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: December 22, 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
December 22, 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: December 30, 1997
ABN AMRO
LaSalle National Bank
Administrator:
Harry Paik (800) 246-5761
135 S. LaSalle Street Suite 1625
Chicago, IL 60674-4107
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: 12/22/97
Payment Date: 12/22/97
Prior Payment: 11/20/97
Record Date: 11/28/97
0
WAC: 8.776253%
WAMM: 107
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 656,013,286.36 0.00
61910DCZ3 1000.000000000 996.260252879 0.000000000
A-1 108,659,000.00 106,196,466.94 555,464.72
61910DCK6 1000.000000000 977.337053903 5.111999190
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
658,541,673.58 656,079,140.52 555,464.72
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 0.00 655,457,821.64
61910DCZ3 0.000000000 0.000000000 995.416691576
A-1 0.00 0.00 105,641,002.22
61910DCK6 0.000000000 0.000000000 972.225054712
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 0.00 655,523,675.80
Total P&I Payment 5,237,517.73
Interest Interest Pass-Through
Class Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Next Rate (3)
X 725,389.94 0.00 1.32690595%
61910DCZ3 1.101619708 0.000000000 1.48143308%
A-1 633,107.94 0.00 7.15400000%
61910DCK6 5.826557763 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 32,927.07 0.00 6.00000000%
61910DCW0 4.999995004 0.000000000 Fixed
R-II 0.00 0.00
9ABSA548 0.000000000 0.000000000
4,682,053.01 0.00
REMIC I
Original pening Principal
Class Face Value (1) alance Payment
CUSIP Per $1,000 er $1,000 Per $1,000
A-1-Major 108,648,134.10 106,185,601.04 555,464.72
NONE 1000.000000000 977.334787381 5.112510441
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
658,541,673.58 656,079,140.52 555,464.72
Principal Negative Closing
Class Adj. or Loss Amortization Balance
CUSIP Per $1,000 Per $1,000 Per $1,000
A-1-Major 0.00 0.00 105,630,136.32
NONE 0.000000000 0.000000000 972.222276940
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 0.00 655,523,675.80
Total P&I Payment 5,237,517.73
Interest Interest Pass-Through
Class Payment Adjustment Rate (2)
CUSIP Per $1,000 Per $1,000 Next Rate (3)
A-1-Major 750,458.41 0.00 8.48090595%
NONE 6.907236983 0.000000000 8.63543308%
A-1-Minor 64.78 0.00 7.15400000%
NONE 5.961770309 0.000000000Fixed
A-2-Major 187,658.79 0.00 8.54990595%
NONE 7.124921520 0.000000000 8.70443308%
A-2-Minor 15.86 0.00 7.22300000%
NONE 6.021031851 0.000000000Fixed
A-3-Major 2,339,999.23 0.00 8.61490595%
NONE 7.179088302 0.000000000 8.76943308%
A-3-Minor 197.98 0.00 7.28800000%
NONE 6.073394180 0.000000000Fixed
B-Major 285,149.85 0.00 8.66090595%
NONE 7.217421521 0.000000000 8.81543308%
B-Minor 24.15 0.00 7.33400000%
NONE 6.111989877 0.000000000Fixed
C-Major 263,771.60 0.00 8.73990595%
NONE 7.283254962 0.000000000 8.89443308%
C-Minor 22.37 0.00 7.41300000%
