content: ABN AMRO
  LaSalle National Bank
  
  Administrator:
    Mary Collier  (800) 246-5761
    135 S. LaSalle Street   Suite 1740
    Chicago, IL   60603
  
  ^Nomura Asset Securities Corporation
  ^Amresco Management, Inc. as Servicer
  ^Commercial Mortgage Pass-Through Certificates
  ^Series 1996-MD V
  
  ^ABN AMRO Acct: 67-7504-32-6
  
  Statement Date:      07/15/96
  Payment Date:        07/15/96
  Prior Payment:       NA
  Record Date:         07/10/96
  
  WAC:                          8.410285%
  WAMM:                               280
  
  ^Upper Tier
                   Original                       Opening           Principal
  Class            Face Value (1)                 Balance           Payment
  CUSIP            Per $1000                      Per $1000         Per $1000
  
  A-1A            150,000,000.00                 148,839,570.80       456,420.66
  655356HM8       1000.000000            0        992.263805         3.042804
  A-1B            352,001,941.00                 352,001,941.00             0.00
  6555356HN6      1000.000000            0       1000.000000         0.000000
  A-1C            7,492,566.00                   7,492,566.00             0.00
  655356HP1       1000.000000            0       1000.000000         0.000000
  CS-1            150,000,000.00 N               148,839,570.80             0.00
  655356JD6       1000.000000            0        992.263805         0.000000
  CS-2            516,838,397.00 N               516,838,397.00             0.00
  655356HU0,U65537BZ1  1000.000000            0       1000.000000         0.000000
  A-2             44,955,397.00                  44,955,397.00             0.00
  655356HQ9       1000.000000            0       1000.000000         0.000000
  A-3             52,447,964.00                  52,447,964.00             0.00
  655356HR7       1000.000000            0       1000.000000         0.000000
  A-4             48,701,680.00                  48,701,680.00             0.00
  655356HS5       1000.000000            0       1000.000000         0.000000
  A-5             11,238,849.00                  11,238,849.00             0.00
  655356HT3       1000.000000            0       1000.000000         0.000000
  S-1             24,435,948.00                  24,435,948.00             0.00
  655356HV8,U65537CA5 1000.000000            0       1000.000000         0.000000
  B-1             48,701,680.00                  48,701,680.00             0.00
  655356HW6,U65537CB3  1000.000000            0       1000.000000         0.000000
  B-2             33,715,552.00                  33,715,552.00             0.00
  655356HX4,U65537CC1  1000.000000            0       1000.000000         0.000000
  B-2H            1,000.66                       1,000.66             0.00
  655356HY2       1000.000000            0       1000.000000         0.000000
  R                  0.00                           0.00             0.00
  655356JB0       1000.000000            0          0.000000         0.000000
                  773,692,577.66             0   772,532,148.46       456,420.66
  
                       Principal         Negative     Closing           Interest
  Class                Adj. or Loss      Amortization Balance           Payment
  CUSIP                Per $1000         Per $1000    Per $1000         Per $1000
  
  A-1A                       0.00         0.00    148,383,150.14       876,913.14
  655356HM8             0.000000     0.000000        989.221001         5.846088
  A-1B                  0.00         0.00    352,001,941.00     2,088,544.85
  6555356HN6            0.000000     0.000000       1000.000000         5.933333
  A-1C                  0.00         0.00      7,492,566.00        44,455.89
  655356HP1             0.000000     0.000000       1000.000000         5.933333
  CS-1                  0.00         0.00    148,383,150.14       158,415.82
  655356JD6             0.000000     0.000000        989.221001         1.056105
  CS-2                  0.00         0.00    516,838,397.00       454,184.36
  655356HU0,U65537BZ1   0.000000     0.000000       1000.000000         0.878774
  A-2                   0.00         0.00     44,955,397.00       278,244.21
  655356HQ9             0.000000     0.000000       1000.000000         6.189339
  A-3                   0.00         0.00     52,447,964.00       333,796.64
  655356HR7             0.000000     0.000000       1000.000000         6.364339
  A-4                   0.00         0.00     48,701,680.00       319,694.36
  655356HS5             0.000000     0.000000       1000.000000         6.564339
  A-5                   0.00         0.00     11,238,849.00        76,210.70
  655356HT3             0.000000     0.000000       1000.000000         6.781006
  S-1                   0.00         0.00     24,435,948.00       160,386.36
  655356HV8,U65537CA5   0.000000     0.000000       1000.000000         6.563542
  B-1                   0.00         0.00     48,701,680.00       338,769.18
  655356HW6,U65537CB3   0.000000     0.000000       1000.000000         6.956006
  B-2                   0.00         0.00     33,715,552.00       234,525.58
  655356HX4,U65537CC1   0.000000     0.000000       1000.000000         6.956006
  B-2H                  0.00         0.00          1,000.66             6.96
  655356HY2             0.000000     0.000000       1000.000000         6.956006
  R                     0.00         0.00              0.00             0.00
  655356JB0             0.000000     0.000000          0.000000         0.000000
                        0.00         0.00    772,075,727.80     5,364,148.06
  Total P&I Payment                                                  5,820,568.72
  
                       Interest          Pass-Through
  Class                Adjustment        Rate (2)
  CUSIP                Per $1000         Next Rate (3)
  
  A-1A                              0.00     7.070000%
  655356HM8                      0.000000    7.070000%
  A-1B                              0.00     7.120000%
  6555356HN6                     0.000000    7.120000%
  A-1C                              0.00     7.120000%
  655356HP1                      0.000000    7.120000%
  CS-1                              0.00     1.277207%
  655356JD6                      0.000000    1.277216%
  CS-2                              0.00     1.054529%
  655356HU0,U65537BZ1            0.000000    0.000000%
  A-2                               0.00     7.427207%
  655356HQ9                      0.000000    7.427216%
  A-3                               0.00     7.637207%
  655356HR7                      0.000000    7.637216%
  A-4                               0.00     7.877207%
  655356HS5                      0.000000    7.877216%
  A-5                               0.00     8.137207%
  655356HT3                      0.000000    8.137216%
  S-1                               0.00     7.876250%
  655356HV8,U65537CA5            0.000000    7.876250%
  B-1                               0.00     8.347207%
  655356HW6,U65537CB3            0.000000    8.347216%
  B-2                               0.00     8.347207%
  655356HX4,U65537CC1            0.000000    8.347216%
  B-2H                              0.00     8.347207%
  655356HY2                      0.000000    8.347216%
  R                                 0.00         None
  655356JB0                      0.000000    0.000000%
                                    0.00     0.000000%
  
