/1/24 110 8.670% F 33,485
060 3,981,749 4/29/98 5/1/28 92 7.950% F 29,576
061 3,969,541 6/30/99 7/1/29 106 8.160% F 29,798
062 3,880,696 10/8/99 11/1/29 110 8.260% F 29,327
063 3,877,930 10/20/99 11/1/29 110 8.080% F 28,835
064 3,825,654 8/5/98 9/1/28 96 6.940% F 25,790
</TABLE>
Page - 32
<PAGE>
<TABLE>
<CAPTION>
REMAIN
CURRENT ORIG LOAN TERM INT
PRINCIPAL NOTE LOAN AMORT IN INT RATE
ASSET NO BALANCE DATE DATE MONTHS RATE TYPE PAYMENT
<S> <C> <C> <C> <C> <C> <C> <C>
065 3,771,112 8/28/98 10/1/23 97 7.260% F 28,034
066 3,578,165 8/11/99 9/1/29 108 8.260% F 27,071
067 3,565,551 6/9/99 7/1/29 106 7.300% F 24,681
068 3,427,400 8/6/99 9/1/29 108 8.240% F 25,894
069 3,322,151 6/25/99 7/1/29 106 7.840% F 24,208
070 3,285,411 8/12/98 9/1/28 336 6.890% F 22,041
071 3,281,720 10/15/99 11/1/29 110 8.160% F 24,583
072 3,280,006 9/24/99 10/1/29 109 8.120% F 24,491
073 3,264,210 10/5/98 11/1/28 338 6.900% F 21,866
074 3,226,549 6/10/99 7/1/29 70 8.350% F 24,645
075 3,178,858 6/18/99 7/1/29 106 8.270% F 24,104
076 3,170,066 8/11/99 9/1/24 288 9.130% F 27,140
077 3,111,838 7/28/99 8/1/24 107 8.210% F 24,752
078 3,006,416 8/23/99 10/1/27 109 8.610% F 23,865
079 2,968,222 8/26/99 9/1/24 108 8.520% F 24,197
080 2,965,298 8/6/99 9/1/24 108 8.070% F 23,294
081 2,898,944 5/27/99 6/1/29 105 7.910% F 21,279
082 2,883,827 9/2/99 10/1/24 109 8.630% F 23,696
083 2,847,159 9/13/99 10/1/24 109 8.450% F 23,053
084 1,289,408 10/26/99 11/1/24 110 8.880% F 10,803
085 1,091,038 10/26/99 11/1/24 110 8.880% F 9,141
086 396,741 10/26/99 11/1/24 110 8.880% F 3,324
087 2,778,001 7/28/99 8/1/29 107 7.810% F 20,176
088 2,680,129 6/24/99 7/1/29 46 8.050% F 19,906
089 843,324 7/30/98 8/1/28 95 7.030% F 5,739
090 1,804,322 7/30/98 8/1/28 95 7.030% F 12,279
091 2,615,013 9/22/99 10/1/29 109 8.340% F 19,925
092 2,535,763 7/31/98 9/1/28 96 7.050% F 17,252
093 2,468,696 8/23/99 9/1/14 168 8.510% F 25,155
094 2,492,993 7/9/99 8/1/19 107 8.190% F 21,598
095 2,474,986 10/15/99 11/1/24 110 7.840% F 19,031
096 2,484,936 9/9/99 10/1/29 109 8.140% F 18,589
097 2,484,149 8/30/99 9/1/29 108 8.360% F 18,975
098 2,451,581 8/19/98 9/1/28 336 6.870% F 16,415
099 2,448,577 1/9/98 2/1/28 89 7.740% F 17,893
100 2,436,377 9/7/99 10/1/29 109 8.140% F 18,217
101 2,410,735 5/27/99 6/1/29 165 7.980% F 17,811
102 2,386,592 9/3/99 10/1/29 109 8.410% F 18,301
103 2,361,110 9/16/98 10/1/23 97 7.110% F 17,310
104 2,362,507 7/21/99 8/1/29 107 8.060% F 17,563
105 2,307,540 10/13/99 11/1/24 110 8.530% F 18,792
106 2,309,770 8/16/99 9/1/29 108 8.240% F 17,451
107 2,309,770 8/6/99 9/1/29 108 8.240% F 17,451
108 2,300,549 8/20/99 9/1/24 108 8.150% F 18,176
109 2,182,100 9/24/99 10/1/24 109 9.280% F 18,886
110 2,171,632 7/21/99 8/1/24 107 7.890% F 16,820
111 2,150,275 6/16/99 7/1/29 106 8.100% F 16,045
112 2,128,935 10/28/99 11/1/24 110 7.950% F 16,523
113 2,115,667 9/3/99 10/1/29 109 8.280% F 16,032
114 2,078,471 9/17/99 10/1/26 232 8.140% F 15,989
115 2,080,443 10/4/99 11/1/29 110 8.170% F 15,599
116 2,039,434 8/14/98 9/1/23 96 6.880% F 14,682
117 2,036,218 6/4/98 7/1/23 94 7.980% F 16,103
118 1,987,423 8/24/99 9/1/29 108 8.390% F 15,223
119 1,958,838 9/10/99 10/1/29 109 7.760% F 14,141
120 1,956,294 1/8/98 2/1/28 29 7.610% F 14,135
121 1,915,233 9/10/99 5/1/25 109 8.120% F 14,294
122 1,894,708 8/11/98 9/1/23 96 6.980% F 13,757
123 1,881,492 10/1/99 10/1/24 110 7.980% F 14,639
124 1,868,734 9/30/99 10/1/29 109 8.160% F 14,005
125 1,858,532 7/12/99 8/1/24 107 7.850% F 14,347
126 1,825,696 6/4/99 7/1/24 106 7.750% F 13,989
127 1,791,707 10/13/99 11/1/29 110 8.820% F 14,251
128 1,164,553 10/11/99 11/1/29 110 8.490% F 8,988
129 627,067 10/11/99 11/1/29 110 8.490% F 4,840
130 1,790,115 9/29/99 10/1/29 109 8.470% F 13,802
131 1,786,895 8/23/99 9/1/29 108 7.840% F 13,008
132 1,772,951 5/28/99 6/1/24 105 7.880% F 13,750
133 1,763,041 6/26/98 7/1/28 334 6.940% F 11,903
</TABLE>
Page - 33
<PAGE>
<TABLE>
<CAPTION>
REMAIN
CURRENT ORIG LOAN TERM INT
PRINCIPAL NOTE LOAN AMORT IN INT RATE
ASSET NO BALANCE DATE DATE MONTHS RATE TYPE PAYMENT
<S> <C> <C> <C> <C> <C> <C> <C>
134 1,750,828 9/4/98 10/1/23 97 6.900% F 12,607
135 1,754,263 7/13/99 8/1/24 107 8.330% F 14,080
136 1,753,200 5/26/99 6/1/29 105 7.900% F 12,857
137 1,728,757 7/14/99 8/1/24 107 8.200% F 13,739
138 1,664,164 7/21/99 8/1/29 107 8.280% F 12,619
139 1,654,200 7/22/98 8/1/23 155 7.510% F 12,574
140 1,628,769 9/28/99 10/1/19 229 7.890% F 13,763
141 1,640,544 9/23/99 10/1/29 109 8.320% F 12,477
142 1,634,343 9/8/99 10/1/24 109 8.550% F 13,342
143 1,631,097 8/4/99 9/1/24 108 8.120% F 12,866
144 1,625,897 10/5/99 11/1/24 110 8.130% F 12,799
145 1,629,982 9/10/99 10/1/29 109 8.090% F 12,137
146 1,604,031 9/10/99 10/1/29 109 8.140% F 11,993
147 1,588,494 7/6/99 8/1/29 107 8.140% F 11,897
148 1,555,527 6/3/99 7/1/24 106 8.450% F 12,629
149 1,540,865 9/21/99 10/1/29 109 8.220% F 11,612
150 1,540,506 9/22/99 10/1/29 109 8.080% F 11,460
151 1,540,223 8/13/99 9/1/29 108 8.110% F 11,492
152 1,512,086 8/23/99 9/1/09 108 8.300% F 12,107
153 1,506,407 8/3/98 9/1/23 96 7.270% F 11,223
154 1,485,883 9/20/99 10/1/24 109 8.590% F 12,170
155 1,485,956 9/10/99 10/1/24 109 8.180% F 11,757
156 1,490,057 7/21/99 8/1/29 107 8.190% F 11,206
157 1,474,189 9/8/99 10/1/19 109 8.300% F 12,828
158 1,457,148 8/20/98 9/1/23 276 7.180% F 10,775
159 1,447,970 5/25/99 6/1/29 105 8.200% F 10,917
160 1,416,808 6/21/99 7/1/19 166 8.030% F 12,155
161 1,387,373 10/20/98 11/1/18 218 6.950% F 11,198
162 1,397,820 6/3/99 7/1/24 106 8.400% F 11,303
163 1,384,903 8/13/99 9/1/24 108 8.430% F 11,207
164 1,341,276 8/30/99 9/1/29 108 8.290% F 10,180
165 1,332,833 7/15/99 8/1/29 107 7.950% F 9,808
166 1,286,868 9/21/99 10/1/24 109 8.240% F 10,241
167 1,287,876 9/27/99 10/1/24 109 8.200% F 10,206
168 1,222,822 10/8/98 11/1/23 98 7.270% F 9,087
169 1,221,655 10/22/99 11/1/29 110 9.010% F 9,882
170 1,189,115 8/2/99 9/1/24 108 8.460% F 9,646
171 1,191,059 8/18/99 9/1/29 168 7.750% F 8,597
172 1,182,578 10/13/99 11/1/29 110 8.770% F 9,361
173 1,169,004 9/10/98 10/1/23 277 7.470% F 8,844
174 1,164,167 10/1/99 11/1/24 110 8.400% F 9,372
175 1,085,659 5/28/99 6/1/24 105 8.280% F 8,695
176 1,068,793 8/19/98 9/1/23 96 7.220% F 7,930
177 1,059,463 5/17/99 6/1/09 105 8.310% F 8,069
178 1,035,326 10/8/99 11/1/29 110 8.620% F 8,085
179 1,012,067 10/28/98 11/1/28 38 7.180% F 6,971
180 1,005,099 8/2/99 9/1/29 108 8.090% F 7,489
181 984,951 9/14/99 10/1/14 169 8.660% F 10,091
182 1,001,332 10/5/99 11/1/29 110 8.100% F 7,459
183 995,326 10/18/99 11/1/29 110 8.770% F 7,881
184 993,361 8/5/99 9/1/29 108 8.190% F 7,471
185 955,860 10/14/99 11/1/29 110 8.770% F 7,566
186 895,291 10/15/99 11/1/29 110 8.370% F 6,837
187 888,267 6/2/99 6/1/24 105 8.280% F 7,114
188 874,688 8/3/98 9/1/23 96 7.270% F 6,517
189 856,411 9/17/98 10/1/23 277 7.010% F 6,225
190 844,581 8/25/99 9/1/29 108 8.340% F 6,440
191 839,788 5/12/99 6/1/24 105 9.000% F 7,133
192 824,634 7/8/99 8/1/29 107 8.520% F 6,394
193 801,528 8/11/98 9/1/23 96 6.960% F 5,810
194 772,933 8/26/99 9/1/14 168 8.250% F 7,761
</TABLE>
Page - 34
<PAGE>
<TABLE>
<CAPTION>
REMAIN
CURRENT ORIG LOAN TERM INT
PRINCIPAL NOTE LOAN AMORT IN INT RATE
ASSET NO BALANCE DATE DATE MONTHS RATE TYPE PAYMENT
<S> <C> <C> <C> <C> <C> <C> <C>
195 776,074 10/15/99 11/1/29 110 8.510% F 6,003
196 756,109 9/28/99 10/1/29 109 8.710% F 5,957
197 744,307 7/26/99 8/1/09 107 7.940% F 5,472
198 727,945 9/22/99 10/1/14 109 8.730% F 7,487
199 718,608 10/6/99 11/1/24 110 8.490% F 5,833
200 709,876 9/13/99 10/1/24 109 8.860% F 5,942
201 665,913 8/12/99 9/1/29 108 8.500% F 5,152
202 653,426 10/29/99 11/1/19 110 8.890% F 5,918
