<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report: February 18, 2000
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 jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
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 about 2/18/2000, Chase Commercial Mortgage Securities Corp. (the
"Depositor") made the distributions to holders of its Mortgage Pass-Through
Certificates, Series 1996-1, Series 1996-2, Series 1997-1, Series 1997-2, Series
1998-1, Series 1998-2 and 1999-2 contemplated by the applicable Pooling and
Servicing Agreements for such Series (collectively, the "Pooling and Servicing
Agreements").
Copies of the Certificateholders' Reports with respect to such
distributions delivered pursuant to Section 4.02 of the applicable 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 February 18,
2000 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: March 1, 2000
THE CHASE MANHATTAN BANK, As Paying
Agent, on behalf of Chase Commercial
Mortgage Securities Corp.
By: /s/ Norma Catone
-----------------------------
Name: Norma Catone
Title: Vice President
<PAGE>
INDEX TO EXHIBITS
----------------------------
Exhibit No. Description
- --------------- -----------------
20.1 Monthly Reports with respect to the
distribution to certificateholders on
February 18, 2000.
<PAGE>
Page 1
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Cert. Series 1996-1
Statement to Certificateholders
February 18 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 190,000,000.00 141,161,896.70 4,755,921.59 1,058,921.51 5,814,843.10 0.00 0.00 136,405,975.11
A2 123,421,002.00 123,421,002.00 0.00 781,666.35 781,666.35 0.00 0.00 123,421,002.00
P 1,222,154.00 637,579.69 1,052.64 0.00 1,052.64 0.00 0.00 636,527.05
B 26,589,563.00 26,589,563.00 0.00 168,400.57 168,400.57 0.00 0.00 26,589,563.00
C 22,157,969.00 22,157,969.00 0.00 140,333.80 140,333.80 0.00 0.00 22,157,969.00
D 15,510,578.00 15,510,578.00 0.00 98,233.66 98,233.66 0.00 0.00 15,510,578.00
E 11,078,984.00 11,078,984.00 0.00 70,166.90 70,166.90 0.00 0.00 11,078,984.00
F 24,373,766.00 24,373,766.00 0.00 154,367.18 154,367.18 0.00 0.00 24,373,766.00
G 17,726,375.00 17,726,375.00 0.00 112,267.04 112,267.04 0.00 0.00 17,726,375.00
H 11,078,984.00 10,868,668.10 0.00 66,762.91 66,762.91 0.00 0.00 10,868,668.10
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTALS 443,159,375.00 393,526,381.49 4,756,974.230 2,651,119.92 7,408,094.15 0.00 0.00 388,769,407.26
X 443,159,377.53 393,526,384.03 0.00 493,910.07 5,250,884.30 0.00 0.00 388,769,409.80
</TABLE>
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 161505AA0 742.95735105 25.03116626 5.57327111 30.60443737 717.92618479 A1 7.600000 %
A2 161505AB8 1,000.00000000 .00000000 6.33333337 6.33333337 1,000.00000000 A2 7.600000 %
P 161505AC6 521.68522952 .86129899 .00000000 .86129899 520.82393054 P .000000 %
B 161505AE2 1,000.00000000 .00000000 6.33333350 6.33333350 1,000.00000000 B 7.600000 %
C 161505AF9 1,000.00000000 .00000000 6.33333317 6.33333317 1,000.00000000 C 7.600000 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Cert. Series 1996-1
Statement to Certificateholders
February 18 2000
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
D 161505AG7 1,000.00000000 .00000000 6.33333329 6.33333329 1,000.00000000 D 7.600000 %
E 161505AH5 1,000.00000000 .00000000 6.33333345 6.33333345 1,000.00000000 E 7.600000 %
F 161505AJ1 1,000.00000000 .00000000 6.33333314 6.33333314 1,000.00000000 F 7.600000 %
G 161505AK8 1,000.00000000 .00000000 6.33333324 6.33333324 1,000.00000000 G 7.600000 %
H 161505AL6 981.01667987 .00000000 6.02608597 6.02608597 981.01667987 H 7.600000 %
TOTALS 888.00193269 10.73422903 5.98231713 16.71654616 877.26770366
X 161505AD4 888.00193335 .00000000 1.11452018 11.84874915 877.26770438 X .852804 %
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Diane E Wallace
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-8583
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Cert. Series 1996-1
February 18 2000
<TABLE>
<S> <C>
Available Distribution Amount 7,522,865.26
Scheduled Principal Distribution Amount 486,083.55
Unscheduled Principal Distribution Amount 4,270,890.68
Balance Information
Weighted Average Remaining Term to Maturity of Mortgage Loans Outstanding 71.00
Weighted Average Mortgage Rate of Mortgage Loans Outstanding 8.57 %
</TABLE>
Loans Delinquent
Group Totals
<TABLE>
<CAPTION>
Principal
Period Number Balance Percentage
<S> <C> <C> <C>
31-60 days 0 .00 .00 %
61-90 days 2 16,789,663.41 4.32 %
91+days 0 .00 .00 %
Total 2.00 16,789,663.41 4.32 %
</TABLE>
<TABLE>
<S> <C>
Aggregate Appraised Value of REO Properties 0.00
Yield Maintenance Charges/Prepayment Premiums 0
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Cert. Series 1996-1
February 18 2000
Advance Summary
<TABLE>
<S> <C>
Master Servicer P&I Advances Made 223,557.29
Master Servicer Unreimbursed P&I Advances Outstanding 640,049.85
Interest Accrued & Payable to Master Servicer in Respect of Advances Made 0.00
Interest Paid to Servicer in Respect of Advances Made 0.00
Current Period Accrued Servicing Fees 45,674.65
Appraisal Reduction Amounts 0
Number of Extended or Modified Mortgage Loans 0.00
Aggregate Stated Principal Balance of Extended or Modified Mortgage Loans 0.00
Accrued Certificate Interest 0
Class Unpaid Interest Shortfall 0
Distribution to Residual Certificates 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Cert. Series 1996-1
February 18 2000
Interest Detail
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
*Class A-1 & Class X total interest distribution include yield
maintenance charge reallocation from April, 1999. Please refer
to Class A-1 Yield Maintenance Charge Receipts and Class X
Yield Maintenance Charge Receipt on page 4.
