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 : February 17, 2000
(Date of earliest event reported)
Commission File No.: 333-48943
First Union National Bank Commercial Mortgage Trust
Commercial Mortgage Pass-Through Certificates
Series 1999-C4
(Exact name of registrant as specified in its charter)
New York (governing law of Pooling and Servicing Agreement)
(State of Incorporation)
52-2211953
52-2211954
52-2211955
(I.R.S. Employer Identification No.)
c/o Norwest Bank Minnesota, N.A.
11000 Broken Land Parkway
Columbia, Maryland 21044
(Address of principal executive offices) (Zip Code)
(410) 884-2000
Registrant's Full Telephone Number
(Former name, former address and former fiscal year,
if changed since last report)
ITEM 5. Other Events
On February 17, 2000 a distribution was made to holders of First Union National
Bank Commercial Mortgage Trust Commercial Mortgage Pass-Through Certificates
Series 1999-C4
ITEM 7. Financial Statements and Exhibits
(c) Exhibits
Item 601(a) of
Regulation S-K
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Commercial Mortgage
Pass-Through Certificates, Series 1999-C4, relating to the
February 17, 2000 distribution
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
First Union National Bank Commercial Mortgage Trust
Commercial Mortgage Pass-Through Certificates
Series 1999-C4
By: Norwest Bank Minnesota, N.A., as Trustee
By: /s/ Sherri Sharps, Vice President
By: Sherri Sharps, Vice President
Date: February 25, 2000
INDEX TO EXHIBITS
Exhibit Number Description
(EX-99.1) Monthly report distributed to holders of Commercial Mortgage
Trust Commercial Mortgage Pass-Through Certificates Series
1999-C4,relating to the February 17, 2000 distribution.
Norwest Bank Minnesota, N. A. First Union
Corporate Trust Services Commercial Mortgage Trust
3 New York Plaza, 15th Floor Commercial Mortgage Pass-Through Certificates
New York, NY 10004 Series 1999-C4
For Additional Information, please contact
CTSLink Customer Service
301/815-6600
Reports Available on the World Wide Web
@ www.ctslink.com/cmbs
Payment Date: 02/17/2000
Record Date: 01/31/2000
DISTRIBUTION DATE STATEMENT
Table of Contents
STATEMENT SECTIONS PAGE(s)
Certificate Distribution Detail 2
Certificate Factor Detail 3
Reconciliation Detail 4
Other Required Information 5
Ratings Detail 6
Current Mortgage Loan and Property Stratification Tables 7 - 9
Mortgage Loan Detail 10 - 14
Principal Prepayment Detail 15
Historical Detail 16
Delinquency Loan Detail 17
Specially Serviced Loan Detail 18 - 19
Modified Loan Detail 20
Liquidated Loan Detail 21
This report has been compiled from information provided to Norwest by various
third parties, which may include the Servicer, Master Servicer, Special Servicer
and others. Norwest has not independently confirmed the accuracy of information
received from these third parties and assumes no duty to do so. Norwest
expressly disclaims any responsibility for the accuracy or completeness of
information furnished by third parties.
Underwriter
First Union Capital Markets
One First Union Center
301 South College Street
Charlotte, NC 28288
Contact: Craig M. Lieberman
Phone Number: (704) 383-7407
Master Servicer
First Union National Bank
Charlotte Plaza, Floor 23 NC-1075
201 South College Street
Charlotte, NC 28288
Contact: Timothy S. Ryan
Phone Number: (704) 593-7878
Special Servicer
Orix Real Estate Capital Markets, LLC
1717 Main Street, 14th Floor
Dallas TX 75201
Contact: Paul G. Smyth
Phone Number:(214) 237-2010
Copyright 1997, Norwest Bank Minnesota, N.A.
<TABLE>
<CAPTION>
Certificate Distribution Detail
Class CUSIP Pass- Through Original Beginning Principal
Rate Balance Balance Distribution
<S> <C> <C> <C> <C> <C>
A-1 337378AA1 7.184000% 206,000,000.00 205,628,376.95 375,297.04
A-2 337378AB9 7.390000% 447,232,000.00 447,232,000.00 0.00
B 337378AD5 7.617000% 46,501,000.00 46,501,000.00 0.00
C 337378AE3 7.793000% 42,072,000.00 42,072,000.00 0.00
D 337378AF0 7.936000% 13,286,000.00 13,286,000.00 0.00
E 337378AG8 7.960754% 28,787,000.00 28,787,000.00 0.00
F 337378AH6 7.960754% 13,286,000.00 13,286,000.00 0.00
G 337378AJ2 6.500000% 33,215,000.00 33,215,000.00 0.00
H 337378AK9 6.500000% 11,072,000.00 11,072,000.00 0.00
J 337378AL7 6.500000% 2,214,000.00 2,214,000.00 0.00
K 337378AM5 6.500000% 6,643,000.00 6,643,000.00 0.00
L 337378AN3 6.500000% 8,858,000.00 8,858,000.00 0.00
M 337378AP8 6.500000% 8,857,000.00 8,857,000.00 0.00
N 337378AQ6 6.500000% 17,715,326.00 17,715,326.00 0.00
R-I N/A 0.000000% 0.00 0.00 0.00
R-II N/A 0.000000% 0.00 0.00 0.00
R-III N/A 0.000000% 0.00 0.00 0.00
Totals 885,738,326.00 885,366,702.95 375,297.04
</TABLE>
<TABLE>
<CAPTION>
Class CUSIP Interest Prepayment Realized Loss/ Total
Distribution Penalties Additional Trust Distribution
Fund Expenses
<S> <C> <C> <C> <C> <C>
A-1 337378AA1 1,231,028.55 0.00 0.00 1,606,325.59
A-2 337378AB9 2,754,203.73 0.00 0.00 2,754,203.73
B 337378AD5 295,165.10 0.00 0.00 295,165.10
C 337378AE3 273,222.58 0.00 0.00 273,222.58
D 337378AF0 87,864.75 0.00 0.00 87,864.75
E 337378AG8 190,971.85 0.00 0.00 190,971.85
F 337378AH6 88,138.81 0.00 0.00 88,138.81
G 337378AJ2 179,914.58 0.00 0.00 179,914.58
H 337378AK9 59,973.33 0.00 0.00 59,973.33
J 337378AL7 11,992.50 0.00 0.00 11,992.50
K 337378AM5 35,982.92 0.00 0.00 35,982.92
L 337378AN3 47,980.83 0.00 0.00 47,980.83
M 337378AP8 47,975.42 0.00 0.00 47,975.42
N 337378AQ6 95,734.19 0.00 0.00 95,734.19
R-I N/A 0.00 0.00 0.00 0.00
R-II N/A 0.00 0.00 0.00 0.00
R-III N/A 0.00 0.00 0.00 0.00
Totals 5,400,149.14 0.00 0.00 5,775,446.18
</TABLE>
<TABLE>
<CAPTION>
Current
Subordination
Class CUSIP Ending Balance Level(1)
<S> <C> <C> <C>
A-1 337378AA1 205,253,079.91 26.27%
A-2 337378AB9 447,232,000.00 26.27%
B 337378AD5 46,501,000.00 21.02%
C 337378AE3 42,072,000.00 16.26%
D 337378AF0 13,286,000.00 14.76%
E 337378AG8 28,787,000.00 11.51%
F 337378AH6 13,286,000.00 10.01%
G 337378AJ2 33,215,000.00 6.26%
H 337378AK9 11,072,000.00 5.00%
J 337378AL7 2,214,000.00 4.75%
K 337378AM5 6,643,000.00 4.00%
L 337378AN3 8,858,000.00 3.00%
M 337378AP8 8,857,000.00 2.00%
N 337378AQ6 17,715,326.00 0.00%
R-I N/A 0.00 0.00%
R-II N/A 0.00 0.00%
R-III N/A 0.00 0.00%
Totals 884,991,405.91
</TABLE>
<TABLE>
<CAPTION>
Original Beginning
Pass-Through Notional Notional
Class CUSIP Rate Amount Amount
<S> <C> <C> <C> <C>
IO 337378AC7 0.641247% 885,738,326.00 885,366,702.95
</TABLE>
<TABLE>
<CAPTION>
Ending
Interest Prepayment Total Notional
Class CUSIP Distribution Penalties Distribution Amount
<S> <C> <C> <C> <C> <C>
IO 337378AC7 473,115.54 0.00 473,115.54 884,991,405.91
<FN>
(1) Calculated by taking (A) the sum of the ending certificate balance of all
classes less (B) the sum of (i) the ending certificate balance of the designated
class and (ii) the ending certificate balance of all classes which are not
subordinate to the designated class and dividing the result by (A).
