STRUCTURED ASSET SEC CORP COM MORT PAS THR CERTS SER 2000-C3
8-K, 2000-11-30
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: May 18, 2000
(Date of earliest event reported)

Structured Asset Securities Corporation
(Sponsor)
(Issuer in Respect of
Commercial Mortgage Pass-Through Certificates
Series 2000-C3)
(Exact name of registrant as specified in charter)

Delaware 333-49129-05 74-2440858
(State or other juris- (Commission (I.R.S. Employer
diction of organization) File No.) Identification No.)


200 Vesey Street, New York, NY 10285
(Address of principal executive offices) (Zip Code)


Registrant's Telephone Number, including area code (212) 526-7000


(Former name or former address, if changed since last report.)




ITEM 5. OTHER EVENTS

On March 18, 2000, a single series of certificates, entitled LB-UBS Commercial Mortgage Trust 2000-C3, Commercial Mortgage Pass-Through Certificates, Series 2000-C3 (the "Certificates""), was issued pursuant to a Pooling and Servicing Agreement (the "Pooling and Servicing Agreement") attached hereto as Exhibit 4.1, dated as of May 18, 2000, among Structured Asset Securities Corporation (the "Registrant"), a master servicer, a special servicer, a trustee and a fiscal agent. The Certificates consist of the "Class X Certificates", the "Class A-1 Certificates", the "Class A-2 Certificates", the "Class B Certificates", the "Class C Certificates", the "Class D Certificates", the "Class E Certificates", the "Class F Certificates", and the "Class G Certificates" (collectively, the "Underwritten Certificates") were registered under the Registrant's registration statement on form S-3 (no. 333-49129) and sold to Lehman Brothers Inc., Morgan Stanley & Co. Incorporated and Deutsche Bank Securities Inc. (collectively, the "Underwriters") pursuant to an underwriting agreement (the "Underwriting Agreement") between the Registrant and the Underwriters. Certain of the mortgage loans backing the Underwritten Certificates were acquired by the Depositor from UBS Principal Finance LLC "UBSFP" pursuant to a Mortgage Loan Purchase Agreement, dated as of May 9, 2000 (the "UBS / Depositor Mortgage Loan Purchase Agreement"), which agreement contains representations and warranties made by UBSFP to the Registrant with respect to the mortgage loans sold by it to the Registrant. Similar representations and warranties have been made by the Registrant in the Pooling and Servicing Agreement with respect to the other mortgage loans backing the Underwritten Certificates.


ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
AND EXHIBITS

(c) Exhibits



Exhibit No. Description



1.1 Underwriting Agreement, dated as of May 9, 2000, between Structured Asset Securities Corporation , as seller and Lehman Brothers Inc., Morgan Stanley & Co. Incorporated and Deutsche Bank Securities Inc., as underwriter.

99.1 Certain materials constituting Computational Materials and/or ABS Term Sheets prepared and disseminated in connection with the sale of the Underwritten Certificates.



Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on behalf of the Registrant by the undersigned thereunto duly authorized.

LASALLE NATIONAL BANK, IN
ITS CAPACITY AS BOND ADMINISTRATOR
UNDER THE POOLING AND
SERVICING AGREEMENT ON
BEHALF OF GMAC, REGISTRANT