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Chase Commercial Mtg. Securities Corp. Series 1996-2
Statement to Certificateholders
February 22 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 53,977,671.00 39,032,634.04 230,839.01 217,932.21 448,771.22 0.00 0.00 38,801,795.03
A2 128,080,472.00 128,080,472.00 0.00 736,462.71 736,462.71 0.00 0.00 128,080,472.00
B 17,027,021.00 17,027,021.00 0.00 97,905.37 97,905.37 0.00 0.00 17,027,021.00
C 15,717,250.00 15,717,250.00 0.00 90,374.19 90,374.19 0.00 0.00 15,717,250.00
D 13,097,708.00 13,097,708.00 0.00 75,311.82 75,311.82 0.00 0.00 13,097,708.00
E 5,239,083.00 5,239,083.00 0.00 30,124.73 30,124.73 0.00 0.00 5,239,083.00
F 13,097,708.00 13,097,708.00 0.00 75,311.82 75,311.82 0.00 0.00 13,097,708.00
G 9,168,396.00 9,168,396.00 0.00 52,718.28 52,718.28 0.00 0.00 9,168,396.00
H 6,548,854.00 6,548,854.00 0.00 32,476.36 32,476.36 0.00 0.00 6,548,854.00
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTALS 261,954,163.00 247,009,126.04 230,839.010 1,408,617.49 1,639,456.50 0.00 0.00 246,778,287.03
X 261,954,164.00 247,009,127.69 0.00 303,414.10 534,253.11 0.00 0.00 246,778,288.68
</TABLE>
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 161505AN2 723.12556872 4.27656484 4.03745115 8.31401599 718.84900388 A1 6.700000 %
A2 161505AP7 1,000.00000000 .00000000 5.74999997 5.74999997 1,000.00000000 A2 6.900000 %
B 161505AQ5 1,000.00000000 .00000000 5.74999996 5.74999996 1,000.00000000 B 6.900000 %
C 161505AR3 1,000.00000000 .00000000 5.75000016 5.75000016 1,000.00000000 C 6.900000 %
D 161505AS1 1,000.00000000 .00000000 5.74999992 5.74999992 1,000.00000000 D 6.900000 %
E 161505AT9 1,000.00000000 .00000000 5.75000052 5.75000052 1,000.00000000 E 6.900000 %
F 161505AV4 1,000.00000000 .00000000 5.74999992 5.74999992 1,000.00000000 F 6.900000 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Commercial Mtg. Securities Corp. Series 1996-2
Statement to Certificateholders
February 22 2000
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
G 161505AW2 1,000.00000000 .00000000 5.75000033 5.75000033 1,000.00000000 G 6.900000 %
H 161505AX0 1,000.00000000 .00000000 4.95909055 4.95909055 1,000.00000000 H 6.900000 %
TOTALS 942.94789291 .88121909 5.37734340 6.25856250 942.06667382
X 161505AU6 942.94789561 .00000000 1.15827172 2.03949081 942.06667652 X 1.474022 %
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Diane E Wallace
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-8583
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Commercial Mtg. Securities Corp. Series 1996-2
February 22 2000
<TABLE>
<S> <C>
Next Month Pass-Through Rate for Class X 1.47389492 %
Available Distribution Amount 1,942,870.60
Scheduled Principal Distribution Amount 230,839.01
Unscheduled Principal Distribution Amount 0.00
Balance Information
Weighted Average Remaining Term to Maturity of Mortgage Loans Outstanding 71.00
Weighted Average Mortgage Rate of Mortgage Loans Outstanding 8.45 %
</TABLE>
Loans Delinquent
Group Totals
<TABLE>
<CAPTION>
Principal
Period Number Balance Percentage
<S> <C> <C> <C>
31-60 days 0 .00 .00 %
61-90 days 0 .00 .00 %
91+days 0 .00 .00 %
Total .00 .00 .00 %
</TABLE>
<TABLE>
<S> <C>
Aggregate Appraised Value of REO Properties 0.00
Yield Maintenance Charges/Prepayment Premiums 0
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Commercial Mtg. Securities Corp. Series 1996-2
February 22 2000
<TABLE>
<S> <C>
Advance Summary
Master Servicer P&I Advances Made 43,679.62
Master Servicer Unreimbursed P&I Advances Outstanding 335,224.30
Interest Accrued & Payable to Master Servicer in Respect of Advances Made 0.00
Interest Paid to Servicer in Respect of Advances Made 0.00
Trustee Compensation 1,770.23
Current Period Accrued Servicing Fees 20,400.49
Current Period Sprecial Servicing Fees 533.74
Appraisal Reduction Amounts 0
Number of Extended or Modified Mortgage Loans 0.00
Aggregate Stated Principal Balance of Extended or Modified Mortgage Loans 0.00
Accrued Certificate Interest 0
Current Period Unpaid Interest Shortfalls
Distribution to Residual Certificates 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Commercial Mtg. Securities Corp. Series 1996-2
February 22 2000
Interest Detail
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
