ABNAMRO LaSalle ABSTS 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
25, 1996
TRUST CREATED BY NOMURA ASSET SECURITIES CORPORATION
(under a Pooling & Servicing Agreement
dated as of February 1, 1996, which Trust
is
the issuer of Multiclass Pass-Through
Certificates
=============Certificates, Series 1996-CFL)=============
(Exact name of Registrant as specified in its
Charter)
Delaware 33-31337
74-2440858
(State or Other Jurisdiction (Commission
(I.R.S. Employer
of Formation) File No.)
Identification No.)
Structured Asset Securities Corporation, Series 1996-CFL
200 Vesey Street New York, NY
10285
Registrant's telephone number, including area code: (312)
904-7384
The Exhibit Index is on page 2.
Page - 1
Item 1. Changes in control of Registrant.
Not Applicable.
Item 2. Acquistion or Disposition of Assets.
Not Applicable.
Item 3. Bankruptcy or Receivership.
Not Applicable.
Item 4. Changes in Registrant's Certifying Accountant.
Not Applicable.
Item 5. Other Events. Bondholder Statements.
Attached as Exhibits.
Item 6. Resignations of Registrant's Directors.
Not Applicable.
Item 7. Financial Statements,
Pro Forma Financial Information and
Exhibits.
Not Applicable.
Exhibits
Monthly Remittance Statement to the Certificateholders
dated as of
September 25, 1996.
SIGNATURE
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.
LaSalle National Bank, not in
its individual
capacity but solely as a duly
authorized agent of
the Registrant pursuant to
Section 4.02(j) of the
Pooling & Servicing Agreement
dated as of October
1, 1995
By: LaSalle National Bank
/s/ Russell Goldenberg
By: Russell Goldenberg
Title:
Date: September 25, 1996
EXHIBIT INDEX
Sequential
Document
Page Number
Monthly Statement to the Certificateholders
3
dated as of September 25, 1996
Page - 2
ABN AMRO
LaSalle National Bank
Administrator:
Amy Bulger (800) 246-5761
135 S. LaSalle Street Suite 1740
Chicago, IL 60603
Structured Asset Securities Corporation
Midland Loan Services, L.P. as Servicer
J.E. Robert Company, Inc., as Special Servicer
Lehman Brothers - Underwriter
Multiclass Pass-Through Certificates Series 1996-CFL
ABN AMRO Acct: 67-7477-40-8
Statement Date: 10/25/96
Payment Date: 10/25/96
Prior Payment: 09/25/96
Record Date: 09/30/96
^Upper Tier
WAC: 9.106282%
WAMM: 81
Original
Opening
Class Face Value (1)
Balance
CUSIP Per $1,000
Per $1,000
A-1A 149,769,093.00
42,067,121.37
863572HP1 1000.000000
280.879857
A-1B 196,000,000.00
196,000,000.00
863572HQ9 1000.000000
1000.000000
A-1C 441,000,000.00
441,000,000.00
863572HR7 1000.000000
1000.000000
A-2A 171,097,717.00
161,738,877.46
863572HS5 1000.000000
945.301202
A-2B 175,000,000.00
175,000,000.00
863572HT3 1000.000000
1000.000000
B 96,005,662.00
96,005,662.00
863572HY2 1000.000000
1000.000000
C 134,407,927.00
134,407,927.00
863572HZ9 1000.000000
1000.000000
D 134,407,927.00
134,407,927.00
863572JA2 1000.000000
1000.000000
E 96,005,662.00
96,005,662.00
863572JB0 1000.000000
1000.000000
F 57,603,397.00
57,603,397.00
9ABSM668 1000.000000
1000.000000
G 96,005,662.00
96,005,662.00
9ABSM669 1000.000000
1000.000000
H 48,002,831.00
48,002,831.00
9ABSM670 1000.000000
1000.000000
I 67,203,963.00
67,203,963.00
9ABSM671 1000.000000
1000.000000
J 57,603,397.00
57,603,397.00
9ABSM672 1000.000000
1000.000000
X-1 1,574,015,521.85 N
1,466,313,550.22
863572HU0 1000.000000
931.575026
Principal Principal
Negative
Class Payment Adj. or Loss
Amortization
CUSIP Per $1,000 Per $1,000
Per $1,000
A-1A 20,142,647.52 0.00
0.00
863572HP1 134.491350 0.000000
0.000000
A-1B 0.00 0.00
0.00
863572HQ9 0.000000 0.000000
0.000000
A-1C 0.00 0.00
0.00
863572HR7 0.000000 0.000000
0.000000
A-2A 445,507.00 0.00
0.00
863572HS5 2.603816 0.000000
0.000000
A-2B 0.00 0.00
0.00
863572HT3 0.000000 0.000000
0.000000
B 0.00 0.00
0.00
863572HY2 0.000000 0.000000
0.000000
C 0.00 0.00
0.00
863572HZ9 0.000000 0.000000
0.000000
D 0.00 0.00
0.00
863572JA2 0.000000 0.000000
0.000000
E 0.00 0.00
0.00
863572JB0 0.000000 0.000000
0.000000
F 0.00 0.00
0.00
9ABSM668 0.000000 0.000000
0.000000
G 0.00 0.00
0.00
9ABSM669 0.000000 0.000000
0.000000
H 0.00 0.00
0.00
9ABSM670 0.000000 0.000000
0.000000
I 0.00 0.00
0.00
9ABSM671 0.000000 0.000000
0.000000
J 0.00 0.00
0.00
9ABSM672 0.000000 0.000000
0.000000
X-1 0.00 0.00
0.00
863572HU0 0.000000 0.000000
0.000000
Closing Interest
Interest
Class Balance Payment
Adjustment
CUSIP Per $1,000 Per $1,000
Per $1,000
A-1A 21,924,473.85 201,508.78
6,924.70
863572HP1 146.388507 1.345463
0.046236
A-1B 196,000,000.00 939,330.00
0.00
863572HQ9 1000.000000 4.792500
0.000000
A-1C 441,000,000.00 2,184,420.00
0.00
863572HR7 1000.000000 4.953333
0.000000
A-2A 161,293,370.46 1,044,563.58
0.00
863572HS5 942.697385 6.105070
0.000000
A-2B 175,000,000.00 985,687.50
0.00
863572HT3 1000.000000 5.632500
0.000000
B 96,005,662.00 504,269.74
0.00
863572HY2 1000.000000 5.252500
0.000000
C 134,407,927.00 730,843.10
0.00
863572HZ9 1000.000000 5.437500
0.000000
D 134,407,927.00 787,854.47
0.00
863572JA2 1000.000000 5.861667
0.000000
E 96,005,662.00 620,036.57
0.00
863572JB0 1000.000000 6.458333
0.000000
F 57,603,397.00 372,021.94
0.00
9ABSM668 1000.000000 6.458333
0.000000
G 96,005,662.00 620,036.57
0.00
9ABSM669 1000.000000 6.458333
0.000000
H 48,002,831.00 310,018.28
0.00
9ABSM670 1000.000000 6.458333
0.000000
I 67,203,963.00 434,025.59
0.00
9ABSM671 1000.000000 6.458333
0.000000
J 57,603,397.00 348,815.24
0.00
9ABSM672 1000.000000 6.055463
0.000000
X-1 1,446,170,902.70 1,683,957.10
63,493.18
863572HU0 918.778044 1.069848
0.040338
Pass-Through
Class Rate (2)
CUSIP Next Rate (3)
A-1A 5.711000%
863572HP1 Fixed
A-1B 5.751000%
863572HQ9 Fixed
A-1C 5.944000%
863572HR7 Fixed
A-2A 7.750000%
863572HS5 Fixed
A-2B 6.759000%
863572HT3 Fixed
B 6.303000%
863572HY2 Fixed
C 6.525000%
863572HZ9 Fixed
D 7.034000%
863572JA2 Fixed
E 7.750000%
863572JB0 Fixed
F 7.750000%
9ABSM668 Fixed
G 7.750000%
9ABSM669 Fixed
H 7.750000%
9ABSM670 Fixed
I 7.750000%
9ABSM671 Fixed
J 7.750000%
9ABSM672 Fixed
X-1 1.326153%
863572HU0 1.304360%
Notes: (1) N denotes notional balance not included in total
(2) Interest Paid minus Interest Adjustment minus Deferred
Interest equals Accrual (3) Estimated
Original
Opening
Class Face Value (1)
Balance
CUSIP Per $1,000
Per $1,000
X-1A 1,151,590,609.00 N
1,043,888,637.37
863572HV8 1000.000000
906.475469
X-2 346,097,717.57 N
336,738,878.03
863572HW6 1000.000000
972.958968
X-2A 346,097,717.00 N
336,738,877.46
863572HX4 1000.000000
972.958968
P 6,426,983.83
6,392,621.95
9ABSM677 1000.000000
994.653498
R 0.00
0.00
9ABSM678 1000.000000
0.000000
1,926,540,221.83
1,809,445,048.78
Principal Principal
Negative
Class Payment Adj. or Loss
Amortization
CUSIP Per $1,000 Per $1,000
Per $1,000
X-1A 0.00 0.00
0.00
863572HV8 0.000000 0.000000
0.000000
X-2 0.00 0.00
0.00
863572HW6 0.000000 0.000000
0.000000
X-2A 0.00 0.00
0.00
863572HX4 0.000000 0.000000
0.000000
P 4,733.41 0.00
0.00
9ABSM677 0.736490 0.000000
0.000000
R 0.00 0.00
0.00
9ABSM678 0.000000 0.000000
0.000000
20,592,887.93 0.00
0.00
Closing Interest
Interest
Class Balance Payment
Adjustment
CUSIP Per $1,000 Per $1,000
Per $1,000
X-1A 1,023,745,989.85 1,515,942.54
121,083.51
863572HV8 888.984316 1.316390
0.105145
X-2 336,293,371.03 355,468.44
0.00
863572HW6 971.671739 1.027075
0.000000
X-2A 336,293,370.46 144,520.82
0.00
863572HX4 971.671739 0.417572
0.000000
P 6,387,888.54 0.00
0.00
9ABSM677 993.917008 0.000000
0.000000
R 0.00 0.00
0.00
9ABSM678 0.000000 0.000000
0.000000
1,788,852,160.85 13,783,320.26
191,501.39
Total P&I Payment
34,376,208.19
Pass-Through
Class Rate (2)
CUSIP Next Rate (3)
X-1A 1.603457%
863572HV8 1.594888%
X-2 1.266745%
863572HW6 1.265018%
X-2A 0.515013%
863572HX4 0.515696%
P None
9ABSM677 0.000000%
R None
9ABSM678 0.000000%
^Lower Tier
Original
Opening
Class Face Value (1)
Balance
CUSIP Per $1,000
Per $1,000
LA-1A 149,769,093.00
42,067,121.37
None 1000.000000
280.879857
LA-1B 196,000,000.00
196,000,000.00
None 1000.000000
1000.000000
LA-1C 441,000,000.00
441,000,000.00
None 1000.000000
1000.000000
LA-2A 171,097,717.00
161,738,877.46
None 1000.000000
945.301202
LA-2B 175,000,000.00
175,000,000.00
None 1000.000000
1000.000000
LB 96,005,662.00
96,005,662.00
None 1000.000000
1000.000000
LC 134,407,927.00
134,407,927.00
None 1000.000000
1000.000000
LD 134,407,927.00
134,407,927.00
None 1000.000000
1000.000000
LE 96,005,662.00
96,005,662.00
None 1000.000000
1000.000000
LF 57,603,397.00
57,603,397.00
None 1000.000000
1000.000000
LG 96,005,662.00
96,005,662.00
None 1000.000000
1000.000000
LH 48,002,831.00
48,002,831.00
None 1000.000000
1000.000000
LI 67,203,963.00
67,203,963.00
None 1000.000000
1000.000000
LJ 57,603,397.00
57,603,397.00
None 1000.000000
1000.000000
LX-1 1,574,015,521.85 N
1,466,313,550.22
None 1000.000000
931.575026
Principal Principal
Negative
Class Payment Adj. or Loss
Amortization
CUSIP Per $1,000 Per $1,000
Per $1,000
LA-1A 20,142,647.52 0.00
0.00
None 134.491350 0.000000
0.000000
LA-1B 0.00 0.00
0.00
None 0.000000 0.000000
0.000000
LA-1C 0.00 0.00
0.00
None 0.000000 0.000000
0.000000
LA-2A 445,507.00 0.00
0.00
None 2.603816 0.000000
0.000000
LA-2B 0.00 0.00
0.00
None 0.000000 0.000000
0.000000
LB 0.00 0.00
0.00
None 0.000000 0.000000
0.000000
LC 0.00 0.00
0.00
None 0.000000 0.000000
0.000000
LD 0.00 0.00
0.00
None 0.000000 0.000000
0.000000
LE 0.00 0.00
0.00
None 0.000000 0.000000
0.000000
LF 0.00 0.00
0.00
None 0.000000 0.000000
0.000000
LG 0.00 0.00
0.00
None 0.000000 0.000000
0.000000
LH 0.00 0.00
0.00
None 0.000000 0.000000
0.000000
LI 0.00 0.00
0.00
None 0.000000 0.000000
0.000000
LJ 0.00 0.00
0.00
None 0.000000 0.000000
0.000000
LX-1 0.00 0.00
0.00
None 0.000000 0.000000
0.000000
Closing Interest
Interest
Class Balance Payment
Adjustment
CUSIP Per $1,000 Per $1,000
Per $1,000
LA-1A 21,924,473.85 278,608.19
6,924.70
None 146.388507 1.860252
0.046236
LA-1B 196,000,000.00 1,265,833.33
0.00
None 1000.000000 6.458333
0.000000
LA-1C 441,000,000.00 2,848,125.00
0.00
None 1000.000000 6.458333
0.000000
LA-2A 161,293,370.46 1,044,563.58
0.00
None 942.697385 6.105070
0.000000
LA-2B 175,000,000.00 1,130,208.33
0.00
None 1000.000000 6.458333
0.000000
LB 96,005,662.00 620,036.57
0.00
None 1000.000000 6.458333
0.000000
LC 134,407,927.00 868,051.20
0.00
None 1000.000000 6.458333
0.000000
LD 134,407,927.00 868,051.20
0.00
None 1000.000000 6.458333
0.000000
LE 96,005,662.00 620,036.57
0.00
None 1000.000000 6.458333
0.000000
LF 57,603,397.00 372,021.94
0.00
None 1000.000000 6.458333
0.000000
LG 96,005,662.00 620,036.57
0.00
None 1000.000000 6.458333
0.000000
LH 48,002,831.00 310,018.28
0.00
None 1000.000000 6.458333
0.000000
LI 67,203,963.00 434,025.59
0.00
None 1000.000000 6.458333
0.000000
LJ 57,603,397.00 348,815.24
0.00
None 1000.000000 6.055463
0.000000
LX-1 1,446,170,902.70 1,805,040.61
184,576.69
None 918.778044 1.146774
0.117265
Pass-Through
Class Rate (2)
CUSIP Next Rate (3)
LA-1A 7.750000%
None Fixed
LA-1B 7.750000%
None Fixed
LA-1C 7.750000%
None Fixed
LA-2A 7.750000%
None Fixed
LA-2B 7.750000%
None Fixed
LB 7.750000%
None Fixed
LC 7.750000%
None Fixed
LD 7.750000%
None Fixed
LE 7.750000%
None Fixed
LF 7.750000%
None Fixed
LG 7.750000%
None Fixed
LH 7.750000%
None Fixed
LI 7.750000%
None Fixed
LJ 7.750000%
None Fixed
LX-1 1.326153%
None
Original
Opening
Class Face Value (1)
Balance
CUSIP Per $1,000
Per $1,000
LX-2 346,097,717.57 N
336,738,878.03
None 1000.000000
972.958968
LP 6,426,983.83
6,392,621.95
None 1000.000000
994.653498
LR 0.00
0.00
9ABSM679 1000.000000
0.000000
1,926,540,221.83
1,809,445,048.78
Principal Principal
Negative
Class Payment Adj. or Loss
Amortization
CUSIP Per $1,000 Per $1,000
Per $1,000
LX-2 0.00 0.00
0.00
None 0.000000 0.000000
0.000000
LP 4,733.41 0.00
0.00
None 0.736490 0.000000
0.000000
LR 0.00 0.00
0.00
9ABSM679 0.000000 0.000000
0.000000
20,592,887.93 0.00
0.00
Closing Interest
Interest
Class Balance Payment
Adjustment
CUSIP Per $1,000 Per $1,000
Per $1,000
LX-2 336,293,371.03 355,468.42
0.00
None 971.671739 1.027075
0.000000
LP 6,387,888.54 0.00
0.00
None 993.917008 0.000000
0.000000
LR 0.00 37,079.33
37,079.33
9ABSM679 0.000000 0.020492
0.020492
0.00 0.00
0.00
Pass-Through
Class Rate (2)
CUSIP Next Rate (3)
LX-2 1.266745%
None 1.265018%
LP None
None 0.000000%
LR None
9ABSM679 0.000000%
Certificate Unpaid
Distributable Interest
Prepayment
Class Interest Shortfall
Charges
A-1A 207,129.14 0.00
6,924.70
A-1B 939,330.00 0.00
0.00
A-1C 2,184,420.00 0.00
0.00
A-2A 1,044,563.58 0.00
0.00
A-2B 985,687.50 0.00
0.00
B 504,269.74 0.00
0.00
C 730,843.10 0.00
0.00
D 787,854.47 0.00
0.00
E 620,036.57 0.00
0.00
F 372,021.94 0.00
0.00
G 620,036.57 0.00
0.00
H 310,018.28 0.00
0.00
I 434,025.59 0.00
0.00
J 348,815.24 0.00
0.00
X-1 1,683,957.10 0.00
63,493.18
X-1A 1,515,942.54 0.00
121,083.51
X-2 355,468.44 0.00
0.00
X-2A 144,520.82 0.00
0.00
13,788,940.62 0.00
191,501.39
LR 0.00 24,327.29
Realized Interest Excess
Apprasial
Class Losses PPIS
Reduction Amt.
A-1A 0.00 0.00
0.00
A-1B 0.00 0.00
0.00
A-1C 0.00 0.00
0.00
A-2A 0.00 0.00
0.00
A-2B 0.00 0.00
0.00
B 0.00 0.00
0.00
C 0.00 0.00
0.00
D 0.00 0.00
0.00
E 0.00 0.00
0.00
F 0.00 0.00
0.00
G 0.00 0.00
0.00
H 0.00 0.00
0.00
I 0.00 0.00
0.00
J 0.00 0.00
0.00
X-1 0.00 0.00
0.00
X-1A 0.00 0.00
0.00
X-2 0.00 0.00
0.00
X-2A 0.00 0.00
0.00
0.00 0.00
0.00
LR 0.00 0.00
0.00
Beginning
Balance Count
Group 1 1,471,934,264.83
419
Group 2 337,510,783.95
102
Total 1,809,445,048.78
521
Ending
Balance Count
Group 1 1,451,787,642.43
411
Group 2 337,064,518.42
102
Total 1,788,852,160.85
513
Repurchase
Excess
Amount Principal
PPIS
Group 1 0.00 18,037,097.70
0.00
Group 2 0.00 0.00
0.00
Total 0.00 18,037,097.70
0.00
Advances
Prior
Outstanding
Principal
Interest
Servicer 15,183.93
55,602.56
Special Servicer 0.00
0.00
Fiscal Agent 0.00
0.00
Total 15,183.93
55,602.56
Current
Month
Principal
Interest
Servicer 15,209.48
84,756.10
Special Servicer 0.00
0.00
Fiscal Agent 0.00
0.00
Total 15,209.48
84,756.10
Recovered
Principal
Interest
Servicer 6,724.79
15,848.27
Special Servicer 0.00
0.00
Fiscal Agent 0.00
0.00
Total 6,724.79
15,848.27
Advances
Outstanding
Principal
Interest
Servicer 23,668.62
124,510.38
Special Servicer 0.00
0.00
Fiscal Agent 0.00
0.00
Total 23,668.62
124,510.38
Interest Breakdown Group 1
Amount
Rate
Gross Scheduled Interest 11,180,254.91
9.11474528%
Plus Prepayment Penalties 191,501.39
Less Special Servicing Fees (23,206.70)
Less Gross Interest Shortfall (3,368.23)
Scheduled Interest Received 11,382,260.70
Gross Servicing Fee 28,203.87
0.02300000%
Less PPIS Allocable to Servicing Fees (3,360.02)
Less Scheduled Servicing Fees Received (24,843.85)
Less Retained Servicing Fees (45,384.64)
0.03700000%
Less Trustee Fees Received (16,252.61)
0.01325000%
Reimbursement Of Interest On Advances 0.00
0.00000000%
Remittance Interest 11,295,779.60
9.04149528%
Interest Breakdown Group 2
Amount
Rate
Gross Scheduled Interest 2,550,842.58
9.06937273%
Plus Prepayment Penalties 0.00
Less Special Servicing Fees 0.00
Less Gross Interest Shortfall 0.00
Scheduled Interest Received 2,550,842.58
Gross Servicing Fee 6,468.96
0.02300000%
Less PPIS Allocable to Servicing Fees 0.00
Less Scheduled Servicing Fees Received (6,468.96)
Less Retained Servicing Fees (10,406.58)
0.03700000%
Less Trustee Fees Received (3,726.68)
0.01325000%
Reimbursement Of Interest On Advances 0.00
0.00000000%
Remittance Interest 2,530,240.36
8.99612273%
Interest Breakdown Total
Amount
Rate
Gross Scheduled Interest 13,731,097.49
9.10628206%
Plus Prepayment Penalties 191,501.39
Less Special Servicing Fees (23,206.70)
Less Gross Interest Shortfall (3,368.23)
Scheduled Interest Received 13,933,103.28
Gross Servicing Fee 34,672.83
0.02300000%
Less PPIS Allocable to Servicing Fees (3,360.02)
Less Scheduled Servicing Fees Received (31,312.81)
Less Retained Servicing Fees (55,791.22)
0.03700000%
Less Trustee Fees Received (19,979.29)
0.01325000%
Reimbursement Of Interest On Advances 0.00
0.00000000%
Remittance Interest 13,826,019.96
9.03303206%
Advances Retained By Servicer
0.00
Advances Retained By Special Servicer
0.00
Advances Retained By Fiscal Agent
0.00
TOTAL
Delinquency /Prepayment / Rate History Reporting
Distribution Delinq 1 Month
Date # Balance
10/25/96 0
0.00
0.00%
0.000%
09/25/96 1
621,091.27
0.19%
0.034%
08/26/96 1
722,548.80
0.19%
0.039%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 1
4,055,099.34
0.18%
0.216%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution Delinq 2 Months
Date # Balance
10/25/96 1
2,755,089.04
0.19%
0.152%
09/25/96 1
720,881.57
0.19%
0.040%
08/26/96 0
0.00
0.00%
0.000%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 0
0.00
0.00%
0.000%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution Delinq 3+ Months
Date # Balance
10/25/96 1
719,200.10
0.19%
0.040%
09/25/96 0
0.00
0.00%
0.000%
08/26/96 0
0.00
0.00%
0.000%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 0
0.00
0.00%
0.000%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution Foreclosure/Bankruptcy
Date # Balance
10/25/96 0
0.00
0.00%
0.000%
09/25/96 0
0.00
0.00%
0.000%
08/26/96 0
0.00
0.00%
0.000%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 0
0.00
0.00%
0.000%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution REO
Date # Balance
10/25/96 0
0.00
0.00%
0.000%
09/25/96 0
0.00
0.00%
0.000%
08/26/96 0
0.00
0.00%
0.000%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 0
0.00
0.00%
0.000%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution Modifications
Date # Balance
10/25/96 0
0.00
0.00%
0.000%
09/25/96 0
0.00
0.00%
0.000%
08/26/96 0
0.00
0.00%
0.000%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 0
0.00
0.00%
0.000%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution Prepayments
Date # Balance
10/25/96 8
17,875,249.11
1.54%
0.988%
09/25/96 6
12,684,422.72
1.14%
0.695%
08/26/96 4
16,211,579.66
0.75%
0.879%
07/25/96 6
13,822,167.91
1.12%
0.743%
06/25/96 5
15,990,280.14
0.92%
0.851%
05/28/96 4
3,063,929.98
0.73%
0.161%
04/25/96 4
13,471,424.38
0.72%
0.704%
03/25/96 4
10,407,573.48
0.72%
0.540%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution Next Weighted Avg.
Date Coupon Remit
10/25/96 9.1029%
9.0296%
9/25/96 9.1069%
9.0337%
8/26/96 9.1106%
9.0374%
7/25/96 9.1104%
9.0371%
06/25/96 9.1100%
9.0367%
05/28/96 9.1110%
9.0377%
04/25/96 9.1085%
9.0352%
03/25/96 9.1155%
9.0422%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
Note: Foreclosure and REO Totals are Included in the
Appropriate Delinquency Aging Category
Group One
Delinquency /Prepayment / Rate History Reporting
Distribution Delinq 1 Month
Date # Balance
10/25/96 0
0.00
0.00%
0.000%
09/25/96 1
621,091.27
0.24%
0.042%
08/26/96 1
722,548.80
0.23%
0.048%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 1
4,055,099.34
0.23%
0.264%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution Delinq 2 Months
Date # Balance
10/25/96 0
0.00
0.00%
0.000%
09/25/96 1
720,881.57
0.24%
0.048%
08/26/96 0
0.00
0.00%
0.000%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 0
0.00
0.00%
0.000%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution Delinq 3+ Months
Date # Balance
10/25/96 1
719,200.10
0.24%
0.049%
09/25/96 0
0.00
0.00%
0.000%
08/26/96 0
0.00
0.00%
0.000%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 0
0.00
0.00%
0.000%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution Foreclosure/Bankruptcy
Date # Balance
10/25/96 0
0.00
0.00%
0.000%
09/25/96 0
0.00
0.00%
0.000%
08/26/96 0
0.00
0.00%
0.000%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 0
0.00
0.00%
0.000%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution REO
Date # Balance
10/25/96 0
0.00
0.00%
0.000%
09/25/96 0
0.00
0.00%
0.000%
08/26/96 0
0.00
0.00%
0.000%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 0
0.00
0.00%
0.000%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution Modifications
Date # Balance
10/25/96 0
0.00
0.00%
0.000%
09/25/96 0
0.00
0.00%
0.000%
08/26/96 0
0.00
0.00%
0.000%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 0
0.00
0.00%
0.000%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution Prepayments
Date # Balance
10/25/96 8
17,875,249.11
1.91%
1.214%
09/25/96 6
12,684,422.72
1.41%
0.853%
08/26/96 3
13,996,262.15
0.70%
0.931%
07/25/96 5
12,540,193.20
1.15%
0.826%
06/25/96 5
15,990,280.14
1.14%
1.041%
05/28/96 4
3,063,929.98
0.90%
0.197%
04/25/96 3
11,970,372.80
0.67%
0.763%
03/25/96 3
9,103,130.10
0.66%
0.576%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution Next Weighted Avg.
Date Coupon Remit
10/25/96 9.1107%
9.0374%
09/25/96 9.1155%
0.0000%
08/26/96 9.1200%
0.0000%
07/25/96 9.1190%
0.0000%
06/25/96 9.1183%
0.0000%
05/28/96 9.1195%
0.0000%
04/25/96 9.1164%
0.0000%
03/25/96 9.1243%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
Note: Foreclosure and REO Totals are Included in the
Appropriate Delinquency Aging Category
Group Two
Delinquency /Prepayment / Rate History Reporting
Distribution Delinq 1 Month
Date # Balance
10/25/96 0
0.00
0.00%
0.000%
09/25/96 0
0.00
0.00%
0.000%
08/26/96 0
0.00
0.00%
0.000%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 0
0.00
0.00%
0.000%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution Delinq 2 Months
Date # Balance
10/25/96 1
2,755,089.04
0.98%
0.816%
09/25/96 0
0.00
0.00%
0.000%
08/26/96 0
0.00
0.00%
0.000%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 0
0.00
0.00%
0.000%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution Delinq 3+ Months
Date # Balance
10/25/96 0
0.00
0.00%
0.000%
09/25/96 0
0.00
0.00%
0.000%
08/26/96 0
0.00
0.00%
0.000%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 0
0.00
0.00%
0.000%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution Foreclosure/Bankruptcy
Date # Balance
10/25/96 0
0.00
0.00%
0.000%
09/25/96 0
0.00
0.00%
0.000%
08/26/96 0
0.00
0.00%
0.000%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 0
0.00
0.00%
0.000%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution REO
Date # Balance
10/25/96 0
0.00
0.00%
0.000%
09/25/96 0
0.00
0.00%
0.000%
08/26/96 0
0.00
0.00%
0.000%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 0
0.00
0.00%
0.000%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Dstribution Modifications
Date # Balance
10/25/96 0
0.00
0.00%
0.000%
09/25/96 0
0.00
0.00%
0.000%
08/26/96 0
0.00
0.00%
0.000%
07/25/96 0
0.00
0.00%
0.000%
06/25/96 0
0.00
0.00%
0.000%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 0
0.00
0.00%
0.000%
03/25/96 0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution Prepayments
Date # Balance
10/25/96 0
0.00
0.00%
0.000%
09/25/96 0
0.00
0.00%
0.000%
08/26/96 1
2,215,317.51
0.97%
0.650%
07/25/96 1
1,281,974.71
0.96%
0.374%
06/25/96 0
0.00
0.00%
0.000%
05/28/96 0
0.00
0.00%
0.000%
04/25/96 1
1,501,051.58
0.95%
0.435%
03/25/96 1
1,304,443.38
0.94%
0.376%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
0
0.00
0.00%
0.000%
Distribution Next Weighted Avg.
Date Coupon Remit
10/25/96 9.0693%
8.9961%
09/25/96 9.0694%
0.0000%
08/26/96 9.0694%
0.0000%
07/25/96 9.0723%
0.0000%
06/25/96 9.0730%
0.0000%
05/28/96 9.0731%
0.0000%
04/25/96 9.0731%
0.0000%
03/25/96 9.0756%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%
Delinquency Loan Detail
Disclosure Paid
Current
Doc Thru
P&I
Control # Period Date
Advance
141 199610 09/01/96
37,237.55
157 199610 09/01/96
30,164.72
207 199610 07/15/96
24,738.13
501 199610 06/01/96
7,825.18
TOTALS:
99,965.58
Outstanding
Disclosure Outstanding Property
Doc P&I Protection
Advance
Control # Advances** Advances
Description (1)
141 37,237.55 0.00 B
157 30,164.72 0.00 B
207 49,476.19 0.00
2
501 31,300.54 0.00
4
TOTALS: 148,179.00 0.00
Special
Disclosure Servicer
Doc Loan Transfer
Foreclosure
Control # Status (2) Date Date
141 0
157 0
207 0
501 0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
TOTALS:
Disclosure
Doc Bankruptcy REO
Control # Date Date
141
157
207
501
TOTALS:
Disclosure Paid
Current
Doc Thru
P&I
Control # Period Date
Advance
TOTALS:
0.00
Outstanding
Disclosure Outstanding Property
Doc P&I Protection
Advance
Control # Advances** Advances
Description (1)
TOTALS: 0.00 0.00
0.00
Special
Disclosure Servicer
Doc Loan Transfer
Foreclosure
Control # Status (2) Date
Date
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
TOTALS:
Disclosure
Doc Bankruptcy REO
Control # Date Date
TOTALS:
Disclosure Paid
Current
Doc Thru
P&I
Control # Period Date
Advance
TOTALS:
0.00
Outstanding
Disclosure Outstanding Property
Doc P&I Protection
Advance
Control # Advances** Advances
Description (1)
TOTALS: 0.00 0.00
0.00
Special
Disclosure Servicer
Doc Loan Transfer
Foreclosure
Control # Status (2) Date
Date
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
TOTALS:
Disclosure
Doc Bankruptcy REO
Control # Date Date
TOTALS:
(1) Advance Description:
A. P&I Advance - Loan in Grace Period
B. P&I Advance - Late Payment but < one month delinq
1. P&I Advance - Loan delinquent 1 month
2. P&I Advance - Loan delinquent 2 months
3. P&I Advance - Loan delinquent 3 months
(2) Loan Status:
1. Specially Serviced
2. Foreclosure
3. Bankruptcy
4. REO
5. Prepaid in Full
6. DPO
7. Foreclosure Sale
8. Bankruptcy Sale
9. REO Disposition
10. Modification/Workout
** Outstanding P&I Advances include the current period P&I
Advance
Group 1
Distribution of Principal Balances
Current
Scheduled Number
Principal of
Balances Loans
$0 to $500,000
15
$500,000 to $1,000,000
63
$1,000,000 to $1,500,000
69
$1,500,000 to $2,000,000
49
$2,000,000 to $3,000,000
74
$3,000,000 to $4,000,000
39
$4,000,000 to $5,000,000
31
$5,000,000 to $6,000,000
17
$6,000,000 to $7,000,000
8
$7,000,000 to $8,000,000
7
$8,000,000 to $9,000,000
8
$9,000,000 to $10,000,000
6
$10,000,000 to $11,000,000
4
$11,000,000 to $12,000,000
0
$12,000,000 to $13,000,000
1
$13,000,000 to $14,000,000
1
$14,000,000 to $19,000,000
12
$19,000,000 to $24,000,000
3
$24,000,000 to $30,000,000
3
$30,000,000 & above
1
Total
411
Average Scheduled Balance is
3,464,886.97
Maximum Scheduled Balance is
33,382,609.58
Minimum Scheduled Balance is
65,410.49
Group 1
Distribution of Principal Balances
Current
Scheduled
Scheduled
Principal
Principal
Balances
Balance
$0 to $500,000
4,828,011
$500,000 to $1,000,000
47,266,916
$1,000,000 to $1,500,000
85,774,671
$1,500,000 to $2,000,000
87,113,890
$2,000,000 to $3,000,000
179,724,422
$3,000,000 to $4,000,000
136,551,660
$4,000,000 to $5,000,000
137,489,387
$5,000,000 to $6,000,000
93,446,426
$6,000,000 to $7,000,000
51,824,678
$7,000,000 to $8,000,000
53,338,401
$8,000,000 to $9,000,000
68,380,957
$9,000,000 to $10,000,000
56,886,312
$10,000,000 to $11,000,000
41,750,312
$11,000,000 to $12,000,000
0
$12,000,000 to $13,000,000
12,682,905
$13,000,000 to $14,000,000
13,724,413
$14,000,000 to $19,000,000
201,472,299
$19,000,000 to $24,000,000
64,071,491
$24,000,000 to $30,000,000
82,077,881
$30,000,000 & above
33,382,610
Total
1,451,787,642
Group 1
Distribution of Principal Balances
Current
Scheduled
Based
Principal on
Balances
Balance
$0to $500,000
0.33%
$500,000to $1,000,000
3.26%
$1,000,000to $1,500,000
5.91%
$1,500,000to $2,000,000
6.00%
$2,000,000to $3,000,000
12.38%
$3,000,000to $4,000,000
9.41%
$4,000,000to $5,000,000
9.47%
$5,000,000to $6,000,000
6.44%
$6,000,000to $7,000,000
3.57%
$7,000,000to $8,000,000
3.67%
$8,000,000to $9,000,000
4.71%
$9,000,000to $10,000,000
3.92%
$10,000,000to $11,000,000
2.88%
$11,000,000to $12,000,000
0.00%
$12,000,000to $13,000,000
0.87%
$13,000,000to $14,000,000
0.95%
$14,000,000to $19,000,000
13.88%
$19,000,000to $24,000,000
4.41%
$24,000,000to $30,000,000
5.65%
$30,000,000& above
2.30%
Total
100.00%
Distribution of Property Types
Number
of
Property Types Loans
Office 104
Retail 138
Multi-Family Housing 66
Warehouse 64
Industrial 32
Golf Course 1
Parking 1
Automobile Dealership 1
Mobile Home Park 1
Bank 1
Private School 1
Other 1
Total 411
Distribution of Property Types
Scheduled
Principal
Property Types Balance
Office
454,215,796
Retail
394,853,068
Multi-Family Housing
356,212,637
Warehouse
144,806,039
Industrial
87,939,537
Golf Course
3,616,371
Parking
3,557,207
Automobile Dealership
2,731,880
Mobile Home Park
2,463,504
Bank
721,167
Private School
605,027
Other
65,410
Total
1,451,787,642
Distribution of Property Types
Based
on
Property Types Balance
Office
31.29%
Retail
27.20%
Multi-Family Housing
24.54%
Warehouse
9.97%
Industrial
6.06%
Golf Course
0.25%
Parking
0.25%
Automobile Dealership
0.19%
Mobile Home Park
0.17%
Bank
0.05%
Private School
0.04%
Other
0.00%
Total
100.00%
Distribution of Mortgage Interest Rates
Current
Mortgage
Number
Interest
of
Rate
Loans
7.125% or less
8
7.126% to 7.250%
1
7.251% to 7.375%
0
7.376% to 7.500%
2
7.501% to 7.625%
1
7.626% to 7.750%
7
7.751% to 7.875%
4
7.876% to 8.000%
12
8.001% to 8.125%
2
8.126% to 8.625%
73
8.626% to 9.125%
79
9.126% to 9.625%
88
9.626% to 10.125%
81
10.126% to 10.625%
48
10.626% & above
5
Total
411
Weighted Average Mortgage Interest Rate is
9.1107%
Minimum Mortgage Interest Rate is
6.2500%
Maximum Mortgage Interest Rate is
14.7500%
Distribution of Mortgage Interest Rates
Current
Mortgage Scheduled
Interest Principal
Rate Balance
7.125% or less
21,285,017
7.126% to 7.250%
2,343,750
7.251% to 7.375%
0
7.376% to 7.500%
6,254,286
7.501% to 7.625%
4,169,282
7.626% to 7.750%
53,663,072
7.751% to 7.875%
5,100,877
7.876% to 8.000%
74,022,761
8.001% to 8.125%
2,388,261
8.126% to 8.625%
297,780,602
8.626% to 9.125%
261,058,628
9.126% to 9.625%
315,705,256
9.626% to 10.125%
280,740,825
10.126% to 10.625%
119,583,827
10.626%& above
7,691,198
Total
1,451,787,642
Distribution of Mortgage Interest Rates
Current
Mortgage
Based
Interest on
Rate
Balance
7.125% or less
1.47%
7.126% to 7.250%
0.16%
7.251% to 7.375%
0.00%
7.376% to 7.500%
0.43%
7.501% to 7.625%
0.29%
7.626% to 7.750%
3.70%
7.751% to 7.875%
0.35%
7.876% to 8.000%
5.10%
8.001% to 8.125%
0.16%
8.126% to 8.625%
20.51%
8.626% to 9.125%
17.98%
9.126% to 9.625%
21.75%
9.626% to 10.125%
19.34%
10.126% to 10.625%
8.24%
10.626% & above
0.53%
Total
100.00%
Geographic Distribution
Number Scheduled
Geographic of Principal
Location Loans Balance
California 102
242,628,145
New Jersey 46
197,555,928
Georgia 29
91,841,581
Illinois 25
89,783,068
Maryland 33
89,397,004
Florida 20
89,081,188
Unknown 12
77,946,688
District of Columbia 7
68,444,467
Minnesota 6
64,560,858
Virginia 8
52,270,004
Colorado 16
51,937,451
Washington 19
50,661,421
Delaware 6
49,461,108
Pennsylvania 11
47,309,528
Colorado 10
45,680,319
Washington 6
38,097,844
Delaware 31
35,011,335
Pennsylvania 7
24,158,963
Colorado 9
18,436,474
Washington 3
9,980,507
Delaware 2
7,729,269
Pennsylvania 2
6,316,894
Colorado 1
3,497,597
Total 411
1,451,787,642
Geographic Distribution
Based
Geographic on
Location Balance
California
16.71%
New Jersey
13.61%
Georgia
6.33%
Illinois
6.18%
Maryland
6.16%
Florida
6.14%
Unknown
5.37%
District of Columbia
4.71%
Minnesota
4.45%
Virginia
3.60%
Colorado
3.58%
Washington
3.49%
Delaware
3.41%
Pennsylvania
3.26%
Colorado
3.15%
Washington
2.62%
Delaware
2.41%
Pennsylvania
1.66%
Colorado
1.27%
Washington
0.69%
Delaware
0.53%
Pennsylvania
0.44%
Colorado
0.24%
Total
100.00%
Loan Seasoning
Number Number Scheduled
of of Principal
Years Loans Balance
1 year or less 25
53,056,810
1+ to 2 years 1
10,350,000
2+ to 3 years 12
20,320,392
3+ to 4 years 12
30,427,153
4+ to 5 years 22
81,111,098
5+ to 6 years 24
203,518,915
6+ to 7 years 63
310,548,939
7+ to 8 years 74
318,635,904
8+ to 9 years 58
206,758,323
9+ to 10 years 65
133,330,901
10 years or more 55
83,729,209
Total 411
1,451,787,642
Weighted Average Seasoning is
7.0
Loan Seasoning
Number Based
of on
Years Balance
1 year or less
3.65%
1+ to 2 years
0.71%
2+ to 3 years
1.40%
3+ to 4 years
2.10%
4+ to 5 years
5.59%
5+ to 6 years
14.02%
6+ to 7 years
21.39%
7+ to 8 years
21.95%
8+ to 9 years
14.24%
9+ to 10 years
9.18%
10 years or more
5.77%
Total
100.00%
Distribution of Remaining Term
Fully Amortizing
Fully
Amortizing Number Scheduled
Mortgage of Principal
Loans Loans Balance
60 months or less 6
3,423,487
61 to 120 months 12
16,464,838
121 to 180 months 29
89,999,517
181 to 240 months 12
51,609,995
241 to 360 months 16
98,180,014
Total 75
259,677,851
Weighted Average Months to Maturity is
197
Distribution of Remaining Term
Fully Amortizing
Fully
Amortizing Based
Mortgage on
Loans Balance
60 months or less 0.24%
61 to 120 months 1.13%
121 to 180 months 6.20%
181 to 240 months 3.55%
241 to 360 months 6.76%
Total 17.89%
Distribution of DSCR
Debt
Service
Number
Coverage
of
Ratio (1)
Loans
1.0000 or less
42
1.0010 to 1.1250
43
1.1260 to 1.2500
70
1.2510 to 1.3750
67
1.3760 to 1.5000
54
1.5010 to 1.6250
38
1.6260 to 1.7500
18
1.7510 to 1.8750
19
1.8760 to 2.0000
11
2.0010 to 2.1250
6
2.1260 to 2.2500
8
2.2510 to 2.3750
3
2.3760 to 2.5000
4
2.5010 to 2.6250
4
2.6260 & above
23
Unknown
1
Total
411
Weighted Average Debt Service Coverage Ratio is
1.41167%
Distribution of DSCR
Debt
Service
Scheduled
Coverage
Principal
Ratio (1)
Balance
1.0000 or less
96,208,224
1.0010 to 1.1250
221,362,003
1.1260 to 1.2500
346,892,178
1.2510 to 1.3750
282,328,180
1.3760 to 1.5000
186,310,908
1.5010 to 1.6250
122,869,042
1.6260 to 1.7500
41,761,522
1.7510 to 1.8750
41,922,543
1.8760 to 2.0000
23,892,919
2.0010 to 2.1250
11,519,382
2.1260 to 2.2500
14,719,222
2.2510 to 2.3750
6,713,835
2.3760 to 2.5000
9,453,196
2.5010 to 2.6250
4,689,230
2.6260 & above
38,496,770
Unknown
2,648,490
Total
1,451,787,642
Distribution of DSCR
Debt
Service
Based
Coverage on
Ratio (1)
Balance
1.0000 or less
6.63%
1.0010 to 1.1250
15.25%
1.1260 to 1.2500
23.89%
1.2510 to 1.3750
19.45%
1.3760 to 1.5000
12.83%
1.5010 to 1.6250
8.46%
1.6260 to 1.7500
2.88%
1.7510 to 1.8750
2.89%
1.8760 to 2.0000
1.65%
2.0010 to 2.1250
0.79%
2.1260 to 2.2500
1.01%
2.2510 to 2.3750
0.46%
2.3760 to 2.5000
0.65%
2.5010 to 2.6250
0.32%
2.6260 & above
2.65%
Unknown
0.18%
Total
100.00%
Distribution of Amortization Type
Number Scheduled
Based
Amortization of Principal
on
Type Loans Balance
Balance
Fully Amortizing 75 259,677,850.70
17.89%
Amortizing Balloon 318 1,081,343,795.98
74.48%
Interest Only Balloon 18 110,765,995.75
7.63%
Total 411 1,451,787,642.43
100.00%
Distribution of Remaining Term
Balloon Loans
Balloon Number Scheduled
Based
Mortgage of Principal
on
Loans Loans Balance
Balance
12 months or less 54 154,918,162.74
10.67%
13 to 24 months 40 133,789,743.88
9.22%
25 to 36 months 76 231,105,322.28
15.92%
37 to 48 months 62 291,338,231.14
20.07%
49 to 60 months 17 98,652,021.64
6.80%
61 to 120 months 59 171,110,071.51
11.79%
121 to 180 months 25 101,098,877.28
6.96%
181 to 240 months 3 10,097,361.26
0.70%
Total 336 1,192,109,791.73
82.11%
Weighted Average Months to Maturity is
50.27
NOI Aging
Number
NOI Date of Loans
1 year or less
376
1+ to 2 years
28
2+ & above
7
Unknown
0
Total
411
NOI Aging
Scheduled
Principal
NOI Date Balance
1 year or less
1,342,450,000
1+ to 2 years
97,846,457
2+ & above
11,491,185
Unknown
0
Total
1,451,787,642
NOI Aging
Based
on
NOI Date
Balance
1 year or less
92.47%
1+ to 2 years
6.74%
2+ & above
0.79%
Unknown
0.00%
Total
100.00%
(1) Debt Service Coverage Ratios are calculated as described
in the prospectus, values are updated periodically as new
NOI figures became available from borrowers on an asset
level.
Neither the Trustee, Servicer, Special Servicer or
Underwriter makes any representation as to the accuracy of
the data provided by the
borrower for this calculation.