</FN>
</TABLE>
<TABLE>
<CAPTION>
Certificate Factor Detail
Beginning Principal Interest
Class CUSIP Balance Distribution Distribution
<S> <C> <C> <C> <C>
A-1 337378AA1 998.19600461 1.82183029 5.97586675
A-2 337378AB9 1000.00000000 0.00000000 6.15833333
B 337378AD5 1000.00000000 0.00000000 6.34750005
C 337378AE3 1000.00000000 0.00000000 6.49416667
D 337378AF0 1000.00000000 0.00000000 6.61333358
E 337378AG8 1000.00000000 0.00000000 6.63396151
F 337378AH6 1000.00000000 0.00000000 6.63396131
G 337378AJ2 1000.00000000 0.00000000 5.41666657
H 337378AK9 1000.00000000 0.00000000 5.41666637
J 337378AL7 1000.00000000 0.00000000 5.41666667
K 337378AM5 1000.00000000 0.00000000 5.41666717
L 337378AN3 1000.00000000 0.00000000 5.41666629
M 337378AP8 1000.00000000 0.00000000 5.41666704
N 337378AQ6 1000.00000000 0.00000000 5.40403208
R-I N/A 0.00000000 0.00000000 0.00000000
R-II N/A 0.00000000 0.00000000 0.00000000
R-III N/A 0.00000000 0.00000000 0.00000000
</TABLE>
<TABLE>
<CAPTION>
Prepayment Realized Loss/ Ending
Class CUSIP Penalties Additional Trust Balance
Fund Expenses
<S> <C> <C> <C> <C>
A-1 337378AA1 0.00000000 0.00000000 996.37417432
A-2 337378AB9 0.00000000 0.00000000 1000.00000000
B 337378AD5 0.00000000 0.00000000 1000.00000000
C 337378AE3 0.00000000 0.00000000 1000.00000000
D 337378AF0 0.00000000 0.00000000 1000.00000000
E 337378AG8 0.00000000 0.00000000 1000.00000000
F 337378AH6 0.00000000 0.00000000 1000.00000000
G 337378AJ2 0.00000000 0.00000000 1000.00000000
H 337378AK9 0.00000000 0.00000000 1000.00000000
J 337378AL7 0.00000000 0.00000000 1000.00000000
K 337378AM5 0.00000000 0.00000000 1000.00000000
L 337378AN3 0.00000000 0.00000000 1000.00000000
M 337378AP8 0.00000000 0.00000000 1000.00000000
N 337378AQ6 0.00000000 0.00000000 1000.00000000
R-I N/A 0.00000000 0.00000000 0.00000000
R-II N/A 0.00000000 0.00000000 0.00000000
R-III N/A 0.00000000 0.00000000 0.00000000
</TABLE>
<TABLE>
<CAPTION>
Beginnning Ending
Notional Interest Prepayment Notional
Class CUSIP Amount Distribution Penalties Amount
<S> <C> <C> <C> <C> <C>
IO 337378AC7 999.58043698 0.53414821 0.00000000 999.15672601
</TABLE>
<TABLE>
<CAPTION>
Reconciliation Detail
Advance Summary
<S> <C>
P & I Advances Outstanding 184,756.71
Servicing Advances Outstanding 49,112.29
Reimbursement for Interest on Advances 269.63
paid from general collections
Reimbursement for Interest on Servicing Advances 0.00
paid from general collections
Aggregate amount of Nonrecoverable Advances 0.00
</TABLE>
<TABLE>
<CAPTION>
Servicing Fee Breakdowns
<S> <C>
Current Period Accrued Servicing Fees 40,563.73
Less Delinquent Servicing Fees 981.21
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 2,755.65
Plus Adjustments for Prior Servicing Calculation 0.00
Total Servicing Fees Collected 42,338.17
</TABLE>
<TABLE>
<CAPTION>
Certificate Interest Reconciliation
Class Accrued Net Aggregate Distributable Distributable
Certificate Prepayment Certificate Certificate
Interest Interest Interest Interest
Shortfall Adjustment
<S> <C> <C> <C> <C>
A-1 1,231,028.55 0.00 1,231,028.55 0.00
A-2 2,754,203.73 0.00 2,754,203.73 0.00
IO 473,115.54 0.00 473,115.54 0.00
B 295,165.10 0.00 295,165.10 0.00
C 273,222.58 0.00 273,222.58 0.00
D 87,864.75 0.00 87,864.75 0.00
E 190,971.85 0.00 190,971.85 0.00
F 88,138.81 0.00 88,138.81 0.00
G 179,914.58 0.00 179,914.58 0.00
H 59,973.33 0.00 59,973.33 0.00
J 11,992.50 0.00 11,992.50 0.00
K 35,982.92 0.00 35,982.92 0.00
L 47,980.83 0.00 47,980.83 0.00
M 47,975.42 0.00 47,975.42 0.00
N 95,958.02 0.00 95,958.02 0.00
Totals 5,873,488.51 0.00 5,873,488.51 0.00
</TABLE>
<TABLE>
<CAPTION>
Additional Remaining Unpaid
Trust Fund Interest Distributable
Class Expenses Distribution Certificate Interest
<S> <C> <C> <C>
A-1 0.00 1,231,028.55 0.00
A-2 0.00 2,754,203.73 0.00
IO 0.00 473,115.54 0.00
B 0.00 295,165.10 0.00
C 0.00 273,222.58 0.00
D 0.00 87,864.75 0.00
E 0.00 190,971.85 0.00
F 0.00 88,138.81 0.00
G 0.00 179,914.58 0.00
H 0.00 59,973.33 0.00
J 0.00 11,992.50 0.00
K 0.00 35,982.92 0.00
L 0.00 47,980.83 0.00
M 0.00 47,975.42 0.00
N 223.83 95,734.19 223.83
Totals 223.83 5,873,264.68 223.83
</TABLE>
<TABLE>
<CAPTION>
Other Required Information
<S> <C>
Available Distribution Amount 6,248,561.72
Aggregate Number of Outstanding Loans 156
Aggregate Unpaid Principal Balance of Loans 885,020,105.12
Aggregate Stated Principal Balance of Loans 884,998,310.30
Aggregate Amount of Service Fee 42,338.17
Aggregate Amount of Special Servicing Fee 0.00
Aggregate Amount of Trustee Fee 1,696.97
Aggregate Trust Fund Expenses 269.63
Interest Reserve Deposit 159,445.45
Interest Reserve Withdrawal 0.00
Specially Serviced Loans not Delinquent
Number of Outstanding Loans 0
Aggregate Unpaid Principal Balance 0.00
</TABLE>
<TABLE>
<CAPTION>
Original Subordination Level
<S> <C>
Class A-1 26.2500%
Class A-2 26.2500%
Class B 21.0000%
Class C 16.2501%
Class D 14.7501%
Class E 11.5000%
Class F 10.0001%
Class G 6.2501%
Class H 5.0000%
Class J 4.7501%
Class K 4.0000%
Class L 3.0000%
Class M 2.0001%
Class N 0.00%
</TABLE>
<TABLE>
<CAPTION>
Appraisal Reduction Amount
Appraisal Date Appraisal
Loan Reduction Reduction
Number Amount Effected
<S> <C> <C>
None
Total
</TABLE>
<TABLE>
<CAPTION>
Ratings Detail
Original Ratings
Class Cusip DCR Fitch Moody's S&P
<S> <C> <C> <C> <C> <C>
A-1 337378AA1 AAA X X AAA
A-2 337378AB9 AAA X X AAA
IO 337378AC7 AAA X X AAAr
B 337378AD5 AA X X AA
C 337378AE3 A X X A
D 337378AF0 A- X X A-
E 337378AG8 BBB X X BBB
F 337378AH6 BBB- X X BBB-
G 337378AJ2 BB+ X X BB+
H 337378AK9 BB X X NR
J 337378AL7 BB- X X NR
K 337378AM5 B+ X X NR
L 337378AN3 B X X NR
M 337378AP8 B- X X NR
N 337378AQ6 NR X X NR
</TABLE>
<TABLE>
<CAPTION>
Current Ratings(1)
Class Cusip DCR Fitch Moody's S&P
<S> <C> <C> <C> <C> <C>
A-1 337378AA1 AAA X X AAA
A-2 337378AB9 AAA X X AAA
IO 337378AC7 AAA X X AAAr
B 337378AD5 AA X X AA
C 337378AE3 A X X A
D 337378AF0 A- X X A-
E 337378AG8 BBB X X BBB
F 337378AH6 BBB- X X BBB-
G 337378AJ2 BB+ X X BB+
H 337378AK9 BB X X NR
J 337378AL7 BB- X X NR
K 337378AM5 B+ X X NR
L 337378AN3 B X X NR
M 337378AP8 B- X X NR
N 337378AQ6 NR X X NR
<FN>
NR - Designates that the class was not rated by the above agency at the
time of original issuance.