- --------------------------------------------------------------------------------
CHASE COMMERCIAL MORTGAGE SECURITIES CORP
COMMERCIAL MORTGAGE PASS-THROUGH
SERIES 1997-1
DISTRIBUTION STATEMENT
================================================================================
DISTRIBUTION DATE: 22-Feb-2000 PAGE # 1
RECORD DATE: 31-Jan-1999
<TABLE>
<CAPTION>
Collateral
Original Beginning Prepayment Support Total Ending
Class Cusip# Certificate Certificate Principal Interest Penalties Deficit Distribution Principal
Balance Balance Distribution Distribution (PP/YMC) (Allocation Balance
/Reimb)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
A-1 161505AY8 100,600,000.00 61,331,832.86 9,525,257.33 371,568.69 223,097.49 0.00 10,119,923.51 51,806,575.53
A-2 161505AZ5 283,717,991.00 283,717,991.00 0.00 1,742,501.33 0.00 0.00 1,742,501.33 283,717,991.00
B 161505BB7 26,688,749.00 26,688,749.00 0.00 163,913.40 0.00 0.00 163,913.40 26,688,749.00
C 161505BC5 26,688,749.00 26,688,749.00 0.00 163,913.40 0.00 0.00 163,913.40 26,688,749.00
D 161505BD3 29,357,624.00 29,357,624.00 0.00 180,304.74 0.00 0.00 180,304.74 29,357,624.00
E 161505BE1 10,675,500.00 10,675,500.00 0.00 65,565.36 0.00 0.00 65,565.36 10,675,500.00
F 161505BF8 29,357,624.00 29,357,624.00 0.00 180,304.74 N/A 0.00 180,304.74 29,357,624.00
G 161505BG6 5,337,750.00 5,337,750.00 0.00 32,782.68 N/A 0.00 32,782.68 5,337,750.00
H 161505BH4 8,006,625.00 8,006,625.00 0.00 49,174.02 N/A 0.00 49,174.02 8,006,625.00
I 161505BJ0 13,344,374.00 13,344,374.00 0.00 53,341.96 N/A 0.00 53,341.96 13,344,374.00
R N/A N/A N/A N/A 0.00 N/A N/A 0.00 N/A
LR N/A N/A N/A N/A 0.00 N/A N/A 0.00 N/A
- ------------------------------------------------------------------------------------------------------------------------------------
TOTALS 533,774,986.00 494,506,818.86 9,525,257.33 3,003,370.32 223,097.49 0.00 12,751,725.14 484,981,561.53
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Original Beginning Prepayment Total Ending
Class Cusip# Notional Notional Interest Penalties Distribution Notional
Balance Balance Distribution (PP/YMC) Balance
- -------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
A-1 Component 100,600,000.00 61,331,832.86 N/A N/A N/A 51,806,575.53
WAC Component 533,774,986.00 494,506,818.13 N/A N/A N/A 484,981,560.80
X 161505BA9 533,774,986.00 494,506,818.86 592,306.51 508,489.65 1,100,796.16 484,981,561.53
- -------------------------------------------------------------------------------------------------------------------------
</TABLE>
FACTOR INFORMATION PER $1,000
- --------------------------------------------------------------------------------
Principal Interest End. Principal Pass Through
Class Cusip# Distribution Distribution Balance Rate
- --------------------------------------------------------------------------------
A-1 161505AY8 94.6844665010 3.6935257455 514.9758999006 7.2700000%
A-2 161505AZ5 0.0000000000 6.1416666735 1000.0000000000 7.3700000%
B 161505BB7 0.0000000000 6.1416666626 1000.0000000000 7.3700000%
C 161505BC5 0.0000000000 6.1416666626 1000.0000000000 7.3700000%
D 161505BD3 0.0000000000 6.1416666417 1000.0000000000 7.3700000%
E 161505BE1 0.0000000000 6.1416664325 1000.0000000000 7.3700000%
F 161505BF8 0.0000000000 6.1416666417 1000.0000000000 7.3700000%
G 161505BG6 0.0000000000 6.1416664325 1000.0000000000 7.3700000%
H 161505BH4 0.0000000000 6.1416664325 1000.0000000000 7.3700000%
I 161505BJ0 0.0000000000 3.9973370278 1000.0000000000 7.3700000%
R N/A N/A N/A N/A N/A
LR N/A N/A N/A N/A N/A
- --------------------------------------------------------------------------------
FACTOR INFORMATION PER $1,000
- --------------------------------------------------------------------------------
Interest Ending Notional Current Pass Next Pass
Class Cusip# Distribution Balance Through Rate Through Rate
- --------------------------------------------------------------------------------
A-1 Component N/A N/A 0.1000000% 0.10000000%
WAC Component N/A N/A 1.4249241% 1.43093669%
X 161505BA9 1.1096558 908.5880273 1.4373266% 1.44161886%
- --------------------------------------------------------------------------------
================================================================================
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