  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              150,000,000.00                 148,839,570.80       456,420.66
  655356HM8         1000.000000            0        992.263805         3.042804
  A-1B              352,001,941.00                 352,001,941.00             0.00
  6555356HN6        1000.000000            0       1000.000000         0.000000
  A-1C              7,492,566.00                   7,492,566.00             0.00
  655356HP1         1000.000000            0       1000.000000         0.000000
  CS-1              150,000,000.00 N               148,839,570.80             0.00
  655356JD6         1000.000000            0        992.263805         0.000000
  CS-2              516,838,397.00 N               516,838,397.00             0.00
  655356HU0,U65537BZ1  1000.000000            0       1000.000000         0.000000
  A-2               44,955,397.00                  44,955,397.00             0.00
  655356HQ9         1000.000000            0       1000.000000         0.000000
  A-3               52,447,964.00                  52,447,964.00             0.00
  655356HR7         1000.000000            0       1000.000000         0.000000
  A-4               48,701,680.00                  48,701,680.00             0.00
  655356HS5         1000.000000            0       1000.000000         0.000000
  A-5               11,238,849.00                  11,238,849.00             0.00
  655356HT3         1000.000000            0       1000.000000         0.000000
  S-1               24,435,948.00                  24,435,948.00             0.00
  655356HV8,U65537CA5  1000.000000            0       1000.000000         0.000000
  B-1               48,701,680.00                  48,701,680.00             0.00
  655356HW6,U65537CB3  1000.000000            0       1000.000000         0.000000
  B-2                33,715,552.00                  33,715,552.00             0.00
  655356HX4,U65537CC1  1000.000000            0       1000.000000         0.000000
  B-2H               1,000.66                       1,000.66             0.00
  655356HY2          1000.000000            0       1000.000000         0.000000
  R                  0.00                           0.00             0.00
  655356JB0          1000.000000            0          0.000000         0.000000
                    773,692,575.66             0   772,532,148.46       456,420.66
  
                       Principal         Negative     Closing
  Class                Adj. or Loss      Amortization Balance
  CUSIP                Per $1000         Per $1000    Per $1000
  
  A-1A                              0.00         0.00    148,383,150.14
  655356HM8                      0.000000     0.000000        989.221001
  A-1B                              0.00         0.00    352,001,941.00
  6555356HN6                     0.000000     0.000000       1000.000000
  A-1C                              0.00         0.00      7,492,566.00
  655356HP1                      0.000000     0.000000       1000.000000
  CS-1                              0.00         0.00    148,383,150.14
  655356JD6                      0.000000     0.000000        989.221001
  CS-2                              0.00         0.00    516,838,397.00
  655356HU0,U65537BZ1            0.000000     0.000000       1000.000000
  A-2                               0.00         0.00     44,955,397.00
  655356HQ9                      0.000000     0.000000       1000.000000
  A-3                               0.00         0.00     52,447,964.00
  655356HR7                      0.000000     0.000000       1000.000000
  A-4                               0.00         0.00     48,701,680.00
  655356HS5                      0.000000     0.000000       1000.000000
  A-5                               0.00         0.00     11,238,849.00
  655356HT3                      0.000000     0.000000       1000.000000
  S-1                               0.00         0.00     24,435,948.00
  655356HV8,U65537CA5            0.000000     0.000000       1000.000000
  B-1                               0.00         0.00     48,701,680.00
  655356HW6,U65537CB3            0.000000     0.000000       1000.000000
  B-2                               0.00         0.00     33,715,552.00
  655356HX4,U65537CC1            0.000000     0.000000       1000.000000
  B-2H                              0.00         0.00          1,000.66
  655356HY2                      0.000000     0.000000       1000.000000
  R                                 0.00         0.00              0.00
  655356JB0                      0.000000     0.000000          0.000000
                                    0.00         0.00    772,075,727.80
  Total P&I Payment                                        5,820,568.72
  
                       Interest          Interest     Pass-Through
  Class                Payment           Adjustment   Rate (2)
  CUSIP                Per $1000         Per $1000    Next Rate (3)
  
  A-1A                        876,913.14         0.00          7.070000%
  655356HM8                      5.846088     0.000000         7.070000%
  A-1B                      2,088,544.85         0.00          7.120000%
  6555356HN6                     5.933333     0.000000         7.120000%
  A-1C                         44,455.89         0.00          7.120000%
  655356HP1                      5.933333     0.000000         7.120000%
  CS-1                        158,415.82         0.00          1.277207%
  655356JD6                      1.056105     0.000000         1.277216%
  CS-2                        454,184.36         0.00          1.054529%
  655356HU0,U65537BZ1            0.878774     0.000000         0.000000%
  A-2                         278,244.21         0.00          7.427207%
  655356HQ9                      6.189339     0.000000         7.427216%
  A-3                         333,796.64         0.00          7.637207%
  655356HR7                      6.364339     0.000000         7.637216%
  A-4                         319,694.36         0.00          7.877207%
  655356HS5                      6.564339     0.000000         7.877216%
  A-5                          76,210.70         0.00          8.137207%
  655356HT3                      6.781006     0.000000         8.137216%
  S-1                         160,386.36         0.00          7.876250%
  655356HV8,U65537CA5            6.563542     0.000000         7.876250%
  B-1                         338,769.18         0.00          8.347207%
  655356HW6,U65537CB3            6.956006     0.000000         8.347216%
  B-2                         234,525.58         0.00          8.347207%
  655356HX4,U65537CC1            6.956006     0.000000         8.347216%
  B-2H                              6.96         0.00          8.347207%
  655356HY2                      6.956006     0.000000         8.347216%
  R                                 0.00         0.00         None
  655356JB0                      0.000000     0.000000         0.000000%
                            5,364,148.06         0.00          0.000000%
  
