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: April 10, 1997
CHASE COMMERCIAL MORTGAGE SECURITIES CORP.
(formerly known as "Chemical Commercial Mortgage Securities Corp.")
-------------------------------------------------------------------
(Exact Name of Registrant)
New York 333-05271 13-3728743
-------------- ------------- ------------------
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
380 Madison Avenue, New York 10017-2951
Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 622-3510
<PAGE>
Item 5. Other Events.
On or 1/21/97, 2/18/97 and 3/18/97, Chase Commercial Mortgage Securities
Corp. (the "Depositor") made the distributions to holders of its Mortgage
Pass-Through Certificates, Series 1996-1 and Series 1996-2 contemplated by the
Pooling and Servicing Agreement dated as of July 1, 1996 and the Pooling and
Servicing Agreement dated as of December 1, 1996 (collectively, the "Pooling
and Servicing Agreements") among the Depositor, The Chase Manhattan Bank,
as Servicer, Lennar Partners Inc., as Special Servicer, LaSalle National Bank,
as Trustee and ABN Amro Bank N.V., as Fiscal Agent.
Copies of the Certificateholders' Reports with respect to such
distributions delivered pursuant to Section 4.02 of the Pooling and Servicing
Agreements are being filed as exhibits to this Current Report on Form 8-K.
Item 7(c). Exhibits
Exhibits Description
-------- -----------
20.1 Monthly Reports with respect to the January 21,
1997 distribution
20.2 Monthly Reports with respect to the February 18,
1997 distribution
20.3 Monthly Reports with respect to the March 18,
1997 distribution
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: April 10, 1997
THE CHASE MANHATTAN BANK,
as Paying Agent, on behalf of
Chase Commercial Mortgage
Securities Corp.
By: /s/ Norma Catone
-------------------
Name: Norma Catone
Title: Second Vice President
<PAGE>
INDEX TO EXHIBITS
-----------------
Exhibit No. Description
----------- -----------
20.1 Monthly Reports with respect to the
distribution to Certificateholders on
January 21, 1997
20.2 Monthly Reports with respect to the
distribution to Certificateholders on
February 18, 1997
20.3 Monthly Reports with respect to the
distribution to Certificateholders on
March 18, 1997
Exhibit 20.1
------------
<TABLE>
<CAPTION>
RUN DATE:01/15/97 15:17:09 Chase Commercial Mortgage Securities Corp.
DIST. DATE: 21-JAN-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 31-DEC-1996
Series 1996-1
Monthly Certificate Holders Report
CLAS CUSIP BEG. BALANCE PRIN. DIST. INT. DIST. PREP PENAL COLL DEFICIT TOTAL DIST END BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 161505AA0 187,999,942.70 408,586.93 1,190,666.30 0.00 0.00 1,599,253.23 187,591,355.77
A2 161505AB8 123,421,002.00 0.00 781,666.35 0.00 0.00 781,666.35 123,421,002.00
B 161505AE2 26,589,563.00 0.00 168,400.57 0.00 0.00 168,400.57 26,589,563.00
C 161505AF9 22,157,969.00 0.00 140,333.80 0.00 0.00 140,333.80 22,157,969.00
D 161505AG7 15,510,578.00 0.00 98,233.66 0.00 0.00 98,233.66 15,510,578.00
E 161505AH5 11,078,984.00 0.00 70,166.90 0.00 0.00 70,166.90 11,078,984.00
F 161505AJ1 24,373,766.00 0.00 154,367.18 0.00 0.00 154,367.18 24,373,766.00
G 161505AK8 17,726,375.00 0.00 112,267.04 0.00 0.00 112,267.04 17,726,375.00
H 161505AL6 11,078,984.00 0.00 70,178.29 0.00 0.00 70,178.29 11,078,984.00
P 161505AC6 1,214,748.81 1,508.31 0.00 0.00 0.00 1,508.31 1,213,240.50
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00
X 161505AD4 441,151,915.04 0.00 301,711.15 0.00 0.00 301,711.15 440,741,819.80
TOTAL: 441,151,912.51 410,095.24 3,087,991.24 0.00 0.00 3,498,086.48 440,741,817.27
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
RUN DATE:01/15/97 15:17:09 Chase Commercial Mortgage Securities Corp.