---------------------------------------------------------
DIANE WALLACE
CHASE MANHATTAN BANK - STRUCTURED FINANCE SERVICES
450 WEST 33RD STREET
NEW YORK, NEW YORK 10001
(212) 946-8583
---------------------------------------------------------
THE CHASE MANHATTAN BANK
SERVICER
(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
- --------------------------------------------------------------------------------
<PAGE>
CHASE COMMERCIAL MORTGAGE SECURITIES CORP
COMMERCIAL MORTGAGE PASS-THROUGH
SERIES 1997-1
DISTRIBUTION STATEMENT
================================================================================
DISTRIBUTION DATE: 22-Feb-2000 PAGE # 2
RECORD DATE: 31-Jan-1999
SECTION 4.02 (a)(iii) P & I Advances 283,560.84
SECTION 4.02 (a)(iv) Servicing Compensation 40,365.45
SECTION 4.02 (a)(iv) Trustee Compensation 2,637.37
SECTION 4.02 (a)(iv) Special Servicing Compensation 28,614.74
<TABLE>
<CAPTION>
--------------------------------------------------------------------
SECTION 4.02 (a)(v) Aggregate Stated Principal Balance Beginning Balance Ending Balance
--------------------------------------------------------------------
<S> <C> <C>
Mortgage Loans 494,506,818.13 484,981,560.80
Reo Loans Outstanding 0.00 0.00
--------------------------------------------------------------------
</TABLE>
SECTION 4.02 (a)(vi) Aggregate Number of Mortgages Loans 102
Aggregate Mortgage Principal Balance 484,981,560.80
Weighted Average Remaining Term to Maturity 91.00
Weighted Average Mortgage Rate 8.905%
<TABLE>
<CAPTION>
--------------------------------------------------------------------
SECTION 4.02 (a)(vii) Loans Delinquent Period Number Aggr Principal Balance
--------------------------------------------------------------------
<S> <C> <C>
1 Month 0 0.00
2 Months 0 0.00
3 Months or more 0 0.00
In Foreclosure 0 0.00
--------------------------------------------------------------------
</TABLE>
SECTION 4.02 (a)(viii) Appraisal Value of REO Property 0.00
SECTION 4.02 (a)(ix) Available Distribution Amount 13,852,521.30
<TABLE>
<CAPTION>
--------------------------------------------------------------------
SECTION 4.02 (a)(x) Accrued Certificate Interest Class Accrued Cert Interest Cert Deferred Interest
--------------------------------------------------------------------
<S> <C> <C>
A-1 371,568.69 0.00
A-2 1,742,501.33 0.00
B 163,913.40 0.00
C 163,913.40 0.00
D 180,304.74 0.00
E 65,565.36 0.00
F 180,304.74 0.00
G 32,782.68 0.00
H 49,174.02 0.00
I 81,956.70 0.00
X 592,306.51 0.00
--------------------------------------------------------------------
</TABLE>
SECTION 4.02 (a)(xiii) Scheduled Principal Distribution Amount 639,687.09
SECTION 4.02 (a)(xiii) Unscheduled Principal Distribution Amount 8,885,570.24
<TABLE>
<CAPTION>
--------------------------------------------------------------------
SECTION 4.02 (a)(xvi) Appraisal Reduction Amounts Loan Number Appraisal Reduct Effect Appraisal Reduct Amt
--------------------------------------------------------------------
<S> <C> <C>
0 $0.00 -
--------------------------------------------------------------------
</TABLE>
SECTION 4.02 (a)(xvii) Number of Loans Extended or Modified 0.00
SECTION 4.02 (a)(xvii) Stated Principal Balance of Mortgage
Loans Extended or Modified 0.00
<TABLE>
<CAPTION>
--------------------------------------------------------------------
SECTION 4.02 (a)(xviii) Class Unpaid Interest Shortfall Class Current Cumulative
Unpaid Interest Shortfall Unpaid Interest Shortfall
<S> <C> <C>
A-1 0.00 0.00
A-2 0.00 0.00
B 0.00 0.00
C 0.00 0.00
D 0.00 0.00
E 0.00 0.00
F 0.00 0.00
G 0.00 0.00
H 0.00 0.00
I 28,614.74 87,634.69
X 0.00 0.00
--------------------------------------------------------------------
</TABLE>
SECTION 4.02 (a)(xx) Distribution to Residual Certificates 0.00
(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
- --------------------------------------------------------------------------------
<PAGE>
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1997-2
Statement to Certificateholders
February 22 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 196,000,000.00 161,859,550.91 802,387.88 869,995.09 1,672,382.97 0.00 0.00 161,057,163.03
A2 390,074,509.00 390,074,509.00 0.00 2,145,409.80 2,145,409.80 0.00 0.00 390,074,509.00