  ^Grantor Trust Certificates
  
                       Original                       Opening           Principal
  Class                Face Value (1)                 Balance           Payment
  CUSIP                Per $1000                      Per $1000         Per $1000
  V-1                    0.00                           0.00             0.00
  655356HZ9           1000.000000            0          0.000000         0.000000
  V-2                   0.00                           0.00             0.00
  655356JA2           1000.000000            0          0.000000         0.000000
                        0.00             0             0.00             0.00
  
                       Principal         Negative     Closing           Interest
  Class                Adj. or Loss      Amortization Balance           Payment
  CUSIP                Per $1000         Per $1000    Per $1000         Per $1000
  V-1                    0.00         0.00              0.00             0.00
  655356HZ9           0.000000     0.000000          0.000000         0.000000
  V-2                    0.00         0.00              0.00             0.00
  655356JA2           0.000000     0.000000          0.000000         0.000000
                         0.00         0.00              0.00             0.00
  
                       Interest          Pass-Through
  Class                Adjustment        Rate (2)
  CUSIP                Per $1000         Next Rate (3)
  V-1                               0.00         None
  655356HZ9                      0.000000    0.000000%
  V-2                               0.00         None
  655356JA2                      0.000000    0.000000%
                                    0.00     0.000000%
  
  Amount of Available Funds allocable to principal:
  
  Principal Distrbution Amount                                          456,420.66
  S-1 Principal Distribution Amount                                          0.00
  Amount of Available Funds Allocable to Principal                      456,420.66
  Amount of S-1 Available Funds Allocable to Principal                       0.00
  
  
  Advance Summary:                                    Beginning         Current
                                                      Unreimbursed      Period
  Servicer Property Protection Advances                   0.00             0.00
  Servicer S-1 P&I Advances                               0.00             0.00
  Servicer P&I Advances                                   0.00             0.00
  Trustee P&I Advances                                    0.00             0.00
  Fiscal Agent P&I Advance                                0.00             0.00
  
    Total                                                   0                0
  
  
  Advance Summary:                                                      Ending
                                                   Reimbursed        Unreimbursed
  Servicer Property Protection Advances                  0.00             0.00
  Servicer S-1 P&I Advances                              0.00             0.00
  Servicer P&I Advances                                  0.00             0.00
  Trustee P&I Advances                                   0.00             0.00
  Fiscal Agent P&I Advance                               0.00             0.00
  
    Total                                                0.00             0.00
  
  Amount of Available Funds Allocable to Interest                             0.00
  
  Class CS-2 Components                  Interest Distribution Amount
    A-1B Component                         107,994.83
    A-1C Component                           2,298.73
    A-2 Component                           10,339.74
    A-3 Component                            9,309.51
    A-4 Component                            5,722.45
    A-5 Component                              590.04
  
  Class CS-2 Components                  Current Interest Shortfalls
    A-1B Component                               0.00
    A-1C Component                               0.00
    A-2 Component                                0.00
    A-3 Component                                0.00
    A-4 Component                                0.00
    A-5 Component                                0.00
  
  Prepayment Interest Shortfall                                    0.00
  S-1 Prepayment Interest Shortfall                                0.00
  Servicers Prepayment Interest Shortfall                          0.00
  S-1 Servicer Prepayement Interest Shortfall                      0.00
  
  Beginning Account Balance Contained in Reserve Accounts                    0.00
  
  Summary of REO Property:
  
  Appraised value of real estate acquired through foreclosure
  or grant of a deed in lieu of foreclosure                                  0.00
  
  
  Property Name        Date of REO       Principal Balance              Book Value
                      0                          0.00                     0.00
  
                      0                          0.00                     0.00
                      0                          0.00                     0.00
    Totals                                       0.00                     0.00
  
                       Date of Final     Amount       Aggregate Other
  Property Name        Recovery          of Proceeds  Revenues Collected
                      0                          0.00              0.00
  
                      0                          0.00              0.00
                      0                          0.00              0.00
    Totals                                       0.00              0.00
  
  
  Specially Serviced Mortgage Loans:
  
                                         Principal
  Borrower             Number            Balance
                      0                 0        0.00
  
  
  
  Summary of Expenses:
  
  Current Period Servicing Fees                               53,916.31
  Current Period Trustee Fees                                  3,218.89
  Current Pd. Special Servicing Compensation Paid                  0.00
  Add'l Servicing Compensation, per Section 3.12a                  0.00
  
    Total                                                        57135.2
  
                                                                        Amount per
                                                                         $1,000
  Prepayment Premiums received during the Collection Period               0.00
  Default Interest received during the Collection Period                  0.00
  Net Default Interest received during the Collection Period              0.00
  Excess  Interest received during the Collection Period                  0.00
  
  Prepayment Premiums received during the Collection Period               0.00
  Default Interest received during the Collection Period                  0.00
  Net Default Interest received during the Collection Period              0.00
  Excess  Interest received during the Collection Period                  0.00
  
  
  
  
                   Prior             Remaining    Current           Aggregate
                  Interest          Interest     Realized          Realized
  Class          Shortfall         Shortfall    Loss Allocation   Loss Allocation
  A-1B             0.00         0.00              0.00             0.00
  A-1C             0.00         0.00              0.00             0.00
  CS-1             0.00         0.00              0.00             0.00
  CS-2             0.00         0.00              0.00             0.00
  A-2              0.00         0.00              0.00             0.00
  A-3              0.00         0.00              0.00             0.00
  A-4              0.00         0.00              0.00             0.00
  A-5              0.00         0.00              0.00             0.00
  S-1              0.00         0.00              0.00             0.00
  B-1              0.00         0.00              0.00             0.00
  B-2              0.00         0.00              0.00             0.00
  B-2H             0.00         0.00              0.00             0.00
  R                0.00         0.00              0.00             0.00
  
