STRUCTURED ASSET SEC CORP COM MORT PAS THR CERTS SER 2000-C3
8-K, 2000-12-21
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: December 15, 2000























































































































































































































































ABN AMRO
LASALLE BANK N.A.
LB-UBS COMMERCIAL MORTGAGE TRUST SERIES 2000-C3
STATEMENT DATE: 12/15/2000
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR PAYMENT DATE: 12/15/2000
135 S. LASALLE STREET SUITE 1625
CHICAGO, IL 60603-4159
FIRST UNION NATIONAL BANK, AS SERVICER
PRIOR PAYMENT: 11/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES NEXT PAYMENT: 01/18/2001
SERIES 2000-C3 RECORD DATE: 11/30/2000
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_200012_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
12/13/2000 - 10:40 (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: 12/15/2000
FIRST UNION NATIONAL BANK, AS SERVICER PAYMENT DATE: 12/15/2000
WAC: 8.352141% COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES PRIOR PAYMENT: 11/17/2000
NEXT PAYMENT: 01/18/2001
WAMM: 235 SERIES 2000-C3
RECORD DATE: 11/30/2000
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-1 400,000,000.00 395,899,461.38 882,048.78 0.00 0.00 395,017,412.60 2,622,833.93 0.00 7.95000000%
52108HAS3 989.748653450 2.205121950 0.000000000 0.000000000 987.543531500 6.557084825 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 1,301,590,947.06 0.00 0.00 0.00 1,300,708,897.60 349,545.09 0.00 0.32226262%
52108HBA1 996.859489407 0.000000000 0.000000000 0.000000000 996.183947389 0.267708792 0.000000000 0.322994136%
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 1,301,590,946.38 882,048.78 0.00 0.00 1,300,708,897.60 8,946,373.12 0.00
TOTAL P&I PAYMENT 9,828,421.90
LA-1 400,000,000.00 395,899,461.38 882,048.78 0.00 0.00 395,017,412.60 2,721,180.80 0.00 8.24809649%
989.748653450 2.205121950 0.000000000 0.000000000 987.543531500 6.802952000 0.000000000 8.248811617%
LA-2 641,288,000.00 641,288,000.00 0.00 0.00 0.00 641,288,000.00 4,407,837.75 0.00 8.24809649%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.873413739 0.000000000 8.248811617%
LB 71,813,000.00 71,813,000.00 0.00 0.00 0.00 71,813,000.00 493,600.46 0.00 8.24809649%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.873413727 0.000000000 8.248811617%
LC 48,964,000.00 48,964,000.00 0.00 0.00 0.00 48,964,000.00 336,549.83 0.00 8.24809649%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.873413733 0.000000000 8.248811617%
LD 19,585,000.00 19,585,000.00 0.00 0.00 0.00 19,585,000.00 134,615.81 0.00 8.24809649%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.873413837 0.000000000 8.248811617%
LE 13,057,000.00 13,057,000.00 0.00 0.00 0.00 13,057,000.00 89,746.16 0.00 8.24809649%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.873413495 0.000000000 8.248811617%
LF 13,057,000.00 13,057,000.00 0.00 0.00 0.00 13,057,000.00 89,746.16 0.00 8.24809649%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.873413495 0.000000000 8.248811617%
LG 11,751,000.00 11,751,000.00 0.00 0.00 0.00 11,751,000.00 80,769.48 0.00 8.24809649%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.873413327 0.000000000 8.248811617%
LH 20,891,000.00 20,891,000.00 0.00 0.00 0.00 20,891,000.00 143,592.49 0.00 8.24809649%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.873413910 0.000000000 8.248811617%
LJ 16,322,000.00 16,322,000.00 0.00 0.00 0.00 16,322,000.00 112,187.86 0.00 8.24809649%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.873413797 0.000000000 8.248811617%
LK 9,792,000.00 9,792,000.00 0.00 0.00 0.00 9,792,000.00 67,304.47 0.00 8.24809649%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.873414011 0.000000000 8.248811617%
LL 10,446,000.00 10,446,000.00 0.00 0.00 0.00 10,446,000.00 71,799.68 0.00 8.24809649%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.873413747 0.000000000 8.248811617%
LM 11,751,000.00 11,751,000.00 0.00 0.00 0.00 11,751,000.00 80,769.48 0.00 8.24809649%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.873413327 0.000000000 8.248811617%
LN 3,917,000.00 3,917,000.00 0.00 0.00 0.00 3,917,000.00 26,923.16 0.00 8.24809649%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.873413327 0.000000000 8.248811617%
LP 13,057,485.00 13,057,485.00 0.00 0.00 0.00 13,057,485.00 89,749.53 0.00 8.24809649%
1000.000000000 0.000000000 0.000000000 0.000000000 1000.000000000 6.873416282 0.000000000 8.248811617%