Group 2
Distribution of Principal Balances
Current
Scheduled
Number
Principal of
Balances
Loans
$0 to $500,000
2
$500,000 to $1,000,000
12
$1,000,000 to $1,500,000
13
$1,500,000 to $2,000,000
20
$2,000,000 to $3,000,000
21
$3,000,000 to $4,000,000
9
$4,000,000 to $5,000,000
9
$5,000,000 to $6,000,000
4
$6,000,000 to $7,000,000
2
$7,000,000 to $8,000,000
2
$8,000,000 to $9,000,000
3
$9,000,000 to $10,000,000
1
$10,000,000 to $11,000,000
1
$11,000,000 to $12,000,000
0
$12,000,000 to $13,000,000
1
$13,000,000 to $14,000,000
0
$14,000,000 to $19,000,000
1
$19,000,000 to $24,000,000
0
$24,000,000 to $30,000,000
1
$30,000,000 & Above
0
Total
102
Average Scheduled Balance is
3,304,554.10
Maximum Scheduled Balance is
24,676,181.25
Minimum Scheduled Balance is
310,029.25
Distribution of Principal Balances
Current
Scheduled
Scheduled
Principal
Principal
Balances
Balance
$0 to $500,000
$639,640
$500,000 to $1,000,000
$9,427,522
$1,000,000 to $1,500,000
$15,630,230
$1,500,000 to $2,000,000
$34,974,756
$2,000,000 to $3,000,000
$52,982,082
$3,000,000 to $4,000,000
$31,814,162
$4,000,000 to $5,000,000
$41,252,701
$5,000,000 to $6,000,000
$21,215,899
$6,000,000 to $7,000,000
$13,556,822
$7,000,000 to $8,000,000
$15,177,232
$8,000,000 to $9,000,000
$25,086,299
$9,000,000 to $10,000,000
$9,608,435
$10,000,000 to $11,000,000
$10,991,903
$11,000,000 to $12,000,000
$0
$12,000,000 to $13,000,000
$12,031,292
$13,000,000 to $14,000,000
$0
$14,000,000 to $19,000,000
$17,999,361
$19,000,000 to $24,000,000
$0
$24,000,000 to $30,000,000
$24,676,181
$30,000,000 & Above
$0
Total
$337,064,518
Distribution of Principal Balances
Scheduled
Based
Principal
on
Balances
Balance
$0 to $500,000
0.19%
$500,000 to $1,000,000
2.80%
$1,000,000 to $1,500,000
4.64%
$1,500,000 to $2,000,000
10.38%
$2,000,000 to $3,000,000
15.72%
$3,000,000 to $4,000,000
9.44%
$4,000,000 to $5,000,000
12.24%
$5,000,000 to $6,000,000
6.29%
$6,000,000 to $7,000,000
4.02%
$7,000,000 to $8,000,000
4.50%
$8,000,000 to $9,000,000
7.44%
$9,000,000 to $10,000,000
2.85%
$10,000,000 to $11,000,000
3.26%
$11,000,000 to $12,000,000
0.00%
$12,000,000 to $13,000,000
3.57%
$13,000,000 to $14,000,000
0.00%
$14,000,000 to $19,000,000
5.34%
$19,000,000 to $24,000,000
0.00%
$24,000,000 to $30,000,000
7.32%
$30,000,000 & Above
0.00%
Total
100.00%
Distribution of Property Types
Number
Property Types of Loans
Retail
27
Warehouse
29
Office
21
Multi-Family Housing
12
Industrial
13
Total
102
Distribution of Property Types
Scheduled
Principal
Property Types Balance
Retail
115,823,810
Warehouse
78,436,199
Office
62,373,556
Multi-Family Housing
48,289,504
Industrial
32,141,450
Total
337,064,518
Distribution of Property Types
Based on
Property Types Balance
Retail
34.36%
Warehouse
23.27%
Office
18.50%
Multi-Family Housing
14.33%
Industrial
9.54%
Total
100.00%
Distribution of Mortgage Interest Rates
Current
Mortgage
Number
Interest
of
Rate
Loans
7.125% or less
0
7.126% to 7.250%
0
7.251% to 7.375%
0
7.376% to 7.500%
3
7.501% to 7.625%
0
7.626% to 7.750%
3
7.751% to 7.875%
1
7.876% to 8.000%
3
8.001% to 8.125%
0
8.126% to 8.625%
13
8.626% to 9.125%
17
9.126% to 9.625%
32
9.626% to 10.125%
24
10.126% to 10.625%
6
10.626% & above
0
Total
102
Weighted Average Mortgage Interest Rate is
9.0693%
Minimum Mortgage Interest Rate is
7.5000%
Maximum Mortgage Interest Rate is
10.3750%
Distribution of Mortgage Interest Rates
Current
Mortgage Scheduled
Interest Principal
Rate Balance
7.125% or less
0
7.126% to 7.250%
0
7.251% to 7.375%
0
7.376% to 7.500%
6,031,827
7.501% to 7.625%
0
7.626% to 7.750%
28,020,613
7.751% to 7.875%
915,022
7.876% to 8.000%
14,913,324
8.001% to 8.125%
0
8.126% to 8.625%
39,918,560
8.626% to 9.125%
76,801,848
9.126% to 9.625%
83,818,315
9.626% to 10.125%
68,763,296
10.126% to 10.625%
17,881,714
10.626% & above 0.000%
0
Total
337,064,518
Distribution of Mortgage Interest Rates
Mortgage
Based
Interest
on
Rate
Balance
7.125% or less
0.00%
7.126% to 7.250%
0.00%
7.251% to 7.375%
0.00%
7.376% to 7.500%
1.79%
7.501% to 7.625%
0.00%
7.626% to 7.750%
8.31%
7.751% to 7.875%
0.27%
7.876% to 8.000%
4.42%
8.001% to 8.125%
0.00%
8.126% to 8.625%
11.84%
8.626% to 9.125%
22.79%
9.126% to 9.625%
24.87%
9.626% to 10.125%
20.40%
10.126% to 10.625%
5.31%
10.626% & above
0.00%
Total
100.00%
Geographic Distribution
Number Scheduled
Geographic of Principal
Location Loans Balance
California 52
138,353,626
Florida 8
44,751,232
Georgia 8
39,046,514
New Jersey 5
18,201,122
Unknown 2
16,151,043
Illinois 7
16,031,150
Texas 2
12,950,133
Pennsylvania 4
10,455,118
Hawaii 1
9,608,435
Illinois 2
9,302,504
Texas 2
7,828,359
Pennsylvania 3
5,965,780
Hawaii 3
3,742,399
Illinois 2
3,063,140
Texas 1
1,613,962
Total 102
337,064,518
Geographic Distribution
Based
Geographic on
Location Balance
California
41.05%
Florida
13.28%
Georgia
11.58%
New Jersey
5.40%
Unknown
4.79%
Illinois
4.76%
Texas
3.84%
Pennsylvania
3.10%
Hawaii
2.85%
Illinois
2.76%
Texas
2.32%
Pennsylvania
1.77%
Hawaii
1.11%
Illinois
0.91%
Texas
0.48%
Total
100.00%
Loan Seasoning
Number Number Scheduled
of of Principal
Years Loans Balance
1 year or less 0
0
1+ to 2 years 1
1,964,106
2+ to 3 years 1
2,716,025
3+ to 4 years 1
5,159,140
4+ to 5 years 4
15,960,957
5+ to 6 years 6
25,670,554
6+ to 7 years 22
92,243,960
7+ to 8 years 17
82,119,486
8+ to 9 years 17
47,292,762
9+ to 10 years 21
39,756,866
10 years or more 12
24,180,662
Total 102
337,064,518
Weighted Average Seasoning is
7.5
Loan Seasoning
Number Based
of on
Years Balance
1 year or less 0.00%
1+ to 2 years 0.58%
2+ to 3 years 0.81%
3+ to 4 years 1.53%
4+ to 5 years 4.74%
5+ to 6 years 7.62%
6+ to 7 years 27.37%
7+ to 8 years 24.36%
8+ to 9 years 14.03%
9+ to 10 years 11.80%
10 years or more 7.17%
Total 100.00%
Distribution of Remaining Term
Fully Amortizing
Fully
Amortizing Number Scheduled
Mortgage of Principal
Loans Loans Balance
60 months or less 0
0
61 to 120 months 0
0
121 to 180 months 5
5,337,259
181 to 240 months 2
10,422,531
241 to 360 months 1
2,955,326
Total 8
18,715,116
Weighted Average Months to Maturity is
205
Distribution of Remaining Term
Fully Amortizing
Fully
Amortizing Based
Mortgage on
Loans Balance
60 months or less 0.00%
61 to 120 months 0.00%
121 to 180 months 1.58%
181 to 240 months 3.09%
241 to 360 months 0.88%
Total 5.55%
Distribution of DSCR
Debt
Service
Number
Coverage
of
Ratio (1)
Loans
1.0000 or less
10
1.0010 to 1.1250
8
1.1260 to 1.2500
19
1.2510 to 1.3750
18
1.3760 to 1.5000
15
1.5010 to 1.6250
7
1.6260 to 1.7500
4
1.7510 to 1.8750
10
1.8760 to 2.0000
3
2.0010 to 2.1250
0
2.1260 to 2.2500
2
2.2510 to 2.3750
0
2.3760 to 2.5000
0
2.5010 to 2.6250
1
2.6260& above
5
Unknown
0
Total
102
Weighted Average Debt Service Coverage Ratio is
1.39913%
Distribution of DSCR
Debt
Service
Scheduled
Coverage
Principal
Ratio (1)
Balance
1.0000 or less
31,267,599
1.0010 to 1.1250
23,702,741
1.1260 to 1.2500
70,228,083
1.2510 to 1.3750
69,937,869
1.3760 to 1.5000
49,458,652
1.5010 to 1.6250
38,391,869
1.6260 to 1.7500
9,731,045
1.7510 to 1.8750
23,590,003
1.8760 to 2.0000
2,176,272
2.0010 to 2.1250
0
2.1260 to 2.2500
12,090,206
2.2510 to 2.3750
0
2.3760 to 2.5000
0
2.5010 to 2.6250
1,643,819
2.6260 & above
4,846,360
Unknown
0
Total
337,064,518
Distribution of DSCR
Debt
Service
Based
Coverage
on
Ratio (1)
Balance
1.0000 or less
9.28%
1.0010 to 1.1250
7.03%
1.1260 to 1.2500
20.84%
1.2510 to 1.3750
20.75%
1.3760 to 1.5000
14.67%
1.5010 to 1.6250
11.39%
1.6260 to 1.7500
2.89%
1.7510 to 1.8750
7.00%
1.8760 to 2.0000
0.65%
2.0010 to 2.1250
0.00%
2.1260 to 2.2500
3.59%
2.2510 to 2.3750
0.00%
2.3760 to 2.5000
0.00%
2.5010 to 2.6250
0.49%
2.6260 & above
1.44%
Unknown
0.00%
Total
100.00%
(1) Debt Service Coverage Ratios are calculated as described
in the prospectus, values are updated periodically as new
NOI figures became available from borrowers on an asset
level.
Neither the Trustee, Servicer, Special Servicer or
Underwriter makes any representation as to the accuracy of
the data provided by the
borrower for this calculation.
Distribution of Amortization Type
Scheduled
Number
Principal
Amortization Type of Loans
Balance
Fully Amortizing 8
18,715,116
Amortizing Balloon 91
308,154,125
Interest Only Balloon 3
10,195,278
Total 102
337,064,518
Distribution of Amortization Type
Based on
Amortization Type
Balance
Fully Amortizing
5.55%
Amortizing Balloon
91.42%
Interest Only Balloon
3.02%
Total
100.00%
Distribution of Remaining Term
Balloon Loans
Scheduled
Balloon Number
Principal
Mortgage Loans of Loans
Balance
12 months or less 0
0
13 to 24 months 0
0
25 to 36 months 1
1,335,807
37 to 48 months 4
12,881,461
49 to 60 months 13
35,980,850
61 to 120 months 64
216,584,387
121 to 180 months 12
51,566,898
181 to 240 months 0
0
Total 94
318,349,403
Weighted Average Months to Maturity is
93
Distribution of Remaining Term
Balloon Loans
Balloon Based on
Mortgage Loans Balance
12 months or less 0.00%
13 to 24 months 0.00%
25 to 36 months 0.40%
37 to 48 months 3.82%
49 to 60 months 10.67%
61 to 120 months 64.26%
121 to 180 months 15.30%
181 to 240 months 0.00%
Total 94.45%
NOI Aging
Number
NOI Date of
Loans
1 year or less
96
1+ to 2 years
4
2+ & above
2
Unknown
0
Total
102
NOI Aging
Scheduled
Principal
NOI Date
Balance
1 year or less
288,204,337
1+ to 2 years
47,062,499
2+ & above
1,797,682
Unknown
0
Total
337,064,518
NOI Aging
Based on
NOI Date
Balance
1 year or less
85.50%
1+ to 2 years
13.96%
2+ & above
0.53%
Unknown
0.00%
Total
100.00%
Specially Serviced Loan Detail
08/26/96
Offering Scheduled
Scheduled
Distribution Circular Principal
Interest
Date Control # Balance
Rate
06/25/96 348 1,680,748
10.13%
06/25/96 434 1,134,783
10.00%
06/25/96 77 5,838,550
8.50%
06/25/96 419 1,207,540
9.00%
06/25/96 141 4,040,615
9.63%
08/26/96 501 720,882
10.25%
08/26/96 520 621,091
8.13%
08/26/96 325 1,804,611
9.88%
08/26/96 376 1,450,736
9.50%
08/26/96 4 26,364,293
8.35%
08/26/96 470 936,757
9.50%
09/26/96 207 2,758,616
9.25%
0 0
0.00%
0 0
0.00%
0 0
0.00%
0 0
0.00%
0 0
0.00%
0 0
0.00%
0 0
0.00%
0 0
0.00%
0 0
0.00%
0 0
0.00%
0 0
0.00%
0 0
0.00%
0 0
0.00%
0 0
0.00%
0 0
0.00%
0 0
0.00%
0 0
0.00%
Offering
Distribution Circular Maturity
Property
Date Control # Date
Type
06/25/96 348 06/01/2008 Office
06/25/96 434 06/01/96 Multi-Family Housing
06/25/96 77 07/05/96 Warehouse
06/25/96 419 Retail
06/25/96 141 11/01/2007
Automobile Dealership
08/26/96 501 10/01/96 Retail
08/26/96 520 06/01/99 Retail
08/26/96 325 07/01/96 Multi-Family Housing
08/26/96 376 07/15/96
Automobile Dealership
08/26/96 4 09/01/2001 Office
08/26/96 470 07/01/97 Retail
09/26/96 207 10/15/2002 Multi-Family Housing
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Date of last
Net
Distribution Operating
Operating
Date State Statement
Income
06/25/96 CA 12/31/95
169,897
06/25/96 CO 12/31/95
131,896
06/25/96 MD 12/14/96
767,025
06/25/96 CA 12/31/95
112,262
06/25/96 MD 12/31/95
425,931
08/26/96 IL 12/31/95
159,807
08/26/96 IL 12/31/95
170,429
08/26/96 TX 12/31/95
318,019
08/26/96 MD 12/31/95
165,258
08/26/96 DC 12/31/95
2,960,199
08/26/96 CA 12/31/95
96,731
09/26/96 CA 12/31/94
349,027
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Debt Specially
Service Serviced
Distribution Coverage Status
Date Ratio Code (*)
06/25/96 0
2
06/25/96 0
2
06/25/96 1.21
2
06/25/96 1.82
2
06/25/96 1.04
2
08/26/96 1.65
2
08/26/96 2.16
0
08/26/96 1.55
2
08/26/96 0.98
2
08/26/96 1.41
0
08/26/96 1.11
0
09/26/96 1.18
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
* Legend :
1) Request for waiver of Prepayment Penalty
2) Payment default
3) Request for Loan Modification or Workout
4) Loans with Borrower Bankruptcy
5) Loans in Process of Foreclosure
6) Loans now REO Property
7) Loans Paid Off
8) Loans Returned to Master Servicer
Modified Loan Detail
Offering
Distribution Circular Modification
Modification
Date Control # Date
Description
09/25/96 200 04/01/96 The maturity date of the
Note is extended
to April 1, 1997, the final
maturity date.
09/25/96 503 04/15/96 The maturity date of the
Note is extended to
April 15, 1997, the final
maturity date.
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Note: Aggregate liquidation expenses also include
outstanding P&I advances and unpaid servicing fees, unpaid
special servicing fees, unpaid trustee fees, etc..
Realized Loss Detail
No Realized Loss Detail as of the current due date
Offering
Distribution Circular Appraisal
Appraisal Value/
Date Control # Date
Brokers Estimate
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0
0.00
Current Total 0
0.00
Cumulative 0
0.00
Offering Scheduled
Distribution Circular Principal
Gross
Date Control # Balance
Proceeds
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
Current Total 0 0.00
0.00
Cumulative 0 0.00
0.00
Gross
Proceeds
Offering as a % of
Distribution Circular Scheduled
Date Control # Principal
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
0
0.000%
Current Total 0
0.000%
Cumulative 0
0.000%
Offering Aggregate
Net
Distribution Circular Liquidation
Liquidation
Date Control # Expenses *
Proceeds
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
0 0.00
0.00
Current Total 0 0.00
0.00
Cumulative 0 0.00
0.00
Net
Proceeds
Offering as a % of
Current
Distribution Circular Scheduled
Realized
Date Control # Balance
Loss
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
0 0.000%
0.00
Current Total 0 0.000%
0.00
Cumulative 0 0.000%
0.00
MIDLAND LOAN SERVICES, L.P. - MASTER SERVICER
LOAN PORTFOLIO ANALYSIS SYSTEM - LOAN STATUS
PORTFOLIO: SASCO SERIES 1996 CFL
REPORTING PERIOD: OCTOBER, 1996
DATE PRINTED: 28-OCT-96
<TABLE>
<CAPTION>
CURRENT
ASSET PRINCIPAL DAYS ENVIRON
NO BALANCE DELINQ LTV DSCR ISSUES ASSET STATUS
RESOLUTION TYPE
<S> <C> <C> <C> <C> <C> <C> <C>
001 33,352,703 0 59.6% 1.48 N/A PERFORMING PERFORM
TO MATURITY
002 28,528,949 0 73.2% 1.13 N/A PERFORMING PERFORM
TO MATURITY
003 27,169,484 0 76.5% 1.02 N/A PERFORMING PERFORM
TO MATURITY
004 26,344,518 0 97.2% 1.21 N/A NEGOTIATING MODIFICATIONS
DISCOUNTED PAYOFF
005 24,655,469 0 69.8% 1.54 N/A PERFORMING PERFORM
TO MATURITY
006 22,752,831 0 97.7% 1.14 N/A PERFORMING PERFORM
TO MATURITY
007 21,824,607 0 70.7% 1.04 N/A PERFORMING PERFORM
TO MATURITY
008 19,384,917 0 66.0% 1.06 N/A PERFORMING PERFORM
TO MATURITY
009 18,868,886 0 63.7% 1.19 N/A PERFORMING PERFORM
TO MATURITY
010 18,827,586 0 50.1% 1.43 N/A PERFORMING PERFORM
TO MATURITY
011 18,737,440 0 64.6% 1.53 N/A PERFORMING PERFORM
TO MATURITY
012 17,987,426 0 74.1% 1.27 N/A PERFORMING PERFORM
TO MATURITY
013 17,829,217 0 64.8% 1.18 N/A PERFORMING PERFORM
TO MATURITY
014 17,774,883 0 72.0% 1.28 N/A PERFORMING PERFORM
TO MATURITY
015 16,738,234 0 70.4% 1.57 N/A PERFORMING PERFORM
TO MATURITY
016 16,137,907 0 65.6% 1.30 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
017 15,868,496 0 55.5% 1.04 N/A PERFORMING PERFORM
TO MATURITY
018 15,730,274 0 138.0% 1.30 N/A PERFORMING
PERFORM TO MATURITY
019 15,080,040 0 62.8% 1.73 N/A PERFORMING PERFORM
TO MATURITY
020 15,000,000 0 57.3% 1.60 N/A PERFORMING PERFORM
TO MATURITY
021 14,763,163 0 82.9% 1.10 N/A PERFORMING PERFORM
TO MATURITY
022 13,680,101 0 59.0% 1.29 N/A PERFORMING PERFORM
TO MATURITY
023 12,672,002 0 72.4% 1.20 N/A PERFORMING PERFORM
TO MATURITY
024 12,015,510 0 63.2% 0.96 N/A PERFORMING PERFORM
TO MATURITY
025 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
026 10,991,903 0 64.7% 2.19 N/A PERFORMING PERFORM
TO MATURITY
027 10,617,320 0 69.2% 1.17 N/A PERFORMING PERFORM
TO MATURITY
028 10,556,526 0 71.8% 1.11 N/A PERFORMING PERFORM
TO MATURITY
029 0 0 0.0% N/A INACTIVE PERFORM TO
MATURITY
030 10,350,000 0 65.1% 1.89 N/A PERFORMING PERFORM
TO MATURITY
031 10,201,472 0 54.3% 1.13 N/A PERFORMING PERFORM
TO MATURITY
032 9,924,396 0 42.2% 1.40 N/A PERFORMING PERFORM
TO MATURITY
033 9,899,959 0 52.1% 1.44 N/A PERFORMING PERFORM
TO MATURITY
034 9,654,875 0 64.8% 1.33 N/A PERFORMING PERFORM
TO MATURITY
035 9,597,099 0 60.0% 1.31 N/A PERFORMING PERFORM
TO MATURITY
037 9,339,970 0 63.1% 1.35 N/A PERFORMING PERFORM
TO MATURITY
038 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
039 9,036,145 0 69.5% 1.09 N/A PERFORMING PERFORM
TO MATURITY
040 9,021,366 0 67.3% 1.31 N/A PERFORMING PERFORM
TO MATURITY
041 8,827,229 0 62.7% 1.36 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
042 8,758,120 0 55.3% 1.09 N/A PERFORMING PERFORM
TO MATURITY
043 8,802,742 0 71.0% 0.85 N/A PERFORMING PERFORM
TO MATURITY
044 8,702,617 0 65.9% 1.08 N/A PERFORMING PERFORM
TO MATURITY
045 8,539,282 0 60.4% 1.31 N/A PERFORMING PERFORM
TO MATURITY
046 8,488,545 0 73.2% 1.47 N/A PERFORMING PERFORM
TO MATURITY
047 8,285,916 0 59.2% 1.26 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
048 8,293,118 0 65.0% 1.22 N/A PERFORMING PERFORM
TO MATURITY
049 8,280,776 0 68.4% 1.14 N/A PERFORMING PERFORM
TO MATURITY
050 8,241,118 0 70.1% 1.34 N/A PERFORMING PERFORM
TO MATURITY
051 8,180,302 0 63.7% 1.34 N/A PERFORMING PERFORM
TO MATURITY
052 7,875,381 0 68.7% 1.21 N/A PERFORMING PERFORM
TO MATURITY
053 7,712,699 0 61.7% 1.78 N/A PERFORMING PERFORM
TO MATURITY
054 7,686,490 0 128.1% 1.10 N/A PERFORMING PERFORM
TO MATURITY
055 7,664,656 0 71.6% 1.22 N/A PERFORMING PERFORM
TO MATURITY
056 7,633,330 0 70.7% 1.32 N/A PERFORMING PERFORM
TO MATURITY
057 7,584,787 0 66.5% 1.22 N/A PERFORMING PERFORM
TO MATURITY
058 7,574,691 0 66.7% 1.29 N/A PERFORMING PERFORM
TO MATURITY
059 7,506,597 0 70.3% 1.42 N/A PERFORMING PERFORM
TO MATURITY
060 7,247,309 0 69.7% 1.20 N/A PERFORMING PERFORM
TO MATURITY
061 6,928,733 0 63.0% 1.06 N/A PERFORMING PERFORM
TO MATURITY
062 6,979,809 0 64.6% 1.22 N/A PERFORMING PERFORM
TO MATURITY
063 6,966,836 0 65.7% 1.21 N/A PERFORMING PERFORM
TO MATURITY
064 6,750,000 0 79.4% 2.82 N/A PERFORMING PERFORM
TO MATURITY
065 6,569,452 0 69.2% 1.29 N/A PERFORMING PERFORM
TO MATURITY
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT
ASSET PRINCIPAL DAYS ENVIRON
NO BALANCE DELINQ LTV DSCR ISSUES ASSET STATUS
RESOLUTION TYPE
<S> <C> <C> <C> <C> <C> <C> <C>
066 6,377,600 0 65.6% 1.29 N/A PERFORMING PERFORM
TO MATURITY
067 6,297,394 0 60.8% 1.33 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
068 6,224,940 0 69.9% 1.15 N/A PERFORMING PERFORM
TO MATURITY
069 6,221,552 0 47.5% 1.01 N/A PERFORMING PERFORM
TO MATURITY
070 5,970,669 0 67.3% 1.18 N/A PERFORMING PERFORM
TO MATURITY
071 6,043,144 0 67.1% 1.21 N/A PERFORMING PERFORM
TO MATURITY
072 0 0 0.0% N/A INACTIVE PERFORM TO
MATURITY
073 0 0 0.0% 1.88 N/A INACTIVE PERFORM TO
MATURITY
074 5,852,068 0 111.5% 1.40 N/A PERFORMING PERFORM
TO MATURITY
075 5,958,890 0 68.7% 1.37 N/A PERFORMING PERFORM
TO MATURITY
076 5,942,254 0 69.1% 1.29 N/A PERFORMING PERFORM
TO MATURITY
077 5,838,550 0 64.5% 1.20 N/A COLLECTION IN PROCESS
PERFORM TO MATURITY AS MODIFIE
078 5,794,638 0 74.3% 1.07 N/A PERFORMING PERFORM
TO MATURITY
079 5,737,119 0 65.9% 1.30 N/A PERFORMING PERFORM
TO MATURITY
080 5,709,477 0 54.4% 1.66 N/A PERFORMING PERFORM
TO MATURITY
081 0 0 0.0% 1.67 N/A INACTIVE PRE-PAID IN
FULL
082 0 0 0.0% N/A INACTIVE PERFORM TO
MATURITY
083 5,522,062 0 62.7% 1.02 N/A PERFORMING PERFORM
TO MATURITY
084 5,477,839 0 74.3% 1.26 N/A PERFORMING PERFORM
TO MATURITY
085 5,434,432 0 60.8% 1.49 N/A PERFORMING PERFORM
TO MATURITY
086 5,256,434 0 75.4% 1.71 N/A PERFORMING PERFORM
TO MATURITY
087 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
088 5,139,376 0 45.2% 1.82 N/A PERFORMING PERFORM
TO MATURITY
089 5,215,533 0 36.7% 0.00 N/A PERFORMING PERFORM
TO MATURITY
090 5,195,968 0 69.3% 1.46 N/A PERFORMING PERFORM
TO MATURITY
091 5,143,529 0 64.7% 1.51 N/A PERFORMING PERFORM
TO MATURITY
093 5,175,000 0 124.7% 1.88 N/A PERFORMING PERFORM
TO MATURITY
094 5,100,606 0 48.6% 1.81 N/A PERFORMING PERFORM
TO MATURITY
095 5,091,160 0 69.3% 1.34 N/A PERFORMING PERFORM
TO MATURITY
096 4,938,765 0 41.5% 2.43 N/A PERFORMING PERFORM
TO MATURITY
097 4,967,345 0 63.9% 1.52 N/A PERFORMING PERFORM
TO MATURITY
099 5,000,567 0 58.1% 1.33 N/A PERFORMING PERFORM
TO MATURITY
100 5,006,873 0 70.5% 1.20 N/A PERFORMING PERFORM
TO MATURITY
101 4,901,649 0 65.2% 1.10 N/A PERFORMING PERFORM
TO MATURITY
102 4,916,533 0 70.2% 1.42 N/A PERFORMING PERFORM
TO MATURITY
103 4,874,058 0 68.4% 1.34 N/A PERFORMING PERFORM
TO MATURITY
104 4,826,860 0 71.0% 1.09 N/A PERFORMING PERFORM
TO MATURITY
105 4,829,955 0 65.3% 1.31 N/A PERFORMING PERFORM
TO MATURITY
106 4,771,808 0 45.9% 1.85 N/A PERFORMING PERFORM
TO MATURITY
108 4,738,009 0 63.2% 1.42 N/A PERFORMING PERFORM
TO MATURITY
109 4,742,841 0 65.9% 1.13 N/A PERFORMING PERFORM
TO MATURITY
110 4,627,103 0 53.3% 1.49 N/A PERFORMING PERFORM
TO MATURITY
111 4,720,792 0 67.4% 0.92 N/A PERFORMING PERFORM
TO MATURITY
112 4,693,688 0 68.5% 1.78 N/A PERFORMING PERFORM
TO MATURITY
113 4,686,365 0 83.7% 1.07 N/A PERFORMING PERFORM
TO MATURITY
114 4,596,592 0 55.4% 0.00 N/A PERFORMING PERFORM
TO MATURITY
115 4,611,440 0 69.6% 1.20 N/A PERFORMING PERFORM
TO MATURITY
116 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
117 4,566,539 0 68.2% 1.03 N/A PERFORMING PERFORM
TO MATURITY
118 4,500,334 0 77.6% 1.18 N/A PERFORMING PERFORM
TO MATURITY
119 4,495,378 0 68.1% 1.29 N/A PERFORMING PERFORM
TO MATURITY
120 4,473,835 0 66.8% 0.94 N/A PERFORMING PERFORM
TO MATURITY
121 4,309,989 0 58.2% 1.27 N/A PERFORMING PERFORM
TO MATURITY
122 4,470,273 0 66.5% 1.17 N/A PERFORMING PERFORM
TO MATURITY
123 4,441,407 0 63.4% 1.22 N/A PERFORMING PERFORM
TO MATURITY
124 4,334,724 0 59.4% 1.36 N/A PERFORMING PERFORM
TO MATURITY
125 4,427,908 0 74.3% 0.80 N/A PERFORMING PERFORM
TO MATURITY
126 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
127 4,363,900 0 67.1% 1.30 N/A PERFORMING PERFORM
TO MATURITY
128 4,304,123 0 65.2% 1.42 N/A PERFORMING PERFORM
TO MATURITY
129 4,178,113 0 63.3% 1.19 N/A PERFORMING PERFORM
TO MATURITY
130 4,174,039 0 50.7% 1.18 N/A PERFORMING PERFORM
TO MATURITY
131 4,160,842 0 60.3% 1.33 N/A PERFORMING PERFORM
TO MATURITY
132 4,169,282 0 69.5% 1.56 N/A PERFORMING PERFORM
TO MATURITY
133 4,142,573 0 1.19 N/A PERFORMING PERFORM TO
MATURITY
134 4,132,085 0 0.00 N/A PERFORMING PERFORM TO
MATURITY
135 4,133,695 0 64.8% 1.65 N/A PERFORMING PERFORM
TO MATURITY
136 4,125,000 0 75.0% 2.01 N/A PERFORMING PERFORM
TO MATURITY
137 4,081,762 0 69.2% 0.98 N/A PERFORMING PERFORM
TO MATURITY
138 4,071,180 0 55.8% 1.50 N/A PERFORMING PERFORM
TO MATURITY
139 4,058,844 0 64.4% 1.14 N/A PERFORMING PERFORM
TO MATURITY
140 4,062,889 0 68.9% 1.16 N/A PERFORMING PERFORM
TO MATURITY
141 4,040,615 14 323.2% 0.95 N/A NEGOTIATING MODIFICATIONS
DISCOUNTED PAYOFF
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT
ASSET PRINCIPAL DAYS ENVIRON
NO BALANCE DELINQ LTV DSCR ISSUES ASSET STATUS
RESOLUTION TYPE
<S> <C> <C> <C> <C> <C> <C> <C>
142 3,964,451 0 65.0% 1.19 N/A PERFORMING PERFORM
TO MATURITY
143 3,983,315 0 67.5% 1.47 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
144 0 0 0.0% N/A INACTIVE PERFORM TO
MATURITY
145 3,917,991 0 68.1% 1.32 N/A PERFORMING PERFORM
TO MATURITY
146 0 0 0.0% N/A INACTIVE PERFORM TO
MATURITY
147 3,616,371 0 24.1% 2.67 N/A PERFORMING PERFORM
TO MATURITY
148 3,861,728 0 67.2% 1.19 N/A PERFORMING PERFORM
TO MATURITY
149 3,768,057 0 43.3% 1.03 N/A PERFORMING PERFORM
TO MATURITY
150 3,858,145 0 85.7% 1.32 N/A PERFORMING PERFORM
TO MATURITY
151 3,821,022 0 66.5% 1.33 N/A PERFORMING PERFORM
TO MATURITY
152 3,768,572 0 47.8% 1.01 N/A PERFORMING PERFORM
TO MATURITY
153 3,824,612 0 58.8% 1.16 N/A PERFORMING PERFORM
TO MATURITY
154 3,818,315 0 66.7% 1.45 N/A PERFORMING PERFORM
TO MATURITY
155 3,799,878 0 60.6% 1.21 N/A PERFORMING PERFORM
TO MATURITY
156 3,759,479 0 41.3% 2.64 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
157 3,771,234 14 67.3% 1.04 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
158 3,751,289 0 1.26 N/A PERFORMING PERFORM TO
MATURITY
159 3,717,289 0 68.3% 0.80 N/A PERFORMING PERFORM
TO MATURITY
160 3,538,519 0 44.2% 2.31 N/A PERFORMING PERFORM
TO MATURITY
161 3,669,597 0 69.2% 1.45 N/A PERFORMING PERFORM
TO MATURITY
162 3,639,680 0 70.9% 1.45 N/A PERFORMING PERFORM
TO MATURITY
163 3,615,429 0 60.3% 1.39 N/A PERFORMING PERFORM
TO MATURITY
164 3,592,127 0 1.15 N/A PERFORMING PERFORM TO
MATURITY
165 3,538,960 0 60.0% 1.39 N/A PERFORMING PERFORM
TO MATURITY
166 3,558,032 0 96.2% 1.39 N/A PERFORMING PERFORM
TO MATURITY
167 3,586,874 0 56.0% 2.24 N/A PERFORMING PERFORM
TO MATURITY
168 3,545,592 0 66.9% 2.17 N/A PERFORMING PERFORM
TO MATURITY
169 3,358,616 0 42.8% 1.12 N/A PERFORMING PERFORM
TO MATURITY
170 3,497,597 0 1.15 N/A PERFORMING PERFORM TO
MATURITY
171 3,465,374 0 63.0% 1.44 N/A PERFORMING PERFORM
TO MATURITY
172 3,451,178 0 70.4% 1.39 N/A PERFORMING PERFORM
TO MATURITY
173 3,439,597 0 70.7% 1.04 N/A PERFORMING PERFORM
TO MATURITY
174 3,425,961 0 68.5% 1.10 N/A PERFORMING PERFORM
TO MATURITY
175 3,402,026 0 65.7% 1.57 N/A PERFORMING PERFORM
TO MATURITY
176 3,401,052 0 61.8% 1.57 N/A PERFORMING PERFORM
TO MATURITY
177 3,352,329 0 69.5% 1.51 N/A PERFORMING PERFORM
TO MATURITY
178 3,348,684 0 63.8% 0.87 N/A PERFORMING PERFORM
TO MATURITY
179 3,342,976 0 89.1% 1.20 N/A PERFORMING PERFORM
TO MATURITY
180 3,345,557 0 104.5% 0.97 N/A PERFORMING PERFORM
TO MATURITY
181 3,250,040 0 57.0% 1.13 N/A PERFORMING PERFORM
TO MATURITY
182 3,240,427 0 68.9% 1.21 N/A PERFORMING PERFORM
TO MATURITY
183 3,159,238 0 64.2% 1.80 N/A PERFORMING PERFORM
TO MATURITY
184 3,146,862 0 70.7% 1.13 N/A PERFORMING PERFORM
TO MATURITY
185 3,150,311 0 60.9% 1.25 N/A PERFORMING PERFORM
TO MATURITY
186 3,082,357 0 70.9% 1.14 N/A PERFORMING PERFORM
TO MATURITY
187 3,050,632 0 66.3% 1.57 N/A PERFORMING PERFORM
TO MATURITY
188 3,008,513 0 59.5% 1.39 N/A PERFORMING PERFORM
TO MATURITY
189 3,017,515 0 62.2% 1.37 N/A PERFORMING PERFORM
TO MATURITY
190 3,029,837 0 67.9% 1.56 N/A PERFORMING PERFORM
TO MATURITY
191 3,010,665 0 67.9% 0.60 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
192 2,978,478 0 74.3% 1.62 N/A PERFORMING PERFORM
TO MATURITY
193 2,940,062 0 62.6% 1.55 N/A PERFORMING PERFORM
TO MATURITY
194 2,952,749 0 70.8% 1.34 N/A PERFORMING PERFORM
TO MATURITY
195 2,917,936 0 64.8% 1.26 N/A PERFORMING PERFORM
TO MATURITY
196 2,926,710 0 70.5% 1.24 N/A PERFORMING PERFORM
TO MATURITY
197 2,897,993 0 63.3% 1.08 N/A PERFORMING PERFORM
TO MATURITY
198 2,867,267 0 63.7% 1.34 N/A PERFORMING PERFORM
TO MATURITY
199 2,890,553 0 70.5% 1.20 N/A PERFORMING PERFORM
TO MATURITY
200 2,877,985 0 68.5% 1.58 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
201 2,822,347 0 40.3% 1.81 N/A PERFORMING PERFORM
TO MATURITY
202 2,794,738 0 65.8% 1.36 N/A PERFORMING PERFORM
TO MATURITY
203 2,731,880 0 60.7% 1.20 N/A PERFORMING PERFORM
TO MATURITY
204 2,789,659 0 62.0% 1.14 N/A PERFORMING PERFORM
TO MATURITY
205 2,766,682 0 52.2% 1.43 N/A PERFORMING PERFORM
TO MATURITY
206 2,772,624 0 49.5% 1.10 N/A PERFORMING PERFORM
TO MATURITY
207 2,762,115 61 67.8% 1.17 N/A NEGOTIATING MODIFICATIONS
PERFORM TO MATURITY AS MODIFIE
208 2,735,834 0 63.6% 1.03 N/A PERFORMING PERFORM
TO MATURITY
209 2,730,709 0 67.3% 1.59 N/A PERFORMING PERFORM
TO MATURITY
210 2,709,974 0 19.1% 6.92 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
211 0 0 0.0% N/A INACTIVE PERFORM TO
MATURITY
212 2,716,025 0 113.2% 1.07 N/A PERFORMING PERFORM
TO MATURITY
213 2,699,456 0 70.2% 1.45 N/A PERFORMING PERFORM
TO MATURITY
214 2,669,032 0 67.6% 1.37 N/A PERFORMING PERFORM
TO MATURITY
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT
ASSET PRINCIPAL DAYS ENVIRON
NO BALANCE DELINQ LTV DSCR ISSUES ASSET STATUS
RESOLUTION TYPE
<S> <C> <C> <C> <C> <C> <C> <C>
215 2,659,157 0 120.9% 1.32 N/A PERFORMING PERFORM
TO MATURITY
216 2,654,809 0 67.4% 1.16 N/A PERFORMING PERFORM
TO MATURITY
217 2,658,213 0 41.8% 1.50 N/A PERFORMING PERFORM
TO MATURITY
218 2,651,539 0 68.9% 1.13 N/A PERFORMING PERFORM
TO MATURITY
219 2,647,784 0 68.3% 1.18 N/A PERFORMING PERFORM
TO MATURITY
220 2,610,682 0 61.4% 0.92 N/A PERFORMING PERFORM
TO MATURITY
221 2,648,490 0 6.8% 13.66 N/A PERFORMING PERFORM
TO MATURITY
222 2,555,607 0 33.8% 3.07 N/A PERFORMING PERFORM
TO MATURITY
223 2,582,364 0 51.6% 1.84 N/A PERFORMING PERFORM
TO MATURITY
224 2,600,835 0 64.2% 1.34 N/A PERFORMING PERFORM
TO MATURITY
225 2,594,274 0 67.4% 1.16 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
226 2,592,233 0 70.1% 1.29 N/A PERFORMING PERFORM
TO MATURITY
227 2,562,829 0 58.2% 1.10 N/A PERFORMING PERFORM
TO MATURITY
228 2,529,455 0 63.1% 1.23 N/A PERFORMING PERFORM
TO MATURITY
229 2,540,129 0 65.1% 1.84 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
230 2,541,523 0 66.9% 1.04 N/A PERFORMING PERFORM
TO MATURITY
231 2,536,952 0 67.7% 1.14 N/A PERFORMING PERFORM
TO MATURITY
232 2,506,077 0 61.4% 1.64 N/A PERFORMING PERFORM
TO MATURITY
233 2,533,440 0 69.4% 1.84 N/A PERFORMING PERFORM
TO MATURITY
234 2,455,108 0 44.6% 2.31 N/A PERFORMING PERFORM
TO MATURITY
235 2,478,440 0 61.3% 2.19 N/A PERFORMING PERFORM
TO MATURITY
236 2,466,496 0 61.7% 1.51 N/A PERFORMING PERFORM
TO MATURITY
237 2,469,082 0 68.6% 1.09 N/A PERFORMING PERFORM
TO MATURITY
238 2,466,982 0 74.3% 2.04 N/A PERFORMING PERFORM
TO MATURITY
239 2,445,288 0 62.7% 0.85 N/A PERFORMING PERFORM
TO MATURITY
240 2,409,177 0 60.3% 1.38 N/A PERFORMING PERFORM
TO MATURITY
241 2,410,766 0 63.4% 1.40 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
242 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
243 2,412,829 0 61.9% 1.04 N/A PERFORMING PERFORM
TO MATURITY
244 2,390,836 0 63.6% 1.14 N/A PERFORMING PERFORM
TO MATURITY
245 2,399,422 0 65.2% 0.73 N/A PERFORMING PERFORM
TO MATURITY
246 2,367,763 0 41.5% 1.99 N/A PERFORMING PERFORM
TO MATURITY
247 2,396,667 0 68.5% 0.92 N/A PERFORMING PERFORM
TO MATURITY
248 2,366,149 0 60.3% 1.41 N/A PERFORMING PERFORM
TO MATURITY
249 2,336,994 0 62.9% 1.05 N/A PERFORMING PERFORM
TO MATURITY
250 2,339,560 0 65.9% 1.02 N/A PERFORMING PERFORM
TO MATURITY
251 2,346,221 0 65.2% 3.93 N/A PERFORMING PERFORM
TO MATURITY
252 2,318,216 0 64.4% 1.20 N/A PERFORMING PERFORM
TO MATURITY
253 2,343,750 0 90.1% 2.44 N/A PERFORMING PERFORM
TO MATURITY
254 2,317,426 0 68.2% 1.30 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
255 2,308,058 5 69.9% 1.30 N/A PERFORMING PERFORM
TO MATURITY
256 2,298,002 0 63.5% 1.43 N/A PERFORMING PERFORM
TO MATURITY
257 2,304,066 0 59.5% 1.45 N/A PERFORMING PERFORM
TO MATURITY
258 2,305,923 0 67.8% 1.14 N/A PERFORMING PERFORM
TO MATURITY
259 2,300,455 0 66.8% 0.99 N/A PERFORMING PERFORM
TO MATURITY
260 2,286,227 0 63.5% 1.59 N/A PERFORMING PERFORM
TO MATURITY
261 2,265,980 0 62.9% 1.63 N/A PERFORMING PERFORM
TO MATURITY
262 2,262,137 0 63.5% 1.57 N/A PERFORMING PERFORM
TO MATURITY
263 2,252,196 0 62.6% 1.39 N/A PERFORMING PERFORM
TO MATURITY
264 2,231,365 0 69.7% 1.32 N/A PERFORMING PERFORM
TO MATURITY
265 2,230,899 0 71.7% 1.23 N/A PERFORMING PERFORM
TO MATURITY
266 2,197,055 0 66.6% 1.51 N/A PERFORMING PERFORM
TO MATURITY
267 2,218,928 0 71.6% 1.31 N/A PERFORMING PERFORM
TO MATURITY
268 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
269 2,175,765 0 64.0% 1.31 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
270 2,176,335 0 68.0% 1.19 N/A PERFORMING PERFORM
TO MATURITY
271 2,165,212 0 56.2% 1.04 N/A PERFORMING PERFORM
TO MATURITY
272 2,174,966 0 60.8% 1.06 N/A PERFORMING PERFORM
TO MATURITY
273 2,141,460 0 63.0% 1.25 N/A PERFORMING PERFORM
TO MATURITY
274 2,126,087 0 48.9% 1.15 N/A PERFORMING PERFORM
TO MATURITY
275 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
276 2,110,982 0 49.3% 0.91 N/A PERFORMING PERFORM
TO MATURITY
277 2,105,400 0 61.9% 0.95 N/A PERFORMING PERFORM
TO MATURITY
278 2,084,645 0 53.8% 1.25 N/A PERFORMING PERFORM
TO MATURITY
279 2,075,657 0 50.6% 1.38 N/A PERFORMING PERFORM
TO MATURITY
280 2,076,278 0 67.0% 1.54 N/A PERFORMING PERFORM
TO MATURITY
281 2,100,763 0 67.8% 1.20 N/A PERFORMING PERFORM
TO MATURITY
282 2,100,000 0 32.3% 4.08 N/A PERFORMING PERFORM
TO MATURITY
283 2,082,399 0 65.1% 1.45 N/A PERFORMING PERFORM
TO MATURITY
284 2,087,115 0 87.0% 1.45 N/A PERFORMING PERFORM
TO MATURITY
285 2,050,338 0 66.7% 1.36 N/A PERFORMING PERFORM
TO MATURITY
286 2,045,837 0 68.2% 1.30 N/A PERFORMING PERFORM
TO MATURITY
287 1,998,825 0 41.6% 1.53 N/A PERFORMING PERFORM
TO MATURITY
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT
ASSET PRINCIPAL DAYS ENVIRON
NO BALANCE DELINQ LTV DSCR ISSUES ASSET STATUS
RESOLUTION TYPE
<S> <C> <C> <C> <C> <C> <C> <C>
288 2,034,463 0 64.6% 1.44 N/A PERFORMING PERFORM
TO MATURITY
289 2,040,209 0 74.3% 1.61 N/A PERFORMING PERFORM
TO MATURITY
290 2,033,798 0 67.8% 1.13 N/A PERFORMING PERFORM
TO MATURITY
291 1,997,341 0 66.6% 1.42 N/A PERFORMING PERFORM
TO MATURITY
292 1,979,995 0 74.7% 1.18 N/A PERFORMING PERFORM
TO MATURITY
293 1,995,464 0 66.5% 1.53 N/A PERFORMING PERFORM
TO MATURITY
294 1,956,864 0 49.8% 1.21 N/A PERFORMING PERFORM
TO MATURITY
295 1,959,296 0 39.2% 1.82 N/A PERFORMING PERFORM
TO MATURITY
296 2,000,000 0 45.5% 3.50 N/A PERFORMING PERFORM
TO MATURITY
297 1,969,668 0 75.9% 1.47 N/A PERFORMING PERFORM
TO MATURITY
298 1,965,378 0 67.8% 1.57 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
299 1,964,837 0 65.5% 1.01 N/A PERFORMING PERFORM
TO MATURITY
300 1,947,096 0 64.9% 1.33 N/A PERFORMING PERFORM
TO MATURITY
301 1,952,517 0 65.1% 0.95 N/A PERFORMING PERFORM
TO MATURITY
