UNITED STATES
                             SECURITIES AND EXCHANGE COMMISSION
                                   WASHINGTON, D.C. 20549



                                          FORM 10-K


  (Mark one)

  /X/ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
      EXCHANGE ACT OF 1934
      For the fiscal year ended December 31, 2003

      OR



  / / TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
      EXCHANGE ACT OF 1934


      Commission File Number:  333-97955-04


        Credit Suisse First Boston Mortgage Securities Corporation
        Commercial Mortgage Pass-Through Certificates
        Series 2003-CK2

     (Exact name of registrant as specified in its charter)


   New York                               54-6593473   54-2105552
                                          54-6593474   54-2105554
                                          54-6593475   54-2105555
                                                       54-2105553

  (State or other jurisdiction of                   (I.R.S. Employer
  incorporation or organization)                    Identification No.)

   c/o Wells Fargo Bank, N.A.
   9062 Old Annapolis Road
   Columbia, MD                                21045
  (Address of principal executive offices)     (Zip Code)


  Registrant's telephone number, including area code: (410) 884-2000


  Securities registered pursuant to Section 12(b) of the Act:

       NONE.



  Securities registered pursuant to Section 12(g) of the Act:

       NONE.



  Indicate by check mark whether the registrant (1) has filed all reports
  required to be filed by Section 13 or 15(d) of the Securities Exchange
  Act of 1934 during the preceding 12 months (or for such shorter period
  that the registrant was required to file such reports), and (2) has been
  subject to such filing requirements for the past 90 days.

      Yes  X       No ___







  Indicate by check mark if disclosure of delinquent filers pursuant to
  Item 405 of Regulation S-K ( 229.405 of this chapter) is not contained
  herein, and will not be contained, to the best of registrant's knowledge,
  in definitive proxy or information statements incorporated by reference
  in Part III of this Form 10-K or any amendment to this Form 10-K.

         Not applicable.

  Indicate by check mark whether the registrant is an accelerated filer
  (as defined in Exchange Act Rule 12b-2).
    Yes___       No X

  State the aggregate market value of the voting and non-voting common
  equity held by non-affiliates computed by reference to the price at which
  the common equity was last sold, or the average bid and asked price of
  such common equity, as of the last business day of the registrant's most
  recently completed second fiscal quarter.







         Not applicable.








  Indicate the number of shares outstanding of each of the registrant's
  classes of common stock, as of the latest practicable date.

         Not applicable.



  List hereunder the following documents if incorporated by reference and
  the Part of the Form 10-K (e.g. Part I, Part II, etc.) into which the
  document is incorporated: (1)Any annual report to security holders; (2)
  Any proxy or information statement; and (3)Any prospectus filed pursuant
  to Rule 424(b) or (c) under the Securities Act of 1933. The listed
  documents should be clearly described for identification purposes (e.g.
  annual report to security holders for fiscal year ended December 24, 1980).

         Not applicable.





                                   PART I

  Item 1.  Business.

            Omitted.

  Item 2.  Properties.

            See Item 15(a), Exhibits 99.1, 99.2, and 99.3, for information
            provided in lieu of information required by Item 102 of
            Regulation S-K.



  Item 3.  Legal Proceedings.

            The registrant knows of no material pending legal proceedings
            involving the trust created under the Pooling and Servicing
            Agreement (the Trust), the Trustee, the Servicer or the
            registrant with respect to the Trust other than routine
            litigation incidental to the duties of the respective parties.





  Item 4.  Submission of Matters to a Vote of Security Holders.


            None.

                                PART II


  Item 5.  Market for Registrant's Common Equity and Related Stockholder
           Matters.


            No established public trading market for the Certificates exists.

