Exhibit 20.2
                                                               ------------


DIST. DATE: 19-MAY-1997             Chase Commercial Mortgage Securities Corp.
REC.  DATE: 30-APR-1997
                                  Commercial Mortgage Pass-Through Certificates


                                  Series 1996-1

                       Monthly Certificate Holders Report

<TABLE>
<CAPTION>

 CLAS   CUSIP      BEG. BALANCE     PRIN. DIST.     INT. DIST.    PREP PENAL   COLL DEFICIT    TOTAL DIST       END BALANCE
<S>   <C>       <C>               <C>            <C>            <C>          <C>            <C>              <C>            
 A1   161505AA0  186,348,048.97      420,350.77    1,180,204.31     0.00       0.00            1,600,555.08     185,927,698.20
 A2   161505AB8  123,421,002.00            0.00      781,666.35     0.00       0.00              781,666.35     123,421,002.00
 B    161505AE2   26,589,563.00            0.00      168,400.57     0.00       0.00              168,400.57      26,589,563.00
 C    161505AF9   22,157,969.00            0.00      140,333.80     0.00       0.00              140,333.80      22,157,969.00
 D    161505AG7   15,510,578.00            0.00       98,233.66     0.00       0.00               98,233.66      15,510,578.00
 E    161505AH5   11,078,984.00            0.00       70,166.90     0.00       0.00               70,166.90      11,078,984.00
 F    161505AJ1   24,373,766.00            0.00      154,367.18     0.00       0.00              154,367.18      24,373,766.00
 G    161505AK8   17,726,375.00            0.00      112,267.04     0.00       0.00              112,267.04      17,726,375.00
 H    161505AL6   11,078,984.00            0.00       70,168.54     0.00       0.00               70,168.54      11,078,984.00
 P    161505AC6    1,208,659.97        1,545.55            0.00     0.00       0.00                1,545.55       1,207,114.42
 R                         0.00            0.00            0.00     0.00       0.00                    0.00               0.00
 X    161505AD4  439,493,932.47            0.00      300,569.90     0.00       0.00              300,569.90     439,072,036.15

   TOTAL:        439,493,929.94      421,896.32    3,076,378.25     0.00       0.00            3,498,274.57     439,072,033.62

</TABLE>

<PAGE>


                   Chase Commercial Mortgage Securities Corp.
                  Commercial Mortgage Pass-Through Certificates

                                  Series 1996-1

                       Monthly Certificate Holders Report


<TABLE>
<CAPTION>

 CLAS  CUSIP         ACCR INT      APPR RED AMT      UNPAID INT    PRIN FACTOR     INT FACTOR   E. BAL FACTOR  CURR RATE  NEXT RATE
<S>  <C>          <C>              <C>            <C>            <C>             <C>          <C>             <C>        <C> 

 A1   161505AA0  1,180,204.31              0.00            0.00    2.21237247     6.21160163     978.56683263    7.60000   7.60000
 A2   161505AB8    781,666.35              0.00            0.00    0.00000000     6.33333337   1,000.00000000    7.60000   7.60000
 P    161505AC6          0.00              0.00            0.00    1.26461150     0.00000000     987.69420220    0.00000   0.00000
 B    161505AE2    168,400.57              0.00            0.00    0.00000000     6.33333350   1,000.00000000    7.60000   7.60000
 C    161505AF9    140,333.80              0.00            0.00    0.00000000     6.33333317   1,000.00000000    7.60000   7.60000
 D    161505AG7     98,233.66              0.00            0.00    0.00000000     6.33333329   1,000.00000000    7.60000   7.60000
 E    161505AH5     70,166.90              0.00            0.00    0.00000000     6.33333345   1,000.00000000    7.60000   7.60000
 F    161505AJ1    154,367.18              0.00            0.00    0.00000000     6.33333314   1,000.00000000    7.60000   7.60000
 G    161505AK8    112,267.04              0.00            0.00    0.00000000     6.33333324   1,000.00000000    7.60000   7.60000
 H    161505AL6     70,166.90              0.00            0.00    0.00000000     6.33348148   1,000.00000000    7.60000   7.60000
 R                       0.00              0.00            0.00    0.00000000     0.00000000       0.00000000    0.00000   0.00000
 X    161505AD4    300,569.90              0.00            0.00    0.00000000     0.67824335     990.77681397    0.82068   0.82068

   TOTAL:        3,076,376.61              0.00            0.00                                            
</TABLE>

<PAGE>


                                    Chase Commercial Mortgage Securities Corp.
DIST. DATE: 19-MAY-1997           Commercial Mortgage Pass-Through Certificates
REC.  DATE: 30-APR-1997
                                                 Series 1996-1

                                       Monthly Certificate Holders Report



P & I Advances                                                     25,211.32

Servicing Compensation                                             49,364.87

Beginning Balance(Mortgage Loans)                             439,493,932.47

Ending Balance(Mortgage Loans)                                439,072,036.15

Beginning Balance(REO Loans)                                            0.00

Ending Balance(REO Loans)                                               0.00

Aggregate Number of Mortgage Loans                                        87

Aggregate Mortgage Principal Balance                          439,072,036.15

Weighted Average Remaining Term to Maturity                           103.71

Weighted Average Mortgage Rate                                       8.53414%

# of Loans Delinquent(1 month)                                             0

Balance of Loans Delinquent(1 month)                                    0.00

# of Loans Delinquent(2 month)                                             0

Balance of Loans Delinquent(2 month)                                    0.00

# of Loans Delinquent(3 month)                                             0

Balance of Loans Delinquent(3 month)                                    0.00

# of Loans Delinquent(In Foreclosure)                                      0

Balance of Loans Delinquent(In Foreclosure)                             0.00

Appraisal Value of REO Property                                         0.00

Available Distribution Amount                                   3,498,274.52

Scheduled Principal Distribution Amount                           421,896.32

Unscheduled Principal Distribution Amount                               0.00


<PAGE>

                                   Chase Commercial Mortgage Securities Corp.
DIST. DATE: 19-MAY-1997          Commercial Mortgage Pass-Through Certificates
REC.  DATE: 30-APR-1997

