content: ABN AMRO
  LaSalle National Bank
  
  Administrator:
    Mary Collier  (800) 246-5761
    135 S. LaSalle Street   Suite 1740
    Chicago, IL   60603
  
  ^Asset Securitization Corporation
  ^Pacific Mutual Life Insurance Company as Servicer
  ^Pacific Mutual Life Insurance Company as Special Servicer
  ^Commercial Mortgage Pass-Through Certificates
  ^Series 1996-D2
  ^ABN AMRO Acct: 67-7484-92-5
  
  Statement Date:                           07/16/96
  Payment Date:                             07/16/96
  Prior Payment:                            NA
  Record Date:                              07/10/96
  
  WAC:                                            8.637917%
  WAMM:                                                 268
  
  ^Upper Tier
                     Original                          Opening           Principal
  Class               Face Value (1)                    Balance           Payment
  CUSIP             Per $1000                         Per $1000         Per $1000
  
  A-1              624,411,011.00                   621,020,539.24      894,208.55
  045424BF4                      1000.000000                       994.570128 
  1.432083
  A-CS1                      174,411,011.00 N                 171,020,539.24
  045424BG2                      1000.000000                       980.560449
  A-CS2                      590,712,339.00 N                 590,712,339.00
  045424BH0                      1000.000000                      1000.000000
  A-2                         52,767,127.00                    52,767,127.00
  045424BJ6                      1000.000000                      1000.000000
  A-3                         52,767,127.00                    52,767,127.00
  045424BK3                      1000.000000                      1000.000000
  A-4                         35,178,085.00                    35,178,085.00
  045424BL1,UO4509AU62           1000.000000                      1000.000000
  B-1A                         8,250,000.00                     8,250,000.00
  045424BM9,UO4509AV4            1000.000000                      1000.000000
  B-1B                        46,495,894.00                    46,495,894.00
  045424BY3,UO4509AW2            1000.000000                      1000.000000
  B-1H                        11,213,015.00                    11,213,015.00
  045424BN7,UO4509AX0            1000.000000                      1000.000000
  B-2                         29,197,811.00                    29,197,811.00
  045424BP2,UO4509AY8            1000.000000                      1000.000000
  B-2H                         5,980,274.00                     5,980,274.00
  045424BQ0,UO4509AZ5            1000.000000                      1000.000000
  B-3                         10,948,180.00                    10,948,180.00
  045424BR8,UO4509BA9            1000.000000                      1000.000000
  B-3Q                             1,000.65                         1,000.65
  045424BT4                      1000.000000                      1000.000000
  B-3H                         2,242,603.00                     2,242,603.00
  045424BS6,UO4509BB7            1000.000000                      1000.000000
  R                                    0.00
  045424BW7                      1000.000000
                   879,452,127.65                   876,061,655.89      894,208.55
  
  
                         Principal          Negative       Closing
  Class                  Adj. or Loss       Amortization   Balance
  CUSIP                  Per $1000          Per $1000      Per $1000
  
  A-1                                                         620,126,330.69
  045424BF4                                                        993.138045
  A-CS1                                                       170,126,330.69
  045424BG2                                                        975.433430
  A-CS2                                                       590,712,339.00
  045424BH0                                                       1000.000000
  A-2                                                          52,767,127.00
  045424BJ6                                                       1000.000000
  A-3                                                          52,767,127.00
  045424BK3                                                       1000.000000
  A-4                                                          35,178,085.00
  045424BL1,UO4509AU62                                            1000.000000
  B-1A                                                          8,250,000.00
  045424BM9,UO4509AV4                                             1000.000000
  B-1B                                                         46,495,894.00
  045424BY3,UO4509AW2                                             1000.000000
  B-1H                                                         11,213,015.00
  045424BN7,UO4509AX0                                             1000.000000
  B-2                                                          29,197,811.00
  045424BP2,UO4509AY8                                             1000.000000
  B-2H                                                          5,980,274.00
  045424BQ0,UO4509AZ5                                             1000.000000
  B-3                                                          10,948,180.00
  045424BR8,UO4509BA9                                             1000.000000
  B-3Q                                                              1,000.65
  045424BT4                                                       1000.000000
  B-3H                                                          2,242,603.00
  045424BS6,UO4509BB7                                             1000.000000
  R
  045424BW7
  
                                                              875,167,447.34
  Total P&I Payment                                             7,122,424.29
  
                         Interest           Interest       Pass-Through
  Class                  Payment            Adjustment     Rate (2)
  CUSIP                  Per $1000          Per $1000      Next Rate (3)
  
  A-1                          3,581,218.44                         6.920000%
  045424BF4                         5.735354                        6.920000%
  A-CS1                          229,623.85                         1.611202%
  045424BG2                         1.316567                        1.730228%
  A-CS2                          734,506.21                         1.492109%
  045424BH0                         1.243425                        1.582783%
  A-2                            317,095.34                         7.211202%
  045424BJ6                         6.009335                        7.330228%
  A-3                            325,450.13                         7.401202%
  045424BK3                         6.167668                        7.520228%
  A-4                            227,520.18                         7.761202%
  045424BL1,UO4509AU62              6.467668                        7.880228%
  B-1A                            58,652.01                         8.531202%
  045424BM9,UO4509AV4               7.109335                        8.650228%
  B-1B                           330,554.88                         8.531202%
  045424BY3,UO4509AW2               7.109335                        8.650228%
  B-1H                            79,717.08                         8.531202%
  045424BN7,UO4509AX0               7.109335                        8.650228%
  B-2                            207,577.02                         8.531202%
  045424BP2,UO4509AY8               7.109335                        8.650228%
  B-2H                            42,515.77                         8.531202%
  045424BQ0,UO4509AZ5               7.109335                        8.650228%
  B-3                             77,834.28                         8.531202%
  045424BR8,UO4509BA9               7.109335                        8.650228%
  B-3Q                                 7.11                         8.531202%
  045424BT4                         7.109335                        8.650228%
  B-3H                            15,943.42                         8.531202%
  045424BS6,UO4509BB7               7.109337                        8.650228%
  R                                                                  None
  045424BW7
                               6,228,215.74
  
  Notes:  (1) N denotes notional balance not included in total
  (2) Interest Paid minus Interest Adjustment minus Deferred
  Interest equals Accrual    (3) Estimated
  
  
  ^Lower Tier
                     Original                          Opening           Principal
  Class              Face Value (1)                    Balance           Payment
  CUSIP              Per $1000                         Per $1000         Per $1000
  
  A-1A-L           174,411,011.00                   171,020,539.24      894,208.55
  None                           1000.000000                       980.560449  
  5.127019
  A-1B-L                     450,000,000.00                   450,000,000.00
  None                           1000.000000                      1000.000000
  A-2-L                       52,767,127.00                    52,767,127.00
  None                           1000.000000                      1000.000000
  A-3-L                       52,767,127.00                    52,767,127.00
  None                           1000.000000                      1000.000000
  A-4-L                       35,178,085.00                    35,178,085.00
  None                           1000.000000                      1000.000000
  B-1A-L                       8,250,000.00                     8,250,000.00
  None                           1000.000000                      1000.000000
  B-1B-L                      46,495,894.00                    46,495,894.00
  None                           1000.000000                      1000.000000
  B-1H-L                      11,213,015.00                    11,213,015.00
  None                           1000.000000                        12.750000
  B-2-L                       29,197,811.00                    29,197,811.00
  None                           1000.000000                      1000.000000
  B-2H-L                       5,980,274.00                     5,980,274.00
  None                           1000.000000                      1000.000000
  B-3-L                       10,948,180.00                    10,948,180.00
  None                           1000.000000                      1000.000000
  B-3Q                             1,000.65                         1,000.65
  None                           1000.000000                      1000.000000
  B-3H-L                       2,242,603.00                     2,242,603.00
  None                           1000.000000                      1000.000000
  LR                                   0.00
  045424BX5                      1000.000000
  
                  879,452,127.65                   876,061,655.89      894,208.55
  
  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 $1000          Per $1000      Per $1000
  
  A-1A-L                                                      170,126,330.69
  None                                                             975.433430
  A-1B-L                                                      450,000,000.00
  None                                                            1000.000000
  A-2-L                                                        52,767,127.00
  None                                                            1000.000000
  A-3-L                                                        52,767,127.00
  None                                                            1000.000000
  A-4-L                                                        35,178,085.00
  None                                                            1000.000000
  B-1A-L                                                        8,250,000.00
  None                                                            1000.000000
  B-1B-L                                                       46,495,894.00
  None                                                            1000.000000
  B-1H-L                                                       11,213,015.00
  None                                                              12.750000
  B-2-L                                                        29,197,811.00
  None                                                            1000.000000
  B-2H-L                                                        5,980,274.00
  None                                                            1000.000000
  B-3-L                                                        10,948,180.00
  None                                                            1000.000000
  B-3Q                                                              1,000.65
  None                                                            1000.000000
  B-3H-L                                                        2,242,603.00
  None                                                            1000.000000
  LR
  045424BX5
  
                                                              875,167,447.34
  
                         Interest           Interest       Pass-Through
  Class                  Payment            Adjustment     Rate (2)
  CUSIP                  Per $1000          Per $1000      Next Rate (3)
  
  A-1A-L                       1,215,842.29                         8.531202%
  None                              6.971133                        8.650228%
  A-1B-L                       3,199,200.72                         8.531202%
  None                              7.109335                        8.650228%
  A-2-L                          375,139.18                         8.531202%
  None                              7.109335                        8.650228%
  A-3-L                          375,139.19                         8.531202%
  None                              7.109335                        8.650228%
  A-4-L                          250,092.79                         8.531202%
  None                              7.109335                        8.650228%
  B-1A-L                          58,652.01                         8.531202%
  None                              7.109335                        8.650228%
  B-1B-L                         330,554.88                         8.531202%
  None                              7.109335                        8.650228%
  B-1H-L                          79,717.08                         8.531202%
  None                              0.090644                        8.650228%
  B-2-L                          207,577.02                         8.531202%
  None                              7.109335                        8.650228%
  B-2H-L                          42,515.77                         8.531202%
  None                              7.109335                        8.650228%
  B-3-L                           77,834.28           0.00          8.531202%
  None                              7.109335       0.000000         8.650228%
  B-3Q                                 7.11           0.00          8.531202%
  None                              7.105382       0.000000         8.650228%
  B-3H-L                          15,943.42                         8.531202%
  None                              7.109338                        8.650228%
  LR                                                               None
  045424BX5
  
                               6,228,215.74           0.00
                                 0.001130209
  
  
  ^Grantor Trust Certificates
                     Original                          Opening           Principal
  Class               Face Value (1)                    Balance           Payment
  CUSIP              Per $1000                         Per $1000         Per $1000
  
  V-1                                  0.00
  045424BU1                      1000.000000
  V-2                                  0.00
  045424BV9                      1000.000000
  
  
  
                         Principal          Negative       Closing
  Class                  Adj. or Loss       Amortization   Balance
  CUSIP                  Per $1000          Per $1000      Per $1000
  
  V-1
  045424BU1
  V-2
  045424BV9
  
  
                         Total P&I Payment                            235.11
  
  
                         Interest           Interest       Pass-Through
  Class                  Payment            Adjustment     Rate (2)
  CUSIP                  Per $1000          Per $1000      Next Rate (3)
  
  V-1                                235.11                        None
  045424BU1
  V-2                                                              None
  045424BV9
  