            Records provided to the Trust by the DTC and the Trustee
            indicate that as of December 31, 2003, the number of holders of
            record for each class of Certificate were as follows:


             Class A-1                           19
             Class A-2                           12
             Class A-3                           17
             Class A-4                           15
             Class A-SP                           7
             Class A-X                            9
             Class B                              5
             Class C                              4
             Class D                              5
             Class E                              4
             Class F                              3
             Class G                              3
             Class GLC                            3
             Class H                              6
             Class J                              3
             Class K                              4
             Class L                              3
             Class M                              3
             Class N                              3
             Class O                              3
             Class P                              3
             Class RCKB                           1
             Class R                              1
             Class R-II                           1
             Class R-III                          1
             Class V-1                            1
             Class V-2                            1
             Class V-3                            1
             Class V-4                            1

             Total:                             142


  Item 6.  Selected Financial Data.

            Omitted.


  Item 7.  Management's Discussion and Analysis of Financial Condition and
           Results of Operation.

            Omitted.


  Item 7A. Quantitative and Qualitative Disclosures about Market Risk.

            Not applicable.

  Item 8.  Financial Statements and Supplementary Data.

            See Item 15(a), Exhibits 99.1, 99.2, 99.3, for information
            provided in lieu of information required by Item 302 of
            Regulation S-K.




  Item 9.  Changes in and Disagreements with Accountants on Accounting and
           Financial Disclosure.

            None.

  Item 9A. Controls and Procedures.

            Not applicable.


                                PART III


  Item 10. Directors and Executive Officers of the Registrant.

            Not applicable.


  Item 11. Executive Compensation.

            Not applicable.


  Item 12. Security Ownership of Certain Beneficial Owners and Management.

            Not applicable.


  Item 13. Certain Relationships and Related Transactions.

            Not applicable.

  Item 14. Principal Accounting Fees and Services.

            Not applicable.


                                PART IV


  Item 15. Exhibits, Financial Statement Schedules, and Reports on Form 8-K.

   (a) Exhibits


     (31.1) Rule 13a-14(a)/15d-14(a) Certification

     (99.1) Annual Independent Accountants' Servicing Reports concerning
            servicing activities for the year ended December 31, 2003.

       <TABLE>

       
         <c>
       a) KeyCorp Real Estate Capital Markets, Inc., as Master Servicer <F1>
       b) KeyCorp Real Estate Capital Markets, Inc., as Special Servicer <F1>
       </TABLE>

     (99.2) Report of Management as to Compliance with Minimum Servicing
            Standards for the year ended December 31, 2003.

       <TABLE>

       
        <c>
       a) KeyCorp Real Estate Capital Markets, Inc., as Master Servicer <F1>
       b) KeyCorp Real Estate Capital Markets, Inc., as Special Servicer <F1>
       </TABLE>

     (99.3) Annual Statements of Compliance under the Pooling and Servicing
            Agreements for the year ended December 31, 2003.

       <TABLE>

       
         <c>
       a) KeyCorp Real Estate Capital Markets, Inc., as Master Servicer <F1>
       b) KeyCorp Real Estate Capital Markets, Inc., as Special Servicer <F1>
       </TABLE>


     (99.4) Aggregate Statement of Principal and Interest Distributions to
            Certificate Holders.


   (b)  On October 27, 2003, November 24, 2003, and December 31, 2003 reports
        on Form 8-K were filed by the Company in order to provide the
        statements for the monthly distributions to holders of the Certificates.
        No other reports on Form 8-K have been filed during the last quarter of
        the period covered by this report.


   (c) Not applicable.


   (d) Omitted.




  <F1> Filed herewith.





                                SIGNATURES


  Pursuant to the requirements of Section 13 or 15(d) of the Securities
  Exchange Act of 1934, the registrant has duly caused this report to be
  signed on its behalf by the undersigned, thereunto duly authorized:



     Credit Suisse First Boston Mortgage Securities Corporation
     Commercial Mortgage Pass-Through Certificates
     Series 2003-CK2
     (Registrant)



  Signed: Credit Suisse First Boston Mtg. Securities Corp.
          by Wells Fargo Bank, N.A. its Attorney in fact



  By: Beth Belfield, Assistant Vice-President

  By: /s/ Beth Belfield, Assistant Vice-President

  Dated: March 30, 2004


  SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO
  SECTION 15(d) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED
  SECURITIES PURSUANT TO SECTION 12 OF THE ACT.