NONE 6.176181244 0.000000000Fixed
D-Major 243,029.86 0.00 8.85790595%
NONE 7.381588142 0.000000000 9.01243308%
D-Minor 20.66 0.00 7.53100000%
NONE 6.274470168 0.000000000Fixed
E-Major 101,426.19 0.00 9.24190595%
NONE 7.701588323 0.000000000 9.39643308%
E-Minor 8.69 0.00 7.91500000%
NONE 6.597912220 0.000000000Fixed
F-Major 289,034.86 0.00 8.77890595%
NONE 7.315754923 0.000000000 8.93343308%
F-Minor 24.54 0.00 7.45200000%
NONE 6.210692819 0.000000000Fixed
G-Major 40,204.92 0.00 7.32690595%
NONE 6.105755642 0.000000000 7.48143308%
G-Minor 3.29 0.00 6.00000000%
NONE 4.995887883 0.000000000Fixed
H-Major 80,409.84 0.00 7.32690595%
NONE 6.105755178 0.000000000 7.48143308%
H-Minor 6.59 0.00 6.00000000%
NONE 5.003480038 0.000000000Fixed
J-Major 60,307.38 0.00 7.32690595%
NONE 6.105755023 0.000000000 7.48143308%
J-Minor 4.94 0.00 6.00000000%
NONE 5.000949067 0.000000000Fixed
K-Major 40,204.94 0.00 7.32690595%
NONE 6.105754433 0.000000000 7.48143308%
K-Minor 3.29 0.00 6.00000000%
NONE 4.995884090 0.000000000Fixed
R-I 0.00 0.00
9ABSA534 0.000000000 0.000000000
4,682,053.01 0.00
Other Related Information
Aggregate Pool Information
Beginning loan count: 158
Ending loan count: 158
Beginning scheduled balance of mortgage loans: 656,079,140.52
Less:
1. Scheduled principal received: 555,464.73
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: 655,523,675.80
Component Total Rate
Gross Interest: 4,798,263.88 8.776253%
Less:
1. Servicing fee : 113,477.20 0.208%
2. Special Servicing fee : 0.00 0.000%
3. Trustee fee : 2,733.66 0.005%
Remittance 4,682,053.01 8.563698%
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: 4,682,053.01
Current prin.distribution amt.: 555,464.72
Available distribution amount for
the current distribution date: 5,237,517.73
(1)Does not include prepayment premiums or other
penalty related interest
Accrued Net
Certificate Prepayment Prepayment
Class Interest Int. Shortfalls Premiums
X 725,389.94 0.00 0.00
A-1 633,107.94 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 32,927.07 0.00 0.00
Totals: 4,682,053.01 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 725,389.94
A-1 633,107.94
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 32,927.07
Totals: 4,682,053.01
Servicing Compensation
Type of Master Sub
Compensation Servicer Servicer
Current Accrued Fees: 113,477.20 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: 113,477.20 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**
Total 0.00 0.00
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
Total 0.00 0
Disclosure
Doc Foreclosure Bankruptcy REO
Control # Date Date Date
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 12/31/96NY
C003 1.400 12/31/96PR
C008 1.360 12/31/96CA
C009 0.000 12/31/96MA
C012 1.400 12/31/96NC
C013 1.300 12/31/96AL
C014 1.570 12/31/96PA
C016 1.400 12/31/96FL
C017 1.280 12/31/96MS
C018 1.400 12/31/96FL
C019 1.330 12/31/96AZ
C020 0.000 12/31/96OK
C024 1.560 12/31/96TN
