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: October 20, 1997
(Date of earliest event reported)
MORTGAGE CAPITAL FUNDING, INC.
(Sponsor)
(Issuer in Respect of
Multifamily/Commercial Mortgage Pass-Through Certificates
Series 1997-MC1)
(Exact name of registrant as specified in charter)
Delaware 333-24489 13-3408716
(State or other juris- (Commission (I.R.S. Employer
diction of organization) File No.) Identification No.)
399 Park Avenue, New York, New York 10043
(Address of principal executive offices) (Zip Code)
Registrant s Telephone Number, including area code (212) 559-6899
(Former name or former address, if changed since last report.)
ITEM 5. OTHER EVENTS
This Current Report on Form 8-K relates to the Trust Fund
formed, and the Commercial Mortgage Pass-Through Certificates Series
1997-MC1 issued pursuant to, a Pooling and Servicing Agreement, dated as
of June 1, 1997 (the "Pooling and Servicing Agreement"), by and among
Mortgage Capital Funding, Inc., as sponsor, NationsBanc Mortgage Capital
Corporation, as additional warranting party, as additional warranting
party, CRIIMI MAE Services Limited Partnership, as master servicer and
special servicer, LaSalle National Bank, as trustee and REMIC
administrator, and ABN AMRO Bank, N.V., as fiscal agent. The Class A-1,
Class A-2, Class A-3, Class B, Class C, Class D and Class E Certificates
have been registered pursuant to the Act under a Registration Statement
on Form S-3 (File No.333-24489) (the "Registration Statement").
Capitalized terms used herein and not defined herein have
the same meanings ascribed to such terms in the Pooling and Servicing
Agreement.
Pursuant to Section 8.14 of the Pooling and Servicing
Agreement, the Trustee is filing this Current Report containing the
October 20, 1997 monthly distribution report prepared by the Trustee
pursuant to Section 4.02 thereof.
This Current Report is being filed by the Trustee, in its
capacity as such under the Pooling and Servicing Agreement, on behalf of
the Registrant. The information reported and contained herein has been
supplied to the Trustee by one or more of the Master Servicer, the
Special Servicer or other third parties without independent review or
investigation by the Trustee. Pursuant to the Pooling and Servicing
Agreement, the Trustee is not responsible for the accuracy or
completeness of such information.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
AND EXHIBITS
(c) Exhibits
Exhibit No. Description
99 Monthly distribution report pursuant to
Section 4.2 of the Pooling and Servicing
Agreement for the distribution on October
20, 1997
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on behalf of the
Registrant by the undersigned thereunto duly authorized.
LASALLE NATIONAL BANK, IN
ITS CAPACITY AS TRUSTEE
UNDER THE POOLING AND
SERVICING AGREEMENT ON
BEHALF OF MORTGAGE CAPTIAL
FUNDING, INC, REGISTRANT
By: /s Russell Goldenberg
Russell Goldenberg,
Senior Vice President
Date: October 27, 1997
ABN AMRO
LaSalle National Bank
Administrator:
Amy Bulger (800) 246-5761
135 S. LaSalle Street Suite 1740
Chicago, IL 60603
Mortgage Capital Funding, Inc.
Citicorp Real Estate, Inc.
NationsBanc Mortgage Capital Corporation
CRIIMI MAE Services Limited Partnership
Series 1997-MC1
ABN AMRO Acct: 67-7766-20-6
Statement Date: 10/20/97
Payment Date: 10/20/97
Prior Payment: 09/22/97
Record Date: 09/30/97
0
WAC: 8.776352%
WAMM: 109
REMIC II
Original Opening Principal
Class Face Value (1) Balance Payment
CUSIP Per $1,000 Per $1,000 Per $1,000
X 658,475,819.41 N 657,026,517.98 0.00
61910DCZ3 1000.000000000 997.799005845 0.000000000
A-1 108,659,000.00 107,209,698.56 548,000.47
61910DCK6 1000.000000000 986.661929155 5.043304926
A-2 26,341,000.00 26,341,000.00 0.00
61910DCL4 1000.000000000 1000.000000000 0.000000000
A-3 325,979,171.00 325,979,171.00 0.00
61910DCM2 1000.000000000 1000.000000000 0.000000000
B 39,512,500.00 39,512,500.00 0.00
61910DCN0 1000.000000000 1000.000000000 0.000000000
C 36,219,792.00 36,219,792.00 0.00
61910DCP5 1000.000000000 1000.000000000 0.000000000
D 32,927,083.00 32,927,083.00 0.00
61910DCQ3 1000.000000000 1000.000000000 0.000000000
E 13,170,833.00 13,170,833.00 0.00
61910DCR1 1000.000000000 1000.000000000 0.000000000
F 39,512,500.00 39,512,500.00 0.00
61910DCS9 1000.000000000 1000.000000000 0.000000000
G 6,585,416.00 6,585,416.00 0.00
61910DCT7 1000.000000000 1000.000000000 0.000000000
H 13,170,833.00 13,170,833.00 0.00
61910DCU4 1000.000000000 1000.000000000 0.000000000
J 9,878,125.00 9,878,125.00 0.00
61910DCV2 1000.000000000 1000.000000000 0.000000000
K 6,585,420.58 6,585,420.58 0.00
61910DCW0 1000.000000000 1000.000000000 0.000000000
R-II 0.00 0.00 0.00
9ABSA548 1000.000000000 0.000000000 0.000000000
658,541,673.58 657,092,372.14 548,000.47
Notes: (1) N denotes notional balance not included in total
(2) Interest Paid minus Interest Adjustment minus Deferred
Interest equals Accrual (3) Estimated
Principal Negative Closing
Class Adj. or Loss Amortization Balance
CUSIP Per $1,000 Per $1,000 Per $1,000