  (a)(i) No annual report is provided to the Certificateholders other than
  with respect to aggregate principal and interest distributions.


  (a)(ii) No proxy statement, form of proxy or other proxy soliciting
  material has been sent to any Certificateholder with respect to any
  annual or other meeting of Certificateholders.

Exhibit Index

Exhibit No.


  Ex-31.1 Rule 13a-14(a)/15d-14(a) Certification



  I, Anand Gajjar, certify that:

1.   I have reviewed this annual report on Form 10-K (the "Annual Report"),
     and all reports on Form 8-K (together with the Annual Report; the
     "Reports") containing distribution or servicing reports filed in respect
     of periods included in the year covered by the Annual Report, of Credit
     Suisse First Boston Mortgage Securities Corporation Commercial Mortgage
     Pass-Through Certificates Series 2003-CK2 Trust;

2.   Based on my knowledge, the information in the Reports, taken as a whole,
     does not contain any untrue statement of a material fact or omit to state
     a material fact necessary to make the statements made, in light of the
     circumstances under which such statements were made, not misleading as of
     the last day of the period covered by the Annual Report;

3.   Based on my knowledge, the distribution or servicing information required
     to be provided to the trustee by the servicer under the pooling and
     servicing, or similar, agreement, for inclusion in the Reports is
     included in the Reports;

4.   Based on my knowledge and upon the annual compliance statement included
     in the Annual Report and required to be delivered to the trustee in
     accordance with the terms of the pooling and servicing, or similar,
     agreement, and except as disclosed in the Reports, the servicer has
     fulfilled its obligations under the servicing agreement; and

5.   The Reports disclose all significant deficiencies relating to the
     servicer's compliance with the minimum servicing standards based upon the
     report provided by an independent public accountant, after conducting a
     review in compliance with the Uniform Single Attestation Program for
     Mortgage Bankers or similar procedure, as set forth in the pooling and
     servicing, or similar, agreement, that is included in the Reports.

     In giving the certifications above, I have reasonably relied on
     information provided to me by the following unaffiliated parties:
     Wells Fargo Bank, N.A. as Trustee and KeyCorp Real Estate Capital Markets
     Inc., as Master Servicer and Special Servicer.


     Date: March 30, 2004

     /s/ Anand Gajjar,
     Signature

     Vice-President
     Title

  Ex-99.1 (a)

Report of Independent Accountants

We have examined management's assertion, included in the accompanying Report of
Management, that KeyCorp Real Estate Capital Markets, Inc. (the "Company")
complied with minimum servicing standards, as stated in Attachment A, which were
derived from the Mortgage Bankers Association of America's Uniform Single
Attestation Program for the year ended December 31, 2003. Management is
responsible for Company's compliance with those requirements. Our responsibility
is to express an opinion on management's assertion about the Company's
compliance based on our examination.

Our examination was conducted in accordance with attestation standards
established by the American Institute of Certified Public Accountants and,
accordingly, included examining, on a test basis, evidence about the Company's
compliance with those requirements and performing such other procedures as we
considered necessary in the circumstances. We believe that our examination
provides a reasonable basis for our opinion. Our examination does not provide a
legal determination on the Company's compliance with specified requirements.

In our opinion, management's assertion that KeyCorp Real Estate Capital Markets,
Inc. complied with the aforementioned requirements for the year ended December
31, 2003 is fairly stated, in all material respects.


Ernst & Young LLP

Cleveland, OH
January 30, 2004



  Ex-99.1 (b)



Report of Independent Accountants

We have examined management's assertion, included in the accompanying Report of
Management, that KeyCorp Real Estate Capital Markets, Inc. (the "Company")
complied with minimum servicing standards, as stated in Attachment A, which were
derived from the Mortgage Bankers Association of America's Uniform Single
Attestation Program for the year ended December 31, 2003. Management is
responsible for Company's compliance with those requirements. Our responsibility
is to express an opinion on management's assertion about the Company's
compliance based on our examination.