C028 1.840 12/31/96OH
C029 1.420 12/31/96TX
C030 1.500 12/31/96TX
C032 1.700 12/31/96AZ
C034 1.310 12/31/96NY
C038 1.330 12/31/96CA
C039 1.480 12/31/96IN
C040 7.000 12/31/96VV
C043 1.240 12/31/96FL
C044 1.430 12/31/96AL
C052 1.700 12/31/96AZ
C053 1.750 12/31/96TX
C055 1.780 12/31/96TX
C056 1.210 12/31/96CT
C057 1.310 12/31/96MN
C061 1.500 12/31/96DE
C062 1.570 12/31/96NV
C063 1.370 12/31/96PA
C064 1.430 12/31/96NJ
C065 1.270 12/31/96NC
C066 1.370 12/31/96FL
C067 0.960 12/31/96CA
C068 1.240 12/31/96NC
C072 1.420 12/31/96NJ
C074 1.490 12/31/96FL
C075 1.540 12/31/96LA
C076 1.280 12/31/96MS
C077 1.330 12/31/96TN
C081 1.530 12/31/96KS
C082 1.700 12/31/96TX
C084 1.610 12/31/96NJ
C085 1.250 12/31/96NC
C087 0.850 12/31/96AZ
C088 1.530 12/31/96NJ
C090 1.300 12/31/96SC
C099 9.000 12/31/96VA
C101 1.830 12/31/96MI
C102 1.380 12/31/96TX
C103 8.000 12/31/96TX
C105 1.080 12/31/96AZ
C107 2.290 12/31/96GA
C109 1.570 12/31/96AZ
C112 1.550 12/31/96TX
C117 1.930 12/31/96NY
C118 2.120 12/31/96NJ
C119 1.170 12/31/96TN
C121 1.400 12/31/96VA
C124 0.000 12/31/96FL
C125 0.000 12/31/96NY
C126 0.000 12/31/96NH
C127 0.000 12/31/96NH
C147 1.470 12/31/96NC
C148 1.400 12/31/96DC
C149 1.620 12/31/96CT
C151 1.780 12/31/96NJ
C155 1.470 12/31/96CA
C157 1.340 12/31/96NJ
C158 0.000 12/31/96IL
N002 0.000 12/31/96MA
N004 1.370 12/31/96SC
N005 1.420 12/31/96IN
N006 0.520 12/31/96CA
N007 1.350 12/31/96VA
N010 1.370 12/31/96VA
N011 1.380 12/31/96FL
N015 1.610 12/31/96OK
N021 1.520 12/31/96TX
N022 1.630 12/31/96MA
N023 1.520 12/31/96MA
N025 1.550 12/31/96NC
N026 1.600 12/31/96DC
N027 1.490 12/31/96TX
N031 1.680 12/31/96FL
N033 1.310 12/31/96AL
N035 1.840 12/31/96OK
N036 1.930 12/31/96GA
N037 1.820 12/31/96LA
N041 1.430 12/31/96FL
N042 1.330 12/31/96VA
N045 1.480 12/31/96KY
N046 1.480 12/31/96FL
N047 1.270 12/31/96NC
N048 1.510 12/31/96SC
N049 1.740 12/31/96TN
N050 1.470 12/31/96NC
N051 1.330 12/31/96MA
N054 1.320 12/31/96MA
N058 1.540 12/31/96PA
N059 1.380 12/31/96MO
N060 0.500 12/31/96UT
N069 1.570 12/31/96NJ
N070 1.300 12/31/96MO
N071 1.230 12/31/96LA
N073 1.590 12/31/96FL
N078 1.170 12/31/96TX
N079 1.450 12/31/96NY
N080 1.650 12/31/96LA
N083 1.750 12/31/96LA
N086 1.430 12/31/96CA
N089 1.530 12/31/96TX
N091 1.380 12/31/96OR
N092 1.370 12/31/96WA
N093 1.580 12/31/96CO
N094 1.860 12/31/96GA
N095 1.300 12/31/96MO
N096 1.470 12/31/96MS
N097 1.330 12/31/96NY
N098 1.440 12/31/96CA
N100 1.310 12/31/96FL
N104 1.680 12/31/96TX
N106 1.480 12/31/96MD
N108 1.800 12/31/96NY
N110 1.540 12/31/96MA
N111 1.640 12/31/96OR
N113 1.300 12/31/96WA
N114 1.750 12/31/96AZ
N115 1.750 12/31/96LA
N116 1.580 12/31/96TX
N120 1.400 12/31/96GA
N122 1.520 12/31/96NM
N123 1.740 12/31/96GA
N128 1.620 12/31/96CA
N129 2.700 12/31/96NJ
N130 1.930 12/31/96FL
N131 3.130 12/31/96FL
N132 2.680 12/31/96PA
N133 1.310 12/31/96CA
N134 1.450 12/31/96CA
N135 1.500 12/31/96CA
N136 1.760 12/31/96FL
N137 1.620 12/31/96CA
N138 2.960 12/31/96FL
N139 1.510 12/31/96CA