                                     235.11
  
  Amount of Available Funds allocable to principal:
  
  SMI Available Funds allocable to principal
  SMI Certificate Distribution Amount                              43,078.75
  Other Principal Distribution Amount                             719,845.28
  Senior Housing/Healthcare Prin Distrib. Amt                     174,363.27
  
  
  Advance Summary:                          Beginning      Current
                                            Unreimbursed   Period
  Servicer Property Protection Adv
  Servicer SMI Certificate Adv                                     43,078.75
  Servicer P&I Advances                                            90,562.28
  Trustee P&I Advances
  Fiscal Agent P&I Advance
  
    Total                                                         133,641.03
  
  
  Advance Summary:                                         Ending
                                            Reimbursed     Unreimbursed
  Servicer Property Protection Adv
  Servicer SMI Certificate Adv                                     43,078.75
  Servicer P&I Advances                                            90,562.28
  Trustee P&I Advances
  Fiscal Agent P&I Advance
  
    Total                                                         133,641.03
  
  Class A-CS-2 ComponentsReduction Interest Distribution Amounts
    A-1B Component
    A-2 Component
    A-3 Component
    A-4 Component
  
  Class A-CS-2 ComponentsReduction Interest Shortfalls
    A-1B Component
    A-2 Component
    A-3 Component
    A-4 Component
  
  
  Repurchases as per sections 2.03(d), 2.03(e), 3.18, 9.01(c)
  
  Outstanding Principal Balance
  Repurchase Price
  
  Summary of REO Property:
  
  Appraised value of real estate acquired through foreclosure
  or grant of a deed in lieu of foreclosure
  
  
  Property Name          Date of REO        Principal Balance
  
  
  
  
    Totals
  
                                            Date of Final
  Property Name          Book Value         Recovery
  
  
  
  
    Totals
  
                         Amount             Aggregate Other
  Property Name          of Proceeds        Revenues Collected
  
  
  
  
    Totals
  
  
  Specially Serviced Mortgage Loans:
                                                           Principal
                         Borrower           Number         Balance
  
  
  
  Summary of Expenses:
  
  Current Period Servicing Fees                                    73,671.98
  Current Period Trustee Fees                                       3,650.26
  Current Period Special Servicing Fees
  Additional Servicing Fees, per Section 3.12(a)
  
    Total                                                          77,322.24
  
  
                                                                       Amount per 
  $1,000
  Prepayment Premiums received during the Collection Period
  Default Interest received during the Collection Period
  Net Default Interest received during the Collection Period
  Excess  Interest received during the Collection Period
  
  
  Prepayment Premiums received during the Collection Period
  Default Interest received during the Collection Period                    235.11
  Net Default Interest received during the Collection Period                235.11
  Excess  Interest received during the Collection Period
  
                                                           Current
                         Prior              Remaining      Realized
                         Interest           Interest       Loss
  Class                  Shortfall          Shortfall      Allocation
  A-1
  A-CS1
  A-CS2
  A-2
  A-3
  A-4
  B-1A
  B-1B
  B-1H
  B-2
  B-2H
  B-3
  B-3Q
  B-3H
  
  Total
  
                         Aggregate
                         Realized
                         Loss
  Class                  Allocation
  A-1
  A-CS1
  A-CS2
  A-2
  A-3
  A-4
  B-1A
  B-1B
  B-1H
  B-2
  B-2H
  B-3
  B-3Q
  B-3H
  
  Total
  
                                                           Current
  Realized Losses on Mortgage Loans
  Realized Losses on SMI Certificate
  
                                                           Cumulative
  Realized Losses on Mortgage Loans
  Realized Losses on SMI Certificate
  
  
  Strip Component Balances:                                Beginning
                                                           Principal
                                                           Balance
  A-1A                                                        171,020,539.24
  A-1B                                                        450,000,000.00
  A-2                                                          52,767,127.00
  A-3                                                          52,767,127.00
  A-4                                                          35,178,085.00
  
  SMI Certificate                                               8,250,000.00
  
  
  Strip Component Balances:                                Ending
                                                           Principal
                                                           Balance
  A-1A                                                        170,126,330.69
  A-1B                                                        450,000,000.00
  A-2                                                          52,767,127.00
  A-3                                                          52,767,127.00
  A-4                                                          35,178,085.00
  
  SMI Certificate                                               8,250,000.00
  
  TOTAL
  Delinquency /Prepayment / Rate History Reporting
  Distribution           Delinq 1 Month                    Delinq 2 Months
  Date                #                  Balance        #                 Balance
  07/16/96
  
  06/14/96
  
  05/15/96
  
  04/16/96
  
  03/14/96
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  Distribution         Delinq 3+  Months                 Foreclosure / Bankruptcy
  Date                 #                  Balance        #                 Balance
  07/16/96
  
  06/14/96
  
  05/15/96
  
  04/16/96
  
  03/14/96
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  Distribution           REO                               Modifications
  Date                #                  Balance        #                 Balance
  07/16/96
  
  06/14/96
  
  05/15/96
  
  04/16/96
  
  03/14/96
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  Distribution           Prepayments                       Next Weighted Avg.
  Date                   #                  Balance        Coupon            Remit
  07/16/96                                                8.78699%         8.6502%
  06/14/96                                                8.63525%         8.5305%
  05/15/96                                                8.82185%         8.7151%
  04/16/96                                                8.67011%         8.5634%
  03/14/96                                                8.79002%         8.6833%
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  Note:  Foreclosure and REO Totals are Included in the
         Appropriate Delinquency Aging Category
  
  Distribution of Principal Balances
  Current
  Scheduled                                                Scheduled
  Principal                                 Number         Principal
  Balances                                  of Loans       Balance
  $0 to $300000
  $300001 to $1000000                                     4        3,687,970
  $1000001 to $1300000                                    9       10,470,388
  $1300001 to $1600000                                    3        4,431,543
  $1600001 to $1800000                                    8       13,660,708
  $1800001 to $2100000                                    7       13,545,752
  $2100001 to $2500000                                   16       37,085,613
  $2500001 to $3000000                                   11       30,587,452
  $3000001 to $3300000                                    5       15,611,133
  $3300001 to $4800000                                    8       33,102,615
  $4800001 to $5500000                                   10       51,185,320
  $5500001 to $6300000                                    4       23,800,999
  $6300001 to $7800000                                    5       34,769,340
  $7800001 to $9300000                                    4       32,314,776
  $9300001 to $10800000                                   3       30,484,188
  $10800001 to $12300000                                  1       10,863,211
  $12300001 to $13800000                                  6       76,222,508
  $13800001 to $16800000                                  5       80,141,202
  $16800001 to $18300000                                  3       52,968,259
  $18300001 and above                                    12      311,984,473
  Total                                                 124      866,917,448
  
  Average Scheduled Balance is                                     7,001,340
  Maximum Scheduled Balance is                                    58,270,554
  Minimum Scheduled Balance is                                       836,622
  
  Distribution of Principal Balances
  Current
  Scheduled
  Principal                                                Based on
  Balances                                                 Balance
  $0 to $300000
  $300001 to $1000000                                                   0.43%
  $1000001 to $1300000                                                  1.21%
  $1300001 to $1600000                                                  0.51%
  $1600001 to $1800000                                                  1.58%
  $1800001 to $2100000                                                  1.56%
  $2100001 to $2500000                                                  4.28%
  $2500001 to $3000000                                                  3.53%
  $3000001 to $3300000                                                  1.80%
  $3300001 to $4800000                                                  3.82%
  $4800001 to $5500000                                                  5.90%
  $5500001 to $6300000                                                  2.75%
  $6300001 to $7800000                                                  4.01%
  $7800001 to $9300000                                                  3.73%
  $9300001 to $10800000                                                 3.52%
  $10800001 to $12300000                                                1.25%
  $12300001 to $13800000                                                8.79%
  $13800001 to $16800000                                                9.24%
  $16800001 to $18300000                                                6.11%
  $18300001 and above                                                  35.99%
                         Total                                        100.00%
  
  Average Scheduled Balance is                                     7,001,340
  Maximum Scheduled Balance is                                    58,270,554
  Minimum Scheduled Balance is                                       836,622
  
  
  
  
  Distribution of Property Types
                                                           Scheduled
                                            Number         Principal
  Property Types                            of Loans       Balance
  Multifamily                                            33      228,535,785
  Hospitality                                            30      203,377,910
  Medical Office Building                                11      173,020,476
  Mobile Home Park                                       32      121,066,382
  Retail-Anchored                                         7       67,383,206
  Reseach & development facility                          2       37,602,861
  Office                                                  5       22,644,384
  Retail-Single Tenant                                    4       13,286,446
  
                         Total                          124      866,917,448
  
  Distribution of Property Types
                                            Based on
  Property Types                            Balance
  Multifamily                                        26.36%
  Hospitality                                        23.46%
  Medical Office Building                            19.96%
  Mobile Home Park                                   13.97%
  Retail-Anchored                                     7.77%
  Reseach & development facility                      4.34%
  Office                                              2.61%
  Retail-Single Tenant                                1.53%
  
                         Total                      100.00%
  
  Distribution of Mortgage Interest Rates
  Current
  Mortgage                                                 Scheduled
  Interest                                  Number         Principal
  Rate (1)                                  of Loans       Balance
  7.250% or less
  7.251% to 7.500%                                        3       24,098,284
  7.501% to 7.750%                                        8      113,880,261
  7.751% to 8.000%                                       14      100,524,076
  8.001% to 8.250%                                       11       58,163,100
  8.251% to 8.500%                                       18       56,450,126
  8.501% to 8.750%                                       15       99,388,031
  8.751% to 9.000%                                       19      129,589,838
  9.001% to 9.250%                                       12       68,989,611
  9.251% to 9.500%                                       14      112,761,879
  9.501% to 9.750%                                        4       32,739,431
  9.751% to 10.000%                                       3       49,739,793
  10.001% to 10.250%                                      3       20,593,019
  10.251% to 10.500%
  10.751% & above
                         Total                          124      866,917,448
  
  Weighted Average Mortgage Interest Rate is                          8.6351%
  Minimum Mortgage Interest Rate is                                   7.2700%
  Maximum Mortgage Interest Rate is                                  10.2000%
  
  Distribution of Mortgage Interest Rates
  Current
  Mortgage
  Interest                                                 Based on
  Rate (1)                                                 Balance
  7.250% or less
  7.251% to 7.500%                                                      2.78%
  7.501% to 7.750%                                                     13.14%
  7.751% to 8.000%                                                     11.60%
  8.001% to 8.250%                                                      6.71%
  8.251% to 8.500%                                                      6.51%
  8.501% to 8.750%                                                     11.46%
  8.751% to 9.000%                                                     14.95%
  9.001% to 9.250%                                                      7.96%
  9.251% to 9.500%                                                     13.01%
  9.501% to 9.750%                                                      3.78%
  9.751% to 10.000%                                                     5.74%
  10.001% to 10.250%                                                    2.38%
  10.251% to 10.500%
  10.751% & above
                         Total                                        100.00%
  
  Weighted Average Mortgage Interest Rate is                           8.635%
  Minimum Mortgage Interest Rate is                                    7.270%
  Maximum Mortgage Interest Rate is                                   10.200%
  