DIST. DATE: 21-JAN-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 31-DEC-1996
Series 1996-1
Monthly Certificate Holders Report
CLAS CUSIP ACCR INT PRIN FACTOR INT FACTOR E. BAL FACTOR CURR RATE NEXT RATE
<S> <C> <C> <C> <C> <C> <C> <C>
A1 161505A 1,190,666.30 2.15045753 6.26666474 987.32292511 7.60000 7.60000
A2 161505A 781,666.35 0.00000000 6.33333337 1,000.00000000 7.60000 7.60000
P 161505A 0.00 1.23414071 0.00000000 992.70672927 0.00000 0.00000
B 161505A 168,400.57 0.00000000 6.33333350 1,000.00000000 7.60000 7.60000
C 161505A 140,333.80 0.00000000 6.33333317 1,000.00000000 7.60000 7.60000
D 161505A 98,233.66 0.00000000 6.33333329 1,000.00000000 7.60000 7.60000
E 161505A 70,166.90 0.00000000 6.33333345 1,000.00000000 7.60000 7.60000
F 161505A 154,367.18 0.00000000 6.33333314 1,000.00000000 7.60000 7.60000
G 161505A 112,267.04 0.00000000 6.33333324 1,000.00000000 7.60000 7.60000
H 161505A 70,166.90 0.00000000 6.33436153 1,000.00000000 7.60000 7.60000
R 0.00 0.00000000 0.00000000 0.00000000 0.00000 0.00000
X 161505A 301,711.15 0.00000000 0.68081861 994.54472171 0.82070 0.82070
TOTAL: 3,087,979.85
</TABLE>
<PAGE>
RUN DATE:01/15/97 15:17:10 Chase Commercial Mortgage Securities Corp.
DIST. DATE: 21-JAN-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 31-DEC-1996
Series 1996-1
Monthly Certificate Holders Report
P & I Advances 109,510.69
Servicing Compensation 49,396.78
Beginning Balance(Mortgage Loans) 441,151,915.04
Ending Balance(Mortgage Loans) 440,741,819.80
Beginning Balance(REO Loans) 0.00
Ending Balance(REO Loans) 0.00
Aggregate Number of Mortgage Loans 87
Aggregate Mortgage Principal Balance 440,741,819.80
Weighted Average Remaining Term to Maturity 107.71
Weighted Average Mortgage Rate 8.53414%
# of Loans Delinquent(1 month) 1
Balance of Loans Delinquent(1 month) 3,073,289.85
# of Loans Delinquent(2 month) 0
Balance of Loans Delinquent(2 month) 0.00
# of Loans Delinquent(3 month) 0
Balance of Loans Delinquent(3 month) 0.00
# of Loans Delinquent(In Foreclosure) 0
Balance of Loans Delinquent(In Foreclosure) 0.00
Appraisal Value of REO Property 0.00
Available Distribution Amount 3,497,219.03
Scheduled Principal Distribution Amount 410,095.24
Unscheduled Principal Distribution Amount 0.00
<PAGE>
<TABLE>
<CAPTION>
RUN DATE:01/17/97 14:48:36 Chase Commercial Mortgage Securities Corp.
