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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 3, 1996
STRUCTURED ASSET SECURITIES CORPORATION
(as depositor under the Pooling and Servicing Agreement, dated as
of October 1, 1996, providing for the issuance of Multiclass
Pass-Through Certificates, Series 1996-C2
Structured Asset Securities Corporation
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 33-96378 74-2440850
-------- -------- ----------
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification Number)
200 Vesey Street
New York, New York 10285
- ------------------ ----------
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code: (212) 526-5594
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<PAGE>
-2-
Item 5. OTHER EVENTS.
On or about October 30, 1996, the Registrant will cause the
issuance and sale of approximately $351,749,135 initial principal
amount of LB Commercial Conduit Mortgage Trust II Multiclass
Pass-Through Certificates, Series 1996-C2, Class A, Class IO, Class B,
Class C, Class D, Class E, Class F, Class G, Class H, Class J, Class
R-I, Class R-II and Class R-III (collectively, the "Certificates")
pursuant to a Trust Agreement to be dated as of October 1, 1996, among
the Registrant, GMAC Commercial Mortgage Corporation as master
servicer, CRIIMI MAE Services Limited Partnership as special servicer,
LaSalle National Bank as trustee and ABN AMRO Bank N.V. as fiscal
agent.
In connection with the expected sale of the Certificates,
Lehman Brothers Inc. (the "Underwriter") has advised the Registrant
that it has furnished to prospective investors certain collateral
information with respect to the mortgage loans underlying the proposed
offering of the Certificates (the "Collateral Term Sheets"), which
Collateral Term Sheets are being filed manually as exhibits to this
report.
The Collateral Term Sheets have been provided by the
Underwriter. The information in the Collateral Term Sheets is
preliminary and will be superseded by the Prospectus Supplement
relating to the Certificates and by any other information subsequently
filed with the Securities and Exchange Commission.
The Collateral Term Sheets were prepared by the Underwriter at
the request of certain prospective investors. The Collateral Term
Sheets may be based on information that differs from the information
set forth in the Prospectus Supplement.
In addition, the actual characteristics and performance of the
mortgage loans underlying the Certificates may differ from the
information provided in the Collateral Term Sheets, which were provided
to certain investors only to give a sense of the underlying collateral
which will effect the maturity, interest rate sensitivity and cash flow
characteristics of the Certificates. Any difference between the
collateral information in the Collateral Term Sheets and the actual
characteristics of the mortgage loans will affect the actual yield,
average life, duration, expected maturity, interest rate sensitivity
and cash flow characteristics of the Certificates.
<PAGE>
-3-
Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS
(a) FINANCIAL STATEMENTS.
Not applicable.
(b) PRO FORMA FINANCIAL INFORMATION.
Not applicable.
(c) EXHIBITS
Item 601(A) Of
Regulation S-k
Exhibit No. Exhibit No. Description
- ----------- ----------- -----------
1 99 Collateral Term Sheets
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
STRUCTURED ASSET SECURITIES
CORPORATION
By: /s/ Paul Hughson
-------------------------
Paul Hughson
Vice President
Dated: October 7, 1996
<PAGE>
EXHIBIT INDEX
Item 601 (a) of Sequentially
Exhibit Regulation S-K Numbered
Number Exhibit No. Description Page
------ ----------- ----------- ----
1 99 Collateral Term Sheets 1
EXHIBIT 1
<PAGE>
ANNEX A
RM132<TABLE>
<CAPTION>
LOAN ZIP PROPERTY
NO PROPERTY NAME ADDRESS CITY STATE CODE TYPE
- ---- ----------------------------- ----------------------------- --------------- ----- ----- ----------
<S> <C> <C> <C> <C> <C>
1 Congressional Plaza 1400 Block of Rockville Pike Rockville MD 20849 Retail
2 Hilton Hotel Pleasanton 7050 Johnson Industrial Drive Pleasanton CA 94566 Hotel
3 Sheraton Crystal City 1800 S. Jefferson Davis Hwy Crystal City VA 22202 Hotel
4 Concord Plaza Shopping Center 11241 Southwest 40th Street Miami FL 33165 Retail
5 Village at Mableton 5590 Mableton Parkway Mableton GA 30059 Retail
6 Arlington Plaza 150 East 286 West Rand Road Arlington Heights IL 60005 Retail
7 Candletree Apartments 10535 Ellison Plaza Omaha NE 68134 Multifamily
8 Country House 11284 Grand Oak Drive Grand Blanc MI 48439 Multifamily
9 Doubletree Shopping Center Route 47 --North Delsea Drive Glassboro NJ 08028 Retail
10 Sunkist Plaza Shopping Center 13847-13965 East Amar Road La Puente CA 91746 Retail
11 Newington Plaza 2985-3017 Berlin Turnpike Newington CT 06111 Retail
12 Old Colony Grand & Monmouth Streets Jersey City NJ 07302 Retail
13 Holiday Inn Providence 21 Atwells Avenue Providence RI 02903 Hotel
14 Barrington Manor 126 Kent Avenue Haddonfield NJ 08033 Multifamily
15 Evergreen Apartments 5400 West Cheyenne Las Vegas NV 89108 Multifamily
16 Comfort Inn Warwick 1940 Post Road Warwick RI 02886 Hotel
17 Bahama Glen 2540 Bahama Dr. Dallas TX 75211 Multifamily
18 Tourist Plaza 8510-8560 International Drive Orlando FL 32819 Retail
19 Park Central 626-640-650 Ocean Drive Miami FL 33139 Hotel