203 653,394 10/7/99 11/1/29 74 9.060% F 5,307
204 637,327 10/18/99 11/1/29 110 9.150% F 5,219
205 606,519 8/11/98 9/1/23 96 6.980% F 4,409
206 551,094 9/28/99 10/1/19 109 8.850% F 4,985
207 537,979 8/2/99 9/1/24 108 8.510% F 4,382
--- ------------- ---------- ---------- ---- -------- ----- -----------
TOTAL 755,716,322
=============
</TABLE>
Page - 35
<PAGE>
<TABLE>
MIDLAND LOAN SERVICES, L.P. - Master Servicer
Loan Portfolio Analysis System - Property Description
PORTFOLIO: PNCMAC 1999 CM1
REPORTING PERIOD: September, 2000
DATE PRINTED: 11-Sept-00
<CAPTION>
ASSET PROP YEAR PROPERTY VALUATION VALUATION
NO NO PROPERTY TYPE CITY STATE ZIP BUILT UNITS NET SF VALUE DATE SOURCE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
001 1 Retail SARASOTA SPRINGS NY 12866 1990 N/A 540,022 N/A N/A N/A
002 1 Retail LANSING MI 48912 1950 N/A 450,597 N/A N/A N/A
003 1 Multifamily ALEXANDRIA VA 22312 1965 307 289,635 9,800,000 06/13/99 MAI APPRAISAL
003 2 Multifamily ATLANTA GA 30349 1988 216 192,072 N/A N/A N/A
003 3 Multifamily WALDORF MD 20601 1974 143 130,386 N/A N/A N/A
004 1 Office PALO ALTO CA 94302 1983 12 70,816 35,000,000 08/17/99 APPRAISAL (NON-MAI)
005 1 Multifamily OKLAHOMA CITY OK 73112 1984 498 363,073 17,500,000 07/10/99 MAI APPRAISAL
006 1 Multifamily TULSA OK 74145 1973 467 N/A N/A N/A N/A
007 1 Office MEMPHIS TN 38112 1984 2 127,333 16,500,000 03/30/99 MAI APPRAISAL
008 1 Industrial BOSTON MA 02118 1900 N/A 155,902 16,331,000 05/27/99 UNDERWRITERS VALUE
009 1 Multifamily NEW YORK NY 10019 1925 39 46,053 N/A N/A N/A
010 1 Manufactured DOVER PA 17315 1985 140 N/A 3,500,000 08/14/98 MAI APPRAISAL
010 2 Manufactured NEWBERRY PA 17370 1972 N/A N/A 2,350,000 08/14/98 MAI APPRAISAL
010 3 Manufactured YORK PA 17402 1985 N/A N/A 4,625,000 08/14/98 MAI APPRAISAL
010 4 Manufactured HELLAM TOWNSHIP PA N/A 1980 N/A N/A 4,700,000 08/14/98 MAI APPRAISAL
011 1 Multifamily LAUDERHILL FL 33313 1988 405 387,673 N/A N/A N/A
012 1 Retail JENSEN BEACH FL 34994 1998 5 99,805 N/A N/A N/A
013 1 Multifamily EL PASO TX 79925 1985 352 N/A 13,200,000 08/04/98 MAI APPRAISAL
014 1 Lodging WEST LOS ANGELES CA 90048 1984 N/A N/A 18,600,000 06/02/99 MAI APPRAISAL
015 1 Multifamily KINGWOOD TX 77339 1977 260 N/A 12,454,000 05/19/99 UNDERWRITERS VALUE
016 1 Multifamily NORTH LITTLE ROCK AR 72116 1967 109 119,973 5,670,000 07/13/99 UNDERWRITERS VALUE
017 1 Retail NORTH LITTLE ROCK AR 72116 1984 26 39,900 2,450,000 07/08/99 UNDERWRITERS VALUE
018 1 Retail NORTH LITTLE ROCK AR 72116 1986 7 30,040 1,640,000 06/12/99 UNDERWRITERS VALUE
019 1 Retail SHERWOOD AR 72120 1986 N/A 23,450 1,232,000 06/12/99 UNDERWRITERS VALUE
020 1 Retail NORTH LITTLE ROCK AR 72114 1987 N/A 12,000 1,000,000 06/16/99 UNDERWRITERS VALUE
020 2 Retail NORTH LITTLE ROCK AR 72114 1987 N/A N/A N/A N/A N/A
021 1 Retail MANCHESTER/HOOKSETT NH 03104 1983 N/A 115,187 9,386,000 09/17/99 UNDERWRITERS VALUE
022 1 Retail WASHINGTON MI 48094 1998 N/A N/A N/A N/A N/A
023 1 Office SAN DIEGO CA 92130 1985 N/A 67,132 11,663,000 08/06/99 UNDERWRITERS VALUE
024 1 Retail BURBANK CA 91505 1946 N/A 39,967 10,250,000 04/30/99 MAI APPRAISAL
025 1 Multifamily OKLAHOMA CITY OK 73112 1985 262 N/A 9,300,000 07/10/99 MAI APPRAISAL
026 1 Multifamily DALLAS TX 75220 1979 208 159,156 N/A N/A N/A
027 1 Multifamily ORLANDO FL 32812 1973 232 157,116 9,054,000 07/23/99 UNDERWRITERS VALUE
028 1 Retail SELMA CA 93662 1999 N/A 77,383 8,855,000 05/19/99 MAI APPRAISAL
029 1 Office HOLMDEL NJ 07733 1990 N/A 120,160 9,290,000 07/19/99 UNDERWRITERS VALUE
030 1 Multifamily WACO TX 76710 1978 327 218,600 9,590,000 07/27/99 MAI APPRAISAL
031 1 Multifamily VICTORIA TX 77904 1982 288 N/A 8,308,000 06/29/99 UNDERWRITERS VALUE
032 1 Multifamily REVERE MA 02151 1987 72 N/A 8,542,000 08/25/99 UNDERWRITERS VALUE
033 1 Multifamily OKLAHOMA CITY OK 73162 1983 400 N/A 8,377,000 09/07/99 UNDERWRITERS VALUE
034 1 Lodging BROOKFIELD WI 53005 1997 N/A 49,864 9,200,000 07/01/99 MAI APPRAISAL
035 1 Retail PITTSFIELD MA 01201 1970 6 127,594 8,667,000 04/22/99 UNDERWRITERS VALUE
036 1 Office LOUISVILLE KY 40222 1975 N/A 105,116 8,291,000 07/16/99 UNDERWRITERS VALUE
037 1 Multifamily MESA AZ 85204 1983 209 N/A 7,000,000 11/06/97 MAI APPRAISAL
038 1 Lodging EDEN PRAIRIE MN 55344 1997 103 46,335 8,600,000 07/01/99 MAI APPRAISAL
039 1 Retail OMAHA NE 68137 1990 N/A 90,420 7,000,000 05/26/99 MAI APPRAISAL
040 1 Retail SUN CITY CA 92586 1965 N/A 83,513 7,530,000 03/06/98 MAI APPRAISAL
041 1 Multifamily HAVERHILL MA 01830 1979 117 N/A 6,977,000 09/07/99 UNDERWRITERS VALUE
042 1 Office NEW BRIGHTON MN 55112 1990 N/A 68,043 7,216,000 08/18/99 UNDERWRITERS VALUE
043 1 Multifamily STATE COLLEGE PA 16803 1998 86 N/A 6,979,000 07/21/99 UNDERWRITERS VALUE
044 1 Office COLORADO SPRINGS CO 80918 1983 N/A 79,645 7,162,000 05/11/99 UNDERWRITERS VALUE
045 1 Multifamily ANDERSON IN 46011 1970 168 152,170 6,560,000 09/07/99 MAI APPRAISAL
046 1 Multifamily KILLEEN TX 76543 1974 200 152,000 N/A N/A N/A
047 1 Multifamily AZUSA CA 91702 1987 122 N/A 6,400,000 11/12/97 MAI APPRAISAL
048 1 Industrial PACOIMA CA 91331 1990 N/A 68,403 4,422,000 07/16/99 UNDERWRITERS VALUE
049 1 Industrial SYLMAR CA 91342 1982 N/A 43,850 2,218,000 06/18/99 UNDERWRITERS VALUE
050 1 Office MAITLAND FL 32751 1984 N/A 59,997 6,243,000 08/05/99 UNDERWRITERS VALUE
051 1 Office DECATUR GA 30030 1976 N/A 61,028 6,208,000 08/16/99 UNDERWRITERS VALUE
052 1 Office BOSTON MA 02111 1899 N/A 44,985 6,250,000 01/01/98 MAI APPRAISAL
053 1 Office NEWARK NJ 07105 1930 1 303,711 6,400,000 06/14/99 MAI APPRAISAL
054 1 Multifamily SPOKANE WA 99207 1997 132 112,068 6,366,000 09/21/99 UNDERWRITERS VALUE
055 1 Retail CHULA VISTA CA 91910 1998 N/A 38,966 5,616,000 04/23/99 UNDERWRITERS VALUE
056 1 Warehouse NORWOOD MA 02062 1979 N/A 73,367 5,646,000 09/17/99 UNDERWRITERS VALUE
057 1 Retail SANTA MARIA CA 93454 1999 N/A 25,788 5,630,000 04/05/99 UNDERWRITERS VALUE
058 1 Retail NORWALK CT 06851 1974 N/A 44,247 6,850,000 04/01/99 MAI APPRAISAL
059 1 Lodging THORNTON CO 80233 1984 135 N/A 8,275,000 08/01/99 MAI APPRAISAL
060 1 Multifamily CAPE CANAVERAL FL 32920 1966 216 158,160 5,300,000 03/31/98 MAI APPRAISAL
</TABLE>
Page - 36
<PAGE>
<TABLE>
<CAPTION>
ASSET PROP YEAR PROPERTY VALUATION VALUATION
NO NO PROPERTY TYPE CITY STATE ZIP BUILT UNITS NET SF VALUE DATE SOURCE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
061 1 Multifamily DALLAS TX 75243 1969 158 131,570 5,050,000 06/04/99 MAI APPRAISAL
062 1 Office LOS ANGELES CA 91307 1981 N/A 52,658 N/A N/A N/A
063 1 Office MIAMI FL 33172 1983 18 57,244 5,200,000 09/01/99 MAI APPRAISAL
064 1 Multifamily MIDWEST CITY OK 73110 1974 287 N/A 5,523,000 09/17/99 UNDERWRITERS VALUE
065 1 Lodging SOUTH BURLINGTON VT 05403 1988 N/A 33,600 5,355,000 09/03/99 UNDERWRITERS VALUE
066 1 Office COLORADO SPRINGS CO 80903 1999 N/A 36,061 5,076,000 08/09/99 UNDERWRITERS VALUE
067 1 Multifamily ALVIN TX 77511 1977 152 116,926 4,500,000 05/12/99 MAI APPRAISAL
068 1 Office UPPER DUBLIN PA 19034 1958 N/A 41,744 4,508,000 06/18/99 UNDERWRITERS VALUE
069 1 Multifamily DESOTO TX 75115 1984 128 N/A 4,273,000 07/23/99 UNDERWRITERS VALUE
070 1 Multifamily STATE COLLEGE PA 16803 1996 59 N/A 4,910,000 09/17/99 UNDERWRITERS VALUE
071 1 Office ST HELENA CA 94574 1912 N/A 23,726 4,800,000 07/26/99 MAI APPRAISAL
072 1 Industrial MILWAUKEE MI 48604 1996 N/A 92,052 4,200,000 07/07/99 MAI APPRAISAL
073 1 Retail BOWLING GREEN OH 43402 1970 N/A 91,325 4,150,000 06/09/98 MAI APPRAISAL
074 1 Multifamily BEDFORD TX 76022 1969 136 119,046 4,450,000 04/21/99 MAI APPRAISAL
075 1 Retail OCEANSIDE CA 92054 1980 N/A 35,368 4,355,000 05/14/99 UNDERWRITERS VALUE