B 32,559,695.00 32,559,695.00 0.00 179,078.32 179,078.32 0.00 0.00 32,559,695.00
C 48,839,542.00 48,839,542.00 0.00 268,617.48 268,617.48 0.00 0.00 48,839,542.00
D 44,769,581.00 44,769,581.00 0.00 246,232.70 246,232.70 0.00 0.00 44,769,581.00
E 12,209,885.00 12,209,885.00 0.00 67,154.37 67,154.37 0.00 0.00 12,209,885.00
F 48,839,542.00 48,839,542.00 0.00 268,617.48 268,617.48 0.00 0.00 48,839,542.00
G 6,104,943.00 6,104,943.00 0.00 33,577.19 33,577.19 0.00 0.00 6,104,943.00
H 12,209,886.00 12,209,886.00 0.00 67,154.37 67,154.37 0.00 0.00 12,209,886.00
I 8,139,924.00 8,139,924.00 0.00 44,769.58 44,769.58 0.00 0.00 8,139,924.00
J 14,244,866.00 14,244,866.00 0.00 75,783.02 75,783.02 0.00 0.00 14,244,866.00
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTALS 813,992,373.00 779,851,923.91 802,387.880 4,266,389.40 5,068,777.28 0.00 0.00 779,049,536.03
X 813,992,373.00 779,851,923.91 0.00 1,031,840.98 1,834,228.86 0.00 0.00 779,049,536.03
A1COMP 196,000,000.00 161,859,550.91 0.00 20,232.44 822,620.32 0.00 0.00 161,057,163.03
WACCOMP 813,992,373.00 779,851,923.91 0.00 1,011,608.54 1,813,996.42 0.00 0.00 779,049,536.03
</TABLE>
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 161505BK7 825.81403526 4.09381571 4.43875046 8.53256617 821.72021954 A1 6.450000 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1997-2
Statement to Certificateholders
February 22 2000
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
PRIOR
PRINCIPAL
CLASS CUSIP FACTOR PRINCIPAL INTEREST
A2 161505BL5 1,000.00000000 .00000000 5.50000000
B 161505BN1 1,000.00000000 .00000000 5.49999992
C 161505BP6 1,000.00000000 .00000000 5.49999998
D 161505BQ4 1,000.00000000 .00000000 5.50000010
E 161505BR2 1,000.00000000 .00000000 5.50000020
F 161505BS0 1,000.00000000 .00000000 5.49999998
G 161505BT8 1,000.00000000 .00000000 5.50000057
H 161505BU5 1,000.00000000 .00000000 5.49999975
I 161505BV3 1,000.00000000 .00000000 5.49999975
J 161505BW1 1,000.00000000 .00000000 5.32002337
TOTALS 958.05802336 .98574373 5.24131373
X 161505BM3 958.05802336 .00000000 1.26762979
A1COMP Component 825.81403526 .00000000 .10322673
WACCOMP Component 958.05802336 .00000000 1.24277398
PASS-THROUGH RATES
CURRENT CURRENT
PRINCIPAL CLASS PASS THRU
CLASS TOTAL FACTOR RATE
A2 5.50000000 1,000.00000000 A2 6.600000 %
B 5.49999992 1,000.00000000 B 6.600000 %
C 5.49999998 1,000.00000000 C 6.600000 %
D 5.50000010 1,000.00000000 D 6.600000 %
E 5.50000020 1,000.00000000 E 6.600000 %
F 5.49999998 1,000.00000000 F 6.600000 %
G 5.50000057 1,000.00000000 G 6.600000 %
H 5.49999975 1,000.00000000 H 6.600000 %
I 5.49999975 1,000.00000000 I 6.600000 %
J 5.32002337 1,000.00000000 J 6.600000 %
TOTALS 6.22705746 957.07227963
X 2.25337352 957.07227963 X 1.587749 %
A1COMP 4.19704245 821.72021954 A1COMP .150000 %
WACCOMP 2.22851771 957.07227963 WACCOMP 1.556616 %
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Diane E Wallace
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-8583
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1997-2
February 22 2000
Available Funds 6,100,618.26
Principal Distribution Amount 802,387.88
Scheduled Principal Distribution Amount 802,387.88
Unscheduled Principal Distribution Amount 0.00
Miscellaneous Trust Fund Expenses 0.00
Interest Reserve Account
Beginning Balance 0.00
Deposits 0.00
Withdrawals 0.00
Ending Balance 0.00
Balance Information
Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
Group Totals
Principal
Period Number Balance Percentage
31-60 days 0 .00 .00 %
61-90 days 0 .00 .00 %
91+days 0 .00 .00 %
Total .00 .00 .00 %
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1997-2
February 22 2000
Prepayment Penalties
Advance Summary
Principal & Interest Advances
Current Principal & Interest Advances 396,941.70
Outstanding Principal & Interest Advances 1,169,454.51
Reimbursement of Interest on any P&I Advances 0.00
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1997-2
February 22 2000
Fee Summary
Servicing Fees 60,463.31
Trustee Fees 3,736.83
Special Servicer Fee 0.00
Workout Fee 0.00
Appraisal Reduction Amounts
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1997-2
February 22 2000
Interest Detail
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1998-1
Statement to Certificateholders