X - Designates that the above rating agency did not rate any classes in this
transaction at the time of original issuance.
N/A - Data not available this period.
1) For any class not rated at the time of original issuance by any
particular rating agency, no request has been made subsequent to issuance to
obtain rating information, if any, from such rating agency. The current ratings
were obtained directly from the applicable rating agency within 30 days of the
payment date listed above. The ratings may have changed since they were
obtained. Because the ratings may have changed, you may want to obtain current
ratings directly from the rating agencies.
Duff & Phelps Credit Rating Co.
55 East Monroe Street
Chicago, Illinois 60603
(312) 368- 3100
Fitch IBCA, Inc.
One State Street Plaza
New York, New York 10004
(212) 908- 0500
Moody's Investors Service
99 Church Street
New York, New York 10007
(212) 553- 0300
Standard & Poor's Rating Services
55 Water Street
New York, New York 10041
(212) 208- 8000
</FN>
</TABLE>
<TABLE>
<CAPTION>
Current Mortgage Loan and Property Stratification Tables
Scheduled Balance
% Of
Scheduled # of Scheduled Agg WAM Weighted
Balance Loans Balance Bal. (2) WAC Avg DSCR(1)
<S> <C> <C> <C> <C> <C> <C>
Below 2,000,000 48 66,404,158.62 7.50 115 8.4777 1.307371
2,000,001 to 4,000,000 41 117,479,337.23 13.27 127 8.2141 1.335417
4,000,001 to 6,000,000 16 80,253,230.12 9.07 113 8.1327 1.304156
6,000,001 to 8,000,000 13 90,635,032.29 10.24 119 7.9587 1.337613
8,000,001 to 10,000,000 10 90,791,647.88 10.26 105 7.9007 1.244311
10,000,001 to 15,000,000 19 227,798,675.29 25.74 109 7.9519 1.296317
15,000,001 to 20,000,000 5 89,280,492.97 10.09 109 8.0473 1.342583
20,000,001 to 25,000,000 2 44,400,000.00 5.02 115 7.9904 1.200000
25,000,001 to 30,000,000 1 27,955,735.90 3.16 117 8.0000 1.210000
30,000,001 and greater 1 50,000,000.00 5.65 116 7.1400 2.110000
Totals 156 884,998,310.30 100.00 114 8.0052 1.345301
</TABLE>
<TABLE>
<CAPTION>
State(3)
# of Scheduled % of Weighted
State Props. Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
Alaska 1 1,212,134.84 0.14 115 8.5000 1.250000
Arizona 3 9,754,077.87 1.10 186 7.3744 1.520000
California 28 116,040,019.49 13.11 123 8.0650 1.274806
Colorado 2 15,801,042.09 1.79 117 8.1835 1.246645
Connecticut 3 10,164,288.15 1.15 116 8.3228 1.265138
Delaware 2 15,260,370.25 1.72 116 8.1851 1.224502
Florida 19 112,103,533.21 12.67 112 8.1429 1.327083
Georgia 13 77,921,817.40 8.80 116 8.0214 1.314241
Illinois 2 15,313,482.52 1.73 136 7.5447 1.200000
Indiana 2 18,984,395.72 2.15 102 7.7755 1.204733
Kentucky 2 1,584,300.90 0.18 116 8.7541 1.325490
Louisiana 2 3,193,593.26 0.36 116 8.7157 1.437221
Maine 1 2,243,286.24 0.25 115 8.5000 1.380000
Maryland 2 4,418,979.76 0.50 115 8.4721 1.304174
Michigan 1 9,851,326.25 1.11 136 7.5700 1.230000
Minnesota 2 3,912,252.90 0.44 116 8.2857 1.318533
Mississippi 4 8,934,434.12 1.01 117 8.8000 1.513082
Nebraska 2 22,128,883.91 2.50 118 8.3857 1.309570
Nevada 5 51,760,647.35 5.85 114 8.0653 1.218870
New Jersey 7 43,303,131.65 4.89 134 8.3258 1.584773
New York 2 4,035,155.42 0.46 114 8.3083 1.285394
North Carolina 3 10,141,300.41 1.15 132 8.2952 1.326299
Ohio 6 43,907,688.64 4.96 128 7.5947 1.291754
Oregon 3 3,951,659.36 0.45 117 8.3450 1.327357
Pennsylvania 10 47,734,400.68 5.39 104 7.3255 1.317284
South Carolina 2 15,675,882.54 1.77 117 7.9810 1.221986
Texas 14 75,365,038.36 8.52 76 8.2444 1.228209
Vermont 1 2,404,710.67 0.27 117 9.0000 1.250000
Virginia 12 87,256,133.13 9.86 107 7.5587 1.766146
Washington 4 28,863,361.55 3.26 89 8.2693 1.277192
Washington, DC 1 2,800,000.00 0.32 116 8.0000 1.220000
West Virginia 2 5,124,699.18 0.58 145 8.3750 1.266392
Wisconsin 2 13,852,282.48 1.57 127 8.2185 1.195501
Totals 165 884,998,310.30 100.00 114 8.0052 1.345301
</TABLE>
<TABLE>
<CAPTION>
Note Rate
Note # of Scheduled % of Weighted
Rate Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
6.999% or Less 1 12,772,173.10 1.44 87 6.2200 1.530000
7.000% to 7.249% 8 84,105,129.69 9.50 140 7.1757 1.977420
7.250% to 7.499% 3 14,394,567.98 1.63 96 7.4076 1.305439
7.500% to 7.749% 9 77,437,574.83 8.75 122 7.5526 1.253676
7.750% to 7.999% 14 135,192,875.80 15.28 110 7.9296 1.265924
8.000% to 8.249% 35 292,586,918.78 33.06 102 8.1104 1.257729
8.250% to 8.499% 41 175,036,876.44 19.78 117 8.3109 1.356112
8.500% to 8.749% 24 57,533,746.75 6.50 130 8.5701 1.368347
8.750% to 8.999% 19 31,636,377.42 3.57 114 8.7991 1.368626
9.000% and greater 2 4,302,069.51 0.49 117 9.0551 1.474927
Totals 156 884,998,310.30 100.00 114 8.0052 1.345301
</TABLE>
<TABLE>
<CAPTION>
Seasoning
# of Scheduled % of Weighted
Seasoning Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
12 months or less 144 820,824,921.12 92.75 113 8.0535 1.338563