X 0.00 0.00 656,478,517.51
61910DCZ3 0.000000000 0.000000000 996.966780190
A-1 0.00 0.00 106,661,698.09
61910DCK6 0.000000000 0.000000000 981.618624228
A-2 0.00 0.00 26,341,000.00
61910DCL4 0.000000000 0.000000000 1000.000000000
A-3 0.00 0.00 325,979,171.00
61910DCM2 0.000000000 0.000000000 1000.000000000
B 0.00 0.00 39,512,500.00
61910DCN0 0.000000000 0.000000000 1000.000000000
C 0.00 0.00 36,219,792.00
61910DCP5 0.000000000 0.000000000 1000.000000000
D 0.00 0.00 32,927,083.00
61910DCQ3 0.000000000 0.000000000 1000.000000000
E 0.00 0.00 13,170,833.00
61910DCR1 0.000000000 0.000000000 1000.000000000
F 0.00 0.00 39,512,500.00
61910DCS9 0.000000000 0.000000000 1000.000000000
G 0.00 0.00 6,585,416.00
61910DCT7 0.000000000 0.000000000 1000.000000000
H 0.00 0.00 13,170,833.00
61910DCU4 0.000000000 0.000000000 1000.000000000
J 0.00 0.00 9,878,125.00
61910DCV2 0.000000000 0.000000000 1000.000000000
K 0.00 0.00 6,585,420.58
61910DCW0 0.000000000 0.000000000 1000.000000000
R-II 0.00 0.00 0.00
9ABSA548 0.000000000 0.000000000 0.000000000
0.00 0.00 656,544,371.67
Total P&I Payment 5,237,339.18
Interest Interest Pass-Through
Class Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Next Rate (3)
X 726,635.10 0.00 1.32713383%
61910DCZ3 1.103510681 0.000000000 1.48166380%
A-1 639,148.49 0.00 7.15400000%
61910DCK6 5.882149569 0.000000000 Fixed
A-2 158,550.87 0.00 7.22300000%
61910DCL4 6.019166698 0.000000000 Fixed
A-3 1,979,780.17 0.00 7.28800000%
61910DCM2 6.073333348 0.000000000 Fixed
B 241,487.23 0.00 7.33400000%
61910DCN0 6.111666688 0.000000000 Fixed
C 223,747.77 0.00 7.41300000%
61910DCP5 6.177500136 0.000000000 Fixed
D 206,644.89 0.00 7.53100000%
61910DCQ3 6.275833483 0.000000000 Fixed
E 86,872.62 0.00 7.91500000%
61910DCR1 6.595833384 0.000000000 Fixed
F 245,372.63 0.00 7.45200000%
61910DCS9 6.210000127 0.000000000 Fixed
G 32,927.08 0.00 6.00000000%
61910DCT7 5.000000000 0.000000000 Fixed
H 65,854.17 0.00 6.00000000%
61910DCU4 5.000000380 0.000000000 Fixed
J 49,390.63 0.00 6.00000000%
61910DCV2 5.000000506 0.000000000 Fixed
K 32,927.06 0.00 6.00000000%
61910DCW0 4.999993486 0.000000000 Fixed
R-II 0.00 0.00
9ABSA548 0.000000000 0.000000000
4,689,338.71 0.00
REMIC I
Original Opening Principal
Class Face Value (1) Balance Payment
CUSIP Per $1,000 Per $1,000 Per $1,000
A-1-Major 108,648,134.10 107,198,832.66 548,000.47
NONE 1000.000000000 986.660595214 5.043809307
A-1-Minor 10,865.90 10,865.90 0.00
NONE 1000.000000000 1000.000000000 0.000000000
A-2-Major 26,338,365.90 26,338,365.90 0.00
NONE 1000.000000000 1000.000000000 0.000000000
A-2-Minor 2,634.10 2,634.10 0.00
NONE 1000.000000000 1000.000000000 0.000000000
A-3-Major 325,946,573.08 325,946,573.08 0.00
NONE 1000.000000000 999.999999991 0.000000000
A-3-Minor 32,597.92 32,597.92 0.00
NONE 1000.000000000 1000.000088963 0.000000000
B-Major 39,508,548.75 39,508,548.75 0.00
NONE 1000.000000000 1000.000000000 0.000000000
B-Minor 3,951.25 3,951.25 0.00
NONE 1000.000000000 1000.000000000 0.000000000
C-Major 36,216,170.02 36,216,170.02 0.00
NONE 1000.000000000 999.999999978 0.000000000
C-Minor 3,621.98 3,621.98 0.00
NONE 1000.000000000 1000.000220874 0.000000000
D-Major 32,923,790.29 32,923,790.29 0.00
NONE 1000.000000000 999.999999948 0.000000000
D-Minor 3,292.71 3,292.71 0.00
NONE 1000.000000000 1000.000516292 0.000000000
E-Major 13,169,515.92 13,169,515.92 0.00
NONE 1000.000000000 1000.000000251 0.000000000
E-Minor 1,317.08 1,317.08 0.00
NONE 1000.000000000 999.997494464 0.000000000
F-Major 39,508,548.75 39,508,548.75 0.00
NONE 1000.000000000 1000.000000000 0.000000000
F-Minor 3,951.25 3,951.25 0.00
NONE 1000.000000000 1000.000000000 0.000000000
G-Major 6,584,757.46 6,584,757.46 0.00
NONE 1000.000000000 1000.000000243 0.000000000
G-Minor 658.54 658.54 0.00
NONE 1000.000000000 999.997570389 0.000000000
H-Major 13,169,515.92 13,169,515.92 0.00
NONE 1000.000000000 1000.000000251 0.000000000
H-Minor 1,317.08 1,317.08 0.00
NONE 1000.000000000 999.997494464 0.000000000
J-Major 9,877,137.19 9,877,137.19 0.00
NONE 1000.000000000 1000.000000253 0.000000000
J-Minor 987.81 987.81 0.00
NONE 1000.000000000 999.997469155 0.000000000
K-Major 6,584,762.04 6,584,762.04 0.00
NONE 1000.000000000 1000.000000319 0.000000000
K-Minor 658.54 658.54 0.00
NONE 1000.000000000 999.996811138 0.000000000
R-I 0.00 0.00 0.00
9ABSA534 1000.000000000 0.000000000 0.000000000
658,541,673.58 657,092,372.14 548,000.47
Principal Negative Closing
Class Adj. or Loss Amortization Balance
CUSIP Per $1,000 Per $1,000 Per $1,000
A-1-Major 0.00 0.00 106,650,832.19
NONE 0.000000000 0.000000000 981.616785907
A-1-Minor 0.00 0.00 10,865.90
NONE 0.000000000 0.000000000 1000.000000000
A-2-Major 0.00 0.00 26,338,365.90
NONE 0.000000000 0.000000000 1000.000000000
A-2-Minor 0.00 0.00 2,634.10
NONE 0.000000000 0.000000000 1000.000000000
A-3-Major 0.00 0.00 325,946,573.08
NONE 0.000000000 0.000000000 999.999999991
A-3-Minor 0.00 0.00 32,597.92
NONE 0.000000000 0.000000000 1000.000088963
B-Major 0.00 0.00 39,508,548.75
NONE 0.000000000 0.000000000 1000.000000000