                                               Series 1996-2

                                  Monthly Certificate Holders Report
<TABLE>
<CAPTION>

 CLAS   CUSIP      BEG. BALANCE     PRIN. DIST.      INT. DIST.      PREP PENAL    COLL DEFICIT      TOTAL DIST      END BALANCE
<S>  <C>        <C>               <C>             <C>              <C>            <C>              <C>           <C>           

 A-1  161505AN2   53,379,165.42      152,205.28      298,033.67            0.00            0.00      450,238.95     53,226,960.14
 A-2  161505AP7  128,080,472.00            0.00      736,462.71            0.00            0.00      736,462.71    128,080,472.00
 B    161505AQ5   17,027,021.00            0.00       97,905.37            0.00            0.00       97,905.37     17,027,021.00
 C    161505AR3   15,717,250.00            0.00       90,374.19            0.00            0.00       90,374.19     15,717,250.00
 D    161505AS1   13,097,708.00            0.00       75,311.82            0.00            0.00       75,311.82     13,097,708.00
 E    161505AT9    5,239,083.00            0.00       30,124.73            0.00            0.00       30,124.73      5,239,083.00
 F    161505AV4   13,097,708.00            0.00       75,311.82            0.00            0.00       75,311.82     13,097,708.00
 G    161505AW2    9,168,396.00            0.00       52,718.28            0.00            0.00       52,718.28      9,168,396.00
 H    161505AX0    6,548,854.00            0.00       37,547.85            0.00            0.00       37,547.85      6,548,854.00
 R    N/A                  0.00            0.00            0.00            0.00            0.00            0.00              0.00
 X    161505AU6  261,355,659.06            0.00      319,315.07            0.00            0.00      319,315.07    261,203,453.78


   TOTAL:        261,355,657.42      152,205.28    1,813,105.51            0.00            0.00    1,965,310.79    261,203,452.14

</TABLE>

<PAGE>


                                    Chase Commercial Mortgage Securities Corp.
DIST. DATE: 19-MAY-1997           Commercial Mortgage Pass-Through Certificates
REC.  DATE: 30-APR-1997
                                               Series 1996-2

                                    Monthly Certificate Holders Report


<TABLE>
<CAPTION>

 CLAS  CUSIP        ACCR INT       PRIN FACTOR     INT FACTOR     E. BAL FACTOR   CURR RATE   NEXT RATE
<S>   <C>       <C>             <C>              <C>            <C>             <C>          <C>         

 A-1  161505A     298,033.67       2.81978228      5.52142515       986.09219616   6.70000     6.70000
 A-2  161505A     736,462.71       0.00000000      5.74999997     1,000.00000000   6.90000     6.90000
 B    161505A      97,905.37       0.00000000      5.74999996     1,000.00000000   6.90000     6.90000
 C    161505A      90,374.19       0.00000000      5.75000016     1,000.00000000   6.90000     6.90000
 D    161505A      75,311.82       0.00000000      5.74999992     1,000.00000000   6.90000     6.90000
 E    161505A      30,124.73       0.00000000      5.75000052     1,000.00000000   6.90000     6.90000
 F    161505A      75,311.82       0.00000000      5.74999992     1,000.00000000   6.90000     6.90000
 G    161505A      52,718.28       0.00000000      5.75000033     1,000.00000000   6.90000     6.90000
 H    161505A      37,655.91       0.00000000      5.73349933     1,000.00000000   6.90000     6.90000
 R    N/A               0.00       0.00000000      0.00000000         0.00000000   0.00000     0.00000
 X    161505A           0.00       0.00000000      1.21897306       997.13419245   1.46612     1.46614

   TOTAL:       1,493,898.50
</TABLE>

<PAGE>


                                   Chase Commercial Mortgage Securities Corp.
DIST. DATE: 19-MAY-1997          Commercial Mortgage Pass-Through Certificates
REC.  DATE: 30-APR-1997
                                               Series 1996-2

                                    Monthly Certificate Holders Report



 P & I Advances                                                          0.00

 Servicing Compensation                                             21,509.68

 Trustee Compensation                                                1,873.07

 Beginning Balance(Mortgage Loans)                             261,355,659.06

 Ending Balance(Mortgage Loans)                                261,203,453.78

 Beginning Balance(REO Loans)                                            0.00

 Ending Balance(REO Loans)                                               0.00

 Aggregate Number of Mortgage Loans                                        96

 Aggregate Mortgage Principal Balance                          261,203,453.78

 Weighted Average Remaining Term to Maturity                           103.68

 Weighted Average Mortgage Rate                                       8.43274%

 # of Loans Delinquent(1 month)                                             0

 Balance of Loans Delinquent(1 month)                                    0.00

 # of Loans Delinquent(2 month)                                             0

 Balance of Loans Delinquent(2 month)                                    0.00

 # of Loans Delinquent(3 month)                                             0

 Balance of Loans Delinquent(3 month)                                    0.00

 # of Loans Delinquent(In Foreclosure)                                      0

 Balance of Loans Delinquent(In Foreclosure)                             0.00

 Appraisal Value of REO Property                                         0.00

 Available Distribution Amount                                   1,965,310.79

 Scheduled Principal Distribution Amount                           152,205.28

 Unscheduled Principal Distribution Amount                               0.00