076 1 Office WILLIAMSPORT PA 17701 1934 N/A 90,258 4,500,000 06/01/99 APPRAISAL (NON-MAI)
076 2 Office WILLIAMSPORT PA 17701 1934 N/A N/A N/A N/A N/A
076 3 Office WILLIAMSPORT PA 17701 1934 N/A N/A N/A N/A N/A
076 4 Office WILLIAMSPORT PA 17701 1934 N/A N/A N/A N/A N/A
076 5 Office WILLIAMSPORT PA 17701 1934 N/A N/A N/A N/A N/A
077 1 Retail WATERFORD CT 06385 1986 N/A 20,531 4,200,000 06/22/99 MAI APPRAISAL
078 1 Office CERRITOS CA 90701 1972 34 78,614 4,430,000 04/08/99 MAI APPRAISAL
079 1 Retail AURORA 08 80011 1980 N/A 81,308 4,463,000 06/29/99 UNDERWRITERS VALUE
080 1 Office HACKETTSTOWN NJ 07840 1988 N/A 65,671 4,033,000 06/08/99 UNDERWRITERS VALUE
081 1 Office FT LAUDERDALE FL 33309 1982 N/A 39,978 3,910,000 05/06/99 UNDERWRITERS VALUE
082 1 Self Storage FREEPORT NY 11520 1969 469 13,100 3,990,000 07/20/99 UNDERWRITERS VALUE
083 1 Retail ATLANTA GA 30306 1920 N/A 3,812 N/A N/A N/A
083 2 Retail ATLANTA GA 30306 1927 N/A N/A N/A N/A N/A
083 3 Retail ATLANTA GA 30306 1960 N/A N/A N/A N/A N/A
083 4 Retail ATLANTA GA 30306 1940 N/A N/A N/A N/A N/A
084 1 Self Storage PALM BAY FL 32909 1986 393 34,813 N/A N/A N/A
084 2 Self Storage MELBOURNE FL 32904 N/A N/A N/A N/A N/A N/A
084 3 Self Storage BRADENTON FL 34207 N/A N/A N/A N/A N/A N/A
085 1 Self Storage BRADENTON FL 34207 1986 485 35,684 1,900,000 08/26/99 MAI APPRAISAL
085 2 Self Storage MELBOURNE FL 32904 N/A N/A N/A N/A N/A N/A
085 3 Self Storage PALM BAY FL 32909 N/A N/A N/A N/A N/A N/A
086 1 Self Storage MELBOURNE FL 32904 1979 214 21,630 N/A N/A N/A
086 2 Self Storage PALM BAY FL 32909 N/A N/A N/A N/A N/A N/A
086 3 Self Storage BRADENTON FL 34207 N/A N/A N/A N/A N/A N/A
087 1 Multifamily UPPER DARBY PA 19082 1927 144 76,510 3,854,000 07/23/99 UNDERWRITERS VALUE
088 1 Manufactured MONTROSE CO 81401 1979 201 N/A 3,375,000 05/11/99 UNDERWRITERS VALUE
089 1 Multifamily SALEM OR 97306 1997 33 N/A 1,400,000 05/07/98 MAI APPRAISAL
090 1 Multifamily MCMINNVILLE OR 97128 1995 66 N/A 2,550,000 05/07/98 MAI APPRAISAL
091 1 Retail WOODBRIDGE VA 22192 1988 11 27,977 3,600,000 07/08/99 MAI APPRAISAL
092 1 Multifamily DALLAS TX 75219 1926 48 47,687 3,400,000 04/30/98 MAI APPRAISAL
093 1 Office BIG FLATS NY 14845 1968 N/A 35,000 4,000,000 07/01/99 MAI APPRAISAL
094 1 Industrial NORTHBOROUGH MA 01532 1984 N/A 61,280 3,370,000 06/04/99 UNDERWRITERS VALUE
095 1 Retail SAN LEANDRO CA 94579 1986 1 49,050 4,210,000 07/22/99 MAI APPRAISAL
096 1 Multifamily HAMPTON VA 23666 1971 180 140,400 3,171,000 05/21/99 UNDERWRITERS VALUE
097 1 Retail COLUMBIA MD 21045 1987 N/A 24,295 3,620,000 08/30/99 UNDERWRITERS VALUE
098 1 Multifamily BAYSIDE WI 53217 1973 48 55,494 3,206,000 09/24/99 UNDERWRITERS VALUE
099 1 Multifamily JACKSONVILLE FL 32210 1973 123 N/A 2,850,000 12/03/97 MAI APPRAISAL
100 1 Retail SUN CITY CA 92586 1998 N/A 14,200 3,438,000 09/02/99 UNDERWRITERS VALUE
101 1 Multifamily SAN MARCOS TX 78666 1985 125 91,223 3,232,000 04/20/99 UNDERWRITERS VALUE
102 1 Industrial PARK CITY UT 84060 1997 N/A 29,704 3,327,000 08/02/99 UNDERWRITERS VALUE
103 1 Multifamily DALLAS TX 75204 1960 170 N/A 3,775,000 09/08/98 MAI APPRAISAL
104 1 Retail FARRAGUT TN 37922 1984 N/A 54,822 3,232,000 07/20/99 UNDERWRITERS VALUE
105 1 Office HAMPTON VA 23666 1968 N/A 59,125 N/A N/A N/A
106 1 Office PEORIA AZ 85381 1990 N/A 25,801 2,925,000 07/09/99 MAI APPRAISAL
107 1 Retail SANTA MARIA CA 93458 1999 N/A 26,120 3,231,000 08/09/99 UNDERWRITERS VALUE
108 1 Multifamily HOUSTON TX 77055 1970 188 142,680 3,103,000 08/19/99 UNDERWRITERS VALUE
109 1 Lodging WEEKI WACHEE FL 34613 1993 N/A 26,733 3,100,000 09/28/99 UNDERWRITERS VALUE
110 1 Office SPRINGFIELD VA 22150 1982 N/A 40,663 3,399,000 07/21/99 UNDERWRITERS VALUE
111 1 Multifamily MERIDIAN MS 39302 1976 104 N/A 2,745,000 05/07/99 UNDERWRITERS VALUE
112 1 Multifamily ARLINGTON TX 76014 1984 100 N/A 3,094,000 08/18/99 UNDERWRITERS VALUE
113 1 Office CLEARWATER FL 33756 1983 N/A 38,305 2,945,000 08/24/99 UNDERWRITERS VALUE
114 1 Retail ATLANTA GA 30319 1998 1 10,125 2,400,000 06/04/99 MAI APPRAISAL
115 1 Retail ROSTRAVER PA 15012 1999 N/A 24,049 2,660,000 07/20/99 UNDERWRITERS VALUE
116 1 Multifamily MANCHESTER NH 03103 1980 96 N/A 2,677,000 10/13/99 UNDERWRITERS VALUE
117 1 Retail SAN DIEGO CA 92154 1980 N/A 27,600 2,950,000 09/10/99 UNDERWRITERS VALUE
118 1 Office MANASSAS VA 22110 1987 N/A 39,091 2,692,000 08/23/99 UNDERWRITERS VALUE
119 1 Retail SALINA NY 13088 1999 N/A 11,317 2,477,000 08/10/99 UNDERWRITERS VALUE
120 1 Multifamily LAWRENCE KS 66047 1982 38 47,258 2,599,000 09/02/99 UNDERWRITERS VALUE
</TABLE>
Page - 37
<PAGE>
<TABLE>
<CAPTION>
ASSET PROP YEAR PROPERTY VALUATION VALUATION
NO NO PROPERTY TYPE CITY STATE ZIP BUILT UNITS NET SF VALUE DATE SOURCE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
121 1 Multifamily GRESHAM OR 97080 1992 72 67,022 3,770,000 08/05/99 MAI APPRAISAL
122 1 Multifamily WEST MONROE LA 71291 1973 120 98,088 2,825,000 07/08/98 MAI APPRAISAL
123 1 Multifamily MELBOURNE FL 32901 1965 120 N/A 2,607,000 08/23/99 UNDERWRITERS VALUE
124 1 Multifamily LOS ANGELES CA 90007 1989 26 N/A 2,467,000 07/26/99 UNDERWRITERS VALUE
125 1 Multifamily OKLAHOMA CITY OK 73107 1972 110 103,740 2,657,000 07/06/99 UNDERWRITERS VALUE
126 1 Warehouse COLUMBUS OH 43228 1998 N/A 72,000 2,570,000 05/03/99 UNDERWRITERS VALUE
127 1 Retail WHITE BEAR LAKE MN 55402 1974 N/A 54,165 N/A N/A N/A
128 1 Manufactured MORAVIA NY 13118 1970 N/A N/A N/A N/A N/A
128 2 Manufactured ERIN NY N/A 1970 N/A N/A N/A N/A N/A
129 1 Manufactured ERIN NY N/A 1970 149 N/A N/A N/A N/A
129 2 Manufactured ERIN NY N/A 1970 N/A N/A N/A N/A N/A
130 1 Retail TUCSON AZ 85704 1998 N/A 16,650 2,750,000 07/23/99 MAI APPRAISAL
131 1 Retail CLAY NY 13088 1998 N/A 11,347 2,425,000 07/06/99 UNDERWRITERS VALUE
132 1 Multifamily TAYLORSVILLE UT 84119 1968 57 45,827 2,370,000 05/27/99 UNDERWRITERS VALUE
133 1 Multifamily PHILADELPHIA PA 19116 1962 72 N/A 2,300,000 04/22/98 MAI APPRAISAL
134 1 Multifamily LAWRENCE KS 66044 1962 100 N/A 2,250,000 06/16/98 MAI APPRAISAL
135 1 Multifamily BATON ROUGE LA 70805 1968 183 N/A 2,368,000 07/12/99 UNDERWRITERS VALUE
136 1 Office HENDERSON NV 89014 1996 N/A 13,800 2,391,000 05/21/99 UNDERWRITERS VALUE
137 1 Office BEL AIR MD 21014 1989 N/A 38,016 2,643,000 07/01/99 UNDERWRITERS VALUE
138 1 Office LAS VEGAS NV 89118 1998 N/A 11,991 2,171,000 07/15/99 UNDERWRITERS VALUE
139 1 Multifamily COLLEGE STATION TX 77840 1982 80 N/A 2,200,000 06/12/98 MAI APPRAISAL
140 1 Retail ANDERSON IN 46016 1998 N/A 10,125 1,997,000 08/10/99 UNDERWRITERS VALUE
141 1 Office INDIANAPOLIS IN 46219 1986 10 45,200 N/A N/A N/A
142 1 Retail EAGLE-VAIL CO 81620 1975 N/A 14,350 2,530,000 07/01/99 MAI APPRAISAL
143 1 Multifamily COVINGTON GA 30015 1985 64 N/A 2,587,000 06/28/99 UNDERWRITERS VALUE
144 1 Self Storage SMITHVILLE NJ 08201 1988 438 N/A 2,192,000 08/06/99 UNDERWRITERS VALUE
145 1 Multifamily AUSTIN TX 78704 1979 62 48,450 2,114,000 09/03/99 UNDERWRITERS VALUE
146 1 Multifamily ASHFORD CT 06278 1969 52 N/A 2,117,000 08/31/99 UNDERWRITERS VALUE
147 1 Office HALF MOON BAY CA 94019 1998 N/A 8,365 2,505,000 05/21/99 UNDERWRITERS VALUE
148 1 Retail TEMPE AZ 85281 1987 N/A 22,525 2,222,000 06/01/99 UNDERWRITERS VALUE
149 1 Multifamily SAN FRANCISCO CA 94123 1920 27 11,740 N/A N/A N/A
150 1 Office ROCKVILLE CENTRE NY 11570 1949 N/A 12,290 2,044,000 08/03/99 UNDERWRITERS VALUE
151 1 Multifamily LUBBOCK TX 79424 1984 36 45,813 1,980,000 06/21/99 MAI APPRAISAL
152 1 Office JACKSONVILLE FL 32207 1975 N/A 42,564 2,176,000 07/20/99 UNDERWRITERS VALUE
153 1 Multifamily NORMAN OK 73071 1972 121 101,382 2,200,000 03/09/98 MAI APPRAISAL