DIST. DATE: 21-JAN-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 31-DEC-1996
Series 1996-2
Monthly Certificate Holders Report
CLAS CUSIP BEG. BALANCE PRIN. DIST. INT. DIST. PREP PENAL COLL DEFICIT TOTAL DIST END BALANCE
<S> <C> <C> <C> <C> <C> <C> <C>
A-1 161505AN2 53,977,671.00 148,093.21 301,375.33 0.00 0.00 449,468.54 53,829,577.79
A-2 161505AP7 128,080,472.00 0.00 736,462.71 0.00 0.00 736,462.71 128,080,472.00
B 161505AQ5 17,027,021.00 0.00 97,905.37 0.00 0.00 97,905.37 17,027,021.00
C 161505AR3 15,717,250.00 0.00 90,374.19 0.00 0.00 90,374.19 15,717,250.00
D 161505AS1 13,097,708.00 0.00 75,311.82 0.00 0.00 75,311.82 13,097,708.00
E 161505AT9 5,239,083.00 0.00 30,124.73 0.00 0.00 30,124.73 5,239,083.00
F 161505AV4 13,097,708.00 0.00 75,311.82 0.00 0.00 75,311.82 13,097,708.00
G 161505AW2 9,168,396.00 0.00 52,718.28 0.00 0.00 52,718.28 9,168,396.00
H 161505AX0 6,548,854.00 0.00 37,655.91 0.00 0.00 37,655.91 6,548,854.00
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00
X 161505AU6 261,954,164.64 0.00 320,029.84 0.00 0.00 320,029.84 261,806,071.43
TOTAL: 261,954,163.00 148,093.21 1,817,270.00 0.00 0.00 1,965,363.21 261,806,069.79
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
RUN DATE:01/17/97 14:48:36 Chase Commercial Mortgage Securities Corp.
DIST. DATE: 21-JAN-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 31-DEC-1996
Series 1996-2
Monthly Certificate Holders Report
CLAS CUSIP ACCR INT APPR RED AMT UNPAID INT PRIN FACTOR INT FACTOR E. BAL FACTOR CURR RATE NEXT RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A-1 161505A 301,375.33 0.00 0.00 2.74360133 5.58333334 997.25639867 6.70000 6.70000
A-2 161505A 736,462.71 0.00 0.00 0.00000000 5.74999997 1,000.00000000 6.90000 6.90000
B 161505A 97,905.37 0.00 0.00 0.00000000 5.74999996 1,000.00000000 6.90000 6.90000
C 161505A 90,374.19 0.00 0.00 0.00000000 5.75000016 1,000.00000000 6.90000 6.90000
D 161505A 75,311.82 0.00 0.00 0.00000000 5.74999992 1,000.00000000 6.90000 6.90000
E 161505A 30,124.73 0.00 0.00 0.00000000 5.75000052 1,000.00000000 6.90000 6.90000
F 161505A 75,311.82 0.00 0.00 0.00000000 5.74999992 1,000.00000000 6.90000 6.90000
G 161505A 52,718.28 0.00 0.00 0.00000000 5.75000033 1,000.00000000 6.90000 6.90000
H 161505A 37,655.91 0.00 0.00 0.00000000 5.74999992 1,000.00000000 6.90000 6.90000
R 0.00 0.00 0.00 0.00000000 0.00000000 0.00000000 0.00000 0.00000
X 161505A 0.00 0.00 0.00 0.00000000 1.22170167 999.43466228 1.46604 1.46606
TOTAL: 1,497,240.16 0.00 0.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
RUN DATE:01/17/97 14:48:38 Chase Commercial Mortgage Securities Corp.
DIST. DATE: 21-JAN-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 31-DEC-1996
Series 1996-2
Monthly Certificate Holders Report
<S> <C>
P & I Advances 26,922.25
Servicing Compensation 21,226.54
Trustee Compensation 1,877.39
Beginning Balance(Mortgage Loans) 261,954,164.64
Ending Balance(Mortgage Loans) 261,806,071.43
Beginning Balance(REO Loans) 0.00
Ending Balance(REO Loans) 0.00
Aggregate Number of Mortgage Loans 96
Aggregate Mortgage Principal Balance 261,806,071.43
Weighted Average Remaining Term to Maturity 107.06
Weighted Average Mortgage Rate 8.43231%
# of Loans Delinquent(1 month) 0
Balance of Loans Delinquent(1 month) 0.00
# of Loans Delinquent(2 month) 0
Balance of Loans Delinquent(2 month) 0.00
# of Loans Delinquent(3 month) 0
Balance of Loans Delinquent(3 month) 0.00
# of Loans Delinquent(In Foreclosure) 0
Balance of Loans Delinquent(In Foreclosure) 0.00
Appraisal Value of REO Property 0.00
Available Distribution Amount 1,965,362.21
Scheduled Principal Distribution Amount 148,093.21
Unscheduled Principal Distribution Amount 0.00
</TABLE>
Exhibit 20.2
------------
Chase Commercial Mortgage Securities Corp.