  Total            0.00         0.00              0.00             0.00
  
                                                  Current           Cumulative
  Realized Losses on Mortgage Loans                  0.00             0.00
  Realized Losses on S-1                             0.00             0.00
  
                                                      Beginning         Ending
  Strip Component Balances:                           Principal         Principal
                                                      Balance           Balance
  A-1A                                          148,839,570.80   148,383,150.14
  A-1B                                          352,001,941.00   352,001,941.00
  A-1C                                          7,492,566.00     7,492,566.00
  A-2                                           44,955,397.00    44,955,397.00
  A-3                                           52,447,964.00    52,447,964.00
  A-4                                           48,701,680.00    48,701,680.00
  A-5                                           11,238,849.00    11,238,849.00
  TOTAL
  Delinquency /Prepayment / Rate History Reporting
  
  Distribution         Delinq 1 Month                 Delinq 2 Months
  Date                 #                 Balance      #                 Balance
  07/15/96                 0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
  06/13/96                 0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
  05/15/96                 0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
  04/15/96                 0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
  
  Distribution         Delinq 3+  Months              Foreclosure / Bankruptcy
  Date                 #                 Balance      #                 Balance
  07/15/96              0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
  06/13/96              0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
  05/15/96              0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
  04/15/96              0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                    0.000%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                          0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
  
  Distribution         REO                            Modifications
  Date                 #                 Balance      #                 Balance
  07/15/96                 0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
  06/13/96                 0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
  05/15/96                 0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
  04/15/96                 0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
  
  Distribution         Prepayments                    Next Weighted Avg.
  Date                 #                 Balance      Coupon            Remit
  07/15/96                  0            0           8.97097%          8.9089%
                            0.00%       0.000%
  06/13/96                  0            0           8.41029%          8.3472%
                            0.00%       0.000%
  05/15/96                  0            0           8.41026%          8.3472%
                            0.00%       0.000%
  04/15/96                  0            0           8.41025%          8.3472%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
  Note:  Foreclosure and REO Totals are Included in the
  Appropriate Delinquency Aging Category
  
  Delinquency Loan Detail
  
                                       Paid                           Outstanding
  Disclosure Doc                         Thru         Current P&I       P&I
  Control #            Period            Date         Advance           Advances**
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
  TOTALS:              0            0                 0                0
  
                                         Outstanding
                                         Property
  Disclosure Doc                         Protection   Advance           Loan
  Control #            Period            Advances     Description (1)   Status (2)
       0                 0            0                 0                0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
  TOTALS:                0            0                 0                0
  
                                         Special
                                         Servicer
  Disclosure Doc                         Transfer     Foreclosure
  Control #            Period            Date         Date
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
  TOTALS:                               0            0                 0
  
  
  Disclosure Doc                         Bankruptcy   REO
  Control #            Period            Date         Date
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
  TOTALS:                               0            0                 0
  
  
  Loan Level  Detail
                                         Spec. Servicer
  Offering Circular    Property          Transfer                       Maturity
  Control #            Type              Date         State             Date
  
  000004000272860      Office                        0                 003/11/2028
  000004000273500      Hospitality                   0                 003/11/2016
  000004000273520      Hospitality                   0                 002/11/2014
  000004000273530      Industrial                    0                 001/11/2026
  000004000273540      Hospitality                   0                 002/11/2014
  000004000273560      Retail                        0                 003/11/2021
  000004000273570      Retail                        0                 003/11/2036
  000004000273580      Hospitality                   0                 004/11/2022
  000004000273590      Retail                        0                 003/11/2026
  000004000273610      Retail-Anchored               0                 004/11/2026
  000004000273620      Hospitality                   0                 010/11/2017
  
  Offering             Ending                         Scheduled
  Circular             Scheduled         Note         Principal
  Control #            Balance           Rate         Payment
  
  000004000272860            161,000,000       7.7860%             0.00
  000004000273500             51,716,065       9.1100%        78,336.71
  000004000273520             86,849,920       7.9650%       241,277.40
  000004000273530             40,000,000       7.2200%             0.00
  000004000273540             24,435,948       7.9650%             0.00
  000004000273560             64,779,828       8.5740%        63,338.56
  000004000273570             42,000,000       9.0000%             0.00
  000004000273580            140,000,000       8.8500%             0.00
  000004000273590             62,889,816       8.9100%        35,616.52
  000004000273610             68,404,151       9.0000%        37,851.47
  000004000273620             30,000,000       8.1700%             0.00
  
                                                      Paid
  Circular             Prepayments       Prepayment   Through
  Control #            /Liquidations     Date         Date
  
  000004000272860                       0             07/11/96
  000004000273500                       0             07/11/96
  000004000273520                       0             07/11/96
  000004000273530                       0             07/11/96
  000004000273540                       0             07/11/96
  000004000273560                       0             07/11/96
  000004000273570                       0             07/11/96
  000004000273580                       0             07/11/96
  000004000273590                       0             07/11/96
  000004000273610                       0             07/11/96
  000004000273620                       0             07/11/96
  
  
                       Prepayment        Loan
  Circular             Premium           Status
  Control #            Amount            Code (*)
  
  000004000272860
  000004000273500
  000004000273520
  000004000273530
  000004000273540
  000004000273560
  000004000273570
  000004000273580
  000004000273590
  000004000273610
  000004000273620
  
  
  (*)   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
metadata_documents: [{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 45107}]
metadata_filer: {"company-data": {"conformed-name": "NOMURA ASSET SECURITIES COR COM MORT PASS TH CER SR 1996 MDV", "cik": "0001012439", "assigned-sic": "0000", "state-of-incorporation": "DE", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "033-65944-02", "film-number": "96597820"}, "business-address": {"street1": "2 WORLD FINANCIAL CENTER", "street2": "BLDG B 21ST FL", "city": "NEW YORK", "state": "NY", "zip": "10281", "phone": "2126679300"}}
text: ABN AMRO
  LaSalle National Bank
  