By: /s Russell Goldenberg
Russell Goldenberg,
Senior Vice President



Date: November 15, 2000























































































































































































































































ABN AMRO
LASALLE BANK N.A.
LB-UBS COMMERCIAL MORTGAGE TRUST SERIES 2000-C3
STATEMENT DATE: 11/17/2000
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR PAYMENT DATE: 11/17/2000
135 S. LASALLE STREET SUITE 1625
CHICAGO, IL 60603-4159
FIRST UNION NATIONAL BANK, AS SERVICER
PRIOR PAYMENT: 10/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES NEXT PAYMENT: 12/15/2000
SERIES 2000-C3 RECORD DATE: 10/31/2000
ABN AMRO ACCT: 67-8521-80-8
ADMINISTRATOR: REPORTING PACKAGE TABLE OF CONTENTS ANALYST:
MICHAEL DOMBAI (312) 904-8847 THOMAS HELMS (714) 282-3980 (203)
[email protected] [email protected]
PAGE(S)
ISSUE ID: SASC00C3 CLOSING DATE: 5/18/2000
STATEMENTS TO CERTIFICATEHOLDERS PAGE 2-7
ASAP #: 508 CASH RECONCILIATION SUMMARY PAGE 8 FIRST PAYMENT DATE: 6/16/2000
MONTHLY DATA FILE NAME: BOND INTEREST RECONCILIATION PAGE 9 ASSUMED FINAL PAYMENT: DATE: 8/11/2029
ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY PAGE 10
SASC00C3_200011_3.EXE ASSET-BACKED FACTS ~ 15 MONTH PAYOFF/LOSS SUMMARY PAGE 11
DELINQUENT LOAN DETAIL PAGE 12
HISTORICAL COLLATERAL PREPAYMENT PAGE 13
MORTGAGE LOAN CHARACTERISTICS PAGE 14-15
LOAN LEVEL DETAIL PAGE 16-22
SPECIALLY SERVICED (PART I) ~ LOAN DETAIL PAGE 23
MODIFIED LOAN DETAIL PAGE 24
REALIZED LOSS DETAIL PAGE 25
APPRAISAL REDUCTION DETAIL PAGE 26
PARTIES TO THE TRANSACTION
ISSUER: STRUCTURED ASSET SECURITIES CORPORATION
DEPOSITOR: STRUCTURED ASSET SECURITIES CORPORATION
UNDERWRITER: LEHMAN BROTHERS, INC
MASTER SERVICER: FIRST UNION NATIONAL BANK
SPECIAL SERVICER: LENNAR PARTNERS, INC.
RATING AGENCY: MOODY'S INVESTORS SERVICE, INC./FITCH, INC.
INFORMATION IS AVAILABLE FOR THIS ISSUE FROM THE FOLLOWING SOURCES
LASALLE WEB SITE WWW.LNBABS.COM
SERVICER WEB SITE WWW.FIRSTUNION.COM
LASALLE BULLETIN BOARD (714) 282-3990
LASALLE ASAP FAX BACK SYSTEM (714) 282-5518
LASALLE FACTOR LINE (800) 246-5761
11/15/2000 - 11:37 (D660-D679) 2000 LASALLE BANK N.A. PAGE 1 OF 26
ABN AMRO
LASALLE BANK N.A.
LB-UBS COMMERCIAL MORTGAGE TRUST SERIES 2000-C3
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR STATEMENT DATE: 11/17/2000
FIRST UNION NATIONAL BANK, AS SERVICER PAYMENT DATE: 11/17/2000
WAC: 8.621424% COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES PRIOR PAYMENT: 10/17/2000
NEXT PAYMENT: 12/15/2000
WAMM: 236 SERIES 2000-C3
RECORD DATE: 10/31/2000
REMIC III
ABN AMRO ACCT: 67-8521-80-8
ORIGINAL OPENING PRINCIPAL PRINCIPAL NEGATIVE CLOSING INTEREST INTEREST PASS-THROUGH
CLASS FACE VALUE (1) BALANCE PAYMENT ADJ. OR LOSS AMORTIZATION BALANCE PAYMENT (2) ADJUSTMENT RATE
CUSIP PER $ 1000 PER $ 1000 PER $ 1000 PER $ 1000 PER $ 1000 PER $ 1000 PER $ 1000 NEXT RATE(3)
A-1 400,000,000.00 396,504,911.60 605,450.22 0.00 0.00 395,899,461.38 2,626,845.04 0.00 7.95000000%
52108HAS3 991.262279000 1.513625550 0.000000000 0.000000000 989.748653450 6.567112600 0.000000000 7.950000000%
A-2 641,288,000.00 641,288,000.00 0.00 0.00 0.00 641,288,000.00 4,248,533.00 0.00 7.95000000%
52108HAT1 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.625000000 0.000000000 7.950000000%
B 71,813,000.00 71,813,000.00 0.00 0.00 0.00 71,813,000.00 475,761.13 0.00 7.95000000%
52108HAU8 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.625000070 0.000000000 7.950000000%
C 48,964,000.00 48,964,000.00 0.00 0.00 0.00 48,964,000.00 324,386.50 0.00 7.95000000%
52108HAV6 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.625000000 0.000000000 7.950000000%
D 19,585,000.00 19,585,000.00 0.00 0.00 0.00 19,585,000.00 129,750.63 0.00 7.95000000%
52108HAW4 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.625000255 0.000000000 7.950000000%
E 13,057,000.00 13,057,000.00 0.00 0.00 0.00 13,057,000.00 86,502.63 0.00 7.95000000%
52108HAX2 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.625000383 0.000000000 7.950000000%
F 13,057,000.00 13,057,000.00 0.00 0.00 0.00 13,057,000.00 86,502.63 0.00 7.95000000%
52108HAY0 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.625000383 0.000000000 7.950000000%
G 11,751,000.00 11,751,000.00 0.00 0.00 0.00 11,751,000.00 77,850.38 0.00 7.95000000%
52108HAZ7 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.625000425 0.000000000 7.950000000%
X 1,305,691,485.00 N 1,302,196,396.60 0.00 0.00 0.00 1,301,590,947.06 641,912.29 0.00 0.59153500%
52108HBA1 997.323189712 0.000000000 0.000000000 0.000000000 996.859489407 0.491626312 0.000000000 0.322262618%
H 20,891,000.00 20,891,000.00 0.00 0.00 0.00 20,891,000.00 132,048.53 0.00 7.58500000%
52108HBB9 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.320833373 0.000000000 7.585000000%
J 16,322,000.00 16,322,000.00 0.00 0.00 0.00 16,322,000.00 103,168.64 0.00 7.58500000%
52108HBC7 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.320833231 0.000000000 7.585000000%
K 9,792,000.00 9,792,000.00 0.00 0.00 0.00 9,792,000.00 61,893.60 0.00 7.58500000%
52108HBD5 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.320833333 0.000000000 7.585000000%
L 10,446,000.00 10,446,000.00 0.00 0.00 0.00 10,446,000.00 66,027.43 0.00 7.58500000%
52108HBE3 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.320833812 0.000000000 7.585000000%
M 11,751,000.00 11,751,000.00 0.00 0.00 0.00 11,751,000.00 74,276.11 0.00 7.58500000%
52108HBF0 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.320833121 0.000000000 7.585000000%
N 3,917,000.00 3,917,000.00 0.00 0.00 0.00 3,917,000.00 24,758.70 0.00 7.58500000%
52108HBG8 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.320832270 0.000000000 7.585000000%
P 13,057,485.00 13,057,485.00 0.00 0.00 0.00 13,057,485.00 82,534.19 0.00 7.58500000%
52108HBH6 1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.320833606 0.000000000 7.585000000%
R-III 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 N/A
0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000
TOTAL 1,305,691,485.00 1,302,196,396.60 605,450.22 0.00 0.00 1,301,590,946.38 9,242,751.43 0.00