DIST. DATE: 18-FEB-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 31-JAN-1997
Series 1996-1
Monthly Certificate Holders Report
<TABLE>
<CAPTION>
CLAS CUSIP BEG. BALANCE PRIN. DIST. INT. DIST. PREP PENAL COLL DEFICIT TOTAL DIST END BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 161505AA0 187,591,355.77 411,493.96 1,188,078.59 0.00 0.00 1,599,572.55 187,179,861.81
A2 161505AB8 123,421,002.00 0.00 781,666.35 0.00 0.00 781,666.35 123,421,002.00
B 161505AE2 26,589,563.00 0.00 168,400.57 0.00 0.00 168,400.57 26,589,563.00
C 161505AF9 22,157,969.00 0.00 140,333.80 0.00 0.00 140,333.80 22,157,969.00
D 161505AG7 15,510,578.00 0.00 98,233.66 0.00 0.00 98,233.66 15,510,578.00
E 161505AH5 11,078,984.00 0.00 70,166.90 0.00 0.00 70,166.90 11,078,984.00
F 161505AJ1 24,373,766.00 0.00 154,367.18 0.00 0.00 154,367.18 24,373,766.00
G 161505AK8 17,726,375.00 0.00 112,267.04 0.00 0.00 112,267.04 17,726,375.00
H 161505AL6 11,078,984.00 0.00 69,234.80 0.00 0.00 69,234.80 11,078,984.00
P 161505AC6 1,213,240.50 1,517.54 0.00 0.00 0.00 1,517.54 1,211,722.96
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00
X 161505AD4 440,741,819.80 0.00 301,430.68 0.00 0.00 301,430.68 440,328,808.30
TOTAL: 440,741,817.27 413,011.50 3,084,179.57 0.00 0.00 3,497,191.07 440,328,805.77
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
RUN DATE:02/18/97 12:46:01 Chase Commercial Mortgage Securities Corp. Page 2
DIST. DATE: 18-FEB-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 31-JAN-1997
Series 1996-1
Monthly Certificate Holders Report
CLAS CUSIP ACCR INT APPR RED AMT UNPAID INT PRIN FACTOR INT FACTOR E. BAL FACTOR CURR RATE NEXT RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A1 161505AA0 1,188,078.59 0.00 0.00 2.16575768 6.25304521 985.15716742 7.60000 7.60000
A2 161505AB8 781,666.35 0.00 0.00 0.00000000 6.33333337 1,000.00000000 7.60000 7.60000
P 161505AC6 0.00 0.00 0.00 1.24169295 0.00000000 991.46503632 0.00000 0.00000
B 161505AE2 168,400.57 0.00 0.00 0.00000000 6.33333350 1,000.00000000 7.60000 7.60000
C 161505AF9 140,333.80 0.00 0.00 0.00000000 6.33333317 1,000.00000000 7.60000 7.60000
D 161505AG7 98,233.66 0.00 0.00 0.00000000 6.33333329 1,000.00000000 7.60000 7.60000
E 161505AH5 70,166.90 0.00 0.00 0.00000000 6.33333345 1,000.00000000 7.60000 7.60000
F 161505AJ1 154,367.18 0.00 0.00 0.00000000 6.33333314 1,000.00000000 7.60000 7.60000
G 161505AK8 112,267.04 0.00 0.00 0.00000000 6.33333324 1,000.00000000 7.60000 7.60000
H 161505AL6 70,166.90 0.00 856.06 0.00000000 6.24920119 1,000.00000000 7.60000 7.60000
R 0.00 0.00 0.00 0.00000000 0.00000000 0.00000000 0.00000 0.00000
X 161505AD4 301,430.68 0.00 0.00 0.00000000 0.68018572 993.61275114 0.82070 0.82069
TOTAL: 3,085,111.67 0.00 856.06
</TABLE>
<PAGE>
RUN DATE:02/14/97 17:43:25 Chase Commercial Mortgage Securities Corp.