302 1,964,106 0 51.7% 1.82 N/A PERFORMING PERFORM
TO MATURITY
303 1,954,991 0 68.0% 0.96 N/A PERFORMING PERFORM
TO MATURITY
304 1,929,772 0 71.2% 1.25 N/A PERFORMING PERFORM
TO MATURITY
305 1,879,065 0 38.0% 2.89 N/A PERFORMING PERFORM
TO MATURITY
306 1,918,739 0 74.3% 1.74 N/A PERFORMING PERFORM
TO MATURITY
307 0 0 0.0% 1.14 N/A INACTIVE PAYOFF PAST
MATURITY
308 1,893,453 0 58.4% 0.91 N/A PERFORMING PERFORM
TO MATURITY
309 1,901,381 0 70.4% 1.84 N/A PERFORMING PERFORM
TO MATURITY
310 1,842,923 0 44.9% 1.11 N/A PERFORMING PERFORM
TO MATURITY
311 1,884,441 0 65.8% 1.50 N/A PERFORMING PERFORM
TO MATURITY
312 1,882,196 0 56.2% 1.39 N/A PERFORMING PERFORM
TO MATURITY
313 1,877,591 0 68.3% 1.20 N/A PERFORMING PERFORM
TO MATURITY
314 1,866,607 0 74.3% 1.60 N/A PERFORMING PERFORM
TO MATURITY
315 1,856,834 0 66.9% 1.38 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
316 1,850,906 0 59.3% 1.49 N/A PERFORMING PERFORM
TO MATURITY
317 1,849,708 0 68.5% 1.29 N/A PERFORMING PERFORM
TO MATURITY
318 1,832,984 0 50.9% 1.31 N/A PERFORMING PERFORM
TO MATURITY
319 1,841,315 0 69.0% 0.00 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
320 1,826,611 0 68.3% 1.34 N/A PERFORMING PERFORM
TO MATURITY
321 1,813,112 0 67.8% 1.39 N/A PERFORMING PERFORM
TO MATURITY
322 0 0 0.0% N/A INACTIVE PERFORM TO
MATURITY
323 1,782,166 0 66.3% 1.01 N/A PERFORMING PERFORM
TO MATURITY
324 1,802,086 0 49.1% 1.55 N/A PERFORMING PERFORM
TO MATURITY
325 0 0 0.0% 1.53 N/A INACTIVE PAYOFF PAST
MATURITY
326 1,794,432 0 63.0% 1.80 N/A PERFORMING PERFORM
TO MATURITY
327 1,787,239 0 63.8% 1.86 N/A PERFORMING PERFORM
TO MATURITY
328 1,784,249 0 68.1% 0.84 N/A PERFORMING PERFORM
TO MATURITY
329 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
330 1,781,015 0 64.8% 1.40 N/A PERFORMING PERFORM
TO MATURITY
331 1,769,496 0 43.2% 3.33 N/A PERFORMING PERFORM
TO MATURITY
332 1,730,088 0 59.7% 1.31 N/A PERFORMING PERFORM
TO MATURITY
333 1,743,706 0 68.3% 1.84 N/A PERFORMING PERFORM
TO MATURITY
334 1,746,263 0 91.9% 1.66 N/A PERFORMING PERFORM
TO MATURITY
335 1,699,537 0 82.1% 1.01 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
336 1,711,217 0 59.0% 1.37 N/A PERFORMING PERFORM
TO MATURITY
337 1,667,508 0 27.9% 3.34 N/A PERFORMING PERFORM
TO MATURITY
338 0 0 0.0% N/A INACTIVE PERFORM TO
MATURITY
339 1,684,938 0 35.8% 1.41 N/A PERFORMING PERFORM
TO MATURITY
340 1,683,409 0 51.0% 1.31 N/A PERFORMING PERFORM
TO MATURITY
341 1,676,816 0 62.1% 2.03 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
342 1,669,428 0 52.2% 1.56 N/A PERFORMING PERFORM
TO MATURITY
343 1,693,322 0 60.5% 1.58 N/A PERFORMING PERFORM
TO MATURITY
344 1,643,819 0 22.5% 2.55 N/A PERFORMING PERFORM
TO MATURITY
345 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
346 1,656,717 0 48.7% 1.38 N/A PERFORMING PERFORM
TO MATURITY
347 1,678,735 0 74.3% 0.79 N/A PERFORMING PERFORM
TO MATURITY
348 1,678,966 0 95.9% 0.88 N/A NEGOTIATING MODIFICATIONS
DISCOUNTED PAYOFF
349 1,629,532 0 65.2% 1.32 N/A PERFORMING PERFORM
TO MATURITY
350 1,625,460 0 69.6% 1.26 N/A PERFORMING PERFORM
TO MATURITY
351 1,630,269 0 67.9% 0.74 N/A PERFORMING PERFORM
TO MATURITY
352 1,630,674 0 70.1% 1.44 N/A PERFORMING PERFORM
TO MATURITY
353 1,616,639 0 53.5% 1.42 N/A PERFORMING PERFORM
TO MATURITY
354 1,613,962 0 64.6% 1.86 N/A PERFORMING PERFORM
TO MATURITY
355 1,607,651 0 74.3% 1.23 N/A PERFORMING PERFORM
TO MATURITY
356 1,584,935 0 74.3% 2.03 N/A PERFORMING PERFORM
TO MATURITY
357 1,562,041 0 56.8% 0.71 N/A PERFORMING PERFORM
TO MATURITY
358 1,569,051 0 63.8% 0.70 N/A PERFORMING PERFORM
TO MATURITY
359 1,560,288 0 63.2% 1.31 N/A PERFORMING PERFORM
TO MATURITY
360 1,562,563 0 68.7% 1.16 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT
ASSET PRINCIPAL DAYS ENVIRON
NO BALANCE DELINQ LTV DSCR ISSUES ASSET STATUS
RESOLUTION TYPE
<S> <C> <C> <C> <C> <C> <C> <C>
361 1,538,492 0 66.9% 1.58 N/A PERFORMING PERFORM
TO MATURITY
362 1,527,689 0 74.3% 2.57 N/A PERFORMING PERFORM
TO MATURITY
363 1,515,487 0 70.5% 1.40 N/A PERFORMING PERFORM
TO MATURITY
364 1,515,866 0 116.6% 0.77 N/A PERFORMING PERFORM
TO MATURITY
365 1,499,483 0 65.2% 0.90 N/A PERFORMING PERFORM
TO MATURITY
366 1,481,956 0 39.0% 3.03 N/A PERFORMING PERFORM
TO MATURITY
367 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
368 1,486,980 0 64.7% 1.21 N/A PERFORMING PERFORM
TO MATURITY
369 1,487,653 0 68.6% 1.37 N/A PERFORMING PERFORM
TO MATURITY
370 1,486,568 0 67.6% 1.11 N/A PERFORMING PERFORM
TO MATURITY
371 1,483,117 0 74.3% 2.13 N/A PERFORMING PERFORM
TO MATURITY
372 1,481,753 0 67.4% 1.20 N/A PERFORMING PERFORM
TO MATURITY
373 1,475,093 0 67.0% 0.00 N/A PERFORMING PERFORM
TO MATURITY
374 1,451,512 0 60.5% 0.90 N/A PERFORMING PERFORM
TO MATURITY
375 1,452,387 0 63.1% 2.59 N/A PERFORMING PERFORM
TO MATURITY
376 1,446,604 0 69.9% 1.01 N/A NEGOTIATING EXTENSION
PERFORM TO MATURITY AS MODIFIE
377 1,447,129 0 67.6% 1.15 N/A PERFORMING PERFORM
TO MATURITY
378 1,446,538 0 74.3% 0.89 N/A PERFORMING PERFORM
TO MATURITY
379 1,427,250 0 60.5% 1.42 N/A PERFORMING PERFORM
TO MATURITY
380 1,444,262 0 56.9% 1.04 N/A PERFORMING PERFORM
TO MATURITY
381 1,418,262 0 74.3% 1.43 N/A PERFORMING PERFORM
TO MATURITY
382 1,398,302 0 60.8% 2.42 N/A PERFORMING PERFORM
TO MATURITY
383 1,366,140 0 55.5% 1.25 N/A PERFORMING PERFORM
TO MATURITY
384 1,384,123 0 63.1% 0.86 N/A PERFORMING PERFORM
TO MATURITY
385 1,369,201 0 60.1% 1.01 N/A PERFORMING PERFORM
TO MATURITY
386 1,367,533 0 63.6% 1.67 N/A PERFORMING PERFORM
TO MATURITY
387 1,358,016 0 53.5% 1.83 N/A PERFORMING PERFORM
TO MATURITY
388 1,362,849 0 68.1% 1.83 N/A PERFORMING PERFORM
TO MATURITY
389 1,352,709 0 64.4% 0.92 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
390 1,338,405 0 52.5% 1.15 N/A PERFORMING PERFORM
TO MATURITY
391 0 0 0.0% N/A INACTIVE PERFORM TO
MATURITY AS MODIFIE
392 1,348,352 0 69.3% 1.61 N/A PERFORMING PERFORM
TO MATURITY
393 1,333,355 0 66.7% 1.18 N/A PERFORMING PERFORM
TO MATURITY
394 1,340,372 0 67.0% 1.47 N/A PERFORMING PERFORM
TO MATURITY
395 0 0 0.0% N/A INACTIVE PERFORM TO
MATURITY
396 1,311,122 0 65.4% 1.14 N/A PERFORMING PERFORM
TO MATURITY
397 1,312,528 0 62.8% 2.56 N/A PERFORMING PERFORM
TO MATURITY
398 1,298,226 0 170.8% 0.78 N/A PERFORMING PERFORM
TO MATURITY
399 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
400 1,266,158 0 56.3% 1.15 N/A PERFORMING PERFORM
TO MATURITY
401 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
402 1,272,300 0 67.0% 1.73 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
403 1,269,078 0 66.8% 1.40 N/A PERFORMING PERFORM
TO MATURITY
404 1,266,199 0 66.6% 1.15 N/A PERFORMING PERFORM
TO MATURITY
405 1,255,315 0 61.2% 1.45 N/A PERFORMING PERFORM
TO MATURITY
407 1,240,893 0 40.6% 1.25 N/A PERFORMING PERFORM
TO MATURITY
409 1,212,542 0 32.4% 2.01 N/A PERFORMING PERFORM
TO MATURITY
410 1,224,554 0 69.2% 1.30 N/A PERFORMING PERFORM
TO MATURITY
411 1,170,563 0 43.2% 2.85 N/A PERFORMING PERFORM
TO MATURITY
412 1,211,721 0 39.7% 1.61 N/A PERFORMING PERFORM
TO MATURITY
413 1,210,990 0 63.7% 1.19 N/A PERFORMING PERFORM
TO MATURITY
414 1,204,703 0 60.2% 1.54 N/A PERFORMING PERFORM
TO MATURITY
415 1,208,286 0 69.6% 1.70 N/A PERFORMING PERFORM
TO MATURITY
416 1,210,961 0 131.6% 0.77 N/A PERFORMING PERFORM
TO MATURITY
417 1,203,952 0 63.4% 1.90 N/A PERFORMING PERFORM
TO MATURITY
418 1,192,555 0 59.6% 1.35 N/A PERFORMING PERFORM
TO MATURITY
419 1,206,796 0 81.8% 0.95 N/A INTENT TO FORECLOSE REO
SALE
420 1,197,208 0 53.2% 0.00 N/A PERFORMING PERFORM
TO MATURITY
421 1,169,193 0 58.5% 1.38 N/A PERFORMING PERFORM
TO MATURITY
422 1,184,160 0 74.3% 1.79 N/A PERFORMING PERFORM
TO MATURITY
423 1,152,018 0 53.6% 1.68 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
424 1,181,212 0 68.5% 1.40 N/A PERFORMING PERFORM
TO MATURITY
425 0 0 0.0% 1.19 N/A INACTIVE PAYOFF PAST
MATURITY
426 1,183,181 0 69.6% 1.22 N/A PERFORMING PERFORM
TO MATURITY
427 1,163,151 0 30.9% 1.83 N/A PERFORMING PERFORM
TO MATURITY
428 1,162,369 0 65.5% 1.30 N/A PERFORMING PERFORM
TO MATURITY
429 1,150,109 0 63.4% 1.06 N/A PERFORMING PERFORM
TO MATURITY
430 1,102,086 0 42.8% 1.52 N/A PERFORMING PERFORM
TO MATURITY
431 1,142,715 0 65.9% 1.34 N/A PERFORMING PERFORM
TO MATURITY
432 1,127,669 0 19.1% 4.53 N/A PERFORMING PERFORM
TO MATURITY
433 1,130,208 0 61.4% 1.35 N/A PERFORMING PERFORM
TO MATURITY
434 1,133,084 0 65.9% 1.07 N/A MONITORING FOR RETURN TO
MAST PERFORM TO MATURITY AS MODIFIE
435 1,133,078 0 74.3% 1.53 N/A PERFORMING PERFORM
TO MATURITY
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT
ASSET PRINCIPAL DAYS ENVIRON
NO BALANCE DELINQ LTV DSCR ISSUES ASSET STATUS
RESOLUTION TYPE
<S> <C> <C> <C> <C> <C> <C> <C>
436 1,130,642 0 66.5% 1.35 N/A PERFORMING PERFORM
TO MATURITY
437 1,098,303 0 52.3% 2.21 N/A PERFORMING PERFORM
TO MATURITY
438 1,103,699 0 65.7% 0.94 N/A PERFORMING PERFORM
TO MATURITY
439 1,099,057 0 64.6% 1.28 N/A PERFORMING PERFORM
TO MATURITY
440 1,096,084 0 125.3% 1.76 N/A PERFORMING PERFORM
TO MATURITY
441 1,091,786 0 67.8% 1.75 N/A PERFORMING PERFORM
TO MATURITY
442 958,948 0 22.8% 1.57 N/A PERFORMING PERFORM
TO MATURITY
443 1,061,829 0 62.8% 0.70 N/A PERFORMING PERFORM
TO MATURITY
444 1,070,948 0 16.2% 5.30 N/A PERFORMING PERFORM
TO MATURITY
445 0 0 0.0% N/A INACTIVE PERFORM TO
MATURITY
446 1,037,427 0 32.4% 3.25 N/A PERFORMING PERFORM
TO MATURITY
447 1,035,972 0 61.3% 1.13 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
448 1,040,579 0 74.3% 2.16 N/A PERFORMING PERFORM
TO MATURITY
449 1,041,430 0 36.8% 1.72 N/A PERFORMING PERFORM
TO MATURITY
450 1,032,659 0 64.5% 1.94 N/A PERFORMING PERFORM
TO MATURITY
451 1,014,959 0 71.0% 1.15 N/A PERFORMING PERFORM
TO MATURITY
452 1,016,955 0 55.7% 1.84 N/A PERFORMING PERFORM
TO MATURITY
453 1,023,767 0 55.3% 1.35 N/A PERFORMING PERFORM
TO MATURITY
454 1,021,049 0 66.7% 1.01 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
455 1,008,276 0 63.0% 2.20 N/A PERFORMING PERFORM
TO MATURITY
456 1,014,945 0 68.8% 1.71 N/A PERFORMING PERFORM
TO MATURITY
457 0 0 0.0% N/A INACTIVE PERFORM TO
MATURITY
458 1,000,373 0 68.3% 1.20 N/A PERFORMING PERFORM
TO MATURITY
459 997,773 0 58.7% 1.42 N/A PERFORMING PERFORM
TO MATURITY
460 991,491 0 66.1% 1.03 N/A PERFORMING PERFORM
TO MATURITY
461 983,142 0 57.8% 1.15 N/A PERFORMING PERFORM
TO MATURITY
462 975,847 0 44.4% 1.78 N/A PERFORMING PERFORM
TO MATURITY
463 975,435 0 36.7% 3.39 N/A PERFORMING PERFORM
TO MATURITY
464 957,405 0 42.6% 1.79 N/A PERFORMING PERFORM
TO MATURITY
465 974,429 0 30.4% 0.00 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
466 950,921 0 58.9% 1.72 N/A PERFORMING PERFORM
TO MATURITY
467 940,366 0 53.7% 1.29 N/A PERFORMING PERFORM
TO MATURITY
468 948,045 0 67.7% 1.29 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
469 950,002 0 74.3% 2.18 N/A PERFORMING PERFORM
TO MATURITY
470 934,622 0 93.0% 0.84 N/A MONITORING FOR RETURN TO
MAST PERFORM TO MATURITY
471 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
472 917,231 0 61.1% 1.61 N/A PERFORMING PERFORM
TO MATURITY
473 915,022 0 65.4% 1.02 N/A PERFORMING PERFORM
TO MATURITY
474 905,955 0 64.7% 1.04 N/A PERFORMING PERFORM
TO MATURITY
475 903,259 0 62.3% 1.87 N/A PERFORMING PERFORM
TO MATURITY
476 905,861 0 67.1% 0.33 N/A PERFORMING PERFORM
TO MATURITY
477 0 0 0.0% N/A INACTIVE PERFORM TO
MATURITY
478 880,133 0 56.8% 1.22 N/A PERFORMING PERFORM
TO MATURITY
479 889,183 0 55.6% 1.28 N/A PERFORMING PERFORM
TO MATURITY
480 895,613 0 68.9% 0.00 N/A PERFORMING PERFORM
TO MATURITY
481 876,750 0 62.6% 1.19 N/A PERFORMING PERFORM
TO MATURITY
482 847,000 0 8.7% 7.21 N/A PERFORMING PERFORM
TO MATURITY
483 865,599 0 61.3% 1.66 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
484 862,788 0 70.1% 1.22 N/A PERFORMING PERFORM
TO MATURITY
485 858,770 0 63.6% 1.61 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
486 838,840 0 55.9% 1.35 N/A PERFORMING PERFORM
TO MATURITY
487 755,846 0 16.4% 2.40 N/A PERFORMING PERFORM
TO MATURITY
488 833,566 0 70.2% 2.74 N/A PERFORMING PERFORM
TO MATURITY
489 823,101 0 65.8% 1.49 N/A PERFORMING PERFORM
TO MATURITY
490 812,109 0 58.8% 1.59 N/A PERFORMING PERFORM
TO MATURITY
491 817,829 0 68.2% 1.71 N/A PERFORMING PERFORM
TO MATURITY
492 708,631 0 22.5% 1.23 N/A PERFORMING PERFORM
TO MATURITY
493 0 0 0.0% N/A INACTIVE PERFORM TO
MATURITY
494 803,179 0 57.8% 1.24 N/A PERFORMING PERFORM
TO MATURITY
495 802,840 0 68.6% 1.03 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
496 782,311 0 63.6% 1.09 N/A PERFORMING PERFORM
TO MATURITY
497 775,129 0 53.5% 1.93 N/A PERFORMING PERFORM
TO MATURITY
498 771,262 0 64.3% 1.94 N/A PERFORMING PERFORM
TO MATURITY
499 714,006 0 23.4% 1.89 N/A PERFORMING PERFORM
TO MATURITY
500 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
501 725,841 106 96.8% 1.69 N/A COLLECTION IN PROCESS
DISCOUNTED PAYOFF
502 0 0 0.0% N/A INACTIVE PERFORM TO
MATURITY
503 712,129 0 32.4% 1.86 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
504 706,668 0 58.9% 0.00 N/A PERFORMING PERFORM
TO MATURITY
505 683,845 0 50.7% 1.19 N/A PERFORMING PERFORM
TO MATURITY
506 703,574 0 50.3% 1.64 N/A PERFORMING PERFORM
TO MATURITY
507 692,215 0 64.4% 2.35 N/A PERFORMING PERFORM
TO MATURITY
508 683,146 0 74.3% 1.26 N/A PERFORMING PERFORM
TO MATURITY
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT
ASSET PRINCIPAL DAYS ENVIRON
NO BALANCE DELINQ LTV DSCR ISSUES ASSET STATUS
RESOLUTION TYPE
<S> <C> <C> <C> <C> <C> <C> <C>
509 681,567 0 62.0% 0.85 N/A PERFORMING PERFORM
TO MATURITY
510 674,546 0 67.5% 1.31 N/A PERFORMING PERFORM
TO MATURITY
511 672,761 0 67.3% 0.81 N/A PERFORMING PERFORM
TO MATURITY
512 666,139 0 68.0% 1.62 N/A PERFORMING PERFORM
TO MATURITY
513 659,486 0 68.3% 1.30 N/A PERFORMING PERFORM
TO MATURITY
514 650,624 0 21.0% 3.40 N/A PERFORMING PERFORM
TO MATURITY
515 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
516 611,784 0 46.6% 1.15 N/A PERFORMING PERFORM
TO MATURITY
517 645,095 0 74.3% 1.43 N/A PERFORMING PERFORM
TO MATURITY
518 636,507 0 41.9% 1.91 N/A PERFORMING PERFORM
TO MATURITY
519 636,507 0 40.4% 1.91 N/A PERFORMING PERFORM
TO MATURITY
520 618,765 0 95.2% 2.17 N/A COLLECTION IN PROCESS
DISCOUNTED PAYOFF
521 605,027 0 45.8% 1.76 N/A PERFORMING PERFORM
TO MATURITY
522 625,763 0 56.9% 3.94 N/A PERFORMING PERFORM
TO MATURITY
523 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
524 610,696 0 47.9% 1.96 N/A PERFORMING PERFORM
TO MATURITY
525 607,855 0 63.0% 1.61 N/A PERFORMING PERFORM
TO MATURITY
526 584,814 0 68.8% 0.78 N/A PERFORMING PERFORM
TO MATURITY
527 601,027 0 70.6% 1.44 N/A PERFORMING PERFORM
TO MATURITY
528 593,165 0 62.4% 1.33 N/A PERFORMING PERFORM
TO MATURITY
529 596,605 0 70.2% 1.42 N/A PERFORMING PERFORM
TO MATURITY
530 0 0 0.0% 1.51 N/A INACTIVE PAYOFF PAST
MATURITY
531 516,608 0 21.5% 1.66 N/A PERFORMING PERFORM
TO MATURITY
532 562,916 0 56.3% 1.32 N/A PERFORMING PERFORM
TO MATURITY
533 562,023 0 55.6% 1.56 N/A PERFORMING PERFORM
TO MATURITY
534 528,411 0 33.7% 1.88 N/A PERFORMING PERFORM
TO MATURITY
535 560,643 0 36.2% 1.37 N/A PERFORMING PERFORM
TO MATURITY
536 567,649 0 68.1% 1.51 N/A PERFORMING PERFORM
TO MATURITY
537 550,174 0 54.5% 1.43 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
538 561,008 0 62.5% 1.34 N/A PERFORMING PERFORM
TO MATURITY
539 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
540 536,973 0 46.7% 1.62 N/A PERFORMING PERFORM
TO MATURITY
541 517,409 0 67.2% 1.48 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
542 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
543 487,124 0 58.0% 8.18 N/A PERFORMING PERFORM
TO MATURITY
544 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
545 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
546 423,508 0 35.4% 1.38 N/A PERFORMING PERFORM
TO MATURITY
547 389,290 0 13.3% 2.52 N/A PERFORMING PERFORM
TO MATURITY
548 446,424 0 85.0% 2.11 N/A PERFORMING PERFORM
TO MATURITY
549 432,788 0 56.9% 2.70 N/A PERFORMING PERFORM
TO MATURITY
550 365,616 0 49.7% 1.35 N/A PERFORMING PERFORM
TO MATURITY
551 368,388 0 74.3% 5.58 N/A PERFORMING PERFORM
TO MATURITY
552 0 0 0.0% 1.28 N/A INACTIVE PRE-PAID IN
FULL
553 351,200 0 70.2% 1.94 N/A MONITORING PERFORMANCE
PERFORM TO MATURITY
554 329,611 0 59.9% 2.63 N/A PERFORMING PERFORM
TO MATURITY
555 331,163 0 69.7% 1.30 N/A PERFORMING PERFORM
TO MATURITY
556 295,561 0 35.8% 1.58 N/A PERFORMING PERFORM
TO MATURITY
557 309,034 0 45.1% 1.27 N/A PERFORMING PERFORM
TO MATURITY
558 0 0 0.0% 1.75 N/A INACTIVE PRE-PAID IN
FULL
559 298,346 0 67.0% 3.15 N/A PERFORMING PERFORM
TO MATURITY
560 270,510 0 10.1% 9.92 N/A PERFORMING PERFORM
TO MATURITY
561 0 0 0.0% N/A INACTIVE PRE-PAID IN FULL
562 166,062 0 66.4% 2.87 N/A PERFORMING PERFORM
TO MATURITY
563 65,410 0 4.7% 1.49 N/A PERFORMING PERFORM
TO MATURITY
564 123,828 0 82.6% 1.78 N/A PERFORMING PERFORM
TO MATURITY
- -- ------------- -- ------ ----- --- ------------------------- ------------------------------
TOTAL 1,787,645,641
=============
</TABLE>
<PAGE>
MIDLAND LOAN SERVICES, L.P. - MASTER SERVICER
LOAN PORTFOLIO ANALYSIS SYSTEM - LOAN TERMS
PORTFOLIO: SASCO SERIES 1996 CFL
REPORTING PERIOD: OCTOBER, 1996
DATE PRINTED: 28-OCT-96
<TABLE>
<CAPTION>
CURRENT ORIG REMAIN LOAN INT
ASSET PRINCIPAL NOTE LOAN AMORT TERM IN INT RATE
NO BALANCE DATE DATE MONTHS RATE TYPE
PAYMENT
<S> <C> <C> <C> <C> <C> <C> <C>
001 33,352,703 10/5/90 10/10/2020 168 9.550% F 295,577
002 28,528,949 8/9/90 8/15/2025 46 10.070% F 253,349
003 27,169,484 1/8/91 2/5/2017 244 9.830% F 257,780
004 26,344,518 8/31/89 9/1/2024 59 8.350% A 203,227
005 24,655,469 6/13/90 11/15/2024 97 7.670% A 178,434
006 22,752,831 10/28/88 8/1/2002 70 8.250% F 0
007 21,824,607 1/21/88 9/5/2018 17 8.000% F 176,035
008 19,384,917 3/16/89 4/15/2009 150 7.640% A 202,720
009 18,868,886 3/26/91 4/15/2016 54 8.750% F 168,337
010 18,827,586 12/6/89 1/1/2024 39 7.750% A 138,465
011 18,737,440 5/5/89 6/5/2019 32 8.500% F 155,529
012 17,987,426 11/28/88 3/15/2025 86 8.750% A 143,180
013 17,829,217 8/29/88 9/15/2018 263 10.375% F 172,028
014 17,774,883 3/15/89 3/20/2019 29 8.700% F 150,234
015 16,738,234 11/16/88 12/18/2018 86 8.000% F 134,386
016 16,137,907 8/1/91 8/6/2021 -1 9.500% F 141,229
017 15,868,496 6/17/91 8/15/2023 46 8.500% F 123,026
018 15,730,274 5/23/94 8/15/99 34 8.000% A 0
019 15,080,040 6/2/92 6/10/2017 8 8.875% F 132,905
020 15,000,000 9/4/90 9/15/2000 47 8.500% F 0
021 14,763,163 7/11/88 10/15/2024 46 8.500% F 115,338
022 13,680,101 11/2/89 11/10/2009 157 9.375% F 151,534
023 12,672,002 10/23/90 11/5/2020 49 9.750% F 113,952
024 12,015,510 9/1/89 10/15/2017 96 9.125% A 107,270
025 0 10/26/87 11/1/2017 14 8.875% F 104,910
026 10,991,903 10/1/90 11/1/2020 169 9.800% A 99,226
027 10,617,320 5/11/87 6/1/2017 8 8.875% F 93,574
028 10,556,526 5/8/90 5/15/2020 43 9.375% F 92,724
029 0 5/24/91 6/10/96 -3 9.125% F 0
030 10,350,000 7/28/95 8/1/2005 106 8.500% F 0
031 10,201,472 10/17/90 11/15/2015 229 10.000% F 99,958
032 9,924,396 3/1/91 4/1/2001 54 8.500% F 76,892
033 9,899,959 11/3/89 12/1/2020 110 8.500% F 80,523
034 9,654,875 4/6/90 5/18/2015 42 9.250% F 90,777
035 9,597,099 5/3/90 6/15/2018 104 9.375% A 86,402
037 9,339,970 7/13/88 8/1/2018 22 8.500% F 78,512
038 0 8/6/90 9/1/2015 227 10.250% F 92,639
039 9,036,145 7/31/89 8/5/2019 34 9.250% F 79,330
040 9,021,366 1/29/88 3/1/2018 17 9.750% F 83,767
041 8,827,229 10/31/91 3/15/2023 2 9.375% F 75,357
042 8,758,120 7/2/90 7/15/2015 225 10.000% F 86,327
043 8,802,742 10/10/89 11/1/2019 37 9.375% F 77,781
044 8,702,617 5/15/89 3/1/2015 32 8.500% F 79,432
045 8,539,282 4/5/89 5/16/2019 31 8.625% F 71,667
046 8,488,545 1/31/89 2/1/2024 148 7.900% A 63,233
047 8,285,916 11/20/91 11/22/2011 2 9.375% F 85,469
048 8,293,118 7/27/89 8/5/2016 46 8.500% A 72,201
049 8,280,776 5/24/88 6/10/2018 80 8.875% A 71,817
050 8,241,118 5/16/90 6/1/2020 44 9.310% F 71,952
051 8,180,302 2/15/90 3/10/2015 41 9.375% F 77,853
052 7,875,381 4/10/91 8/15/2020 30 8.875% F 67,092
053 7,712,699 4/12/89 5/1/2014 211 10.500% F 80,256
054 7,686,490 10/24/86 8/20/2025 61 8.750% F 60,947
055 7,664,656 10/1/91 10/15/2021 60 9.750% A 68,303
056 7,633,330 8/27/90 9/5/2020 167 9.500% F 67,447
057 7,584,787 10/5/87 11/1/2017 14 8.750% F 65,772
058 7,574,691 6/26/90 7/16/2020 45 9.250% F 0
059 7,506,597 10/23/89 11/1/2019 157 9.000% A 64,432
060 7,247,309 6/14/90 6/15/2018 44 9.875% F 67,675
061 6,928,733 12/12/89 1/1/2010 159 9.750% F 77,779
062 6,979,809 12/5/89 1/1/2018 99 9.375% A 63,221
063 6,966,836 5/30/90 6/10/2020 44 10.125% F 64,739
064 6,750,000 10/14/93 8/1/2001 58 7.000% F 0
065 6,569,452 2/23/88 3/15/2018 77 9.750% A 61,000
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT ORIG REMAIN LOAN INT
ASSET PRINCIPAL NOTE LOAN AMORT TERM IN INT RATE
NO BALANCE DATE DATE MONTHS RATE TYPE
PAYMENT
<S> <C> <C> <C> <C> <C> <C> <C>
066 6,377,600 6/27/91 7/20/2016 237 10.000% F 61,792
067 6,297,394 11/13/91 12/1/2016 3 9.500% F 58,538
068 6,224,940 8/2/89 9/1/2019 275 9.750% F 56,705
069 6,221,552 4/1/94 6/1/2000 44 8.375% F 0
070 5,970,669 1/29/90 12/10/2011 100 8.250% F 57,602
071 6,043,144 1/29/91 9/1/2020 46 9.000% F 51,337
072 0 4/15/91 4/15/2021 -5 9.250% F 51,829
073 0 10/31/91 11/5/2023 2 9.625% F 0
074 5,852,068 8/19/88 4/1/2009 23 8.000% F 61,601
075 5,958,890 3/29/88 4/15/2018 18 9.000% F 52,301
076 5,942,254 12/7/89 1/15/2020 39 9.375% F 52,401
077 5,838,550 6/11/86 7/5/2014 -2 13.500% F 0
078 5,794,638 11/6/89 11/15/2019 37 9.125% F 50,224
079 5,737,119 5/5/89 5/15/2018 115 8.500% F 48,420
080 5,709,477 12/11/89 1/1/2015 39 9.500% F 54,977
081 0 10/5/87 11/1/2017 14 8.750% F 49,329
082 0 5/22/91 6/5/2021 -3 9.250% F 48,538
083 5,522,062 6/29/87 7/1/2012 69 9.000% A 54,754
084 5,477,839 1/1/96 1/1/2021 74 8.500% F 44,508
085 5,434,432 3/15/85 4/10/2015 222 9.375% A 51,632
086 5,256,434 9/26/94 10/1/2029 96 8.750% F 43,215
087 0 11/12/91 11/15/2021 2 9.500% F 46,247
088 5,139,376 2/11/93 3/10/2009 137 8.250% A 55,233
089 5,215,533 3/1/89 11/10/2025 70 8.750% F 41,302
090 5,195,968 11/17/89 12/1/2019 38 9.625% F 46,750
091 5,143,529 10/9/87 11/15/2017 14 9.000% F 45,438
093 5,175,000 11/3/92 12/1/2002 74 7.750% A 0
094 5,100,606 4/19/88 5/10/2018 19 9.750% F 47,254
095 5,091,160 3/2/88 4/1/2018 78 9.500% A 46,368
096 4,938,765 11/29/88 12/1/2008 146 10.625% F 60,408
097 4,967,345 1/7/92 1/10/2012 183 9.875% A 52,622
099 5,000,567 10/31/88 11/10/2018 25 8.875% F 43,100
100 5,006,873 8/9/89 8/15/2019 274 10.000% F 46,512
101 4,901,649 3/28/85 4/1/2015 162 9.000% A 45,407
102 4,916,533 2/26/90 3/1/2020 101 9.250% A 42,852
103 4,874,058 7/18/89 8/1/2019 34 8.750% F 41,164
104 4,826,860 9/11/89 12/15/2018 26 8.375% F 39,921
105 4,829,955 7/19/89 8/5/2019 94 10.250% A 45,702
106 4,771,808 1/5/89 2/1/2012 88 8.900% F 47,618
108 4,738,009 5/10/89 6/1/2017 92 9.000% A 40,894
109 4,742,841 5/1/89 6/1/2019 32 10.375% F 45,370
110 4,627,103 8/19/85 9/1/2005 35 9.950% F 54,261
111 4,720,792 1/1/90 2/10/2020 40 9.375% F 41,588
112 4,693,688 10/23/89 11/12/2019 37 9.125% F 40,682
113 4,686,365 9/8/89 6/20/2019 35 8.375% F 38,469
114 4,596,592 12/5/89 12/25/2009 158 9.750% F 51,600
115 4,611,440 4/10/91 8/15/2020 30 8.875% F 39,346
116 0 3/3/87 4/1/2017 6 9.000% F 41,036
117 4,566,539 10/25/89 11/1/2019 157 9.400% F 40,429
118 4,500,334 5/10/93 2/1/2018 256 9.000% F 39,549
119 4,495,378 4/22/91 5/5/2021 55 9.250% A 38,666
120 4,473,835 9/1/87 10/1/2017 11 9.000% F 39,575
121 4,309,989 6/3/91 6/10/2016 8 9.250% F 41,107
122 4,470,273 7/26/91 8/1/2016 178 10.000% F 43,255
123 4,441,407 6/10/88 7/1/2013 141 10.250% F 46,320
124 4,334,724 3/6/91 9/25/2021 53 8.750% F 36,997
125 4,427,908 1/1/96 1/1/2021 74 8.500% F 35,978
126 0 11/1/86 1/1/2014 4 9.500% F 42,919
127 4,363,900 11/30/88 12/15/2018 26 7.750% F 34,340
128 4,304,123 2/10/87 2/15/2017 40 9.250% F 37,367
129 4,178,113 8/27/90 9/15/2015 107 10.375% A 42,088
130 4,174,039 1/21/86 1/1/2018 27 8.500% F 35,423
131 4,160,842 6/23/88 7/15/2018 21 7.500% F 32,373
132 4,169,282 1/17/89 2/20/2019 29 7.625% F 32,387
133 4,142,573 3/18/93 6/1/2017 248 9.000% F 36,845
134 4,132,085 7/23/93 8/10/2018 262 9.000% F 36,085
135 4,133,695 6/28/90 7/1/2005 105 8.500% A 0
136 4,125,000 11/3/92 12/1/2002 74 7.750% A 0
137 4,081,762 1/17/89 2/1/2019 53 9.875% F 37,793
138 4,071,180 2/3/88 3/1/2018 17 9.750% F 37,803
139 4,058,844 10/1/87 11/1/2017 253 9.750% F 37,867
140 4,062,889 9/13/90 3/15/2021 102 10.050% A 37,234
141 4,040,615 10/27/87 11/1/2017 133 9.625% F 37,315
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT ORIG REMAIN LOAN INT
ASSET PRINCIPAL NOTE LOAN AMORT TERM IN INT RATE
NO BALANCE DATE DATE MONTHS RATE TYPE
PAYMENT
<S> <C> <C> <C> <C> <C> <C> <C>
142 3,964,451 11/20/91 12/15/2011 182 9.875% F 42,098
143 3,983,315 3/24/87 4/1/2017 6 8.875% F 35,208
144 0 4/16/91 4/20/2016 -5 9.375% F 36,331
145 3,917,991 3/1/91 4/15/2021 54 9.250% F 33,730
146 0 3/19/91 4/15/2016 -5 9.250% F 35,969
147 3,616,371 3/9/87 4/1/2002 66 10.000% F 71,462
148 3,861,728 8/22/89 9/15/2014 95 10.125% A 38,987
149 3,768,057 8/27/87 9/1/2007 11 9.250% F 45,794
150 3,858,145 11/8/89 12/10/2019 38 9.250% F 33,730
151 3,821,022 12/1/86 1/1/2017 16 8.625% F 33,309
152 3,768,572 3/1/89 3/20/2009 149 10.250% F 44,660
153 3,824,612 3/1/90 3/15/2020 102 8.500% A 31,379
154 3,818,315 2/9/87 11/1/2018 205 9.250% F 33,906
155 3,799,878 9/25/89 10/1/2014 36 9.750% F 37,385
156 3,759,479 3/30/87 4/1/2012 6 8.625% F 36,711
157 3,771,234 12/1/88 1/1/2019 87 8.000% A 30,237
158 3,751,289 9/17/92 10/1/2017 252 10.000% F 35,667
159 3,717,289 5/4/88 4/1/2026 19 8.000% A 27,389
160 3,538,519 2/20/91 3/15/2006 113 10.125% F 48,702
161 3,669,597 9/14/87 10/1/2017 132 10.500% F 36,133
162 3,639,680 1/11/90 2/15/2020 40 9.500% F 32,373
163 3,615,429 12/8/89 1/1/2020 159 9.500% F 32,189
164 3,592,127 12/31/91 1/1/2017 243 10.000% F 34,531
165 3,538,960 6/12/92 7/1/2012 9 8.875% F 34,825
166 3,558,032 6/13/88 6/15/2018 80 8.250% A 29,710
167 3,586,874 11/6/87 5/25/99 31 6.500% F 0
168 3,545,592 2/9/87 10/1/2018 205 9.250% F 31,484
169 3,358,616 6/19/90 7/15/2005 105 9.750% F 47,672
170 3,497,597 12/31/91 1/1/2017 243 10.000% F 33,622
171 3,465,374 2/1/86 3/1/2021 29 9.500% A 30,457
172 3,451,178 6/12/90 7/12/2020 45 9.750% F 31,145
173 3,439,597 4/9/92 4/15/2017 246 10.000% F 32,941
174 3,425,961 8/19/87 9/1/2017 11 9.250% F 30,907
175 3,402,026 10/24/89 11/1/2019 37 9.750% F 30,930
176 3,401,052 3/30/89 4/1/2019 150 10.375% F 32,595
177 3,352,329 5/17/88 6/1/2018 20 8.750% F 28,800
178 3,348,684 1/25/88 2/1/2018 17 10.000% F 31,693
179 3,342,976 3/15/88 4/10/2018 78 9.875% A 31,287
180 3,345,557 8/6/87 11/10/2024 59 8.250% A 0
181 3,250,040 1/1/89 3/10/2014 149 10.375% F 33,670
182 3,240,427 9/16/88 10/1/2018 24 8.625% F 27,433
183 3,159,238 4/21/86 5/15/2017 55 9.000% A 28,099
184 3,146,862 3/5/92 4/1/2017 246 10.250% F 30,663
185 3,150,311 6/20/88 7/1/2018 141 10.750% F 31,272
186 3,082,357 1/31/92 2/1/2017 244 10.250% F 30,107
187 3,050,632 5/12/87 6/1/2017 32 8.875% F 26,886
188 3,008,513 11/15/91 12/10/2011 182 10.250% F 32,640
189 3,017,515 8/13/90 9/10/2015 47 10.375% F 30,397
190 3,029,837 12/6/89 1/1/2020 39 9.750% F 27,493
191 3,010,665 3/6/89 3/8/2019 149 7.750% A 23,626
192 2,978,478 1/1/96 1/1/2021 74 8.500% F 24,201
193 2,940,062 5/11/88 12/1/2010 68 9.625% F 31,745
194 2,952,749 4/19/90 5/15/2020 283 10.000% A 27,205
195 2,917,936 2/1/90 2/20/2015 40 9.750% F 28,517
196 2,926,710 9/7/89 10/1/2019 96 9.750% A 26,634
197 2,897,993 1/1/86 2/1/2021 53 10.000% A 28,274
198 2,867,267 9/8/93 10/15/2013 204 9.250% F 27,934
199 2,890,553 10/1/89 11/1/2019 37 9.250% F 25,298
200 2,877,985 4/1/91 4/15/2021 6 9.625% F 25,500
201 2,822,347 6/18/86 7/1/2016 45 9.125% F 25,736
202 2,794,738 4/4/91 4/15/2016 18 9.600% F 26,420
203 2,731,880 2/15/83 8/1/2007 130 10.500% F 35,318
204 2,789,659 5/1/88 6/1/2018 140 9.875% F 26,051
205 2,766,682 4/6/88 5/1/2018 18 8.875% F 24,025
206 2,772,624 6/28/90 8/1/2020 46 9.750% F 24,999
207 2,762,115 9/28/87 10/15/2017 72 9.250% A 24,791
208 2,735,834 3/20/90 4/1/2015 42 9.500% F 26,211
209 2,730,709 10/5/89 10/10/2019 216 9.500% F 24,385
210 2,709,974 7/19/88 8/15/2015 -2 8.875% F 24,718
211 0 6/27/91 7/1/2021 -2 9.500% F 23,671
212 2,716,025 2/15/94 1/15/2007 123 7.500% A 0
213 2,699,456 2/10/88 2/15/99 29 6.250% F 0
214 2,669,032 11/1/86 12/1/2016 62 9.625% A 25,030
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT ORIG REMAIN LOAN INT
ASSET PRINCIPAL NOTE LOAN AMORT TERM IN INT RATE
NO BALANCE DATE DATE MONTHS RATE TYPE
PAYMENT
<S> <C> <C> <C> <C> <C> <C> <C>
215 2,659,157 5/2/88 9/3/2025 43 8.500% F 20,761
216 2,654,809 5/9/88 5/15/2018 44 8.000% A 21,556
217 2,658,213 6/1/92 6/20/2017 248 9.750% F 24,952
218 2,651,539 12/18/85 1/1/2016 27 9.500% F 25,043
219 2,647,784 11/1/89 1/1/2020 159 9.625% F 23,800
220 2,610,682 5/1/87 6/10/2012 8 9.125% F 26,147
221 2,648,490 8/9/90 8/15/2026 46 8.800% F 20,943
222 2,555,607 6/29/87 7/1/2007 129 9.500% F 31,693
223 2,582,364 9/24/87 10/15/2012 72 9.500% A 26,211
224 2,600,835 12/20/88 2/15/2019 29 8.000% F 20,853
225 2,594,274 2/9/87 3/1/2017 5 9.000% F 23,174
226 2,592,233 2/21/89 3/1/2019 77 10.250% F 24,643
227 2,562,829 10/3/88 11/1/2013 25 8.500% F 23,739
228 2,529,455 1/11/90 1/15/2010 159 9.625% F 28,210
229 2,540,129 2/1/88 3/1/2018 77 9.875% A 26,098
230 2,541,523 3/16/88 4/10/2018 78 9.250% A 22,726
231 2,536,952 4/29/85 5/1/2015 43 9.750% F 24,673
232 2,506,077 4/29/87 5/15/2021 67 8.625% A 24,411
233 2,533,440 9/27/89 10/15/2019 156 8.875% A 21,558
234 2,455,108 9/1/88 11/10/2008 145 10.500% F 29,952
235 2,478,440 3/2/89 3/15/2014 149 7.900% F 21,865
236 2,466,496 8/13/87 9/1/2013 33 9.250% F 24,079
237 2,469,082 3/1/89 4/1/2019 30 7.125% F 18,377
238 2,466,982 1/1/96 1/1/2021 74 8.500% F 20,045
239 2,445,288 5/1/87 6/10/2017 8 9.500% F 22,550
240 2,409,177 7/25/91 8/20/2011 58 9.875% F 25,833
241 2,410,766 12/23/86 2/1/2012 5 9.000% F 24,201
242 0 11/25/86 12/1/2016 3 9.500% F 22,451
243 2,412,829 7/1/88 8/1/2018 22 8.625% F 20,479
244 2,390,836 11/10/86 12/5/2011 182 10.250% F 25,939
245 2,399,422 3/1/88 5/1/2018 19 9.250% F 21,429
246 2,367,763 10/5/90 10/10/2010 168 10.500% F 26,957
247 2,396,667 8/27/90 9/15/2020 107 10.375% A 22,636
248 2,366,149 8/24/87 9/5/2017 11 9.250% F 21,347
249 2,336,994 11/4/86 11/10/2011 61 10.500% F 25,777
250 2,339,560 10/11/88 11/1/2013 25 8.600% F 21,814
251 2,346,221 12/1/85 1/1/2016 39 9.125% F 21,594
252 2,318,216 10/20/88 11/10/2018 85 8.250% A 19,036
253 2,343,750 9/9/94 9/15/2024 59 7.750% A 0
254 2,317,426 10/23/86 11/1/2016 169 9.875% F 22,143
255 2,308,058 5/9/85 8/10/2015 44 10.250% F 23,060
256 2,298,002 8/27/90 9/15/2015 107 10.375% A 23,148
257 2,304,066 9/5/85 4/10/2020 44 9.000% F 19,673
258 2,305,923 10/1/85 7/12/2025 25 8.625% F 18,104
259 2,300,455 2/1/91 4/10/2021 54 9.625% F 20,400
260 2,286,227 4/22/88 5/15/2018 139 10.250% F 21,955
261 2,265,980 10/1/89 12/1/2014 98 8.250% A 20,090
262 2,262,137 4/23/90 5/15/2020 43 10.000% F 20,843
263 2,252,196 10/16/89 11/1/2019 37 9.250% F 19,479
264 2,231,365 6/13/91 7/15/2021 57 9.750% F 19,933
265 2,230,899 5/1/88 11/1/2025 61 8.500% F 17,273
266 2,197,055 3/29/88 4/10/2013 78 9.375% F 21,844
267 2,218,928 4/22/91 5/5/2021 55 9.250% A 19,087
268 0 7/15/91 8/15/2001 58 9.500% A 19,340
269 2,175,765 1/1/87 3/1/2017 5 9.500% F 20,143
270 2,176,335 3/1/86 4/1/2016 30 9.000% F 18,932
271 2,165,212 9/1/85 10/10/2015 48 9.000% F 19,853
272 2,174,966 12/11/89 1/1/2020 39 9.625% F 19,550
273 2,141,460 2/8/90 3/1/2015 41 9.250% F 20,211
274 2,126,087 10/1/86 11/1/2014 61 9.875% A 21,053
275 0 9/1/86 12/1/2011 3 9.875% F 22,446
276 2,110,982 4/1/87 5/20/2012 67 9.250% A 21,302
277 2,105,400 5/1/87 6/10/2012 8 9.125% F 21,086
278 2,084,645 8/1/88 9/18/2008 143 10.625% F 25,674
279 2,075,657 2/1/89 4/10/2009 150 10.375% F 24,750
280 2,076,278 10/9/91 11/15/2011 181 10.250% F 22,578
281 2,100,763 3/27/86 5/1/2011 30 9.500% A 18,447
282 2,100,000 6/29/90 8/15/97 10 9.780% F 0
283 2,082,399 12/19/89 2/1/2020 160 9.625% F 18,700
284 2,087,115 1/17/84 2/1/2023 29 7.500% F 0
285 2,050,338 6/16/88 7/1/2018 20 8.375% F 17,093
286 2,045,837 4/27/88 5/1/2018 19 8.875% F 17,789
287 1,998,825 7/19/88 8/10/2008 142 10.000% F 24,126
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT ORIG REMAIN LOAN INT
ASSET PRINCIPAL NOTE LOAN AMORT TERM IN INT RATE
NO BALANCE DATE DATE MONTHS RATE TYPE
PAYMENT
<S> <C> <C> <C> <C> <C> <C> <C>
288 2,034,463 3/12/86 4/1/2016 30 8.500% F 17,830
289 2,040,209 1/1/96 1/1/2021 74 8.500% F 16,577
290 2,033,798 5/12/87 6/1/2017 32 8.875% F 17,925
291 1,997,341 6/1/87 6/1/2017 8 9.125% F 17,928
292 1,979,995 9/1/88 11/1/2013 84 7.500% A 17,160
293 1,995,464 1/21/87 2/1/2017 64 9.500% A 18,499
294 1,956,864 1/5/89 1/15/2009 135 10.500% F 23,712
295 1,959,296 9/21/90 10/1/2010 168 10.000% A 21,713
296 2,000,000 9/17/86 5/25/99 31 6.500% F 0
297 1,969,668 7/15/86 6/1/2016 34 9.000% F 17,858
298 1,965,378 3/31/87 4/20/2017 6 9.125% F 17,689
299 1,964,837 6/9/86 7/1/2016 57 9.750% A 18,714
300 1,947,096 1/1/89 2/1/2014 29 8.500% F 17,920
301 1,952,517 11/9/88 12/5/2018 26 8.625% F 16,488
302 1,964,106 11/10/94 11/10/2024 98 9.500% A 16,712
303 1,954,991 10/18/88 11/1/2018 85 9.125% A 17,174
304 1,929,772 2/7/89 3/10/2019 29 9.000% F 16,713
