<PAGE> 
<TABLE>



     RUN DATE:12/16/98   17:01:19           Chase Commercial Mortgage Securities Corp.                            Page  1
     DIST. DATE: 18-DEC-1998               Commercial Mortgage Pass-Through Certificates
     REC.  DATE: 30-NOV-1998
                                                           Series 1996-1

                                                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>           
 A1   161505AA0  177,828,544.86      480,996.62    1,126,247.45            0.00            0.00    1,607,244.07  177,347,548.24
 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       64,495.68            0.00            0.00       64,495.68   11,078,984.00
 P    161505AC6    1,177,620.85        1,735.37            0.00            0.00            0.00        1,735.37    1,175,885.48
 R                         0.00            0.00            0.00            0.00            0.00            0.00            0.00
 X    161505AD4  430,943,389.24            0.00      294,662.42            0.00            0.00      294,662.42  430,460,657.25


   TOTAL:        430,943,386.71      482,731.99    3,010,841.05            0.00            0.00    3,493,573.04  430,460,654.72

</TABLE>
<PAGE>
<TABLE>

     RUN DATE:12/16/98   17:01:19           Chase Commercial Mortgage Securities Corp.                            Page  2
     DIST. DATE: 18-DEC-1998               Commercial Mortgage Pass-Through Certificates
     REC.  DATE: 30-NOV-1998
                                                           Series 1996-1

                                                Monthly Certificate Holders Report



 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  1,126,247.45              0.00            0.00    2.53156116     5.92761816   933.40814863    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    1.41992744     0.00000000   962.14182501    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        5,671.20    0.00000000     5.82144355 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    294,662.42              0.00            0.00    0.00000000     0.66491297   971.34502636    0.82051   0.82050


   TOTAL:       3,016,512.27               0.00        5,671.20

</TABLE>
<PAGE>

RUN DATE:12/16/98 17:01:19        Chase Commercial Mortgage Securities Corp.
DIST. DATE: 18-DEC-1998         Commercial Mortgage Pass-Through Certificates
REC.  DATE: 30-NOV-1998
Page  3                                          Series 1996-1

                                       Monthly Certificate Holders Report




P & I Advances                                                     46,912.56

Servicing Compensation                                             47,948.82

Beginning Balance(Mortgage Loans)                             427,943,238.18

Ending Balance(Mortgage Loans)                                427,464,116.54

Beginning Balance(REO Loans)                                    3,000,151.06

Ending Balance(REO Loans)                                       2,996,540.71

Aggregate Number of Mortgage Loans                                        87

Aggregate Mortgage Principal Balance                          430,460,657.25

Weighted Average Remaining Term to Maturity                            84.70

Weighted Average Mortgage Rate                                       8.53406%

# 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                                 2,800,000.00

Available Distribution Amount                                   3,493,573.04

Scheduled Principal Distribution Amount                           482,731.99

Unscheduled Principal Distribution Amount                               0.00

<PAGE>
<TABLE>

------------------------------------------------------------------------------------------------------------------------------------
     RUN DATE:12/16/98   15:30:09           Chase Commercial Mortgage Securities Corp.                            Page  1
     DIST. DATE: 21-DEC-1998               Commercial Mortgage Pass-Through Certificates
     REC.  DATE: 30-NOV-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   44,794,235.44      168,466.59      250,101.15            0.00            0.00      418,567.74   44,625,768.85
 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       31,070.38            0.00            0.00       31,070.38    6,548,854.00
 R    N/A                  0.00            0.00            0.00            0.00            0.00            0.00            0.00
 X    161505AU6  252,770,729.08            0.00      311,079.85            0.00            0.00      311,079.85  252,602,262.49


   TOTAL:        252,770,727.44      168,466.59    1,750,460.30            0.00            0.00    1,918,926.89  252,602,260.85


RUN DATE:12/16/98   15:30:09           Chase Commercial Mortgage Securities Corp.                            Page  2
DIST. DATE: 21-DEC-1998               Commercial Mortgage Pass-Through Certificates
REC.  DATE: 30-NOV-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     250,101.15       3.12104222      4.63341870       826.74498590   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      4.74439955     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      1.18753543       964.29947374   1.47682     1.47683


   TOTAL:       1,445,965.98
</TABLE>
<PAGE>

RUN DATE:12/16/98   15:30:09       Chase Commercial Mortgage Securities Corp.   
DIST. DATE: 21-DEC-1998           Commercial Mortgage Pass-Through Certificates
REC.  DATE: 30-NOV-1998
Page  3                                            Series 1996-2

                                        Monthly Certificate Holders Report




P & I Advances                                                     52,728.32

Servicing Compensation                                             20,878.43

Trustee Compensation                                                1,811.52

Beginning Balance(Mortgage Loans)                             252,770,729.08

Ending Balance(Mortgage Loans)                                252,602,262.49

Beginning Balance(REO Loans)                                            0.00

Ending Balance(REO Loans)                                               0.00

Aggregate Number of Mortgage Loans                                        94

Aggregate Mortgage Principal Balance                          252,602,262.49

Weighted Average Remaining Term to Maturity                            88.42

Weighted Average Mortgage Rate                                       8.44922%

# 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)                            3,296,791.66

# of Loans Delinquent(In Foreclosure)                                      0

Balance of Loans Delinquent(In Foreclosure)                             0.00

Appraisal Value of REO Property                                         0.00

Available Distribution Amount                                   1,920,738.41

Scheduled Principal Distribution Amount                           168,466.59

Unscheduled Principal Distribution Amount                               0.00

<PAGE>
<TABLE>

------------------------------------------------------------------------------------------------------------------------------------
                                                                        CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                                                            COMMERCIAL MORTGAGE PASS-THROUGH
                                                                                      SERIES 1997-1
                                                                                 DISTRIBUTION STATEMENT
====================================================================================================================================
DISTRIBUTION DATE:        21-Dec-1998                                                                                      PAGE # 1
RECORD DATE:          30-Nov-1998