154 1 Manufactured BOKEELIA FL 33922 1982 11 N/A 2,188,000 08/27/99 UNDERWRITERS VALUE
155 1 Office TACOMA WA 98402 1942 N/A 34,156 2,565,000 09/02/99 UNDERWRITERS VALUE
156 1 Industrial PACOIMA CA 91331 1987 N/A 36,516 2,110,000 06/11/99 UNDERWRITERS VALUE
157 1 Retail INDIANAPOLIS IN 46231 1976 N/A 59,124 2,445,000 07/28/99 UNDERWRITERS VALUE
158 1 Retail HAMPTON TOWNSHIP PA 15101 1981 10 54,000 2,300,000 06/03/98 MAI APPRAISAL
159 1 Retail SILVERTHORNE CO 80498 1992 N/A 10,030 1,973,000 04/14/99 UNDERWRITERS VALUE
160 1 Multifamily ANKENY IA 50021 1989 51 N/A 2,089,000 04/29/99 UNDERWRITERS VALUE
161 1 Industrial EAGLE ID 83616 1990 N/A 52,080 2,200,000 09/01/98 MAI APPRAISAL
162 1 Office NASHUA NH 03063 1982 N/A 19,563 2,102,000 05/18/99 UNDERWRITERS VALUE
163 1 Self Storage MIDLAND TX 79705 1975 386 N/A 2,000,000 06/28/99 MAI APPRAISAL
164 1 Multifamily STOCKTON CA 95207 1984 28 46,110 N/A N/A N/A
165 1 Multifamily BOCA RATON FL 33428 1986 36 N/A 1,732,000 06/10/99 UNDERWRITERS VALUE
166 1 Multifamily PHOENIX AZ 85015 1972 76 64,676 1,782,000 07/23/99 UNDERWRITERS VALUE
167 1 Multifamily MONROE LA 71203 1974 81 70,005 1,700,000 08/21/99 MAI APPRAISAL
168 1 Multifamily LAWRENCE KS 66046 1961 64 46,900 1,575,000 08/04/98 MAI APPRAISAL
169 1 Office HOUSTON TX 77057 1975 19 37,050 N/A N/A N/A
170 1 Self Storage SACRAMENTO CA 95820 1976 396 N/A 1,700,000 07/30/99 UNDERWRITERS VALUE
171 1 Multifamily LENEXA KS 66219 1998 12 20,760 1,568,000 07/08/99 UNDERWRITERS VALUE
172 1 Retail HIGHLANDS RANCH CO 80126 1998 2 11,042 N/A N/A N/A
173 1 Retail NEW YORK NY 10003 1890 N/A 2,912 1,747,000 10/05/99 UNDERWRITERS VALUE
174 1 Self Storage ANGLETON TX 77516 1995 417 N/A 1,675,000 09/15/99 UNDERWRITERS VALUE
175 1 Office SUNLAND PARK NM 88008 1999 N/A 13,200 1,516,000 05/20/99 UNDERWRITERS VALUE
176 1 Multifamily DALLAS TX 75219 1964 64 N/A 1,515,000 05/27/98 MAI APPRAISAL
177 1 Office SOUTHLAKE TX 76092 1998 N/A 9,986 1,433,000 05/13/99 UNDERWRITERS VALUE
178 1 Multifamily AUSTIN TX 78704 1974 32 26,417 N/A N/A N/A
179 1 Industrial SANTA FE SP CA 90670 1988 N/A 24,823 1,450,000 08/28/98 MAI APPRAISAL
180 1 Office SCOTTSDALE AZ 85260 1985 N/A 16,757 1,438,000 07/28/99 UNDERWRITERS VALUE
181 1 Retail LOS ANGELES CA 90036 1946 9 13,764 N/A N/A N/A
182 1 Multifamily AUSTIN TX 78705 1984 16 14,000 1,470,000 09/02/99 MAI APPRAISAL
183 1 Multifamily LAWRENCE KS 66044 1984 40 34,040 N/A N/A N/A
184 1 Multifamily PHOENIX AZ 85008 1985 32 25,344 1,451,000 08/04/99 UNDERWRITERS VALUE
185 1 Multifamily COLUMBUS OH 43224 1948 68 33,184 1,200,000 08/26/99 MAI APPRAISAL
186 1 Manufactured FRESNO CA 93722 1963 112 N/A 1,600,000 08/16/99 MAI APPRAISAL
187 1 Office SUNLAND PARK NM 88008 1999 N/A 10,815 1,236,000 05/20/99 UNDERWRITERS VALUE
188 1 Multifamily NORMAN OK 73071 1981 96 50,400 1,322,000 09/20/99 UNDERWRITERS VALUE
189 1 Multifamily BRISTOL CT 06010 1965 48 37,380 1,100,000 07/17/98 MAI APPRAISAL
190 1 Multifamily NEW LONDON CT 06320 1920 31 23,600 N/A N/A N/A
191 1 Office RIVERDALE CA 93656 1997 2 9,400 N/A N/A N/A
</TABLE>
Page - 38
<PAGE>
<TABLE>
<CAPTION>
ASSET PROP YEAR PROPERTY VALUATION VALUATION
NO NO PROPERTY TYPE CITY STATE ZIP BUILT UNITS NET SF VALUE DATE SOURCE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
192 1 Office SOUTHLAKE TX 76092 1998 N/A 10,623 1,125,000 05/12/99 UNDERWRITERS VALUE
193 1 Multifamily BATON ROUGE LA 70814 1970 60 N/A 1,210,000 09/02/99 UNDERWRITERS VALUE
194 1 Self Storage EL PASO TX 79912 1993 359 50,560 1,280,000 07/23/99 UNDERWRITERS VALUE
195 1 Multifamily HUNTINGTON BEACH CA 92648 1973 17 15,776 1,550,000 08/20/99 MAI APPRAISAL
196 1 Office NORCROSS GA 30071 1981 12 15,106 N/A N/A N/A
197 1 Multifamily ARLINGTON TX 76011 1986 32 31,478 1,016,000 06/25/99 UNDERWRITERS VALUE
198 1 Industrial LITTLE FALLS NJ 07424 1950 1 27,056 1,400,000 08/17/99 MAI APPRAISAL
199 1 Self Storage SPRING TX 77379 1994 187 N/A 1,001,000 10/05/99 UNDERWRITERS VALUE
200 1 Office ALLENTOWN PA 18103 1969 1 N/A N/A N/A N/A
201 1 Multifamily CARO MI 48723 1972 34 23,280 N/A N/A N/A
202 1 Multifamily HUDSON NH 03051 1968 24 15,387 N/A N/A N/A
203 1 Multifamily AUSTIN TX 78752 1969 30 18,704 N/A N/A N/A
204 1 Office QUEENS VILLAGE NY 12801 1931 6 8,075 N/A N/A N/A
205 1 Multifamily WEST NONROE LA 71291 1971 40 N/A 835,000 07/08/98 MAI APPRAISAL
206 1 Self Storage HOUSTON TX 77055 1971 151 39,240 N/A N/A N/A
206 2 Self Storage HOUSTON TX 77055 1971 152 23,700 N/A N/A N/A
207 1 Self Storage RED BLUFF CA 96080 1975 214 N/A 716,000 07/30/99 UNDERWRITERS VALUE
</TABLE>
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<PAGE>
<TABLE>
MIDLAND LOAN SERVICES, L.P. - Master Servicer
Loan Portfolio Analysis System - Property Performance
PORTFOLIO: PNCMAC 1999 CM1
REPORTING PERIOD: September, 2000
DATE PRINTED: 11-Sept-00
<CAPTION>
BASELINE OR YTD YTD
ASSET PROP MOST RECENT NOI MOST RECENT PERIOD PERIOD PERCENT
NO NO ANNUAL NOI AS OF NOI SOURCE YTD NOI BEGIN ENDING YTD NOI SOURCE OCCUPIED AS OF
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
001 1 5,095,379 6/30/99 BORROWER N/A N/A N/A N/A 91.1% 5/31/00
002 1 N/A N/A N/A N/A N/A N/A N/A 97.0% 3/15/00
003 1 1,525,660 3/1/99 BORROWER 926,900 7/1/99 12/30/99 BORROWER 94.0% 7/25/00
003 2 971,498 3/1/99 BORROWER 498,192 7/1/99 12/30/99 BORROWER 97.6% 7/25/00
003 3 753,811 3/1/99 BORROWER 377,204 7/1/99 12/30/99 BORROWER 98.0% 7/24/00
004 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 6/30/00
005 1 1,727,545 N/A UNDERWRITER 392,122 7/1/99 9/30/99 BORROWER 98.0% 6/22/00
006 1 1,375,969 12/31/99 BORROWER N/A N/A N/A N/A 92.0% 5/25/00
007 1 1,128,619 12/31/98 BORROWER N/A N/A N/A N/A 100.0% 7/20/00
008 1 764,615 N/A UNDERWRITER 962,022 1/1/99 9/30/99 BORROWER 96.0% 3/31/00
009 1 N/A N/A N/A 382,093 1/1/99 8/31/99 BORROWER 95.0% 5/30/00
010 1 327,886 12/31/98 BORROWER 229,158 1/1/99 9/30/99 BORROWER 94.0% 7/25/00
010 2 205,203 12/31/98 BORROWER 137,960 1/1/99 9/30/99 BORROWER 93.0% 7/29/00
010 3 454,889 12/31/98 BORROWER 369,479 1/1/99 9/30/99 BORROWER 99.0% 7/25/00
010 4 429,688 12/31/98 BORROWER 325,849 1/1/99 9/30/99 BORROWER 96.0% 7/25/00
011 1 N/A N/A N/A 496,541 1/1/99 7/31/99 BORROWER 94.0% 7/25/99
012 1 N/A N/A N/A N/A N/A N/A N/A 91.0% 5/30/00
013 1 1,168,912 N/A UNDERWRITER 1,142,714 9/1/98 7/31/99 UNDERWRITER 97.0% 6/22/00
014 1 2,133,223 N/A UNDERWRITER 1,742,726 1/1/99 10/31/99 BORROWER 86.8% 3/31/00
015 1 975,207 N/A UNDERWRITER 419,577 6/1/99 9/30/99 BORROWER 91.0% 3/31/00
016 1 530,850 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 6/30/00
017 1 297,304 N/A UNDERWRITER 234,282 1/1/99 9/30/99 BORROWER 92.0% 3/14/00
018 1 192,818 N/A UNDERWRITER 153,494 1/1/99 9/30/99 BORROWER 100.0% 6/30/00
019 1 125,274 N/A UNDERWRITER 101,106 1/1/99 9/30/99 BORROWER 100.0% 6/26/00
020 1 115,254 N/A UNDERWRITER 84,058 1/1/99 9/30/99 BORROWER 100.0% 2/28/00
020 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A
021 1 1,035,982 N/A UNDERWRITER 814,097 1/1/99 9/30/99 BORROWER 97.9% 12/31/99
022 1 N/A N/A N/A N/A N/A N/A N/A 99.0% 5/25/00
023 1 968,485 N/A UNDERWRITER 886,941 1/1/99 10/31/99 BORROWER 100.0% 4/25/00
024 1 N/A N/A N/A 367,645 9/1/99 12/31/99 BORROWER 100.0% 3/31/00
025 1 924,217 N/A UNDERWRITER 418,738 7/22/99 12/31/99 BORROWER 97.0% 6/22/00
026 1 N/A N/A N/A 140,183 11/1/99 12/31/99 BORROWER 93.0% 6/22/00
027 1 822,355 N/A UNDERWRITER N/A N/A N/A N/A 95.0% 3/31/00
028 1 N/A N/A N/A 186,056 10/1/99 12/31/99 BORROWER 94.0% 5/9/00
029 1 529,909 N/A UNDERWRITER 244,758 7/1/99 9/30/99 BORROWER 92.7% 3/31/00
030 1 N/A N/A N/A N/A N/A N/A N/A 88.4% 12/31/99
