<PAGE>

                                                                    EXHIBIT 10.1

CONTACT: CUSTOMER SERVICES -- CTSLINK
         WELLS FARGO BANK MINNESOTA, N.A.
         SECURITIES ADMINISTRATION SERVICES
         7485 NEW HORIZON WAY
         FREDERICK, MD  21703
         WWW.CTSLINK.COM
         TELEPHONE: (301) 815-6600
         FAX:       (301) 315-6660

                               SMT SERIES 2002-11
                         RECORD DATE: NOVEMBER 28, 2003
                      DISTRIBUTION DATE: DECEMBER 30, 2003

                     CERTIFICATEHOLDER DISTRIBUTION SUMMARY

<TABLE>
<CAPTION>
                      Certificate  Certificate
                         Class     Pass-Through       Beginning           Interest      Principal
  Class     CUSIP     Description      Rate      Certificate  Balance   Distribution   Distribution
----------------------------------------------------------------------------------------------------
<S>       <C>         <C>          <C>           <C>                   <C>             <C>
    A     81744AAA6       SEN        1.57000%      609,315,515.91        797,187.79    7,493,006.16
   X-1A   81744AAC2        IO        0.90088%                0.00        131,123.51            0.00
   X-1B   81744AAD0        IO        1.01781%                0.00        368,663.66            0.00
   X-B    81744AAE8        IO        0.46429%                0.00          3,763.09            0.00
   A-R    81744AAF5       SEN        3.25132%                0.00              0.00            0.00
   B-1    81744AAB4       SUB        2.09000%        9,726,000.00         16,939.45            0.00
   B-2    81744AAG3       SUB        2.55429%        5,764,000.00         12,269.12            0.00
   B-3    81744AAH1       SUB        2.55429%        3,962,000.00          8,433.42            0.00
   B-4    SMT0211B4       SUB        2.55429%        1,801,000.00          3,833.57            0.00
   B-5    SMT0211B5       SUB        2.55429%        1,080,000.00          2,298.86            0.00
   B-6    SMT0211B6       SUB        2.55429%        2,882,787.00          6,136.23            0.00
---------------------------------------------------------------------------------------------------
Totals                                             634,531,302.91      1,350,648.70    7,493,006.16
---------------------------------------------------------------------------------------------------

<CAPTION>
            Current      Ending Certificate      Total         Cumulative
  Class  Realized Loss        Balance         Distribution    Realized Loss
---------------------------------------------------------------------------
<S>      <C>             <C>                  <C>             <C>
    A         0.00         601,822,509.75     8,290,193.95        0.00
   X-1A       0.00                   0.00       131,123.51        0.00
   X-1B       0.00                   0.00       368,663.66        0.00
   X-B        0.00                   0.00         3,763.09        0.00
   A-R        0.00                   0.00             0.00        0.00
   B-1        0.00           9,726,000.00        16,939.45        0.00
   B-2        0.00           5,764,000.00        12,269.12        0.00
   B-3        0.00           3,962,000.00         8,433.42        0.00
   B-4        0.00           1,801,000.00         3,833.57        0.00
   B-5        0.00           1,080,000.00         2,298.86        0.00
   B-6        0.00           2,882,787.00         6,136.23        0.00
----------------------------------------------------------------------
Totals        0.00         627,038,296.75     8,843,654.86        0.00
----------------------------------------------------------------------
</TABLE>

All distributions required by the Pooling and Servicing Agreement have been
calculated by the Certificate Administrator on behalf of the Trustee.

<PAGE>

                        PRINCIPAL DISTRIBUTION STATEMENT

<TABLE>
<CAPTION>
                                                     Beginning               Scheduled         Unscheduled
                           Original Face            Certificate              Principal          Principal
    Class                     Amount                  Balance               Distribution       Distribution           Accretion
-------------------------------------------------------------------------------------------------------------------------------
<S>                       <C>                      <C>                      <C>                <C>                    <C>
      A                   695,210,000.00           609,315,515.91                0.00          7,493,005.87              0.00
     X-1A                           0.00                     0.00                0.00                  0.00              0.00
     X-1B                           0.00                     0.00                0.00                  0.00              0.00
     X-B                            0.00                     0.00                0.00                  0.00              0.00
     A-R                          100.00                     0.00                0.00                  0.00              0.00
     B-1                    9,726,000.00             9,726,000.00                0.00                  0.00              0.00
     B-2                    5,726,000.00             5,764,000.00                0.00                  0.00              0.00
     B-3                    3,962,000.00             3,962,000.00                0.00                  0.00              0.00
     B-4                    1,801,000.00             1,801,000.00                0.00                  0.00              0.00
     B-5                    1,080,000.00             1,080,000.00                0.00                  0.00              0.00
     B-6                    2,882,787.00             2,882,787.00                0.00                  0.00              0.00
-----------------------------------------------------------------------------------------------------------------------------
Totals                    720,425,887.00           634,531,302.91                0.00          7,493,005.87              0.00
-----------------------------------------------------------------------------------------------------------------------------