20 Hilton Hotel Sioux City 707 Fourth Street Sioux City IA 51101 Hotel
21 Holiday Inn Lansing 7501 W. Saginaw Highway Lansing MI 48917 Hotel
22 Cotswold Village Apartments 1075 North Hairston Road Stone Mountain GA 30083 Multifamily
23 Briarwood Gardens 5209 East 126th St Grandview MO 64030 Multifamily
24 Cedar Grove Shopping Center 120 Cedar Grove Lane Franklin Township NJ 08873 Retail
25 Poplar Springs Apartments I & II 6095 West Lee's Mill Road College Park GA 30349 Multifamily
26 Lakeside Townhouse 5577 Riverdale Road College Park GA 30349 Multifamily
27 Homosassa Springs Plaza 3902-3956 S. Suncoast Boulevard Homosassa Springs FL 34448 Retail
28 Best Western Omaha 3650 72nd Street Omaha NE 68124 Hotel
29 Holiday Inn Wichita 5500 West Kellogg Wichita KS 67209 Hotel
30 Hampton Inn Mt. Laurel 4000 Crawford Lane Mt. Laurel NJ 08054 Hotel
31 Bay Bridge Mobile Home Park Bay Bridge Road Brunswick ME 04011 Mobile Home Park
32 Versailles Apartments 600-620 State Street Los Angeles CA 90005 Multifamily
33 Autumn Run Apartments 1 Trafalgar Square Louisville KY 40218 Multifamily
34 Best Western Charleston 237 Meeting Street Charleston SC 29401 Hotel
35 Sandal Ridge 645 North Country Club Dr. Mesa AZ 85201 Multifamily
36 Cherry Creek So. Governors Hwy/183rd Street Homewood IL 60430 Retail
37 Holiday Inn Augusta 1075 Stevens Creek Augusta GA 30907 Hotel
38 Metro III Office Building 12200-12300 Ford Road Farmers Branch TX 75234 Office
39 Ludren Park 12101 Fondren Rd. Houston TX 77071 Multifamily
40 McQueen Village 601 McQueen Village Road Prattville AL 36066 Multifamily
41 Chateau Estates 103 Hart Street Taunton MA 02780 Multifamily
42 American Self Storage 1985 East Bayshore Blvd. East Palo Alto CA 94303 Self Storage
43 Canal House Apartments 4312 Main Street Philadelphia PA 19127 Multifamily
44 Second Street Shoppes 581 Second Street Manchester NH 03102 Retail
45 Circle Mgmt. 3414-3428 Ct. Ave. 3414-3428 Connecticut Ave. N.W. Washington DC 20037 Retail
46 Best Western Des Moines 11040 Hickman Road Des Moines IA 50325 Hotel
47 Holiday Inn Richfield 4747 Brecksville Richfield OH 44286 Hotel
48 Hudson Bridge Apartments 141 Hudson Bridge Lane Stockbridge GA 30281 Multifamily
49 Lawnmont Apartments 2207 Lawnmont Austin TX 78756 Multifamily
50 Hampton Inn Austell 1100 N. Blairs Bridge Rd. Austell GA 30001 Hotel
51 Hawthorne Hotel 18 Washington Square West Salem MA 02726 Hotel
52 Hampden House Apartments 2001 Hampden Boulevard Reading PA 19604 Multifamily
53 Holiday Inn Oxford 400 N. Lamar Oxford MS 38655 Hotel
54 Franciscan Manor 1420 West North Avenue Lompoc CA 93436 AL/CC
55 Beckford Place Apartments 13150 Bissonet Houston TX 77042 Multifamily
56 Comfort Inn Pensacola 3 New Warrington Road Pensacola FL 32506 Hotel
57 Comfort Inn Herndon 200 Elden Street Herndon VA 22070 Hotel
58 Corder Crossing Apartments 750 Corder Road Warner Robins GA 31088 Multifamily
59 New Paltz Shopping Center 263 Main Street New Paltz NY 12561 Retail
60 Sheraton Omaha 4888 South 118th Street Omaha NE 68137 Hotel
61 Villa Rose Retirement Apartments 401 South Morland Road Bethalto IL 62010 AL/CC
62 Comfort Inn Duncan 1391 East Main Street Duncan SC 29334 Hotel
63 The Citizens Trust Company Bldg. 75 Piedmont Avenue Atlanta GA 30303 Office
64 Habersham Court 15 Habersham Road Atlanta GA 30325 Multifamily
65 El Presidente Apartments 2200 West North Loop Austin TX 78751 Multifamily
66 Sutton Square Apartments 601 Bellaire Drive Hurst TX 76053 Multifamily
67 Holiday Hills Apartments 811 North Plymouth Road Dallas TX 75211 Multifamily
68 Ridgewood Apartments 2100 Apalachee Parkway Tallahasse FL 32302 Multifamily
69 Holiday Inn Express Barstow, CA 1861 West Main Street Barstow CA 92311 Hotel
70 Payvand Tower 145-18 34th Avenue Flushing NY 11354 Multifamily
71 Cambridge Commons Shopping Center 15-45 East Dundee Road Buffalo Grove IL 60089 Retail
72 Forest Place Apartments 34, 36, 44, 48 & 50 Forest Street Hartford CT 06105 Multifamily
73 Amerihost Inn Plainfield 6105 Cambridge Way Plainfield IN 46231 Hotel
74 Oakley Shoals Apartments 6295 Oakley Road Union City GA 30291 Multifamily
75 Poplar Springs Apartments Ph.III 6095 West Lee's Mill Road College Park GA 30349 Multifamily
76 Days Inn Plainfield 6111 Cambridge Way Plainfield IN 46168 Hotel
77 Walmart Plaza Cobleskill Rte. 7 & 145 at Borst Noble Road Cobleskill NY 12043 Retail
78 Sleep Inn South Jordan 10676 South 300 West South Jordan UT 84065 Hotel
79 Pineview Apartments 3910 W. Walnut Street Garland TX 75042 Multifamily
80 Oak Trails Apartments 2911 Clydedale Drive Dallas TX 75220 Multifamily
81 Days Inn Marysville 16420 Allenby Drive Marysville OH 43040 Hotel
82 Best Western Council Bluff 3537 West Broadway Council Bluffs IA 51501 Hotel
83 Circle Mgmt. 1218-1220 Ct. Ave. 1218-1220 Connecticut Ave. NW LLC Washington DC 20037 Retail
84 Econo Lodge King One Vesta Street King NC 27021 Hotel
85 Bentwood Apartments 6929 West University Ave. Gainesville FL 32607 Multifamily
86 Dorset Avenue Shopping Center 305-319 North Dorset Avenue Ventnor NJ 08406 Retail
87 Whisperwood Apartments 4100 Northwest 28th Land Gainesville FL 32606 Multifamily
88 Westchester Apartments 2905 Arrowhead Drive Augusta GA 30909 Multifamily
89 Walmart Plaza Jamestown Fairmount Avenue, Town of Busti Jamestown NY 14750 Retail