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 1,301,590,946.38 882,048.78 0.00 0.00 1,300,708,897.60 8,946,373.12 0.00
TOTAL P&I PAYMENT 9,828,421.90
REGUAL INTERESTS 1,305,691,485.00 1,301,590,946.38 882,048.78 0.00 0.00 1,300,708,897.60 8,946,373.12 0.00 8.24809649%
996.859488886 0.675541497 0.000000000 0.000000000 996.183947389 6.851827727 0.000000000 8.248811617%
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 1,301,590,946.38 882,048.78 0.00 0.00 1,300,708,897.60 8,946,373.12 0.00
TOTAL P&I PAYMENT 9,828,421.90
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
12/13/2000 - 10:40 (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: 12/15/2000
FIRST UNION NATIONAL BANK, AS SERVICER PAYMENT DATE: 12/15/2000
PRIOR PAYMENT: 11/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES NEXT PAYMENT: 01/18/2001
SERIES 2000-C3 RECORD DATE: 11/30/2000
ABN AMRO ACCT: 67-8521-80-8
CASH RECONCILIATION SUMMARY
INTEREST SUMMARY SERVICING FEE SUMMARY PRINCIPAL SUMMARY
CURRENT SCHEDULED INTEREST 8,551,794.74 CURRENT SERVICING FEES 104,270.15 SCHEDULED:
LESS DEFERRED INTEREST 0.00 PLUS FEES ADVANCED FOR PPIS 0.00 CURRENT SCHEDULED PRINCIPAL 831,749.46
PLUS ADVANCE INTEREST 501,234.76 LESS REDUCTION FOR PPIS 0.00 ADVANCED SCHEDULED PRINCIPAL 50,299.39
PLUS UNSCHEDULED INTEREST 0.00 PLUS UNSCHEDULED SERVICING FEES 0.00 SCHEDULED PRINCIPAL DISTRIBUTION 882,048.85
PPIS REDUCING SCHEDULED INTEREST 0.00 TOTAL SERVICING FEES PAID 104,270.15 UNSCHEDULED:
LESS TOTAL FEES PAID TO SERVICER (104,270.15) CURTAILMENTS (0.07)
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 8,948,759.35 REDUCED BY SHORTFALLS IN FEES 0.00 UNSCHEDULED PRINCIPAL DISTRIBUTION (0.07)
LESS TRUSTEE FEE (2,386.25) REDUCED BY OTHER AMOUNTS 0.00 REMITTANCE PRINCIPAL 882,048.78
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 9,830,808.13
REMITTANCE INTEREST 8,946,373.10 PPIS ALLOCATED TO CERTIFICATES 0.00
POOL BALANCE SUMMARY
BALANCE/AMOUNT COUNT
BEGINNING POOL 1,301,590,947.74 176
SCHEDULED PRINCIPAL DISTRIBUTION 882,048.85
UNSCHEDULED PRINCIPAL DISTRIBUTION (0.07) 0
DEFERRED INTEREST 0.00
LIQUIDATIONS 0.00 0
REPURCHASES 0.00 0
ENDING POOL 1,300,708,898.96 176
ADVANCES
PRIOR OUTSTANDING CURRENT PERIOD RECOVERED ENDING OUTSTANDING
PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST
MADE BY: SERVICER 2,936.45 52,071.46 50,299.39 501,234.76 2,496.10 47,577.44 50,739.74 505,728.79
12/13/2000 - 10:40 (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: 12/15/2000
PAYMENT DATE: 12/15/2000
FIRST UNION NATIONAL BANK, AS SERVICER
PRIOR PAYMENT: 11/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES
NEXT PAYMENT: 01/18/2001
SERIES 2000-C3
RECORD DATE: 11/30/2000
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% 2,622,833.93 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,622,833.93 2,622,833.93 0.00 69.36% 69.63%
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% 20.33%
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% 14.81%
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% 11.04%
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% 9.54%
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% 7.53%
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% 6.63%
X 30/360 30 0.322262618% 349,545.09 0.00 0.00 0.00 0.00 0.00 0.00 0.00 349,545.09 349,545.09 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% 1.31%
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%
8,946,373.12 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8,946,373.12 8,946,373.12 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
12/13/2000 - 10:40 (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: 12/15/2000
PAYMENT DATE: 12/15/2000
FIRST UNION NATIONAL BANK, AS SERVICER
PRIOR PAYMENT: 11/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES
NEXT PAYMENT: 01/18/2001
SERIES 2000-C3 RECORD DATE: 11/30/2000
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
12/15/00 2 1,288,658 0 0 0 0 0 0 0 0 0 0 0 0 0 0
1.14% 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%
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
12/13/2000 - 10:40 (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: 12/15/2000
PAYMENT DATE: 12/15/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 11/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES
NEXT PAYMENT: 01/18/2001
SERIES 2000-C3 RECORD DATE: 11/30/2000
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
12/15/00 176 1,300,708,899 0 0 0 0 0 0 0 0 0 0 235 329 8.35% 8.25%
101.73% 99.62% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
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
12/13/2000 - 10:40 (D660-D679) 2000 LASALLE BANK N.A.