031 1 738,288 N/A UNDERWRITER 214,547 7/1/99 9/30/99 BORROWER 89.0% 6/30/00
032 1 744,058 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 8/10/99
033 1 732,472 12/31/99 BORROWER N/A N/A N/A N/A 98.0% 6/22/00
034 1 1,037,376 7/31/99 BORROWER N/A N/A N/A N/A 79.1% 6/30/00
035 1 201,348 N/A UNDERWRITER 467,982 1/1/99 9/30/99 BORROWER 100.0% 8/2/00
036 1 690,437 N/A UNDERWRITER N/A N/A N/A N/A 93.5% 5/23/00
037 1 675,496 N/A UNDERWRITER 488,231 1/1/99 9/30/99 BORROWER 81.0% 6/22/00
038 1 1,086,936 N/A UNDERWRITER 1,053,792 1/1/99 11/30/99 BORROWER 85.2% 6/30/00
039 1 706,288 12/31/98 BORROWER 602,392 1/1/99 11/30/99 BORROWER 98.0% 6/30/00
040 1 900,194 12/31/98 BORROWER 680,803 1/1/99 9/30/99 BORROWER 94.0% 7/1/00
041 1 786,018 N/A UNDERWRITER 476,682 1/1/99 7/31/99 UNDERWRITER 99.0% 3/31/00
042 1 639,702 N/A UNDERWRITER 336,842 1/1/99 5/31/99 UNDERWRITER 100.0% 5/8/00
043 1 117,391 N/A UNDERWRITER 446,595 1/1/99 9/30/99 BORROWER 100.0% 4/27/00
044 1 439,532 12/31/98 SELLER 107,327 5/12/99 6/30/99 BORROWER 100.0% 3/31/00
045 1 511,280 12/31/99 BORROWER N/A N/A N/A N/A 99.0% 6/30/00
</TABLE>
Page - 40
<PAGE>
<TABLE>
<CAPTION>
BASELINE OR YTD YTD
ASSET PROP MOST RECENT NOI MOST RECENT PERIOD PERIOD PERCENT
NO NO ANNUAL NOI AS OF NOI SOURCE YTD NOI BEGIN ENDING YTD NOI SOURCE OCCUPIED AS OF
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
046 1 561,458 12/31/98 BORROWER 107,295 11/1/99 12/31/99 BORROWER 87.0% 6/23/00
047 1 653,515 N/A UNDERWRITER N/A N/A N/A N/A 93.0% 12/31/99
048 1 384,357 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 9/7/99
049 1 214,711 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 8/2/99
050 1 609,885 N/A UNDERWRITER 258,913 1/1/99 6/30/99 BORROWER 100.0% 5/25/00
051 1 672,989 N/A UNDERWRITER 325,700 1/1/99 6/30/99 UNDERWRITER 95.0% 4/1/00
052 1 531,212 N/A UNDERWRITER 509,799 1/1/99 9/30/99 BORROWER 100.0% 12/31/99
053 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 1/4/00
054 1 593,970 N/A UNDERWRITER 324,606 1/1/99 9/30/99 BORROWER 100.0% 3/31/00
055 1 502,890 N/A UNDERWRITER 352,055 1/1/99 9/30/99 BORROWER 100.0% 3/1/00
056 1 477,254 N/A UNDERWRITER 288,986 1/1/99 6/30/99 UNDERWRITER 100.0% 12/31/99
057 1 510,585 N/A UNDERWRITER 131,735 5/1/99 7/31/99 BORROWER 100.0% 7/1/00
058 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 1/31/00
059 1 N/A N/A N/A N/A N/A N/A N/A 76.4% 12/31/99
060 1 519,008 12/31/99 BORROWER N/A N/A N/A N/A 94.0% 7/1/00
061 1 N/A N/A N/A 235,284 1/1/99 5/31/99 BORROWER 97.0% 12/31/99
062 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 5/1/00
063 1 N/A N/A N/A N/A N/A N/A N/A 90.0% 6/30/00
064 1 603,719 N/A UNDERWRITER 491,889 1/1/99 9/30/99 BORROWER 97.0% 3/31/00
065 1 720,273 N/A UNDERWRITER 589,393 1/1/99 9/30/99 BORROWER 78.5% 12/31/99
066 1 438,401 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 5/1/00
067 1 396,359 N/A UNDERWRITER 152,022 6/1/99 9/30/99 BORROWER 98.0% 6/30/00
068 1 444,017 N/A UNDERWRITER 279,860 1/1/99 9/30/99 BORROWER 100.0% 6/30/00
069 1 386,251 N/A UNDERWRITER 296,161 1/1/99 9/30/99 BORROWER 99.2% 6/30/00
070 1 573,045 N/A UNDERWRITER 409,006 1/1/99 9/30/99 BORROWER 100.0% 9/30/99
071 1 480,782 12/31/98 BORROWER 322,224 1/1/99 8/31/99 BORROWER 100.0% 5/10/00
072 1 418,468 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 3/7/00
073 1 317,357 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 12/31/99
074 1 377,246 12/31/98 BORROWER 264,025 1/1/99 7/25/99 BORROWER 85.0% 6/25/00
075 1 452,866 N/A UNDERWRITER 230,248 7/1/99 12/31/99 BORROWER 92.8% 1/1/00
076 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 12/31/99
076 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A
076 3 N/A N/A N/A N/A N/A N/A N/A N/A N/A
076 4 N/A N/A N/A N/A N/A N/A N/A N/A N/A
076 5 N/A N/A N/A N/A N/A N/A N/A N/A N/A
077 1 401,355 N/A UNDERWRITER 192,657 1/1/99 9/30/99 BORROWER 100.0% 8/2/00
078 1 386,475 12/31/98 BORROWER 303,644 1/1/99 8/31/99 BORROWER 100.0% 5/9/00
079 1 462,216 N/A UNDERWRITER 299,689 1/1/99 9/30/99 BORROWER 84.0% 4/4/00
080 1 472,590 N/A UNDERWRITER 357,000 1/1/99 9/30/99 BORROWER 100.0% 12/31/99
081 1 235,916 N/A UNDERWRITER 94,139 7/1/99 9/30/99 BORROWER 100.0% 4/15/99
082 1 435,014 N/A UNDERWRITER N/A N/A N/A N/A 97.9% 12/31/99
083 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 3/31/00
083 2 N/A N/A N/A N/A N/A N/A N/A 100.0% 3/31/00
083 3 N/A N/A N/A N/A N/A N/A N/A 100.0% 3/31/00
083 4 N/A N/A N/A N/A N/A N/A N/A 86.0% 3/31/00
084 1 124,139 12/31/98 BORROWER 91,526 1/1/99 7/31/99 BORROWER 100.0% 5/22/00
084 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A
084 3 N/A N/A N/A N/A N/A N/A N/A N/A N/A
085 1 140,688 12/31/98 BORROWER 85,048 1/1/99 7/31/99 BORROWER 100.0% 5/22/00
085 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A
085 3 N/A N/A N/A N/A N/A N/A N/A N/A N/A
086 1 72,826 12/31/98 BORROWER 46,512 1/1/99 7/31/99 BORROWER 100.0% 5/22/00
086 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A
086 3 N/A N/A N/A N/A N/A N/A N/A N/A N/A
087 1 381,876 N/A UNDERWRITER N/A N/A N/A N/A 97.0% 3/31/00
088 1 285,977 N/A UNDERWRITER 263,263 1/1/99 9/30/99 BORROWER 99.0% 6/30/00
</TABLE>
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<PAGE>
<TABLE>
<CAPTION>
BASELINE OR YTD YTD
ASSET PROP MOST RECENT NOI MOST RECENT PERIOD PERIOD PERCENT
NO NO ANNUAL NOI AS OF NOI SOURCE YTD NOI BEGIN ENDING YTD NOI SOURCE OCCUPIED AS OF
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
089 1 114,169 12/31/98 BORROWER 105,013 1/1/99 9/30/99 BORROWER 100.0% 7/19/00
090 1 224,573 N/A UNDERWRITER 192,291 1/1/99 9/30/99 BORROWER 100.0% 7/19/00
091 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 5/31/00
092 1 316,211 N/A UNDERWRITER 420,194 1/1/99 10/30/99 BORROWER 99.0% 2/2/00
093 1 250,447 N/A UNDERWRITER 221,123 1/1/99 9/30/99 BORROWER 100.0% 8/12/99
094 1 297,827 N/A UNDERWRITER 272,173 1/1/99 9/30/99 BORROWER 100.0% 12/31/99
095 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 2/20/00
096 1 331,184 N/A UNDERWRITER 212,056 1/1/99 9/25/99 BORROWER 85.0% 3/27/00
097 1 356,689 N/A UNDERWRITER 241,266 1/1/99 9/30/99 BORROWER 95.0% 3/31/00
098 1 257,767 N/A UNDERWRITER 202,127 1/1/99 9/30/99 BORROWER 100.0% 1/31/00
099 1 206,475 N/A UNDERWRITER 243,682 1/1/99 9/30/99 BORROWER 97.0% 7/3/00
100 1 294,327 N/A UNDERWRITER 124,640 1/1/99 9/30/99 BORROWER 100.0% 6/6/00
101 1 307,418 N/A UNDERWRITER 311,948 1/1/99 9/20/99 BORROWER 96.0% 3/1/00
102 1 58,895 N/A UNDERWRITER 189,715 1/1/99 9/30/99 BORROWER 96.0% 5/15/00
103 1 299,029 N/A UNDERWRITER 94,620 1/1/99 6/30/99 UNDERWRITER 95.0% 4/30/00
104 1 319,546 N/A UNDERWRITER 462,582 1/1/99 9/30/99 BORROWER 86.0% 5/25/00
105 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 8/7/00
106 1 89,712 N/A UNDERWRITER 45,789 8/1/99 9/30/99 BORROWER 94.0% 3/14/00
107 1 277,217 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 7/1/00
108 1 354,542 N/A UNDERWRITER 178,857 6/10/99 10/31/99 BORROWER 99.0% 5/23/00
109 1 644,132 N/A UNDERWRITER N/A N/A N/A N/A 78.0% 6/8/99
110 1 528,216 N/A UNDERWRITER 375,468 1/1/99 9/30/99 BORROWER 100.0% 5/1/00
111 1 251,207 N/A UNDERWRITER 130,448 1/1/99 9/30/99 BORROWER 84.0% 6/30/00
112 1 335,711 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 6/20/00
113 1 154,618 N/A UNDERWRITER 201,133 1/1/99 9/30/99 BORROWER 93.0% 6/30/00
114 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
115 1 237,701 N/A UNDERWRITER 121,174 1/1/99 9/30/99 BORROWER 100.0% 6/30/00
116 1 235,548 12/31/97 BORROWER 185,063 1/1/99 9/30/99 BORROWER 97.0% 5/1/00
117 1 238,496 N/A UNDERWRITER 230,636 1/1/99 9/30/99 BORROWER 91.0% 3/31/00
118 1 281,798 N/A UNDERWRITER 99,782 1/1/99 4/30/99 UNDERWRITER 100.0% 8/6/99