N140 1.830 12/31/96TN
N141 1.710 12/31/96GA
N142 1.860 12/31/96NY
N143 2.230 12/31/96FL
N144 1.940 12/31/96SC
N145 1.570 12/31/96TN
N146 2.280 12/31/96MS
N150 2.010 12/31/96AL
N152 0.380 12/31/96CT
N153 1.540 12/31/96CA
N154 1.150 12/31/96CA
N156 0.000 12/31/96TX
Ending
Disclosure Principal Note Scheduled
Control # Balance Rate P&I
C001 29,836,799 8.050% 221,176
C003 9,499,139 8.810% 79,318
C008 7,710,898 9.020% 62,470
C009 7,373,109 8.920% 62,113
C012 6,364,318 8.530% 49,347
C013 6,221,730 8.960% 50,109
C014 6,178,390 8.270% 49,362
C016 5,968,911 8.890% 47,803
C017 5,667,793 9.000% 45,863
C018 5,073,574 8.890% 40,633
C019 4,870,955 9.020% 39,416
C020 4,550,964 8.720% 37,725
C024 4,169,682 9.090% 35,505
C028 3,557,710 8.680% 29,426
C029 3,314,690 8.790% 27,633
C030 3,302,504 9.360% 28,706
C032 3,113,394 9.250% 25,709
C034 2,875,535 8.880% 24,099
C038 2,639,851 9.020% 22,374
C039 2,578,350 8.960% 21,748
C040 2,572,821 9.400% 22,536
C043 2,457,318 8.780% 19,524
C044 2,213,940 8.960% 17,831
C052 1,633,244 9.020% 13,869
C053 1,564,242 9.280% 14,575
C055 1,290,889 9.270% 11,151
C056 1,109,684 8.570% 9,441
C057 1,042,617 9.250% 8,992
C061 8,299,244 8.550% 67,922
C062 7,442,075 7.940% 54,719
C063 7,269,764 8.720% 57,273
C064 6,534,134 8.960% 52,595
C065 6,119,445 8.500% 47,288
C066 6,018,831 8.540% 46,621
C067 5,320,592 8.600% 41,517
C068 4,875,655 8.500% 37,677
C072 4,480,938 8.610% 34,953
C074 4,329,221 8.390% 33,185
C075 4,229,016 9.930% 39,314
C076 4,176,250 8.460% 32,175
C077 4,102,690 8.650% 32,118
C081 3,672,532 8.590% 28,686
C082 3,475,539 8.440% 26,763
C084 3,305,851 8.580% 25,716
C085 3,233,853 8.500% 24,990
C087 2,980,504 8.310% 22,665
C088 2,967,581 8.690% 23,316
C090 2,779,873 8.300% 21,134
C099 2,255,796 9.340% 19,577
C101 2,123,374 8.350% 17,096
C102 2,077,140 8.590% 17,037
C103 2,020,415 8.750% 15,970
C105 1,942,917 8.590% 15,118
C107 1,881,861 8.790% 15,672
C109 1,692,930 8.700% 13,313
C112 1,589,217 8.620% 12,439
C117 1,386,262 8.620% 11,387
C118 1,274,477 8.530% 10,414
C119 1,274,622 8.650% 9,978
C121 1,196,730 9.340% 10,386
C124 989,149 8.610% 8,127
C125 940,678 8.620% 7,727
C126 915,282 8.810% 7,643
C127 247,373 8.810% 2,066
C147 12,657,049 8.680% 99,668
C148 9,725,461 8.770% 80,703
C149 7,714,546 8.550% 63,071
C151 1,541,021 9.590% 13,639
C155 4,090,930 8.800% 36,807
C157 6,339,999 8.570% 51,918
C158 845,562 9.150% 7,821
N002 17,171,871 8.395% 131,356
N004 9,459,832 8.630% 73,924
N005 9,122,903 9.060% 77,584
N006 8,361,128 8.320% 63,520
N007 8,352,225 8.670% 65,603
N010 7,379,877 8.410% 56,619
N011 6,929,823 8.530% 56,507
N015 6,009,438 8.700% 49,534
N021 4,550,359 8.540% 37,165
N022 4,467,205 8.800% 37,149
N023 4,279,389 8.550% 34,871
N025 3,931,654 9.250% 33,872
N026 3,925,366 9.050% 33,284
N027 3,861,847 8.660% 31,825
N031 3,179,537 8.930% 26,701
N033 2,900,350 9.030% 24,607
N035 2,855,528 8.650% 23,442
N036 2,776,359 9.020% 23,536
N037 2,706,916 8.750% 22,403
