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GS Mortgage Securities Trust 2007-GG10 – ‘FWP’ on 6/13/07 re: GS Mortgage Securities Trust 2007-GG10

On:  Wednesday, 6/13/07, at 5:52pm ET   ·   As of:  6/14/07   ·   Accession #:  950136-7-4163   ·   File #:  333-136045-02

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 6/14/07  GS Mortgage Secs Trust 2007-GG10  FWP         6/13/07    1:805K GS Mortgage Secs Trust 2007-GG10  Capital Systems 01/FA

Free Writing Prospectus   —   Rule 163/433
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: FWP         Free Writing Prospectus                             HTML   1.31M 

This is an HTML Document rendered as filed.  [ Alternative Formats ]

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-----Original Message----- From: gssyndicate@bloomberg.net [mailto:gssyndicate@bloomberg.net] Sent: Wednesday, June 13, 2007 10:05 AM Subject: GSMS 2007-GG10 -- New Issue Announcement (external) GSMS 2007-GG10 -- New Issue Announcement (external) $7.6bn Fixed-Rate Commercial Real Estate Offering -- Public Classes Lead Bookrunners: RBS Greenwich Capital and Goldman Sachs Co-Managers: Bear Stearns, Merrill Lynch, Morgan Stanley, Wachovia Class Size($MM) Rating(M/S/F) C/E% WAL(yr) Prin Window A1 75.0 Aaa/AAA/AAA 30.000 4.14 08/07-04/12 A2 733.0 Aaa/AAA/AAA 30.000 4.85 04/12-07/12 A3 246.6 Aaa/AAA/AAA 30.000 6.62 01/14-06/14 AAB 72.0 Aaa/AAA/AAA 30.000 7.41 07/12-01/17 A4 3,706.9 Aaa/AAA/AAA 30.000 9.72 01/17-05/17 A1A 517.9 Aaa/AAA/AAA 30.000 9.35 05/10-05/17 AM [764.5]* Aaa/AAA/AAA 20.000 9.86 05/17-06/17 AJ [525.6]* Aaa/AAA/AAA 13.125 9.92 06/17-06/17 B 76.4 Aa1/AA+/AA+ 12.125 9.92 06/17-06/17 C 95.6 Aa2/AA/AA 10.875 9.92 06/17-06/17 D 57.3 Aa3/AA-/AA- 10.125 9.92 06/17-06/17 E 57.3 A1/A+/A+ 9.375 9.92 06/17-06/17 F 76.4 A2/A/A 8.375 9.92 06/17-06/17 *Class size will be based on demand Collateral Summary: Deal Size - $7.6bn / 206 loans / 357 properties in 38 states Avg Loan Size - $37.1mm WA Cutoff LTV - 73.7% WA UW DSCR - 1.31x Property Type - 64.8% office, 11.4% retail, 8.7% hospitality, 7.0% multi, 4.5% other, 1.4% indus, 1.3% self-stor, 1.0% mixed use Top 5 States - 28.6% CA, 9.3% OR, 8.3% PA, 7.7% NY, 6.5% CT **Collateral subject to change** Deal Timing: Thurs. / Fri. Rating agency presales available Week of June 18 Launch & Price Early July Settle **Roadshow** Team I Team II Wed June 13 NY NY Thur June 14 NY/NJ/CT Hartford/Boston** **Global Call 3PM EDT** Fri June 15 NY/NJ/CT Mon June 18 NY/Conf Calls Minn/Chicago** Tue June 19 NY/Conf Calls Group Meetings: Hartford 6/14: 8:30 AM - Goodwin Hotel - Stowe Room One Haynes St. Hartford, CT 06103 Boston 6/14: 12:30 PM - Ritz Carlton - Boylston Room 10 Avery Street, Boston, MA 02111 Global Call 6/14: Participants: 866-558-6869 or 913-643-4199 Confirmation Code: 8994914 Minneapolis 6/18: 9:00 AM Central - Marquette Hotel - Saint Croix River Room 7th & Marquette Avenue Minneapolis, MN 55402 Chicago 6/18: 3:00 PM Central - Sears Tower - Metropolitan Club 223 South Wacker Drive Chicago, IL 60606 IMPORTANT NOTICE REGARDING THE CONDITIONS FOR THIS OFFERING OF ASSET-BACKED SECURITIES The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor the underwriter will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. STATEMENT REGARDING THIS FREE WRITING PROSPECTUS The Depositor has filed a registration statement (including the prospectus (the "Prospectus")) with the SEC for the offering to which this communication relates. Before you invest, you should read the Prospectus in the registration statement and other documents the Depositor has filed with the SEC for more complete information about the Depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov <file://www.sec.gov> . Alternatively, the Depositor or Goldman, Sachs & Co., the underwriter for this offering, will arrange to send the Prospectus to you if you request it by calling toll-free 1-866-471-2526. IMPORTANT NOTICE RELATING TO AUTOMATICALLY GENERATED EMAIL DISCLAIMERS ANY LEGENDS, DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR AT THE BOTTOM OF THE E-MAIL COMMUNICATION TO WHICH THIS FREE WRITING PROSPECTUS IS ATTACHED RELATING TO (1) THESE MATERIALS NOT CONSTITUTING AN OFFER (OR A SOLICITATION OF AN OFFER), (2) NO REPRESENTATION THAT THESE MATERIALS ARE ACCURATE OR COMPLETE AND MAY NOT BE UPDATED OR (3) THESE MATERIALS POSSIBLY BEING CONFIDENTIAL ARE NOT APPLICABLE TO THESE MATERIALS AND SHOULD BE DISREGARDED. SUCH LEGENDS, DISCLAIMERS OR OTHER NOTICES HAVE BEEN AUTOMATICALLY GENERATED AS A RESULT OF THESE MATERIALS HAVING BEEN SENT VIA BLOOMBERG OR ANOTHER SYSTEM. This material is for your information. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected in this material. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned in this material or derivatives of those securities (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding the securities and assets referred to in this material. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. ------------------------------------------------------------------------ Not an offer, recommendation, gen. solicitation or off. confirm of terms. Prepared by Research/Sales/Trading from gen. avail. info believed reliable. No representation of accuracy/completeness is made or that you will achieve returns indicated. Assumption changes may materially impact returns; price/avail. may change w/o notice; past perf. not indicative of future results. GS may have a position in any subject investment. GS PRICING IS PROPRIETARY; YOU AGREE NOT TO DISCLOSE & WE RELY ON THAT AGMT WHEN FURNISHING (FULL TERMS: www.gs.com/disclaimer/pricinginfoFor UK, issued/app. by GS Int'l, reg. by FSA, but not made avail. to priv. cust. **************************************Important Notice *********************************** This e-mail may contain information that is confidential, privileged or otherwise protected from disclosure. If you are not an intended recipient of this e-mail, do not duplicate or redistribute it by any means. Please delete it and any attachments and notify the sender that you have received it in error. Unintended recipients are prohibited from taking action on the basis of information in this e-mail. E-mail messages may contain computer viruses or other defects, may not be accurately replicated on other systems, or may be intercepted, deleted or interfered with without the knowledge of the sender or the intended recipient. If you are not comfortable with the risks associated with e-mail messages, you may decide not to use e-mail to communicate with Goldman Sachs. Goldman Sachs reserves the right, to the extent and under circumstances permitted by applicable law, to retain, monitor and intercept e-mail messages to and from its systems. ******************************************************************************** *****************

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Filed pursuant to Rule 433 File no.: 333-136045 GG10 Structural and Collateral Term Sheet $7,004,615,000 (Approximate) GS MORTGAGE SECURITIES TRUST 2007-GG10 AS ISSUING ENTITY GS MORTGAGE SECURITIES CORPORATION II AS DEPOSITOR COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2007-GG10 Greenwich Capital Financial Products, Inc. Goldman Sachs Mortgage Company Sponsors Wachovia Bank, National Association Master Servicer CWCapital Asset Management, LLC Special Servicer June 12, 2007 IMPORTANT NOTICE REGARDING THE CONDITIONS FOR THIS OFFERING OF ASSET-BACKED SECURITIES The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. STATEMENT REGARDING THIS FREE WRITING PROSPECTUS The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. IMPORTANT NOTICE RELATING TO AUTOMATICALLY GENERATED EMAIL DISCLAIMERS Any legends, disclaimers or other notices that may appear at the bottom of the email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system. [RBS Greenwich Capital LOGO] GOLDMAN, SACHS & CO. Co-Lead Bookrunning Managers BEAR, STEARNS & CO. INC. MERRILL LYNCH & CO. MORGAN STANLEY WACHOVIA SECURITIES
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GSMSC 2007-GG10 -------------------------------------------------------------------------------- STRUCTURAL OVERVIEW OFFERED CERTIFICATES APPROX. % OF APPROX. APPROX. CUT-OFF WEIGHTED ASSUMED FINAL CERTIFICATE CREDIT DATE AVERAGE PRINCIPAL DISTRIBUTION RATE CLASS S&P MOODY'S FITCH BALANCE SUPPORT(1) BALANCE LIFE(2) WINDOW(2) DATE(2) TYPE ----------- ---- ------- ----- -------------- ---------- ------------ -------- ------------- ------------- ---- A-1(3) AAA Aaa AAA $ 75,000,000 30.000% 0.981% 4.14 08/07 - 04/12 04/12 (8) A-2(3) AAA Aaa AAA $ 733,000,000 30.000% 9.588% 4.85 04/12 - 07/12 07/12 (8) A-3(3) AAA Aaa AAA $ 246,609,000 30.000% 3.226% 6.62 01/14 - 06/14 06/14 (8) A-AB(3) AAA Aaa AAA $ 72,000,000 30.000% 0.942% 7.41 07/12 - 01/17 01/17 (8) A-4(3) AAA Aaa AAA $3,706,902,000 30.000% 48.489% 9.72 01/17 - 05/17 05/17 (8) A-1A(3) AAA Aaa AAA $ 517,900,000 30.000% 6.774% 9.35 05/10 - 05/17 05/17 (8) A-M AAA Aaa AAA $ 764,487,000 20.000% 10.000% 9.86 05/17 - 06/17 06/17 (8) A-J AAA Aaa AAA $ 525,586,000 13.125% 6.875% 9.92 06/17 - 06/17 06/17 (8) B AA+ Aa1 AA+ $ 76,448,000 12.125% 1.000% 9.92 06/17 - 06/17 06/17 (8) C AA Aa2 AA $ 95,561,000 10.875% 1.250% 9.92 06/17 - 06/17 06/17 (8) D AA- Aa3 AA- $ 57,337,000 10.125% 0.750% 9.92 06/17 - 06/17 06/17 (8) E A+ A1 A+ $ 57,336,000 9.375% 0.750% 9.92 06/17 - 06/17 06/17 (8) F A A2 A $ 76,449,000 8.375% 1.000% 9.92 06/17 - 06/17 06/17 (8) NON - OFFERED CERTIFICATES APPROX. CERTIFICATE APPROX. APPROX. % OF WEIGHTED ASSUMED FINAL BALANCE / CREDIT CUT-OFF AVERAGE PRINCIPAL DISTRIBUTION RATE CLASS S&P MOODY'S FITCH NOTIONAL AMOUNT SUPPORT DATE BALANCE LIFE(2) WINDOW(2) DATE(2) TYPE ----------- ---- ------- ----- --------------- --------- ------------ -------- ------------- ------------- ---------- A-MFL(4)(5) AAA Aaa AAA Floating(7) A-JFL(4)(5) AAA Aaa AAA Floating(7) G(5) A- A3 A- $ 76,449,000 7.375% 1.000% 9.98 06/17 - 07/17 07/17 (8) H(5) BBB+ Baa1 BBB+ $ 105,117,000 6.000% 1.375% 10.00 07/17 - 07/17 07/17 (8) J(5) BBB Baa2 BBB $ 95,561,000 4.750% 1.250% 10.00 07/17 - 07/17 07/17 (8) K(5) BBB- Baa3 BBB- $ 76,448,000 3.750% 1.000% 10.00 07/17 - 07/17 07/17 (8) L(5) BB+ Ba1 BB+ $ 38,225,000 3.250% 0.500% 10.00 07/17 - 07/17 07/17 (8) M(5) BB Ba2 BB $ 19,112,000 3.000% 0.250% 10.00 07/17 - 07/17 07/17 (8) N(5) BB- Ba3 BB- $ 28,668,000 2.625% 0.375% 10.00 07/17 - 07/17 07/17 (8) O(5) B+ B1 B+ $ 19,112,000 2.375% 0.250% 10.00 07/17 - 07/17 07/17 (8) P(5) B B2 B $ 19,113,000 2.125% 0.250% 10.00 07/17 - 07/17 07/17 (8) Q(5) B- B3 B- $ 19,112,000 1.875% 0.250% 10.00 07/17 - 07/17 07/17 (8) S(5) NR NR NR $ 143,341,702 0.000% 1.875% 10.08 07/17 - 05/18 05/18 (8) X(5)(6) AAA Aaa AAA $7,644,873,702 N/A N/A N/A N/A N/A (6) (1) The credit support percentages set forth for the class A-1, class A-2, class A-3, class A-AB, class A-4 and class A-1A certificates are represented in the aggregate. The credit support percentages set forth for the class A-M certificate and class A-MFL regular interest represent the credit support percentages for classes in the aggregate. The credit support percentages set forth for the class A-J certificate and class A-JFL regular interest represent the credit support percentages for classes in the aggregate. (2) As of the cut-off date, the weighted average life, principal window and assumed final distribution date were calculated assuming no prepayments will be made on the mortgage loans prior to their related maturity dates and the other assumptions set forth under "YIELD AND MATURITY CONSIDERATIONS - Yield Considerations" in the prospectus supplement. (3) For purposes of making distributions on the class A-1, class A-2, class A-3, class A-AB, class A-4 and class A-1A certificates, the pool of mortgage loans will consist of two distinct loan groups, loan group 1 and loan group 2. As of the cut-off date, loan group 1 will consist of 186 mortgage loans, representing approximately 93.2% of the aggregate principal balance of the pool of mortgage loans. As of the cut-off date, loan group 2 will consist of 20 mortgage loans, representing approximately 6.8% of the aggregate principal balance of the pool of mortgage loans. As of the cut-off date, loan group 2 will include approximately 97.3% of all the mortgaged properties that are multifamily properties. Distribution on the class A-1, class A-2, class A-3, class A-AB and class A-4 certificates will generally be based on payments from loan group 1 and distributions on the class A-1A certificates will generally be based on payments from loan group 2. (4) The class A-MFL certificates will represent interests in a grantor trust, the assets of which will include, among other things, an uncertificated REMIC regular interest designated as the class A-MFL regular interest and an interest rate swap agreement. The class A-JFL certificates will represent interests in a grantor trust, the assets of which will include, among other things, an uncertificated REMIC regular interest designated as the class A-JFL regular interest and an interest rate swap agreement. The class A-MFL certificates and class A-JFL certificates will be entitled to receive payments distributed to the respective regular interest subject to payments under the related swap agreement. (5) Not offered hereby. Any information provided in this term sheet regarding the terms of these certificates is provided only to enhance your understanding of the offered certificates. (6) The class X certificates will not have a certificate balance and their holders will not receive distributions of principal, but these holders are entitled to receive payments of the aggregate interest accrued on the notional amount of the class X certificates as described in the prospectus supplement. The class X notional amount will be equal to the aggregate of the principal amounts of the certificates (other than the class A-MFL, class A-JFL, class X, class R and class LR certificates) and the class A-MFL and class A-JFL regular interests. The interest rate payable on the class X certificates for any distribution date will generally equal the weighted average net interest rate on the pool of mortgage loans over the weighted average pass-through rate of each other class of certificates (other than the class A-MFL, class A-JFL, class X, class R and class LR certificates) and the class A-MFL and class A-JFL regular interests. (7) The pass-through rates of the class A-MFL and class A-JFL certificates are variable. However, if at any time the related swap agreements are terminated, (i) the pass-through rate applicable to the class A-MFL certificates may convert to a fixed rate equal to the pass-through rate of the corresponding class A-MFL regular interest and (ii) the pass through rate applicable to the A-JFL certificates may convert to a fixed rate equal to the pass-through rate of the corresponding A-JFL regular interest. (8) For any distribution date, the pass-through rates on the class A-1, class A-2, class A-3, class A-AB, class A-4, class A-1A, class A-M, class A-J, class B, class C, class D, class E, class F, class G, class H, class J, class K, class L, class M, class N, class O, class P, class Q, and class S certificates and the class A-MFL and the class A-JFL regular interests will equal one of (i) a fixed rate, (ii) the weighted average of the net interest rates on the mortgage loans (in each case, adjusted if necessary to accrue on the basis of a 360-day year consisting of twelve 30-day months) as of their respective due dates in the month preceding the month in which the related distribution date occurs, (iii) a rate equal to the lesser of a specified pass-through rate and the rate specified in clause (ii) or (iv) the rate specified in clause (ii) less a specified percentage. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -2-
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GSMSC 2007-GG10 -------------------------------------------------------------------------------- MORTGAGE POOL CHARACTERISTICS AS OF THE CUT-OFF DATE GENERAL CHARACTERISTICS (1) TOTAL POOL LOAN GROUP 1 (4) LOAN GROUP 2 (5) --------------------------------------------------------- -------------- ---------------- ---------------- Initial mortgage pool balance ........................... $7,644,873,703 $7,126,973,703 $517,900,000 Number of mortgage loans ................................ 206 186 20 Number of mortgaged properties .......................... 357 337 20 Weighted average underwritten debt service coverage ratio (2)(3)................................. 1.31x 1.31x 1.23x Weighted average cut-off date loan-to-value ratio (2) ... 73.7% 73.4% 77.9% Average cut-off date principal balance .................. $ 37,111,037 $ 38,317,063 $ 25,895,000 Weighted average mortgage interest rate(3) .............. 5.820% 5.798% 6.126% Loans with single tenant percentage ..................... 8.7% 9.3% 0.0% (1) All information presented in this term sheet with respect to a mortgage loan with a pari passu companion loan or subordinate companion loan is calculated without regard to the related companion loan, unless otherwise indicated. The loan amount used in this term sheet for purposes of calculating the loan-to-value ratio and debt service coverage ratio for the mortgage loan with a pari passu companion loan is the aggregate principal balance of that mortgage loan and that pari passu companion loan, unless otherwise indicated. Subordinate companion loans, if any, are not included in this calculation. (2) With respect to the Lynnewood Gardens loan, the LTV of 85.2% was calculated using the "as-stabilized" value of $152 million. The LTV for the Lynnewood Gardens loan, as calculated using the "as-is" value of the property $137 million, is 94.5%. With respect to the 119 West 40th Street Loan, the LTV was calculated using the March 2009 expected "as-stabilized" value of $202,000,000. The LTV based on the "as-is" value of $175 million and $30.543 million of reserves is 74.0%. With respect to the Southern Highlands Corporate Center, the LTV of 76.9% was calculated using the "as-stabilized" value of $19.5 million. The LTV for the Southern Highlands Corporate Center loan, as calculated using the "as-is" value of the property $17.6 million, is 85.2%. With respect to the Park Building loan, a cash reserve of $2.9 million and a $2.5 million letter of credit were established at the closing of the mortgage loan as additional security and to pay the monthly debt service until June 2008 when the lease with the largest tenant at the mortgaged property is expected to commence. Monthly payments in the amount of $166,000 will be withdrawn from cash reserve to pay the monthly debt service on the mortgage loan until June 2008, and those payments were counted in the net cash flow from the related mortgaged property upon which the DSCR was calculated. Additional adjustments for the mortgage loans with earnout provisions are described on Annex A to the prospectus supplement. See "Description of the Mortgage Pool--Certain Characteristics of the Mortgage Loans" in the prospectus supplement for a description of the calculation of the loan-to-value ratio. (3) With respect to the 55 Railroad Avenue loan, which has an interest rate that steps up from 5.405% to 5.770% after July 6, 2009, to 5.960% after July 6, 2010, to 6.240% after July 6, 2012 and to 6.910% after July 6, 2013, DSCR and weighted average mortgage interest rates shown herein are calculated assuming the interest rate payable from the closing date of the mortgage loan to July 5, 2009 of 5.405%. The debt service coverage ratio based on the highest interest rate payable under the mortgage loan is 0.92x. (4) Loan Group 1 consists of 185 non-multifamily loans and 1 multifamily loan. (5) Loan Group 2 consists of 20 multifamily loans. TEN LARGEST LOANS CUT-OFF DATE % OF INITIAL PROPERTY LOAN BALANCE CUT-OFF PRINCIPAL MORTGAGE PROPERTY SIZE PER DATE LTV LOAN NAME BALANCE ($) POOL BALANCE TYPE SF/ROOM/UNIT SF/ROOM/UNIT DSCR RATIO (%) ------------------------- -------------- ------------ ----------- ------------ ------------ ----- ----------- Shorenstein Portland Portfolio $ 697,200,000 9.1% Office 3,882,036 $ 180 1.34x 65.6% Wells Fargo Tower 550,000,000 7.2 Office 1,385,325 $ 397 1.18x 78.1% Two California Plaza 470,000,000 6.1 Office 1,329,810 $ 353 1.20x 73.7% TIAA RexCorp New Jersey Portfolio 270,375,000 3.5 Office 1,041,818 $ 260 1.39x 68.6% 400 Atlantic Street 265,000,000 3.5 Office 527,424 $ 502 1.34x 79.1% Two Herald Square 191,250,000 2.5 Other 354,298 $ 540 1.37x 73.6% TIAA RexCorp Plaza 187,250,000 2.4 Office 1,063,950 $ 176 1.20x 69.4% InTown Suites Portfolio A 186,000,000 2.4 Hospitality 4,539 $ 40,978 1.49x 80.3% 550 South Hope Street 165,000,000 2.2 Office 566,434 $ 291 1.28x 70.2% Harbor Point Apartments 160,500,000 2.1 Multifamily 1,283 $125,097 1.15x 77.9% -------------- ---- ----- ------- TOTAL/WTD. AVG $3,142,575,000 41.1% 1.28x 72.8% PROPERTY TYPES AGGREGATE WTD. AVG. NUMBER OF CUT-OFF DATE % OF INITIAL WTD. CUT-OFF MORTGAGED PRINCIPAL MORTGAGE POOL AVG. DATE PROPERTY TYPE PROPERTIES BALANCE ($) BALANCE DSCR LTV RATIO (%) -------------- ---------- -------------- ------------- ----- ------------- Office 114 $4,951,696,386 64.8% 1.29x 72.9% Retail 78 874,157,488 11.4 1.29x 75.6% Hospitality 66 665,536,202 8.7 1.47x 75.3% Multifamily 65 532,535,859 7.0 1.23x 77.8% Other (1) 4 343,210,147 4.5 1.37x 71.5% Industrial 13 105,568,469 1.4 1.31x 72.3% Self-Storage 14 98,450,000 1.3 1.50x 71.4% Mixed Use 3 73,719,152 1.0 1.12x 78.3% --- -------------- ----- ---- ---- TOTAL/WTD. AVG 357 $7,644,873,703 100.0% 1.31x 73.7% (1) Includes two land properties (2.8%), one car dealership property (1.6%) and one marina property (0.2%). PROPERTY LOCATIONS NUMBER OF AGGREGATE CUT-OFF % OF INITIAL WTD. AVG. MORTGAGED DATE PRINCIPAL MORTGAGE POOL WTD. AVG. CUT-OFF PROPERTY LOCATION PROPERTIES BALANCE ($) BALANCE DSCR DATE LTV RATIO (%) -------------------- ---------- ----------------- ------------- --------- ------------------ California 42 $2,189,030,755 28.6% 1.24x 73.7% Oregon 17 707,864,000 9.3 1.34x 65.8% Pennsylvania 72 633,119,202 8.3 1.30x 79.3% New York 7 590,546,305 7.7 1.24x 73.6% Connecticut 7 498,585,000 6.5 1.29x 79.7% New Jersey 10 322,395,000 4.2 1.38x 70.4% Massachusetts 3 205,000,000 2.7 1.17x 77.4% Arizona 9 196,995,600 2.6 1.40x 72.2% District of Columbia 2 195,113,339 2.6 1.29x 65.6% Other (1) 188 2,106,224,502 27.6 1.38x 74.4% --- -------------- ----- ---- ----- TOTAL/WTD. AVG. 357 $7,644,873,703 100.0% 1.31x 73.7% (1) Includes 30 states. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -3-
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GSMSC 2007-GG10 -------------------------------------------------------------------------------- MORTGAGE POOL CHARACTERISTICS AS OF THE CUT-OFF DATE DISTRIBUTION OF CUT-OFF DATE PRINCIPAL BALANCE NUMBER PERCENTAGE OF OF AGGREGATE RANGE OF CUT-OFF DATE MORTGAGE CUT-OFF DATE CUT-OFF DATE BALANCES ($) LOANS BALANCE BALANCE ------------------------- -------- -------------- ------------ 1,310,000 - 4,999,999 35 $ 124,315,506 1.6% 5,000,000 - 9,999,999 50 353,610,708 4.6 10,000,000 - 12,999,999 19 211,207,937 2.8 13,000,000 - 17,999,999 25 383,238,176 5.0 18,000,000 - 22,999,999 14 279,420,720 3.7 23,000,000 - 39,999,999 21 618,702,317 8.1 40,000,000 - 59,999,999 15 741,310,000 9.7 60,000,000 - 69,999,999 2 125,500,000 1.6 70,000,000 - 89,999,999 5 410,650,000 5.4 90,000,000 - 109,999,999 2 196,230,000 2.6 110,000,000 - 129,999,999 4 489,500,000 6.4 130,000,000 - 149,999,999 3 408,613,339 5.3 150,000,000 - 169,999,999 3 485,500,000 6.4 170,000,000 - 199,999,999 3 564,500,000 7.4 200,000,000 - 299,999,999 2 535,375,000 7.0 300,000,000 - 499,999,999 1 470,000,000 6.1 500,000,000 - 697,200,000 2 1,247,200,000 16.3 --- -------------- ----- TOTAL 206 $7,644,873,703 100.0% DISTRIBUTION OF DSCR PERCENTAGE OF AGGREGATE NUMBER OF CUT-OFF MORTGAGE CUT-OFF DATE DATE RANGE OF DSCR (x) LOANS BALANCE BALANCE ----------------- --------- -------------- ------------- 1.10 - 1.14 17 $ 588,596,696 7.7% 1.15 - 1.19 28 1,218,396,600 15.9 1.20 - 1.24 34 1,442,225,957 18.9 1.25 - 1.29 24 770,288,763 10.1 1.30 - 1.34 27 1,495,053,124 19.6 1.35 - 1.39 20 975,783,103 12.8 1.40 - 1.49 28 649,778,821 8.5 1.50 - 1.59 8 96,485,000 1.3 1.60 - 1.79 12 295,846,638 3.9 1.80 - 1.99 3 30,019,001 0.4 2.00 - 2.65 5 82,400,000 1.1 --- -------------- ----- TOTAL 206 $7,644,873,703 100.0% DISTRIBUTION OF AMORTIZATION TYPE PERCENTAGE OF NUMBER OF AGGREGATE MORTGAGE CUT-OFF DATE CUT-OFF AMORTIZATION TYPE LOANS BALANCE DATE BALANCE ------------------- --------- -------------- ------------- Interest Only 119 $6,148,725,339 80.4% Interest Only, Then Amortizing 70 1,237,507,765 16.2 Amortizing 17 258,640,599 3.4 ---- -------------- ----- TOTAL 206 $7,644,873,703 100.0% DISTRIBUTION OF LOCKBOXES PERCENTAGE OF NUMBER OF AGGREGATE MORTGAGE CUT-OFF DATE CUT-OFF LOCKBOX TYPE LOANS BALANCE DATE BALANCE ------------ --------- -------------- ------------- Hard 76 $6,046,441,158 79.1% Soft 20 $ 513,795,011 6.7% DISTRIBUTION OF LTV RATIOS AT CUT-OFF DATE PERCENTAGE OF NUMBER OF AGGREGATE MORTGAGE CUT-OFF DATE CUT-OFF DATE RANGE OF LTV (%) LOANS BALANCE BALANCE ----------------- --------- -------------- ------------- 43.90 - 50.00 2 $ 43,400,000 0.6% 50.01 - 60.00 12 166,337,541 2.2 60.01 - 65.00 10 266,642,930 3.5 65.01 - 70.00 28 1,795,902,971 23.5 70.01 - 75.00 39 1,389,357,520 18.2 75.01 - 80.00 104 3,399,641,740 44.5 80.01 - 85.20 11 583,591,000 7.6 --- -------------- ----- TOTAL 206 $7,644,873,703 100.0% DISTRIBUTION OF MORTGAGE INTEREST RATE (%) PERCENTAGE OF NUMBER OF AGGREGATE RANGE OF MORTGAGE MORTGAGE CUT-OFF DATE CUT-OFF DATE RATES (%) LOANS BALANCE BALANCE ----------------- --------- -------------- ------------- 5.330% - 5.500% 14 $ 920,630,000 12.0% 5.501% - 5.750% 80 3,487,144,563 45.6 5.751% - 6.000% 68 1,674,837,076 21.9 6.001% - 6.250% 28 1,032,417,680 13.5 6.251% - 6.500% 6 105,314,384 1.4 6.501% - 6.750% 5 218,200,000 2.9 6.751% - 7.000% 2 53,100,000 0.7 7.001% - 7.250% 1 12,000,000 0.2 7.251% - 7.939% 2 141,230,000 1.8 --- -------------- ----- TOTAL 206 $7,644,873,703 100.0% DISTRIBUTION OF ORIGINAL TERMS TO MATURITY PERCENTAGE OF NUMBER OF AGGREGATE RANGE OF ORIGINAL MORTGAGE CUT-OFF DATE CUT-OFF TERMS TO MATURITY (MOS) LOANS BALANCE DATE BALANCE ----------------------- --------- -------------- ------------- 60 - 60 26 $ 804,337,460 10.5% 61 - 119 14 610,371,442 8.0 120 - 120 163 6,194,164,801 81.0 121 - 132 3 36,000,000 0.5 --- -------------- ----- TOTAL 206 $7,644,873,703 100.0% DISTRIBUTION OF REMAINING TERMS TO MATURITY PERCENTAGE OF NUMBER OF AGGREGATE RANGE OF REMAINING MORTGAGE CUT-OFF DATE CUT-OFF TERMS TO MATURITY (MOS) LOANS BALANCE DATE BALANCE ------------------------ --------- -------------- ------------- 52 - 60 26 $ 804,337,460 10.5% 61 - 110 10 276,571,442 3.6 111 - 115 20 874,473,841 11.4 116 - 116 24 345,233,949 4.5 117 - 117 40 2,099,684,417 27.5 118 - 118 42 1,422,122,688 18.6 119 - 130 44 1,822,449,905 23.8 ---- -------------- ----- TOTAL 206 $7,644,873,703 100.0% DISTRIBUTION OF REMAINING AMORTIZATION TERMS PERCENTAGE OF NUMBER OF AGGREGATE RANGE OF REMAINING MORTGAGE CUT-OFF DATE CUT-OFF AMORTIZATION TERMS (MOS) LOANS BALANCE DATE BALANCE ------------------------ --------- -------------- ------------- Interest Only (1) 119 $6,148,725,339 80.4% 296 - 299 4 48,013,673 0.6 300 - 359 10 82,610,542 1.1 360 - 360 70 1,080,307,765 14.1 361 - 659 3 285,216,384 3.7 --- -------------- ----- TOTAL 206 $7,644,873,703 100.0% (1) With respect to Pavilion at Lansdale loan, $30 million of the principal balance of the mortgage loan is interest-only until maturity while $2 million of the principal balance of the mortgage loan provides for monthly payments of principal based on a 360 month amortization schedule. DISTRIBUTION OF PREPAYMENT PROVISIONS PERCENTAGE OF NUMBER OF AGGREGATE MORTGAGE CUT-OFF DATE CUT-OFF PREPAYMENT PROVISIONS LOANS BALANCE DATE BALANCE --------------------- --------- -------------- ------------- Defeasance 172 $5,638,244,411 73.8% Defeasance or Yield Maintenance 17 1,735,575,000 22.7 Yield Maintenance 17 271,054,292 3.5 --- -------------- ----- TOTAL 206 $7,644,873,703 100.0% DISTRIBUTION OF ESCROW TYPES PERCENTAGE OF NUMBER OF AGGREGATE MORTGAGE CUT-OFF DATE CUT-OFF ESCROW TYPE LOANS BALANCE DATE BALANCE -------------------- --------- -------------- ------------- Real Estate Tax 178 $6,592,053,899 86.2% Insurance 169 $6,415,566,358 83.9% Replacement Reserves 148 $5,748,090,308 75.2% TI/LC (1) 86 $3,778,763,837 62.9% (1) Percentage of total office, retail, industrial and mixed use properties only. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -4-
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GSMSC 2007-GG10 -------------------------------------------------------------------------------- MORTGAGE POOL CHARACTERISTICS AS OF THE CUT-OFF DATE The table below identifies each of the mortgage loans included in the trust that have corresponding companion loans. SUBORDINATE ORIGINAL % OF COMPANION PARI PASSU PRINCIPAL INITIAL ORIGINAL COMPANION COMPANION ORIGINAL ORIGINAL LOAN POOL LOAN ORIGINAL LOAN LOAN WHOLE LOAN WHOLE LOAN MORTGAGE LOAN BALANCE BALANCE BALANCE BALANCE INTEREST RATE LTV DSCR ----------------------------- ------------ ------- ----------- ------------- ------------- ---------- ---------- 550 South Hope Street ....... $165,000,000 2.2% $35,000,000 N/A 6.3103% 85.1% 1.03x Disney Building ............. $135,000,000 1.8% $10,000,000 N/A 5.8970% 81.5% 1.17x Franklin Mills .............. $116,000,000 1.5% N/A $174,000,000 5.6500% 78.4% 1.22x Maguire Anaheim Portfolio ... $103,500,000 1.4% $ 6,500,000 N/A 9.0344% 70.6% 1.06x 1125 17th Street ............ $ 85,000,000 1.1% $15,000,000 N/A 5.9870% 79.4% 1.48x Crescent .................... $ 73,100,000 1.0% $ 7,900,000 N/A 5.9920% 86.8% 1.01x The Wharf at Rivertown ...... $ 55,200,000 0.7% $10,350,000 N/A 6.2460% 95.7% 1.09x Lakeside at White Oak ....... $ 43,200,000 0.6% $ 5,000,000 N/A 6.6900% 83.7% 1.10x Bingham Office Center ....... $ 35,000,000 0.5% $10,000,000 N/A 5.9100% 79.1% 1.13x Commonwealth Square ......... $ 31,680,000 0.4% $ 1,510,000 N/A 5.9930% 83.8% 1.15x Green Road .................. $ 31,189,427 0.4% $ 8,810,573 N/A 2.4087% 80.0% 1.15x Crown Pointe Victor Road .... $ 21,910,573 0.3% $ 6,189,427 N/A 2.4919% 80.0% 1.15x 9th Street Marketplace ...... $ 10,720,000 0.1% $ 840,000 N/A 6.0500% 86.3% 1.26x Homewood Suites ............. $ 10,500,000 0.1% $ 3,000,000 N/A 5.7100% 79.4% 1.56x Festival Foods .............. $ 6,712,000 0.1% $ 455,000 N/A 13.2500% 78.8% 1.10x JMS Portfolio ............... $ 6,440,000 0.1% $ 402,500 N/A 12.7500% 85.0% 1.08x Berkshire Office Building ... $ 4,800,000 0.1% $ 300,000 N/A 13.2500% 72.9% 1.28x The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -5-
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GSMSC 2007-GG10 -------------------------------------------------------------------------------- MORTGAGE POOL CHARACTERISTICS AS OF THE CUT-OFF DATE MORTGAGE POOL PREPAYMENT PROFILE TOTAL POOL (1) PREPAYMENT JULY JULY JULY JULY JULY JULY JULY RESTRICTIONS 2007 2008 2009 2010 2011 2012 2013 ---------------------------------- -------- -------- -------- -------- -------- -------- -------- Locked out / Defeasance 81.28% 80.17% 73.86% 73.07% 72.94% 73.16% 73.24% YM (2) 18.72% 19.83% 26.14% 25.82% 25.08% 26.56% 26.33% Open 0.00% 0.00% 0.00% 1.11% 1.98% 0.28% 0.43% -------- -------- -------- -------- -------- -------- -------- TOTAL (3) 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Balance of Mortgage Loans ($mm) 7,644.87 7,642.85 7,640.50 7,636.61 7,630.16 6,819.65 6,785.29 % OF CUT-OFF BALANCE 100.00% 99.97% 99.94% 99.89% 99.81% 89.21% 88.76% PREPAYMENT JULY JULY JULY JULY JULY RESTRICTIONS 2014 2015 2016 2017 2018 ---------------------------------- -------- -------- -------- ------- ----- Locked out / Defeasance 73.13% 73.11% 73.09% 100.00% 0.00% YM (2) 26.87% 26.89% 26.91% 0.00% 0.00% Open 0.00% 0.00% 0.00% 0.00% 0.00% -------- -------- -------- ------ ---- TOTAL (3) 100.00% 100.00% 100.00% 100.00% 0.00% Balance of Mortgage Loans ($mm) 6,512.49 6,494.28 6,475.02 14.00 0.00 % OF CUT-OFF BALANCE 85.19% 84.95% 84.70% 0.18% 0.00% (1) Table calculated using modeling assumptions as described in the prospectus supplement. (2) Includes YM, choice of YM or Defeasance, Greater of YM or a fixed percentage. (3) Differences in totals may exist due to rounding. LOAN GROUP 1 (1) PREPAYMENT JULY JULY JULY JULY JULY JULY JULY RESTRICTIONS 2007 2008 2009 2010 2011 2012 2013 ---------------------------------- -------- -------- -------- -------- -------- -------- -------- Locked out / Defeasance 79.92% 78.73% 72.57% 71.72% 71.58% 72.01% 71.87% YM (2) 20.08% 21.27% 27.43% 27.09% 26.30% 27.99% 27.66% Open 0.00% 0.00% 0.00% 1.19% 2.12% 0.00% 0.47% -------- -------- -------- -------- -------- -------- -------- TOTAL (3) 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Balance of Mortgage Loans ($mm) 7,126.97 7,124.95 7,122.60 7,118.73 7,113.02 6,318.07 6,304.52 % OF CUT-OFF BALANCE 100.00% 99.97% 99.94% 99.88% 99.80% 88.65% 88.46% PREPAYMENT JULY JULY JULY JULY JULY RESTRICTIONS 2014 2015 2016 2017 2018 ---------------------------------- -------- -------- -------- ------ ---- Locked out / Defeasance 71.74% 71.72% 71.69% 100.00% 0.00% YM (2) 28.26% 28.28% 28.31% 0.00% 0.00% Open 0.00% 0.00% 0.00% 0.00% 0.00% -------- -------- -------- ------ ---- TOTAL (3) 100.00% 100.00% 100.00% 100.00% 0.00% Balance of Mortgage Loans ($mm) 6,043.43 6,027.05 6,009.71 14.00 0.00 % OF CUT-OFF BALANCE 84.80% 84.57% 84.32% 0.20% 0.00% (1) Table calculated using modeling assumptions as described in the prospectus supplement. (2) Includes YM, choice of YM or Defeasance, Greater of YM or a fixed percentage. (3) Differences in totals may exist due to rounding. LOAN GROUP 2 (1) PREPAYMENT JULY JULY JULY JULY JULY JULY JULY RESTRICTIONS 2007 2008 2009 2010 2011 2012 2013 ---------------------------------- ------ ------ ------ ------ ------ ------ ------ Locked out / Defeasance 100.00% 100.00% 91.66% 91.66% 91.65% 87.60% 91.14% YM (2) 0.00% 0.00% 8.34% 8.34% 8.35% 8.58% 8.86% Open 0.00% 0.00% 0.00% 0.00% 0.00% 3.83% 0.00% ------ ------ ------ ------ ------ ------ ------ TOTAL (3) 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Balance of Mortgage Loans ($mm) 517.90 517.90 517.90 517.89 517.14 501.59 480.78 % OF CUT-OFF BALANCE 100.00% 100.00% 100.00% 100.00% 99.85% 96.85% 92.83% PREPAYMENT JULY JULY JULY JULY RESTRICTIONS 2014 2015 2016 2017 ---------------------------------- ------ ------ ------ ---- Locked out / Defeasance 91.02% 91.09% 91.17% 0.00% YM (2) 8.98% 8.91% 8.83% 0.00% Open 0.00% 0.00% 0.00% 0.00% ------ ------ ------ ---- TOTAL (3) 100.00% 100.00% 100.00% 0.00% Balance of Mortgage Loans ($mm) 469.06 467.22 465.31 0.00 % OF CUT-OFF BALANCE 90.57% 90.21% 89.84% 0.00% (1) Table calculated using modeling assumptions as described in the prospectus supplement. (2) Includes YM, choice of YM or Defeasance, Greater of YM or a fixed percentage. (3) Differences in totals may exist due to rounding. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -6-
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GSMSC 2007-GG10 -------------------------------------------------------------------------------- TRANSACTION TERMS ISSUE TYPE Sequential Pay REMIC. The certificates other than the class X, class R and class LR certificates are referred to in this free writing prospectus as the "Sequential Pay Certificates". CUT-OFF DATE With respect to each mortgage loan, the later of the due date in July 2007 for that mortgage loan or the date of origination of that mortgage loan. All mortgage loan characteristics are based on balances as of the cut-off date after application of all payments due on or before such date (whether or not received). All percentages presented in this term sheet are approximate. MORTGAGE POOL The mortgage pool consists of 206 mortgage loans with an aggregate cut-off date balance of $7,644,873,703, subject to a variance of +/- 5%. The mortgage loans are secured by 357 mortgaged real properties located throughout 38 states and the District of Columbia. Loan Group 1 is comprised of 186 loans and Loan Group 2 is comprised of 20 loans. ISSUING ENTITY GS Mortgage Securities Trust 2007-GG10 DEPOSITOR GS Mortgage Securities Corporation II SPONSORS Greenwich Capital Financial Products, Inc. and Goldman Sachs Mortgage Company UNDERWRITERS Greenwich Capital Markets, Inc. and Goldman, Sachs & Co., as Co-Lead Bookrunning Managers Bear, Stearns & Co. Inc., Merrill Lynch & Co., Morgan Stanley & Co. Incorporated and Wachovia Capital Markets, LLC, as Co-Managers TRUSTEE Wells Fargo Bank, N. A. MORTGAGE LOAN SELLERS Greenwich Capital Financial Products, Inc., Goldman Sachs Mortgage Company, Lehman Brothers Holdings Inc., and Wachovia Bank, National Association MASTER SERVICER Wachovia Bank, National Association SPECIAL SERVICER CWCapital Asset Management LLC RATING AGENCIES Fitch, Inc., Moody's Investors Services, Inc. and Standard & Poor's Rating Services, a division of The McGraw-Hill Companies, Inc. DENOMINATIONS $10,000 minimum for the offered certificates. CLOSING DATE On or about July 10, 2007 SETTLEMENT TERMS Book-entry through DTC for all offered certificates. DETERMINATION DATE The sixth day of each month, or if such sixth day is not a business day, the next business day. DISTRIBUTION DATE The tenth day of each month, or if any tenth day is not a business day, the next business day, provided that the distribution date will be at least four business days following the determination date. DISTRIBUTIONS Each class of offered certificates will be entitled on each distribution date to interest accrued at its pass-through rate for that distribution date on the outstanding certificate balance of the class during the prior calendar month, subject to reduction in limited circumstances due to prepayment interest shortfalls. Interest on the offered certificates will be calculated on the basis of twelve 30-day months and a 360-day year. Generally, the interest from the Available Distribution Amount related to Loan Group 1 will be used to pay interest to class A-1, class A-2, class A-3, class A-AB and class A-4, pro rata, until paid in full. Generally, the interest from the Available Distribution Amount related to Loan Group 2 will be used to pay interest to the class A-1A until paid in full. Generally, any remaining Available Distribution Amount will be used to pay interest to class X, until paid in full. If any of the above Available Distribution Amounts are not sufficient to pay interest on class A-1, class A-2, class A-3, class A-AB, class A-4, class A-1A and class X, then the entire Available Distribution Amount will be used to pay interest pro rata to those certificates. After the class A-1, class A-2, class A-3, class A-AB, class A-4, class A-1A and class X certificates are paid all amounts to which they are entitled, interest from the Available Distribution Amount will be used to pay interest to the class A-M through class S certificates (in the case of the class A-MFL certificates, through the class A-MFL regular interest and in the case of the class A-JFL certificates, through the class A-JFL regular interest) in sequential order, provided that allocations of interest distributions between the class A-M certificates and the class A-MFL regular interest will be made concurrently on a pro rata basis and allocation of interest distributions between the class A-J certificates and the class A-JFL regular interest will be made concurrently on a pro rata basis. Generally, the Available Distribution Amount related to Loan Group 1 will be used to pay principal to the class A-1, class A-2, class A-3, class A-AB and class A-4 certificates as follows: (1) to class A-AB the amount necessary to reduce the aggregate certificate balance of the class A-AB certificates to the class A-AB planned principal balance; (2) to class A-1, until paid in full, all amounts of Available Distribution Amount remaining after the distributions pursuant to clause (1); The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -7-
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GSMSC 2007-GG10 -------------------------------------------------------------------------------- TRANSACTION TERMS (3) to class A-2, until paid in full, all amounts of Available Distribution Amount remaining after the distributions pursuant to clauses (1) and (2); (4) to class A-3, until paid in full, all amounts of Available Distribution Amount remaining after the distributions pursuant to clauses (1), (2) and (3); (5) to class A-AB, until paid in full, all amounts of Available Distribution Amount remaining after the distributions pursuant to clauses (1), (2), (3) and (4); and (6) to class A-4, until paid in full, all amounts of Available Distribution Amount remaining after the distributions pursuant to clauses (1), (2), (3), (4) and (5). After class A-1, A-2, A-3, A-AB and A-4 are paid all amounts to which they are entitled, the remaining Available Distribution Amount related to Loan Group 1 will be used to pay principal to class A-1A until paid in full. Generally, the Available Distribution Amount related to Loan Group 2 will be used to pay principal to the class A-1A until paid in full, then to pay principal to the class A-1, A-2, A-3, A-AB and A-4 in the same manner as principal distributions are made to those classes with respect to amounts related to Loan Group 1 as discussed above, until paid in full. After class A-1, A-2, A-3, A-AB, A-4 and A-1A are paid all amounts to which they are entitled, the remaining Available Distribution Amount related to both Loan Groups will be used to pay interest and principal to the class A-M certificates and the class A-MFL regular interest on a pro rata basis until the principal balance thereof is reduced to zero, and then to the class A-J certificates and the class A-JFL regular interest on a pro rata basis until the principal balance thereof is reduced to zero, and then to class B, C, D, E, F, G, H, J, K, L, M, N, O, P, Q and S certificates sequentially until the certificate balance of each class is reduced to zero. Notwithstanding the foregoing, on and after the date the certificate balances of the class A-M, A-J, B, C, D, E, F, G, H, J, K, L, M, N, O, P, Q and S certificates and class A-MFL and Class A-JFL regular interests have been reduced to zero, principal will be paid pro rata based on their certificate balances to class A-1, A-2, A-3, A-AB, A-4 and A-1A without regard to loan groups. LOSSES Realized Losses and Additional Trust Fund Expenses, if any, will be allocated to the class S, class Q, class P, class O, class N, class M, class L, class K, class J, class H, class G, class F, class E, class D, class C, class B, in that order, and then to class A-J certificates and class A-JFL certificates (through the class A-JFL regular interest) on a pro rata basis, and then to class A-M certificates and class A-MFL certificates (through the class A-MFL regular interest), on a pro rata basis, and then, pro rata, to the class A-1, class A-2, class A-3, class A-AB, class A-4 and class A-1A certificates (without regard to the class A-AB planned principal balance and without regard to loan groups). PREPAYMENT PREMIUMS AND Any prepayment premiums or yield maintenance charges YIELD MAINTENANCE CHARGES collected will be distributed to certificateholders on the distribution date following the prepayment. On each distribution date, the holders of any class of offered certificates and class G, class H, class J and class K certificates and the class A-MFL regular interest and the class A-JFL regular interest that are then entitled to principal distributions will be entitled to a portion of prepayment premiums or yield maintenance charges equal to the product of (a) the amount of the prepayment premiums or yield maintenance charges net of workout fees and liquidation fees, multiplied by (b) a fraction, the numerator of which is equal to the excess, if any, of the pass-through rate for that class of certificates over the relevant discount rate, and the denominator of which is equal to the excess, if any, of the mortgage interest rate of the prepaid mortgage loan over the relevant discount rate, multiplied by (c) (A) with respect to any class A-1, class A-2, class A-3, class A-AB, class A-4 and class A-1A certificates, a fraction, the numerator of which is equal to the amount of principal payable to that class of certificates on that payment date from the group of which that mortgage loan is a part on that payment date, and the denominator of which is the Total Principal Payment Amount from the group of which that mortgage loan is a part on that payment date, and (B) with respect to any class A-M certificates, the class A-MFL regular interest, any class A-J certificates, the class A-JFL regular interest and any class B, class C, class D, class E, class F, class G, class H, class J and class K certificates, a fraction, the numerator of which is equal to the amount of principal payable to that class of certificates or regular interest, as applicable, on that payment date, and the denominator of which is the total principal payment amount for that payment date. Any prepayment premiums and yield maintenance charges distributed to the class A-MFL regular interest and the class A-JFL regular interest will be deposited into the related floating rate account and will be distributed to the swap counterparty for so long as the swap agreement is in effect and there is no continuing payment default thereunder on the part of the swap counterparty. The portion, if any, of the prepayment premiums or yield maintenance charges remaining after any payments described above will be distributed 100% to the holders of the class X certificates. ADVANCES The master servicer and, if it fails to do so, the trustee, will be obligated to make P&I advances and servicing advances, including paying delinquent property taxes and insurance premiums, but only to the extent that those advances are not deemed non-recoverable and, in the case of P&I advances, subject to any appraisal reductions that may occur. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -8-