13 to 24 months 10 44,495,776.25 5.03 155 7.1081 1.468287
25 to 36 months 2 19,677,612.93 2.22 58 8.0168 1.522859
37 to 48 months 0 0.00 0.00 0 0.0000 0.000000
49 months and greater 0 0.00 0.00 0 0.0000 0.000000
Totals 156 884,998,310.30 100.00 114 8.0052 1.345301
</TABLE>
<TABLE>
<CAPTION>
Debt Service Coverage Ratio(1)
Debt Service # of Scheduled % of Weighted
Coverage Ratio Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
Credit Lease 7 27,931,146.26 3.16 187 7.3648 NAP
1.19 or less 3 8,057,327.60 0.91 180 8.2692 1.162578
1.20 to 1.24 46 368,534,891.93 41.64 108 7.9897 1.209739
1.25 to 1.29 33 140,767,036.52 15.91 110 8.2287 1.260315
1.30 to 1.34 31 123,387,116.07 13.94 117 8.1267 1.318181
1.35 to 1.39 10 19,259,330.27 2.18 115 8.3154 1.370583
1.40 to 1.44 2 18,748,791.53 2.12 78 7.9317 1.426170
1.45 to 1.49 8 43,854,194.37 4.96 116 8.3302 1.452506
1.50 to 1.54 6 28,072,500.57 3.17 133 7.5334 1.520403
1.55 to 1.59 5 24,999,740.97 2.82 114 7.9942 1.575112
1.60 to 1.69 2 25,744,775.57 2.91 96 8.3347 1.681364
1.7 and greater 3 55,641,458.64 6.29 116 7.3076 2.077205
Totals 156 884,998,310.30 100.00 114 8.0052 1.345301
</TABLE>
<TABLE>
<CAPTION>
Property Type
Property # of Scheduled % of Weighted
Type Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
Credit Lease 7 27,931,146.26 3.16 187 7.3648 NAP
Health Care 2 28,833,588.63 3.26 113 8.2931 1.529770
Industrial/Warehouse 7 21,363,480.98 2.41 117 8.4793 1.313122
Lodging 16 80,017,648.81 9.04 102 8.3086 1.498024
Mixed Use 5 6,220,799.86 0.70 104 8.5448 1.318068
Mobile Home Park 2 2,450,760.06 0.28 115 8.2500 1.240000
Multi-Family 67 401,062,730.34 45.32 109 7.8577 1.344793
Office 10 29,073,681.44 3.29 116 8.2495 1.276671
Retail 48 286,298,629.55 32.35 116 8.0825 1.295891
Self Storage 1 1,745,844.37 0.20 117 8.6500 1.300000
Totals 165 884,998,310.30 100.00 114 8.0052 1.345301
</TABLE>
<TABLE>
<CAPTION>
Anticipated Remaining Term (ARD and Balloon Loans)
Anticipated # of Scheduled % of Weighted
Remaining Term(2) Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
60 months or less 10 85,784,933.90 9.69 56 8.1713 1.281467
61 to 96 months 6 44,948,579.88 5.08 89 7.3728 1.312328
97 to 108 months 3 7,577,774.38 0.86 103 7.8928 1.506231
109 to 120 months 122 651,793,151.48 73.65 116 8.0678 1.364478
121 to 144 months 5 54,632,635.40 6.17 138 7.7867 1.236719
145 to 180 months 1 2,528,368.29 0.29 174 8.3750 1.160000
181 to 204 months 7 27,313,266.07 3.09 196 7.3221 1.170000
205 and greater 0 0.00 0.00 0 0.0000 0.000000
Totals 154 874,578,709.40 98.82 112 8.0008 1.344784
</TABLE>
<TABLE>
<CAPTION>
Remaining Stated Term (Fully Amortizing Loans)
Remaining # of Scheduled % of Weighted
Stated Term Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
60 months or less 0 0.00 0.00 0 0.0000 0.000000
61 to 96 months 0 0.00 0.00 0 0.0000 0.000000
97 to 108 months 0 0.00 0.00 0 0.0000 0.000000
109 to 120 months 0 0.00 0.00 0 0.0000 0.000000
121 to 144 months 0 0.00 0.00 0 0.0000 0.000000
145 to 180 months 1 3,451,676.83 0.39 175 8.1250 1.160000
181 to 204 months 0 0.00 0.00 0 0.0000 0.000000
205 and greater 1 6,967,924.07 0.79 237 8.5000 1.500000
Totals 2 10,419,600.90 1.18 216 8.3758 1.387369
</TABLE>
<TABLE>
<CAPTION>
Remaining Amortization Term (ARD and Balloon Loans)
Remaining # of Scheduled % of Weighted
Amortization Term Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
Interest Only 1 50,000,000.00 5.65 116 7.1400 2.110000
180 months or less 0 0.00 0.00 0 0.0000 0.000000
181 to 228 months 0 0.00 0.00 0 0.0000 0.000000
229 to 240 months 0 0.00 0.00 0 0.0000 0.000000
241 to 252 months 7 26,951,158.00 3.05 190 7.2837 1.370000
253 to 288 months 3 38,011,201.56 4.30 84 8.1896 1.603474
289 to 300 months 17 34,094,461.62 3.85 116 8.6116 1.438757
301 to 348 months 6 24,244,086.08 2.74 105 7.2816 1.435111
349 and greater 120 701,277,802.14 79.24 111 8.0746 1.268797
Totals 154 874,578,709.40 98.82 112 8.0008 1.344784
</TABLE>
<TABLE>
<CAPTION>
Age of Most Recent NOI
Age of Most # of Scheduled % of Weighted
Recent NOI Loans Balance Agg. WAM WAC Avg DSCR(1)
Bal. (2)
<S> <C> <C> <C> <C> <C> <C>
Underwriter's Information 149 857,067,164.04 96.84 111 8.0261 1.345301
1 year or less 7 27,931,146.26 3.16 187 7.3648 NAP
1 to 2 years 0 0.00 0.00 0 0.0000 0.000000
2 years or greater 0 0.00 0.00 0 0.0000 0.000000
Totals 156 884,998,310.30 100.00 114 8.0052 1.345301
<FN>
(1) The Trustee makes no representations as to the accuracy of the data provided
by the borrower for this calculation. "NAP" means not applicable and relates to
the ommision of credit lease loans in the calculation of DSCR.
(2)Anticipated Remaining Term and WAM are each calculated based upon the term
from the current month to the earlier of the Anticipated Repayment Date, if
applicable, and the maturity date.