N041 2,527,322 8.520% 20,608
N042 2,508,954 8.960% 21,121
N045 2,181,355 9.000% 18,462
N046 2,101,946 8.800% 17,506
N047 2,096,226 8.680% 17,290
N048 2,076,304 8.995% 18,887
N049 2,081,527 8.800% 17,336
N050 1,724,888 8.650% 14,160
N051 1,633,206 8.700% 14,573
N054 1,325,314 8.700% 11,825
N058 10,454,941 8.580% 81,332
N059 8,929,042 8.410% 68,324
N060 8,437,395 8.890% 67,673
N069 4,781,801 8.690% 37,556
N070 4,673,795 8.410% 35,763
N071 4,568,635 8.220% 34,461
N073 4,375,853 8.730% 34,543
N078 3,980,255 8.465% 30,642
N079 3,976,208 8.495% 30,742
N080 3,814,680 8.350% 29,119
N083 3,338,838 8.350% 25,487
N086 3,088,449 8.750% 24,388
N089 2,829,030 8.625% 22,089
N091 2,628,368 8.490% 20,281
N092 2,585,446 8.460% 19,918
N093 2,490,846 8.810% 19,775
N094 2,482,998 8.230% 18,747
N095 2,481,397 8.410% 18,987
N096 2,464,193 8.480% 19,034
N097 2,364,582 8.924% 19,076
N098 2,339,063 8.300% 17,737
N100 2,130,210 8.360% 16,243
N104 1,992,219 8.600% 15,520
N106 1,937,959 8.600% 15,132
N108 1,839,314 8.610% 14,369
N110 1,693,592 8.710% 13,325
N111 1,587,202 8.350% 12,722
N113 1,569,457 8.432% 12,065
N114 1,567,711 8.320% 11,910
N115 1,431,038 8.315% 10,884
N116 1,402,600 8.640% 11,514
N120 1,267,397 8.485% 9,790
N122 1,191,255 8.800% 9,907
N123 1,192,844 8.485% 9,214
N128 8,884,350 9.420% 77,786
N129 7,023,621 9.040% 59,778
N130 4,462,360 9.070% 37,980
N131 3,966,543 9.070% 33,760
N132 3,718,456 9.040% 31,573
N133 3,153,151 9.420% 27,607
N134 3,024,249 9.420% 26,478
N135 2,905,262 9.420% 25,437
N136 2,726,998 9.070% 23,210
N137 2,354,948 9.420% 20,618
N138 2,082,435 9.070% 17,724
N139 1,492,293 9.420% 13,066
N140 10,046,114 9.460% 94,811
N141 9,114,093 9.250% 84,260
N142 7,913,304 9.990% 77,149
N143 7,877,545 10.540% 80,085
N144 5,550,795 9.275% 47,917
N145 3,367,601 9.460% 29,515
N146 1,675,932 9.990% 16,298
N150 3,002,341 8.930% 25,287
N152 990,426 9.150% 8,495
N153 8,507,093 9.300% 73,516
N154 8,149,560 9.000% 74,160
N156 2,077,512 8.580% 17,023
655,523,675.80
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
N048 0
N049 0
N050 0
N051 0
N054 0
N058 0
N059 0
N060 0
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
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
N123 0
N128 0
N129 0
N130 0
N131 0
N132 0
N133 0
N134 0
N135 0
N136 0
N137 0
N138 0
N139 0
N140 0
N141 0
N142 0
N143 0
N144 0
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
12/22/97 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
11/20/97 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
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%
07/18/97 - 06:31 (A534-A548) 1997 LaSalle National Bank
Foreclosure/
Distribution Bankruptcy REO Modifications
Date # Balance # Balance # Balance
12/22/97 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
11/20/97 0 0 0 0 0 0
0.00% 0.000% 0.00% 0.000% 0.00% 0.000%
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%
Distribution Prepayments Curr Weighted Avg.