Our examination was conducted in accordance with attestation standards
established by the American Institute of Certified Public Accountants and,
accordingly, included examining, on a test basis, evidence about the Company's
compliance with those requirements and performing such other procedures as we
considered necessary in the circumstances. We believe that our examination
provides a reasonable basis for our opinion. Our examination does not provide a
legal determination on the Company's compliance with specified requirements.

In our opinion, management's assertion that KeyCorp Real Estate Capital Markets,
Inc. complied with the aforementioned requirements for the year ended December
31, 2003 is fairly stated, in all material respects.


Ernst & Young LLP

Cleveland, OH
January 30, 2004



Ex-99.2 (a)
Management's Assertion on Compliance
with the Minimum Servicing Standards Set Forth in the
Uniform Single Attestation Program for Mortgage Bankers

Report of Management

We, as members of management of KeyCorp Real Estate Capital Markets, Inc. (the
"Company"), are responsible for complying with the servicing standards
identified in Attachment A (the "minimum servicing standards") as set forth in
the Mortgage Bankers Association of America's Uniform Single Attestation Program
for Mortgage Bankers (USAP) except, for commercial loan and multifamily loan
servicing, minimum servicing standards V.4 and VI.1., which the Mortgage Bankers
Association of America has interpreted as inapplicable to such servicing. We are
also responsible for establishing and maintaining effective internal control
over compliance with these specified minimum servicing standards. We have
performed an evaluation of the Company's compliance with the specified minimum
servicing standards as of December 31, 2003 and for the year then ended. Based
on this evaluation, we assert that during the year ended December 31, 2003, the
Company complied, in all material respects, with the specified minimum servicing
standards set forth in the USAP.

As of and for this same period, the Company was insured as a subsidiary of
KeyCorp. AS of December 31,2003, Bank had in effect a fidelity bond in the
amount of $100,000,000 and an errors and omissions policy in the amount of
$100,000,000.


Marty O'Connor
Senior Vice President
Loan Servicing & Asset Management

Tony Nemec
Vice President
Investor Reporting

Bryan Nitcher
Vice President
Loan Servicing


January 30, 2004


Attachment A

Minimum Servicing Standards

I.  Mortgage Principal, Interest and Amortization

   1. Reconciliations shall be prepared on a monthly basis for all custodial
      bank accounts and related bank clearing accounts. These reconciliations
      shall:
      . be mathematically accurate;

      . be prepared within forty-five (45) calendar days after the cutoff
        date

      . be reviewed and approved by someone other than the person who prepared
        the reconciliation; and

      . document explanations for reconciling items. These reconciling items
        shall be resolved within ninety (90) calendar days of their original
        identification.

   2. Funds of the servicing entity shall be advanced in cases where there is an
      overdraft in an investor's or a mortgagor's account.

   3. Each custodial account shall be maintained at a federally insured
      depository institution in trust for the applicable investor.

   4. Escrow funds held in trust for a mortgagor shall be returned to the
      mortgagor within thirty (30) calendar days of payoff of the mortgage loan.

II.  Mortgage Payments

   1. Mortgage  payments shall be deposited into the custodial bank accounts and
      related bank clearing accounts within two business days of receipt.

   2. Mortgage payments made in accordance with the mortgagor's loan documents
      shall be posted to the applicable mortgagor records within two business
      days of receipt.

   3. Mortgage payments shall be allocated to principal, interest, insurance,
      taxes or other escrow items in accordance with the mortgagor's loan
      documents.

   4. Mortgage payments identified as loan payoffs shall be allocated in
      accordance with the mortgagor's loan documents

III. Disbursements

   1. Disbursements made via wire transfer on behalf of a mortgagor or investor
      shall be made only by authorized personnel.

   2. Disbursements made on behalf of a mortgagor or investor shall be posted
      within two business days to the mortgagor's or investor's records
      maintained by the servicing entity.