305 1,879,065 6/29/87 7/1/2007 129 9.500% F 23,304
306 1,918,739 1/1/96 1/1/2021 74 8.500% F 15,590
307 0 8/28/86 9/10/2016 0 9.750% F 18,096
308 1,893,453 5/1/89 6/1/2019 32 10.375% F 20,599
309 1,901,381 10/2/89 11/1/2019 37 10.375% F 18,109
310 1,842,923 3/24/92 4/15/2007 126 10.125% F 23,810
311 1,884,441 3/31/89 4/1/2019 30 7.875% F 14,938
312 1,882,196 11/1/88 12/1/2018 146 10.375% F 18,109
313 1,877,591 4/1/91 5/1/2021 295 10.125% F 17,294
314 1,866,607 1/1/96 1/1/2021 74 8.500% F 15,166
315 1,856,834 11/18/86 12/1/2016 3 9.750% F 17,566
316 1,850,906 1/29/87 2/1/2017 64 9.250% A 16,832
317 1,849,708 8/15/88 9/1/2018 23 8.875% F 15,982
318 1,832,984 7/28/92 8/1/2012 190 9.750% F 18,971
319 1,841,315 9/25/89 10/1/2024 36 7.125% F 12,666
320 1,826,611 10/22/87 11/1/2017 14 8.875% F 15,989
321 1,813,112 11/26/86 12/15/2016 62 9.750% A 17,153
322 0 4/1/86 5/1/2016 -4 9.875% F 17,463
323 1,782,166 5/27/88 7/1/2009 80 9.000% F 19,690
324 1,802,086 11/2/89 11/10/2014 37 9.250% F 17,128
325 0 6/27/86 7/1/2016 -2 9.875% F 17,290
326 1,794,432 8/8/89 9/1/2004 35 9.250% F 15,754
327 1,787,239 11/19/92 12/1/2017 74 8.750% A 15,477
328 1,784,249 6/1/89 7/5/2019 33 8.500% F 14,793
329 0 1/1/96 1/1/2021 74 8.500% F 14,501
330 1,781,015 10/7/87 11/1/2017 14 8.875% F 15,589
331 1,769,496 12/14/88 1/1/2019 27 8.125% F 14,349
332 1,730,088 6/13/91 7/15/2011 57 9.625% A 18,337
333 1,743,706 5/12/88 6/1/2018 20 8.500% F 14,698
334 1,746,263 3/1/94 3/1/2020 89 8.500% F 14,344
335 1,699,537 2/17/87 3/1/2012 5 9.125% F 17,146
336 1,711,217 8/8/88 8/15/2018 22 8.750% F 14,664
337 1,667,508 6/15/92 7/1/2007 69 8.750% A 19,989
338 0 3/31/86 4/1/2016 -5 9.500% F 16,042
339 1,684,938 2/1/91 3/15/2011 173 10.375% F 18,810
340 1,683,409 9/1/86 10/1/2011 60 10.000% A 18,091
341 1,676,816 12/18/86 2/1/2012 5 9.250% F 17,128
342 1,669,428 11/15/89 12/15/2009 158 11.000% F 20,046
343 1,693,322 11/8/89 12/1/2019 158 9.375% A 14,947
344 1,643,819 12/1/91 1/1/2007 63 9.750% A 21,188
345 0 6/30/86 8/1/2016 -1 9.500% F 15,727
346 1,656,717 3/9/89 4/1/2009 150 10.250% F 19,633
347 1,678,735 1/1/96 1/1/2021 74 8.500% F 13,640
348 1,678,966 5/1/88 6/1/2018 140 10.125% F 15,963
349 1,629,532 6/29/87 8/5/2017 70 9.000% A 14,455
350 1,625,460 2/8/89 2/15/2019 29 8.000% F 13,033
351 1,630,269 2/27/90 3/5/2020 161 9.375% A 14,348
352 1,630,674 3/23/89 4/15/2019 150 10.500% F 15,771
353 1,616,639 5/1/85 6/1/2015 44 9.500% F 15,440
354 1,613,962 6/16/88 7/1/2018 141 8.500% A 13,586
355 1,607,651 1/1/96 1/1/2021 74 8.500% F 13,062
356 1,584,935 1/1/96 1/1/2021 74 8.500% F 12,878
357 1,562,041 4/20/89 5/1/2014 31 8.500% F 14,317
358 1,569,051 8/27/90 9/15/2015 107 10.375% A 15,807
359 1,560,288 3/12/86 4/1/2016 54 9.750% F 14,946
360 1,562,563 3/1/88 4/10/2018 6 9.500% F 14,231
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT ORIG REMAIN LOAN INT
ASSET PRINCIPAL NOTE LOAN AMORT TERM IN INT RATE
NO BALANCE DATE DATE MONTHS RATE TYPE
PAYMENT
<S> <C> <C> <C> <C> <C> <C> <C>
361 1,538,492 6/1/87 7/1/2017 69 9.250% A 13,917
362 1,527,689 1/1/96 1/1/2021 74 8.500% F 12,413
363 1,515,487 3/19/90 4/1/2020 102 9.500% A 13,454
364 1,515,866 8/12/86 9/1/2025 38 9.875% F 13,245
365 1,499,483 4/1/87 5/15/2017 55 7.875% F 12,282
366 1,481,956 6/1/93 10/5/2012 192 9.500% F 15,009
367 0 3/17/86 4/1/2006 54 9.625% F 19,431
368 1,486,980 1/4/89 2/15/2019 29 8.250% F 12,163
369 1,487,653 11/18/86 7/1/2020 62 9.500% A 13,736
370 1,486,568 11/1/88 12/1/2019 26 8.500% F 12,432
371 1,483,117 1/1/96 1/1/2021 74 8.500% F 12,051
372 1,481,753 7/5/90 8/1/2020 46 10.125% F 13,746
373 1,475,093 4/1/89 5/15/2019 31 10.375% F 14,125
374 1,451,512 11/4/86 12/1/2011 86 10.250% F 15,749
375 1,452,387 7/12/89 8/1/2014 34 8.750% F 13,427
376 1,446,604 7/15/86 7/15/2016 -2 9.500% F 13,543
377 1,447,129 3/16/89 4/1/2019 30 8.000% F 11,572
378 1,446,538 1/1/96 1/1/2021 74 8.500% F 11,753
379 1,427,250 7/2/86 7/1/2011 70 9.250% F 14,766
380 1,444,262 3/16/89 4/1/2019 150 10.625% F 14,093
381 1,418,262 1/1/96 1/1/2021 74 8.500% F 11,524
382 1,398,302 7/31/85 9/1/2015 47 10.250% F 13,971
383 1,366,140 10/29/87 11/10/2007 133 10.375% F 17,325
384 1,384,123 3/16/87 9/15/2013 30 8.875% F 13,193
385 1,369,201 7/28/87 8/15/2012 70 9.250% A 13,751
386 1,367,533 11/6/86 12/10/2016 38 10.000% F 13,164
387 1,358,016 4/2/90 4/16/2015 42 10.500% F 14,163
388 1,362,849 1/15/86 2/1/2016 53 10.125% F 13,408
389 1,352,709 2/5/87 3/1/2017 5 9.125% F 12,193
390 1,338,405 7/25/91 8/20/2011 58 9.875% F 14,352
391 0 4/30/86 5/1/2016 -4 9.750% F 12,888
392 1,348,352 4/27/88 5/1/2018 18 8.875% F 11,725
393 1,333,355 6/30/86 7/15/2016 33 7.500% A 10,801
394 1,340,372 6/1/89 7/1/2019 93 8.750% A 11,334
395 0 4/1/86 4/1/2016 -4 9.875% F 12,879
396 1,311,122 5/1/88 7/1/2013 141 9.250% A 12,880
397 1,312,528 12/12/88 5/25/99 31 6.500% F 0
398 1,298,226 4/15/88 5/1/2018 19 9.750% F 12,029
399 0 3/1/88 4/10/2018 78 9.500% A 11,772
400 1,266,158 12/14/89 12/20/2009 158 9.875% A 14,352
401 0 4/1/87 5/20/2012 67 9.250% A 12,846
402 1,272,300 10/23/86 11/1/2016 121 9.875% F 12,157
403 1,269,078 4/1/87 6/1/2017 8 9.125% F 11,391
404 1,266,199 3/31/88 5/1/2018 19 8.750% F 10,893
405 1,255,315 4/12/85 5/15/2015 42 9.625% F 12,129
407 1,240,893 7/11/84 8/1/99 34 8.875% F 11,568
409 1,212,542 5/24/89 10/15/2013 32 9.000% F 11,626
410 1,224,554 12/12/89 1/1/2020 39 9.250% F 10,695
411 1,170,563 9/10/75 9/15/2005 107 8.875% F 15,917
412 1,211,721 5/16/85 6/1/2015 104 9.875% A 11,865
413 1,210,990 10/10/88 11/10/2018 25 8.750% F 10,339
414 1,204,703 4/25/85 5/1/2015 43 9.125% F 11,236
415 1,208,286 10/17/88 11/1/2018 25 8.500% F 10,118
416 1,210,961 11/16/88 8/5/2025 70 8.750% F 9,608
417 1,203,952 1/21/88 2/1/2018 17 9.125% F 10,693
418 1,192,555 10/23/86 12/1/2011 85 10.250% F 12,970
419 1,206,796 2/1/88 6/1/2015 77 9.000% F 9,801
420 1,197,208 10/14/87 11/1/2017 14 9.750% F 11,169
421 1,169,193 9/21/89 10/15/2009 156 9.625% F 13,165
422 1,184,160 1/1/96 1/1/2021 74 8.500% F 9,621
423 1,152,018 1/1/87 2/1/2007 5 9.375% F 14,541
424 1,181,212 11/20/87 6/15/2017 14 10.000% F 11,285
425 0 8/17/89 9/1/2019 0 10.250% F 11,202
426 1,183,181 1/31/90 2/10/2020 40 9.625% F 10,625
427 1,163,151 6/1/89 7/1/2014 39 9.875% F 11,597
428 1,162,369 4/27/88 5/1/2018 19 8.875% F 10,108
429 1,150,109 5/25/88 6/1/2015 20 10.000% F 11,356
430 1,102,086 12/12/72 6/1/2005 104 8.750% F 15,156
431 1,142,715 7/2/87 8/1/2017 129 9.500% F 10,511
432 1,127,669 8/13/90 9/1/2010 167 9.930% A 12,486
433 1,130,208 10/26/89 11/10/2014 37 9.500% F 10,922
434 1,133,084 11/21/85 9/1/2016 56 9.000% F 10,210
435 1,133,078 1/1/96 1/1/2021 74 8.500% F 9,206
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT ORIG REMAIN LOAN INT
ASSET PRINCIPAL NOTE LOAN AMORT TERM IN INT RATE
NO BALANCE DATE DATE MONTHS RATE TYPE
PAYMENT
<S> <C> <C> <C> <C> <C> <C> <C>
436 1,130,642 3/1/86 4/15/2021 30 9.500% F 9,929
437 1,098,303 12/16/86 2/1/2012 64 9.500% A 11,359
438 1,103,699 7/31/89 8/10/2019 34 10.750% F 10,829
439 1,099,057 10/21/87 11/1/2017 73 9.500% A 10,086
440 1,096,084 4/13/89 5/1/2019 31 7.750% F 8,578
441 1,091,786 2/3/86 3/1/2015 53 9.625% F 10,566
442 958,948 6/13/85 7/1/2000 45 12.500% F 26,808
443 1,061,829 12/15/86 1/1/2012 75 9.875% F 11,249
444 1,070,948 8/1/89 9/1/2019 95 8.500% A 8,858
445 0 6/19/91 7/1/2011 -2 9.500% F 10,906
446 1,037,427 4/13/88 5/1/2013 19 7.875% F 9,354
447 1,035,972 10/30/86 11/1/2011 2 9.750% F 10,948
448 1,040,579 1/1/96 1/1/2021 74 8.500% F 8,455
449 1,041,430 5/1/89 5/1/2019 32 10.500% F 10,063
450 1,032,659 8/12/94 9/1/2024 95 8.500% F 8,074
451 1,014,959 1/21/80 2/1/2010 160 10.375% F 11,776
452 1,016,955 6/8/87 7/1/2012 9 9.375% F 10,316
453 1,023,767 9/27/88 11/1/2018 85 8.875% A 8,824
454 1,021,049 11/26/86 12/10/2016 3 9.875% F 9,743
455 1,008,276 4/23/84 5/10/2014 31 8.500% F 9,222
456 1,014,945 5/2/88 5/10/2018 19 9.375% F 9,150
457 0 7/1/86 8/1/2011 -1 9.875% F 10,748
458 1,000,373 5/24/90 5/10/2021 44 8.875% A 8,349
459 997,773 4/2/85 5/1/2020 103 9.750% A 9,022
460 991,491 4/27/87 5/1/2017 7 8.875% F 8,753
461 983,142 6/15/87 7/1/2012 69 9.500% F 10,048
462 975,847 7/1/88 8/15/2013 82 8.500% A 9,099
463 975,435 2/24/89 3/1/2014 29 8.000% F 8,664
464 957,405 11/25/86 1/1/2007 123 10.125% F 12,540
465 974,429 11/24/86 12/20/2017 2 9.500% F 9,460
466 950,921 6/1/89 7/1/2014 33 9.250% F 9,104
467 940,366 4/23/90 5/1/2010 43 9.750% F 10,459
468 948,045 8/28/86 9/1/2016 0 9.750% F 9,006
469 950,002 1/1/96 1/1/2021 74 8.500% F 7,719
470 934,622 5/1/87 7/1/2012 9 9.500% F 9,551
471 0 6/27/86 8/1/2016 -1 9.875% F 8,921
472 917,231 10/31/88 11/1/2016 25 8.875% F 8,167
473 915,022 5/11/88 6/1/2018 43 7.875% A 7,347
474 905,955 5/1/89 7/1/2019 33 9.000% F 7,811
475 903,259 4/9/87 4/15/2017 66 9.000% A 8,047
476 905,861 4/10/85 5/1/2020 103 10.125% A 8,425
477 0 4/1/86 4/10/2016 -5 9.500% F 8,465
478 880,133 8/1/87 9/1/2007 131 10.250% F 11,191
479 889,183 5/29/85 6/1/2001 8 10.000% F 9,651
480 895,613 8/5/87 9/1/2017 11 9.500% F 8,228
481 876,750 4/23/84 5/10/2014 31 8.500% F 8,020
482 847,000 12/16/85 2/1/2005 17 8.500% F 11,850
483 865,599 2/2/88 3/1/2013 197 10.375% F 9,166
484 862,788 6/1/92 6/5/2017 33 8.500% F 7,385
485 858,770 5/1/86 6/1/2016 -3 9.625% F 8,121
486 838,840 10/4/89 10/15/2009 156 9.875% F 9,568
487 755,846 12/1/86 1/1/2001 51 9.750% F 18,162
488 833,566 8/3/92 9/1/2017 70 9.000% A 7,384
489 823,101 7/8/86 8/15/2016 58 10.000% A 7,965
490 812,109 10/1/85 11/1/2010 169 10.250% F 9,099
491 817,829 6/15/88 7/15/2018 81 8.375% A 6,826
492 708,631 6/1/90 8/10/2000 46 10.250% F 18,696
493 0 3/1/86 4/1/2011 -5 9.625% F 8,514
494 803,179 6/30/81 7/1/2011 177 14.750% F 11,205
495 802,840 7/11/88 12/15/2016 3 9.750% F 7,595
496 782,311 8/23/78 9/1/2013 143 9.625% F 7,820
497 775,129 3/21/94 4/1/2019 54 8.750% F 6,578
498 771,262 11/10/86 12/1/2016 62 9.750% A 7,297
499 714,006 10/19/92 11/1/2002 73 9.375% F 12,872
500 0 11/12/86 12/1/2017 3 9.750% F 6,874
501 725,841 9/10/86 10/1/2011 1 10.250% F 7,839
502 0 6/4/86 7/1/2016 -2 10.000% F 7,021
503 712,129 3/1/86 4/1/2016 6 9.750% F 6,853
504 706,668 8/1/88 9/1/2013 23 9.250% F 6,900
505 683,845 7/5/90 8/1/2005 106 10.375% F 9,879
506 703,574 3/20/88 2/20/2018 17 10.000% F 6,653
507 692,215 4/29/94 5/15/2019 91 8.000% F 5,529
508 683,146 1/1/96 1/1/2021 74 8.500% F 5,551
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
CURRENT ORIG REMAIN LOAN INT
ASSET PRINCIPAL NOTE LOAN AMORT TERM IN INT RATE
NO BALANCE DATE DATE MONTHS RATE TYPE
PAYMENT
<S> <C> <C> <C> <C> <C> <C> <C>
509 681,567 5/23/85 6/15/2020 20 9.500% F 6,039
510 674,546 5/1/89 6/1/2019 32 7.875% F 5,326
511 672,761 5/21/85 6/1/2015 44 9.250% F 6,318
512 666,139 5/14/87 6/9/2017 8 9.125% F 5,981
513 659,486 5/25/89 6/10/2019 32 8.875% F 5,638
514 650,624 8/13/90 9/1/2010 167 9.930% A 7,203
515 0 1/18/94 2/1/2019 53 8.750% F 5,550
516 611,784 11/15/78 12/1/2003 86 7.750% F 9,295
517 645,095 1/1/96 1/1/2021 74 8.500% F 5,242
518 636,507 4/1/87 5/20/2002 67 9.250% A 6,423
519 636,507 4/1/87 5/20/2012 67 9.250% A 6,423
520 618,765 5/1/89 6/1/2009 32 8.125% F 6,532
521 605,027 5/20/87 7/20/2007 7 9.500% F 7,503
522 625,763 7/29/87 5/25/99 31 6.500% F 0
523 0 3/13/92 4/1/2017 6 8.250% F 5,204
524 610,696 12/5/86 2/15/2021 27 9.500% F 5,377
525 607,855 10/19/92 11/1/2017 73 9.500% F 5,570
526 584,814 6/1/92 6/15/2007 68 9.250% F 7,205
527 601,027 8/20/85 8/1/2025 30 8.500% F 4,663
528 593,165 6/1/87 7/1/2012 69 9.125% A 5,927
529 596,605 11/8/93 12/1/2018 50 8.750% F 5,088
530 0 9/3/86 6/25/2016 0 10.125% F 5,762
531 516,608 8/24/90 9/6/2000 47 10.375% F 13,424
532 562,916 11/3/88 11/15/2008 26 8.625% F 6,264
533 562,023 6/16/87 7/1/2007 129 9.750% F 7,048
534 528,411 10/9/74 10/15/2002 72 9.000% F 9,596
535 560,643 6/28/79 7/1/2009 153 9.625% F 6,375
536 567,649 4/1/87 6/1/2017 68 9.250% A 5,142
537 550,174 1/26/87 2/1/2007 5 9.625% F 7,020
538 561,008 4/25/85 5/1/2015 43 9.875% F 5,502
539 0 3/28/74 4/1/2002 66 8.750% F 9,990
540 536,973 7/29/94 8/15/2014 94 8.500% F 4,882
541 517,409 12/1/86 1/1/2017 4 9.750% F 4,889
542 0 9/29/88 10/1/2013 204 10.500% F 5,430
543 487,124 5/29/92 6/1/2007 9 9.000% F 5,933
544 0 10/25/79 11/1/2009 157 9.875% F 5,384
545 0 1/1/96 1/1/2021 74 8.500% F 3,898
546 423,508 9/15/87 10/10/2002 72 10.250% F 7,903
547 389,290 5/15/90 6/15/2000 44 9.750% F 10,559
548 446,424 3/11/93 3/15/2028 77 8.500% A 3,537
549 432,788 3/30/93 4/10/2018 78 9.250% F 3,870
550 365,616 8/21/86 9/1/2006 119 10.250% F 4,909
551 368,388 1/1/96 1/1/2021 74 8.500% F 2,993
552 0 12/11/86 12/15/2001 62 10.000% F 6,783
553 351,200 4/5/92 4/5/2017 6 8.500% F 3,020
554 329,611 1/4/89 2/1/2009 148 7.750% A 3,466
555 331,163 5/21/81 2/1/2011 172 8.500% F 0
556 295,561 1/28/87 3/1/2002 65 10.000% F 5,911
557 309,034 8/28/84 9/10/2014 95 9.875% A 3,547
558 0 1/1/96 1/1/2021 74 8.500% F 2,519
559 298,346 1/4/94 2/1/2026 88 8.000% A 2,202
560 270,510 2/17/85 3/1/2015 41 10.125% F 2,711
561 0 4/1/92 4/5/2017 6 8.500% F 2,114
562 166,062 11/15/93 12/1/2018 50 8.500% F 1,390
563 65,410 5/20/87 6/1/97 8 9.750% F 8,501
564 123,828 7/1/94 7/15/2019 93 8.500% F 1,027
- -- ------------- -------- ---------- --- ------ -- -------
TOTAL 1,787,645,641
=============
</TABLE>
<PAGE>
MIDLAND LOAN SERVICES, L.P. - MASTER SERVICER
LOAN PORTFOLIO ANALYSIS SYSTEM - PROPERTY DESCRIPTION
PORTFOLIO: SASCO SERIES 1996 CFL
REPORTING PERIOD: OCTOBER, 1996
DATE PRINTED: 28-OCT-96
<TABLE>
<CAPTION>
ASSET PROP YEAR PROPERTY
VALUATION VALUATION
NO NO PROPERTY TYPE CITY STATE ZIP BUILT UNITS NET SF
VALUE DATE SOURCE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
<C>
001 1 OFFICE ST PAUL MN 55101 1915 N/A 617,798 56,000,000
07/20/90 MAI APPRAISAL
002 1 OFFICE WASHINGTON DC 20002 1990 N/A 258,989
39,000,000 06/23/93 MAI APPRAISAL
003 1 WAREHOUSE OCALA FL 34474 1990 N/A 1,550,000
35,500,000 03/31/93 MAI APPRAISAL
004 1 OFFICE WASHINGTON DC 20015 1989 N/A 158,718
27,100,000 08/08/96 APPRAISAL (NON-
005 1 MULTI-FAMILY DULUTH GA 30136 1992 532 718,426
35,325,000 02/16/90 MAI APPRAISAL
006 1 OFFICE WILMINGTON DE 19808 1988 N/A 190,895
23,300,000 07/23/93 MAI APPRAISAL
007 1 MULTI-FAMILY OAKTON VA 22030 1987 313 312,292
30,850,000 11/11/87 MAI APPRAISAL
008 1 MULTI-FAMILY NORTH BRUNSWICK NJ 08902 1979 644 564,300
29,370,000 10/12/93 MAI APPRAISAL
009 1 MULTI-FAMILY SAN LEANDRA CA 94577 1988 236 189,356
16,007,680 02/22/91 MAI APPRAISAL
009 2 MULTI-FAMILY HAYWOOD CA 93230 1986 208 180,750
13,592,320 02/22/91 MAI APPRAISAL
010 1 MIXED USE TREVOSE PA 19047 1985 N/A 53,412
37,600,000 10/20/89 MAI APPRAISAL
010 2 MIXED USE TREVOSE PA 19047 1985 N/A 112,381 N/A
N/A N/A
010 3 MIXED USE TREVOSE PA 19047 1987 N/A 61,508 N/A
N/A N/A
010 4 MIXED USE TREVOSE PA 19047 1977 N/A 46,147 N/A
N/A N/A
011 1 MIXED USE CHICAGO IL 60610 1969 N/A 340,145
29,000,000 02/08/89 MAI APPRAISAL
012 1 RETAIL BONITA SPRINGS FL 33923 1989 N/A 274,227
24,270,000 10/07/88 MAI APPRAISAL
013 1 OFFICE SARASOTA FL 34236 1986 N/A 223,455
27,500,000 07/14/88 MAI APPRAISAL
014 1 RETAIL EDISON NJ 08820 1986 N/A 178,615 24,680,000
10/28/93 MAI APPRAISAL
015 1 MULTI-FAMILY BRIDGEWATER NJ 08807 1988 380 376,680
23,790,000 07/27/93 MAI APPRAISAL
016 1 RETAIL BEDMINSTER NJ 07921 1989 N/A 111,299
24,600,000 05/06/91 MAI APPRAISAL
017 1 MULTI-FAMILY CORONA CA 91719 1992 316 335,804
28,600,000 10/02/90 PROSPECTUS
018 1 OFFICE CHICAGO IL 60601 1914 N/A 404,830 11,400,000
07/28/92 MAI APPRAISAL
019 1 OFFICE DENVER CO 80111 1982 N/A 358,357 24,000,000
04/15/92 MAI APPRAISAL
020 1 MULTI-FAMILY ATLANTA GA 30326 1990 226 265,800
26,200,000 05/29/90 MAI APPRAISAL
021 1 MULTI-FAMILY CENTREVILLE VA 22020 1988 268 267,964
17,800,000 11/30/92 MAI APPRAISAL
022 1 MULTI-FAMILY WILMINGTON DE 19807 1950 519 432,398
23,200,000 07/12/89 MAI APPRAISAL
023 1 OFFICE ELMHURST IL 60126 1988 N/A 123,077 17,500,000
08/06/90 MAI APPRAISAL
024 1 OFFICE CALABASAS CA 91302 1985 N/A 116,445
19,000,000 08/07/89 MAI APPRAISAL
025 1 OFFICE SEATTLE WA 98134 1950 N/A 284,057 18,000,000
10/01/87 MAI APPRAISAL
026 1 INDUSTRIAL SAN DIEGO CA 92120 1977 N/A 233,847
17,000,000 07/13/90 MAI APPRAISAL
027 1 RETAIL PHOENIX AZ 85022 1986 N/A 120,627 15,335,000
02/20/87 MAI APPRAISAL
028 1 RETAIL PHOENIX AZ 85044 1988 N/A 122,992 14,700,000
01/29/90 MAI APPRAISAL
029 1 RETAIL DURHAM NC 27704 1990 N/A 206,827
14,525,000 01/10/91 MAI APPRAISAL
030 1 RETAIL TUCKER GA 30027 1984 N/A 304,082 15,900,000
10/01/94 MAI APPRAISAL
031 1 MULTI-FAMILY NETCONG NJ 07857 1971 424 335,380
18,800,000 03/16/90 MAI APPRAISAL
032 1 MULTI-FAMILY MURRIETTA CA 92362 1990 420 324,800
23,500,000 11/30/90 PROSPECTUS
033 1 MIXED USE MINNEAPOLIS MN 55402 1926 N/A 145,938
19,000,000 08/01/89 PROSPECTUS
034 1 MULTI-FAMILY MT OLIVE NJ 07282 1978 372 283,935
14,900,000 01/19/90 MAI APPRAISAL
035 1 RETAIL WAIPAHU HI 96797 1962 N/A 109,744 16,000,000
05/01/89 MAI APPRAISAL
037 1 OFFICE WEST TRENTON NJ 08628 1987 N/A 108,277
14,800,000 04/05/88 MAI APPRAISAL
038 1 OFFICE HARRISBURG PA 17105 1989 N/A 131,488
15,150,000 05/14/90 MAI APPRAISAL
039 1 MIXED USE MINNEAPOLIS MN 55408 1988 N/A 88,861
13,000,000 07/25/89 MAI APPRAISAL
040 1 MULTI-FAMILY DURHAM NC 27713 1986 308 267,420
13,400,000 09/25/89 MAI APPRAISAL
041 1 MULTI-FAMILY DULUTH GA 30136 1991 216 275,872
14,080,000 09/23/91 MAI APPRAISAL
042 1 MULTI-FAMILY EWING TOWNSHIP NJ 08628 1976 306 290,800
15,830,000 03/23/90 MAI APPRAISAL
043 1 OFFICE PHOENIX AZ 85004 1990 N/A 79,601 12,400,000
09/13/89 MAI APPRAISAL
044 1 RETAIL ATCO NJ 08004 1988 N/A 48,800 4,240,000
02/01/89 MAI APPRAISAL
044 2 RETAIL MARLTON NJ 08053 1973 N/A 25,200 1,630,000
02/06/89 MAI APPRAISAL
044 3 RETAIL PITMAN NJ 08071 1973 N/A 25,000 1,430,000
02/06/89 MAI APPRAISAL
044 4 RETAIL BLACKWOOD NJ 08096 1963 N/A 49,000
3,040,000 02/06/89 MAI APPRAISAL
044 5 RETAIL SEWELL NJ 08080 1988 N/A 35,000 2,870,000
02/06/89 MAI APPRAISAL
045 1 MIXED USE WASHINGTON DC 20007 1980 35 129,657
14,140,000 01/24/89 MAI APPRAISAL
046 1 RETAIL SARASOTA FL 34243 1989 N/A 115,967
11,600,000 11/10/88 MAI APPRAISAL
047 1 MULTI-FAMILY PHILADELPHIA PA 19115 1968 279 261,350
14,000,000 08/29/91 MAI APPRAISAL
048 1 OFFICE MENLO PARK CA 94612 1986 N/A 100,231
12,750,000 03/13/89 MAI APPRAISAL
049 1 RETAIL MARTINEZ CA 94553 1987 N/A 85,980 12,100,000
03/15/88 MAI APPRAISAL
050 1 OFFICE SEATTLE WA 98134 1952 N/A 132,456 11,750,000
01/10/90 MAI APPRAISAL
051 1 MULTI-FAMILY WHEATON IL 60187 1972 342 300,302
12,850,000 12/07/89 MAI APPRAISAL
052 1 OFFICE MONROEVILLE PA 15146 1991 N/A 90,725
11,470,000 12/01/90 MAI APPRAISAL
053 1 OFFICE ST LOUIS PARK MN 55426 1972 N/A 133,700
12,500,000 03/15/89 MAI APPRAISAL
054 1 RETAIL COLORADO SPRING CO 80920 1986 N/A 96,144
6,000,000 10/26/92 MAI APPRAISAL
055 1 RETAIL BLOOMINGTON MN 55420 1986 N/A 93,742
10,700,000 07/21/91 MAI APPRAISAL
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ASSET PROP YEAR PROPERTY
VALUATION VALUATION
NO NO PROPERTY TYPE CITY STATE ZIP BUILT UNITS NET SF
VALUE DATE SOURCE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
<C>
056 1 OFFICE WESTFIELD NJ 07091 1980 N/A 69,250 10,800,000
06/06/90 MAI APPRAISAL
057 1 MULTI-FAMILY ALTEMONTE SPRIN FL 32701 1985 288 240,512
11,400,000 02/15/90 MAI APPRAISAL
058 1 OFFICE OXON HILL MD 20745 1972 N/A 113,928
11,350,000 04/06/90 PROSPECTUS
059 1 RETAIL SAN ANTONIO TX 78209 1951 N/A 102,031
10,675,000 08/01/89 MAI APPRAISAL
060 1 OFFICE BERKELEY CA 94710 1970 N/A 68,034 10,400,000
02/22/90 MAI APPRAISAL
061 1 WAREHOUSE GRAPEVINE TX 76051 1989 N/A 498,800
11,000,000 04/28/93 MAI APPRAISAL
062 1 MIXED USE SUNNYVALE CA 94086 1987 57 31,611
10,800,000 09/20/89 MAI APPRAISAL
063 1 MULTI-FAMILY BELLEVUE WA 98006 1988 184 144,308
10,600,000 04/25/90 MAI APPRAISAL
064 1 OFFICE SUNNYVALE CA 94086 1981 N/A 91,868
8,500,000 12/27/91 MAI APPRAISAL
065 1 OFFICE FREMONT CA 94539 1985 N/A 171,360 9,500,000
12/02/87 MAI APPRAISAL
066 1 RETAIL DOUGLAS GA 31533 1991 N/A 175,281 9,720,000
06/13/90 MAI APPRAISAL
067 1 MULTI-FAMILY WEYMOUTH MA 02188 1977 198 177,074
10,350,000 08/15/91 MAI APPRAISAL
068 1 RETAIL SPRING HILL FL 34606 1989 N/A 103,112 8,900,000
06/13/89 MAI APPRAISAL
069 1 OFFICE BOSTON MA 02108 1891 N/A 69,940 13,100,000
02/26/90 MAI APPRAISAL
070 1 RETAIL ST PETERSBURG FL 33713 1984 N/A 139,699
8,870,000 10/16/89 MAI APPRAISAL
071 1 MULTI-FAMILY RANDOLPH MA 23514 1969 172 151,663
9,000,000 11/30/90 MAI APPRAISAL
072 1 MULTI-FAMILY NORCROSS GA 30092 1989 146 180,242
9,385,000 03/14/91 MAI APPRAISAL
073 1 MULTI-FAMILY ORLANDO FL 32812 1972 344 334,352
11,125,000 08/15/91 MAI APPRAISAL
074 1 OFFICE PHILADELPHIA PA 19154 1988 N/A 229,755
5,250,000 06/30/92 MAI APPRAISAL
075 1 INDUSTRIAL LOUISVILLE CO 80027 1988 N/A 106,750
8,670,000 01/26/88 MAI APPRAISAL
076 1 MIXED USE CLACKAMAS OR 97015 1987 N/A 53,279
8,600,000 10/12/89 MAI APPRAISAL
077 1 MULTI-FAMILY ROCKVILLE MD 20854 1967 162 146,460
9,050,000 04/04/86 MAI APPRAISAL
078 1 RETAIL NORTH BRUNSWICK NJ 08902 1989 N/A 49,368
7,797,000 08/31/94 MAI APPRAISAL
079 1 WAREHOUSE S SAN FRANCISCO CA 94080 1972 N/A 166,640
8,700,000 02/21/89 PROSPECTUS
080 1 INDUSTRIAL WILMINGTON MA 01887 1969 N/A 230,807
10,500,000 11/03/89 MAI APPRAISAL
081 1 MULTI-FAMILY ALTAMONTE SPRIN FL 32714 1984 236 193,248
9,800,000 02/15/90 MAI APPRAISAL
082 1 MULTI-FAMILY CASTRO VALLEY CA 94546 1990 96 82,338
8,600,000 03/07/91 MAI APPRAISAL
083 1 RETAIL EUSTIS FL 32726 1984 N/A 125,191 8,800,000
03/01/87 MAI APPRAISAL
084 1 OTHER ATLANTA GA 30339 1985 N/A 76,463 7,369,902
01/01/96 MAI APPRAISAL
085 1 RETAIL HOUSTON TX 77099 1983 1 124,100 8,935,000
12/07/84 MAI APPRAISAL
086 1 RETAIL ALPHARETTA GA 30202 1989 N/A 95,504
6,970,000 12/07/93 MAI APPRAISAL
087 1 OFFICE DURHAM NC 27713 1991 N/A 170,000 8,350,000
03/13/91 MAI APPRAISAL
088 1 INDUSTRIAL CHAMBLEE GA 30341 1975 1 93,557
1,500,000 01/13/92 MAI APPRAISAL
088 2 INDUSTRIAL DURAVILLE GA 30340 1974 N/A 174,860
4,600,000 01/17/92 MAI APPRAISAL
088 3 INDUSTRIAL ATLANTA GA 30318 1973 N/A 26,400
475,000 02/11/92 MAI APPRAISAL
088 4 INDUSTRIAL ATLANTA GA 30336 1974 N/A 77,089
1,400,000 01/21/92 MAI APPRAISAL
088 5 INDUSTRIAL ATLANTA GA 30336 1973 N/A 79,068
1,250,000 01/29/92 MAI APPRAISAL
088 6 INDUSTRIAL ATLANTA GA 30318 1973 N/A 52,983
900,000 02/12/92 MAI APPRAISAL
088 7 INDUSTRIAL ATLANTA GA 30318 1971 N/A 33,437
625,000 02/07/92 MAI APPRAISAL
088 8 INDUSTRIAL ATLANTA GA 30318 1971 N/A 33,340
625,000 02/03/92 MAI APPRAISAL
089 1 INDUSTRIAL TUSTIN CA 92680 1985 N/A 121,443
14,200,000 01/27/89 PROSPECTUS
090 1 OFFICE CAROL STREAM IL 60188 1988 1 62,327 7,500,000
09/12/89 MAI APPRAISAL
091 1 RETAIL SILVER SPRING MD 20910 1986 N/A 49,851
7,950,000 07/21/87 MAI APPRAISAL
093 1 INDUSTRIAL MILPITAS CA 95035 1982 N/A 95,685
4,150,000 04/23/91 MAI APPRAISAL
094 1 OFFICE SAN FRANCISCO CA 94133 1924 N/A 104,241
10,500,000 02/05/88 MAI APPRAISAL
095 1 RETAIL LODI CA 95240 1981 N/A 123,736 7,350,000
12/21/87 MAI APPRAISAL
096 1 MIXED USE SAN FRANCISCO CA 94104 1929 74 128,431
11,900,000 08/15/88 MAI APPRAISAL
097 1 OFFICE MONTVALE NJ 07645 1991 N/A 51,155 7,770,000
09/30/91 MAI APPRAISAL
099 1 RETAIL RALEIGH NC 27604 1988 N/A 80,781 8,600,000
08/16/88 MAI APPRAISAL
100 1 OFFICE SARASOTA FL 34237 1984 N/A 51,862 7,100,000
06/01/89 MAI APPRAISAL
101 1 OFFICE SPOKANE WA 99201 1963 N/A 116,322 7,520,000
03/14/85 MAI APPRAISAL
102 1 OFFICE ELK GROVE VILLA IL 60007 1988 N/A 171,565
7,000,000 12/22/89 MAI APPRAISAL
103 1 RETAIL PHILADELPHIA PA 19153 1986 N/A 58,700
7,130,000 05/04/89 MAI APPRAISAL
104 1 MULTI-FAMILY BEAR DE 19701 1989 132 113,784
6,800,000 06/22/89 MAI APPRAISAL
105 1 OFFICE WESTFIELD NJ 07091 1989 N/A 48,114 7,400,000
07/19/89 MAI APPRAISAL
106 1 LODGING NEW PROVIDENCE NJ 07974 1983 N/A 31,983
10,400,000 09/07/88 MAI APPRAISAL
106 2 OFFICE NEW PROVIDENCE NJ 07974 1983 76 N/A N/A
N/A N/A
108 1 RETAIL WALNUT CREEK CA 94596 1965 N/A 42,936
7,500,000 03/09/89 MAI APPRAISAL
109 1 WAREHOUSE ONTARIO CA 91761 1987 N/A 175,240
7,200,000 03/15/89 MAI APPRAISAL
110 1 INDUSTRIAL SAN JOSE CA 95134 1985 N/A 96,230
8,675,000 12/22/87 MAI APPRAISAL
111 1 MULTI-FAMILY ENCINO CA 91316 1989 57 70,070
7,000,000 10/26/89 MAI APPRAISAL
112 1 OFFICE ST CHARLES IL 60174 1986 17 56,323 5,743,725
08/21/89 MAI APPRAISAL
112 2 OFFICE ST CHARLES IL 60174 1988 N/A 14,231 1,106,275
08/21/89 MAI APPRAISAL
113 1 RETAIL NORWOOD MA 02062 1989 N/A 46,582
5,600,000 03/17/94 MAI APPRAISAL
114 1 RETAIL SPRINGFIELD NJ 07081 1984 N/A 34,050 5,640,000
09/19/89 MAI APPRAISAL
114 2 RETAIL NORTH PLAINFIEL NJ 07060 1988 N/A 14,000
2,660,000 09/19/89 MAI APPRAISAL
115 1 OFFICE MONROEVILLE PA 15146 1991 N/A 51,951
6,630,000 01/01/91 MAI APPRAISAL
116 1 RETAIL MESA AZ 85201 1980 N/A 71,338 7,700,000
12/08/86 MAI APPRAISAL
117 1 RETAIL CASTRO VALLEY CA 94546 1989 N/A 36,847
6,700,000 07/18/89 MAI APPRAISAL
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ASSET PROP YEAR PROPERTY
VALUATION VALUATION
NO NO PROPERTY TYPE CITY STATE ZIP BUILT UNITS NET SF
VALUE DATE SOURCE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
<C>
118 1 RETAIL ALAMOSA CO 81101 1993 N/A 91,266 5,800,000
06/11/92 MAI APPRAISAL
119 1 WAREHOUSE PISCATAWAY NJ 08854 1980 N/A 143,690
6,600,000 01/18/91 MAI APPRAISAL
120 1 RETAIL FOUNTAIN VALLEY CA 92708 1986 N/A 41,376
6,700,000 07/09/87 MAI APPRAISAL
121 1 WAREHOUSE SAN LEANDRO CA 94577 1971 N/A 151,049
7,400,000 03/05/91 MAI APPRAISAL
122 1 OFFICE ELIZABETH NJ 07201 1970 N/A 203,225 6,725,000
05/08/91 MAI APPRAISAL
123 1 MIXED USE NEW PROVIDENCE NJ 07974 1973 N/A 91,819
7,000,000 05/06/88 MAI APPRAISAL
124 1 OFFICE NEEDHAM MA 02192 1989 N/A 41,922 7,300,000
01/08/91 MAI APPRAISAL
125 1 MIXED USE THOUSAND OAKS CA 91360 1983 N/A 106,073
5,957,331 12/13/95 MAI APPRAISAL
126 1 MULTI-FAMILY FULLERTON CA 92631 1974 248 163,800
9,000,000 08/17/86 MAI APPRAISAL
127 1 MULTI-FAMILY BEAR DE 19701 1989 138 120,120
6,500,000 09/01/88 MAI APPRAISAL
128 1 MULTI-FAMILY MARIETTA GA 30067 1975 200 211,596
6,600,000 09/08/86 MAI APPRAISAL
129 1 OFFICE LOWER MORELAND PA 19006 1974 N/A 163,540
6,600,000 05/11/90 MAI APPRAISAL
130 1 RETAIL ARNOLD MD 21102 1987 N/A 55,170 8,225,000
09/20/88 MAI APPRAISAL
131 1 MULTI-FAMILY ROSWELL GA 30076 1987 113 137,746
6,900,000 01/28/90 MAI APPRAISAL
132 1 MULTI-FAMILY PERKASIE PA 18944 1980 160 144,800
6,000,000 11/07/88 MAI APPRAISAL
133 1 RETAIL MOSES LAKE WA 98837 1992 N/A 91,266 N/A
N/A N/A
134 1 RETAIL BROOKINGS SD 57006 1993 N/A 91,266 N/A
N/A N/A
135 1 MULTI-FAMILY TAMPA FL 33614 1979 249 146,775
6,380,000 04/11/90 MAI APPRAISAL
136 1 OFFICE MILPITAS CA 95035 1982 N/A 85,040 5,500,000
12/27/91 MAI APPRAISAL
137 1 OFFICE EWING NJ 08628 1984 N/A 50,259 5,900,000
11/18/88 MAI APPRAISAL
138 1 RETAIL SILVER SPRINGS MD 20904 1987 N/A 40,784
7,300,000 11/20/87 MAI APPRAISAL
139 1 RETAIL NORTH HOLLYWOOD CA 91605 1987 N/A 32,497
6,300,000 09/11/87 MAI APPRAISAL
140 1 OFFICE PACHECO CA 94553 1984 N/A 70,610 5,900,000
05/01/90 MAI APPRAISAL
141 1 WAREHOUSE HANOVER MD 21076 1976 N/A 61,645
1,250,000 05/24/96 APPRAISAL (NON-
142 1 RETAIL BELMONT MA 02178 1991 1 58,562 6,100,000
04/16/93 MAI APPRAISAL
143 1 OFFICE RENTON WA 98055 1986 N/A 59,850 5,900,000
02/20/87 MAI APPRAISAL
144 1 MULTI-FAMILY LANGHORNE PA 19047 1978 112 124,264
6,200,000 01/17/91 MAI APPRAISAL
145 1 INDUSTRIAL SPRING VALLEY CA 92078 1989 N/A 82,509
5,750,000 12/20/90 MAI APPRAISAL
146 1 MULTI-FAMILY SANTA ROSA CA 95403 1987 104 90,128
5,990,000 01/22/91 MAI APPRAISAL
147 1 OTHER PEBBLE BEACH CA 93953 1986 N/A 32,888
15,000,000 11/18/86 MAI APPRAISAL
148 1 OFFICE BERKELEY CA 94704 1970 N/A 45,063 5,750,000
06/13/89 MAI APPRAISAL
149 1 OFFICE TOWSON MD 21204 1968 N/A 69,121 8,700,000
05/08/87 MAI APPRAISAL
150 1 INDUSTRIAL TINICUM PA 19113 1988 N/A 60,000
4,500,000 08/22/94 MAI APPRAISAL
151 1 MULTI-FAMILY SIMI VALLEY CA 93065 1986 88 70,984
5,750,000 10/09/86 MAI APPRAISAL
152 1 RETAIL MACON GA 31206 1985 N/A 101,255 7,890,000
12/14/88 MAI APPRAISAL
153 1 INDUSTRIAL PACOIMA CA 91331 1985 N/A 100,000
6,500,000 02/15/90 MAI APPRAISAL
154 1 RETAIL BURKE VA 22032 1983 N/A 38,463 5,725,000
11/25/86 MAI APPRAISAL
155 1 MULTI-FAMILY MANSFIELD MA 02048 1975 140 93,598
6,275,000 07/17/89 MAI APPRAISAL
156 1 RETAIL BELLEVUE WA 98004 1966 N/A 83,908
9,100,000 02/19/87 MAI APPRAISAL
157 1 RETAIL SIMI VALLEY CA 93063 1987 N/A 34,985
5,600,000 10/20/88 MAI APPRAISAL
158 1 RETAIL IONIA MI 48846 1992 N/A 91,266 N/A N/A
N/A
159 1 MIXED USE CHANTILLY VA 22021 1986 N/A 28,330
5,440,000 03/11/88 PROSPECTUS
160 1 OTHER PITTSBURGH PA 15222 1966 N/A 44,516
8,000,000 11/20/90 MAI APPRAISAL
161 1 RETAIL BLADENSBURG MD 20710 1987 N/A 56,068
5,300,000 08/26/87 MAI APPRAISAL
162 1 OFFICE MONROE WA 98272 1981 N/A 32,905 5,137,000
11/11/89 MAI APPRAISAL
163 1 WAREHOUSE PHOENIX AZ 85009 1989 N/A 264,117
6,000,000 11/01/89 MAI APPRAISAL
164 1 RETAIL MITCHELL SD 57301 1991 N/A 91,266 N/A
N/A N/A
165 1 WAREHOUSE BELLMAWR NJ 08031 1966 N/A 264,460
5,900,000 03/31/92 MAI APPRAISAL
166 1 MIXED USE BRANDON FL 33511 1984 N/A 62,105
3,700,000 08/25/92 MAI APPRAISAL
167 1 RETAIL LANDOVER MD 20784 1987 N/A 39,044
6,400,000 08/07/87 MAI APPRAISAL
168 1 RETAIL GREENBELT MD 20770 1983 N/A 35,793
5,300,000 11/20/86 MAI APPRAISAL
169 1 MULTI-FAMILY MILLBRAE CA 94030 1989 72 67,525
7,850,000 03/20/90 MAI APPRAISAL
170 1 RETAIL DEVIL LAKE ND 58301 1991 N/A 86,479 N/A
N/A N/A
171 1 RETAIL EL TORO CA 92630 1979 N/A 59,907 5,500,000
12/13/85 MAI APPRAISAL
172 1 INDUSTRIAL MONTVILLE NJ 07005 1982 N/A 76,160
4,900,000 03/23/90 MAI APPRAISAL
173 1 RETAIL OAK RIDGE TN 37830 1992 N/A 107,806 4,865,000
04/14/93 MAI APPRAISAL
174 1 WAREHOUSE LINTHICUM MD 21090 1987 N/A 140,267
5,000,000 06/15/87 MAI APPRAISAL
175 1 MIXED USE BEAVERTON OR 97005 1989 N/A 25,695
5,180,000 09/14/89 MAI APPRAISAL
176 1 RETAIL SACRAMENTO CA 95825 1989 N/A 29,742
5,500,000 12/21/88 MAI APPRAISAL
177 1 MIXED USE CLAKAMAS OR 97315 1987 N/A 40,883
4,825,000 04/01/88 MAI APPRAISAL
178 1 OFFICE WAYNE NJ 07470 1988 N/A 32,200 5,250,000
10/01/87 MAI APPRAISAL
179 1 RETAIL CARROLLTON GA 30117 1988 N/A 87,990
3,750,000 11/13/92 MAI APPRAISAL
180 1 RETAIL DOUGLASVILLE GA 30384 1987 N/A 46,494
3,200,000 11/13/92 MAI APPRAISAL
181 1 RETAIL ALPINE CA 91901 1979 N/A 71,405 5,700,000
12/05/88 MAI APPRAISAL
182 1 OFFICE PHOENIX AZ 85003 1980 N/A 105,340 3,340,000
06/01/88 MAI APPRAISAL
182 2 OFFICE PHOENIX AZ 85009 1980 N/A 42,342 1,360,000
06/01/88 MAI APPRAISAL
183 1 OFFICE ATLANTA GA 30328 1974 1 44,241 4,920,000
04/11/86 MAI APPRAISAL
184 1 RETAIL GREENVILLE MI 48838 1991 N/A 91,266
4,450,000 06/15/91 MAI APPRAISAL
185 1 OFFICE WHITE PLAINS MD 20695 1988 N/A 89,120
5,175,000 10/09/87 MAI APPRAISAL
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ASSET PROP YEAR PROPERTY
VALUATION VALUATION
NO NO PROPERTY TYPE CITY STATE ZIP BUILT UNITS NET SF
VALUE DATE SOURCE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
<C>
186 1 RETAIL THREE RIVERS MI 49093 1991 N/A 91,264
4,350,000 07/01/91 MAI APPRAISAL
187 1 OFFICE LOS GATOS CA 95030 1977 N/A 35,091 4,600,000
03/24/87 MAI APPRAISAL
188 1 MULTI-FAMILY MINNEAPOLIS MN 55415 1975 77 49,070
2,480,000 08/12/91 MAI APPRAISAL
188 2 MULTI-FAMILY ST PAUL MN 55101 1979 67 38,884
2,580,000 08/12/91 MAI APPRAISAL
189 1 WAREHOUSE EAST RUTHERFORD NJ 07073 1968 1 95,000
4,850,000 05/17/90 MAI APPRAISAL
190 1 MIXED USE SPOKANE WA 99223 1986 N/A 57,162
4,460,000 10/07/89 MAI APPRAISAL
191 1 OFFICE VERNON HILLS IL 60061 1988 N/A 47,104
4,435,000 11/11/88 MAI APPRAISAL
192 1 OTHER ALHAMBRA CA 91801 1989 N/A 52,685
4,007,260 01/01/96 MAI APPRAISAL
193 1 OFFICE STOCKTON CA 94205 1985 1 201,400 4,700,000
03/17/88 MAI APPRAISAL
194 1 OFFICE LONGWOOD FL 32750 1986 N/A 160,450
4,170,000 02/19/90 MAI APPRAISAL
195 1 MULTI-FAMILY RIDGEWOOD NJ 07450 1968 54 56,128
4,500,000 11/20/89 MAI APPRAISAL
196 1 RETAIL RENTON WA 98058 1987 N/A 32,910 4,150,000
06/20/89 MAI APPRAISAL
197 1 OFFICE ALHAMBRA CA 91801 1980 N/A 33,224
4,576,000 11/25/85 MAI APPRAISAL
198 1 RETAIL OAK RIDGE TN 37830 1993 N/A 71,440 4,500,000
06/22/92 MAI APPRAISAL
199 1 RETAIL CHICAGO IL 60641 1987 N/A 35,389 4,100,000
07/27/89 MAI APPRAISAL
200 1 INDUSTRIAL ONTARIO CA 91761 1989 N/A 100,253
4,200,000 01/18/91 MAI APPRAISAL
201 1 RETAIL ATLANTA GA 30339 1972 N/A 99,050 7,000,000
03/19/86 MAI APPRAISAL
202 1 MULTI-FAMILY RALEIGH NC 27606 1987 97 110,401
4,250,000 01/10/91 MAI APPRAISAL
203 1 OFFICE HOUSTON TX 77079 1974 N/A 37,475 4,500,000
05/27/92 MAI APPRAISAL
204 1 MULTI-FAMILY NORTH HOLLYWOOD CA 91607 1978 63 63,462
4,500,000 03/18/88 MAI APPRAISAL
205 1 OFFICE NAPERVILLE IL 60540 1980 N/A 66,557 5,300,000
01/15/88 MAI APPRAISAL
206 1 INDUSTRIAL WOBURN MA 01801 1974 N/A 107,118
5,600,000 03/02/90 MAI APPRAISAL
207 1 OFFICE OAKLAND CA 94607 1984 N/A 25,300 4,075,000
07/15/87 MAI APPRAISAL
208 1 OFFICE CRAWFORD NJ 07016 1974 N/A 38,652 4,300,000
01/25/90 MAI APPRAISAL
209 1 MULTI-FAMILY ROBBINS DALE MN 55425 1976 110 64,017
4,060,000 09/13/89 MAI APPRAISAL
210 1 MULTI-FAMILY MARIETTA GA 30062 1976 454 514,200
14,200,000 05/14/93 MAI APPRAISAL
211 1 OFFICE ST PAUL MN 55114 1991 N/A 78,045 3,980,000
03/15/91 MAI APPRAISAL