<CAPTION>
             Realized          Total Principal         Ending Certificate        Ending Certificate           Total Principal
    Class    Loss (1)             Reduction                 Balance                  Percentage                Distribution
-----------------------------------------------------------------------------------------------------------------------------
<S>          <C>               <C>                     <C>                       <C>                          <C>
      A         0.00            7,493,006.16            601,822,509.75                 0.86567010               7,493,006.16
     X-1A       0.00                    0.00                      0.00                 0.00000000                       0.00
     X-1B       0.00                    0.00                      0.00                 0.00000000                       0.00
     X-B        0.00                    0.00                      0.00                 0.00000000                       0.00
     A-R        0.00                    0.00                      0.00                 0.00000000                       0.00
     B-1        0.00                    0.00              9,726,000.00                 1.00000000                       0.00
     B-2        0.00                    0.00              5,764,000.00                 1.00000000                       0.00
     B-3        0.00                    0.00              3,962,000.00                 1.00000000                       0.00
     B-4        0.00                    0.00              1,801,000.00                 1.00000000                       0.00
     B-5        0.00                    0.00              1,080,000.00                 1.00000000                       0.00
     B-6        0.00                    0.00              2,882,787.00                 1.00000000                       0.00
----------------------------------------------------------------------------------------------------------------------------
Totals          0.00            7,493,006.16            627,038,296.75                 0.87037169               7,493,006.16
----------------------------------------------------------------------------------------------------------------------------
</TABLE>

(1) Amount does not include excess special hazard, bankruptcy, or fraud losses
unless otherwise disclosed. Please refer to the prospectus supplement for a full
description.

                    PRINCIPAL DISTRIBUTION FACTORS STATEMENT

<TABLE>
<CAPTION>
                                                      Beginning            Scheduled             Unscheduled
                           Original Face             Certificate           Principal              Principal
    Class                     Amount                   Balance            Distribution           Distribution         Accretion
-------------------------------------------------------------------------------------------------------------------------------
<S>                       <C>                       <C>                   <C>                    <C>                  <C>
      A                   695,210,000.00             876.44814647          0.00000042             10.77804673         0.00000000
     X-1A                           0.00               0.00000000          0.00000000              0.00000000         0.00000000
     X-1B                           0.00               0.00000000          0.00000000              0.00000000         0.00000000
     X-B                            0.00               0.00000000          0.00000000              0.00000000         0.00000000
     A-R                          100.00               0.00000000          0.00000000              0.00000000         0.00000000
     B-1                    9,726,000.00            1000.00000000          0.00000000              0.00000000         0.00000000
     B-2                    5,764,000.00            1000.00000000          0.00000000              0.00000000         0.00000000
     B-3                    3,962,000.00            1000.00000000          0.00000000              0.00000000         0.00000000
     B-4                    1,801,000.00            1000.00000000          0.00000000              0.00000000         0.00000000
     B-5                    1,080,000.00            1000.00000000          0.00000000              0.00000000         0.00000000
     B-6                    2,882,787.00            1000.00000000          0.00000000              0.00000000         0.00000000