TOTAL P&I PAYMENT 9,848,201.65
LA-1 400,000,000.00 396,504,911.60 605,450.22 0.00 0.00 395,899,461.38 2,814,319.21 0.00 8.51738011%
991.262279000 1.513625550 0.000000000 0.000000000 989.748653450 7.035798025 0.000000000 8.248096487%
LA-2 641,288,000.00 641,288,000.00 0.00 0.00 0.00 641,288,000.00 4,551,744.71 0.00 8.51738011%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 7.097816753 0.000000000 8.248096487%
LB 71,813,000.00 71,813,000.00 0.00 0.00 0.00 71,813,000.00 509,715.51 0.00 8.51738011%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 7.097816691 0.000000000 8.248096487%
LC 48,964,000.00 48,964,000.00 0.00 0.00 0.00 48,964,000.00 347,537.50 0.00 8.51738011%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 7.097816763 0.000000000 8.248096487%
LD 19,585,000.00 19,585,000.00 0.00 0.00 0.00 19,585,000.00 139,010.74 0.00 8.51738011%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 7.097816696 0.000000000 8.248096487%
LE 13,057,000.00 13,057,000.00 0.00 0.00 0.00 13,057,000.00 92,676.19 0.00 8.51738011%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 7.097816497 0.000000000 8.248096487%
LF 13,057,000.00 13,057,000.00 0.00 0.00 0.00 13,057,000.00 92,676.19 0.00 8.51738011%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 7.097816497 0.000000000 8.248096487%
LG 11,751,000.00 11,751,000.00 0.00 0.00 0.00 11,751,000.00 83,406.44 0.00 8.51738011%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 7.097816356 0.000000000 8.248096487%
LH 20,891,000.00 20,891,000.00 0.00 0.00 0.00 20,891,000.00 148,280.49 0.00 8.51738011%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 7.097816763 0.000000000 8.248096487%
LJ 16,322,000.00 16,322,000.00 0.00 0.00 0.00 16,322,000.00 115,850.57 0.00 8.51738011%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 7.097817057 0.000000000 8.248096487%
LK 9,792,000.00 9,792,000.00 0.00 0.00 0.00 9,792,000.00 69,501.82 0.00 8.51738011%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 7.097816585 0.000000000 8.248096487%
LL 10,446,000.00 10,446,000.00 0.00 0.00 0.00 10,446,000.00 74,143.79 0.00 8.51738011%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 7.097816389 0.000000000 8.248096487%
LM 11,751,000.00 11,751,000.00 0.00 0.00 0.00 11,751,000.00 83,406.44 0.00 8.51738011%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 7.097816356 0.000000000 8.248096487%
LN 3,917,000.00 3,917,000.00 0.00 0.00 0.00 3,917,000.00 27,802.15 0.00 8.51738011%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 7.097817207 0.000000000 8.248096487%
LP 13,057,485.00 13,057,485.00 0.00 0.00 0.00 13,057,485.00 92,679.68 0.00 8.51738011%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 7.097820139 0.000000000 8.248096487%
R-II 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 N/A
0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000
TOTAL 1,305,691,485.00 1,302,196,396.60 605,450.22 0.00 0.00 1,301,590,946.38 9,242,751.43 0.00
TOTAL P&I PAYMENT 9,848,201.65
REGUAL INTERESTS 1,305,691,485.00 1,302,196,396.60 605,450.22 0.00 0.00 1,301,590,946.38 9,242,751.43 0.00 8.51738011%
997.323189712 0.463700826 0.000000000 0.000000000 996.859488886 7.078817267 0.000000000 8.248096487%
R-I 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 N/A
0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000
TOTAL 1,305,691,485.00 1,302,196,396.60 605,450.22 0.00 0.00 1,301,590,946.38 9,242,751.43 0.00
TOTAL P&I PAYMENT 9,848,201.65
GRANTOR TUST 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 N/A
0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000
TOTAL 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL P&I PAYMENT 0.00
NOTES: (1) N DENOTES NOTIONAL BALANCE NOT INCLUDED IN TOTAL (2) ACCRUED INTEREST PLUS/MINUS INTEREST ADJUSTMENT MINUS DEFERRED INTEREST EQUALS INTEREST PAYMENT (3) ESTIMATED. * DENOTES CONTROLLING CLASS
11/15/2000 - 11:37 (D660-D679) 2000 LASALLE BANK N.A. PAGE 2 OF 26
ABN AMRO
LASALLE BANK N.A.
LB-UBS COMMERCIAL MORTGAGE TRUST SERIES 2000-C3
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR STATEMENT DATE: 11/17/2000
FIRST UNION NATIONAL BANK, AS SERVICER PAYMENT DATE: 11/17/2000
PRIOR PAYMENT: 10/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES NEXT PAYMENT: 12/15/2000
SERIES 2000-C3 RECORD DATE: 10/31/2000
ABN AMRO ACCT: 67-8521-80-8
CASH RECONCILIATION SUMMARY
INTEREST SUMMARY SERVICING FEE SUMMARY PRINCIPAL SUMMARY
CURRENT SCHEDULED INTEREST 9,302,965.38 CURRENT SERVICING FEES 109,898.08 SCHEDULED:
LESS DEFERRED INTEREST 0.00 PLUS FEES ADVANCED FOR PPIS 0.00 CURRENT SCHEDULED PRINCIPAL 602,513.05
PLUS ADVANCE INTEREST 52,071.46 LESS REDUCTION FOR PPIS 0.00 ADVANCED SCHEDULED PRINCIPAL 2,936.45
PLUS UNSCHEDULED INTEREST 0.00 PLUS UNSCHEDULED SERVICING FEES 0.00 SCHEDULED PRINCIPAL DISTRIBUTION 605,449.50
PPIS REDUCING SCHEDULED INTEREST 0.00 TOTAL SERVICING FEES PAID 109,898.08 UNSCHEDULED:
LESS TOTAL FEES PAID TO SERVICER (109,898.08) CURTAILMENTS 0.04
PLUS FEES ADVANCED FOR PPIS 0.00 PREPAYMENTS IN FULL 0.00
LESS FEE STRIPS PAID BY SERVICER 0.00 PPIS SUMMARY LIQUIDATION PROCEEDS 0.00
LESS MISC. FEES & EXPENSES 0.00 GROSS PPIS 0.00 REPURCHASE PROCEEDS 0.00
LESS NON RECOVERABLE ADVANCES 0.00 REDUCED BY PPIE 0.00 OTHER PRINCIPAL PROCEEDS 0.00
INTEREST DUE TRUST 9,245,138.77 REDUCED BY SHORTFALLS IN FEES 0.00 UNSCHEDULED PRINCIPAL DISTRIBUTION 0.04
LESS TRUSTEE FEE (2,387.36) REDUCED BY OTHER AMOUNTS 0.00 REMITTANCE PRINCIPAL 605,449.54
LESS FEE STRIPS PAID BY TRUST 0.00 NET PPIS 0.00
LESS MISC. FEES PAID BY TRUST 0.00 PPIS REDUCING SERVICING FEE 0.00 SERVICER WIRE AMOUNT 9,850,588.31
REMITTANCE INTEREST 9,242,751.41 PPIS ALLOCATED TO CERTIFICATES 0.00
POOL BALANCE SUMMARY
BALANCE/AMOUNT COUNT
BEGINNING POOL 1,302,196,397.28 176
SCHEDULED PRINCIPAL DISTRIBUTION 605,449.50
UNSCHEDULED PRINCIPAL DISTRIBUTION 0.04 0
DEFERRED INTEREST 0.00
LIQUIDATIONS 0.00 0
REPURCHASES 0.00 0
ENDING POOL 1,301,590,947.74 176
ADVANCES
PRIOR OUTSTANDING CURRENT PERIOD RECOVERED ENDING OUTSTANDING
PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST
MADE BY: SERVICER 9,951.39 109,015.73 2,936.45 52,071.46 9,951.39 109,015.73 2,936.45 52,071.46
11/15/2000 - 11:37 (D660-D679) 2000 LASALLE BANK N.A. PAGE 8 OF 26