90 Days Inn Cloverdale 1031 North Main Street Cloverdale IN 46120 Hotel
91 Comfort Inn Gainesville 2435 Southwest 13th Street Gainesville FL 32608 Hotel
92 Westpark Village Apartments 370 Westfork Boulevard Lithia Springs GA 30057 Multifamily
93 Ivywood Apartments 1556 Clough Street Bowling Green OH 43402 Multifamily
94 Granada Apartments 4711-4757 NW 24 Court Lauderdale Lakes FL 33313 Multifamily
95 Comfort Inn Forrest City 115 Barrow Hill Road Forrest City AR 72235 Hotel
96 Comfort Inn Gallup 3208 West Highway 66 Gallup NM 87301 Hotel
97 Lakeside Villa Apts 3665 Sykes Park Drive Jackson MS 39212 Multifamily
98 Tara Village 1009-1101 Cheek Sparger Road Colleyville TX 76034 Retail
99 Spanish Main Apartments 4443 Rittiman Road San Antonio TX 78218 Multifamily
100 60 Clarkson Street 60 Clarkson Avenue Brooklyn NY 11226 Multifamily
101 Ashley Apartments 8330 Carvel Lane Houston TX 77036 Multifamily
102 329 Main Street 329 Main Street Lodi NJ 07644 Multifamily
103 Days Inn Crawfordsville 1040 Corey Boulevard Crawfordsville IN 46933 Hotel
104 Bent Tree Apartments Phase I 2209 Ivy Court Findlay OH 45840 Multifamily
105 Bent Tree Apartments Phase II 2209 Ivy Court Findlay OH 45840 Multifamily
106 Aspen Oaks 1112 Village Rd Chaska MN 55318 Multifamily
107 Pleasantdale Village Shopping Ctr 3210 Tucker-Norcross Road Tucker GA 30084 Retail
108 Elmwood 326 South Normandie Avenue Los Angeles CA 90020 Multifamily
109 Landmark Apartments 929 Vista Del Cerro Dr. Tempe AZ 85281 Multifamily
110 32nd Street Shops/Denny's 3251 North Federal Highway Boca Raton FL 33432 Retail
111 Chapin Place 590 Wethersfield Ave Hartford CT 06114 Multifamily
<CAPTION>
ORIGINAL REMAINING
LOAN YEAR YEAR ORIGINAL CUT-OFF DATE AMORTIZATION TERM TO TERM TO
NO SIZE BUILT RENOVATED BALANCE BALANCE TYPE MATURITY MATURITY
- ---- ---------- ----- --------- -------- ------------ ------------ -------- ---------
<S> <C> <C> <C> <C> <C> <C> <C>
1 166,512 SF 1986 $16,950,000 $16,940,106 Balloon 84 83
2 294 Rooms 1985 1996 16,250,000 16,215,978 Balloon 120 117
3 217 Rooms 1983 1996 14,900,000 14,852,558 Balloon 84 80
4 281,952 SF 1962 1992 12,350,000 12,323,244 Balloon 84 80
5 231,594 SF 1958 1988 10,670,000 10,658,824 Balloon 120 118
6 269,248 SF 1970 1982 10,610,000 10,595,473 Balloon 120 118
7 408 Units 1972 9,350,000 9,205,303 Balloon 84 67
8 284 Units 1970 8,787,000 8,732,039 Balloon 120 110
9 138,836 SF 1987 8,500,000 8,449,864 Balloon 84 74
10 173,185 SF 1955 1985 8,400,000 8,395,627 Balloon 120 119
11 171,667 SF 1987 1990 7,700,000 7,693,391 Balloon 120 119
12 100,300 SF 1970 7,615,000 7,607,073 Balloon 120 118
13 274 Rooms 1968 1995 7,500,000 7,443,589 Self Am 276 269
14 324 Units 1950 1994 7,200,000 7,106,674 Balloon 120 104
15 228 Units 1986 6,250,000 6,192,068 Balloon 120 105
16 196 Rooms 1983 1989 6,200,000 6,129,569 Self Am 276 264
17 288 Units 1984 1995 6,150,000 6,116,544 Balloon 120 112
18 50,234 SF 1991 6,000,000 5,991,516 Balloon 84 81
19 128 Rooms 1937 1987 5,940,000 5,931,566 Balloon 120 118
20 193 Rooms 1973 1993 5,890,000 5,834,300 Balloon 84 76
21 245 Rooms 1974 1996 5,687,000 5,669,270 Balloon 84 80
22 280 Units 1970 5,525,000 5,494,029 Balloon 120 112
23 359 Units 1969 1996 5,510,000 5,463,306 Balloon 120 112
24 59,711 SF 1988 5,500,000 5,456,361 Balloon 84 70
25 240 Units 1988 5,250,000 5,237,835 Balloon 120 116
26 177 Units 1986 5,240,000 5,220,966 Balloon 120 114
27 93,997 SF 1986 1995 5,100,000 5,091,404 Balloon 84 81
28 213 Rooms 1970 1996 4,905,000 4,897,416 Balloon 84 82
29 152 Rooms 1973 1996 4,875,000 4,867,463 Balloon 84 82
30 127 Rooms 1989 1995 4,800,000 4,753,116 Balloon 120 111
31 493 Pads 1961 1988 4,650,000 4,609,831 Balloon 84 64
32 161 Units 1925 1987 4,400,000 4,370,295 Balloon 120 110
33 204 Units 1972 1993 4,300,000 4,232,088 Balloon 84 69
34 91 Units 1957 1996 4,150,000 4,099,145 Self Am 276 265
35 196 Units 1979 1993 4,080,000 4,057,175 Balloon 120 112
36 112,458 SF 1971 4,030,000 4,027,892 Balloon 120 119
37 242 Rooms 1979 1995 3,970,000 3,932,457 Balloon 84 76
38 168,813 SF 1981 3,946,000 3,922,869 Balloon 84 74
39 320 Units 1981 1995 3,600,000 3,565,945 Balloon 180 171
40 136 Units 1995 3,346,000 3,342,454 Balloon 180 177
41 120 Units 1973 1995 3,252,000 3,213,797 Balloon 120 108
42 49,858 SF 1978 3,215,000 3,212,380 Balloon 120 119
43 71 Units 1840 1989 3,216,000 3,199,562 Balloon 84 79
44 29,826 SF 1989 3,190,000 3,186,195 Balloon 84 82
45 22,289 SF 1930 1994 3,150,000 3,132,821 Balloon 120 114
46 161 Rooms 1973 1994 3,060,000 3,055,269 Balloon 84 82
47 219 Rooms 1966 1996 3,050,000 3,021,105 Balloon 84 76
48 102 Units 1987 1996 2,950,000 2,950,000 Balloon 120 120
49 178 Units 1973 2,900,000 2,843,735 Self Am 240 228
50 73 Rooms 1994 2,800,000 2,771,675 Balloon 240 230
51 89 Rooms 1925 1986 2,775,000 2,770,524 Balloon 84 82
52 144 Units 1953 1994 2,755,000 2,738,617 Balloon 120 114
53 123 Rooms 1962 1996 2,710,000 2,700,428 Balloon 120 116
54 65 Units 1991 2,700,000 2,697,231 Balloon 84 81
55 143 Units 1983 1995 2,700,000 2,689,847 Balloon 120 114
56 102 Rooms 1985 1994 2,660,000 2,647,403 Self Am 180 178
57 103 Rooms 1984 1993 2,560,000 2,535,275 Balloon 84 76
58 104 Units 1987 1995 2,550,000 2,531,324 Balloon 84 72
59 48,715 SF 1974 2,500,000 2,497,792 Balloon 120 119
60 168 Rooms 1975 1996 2,435,000 2,431,235 Balloon 84 82
61 128 Units 1984 2,312,000 2,309,757 Balloon 84 81