<CAPTION>
                  Realized            Total Principal      Ending Certificate        Ending Certificate           Total Principal
    Class         Loss (3)               Reduction              Balance                  Percentage                Distribution
---------------------------------------------------------------------------------------------------------------------------------
<S>              <C>                  <C>                  <C>                       <C>                          <C>
      A          0.00000000             10.77804715           865.67009932                 0.86567010                10.77804715
     X-1A        0.00000000              0.00000000             0.00000000                 0.00000000                 0.00000000
     X-1B        0.00000000              0.00000000             0.00000000                 0.00000000                 0.00000000
     X-B         0.00000000              0.00000000             0.00000000                 0.00000000                 0.00000000
     A-R         0.00000000              0.00000000             0.00000000                 0.00000000                 0.00000000
     B-1         0.00000000              0.00000000          1000.00000000                 1.00000000                 0.00000000
     B-2         0.00000000              0.00000000          1000.00000000                 1.00000000                 0.00000000
     B-3         0.00000000              0.00000000          1000.00000000                 1.00000000                 0.00000000
     B-4         0.00000000              0.00000000          1000.00000000                 1.00000000                 0.00000000
     B-5         0.00000000              0.00000000          1000.00000000                 1.00000000                 0.00000000
     B-6         0.00000000              0.00000000          1000.00000000                 1.00000000                 0.00000000
</TABLE>

(3) Amount does not include excess special hazard, bankruptcy, or fraud losses
unless otherwise disclosed. Please refer to the prospectus supplement for a full
description.

<PAGE>

                         INTEREST DISTRIBUTION STATEMENT

<TABLE>
<CAPTION>
                                               Beginning                     Payment of
                                              Certificate/      Current        Unpaid     Current    Non-Supported
         Original Face        Current           Notional        Accrued       Interest   Interest      Interest      Realized
 Class       Amount       Certificate Rate      Balance         Interest     Shortfall   Shortfall     Shortfall     Loss (4)
-----------------------------------------------------------------------------------------------------------------------------
<S>      <C>              <C>                <C>              <C>            <C>         <C>         <C>             <C>
   A     695,210,000.00       1.57000%       609,315,515.91     797,187.80     0.00        0.00          0.00          0.00
 X-1A              0.00       0.90088%       174,660,554.50     131,123.51     0.00        0.00          0.00          0.00
 X-1B              0.00       1.01781%       434,654,961.41     368,663.66     0.00        0.00          0.00          0.00
  X-B              0.00       0.46429%         9,726,000.00       3,763.09     0.00        0.00          0.00          0.00
  A-R            100.00       3.25132%                 0.00           0.00     0.00        0.00          0.00          0.00
  B-1      9,726,000.00       2.09000%         9,726,000.00      16,939.45     0.00        0.00          0.00          0.00
  B-2      5,764,000.00       2.55429%         5,764,000.00      12,269.12     0.00        0.00          0.00          0.00
  B-3      3,962,000.00       2.55429%         3,962,000.00       8,433.42     0.00        0.00          0.00          0.00
  B-4      1,801,000.00       2.55429%         1,801,000.00       3,833.57     0.00        0.00          0.00          0.00
  B-5      1,080,000.00       2.55429%         1,080,000.00       2,298.86     0.00        0.00          0.00          0.00
  B-6      2,882,787.00       2.55429%         2,882,787.00       6,136.23     0.00        0.00          0.00          0.00
---------------------------------------------------------------------------------------------------------------------------
Totals   720,425,887.00                                       1,350,648.71     0.00        0.00          0.00          0.00
---------------------------------------------------------------------------------------------------------------------------

<CAPTION>
                          Remaining       Ending
                           Unpaid      Certificate/
         Total Interest   Interest      Notational
 Class    Distribution    Shortfall      Balance
----------------------------------------------------
<S>      <C>              <C>         <C>
   A        797,187.79      0.00      601,822,509.75
 X-1A       131,123.51      0.00      173,427,817.04
 X-1B       368,663.66      0.00      428,394,692.71
  X-B         3,763.09      0.00        9,726,000.00
  A-R             0.00      0.00                0.00
  B-1        16,939.45      0.00        9,726,000.00
  B-2        12,269.12      0.00        5,764,000.00
  B-3         8,433.42      0.00        3,962,000.00
  B-4         3,833.57      0.00        1,801,000.00
  B-5         2,298.86      0.00        1,080,000.00
  B-6         6,136.23      0.00        2,882,787.00
----------------------------------------------------
Totals    1,350,648.70      0.00
----------------------------------------------------
</TABLE>

(4) Amount does not include excess special hazard, bankruptcy or fraud losses
unless otherwise disclosed. Please refer to the prospectus supplement for a full
description.