ABN AMRO
LASALLE BANK N.A.
LB-UBS COMMERCIAL MORTGAGE TRUST SERIES 2000-C3
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR STATEMENT DATE: 11/17/2000
PAYMENT DATE: 11/17/2000
FIRST UNION NATIONAL BANK, AS SERVICER
PRIOR PAYMENT: 10/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES
NEXT PAYMENT: 12/15/2000
SERIES 2000-C3
RECORD DATE: 10/31/2000
ABN AMRO ACCT: 67-8521-80-8
BOND INTEREST RECONCILIATION
DEDUCTIONS ADDITIONS
REMAINING
ACCRUAL PASS ACCRUED ADD.
DEFERRED &
PRIOR PREPAY- OTHER DISTRIBUTABLE INTEREST OUTSTANDING
CREDIT SUPPORT
THRU CERTIFICATE ALLOCABLE TRUST ACCRETION INTEREST INT. SHORT- MENT INTEREST CERTIFICATE PAYMENT INTEREST
CLASS METHOD DAYS RATE INTEREST PPIS EXPENSE (1) INTEREST LOSSES FALLS DUE PENALTIES PROCEEDS (2)
INTEREST
AMOUNT SHORTFALLS ORIGINAL CURRENT(3)
A-1 30/360 30 7.950000000% 2,626,845.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,626,845.04 2,626,845.04 0.00 69.36% 69.58%
A-2 30/360 30 7.950000000% 4,248,533.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4,248,533.00 4,248,533.00 0.00 20.25% 20.31%
B 30/360 30 7.950000000% 475,761.13 0.00 0.00 0.00 0.00 0.00 0.00 0.00 475,761.13 475,761.13 0.00 14.75% 14.80%
C 30/360 30 7.950000000% 324,386.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 324,386.50 324,386.50 0.00 11.00% 11.03%
D 30/360 30 7.950000000% 129,750.63 0.00 0.00 0.00 0.00 0.00 0.00 0.00 129,750.63 129,750.63 0.00 9.50% 9.53%
E 30/360 30 7.950000000% 86,502.63 0.00 0.00 0.00 0.00 0.00 0.00 0.00 86,502.63 86,502.63 0.00 8.50% 8.53%
F 30/360 30 7.950000000% 86,502.63 0.00 0.00 0.00 0.00 0.00 0.00 0.00 86,502.63 86,502.63 0.00 7.50% 7.52%
G 30/360 30 7.950000000% 77,850.38 0.00 0.00 0.00 0.00 0.00 0.00 0.00 77,850.38 77,850.38 0.00 6.60% 6.62%
X 30/360 30 0.591535002% 641,912.29 0.00 0.00 0.00 0.00 0.00 0.00 0.00 641,912.29 641,912.29 0.00 NA NA
H 30/360 30 7.585000000% 132,048.53 0.00 0.00 0.00 0.00 0.00 0.00 0.00 132,048.53 132,048.53 0.00 5.00% 5.02%
J 30/360 30 7.585000000% 103,168.64 0.00 0.00 0.00 0.00 0.00 0.00 0.00 103,168.64 103,168.64 0.00 3.75% 3.76%
K 30/360 30 7.585000000% 61,893.60 0.00 0.00 0.00 0.00 0.00 0.00 0.00 61,893.60 61,893.60 0.00 3.00% 3.01%
L 30/360 30 7.585000000% 66,027.43 0.00 0.00 0.00 0.00 0.00 0.00 0.00 66,027.43 66,027.43 0.00 2.20% 2.21%
M 30/360 30 7.585000000% 74,276.11 0.00 0.00 0.00 0.00 0.00 0.00 0.00 74,276.11 74,276.11 0.00 1.30% 1.30%
N 30/360 30 7.585000000% 24,758.70 0.00 0.00 0.00 0.00 0.00 0.00 0.00 24,758.70 24,758.70 0.00 1.00% 1.00%
P 30/360 30 7.585000000% 82,534.19 0.00 0.00 0.00 0.00 0.00 0.00 0.00 82,534.19 82,534.19 0.00 0.00% 0.00%
9,242,751.43 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9,242,751.43 9,242,751.43 0.00
(1) ADDITIONAL TRUST EXPENSES ARE FEES ALLOCATED DIRECTLY TO THE BOND RESULTING IN A DEDUCTION TO ACCRUED INTEREST.
(2) OTHER INTEREST PROCEEDS INCLUDE DEFAULT INTEREST, PPIE, INTEREST DUE ON OUTSTANDING LOSSES, INTEREST DUE ON OUTSTANDING SHORTFALLS AND RECOVERIES OF INTEREST.
(3) DETERMINED AS FOLLOWS: (A) THE ENDING BALANCE OF ALL THE CLASSES LESS (B) THE SUM OF (I) THE ENDING BALANCE OF THE CLASS AND (II) THE ENDING BALANCE OF ALL CLASSES WHICH ARE NOT SUBORDINATE TO THE CLASS DIVIDED BY (A).
PAGE 9 OF 26
11/15/2000 - 11:37 (D660-D679) 2000 LASALLE BANK N.A.
ABN AMRO
LASALLE BANK N.A.
LB-UBS COMMERCIAL MORTGAGE TRUST SERIES 2000-C3
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR STATEMENT DATE: 11/17/2000
PAYMENT DATE: 11/17/2000
FIRST UNION NATIONAL BANK, AS SERVICER
PRIOR PAYMENT: 10/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES
NEXT PAYMENT: 12/15/2000
SERIES 2000-C3 RECORD DATE: 10/31/2000
ABN AMRO ACCT: 67-8521-80-8
ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY
DELINQUENCY AGING CATEGORIES SPECIAL EVENT CATEGORIES (1)
DISTRIBUTION
DATE
DELINQ 1 MONTH DELINQ 2 MONTHS DELINQ 3+ MONTHS FORECLOSURE REO MODIFICATIONS SPECIALLY SERVICED BANKRUPTCY
# BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE # BALANCE
11/17/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
10/17/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
9/15/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
8/17/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
7/17/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
6/16/00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
11/15/2000 - 11:37 (D660-D679) 2000 LASALLE BANK N.A. PAGE 10 OF 26
ABN AMRO
LASALLE BANK N.A.
LB-UBS COMMERCIAL MORTGAGE TRUST SERIES 2000-C3
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR STATEMENT DATE: 11/17/2000
PAYMENT DATE: 11/17/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 10/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES
NEXT PAYMENT: 12/15/2000
SERIES 2000-C3 RECORD DATE: 10/31/2000
ABN AMRO ACCT: 67-8521-80-8
ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL PAYOFF/LOSS SUMMARY
ENDING POOL (1) PAYOFFS(2) PENALTIES APPRAISAL REDUCT. (2) LIQUIDATIONS (2) REALIZED LOSSES (2) REMAINING TERM CURR WEIGHTED AVG.
DISTRIBUTION
DATE
# BALANCE # BALANCE # AMOUNT # BALANCE # BALANCE # AMOUNT LIFE AMORT. COUPON REMIT
11/17/00 176 1,301,590,948 0 0 0 0 0 0 0 0 0 0 236 330 8.62% 8.52%
101.73% 99.69% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
10/17/00 176 1,302,196,397 0 0 0 0 0 0 0 0 0 0 237 331 8.35% 8.25%
101.73% 99.73% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
9/15/00 176 1,303,068,136 0 0 0 0 0 0 0 0 0 0 238 332 8.62% 8.52%
101.73% 99.80% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
8/17/00 176 1,303,663,034 0 0 0 0 0 0 0 0 0 0 239 333 8.62% 8.52%
101.73% 99.84% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
7/17/00 176 1,304,253,689 0 0 0 0 0 0 0 0 0 0 240 334 8.35% 8.25%
101.73% 99.89% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
6/16/00 176 1,305,111,174 0 0 0 0 0 0 0 0 0 0 241 335 8.62% 8.52%
101.73% 99.96% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
(1) PERCENTAGE BASED ON POOL AS OF CUTOFF. (2) PERCENTAGE BASED ON POOL AS OF BEGINNING OF PERIOD.
PAGE 11 OF 26
11/15/2000 - 11:37 (D660-D679) 2000 LASALLE BANK N.A.
ABN AMRO
LASALLE BANK N.A.
LB-UBS COMMERCIAL MORTGAGE TRUST SERIES 2000-C3 STATEMENT DATE: 11/17/2000