  
  Geographic Distribution
  Not
  Applicable
  on Loan Level
  
  
  Loan Seasoning                                           Scheduled
                                            Number         Princpal
  Number of Years                           of Loans       Balance
  1 year or less                                        124      866,917,448
   1+ to 2 years
  2+ to 3 years
  3+ to 4 years
  4+ to 5 years
  5+ to 6 years
  6+ to 7 years
  7+ to 8 years
  8+ to 9 years
  9+ to 10 years
  10  years or more
                         Total                          124      866,917,448
  Weighted Average Seasoning is                                           5.7
  
  Loan Seasoning
                                            Based on
  Number of Years                           Balance
  1 year or less                                    100.00%
   1+ to 2 years
  2+ to 3 years
  3+ to 4 years
  4+ to 5 years
  5+ to 6 years
  6+ to 7 years
  7+ to 8 years
  8+ to 9 years
  9+ to 10 years
  10  years or more
                         Total                      100.00%
  
  Distribution of Amortization Type
                                                           Scheduled
                                            Number         Principal
  Amortization Type                         of Loans       Balance
  Fully Amortizing                                       81      724,171,636
  Amortizing Balloon                                     43      142,745,812
  
                         Total                          124      866,917,448
  
  Distribution of Amortization Type
                                            Based on
  Amortization Type                         Balance
  Fully Amortizing                                   83.53%
  Amortizing Balloon                                 16.47%
  
                         Total                      100.00%
  
  
  Distribution of Remaining Term
  Fully Amortizing                                         Scheduled
  Fully Amortizing                          Number         Principal
  Mortgage Loans                            of Loans       Balance
  60 months or less
  61 to 120 months
  121 to 180 months                                       1        2,151,472
  181 to 240 months                                      24      174,670,458
  241 to 360 months                                      56      547,349,706
  Total                                                  81      724,171,636
  
  Weighted Average Months to Maturity is                                  299
  
  Distribution of Remaining Term
  Fully Amortizing                          Based on
  Fully Amortizing                          Balance
  Mortgage Loans
  60 months or less
  61 to 120 months
  121 to 180 months                                   0.25%
  181 to 240 months                                  20.15%
  241 to 360 months                                  63.14%
  Total                                              83.53%
  
  Distribution of Remaining Term
  Balloon Loans                                            Scheduled
  Balloon                                   Number         Principal
  Mortgage Loans                            of Loans       Balance
  12 months or less
  13 to 24 months
  25 to 36 months
  37 to 48 months                                         1        3,035,399
  49 to 60 months                                        38      130,037,074
  61 to 120 months                                        2        2,078,901
  121 to 180 months                                       2        7,594,438
  181 to 240 months
  Total                                                  43      142,745,812
  
  Weighted Average Months to Maturity is                116
  
  
  Distribution of Remaining Term
  Balloon Loans
  Balloon                                   Based on
  Mortgage Loans                            Balance
  12 months or less
  13 to 24 months
  25 to 36 months
  37 to 48 months                                     0.35%
  49 to 60 months                                    15.00%
  61 to 120 months                                    0.24%
  121 to 180 months                                   0.88%
  181 to 240 months
  Total                                              16.47%
  
  Distribution of DSCR
  Not
  Available
  
  NOI Aging
  Not
  Available
  
  Loan Level  Detail
                                                           Special
  Offering                                                 Servicer
  Circular               Property                          Transfer
  Control #              Type                              Date              State
  
                        1Multifamily                                         TX
                        2Multifamily                                         MI
                        3Multifamily                                         CA
                        4Multifamily                                         GA
                        5Multifamily                                         AL
                        6Multifamily                                         AZ
                        7Multifamily                                         AZ
                        8Multifamily                                         NY
                        9Multifamily                                         FL
                       10Multifamily                                         UT
                       11Multifamily                                         TX
                       12Multifamily                                         CA
                       13Multifamily                                         IA
                       14Multifamily                                         TX
                       15Multifamily                                         MA
                       16Multifamily                                         NJ
                       17Multifamily                                         TX
                       18Multifamily                                         MI
                       19Multifamily                                         MO
                       20Multifamily                                         TX
                       21Multifamily                                         DE
                       22Multifamily                                         TX
                       23Multifamily                                         CO
                       24Multifamily                                         OK
                       25Multifamily                                         MI
                       26Multifamily                                         OK
                       27Multifamily                                         TX
                       28Multifamily                                         CA
                       29Multifamily                                         AZ
                       30Multifamily                                         CA
                       31Multifamily                                         DC
                       32Multifamily                                         CO
                       33Multifamily                                         DC
                       34Mobile Home Park                                    MI
                       35Mobile Home Park                                    OR
                       36Mobile Home Park                                    FL
                       37Mobile Home Park                                    CO
                       38Mobile Home Park                                    AZ
                       39Mobile Home Park                                    MI
                       40Mobile Home Park                                    MI
                       41Mobile Home Park                                    WA
                       42Mobile Home Park                                    CA
                       43Mobile Home Park                                    FL
                       44Mobile Home Park                                    MD
                       45Mobile Home Park                                    MN
                       46Mobile Home Park                                    CO
                       47Mobile Home Park                                    IN
                       48Mobile Home Park                                    CA
                       49Mobile Home Park                                    MN
                       50Mobile Home Park                                    OH
                       51Mobile Home Park                                    IL
                       52Mobile Home Park                                    CO
                       53Mobile Home Park                                    IL
                       54Mobile Home Park                                    MN
                       55Mobile Home Park                                    OR
                       56Mobile Home Park                                    ND
                       57Mobile Home Park                                    TX
                       58Mobile Home Park                                    OR
                       59Mobile Home Park                                    MO
                       60Mobile Home Park                                    CO
                       61Mobile Home Park                                    CO
                       62Mobile Home Park                                    MI
                       63Mobile Home Park                                    FL
                       64Mobile Home Park                                    OR
                       65Mobile Home Park                                    TX
                       66Office                                              UT
                       67Office                                              CA
                       68Office                                              CA
                       69Office                                              CA
                       70Office                                              LA
                       71Reseach & development facility                      MI
                       72Reseach & development facility                      CA
                       73Retail-Anchored                                     FL
                       74Retail-Anchored                                     TX
                       75Retail-Anchored                                     MI
                       76Retail-Anchored                                     PA
                       77Retail-Anchored                                     AZ
                       78Retail-Anchored                                     TX
                       79Retail-Anchored                                     CO
                       80Retail-Single Tenant                                CA
                       81Retail-Single Tenant                                FL
                       82Retail-Single Tenant                                TX
                       83Retail-Single Tenant                                NY
                       84Medical Office Building                             NJ
                       85Medical Office Building                             CA
                       86Medical Office Building                             IL
                       87Medical Office Building                             MO
                       88Medical Office Building                             IL
                       89Medical Office Building                             IL
                       90Medical Office Building                             IL
                       91Medical Office Building                             NJ
                       92Medical Office Building                             NC
                       93Medical Office Building                             TX
                       94Medical Office Building                             IL
                       95Hospitality                                         VA
                       96Hospitality                                         MO
                       97Hospitality                                         UT
                       98Hospitality                                         TX
                       99Hospitality                                         TX
                      100Hospitality                                         TN
                      101Hospitality                                         MD
                      102Hospitality                                         MD
                      103Hospitality                                         AL
                      104Hospitality                                         LA
                      105Hospitality                                         ME
                      106Hospitality                                         NC
                      107Hospitality                                         TX
                      108Hospitality                                         NE
                      109Hospitality                                         CT
                      110Hospitality                                         CO
                      111Hospitality                                         NC
                      112Hospitality                                         GA
                      113Hospitality                                         WA
                      114Hospitality                                         LA
                      115Hospitality                                         NC
                      116Hospitality                                         AZ
                      117Hospitality                                         MA
                      118Hospitality                                         VA
                      119Hospitality                                         AZ
                      120Hospitality                                         GA
                      121Hospitality                                         VA
                      122Hospitality                                         MD
                      123Hospitality                                         TN
                      124Hospitality                                         VA
                      125SMI Certificate
  
  
  Offering                                  Ending
  Circular               Maturity           Scheduled      Note
  Control #              Date               Balance        Rate
  
                        101/11/2026             58,270,554            7.6900%
                        202/11/2026             19,580,940            7.8350%
                        302/11/2026             16,344,648            7.7300%
                        402/11/2026             15,940,302            7.2700%
                        502/11/2026             12,956,244            8.0500%
                        602/11/2026             12,756,799            7.7300%
                        702/11/2026             10,863,211            7.7300%
                        802/11/2026              8,422,851            8.2800%
                        901/11/2026              6,573,786            8.1500%
                       1011/11/2005              5,752,846            8.3585%
                       1109/11/2015              5,417,383            8.9800%
                       1201/11/2006              5,067,908            8.1200%
                       1312/11/2005              4,104,009            8.2150%
                       1402/11/2026              3,886,837            7.7300%
                       1510/11/2020              3,812,721            8.9100%
                       1611/11/2005              3,176,249            8.9200%
                       1702/11/2001              3,035,399            8.6600%
                       1802/11/2026              2,989,593            7.9000%
                       1912/11/2005              2,918,995            8.3100%
                       2002/11/2026              2,689,774            7.4600%
                       2103/11/2021              2,688,040            7.7400%
                       2208/11/2005              2,385,118            9.0300%
                       2309/11/2005              2,376,605            8.6610%
                       2401/11/2006              2,285,127            7.9500%
                       2509/11/2015              2,177,055            8.2400%
                       2601/11/2006              2,185,751            7.9400%
                       2711/11/2002              1,894,773            8.4800%
                       2810/11/2005              1,663,156            8.5200%
                       2912/11/2025              1,622,721            8.3500%
                       3010/11/2005              1,566,201            8.5200%
                       3101/11/2011              1,182,572            8.1700%
                       3211/11/2005              1,051,287            8.2900%
                       3302/11/2011                896,329            8.1700%
                       3402/11/2026             17,937,558            7.9000%
                       3502/11/2026             13,303,081            7.8350%
                       3612/11/2020              9,923,819            7.9100%
                       3702/11/2026              6,776,101            7.8350%
                       3802/11/2026              5,425,863            7.8350%
                       3902/11/2026              5,082,308            7.9000%
                       4008/11/2005              4,943,979            8.4100%
                       4102/11/2026              4,982,427            7.8350%
                       4202/11/2006              4,683,366            7.8000%
                       4311/11/2005              3,671,858            8.7700%
                       4403/11/2006              3,216,848            8.3450%
                       4511/11/2005              3,149,852            8.5200%
                       4602/11/2006              2,983,887            7.9500%
                       4701/11/2003              2,882,839            8.5000%
                       4808/11/2020              2,372,894            8.3600%
                       4901/11/2006              2,384,255            7.8600%
                       5010/11/2005              2,330,046            8.8400%
                       5101/11/2021              2,206,948            8.5400%
                       5211/11/2020              2,196,763            9.1800%
                       5301/11/2021              2,067,771            8.5400%
                       5401/11/2006              1,988,242            8.5400%
                       5511/11/2005              1,935,831            9.0500%
                       5601/11/2006              1,838,728            8.3200%
                       5712/11/2005              1,787,346            8.4100%
                       5803/11/2021              1,792,822            8.3900%
                       5903/11/2006              1,783,380            8.8500%
                       6011/11/2020              1,488,975            8.9800%
                       6111/11/2005              1,376,367            8.4400%
                       6208/11/2005              1,226,747            8.3100%
                       6302/11/2006              1,243,415            8.0700%
                       6409/11/2020              1,089,154            8.5900%
                       6512/11/2005                992,913            8.3600%
                       6610/11/2020              7,991,453            9.2900%
                       6702/11/2021              5,468,208            7.4900%
                       6802/11/2021              4,975,190            8.4400%
                       6902/11/2021              3,032,785            7.6400%
                       7002/11/2021              1,176,747            8.0500%
                       7111/11/2005             20,594,366            8.5800%
                       7208/11/2020             17,008,495            9.3600%
                       7302/11/2021             20,298,058            8.1250%
                       7401/11/2026             19,432,839            8.8500%
                       7511/11/2005             10,531,285            8.7700%
                       7601/11/2021              6,037,387            7.7450%
                       7710/11/2002              6,017,047            8.7900%
                       7802/11/2016              2,579,614            8.7500%
                       7902/11/2006              2,486,977            8.1400%
                       8001/11/2006              7,379,980            8.3500%
                       8102/11/2021              3,726,966            8.9700%
                       8211/11/2005              1,217,394            9.2600%
                       8310/11/2005                962,105            9.1000%
                       8411/11/2020             37,293,359            9.8600%
                       8501/11/2018             29,807,450            9.4500%
                       8612/11/2020             21,624,853            8.8800%
                       8702/11/2016             18,743,121            9.2400%
                       8802/11/2021             15,429,888            8.6900%
                       8912/11/2020             12,428,077            8.8800%
                       9012/11/2020             12,428,077            8.8800%
                       9110/11/2020             10,029,084            9.9100%
                       9211/11/2020              8,054,145            9.7300%
                       9312/11/2020              4,975,195            9.6000%
                       9412/11/2020              2,207,226            8.8800%
                       9502/11/2016             23,201,149            8.6800%
                       9602/11/2016             22,485,651            9.2700%
                       9702/11/2016             20,652,132            9.2500%
                       9801/11/2021             18,022,205            9.7100%
                       9901/11/2016             16,598,989            8.5500%
                      10009/11/2015             15,827,374           10.1900%
                      10102/11/2021             12,350,231            9.3500%
                      10203/11/2021              7,846,326            8.9450%
                      10311/11/2015              7,610,815            9.4800%
                      10412/11/2015              6,428,658            8.8100%
                      10502/11/2021              5,993,719            9.2200%
                      10602/11/2016              4,846,858            9.2100%
                      10701/11/2016              4,707,060            9.1000%
                      10811/11/2015              4,509,798            9.2800%
                      10902/11/2016              2,779,276            9.2100%
                      11011/11/2015              2,765,482            8.9800%
                      11101/11/2016              2,695,779            9.2200%
                      11209/11/2015              2,614,173           10.0900%
                      11312/11/2015              2,472,390            8.7600%
                      11412/11/2015              2,449,636            9.3600%
                      11510/11/2015              2,417,350            9.8300%
                      11610/11/2010              2,151,472           10.2000%
                      11712/11/2015              1,979,709            9.4400%
                      11802/11/2016              1,840,697            8.6400%
                      11902/11/2016              1,687,885            9.5100%
                      12001/11/2016              1,685,013            9.3000%
                      12102/11/2021              1,638,385            9.3400%
                      12202/11/2021              1,191,225            9.3400%
                      12302/11/2016              1,091,848            9.2000%
                      12402/11/2021                836,622            9.3400%
                      12502/14/2026              8,250,000            6.3410%
                                               875,167,448
  