B-Minor 0.00 0.00 3,951.25
NONE 0.000000000 0.000000000 1000.000000000
C-Major 0.00 0.00 36,216,170.02
NONE 0.000000000 0.000000000 999.999999978
C-Minor 0.00 0.00 3,621.98
NONE 0.000000000 0.000000000 1000.000220874
D-Major 0.00 0.00 32,923,790.29
NONE 0.000000000 0.000000000 999.999999948
D-Minor 0.00 0.00 3,292.71
NONE 0.000000000 0.000000000 1000.000516292
E-Major 0.00 0.00 13,169,515.92
NONE 0.000000000 0.000000000 1000.000000251
E-Minor 0.00 0.00 1,317.08
NONE 0.000000000 0.000000000 999.997494464
F-Major 0.00 0.00 39,508,548.75
NONE 0.000000000 0.000000000 1000.000000000
F-Minor 0.00 0.00 3,951.25
NONE 0.000000000 0.000000000 1000.000000000
G-Major 0.00 0.00 6,584,757.46
NONE 0.000000000 0.000000000 1000.000000243
G-Minor 0.00 0.00 658.54
NONE 0.000000000 0.000000000 999.997570389
H-Major 0.00 0.00 13,169,515.92
NONE 0.000000000 0.000000000 1000.000000251
H-Minor 0.00 0.00 1,317.08
NONE 0.000000000 0.000000000 999.997494464
J-Major 0.00 0.00 9,877,137.19
NONE 0.000000000 0.000000000 1000.000000253
J-Minor 0.00 0.00 987.81
NONE 0.000000000 0.000000000 999.997469155
K-Major 0.00 0.00 6,584,762.04
NONE 0.000000000 0.000000000 1000.000000319
K-Minor 0.00 0.00 658.54
NONE 0.000000000 0.000000000 999.996811138
R-I 0.00 0.00 0.00
9ABSA534 0.000000000 0.000000000 0.000000000
0.00 0.00 656,544,371.67
Total P&I Payment 5,237,339.18
Interest Interest Pass-Through
Class Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Next Rate (3)
A-1-Major 757,639.71 0.00 8.48113383%
NONE 6.973333838 0.000000000 8.63566380%
A-1-Minor 64.78 0.00 7.15400000%
NONE 5.961770309 0.000000000 Fixed
A-2-Major 187,663.79 0.00 8.55013383%
NONE 7.125111357 0.000000000 8.70466380%
A-2-Minor 15.86 0.00 7.22300000%
NONE 6.021031851 0.000000000 Fixed
A-3-Major 2,340,061.12 0.00 8.61513383%
NONE 7.179278180 0.000000000 8.76966380%
A-3-Minor 197.98 0.00 7.28800000%
NONE 6.073394180 0.000000000 Fixed
B-Major 285,157.36 0.00 8.66113383%
NONE 7.217611606 0.000000000 8.81566380%
B-Minor 24.15 0.00 7.33400000%
NONE 6.111989877 0.000000000 Fixed
C-Major 263,778.48 0.00 8.74013383%
NONE 7.283444932 0.000000000 8.89466380%
C-Minor 22.37 0.00 7.41300000%
NONE 6.176181244 0.000000000 Fixed
D-Major 243,036.12 0.00 8.85813383%
NONE 7.381778278 0.000000000 9.01266380%
D-Minor 20.66 0.00 7.53100000%
NONE 6.274470168 0.000000000 Fixed
E-Major 101,428.69 0.00 9.24213383%
NONE 7.701778155 0.000000000 9.39666380%
E-Minor 8.69 0.00 7.91500000%
NONE 6.597912220 0.000000000 Fixed
F-Major 289,042.36 0.00 8.77913383%
NONE 7.315944755 0.000000000 8.93366380%
F-Minor 24.54 0.00 7.45200000%
NONE 6.210692819 0.000000000 Fixed
G-Major 40,206.17 0.00 7.32713383%
NONE 6.105945474 0.000000000 7.48166380%
G-Minor 3.29 0.00 6.00000000%
NONE 4.995887883 0.000000000 Fixed
H-Major 80,412.34 0.00 7.32713383%
NONE 6.105945010 0.000000000 7.48166380%
H-Minor 6.59 0.00 6.00000000%
NONE 5.003480038 0.000000000 Fixed
J-Major 60,309.26 0.00 7.32713383%
NONE 6.105945362 0.000000000 7.48166380%
J-Minor 4.94 0.00 6.00000000%
NONE 5.000949067 0.000000000 Fixed
K-Major 40,206.19 0.00 7.32713383%
NONE 6.105944265 0.000000000 7.48166380%
K-Minor 3.27 0.00 6.00000000%
NONE 4.965513974 0.000000000 Fixed
R-I 0.00 0.00
9ABSA534 0.000000000 0.000000000
4,689,338.71 0.00
Other Related Information
Aggregate Pool Information
Beginning loan count: 158
Ending loan count: 158
Beginning scheduled balance of mortgage loans: 657,092,372.14
Less:
1. Scheduled principal received: 548,000.48
2. Unscheduled principal: (0.01)
3. Prepayments in full: 0.00
4. Other principal proceeds: 0.00
5. Principal realized losses: 0.00
Ending scheduled balance of mortgage loans: 656,544,371.67
Component Total Rate
Gross Interest: 4,805,728.11 8.776352%
Less:
1. Servicing fee : 113,651.51 0.208%
2. Special Servicing fee : 0.00 0.000%
3. Trustee fee : 2,737.88 0.005%
Remittance 4,689,338.72 8.563798%
Less:
1.Net aggregate prepay int. s/f: 0.00
2.Non-recoverable advances 0.00
3.Other interest reductions: 0.00
1.Net pool interest remittance: 4,689,338.72
Current prin.distribution amt.: 548,000.47
Available distribution amount for
the current distribution date: 5,237,339.19
(1)Does not include prepayment premiums or other
penalty related interest
Accrued Net
Certificate Prepayment Prepayment
Class Interest Int. Shortfalls Premiums
X 726,635.10 0.00 0.00
A-1 639,148.49 0.00 0.00
A-2 158,550.87 0.00 0.00
A-3 1,979,780.17 0.00 0.00
B 241,487.23 0.00 0.00
C 223,747.77 0.00 0.00
D 206,644.89 0.00 0.00
E 86,872.62 0.00 0.00
F 245,372.63 0.00 0.00
G 32,927.08 0.00 0.00
H 65,854.17 0.00 0.00
J 49,390.63 0.00 0.00
K 32,927.06 0.00 0.00
Totals: 4,689,338.71 0.00 0.00
Prior Ending Other
Unpaid Unpaid Interest
Class Interest Interest Shortfalls
X 0.00 0.00 0.00
A-1 0.00 0.00 0.00
A-2 0.00 0.00 0.00
A-3 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
J 0.00 0.00 0.00
K 0.00 0.00 0.00
Totals: 0.00 0.00 0.00
Actual
Distribution
Class of Interest
X 726,635.10
A-1 639,148.49
A-2 158,550.87
A-3 1,979,780.17
B 241,487.23
C 223,747.77
D 206,644.89
E 86,872.62
F 245,372.63
G 32,927.08