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GSMSC 2007-GG10 -------------------------------------------------------------------------------- TRANSACTION TERMS APPRAISAL REDUCTIONS An appraisal reduction generally will be created in the amount, if any, by which the principal balance of a required appraisal loan (plus other amounts overdue or advanced in connection with such loan) exceeds 90% of the appraised value of the related mortgaged property plus certain escrows and reserves (including letters of credit) held with respect to the mortgage loan. As a result of calculating an appraisal reduction amount for a given mortgage loan, the interest portion of any P&I advance for such loan will be reduced, which will have the effect of reducing the amount of interest available for distribution to the certificates in reverse alphabetical order of the classes. A required appraisal loan will cease to be a required appraisal loan when the related mortgage loan has been brought current for at least three consecutive months and no other circumstances exist, which would cause such mortgage loan to be a required appraisal loan. OPTIONAL TERMINATION The master servicer, the special servicer and certain certificateholders will have the option to terminate the trust, in whole but not in part, and purchase the remaining assets of the trust on or after the payment date on which the stated principal balance of the mortgage loans then outstanding is less than 1.0% of the initial mortgage pool balance. The purchase price will generally be at a price equal to the unpaid aggregate principal balance of the mortgage loans (or fair market value in the case of REO Properties), plus accrued and unpaid interest and certain other additional trust fund expenses, as described in the prospectus supplement. In addition, after the certificate balance of each of the class A-1, class A-2, class A-3, class A-AB, class A-4, class A-1A, class A-M, class A-MFL, class A-J, class A-JFL, class B, class C, class D, class E, class F and class G certificates has been reduced to zero, the trust may also be terminated, subject to the consent of the master servicer (in its sole discretion), if all of the remaining series 2007-GG10 certificates (excluding class R and class LR) are held by a single certificateholder, and that certificateholder exchanges all of the then outstanding series 2007-GG10 certificates (excluding class R and class LR) for the mortgage loans remaining in the trust. CONTROLLING CLASS The class of Sequential Pay Certificates (a) which bears the latest alphabetical class designation and (b) which has a certificate balance greater than 25% of its original certificate balance; provided, however, that if no class of Sequential Pay Certificates satisfies clause (b) above, the controlling class will be the outstanding class of Sequential Pay Certificates bearing the latest alphabetical class designation; provided, further, with respect to certain issues related to the mortgage loans that are part of a split structure, the holder of the majority interest of the related subordinated or pari passu companion loan may have certain consultation or approval rights with respect to servicing matters, as described in the prospectus supplement. TENANTS References in this term sheet to the rating of a tenant may refer to the rating of a parent of the actual tenant and the rated entity may not be an actual party to that lease. The rated parent may not guarantee the lease. ERISA The offered certificates are expected to be ERISA eligible. SMMEA The class A-1, class A-2, class A-3, class A-AB, class A-4, class A-1A, class A-M, class A-MFL, class A-J, class A-JFL, class B, class C and class D certificates are expected to be "mortgage-related securities" for the purposes of SMMEA so long as they remain rated in one of the two highest rating categories by a nationally recognized statistical rating organization. None of the offered certificates or the mortgage loans included in the trust which back the certificates is insured or guaranteed by any governmental agency or instrumentality or by any private mortgage insurer or by The Royal Bank of Scotland plc, the depositor, the underwriters, the mortgage loan sellers, the master servicer, the special servicer, or any other party. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -9-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - SHORENSTEIN PORTLAND PORTFOLIO [FIVE (5) PHOTOS OF SHORENSTEIN PORTLAND PORTFOLIO PROPERTIES OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -10-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - SHORENSTEIN PORTLAND PORTFOLIO [MAP INDICATING THE LOCATIONS OF SHORENSTEIN PORTLAND PORTFOLIO PROPERTIES OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -11-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - SHORENSTEIN PORTLAND PORTFOLIO PROPERTY INFORMATION Number of Mortgaged Real Properties 16 Location (City/State) Various, Oregon Property Type Office Size (sf) 3,882,036 Percentage Leased as of February 28, 2007 94.1% Year Built Various Appraisal Value $1,063,600,000 Underwritten Occupancy 95.3% Underwritten Revenues $92,563,972 Underwritten Total Expenses $33,954,677 Underwritten Net Operating Income (NOI) $58,609,295 Underwritten In Place Cash Flow (IPCF) (1) $49,431,094 Underwritten Net Cash Flow (NCF) (2) $52,863,207 MORTGAGE LOAN INFORMATION Originator GSCMC Cut-off Date Principal Balance $697,200,000 Cut-off Date Principal Balance PSF $179.60 Percentage of Initial Mortgage Pool Balance 9.1% Number of Mortgage Loans 1 Type of Security Fee Simple and Leasehold Mortgage Rate 5.560% Original Term to Maturity (Months) 120 Original Amortization Term (Months) None Cut-off Date LTV Ratio 65.6% LTV Ratio at Maturity 65.6% Underwritten DSCR on NOI 1.49x Underwritten DSCR on IPCF (1) 1.25x Underwritten DSCR on NCF (2) 1.34x ---------- (1) IPCF is the loan seller's Underwritten NCF, adjusted for in place leases and expenses and contractual rent steps through April 2008, but giving no credit to rental growth expected to occur in future years or upon stabilization. (2) NCF is loan seller's NCF, giving credit to contractual rent steps through the end of the lease term and occupancy of 95.3%. There can be no assurance that the property will ever attain or exceed the stated NCF. o THE LOAN. The mortgage loan (the "SHORENSTEIN PORTLAND PORTFOLIO LOAN") is evidenced by a single note and is secured by first mortgages encumbering 16 office properties all located in the greater Portland, Oregon area (the "SHORENSTEIN PORTLAND PORTFOLIO PROPERTIES"). The Shorenstein Portland Portfolio Loan was originated on March 27, 2007 by Goldman Sachs Commercial Mortgage Capital, L.P. and was subsequently purchased by Goldman Sachs Mortgage Company. The Shorenstein Portland Portfolio Loan represents approximately 9.1% of the initial mortgage pool balance, had an original principal balance and has an outstanding principal balance as of the cut-off date of $697,200,000 and an interest rate of 5.560%. The proceeds from the Shorenstein Portland Portfolio Loan were used to acquire the Shorenstein Portland Portfolio Properties. The Shorenstein Portland Portfolio Loan had an initial term of 120 months, has a remaining term of 117 months and requires payments of interest only through maturity. The scheduled maturity date is the payment date in April 2017. Voluntary prepayment of the Shorenstein Portland Portfolio Loan is prohibited until the payment date in January 2017. Defeasance with direct, non-callable obligations of the United States of America is permitted at any time after the second anniversary of the securitization closing date. o THE PROPERTIES. The Shorenstein Portland Portfolio Properties consist of 16 office properties in the Greater Portland, Oregon area totaling 3,882,036 rentable SF contained in 46 individual buildings. The borrower purchased the Shorenstein Portland Portfolio Properties from The Blackstone Group ("BLACKSTONE") in March 2007, shortly after Blackstone's February 2007 acquisition of Equity Office Properties. As of February 28, 2007, the Shorenstein Portland Portfolio Properties were 94.1% occupied in the aggregate with no tenant comprising more than 2.8% of the total rentable SF. The following table presents certain information relating to the Shorenstein Portland Portfolio Properties: ALLOCATED PROPERTY NAME CITY STATE LOAN AMOUNT YEAR BUILT SQUARE FEET OCCUPANCY ------------------------ ----------- ------ ------------ ---------- ----------- --------- Lincoln Center Portland Oregon $125,520,973 1978-1989 728,113 94.9% Kruse Woods Lake Oswego Oregon 87,864,681 1986, 1997 418,774 93.5 Nimbus Corporate Center Beaverton Oregon 76,889,811 1984-1991 685,788 96.3 Congress Center Portland Oregon 53,297,125 1982 365,617 90.0 Kruse Woods V Lake Oswego Oregon 51,917,052 2003 183,347 100.0 Umpqua Bank Plaza Portland Oregon 50,274,107 1974 273,198 95.0 5800 & 6000 Meadows Lake Oswego Oregon 50,208,389 1999-2001 198,976 93.0 River Forum 1 & 2 Portland Oregon 32,201,715 1985, 1989 192,534 96.8 4900 & 5000 Meadows Road Lake Oswego Oregon 28,850,108 1988-1990 144,275 95.2 4949 Meadows Road Lake Oswego Oregon 27,732,906 1997 124,222 94.6 4000 Kruse Way Place Lake Oswego Oregon 26,024,244 1981 141,099 91.7 Kruse Oaks II Lake Oswego Oregon 25,564,219 2006 102,567 69.0 Kruse Oaks I Lake Oswego Oregon 18,729,569 2001 91,690 92.3 Kruse Way Plaza I & II Lake Oswego Oregon 17,349,495 1984-1986 101,486 99.8 4800 Meadows Road Lake Oswego Oregon 13,932,171 1999 74,352 95.9 4004 Kruse Way Place Lake Oswego Oregon 10,843,435 1996 55,998 100.0 ------------ --------- ----- TOTAL / WEIGHTED AVERAGE $697,200,000 3,882,036 94.1% The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -12-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - SHORENSTEIN PORTLAND PORTFOLIO The following table presents certain information relating to the lease rollover schedule at the Shorenstein Portland Portfolio Property: TEN LARGEST TENANTS BASED ON ANNUALIZED UNDERWRITTEN BASE RENT ANNUALIZED % OF TOTAL UNDERWRITTEN ANNUALIZED ANNUALIZED BASE RENT CREDIT RATING TENANT % OF UNDERWRITTEN UNDERWRITTEN ($ PER LEASE TENANT NAME (FITCH/MOODY'S/S&P)(1) NRSF NRSF BASE RENT ($) BASE RENT NRSF) EXPIRATION ----------------------------- ---------------------- --------- ----- ------------- ------------ ------------ ---------- Northwest Evaluation Association NR/NR/NR 108,448 2.8% $ 3,351,036 4.1% $30.90 (3) GSA Portland Bankruptcy Court AAA/Aaa/AAA 59,723 1.5% 1,505,016 1.8% 25.20 9/30/2014 Lime Financial Services NR/NR/NR 48,268 1.2% 1,496,316 1.8% 31.00 10/31/2009 Kaiser Foundation Health Plan A/NR/NR 45,707 1.2% 1,382,628 1.7% 30.25 12/31/2007 Autodesk NR/NR/NR 43,076 1.1% 1,303,056 1.6% 30.25 3/31/2014 Meritage Mortgage Corporation(2) NR/NR/NR 70,697 1.8% 1,263,360 1.5% 17.87 7/31/2010 Umpqua Bank NR/NR/NR 47,651 1.2% 1,112,148 1.4% 23.34 (4) North Pacific Group NR/NR/NR 50,747 1.3% 1,071,768 1.3% 21.12 11/30/2015 UNICRU NR/NR/NR 75,047 1.9% 1,067,172 1.3% 14.22 8/31/2010 Cascade Microtech NR/NR/NR 58,817 1.5% 832,848 1.0% 14.16 12/31/2014 --------- ----- ----------- ----- ------ TEN LARGEST TENANTS 608,181 15.7% $14,385,348 17.5% $23.65 Remaining Tenants 3,046,624 78.4% 67,710,264 82.5% 22.22 Vacant 227,231 5.9% 0 0.0% 0.00 --------- ----- ----------- ----- ------ TOTAL ALL TENANTS 3,882,036 100.0% $82,095,612 100.0% $21.15 ---------- (1) Certain ratings are those of the parent company whether or not the parent guarantees the lease. (2) Meritage Mortgage Company was acquired by NetBank in 2004 and NetBank is the guarantor of the lease. Meritage has ceased operations and their space is dark. They have continued to pay the rent and are actively trying to sublet the space. (3) Northwest Evaluation has two leases both within Kruse Woods V. One lease (92,719 SF) expires on 1/30/2011 and the other (15,729 SF) expires on 4/30/2011. (4) Umpqua Bank has two leases both within Umpqua Bank Plaza. One lease (42,348 SF) expires on 11/30/2016 and the other (5,303 SF) expires on 6/30/2009. The following table presents certain information relating to the lease rollover schedule at the Shorenstein Portland Portfolio Properties: LEASE EXPIRATION SCHEDULE(1) % OF TOTAL ANNUALIZED CUMULATIVE ANNUALIZED ANNUALIZED UNDERWRITTEN YEAR ENDING % OF TOTAL OF TOTAL UNDERWRITTEN UNDERWRITTEN BASE RENT DECEMBER 31, EXPIRING NRSF NRSF NRSF BASE RENT ($) BASE RENT ($ PER NRSF) ------------------------ ------------- ---------- ---------- ------------- ------------ ------------ 2007 538,687 13.9% 13.9% $13,038,060 15.9% $24.20 2008 479,731 12.4% 26.2% 10,553,940 12.9% 22.00 2009 658,415 17.0% 43.2% 15,002,604 18.3% 22.79 2010 778,071 20.0% 63.2% 15,525,768 18.9% 19.95 2011 509,453 13.1% 76.4% 12,239,460 14.9% 24.02 2012 254,678 6.6% 82.9% 6,384,036 7.8% 25.07 2013 107,892 2.8% 85.7% 2,447,412 3.0% 22.68 2014 194,913 5.0% 90.7% 4,438,548 5.4% 22.77 2015 61,688 1.6% 92.3% 1,337,088 1.6% 21.68 2016 48,185 1.2% 93.6% 1,041,012 1.3% 21.60 2017 0 0.0% 93.6% 0 0.0% 0.00 2018 & Thereafter 23,092 0.6% 94.1% 87,684 0.1% 3.80 Vacant 227,231 5.9% 100.0% 0 0.0% 0.00 --------- ----- ----------- ----- ------ TOTAL / WEIGHTED AVERAGE 3,882,036 100.0% $82,095,612 100.0% $21.15 ---------- (1) Calculated based on approximate square footage occupied by each tenant. o THE BORROWER. The borrowers are eight Delaware limited liability companies and one Delaware limited partnership, each a single-purpose entity that owns one or more of the Shorenstein Portland Portfolio Properties. Legal counsel to the borrowers delivered a non-consolidation opinion in connection with the origination of the Shorenstein Portland Portfolio Loan. A majority interest in each of the borrowers under the Shorenstein Portland Portfolio Loan is indirectly owned by Shorenstein Realty Investors Eight, L.P., the guarantor of certain non-recourse carve-outs under the Shorenstein Portland Portfolio Loan. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -13-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - SHORENSTEIN PORTLAND PORTFOLIO o ESCROWS. The loan documents provide for monthly escrows of real estate taxes ($1,171,186), insurance ($112,521) and a structural reserve ($0.20 times the aggregate number of rentable SF). During a Shorenstein Portland Portfolio Cash Trap Period, the loan documents require additional reserves to cover tenant improvements and leasing commissions at the Shorenstein Portland Portfolio Properties. A "SHORENSTEIN PORTLAND PORTFOLIO CASH TRAP PERIOD" means any period commencing as of the end of any calendar quarter in which the debt service coverage ratio for that calendar quarter for the prior twelve-month period is less than 1.10x and terminating as of the end of any two consecutive calendar quarters in which the debt service coverage ratio of the Shorenstein Portland Portfolio Properties for the prior twelve-month period is at least 1.10x. o LOCKBOX AND CASH MANAGEMENT. The Shorenstein Portland Portfolio Loan requires a hard lockbox, which is already in place. The loan documents require the borrower to direct tenants to pay their rents directly to a lender-controlled lockbox account. The loan documents also require that all cash revenues relating to the property and all other money received by the borrower or the property manager be deposited into the lockbox account within one business day after receipt. On each business day, all funds on deposit in the lockbox account are swept to a cash management account under the control of the lender. Provided no event of default under the Shorenstein Portland Portfolio Loan or Shorenstein Portland Portfolio Cash Trap Period is continuing, all funds in the cash management account in excess of the monthly debt service, any reserves required under the loan documents and all other amounts then due to the lender will be remitted to an account specified by the borrowers on each business day. During the continuance of an event of default under the Shorenstein Portland Portfolio Loan, the lender may apply any funds in the cash management account to the obligations of the borrowers under the Shorenstein Portland Portfolio Loan in such order of priority as the lender may determine. o PROPERTY MANAGEMENT. The Shorenstein Portland Portfolio Properties are currently managed by Shorenstein Realty Services, L.P., an affiliate of the borrowers, pursuant to a management agreement. The property manager of the Shorenstein Portland Portfolio Properties is currently entitled to a base management fee in an amount equal to 3% of revenues from the Shorenstein Portland Portfolio Properties. In addition, under the loan documents, the Shorenstein Portland Portfolio Properties may be managed by a manager other than the current manager, provided that each rating agency has confirmed in writing that management by that manager will not cause the downgrade, withdrawal or qualification of the then current ratings of any class of the series 2007-GG10 certificates. The lender may require the borrowers to replace the property manager if an event of default under the Shorenstein Portland Portfolio Loan has occurred, upon a default by the property manager under the property management agreement, upon an act of fraud, gross negligence or willful misconduct by the property manager or at any time that Walter Shorenstein, his descendants or a related trust property fails to own at least 51% of the property manager. o MEZZANINE OR SUBORDINATE INDEBTEDNESS. Not Permitted o TERRORISM INSURANCE. The loan documents require that the "all risk" insurance policies required to be maintained by the borrowers provide coverage for terrorism in an amount equal to the lesser of the full amount of the Shorenstein Portland Portfolio Loan or the full replacement cost of the Shorenstein Portland Portfolio Properties (as determined by lender in its reasonable discretion) as well as business interruption insurance covering the 12-month period from the occurrence of a casualty. The borrowers must maintain this coverage if it is commercially available, provided that in the event that the Terrorism Risk Insurance Act of 2002 or a similar statute is not in effect, the maximum amount that the borrowers are required to pay in terrorism insurance premiums is an amount equal to two times the current aggregate property insurance premium payable with respect to (or otherwise allocable to) the Shorenstein Portland Portfolio Properties. The borrowers are permitted to maintain such terrorism coverage through a blanket policy. o RELEASE OF COLLATERAL. Provided no event of default is then continuing under the Shorenstein Portland Portfolio Loan, at any time beginning two years from the date of securitization, the borrower may obtain the release of one or more of the Shorenstein Portland Portfolio Properties from the liens of the loan documents, provided that, among other things, (a) the debt service coverage ratio for the 12 months ending immediately prior to release (calculated to give effect to the release) must be equal to or greater than the greater of (x) the debt service coverage ratio at the time of the closing of the Shorenstein Portland Portfolio Loan and (y) the debt service coverage ratio immediately prior to the release, (b) in the case of a release of any of the Shorenstein Portland Portfolio Properties that comprise the group of properties known as the Kruse Oaks Project, such released property must be self-sufficient and not rely on any shared services, common area The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -14-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - SHORENSTEIN PORTLAND PORTFOLIO maintenance or other service or utility arrangements provided by or shared with any other Shorenstein Portland Portfolio Property that comprises the Kruse Oaks Project and (c) each rating agency must confirm in writing that such release will not cause the downgrade, withdrawal or qualification of the then current ratings of any class of the series 2007-GG10 certificates. In addition, the borrower is permitted to adjust the lot line separating two parcels that partially comprise the Kruse Oaks Project, provided that, among other things, the debt service coverage ratio for the 12 months ending on the most recently ended calendar quarter (calculated to give effect to the adjustment) must be equal to or greater than the debt service coverage ratio at the time of the closing of the Shorenstein Portland Portfolio Loan, and the affected property, after giving effect to such lot line adjustment, conforms to all applicable legal requirements. In connection with any release of a Shorenstein Portland Portfolio Property, the borrower is required to defease the Shorenstein Portland Portfolio Loan in an amount equal to the greater of (i) 90% of the net proceeds from the sale or other disposition of the applicable Shorenstein Portland Portfolio Property and (ii) the portion of the Shorenstein Portland Portfolio Loan allocable to such property. o GROUND LEASES. Six of the Shorenstein Portland Portfolio Properties (4949 Meadows, 4900-5000 Meadows, 4800 Meadows, Kruse Oaks I & II, Kruse Woods III and Congress Center) are subject to ground leases. Except for the ground lease relating to the Congress Center parking garage (the appraised value of which is $200,000) that expires in 2013, each of the ground leases has a term that extends at least 30 years beyond the maturity date of the Shorenstein Portland Portfolio Loan (taking into account all freely exercisable extension options) and contains customary mortgagee protection provisions, including notice and cure rights and the right to enter into a new lease with the applicable ground lessor in the event a ground lease is rejected or terminated. Because the Congress Center parking garage ground lease lacks certain conventional mortgagee protection provisions, Shorenstein Realty Investors Eight, L.P. has provided a $5 million guaranty of the borrower's obligations under the loan documents, which becomes effective if (i) the Congress Center parking garage ground lease terminates, (ii) the borrower does not secure replacement parking and grant the lender a security interest in such replacement parking and (iii) the aggregate of the allocated loan amounts for all of the Shorenstein Portland Portfolio Properties owned by the borrower that is lessee under the Congress Center parking garage lease is in excess of 25% of the outstanding principal balance of the Shorenstein Portland Portfolio Loan. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -15-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - WELLS FARGO TOWER [TWO (2) PHOTOS OF WELLS FARGO TOWER OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -16-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - WELLS FARGO TOWER [MAP INDICATING LOCATION OF WELLS FARGO TOWER OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -17-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - WELLS FARGO TOWER PROPERTY INFORMATION Number of Mortgaged Real Properties 1 Location (City/State) Los Angeles, California Property Type Office Size (sf) 1,385,325 Percentage Leased as of January 31, 2007 92.1% Year Built/Year Renovated 1982 / 2007 Appraisal Value $704,000,000 Underwritten Occupancy 94.4% Underwritten Revenues $58,348,192 Underwritten Total Expenses $19,383,918 Underwritten Net Operating Income (NOI) $38,964,274 Underwritten In Place Cash Flow (IPCF) (1) $33,789,932 Underwritten Net Cash Flow (NCF) (2) $37,592,494 MORTGAGE LOAN INFORMATION Originator GCFP/Lehman Cut-off Date Principal Balance $550,000,000 Cut-off Date Principal Balance PSF/Unit $397.02 Percentage of Initial Mortgage Pool Balance 7.2% Number of Mortgage Loans 1 Type of Security Fee Simple Mortgage Rate 5.697% Original Term to Maturity (Months) 120 Original Amortization Term (Months) Interest Only Cut-off Date LTV Ratio 78.1% LTV Ratio at Maturity 78.1% Underwritten DSCR on NOI 1.22x Underwritten DSCR on IPCF (1) 1.07x Underwritten DSCR on NCF (2) 1.18x ---------- (1) IPCF is the loan sellers underwritten NOI, adjusted for in place leases and expenses, but giving no credit to rental growth expected to occur in future years or upon stabilization. (2) NCF is loan seller's NCF, giving credit to rental growth to market levels that is projected to happen in future years based on cash flow models prepared with Argus or other software. There can be no assurance that the property will ever attain or exceed the stated NCF. o THE LOAN. The mortgage loan (the "WELLS FARGO TOWER LOAN") is evidenced by two promissory notes and is secured by a first mortgage encumbering the class-A office building located at 333 South Grand Avenue, Los Angeles, California (the "WELLS FARGO TOWER PROPERTY"). The Wells Fargo Tower Loan was originated on April 4, 2007 by Lehman ALI Inc. and Greenwich Capital Financial Products, Inc. ("GCFP"). One promissory note in the amount of $280,500,000 was originated by Lehman ALI Inc. and the other promissory note in the amount of $269,500,000 was originated by GCFP. The Wells Fargo Tower Loan has an aggregate original principal balance and a principal balance as of the cut-off date of $550,000,000, and an interest rate of 5.697%. The Wells Fargo Tower Loan represents approximately 7.2% of the initial mortgage pool balance. The DSCR and LTV on the Wells Fargo Tower Loan are 1.18x and 78.1%, respectively. The proceeds of the Wells Fargo Tower Loan were used to refinance existing debt. The Wells Fargo Tower Loan has an initial term of 120 months and a remaining term of 117 months. The Wells Fargo Tower Loan is interest-only for the entire term. The scheduled maturity date is April 6, 2017. Voluntary prepayment of the Wells Fargo Tower Loan is permitted at any time. Prepayments made prior to October 6, 2016 must be accompanied with the payment of yield maintenance, and may be made without penalty thereafter. Defeasance with United States government securities or certain other obligations is also permitted from August 6, 2009. o THE PROPERTY. The Wells Fargo Tower Property is a 1,385,325-sf, 53-story, class-A multi-tenant office building with an atrium, a three-level enclosed structure housing several retail tenants, and a five-level subterranean parking garage. The Wells Fargo Tower Property is located in the Bunker Hill submarket of Los Angeles' central business district. Maguire Partners, the predecessor of the sponsor, built the Wells Fargo Tower Property in 1982. The building was designed by Skidmore, Owings & Merrill and sits prominently on the Los Angeles skyline. The Wells Fargo Tower Property has 1,305,620 sf of office space, 64,734 sf of retail space, 14,971 sf of storage space and 2,207 parking spaces. As of January 31, 2007, the Wells Fargo Tower Property was 92.1% leased to approximately 73 tenants. The three largest tenants in the building are Wells Fargo Bank (299,665 sf) with various leases through December 2009, December 2011 and February 2013, Gibson, Dunn & Crutcher (268,269 sf) through December 2017, and OakTree Capital Management (125,052 sf) with various leases through December 2007, December 2009 and March 2017. According to Hoovers Online, Wells Fargo & Co. is the fifth largest bank in the United States as of December 2006. Gibson, Dunn & Crutcher, whose largest office is in the Wells Fargo Tower Property, is listed among the 20 largest law firms in the country according to the Internet Legal Research Group. Oaktree Capital Management is a private equity fund with assets under management of $42.3 billion. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -18-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - WELLS FARGO TOWER The following table presents certain information relating to the major tenants at the Wells Fargo Tower Property: TEN LARGEST TENANTS BASED ON ANNUALIZED UNDERWRITTEN BASE RENT % OF TOTAL ANNUALIZED ANNUALIZED ANNUALIZED UNDERWRITTEN CREDIT RATING TENANT % OF UNDERWRITTEN UNDERWRITTEN BASE RENT TENANT NAME (FITCH/MOODY'S/S&P)(1) NRSF NRSF BASE RENT ($) BASE RENT ($ PER NRSF) LEASE EXPIRATION ----------------------- ----------------------- --------- ----- ------------- ------------ ------------ -------------------------- Gibson, Dunn & Crutcher NR/NR/NR 268,269 19.4% $ 7,435,404 26.5% $27.72 12/31/2017 Wells Fargo Bank AA/Aa1/AA+ 299,665 21.6% 6,029,592 21.5% 20.12 12/31/2009, 12/31/2011 and 2/28/2013 Oaktree Capital Management NR/NR/NR 125,052 9.0% 2,202,048 7.9% 17.61 12/31/2007, 12/31/2009 and 3/31/2017 Winston & Strawn NR/NR/NR 61,246 4.4% 1,231,800 4.4% 20.11 12/31/2008 and 12/31/2012 Dewey Ballantine NR/NR/NR 48,762 3.5% 1,072,764 3.8% 22.00 12/31/2011 --------- ----- ----------- ----- ------ TOTAL LARGEST TENANTS 802,994 58.0% $17,971,608 64.2% $22.38 Remaining Tenants 472,421 34.1% 10,038,855 35.8% 22.38 Vacant Space 109,910 7.9% 0 0.0% 0.00 --------- ----- ----------- ----- ------ TOTAL ALL TENANTS 1,385,325 100.0% $28,010,463 100.0% $21.96 ---------- (1) Certain ratings are those of the parent company whether or not the parent guarantees the lease. The following table presents certain information relating to the lease rollover schedule at the Wells Fargo Tower Property: LEASE EXPIRATION SCHEDULE(1) % OF TOTAL ANNUALIZED CUMULATIVE ANNUALIZED ANNUALIZED UNDERWRITTEN YEAR ENDING % OF TOTAL OF TOTAL UNDERWRITTEN UNDERWRITTEN BASE RENT DECEMBER 31, EXPIRING NRSF NRSF NRSF BASE RENT BASE RENT ($ PER NRSF) ------------------------ ------------- ---------- ---------- ------------ ------------ ------------ 2007 90,357 6.5% 6.5% $ 1,924,609 6.9% $21.30 2008 44,604 3.2% 9.7% 935,028 3.3% 20.96 2009 139,772 10.1% 19.8% 2,734,380 9.8% 19.56 2010 75,013 5.4% 25.2% 1,530,492 5.5% 20.40 2011 132,420 9.6% 34.8% 2,861,341 10.2% 21.61 2012 80,318 5.8% 40.6% 1,634,016 5.8% 20.34 2013 370,683 26.8% 67.4% 7,423,848 26.5% 20.03 2014 8,723 0.6% 68.0% 201,504 0.7% 23.10 2015 9,928 0.7% 68.7% 249,565 0.9% 25.14 2016 0 0.0% 68.7% 0 0.0% 0.00 2017 and thereafter 323,597 23.4% 92.1% 8,515,680 30.4% 26.32 Vacant 109,910 7.9% 100.0% 0 0.0% 0.00 --------- ----- ----------- ----- ------ TOTAL / WEIGHTED AVERAGE 1,385,325 100.0% $28,010,463 100.0% $21.96 ---------- (1) Calculated based on approximate square footage occupied by each tenant. o THE BORROWER. The borrower (the "WELLS FARGO TOWER BORROWER") is North Tower, LLC, a single-asset, special-purpose, bankruptcy-remote Delaware limited liability company with two independent directors. Legal counsel to the Wells Fargo Tower Borrower delivered a non-consolidation opinion in connection with the origination of the Wells Fargo Tower Loan. The sponsor of the Wells Fargo Tower Borrower is Maguire Properties, Inc. ("MPI"), a publicly traded REIT with a market capitalization of $1.6 billion as of May 16, 2007. Robert F. Maguire III, the largest shareholder, chairman of the board and Co-Chief Executive Officer of MPI is an experienced real estate investor. In 1965, Robert F. Maguire III founded MPI's predecessor, Maguire Partners, to own, manage, develop and acquire office properties in the Southern California market. Over its 42-year history, Maguire Partners established a successful record of developing class-A buildings. MPI is one of the largest commercial real estate developers and owners headquartered on the West Coast and one of the nation's largest developers of class-A quality office and mixed-use properties. The company specializes in large, architecturally significant projects, and has developed a number of significant projects in Los Angeles County, including US Bank Tower, Gas Company Tower, and KPMG Tower. MPI's subsidiary, Maguire Properties, L.P. ("MPLP"), guaranteed the non-recourse carveouts of the Wells Fargo Tower Loan. The Wells Fargo Tower Borrower is affiliated with the borrowers under the mortgage loans identified on Annex C-1 to the prospectus supplement as Two California Plaza, 550 South Hope Street, Maguire Anaheim Portfolio, Lincoln Town Center, and 3800 The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -19-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - WELLS FARGO TOWER Chapman, which are also assets of the trust and are located in the Los Angeles and Orange County MSA's. As of June 7, 2007, MPI's aggregate ownership of downtown commercial real estate was 8,210,898 sf or 36.4% of the downtown class A market. o ESCROWS. The Wells Fargo Tower Loan documents provide for certain escrows including real estate taxes and insurance premiums. Tax and Insurance Reserve: The Wells Fargo Tower Borrower is required to make monthly contributions into a tax and insurance reserve account in an amount equal to one-twelfth of the amount the lender estimates will be necessary to pay impositions, such as taxes and insurance premiums, over the then succeeding twelve month period. Leasing Reserve: At closing, the Wells Fargo Tower Borrower deposited $7,018,725 for then outstanding tenant improvements and leasing commissions. In addition, the Wells Fargo Tower Borrower deposited an additional $2,581,275 ($1.86 psf) in lieu of an ongoing reserve for future tenant improvements and leasing commissions at the Wells Fargo Tower Property. As of June 7, 2007, $9,620,673 remained in the account. Capital Expense Reserve: The Wells Fargo Tower Borrower is required to deposit one-twelfth of the amount lender estimates to be due for replacements and repairs required to be made to the Wells Fargo Tower Property during that calendar year for capital expenditure items at the Wells Fargo Tower Property. o LOCKBOX AND CASH MANAGEMENT. The Wells Fargo Tower Loan requires a hard lockbox, which is already in place. The Wells Fargo Tower Loan documents require the Wells Fargo Tower Borrower to direct the tenants to pay their rents directly to a lender-controlled account, and that all rents received by the Wells Fargo Tower Borrower or the property manager be deposited into the lender-controlled account (as well as any other rents, receipts, security deposits or payments related to lease termination or default) within one business day after receipt. Amounts on deposit in the lockbox account are transferred on each business day to another lender-controlled account. On each payment date, any amounts in such lender-controlled account after payment of debt service, operating expenses and reserves are to be returned to the Wells Fargo Tower Borrower until such time that there is an event of default under the Wells Fargo Tower Loan. Upon the occurrence and during the continuance of an event of default, lender may retain any excess amounts as additional collateral or apply any excess amounts to the payment of the debt. o PROPERTY MANAGEMENT. MPLP, an affiliate of the Wells Fargo Tower Borrower, is the property manager for the Wells Fargo Tower Loan. The lender may cause the Wells Fargo Tower Borrower to replace the property manager with a manager approved by lender, subject to the consent of the rating agencies, if (i) an event of default occurs and is not cured, (ii) a bankruptcy of MPLP occurs, (iii) the maturity date has occurred and the Wells Fargo Tower Loan is not repaid, (iv) the DSCR for the immediately preceding 12 month period is less than 1.0x or (v) a material default occurs under the property management agreement beyond any applicable notice or cure period. The Wells Fargo Tower Borrower may not enter into any agreement relating to the management of the Wells Fargo Tower Property with any party without the express written consent of lender and the rating agencies. The management fee is equal to 3.0% of all rent and other income collected from tenants at the Wells Fargo Tower Property. Leasing commissions are payable separately based on a fixed schedule. MPLP contracts out certain services to an affiliated subcontractor pursuant to a services subcontract that is terminable by either party on 30 days' notice. o MEZZANINE OR SUBORDINATE INDEBTEDNESS. There is currently no mezzanine or subordinate indebtedness related to the Wells Fargo Tower Property. The Wells Fargo Tower Loan documents permit MPI, MPLP or any entity holding any direct or indirect interests in MPI or MPLP or any entity owned by MPLP other than the Wells Fargo Tower Borrower and its sole member ("QUALIFIED PLEDGOR"), to pledge their direct or indirect ownership interests in the sole member of the Wells Fargo Tower Borrower to secure (i) a loan facility or loan facilities to one or more Qualified Pledgors from a group of lenders for which a qualified institutional lender acts as agent or collateral agent or will act as initial administrative and collateral agent, and (ii) related hedging arrangements in connection with the loan facility or loan facilities described in clause (i). In either case, such Qualified Pledgor must pledge, directly or indirectly, its or their equity interests in substantially all of the property owning subsidiaries in which MPLP holds a direct or indirect interest, and any enforcement action taken pursuant to such pledge will constitute a transfer under the Wells Fargo Tower Loan documents The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -20-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - WELLS FARGO TOWER and the holder of such pledge will be required to comply with all of the applicable provisions restricting transfers in the Wells Fargo Tower loan documents. o TERRORISM INSURANCE. The Wells Fargo Tower Loan documents require the Wells Fargo Tower Borrower to maintain terrorism insurance. The Wells Fargo Tower Borrower is not required to incur a cost for such terrorism coverage in excess of 150% of all other insurance coverage required pursuant to the Wells Fargo Tower Loan documents (the "TERRORISM INSURANCE CAP") for the immediately preceding annual policy period. The Wells Fargo Tower Property has terrorism coverage as part of its blanket all-risk property coverage. In the event that the annual premium for terrorism coverage in an amount equal to the "FULL REPLACEMENT COST" coverage exceeds the Terrorism Insurance Cap, the Wells Fargo Tower Borrower will be required to maintain as much terrorism coverage as is available for a premium equal to the Terrorism Insurance Cap. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -21-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TWO CALIFORNIA PLAZA [LARGE PHOTO OF TWO CALIFORNIA PLAZA OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -22-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TWO CALIFORNIA PLAZA [TWO (2) MAPS INDICATING LOCATION OF TWO CALIFORNIA PLAZA OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -23-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TWO CALIFORNIA PLAZA PROPERTY INFORMATION Number of Mortgaged Real Properties 1 Location (City/State) Los Angeles, California Property Type Office Size (sf) 1,329,810 Percentage Leased as of March 27, 2007 90.5% Year Built 1992 Appraisal Value $638,000,000 Underwritten Occupancy 89.9% Underwritten Revenues $53,847,418 Underwritten Total Expenses $21,110,399 Underwritten Net Operating Income (NOI) $32,737,019 Underwritten In Place Cash Flow (IPCF) (1) $26,305,654 Underwritten Net Cash Flow (NCF) (2) $31,502,945 MORTGAGE LOAN INFORMATION Originator GCFP Cut-off Date Principal Balance $470,000,000 Cut-off Date Principal Balance PSF/Unit $353.43 Percentage of Initial Mortgage Pool Balance 6.1% Number of Mortgage Loans 1 Type of Security Leasehold Mortgage Rate 5.49968% Original Term to Maturity (Months) 120 Original Amortization Term (Months) Interest Only Cut-off Date LTV Ratio 73.7% LTV Ratio at Maturity 73.7% Underwritten DSCR on NOI 1.25x Underwritten DSCR on IPCF (1) 1.00x Underwritten DSCR on NCF (2) 1.20x ---------- (1) IPCF is the loan sellers underwritten NOI, adjusted for in place leases and expenses, but giving no credit to rental growth expected to occur in future years or upon stabilization. (2) NCF is loan seller's NCF, giving credit to rental growth to market levels that is projected to happen in future years based on cash flow models prepared with Argus or other software. There can be no assurance that the property will ever attain or exceed the stated NCF. o THE LOAN. The mortgage loan (the "TWO CALIFORNIA PLAZA LOAN") is evidenced by a single note and is secured by a first-priority leasehold mortgage encumbering the class-A office building located at 350 South Grand Avenue, Los Angeles, California (the "TWO CALIFORNIA PLAZA PROPERTY"). The Two California Plaza Loan represents approximately 6.1% of the initial mortgage pool balance. The Two California Plaza Loan was originated on April 24, 2007, has an original principal balance and a principal balance as of the cut-off date of $470,000,000, and an interest rate of 5.49968%. The DSCR and LTV on the Two California Plaza Loan are 1.20x and 73.7%, respectively. The proceeds of the Two California Plaza Loan were used by the borrower to acquire the Two California Plaza Property along with 24 other properties for a total portfolio acquisition price of approximately $2.875 billion. The Two California Plaza Loan has an initial term of 120 months and a remaining term of 118 months. The Two California Plaza Loan is interest-only for the entire term. The scheduled maturity date is May 6, 2017. Voluntary prepayment of the Two California Plaza Loan is permitted at any time. Prepayments made prior to February 6, 2017 must be accompanied with the payment of yield maintenance, and may be made without penalty thereafter. Defeasance with United States government securities or certain other obligations is also permitted from August 6, 2009. o THE PROPERTY. The Two California Plaza Property is a 1,329,810-sf, 52-story class-A office building with an atrium, a three-level enclosed structure housing several retail tenants, and a five-level subterranean parking garage. The Two California Plaza Property is located in the Bunker Hill submarket of Los Angeles' central business district. Maguire Partners, the predecessor of the sponsor, built the Two California Plaza Property in 1992. The building was designed by Arthur Erickson and sits prominently on the Los Angeles skyline. The Two California Plaza Property has 1,277,657 sf of office space, 52,153 sf of retail and storage space and 1,225 parking spaces. As of March 27, 2007, the Two California Plaza Property was 90.5% leased to approximately 56 tenants. The three largest tenants in the building are Deloitte & Touche (342,094 sf) through March 2015, Pricewaterhouse Coopers (160,784 sf) through May 2013, and Aames Financial Corp. (151,561 sf) through March 2012. Aames Financial was acquired in 2006 by Accredited Home Lenders (NYSE: LEND), which had a market capitalization of $374 million as of June 7, 2007. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -24-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TWO CALIFORNIA PLAZA The following table presents certain information relating to the major tenants at the Two California Plaza Property: TEN LARGEST TENANTS BASED ON ANNUALIZED UNDERWRITTEN BASE RENT ANNUALIZED % OF TOTAL UNDERWRITTEN ANNUALIZED ANNUALIZED BASE RENT CREDIT RATING TENANT % OF UNDERWRITTEN UNDERWRITTEN ($ PER LEASE TENANT NAME (FITCH/MOODY'S/S&P)(1) NRSF NRSF BASE RENT ($) BASE RENT NRSF) EXPIRATION ---------------------- ---------------------- --------- ----- ------------- ------------ ------------ ---------- Deloitte & Touche NR/NR/NR 342,094 25.7% $ 5,216,904 21.0% $15.25 3/31/2015 Aames Financial Corp. NR/NR/NR 151,561 11.4% 3,423,756 13.8% 22.59 3/31/2012 PricewaterhouseCoopers NR/NR/NR 160,784 12.1% 2,847,048 11.5% 17.71 5/31/2013 Mayer Brown Rowe NR/NR/NR 81,411 6.1% 1,678,992 6.8% 20.62 3/31/2017 --------- ----- ----------- ----- ------ TOTAL LARGEST TENANTS 735,850 55.3% $13,166,700 53.1% $17.89 Remaining Tenants 467,079 35.1% 11,652,708 46.9% 24.95 Vacant Space 126,881 9.5% 0 0.0% 0.00 --------- ----- ----------- ----- ------ TOTAL ALL TENANTS 1,329,810 100.0% $24,819,408 100.0% $20.63 ---------- (1) Certain ratings are those of the parent company whether or not the parent guarantees the lease. The following table presents certain information relating to the lease rollover schedule at the Two California Plaza Property: LEASE EXPIRATION SCHEDULE(1) % OF TOTAL ANNUALIZED CUMULATIVE ANNUALIZED ANNUALIZED UNDERWRITTEN YEAR ENDING % OF TOTAL OF TOTAL UNDERWRITTEN UNDERWRITTEN BASE RENT DECEMBER 31, EXPIRING NRSF NRSF NRSF BASE RENT ($) BASE RENT ($ PER NRSF) ------------------------ ------------- ---------- ---------- ------------- ------------ ------------ 2007 80,900 6.1% 6.1% $ 2,105,712 8.5% $26.03 2008 83,876 6.3% 12.4% 1,857,708 7.5% 22.15 2009 68,305 5.1% 17.5% 1,637,712 6.6% 23.98 2010 17,623 1.3% 18.9% 433,500 1.7% 24.60 2011 59,655 4.5% 23.3% 1,436,616 5.8% 24.08 2012 194,788 14.6% 38.0% 4,274,040 17.2% 21.94 2013 252,097 19.0% 56.9% 5,663,952 22.8% 22.47 2014 26,309 2.0% 58.9% 605,112 2.4% 23.00 2015 342,094 25.7% 84.6% 5,216,904 21.0% 15.25 2016 0 0.0% 84.6% 0 0.0% 0.00 2017 and thereafter 77,282 5.8% 90.5% 1,588,152 6.4% 20.55 Vacant 126,881 9.5% 100.0% 0 0.0% 0.00 --------- ----- ----------- ----- ------ TOTAL / WEIGHTED AVERAGE 1,329,810 100.0% $24,819,408 100.0% $20.63 ---------- (1) Calculated based on approximate square footage occupied by each tenant. o GROUND LEASE. The Two California Plaza Borrower has a leasehold interest in the Two California Plaza Property under a ground lease from the Community Redevelopment Agency of the City of Los Angeles, California that has an expiration date of August 25, 2082. The current annual ground rent payment is $1,950,000. The ground lease generally contains standard mortgagee protection provisions. o THE BORROWER. The borrower (the "TWO CALIFORNIA PLAZA BORROWER") is Maguire Properties-Two Cal Plaza, LLC, a single-asset, special-purpose, bankruptcy-remote Delaware limited liability company with two independent directors. Legal counsel to the Two California Plaza Borrower delivered a non-consolidation opinion in connection with the origination of the Two California Plaza Loan. The sponsor of the Two California Plaza Borrower is Maguire Properties, Inc., ("MPI") a publicly traded REIT with a market capitalization of $1.6 billion as of May 16, 2007. Robert F. Maguire III, the largest shareholder, chairman of the board and Co-Chief Executive Officer of MPI, is an experienced real estate investor. In 1965, Robert F. Maguire III founded MPI's predecessor, Maguire Partners, to own, manage, develop and acquire office properties in the Southern California market. Over its 42-year history, Maguire Partners established a successful record of developing class-A buildings. MPI is one of the largest commercial real estate developers and owners headquartered on the West Coast and one of the nation's largest developers of class-A quality office and mixed-use properties. The company specializes in large, architecturally significant projects, and has developed a number of significant projects in Los Angeles County, including US Bank Tower, Gas Company Tower, and KPMG Tower. MPI's The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -25-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TWO CALIFORNIA PLAZA subsidiary, Maguire Properties, L.P. ("MPLP"), guaranteed the non-recourse carveouts of the Two California Plaza Loan. The Two California Plaza Borrower is affiliated with the borrowers under the mortgage loans identified on Annex C-1 to the prospectus supplement as 550 South Hope Street, Wells Fargo Tower, Maguire Anaheim Portfolio, Lincoln Town Center, and 3800 Chapman, which are also assets of the trust and are located in the Los Angeles and Orange County MSA's. As of June 7, 2007, MPI's aggregate ownership of downtown commercial real estate was 8,210,898 sf or 36.4% of the downtown class-A market. o ESCROWS. The Two California Plaza Loan documents provide for certain escrows including real estate taxes and insurance premiums. Tax and Insurance Reserve: The Two California Plaza Borrower is required to make monthly contributions into a tax and insurance reserve account in an amount equal to one-twelfth of the amount the lender estimates will be necessary to pay impositions, such as taxes and insurance premiums, over the then succeeding twelve month period. Capital Expense Reserve: The Two California Plaza Borrower is required to make monthly contributions into a capital expenditure reserve account in an amount initially equal to $22,164. Leasing Reserve: The Two California Plaza Borrower made an initial deposit of $12,130,000 ($9.12 psf) into a leasing reserve account. In addition, commencing on June 6, 2009, the Two California Plaza Borrower is required to make monthly contributions into the leasing reserve in an amount equal to $110,818 ($1.00 psf). As of June 7, 2007, $12,142,462 remained in the account. Ground Rent Reserve: The Two California Plaza Borrower is required to make monthly contributions into a ground rent reserve account in an amount equal to the amount that lender estimates will be necessary to pay each installment of ground rent which is due prior to the next payment date under the Two California Plaza Loan. Debt Service Reserve: The Two California Plaza Borrower made a deposit of $3,000,000 into a debt service reserve to cover potential shortfalls in the amount of revenue from the Two California Plaza Property available to pay the monthly interest payments required under the Two California Plaza Loan. Any funds remaining on deposit in the debt service reserve will be released to the Two California Plaza Borrower when the lender has determined that the Two California Plaza Property has achieved an actual DSCR of at least 1.10x for two consecutive calendar quarters. As of June 7, 2007, $3,002,465 remained in the account. o LOCKBOX AND CASH MANAGEMENT. The Two California Plaza Loan requires a hard lockbox, which is already in place. The Two California Plaza Loan documents require the Two California Plaza Borrower to direct tenants to pay their rents directly to a lender-controlled account, and that all rents received by the Two California Plaza Borrower or the property manager be deposited into the lender-controlled account (as well as any other rents, receipts, security deposits or payments related to lease termination or default) within one business day of receipt. Amounts on deposit in the lockbox account are swept on a daily basis into the Two California Plaza Borrower's operating account, unless an event of default is continuing or, commencing on December 31, 2009, the actual DSCR is less than 1.05x (each triggering, a "DSCR CASH MANAGEMENT PERIOD"). During a DSCR Cash Management Period, amounts in the lender-controlled account will be swept into another account controlled by lender and applied to the payment of monthly interest payments, operating expenses and any required reserves under the Two California Plaza Loan documents and any excess cash will be held by the lender. In the event that a DSCR Cash Management Period is continuing, the Two California Plaza Borrower may cause the DSCR Cash Management Period to terminate by delivering a letter of credit in an amount equal to the portion of the then-outstanding principal balance of the Two California Plaza Loan, such that an actual DSCR of at least 1.05x would be maintained on the Two California Plaza Loan after repayment of the amount of such letter of credit. At any time during the continuance of an event of default, the lender may apply any amounts in the cash collateral account to the prepayment of the debt with the applicable yield maintenance premium. Additionally, if a DSCR Cash Management Period is continuing for two consecutive calendar quarters, the lender may use the monies in the cash collateral account to prepay the Two California Plaza Loan with the applicable yield maintenance premium. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -26-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TWO CALIFORNIA PLAZA o PROPERTY MANAGEMENT. MPLP, an affiliate of the Two California Plaza Borrower, is the property manager for the Two California Plaza Loan. The lender may cause the Two California Plaza Borrower to replace the property manager with a manager approved by the lender, subject to the consent of the rating agencies, if (i) an event of default occurs and is not cured, (ii) a bankruptcy of MPLP occurs, (iii) the maturity date has occurred and the Two California Plaza Loan is not repaid, (iv) the property manager exhibits gross negligence, malfeasance or willful misconduct or (v) the manager defaults under the property management agreement beyond any applicable notice or cure period. Thereafter, the Two California Plaza Borrower may not enter into any agreement relating to the management of the Two California Plaza Property with any party without the express written consent of lender and, if required, the rating agencies. The management fee is equal to 3.0% of all rent and other income collected from tenants at the Two California Plaza Property. Leasing commissions are payable separately based on a fixed schedule. MPLP contracts out certain services to an affiliated subcontractor pursuant to a services subcontract that is terminable by either party on 30 days' notice. o MEZZANINE OR SUBORDINATE INDEBTEDNESS. There is currently no mezzanine or subordinate indebtedness related to the Two California Plaza Property. The Two California Plaza Loan documents permit MPI, MPLP or any entity holding any direct or indirect interests in MPI or MPLP, to pledge their indirect ownership interests in the Two California Plaza Borrower (but not the foreclosure thereon) to any permitted institutional transferee providing a corporate line of credit or other financing to MPI, MPLP or any entity holding any direct or indirect interests in MPI or MPLP, provided that the indirect interests in the Two California Plaza Borrower that are pledged as collateral comprise no more than 33% of the total value of the collateral for such line of credit or other financing, and provided that (i) no default has occurred and remains uncured and (ii) lender has received payment of, or reimbursement for, all costs and expenses incurred by lender in connection with such pledges (including, but not limited to, reasonable attorneys' fees and costs and expenses of the rating agencies). o TERRORISM INSURANCE. The Two California Plaza Loan documents require the Two California Plaza Borrower to maintain terrorism insurance. The Two California Plaza Property has terrorism coverage as part of its sponsor's blanket "all-risk" property coverage. The Two California Plaza Loan documents provide that if "certified acts of terrorism," as identified by the United States Government, are excluded from Two California Plaza Borrower's comprehensive "all-risk" insurance policy business income coverage, commercial general liability insurance or umbrella liability insurance coverage, the Two California Plaza Borrower is required to obtain an endorsement to such policies, or separate policies, insuring against all such "certified acts of terrorism" ("TERRORISM ACTS"); provided that the Two California Plaza Borrower is not required to spend in excess of an amount equal to 150% of the aggregate amount of all insurance premiums payable for all insurance coverage required under the Two California Plaza Loan with respect to the Two California Plaza Property and all other properties owned by MPLP or its affiliates for the last policy year, adjusted annually by the Consumer Price Index (such amount, the "TERRORISM INSURANCE CAP") for such coverage and, in the event that the coverage is not available at a per annum cost of the Terrorism Insurance Cap, then Two California Plaza Borrower is required to purchase insurance covering Terrorism Acts at the Two California Plaza in an amount equal to the principal balance of the Two California Plaza Loan, but is not required to maintain the full amount of such coverage if such coverage is not available at a per annum cost of the Terrorism Insurance Cap or less, provided that in the event that the Terrorism Insurance Cap is not sufficient to purchase such coverage in an amount equal to the principal balance of the Two California Plaza Loan, then the Two California Plaza Borrower shall obtain the greatest amount of coverage obtainable at a per annum cost of the Terrorism Insurance Cap. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -27-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TIAA REXCORP NEW JERSEY PORTFOLIO [THREE (3) PHOTOS OF TIAA REXCORP NEW JERSEY PORTFOLIO PROPERTIES OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -28-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TIAA REXCORP NEW JERSEY PORTFOLIO [TWO (2) MAPS INDICATING LOCATIONS OF TIAA REXCORP NEW JERSEY PORTFOLIO PROPERTIES OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -29-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TIAA REXCORP NEW JERSEY PORTFOLIO PROPERTY INFORMATION Number of Mortgaged Real Properties 6 Location (City/State) Various, New Jersey Property Type Office Size (sf) 1,041,818 Percent Leased as of February 23, 2007 88.1% Year Built/Year Renovated 1981-2000 / 2003-2006 Appraisal Value $394,100,000 Underwritten Occupancy 92.0% Underwritten Revenues $32,445,470 Underwritten Total Expenses $9,642,131 Underwritten Net Operating Income (NOI) $22,803,339 Underwritten In Place Cash Flow (IPCF) (1) $19,623,786 Underwritten Net Cash Flow (NCF) (2) $21,694,153 MORTGAGE LOAN INFORMATION Originator GCFP Cut-off Date Principal Balance $270,375,000 Cut-off Date Principal Balance PSF/Unit $259.52 Percentage of Initial Mortgage Pool Balance 3.5% Number of Mortgage Loans 1 Type of Security Fee Simple Mortgage Rate 5.661% Original Term to Maturity (Months) 120 Original Amortization Term (Months) Interest Only Cut-off Date LTV Ratio 68.6% LTV Ratio at Maturity 68.6% Underwritten DSCR on NOI 1.47x Underwritten DSCR on IPCF (1) 1.26x Underwritten DSCR on NCF (2) 1.39x ---------- (1) IPCF is the loan sellers underwritten NOI, adjusted for in place leases and expenses, but giving no credit to rental growth expected to occur in future years or upon stabilization. (2) NCF is loan seller's NCF, assuming lease-up of the 1 Giralda Farms property to a 90% market occupancy. There can be no assurance that the property will ever attain or exceed the stated NCF. o THE LOAN. The mortgage loan (the "TIAA REXCORP NEW JERSEY PORTFOLIO LOAN") is evidenced by a single note and is secured by first mortgages encumbering six class-A office buildings located in New Jersey and consisting of 1,034,114 sf (the "TIAA REXCORP NEW JERSEY PROPERTIES"). The TIAA RexCorp New Jersey Portfolio Loan represents approximately 3.5% of the initial mortgage pool balance. The TIAA RexCorp New Jersey Portfolio Loan was originated on January 25, 2007, had an original principal balance and a principal as of the cut-off date of $270,375,000 and has an interest rate of 5.661% per annum. The DSCR and LTV on the TIAA RexCorp New Jersey Portfolio Loan are 1.39x and 68.6%, respectively. The proceeds of the TIAA RexCorp New Jersey Portfolio Loan were used by the borrower to acquire the TIAA RexCorp New Jersey Properties along with 9 other properties for a total portfolio acquisition price of approximately $1.14 billion. o The TIAA RexCorp New Jersey Portfolio Loan had an initial term of 120 months, has a remaining term of 115 months and requires payments of interest only for the entire term. The scheduled maturity date is February 6, 2017. Voluntary prepayment of the TIAA RexCorp New Jersey Portfolio Loan is prohibited prior to the payment date of November 6, 2016 and permitted on such payment date and thereafter without penalty. Defeasance with United States government securities or certain other obligations is permitted from August 6, 2009 (the "TIAA REXCORP NEW JERSEY PORTFOLIO INITIAL DEFEASANCE DATE"). o THE PROPERTIES. The TIAA RexCorp New Jersey Properties consist of six office properties in New Jersey. The following table presents certain information relating to the TIAA RexCorp New Jersey Properties: ALLOCATED PROPERTY NAME CITY STATE LOAN AMOUNT YEAR BUILT SQUARE FEET OCCUPANCY ------------------------ ----------- ---------- ------------ ---------- ----------- --------- 1 Giralda Farms Madison New Jersey $ 54,500,000 1984/2007 155,936 20.2% 3 Giralda Farms Madison New Jersey 38,375,000 1990 141,000 100.0% 7 Giralda Farms Madison New Jersey 56,000,000 2000 203,258 100.0% 101 JFK Parkway Short Hills New Jersey 48,000,000 1981/2003 197,779 100.0% 103 JFK Parkway Short Hills New Jersey 37,500,000 1981/2003 123,000 100.0% 44 Whippany Road Morristown New Jersey 36,000,000 1986 220,845 100.0% ------------ --------- ----- TOTAL / WEIGHTED AVERAGE $270,375,000 1,041,818 88.1% 1 Giralda Farms is a four-story, 155,936 sf class-A office building located in Madison, New Jersey. Constructed in 1984 and situated on a 24.12-acre site, the building has floorplates of approximately 39,000 sf. The property features a granite and reflective glass facade, multi-story atrium, underground and garage parking, and 24-hour security. Amenities include a conference room and health and fitness center. Giralda Farms is a secure 370-acre corporate campus located within two miles of Interstate 287 and Route 24. The campus is located on what was formerly the Geraldine Rockefeller Dodge Estate. The property was originally constructed and occupied by Schering Plough as a single-tenant headquarters building. The TIAA RexCorp New Jersey Portfolio Borrowers are in the process of completing a nearly $15 million dollar renovation of the property that includes repair and expansion of the parking garage to provide total parking of 4 spaces per 1,000 sf, as well as interior improvements including the addition of a cafe, and common area renovations and security The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -30-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TIAA REXCORP NEW JERSEY PORTFOLIO upgrades to reposition the property as a multi-tenant office building. Parking is provided at a ratio of 4.0 spaces per 1,000 sf. The property is 20.2% leased by Edwards Angell Palmer. There are currently no other tenants at the property. A $13.3 million reserve was taken at the closing of the TIAA RexCorp New Jersey Portfolio Loan, which is projected to be sufficient to complete the planned renovations and pay for leasing costs. 