DIST. DATE: 18-FEB-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 31-JAN-1997
Series 1996-1
Monthly Certificate Holders Report
P & I Advances 25,210.49
Servicing Compensation 51,239.94
Beginning Balance(Mortgage Loans) 440,741,819.80
Ending Balance(Mortgage Loans) 440,328,808.30
Beginning Balance(REO Loans) 0.00
Ending Balance(REO Loans) 0.00
Aggregate Number of Mortgage Loans 87
Aggregate Mortgage Principal Balance 440,328,808.30
Weighted Average Remaining Term to Maturity 106.71
Weighted Average Mortgage Rate 8.53414%
# of Loans Delinquent(1 month) 1
Balance of Loans Delinquent(1 month) 3,070,212.81
# of Loans Delinquent(2 month) 0
Balance of Loans Delinquent(2 month) 0.00
# of Loans Delinquent(3 month) 0
Balance of Loans Delinquent(3 month) 0.00
# of Loans Delinquent(In Foreclosure) 0
Balance of Loans Delinquent(In Foreclosure) 0.00
Appraisal Value of REO Property 0.00
Available Distribution Amount 3,497,191.07
Scheduled Principal Distribution Amount 413,011.50
Unscheduled Principal Distribution Amount 0.00
<PAGE>
RUN DATE:02/19/97 11:04:22 Chase Commercial Mortgage Securities Corp.
DIST. DATE: 19-FEB-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 31-JAN-1997
<TABLE>
<CAPTION>
Series 1996-2
Monthly Certificate Holders Report
CLAS CUSIP BEG. BALANCE PRIN. DIST. INT. DIST. PREP PENAL COLL DEFICIT TOTAL DIST END BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A-1 161505AN2 53,829,577.79 149,110.64 300,548.48 0.00 0.00 449,659.12 53,680,467.15
A-2 161505AP7 128,080,472.00 0.00 736,462.71 0.00 0.00 736,462.71 128,080,472.00
B 161505AQ5 17,027,021.00 0.00 97,905.37 0.00 0.00 97,905.37 17,027,021.00
C 161505AR3 15,717,250.00 0.00 90,374.19 0.00 0.00 90,374.19 15,717,250.00
D 161505AS1 13,097,708.00 0.00 75,311.82 0.00 0.00 75,311.82 13,097,708.00
E 161505AT9 5,239,083.00 0.00 30,124.73 0.00 0.00 30,124.73 5,239,083.00
F 161505AV4 13,097,708.00 0.00 75,311.82 0.00 0.00 75,311.82 13,097,708.00
G 161505AW2 9,168,396.00 0.00 52,718.28 0.00 0.00 52,718.28 9,168,396.00
H 161505AX0 6,548,854.00 0.00 37,655.91 0.00 0.00 37,655.91 6,548,854.00
R N/A 0.00 0.00 0.00 0.00 0.00 0.00 0.00
X 161505AU6 261,806,071.43 0.00 319,853.02 0.00 0.00 319,853.02 261,656,960.79
TOTAL: 261,806,069.79 149,110.64 1,816,266.33 0.00 0.00 1,965,376.97 261,656,959.15
</TABLE>
<PAGE>
RUN DATE:02/19/97 11:04:22 Chase Commercial Mortgage Securities Corp.
DIST. DATE: 19-FEB-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 31-JAN-1997
<TABLE>
<CAPTION>
Series 1996-2
Monthly Certificate Holders Report
CLAS CUSIP ACCR INT PRIN FACTOR INT FACTOR E. BAL FACTOR CURR RATE NEXT RATE
<S> <C> <C> <C> <C> <C> <C> <C>
A-1 161505A 300,548.48 2.76245042 5.56801497 994.49394825 6.70000 6.70000
A-2 161505A 736,462.71 0.00000000 5.74999997 1,000.00000000 6.90000 6.90000
B 161505A 97,905.37 0.00000000 5.74999996 1,000.00000000 6.90000 6.90000
C 161505A 90,374.19 0.00000000 5.75000016 1,000.00000000 6.90000 6.90000
D 161505A 75,311.82 0.00000000 5.74999992 1,000.00000000 6.90000 6.90000
E 161505A 30,124.73 0.00000000 5.75000052 1,000.00000000 6.90000 6.90000
F 161505A 75,311.82 0.00000000 5.74999992 1,000.00000000 6.90000 6.90000
G 161505A 52,718.28 0.00000000 5.75000033 1,000.00000000 6.90000 6.90000
H 161505A 37,655.91 0.00000000 5.74999992 1,000.00000000 6.90000 6.90000
R N/A 0.00 0.00000000 0.00000000 0.00000000 0.00000 0.00000
X 161505A 0.00 0.00000000 1.22102667 998.86543812 1.46606 1.46608
TOTAL: 1,496,413.31
</TABLE>
<PAGE>
RUN DATE:02/19/97 11:04:23 Chase Commercial Mortgage Securities Corp.