February 18 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 132,600,000.00 117,496,405.27 755,297.43 620,772.67 1,376,070.10 0.00 0.00 116,741,107.84
A2 464,448,593.00 464,448,593.00 0.00 2,538,985.64 2,538,985.64 0.00 0.00 464,448,593.00
B 32,714,991.00 32,714,991.00 0.00 178,841.95 178,841.95 0.00 0.00 32,714,991.00
C 49,072,487.00 49,072,487.00 0.00 268,262.93 268,262.93 0.00 0.00 49,072,487.00
D 44,983,113.00 44,983,113.00 0.00 245,907.68 245,907.68 0.00 0.00 44,983,113.00
E 12,268,122.00 12,268,122.00 0.00 67,065.73 67,065.73 0.00 0.00 12,268,122.00
F 36,804,365.00 36,804,365.00 0.00 201,197.20 201,197.20 0.00 0.00 36,804,365.00
G 8,178,748.00 8,178,748.00 0.00 44,710.49 44,710.49 0.00 0.00 8,178,748.00
H 18,402,183.00 18,402,183.00 0.00 97,224.87 97,224.87 0.00 0.00 18,402,183.00
I 4,089,374.00 4,089,374.00 0.00 21,605.53 21,605.53 0.00 0.00 4,089,374.00
J 14,312,809.00 14,312,809.00 0.00 74,026.92 74,026.92 0.00 0.00 14,312,809.00
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTALS 817,874,785.00 802,771,190.27 755,297.430 4,358,601.61 5,113,899.04 0.00 0.00 802,015,892.84
X 817,874,785.00 802,771,190.27 0.00 504,791.19 1,260,088.62 0.00 0.00 802,015,892.84
</TABLE>
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 161505BX9 886.09657066 5.69605905 4.68154351 10.37760256 880.40051161 A1 6.340000 %
A2 161505BY7 1,000.00000000 .00000000 5.46666666 5.46666666 1,000.00000000 A2 6.560000 %
B 161505CB6 1,000.00000000 .00000000 5.46666664 5.46666664 1,000.00000000 B 6.560000 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1998-1
Statement to Certificateholders
February 18 2000
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
C 161505CC4 1,000.00000000 .00000000 5.46666669 5.46666669 1,000.00000000 C 6.560000 %
D 161505CD2 1,000.00000000 .00000000 5.46666657 5.46666657 1,000.00000000 D 6.560000 %
E 161505CE0 1,000.00000000 .00000000 5.46666637 5.46666637 1,000.00000000 E 6.560000 %
F 161505CF7 1,000.00000000 .00000000 5.46666679 5.46666679 1,000.00000000 F 6.560000 %
G 161505CG5 1,000.00000000 .00000000 5.46666678 5.46666678 1,000.00000000 G 6.560000 %
H 161505CH3 1,000.00000000 .00000000 5.28333350 5.28333350 1,000.00000000 H 6.340000 %
I 161505CJ9 1,000.00000000 .00000000 5.28333432 5.28333432 1,000.00000000 I 6.340000 %
J 161505CK6 1,000.00000000 .00000000 5.17207489 5.17207489 1,000.00000000 J 6.340000 %
TOTALS 981.53312095 .92348785 5.32917959 6.25266744 980.60963310
X 981.53312095 .00000000 .61719862 1.54068648 980.60963310 X .754573 %
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Diane E Wallace
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-8583
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1998-1
February 18 2000
Available Funds 5,618,690.23
Principal Distribution Amount 755,297.43
Scheduled Principal Distribution Amount 755,297.43
Unscheduled Principal Distribution Amount 0.00
Miscellaneous Trust Fund Expenses 0.00
Interest Reserve Account
Deposits 47,435.67
Withdrawals 0.00
Balance Information
Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
Group Totals
Principal
Period Number Balance Percentage
0-30 days 1 7,633,534.86 .95 %
31-60 days 0 .00 .00 %
61-90 days 0 .00 .00 %
91+days 0 .00 .00 %
Total 1.00 7,633,534.86 .95 %
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1998-1
February 18 2000
Prepayment Penalties
Advance Summary
Principal & Interest Advances
Current Principal & Interest Advances 71,613.18
Outstanding Principal & Interest Advances 0.00
Reimbursement of Interest on any P&I Advances 0.00
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1998-1
February 18 2000
Fee Summary
Servicing Fees 49,193.14
Trustee Fees 4,013.89
Special Servicer Fee 0.00
Additional Special Servicing Compensation 1,592.42
Workout Fee 0.00
Appraisal Reduction Amounts
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1998-1
February 18 2000
Interest Detail
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates,
Series 1998-2
Statement to Certificateholders
February 18 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 198,800,000.00 183,840,077.79 979,863.61 923,030.39 1,902,894.00 0.00 0.00 182,860,214.18
A2 720,598,732.00 720,598,732.00 0.00 3,837,188.25 3,837,188.25 0.00 0.00 720,598,732.00
B 63,406,809.00 63,406,809.00 0.00 337,641.26 337,641.26 0.00 0.00 63,406,809.00
C 69,747,490.00 69,747,490.00 0.00 371,405.38 371,405.38 0.00 0.00 69,747,490.00