(3) Data in this table was calculated by allocating pro- rata the current loan
information to the properties based upon the Cut- off Date balance of each
property as disclosed in the offering document.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Mortgage Loan Detail
Loan Property Interest Principal Gross
Number ODCR Type(1) City State Payment Payment Coupon
<S> <C> <C> <C> <C> <C> <C> <C>
265330589 1 MF Various VA 297,500.00 0.00 7.140%
265330666 2 RT Canoga Park CA 192,672.01 12,782.07 8.000%
265330670 3 MF Miami FL 152,391.19 0.00 8.030%
265330537 4 MF Las Vegas NV 148,179.17 0.00 7.950%
465000005 5 MF Toledo OH 126,727.62 11,087.56 7.500%
265330594 6 MF Wilmington Island GA 128,966.35 8,755.06 7.990%
365000007 7 HC Jersey City NJ 132,383.60 22,923.78 8.375%
265330690 8 RT Aventura FL 122,120.64 7,230.39 8.230%
265330650 9 MF Dallas TX 108,879.71 6,603.09 8.220%
265330554 10 RT Tustin CA 99,629.57 6,829.04 7.970%
265330671 11 MF Miami FL 92,523.44 0.00 8.030%
465000012 12 RT Philadelphia PA 66,279.13 14,797.94 6.220%
265330536 13 MF Henderson NV 85,888.00 0.00 7.920%
465000014 14 RT Woodinville WA 90,026.85 5,506.11 8.180%
265330613 15 RT Dover DE 90,961.94 5,380.22 8.270%
510000102 16 RT Federal Way WA 90,202.12 6,017.42 8.390%
265330643 17 LO Newport News VA 83,375.03 12,915.88 7.885%
265330669 18 MF Orlando FL 81,634.34 0.00 8.030%
265330657 19 RT Virginia Beach VA 83,309.92 0.00 8.130%
265330588 20 RT Ashwaubenon WI 83,043.19 0.00 8.190%
510000106 21 RT Hastings NE 85,744.99 5,130.87 8.625%
265330631 22 LO Atlanta GA 81,961.30 4,840.04 8.250%
265330514 23 RT Bartlett IL 75,318.59 6,005.94 7.650%
265330570 24 MF Upper Providence PA 71,631.54 6,121.11 7.500%
510000083 25 RT Egg Harbor Town NJ 75,865.98 5,977.87 8.030%
510000105 26 RT Scottsbluff NE 74,125.22 5,465.07 8.125%
465000027 27 MF Gahanna OH 68,751.15 5,773.05 7.590%
365000028 28 HC Denver CO 73,689.58 0.00 8.150%
265330629 29 RT Bloomington IN 69,319.44 0.00 8.050%
265330680 30 RT Las Vegas NV 70,967.02 4,159.64 8.250%
265330651 31 MF Austin TX 70,632.31 4,283.55 8.220%
465000032 32 MF Oshtemo Twp MI 64,252.46 5,444.93 7.570%
465000033 33 MF Indianapolis IN 57,825.11 5,128.56 7.470%
355330617 34 MF Jonesboro GA 55,082.84 5,323.17 7.208%
265330598 35 MF Goose Creek SC 59,310.66 4,026.38 7.990%
265330649 36 MF Lewisville TX 58,236.34 3,531.79 8.220%
265330639 37 LO Tampa FL 57,998.58 3,424.98 8.250%
265330544 38 OF Larkspur CA 54,328.78 4,115.15 7.760%
265330648 39 MF Irving TX 55,799.53 3,384.00 8.220%
265330646 40 MF Irving TX 55,375.73 3,358.31 8.220%
265330642 41 LO Islamorada FL 52,605.92 7,240.13 8.235%
265330597 42 MF North Charleston SC 48,472.70 3,322.52 7.970%
265330551 43 MF Sacramento CA 48,420.58 3,295.15 8.000%
265330630 44 LO College Park GA 49,869.13 2,944.91 8.250%
510000100 45 RT Carteret NJ 51,076.13 10,219.13 8.500%
465000046 46 RT Austin TX 46,964.88 3,474.52 7.810%
465000047 47 MF Forest Park OH 45,226.74 3,797.70 7.590%
825999674 48 CL Marina CA 40,552.11 0.00 7.235%
265330626 49 MF Atlanta GA 44,788.63 2,996.72 8.020%
265330599 50 MF Augusta GA 43,508.34 2,982.25 7.970%
825999668 51 CL Mesa AZ 36,257.72 0.00 7.235%
265330575 52 RT Philadelphia PA 40,414.96 2,730.40 8.000%
265330574 53 RT Philadelphia PA 38,662.27 2,611.99 8.000%
265330675 54 IN Las Vegas NV 39,863.01 2,153.18 8.410%
265330547 55 RT Simi Valley CA 37,151.60 4,843.87 7.875%
265330632 56 LO Atlanta GA 38,845.43 2,293.93 8.250%
510000107 57 RT Pueblo CO 37,678.23 2,638.26 8.250%
265330685 58 MF St. Petersburg FL 35,783.28 2,232.58 8.125%
265330595 59 MF Savannah GA 34,812.15 2,386.17 7.970%
265330571 60 MF Middleton Township PA 32,208.42 2,752.31 7.500%
265330668 61 OF Shelton CT 34,257.18 1,972.48 8.300%
510000108 62 IN Dallas TX 33,774.57 2,387.60 8.250%
265330596 63 MF Savannah GA 32,449.80 2,224.25 7.970%
265300075 64 MF College Station TX 33,191.71 1,938.52 8.310%
265330641 65 RT Fort Bragg CA 32,051.57 1,850.38 8.280%
265330662 66 LO Livermore CA 32,662.45 3,071.25 8.740%
365000067 67 MF Orange Park FL 28,499.06 2,293.77 8.000%
265330637 68 LO Raleigh NC 28,389.23 1,676.46 8.250%
265330667 69 OF New London CT 28,075.52 1,700.06 8.200%
265330655 70 MF San Diego CA 27,684.84 1,659.70 8.220%
825999677 71 CL Arlington Heights IL 23,428.90 0.00 7.235%
265330693 72 MF Irving TX 29,208.06 1,315.92 8.750%
510000098 73 LO Ocala FL 27,820.23 1,681.83 8.625%
265330607 74 RT Durham NC 24,216.11 9,484.77 8.125%
265330627 75 RT Woodland Hills CA 24,308.55 1,402.02 8.320%
265330603 76 RT Portsmouth VA 23,750.30 1,332.08 8.375%
265330619 77 RT Richmond VA 22,989.15 1,299.29 8.360%
825999707 78 CL Columbus OH 19,134.51 0.00 7.235%
255999956 79 RT Zephyrills FL 19,774.49 0.00 7.250%
510000097 80 IN San Jose CA 23,798.71 1,364.37 8.750%
265330633 81 LO Jacksonville FL 22,345.34 1,319.56 8.250%
265330611 82 IN Alexandria VA 21,775.82 1,807.85 8.260%
510000099 83 IN Poway CA 21,932.95 1,397.51 8.500%
265330612 84 OF Baltimore MD 21,345.11 1,256.19 8.280%
825999685 85 CL Camarillo CA 17,449.37 0.00 7.235%
510000109 86 RT Jacksonville FL 20,987.85 1,359.20 8.438%
265330576 87 MF Philadelphia PA 20,176.73 1,271.32 8.120%
265330689 88 LO Pearl MS 21,478.74 1,958.44 8.800%
265330623 89 MF Washington DC 18,943.21 0.00 8.000%
510000052 90 CL Hickory NC 19,283.73 1,862.27 8.580%
265330625 91 MF Charleston WV 18,731.66 1,030.22 8.375%
265330587 92 RT Belleair Bluffs FL 17,890.97 1,186.91 8.000%
825999684 93 CL Youngtown AZ 15,329.35 0.00 7.235%
125129417 94 MF Hurricane WV 17,657.30 1,633.33 8.375%
265330555 95 MF Linden NJ 17,587.93 1,084.00 8.188%
265330577 96 MF Newark DE 16,643.69 1,266.62 7.750%