Date # Balance Coupon Remit
12/22/97 0 0 8.7763% 8.5637%
0.00% 0.000%
11/20/97 0 0 8.9350% 8.7184%
0.00% 0.000%
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%
Distribution of Principal Balances
Current Number Based
Scheduled of Scheduled on
Balances Loans Balance Balance
$0to $999,999 6 4,928,469.99 0.75%
$1,000,000to $1,249,999 5 5,733,129.46 0.87%
$1,250,000to $1,499,999 9 12,144,892.78 1.85%
$1,500,000to $1,999,999 17 29,066,911.87 4.43%
$2,000,000to $2,499,999 21 46,953,524.35 7.16%
$2,500,000to $2,999,999 18 49,345,047.75 7.53%
$3,000,000to $3,499,999 13 41,899,996.38 6.39%
$3,500,000to $3,999,999 10 38,405,250.41 5.86%
$4,000,000to $4,499,999 11 47,163,533.85 7.19%
$4,500,000to $4,999,999 7 32,872,166.00 5.01%
$5,000,000to $5,999,999 5 27,581,665.57 4.21%
$6,000,000to $6,999,999 9 56,716,107.87 8.65%
$7,000,000to $7,499,999 5 36,488,446.43 5.57%
$7,500,000to $8,499,999 9 72,815,846.01 11.11%
$8,500,000to $9,999,999 8 73,241,913.29 11.17%
$10,000,000to $12,499,999 2 20,501,054.70 3.13%
$12,500,000to $14,999,999 1 12,657,049.37 1.93%
$15,000,000to $17,999,999 1 17,171,870.72 2.62%
$18,000,000to $19,999,999 0 0.00 0.00%
$20,000,000& Above 1 29,836,799.00 4.55%
Total 158 655,523,675.80 100.00%
Average Scheduled Balance is 4,148,884
Maximum Scheduled Balance is 29,836,799
Minimum Scheduled Balance is 247,373
Distribution of Property Types
Number Based
of Scheduled on
Property Types Loans Balance Balance
Retail 56 241,394,901.61 36.82%
Multifamily 67 218,636,975.92 33.35%
Health Care 12 45,794,666.21 6.99%
Lodging 7 45,545,383.78 6.95%
Office 6 35,630,844.22 5.44%
Other 1 29,836,799.00 4.55%
Industrial 4 22,825,094.41 3.48%
Mobile Home 3 8,673,449.76 1.32%
Mixed Use 1 6,339,999.29 0.97%
Self Storage 1 845,561.60 0.13%
Total 158 655,523,675.80 100.00%
Geographic Distribution
Number Based
of Scheduled on
Geographic Location Loans Balance Balance
California 15 72,021,817 10.99%
Florida 17 67,197,577 10.25%
New York 8 51,132,683 7.80%
North Carolina 8 41,003,089 6.26%
Texas 15 39,328,458 6.00%
New Jersey 9 38,249,424 5.83%
Massachusetts 7 37,943,685 5.79%
Pennsylvania 4 27,621,551 4.21%
Tennessee 6 25,042,236 3.82%
Virginia 5 21,693,582 3.31%
Louisiana 6 20,089,123 3.06%
South Carolina 4 19,866,804 3.03%
Georgia 6 18,715,552 2.86%
Arizona 7 17,801,655 2.72%
Missouri 3 16,084,234 2.45%
Alabama 4 14,338,361 2.19%
Mississippi 4 13,984,167 2.13%
District of Columbia 2 13,650,827 2.08%