212 1 INDUSTRIAL SACRAMENTO CA 95838 1983 N/A 52,710
2,400,000 05/27/93 MAI APPRAISAL
213 1 OFFICE MONTVALE NJ 07645 1978 N/A 29,366 3,845,000
02/11/88 MAI APPRAISAL
214 1 OFFICE NORWALK CA 90650 1975 N/A 40,500 3,950,000
10/16/86 MAI APPRAISAL
215 1 OFFICE NEW CASTLE DE 19720 1986 N/A 71,215
2,200,000 12/04/92 MAI APPRAISAL
216 1 OFFICE ROHNERT CA 94928 1987 N/A 39,955 3,940,000
02/22/88 MAI APPRAISAL
217 1 OFFICE ORANGE CA 92667 1980 N/A 131,401 6,360,000
05/27/92 MAI APPRAISAL
218 1 OFFICE CROFTON MD 21114 1985 N/A 30,000 3,850,000
10/22/85 MAI APPRAISAL
219 1 INDUSTRIAL SPRING VALLEY CA 91978 1989 N/A 69,651
3,875,000 09/14/89 MAI APPRAISAL
220 1 MULTI-FAMILY VAN NUYS CA 91411 1986 47 56,400
4,250,000 03/20/87 MAI APPRAISAL
221 1 OFFICE WASHINGTON DC 20002 1990 N/A 211,614
39,000,000 06/01/93 MAI APPRAISAL
222 1 MULTI-FAMILY ALEXANDRIA VA 22304 1960 225 240,437
7,550,000 04/17/87 MAI APPRAISAL
223 1 MIXED USE SAN RAFAEL CA 94901 1928 N/A 56,581
5,000,000 07/30/87 MAI APPRAISAL
224 1 OFFICE CHATHAM NJ 07928 1986 N/A 29,882 4,050,000
09/22/88 MAI APPRAISAL
225 1 OFFICE TEMPE AZ 85280 1986 N/A 60,688 3,850,000
01/12/87 MAI APPRAISAL
226 1 OFFICE LISLE IL 60532 1987 N/A 38,832 3,700,000
12/09/88 MAI APPRAISAL
227 1 MULTI-FAMILY BOTHEL WA 98011 1988 80 76,876
4,400,000 07/18/88 MAI APPRAISAL
228 1 RETAIL CLEARWATER FL 34630 1989 N/A 21,058
4,010,000 10/11/89 MAI APPRAISAL
229 1 OFFICE BERKELEY CA 94710 1950 3 70,000 3,900,000
12/14/87 MAI APPRAISAL
230 1 OFFICE PLEASANT HILL CA 94523 1987 N/A 30,147
3,800,000 10/20/87 MAI APPRAISAL
231 1 OFFICE SAN JOSE CA 95113 1893 N/A 26,201 3,750,000
02/14/85 MAI APPRAISAL
232 1 MULTI-FAMILY ROHNERT PARK CA 94928 1978 100 69,700
4,080,000 03/16/87 MAI APPRAISAL
233 1 OFFICE BOULDER CO 80301 1988 3 41,107 3,650,000
07/28/93 MAI APPRAISAL
234 1 MANUFACTURED HOU HIGHLAND CA 92346 1972 281 N/A
5,500,000 07/27/88 MAI APPRAISAL
235 1 RETAIL MONTGOMERY NJ 08558 1975 N/A 85,106
4,040,000 10/13/88 MAI APPRAISAL
236 1 OFFICE TOWSON MD 21204 1969 N/A 30,300 4,000,000
03/30/89 MAI APPRAISAL
237 1 OFFICE SAN DIEGO CA 92126 1989 N/A 33,144 3,600,000
02/01/89 MAI APPRAISAL
238 1 OFFICE FAIRFAX VA 22033 1986 N/A 58,293 3,319,091
12/13/95 MAI APPRAISAL
239 1 MULTI-FAMILY LOS ANGELES CA 90049 1986 27 36,650
3,900,000 03/25/87 MAI APPRAISAL
240 1 RETAIL JACKSONVILLE FL 32256 1990 N/A 31,064
3,995,000 04/29/91 MAI APPRAISAL
241 1 RETAIL CLOVERLY MD 20904 1986 N/A 24,092
3,800,000 11/06/86 MAI APPRAISAL
242 1 RETAIL HURST TX 76053 1973 N/A 55,400 4,500,000
09/17/86 MAI APPRAISAL
243 1 RETAIL LA JOLLA CA 92037 1976 N/A 20,141 3,900,000
02/29/88 MAI APPRAISAL
244 1 RETAIL FOX RIVER IL 60021 1981 N/A 73,013 3,760,000
09/29/86 MAI APPRAISAL
245 1 WAREHOUSE VAN NUYS CA 91406 1987 N/A 50,000
3,680,000 02/12/88 MAI APPRAISAL
246 1 RETAIL MIDDLESEX NJ 08846 1960 N/A 77,477 5,700,000
07/25/90 MAI APPRAISAL
247 1 INDUSTRIAL UPPER MORELAND PA 19090 1983 N/A 80,800
3,500,000 05/11/90 MAI APPRAISAL
248 1 MULTI-FAMILY BOTHELL WA 98012 1986 90 68,859
3,925,000 06/17/87 MAI APPRAISAL
249 1 WAREHOUSE DENVER CO 80216 1975 N/A 133,903
3,717,000 10/02/86 MAI APPRAISAL
250 1 OFFICE FOLCROFT BOROUG PA 19032 1973 N/A 90,000
3,550,000 06/21/88 MAI APPRAISAL
251 1 MIXED USE VENTURA CA 93003 1984 N/A 44,258
3,600,000 09/27/85 MAI APPRAISAL
252 1 INDUSTRIAL RANCHO CORDOVA CA 94570 1988 N/A 88,896
3,600,000 08/18/88 MAI APPRAISAL
253 1 OFFICE HOUSTON TX 77079 1979 N/A 89,546 2,600,000
07/10/93 MAI APPRAISAL
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ASSET PROP YEAR PROPERTY
VALUATION VALUATION
NO NO PROPERTY TYPE CITY STATE ZIP BUILT UNITS NET SF
VALUE DATE SOURCE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
<C>
254 1 MIXED USE HANOVER MD 21076 1973 N/A 46,752
3,400,000 07/31/86 MAI APPRAISAL
255 1 RETAIL AUGUSTA GA 30909 1984 N/A 54,187 3,300,000
07/22/94 MAI APPRAISAL
256 1 INDUSTRIAL WARMINSTER PA 18974 1981 N/A 83,600
3,620,000 05/14/90 MAI APPRAISAL
257 1 OFFICE BALTIMORE MD 21209 1986 N/A 38,088
3,875,000 05/16/89 MAI APPRAISAL
258 1 INDUSTRIAL LOS ALAMITOS CA 90720 1984 N/A 64,864
3,400,000 07/31/85 MAI APPRAISAL
259 1 MULTI-FAMILY SHERMAN OAKS CA 91423 1990 32 34,308
3,445,000 11/28/90 MAI APPRAISAL
260 1 OFFICE MAHWAH NJ 07430 1988 N/A 23,500 3,600,000
02/05/88 MAI APPRAISAL
261 1 INDUSTRIAL NORTH HOLLYWOOD CA 91605 1974 1 49,920
3,600,000 08/09/88 MAI APPRAISAL
262 1 RETAIL BOULDER CO 80302 1976 N/A 38,643 3,560,000
03/19/90 MAI APPRAISAL
263 1 RETAIL MONROE NC 28110 1989 N/A 54,220 3,600,000
07/16/89 MAI APPRAISAL
264 1 OFFICE BOULDER CO 80301 1991 N/A 30,832 3,200,000
03/11/91 MAI APPRAISAL
265 1 OFFICE AGOURA HILLS CA 91301 1987 N/A 36,663
3,111,000 03/22/88 MAI APPRAISAL
266 1 INDUSTRIAL FORT COLLINS CO 80525 1988 N/A 57,600
3,300,000 12/09/87 MAI APPRAISAL
267 1 OFFICE PISCATAWAY NJ 08854 1981 N/A 83,200
3,100,000 01/10/91 MAI APPRAISAL
268 1 OFFICE CHARLOTTE NC 28273 1990 N/A 115,200
3,100,000 04/24/91 MAI APPRAISAL
269 1 MULTI-FAMILY CARLSBAD CA 92008 1978 74 56,380
3,400,000 12/04/86 MAI APPRAISAL
270 1 RETAIL SANTA ANA CA 92704 1985 N/A 16,288
3,200,000 11/22/85 MAI APPRAISAL
271 1 MIXED USE LOS ANGELES CA 90064 1985 N/A 20,648
3,850,000 07/02/85 MAI APPRAISAL
272 1 RETAIL HOWELL NJ 07731 1989 N/A 46,065 3,580,000
09/28/94 MAI APPRAISAL
273 1 OFFICE BETHESDA MD 20814 1965 N/A 33,960 3,400,000
08/15/89 MAI APPRAISAL
274 1 MULTI-FAMILY COSTA MESA CA 92627 1979 60 43,850
4,350,000 07/22/91 MAI APPRAISAL
275 1 MIXED USE W LOS ANGELES CA 90064 1968 N/A 42,780
5,425,000 08/07/86 MAI APPRAISAL
276 1 MIXED USE BEVERLY HILLS CA 90210 1931 N/A 11,830
4,280,000 02/17/87 MAI APPRAISAL
277 1 MULTI-FAMILY VAN NUYS CA 91401 1986 54 47,430
3,400,000 03/20/87 MAI APPRAISAL
278 1 MULTI-FAMILY SOMMERVILLE NJ 08876 1973 88 53,500
3,875,000 05/17/88 MAI APPRAISAL
279 1 MULTI-FAMILY BEVERLY HILLS CA 90210 1963 26 47,510
4,100,000 09/20/92 MAI APPRAISAL
280 1 MULTI-FAMILY SACRAMENTO CA 95831 1986 76 64,244
3,100,000 12/21/92 MAI APPRAISAL
281 1 OFFICE LAUREL MD 20708 1975 N/A 36,861 3,100,000
01/23/86 MAI APPRAISAL
282 1 WAREHOUSE DENVER CO 80210 1982 N/A 202,540
6,500,000 06/27/90 MAI APPRAISAL
283 1 OFFICE DOVER NJ 07801 1984 N/A 23,668 3,200,000
09/28/89 MAI APPRAISAL
284 1 MULTI-FAMILY AUSTELL GA 30001 1971 156 165,094
2,400,000 06/14/93 MAI APPRAISAL
285 1 RETAIL BUFFALO GROVE IL 60090 1986 13 23,109
3,075,000 05/09/88 MAI APPRAISAL
286 1 RETAIL CHICAGO IL 60638 1988 N/A 29,171 3,000,000
02/27/88 MAI APPRAISAL
287 1 RETAIL WANTAGE TOWNSHI NJ 07461 1968 N/A 111,780
4,800,000 07/19/88 MAI APPRAISAL
288 1 RETAIL BETHESDA MD 20814 1960 N/A 20,502
3,150,000 02/04/86 MAI APPRAISAL
289 1 MULTI-FAMILY LOS ANGELES CA 90064 1988 N/A 23,045
2,744,984 01/01/96 MAI APPRAISAL
290 1 OFFICE LOS GATOS CA 95030 1978 N/A 19,880 3,000,000
04/01/87 MAI APPRAISAL
291 1 INDUSTRIAL KENT WA 98032 1987 N/A 64,088 3,000,000
04/01/87 MAI APPRAISAL
292 1 WAREHOUSE CERRITOS CA 90701 1974 N/A 124,604
2,650,000 08/16/93 MAI APPRAISAL
293 1 RETAIL MODESTO CA 95350 1973 N/A 33,400 3,000,000
10/06/86 MAI APPRAISAL
294 1 MIXED USE VIDALIA GA 30474 1988 N/A 61,361
3,930,000 09/09/88 MAI APPRAISAL
295 1 WAREHOUSE SUNNYVALE CA 94086 1968 N/A 125,733
5,000,000 03/12/90 MAI APPRAISAL
296 1 RETAIL TEMPLE HILL MD 20748 1968 N/A 119,010
4,400,000 07/09/86 MAI APPRAISAL
297 1 MULTI-FAMILY DURHAM NC 27705 1966 108 92,750
2,595,000 01/23/90 MAI APPRAISAL
298 1 HEALTH CARE COLORADO SPRING CO 80918 1986 N/A 23,227
2,900,000 02/13/87 MAI APPRAISAL
299 1 RETAIL ALEXANDRIA VA 22030 1984 N/A 24,701
3,000,000 03/19/86 MAI APPRAISAL
300 1 RETAIL PICO RIVERA CA 90660 1988 N/A 17,389
3,000,000 11/03/88 MAI APPRAISAL
301 1 OFFICE BENSONVILLE IL 60106 1970 N/A 53,371
3,000,000 08/15/88 MAI APPRAISAL
302 1 RETAIL GAITHERSBURG MD 20879 1986 N/A 26,300
3,800,000 04/02/87 MAI APPRAISAL
303 1 RETAIL HIGHLAND PARK IL 60035 1988 N/A 18,011
2,875,000 08/01/88 MAI APPRAISAL
304 1 RETAIL MEDFORD NJ 08055 1988 N/A 18,331 2,710,000
07/25/88 MAI APPRAISAL
305 1 MULTI-FAMILY ALEXANDRIA VA 22304 1962 153 159,705
4,950,000 04/17/87 MAI APPRAISAL
306 1 OFFICE RALEIGH NC 27604 1985 N/A 88,227 2,581,477
01/01/96 MAI APPRAISAL
307 1 MULTI-FAMILY BEAVERTON OR 97005 1985 76 63,254
2,800,000 10/10/85 MAI APPRAISAL
308 1 WAREHOUSE SAN DIEGO CA 92126 1979 N/A 55,357
3,240,000 03/06/89 MAI APPRAISAL
309 1 OFFICE PHOENIX AZ 85034 1976 1 52,000 2,700,000
03/23/89 MAI APPRAISAL
310 1 OFFICE FREMONT CA 94538 1977 N/A 24,545 4,100,000
12/04/91 MAI APPRAISAL
311 1 RETAIL CHICAGO IL 60614 1982 N/A 16,547 2,865,000
12/19/88 MAI APPRAISAL
312 1 OFFICE ALHAMBRA CA 91801 1986 N/A 23,519
3,350,000 08/17/88 MAI APPRAISAL
313 1 RETAIL SAN BERNARDINO CA 92407 1991 N/A 23,672
2,750,000 02/01/91 MAI APPRAISAL
314 1 OTHER PACIFIC PALISAD CA 90272 1987 N/A 25,040
2,511,334 01/01/96 MAI APPRAISAL
315 1 RETAIL ASHTON MD 20861 1986 N/A 19,800 2,775,000
09/18/86 MAI APPRAISAL
316 1 OFFICE SUNNYVALE CA 94089 1978 N/A 43,681
3,120,000 12/05/86 MAI APPRAISAL
317 1 OFFICE LACEY WA 98503 1988 N/A 32,724 2,700,000
06/09/88 MAI APPRAISAL
318 1 OFFICE SOUTH PLAINFIEL NJ 07080 1960 N/A 92,104
3,600,000 04/10/92 MAI APPRAISAL
319 1 OFFICE WESTBOROUGH MA 01581 1982 N/A 17,522
2,670,000 07/18/89 MAI APPRAISAL
320 1 MIXED USE ROCKVILLE MD 20852 1983 N/A 19,999
2,675,000 07/30/87 MAI APPRAISAL
321 1 OFFICE LAWRENCEVILLE GA 30246 1981 N/A 37,400
2,675,000 10/23/86 MAI APPRAISAL
322 1 MULTI-FAMILY SAN DIEGO CA 92117 1980 88 43,392
2,900,000 02/25/86 MAI APPRAISAL
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ASSET PROP YEAR PROPERTY
VALUATION VALUATION
NO NO PROPERTY TYPE CITY STATE ZIP BUILT UNITS NET SF
VALUE DATE SOURCE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
<C>
323 1 RETAIL ATLANTA GA 30319 1987 N/A 13,060 2,690,000
04/05/88 MAI APPRAISAL
324 1 MULTI-FAMILY EWING NJ 08638 1974 96 65,280
3,670,000 08/23/94 MAI APPRAISAL
325 1 OFFICE AUSTIN TX 78766 1982 N/A 22,500 2,735,000
05/19/86 MAI APPRAISAL
326 1 RETAIL BEAVERTON OR 97005 1989 N/A 29,672
2,850,000 01/16/89 MAI APPRAISAL
327 1 RETAIL IRVING TX 75063 1986 N/A 26,393 2,800,000
06/28/91 MAI APPRAISAL
328 1 OFFICE ST PAUL MN 55116 1982 N/A 21,836 2,620,000
05/09/89 MAI APPRAISAL
329 1 RETAIL WASHINGTON TOWN NJ 07675 1988 N/A 30,130
2,401,178 01/01/96 MAI APPRAISAL
330 1 OFFICE BETHESDA MD 20816 1986 N/A 19,000 2,000,000
07/16/87 MAI APPRAISAL
330 2 RETAIL BETHESDA MD 20816 1986 N/A 6,500 750,000
07/16/87 MAI APPRAISAL
331 1 INDUSTRIAL KIRKLAND WA 98034 1968 N/A 110,747
4,100,000 10/03/88 MAI APPRAISAL
332 1 OFFICE FT COLLINS CO 80525 1991 N/A 47,500 2,900,000
03/12/91 MAI APPRAISAL
333 1 MIXED USE CLOVERLY MD 20910 1974 N/A 28,060
2,554,000 02/18/88 MAI APPRAISAL
334 1 OFFICE RICHARDSON TX 75081 1983 N/A 64,155
1,900,000 05/09/91 MAI APPRAISAL
335 1 MULTI-FAMILY LILBURN GA 30247 1980 61 66,295
2,070,810 05/14/93 MAI APPRAISAL
336 1 RETAIL TAMPA FL 33629 1983 N/A 33,050 2,900,000
07/18/88 MAI APPRAISAL
337 1 RETAIL VERONA NJ 07009 1960 N/A 180,193 5,970,000
03/17/92 MAI APPRAISAL
338 1 RETAIL WASHINGTON DC 20005 1985 N/A 14,800
2,465,000 01/03/86 MAI APPRAISAL
339 1 RETAIL CHULA VISTA CA 90210 1960 N/A 48,609
4,700,000 12/14/90 MAI APPRAISAL
340 1 MULTI-FAMILY GARDEN GROVE CA 92644 1973 61 51,210
3,300,000 07/09/86 MAI APPRAISAL
341 1 OFFICE BETHESDA MD 20817 1978 N/A 23,640 2,700,000
09/26/86 MAI APPRAISAL
342 1 OFFICE SCHAUMBURG IL 60195 1968 N/A 75,127
3,200,000 04/26/89 MAI APPRAISAL
343 1 RETAIL BOULDER CO 80301 1989 N/A 22,691 2,800,000
08/08/89 MAI APPRAISAL
344 1 INDUSTRIAL COSTA MESA CA 92627 1960 N/A 153,761
7,300,000 09/18/91 MAI APPRAISAL
345 1 LODGING OLNEY MD 20852 1978 N/A 27,726 2,400,000
04/23/86 MAI APPRAISAL
346 1 OFFICE LAKEWOOD NJ 08701 1988 N/A 55,000 3,400,000
12/09/88 MAI APPRAISAL
347 1 RETAIL CLEARWATER FL 34618 1954 N/A 75,820
2,258,576 12/13/95 MAI APPRAISAL
348 1 MULTI-FAMILY LONG BEACH CA 90814 1988 59 26,693
1,750,000 05/10/96 APPRAISAL (NON-
349 1 OFFICE SUNNYVALE CA 94086 1977 N/A 25,695
2,500,000 04/13/87 MAI APPRAISAL
350 1 RETAIL ROSWELL GA 30076 1989 N/A 19,025 2,335,000
11/17/88 MAI APPRAISAL
351 1 OFFICE BLOOMINGTON MN 55420 1987 N/A 40,200
2,400,000 01/30/90 MAI APPRAISAL
352 1 RETAIL NAPERVILLE IL 60540 1988 N/A 15,350 2,325,000
12/27/88 MAI APPRAISAL
353 1 MIXED USE LOS ANGELES CA 91423 1985 N/A 14,843
3,020,000 03/01/85 MAI APPRAISAL
354 1 MIXED USE CHARLOTTE NC 28204 1985 N/A 17,838
2,500,000 04/13/88 MAI APPRAISAL
355 1 OTHER PASADENA CA 91050 1985 13 15,955 2,162,934
01/01/96 MAI APPRAISAL
356 1 OTHER WASHINGTON TOWN NJ 07675 1987 N/A 34,125
2,132,378 01/01/96 MAI APPRAISAL
357 1 INDUSTRIAL BALTIMORE MD 21227 1976 N/A 66,211
2,750,000 02/10/89 MAI APPRAISAL
358 1 WAREHOUSE WARMINSTER PA 18974 1983 N/A 48,700
2,460,000 05/11/90 MAI APPRAISAL
359 1 INDUSTRIAL MILPITAS CA 95035 1981 N/A 35,460
2,470,000 01/04/85 MAI APPRAISAL
360 1 MIXED USE NATIONAL CITY CA 92050 1988 N/A 16,007
2,275,000 02/24/88 MAI APPRAISAL
361 1 INDUSTRIAL SCHAUMBURG IL 60173 1986 N/A 49,860
2,300,000 03/23/87 MAI APPRAISAL
362 1 OFFICE MANALAPAN NJ 07728 1988 N/A 30,848
2,055,361 12/13/95 MAI APPRAISAL
363 1 OFFICE RICHMOND CA 94804 1974 N/A 36,699 2,150,000
12/15/89 MAI APPRAISAL
364 1 INDUSTRIAL GRAND PRAIRIE TX 75050 1981 N/A 60,000
1,300,000 12/03/93 MAI APPRAISAL
365 1 MULTI-FAMILY TARZANA CA 91356 1986 24 28,144
2,300,000 03/02/87 MAI APPRAISAL
366 1 OFFICE LAKEWOOD CO 80215 1984 N/A 63,419
3,800,000 04/14/93 MAI APPRAISAL
367 1 OFFICE NOVATO CA 94948 1985 N/A 29,442 2,550,000
12/11/85 MAI APPRAISAL
368 1 MIXED USE JEFFERSON NJ 07871 1989 N/A 17,748
2,300,000 11/15/88 MAI APPRAISAL
369 1 INDUSTRIAL FREMONT CA 94538 1986 N/A 41,000
2,170,000 02/07/86 MAI APPRAISAL
370 1 RETAIL LE MESA CA 92042 1989 N/A 14,598 2,200,000
07/27/88 MAI APPRAISAL
371 1 OTHER HOUSTON TX 77033 1981 N/A 110,037 1,995,396
01/01/96 MAI APPRAISAL
372 1 OFFICE CLEAR LAKE TX 77598 1990 N/A 40,500
2,200,000 04/27/90 MAI APPRAISAL
373 1 INDUSTRIAL CAMARILLO CA 93010 1986 N/A 40,335
2,200,000 03/13/89 MAI APPRAISAL
374 1 INDUSTRIAL GRAND PRAIRIE TX 75050 1979 1 73,037
2,400,000 08/03/86 MAI APPRAISAL
375 1 MULTI-FAMILY REDMOND WA 98052 1987 40 30,992
2,300,000 03/01/89 MAI APPRAISAL
376 1 WAREHOUSE ROCKVILLE MD 20852 1968 26 44,012
2,070,000 04/25/86 MAI APPRAISAL
377 1 WAREHOUSE VOORHEES NJ 08043 1987 N/A 32,756
2,140,000 01/06/89 MAI APPRAISAL
378 1 OTHER HUNTINGTON BEAC CA 92649 1986 N/A 67,551
1,946,173 01/01/96 MAI APPRAISAL
379 1 OFFICE MOUNTAIN VIEW CA 94043 1974 N/A 43,985
2,360,000 04/21/85 MAI APPRAISAL
380 1 OFFICE COLUMBUS GA 31904 1987 N/A 24,694
2,540,000 06/22/88 MAI APPRAISAL
381 1 RETAIL GERMANTOWN MD 20874 1985 N/A 24,752
1,908,140 01/01/96 MAI APPRAISAL
382 1 RETAIL HAWAIIAN GARDEN CA 90716 1979 N/A 35,000
2,300,000 04/25/85 MAI APPRAISAL
383 1 RETAIL DAYTON BEACH SH FL 32118 1964 N/A 51,063
2,460,000 08/17/87 MAI APPRAISAL
384 1 RETAIL TAMPA FL 33801 1987 N/A 20,464 2,195,000
01/08/87 MAI APPRAISAL
385 1 OFFICE ATLANTA GA 30318 1968 N/A 47,993 2,280,000
06/11/87 MAI APPRAISAL
386 1 OFFICE SARASOTA FL 34232 1986 N/A 41,814 2,150,000
05/23/86 MAI APPRAISAL
387 1 RETAIL ELMWOOD PARK NJ 07407 1959 N/A 20,104
2,540,000 12/22/94 MAI APPRAISAL
388 1 OFFICE OAKLAND CA 94607 1985 N/A 18,000 2,000,000
10/15/85 MAI APPRAISAL
389 1 MULTI-FAMILY SNELLVILLE GA 30278 1985 40 51,437
2,100,000 02/20/90 MAI APPRAISAL
390 1 RETAIL JACKSONVILLE FL 32250 1988 N/A 19,910
2,550,000 04/29/91 MAI APPRAISAL
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ASSET PROP YEAR PROPERTY
VALUATION VALUATION
NO NO PROPERTY TYPE CITY STATE ZIP BUILT UNITS NET SF
VALUE DATE SOURCE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
<C>
391 1 MULTI-FAMILY PORTLAND OR 97233 1974 70 64,332
2,120,000 03/14/86 MAI APPRAISAL
392 1 RETAIL CHICAGO IL 60618 1987 N/A 14,000 1,945,000
02/01/88 MAI APPRAISAL
393 1 OFFICE SAN JOSE CA 95112 1982 N/A 28,668 2,000,000
05/14/86 MAI APPRAISAL
394 1 OFFICE LAFAYETTE CA 94549 1985 N/A 10,737
2,000,000 03/17/89 MAI APPRAISAL
395 1 INDUSTRIAL SOUTH EL MONTE CA 91733 1974 N/A 94,431
3,650,000 01/17/86 MAI APPRAISAL
396 1 MIXED USE LOS ANGELES CA 90004 1923 N/A 8,485
2,006,000 03/30/88 MAI APPRAISAL
397 1 RETAIL CLINTON MD 20744 1980 N/A 18,961 2,090,000
10/11/88 MAI APPRAISAL
398 1 OFFICE CHERRY HILL NJ 08034 1968 N/A 16,042 760,000
01/05/93 MAI APPRAISAL
399 1 INDUSTRIAL ONTARIO CA 91761 1987 N/A 66,122
2,010,000 01/29/88 MAI APPRAISAL
400 1 RETAIL JACKSONVILLE FL 32250 1989 N/A 20,725
2,250,000 09/26/89 MAI APPRAISAL
401 1 MULTI-FAMILY LOS ANGELES CA 90049 1969 36 44,993
3,147,000 01/14/87 MAI APPRAISAL
402 1 MIXED USE HANOVER MD 21076 1971 N/A 30,000
1,900,000 07/31/86 MAI APPRAISAL
403 1 OFFICE WEST VILLAGE CA 91361 1986 N/A 10,675
1,900,000 03/11/87 MAI APPRAISAL
404 1 OFFICE SPRINGFIELD NJ 07081 1987 N/A 13,437 1,900,000
01/20/88 MAI APPRAISAL
405 1 MIXED USE SANTA BARBARA CA 93108 1984 N/A 12,344
2,050,000 11/06/84 MAI APPRAISAL
407 1 MIXED USE ENCINO CA 91436 1980 N/A 14,406 3,055,000
03/20/84 MAI APPRAISAL
409 1 MULTI-FAMILY GULFPORT FL 33737 1964 121 75,468
3,740,000 03/01/89 MAI APPRAISAL
410 1 RETAIL BERWYN IL 60402 1983 N/A 18,138 1,770,000
08/22/89 MAI APPRAISAL
411 1 OFFICE AUSTIN TX 78704 1975 N/A 65,375 2,710,000
06/19/74 MAI APPRAISAL
412 1 OFFICE UNION CITY CA 94587 1984 N/A 53,184 3,050,000
01/31/90 MAI APPRAISAL
413 1 INDUSTRIAL GLENDALE CA 91204 1986 N/A 24,462
1,900,000 08/14/88 MAI APPRAISAL
414 1 OFFICE LAGUNA HILLS CA 92653 1984 N/A 9,775
2,000,000 01/22/85 MAI APPRAISAL
415 1 MIXED USE FRAZER PA 19355 1988 N/A 17,800 1,735,000
06/16/88 MAI APPRAISAL
416 1 MIXED USE ORLANDO FL 32815 1988 N/A 8,900
920,000 12/04/92 MAI APPRAISAL
417 1 OFFICE SPRINGFIELD VA 22153 1987 N/A 28,800
1,900,000 10/22/87 MAI APPRAISAL
418 1 OFFICE RALEIGH NC 27709 1925 N/A 22,000 2,000,000
10/01/86 MAI APPRAISAL
419 1 RETAIL LOS ANGELES CA 90025 1929 N/A 9,860
1,475,000 06/25/96 APPRAISAL (NON-
420 1 RETAIL GRESHAM OR 97030 1987 N/A 55,120 2,250,000
03/01/87 MAI APPRAISAL
421 1 OFFICE ATLANTA GA 30324 1974 N/A 34,340 2,000,000
07/21/89 MAI APPRAISAL
422 1 OTHER DECATUR GA 30035 1974 N/A 113,980 1,593,168
12/13/95 MAI APPRAISAL
423 1 WAREHOUSE ANAHEIM CA 92806 1976 N/A 51,583
2,150,000 10/23/86 MAI APPRAISAL
424 1 RETAIL PALM HARBOR FL 34684 1986 N/A 13,183
1,725,000 10/12/87 MAI APPRAISAL
425 1 OFFICE WALNUT CREEK CA 94598 1989 N/A 9,356
1,675,000 05/01/89 MAI APPRAISAL
426 1 MIXED USE TACOMA WA 98409 1989 N/A 14,700
1,700,000 10/16/89 MAI APPRAISAL
427 1 OFFICE FULLERTON CA 92635 1978 N/A 27,106
3,765,000 03/29/89 MAI APPRAISAL
428 1 RETAIL CHICAGO IL 60618 1987 N/A 9,608 1,775,000
02/01/88 MAI APPRAISAL
429 1 WAREHOUSE NORCROSS GA 30071 1976 N/A 55,860
1,815,000 01/29/88 MAI APPRAISAL
430 1 MULTI-FAMILY HOUSTON TX 77043 1972 195 N/A
2,575,000 10/05/73 MAI APPRAISAL
431 1 OFFICE HINSDALE IL 60521 1986 5 11,901 1,735,000
04/22/87 MAI APPRAISAL
432 1 MULTI-FAMILY HYATTSVILLE MD 20784 1950 315 139,962
5,900,000 06/11/90 MAI APPRAISAL
433 1 MULTI-FAMILY NEWARK DE 19711 1967 57 47,760
1,840,000 07/20/89 MAI APPRAISAL
434 1 OFFICE COLORADO SPRING CO 80906 1985 1 16,025
1,720,000 04/03/85 MAI APPRAISAL
435 1 RETAIL WASHINGTON TOWN NJ 08012 1986 N/A 22,780
1,524,443 01/01/96 MAI APPRAISAL
436 1 MIXED USE RIVERSIDE CA 92507 1983 N/A 17,580
1,700,000 03/01/86 MAI APPRAISAL
437 1 OFFICE FAIRFAX VA 22031 1972 7 35,855 2,100,000
10/30/86 MAI APPRAISAL
438 1 RETAIL KIRKLAND WA 98033 1988 N/A 13,377
1,680,000 04/05/89 MAI APPRAISAL
439 1 RETAIL CRYSTAL LAKE IL 60014 1987 N/A 14,468
1,700,500 08/10/87 MAI APPRAISAL
440 2 OFFICE LISLE IL 60532 1988 N/A 21,038 875,000
02/10/89 MAI APPRAISAL
441 1 INDUSTRIAL FREMONT CA 94538 1985 N/A 15,840
1,610,000 11/12/85 MAI APPRAISAL
442 1 WAREHOUSE TUKWILA WA 98188 1978 4 154,584
4,200,000 12/12/84 MAI APPRAISAL
443 1 OFFICE SANTA ROSA CA 95401 1977 N/A 11,020
1,690,000 10/27/86 MAI APPRAISAL
443 2 RETAIL ROHNERT PARK CA 94928 1970 N/A 10,370 N/A
N/A N/A
444 1 INDUSTRIAL SANTA CLARA CA 95051 1985 N/A 69,460
6,600,000 05/12/89 MAI APPRAISAL
445 1 INDUSTRIAL EDISON NJ 08817 1969 N/A 49,714 2,000,000
02/01/91 MAI APPRAISAL
446 1 MIXED USE MILLTOWN NJ 08850 1985 N/A 23,810
3,200,000 04/12/93 MAI APPRAISAL
447 1 OFFICE LANHAM MD 20706 1986 N/A 20,659 1,690,000
08/26/86 MAI APPRAISAL
448 1 OTHER WASHINGTON DC 20018 1987 N/A 34,077
1,400,000 01/01/96 MAI APPRAISAL
449 1 WAREHOUSE CARLSBAD CA 92009 1984 N/A 48,000
2,830,000 03/10/89 MAI APPRAISAL
450 1 RETAIL DOVER NJ 08753 1987 N/A 23,233 1,600,000
05/01/92 MAI APPRAISAL
451 1 RETAIL HOUSTON TX 77037 1980 N/A 25,258 1,430,000
10/14/94 MAI APPRAISAL
452 1 MULTI-FAMILY PORTLAND OR 97205 1930 42 39,650
1,825,000 04/13/87 MAI APPRAISAL
453 1 OFFICE LOS GATOS CA 95030 1984 N/A 11,924 1,850,000
06/08/88 MAI APPRAISAL
454 1 OFFICE ENGLEWOOD CO 80110 1980 N/A 30,332
1,530,300 08/21/86 MAI APPRAISAL
455 1 INDUSTRIAL TRACY CA 95376 N/A N/A N/A 1,600,000
01/24/84 MAI APPRAISAL
456 1 OFFICE LINCOLNWOOD IL 60646 1987 N/A 15,420
1,475,000 03/08/88 MAI APPRAISAL
457 1 MULTI-FAMILY LOS ANGELES CA 90049 1972 18 19,400
1,703,000 04/07/86 MAI APPRAISAL
458 1 OFFICE ATLANTA GA 30341 1970 N/A 44,100 1,465,000
02/28/90 MAI APPRAISAL
459 1 INDUSTRIAL PACHECO CA 94553 1985 N/A 27,529
1,700,000 01/01/90 MAI APPRAISAL
460 1 OFFICE WILMETTE IL 60091 1980 N/A 18,137 1,500,000
02/12/87 MAI APPRAISAL
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ASSET PROP YEAR PROPERTY
VALUATION VALUATION
NO NO PROPERTY TYPE CITY STATE ZIP BUILT UNITS NET SF
VALUE DATE SOURCE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
<C>
461 1 OFFICE WALNUT CREEK CA 94598 1970 N/A 12,050
1,700,000 04/10/87 MAI APPRAISAL
462 1 OFFICE SANTA BARBARA CA 93110 1967 N/A 12,270
2,200,000 04/06/88 MAI APPRAISAL
463 1 INDUSTRIAL UNION NJ 07083 1976 N/A 50,000 2,660,000
09/28/93 MAI APPRAISAL
464 1 OFFICE ALAMO CA 94507 1976 N/A 13,000 2,250,000
09/19/86 MAI APPRAISAL
465 1 OFFICE DENVER CO 80203 1964 N/A 45,426 3,205,000
11/24/86 MAI APPRAISAL
466 1 INDUSTRIAL SANTEE CA 92071 1973 N/A 34,540
1,615,000 04/04/89 MAI APPRAISAL
467 1 OFFICE DALLAS TX 75287 1982 N/A 52,615 1,750,000
04/23/90 MAI APPRAISAL
468 1 OFFICE AUSTIN TX 78701 1984 N/A 9,520 1,400,000
05/06/86 MAI APPRAISAL
469 1 RETAIL GERMANTOWN MD 20874 1984 N/A 34,274
1,278,138 12/13/95 MAI APPRAISAL
470 1 RETAIL FULLERTON CA 92631 1967 N/A 10,985
1,005,000 08/08/96 APPRAISAL (NON-
471 1 OFFICE GLEN ELLYN IL 60137 1983 N/A 11,880 1,400,000
04/18/86 MAI APPRAISAL
472 1 MIXED USE NORTHVALE NJ 07647 1962 N/A 26,000
1,500,000 08/12/88 MAI APPRAISAL
473 1 RETAIL DES PLAINES IL 60018 1987 N/A 10,005 1,400,000
02/22/88 MAI APPRAISAL
474 1 INDUSTRIAL VISTA CA 92083 1988 N/A 21,086 1,400,000
03/23/89 MAI APPRAISAL
475 1 OFFICE SANTA ROSA CA 95401 1980 N/A 23,457
1,450,000 01/19/87 MAI APPRAISAL
476 1 WAREHOUSE RANCHO CORDOVA CA 95670 1984 N/A 38,400
1,350,000 01/24/90 MAI APPRAISAL
477 1 OFFICE LA MESA CA 91942 1980 N/A 16,027 1,340,000
01/29/86 MAI APPRAISAL
478 1 RETAIL WEST COVINA CA 91791 1967 N/A 10,867
1,550,000 06/05/87 MAI APPRAISAL
479 1 OFFICE CHAMBLEE GA 30084 1968 N/A 60,467
1,600,000 10/11/84 MAI APPRAISAL
480 1 INDUSTRIAL ROSWELL GA 30201 1984 N/A 16,864
1,300,000 06/18/87 MAI APPRAISAL
481 1 INDUSTRIAL TRACY CA 95376 1981 N/A 50,000
1,400,000 01/01/84 MAI APPRAISAL
482 1 OFFICE SAN FRANCISCO CA 94100 1981 N/A 97,229
9,700,000 10/18/93 MAI APPRAISAL
483 1 OFFICE HANOVER MD 21076 1974 N/A 15,040 1,413,000
11/20/87 MAI APPRAISAL
484 1 MULTI-FAMILY HOUSTON TX 77067 1979 160 108,512
1,230,170 06/01/92 MAI APPRAISAL
485 1 MIXED USE SANTA ANA CA 92704 1982 29 27,860
1,350,000 01/29/86 MAI APPRAISAL
486 1 OFFICE CASTRO VALLEY CA 94546 1987 N/A 8,056
1,500,000 07/01/89 MAI APPRAISAL
487 1 INDUSTRIAL CARLSBAD CA 92008 1970 N/A 103,700
4,600,000 10/15/86 MAI APPRAISAL
488 1 OFFICE BAKERSFELD CA 93309 1987 N/A 30,053
1,186,708 08/03/92 PROSPECTUS
489 1 MULTI-FAMILY SANTA ROSA CA 95406 1971 32 17,280
1,250,000 05/08/86 MAI APPRAISAL
490 1 WAREHOUSE ORANGE CA 92667 1971 N/A 41,600
1,382,000 07/26/93 MAI APPRAISAL
491 1 MIXED USE SARASOTA FL 34232 1988 10 18,507
1,200,000 04/21/88 MAI APPRAISAL
492 1 OFFICE CARLSBAD CA 92009 1981 N/A 18,000 3,150,000
05/01/90 MAI APPRAISAL
493 1 MIXED USE LOS ANGELES CA 91423 1986 N/A 7,125
1,500,000 11/15/85 MAI APPRAISAL
494 1 MIXED USE FORT WORTH TX 76114 1978 N/A 21,658
1,390,000 06/15/81 MAI APPRAISAL
495 1 OFFICE LAWRENCEVILLE GA 30245 1988 N/A 13,000
1,170,000 03/31/88 MAI APPRAISAL
496 1 MULTI-FAMILY SAN ANTONIO TX 78229 1977 74 48,420
1,230,000 07/07/78 MAI APPRAISAL
497 1 MIXED USE WESTLAKE VILLAG CA 91362 1985 N/A 18,725
1,450,000 04/01/93 MAI APPRAISAL
498 1 INDUSTRIAL SAN RAMON CA 94583 1982 N/A 21,089
1,200,000 08/21/86 MAI APPRAISAL
499 1 OFFICE SEATTLE WA 98119 1960 N/A 44,695 3,050,000
07/17/92 MAI APPRAISAL
500 1 RETAIL PLANO TX 75023 1986 N/A 6,300 1,070,000
08/01/86 MAI APPRAISAL
501 1 RETAIL CREST HILL IL 60435 1961 1 28,000 750,000
08/21/96 APPRAISAL (NON-
502 1 OFFICE LAKE OSWEGO OR 97035 1981 N/A 15,869
1,150,000 03/03/86 MAI APPRAISAL
503 1 MIXED USE LOS ANGELES CA 90010 1932 N/A 10,480
2,195,000 12/13/85 MAI APPRAISAL
504 1 OFFICE WASHINGTON DC 20036 1900 N/A 5,385
1,200,000 05/18/88 MAI APPRAISAL
505 1 OFFICE AUSTELL GA 30001 1990 N/A 29,547 1,350,000
04/25/90 MAI APPRAISAL
506 1 RETAIL BATAVIA IL 60510 1987 N/A 11,160 1,400,000
12/01/87 MAI APPRAISAL
507 1 RETAIL FOX LAKE IL 60020 1986 N/A 19,430 1,075,000
11/30/92 MAI APPRAISAL
508 1 RETAIL MARIETTA GA 30064 1983 N/A 15,600 919,110
12/13/95 MAI APPRAISAL
509 1 OFFICE RIVERSIDE CA 92506 1984 N/A 13,031 1,100,000
01/25/85 MAI APPRAISAL
510 1 OFFICE GLENDALE CA 91204 1989 N/A 9,800 1,000,000
03/06/89 MAI APPRAISAL
511 1 OFFICE ORANGE CA 92666 1909 N/A 11,612 1,000,000
01/24/85 MAI APPRAISAL
512 1 OFFICE CARROLLTON TX 75006 1987 N/A 28,000
980,000 02/03/87 MAI APPRAISAL
513 1 OFFICE WHITEMARSH PA 19462 1988 N/A 8,400
965,000 03/13/89 MAI APPRAISAL
514 1 MULTI-FAMILY HYATTSVILLE MD 20784 1957 105 81,051
3,100,000 06/11/90 MAI APPRAISAL
515 1 RETAIL SAN ANTONIO TX 78217 1984 N/A 46,218
1,100,000 12/20/91 MAI APPRAISAL
516 1 OFFICE HOUSTON TX 77084 1978 N/A 60,100 1,312,000
11/15/78 MAI APPRAISAL
517 1 MULTI-FAMILY TAMPA FL 33604 1984 49 33,568
867,919 01/01/96 MAI APPRAISAL
518 1 MULTI-FAMILY LOS ANGELES CA 90035 1965 24 14,112
1,520,000 01/14/87 MAI APPRAISAL
519 1 MULTI-FAMILY LOS ANGELES CA 90025 1966 21 26,372
1,575,000 01/14/87 MAI APPRAISAL
520 1 RETAIL CREST HILL IL 60435 1961 1 60,000 650,000
08/21/96 APPRAISAL (NON-
521 1 OFFICE DENVER CO 80203 1957 N/A 14,864 1,321,000
03/06/87 MAI APPRAISAL
522 1 MIXED USE WASHINGTON DC 20036 1925 N/A 3,000
1,100,000 05/14/87 MAI APPRAISAL
523 1 RETAIL AUSTIN TX 78758 1883 N/A 29,898 1,570,000
01/16/92 MAI APPRAISAL
524 1 RETAIL PORTLAND OR 97266 1983 N/A 13,916 1,275,000
11/03/86 MAI APPRAISAL
525 1 RETAIL LEWISVILLE TX 75067 1984 N/A 15,539 965,000
02/28/92 MAI APPRAISAL
526 1 MIXED USE VALRICO FL 33594 1988 N/A 19,597 850,000
12/30/91 MAI APPRAISAL
527 1 OFFICE ATLANTA GA 30342 1984 N/A 9,150 851,000
07/25/85 MAI APPRAISAL
528 1 OFFICE SANTA BARBARA CA 93101 1982 N/A 5,550
950,000 03/24/87 MAI APPRAISAL
529 1 OFFICE SAN ANTONIO TX 78217 1983 N/A 30,373
850,000 12/20/91 MAI APPRAISAL
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
ASSET PROP YEAR PROPERTY
VALUATION VALUATION
NO NO PROPERTY TYPE CITY STATE ZIP BUILT UNITS NET SF
VALUE DATE SOURCE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
<C>
530 1 OFFICE DENVER CO 80207 1973 N/A 48,484 1,260,000
05/16/86 MAI APPRAISAL
531 1 INDUSTRIAL LYNDHURST NJ 07071 1968 N/A 30,000
2,400,000 05/04/90 MAI APPRAISAL
532 1 OFFICE ORLANDO FL 32824 1988 N/A 29,550 1,000,000
09/23/88 MAI APPRAISAL
533 1 RETAIL MULWAUKIE OR 97267 1987 N/A 10,400
1,010,000 05/06/87 MAI APPRAISAL
534 1 MULTI-FAMILY JACINTO CITY TX 77029 1975 122 88,320
1,570,000 02/12/74 MAI APPRAISAL
535 1 OFFICE RENTON WA 98055 1979 N/A 21,218 1,550,000
11/01/85 MAI APPRAISAL
536 1 RETAIL SAN BERNARDINO CA 92410 1987 N/A 5,900
834,000 02/09/87 MAI APPRAISAL
537 1 OFFICE PORTLAND OR 97210 1971 N/A 46,386 1,010,000
08/15/86 MAI APPRAISAL
538 1 OFFICE LOS ANGELES CA 90041 1966 N/A 8,500 897,140
02/07/95 MAI APPRAISAL
539 1 MULTI-FAMILY AUSTIN TX 78741 1973 112 87,660
1,690,000 01/17/73 MAI APPRAISAL
540 1 RETAIL SAN ANTONIO TX 78245 1984 N/A 20,028
1,150,000 12/19/91 MAI APPRAISAL
541 1 WAREHOUSE ANAHEIM CA 92806 1978 N/A 16,800
770,000 09/23/86 MAI APPRAISAL
542 1 OFFICE DELRAN NJ 08075 1972 N/A 34,707 1,165,000
07/22/88 MAI APPRAISAL
543 1 OFFICE CARROLLTON TX 75212 1983 N/A 44,800
840,000 11/07/91 MAI APPRAISAL
544 1 INDUSTRIAL IRVING TX 75060 1979 N/A 40,000 925,000
11/29/88 MAI APPRAISAL
545 1 OTHER ATLANTA GA 30336 1975 N/A N/A 1,075,700
02/01/96 PROSPECTUS
546 1 MULTI-FAMILY ATLANTA GA 30305 1962 40 33,960
1,195,000 06/29/87 MAI APPRAISAL
547 1 RETAIL CHULA VISTA CA 92002 1982 N/A 22,777
2,920,000 12/05/94 MAI APPRAISAL
548 1 RETAIL HOUSTON TX 77084 1982 N/A 19,195 525,000
12/20/91 MAI APPRAISAL
549 1 OFFICE HOUSTON TX 77043 1982 N/A 30,498 760,000
03/01/91 MAI APPRAISAL
550 1 OFFICE SPOKANE WA 99212 1985 N/A 8,900 735,000
06/01/86 MAI APPRAISAL
551 1 OTHER LAKEWOOD NJ 08701 1989 N/A 37,500 495,628
12/13/95 MAI APPRAISAL
552 1 WAREHOUSE ALPHARETTA GA 30340 1985 N/A 13,644
770,000 11/10/86 MAI APPRAISAL
553 1 MIXED USE DENVER CO 80202 1888 N/A 14,739
500,000 04/05/92 MAI APPRAISAL
554 1 OFFICE ATLANTA GA 30354 1958 N/A 34,805 550,000
08/05/87 MAI APPRAISAL
555 1 OFFICE DALLAS TX 75231 1981 N/A 6,811 475,000
04/30/81 MAI APPRAISAL
556 1 OFFICE SKOKIE IL 60077 1969 N/A 12,500 825,000
02/01/96 PROSPECTUS
557 1 INDUSTRIAL SANTA ROSA CA 95401 1984 N/A 10,950
685,000 05/10/89 MAI APPRAISAL
558 1 RETAIL CHICAGO IL 60634 1987 N/A 8,053 417,141
12/13/95 MAI APPRAISAL
559 1 MIXED USE AUSTIN TX 78723 1985 N/A 15,443 445,000
01/16/92 MAI APPRAISAL
560 1 RETAIL NEWHALL CA 91321 1977 N/A 28,556 2,690,000
10/10/84 MAI APPRAISAL
561 1 OFFICE EAGLEWOOD CO 80112 1984 N/A 7,956
279,000 01/10/92 MAI APPRAISAL
562 1 INDUSTRIAL SAN ANTONIO TX 78218 1982 N/A 16,284
250,000 12/20/91 MAI APPRAISAL
563 1 RETAIL RICHARDSON TX 75081 1983 N/A 6,176
1,400,000 03/17/87 MAI APPRAISAL
564 1 INDUSTRIAL SAN ANTONIO TX 78265 1983 1 8,619
150,000 12/20/91 MAI APPRAISAL
</TABLE>
<PAGE>
MIDLAND LOAN SERVICES, L.P. - MASTER SERVICER
LOAN PORTFOLIO ANALYSIS SYSTEM - PROPERTY PERFORMANCE
PORTFOLIO: SASCO SERIES 1996 CFL
REPORTING PERIOD: OCTOBER, 1996
DATE PRINTED: 28-OCT-96
<TABLE>
<CAPTION>
BASELINE OR MOST YTD YTD
ASSET PROP MOST RECENT NOI RECENT YTD PERIOD PERIOD
PERCENT
NO NO ANNUAL NOI AS OF NOI SOURCE NOI BEGIN ENDING
YTD NOI SOURCE OCCUPIED AS OF
<S> <C> <C> <C> <C> <C> <C> <C> <C>
<C> <C>
001 1 5,276,432 12/31/95 BORROWER 5,364,899 1/1/95 12/31/95
BORROWER 91.6% 9/11/96
002 1 3,454,052 12/31/95 BORROWER 3,627,565 1/1/95 12/31/95
BORROWER 97.0% 11/16/95
003 1 3,163,200 12/31/95 BORROWER 3,295,000 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
004 1 2,960,199 12/31/95 PROPERTY MANAGER 1,352,332 1/1/96 7/31/96
BORROWER 83.0% 10/14/96
005 1 3,311,897 12/31/94 1994 Operating Sta 1,892,683 6/1/95 12/31/95
BORROWER 94.0% 12/31/95
006 1 2,153,255 2/14/96 1995 Static Analys 1,218,479 1/1/96 8/31/96
BORROWER 80.0% 3/16/96
007 1 2,197,293 2/14/96 1994 Normalized An 1,512,157 1/1/96 8/31/96
BORROWER 97.6% 8/25/96
008 1 2,580,604 12/31/95 BORROWER TAX RETUR 2,716,876 1/1/95 12/31/95
BORROWER TAX RETURN 97.0% 6/1/95
009 1 1,301,646 12/31/94 1994 Operating Sta 1,301,646 1/1/94 12/31/94 1994
Operating Stat 95.0% 6/15/95
009 2 1,106,310 12/31/94 1994 Operating Sta 1,106,310 1/1/94 12/31/94 1994
Operating Stat 94.0% 6/14/95
010 1 423,000 12/31/95 BORROWER 423,000 1/1/95 12/31/95
BORROWER 86.0% 3/31/96
010 2 1,163,000 12/31/95 BORROWER 1,163,000 1/1/95 12/31/95
BORROWER 99.0% 3/31/96
010 3 536,000 12/31/95 BORROWER 536,000 1/1/95 12/31/95
BORROWER 92.6% 3/31/96
010 4 255,000 12/31/95 BORROWER 255,000 1/1/95 12/31/95
BORROWER 96.0% 3/31/96
011 1 2,873,080 12/31/95 BORROWER 3,020,640 1/1/95 12/31/95
BORROWER 90.0% 6/15/95
012 1 2,187,232 12/31/94 1994 Operating Sta 2,187,232 1/1/94 12/31/94 1994
Operating Stat 98.0% 6/1/95
013 1 2,442,251 12/31/95 BORROWER 2,588,701 1/1/95 12/31/95
BORROWER 100.0% 3/26/96
014 1 2,310,409 12/31/95 BORROWER 2,266,320 1/1/95 12/31/95
BORROWER 97.3% 12/31/95
015 1 2,542,489 12/31/95 BORROWER 2,707,934 1/1/95 12/31/95
BORROWER 100.0% 6/24/95
016 1 2,208,039 12/31/95 BORROWER 1,107,259 1/1/96 6/30/96
BORROWER 99.0% 3/8/96
017 1 1,544,858 12/31/95 BORROWER 1,362,468 1/1/96 8/31/96
BORROWER 96.2% 8/5/96
018 1 1,641,810 2/14/96 1994 Normalized An 1,271,682 1/1/96 8/31/96
PROPERTY MANAGER 51.0% 3/11/96
019 1 2,768,642 12/31/95 BORROWER 2,985,736 1/1/95 12/31/95
BORROWER 100.0% 9/23/96
020 1 2,050,330 12/31/95 BORROWER 1,546,873 1/1/96 8/31/96
BORROWER 98.0% 3/26/96
021 1 1,528,456 2/14/96 1994 Normalized An 1,091,095 1/1/96 8/31/96
BORROWER 96.8% 4/30/96
022 1 2,352,314 12/31/95 BORROWER 2,459,098 1/1/95 12/31/95
BORROWER 96.0% 12/31/95
023 1 1,646,240 12/31/95 BORROWER 1,669,944 1/1/95 12/31/95
BORROWER 100.0% 3/21/96
024 1 1,240,177 12/31/95 BORROWER 1,242,485 1/1/95 12/31/95
BORROWER 96.0% 12/6/95
025 1 1,393,952 12/31/95 BORROWER 504,297 1/1/96 4/30/96