ABN AMRO
LASALLE BANK N.A.
LB-UBS COMMERCIAL MORTGAGE TRUST SERIES 2000-C3 STATEMENT DATE: 12/15/2000
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR PAYMENT DATE: 12/15/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 11/17/2000
NEXT PAYMENT: 01/18/2001
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES RECORD DATE: 11/30/2000
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
6 11/1/00 195,958.69 195,958.69 0.00 B
25 11/1/00 78,593.50 78,593.50 0.00 B
34 11/11/00 69,672.50 69,672.50 0.00 B
36 11/11/00 67,915.69 67,915.69 0.00 B
75 11/11/00 30,260.27 30,260.27 0.00 B
111 11/6/00 19,128.11 19,128.11 0.00 B
131 11/11/00 11,815.73 11,815.73 0.00 B
138 11/11/00 9,816.64 9,816.64 0.00 B
139 11/11/00 9,816.64 9,816.64 0.00 B
144 11/11/00 10,173.69 10,173.69 0.00 B
148 11/11/00 8,545.89 8,545.89 0.00 B
150 11/11/00 7,694.97 7,694.97 0.00 B
152 11/1/00 7,970.11 7,970.11 0.00 B
162 10/11/00 5,386.56 5,386.56 0.00 1
166 11/11/00 4,579.07 4,579.07 0.00 B
167 11/11/00 4,944.57 4,944.57 0.00 B
168 10/11/00 4,934.42 9,868.79 0.00 1
170 11/11/00 4,327.09 4,327.09 0.00 B
TOTAL 551,534.15 556,468.53
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
12/13/2000 - 10:40 (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: 12/15/2000
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR PAYMENT DATE: 12/15/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 11/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES NEXT PAYMENT: 01/18/2001
SERIES 2000-C3 RECORD DATE: 11/30/2000
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
12/13/2000 - 10:40 (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: 12/15/2000
PAYMENT DATE: 12/15/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 11/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES NEXT PAYMENT: 01/18/2001
SERIES 2000-C3 RECORD DATE: 11/30/2000
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 52,060,204 4.00 % 114 8.56 % 0.00
2,000,000 TO 4,000,000 53 158,104,356 12.16 % 144 8.54 % 0.00
4,000,000 TO 6,000,000 25 121,598,903 9.35 % 121 8.42 % 0.00
6,000,000 TO 8,000,000 6 41,324,398 3.18 % 169 8.37 % 0.00
8,000,000 TO 10,000,000 13 115,020,828 8.84 % 217 8.37 % 0.00
10,000,000 TO 15,000,000 16 193,525,868 14.88 % 178 8.57 % 0.00
15,000,000 TO 20,000,000 5 86,769,133 6.67 % 301 8.60 % 0.00
20,000,000 TO 25,000,000 2 43,271,131 3.33 % 350 8.67 % 0.00
25,000,000 TO 50,000,000 3 88,059,962 6.77 % 175 8.13 % 0.00
50,000,000 TO 75,000,000 1 51,506,084 3.96 % 348 8.82 % 0.00
75,000,000 TO 100,000,000 1 87,777,055 6.75 % 348 8.18 % 0.00
100,000,000 TO 125,000,000 1 113,193,060 8.70 % 348 8.18 % 0.00
125,000,000 TO 150,000,000 1 148,497,918 11.42 % 344 7.68 % 0.00
150,000,000 & ABOVE 0 0 0.00 % 0 0.00 % 0.00
176 1,300,708,899 100.00 %
AVERAGE SCHEDULE BALANCE 7,390,391
MAXIMUM SCHEDULE BALANCE 148,497,918
MINIMUM SCHEDULE BALANCE 297,614
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 20,591,892 1.58 % 104 7.47 % 0.00
7.500% TO 7.750% 4 156,215,209 12.01 % 332 7.68 % 0.00
7.750% TO 8.000% 8 102,139,189 7.85 % 104 7.85 % 0.00
8.000% TO 8.250% 36 383,780,089 29.51 % 255 8.17 % 0.00
8.250% TO 8.500% 37 156,978,629 12.07 % 164 8.40 % 0.00