Oklahoma 3 13,415,929 2.05%
Indiana 2 11,701,253 1.79%
Connecticut 3 9,814,655 1.50%
Puerto Rico 1 9,499,139 1.45%
Utah 1 8,437,395 1.29%
Delaware 1 8,299,244 1.27%
Nevada 1 7,442,075 1.14%
Oregon 2 4,215,570 0.64%
Washington 2 4,154,903 0.63%
Kansas 1 3,672,532 0.56%
Ohio 1 3,557,710 0.54%
Various 1 2,572,821 0.39%
Other 9 12,975,623 1.98%
Total 158 655,523,676 100.00%
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 7,442,075 1.14%
8.000%to 8.125% 1 29,836,799 4.55%
8.125%to 8.250% 2 7,051,633 1.08%
8.250%to 8.375% 12 38,632,010 5.89%
8.375%to 8.500% 19 86,510,112 13.20%
8.500%to 8.625% 27 102,244,244 15.60%
8.625%to 8.750% 24 95,461,440 14.56%
8.750%to 9.000% 30 120,871,938 18.44%
9.000%to 9.125% 15 63,730,022 9.72%
9.125%to 9.500% 22 80,506,583 12.28%
9.500%to 9.900% 1 1,541,021 0.24%
9.900%to 10.250% 3 13,818,252 2.11%
10.250%to 10.500% 0 0 0.00%
10.500%& Above 1 7,877,545 1.20%
Total 158 655,523,676 100.00%
W/Avg Mortgage Interest Rate is 8.7763%
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 153 625,591,516 95.43%
1+ to 2 years 4 25,703,144 3.92%
2+ to 3 years 1 4,229,016 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 158 655,523,676 100.00%
Weighted Average Seasoning is 0.8
Distribution of Amortization Type
Number Based
of Scheduled on
Amortization Type Loans Balance Balance
Amortizing Balloon 158 655,523,676 100.00%
Total 158 655,523,676 100.00%
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 6,079,887 0.93%
61 to 120 months 156 649,443,789 99.07%
121 to 180 months 0 0 0.00%
181 to 240 months 0 0 0.00%
Total 158 655,523,676 100.00%
Weighted Average Months to Maturity is 107
Distribution of DSCR
Number Based
Debt Service of Scheduled on
Coverage Ratio (1) Loans Balance Balance
1.000or less 5 26,090,045 3.98%
1.001to 1.125 1 1,942,917 0.30%
1.126to 1.250 9 59,486,382 9.07%
1.251to 1.375 29 122,450,254 18.68%
1.376to 1.500 34 152,716,548 23.30%
1.501to 1.625 29 121,560,531 18.54%
1.626to 1.750 15 43,553,314 6.64%
1.751to 1.875 11 39,084,166 5.96%
1.876to 2.000 4 14,175,776 2.16%
2.001to 2.125 2 4,276,818 0.65%
2.126to 2.250 1 7,877,545 1.20%
2.251to 2.375 2 3,557,793 0.54%
2.376to 2.500 0 0 0.00%
2.501to 2.625 0 0 0.00%
2.626& above 7 23,640,087 3.61%
Unknown 9 35,111,499 5.36%
Total 158 655,523,676 100.00%
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 0 0 0.00%
1 to 2 years 158 655,523,676 100.00%
2 Years or More 0 0 0.00%
Unknown 0 0 0.00%
Total 158 655,523,676 100.00%