BORROWER 97.7% 6/1/96
026 1 2,610,780 12/31/95 BORROWER 2,610,495 1/1/95 12/31/95
BORROWER 88.5% 12/31/95
027 1 1,319,266 12/31/95 BORROWER 1,346,790 1/1/95 12/31/95
BORROWER 94.4% 6/24/96
028 1 1,243,077 12/31/95 BORROWER 1,289,130 1/1/95 12/31/95
BORROWER 100.0% 2/10/96
029 1 1,282,963 12/31/95 BORROWER 1,287,700 1/1/95 12/31/95
BORROWER 99.0% 3/30/95
030 1 1,665,536 12/31/94 1994 Operating Sta 788,958 8/1/95 12/31/95
BORROWER 98.0% 1/1/96
031 1 1,361,074 12/31/95 BORROWER 1,497,776 1/1/95 12/31/95
BORROWER 93.0% 2/29/96
032 1 1,300,180 12/31/95 BORROWER 1,280,075 1/1/95 12/31/95
BORROWER 90.5% 2/29/96
033 1 1,395,111 12/31/95 BORROWER 1,424,506 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
034 1 1,449,903 12/31/94 1994 Operating Sta 1,449,903 1/1/94 12/31/94 1994
Operating Stat 95.0% 3/31/96
035 1 1,359,870 12/31/95 PROPERTY MANAGER 1,451,834 1/1/95 12/31/95
PROPERTY MANAGER 100.0% 2/1/96
037 1 1,280,580 12/31/95 BORROWER 1,280,580 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
038 1 748,988 12/31/94 1994 Operating Sta 748,988 1/1/94 12/31/94 1994
Operating Stat 100.0% 5/18/95
039 1 1,039,341 12/31/95 BORROWER 1,078,613 1/1/95 12/31/95
BORROWER 98.0% 12/31/95
040 1 1,325,282 12/31/95 BORROWER 1,325,870 1/1/95 12/31/95
BORROWER 93.0% 5/25/96
041 1 1,230,208 12/31/95 BORROWER 1,421,791 1/1/95 12/31/95
BORROWER 94.0% 3/27/96
042 1 1,129,784 12/31/95 BORROWER 1,176,267 1/1/95 12/31/95
BORROWER 99.0% 2/1/96
043 1 801,094 12/31/95 BORROWER 801,123 1/1/95 12/31/95
BORROWER 86.8% 5/30/96
044 1 336,715 12/31/95 BORROWER 356,653 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
044 2 152,522 12/31/95 BORROWER 161,685 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
044 3 133,673 12/31/95 BORROWER 143,337 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
044 4 211,105 12/31/95 BORROWER 217,128 1/1/95 12/31/95
BORROWER 94.0% 12/31/95
044 5 195,432 12/31/95 BORROWER 210,356 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
045 1 1,134,945 12/31/93 1993 Operating Sta 994,318 1/1/94 11/30/94 1994
Operating Stat 100.0% 12/31/94
046 1 1,117,299 12/31/95 BORROWER 1,099,077 1/1/95 12/31/95
BORROWER 100.0% 12/29/95
047 1 1,297,805 12/31/95 BORROWER 1,311,727 1/1/95 12/31/95
BORROWER 99.0% 4/1/96
048 1 1,059,817 12/31/95 BORROWER 544,212 1/1/96 6/30/96
BORROWER 99.0% 3/31/96
049 1 984,197 12/31/95 BORROWER 984,197 1/1/95 12/31/95
BORROWER 92.8% 12/31/95
050 1 1,160,363 12/31/95 BORROWER 594,003 1/1/96 7/31/96
BORROWER 100.0% 8/31/96
051 1 1,252,099 12/31/95 BORROWER 1,273,016 1/1/95 12/31/95
BORROWER 99.0% 5/30/96
052 1 980,833 12/31/95 CPA 976,411 1/1/95 12/31/95 CPA
91.0% 3/1/96
053 1 1,720,477 12/31/94 1994 Operating Sta 1,449,202 1/1/94 12/31/94 1994
Operating Stat 95.0% 8/1/96
054 1 810,295 12/31/94 1994 Operating Sta 810,295 1/1/94 12/31/94 1994
Operating Stat 99.0% 6/19/95
055 1 1,007,651 12/31/95 BORROWER 1,018,831 1/1/95 12/31/95
BORROWER 79.0% 4/12/96
056 1 1,072,112 12/31/95 BORROWER 1,086,390 1/1/95 12/31/95
BORROWER 100.0% 7/15/95
057 1 964,376 12/31/95 BORROWER 1,077,758 1/1/95 12/31/95
BORROWER 98.0% 1/22/96
058 1 910,807 12/31/95 BORROWER 561,434 1/1/96 7/31/96
BORROWER 87.0% 3/1/96
059 1 1,105,205 12/31/95 BORROWER 1,110,078 1/1/95 12/31/95
BORROWER 97.0% 6/12/95
060 1 982,251 12/31/95 BORROWER 979,327 1/1/95 12/31/95
BORROWER 100.0% 5/28/96
061 1 995,905 12/31/95 BORROWER 1,058,865 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
BASELINE OR MOST YTD YTD
ASSET PROP MOST RECENT NOI RECENT YTD PERIOD PERIOD
PERCENT
NO NO ANNUAL NOI AS OF NOI SOURCE NOI BEGIN ENDING
YTD NOI SOURCE OCCUPIED AS OF
<S> <C> <C> <C> <C> <C> <C> <C> <C>
<C> <C>
062 1 932,888 12/31/95 BORROWER 935,972 1/1/95 12/31/95
BORROWER 100.0% 1/12/96
063 1 947,304 12/31/95 BORROWER 954,640 1/1/95 12/31/95
BORROWER 100.0% 2/1/96
064 1 1,333,124 12/31/95 BORROWER 1,338,762 1/1/95 12/31/95
BORROWER 100.0% 5/16/96
065 1 946,387 12/31/95 BORROWER 937,353 1/1/95 12/31/95
BORROWER 100.0% 2/1/96
066 1 961,094 12/31/95 BORROWER 188,991 1/1/96 3/31/96
BORROWER 100.0% 4/5/96
067 1 940,773 12/31/95 BORROWER 911,884 1/1/95 12/31/95
BORROWER 88.0% 7/12/95
068 1 784,700 12/31/95 BORROWER 784,700 1/1/95 12/31/95
BORROWER 100.0% 11/28/95
069 1 528,881 2/14/96 1994 Normalized An 323,477 1/1/96 6/30/96
BORROWER 88.0% 1/18/96
070 1 818,416 12/31/95 CPA 816,714 1/1/95 12/31/95 CPA
93.0% 4/1/96
071 1 747,427 12/31/95 BORROWER 745,515 1/1/95 12/31/95
BORROWER 99.0% 1/1/96
072 1 820,343 12/31/94 1994 Operating Sta 548,807 6/1/95 12/31/95
BORROWER 98.0% 12/31/95
073 1 1,098,477 12/31/95 BORROWER 1,093,511 1/1/95 12/31/95
BORROWER 97.0% 3/20/96
074 1 1,035,028 12/31/95 BORROWER 1,058,004 1/1/95 12/31/95
BORROWER 100.0% 7/23/96
075 1 862,154 12/31/95 BORROWER 1,041,774 1/1/95 12/31/95
BORROWER 100.0% 3/31/96
076 1 811,699 12/31/95 BORROWER 837,094 1/1/95 12/31/95
BORROWER 100.0% 10/31/95
077 1 767,025 2/14/96 1994 Normalized An 400,384 1/1/96 7/31/96 SPECIAL
SERVICER 96.0% 10/14/96
078 1 649,617 12/31/95 BORROWER 651,899 1/1/95 12/31/95
BORROWER 97.0% 2/28/96
079 1 755,848 12/31/95 BORROWER 759,012 1/1/95 12/31/95
BORROWER 100.0% 6/11/96
080 1 1,100,478 12/31/95 BORROWER 1,089,989 1/1/95 12/31/95
BORROWER 100.0% 6/1/95
081 1 834,211 12/31/95 PROPERTY MANAGER 834,502 1/1/95 12/31/95
PROPERTY MANAGER 94.0% 3/20/96
082 1 662,707 12/31/95 BORROWER 677,100 1/1/95 12/31/95
BORROWER 98.0% 12/20/95
083 1 673,493 12/31/95 PROPERTY MANAGER 671,393 1/1/95 12/31/95
PROPERTY MANAGER 92.0% 2/22/96
084 1 673,292 12/31/95 BORROWER 576,369 1/1/96 7/31/96
BORROWER 98.0% 8/9/96
085 1 927,961 12/31/95 BORROWER 977,436 1/1/95 12/31/95
BORROWER 84.1% 2/27/96
086 1 800,552 12/31/95 BORROWER 778,671 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
087 1 761,552 12/31/95 BORROWER 762,730 1/1/95 12/31/95
BORROWER 100.0% 6/7/95
088 1 193,044 12/31/95 BORROWER 189,111 1/1/95 12/31/95
BORROWER 96.0% 1/20/96
088 2 413,286 12/31/95 BORROWER 415,309 1/1/95 12/31/95
BORROWER 98.0% 12/20/95
088 3 73,592 12/31/95 BORROWER 73,815 1/1/95 12/31/95
BORROWER 98.0% 12/20/95
088 4 155,990 12/31/95 BORROWER 156,783 1/1/95 12/31/95
BORROWER 98.0% 12/20/95
088 5 152,136 12/31/95 BORROWER 152,577 1/1/95 12/31/95
BORROWER 98.0% 12/20/95
088 6 105,320 12/31/95 BORROWER 105,178 1/1/95 12/31/95
BORROWER 98.0% 12/24/95
088 7 49,007 12/31/95 BORROWER 49,507 1/1/95 12/31/95
BORROWER 98.0% 12/20/95
088 8 70,322 12/31/95 BORROWER 70,949 1/1/95 12/31/95
BORROWER 98.0% 12/20/95
089 1 N/A N/A N/A N/A N/A N/A N/A
100.0% 8/8/96
090 1 819,989 12/31/95 PROPERTY MANAGER 681,486 1/1/95 12/31/95
PROPERTY MANAGER 100.0% 2/23/96
091 1 826,191 12/31/95 BORROWER 812,763 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
093 1 754,879 12/31/95 BORROWER 754,596 1/1/95 12/31/95
BORROWER 100.0% 5/16/96
094 1 1,031,560 12/31/95 BORROWER 1,031,408 1/1/95 12/31/95
BORROWER 100.0% 2/21/96
095 1 746,126 12/31/95 BORROWER 761,630 1/1/95 12/31/95
BORROWER 93.0% 2/13/96
096 1 1,764,061 12/31/95 BORROWER 1,764,061 1/1/95 12/31/95
BORROWER 99.0% 8/23/96
097 1 961,389 12/31/95 BORROWER 918,749 1/1/95 12/31/95
BORROWER 100.0% 3/21/96
099 1 690,399 12/31/95 BORROWER 717,625 1/1/95 12/31/95
BORROWER 91.0% 5/1/95
100 1 673,931 12/31/95 BORROWER 709,308 1/1/95 12/31/95
BORROWER 96.0% 8/31/95
101 1 604,517 12/31/95 BORROWER 618,535 1/1/95 12/31/95
BORROWER 71.6% 12/19/95
102 1 731,901 12/31/95 BORROWER 766,103 1/1/95 12/31/95
BORROWER 100.0% 6/1/95
103 1 662,900 12/31/95 BORROWER 713,000 1/1/95 12/31/95
BORROWER 91.0% 12/31/95
104 1 524,988 8/31/95 BORROWER 538,931 9/1/94 8/31/95
BORROWER 94.2% 7/1/96
105 1 723,270 12/31/95 BORROWER 721,726 1/1/95 12/31/95
BORROWER 100.0% 2/23/96
106 1 1,061,866 12/31/95 BORROWER 1,061,866 1/1/95 12/31/95
BORROWER 86.0% 3/24/95
106 2 N/A N/A N/A N/A N/A N/A N/A
84.2% 12/31/95
108 1 697,049 12/31/95 BORROWER 791,126 1/1/95 12/31/95
BORROWER 98.0% 6/1/95
109 1 615,793 12/31/93 1993 Operating Sta 615,793 1/1/93 12/31/93 1993
Operating Stat 100.0% 6/16/95
110 1 971,312 12/31/95 BORROWER 1,013,712 1/1/95 12/31/95
BORROWER 100.0% 2/1/96
111 1 460,228 12/31/95 BORROWER 493,277 1/1/95 12/31/95
BORROWER 100.0% 5/31/96
112 1 730,913 12/31/95 BORROWER 728,533 1/1/95 12/31/95
BORROWER 100.0% 3/1/96
112 2 140,624 12/31/95 BORROWER 140,482 1/1/95 12/31/95
BORROWER 100.0% 3/1/96
113 1 497,811 12/31/95 BORROWER 519,722 1/1/95 12/31/95
BORROWER 80.0% 1/31/96
114 1 N/A 2/14/96 Collateral File N/A N/A N/A N/A
95.0% 6/23/95
114 2 N/A N/A N/A N/A N/A N/A N/A
100.0% 8/9/95
115 1 571,160 12/31/95 BORROWER 598,075 1/1/95 12/31/95
BORROWER 94.6% 3/1/96
116 1 709,345 12/31/94 1994 Operating Sta 709,345 1/1/94 12/31/94 1994
Operating Stat 81.0% 5/31/95
117 1 500,209 12/31/95 BORROWER 563,868 1/1/95 12/31/95
BORROWER 100.0% 3/27/96
118 1 564,179 12/31/95 BORROWER 564,179 1/1/95 12/31/95
BORROWER 100.0% 3/18/96
119 1 602,472 12/31/95 BORROWER 602,472 1/1/95 12/31/95
BORROWER 100.0% 3/12/96
120 1 446,689 12/31/94 1994 Operating Sta 446,689 1/1/94 12/31/94 1994
Operating Stat 84.0% 6/10/95
121 1 628,653 12/31/95 BORROWER 185,383 1/1/96 4/30/96
BORROWER 96.3% 3/6/96
122 1 611,182 12/31/95 BORROWER 611,220 1/1/95 12/31/95
BORROWER 100.0% 3/26/96
123 1 678,673 12/31/95 BORROWER 723,057 1/1/95 12/31/95
BORROWER 100.0% 6/30/95
124 1 607,955 12/31/94 1994 Operating Sta 607,955 1/1/94 12/31/94 1994
Operating Stat 100.0% 6/17/95
125 1 349,075 12/31/95 BORROWER 403,744 1/1/95 12/31/95
BORROWER 84.1% 12/31/95
126 1 989,392 12/31/94 1994 Operating Sta 989,392 1/1/94 12/31/94 1994
Operating Stat 92.0% 6/26/95
127 1 537,625 8/31/95 BORROWER 557,517 9/1/94 8/31/95
BORROWER 90.0% 6/14/95
128 1 639,800 12/31/95 BORROWER 639,083 1/1/95 12/31/95
BORROWER 96.0% 3/26/96
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
BASELINE OR MOST YTD YTD
ASSET PROP MOST RECENT NOI RECENT YTD PERIOD PERIOD
PERCENT
NO NO ANNUAL NOI AS OF NOI SOURCE NOI BEGIN ENDING
YTD NOI SOURCE OCCUPIED AS OF
<S> <C> <C> <C> <C> <C> <C> <C> <C>
<C> <C>
129 1 602,741 12/31/95 BORROWER 597,942 1/1/95 12/31/95
BORROWER 100.0% 3/1/96
130 1 505,640 12/31/95 BORROWER 488,518 1/1/95 12/31/95
BORROWER 80.0% 2/28/95
131 1 517,194 12/31/93 1993 Operating Sta 291,168 7/1/95 12/31/95
BORROWER 97.0% 12/31/95
132 1 608,273 12/31/95 BORROWER 614,684 1/1/95 12/31/95
BORROWER 98.8% 12/31/95
133 1 527,734 12/31/95 BORROWER 532,240 1/1/95 12/31/95
BORROWER 100.0% 3/18/96
134 1 N/A 2/14/96 Single Tenant's le N/A N/A N/A N/A
100.0% 11/18/95
135 1 581,528 2/14/96 1994 Normalized An 538,292 1/1/96 8/31/96
BORROWER 92.0% 6/15/95
136 1 643,070 12/31/95 BORROWER 642,813 1/1/95 12/31/95
BORROWER 100.0% 5/16/96
137 1 448,629 12/31/95 BORROWER 458,883 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
138 1 681,226 12/31/95 BORROWER 713,319 1/1/95 12/31/95
BORROWER 97.0% 6/14/96
139 1 520,110 12/31/95 BORROWER 517,307 1/1/95 12/31/95
BORROWER 87.0% 6/15/95
140 1 519,873 12/31/95 BORROWER 536,622 1/1/95 12/31/95
BORROWER 100.0% 6/13/96
141 1 425,931 12/31/95 BORROWER 412,723 1/1/95 12/31/95
BORROWER 100.0% 6/18/96
142 1 603,079 12/31/95 BORROWER 628,519 1/1/95 12/31/95
BORROWER 100.0% 6/15/95
143 1 623,888 12/31/95 BORROWER 641,633 1/1/95 12/31/95
BORROWER 100.0% 2/21/96
144 1 640,551 12/31/94 1994 Operating Sta 640,551 1/1/94 12/31/94 1994
Operating Stat 100.0% 6/16/95
145 1 537,899 12/31/95 BORROWER 551,986 1/1/95 12/31/95
BORROWER 100.0% 5/28/96
146 1 517,168 12/31/95 BORROWER 563,337 1/1/95 12/31/95
BORROWER 98.0% 7/3/95
147 1 2,298,004 12/31/95 BORROWER 2,551,695 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
148 1 557,583 12/31/95 BORROWER 543,061 1/1/95 12/31/95
BORROWER 98.6% 2/28/96
149 1 571,307 3/31/96 BORROWER 567,410 4/1/95 3/31/96
BORROWER 58.0% 6/17/95
150 1 534,306 12/31/95 BORROWER 551,833 1/1/95 12/31/95
BORROWER 78.9% 12/31/95
151 1 533,494 12/31/95 BORROWER TAX RETUR 561,895 1/1/95 12/31/95
BORROWER TAX RETURN 98.0% 7/17/95
152 1 541,369 12/31/95 BORROWER 556,456 1/1/95 12/31/95
BORROWER 89.0% 6/6/95
153 1 438,128 12/31/95 BORROWER 462,347 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
154 1 592,108 12/31/95 BORROWER 634,464 1/1/95 12/31/95
BORROWER 100.0% 4/23/96
155 1 547,170 12/31/95 BORROWER 541,655 1/1/95 12/31/95
BORROWER 97.9% 2/28/96
156 1 1,163,123 12/31/94 1994 Operating Sta 1,163,123 1/1/94 12/31/94 1994
Operating Stat 99.0% 3/9/95
157 1 380,596 12/31/95 BORROWER 376,457 1/1/95 12/31/95
BORROWER 80.0% 6/1/96
158 1 539,645 12/31/95 BORROWER 539,645 1/1/95 12/31/95
BORROWER 100.0% 11/15/95
159 1 263,151 12/31/95 BORROWER 271,013 1/1/95 12/31/95
BORROWER 86.0% 1/1/96
160 1 1,353,807 12/31/95 BORROWER 1,445,277 1/1/95 12/31/95
BORROWER 100.0% 2/28/96
161 1 630,279 12/31/95 BORROWER 632,868 1/1/95 12/31/95
BORROWER 100.0% 2/1/96
162 1 564,045 12/31/95 BORROWER TAX RETUR 614,354 1/1/95 12/31/95
BORROWER TAX RETURN 100.0% 7/24/96
163 1 540,331 12/31/95 BORROWER 580,940 1/1/95 12/31/95
BORROWER 100.0% 3/14/96
164 1 476,664 12/31/95 BORROWER 480,505 1/1/95 12/31/95
BORROWER 100.0% 3/18/96
165 1 582,274 12/31/95 BORROWER 568,261 1/1/95 12/31/95
BORROWER 100.0% 7/1/95
166 1 497,667 12/31/95 BORROWER 495,032 1/1/95 12/31/95
BORROWER 100.0% 1/1/96
167 1 522,642 12/31/95 BORROWER 530,095 1/1/95 12/31/95
BORROWER 94.7% 2/14/96
168 1 823,240 12/31/95 BORROWER 863,995 1/1/95 12/31/95
BORROWER 92.0% 4/13/95
169 1 642,227 9/30/95 BORROWER 669,227 10/1/94 9/30/95
BORROWER 95.3% 1/31/96
170 1 467,527 12/31/95 BORROWER 471,328 1/1/95 12/31/95
BORROWER 100.0% 3/18/96
171 1 527,969 12/31/95 BORROWER 586,782 1/1/95 12/31/95
BORROWER 95.0% 5/8/95
172 1 519,785 12/31/95 BORROWER 533,112 1/1/95 12/31/95
BORROWER 100.0% 3/22/96
173 1 414,180 12/31/95 BORROWER 399,816 1/1/95 12/31/95
BORROWER 100.0% 3/4/96
174 1 408,970 12/31/95 BORROWER 405,637 1/1/95 12/31/95
BORROWER 100.0% 6/18/96
175 1 585,826 12/31/95 BORROWER 650,698 1/1/95 12/31/95
BORROWER 100.0% 6/18/96
176 1 616,107 12/31/95 BORROWER 642,723 1/1/95 12/31/95
BORROWER 94.5% 6/11/96
177 1 523,133 12/31/95 BORROWER 564,229 1/1/95 12/31/95
BORROWER 100.0% 12/18/95
178 1 332,146 12/31/95 BORROWER TAX RETUR 250,410 1/1/96 6/30/96
BORROWER 96.6% 6/1/96
179 1 451,040 12/31/95 BORROWER 470,381 1/1/95 12/31/95
BORROWER 96.8% 6/21/96
180 1 270,190 2/14/96 1995 Static Analys 213,575 1/1/96 7/31/96
BORROWER 94.3% 6/21/96
181 1 456,755 12/31/95 BORROWER 484,609 1/1/95 12/31/95
BORROWER 97.9% 7/1/96
182 1 341,440 12/31/95 BORROWER 326,545 1/1/95 12/31/95
BORROWER 100.0% 3/31/96
182 2 58,674 12/31/95 BORROWER 58,674 1/1/95 12/31/95
BORROWER 100.0% 3/31/96
183 1 609,013 12/31/95 BORROWER 612,876 1/1/95 12/31/95
BORROWER 100.0% 2/27/96
184 1 416,625 12/31/95 BORROWER TAX RETUR 416,625 1/1/95 12/31/95
BORROWER TAX RETURN 100.0% 11/15/95
185 1 470,501 12/31/95 BORROWER 490,116 1/1/95 12/31/95
BORROWER 100.0% 8/7/96
186 1 413,535 2/14/96 Single tenant's le N/A N/A N/A N/A
100.0% 11/16/95
187 1 506,544 12/31/95 BORROWER 535,829 1/1/95 12/31/95
BORROWER 95.0% 6/1/95
188 1 286,451 12/31/95 BORROWER 273,879 1/1/95 12/31/95
BORROWER 99.0% 6/20/95
188 2 259,498 12/31/95 BORROWER 252,676 1/1/95 12/31/95
BORROWER 97.0% 2/14/95
189 1 502,883 12/31/95 BORROWER 502,883 1/1/95 12/31/95
BORROWER 100.0% 8/5/96
190 1 516,113 12/31/95 BORROWER 513,011 1/1/95 12/31/95
BORROWER 100.0% 2/1/96
191 1 172,589 12/31/95 BORROWER 140,449 1/1/95 12/31/95
BORROWER 49.0% 2/29/96
192 1 470,895 12/31/95 BORROWER 87,478 N/A 12/31/95
BORROWER 62.5% 1/31/96
193 1 593,016 12/31/95 BORROWER 593,016 1/1/95 12/31/95
BORROWER 100.0% 6/29/95
194 1 438,184 12/31/95 BORROWER 530,569 1/1/95 12/31/95
BORROWER 100.0% 6/22/95
195 1 433,980 12/31/95 BORROWER 436,429 1/1/95 12/31/95
BORROWER 97.8% 4/9/96
196 1 396,885 12/31/95 BORROWER 125,658 1/1/96 4/30/96
BORROWER 84.0% 4/30/96
197 1 369,355 12/31/95 BORROWER 364,342 1/1/95 12/31/95
BORROWER 97.0% 4/17/96
198 1 450,159 12/31/95 BORROWER 229,079 1/1/96 7/31/96
BORROWER 97.5% 9/5/96
199 1 365,242 12/31/95 BORROWER TAX RETUR 358,422 1/1/95 12/31/95
BORROWER TAX RETURN 100.0% 9/1/96
200 1 484,991 12/31/95 BORROWER 130,441 1/1/96 3/31/96
BORROWER 100.0% 4/5/96
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
BASELINE OR MOST YTD YTD
ASSET PROP MOST RECENT NOI RECENT YTD PERIOD PERIOD
PERCENT
NO NO ANNUAL NOI AS OF NOI SOURCE NOI BEGIN ENDING
YTD NOI SOURCE OCCUPIED AS OF
<S> <C> <C> <C> <C> <C> <C> <C> <C>
<C> <C>
201 1 559,817 12/31/95 BORROWER 407,156 1/1/96 7/31/96
BORROWER 96.8% 8/1/96
202 1 432,903 12/31/95 BORROWER 499,400 1/1/95 12/31/95
BORROWER 97.0% 2/22/96
203 1 508,820 12/31/95 BORROWER 525,020 1/1/95 12/31/95
BORROWER 100.0% 6/8/95
204 1 359,204 12/31/95 BORROWER 374,639 1/1/95 12/31/95
BORROWER 96.8% 3/11/96
205 1 412,583 12/31/95 BORROWER 402,332 1/1/95 12/31/95
BORROWER 85.0% 3/19/96
206 1 330,297 12/31/95 BORROWER 311,527 1/1/95 12/31/95
BORROWER 100.0% 3/1/96
207 1 349,027 12/31/94 1994 Operating Sta 349,027 1/1/94 12/31/94 1994
Operating Stat 80.0% 10/14/96
208 1 324,016 12/31/95 BORROWER 320,521 1/1/95 12/31/95
BORROWER 100.0% 3/26/96
209 1 466,367 12/31/95 BORROWER 514,288 1/1/95 12/31/95
BORROWER 99.0% 3/1/96
210 1 2,054,692 12/31/95 BORROWER 1,454,059 1/1/96 8/31/96
BORROWER 93.8% 3/31/96
211 1 440,310 12/31/95 BORROWER 474,601 1/1/95 12/31/95
BORROWER 100.0% 5/6/96
212 1 218,383 12/31/95 BORROWER 142,148 1/1/96 8/31/96
BORROWER 86.9% 3/1/96
213 1 245,603 12/31/95 BORROWER 236,733 1/1/95 12/31/95
BORROWER 100.0% 4/17/96
214 1 414,110 12/31/94 1994 Operating Sta 414,110 1/1/94 12/31/94 1994
Operating Stat 100.0% 12/31/94
215 1 330,531 2/14/96 1995 Static Analys 140,424 1/1/96 6/30/96
BORROWER 95.0% 2/7/96
216 1 300,774 12/31/95 BORROWER 300,860 1/1/95 12/31/95
BORROWER 93.0% 2/17/95
217 1 451,291 12/31/95 BORROWER 499,159 1/1/95 12/31/95
BORROWER 100.0% 3/1/96
218 1 340,871 12/31/95 BORROWER 423,176 1/1/95 12/31/95
BORROWER 80.0% 3/1/96
219 1 338,639 12/31/95 BORROWER 352,378 1/1/95 12/31/95
BORROWER 100.0% 3/1/95
220 1 289,318 12/31/95 BORROWER 312,796 1/1/95 12/31/95
BORROWER 96.0% 5/31/96
221 1 3,435,389 12/31/95 BORROWER 3,627,565 1/1/95 12/31/95
BORROWER 100.0% 6/15/95
222 1 1,170,673 12/31/95 BORROWER 1,171,807 1/1/95 12/31/95
BORROWER 89.1% 1/1/96
223 1 580,816 12/31/95 BORROWER 639,701 1/1/95 12/31/95
BORROWER 100.0% 6/1/95
224 1 336,366 12/31/95 BORROWER 351,709 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
225 1 324,512 2/14/96 10/28/94 Appraisal N/A N/A N/A N/A
100.0% 6/18/96
226 1 382,401 12/31/95 BORROWER 406,388 1/1/95 12/31/95
BORROWER 100.0% 6/13/96
227 1 316,001 12/31/94 1994 Operating Sta 316,001 1/1/94 12/31/94 1994
Operating Stat 98.0% 12/31/94
228 1 417,216 12/31/95 BORROWER 478,801 1/1/95 12/31/95
BORROWER 100.0% 6/17/96
229 1 577,760 12/31/95 BORROWER 605,130 1/1/95 12/31/95
BORROWER 49.5% 12/31/95
230 1 284,939 12/31/95 BORROWER 292,265 1/1/95 12/31/95
BORROWER 96.5% 7/15/96
231 1 340,370 12/31/95 BORROWER 339,120 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
232 1 481,304 12/31/95 BORROWER 470,903 1/1/95 12/31/95
BORROWER 97.0% 6/13/96
233 1 476,417 12/31/95 BORROWER 476,726 1/1/95 12/31/95
BORROWER 100.0% 5/31/96
234 1 832,789 12/31/93 1993 OPERATING STA 832,789 1/1/93 12/31/93 1993
OPERATING STAT 100.0% 5/15/95
235 1 574,725 12/31/95 BORROWER 567,158 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
236 1 438,050 12/31/95 BORROWER 439,842 1/1/95 12/31/95
BORROWER 100.0% 6/19/96
237 1 242,076 12/31/95 BORROWER 242,107 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
238 1 490,817 12/31/95 BORROWER 525,956 1/1/95 12/31/95
BORROWER 84.8% 2/12/96
239 1 231,293 12/31/95 BORROWER 278,199 1/1/95 12/31/95
BORROWER 100.0% 6/14/95
240 1 430,809 12/31/93 1993 Operating Sta 430,809 1/1/93 12/31/93 1993
Operating Stat 94.0% 6/22/95
241 1 408,821 12/31/95 PROPERTY MANAGEMEN 428,247 1/1/95 12/31/95
PROPERTY MANAGEMENT 95.0% 6/14/96
242 1 574,492 12/31/95 BORROWER 645,440 1/1/95 12/31/95
BORROWER 9.0% 12/31/95
243 1 257,216 12/31/95 BORROWER 278,867 1/1/95 12/31/95
BORROWER 95.5% 2/16/96
244 1 355,188 12/31/95 BORROWER 362,111 1/1/95 12/31/95
BORROWER 100.0% 9/1/95
245 1 187,820 12/31/94 1994 Operating Sta 187,820 1/1/94 12/31/94 1994
Operating Stat 86.0% 6/19/95
246 1 646,629 12/31/95 BORROWER 529,167 1/1/95 12/31/95
BORROWER 100.0% 6/18/96
247 1 250,142 12/31/95 BORROWER 247,703 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
248 1 361,485 12/31/95 BORROWER 355,264 1/1/95 12/31/95
BORROWER 92.1% 5/31/96
249 1 327,407 2/14/96 1995 Pro Forma - C N/A N/A N/A N/A
100.0% 6/16/95
250 1 267,581 12/31/95 BORROWER 292,605 1/1/95 12/31/95
BORROWER 87.0% 12/31/95
251 1 1,018,498 12/31/95 BORROWER 1,015,225 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
252 1 275,399 12/31/95 BORROWER 307,368 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
253 1 415,608 12/31/95 BORROWER 447,961 1/1/95 12/31/95
BORROWER 92.3% 7/30/96
254 1 347,428 12/31/95 BORROWER 338,079 1/1/95 12/31/95
BORROWER 100.0% 3/1/96
255 1 361,342 12/31/95 BORROWER 362,765 1/1/95 12/31/95
BORROWER 100.0% 6/25/96
256 1 398,520 12/31/95 BORROWER 393,108 1/1/95 12/31/95
BORROWER 100.0% 3/1/96
257 1 342,354 12/31/95 BORROWER 355,732 1/1/95 12/31/95
BORROWER 99.0% 2/29/96
258 1 249,204 12/31/95 BORROWER 273,274 1/1/95 12/31/95
BORROWER 76.0% 5/9/95
259 1 244,607 12/31/95 BORROWER 266,040 1/1/95 12/31/95
BORROWER 100.0% 5/31/96
260 1 421,398 12/31/95 BORROWER 433,301 1/1/95 12/31/95
BORROWER 100.0% 6/20/96
261 1 395,291 12/31/95 BORROWER 394,759 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
262 1 392,727 12/31/95 BORROWER 386,714 1/1/95 12/31/95
BORROWER 100.0% 3/12/96
263 1 326,710 12/31/95 BORROWER 356,549 1/1/95 12/31/95
BORROWER 92.0% 3/31/96
264 1 316,355 12/31/95 BORROWER 334,815 1/1/95 12/31/95
BORROWER 100.0% 3/12/96
265 1 256,064 12/31/95 BORROWER 270,959 1/1/95 12/31/95
BORROWER 86.5% 3/5/96
266 1 397,724 12/31/95 BORROWER 401,431 1/1/95 12/31/95
BORROWER 100.0% 3/12/96
267 1 301,832 12/31/95 BORROWER 310,762 1/1/95 12/31/95
BORROWER 100.0% 3/12/96
268 1 287,161 12/31/95 BORROWER 300,776 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
269 1 318,733 12/31/95 BORROWER 343,823 1/1/95 12/31/95
BORROWER 97.0% 1/31/96
270 1 272,048 12/31/95 BORROWER 271,734 1/1/95 12/31/95
BORROWER 86.1% 3/5/96
271 1 248,963 12/31/95 BORROWER 261,887 1/1/95 12/31/95
BORROWER 87.0% 6/24/96
272 1 249,954 12/31/95 BORROWER 266,888 1/1/95 12/31/95
BORROWER 76.0% 6/19/95
273 1 304,637 12/31/95 BORROWER 309,690 1/1/95 12/31/95
BORROWER 92.0% 6/19/95
274 1 292,598 12/31/95 BORROWER 293,208 1/1/95 12/31/95
BORROWER 95.0% 12/31/95
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
BASELINE OR MOST YTD YTD
ASSET PROP MOST RECENT NOI RECENT YTD PERIOD PERIOD
PERCENT
NO NO ANNUAL NOI AS OF NOI SOURCE NOI BEGIN ENDING
YTD NOI SOURCE OCCUPIED AS OF
<S> <C> <C> <C> <C> <C> <C> <C> <C>
<C> <C>
275 1 386,357 12/31/95 BORROWER 396,923 1/1/95 12/31/95
BORROWER 87.0% 4/4/96
276 1 233,316 12/31/95 BORROWER 229,209 1/1/95 12/31/95
BORROWER 38.0% 6/1/95
277 1 240,522 12/31/95 BORROWER 245,102 1/1/95 12/31/95
BORROWER 98.0% 5/31/96
278 1 387,787 12/31/94 1994 Operating Sta 387,787 1/1/94 12/31/94 1994
Operating Stat 94.0% 12/31/95
279 1 411,816 12/31/95 BORROWER 408,464 1/1/95 12/31/95
BORROWER 100.0% 6/15/96
280 1 419,055 9/30/95 BORROWER 451,183 10/1/94 9/30/95
BORROWER 95.8% 1/31/96
281 1 266,572 12/31/95 BORROWER 266,348 1/1/95 12/31/95
BORROWER 96.0% 7/17/96
282 1 838,516 12/31/95 BORROWER 824,398 1/1/95 12/31/95
BORROWER 94.0% 2/22/96
283 1 326,489 12/31/95 BORROWER 344,091 1/1/95 12/31/95
BORROWER 100.0% 1/10/96
284 1 228,192 12/31/95 BORROWER 163,492 1/1/96 8/31/96
BORROWER 85.0% 6/13/95
285 1 279,566 12/31/95 BORROWER 293,385 1/1/95 12/31/95
BORROWER 100.0% 9/1/96
286 1 278,273 12/31/95 BORROWER 273,803 1/1/95 12/31/95
BORROWER 100.0% 1/16/95
287 1 442,960 12/31/95 BORROWER 300,073 1/1/95 12/31/95
BORROWER 100.0% 7/18/95
288 1 309,269 12/31/95 BORROWER 312,005 1/1/95 12/31/95
BORROWER 100.0% 7/4/95
289 1 320,436 12/31/94 1994 Operating Sta 52,370 9/1/95 12/31/95
BORROWER 77.0% 2/21/96
290 1 243,235 12/31/95 BORROWER 259,119 1/1/95 12/31/95
BORROWER 100.0% 7/31/96
291 1 306,524 12/31/95 BORROWER 356,701 1/1/95 12/31/95
BORROWER 100.0% 3/31/95
292 1 244,260 12/31/94 1994 Operating Sta 244,260 1/1/94 12/31/94 1994
Operating Stat 100.0% 5/9/95
293 1 339,688 12/31/95 BORROWER 329,459 1/1/95 12/31/95
BORROWER 92.0% 1/1/95
294 1 346,625 12/31/95 BORROWER 363,679 1/1/95 12/31/95
BORROWER 100.0% 6/18/96
295 1 476,329 12/31/95 BORROWER 479,272 1/1/95 12/31/95
BORROWER 100.0% 11/1/95
296 1 456,244 12/31/95 BORROWER 471,616 1/1/95 12/31/95
BORROWER 90.6% 2/14/96
297 1 315,104 12/31/95 BORROWER 309,196 1/1/95 12/31/95
BORROWER 94.0% 12/31/95
298 1 335,172 12/31/95 BORROWER 327,812 1/1/95 12/31/95
BORROWER 100.0% 2/27/96
299 1 226,863 12/31/95 BORROWER 232,314 1/1/95 12/31/95
BORROWER 85.4% 2/22/96
300 1 286,524 12/31/94 CY 1994 OP STMT 286,524 1/1/94 12/31/94 CY
1994 OP STMT 100.0% 7/1/96
301 1 188,036 12/31/95 BORROWER 164,834 1/1/95 12/31/95
BORROWER 84.6% 6/26/96
302 1 365,273 12/31/95 BORROWER 353,557 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
303 1 198,566 12/31/95 BORROWER 259,186 1/1/95 12/31/95
BORROWER 93.8% 3/19/96
304 1 251,398 12/31/95 BORROWER 265,124 1/1/95 12/31/95
BORROWER 100.0% 2/1/96
305 1 809,859 12/31/95 BORROWER 813,447 1/1/95 12/31/95
BORROWER 96.7% 1/1/96
306 1 326,068 12/31/95 BORROWER 335,789 1/1/95 12/31/95
BORROWER 80.0% 8/8/96
307 1 249,322 12/31/95 BORROWER 254,933 1/1/95 12/31/95
BORROWER 96.0% 12/31/95
308 1 225,748 12/31/95 BORROWER 227,105 1/1/95 12/31/95
BORROWER 100.0% 3/12/96
309 1 400,451 12/31/94 1994 Normalized An 400,451 1/1/94 12/31/94 1994
Normalized Ana 100.0% 11/1/95
310 1 318,771 12/31/95 BORROWER 322,935 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
311 1 270,597 12/31/95 BORROWER 263,006 1/1/95 12/31/95
BORROWER 100.0% 5/13/96
312 1 302,732 12/31/95 BORROWER 299,964 1/1/95 12/31/95
BORROWER 88.0% 2/27/96
313 1 249,996 12/31/95 BORROWER 249,996 1/1/95 12/31/95
BORROWER 100.0% 6/16/95
314 1 291,499 12/31/95 BORROWER 307,609 1/1/95 12/31/95
BORROWER 79.0% 5/31/95
315 1 291,649 12/31/95 BORROWER 306,495 1/1/95 12/31/95
BORROWER 100.0% 1/1/96
316 1 301,305 12/31/95 BORROWER 289,129 1/1/95 12/31/95
BORROWER 100.0% 3/11/96
317 1 249,104 12/31/95 BORROWER 264,009 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
318 1 298,279 12/31/95 BORROWER 302,203 1/1/95 12/31/95
BORROWER 100.0% 12/31/94
319 1 N/A 2/14/96 1995 Static Analys N/A N/A N/A N/A
100.0% 8/7/96
320 1 257,313 12/31/95 BORROWER 270,321 1/1/95 12/31/95
BORROWER 100.0% 2/21/96
321 1 286,685 12/31/95 BORROWER 301,416 1/1/95 12/31/95
BORROWER 94.0% 12/31/95
322 1 270,968 12/31/94 1994 Operating Sta 270,968 1/1/94 12/31/94 1994
Operating Stat 95.0% 12/31/94
323 1 240,038 12/31/95 BORROWER 245,846 1/1/95 12/31/95
BORROWER 100.0% 6/30/95
324 1 318,865 12/31/95 BORROWER 320,096 1/1/95 12/31/95
BORROWER 100.0% 5/1/96
325 1 318,019 12/31/95 BORROWER 319,527 1/1/95 12/31/95
BORROWER N/A 6/28/96
326 1 341,821 12/31/95 BORROWER 343,974 1/1/95 12/31/95
BORROWER 100.0% 12/31/94
327 1 345,477 12/31/95 BORROWER 377,739 1/1/95 12/31/95
BORROWER 93.0% 3/21/95
328 1 149,541 12/31/94 1994 Operating Sta 149,541 1/1/94 12/31/94 1994
Operating Stat 100.0% 4/27/95
329 1 141,127 12/31/94 1994 Operating Sta 141,127 1/1/94 12/31/94 1994
Operating Stat 61.0% 6/5/95
330 1 263,707 12/31/95 BORROWER 278,980 1/1/95 12/31/95
BORROWER 100.0% 3/1/95
330 2 N/A N/A N/A N/A N/A N/A N/A
77.0% 12/31/94
331 1 574,149 12/31/95 BORROWER 270,809 1/1/96 7/31/96
BORROWER 61.3% 10/1/96
332 1 289,886 12/31/95 BORROWER 297,190 1/1/95 12/31/95
BORROWER 100.0% 3/12/96
333 1 325,231 12/31/95 BORROWER 359,766 1/1/95 12/31/95
BORROWER 100.0% 1/1/96
334 1 287,442 12/31/95 BORROWER 315,889 1/1/95 12/31/95
BORROWER 100.0% 2/26/96
335 1 208,159 12/31/95 BORROWER 220,906 1/1/95 12/31/95
BORROWER 91.0% 6/1/96
336 1 242,689 12/31/95 BORROWER 248,495 1/1/95 12/31/95
BORROWER 89.0% 1/1/96
337 1 802,430 12/31/95 BORROWER 872,523 1/1/95 12/31/95
BORROWER 99.0% 12/31/95
338 1 298,681 12/31/94 1994 Operating Sta 298,681 1/1/94 12/31/94 1994
Operating Stat 100.0% 3/3/95
339 1 318,621 12/31/95 BORROWER 333,772 1/1/95 12/31/95
BORROWER 83.0% 3/1/96
340 1 285,994 12/31/95 BORROWER 300,314 1/1/95 12/31/95
BORROWER 95.0% 5/1/96
341 1 419,096 12/31/95 BORROWER 122,568 1/1/96 5/31/96
BORROWER 96.0% 2/1/95
342 1 377,639 12/31/95 BORROWER 359,498 1/1/95 12/31/95
BORROWER 100.0% 2/15/96
343 1 284,422 12/31/95 BORROWER 301,844 1/1/95 12/31/95
BORROWER 93.0% 3/1/96
344 1 649,398 12/31/95 BORROWER 647,249 1/1/95 12/31/95
BORROWER 100.0% 6/18/96
345 1 191,172 12/31/95 BORROWER 199,599 1/1/95 12/31/95
BORROWER 89.6% 3/11/96
346 1 326,257 12/31/95 BORROWER 321,930 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
347 1 129,483 12/31/95 BORROWER 128,973 1/1/96 7/31/96
BORROWER 95.0% 7/31/96
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
BASELINE OR MOST YTD YTD
ASSET PROP MOST RECENT NOI RECENT YTD PERIOD PERIOD
PERCENT
NO NO ANNUAL NOI AS OF NOI SOURCE NOI BEGIN ENDING
YTD NOI SOURCE OCCUPIED AS OF
<S> <C> <C> <C> <C> <C> <C> <C> <C>
<C> <C>
348 1 169,897 12/31/95 BORROWER 54,187 1/1/96 4/30/96 SPECIAL
SERVICER 75.0% 5/1/96
349 1 229,999 12/31/95 BORROWER 236,033 1/1/95 12/31/95
BORROWER 100.0% 4/26/96
350 1 197,932 12/31/95 BORROWER 193,893 1/1/95 12/31/95
BORROWER 95.3% 9/24/96
351 1 129,090 12/31/94 1994 Operating Sta 100,666 1/1/94 12/31/94 1994
Operating Stat 90.0% 3/1/95
352 1 273,426 12/31/95 BORROWER 258,581 1/1/95 12/31/95
BORROWER 100.0% 1/1/96
353 1 263,771 12/31/94 1994 Operating Sta 263,771 1/1/94 12/31/94 1994
Operating Stat 85.0% 7/11/95
354 1 304,125 12/31/95 BORROWER 354,881 1/1/95 12/31/95
BORROWER 100.0% 3/31/96
355 1 193,833 12/31/95 BORROWER 187,715 1/1/95 12/31/95
BORROWER 95.2% 1/31/96
356 1 313,751 12/31/95 BORROWER 329,345 1/1/95 12/31/95
BORROWER 92.0% 2/19/96
357 1 122,782 12/31/95 BORROWER 127,815 1/1/95 12/31/95
BORROWER 44.4% 8/23/96
358 1 134,400 12/31/95 BORROWER 132,930 1/1/95 12/31/95
BORROWER 100.0% 3/1/96
359 1 236,394 12/31/95 BORROWER 248,822 1/1/95 12/31/95
BORROWER 100.0% 7/12/96
360 1 199,058 12/31/95 BORROWER 102,046 1/1/96 6/30/96
BORROWER 100.0% 7/1/96
361 1 264,758 12/31/95 BORROWER 240,715 1/1/95 12/31/95
BORROWER 100.0% 1/1/96
362 1 383,190 12/31/95 BORROWER 396,657 1/1/95 12/31/95
BORROWER 100.0% 1/3/96
363 1 227,424 12/31/95 BORROWER TAX RETUR 242,653 1/1/95 12/31/95
BORROWER TAX RETURN 100.0% 8/1/96
364 1 123,160 12/31/95 BORROWER 134,330 1/1/95 12/31/95
BORROWER 100.0% 10/1/95
365 1 133,537 12/31/94 1994 Operating St 133,537 1/1/94 12/31/94 1994
Operating Sta 91.0% 12/31/94
366 1 546,944 12/31/95 BORROWER 555,371 1/1/95 12/31/95
BORROWER 91.2% 3/1/96
367 1 460,892 12/31/94 1994 Operating Sta 460,892 1/1/94 12/31/94 1994
Operating Stat 100.0% 2/21/95
368 1 177,173 12/31/95 BORROWER 186,563 1/1/95 12/31/95
BORROWER 97.3% 12/31/95
369 1 227,319 12/31/93 1993 Operating Sta 227,319 1/1/93 12/31/93 1993
Operating Stat 100.0% 6/5/95
370 1 167,080 12/31/95 BORROWER 168,137 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
371 1 308,811 12/31/94 1994 Operating Sta 86,515 9/5/95 12/31/95
BORROWER 100.0% 12/31/95
372 1 199,399 12/31/95 BORROWER 207,707 1/1/95 12/31/95
BORROWER 100.0% 2/28/96
373 1 N/A 2/14/96 NAIOP Income and E N/A N/A N/A N/A
100.0% 12/31/94
374 1 170,990 2/14/96 '94-'95 N.A.I.O.P. N/A N/A N/A N/A
100.0% 12/31/94
375 1 418,879 12/31/95 BORROWER 406,847 1/1/95 12/31/95
BORROWER 100.0% 3/29/96
376 1 165,258 12/31/95 BORROWER 110,968 1/1/96 8/31/96 SPECIAL
SERVICER 89.0% 10/14/96
377 1 160,439 12/31/95 BORROWER 176,251 1/1/95 12/31/95
BORROWER 100.0% 6/13/96
378 1 126,453 12/31/95 BORROWER 162,255 1/1/95 12/31/95
BORROWER 92.0% 6/25/95
379 1 252,054 12/31/95 BORROWER 252,687 1/1/95 12/31/95
BORROWER 100.0% 3/7/96
380 1 175,987 2/14/96 Pro Forma Grid N/A N/A N/A N/A
100.0% 5/23/95
381 1 198,162 12/31/95 BORROWER 203,016 1/1/95 12/31/95
BORROWER 58.0% 7/17/95
382 1 407,055 12/31/95 BORROWER 399,660 1/1/95 12/31/95
BORROWER 80.0% 3/18/96
383 1 261,906 12/31/95 BORROWER 276,407 1/1/95 12/31/95
BORROWER 91.0% 2/21/96
384 1 137,670 12/31/95 BORROWER 138,575 1/1/95 12/31/95
BORROWER 100.0% 1/1/96
385 1 168,304 12/31/95 BORROWER 175,119 1/1/95 12/31/95
BORROWER 97.5% 3/25/96
386 1 264,273 12/31/93 1993 Operating Sta 264,273 1/1/93 12/31/93 1993
Operating Stat 100.0% 6/17/96
387 1 311,690 12/31/95 BORROWER 311,690 1/1/95 12/31/95
BORROWER 100.0% 8/5/96
388 1 294,742 12/31/95 BORROWER 307,488 1/1/95 12/31/95
BORROWER 100.0% 3/2/96
389 1 135,884 12/31/95 BORROWER 141,266 1/1/95 12/31/95
BORROWER 98.0% 5/18/95
390 1 199,076 12/31/93 1993 Operating Sta 199,076 1/1/93 12/31/93 1993
Operating Stat 92.0% 4/30/95
391 1 187,562 2/14/96 I.R.E.M. Report N/A N/A N/A N/A
94.0% 12/31/94
392 1 227,697 12/31/95 BORROWER 222,523 1/1/95 12/31/95
BORROWER 100.0% 3/8/96
393 1 153,269 12/31/95 BORROWER 163,703 1/1/95 12/31/95
BORROWER 100.0% 8/5/96
394 1 200,049 12/31/95 BORROWER TAX RETUR 199,213 1/1/95 12/31/95
BORROWER TAX RETURN 100.0% 6/22/95
395 1 235,648 12/31/94 1994 OPER STMT 235,648 1/1/94 12/31/94 1994
OPER STMT 100.0% 6/9/95
396 1 176,307 12/31/95 BORROWER 175,196 1/1/95 12/31/95