------------------------------------------------------------------------------------------------------------------------------------
                                                                                           Collateral
                      Original       Beginning                                 Prepayment   Support        Total         Ending
Class    Cusip#      Certificate    Certificate     Principal      Interest    Penalties   Deficit      Distribution    Principal
                       Balance       Balance       Distribution   Distribution (PP/YMC)   (Allocation/                   Balance
                                                                                            Reimb)
------------------------------------------------------------------------------------------------------------------------------------
<S>    <C>         <C>             <C>              <C>          <C>           <C>        <C>        <C>            <C>        
 A-1    161505AY8   100,600,000.00   69,529,945.74    555,412.58    421,235.59   0.00       0.00         976,648.17    68,974,533.16
 A-2    161505AZ5   283,717,991.00  283,717,991.00          0.00  1,742,501.33   0.00       0.00       1,742,501.33   283,717,991.00
  B     161505BB7    26,688,749.00   26,688,749.00          0.00    163,913.40   0.00       0.00         163,913.40    26,688,749.00
  C     161505BC5    26,688,749.00   26,688,749.00          0.00    163,913.40   0.00       0.00         163,913.40    26,688,749.00
  D     161505BD3    29,357,624.00   29,357,624.00          0.00    180,304.74   0.00       0.00         180,304.74    29,357,624.00
  E     161505BE1    10,675,500.00   10,675,500.00          0.00     65,565.36   0.00       0.00          65,565.36    10,675,500.00
  F     161505BF8    29,357,624.00   29,357,624.00          0.00    180,304.74    N/A       0.00         180,304.74    29,357,624.00
  G     161505BG6     5,337,750.00    5,337,750.00          0.00     32,782.68    N/A       0.00          32,782.68     5,337,750.00
  H     161505BH4     8,006,625.00    8,006,625.00          0.00     49,174.02    N/A       0.00          49,174.02     8,006,625.00
  I     161505BJ0    13,344,374.00   13,344,374.00          0.00     74,481.74    N/A       0.00          74,481.74    13,344,374.00
  R           N/A              N/A             N/A           N/A          0.00    N/A        N/A               0.00              N/A
  LR          N/A              N/A             N/A           N/A          0.00    N/A        N/A               0.00              N/A
------------------------------------------------------------------------------------------------------------------------------------
TOTALS              533,774,986.00  502,704,931.74    555,412.58  3,074,177.01   0.00       0.00       3,629,589.59   502,149,519.16
------------------------------------------------------------------------------------------------------------------------------------


------------------------------------------------------------------------------------------------------------------------------------
                      Original            Beginning                               Prepayment          Total              Ending
Class   Cusip#        Notional            Notional             Interest           Penalties        Distribution         Notional
                       Balance              Balance           Distribution          (PP/YMC)                             Balance
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
<S>   <C>          <C>                <C>                   <C>                  <C>             <C>             <C>       
 A-1    Component    100,600,000.00       69,529,945.74         N/A                    N/A              N/A         68,974,533.16
 WAC    Component    533,774,986.00      502,704,931.01         N/A                    N/A              N/A        502,149,518.43
  X     161505BA9    533,774,986.00      502,704,931.74           602,807.86           0.00       602,807.86       502,149,519.16
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

FACTOR INFORMATION PER $1,000
---------------------------------------------------------------------------------------------------------------
                                   Principal            Interest          End. Principal       Pass Through
   Class          Cusip#          Distribution        Distribution           Balance               Rate
---------------------------------------------------------------------------------------------------------------
<S>            <C>              <C>                  <C>                 <C>                 <C>         
    A-1             161505AY8         5.5209998012        4.1872325050       685.6315423459         7.2700000%
    A-2             161505AZ5         0.0000000000        6.1416666667      1000.0000000000         7.3700000%
     B              161505BB7         0.0000000000        6.1416666667      1000.0000000000         7.3700000%
     C              161505BC5         0.0000000000        6.1416666667      1000.0000000000         7.3700000%
     D              161505BD3         0.0000000000        6.1416666667      1000.0000000000         7.3700000%
     E              161505BE1         0.0000000000        6.1416666667      1000.0000000000         7.3700000%
     F              161505BF8         0.0000000000        6.1416666667      1000.0000000000         7.3700000%
     G              161505BG6         0.0000000000        6.1416666667      1000.0000000000         7.3700000%
     H              161505BH4         0.0000000000        6.1416666667      1000.0000000000         7.3700000%
     I              161505BJ0         0.0000000000        5.5815087911      1000.0000000000         7.3700000%
     R                    N/A                  N/A                 N/A                  N/A                N/A
     LR                   N/A                  N/A                 N/A                  N/A                N/A
---------------------------------------------------------------------------------------------------------------