  Administrator:
    Mary Collier  (800) 246-5761
    135 S. LaSalle Street   Suite 1740
    Chicago, IL   60603
  
  ^Nomura Asset Securities Corporation
  ^Amresco Management, Inc. as Servicer
  ^Commercial Mortgage Pass-Through Certificates
  ^Series 1996-MD V
  
  ^ABN AMRO Acct: 67-7504-32-6
  
  Statement Date:      07/15/96
  Payment Date:        07/15/96
  Prior Payment:       NA
  Record Date:         07/10/96
  
  WAC:                          8.410285%
  WAMM:                               280
  
  ^Upper Tier
                   Original                       Opening           Principal
  Class            Face Value (1)                 Balance           Payment
  CUSIP            Per $1000                      Per $1000         Per $1000
  
  A-1A            150,000,000.00                 148,839,570.80       456,420.66
  655356HM8       1000.000000            0        992.263805         3.042804
  A-1B            352,001,941.00                 352,001,941.00             0.00
  6555356HN6      1000.000000            0       1000.000000         0.000000
  A-1C            7,492,566.00                   7,492,566.00             0.00
  655356HP1       1000.000000            0       1000.000000         0.000000
  CS-1            150,000,000.00 N               148,839,570.80             0.00
  655356JD6       1000.000000            0        992.263805         0.000000
  CS-2            516,838,397.00 N               516,838,397.00             0.00
  655356HU0,U65537BZ1  1000.000000            0       1000.000000         0.000000
  A-2             44,955,397.00                  44,955,397.00             0.00
  655356HQ9       1000.000000            0       1000.000000         0.000000
  A-3             52,447,964.00                  52,447,964.00             0.00
  655356HR7       1000.000000            0       1000.000000         0.000000
  A-4             48,701,680.00                  48,701,680.00             0.00
  655356HS5       1000.000000            0       1000.000000         0.000000
  A-5             11,238,849.00                  11,238,849.00             0.00
  655356HT3       1000.000000            0       1000.000000         0.000000
  S-1             24,435,948.00                  24,435,948.00             0.00
  655356HV8,U65537CA5 1000.000000            0       1000.000000         0.000000
  B-1             48,701,680.00                  48,701,680.00             0.00
  655356HW6,U65537CB3  1000.000000            0       1000.000000         0.000000
  B-2             33,715,552.00                  33,715,552.00             0.00
  655356HX4,U65537CC1  1000.000000            0       1000.000000         0.000000
  B-2H            1,000.66                       1,000.66             0.00
  655356HY2       1000.000000            0       1000.000000         0.000000
  R                  0.00                           0.00             0.00
  655356JB0       1000.000000            0          0.000000         0.000000
                  773,692,577.66             0   772,532,148.46       456,420.66
  
                       Principal         Negative     Closing           Interest
  Class                Adj. or Loss      Amortization Balance           Payment
  CUSIP                Per $1000         Per $1000    Per $1000         Per $1000
  
  A-1A                       0.00         0.00    148,383,150.14       876,913.14
  655356HM8             0.000000     0.000000        989.221001         5.846088
  A-1B                  0.00         0.00    352,001,941.00     2,088,544.85
  6555356HN6            0.000000     0.000000       1000.000000         5.933333
  A-1C                  0.00         0.00      7,492,566.00        44,455.89
  655356HP1             0.000000     0.000000       1000.000000         5.933333
  CS-1                  0.00         0.00    148,383,150.14       158,415.82
  655356JD6             0.000000     0.000000        989.221001         1.056105
  CS-2                  0.00         0.00    516,838,397.00       454,184.36
  655356HU0,U65537BZ1   0.000000     0.000000       1000.000000         0.878774
  A-2                   0.00         0.00     44,955,397.00       278,244.21
  655356HQ9             0.000000     0.000000       1000.000000         6.189339
  A-3                   0.00         0.00     52,447,964.00       333,796.64
  655356HR7             0.000000     0.000000       1000.000000         6.364339
  A-4                   0.00         0.00     48,701,680.00       319,694.36
  655356HS5             0.000000     0.000000       1000.000000         6.564339
  A-5                   0.00         0.00     11,238,849.00        76,210.70
  655356HT3             0.000000     0.000000       1000.000000         6.781006
  S-1                   0.00         0.00     24,435,948.00       160,386.36
  655356HV8,U65537CA5   0.000000     0.000000       1000.000000         6.563542
  B-1                   0.00         0.00     48,701,680.00       338,769.18
  655356HW6,U65537CB3   0.000000     0.000000       1000.000000         6.956006
  B-2                   0.00         0.00     33,715,552.00       234,525.58
  655356HX4,U65537CC1   0.000000     0.000000       1000.000000         6.956006
  B-2H                  0.00         0.00          1,000.66             6.96
  655356HY2             0.000000     0.000000       1000.000000         6.956006
  R                     0.00         0.00              0.00             0.00
  655356JB0             0.000000     0.000000          0.000000         0.000000
                        0.00         0.00    772,075,727.80     5,364,148.06
  Total P&I Payment                                                  5,820,568.72
  
                       Interest          Pass-Through
  Class                Adjustment        Rate (2)
  CUSIP                Per $1000         Next Rate (3)
  