3 Giralda Farms is a four-story, 141,000-sf class-A office building located in Madison, New Jersey. Constructed in 1990 and situated on a 21.149-acre site, the building has floorplates of approximately 32,000 sf. The property features a granite and reflective glass facade, floor-to-ceiling glass atrium lobby, underground parking and 24-hour security. Amenities include a stainless steel gourmet cafe, health club and fitness center and a 55-seat auditorium and teleconferencing room. The property is 100% leased by Quest Diagnostics, which leases the building through September 2017. 7 Giralda Farms is a three-story, 203,258-sf class-A office building located in Madison, New Jersey. Constructed in 2000 and situated on a 20-acre site, the building has floorplates of approximately 68,000 sf. The property features a granite and reflective glass facade, two-story atrium lobby with granite, three levels of underground parking and 24-hour security system/card access. Amenities include a gourmet cafe. Tenants at the property include Maersk (115,316 sf) through October 2015; Wyeth (32,041 sf) through June 2012; Atlantic Mutual Insurance (30,769 sf) through April 2011; and Acordia Northeast (25,132 sf), now known as Wells Fargo Insurance Services, through January 2015. 101 JFK Parkway is a six-story, 197,779-sf class-A office building located in Short Hills, New Jersey. Constructed in 1981 and renovated in 2003, the building is situated on a 15-acre site that is shared with 103 JFK Parkway. The property is located adjacent to the Hilton at Short Hills and across from the Mall at Short Hills. The property is located approximately 15 minutes from Newark Liberty International Airport. The building has average floorplates of approximately 34,000 sf. The 2003 renovation encompassed both 101 JFK Parkway and 103 JFK Parkway and had an estimated cost of $7 million. The renovation/repositioning included creating new lobbies as well as a side entrance at 101 JFK Parkway. Amenities at the property include a cafeteria, health club and conferencing center. Both covered and surface parking are provided. Major tenants at the property include Bollinger (69,280 sf) through November 2016; Investors Savings Bank (53,200 sf) through November 2019; and Franklin Mutual Advisors (30,202 sf) through September 2020. 103 JFK Parkway is a four-story, 123,000-sf class-A office building located in Short Hills, New Jersey, adjacent to the 101 JFK Parkway property. Constructed in 1981 and renovated in 2003, the building has an average floor-plate of 34,500 sf. The property is 100% occupied by Dun & Bradstreet Corporation through September 2012. 44 Whippany Road is a three-story, 220,845-sf class-A suburban office building located in Morristown, New Jersey. Constructed in 1986, the average floorplate is 88,000 sf. Amenities at the property include a cafe. Surface parking is provided. The largest tenants at the property are Marsh & McClennan (77,165 sf) through December 2008; The CIT Group (47,304 sf) through October 2007; Schwartz Simon Edelstein Celso (41,384 sf) through October 2021; and One Beacon Insurance Co. (20,153 sf) through August 2010. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -31-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TIAA REXCORP NEW JERSEY PORTFOLIO The following table presents certain information relating to the major tenants at the TIAA RexCorp New Jersey Properties: TEN LARGEST TENANTS BASED ON ANNUALIZED UNDERWRITTEN BASE RENT ANNUALIZED % OF TOTAL UNDERWRITTEN ANNUALIZED ANNUALIZED BASE RENT CREDIT RATING TENANT % OF UNDERWRITTEN UNDERWRITTEN ($ PER LEASE TENANT NAME (FITCH/MOODY'S/S&P)(1) NRSF NRSF BASE RENT ($) BASE RENT NRSF) EXPIRATION ---------------------------- ---------------------- --------- ----- ------------- ------------ ------------ ---------- Dun & Bradstreet Corporation A-/NR/A- 123,000 11.8% $ 4,704,750 16.9% $38.25 9/30/2012 Quest Diagnostics, Inc. NR/Baa3/BBB+ 141,000 13.5% 4,512,000 16.2% 32.00 9/30/2017 Maersk Inc. NR/NR/NR 115,316 11.1% 3,574,796 12.9% 31.00 10/31/2015 Marsh & McLennan Inc. BBB/Baa2/BBB 77,165 7.4% 2,122,037 7.6% 27.50 12/1/2008 Bollinger Inc. NR/NR/NR 69,280 6.6% 2,112,725 7.6% 30.50 11/30/2016 Investors Savings Bank NR/NR/NR 53,200 5.1% 1,558,731 5.6% 29.30 11/30/2019 --------- ----- ----------- ----- ------ TOTAL LARGEST TENANTS 578,961 55.6% $18,585,039 66.8% $32.10 Remaining Tenants 338,412 32.5% 9,225,672 33.2% 27.26 Vacant Space 124,445 11.9% 0 0.0% 0.00 --------- ----- ----------- ----- ------ TOTAL ALL TENANTS 1,041,818 100.0% $27,810,711 100.0% $30.32 ---------- (1) Certain ratings are those of the parent company whether or not the parent guarantees the lease. The following table presents certain information relating to the lease rollover schedule at the TIAA RexCorp New Jersey Properties: LEASE EXPIRATION SCHEDULE(1) % OF TOTAL ANNUALIZED CUMULATIVE ANNUALIZED ANNUALIZED UNDERWRITTEN YEAR ENDING % OF TOTAL OF TOTAL UNDERWRITTEN UNDERWRITTEN BASE RENT DECEMBER 31, EXPIRING NRSF NRSF NRSF BASE RENT BASE RENT ($ PER NRSF) ------------------------ ------------- ---------- ---------- ------------ ------------ ------------ 2007 47,305 4.5% 4.5% $ 977,301 3.5% $20.66 2008 101,614 9.8% 14.3% 2,739,602 9.9% 26.96 2009 4,590 0.4% 14.7% 113,603 0.4% 24.75 2010 20,153 1.9% 16.7% 473,595 1.7% 23.50 2011 30,769 3.0% 19.6% 999,993 3.6% 32.50 2012 155,041 14.9% 34.5% 5,714,042 20.5% 36.86 2013 0 0.0% 34.5% 0 0.0% 0.00 2014 15,279 1.5% 36.0% 481,289 1.7% 31.50 2015 162,559 15.6% 51.6% 4,915,460 17.7% 30.24 2016 69,280 6.6% 58.2% 2,112,725 7.6% 30.50 2017 and thereafter 310,783 29.8% 88.1% 9,283,101 33.4% 29.87 Vacant 124,445 11.9% 100.0% 0 0.0% 0.00 --------- ----- ----------- ----- ------ TOTAL / WEIGHTED AVERAGE 1,041,818 100.0% $27,810,711 100.0% $30.32 ---------- (1) Calculated based on approximate square footage occupied by each tenant. o THE BORROWER. The borrowers (collectively, the "TIAA REXCORP NEW JERSEY BORROWERS") are five single-asset, special-purpose, bankruptcy-remote entities, each with an independent director (there are a total of six properties; one of the TIAA RexCorp New Jersey Borrowers owns two of the properties). Legal counsel to each of the TIAA RexCorp New Jersey Borrowers delivered a non-consolidation opinion in connection with the origination of the TIAA RexCorp New Jersey Portfolio Loan. The sponsor of the TIAA RexCorp New Jersey Borrowers is Tri-State Prime Property Venture LLC ("PRIME") which is the guarantor under the non-recourse carveouts for the TIAA RexCorp New Jersey Portfolio Loan. A subsidiary of Teachers Insurance and Annuity Association - College Retirement Equities Fund ("TIAA-CREF") owns 85% of the TIAA RexCorp New Jersey Properties. TIAA-CREF is an institutional real estate investors, with a global portfolio of direct or indirect investment of approximately $59 billion. Headquartered in New York City, TIAA-CREF has major offices in Charlotte and Denver as well as dozens of smaller offices in communities nationwide. TIAA-CREF is a retirement system, with more than $406 billion in combined assets under management (as of December 30, 2006). RexCorp Realty LLC (an entity established by Scott Rechler, Michael Maturo and Jason Barnett, the former executives of Reckson Associates Realty Corp. and other senior management of Reckson Associates Realty Corp.) and Marathon Real Estate Opportunity Fund ("MARATHON") own a combined 7.5% of the TIAA RexCorp New Jersey Properties. Marathon is an open-ended fund that launched in August 2004. Marathon is co-headed by Jon Halpern and Ron Bernstein and has assets under management of approximately $350 million. Charles Wang, the founder and retired The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -32-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TIAA REXCORP NEW JERSEY PORTFOLIO chairman of the board of CA, Inc., owns 7.5% of the TIAA RexCorp New Jersey Properties. Mr. Wang has over $250 million of real estate holdings across the country, but which are primarily focused on Long Island. The TIAA RexCorp New Jersey Borrowers are affiliated with the borrower under the mortgage loan identified on Annex C-1 to the prospectus supplement as TIAA RexCorp Plaza, which is also an asset of the trust. In addition to other customary equity transfer provisions (which allow, among other things, TIAA-CREF (or entities controlled by TIAA-CREF), Marathon (or entities controlled by Marathon) and/or any one or more of Scott Rechler, Michael Maturo and Jason Barnett to control the TIAA RexCorp New Jersey Borrowers), the TIAA RexCorp New Jersey Portfolio Loan documents permit the transfer of a controlling interest (i.e., the controlling interest held by Scott Rechler, Michael Maturo, Jason Barnett and Marathon at closing) in the TIAA RexCorp New Jersey Borrowers provided that (a) the transferee is (or is controlled by) an entity that meets certain eligibility criteria set forth in the TIAA RexCorp New Jersey Portfolio Loan documents (including having assets in excess of $1 billion and capital/statutory surplus or shareholder's equity in excess of $500 million); (b) after any such transfer, the TIAA RexCorp New Jersey Properties are managed by a manager that meets certain eligibility requirements (including at least five (5) years' experience in the management of commercial properties with similar uses as the TIAA RexCorp New Jersey Properties in the New York metropolitan area); and (c) in the case of a transfer to an entity unaffiliated with the TIAA RexCorp New Jersey Borrowers, the payment of a transfer fee ($100,000 with respect to the first such transfer and 0.25% of the then outstanding principal amount of the TIAA RexCorp New Jersey Portfolio Loan for each subsequent transfer), (y) payment of all legal and other out-of-pocket costs reasonably incurred by the lender in connection with such transfer and (z) the execution and delivery of a replacement recourse guaranty from a pre-approved transferee or another person or entity (i) acceptable to the lender in its reasonable discretion and (ii) receipt of a rating agency confirmation letter. o RELEASE OF COLLATERAL. The TIAA RexCorp New Jersey Portfolio Loan permits the release of any one or more of the TIAA RexCorp New Jersey Properties after the TIAA RexCorp New Jersey Portfolio Initial Defeasance Date, subject to the satisfaction of certain conditions, including (i) the delivery of defeasance collateral in an amount equal to (a) 105% of the allocated loan amount for the property being released, if the allocated loan amount for the property being released (when combined with the allocated loan amounts of any prior properties released) is less than or equal to $108,150,000 or (b) 115% of the allocated loan amount for the property being released, if the property being released (when combined with the allocated loan amounts of any prior properties released) is greater than $108,150,000, (ii) no event of default then exists (other than an event of default which is being cured simultaneously therewith), (iii) that, after giving effect to such release and defeasance, the DSCR (calculated using actual cash flow and the actual debt service constant) for all of the remaining TIAA RexCorp New Jersey Properties is no less than 1.20x, (iv) if the date of the proposed release occurs on or after February 6, 2015, after giving effect to such release and partial defeasance, the aggregate LTV for all of the then remaining properties is not greater than 65.7% and (v) the satisfaction of certain other standard conditions as specified in the TIAA RexCorp New Jersey Portfolio Loan documents. If the date of a proposed release occurs on or after February 6, 2014, such release will only be permitted in connection with a sale of such TIAA RexCorp New Jersey Properties pursuant to an arms' length agreement with a third-party not affiliated with any TIAA RexCorp New Jersey Borrower and in which no TIAA RexCorp New Jersey Borrower and no affiliate of any TIAA RexCorp New Jersey Borrower has any controlling interest or any beneficial or economic interest in excess of 25% of the entire beneficial and economic interests in such third-party. o SUBSTITUTION OF COLLATERAL. Prior to August 6, 2016, the TIAA RexCorp New Jersey Portfolio Loan permits the release of one (or two, in the case of a simultaneous release/substitution of the 101 JFK Parkway and 103 JFK Parkway properties only) of the TIAA RexCorp New Jersey Properties by simultaneously substituting one (or two, in the case of a simultaneous release/substitution of the 101 JFK Parkway and 103 JFK Parkway properties) property, subject to the satisfaction of certain conditions set forth in the TIAA RexCorp New Jersey Portfolio Loan documents, including, without limitation, that (i) the TIAA RexCorp New Jersey Borrowers have paid to the lender (A) a fee equal to the greater of (x) 0.25% of the allocated loan amount for the TIAA RexCorp New Jersey Property(ies) being released and (y) $50,000 and (B) all costs and expenses incurred by the lender; (ii) the lender has received an appraisal, which is not more than 90 days old, of the substitute property(ies) indicating an aggregate fair market value of the substitute property(ies) that is equal to or greater than the fair market value of the released property(ies), (iii) after giving effect to the applicable release(s) and substitution(s), the DSCR (calculated using actual cash flow and the actual debt service constant) for all of the remaining TIAA RexCorp New Jersey Properties is not less than 1.20x, provided that the TIAA RexCorp New Jersey Borrowers may The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -33-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TIAA REXCORP NEW JERSEY PORTFOLIO partially defease the TIAA RexCorp New Jersey Portfolio Loan in an amount necessary to meet this DSCR condition simultaneously with the release(s) and substitution(s) in question, (iv) after giving effect to the applicable release(s) and substitution(s), the aggregate LTV for the remaining TIAA RexCorp New Jersey Properties and the substitute property(ies) is not greater than 80%, (v) the lender has received confirmation from each rating agency that the substitution would not cause the downgrade, withdrawal or qualification of any rating then assigned to any outstanding certificates, and (vi) the weighted average of the then remaining unexpired terms of the leases in effect at the substitute property(ies) will either (x) be equal to or longer than the weighted average of the then remaining unexpired terms of the leases in effect at the released property(ies), or (y) expire no earlier than February 6, 2019. In the event that the fair market value of the substitute property(ies) is less than the fair market value of the released property(ies), the TIAA RexCorp New Jersey Borrowers may, in order to satisfy the condition described in clause (ii) above, partially defease the TIAA RexCorp New Jersey Portfolio Loan in an amount at least equal to the difference between the fair market value of the released property(ies) and the fair market value of the substitute property(ies) up to 30% of the fair market value of the released property(ies)). o ESCROWS AND RESERVES. The TIAA RexCorp New Jersey Loan provides for upfront and ongoing reserves as follows: Tax and Insurance Reserve: The TIAA RexCorp New Jersey Borrowers are required to make monthly contributions into a tax and insurance reserve account in an amount equal to one-twelfth of the amount the lender estimates will be necessary to pay impositions, such as taxes and insurance premiums, over the succeeding twelve months. Capital Expense and Leasing Reserves: The TIAA RexCorp New Jersey Borrowers will be required to make monthly contributions into a capital expenditure and leasing reserve account if (i) the subsidiary of TIAA-CREF (or other controlled affiliates of TIAA-CREF) described above no longer owns at least 50% of the aggregate equity interests in the TIAA RexCorp New Jersey Borrowers and the lender has not determined that the transferee(s) of such interests are sufficiently creditworthy, to warrant the continued non-collection of capital expenditure and leasing reserves and (ii) the LTV of the TIAA RexCorp New Jersey Portfolio Loan is greater than 65%. Notwithstanding the foregoing, with respect to each of the TIAA RexCorp New Jersey Properties, each of the required reserves for such TIAA RexCorp New Jersey Property may be suspended if 95% of such TIAA RexCorp New Jersey Property is leased pursuant to a "triple net" lease to a tenant that (1) has a credit rating of at least "BBB-" by S&P (or its equivalent by Fitch or Moody's) or such tenant (or the guarantor of any such tenant's obligations under its lease) is otherwise creditworthy in the lender's reasonable judgment, (2) is required to pay, and actually pays, the costs otherwise payable from the reserves described in this paragraph and (3) satisfies certain other conditions set forth in the TIAA RexCorp New Jersey Portfolio Loan documents. One Giralda Reserve: The TIAA RexCorp New Jersey Borrowers established a $13,300,000 reserve at the closing of the TIAA RexCorp New Jersey Portfolio Loan for payment of approved capital expenses and approved leasing costs at the 1 Giralda property. Letter of Credit: The TIAA RexCorp New Jersey Borrowers are also permitted to post letters of credit in lieu of funding the real estate taxes, insurance and ground rent reserves. Such letters of credit must be issued by (i) JPMorgan Chase, N.A., (ii) another financial institution having long term unsecured debt obligations rated at least "AA" by Fitch and S&P and "Aa2" by Moody's or (iii) any other financial institution acceptable to the lender in its reasonable discretion. o LOCKBOX AND CASH MANAGEMENT. The TIAA RexCorp New Jersey Portfolio Loan requires a hard lockbox, which is already in place. The TIAA RexCorp New Jersey Portfolio Loan documents require the TIAA RexCorp New Jersey Borrowers to direct tenants to pay their rents directly to a lender controlled lockbox account. The TIAA RexCorp New Jersey Portfolio Loan documents also require that all rents received by (or on behalf of) the TIAA RexCorp New Jersey Borrowers or the property manager be deposited into such lender-controlled lockbox account (as well as any other rents, receipts, certain security deposits or payments related to lease termination or default) within two business day after receipt and that funds deposited in such lender-controlled lockbox account be swept on a daily basis into the TIAA RexCorp New Jersey Borrowers' operating account unless (i) a mezzanine loan permitted under the TIAA RexCorp New Jersey Portfolio Loan documents is outstanding, in which case such amounts will be applied through the cash management "waterfall" established under TIAA RexCorp New Jersey Portfolio Loan or (ii) an event of default is continuing, in which case, such amounts will either be swept into another account controlled by lender and held as cash collateral for the TIAA RexCorp New Jersey Portfolio Loan (which amounts lender may (but is not required to) apply to prepay a portion of the TIAA The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -34-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TIAA REXCORP NEW JERSEY PORTFOLIO RexCorp New Jersey Portfolio Loan) or applied by the lender (at the lender's option) in accordance with the above referenced cash management "waterfall". o PROPERTY MANAGEMENT. RexCorp Property Management LLC, an affiliate of the TIAA RexCorp New Jersey Borrowers, is the property manager for all of the TIAA RexCorp New Jersey Properties. The property manager receives a management fee on the TIAA RexCorp New Jersey Properties equal to 3.0% of gross revenues from the TIAA RexCorp New Jersey Properties. The lender may require that the TIAA RexCorp New Jersey Borrowers terminate the property manager following one or more of the following events: (i) an event of default is continuing under the TIAA RexCorp New Jersey Portfolio Loan, (ii) the property manager is in material default under the applicable management agreement(s) beyond applicable notice and cure periods, or (iii) upon the gross negligence, malfeasance or willful misconduct of the property manager that results in a material adverse effect on the TIAA RexCorp New Jersey Property(ies) in question and/or any of the TIAA RexCorp New Jersey Borrowers. o MEZZANINE OR SUBORDINATE INDEBTEDNESS. There is currently no mezzanine or subordinate indebtedness related to the TIAA RexCorp New Jersey Portfolio Loan. The TIAA RexCorp New Jersey Portfolio Loan documents permit mezzanine financing from an entity that meets certain eligibility criteria set forth in the TIAA RexCorp New Jersey Portfolio Loan documents or an entity approved by the lender and the rating agencies to the holder or holders of all of the direct and indirect ownership interests in the TIAA RexCorp New Jersey Borrowers, provided that the mezzanine lender enters into an intercreditor agreement with the lender and that the approved mezzanine loan: (i) will be in an amount that when added to the TIAA RexCorp New Jersey Portfolio Loan, will result in an aggregate LTV of the TIAA RexCorp New Jersey Properties of no greater than 85%, (ii) will result in the TIAA RexCorp New Jersey Properties having an aggregate DSCR of not less than 1.00x (based on actual net operating income and an assumed 7.50% debt service constant), (iii) has a market interest rate and is otherwise on terms and conditions reasonably acceptable to the lender and evidenced by TIAA RexCorp New Jersey Portfolio Loan documents which have been reasonably approved by the lender, (iv) is not secured by any collateral securing the TIAA RexCorp New Jersey Portfolio Loan, (v) creates no obligations or liabilities on the part of the TIAA RexCorp New Jersey Borrowers and results in no liens on any portion of any TIAA RexCorp New Jersey Property or any other collateral securing the TIAA RexCorp New Jersey Portfolio Loan and (vi) either (A) has a term expiring on the February 6, 2017 if after giving effect to such mezzanine loan, the aggregate DSCR (based on actual net operating income and an assumed 7.50% debt service constant) of the TIAA RexCorp New Jersey Properties is less than 1.08x or (B) has a term expiring no earlier than February 6, 2012 if after giving effect to such mezzanine loan, the aggregate DSCR (based on actual net operating income and an assumed 7.50% debt service constant) of the TIAA RexCorp New Jersey Properties is greater than or equal to 1.08x. o TERRORISM INSURANCE. The TIAA RexCorp New Jersey Portfolio Loan documents require the TIAA RexCorp New Jersey Borrowers to maintain terrorism insurance in an amount equal to 100% of the replacement cost of the TIAA RexCorp New Jersey Properties, provided such coverage is available. In the event that coverage for terrorism is not included as part of the "all risk" property policy, the TIAA RexCorp New Jersey Borrowers will be required to obtain coverage for terrorism (in the form of stand alone coverage) to the extent available, in an amount equal to 100% of the replacement cost of the TIAA RexCorp New Jersey Properties, subject to a premium cap of $987,600, adjusted annually by a percentage equal to the increase in the "consumer price index". The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -35-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - 400 ATLANTIC STREET [TWO (2) PHOTOS OF 400 ATLANTIC STREET OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -36-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - 400 ATLANTIC STREET [TWO (2) MAPS INDICATING LOCATION OF 400 ATLANTIC STREET OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -37-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - 400 ATLANTIC STREET PROPERTY INFORMATION Number of Mortgaged Real Properties 1 Location (City/State) Stamford, Connecticut Property Type Office Size (sf) 527,424 Percentage Leased as of June 1, 2007 97.1% Year Built/Year Renovated 1980/2007 Appraisal Value $335,000,000 Underwritten Occupancy 95.2% Underwritten Revenues $28,123,611 Underwritten Total Expenses $6,962,452 Underwritten Net Operating Income (NOI) $21,161,159 Underwritten In Place Cash Flow (IPCF) (1) $20,877,889 Underwritten Net Cash Flow (NCF) (2) $20,449,442 MORTGAGE LOAN INFORMATION Originator GCFP Cut-off Date Principal Balance $265,000,000 Cut-off Date Principal Balance PSF/Unit $502.44 Percentage of Initial Mortgage Pool Balance 3.5% Number of Mortgage Loans 1 Type of Security Fee Simple Mortgage Rate 5.674% Original Term to Maturity (Months) 120 Original Amortization Term (Months) Interest Only Cut-off Date LTV Ratio 79.1% LTV Ratio at Maturity 79.1% Underwritten DSCR on NOI 1.38x Underwritten DSCR on IPCF (1) 1.37x Underwritten DSCR on NCF (2) 1.34x ---------- (1) IPCF is the loan sellers underwritten NOI, assuming today's in-place rents, including American Express, whose lease expires September 30, 2008. (2) NCF is loan seller's NCF, assuming rents paid by UBS commencing October 1, 2008. o THE LOAN. The mortgage loan (the "400 ATLANTIC STREET LOAN") is evidenced by a single note and is secured by a first mortgage encumbering the class-A office building located at 400 Atlantic Street, Stamford, Connecticut (the "400 ATLANTIC STREET PROPERTY"). The 400 Atlantic Street Loan represents approximately 3.5% of the initial mortgage pool balance. The 400 Atlantic Street Loan was originated on May 18, 2007, had an original principal balance and a principal balance as of the cut-off date of $265,000,000 and an interest rate of 5.674%. The DSCR and LTV on the 400 Atlantic Street Loan are 1.34x and 79.1%, respectively. The proceeds of the 400 Atlantic Street Loan were used to refinance existing debt. The 400 Atlantic Street Loan has an initial term of 120 months and a remaining term of 119 months. The loan requires payments of interest-only for the entire term. The scheduled maturity date is June 6, 2017. Voluntary prepayment of the 400 Atlantic Street Loan is prohibited until the payment date of March 6, 2017 and permitted thereafter without penalty. Defeasance with United States government securities is permitted from August 6, 2009. o THE PROPERTY. The 400 Atlantic Street Property is a 15-story, 527,424 sf class-A office building that is located in the central business district of Stamford, Connecticut, at the southeast corner of Atlantic Street and US Route 1 (Tresser Boulevard). The 400 Atlantic Street Property was developed in 1980 as the corporate headquarters for Champion Paper. Champion Paper was acquired by International Paper in early 2000 and subsequently moved out of all but three floors of their space. The 400 Atlantic Property is located two blocks east of the Metro-North/Amtrak train station and one block north of Interstate 95, with easy on/off access to the parking garage. The 400 Atlantic Street Property is situated between the UBS AG North American headquarters building and 201 Tresser Boulevard where UBS has leased 250,000 sf with an option to expand further to 400,000 sf. UBS is the largest tenant in at the 400 Atlantic Street Property. Parking is provided in a multi-level structured garage with 908 spaces (1.72 per 1,000 sf). The 400 Atlantic Street Property's location offers tenants convenient access to numerous nearby high-rise residential developments, shopping, restaurants, entertainment and educational facilities. As of June 1, 2007, the 400 Atlantic Street Property was 97.1% leased to approximately 7 tenants. The three largest tenants in the building are UBS AG ("UBS") (258,202 sf) through September 2018; International Paper (132,004 sf) through December 2015 and Wiggin & Dana (36,782 sf) through May 2011. UBS directly leases floors four and five under a lease that commenced April 1, 1998 and floor six under a lease that commenced March 1, 2007 (together, the "DIRECTLY LEASED SPACE"). UBS also sublets floors three, eight, nine and ten from American Express (the "SUBLEASED SPACE"), whose lease expires September 30, 2008. On February 8, 2007, UBS entered into a binding letter agreement with the 400 Atlantic Street Borrower to directly lease the subleased space together with the directly leased space (the "NEW UBS LEASE"). As of the Cut-Off Date, the 400 Atlantic Street Borrower has satisfied all conditions precedent to the effectiveness of this letter agreement; therefore, the entire premises is treated as operating under the new UBS lease for purposes of this disclosure. UBS currently occupies floors four, five, eight, nine and ten and is currently building out floors three and six. Additionally, the 400 Atlantic Street Borrower has commenced its capital expenditure obligations required under the new UBS lease. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -38-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - 400 ATLANTIC STREET UBS has a right of first refusal on any space that becomes available in the 400 Atlantic Street Property and a first right offer to purchase the building if offered for 3rd party sale or if the 400 Atlantic Street Borrower sells more than 80% of it's interest in the 400 Atlantic Street Property. UBS has negotiated signage rights on the building which will compliment their headquarters located a block south and 201 Tresser Boulevard located to the north. The following table presents certain information relating to the major tenants at the 400 Atlantic Street Property: TEN LARGEST TENANTS BASED ON ANNUALIZED UNDERWRITTEN BASE RENT % OF TOTAL ANNUALIZED ANNUALIZED ANNUALIZED UNDERWRITTEN CREDIT RATING TENANT % OF UNDERWRITTEN UNDERWRITTEN BASE RENT LEASE TENANT NAME (FITCH/MOODY'S/S&P)(1) NRSF NRSF BASE RENT ($) BASE RENT ($ PER NRSF) EXPIRATION --------------------- ---------------------- ------- ----- ------------- ------------ ------------ ---------- UBS AG AA+/Aaa/AA+ 258,202 49.0% $10,586,282 48.1% 41.00 9/1/2018 International Paper BBB-/Baa3/BBB 132,004 25.0% 6,831,207 31.0% 51.75 12/1/2015 Wiggin & Dana NR/NR/NR 36,782 7.0% 1,728,754 7.9% 47.00 5/1/2011 American Express A+/A1/A+ 44,782 8.5% 1,581,626 7.2% 35.32 9/1/2014 ------- ----- ----------- ----- ----- TOTAL LARGEST TENANTS 471,770 89.4% $20,727,869 94.2% 43.94 Remaining Tenants 40,234 7.6% 1,275,597 5.8% 31.70 Vacant Space 15,420 2.9% 0 0.0% 0.00 ------- ----- ----------- ----- ----- TOTAL ALL TENANTS 527,424 100.0% $22,003,466 100.0% 42.98 ---------- (1) Certain ratings are those of the parent company whether or not the parent guarantees the lease. The following table presents certain information relating to the lease rollover schedule at the 400 Atlantic Street Property: LEASE EXPIRATION SCHEDULE(1) % OF TOTAL ANNUALIZED CUMULATIVE ANNUALIZED ANNUALIZED UNDERWRITTEN YEAR ENDING % OF TOTAL OF TOTAL UNDERWRITTEN UNDERWRITTEN BASE RENT DECEMBER 31, EXPIRING NRSF NRSF NRSF BASE RENT ($) BASE RENT ($ PER NRSF) ------------------- ------------- ---------- ---------- ------------- ------------ ------------ 2007 0 0.0% 0.0% $ 0 0.0% 0.00 2008 0 0.0% 0.0% 0 0.0% 0.00 2009 0 0.0% 0.0% 0 0.0% 0.00 2010 0 0.0% 0.0% 0 0.0% 0.00 2011 41,397 7.8% 7.8% 1,936,429 8.8% 46.78 2012 0 0.0% 7.8% 0 0.0% 0.00 2013 17,580 3.3% 11.2% 791,100 3.6% 45.00 2014 36,782 7.0% 18.2% 1,581,626 7.2% 43.00 2015 132,584 25.1% 43.3% 6,845,707 31.1% 51.63 2016 0 0.0% 43.3% 0 0.0% 0.00 2017 and thereafter 283,661 53.8% 97.1% 10,848,604 49.3% 38.24 Vacant 15,420 2.9% 100.0% ------- ----- ----------- ----- ----- TOTAL 527,424 100.0% $22,003,466 100.0% 42.98 ---------- (1) Calculated based on approximate square footage occupied by each tenant. o THE BORROWER. The borrower (the "400 ATLANTIC STREET BORROWER") is 400 Atlantic Title, LLC, a single-asset, special-purpose, bankruptcy-remote Delaware limited liability company with two independent directors. Legal counsel to the 400 Atlantic Street Borrower delivered a non-consolidation opinion in connection with the origination of the 400 Atlantic Street Loan. The 400 Atlantic Street Borrower is indirectly owned and controlled by Alan Landis (28%) and a group of investors including David Mandelbaum (16%), Donald Sussman (14%), Uzi Zucker (14%), and Richard Schaps (12%) and other friends and family of Mr. Landis. The Landis Group was founded in 1967 by Alan Landis. The Landis Group has owned, operated or developed in excess of 15 million sf of class-A space. Mr. Landis along with other members of the sponsorship are part owners of the YankeesNets (which own the Yes Network and parts of the New York Yankees and New Jersey Nets), and the Minnesota Vikings organizations. Mr. Landis was a former member of the Board of Directors of Boston Properties, Inc. Mr. Landis guaranteed the non-recourse carveouts of the 400 Atlantic Street Loan. In connection with such guarantee, Mr. Landis is required to maintain $40,000,000 in net worth and $2,500,000 in liquidity. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -39-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - 400 ATLANTIC STREET o ESCROWS. The loan documents provide for certain escrows for real estate taxes and insurance premiums. Tax and Insurance Reserves: The 400 Atlantic Street Borrower is required to make monthly contributions into a tax and insurance reserve account in an amount equal to one-twelfth of the amount the lender estimates will be necessary to pay impositions, such as taxes and insurance premiums, over the then succeeding twelve month period. Capital Expense Reserve: The 400 Atlantic Street Borrower is required to make monthly payments totaling $105,480 per year into a replacement reserve account. Tenant Improvement and Leasing Commissions: The 400 Atlantic Street Borrower has deposited $6,196,120 to cover those tenant improvement costs and leasing commissions outstanding as of the closing date of the 400 Atlantic Street Loan. The 400 Atlantic Street Borrower is also required to make monthly contributions totaling $270,000 per year into tenant improvements and leasing account. The 400 Atlantic Street Borrower is also required to deposit any lease termination payments and security deposits applied or other payments received on account of lease defaults or lease terminations into a rollover reserve. As of June 7, 2007, $6,196,120 remained in the account. o LOCKBOX AND CASH MANAGEMENT. The 400 Atlantic Street Loan provides for a hard lockbox which is already in place. The loan documents also require that any rents that are received by the 400 Atlantic Street Borrower or the property managers be deposited within two business days of receipt into this lender-controlled. Amounts on deposit in the lockbox account are swept on a daily basis into the 400 Atlantic Street Borrower's operating account, unless an event of default is continuing. A "CASH MANAGEMENT PERIOD" will (A) commence (i) upon the occurrence of an event of default or (ii) if, as of the end of any calendar quarter, the actual DSCR is less than 1.02x and (B) will terminate (x) in the case of clause (i) above, when the event of default in question has been cured (and no other event of default is then existing) and (y) in the case of clause (ii) above, when the 400 Atlantic Property has thereafter achieved an actual DSCR of 1.02x at the end of any subsequent calendar quarter. During the continuance of a Cash Management Period, all such funds in the lockbox account will be swept into a deposit account controlled by the lender for payment of debt service, all required escrow and reserve payments and lender-approved operating expenses at the 400 Atlantic Street Property. Any excess amounts will be swept into another account controlled by lender and held as cash collateral for the 400 Atlantic Street Loan, which amounts lender may (but is not required to) apply to prepay or partially defease a portion of the 400 Atlantic Street Loan. o PROPERTY MANAGEMENT. 400 Atlantic Management Associates Limited Partnership, an affiliate of the 400 Atlantic Street Borrower, is the principal property manager for the 400 Atlantic Street Property. The lender may replace either property manager (i) if an event of default is continuing, (ii) if the applicable manager is in material default under its management agreement or (iii) upon the gross negligence, malfeasance or willful misconduct of the applicable property manager. The annual management fee is $200,000, payable in monthly installments of $16,666.67 out of property cashflow. 400 Atlantic Management Associates Limited Partnership contracts out certain property management services to CB Richard Ellis, Inc. pursuant to a management contract that (a) provides for a $55,000 annual management fee payable in monthly installments of 4,583.33 and (y) is terminable by either party on 30 days' notice. o MEZZANINE OR SUBORDINATE INDEBTEDNESS. Not permitted. o TERRORISM INSURANCE. The 400 Atlantic Street Property is insured against acts of terrorism as part of its "all-risk" property coverage. The loan documents require the 400 Atlantic Street Borrower to maintain terrorism insurance in an amount equal to 100% of the full replacement cost of the 400 Atlantic Street Property, provided that such coverage is available. In the event that terrorism coverage is not included as part of the "all risk" property policy, the 400 Atlantic Street Borrower will be required to purchase terrorism insurance at a cost up to the Terrorism Premium Cap (as defined below). If the insurance premiums for such policy exceed the Terrorism Premium Cap, the lender may, at its option (1) purchase such terrorism insurance policy, and require that the 400 Atlantic Street Borrower pay the portion of the premiums equal to the Terrorism Premium Cap or (2) modify the deductible amounts, policy limits and other required policy terms to reduce the Insurance Premiums payable with respect to such policy to the Terrorism Premium Cap. As used herein, "TERRORISM PREMIUM CAP" means an amount which is equal to 150% of the aggregate amount insurance premiums paid for property insurance coverage for the last policy year in which coverage for terrorism was included as part of the "all risk" property policy, adjusted, in certain instances, annually by a percentage equal to the increase in the "consumer price index". The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -40-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TWO HERALD SQUARE [LARGE PHOTO OF TWO HERALD SQUARE OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -41-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TWO HERALD SQUARE [TWO (2) MAPS INDICATING LOCATION OF TWO HERALD SQUARE OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -42-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TWO HERALD SQUARE PROPERTY INFORMATION Number of Mortgaged Real Properties 1 Location (City/State) New York, New York Property Type Other(1) Building NRSF 354,298 Maximum FAR (sf) 430,650 Percentage Leased as of December 11, 2006 99.3% Year Built/Year Renovated 1909 / 2000-2005 Appraisal Value $260,000,000 Underwritten Occupancy NAP Underwritten Revenues $14,260,048 Underwritten Total Expenses $0 Underwritten Net Operating Income (NOI)(2) $14,260,048 Underwritten Net Cash Flow (NCF)(2) $14,260,048 MORTGAGE LOAN INFORMATION Originator GSCMC Cut-off Date Principal Balance $191,250,000 Cut-off Date Principal Balance PSF(3) $444.10 Percentage of Initial Mortgage Pool Balance 2.5% Number of Mortgage Loans 1 Type of Security Fee Simple Mortgage Rate 5.358% Original Term to Maturity (Months) 119 Original Amortization Term (Months) None Cut-off Date LTV Ratio 73.6% LTV Ratio at Maturity 73.6% Underwritten DSCR on NOI(2) 1.37x Underwritten DSCR on NCF(2) 1.37x ---------- (1) The mortgage loan is secured by the borrower's fee simple interest in the land, but not the improvements. (2) Base Revenue based on the average ground rent payments from years 11-20. The current DSCR based on the current rent payment of $9,000,000 per annum is 0.86x. (3) Based on maximum floor area ratio ("FAR") of 430,650 SF. o THE LOAN. The mortgage loan (the "TWO HERALD SQUARE LOAN") is evidenced by a note in the original principal amount of $191,250,000 and is secured by a first mortgage encumbering the fee interest in the property located at Two Herald Square in New York, New York (the "TWO HERALD SQUARE PROPERTY"). The Two Herald Square Loan was originated by Goldman Sachs Commercial Mortgage Capital, L.P. and subsequently purchased by Goldman Sachs Mortgage Company. The Two Herald Square Loan was originated on April 9, 2007 and represents approximately 2.5% of the initial mortgage pool balance. The note evidencing the Two Herald Square Loan had an original principal balance and has a principal balance as of the cut-off date of $191,250,000 and an interest rate of 5.358%. The proceeds of the Two Herald Square Loan were used to acquire the Two Herald Square Property. The Two Herald Square Loan had an initial term of 119 months and has a remaining term of 117 months. The Two Herald Square Loan requires payments of interest only until maturity. The scheduled maturity date is the payment date in April 2017. Voluntary prepayment of the Two Herald Square Loan is prohibited until the payment date in January 2017. Defeasance with United States government securities or certain other obligations backed by the full faith and credit of the United States of America is permitted at anytime after the second anniversary of the securitization closing date. o THE PROPERTY. The Two Herald Square Property is comprised of the fee interest in the land under an 11 story plus penthouse building and an underground parking garage, 354,298 SF, office and retail building located in Manhattan. The building is situated on the southern border of the Times Square South submarket to the immediate north of the Penn Station submarket. Built in 1909, the building underwent major renovation and upgrades between 2000 and 2005. The fee interest is indirectly owned by SL Green Realty Corp. and Gramercy Capital Corp. through a 55%/45% joint venture. The borrowers are the lessors under a ground lease of the Two Herald Square Property, which has a 70-year TERM with no extension options, and Sitt 2 Herald LLC is the lessee under such ground lease. The base rent payable by the lessee under the ground lease is $750,000 per month for the first five years of the term and increases by 25% in year six, then increases annually by 2.5% every year thereafter to $1,324,662.96/month in the 20th year of the lease. After the 20th year of the lease, base rent will be adjusted on the first day of each of the 21st, 31st, 41st, 51st and 61st lease years of the term, to the greater of 1.025 times the preceding year's rent, or 5% of the fair market value. The percentage rent payable under the ground lease is 10% of the amount by which annual adjusted operating revenue exceeds $25,000,000. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -43-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TWO HERALD SQUARE The following table presents certain information relating to the major tenants at the Two Herald Square Property: FIVE LARGEST TENANTS BASED ON ANNUALIZED UNDERWRITTEN BASE RENT % OF TOTAL ANNUALIZED ANNUALIZED ANNUALIZED UNDERWRITTEN CREDIT RATING TENANT % OF UNDERWRITTEN UNDERWRITTEN BASE RENT LEASE TENANT NAME (FITCH/MOODY'S/S&P)(1) NRSF NRSF BASE RENT ($) BASE RENT ($ PER NRSF) EXPIRATION -------------------- ---------------------- ------- ----- ------------- ------------ ------------ ---------- H&M Hennes & Mauritz NR/NR/NR 71,000 20.0% $ 7,332,630 33.6% $103.28 1/31/2016 Publicis NR/Baa2/BBB+ 119,502 33.7% 5,575,982 25.5% 46.66 8/31/2016 Victoria's Secret NR/Baa2/BBB 27,550 7.8% 4,597,727 21.0% 166.89 3/31/2017 Mercy College NR/NR/NR 55,000 15.5% 2,530,000 11.6% 46.00 5/31/2022 Central Parking NR/NR/NR 29,610 8.4% 575,026 2.6% 19.42 12/31/2007 ------- ----- ----------- ----- ------- FIVE LARGEST TENANTS 302,662 85.4% $20,611,365 94.3% $ 68.10 Remaining Tenants 49,234 13.9% 1,243,737 5.7% 25.26 Vacant 2,402 0.7% 0 0.0% 0.00 ------- ----- ----------- ----- ------- TOTAL ALL TENANTS 354,298 100.0% $21,855,102 100.0% $ 62.19 ---------- (1) Certain ratings are those of the parent company whether or not the parent guarantees the lease. o THE BORROWERS. The borrowers are GKK 2 Herald LLC and SLG 2 Herald LLC, both single-purpose, single-asset entities, as tenants in common. Legal counsel to the borrowers delivered a non-consolidation opinion in connection with the origination of the Two Herald Square Loan. Upon completion of the like-kind exchange described below, GKK 2 Herald LLC will be indirectly owned by Gramercy Capital Corp., a national commercial real estate investment trust, and SLG 2 Herald LLC will be indirectly owned by SL Green Realty Corp., the owner and operator of a portfolio of commercial office buildings in New York City. o ESCROWS. During the continuance of a Two Herald Square Trigger Period, the loan documents require the reserve of monthly escrows for real estate taxes and insurance with all excess cash reserved as additional collateral for the Two Herald Square Loan. A "TWO HERALD SQUARE TRIGGER PERIOD" means (i) any period during the continuance of an event of default under the ground lease, and (ii) any period during which the ground lease is no longer in effect. In the place of an interest reserve, SL Green Operating Partnership, L.P., an affiliate of SL Green Realty Corp. has provided a $3,821,116.20 letter of credit and Gramercy Capital Corp. has provided a $3,126,367.80 letter of credit, in each case, in respect of interest shortfalls. Over the term of the Two Herald Square Loan, the borrowers have the right to reduce the aggregate amount of the letters of credit to the amount that would then be in the interest reserve required by the loan documents had such reserve been held in cash. o LOCKBOX AND CASH MANAGEMENT. The Two Herald Square Loan requires a hard lockbox, which is already in place. The loan documents require the borrowers to direct the lessee under the ground lease to pay its rent directly to a lender-controlled lockbox account. At the end of each business day, provided that there is no event of default under the Two Herald Square Loan and no Two Herald Square Trigger Period is ongoing, all funds in the lockbox account in excess of the interest due on the next payment date will be remitted to an account specified by the borrowers. During the existence of a Two Herald Square Trigger Period, funds in the lockbox account will be applied to pay the monthly debt service and any required reserves under the loan documents, and, unless an event of default under the Two Herald Square Loan has occurred and is continuing, any excess will be remitted to the borrowers. During the continuance of an event of default under the Two Herald Square Loan, the lender may apply any funds in the lockbox account to the obligations of the borrowers under the Two Herald Square Loan in such order of priority as the lender may determine. o PROPERTY MANAGEMENT. The Two Herald Square Property is currently managed by S.L. Green Management Corp., an affiliate of one of the borrowers, pursuant to a management agreement. Under the management agreement, the borrowers pay a management fee in the amount of $100,455.60 per year. The lender may require the borrowers to replace the property manager if an event of default under the Two Herald Square Loan has occurred or as a result of the gross negligence, fraud or willful misconduct of the property manager. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -44-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TWO HERALD SQUARE o MEZZANINE OR SUBORDINATE INDEBTEDNESS. Except in connection with the like-kind exchange described below, there is currently no subordinate indebtedness that is secured by more than 45% of the direct or indirect interests in the borrowers. The loan documents permit (A) a pledge at any time or from time to time of all or any portion of the direct or indirect interest in GKK 2 Herald LLC, provided that the pledged interest does not constitute in the aggregate more than 45% of the direct or indirect equity interests in Borrower, to secure a loan in an amount not to exceed $50,000,000 that is originated by (or, contemporaneously with its closing, assigned to) Gramercy Capital Corp. or one of its affiliates and is at all times held by Gramercy Capital Corp. or one of its affiliates (which entity may (1) assign all or any portion of such loan in connection with a CDO that is managed by Gramercy Capital Corp. or one of its affiliates and/or (2) pledge all or any portion of such loan as collateral for a repurchase or similar financing facility provided to such entity by Wachovia Bank, National Association, Goldman Sachs Group, Inc., or any other Qualified Equityholder, and in either case the holder thereof may exercise remedies thereunder, provided the pledged interests are at all times held by Qualified Equityholders or such CDO), and (B) any transfer of such equity interests to a Qualified Equityholder pursuant to the exercise of remedies by the holder of such pledged interests). o 1031 EXCHANGE. The Two Herald Square Property is currently the subject of a like-kind exchange under Section 1031 of the Internal Revenue Code pursuant to a transaction that qualifies within the "safe harbor" of the revenue procedures relating to such exchanges. The equity interests in both borrowers are indirectly wholly owned by CDECRE, Inc., an affiliate of Chicago Deferred Exchange Corporation, pursuant to exchange accommodation agreements with the sponsors. These equity interests are expected to be transferred to Gramercy Capital Corp. and SL Green Realty Corp. no later than October 5, 2007 in connection with the completion of the exchange. o TERRORISM INSURANCE. The loan documents require that the "all risk" insurance policies required to be maintained by the borrowers provide coverage for terrorism in an amount equal to the full replacement cost of the Two Herald Square Property. In addition, the borrowers are required to maintain business interruption insurance covering a period of not less than 18 months from the occurrence of a casualty, plus an extended period of indemnity for 12 months after restoration. The borrowers must maintain such terrorism coverage if the Terrorism Risk Insurance Act of 2002 ("TRIA") or a similar statute is in effect. If at any time TRIA or a similar statute is not in effect and terrorism coverage is commercially available, the borrowers are required to maintain such coverage, but are not required to pay a premium of more than more than one and a half times the premium for the-then current property insurance premium payable with respect to the Two Herald Square Property (less the portion of such premium that is allocable to terrorism insurance coverage). The borrowers are permitted to maintain such terrorism coverage through a blanket policy. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -45-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TIAA REXCORP PLAZA [LARGE PHOTO OF TIAA REXCORP PLAZA OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -46-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TIAA REXCORP PLAZA [TWO MAPS INDICATING LOCATION OF TIAA REXCORP OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -47-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TIAA REXCORP PLAZA PROPERTY INFORMATION Number of Mortgaged Real Properties 1 Location (City/State) Uniondale, New York Property Type Office Size (sf) 1,063,950 Percent Leased as of February 23, 2007 92.1% Year Built/Year Renovated 1985 / 1996 Appraisal Value $270,000,000 Underwritten Occupancy 92.1% Underwritten Revenues $36,370,754 Underwritten Total Expenses $22,187,025 Underwritten Net Operating Income (NOI) $14,183,729 Underwritten In Place Cash Flow (IPCF) (1) $11,587,306 Underwritten Net Cash Flow (NCF) (2) $13,119,779 MORTGAGE LOAN INFORMATION Originator GCFP Cut-off Date Principal Balance $187,250,000 Cut-off Date Principal Balance PSF/Unit $176.00 Percentage of Initial Mortgage Pool Balance 2.4% Number of Mortgage Loans 1 Type of Security Leasehold Mortgage Rate 5.731% Original Term to Maturity (Months) 120 Original Amortization Term (Months) Interest Only Cut-off Date LTV Ratio 69.4% LTV Ratio at Maturity 69.4% Underwritten DSCR on NOI 1.30x Underwritten DSCR on IPCF (1) 1.06x Underwritten DSCR on NCF (2) 1.21x ---------- (1) IPCF is the loan sellers underwritten NOI, adjusted for in place leases and expenses, but giving no credit to rental growth expected to occur in future years or upon stabilization. (2) NCF is loan seller's NCF, giving credit to rental growth to market levels that is projected to happen in future years based on cash flow models prepared with Argus or other software. There can be no assurance that the property will ever attain or exceed the stated NCF. o THE LOAN. The mortgage loan (the "TIAA REXCORP PLAZA LOAN") is evidenced by a single note and is secured by a first mortgage encumbering a class-A office building located in Uniondale, New York (the "TIAA REXCORP PLAZA PROPERTY"). The TIAA RexCorp Plaza Loan represents approximately 2.4% of the initial mortgage pool balance. The TIAA RexCorp Plaza Loan was originated on January 25, 2007, had an original principal balance and a principal as of the cut-off date of $187,250,000 and an interest rate of 5.731% per annum. The DSCR and LTV on the TIAA RexCorp Plaza Loan are 1.21x and 69.4%, respectively. The proceeds of the TIAA RexCorp Plaza Loan were used by the borrower to acquire the TIAA RexCorp Plaza Property along with 15 other properties for a total portfolio acquisition price of approximately $1.14 billion. The TIAA RexCorp Plaza Loan had an initial term of 120 months, has a remaining term of 115 months and requires payments of interest only for the entire term. The scheduled maturity date is February 6, 2017. Voluntary prepayment of the TIAA RexCorp Plaza Loan is prohibited prior to the payment date of November 6, 2016 and permitted on such payment date and thereafter without penalty. Defeasance with United States government securities is permitted from August 6, 2009 (the "TIAA REXCORP PLAZA INITIAL DEFEASANCE DATE"). o THE PROPERTY. The TIAA RexCorp Plaza Property, commonly known as RexCorp Plaza, consists of two, connected, class-A, 15-story elliptical office buildings with a total of 1,063,950 sf. The property fronts Glen Curtis Boulevard and has easy access to Hempstead-Bethpage Turnpike. Constructed in 1985 and renovated in 1996, the buildings have typical floorplates of about 31,500 sf. On-site amenities include a Winter Garden in the atrium lobby, concierge, retail stores, retail banking, a full-service cafeteria and outdoor ice skating rink. 4,300 parking spaces are provided through a combination of a garage and in surface lots. The building is occupied by a variety of tenants, the largest of which, Citibank, occupies 19.9% of the TIAA RexCorp Plaza Property. No other tenant occupies more than 8.9% of the space. The property is located on a 36.4111-acre site that is leased from the County of Nassau. The full site consists of three parcels; two of the parcels, with a total of 28.2384 acres, are developed with the TIAA RexCorp Plaza Property. The third parcel, consisting of 8.1727 acres, is undeveloped and has been subleased to RexCorp Plaza Land SPE LLC, an entity owned by the RexCorp principals, Marathon Real Estate Opportunity Fund ("MARATHON") and Charles Wang. The third parcel is not part of the collateral for the TIAA RexCorp. Plaza Loan. o GROUND LEASE. The TIAA RexCorp Property is located on a 36.4111-acre site that is leased from the County of Nassau under a ground lease that commenced in 1984 and has a fully-extended expiration date of October 28, 2080. The current ground rent payment is $728,222 ($20,000 per acre), increasing to $819,249.75 per annum ($22,500 per acre) on May 1, 2009 for the remainder of the initial term and extension options. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -48-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TIAA REXCORP PLAZA The following table presents certain information relating to the major tenants at the TIAA RexCorp Plaza Property: TEN LARGEST TENANTS BASED ON ANNUALIZED UNDERWRITTEN BASE RENT % OF TOTAL ANNUALIZED ANNUALIZED ANNUALIZED UNDERWRITTEN CREDIT RATING TENANT % OF UNDERWRITTEN UNDERWRITTEN BASE RENT LEASE TENANT NAME (FITCH/MOODY'S/S&P)(1) NRSF NRSF BASE RENT ($) BASE RENT ($ PER NRSF) EXPIRATION ----------------------- ---------------------- --------- ------ ------------- ------------ -------------- ---------- Citibank NA. AA+/Aaa/AA+ 211,853 19.9% $ 4,521,388 15.9% $21.34 12/1/2010 Dreyfus Service Corp. NR/NR/NR 94,679 8.9% 2,913,749 10.2% 30.78 3/1/2014 Del Laboratories Inc., NR/B1/B- 88,603 8.3% 2,537,325 8.9% 28.64 12/1/2014 Rivkin Radler & Kremer NR/NR/NR 79,125 7.4% 2,294,625 8.1% 29.00 6/1/2008 Washington Mutual A/A2/A- 63,130 5.9% 2,100,070 7.4% 33.27 4/30/2012 Ruskin Moscou & Faltisc NR/NR/NR 49,920 4.7% 1,625,538 5.7% 32.56 12/1/2016 --------- ----- ----------- ----- ------ TOTAL LARGEST TENANTS 587,310 55.2% $15,992,695 56.1% $27.23 Remaining Tenants 393,094 36.9% 12,503,888 43.9% 31.81 Vacant Space 83,546 7.9% 0 0.0% 0.00 --------- ----- ----------- ----- ------ TOTAL ALL TENANTS 1,063,950 100.0% $28,496,583 100.0% $29.07 ---------- (1) Certain ratings are those of the parent company whether or not the parent guarantees the lease. LEASE EXPIRATION SCHEDULE(1) % OF TOTAL ANNUALIZED CUMULATIVE ANNUALIZED ANNUALIZED UNDERWRITTEN YEAR ENDING % OF TOTAL OF TOTAL UNDERWRITTEN UNDERWRITTEN BASE RENT DECEMBER 31, EXPIRING NRSF NRSF NRSF BASE RENT ($) BASE RENT ($ PER NRSF) ------------------- ------------- ---------- ---------- ------------- ------------ ------------ 2007 26,244 2.5% 2.5% $ 912,622 3.2% $34.77 2008 117,005 11.0% 13.5% 2,974,766 10.4% 25.42 2009 12,768 1.2% 14.7% 477,511 1.7% 37.40 2010 214,653 20.2% 34.8% 4,613,400 16.2% 21.49 2011 54,388 5.1% 40.0% 1,859,093 6.5% 34.18 2012 100,017 9.4% 49.4% 3,331,923 11.7% 33.31 2013 35,362 3.3% 52.7% 1,184,399 4.2% 33.49 2014 246,829 23.2% 75.9% 7,586,740 26.6% 30.74 2015 36,218 3.4% 79.3% 1,218,274 4.3% 33.64 2016 117,482 11.0% 90.3% 3,721,416 13.1% 31.68 2017 and thereafter 19,438 1.8% 92.1% 616,439 2.2% 31.71 Vacant 83,546 7.9% 100.0% 0 0.0% 0.00 --------- ----- ----------- ----- ------ TOTAL 1,063,950 100.0% $28,496,583 100.0% $29.07 ---------- (1) Calculated based on approximate square footage occupied by each tenant. o THE BORROWER. The borrower ("TIAA REXCORP PLAZA BORROWER") is a single-asset, special-purpose, bankruptcy-remote entity with an independent director. Legal counsel to the TIAA RexCorp Plaza Borrower delivered a non-consolidation opinion in connection with the origination of the TIAA RexCorp Plaza Loan. The sponsor of the TIAA RexCorp Plaza Borrower is Tri-State Prime Property Venture LLC ("PRIME") which is the guarantor under the non-recourse carveouts for the TIAA RexCorp Plaza Loan. A subsidiary of Teachers Insurance and Annuity Association - College Retirement Equities Fund ("TIAA-CREF") owns 85% of the TIAA RexCorp Plaza Property. TIAA-CREF is one of the largest institutional real estate investors in the nation, with a global portfolio of direct or indirect investment of approximately $59 billion. Headquartered in New York City, TIAA-CREF has major offices in Charlotte and Denver as well as dozens of smaller offices in communities nationwide. TIAA-CREF is one of the world's largest retirement systems, with more than $406 billion in combined assets under management (as of December 30, 2006). RexCorp Realty LLC (an entity established by Scott Rechler, Michael Maturo and Jason Barnett, the former executives of Reckson Associates Realty Corp. and other senior management of Reckson Associates Realty Corp.) and Marathon own a combined 7.5% of the TIAA RexCorp Plaza Property. Marathon is an open-ended fund that launched in August 2004. Marathon is co-headed by Jon Halpern and Ron Bernstein and has assets under management of approximately $350 million. Charles Wang, the founder and retired chairman of the board of CA, Inc., owns 7.5% of the TIAA RexCorp Plaza Property. Mr. Wang has over $250 million of real estate holdings across the country, but which are primarily focused on Long Island. The TIAA RexCorp Plaza Borrower is affiliated with the borrowers under the mortgage loan identified on Annex C-1 to the prospectus supplement as TIAA RexCorp New Jersey Portfolio, which is also an asset of the trust. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -49-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TIAA REXCORP PLAZA In addition to other customary equity transfer provisions (which allow, among other things, TIAA-CREF (or entities controlled by TIAA-CREF), Marathon (or entities controlled by Marathon) and/or any one or more of Scott Rechler, Michael Maturo and Jason Barnett to control the TIAA RexCorp Plaza Borrower), the TIAA RexCorp Plaza Loan documents permit the transfer of a controlling interest (i.e., the controlling interest held by Scott Rechler, Michael Maturo, Jason Barnett and Marathon at closing) in the TIAA RexCorp Plaza Borrower provided that (a) the transferee is (or is controlled by) an entity that meets certain eligibility criteria set forth in the TIAA RexCorp Plaza Loan documents (including having assets in excess of $1 billion and capital/statutory surplus or shareholder's equity in excess of $500 million); (b) after any such transfer, the TIAA RexCorp Plaza Property is managed by a manager that meets certain eligibility requirements (including at least five (5) years' experience in the management of commercial properties with similar uses as the TIAA RexCorp Plaza Property in the New York metropolitan area); and (c) in the case of a transfer to an entity unaffiliated with the TIAA RexCorp Plaza Borrower, the payment of a transfer fee ($100,000 with respect to the first such transfer and 0.25% of the then outstanding principal amount of the TIAA RexCorp Plaza Loan for each subsequent transfer), (y) payment of all legal and other out-of-pocket costs reasonably incurred by the lender in connection with such transfer and (z) the execution and delivery of a replacement recourse guaranty from a pre-approved transferee or another person or entity (i) acceptable to the lender in its reasonable discretion and (ii) receipt of a rating agency confirmation letter. o ESCROWS AND RESERVES. The TIAA RexCorp Plaza Loan provides for upfront and ongoing reserves as follows: Tax and Insurance Reserve: The TIAA RexCorp Plaza Borrower is required to make monthly contributions into a tax and insurance reserve account in an amount equal to one-twelfth of the amount the lender estimates will be necessary to pay impositions, such as taxes and insurance premiums, over the succeeding twelve months. Ground Rent Reserve: The TIAA RexCorp Plaza Borrower is required to make monthly contributions into a ground rent reserve account in an amount equal to one-twelfth of the amount the lender estimates will be necessary to pay ground rent payments over the succeeding twelve months. Capital Expense and Leasing Reserves: The TIAA RexCorp Plaza Borrower will be required to make monthly contributions into a capital expenditure and leasing reserve account if (i) the subsidiary of TIAA-CREF (or other controlled affiliates of TIAA-CREF) described above no longer owns at least 50% of the aggregate equity interests in the TIAA RexCorp Plaza Borrower and the lender has not determined that the transferee(s) of such interests are sufficiently creditworthy, to warrant the continued non-collection of capital expenditure and leasing reserves and (ii) the LTV of the TIAA RexCorp Plaza Loan is greater than 65%. Letter of Credit: The TIAA RexCorp Plaza Borrower is also permitted to post letters of credit in lieu of funding the real estate taxes, insurance and ground rent reserves. Such letters of credit must be issued by (i) JPMorgan Chase, N.A., (ii) another financial institution having long term unsecured debt obligations rated at least "AA" by Fitch and S&P and "Aa2" by Moody's or (iii) any other financial institution acceptable to the lender in its reasonable discretion. o LOCKBOX AND CASH MANAGEMENT. The TIAA RexCorp Plaza Loan requires a hard lockbox, which is already in place. The TIAA RexCorp Plaza Loan documents require the TIAA RexCorp Plaza Borrower to direct tenants to pay their rents directly to a lender controlled lockbox account. The TIAA RexCorp Plaza Loan documents also require that all rents received by (or on behalf of) the TIAA RexCorp Plaza Borrower or the property manager be deposited into such lender-controlled lockbox account (as well as any other rents, receipts, certain security deposits or payments related to lease termination or default) within two business day after receipt and that funds deposited in such lender-controlled lockbox account be swept on a daily basis into the TIAA RexCorp Plaza Borrower's operating account unless (i) a mezzanine loan permitted under the TIAA RexCorp Plaza Loan documents is outstanding, in which case such amounts will be applied through the cash management "waterfall" established under TIAA RexCorp Plaza Loan or (ii) an event of default is continuing, in which case, such amounts will either be swept into another account controlled by lender and held as cash collateral for the TIAA RexCorp Plaza Loan (which amounts lender may (but is not required to) apply to prepay a portion of the TIAA RexCorp Plaza Loan) or applied by the lender (at the lender's option) in accordance with the above referenced cash management "waterfall". The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -50-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - TIAA REXCORP PLAZA o PROPERTY MANAGEMENT. RexCorp Property Management LLC, an affiliate of the TIAA RexCorp Plaza Borrower, is the property manager for the TIAA RexCorp Plaza Property. The property manager receives a management fee on the TIAA RexCorp Plaza Property equal to 3.0% of gross revenues from the TIAA RexCorp Plaza Property. The lender may require that the TIAA RexCorp Plaza Borrower terminate the property manager following one or more of the following events: (i) an event of default is continuing under the TIAA RexCorp Plaza Loan, (ii) the property manager is in material default under the applicable management agreement(s) beyond applicable notice and cure periods, or (iii) upon the gross negligence, malfeasance or willful misconduct of the property manager that results in a material adverse effect on the TIAA RexCorp Plaza Property or the TIAA RexCorp Plaza Borrower. o MEZZANINE OR SUBORDINATE INDEBTEDNESS. There is currently no mezzanine or subordinate indebtedness related to the TIAA RexCorp Plaza Property. The TIAA RexCorp Plaza Loan documents permit mezzanine financing from an entity that meets certain eligibility criteria set forth in the TIAA RexCorp Plaza Loan documents or an entity approved by the lender and the rating agencies to the holder or holders of all of the direct and indirect ownership interests in the TIAA RexCorp Plaza Borrower, provided that the mezzanine lender enters into an intercreditor agreement with lender and that the approved mezzanine loan: (i) will be in an amount that when added to the TIAA RexCorp Plaza Loan, will result in an aggregate LTV of the TIAA RexCorp Plaza Property of no greater than 85%, (ii) will result in the TIAA RexCorp Plaza Property having an aggregate DSCR of not less than 1.00x (based on actual net operating income and an assumed 7.50% debt service constant), (iii) has a market interest rate and is otherwise on terms and conditions reasonably acceptable to the lender and evidenced by TIAA RexCorp Plaza Loan documents which have been reasonably approved by the lender, (iv) is not secured by any collateral securing the TIAA RexCorp Plaza Loan, (v) creates no obligations or liabilities on the part of the TIAA RexCorp Plaza Borrower and results in no liens on any portion of any TIAA RexCorp Plaza Property or any other collateral securing the TIAA RexCorp Plaza Loan and (vi) either (A) has a term expiring on the February 6, 2017 if after giving effect to such mezzanine loan, the aggregate DSCR (based on actual net operating income and an assumed 7.50% debt service constant) of the TIAA RexCorp Plaza Property is less than 1.08x or (B) has a term expiring no earlier than February 6, 2012 if after giving effect to such mezzanine loan, the aggregate DSCR (based on actual net operating income and an assumed 7.50% debt service constant) of the TIAA RexCorp Plaza Property is greater than or equal to 1.08x. o TERRORISM INSURANCE. The TIAA RexCorp Plaza Loan documents require the TIAA RexCorp Plaza Borrower to maintain terrorism insurance in an amount equal to 100% of the replacement cost of the TIAA RexCorp Plaza Property, provided such coverage is available. In the event that coverage for terrorism is not included as part of the "all risk" property policy, the TIAA RexCorp Plaza Borrower will be required to obtain coverage for terrorism (in the form of stand alone coverage) to the extent available, in an amount equal to 100% of the replacement cost of the TIAA RexCorp Plaza Property, subject to a premium cap of $648,000, adjusted annually by a percentage equal to the increase in the "consumer price index". The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -51-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - INTOWN SUITES PORTFOLIO [SIX (6) PHOTOS OF INTOWN SUITES PORTFOLIO PROPERTIES OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -52-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - INTOWN SUITES PORTFOLIO [MAP AND KEY INDICATING LOCATIONS OF INTOWN SUITES PORTFOLIO PROPERTIES OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -53-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - INTOWN SUITES PORTFOLIO PROPERTY INFORMATION Number of Mortgaged Real Properties 35 Location (City/State) Various Property Type Hospitality Size (rooms) 4,539 Percentage Leased as of December 31, 2006 84.0% Year Built/Year Renovated 1988-2001/2003-2007 Appraisal Value $231,500,000 Underwritten Occupancy 86.0% Underwritten Revenues $42,853,482 Underwritten Total Expenses $21,343,474 Underwritten Net Operating Income (NOI) $21,510,008 Underwritten Net Cash Flow (NCF) (1) $19,367,334 MORTGAGE LOAN INFORMATION Originator GCFP Cut-off Date Principal Balance $186,000,000 Cut-off Date Principal Balance PSF/Room $40,978 Percentage of Initial Mortgage Pool Balance 2.4% Number of Mortgage Loans 1 Type of Security Fee Simple Mortgage Rate 5.747% Original Term to Maturity (Months) 120 Original Amortization Term (Months) 60 IO; 360 thereafter Cut-off Date LTV Ratio 80.3% LTV Ratio at Maturity 74.9% Underwritten DSCR on NOI 1.65x Underwritten DSCR on NCF (1) 1.49x ---------- (1) With the exception of eight properties acquired in 2006, NCF is based on TTM results as of YE2006 for occupancy, other revenues, expenses and the sponsor's budgeted 2007 AWR (average weekly rate). NCF for the eight newly acquired properties is fully based on sponsor's 2007 budgeted results. o NCF is loan seller's NCF, giving credit to rental growth to market levels that is projected to happen in future years based on cash flow models prepared with Argus or other software. There can THE LOAN. The mortgage loan (the "INTOWN SUITES PORTFOLIO LOAN") is evidenced by a single note and is secured by first mortgages encumbering 35 economy extended-stay hotels located in 13 states across the southeast and midwest United States (the "INTOWN SUITES PORTFOLIO PROPERTIES"). The InTown Suites Portfolio Loan represents approximately 2.4% of the initial mortgage pool balance. The InTown Suites Portfolio Loan is expected to be originated on or about June 13, 2007 and have has an original principal balance and a principal balance as of the cut off date of $186,000,000, and an interest rate of 5.747%. The DSCR and LTV on the InTown Suites Portfolio Loan are 1.49x and 80.3%, respectively. The subject acquisition was part of the larger acquisition of InTown Suites Management Inc., the entire InTown Suites operating company consisting of 125 properties and all associated management infrastructure. Including reserves, escrows and closing costs, the acquisition of InTown Suites Management Inc. totals approximately $770 million requiring over $160 million of equity. The InTown Suites Portfolio Loan has an initial term of 120 months and a remaining term of 120 months. The loan is interest-only for the first 60 months and amortizes on a 30-year schedule thereafter. The scheduled maturity date is August 6, 2017. Voluntary prepayment of the InTown Suites Portfolio Loan is prohibited prior to the payment date of July 6, 2017 and permitted on such payment date and thereafter without a penalty. Defeasance with United States government securities or certain other obligations is permitted from August 6, 2009. Additionally, after the August 6, 2009, the borrower is permitted to prepay the InTown Suites Portfolio Loan with the payment of yield maintenance. o THE PROPERTIES. The InTown Suites Portfolio Properties consist of thirty-five economy extended-stay hotel properties, located across 13 states, totaling 4,539 suites. The InTown Suites Portfolio Properties were constructed between 1988 and 2001 and most have undergone renovations between 2003 and 2007. The InTown Suites brand consists of 125 properties, with a total of 16,068 suites. All 125 properties are controlled by the sponsors of the InTown Suites Portfolio Borrowers and there are no franchisees of the InTown Suites brand. InTown Suites properties are rented rooms by the week only, with no nightly room rentals available and thus are able to operate more efficiently than hotels selling rooms nightly. Average stays at InTown Suites properties have historically lasted between 5 and 7 weeks and are longer than other categories of extended-stay hotels. The InTown Suites properties are typically located in high traffic commercial areas on either surface roads or major thoroughfares - strategically located to target growing metropolitan areas and areas that are home to high growth industries. The extended-stay market caters to corporate customers who require housing during periods of relocation, training or temporary assignment. These patrons desire accommodations proximate to their job location that provide amenities typical of an apartment unit, specifically kitchen facilities. In most markets, job training constitutes the largest generator of such demand. The InTown Suites Portfolio Properties are wood frame construction and are typically two or three stories with a combination of exterior and interior corridors. The average suite size at the InTown Suites Portfolio Properties ranges from 250 to 300 sf and typical amenities include full kitchens, a full-size refrigerator, a dining/work area, free cable TV and free high-speed wireless internet, a guest laundry facility, weekly housekeeping, free parking as well as free fax service and local calls. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -54-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - INTOWN SUITES PORTFOLIO The following table presents certain information relating to the InTown Suites Portfolio Properties: ALLOCATED YEAR NUMBER LOAN PROPERTY NAME CITY STATE LOAN AMOUNT YEAR BUILT RENOVATED OF SUITES $/ROOM ---------------------- ---------------- ----- ----------- ---------- --------- --------- ------------ Ashley Phosphate Charleston SC $49,742 1997 2006 139 $ 6,914,145 Charleston Central North Charleston SC 37,168 2001 2006 108 4,014,187 Chesapeake Chesapeake VA 69,925 1996 2006 133 9,300,000 Columbia Northwest Columbia SC 39,815 2000 2006 108 4,300,000 Columbus East Columbus OH 34,434 1997 2005 140 4,820,734 Columbus North Columbus OH 31,618 1997 2005 136 4,300,000 Dayton Dayton OH 38,319 1997 2005 130 4,981,425 Douglasville Douglasville GA 36,850 1996 2004 133 4,901,080 Forest Lane Dallas TX 43,220 1997 2006 145 6,266,955 Forest Park Forest Park GA 39,683 1988 2006 126 5,000,000 Gilbert Gilbert AZ 59,712 1998 2007 139 8,300,000 Greenville North Greenville SC 30,999 1996 2006 127 3,936,933 Greenville South Greenville SC 33,588 1993 2006 131 4,400,000 Gwinnett Norcross GA 32,456 1998 2007 114 3,700,000 Gwinnett Place Duluth GA 50,288 1997 2006 139 6,990,065 Hazelwood Hazelwood MO 35,188 1997 2006 137 4,820,734 Indian Trail Norcross GA 41,244 1996 2007 150 6,186,610 Indianapolis East Indianapolis IN 37,810 1997 2006 136 5,142,117 Indianapolis Northwest Indianapolis IN 44,899 1997 2006 136 6,106,263 Jackson Jackson MS 31,955 1997 2006 133 4,250,000 Lilburn Lilburn GA 37,129 1995 2003 132 4,901,080 Lithia Springs Lithia Springs GA 38,685 2000 2006 108 4,177,970 Matthews Matthews NC 32,138 1995 2006 140 4,499,352 Mobile West Mobile AL 61,598 1999 2006 90 5,543,844 Newport News North Newport News VA 51,111 1996 2005 135 6,900,000 Northside Drive Atlanta GA 50,688 1996 2003 149 7,552,484 Oxmoor Birmingham AL 40,701 1990 2003 152 6,186,609 Pittsburgh Pittsburgh PA 33,424 2000 2006 125 4,177,970 Preston Highway Louisville KY 36,182 1996 2005 151 5,463,499 Raleigh Garner NC 37,910 1997 2007 142 5,383,153 Roswell Roswell GA 54,745 1996 2006 137 7,500,000 St. Charles St. Charles MO 40,458 1997 2006 131 5,300,000 UNC Charlotte NC 29,479 1997 2003 139 4,097,624 Warner Robins Warner Robins GA 28,724 2000 2006 90 2,585,167 Woodstock Woodstock GA 39,744 2000 2006 78 3,100,000 ------- ---- ------------ TOTAL $40,978 4539 $186,000,000 The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -55-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - INTOWN SUITES PORTFOLIO The following table presents certain historical operating performance relating to the InTown Suites Portfolio Properties: 2004 2005 2006 ---------------------- ------------------------ ------------------------ PROPERTY AWR OCC WREVPAR AWR OCC WREVPAR AWR OCC WREVPAR NOTES ---------------------- ------- ---- ------- ------- ------ ------- ------- ------ ------- ----- Ashley Phosphate $184.37 83.4% $153.84 $191.86 90.6% $173.82 $226.46 86.5% $195.96 Charleston Central NAV NAV NAV NAV NAV NAV 225.08 65.3 146.97 (1) Chesapeake 204.20 97.9 199.87 226.81 94.5 214.30 265.41 88.1 233.82 Columbia Northwest NAV NAV NAV NAV NAV NAV 211.14 84.8 179.12 (1) Columbus East 143.55 83.1 119.29 155.33 86.0 133.53 179.92 91.9 165.27 Columbus North 159.84 77.1 123.20 158.31 85.1 134.66 178.55 91.0 162.50 Dayton 154.69 78.4 121.21 164.75 87.7 144.54 190.20 84.1 159.97 Douglasville 157.64 80.3 126.59 163.99 89.9 147.48 175.29 90.0 157.84 Forest Lane 156.58 80.2 125.56 166.39 86.2 143.42 182.45 87.0 158.78 Forest Park 162.84 88.0 143.38 171.70 91.3 156.83 181.27 80.7 146.24 Gilbert NAV NAV NAV 215.65 81.3 175.29 252.22 87.9 221.68 Greenville North 144.51 90.4 130.64 153.33 90.7 139.05 166.96 86.4 144.33 Greenville South 136.75 87.0 118.97 148.81 90.4 134.49 169.73 85.2 144.64 Gwinnett NAV NAV NAV NAV NAV NAV 195.52 70.4 137.62 (1) Gwinnett Place 164.25 86.7 142.39 176.54 93.2 164.58 206.74 89.1 184.30 Hazelwood 182.25 84.3 153.72 192.44 88.8 170.93 205.87 81.8 168.49 Indian Trail 150.30 81.8 122.92 162.72 93.2 151.72 176.40 92.1 162.47 Indianapolis East 164.05 86.8 142.39 165.49 81.0 134.08 178.22 91.8 163.52 Indianapolis Northwest 157.29 81.0 127.35 167.55 82.6 138.48 198.42 81.2 161.13 Jackson 156.60 82.9 129.77 168.94 91.4 154.34 202.62 81.9 165.93 Lilburn 156.42 87.2 136.37 166.89 85.6 142.80 176.02 83.0 146.08 Lithia Springs NAV NAV NAV NAV NAV NAV 192.96 51.4 99.23 Matthews 155.07 64.6 100.23 158.65 85.5 135.71 173.71 77.3 134.21 Mobile West NAV NAV NAV NAV NAV NAV 281.10 84.3 236.87 (1) Newport News North 197.53 92.4 182.52 214.34 84.1 180.29 234.38 84.0 196.91 Northside Drive 175.22 88.2 154.52 194.00 89.2 173.10 218.54 89.1 194.71 Oxmoor 161.39 90.1 145.40 173.93 95.1 165.34 197.37 83.0 163.81 Pittsburgh 180.80 83.2 150.47 185.02 80.6 149.08 198.33 89.9 178.28 Preston Highway 156.08 86.4 134.80 163.21 82.8 135.09 172.68 86.3 148.95 Raleigh NAV NAV NAV NAV NAV NAV 186.57 87.9 163.98 (1) Roswell 173.42 89.7 155.54 185.21 96.3 178.33 212.83 89.6 190.74 St. Charles 185.79 80.5 149.50 188.15 82.9 155.95 202.47 81.7 165.42 UNC 153.32 65.7 100.73 164.78 86.5 142.51 177.35 75.2 133.37 Warner Robins NAV NAV NAV NAV NAV NAV 205.24 52.8 108.27 (1) Woodstock NAV NAV NAV NAV NAV NAV 191.66 73.9 141.64 (1) ------- ---- ------- ------- ---- ------- ------- ---- ------- TOTAL (2) $164.95 83.7% $138.09 $174.64 88.1% $153.91 $197.77 84.0% $166.17 ---------- Note: "AWR" and "WRevPar" are Average Weekly Rate and Weekly Revenue Per Available Room, respectively. (1) The operating statistics shown for these properties are based on partial year performance beginning from the date of acquisition in 2006. (2) Weighted averages include historical performance from the later of 1/1/04 and date of acquisition. o THE BORROWERS. The borrowers (collectively the "INTOWN SUITES PORTFOLIO BORROWERS") are BEC Atlanta Gwinnett, LLC, BEC Charleston Central, LLC, BEC Columbia Northwest, LLC, BEC Lithia Springs, LLC, BEC Warner Robins, LLC, InTown Properties I, LLC, InTown Properties II, LLC, InTown Properties IV, LLC, InTown Properties V, LLC, InTown Properties VI, LLC, InTown Suites Gilbert, LLC, InTown Suites Mobile West, LLC, InTown Suites Pittsburgh, LLC, InTown Suites Raleigh, LLC, and InTown Suites Woodstock, LLC, each a special-purpose, bankruptcy-remote Delaware limited liability company with an independent director and springing member. Legal counsel to the InTown Suites Portfolio Borrowers delivered a non-consolidation opinion in connection with the origination of the InTown Suites Portfolio Loan. The sponsors of the borrowers are Kimco Realty Corporation ("KIMCO") and Westmont Hospitality Group ("WESTMONT"). Kimco, operating as a REIT, is one of the largest publicly traded owner and operator of community shopping centers in North America. As of June 6, 2007, based on the closing stock price for Kimco on the New York Stock Exchange on that date, Kimco had a market capitalization of $11.3 billion. Kimco also develops retail properties for sale, invests in non-retail related real estate, real estate-related securities and mortgages secured by real estate and provides capital and expertise to retailers with surplus real estate. Westmont is one of the largest privately-held owner/operators of hotel assets across the world and currently owns an interest in and/or operates over 380 hotels containing more than 60,000 guestrooms throughout North America, Europe and Asia. Westmont's portfolio includes limited service, full service and luxury hotels, ranging in size from 50 to 700 guestrooms. InTown Hospitality Corp., the indirect owner of the InTown Suites Portfolio Properties, will be the non-recourse carve-out guarantor for the InTown Suites Portfolio Loan. The The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -56-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - INTOWN SUITES PORTFOLIO InTown Suites Portfolio Properties were acquired as part of the acquisition of the entire InTown Suites hotel company through the acquisition of the outstanding shares of InTown Suites Management, Inc. Prior to the sponsor's acquisition of the company, InTown Suites was a wholly owned subsidiary of a private equity fund whose general partner is Lazard Freres Real Estate Investors LLC. o OPERATING LEASE. Pursuant to an operating lease structure, each of the InTown Suites Portfolio Borrowers, as lessors, entered into an operating lease (the "OPERATING LEASE") with IT Tenant RBS, LLC as lessee (the "OPERATING TENANT"). The Operating Tenant executed a Subordination and Security Agreement pursuant to which (i) the Operating Tenant granted to lender a security interest in all property of the Operating Tenant pursuant to the Operating Lease and (ii) lender is entitled to terminate the Operating Lease upon the exercise of remedies under the loan documents or if the Operating Tenant becomes insolvent or a debtor in a bankruptcy proceeding. o PROPERTY RELEASES. The InTown Suites Portfolio Loan documents permit the release of any or all of the InTown Suites Portfolio Properties after the Release Date, and in connection with a bona fide third party sale or refinance of such property, subject to the satisfaction of certain conditions, including: (i) a partial prepayment or defeasing of a portion of the principal equal to the Release Amount of InTown Suites Portfolio Property (defined as (x) until such time that the LTV as defined in the loan documents is 65% or greater, 120% of the allocated loan amount for such property, and (y) from and after the date that the LTV is reduced to less than 65%, 110% of the allocated loan amount for such property); (ii) after giving effect to such release, the underwritten DSCR for all of the InTown Suites Portfolio Properties will be not less than the greater of (1) the closing date underwritten DSCR and (2) the lesser of (A) the underwritten DSCR immediately preceding to such release or (B) 1.50:1.00 with respect to any release occurring on or before July 6, 2014, or 1.65:1.00 with respect to any release thereafter; (iii) no event of default then exists under the loan documents and (iv) other standard conditions. o ESCROWS. The InTown Suites Portfolio Loan documents provide for certain escrows including real estate taxes and insurance premiums. Tax and Insurance Reserve: The InTown Suites Portfolio Borrower is required to make monthly contributions into a tax and insurance reserve account in an amount equal to one-twelfth of the amount the lender estimates will be necessary to pay impositions, such as taxes and insurance premiums, over the then succeeding twelve month period. FF&E Reserve: The InTown Suites Portfolio Borrower is required to make monthly contributions equal to one-twelfth of 5% of the annual operating income into an FF&E reserve. At closing, the InTown Suites Portfolio Borrower deposited $1,500,000 to the FF&E reserve. o LOCKBOX AND CASH MANAGEMENT. The loan requires a hard lockbox, which is already in place. The loan documents require the InTown Suites Portfolio Borrowers and the Operating Tenant to direct credit card receipts directly to lender-controlled accounts, and that all rents received by the InTown Suites Portfolio Borrower or the property manager be deposited into the lender controlled account (as well as any other rents, receipts, security deposits or payments related to lease termination or default) within one business day of receipt. All funds in these accounts are automatically swept into a central lender-controlled account. Unless a "CASH MANAGEMENT PERIOD" (triggered by an event of default under the loan documents or if the DSCR falls below 1.10x) is in effect, on each regularly scheduled payment date, any amounts in the lender-controlled account, after payment of debt service and required reserves, is disbursed to the InTown Suites Portfolio Borrowers or the Operating Tenant. During a Cash Management Period, all remaining cash (after payment of debt service, reserves and approved operating expenses) is required to be deposited into a cash collateral account which may be applied to prepay the debt upon an event of default under the InTown Suites Portfolio Loan. o PROPERTY MANAGEMENT. There is no property management agreement in effect for the InTown Suites Portfolio Properties. Under the Operating Lease, the Operating Tenant is responsible for day-to-day management of the InTown Suites Portfolio Properties. The lender may require the borrowers to appoint a property manager if (i) an event of default is continuing, (ii) there is an event of default under the Operating Lease with respect to the provisions pertaining to the operation of the properties or under any management agreement (if any), (iii) upon the gross negligence, malfeasance or willful misconduct of the Operating Tenant or any property manager (if any) or, (iv) if the DSCR falls below 1.10x. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -57-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - INTOWN SUITES PORTFOLIO o MEZZANINE OR SUBORDINATE INDEBTEDNESS. There is currently no mezzanine or subordinate indebtedness related to the InTown Suites Portfolio Properties. The loan documents permit the holder(s) of direct or indirect interests in the InTown Suites Portfolio Borrowers to obtain mezzanine financing from an approved institutional mezzanine loan lender and pledge their ownership interests to such mezzanine lender, provided that (i) the mezzanine lender enters into an intercreditor agreement with lender, (ii) the borrower delivers a letter from each rating agency rating the 2007-GG10 certificates that entering into the mezzanine loan will not cause the downgrade or qualification of any of the ratings on the certificates, (iii) the mezzanine loan will be in an amount that when added to the then outstanding principal balance of the InTown Suites Portfolio Loan will result in a combined LTV percentage of no more than 80%, (iv) the mezzanine loan will be coterminous with the InTown Suites Portfolio Loan, and (v) is otherwise on terms and conditions reasonably acceptable to lender and evidenced by loan documents which have been reasonably approved by lender. o TERRORISM INSURANCE. The loan documents require the borrower to maintain terrorism insurance in an amount equal to 100% of the replacement cost of the InTown Suites Portfolio Properties, provided that such coverage is available. In the event that coverage for terrorism is not included as part of the "all risk" property policy, the InTown Suites Portfolio Borrowers will, nevertheless be required to obtain coverage for terrorism (as stand alone coverage) to the extent available, in an amount equal to 100% of the replacement cost of the InTown Suites Portfolio Properties, plus rental loss an/or business interruption coverage, provided that such coverage is available. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -58-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - 550 SOUTH HOPE STREET [LARGE PHOTO OF 550 SOUTH HOPE STREET OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -59-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - 550 SOUTH HOPE STREET [TWO (2) MAPS INDICATING LOCATION OF 550 SOUTH HOPE STREET OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -60-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - 550 SOUTH HOPE STREET PROPERTY INFORMATION Number of Mortgaged Real Properties 1 Location (City/State) Los Angeles, California Property Type Office Size (sf) 566,434 Percentage Leased as of March 27, 2007 89.3% Year Built 1991 Appraisal Value $235,000,000 Underwritten Occupancy 90.4% Underwritten Revenues $19,849,897 Underwritten Total Expenses $7,479,064 Underwritten Net Operating Income (NOI) $12,370,833 Underwritten In Place Cash Flow (IPCF) (1) $9,408,028 Underwritten Net Cash Flow (NCF) (2) $11,889,516 MORTGAGE LOAN INFORMATION Originator GCFP Cut-off Date Principal Balance $165,000,000 Cut-off Date Principal Balance PSF/Unit $291.30 Percentage of Initial Mortgage Pool Balance 2.2% Number of Mortgage Loans 1 Type of Security Fee Simple Mortgage Rate 5.535% Original Term to Maturity (Months) 120 Original Amortization Term (Months) Interest Only Cut-off Date LTV Ratio 70.2% LTV Ratio at Maturity 70.2% Underwritten DSCR on NOI 1.33x Underwritten DSCR on IPCF (1) 1.01x Underwritten DSCR on NCF (2) 1.28x ---------- (1) IPCF is the loan sellers underwritten NOI, adjusted for in place leases and expenses, but giving no credit to rental growth expected to occur in future years or upon stabilization. (2) NCF is loan seller's NCF, giving credit to rental growth to market levels that is projected to happen in future years based on cash flow models prepared with Argus or other software. There can be no assurance that the property will ever attain or exceed the stated NCF. o THE LOAN. The mortgage loan (the "550 SOUTH HOPE STREET TRUST LOAN") is evidenced by a single note and is secured by a first priority mortgage encumbering the class-A office building located at 550 South Hope Street, Los Angeles, California (the "550 SOUTH HOPE STREET PROPERTY"). The 550 South Hope Street Trust Loan represents approximately 2.2% of the initial mortgage pool balance. The 550 South Hope Street Trust Loan was originated on April 24, 2007, has an original principal balance and a principal balance as of the cut-off date of $165,000,000, and an interest rate of 5.535%. The DSCR and LTV on the 550 South Hope Street Trust Loan are 1.28x and 70.2%, respectively. The proceeds of the 550 South Hope Street Loan were used by the borrower to acquire the 550 South Hope Street Property along with 24 other properties for a total portfolio acquisition price of approximately $2.875 billion. The 550 South Hope Street Trust Loan is the senior portion of a whole mortgage loan with an original principal balance of $200,000,000. The companion loan to the 550 South Hope Street Trust Loan is evidenced by a separate note with an original principal balance and a principal balance as of the cut-off date of $35,000,000 (the "550 SOUTH HOPE STREET SUBORDINATE COMPANION LOAN") and an interest rate of 6.31031429% per annum. The 550 South Hope Street Subordinate Companion Loan is not an asset of the trust. The 550 South Hope Street Trust Loan and the 550 South Hope Street Subordinate Companion Loan (collectively, the "550 SOUTH HOPE STREET LOAN") are governed by a co-lender agreement, as described in the prospectus supplement under "Description of the Mortgage Pool--The Whole Loans". The DSCR and LTV of the 550 South Hope Street Loan are 1.03x and 85.1%, respectively. The 550 South Hope Street Trust Loan has an initial term of 120 months and a remaining term of 118 months. The 550 South Hope Street Trust Loan is interest-only for the entire term. The scheduled maturity date is May 6, 2017. Voluntary prepayment of the 550 South Hope Street Loan is permitted at any time. Prepayments made prior to February 6, 2017 must be accompanied with the payment of yield maintenance, and may be made without penalty thereafter. Defeasance with United States government securities or certain other obligations is also permitted from August 6, 2009. o THE PROPERTY. The 550 South Hope Street Property is a 566,235-sf, 28-story class-A office building and a six-level subterranean parking garage. The 550 South Hope Street Property is located in the downtown submarket of Los Angeles' central business district. Built in 1991, the asset is one of the most recent office developments in the downtown market and was built as a joint venture development between Koll Company and Obayashi Corp. The 550 South Hope Street Property has 538,147 sf of office space, 28,088 sf of retail and 552 parking spaces. As of March 27, 2007, the 550 South Hope Street Property was 89.3% leased to approximately 45 tenants. The three largest tenants in the building are Howrey Simon Arnold & White (100,498 sf) through September 2017, DLA Piper Rudnick Gray Cary (48,791 sf) through June 2018, and California Bank & Trust (37,551 sf) through April 2014. Howrey Simon Arnold & White has approximately 540 attorneys throughout the US and maintains its third largest office at the 550 South Hope Street Property. DLA Piper Rudnick is one of the 25 largest law firms in the country according to the Internet Legal Research Group. According to the the annual report of its parent, Zions Bancorporation, filed on Form 10-K with The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -61-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - 550 SOUTH HOPE STREET the United States Securities and Exchange Commission on March 31, 2007, as of December 31, 2006, California Bank & Trust had over $10 billion in assets and over 90 branches throughout the State of California. The following table presents certain information relating to the major tenants at the 550 South Hope Street Property: TEN LARGEST TENANTS BASED ON ANNUALIZED UNDERWRITTEN BASE RENT ANNUALIZED % OF TOTAL UNDERWRITTEN ANNUALIZED ANNUALIZED BASE RENT CREDIT RATING TENANT % OF UNDERWRITTEN UNDERWRITTEN ($ PER LEASE TENANT NAME (FITCH/MOODY'S/S&P)(1) NRSF NRSF BASE RENT ($) BASE RENT NRSF) EXPIRATION ----------------------- ---------------------- ------- ----- ------------- ------------ ------------ ----------- Howrey Simon Arnold NR/NR/NR 100,498 17.7% $1,870,284 22.7% $18.61 9/30/2017 DLA Piper Rudnick NR/NR/NR 48,791 8.6% 758,760 9.2% 15.55 6/30/2018 California Bank & Trust A-/A1/NR 37,551 6.6% 525,720 6.4% 14.00 4/30/2014 WM Keck Foundation NR/NR/NR 21,746 3.8% 391,428 4.8% 18.00 11/30/2014 Her Majesty The Queen 21,273 3.8% 348,877 4.2% 16.40 11/30/2010 General RE Service 21,273 3.8% 329,732 4.0% 15.50 12/14/2011 ------- ----- ---------- ----- ------ TOTAL LARGEST TENANTS 251,132 44.3% $4,224,800 51.4% $16.82 Remaining Tenants 254,777 45.0% 3,996,979 48.6% 15.69 Vacant Space 60,525 10.7% 0 0.0% 0.00 ------- ----- ---------- ----- ------ TOTAL ALL TENANTS 566,434 100.0% $8,221,779 100.0% $16.25 ---------- (1) Certain ratings are those of the parent company whether or not the parent guarantees the lease. The following table presents certain information relating to the lease rollover schedule at the 550 South Hope Street Property: LEASE EXPIRATION SCHEDULE(1) % OF TOTAL ANNUALIZED CUMULATIVE ANNUALIZED ANNUALIZED UNDERWRITTEN YEAR ENDING % OF TOTAL OF TOTAL UNDERWRITTEN UNDERWRITTEN BASE RENT DECEMBER 31, EXPIRING NRSF NRSF NRSF BASE RENT BASE RENT ($ PER NRSF) --------------- ------------- ---------- ---------- ------------ ------------ ------------- 2007 7,044 1.2% 1.2% $ 101,952 1.2% $14.47 2008 44,109 7.8% 9.0% 652,108 7.9% 14.78 2009 70,998 12.5% 21.6% 1,088,466 13.2% 15.33 2010 62,560 11.0% 32.6% 1,028,106 12.5% 16.43 2011 47,184 8.3% 40.9% 765,950 9.3% 16.23 2012 45,082 8.0% 48.9% 715,017 8.7% 15.86 2013 6,239 1.1% 50.0% 101,197 1.2% 16.22 2014 59,297 10.5% 60.5% 917,148 11.2% 15.47 2015 14,107 2.5% 63.0% 222,793 2.7% 15.79 2016 0 0.0% 63.0% 0 0.0% 0.00 2017 Thereafter 149,289 26.4% 89.3% 2,629,044 32.0% 17.61 Vacant 60,525 10.7% 100.0% ------- ----- ---------- ----- ------ TOTAL 566,434 100.0% $8,221,779 100.0% $16.25 ---------- (1) Calculated based on approximate square footage occupied by each tenant. o THE BORROWER. The borrower (the "550 SOUTH HOPE STREET BORROWER") is Maguire Properties-550 South Hope, LLC, a single asset, special purpose, bankruptcy remote Delaware limited liability company with two independent directors. Legal counsel to the 550 South Hope Street Borrower delivered a non consolidation opinion in connection with the origination of the 550 South Hope Street Loan. The sponsor of the 550 South Hope Street Borrower is Maguire Properties, Inc., ("MPI") a publicly traded REIT with a market capitalization of $1.6 billion as of May 16, 2007. Robert F. Maguire III, the largest shareholder, chairman of the board and Co-Chief Executive Officer of MPI, is an experienced real estate investor. In 1965, Robert F. Maguire III founded MPI's predecessor, Maguire Partners, to own, manage, develop and acquire office properties in the Southern California market. Over its 42-year history, Maguire Partners established a successful record of developing class-A buildings. MPI is one of the largest commercial real estate developers and owners headquartered on the West Coast and one of the nation's largest developers of class-A quality office and mixed use properties. The company specializes in large, architecturally significant projects, and has developed a number of significant projects in Los Angeles County, including US Bank Tower, Gas Company Tower, and KPMG Tower. MPI's subsidiary, Maguire Properties, L.P. ("MPLP"), guaranteed the non-recourse carveouts of the 550 South The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -62-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - 550 SOUTH HOPE STREET Hope Street Loan. The 550 South Hope Street Borrower is affiliated with the borrowers under the mortgage loans identified on Annex C-1 to the prospectus supplement as Two California Plaza, Wells Fargo Tower, Maguire Anaheim Portfolio, Lincoln Town Center, and 3800 Chapman, which are also assets of the trust and are located in the Los Angeles and Orange County MSA's. As of June 7, 2007, MPI's aggregate ownership of downtown commercial real estate was 8,210,898 sf or 36.4% of the downtown class-A market. o ESCROWS. The loan documents provide for certain escrows including real estate taxes and insurance premiums. Tax and Insurance Reserve: The 550 South Hope Street Borrower is required to make monthly contributions into a tax and insurance reserve account in an amount equal to one-twelfth of the amount the lender estimates will be necessary to pay impositions, such as taxes and insurance premiums, over the then succeeding twelve month period. Capital Expense Reserve: The 550 South Hope Street Borrower is required to make monthly contributions into a capital expenditure reserve account in an amount equal to $9,430. Leasing Reserve: The 550 South Hope Street Borrower made an initial deposit of $4,070,000 ($7.19 psf) into a leasing reserve account. In addition, commencing on June 6, 2009, the 550 South Hope Street Borrower is required to make monthly contributions into the leasing reserve in an amount initially equal to $47,148 ($1.08 psf / year). As of June 7, 2007, $4,073,345 remained in the account. Debt Service Reserve: The 550 South Hope Street Borrower made a deposit of $4,500,000 into a debt service reserve to cover potential shortfalls in the amount of revenue from the 550 South Hope Street Property available to pay the monthly interest payments required under the 550 South Hope Street Loan. Any funds remaining on deposit in the debt service reserve will be released to the 550 South Hope Street Borrower when the lender has determined that the 550 South Hope Street Property has achieved an actual DSCR of at least 1.10x for two consecutive calendar quarters. As of June 7, 2007, $4,503,698 remained in the account. o LOCKBOX AND CASH MANAGEMENT. The 550 South Hope Street Loan requires a hard lockbox, which is already in place. The 550 South Hope Street Loan documents require the 550 South Hope Street Borrower to direct tenants to pay their rents directly to a lender controlled account and that all rents received by the 550 South Hope Street Borrower or the property manager be deposited into the lender controlled account (as well as any other rents, receipts, security deposits or payments related to lease termination or default) within one business day of receipt. Amounts on deposit in the lockbox account are swept on a daily basis into the 550 South Hope Street Borrower's operating account unless an event of default is continuing or, commencing on December 31, 2009, the actual DSCR is less than 1.05x (a "DSCR CASH MANAGEMENT PERIOD"). During a DSCR Cash Management Period, amounts in the lender-controlled account will be swept into another account controlled by lender and applied to the payment of monthly interest payments, operating expenses and any required reserves under the 550 South Hope Street Loan documents and any excess cash will be held by the lender. In the event that a DSCR Cash Management Period is continuing, the 550 South Hope Street Borrower has the right to post a letter of credit in an amount equal to the portion of the then-outstanding principal of the 550 South Hope Street Loan such that the actual DSCR of at least 1.05x would be maintained on the loan after repayment of the amount of such letter of credit. If an event of default is continuing or during a DSCR Cash Management Period, amounts in the lender-controlled account will be swept into another account controlled by lender and applied to pay the monthly interest payments, operating expenses and any required reserves under the 550 South Hope Street Loan documents. At any time during the continuance of an event of default, lender may apply any sums then held pursuant to the 550 South Hope Street Loan documents to the payment of the debt with the applicable yield maintenance premium. Additionally, if a DSCR Cash Management Period is continuing for two consecutive calendar quarters, lender may use the monies in the cash collateral account to prepay the 550 South Hope Street Loan with the applicable yield maintenance premium. o PROPERTY MANAGEMENT. MPLP, an affiliate of the 550 South Hope Street Borrower, is the property manager for the 550 South Hope Street Loan. The lender may cause the 550 South Hope Street Borrower to replace the property manager with a manager approved by the lender, subject to the consent of the rating agencies, if (i) an event of default occurs and is not cured, (ii) a bankruptcy of MPLP occurs, (iii) the maturity date has occurred and the 550 South Hope Street Loan is not repaid, (iv) the property manager's gross negligence, malfeasance or willful misconduct or (v) the manager defaults under the property management agreement beyond any applicable notice or cure period. Thereafter, the 550 South Hope Street The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -63-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - 550 SOUTH HOPE STREET Borrower may not enter into any agreement relating to the management of the 550 South Hope Street Property with any party without the express written consent of lender and, if required, the rating agencies. The management fee is equal to 3.0% of all rent and other income collected from tenants at the 550 South Hope Street Property. Leasing commissions are payable separately based on a fixed schedule. MPLP contracts out certain services to an affiliated subcontractor pursuant to a services subcontract that is terminable by either party on 30 days' notice. o MEZZANINE OR SUBORDINATE INDEBTEDNESS. There is currently no mezzanine or subordinate indebtedness related to the 550 South Hope Street Property. The 550 South Hope Street Loan documents permit MPI, MPLP or any entity holding any direct or indirect interests in MPI or MPLP, to pledge their indirect ownership interests in the 550 South Hope Street Borrower (but not the foreclosure thereon) to any permitted institutional transferee providing a corporate line of credit or other financing to MPI, MPLP or any entity holding any direct or indirect interests in MPI or MPLP, provided that the indirect interests in the 550 South Hope Street Borrower that are pledged as collateral comprise no more than 33% of the total value of the collateral for such line of credit or other financing, and provided that (i) no default has occurred and remains uncured and (ii) lender has received payment of, or reimbursement for, all costs and expenses incurred by lender in connection with such pledges (including, but not limited to, reasonable attorneys' fees and costs and expenses of the rating agencies). o TERRORISM INSURANCE. The 550 South Hope Street Loan documents require the 550 South Hope Street Borrower to maintain terrorism insurance. The 550 South Hope Street Property has terrorism coverage as part of its sponsor's blanket "all-risk" property coverage. The 550 South Hope Street Borrower is not required to spend in excess of an amount equal to 150% of the aggregate amount of all insurance premiums payable for all insurance coverage required under the 550 South Hope Street Loan with respect to the 550 South Hope Street Property and all other properties owned by MPLP or its affiliates for the last policy year adjusted annually by the Consumer Price Index (such amount, the "TERRORISM INSURANCE CAP") for such coverage and, in the event that the coverage is not available at a per annum cost of the Terrorism Insurance Cap, then 550 South Hope Street Borrower is required to purchase insurance covering "certified acts of terrorism" at the 550 South Hope Street in an amount equal to the principal balance of the 550 South Hope Street Loan, but is not required to maintain the full amount of such coverage if such coverage is not available at a per annum cost of the Terrorism Insurance Cap or less, provided that in the event that the Terrorism Insurance Cap is not sufficient to purchase such coverage in an amount equal to the principal balance of the 550 South Hope Street Loan, then the 550 South Hope Street Borrower will obtain the greatest amount of coverage obtainable at a per annum cost of the Terrorism Insurance Cap. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -64-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - HARBOR POINT APARTMENTS [LARGE PHOTO OF HARBOR POINT APARTMENTS OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -65-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - HARBOR POINT APARTMENTS [TWO (2) MAPS INDICATING LOCATION OF HARBOR POINT APARTMENTS OMITTED] The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -66-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - HARBOR POINT APARTMENTS PROPERTY INFORMATION Number of Mortgaged Real Properties 1 Location (City/State) Boston, Massachusetts Property Type Multifamily Size (units) 1,283 Percent Leased as of March 21, 2007 95.3% Year Built/Year Renovated 1950 / 2006 Appraisal Value $206,000,000 Underwritten Occupancy 96.6% Underwritten Revenues $26,143,725 Underwritten Total Expenses $13,060,094 Underwritten Net Operating Income (NOI) $13,083,631 Underwritten In Place Cash Flow (IPCF) (1) $11,341,307 Underwritten Net Cash Flow (NCF) (2) $13,083,630 MORTGAGE LOAN INFORMATION Originator GCFP Cut-off Date Principal Balance $160,500,000 Cut-off Date Principal Balance PSF/Unit $125,097 Percentage of Initial Mortgage Pool Balance 2.1% Number of Mortgage Loans 1 Type of Security Leasehold Mortgage Rate 6.544% Original Term to Maturity (Months) 120 Original Amortization Term (Months) 36 IO; 480 thereafter Cut-off Date LTV Ratio 77.9% LTV Ratio at Maturity 75.0% Underwritten DSCR on NOI 1.15x Underwritten DSCR on IPCF (1) 1.00x Underwritten DSCR on NCF (2) 1.15x ---------- (1) IPCF is the loan sellers underwritten NOI, adjusted for in place leases and expenses, but giving no credit to rental growth expected to occur in future years or upon stabilization. (2) NCF is loan seller's NCF, giving credit to rental growth to market levels that is projected to happen in future years based on cash flow models prepared with Argus or other software. There can be no assurance that the property will ever attain or exceed the stated NCF. o THE LOAN. The mortgage loan (the "HARBOR POINT APARTMENTS LOAN") is evidenced by a single note and is secured by a first mortgage encumbering a 1,283-unit apartment complex located in Boston, Massachusetts (the "HARBOR POINT APARTMENTS PROPERTY"). The Harbor Point Apartments Loan represents approximately 2.1% of the initial mortgage pool balance. The Harbor Point Apartments Loan was originated on June 8, 2007, had an original principal balance and a principal balance as of the cut-off date of $160,500,000 and an interest rate of 6.544% per annum. The DSCR and LTV on the Harbor Point Apartments Loan are 1.15x and 77.9%, respectively. The proceeds of the Harbor Point Apartments Loan were used by the borrower to refinance existing debt, pay certain expenses and fund reserves under the Harbor Point Apartments Loan. The Harbor Point Apartments Loan had an initial term of 120 months and has a remaining term of 120 months. The Harbor Point Apartments Loan is interest-only for the first 36 months and amortizes on a 40-year schedule thereafter. The scheduled maturity date is July 6, 2017. Voluntary prepayment of the Harbor Point Apartments Loan is prohibited prior to the payment date of April 6, 2017 and permitted thereafter without penalty. Defeasance with United States government securities or certain other obligations is permitted from August 6, 2009. o THE PROPERTY. The Harbor Point Apartments Property contains a total of 1,283 residential units within 53 residential buildings situated in a community-style setting. The Harbor Point Apartments Property also includes three community buildings and four commercial retail units totaling 21,900 square feet. Originally designed as a public-housing project, completed in 1954, Harbor Point Apartments Property was completely redeveloped during 1986 to 1990 for a total cost in excess of $250 million. The redevelopment followed the "New Urbanism" design theory with a lower density mixture of mid-rise brick apartment buildings and clapboard-sided, 3-story, attached townhouse clusters which, unlike the original development, are situated to provide views of the surrounding bay and downtown Boston. Parking for the residents is provided in two, two-level garages or via on-street parking. The current unit mix consists of 883 market rate units and 400 subsidized units. The Harbor Point Apartments Property was one of the first federal housing projects in the United States to be transferred to and controlled by a private developer for redevelopment and operation as mixed-income housing. The following table shows the unit mix at the Harbor Point Apartments Property: % OF UNIT TYPE MARKET RATE SUBSIDIZED TOTAL UNITS ------------- ----------- ---------- ----- ----- One Bedroom 309 57 366 28.5% Two Bedroom 530 128 658 51.3% Three Bedroom 42 141 183 14.3% Four Bedroom 2 58 60 4.7% Five Bedroom 0 12 12 0.9% Six Bedroom 0 4 4 0.3% --- --- ---- ----- TOTAL 883 400 1283 100.0% The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -67-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - HARBOR POINT APARTMENTS The amenities at the Harbor Point Apartments Property include free parking, on-site recreational facilities, on-site laundry facilities and shuttle service to nearby public transit. A health club, business center, clubhouse and daycare center are located in stand alone buildings, separate from the residential units. The recreation facilities include two swimming pools and multiple tennis and basketball courts. The Harbor Point Apartments Property also benefits from extensive landscaping as well as expansive parks and green space, which account for over 20 acres of the 45 acre site. The Harbor Point Apartments Property is located on Columbia Point Peninsula which is also home to several large institutions, including the Boston campus of the University of Massachusetts, the Boston Globe, the John F. Kennedy Library, and Boston College High School. Additionally, the Bayside Expo Center is located west of the Harbor Point Apartments Property, as well as the full-service Doubletree - Boston Bayside hotel which is an asset of the GG10 trust fund. The Harbor Point Apartments Property is conveniently located approximately 3 miles south of downtown Boston, with easy access to a nearby commuter train stop (Red Line). Ground Lease. The Harbor Point Apartments Property is subject to a 99 year ground lease at $1 per year from the Boston Housing Authority, which owns the fee interest. The term of the ground lease expires on November 26, 2085. In the event that the Subordinate Loans (as defined under "--Mezzanine or Subordinate Indebtedness" below) have been paid in full, the ground rent shall also include certain incentive payments to the ground lessor out of excess property cash flow. A covenant within the ground lease requires Corcoran, Mullins, Jennison, Inc. ("CMJ") to maintain 400 subsidized housing units at the property (350 of those units are subsidized by the Department of Housing and Urban Development's Housing Assistance Program under a contract which expires in 2019; 50 units are subsidized by the Boston Housing Authority under an annually renewable contract). The ground lease generally contains standard mortgagee protection provisions. o THE BORROWER. The borrower ("HARBOR POINT APARTMENTS BORROWER") Harbor Point Apartments Company Limited Partnership is a single-asset, special-purpose, bankruptcy-remote Massachusetts limited partnership with an independent director. Legal counsel to the Harbor Point Apartments Borrower delivered a non-consolidation opinion in connection with the origination of the Harbor Point Apartments Loan. The sponsor of the Harbor Point Apartments Borrower is CMJ. CMJ, Keen Development Corporation and Cruz Columbia Point, Inc. provided a recourse carveout guaranty for the Harbor Point Apartments Loan. In addition, the principals of CMJ, Joseph E. Corcoran, Gary Jennison and Joseph R. Mullins, provided a joint and several limited recourse carveout guaranty for the Harbor Point Apartments Loan (the "INDIVIDUALS RECOURSE GUARANTY"), which provides recourse for certain fraudulent acts, non-permitted transfer and bankruptcy events. The aggregate liability of the guarantors under the Individuals Recourse Guaranty is capped at $7 million. CMJ is an affiliate of Corcoran Jennison Companies, Inc. ("CJC"), which is a Boston-based, multifaceted real estate development, management, and ownership company. Founded in 1971, the company has successfully developed over $2.6 billion worth of commercial, residential and hotel & resort properties. CJC currently controls and manages over 23,000 units of residential housing, over 1.2 million square feet of commercial space, 1,000 hospitality units, and over 300,000 square feet of exhibition space. The properties under management are located in 15 states, and the estimated value of assets under management/control is approximately $2 billion. o ESCROWS AND RESERVES. The Harbor Point Apartments Loan provides for upfront and ongoing reserves as follows: Tax and Insurance Reserve: The Harbor Point Apartments Borrower is required to make monthly contributions into a tax and insurance reserve account in an amount equal to one-twelfth of the amount the lender estimates will be necessary to pay impositions, such as taxes and insurance premiums, over the succeeding twelve months. Deferred Maintenance Reserve: At closing, the Harbor Point Apartments Borrower deposited $3,145,000 into a deferred maintenance reserve for the payment of short term or immediate required repairs at the Harbor Point Apartments Property. Upon completion of all such short term and immediate repairs, any excess funds shall be transferred to the Capital Expense Reserve described below. Capital Expense Reserves: At closing, the Harbor Point Apartments Borrower deposited $12,027,972 into a capital expenditure reserve for the payment of approved capital expenses at the Harbor Points Apartment Property. Whenever the amount of funds on deposit in this reserve is less than $1,925,000, the Harbor Point Apartments Borrower is required to replenish the reserve from excess cash flow. In addition, on or before May 1 of the first five years of the loan term the The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -68-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - HARBOR POINT APARTMENTS Harbor Points Apartment Borrower is required to deposit into this reserve an amount equal to the excess cash flow for the preceding calendar year (i.e., the partial year 2007 (from June 1, 2007 through December 31, 2007) and the 12-month period ending December 31 of each of 2008, 2009, 2010 and 2011, respectively). During the remainder of the loan term, excess cash shall be deposited in this reserve as and to the extent required by MHFA (as defined under "--Mezzanine or Subordinate Indebtedness" below) pursuant to the Subordinate Loan documents. Debt Service Reserve Account: At closing, $2,863,925 was funded into this reserve for potential debt service shortfalls during the Harbor Point Apartments Loan term. o LOCKBOX AND CASH MANAGEMENT. The Harbor Point Apartments Loan requires a soft lockbox, which is already in place. The Harbor Point Apartments Loan documents require the Harbor Point Apartments Borrower to direct manager to deposit all rents received at the Harbor Point Property into a lender controlled lockbox account. The Harbor Point Apartments Loan documents also require that all rents received by (or on behalf of) the Harbor Point Apartments Borrower or the property manager be deposited into such lender-controlled lockbox account (as well as any other rents, receipts, certain security deposits or payments related to lease termination or default) within one business day after receipt and that funds deposited in such lender-controlled lockbox account be swept on a daily basis into the Harbor Point Apartments Borrower's operating account unless a cash management period is continuing. A cash management period (i) will commence on January 1, 2012 (the "HARBOR POINT APARTMENTS SUBDEBT CASH MANAGEMENT DATE") and continues for the remainder of the Harbor Point Apartments Loan term or (ii) during the continuance of an event of default. From and after the Harbor Point Apartments Subdebt Cash Management Date (provided no event of default is continuing), excess cash (after payment of debt service and reserve payments required under the Harbor Point Apartments Loan and approved operating expenses for the Harbor Point Apartments Property) will be deposited into the subordinate deposit account established by MHFA for the most senior of the Subordinate Loans. o PROPERTY MANAGEMENT. CMJ Management Company, an affiliate of the Harbor Point Apartments Borrower, is the property manager for the Harbor Point Apartments Property. The property manager receives a management fee on the Harbor Point Apartments Property equal to the lesser of (i) 3.5% of gross revenues from the Harbor Point Apartments Property or (ii) the maximum allowable by the Department of Housing and Urban Development (HUD). The lender may require that the Harbor Point Apartments Borrower terminate the property manager following one or more of the following events: (i) an event of default is continuing under the Harbor Point Apartments Loan, (ii) the property manager is in material default under the applicable management agreement(s) beyond applicable notice and cure periods, (iii) upon the gross negligence, malfeasance or willful misconduct of the property manager or (iv) at any time after the Harbor Point Apartments Subdebt Cash Management Date, receipt by lender of a notice from MHFA stating that, due to the material misappropriation or fraud on the part of Borrower or Manager, rents were not deposited into the lender controlled lockbox account (resulting in a reduced amount of excess cash deposited in the subordinate deposit account of MHFA). With respect to a required termination of manager pursuant to the foregoing clause (iv), lender may require such termination without inquiry into the accuracy or validity of such MHFA notice and the replacement manager may not be an affiliate of Harbor Points Apartment Borrower unless expressly approved by lender, MHFA and the rating agencies. o MEZZANINE OR SUBORDINATE INDEBTEDNESS. The Harbor Point Apartments Borrower has incurred subordinate mortgage debt in the aggregate outstanding balance, as of the closing date of the Harbor Point Apartments Loan, of $157,060,000 (collectively, the "SUBORDINATE LOANS"), which Subordinate Loans are secured by subordinate mortgages encumbering the Harbor Point Apartments Property. The holders of the Subordinate Loans are the following various local municipalities, (i) Massachusetts Housing Finance Agency ("MHFA"), a body politic and corporate organized pursuant to Massachusetts General Laws, Chapter 708 of the Laws of 1966, as amended, (ii) the Boston Redevelopment Authority ("BRA") and (iii) the Boston Housing Authority ("BHA"). All of the holders of the Subordinate Loans have entered into a subordination and standstill agreement with lender, pursuant to which (i) the Subordinate Loans are each subject and subordinate in right, lien and payment to the Harbor Point Apartments Loan and (ii) MHFA, BRA and BHA are all prohibited from taking any action to enforce any Subordinate Loan without lender's consent. The Harbor Point Apartments Borrower is not responsible for making payments under any Subordinate Loan, except to the extent of available excess cash from and after the Harbor Point Apartments Subdebt Cash Management Date. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -69-
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GSMS 2007-GG10 -------------------------------------------------------------------------------- TEN LARGEST MORTGAGE LOANS - HARBOR POINT APARTMENTS In addition, the Harbor Point Apartments Borrower has incurred an unsecured, unpaid development fee with an unpaid balance, as of the date of closing of the Harbor Point Apartments Loan, of $18,064,441, to the developer of the Harbor Point Apartments Property, Peninsula Partners Development Limited Partnership, an affiliate of the Harbor Point Apartments Borrower. The development fee is subject to a full subordination and standstill agreement, junior to the Harbor Point Apartments Loan as well as the Subordinate Loans. o TERRORISM INSURANCE. The Harbor Point Apartments Loan documents require the Harbor Point Apartments Borrower to maintain terrorism insurance in an amount equal to 100% of the replacement cost of the Harbor Point Apartments Property, provided such coverage is available. The asset-backed securities referred to in these materials are being offered when, as and if issued. In particular, you are advised that asset-backed securities, and the asset pools backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated), at any time prior to issuance or availability of a final prospectus. As a result, you may commit to purchase securities that have characteristics that may change, and you are advised that all or a portion of the securities may not be issued that have the characteristics described in these materials. Our obligation to sell securities to you is conditioned on the securities and the underlying transaction having the characteristics described in these materials. If we determine that condition is not satisfied in any material respect, we will notify you, and neither the issuer nor any of the underwriters will have any obligation to you to deliver all or any portion of the securities which you have committed to purchase, and there will be no liability between us as a consequence of the non-delivery. The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-136045) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Goldman, Sachs & Co., any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526. [RBS Greenwich Capital LOGO] [Goldman Sachs LOGO] -70-

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Annex C-1 CONTROL LOAN LOAN MORTGAGE NUMBER FOOTNOTES GROUP NUMBERS LOAN SELLER PROPERTY NAME ----------------------------------------------------------------------------------------------------------------- 1 GROUP 1 00-1001221 GSMC SHORENSTEIN PORTLAND PORTFOLIO 1.01 Group 1 00-1001221-1 Lincoln Center 1.02 Group 1 00-1001221-2 Kruse Woods 1.03 14 Group 1 00-1001221-3 Nimbus Corporate Center 1.04 Group 1 00-1001221-4 Congress Center ----------------------------------------------------------------------------------------------------------------- 1.05 Group 1 00-1001221-5 Kruse Woods V 1.06 Group 1 00-1001221-6 Umpqua Bank Plaza 1.07 Group 1 00-1001221-7 5800 & 6000 Meadows 1.08 Group 1 00-1001221-8 River Forum 1 & 2 1.09 Group 1 00-1001221-9 4900 & 5000 Meadows Road ----------------------------------------------------------------------------------------------------------------- 1.10 Group 1 00-1001221-10 4949 Meadows Road 1.11 Group 1 00-1001221-11 4000 Kruse Way Place 1.12 Group 1 00-1001221-12 Kruse Oaks II 1.13 Group 1 00-1001221-13 Kruse Oaks I 1.14 Group 1 00-1001221-14 Kruse Way Plaza I & II ----------------------------------------------------------------------------------------------------------------- 1.15 Group 1 00-1001221-15 4800 Meadows Road 1.16 Group 1 00-1001221-16 4004 Kruse Way Place 2 2 Group 1 07-0209 GCFP/Lehman Brothers Wells Fargo Tower 3 2 Group 1 07-0352 GCFP Two California Plaza 4 GROUP 1 06-1099 GCFP TIAA REXCORP NEW JERSEY PORTFOLIO ----------------------------------------------------------------------------------------------------------------- 4.01 Group 1 06-1099 7 Giralda Farms 4.02 Group 1 06-1099 1 Giralda Farms 4.03 Group 1 06-1099 101 JFK Parkway 4.04 Group 1 06-1099 3 Giralda Farms 4.05 Group 1 06-1099 103 JFK Parkway ----------------------------------------------------------------------------------------------------------------- 4.06 Group 1 06-1099 44 Whippany Road 5 Group 1 07-0195 GCFP 400 Atlantic Street 6 3, 4 Group 1 00-1001220 GSMC Two Herald Square 7 Group 1 06-1016 GCFP TIAA RexCorp Plaza 8 GROUP 1 07-0170 GCFP INTOWN SUITES PORTFOLIO A ----------------------------------------------------------------------------------------------------------------- 8.01 Group 1 07-0170 Chesapeake 8.02 Group 1 07-0170 Gilbert 8.03 Group 1 07-0170 Northside Drive 8.04 Group 1 07-0170 Roswell 8.05 Group 1 07-0170 Gwinnett Place ----------------------------------------------------------------------------------------------------------------- 8.06 Group 1 07-0170 Ashley Phosphate 8.07 Group 1 07-0170 Newport News North 8.08 Group 1 07-0170 Forest Lane 8.09 Group 1 07-0170 Indian Trail 8.10 Group 1 07-0170 Oxmoor ----------------------------------------------------------------------------------------------------------------- 8.11 Group 1 07-0170 Indianapolis Northwest 8.12 Group 1 07-0170 Mobile West 8.13 Group 1 07-0170 Preston Highway 8.14 Group 1 07-0170 Raleigh 8.15 Group 1 07-0170 St. Charles ----------------------------------------------------------------------------------------------------------------- 8.16 Group 1 07-0170 Indianapolis East 8.17 Group 1 07-0170 Forest Park 8.18 Group 1 07-0170 Dayton 8.19 Group 1 07-0170 Douglasville 8.20 Group 1 07-0170 Lilburn ----------------------------------------------------------------------------------------------------------------- 8.21 Group 1 07-0170 Columbus East 8.22 Group 1 07-0170 Hazelwood 8.23 Group 1 07-0170 Matthews 8.24 Group 1 07-0170 Greenville South 8.25 Group 1 07-0170 Columbia Northwest ----------------------------------------------------------------------------------------------------------------- 8.26 Group 1 07-0170 Columbus North 8.27 Group 1 07-0170 Jackson 8.28 Group 1 07-0170 Lithia Springs 8.29 Group 1 07-0170 Pittsburgh 8.30 Group 1 07-0170 UNC ----------------------------------------------------------------------------------------------------------------- 8.31 Group 1 07-0170 Charleston Central 8.32 Group 1 07-0170 Greenville North 8.33 Group 1 07-0170 Gwinnett 8.34 Group 1 07-0170 Woodstock 8.35 Group 1 07-0170 Warner Robbins ----------------------------------------------------------------------------------------------------------------- 9 2, 5 Group 1 07-0353 GCFP 550 South Hope Street 10 6 Group 2 06-1086 GCFP Harbor Point Apartments 11 7 Group 1 07-0056 GCFP/ Wachovia 119 West 40th Street 12 4 Group 1 06-1300 GCFP/Lehman Brothers 1615 L Street 13 8 Group 1 06-0959 GCFP 9200 Sunset Boulevard ----------------------------------------------------------------------------------------------------------------- 14 5 Group 1 06-1328 GCFP Disney Building 15 9 Group 2 09-0002627 GSMC Lynnewood Gardens 16 10 Group 1 07-0294 GCFP 55 Railroad Avenue 17 Group 1 00-1001223 GSMC CARS Chauncey Ranch 18 11 Group 1 07-0347 GCFP Franklin Mills ----------------------------------------------------------------------------------------------------------------- 19 2, 5 GROUP 1 07-0354 GCFP MAGUIRE ANAHEIM PORTFOLIO 19.01 Group 1 07-0354 500 Orange Tower 19.02 Group 1 07-0354 24 Hour Fitness 20 12 GROUP 1 07-0210 GCFP GREAT ESCAPE THEATRES 20.01 Group 1 07-0210 New Albany 16 ----------------------------------------------------------------------------------------------------------------- 20.02 Group 1 07-0210 Clarksville 16 20.03 Group 1 07-0210 McDonough 16 20.04 Group 1 07-0210 Moline 14 20.05 Group 1 07-0210 Wilder 14 20.06 Group 1 07-0210 Bowling Green 12 ----------------------------------------------------------------------------------------------------------------- 20.07 Group 1 07-0210 O'Fallon 14 20.08 Group 1 07-0210 Williamsport 12 20.09 Group 1 07-0210 Noblesville 10 20.10 Group 1 07-0210 Seymour 8 20.11 Group 1 07-0210 Bedford 7 ----------------------------------------------------------------------------------------------------------------- 21 4 Group 1 09-0002579 GSMC State House Square 22 Group 1 07-0042 GCFP 915 Wilshire Boulevard 23 5, 13 Group 1 06-1326 GCFP 1125 17th Street 24 Group 1 06-1363 GCFP Hyatt Regency Penn's Landing 25 5 Group 1 07-0138 GCFP Crescent ----------------------------------------------------------------------------------------------------------------- 26 4 Group 1 07-0126 GCFP Residence Inn Alexandria Old Town 27 Group 1 09-0002554 GSMC Penn Center East 28 Group 1 07-0078 GCFP 200 West Jackson Boulevard 29 19 Group 1 07-0247 GCFP National Plaza I, II, III 30 19 Group 1 07-0358 GCFP 1051 Perimeter Drive ----------------------------------------------------------------------------------------------------------------- 31 Group 1 07-0094 GCFP 2001 L Street 32 Group 1 09-0002629 GSMC Rosemont Commons 33 5 Group 1 06-1370 GCFP The Wharf at Rivertown 34 2 Group 1 07-0428 GCFP Lincoln Town Center 35 5, 15, 19, 21 Group 1 06-1169 GCFP Green Road ----------------------------------------------------------------------------------------------------------------- 36 5, 15, 19 GROUP 1 06-1171 GCFP CROWN POINTE/VICTOR PARK 36.01 Group 1 06-1171 Crown Pointe 36.02 Group 1 06-1171 Victor Park 37 GROUP 1 07-0135 GCFP GP2 37.01 Group 1 07-0135 Candlewood Suites Sterling ----------------------------------------------------------------------------------------------------------------- 37.02 Group 1 07-0135 Staybridge Suites Memphis 37.03 Group 1 07-0135 Surburban Extended Stay Sterling 37.04 Group 1 07-0135 Candlewood Suites Lake Mary 37.05 Group 1 07-0135 Surburban Extended Stay Wilmington 37.06 Group 1 07-0135 Surburban Extended Stay Jacksonville ----------------------------------------------------------------------------------------------------------------- 38 16 Group 1 09-0002623 GSMC One Financial Plaza 39 GROUP 1 07-0145 GCFP HOLIDAY INN PORTFOLIO (FIXED) 39.01 Group 1 07-0145 Holiday Inn Lansing 39.02 Group 1 07-0145 Holiday Inn Express Pensacola 39.03 Group 1 07-0145 Crown Plaza - Cedar Rapids ----------------------------------------------------------------------------------------------------------------- 39.04 Group 1 07-0145 Holiday Inn Pensacola 39.05 Group 1 07-0145 Holiday Inn Greentree Pittsburgh 39.06 Group 1 07-0145 Holiday Inn Winter Haven 39.07 Group 1 07-0145 Ramada Plaza Macon 39.08 Group 1 07-0145 Holiday Inn York ----------------------------------------------------------------------------------------------------------------- 39.09 Group 1 07-0145 Holiday Inn Sheffield 39.10 Group 1 07-0145 Ramada Charleston 39.11 Group 1 07-0145 Holiday Inn Lancaster 40 Group 1 07-0083 GCFP Preston Park Financial Center 41 Group 1 09-0002661 GSMC 200 Meeting Street ----------------------------------------------------------------------------------------------------------------- 42 GROUP 1 07-0079 GCFP HUGHES AIRPORT CENTER II 42.01 Group 1 07-0079 880 Grier Drive 42.02 Group 1 07-0079 980 Kelly Johnson Drive 42.03 Group 1 07-0079 975 Kelly Johnson Drive 42.04 Group 1 07-0079 950 Grier Drive ----------------------------------------------------------------------------------------------------------------- 42.05 Group 1 07-0079 955 Kelly Johnson Drive 43 2, 17 Group 1 07-0429 GCFP 3800 Chapman 44 5, 18 Group 2 07-0044 GCFP Lakeside at White Oak 45 Group 1 07-0108 GCFP Hyatt Regency Albuquerque 46 GROUP 1 06-1368 GCFP RIVERPARK I & II ----------------------------------------------------------------------------------------------------------------- 46.01 Group 1 06-1368 Riverpark I 46.02 Group 1 06-1368 Riverpark II 47 Group 1 06-1192 GCFP Hotel Burnham 48 Group 1 09-0002614 GSMC Magnolia Hotel Denver 49 Group 1 09-0002595 GSMC Ballantyne Resort ----------------------------------------------------------------------------------------------------------------- 50 5 Group 1 09-0002608 GSMC Bingham Office Center 51 4 GROUP 1 07-0034 GCFP TEXAS RETAIL PORTFOLIO 51.01 Group 1 07-0034 Crossroads Center 51.02 Group 1 07-0034 Parkwood Shopping Center 51.03 Group 1 07-0034 Live Oak Shopping Center ----------------------------------------------------------------------------------------------------------------- 51.04 Group 1 07-0034 Sunburst Center 51.05 Group 1 07-0034 Gateway Center 51.06 Group 1 07-0034 East Ridge Center 52 20 Group 1 06-1281 GCFP Pavilion at Lansdale 53 5 Group 1 06-1443 GCFP Commonwealth Square ----------------------------------------------------------------------------------------------------------------- 54 Group 1 06-1369 GCFP Whitehorse Road 55 Group 1 06-1195 GCFP 900 King Street 56 Group 1 07-0196 GCFP CitiFinancial 57 Group 1 07-0234 GCFP Doubletree Bayside - Boston, MA 58 8, 16, 22 Group 1 09-0002594 GSMC Park Building ----------------------------------------------------------------------------------------------------------------- 59 Group 1 09-0002626 GSMC Montvale Center 60 GROUP 1 06-1371 GCFP BPG PENNSYLVANIA PROPERTIES 60.01 Group 1 06-1371 500 Gravers Road 60.02 Group 1 06-1371 Two Baldwin Place 60.03 Group 1 06-1371 723 Electronic Drive ----------------------------------------------------------------------------------------------------------------- 60.04 Group 1 06-1371 4070 Butler Pike 61 Group 1 06-1311 GCFP Hawaii Self-Storage: Salt Lake 62 4 Group 1 09-0002556 GSMC Skypark Plaza Shopping Center 63 Group 1 06-1417 GCFP Credence Systems Corp 64 Group 1 07-0043 GCFP 430 Davis Drive ----------------------------------------------------------------------------------------------------------------- 65 Group 1 09-0002537 GSMC Shoppes at Centre Pointe 66 Group 1 07-0214 GCFP Tempe Commerce 67 Group 1 07-0242 GCFP Avion Lakeside 68 Group 1 06-1413 GCFP Dulles Corporate Center 69 Group 1 06-1401 GCFP Berry Town Center ----------------------------------------------------------------------------------------------------------------- 70 Group 1 09-0002591 GSMC Marketplace at the Lakes 71 Group 1 06-1173 GCFP Home Depot South San Francisco 72 Group 2 06-1420 GCFP Fountains at Fair Oaks 73 23 Group 1 09-0002642 GSMC Lehigh Valley Buildings 74 Group 1 06-1374 GCFP Hawaii Self-Storage: Pearl City ----------------------------------------------------------------------------------------------------------------- 75 Group 2 09-0002625 GSMC Avalon Peaks 76 Group 2 09-0002612 GSMC Harbor Club Apartments 77 Group 1 06-0864 GCFP Harbor Corporate Center 78 Group 2 06-1421 GCFP Renaissance Park 79 Group 1 09-0002265 GSMC Pasadena Medical ----------------------------------------------------------------------------------------------------------------- 80 4 Group 1 09-0002552 GSMC Horizon Town Center 81 Group 1 06-1399 GCFP Lyons 82 Group 1 09-0002618 GSMC Plaza Rancho Del Oro Shopping Center 83 Group 1 09-0002589 GSMC Energy Park Place & Energy Park Drive 84 GROUP 1 07-0097 GCFP SECURLOCK SELF STORAGE PORTFOLIO ----------------------------------------------------------------------------------------------------------------- 84.01 Group 1 07-0097 Securlock Self Storage Allen 84.02 Group 1 07-0097 Securlock Self Storage Plano 84.03 Group 1 07-0097 Securlock Self Storage Fort Worth 84.04 Group 1 07-0097 Securlock Self Storage Coppell 85 Group 1 09-0002575 GSMC Embassy Suites Hotel ----------------------------------------------------------------------------------------------------------------- 86 Group 2 06-1422 GCFP Canyon Terrace 87 Group 1 07-0366 GCFP 840 Grier 88 Group 1 07-0194 GCFP Shops on Sage 89 GROUP 1 06-1451 GCFP TEMPLETOWN PROPERTIES 89.01 Group 1 06-1451 2152 N Broad Street ----------------------------------------------------------------------------------------------------------------- 89.02 Group 1 06-1451 Antoinette (1429 N 15th) 89.03 Group 1 06-1451 1501 N 16th Street 89.04 Group 1 06-1451 1840 N 16th Street 89.05 Group 1 06-1451 1429 West Diamond Street 89.06 Group 1 06-1451 1520 N 15th Street ----------------------------------------------------------------------------------------------------------------- 89.07 Group 1 06-1451 1525 N. 16th Street 89.08 Group 1 06-1451 1529 N 15th Street 89.09 Group 1 06-1451 1524 N. 16th Street 89.10 Group 1 06-1451 1403 Jefferson Street 89.11 Group 1 06-1451 1621 W Diamond Street ----------------------------------------------------------------------------------------------------------------- 89.12 Group 1 06-1451 1641 W Diamond Street 89.13 Group 1 06-1451 1617 West Oxford Street 89.14 Group 1 06-1451 1809 N 17th Street 89.15 Group 1 06-1451 1820 Willington Street 89.16 Group 1 06-1451 1840 Willington Street ----------------------------------------------------------------------------------------------------------------- 89.17 Group 1 06-1451 1430 West Susquehanna Avenue 89.18 Group 1 06-1451 1516 Montgomery Street 89.19 Group 1 06-1451 1908 N 17th Street 89.20 Group 1 06-1451 1428 West Susquehanna Avenue 89.21 Group 1 06-1451 2229 N Park ----------------------------------------------------------------------------------------------------------------- 89.22 Group 1 06-1451 1414 West Diamond Street 89.23 Group 1 06-1451 1732 N Sydenham Street 89.24 Group 1 06-1451 2116 Carlisle Street 89.25 Group 1 06-1451 2118 Carlisle Street 89.26 Group 1 06-1451 2124 Carlisle Street ----------------------------------------------------------------------------------------------------------------- 89.27 Group 1 06-1451 2126 Carlisle Street 89.28 Group 1 06-1451 2142 Carlisle Street 89.29 Group 1 06-1451 2144 Carlisle Street 89.30 Group 1 06-1451 2146 Carlisle Street 89.31 Group 1 06-1451 2152 Carlisle Street ----------------------------------------------------------------------------------------------------------------- 89.32 Group 1 06-1451 2109 N 12th Street 89.33 Group 1 06-1451 1533 N Sydenham Street 89.34 Group 1 06-1451 1630 Willington Street 89.35 Group 1 06-1451 1518 Fontain Street 89.36 Group 1 06-1451 1534 Fontain Street ----------------------------------------------------------------------------------------------------------------- 89.37 Group 1 06-1451 1613 Edgley Street 89.38 Group 1 06-1451 1629 Fontain Street 89.39 Group 1 06-1451 2124 N 17th Street 89.40 Group 1 06-1451 1536 Fontain Street 89.41 Group 1 06-1451 1808 Willington Street ----------------------------------------------------------------------------------------------------------------- 89.42 Group 1 06-1451 1829 Willington Street 89.43 Group 1 06-1451 1520 Page Street 89.44 Group 1 06-1451 1611 Edgley Street 89.45 Group 1 06-1451 1618 Edgley Street 89.46 Group 1 06-1451 1815 Willington Street ----------------------------------------------------------------------------------------------------------------- 89.47 Group 1 06-1451 1806 Willington Street 89.48 Group 1 06-1451 1535 N Sydenham Street 90 Group 1 09-0002550 GSMC Garden View Medical Plaza 91 24 Group 1 09-0002581 GSMC Southern Highlands Corporate Center 92 Group 2 09-0002592 GSMC Keystone Apartments ----------------------------------------------------------------------------------------------------------------- 93 Group 1 09-0002647 GSMC Mira Loma Shopping Center 94 Group 1 09-0002560 GSMC Marketplace at South River Colony 95 Group 2 09-0002613 GSMC Rocca Apartments 96 GROUP 1 09-0002636 GSMC DRUG STORE PORTFOLIO 96.01 Group 1 09-0002636-1 Fayette Town Center ----------------------------------------------------------------------------------------------------------------- 96.02 Group 1 09-0002636-2 Eckerd's 96.03 Group 1 09-0002636-3 Walgreens 96.04 Group 1 09-0002636-4 CVS 97 Group 1 09-0002628 GSMC Arrowhead Creekside 98 Group 1 09-0002576 GSMC Boulevard Center II ----------------------------------------------------------------------------------------------------------------- 99 Group 1 09-0002500 GSMC Bethel Station 100 Group 1 09-0002633 GSMC Medlock Corners 101 Group 1 09-0002584 GSMC Westside Plaza 102 Group 1 07-0019 GCFP 94-1420 Moaninai Street 103 8, 16 Group 1 09-0002564 GSMC Foothill Village Oaks ----------------------------------------------------------------------------------------------------------------- 104 4 GROUP 1 07-0180 GCFP THE PENNSYLVANIA BUSINESS CENTER 104.01 Group 1 07-0180 Pennsylvania Business Center 104.02 Group 1 07-0180 Wesley Building 105 Group 1 06-1308 GCFP Dockside 500 106 Group 2 07-0006 GCFP Ashley Place Apartments ----------------------------------------------------------------------------------------------------------------- 107 Group 1 06-1445 GCFP Kmart Center 108 Group 1 09-0002434 GSMC Manchester Stadium 16 109 4 Group 1 07-0179 GCFP Fairview Industrial Park 110 Group 1 09-0002639 GSMC ANC Corporate Center II 111 Group 1 09-0002606 GSMC Vista Palomar Park ----------------------------------------------------------------------------------------------------------------- 112 16 Group 1 09-0002538 GSMC Bergen Village 113 4 Group 1 09-0002632 GSMC Ashley Furniture and Gordmans 114 5 Group 1 06-1457 GCFP 9th Street Marketplace 115 Group 1 07-0176 GCFP 4080 27th Court SE 116 Group 1 07-0236 GCFP 375 Rivertown Drive ----------------------------------------------------------------------------------------------------------------- 117 5 Group 1 09-0002648 GSMC Homewood Suites 118 Group 1 09-0002539 GSMC Plantation Plaza Shopping Center 119 Group 1 06-1444 GCFP Glenbrook Shopping Center 120 Group 1 06-0996 GCFP LA Fitness Brandon 121 Group 2 09-0002582 GSMC Summerhill Place Apartments ----------------------------------------------------------------------------------------------------------------- 122 Group 1 09-0002657 GSMC Parkway Center 123 Group 1 06-1432 GCFP US Storage - Norwalk 124 Group 1 06-0850 GCFP Hampton Inn Omaha 125 Group 1 06-1272 GCFP Homewood Suites - Charlotte 126 Group 1 09-0002610 GSMC 15th & Spruce ----------------------------------------------------------------------------------------------------------------- 127 Group 1 09-0002586 GSMC 530 New Waverly Place 128 Group 1 09-0002602 GSMC Liberty Park 129 GROUP 1 07-0232 GCFP COUNTRY INN & SUITES PORTFOLIO 129.01 Group 1 07-0232 Country Inn & Suites - Cedar Falls 129.02 Group 1 07-0232 Country Inn & Suites - Waterloo ----------------------------------------------------------------------------------------------------------------- 130 16 Group 1 09-0002559 GSMC Corporate Lakes I 131 Group 1 09-0002570 GSMC Highlands Ranch Marketplace 132 16 Group 1 09-0002619 GSMC Quail Plaza 133 Group 1 09-0002578 GSMC Canyon Creek Plaza 134 Group 1 09-0002540 GSMC Siskey Building ----------------------------------------------------------------------------------------------------------------- 135 Group 1 09-0002481 GSMC Gold's Gym 136 Group 1 09-0002547 GSMC Barker Cypress Market Place 137 8, 16 Group 1 09-0002493 GSMC Zane Business Center 138 Group 1 06-1398 GCFP Greentree Place 139 Group 1 07-0117 GCFP Great Pasture Industrial Building ----------------------------------------------------------------------------------------------------------------- 140 Group 2 07-0205 GCFP Cobblestone Creek Apartments 141 Group 2 07-0008 GCFP Casa Linda Apartments 142 Group 1 07-0061 GCFP 1623 North Sheffield Avenue 143 4 Group 1 09-0002419 GSMC Norman Silbert MAB 144 Group 1 07-0076 GCFP 442 Civic Center Drive ----------------------------------------------------------------------------------------------------------------- 145 Group 1 09-0002557 GSMC 1210 Broadway 146 4 Group 1 07-0018 GCFP 821 Grier Road 147 Group 1 06-1365 GCFP Beckman Chaska MN 148 4 Group 1 09-0002511 GSMC Val Vista Gateway Center 149 Group 1 09-0002580 GSMC Braddock Hills Shopping Center ----------------------------------------------------------------------------------------------------------------- 150 25 Group 1 09-2001024 GSMC Joppatowne Plaza 151 Group 1 09-0002553 GSMC 3003 East Third Avenue 152 Group 1 09-0002563 GSMC 361 Centennial Parkway 153 19 Group 1 09-0002525 GSMC KLC Shopping Center 154 19 Group 1 09-0002535 GSMC Normandy Center ----------------------------------------------------------------------------------------------------------------- 155 4, 5 Group 1 09-0002643 GSMC Festival Foods 156 Group 1 09-0002546 GSMC 633 Germantown Pike 157 5 GROUP 1 09-0002508 GSMC JMS PORTFOLIO 157.01 Group 1 09-0002508-1 Medical Arts 157.02 Group 1 09-0002508-2 Isaac Building ----------------------------------------------------------------------------------------------------------------- 157.03 Group 1 09-0002508-3 Weatherfield Building 158 Group 2 06-1282 GCFP Villas of La Costa 159 Group 1 07-0129 GCFP US Storage - Baltimore 160 Group 1 09-0002551 GSMC 2929 Oaks at Turtle Creek 161 Group 1 09-0002585 GSMC Centre Drive MAB ----------------------------------------------------------------------------------------------------------------- 162 Group 1 06-1410 GCFP 5401 California Avenue 163 Group 1 09-0002634 GSMC Stevens Office Building 164 Group 1 09-0002604 GSMC Chandler Medical 165 4 Group 1 09-0002599 GSMC Woodlands Crossing 166 4 Group 2 07-0134 GCFP Variel Apartments ----------------------------------------------------------------------------------------------------------------- 167 Group 1 09-0002534 GSMC 1350 Carlback Avenue 168 Group 1 09-0002568 GSMC 53 Church Hill Road 169 Group 1 07-0231 GCFP Talcott Plaza 170 6 Group 2 09-0002558 GSMC Laurel Theater Apartments 171 Group 1 09-0002541 GSMC Foundry ----------------------------------------------------------------------------------------------------------------- 172 Group 1 06-1424 GCFP Fairfield Inn Asheville Airport 173 Group 1 07-0054 GCFP Secure Storage 174 5 Group 1 09-0002574 GSMC Berkshire Office Building 175 Group 1 09-0002605 GSMC 1000 Boulders Parkway 176 Group 1 09-0002607 GSMC Snowden Square Shopping Center ----------------------------------------------------------------------------------------------------------------- 177 Group 1 06-1400 GCFP Dryden 178 Group 1 07-0174 GCFP 11251 Pines Boulevard 179 Group 1 09-0002513 GSMC Heritage Trace Center 180 Group 1 06-0925 GCFP A+ Storage Hermitage 181 Group 1 09-0002405 GSMC Tracy Marketplace Plaza V ----------------------------------------------------------------------------------------------------------------- 182 Group 1 07-0141 GCFP Mini U Storage - Forestville 183 8, 16 Group 1 09-0002571 GSMC Three Rivers Office 184 Group 1 09-0002635 GSMC North Star Square 185 Group 2 07-0009 GCFP Manor House West Apartments 186 Group 1 09-0002583 GSMC Birch Street Office Building ----------------------------------------------------------------------------------------------------------------- 187 Group 2 07-0109 GCFP Chateau du Val 188 Group 1 09-0002645 GSMC Gold Creek Marketplace 189 Group 1 09-0002587 GSMC Horseshoe Center 190 Group 1 09-0002565 GSMC Starbucks & FedEx Center 191 Group 1 09-0002615 GSMC Belfair Towne Center ----------------------------------------------------------------------------------------------------------------- 192 4 Group 2 07-0010 GCFP Morocco Apartments 193 Group 1 07-0230 GCFP 405 Queen Street 194 Group 1 06-0788 GCFP Stone Valley Drive 195 Group 1 09-0002555 GSMC Foley Retail Center 196 Group 1 07-0099 GCFP Securlock Hurst ----------------------------------------------------------------------------------------------------------------- 197 Group 1 06-1407 GCFP Atascocita Self Storage 198 Group 1 07-0140 GCFP Mini U Storage - Southfield 199 Group 1 06-1276 GCFP Woodside Executive Park - F & G 200 Group 1 09-0002473 GSMC Rite Aid - Summit 201 Group 1 09-0002611 GSMC 1601 Pearl Street ----------------------------------------------------------------------------------------------------------------- 202 Group 1 09-0002569 GSMC Desert Glen Center 203 Group 1 06-1244 GCFP 4510 South Eastern Avenue 204 Group 1 09-0002460 GSMC Florida City Shops 205 Group 1 06-1448 GCFP 5301 Longley Lane, Building F 206 Group 1 06-1317 GCFP 110 Huffaker Lane CROSSED WITH AFFILIATED WITH CONTROL OTHER LOANS OTHER LOANS NUMBER (CROSSED GROUP) (RELATED GROUP) ADDRESS CITY ------------------------------------------------------------------------------------------------------------------------------------ 1 1.01 10200-10500 Southwest Greenburg Road Portland 1.02 5285, 5335, 5665 and 5005 Southwest Meadows Road Lake Oswego 1.03 9740 Southwest Nimbus Drive Beaverton 1.04 1001 Southwest Fifth Avenue Portland ------------------------------------------------------------------------------------------------------------------------------------ 1.05 5885 Meadows Road Lake Oswego 1.06 One Southwest Columbia Street Portland 1.07 5800 & 6000 Southwest Meadows Road Lake Oswego 1.08 4380-4386 Southwest Macadam Avenue Portland 1.09 4900 & 5000 Meadows Road Lake Oswego ------------------------------------------------------------------------------------------------------------------------------------ 1.10 4949 Meadows Road Lake Oswego 1.11 4000 Southwest Kruse Way Place Lake Oswego 1.12 5300 Southwest Meadows Road Lake Oswego 1.13 5300 Southwest Meadows Road Lake Oswego 1.14 4500 and 4550 Southwest Kruse Way Lake Oswego ------------------------------------------------------------------------------------------------------------------------------------ 1.15 4800 Meadows Road Lake Oswego 1.16 4004 Kruse Way Place Lake Oswego 2 Group 1 333 South Grand Avenue Los Angeles 3 Group 1 350 South Grand Avenue Los Angeles 4 GROUP 2 ------------------------------------------------------------------------------------------------------------------------------------ 4.01 7 Giralda Farms Madison 4.02 1 Giralda Farms Madison 4.03 101 JFK Parkway Short Hills 4.04 3 Giralda Farms Madison 4.05 103 JFK Parkway Short Hills ------------------------------------------------------------------------------------------------------------------------------------ 4.06 44 Whippany Road Morristown 5 400 Atlantic Street Stamford 6 1328 Broadway New York 7 Group 2 Glen Curtiss Boulevard Uniondale 8 ------------------------------------------------------------------------------------------------------------------------------------ 8.01 2150 Old Greenbrier Road Chesapeake 8.02 2350 West Obispo Avenue Gilbert 8.03 1375 Northside Drive, NW Atlanta 8.04 1175 Hembree Road Roswell 8.05 3750 Satellite Boulevard Duluth ------------------------------------------------------------------------------------------------------------------------------------ 8.06 7371 Mazyck Road Charleston 8.07 12015 Jefferson Avenue Newport News 8.08 9355 Forest Lane Dallas 8.09 1990 Willowtrail Parkway Norcross 8.10 90 Oxmoor Road Birmingham ------------------------------------------------------------------------------------------------------------------------------------ 8.11 5820 West 85th Street Indianapolis 8.12 5498 Inn Road Mobile 8.13 7121 Preston Highway Louisville 8.14 1491 Highway 70 East Garner 8.15 1769 Fairlane Drive St. Charles ------------------------------------------------------------------------------------------------------------------------------------ 8.16 2301 Post Drive Indianapolis 8.17 363 Forest Parkway Forest Park 8.18 8981 Kingsridge Drive Dayton 8.19 5820 Plaza Parkway Douglasville 8.20 4142 Stone Mountain Highway Lilburn ------------------------------------------------------------------------------------------------------------------------------------ 8.21 4790 Hilton Corporate Drive Columbus 8.22 9067 Dunn Road Hazelwood 8.23 9211 East Independence Boulevard Matthews 8.24 408 Mauldin Road Greenville 8.25 330 Columbiana Drive Columbia ------------------------------------------------------------------------------------------------------------------------------------ 8.26 2420 East Dublin-Granville Road Columbus 8.27 5731 I-55 North Jackson 8.28 637 West Market Circle Lithia Springs 8.29 4595 McKnight Road Pittsburgh 8.30 110 Rocky River Road West Charlotte ------------------------------------------------------------------------------------------------------------------------------------ 8.31 5035 North Arco Lane North Charleston 8.32 2504 Wade Hampton Boulevard Greenville 8.33 1950 Willow Trail Parkway Norcross 8.34 470 Parkway 575 Woodstock 8.35 2103 Moody Road Warner Robins ------------------------------------------------------------------------------------------------------------------------------------ 9 Group 1 550 South Hope Street Los Angeles 10 Group 4 24 Oyster Bay Road Boston 11 119 West 40th Street New York 12 1615 L Street NW Washington 13 9200 & 9220 West Sunset Boulevard Los Angeles ------------------------------------------------------------------------------------------------------------------------------------ 14 3800 West Alameda Avenue Burbank 15 Group 3 2047 Mathers Way Elkins Park 16 55 Railroad Avenue Greenwich 17 18000-18118 North Scottsdale Road and 7100 Chauncey Drive Phoenix 18 1455 Franklin Mills Circle Philadelphia ------------------------------------------------------------------------------------------------------------------------------------ 19 GROUP 1 19.01 450 & 500 North State College Boulevard Orange 19.02 3600 West Orangewood Avenue Orange 20 20.01 300 Professional Court New Albany ------------------------------------------------------------------------------------------------------------------------------------ 20.02 1810 Tiny Town Road Clarksville 20.03 115 Fosters Drive McDonough 20.04 4101 38th Street Moline 20.05 103 Crossing Drive Wilder 20.06 323 Great Escape Drive Bowling Green ------------------------------------------------------------------------------------------------------------------------------------ 20.07 900 Caledonia Drive O'Fallon 20.08 965 Lycoming Mall Circle Williamsport 20.09 10075 Town & Country Boulevard Noblesville 20.10 357 Tanger Boulevard Seymour 20.11 2929 Great Escape Drive Bedford ------------------------------------------------------------------------------------------------------------------------------------ 21 Group 3 10-90 State House Square Hartford 22 Group 6 915 Wilshire Boulevard Los Angeles 23 Group 7 1125 17th Street Denver 24 201 South Christopher Columbus Boulevard Philadelphia 25 155 N Crescent Dr & 9355 Wilshire Boulevard Beverly Hills ------------------------------------------------------------------------------------------------------------------------------------ 26 1456 Duke Street Alexandria 27 100-700 Penn Center Boulevard Pittsburgh 28 200 West Jackson Boulevard Chicago 29 Group A Group 10 999, 1000 & 1111 Plaza Drive Schaumburg 30 Group A Group 10 1051 Perimeter Drive Schaumberg ------------------------------------------------------------------------------------------------------------------------------------ 31 2001 L Street Washington 32 3750-I West Market Street Fairlawn 33 Group 5 2501 Seaport Drive Chester 34 Group 1 2677 North Main Street Santa Ana 35 Group B Group 12 2350, 2500, 2600 Green Road Ann Arbor ------------------------------------------------------------------------------------------------------------------------------------ 36 GROUP B GROUP 12 36.01 25900 Greenfield Road Oak Park 36.02 19575 Victor Parkway Livonia 37 37.01 45520 East Severn Way Sterling ------------------------------------------------------------------------------------------------------------------------------------ 37.02 1070 Ridgelake Boulevard Memphis 37.03 45510 E. Severn Way Sterling 37.04 1130 Greenwood Boulevard Lake Mary 37.05 245 Eastwood Road Wilmington 37.06 8285 Philips Highway Jacksonville ------------------------------------------------------------------------------------------------------------------------------------ 