FACTOR INFORMATION PER $1,000
---------------------------------------------------------------------------------------------------------------
                                    Interest         Ending Notional       Current Pass         Next Pass
   Class          Cusip#          Distribution           Balance           Through Rate        Through Rate
---------------------------------------------------------------------------------------------------------------
<S>           <C>                <C>               <C>                    <C>                 <C>                
    A-1         Component                      N/A                 N/A           0.1000000%        0.10000000%
    WAC         Component                      N/A                 N/A           1.4251230%        1.42510970%
     X          161505BA9                1.1293295         940.7513134           1.4389543%        1.43884556%
---------------------------------------------------------------------------------------------------------------

====================================================================================================================================
 (C) COPYRIGHT 1995, CHASE BANKING CORPORATION
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
                                     CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                          COMMERCIAL MORTGAGE PASS-THROUGH
                                                   SERIES 1997-1
                                               DISTRIBUTION STATEMENT
====================================================================================================================================

DISTRIBUTION DATE:     21-Dec-1998                                                                                PAGE # 2
RECORD DATE:           30-Nov-1998

<S>                       <C>                                         <C>                                        <C>       
SECTION 4.02 (a)(iii)        P & I Advances                                                                              355,978.29

SECTION 4.02 (a)(iv)         Servicing Compensation                                                                       41,034.95

SECTION 4.02 (a)(iv)         Trustee Compensation                                                                          2,681.04
SECTION 4.02 (a)(iv)         Special Servicing Compensation                                                                7,474.96
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(v)          Aggregate Stated Principal Balance                                 Beginning Balance    Ending Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        Mortgage Loans            502,704,931.01     502,149,518.43
                                                                        Reo Loans Outstanding               0.00               0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vi)         Aggregate Number of Mortgages Loans                                                             104
                             Aggregate Mortgage Principal Balance                                                    502,149,518.43
                             Weighted Average Remaining Term to Maturity                                                     106.00
                             Weighted Average Mortgage Rate                                                                   8.899%

                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vii)        Loans Delinquent                           Period               Number       Aggr Principal Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        1 Month                0                        0.00
                                                                        2 Months               0                        0.00
                                                                        3 Months or more       1                1,716,215.86        
                                                                        In Foreclosure         0                        0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(viii)       Appraisal Value of REO Property                                                                   0.00
SECTION 4.02 (a)(ix)         Available Distribution Amount                                                             4,232,397.45 
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(x)          Accrued Certificate Interest               Class     Accrued Cert Interest       Cert Deferred Interest
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        A-1                 421,235.59                        0.00  
                                                                        A-2               1,742,501.33                        0.00
                                                                        B                   163,913.40                        0.00
                                                                        C                   163,913.40                        0.00
                                                                        D                   180,304.74                        0.00
                                                                        E                    65,565.36                        0.00
                                                                        F                   180,304.74                        0.00
                                                                        G                    32,782.68                        0.00
                                                                        H                    49,174.02                        0.00
                                                                        I                    81,956.70                        0.00
                                                                        X                   602,807.86                        0.00
                                                                        ------------------------------------------------------------

SECTION 4.02 (a)(xiii)       Scheduled Principal Distribution Amount                                                     555,412.58
SECTION 4.02 (a)(xiii)       Unscheduled Principal Distribution Amount                                                         0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xvi)        Appraisal Reduction Amounts                Loan Number    Appraisal Reduct Effect  Appraisal Reduct Amt
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------












                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xvii)       Number of Loans Extended or Modified                                                              0.00
SECTION 4.02 (a)(xvii)       Stated Principal Balance of Mortgage Loans Extended or Modified                                   0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xviii)      Class Unpaid Interest Shortfall            Class   Current                    Cumulative
                                                                                Unpaid Interest Shortfall  Unpaid Interest Shortfall
                                                                        ------------------------------------------------------------
                                                                        A-1                        0.00                        0.00
                                                                        A-2                        0.00                        0.00
                                                                        B                          0.00                        0.00
                                                                        C                          0.00                        0.00
                                                                        D                          0.00                        0.00
                                                                        E                          0.00                        0.00
                                                                        F                          0.00                        0.00
                                                                        G                          0.00                        0.00
                                                                        H                          0.00                        0.00
                                                                        I                      7,474.96                   20,128.65
                                                                        X                          0.00                        0.00
                                                                        ------------------------------------------------------------

SECTION 4.02 (a)(xx)         Distribution to Residual Certificates                                                             0.00

(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>

------------------------------------------------------------------------------------------------------------------------------------
                                                CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                                    COMMERCIAL MORTGAGE PASS-THROUGH
                                                              SERIES 1997-2
                                                         DISTRIBUTION STATEMENT
====================================================================================================================================
DISTRIBUTION DATE:        21-Dec-1998                                                                                     PAGE # 1
RECORD DATE:              30-Nov-1998