119 1 205,285 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 6/1/99
120 1 263,656 N/A UNDERWRITER 117,994 1/1/99 6/30/99 BORROWER 100.0% 3/23/00
121 1 260,597 N/A UNDERWRITER 135,165 1/1/99 6/30/99 UNDERWRITER 94.0% 5/24/00
122 1 178,514 12/31/99 BORROWER N/A N/A N/A N/A 81.6% 12/31/99
123 1 260,551 N/A UNDERWRITER 216,090 1/1/99 9/30/99 BORROWER 92.0% 7/1/00
124 1 225,989 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 1/31/00
125 1 261,220 N/A UNDERWRITER 153,617 1/1/99 9/30/99 BORROWER 95.0% 3/31/00
126 1 238,539 N/A UNDERWRITER 44,500 1/1/99 9/30/99 BORROWER 100.0% 12/31/99
127 1 223,870 12/31/98 BORROWER N/A N/A N/A N/A 97.2% 12/31/99
128 1 N/A N/A N/A 55,650 1/1/99 8/31/99 FILE 87.0% 5/22/00
128 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A
129 1 N/A N/A N/A N/A N/A N/A N/A 99.0% 5/22/00
129 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A
130 1 N/A N/A N/A 66,894 7/1/99 12/31/99 BORROWER 100.0% 12/31/99
131 1 201,732 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 8/25/99
132 1 243,909 N/A UNDERWRITER 153,155 1/1/99 9/30/99 BORROWER 93.0% 12/31/99
133 1 228,990 N/A UNDERWRITER 181,156 1/1/99 9/30/99 BORROWER 95.8% 4/24/00
134 1 227,651 N/A UNDERWRITER 172,911 1/1/99 9/30/99 BORROWER 94.0% 6/30/00
135 1 330,285 N/A UNDERWRITER N/A N/A N/A N/A 99.0% 6/22/99
136 1 217,930 N/A UNDERWRITER 99,329 1/1/99 6/30/99 BORROWER 100.0% 5/26/00
137 1 297,719 12/31/98 BORROWER 247,401 1/1/99 9/30/99 BORROWER 86.4% 1/1/00
138 1 219,455 N/A UNDERWRITER 208,376 1/1/99 9/30/99 BORROWER 100.0% 3/31/00
139 1 252,036 N/A UNDERWRITER 202,183 1/1/99 10/31/99 BORROWER 100.0% 5/20/00
140 1 176,743 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 9/24/99
141 1 209,220 8/30/99 BORROWER N/A N/A N/A N/A 100.0% 6/30/00
142 1 209,786 N/A UNDERWRITER 172,862 1/1/99 9/30/99 BORROWER 100.0% 1/1/00
</TABLE>
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<PAGE>
<TABLE>
<CAPTION>
BASELINE OR YTD YTD
ASSET PROP MOST RECENT NOI MOST RECENT PERIOD PERIOD PERCENT
NO NO ANNUAL NOI AS OF NOI SOURCE YTD NOI BEGIN ENDING YTD NOI SOURCE OCCUPIED AS OF
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
143 1 260,455 N/A UNDERWRITER N/A N/A N/A N/A 95.0% 7/26/99
144 1 211,296 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 3/31/00
145 1 237,234 N/A UNDERWRITER N/A N/A N/A N/A 98.4% 12/31/99
146 1 192,958 N/A UNDERWRITER N/A N/A N/A N/A 94.0% 3/30/00
147 1 195,846 N/A UNDERWRITER 72,354 1/1/99 4/30/99 UNDERWRITER 100.0% 5/23/00
148 1 234,409 N/A UNDERWRITER 187,580 1/1/99 9/30/99 BORROWER 100.0% 3/31/00
149 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 3/31/00
150 1 176,124 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 3/31/00
151 1 147,168 N/A UNDERWRITER 130,348 1/1/99 9/30/99 BORROWER 100.0% 6/30/00
152 1 206,640 N/A UNDERWRITER 167,656 1/1/99 9/30/99 BORROWER 94.0% 6/30/00
153 1 273,987 N/A UNDERWRITER 282,144 1/1/99 10/31/99 BORROWER 95.0% 5/31/00
154 1 254,989 N/A UNDERWRITER 95,133 1/1/99 9/30/99 BORROWER 88.0% 6/30/00
155 1 207,299 N/A UNDERWRITER 181,135 1/1/99 8/31/99 BORROWER 100.0% 4/8/00
156 1 216,625 N/A UNDERWRITER 34,327 8/1/99 9/30/99 BORROWER 100.0% 9/30/99
157 1 128,220 N/A UNDERWRITER 12,651 1/1/99 6/30/99 UNDERWRITER 98.0% 12/31/99
158 1 201,910 N/A UNDERWRITER 254,819 1/1/99 9/30/99 BORROWER 100.0% 3/15/00
159 1 125,194 N/A UNDERWRITER 74,123 5/1/99 9/30/99 BORROWER 100.0% 6/30/00
160 1 218,337 N/A UNDERWRITER 192,220 1/1/99 9/30/99 BORROWER 100.0% 3/31/00
161 1 221,663 12/31/98 BORROWER 189,055 1/1/99 9/30/99 BORROWER 100.0% 6/30/00
162 1 177,537 N/A UNDERWRITER 5,645 1/1/99 9/30/99 BORROWER 100.0% 8/1/00
163 1 209,941 N/A UNDERWRITER 61,100 1/1/99 3/31/99 UNDERWRITER 84.0% 6/30/00
164 1 N/A N/A N/A N/A N/A N/A N/A 98.0% 5/1/00
165 1 161,201 N/A UNDERWRITER 110,258 1/1/99 9/30/99 BORROWER 100.0% 2/1/00
166 1 149,724 12/31/99 BORROWER N/A N/A N/A N/A 95.0% 5/22/00
167 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
168 1 93,559 N/A UNDERWRITER 128,276 10/1/98 6/30/99 UNDERWRITER 99.0% 3/31/00
169 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
170 1 246,422 N/A UNDERWRITER 31,568 8/1/99 9/30/99 BORROWER 98.1% 3/1/00
171 1 135,498 N/A UNDERWRITER N/A N/A N/A N/A 100.0% 6/27/00
172 1 N/A N/A N/A 117,124 1/1/99 10/30/99 BORROWER N/A N/A
173 1 202,830 12/31/98 BORROWER 63,206 1/1/99 6/30/99 BORROWER 100.0% 7/31/99
174 1 150,715 N/A UNDERWRITER 115,949 1/1/99 7/31/99 UNDERWRITER 99.0% 9/22/99
175 1 154,205 N/A UNDERWRITER 86,601 1/1/99 6/30/99 BORROWER 100.0% 6/30/00
176 1 152,655 6/30/99 BORROWER 185,692 1/1/99 9/30/99 BORROWER 97.0% 6/30/00
177 1 132,008 12/31/99 BORROWER 29,708 4/1/99 6/30/99 BORROWER 100.0% 8/2/00
178 1 137,515 12/31/98 BORROWER 94,103 1/1/99 6/10/99 BORROWER 100.0% 7/31/00
179 1 134,400 N/A UNDERWRITER 102,096 1/1/99 9/30/99 BORROWER 100.0% 1/31/00
180 1 123,988 N/A UNDERWRITER 40,106 8/1/99 9/30/99 BORROWER 100.0% 3/31/00
181 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 4/5/00
182 1 117,861 12/31/98 BORROWER N/A N/A N/A N/A N/A N/A
183 1 46,507 12/31/98 BORROWER N/A N/A N/A N/A 100.0% 6/26/00
184 1 124,726 7/31/99 BORROWER 116,250 1/1/99 9/30/99 BORROWER 97.0% 5/5/00
185 1 105,688 12/31/98 BORROWER 96,464 1/1/99 6/30/99 BORROWER N/A N/A
186 1 N/A N/A N/A N/A N/A N/A N/A 96.0% 6/1/00
187 1 125,798 N/A UNDERWRITER 14,276 9/1/99 9/30/99 BORROWER 100.0% 6/30/00
188 1 182,937 N/A UNDERWRITER 145,814 1/1/99 9/30/99 BORROWER 90.0% 5/31/00
189 1 83,889 N/A UNDERWRITER 27,392 1/1/99 9/30/99 BORROWER 89.6% 12/31/99
190 1 N/A N/A N/A N/A N/A N/A N/A 96.8% 4/25/00
191 1 N/A N/A N/A 127,082 1/1/99 10/31/99 BORROWER N/A N/A
192 1 120,223 N/A UNDERWRITER 98,401 1/1/99 9/30/99 BORROWER 100.0% 7/17/00
193 1 115,912 12/31/99 BORROWER N/A N/A N/A N/A 100.0% 12/31/99
194 1 151,459 N/A UNDERWRITER 43,737 1/1/99 5/31/99 UNDERWRITER 88.0% 7/12/99
195 1 87,180 12/31/98 FILE 64,038 1/1/99 8/30/99 FILE 94.0% 5/25/00
196 1 N/A N/A N/A 75,641 1/1/99 8/31/99 BORROWER 100.0% 3/30/00
197 1 89,883 N/A UNDERWRITER 77,860 1/1/99 9/30/99 BORROWER 97.0% 12/31/99
198 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 12/31/99
</TABLE>
Pagpe - 43
<PAGE>
<TABLE>
<CAPTION>
BASELINE OR YTD YTD
ASSET PROP MOST RECENT NOI MOST RECENT PERIOD PERIOD PERCENT
NO NO ANNUAL NOI AS OF NOI SOURCE YTD NOI BEGIN ENDING YTD NOI SOURCE OCCUPIED AS OF
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
199 1 114,043 N/A UNDERWRITER N/A N/A N/A N/A 81.0% 12/31/99
200 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 4/1/00
201 1 102,582 12/31/98 BORROWER N/A N/A N/A N/A 83.0% 4/26/00
202 1 N/A N/A N/A N/A N/A N/A N/A 100.0% 3/31/00
203 1 93,941 12/31/98 BORROWER 34,268 1/1/99 6/30/99 BORROWER 100.0% 4/27/00
204 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A
205 1 76,759 N/A UNDERWRITER 44,669 1/1/99 9/30/99 BORROWER 94.0% 3/31/00
206 1 31,559 12/31/98 BORROWER N/A N/A N/A N/A N/A N/A
206 2 55,777 12/31/98 BORROWER N/A N/A N/A N/A N/A N/A
207 1 73,991 N/A UNDERWRITER 14,880 8/1/99 9/30/99 BORROWER 87.0% 12/31/99
</TABLE>
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<PAGE>
MIDLAND LOAN SERVICES, L.P. - Master Servicer
Loan Portfolio Analysis System - Asset Comments
PORTFOLIO: PNCMAC 1999 CM1
REPORTING PERIOD: September, 2000
DATE PRINTED: 11-Sept-00
LOAN 001 - 1: Latest Annual Statement Comment: 6/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 002 - 1:
LOAN 003 - 1: Latest Annual Statement Comment: 3/1/99 - DEBT
SERVICE PRORATED (47%) BASED ON UNDERWRITTEN NOI. Partial Year Statement
Comment: 12/30/99 - DEBT SERVICE PRORATED (47%) BASED ON UNDERWRITTEN NOI.
