<PAGE> 
<TABLE>
RUN DATE:01/15/99   13:54:15           Chase Commercial Mortgage Securities Corp.                            Page  1
DIST. DATE: 19-JAN-1999               Commercial Mortgage Pass-Through Certificates
REC.  DATE: 31-DEC-1998
                                                           Series 1996-2

                                                Monthly Certificate Holders Report



 CLAS CUSIP        BEG. BALANCE     PRIN. DIST.      INT. DIST.      PREP PENAL    COLL DEFICIT      TOTAL DIST    END BALANCE

<S>  <C>        <C>              <C>            <C>             <C>             <C>              <C>            <C>         
 A-1  161505AN2   44,625,768.85      169,626.66      249,160.54            0.00            0.00      418,787.20   44,456,142.19
 A-2  161505AP7  128,080,472.00            0.00      736,462.71            0.00            0.00      736,462.71  128,080,472.00
 B    161505AQ5   17,027,021.00            0.00       97,905.37            0.00            0.00       97,905.37   17,027,021.00
 C    161505AR3   15,717,250.00            0.00       90,374.19            0.00            0.00       90,374.19   15,717,250.00
 D    161505AS1   13,097,708.00            0.00       75,311.82            0.00            0.00       75,311.82   13,097,708.00
 E    161505AT9    5,239,083.00            0.00       30,124.73            0.00            0.00       30,124.73    5,239,083.00
 F    161505AV4   13,097,708.00            0.00       75,311.82            0.00            0.00       75,311.82   13,097,708.00
 G    161505AW2    9,168,396.00            0.00       52,718.28            0.00            0.00       52,718.28    9,168,396.00
 H    161505AX0    6,548,854.00            0.00       37,655.91            0.00            0.00       37,655.91    6,548,854.00
 R    N/A                  0.00            0.00        1,810.38            0.00            0.00        1,810.38            0.00
 X    161505AU6  252,602,262.49            0.00      310,876.18            0.00            0.00      310,876.18  252,432,635.83


   TOTAL:        252,602,260.85      169,626.66    1,757,711.93            0.00            0.00    1,927,338.59  252,432,634.19
1
</TABLE>
<TABLE>
RUN DATE:01/15/99   13:54:15           Chase Commercial Mortgage Securities Corp.                            Page  2
DIST. DATE: 19-JAN-1999               Commercial Mortgage Pass-Through Certificates
REC.  DATE: 31-DEC-1998
                                                           Series 1996-2

                                                Monthly Certificate Holders Report



 CLAS CUSIP         ACCR INT       PRIN FACTOR     INT FACTOR     E. BAL FACTOR   CURR RATE   NEXT RATE

<S>  <C>      <C>           <C>               <C>            <C>                <C>        <C>    
 A-1  161505A     249,160.54       3.14253388      4.61599279       823.60245202   6.70000     6.70000
 A-2  161505A     736,462.71       0.00000000      5.74999997     1,000.00000000   6.90000     6.90000
 B    161505A      97,905.37       0.00000000      5.74999996     1,000.00000000   6.90000     6.90000
 C    161505A      90,374.19       0.00000000      5.75000016     1,000.00000000   6.90000     6.90000
 D    161505A      75,311.82       0.00000000      5.74999992     1,000.00000000   6.90000     6.90000
 E    161505A      30,124.73       0.00000000      5.75000052     1,000.00000000   6.90000     6.90000
 F    161505A      75,311.82       0.00000000      5.74999992     1,000.00000000   6.90000     6.90000
 G    161505A      52,718.28       0.00000000      5.75000033     1,000.00000000   6.90000     6.90000
 H    161505A      37,655.91       0.00000000      5.74999992     1,000.00000000   6.90000     6.90000
 R    N/A               0.00       0.00000000      0.00000000         0.00000000   0.00000     0.00000
 X    161505A           0.00       0.00000000      1.18675792       963.65193046   1.47683     1.47685
</TABLE>

<PAGE>

   TOTAL:       1,445,025.37

RUN DATE:01/15/99   13:54:15        Chase Commercial Mortgage Securities Corp.  
DIST. DATE: 19-JAN-1999            Commercial Mortgage Pass-Through Certificates
REC.  DATE: 31-DEC-1998
Page  3
                                                   Series 1996-2

                                        Monthly Certificate Holders Report




P & I Advances                                                          0.00

Servicing Compensation                                             20,863.87

Trustee Compensation                                                1,810.32

Beginning Balance(Mortgage Loans)                             252,602,262.49

Ending Balance(Mortgage Loans)                                252,432,635.83

Beginning Balance(REO Loans)                                            0.00

Ending Balance(REO Loans)                                               0.00

Aggregate Number of Mortgage Loans                                        94

Aggregate Mortgage Principal Balance                          252,432,635.83

Weighted Average Remaining Term to Maturity                            87.42

Weighted Average Mortgage Rate                                       8.44934%

# 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)                                             1

Balance of Loans Delinquent(3 month)                            3,294,604.30

# of Loans Delinquent(In Foreclosure)                                      0

Balance of Loans Delinquent(In Foreclosure)                             0.00

Appraisal Value of REO Property                                         0.00

Available Distribution Amount                                   1,927,338.59

Scheduled Principal Distribution Amount                           169,626.66

Unscheduled Principal Distribution Amount                               0.00