BORROWER 100.0% 2/1/96
397 1 218,915 12/31/95 BORROWER 223,619 1/1/95 12/31/95
BORROWER 100.0% 9/5/96
398 1 113,600 12/31/95 BORROWER 113,179 1/1/95 12/31/95
BORROWER 99.7% 7/2/96
399 1 203,095 12/31/93 1993 Operating Sta 203,095 1/1/93 12/31/93 1993
Operating Stat 93.0% 6/1/95
400 1 198,116 12/31/95 BORROWER 188,885 1/1/95 12/31/95
BORROWER 70.6% 3/26/96
401 1 456,271 12/31/95 BORROWER 464,992 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
402 1 253,363 12/31/95 BORROWER 249,145 1/1/95 12/31/95
BORROWER 100.0% 1/19/96
403 1 192,195 12/31/95 BORROWER 188,744 1/1/95 12/31/95
BORROWER 100.0% 2/21/96
404 1 150,852 12/31/95 BORROWER 160,417 1/1/95 12/31/95
BORROWER 100.0% 12/31/94
405 1 212,448 12/31/95 BORROWER 212,758 1/1/95 12/31/95
BORROWER 100.0% 3/25/96
407 1 174,857 12/31/95 BORROWER 173,502 1/1/95 12/31/95
BORROWER 76.8% 6/17/96
409 1 281,216 12/31/95 BORROWER 104,914 1/1/96 4/30/96
BORROWER 97.0% 2/23/96
410 1 167,135 12/31/95 BORROWER 183,922 1/1/95 12/31/95
BORROWER 100.0% 12/31/94
411 1 544,902 12/31/95 BORROWER 601,249 1/1/95 12/31/95
BORROWER 100.0% 1/1/96
412 1 230,509 12/31/94 1994 Operating Sta 230,509 1/1/94 12/31/94 1994
Operating Stat 100.0% 2/15/95
413 1 148,242 12/31/95 BORROWER 148,167 1/1/95 12/31/95
BORROWER 94.0% 12/31/95
414 1 207,977 12/31/95 BORROWER 221,268 1/1/95 12/31/95
BORROWER 100.0% 4/14/95
415 1 206,597 12/31/95 BORROWER 179,043 1/1/95 12/31/95
BORROWER 100.0% 5/20/96
416 1 89,384 12/31/94 1994 Operating Sta 89,384 1/1/94 12/31/94 1994
Operating Stat 87.0% 5/31/95
417 1 243,886 12/31/95 BORROWER 244,109 1/1/95 12/31/95
BORROWER 100.0% 5/14/96
418 1 211,138 12/31/95 BORROWER 209,895 1/1/95 12/31/95
BORROWER 100.0% 2/9/96
419 1 112,262 12/31/95 BORROWER 84,926 1/1/95 12/31/95
BORROWER 68.0% 8/13/96
420 1 N/A 2/14/96 Collateral File N/A N/A N/A N/A
100.0% 12/31/94
421 1 218,659 12/31/94 1994 Operating Sta 218,659 1/1/94 12/31/94 1994
Operating Stat 100.0% 5/9/95
422 1 207,794 12/31/95 BORROWER 185,437 1/1/95 12/31/95
BORROWER 78.6% 12/31/95
423 1 294,684 12/31/94 1994 Operating Sta 294,684 1/1/94 12/31/94 1994
Operating Stat 100.0% 6/15/95
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
BASELINE OR MOST YTD YTD
ASSET PROP MOST RECENT NOI RECENT YTD PERIOD PERIOD
PERCENT
NO NO ANNUAL NOI AS OF NOI SOURCE NOI BEGIN ENDING
YTD NOI SOURCE OCCUPIED AS OF
<S> <C> <C> <C> <C> <C> <C> <C> <C>
<C> <C>
424 1 190,211 12/31/94 Financial Statemen 190,211 1/1/94 12/31/94 Financial
Statement 100.0% 4/1/95
425 1 145,346 12/31/95 BORROWER 149,647 1/1/95 12/31/95
BORROWER 100.0% 4/6/95
426 1 155,978 12/31/95 BORROWER 158,710 1/1/95 12/31/95
BORROWER 100.0% 6/1/96
427 1 254,882 12/31/95 BORROWER 260,352 1/1/95 12/31/95
BORROWER 82.0% 6/2/95
428 1 157,708 12/31/95 BORROWER 156,993 1/1/95 12/31/95
BORROWER 100.0% 3/8/96
429 1 144,930 12/31/93 1993 Operating Sta 144,930 1/1/93 12/31/93 1993
Operating Stat 100.0% 6/17/96
430 1 277,277 12/31/95 BORROWER 386,914 1/1/95 12/31/95
BORROWER 95.0% 6/1/95
431 1 169,460 12/31/95 BORROWER 159,980 1/1/95 12/31/95
BORROWER 100.0% 3/27/95
432 1 680,108 12/31/95 BORROWER 699,296 1/1/95 12/31/95
BORROWER 93.0% 12/28/95
433 1 177,852 12/31/95 BORROWER 176,922 1/1/95 12/31/95
BORROWER 100.0% 3/1/96
434 1 131,896 12/31/95 SPECIAL SERVICER 131,896 1/1/95 12/31/95
SPECIAL SERVICER 81.0% 10/14/96
435 1 169,937 12/31/95 BORROWER 178,560 1/1/95 12/31/95
BORROWER 93.0% 2/19/96
436 1 161,481 12/31/95 BORROWER 160,954 1/1/95 12/31/95
BORROWER 93.7% 6/18/96
437 1 301,497 12/31/95 BORROWER 303,719 1/1/95 12/31/95
BORROWER 53.8% 12/31/95
438 1 123,279 12/31/95 BORROWER 121,685 1/1/95 12/31/95
BORROWER 76.5% 6/21/96
439 1 156,088 12/31/95 BORROWER 164,653 1/1/95 12/31/95
BORROWER 100.0% 8/26/96
440 2 181,510 12/31/95 BORROWER TAX RETUR 190,008 1/1/95 12/31/95
BORROWER TAX RETURN 100.0% 12/31/94
441 1 222,723 12/31/95 BORROWER 230,963 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
442 1 505,355 12/31/95 BORROWER 528,746 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
443 1 95,772 12/31/95 BORROWER 93,834 1/1/95 12/31/95
BORROWER 68.2% 3/1/96
443 2 N/A N/A N/A N/A N/A N/A N/A
88.4% 3/1/96
444 1 564,122 12/31/95 BORROWER 564,122 1/1/95 12/31/95
BORROWER 96.0% 3/12/96
445 1 158,657 12/31/95 BORROWER 156,805 1/1/95 12/31/95
BORROWER 100.0% 3/1/96
446 1 365,186 12/31/95 BORROWER 386,364 1/1/95 12/31/95
BORROWER 100.0% 12/31/94
447 1 149,210 12/31/95 BORROWER 150,443 1/1/95 12/31/95
BORROWER 100.0% 3/23/95
448 1 219,164 12/31/95 BORROWER 224,953 1/1/95 12/31/95
BORROWER 88.1% 2/1/96
449 1 208,320 12/31/94 1994 Income Statem 208,320 1/1/94 12/31/94 1994
Income Stateme 100.0% 12/31/94
450 1 188,233 12/31/95 BORROWER 188,233 1/1/95 12/31/95
BORROWER 100.0% 1/12/96
451 1 163,540 12/31/95 BORROWER 170,492 1/1/95 12/31/95
BORROWER 100.0% 3/22/96
452 1 227,964 12/31/95 BORROWER 224,979 1/1/95 12/31/95
BORROWER 98.0% 5/1/96
453 1 143,609 12/31/95 BORROWER 147,350 1/1/95 12/31/95
BORROWER 82.0% 9/28/95
454 1 118,816 12/31/95 BORROWER 133,170 1/1/95 12/31/95
BORROWER 100.0% 12/31/94
455 1 243,635 12/31/95 BORROWER 240,523 1/1/95 12/31/95
BORROWER 100.0% 1/11/95
456 1 187,800 12/31/95 BORROWER 190,359 1/1/95 12/31/95
BORROWER N/A 9/5/96
457 1 145,423 12/31/95 BORROWER 150,210 1/1/95 12/31/95
BORROWER 94.0% 7/5/95
458 1 120,686 4/30/96 BORROWER 74,340 1/1/96 6/30/96
BORROWER 100.0% 5/2/95
459 1 154,366 12/31/95 BORROWER 162,503 1/1/95 12/31/95
BORROWER 100.0% 6/17/96
460 1 108,414 12/31/95 BORROWER 105,998 1/1/95 12/31/95
BORROWER 96.0% 4/22/96
461 1 139,234 12/31/95 BORROWER 146,756 1/1/95 12/31/95
BORROWER 100.0% 6/12/96
462 1 195,389 12/31/95 BORROWER 204,687 1/1/95 12/31/95
BORROWER 100.0% 3/14/96
463 1 353,350 12/31/95 BORROWER 397,785 1/1/95 12/31/95
BORROWER 100.0% 3/29/95
464 1 269,753 12/31/95 BORROWER 286,438 1/1/95 12/31/95
BORROWER 100.0% 2/22/96
465 1 N/A 2/14/96 Pro Forma Grid N/A N/A N/A N/A
100.0% 12/31/93
466 1 188,114 12/31/95 BORROWER 188,105 1/1/95 12/31/95
BORROWER 90.0% 6/21/96
467 1 162,770 12/31/95 BORROWER 164,698 1/1/95 12/31/95
BORROWER 92.0% 6/1/96
468 1 139,855 12/31/95 BORROWER 155,612 1/1/95 12/31/95
BORROWER 100.0% 10/11/95
469 1 202,128 12/31/95 BORROWER 206,653 1/1/95 12/31/95
BORROWER 73.0% 7/17/95
470 1 96,731 12/31/95 SPECIAL SERVICER 36,040 1/1/96 6/30/96
SPECIAL SERVICER 100.0% 8/20/96
471 1 230,852 12/31/95 BORROWER 193,368 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
472 1 158,426 12/31/95 BORROWER 163,326 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
473 1 90,804 12/31/95 BORROWER 139,230 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
474 1 97,650 12/31/95 BORROWER 102,536 1/1/95 12/31/95
BORROWER 79.0% 4/11/95
475 1 181,248 12/31/95 BORROWER 178,963 1/1/95 12/31/95
BORROWER 100.0% 2/20/96
476 1 34,300 12/31/95 BORROWER 28,321 1/1/95 12/31/95
BORROWER 64.0% 8/5/96
477 1 128,643 12/31/95 BORROWER 120,098 1/1/95 12/31/95
BORROWER 100.0% 4/1/96
478 1 165,090 12/31/95 BORROWER 165,090 1/1/95 12/31/95
BORROWER 100.0% 6/9/95
479 1 148,437 12/31/95 BORROWER 140,541 1/1/95 12/31/95
BORROWER 100.0% 5/11/95
480 1 N/A 2/14/96 94-95 N. A. I. O. N/A N/A N/A N/A
100.0% 12/21/95
481 1 115,321 12/31/94 1994 Operating Sta 115,321 1/1/94 12/31/94 1994
Operating Stat 100.0% 1/11/95
482 1 1,025,862 12/31/95 BORROWER 1,018,126 1/1/95 12/31/95
BORROWER 97.0% 6/1/96
483 1 182,715 12/31/95 BORROWER 168,482 1/1/95 12/31/95
BORROWER 100.0% 2/23/95
484 1 108,625 12/31/95 BORROWER 128,355 1/1/95 12/31/95
BORROWER 80.0% 1/25/96
485 1 157,097 12/31/95 BORROWER 61,349 1/1/96 6/30/96
BORROWER 83.0% 1/31/96
486 1 155,852 12/31/95 BORROWER 164,399 1/1/95 12/31/95
BORROWER 100.0% 3/20/96
487 1 523,638 6/30/95 BORROWER 250,304 7/1/95 12/31/95
BORROWER 98.0% 12/31/94
488 1 242,818 12/31/95 BORROWER 253,029 1/1/95 12/31/95
BORROWER 100.0% 6/1/96
489 1 142,678 12/31/95 BORROWER 142,621 1/1/95 12/31/95
BORROWER 100.0% 3/10/96
490 1 173,793 12/31/95 BORROWER 154,985 1/1/95 12/31/95
BORROWER 94.0% 2/1/96
491 1 140,440 12/31/95 BORROWER 134,430 1/1/95 12/31/95
BORROWER 100.0% 3/6/96
492 1 276,100 12/31/95 BORROWER 276,100 1/1/95 12/31/95
BORROWER 100.0% 6/20/96
493 1 123,967 12/31/93 1993 Operating Sta 123,967 1/1/93 12/31/93 1993
Operating Stat 85.0% 12/31/94
494 1 167,680 12/31/95 BORROWER 87,508 1/1/96 6/30/96
BORROWER 89.1% 1/1/96
495 1 94,165 12/31/95 BORROWER 92,715 1/1/95 12/31/95
BORROWER 86.0% 12/31/95
496 1 102,319 12/31/94 1994 Operating Sta 102,492 7/1/95 12/31/95
BORROWER 96.0% 3/31/96
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
BASELINE OR MOST YTD YTD
ASSET PROP MOST RECENT NOI RECENT YTD PERIOD PERIOD
PERCENT
NO NO ANNUAL NOI AS OF NOI SOURCE NOI BEGIN ENDING
YTD NOI SOURCE OCCUPIED AS OF
<S> <C> <C> <C> <C> <C> <C> <C> <C>
<C> <C>
497 1 152,669 12/31/95 BORROWER 158,322 1/1/95 12/31/95
BORROWER 96.5% 3/12/96
498 1 170,237 12/31/95 BORROWER 72,699 1/1/96 8/31/96
BORROWER 58.0% 9/25/96
499 1 293,228 12/31/95 BORROWER 287,359 1/1/95 12/31/95
BORROWER 94.8% 9/4/96
500 1 102,805 12/31/94 1994 Operating Sta 102,805 1/1/94 12/31/94 1994
Operating Stat 100.0% 3/21/95
501 1 159,807 12/31/95 SPECIAL SERVICER 6,741 1/1/96 6/30/96
SPECIAL SERVICER N/A 9/3/96
502 1 78,381 11/30/95 BORROWER 0,188 12/1/94 11/30/95
BORROWER 100.0% 4/22/96
503 1 153,333 12/31/95 BORROWER 46,158 1/1/96 3/31/96
BORROWER 100.0% 3/1/96
504 1 N/A 2/14/96 Pro Forma Grid N/A N/A N/A N/A
100.0% 12/31/93
505 1 141,935 12/31/95 BORROWER 141,935 1/1/95 12/31/95
BORROWER 100.0% 5/15/95
506 1 131,210 12/31/95 BORROWER 129,603 1/1/95 12/31/95
BORROWER 100.0% 4/1/96
507 1 156,190 12/31/95 BORROWER 154,155 1/1/95 12/31/95
BORROWER 100.0% 3/18/96
508 1 84,375 12/31/95 BORROWER 85,432 1/1/95 12/31/95
BORROWER 88.0% 5/31/95
509 1 62,034 12/31/95 BORROWER TAX RETUR 11,239 1/1/96 3/31/96
BORROWER 55.0% 3/30/95
510 1 83,881 12/31/95 BORROWER 77,464 1/1/95 12/31/95
BORROWER 100.0% 3/31/96
511 1 61,715 12/31/95 BORROWER 66,741 1/1/95 12/31/95
BORROWER 69.4% 7/22/96
512 1 116,818 12/31/95 BORROWER 59,888 1/1/96 8/16/96
BORROWER 100.0% 4/12/96
513 1 88,134 12/31/95 BORROWER 87,039 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
514 1 294,268 12/31/95 BORROWER 287,902 1/1/95 12/31/95
BORROWER 92.4% 12/28/95
515 1 108,024 12/31/94 1994 Operating Sta 108,024 1/1/94 12/31/94 1994
Operating Stat 82.0% 6/1/95
516 1 128,383 12/31/95 BORROWER 124,207 1/1/95 12/31/95
BORROWER 100.0% 3/1/96
517 1 90,098 12/31/94 1994 Operating Sta 35,495 9/1/95 12/31/95
BORROWER 97.9% 2/27/96
518 1 147,327 12/31/95 BORROWER 142,017 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
519 1 147,595 12/31/95 BORROWER 140,774 1/1/95 12/31/95
BORROWER 100.0% 12/31/94
520 1 170,429 12/31/95 SPECIAL SERVICER 12,775 1/1/96 6/30/96
SPECIAL SERVICER N/A 10/14/96
521 1 159,310 12/31/94 1994 Operating Sta 159,310 1/1/94 12/31/94 1994
Operating Stat 100.0% 12/31/94
522 1 160,425 12/31/95 BORROWER 167,227 1/1/95 12/31/95
BORROWER 100.0% 2/14/96
523 1 263,318 12/31/95 BORROWER 265,152 1/1/95 12/31/95
BORROWER 95.0% 3/16/96
524 1 126,672 12/31/95 BORROWER 124,909 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
525 1 108,082 12/31/95 BORROWER 59,127 1/1/96 5/31/96
BORROWER 100.0% 5/24/96
526 1 68,101 12/31/94 1994 Operating Sta 68,101 1/1/94 12/31/94 1994
Operating Stat 100.0% 6/23/95
527 1 80,616 12/31/95 BORROWER 83,428 1/1/95 12/31/95
BORROWER 100.0% 6/14/96
528 1 94,847 12/31/95 BORROWER 95,010 1/1/95 12/31/95
BORROWER 100.0% 6/21/96
529 1 86,804 12/31/94 MGMT'S OPERATING S 35,898 3/1/96 5/31/96
BORROWER 93.0% 6/10/96
530 1 104,884 12/31/94 1994 Operating Sta 104,884 1/1/94 12/31/94 1994
Operating Stat 100.0% 12/31/94
531 1 268,185 12/31/95 BORROWER TAX RETUR 229,118 1/1/95 12/31/95
BORROWER TAX RETURN 100.0% 12/31/94
532 1 99,823 12/31/95 BORROWER 60,074 1/1/96 6/30/96
BORROWER 100.0% 6/30/96
533 1 132,291 12/31/95 BORROWER 131,442 1/1/95 12/31/95
BORROWER 100.0% 12/31/95
534 1 216,812 12/31/95 BORROWER 218,247 1/1/95 12/31/95
BORROWER 93.0% 1/31/96
535 1 105,460 12/31/93 1993 Operating Sta 12,044 1/1/96 2/21/96
BORROWER 90.0% 12/31/94
536 1 93,770 12/31/95 BORROWER 94,348 1/1/95 12/31/95
BORROWER 100.0% 6/20/96
537 1 120,754 12/31/95 BORROWER 118,844 1/1/95 12/31/95
BORROWER 100.0% 3/1/96
538 1 88,614 12/31/95 BORROWER 88,614 1/1/95 12/31/95
BORROWER 100.0% 4/26/95
539 1 273,334 12/31/95 BORROWER 288,825 1/1/95 12/31/95
BORROWER 96.0% 2/22/96
540 1 95,269 12/31/95 BORROWER 124,383 1/1/95 12/31/95
BORROWER 57.0% 2/28/95
541 1 87,326 12/31/95 BORROWER 87,297 1/1/95 12/31/95
BORROWER 100.0% 6/18/96
542 1 274,783 12/31/95 BORROWER 284,845 1/1/95 12/31/95
BORROWER 100.0% 3/26/96
543 1 582,714 12/31/93 1993 Operating Sta 582,714 1/1/93 12/31/93 1993
Operating Stat 100.0% 8/8/96
544 1 140,000 12/31/95 BORROWER 140,000 1/1/95 12/31/95
BORROWER 100.0% 3/5/96
545 1 N/A N/A N/A N/A N/A N/A N/A N/A
N/A
546 1 131,718 12/31/95 BORROWER 129,912 1/1/95 12/31/95
BORROWER 100.0% 1/1/95
547 1 319,614 12/31/95 BORROWER 319,702 1/1/95 12/31/95
BORROWER 82.9% 7/1/96
548 1 89,921 12/31/95 BORROWER 82,249 1/1/95 12/31/95
BORROWER 94.0% 3/11/96
549 1 125,672 12/31/95 BORROWER 124,189 1/1/95 12/31/95
BORROWER 100.0% 6/19/96
550 1 79,842 5/31/96 BORROWER 79,842 6/1/95 5/31/96
BORROWER 100.0% 8/22/96
551 1 200,564 12/31/95 BORROWER 210,695 1/1/95 12/31/95
BORROWER 100.0% 2/5/96
552 1 104,400 12/31/95 BORROWER TAX RETUR 105,068 1/1/95 12/31/95
BORROWER TAX RETURN 100.0% 4/27/95
553 1 70,345 12/31/95 BORROWER 73,024 1/1/95 12/31/95
BORROWER 81.0% 3/8/95
554 1 109,614 12/31/95 BORROWER 110,004 1/1/95 12/31/95
BORROWER 100.0% 6/19/96
555 1 36,628 12/31/95 BORROWER 36,628 1/1/95 12/31/95
BORROWER 50.0% 5/8/96
556 1 112,622 12/31/95 BORROWER 184,632 1/1/95 12/31/95
BORROWER 100.0% 3/13/95
557 1 54,108 12/31/93 1993 Operating Sta 54,108 1/1/93 12/31/93 1993
Operating Stat 49.0% 12/31/94
558 1 53,074 12/31/95 BORROWER 25,398 1/1/95 12/31/95
BORROWER 88.3% 2/12/96
559 1 83,443 12/31/95 BORROWER 83,218 1/1/95 12/31/95
BORROWER 100.0% 8/21/96
560 1 322,936 12/31/95 BORROWER TAX RETUR 329,121 1/1/95 12/31/95
BORROWER TAX RETURN 100.0% 3/5/96
561 1 68,362 12/31/93 1993 Operating Sta 68,362 1/1/93 12/31/93 1993
Operating Stat 100.0% 7/1/95
562 1 47,903 12/31/95 BORROWER 47,903 1/1/95 12/31/95
BORROWER 100.0% 3/14/96
563 1 152,866 12/31/94 1994 Operating Sta 152,866 1/1/94 12/31/94 1994
Operating Stat 100.0% 12/31/94
564 1 22,041 12/31/95 BORROWER 21,974 1/1/95 12/31/95
BORROWER 100.0% 1/24/96
</TABLE>
<PAGE>
MIDLAND LOAN SERVICES, L.P. - MASTER SERVICER
LOAN PORTFOLIO ANALYSIS SYSTEM - ASSET COMMENTS
PORTFOLIO: SASCO SERIES 1996 CFL
REPORTING PERIOD: OCTOBER, 1996
DATE PRINTED: 28-OCT-96
LOAN 001 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 002 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE. DEBT SERVICE
INCLUDING
BOTH 1ST & 2ND MORTGAGES TOTALS $3,273,388. NORMALIZED DCSR 1.06 & 1.02
AFTER CAPITAL EXPENSE.
LOAN 003 - 1: Latest Annual Statement Comment: 12/31/95 - PROPERTY IS
LEASED WITH ALL EXPENSES PASSED THROUGH TO THE TENANT. NORMALIZED
PROPERTY
MANAGEMENT AND REPLACEMENT RESERVES TO BASELINE AMOUNTS IN
ACCORDANCE WITH THE
ANALYSIS PARAMETERS IN THE PSA.
LOAN 004 - 1: Status Comment: Transferred to special servicer 7/96 due
to imminent default. Special servicer has indicated an intent to negotiate
a discounted payoff or deed-in-lieu. Latest Annual Statement Comment:
12/31/95 - NORMALIZED PROPERTY TAXES, INSURANCE, LEASING COMMISSIONS,
CAPITAL IMPROVEMENTS AND REPLACEMENT RESERVES PER BASELINE
ANALYSIS
PARAMETERS IN PSA.
LOAN 005 - 1: Partial Year Statement Comment: 12/31/95 - BORROWER
PURCHASED PROPERTY MID YEAR. NORMALIZED PROPERTY TAXES, INSURANCE,
MANAGEMENT FEES, AND REPLACEMENT RESERVES IN ACCORDANCE WITH THE
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 006 - 1:
LOAN 007 - 1:
LOAN 008 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND LEASING
COMMISSIONS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 009 - 1:
LOAN 009 - 2:
LOAN 010 - 4: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 010 - 2: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA. DEBT
SERVICE IS
ESTIMATED AND INCLUDES BOTH 1ST AND 2ND MORTGAGES.
LOAN 010 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA. DEBT
SERVICE IS
AN ESTIMATED AMOUNT.
LOAN 010 - 3: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
LEASING COMMISSIONS TENANT IMPROVEMENTS AND REPLACEMENT RESERVES
TO BASELINE
IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 011 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH THE
ANALYSIS PARAMETERS IN THE PSA. CAPITAL IMPROVEMENTS (FINANCING
IMPROVEMENTS) NORMALIZED TO ZERO.
LOAN 012 - 1:
<PAGE>
LOAN 013 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 014 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 015 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 016 - 1: Status Comment: Matured in August, 1996. 150 day
extension request has been approved. Pending execution of docs. Latest
Annual Statement Comment: 12/31/95 - LOWERED PASS THROUGH INCOME BY $117,411
AS EXPENSES WERE INCURRED IN 1994. NORMALIZED INSURANCE, PROPERTY
MANAGEMENT,
LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND REPLACEMENT
RESERVES TO BASELINE
IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
Partial Year Statement Comment: 6/30/96 - 1996 YTD REPAIRS AND MAINTENANCE
INCLUDE $88,821 OVER BUDGET EXPENSES FOR SNOW REMOVAL AND $24,689 IN
TENANT
WORK REQUESTS. GENERAL AND ADMINISTRATIVE (SECURITY) INCREASED 40%
$5,296
YTD.
LOAN 017 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 018 - 1:
LOAN 019 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, LEASING COMMISSIONS, & REPLACEMENT RESERVES TO
BASELINE IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA. ONE TIME CAPITAL
EXPENDITURES NORMALIZED TO ZERO.
LOAN 020 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY INSURANCE, MANAGEMENT FEES AND REPLACEMENT RESERVES PER
THE
BASELINE ANALYSIS PARAMETERS IN THE PSA. NORMALIZED PROPERTY TAXES
TO THE
SERVICING SYSTEM.
LOAN 021 - 1:
LOAN 022 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, AND REPLACEMENT RESERVES TO BASELINE
IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 023 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES TO THE BASELINE AMOUNTS IN ACCORDANCE WITH THE ANALYSIS
PARAMETERS
IN THE PSA.
LOAN 024 - 1: Latest Annual Statement Comment: 12/31/95 - STATEMENT HAS
INCOME SEPARATED FOR EACH BUILDING BUT EXPENSES ARE COMBINED,
INPUT AS A
SINGLE PROPERTY. NORMALIZED PROPERTY TAXES, INSURANCE, MANAGEMENT
FEES
LEASING COMMISSIONS AND REPLACEMENT RESERVES IN ACCORDANCE WITH
ANALYSIS
PARAMETERS.
LOAN 025 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA. Partial Year Statement Comment: 4/30/96
- NORMALIZED PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING
COMMISSIONS, TENANT IMPROVEMENTS AND REPLACEMENT RESERVES TO
BASELINE IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 026 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
<PAGE>
LOAN 027 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 028 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTYTAXES, INSURANCE MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE. NORMALIZED
FINANCING
COSTS (CAPITAL REPAIRS) TO ZERO.
LOAN 029 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, PROPERTY MANAGEMENT, LEASING COMMISSIONS, TENANT
IMPROVEMENTS AND
REPLACEMENT RESERVES IN ACCORDANCE WITH ANALYSIS PARAMETERS IN
THE PSA.
LOAN 030 - 1: Partial Year Statement Comment: 12/31/95 - PROPERTY
ACQUIRED. JULY 28, 1995 STATEMENT REFLECTS 8-1-95 TO 12-31-95
PERFORMANCE.
NORMALIZED PASS THROUGH/ INCOME, PROPERTY TAXES, INSURANCE,
PROPERTY
MANAGEMENT FEES AT 4%, LEASING COMMISSIONS, TENANT IMPROVEMENTS, &
REPLACEMENT RESERVES.
LOAN 031 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, CAPITAL REPAIRS TO ZERO,
AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 032 - 1: Latest Annual Statement Comment: 12/31/95 - BORROWER
PROVIDED SINGLE OPERATING STATEMENT FOR ALL BUILDINGS. NORMALIZED
PROPERTY
TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT RESERVES TO
BASELINE IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 033 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 034 - 1:
LOAN 035 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA. NORMALIZED CAPITAL EXPENSES OF
$41,101.00 TO
ZERO.
LOAN 037 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, & REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH ANALYSIS
PARAMETERS.
LOAN 038 - 1:
LOAN 039 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 040 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, AND REPLACEMENT RESERVES TO BASELINE
IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 041 - 1: Status Comment: Loan scheduled to mature in November,
1996. Borrower indicates loan will be paid off at maturity from alternative
financing. Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 042 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 043 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS & REPLACEMENT RESERVES. A SIGNIFICANT PORTION OF SPACE
VACANT
IN 1995 IS NOW LEASED PER CONTROLLER. 96 BUDGET SEES REVENUES INCREASE
$157,900.00.
<PAGE>
LOAN 044 - 4: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 044 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 044 - 2: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, AND REPLACEMENT RESERVES TO BASELINE
IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 044 - 5: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 044 - 3: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 045 - 1:
LOAN 046 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 047 - 1: Status Comment: Loan scheduled to mature in November,
1996. Borrower indicates loan will be paid off at maturity from alternative
financing. Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, PROPERTY MANAGEMENT, AND REPLACEMENT RESERVES TO
BASELINE IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 048 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 049 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS
IN THE PSA.
LOAN 050 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
CAPITAL
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 051 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURNACE AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 052 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, LEASING COMMISSIONS, TENANT
IMPROVEMENTS AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA. REDUCED GENERAL & ADMINISTRATIVE EXPENSES BY NORMALIZED
MANAGEMENT
FEES AMOUNT.
LOAN 053 - 1:
LOAN 054 - 1:
LOAN 055 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 056 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
<PAGE>
LOAN 057 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, CAPITAL REPAIRS & REPLACEMENT RESERVES TO BASELINE IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN PSA.PROPERTY INCURRED
UNSUAL
REPAIRS TOTALING $161,159.
LOAN 058 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, LEASING COMMISSIONS AND REPLACEMENT RESERVES TO
BASELINE IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA..
LOAN 059 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 060 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 061 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 062 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH THE
ANALYSIS PARAMETERS IN THE PSA.
LOAN 063 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES IN
ACCORDANCE WITH BASELINE AND ANALYSIS PARAMETERS IN THE PSA.
LOAN 064 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 065 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 066 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS
IN THE PSA..
LOAN 067 - 1: Status Comment: Loan scheduled to mature in December,
1996. Borrower indicates loan will be paid off at maturity from alternative
financing. Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 068 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND REPLACEMENT
RESERVES IN
ACCORDANCE WITH THE ANALYSIS PARAMETERS IN THE PSA.
LOAN 069 - 1:
LOAN 070 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES. PASS THROUGH EXPENSES OF
$260,000.00 WERE NOT SEPARATED BY CPA.
LOAN 071 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES FROM
BASELINE ANALYSIS PARAMETERS IN THE PSA. BORROWER COMBINED TAXES
AND
INSURANCE TO SINGLE ITEM, SPLIT OUT BASED ON PRO RATA PERCENTAGE
FROM
BASELINE.
LOAN 072 - 1: Partial Year Statement Comment: 12/31/95 - PROPERTY
PURCHASED BY BORROWER MID YEAR. NORMALIZED PROPERTY TAXES,
INSURANCE,
MANAGEMENT FEES, AND REPLACEMENT RESERVES TO THE BASELINE
AMOUNTS IN
ACCORDANCE WITH THE ANALYSIS PARAMETERS IN THE PSA.
<PAGE>
LOAN 073 - 1: Status Comment: Loan scheduled to mature in November,
1996. Borrower indicates loan will be paid off at maturity from alternative
financing. Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 074 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES, LEASING COMMISSIONS, AND REPLACEMENT RESERVES TO
BASELINE
IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 075 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURNACE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENTANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 076 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 077 - 1: Status Comment: Transfer to special servicer 6/96 due to
maturity 7/96. Forbearance Agreement requires borrower to remit default
interest payments in consideration for granting the borrower additional time
(until 10/31/96) to pay the loan in full. Partial Year Statement
Comment: 7/31/96 - OPERATING STATEMENT AND NORMALIZATION PROVIDED BY
SPECIAL SERVICER.
LOAN 078 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES IN ACCORDANCE WITH THE
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 079 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 080 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH THE
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 081 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES, AND REPLACEMENT RESERVES IN
ACCORDANCE
WITH ANALYSIS PARAMETERS IN PSA. INSURANCE NORMALIZED TO 94 AMOUNT.
PROPERTY
RECEIVED EXTENSIVE CAPITAL IMPROVEMENTS TOTALING $210,390.00 THAT
WERE
NORMALIZED TO ZERO.
LOAN 082 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, CAPITAL REPAIRS AND
REPLACEMENT
RESERVES IN ACCORDANCE WITH BASELINE AND ANALYSIS PARAMETERS IN
THE PSA.
LOAN 083 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE AMOUNTS IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 084 - 1: Latest Annual Statement Comment: 12/31/95 - BASELINE
INFORMATION NOT PROVIDED; MANAGEMENT FEES ARE 2.47% AND WITHIN
ANALYSIS
PARAMETERS IN THE PSA. THEREFORE, NO NORMALIZATION ADJUSTMENTS
APPLIED.
LOAN 085 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 086 - 1: Latest Annual Statement Comment: 12/31/95 - NO BASELINE
OR HISTORICAL DATA AVAILABLE. NORMALIZED PROPERTY TAXES TO LOAN
SERVICING
SYSTEM AMOUNT. INSURANCE AMOUNT PROVIDED BY BORROWER.
MANAGEMENT FEES OF
6.1% NORMALIZED TO 5% IN ACCORDANCE WITH ANALYSIS PARAMETERS IN
PSA.
<PAGE>
LOAN 087 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANANGEMENT FEES AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 088 - 8: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 088 - 4: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 088 - 5: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 088 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 088 - 6: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 088 - 7: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 088 - 2: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 088 - 3: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 089 - 1:
LOAN 090 - 1: Latest Annual Statement Comment: 12/31/95 - VERIFIED WITH
FINANCIAL CONTACT THE PROPERTY TAX PASS THROUGH INCOME IS CORRECT
FOR 95.
NORMALIZED NON-REIMBURSED PROPERTY TAXES AND MANAGEMENT FEES,
LEASING
COMMISSIONS, TENANT IMPROVEMENTS & REPLACEMENT RESERVES IN
ACCORDANCE WITH
ANALYSIS PARAMETERS.
LOAN 091 - 1: Latest Annual Statement Comment: 12/31/95 - REPAIRS AND
MAINTENANCE INCLUDES $14,299.95 GRAFFITI REMOVAL. NORMALIZED
PROPERTY
TAXES, MANAGEMENT, LEASING COMMISSIONS, TENANT IMPROVEMENTS AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA.
LOAN 093 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES AND REPLACEMENT
RESERVES TO 1994
STATEMENT IN ACCORDANCE WITH THE ANALYSIS PARAMETERS IN THE PSA.
LOAN 094 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY INSURANCE, MANAGEMENT FEES, AND REPLACEMENT RESERVES
FROM BASELINE
AND ANALYSIS PARAMETERS FROM THE PSA.
LOAN 095 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 096 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
LEASING COMMISSIONS AND TENANT IMPROVEMENTS TO BASELINE IN
ACCORDANCE WITH
ANALYSIS PARAMETERS IN THE PSA.
<PAGE>
LOAN 097 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES AND REPLACEMENT RESERVES TO BASELINE AMOUNTS IN
ACCORDANCE
WITH THE ANALYSIS PARAMETERS IN THE PSA.
LOAN 099 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH THE ANALYSIS
PARAMETERS
IN THE PSA.
LOAN 100 - 1: Status Comment: Special servicer consented to assumption
4/26/96. Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES IN ACCORDANCE WITH THE BASELINE AND ANALYSIS PARAMETERS
IN THE PSA.
LOAN 101 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROP. TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS
TENANT
IMPROVEMENTS, & REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN PSA. REVENUE DECLINE DUE TO LOSS OF TENANTS
OWNER
WORKING TO FIND REPLACEMENTS.
LOAN 102 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA.
LOAN 103 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN THE
PSA.
LOAN 104 - 1: Latest Annual Statement Comment: 8/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 105 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA.
LOAN 106 - 2:
LOAN 106 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
CAPITAL REPAIRS TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS
IN THE
PSA.
LOAN 108 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 109 - 1:
LOAN 110 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 111 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPALCEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 112 - 2: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 112 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 113 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
<PAGE>
LOAN 114 - 1:
LOAN 114 - 2:
LOAN 115 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 116 - 1:
LOAN 117 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 118 - 1: Latest Annual Statement Comment: 12/31/95 - PROPERTY
TAXES AND REPAIRS ARE PASSED THROUGH TO THE TENANT. MANAGEMENT
FEES ARE
NORMALIZED AT 2% AND WITHIN THE ANALYSIS PARAMETERS IN THE PSA.
LOAN 119 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND REPLACEMENT
RESERVES IN
ACCORDANCE WITH BASELINE AND ANALYSIS PARAMETERS IN THE PSA.
LOAN 120 - 1:
LOAN 121 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, PROPERTY MANAGEMENT, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, &
REPLACEMENT RESERVES. MAJOR TENANT DOWN SIZED FROM 22,000 SQ FT TO
7000 SQ
FT LEAVING SOME SPACE VACANT 22 MONTHS. TENANT IMPR IS NET OF
REIMBURSEMENTS
PAID BY TENANT. Partial Year Statement Comment: 4/30/96 - NORMALIZED
INSURANCE, MGMT. FEES, LEASING COMMISSIONS, T. I. & REPLACEMENT
RESERVES IN
ACCORDANCE W/ ANALYSIS PARAMETERS IN PSA. EXCLUDED INCOME OF
$120,000 FOR
REIMBURSEMENT OF TENANT IMPROVEMENTS; REPAIRS MAINTENANCE SET AT
1995
AMOUNT.
LOAN 122 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA. REDUCED GENERAL AND ADMIN BY THE NORMALIZED MANAGEMENT
FEES AMOUNT.
LOAN 123 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, & REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH ANALYSIS
PARAMETERS. PASS THROUGH EXPENSES FOR GAS AND ELECTRIC LOWER AS
ONE TENANT
NOW HAS OWN METER.
LOAN 124 - 1:
LOAN 125 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES ACCORDING TO ANALYSIS
PARAMETERS.
PRIOR YEAR PERFORMANCE BASED ON A PARTIAL YEAR WHEN THE PROPERTY
WAS
MANAGED UNDER A RECEIVERSHIP. 95 OCCUPANCY & REVENUES ARE
SIGNIFICANTLY
HIGHER PER PROPERTY MGR.
LOAN 126 - 1:
LOAN 127 - 1: Latest Annual Statement Comment: 8/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 128 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 129 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES IN ACCORDANCE WITH PSA. REDUCED GENERAL &
ADMIN. BY
THE NORMALIZED MANAGEMENT FEE AMOUNT. PROPERTY TAXES PAID BY
TENANT NET OUT
BY BORROWER.
<PAGE>
LOAN 130 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 131 - 1: Partial Year Statement Comment: 12/31/95 - BORROWER
PURCHASED PROPERTY MID-1995, FULL YEAR STATEMENT IS NOT AVAILABLE.
NORMALIZED PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND
REPLACEMENT
RESERVES FROM BASELINE IN ACCORDANCE WITH THE ANALYSIS PARAMETERS
IN THE
PSA.
LOAN 132 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES, LEASING COMMISSIONS, AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA.