   3. Tax and insurance payments shall be made on or before the penalty or
      insurance policy expiration dates, as indicated on tax bills and
      insurance premium notices, respectively, provided that such support has
      been received by the servicing  entity at least thirty (30) calendar days
      prior to these dates.

   4. Any late payment penalties paid in conjunction with the payment of any tax
      bill or insurance premium notice shall be paid from the servicing entity's
      funds and not charged to the mortgagor, unless the late payment was due to
      the mortgagor's error or omission.

   5. Amounts remitted to investors per the servicer's investor reports shall
      agree with canceled checks or other form of payment, or custodial bank
      statements.

   6. Unissued checks shall be safeguarded so as to prevent unauthorized access.

IV. Investor Accounting and Reporting

   1. The servicing entity's investor reports shall agree with, or reconcile to,
      investors' records on a monthly basis as to the total unpaid principal
      balance and number of loans serviced by the servicing entity.

V.  Mortgage Loan Accounting

   1. The servicing entity's mortgage loan records shall agree with, or
      reconcile to, the records of mortgagors with respect to the unpaid
      principal balance on a monthly basis.

   2. Adjustments on ARM loans shall be computed based on the related mortgage
      note and any ARM rider.

   3. Escrow accounts shall be analyzed, in accordance with the mortgagor's loan
      documents, on at least an annual basis.

   4. Interest on escrow accounts shall be paid, or credited, to mortgagors in
      accordance with the applicable state laws.

VI. Delinquencies

   1. Records documenting collection efforts shall maintained during the period
      a loan is in default and shall be updated at least monthly. Such records
      shall describe the entity's activities in monitoring delinquent loans
      including, for example, phone calls, letters and mortgage payment
      rescheduling plans in cases where the delinquency is deemed temporary
      (e.g., illness or unemployment).

VII. Insurance Policies

   1. A fidelity bond and errors and omissions policy shall be in effect on the
      servicing entity throughout the reporting period in the amount of coverage
      represented to investors in management's assertion.




  Ex-99.2 (b)

Management's Assertion on Compliance
with the Minimum Servicing Standards Set Forth in the
Uniform Single Attestation Program for Mortgage Bankers

Report of Management

We, as members of management of KeyCorp Real Estate Capital Markets, Inc. (the
"Company"), are responsible for complying with the servicing standards
identified in Attachment A (the "minimum servicing standards") as set forth in
the Mortgage Bankers Association of America's Uniform Single Attestation Program
for Mortgage Bankers (USAP) except, for commercial loan and multifamily loan
servicing, minimum servicing standards V.4 and VI.1., which the Mortgage Bankers
Association of America has interpreted as inapplicable to such servicing. We are
also responsible for establishing and maintaining effective internal control
over compliance with these specified minimum servicing standards. We have
performed an evaluation of the Company's compliance with the specified minimum
servicing standards as of December 31, 2003 and for the year then ended. Based
on this evaluation, we assert that during the year ended December 31, 2003, the
Company complied, in all material respects, with the specified minimum servicing
standards set forth in the USAP.

As of and for this same period, the Company was insured as a subsidiary of
KeyCorp. AS of December 31,2003, Bank had in effect a fidelity bond in the
amount of $100,000,000 and an errors and omissions policy in the amount of
$100,000,000.


Marty O'Connor
Senior Vice President
Loan Servicing & Asset Management

Tony Nemec
Vice President
Investor Reporting

Bryan Nitcher
Vice President
Loan Servicing


January 30, 2004


Attachment A

Minimum Servicing Standards

I.  Mortgage Principal, Interest and Amortization

   1. Reconciliations shall be prepared on a monthly basis for all custodial
      bank accounts and related bank clearing accounts. These reconciliations
      shall:
      . be mathematically accurate;

      . be prepared within forty-five (45) calendar days after the cutoff
        date

      . be reviewed and approved by someone other than the person who prepared
        the reconciliation; and

      . document explanations for reconciling items. These reconciling items
        shall be resolved within ninety (90) calendar days of their original
        identification.

   2. Funds of the servicing entity shall be advanced in cases where there is an
      overdraft in an investor's or a mortgagor's account.