38 One Financial Plaza Providence 39 39.01 7501 West Saginaw Highway Lansing 39.02 7330 Plantation Road Pensacola 39.03 350 1st Avenue NE Cedar Rapids ------------------------------------------------------------------------------------------------------------------------------------ 39.04 7200 Plantation Road Pensacola 39.05 401 Holiday Drive Pittsburgh 39.06 1150 3rd Street SW Winter Haven 39.07 108 First Street Macon 39.08 334 Arsenal Road York ------------------------------------------------------------------------------------------------------------------------------------ 39.09 4900 Hatch Boulevard Sheffield 39.10 7401 Northwoods Boulevard Charleston 39.11 521 Greenfield Road Lancaster 40 4965 & 4975 Preston Park Boulevard Plano 41 200 Meeting Street Charleston ------------------------------------------------------------------------------------------------------------------------------------ 42 GROUP 9 42.01 880 Grier Drive Las Vegas 42.02 980 Kelly Johnson Drive Las Vegas 42.03 975 Kelly Johnson Drive Las Vegas 42.04 950 Grier Drive Las Vegas ------------------------------------------------------------------------------------------------------------------------------------ 42.05 955 Kelly Johnson Drive Las Vegas 43 Group 1 3800 West Chapman Orange 44 10 Lakeside Way Newnan 45 330 Tijeras Avenue, NW Albuquerque 46 GROUP 5 ------------------------------------------------------------------------------------------------------------------------------------ 46.01 1000 River Road Whitemarsh Township 46.02 1200 River Road Whitemarsh Township 47 1 W. Washington Street Chicago 48 818 17th Street Denver 49 Group 15 10000 Ballantyne Commons Parkway Charlotte ------------------------------------------------------------------------------------------------------------------------------------ 50 30600-30800 Telegraph Road Bingham Farms 51 51.01 2018 E. 42nd Street Odessa 51.02 2235 Thousand Oaks Drive San Antonio 51.03 7903 Pat Booker Road Live Oak ------------------------------------------------------------------------------------------------------------------------------------ 51.04 5107 W. Wadley Avenue Midland 51.05 2300 Rankin Highway Midland 51.06 6012-6132 Eastridge Road Odessa 52 401-611 S. Broad Street Lansdale 53 Group 8 703-717 East Bidwell St, 805-823 Wales Dr, 1325 Riley St Folsom ------------------------------------------------------------------------------------------------------------------------------------ 54 Group 5 401 Whitehorse Road Voorhees Township 55 Group 6 900 King Street Rye Brook 56 Group 13 605 Munn Road Fort Mill 57 Group 4 240 Mount Vernon Street Boston 58 101 North Cherry Street Winston-Salem ------------------------------------------------------------------------------------------------------------------------------------ 59 18310 Montgomery Village Avenue Gaithersburg 60 GROUP 5 60.01 500 Gravers Road Plymouth Township 60.02 1510 Chester Pike Eddystone 60.03 732 Electronic Drive Horsham ------------------------------------------------------------------------------------------------------------------------------------ 60.04 4070 Butler Pike Whitemarsh 61 Group 16 808 Ahua Street Honolulu 62 2481, 2483 and 2485 Notre Dame Boulevard Chico 63 Group 13 1355 & 1421 California Circle Milpitas 64 430 Davis Drive Durham ------------------------------------------------------------------------------------------------------------------------------------ 65 4950 Centre Pointe Boulevard North Charleston 66 Group 14 7410 & 7419 S. Roosevelt Street Tempe 67 Group 14 14555 & 14585 Avion Parkway Chantilly 68 Group 7 13755 Sunrise Valley Drive Herndon 69 2432 Sand Mine Road Davenport ------------------------------------------------------------------------------------------------------------------------------------ 70 940-970 Lakes Drive West Covina 71 900 Dubuque Avenue South San Francisco 72 Group 11 4800 Sunset Terrace Fair Oaks 73 861, 871, 881, & 894 Marcon Boulevard and 2200 and 2202 Irving Allentown Street 74 Group 16 98 - 138 Hila Place Pearl City ------------------------------------------------------------------------------------------------------------------------------------ 75 2000 Kiftsgate Lane Apex 76 26 Cheswold Boulevard Newark 77 Group 6 300 A Street Boston 78 Group 11 3000 Lillard Drive Davis 79 630 South Raymond Avenue Pasadena ------------------------------------------------------------------------------------------------------------------------------------ 80 1201, 1211-1331, & 1411 South Boulder Highway Henderson 81 Group 19 2215 Lyons Road (various other addresses) Miamisburg 82 Group 17 4120-4196 Oceanside Boulevard Oceanside 83 1400-1410 Energy Park Drive and 1350-1380 Energy Lane St. Paul 84 GROUP 21 ------------------------------------------------------------------------------------------------------------------------------------ 84.01 2060 Hedgcoxe Road Allen 84.02 2201 E. George Bush Freeway Plano 84.03 3500 River Bend Boulevard Fort Worth 84.04 320 S. Highway 121 Coppell 85 110 Calle del Norte Laredo ------------------------------------------------------------------------------------------------------------------------------------ 86 Group 11 1600 Canyon Terrace Lane Folsom 87 Group 9 840 Grier Drive Las Vegas 88 2800 Sage Road Houston 89 89.01 2152 N Broad Street Philadelphia ------------------------------------------------------------------------------------------------------------------------------------ 89.02 Antoinette (1429 N 15th) Philadelphia 89.03 1501 N 16th Street Philadelphia 89.04 1840 N 16th Street Philadelphia 89.05 1429 West Diamond Street Philadelphia 89.06 1520 N 15th Street Philadelphia ------------------------------------------------------------------------------------------------------------------------------------ 89.07 1525 N. 16th Street Philadelphia 89.08 1529 N 15th Street Philadelphia 89.09 1524 N. 16th Street Philadelphia 89.10 1403 Jefferson Street Philadelphia 89.11 1621 W Diamond Street Philadelphia ------------------------------------------------------------------------------------------------------------------------------------ 89.12 1641 W Diamond Street Philadelphia 89.13 1617 West Oxford Street Philadelphia 89.14 1809 N 17th Street Philadelphia 89.15 1820 Willington Street Philadelphia 89.16 1840 Willington Street Philadelphia ------------------------------------------------------------------------------------------------------------------------------------ 89.17 1430 West Susquehanna Avenue Philadelphia 89.18 1516 Montgomery Street Philadelphia 89.19 1908 N 17th Street Philadelphia 89.20 1428 West Susquehanna Avenue Philadelphia 89.21 2229 N Park Philadelphia ------------------------------------------------------------------------------------------------------------------------------------ 89.22 1414 West Diamond Street Philadelphia 89.23 1732 N Sydenham Street Philadelphia 89.24 2116 Carlisle Street Philadelphia 89.25 2118 Carlisle Street Philadelphia 89.26 2124 Carlisle Street Philadelphia ------------------------------------------------------------------------------------------------------------------------------------ 89.27 2126 Carlisle Street Philadelphia 89.28 2142 Carlisle Street Philadelphia 89.29 2144 Carlisle Street Philadelphia 89.30 2146 Carlisle Street Philadelphia 89.31 2152 Carlisle Street Philadelphia ------------------------------------------------------------------------------------------------------------------------------------ 89.32 2109 N 12th Street Philadelphia 89.33 1533 N Sydenham Street Philadelphia 89.34 1630 Willington Street Philadelphia 89.35 1518 Fontain Street Philadelphia 89.36 1534 Fontain Street Philadelphia ------------------------------------------------------------------------------------------------------------------------------------ 89.37 1613 Edgley Street Philadelphia 89.38 1629 Fonatin Street Philadelphia 89.39 2124 N 17th Street Philadelphia 89.40 1536 Fontain Street Philadelphia 89.41 1808 Willington Street Philadelphia ------------------------------------------------------------------------------------------------------------------------------------ 89.42 1829 Willington Street Philadelphia 89.43 1520 Page Street Philadelphia 89.44 1611 Edgley Street Philadelphia 89.45 1618 Edgley Street Philadelphia 89.46 1815 Willington Street Philadelphia ------------------------------------------------------------------------------------------------------------------------------------ 89.47 1806 Willington Street Philadelphia 89.48 1535 N Sydenham Street Philadelphia 90 1200 Garden View Road Encinitas 91 11411 Southern Highlands Parkway Las Vegas 92 1369 Hyde Street San Francisco ------------------------------------------------------------------------------------------------------------------------------------ 93 3304-3380 South McCarran Boulevard Reno 94 3213 - 3295 Solomons Island Road Edgewater 95 3280 Northside Parkway Atlanta 96 96.01 111 West Reynolds Road Lexington ------------------------------------------------------------------------------------------------------------------------------------ 96.02 1616 Black River Boulevard North Rome 96.03 1001 Southwest Topeka Boulevard Topeka 96.04 237 East Pipeline Road Bedford 97 7200 West Bell Road Glendale 98 Group 22 1545-1595 South Colorado Boulevard Denver ------------------------------------------------------------------------------------------------------------------------------------ 99 22219-22311 Mountain Highway East Spanaway 100 5805 State Bridge Road Duluth 101 2305-2349 Augusta Road West Columbia 102 94-1420 Moaninai Street Waipio 103 5110, 5140, 5170 and 5180 Foothills Boulevard Roseville ------------------------------------------------------------------------------------------------------------------------------------ 104 GROUP 18 104.01 25,50,55 & 75 Utley Drive Camp Hill 104.02 860 Century Drive Mechanicsburg 105 90 Colonial Drive East Patchogue 106 1930 Ashley Way Westfield ------------------------------------------------------------------------------------------------------------------------------------ 107 Group 8 5050 - 5200 Stockton Boulevard Sacramento 108 2055 East Shields Avenue Fresno 109 Group 18 502-540 Industrial Drive Lewisberry 110 701 North Green Valley Parkway Henderson 111 3211 - 3281 Business Park Drive Vista ------------------------------------------------------------------------------------------------------------------------------------ 112 1240-1262 Bergen Parkway Evergreen 113 4731 and 4741 West Lawrence Street Grand Chute 114 Group 8 5600 South 900 East Murray 115 4080 27th Court SE Salem 116 375 Rivertown Drive Woodbury ------------------------------------------------------------------------------------------------------------------------------------ 117 1495 Equity Drive Troy 118 2750 Race Track Road Jacksonville 119 Group 8 8700 - 8760 La Riviera Drive Sacramento 120 2890 Providence Lakes Boulevard Brandon 121 6801 West Ocotillo Road Glendale ------------------------------------------------------------------------------------------------------------------------------------ 122 537, 541 & 549 West Highlands Ranch Parkway Highlands Ranch 123 Group 23 11971 Foster Road Norwalk 124 9720 West Dodge Road Omaha 125 2770 Yorkmont Road Charlotte 126 Group 25 1434 Spruce Street Boulder ------------------------------------------------------------------------------------------------------------------------------------ 127 530 New Waverly Place Cary 128 371 Northeast Gilman Boulevard Issaquah 129 129.01 2910 South Main Street Cedar Falls 129.02 4025 Hammond Avenue Waterloo ------------------------------------------------------------------------------------------------------------------------------------ 130 2525 Cabot Drive Lisle 131 Group 17 9401-9473 South University Boulevard Highlands Ranch 132 2611 & 2621 Coors Boulevard Northwest Albuquerque 133 200 West Campbell Road Richardson 134 Group 15 4521 Sharon Road Charlotte ------------------------------------------------------------------------------------------------------------------------------------ 135 9282 Allen Road West Chester 136 17817 FM 529 and 6960 Barker Cypress Road Houston 137 6500 & 6510 Zane Avenue North Brooklyn Park 138 7, 9 & 11 Eves Drive Marlton 139 2 Great Pasture Road Danbury ------------------------------------------------------------------------------------------------------------------------------------ 140 1010 Madden Lane Roseville 141 Group 20 8210 S. Broadway Avenue Whittier 142 1623 North Sheffield Avenue Chicago 143 Group 24 222 High Street Newton 144 442 Civic Center Drive Augusta ------------------------------------------------------------------------------------------------------------------------------------ 145 1210-1224 Broadway Chula Vista 146 821 Grier Road Las Vegas 147 322 Lake Hazeltine Drive Chaska 148 1959 South Val Vista Drive Mesa 149 254 Yost Boulevard Pittsburgh ------------------------------------------------------------------------------------------------------------------------------------ 150 1000 Joppa Farm Road Joppatowne 151 3003 East Third Avenue Denver 152 361 Centennial Parkway Louisville 153 Group C Group 29 8700 SW 137th Avenue Miami 154 Group C Group 29 957, 969 and 1111 Normandy Drive Miami Beach ------------------------------------------------------------------------------------------------------------------------------------ 155 3007 Mall Drive Eau Claire 156 633 Germantown Pike Plymouth Meeting 157 157.01 4041 West Sylvania Avenue Toledo 157.02 1645 Indian Wood Circle Maumee ------------------------------------------------------------------------------------------------------------------------------------ 157.03 6535-6541 Weatherfield Court Maumee 158 1016 Camino La Costa Austin 159 Group 23 5117 Belair Road Baltimore 160 2929 Carlisle Street Dallas 161 Group 24 18 Centre Drive Monroe Township ------------------------------------------------------------------------------------------------------------------------------------ 162 5401 California Avenue Bakersfield 163 5100 Eastpark Boulevard Madison 164 655 South Dobson Road Chandler 165 2625 South Woodlands Village Boulevard Flagstaff 166 Group 20 8305, 8315, 8325 Variel Avenue Canoga Park ------------------------------------------------------------------------------------------------------------------------------------ 167 1350 Carlback Avenue Walnut Creek 168 53 Church Hill Road Newtown 169 Group 26 230 Farmington Avenue Farmington 170 1500 Laurel Street and 1275 White Oak Way San Carlos 171 432 North Franklin Street Syracuse ------------------------------------------------------------------------------------------------------------------------------------ 172 31 Airport Park Road Fletcher 173 18949 Valley Boulevard Bloomington 174 501 Washington Street Reading 175 1000 Boulders Parkway Richmond 176 9021 Snowden Square Drive Columbia ------------------------------------------------------------------------------------------------------------------------------------ 177 Group 19 2003-2027 and 2000-2016 Springboro West Moraine 178 11251 Pines Boulevard Pembroke Pines 179 4200, 4224, 4232 and 4240 Heritage Trace Parkway Keller 180 4060 Andrew Jackson Parkway Hermitage 181 3208-3218 West Grant Line Road Tracy ------------------------------------------------------------------------------------------------------------------------------------ 182 Group 28 4014 Forestville Road District Heights 183 2 Copeland Avenue La Crosse 184 8507 North McCullough Avenue San Antonio 185 Group 20 9212 Burke Street Pico Rivera 186 20341 Birch Street Newport Beach ------------------------------------------------------------------------------------------------------------------------------------ 187 3748 West 9th Street Los Angeles 188 Group 22 210 & 240 South Elizabeth Street Elizabeth 189 727 Louisville Road Alcoa 190 187 North Pioneer Road Fond du Lac 191 27 Towne Drive Bluffton ------------------------------------------------------------------------------------------------------------------------------------ 192 Group 20 16275 Woodruff Avenue Bellflower 193 Group 26 405 Queen Street Southington 194 Group 27 1635 Robb Drive and 6144 & 6160 Mae Anne Avenue Reno 195 151-171 and 201-225 West 9th Avenue Foley 196 Group 21 904 Grapevine Highway Hurst ------------------------------------------------------------------------------------------------------------------------------------ 197 3700 Atascocita Road Humble 198 Group 28 19510 West Eight Mile Road Southfield 199 1359 Silver Bluff Road Aiken 200 4861 North Summit Street Toledo 201 Group 25 1601 Pearl Street Boulder ------------------------------------------------------------------------------------------------------------------------------------ 202 Group 17 5350 West Bell Road Glendale 203 Group 27 4510 South Eastern Avenue Las Vegas 204 33521 South Dixie Highway Florida City 205 Group 27 5301 Longley Lane, Building F Reno 206 Group 27 110 Huffaker Lane Reno CONTROL GENERAL DETAILED UNITS, PADS, NUMBER STATE ZIP CODE PROPERTY TYPE PROPERTY TYPE YEAR BUILT YEAR RENOVATED ROOMS, SQ FT --------------------------------------------------------------------------------------------------------------------------------- 1 3,882,036 1.01 Oregon 97223 Office General Suburban 1978-1989 1990, 2002, 2004, 2006 728,113 1.02 Oregon 97035 Office General Suburban 1986, 1997 NAP 418,774 1.03 Oregon 97008 Office General Suburban 1984-1991 NAP 685,788 1.04 Oregon 97204 Office General Urban 1982 2001 365,617 --------------------------------------------------------------------------------------------------------------------------------- 1.05 Oregon 97035 Office General Suburban 2003 NAP 183,347 1.06 Oregon 97258 Office General Urban 1974 1997 273,198 1.07 Oregon 97035 Office General Suburban 1999-2001 NAP 198,976 1.08 Oregon 97239 Office General Suburban 1985, 1989 2006 192,534 1.09 Oregon 97035 Office General Suburban 1988-1990 2002 144,275 --------------------------------------------------------------------------------------------------------------------------------- 1.10 Oregon 97035 Office General Suburban 1997 NAP 124,222 1.11 Oregon 97035 Office General Suburban 1981 2005 141,099 1.12 Oregon 97035 Office General Suburban 2006 NAP 102,567 1.13 Oregon 97035 Office General Suburban 2001 NAP 91,690 1.14 Oregon 97035 Office General Suburban 1984-1986 2003 101,486 --------------------------------------------------------------------------------------------------------------------------------- 1.15 Oregon 97035 Office General Suburban 1999 NAP 74,352 1.16 Oregon 97035 Office General Suburban 1996 2003 55,998 2 California 90071 Office General Urban 1982 2007 1,385,325 3 California 90071 Office General Urban 1992 NAP 1,329,810 4 1,041,818 --------------------------------------------------------------------------------------------------------------------------------- 4.01 New Jersey 07940 Office General Suburban 2000 NAP 203,258 4.02 New Jersey 07940 Office General Suburban 1984 2006 155,936 4.03 New Jersey 07078 Office General Suburban 1981 2003 197,779 4.04 New Jersey 07940 Office General Suburban 1990 NAP 141,000 4.05 New Jersey 07078 Office General Suburban 1981 2003 123,000 --------------------------------------------------------------------------------------------------------------------------------- 4.06 New Jersey 07960 Office General Suburban 1986 NAP 220,845 5 Connecticut 06901 Office General Urban 1980 2007 527,424 6 New York 10001 Other Ground Lease 1909 2000-2005 354,298 7 New York 11553 Office General Suburban 1985 1996 1,063,950 8 4,539 --------------------------------------------------------------------------------------------------------------------------------- 8.01 Virginia 23320 Hospitality Limited Service 1996 2006 133 8.02 Arizona 85233 Hospitality Limited Service 1998 2007 139 8.03 Georgia 30318 Hospitality Limited Service 1996 2003 149 8.04 Georgia 30076 Hospitality Limited Service 1996 2006 137 8.05 Georgia 30096 Hospitality Limited Service 1997 2006 139 --------------------------------------------------------------------------------------------------------------------------------- 8.06 South Carolina 29406 Hospitality Limited Service 1997 2006 139 8.07 Virginia 23606 Hospitality Limited Service 1996 2005 135 8.08 Texas 75243 Hospitality Limited Service 1997 2006 145 8.09 Georgia 30093 Hospitality Limited Service 1996 2007 150 8.10 Alabama 35209 Hospitality Limited Service 1990 2003 152 --------------------------------------------------------------------------------------------------------------------------------- 8.11 Indiana 46278 Hospitality Limited Service 1997 2006 136 8.12 Alabama 36619 Hospitality Limited Service 1999 2006 90 8.13 Kentucky 40219 Hospitality Limited Service 1996 2005 151 8.14 North Carolina 27529 Hospitality Limited Service 1997 2007 142 8.15 Missouri 63303 Hospitality Limited Service 1997 2006 131 --------------------------------------------------------------------------------------------------------------------------------- 8.16 Indiana 46219 Hospitality Limited Service 1997 2006 136 8.17 Georgia 30297 Hospitality Limited Service 1988 2006 126 8.18 Ohio 45458 Hospitality Limited Service 1997 2005 130 8.19 Georgia 30135 Hospitality Limited Service 1996 2004 133 8.20 Georgia 30047 Hospitality Limited Service 1995 2003 132 --------------------------------------------------------------------------------------------------------------------------------- 8.21 Ohio 43232 Hospitality Limited Service 1997 2005 140 8.22 Missouri 63042 Hospitality Limited Service 1997 2006 137 8.23 North Carolina 28105 Hospitality Limited Service 1995 2006 140 8.24 South Carolina 29605 Hospitality Limited Service 1993 2006 131 8.25 South Carolina 29212 Hospitality Limited Service 2000 2006 108 --------------------------------------------------------------------------------------------------------------------------------- 8.26 Ohio 43229 Hospitality Limited Service 1997 2005 136 8.27 Mississippi 39206 Hospitality Limited Service 1997 2006 133 8.28 Georgia 30122 Hospitality Limited Service 2000 2006 108 8.29 Pennsylvania 15237 Hospitality Limited Service 2000 2006 125 8.30 North Carolina 28213 Hospitality Limited Service 1997 2003 139 --------------------------------------------------------------------------------------------------------------------------------- 8.31 South Carolina 29418 Hospitality Limited Service 2001 2006 108 8.32 South Carolina 29615 Hospitality Limited Service 1996 2006 127 8.33 Georgia 30093 Hospitality Limited Service 1998 2007 114 8.34 Georgia 30188 Hospitality Limited Service 2000 2006 78 8.35 Georgia 31088 Hospitality Limited Service 2000 2006 90 --------------------------------------------------------------------------------------------------------------------------------- 9 California 90071 Office General Urban 1991 NAP 566,434 10 Massachusetts 02125 Multifamily Mid rise 1950 2006 1,283 11 New York 10018 Office General Urban 1915 NAP 333,901 12 District of 20036 Office General Urban 1984 2004 414,195 Columbia 13 California 90069 Office General Urban 1964 2002 295,693 --------------------------------------------------------------------------------------------------------------------------------- 14 California 91505 Office General Urban 1984 NAP 421,990 15 Pennsylvania 19027 Multifamily Garden 1949-1951 2002-2004, 2006-2007 1,798 16 Connecticut 06830 Office General Urban 1978 2006 131,634 17 Arizona 85054 Other Car Dealership 2002 NAP 435,386 18 Pennsylvania 19154 Retail Regional Mall 1989 2005 1,502,853 --------------------------------------------------------------------------------------------------------------------------------- 19 333,505 19.01 California 92868 Office General Suburban 1987 NAP 290,820 19.02 California 92868 Retail Single Tenant 1987 NAP 42,685 20 535,359 20.01 Indiana 47150 Retail Theatre 2003 NAP 68,575 --------------------------------------------------------------------------------------------------------------------------------- 20.02 Tennessee 37042 Retail Theatre 2003 NAP 73,208 20.03 Georgia 30253 Retail Theatre 2005 NAP 57,941 20.04 Illinois 61265 Retail Theatre 2005 NAP 54,817 20.05 Kentucky 41076 Retail Theatre 2000 NAP 54,645 20.06 Kentucky 42101 Retail Theatre 2001 NAP 48,658 --------------------------------------------------------------------------------------------------------------------------------- 20.07 Missouri 63368 Retail Theatre 2005 NAP 51,958 20.08 Pennsylvania 17756 Retail Theatre 2004 NAP 44,608 20.09 Indiana 46060 Retail Theatre 2004 NAP 33,892 20.10 Indiana 47274 Retail Theatre 1998 NAP 24,905 20.11 Indiana 47421 Retail Theatre 1996 NAP 22,152 --------------------------------------------------------------------------------------------------------------------------------- 21 Connecticut 06103 Office General Urban 1987 1998 837,225 22 California 90017 Office General Urban 1980 2006 385,455 23 Colorado 80202 Office General Urban 1979 2005 507,837 24 Pennsylvania 19106 Hospitality Full Service 2000 NAP 350 25 California 90210 Mixed Use Multifamily/Retail 2006 NAP 156,855 --------------------------------------------------------------------------------------------------------------------------------- 26 Virginia 22314 Hospitality Limited Service 2003 NAP 240 27 Pennsylvania 15235 Office General Suburban 1964-1982, 1998 963,308 1996 28 Illinois 60606 Office General Urban 1971 2006 476,711 29 Illinois 60173 Office General Suburban 1974 1988 390,744 30 Illinois 60173 Office General Suburban 1973 2005 196,144 --------------------------------------------------------------------------------------------------------------------------------- 31 District of 20036 Office General Urban 1985 NAP 153,161 Columbia 32 Ohio 44333 Retail Power Center / Big 1992-1993 NAP 483,347 Box 33 Pennsylvania 19013 Office General Suburban 1919 2004 394,479 34 California 92705 Office General Suburban 1987 NAP 215,003 35 Michigan 48105 Office General Suburban 1988 1999 223,114 --------------------------------------------------------------------------------------------------------------------------------- 36 345,943 36.01 Michigan 48237 Office General Suburban 1972 NAP 264,819 36.02 Michigan 48152 Office General Suburban 1998 NAP 81,124 37 735 37.01 Virginia 20166 Hospitality Limited Service 2004 NAP 121 --------------------------------------------------------------------------------------------------------------------------------- 37.02 Tennessee 38120 Hospitality Limited Service 1998 2007 114 37.03 Virginia 20166 Hospitality Limited Service 2004 NAP 132 37.04 Florida 32746 Hospitality Limited Service 2002 NAP 123 37.05 North Carolina 28403 Hospitality Limited Service 1998 2006 107 37.06 Florida 32256 Hospitality Limited Service 1997 NAP 138 --------------------------------------------------------------------------------------------------------------------------------- 38 Rhode Island 02903 Office General Urban 1972 1999 322,402 39 2,207 39.01 Michigan 48917 Hospitality Full Service 1972 1997 244 39.02 Florida 32504 Hospitality Limited Service 1985 NAP 122 39.03 Iowa 52401 Hospitality Full Service 1979 2005 275 --------------------------------------------------------------------------------------------------------------------------------- 39.04 Florida 32504 Hospitality Full Service 1981 NAP 152 39.05 Pennsylvania 15220 Hospitality Full Service 1972 2000 201 39.06 Florida 33880 Hospitality Full Service 1968 1999 228 39.07 Georgia 31201 Hospitality Full Service 1971 2005 298 39.08 Pennsylvania 17402 Hospitality Full Service 1970 1999 100 --------------------------------------------------------------------------------------------------------------------------------- 39.09 Alabama 35660 Hospitality Full Service 1981 2005 201 39.10 South Carolina 29406 Hospitality Full Service 1981 NAP 197 39.11 Pennsylvania 17601 Hospitality Full Service 1970 2000 189 40 Texas 75093 Office General Suburban 1985 2005 359,630 41 South Carolina 29401 Office General Urban 1991 2003 143,399 --------------------------------------------------------------------------------------------------------------------------------- 42 205,402 42.01 Nevada 89119 Office General Suburban 1995 NAP 81,000 42.02 Nevada 89119 Office General Suburban 1992 NAP 53,834 42.03 Nevada 89119 Office General Suburban 1990 NAP 32,528 42.04 Nevada 89119 Office General Suburban 1988 NAP 26,760 --------------------------------------------------------------------------------------------------------------------------------- 42.05 Nevada 89119 Office General Suburban 1991 NAP 11,280 43 California 92868 Office General Suburban 1984 NAP 157,231 44 Georgia 30265 Multifamily Garden 1990 2001 561 45 New Mexico 87102 Hospitality Full Service 1990 2001 395 46 241,906 --------------------------------------------------------------------------------------------------------------------------------- 46.01 Pennsylvania 19428 Office General Suburban 1870 1999 170,613 46.02 Pennsylvania 19428 Office General Suburban 1870 1999 71,293 47 Illinois 60602 Hospitality Full Service 1895 1999 122 48 Colorado 80202 Hospitality Full Service 1911 1994, 1995, 2006, 2007 246 49 North Carolina 28277 Hospitality Full Service 2001 NAP 249 --------------------------------------------------------------------------------------------------------------------------------- 50 Michigan 48025 Office General Suburban 1979-1981 NAP 522,219 51 242,423 51.01 Texas 79762 Retail Strip Center 1973 2006 101,299 51.02 Texas 78232 Retail Strip Center 1983 NAP 52,516 51.03 Texas 78233 Retail Strip Center 2005 NAP 18,747 --------------------------------------------------------------------------------------------------------------------------------- 51.04 Texas 79707 Retail Strip Center 2006 NAP 16,900 51.05 Texas 79701 Retail Strip Center 2006 NAP 27,683 51.06 Texas 79762 Retail Strip Center 2003 NAP 25,278 52 Pennsylvania 19446 Retail Anchored 1975 2007 139,623 53 California 95630 Retail Anchored 1988 2005 141,310 --------------------------------------------------------------------------------------------------------------------------------- 54 New Jersey 08043 Office General Suburban 1971 2002 208,215 55 New York 10573 Office General Suburban 1982 2004 196,562 56 South Carolina 29715 Office General Suburban 2005 NAP 165,000 57 Massachusetts 02125 Hospitality Full Service 1999 2006 197 58 North Carolina 27101 Office General Urban 1997-1998 NAP 204,878 --------------------------------------------------------------------------------------------------------------------------------- 59 Maryland 20879 Office General Suburban 1987 NAP 123,689 60 198,296 60.01 Pennsylvania 19462 Office General Suburban 1965 2000 70,310 60.02 Pennsylvania 19022 Office General Suburban 1999 NAP 56,320 60.03 Pennsylvania 19044 Office General Suburban 1965 1999 50,724 --------------------------------------------------------------------------------------------------------------------------------- 60.04 Pennsylvania 19462 Office General Suburban 1965 NAP 20,942 61 Hawaii 96819 Self-Storage General, 2001 NAP 1,767 units/other storage 62 California 95928 Retail Anchored 1985-2004 NAP 186,553 63 California 95035 Office General Suburban 1984 2003 180,481 64 North Carolina 27713 Office General Suburban 2001 NAP 152,366 --------------------------------------------------------------------------------------------------------------------------------- 65 South Carolina 29418 Retail Anchored 2006 NAP 139,600 66 Arizona 85283 Office General Suburban 1998 NAP 160,313 67 Virginia 20151 Office General Suburban 1989 2007 115,839 68 Virginia 20171 Office General Suburban 1987 NAP 100,926 69 Florida 33897 Retail Anchored 2003 2006 99,441 --------------------------------------------------------------------------------------------------------------------------------- 70 California 91790 Retail Anchored 1995 NAP 94,971 71 California 94080 Other Land 2007 NAP 331,970 72 California 95628 Multifamily Garden 1979 2003 270 73 Pennsylvania 18109 Office General Suburban 1986 - 1989 NAP 191,521 74 Hawaii 96782 Self-Storage Urban, mid rise 2005 2007 1,272 --------------------------------------------------------------------------------------------------------------------------------- 75 North Carolina 27539 Multifamily Garden 1997-1998 NAP 256 76 Delaware 19713 Multifamily Garden 1968-1972 NAP 615 77 Massachusetts 02210 Office General Urban 1904 2005 106,171 78 California 95618 Multifamily Garden 1973 2000 176 79 California 91105 Office Medical 2006-2007 NAP 49,455 --------------------------------------------------------------------------------------------------------------------------------- 80 Nevada 89015 Retail Anchored 2003-2004 NAP 95,136 81 Ohio 45342 Industrial Warehouse 1997 2002 348,800 82 California 92056 Retail Shadow Anchored 1990 2005 58,669 83 Minnesota 55108 Office General Suburban 1985, 1986 NAP 190,334 84 1,884 --------------------------------------------------------------------------------------------------------------------------------- 84.01 Texas 75013 Self-Storage General, units only 2004 NAP 548 84.02 Texas 75074 Self-Storage General, units only 2005 NAP 529 84.03 Texas 76116 Self-Storage General, units only 2005 NAP 442 84.04 Texas 75019 Self-Storage General, units only 2005 NAP 365 85 Texas 78041 Hospitality Full Service 2005 NAP 154 --------------------------------------------------------------------------------------------------------------------------------- 86 California 95630 Multifamily Garden 1989 2004 200 87 Nevada 89119 Office General Suburban 1997 NAP 60,487 88 Texas 77056 Retail Strip Center 2005 NAP 33,944 89 132 89.01 Pennsylvania 19121 Multifamily Student Housing 1880 2006 7 --------------------------------------------------------------------------------------------------------------------------------- 89.02 Pennsylvania 19121 Multifamily Student Housing 1920 2001 38 89.03 Pennsylvania 19121 Multifamily Student Housing 1905 2003 11 89.04 Pennsylvania 19121 Multifamily Student Housing 1880 2001 1 89.05 Pennsylvania 19121 Multifamily Student Housing 1880 2004 3 89.06 Pennsylvania 19121 Multifamily Student Housing 1880 2002 3 --------------------------------------------------------------------------------------------------------------------------------- 89.07 Pennsylvania 19121 Multifamily Student Housing 1880 2001 6 89.08 Pennsylvania 19121 Multifamily Student Housing 1880 2002 3 89.09 Pennsylvania 19121 Multifamily Student Housing 1880 2001 6 89.10 Pennsylvania 19121 Multifamily Student Housing 1880 2002 2 89.11 Pennsylvania 19121 Multifamily Student Housing 1880 2005 3 --------------------------------------------------------------------------------------------------------------------------------- 89.12 Pennsylvania 19121 Multifamily Student Housing 1880 2006 3 89.13 Pennsylvania 19121 Multifamily Student Housing 1880 2005 3 89.14 Pennsylvania 19121 Multifamily Student Housing 1880 2006 2 89.15 Pennsylvania 19121 Multifamily Student Housing 1880 2004 2 89.16 Pennsylvania 19121 Multifamily Student Housing 1880 2004 2 --------------------------------------------------------------------------------------------------------------------------------- 89.17 Pennsylvania 19121 Mixed Use Retail/Student 1880 2004 2 Housing 89.18 Pennsylvania 19121 Multifamily Student Housing 1880 2000 1 89.19 Pennsylvania 19121 Multifamily Student Housing 1880 2005 1 89.20 Pennsylvania 19121 Mixed Use Retail/Student 1880 2007 3 Housing 89.21 Pennsylvania 19121 Multifamily Student Housing 1880 2003 1 --------------------------------------------------------------------------------------------------------------------------------- 89.22 Pennsylvania 19121 Multifamily Student Housing 1880 2002 3 89.23 Pennsylvania 19121 Multifamily Student Housing 1880 2005 1 89.24 Pennsylvania 19121 Multifamily Student Housing 1880 2001 1 89.25 Pennsylvania 19121 Multifamily Student Housing 1880 2000 1 89.26 Pennsylvania 19121 Multifamily Student Housing 1880 2004 1 --------------------------------------------------------------------------------------------------------------------------------- 89.27 Pennsylvania 19121 Multifamily Student Housing 1880 2006 1 89.28 Pennsylvania 19121 Multifamily Student Housing 1880 2003 1 89.29 Pennsylvania 19121 Multifamily Student Housing 1880 2003 1 89.30 Pennsylvania 19121 Multifamily Student Housing 1880 2006 1 89.31 Pennsylvania 19121 Multifamily Student Housing 1880 2003 1 --------------------------------------------------------------------------------------------------------------------------------- 89.32 Pennsylvania 19121 Multifamily Student Housing 1970 2002 1 89.33 Pennsylvania 19121 Multifamily Student Housing 1950 2005 1 89.34 Pennsylvania 19121 Multifamily Student Housing 1880 2006 1 89.35 Pennsylvania 19121 Multifamily Student Housing 1880 2004 1 89.36 Pennsylvania 19121 Multifamily Student Housing 1880 2004 1 --------------------------------------------------------------------------------------------------------------------------------- 89.37 Pennsylvania 19121 Multifamily Student Housing 1880 2004 1 89.38 Pennsylvania 19121 Multifamily Student Housing 1880 2006 1 89.39 Pennsylvania 19121 Multifamily Student Housing 1880 2005 1 89.40 Pennsylvania 19121 Multifamily Student Housing 1880 2003 1 89.41 Pennsylvania 19121 Multifamily Student Housing 1880 2004 1 --------------------------------------------------------------------------------------------------------------------------------- 89.42 Pennsylvania 19121 Multifamily Student Housing 1880 2005 1 89.43 Pennsylvania 19121 Multifamily Student Housing 1880 2005 1 89.44 Pennsylvania 19121 Multifamily Student Housing 1880 2004 1 89.45 Pennsylvania 19121 Multifamily Student Housing 1880 2007 1 89.46 Pennsylvania 19121 Multifamily Student Housing 1880 2004 1 --------------------------------------------------------------------------------------------------------------------------------- 89.47 Pennsylvania 19121 Multifamily Student Housing 1880 2004 1 89.48 Pennsylvania 19121 Office General Urban 1950 2005 1 90 California 92024 Office Medical 2004 NAP 38,111 91 Nevada 89141 Office General Suburban 2004 NAP 67,856 92 California 94109 Multifamily Mid-Rise 1911 Ongoing 84 --------------------------------------------------------------------------------------------------------------------------------- 93 Nevada 89502 Retail Anchored 1984-2003 NAP 102,907 94 Maryland 21037 Retail Anchored 1998 NAP 120,234 95 Georgia 30327 Multifamily Mid-Rise 2002 NAP 80 96 54,725 96.01 Kentucky 40503 Retail Anchored 2006 NAP 19,555 --------------------------------------------------------------------------------------------------------------------------------- 96.02 New York 13440 Retail Single Tenant Retail 2001 NAP 12,738 96.03 Kansas 66612 Retail Single Tenant Retail 1993 NAP 12,928 96.04 Texas 76022 Retail Single Tenant Retail 1995 NAP 9,504 97 Arizona 85308 Office General Suburban 1997-2005 NAP 68,663 98 Colorado 80222 Retail Shadow Anchored 1964, 1990 1986, 2000 61,444 --------------------------------------------------------------------------------------------------------------------------------- 99 Washington 98387 Retail Anchored 1996, 1997, NAP 129,665 2000, 2002 100 Georgia 30097 Retail Shadow Anchored 1994 2006 133,970 101 South Carolina 29169 Retail Anchored 1988 1997 202,750 102 Hawaii 96797 Industrial Warehouse 1991 2006 117,468 103 California 95747 Retail Shadow Anchored 2004, 2005 NAP 65,017 --------------------------------------------------------------------------------------------------------------------------------- 104 192,202 104.01 Pennsylvania 17011 Industrial Warehouse 1986 NAP 134,957 104.02 Pennsylvania 17055 Industrial Warehouse 1975 1993 57,245 105 New York 11772 Other Marina 1958 1987 394 106 Indiana 46074 Multifamily Garden 2001 NAP 192 --------------------------------------------------------------------------------------------------------------------------------- 107 California 95820 Retail Anchored 1964 1986 132,630 108 California 93726 Retail Single Tenant Retail 2000 NAP 80,600 109 Pennsylvania 17339 Industrial Warehouse 1970 2001 271,522 110 Nevada 89074 Office General Suburban 1997 NAP 46,706 111 California 92081 Retail Unanchored 1999-2000 NAP 32,210 --------------------------------------------------------------------------------------------------------------------------------- 112 Colorado 80439 Retail Unanchored 1987, 2006 2006 71,883 113 Wisconsin 54914 Retail Anchored 2000 2004 103,952 114 Utah 84121 Retail Anchored 1960 2000 63,334 115 Oregon 97302 Office General Suburban 2000 NAP 68,000 116 Minnesota 55125 Industrial Warehouse 1996 NAP 251,968 --------------------------------------------------------------------------------------------------------------------------------- 117 Michigan 48084 Hospitality Limited Service 2001 NAP 150 118 Florida 32259 Retail Anchored 2004-2005 NAP 77,747 119 California 95826 Retail Anchored 1973 2001 69,230 120 Florida 33511 Retail Anchored 2006 NAP 51,707 121 Arizona 85303 Multifamily Garden 1985 NAP 232 --------------------------------------------------------------------------------------------------------------------------------- 122 Colorado 80129 Retail Shadow Anchored 1998-1999 NAP 39,176 123 California 90650 Self-Storage General, units only 2003 NAP 849 124 Nebraska 68114 Hospitality Limited Service 1985 2005 128 125 North Carolina 28208 Hospitality Limited Service 2000 2007 102 126 Colorado 80302 Retail Unanchored 1999 NAP 13,925 --------------------------------------------------------------------------------------------------------------------------------- 127 North Carolina 27518 Office Medical 2005 NAP 40,986 128 Washington 98027 Office General Suburban 2001 2007 43,923 129 128 129.01 Iowa 50613 Hospitality Limited Service 1998 NAP 64 129.02 Iowa 50702 Hospitality Limited Service 1998 NAP 64 --------------------------------------------------------------------------------------------------------------------------------- 130 Illinois 60532 Office General Suburban 1986 2007 78,329 131 Colorado 80126 Retail Shadow Anchored 1994 NAP 39,156 132 New Mexico 87120 Retail Shadow Anchored 2005-2006 NAP 31,933 133 Texas 75080 Retail Unanchored 1979, 1982 NAP 52,040 134 North Carolina 28211 Office General Urban 1999 NAP 70,839 --------------------------------------------------------------------------------------------------------------------------------- 135 Ohio 45069 Retail Single Tenant Retail 2006 NAP 53,116 136 Texas 77095 Retail Anchored 1998, 1999 NAP 66,840 137 Minnesota 55429 Industrial Industrial / 1997 NAP 92,216 Warehouse w/ Office 138 New Jersey 08053 Office General Suburban 1986 NAP 77,822 139 Connecticut 06810 Industrial Warehouse 1964 1999 114,885 --------------------------------------------------------------------------------------------------------------------------------- 140 California 95661 Multifamily Garden 1988 2006 92 141 California 90606 Multifamily Garden 1959 2004 82 142 Illinois 60614 Retail Single Tenant 1996 NAP 21,875 143 New Jersey 07860 Office Medical 2005 NAP 35,727 144 Maine 04330 Office General Suburban 2002 NAP 65,912 --------------------------------------------------------------------------------------------------------------------------------- 145 California 91911 Retail Shadow Anchored 1972, 1982 2002 42,283 146 Nevada 89119 Industrial Office/Industrial 1986 2006 44,631 147 Minnesota 55318 Industrial Industrial/Office 1984 1986 140,465 148 Arizona 85204 Office General Suburban 2001 NAP 33,666 149 Pennsylvania 15221 Retail Anchored 1978 NAP 97,546 --------------------------------------------------------------------------------------------------------------------------------- 150 Maryland 21085 Retail Anchored 1970s, 1998, NAP 200,602 2007 151 Colorado 80206 Office General Suburban 1974 1998 22,702 152 Colorado 80027 Office General Suburban 1999 NAP 80,251 153 Florida 33183 Retail Shadow Anchored 1977 NAP 24,919 154 Florida 33141 Retail Unanchored 1949, 1987 NAP 19,725 --------------------------------------------------------------------------------------------------------------------------------- 155 Wisconsin 54701 Retail Single Tenant Retail 2003 NAP 74,746 156 Pennsylvania 19462 Office General Suburban 1983 2006 30,217 157 72,900 157.01 Ohio 43623 Office General Suburban 1993 2003-2006 28,186 157.02 Ohio 43537 Office General Suburban 1995 NAP 22,214 --------------------------------------------------------------------------------------------------------------------------------- 157.03 Ohio 43537 Office General Suburban 2000 NAP 22,500 158 Texas 78752 Multifamily Garden 1979 2004 204 159 Maryland 21206 Self-Storage Urban, low rise 2004 NAP 483 160 Texas 75204 Office General Urban 1981 NAP 59,863 161 New Jersey 08831 Office Medical 2006 NAP 27,089 --------------------------------------------------------------------------------------------------------------------------------- 162 California 93309 Office General Suburban 1982 2006 30,012 163 Wisconsin 53718 Office General Suburban 2002 NAP 47,604 164 Arizona 85224 Office Medical 2002 NAP 22,500 165 Arizona 86001 Retail Anchored 1997 NAP 37,926 166 California 91304 Multifamily Garden 1963 NAP 72 --------------------------------------------------------------------------------------------------------------------------------- 167 California 94596 Office General Suburban 1983 2000 28,630 168 Connecticut 06470 Industrial Industrial / 1966 1997 64,762 Warehouse w/ Office 169 Connecticut 06032 Retail Strip Center 1978 NAP 43,074 170 California 94070 Multifamily Garden 2000 NAP 42 171 New York 13204 Office General Urban 1903 2004, 2007 44,205 --------------------------------------------------------------------------------------------------------------------------------- 172 North Carolina 28732 Hospitality Limited Service 1993 2006 107 173 California 92316 Self-Storage Other - Self-Storage 2006 NAP 533 174 Pennsylvania 19601 Office General Urban 1914 1986 115,733 175 Virginia 23225 Office Medical 1984, 1994 NAP 33,546 176 Maryland 21046 Retail Shadow Anchored 1997 NAP 15,048 --------------------------------------------------------------------------------------------------------------------------------- 177 Ohio 45439 Industrial Warehouse 1987 NAP 98,201 178 Florida 33026 Retail Anchored 1995 2007 50,000 179 Texas 76248 Office General Suburban 2006 NAP 25,315 180 Tennessee 37076 Self-Storage General, 2004 2006 617 units/other storage 181 California 95304 Retail Unanchored 2006 NAP 11,040 --------------------------------------------------------------------------------------------------------------------------------- 182 Maryland 20747 Self-Storage General, units only 2002 NAP 433 183 Wisconsin 54603 Office General Suburban 2006 NAP 31,214 184 Texas 78216 Retail Shadow Anchored 1980 2002-2003 51,678 185 California 90660 Multifamily Mid rise 1964 NAP 45 186 California 92660 Office General Suburban 2004 NAP 19,501 --------------------------------------------------------------------------------------------------------------------------------- 187 California 90019 Multifamily Mid rise 1929 2006 40 188 Colorado 80107 Retail Shadow Anchored 1999 NAP 26,776 189 Tennessee 37701 Retail Shadow Anchored 2006-2007 NAP 20,450 190 Wisconsin 54935 Retail Shadow Anchored 2006 NAP 11,602 191 South Carolina 29910 Office General Suburban 2006 NAP 16,835 --------------------------------------------------------------------------------------------------------------------------------- 192 California 90706 Multifamily Mid rise 1963 NAP 34 193 Connecticut 06489 Retail Strip Center 1987 NAP 29,609 194 Nevada 89523 Office General Suburban 2005 2006 16,581 195 Alabama 36535 Retail Shadow Anchored 2002, 2003 NAP 32,170 196 Texas 76054 Self-Storage General, units only 1995 NAP 502 --------------------------------------------------------------------------------------------------------------------------------- 197 Texas 77396 Self-Storage General, 2002 2005 604 units/other storage 198 Michigan 48075 Self-Storage General, units only 2002 NAP 555 199 South Carolina 29803 Office General Suburban 1991 2005 51,532 200 Ohio 43611 Retail Single Tenant Retail 2006-2007 NAP 11,157 201 Colorado 80302 Retail Unanchored 2003 NAP 11,560 --------------------------------------------------------------------------------------------------------------------------------- 202 Arizona 85308 Retail Shadow Anchored 2005-2006 NAP 8,318 203 Nevada 89121 Office General Suburban 1990 NAP 12,696 204 Florida 33034 Retail Shadow Anchored 2006 NAP 9,375 205 Nevada 89511 Industrial Warehouse 1991 2005 25,358 206 Nevada 89511 Office General Suburban 2006 NAP 6,720 ALLOCATED CUT-OFF CONTROL UNIT LOAN PER OWNERSHIP ORIGINAL CUT-OFF DATE DATE BALANCE % OF INITIAL NUMBER DESCRIPTION UNIT ($) INTEREST BALANCE ($) BALANCE ($) (MULTI-PROPERTY) POOL BALANCE --------------------------------------------------------------------------------------------------------------------------- 1 Sq Ft 179.60 697,200,000 697,200,000 9.1% 1.01 Sq Ft Fee Simple 125,520,973 1.02 Sq Ft Fee Simple / Leasehold 87,864,681 1.03 Sq Ft Fee Simple 76,889,811 1.04 Sq Ft Fee Simple / Leasehold 53,297,125 --------------------------------------------------------------------------------------------------------------------------- 1.05 Sq Ft Fee Simple 51,917,052 1.06 Sq Ft Fee Simple 50,274,107 1.07 Sq Ft Fee Simple 50,208,389 1.08 Sq Ft Fee Simple 32,201,715 1.09 Sq Ft Leasehold 28,850,108 --------------------------------------------------------------------------------------------------------------------------- 1.10 Sq Ft Leasehold 27,732,906 1.11 Sq Ft Fee Simple 26,024,244 1.12 Sq Ft Fee Simple 25,564,219 1.13 Sq Ft Leasehold 18,729,569 1.14 Sq Ft Fee Simple 17,349,495 --------------------------------------------------------------------------------------------------------------------------- 1.15 Sq Ft Leasehold 13,932,171 1.16 Sq Ft Fee Simple 10,843,435 2 Sq Ft 397.02 Fee Simple 550,000,000 550,000,000 550,000,000 7.2% 3 Sq Ft 353.43 Leasehold 470,000,000 470,000,000 470,000,000 6.1% 4 SQ FT 259.52 270,375,000 270,375,000 3.5% --------------------------------------------------------------------------------------------------------------------------- 4.01 Sq Ft Fee Simple 56,000,000 4.02 Sq Ft Fee Simple 54,500,000 4.03 Sq Ft Fee Simple 48,000,000 4.04 Sq Ft Fee Simple 38,375,000 4.05 Sq Ft Fee Simple 37,500,000 --------------------------------------------------------------------------------------------------------------------------- 4.06 Sq Ft Fee Simple 36,000,000 5 Sq Ft 502.44 Fee Simple 265,000,000 265,000,000 265,000,000 3.5% 6 Sq Ft 539.80 Fee Simple 191,250,000 191,250,000 191,250,000 2.5% 7 Sq Ft 176.00 Leasehold 187,250,000 187,250,000 187,250,000 2.4% 8 ROOMS 40,978.19 186,000,000 186,000,000 2.4% --------------------------------------------------------------------------------------------------------------------------- 8.01 Rooms Fee Simple 9,300,000 8.02 Rooms Fee Simple 8,300,000 8.03 Rooms Fee Simple 7,552,484 8.04 Rooms Fee Simple 7,500,000 8.05 Rooms Fee Simple 6,990,065 --------------------------------------------------------------------------------------------------------------------------- 8.06 Rooms Fee Simple 6,914,145 8.07 Rooms Fee Simple 6,900,000 8.08 Rooms Fee Simple 6,266,955 8.09 Rooms Fee Simple 6,186,610 8.10 Rooms Fee Simple 6,186,609 --------------------------------------------------------------------------------------------------------------------------- 8.11 Rooms Fee Simple 6,106,263 8.12 Rooms Fee Simple 5,543,844 8.13 Rooms Fee Simple 5,463,499 8.14 Rooms Fee Simple 5,383,153 8.15 Rooms Fee Simple 5,300,000 --------------------------------------------------------------------------------------------------------------------------- 8.16 Rooms Fee Simple 5,142,117 8.17 Rooms Fee Simple 5,000,000 8.18 Rooms Fee Simple 4,981,425 8.19 Rooms Fee Simple 4,901,080 8.20 Rooms Fee Simple 4,901,080 --------------------------------------------------------------------------------------------------------------------------- 8.21 Rooms Fee Simple 4,820,734 8.22 Rooms Fee Simple 4,820,734 8.23 Rooms Fee Simple 4,499,352 8.24 Rooms Fee Simple 4,400,000 8.25 Rooms Fee Simple 4,300,000 --------------------------------------------------------------------------------------------------------------------------- 8.26 Rooms Fee Simple 4,300,000 8.27 Rooms Fee Simple 4,250,000 8.28 Rooms Fee Simple 4,177,970 8.29 Rooms Fee Simple 4,177,970 8.30 Rooms Fee Simple 4,097,624 --------------------------------------------------------------------------------------------------------------------------- 8.31 Rooms Fee Simple 4,014,187 8.32 Rooms Fee Simple 3,936,933 8.33 Rooms Fee Simple 3,700,000 8.34 Rooms Fee Simple 3,100,000 8.35 Rooms Fee Simple 2,585,167 --------------------------------------------------------------------------------------------------------------------------- 9 Sq Ft 291.30 Fee Simple 165,000,000 165,000,000 165,000,000 2.2% 10 Units 125,097.43 Leasehold 160,500,000 160,500,000 160,500,000 2.1% 11 Sq Ft 479.18 Fee Simple 160,000,000 160,000,000 160,000,000 2.1% 12 Sq Ft 334.66 Fee Simple / Leasehold 138,613,339 138,613,339 138,613,339 1.8% 13 Sq Ft 456.55 Fee Simple 135,000,000 135,000,000 135,000,000 1.8% --------------------------------------------------------------------------------------------------------------------------- 14 Sq Ft 319.91 Fee Simple 135,000,000 135,000,000 135,000,000 1.8% 15 Units 72,024.47 Fee Simple 129,500,000 129,500,000 129,500,000 1.7% 16 Sq Ft 942.01 Fee Simple 124,000,000 124,000,000 124,000,000 1.6% 17 Sq Ft 275.62 Fee Simple 120,000,000 120,000,000 120,000,000 1.6% 18 Sq Ft 192.97 Fee Simple 116,000,000 116,000,000 116,000,000 1.5% --------------------------------------------------------------------------------------------------------------------------- 