  A-1A                              0.00     7.070000%
  655356HM8                      0.000000    7.070000%
  A-1B                              0.00     7.120000%
  6555356HN6                     0.000000    7.120000%
  A-1C                              0.00     7.120000%
  655356HP1                      0.000000    7.120000%
  CS-1                              0.00     1.277207%
  655356JD6                      0.000000    1.277216%
  CS-2                              0.00     1.054529%
  655356HU0,U65537BZ1            0.000000    0.000000%
  A-2                               0.00     7.427207%
  655356HQ9                      0.000000    7.427216%
  A-3                               0.00     7.637207%
  655356HR7                      0.000000    7.637216%
  A-4                               0.00     7.877207%
  655356HS5                      0.000000    7.877216%
  A-5                               0.00     8.137207%
  655356HT3                      0.000000    8.137216%
  S-1                               0.00     7.876250%
  655356HV8,U65537CA5            0.000000    7.876250%
  B-1                               0.00     8.347207%
  655356HW6,U65537CB3            0.000000    8.347216%
  B-2                               0.00     8.347207%
  655356HX4,U65537CC1            0.000000    8.347216%
  B-2H                              0.00     8.347207%
  655356HY2                      0.000000    8.347216%
  R                                 0.00         None
  655356JB0                      0.000000    0.000000%
                                    0.00     0.000000%
  
  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              150,000,000.00                 148,839,570.80       456,420.66
  655356HM8         1000.000000            0        992.263805         3.042804
  A-1B              352,001,941.00                 352,001,941.00             0.00
  6555356HN6        1000.000000            0       1000.000000         0.000000
  A-1C              7,492,566.00                   7,492,566.00             0.00
  655356HP1         1000.000000            0       1000.000000         0.000000
  CS-1              150,000,000.00 N               148,839,570.80             0.00
  655356JD6         1000.000000            0        992.263805         0.000000
  CS-2              516,838,397.00 N               516,838,397.00             0.00
  655356HU0,U65537BZ1  1000.000000            0       1000.000000         0.000000
  A-2               44,955,397.00                  44,955,397.00             0.00
  655356HQ9         1000.000000            0       1000.000000         0.000000
  A-3               52,447,964.00                  52,447,964.00             0.00
  655356HR7         1000.000000            0       1000.000000         0.000000
  A-4               48,701,680.00                  48,701,680.00             0.00
  655356HS5         1000.000000            0       1000.000000         0.000000
  A-5               11,238,849.00                  11,238,849.00             0.00
  655356HT3         1000.000000            0       1000.000000         0.000000
  S-1               24,435,948.00                  24,435,948.00             0.00
  655356HV8,U65537CA5  1000.000000            0       1000.000000         0.000000
  B-1               48,701,680.00                  48,701,680.00             0.00
  655356HW6,U65537CB3  1000.000000            0       1000.000000         0.000000
  B-2                33,715,552.00                  33,715,552.00             0.00
  655356HX4,U65537CC1  1000.000000            0       1000.000000         0.000000
  B-2H               1,000.66                       1,000.66             0.00
  655356HY2          1000.000000            0       1000.000000         0.000000
  R                  0.00                           0.00             0.00
  655356JB0          1000.000000            0          0.000000         0.000000
                    773,692,575.66             0   772,532,148.46       456,420.66
  
                       Principal         Negative     Closing
  Class                Adj. or Loss      Amortization Balance
  CUSIP                Per $1000         Per $1000    Per $1000
  
  A-1A                              0.00         0.00    148,383,150.14
  655356HM8                      0.000000     0.000000        989.221001
  A-1B                              0.00         0.00    352,001,941.00
  6555356HN6                     0.000000     0.000000       1000.000000
  A-1C                              0.00         0.00      7,492,566.00
  655356HP1                      0.000000     0.000000       1000.000000
  CS-1                              0.00         0.00    148,383,150.14
  655356JD6                      0.000000     0.000000        989.221001
  CS-2                              0.00         0.00    516,838,397.00
  655356HU0,U65537BZ1            0.000000     0.000000       1000.000000
  A-2                               0.00         0.00     44,955,397.00
  655356HQ9                      0.000000     0.000000       1000.000000
  A-3                               0.00         0.00     52,447,964.00
  655356HR7                      0.000000     0.000000       1000.000000
  A-4                               0.00         0.00     48,701,680.00
  655356HS5                      0.000000     0.000000       1000.000000
  A-5                               0.00         0.00     11,238,849.00
  655356HT3                      0.000000     0.000000       1000.000000
  S-1                               0.00         0.00     24,435,948.00
  655356HV8,U65537CA5            0.000000     0.000000       1000.000000
  B-1                               0.00         0.00     48,701,680.00
  655356HW6,U65537CB3            0.000000     0.000000       1000.000000
  B-2                               0.00         0.00     33,715,552.00
  655356HX4,U65537CC1            0.000000     0.000000       1000.000000
  B-2H                              0.00         0.00          1,000.66
  655356HY2                      0.000000     0.000000       1000.000000
  R                                 0.00         0.00              0.00
  655356JB0                      0.000000     0.000000          0.000000
                                    0.00         0.00    772,075,727.80
  Total P&I Payment                                        5,820,568.72
  
                       Interest          Interest     Pass-Through
  Class                Payment           Adjustment   Rate (2)
  CUSIP                Per $1000         Per $1000    Next Rate (3)
  
  A-1A                        876,913.14         0.00          7.070000%
  655356HM8                      5.846088     0.000000         7.070000%
  A-1B                      2,088,544.85         0.00          7.120000%
  6555356HN6                     5.933333     0.000000         7.120000%
  A-1C                         44,455.89         0.00          7.120000%
  655356HP1                      5.933333     0.000000         7.120000%
  CS-1                        158,415.82         0.00          1.277207%
  655356JD6                      1.056105     0.000000         1.277216%
  CS-2                        454,184.36         0.00          1.054529%
  655356HU0,U65537BZ1            0.878774     0.000000         0.000000%
  A-2                         278,244.21         0.00          7.427207%
  655356HQ9                      6.189339     0.000000         7.427216%
  A-3                         333,796.64         0.00          7.637207%
  655356HR7                      6.364339     0.000000         7.637216%
  A-4                         319,694.36         0.00          7.877207%
  655356HS5                      6.564339     0.000000         7.877216%
  A-5                          76,210.70         0.00          8.137207%
  655356HT3                      6.781006     0.000000         8.137216%
  S-1                         160,386.36         0.00          7.876250%
  655356HV8,U65537CA5            6.563542     0.000000         7.876250%
  B-1                         338,769.18         0.00          8.347207%
  655356HW6,U65537CB3            6.956006     0.000000         8.347216%
  B-2                         234,525.58         0.00          8.347207%
  655356HX4,U65537CC1            6.956006     0.000000         8.347216%
  B-2H                              6.96         0.00          8.347207%
  655356HY2                      6.956006     0.000000         8.347216%
  R                                 0.00         0.00         None
  655356JB0                      0.000000     0.000000         0.000000%
                            5,364,148.06         0.00          0.000000%
  