  Offering               Scheduled
  Circular               Principal          Prepayments    Prepayment
  Control #              Payment            /Liquidations  Date
  
                        1            42,986
                        2            13,992
                        3            11,902
                        4            12,717
                        5             8,869
                        6             9,289
                        7             7,910
                        8             5,505
                        9             4,443
                       10             6,038
                       11             5,233
                       12             5,439
                       13             4,373
                       14             2,830
                       15             3,694
                       16             3,046
                       17             2,962
                       18             2,109
                       19             3,063
                       20             2,071
                       21             3,019
                       22             1,404
                       23             2,416
                       24             2,520
                       25             2,366
                       26             2,414
                       27             1,951
                       28             1,068
                       29             1,062
                       30             1,006
                       31             1,259
                       32             1,116
                       33               947
                       34            12,653
                       35             9,506
                       36            11,099
                       37             4,842
                       38             3,877
                       39             3,585
                       40             5,273
                       41             3,560
                       42             3,370
                       43             3,608
                       44             2,059
                       45             3,222
                       46             3,265
                       47             2,911
                       48             2,551
                       49             2,667
                       50             2,283
                       51             2,214
                       52             2,020
                       53             2,074
                       54             1,995
                       55             1,818
                       56             1,911
                       57             1,846
                       58             1,813
                       59             1,673
                       60             1,414
                       61             1,426
                       62             2,188
                       63             1,335
                       64             1,120
                       65             1,034
                       66             7,280
                       67             6,438
                       68             5,032
                       69             3,487
                       70             1,267
                       71            34,935
                       72            15,387
                       73            21,563
                       74            11,400
                       75            10,348
                       76             6,878
                       77             5,943
                       78             4,137
                       79             2,640
                       80             7,634
                       81             3,458
                       82             1,105
                       83               904
                       84            30,392
                       85            35,321
                       86            20,565
                       87            28,231
                       88            14,955
                       89            11,819
                       90            11,819
                       91             8,256
                       92             6,709
                       93             4,198
                       94             2,099
                       95            37,480
                       96            33,740
                       97            31,067
                       98            14,840
                       99            27,915
                      100            21,837
                      101            10,736
                      102             7,249
                      103            11,458
                      104            10,417
                      105             5,337
                      106             7,339
                      107             7,292
                      108             6,959
                      109             4,208
                      110             4,428
                      111             4,115
                      112             3,719
                      113             4,031
                      114             3,708
                      115             3,518
                      116             5,576
                      117             2,967
                      118             2,988
                      119             2,461
                      120             2,546
                      121             1,427
                      122             1,037
                      123             1,655
                      124               728
                      125
                                    894,209
  
  Offering               Paid               Prepayment     Loan
  Circular               Through            Premium        Status
  Control #              Date               Amount         Code (*)
  
                        107/11/96
                        207/11/96
                        307/11/96
                        407/11/96
                        507/11/96
                        607/11/96
                        707/11/96
                        807/11/96
                        907/11/96
                       1007/11/96
                       1107/11/96
                       1207/11/96
                       1307/11/96
                       1407/11/96
                       1507/11/96
                       1607/11/96
                       1707/11/96
                       1807/11/96
                       1907/11/96
                       2007/11/96
                       2107/11/96
                       2207/11/96
                       2307/11/96
                       2407/11/96
                       2507/11/96
                       2607/11/96
                       2707/11/96
                       2807/11/96
                       2907/11/96
                       3007/11/96
                       3107/11/96
                       3207/11/96
                       3307/11/96
                       3407/11/96
                       3507/11/96
                       3607/11/96
                       3707/11/96
                       3807/11/96
                       3907/11/96
                       4007/11/96
                       4107/11/96
                       4207/11/96
                       4307/11/96
                       4407/11/96
                       4507/11/96
                       4607/11/96
                       4707/11/96
                       4807/11/96
                       4907/11/96
                       5007/11/96
                       5107/11/96
                       5207/11/96
                       5307/11/96
                       5407/11/96
                       5507/11/96
                       5607/11/96
                       5707/11/96
                       5807/11/96
                       5907/11/96
                       6007/11/96
                       6107/11/96
                       6207/11/96
                       6307/11/96
                       6407/11/96
                       6507/11/96
                       6607/11/96
                       6707/11/96
                       6807/11/96
                       6907/11/96
                       7007/11/96
                       7107/11/96
                       7207/11/96
                       7307/11/96
                       7407/11/96
                       7507/11/96
                       7607/11/96
                       7707/11/96
                       7807/11/96
                       7907/11/96
                       8007/11/96
                       8107/11/96
                       8207/11/96
                       8307/11/96
                       8407/11/96
                       8507/11/96
                       8607/11/96
                       8707/11/96
                       8807/11/96
                       8907/11/96
                       9007/11/96
                       9106/11/96
                       9207/11/96
                       9307/11/96
                       9407/11/96
                       9507/11/96
                       9607/11/96
                       9707/11/96
                       9807/11/96
                       9907/11/96
                      10007/11/96
                      10107/11/96
                      10207/11/96
                      10307/11/96
                      10407/11/96
                      10507/11/96
                      10607/11/96
                      10707/11/96
                      10807/11/96
                      10907/11/96
                      11007/11/96
                      11107/11/96
                      11207/11/96
                      11307/11/96
                      11407/11/96
                      11507/11/96
                      11607/11/96
                      11707/11/96
                      11807/11/96
                      11907/11/96
                      12007/11/96
                      12107/11/96
                      12207/11/96
                      12307/11/96
                      12407/11/96
                      12506/15/96
  
  
  (*)   Legend:
  1)  Specially Serviced
  2) Foreclosure
  3)  Bankruptcy
  4) REO
  5) Prepay in Full
  6) DPO
  7) Foreclosure Sale
  8) Bankruptcy Sale
  9) REO Disposition
  10) Modification/Workout
  
  Specially Serviced Loan Detail
  No specially serviced mortgage loans as of the current Due Date.
                         Offering           Sched          Sched
  Distribution           Circular           Principal      Interest
  Date                   Control #          Balance        Rate
  
  
  
  
                                    No specially serviced mortgage loans as of the
  current Du
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
                                                                      Date of last
  Distribution           Maturity           Property                    Operating
  Date                   Date               Type           State          Stmt
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
                                            Debt Service   Specially
  Distribution           Net Operating      Coverage       Serviced
  Date                   Income             Ratio          Status Code (*)
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  * Legend :
  1)  Request for waiver of Prepayment Penalty
  2)   Payment default
  3)  Request for Loan Modification or Workout
  4)  Loans with Borrower Bankruptcy
  5)  Loans in Process of Foreclosure
  6)  Loans now REO Property
  7)  Loans Paid Off
  8)  Loans Returned to Master Servicer
  
  Modified Loan Detail
  No modified loans as of the current Due Date.
  
                         Offering
  Distribution           Circular           Modification   Modification
  Date                   Control #          Date           Description
  
  
  
                                     No modified loans as of the current Due Date.
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  Note:  Aggregate liquidation expenses also include outstanding
  P&I advances and unpaid servicing fees, unpaid special servicing
  fees, unpaid trustee fees, etc..
  
  Realized Loss Detail
  No Realized Loss loans as of the current Due Date.
                                                         Appraisal
                     Offering                          Value/            Sched
  Distribution       Circular           Appraisal      Brokers           Principal
  Date                Control #          Date           Estimate          Balance
  
  
  
  
                                     No Realized Loss loans as of the current Due 
  Date.
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  Current Total
  Cumulative
  
  Note:  Aggregate liquidation expenses also include outstanding
  P&I advances and unpaid servicing fees, unpaid special servicing
  fees, unpaid trustee fees, etc..
  