------------------------------------------------------------------------------------------------------------------------------------
                                                                                            Collateral 
                        Original        Beginning                                Prepayment  Support        Total           Ending
Class  Cusip#         Certificate      Certificate     Principal      Interest   Penalties   Deficit     Distribution     Principal
                        Balance          Balance      Distribution  Distribution  (PP/YMC) (Allocation/                     Balance
                                                                                              Reimb)
------------------------------------------------------------------------------------------------------------------------------------
<S>   <C>         <C>              <C>               <C>           <C>            <C>        <C>       <C>           <C> 
 A-1   161505BK7    196,000,000.00    177,494,194.05   791,201.59     954,031.29    0.00      0.00      1,745,232.88  176,702,992.46
 A-2   161505BL5    390,074,509.00    390,074,509.00         0.00   2,145,409.80    0.00      0.00      2,145,409.80  390,074,509.00
  B    161505BN1     32,559,695.00     32,559,695.00         0.00     179,078.32    0.00      0.00        179,078.32   32,559,695.00
  C    161505BP6     48,839,542.00     48,839,542.00         0.00     268,617.48    0.00      0.00        268,617.48   48,839,542.00
  D    161505BQ4     44,769,581.00     44,769,581.00         0.00     246,232.70    0.00      0.00        246,232.70   44,769,581.00
  E    161505BR2     12,209,885.00     12,209,885.00         0.00      67,154.37    0.00      0.00         67,154.37   12,209,885.00
  F    161505BS0     48,839,542.00     48,839,542.00         0.00     268,617.48     N/A      0.00        268,617.48   48,839,542.00
  G    161505BT8      6,104,943.00      6,104,943.00         0.00      33,577.19     N/A      0.00         33,577.19    6,104,943.00
  H    161505BU5     12,209,886.00     12,209,886.00         0.00      67,154.37     N/A      0.00         67,154.37   12,209,886.00
  I    161505BV3      8,139,924.00      8,139,924.00         0.00      44,769.58     N/A      0.00         44,769.58    8,139,924.00
  J    161505BW1     14,244,866.00     14,244,866.00         0.00      78,346.76     N/A      0.00         78,346.76   14,244,866.00
  R          N/A               N/A               N/A          N/A           0.00     N/A      0.00              0.00            0.00
  LR         N/A               N/A               N/A          N/A           0.00    0.00      0.00              0.00            0.00
------------------------------------------------------------------------------------------------------------------------------------
TOTALS              813,992,373.00    795,486,567.05   791,201.59   4,352,989.35    0.00      0.00      5,144,190.94  794,695,365.46
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
                          Original            Beginning                           Prepayment          Total              Ending
Class   Cusip#            Notional            Notional             Interest       Penalties        Distribution         Notional
                           Balance              Balance           Distribution      (PP/YMC)                             Balance
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
<S>   <C>             <C>                 <C>                   <C>              <C>              <C>               <C>        
A-1    Component       196,000,000.00      177,494,194.05         N/A                     N/A              N/A       176,702,992.46
WAC    Component       813,992,373.00      795,486,567.05         N/A                     N/A              N/A       794,695,365.46
 X     161505BM3       813,992,373.00      795,486,567.05           989,107.42           0.00       989,107.42       794,695,365.46
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

FACTOR INFORMATION PER $1,000
---------------------------------------------------------------------------------------------------------------
                                   Principal            Interest          End. Principal       Pass Through
   Class          Cusip#          Distribution        Distribution           Balance               Rate
---------------------------------------------------------------------------------------------------------------
<S>              <C>             <C>                <C>                 <C>                  <C>              
    A-1             161505BK7         4.0367428061        4.8675065970       901.5458798980         6.4500000%
    A-2             161505BL5         0.0000000000        5.5000000000      1000.0000000000         6.6000000%
     B              161505BN1         0.0000000000        5.5000000000      1000.0000000000         6.6000000%
     C              161505BP6         0.0000000000        5.5000000000      1000.0000000000         6.6000000%
     D              161505BQ4         0.0000000000        5.5000000000      1000.0000000000         6.6000000%
     E              161505BR2         0.0000000000        5.5000000000      1000.0000000000         6.6000000%
     F              161505BS0         0.0000000000        5.5000000000      1000.0000000000         6.6000000%
     G              161505BT8         0.0000000000        5.5000000000      1000.0000000000         6.6000000%
     H              161505BU5         0.0000000000        5.5000000000      1000.0000000000         6.6000000%
     I              161505BV3         0.0000000000        5.5000000000      1000.0000000000         6.6000000%
     J              161505BW1         0.0000000000        5.5000000371      1000.0000000000         6.6000000%
     R                    N/A                  N/A                 N/A                  N/A                N/A
     LR                   N/A                  N/A                 N/A                  N/A                N/A
---------------------------------------------------------------------------------------------------------------

FACTOR INFORMATION PER $1,000
---------------------------------------------------------------------------------------------------------------
                                    Interest         Ending Notional       Current Pass         Next Pass
   Class          Cusip#          Distribution           Balance           Through Rate        Through Rate
---------------------------------------------------------------------------------------------------------------
<S>           <C>               <C>                <C>                   <C>                 <C>               
    A-1         Component                      N/A                 N/A           0.1500000%        0.15000000%
    WAC         Component                      N/A                 N/A           1.4586270%        1.45866976%
     X          161505BM3                1.2151311         976.2933804           1.4920791%        1.49198955%
---------------------------------------------------------------------------------------------------------------

====================================================================================================================================



(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
------------------------------------------------------------------------------------------------------------------------------------

<PAGE>

------------------------------------------------------------------------------------------------------------------------------------
                                        CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                             COMMERCIAL MORTGAGE PASS-THROUGH
                                                      SERIES 1997-2
                                                  DISTRIBUTION STATEMENT
====================================================================================================================================

DISTRIBUTION DATE:   21-Dec-1998                                                                                           PAGE # 2
RECORD DATE:         30-Nov-1998