8.500% TO 8.750% 40 201,513,128 15.49 % 220 8.63 % 0.00
8.750% TO 9.000% 28 160,590,468 12.35 % 234 8.85 % 0.00
9.000% TO 9.250% 14 103,914,923 7.99 % 303 9.13 % 0.00
9.250% TO 9.500% 3 1,905,965 0.15 % 109 9.45 % 0.00
9.500% TO 9.750% 2 2,685,149 0.21 % 111 9.65 % 0.00
9.750% & ABOVE 1 10,394,258 0.80 % 348 9.82 % 0.00
176 1,300,708,899 100.00 %
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 49,139,428 3.78 % 48 8.67 % 0.00
61 TO 120 128 525,955,029 40.44 % 103 8.29 % 0.00
121 TO 180 0 0 0.00 % 0 0.00 % 0.00
181 TO 240 1 1,773,480 0.14 % 230 8.71 % 0.00
241 & ABOVE 33 699,924,939 53.81 % 347 8.37 % 0.00
171 1,276,792,876 98.16 %
MINIMUM REMAINING TERM 41
MAXIMUM REMAINING TERM 350
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 23,916,023 1.84 % 230 8.61 % 0.00
241 & ABOVE 0 0 0.00 % 0 0.00 % 0.00
5 23,916,023 1.84 %
MINIMUM REMAINING TERM 229
MAXIMUM REMAINING TERM 231
12/13/2000 - 10:40 (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: 12/15/2000
PAYMENT DATE: 12/15/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 11/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES NEXT PAYMENT: 01/18/2001
SERIES 2000-C3 RECORD DATE: 11/30/2000
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 1,300,708,899 100.00 % 235 8.35 % 0.00
176 1,300,708,899 100.00 %
MAXIMUM DSCR 0.000
MINIMUM DSCR 0.000
STATE
# OF
LOANS
SCHEDULED
BALANCE
% OF
BALANCE
WAMM WAC PFY DSCR
MARYLAND 9 178,734,564 13.74 % 286 8.16 % 0.00
NEW YORK 25 177,901,388 13.68 % 246 8.74 % 0.00
COLORADO 2 151,851,918 11.67 % 344 7.69 % 0.00
UNDEFINED 7 150,553,352 11.57 % 317 8.53 % 0.00
TEXAS 26 100,699,283 7.74 % 249 8.62 % 0.00
CALIFORNIA 16 98,975,205 7.61 % 128 8.31 % 0.00
NEW JERSEY 13 74,757,277 5.75 % 182 8.49 % 0.00
GEORGIA 6 64,958,695 4.99 % 132 7.93 % 0.00
MISSISSIPPI 3 40,947,322 3.15 % 326 8.58 % 0.00
NORTH CAROLINA 6 39,511,295 3.04 % 146 8.23 % 0.00
FLORIDA 13 31,787,189 2.44 % 118 8.62 % 0.00
ILLINOIS 3 31,024,429 2.39 % 258 8.75 % 0.00
CONNECTICUT 7 30,524,829 2.35 % 174 8.53 % 0.00
MASSACHUSETTS 3 17,408,380 1.34 % 108 8.26 % 0.00
PENNSYLVANIA 9 14,257,275 1.10 % 110 8.86 % 0.00
ARIZONA 6 13,935,183 1.07 % 106 8.00 % 0.00
ALABAMA 2 11,528,139 0.89 % 108 8.46 % 0.00
NEVEDA 1 10,823,190 0.83 % 108 7.96 % 0.00
MINNESOTA 1 10,646,572 0.82 % 110 8.72 % 0.00
ARKANSAS 2 8,072,006 0.62 % 108 8.25 % 0.00
INDIANA 2 7,857,911 0.60 % 109 8.74 % 0.00
SOUTH CAROLINA 3 5,849,784 0.45 % 203 8.70 % 0.00
LOUISIANA 1 5,809,155 0.45 % 109 8.11 % 0.00
NEW HAMPSHIRE 2 3,615,102 0.28 % 62 8.14 % 0.00
UTAH 1 3,358,180 0.26 % 105 8.99 % 0.00
OKLAHOMA 1 3,271,737 0.25 % 109 8.59 % 0.00
MICHIGAN 1 3,230,715 0.25 % 101 7.43 % 0.00
WASHINGTON 2 2,486,311 0.19 % 109 8.64 % 0.00
TENNESSEE 1 2,281,799 0.18 % 106 8.13 % 0.00
OREGON 1 2,277,234 0.18 % 103 8.01 % 0.00
OHIO 1 1,773,480 0.14 % 230 8.71 % 0.00
176 1,300,708,899 100.00 %
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 54,044,959 4.16 % 245 8.60 % 0.00
1.201 1.253 28 224,583,046 17.27 % 167 8.41 % 0.00
1.254 1.305 42 218,492,350 16.80 % 169 8.49 % 0.00
1.306 1.358 27 173,480,797 13.34 % 191 8.27 % 0.00
1.359 1.410 18 64,100,988 4.93 % 162 8.69 % 0.00