LOAN 133 - 1: Latest Annual Statement Comment: 12/31/95 - PROPERTY
TAXES AND REPAIRS ARE PASSED THROUGH TO TENANT. MANAGEMENT FEES
ARE
NORMALIZED AT 2% AND WITHIN ANALYSIS PARAMETERS IN THE PSA.
LOAN 134 - 1:
LOAN 135 - 1:
LOAN 136 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 137 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
AND TENANT
IMPROVEMENTS TO BASELINE IN ACCORDANCEMENT PARAMETERS,
LOAN 138 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 139 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA. CAPITAL REPAIRS OF $85,000 WERE FOR EARTHQUAKE
DAMAGE
NORMALIZED TO ZERO..
LOAN 140 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 141 - 1: Status Comment: Loan transferred to special servicer 4/96
due to borrower's inability to pay. Special servicer has indicated an
intent to foreclose or negotiate a discounted payoff. Latest Annual
Statement Comment: 12/31/95 - NORMALIZED PROPERTY TAXES, INSURANCE,
MANAGEMENT FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, CAPITAL
REPAIRS
AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS
IN THE PSA.
LOAN 142 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES AND REPLACEMENT RESERVES TO BASELINE IN
ACCORDANCE WITH THE
ANALYSIS PARAMETERS IN THE PSA.
LOAN 143 - 1: Status Comment: Loan scheduled to mature in April, 1997.
Latest Annual Statement Comment: 12/31/95 - NORMALIZED INSURANCE,
MANAGEMENT FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
PROPERTY
REPRESENTS A 17.9% PRO-RATA PORTION OF STATEMENT SUBMITTED BY
BORROWER ALL
ARE ALIKE.
LOAN 144 - 1:
LOAN 145 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH THE
ANALYSIS PARAMETERS IN THE PSA.
<PAGE>
LOAN 146 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES & REPLACEMENT RESERVES
TO
BASELINE IN ACCORDANCE WITH THE ANALYSIS PARAMETERS IN THE PSA.
LOAN 147 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 148 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 149 - 1: Latest Annual Statement Comment: 3/31/96 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA. 19,500 OF 69,121 SF OFFICE SPACE IS VACANT. OTHER
VACANCY IS FOR STORAGE.
LOAN 150 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 151 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS
AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 152 - 1: Latest Annual Statement Comment: 12/31/95 - STATEMENT IS
COMBINED FOR ALL RELATED PROPERTIES. NORMALIZED PROPERTY
MANAGEMENT, LEASING
COMMISSIONS, TENANT IMPROVEMENTS, AND REPLACEMENT RESERVES TO
THE BASELINE IN
ACCORDANCE WITH THE ANALYSIS PARAMETERS IN THE PSA.
LOAN 153 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS
IN THE PSA.
LOAN 154 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 155 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 156 - 1: Status Comment: Loan scheduled to mature in April, 1997.
LOAN 157 - 1: Status Comment: Consistently delinquent. Latest
Annual Statement Comment: 12/31/95 - NORMALIZED PROPERTY TAXES, INSURANCE,
MANAGEMENT FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA.
LOAN 158 - 1: Latest Annual Statement Comment: 12/31/95 - BASELINE
INFORMATION NOT AVAILABLE TO NORMALIZE STATEMENT.
LOAN 159 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENENT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 160 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
LEASING COMMISSIONS, INSURANCE, MANAGEMENT FEES, LEASING
COMMISSIONS,
TENANT IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN
ACCORDANCE WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 161 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS IN
THE PSA.
<PAGE>
LOAN 162 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURNACE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 163 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 164 - 1: Latest Annual Statement Comment: 12/31/95 - PROPERTY
TAXES AND REPAIRS ARE PASSED THROUGH TO THE TENANT. MANAGEMENT
FEES ARE
NORMALIZED AT 2% AND WITHIN THE ANALYSIS PARAMETERS IN THE PSA.
LOAN 165 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS
IN THE PSA. OTHER INCOME REPRESENTS BAD DEBTS EXPENSE REALIZED THIS
YEAR.
LOAN 166 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 167 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 168 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES, REPLACEMENT RESERVES, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA.
LOAN 169 - 1: Latest Annual Statement Comment: 9/30/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 170 - 1: Latest Annual Statement Comment: 12/31/95 - PROPERTY
TAXES AND REPAIRS ARE PASSED THROUGH TO THE TENANT. MANAGEMENT
FEES ARE
NORMALIZED AT 2% IN ACCORDANCE WITH THE ANALYSIS PARAMETERS IN THE
PSA.
LOAN 171 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
CAPITAL IMPROVEMENTS TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 172 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA.
LOAN 173 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, GROUND LEASE AND REPLACEMENT RESERVES TO BASELINE.
REDUCED
OTHER EXPENSES TO ZERO TO ELIMINATE DUPLICATION OF GROUND LEASE
EXPENSE.
LOAN 174 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 175 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 176 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
CAPITAL REPAIRS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
<PAGE>
LOAN 177 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS
AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS
IN THE PSA.
LOAN 178 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 179 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 180 - 1:
LOAN 181 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 182 - 2: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 182 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 183 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 184 - 1: Latest Annual Statement Comment: 12/31/95 - BASELINE NOT
AVAILABLE TO NORMALIZE BORROWER STATEMENT.
LOAN 185 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES, AND REPLACEMENT RESERVES TO BASELINE IN
ACCORDANCE WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 186 - 1:
LOAN 187 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 188 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 188 - 2: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 189 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
NORMALIZED
CAPITAL IMPROVMENTS TO ZERO.
LOAN 190 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS
IN THE PSA.
LOAN 191 - 1: Status Comment: DSCR as of 12/31/95 was 0.61. The
property had a tenant downsize from 29,000 sf to 8,900 sf. Occupancy as of
2/29/96 was 49%. Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROP. TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMM, TENANT
IMPROVEMENTS,
REPLACEMENT RESERVES TO BASELINE. PASS THROUGH INCOME DECLINED DUE
TO TENANT
DOWNSIZE. 1994 OTHER INCOME NOT TYPICAL FOR PROPERTY PER BORROWER.
<PAGE>
LOAN 192 - 1: Latest Annual Statement Comment: 12/31/95 - DISTRESSED
PROPERTY AQUIRED ON 10-6-95, NOW IN TURNAROUND. NORMALIZED PROPERTY
TAXES,
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS &
REPLACEMENT RESERVES TO BASELINE. NORMALIZED REPAIRS & MAINT,
GENERAL AND
ADMINISTRATIVE.
LOAN 193 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY MANAGEMENT AND REPLACEMENT RESERVES TO BASELINE IN
ACCORDANCE WITH
THE ANALYSIS PARAMETERS IN THE PSA.
LOAN 194 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 195 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 196 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA. Partial Year Statement Comment:
4/30/96 - NORMALIZED PROPERTY TAXES, INSURANCE, MANAGEMENT FEES,
LEASING
COMMISSIONS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 197 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 198 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, GROUND LEASE AND REPLACEMENT RESERVES TO BASELINE
IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.. REDUCED OTHER
EXPENSES TO
ZERO TO ELIMINATE DUPLICATION OF GROUND LEASE EXPENSE.
LOAN 199 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
COMMISSIONS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH THE
ANALYSIS PARAMETERS IN THE PSA.
LOAN 200 - 1: Status Comment: Loan scheduled to mature in April, 1997.
Latest Annual Statement Comment: 12/31/95 - NORMALIZED PROPERTY TAXES,
INSURANCE MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA. Partial Year Statement Comment: 3/31/96 - NORMALIZED PROPERTY
TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS
IN THE PSA.
LOAN 201 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA. PROPERTY TAXES NORMALIZED TO SERVICING SYSTEM AMOUNT DUE
FOR 1996.
Partial Year Statement Comment: 7/31/96 - 1996 RENT ROLL NOT PROVIDED
BY BORROWER.
LOAN 202 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, GROUND LEASE, AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA.
LOAN 203 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA.
LOAN 204 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
<PAGE>
LOAN 205 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS & REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH ANALYSIS
PARAMETERS IN THE PSA. 1995 REVENUE WAS LOWER BECAUSE OF EVICTION OF
TENANT.
LOAN 206 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, PROPERTY MANAGEMENT, LEASING
COMMISSIONS, TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 207 - 1: Status Comment: Transferred to special servicer 8/96 due
to imminent default. Inspection completed. Demand letter sent. Appraisal
ordered. Negotiating modification.
LOAN 208 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA. REDUCED GENERAL & ADMIN EXPENSES BY
NORMALIZED MANAGEMENT FEE AMOUNT.
LOAN 209 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 210 - 1: Status Comment: Loan matured in July, 1996 and is subject
to a first lien. Midland recently amended the recommended extension period
to 12/15/96 and will forward it to the special servicer for their consent.
Latest Annual Statement Comment: 12/31/95 - NORMALIZED CAPITAL
IMPROVEMENTS & REPLACEMENT RESERVES PER SERVICING INFORMATION.
DEBT SERVICE
COMBINED FOR BOTH 1ST AND 2ND MORTGAGES TOTALS $1,394,412. Partial Year
Statement Comment: 8/31/96 - NORMALIZED PROPERTY TAXES PER SERVICING
INFORMATION.
LOAN 211 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 212 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 213 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENTANT
IMPROVMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 214 - 1:
LOAN 215 - 1:
LOAN 216 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, CAPITAL REPAIRS AND REPLACEMENT RESERVES IN
ACCORDANCE WITH
ANALYSIS PARAMETERS IN PSA. MAJOR REPAIRS OF $27,000 WERE INCURRED
FOR FLOOD
(CAPITAL REPAIRS).
LOAN 217 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 218 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 219 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED,
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
<PAGE>
LOAN 220 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 221 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE. DEBT SERVICE
INCLUDING
BOTH 1ST AND 2ND MORTGAGES TOTALS $3,273.388. NORMALIZED DSCR 1.05 &
1.01
AFTER CAPITAL EXPENSES
LOAN 222 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, AND REPLACEMENT RESERVES TO BASELINE
IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 223 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, REPLACEMENT RESERVES,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 224 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 225 - 1: Status Comment: Loan scheduled to mature in March, 1997.
LOAN 226 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 227 - 1:
LOAN 228 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 229 - 1: Status Comment: Rent roll indicates that largest tenant
vacated 12/31/95. Second largest tenant is currently re-negotiating the
current lease that expires 3/31/97. The third tenant had their lease expire
on 12/31/95 and is currently paying month to month rent. Latest Annual
Statement Comment: 12/31/95 - NORMALIZED PROPERTY TAXES, INSURANCE,
MANAGEMENT FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA. 1/2
OF BUILDING IS CURRNETLY VACANT BORROWER LOOKING FOR NEW TENANT.
LOAN 230 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA. PROPERTY HAD SECOND MORTGAGE FOR PORTION OF
YEAR IT
BUT REPORTEDLY PAID IN FULL.
LOAN 231 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 232 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE. MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 233 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 234 - 1:
LOAN 235 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
<PAGE>
LOAN 236 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH THE
ANALYSIS PARAMETERS IN THE PSA.
LOAN 237 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA.
LOAN 238 - 1:
LOAN 239 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE MANANGEMENT FEES, LEASING COMMISSIONS,
AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 240 - 1:
LOAN 241 - 1: Status Comment: Loan scheduled to mature in February,
1997. Borrower indicates loan will be paid off at maturity from alternative
financing. Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 242 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
TAXES, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS,
&
REPLACEMENT RESERVES TO BASELINE. PROPERTY RECEIVING RENTS ON 54%
OF SPACE
BUT ONLY 9% OCCUPIED. PROPERTYUNDER CONTRACT TO CLOSE IN JULY.
LOAN 243 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 244 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 245 - 1:
LOAN 246 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 247 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, & REPLACEMENT
RESERVES IN
ACCORDANCE WITH THE PSA. REDUCED GENERAL & ADMIN. EXPENSES BY THE
NORMALIZED MANAGEMENT FEES. PROPERTY TAXES NETTED OUT ON
BORROWER STATEMENT
PAID BY TENTANT.
LOAN 248 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, AND REPLACEMENT RESERVES TO BASELINE
IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 249 - 1:
LOAN 250 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA..
LOAN 251 - 1: Latest Annual Statement Comment: 12/31/95 - BASELINE OR
HISTORICAL INFORMATION NOT AVAILABLE. NORMALIZED PROPERTY TAXES
AND
INSURANCE TO SERVICING SYSTEM AMOUNTS IN ACCORDANCE WITH ANALYSIS
PARAMETERS
IN THE PSA..
LOAN 252 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
<PAGE>
LOAN 253 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES TO SERVICING SYSTEM AMOUNT AND MANAGEMENT FEES AT
4% OF TOTAL
REVENUE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 254 - 1: Status Comment: Borrowing entity is related to loan that
is 30+ days delinquent and is at special servicer. Latest Annual
Statement Comment: 12/31/95 - NORMALIZED PROPERTY TAXES, INSURANCE,
MANAGEMENT FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA.
LOAN 255 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 256 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA. REDUCED GENERAL AND ADMINISTRATIVE BY THE NORMALIZED
MANAGEMENT
FEE AMOUNT.
LOAN 257 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA.
LOAN 258 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, & REPLACEMENT RESERVES IN ACCORDANCE WITH ANALYSIS
PARAMETERS.
NORMALIZED CAPITAL IMPROVEMENTS OF $22,000 TO ZERO, NOT CONSIDERED A
PROPERTY RELATED EXPENSE.
LOAN 259 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES AND REPLACEMENT RESERVES TO
BASELINE IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 260 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES AND REPLACEMENT RESERVES TO
BASELINE IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 261 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS
IN THE PSA.
LOAN 262 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH THE
ANALYSIS PARAMETERS IN THE PSA.
LOAN 263 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH THE
ANALYSIS PARAMETERS IN THE PSA.
LOAN 264 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 265 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 266 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 267 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
<PAGE>
LOAN 268 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 269 - 1: Status Comment: Loan scheduled to mature in March, 1997.
Borrower indicates loan will be paid off at maturity from alternative
financing. Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 270 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, TENANT IMPROVEMENTS, CAPITAL
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 271 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 272 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURNACE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THEPSA.
LOAN 273 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
CAPITAL
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 274 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 275 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH THE
ANALYSIS PARAMETERS IN THE PSA.
LOAN 276 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, REPLACEMENT RESERVES TO BASELINE. NORMALIZED CAPITAL
REPAIRS
OF $55,800 TO ZERO. NEW TENANT IN PLACE 96 PROJECTED TO BE SIGNIFICANTLY
BETTER PERFORMANCE.
LOAN 277 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 278 - 1:
LOAN 279 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 280 - 1: Latest Annual Statement Comment: 9/30/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, CAPITAL IMPROVEMENTS
AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 281 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 282 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
CAPITAL IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN
ACCORDANCE
WITH ANALYSIS PARAMETERS IN THE PSA.
<PAGE>
LOAN 283 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 284 - 1: Latest Annual Statement Comment: 12/31/95 - PROPERTY
RECEIVED MAJOR RENOVATION /REPAIRS TOTALING $93,000.00. NORMALIZED
PROPERTY
TAXES, MANAGEMENT FEES, CAPITAL REPAIRS AND REPLACEMENT RESERVES
TO BASELINE
IN ACCORDANCE WITH THE ANALYSIS PARAMETERS IN THE PSA.
LOAN 285 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 286 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 287 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 288 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 289 - 1: Partial Year Statement Comment: 12/31/95 - PROPERTY
ACQUIRED 9-1-95. NORMALIZED PROPERTY TAXES, INSURANCE, MANAGEMENT
FEES,
LEASING COMMISSIONS TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA. NORMALIZED UTILITIES TO BASELINE.
LOAN 290 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 291 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 292 - 1:
LOAN 293 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 294 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 295 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH THE
ANALYSIS PARAMETERS IN THE PSA.
LOAN 296 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, REPLACEMENT RESERVES,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 297 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 298 - 1: Status Comment: Loan scheduled to mature in April, 1997.
Latest Annual Statement Comment: 12/31/95 - NORMALIZED MANAGEMENT FEES
AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS
IN THE PSA.
<PAGE>
LOAN 299 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MGMT. FEES, LEASING COMM., TENANT
IMPROVEMENTS &
REPLACEMENT RES. IN ACCORDANCE WITH ANALYSIS PARAMETERS IN PSA.
POPERTY
MANAGER AWAITING BEST TENANT FOR MAXIMUM SPACE UTILIZATION TO
MINIMIZE
TENANT IMPROVMENT COSTS.
LOAN 300 - 1:
LOAN 301 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE. 1995 SAW A
REDUCTION IN
TENANT REIMBURSEMENTS FOR SOME TENANTS PER ACCOUNTANT.
LOAN 302 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 303 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 304 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, TENANT IMPROVEMENTS, LEASING COMMISSIONS, REPLACEMENT
RESERVES,
AND MANAGEMENT FEES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 305 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 306 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 307 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE AND REPLACEMENT RESERVES TO BASELINE IN
ACCORDANCE
WITH THE ANALYSIS PARAMETERS IN THE PSA.
LOAN 308 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA. BORROWER INDICATES PROJECTED 96 REVENUES ARE 8% HIGHER
THAN 1995.
LOAN 309 - 1:
LOAN 310 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 311 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS
IN THE PSA.
LOAN 312 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, CAPITAL
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 313 - 1: Latest Annual Statement Comment: 12/31/95 - NO BASELINE
OR HISTORICAL INFORMATION AVAILABLE. THEREFORE, NO NORMALIZATION
APPLIED.
LOAN 314 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
<PAGE>
LOAN 315 - 1: Status Comment: Loan scheduled to mature in December,
1996. Borrower indicates loan will be paid off at maturity from alternative
financing. Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES, LEASING COMMISSIONS, AND REPLACEMENT RESERVES TO
BASELINE
IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 316 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 317 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 318 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 319 - 1: Status Comment: Check for 9/1/96 payment was returned
NSF.
LOAN 320 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURNACE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
CAPITAL IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN
ACCORDANCE
WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 321 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPALCEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 322 - 1:
LOAN 323 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, AND REPLACEMENT RESERVES TO BASELINE
IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 324 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 325 - 1: Status Comment: Full payoff received 9/20/96. Latest
Annual Statement Comment: 12/31/95 - NORMALIZED PROPERTY TAXES,
MANAGEMENT
FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 326 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS
IN THE PSA.
LOAN 327 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 328 - 1:
LOAN 329 - 1:
LOAN 330 - 2:
LOAN 330 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 331 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
<PAGE>
LOAN 332 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 333 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 334 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 335 - 1: Status Comment: Loan scheduled to mature in March, 1997.
Latest Annual Statement Comment: 12/31/95 - NORMALIZED PROPERTY TAXES,
INSURANCE, MANAGEMENT FEES, AND REPLACEMENT RESERVES TO BASELINE
IN ACCORDANCE
WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 336 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, PROPERTY MANAGEMENT, LEASING
COMMISSIONS, TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 337 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 338 - 1:
LOAN 339 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH THE
ANALYSIS PARAMETERS IN THE PSA.
LOAN 340 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 341 - 1: Status Comment: Loan scheduled to mature in February,
1997. Borrower indicates loan will be paid off at maturity from alternative
financing.
LOAN 342 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA.
NORMALIZED REVENUE BY INCREASING REVENUE $32,000 FOR 95 RENT PAID IN
1994.
LOAN 343 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 344 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 345 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH THE
ANALYSIS PARAMETERS IN THE PSA.
LOAN 346 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, AND REPLACEMENT RESERVES TO BASELINE IN
ACCORDANCE WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 347 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURNACE, MANAGEMENT FEES, LEASING COMMISSIONS,
AND
REPLACMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA. OTHER INCOME REPRESENTS BAD DEBRT EXPENSE.
<PAGE>
LOAN 348 - 1: Status Comment: Transferred to special servicer 4/96 due
to imminent default. Borrower states property needs funds for earthquake
(1/94) repairs and has requested discount or write-off of debt. Report from
Structural Engineer ordered. Latest Annual Statement Comment: 12/31/95
- - NORMALIZATION NOT APPLIED DUE TO A LACK OF BASELINE AND/OR
HISTORICAL
INFORMATION. BORROWER'S STATEMENT APPEARS TO BE AN ESTIMATE OF
EXPENSES
RATHER THAN ACTUAL AMOUNTS. Partial Year Statement Comment: 4/30/96 -
OPERATING STATEMENT AND NORMALIZATION PROVIDED BY SPECIAL
SERVICER.
LOAN 349 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, TENANT IMPROVEMENTS,
LEASING
COMMISSIONS, TENANT IMPROVEMENTS, REPLACEMENT RESERVES, AND
CAPITAL REPAIRS
TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 350 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
REPLACEMENT RESERVES, AND MANAGEMENT FEES IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 351 - 1:
LOAN 352 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
CAPITAL
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 353 - 1:
LOAN 354 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 355 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA. PROPERTY LOST MAJOR TENANT DURING YEAR BUT THEY ARE
WORKING TO FIND
REPLACEMENT.
LOAN 356 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 357 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA. REDUCED EXPENSES BY NORMALIZED PROPERTY MANAGEMENT FEES
AMOUNT.
LOAN 358 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA. REDUCED GENERAL AND ADMINISTRATIVE EXPENSES BY THE
NORMALIZED
MANAGEMENT FEES.
LOAN 359 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS
IN THE PSA.
LOAN 360 - 1: Status Comment: Loan scheduled to mature in April, 1997.
Latest Annual Statement Comment: 12/31/95 - NORMALIZED PROPERTY TAXES,
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 361 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 362 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
<PAGE>
LOAN 363 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 364 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
TAXES, INS., MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, &
REPLACEMENT RESERVES IN ACCORDANCE WITH ANALYSIS PARAMETERS.
BORROWER
EXPREIENCED PROBLEMS WITH CREDITOR FILED CHAPTER 11 BANKRUPTCY
MAINTAINED
LOAN CURRENT THROUGHOUT
LOAN 365 - 1:
LOAN 366 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 367 - 1:
LOAN 368 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 369 - 1:
LOAN 370 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
CAPITAL
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 371 - 1: Partial Year Statement Comment: 12/31/95 - OWNER
ACQUIRED PROPERTY EFFECTIVE 9-5-95. NORMALIZED PROPERTY TAXES,
MANAGEMENT
FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 372 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES AND REPLACEMENT RESERVES TO BASELINE AMOUNTS IN
ACCORDANCE
WITH THE ANALYSIS PARAMETERS IN THE PSA.
LOAN 373 - 1:
LOAN 374 - 1:
LOAN 375 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES AND REPLACEMENT RESERVES TO BASELINE
IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 376 - 1: Status Comment: Loan transferred to special servicer 7/96
due to maturity 7/96. Special Servicer is negotiating extension.
Latest Annual Statement Comment: 12/31/95 - NORMALIZED INSURANCE,
MANAGEMENT
FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA. Partial
Year Statement Comment: 8/31/96 - NORMALIZED STATEMENT IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA. LEASING COMMISSION AND TENANT IMPR.
BASED ON
STABILIZED OCC. OF 90% AND AVERAGE TERM OF 3 YEARS. RENTAL INCOME
ADJUSTED
TO REFLECT 11,000 SF OF NEW LEASES.
LOAN 377 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 378 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA. PROPERTY UNDER NEW OWNERSHIP AND
MANAGEMENT
AND IN TURN AROUND
LOAN 379 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 380 - 1:
<PAGE>
LOAN 381 - 1:
LOAN 382 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
CAPITAL
IMPROVEMENTS AND PROPERTY MANAGEMENT TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 383 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 384 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROP. TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT IMPR.,
& REPLACEMENT RESERVES TO BASELINE. IN 94 & 95 BORROWER REDUCED
RENT TO
KEEP TENANT RESULTING IN LOSS OF REVENUES BUT LOSSES WERE REFLECTED
IN 1995
STATEMENT.
LOAN 385 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA. COLLATERAL REPRESENTS 45% OF
BUILDING
COMPLEX TOTAL.
LOAN 386 - 1:
LOAN 387 - 1: Latest Annual Statement Comment: 12/31/95 - (PER
TELEPHONE CALL) PROPERTY IS MASTER LEASED TO MCV. LEASE IS NNN ALL
EXPENSES
PAID BY TENNANT.
LOAN 388 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PASS THROUGH/ESCALATIONS, PROPERTY TAXES, INSURANCE, MANAGEMENT
FEES,
LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 389 - 1: Status Comment: Loan scheduled to mature in March, 1997.
Latest Annual Statement Comment: 12/31/95 - NORMALIZED PROPERTY TAXES,
INSURNACE, MANAGEMENT FEES, AND REPLACEMENT RESERVES TO BASELINE
IN ACCORDANCE
WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 390 - 1:
LOAN 391 - 1:
LOAN 392 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 393 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALSYIS PARAMETERS IN THE PSA.
LOAN 394 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, TENANT IMPROVEMENTS,
LEASING
COMMISSIONS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 395 - 1:
LOAN 396 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 397 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 398 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 399 - 1:
<PAGE>
LOAN 400 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA. EXCLUDED $79,000 REVENUE ITEM FOR
LEASE
CANCELLATION FEE.
LOAN 401 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, AND REPLACEMENT RESERVES TO BASELINE IN
ACCORDANCE WITH ANALYSIS PARAMETERS. NORMALIZED MANAGEMENT
FEES AT ONE HALF
AS BORROWER DISCONTINUED OFF SITE MANAGEMENT MID YEAR.
LOAN 402 - 1: Status Comment: Borrowing entity is related to loan that
is 30+ days delinquent and is at special servicer. Latest Annual
Statement Comment: 12/31/95 - NORMALIZED PROPERTY TAXES, INSURANCE,
MANAGEMENT FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA.
LOAN 403 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 404 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 405 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH THE ANALYSIS
PARAMETERS
IN THE PSA.
LOAN 407 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, CAPITAL IMPROVEMENTS, AND REPLACEMENT RESERVES TO
BASELINE IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 409 - 1: Status Comment: Special servicer consented to assumption
6/26/96. Latest Annual Statement Comment: 12/31/95 - NORMALIZED PROPERTY
TAXES, INSURANCE, MANAGEMENT FEES, CAPITAL IMPROVEMENTS, AND
REPLACEMENT
RESERVES TO BASELINE AMOUNTS IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN THE
PSA.
LOAN 410 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 411 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 412 - 1:
LOAN 413 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES, LEASING COMMISSIONS, AND TENANT
IMPROVEMENTS TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS
IN THE PSA.
LOAN 414 - 1: Status Comment: The property is currently vacant. The
building is listed with a real estate broker and they anticipate it will
take 4 to 6 months to find a suitable, health care related tenant.
Latest Annual Statement Comment: 12/31/95 - NORMALIZED PROPERTY TAXES,
MANAGEMENT FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA.
LOAN 415 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS
IN THE PSA.
LOAN 416 - 1:
<PAGE>
LOAN 417 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 418 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH THE ANALYSIS PARAMETERS IN
THE PSA.
LOAN 419 - 1: Status Comment: Transferred to special servicer 6/96 due
to imminent default. Special servicer has indicated an intent to foreclose
or accept deed-in-lieu of foreclosure. Latest Annual Statement Comment:
12/31/95 - NORMALIZED PROPERTY TAXES, INSURANCE, MANAGEMENT FEES,
LEASING
COMMISSIONS, TENANT IMPROVEMENTS, AND REPLACEMENT RESERVES TO
BASELINE IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 420 - 1:
LOAN 421 - 1:
LOAN 422 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 423 - 1: Status Comment: Loan scheduled to mature in February,
1997.
LOAN 424 - 1:
LOAN 425 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 426 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, LEASING COMMISSIONS, TENANAT
IMPROVEMENTS AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 427 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, &
REPLACEMENT RESERVES TO BASELINE. EXCLUDED REVENUE (OTHER INCOME)
OF $10,000
FROM BORROWER GENERAL FUND. DEBT SERVICE IS COMBINED FOR 1ST AND
2ND
MORTGAGE.
LOAN 428 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 429 - 1:
LOAN 430 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 431 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 432 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 433 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY INSURANCE, AND REPLACEMENT RESERVES TO BASELINE IN
ACCORDANCE WITH
ANALYSIS PARAMETERS IN THE PSA.
<PAGE>
LOAN 434 - 1: Status Comment: Transferred to special servicer due to
maturity 6/96. Modification implemented will extend maturity to 3/1/01,
decrease interest rate, and amortization period. Mod presented greater
recovery than foreclosure. Alternative financing was not available.
Latest Annual Statement Comment: 12/31/95 - NO BASELINE INFORMATION
AVAILABLE FOR NORMALIZING STATEMENT.
LOAN 435 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, REPLACEMENT RESERVES IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA. EXCLUDED $48,598.00 IN OTHER EXPENSES ASSOCIATED WITH
RECEIVERSHIP.
LOAN 436 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 437 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 438 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 439 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS
IN THE PSA.
LOAN 440 - 2: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURNACE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 441 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PROCEDURES IN THE PSA.
LOAN 442 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 443 - 2:
LOAN 443 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
REPLACEMENT RESERVES IN ACCORDANCE WITH ANALYSIS PARAMETERS IN
THE PSA.
PROPERTY MANAGER REPORTS THERE WERE NO CAPITAL REPAIRS INCLUDED IN
THE 95
STATEMENT.
LOAN 444 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA.
LOAN 445 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA. EXPENSES WERE REDUCED BY THE NORMALIZED
AMOUNT OF
MANAGEMENT FEES.
LOAN 446 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 447 - 1: Status Comment: Loan scheduled to mature in November,
1996. Borrower has indicated that loan will be paid off at maturity from
alternative financing. Latest Annual Statement Comment: 12/31/95 -
NORMALIZED INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA.
<PAGE>
LOAN 448 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 449 - 1:
LOAN 450 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES TO THE 1996 ESTIMATED AMOUNT DUE AND CAPITAL
EXPENDITURES TO
ZERO; MANAGEMENT FEES ARE WITHIN THE ANALYSIS PARAMETERS IN THE
PSA.
LOAN 451 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, AND REPLACEMENT RESERVES TO BASELINE IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 452 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, AND REPLACEMENT RESERVES TO BASELINE
IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 453 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 454 - 1: Status Comment: Borrower indicated in a letter that
Federal Express plans to vacate the building in the spring or summer of
1996. In addition, loan is scheduled to mature in December, 1996. Borrower
indicated that the property is under contract to sell in Sept., 1996.
Latest Annual Statement Comment: 12/31/95 - NORMALIZED PROPERTY TAXES,
MANAGEMENT FEES, LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND
REPLACEMENT
RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE
PSA.
LOAN 455 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 456 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, & REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH ANALYSIS
PARAMETERS IN THE PSA. BORROWER COMBINED PASS THROUGHS & REVENUE
IN SINGLE
REVENUE CATEGORY.
LOAN 457 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETER IN THE PSA.
LOAN 458 - 1: Latest Annual Statement Comment: 4/30/96 - NORMALIZED
BASE RENT TO 95 STATEMENT, PROPERTY TAXES, INSURANCE, MANAGEMENT
FEES,
LEASING COMMISSIONS, TENANT IMPROVEMENTS, AND REPLACEMENT
RESERVES TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 459 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 460 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENTANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 461 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS,
AND REPLACEMNT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS
IN THE PSA.
LOAN 462 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
<PAGE>
LOAN 463 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS
AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 464 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 465 - 1: Status Comment: Loan scheduled to mature in November,
1996. Borrower has indicated that loan will be paid off at maturity from
alternative financing.
LOAN 466 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN
THE PSA.
LOAN 467 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND LEASING
COMMISSIONS TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 468 - 1: Status Comment: Loan matured in September, 1996.
Borrower is obtaining alternative financing and is expected to pay off by
11/8/96. Latest Annual Statement Comment: 12/31/95 - NORMALIZED PROPERTY
TAXES, AND MANAGEMENT FEES TO BASELINE IN ACCORDANCE WITH
ANALYSIS PARAMETERS
IN THE PSA.
LOAN 469 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANGEMENT FEES, LEASING COMMISSIONS, AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
LOAN 470 - 1: Status Comment: Transferred to special servicer 7/96 due
to imminent default. Borrower requested discounted payoff which has been
denied. Appraisal received. Borrower indicates they will keep loan
current. Latest Annual Statement Comment: 12/31/95 - STATEMENT INCLUDING
NORMALIZATION PROVIDE BY SPECIAL SERICER. Partial Year Statement
Comment: 6/30/96 - STATEMENT NORRMALIZATION PROVIDED BY SPECIAL
SERVICER.
LOAN 471 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, AND CAPITAL IMPROVEMENTS TO BASELINE IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA. 95 YEAR END EXPENSE
PASS
THROUGHS WERE NOT YET PAID BY TENANTS TOTALING APPROXIMATELY
$68,000.00
LOAN 472 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN THE
PSA.
LOAN 473 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, AND LEASING COMMISSIONS TO BASELINE IN
ACCORDANCE
WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 474 - 1: Latest Annual Statement Comment: 12/31/95 - COMBINED
STATEMENT FOR BOTH PROPERTIES. NORMALIZED PROPERTY TAXES AND
INSURANCE TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 475 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND LEASING
COMMISSIONS TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 476 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, AND LEASING COMMISSIONS, TO BASELINE IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 477 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, PROPERTY MANAGEMENT FEE, AND TENANT IMPROVEMENTS TO
BASELINE IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 478 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
LEASING COMMISSIONS TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA.
<PAGE>
LOAN 479 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, AND LEASING COMMISSIONS TO BASELINE IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA. NORMALIZED CAPITAL
IMPROVEMENTS OF $17,000 TO ZERO AS THEY ARE A NON-RECURRING EXPENSE.
LOAN 480 - 1:
LOAN 481 - 1:
LOAN 482 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
CAPITAL
IMPROVEMENTS & REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH ANALYSIS
PARAMETERS IN THE PSA. DEBT SERVICE IS COMBINED AND ESTIMATED FOR
BOTH 1ST
AND 2ND MORTGAGES.
LOAN 483 - 1: Status Comment: Borrowing entity is related to loan that
is 30+ days delinquent and is at special servicer. Latest Annual
Statement Comment: 12/31/95 - NO BASELINE AVAILABLE NORMALIZED INSURANCE
AND MANAGEMENT FEES TO 1994 STATEMENT NORMALIZED PROPERTY TAXES
TO SERVICING
SYSTEM AMOUNT. NORMALIZARTIONS ARE WITHIN THE PARAMETERS IN THE
PSA.
LOAN 484 - 1: Latest Annual Statement Comment: 12/31/95 - BASELINE NOT
AVAILABLE: NORMALIZED PROPERTY TAXES TO SERVICING SYSTEM ESCROW
AMOUNT AND
MANAGEMENT FEES TO 5% OF TOTAL REVENUES (WITHIN ANALYSIS
PARAMETERS) AND
CAPITAL REPAIRS TO ZERO.
LOAN 485 - 1: Status Comment: Loan matured in June, 1996. One year
extension request has been approved. Pending execution of docs. Special
servicer consented 5/24/96. Latest Annual Statement Comment: 12/31/95 -
BORROWER REPORTS PROPERTY REC'D CAPITAL REPAIRS COSTING $10,000.00;
$10,000.00 OF PROFESSIONAL FEES FOR RE-WORKING PARTNERSHIP AGREEMENT.
NORMALIZED PROPERTY TAX, INSURANCE, MGMT FEES, LEASING COM, CAP
IMPROVEMENTS
IN ACCORDANCE WITH ANALYSIS PARAMETERS.
LOAN 486 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES AND INSURANCE TO BASELINE IN ACCORDANCE WITH THE
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 487 - 1: Latest Annual Statement Comment: 6/30/95 - NORMALIZED
PROPERTY TAXES, INSURANCE AND LEASING COMMISSIONS TO BASELINE IN
ACCORDANCE
WITH ANALYSIS PARAMETERS IN THE PSA. EXCLUDED OFFICERS SALARIES OF
$140,000
(EXPENSE) AND INCOME $59,673 (INCOME) FROM PREVOUS YEAR. Partial Year
Statement Comment: 12/31/95 - PROPERTY YEAR END IS 6-30-95. NORMALIZED BASE
RENT, PROPERTY TAXES, INSURANCE IN ACCORDANCE WITH ANALYSIS
PARAMETERS.
NORMALIZED REPAIRS AND MAINTENANCE AND BASE RENT FOR YEAR END.
EXCLUDED
OFFICERS SALARIES OF $112,258.00 FROM EXPENSES.
LOAN 488 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS TO
BASELINE
IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 489 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES AND INSURANCE TO BASELINE IN ACCORDANCE WITH THE
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 490 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, AND INSURANCE TO BASELINE IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 491 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE AND MANAGEMENT FEES TO BASELINE IN ACCORDANCE WITH THE
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 492 - 1: Latest Annual Statement Comment: 12/31/95 - TENANT PAYS
ALL EXPENSES. NO NORMALIZATION REQUIRED.
LOAN 493 - 1:
LOAN 494 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, AND LEASING COMMISSIONS TO BASELINE IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
<PAGE>
LOAN 495 - 1: Status Comment: Loan scheduled to mature in December,
1996. Borrower indicates loan will be paid off at maturity from alternative
financing. Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES AND INSURANCE TO BASELINE IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 496 - 1: Partial Year Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE AND MANAGEMENT FEES TO BASELINE IN
ACCORDANCE WITH
ANALYSIS PARAMETERS IN THE PSA. NEW BORROWER UNABLE TO PROVIDE 1ST
SIX
MONTHS OPERATING STATEMENTS FROM PREVIOUS OWNER.
LOAN 497 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, TENANT
IMPROVEMENTS, AND
CAPITAL IMPROVEMENTS TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN
THE PSA. CAPITAL REPAIRS NOT NORMALIZED FROM BASELINE.
LOAN 498 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND LEASING
COMMISSIONS TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 499 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND LEASING
COMMISSIONS TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 500 - 1:
LOAN 501 - 1: Status Comment: Transferred to special servicer 7/96 due
to borrower's inability to pay. Appraisal under review. Borrower lost
tenant to bankruptcy and has proposed discounted payoff. Demand and
acceleration letter sent 8/96. Latest Annual Statement Comment: 12/31/95
- ADJUSTMENTS ARE FOR MANAGEMENT FESS (3%) AND RESERVES ($.15/SF/YR)
IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA. BORROWER HAS FILED
FOR
BANKRUPTCY AND CANCELLED LEASES. Partial Year Statement Comment:
6/30/96 - BUILDING VACANT. INCOME ADJUSTED TO REFLECT GROUND LEASE ON
OUT
PARCEL. MANAGEMENT FEE & RESERVES BASED ON PARAMETERS IN PSA. NO
ADJUSTMENTS
MADE FOR LEASING COMMISSIONS OR TI DUE TO LIKELIHOOD PROPERTY WILL
HAVE TO BE
REDEVELOPED.
LOAN 502 - 1: Latest Annual Statement Comment: 11/30/95 - NORMALIZED
PROPERTY TAXES AND INSURANCE TO BASELINE IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA. NORMALIZED BASE RENTAL INCOME TO THE MARKET
RENTAL
VALUE OF OWNER OCCUPANT SPACE, $86,400.00. SOME REVENUE LOST FOR
RENOVATION OF 2ND FLOOR IN 1995.
LOAN 503 - 1: Status Comment: Loan scheduled to mature in April, 1997.
Latest Annual Statement Comment: 12/31/95 - NORMALIZED PROPERTY TAXES
AND INSURANCE TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS
IN THE PSA.
LOAN 504 - 1:
LOAN 505 - 1: Latest Annual Statement Comment: 12/31/95 - EXCLUDED
INCOME OF $2,079.78 WHICH IS NOT RELATED TO THE ACTUAL PERFORMANCE
OF THE
PROPERTY. NO EXPENSE ITEMS REQUIRED NORMALIZATION IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 506 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, AND MANAGEMENT FEES TO BASELINE IN
ACCORDANCE
WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 507 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, AND MANAGEMENT FEES TO BASELINE IN
ACCORDANCE
WITH ANALYSIS PARAMETERS IN THE PSA. PROPERTY IS FULLY OCCUPIED (MAY
96).
LOAN 508 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 509 - 1: Status Comment: Special servicer consented to assumption
6/13/96. Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, AND MANAGEMENT FEES. BORROWER PAID 94 AND 95 TAXES IN
1995
NORMALIZED TO 95 AMOUNT. NEW TENANTS ARE MOVING IN WITH 96 PRO
FORMA
INDICATING A PROFITABLE YEAR.
<PAGE>
LOAN 510 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES AND INSURANCE TO BASELINE IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA. NEW TENANT IN PLACE JULY 95 AT LOWER RENTS
THAN
PREVIOUS YEARS.
LOAN 511 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES AND INSURANCE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN THE
PSA. 1995 HAD SIGNIFICANT VACANCIES BUT IS NOW 89% OCCUPIED AS OF
AUGUST 96.
LOAN 512 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES AND MANAGEMENT FEES TO BASELINE IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 513 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND LEASING
COMMISSIONS TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 514 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE AND LEASING COMMISSIONS TO BASELINE IN
ACCORDANCE
WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 515 - 1:
LOAN 516 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE AND MANAGEMENT FEES TO BASELINE AMOUNTS IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA. PROPERTY TAXES ARE NORMALIZED AS A
NET OF
PASS THROUGH EXPENSES.
LOAN 517 - 1: Partial Year Statement Comment: 12/31/95 - OWNER
ACQUIRED 9-1-95 NORMALIZED PROPERTY TAXES, INSURANCE, MANAGEMENT
FEES &
REPLACEMENT RESERVES IN ACCORDANCE WITH ANALYSIS PARAMETERS IN
PSA.
NORMALIZED UTILITIES, REPAIRS AND GEN. & ADMN. TO HISTORICAL/ BASELINE
TO
REFLECT FULL YEAR PERFORMANCE.
LOAN 518 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, CAPITAL IMPROVEMENTS
AND
REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARMETERS IN
THE PSA.
LOAN 519 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES,TO BASELINE IN
ACCORDANCE WITH
ANALYSIS PARAMETERS IN THE PSA. NORMALIZED CAPITAL REPAIRS TO ZERO.
LOAN 520 - 1: Status Comment: Special servicer met with borrower and
appraiser 8/21/96. Appraisal under review. Borrower lost tenant to
bankruptcy and has proposed discounted payoff. Loan brought current with
rent settlement, continuing to negotiate discounted payoff. Latest
Annual Statement Comment: 12/31/95 - NORMALIZED PASS-THROUGH (PROPERTY
TAXES) AND TO RESERVES (%.15/SF/YR) IN ACCORDANCE WITH ANALYSIS
PARAMETERS
IN THE PSA. Partial Year Statement Comment: 6/30/96 - NORMALIZED
PASS-THROUGH (TAXES), MANAGEMENT FEES (3%), RESERVES $.15/SF/YR) IN
ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA. INSURANCE AND
PROFESSIONAL
FEES ADJUSTED TO REFLECT ANNUAL EXPENSE.
LOAN 521 - 1:
LOAN 522 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE AND MANAGEMENT FEES TO BASELINE IN
ACCORDANCE WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 523 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE AND MANAGEMENT FEES TO BASELINE IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 524 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
AND TENANT
IMPROVEMENTS TO BASELINE IN ACCORDANCE WITH ANALYSIS PROCEDURES IN
THE PSA.
LOAN 525 - 1:
LOAN 526 - 1:
<PAGE>
LOAN 527 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES AND LEASING COMMISSIONS TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 528 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES AND INSURANCE TO BASELINE IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 529 - 1: Partial Year Statement Comment: 5/31/96 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES AND LEASING
COMMISSIONS TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 530 - 1: Status Comment: Loan scheduled to mature in September,
1996. Borrower is obtaining alternative financing and is expected to payoff
30-60 days after maturity.
LOAN 531 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES TO BASELINE IN ACCORDANCE WITH ANALYSIS
PARAMETERS IN THE
PSA. REDUCED BORROWER BASE REVENUE BY$45,192.00, THE AMOUNT OF
PROPERTY
TAXES.
LOAN 532 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, AND TENANT
IMPROVEMENTS TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 533 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE AND MANAGEMENT FEES TO BASELINE IN
ACCORDANCE WITH
ANALYSIS PARAMETERS IN THE PSA.
LOAN 534 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, AND MANAGEMENT FEES TO BASELINE IN
ACCORDANCE
WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 535 - 1: Partial Year Statement Comment: 2/21/96 - NORMALIZED
PROPERTY TAXES AND INSURANCE TO BASELINE IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA. PROPERTY PURCHASED BY CURRENT BORROWER
EFFECTIVE
11-15-95.
LOAN 536 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES AND INSURANCE TO BASELINE IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 537 - 1: Status Comment: Loan scheduled to mature in February,
1997. Borrower indicates loan will be paid of at maturity from alternative
financing. Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN
THE PSA.
LOAN 538 - 1: Latest Annual Statement Comment: 12/31/95 - INCOME WAS
LOWER IN 1995 BECAUSE TENANAT PREPAID RENT AT THE END OF 1994. NO
NORMALIZATION OF EXPENSES REQUIRED PER ANALYSIS PARAMETERS IN THE
PSA.
LOAN 539 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE AND MANAGEMENT FEES TO BASELINE IN
ACCORDANCE WITH
THE ANALYSIS PARAMETERS IN THE PSA.
LOAN 540 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND TENANT
IMPROVEMENTS TO
BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 541 - 1: Status Comment: Loan scheduled to mature in January,
1997. Borrower is obtaining alternative financing and is expected to payoff
at maturity. Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS
IN THE
PSA.
LOAN 542 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE AND MANAGEMENT FEES TO BASELINE IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 543 - 1:
LOAN 544 - 1: Latest Annual Statement Comment: 12/31/95 - TENANT PAYS
ALL PROPERTY EXPENSES.
<PAGE>
LOAN 545 - 1:
LOAN 546 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE AND MANAGEMENT FEES TO BASELINE IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA.
LOAN 547 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
AND TENANT
IMPROVEMENTS TO BASELINE IN ACCORDACE WITH ANALYSIS PARAMETERS IN
THE PSA.
LOAN 548 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, AND LEASING
COMMISSIONS TO
BASELINE IN ACCORDANCE WITH THE ANALYSIS PARAMETERS IN THE PSA.
LOAN 549 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS
AND TENANT
IMPROVEMENTS TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS
IN THE PSA.
LOAN 550 - 1: Latest Annual Statement Comment: 5/31/96 - BORROWER
FISCAL YEAR JUNE 1, 1995 TO MAY 31, 1996. PER PSA NO NORMALIZATION
REQUIRED.
LOAN 551 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS,
TENANT
IMPROVEMENTS, AND REPLACEMENT RESERVES TO BASELINE IN ACCORDANCE
WITH
ANALYSIS PARAMETERS IN THE PSA. CALLED FINANCIAL CONTACT AND
VERIFIED INCOME
AND EXPENSES PROVIDED.
LOAN 552 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
MANAGEMENT FEES AND CAPITAL IMPROVEMENTS TO BASELINE AMOUNT IN
ACCORDANCE
WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 553 - 1: Status Comment: Loan scheduled to mature in April, 1997.
Latest Annual Statement Comment: 12/31/95 - NORMALIZED PROPERTY TAXES,
INSURANCE, AND LEASING COMMISSIONS TO BASELINE IN ACCORDANCE
WITH ANALYSIS
PARAMETERS IN THE PSA.
LOAN 554 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN
THE PSA.
LOAN 555 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS
IN THE PSA
LOAN 556 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, AND MANAGEMENT FEES TO BASELINE IN
ACCORDANCE
WITH ANALYSIS PARAMETERS IN THE PSA.
LOAN 557 - 1:
LOAN 558 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE, AND MANAGEMENT FEES TO BASELINE IN
ACCORDANCE
WITH ANALYSIS PARAMETERS IN THE PSA. ,
LOAN 559 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE, MANAGEMENT FEES, LEASING COMMISSIONS, AND TENANT
IMPROVEMENTS TO
BASELINE IN ACCORDANCE WITH ANALYIS PARAMETERS IN THE PSA. CAPITAL
REPAIRS
NOT NORMALIZED.
LOAN 560 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
PROPERTY TAXES, INSURANCE AND MANAGEMENT FEES TO BASELINE IN
ACCORDANCE WITH
ANALYSIS PARAMETERS IN THE PSA. DEBT SERVICE IS THE ESTIMATED
COMBINED
AMOUNT FOR THE 1ST AND 2ND MORTGAGE.
LOAN 561 - 1:
LOAN 562 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE TO BASELINE IN ACCORDANCE WITH ANALYSIS PARAMETERS IN
THE PSA.
LOAN 563 - 1:
LOAN 564 - 1: Latest Annual Statement Comment: 12/31/95 - NORMALIZED
INSURANCE AND MANAGEMENT FEES TO BASELINE IN ACCORDANCE WITH
ANALYSIS
PARAMETERS IN THE PSA.