LOAN 003 - 2: Latest Annual Statement Comment: 3/1/99 - DEBT
SERVICE PRORATED (29.6%) BASED ON UNDERWRITTEN NOI. Partial Year Statement
Comment: 12/30/99 - DEBT SERVICE PRORATED (29.6%) BASED ON UNDERWRITTEN NOI.
LOAN 003 - 3: Latest Annual Statement Comment: 3/1/99 - DEBT
SERVICE PRORATED (23.4%) BASED ON UNDERWRITTEN NOI. Partial Year Statement
Comment: 12/30/99 - DEBT SERVICE PRORATED (23.4%) BASED ON UNDERWRITTEN NOI.
LOAN 004 - 1:
LOAN 005 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING SYSTEM, CAPITAL
EXPENSES PER BORROWER'S BUDGETED AMOUNT.
LOAN 006 - 1:
LOAN 007 - 1: Latest Annual Statement Comment: 12/31/98 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 008 - 1:
LOAN 009 - 1:
LOAN 010 - 3: Latest Annual Statement Comment: 12/31/98 -
BORROWER REPORTED AN INCREASE IN PARTNER MGMT EXP COMPARED TO LAST YEAR.
PROPERTY TAXES PER BORROWER. INSURANCE NORMALIZED PER 1997 FIGURE. DEBT
SERVICE WAS PRORATED BASED ON UNDERWRITING NOI. Partial Year Statement
Comment: 9/30/99 - NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM
LOAN 010 - 1: Latest Annual Statement Comment: 12/31/98 -
PROPERTY TAXES AND PER BORROWER. INSURANCE NORMALIZED PER 1997 FIGURE. DEBT
SERVICE WAS PRORATED BASED ON UNDERWRITING NOI. Partial Year Statement
Comment: 9/30/99 - NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING
SYSTEM
LOAN 010 - 2: Latest Annual Statement Comment: 12/31/98 -
PROPERTY TAXES PER BORROWER. INSURANCE NORMALIZED PER 1997 FIGURE. DEBT
SERVICE WAS PRORATED BASED ON UNDERWRITING NOI. Partial Year Statement
Comment: 9/30/99 - NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM
LOAN 010 - 4: Latest Annual Statement Comment: 12/31/98 -
INSURANCE PER BORROWER. PROPERTY TAXES NORMALIZED PER UNDERWRITING. DEBT
SERVICE WAS PRORATED BASED ON UNDERWRITING NOI. Partial Year Statement
Comment: 9/30/99 - NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM
LOAN 011 - 1:
LOAN 012 - 1:
LOAN 013 - 1:
LOAN 014 - 1: Partial Year Statement Comment: 10/31/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 015 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
Page - 45
<PAGE>
LOAN 016 - 1: Latest Annual Statement Comment: 12/31/99 -
NORMALIZED PROPERTY TAXES & INSURANCE PER LOAN SERVICING SYSTEM. VARIATIONS
IN OTHER INCOME, REPAIRS & MAINTENANCE, & GENERAL & ADMINISTRATIVE EXPENSES IS
DUE TO THE DIFFERENCE IN CATEGORIZATION FROM 1998 TO 1999.
LOAN 017 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 018 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 019 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 020 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 020 - 2:
LOAN 021 - 1: Latest Annual Statement Comment: 12/31/98 -
NORMALIZED PROPERTY TAXES PER LOAN SERVICING INFORMATION. INSURANCE PER
BORROWER. PROFESSIONAL FEE INCLUDES LEGAL AND CONSULTING FEES ASSOCIATED WITH
THE CLOSING OF THE LOAN. Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 022 - 1:
LOAN 023 - 1: Partial Year Statement Comment: 10/31/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 024 - 1:
LOAN 025 - 1: Partial Year Statement Comment: 12/31/99 -
LOAN ORIGINATED 8/18/1999.
LOAN 026 - 1:
LOAN 027 - 1:
LOAN 028 - 1:
LOAN 029 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 030 - 1:
LOAN 031 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICNG SYSTEM
LOAN 032 - 1:
LOAN 033 - 1: Latest Annual Statement Comment: 12/31/99 -
DECREASE IN OTHER INCOME DUE TO DECREASE IN LATE CHARGES AND LAUNDRY INCOME.
LOAN 034 - 1: Latest Annual Statement Comment: 7/31/99 -
PROPERTY TAXES AND INSURANCE NORMALIZED PER BORROWER.
LOAN 035 - 1:
LOAN 036 - 1:
LOAN 037 - 1: Latest Annual Statement Comment: 12/31/98 -
NORMALIZED TAX AND INSURANCE PER LOAN SERVICING. OTHER INCOME INCREASED DUE
TO A 100% INCREASE IN LAUNDRY INCOME OVER BUDGET.
LOAN 038 - 1:
LOAN 039 - 1: Partial Year Statement Comment: 11/30/99 -
NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM
LOAN 040 - 1: Latest Annual Statement Comment: 12/31/98 -
NORMALIZED TAXES AND INSURANCE PER LOAN SERVICING. Partial Year Statement
Comment: 9/30/99 - NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING
SYSTEM
LOAN 041 - 1:
Page - 46
<PAGE>
LOAN 042 - 1:
LOAN 043 - 1: Latest Annual Statement Comment: 4/30/99 - NO
INCOME GIVEN FOR TRAILING 12 MONTH STATEMENT - USED FOR BASELINE EXPENSE
STABILIZATION ONLY. Partial Year Statement Comment: 9/30/99 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 044 - 1: Partial Year Statement Comment: 6/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 045 - 1:
LOAN 046 - 1: Latest Annual Statement Comment: 12/31/98 -
PROPERTY TAXES AND INSURANCE NORMALIZED PER LOAN SERVICING SYSTEM. Partial
Year Statement Comment: 12/31/99 - NORMALIZED PROPERTY TAX AND INSURANCE PER
LOAN SERVICING SYSTEM. BORROWER REPORTED 2 MONTHS.
LOAN 047 - 1:
LOAN 048 - 1:
LOAN 049 - 1:
LOAN 050 - 1: Partial Year Statement Comment: 6/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 051 - 1:
LOAN 052 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 053 - 1:
LOAN 054 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 055 - 1:
LOAN 056 - 1:
LOAN 057 - 1:
LOAN 058 - 1:
LOAN 059 - 1:
LOAN 060 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASE IN BASE RENTS AND DROP IN OCCUPANCY DUE TO BORROWER INCREASING RENTS.
INCREASE IN REPAIRS AND MAINTENANCE DUE TO HURRICANE DAMAGE AND CARPORT
REPAIR. UTILITIES INCREASE DUE TO HIGHER USAGE.
LOAN 061 - 1:
LOAN 062 - 1:
LOAN 063 - 1:
LOAN 064 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 065 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING INFORMATION. INCREASE
IN REVENUE DUE TO THE SEASONALITY OF THE BUSINESS, CAUSING INCREASE IN DSCR.
VARIANCE IN LINE ITEMS DUE TO DIFFERENT CATEGORIZATION OF EXPENSES.
LOAN 066 - 1:
LOAN 067 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 068 - 1:
Page - 47
<PAGE>
LOAN 069 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 070 - 1: Latest Annual Statement Comment: 8/31/99 -
OTHER EXPENSE INCLUDES COST OF CATA BUS PASSES FOR COMPLEX. THE 1998
STATEMENT INDICATES A LOWER COST FOR THE BUS PASSES AS THE BORROWER NEGOTIATED
A LOWER RATE FROM CATA FOR 1998. Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING INFORMATION.
LOAN 071 - 1: Partial Year Statement Comment: 8/31/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 072 - 1:
LOAN 073 - 1: Latest Annual Statement Comment: 12/31/98 -
NORMALIZED PROPERTY TAXES PER LOAN SERVICING INFORMATION. INSURANCE PER
BORROWER. 1996-1998 INCOME AND EXPENSE ARE PRIOR TO THE CONSTRUCTION OF
STAPLES. THE UNDERWRITING INCLUDES STAPLES WHOSE LEASE STARTED 4/30/98.
LOAN 074 - 1: Partial Year Statement Comment: 7/25/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 075 - 1: Latest Annual Statement Comment: 3/31/99 -
NORMALIZED PROEPRTY TAXES AND INSURANCE PER SERVICNG SYSTEM Partial Year
Statement Comment: 12/31/99 - NORMALIZED PROPERTY TAXES AND INSURANCE PER
SERVICING SYSTEM
LOAN 076 - 3:
LOAN 076 - 1:
LOAN 076 - 5:
LOAN 076 - 2:
LOAN 076 - 4:
LOAN 077 - 1:
LOAN 078 - 1: Latest Annual Statement Comment: 12/31/98 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM. Partial
Year Statement Comment: 8/31/99 - NORMALIZED PROPERTY TAXES AND INSURANCE PER
LOAN SERVICING SYSTEM.
LOAN 079 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 080 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 081 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM. NO MONEY ESCROWED FOR
INSURANCE.