62 81 Rooms 1988 1995 2,325,000 2,300,589 Balloon 120 110
63 156,419 SF 1969 1995 2,500,000 2,285,626 Self Am 120 103
64 54 Units 1961 1994 2,250,000 2,248,698 Balloon 84 83
65 141 Units 1973 1994 2,200,000 2,166,424 Self Am 240 231
66 154 Units 1979 1992 2,128,000 2,116,539 Balloon 120 112
67 104 Units 1961 1994 2,100,000 2,088,576 Balloon 120 112
68 105 Units 1981 2,000,000 1,996,937 Self Am 240 239
69 65 Rooms 1991 2,000,000 1,987,382 Self Am 276 270
70 41 Units 1989 1,975,000 1,962,061 Balloon 120 110
71 48,113 SF 1976 1992 1,960,000 1,956,952 Balloon 120 117
72 147 Units 1870 1995 1,740,000 1,734,194 Balloon 120 116
73 60 Rooms 1992 1992 1,740,000 1,721,029 Balloon 180 171
74 86 Units 1986 1,695,000 1,691,073 Balloon 120 116
75 80 Units 1989 1,672,500 1,668,625 Balloon 120 116
76 64 Rooms 1990 1,680,000 1,661,683 Balloon 180 171
77 24,506 SF 1995 1,660,000 1,654,612 Balloon 120 115
78 68 Rooms 1992 1,670,000 1,648,088 Self Am 276 262
79 152 Units 1969 1987 1,650,000 1,634,590 Balloon 120 111
80 248 Units 1972 1996 1,610,000 1,607,281 Balloon 120 118
81 79 Rooms 1990 1994 1,610,000 1,592,446 Balloon 180 171
82 89 Rooms 1963 1996 1,565,000 1,562,580 Balloon 84 82
83 14,707 SF 1912 1995 1,550,000 1,542,981 Balloon 120 114
84 60 Rooms 1986 1993 1,550,000 1,533,726 Balloon 120 110
85 93 Units 1982 1993 1,500,000 1,500,000 Self Am 240 240
86 17,172 SF 1956 1988 1,500,000 1,491,410 Balloon 84 75
87 80 Units 1981 1995 1,450,000 1,450,000 Self Am 240 240
88 69 Units 1970 1994 1,447,500 1,437,505 Balloon 120 109
89 29,700 SF 1968 1993 1,431,000 1,430,320 Balloon 120 119
90 60 Rooms 1989 1994 1,370,000 1,355,063 Balloon 180 171
91 59 Rooms 1987 1994 1,300,000 1,295,123 Balloon 120 115
92 68 Units 1989 1,260,000 1,257,080 Balloon 120 116
93 67 Units 1979 1996 1,256,250 1,254,026 Balloon 120 118
94 78 Units 1972 1,250,000 1,239,965 Self Am 240 235
95 76 Rooms 1986 1995 1,200,000 1,184,355 Self Am 240 231
96 51 Rooms 1992 1,150,000 1,143,012 Balloon 120 114
97 145 Units 1974 1995 1,155,800 1,139,300 Balloon 120 106
98 37,820 SF 1987 1,100,000 1,098,272 Balloon 84 81
99 89 Units 1970 1993 1,073,000 1,069,969 Balloon 84 79
100 83 Units 1930 1,050,000 1,037,665 Balloon 120 108
101 76 Units 1972 1995 1,030,000 1,028,886 Balloon 120 118
102 28 Units 1974 1996 900,000 894,928 Balloon 120 114
103 60 Rooms 1989 1994 800,000 791,277 Balloon 180 171
104 51 Units 1975 770,000 768,695 Balloon 120 118
105 51 Units 1980 750,000 748,730 Balloon 120 118
106 44 Units 1971 670,000 664,277 Balloon 120 112
107 13,202 SF 1984 673,716 640,249 Self Am 166 151
108 49 Units 1930 1987 587,000 583,231 Balloon 120 110
109 42 Units 1971 1994 575,000 565,489 Balloon 120 98
110 9,618 SF 1973 1995 550,000 548,493 Self Am 240 238
111 48 Units 1969 470,000 466,744 Balloon 120 113
RM80</TABLE>
RM132<TABLE>
<CAPTION>
ORIGINAL REMAINING FIRST NET CUT-OFF
LOAN AMORTIZATION AMORTIZATION PAYMENT MATURITY MORTGAGE RETAINED ADMINISTRA- MORTGAGE APPRAISAL APPRAISAL DATE
NO TERM TERM DATE DATE RATE YIELD TIVE FEE RATE VALUE DATE LTV
- ---- ------------ ------------ -------- ---------- -------- -------- ------------ -------- ----------- --------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 360 359 10/01/96 09/01/2003 8.680% 0.000 0.297 8.383% $28,200,000 06/28/96 60.07
2 300 297 08/01/96 07/01/2006 10.500 0.000 0.295 10.205 26,000,000 03/12/96 62.37
3 300 296 07/01/96 06/01/2003 9.750 0.000 0.295 9.455 23,300,000 01/01/96 63.74
4 360 356 07/01/96 06/01/2003 9.095 0.000 0.297 8.798 17,500,000 09/29/95 70.42
5 360 358 09/01/96 08/01/2006 9.220 0.000 0.297 8.923 14,250,000 06/10/96 74.80
6 324 322 09/01/96 08/01/2006 9.380 0.000 0.297 9.083 16,000,000 04/19/96 66.22
7 300 283 06/01/95 05/01/2002 9.250 0.890 0.297 8.063 12,480,000 12/04/94 73.76
8 360 350 01/01/96 12/01/2005 8.500 0.000 0.297 8.203 12,500,000 08/07/95 69.86
9 360 350 01/01/96 12/01/2002 8.790 0.000 0.297 8.493 12,500,000 09/15/95 67.60
10 360 359 10/01/96 09/01/2006 9.230 0.000 0.297 8.933 12,520,000 05/20/96 67.06
11 300 299 10/01/96 09/01/2006 9.230 0.000 0.297 8.933 12,200,000 12/01/95 63.06
12 360 358 09/01/96 08/01/2006 9.250 0.000 0.297 8.953 11,000,000 06/12/96 69.16
13 276 269 04/01/96 03/01/2019 9.250 0.000 0.295 8.955 13,200,000 12/01/95 56.39
14 324 308 07/01/95 06/01/2005 8.740 0.280 0.297 8.163 10,000,000 03/15/95 71.07
15 360 345 08/01/95 07/01/2005 8.650 0.000 0.297 8.353 9,175,000 03/22/95 67.49
16 276 264 11/01/95 10/01/2018 10.250 0.000 0.295 9.955 9,300,000 08/01/95 65.91
17 360 352 03/01/96 02/01/2006 8.050 0.000 0.297 7.753 8,200,000 12/04/95 74.59
18 360 357 08/01/96 07/01/2003 9.740 0.000 0.297 9.443 12,475,000 04/12/96 48.03
19 300 298 09/01/96 08/01/2006 10.375 0.000 0.295 10.080 10,000,000 01/01/96 59.32
20 276 268 03/01/96 02/01/2003 8.625 0.000 0.295 8.330 9,500,000 02/21/96 61.41
21 300 296 07/01/96 06/01/2003 9.875 0.000 0.295 9.580 10,000,000 01/01/96 56.69
22 360 352 03/01/96 02/01/2006 7.900 0.000 0.297 7.603 7,200,000 11/29/95 76.31
23 300 292 03/01/96 02/01/2006 8.100 0.000 0.297 7.803 7,940,000 11/17/95 68.81
24 360 346 09/01/95 08/01/2002 9.060 0.000 0.297 8.763 8,325,000 06/29/95 65.54
25 360 356 07/01/96 06/01/2006 8.770 0.000 0.297 8.473 7,000,000 03/23/96 74.83
26 360 354 05/01/96 04/01/2006 8.590 0.000 0.297 8.293 7,020,000 03/04/96 74.37
27 360 357 08/01/96 07/01/2003 8.900 0.000 0.297 8.603 7,075,000 04/20/96 71.96