                                            Gross Proceeds
                                            as a % of      Aggregate
  Distribution           Gross              Scheduled      Liquidation
  Date                   Proceeds           Principal      Expenses *
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  Current Total
  Cumulative
  
                                            Net Proceeds
                         Net                as a % of      Current
  Distribution           Liquidation        Scheduled      Realized
  Date                   Proceeds           Balance        Loss
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  Current Total
  Cumulative
metadata_documents: [{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 68486}]
metadata_filer: {"company-data": {"conformed-name": "ASSET SECUR COR COMM MORT PASS TH CERT SER 1996 D2", "cik": "0001012457", "assigned-sic": "0000", "state-of-incorporation": "NY", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "033-99502-01", "film-number": "96597814"}, "business-address": {"street1": "2 WORLD FINANCIAL CENTER", "street2": "BLDG B 21ST FL", "city": "NEW YORK", "state": "NY", "zip": "10281", "phone": "2126671653"}}
text: ABN AMRO
  LaSalle National Bank
  
  Administrator:
    Mary Collier  (800) 246-5761
    135 S. LaSalle Street   Suite 1740
    Chicago, IL   60603
  
  ^Asset Securitization Corporation
  ^Pacific Mutual Life Insurance Company as Servicer
  ^Pacific Mutual Life Insurance Company as Special Servicer
  ^Commercial Mortgage Pass-Through Certificates
  ^Series 1996-D2
  ^ABN AMRO Acct: 67-7484-92-5
  
  Statement Date:                           07/16/96
  Payment Date:                             07/16/96
  Prior Payment:                            NA
  Record Date:                              07/10/96
  
  WAC:                                            8.637917%
  WAMM:                                                 268
  
  ^Upper Tier
                     Original                          Opening           Principal
  Class               Face Value (1)                    Balance           Payment
  CUSIP             Per $1000                         Per $1000         Per $1000
  
  A-1              624,411,011.00                   621,020,539.24      894,208.55
  045424BF4                      1000.000000                       994.570128 
  1.432083
  A-CS1                      174,411,011.00 N                 171,020,539.24
  045424BG2                      1000.000000                       980.560449
  A-CS2                      590,712,339.00 N                 590,712,339.00
  045424BH0                      1000.000000                      1000.000000
  A-2                         52,767,127.00                    52,767,127.00
  045424BJ6                      1000.000000                      1000.000000
  A-3                         52,767,127.00                    52,767,127.00
  045424BK3                      1000.000000                      1000.000000
  A-4                         35,178,085.00                    35,178,085.00
  045424BL1,UO4509AU62           1000.000000                      1000.000000
  B-1A                         8,250,000.00                     8,250,000.00
  045424BM9,UO4509AV4            1000.000000                      1000.000000
  B-1B                        46,495,894.00                    46,495,894.00
  045424BY3,UO4509AW2            1000.000000                      1000.000000
  B-1H                        11,213,015.00                    11,213,015.00
  045424BN7,UO4509AX0            1000.000000                      1000.000000
  B-2                         29,197,811.00                    29,197,811.00
  045424BP2,UO4509AY8            1000.000000                      1000.000000
  B-2H                         5,980,274.00                     5,980,274.00
  045424BQ0,UO4509AZ5            1000.000000                      1000.000000
  B-3                         10,948,180.00                    10,948,180.00
  045424BR8,UO4509BA9            1000.000000                      1000.000000
  B-3Q                             1,000.65                         1,000.65
  045424BT4                      1000.000000                      1000.000000
  B-3H                         2,242,603.00                     2,242,603.00
  045424BS6,UO4509BB7            1000.000000                      1000.000000
  R                                    0.00
  045424BW7                      1000.000000
                   879,452,127.65                   876,061,655.89      894,208.55
  
                         Principal          Negative       Closing
  Class                  Adj. or Loss       Amortization   Balance
  CUSIP                  Per $1000          Per $1000      Per $1000
  
  A-1                                                         620,126,330.69
  045424BF4                                                        993.138045
  A-CS1                                                       170,126,330.69
  045424BG2                                                        975.433430
  A-CS2                                                       590,712,339.00
  045424BH0                                                       1000.000000
  A-2                                                          52,767,127.00
  045424BJ6                                                       1000.000000
  A-3                                                          52,767,127.00
  045424BK3                                                       1000.000000
  A-4                                                          35,178,085.00
  045424BL1,UO4509AU62                                            1000.000000
  B-1A                                                          8,250,000.00
  045424BM9,UO4509AV4                                             1000.000000
  B-1B                                                         46,495,894.00
  045424BY3,UO4509AW2                                             1000.000000
  B-1H                                                         11,213,015.00
  045424BN7,UO4509AX0                                             1000.000000
  B-2                                                          29,197,811.00
  045424BP2,UO4509AY8                                             1000.000000
  B-2H                                                          5,980,274.00
  045424BQ0,UO4509AZ5                                             1000.000000
  B-3                                                          10,948,180.00
  045424BR8,UO4509BA9                                             1000.000000
  B-3Q                                                              1,000.65
  045424BT4                                                       1000.000000
  B-3H                                                          2,242,603.00
  045424BS6,UO4509BB7                                             1000.000000
  R
  045424BW7
  
                                                              875,167,447.34
  Total P&I Payment                                             7,122,424.29
  
                         Interest           Interest       Pass-Through
  Class                  Payment            Adjustment     Rate (2)
  CUSIP                  Per $1000          Per $1000      Next Rate (3)
  
  A-1                          3,581,218.44                         6.920000%
  045424BF4                         5.735354                        6.920000%
  A-CS1                          229,623.85                         1.611202%
  045424BG2                         1.316567                        1.730228%
  A-CS2                          734,506.21                         1.492109%
  045424BH0                         1.243425                        1.582783%
  A-2                            317,095.34                         7.211202%
  045424BJ6                         6.009335                        7.330228%
  A-3                            325,450.13                         7.401202%
  045424BK3                         6.167668                        7.520228%
  A-4                            227,520.18                         7.761202%
  045424BL1,UO4509AU62              6.467668                        7.880228%
  B-1A                            58,652.01                         8.531202%
  045424BM9,UO4509AV4               7.109335                        8.650228%
  B-1B                           330,554.88                         8.531202%
  045424BY3,UO4509AW2               7.109335                        8.650228%
  B-1H                            79,717.08                         8.531202%
  045424BN7,UO4509AX0               7.109335                        8.650228%
  B-2                            207,577.02                         8.531202%
  045424BP2,UO4509AY8               7.109335                        8.650228%
  B-2H                            42,515.77                         8.531202%
  045424BQ0,UO4509AZ5               7.109335                        8.650228%
  B-3                             77,834.28                         8.531202%
  045424BR8,UO4509BA9               7.109335                        8.650228%
  B-3Q                                 7.11                         8.531202%
  045424BT4                         7.109335                        8.650228%
  B-3H                            15,943.42                         8.531202%
  045424BS6,UO4509BB7               7.109337                        8.650228%
  R                                                                  None
  045424BW7
                               6,228,215.74
  
  Notes:  (1) N denotes notional balance not included in total
  (2) Interest Paid minus Interest Adjustment minus Deferred
  Interest equals Accrual    (3) Estimated
  
  ^Lower Tier
                     Original                          Opening           Principal
  Class              Face Value (1)                    Balance           Payment
  CUSIP              Per $1000                         Per $1000         Per $1000
  
  A-1A-L           174,411,011.00                   171,020,539.24      894,208.55
  None                           1000.000000                       980.560449  
  5.127019
  A-1B-L                     450,000,000.00                   450,000,000.00
  None                           1000.000000                      1000.000000
  A-2-L                       52,767,127.00                    52,767,127.00
  None                           1000.000000                      1000.000000
  A-3-L                       52,767,127.00                    52,767,127.00
  None                           1000.000000                      1000.000000
  A-4-L                       35,178,085.00                    35,178,085.00
  None                           1000.000000                      1000.000000
  B-1A-L                       8,250,000.00                     8,250,000.00
  None                           1000.000000                      1000.000000
  B-1B-L                      46,495,894.00                    46,495,894.00
  None                           1000.000000                      1000.000000
  B-1H-L                      11,213,015.00                    11,213,015.00
  None                           1000.000000                        12.750000
  B-2-L                       29,197,811.00                    29,197,811.00
  None                           1000.000000                      1000.000000
  B-2H-L                       5,980,274.00                     5,980,274.00
  None                           1000.000000                      1000.000000
  B-3-L                       10,948,180.00                    10,948,180.00
  None                           1000.000000                      1000.000000
  B-3Q                             1,000.65                         1,000.65
  None                           1000.000000                      1000.000000
  B-3H-L                       2,242,603.00                     2,242,603.00
  None                           1000.000000                      1000.000000
  LR                                   0.00
  045424BX5                      1000.000000
  
                  879,452,127.65                   876,061,655.89      894,208.55
  
  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 $1000          Per $1000      Per $1000
  
  A-1A-L                                                      170,126,330.69
  None                                                             975.433430
  A-1B-L                                                      450,000,000.00
  None                                                            1000.000000
  A-2-L                                                        52,767,127.00
  None                                                            1000.000000
  A-3-L                                                        52,767,127.00
  None                                                            1000.000000
  A-4-L                                                        35,178,085.00
  None                                                            1000.000000
  B-1A-L                                                        8,250,000.00
  None                                                            1000.000000
  B-1B-L                                                       46,495,894.00
  None                                                            1000.000000
  B-1H-L                                                       11,213,015.00
  None                                                              12.750000
  B-2-L                                                        29,197,811.00
  None                                                            1000.000000
  B-2H-L                                                        5,980,274.00
  None                                                            1000.000000
  B-3-L                                                        10,948,180.00
  None                                                            1000.000000
  B-3Q                                                              1,000.65
  None                                                            1000.000000
  B-3H-L                                                        2,242,603.00
  None                                                            1000.000000
  LR
  045424BX5
  
                                                              875,167,447.34
  
                         Interest           Interest       Pass-Through
  Class                  Payment            Adjustment     Rate (2)
  CUSIP                  Per $1000          Per $1000      Next Rate (3)
  
  A-1A-L                       1,215,842.29                         8.531202%
  None                              6.971133                        8.650228%
  A-1B-L                       3,199,200.72                         8.531202%
  None                              7.109335                        8.650228%
  A-2-L                          375,139.18                         8.531202%
  None                              7.109335                        8.650228%
  A-3-L                          375,139.19                         8.531202%
  None                              7.109335                        8.650228%
  A-4-L                          250,092.79                         8.531202%
  None                              7.109335                        8.650228%
  B-1A-L                          58,652.01                         8.531202%
  None                              7.109335                        8.650228%
  B-1B-L                         330,554.88                         8.531202%
  None                              7.109335                        8.650228%
  B-1H-L                          79,717.08                         8.531202%
  None                              0.090644                        8.650228%
  B-2-L                          207,577.02                         8.531202%
  None                              7.109335                        8.650228%
  B-2H-L                          42,515.77                         8.531202%
  None                              7.109335                        8.650228%
  B-3-L                           77,834.28           0.00          8.531202%
  None                              7.109335       0.000000         8.650228%
  B-3Q                                 7.11           0.00          8.531202%
  None                              7.105382       0.000000         8.650228%
  B-3H-L                          15,943.42                         8.531202%
  None                              7.109338                        8.650228%
  LR                                                               None
  045424BX5
  
                               6,228,215.74           0.00
                                 0.001130209
  
  ^Grantor Trust Certificates
                     Original                          Opening           Principal
  Class               Face Value (1)                    Balance           Payment
  CUSIP              Per $1000                         Per $1000         Per $1000
  
  V-1                                  0.00
  045424BU1                      1000.000000
  V-2                                  0.00
  045424BV9                      1000.000000
  
                         Principal          Negative       Closing
  Class                  Adj. or Loss       Amortization   Balance
  CUSIP                  Per $1000          Per $1000      Per $1000
  