DIST. DATE: 19-FEB-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 31-JAN-1997
Series 1996-2
Monthly Certificate Holders Report
P & I Advances 0.00
Servicing Compensation 21,548.30
Trustee Compensation 1,876.33
Beginning Balance(Mortgage Loans) 261,806,071.43
Ending Balance(Mortgage Loans) 261,656,960.79
Beginning Balance(REO Loans) 0.00
Ending Balance(REO Loans) 0.00
Aggregate Number of Mortgage Loans 96
Aggregate Mortgage Principal Balance 261,656,960.79
Weighted Average Remaining Term to Maturity 106.06
Weighted Average Mortgage Rate 8.43241%
# of Loans Delinquent(1 month) 0
Balance of Loans Delinquent(1 month) 0.00
# of Loans Delinquent(2 month) 0
Balance of Loans Delinquent(2 month) 0.00
# of Loans Delinquent(3 month) 0
Balance of Loans Delinquent(3 month) 0.00
# of Loans Delinquent(In Foreclosure) 0
Balance of Loans Delinquent(In Foreclosure) 0.00
Appraisal Value of REO Property 0.00
Available Distribution Amount 1,965,376.97
Scheduled Principal Distribution Amount 149,110.64
Unscheduled Principal Distribution Amount 0.00
Exhibit 20.3
------------
<TABLE>
<CAPTION>
RUN DATE:03/17/97 10:34:35 Chase Commercial Mortgage Securities Corp. Page 1
DIST. DATE: 18-MAR-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 28-FEB-1997
Series 1996-1
Monthly Certificate Holders Report
CLAS CUSIP BEG. BALANCE PRIN. DIST. INT. DIST. PREP PENAL COLL DEFICIT TOTAL DIST END BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 161505AA0 187,179,861.81 414,432.04 1,185,472.46 0.00 0.00 1,599,904.50 186,765,429.77
A2 161505AB8 123,421,002.00 0.00 781,666.35 0.00 0.00 781,666.35 123,421,002.00
B 161505AE2 26,589,563.00 0.00 168,400.57 0.00 0.00 168,400.57 26,589,563.00
C 161505AF9 22,157,969.00 0.00 140,333.80 0.00 0.00 140,333.80 22,157,969.00
D 161505AG7 15,510,578.00 0.00 98,233.66 0.00 0.00 98,233.66 15,510,578.00
E 161505AH5 11,078,984.00 0.00 70,166.90 0.00 0.00 70,166.90 11,078,984.00
F 161505AJ1 24,373,766.00 0.00 154,367.18 0.00 0.00 154,367.18 24,373,766.00
G 161505AK8 17,726,375.00 0.00 112,267.04 0.00 0.00 112,267.04 17,726,375.00
H 161505AL6 11,078,984.00 0.00 70,168.51 0.00 0.00 70,168.51 11,078,984.00
P 161505AC6 1,211,722.96 1,526.82 0.00 0.00 0.00 1,526.82 1,210,196.14
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00
X 161505AD4 440,328,808.30 0.00 301,144.54 0.00 0.00 301,144.54 439,912,849.44
TOTAL: 440,328,805.77 415,958.86 3,082,221.01 0.00 0.00 3,498,179.87 439,912,846.91
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
RUN DATE:03/17/97 10:34:35 Chase Commercial Mortgage Securities Corp. Page 2