1.411 1.463 9 21,859,236 1.68 % 144 8.46 % 0.00
1.464 1.515 8 130,330,093 10.02 % 315 8.18 % 0.00
1.516 1.568 5 10,911,210 0.84 % 105 8.37 % 0.00
1.569 1.620 9 12,059,137 0.93 % 108 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 12.36 % 336 7.75 % 0.00
1.726 1.778 3 56,119,023 4.31 % 343 8.77 % 0.00
1.779 & ABOVE 5 112,267,783 8.63 % 334 8.21 % 0.00
UNKNOWN 10 61,746,358 4.75 % 277 8.95 % 0.00
176 1,300,708,899 100.00 %
MAXIMUM DSCR 2.430
MINIMUM DSCR 1.200
12/13/2000 - 10:40 (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: 12/15/2000
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR PAYMENT DATE: 12/15/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 11/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES NEXT PAYMENT: 01/18/2001
RECORD DATE: 11/30/2000
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 8/11/29 0.00 CO 148,497,918 7.68000% 950,387 0
5 OFFICE 7/1/09 0.00 GA 36,105,279 7.77000% 261,923 0
6 RETAIL 1/1/10 0.00 NJ 26,336,713 8.20000% 198,155 0 B
7 OFFICE 10/6/29 0.00 MS 25,617,969 8.55000% 199,295 0
8 OFFICE 2/11/30 0.00 NJ 22,890,290 8.89000% 183,246 0
9 OFFICE 1/11/30 0.00 NY 20,380,840 8.42000% 156,466 0
10 OFFICE 1/11/30 0.00 NY 18,910,518 9.17000% 155,208 0
11 RETAIL 2/11/30 0.00 TX 17,818,732 9.07000% 144,930 0
12 MULTIFAMILY 7/1/09 0.00 MD 16,829,026 7.95000% 124,148 0
13 RETAIL 12/11/29 0.00 CA 16,727,977 8.17700% 125,650 0
14 OFFICE 10/6/29 0.00 0 16,482,880 8.55000% 128,228 0
15 MULTIFAMILY 1/1/07 0.00 CA 14,708,087 8.17000% 110,356 0
16 OTHER 3/1/20 0.00 CT 14,092,923 8.66000% 125,551 0
17 OFFICE 9/11/09 0.00 NY 13,643,866 8.55000% 106,213 0
18 MULTIFAMILY 1/11/30 0.00 MD 13,425,776 8.62500% 105,002 0
19 OFFICE 7/1/09 0.00 GA 13,227,059 7.77000% 95,955 0
20 SELF STORAGE 11/1/04 0.00 0 12,956,080 8.81000% 108,235 0
21 RETAIL 12/1/09 0.00 MA 12,717,417 8.29000% 96,522 0
22 RETAIL 7/1/10 0.00 IL 12,136,896 8.33000% 106,922 0
23 OFFICE 10/6/29 0.00 MS 11,915,335 8.55000% 92,695 0
24 LODGING 12/1/06 0.00 CA 11,285,533 8.78000% 93,957 0
25 MULTIFAMILY 12/1/09 0.00 NV 10,823,190 7.96000% 79,677 0 B
26 OFFICE 2/1/10 0.00 MN 10,646,572 8.72000% 83,948 0
27 MULTIFAMILY 11/1/09 0.00 NC 10,620,534 8.14000% 79,560 0
28 MULTIFAMILY 2/6/30 0.00 IL 10,205,752 9.25000% 84,324 0
29 OFFICE 1/1/30 0.00 TX 9,689,923 8.20000% 72,906 0
2A RETAIL 12/11/29 0.00 MD 113,193,060 8.17700% 871,310 -0
2B 12/11/29 0.00 0 9,126,853 9.17700% 69,798 0
30 RETAIL 2/11/30 0.00 TX 9,555,808 9.02000% 77,382 0
31 RETAIL 1/1/05 0.00 FL 9,535,387 8.72000% 76,474 0
32 OFFICE 1/1/30 0.00 TX 9,068,774 8.20000% 68,233 0
33 RETAIL 7/1/09 0.00 NC 8,909,963 7.97000% 65,851 0
34 OFFICE 2/11/30 0.00 NY 8,802,695 8.88000% 70,407 0 B
35 RETAIL 8/6/09 0.00 MD 8,754,782 7.48000% 61,759 0
36 INDUSTRIAL 2/11/30 0.00 IL 8,681,781 8.75000% 68,640 0 B
37 RETAIL 8/6/09 0.00 MD 8,606,395 7.48000% 60,713 0
38 RETAIL 1/1/10 0.00 CT 8,200,618 8.31000% 62,328 0
39 RETAIL 1/1/10 0.00 AL 8,053,672 8.48000% 62,167 0
3A RETAIL 12/11/29 0.00 0 87,777,055 8.17700% 687,768 0
3B 12/11/29 0.00 0 10,726,589 9.17700% 82,032 0
40 RETAIL 10/6/09 0.00 CA 8,034,178 8.03000% 59,604 0