                     INTEREST DISTRIBUTION FACTORS STATEMENT

<TABLE>
<CAPTION>
                                               Beginning                   Payment of
                                              Certificate/     Current       Unpaid       Current    Non-Supported
Class    Original Face        Current           Notional       Accrued      Interest     Interest     Interest        Realized
 (5)         Amount       Certificate Rate      Balance        Interest     Shortfall    Shortfall    Shortfall       Loss (6)
------------------------------------------------------------------------------------------------------------------------------
<S>      <C>              <C>                <C>              <C>          <C>           <C>         <C>             <C>
  A      695,210,000.00       1.57000%        876.44814647    1.14668632   0.00000000    0.00000000    0.00000001    0.00000000
X-1A               0.00       0.90088%        910.82232898    0.68378473   0.00000000    0.00000000    0.00000000    0.00000000
X-1B               0.00       1.01781%        863.35534121    0.73227679   0.00000000    0.00000000    0.00000000    0.00000000
 X-B               0.00       0.46429%       1000.00000000    0.38691034   0.00000000    0.00000000    0.00000000    0.00000000
 A-R             100.00       3.25132%          0.00000000    0.00000000   0.00000000    0.00000000    0.00000000    0.00000000
 B-1       9,726,000.00       2.09000%       1000.00000000    1.74166667   0.00000000    0.00000000    0.00000000    0.00000000
 B-2       5,726,000.00       2.55429%       1000.00000000    2.12857738   0.00000000    0.00000000    0.00000000    0.00000000
 B-3       3,962,000.00       2.55429%       1000.00000000    2.12857648   0.00000000    0.00000000    0.00000000    0.00000000
 B-4       1,801,000.00       2.55429%       1000.00000000    2.12857857   0.00000000    0.00000000    0.00000000    0.00000000
 B-5       1,080,000.00       2.55429%       1000.00000000    2.12857407   0.00000000    0.00000000    0.00000000    0.00000000
 B-6       2,882,787.00       2.55429%       1000.00000000    2.12857558   0.00000000    0.00000000    0.00000000    0.00000000

<CAPTION>
                          Remaining       Ending
                           Unpaid      Certificate/
Class    Total Interest   Interest      Notational
 (5)      Distribution    Shortfall      Balance
---------------------------------------------------
<S>      <C>              <C>         <C>
  A        1.14668631     0.00000000   865.67009932
X-1A       0.68378473     0.00000000   904.39383224
X-1B       0.73227679     0.00000000   850.92056673
 X-B       0.38691034     0.00000000  1000.00000000
 A-R       0.00000000     0.00000000     0.00000000
 B-1       1.74166667     0.00000000  1000.00000000
 B-2       2.12857738     0.00000000  1000.00000000
 B-3       2.12857648     0.00000000  1000.00000000
 B-4       2.12857857     0.00000000  1000.00000000
 B-5       2.12857407     0.00000000  1000.00000000
 B-6       2.12857558     0.00000000  1000.00000000
</TABLE>

(5) Per $1 denomination

(6) Amount does not include excess special hazard, bankruptcy, or fraud losses
unless otherwise disclosed. Please refer to the prospectus supplement for a full
description.

<PAGE>

                       CERTIFICATEHOLDER ACCOUNT STATEMENT

                               CERTIFICATE ACCOUNT

<TABLE>
<S>                                                               <C>
Beginning Balance                                                         0.00

Deposits
            Payments of Interest and Principal                    9,038,691.73
            Liquidations, Insurance Proceeds, Reserve Funds               0.00
            Proceeds from Repurchased Loans                               0.00
            Other Amounts (Servicer Advances)                         4,252.60
            Realized Losses                                               0.00
            Prepayment Penalties                                          0.00
                                                                  ------------
Total Deposits                                                    9,042,944.33

Withdrawals
            Reimbursement for Servicer Advances                       4,164.15
            Payment of Service Fee                                  195,125.32
            Payment of Interest and Principal                     8,843,654.86
                                                                  ------------
Total Withdrawals (Pool Distribution Amount)                      9,042,944.33

Ending Balance                                                            0.00
                                                                  ============
</TABLE>

                    PREPAYMENT/CURTAILMENT INTEREST SHORTFALL

<TABLE>
<S>                                                                       <C>
Total Prepayment/Curtailment Interest Shortfall                           0.00
Servicing Fee Support                                                     0.00
                                                                          ----

Non-Supported Prepayment Curtailment Interest Shortfall                   0.00
                                                                          ====
</TABLE>

                                 SERVICING FEES
<TABLE>
<S>                                                               <C>
Gross Servicing Fee                                                 191,423.89
Master Servicing Fee                                                  3,701.43
Supported Prepayment/Curtailment Interest Shortfall                       0.00
                                                                  ------------