LOAN 082 - 1: Latest Annual Statement Comment: 4/30/99 - SIX
MONTH ANNUALIZED STATEMENT.
LOAN 083 - 4:
LOAN 083 - 1:
LOAN 083 - 2:
LOAN 083 - 3:
LOAN 084 - 2:
LOAN 084 - 1: Partial Year Statement Comment: 7/31/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 084 - 3:
LOAN 085 - 3:
LOAN 085 - 2:
Page - 48
<PAGE>
LOAN 085 - 1: Partial Year Statement Comment: 7/31/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 086 - 3:
LOAN 086 - 1: Partial Year Statement Comment: 7/31/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 086 - 2:
LOAN 087 - 1:
LOAN 088 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 089 - 1: Latest Annual Statement Comment: 12/31/98 -
NORMALIZED PROPERTY TAXES PER SERVICING INFORMATION. NORMALIZED INSURANCE PER
BASE LINE. BORROWER REPORTED FEWER OFFICE STAFF SALARIES. BORROWER DID NOT
REPORT PROPERTY TAXES & INSURANCE. Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM. BORROWER DID
NOT REPORT PROPERTY TAXES.
LOAN 090 - 1: Latest Annual Statement Comment: 12/31/98 -
NORMALIZED PROPERTY TAXES PER LOAN SERVICING INFORMATION. NORMALIZED
INSURANCE PER BASE LINE. NORMALIZED MANAGEMENT FEES TO 3.5% OF REVENUES,
SIMILAR TO 97 FIGURES. BRWR. DID NOT REPORT OFFICE STAFF PAYROLL. BRWR. DID
NOT REPORT PROPERTY TAXES & INS. Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM
LOAN 091 - 1:
LOAN 092 - 1: Partial Year Statement Comment: 10/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM. BORROWER DID NOT
REPORT PROPERTY TAXES OR INSURANCE.
LOAN 093 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 094 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 095 - 1:
LOAN 096 - 1: Partial Year Statement Comment: 9/25/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 097 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 098 - 1: Latest Annual Statement Comment: 12/31/98 -
'OTHER INCOME' HAS INCREASED DUE TO LAUNDRY INCOME. UTILITIES HAVE INCREASED
DUE TO WATER/SEWER EXPENSE. Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 099 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 100 - 1:
LOAN 101 - 1: Latest Annual Statement Comment: 12/31/98 -
See comment log pertaining to capital expenses for 1998 and other expense
comments. Partial Year Statement Comment: 9/20/99 - NORMALIZED PROPERTY
TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 102 - 1: Latest Annual Statement Comment: 12/31/98 -
THE PROPERTY HAS BEEN CONSTRUCTED IN 1998 Partial Year Statement Comment:
9/30/99 - NORMALZIED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 103 - 1:
LOAN 104 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 105 - 1:
LOAN 106 - 1: Latest Annual Statement Comment: 12/31/98 -
HISTORICAL EXPENSES HAVE BEEN TRACKED TO A CERTAIN DEGREE WHILE INCOME FROM
RENT WAS NOT BECAUSE THE OWNER DID NOT HAVE LEASES ON ALL OF THE SPACES.
Partial Year Statement Comment: 9/30/99 - NORMALIZED PROPERTY TAXES AND
INSURANCE PER SERVICING SYSTEM
Page - 49
<PAGE>
LOAN 107 - 1:
LOAN 108 - 1: Partial Year Statement Comment: 10/31/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 109 - 1:
LOAN 110 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 111 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM. MOST CAPITAL
EXPENSES WERE FOR APPLIANCES, CARPETING, LAWN EQUIPMENT, HVAC AND TILE/VINYL.
LOAN 112 - 1:
LOAN 113 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 114 - 1:
LOAN 115 - 1:
LOAN 116 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 117 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 118 - 1:
LOAN 119 - 1:
LOAN 120 - 1: Latest Annual Statement Comment: 12/31/98 -
NORMALIZED TAXES AND INSURANCE PER LOAN SERVICING. Partial Year Statement
Comment: 6/30/99 - NORMALIZED TAXES AND INSURANCE PER LOAN SERVICING.
LOAN 121 - 1:
LOAN 122 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASE IN REPAIR AND MAINTENANCE DUE TO HIGHER TENANT TURNOVER AND TENANT
PREP. DECREASE IN OCCUPANCY DUE TO SLOWER MARKET.
LOAN 123 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 124 - 1:
LOAN 125 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 126 - 1:
LOAN 127 - 1: Latest Annual Statement Comment: 12/31/98 -
PROPERTY TAXES AND INSURANCE NORMALIZED PER BORROWER.
LOAN 128 - 1:
LOAN 128 - 2:
LOAN 129 - 1:
LOAN 129 - 2:
LOAN 130 - 1:
LOAN 131 - 1:
LOAN 132 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
Page - 50
<PAGE>
LOAN 133 - 1: Latest Annual Statement Comment: 12/31/98 -
NORMALIZED PROPERTY TAX AMOUNT PER LOAN SERVICING SYSTEM. Partial Year
Statement Comment: 9/30/99 - NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM
LOAN 134 - 1: Latest Annual Statement Comment: 7/31/99 -
TAXES AND INSURANCE COMBINED ON THE ACTUAL FIGURES. Partial Year Statement
Comment: 9/30/99 - NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING
SYSTEM
LOAN 135 - 1:
LOAN 136 - 1:
LOAN 137 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 138 - 1:
LOAN 139 - 1: Partial Year Statement Comment: 10/31/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 140 - 1:
LOAN 141 - 1: Status Comment: Loan is current, Midland's
counsel advised B/R plan was filed 08/09/00 and the reaffirmation was to be
part of it. Counsel will advise when he gets a copy of the plan and our
reaffirmation should be approved. Disclosure Statement Hearing is 09/14/00.
Latest Annual Statement Comment: 8/30/99 - NORMALIZED PROPERTY TAX AND
INSURANCE PER BORROWER.
LOAN 142 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 143 - 1:
LOAN 144 - 1: Latest Annual Statement Comment: 12/31/99 -
BASE RENT HAS INCREASE DUE TO A GREATER OCCUPANCY OF LARGER UNITS, WHICH HAVE
HIGHER RATES.
LOAN 145 - 1:
LOAN 146 - 1:
LOAN 147 - 1:
LOAN 148 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 149 - 1:
LOAN 150 - 1:
LOAN 151 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAX, INSURANCE, AND RESERVES PER LOAN SERVICING SYSTEM.
LOAN 152 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 153 - 1: Partial Year Statement Comment: 10/31/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 154 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM. LOW DSCR DUE TO
LOW OCCUPANCY
LOAN 155 - 1: Partial Year Statement Comment: 8/31/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM.
LOAN 156 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
Page - 51
<PAGE>
LOAN 157 - 1:
LOAN 158 - 1: Latest Annual Statement Comment: 12/31/98 -
NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING SYSTEM. Partial Year
Statement Comment: 9/30/99 - NORMALIZED PROPERTY TAXES AND INSURANCE PER
SERVICING SYSTEM. BORROWER DID NOT REPORT PROPERTY TAXES OR INSURANCE.
LOAN 159 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING SYSTEM. BEGINNING
DATE FROM LOAN CLOSING.
LOAN 160 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 161 - 1: Latest Annual Statement Comment: 12/31/98 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING INFO. BORROWER DID NOT
REPORT YTD PROPERTY TAXES. Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 162 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM. LOW DSCR DUE TO
LOW OCCUPANCY
LOAN 163 - 1:
LOAN 164 - 1:
LOAN 165 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 166 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASE IN REPAIRS AND MAINTENANCE IS DUE TO UPGRADES, EXTERIOR ELECTRICAL
WORK AND PORCHES WERE REDONE.
LOAN 167 - 1:
LOAN 168 - 1:
LOAN 169 - 1:
LOAN 170 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 171 - 1:
LOAN 172 - 1:
LOAN 173 - 1: Partial Year Statement Comment: 6/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING INFORMATION. TOTAL
OPERATING EXPENSE INCREASED DUE TO INCREASE IN PROFESSIONAL FEES THAT RELATED
WITH THE LOAN CLOSING.
LOAN 174 - 1:
LOAN 175 - 1:
LOAN 176 - 1: Latest Annual Statement Comment: 6/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM Partial Year
Statement Comment: 9/30/99 - NORMALIZED PROPERTY TAXES AND INSURANCE PER
SERVICING SYSTEM
LOAN 177 - 1:
LOAN 178 - 1: Partial Year Statement Comment: 6/10/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM. BORROWER
DID NOT REPORT ACTUAL TAX AND INSURANCE FIGURES.
LOAN 179 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM
LOAN 180 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAX, INSURANCE, AND CAPITAL EXPENSES PER LOAN SERVICING
SYSTEM.
Page - 52
<PAGE>
LOAN 181 - 1:
LOAN 182 - 1: Latest Annual Statement Comment: 12/31/98 -
PROPERTY TAXES AND INSURANCE NORMALIZED PER BORROWER.
LOAN 183 - 1:
LOAN 184 - 1: Latest Annual Statement Comment: 7/31/99 -
Normalized property taxes and insurance per loan servicing system. Partial
Year Statement Comment: 9/30/99 - NORMALIZED PROPERTY TAXES AND INSURANCE PER
SERVICING SYSTEM
LOAN 185 - 1: Partial Year Statement Comment: 6/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM. BORROWER
DID NOT REPORT PROPERTY TAX INFORMATION.
LOAN 186 - 1:
LOAN 187 - 1:
LOAN 188 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
LOAN 189 - 1: Latest Annual Statement Comment: 12/31/97 -
HISTORICAL STATEMENT PRIOR TO ACQUISTION. Partial Year Statement Comment:
9/30/99 - NORMALIZED PROPERTY TAXES PER SERVICING SYSTEM. LOW DSCR DUE TO
EXCLUSION OF AN UNCLASSIFIED REVENUE OF $153,889.15
LOAN 190 - 1:
LOAN 191 - 1:
LOAN 192 - 1:
LOAN 193 - 1: Latest Annual Statement Comment: 12/31/99 -
INCREASE IN BASE RENT IS DUE TO INCREASE IN UNIT RENTAL RATES.
LOAN 194 - 1:
LOAN 195 - 1: Latest Annual Statement Comment: 12/31/98 -
PROPERTY TAXES AND INSURANCE NORMALIZED PER BORROWER. Partial Year Statement
Comment: 8/30/99 - PROPERTY TAXES AND INSURANCE NORMALIZED PER BORROWER.
LOAN 196 - 1:
LOAN 197 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAX, INSURANCE AND CAPITAL EXPENSES PER LOAN SERVICING
SYSTEM.
LOAN 198 - 1:
LOAN 199 - 1:
LOAN 200 - 1:
LOAN 201 - 1:
LOAN 202 - 1:
LOAN 203 - 1: Partial Year Statement Comment: 6/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
LOAN 204 - 1:
LOAN 205 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
Page - 53
<PAGE>
LOAN 206 - 2: Latest Annual Statement Comment: 12/31/98 -
DSCR IS PRORATED AT 64% OF NOI.
LOAN 206 - 1: Latest Annual Statement Comment: 12/31/98 -
DSCR IS PRORATED AT 36% PER NOI.
LOAN 207 - 1: Partial Year Statement Comment: 9/30/99 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM
Page - 54