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR PAYMENT DATE: 11/17/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 10/17/2000
NEXT PAYMENT: 12/15/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES RECORD DATE: 10/31/2000
SERIES 2000-C3
ABN AMRO ACCT: 67-8521-80-8
DELINQUENT LOAN DETAIL
DISCLOSURE
CONTROL #
PAID
THRU
DATE
CURRENT P&I
ADVANCE
OUTSTANDING
P&I
ADVANCES**
OUT. PROPERTY
PROTECTION
ADVANCES
ADVANCE
DESCRIPTION (1)
SPECIAL
SERVICER
TRANSFER DATE
FORECLOSURE
DATE
BANKRUPTCY
DATE
REO
DATE
83 10/11/00 26,820.21 26,820.21 0.00 B
133 10/1/00 11,304.19 11,304.19 0.00 B
150 10/11/00 7,694.94 7,694.94 0.00 B
168 10/11/00 4,934.37 4,934.37 0.00 B
169 10/11/00 4,254.20 4,254.20 0.00 B
TOTAL 55,007.91 55,007.91
A. P&I ADVANCE - LOAN IN GRACE PERIOD 1. P&I ADVANCE - LOAN DELINQ. 1 MONTH 3. P&I ADVANCE - LOAN DELINQUENT 3 + MONTHS 7. P &I ADVANCE (FORECLOSURE)
B. P&I ADVANCE - LATE PAYMENT BUT < 1 MONTH DELINQ. 2. P&I ADVANCE - LOAN DELINQ. 2 MONTHS 4. MATURED BALLOON/ASSUMED SCHED. PAYMENT 9. P&I ADVANCE (REO)
** OUTSTANDING P&I ADVANCES INCLUDE THE CURRENT PERIOD P&I ADVANCE
11/15/2000 - 11:37 (D660-D679) 2000 LASALLE BANK N.A. PAGE 12 OF 26
ABN AMRO
LASALLE BANK N.A.
LB-UBS COMMERCIAL MORTGAGE TRUST SERIES 2000-C3
STATEMENT DATE: 11/17/2000
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR PAYMENT DATE: 11/17/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 10/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES NEXT PAYMENT: 12/15/2000
SERIES 2000-C3 RECORD DATE: 10/31/2000
ABN AMRO ACCT: 67-8521-80-8
HISTORICAL COLLATERAL LEVEL PREPAYMENT REPORT
DISCLOSURE
CONTROL #
PAYOFF
PERIOD
INITIAL
BALANCE
TYPE
PAYOFF
AMOUNT
PENALTY
AMOUNT
PREPAYMENT
DATE
MATURITY
DATE
PROPERTY
TYPE
STATE
CUMULATIVE
PAGE 13 OF 26
11/15/2000 - 11:37 (D660-D679) 2000 LASALLE BANK N.A.
ABN AMRO
LASALLE BANK N.A.
LB-UBS COMMERCIAL MORTGAGE TRUST SERIES 2000-C3
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR STATEMENT DATE: 11/17/2000
PAYMENT DATE: 11/17/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 10/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES NEXT PAYMENT: 12/15/2000
SERIES 2000-C3 RECORD DATE: 10/31/2000
ABN AMRO ACCT: 67-8521-80-8
MORTGAGE LOAN CHARACTERISTICS
DISTRIBUTION OF PRINCIPAL BALANCES DISTRIBUTION OF MORTGAGE INTEREST RATES
CURRENT SCHEDULED
BALANCE
# OF
LOANS
SCHEDULED
BALANCE
% OF
BALANCE
WEIGHTED AVERAGE
TERM COUPON PFY DSCR
0 TO 2,000,000 49 52,103,285 4.00 % 115 8.56 % 0.00
2,000,000 TO 4,000,000 53 158,214,235 12.16 % 145 8.54 % 0.00
4,000,000 TO 6,000,000 25 121,699,164 9.35 % 122 8.42 % 0.00
6,000,000 TO 8,000,000 6 41,347,715 3.18 % 170 8.37 % 0.00
8,000,000 TO 10,000,000 13 115,094,180 8.84 % 218 8.37 % 0.00
10,000,000 TO 15,000,000 16 193,677,948 14.88 % 179 8.57 % 0.00
15,000,000 TO 20,000,000 5 86,824,793 6.67 % 302 8.60 % 0.00
20,000,000 TO 25,000,000 2 43,298,064 3.33 % 351 8.67 % 0.00
25,000,000 TO 50,000,000 3 88,122,634 6.77 % 176 8.13 % 0.00
50,000,000 TO 75,000,000 1 51,552,545 3.96 % 349 8.82 % 0.00
75,000,000 TO 100,000,000 1 87,866,089 6.75 % 349 8.18 % 0.00
100,000,000 TO 125,000,000 1 113,292,377 8.70 % 349 8.18 % 0.00
125,000,000 TO 150,000,000 1 148,497,918 11.41 % 345 7.68 % 0.00
150,000,000 & ABOVE 0 0 0.00 % 0 0.00 % 0.00
176 1,301,590,948 100.00 %
AVERAGE SCHEDULE BALANCE 7,395,403
MAXIMUM SCHEDULE BALANCE 148,497,918
MINIMUM SCHEDULE BALANCE 297,807
CURRENT MORTGAGE
INTEREST RATE
# OF
LOANS
SCHEDULED
BALANCE
% OF
BALANCE
WEIGHTED AVERAGE
TERM COUPON PFY DSCR
0.000% TO 7.250% 0 0 0.00 % 0 0.00 % 0.00
7.250% TO 7.500% 3 20,610,265 1.58 % 105 7.47 % 0.00
7.500% TO 7.750% 4 156,221,309 12.00 % 333 7.68 % 0.00
7.750% TO 8.000% 8 102,216,706 7.85 % 105 7.85 % 0.00
8.000% TO 8.250% 36 384,115,561 29.51 % 256 8.17 % 0.00
8.250% TO 8.500% 37 157,097,489 12.07 % 165 8.40 % 0.00
8.500% TO 8.750% 40 201,667,610 15.49 % 221 8.63 % 0.00
8.750% TO 9.000% 28 160,709,156 12.35 % 235 8.85 % 0.00
9.000% TO 9.250% 14 103,963,893 7.99 % 304 9.13 % 0.00
9.250% TO 9.500% 3 1,907,449 0.15 % 110 9.45 % 0.00
9.500% TO 9.750% 2 2,687,251 0.21 % 112 9.65 % 0.00
9.750% & ABOVE 1 10,394,258 0.80 % 349 9.82 % 0.00
176 1,301,590,948 100.00 %
MINIMUM MORTGAGE INTEREST RATE 7.430%
MAXIMUM MORTGAGE INTEREST RATE 9.820%
DISTRIBUTION OF REMAINING TERM (BALLOON)
BALLOON
MORTGAGE LOANS
# OF
LOANS
SCHEDULED
BALANCE
% OF
BALANCE
WEIGHTED AVERAGE
TERM COUPON PFY DSCR
0 TO 12 0 0 0.00 % 0 0.00 % 0.00
13 TO 24 0 0 0.00 % 0 0.00 % 0.00
25 TO 36 0 0 0.00 % 0 0.00 % 0.00
37 TO 60 9 49,177,542 3.78 % 49 8.67 % 0.00
61 TO 120 128 526,365,453 40.44 % 104 8.29 % 0.00
121 TO 180 0 0 0.00 % 0 0.00 % 0.00
181 TO 240 1 1,774,689 0.14 % 231 8.71 % 0.00
241 & ABOVE 33 700,319,462 53.80 % 348 8.37 % 0.00
171 1,277,637,146 98.16 %
MINIMUM REMAINING TERM 42
MAXIMUM REMAINING TERM 351
DISTRIBUTION OF REMAINING TERM (FULLY AMORTIZING)
FULLY AMORTIZING
MORTGAGE LOANS
# OF
LOANS
SCHEDULED
BALANCE
% OF
BALANCE
WEIGHTED AVERAGE
TERM COUPON PFY DSCR
0 TO 60 0 0 0.00 % 0 0.00 % 0.00
61 TO 120 0 0 0.00 % 0 0.00 % 0.00
121 TO 180 0 0 0.00 % 0 0.00 % 0.00
181 TO 240 5 23,953,802 1.84 % 231 8.61 % 0.00
241 & ABOVE 0 0 0.00 % 0 0.00 % 0.00
5 23,953,802 1.84 %
MINIMUM REMAINING TERM 230
MAXIMUM REMAINING TERM 232
11/15/2000 - 11:37 (D660-D679) 2000 LASALLE BANK N.A. PAGE 14 OF 26
ABN AMRO
LASALLE BANK N.A.
LB-UBS COMMERCIAL MORTGAGE TRUST SERIES 2000-C3
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR STATEMENT DATE: 11/17/2000
PAYMENT DATE: 11/17/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 10/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES NEXT PAYMENT: 12/15/2000
SERIES 2000-C3 RECORD DATE: 10/31/2000
ABN AMRO ACCT: 67-8521-80-8
MORTGAGE LOAN CHARACTERISTICS
DISTRIBUTION OF DSCR (PFY) GEOGRAPHIC DISTRIBUTION
DEBT SERVICE
COVERAGE RATIO
# OF
LOANS
SCHEDULED
BALANCE
% OF
BALANCE
WAMM WAC PFY DSCR
LESS THAN ZERO 0 0 0.00 % 0 0.00 % 0.00
0.001 1.200 0 0 0.00 % 0 0.00 % 0.00
1.201 1.250 0 0 0.00 % 0 0.00 % 0.00
1.251 1.300 0 0 0.00 % 0 0.00 % 0.00
1.301 1.350 0 0 0.00 % 0 0.00 % 0.00
1.351 1.400 0 0 0.00 % 0 0.00 % 0.00
1.401 1.450 0 0 0.00 % 0 0.00 % 0.00
1.451 1.500 0 0 0.00 % 0 0.00 % 0.00
1.501 1.550 0 0 0.00 % 0 0.00 % 0.00
1.551 1.600 0 0 0.00 % 0 0.00 % 0.00
