UNION PLANTERS MORT PASS THR CERT SER 2000-UP1
8-K, 2000-11-09
ASSET-BACKED SECURITIES
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                                  UNITED STATES
                       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 (Date of earliest event reported):  October 25, 2000


                  SALOMON BROTHERS MORTGAGE SECURITIES VII, INC.
                 Mortgage Pass-Through Certificates, Series 2000-UP1 Trust
              (Exact name of registrant as specified in its charter)



New York (governing law of           333-84249-09       52-2242957
Pooling and Servicing Agreement)     (Commission        IRS EIN
(State or other                      File Number)
jurisdiction
of Incorporation)



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


       Registrant's telephone number, including area code:  (410) 884-2000


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



ITEM 5.  Other Events

 On October 25, 2000 a distribution was made to holders of SALOMON BROTHERS
 MORTGAGE SECURITIES VII, INC., Mortgage Pass-Through Certificates,
 Series 2000-UP1 Trust.


ITEM 7.  Financial Statements and Exhibits

      (c)  Exhibits furnished in accordance with Item 601(a) of
Regulation S-K


           Exhibit Number                        Description

           EX-99.1                             Monthly report distributed to
                                               holders of Mortgage Pass-Through
                                               Certificates, Series 2000-UP1
                                               Trust, relating to the October
                                               25, 2000 distribution.



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



                  SALOMON BROTHERS MORTGAGE SECURITIES VII, INC.
                 Mortgage Pass-Through Certificates, Series 2000-UP1 Trust

              By:   Wells Fargo Bank Minnesota, N.A. as Trustee
              By:   /s/  Sherri Sharps, Vice President
              By:   Sherri Sharps, Vice President
              Date: 11/06/2000


                                INDEX TO EXHIBITS

Exhibit Number               Description

EX-99.1              Monthly report distributed to holders of Mortgage
                     Pass-Through Certificates, Series 2000-UP1 Trust, relating
                     to the October 25, 2000 distribution.





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