H 65,854.17
J 49,390.63
K 32,927.06
Totals: 4,689,338.71
Servicing Compensation
Type of Master Sub
Compensation Servicer Servicer
Current Accrued Fees: 113,651.51 0.00
Prepayment Interest Excess: 0.00 0.00
Penalty Charges: 0.00 0.00
Assumption Fees: 0.00 0.00
Modification Fees: 0.00 0.00
Workout Fees: 0.00 0.00
Interest on Servicing Advances: 0.00 0.00
Other Fees: 0.00 0.00
Totals: 113,651.51 0.00
Servicing Compensation
Type of Special
Compensation Servicer
Current Accrued Fees: 0.00
Prepayment Interest Excess: 0.00
Penalty Charges: 0.00
Assumption Fees: 0.00
Modification Fees: 0.00
Workout Fees: 0.00
Interest on Servicing Advances: 0.00
Other Fees: 0.00
Totals: 0.00
REO Property Information
Principal
# Collateral Id Date of REO Balance
1. 0.00 0.00 0.00
2. 0.00 0.00 0.00
3. 0.00 0.00 0.00
4. 0.00 0.00 0.00
5. 0.00 0.00 0.00
No REO Properties to Report as of the Current Prepayment Period
Date of Amount of
# Book Value Final Recovery Proceeds
1. 0.00 0.00 0.00
2. 0.00 0.00 0.00
3. 0.00 0.00 0.00
4. 0.00 0.00 0.00
5. 0.00 0.00 0.00
Cumulative realized losses on
the Mortgage Pool as of Cutoff: 0.00
Cumulative realized losses on
the Certificates as of Cutoff: 0.00
*Cumulative additional trust fund expenses applied
to the Certificates since the closing date: 0.00
* included in cumulative losses on the certificates
Disclosure Paid Outstanding
Doc Thru Current P&I P&I
Control # Date Advance Advances**
N047 09/01/97 16,930.81 16,930.81
N050 09/01/97 13,792.42 13,792.42
N060 09/01/97 66,405.84 66,405.84
N094 09/01/97 18,269.76 18,269.76
N122 09/01/97 9,702.47 9,702.47
N131 09/01/97 32,831.89 32,831.89
N141 09/01/97 82,696.09 82,696.09
N142 09/01/97 75,791.57 75,791.57
N143 09/01/97 78,734.61 78,734.61
N144 09/01/97 46,966.18 46,966.18
Total 442,121.64 442,121.64
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 or More
4. Matured Balloon/Assumed Scheduled Payment
** Outstanding P&I Advances include the current period P&I Advance
Disclosure Out. Property Special
Doc Protection Advance Servicer
Control # Advances Description (1) Transfer Date
N047 0.00 B
N050 0.00 B
N060 0.00 B
N094 0.00 B
N122 0.00 B
N131 0.00 B
N141 0.00 B
N142 0.00 B
N143 0.00 B
N144 0.00 B
Total
Disclosure
Doc Foreclosure Bankruptcy REO
Control # Date Date Date
N047
N050
N060
N094
N122
N131
N141
N142
N143
N144
Total
Loan Level Detail
Property
Disclosure Type Maturity
Control # Group Code Date
C001 MCF97MC1 Other 04/01/07
C003 MCF97MC1 Retail 01/01/07
C008 MCF97MC1 Retail 03/01/07
C009 MCF97MC1 Retail 01/01/07
C012 MCF97MC1 Retail 03/01/07
C013 MCF97MC1 Retail 04/01/07
C014 MCF97MC1 Retail 01/01/07
C016 MCF97MC1 Retail 03/01/07
C017 MCF97MC1 Retail 02/01/07
C018 MCF97MC1 Retail 03/01/07
C019 MCF97MC1 Retail 05/01/07
C020 MCF97MC1 Retail 01/01/07
C024 MCF97MC1 Retail 04/01/07
C028 MCF97MC1 Retail 12/01/06
C029 MCF97MC1 Retail 01/01/07
C030 MCF97MC1 Retail 05/01/07
C032 MCF97MC1 Retail 05/01/04
C034 MCF97MC1 Retail 03/01/07
C038 MCF97MC1 Retail 03/01/07
C039 MCF97MC1 Retail 03/01/07
C040 MCF97MC1 Retail 12/01/06
C043 MCF97MC1 Retail 12/01/06
C044 MCF97MC1 Retail 04/01/07
C052 MCF97MC1 Retail 01/01/07
C053 MCF97MC1 Retail 02/01/07
C055 MCF97MC1 Retail 04/01/07
C056 MCF97MC1 Retail 05/01/07
C057 MCF97MC1 Retail 04/01/07
C061 MCF97MC1 Multifamily 12/01/06
C062 MCF97MC1 Multifamily 01/01/07
C063 MCF97MC1 Multifamily 05/01/07
C064 MCF97MC1 Multifamily 05/01/07
C065 MCF97MC1 Multifamily 04/01/07
C066 MCF97MC1 Multifamily 06/01/07
C067 MCF97MC1 Multifamily 03/01/07
C068 MCF97MC1 Multifamily 04/01/07
C072 MCF97MC1 Multifamily 05/01/07
C074 MCF97MC1 Multifamily 01/01/07
C075 MCF97MC1 Multifamily 04/01/05
C076 MCF97MC1 Multifamily 03/01/07
C077 MCF97MC1 Multifamily 05/01/07
C081 MCF97MC1 Mobile Home 12/01/06
C082 MCF97MC1 Multifamily 01/01/07
C084 MCF97MC1 Multifamily 05/01/07
C085 MCF97MC1 Multifamily 04/01/07
C087 MCF97MC1 Mobile Home 02/01/04
C088 MCF97MC1 Multifamily 05/01/07
C090 MCF97MC1 Multifamily 01/01/07
C099 MCF97MC1 Multifamily 05/01/07
C101 MCF97MC1 Multifamily 12/01/06
C102 MCF97MC1 Multifamily 01/01/07
C103 MCF97MC1 Mobile Home 04/01/07
C105 MCF97MC1 Multifamily 06/01/07
C107 MCF97MC1 Multifamily 02/01/07
C109 MCF97MC1 Multifamily 05/01/07
C112 MCF97MC1 Multifamily 01/01/07
C117 MCF97MC1 Multifamily 02/01/07
C118 MCF97MC1 Multifamily 12/01/06
C119 MCF97MC1 Multifamily 05/01/07
C121 MCF97MC1 Multifamily 05/01/07
C124 MCF97MC1 Multifamily 01/01/07
C125 MCF97MC1 Multifamily 02/01/07
C126 MCF97MC1 Multifamily 01/01/07
C127 MCF97MC1 Multifamily 01/01/07
C147 MCF97MC1 Office 12/01/06
C148 MCF97MC1 Office 04/01/07
C149 MCF97MC1 Office 01/01/07
C151 MCF97MC1 Office 05/01/07
C155 MCF97MC1 Industrial 03/01/07
C157 MCF97MC1 Mixed Use 01/01/07
C158 MCF97MC1 Self Storage 01/01/07
N002 MCF97MC1 Retail 03/01/07
N004 MCF97MC1 Retail 03/01/07
N005 MCF97MC1 Retail 02/01/04
N006 MCF97MC1 Retail 03/01/07
N007 MCF97MC1 Retail 01/01/07
N010 MCF97MC1 Retail 01/01/04
N011 MCF97MC1 Retail 01/01/07
N015 MCF97MC1 Retail 04/01/07
N021 MCF97MC1 Retail 12/01/06
N022 MCF97MC1 Retail 03/01/07