28 300 298 09/01/96 08/01/2003 9.875 0.000 0.295 9.580 9,100,000 06/01/96 53.82
29 300 298 09/01/96 08/01/2003 9.875 0.000 0.295 9.580 6,500,000 06/13/96 74.88
30 276 267 02/01/96 01/01/2006 9.250 0.000 0.295 8.955 6,900,000 08/16/95 68.89
31 360 340 03/01/95 02/01/2002 10.500 0.000 0.297 10.203 7,300,000 10/17/94 63.15
32 360 350 01/01/96 12/01/2005 8.120 0.000 0.297 7.823 7,000,000 08/17/95 62.43
33 300 285 08/01/95 07/01/2002 8.290 0.000 0.297 7.993 5,600,000 03/07/95 75.57
34 276 265 12/01/95 11/01/2018 9.125 0.000 0.295 8.830 7,800,000 07/01/95 52.55
35 360 352 03/01/96 02/01/2006 7.910 0.000 0.297 7.613 5,670,000 10/26/95 71.56
36 360 359 10/01/96 09/01/2006 9.210 0.000 0.297 8.913 5,820,000 08/01/96 69.21
37 276 268 03/01/96 02/01/2003 8.625 0.000 0.295 8.330 9,100,000 02/21/96 43.21
38 360 350 01/01/96 12/01/2002 8.820 0.000 0.297 8.523 6,300,000 08/22/95 62.27
39 300 291 02/01/96 01/01/2011 8.170 0.000 0.297 7.873 4,800,000 05/23/95 74.29
40 360 357 08/01/96 07/01/2011 9.164 0.000 0.297 8.867 5,420,000 05/31/96 61.67
41 300 288 11/01/95 10/01/2005 8.680 0.000 0.297 8.383 4,700,000 05/25/95 68.38
42 300 299 10/01/96 09/01/2006 9.540 0.000 0.297 9.243 4,550,000 05/07/96 70.60
43 360 355 06/01/96 05/01/2003 8.750 0.000 0.297 8.453 4,850,000 03/15/96 65.97
44 336 334 09/01/96 08/01/2003 9.570 0.000 0.297 9.273 4,300,000 04/09/96 74.10
45 300 294 05/01/96 04/01/2006 9.000 0.000 0.297 8.703 4,200,000 11/09/95 74.59
46 300 298 09/01/96 08/01/2003 9.875 0.000 0.295 9.580 5,000,000 07/11/96 61.11
47 276 268 03/01/96 02/01/2003 8.625 0.000 0.295 8.330 6,000,000 02/21/96 50.35
48 360 360 11/01/96 10/01/2006 8.685 0.000 0.297 8.388 4,120,000 03/25/96 71.60
49 240 228 11/01/95 10/01/2015 8.710 0.000 0.297 8.413 4,390,000 06/21/95 64.78
50 276 266 01/01/96 12/01/2015 9.750 0.000 0.295 9.455 4,300,000 07/01/95 64.46
51 300 298 09/01/96 08/01/2003 9.625 0.000 0.295 9.330 5,200,000 02/28/96 53.28
52 300 294 05/01/96 04/01/2006 8.470 0.000 0.287 8.183 3,790,000 05/02/95 72.26
53 300 296 07/01/96 06/01/2006 10.625 0.000 0.295 10.330 3,900,000 04/04/96 69.24
54 360 357 08/01/96 07/01/2003 9.320 0.000 0.297 9.023 4,000,000 04/05/96 67.43
55 360 354 05/01/96 04/01/2006 8.420 0.000 0.297 8.123 3,650,000 01/10/96 73.69
56 180 178 09/01/96 08/01/2011 10.250 0.000 0.295 9.955 5,500,000 02/28/95 48.13
57 276 268 03/01/96 02/01/2003 8.500 0.000 0.295 8.205 4,200,000 10/01/95 60.36
58 360 348 11/01/95 10/01/2002 8.660 0.000 0.297 8.363 3,850,000 09/05/95 65.75
59 300 299 10/01/96 09/01/2006 9.060 0.000 0.297 8.763 4,200,000 07/16/96 59.47
60 300 298 09/01/96 08/01/2003 9.875 0.000 0.295 9.580 7,000,000 06/01/96 34.73
61 360 357 08/01/96 07/01/2003 9.585% 0.000 0.297 9.288% $3,875,000 11/24/95 59.61
62 276 266 01/01/96 12/01/2005 9.500 0.000 0.297 9.203 3,100,000 09/01/95 74.21
63 120 103 06/01/95 05/01/2005 10.680 1.180 0.297 9.203 4,900,000 02/08/94 46.65
64 360 359 10/01/96 09/01/2003 8.725 0.000 0.297 8.428 3,000,000 12/12/95 74.96
65 240 231 02/01/96 01/01/2016 8.230 0.000 0.297 7.933 3,250,000 06/21/95 66.66
66 360 352 03/01/96 02/01/2006 8.100 0.000 0.297 7.803 3,375,000 10/12/95 62.71
67 360 352 03/01/96 02/01/2006 8.050 0.000 0.297 7.753 2,800,000 11/17/95 74.59
68 240 239 10/01/96 09/01/2016 8.820 0.000 0.297 8.523 3,000,000 04/04/96 66.56
69 276 270 05/01/96 04/01/2019 9.375 0.000 0.295 9.080 3,100,000 08/30/95 64.11
70 360 350 01/01/96 12/01/2005 8.270 0.000 0.297 7.973 3,700,000 08/04/95 53.03
71 360 357 08/01/96 07/01/2006 9.290 0.000 0.297 8.993 3,000,000 04/08/96 65.23
72 300 296 07/01/96 06/01/2006 9.470 0.000 0.297 9.173 2,350,000 10/25/95 73.80
73 276 267 02/01/96 01/01/2011 8.500 0.000 0.295 8.205 2,900,000 09/01/95 59.35
74 360 356 07/01/96 06/01/2006 8.770 0.000 0.297 8.473 2,260,000 03/27/96 74.83
75 360 356 07/01/96 06/01/2006 8.770 0.000 0.297 8.473 2,230,000 03/26/96 74.83
76 276 267 02/01/96 01/01/2011 8.500 0.000 0.295 8.205 2,800,000 09/01/95 59.35
77 360 355 06/01/96 05/01/2006 8.230 0.000 0.297 7.933 2,225,000 04/01/96 74.36
78 276 262 09/01/95 08/01/2018 10.375 0.000 0.295 10.080 2,700,000 06/01/95 61.04
79 300 291 02/01/96 01/01/2006 8.250 0.000 0.297 7.953 2,250,000 09/29/95 72.65
80 300 298 09/01/96 08/01/2006 9.350 0.000 0.297 9.053 2,650,000 01/24/96 60.65
81 276 267 02/01/96 01/01/2011 8.500 0.000 0.295 8.205 2,800,000 09/01/95 56.87
82 300 298 09/01/96 08/01/2003 9.875 0.000 0.295 9.580 2,800,000 06/01/96 55.81
83 300 294 05/01/96 04/01/2006 9.000 0.000 0.297 8.703 2,400,000 11/09/95 64.29
84 276 266 01/01/96 12/01/2005 9.500 0.000 0.297 9.203 2,400,000 09/01/95 63.91
85 240 240 11/01/96 10/01/2016 9.000 0.000 0.297 8.703 2,610,000 03/26/96 57.47
86 360 351 02/01/96 01/01/2003 8.400 0.000 0.297 8.103 2,175,000 11/15/95 68.57
87 240 240 11/01/96 10/01/2016 9.000 0.000 0.297 8.703 2,600,000 03/26/96 55.77
88 360 349 12/01/95 11/01/2005 8.500 0.000 0.297 8.203 2,100,000 08/29/95 68.45
89 360 359 10/01/96 09/01/2006 9.670 0.000 0.297 9.373 2,030,000 04/08/96 70.46
90 276 267 02/01/96 01/01/2011 8.500 0.000 0.295 8.205 2,300,000 09/01/95 58.92
91 300 295 06/01/96 05/01/2006 10.125 0.000 0.295 9.830 2,300,000 01/08/96 56.31
92 360 356 07/01/96 06/01/2006 8.770 0.000 0.297 8.473 1,680,000 03/27/96 74.83
93 300 298 09/01/96 08/01/2006 9.070 0.000 0.297 8.773 1,675,000 06/14/96 74.87