265330606 97 MH Medford OR 17,418.00 1,040.62 8.250%
265330665 98 OF Williston VT 18,648.72 1,575.91 9.000%
265330562 99 MF Charlottesville VA 16,601.32 1,055.26 8.125%
265330591 100 LO Monroe LA 17,408.45 1,587.30 8.800%
265330593 101 LO Southhaven MS 17,052.87 1,554.88 8.800%
265330582 102 MU Winter Park FL 16,679.10 821.17 8.625%
265330543 103 RT Kittery ME 16,428.03 1,150.04 8.500%
265330509 104 MF Whitehall PA 14,260.76 1,287.10 7.380%
265330529 105 MU Buffalo NY 15,306.08 921.28 8.250%
265330658 106 MF Whitehall OH 15,123.45 838.07 8.375%
255999618 107 MF Beloit WI 14,996.92 972.01 8.380%
265330688 108 LO Grenada MS 15,214.43 1,387.25 8.800%
265330691 109 RT Eagan MN 14,314.12 809.75 8.320%
265330660 110 MF Lakewood NJ 13,977.84 872.10 8.125%
510000095 111 OF Pearland TX 14,399.49 976.06 8.375%
265330605 112 MF Saint Paul MN 13,611.14 813.18 8.250%
510000101 113 IN Newark NJ 14,914.47 726.76 9.125%
265330681 114 RT Lynnwood WA 13,577.74 1,491.79 8.320%
510000088 115 MF New York NY 13,576.11 929.25 8.375%
265330687 116 MF Jackson CA 13,710.51 706.62 8.500%
265330592 117 LO McComb MS 14,003.93 1,276.88 8.800%
265330585 118 RT Palmdale CA 12,636.11 785.59 8.170%
265330679 119 SS College Station TX 13,013.47 1,255.34 8.650%
265330566 120 MF Bradenton FL 12,744.00 666.67 8.510%
265330686 121 MF Venice CA 12,664.85 652.73 8.500%
265330661 122 RT Rialto CA 12,657.54 652.35 8.500%
365000123 123 LO Federal Way WA 11,832.22 2,406.54 8.000%
465000124 124 MF Van Nuys CA 12,305.26 676.77 8.375%
265330528 125 MF Fresno CA 10,779.16 896.08 7.560%
265330695 126 OF Salem OR 10,993.81 1,100.70 8.500%
265330659 127 MF Columbus OH 11,695.24 607.38 8.500%
465000128 128 MF Hollywood CA 11,383.09 626.05 8.375%
265330601 129 RT Bermuda Dunes CA 10,644.45 597.02 8.375%
265999973 130 RT Las Vegas NV 10,798.32 553.61 8.510%
265330578 131 MF Hyattsville MD 10,905.68 472.04 8.875%
510000103 132 RT Orange CT 10,544.14 598.19 8.750%
265330579 133 RT Studio City CA 10,528.17 804.70 8.750%
265330572 134 MF Chester PA 9,005.48 769.54 7.500%
265330663 135 MF North Hollywood CA 9,722.22 538.76 8.375%
265330573 136 OF Decatur GA 10,013.40 433.42 8.875%
265330511 137 RT Morrow GA 9,712.95 877.88 8.875%
265330523 138 RT Houston TX 9,228.39 462.87 8.590%
265330618 139 OF Anchorage AK 8,875.57 466.73 8.500%
465000140 140 RT Phoenix AZ 8,636.79 479.84 8.370%
265330677 141 MF Ontario CA 8,719.19 447.01 8.510%
265999972 142 MU Charlottesville VA 8,850.36 393.37 8.750%
265330620 143 RT Suwanee GA 8,468.00 363.66 8.875%
265330640 144 RT Encino CA 8,007.00 427.67 8.470%
465000145 145 RT Seminole FL 7,998.23 757.60 8.750%
265330602 146 MF San Diego CA 6,968.62 416.33 8.250%
265330545 147 RT Margate FL 6,869.24 639.06 8.820%
265330646 148 MF Royersford PA 6,462.06 362.71 8.350%
265330644 149 MF Grambling LA 6,574.50 345.72 8.500%
265330664 150 MF North Hollywood CA 6,461.62 335.58 8.500%
265330609 151 RT Austin TX 6,574.33 594.21 8.875%
265330580 152 RT Louisville KY 6,253.59 262.74 8.875%
265330557 153 OF Louisville KY 5,695.48 569.76 8.625%
265330674 154 MU Fairview NJ 4,956.33 442.92 8.875%
265330654 155 MF Buena Park CA 4,477.84 227.91 8.500%
265330581 156 MF Cape Coral FL 4,262.44 209.85 8.625%
Totals 6,075,240.51 375,297.04
</TABLE>
<TABLE>
Loan Anticipated Neg Beginning Ending Paid
Number Repayment Maturity Amort Scheduled Scheduled Thru
Date Date (Y/N) Balance Balance Date
<S> <C> <C> <C> <C> <C> <C>
265330589 N/A 10/01/2009 N 50,000,000.00 50,000,000.00 02/01/2000
265330666 N/A 11/01/2009 N 27,968,517.97 27,955,735.90 02/01/2000
265330670 N/A 11/01/2009 N 22,400,000.00 22,400,000.00 02/01/2000
265330537 N/A 07/01/2009 N 22,000,000.00 22,000,000.00 02/01/2000
465000005 N/A 06/01/2009 N 19,622,341.06 19,611,253.50 02/01/2000
265330594 N/A 09/01/2011 N 18,744,352.61 18,735,597.55 02/01/2000
365000007 N/A 06/01/2009 N 18,356,512.41 18,333,588.63 02/01/2000
265330690 N/A 11/01/2009 N 17,231,775.71 17,224,545.32 02/01/2000
265330650 N/A 09/01/2004 N 15,382,111.06 15,375,507.97 02/01/2000
265330554 N/A 09/01/2009 N 14,516,794.70 14,509,965.66 02/01/2000
265330671 N/A 11/01/2009 N 13,600,000.00 13,600,000.00 02/01/2000
465000012 05/01/2007 05/01/2027 N 12,786,971.04 12,772,173.10 02/01/2000
265330536 N/A 07/01/2009 N 12,800,000.00 12,800,000.00 02/01/2000
465000014 N/A 10/01/2004 N 12,780,844.99 12,775,338.88 02/01/2000
265330613 N/A 10/01/2009 N 12,773,061.72 12,767,681.50 02/01/2000
510000102 N/A 11/01/2009 N 12,485,202.04 12,479,184.62 02/01/2000
265330643 N/A 12/01/2004 N 12,279,341.87 12,266,425.99 01/01/2000
265330669 N/A 11/01/2009 N 12,000,000.00 12,000,000.00 02/01/2000
265330657 N/A 10/01/2009 N 11,900,000.00 11,900,000.00 02/01/2000
265330588 N/A 09/01/2009 N 11,775,000.00 11,775,000.00 02/01/2000
510000106 N/A 12/01/2009 N 11,544,906.95 11,539,776.08 02/01/2000
265330631 N/A 10/01/2009 N 11,537,074.26 11,532,234.22 02/01/2000
265330514 N/A 09/01/2009 N 11,433,561.76 11,427,555.82 02/01/2000
265330570 N/A 09/01/2009 N 11,091,334.57 11,085,213.46 02/01/2000
510000083 N/A 09/01/2009 N 10,971,659.11 10,965,681.24 02/01/2000
510000105 N/A 12/01/2009 N 10,594,572.90 10,589,107.83 02/01/2000
465000027 N/A 06/01/2011 N 10,519,109.94 10,513,336.89 02/01/2000
365000028 N/A 10/01/2009 N 10,500,000.00 10,500,000.00 02/01/2000
265330629 N/A 09/01/2009 N 10,000,000.00 10,000,000.00 02/01/2000
265330680 N/A 11/01/2009 N 9,989,493.05 9,985,333.41 02/01/2000
265330651 N/A 09/01/2004 N 9,978,664.33 9,974,380.78 02/01/2000
465000032 N/A 06/01/2011 N 9,856,771.18 9,851,326.25 02/01/2000
465000033 N/A 06/01/2007 N 8,989,524.28 8,984,395.72 02/01/2000