  V-1
  045424BU1
  V-2
  045424BV9
  
                         Total P&I Payment                            235.11
  
                         Interest           Interest       Pass-Through
  Class                  Payment            Adjustment     Rate (2)
  CUSIP                  Per $1000          Per $1000      Next Rate (3)
  
  V-1                                235.11                        None
  045424BU1
  V-2                                                              None
  045424BV9
  
                                     235.11
  
  Amount of Available Funds allocable to principal:
  
  SMI Available Funds allocable to principal
  SMI Certificate Distribution Amount                              43,078.75
  Other Principal Distribution Amount                             719,845.28
  Senior Housing/Healthcare Prin Distrib. Amt                     174,363.27
  
  Advance Summary:                          Beginning      Current
                                            Unreimbursed   Period
  Servicer Property Protection Adv
  Servicer SMI Certificate Adv                                     43,078.75
  Servicer P&I Advances                                            90,562.28
  Trustee P&I Advances
  Fiscal Agent P&I Advance
  
    Total                                                         133,641.03
  
  Advance Summary:                                         Ending
                                            Reimbursed     Unreimbursed
  Servicer Property Protection Adv
  Servicer SMI Certificate Adv                                     43,078.75
  Servicer P&I Advances                                            90,562.28
  Trustee P&I Advances
  Fiscal Agent P&I Advance
  
    Total                                                         133,641.03
  
  Class A-CS-2 ComponentsReduction Interest Distribution Amounts
    A-1B Component
    A-2 Component
    A-3 Component
    A-4 Component
  
  Class A-CS-2 ComponentsReduction Interest Shortfalls
    A-1B Component
    A-2 Component
    A-3 Component
    A-4 Component
  
  Repurchases as per sections 2.03(d), 2.03(e), 3.18, 9.01(c)
  
  Outstanding Principal Balance
  Repurchase Price
  
  Summary of REO Property:
  
  Appraised value of real estate acquired through foreclosure
  or grant of a deed in lieu of foreclosure
  
  Property Name          Date of REO        Principal Balance
  
    Totals
  
                                            Date of Final
  Property Name          Book Value         Recovery
  
    Totals
  
                         Amount             Aggregate Other
  Property Name          of Proceeds        Revenues Collected
  
    Totals
  
  Specially Serviced Mortgage Loans:
                                                           Principal
                         Borrower           Number         Balance
  
  Summary of Expenses:
  
  Current Period Servicing Fees                                    73,671.98
  Current Period Trustee Fees                                       3,650.26
  Current Period Special Servicing Fees
  Additional Servicing Fees, per Section 3.12(a)
  
    Total                                                          77,322.24
  
                                                                       Amount per 
  $1,000
  Prepayment Premiums received during the Collection Period
  Default Interest received during the Collection Period
  Net Default Interest received during the Collection Period
  Excess  Interest received during the Collection Period
  
  Prepayment Premiums received during the Collection Period
  Default Interest received during the Collection Period                    235.11
  Net Default Interest received during the Collection Period                235.11
  Excess  Interest received during the Collection Period
  
                                                           Current
                         Prior              Remaining      Realized
                         Interest           Interest       Loss
  Class                  Shortfall          Shortfall      Allocation
  A-1
  A-CS1
  A-CS2
  A-2
  A-3
  A-4
  B-1A
  B-1B
  B-1H
  B-2
  B-2H
  B-3
  B-3Q
  B-3H
  
  Total
  
                         Aggregate
                         Realized
                         Loss
  Class                  Allocation
  A-1
  A-CS1
  A-CS2
  A-2
  A-3
  A-4
  B-1A
  B-1B
  B-1H
  B-2
  B-2H
  B-3
  B-3Q
  B-3H
  
  Total
  
                                                           Current
  Realized Losses on Mortgage Loans
  Realized Losses on SMI Certificate
  
                                                           Cumulative
  Realized Losses on Mortgage Loans
  Realized Losses on SMI Certificate
  
  Strip Component Balances:                                Beginning
                                                           Principal
                                                           Balance
  A-1A                                                        171,020,539.24
  A-1B                                                        450,000,000.00
  A-2                                                          52,767,127.00
  A-3                                                          52,767,127.00
  A-4                                                          35,178,085.00
  
  SMI Certificate                                               8,250,000.00
  
  Strip Component Balances:                                Ending
                                                           Principal
                                                           Balance
  A-1A                                                        170,126,330.69
  A-1B                                                        450,000,000.00
  A-2                                                          52,767,127.00
  A-3                                                          52,767,127.00
  A-4                                                          35,178,085.00
  
  SMI Certificate                                               8,250,000.00
  
  TOTAL
  Delinquency /Prepayment / Rate History Reporting
  Distribution           Delinq 1 Month                    Delinq 2 Months
  Date                #                  Balance        #                 Balance
  07/16/96
  
  06/14/96
  
  05/15/96
  
  04/16/96
  
  03/14/96
  
  Distribution         Delinq 3+  Months                 Foreclosure / Bankruptcy
  Date                 #                  Balance        #                 Balance
  07/16/96
  
  06/14/96
  
  05/15/96
  
  04/16/96
  
  03/14/96
  
  Distribution           REO                               Modifications
  Date                #                  Balance        #                 Balance
  07/16/96
  
  06/14/96
  
  05/15/96
  
  04/16/96
  
  03/14/96
  
  Distribution           Prepayments                       Next Weighted Avg.
  Date                   #                  Balance        Coupon            Remit
  07/16/96                                                8.78699%         8.6502%
  06/14/96                                                8.63525%         8.5305%
  05/15/96                                                8.82185%         8.7151%
  04/16/96                                                8.67011%         8.5634%
  03/14/96                                                8.79002%         8.6833%
  
  Note:  Foreclosure and REO Totals are Included in the
         Appropriate Delinquency Aging Category
  
  Distribution of Principal Balances
  Current
  Scheduled                                                Scheduled
  Principal                                 Number         Principal
  Balances                                  of Loans       Balance
  $0 to $300000
  $300001 to $1000000                                     4        3,687,970
  $1000001 to $1300000                                    9       10,470,388
  $1300001 to $1600000                                    3        4,431,543
  $1600001 to $1800000                                    8       13,660,708
  $1800001 to $2100000                                    7       13,545,752
  $2100001 to $2500000                                   16       37,085,613
  $2500001 to $3000000                                   11       30,587,452
  $3000001 to $3300000                                    5       15,611,133
  $3300001 to $4800000                                    8       33,102,615
  $4800001 to $5500000                                   10       51,185,320
  $5500001 to $6300000                                    4       23,800,999
  $6300001 to $7800000                                    5       34,769,340
  $7800001 to $9300000                                    4       32,314,776
  $9300001 to $10800000                                   3       30,484,188
  $10800001 to $12300000                                  1       10,863,211
  $12300001 to $13800000                                  6       76,222,508
  $13800001 to $16800000                                  5       80,141,202
  $16800001 to $18300000                                  3       52,968,259
  $18300001 and above                                    12      311,984,473
  Total                                                 124      866,917,448
  
  Average Scheduled Balance is                                     7,001,340
  Maximum Scheduled Balance is                                    58,270,554
  Minimum Scheduled Balance is                                       836,622
  
  Distribution of Principal Balances
  Current
  Scheduled
  Principal                                                Based on
  Balances                                                 Balance
  $0 to $300000
  $300001 to $1000000                                                   0.43%
  $1000001 to $1300000                                                  1.21%
  $1300001 to $1600000                                                  0.51%
  $1600001 to $1800000                                                  1.58%
  $1800001 to $2100000                                                  1.56%
  $2100001 to $2500000                                                  4.28%
  $2500001 to $3000000                                                  3.53%
  $3000001 to $3300000                                                  1.80%
  $3300001 to $4800000                                                  3.82%
  $4800001 to $5500000                                                  5.90%
  $5500001 to $6300000                                                  2.75%
  $6300001 to $7800000                                                  4.01%
  $7800001 to $9300000                                                  3.73%
  $9300001 to $10800000                                                 3.52%
  $10800001 to $12300000                                                1.25%
  $12300001 to $13800000                                                8.79%
  $13800001 to $16800000                                                9.24%
  $16800001 to $18300000                                                6.11%
  $18300001 and above                                                  35.99%
                         Total                                        100.00%
  
  Average Scheduled Balance is                                     7,001,340
  Maximum Scheduled Balance is                                    58,270,554
  Minimum Scheduled Balance is                                       836,622
  
  Distribution of Property Types
                                                           Scheduled
                                            Number         Principal
  Property Types                            of Loans       Balance
  Multifamily                                            33      228,535,785
  Hospitality                                            30      203,377,910
  Medical Office Building                                11      173,020,476
  Mobile Home Park                                       32      121,066,382
  Retail-Anchored                                         7       67,383,206
  Reseach & development facility                          2       37,602,861
  Office                                                  5       22,644,384
  Retail-Single Tenant                                    4       13,286,446
  
                         Total                          124      866,917,448
  
  Distribution of Property Types
                                            Based on
  Property Types                            Balance
  Multifamily                                        26.36%
  Hospitality                                        23.46%
  Medical Office Building                            19.96%
  Mobile Home Park                                   13.97%
  Retail-Anchored                                     7.77%
  Reseach & development facility                      4.34%
  Office                                              2.61%
  Retail-Single Tenant                                1.53%
  
                         Total                      100.00%
  
  Distribution of Mortgage Interest Rates
  Current
  Mortgage                                                 Scheduled
  Interest                                  Number         Principal
  Rate (1)                                  of Loans       Balance
  7.250% or less
  7.251% to 7.500%                                        3       24,098,284
  7.501% to 7.750%                                        8      113,880,261
  7.751% to 8.000%                                       14      100,524,076
  8.001% to 8.250%                                       11       58,163,100
  8.251% to 8.500%                                       18       56,450,126
  8.501% to 8.750%                                       15       99,388,031
  8.751% to 9.000%                                       19      129,589,838
  9.001% to 9.250%                                       12       68,989,611
  9.251% to 9.500%                                       14      112,761,879
  9.501% to 9.750%                                        4       32,739,431
  9.751% to 10.000%                                       3       49,739,793
  10.001% to 10.250%                                      3       20,593,019
  10.251% to 10.500%
  10.751% & above
                         Total                          124      866,917,448
  
  Weighted Average Mortgage Interest Rate is                          8.6351%
  Minimum Mortgage Interest Rate is                                   7.2700%
  Maximum Mortgage Interest Rate is                                  10.2000%
  
  Distribution of Mortgage Interest Rates
  Current
  Mortgage
  Interest                                                 Based on
  Rate (1)                                                 Balance
  7.250% or less
  7.251% to 7.500%                                                      2.78%
  7.501% to 7.750%                                                     13.14%
  7.751% to 8.000%                                                     11.60%
  8.001% to 8.250%                                                      6.71%
  8.251% to 8.500%                                                      6.51%
  8.501% to 8.750%                                                     11.46%
  8.751% to 9.000%                                                     14.95%
  9.001% to 9.250%                                                      7.96%
  9.251% to 9.500%                                                     13.01%
  9.501% to 9.750%                                                      3.78%
  9.751% to 10.000%                                                     5.74%
  10.001% to 10.250%                                                    2.38%
  10.251% to 10.500%
  10.751% & above
                         Total                                        100.00%
  
  Weighted Average Mortgage Interest Rate is                           8.635%
  Minimum Mortgage Interest Rate is                                    7.270%
  Maximum Mortgage Interest Rate is                                   10.200%
  