  ^Grantor Trust Certificates
  
                       Original                       Opening           Principal
  Class                Face Value (1)                 Balance           Payment
  CUSIP                Per $1000                      Per $1000         Per $1000
  V-1                    0.00                           0.00             0.00
  655356HZ9           1000.000000            0          0.000000         0.000000
  V-2                   0.00                           0.00             0.00
  655356JA2           1000.000000            0          0.000000         0.000000
                        0.00             0             0.00             0.00
  
                       Principal         Negative     Closing           Interest
  Class                Adj. or Loss      Amortization Balance           Payment
  CUSIP                Per $1000         Per $1000    Per $1000         Per $1000
  V-1                    0.00         0.00              0.00             0.00
  655356HZ9           0.000000     0.000000          0.000000         0.000000
  V-2                    0.00         0.00              0.00             0.00
  655356JA2           0.000000     0.000000          0.000000         0.000000
                         0.00         0.00              0.00             0.00
  
                       Interest          Pass-Through
  Class                Adjustment        Rate (2)
  CUSIP                Per $1000         Next Rate (3)
  V-1                               0.00         None
  655356HZ9                      0.000000    0.000000%
  V-2                               0.00         None
  655356JA2                      0.000000    0.000000%
                                    0.00     0.000000%
  
  Amount of Available Funds allocable to principal:
  
  Principal Distrbution Amount                                          456,420.66
  S-1 Principal Distribution Amount                                          0.00
  Amount of Available Funds Allocable to Principal                      456,420.66
  Amount of S-1 Available Funds Allocable to Principal                       0.00
  
  Advance Summary:                                    Beginning         Current
                                                      Unreimbursed      Period
  Servicer Property Protection Advances                   0.00             0.00
  Servicer S-1 P&I Advances                               0.00             0.00
  Servicer P&I Advances                                   0.00             0.00
  Trustee P&I Advances                                    0.00             0.00
  Fiscal Agent P&I Advance                                0.00             0.00
  
    Total                                                   0                0
  
  Advance Summary:                                                      Ending
                                                   Reimbursed        Unreimbursed
  Servicer Property Protection Advances                  0.00             0.00
  Servicer S-1 P&I Advances                              0.00             0.00
  Servicer P&I Advances                                  0.00             0.00
  Trustee P&I Advances                                   0.00             0.00
  Fiscal Agent P&I Advance                               0.00             0.00
  
    Total                                                0.00             0.00
  
  Amount of Available Funds Allocable to Interest                             0.00
  
  Class CS-2 Components                  Interest Distribution Amount
    A-1B Component                         107,994.83
    A-1C Component                           2,298.73
    A-2 Component                           10,339.74
    A-3 Component                            9,309.51
    A-4 Component                            5,722.45
    A-5 Component                              590.04
  
  Class CS-2 Components                  Current Interest Shortfalls
    A-1B Component                               0.00
    A-1C Component                               0.00
    A-2 Component                                0.00
    A-3 Component                                0.00
    A-4 Component                                0.00
    A-5 Component                                0.00
  
  Prepayment Interest Shortfall                                    0.00
  S-1 Prepayment Interest Shortfall                                0.00
  Servicers Prepayment Interest Shortfall                          0.00
  S-1 Servicer Prepayement Interest Shortfall                      0.00
  
  Beginning Account Balance Contained in Reserve Accounts                    0.00
  
  Summary of REO Property:
  
  Appraised value of real estate acquired through foreclosure
  or grant of a deed in lieu of foreclosure                                  0.00
  
  Property Name        Date of REO       Principal Balance              Book Value
                      0                          0.00                     0.00
  
                      0                          0.00                     0.00
                      0                          0.00                     0.00
    Totals                                       0.00                     0.00
  
                       Date of Final     Amount       Aggregate Other
  Property Name        Recovery          of Proceeds  Revenues Collected
                      0                          0.00              0.00
  
                      0                          0.00              0.00
                      0                          0.00              0.00
    Totals                                       0.00              0.00
  
  Specially Serviced Mortgage Loans:
  
                                         Principal
  Borrower             Number            Balance
                      0                 0        0.00
  
  Summary of Expenses:
  
  Current Period Servicing Fees                               53,916.31
  Current Period Trustee Fees                                  3,218.89
  Current Pd. Special Servicing Compensation Paid                  0.00
  Add'l Servicing Compensation, per Section 3.12a                  0.00
  
    Total                                                        57135.2
  
                                                                        Amount per
                                                                         $1,000
  Prepayment Premiums received during the Collection Period               0.00
  Default Interest received during the Collection Period                  0.00
  Net Default Interest received during the Collection Period              0.00
  Excess  Interest received during the Collection Period                  0.00
  
  Prepayment Premiums received during the Collection Period               0.00
  Default Interest received during the Collection Period                  0.00
  Net Default Interest received during the Collection Period              0.00
  Excess  Interest received during the Collection Period                  0.00
  
                   Prior             Remaining    Current           Aggregate
                  Interest          Interest     Realized          Realized
  Class          Shortfall         Shortfall    Loss Allocation   Loss Allocation
  A-1B             0.00         0.00              0.00             0.00
  A-1C             0.00         0.00              0.00             0.00
  CS-1             0.00         0.00              0.00             0.00
  CS-2             0.00         0.00              0.00             0.00
  A-2              0.00         0.00              0.00             0.00
  A-3              0.00         0.00              0.00             0.00
  A-4              0.00         0.00              0.00             0.00
  A-5              0.00         0.00              0.00             0.00
  S-1              0.00         0.00              0.00             0.00
  B-1              0.00         0.00              0.00             0.00
  B-2              0.00         0.00              0.00             0.00
  B-2H             0.00         0.00              0.00             0.00
  R                0.00         0.00              0.00             0.00
  