41 MULTIFAMILY 2/1/07 0.00 CA 7,708,776 8.48000% 59,481 0
42 MULTIFAMILY 7/11/09 0.00 NY 7,175,139 7.85000% 52,442 0
43 OFFICE 1/11/30 0.00 GA 6,863,097 8.72500% 54,159 0
44 OFFICE 3/1/05 0.00 NY 6,575,156 9.01000% 53,153 0
45 RETAIL 1/11/30 0.00 NC 6,516,000 8.31500% 45,150 0
46 MULTIFAMILY 8/6/09 0.00 CA 6,486,229 7.87500% 47,492 0
47 OFFICE 8/1/09 0.00 NY 5,910,852 8.33000% 47,628 0
48 OTHER 1/1/10 0.00 LA 5,809,155 8.11000% 56,895 0
49 RETAIL 2/11/30 0.00 TX 5,873,950 9.17000% 48,196 0
4A RETAIL 12/1/29 0.00 NY 51,506,084 8.82000% 425,373 0
4B 12/1/29 0.00 0 10,394,258 9.82000% 85,060 0
50 OFFICE 1/11/10 0.00 MD 5,621,355 8.44500% 43,254 0
51 RETAIL 1/11/10 0.00 NY 5,623,478 9.05500% 45,693 0
52 MULTIFAMILY 1/11/30 0.00 MD 5,468,543 8.48000% 42,212 0
53 INDUSTRIAL 10/11/06 0.00 TX 5,459,265 8.37500% 41,804 0
54 MULTIFAMILY 11/1/09 0.00 NC 5,410,050 8.19000% 40,714 0
55 INDUSTRIAL 12/1/09 0.00 NJ 5,313,960 8.13000% 39,742 0
56 INDUSTRIAL 2/1/05 0.00 CA 5,293,365 8.71000% 41,701 0
57 OFFICE 1/1/10 0.00 IN 5,072,534 8.70000% 39,940 0
58 OFFICE 5/1/09 0.00 NJ 4,995,374 8.12500% 37,496 0
59 MULTIFAMILY 11/11/09 0.00 NJ 4,969,589 8.87500% 39,782 0
60 INDUSTRIAL 9/11/09 0.00 NJ 4,936,073 8.50000% 38,253 0
61 OFFICE 2/1/10 0.00 FL 4,708,584 8.69000% 38,858 0
62 RETAIL 12/6/09 0.00 AR 4,346,465 8.25000% 32,868 0
63 MULTIFAMILY 12/1/09 0.00 NC 4,273,672 8.48000% 33,002 0
64 MOBILE HOME PARK 3/1/05 0.00 NY 4,131,927 8.53000% 31,998 0
65 MULTIFAMILY 11/1/06 0.00 TX 4,093,398 8.02000% 30,325 0
66 OFFICE 8/1/09 0.00 CA 4,087,134 8.10000% 30,556 0
67 OFFICE 8/11/09 0.00 GA 4,063,841 8.25000% 30,802 0
68 MOBILE HOME PARK 9/1/09 0.00 AZ 4,059,817 7.63000% 29,034 0
69 MULTIFAMILY 9/1/09 0.00 CA 4,031,264 8.20000% 32,111 0
70 MULTIFAMILY 2/1/07 0.00 TX 4,025,842 8.03000% 29,802 0
71 INDUSTRIAL 9/11/09 0.00 MD 4,019,417 8.63000% 31,515 0
72 RETAIL 10/1/09 0.00 NY 3,951,440 8.64000% 32,587 0
73 LODGING 4/1/10 0.00 PA 3,950,000 8.94000% 29,428 0
74 RETAIL 11/6/09 0.00 CA 3,814,084 8.50000% 29,526 0
75 MULTIFAMILY 2/11/30 0.00 FL 3,782,411 9.00000% 30,576 0 B
76 RETAIL 2/11/10 0.00 NC 3,781,076 8.73000% 29,840 0
77 RETAIL 10/6/09 0.00 CA 3,731,807 8.33000% 28,459 0
78 RETAIL 2/11/30 0.00 TX 3,733,443 9.17000% 30,633 0
79 RETAIL 12/6/09 0.00 AR 3,725,541 8.25000% 28,173 0
80 INDUSTRIAL 10/6/09 0.00 TX 3,722,700 8.43750% 28,668 0
81 MIXED USE 1/1/30 0.00 TX 3,652,355 8.20000% 27,480 0
82 RETAIL 3/1/10 0.00 TX 3,584,824 8.64000% 28,039 0
83 OFFICE 2/11/30 0.00 NY 3,481,863 8.58000% 27,111 0
84 MULTIFAMILY 1/11/30 0.00 NY 3,479,409 8.37500% 26,603 0
85 MULTIFAMILY 10/6/09 0.00 AL 3,474,467 8.43000% 26,739 0
86 OFFICE 11/6/09 0.00 MS 3,414,018 8.86000% 27,293 0
87 MULTIFAMILY 2/1/10 0.00 NY 3,382,887 8.69000% 26,602 0
88 LODGING 9/1/09 0.00 UT 3,358,180 8.99000% 28,509 0
89 RETAIL 1/11/30 0.00 CO 3,354,000 8.32500% 23,268 0
90 INDUSTRIAL 10/1/04 0.00 CA 3,323,702 8.16000% 24,956 0
91 LODGING 4/1/10 0.00 PA 3,300,000 8.94000% 24,585 0
92 INDUSTRIAL 1/1/10 0.00 OK 3,271,737 8.59000% 25,507 0
93 INDUSTRIAL 5/11/09 0.00 MI 3,230,715 7.43000% 24,237 0
94 OTHER 1/1/20 0.00 TX 3,178,403 8.57000% 28,233 0