Net Servicing Fee                                                   195,125.32
                                                                  ============
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                            Beginning          Current          Current       Ending
           Account Type                      Balance         Withdrawals       Deposits       Balance
------------------------------------------------------------------------------------------------------
<S>                                         <C>              <C>               <C>           <C>
Class X-1 Basis Risk Reserve Fund           5,000.00            0.00             0.00        5,000.00
Class X-B Basis Risk Reserve Fund           5,000.00            0.00             0.00        5,000.00
</TABLE>

             LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT

<TABLE>
<CAPTION>
               DELINQUENT                           BANKRUPTCY                          FORECLOSURE
---------------------------------------------------------------------------------------------------------------
                 No. of      Principal                No. of      Principal               No. of      Principal
                 Loans        Balance                 Loans        Balance                Loans        Balance
<S>           <C>          <C>           <C>        <C>          <C>         <C>        <C>          <C>
0-29 Days         0                0.00  0-29 Days      0            0.00    0-29 Days      0            0.00
30 Days           1           42,451.91  30 Days        0            0.00    30 Days        0            0.00
60 Days           0                0.00  60 Days        0            0.00    60 Days        0            0.00
90 Days           1        1,998,789.74  90 Days        0            0.00    90 Days        0            0.00
120 Days          0                0.00  120 Days       0            0.00    120 Days       0            0.00
150 Days          0                0.00  150 Days       0            0.00    150 Days       0            0.00
180+ Days         0                0.00  180+ Days      0            0.00    180+ Days      0            0.00
              ---------    ------------             -------      ----------             --------     ----------
                  2        2,041,241.65                 0            0.00                   0            0.00
-
                No. of      Principal                 No. of     Principal                No. of     Principal
                Loans        Balance                  Loans       Balance                 Loans       Balance

0-29 Days     0.000000%      0.000000%   0-29 Days  0.000000%     0.000000%  0-29 Days  0.000000%      0.000000%
30 Days       0.055494%      0.006770%   30 Days    0.000000%     0.000000%  30 Days    0.000000%      0.000000%
60 Days       0.000000%      0.000000%   60 Days    0.000000%     0.000000%  60 Days    0.000000%      0.000000%
90 Days       0.055494%      0.318768%   90 Days    0.000000%     0.000000%  90 Days    0.000000%      0.000000%
120 Days      0.000000%      0.000000%   120 Days   0.000000%     0.000000%  120 Days   0.000000%      0.000000%
150 Days      0.000000%      0.000000%   150 Days   0.000000%     0.000000%  150 Days   0.000000%      0.000000%
180+ Days     0.000000%      0.000000%   180+ Days  0.000000%     0.000000%  180+ Days  0.000000%      0.000000%
              ---------    ----------               --------     ---------              --------     ----------
              0.110988%      0.325539%              0.000000%     0.000000%             0.000000%      0.000000%
              ---------    ----------               --------     ---------              --------     ----------

<CAPTION>
                     REO                                  TOTAL
----------------------------------------------------------------------
              No. of     Principal              No. of      Principal
               Loans      Balance               Loans        Balance
<S>           <C>        <C>         <C>        <C>         <C>
0-29 Days       0           0.00   0-29 Days      0               0.00
30 Days         0           0.00   30 Days        1          42,451.91
60 Days         0           0.00   60 Days        0               0.00
90 Days         0           0.00   90 Days        1       1,998,789.74
120 Days        0           0.00   120 Days       0               0.00
150 Days        0           0.00   150 Days       0               0.00
180+ Days       0           0.00   180+ Days      0               0.00
            --------     -------                --------  -------------
                0           0.00                  2       2,041,241.65

             No. of     Principal                No. of      Principal
              Loans      Balance                 Loans        Balance

0-29 Days   0.000000%   0.000000%  0-29 Days    0.000000%      0.000000%
30 Days     0.000000%   0.000000%  30 Days      0.055494%      0.006770%
60 Days     0.000000%   0.000000%  60 Days      0.000000%      0.000000%
90 Days     0.000000%   0.000000%  90 Days      0.055494%      0.318768%
120 Days    0.000000%   0.000000%  120 Days     0.000000%      0.000000%
150 Days    0.000000%   0.000000%  150 Days     0.000000%      0.000000%
180+ Days   0.000000%   0.000000%  180+ Days    0.000000%      0.000000%
            ---------   ---------               ---------      ---------
            0.000000%   0.000000%               0.110988%      0.325539%
            ---------   ---------               ---------      ---------
</TABLE>