<S>                        <C>                                           <C>                                  <C>       
SECTION 4.02 (a)(iii)        P & I Advances                                                                              594,035.74

SECTION 4.02 (a)(iv)         Servicing Compensation                                                                       61,662.50

SECTION 4.02 (a)(iv)         Trustee Compensation                                                                          3,811.80
SECTION 4.02 (a)(iv)         Special Servicing Compensation                                                                    0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(v)          Aggregate Stated Principal Balance                                 Beginning Balance    Ending Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        Mortgage Loans         795,494,787.94       794,703,586.35
                                                                        Reo Loans Outstanding    4,949,855.12         4,944,579.14
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vi)         Aggregate Number of Mortgages Loans                                                             168
                             Aggregate Mortgage Principal Balance                                                    794,703,586.35
                             Weighted Average Remaining Term to Maturity                                                     105.00
                             Weighted Average Mortgage Rate                                                                    8.16%

                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vii)        Loans Delinquent                           Period                     Number    Aggr Principal Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        1 Month                     0           0.00
                                                                        2 Months                    0           0.00
                                                                        3 Months or more            0           0.00                
                                                                        In Foreclosure              0           0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(viii)       Appraisal Value of REO Property                                                                   0.00
SECTION 4.02 (a)(ix)         Available Distribution Amount                                                             6,133,298.36 
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(x)          Accrued Certificate Interest               Class   Accrued Cert Interest       Cert Deferred Interest  
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        A-1        954,031.29                        0.00           
                                                                        A-2      2,145,409.80                        0.00
                                                                        B          179,078.32                        0.00
                                                                        C          268,617.48                        0.00
                                                                        D          246,232.70                        0.00
                                                                        E           67,154.37                        0.00
                                                                        F          268,617.48                        0.00
                                                                        G           33,577.19                        0.00
                                                                        H           67,154.37                        0.00
                                                                        I           44,769.58                        0.00
                                                                        J           78,346.76                        0.00
                                                                        X          989,107.42                        0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xiii)       Scheduled Principal Distribution Amount                                                     791,201.59
SECTION 4.02 (a)(xiii)       Unscheduled Principal Distribution Amount                                                         0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xvi)        Appraisal Reduction Amounts                Loan Number  Appraisal Reduct Effect   Appraisal Reduct Amt
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------












                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xvii)       Number of Loans Extended or Modified                                                              0.00
SECTION 4.02 (a)(xvii)       Stated Principal Balance of Mortgage Loans Extended or Modified                                   0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xviii)      Class Unpaid Interest Shortfall            Class  Current                     Cumulative
                                                                               Unpaid Interest Shortfall   Unpaid Interest Shortfall
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        A-1              0.00                        0.00
                                                                        A-2              0.00                        0.00
                                                                        B                0.00                        0.00
                                                                        C                0.00                        0.00
                                                                        D                0.00                        0.00
                                                                        E                0.00                        0.00
                                                                        F                0.00                        0.00
                                                                        G                0.00                        0.00
                                                                        H                0.00                        0.00
                                                                        I                0.00                        0.00
                                                                        J                0.00                    5,694.95
                                                                        X                0.00                        0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xx)         Distribution to Residual Certificates                                                             0.00




(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>

------------------------------------------------------------------------------------------------------------------------------------
                                           CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                                COMMERCIAL MORTGAGE PASS-THROUGH
                                                         SERIES 1998-1
                                                     DISTRIBUTION STATEMENT
====================================================================================================================================
 DISTRIBUTION DATE:        18-Dec-1998                                                                                     PAGE # 1
     RECORD DATE:          30-Nov-1998




------------------------------------------------------------------------------------------------------------------------------------
                                                                                           Collateral 
                     Original         Beginning                                 Prepayment  Support       Total         Ending
Class  Cusip#       Certificate       Certificate     Principal     Interest    Penalties  Deficit     Distribution    Principal
                     Balance           Balance      Distribution  Distribution   (PP/YMC) (Allocation/                  Balance
                                                                                               Reimb)
------------------------------------------------------------------------------------------------------------------------------------
<S>    <C>        <C>             <C>             <C>          <C>             <C>        <C>        <C>            <C>           
 A-1    161505BX9  132,600,000.00   128,491,746.12  742,425.96     678,864.73      0.00       0.00      1,421,290.69  127,749,320.16
 A-2    161505BY7  464,448,593.00   464,448,593.00        0.00   2,538,985.64      0.00       0.00      2,538,985.64  464,448,593.00
  B     161505CB6   32,714,991.00    32,714,991.00        0.00     178,841.95      0.00       0.00        178,841.95   32,714,991.00
  C     161505CC4   49,072,487.00    49,072,487.00        0.00     268,262.93      0.00       0.00        268,262.93   49,072,487.00
  D     161505CD2   44,983,113.00    44,983,113.00        0.00     245,907.68      0.00       0.00        245,907.68   44,983,113.00
  E     161505CE0   12,268,122.00    12,268,122.00        0.00      67,065.73      0.00       0.00         67,065.73   12,268,122.00
  F     161505CF7   36,804,365.00    36,804,365.00        0.00     201,197.20       N/A       0.00        201,197.20   36,804,365.00
  G     161505CG5    8,178,748.00     8,178,748.00        0.00      44,710.49       N/A       0.00         44,710.49    8,178,748.00
  H     161505CH3   18,402,183.00    18,402,183.00        0.00      97,224.87       N/A       0.00         97,224.87   18,402,183.00
  I     161505CJ9    4,089,374.00     4,089,374.00        0.00      21,605.53       N/A       0.00         21,605.53    4,089,374.00
  J     161505CK6   14,312,809.00    14,312,809.00        0.00      75,619.34       N/A       0.00         75,619.34   14,312,809.00
  R           N/A             N/A              N/A         N/A           0.00       N/A        N/A              0.00             N/A
  LR          N/A             N/A              N/A         N/A           0.00       N/A        N/A              0.00             N/A
------------------------------------------------------------------------------------------------------------------------------------
TOTALS             817,874,785.00   813,766,531.12  742,425.96   4,418,286.09      0.00       0.00      5,160,712.05  813,024,105.16
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
                         Original            Beginning                           Prepayment          Total              Ending
   Class     Cusip#      Notional            Notional             Interest       Penalties        Distribution         Notional
                         Balance              Balance           Distribution      (PP/YMC)                             Balance
------------------------------------------------------------------------------------------------------------------------------------
<S>      <C>         <C>                 <C>                   <C>              <C>          <C>              <C>           
     X     161505CA8  817,874,785.00      813,766,531.12           486,420.37       0.00         486,420.37       813,024,105.16
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

