COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2000-C4
8-K, 2000-10-13
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 (Date of earliest event reported)  September 28, 2000


                     Structured Asset Securities Corporation

             (Exact Name of Registrant as Specified in Its Charter)


 Delaware                             333-31070                74-2440858
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(State or Other Jurisdiction        (Commission               (IRS Employer
of Incorporation)                    File Number)           Identification No.)


 200 Vesey Street, New York, New York                              10285
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(Address of Principal Executive Offices)                         (Zip Code)
Registrant's telephone number, including area code  (212) 526-7000


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          (Former Name or Former Address, if Changed Since Last Report)






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Item 5.  Other Events.


     On September 28, 2000, a single series of certificates, entitled LB-UBS
Commercial Mortgage Trust 2000-C4, Commercial Mortgage Pass-Through
Certificates, Series 2000-C4 (the "Certificates"), was issued pursuant to a
pooling and servicing agreement (the "Pooling and Servicing Agreement"), entered
into by and among Structured Asset Securities Corporation (the "Registrant"), a
master servicer, a special servicer, a trustee and a fiscal agent. The Pooling
and Servicing Agreement is attached hereto as Exhibit 4.1. Certain classes of
the Certificates, designated as Class A-1, Class A-2, Class B, Class C, Class D,
Class E, Class F and Class G (collectively, the "Underwritten Certificates")
were registered under the Registrant's registration statement on Form S-3 (no.
333-31070) and sold to Lehman Brothers Inc., UBS Warburg LLC and Deutsche Bank
Securities Inc. (collectively, the "Underwriters") pursuant to an underwriting
agreement between the Registrant and the Underwriters. The Underwriting
Agreement is attached hereto as Exhibit 1.1. Certain of the mortgage loans
backing the Underwritten Certificates (the "UBS Mortgage Loans") were acquired
by the Depositor from UBS Principal Finance LLC ("UBSPF") pursuant to a Mortgage
Loan Purchase Agreement, dated as of September 21, 2000 (the "UBS/Depositor
Mortgage Loan Purchase Agreement"), which agreement contains representations and
warranties made by UBSPF to the Depositor with respect to the UBS Mortgage
Loans. Similar representations and warranties have been made by the Depositor in
the Pooling and Servicing Agreement with respect to the other mortgage loans
backing the Underwritten Certificates. The form of the UBS/Depositor Mortgage
Loan Purchase Agreement is attached hereto as Exhibit 99.1.

Item 7.  Financial Statements and Exhibits.


(a)  Financial statements of businesses acquired:


         Not applicable.

(b)  Pro forma financial information:


         Not applicable.

(c)  Exhibits:

Exhibit No.       Description

1.1               Underwriting Agreement, dated as of September 21, 2000, among
                  Structured Asset Securities Corporation as seller and Lehman
                  Brothers Inc., UBS Warburg LLC and Deutsche Bank Securities
                  Inc. as underwriters.

4.1               Pooling and Servicing Agreement, dated as of September 11,
                  2000, among Structured Asset Securities Corporation as
                  depositor, ORIX Real Estate Capital Markets LLC as master
                  servicer and special servicer, LaSalle Bank National
                  Association as trustee and ABN AMRO Bank N.V. as fiscal agent.


                                       2
<PAGE>
99.1              Form of Mortgage Loan Purchase Agreement, dated as of
                  September 21, 2000, between UBS Principal Finance LLC as
                  seller and Structured Asset Securities Corporation as
                  purchaser.






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                                   SIGNATURES

         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, thereunto duly authorized.

Date:  October 11, 2000


                                             STRUCTURED ASSET SECURITIES
                                                 CORPORATION

                                             By: /s/ Mary Pat Archer
                                                -------------------------------
                                                  Name:  Mary Pat Archer
                                                  Title: Senior Vice President




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                                  EXHIBIT INDEX

                  The following exhibits are filed herewith:

<TABLE>
<CAPTION>
Exhibit No.                                                                     Page No.
<S>               <C>                                                             <C>
1.1               Underwriting Agreement, dated as of September 21, 2000, among
                  Structured Asset Securities Corporation, as seller and Lehman
                  Brothers Inc., UBS Warburg LLC and Deutsche Bank Securities
                  Inc. as underwriters.

4.1               Pooling and Servicing Agreement, dated as of September 11,
                  2000, among Structured Asset Securities Corporation as
                  depositor, ORIX Real Estate Capital Markets LLC as master
                  servicer and special servicer, LaSalle Bank National
                  Association as trustee and ABN AMRO Bank N.V. as fiscal agent.

99.1              Form of Mortgage Loan Purchase Agreement, dated as of
                  September 21, 2000, between UBS Principal Finance LLC as
                  seller and Structured Asset Securities Corporation as
                  purchaser.

</TABLE>





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