N023 MCF97MC1 Retail 03/01/07
N025 MCF97MC1 Retail 04/01/04
N026 MCF97MC1 Retail 04/01/07
N027 MCF97MC1 Retail 01/01/07
N031 MCF97MC1 Retail 04/01/02
N033 MCF97MC1 Retail 02/01/02
N035 MCF97MC1 Retail 04/01/07
N036 MCF97MC1 Retail 02/01/07
N037 MCF97MC1 Retail 04/01/07
N041 MCF97MC1 Retail 12/01/06
N042 MCF97MC1 Retail 04/01/07
N045 MCF97MC1 Retail 02/01/07
N046 MCF97MC1 Retail 02/01/07
N047 MCF97MC1 Retail 02/01/07
N048 MCF97MC1 Retail 04/01/07
N049 MCF97MC1 Retail 02/01/07
N050 MCF97MC1 Retail 04/01/07
N051 MCF97MC1 Retail 03/01/07
N054 MCF97MC1 Retail 03/01/07
N058 MCF97MC1 Multifamily 03/01/07
N059 MCF97MC1 Multifamily 05/01/07
N060 MCF97MC1 Multifamily 10/01/06
N069 MCF97MC1 Multifamily 04/01/07
N070 MCF97MC1 Multifamily 05/01/07
N071 MCF97MC1 Multifamily 12/01/03
N073 MCF97MC1 Multifamily 02/01/07
N078 MCF97MC1 Multifamily 03/01/07
N079 MCF97MC1 Multifamily 01/01/04
N080 MCF97MC1 Multifamily 12/01/06
N083 MCF97MC1 Multifamily 12/01/06
N086 MCF97MC1 Multifamily 04/01/04
N089 MCF97MC1 Multifamily 04/01/07
N091 MCF97MC1 Multifamily 03/01/07
N092 MCF97MC1 Multifamily 02/01/07
N093 MCF97MC1 Multifamily 04/01/07
N094 MCF97MC1 Multifamily 12/01/06
N095 MCF97MC1 Multifamily 05/01/07
N096 MCF97MC1 Multifamily 12/01/06
N097 MCF97MC1 Multifamily 08/01/03
N098 MCF97MC1 Multifamily 03/01/07
N100 MCF97MC1 Multifamily 03/01/07
N104 MCF97MC1 Multifamily 04/01/07
N106 MCF97MC1 Multifamily 12/01/06
N108 MCF97MC1 Multifamily 01/01/07
N110 MCF97MC1 Multifamily 04/01/07
N111 MCF97MC1 Multifamily 03/01/07
N113 MCF97MC1 Multifamily 01/01/07
N114 MCF97MC1 Multifamily 03/01/07
N115 MCF97MC1 Multifamily 01/01/07
N116 MCF97MC1 Multifamily 03/01/07
N120 MCF97MC1 Multifamily 01/01/07
N122 MCF97MC1 Multifamily 03/01/07
N123 MCF97MC1 Multifamily 01/01/07
N128 MCF97MC1 Health Care 01/01/07
N129 MCF97MC1 Health Care 11/01/06
N130 MCF97MC1 Health Care 02/01/07
N131 MCF97MC1 Health Care 02/01/07
N132 MCF97MC1 Health Care 02/01/07
N133 MCF97MC1 Health Care 01/01/07
N134 MCF97MC1 Health Care 01/01/07
N135 MCF97MC1 Health Care 01/01/07
N136 MCF97MC1 Health Care 02/01/07
N137 MCF97MC1 Health Care 01/01/07
N138 MCF97MC1 Health Care 02/01/07
N139 MCF97MC1 Health Care 01/01/07
N140 MCF97MC1 Lodging 01/01/07
N141 MCF97MC1 Lodging 05/01/07
N142 MCF97MC1 Lodging 03/01/07
N143 MCF97MC1 Lodging 11/01/06
N144 MCF97MC1 Lodging 04/01/07
N145 MCF97MC1 Lodging 03/01/07
N146 MCF97MC1 Lodging 05/01/07
N150 MCF97MC1 Office 01/01/07
N152 MCF97MC1 Office 12/01/06
N153 MCF97MC1 Industrial 05/01/07
N154 MCF97MC1 Industrial 04/01/07
N156 MCF97MC1 Industrial 12/01/03
Operating
Disclosure Statement
Control # DSCR Date State
C001 1.220 12/31/96 NY
C003 1.400 12/31/96 PR
C008 1.360 12/31/96 CA
C009 0.000 12/31/96 MA
C012 1.400 12/31/96 NC
C013 1.300 12/31/96 AL
C014 1.570 12/31/96 PA
C016 1.400 12/31/96 FL
C017 1.280 12/31/96 MS
C018 1.400 12/31/96 FL
C019 1.330 12/31/96 AZ
C020 0.000 12/31/96 OK
C024 1.560 12/31/96 TN
C028 1.840 12/31/96 OH
C029 1.420 12/31/96 TX
C030 1.500 12/31/96 TX
C032 1.700 12/31/96 AZ
C034 1.310 12/31/96 NY
C038 1.330 12/31/96 CA
C039 1.480 12/31/96 IN
C040 7.000 12/31/96 VV
C043 1.240 12/31/96 FL
C044 1.430 12/31/96 AL
C052 1.700 12/31/96 AZ
C053 1.750 12/31/96 TX
C055 1.780 12/31/96 TX
C056 1.210 12/31/96 CT
C057 1.310 12/31/96 MN
C061 1.500 12/31/96 DE
C062 1.570 12/31/96 NV
C063 1.370 12/31/96 PA
C064 1.430 12/31/96 NJ
C065 1.270 12/31/96 NC
C066 1.370 12/31/96 FL
C067 0.960 12/31/96 CA
C068 1.240 12/31/96 NC
C072 1.420 12/31/96 NJ
C074 1.490 12/31/96 FL
C075 1.540 12/31/96 LA
C076 1.280 12/31/96 MS
C077 1.330 12/31/96 TN
C081 1.530 12/31/96 KS
C082 1.700 12/31/96 TX
C084 1.610 12/31/96 NJ
C085 1.250 12/31/96 NC
C087 0.850 12/31/96 AZ
C088 1.530 12/31/96 NJ
C090 1.300 12/31/96 SC
C099 9.000 12/31/96 VA
C101 1.830 12/31/96 MI
C102 1.380 12/31/96 TX
C103 8.000 12/31/96 TX
C105 1.080 12/31/96 AZ
C107 2.290 12/31/96 GA
C109 1.570 12/31/96 AZ
C112 1.550 12/31/96 TX
C117 1.930 12/31/96 NY
C118 2.120 12/31/96 NJ
C119 1.170 12/31/96 TN
C121 1.400 12/31/96 VA
C124 0.000 12/31/96 FL
C125 0.000 12/31/96 NY
C126 0.000 12/31/96 NH
C127 0.000 12/31/96 NH
C147 1.470 12/31/96 NC
C148 1.400 12/31/96 DC
C149 1.620 12/31/96 CT
C151 1.780 12/31/96 NJ
C155 1.470 12/31/96 CA
C157 1.340 12/31/96 NJ
C158 0.000 12/31/96 IL
N002 0.000 12/31/96 MA
N004 1.370 12/31/96 SC
N005 1.420 12/31/96 IN
N006 0.520 12/31/96 CA
N007 1.350 12/31/96 VA
N010 1.370 12/31/96 VA
N011 1.380 12/31/96 FL
N015 1.610 12/31/96 OK
N021 1.520 12/31/96 TX
N022 1.630 12/31/96 MA
N023 1.520 12/31/96 MA
N025 1.550 12/31/96 NC
N026 1.600 12/31/96 DC
N027 1.490 12/31/96 TX
N031 1.680 12/31/96 FL
N033 1.310 12/31/96 AL
N035 1.840 12/31/96 OK
N036 1.930 12/31/96 GA
N037 1.820 12/31/96 LA
N041 1.430 12/31/96 FL
N042 1.330 12/31/96 VA
N045 1.480 12/31/96 KY
N046 1.480 12/31/96 FL
N047 1.270 12/31/96 NC
N048 1.510 12/31/96 SC
N049 1.740 12/31/96 TN
N050 1.470 12/31/96 NC
N051 1.330 12/31/96 MA
N054 1.320 12/31/96 MA
N058 1.540 12/31/96 PA
N059 1.380 12/31/96 MO
N060 0.500 12/31/96 UT
N069 1.570 12/31/96 NJ
N070 1.300 12/31/96 MO