355330617 N/A 08/01/2009 N 8,874,469.27 8,869,146.10 02/01/2000
265330598 N/A 09/01/2011 N 8,620,386.78 8,616,360.40 02/01/2000
265330649 N/A 09/01/2004 N 8,227,408.72 8,223,876.93 02/01/2000
265330639 N/A 10/01/2009 N 8,164,022.77 8,160,597.79 02/01/2000
265330544 N/A 09/01/2009 N 8,130,345.65 8,126,230.50 02/01/2000
265330648 N/A 09/01/2004 N 7,883,144.82 7,879,760.82 02/01/2000
265330646 N/A 09/01/2004 N 7,823,272.82 7,819,914.51 02/01/2000
265330642 N/A 12/01/2004 N 7,418,427.07 7,411,186.94 01/01/2000
265330597 N/A 09/01/2007 N 7,062,844.66 7,059,522.14 02/01/2000
265330551 N/A 08/01/2009 N 7,028,793.78 7,025,498.63 02/01/2000
265330630 N/A 10/01/2009 N 7,019,701.58 7,016,756.67 02/01/2000
510000100 N/A 11/01/2019 N 6,978,143.20 6,967,924.07 02/01/2000
465000046 N/A 09/01/2009 N 6,983,337.41 6,979,862.89 02/01/2000
465000047 N/A 06/01/2011 N 6,919,812.01 6,916,014.31 02/01/2000
825999674 N/A 06/01/2016 N 6,725,989.28 6,725,989.28 02/01/2000
265330626 N/A 09/01/2009 N 6,485,362.26 6,482,365.54 02/01/2000
265330599 N/A 09/01/2007 N 6,339,499.19 6,336,516.94 02/01/2000
825999668 N/A 06/01/2016 N 6,013,719.55 6,013,719.55 02/01/2000
265330575 N/A 09/01/2009 N 5,866,687.62 5,863,957.22 02/01/2000
265330574 N/A 09/01/2009 N 5,612,264.94 5,609,652.95 02/01/2000
265330675 N/A 11/01/2009 N 5,504,462.03 5,502,308.85 02/01/2000
265330547 N/A 10/01/2009 N 5,478,576.87 5,473,733.00 02/01/2000
265330632 N/A 10/01/2009 N 5,467,978.07 5,465,684.14 02/01/2000
510000107 N/A 12/01/2009 N 5,303,680.35 5,301,042.09 02/01/2000
265330685 N/A 11/01/2009 N 5,114,433.74 5,112,201.16 02/01/2000
265330595 N/A 09/01/2007 N 5,072,397.54 5,070,011.37 02/01/2000
265330571 N/A 09/01/2009 N 4,987,110.85 4,984,358.54 02/01/2000
265330668 N/A 10/01/2009 N 4,793,075.56 4,791,103.08 02/01/2000
510000108 N/A 11/01/2009 N 4,754,192.08 4,751,804.48 02/01/2000
265330596 N/A 09/01/2007 N 4,728,184.86 4,725,960.61 02/01/2000
265300075 N/A 08/01/2009 N 4,638,412.59 4,636,474.07 02/01/2000
265330641 N/A 11/01/2009 N 4,495,310.77 4,493,460.39 02/01/2000
265330662 N/A 10/01/2009 N 4,339,883.56 4,336,812.31 02/01/2000
365000067 N/A 08/01/2009 N 4,136,959.63 4,134,665.86 02/01/2000
265330637 N/A 10/01/2009 N 3,996,137.37 3,994,460.91 02/01/2000
265330667 N/A 10/01/2009 N 3,976,077.04 3,974,376.98 02/01/2000
265330655 N/A 10/01/2009 N 3,911,209.08 3,909,549.38 02/01/2000
825999677 N/A 06/01/2016 N 3,885,926.70 3,885,926.70 02/01/2000
265330693 N/A 11/01/2009 N 3,876,461.61 3,875,145.69 02/01/2000
510000098 N/A 11/01/2009 N 3,745,781.63 3,744,099.80 02/01/2000
265330607 N/A 09/01/2014 N 3,461,161.60 3,451,676.83 02/01/2000
265330627 N/A 09/01/2009 N 3,392,942.41 3,391,540.39 02/01/2000
265330603 N/A 09/01/2009 N 3,293,253.61 3,291,921.53 02/01/2000
265330619 N/A 09/01/2009 N 3,193,430.70 3,192,131.41 02/01/2000
825999707 N/A 06/01/2016 N 3,173,657.11 3,173,657.11 02/01/2000
255999956 N/A 11/01/2008 N 3,167,437.30 3,167,437.30 02/01/2000
510000097 N/A 11/01/2009 N 3,158,539.01 3,157,174.64 02/01/2000
265330633 N/A 10/01/2009 N 3,145,385.48 3,144,065.92 02/01/2000
265330611 N/A 09/01/2009 N 3,061,507.34 3,059,699.49 02/01/2000
510000099 N/A 11/01/2009 N 2,996,532.19 2,995,134.68 02/01/2000
265330612 N/A 09/01/2009 N 2,993,703.67 2,992,447.48 02/01/2000
825999685 N/A 06/01/2016 N 2,894,158.86 2,894,158.86 02/01/2000
510000109 N/A 12/01/2009 N 2,888,650.61 2,887,291.41 02/01/2000
265330576 N/A 10/01/2004 N 2,885,596.20 2,884,324.88 02/01/2000
265330689 N/A 11/01/2009 N 2,834,438.44 2,832,480.00 02/01/2000
265330623 N/A 10/01/2009 N 2,800,000.00 2,800,000.00 02/01/2000
510000052 N/A 06/01/2008 N 2,697,024.94 2,695,162.67 02/01/2000
265330625 N/A 11/01/2009 N 2,597,361.11 2,596,330.89 02/01/2000
265330587 N/A 11/01/2009 N 2,597,076.66 2,595,889.75 02/01/2000
825999684 N/A 06/01/2016 N 2,542,532.09 2,542,532.09 02/01/2000
125129417 N/A 08/01/2014 N 2,530,001.62 2,528,368.29 02/01/2000
265330555 N/A 09/01/2009 N 2,494,618.63 2,493,534.63 02/01/2000
265330577 N/A 09/01/2009 N 2,493,955.37 2,492,688.75 02/01/2000
265330606 N/A 09/01/2009 N 2,451,800.68 2,450,760.06 01/01/2000
265330665 N/A 11/01/2009 N 2,406,286.58 2,404,710.67 02/01/2000
265330562 N/A 09/01/2009 N 2,372,793.77 2,371,738.51 02/01/2000
265330591 N/A 11/01/2009 N 2,297,302.89 2,295,715.59 02/01/2000
265330593 N/A 11/01/2009 N 2,250,378.39 2,248,823.51 02/01/2000
265330582 N/A 09/01/2009 N 2,245,713.60 2,244,892.43 02/01/2000
265330543 N/A 09/01/2009 N 2,244,436.28 2,243,286.24 02/01/2000
265330509 N/A 09/01/2009 N 2,244,022.06 2,242,734.96 02/01/2000
265330529 N/A 08/01/2009 N 2,154,521.86 2,153,600.58 02/01/2000
265330658 N/A 10/01/2009 N 2,097,040.23 2,096,202.16 02/01/2000
255999618 N/A 05/01/2016 N 2,078,254.49 2,077,282.48 02/01/2000
265330688 N/A 11/01/2009 N 2,007,768.83 2,006,381.58 02/01/2000
265330691 N/A 11/01/2009 N 1,997,938.81 1,997,129.06 02/01/2000
265330660 N/A 11/01/2009 N 1,997,825.69 1,996,953.59 02/01/2000
510000095 N/A 10/01/2009 N 1,996,655.13 1,995,679.07 02/01/2000
265330605 N/A 09/01/2009 N 1,915,937.02 1,915,123.84 02/01/2000
510000101 N/A 11/01/2009 N 1,898,085.60 1,897,358.84 02/01/2000
265330681 N/A 10/01/2009 N 1,895,155.43 1,893,663.64 02/01/2000
510000088 N/A 09/01/2009 N 1,882,484.09 1,881,554.84 02/01/2000
265330687 N/A 11/01/2009 N 1,873,162.63 1,872,456.01 02/01/2000
265330592 N/A 11/01/2009 N 1,848,025.91 1,846,749.03 02/01/2000
265330585 N/A 09/01/2009 N 1,796,106.93 1,795,321.34 02/01/2000
265330679 N/A 11/01/2009 N 1,747,099.71 1,745,844.37 02/01/2000
265330566 N/A 09/01/2009 N 1,739,069.97 1,738,403.30 02/01/2000
265330686 N/A 11/01/2009 N 1,730,302.77 1,729,650.04 02/01/2000