  Geographic Distribution
  Not
  Applicable
  on Loan Level
  
  Loan Seasoning                                           Scheduled
                                            Number         Princpal
  Number of Years                           of Loans       Balance
  1 year or less                                        124      866,917,448
   1+ to 2 years
  2+ to 3 years
  3+ to 4 years
  4+ to 5 years
  5+ to 6 years
  6+ to 7 years
  7+ to 8 years
  8+ to 9 years
  9+ to 10 years
  10  years or more
                         Total                          124      866,917,448
  Weighted Average Seasoning is                                           5.7
  
  Loan Seasoning
                                            Based on
  Number of Years                           Balance
  1 year or less                                    100.00%
   1+ to 2 years
  2+ to 3 years
  3+ to 4 years
  4+ to 5 years
  5+ to 6 years
  6+ to 7 years
  7+ to 8 years
  8+ to 9 years
  9+ to 10 years
  10  years or more
                         Total                      100.00%
  
  Distribution of Amortization Type
                                                           Scheduled
                                            Number         Principal
  Amortization Type                         of Loans       Balance
  Fully Amortizing                                       81      724,171,636
  Amortizing Balloon                                     43      142,745,812
  
                         Total                          124      866,917,448
  
  Distribution of Amortization Type
                                            Based on
  Amortization Type                         Balance
  Fully Amortizing                                   83.53%
  Amortizing Balloon                                 16.47%
  
                         Total                      100.00%
  
  Distribution of Remaining Term
  Fully Amortizing                                         Scheduled
  Fully Amortizing                          Number         Principal
  Mortgage Loans                            of Loans       Balance
  60 months or less
  61 to 120 months
  121 to 180 months                                       1        2,151,472
  181 to 240 months                                      24      174,670,458
  241 to 360 months                                      56      547,349,706
  Total                                                  81      724,171,636
  
  Weighted Average Months to Maturity is                                  299
  
  Distribution of Remaining Term
  Fully Amortizing                          Based on
  Fully Amortizing                          Balance
  Mortgage Loans
  60 months or less
  61 to 120 months
  121 to 180 months                                   0.25%
  181 to 240 months                                  20.15%
  241 to 360 months                                  63.14%
  Total                                              83.53%
  
  Distribution of Remaining Term
  Balloon Loans                                            Scheduled
  Balloon                                   Number         Principal
  Mortgage Loans                            of Loans       Balance
  12 months or less
  13 to 24 months
  25 to 36 months
  37 to 48 months                                         1        3,035,399
  49 to 60 months                                        38      130,037,074
  61 to 120 months                                        2        2,078,901
  121 to 180 months                                       2        7,594,438
  181 to 240 months
  Total                                                  43      142,745,812
  
  Weighted Average Months to Maturity is                116
  
  Distribution of Remaining Term
  Balloon Loans
  Balloon                                   Based on
  Mortgage Loans                            Balance
  12 months or less
  13 to 24 months
  25 to 36 months
  37 to 48 months                                     0.35%
  49 to 60 months                                    15.00%
  61 to 120 months                                    0.24%
  121 to 180 months                                   0.88%
  181 to 240 months
  Total                                              16.47%
  
  Distribution of DSCR
  Not
  Available
  
  NOI Aging
  Not
  Available
  
  Loan Level  Detail
                                                           Special
  Offering                                                 Servicer
  Circular               Property                          Transfer
  Control #              Type                              Date              State
  
                        1Multifamily                                         TX
                        2Multifamily                                         MI
                        3Multifamily                                         CA
                        4Multifamily                                         GA
                        5Multifamily                                         AL
                        6Multifamily                                         AZ
                        7Multifamily                                         AZ
                        8Multifamily                                         NY
                        9Multifamily                                         FL
                       10Multifamily                                         UT
                       11Multifamily                                         TX
                       12Multifamily                                         CA
                       13Multifamily                                         IA
                       14Multifamily                                         TX
                       15Multifamily                                         MA
                       16Multifamily                                         NJ
                       17Multifamily                                         TX
                       18Multifamily                                         MI
                       19Multifamily                                         MO
                       20Multifamily                                         TX
                       21Multifamily                                         DE
                       22Multifamily                                         TX
                       23Multifamily                                         CO
                       24Multifamily                                         OK
                       25Multifamily                                         MI
                       26Multifamily                                         OK
                       27Multifamily                                         TX
                       28Multifamily                                         CA
                       29Multifamily                                         AZ
                       30Multifamily                                         CA
                       31Multifamily                                         DC
                       32Multifamily                                         CO
                       33Multifamily                                         DC
                       34Mobile Home Park                                    MI
                       35Mobile Home Park                                    OR
                       36Mobile Home Park                                    FL
                       37Mobile Home Park                                    CO
                       38Mobile Home Park                                    AZ
                       39Mobile Home Park                                    MI
                       40Mobile Home Park                                    MI
                       41Mobile Home Park                                    WA
                       42Mobile Home Park                                    CA
                       43Mobile Home Park                                    FL
                       44Mobile Home Park                                    MD
                       45Mobile Home Park                                    MN
                       46Mobile Home Park                                    CO
                       47Mobile Home Park                                    IN
                       48Mobile Home Park                                    CA
                       49Mobile Home Park                                    MN
                       50Mobile Home Park                                    OH
                       51Mobile Home Park                                    IL
                       52Mobile Home Park                                    CO
                       53Mobile Home Park                                    IL
                       54Mobile Home Park                                    MN
                       55Mobile Home Park                                    OR
                       56Mobile Home Park                                    ND
                       57Mobile Home Park                                    TX
                       58Mobile Home Park                                    OR
                       59Mobile Home Park                                    MO
                       60Mobile Home Park                                    CO
                       61Mobile Home Park                                    CO
                       62Mobile Home Park                                    MI
                       63Mobile Home Park                                    FL
                       64Mobile Home Park                                    OR
                       65Mobile Home Park                                    TX
                       66Office                                              UT
                       67Office                                              CA
                       68Office                                              CA
                       69Office                                              CA
                       70Office                                              LA
                       71Reseach & development facility                      MI
                       72Reseach & development facility                      CA
                       73Retail-Anchored                                     FL
                       74Retail-Anchored                                     TX
                       75Retail-Anchored                                     MI
                       76Retail-Anchored                                     PA
                       77Retail-Anchored                                     AZ
                       78Retail-Anchored                                     TX
                       79Retail-Anchored                                     CO
                       80Retail-Single Tenant                                CA
                       81Retail-Single Tenant                                FL
                       82Retail-Single Tenant                                TX
                       83Retail-Single Tenant                                NY
                       84Medical Office Building                             NJ
                       85Medical Office Building                             CA
                       86Medical Office Building                             IL
                       87Medical Office Building                             MO
                       88Medical Office Building                             IL
                       89Medical Office Building                             IL
                       90Medical Office Building                             IL
                       91Medical Office Building                             NJ
                       92Medical Office Building                             NC
                       93Medical Office Building                             TX
                       94Medical Office Building                             IL
                       95Hospitality                                         VA
                       96Hospitality                                         MO
                       97Hospitality                                         UT
                       98Hospitality                                         TX
                       99Hospitality                                         TX
                      100Hospitality                                         TN
                      101Hospitality                                         MD
                      102Hospitality                                         MD
                      103Hospitality                                         AL
                      104Hospitality                                         LA
                      105Hospitality                                         ME
                      106Hospitality                                         NC
                      107Hospitality                                         TX
                      108Hospitality                                         NE
                      109Hospitality                                         CT
                      110Hospitality                                         CO
                      111Hospitality                                         NC
                      112Hospitality                                         GA
                      113Hospitality                                         WA
                      114Hospitality                                         LA
                      115Hospitality                                         NC
                      116Hospitality                                         AZ
                      117Hospitality                                         MA
                      118Hospitality                                         VA
                      119Hospitality                                         AZ
                      120Hospitality                                         GA
                      121Hospitality                                         VA
                      122Hospitality                                         MD
                      123Hospitality                                         TN
                      124Hospitality                                         VA
                      125SMI Certificate
  
  Offering                                  Ending
  Circular               Maturity           Scheduled      Note
  Control #              Date               Balance        Rate
  