  Total            0.00         0.00              0.00             0.00
  
                                                  Current           Cumulative
  Realized Losses on Mortgage Loans                  0.00             0.00
  Realized Losses on S-1                             0.00             0.00
  
                                                      Beginning         Ending
  Strip Component Balances:                           Principal         Principal
                                                      Balance           Balance
  A-1A                                          148,839,570.80   148,383,150.14
  A-1B                                          352,001,941.00   352,001,941.00
  A-1C                                          7,492,566.00     7,492,566.00
  A-2                                           44,955,397.00    44,955,397.00
  A-3                                           52,447,964.00    52,447,964.00
  A-4                                           48,701,680.00    48,701,680.00
  A-5                                           11,238,849.00    11,238,849.00
  TOTAL
  Delinquency /Prepayment / Rate History Reporting
  
  Distribution         Delinq 1 Month                 Delinq 2 Months
  Date                 #                 Balance      #                 Balance
  07/15/96                 0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
  06/13/96                 0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
  05/15/96                 0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
  04/15/96                 0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
  
  Distribution         Delinq 3+  Months              Foreclosure / Bankruptcy
  Date                 #                 Balance      #                 Balance
  07/15/96              0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
  06/13/96              0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
  05/15/96              0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
  04/15/96              0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                    0.000%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                        0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
                          0            0                 0                0
                     0.00%       0.000%             0.00%           0.000%
  
  Distribution         REO                            Modifications
  Date                 #                 Balance      #                 Balance
  07/15/96                 0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
  06/13/96                 0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
  05/15/96                 0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
  04/15/96                 0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
                           0            0                 0                0
                        0.00%       0.000%             0.00%           0.000%
  
  Distribution         Prepayments                    Next Weighted Avg.
  Date                 #                 Balance      Coupon            Remit
  07/15/96                  0            0           8.97097%          8.9089%
                            0.00%       0.000%
  06/13/96                  0            0           8.41029%          8.3472%
                            0.00%       0.000%
  05/15/96                  0            0           8.41026%          8.3472%
                            0.00%       0.000%
  04/15/96                  0            0           8.41025%          8.3472%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
                            0            0           0.00000%          0.0000%
                            0.00%       0.000%
  Note:  Foreclosure and REO Totals are Included in the
  Appropriate Delinquency Aging Category
  
  Delinquency Loan Detail
  
                                       Paid                           Outstanding
  Disclosure Doc                         Thru         Current P&I       P&I
  Control #            Period            Date         Advance           Advances**
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
     0                 0            0                 0                0
  TOTALS:              0            0                 0                0
  
                                         Outstanding
                                         Property
  Disclosure Doc                         Protection   Advance           Loan
  Control #            Period            Advances     Description (1)   Status (2)
       0                 0            0                 0                0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                                  0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
       0                 0            0                 0                0
  TOTALS:                0            0                 0                0
  
                                         Special
                                         Servicer
  Disclosure Doc                         Transfer     Foreclosure
  Control #            Period            Date         Date
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
  TOTALS:                               0            0                 0
  
  Disclosure Doc                         Bankruptcy   REO
  Control #            Period            Date         Date
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
                      0                 0            0                 0
  TOTALS:                               0            0                 0
  
  Loan Level  Detail
                                         Spec. Servicer
  Offering Circular    Property          Transfer                       Maturity
  Control #            Type              Date         State             Date
  
  000004000272860      Office                        0                 003/11/2028
  000004000273500      Hospitality                   0                 003/11/2016
  000004000273520      Hospitality                   0                 002/11/2014
  000004000273530      Industrial                    0                 001/11/2026
  000004000273540      Hospitality                   0                 002/11/2014
  000004000273560      Retail                        0                 003/11/2021
  000004000273570      Retail                        0                 003/11/2036
  000004000273580      Hospitality                   0                 004/11/2022
  000004000273590      Retail                        0                 003/11/2026
  000004000273610      Retail-Anchored               0                 004/11/2026
  000004000273620      Hospitality                   0                 010/11/2017
  
  Offering             Ending                         Scheduled
  Circular             Scheduled         Note         Principal
  Control #            Balance           Rate         Payment
  
  000004000272860            161,000,000       7.7860%             0.00
  000004000273500             51,716,065       9.1100%        78,336.71
  000004000273520             86,849,920       7.9650%       241,277.40
  000004000273530             40,000,000       7.2200%             0.00
  000004000273540             24,435,948       7.9650%             0.00
  000004000273560             64,779,828       8.5740%        63,338.56
  000004000273570             42,000,000       9.0000%             0.00
  000004000273580            140,000,000       8.8500%             0.00
  000004000273590             62,889,816       8.9100%        35,616.52
  000004000273610             68,404,151       9.0000%        37,851.47
  000004000273620             30,000,000       8.1700%             0.00
  
                                                      Paid
  Circular             Prepayments       Prepayment   Through
  Control #            /Liquidations     Date         Date
  
  000004000272860                       0             07/11/96
  000004000273500                       0             07/11/96
  000004000273520                       0             07/11/96
  000004000273530                       0             07/11/96
  000004000273540                       0             07/11/96
  000004000273560                       0             07/11/96
  000004000273570                       0             07/11/96
  000004000273580                       0             07/11/96
  000004000273590                       0             07/11/96
  000004000273610                       0             07/11/96
  000004000273620                       0             07/11/96
  
                       Prepayment        Loan
  Circular             Premium           Status
  Control #            Amount            Code (*)
  
  000004000272860
  000004000273500
  000004000273520
  000004000273530
  000004000273540
  000004000273560
  000004000273570
  000004000273580
  000004000273590
  000004000273610
  000004000273620
  
  (*)   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