FACTOR INFORMATION PER $1,000
---------------------------------------------------------------------------------------------------------------
                                   Principal            Interest          End. Principal       Pass Through
   Class          Cusip#          Distribution        Distribution           Balance               Rate
---------------------------------------------------------------------------------------------------------------
<S>              <C>            <C>                  <C>                  <C>                  <C>     
    A-1             161505BX9         5.5989891403        5.1196435143       963.4187040724         6.3400000%
    A-2             161505BY7         0.0000000000        5.4666666629      1000.0000000000         6.5600000%
     B              161505CB6         0.0000000000        5.4666666422      1000.0000000000         6.5600000%
     C              161505CC4         0.0000000000        5.4666666884      1000.0000000000         6.5600000%
     D              161505CD2         0.0000000000        5.4666665689      1000.0000000000         6.5600000%
     E              161505CE0         0.0000000000        5.4666663732      1000.0000000000         6.5600000%
     F              161505CF7         0.0000000000        5.4666667935      1000.0000000000         6.5600000%
     G              161505CG5         0.0000000000        5.4666667808      1000.0000000000         6.5600000%
     H              161505CH3         0.0000000000        5.2833335045      1000.0000000000         6.3400000%
     I              161505CJ9         0.0000000000        5.2833343196      1000.0000000000         6.3400000%
     J              161505CK6         0.0000000000        5.2833332716      1000.0000000000         6.3400000%
     R                    N/A                  N/A                 N/A                  N/A                N/A
     LR                   N/A                  N/A                 N/A                  N/A                N/A
---------------------------------------------------------------------------------------------------------------

FACTOR INFORMATION PER $1,000
---------------------------------------------------------------------------------------------------------------
                                    Interest         Ending Notional       Current Pass         Next Pass
   Class          Cusip#          Distribution           Balance           Through Rate        Through Rate
---------------------------------------------------------------------------------------------------------------
<S>           <C>               <C>                <C>                 <C>                   <C>          
     X          161505CA8            0.5947370         994.0691657           0.7172874%        0.71700935%
---------------------------------------------------------------------------------------------------------------

====================================================================================================================================

(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>

------------------------------------------------------------------------------------------------------------------------------------
                                      CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                           COMMERCIAL MORTGAGE PASS-THROUGH
                                                    SERIES 1998-1
                                                DISTRIBUTION STATEMENT
====================================================================================================================================
DISTRIBUTION DATE:                          18-Dec-1998                                                                    PAGE # 2
RECORD DATE:                                30-Nov-1998

<S>                       <C>                                       <C>                                         <C>       
SECTION 4.02 (a)(iii)        P & I Advances                                                                              184,801.02

SECTION 4.02 (a)(iv)         Servicing Compensation                                                                       49,880.41

SECTION 4.02 (a)(iv)         Trustee Compensation                                                                          4,068.85
SECTION 4.02 (a)(iv)         Special Servicing Compensation                                                                3,390.72
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(v)          Aggregate Stated Principal Balance                                Beginning Balance     Ending Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        Mortgage Loans           813,772,452.08       813,030,026.12
                                                                        Reo Loans Outstanding              0.00                 0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vi)         Aggregate Number of Mortgages Loans                                                                 78
                             Aggregate Mortgage Principal Balance                                                    813,030,026.12
                             Weighted Average Remaining Term to Maturity                                                     148.00
                             Weighted Average Mortgage Rate                                                                    7.32%

                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vii)        Loans Delinquent                           Period             Number         Aggr Principal Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        1 Month               0                 0.00
                                                                        2 Months              0                 0.00
                                                                        3 Months or more      0                 0.00                
                                                                        In Foreclosure        0                 0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(viii)       Appraisal Value of REO Property                                                                   0.00
SECTION 4.02 (a)(ix)         Available Distribution Amount                                                             5,647,132.42 
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(x)          Accrued Certificate Interest               Class    Accrued Cert Interest       Cert Deferred Interest 
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        A-1             678,864.73                        0.00      
                                                                        A-2           2,538,985.64                        0.00
                                                                        B               178,841.95                        0.00
                                                                        C               268,262.93                        0.00
                                                                        D               245,907.68                        0.00
                                                                        E                67,065.73                        0.00
                                                                        F               201,197.20                        0.00
                                                                        G                44,710.49                        0.00
                                                                        H                97,224.87                        0.00
                                                                        I                21,605.53                        0.00
                                                                        J                75,619.34                        0.00
                                                                        X               486,420.37                        0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xiii)       Scheduled Principal Distribution Amount                                                     742,425.96
SECTION 4.02 (a)(xiii)       Unscheduled Principal Distribution Amount                                                         0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xvi)        Appraisal Reduction Amounts                Loan Number    Appraisal Reduct Effect  Appraisal Reduct Amt
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------