94 240 235 06/01/96 05/01/2016 8.560 0.000 0.297 8.263 2,150,000 01/25/96 57.67
95 240 231 02/01/96 01/01/2016 9.500 0.000 0.295 9.205 1,700,000 09/01/95 69.67
96 276 270 05/01/96 04/01/2006 9.625 0.000 0.295 9.330 1,700,000 10/04/95 67.24
97 300 286 09/01/95 08/01/2005 8.470 0.000 0.297 8.173 1,825,000 05/26/95 62.43
98 300 297 08/01/96 07/01/2003 9.780 0.000 0.297 9.483 1,700,000 04/25/96 64.60
99 360 355 06/01/96 05/01/2003 8.910 0.000 0.297 8.613 1,800,000 03/07/96 59.44
100 300 288 11/01/95 10/01/2005 8.680 0.000 0.297 8.383 1,700,000 08/14/95 61.04
101 360 358 09/01/96 08/01/2006 9.070 0.000 0.297 8.773 1,550,000 05/29/96 66.38
102 300 294 05/01/96 04/01/2006 8.800 0.000 0.297 8.503 1,340,000 02/01/96 66.79
103 276 267 02/01/96 01/01/2011 8.500 0.000 0.295 8.205 2,000,000 09/01/95 39.56
104 300 298 09/01/96 08/01/2006 9.340 0.000 0.297 9.043 1,150,000 06/14/96 66.84
105 300 298 09/01/96 08/01/2006 9.340 0.000 0.297 9.043 1,100,000 06/14/96 68.07
106 300 292 03/01/96 02/01/2006 8.050 0.000 0.297 7.753 1,020,000 08/10/95 65.13
107 166 151 08/01/95 05/01/2009 8.750 0.000 0.297 8.453 1,050,000 01/31/94 60.98
108 360 350 01/01/96 12/01/2005 8.370 0.000 0.297 8.073 1,600,000 08/17/95 36.45
109 300 278 01/01/95 12/01/2004 10.560 1.160 0.297 9.103 900,000 10/10/94 62.83
110 240 238 09/01/96 08/01/2016 9.730 0.000 0.297 9.433 880,000 06/21/96 62.33
111 300 293 04/01/96 03/01/2006 8.500 0.000 0.297 8.203 750,000 08/08/95 62.23
<CAPTION>
MATURITY DATE OCCUPANCY
LOAN BALANCE BALLOON OCCUPANCY RATE AS
NO (0% CPR) LTV RATE OF DATE
- ---- -------------- ------- --------- ---------
<S> <C> <C> <C> <C>
1 $15,944,426.15 56.54 93.20% Q296
2 14,033,443.95 53.97 78.00 Q196
3 13,629,094.77 58.49 67.80 Q495
4 11,677,441.19 66.73 93.00 Q396
5 9,666,862.81 67.84 97.30 Q196
6 9,269,596.88 57.94 90.00 Q296
7 8,489,912.59 68.03 94.60 Q495
8 7,853,070.44 62.82 97.80 Q495
9 8,006,985.06 64.06 96.00 Q296
10 7,611,648.46 60.80 97.00 Q296
11 6,470,070.14 53.03 93.20 Q196
12 6,902,833.55 62.75 95.23 Q296
13 0.00 0.00 64.55 Q495
14 6,205,173.72 62.05 98.00 Q196
15 5,602,220.59 61.06 94.00 Q196
16 0.00 0.00 68.42 Q395
17 5,445,951.59 66.41 96.00 Q296
18 5,715,571.99 45.82 100.00 Q296
19 5,116,760.40 51.17 68.00 Q296
20 5,157,713.91 54.29 76.26 Q495
21 5,211,151.82 52.11 45.30 Q196
22 4,876,903.94 67.73 95.00 Q495
23 4,504,221.25 56.73 87.50 Q296
24 5,198,290.19 62.44 100.00 Q296
25 4,716,787.62 67.38 100.00 Q296
26 4,691,395.52 66.83 92.60 Q196
27 4,810,766.53 68.00 93.70 Q296
28 4,494,584.00 49.39 68.00 Q296
29 4,467,094.31 68.72 76.20 Q296
30 3,850,726.61 55.81 77.00 Q395
31 4,465,017.79 61.16 83.00 Q296
32 3,902,018.30 55.74 97.00 Q495
33 3,845,220.92 68.66 100.00 Q296
34 0.00 0.00 83.75 Q296
35 3,602,179.66 63.53 93.00 Q296
36 3,650,564.59 62.72 99.00 Q296
37 3,476,422.78 38.20 50.31 Q296
38 3,718,497.04 59.02 96.29 Q495
39 2,334,707.72 48.64 95.30 Q495
40 2,695,016.64 49.72 97.00 Q296
41 2,697,283.32 57.39 93.30 Q196
42 2,720,489.26 59.79 81.00 Q296
43 3,027,908.85 62.43 95.70 Q196
44 2,991,873.13 69.58 94.60 Q296
45 2,632,751.76 62.68 100.00 Q296
46 2,803,960.49 56.08 66.80 Q296
47 2,670,803.84 44.51 51.72 Q395
48 2,646,047.22 64.22 100.00 Q396
49 0.00 0.00 100.00 Q395
50 818,031.54 19.02 76.00 Q295
51 2,533,746.78 48.73 68.00 Q196
52 2,273,272.70 59.98 94.40 Q196
53 2,346,217.49 60.16 66.00 Q495
54 2,559,793.66 63.99 89.20 Q196
55 2,409,177.37 66.00 94.00 Q196
56 0.00 0.00 83.53 Q196
57 2,236,760.12 53.26 79.00 Q495
58 2,398,203.26 62.29 94.20 Q196
59 2,092,405.48 49.82 95.50 Q196
60 2,231,256.09 31.88 61.00 Q296
61 2,198,608.92 56.74 95.00 Q296
62 1,876,846.59 60.54 77.30 Q395
63 0.00 0.00 87.25 Q196
64 2,117,781.18 70.59 100.00 Q196
65 0.00 0.00 100.00 Q495
66 1,886,368.33 55.89 96.70 Q495
67 1,859,593.63 66.41 94.20 Q296
68 0.00 0.00 100.00 Q296
69 0.00 0.00 80.00 Q196
70 1,756,915.76 47.48 97.00 Q196
71 1,778,042.54 59.27 91.60 Q296
72 1,470,061.38 62.56 94.50 Q495
73 1,013,108.04 34.93 68.00 Q395
74 1,522,848.33 67.38 100.00 Q296
75 1,502,633.42 67.38 100.00 Q296
76 978,173.42 34.93 76.00 Q395
77 1,475,486.38 66.31 100.00 Q196
78 0.00 0.00 83.00 Q295
79 1,353,993.74 60.18 98.60 Q196
80 1,356,548.80 51.19 90.00 Q296
81 937,416.26 33.48 67.10 Q395
82 1,434,052.06 51.22 67.00 Q296
83 1,295,511.06 53.98 80.00 Q296
84 1,251,231.06 52.13 72.72 Q395
85 0.00 0.00 100.00 Q196
86 1,405,910.98 64.64 100.00 Q495
87 0.00 0.00 100.00 Q196
88 1,293,651.57 61.60 95.00 Q395
89 1,306,763.42 64.37 93.00 Q296
90 797,677.10 34.68 75.00 Q395
91 1,114,047.78 48.44 73.00 Q495
92 1,132,029.08 67.38 100.00 Q296
93 1,051,710.23 62.79 92.50 Q296
94 0.00 0.00 93.00 Q196
95 0.00 0.00 66.00 Q295
96 931,179.77 54.78 73.84 Q395
97 953,701.73 52.26 96.55 Q296
98 1,006,605.68 59.21 93.00 Q196
99 1,012,273.44 56.24 91.00 Q196
100 870,881.98 51.23 97.00 Q196
101 930,668.82 60.04 96.00 Q296
102 748,637.35 55.87 100.00 Q495
103 465,797.20 23.29 70.80 Q395
104 648,732.04 56.41 94.10 Q296
105 631,837.46 57.44 94.10 Q296
106 546,993.99 53.63 100.00 Q196
107 0.00 0.00 100.00 Q196
108 523,245.36 32.70 96.00 Q495
109 497,167.18 55.24 97.60 Q196
110 0.00 0.00 100.00 Q196
111 388,106.49 51.75 100.00 Q495
RM80</TABLE>
RM132<TABLE>
<CAPTION>
PREMIUM
YIELD PERIOD
ANNUAL LOCK OUT MAINTENANCE (MONTHS)
UNDERWRITING DEBT UNDERWRITING EXPIRATION EXPIRATION FOLLOWING LOAN
NOI SERVICE DSCR 1995 NOI DATE DATE PREPAYMENT PROVISION YM NO.