1.601 1.650 0 0 0.00 % 0 0.00 % 0.00
1.651 1.700 0 0 0.00 % 0 0.00 % 0.00
1.701 1.750 0 0 0.00 % 0 0.00 % 0.00
1.751 1.800 0 0 0.00 % 0 0.00 % 0.00
1.801 & ABOVE 0 0 0.00 % 0 0.00 % 0.00
UNKNOWN 176 1,301,590,948 100.00 % 236 8.35 % 0.00
176 1,301,590,948 100.00 %
MAXIMUM DSCR 0.000
MINIMUM DSCR 0.000
STATE
# OF
LOANS
SCHEDULED
BALANCE
% OF
BALANCE
WAMM WAC PFY DSCR
MARYLAND 9 178,882,082 13.74 % 287 8.16 % 0.00
NEW YORK 25 178,034,802 13.68 % 247 8.74 % 0.00
COLORADO 2 151,851,918 11.67 % 345 7.69 % 0.00
UNDEFINED 7 150,668,615 11.58 % 318 8.53 % 0.00
TEXAS 26 100,771,207 7.74 % 250 8.62 % 0.00
CALIFORNIA 16 99,048,962 7.61 % 129 8.31 % 0.00
NEW JERSEY 13 74,806,486 5.75 % 183 8.49 % 0.00
GEORGIA 6 65,008,929 4.99 % 133 7.93 % 0.00
MISSISSIPPI 3 40,973,785 3.15 % 327 8.58 % 0.00
NORTH CAROLINA 6 39,534,254 3.04 % 147 8.23 % 0.00
FLORIDA 13 31,811,599 2.44 % 119 8.62 % 0.00
ILLINOIS 3 31,057,853 2.39 % 259 8.75 % 0.00
CONNECTICUT 7 30,560,490 2.35 % 175 8.53 % 0.00
MASSACHUSETTS 3 17,420,252 1.34 % 109 8.26 % 0.00
PENNSYLVANIA 9 14,260,179 1.10 % 111 8.86 % 0.00
ARIZONA 6 13,945,370 1.07 % 107 8.00 % 0.00
ALABAMA 2 11,535,671 0.89 % 109 8.46 % 0.00
NEVEDA 1 10,831,021 0.83 % 109 7.96 % 0.00
MINNESOTA 1 10,653,107 0.82 % 111 8.72 % 0.00
ARKANSAS 2 8,077,513 0.62 % 109 8.25 % 0.00
INDIANA 2 7,862,738 0.60 % 110 8.74 % 0.00
SOUTH CAROLINA 3 5,852,036 0.45 % 204 8.70 % 0.00
LOUISIANA 1 5,826,672 0.45 % 110 8.11 % 0.00
NEW HAMPSHIRE 2 3,620,282 0.28 % 63 8.14 % 0.00
UTAH 1 3,361,506 0.26 % 106 8.99 % 0.00
OKLAHOMA 1 3,273,809 0.25 % 110 8.59 % 0.00
MICHIGAN 1 3,234,922 0.25 % 102 7.43 % 0.00
WASHINGTON 2 2,487,870 0.19 % 110 8.64 % 0.00
TENNESSEE 1 2,283,414 0.18 % 107 8.13 % 0.00
OREGON 1 2,278,915 0.18 % 104 8.01 % 0.00
OHIO 1 1,774,689 0.14 % 231 8.71 % 0.00
176 1,301,590,948 100.00 %
DISTRIBUTION OF DSCR (CUTOFF)
DEBT SERVICE
COVERAGE RATIO
# OF
LOANS
SCHEDULED
BALANCE
% OF
BALANCE
WAMM WAC PFY DSCR
LESS THAN ZERO 0 0 0.00 % 0 0.00 % 0.00
0.001 1.200 8 54,079,168 4.15 % 246 8.60 % 0.00
1.201 1.253 28 224,749,504 17.27 % 168 8.41 % 0.00
1.254 1.305 42 218,645,162 16.80 % 170 8.49 % 0.00
1.306 1.358 27 173,601,327 13.34 % 192 8.27 % 0.00
1.359 1.410 18 64,153,774 4.93 % 163 8.69 % 0.00
1.411 1.463 9 21,877,071 1.68 % 145 8.46 % 0.00
1.464 1.515 8 130,443,529 10.02 % 316 8.18 % 0.00
1.516 1.568 5 10,918,630 0.84 % 106 8.37 % 0.00
1.569 1.620 9 12,065,644 0.93 % 109 8.84 % 0.00
1.621 1.673 0 0 0.00 % 0 0.00 % 0.00
1.674 1.725 4 160,713,918 12.35 % 337 7.75 % 0.00
1.726 1.778 3 56,167,930 4.32 % 344 8.77 % 0.00
1.779 & ABOVE 5 112,372,429 8.63 % 335 8.21 % 0.00
UNKNOWN 10 61,802,862 4.75 % 278 8.95 % 0.00
176 1,301,590,948 100.00 %
MAXIMUM DSCR 2.430
MINIMUM DSCR 1.200
11/15/2000 - 11:37 (D660-D679) 2000 LASALLE BANK N.A. PAGE 15 OF 26
ABN AMRO
LASALLE BANK N.A.
LB-UBS COMMERCIAL MORTGAGE TRUST SERIES 2000-C3
STATEMENT DATE: 11/17/2000
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR PAYMENT DATE: 11/17/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 10/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES NEXT PAYMENT: 12/15/2000
RECORD DATE: 10/31/2000
SERIES 2000-C3
ABN AMRO ACCT: 67-8521-80-8
LOAN LEVEL DETAIL
DISCLOSURE
CONTROL #
GROUP
PROPERTY
TYPE
MATURITY
DATE
PFY
DSCR
OPERATING
STATEMENT
DATE
STATE
ENDING
PRINCIPAL
BALANCE
NOTE
RATE
SCHEDULED
P&I
PREPAYMENT
AMOUNT
PREPAYMENT
DATE
LOAN
STATUS
CODE (1)
1 RETAIL 2/27/70 0.00 CO 148,497,918 14,849,791,800.00000% 0 982,066
5 OFFICE 3/6/70 0.00 GA 36,153,268 3,613,323,985.00000% 0 261,923
6 RETAIL 3/7/70 0.00 NJ 26,366,753 2,635,477,697.00000% 0 198,155
7 OFFICE 3/8/70 0.00 MS 25,645,100 2,563,461,730.00000% 0 199,295
8 OFFICE 3/9/70 0.00 NJ 22,911,707 2,290,385,678.00000% 0 183,246
9 OFFICE 3/10/70 0.00 NY 20,402,743 2,039,420,749.00000% 0 156,466
10 OFFICE 3/11/70 0.00 NY 18,926,891 1,892,113,690.00000% 0 155,208
11 RETAIL 3/12/70 0.00 TX 17,834,542 1,782,890,508.00000% 0 144,930
12 MULTIFAMILY 3/13/70 0.00 MD 16,850,391 1,684,159,812.00000% 0 124,148
13 RETAIL 3/14/70 0.00 CA 16,747,289 1,673,956,141.00000% 0 125,650
14 OFFICE 3/15/70 0.00 0 16,500,336 1,649,359,108.00000% 0 128,228
15 MULTIFAMILY 3/16/70 0.00 CA 14,724,999 1,471,823,691.00000% 0 110,356
16 OTHER 3/17/70 0.00 CT 14,140,105 1,411,659,927.00000% 0 125,551
17 OFFICE 3/18/70 0.00 NY 13,658,456 1,365,280,332.00000% 0 106,213
18 MULTIFAMILY 3/19/70 0.00 MD 13,439,406 1,343,421,966.00000% 0 105,002
19 OFFICE 3/20/70 0.00 GA 13,244,639 1,323,730,203.00000% 0 95,955
20 SELF STORAGE 3/21/70 0.00 0 12,978,873 1,296,910,064.00000% 0 108,235
21 RETAIL 3/22/70 0.00 MA 12,731,659 1,272,602,327.00000% 0 96,522
22 RETAIL 3/23/70 0.00 IL 12,178,974 1,215,941,167.00000% 0 106,922
23 OFFICE 3/24/70 0.00 MS 11,927,953 1,192,307,777.00000% 0 92,695
24 LODGING 3/25/70 0.00 CA 11,305,317 1,129,683,498.00000% 0 93,957
25 MULTIFAMILY 3/26/70 0.00 NV 10,836,420 1,083,102,113.00000% 0 79,677
26 OFFICE 3/27/70 0.00 MN 10,657,032 1,065,310,671.00000% 0 83,948
27 MULTIFAMILY 3/28/70 0.00 NC 10,633,028 1,062,800,032.00000% 0 79,560
28 MULTIFAMILY 3/29/70 0.00 IL 10,214,328 1,021,136,366.00000% 0 84,324
29 OFFICE 3/30/70 0.00 TX 9,700,975 969,656,887.00000% 0 72,906
2A RETAIL 2/28/70 0.00 MD 113,358,628 11,329,237,670.00000% 0 864,444
2B 3/1/70 0.00 0 9,126,853 912,685,300.00000% 0 72,124
30 RETAIL 3/31/70 0.00 TX 9,564,414 956,132,111.00000% 0 77,382
31 RETAIL 4/1/70 0.00 FL 9,547,303 954,251,849.00000% 0 76,474
32 OFFICE 4/2/70 0.00 TX 9,079,118 907,499,400.00000% 0 68,233
33 RETAIL 4/3/70 0.00 NC 8,921,216 891,659,256.00000% 0 65,851
34 OFFICE 4/4/70 0.00 NY 8,810,955 880,792,267.00000% 0 70,407
35 RETAIL 4/5/70 0.00 MD 8,767,214 876,192,491.00000% 0 61,759
36 INDUSTRIAL 4/6/70 0.00 IL 8,690,239 868,707,742.00000% 0 68,640
37 RETAIL 4/7/70 0.00 MD 8,618,617 861,341,773.00000% 0 60,713
38 RETAIL 4/8/70 0.00 CT 8,209,699 820,611,831.00000% 0 62,328
39 RETAIL 4/9/70 0.00 AL 8,062,185 805,888,958.00000% 0 62,167
3A RETAIL 3/2/70 0.00 0 87,925,480 8,786,608,857.00000% 0 678,502
3B 3/3/70 0.00 0 10,726,589 1,072,658,900.00000% 0 84,766
40 RETAIL 4/10/70 0.00 CA 8,043,964 803,998,159.00000% 0 59,604
41 MULTIFAMILY 4/11/70 0.00 CA 7,716,877 771,374,661.00000% 0 59,481