   3. Each custodial account shall be maintained at a federally insured
      depository institution in trust for the applicable investor.

   4. Escrow funds held in trust for a mortgagor shall be returned to the
      mortgagor within thirty (30) calendar days of payoff of the mortgage loan.

II.  Mortgage Payments

   1. Mortgage  payments shall be deposited into the custodial bank accounts and
      related bank clearing accounts within two business days of receipt.

   2. Mortgage payments made in accordance with the mortgagor's loan documents
      shall be posted to the applicable mortgagor records within two business
      days of receipt.

   3. Mortgage payments shall be allocated to principal, interest, insurance,
      taxes or other escrow items in accordance with the mortgagor's loan
      documents.

   4. Mortgage payments identified as loan payoffs shall be allocated in
      accordance with the mortgagor's loan documents

III. Disbursements

   1. Disbursements made via wire transfer on behalf of a mortgagor or investor
      shall be made only by authorized personnel.

   2. Disbursements made on behalf of a mortgagor or investor shall be posted
      within two business days to the mortgagor's or investor's records
      maintained by the servicing entity.

   3. Tax and insurance payments shall be made on or before the penalty or
      insurance policy expiration dates, as indicated on tax bills and
      insurance premium notices, respectively, provided that such support has
      been received by the servicing  entity at least thirty (30) calendar days
      prior to these dates.

   4. Any late payment penalties paid in conjunction with the payment of any tax
      bill or insurance premium notice shall be paid from the servicing entity's
      funds and not charged to the mortgagor, unless the late payment was due to
      the mortgagor's error or omission.

   5. Amounts remitted to investors per the servicer's investor reports shall
      agree with canceled checks or other form of payment, or custodial bank
      statements.

   6. Unissued checks shall be safeguarded so as to prevent unauthorized access.

IV. Investor Accounting and Reporting

   1. The servicing entity's investor reports shall agree with, or reconcile to,
      investors' records on a monthly basis as to the total unpaid principal
      balance and number of loans serviced by the servicing entity.

V.  Mortgage Loan Accounting

   1. The servicing entity's mortgage loan records shall agree with, or
      reconcile to, the records of mortgagors with respect to the unpaid
      principal balance on a monthly basis.

   2. Adjustments on ARM loans shall be computed based on the related mortgage
      note and any ARM rider.

   3. Escrow accounts shall be analyzed, in accordance with the mortgagor's loan
      documents, on at least an annual basis.

   4. Interest on escrow accounts shall be paid, or credited, to mortgagors in
      accordance with the applicable state laws.

VI. Delinquencies

   1. Records documenting collection efforts shall maintained during the period
      a loan is in default and shall be updated at least monthly. Such records
      shall describe the entity's activities in monitoring delinquent loans
      including, for example, phone calls, letters and mortgage payment
      rescheduling plans in cases where the delinquency is deemed temporary
      (e.g., illness or unemployment).

VII. Insurance Policies

   1. A fidelity bond and errors and omissions policy shall be in effect on the
      servicing entity throughout the reporting period in the amount of coverage
      represented to investors in management's assertion.





  Ex-99.3 (a)

(Logo)
March 12, 2004

KeyBank Real Estate Capital
911 Main Street, Suite 1500
Kansas City, MO 64105

Tel: 816-221-8800
Fax: 816-221-8051
Toll Free: 888-979-1200

KeyCorp Real Estate Capital Markets, Inc.
As Master Servicer
Annual Officer's Certification

For Period of: January 1 through December 31, 2003

Re: CSFB 2003-CK2 Pooling and Servicing Agreement

With regard to the loans Master Serviced by KeyCorp Real Estate Capital Markets
Inc. d/b/a/ KeyBank Real Estate Capital (KBREC) in the above captioned
transaction, and pursuant to Section 3.12 and 3.14 of the Pooling and Servicing
Agreement, please be advised of the following:

A review of the activities of KBREC during the preceding calendar year and of
its performance, under the Agreement, has been made under my supervision.