DIST. DATE: 18-MAR-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 28-FEB-1997
Series 1996-1
Monthly Certificate Holders Report
CLAS CUSIP ACCR INT APPR RED AMT UNPAID INT PRIN FACTOR INT FACTOR E. BAL FACTOR CURR RATE NEXT RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A1 161505AA0 1,185,472.46 0.00 0.00 2.18122126 6.23932874 982.97594616 7.60000 7.60000
A2 161505AB8 781,666.35 0.00 0.00 0.00000000 6.33333337 1,000.00000000 7.60000 7.60000
P 161505AC6 0.00 0.00 0.00 1.24928610 0.00000000 990.21575022 0.00000 0.00000
B 161505AE2 168,400.57 0.00 0.00 0.00000000 6.33333350 1,000.00000000 7.60000 7.60000
C 161505AF9 140,333.80 0.00 0.00 0.00000000 6.33333317 1,000.00000000 7.60000 7.60000
D 161505AG7 98,233.66 0.00 0.00 0.00000000 6.33333329 1,000.00000000 7.60000 7.60000
E 161505AH5 70,166.90 0.00 0.00 0.00000000 6.33333345 1,000.00000000 7.60000 7.60000
F 161505AJ1 154,367.18 0.00 0.00 0.00000000 6.33333314 1,000.00000000 7.60000 7.60000
G 161505AK8 112,267.04 0.00 0.00 0.00000000 6.33333324 1,000.00000000 7.60000 7.60000
H 161505AL6 70,166.90 0.00 0.00 0.00000000 6.33347877 1,000.00000000 7.60000 7.60000
R 0.00 0.00 0.00 0.00000000 0.00000000 0.00000000 0.00000 0.00000
X 161505AD4 301,144.54 0.00 0.00 0.00000000 0.67954004 992.67412977 0.82069 0.82069
TOTAL: 3,082,219.40 0.00 0.00
</TABLE>
<PAGE>
RUN DATE:03/17/97 10:34:37 Chase Commercial Mortgage Securities Corp.
DIST. DATE: 18-MAR-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 28-FEB-1997
Series 1996-1
Monthly Certificate Holders Report
P & I Advances 25,210.77
Servicing Compensation 49,027.71
Beginning Balance(Mortgage Loans) 440,328,808.30
Ending Balance(Mortgage Loans) 439,912,849.44
Beginning Balance(REO Loans) 0.00
Ending Balance(REO Loans) 0.00
Aggregate Number of Mortgage Loans 87
Aggregate Mortgage Principal Balance 439,912,849.44
Weighted Average Remaining Term to Maturity 105.71
Weighted Average Mortgage Rate 8.53414%
# of Loans Delinquent(1 month) 0
Balance of Loans Delinquent(1 month) 0.00
# of Loans Delinquent(2 month) 1
Balance of Loans Delinquent(2 month) 3,067,113.33
# of Loans Delinquent(3 month) 0
Balance of Loans Delinquent(3 month) 0.00
# of Loans Delinquent(In Foreclosure) 0
Balance of Loans Delinquent(In Foreclosure) 0.00
Appraisal Value of REO Property 0.00
Available Distribution Amount 3,498,179.83
Scheduled Principal Distribution Amount 415,958.86
Unscheduled Principal Distribution Amount 0.00
<PAGE>
RUN DATE:03/18/97 09:25:19 Chase Commercial Mortgage Securities Corp.