42 MULTIFAMILY 4/12/70 0.00 NY 7,184,484 718,060,778.00000% 0 52,442
43 OFFICE 4/13/70 0.00 GA 6,869,870 686,732,538.00000% 0 54,159
44 OFFICE 4/14/70 0.00 NY 6,581,005 657,891,236.00000% 0 53,153
45 RETAIL 4/15/70 0.00 NC 6,516,000 651,600,000.00000% 0 45,150
46 MULTIFAMILY 4/16/70 0.00 CA 6,494,574 649,112,296.00000% 0 47,492
47 OFFICE 4/17/70 0.00 NY 5,922,549 591,740,380.00000% 0 47,628
48 OTHER 4/18/70 0.00 LA 5,844,071 582,667,181.00000% 0 56,895
49 RETAIL 4/19/70 0.00 TX 5,879,007 587,723,417.00000% 0 48,196
4A RETAIL 3/4/70 0.00 NY 51,580,157 5,155,254,496.00000% 0 419,363
4B 3/5/70 0.00 0 10,394,258 1,039,425,800.00000% 0 87,895
50 OFFICE 4/20/70 0.00 MD 5,627,355 562,502,334.00000% 0 43,254
51 RETAIL 4/21/70 0.00 NY 5,628,518 562,671,261.00000% 0 45,693
52 MULTIFAMILY 4/22/70 0.00 MD 5,474,323 547,208,551.00000% 0 42,212
53 INDUSTRIAL 4/23/70 0.00 TX 5,465,332 546,294,246.00000% 0 41,804
54 MULTIFAMILY 4/24/70 0.00 NC 5,416,331 541,381,489.00000% 0 40,714
55 INDUSTRIAL 4/25/70 0.00 NJ 5,320,171 531,767,467.00000% 0 39,742
56 INDUSTRIAL 4/26/70 0.00 CA 5,298,580 529,662,056.00000% 0 41,701
57 OFFICE 4/27/70 0.00 IN 5,077,576 507,567,536.00000% 0 39,940
58 OFFICE 4/28/70 0.00 NJ 5,001,525 499,902,219.00000% 0 37,496
59 MULTIFAMILY 4/29/70 0.00 NJ 4,974,361 497,259,447.00000% 0 39,782
60 INDUSTRIAL 4/30/70 0.00 NJ 4,941,424 493,933,920.00000% 0 38,253
61 OFFICE 5/1/70 0.00 FL 4,716,872 471,331,045.00000% 0 38,858
62 RETAIL 5/2/70 0.00 AR 4,351,385 434,943,034.00000% 0 32,868
63 MULTIFAMILY 5/3/70 0.00 NC 4,278,216 427,645,421.00000% 0 33,002
64 MOBILE HOME PARK 5/4/70 0.00 NY 4,136,152 413,453,532.00000% 0 31,998
65 MULTIFAMILY 5/5/70 0.00 TX 4,098,367 409,634,575.00000% 0 30,325
66 OFFICE 5/6/70 0.00 CA 4,092,095 409,008,150.00000% 0 30,556
67 OFFICE 5/7/70 0.00 GA 4,068,583 406,668,483.00000% 0 30,802
68 MOBILE HOME PARK 5/8/70 0.00 AZ 4,065,340 406,301,710.00000% 0 29,034
69 MULTIFAMILY 5/9/70 0.00 CA 4,039,386 403,579,714.00000% 0 32,111
70 MULTIFAMILY 5/10/70 0.00 TX 4,030,617 402,868,535.00000% 0 29,802
71 INDUSTRIAL 5/11/70 0.00 MD 4,023,621 402,200,727.00000% 0 31,515
72 RETAIL 5/12/70 0.00 NY 3,958,682 395,554,753.00000% 0 32,587
73 LODGING 5/13/70 0.00 PA 3,950,000 395,000,000.00000% 0 30,408
74 RETAIL 5/14/70 0.00 CA 3,818,156 381,657,619.00000% 0 29,526
75 MULTIFAMILY 5/15/70 0.00 FL 3,785,837 378,460,206.00000% 0 30,576
76 RETAIL 5/16/70 0.00 NC 3,784,780 378,339,216.00000% 0 29,840
77 RETAIL 5/17/70 0.00 CA 3,736,005 373,434,400.00000% 0 28,459
78 RETAIL 5/18/70 0.00 TX 3,736,657 373,553,020.00000% 0 30,633
79 RETAIL 5/19/70 0.00 AR 3,729,759 372,808,310.00000% 0 28,173
80 INDUSTRIAL 5/20/70 0.00 TX 3,726,767 372,517,590.00000% 0 28,668
81 MIXED USE 5/21/70 0.00 TX 3,656,521 365,486,054.00000% 0 27,480
82 RETAIL 5/22/70 0.00 TX 3,588,377 358,703,581.00000% 0 28,039
83 OFFICE 5/23/70 0.00 NY 3,485,422 348,406,298.00000% 0 27,111 B
84 MULTIFAMILY 5/24/70 0.00 NY 3,483,195 348,171,222.00000% 0 26,603
85 MULTIFAMILY 5/25/70 0.00 AL 3,478,271 347,678,156.00000% 0 26,739
86 OFFICE 5/26/70 0.00 MS 3,417,311 341,608,981.00000% 0 27,293
87 MULTIFAMILY 5/27/70 0.00 NY 3,386,239 338,497,589.00000% 0 26,602
88 LODGING 5/28/70 0.00 UT 3,363,974 336,150,624.00000% 0 28,509
89 RETAIL 5/29/70 0.00 CO 3,354,000 335,400,000.00000% 0 23,268
90 INDUSTRIAL 5/30/70 0.00 CA 3,327,614 332,604,019.00000% 0 24,956
91 LODGING 5/31/70 0.00 PA 3,300,000 330,000,000.00000% 0 25,405
92 INDUSTRIAL 6/1/70 0.00 OK 3,275,091 327,380,948.00000% 0 25,507
93 INDUSTRIAL 6/2/70 0.00 MI 3,238,439 323,492,248.00000% 0 24,237
94 OTHER 6/3/70 0.00 TX 3,189,353 318,389,705.00000% 0 28,233
95 MULTIFAMILY 6/4/70 0.00 MA 3,206,729 320,519,114.00000% 0 23,821
96 RETAIL 6/5/70 0.00 GA 3,132,951 313,153,835.00000% 0 23,643
97 INDUSTRIAL 6/6/70 0.00 0 3,093,861 309,213,482.00000% 0 25,251
98 MOBILE HOME PARK 6/7/70 0.00 CA 3,055,169 305,364,466.00000% 0 22,729
99 MOBILE HOME PARK 6/8/70 0.00 AZ 2,983,807 298,246,647.00000% 0 22,538
100 RETAIL 6/9/70 0.00 NY 2,903,218 290,226,366.00000% 0 23,455
101 RETAIL 6/10/70 0.00 NY 2,886,388 288,519,935.00000% 0 22,216
102 OTHER 6/11/70 0.00 MD 2,822,626 281,942,890.00000% 0 23,426
103 OFFICE 6/12/70 0.00 CA 2,825,001 282,395,194.00000% 0 22,383
104 MOBILE HOME PARK 6/13/70 0.00 IN 2,788,059 278,706,242.00000% 0 22,148
105 INDUSTRIAL 6/14/70 0.00 CA 2,632,291 263,104,626.00000% 0 19,741
106 MOBILE HOME PARK 6/15/70 0.00 FL 2,586,562 258,522,201.00000% 0 19,002
107 OFFICE 6/16/70 0.00 NY 2,583,090 258,131,179.00000% 0 21,908
108 RETAIL 6/17/70 0.00 TX 2,490,959 248,882,846.00000% 0 20,213
109 INDUSTRIAL 6/18/70 0.00 NY 2,477,984 247,598,579.00000% 0 20,114
110 LODGING 6/19/70 0.00 PA 2,400,000 240,000,000.00000% 0 18,476
111 RETAIL 6/20/70 0.00 TX 2,370,040 236,806,172.00000% 0 19,325
112 OFFICE 6/21/70 0.00 NH 2,361,081 235,889,732.00000% 0 18,795
113 OFFICE 6/22/70 0.00 NY 2,340,711 233,987,042.00000% 0 18,538
114 LODGING 6/23/70 0.00 SC 2,323,000 232,300,000.00000% 0 17,122
115 RETAIL 6/24/70 0.00 TN 2,284,506 228,341,402.00000% 0 17,085
116 MOBILE HOME PARK 6/25/70 0.00 FL 2,282,376 228,131,101.00000% 0 17,279
117 MOBILE HOME PARK 6/26/70 0.00 OR 2,280,081 227,891,502.00000% 0 16,893
118 OTHER 6/27/70 0.00 CT 2,263,589 226,103,770.00000% 0 18,868
119 MOBILE HOME PARK 6/28/70 0.00 AZ 2,240,928 223,990,931.00000% 0 17,035
120 MULTIFAMILY 6/29/70 0.00 CT 2,240,578 223,979,910.00000% 0 17,902
121 MULTIFAMILY 6/30/70 0.00 FL 2,198,709 219,772,756.00000% 0 16,867
122 MIXED USE 7/1/70 0.00 NY 2,189,740 218,847,612.00000% 0 19,413
123 MULTIFAMILY 7/2/70 0.00 TX 2,185,651 218,477,265.00000% 0 17,111
124 RETAIL 7/3/70 0.00 SC 2,091,589 209,082,199.00000% 0 16,491
125 RETAIL 7/4/70 0.00 NY 1,988,730 198,727,842.00000% 0 16,470
126 MOBILE HOME PARK 7/5/70 0.00 AZ 1,879,177 187,806,556.00000% 0 13,442
127 MOBILE HOME PARK 7/6/70 0.00 TX 1,786,210 178,531,282.00000% 0 13,233
128 MULTIFAMILY 7/7/70 0.00 NJ 1,783,303 178,230,835.00000% 0 12,895
129 OTHER 7/8/70 0.00 OH 1,775,462 177,468,857.00000% 0 14,090
130 OTHER 7/9/70 0.00 GA 1,575,639 157,283,877.00000% 0 13,541
131 MULTIFAMILY 7/10/70 0.00 NY 1,492,319 149,179,040.00000% 0 11,940
132 RETAIL 7/11/70 0.00 AZ 1,491,022 149,035,871.00000% 0 11,332