                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xvii)       Number of Loans Extended or Modified                                                              0.00
SECTION 4.02 (a)(xvii)       Stated Principal Balance of Mortgage Loans Extended or Modified                                   0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xviii)      Class Unpaid Interest Shortfall            Class  Current                     Cumulative
                                                                               Unpaid Interest Shortfall   Unpaid Interest Shortfall
                                                                        ------------------------------------------------------------
                                                                        A-1              0.00                        0.00
                                                                        A-2              0.00                        0.00
                                                                        B                0.00                        0.00
                                                                        C                0.00                        0.00
                                                                        D                0.00                        0.00
                                                                        E                0.00                        0.00
                                                                        F                0.00                        0.00
                                                                        G                0.00                        0.00
                                                                        H                0.00                        0.00
                                                                        I                0.00                        0.00
                                                                        J                0.00                        0.00
                                                                        X                0.00                        0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xx)         Distribution to Residual Certificates                                                             0.00


(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>

------------------------------------------------------------------------------------------------------------------------------------
                               CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                   COMMERCIAL MORTGAGE PASS-THROUGH
                                             SERIES 1998-2
                                        DISTRIBUTION STATEMENT
====================================================================================================================================
             DISTRIBUTION DATE:       18-Dec-1998                                                                          PAGE # 1
                RECORD DATE:          30-Nov-1998




------------------------------------------------------------------------------------------------------------------------------------
                                                                                             Collateral
                       Original         Beginning                                 Prepayment  Support        Total         Ending
Class   Cusip#       Certificate       Certificate      Principal     Interest   Penalties   Deficit     Distribution   Principal
                       Balance           Balance      Distribution  Distribution  (PP/YMC) (Allocation/                   Balance
                                                                                              Reimb)
------------------------------------------------------------------------------------------------------------------------------------
<S>   <C>         <C>               <C>              <C>           <C>             <C>        <C>     <C>           <C>
 A-1   161505CV2    198,800,000.00    198,800,000.00  1,061,119.30    998,141.67    0.00       0.00    2,059,260.97   197,738,880.70
 A-2   161505CW0    720,598,732.00    720,598,732.00          0.00  3,837,188.25    0.00       0.00    3,837,188.25   720,598,732.00
  B    161505CZ3     63,406,809.00     63,406,809.00          0.00    337,641.26    0.00       0.00      337,641.26    63,406,809.00
  C    161505DA7     69,747,490.00     69,747,490.00          0.00    371,405.38    0.00       0.00      371,405.38    69,747,490.00
  D    161505DB5     72,917,830.00     72,917,830.00          0.00    388,287.44    0.00       0.00      388,287.44    72,917,830.00
  E    161505DC3     19,022,043.00     19,022,043.00          0.00    101,292.38    0.00       0.00      101,292.38    19,022,043.00
  F    161505DD1     57,066,128.00     57,066,128.00          0.00    303,877.13     N/A       0.00      303,877.13    57,066,128.00
  G    161505DE9     12,681,362.00     12,681,362.00          0.00     67,528.25     N/A       0.00       67,528.25    12,681,362.00
  H    161505DF6     22,192,383.00     22,192,383.00          0.00    118,174.44     N/A       0.00      118,174.44    22,192,383.00
  I    161505DG4      9,511,021.00      9,511,021.00          0.00     50,646.19     N/A       0.00       50,646.19     9,511,021.00
  J    161505DH2     22,192,383.00     22,192,383.00          0.00    118,174.44     N/A       0.00      118,174.44    22,192,383.00
  R          N/A               N/A               N/A           N/A          0.00     N/A        N/A            0.00              N/A
  LR         N/A               N/A               N/A           N/A          0.00     N/A        N/A            0.00              N/A
------------------------------------------------------------------------------------------------------------------------------------
TOTALS            1,268,136,181.00  1,268,136,181.00  1,061,119.30  6,692,356.83    0.00       0.00    7,753,476.13 1,267,075,061.70
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
                              Original             Beginning                         Prepayment          Total          Ending
   Class    Cusip#            Notional             Notional            Interest      Penalties        Distribution     Notional
                              Balance               Balance          Distribution     (PP/YMC)                          Balance
------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>              <C>                  <C>                 <C>               <C>          <C>            <C>          
     X     161505CY6        1,268,136,181.00      1,268,136,181.00    610,908.67        0.00         610,908.67     1,267,075,061.70
------------------------------------------------------------------------------------------------------------------------------------


------------------------------------------------------------------------------------------------------------------------------------