- ------------ ---------- ------------ ---------- ---------- ----------- -------------------------- --------- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
$2,136,898 $1,589,991 1.34 $2,446,774 08/20/96 03/01/2003 NO LO/TYM 0 1
2,671,814 1,841,154 1.45 2,523,359 06/21/96 01/01/2006 NO LO/TYM 0 2
2,204,211 1,593,354 1.38 2,406,823 06/17/96 07/01/2002 NO LO/TYM 0 3
1,551,610 1,202,595 1.29 1,502,996 06/01/99 12/01/2002 3YR LO/TYM 0 4
1,341,511 1,050,571 1.28 1,311,843 07/31/96 08/01/2006 NO LO/TYM 0 5
1,406,635 1,082,039 1.30 1,322,515 07/25/96 08/01/2006 NO LO/TYM 0 6
1,222,117 960,860 1.27 1,105,861 04/21/95 05/01/2001 NO LO/TYM/1% 6 7
1,034,419 810,773 1.28 1,130,312 11/09/95 06/01/2005 NO LO/TYM 0 8
1,425,281 805,357 1.77 1,240,508 12/01/96 09/01/2002 1YR LO/TYM 0 9
1,114,194 827,796 1.35 1,215,275 09/01/00 03/01/2006 4YR LO/TYM 0 10
1,157,468 790,022 1.47 1,256,777 09/01/98 09/01/2006 2YR LO/TYM 0 11
1,029,798 751,764 1.37 1,097,728 08/01/97 02/01/2006 1YR LO/TYM 0 12
1,447,065 788,451 1.84 1,447,065 02/13/96 03/01/2011 NO LO/TYM 0 13
941,064 695,529 1.35 966,019 05/25/95 06/01/2002 NO LO/TYM/1% 30 14
807,765 584,677 1.38 817,241 06/12/95 07/01/2002 NO LO/TYM/1% 30 15
986,165 702,683 1.40 0 09/29/95 10/01/2010 NO LO/TYM 0 16
808,076 544,093 1.49 778,066 01/11/96 08/01/2005 NO LO/TYM 0 17
1,154,295 618,063 1.87 1,280,987 07/01/97 04/01/2003 1YR LO/TYM 0 18
974,332 666,659 1.46 974,332 07/17/96 08/01/2003 NO LO/TYM/3-1% 30 19
818,724 589,706 1.39 818,724 01/17/96 08/01/2002 NO LO/TYM 0 20
894,743 614,130 1.46 969,392 05/07/96 12/01/2002 NO LO/TYM 0 21
669,628 481,872 1.39 813,844 01/04/96 08/01/2005 NO LO/TYM 0 22
595,338 514,713 1.16 546,444 01/05/96 08/01/2005 NO LO/TYM 0 23
811,602 533,904 1.52 726,584 08/01/96 05/01/2002 1YR LO/TYM 0 24
709,827 496,521 1.43 757,168 05/23/96 12/01/2005 NO LO/TYM 0 25
644,245 487,509 1.32 606,623 03/15/96 10/01/2005 NO LO/TYM 0 26
613,716 488,032 1.26 377,338 07/01/97 01/01/2003 1YR LO/TYM 0 27
748,936 529,683 1.41 691,563 07/18/96 02/01/2003 NO LO/TYM 0 28
781,494 526,444 1.48 855,693 07/18/96 02/01/2003 NO LO/TYM 0 29
795,999 504,609 1.58 795,999 12/15/95 01/01/2003 NO LO/TYM/3-1% 30 30
634,166 510,461 1.24 682,842 01/13/95 08/01/2001 NO LO/TYM 0 31
493,473 391,854 1.26 515,630 11/08/95 06/01/2005 NO LO/TYM 0 32
544,784 408,220 1.33 521,727 05/24/95 06/01/2001 NO LO/TYM/1% 6 33
1,005,025 432,088 2.33 1,005,025 10/27/95 11/01/2005 NO LO/TYM/5-1% 153 34
554,660 356,184 1.56 483,470 01/02/96 08/01/2005 NO LO/TYM 0 35
533,540 396,456 1.35 520,257 09/01/97 06/01/2006 1YR LO/TYM 0 36
600,602 397,476 1.51 600,602 01/17/96 08/01/2002 NO LO/TYM 0 37
517,959 374,888 1.38 625,377 11/17/95 06/01/2002 NO LO/TYM 0 38
566,295 338,304 1.67 580,276 12/08/95 01/01/2006 NO LO/TYM/5-1% 57 39
377,399 327,821 1.15 42,824 07/01/03 01/01/2011 7YR LO/TYM 0 40
438,872 318,984 1.38 421,385 09/28/95 04/01/2005 NO LO/TYM 0 41
481,672 338,145 1.42 505,720 09/01/99 09/01/2006 3YR LO/TYM 0 42
433,223 303,603 1.43 408,573 05/01/97 02/01/2003 1YR LO/TYM 0 43
426,573 328,023 1.30 460,862 07/16/96 08/01/2003 NO LO/TYM 0 44
439,614 317,220 1.39 459,732 04/01/97 01/01/2006 1YR LO/TYM 0 45
467,570 330,445 1.42 434,132 07/18/96 02/01/2003 NO LO/TYM 0 46
431,106 305,366 1.41 431,106 01/17/96 08/01/2002 NO LO/TYM 0 47
347,968 276,850 1.26 363,095 10/01/98 04/01/2006 2YR LO/TYM 0 48
480,531 306,644 1.57 733,167 09/19/95 10/01/2010 NO LO/TYM/1% 54 49
761,065 305,766 2.49 761,065 11/10/95 12/01/2010 NO LO/TYM 0 50
420,039 293,840 1.43 396,475 07/08/96 02/01/2003 NO LO/TYM 0 51
332,118 265,540 1.25 402,319 03/07/96 10/01/2005 NO LO/TYM 0 52
455,266 309,956 1.47 455,266 05/14/96 12/01/2005 NO LO/TYM 0 53
373,339 268,192 1.39 399,294 08/01/01 01/01/2003 5YR LO/TYM 0 54
326,386 247,293 1.32 355,551 03/11/96 10/01/2005 NO LO/TYM 0 55
760,103 347,912 2.18 760,103 07/10/96 08/01/2008 NO LO/TYM 0 56
500,545 253,774 1.97 500,545 01/26/96 08/01/2002 NO LO/TYM 0 57
418,391 238,776 1.75 357,063 10/01/96 07/01/2002 1YR LO/TYM 0 58
360,539 252,993 1.43 491,987 08/09/96 09/01/2006 NO LO/TYM 0 59
372,005 262,952 1.41 428,245 07/18/96 02/01/2003 NO LO/TYM 0 60
<CAPTION>
PREMIUM
YIELD PERIOD
ANNUAL LOCK OUT MAINTENANCE (MONTHS)
UNDERWRITING DEBT UNDERWRITING EXPIRATION EXPIRATION FOLLOWING LOAN
NOI SERVICE DSCR 1995 NOI DATE DATE PREPAYMENT PROVISION YM NO.