DIST. DATE: 19-MAR-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 28-FEB-1997
Series 1996-2
Monthly Certificate Holders Report
<TABLE>
<CAPTION>
CLAS CUSIP BEG. BALANCE PRIN. DIST. INT. DIST. PREP PENAL COLL DEFICIT TOTAL DIST END BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A-1 161505AN2 53,680,467.15 150,135.11 299,715.94 0.00 0.00 449,851.05 53,530,332.04
A-2 161505AP7 128,080,472.00 0.00 736,462.71 0.00 0.00 736,462.71 128,080,472.00
B 161505AQ5 17,027,021.00 0.00 97,905.37 0.00 0.00 97,905.37 17,027,021.00
C 161505AR3 15,717,250.00 0.00 90,374.19 0.00 0.00 90,374.19 15,717,250.00
D 161505AS1 13,097,708.00 0.00 75,311.82 0.00 0.00 75,311.82 13,097,708.00
E 161505AT9 5,239,083.00 0.00 30,124.73 0.00 0.00 30,124.73 5,239,083.00
F 161505AV4 13,097,708.00 0.00 75,311.82 0.00 0.00 75,311.82 13,097,708.00
G 161505AW2 9,168,396.00 0.00 52,718.28 0.00 0.00 52,718.28 9,168,396.00
H 161505AX0 6,548,854.00 0.00 37,655.91 0.00 0.00 37,655.91 6,548,854.00
R N/A 0.00 0.00 0.00 0.00 0.00 0.00 0.00
X 161505AU6 261,656,960.79 0.00 319,674.96 0.00 0.00 319,674.96 261,506,825.68
TOTAL: 261,656,959.15 150,135.11 1,815,255.73 0.00 0.00 1,965,390.84 261,506,824.04
</TABLE>
<PAGE>
RUN DATE:03/18/97 09:25:19 Chase Commercial Mortgage Securities Corp.
DIST. DATE: 19-MAR-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 28-FEB-1997
Series 1996-2
Monthly Certificate Holders Report
<TABLE>
<CAPTION>
CLAS CUSIP ACCR INT PRIN FACTOR INT FACTOR E. BAL FACTOR CURR RATE NEXT RATE
<S> <C> <C> <C> <C> <C> <C> <C>
A-1 161505A 299,715.94 2.78142994 5.55259118 991.71251831 6.70000 6.70000
A-2 161505A 736,462.71 0.00000000 5.74999997 1,000.00000000 6.90000 6.90000
B 161505A 97,905.37 0.00000000 5.74999996 1,000.00000000 6.90000 6.90000
C 161505A 90,374.19 0.00000000 5.75000016 1,000.00000000 6.90000 6.90000
D 161505A 75,311.82 0.00000000 5.74999992 1,000.00000000 6.90000 6.90000
E 161505A 30,124.73 0.00000000 5.75000052 1,000.00000000 6.90000 6.90000
F 161505A 75,311.82 0.00000000 5.74999992 1,000.00000000 6.90000 6.90000
G 161505A 52,718.28 0.00000000 5.75000033 1,000.00000000 6.90000 6.90000
H 161505A 37,655.91 0.00000000 5.74999992 1,000.00000000 6.90000 6.90000
R N/A 0.00 0.00000000 0.00000000 0.00000000 0.00000 0.00000
X 161505A 0.00 0.00000000 1.22034693 998.29230308 1.46608 1.46610
TOTAL: 1,495,580.77
</TABLE>
<PAGE>
RUN DATE:03/18/97 09:25:22 Chase Commercial Mortgage Securities Corp.
DIST. DATE: 19-MAR-1997 Commercial Mortgage Pass-Through Certificates
REC. DATE: 28-FEB-1997
Series 1996-2
Monthly Certificate Holders Report
P & I Advances 0.00
Servicing Compensation 21,535.52
Trustee Compensation 1,875.24
Beginning Balance(Mortgage Loans) 261,656,960.79
Ending Balance(Mortgage Loans) 261,506,825.68
Beginning Balance(REO Loans) 0.00
Ending Balance(REO Loans) 0.00
Aggregate Number of Mortgage Loans 96
Aggregate Mortgage Principal Balance 261,506,825.68
Weighted Average Remaining Term to Maturity 105.26
Weighted Average Mortgage Rate 8.43252%
# of Loans Delinquent(1 month) 0
Balance of Loans Delinquent (1 month) 0.00
# of Loans Delinquent (2 month) 0
Balance of Loans Delinquent (2 month) 0.00
# of Loans Delinquent (3 month) 0
Balance of Loans Delinquent (3 month) 0.00
# of Loans Delinquent(In Foreclosure) 0
Balance of Loans Delinquent(In Foreclosure) 0.00
Appraisal Value of REO Property 0.00
Available Distribution Amount 1,965,390.87
Scheduled Principal Distribution Amount 150,135.11
Unscheduled Principal Distribution Amount 0.00