95 MULTIFAMILY 12/11/09 0.00 MA 3,202,925 8.07000% 23,821 0
96 RETAIL 12/1/09 0.00 GA 3,129,399 8.24000% 23,643 0
97 INDUSTRIAL 1/1/10 0.00 0 3,089,637 8.83000% 25,251 0
98 MOBILE HOME PARK 8/1/06 0.00 CA 3,051,426 8.06000% 22,729 0
99 MOBILE HOME PARK 12/1/09 0.00 AZ 2,980,433 8.25000% 22,538 0
100 RETAIL 1/11/10 0.00 NY 2,900,576 9.00000% 23,455 0
101 RETAIL 1/1/07 0.00 NY 2,883,324 8.46000% 22,216 0
102 OTHER 2/1/20 0.00 MD 2,816,209 8.60000% 23,426 0
103 OFFICE 11/1/09 0.00 CA 2,822,207 8.77000% 22,383 0
104 MOBILE HOME PARK 1/1/10 0.00 IN 2,785,376 8.81000% 22,148 0
105 INDUSTRIAL 10/1/04 0.00 CA 2,629,196 8.16000% 19,741 0
106 MOBILE HOME PARK 9/1/09 0.00 FL 2,583,304 7.93000% 19,002 0
107 OFFICE 2/1/07 0.00 NY 2,578,871 9.05000% 21,908 0
108 RETAIL 7/1/09 0.00 TX 2,486,099 8.43000% 20,213 0
109 INDUSTRIAL 12/1/09 0.00 NY 2,473,390 8.49000% 20,114 0
110 LODGING 4/1/10 0.00 PA 2,400,000 8.94000% 17,880 0
111 RETAIL 8/6/09 0.00 TX 2,365,510 8.50000% 19,325 0 B
112 OFFICE 5/1/04 0.00 NH 2,356,163 8.17000% 18,795 0
113 OFFICE 2/1/05 0.00 NY 2,338,453 8.78000% 18,538 0
114 LODGING 1/11/30 0.00 SC 2,323,000 8.84500% 17,122 0
115 RETAIL 10/1/09 0.00 TN 2,281,799 8.13000% 17,085 0
116 MOBILE HOME PARK 8/6/09 0.00 FL 2,279,716 8.25000% 17,279 0
117 MOBILE HOME PARK 7/11/09 0.00 OR 2,277,234 8.01000% 16,893 0
118 OTHER 2/1/20 0.00 CT 2,258,468 8.65000% 18,868 0
119 MOBILE HOME PARK 9/1/09 0.00 AZ 2,238,367 8.30000% 17,035 0
120 MULTIFAMILY 1/11/10 0.00 CT 2,238,462 8.87500% 17,902 0
121 MULTIFAMILY 7/1/09 0.00 FL 2,196,227 8.39000% 16,867 0
122 MIXED USE 3/11/10 0.00 NY 2,186,617 9.62500% 19,413 0
123 MULTIFAMILY 9/11/09 0.00 TX 2,183,364 8.62500% 17,111 0
124 RETAIL 2/11/10 0.00 SC 2,089,542 8.73000% 16,491 0
125 RETAIL 3/11/10 0.00 NY 1,985,332 8.77000% 16,470 0
126 MOBILE HOME PARK 5/11/09 0.00 AZ 1,876,550 7.62000% 13,442 0
127 MOBILE HOME PARK 9/1/09 0.00 TX 1,784,012 8.02000% 13,233 0
128 MULTIFAMILY 7/1/09 0.00 NJ 1,780,924 7.75000% 12,895 0
129 OTHER 2/1/20 0.00 OH 1,773,480 8.71000% 14,090 0
130 OTHER 2/1/20 0.00 GA 1,570,020 8.18000% 13,541 0
131 MULTIFAMILY 11/11/09 0.00 NY 1,490,890 8.88000% 11,940 0 B
132 RETAIL 11/1/09 0.00 AZ 1,489,347 8.31000% 11,332 0
133 MOBILE HOME PARK 9/1/09 0.00 MA 1,488,039 8.43000% 11,459 0
134 MULTIFAMILY 9/11/09 0.00 FL 1,481,118 8.87500% 12,460 0
135 MULTIFAMILY 7/1/09 0.00 SC 1,437,242 8.44000% 11,088 0
136 MOBILE HOME PARK 1/1/10 0.00 WA 1,392,334 8.64000% 10,904 0
137 RETAIL 3/11/10 0.00 FL 1,314,435 8.64000% 10,281 0
138 MULTIFAMILY 12/11/09 0.00 CT 1,311,414 8.26000% 9,926 0 B
139 MULTIFAMILY 12/11/09 0.00 CT 1,311,414 8.26000% 9,926 0 B
140 MULTIFAMILY 7/1/09 0.00 TX 1,307,824 8.50000% 10,693 0
141 MOBILE HOME PARK 11/1/09 0.00 AZ 1,290,669 8.27000% 9,785 0
142 MOBILE HOME PARK 5/11/09 0.00 NH 1,258,939 8.08000% 10,939 0
143 RETAIL 2/11/10 0.00 CA 1,240,239 9.25000% 10,705 0
144 MULTIFAMILY 11/11/09 0.00 TX 1,236,102 8.75000% 10,277 0 B
145 MULTIFAMILY 11/11/09 0.00 TX 1,192,173 8.62500% 9,333 0
146 MULTIFAMILY 11/1/09 0.00 CT 1,111,530 8.07000% 8,273 0
147 OFFICE 1/1/10 0.00 WA 1,093,977 8.64000% 8,567 0
148 INDUSTRIAL 11/11/09 0.00 NJ 1,038,326 8.75000% 8,633 0 B