N071 1.230 12/31/96 LA
N073 1.590 12/31/96 FL
N078 1.170 12/31/96 TX
N079 1.450 12/31/96 NY
N080 1.650 12/31/96 LA
N083 1.750 12/31/96 LA
N086 1.430 12/31/96 CA
N089 1.530 12/31/96 TX
N091 1.380 12/31/96 OR
N092 1.370 12/31/96 WA
N093 1.580 12/31/96 CO
N094 1.860 12/31/96 GA
N095 1.300 12/31/96 MO
N096 1.470 12/31/96 MS
N097 1.330 12/31/96 NY
N098 1.440 12/31/96 CA
N100 1.310 12/31/96 FL
N104 1.680 12/31/96 TX
N106 1.480 12/31/96 MD
N108 1.800 12/31/96 NY
N110 1.540 12/31/96 MA
N111 1.640 12/31/96 OR
N113 1.300 12/31/96 WA
N114 1.750 12/31/96 AZ
N115 1.750 12/31/96 LA
N116 1.580 12/31/96 TX
N120 1.400 12/31/96 GA
N122 1.520 12/31/96 NM
N123 1.740 12/31/96 GA
N128 1.620 12/31/96 CA
N129 2.700 12/31/96 NJ
N130 1.930 12/31/96 FL
N131 3.130 12/31/96 FL
N132 2.680 12/31/96 PA
N133 1.310 12/31/96 CA
N134 1.450 12/31/96 CA
N135 1.500 12/31/96 CA
N136 1.760 12/31/96 FL
N137 1.620 12/31/96 CA
N138 2.960 12/31/96 FL
N139 1.510 12/31/96 CA
N140 1.830 12/31/96 TN
N141 1.710 12/31/96 GA
N142 1.860 12/31/96 NY
N143 2.230 12/31/96 FL
N144 1.940 12/31/96 SC
N145 1.570 12/31/96 TN
N146 2.280 12/31/96 MS
N150 2.010 12/31/96 AL
N152 0.380 12/31/96 CT
N153 1.540 12/31/96 CA
N154 1.150 12/31/96 CA
N156 0.000 12/31/96 TX
Ending
Disclosure Principal Note Scheduled
Control # Balance Rate P&I
C001 29,878,421 8.050% 221,176
C003 9,518,086 8.810% 79,318
C008 7,719,817 9.020% 62,470
C009 7,387,559 8.920% 62,113
C012 6,372,445 8.530% 49,347
C013 6,228,956 8.960% 50,109
C014 6,191,815 8.270% 49,362
C016 5,975,999 8.890% 47,803
C017 5,674,428 9.000% 45,863
C018 5,079,599 8.890% 40,633
C019 4,876,499 9.020% 39,416
C020 4,560,172 8.720% 37,725
C024 4,177,434 9.090% 35,505
C028 3,565,015 8.680% 29,426
C029 3,321,323 8.790% 27,633
C030 3,308,329 9.360% 28,706
C032 3,116,774 9.250% 25,709
C034 2,881,113 8.880% 24,099
C038 2,644,857 9.020% 22,374
C039 2,583,287 8.960% 21,748
C040 2,577,530 9.400% 22,536
C043 2,460,373 8.780% 19,524
C044 2,216,512 8.960% 17,831
C052 1,636,394 9.020% 13,869
C053 1,569,141 9.280% 14,575
C055 1,293,220 9.270% 11,151
C056 1,112,684 8.570% 9,441
C057 1,044,506 9.250% 8,992
C061 8,316,639 8.550% 67,922
C062 7,452,922 7.940% 54,719
C063 7,278,560 8.720% 57,273
C064 6,541,662 8.960% 52,595
C065 6,127,246 8.500% 47,288
C066 6,026,326 8.540% 46,621
C067 5,327,292 8.600% 41,517
C068 4,881,871 8.500% 37,677
C072 4,486,482 8.610% 34,953
C074 4,334,994 8.390% 33,185
C075 4,237,548 9.930% 39,314
C076 4,181,658 8.460% 32,175
C077 4,107,725 8.650% 32,118
C081 3,677,275 8.590% 28,686
C082 3,480,128 8.440% 26,763
C084 3,309,966 8.580% 25,716
C085 3,237,976 8.500% 24,990
C087 2,984,511 8.310% 22,665
C088 2,971,194 8.690% 23,316
C090 2,783,647 8.300% 21,134
C099 2,259,788 9.340% 19,577
C101 2,127,967 8.350% 17,096
C102 2,081,431 8.590% 17,037
C103 2,022,863 8.750% 15,970
C105 1,945,311 8.590% 15,118
C107 1,885,596 8.790% 15,672
C109 1,694,987 8.700% 13,313
C112 1,591,241 8.620% 12,439
C117 1,389,089 8.620% 11,387
C118 1,277,157 8.530% 10,414
C119 1,276,186 8.650% 9,978
C121 1,198,848 9.340% 10,386
C124 991,186 8.610% 8,127
C125 942,596 8.620% 7,727
C126 917,107 8.810% 7,643
C127 247,867 8.810% 2,066
C147 12,673,105 8.680% 99,668
C148 9,744,505 8.770% 80,703
C149 7,730,583 8.550% 63,071
C151 1,543,638 9.590% 13,639
C155 4,104,394 8.800% 36,807
C157 6,353,138 8.570% 51,918
C158 848,277 9.150% 7,821
N002 17,190,106 8.395% 131,356
N004 9,469,236 8.630% 73,924
N005 9,137,839 9.060% 77,584
N006 8,370,192 8.320% 63,520
N007 8,360,630 8.670% 65,603
N010 7,387,857 8.410% 56,619
N011 6,942,533 8.530% 56,507
N015 6,019,797 8.700% 49,534
N021 4,558,747 8.540% 37,165
N022 4,474,803 8.800% 37,149
N023 4,287,046 8.550% 34,871
N025 3,937,700 9.250% 33,872
N026 3,931,662 9.050% 33,284
N027 3,868,750 8.660% 31,825
N031 3,184,766 8.930% 26,701
N033 2,905,127 9.030% 24,607
N035 2,860,500 8.650% 23,442
N036 2,780,942 9.020% 23,536
N037 2,711,535 8.750% 22,403
N041 2,531,999 8.520% 20,608
N042 2,513,054 8.960% 21,121
N045 2,184,970 9.000% 18,462
N046 2,105,574 8.800% 17,506
N047 2,099,932 8.680% 17,290
N048 2,082,361 8.995% 18,887
N049 2,085,120 8.800% 17,336
N050 1,727,891 8.650% 14,160
N051 1,638,218 8.700% 14,573
N054 1,329,381 8.700% 11,825
N058 10,465,483 8.580% 81,332
N059 8,938,341 8.410% 68,324
N060 8,445,544 8.890% 67,673
N069 4,786,447 8.690% 37,556
N070 4,678,663 8.410% 35,763
N071 4,573,866 8.220% 34,461
N073 4,380,158 8.730% 34,543
N078 3,984,400 8.465% 30,642
N079 3,980,409 8.495% 30,742
N080 3,818,897 8.350% 29,119
N083 3,342,530 8.350% 25,487
N086 3,091,398 8.750% 24,388
N089 2,831,830 8.625% 22,089
N091 2,631,086 8.490% 20,281
N092 2,588,188 8.460% 19,918
N093 2,493,183 8.810% 19,775
N094 2,485,833 8.230% 18,747
N095 2,483,981 8.410% 18,987
N096 2,466,822 8.480% 19,034
N097 2,367,532 8.924% 19,076
N098 2,341,613 8.300% 17,737
N100 2,132,494 8.360% 16,243
N104 1,994,205 8.600% 15,520
N106 1,939,960 8.600% 15,132
N108 1,841,197 8.610% 14,369
N110 1,695,228 8.710% 13,325
N111 1,590,157 8.350% 12,722
N113 1,571,144 8.432% 12,065
N114 1,569,411 8.320% 11,910
N115 1,432,626 8.315% 10,884