                        101/11/2026             58,270,554            7.6900%
                        202/11/2026             19,580,940            7.8350%
                        302/11/2026             16,344,648            7.7300%
                        402/11/2026             15,940,302            7.2700%
                        502/11/2026             12,956,244            8.0500%
                        602/11/2026             12,756,799            7.7300%
                        702/11/2026             10,863,211            7.7300%
                        802/11/2026              8,422,851            8.2800%
                        901/11/2026              6,573,786            8.1500%
                       1011/11/2005              5,752,846            8.3585%
                       1109/11/2015              5,417,383            8.9800%
                       1201/11/2006              5,067,908            8.1200%
                       1312/11/2005              4,104,009            8.2150%
                       1402/11/2026              3,886,837            7.7300%
                       1510/11/2020              3,812,721            8.9100%
                       1611/11/2005              3,176,249            8.9200%
                       1702/11/2001              3,035,399            8.6600%
                       1802/11/2026              2,989,593            7.9000%
                       1912/11/2005              2,918,995            8.3100%
                       2002/11/2026              2,689,774            7.4600%
                       2103/11/2021              2,688,040            7.7400%
                       2208/11/2005              2,385,118            9.0300%
                       2309/11/2005              2,376,605            8.6610%
                       2401/11/2006              2,285,127            7.9500%
                       2509/11/2015              2,177,055            8.2400%
                       2601/11/2006              2,185,751            7.9400%
                       2711/11/2002              1,894,773            8.4800%
                       2810/11/2005              1,663,156            8.5200%
                       2912/11/2025              1,622,721            8.3500%
                       3010/11/2005              1,566,201            8.5200%
                       3101/11/2011              1,182,572            8.1700%
                       3211/11/2005              1,051,287            8.2900%
                       3302/11/2011                896,329            8.1700%
                       3402/11/2026             17,937,558            7.9000%
                       3502/11/2026             13,303,081            7.8350%
                       3612/11/2020              9,923,819            7.9100%
                       3702/11/2026              6,776,101            7.8350%
                       3802/11/2026              5,425,863            7.8350%
                       3902/11/2026              5,082,308            7.9000%
                       4008/11/2005              4,943,979            8.4100%
                       4102/11/2026              4,982,427            7.8350%
                       4202/11/2006              4,683,366            7.8000%
                       4311/11/2005              3,671,858            8.7700%
                       4403/11/2006              3,216,848            8.3450%
                       4511/11/2005              3,149,852            8.5200%
                       4602/11/2006              2,983,887            7.9500%
                       4701/11/2003              2,882,839            8.5000%
                       4808/11/2020              2,372,894            8.3600%
                       4901/11/2006              2,384,255            7.8600%
                       5010/11/2005              2,330,046            8.8400%
                       5101/11/2021              2,206,948            8.5400%
                       5211/11/2020              2,196,763            9.1800%
                       5301/11/2021              2,067,771            8.5400%
                       5401/11/2006              1,988,242            8.5400%
                       5511/11/2005              1,935,831            9.0500%
                       5601/11/2006              1,838,728            8.3200%
                       5712/11/2005              1,787,346            8.4100%
                       5803/11/2021              1,792,822            8.3900%
                       5903/11/2006              1,783,380            8.8500%
                       6011/11/2020              1,488,975            8.9800%
                       6111/11/2005              1,376,367            8.4400%
                       6208/11/2005              1,226,747            8.3100%
                       6302/11/2006              1,243,415            8.0700%
                       6409/11/2020              1,089,154            8.5900%
                       6512/11/2005                992,913            8.3600%
                       6610/11/2020              7,991,453            9.2900%
                       6702/11/2021              5,468,208            7.4900%
                       6802/11/2021              4,975,190            8.4400%
                       6902/11/2021              3,032,785            7.6400%
                       7002/11/2021              1,176,747            8.0500%
                       7111/11/2005             20,594,366            8.5800%
                       7208/11/2020             17,008,495            9.3600%
                       7302/11/2021             20,298,058            8.1250%
                       7401/11/2026             19,432,839            8.8500%
                       7511/11/2005             10,531,285            8.7700%
                       7601/11/2021              6,037,387            7.7450%
                       7710/11/2002              6,017,047            8.7900%
                       7802/11/2016              2,579,614            8.7500%
                       7902/11/2006              2,486,977            8.1400%
                       8001/11/2006              7,379,980            8.3500%
                       8102/11/2021              3,726,966            8.9700%
                       8211/11/2005              1,217,394            9.2600%
                       8310/11/2005                962,105            9.1000%
                       8411/11/2020             37,293,359            9.8600%
                       8501/11/2018             29,807,450            9.4500%
                       8612/11/2020             21,624,853            8.8800%
                       8702/11/2016             18,743,121            9.2400%
                       8802/11/2021             15,429,888            8.6900%
                       8912/11/2020             12,428,077            8.8800%
                       9012/11/2020             12,428,077            8.8800%
                       9110/11/2020             10,029,084            9.9100%
                       9211/11/2020              8,054,145            9.7300%
                       9312/11/2020              4,975,195            9.6000%
                       9412/11/2020              2,207,226            8.8800%
                       9502/11/2016             23,201,149            8.6800%
                       9602/11/2016             22,485,651            9.2700%
                       9702/11/2016             20,652,132            9.2500%
                       9801/11/2021             18,022,205            9.7100%
                       9901/11/2016             16,598,989            8.5500%
                      10009/11/2015             15,827,374           10.1900%
                      10102/11/2021             12,350,231            9.3500%
                      10203/11/2021              7,846,326            8.9450%
                      10311/11/2015              7,610,815            9.4800%
                      10412/11/2015              6,428,658            8.8100%
                      10502/11/2021              5,993,719            9.2200%
                      10602/11/2016              4,846,858            9.2100%
                      10701/11/2016              4,707,060            9.1000%
                      10811/11/2015              4,509,798            9.2800%
                      10902/11/2016              2,779,276            9.2100%
                      11011/11/2015              2,765,482            8.9800%
                      11101/11/2016              2,695,779            9.2200%
                      11209/11/2015              2,614,173           10.0900%
                      11312/11/2015              2,472,390            8.7600%
                      11412/11/2015              2,449,636            9.3600%
                      11510/11/2015              2,417,350            9.8300%
                      11610/11/2010              2,151,472           10.2000%
                      11712/11/2015              1,979,709            9.4400%
                      11802/11/2016              1,840,697            8.6400%
                      11902/11/2016              1,687,885            9.5100%
                      12001/11/2016              1,685,013            9.3000%
                      12102/11/2021              1,638,385            9.3400%
                      12202/11/2021              1,191,225            9.3400%
                      12302/11/2016              1,091,848            9.2000%
                      12402/11/2021                836,622            9.3400%
                      12502/14/2026              8,250,000            6.3410%
                                               875,167,448
  
  Offering               Scheduled
  Circular               Principal          Prepayments    Prepayment
  Control #              Payment            /Liquidations  Date
  
                        1            42,986
                        2            13,992
                        3            11,902
                        4            12,717
                        5             8,869
                        6             9,289
                        7             7,910
                        8             5,505
                        9             4,443
                       10             6,038
                       11             5,233
                       12             5,439
                       13             4,373
                       14             2,830
                       15             3,694
                       16             3,046
                       17             2,962
                       18             2,109
                       19             3,063
                       20             2,071
                       21             3,019
                       22             1,404
                       23             2,416
                       24             2,520
                       25             2,366
                       26             2,414
                       27             1,951
                       28             1,068
                       29             1,062
                       30             1,006
                       31             1,259
                       32             1,116
                       33               947
                       34            12,653
                       35             9,506
                       36            11,099
                       37             4,842
                       38             3,877
                       39             3,585
                       40             5,273
                       41             3,560
                       42             3,370
                       43             3,608
                       44             2,059
                       45             3,222
                       46             3,265
                       47             2,911
                       48             2,551
                       49             2,667
                       50             2,283
                       51             2,214
                       52             2,020
                       53             2,074
                       54             1,995
                       55             1,818
                       56             1,911
                       57             1,846
                       58             1,813
                       59             1,673
                       60             1,414
                       61             1,426
                       62             2,188
                       63             1,335
                       64             1,120
                       65             1,034
                       66             7,280
                       67             6,438
                       68             5,032
                       69             3,487
                       70             1,267
                       71            34,935
                       72            15,387
                       73            21,563
                       74            11,400
                       75            10,348
                       76             6,878
                       77             5,943
                       78             4,137
                       79             2,640
                       80             7,634
                       81             3,458
                       82             1,105
                       83               904
                       84            30,392
                       85            35,321
                       86            20,565
                       87            28,231
                       88            14,955
                       89            11,819
                       90            11,819
                       91             8,256
                       92             6,709
                       93             4,198
                       94             2,099
                       95            37,480
                       96            33,740
                       97            31,067
                       98            14,840
                       99            27,915
                      100            21,837
                      101            10,736
                      102             7,249
                      103            11,458
                      104            10,417
                      105             5,337
                      106             7,339
                      107             7,292
                      108             6,959
                      109             4,208
                      110             4,428
                      111             4,115
                      112             3,719
                      113             4,031
                      114             3,708
                      115             3,518
                      116             5,576
                      117             2,967
                      118             2,988
                      119             2,461
                      120             2,546
                      121             1,427
                      122             1,037
                      123             1,655
                      124               728
                      125
                                    894,209
  
  Offering               Paid               Prepayment     Loan
  Circular               Through            Premium        Status
  Control #              Date               Amount         Code (*)
  
                        107/11/96
                        207/11/96
                        307/11/96
                        407/11/96
                        507/11/96
                        607/11/96
                        707/11/96
                        807/11/96
                        907/11/96
                       1007/11/96
                       1107/11/96
                       1207/11/96
                       1307/11/96
                       1407/11/96
                       1507/11/96
                       1607/11/96
                       1707/11/96
                       1807/11/96
                       1907/11/96
                       2007/11/96
                       2107/11/96
                       2207/11/96
                       2307/11/96
                       2407/11/96
                       2507/11/96
                       2607/11/96
                       2707/11/96
                       2807/11/96
                       2907/11/96
                       3007/11/96
                       3107/11/96
                       3207/11/96
                       3307/11/96
                       3407/11/96
                       3507/11/96
                       3607/11/96
                       3707/11/96
                       3807/11/96
                       3907/11/96
                       4007/11/96
                       4107/11/96
                       4207/11/96
                       4307/11/96
                       4407/11/96
                       4507/11/96
                       4607/11/96
                       4707/11/96
                       4807/11/96
                       4907/11/96
                       5007/11/96
                       5107/11/96
                       5207/11/96
                       5307/11/96
                       5407/11/96
                       5507/11/96
                       5607/11/96
                       5707/11/96
                       5807/11/96
                       5907/11/96
                       6007/11/96
                       6107/11/96
                       6207/11/96
                       6307/11/96
                       6407/11/96
                       6507/11/96
                       6607/11/96
                       6707/11/96
                       6807/11/96
                       6907/11/96
                       7007/11/96
                       7107/11/96
                       7207/11/96
                       7307/11/96
                       7407/11/96
                       7507/11/96
                       7607/11/96
                       7707/11/96
                       7807/11/96
                       7907/11/96
                       8007/11/96
                       8107/11/96
                       8207/11/96
                       8307/11/96
                       8407/11/96
                       8507/11/96
                       8607/11/96
                       8707/11/96
                       8807/11/96
                       8907/11/96
                       9007/11/96
                       9106/11/96
                       9207/11/96
                       9307/11/96
                       9407/11/96
                       9507/11/96
                       9607/11/96
                       9707/11/96
                       9807/11/96
                       9907/11/96
                      10007/11/96
                      10107/11/96
                      10207/11/96
                      10307/11/96
                      10407/11/96
                      10507/11/96
                      10607/11/96
                      10707/11/96
                      10807/11/96
                      10907/11/96
                      11007/11/96
                      11107/11/96
                      11207/11/96
                      11307/11/96
                      11407/11/96
                      11507/11/96
                      11607/11/96
                      11707/11/96
                      11807/11/96
                      11907/11/96
                      12007/11/96
                      12107/11/96
                      12207/11/96
                      12307/11/96
                      12407/11/96
                      12506/15/96
  
  (*)   Legend:
  1)  Specially Serviced
  2) Foreclosure
  3)  Bankruptcy
  4) REO
  5) Prepay in Full
  6) DPO
  7) Foreclosure Sale
  8) Bankruptcy Sale
  9) REO Disposition
  10) Modification/Workout
  
  Specially Serviced Loan Detail
  No specially serviced mortgage loans as of the current Due Date.
                         Offering           Sched          Sched
  Distribution           Circular           Principal      Interest
  Date                   Control #          Balance        Rate
  
                                    No specially serviced mortgage loans as of the
  current Du
  
                                                                      Date of last
  Distribution           Maturity           Property                    Operating
  Date                   Date               Type           State          Stmt
  
                                            Debt Service   Specially
  Distribution           Net Operating      Coverage       Serviced
  Date                   Income             Ratio          Status Code (*)
  
  * Legend :
  1)  Request for waiver of Prepayment Penalty
  2)   Payment default
  3)  Request for Loan Modification or Workout
  4)  Loans with Borrower Bankruptcy
  5)  Loans in Process of Foreclosure
  6)  Loans now REO Property
  7)  Loans Paid Off
  8)  Loans Returned to Master Servicer
  
  Modified Loan Detail
  No modified loans as of the current Due Date.
  
                         Offering
  Distribution           Circular           Modification   Modification
  Date                   Control #          Date           Description
  
                                     No modified loans as of the current Due Date.
  
  Note:  Aggregate liquidation expenses also include outstanding
  P&I advances and unpaid servicing fees, unpaid special servicing
  fees, unpaid trustee fees, etc..
  
  Realized Loss Detail
  No Realized Loss loans as of the current Due Date.
                                                         Appraisal
                     Offering                          Value/            Sched
  Distribution       Circular           Appraisal      Brokers           Principal
  Date                Control #          Date           Estimate          Balance
  
                                     No Realized Loss loans as of the current Due 
  Date.
  
  Current Total
  Cumulative
  
  Note:  Aggregate liquidation expenses also include outstanding
  P&I advances and unpaid servicing fees, unpaid special servicing
  fees, unpaid trustee fees, etc..
  
                                            Gross Proceeds
                                            as a % of      Aggregate
  Distribution           Gross              Scheduled      Liquidation
  Date                   Proceeds           Principal      Expenses *
  
  Current Total
  Cumulative
  
                                            Net Proceeds
                         Net                as a % of      Current
  Distribution           Liquidation        Scheduled      Realized
  Date                   Proceeds           Balance        Loss
  
  Current Total
  Cumulative