LENNAR PARTNERS

An LNR Company



March 1, 2004



|Wells Fargo Bank Minnesota, NA                                                
|------------------------------------------------------------------------------
|Corporate Trust Department                                                    
|9062 Old Annapolis Road, MAC N2702-011                                        
|Columbia, MD 21044-3562                                                       
|Attention: Corporate Trust Services (CMBS), Wachovia Commercial Mortgage Trust
|Commercial Mortgage Pass-Through Certificates, FUNB 2001-C3                   

|Re: | Annual Independent Public Accountant's Servicing Report                                               
|--- | ------------------------------------------------------------------------------------------------------
|    | Pooling and Servicing Agreement                                                                       
|    | First Union Commercial Securities, Inc., Commercial Mortgage Pass Through Certificates, Series 2001-C3



To whom it may concern:

As of and for the year ended December 31, 2003, Lennar Partners, Inc. has complied in all material respects with the applicable minimum servicing standards set forth in the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers applicable to the commercial and multifamily mortgages for the special servicer as noted in the attachment to this assertion. As of and for this same period, Lennar Partners, Inc. had in effect a fidelity bond in the amount of $10,000,000 and an errors and omissions policy in the amount of $10,000,000.

Sincerely,

LENNAR PARTNERS, INC.



|Susan K. Chapman
|----------------
|Susan K. Chapman
|Vice President  



|cc: | Wachovia Bank, NA                               
|--- | ------------------------------------------------
|    | NC 1075, 8739 Research Drive-URP4               
|    | Charlotte, NC 28288-1075                        
|    | Wachovia National Bank Commercial Mortgage Trust











1601 Washington Avenue Suite 700 Miami Beach Florida 33130

Telephone: (305) 695-5600 Fax: (305) 695-5601

FUNB 2001-C3

March 1, 2004

Page 2



|cc: | Wachovia Bank, NA                               
|--- | ------------------------------------------------
|    | NC 1075, 8739 Research Drive-URP4               
|    | Charlotte, NC 28288-1075                        
|    | Wachovia National Bank Commercial Mortgage Trust
|    |                                                 
|    |                                                 
|    | Wachovia Commercial Mortgage Securities, Inc.   
|    | One Wachovia Center, DC6                        
|    | Charlotte, NC 28288-1075                        
|    | William J. Cohane                               
|    |                                                 
|    | Fitch IBCA, Inc.                                
|    | One State Street Plaza                          
|    | New York, NY 10004                              
|    | Commercial Mortgage-Backed Securities Group     
|    |                                                 
|    |                                                 
|    | Standard & Poor's Rating Services, Inc.         
|    | 55 Water Street                                 
|    | New York, NY 10041                              
|    | CMBS Surveillance Group                         
|    |                                                 
|    | Wachovia Bank, NA                               
|    | One Wachovia Center, DC6                        
|    | Charlotte, NC 28288-1075                        
|    | Mr. William J. Cohane                           
|    |                                                 
|    | Deutsche Banc Alex. Brown Inc                   
|    | 1301 Avenue of the Americas, 8th Floor          
|    | New York, NY 10019                              
|    | Jeff Welch                                      
|    |                                                 
|    | ABN AMRO Incorporated                           
|    | 55 East 52nd Street                             
|    | New York, NY 10055                              
|    | Frank Forelle                                   



