149 OFFICE 1/11/10 0.00 PA 1,014,996 9.03000% 8,229 0
150 MULTIFAMILY 1/11/10 0.00 FL 994,502 8.62500% 7,778 0 B
151 MULTIFAMILY 8/11/09 0.00 TX 985,981 8.62500% 8,137 0
152 MULTIFAMILY 7/1/09 0.00 TX 984,807 8.50000% 8,052 0 B
153 SELF STORAGE 1/6/10 0.00 TX 930,538 9.12500% 7,607 0
154 MULTIFAMILY 2/11/10 0.00 PA 887,617 8.78000% 7,036 0
155 MULTIFAMILY 2/11/10 0.00 NJ 837,863 8.78000% 6,642 0
156 MOBILE HOME PARK 9/1/09 0.00 FL 832,917 8.22000% 6,293 0
157 MOBILE HOME PARK 12/11/09 0.00 NY 817,082 9.00000% 6,923 0
158 MULTIFAMILY 11/11/09 0.00 NY 792,168 9.37500% 6,920 0
159 MULTIFAMILY 9/11/09 0.00 FL 789,930 8.87500% 6,645 0
160 MULTIFAMILY 8/11/09 0.00 PA 768,617 8.50000% 5,959 0
161 MULTIFAMILY 8/11/09 0.00 TX 694,617 8.37500% 5,618 0
162 MULTIFAMILY 10/11/09 0.00 FL 695,164 8.62500% 5,445 0 1
163 MULTIFAMILY 8/11/09 0.00 PA 694,235 8.50000% 5,382 0
164 MULTIFAMILY 7/1/09 0.00 PA 644,768 8.75000% 5,114 0
165 MULTIFAMILY 2/11/10 0.00 NJ 617,509 9.50000% 5,213 0
166 MULTIFAMILY 8/11/09 0.00 PA 597,042 8.50000% 4,629 0 B
167 MULTIFAMILY 1/11/10 0.00 TX 594,551 8.90000% 4,994 0 B
168 MULTIFAMILY 11/11/09 0.00 FL 593,493 8.87500% 4,984 0 1
169 MIXED USE 3/11/10 0.00 NY 498,532 9.75000% 4,296 0
170 MULTIFAMILY 2/11/10 0.00 TX 496,288 9.50000% 4,368 0 B
171 MULTIFAMILY 8/11/09 0.00 NJ 408,723 8.62500% 3,204 0
172 MULTIFAMILY 8/11/09 0.00 NJ 334,320 8.62500% 2,621 0
173 MULTIFAMILY 8/11/09 0.00 NJ 297,614 8.62500% 2,333 0
1,300,708,899 9,941,274 0
* 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
12/13/2000 - 10:40 (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: 12/15/2000
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR PAYMENT DATE: 12/15/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 11/17/2000
NEXT PAYMENT: 01/18/2001
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES RECORD DATE: 11/30/2000
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.
12/13/2000 - 10:40 (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: 12/15/2000
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR PAYMENT DATE: 12/15/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 11/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES NEXT PAYMENT: 01/18/2001
RECORD DATE: 11/30/2000
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
12/13/2000 - 10:40 (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: 12/15/2000
STRUCTURED ASSEST SECURITIES CORPORATION, AS DEPOSITOR PAYMENT DATE: 12/15/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 11/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES NEXT PAYMENT: 01/18/2001
RECORD DATE: 11/30/2000
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..
12/13/2000 - 10:40 (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: 12/15/2000
PAYMENT DATE: 12/15/2000
FIRST UNION NATIONAL BANK, AS SERVICER PRIOR PAYMENT: 11/17/2000
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES
NEXT PAYMENT: 01/18/2001
SERIES 2000-C3 RECORD DATE: 11/30/2000
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
12/13/2000 - 10:40 (D660-D679) 2000 LASALLE BANK N.A.


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