D 72,917,830.00 72,917,830.00 0.00 388,287.44 388,287.44 0.00 0.00 72,917,830.00
E 19,022,043.00 19,022,043.00 0.00 101,292.38 101,292.38 0.00 0.00 19,022,043.00
F 57,066,128.00 57,066,128.00 0.00 303,877.13 303,877.13 0.00 0.00 57,066,128.00
G 12,681,362.00 12,681,362.00 0.00 67,528.25 67,528.25 0.00 0.00 12,681,362.00
H 22,192,383.00 22,192,383.00 0.00 118,174.44 118,174.44 0.00 0.00 22,192,383.00
I 9,511,021.00 9,511,021.00 0.00 50,646.19 50,646.19 0.00 0.00 9,511,021.00
J 22,192,383.00 22,192,383.00 0.00 118,174.44 118,174.44 0.00 0.00 22,192,383.00
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTALS 1,268,136,181.00 1,253,176,258.79 979,863.61 6,617,245.55 7,597,109.16 0.00 0.00 1,252,196,395.18
X 1,268,136,181.00 1,253,176,258.79 0.00 689,164.79 1,669,028.40 0.00 0.00 1,252,196,395.18
</TABLE>
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 161505CV2 924.74888224 4.92889140 4.64301001 9.57190141 919.81999085 A1 6.025000 %
A2 161505CW0 1,000.00000000 .00000000 5.32500000 5.32500000 1,000.00000000 A2 6.390000 %
B 161505CZ3 1,000.00000000 .00000000 5.32500003 5.32500003 1,000.00000000 B 6.390000 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates,
Series 1998-2
Statement to Certificateholders
February 18 2000
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
C 161505DA7 1,000.00000000 .00000000 5.32499994 5.32499994 1,000.00000000 C 6.390000 %
D 161505DB5 1,000.00000000 .00000000 5.32499993 5.32499993 1,000.00000000 D 6.390000 %
E 161505DC3 1,000.00000000 .00000000 5.32500005 5.32500005 1,000.00000000 E 6.390000 %
F 161505DD1 1,000.00000000 .00000000 5.32499997 5.32499997 1,000.00000000 F 6.390000 %
G 161505DE9 1,000.00000000 .00000000 5.32499979 5.32499979 1,000.00000000 G 6.390000 %
H 161505DF6 1,000.00000000 .00000000 5.32500002 5.32500002 1,000.00000000 H 6.390000 %
I 161505DG4 1,000.00000000 .00000000 5.32500033 5.32500033 1,000.00000000 I 6.390000 %
J 161505DH2 1,000.00000000 .00000000 5.32500002 5.32500002 1,000.00000000 J 6.390000 %
TOTALS 988.20322105 .77268011 5.21808750 5.99076761 987.43054093
X 161505CY6 988.20322105 .00000000 .54344699 1.31612710 987.43054093 X .659921 %
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Cynthia Kerpen
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-3233
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates,
Series 1998-2
February 18 2000
Available Funds 8,286,273.96
Principal Distribution Amount 979,863.61
Default Interest 0.00
Excess Interest 0.00
Extraordinary Trust Fund Expenses 0.00
Interest Reserve Account
Beginning Balance 0.00
Deposits 105,542.35
Withdrawals 0.00
Ending Balance 105,542.35
Balance Information
Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
Group Totals
Principal
Period Number Balance Percentage
31-60 days 0 .00 .00 %
61-90 days 0 .00 .00 %
91+days 0 .00 .00 %
Total .00 .00 .00 %
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates,
Series 1998-2
February 18 2000
Prepayment Penalties
Advance Summary
Principal & Interest Advances
Current Principal & Interest Advances 30,316.38
Outstanding Principal & Interest Advances 30,316.38
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates,
Series 1998-2
February 18 2000
Fee Summary
Master Servicing Fees 44,011.97
Sub-Servicing Fees 20,886.27
Trustee Fees 6,004.80
Special Servicer Fee 0.00
Appraisal Reduction Amounts
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates,
Series 1998-2
February 18 2000
Interest Detail
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Chase Commercial Mortgage Securities Corp. Commercial Mortgage Pass-Through
Certificates Series 1999-2
Statement to Certificateholders
February 17 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 105,920,000.00 104,945,773.33 408,432.52 614,982.23 1,023,414.75 0.00 0.00 104,537,340.81
A2 469,330,397.00 469,330,397.00 0.00 2,815,200.16 2,815,200.16 0.00 0.00 469,330,397.00
B 41,089,314.00 41,089,314.00 0.00 251,432.36 251,432.36 0.00 0.00 41,089,314.00
C 37,176,046.00 37,176,046.00 0.00 232,938.91 232,938.91 0.00 0.00 37,176,046.00
D 11,739,804.00 11,739,804.00 0.00 75,663.04 75,663.04 0.00 0.00 11,739,804.00
E 27,392,876.00 27,392,876.00 0.00 176,547.09 176,547.09 0.00 0.00 27,392,876.00
F 11,739,804.00 11,739,804.00 0.00 75,663.04 75,663.04 0.00 0.00 11,739,804.00