<TABLE>
<S>                                           <C>     <C>                                            <C>                <C>
Current Period Class A Insufficient Funds:    0.00    Principal Balance of Contaminated Properties   Periodic Advance   4,252.60
</TABLE>
<PAGE>

      Subordinated Level/Credit Enhancement/Class Percentage and Prepayment
                                   Percentage

<TABLE>
<CAPTION>
               Original $   Original %     Current $        Current %      Current Class %    Prepayment %
               ----------   ----------     ---------        ---------      ---------------    ------------
<S>          <C>            <C>          <C>              <C>              <C>                <C>
  Class A    25,215,787.00  3.50012228%  25,215,787.00    4.02141099%         95.978589%        0.000000%
Class X-1-A  25,215,787.00  3.50012228%  25,215,787.00    4.02141099%          0.000000%        0.000000%
Class X-1-B  25,215,787.00  3.50012228%  25,215,787.00    4.02141099%          0.000000%        0.000000%
 Class B-1   15,489,787.00  2.15008751%  15,489,789.00    2.47030956%          1.551101%       38.571075%
 Class B-2    9,725,787.00  1.35000521%   9,725,787.00    1.55106746%          0.919242%       22.858696%
 Class B-3    5,763,787.00  0.80005273%   5,763,787.00    0.91920813%          0.631859%       15.712379%
 Class B-4    3,962,787.00  0.55006172%   3,962,787.00    0.63198484%          0.287223%        7.142351%
 Class B-5    2,882,787.00  0.40015039%   2,882,787.00    0.45974656%          0.172238%        4.283031%
 Class B-6            0.00  0.00000000%           0.00    0.00000000%          0.459747%       11.432469%
</TABLE>

Please refer to the prospectus supplement for a full description of loss
exposure

<TABLE>
<CAPTION>
                    Original $          Original %         Current $             Current %
                    ----------          ----------         ---------             ---------
<S>               <C>                  <C>               <C>                   <C>
    Bankruptcy       119,754.00        0.01662267%          119,754.00         0.01909836%
         Fraud    21,612,777.00        3.00000005%       12,860,062.83         2.05092143%
Special Hazard    11,600,000.00        1.61015869%       11,600,000.00         1.84996675%
</TABLE>

Limit of subordinate's exposure to certain types of losses

<PAGE>

                              COLLATERAL STATEMENT

<TABLE>
<CAPTION>
Collateral Description                                                                                   Mixed ARM
<S>                                                                                                <C>
Weighted Average Gross Coupon                                                                            2.923305%
Weighted Average Net Coupon                                                                              2.561292%
Weighted Average Pass-Through Rate                                                                       2.554292%
Weighted Average Maturity (Stepdown Calculation)                                                              313

Beginning Scheduled Collateral Loan Count                                                                   1,823
Number of Loans Paid in Full                                                                                   21
Ending Scheduled Collateral Loan Count                                                                      1,802

Beginning Scheduled Collateral Balance                                                             634,531,302.91
Ending Scheduled Collateral Balance                                                                627,038,296.75
Ending Actual Collateral Balance at 28-Nov-2003                                                    627,035,026.22

Monthly P&I Constant                                                                                 1,545,774.32
Special Servicing Fee                                                                                        0.00
Prepayment Penalties                                                                                         0.00
Realization Loss Amount                                                                                      0.00
Cumulative Realized Loss                                                                                     0.00

Class A Optimal Amount                                                                               8,290,193.96

Ending Scheduled Balance for Premium Loans                                                         627,038,296.75

Scheduled Principal                                                                                          0.00
Unscheduled Principal                                                                                7,493,005.87
</TABLE>

                             MISCELLANEOUS REPORTING

<TABLE>
<S>                                                             <C>
Pro Rata Senior Percentage                                           96.026077%
Senior Percentage                                                   100.000000%
Senior Prepayment Percentage                                        100.000000%
Subordinate Percentage                                                0.000000%
Subordinate Prepayment Percentage                                     0.000000%
One Month LIBOR Loan Balance                                    180,694,276.54
Six Month LIBOR Loan Balance                                    446,344,020.21
</TABLE>