N116 1,405,064 8.640% 11,514
N120 1,268,740 8.485% 9,790
N122 1,193,281 8.800% 9,907
N123 1,194,108 8.485% 9,214
N128 8,897,939 9.420% 77,786
N129 7,035,447 9.040% 59,778
N130 4,469,651 9.070% 37,980
N131 3,973,023 9.070% 33,760
N132 3,724,569 9.040% 31,573
N133 3,157,974 9.420% 27,607
N134 3,028,874 9.420% 26,478
N135 2,909,706 9.420% 25,437
N136 2,731,453 9.070% 23,210
N137 2,358,550 9.420% 20,618
N138 2,085,837 9.070% 17,724
N139 1,494,576 9.420% 13,066
N140 10,074,350 9.460% 94,811
N141 9,139,453 9.250% 84,260
N142 7,933,383 9.990% 77,149
N143 7,896,759 10.540% 80,085
N144 5,559,286 9.275% 47,917
N145 3,372,587 9.460% 29,515
N146 1,680,103 9.990% 16,298
N150 3,007,424 8.930% 25,287
N152 992,040 9.150% 8,495
N153 8,519,906 9.300% 73,516
N154 8,173,318 9.000% 74,160
N156 2,081,311 8.580% 17,023
656,544,371.67
Loan
Disclosure Prepayment Status
Control # Prepayment Date Code (1)
C001 0
C003 0
C008 0
C009 0
C012 0
C013 0
C014 0
C016 0
C017 0
C018 0
C019 0
C020 0
C024 0
C028 0
C029 0
C030 0
C032 0
C034 0
C038 0
C039 0
C040 0
C043 0
C044 0
C052 0
C053 0
C055 0
C056 0
C057 0
C061 0
C062 0
C063 0
C064 0
C065 0
C066 0
C067 0
C068 0
C072 0
C074 0
C075 0
C076 0
C077 0
C081 0
C082 0
C084 0
C085 0
C087 0
C088 0
C090 0
C099 0
C101 0
C102 (0)
C103 0
C105 0
C107 0
C109 0
C112 0
C117 0
C118 0
C119 0
C121 0
C124 0
C125 0
C126 0
C127 0
C147 0
C148 0
C149 0
C151 0
C155 0
C157 0
C158 0
N002 0
N004 0
N005 0
N006 0
N007 0
N010 0
N011 0
N015 0
N021 0
N022 0
N023 0
N025 0
N026 0
N027 0
N031 0
N033 0
N035 0
N036 0
N037 0
N041 0
N042 0
N045 0
N046 0
N047 0 B
N048 0
N049 0
N050 0 B
N051 0
N054 0
N058 0
N059 0
N060 0 B
N069 0
N070 0
N071 0
N073 0
N078 0
N079 0
N080 0
N083 0
N086 0
N089 0
N091 0
N092 0
N093 0
N094 0 B
N095 0
N096 0
N097 0
N098 0
N100 0
N104 0
N106 0
N108 0
N110 0
N111 0
N113 0
N114 0
N115 0
N116 0
N120 0
N122 0 B
N123 0
N128 0
N129 0
N130 0
N131 0 B
N132 0
N133 0
N134 0
N135 0
N136 0
N137 0
N138 0
N139 0
N140 0
N141 0 B
N142 0 B
N143 0 B
N144 0 B
N145 0
N146 0
N150 0
N152 0
N153 0
N154 (0)
N156 0
(0)
Beginning
Disclosure Scheduled Interest Maturity
Control # Balance Rate Date
0
(1) Legend :
1) Request for waiver of Prepayment Penalty
2) Payment default
3) Request for Loan Modification or Workout
4) Loan with Borrower Bankruptcy
5) Loan in Process of Foreclosure
6) Loan now REO Property
7) Loans Paid Off
8) Loans Returned to Master Servicer
Specially
Disclosure Property Serviced
Control # Type Status Code (1) Comments
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
0 0
Modified Loan Detail
Disclosure Modification Modification
Control # Date Description
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 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
Distribution Delinq 1 Month Delinq 2 Months Delinq 3+ Months
Date # Balance # Balance # Balance
10/20/97 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
9/22/97 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
8/20/97 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
7/21/97 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
07/18/97 - 06:31 (A534-A548) 1997 LaSalle National Bank
Foreclosure/
Distribution Bankruptcy REO Modifications
Date # Balance # Balance # Balance
10/20/97 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
9/22/97 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
8/20/97 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
7/21/97 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
1/0/00 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
Distribution Prepayments Curr Weighted Avg.
Date # Balance Coupon Remit
10/20/97 0 0 8.7764% 8.5638%
0.00% 0.000%
9/22/97 0 0 8.9351% 8.7185%
0.00% 0.000%
8/20/97 0 0 8.9351% 8.7185%
0.00% 0.000%
7/21/97 0 0 8.7765% 8.5639%
0.00% 0.000%
1/0/00 0 0 0.0000% 0.0000%
0.00% 0.000%
1/0/00 0 0 0.0000% 0.0000%
0.00% 0.000%
1/0/00 0 0 0.0000% 0.0000%
0.00% 0.000%
1/0/00 0 0 0.0000% 0.0000%
0.00% 0.000%
1/0/00 0 0 0.0000% 0.0000%
0.00% 0.000%
1/0/00 0 0 0.0000% 0.0000%
0.00% 0.000%
1/0/00 0 0 0.0000% 0.0000%
0.00% 0.000%
1/0/00 0 0 0.0000% 0.0000%
0.00% 0.000%
1/0/00 0 0 0.0000% 0.0000%
0.00% 0.000%
1/0/00 0 0 0.0000% 0.0000%
0.00% 0.000%
1/0/00 0 0 0.0000% 0.0000%
0.00% 0.000%
1/0/00 0 0 0.0000% 0.0000%
0.00% 0.000%
1/0/00 0 0 0.0000% 0.0000%
0.00% 0.000%
1/0/00 0 0 0.0000% 0.0000%
0.00% 0.000%
Distribution of Principal Balances
Current Number Based
Scheduled of Scheduled on
Balances Loans Balance Balance
$0to $999,999 6 4,939,073.95 0.75%
$1,000,000to $1,249,999 5 5,743,425.67 0.87%
$1,250,000to $1,499,999 9 12,166,038.68 1.85%
$1,500,000to $1,999,999 17 29,113,820.61 4.43%
$2,000,000to $2,499,999 21 47,024,047.56 7.16%
$2,500,000to $2,999,999 18 49,421,559.07 7.53%
$3,000,000to $3,499,999 13 41,960,047.03 6.39%
$3,500,000to $3,999,999 10 38,461,700.12 5.86%
$4,000,000to $4,499,999 11 47,241,892.79 7.20%
$4,500,000to $4,999,999 7 32,916,265.02 5.01%
$5,000,000to $5,999,999 5 27,616,604.52 4.21%
$6,000,000to $6,999,999 9 56,803,917.65 8.65%
$7,000,000to $7,499,999 5 36,542,344.99 5.57%
$7,500,000to $8,499,999 9 72,946,864.76 11.11%