To the best of my knowledge, based on such review, KBREC has fulfilled all of
its obligations under the Agreement in all material respects.

KBREC has received no notice regarding qualification or challenge to the status
of Upper- Tier REMIC or Lower-Tier REMIC as a REMIC from the Internal Revenue
Service or any governing agency or body.

By:
/s/ Bryan S. Nitcher
Date:
03-12-04
Bryan S. Nitcher, Vice President
Loan Servicing and Asset Management

#735










  Ex-99.3 (b)

March 12, 2004

KeyCorp Real Estate Capital Markets, Inc.
As Special Servicer
Annual Officer's Certification
For Period of: January 1 through December 31, 2003

Re: CSFB 2003-CK2 Pooling and Servicing Agreement
With regard to the loans Specially Serviced by KeyCorp Real Estate Capital
Markets, Inc. d/b/a/ KeyBank Real Estate Capital (KBREC) in the above captioned
transaction, and pursuant to Section 3.13 of the Pooling and Servicing
Agreement, please be advised of the following:

* A review of the activities of KBREC as Special Servicer during the preceding
  calendar year and of its performance, under the Agreement, has been made under
  my supervision.

* To the best of my knowledge, based on such review, KBREC as Special Servicer
  has fulfilled all of its obligations under the Agreement in all material
  respects throughout such year.

* All information returns relating to any Specially Serviced Mortgage Loan or
  REO Property that were required to be filed during the prior twelve (12)
  months have been properly completed and timely provided to the Master
  Servicer.

* KBREC as Master Servicer has received no notice regarding qualification or
  challenge to the status of any REMIC Pool as a REMIC or any Grantor Trust Pool
  as Grantor Trust from the Internal Revenue Service or any governing agency or
  body.

By:
/s/ Marty O'Connor
Date: 3/16/04
Marty O'Connor, Senior Vice President
Loan Servicing and Asset Management

#735







  Ex-99.4
   Schedule of Year-To-Date Principal and Interest Distributions to
   Certificateholders


   <TABLE>

   Class                              Interest             Principal               Losses             Ending Balance
   
                       <c>                    <c>                  <c>                 <c>
   A-1                            2,025,239.35          6,771,401.29                 0.00              97,228,598.71
   A-2                            5,045,040.00                  0.00                 0.00             196,000,000.00
   A-3                            3,390,626.64                  0.00                 0.00             109,000,000.00
   A-4                           11,659,804.64                  0.00                 0.00             364,293,000.00
   A-SP                          10,012,306.66                  0.00                 0.00                       0.00
   A-X                            1,004,164.65                  0.00                 0.00                       0.00
   B                              1,053,042.16                  0.00                 0.00              32,118,000.00
   C                                408,307.84                  0.00                 0.00              12,353,000.00
   D                                993,569.76                  0.00                 0.00              29,647,000.00
   E                                421,484.40                  0.00                 0.00              12,353,000.00
   F                                464,555.12                  0.00                 0.00              12,353,000.00
   G                                756,829.44                  0.00                 0.00              19,764,000.00
   H                                609,432.40                  0.00                 0.00              14,824,000.00
   J                                564,706.72                  0.00                 0.00              17,294,000.00
   K                                564,706.72                  0.00                 0.00              17,294,000.00
   L                                161,340.08                  0.00                 0.00               4,941,000.00
   M                                443,726.16                  0.00                 0.00              13,589,000.00
   N                                201,666.96                  0.00                 0.00               6,176,000.00
   O                                161,340.08                  0.00                 0.00               4,941,000.00
   P                                564,677.59                  0.00                 0.00              17,294,824.44
   RCKB                             642,319.84                  0.00                 0.00              15,000,000.00
   V-1                                    0.00                  0.00                 0.00                       0.00
   V-2                                    0.00                  0.00                 0.00                       0.00
   V-3                                    0.00                  0.00                 0.00                       0.00
   V-4                                    0.00                  0.00                 0.00                       0.00
   GLC                               142487.03              31690.25                 0.00                 3580583.54

</TABLE>