265330661 N/A 11/01/2009 N 1,729,303.75 1,728,651.40 02/01/2000
365000123 N/A 12/01/2008 N 1,717,580.95 1,715,174.41 02/01/2000
465000124 N/A 11/01/2009 N 1,706,266.47 1,705,589.70 02/01/2000
265330528 N/A 09/01/2009 N 1,655,785.49 1,654,889.41 02/01/2000
265330695 N/A 01/01/2010 N 1,502,000.00 1,500,899.30 02/01/2000
265330659 N/A 10/01/2009 N 1,597,832.05 1,597,224.67 02/01/2000
465000128 N/A 11/01/2009 N 1,578,396.37 1,577,770.32 02/01/2000
265330601 N/A 09/01/2009 N 1,475,976.38 1,475,379.36 02/01/2000
265999973 N/A 11/01/2009 N 1,473,558.70 1,473,005.09 02/01/2000
265330578 N/A 08/01/2009 N 1,427,004.32 1,426,532.28 02/01/2000
510000103 N/A 12/01/2009 N 1,399,406.28 1,398,808.09 01/01/2000
265330579 N/A 10/01/2009 N 1,397,286.80 1,396,482.10 02/01/2000
265330572 N/A 09/01/2009 N 1,394,396.19 1,393,626.65 02/01/2000
265330663 N/A 10/01/2009 N 1,348,097.28 1,347,558.52 02/01/2000
265330573 N/A 08/01/2009 N 1,310,249.41 1,309,815.99 02/01/2000
265330511 N/A 09/01/2009 N 1,270,935.89 1,270,058.01 02/01/2000
265330523 N/A 09/01/2009 N 1,247,594.72 1,247,131.85 02/01/2000
265330618 N/A 09/01/2009 N 1,212,601.57 1,212,134.84 02/01/2000
465000140 N/A 10/01/2009 N 1,198,306.07 1,197,826.23 02/01/2000
265330677 N/A 11/01/2009 N 1,189,836.22 1,189,389.21 02/01/2000
265999972 N/A 12/01/2004 N 1,174,609.57 1,174,216.20 02/01/2000
265330620 N/A 09/01/2009 N 1,108,033.92 1,107,670.26 02/01/2000
265330640 N/A 09/01/2009 N 1,097,810.16 1,097,382.49 02/01/2000
465000145 N/A 09/01/2009 N 1,061,516.25 1,060,758.65 02/01/2000
265330602 N/A 09/01/2009 N 980,919.84 980,503.51 02/01/2000
265330545 N/A 08/01/2009 N 904,441.91 903,802.85 02/01/2000
265330646 N/A 10/01/2009 N 898,721.63 898,358.92 02/01/2000
265330644 N/A 09/01/2009 N 898,223.39 897,877.67 02/01/2000
265330664 N/A 10/01/2009 N 882,802.20 882,466.62 02/01/2000
265330609 N/A 09/01/2009 N 860,249.14 859,654.93 02/01/2000
265330580 N/A 11/01/2009 N 818,280.11 818,017.37 02/01/2000
265330557 N/A 08/01/2009 N 766,853.29 766,283.53 02/01/2000
265330674 N/A 10/01/2009 N 648,533.57 648,090.65 02/01/2000
265330654 N/A 12/01/2009 N 611,773.75 611,545.84 02/01/2000
265330581 N/A 09/01/2009 N 573,904.58 573,694.73 02/01/2000
Totals 885,373,607.34 884,998,310.30
Appraisal Appraisal Res Mod
Reduction Reduction Strat. Code
Date Amount (2) (3)
Totals 0.00
<FN>
(1) Property Type Code
SS- Self Storage
MF- Multi- Family
RT- Retail
HC- Health Care
IN- Industrial
WH- Warehouse
MH- Mobile Home Park
OF- Office
LO- Lodging
MU- Mixed Use
OT- Other
(2) Resolution Strategy Code
1- Modification
2- Foreclosure
3- Bankruptcy
4- Extension
5- Note Sale
6- DPO
7- REO
8- Resolved
9- Pending Return to Master Server
10- Deed In Lieu of Foreclosure
11- Full Payoff
12- Reps and Warranties
13- Other or TBD
(3) Modification Code
1- Maturity Date Extension
2- Amortization Change
3- Principal Write- Off
4- Combination
</FN>
</TABLE>
Principal Prepayment Detail
No Principal Prepayments this Period
<TABLE>
<CAPTION>
Historical Detail
Delinquencies
Distribution 30-59 Days 60-89 Days 90 Days or More Foreclosure REO Modifications
Date # Balance # Balance # Balance # Balance # Balance # Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
02/17/2000 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
01/18/2000 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00 0 $0.00
</TABLE>
<TABLE>
<CAPTION>
Prepayments
Distribution Curtailments Payoff
Date # Amount # Amount
<S> <C> <C> <C> <C>
02/17/2000 0 $0.00 0 $0.00
01/18/2000 0 $0.00 0 $0.00
</TABLE>
<TABLE>
<CAPTION>
Rate and Maturities
Distribution Next Weighted Avg. WAM
Date Coupon Remit
<S> <C> <C> <C>
01/17/2000 8.005186% 7.947906% 114
01/18/2000 8.005207% 7.947928% 115
<FN>
Note: Foreclosure and REO Totals are excluded from the delinquencies aging
categories.
</FN>
</TABLE>
<TABLE>
<CAPTION>
Delinquency Loan Detail
Offering # of Current Outstanding Status of
Loan Number Document Months Paid Through P & I P & I Mortgage
Cross- Reference Delinq. Date Advances Advances** Loan(1)
<S> <C> <C> <C> <C> <C> <C>
265330643 17 0 01/01/2000 95,779.27 95,779.27 B
265330642 41 0 01/01/2000 59,536.95 59,536.95 B
265330606 97 0 01/01/2000 18,356.46 18,356.46 B
510000103 132 0 01/01/2000 11,084.03 11,084.03 B
Totals 4 184,756.71 184,756.71
</TABLE>
<TABLE>
<CAPTION>
Resolution Actual Outstanding Bank- REO
Loan Number Strategy Servicing Foreclosure Principal Servicing ruptcy date
Code(2) Transfer Date Date Balance Advances Date
<S> <C> <C> <C> <C>
265330643 12,279,341.87 0.00
265330642 7,418,427.07 0.00
265330606 2,451,800.68 0.00
510000103 1,399,406.28 0.00
Totals 23,548,975.90 0.00
</TABLE>
<TABLE>
Current Outstanding Actual Outstanding
P & I P & I Principal Servicing
Advances Advances Balance Advances
<S> <C> <C> <C> <C>
Totals by deliquency code:
Totals for status code = B (4 Loans) 184,756.71 184,756.71 23,548,975.90 0.00
</TABLE>
(1) Status of Mortgage Loan
A- Payment Not Received But Still in Grace Period
B- Late Payment But Less Than 1 Month Delinquent
0- Current
1- One Month Delinquent
2- Two Months Delinquent
3- Three Or More Months Delinquent
4- Assumed Scheduled Payment (Performing Matured Balloon)
7- Foreclosure
9- REO
(2) Resolution Strategy Code
1- Modification
2- Foreclosure
3- Bankruptcy
4- Extension
5- Note Sale
6- DPO
7- REO
8- Resolved
9- Pending Return to Master Server
10-Deed In Lieu Of Foreclosure
11-Full Payoff
12-Reps and Warranties
13-Other or TBD
Specially Serviced Loan Detail - Part 1
No Specially Serviced Loans this Period
Specially Serviced Loan Detail - Part 2
No Specially Serviced Loans this Period
Modified Loan Detail
No Modified Loans
Liquidated Loan Detail
No Liquidated Loans this Period