FACTOR INFORMATION PER $1,000
---------------------------------------------------------------------------------------------------------
                              Principal             Interest         End. Principal      Pass Through
   Class     Cusip#          Distribution         Distribution           Balance             Rate
---------------------------------------------------------------------------------------------------------
<S>       <C>             <C>                   <C>                <C>                    <C> 
    A-1      161505CV2           5.33762223            5.02083335      994.66237777         0.06025000
    A-2      161505CW0           0.00000000            5.32500000     1000.00000000         0.06390000
     B       161505CZ3           0.00000000            5.32500003     1000.00000000         0.06390000
     C       161505DA7           0.00000000            5.32499994     1000.00000000         0.06390000
     D       161505DB5           0.00000000            5.32499993     1000.00000000         0.06390000
     E       161505DC3           0.00000000            5.32500005     1000.00000000         0.06390000
     F       161505DD1           0.00000000            5.32499997     1000.00000000         0.06390000
     G       161505DE9           0.00000000            5.32499979     1000.00000000         0.06390000
     H       161505DF6           0.00000000            5.32500002     1000.00000000         0.06390000
     I       161505DG4           0.00000000            5.32500033     1000.00000000         0.06390000
     J       161505DH2           0.00000000            5.32500002     1000.00000000         0.06390000
     R             N/A                  N/A                   N/A               N/A                N/A
     LR            N/A                  N/A                   N/A               N/A                N/A
---------------------------------------------------------------------------------------------------------

FACTOR INFORMATION PER $1,000
-------------------------------------------------------------------------------------------------------------
                                   Interest          Ending Notional      Current Pass        Next Pass
   Class         Cusip#          Distribution            Balance          Through Rate       Through Rate
-------------------------------------------------------------------------------------------------------------
<S>           <C>              <C>                   <C>                 <C>                 <C>                <C>       
     X          161505CY6              0.48173743          999.16324499        0.00578085         0.00597773
-------------------------------------------------------------------------------------------------------------



====================================================================================================================================

(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
------------------------------------------------------------------------------------------------------------------------------------

<PAGE>

------------------------------------------------------------------------------------------------------------------------------------
                                                    CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                                         COMMERCIAL MORTGAGE PASS-THROUGH
                                                                  SERIES 1998-2
                                                              DISTRIBUTION STATEMENT
====================================================================================================================================

DISTRIBUTION DATE:                          18-Dec-1998                                                                    PAGE # 2
RECORD DATE:                                30-Nov-1998

<S>                        <C>                                                                               <C>       
SECTION 4.02 (a)(iii)        P & I Advances                                                                              111,007.05

SECTION 4.02 (a)(iv)         Servicing Compensation                                                                       60,430.19

SECTION 4.02 (a)(iv)         Trustee Compensation                                                                          6,076.46
SECTION 4.02 (a)(iv)         Special Servicing Compensation                                                                5,283.90
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(v)          Aggregate Stated Principal Balance                               Beginning Balance      Ending Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        Mortgage Loans        1,268,136,182.48      1,267,075,063.18
                                                                        Reo Loans Outstanding             0.00                  0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vi)         Aggregate Number of Mortgages Loans                                                                 98
                             Aggregate Mortgage Principal Balance                                                  1,267,075,063.18
                             Weighted Average Remaining Term to Maturity                                                     124.00
                             Weighted Average Mortgage Rate                                                                    6.98%

                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vii)        Loans Delinquent                           Period             Number      Aggr Principal Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        1 Month              0               0.00
                                                                        2 Months             0               0.00
                                                                        3 Months or more     0               0.00                   
                                                                        In Foreclosure       0               0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(viii)       Appraisal Value of REO Property                                                                   0.00
SECTION 4.02 (a)(ix)         Available Distribution Amount                                                             8,364,384.80 
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(x)          Accrued Certificate Interest               Class      Accrued Cert Interest    Cert Deferred Interest  
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        A-1             998,141.67                     0.00         
                                                                        A-2           3,837,188.25                     0.00
                                                                        B               337,641.26                     0.00
                                                                        C               371,405.38                     0.00
                                                                        D               388,287.44                     0.00
                                                                        E               101,292.38                     0.00
                                                                        F               303,877.13                     0.00
                                                                        G                67,528.25                     0.00
                                                                        H               118,174.44                     0.00
                                                                        I                50,646.19                     0.00
                                                                        J               118,174.44                     0.00
                                                                        X               610,908.67                     0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xiii)       Scheduled Principal Distribution Amount                                                   1,052,785.96
SECTION 4.02 (a)(xiii)       Unscheduled Principal Distribution Amount                                                     8,333.34
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xvi)        Appraisal Reduction Amounts                Loan Number    Appraisal Reduct Effect  Appraisal Reduct Amt
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------












                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xvii)       Number of Loans Extended or Modified                                                              0.00
SECTION 4.02 (a)(xvii)       Stated Principal Balance of Mortgage Loans Extended or Modified                                   0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xviii)      Class Unpaid Interest Shortfall            Class   Current                    Cumulative
                                                                                Unpaid Interest Shortfall  Unpaid Interest Shortfall
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        A-1         0.00                        0.00
                                                                        A-2         0.00                        0.00
                                                                        B           0.00                        0.00
                                                                        C           0.00                        0.00
                                                                        D           0.00                        0.00
                                                                        E           0.00                        0.00
                                                                        F           0.00                        0.00
                                                                        G           0.00                        0.00
                                                                        H           0.00                        0.00
                                                                        I           0.00                        0.00
                                                                        J           0.00                        0.00
                                                                        X           0.00                        0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xx)         Distribution to Residual Certificates                                                             0.00

(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
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