133 MOBILE HOME PARK 7/12/70 0.00 MA 1,489,683 148,903,790.00000% 0 11,459 B
134 MULTIFAMILY 7/13/70 0.00 FL 1,483,734 148,261,301.00000% 0 12,460
135 MULTIFAMILY 7/14/70 0.00 SC 1,438,844 143,821,398.00000% 0 11,088
136 MOBILE HOME PARK 7/15/70 0.00 WA 1,393,742 139,320,734.00000% 0 10,904
137 RETAIL 7/16/70 0.00 FL 1,315,738 131,524,643.00000% 0 10,281
138 MULTIFAMILY 7/17/70 0.00 CT 1,312,894 131,230,680.00000% 0 9,926
139 MULTIFAMILY 7/18/70 0.00 CT 1,312,894 131,230,680.00000% 0 9,926
140 MULTIFAMILY 7/19/70 0.00 TX 1,310,346 130,924,349.00000% 0 10,693
141 MOBILE HOME PARK 7/20/70 0.00 AZ 1,292,136 129,155,290.00000% 0 9,785
142 MOBILE HOME PARK 7/21/70 0.00 NH 1,263,532 126,138,456.00000% 0 10,939
143 RETAIL 7/22/70 0.00 CA 1,242,185 124,137,469.00000% 0 10,705
144 MULTIFAMILY 7/23/70 0.00 TX 1,238,303 123,735,649.00000% 0 10,277
145 MULTIFAMILY 7/24/70 0.00 TX 1,193,402 119,293,241.00000% 0 9,333
146 MULTIFAMILY 7/25/70 0.00 CT 1,112,861 111,232,204.00000% 0 8,273
147 OFFICE 7/26/70 0.00 WA 1,095,083 109,466,291.00000% 0 8,567
148 INDUSTRIAL 7/27/70 0.00 NJ 1,040,175 103,937,946.00000% 0 8,633
149 OFFICE 7/28/70 0.00 PA 1,015,913 101,558,313.00000% 0 8,229
150 MULTIFAMILY 7/29/70 0.00 FL 995,512 99,512,736.00000% 0 7,778 B
151 MULTIFAMILY 7/30/70 0.00 TX 987,824 98,702,356.00000% 0 8,137
152 MULTIFAMILY 7/31/70 0.00 TX 986,706 98,587,619.00000% 0 8,052
153 SELF STORAGE 8/1/70 0.00 TX 931,355 93,106,552.00000% 0 7,607
154 MULTIFAMILY 8/2/70 0.00 PA 888,474 88,815,503.00000% 0 7,036
155 MULTIFAMILY 8/3/70 0.00 NJ 838,672 83,837,056.00000% 0 6,642
156 MOBILE HOME PARK 8/4/70 0.00 FL 833,891 83,350,052.00000% 0 6,293
157 MOBILE HOME PARK 8/5/70 0.00 NY 818,452 81,787,141.00000% 0 6,923
158 MULTIFAMILY 8/6/70 0.00 NY 793,409 79,289,353.00000% 0 6,920
159 MULTIFAMILY 8/7/70 0.00 FL 791,325 79,072,690.00000% 0 6,645
160 MULTIFAMILY 8/8/70 0.00 PA 769,455 76,912,801.00000% 0 5,959
161 MULTIFAMILY 8/9/70 0.00 TX 695,979 69,538,110.00000% 0 5,618
162 MULTIFAMILY 8/10/70 0.00 FL 695,885 69,560,925.00000% 0 5,445
163 MULTIFAMILY 8/11/70 0.00 PA 694,992 69,469,636.00000% 0 5,382
164 MULTIFAMILY 8/12/70 0.00 PA 645,428 64,517,732.00000% 0 5,114
165 MULTIFAMILY 8/13/70 0.00 NJ 617,989 61,783,122.00000% 0 5,213
166 MULTIFAMILY 8/14/70 0.00 PA 597,693 59,743,879.00000% 0 4,629
167 MULTIFAMILY 8/15/70 0.00 TX 595,561 59,513,154.00000% 0 4,994
168 MULTIFAMILY 8/16/70 0.00 FL 594,524 59,408,358.00000% 0 4,984 B
169 MIXED USE 8/17/70 0.00 NY 498,882 49,877,521.00000% 0 4,296 B
170 MULTIFAMILY 8/18/70 0.00 TX 497,027 49,672,442.00000% 0 4,368
171 MULTIFAMILY 8/19/70 0.00 NJ 409,154 40,898,833.00000% 0 3,204
172 MULTIFAMILY 8/20/70 0.00 NJ 334,672 33,453,657.00000% 0 2,621
173 MULTIFAMILY 8/21/70 0.00 NJ 297,928 29,780,699.00000% 0 2,333
1,302,196,397 15 9,961,106
* NOI AND DSCR, IF AVAILABLE AND REPORTABLE UNDER THE TERMS OF THE TRUST AGREEMENT, ARE BASED ON INFORMATION OBTAINED FROM THE RELATED BORROWER, AND NO OTHER PARTY TO THE AGREEMENT SHALL BE HELD LIABLE FOR THE
ACCURACY OR METHODOLOGY USED TO DETERMINE SUCH FIGURES.
(1) LEGEND: A. P&I ADV - IN GRACE PERIOD 1. P&I ADV - DELINQUENT 1 MONTH 3. P&I ADV - DELINQUENT 3+ MONTHS 7. FORECLOSURE
B. P&I ADV - < ONE MONTH DELINQ 2. P&I ADV - DELINQUENT 2 MONTHS 4. MAT. BALLOON/ASSUMED P&I 9. REO
11/15/2000 - 11:37 (D660-D679) 2000 LASALLE BANK N.A. PAGE 16 OF 26
ABN AMRO
LASALLE BANK N.A.
LB-UBS COMMERCIAL MORTGAGE TRUST SERIES 2000-C3 STATEMENT DATE: 11/17/2000
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR PAYMENT DATE: 11/17/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 10/17/2000
NEXT PAYMENT: 12/15/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES RECORD DATE: 10/31/2000
SERIES 2000-C3
ABN AMRO ACCT: 67-8521-80-8
SPECIALLY SERVICED (PART I) ~ LOAN DETAIL
NOI
DSCR
DISCLOSURE
CONTROL #
SERVICING
XFER DATE
BALANCE
NOTE
RATE
MATURITY
DATE
REMAINING
PROPERTY
TYPE
STATE
NOI
DATE
SCHEDULE ACTUAL LIFE AMORT.
11/15/2000 - 11:37 (D660-D679) 2000 LASALLE BANK N.A. PAGE 23 OF 26
ABN AMRO
LASALLE BANK N.A.
LB-UBS COMMERCIAL MORTGAGE TRUST SERIES 2000-C3
STATEMENT DATE: 11/17/2000
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR PAYMENT DATE: 11/17/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 10/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES NEXT PAYMENT: 12/15/2000
RECORD DATE: 10/31/2000
SERIES 2000-C3
ABN AMRO ACCT: 67-8521-80-8
MODIFIED LOAN DETAIL
CUTOFF
MATURITY
DATE
MODIFIED
MATURITY
DATE
DISCLOSURE
CONTROL #
MODIFICATION
DATE
MODIFICATION
DESCRIPTION
11/15/2000 - 11:37 (D660-D679) 2000 LASALLE BANK N.A. PAGE 24 OF 26
ABN AMRO
LASALLE BANK N.A.
LB-UBS COMMERCIAL MORTGAGE TRUST SERIES 2000-C3
STATEMENT DATE: 11/17/2000
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR PAYMENT DATE: 11/17/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 10/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES NEXT PAYMENT: 12/15/2000
RECORD DATE: 10/31/2000
SERIES 2000-C3
ABN AMRO ACCT: 67-8521-80-8
REALIZED LOSS DETAIL
BEGINNING
SCHEDULED
BALANCE
GROSS PROCEEDS
AS A % OF
SCHED. BALANCE
AGGREGATE
LIQUIDATION
EXPENSES *
NET
LIQUIDATION
PROCEEDS
NET PROCEEDS
AS A % OR
SCHED. BALANCE
PERIOD
DISCLOSURE
CONTROL #
APPRAISAL
DATE
APPRAISAL
VALUE
GROSS
PROCEEDS
REALIZED
LOSS
CURRENT TOTAL
CUMULATIVE
* AGGREGATE LIQUIDATION EXPENSES ALSO INCLUDE OUTSTANDING P&I ADVANCES AND UNPAID SERVICING FEES, UNPAID TRUSTEE FEES, ETC..
11/15/2000 - 11:37 (D660-D679) 2000 LASALLE BANK N.A. PAGE 25 OF 26
ABN AMRO
LASALLE BANK N.A.
LB-UBS COMMERCIAL MORTGAGE TRUST SERIES 2000-C3
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR STATEMENT DATE: 11/17/2000
PAYMENT DATE: 11/17/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 10/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES
NEXT PAYMENT: 12/15/2000
SERIES 2000-C3 RECORD DATE: 10/31/2000
ABN AMRO ACCT: 67-8521-80-8
APPRAISAL REDUCTION DETAIL
DISCLOSURE
CONTROL#
APPRAISAL
RED. DATE
SCHEDULED
BALANCE
REDUCTION
AMOUNT
NOTE
RATE
MATURITY
DATE
REMAINING TERM
LIFE AMORT.
PROPERTY
TYPE
STATE
DSCR
APPRAISAL
VALUE DATE
PAGE 26 OF 26
11/15/2000 - 11:37 (D660-D679) 2000 LASALLE BANK N.A.


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