G 27,392,876.00 27,392,876.00 0.00 148,378.08 148,378.08 0.00 0.00 27,392,876.00
H 7,826,536.00 7,826,536.00 0.00 42,393.74 42,393.74 0.00 0.00 7,826,536.00
I 6,848,219.00 6,848,219.00 0.00 37,094.52 37,094.52 0.00 0.00 6,848,219.00
J 8,804,853.00 8,804,853.00 0.00 47,692.95 47,692.95 0.00 0.00 8,804,853.00
K 6,848,219.00 6,848,219.00 0.00 37,094.52 37,094.52 0.00 0.00 6,848,219.00
L 5,869,902.00 5,869,902.00 0.00 31,795.30 31,795.30 0.00 0.00 5,869,902.00
M 14,674,755.00 14,674,755.00 0.00 79,312.74 79,312.74 0.00 0.00 14,674,755.00
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
S 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTALS 782,653,601.00 781,679,374.33 408,432.52 4,666,188.68 5,074,621.20 0.00 0.00 781,270,941.81
X 782,653,601.00 781,679,374.33 0.00 591,241.27 999,673.79 0.00 0.00 781,270,941.81
</TABLE>
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 161505DJ8 990.80224065 3.85604721 5.80610111 9.66214832 986.94619345 A1 7.032000 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Commercial Mortgage Securities Corp. Commercial Mortgage
Pass-Through Certificates Series 1999-2
Statement to Certificateholders
February 17 2000
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A2 161505DK5 1,000.00000000 .00000000 5.99833332 5.99833332 1,000.00000000 A2 7.198000 %
B 161505DM1 1,000.00000000 .00000000 6.11916665 6.11916665 1,000.00000000 B 7.343000 %
C 161505DN9 1,000.00000000 .00000000 6.26583338 6.26583338 1,000.00000000 C 7.519000 %
D 161505DP4 1,000.00000000 .00000000 6.44500027 6.44500027 1,000.00000000 D 7.734000 %
E 161505DQ2 1,000.00000000 .00000000 6.44500015 6.44500015 1,000.00000000 E 7.734000 %
F 161505DR0 1,000.00000000 .00000000 6.44500027 6.44500027 1,000.00000000 F 7.734000 %
G 161505DS8 1,000.00000000 .00000000 5.41666673 5.41666673 1,000.00000000 G 6.500000 %
H 161505DT6 1,000.00000000 .00000000 5.41666709 5.41666709 1,000.00000000 H 6.500000 %
I 161505DU3 1,000.00000000 .00000000 5.41666673 5.41666673 1,000.00000000 I 6.500000 %
J 161505DV1 1,000.00000000 .00000000 5.41666624 5.41666624 1,000.00000000 J 6.500000 %
K 161505DW9 1,000.00000000 .00000000 5.41666673 5.41666673 1,000.00000000 K 6.500000 %
L 161505DX7 1,000.00000000 .00000000 5.41666624 5.41666624 1,000.00000000 L 6.500000 %
M 161505DY5 1,000.00000000 .00000000 5.40470625 5.40470625 1,000.00000000 M 6.500000 %
TOTALS 998.75522623 .52185605 5.96201011 6.48386616 998.23337018
X 161505DL3 998.75522623 .00000000 .75543161 1.27728766 998.23337018 X .907648 %
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Diane E Wallace
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-8583
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Commercial Mortgage Securities Corp. Commercial Mortgage Pass-Through
Certificates Series 1999-2
February 17 2000
Available Funds 5,665,862.46
Principal Distribution Amount 408,432.52
Scheduled Principal Distribution Amount 408,432.52
Unscheduled Principal Distribution Amount 0.00
Miscellaneous Trust Fund Expenses 0.00
Interest Reserve Account
Deposits 172,547.79
Withdrawals 0.00
Balance Information
Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
Group Totals
Principal
Period Number Balance Percentage
31-60 days 0 .00 .00 %
61-90 days 0 .00 .00 %
91+days 0 .00 .00 %
Total .00 .00 .00 %
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Commercial Mortgage Securities Corp. Commercial Mortgage Pass-Through
Certificates Series 1999-2
February 17 2000
Prepayment Penalties
Advance Summary
Principal & Interest Advances
Current Principal & Interest Advances 0.00
Outstanding Principal & Interest Advances 0.00
Reimbursement of Interest on any P&I Advances 81.73
Reimbursement of Interest on any T&I Advances 0.87
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Commercial Mortgage Securities Corp. Commercial Mortgage Pass-Through
Certificates Series 1999-2
February 17 2000
Fee Summary
Servicing Fees 40,282.72
Trustee Fees 1,042.24
Special Servicer Fee 0.00
Workout Fee 0.00
Appraisal Reduction Amounts
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Commercial Mortgage Securities Corp. Commercial Mortgage Pass-Through
Certificates Series 1999-2
February 17 2000
Interest Detail
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