- ------------ ---------- ------------ ---------- ---------- ----------- -------------------------- --------- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
329,271 235,009 1.40 305,293 06/19/96 01/01/2003 NO LO/TYM 0 61
411,294 249,140 1.65 411,294 11/17/95 06/01/2005 NO LO/TYM 0 62
829,436 407,835 2.03 362,259 05/01/96 02/01/2005 1YR LO/TYM 0 63
270,040 211,932 1.27 223,552 09/01/98 03/01/2003 2YR LO/5% or TYM/1% or TYM 0 64
361,828 224,614 1.61 378,306 12/12/95 01/01/2011 NO LO/TYM/1% 54 65
254,291 189,157 1.34 224,502 01/18/96 08/01/2005 NO LO/TYM 0 66
276,543 185,788 1.49 262,726 01/11/96 08/01/2005 NO LO/TYM 0 67
295,660 213,156 1.39 321,824 08/12/96 06/01/2016 NO LO/TYM 0 68
349,958 212,280 1.65 349,958 03/01/96 04/01/2011 NO LO/TYM 0 69
263,074 178,383 1.47 315,722 11/09/95 06/01/2005 NO LO/TYM 0 70
303,548 194,184 1.56 274,424 07/01/97 01/01/2006 1YR LO/TYM 0 71
242,229 181,993 1.33 291,266 06/01/97 12/01/2005 1YR LO/TYM 0 72
390,200 172,487 2.26 390,200 12/27/95 07/01/2010 NO LO/TYM 0 73
219,335 160,305 1.37 246,169 05/23/96 12/01/2005 NO LO/TYM 0 74
234,002 158,178 1.48 265,592 05/23/96 12/01/2005 NO LO/TYM 0 75
378,180 166,539 2.27 378,180 12/27/95 07/01/2010 NO LO/TYM 0 76
209,715 149,372 1.40 0 05/01/97 02/01/2006 1YR LO/TYM 0 77
349,692 191,012 1.83 349,692 07/25/95 08/01/2010 NO LO/TYM 0 78
208,144 156,113 1.33 170,843 12/06/95 07/01/2005 NO LO/TYM 0 79
208,846 166,788 1.25 219,497 07/29/96 02/01/2006 NO LO/TYM 0 80
333,157 159,600 2.09 333,157 12/28/95 07/01/2010 NO LO/TYM 0 81
321,778 169,002 1.90 347,321 07/18/96 02/01/2003 NO LO/TYM 0 82
188,734 156,096 1.21 120,817 04/01/97 01/01/2006 1YR LO/TYM 0 83
243,136 166,093 1.46 243,136 11/17/95 06/01/2005 NO LO/TYM 0 84
228,408 161,951 1.41 244,007 09/09/96 04/01/2016 NO LO/TYM 0 85
199,102 137,136 1.45 234,722 01/01/97 10/01/2002 1YR LO/TYM 0 86
222,462 156,552 1.42 265,706 09/09/96 04/01/2016 NO LO/TYM 0 87
209,390 133,560 1.57 208,489 10/12/95 05/01/2005 NO LO/TYM 0 88
190,532 146,532 1.30 207,679 09/01/97 03/01/2006 1YR LO/TYM 0 89
259,630 135,809 1.91 259,630 12/27/95 07/01/2010 NO LO/TYM 0 90
222,509 143,134 1.55 222,509 04/30/96 05/01/2003 NO LO/TYM/3-1% 30 91
164,539 119,165 1.38 182,923 05/23/96 12/01/2005 NO LO/TYM 0 92
161,728 127,236 1.27 155,607 08/01/97 05/01/2006 1YR LO/TYM 0 93
174,931 130,744 1.34 164,956 05/01/97 02/01/2016 1YR LO/TYM 0 94
207,352 134,227 1.54 207,352 12/21/95 01/01/2011 NO LO/TYM 0 95
172,427 124,404 1.39 0 03/11/96 04/01/2003 NO LO/TYM/3-1% 30 96
142,355 111,402 1.28 130,640 07/20/95 02/01/2005 NO LO/TYM 0 97
172,686 117,908 1.46 139,127 06/21/96 01/01/2003 NO LO/TYM 0 98
123,314 102,771 1.20 114,389 05/01/97 02/01/2003 1YR LO/TYM 0 99
187,537 102,992 1.82 149,363 09/27/95 04/01/2005 NO LO/TYM 0 100
151,725 100,080 1.52 142,174 08/01/97 05/01/2006 1YR LO/TYM 0 101
143,877 89,159 1.61 150,356 03/04/96 10/01/2005 NO LO/TYM 0 102
132,178 79,304 1.67 132,178 12/28/95 07/01/2010 NO LO/TYM 0 103
118,813 79,716 1.49 118,620 08/01/97 05/01/2006 1YR LO/TYM 0 104
100,932 77,640 1.30 105,867 08/01/97 05/01/2006 1YR LO/TYM 0 105
79,502 62,321 1.28 82,840 01/26/96 08/01/2005 NO LO/TYM 0 106
131,254 84,384 1.56 115,909 05/01/95 02/01/2009 NO LO/TYM 0 107
72,388 53,515 1.35 79,792 11/08/95 06/01/2005 NO LO/TYM 0 108
87,308 65,444 1.33 91,210 12/01/95 09/01/2004 1YR LO/TYM 0 109
82,756 62,520 1.32 88,732 08/01/97 02/01/2016 1YR LO/TYM 0 110
83,874 45,415 1.85 69,328 02/08/96 09/01/2005 NO LO/TYM 0 111
RM80</TABLE>