Mortgage Bankers Association of America

Uniform Single Attestation Program for Mortgage Bankers

Minimum Servicing Standards Applicable to

Lennar Partners, Inc. as Special Servicer for

FUNB 2001-C3

|                                      |                                                                       |           |            | Not       
|------------------------------------- | --------------------------------------------------------------------- | --------- | ---------- | ----------
|                                      | Minimum Servicing Standards                                           |           | Applicable | Applicable
|                                      |                                                                       |           |            |           
|                                      |                                                                       |           |            |           
|I. CUSTODIAL BANK ACCOUNTS            |                                                                       |           |           
|                                      |                                                                       |           |            |           
|                                      | 1. Reconciliations shall be prepared on a monthly basis for all       |           | _________  | ____X____ 
|                                      | custodial bank accounts and related bank clearing accounts.           |           |            |           
|                                      |                                                                       |           |            |           
|                                      | 2. Funds of the servicing entity shall be advanced in cases where     |           | _________  | ____X____ 
|                                      | there is an overdraft in an investor's or a mortgagor's account.      |           |            |           
|                                      |                                                                       |           |            |           
|                                      | 3. Each custodial account shall be maintained at a federally          |           | _________  | ____X____ 
|                                      | insured depository institution in trust for the applicable            |           |            |           
|                                      | investor.                                                             |           |            |           
|                                      |                                                                       |           |            |           
|                                      | 4. Escrow funds held in trust for a mortgagor shall be returned to    |           | _________  | ____X____ 
|                                      | 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       |           | _________  | ____X____ 
|                                      | accounts and related bank clearing accounts within two                |           |            |           
|                                      | business days of receipt.                                             |           |            |           
|                                      |                                                                       |           |            |           
|                                      | 2. Mortgage payments made in accordance with the mortgagor's          |           | _________  | ____X____ 
|                                      | loan documents shall be posted to the applicable mortgagor            |           |            |           
|                                      | records with two business days of receipt.                            |           |            |           
|                                      |                                                                       |           |            |           
|                                      | 3. Mortgage payments shall be allocated to principal, interest,       |           | ____X_____ | _________ 
|                                      | insurance, taxes or other escrow items in accordance with the         |           |            |           
|                                      | mortgagor's loan documents.                                           |           |            |           
|                                      |                                                                       |           |            |           
|                                      | 4. Mortgage payments identified as loan payoffs shall be allocated    |           | ____X_____ | _________ 
|                                      | in accordance with the mortgagor's loan documents.                    |           |            |           
|                                      |                                                                       |           |            |           
|                                      |                                                                       |           |            |           
|III. DISBURSEMENTS                    |                                                                       |           |           
|                                      |                                                                       |           |            |           
|                                      | 1. Disbursements made via wire transfer on behalf of a mortgagor      |           | _________  | ____X____ 
|                                      | or investor shall be made only by authorized personnel.               |           |            |           
|                                      |                                                                       |           |            |           
|                                      | 2. Disbursements made on behalf of a mortgagor or investor shall be   |           | _________  | ____X____ 
|                                      | 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          |           | _________  | ____X____ 
|                                      | 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    |           | _________  | ____X____ 
|                                      | 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 ____.                          |           |            |           
|                                      |                                                                       |           |            |           
|                                      | 5. Amounts remitted to investors per the servicer's investor reports  |           | _________  | ____X____ 
|                                      | shall agree with cancelled checks, or other form of payment, or       |           |            |           
|                                      | custodial bank statements.                                            |           |            |           
|                                      |                                                                       |           |            |           
|                                      | 6. Unused checks shall be safeguarded so as to prevent                |           | _________  | ____X____ 
|                                      | unauthorized access.                                                  |           |            |           
|                                      |                                                                       |           |            |           
|IV. INVESTOR ACCOUNTING AND REPORTING |                                                                       |           |           
|                                      |                                                                       |           |            |           
|                                      | 1. The servicing entity's investor reports shall agree with or        |           | ____X_____ | _________ 
|                                      | 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  | _________ | ____X____ 
|                                      | 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            | _________ | ____X____ 
|                                      | related mortgage note and any ARM rider.                              |           |            |           
|                                      |                                                                       |           |            |           
|                                      | 3. Escrow accounts shall be analyzed, in accordance with the          |           | _________  | ____X____ 
|                                      | mortgagor's loan documents, on at least an annual basis.              |           |            |           
|                                      |                                                                       |           |            |           
|                                      | 4. Interest on escrow accounts shall be paid, or credited, to         |           | _________  | ____X____ 
|                                      | mortgagors in accordance with applicable state laws. (A               |           |            |           
|                                      | compilation of state laws relating to the payment of interest on      |           |            |           
|                                      | escrow accounts may be obtained through the MBA's FAX ON              |           |            |           
|                                      | DEMAND service. For more information, contact MBA.)                   |           |            |           
|                                      |                                                                       |           |            |           
|VI. DELIQUENCIES                      |                                                                       |           |           
|                                      |                                                                       |           |            |           
|                                      | 1. Records documenting collection efforts shall be maintained         |           | ____X_____ | _________ 
|                                      | 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 |           | ____X_____ | _________ 
|                                      | On the servicing entity throughout the reporting period in the        |           |            |           
|                                      | Amount of coverage represented to investors in management's           |           |            |           
|                                      | Assertion.                                                            |           |            |           
|                                      |                                                                       |           |            |           
|                                      |                                                                       |           |            |           
|                                      |                                                                       |           |            |