$8,500,000to $9,999,999 8 73,365,304.60 11.17%
$10,000,000to $12,499,999 2 20,539,833.11 3.13%
$12,500,000to $14,999,999 1 12,673,104.73 1.93%
$15,000,000to $17,999,999 1 17,190,105.59 2.62%
$18,000,000to $19,999,999 0 0.00 0.00%
$20,000,000& Above 1 29,878,421.22 4.55%
Total 158 656,544,371.67 100.00%
Average Scheduled Balance is 4,155,344
Maximum Scheduled Balance is 29,878,421
Minimum Scheduled Balance is 247,867
Distribution of Property Types
Number Based
of Scheduled on
Property Types Loans Balance Balance
Retail 56 241,772,134.59 36.82%
Multifamily 67 218,914,008.86 33.34%
Health Care 12 45,867,598.73 6.99%
Lodging 7 45,655,920.20 6.95%
Office 6 35,691,294.97 5.44%
Other 1 29,878,421.22 4.55%
Industrial 4 22,878,929.06 3.48%
Mobile Home 3 8,684,649.13 1.32%
Mixed Use 1 6,353,137.62 0.97%
Self Storage 1 848,277.29 0.13%
Total 158 656,544,371.67 100.00%
Geographic Distribution
Number Based
of Scheduled on
Geographic Location Loans Balance Balance
California 15 72,140,405 10.99%
Florida 17 67,302,724 10.25%
New York 8 51,213,740 7.80%
North Carolina 8 41,058,167 6.25%
Texas 15 39,391,983 6.00%
New Jersey 9 38,305,130 5.83%
Massachusetts 7 38,002,340 5.79%
Pennsylvania 4 27,660,427 4.21%
Tennessee 6 25,093,402 3.82%
Virginia 5 21,720,177 3.31%
Louisiana 6 20,117,001 3.06%
South Carolina 4 19,894,530 3.03%
Georgia 6 18,754,670 2.86%
Arizona 7 17,823,887 2.71%
Missouri 3 16,100,985 2.45%
Alabama 4 14,358,019 2.19%
Mississippi 4 14,003,011 2.13%
District of Columbia 2 13,676,167 2.08%
Oklahoma 3 13,440,469 2.05%
Indiana 2 11,721,126 1.79%
Connecticut 3 9,835,307 1.50%
Puerto Rico 1 9,518,086 1.45%
Utah 1 8,445,544 1.29%
Delaware 1 8,316,639 1.27%
Nevada 1 7,452,922 1.14%
Oregon 2 4,221,243 0.64%
Washington 2 4,159,333 0.63%
Kansas 1 3,677,275 0.56%
Ohio 1 3,565,015 0.54%
Various 1 2,577,530 0.39%
Other 9 12,997,118 1.98%
Total 158 656,544,372 100.00%
Distribution of Mortgage Interest Rates
Current
Mortgage Number Based
Interest of Scheduled on
Rate Loans Balance Balance
7.500%or less 0 0 0.00%
7.500%to 8.000% 1 7,452,922 1.14%
8.000%to 8.125% 1 29,878,421 4.55%
8.125%to 8.250% 2 7,059,699 1.08%
8.250%to 8.375% 12 38,685,859 5.89%
8.375%to 8.500% 19 86,607,718 13.19%
8.500%to 8.625% 27 102,405,149 15.60%
8.625%to 8.750% 24 95,593,973 14.56%
8.750%to 9.000% 30 121,079,298 18.44%
9.000%to 9.125% 15 63,830,551 9.72%
9.125%to 9.500% 22 80,659,352 12.29%
9.500%to 9.900% 1 1,543,638 0.24%
9.900%to 10.250% 3 13,851,033 2.11%
10.250%to 10.500% 0 0 0.00%
10.500%& Above 1 7,896,759 1.20%
Total 158 656,544,372 100.00%
W/Avg Mortgage Interest Rate is 8.7764%
Minimum Mortgage Interest Rate is 7.9400%
Maximum Mortgage Interest Rate is 10.5400%
Loan Seasoning
Number Based
of Scheduled on
Number of Years Loans Balance Balance
1 year or less 156 649,939,292 98.99%
1+ to 2 years 1 2,367,532 0.36%
2+ to 3 years 1 4,237,548 0.65%
3+ to 4 years 0 0 0.00%
4+ to 5 years 0 0 0.00%
5+ to 6 years 0 0 0.00%
6+ to 7 years 0 0 0.00%
7+ to 8 years 0 0 0.00%
8+ to 9 years 0 0 0.00%
9+ to 10 years 0 0 0.00%
10 years or more 0 0 0.00%
Total 158 656,544,372 100.00%
Weighted Average Seasoning is 0.6
Distribution of Amortization Type
Number Based
of Scheduled on
Amortization Type Loans Balance Balance
Amortizing Balloon 158 656,544,372 100.00%
Total 158 656,544,372 100.00%
Distribution of Remaining Term
Fully Amortizing Number Based
Fully Amortizing of Scheduled on
Mortgage Loans Loans Balance Balance
60 months or less 0 0 0.00%
61 to 120 months 0 0 0.00%
121 to 180 months 0 0 0.00%
181 to 240 months 0 0 0.00%
241 to 360 months 0 0 0.00%
Total 0 0 0.00%
Weighted Average Months to Maturity is NA
Distribution of Remaining Term
Balloon Loans
Number Based
Balloon of Scheduled on
Mortgage Loans Loans Balance Balance
12 months or less 0 0 0.00%
13 to 24 months 0 0 0.00%
25 to 36 months 0 0 0.00%
37 to 48 months 0 0 0.00%
49 to 60 months 2 6,089,893 0.93%
61 to 120 months 156 650,454,478 99.07%
121 to 180 months 0 0 0.00%
181 to 240 months 0 0 0.00%
Total 158 656,544,372 100.00%
Weighted Average Months to Maturity is 109
Distribution of DSCR
Number Based
Debt Service of Scheduled on
Coverage Ratio (1) Loans Balance Balance
1.000or less 5 26,119,579 3.98%
1.001to 1.125 1 1,945,311 0.30%
1.126to 1.250 9 59,579,096 9.07%
1.251to 1.375 29 122,611,887 18.68%
1.376to 1.500 34 152,954,143 23.30%
1.501to 1.625 29 121,746,508 18.54%
1.626to 1.750 15 43,628,513 6.65%
1.751to 1.875 11 39,168,091 5.97%
1.876to 2.000 4 14,198,967 2.16%
2.001to 2.125 2 4,284,581 0.65%
2.126to 2.250 1 7,896,759 1.20%
2.251to 2.375 2 3,565,698 0.54%
2.376to 2.500 0 0 0.00%
2.501to 2.625 0 0 0.00%
2.626& above 7 23,679,057 3.61%
Unknown 9 35,166,182 5.36%
Total 158 656,544,372 100.00%
Weighted Average Debt Service Coverage Ratio is 1.567
(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.
NOI Aging
Number Based
of Scheduled on
NOI Date Loans Balance Balance
1 year or less 158 656,544,372 100.00%
1 to 2 years 0 0 0.00%
2 Years or More 0 0 0.00%
Unknown 0 0 0.00%
Total 158 656,544,372 100.00%