19 SQ FT 310.34 103,500,000 103,500,000 1.4% 19.01 Sq Ft Fee Simple 95,972,727 19.02 Sq Ft Fee Simple 7,527,273 20 SQ FT 173.21 92,730,000 92,730,000 1.2% 20.01 Sq Ft Fee Simple 14,216,000 --------------------------------------------------------------------------------------------------------------------------- 20.02 Sq Ft Fee Simple 13,698,000 20.03 Sq Ft Fee Simple 12,803,000 20.04 Sq Ft Fee Simple 9,260,000 20.05 Sq Ft Fee Simple 8,910,000 20.06 Sq Ft Fee Simple 8,437,000 --------------------------------------------------------------------------------------------------------------------------- 20.07 Sq Ft Fee Simple 7,893,000 20.08 Sq Ft Fee Simple 7,103,000 20.09 Sq Ft Fee Simple 6,157,000 20.10 Sq Ft Fee Simple 2,780,000 20.11 Sq Ft Fee Simple 1,473,000 --------------------------------------------------------------------------------------------------------------------------- 21 Sq Ft 104.57 Fee Simple / Leasehold 87,550,000 87,550,000 87,550,000 1.1% 22 Sq Ft 220.52 Fee Simple 85,000,000 85,000,000 85,000,000 1.1% 23 Sq Ft 167.38 Fee Simple 85,000,000 85,000,000 85,000,000 1.1% 24 Rooms 228,571.43 Leasehold 80,000,000 80,000,000 80,000,000 1.0% 25 Sq Ft 466.04 Leasehold 73,100,000 73,100,000 73,100,000 1.0% --------------------------------------------------------------------------------------------------------------------------- 26 Rooms 266,666.67 Fee Simple 64,000,000 64,000,000 64,000,000 0.8% 27 Sq Ft 63.84 Fee Simple 61,500,000 61,500,000 61,500,000 0.8% 28 Sq Ft 120.62 Fee Simple 57,500,000 57,500,000 57,500,000 0.8% 29 Sq Ft 102.50 Fee Simple 40,050,000 40,050,000 40,050,000 0.5% 30 Sq Ft 85.39 Fee Simple 16,748,000 16,748,000 16,748,000 0.2% --------------------------------------------------------------------------------------------------------------------------- 31 Sq Ft 368.89 Fee Simple 56,500,000 56,500,000 56,500,000 0.7% 32 Sq Ft 114.82 Fee Simple 55,500,000 55,500,000 55,500,000 0.7% 33 Sq Ft 139.93 Fee Simple 55,200,000 55,200,000 55,200,000 0.7% 34 Sq Ft 255.81 Fee Simple 55,000,000 55,000,000 55,000,000 0.7% 35 Sq Ft 139.79 Fee Simple 31,189,427 31,189,427 31,189,427 0.4% --------------------------------------------------------------------------------------------------------------------------- 36 SQ FT 63.34 21,910,573 21,910,573 0.3% 36.01 Sq Ft Fee Simple 12,475,771 36.02 Sq Ft Fee Simple 9,434,802 37 ROOMS 71,156.46 52,300,000 52,300,000 0.7% 37.01 Rooms Fee Simple 14,011,990 --------------------------------------------------------------------------------------------------------------------------- 37.02 Rooms Fee Simple 9,650,985 37.03 Rooms Fee Simple 9,514,840 37.04 Rooms Fee Simple 8,171,875 37.05 Rooms Fee Simple 5,834,720 37.06 Rooms Fee Simple 5,115,590 --------------------------------------------------------------------------------------------------------------------------- 38 Sq Ft 160.51 Fee Simple 51,750,000 51,750,000 51,750,000 0.7% 39 ROOMS 21,975.53 48,500,000 48,500,000 0.6% 39.01 Rooms Fee Simple 9,278,793 39.02 Rooms Fee Simple 8,179,032 39.03 Rooms Leasehold 5,410,730 --------------------------------------------------------------------------------------------------------------------------- 39.04 Rooms Fee Simple 5,294,538 39.05 Rooms Fee Simple 5,168,840 39.06 Rooms Fee Simple 4,719,233 39.07 Rooms Fee Simple 4,674,016 39.08 Rooms Fee Simple 1,973,510 --------------------------------------------------------------------------------------------------------------------------- 39.09 Rooms Leasehold 1,489,927 39.10 Rooms Fee Simple 1,396,894 39.11 Rooms Leasehold 914,487 40 Sq Ft 133.47 Fee Simple 48,000,000 48,000,000 48,000,000 0.6% 41 Sq Ft 320.78 Fee Simple 46,000,000 46,000,000 46,000,000 0.6% --------------------------------------------------------------------------------------------------------------------------- 42 SQ FT 216.36 44,440,000 44,440,000 0.6% 42.01 Sq Ft Fee Simple 19,935,200 42.02 Sq Ft Fee Simple 10,716,000 42.03 Sq Ft Fee Simple 6,460,800 42.04 Sq Ft Fee Simple 5,121,600 --------------------------------------------------------------------------------------------------------------------------- 42.05 Sq Ft Fee Simple 2,206,400 43 Sq Ft 282.20 Fee Simple 44,370,000 44,370,000 44,370,000 0.6% 44 Units 77,005.35 Fee Simple 43,200,000 43,200,000 43,200,000 0.6% 45 Rooms 108,860.76 Fee Simple / Leasehold 43,000,000 43,000,000 43,000,000 0.6% 46 SQ FT 162.05 39,200,000 39,200,000 0.5% --------------------------------------------------------------------------------------------------------------------------- 46.01 Sq Ft Fee Simple 27,600,000 46.02 Sq Ft Fee Simple 11,600,000 47 Rooms 295,081.97 Fee Simple 36,000,000 36,000,000 36,000,000 0.5% 48 Rooms 145,528.46 Fee Simple 35,800,000 35,800,000 35,800,000 0.5% 49 Rooms 142,570.28 Fee Simple 35,500,000 35,500,000 35,500,000 0.5% --------------------------------------------------------------------------------------------------------------------------- 50 Sq Ft 67.02 Fee Simple 35,000,000 35,000,000 35,000,000 0.5% 51 SQ FT 137.78 33,400,000 33,400,000 0.4% 51.01 Sq Ft Fee Simple 9,200,000 51.02 Sq Ft Fee Simple 7,840,000 51.03 Sq Ft Fee Simple 4,800,000 --------------------------------------------------------------------------------------------------------------------------- 51.04 Sq Ft Fee Simple 4,400,000 51.05 Sq Ft Fee Simple 4,040,000 51.06 Sq Ft Fee Simple 3,120,000 52 Sq Ft 229.09 Fee Simple 32,000,000 31,986,384 31,986,384 0.4% 53 Sq Ft 224.19 Fee Simple 31,680,000 31,680,000 31,680,000 0.4% --------------------------------------------------------------------------------------------------------------------------- 54 Sq Ft 149.46 Fee Simple 31,120,000 31,120,000 31,120,000 0.4% 55 Sq Ft 157.71 Fee Simple 31,000,000 31,000,000 31,000,000 0.4% 56 Sq Ft 167.88 Fee Simple 27,700,000 27,700,000 27,700,000 0.4% 57 Rooms 134,517.77 Fee Simple 26,500,000 26,500,000 26,500,000 0.3% 58 Sq Ft 126.90 Fee Simple 26,000,000 26,000,000 26,000,000 0.3% --------------------------------------------------------------------------------------------------------------------------- 59 Sq Ft 202.12 Fee Simple 25,000,000 25,000,000 25,000,000 0.3% 60 SQ FT 124.26 24,640,000 24,640,000 0.3% 60.01 Sq Ft Fee Simple 9,920,000 60.02 Sq Ft Fee Simple 6,480,000 60.03 Sq Ft Fee Simple 5,360,000 --------------------------------------------------------------------------------------------------------------------------- 60.04 Sq Ft Fee Simple 2,880,000 61 Units 13,921.90 Leasehold 24,600,000 24,600,000 24,600,000 0.3% 62 Sq Ft 124.63 Fee Simple 23,250,000 23,250,000 23,250,000 0.3% 63 Sq Ft 128.11 Fee Simple 23,250,000 23,121,506 23,121,506 0.3% 64 Sq Ft 151.05 Fee Simple 23,015,000 23,015,000 23,015,000 0.3% --------------------------------------------------------------------------------------------------------------------------- 65 Sq Ft 164.76 Fee Simple 23,000,000 23,000,000 23,000,000 0.3% 66 Sq Ft 142.22 Fee Simple 22,800,000 22,800,000 22,800,000 0.3% 67 Sq Ft 192.51 Fee Simple 22,300,000 22,300,000 22,300,000 0.3% 68 Sq Ft 213.03 Fee Simple 21,500,000 21,500,000 21,500,000 0.3% 69 Sq Ft 211.18 Fee Simple 21,000,000 21,000,000 21,000,000 0.3% --------------------------------------------------------------------------------------------------------------------------- 70 Sq Ft 219.01 Fee Simple 20,800,000 20,800,000 20,800,000 0.3% 71 Sq Ft 60.13 Fee Simple 20,000,000 19,960,147 19,960,147 0.3% 72 Units 71,111.11 Fee Simple 19,200,000 19,200,000 19,200,000 0.3% 73 Sq Ft 98.16 Fee Simple 18,800,000 18,800,000 18,800,000 0.2% 74 Units 14,779.87 Fee Simple 18,800,000 18,800,000 18,800,000 0.2% --------------------------------------------------------------------------------------------------------------------------- 75 Units 71,679.69 Fee Simple 18,350,000 18,350,000 18,350,000 0.2% 76 Units 29,268.29 Fee Simple 18,000,000 18,000,000 18,000,000 0.2% 77 Sq Ft 169.54 Fee Simple 18,000,000 18,000,000 18,000,000 0.2% 78 Units 102,272.73 Fee Simple 18,000,000 18,000,000 18,000,000 0.2% 79 Sq Ft 360.73 Fee Simple 17,840,000 17,840,000 17,840,000 0.2% --------------------------------------------------------------------------------------------------------------------------- 80 Sq Ft 185.00 Fee Simple 17,600,000 17,600,000 17,600,000 0.2% 81 Sq Ft 50.00 Fee Simple 17,440,000 17,440,000 17,440,000 0.2% 82 Sq Ft 282.94 Fee Simple / Leasehold 16,600,000 16,600,000 16,600,000 0.2% 83 Sq Ft 85.38 Fee Simple 16,250,000 16,250,000 16,250,000 0.2% 84 UNITS 8,625.27 16,250,000 16,250,000 0.2% --------------------------------------------------------------------------------------------------------------------------- 84.01 Units Fee Simple 5,000,000 84.02 Units Fee Simple 4,650,000 84.03 Units Fee Simple 3,450,000 84.04 Units Fee Simple 3,150,000 85 Rooms 103,896.10 Fee Simple 16,000,000 16,000,000 16,000,000 0.2% --------------------------------------------------------------------------------------------------------------------------- 86 Units 80,000.00 Fee Simple 16,000,000 16,000,000 16,000,000 0.2% 87 Sq Ft 253.28 Fee Simple 15,320,000 15,320,000 15,320,000 0.2% 88 Sq Ft 450.15 Fee Simple 15,280,000 15,280,000 15,280,000 0.2% 89 UNITS 115,568.26 15,300,000 15,255,011 0.2% 89.01 Units Fee Simple 1,059,272 --------------------------------------------------------------------------------------------------------------------------- 89.02 Units Fee Simple 1,036,893 89.03 Units Fee Simple 648,991 89.04 Units Fee Simple 537,096 89.05 Units Fee Simple 499,797 89.06 Units Fee Simple 484,878 --------------------------------------------------------------------------------------------------------------------------- 89.07 Units Fee Simple 484,878 89.08 Units Fee Simple 484,878 89.09 Units Fee Simple 447,580 89.10 Units Fee Simple 440,120 89.11 Units Fee Simple 432,660 --------------------------------------------------------------------------------------------------------------------------- 89.12 Units Fee Simple 432,660 89.13 Units Fee Simple 425,201 89.14 Units Fee Simple 395,362 89.15 Units Fee Simple 335,685 89.16 Units Fee Simple 335,685 --------------------------------------------------------------------------------------------------------------------------- 89.17 Units Fee Simple 328,225 89.18 Units Fee Simple 298,387 89.19 Units Fee Simple 290,927 89.20 Units Fee Simple 290,927 89.21 Units Fee Simple 290,927 --------------------------------------------------------------------------------------------------------------------------- 89.22 Units Fee Simple 253,629 89.23 Units Fee Simple 246,169 89.24 Units Fee Simple 246,169 89.25 Units Fee Simple 246,169 89.26 Units Fee Simple 246,169 --------------------------------------------------------------------------------------------------------------------------- 89.27 Units Fee Simple 246,169 89.28 Units Fee Simple 246,169 89.29 Units Fee Simple 246,169 89.30 Units Fee Simple 246,169 89.31 Units Fee Simple 246,169 --------------------------------------------------------------------------------------------------------------------------- 89.32 Units Fee Simple 238,709 89.33 Units Fee Simple 238,709 89.34 Units Fee Simple 208,871 89.35 Units Fee Simple 193,951 89.36 Units Fee Simple 193,951 --------------------------------------------------------------------------------------------------------------------------- 89.37 Units Fee Simple 193,951 89.38 Units Fee Simple 193,951 89.39 Units Fee Simple 193,951 89.40 Units Fee Simple 179,032 89.41 Units Fee Simple 141,734 --------------------------------------------------------------------------------------------------------------------------- 89.42 Units Fee Simple 141,734 89.43 Units Fee Simple 141,734 89.44 Units Fee Simple 141,734 89.45 Units Fee Simple 141,734 89.46 Units Fee Simple 134,274 --------------------------------------------------------------------------------------------------------------------------- 89.47 Units Fee Simple 126,814 89.48 Units Fee Simple 0 90 Sq Ft 399.50 Fee Simple 15,225,165 15,225,165 15,225,165 0.2% 91 Sq Ft 221.06 Fee Simple 15,000,000 15,000,000 15,000,000 0.2% 92 Units 178,571.43 Fee Simple 15,000,000 15,000,000 15,000,000 0.2% --------------------------------------------------------------------------------------------------------------------------- 93 Sq Ft 144.60 Fee Simple 14,880,000 14,880,000 14,880,000 0.2% 94 Sq Ft 120.60 Fee Simple 14,500,000 14,500,000 14,500,000 0.2% 95 Units 181,250.00 Fee Simple 14,500,000 14,500,000 14,500,000 0.2% 96 SQ FT 264.96 14,500,000 14,500,000 0.2% 96.01 Sq Ft Fee Simple 6,150,000 --------------------------------------------------------------------------------------------------------------------------- 96.02 Sq Ft Fee Simple 3,700,000 96.03 Sq Ft Fee Simple 3,000,000 96.04 Sq Ft Fee Simple 1,650,000 97 Sq Ft 211.18 Fee Simple 14,500,000 14,500,000 14,500,000 0.2% 98 Sq Ft 231.92 Fee Simple 14,250,000 14,250,000 14,250,000 0.2% --------------------------------------------------------------------------------------------------------------------------- 99 Sq Ft 107.97 Fee Simple 14,000,000 14,000,000 14,000,000 0.2% 100 Sq Ft 104.50 Fee Simple 14,000,000 14,000,000 14,000,000 0.2% 101 Sq Ft 65.10 Fee Simple 13,200,000 13,200,000 13,200,000 0.2% 102 Sq Ft 111.52 Fee Simple 13,100,000 13,100,000 13,100,000 0.2% 103 Sq Ft 193.80 Fee Simple 12,600,000 12,600,000 12,600,000 0.2% --------------------------------------------------------------------------------------------------------------------------- 104 SQ FT 62.43 12,000,000 12,000,000 0.2% 104.01 Sq Ft Fee Simple 10,021,053 104.02 Sq Ft Fee Simple 1,978,947 105 Slips 30,456.85 Fee Simple 12,000,000 12,000,000 12,000,000 0.2% 106 Units 62,500.00 Fee Simple 12,000,000 12,000,000 12,000,000 0.2% --------------------------------------------------------------------------------------------------------------------------- 107 Sq Ft 89.55 Fee Simple 11,877,000 11,877,000 11,877,000 0.2% 108 Sq Ft 146.60 Fee Simple 11,865,000 11,815,937 11,815,937 0.2% 109 Sq Ft 41.62 Fee Simple 11,300,000 11,300,000 11,300,000 0.1% 110 Sq Ft 237.66 Fee Simple 11,100,000 11,100,000 11,100,000 0.1% 111 Sq Ft 344.61 Fee Simple 11,100,000 11,100,000 11,100,000 0.1% --------------------------------------------------------------------------------------------------------------------------- 112 Sq Ft 153.03 Fee Simple 11,000,000 11,000,000 11,000,000 0.1% 113 Sq Ft 103.51 Fee Simple 10,760,000 10,760,000 10,760,000 0.1% 114 Sq Ft 169.26 Fee Simple 10,720,000 10,720,000 10,720,000 0.1% 115 Sq Ft 156.82 Fee Simple 10,664,000 10,664,000 10,664,000 0.1% 116 Sq Ft 41.91 Fee Simple 10,560,000 10,560,000 10,560,000 0.1% --------------------------------------------------------------------------------------------------------------------------- 117 Rooms 70,000.00 Fee Simple 10,500,000 10,500,000 10,500,000 0.1% 118 Sq Ft 135.05 Fee Simple 10,500,000 10,500,000 10,500,000 0.1% 119 Sq Ft 151.54 Fee Simple 10,491,000 10,491,000 10,491,000 0.1% 120 Sq Ft 197.65 Fee Simple 10,220,000 10,220,000 10,220,000 0.1% 121 Units 43,103.45 Fee Simple 10,000,000 10,000,000 10,000,000 0.1% --------------------------------------------------------------------------------------------------------------------------- 122 Sq Ft 237.39 Fee Simple 9,300,000 9,300,000 9,300,000 0.1% 123 Units 10,954.06 Fee Simple 9,300,000 9,300,000 9,300,000 0.1% 124 Rooms 70,558.28 Fee Simple 9,100,000 9,031,460 9,031,460 0.1% 125 Rooms 84,883.37 Fee Simple 8,700,000 8,658,103 8,658,103 0.1% 126 Sq Ft 617.59 Fee Simple 8,600,000 8,600,000 8,600,000 0.1% --------------------------------------------------------------------------------------------------------------------------- 127 Sq Ft 209.83 Fee Simple 8,600,000 8,600,000 8,600,000 0.1% 128 Sq Ft 195.80 Fee Simple 8,600,000 8,600,000 8,600,000 0.1% 129 ROOMS 66,601.56 8,525,000 8,525,000 0.1% 129.01 Rooms Fee Simple 4,425,000 129.02 Rooms Fee Simple 4,100,000 --------------------------------------------------------------------------------------------------------------------------- 130 Sq Ft 108.52 Fee Simple 8,500,000 8,500,000 8,500,000 0.1% 131 Sq Ft 213.25 Fee Simple 8,350,000 8,350,000 8,350,000 0.1% 132 Sq Ft 255.54 Fee Simple 8,160,000 8,160,000 8,160,000 0.1% 133 Sq Ft 155.65 Fee Simple 8,100,000 8,100,000 8,100,000 0.1% 134 Sq Ft 111.52 Fee Simple 7,900,000 7,900,000 7,900,000 0.1% --------------------------------------------------------------------------------------------------------------------------- 135 Sq Ft 147.88 Fee Simple 7,900,000 7,854,591 7,854,591 0.1% 136 Sq Ft 116.10 Fee Simple 7,760,000 7,760,000 7,760,000 0.1% 137 Sq Ft 83.50 Fee Simple 7,700,000 7,700,000 7,700,000 0.1% 138 Sq Ft 98.94 Fee Simple 7,700,000 7,700,000 7,700,000 0.1% 139 Sq Ft 65.28 Fee Simple 7,500,000 7,500,000 7,500,000 0.1% --------------------------------------------------------------------------------------------------------------------------- 140 Units 81,521.74 Fee Simple 7,500,000 7,500,000 7,500,000 0.1% 141 Units 90,243.90 Fee Simple 7,400,000 7,400,000 7,400,000 0.1% 142 Sq Ft 332.80 Fee Simple 7,280,000 7,280,000 7,280,000 0.1% 143 Sq Ft 201.53 Fee Simple 7,200,000 7,200,000 7,200,000 0.1% 144 Sq Ft 109.24 Fee Simple 7,200,000 7,200,000 7,200,000 0.1% --------------------------------------------------------------------------------------------------------------------------- 145 Sq Ft 169.10 Fee Simple 7,150,000 7,150,000 7,150,000 0.1% 146 Sq Ft 158.60 Fee Simple 7,100,000 7,078,469 7,078,469 0.1% 147 Sq Ft 50.05 Fee Simple 7,030,000 7,030,000 7,030,000 0.1% 148 Sq Ft 207.92 Fee Simple 7,000,000 7,000,000 7,000,000 0.1% 149 Sq Ft 71.76 Fee Simple 7,000,000 7,000,000 7,000,000 0.1% --------------------------------------------------------------------------------------------------------------------------- 150 Sq Ft 34.83 Fee Simple 7,000,000 6,987,541 6,987,541 0.1% 151 Sq Ft 301.74 Fee Simple / Leasehold 6,850,000 6,850,000 6,850,000 0.1% 152 Sq Ft 85.36 Fee Simple 6,850,000 6,850,000 6,850,000 0.1% 153 Sq Ft 164.53 Fee Simple 4,100,000 4,100,000 4,100,000 0.1% 154 Sq Ft 133.08 Fee Simple 2,625,000 2,625,000 2,625,000 0.0% --------------------------------------------------------------------------------------------------------------------------- 155 Sq Ft 89.80 Fee Simple 6,712,000 6,712,000 6,712,000 0.1% 156 Sq Ft 218.42 Fee Simple 6,600,000 6,600,000 6,600,000 0.1% 157 SQ FT 88.34 6,440,000 6,440,000 0.1% 157.01 Sq Ft Fee Simple 2,800,000 157.02 Sq Ft Fee Simple 2,040,000 --------------------------------------------------------------------------------------------------------------------------- 157.03 Sq Ft Fee Simple 1,600,000 158 Units 30,637.25 Fee Simple 6,250,000 6,250,000 6,250,000 0.1% 159 Units 12,836.44 Fee Simple 6,200,000 6,200,000 6,200,000 0.1% 160 Sq Ft 101.90 Fee Simple 6,100,000 6,100,000 6,100,000 0.1% 161 Sq Ft 221.49 Fee Simple 6,000,000 6,000,000 6,000,000 0.1% --------------------------------------------------------------------------------------------------------------------------- 162 Sq Ft 199.92 Fee Simple 6,000,000 6,000,000 6,000,000 0.1% 163 Sq Ft 123.94 Fee Simple 5,900,000 5,900,000 5,900,000 0.1% 164 Sq Ft 260.69 Fee Simple 5,865,600 5,865,600 5,865,600 0.1% 165 Sq Ft 154.25 Fee Simple 5,850,000 5,850,000 5,850,000 0.1% 166 Units 78,472.22 Fee Simple 5,650,000 5,650,000 5,650,000 0.1% --------------------------------------------------------------------------------------------------------------------------- 167 Sq Ft 192.11 Fee Simple 5,500,000 5,500,000 5,500,000 0.1% 168 Sq Ft 84.93 Fee Simple 5,500,000 5,500,000 5,500,000 0.1% 169 Sq Ft 126.76 Fee Simple 5,460,000 5,460,000 5,460,000 0.1% 170 Units 127,380.95 Fee Simple 5,350,000 5,350,000 5,350,000 0.1% 171 Sq Ft 120.94 Fee Simple 5,352,000 5,346,305 5,346,305 0.1% --------------------------------------------------------------------------------------------------------------------------- 172 Rooms 48,800.36 Fee Simple 5,250,000 5,221,638 5,221,638 0.1% 173 Units 9,380.86 Fee Simple 5,000,000 5,000,000 5,000,000 0.1% 174 Sq Ft 41.47 Fee Simple 4,800,000 4,800,000 4,800,000 0.1% 175 Sq Ft 143.09 Fee Simple 4,800,000 4,800,000 4,800,000 0.1% 176 Sq Ft 312.33 Fee Simple 4,700,000 4,700,000 4,700,000 0.1% --------------------------------------------------------------------------------------------------------------------------- 177 Sq Ft 46.44 Fee Simple 4,560,000 4,560,000 4,560,000 0.1% 178 Sq Ft 90.00 Fee Simple 4,500,000 4,500,000 4,500,000 0.1% 179 Sq Ft 174.70 Fee Simple 4,440,000 4,422,451 4,422,451 0.1% 180 Units 7,131.28 Fee Simple 4,400,000 4,400,000 4,400,000 0.1% 181 Sq Ft 384.96 Fee Simple 4,250,000 4,250,000 4,250,000 0.1% --------------------------------------------------------------------------------------------------------------------------- 182 Units 9,699.77 Fee Simple 4,200,000 4,200,000 4,200,000 0.1% 183 Sq Ft 131.35 Fee Simple 4,100,000 4,100,000 4,100,000 0.1% 184 Sq Ft 78.18 Fee Simple 4,040,000 4,040,000 4,040,000 0.1% 185 Units 88,888.89 Fee Simple 4,000,000 4,000,000 4,000,000 0.1% 186 Sq Ft 199.99 Fee Simple 3,900,000 3,900,000 3,900,000 0.1% --------------------------------------------------------------------------------------------------------------------------- 187 Units 97,500.00 Fee Simple 3,900,000 3,900,000 3,900,000 0.1% 188 Sq Ft 143.30 Fee Simple 3,837,000 3,837,000 3,837,000 0.1% 189 Sq Ft 185.82 Fee Simple 3,800,000 3,800,000 3,800,000 0.0% 190 Sq Ft 315.03 Fee Simple 3,655,000 3,655,000 3,655,000 0.0% 191 Sq Ft 213.84 Fee Simple 3,600,000 3,600,000 3,600,000 0.0% --------------------------------------------------------------------------------------------------------------------------- 192 Units 105,882.35 Fee Simple 3,600,000 3,600,000 3,600,000 0.0% 193 Sq Ft 120.74 Fee Simple 3,575,000 3,575,000 3,575,000 0.0% 194 Sq Ft 211.08 Fee Simple 3,500,000 3,500,000 3,500,000 0.0% 195 Sq Ft 107.24 Fee Simple 3,450,000 3,450,000 3,450,000 0.0% 196 Units 6,772.91 Fee Simple 3,400,000 3,400,000 3,400,000 0.0% --------------------------------------------------------------------------------------------------------------------------- 197 Units 5,463.58 Fee Simple 3,300,000 3,300,000 3,300,000 0.0% 198 Units 5,405.41 Fee Simple 3,000,000 3,000,000 3,000,000 0.0% 199 Sq Ft 57.39 Fee Simple 2,975,000 2,957,292 2,957,292 0.0% 200 Sq Ft 261.16 Fee Simple 2,925,000 2,913,763 2,913,763 0.0% 201 Sq Ft 242.21 Fee Simple 2,800,000 2,800,000 2,800,000 0.0% --------------------------------------------------------------------------------------------------------------------------- 202 Sq Ft 322.19 Fee Simple 2,680,000 2,680,000 2,680,000 0.0% 203 Sq Ft 152.80 Fee Simple 1,940,000 1,940,000 1,940,000 0.0% 204 Sq Ft 202.67 Fee Simple 1,900,000 1,900,000 1,900,000 0.0% 205 Sq Ft 70.98 Fee Simple 1,800,000 1,800,000 1,800,000 0.0% 206 Sq Ft 194.94 Fee Simple 1,310,000 1,310,000 1,310,000 0.0% GROSS MONTHLY ANNUAL PARI PASSU PARI PASSU CONTROL BALLOON INTEREST ADMINISTRATIVE NET INTEREST DEBT DEBT MONTHLY DEBT ANNUAL DEBT NUMBER BALANCE RATE (%) FEE RATE (%) RATE (%) SERVICE ($) SERVICE ($) SERVICE ($) SERVICE ($) --------------------------------------------------------------------------------------------------------------------------------- 1 697,200,000 5.56000% 0.02025% 5.53975% 3,284,199.33 39,410,391.96 1.01 1.02 1.03 1.04 --------------------------------------------------------------------------------------------------------------------------------- 1.05 1.06 1.07 1.08 1.09 --------------------------------------------------------------------------------------------------------------------------------- 1.10 1.11 1.12 1.13 1.14 --------------------------------------------------------------------------------------------------------------------------------- 1.15 1.16 2 550,000,000 5.69700% 0.02025% 5.67675% 2,654,643.75 31,855,725.00 3 470,000,000 5.49968% 0.02025% 5.47943% 2,189,942.02 26,279,304.27 4 270,375,000 5.66100% 0.02025% 5.64075% 1,296,752.30 15,561,027.56 --------------------------------------------------------------------------------------------------------------------------------- 4.01 4.02 4.03 4.04 4.05 --------------------------------------------------------------------------------------------------------------------------------- 4.06 5 265,000,000 5.67400% 0.02025% 5.65375% 1,273,891.81 15,286,701.67 6 191,250,000 5.35800% 0.02025% 5.33775% 868,163.44 10,417,961.28 7 187,250,000 5.73100% 0.02025% 5.71075% 909,179.37 10,910,152.46 8 173,401,823 5.74700% 0.02025% 5.72675% 1,085,091.06 13,021,092.72 --------------------------------------------------------------------------------------------------------------------------------- 8.01 8.02 8.03 8.04 8.05 --------------------------------------------------------------------------------------------------------------------------------- 8.06 8.07 8.08 8.09 8.10 --------------------------------------------------------------------------------------------------------------------------------- 8.11 8.12 8.13 8.14 8.15 --------------------------------------------------------------------------------------------------------------------------------- 8.16 8.17 8.18 8.19 8.20 --------------------------------------------------------------------------------------------------------------------------------- 8.21 8.22 8.23 8.24 8.25 --------------------------------------------------------------------------------------------------------------------------------- 8.26 8.27 8.28 8.29 8.30 --------------------------------------------------------------------------------------------------------------------------------- 8.31 8.32 8.33 8.34 8.35 --------------------------------------------------------------------------------------------------------------------------------- 9 165,000,000 5.53500% 0.02025% 5.51475% 773,746.88 9,284,962.50 10 154,482,434 6.54400% 0.02025% 6.52375% 944,693.69 11,336,324.28 11 160,000,000 6.17600% 0.02025% 6.15575% 837,191.11 10,046,293.33 12 138,613,339 5.83900% 0.02025% 5.81875% 685,710.56 8,228,526.75 13 135,000,000 5.80400% 0.02025% 5.78375% 663,832.50 7,965,990.00 --------------------------------------------------------------------------------------------------------------------------------- 14 135,000,000 5.89700% 0.02025% 5.87675% 674,469.38 8,093,632.50 15 129,500,000 6.06800% 0.02025% 6.04775% 665,752.31 7,989,027.72 16 124,000,000 5.40500% 0.02025% 5.38475% 567,825.28 6,813,903.33 17 120,000,000 6.06600% 0.02025% 6.04575% 616,710.00 7,400,520.00 18 116,000,000 5.65000% 0.02025% 5.62975% 555,269.44 6,663,233.33 1,388,173.61 16,658,083.33 --------------------------------------------------------------------------------------------------------------------------------- 19 103,500,000 5.68368% 0.02025% 5.66343% 498,387.69 5,980,652.28 19.01 19.02 20 84,706,586 7.40000% 0.02025% 7.37975% 593,160.93 7,117,931.13 20.01 --------------------------------------------------------------------------------------------------------------------------------- 20.02 20.03 20.04 20.05 20.06 --------------------------------------------------------------------------------------------------------------------------------- 20.07 20.08 20.09 20.10 20.11 --------------------------------------------------------------------------------------------------------------------------------- 21 87,550,000 6.19500% 0.02025% 6.17475% 459,509.82 5,514,117.84 22 85,000,000 5.94800% 0.02025% 5.92775% 428,338.61 5,140,063.33 23 85,000,000 5.98700% 0.02025% 5.96675% 431,147.15 5,173,765.83 24 77,113,784 6.02800% 0.02025% 6.00775% 481,081.51 5,772,978.12 25 73,100,000 5.99200% 0.02025% 5.97175% 371,096.21 4,453,154.53 --------------------------------------------------------------------------------------------------------------------------------- 26 59,412,532 5.55300% 0.02025% 5.53275% 365,516.00 4,386,192.00 27 61,500,000 5.88800% 0.02025% 5.86775% 306,789.33 3,681,471.96 28 57,500,000 5.86900% 0.02025% 5.84875% 285,909.97 3,430,919.58 29 40,050,000 6.33800% 0.02025% 6.31775% 215,056.26 2,580,675.15 30 16,748,000 6.33800% 0.02025% 6.31775% 89,931.64 1,079,179.71 --------------------------------------------------------------------------------------------------------------------------------- 31 56,500,000 5.60500% 0.04025% 5.56475% 268,300.45 3,219,605.42 32 55,500,000 5.66900% 0.07025% 5.59875% 266,561.10 3,198,733.20 33 55,200,000 6.24600% 0.02025% 6.22575% 292,104.60 3,505,255.20 34 55,000,000 5.92600% 0.02025% 5.90575% 276,135.14 3,313,621.67 35 28,218,804 6.75800% 0.02025% 6.73775% 208,106.85 2,497,282.23 --------------------------------------------------------------------------------------------------------------------------------- 36 19,905,195 6.99100% 0.02025% 6.97075% 149,610.54 1,795,326.49 36.01 36.02 37 52,300,000 5.91000% 0.02025% 5.88975% 261,870.46 3,142,445.50 37.01 --------------------------------------------------------------------------------------------------------------------------------- 37.02 37.03 37.04 37.05 37.06 --------------------------------------------------------------------------------------------------------------------------------- 38 51,750,000 5.91000% 0.02025% 5.88975% 259,116.56 3,109,398.72 39 47,357,224 7.93900% 0.02025% 7.91875% 353,815.56 4,245,786.72 39.01 39.02 39.03 --------------------------------------------------------------------------------------------------------------------------------- 39.04 39.05 39.06 39.07 39.08 --------------------------------------------------------------------------------------------------------------------------------- 39.09 39.10 39.11 40 48,000,000 5.52400% 0.04525% 5.47875% 224,642.67 2,695,712.00 41 46,000,000 5.73000% 0.04025% 5.68975% 223,310.83 2,679,729.96 --------------------------------------------------------------------------------------------------------------------------------- 42 44,440,000 6.07600% 0.02025% 6.05575% 228,764.78 2,745,177.31 42.01 42.02 42.03 42.04 --------------------------------------------------------------------------------------------------------------------------------- 42.05 43 44,370,000 5.92600% 0.02025% 5.90575% 222,765.75 2,673,188.97 44 40,773,176 6.69000% 0.02025% 6.66975% 278,473.59 3,341,683.08 45 43,000,000 6.09500% 0.02025% 6.07475% 222,044.24 2,664,530.83 46 39,200,000 6.24600% 0.02025% 6.22575% 207,436.60 2,489,239.20 --------------------------------------------------------------------------------------------------------------------------------- 46.01 46.02 47 33,713,323 6.08300% 0.02025% 6.06275% 217,762.97 2,613,155.64 48 33,381,466 5.76000% 0.02025% 5.73975% 209,146.57 2,509,758.84 49 35,500,000 5.65000% 0.02025% 5.62975% 169,931.60 2,039,179.20 --------------------------------------------------------------------------------------------------------------------------------- 50 32,702,303 5.91000% 0.06025% 5.84975% 207,821.79 2,493,861.48 51 31,214,469 5.93000% 0.02025% 5.90975% 198,749.21 2,384,990.52 51.01 51.02 51.03 --------------------------------------------------------------------------------------------------------------------------------- 51.04 51.05 51.06 52 31,571,696 6.44900% 0.02025% 6.42875% 177,352.56 2,128,230.72 53 31,680,000 5.99300% 0.02025% 5.97275% 160,852.12 1,930,225.44 --------------------------------------------------------------------------------------------------------------------------------- 54 31,120,000 6.24600% 0.02025% 6.22575% 164,679.26 1,976,151.12 55 31,000,000 5.75300% 0.02025% 5.73275% 151,096.15 1,813,153.83 56 27,700,000 5.62500% 0.02025% 5.60475% 132,007.81 1,584,093.75 57 24,788,591 5.99500% 0.02025% 5.97475% 158,795.71 1,905,548.52 58 23,321,892 5.62000% 0.02025% 5.59975% 149,588.58 1,795,062.96 --------------------------------------------------------------------------------------------------------------------------------- 59 25,000,000 5.93000% 0.02025% 5.90975% 125,600.69 1,507,208.28 60 24,640,000 6.24600% 0.02025% 6.22575% 130,388.72 1,564,664.64 60.01 60.02 60.03 --------------------------------------------------------------------------------------------------------------------------------- 60.04 61 24,600,000 5.43700% 0.02025% 5.41675% 113,316.14 1,359,793.70 62 23,250,000 5.61000% 0.02025% 5.58975% 110,505.31 1,326,063.72 63 17,981,060 5.95000% 0.02025% 5.92975% 149,090.27 1,789,083.24 64 23,015,000 5.76500% 0.02025% 5.74475% 112,410.69 1,348,928.33 --------------------------------------------------------------------------------------------------------------------------------- 65 22,125,590 5.77000% 0.07025% 5.69975% 134,514.12 1,614,169.44 66 22,800,000 5.71200% 0.02025% 5.69175% 110,336.80 1,324,041.60 67 22,300,000 5.70000% 0.02025% 5.67975% 107,690.42 1,292,285.00 68 21,500,000 5.97600% 0.02025% 5.95575% 108,854.50 1,306,254.00 69 21,000,000 5.87500% 0.02025% 5.85475% 104,526.04 1,254,312.50 --------------------------------------------------------------------------------------------------------------------------------- 70 20,800,000 5.45000% 0.02025% 5.42975% 96,041.11 1,152,493.32 71 16,768,711 5.61000% 0.02025% 5.58975% 114,941.94 1,379,303.28 72 19,200,000 5.65000% 0.02025% 5.62975% 91,906.67 1,102,880.00 73 18,800,000 6.06000% 0.02025% 6.03975% 96,522.33 1,158,267.96 74 18,800,000 5.80100% 0.02025% 5.78075% 92,397.04 1,108,764.47 --------------------------------------------------------------------------------------------------------------------------------- 75 18,350,000 5.75000% 0.02025% 5.72975% 89,392.53 1,072,710.36 76 18,000,000 5.33000% 0.02025% 5.30975% 81,282.50 975,390.00 77 18,000,000 6.19000% 0.02025% 6.16975% 94,397.50 1,132,770.00 78 18,000,000 5.71700% 0.02025% 5.69675% 87,184.25 1,046,211.00 79 17,840,000 6.06000% 0.02025% 6.03975% 91,593.53 1,099,122.36 --------------------------------------------------------------------------------------------------------------------------------- 80 17,600,000 5.79000% 0.02025% 5.76975% 86,335.33 1,036,023.96 81 16,270,888 5.80000% 0.02025% 5.77975% 102,329.73 1,227,956.76 82 16,600,000 5.57000% 0.04025% 5.52975% 78,335.86 940,030.32 83 16,250,000 5.79000% 0.06025% 5.72975% 79,713.02 956,556.24 84 15,171,225 5.85400% 0.02025% 5.83375% 95,906.90 1,150,882.80 --------------------------------------------------------------------------------------------------------------------------------- 84.01 84.02 84.03 84.04 85 14,398,288 5.78000% 0.02025% 5.75975% 93,676.82 1,124,121.84 --------------------------------------------------------------------------------------------------------------------------------- 86 16,000,000 5.71700% 0.02025% 5.69675% 77,497.11 929,965.33 87 15,320,000 6.07600% 0.02025% 6.05575% 78,863.10 946,357.25 88 15,280,000 6.05500% 0.05025% 6.00475% 78,385.34 940,624.07 89 12,911,172 5.82500% 0.02025% 5.80475% 90,016.94 1,080,203.28 89.01 --------------------------------------------------------------------------------------------------------------------------------- 89.02 89.03 89.04 89.05 89.06 --------------------------------------------------------------------------------------------------------------------------------- 89.07 89.08 89.09 89.10 89.11 --------------------------------------------------------------------------------------------------------------------------------- 89.12 89.13 89.14 89.15 89.16 --------------------------------------------------------------------------------------------------------------------------------- 89.17 89.18 89.19 89.20 89.21 --------------------------------------------------------------------------------------------------------------------------------- 89.22 89.23 89.24 89.25 89.26 --------------------------------------------------------------------------------------------------------------------------------- 89.27 89.28 89.29 89.30 89.31 --------------------------------------------------------------------------------------------------------------------------------- 89.32 89.33 89.34 89.35 89.36 --------------------------------------------------------------------------------------------------------------------------------- 89.37 89.38 89.39 89.40 89.41 --------------------------------------------------------------------------------------------------------------------------------- 89.42 89.43 89.44 89.45 89.46 --------------------------------------------------------------------------------------------------------------------------------- 89.47 89.48 90 14,234,299 5.95000% 0.07025% 5.87975% 90,793.70 1,089,524.40 91 15,000,000 5.56000% 0.02025% 5.53975% 70,658.33 847,899.96 92 15,000,000 5.50000% 0.02025% 5.47975% 69,895.83 838,749.96 --------------------------------------------------------------------------------------------------------------------------------- 93 14,880,000 5.51000% 0.02025% 5.48975% 69,462.73 833,552.76 94 14,500,000 5.62000% 0.02025% 5.59975% 69,040.14 828,481.68 95 14,500,000 5.39000% 0.03025% 5.35975% 66,214.65 794,575.80 96 14,500,000 5.91000% 0.02025% 5.88975% 72,602.71 871,232.52 96.01 --------------------------------------------------------------------------------------------------------------------------------- 96.02 96.03 96.04 97 14,500,000 5.61000% 0.02025% 5.58975% 68,917.29 827,007.48 98 14,250,000 5.55000% 0.05025% 5.49975% 67,004.69 804,056.28 --------------------------------------------------------------------------------------------------------------------------------- 99 14,000,000 5.66000% 0.02025% 5.63975% 67,133.89 805,606.68 100 14,000,000 5.58000% 0.02025% 5.55975% 66,185.00 794,220.00 101 11,883,473 5.80000% 0.12025% 5.67975% 77,451.40 929,416.80 102 13,100,000 5.83000% 0.02025% 5.80975% 64,704.90 776,458.83 103 11,714,098 5.55000% 0.02025% 5.52975% 71,937.18 863,246.16 --------------------------------------------------------------------------------------------------------------------------------- 104 10,813,758 5.85000% 0.02025% 5.82975% 70,792.91 849,514.92 104.01 104.02 105 11,073,373 7.14800% 0.02025% 7.12775% 81,032.60 972,391.20 106 12,000,000 5.86000% 0.05025% 5.80975% 59,576.67 714,920.00 --------------------------------------------------------------------------------------------------------------------------------- 107 11,877,000 6.20900% 0.02025% 6.18875% 62,477.80 749,733.65 108 9,212,259 6.07000% 0.02025% 6.04975% 76,954.86 923,458.32 109 10,182,955 5.85000% 0.02025% 5.82975% 66,663.33 799,959.96 110 11,100,000 5.54000% 0.02025% 5.51975% 52,099.08 625,188.96 111 9,756,774 5.64000% 0.02025% 5.61975% 64,003.02 768,036.24 --------------------------------------------------------------------------------------------------------------------------------- 112 9,906,836 5.82000% 0.02025% 5.79975% 64,683.00 776,196.00 113 10,760,000 5.73000% 0.06025% 5.66975% 52,235.32 626,823.84 114 10,720,000 6.05000% 0.02025% 6.02975% 54,947.44 659,369.33 115 10,664,000 5.88700% 0.02025% 5.86675% 53,187.74 638,252.84 116 10,560,000 5.72900% 0.02025% 5.70875% 51,255.45 615,065.44 --------------------------------------------------------------------------------------------------------------------------------- 117 10,500,000 5.71000% 0.02025% 5.68975% 50,795.21 609,542.52 118 10,500,000 5.35000% 0.04025% 5.30975% 47,592.71 571,112.52 119 10,491,000 6.21200% 0.02025% 6.19175% 55,213.55 662,562.60 120 9,550,611 5.92500% 0.02025% 5.90475% 60,782.14 729,385.68 121 10,000,000 5.56000% 0.02025% 5.53975% 47,105.56 565,266.72 --------------------------------------------------------------------------------------------------------------------------------- 122 9,300,000 5.64000% 0.07025% 5.56975% 44,438.50 533,262.00 123 9,300,000 6.07500% 0.02025% 6.05475% 47,865.94 574,391.25 124 8,529,110 6.15000% 0.02025% 6.12975% 55,439.76 665,277.12 125 7,896,039 6.23100% 0.02025% 6.21075% 53,459.93 641,519.16 126 8,017,593 5.75000% 0.07025% 5.67975% 50,187.27 602,247.24 --------------------------------------------------------------------------------------------------------------------------------- 127 8,600,000 5.99000% 0.02025% 5.96975% 43,643.81 523,725.72 128 8,600,000 5.54000% 0.02025% 5.51975% 40,365.06 484,380.72 129 7,562,187 6.03600% 0.02025% 6.01575% 51,309.16 615,709.92 129.01 129.02 --------------------------------------------------------------------------------------------------------------------------------- 130 8,500,000 5.58000% 0.06025% 5.51975% 40,183.75 482,205.00 131 8,350,000 5.50000% 0.02025% 5.47975% 38,908.68 466,904.16 132 8,160,000 5.63000% 0.02025% 5.60975% 38,922.07 467,064.84 133 7,527,296 5.52000% 0.02025% 5.49975% 46,092.60 553,111.20 134 7,900,000 5.39000% 0.07025% 5.31975% 36,075.57 432,906.84 --------------------------------------------------------------------------------------------------------------------------------- 135 6,061,723 5.72000% 0.02025% 5.69975% 49,556.29 594,675.48 136 7,760,000 5.60000% 0.02025% 5.57975% 36,816.89 441,802.68 137 7,183,756 5.80000% 0.07025% 5.72975% 45,179.98 542,159.76 138 7,700,000 6.30000% 0.07025% 6.22975% 41,098.75 493,185.00 139 7,500,000 5.62700% 0.07025% 5.55675% 35,754.90 429,058.75 --------------------------------------------------------------------------------------------------------------------------------- 140 7,500,000 5.84000% 0.02025% 5.81975% 37,108.33 445,300.00 141 6,913,889 5.90900% 0.02025% 5.88875% 43,934.73 527,216.76 142 6,778,311 5.65700% 0.02025% 5.63675% 42,054.99 504,659.88 143 6,304,317 5.48000% 0.02025% 5.45975% 40,790.51 489,486.12 144 6,925,636 5.76000% 0.02025% 5.73975% 42,063.00 504,756.00 --------------------------------------------------------------------------------------------------------------------------------- 145 7,150,000 5.74000% 0.07025% 5.66975% 34,770.85 417,250.20 146 5,964,664 5.67700% 0.02025% 5.65675% 41,105.00 493,260.00 147 7,030,000 6.29500% 0.02025% 6.27475% 37,492.85 449,914.14 148 6,523,949 5.72000% 0.02025% 5.69975% 40,716.80 488,601.60 149 7,000,000 5.56000% 0.02025% 5.53975% 32,973.89 395,686.68 --------------------------------------------------------------------------------------------------------------------------------- 150 5,959,405 6.12000% 0.02025% 6.09975% 42,510.10 510,121.20 151 6,381,116 5.69000% 0.07025% 5.61975% 39,714.03 476,568.36 152 6,393,167 5.83000% 0.02025% 5.80975% 40,323.54 483,882.48 153 4,100,000 5.68000% 0.02025% 5.65975% 19,730.11 236,761.32 154 2,625,000 5.63000% 0.02025% 5.60975% 12,520.89 150,250.68 --------------------------------------------------------------------------------------------------------------------------------- 155 6,245,209 5.60900% 0.06025% 5.54875% 38,570.29 462,843.48 156 6,137,049 5.56000% 0.05025% 5.50975% 37,722.91 452,674.92 157 5,793,066 5.76000% 0.07025% 5.68975% 37,623.01 451,476.12 157.01 157.02 --------------------------------------------------------------------------------------------------------------------------------- 157.03 158 5,835,034 5.84600% 0.02025% 5.82575% 36,855.35 442,264.20 159 6,200,000 6.52000% 0.02025% 6.49975% 34,248.11 410,977.33 160 6,100,000 5.87000% 0.07025% 5.79975% 30,336.49 364,037.88 161 5,267,694 5.59000% 0.02025% 5.56975% 34,406.91 412,882.92 --------------------------------------------------------------------------------------------------------------------------------- 162 5,590,555 5.70900% 0.02025% 5.68875% 34,858.25 418,299.00 163 5,490,526 5.62000% 0.06025% 5.55975% 33,945.10 407,341.20 164 5,638,194 5.67000% 0.02025% 5.64975% 33,929.07 407,148.84 165 5,850,000 5.50000% 0.02025% 5.47975% 27,259.38 327,112.56 166 5,650,000 5.94700% 0.02025% 5.92675% 28,467.13 341,605.59 --------------------------------------------------------------------------------------------------------------------------------- 167 5,125,654 5.72000% 0.02025% 5.69975% 31,991.77 383,901.24 168 4,934,480 5.63000% 0.06025% 5.56975% 31,678.47 380,141.64 169 5,460,000 5.86400% 0.02025% 5.84375% 27,125.89 325,510.64 170 4,983,791 5.69000% 0.06025% 5.62975% 31,017.53 372,210.36 171 4,492,386 5.65000% 0.06025% 5.58975% 30,893.66 370,723.92 --------------------------------------------------------------------------------------------------------------------------------- 172 4,078,391 6.08200% 0.02025% 6.06175% 34,089.47 409,073.64 173 4,717,463 6.67000% 0.02025% 6.64975% 32,164.46 385,973.52 174 4,467,532 5.63000% 0.02025% 5.60975% 27,646.67 331,760.04 175 4,471,227 5.69000% 0.02025% 5.66975% 27,828.81 333,945.72 176 4,376,861 5.67000% 0.07025% 5.59975% 27,189.53 326,274.36 --------------------------------------------------------------------------------------------------------------------------------- 177 4,254,315 5.80000% 0.02025% 5.77975% 26,755.94 321,071.28 178 4,500,000 5.84500% 0.02025% 5.82475% 22,284.06 267,408.75 179 3,729,580 5.67000% 0.02025% 5.64975% 25,685.43 308,225.16 180 3,803,218 5.85300% 0.02025% 5.83275% 25,965.83 311,589.96 181 3,953,966 5.60000% 0.04025% 5.55975% 24,398.36 292,780.32 --------------------------------------------------------------------------------------------------------------------------------- 182 3,700,255 5.73800% 0.02025% 5.71775% 24,478.05 293,736.60 183 3,827,727 5.85000% 0.06025% 5.78975% 24,187.58 290,250.96 184 3,768,623 5.79000% 0.02025% 5.76975% 23,679.10 284,149.20 185 3,737,238 5.90900% 0.02025% 5.88875% 23,748.50 284,982.00 186 3,900,000 5.62000% 0.02025% 5.59975% 18,569.42 222,833.04 --------------------------------------------------------------------------------------------------------------------------------- 187 3,533,030 6.12300% 0.02025% 6.10275% 23,691.77 284,301.24 188 3,837,000 5.77000% 0.09025% 5.67975% 18,757.07 225,084.84 189 3,800,000 5.73000% 0.07025% 5.65975% 18,447.42 221,369.04 190 3,655,000 5.60000% 0.07025% 5.52975% 17,340.94 208,091.28 191 3,174,570 5.78000% 0.07025% 5.70975% 21,077.28 252,927.36 --------------------------------------------------------------------------------------------------------------------------------- 192 3,363,514 5.90900% 0.02025% 5.88875% 21,373.65 256,483.80 193 3,575,000 5.84400% 0.02025% 5.82375% 17,700.42 212,405.05 194 3,265,695 5.80000% 0.02025% 5.77975% 20,536.36 246,436.32 195 3,088,808 5.53000% 0.07025% 5.45975% 19,653.70 235,844.40 196 3,167,147 5.69000% 0.02025% 5.66975% 19,712.07 236,544.84 --------------------------------------------------------------------------------------------------------------------------------- 197 2,857,033 6.71500% 0.02025% 6.69475% 21,327.02 255,924.24 198 2,796,482 5.73800% 0.02025% 5.71775% 17,484.32 209,811.84 199 2,518,512 5.94000% 0.02025% 5.91975% 17,722.03 212,664.36 200 2,466,705 5.80000% 0.07025% 5.72975% 17,162.53 205,950.36 201 2,610,379 5.75000% 0.07025% 5.67975% 16,340.04 196,080.48 --------------------------------------------------------------------------------------------------------------------------------- 202 2,680,000 5.50000% 0.02025% 5.47975% 12,488.06 149,856.72 203 1,812,594 5.90000% 0.02025% 5.87975% 11,506.85 138,082.20 204 1,900,000 5.85000% 0.02025% 5.82975% 9,416.88 113,002.56 205 1,800,000 6.30500% 0.02025% 6.28475% 9,615.13 115,381.50 206 1,224,134 5.91000% 0.02025% 5.88975% 7,778.47 93,341.64 REMAINING INTEREST ORIGINAL INTEREST REMAINING ORIGINAL TERM TERM TO CONTROL ACCRUAL ONLY PERIOD INTEREST ONLY TO MATURITY MATURITY NUMBER AMORTIZATION TYPE METHOD SEASONING (MOS.) PERIOD (MOS.) (MOS.) (MOS.) ----------------------------------------------------------------------------------------------------------------------------------- 1 Interest Only Actual/360 3 120 117 120 117 1.01 1.02 1.03 1.04 ----------------------------------------------------------------------------------------------------------------------------------- 1.05 1.06 1.07 1.08 1.09 ----------------------------------------------------------------------------------------------------------------------------------- 1.10 1.11 1.12 1.13 1.14 ----------------------------------------------------------------------------------------------------------------------------------- 1.15 1.16 2 Interest Only Actual/360 3 120 117 120 117 3 Interest Only Actual/360 2 120 118 120 118 4 INTEREST ONLY ACTUAL/360 5 120 115 120 115 ----------------------------------------------------------------------------------------------------------------------------------- 4.01 4.02 4.03 4.04 4.05 ----------------------------------------------------------------------------------------------------------------------------------- 4.06 5 Interest Only Actual/360 1 120 119 120 119 6 Interest Only Actual/360 2 119 117 119 117 7 Interest Only Actual/360 5 120 115 120 115 8 INTEREST ONLY, THEN AMORTIZING ACTUAL/360 0 60 60 120 120 ----------------------------------------------------------------------------------------------------------------------------------- 8.01 8.02 8.03 8.04 8.05 ----------------------------------------------------------------------------------------------------------------------------------- 8.06 8.07 8.08 8.09 8.10 ----------------------------------------------------------------------------------------------------------------------------------- 8.11 8.12 8.13 8.14 8.15 ----------------------------------------------------------------------------------------------------------------------------------- 8.16 8.17 8.18 8.19 8.20 ----------------------------------------------------------------------------------------------------------------------------------- 8.21 8.22 8.23 8.24 8.25 ----------------------------------------------------------------------------------------------------------------------------------- 8.26 8.27 8.28 8.29 8.30 ----------------------------------------------------------------------------------------------------------------------------------- 8.31 8.32 8.33 8.34 8.35 ----------------------------------------------------------------------------------------------------------------------------------- 9 Interest Only Actual/360 2 120 118 120 118 10 Interest Only, Then Amortizing Actual/360 0 36 36 120 120 11 Interest Only Actual/360 3 120 117 120 117 12 Interest Only Actual/360 6 84 78 84 78 13 Interest Only Actual/360 0 120 120 120 120 ----------------------------------------------------------------------------------------------------------------------------------- 14 Interest Only Actual/360 3 120 117 120 117 15 Interest Only Actual/360 1 120 119 120 119 16 Interest Only Actual/360 1 120 119 120 119 17 Interest Only Actual/360 2 60 58 60 58 18 Interest Only Actual/360 1 120 119 120 119 ----------------------------------------------------------------------------------------------------------------------------------- 19 INTEREST ONLY ACTUAL/360 2 120 118 120 118 19.01 19.02 20 AMORTIZING ACTUAL/360 0 0 0 120 120 20.01 ----------------------------------------------------------------------------------------------------------------------------------- 20.02 20.03 20.04 20.05 20.06 ----------------------------------------------------------------------------------------------------------------------------------- 20.07 20.08 20.09 20.10 20.11 ----------------------------------------------------------------------------------------------------------------------------------- 21 Interest Only Actual/360 4 119 115 119 115 22 Interest Only Actual/360 4 120 116 120 116 23 Interest Only Actual/360 6 120 114 120 114 24 Interest Only, Then Amortizing Actual/360 1 84 83 120 119 25 Interest Only Actual/360 1 60 59 60 59 ----------------------------------------------------------------------------------------------------------------------------------- 26 Interest Only, Then Amortizing Actual/360 2 59 57 120 118 27 Interest Only Actual/360 3 60 57 60 57 28 Interest Only Actual/360 3 60 57 60 57 29 Interest Only Actual/360 0 120 120 120 120 30 Interest Only Actual/360 0 120 120 120 120 ----------------------------------------------------------------------------------------------------------------------------------- 31 Interest Only Actual/360 2 60 58 60 58 32 Interest Only Actual/360 1 120 119 120 119 33 Interest Only Actual/360 2 120 118 120 118 34 Interest Only Actual/360 2 60 58 60 58 35 Interest Only, Then Amortizing Actual/360 5 36 31 120 115 ----------------------------------------------------------------------------------------------------------------------------------- 36 INTEREST ONLY, THEN AMORTIZING ACTUAL/360 5 36 31 120 115 36.01 36.02 37 INTEREST ONLY ACTUAL/360 1 60 59 60 59 37.01 ----------------------------------------------------------------------------------------------------------------------------------- 37.02 37.03 37.04 37.05 37.06 ----------------------------------------------------------------------------------------------------------------------------------- 38 Interest Only Actual/360 1 120 119 120 119 39 INTEREST ONLY, THEN AMORTIZING ACTUAL/360 0 24 24 60 60 39.01 39.02 39.03 ----------------------------------------------------------------------------------------------------------------------------------- 39.04 39.05 39.06 39.07 39.08 ----------------------------------------------------------------------------------------------------------------------------------- 39.09 39.10 39.11 40 Interest Only Actual/360 3 119 116 119 116 41 Interest Only Actual/360 1 120 119 120 119 ----------------------------------------------------------------------------------------------------------------------------------- 42 INTEREST ONLY ACTUAL/360 2 60 58 60 58 42.01 42.02 42.03 42.04 ----------------------------------------------------------------------------------------------------------------------------------- 42.05 43 Interest Only Actual/360 2 120 118 120 118 44 Interest Only, Then Amortizing Actual/360 5 60 55 120 115 45 Interest Only Actual/360 2 60 58 60 58 46 INTEREST ONLY ACTUAL/360 2 120 118 120 118 ----------------------------------------------------------------------------------------------------------------------------------- 46.01 46.02 47 Interest Only, Then Amortizing Actual/360 3 60 57 120 117 48 Interest Only, Then Amortizing Actual/360 2 60 58 120 118 49 Interest Only Actual/360 1 120 119 120 119 ----------------------------------------------------------------------------------------------------------------------------------- 50 Interest Only, Then Amortizing Actual/360 2 60 58 120 118 51 INTEREST ONLY, THEN AMORTIZING ACTUAL/360 1 60 59 120 119 51.01 51.02 51.03 ----------------------------------------------------------------------------------------------------------------------------------- 51.04 51.05 51.06 52 Amortizing Actual/360 5 0 0 120 115 53 Interest Only Actual/360 1 60 59 60 59 ----------------------------------------------------------------------------------------------------------------------------------- 54 Interest Only Actual/360 2 120 118 120 118 55 Interest Only Actual/360 6 60 54 60 54 56 Interest Only Actual/360 3 120 117 120 117 57 Interest Only, Then Amortizing Actual/360 2 60 58 120 118 58 Interest Only, Then Amortizing Actual/360 2 36 34 120 118 ----------------------------------------------------------------------------------------------------------------------------------- 59 Interest Only Actual/360 1 60 59 60 59 60 INTEREST ONLY ACTUAL/360 2 120 118 120 118 60.01 60.02 60.03 ----------------------------------------------------------------------------------------------------------------------------------- 60.04 61 Interest Only Actual/360 4 120 116 120 116 62 Interest Only Actual/360 3 120 117 120 117 63 Amortizing Actual/360 4 0 0 120 116 64 Interest Only Actual/360 2 120 118 120 118 ----------------------------------------------------------------------------------------------------------------------------------- 65 Interest Only, Then Amortizing Actual/360 3 84 81 120 117 66 Interest Only Actual/360 2 84 82 84 82 67 Interest Only Actual/360 3 120 117 120 117 68 Interest Only Actual/360 4 84 80 84 80 69 Interest Only Actual/360 4 120 116 120 116 ----------------------------------------------------------------------------------------------------------------------------------- 70 Interest Only Actual/360 2 120 118 120 118 71 Amortizing Actual/360 2 0 0 120 118 72 Interest Only Actual/360 5 66 61 66 61 73 Interest Only Actual/360 1 84 83 84 83 74 Interest Only Actual/360 5 120 115 120 115 ----------------------------------------------------------------------------------------------------------------------------------- 75 Interest Only Actual/360 1 120 119 120 119 76 Interest Only Actual/360 1 120 119 120 119 77 Interest Only Actual/360 6 120 114 120 114 78 Interest Only Actual/360 5 120 115 120 115 79 Interest Only Actual/360 3 84 81 84 81 ----------------------------------------------------------------------------------------------------------------------------------- 80 Interest Only Actual/360 3 120 117 120 117 81 Interest Only, Then Amortizing Actual/360 5 61 56 121 116 82 Interest Only Actual/360 1 120 119 120 119 83 Interest Only Actual/360 2 120 118 120 118 84 INTEREST ONLY, THEN AMORTIZING ACTUAL/360 3 60 57 120 117 ----------------------------------------------------------------------------------------------------------------------------------- 84.01 84.02 84.03 84.04 85 Interest Only, Then Amortizing Actual/360 2 36 34 120 118 ----------------------------------------------------------------------------------------------------------------------------------- 86 Interest Only Actual/360 5 120 115 120 115 87 Interest Only Actual/360 2 60 58 60 58 88 Interest Only Actual/360 2 120 118 120 118 89 AMORTIZING ACTUAL/360 3 0 0 120 117 89.01 ----------------------------------------------------------------------------------------------------------------------------------- 89.02 89.03 89.04 89.05 89.06 ----------------------------------------------------------------------------------------------------------------------------------- 89.07 89.08 89.09 89.10 89.11 ----------------------------------------------------------------------------------------------------------------------------------- 89.12 89.13 89.14 89.15 89.16 ----------------------------------------------------------------------------------------------------------------------------------- 89.17 89.18 89.19 89.20 89.21 ----------------------------------------------------------------------------------------------------------------------------------- 89.22 89.23 89.24 89.25 89.26 ----------------------------------------------------------------------------------------------------------------------------------- 89.27 89.28 89.29 89.30 89.31 ----------------------------------------------------------------------------------------------------------------------------------- 89.32 89.33 89.34 89.35 89.36 ----------------------------------------------------------------------------------------------------------------------------------- 89.37 89.38 89.39 89.40 89.41 ----------------------------------------------------------------------------------------------------------------------------------- 89.42 89.43 89.44 89.45 89.46 ----------------------------------------------------------------------------------------------------------------------------------- 89.47 89.48 90 Interest Only, Then Amortizing Actual/360 5 60 55 120 115 91 Interest Only Actual/360 2 120 118 120 118 92 Interest Only Actual/360 2 120 118 120 118 ----------------------------------------------------------------------------------------------------------------------------------- 93 Interest Only Actual/360 2 120 118 120 118 94 Interest Only Actual/360 3 120 117 120 117 95 Interest Only Actual/360 1 60 59 60 59 96 INTEREST ONLY ACTUAL/360 1 120 119 120 119 96.01 ----------------------------------------------------------------------------------------------------------------------------------- 96.02 96.03 96.04 97 Interest Only Actual/360 1 120 119 120 119 98 Interest Only Actual/360 2 120 118 120 118 ----------------------------------------------------------------------------------------------------------------------------------- 99 Interest Only Actual/360 2 132 130 132 130 100 Interest Only Actual/360 1 120 119 120 119 101 Interest Only, Then Amortizing Actual/360 4 36 32 120 116 102 Interest Only Actual/360 3 120 117 120 117 103 Interest Only, Then Amortizing Actual/360 3 60 57 120 117 ----------------------------------------------------------------------------------------------------------------------------------- 104 INTEREST ONLY, THEN AMORTIZING ACTUAL/360 2 36 34 120 118 104.01 104.02 105 Interest Only, Then Amortizing Actual/360 1 36 35 120 119 106 Interest Only Actual/360 4 120 116 120 116 ----------------------------------------------------------------------------------------------------------------------------------- 107 Interest Only Actual/360 1 60 59 60 59 108 Amortizing Actual/360 3 0 0 120 117 109 Interest Only, Then Amortizing Actual/360 2 36 34 120 118 110 Interest Only Actual/360 1 120 119 120 119 111 Interest Only, Then Amortizing Actual/360 2 24 22 120 118 ----------------------------------------------------------------------------------------------------------------------------------- 112 Interest Only, Then Amortizing Actual/360 4 36 32 120 116 113 Interest Only Actual/360 1 120 119 120 119 114 Interest Only Actual/360 1 120 119 120 119 115 Interest Only Actual/360 2 60 58 60 58 116 Interest Only Actual/360 3 84 81 84 81 ----------------------------------------------------------------------------------------------------------------------------------- 117 Interest Only Actual/360 2 120 118 120 118 118 Interest Only Actual/360 4 120 116 120 116 119 Interest Only Actual/360 1 120 119 120 119 120 Interest Only, Then Amortizing Actual/360 1 60 59 120 119 121 Interest Only Actual/360 3 84 81 84 81 ----------------------------------------------------------------------------------------------------------------------------------- 122 Interest Only Actual/360 2 120 118 120 118 123 Interest Only Actual/360 3 60 57 60 57 124 Amortizing Actual/360 8 0 0 60 52 125 Amortizing Actual/360 5 0 0 84 79 126 Interest Only, Then Amortizing Actual/360 1 60 59 120 119 ----------------------------------------------------------------------------------------------------------------------------------- 127 Interest Only Actual/360 2 84 82 84 82 128 Interest Only Actual/360 2 120 118 120 118 129 INTEREST ONLY, THEN AMORTIZING ACTUAL/360 2 24 22 120 118 129.01 129.02 ----------------------------------------------------------------------------------------------------------------------------------- 130 Interest Only Actual/360 3 120 117 120 117 131 Interest Only Actual/360 2 120 118 120 118 132 Interest Only Actual/360 1 120 119 120 119 133 Interest Only, Then Amortizing Actual/360 3 60 57 120 117 134 Interest Only Actual/360 4 120 116 120 116 ----------------------------------------------------------------------------------------------------------------------------------- 135 Amortizing Actual/360 4 0 0 120 116 136 Interest Only Actual/360 4 120 116 120 116 137 Interest Only, Then Amortizing Actual/360 2 60 58 120 118 138 Interest Only Actual/360 5 60 55 60 55 139 Interest Only Actual/360 3 120 117 120 117 ----------------------------------------------------------------------------------------------------------------------------------- 140 Interest Only Actual/360 3 120 117 120 117 141 Interest Only, Then Amortizing Actual/360 3 60 57 120 117 142 Interest Only, Then Amortizing Actual/360 3 60 57 120 117 143 Interest Only, Then Amortizing Actual/360 3 24 21 120 117 144 Interest Only, Then Amortizing Actual/360 3 24 21 60 57 ----------------------------------------------------------------------------------------------------------------------------------- 145 Interest Only Actual/360 3 120 117 120 117 146 Amortizing Actual/360 3 0 0 120 117 147 Interest Only Actual/360 5 120 115 120 115 148 Interest Only, Then Amortizing Actual/360 3 58 55 118 115 149 Interest Only Actual/360 3 120 117 120 117 ----------------------------------------------------------------------------------------------------------------------------------- 150 Amortizing Actual/360 2 0 0 120 118 151 Interest Only, Then Amortizing Actual/360 4 60 56 120 116 152 Interest Only, Then Amortizing Actual/360 3 60 57 120 117 153 Interest Only Actual/360 3 60 57 60 57 154 Interest Only Actual/360 3 60 57 60 57 ----------------------------------------------------------------------------------------------------------------------------------- 155 Interest Only, Then Amortizing Actual/360 1 60 59 120 119 156 Interest Only, Then Amortizing Actual/360 4 60 56 120 116 157 INTEREST ONLY, THEN AMORTIZING ACTUAL/360 4 36 32 120 116 157.01 157.02 ----------------------------------------------------------------------------------------------------------------------------------- 157.03 158 Interest Only, Then Amortizing Actual/360 5 60 55 120 115 159 Interest Only Actual/360 4 60 56 60 56 160 Interest Only Actual/360 4 120 116 120 116 161 Interest Only, Then Amortizing Actual/360 2 24 22 120 118 ----------------------------------------------------------------------------------------------------------------------------------- 162 Interest Only, Then Amortizing Actual/360 3 60 57 120 117 163 Interest Only, Then Amortizing Actual/360 1 60 59 120 119 164 Interest Only, Then Amortizing Actual/360 1 84 83 120 119 165 Interest Only Actual/360 1 120 119 120 119 166 Interest Only Actual/360 3 120 117 120 117 ----------------------------------------------------------------------------------------------------------------------------------- 167 Interest Only, Then Amortizing Actual/360 4 60 56 120 116 168 Interest Only, Then Amortizing Actual/360 2 36 34 120 118 169 Interest Only Actual/360 1 120 119 120 119 170 Interest Only, Then Amortizing Actual/360 4 60 56 120 116 171 Amortizing Actual/360 1 0 0 120 119 ----------------------------------------------------------------------------------------------------------------------------------- 172 Amortizing Actual/360 4 0 0 120 116 173 Interest Only, Then Amortizing Actual/360 3 60 57 120 117 174 Interest Only, Then Amortizing Actual/360 3 60 57 120 117 175 Interest Only, Then Amortizing Actual/360 1 60 59 120 119 176 Interest Only, Then Amortizing Actual/360 1 60 59 120 119 ----------------------------------------------------------------------------------------------------------------------------------- 177 Interest Only, Then Amortizing Actual/360 5 61 56 121 116 178 Interest Only Actual/360 3 60 57 60 57 179 Amortizing Actual/360 4 0 0 120 116 180 Interest Only, Then Amortizing Actual/360 1 12 11 120 119 181 Interest Only, Then Amortizing Actual/360 3 60 57 120 117 ----------------------------------------------------------------------------------------------------------------------------------- 182 Interest Only, Then Amortizing Actual/360 2 24 22 120 118 183 Interest Only, Then Amortizing Actual/360 2 60 58 120 118 184 Interest Only, Then Amortizing Actual/360 2 60 58 120 118 185 Interest Only, Then Amortizing Actual/360 3 60 57 120 117 186 Interest Only Actual/360 2 120 118 120 118 ----------------------------------------------------------------------------------------------------------------------------------- 187 Interest Only, Then Amortizing Actual/360 3 36 33 120 117 188 Interest Only Actual/360 1 120 119 120 119 189 Interest Only Actual/360 1 120 119 120 119 190 Interest Only Actual/360 3 120 117 120 117 191 Interest Only, Then Amortizing Actual/360 3 24 21 120 117 ----------------------------------------------------------------------------------------------------------------------------------- 192 Interest Only, Then Amortizing Actual/360 3 60 57 120 117 193 Interest Only Actual/360 2 120 118 120 118 194 Interest Only, Then Amortizing Actual/360 6 60 54 120 114 195 Interest Only, Then Amortizing Actual/360 3 36 33 120 117 196 Interest Only, Then Amortizing Actual/360 3 60 57 120 117 ----------------------------------------------------------------------------------------------------------------------------------- 197 Amortizing Actual/360 0 0 0 120 120 198 Interest Only, Then Amortizing Actual/360 2 60 58 120 118 199 Amortizing Actual/360 6 0 0 120 114 200 Amortizing Actual/360 4 0 0 120 116 201 Interest Only, Then Amortizing Actual/360 1 60 59 120 119 ----------------------------------------------------------------------------------------------------------------------------------- 202 Interest Only Actual/360 2 120 118 120 118 203 Interest Only, Then Amortizing Actual/360 6 60 54 120 114 204 Interest Only Actual/360 4 120 116 120 116 205 Interest Only Actual/360 5 60 55 60 55 206 Interest Only, Then Amortizing Actual/360 6 60 54 120 114 ORIGINAL REMAINING CONTROL AMORTIZATION TERM AMORTIZATION TERM FIRST LAST IO FIRST P&I NUMBER (MOS.) (MOS.) NOTE DATE PAYMENT DATE PAYMENT DATE PAYMENT DATE MATURITY DATE --------------------------------------------------------------------------------------------------------------------------- 1 0 0 3/27/2007 5/6/2007 4/6/2017 4/6/2017 1.01 1.02 1.03 1.04 --------------------------------------------------------------------------------------------------------------------------- 1.05 1.06 1.07 1.08 1.09 --------------------------------------------------------------------------------------------------------------------------- 1.10 1.11 1.12 1.13 1.14 --------------------------------------------------------------------------------------------------------------------------- 1.15 1.16 2 0 0 4/4/2007 5/6/2007 4/6/2017 4/6/2017 3 0 0 4/24/2007 6/6/2007 5/6/2017 5/6/2017 4 0 0 1/25/2007 3/6/2007 2/6/2017 2/6/2017 --------------------------------------------------------------------------------------------------------------------------- 4.01 4.02 4.03 4.04 4.05 --------------------------------------------------------------------------------------------------------------------------- 4.06 5 0 0 5/18/2007 7/6/2007 6/6/2017 6/6/2017 6 0 0 4/9/2007 6/6/2007 4/6/2017 4/6/2017 7 0 0 1/25/2007 3/6/2007 2/6/2017 2/6/2017 8 360 360 6/7/2007 8/6/2007 7/6/2012 8/6/2012 7/6/2017 --------------------------------------------------------------------------------------------------------------------------- 8.01 8.02 8.03 8.04 8.05 --------------------------------------------------------------------------------------------------------------------------- 8.06 8.07 8.08 8.09 8.10 --------------------------------------------------------------------------------------------------------------------------- 8.11 8.12 8.13 8.14 8.15 --------------------------------------------------------------------------------------------------------------------------- 8.16 8.17 8.18 8.19 8.20 --------------------------------------------------------------------------------------------------------------------------- 8.21 8.22 8.23 8.24 8.25 --------------------------------------------------------------------------------------------------------------------------- 8.26 8.27 8.28 8.29 8.30 --------------------------------------------------------------------------------------------------------------------------- 8.31 8.32 8.33 8.34 8.35 --------------------------------------------------------------------------------------------------------------------------- 9 0 0 4/24/2007 6/6/2007 5/6/2017 5/6/2017 10 480 480 6/8/2007 8/6/2007 7/6/2010 8/6/2010 7/6/2017 11 0 0 4/2/2007 5/6/2007 4/6/2017 4/6/2017 12 0 0 12/28/2006 2/6/2007 1/6/2014 1/6/2014 13 0 0 6/8/2007 8/6/2007 7/6/2017 7/6/2017 --------------------------------------------------------------------------------------------------------------------------- 14 0 0 3/28/2007 5/6/2007 4/6/2017 4/6/2017 15 0 0 6/1/2007 7/6/2007 6/6/2017 6/6/2017 16 0 0 6/4/2007 7/6/2007 6/6/2017 6/6/2017 17 0 0 4/26/2007 6/6/2007 5/6/2012 5/6/2012 18 0 0 5/4/2007 7/1/2007 6/1/2017 6/1/2017 --------------------------------------------------------------------------------------------------------------------------- 19 0 0 4/24/2007 6/6/2007 5/6/2017 5/6/2017 19.01 19.02 20 399 399 6/8/2007 8/6/2007 8/6/2007 7/6/2017 20.01 --------------------------------------------------------------------------------------------------------------------------- 20.02 20.03 20.04 20.05 20.06 --------------------------------------------------------------------------------------------------------------------------- 20.07 20.08 20.09 20.10 20.11 --------------------------------------------------------------------------------------------------------------------------- 21 0 0 2/23/2007 4/6/2007 2/6/2017 2/6/2017 22 0 0 2/7/2007 4/6/2007 3/6/2017 3/6/2017 23 0 0 12/28/2006 2/6/2007 1/6/2017 1/6/2017 24 360 360 6/5/2007 7/6/2007 6/6/2014 7/6/2014 6/6/2017 25 0 0 5/11/2007 7/6/2007 6/6/2012 6/6/2012 --------------------------------------------------------------------------------------------------------------------------- 26 360 360 4/25/2007 6/6/2007 4/6/2012 5/6/2012 5/6/2017 27 0 0 4/4/2007 5/6/2007 4/6/2012 4/6/2012 28 0 0 3/26/2007 5/6/2007 4/6/2012 4/6/2012 29 0 0 6/8/2007 8/6/2007 7/6/2017 7/6/2017 30 0 0 6/8/2007 8/6/2007 7/6/2017 7/6/2017 --------------------------------------------------------------------------------------------------------------------------- 31 0 0 4/13/2007 6/6/2007 5/6/2012 5/6/2012 32 0 0 5/18/2007 7/6/2007 6/6/2017 6/6/2017 33 0 0 4/9/2007 6/6/2007 5/6/2017 5/6/2017 34 0 0 4/24/2007 6/6/2007 5/6/2012 5/6/2012 35 360 360 2/1/2007 3/6/2007 2/6/2010 3/6/2010 2/6/2017 --------------------------------------------------------------------------------------------------------------------------- 36 360 360 2/1/2007 3/6/2007 2/6/2010 3/6/2010 2/6/2017 36.01 36.02 37 0 0 5/8/2007 7/6/2007 6/6/2012 6/6/2012 37.01 --------------------------------------------------------------------------------------------------------------------------- 37.02 37.03 37.04 37.05 37.06 --------------------------------------------------------------------------------------------------------------------------- 38 0 0 5/24/2007 7/6/2007 6/6/2017 6/6/2017 39 360 360 6/11/2007 8/6/2007 7/6/2009 8/6/2009 7/6/2012 39.01 39.02 39.03 --------------------------------------------------------------------------------------------------------------------------- 39.04 39.05 39.06 39.07 39.08 --------------------------------------------------------------------------------------------------------------------------- 39.09 39.10 39.11 40 0 0 3/6/2007 5/6/2007 3/6/2017 3/6/2017 41 0 0 5/17/2007 7/6/2007 6/6/2017 6/6/2017 --------------------------------------------------------------------------------------------------------------------------- 42 0 0 5/3/2007 6/6/2007 5/6/2012 5/6/2012 42.01 42.02 42.03 42.04 --------------------------------------------------------------------------------------------------------------------------- 42.05 43 0 0 4/24/2007 6/6/2007 5/6/2017 5/6/2017 44 360 360 2/7/2007 3/6/2007 2/6/2012 3/6/2012 2/6/2017 45 0 0 5/2/2007 6/6/2007 5/6/2012 5/6/2012 46 0 0 4/9/2007 6/6/2007 5/6/2017 5/6/2017 --------------------------------------------------------------------------------------------------------------------------- 46.01 46.02 47 360 360 4/5/2007 5/6/2007 4/6/2012 5/6/2012 4/6/2017 48 360 360 4/10/2007 6/6/2007 5/6/2012 6/6/2012 5/6/2017 49 0 0 5/18/2007 7/6/2007 6/6/2017 6/6/2017 --------------------------------------------------------------------------------------------------------------------------- 50 360 360 4/25/2007 6/1/2007 5/1/2012 6/1/2012 5/1/2017 51 360 360 5/8/2007 7/6/2007 6/6/2012 7/6/2012 6/6/2017 51.01 51.02 51.03 --------------------------------------------------------------------------------------------------------------------------- 51.04 51.05 51.06 52 664 659 1/19/2007 3/6/2007 3/6/2007 2/6/2017 53 0 0 5/17/2007 7/6/2007 6/6/2012 6/6/2012 --------------------------------------------------------------------------------------------------------------------------- 54 0 0 4/9/2007 6/6/2007 5/6/2017 5/6/2017 55 0 0 12/28/2006 2/6/2007 1/6/2012 1/6/2012 56 0 0 3/28/2007 5/6/2007 4/6/2017 4/6/2017 57 360 360 5/2/2007 6/6/2007 5/6/2012 6/6/2012 5/6/2017 58 360 360 4/20/2007 6/6/2007 5/6/2010 6/6/2010 5/6/2017 --------------------------------------------------------------------------------------------------------------------------- 59 0 0 5/17/2007 7/6/2007 6/6/2012 6/6/2012 60 0 0 4/9/2007 6/6/2007 5/6/2017 5/6/2017 60.01 60.02 60.03 --------------------------------------------------------------------------------------------------------------------------- 60.04 61 0 0 2/8/2007 4/6/2007 3/6/2017 3/6/2017 62 0 0 3/15/2007 5/6/2007 4/6/2017 4/6/2017 63 300 296 2/27/2007 4/6/2007 4/6/2007 3/6/2017 64 0 0 4/18/2007 6/6/2007 5/6/2017 5/6/2017 --------------------------------------------------------------------------------------------------------------------------- 65 360 360 3/22/2007 5/6/2007 4/6/2014 5/6/2014 4/6/2017 66 0 0 4/20/2007 6/6/2007 5/6/2014 5/6/2014 67 0 0 4/2/2007 5/6/2007 4/6/2017 4/6/2017 68 0 0 3/5/2007 4/6/2007 3/6/2014 3/6/2014 69 0 0 2/20/2007 4/6/2007 3/6/2017 3/6/2017 --------------------------------------------------------------------------------------------------------------------------- 70 0 0 4/11/2007 6/6/2007 5/6/2017 5/6/2017 71 360 358 4/11/2007 6/6/2007 6/6/2007 5/6/2017 72 0 0 1/16/2007 3/6/2007 8/6/2012 8/6/2012 73 0 0 6/6/2007 7/6/2007 6/6/2014 6/6/2014 74 0 0 1/17/2007 3/6/2007 2/6/2017 2/6/2017 --------------------------------------------------------------------------------------------------------------------------- 75 0 0 5/22/2007 7/6/2007 6/6/2017 6/6/2017 76 0 0 5/9/2007 7/6/2007 6/6/2017 6/6/2017 77 0 0 12/18/2006 2/6/2007 1/6/2017 1/6/2017 78 0 0 1/31/2007 3/6/2007 2/6/2017 2/6/2017 79 0 0 3/30/2007 5/6/2007 4/6/2014 4/6/2014 --------------------------------------------------------------------------------------------------------------------------- 80 0 0 3/29/2007 5/6/2007 4/6/2017 4/6/2017 81 360 360 2/9/2007 3/6/2007 3/6/2012 4/6/2012 3/6/2017 82 0 0 5/17/2007 7/6/2007 6/6/2017 6/6/2017 83 0 0 4/25/2007 6/1/2007 5/1/2017 5/1/2017 84 360 360 4/5/2007 5/6/2007 4/6/2012 5/6/2012 4/6/2017 --------------------------------------------------------------------------------------------------------------------------- 84.01 84.02 84.03 84.04 85 360 360 4/18/2007 6/6/2007 5/6/2010 6/6/2010 5/6/2017 --------------------------------------------------------------------------------------------------------------------------- 86 0 0 1/31/2007 3/6/2007 2/6/2017 2/6/2017 87 0 0 5/3/2007 6/6/2007 5/6/2012 5/6/2012 88 0 0 5/3/2007 6/6/2007 5/6/2017 5/6/2017 89 360 357 3/22/2007 5/6/2007 5/6/2007 4/6/2017 89.01 --------------------------------------------------------------------------------------------------------------------------- 89.02 89.03 89.04 89.05 89.06 --------------------------------------------------------------------------------------------------------------------------- 89.07 89.08 89.09 89.10 89.11 --------------------------------------------------------------------------------------------------------------------------- 89.12 89.13 89.14 89.15 89.16 --------------------------------------------------------------------------------------------------------------------------- 89.17 89.18 89.19 89.20 89.21 --------------------------------------------------------------------------------------------------------------------------- 89.22 89.23 89.24 89.25 89.26 --------------------------------------------------------------------------------------------------------------------------- 89.27 89.28 89.29 89.30 89.31 --------------------------------------------------------------------------------------------------------------------------- 89.32 89.33 89.34 89.35 89.36 --------------------------------------------------------------------------------------------------------------------------- 89.37 89.38 89.39 89.40 89.41 --------------------------------------------------------------------------------------------------------------------------- 89.42 89.43 89.44 89.45 89.46 --------------------------------------------------------------------------------------------------------------------------- 89.47 89.48 90 360 360 2/2/2007 3/6/2007 2/6/2012 3/6/2012 2/6/2017 91 0 0 4/4/2007 6/1/2007 5/1/2017 5/1/2017 92 0 0 4/27/2007 6/6/2007 5/6/2017 5/6/2017 --------------------------------------------------------------------------------------------------------------------------- 93 0 0 4/24/2007 6/6/2007 5/6/2017 5/6/2017 94 0 0 4/5/2007 5/6/2007 4/6/2017 4/6/2017 95 0 0 5/2/2007 7/1/2007 6/1/2012 6/1/2012 96 0 0 5/25/2007 7/6/2007 6/6/2017 6/6/2017 96.01 --------------------------------------------------------------------------------------------------------------------------- 96.02 96.03 96.04 97 0 0 5/17/2007 7/6/2007 6/6/2017 6/6/2017 98 0 0 4/3/2007 6/1/2007 5/1/2017 5/1/2017 --------------------------------------------------------------------------------------------------------------------------- 99 0 0 4/10/2007 6/6/2007 5/6/2018 5/6/2018 100 0 0 5/18/2007 7/6/2007 6/6/2017 6/6/2017 101 360 360 3/6/2007 4/6/2007 3/6/2010 4/6/2010 3/6/2017 102 0 0 3/16/2007 5/6/2007 4/6/2017 4/6/2017 103 360 360 3/15/2007 5/6/2007 4/6/2012 5/6/2012 4/6/2017 --------------------------------------------------------------------------------------------------------------------------- 104 360 360 4/26/2007 6/6/2007 5/6/2010 6/6/2010 5/6/2017 104.01 104.02 105 360 360 6/1/2007 7/6/2007 6/6/2010 7/6/2010 6/6/2017 106 0 0 2/23/2007 4/6/2007 3/6/2017 3/6/2017 --------------------------------------------------------------------------------------------------------------------------- 107 0 0 5/31/2007 7/6/2007 6/6/2012 6/6/2012 108 300 297 3/22/2007 5/6/2007 5/6/2007 4/6/2017 109 360 360 4/26/2007 6/6/2007 5/6/2010 6/6/2010 5/6/2017 110 0 0 5/17/2007 7/1/2007 6/1/2017 6/1/2017 111 360 360 4/27/2007 6/6/2007 5/6/2009 6/6/2009 5/6/2017 --------------------------------------------------------------------------------------------------------------------------- 112 360 360 2/15/2007 4/6/2007 3/6/2010 4/6/2010 3/6/2017 113 0 0 5/18/2007 7/1/2007 6/1/2017 6/1/2017 114 0 0 5/15/2007 7/6/2007 6/6/2017 6/6/2017 115 0 0 4/26/2007 6/6/2007 5/6/2012 5/6/2012 116 0 0 3/27/2007 5/6/2007 4/6/2014 4/6/2014 --------------------------------------------------------------------------------------------------------------------------- 117 0 0 4/25/2007 6/6/2007 5/6/2017 5/6/2017 118 0 0 2/15/2007 4/6/2007 3/6/2017 3/6/2017 119 0 0 5/30/2007 7/6/2007 6/6/2017 6/6/2017 120 360 360 5/7/2007 7/6/2007 6/6/2012 7/6/2012 6/6/2017 121 0 0 3/29/2007 5/6/2007 4/6/2014 4/6/2014 --------------------------------------------------------------------------------------------------------------------------- 122 0 0 5/1/2007 6/6/2007 5/6/2017 5/6/2017 123 0 0 3/21/2007 5/6/2007 4/6/2012 4/6/2012 124 360 352 10/31/2006 12/6/2006 12/6/2006 11/6/2011 125 360 355 2/5/2007 3/6/2007 3/6/2007 2/6/2014 126 360 360 5/7/2007 7/6/2007 6/6/2012 7/6/2012 6/6/2017 --------------------------------------------------------------------------------------------------------------------------- 127 0 0 4/24/2007 6/6/2007 5/6/2014 5/6/2014 128 0 0 5/2/2007 6/6/2007 5/6/2017 5/6/2017 129 360 360 4/20/2007 6/6/2007 5/6/2009 6/6/2009 5/6/2017 129.01 129.02 --------------------------------------------------------------------------------------------------------------------------- 130 0 0 3/30/2007 5/6/2007 4/6/2017 4/6/2017 131 0 0 4/11/2007 6/6/2007 5/6/2017 5/6/2017 132 0 0 5/18/2007 7/6/2007 6/6/2017 6/6/2017 133 360 360 3/28/2007 5/6/2007 4/6/2012 5/6/2012 4/6/2017 134 0 0 2/15/2007 4/6/2007 3/6/2017 3/6/2017 --------------------------------------------------------------------------------------------------------------------------- 135 300 296 2/8/2007 4/6/2007 4/6/2007 3/6/2017 136 0 0 2/15/2007 4/6/2007 3/6/2017 3/6/2017 137 360 360 4/18/2007 6/6/2007 5/6/2012 6/6/2012 5/6/2017 138 0 0 1/26/2007 3/6/2007 2/6/2012 2/6/2012 139 0 0 3/14/2007 5/6/2007 4/6/2017 4/6/2017 --------------------------------------------------------------------------------------------------------------------------- 140 0 0 4/5/2007 5/6/2007 4/6/2017 4/6/2017 141 360 360 3/15/2007 5/6/2007 4/6/2012 5/6/2012 4/6/2017 142 360 360 3/13/2007 5/6/2007 4/6/2012 5/6/2012 4/6/2017 143 360 360 3/30/2007 5/6/2007 4/6/2009 5/6/2009 4/6/2017 144 360 360 3/7/2007 5/6/2007 4/6/2009 5/6/2009 4/6/2012 --------------------------------------------------------------------------------------------------------------------------- 145 0 0 3/9/2007 5/6/2007 4/6/2017 4/6/2017 146 360 357 3/13/2007 5/6/2007 5/6/2007 4/6/2017 147 0 0 1/31/2007 3/6/2007 2/6/2017 2/6/2017 148 360 360 3/22/2007 5/6/2007 2/6/2012 3/6/2012 2/6/2017 149 0 0 3/27/2007 5/6/2007 4/6/2017 4/6/2017 --------------------------------------------------------------------------------------------------------------------------- 150 360 358 5/1/2007 6/6/2007 6/6/2007 5/6/2017 151 360 360 2/28/2007 4/6/2007 3/6/2012 4/6/2012 3/6/2017 152 360 360 3/29/2007 5/6/2007 4/6/2012 5/6/2012 4/6/2017 153 0 0 3/22/2007 5/6/2007 4/6/2012 4/6/2012 154 0 0 3/15/2007 5/6/2007 4/6/2012 4/6/2012 --------------------------------------------------------------------------------------------------------------------------- 155 360 360 5/4/2007 7/1/2007 6/1/2012 7/1/2012 6/1/2017 156 360 360 3/6/2007 4/6/2007 3/6/2012 4/6/2012 3/6/2017 157 360 360 2/23/2007 4/6/2007 3/6/2010 4/6/2010 3/6/2017 157.01 157.02 --------------------------------------------------------------------------------------------------------------------------- 157.03 158 360 360 1/30/2007 3/6/2007 2/6/2012 3/6/2012 2/6/2017 159 0 0 2/27/2007 4/6/2007 3/6/2012 3/6/2012 160 0 0 2/15/2007 4/6/2007 3/6/2017 3/6/2017 161 360 360 5/4/2007 6/6/2007 5/6/2009 6/6/2009 5/6/2017 --------------------------------------------------------------------------------------------------------------------------- 162 360 360 3/23/2007 5/6/2007 4/6/2012 5/6/2012 4/6/2017 163 360 360 5/17/2007 7/1/2007 6/1/2012 7/1/2012 6/1/2017 164 360 360 5/15/2007 7/6/2007 6/6/2014 7/6/2014 6/6/2017 165 0 0 5/15/2007 7/6/2007 6/6/2017 6/6/2017 166 0 0 3/28/2007 5/6/2007 4/6/2017 4/6/2017 --------------------------------------------------------------------------------------------------------------------------- 167 360 360 2/15/2007 4/6/2007 3/6/2012 4/6/2012 3/6/2017 168 360 360 4/25/2007 6/1/2007 5/1/2010 6/1/2010 5/1/2017 169 0 0 5/8/2007 7/6/2007 6/6/2017 6/6/2017 170 360 360 2/26/2007 4/1/2007 3/1/2012 4/1/2012 3/1/2017 171 360 359 5/10/2007 7/1/2007 7/1/2007 6/1/2017 --------------------------------------------------------------------------------------------------------------------------- 172 300 296 2/15/2007 4/6/2007 4/6/2007 3/6/2017 173 360 360 3/13/2007 5/6/2007 4/6/2012 5/6/2012 4/6/2017 174 360 360 3/28/2007 5/6/2007 4/6/2012 5/6/2012 4/6/2017 175 360 360 5/11/2007 7/6/2007 6/6/2012 7/6/2012 6/6/2017 176 360 360 5/10/2007 7/6/2007 6/6/2012 7/6/2012 6/6/2017 --------------------------------------------------------------------------------------------------------------------------- 177 360 360 2/9/2007 3/6/2007 3/6/2012 4/6/2012 3/6/2017 178 0 0 3/29/2007 5/6/2007 4/6/2012 4/6/2012 179 360 356 2/28/2007 4/6/2007 4/6/2007 3/6/2017 180 360 360 5/16/2007 7/6/2007 6/6/2008 7/6/2008 6/6/2017 181 360 360 3/23/2007 5/1/2007 4/1/2012 5/1/2012 4/1/2017 --------------------------------------------------------------------------------------------------------------------------- 182 360 360 4/9/2007 6/6/2007 5/6/2009 6/6/2009 5/6/2017 183 360 360 4/17/2007 6/1/2007 5/1/2012 6/1/2012 5/1/2017 184 360 360 5/2/2007 6/6/2007 5/6/2012 6/6/2012 5/6/2017 185 360 360 3/15/2007 5/6/2007 4/6/2012 5/6/2012 4/6/2017 186 0 0 4/20/2007 6/6/2007 5/6/2017 5/6/2017 --------------------------------------------------------------------------------------------------------------------------- 187 360 360 3/29/2007 5/6/2007 4/6/2010 5/6/2010 4/6/2017 188 0 0 5/2/2007 7/1/2007 6/1/2017 6/1/2017 189 0 0 5/10/2007 7/6/2007 6/6/2017 6/6/2017 190 0 0 3/23/2007 5/6/2007 4/6/2017 4/6/2017 191 360 360 4/5/2007 5/6/2007 4/6/2009 5/6/2009 4/6/2017 --------------------------------------------------------------------------------------------------------------------------- 192 360 360 3/15/2007 5/6/2007 4/6/2012 5/6/2012 4/6/2017 193 0 0 5/2/2007 6/6/2007 5/6/2017 5/6/2017 194 360 360 12/15/2006 2/6/2007 1/6/2012 2/6/2012 1/6/2017 195 360 360 3/14/2007 5/6/2007 4/6/2010 5/6/2010 4/6/2017 196 360 360 3/30/2007 5/6/2007 4/6/2012 5/6/2012 4/6/2017 --------------------------------------------------------------------------------------------------------------------------- 197 360 360 6/7/2007 8/6/2007 8/6/2007 7/6/2017 198 360 360 4/9/2007 6/6/2007 5/6/2012 6/6/2012 5/6/2017 199 360 354 12/18/2006 2/6/2007 2/6/2007 1/6/2017 200 360 356 3/2/2007 4/6/2007 4/6/2007 3/6/2017 201 360 360 5/7/2007 7/6/2007 6/6/2012 7/6/2012 6/6/2017 --------------------------------------------------------------------------------------------------------------------------- 202 0 0 4/11/2007 6/6/2007 5/6/2017 5/6/2017 203 360 360 12/8/2006 2/6/2007 1/6/2012 2/6/2012 1/6/2017 204 0 0 2/16/2007 4/6/2007 3/6/2017 3/6/2017 205 0 0 2/2/2007 3/6/2007 2/6/2012 2/6/2012 206 360 360 12/29/2006 2/6/2007 1/6/2012 2/6/2012 1/6/2017 GRACE GRACE CONTROL PAYMENT ARD PERIOD- PERIOD- NUMBER DATE (YES / NO) LATE FEE DEFAULT ---------------------------------------------------------------------------------------------------------------------------- 1 6 No 0 0 1.01 1.02 1.03 1.04 ---------------------------------------------------------------------------------------------------------------------------- 1.05 1.06 1.07 1.08 1.09 ---------------------------------------------------------------------------------------------------------------------------- 1.10 1.11 1.12 1.13 1.14 ---------------------------------------------------------------------------------------------------------------------------- 1.15 1.16 2 6 No 0 0 3 6 No 0 0 4 6 NO 0 0 ---------------------------------------------------------------------------------------------------------------------------- 4.01 4.02 4.03 4.04 4.05 ---------------------------------------------------------------------------------------------------------------------------- 4.06 5 6 No 0 0 6 6 No 3 days grace twice per twelve month period 0 7 6 No 0 0 8 6 NO 0 0 ---------------------------------------------------------------------------------------------------------------------------- 8.01 8.02 8.03 8.04 8.05 ---------------------------------------------------------------------------------------------------------------------------- 8.06 8.07 8.08 8.09 8.10 ---------------------------------------------------------------------------------------------------------------------------- 8.11 8.12 8.13 8.14 8.15 ---------------------------------------------------------------------------------------------------------------------------- 8.16 8.17 8.18 8.19 8.20 ---------------------------------------------------------------------------------------------------------------------------- 8.21 8.22 8.23 8.24 8.25 ---------------------------------------------------------------------------------------------------------------------------- 8.26 8.27 8.28 8.29 8.30 ---------------------------------------------------------------------------------------------------------------------------- 8.31 8.32 8.33 8.34 8.35 ---------------------------------------------------------------------------------------------------------------------------- 9 6 No 0 0 10 6 No 0 0 11 6 No 0 0 12 6 No 0 0 13 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 14 6 No 0 0 15 6 No 0 0 16 6 No 5 0 17 6 No 0 0 18 1 No 5 5 ---------------------------------------------------------------------------------------------------------------------------- 19 6 NO 0 0 19.01 19.02 20 6 NO 0 0 20.01 ---------------------------------------------------------------------------------------------------------------------------- 20.02 20.03 20.04 20.05 20.06 ---------------------------------------------------------------------------------------------------------------------------- 20.07 20.08 20.09 20.10 20.11 ---------------------------------------------------------------------------------------------------------------------------- 21 6 No 0 0 22 6 No 0 0 23 6 No 0 0 24 6 No 0 0 25 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 26 6 No 0 0 27 6 No 0 0 28 6 No 0 0 29 6 No 0 0 30 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 31 6 No 0 0 32 6 No 0 0 33 6 No 0 0 34 6 No 0 0 35 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 36 6 NO 0 0 36.01 36.02 37 6 NO 3 0 37.01 ---------------------------------------------------------------------------------------------------------------------------- 37.02 37.03 37.04 37.05 37.06 ---------------------------------------------------------------------------------------------------------------------------- 38 6 No 0 0 39 6 NO 0 0 39.01 39.02 39.03 ---------------------------------------------------------------------------------------------------------------------------- 39.04 39.05 39.06 39.07 39.08 ---------------------------------------------------------------------------------------------------------------------------- 39.09 39.10 39.11 40 6 No 0 5 41 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 42 6 NO 0 0 42.01 42.02 42.03 42.04 ---------------------------------------------------------------------------------------------------------------------------- 42.05 43 6 No 0 0 44 6 No 0 0 45 6 No 0 0 46 6 NO 0 0 ---------------------------------------------------------------------------------------------------------------------------- 46.01 46.02 47 6 No 0 0 48 6 No 0 0 49 6 No 15 5 days grace only once per twelve month period ---------------------------------------------------------------------------------------------------------------------------- 50 1 No 5 5 51 6 NO 5 0 51.01 51.02 51.03 ---------------------------------------------------------------------------------------------------------------------------- 51.04 51.05 51.06 52 6 No 0 0 53 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 54 6 No 0 0 55 6 No 0 0 56 6 No 0 0 57 6 No 0 0 58 6 No 15 0 ---------------------------------------------------------------------------------------------------------------------------- 59 6 No 5 5 60 6 NO 0 0 60.01 60.02 60.03 ---------------------------------------------------------------------------------------------------------------------------- 60.04 61 6 No 0 0 62 6 No 0 1 day grace only once per calendar year 63 6 No 0 0 64 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 65 6 No 5 days grace once per twelve month period 0 66 6 No 0 0 67 6 No 0 0 68 6 No 0 0 69 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 70 6 No 0 0 71 6 No 0 0 72 6 No 0 0 73 6 No 0 0 74 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 75 6 No 15 0 76 6 No 0 0 77 6 No 0 0 78 6 No 0 0 79 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 80 6 No 0 0 81 6 No 0 0 82 6 No 0 0 83 1 No 5 5 84 6 NO 0 0 ---------------------------------------------------------------------------------------------------------------------------- 84.01 84.02 84.03 84.04 85 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 86 6 No 0 0 87 6 No 0 0 88 6 No 0 0 89 6 NO 0 0 89.01 ---------------------------------------------------------------------------------------------------------------------------- 89.02 89.03 89.04 89.05 89.06 ---------------------------------------------------------------------------------------------------------------------------- 89.07 89.08 89.09 89.10 89.11 ---------------------------------------------------------------------------------------------------------------------------- 89.12 89.13 89.14 89.15 89.16 ---------------------------------------------------------------------------------------------------------------------------- 89.17 89.18 89.19 89.20 89.21 ---------------------------------------------------------------------------------------------------------------------------- 89.22 89.23 89.24 89.25 89.26 ---------------------------------------------------------------------------------------------------------------------------- 89.27 89.28 89.29 89.30 89.31 ---------------------------------------------------------------------------------------------------------------------------- 89.32 89.33 89.34 89.35 89.36 ---------------------------------------------------------------------------------------------------------------------------- 89.37 89.38 89.39 89.40 89.41 ---------------------------------------------------------------------------------------------------------------------------- 89.42 89.43 89.44 89.45 89.46 ---------------------------------------------------------------------------------------------------------------------------- 89.47 89.48 90 6 No 0 0 91 1 No 5 0 92 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 93 6 No 0 0 94 6 No 0 0 95 1 No 5 5 96 6 NO 0 5 DAYS GRACE ONLY ONCE PER CALENDAR YEAR 96.01 ---------------------------------------------------------------------------------------------------------------------------- 96.02 96.03 96.04 97 6 No 0 0 98 1 No 5 5 ---------------------------------------------------------------------------------------------------------------------------- 99 6 No 0 0 100 6 No 0 0 101 6 No 0 0 102 6 No 0 0 103 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 104 6 NO 0 0 104.01 104.02 105 6 No 0 0 106 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 107 6 No 0 0 108 6 No 5 5 109 6 No 0 0 110 1 No 5 5 111 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 112 6 No 0 0 113 1 No 5 5 114 6 No 0 0 115 6 No 0 10 116 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 117 6 No 0 0 118 6 No 0 0 119 6 No 0 0 120 6 No 0 0 121 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 122 6 No 0 0 123 6 No 5 0 124 6 No 0 0 125 6 No 0 0 126 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 127 6 No 15 0 128 6 No 0 0 129 6 NO 0 0 129.01 129.02 ---------------------------------------------------------------------------------------------------------------------------- 130 6 No 0 0 131 6 No 0 0 132 6 No 0 0 133 6 No 0 5 days grace only once per calendar year 134 6 No 15 5 days grace only once per twelve month period ---------------------------------------------------------------------------------------------------------------------------- 135 6 No 0 0 136 6 No 0 0 137 6 No 0 0 138 6 No 0 0 139 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 140 6 No 0 0 141 6 No 0 0 142 6 No 0 0 143 6 No 0 0 144 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 145 6 No 0 0 146 6 No 0 0 147 6 No 0 0 148 6 No 0 0 149 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 150 6 No 0 0 151 6 No 0 0 152 6 No 0 0 153 6 No 0 0 154 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 155 1 No 5 5 156 6 No 0 0 157 6 NO 0 0 157.01 157.02 ---------------------------------------------------------------------------------------------------------------------------- 157.03 158 6 No 0 0 159 6 No 5 0 160 6 No 0 0 161 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 162 6 No 0 0 163 1 No 5 5 164 6 No 0 0 165 6 No 0 0 166 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 167 6 No 0 0 168 1 No 5 5 169 6 No 0 0 170 1 No 5 5 171 1 No 5 5 ---------------------------------------------------------------------------------------------------------------------------- 172 6 No 15 0 173 6 No 0 0 174 6 No 0 0 175 6 No 7 0 176 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 177 6 No 0 0 178 6 No 0 0 179 6 No 0 0 180 6 No 0 0 181 1 No 5 5 ---------------------------------------------------------------------------------------------------------------------------- 182 6 No 0 0 183 1 No 5 5 184 6 No 0 0 185 6 No 0 0 186 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 187 6 No 0 0 188 1 No 5 5 189 6 No 0 0 190 6 No 0 0 191 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 192 6 No 0 0 193 6 No 0 0 194 6 No 0 0 195 6 No 0 0 196 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 197 6 No 0 0 198 6 No 0 0 199 6 No 0 0 200 6 No 0 0 201 6 No 0 0 ---------------------------------------------------------------------------------------------------------------------------- 202 6 No 0 0 203 6 No 0 0 204 6 No 0 0 205 6 No 0 0 206 6 No 0 0 THIRD THIRD MOST CONTROL MOST RECENT RECENT NUMBER PREPAYMENT PROVISION (1) NOI ($) NOI DATE ------------------------------------------------------------------------------------------------------------------------------------ 1 Lockout/27_Defeasance/89_0%/4 46,915,555 12/31/2005 1.01 8,330,272 12/31/2005 1.02 6,084,730 12/31/2005 1.03 6,045,376 12/31/2005 1.04 4,195,150 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 1.05 1,960,598 12/31/2005 1.06 2,895,173 12/31/2005 1.07 4,938,610 12/31/2005 1.08 2,272,833 12/31/2005 1.09 2,195,540 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 1.10 1,928,561 12/31/2005 1.11 1,657,560 12/31/2005 1.12 N/A N/A 1.13 1,454,510 12/31/2005 1.14 1,137,174 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 1.15 1,059,276 12/31/2005 1.16 760,193 12/31/2005 2 Lockout/0_> Yield Maintenance or 1%/27_Defeasance or Greater of Yield Maintenance or 1%/86 _0%/7 28,629,157 12/31/2005 3 Lockout/0_> Yield Maintenance or 2%/26_Defeasance or Greater of Yield Maintenance or 1%/90_0%/4 26,329,081 12/31/2005 4 LOCKOUT/29_DEFEASANCE/87_0%/4 13,779,500 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 4.01 1,608,432 12/31/2005 4.02 2,333,739 12/31/2005 4.03 2,681,674 12/31/2005 4.04 1,061,797 12/31/2005 4.05 3,198,619 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 4.06 2,895,239 12/31/2005 5 Lockout/25_Defeasance/91_0%/4 20,230,329 12/31/2005 6 Lockout/26_Defeasance/89_0%/4 N/A N/A 7 Lockout/29_Defeasance/87_0%/4 N/A N/A 8 LOCKOUT/24_DEFEASANCE OR GREATER OF YIELD MAINTENANCE OR1%/92_0%/4 16,186,857 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 8.01 948,018 12/31/2005 8.02 160,276 12/31/2005 8.03 786,365 12/31/2005 8.04 844,268 12/31/2005 8.05 713,863 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 8.06 792,700 12/31/2005 8.07 746,000 12/31/2005 8.08 614,336 12/31/2005 8.09 737,496 12/31/2005 8.10 782,401 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 8.11 462,825 12/31/2005 8.12 N/A N/A 8.13 583,006 12/31/2005 8.14 N/A N/A 8.15 573,466 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 8.16 430,626 12/31/2005 8.17 633,929 12/31/2005 8.18 463,686 12/31/2005 8.19 610,336 12/31/2005 8.20 590,839 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 8.21 451,001 12/31/2005 8.22 745,438 12/31/2005 8.23 592,146 12/31/2005 8.24 471,289 12/31/2005 8.25 N/A N/A ------------------------------------------------------------------------------------------------------------------------------------ 8.26 393,890 12/31/2005 8.27 550,669 12/31/2005 8.28 N/A N/A 8.29 395,691 12/31/2005 8.30 627,946 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 8.31 N/A N/A 8.32 484,350 12/31/2005 8.33 N/A N/A 8.34 N/A N/A 8.35 N/A N/A ------------------------------------------------------------------------------------------------------------------------------------ 9 Lockout/0_> Yield Maintenance or 2%/26_Defeasance or Greater of Yield Maintenance or 1%/90_0%/4 8,247,997 12/31/2005 10 Lockout/24_Defeasance/92_0%/4 10,325,284 12/31/2005 11 Lockout/27_Defeasance/90_0%/3 N/A N/A 12 Lockout/30_Defeasance/50_0%/4 7,804,749 12/31/2005 13 Lockout/24_Defeasance/92_0%/4 6,420,403 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 14 Lockout/27_Defeasance/89_0%/4 -4,399,725 12/31/2005 15 Lockout/25_Defeasance/90_0%/5 N/A N/A 16 Lockout/25_Defeasance/91_0%/4 6,319,847 12/31/2005 17 Lockout/26_Defeasance/30_0%/4 10,114,026 12/31/2005 18 Lockout/25_Defeasance/85_0%/10 18,605,667 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 19 LOCKOUT/0_> YIELD MAINTENANCE OR 2%/26_DEFEASANCE OR GREATER OF YIELD MAINTENANCE OR 1%/90_0%/4 3,972,605 12/31/2005 19.01 3,335,420 12/31/2005 19.02 637,185 12/31/2005 20 LOCKOUT/24_DEFEASANCE/92_0%/4 N/A N/A 20.01 N/A N/A ------------------------------------------------------------------------------------------------------------------------------------ 20.02 N/A N/A 20.03 N/A N/A 20.04 N/A N/A 20.05 N/A N/A 20.06 N/A N/A ------------------------------------------------------------------------------------------------------------------------------------ 20.07 N/A N/A 20.08 N/A N/A 20.09 N/A N/A 20.10 N/A N/A 20.11 N/A N/A ------------------------------------------------------------------------------------------------------------------------------------ 21 Lockout/28_Defeasance/86_0%/5 5,619,457 12/31/2005 22 Lockout/28_Defeasance/89_0%/3 2,792,723 6/30/2005 23 Lockout/30_Defeasance/87_0%/3 4,801,007 12/31/2005 24 Lockout/25_Defeasance/91_0%/4 7,441,044 12/31/2005 25 Lockout/25_Defeasance/32_0%/3 N/A N/A ------------------------------------------------------------------------------------------------------------------------------------ 26 Lockout/26_Defeasance/90_0%/4 6,312,881 12/31/2005 27 Lockout/27_Defeasance/26_0%/7 5,661,124 12/31/2005 28 Lockout/27_ Defeasance or Greater of Yield Maintenance or 1%/14_0%/19 N/A N/A 29 Lockout/24_Defeasance/92_0%/4 3,800,469 12/31/2005 30 Lockout/24_Defeasance/92_0%/4 1,251,800 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 31 Lockout/26_Defeasance/30_0%/4 3,006,229 12/31/2005 32 Lockout/25_Defeasance/88_0%/7 4,148,495 12/31/2005 33 Lockout/26_Defeasance/90_0%/4 1,703,796 12/31/2005 34 Lockout/0_> Yield Maintenance or 2%/26_Defeasance or Greater of Yield Maintenance or 1%/30_0%/4 2,675,709 12/31/2005 35 Lockout/29_Defeasance/88_0%/3 3,373,396 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 36 LOCKOUT/29_DEFEASANCE/87_0%/4 2,246,336 12/31/2005 36.01 1,026,557 12/31/2005 36.02 1,219,779 12/31/2005 37 LOCKOUT/25_DEFEASANCE/31_0%/4 4,469,364 12/31/2005 37.01 1,419,215 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 37.02 105,732 12/31/2005 37.03 708,323 12/31/2005 37.04 1,009,763 12/31/2005 37.05 734,775 12/31/2005 37.06 491,556 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 38 Lockout/25_Defeasance/91_0%/4 3,611,750 12/31/2005 39 LOCKOUT/24_DEFEASANCE/33_0%/3 8,199,117 12/31/2005 39.01 1,076,070 12/31/2005 39.02 1,384,024 12/31/2005 39.03 323,783 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 39.04 1,892,707 12/31/2005 39.05 705,787 12/31/2005 39.06 832,562 12/31/2005 39.07 964,282 12/31/2005 39.08 196,216 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 39.09 16,847 12/31/2005 39.10 217,122 12/31/2005 39.11 589,717 12/31/2005 40 Lockout/11_> Yield Maintenance or 1%/104_0%/4 N/A N/A 41 Lockout/25_Defeasance/91_0%/4 3,174,757 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 42 LOCKOUT/26_DEFEASANCE/9_0%/25 2,757,299 12/31/2005 42.01 1,178,883 12/31/2005 42.02 1,052,705 12/31/2005 42.03 N/A N/A 42.04 372,062 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 42.05 153,649 12/31/2005 43 Lockout/0_> Yield Maintenance or 2%/26_Defeasance or Greater of Yield Maintenance or 1%/90_0%/4 1,948,879 12/31/2005 44 Lockout/24_> Yield Maintenance or 1%/92_0%/4 2,811,594 12/31/2005 45 Lockout/0_> Yield Maintenance or 1%/56_0%/4 4,109,731 12/31/2005 46 LOCKOUT/26_DEFEASANCE/90_0%/4 3,792,963 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 46.01 2,402,367 12/31/2005 46.02 1,390,596 12/31/2005 47 Lockout/27_Defeasance/89_0%/4 2,566,275 12/31/2005 48 Lockout/26_Defeasance/90_0%/4 3,192,831 12/31/2005 49 Lockout/25_Defeasance or Greater of Yield Maintenance or 1%/88_0%/7 2,013,998 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 50 Lockout/26_Defeasance/90_0%/4 3,393,076 12/31/2005 51 LOCKOUT/25_DEFEASANCE/91_0%/4 1,360,997 12/31/2005 51.01 502,019 12/31/2005 51.02 567,548 12/31/2005 51.03 124,572 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 51.04 N/A N/A 51.05 -16,745 12/31/2005 51.06 183,603 12/31/2005 52 Lockout/29_Defeasance/87_0%/4 N/A N/A 53 Lockout/25_Defeasance/32_0%/3 2,306,717 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 54 Lockout/26_Defeasance/90_0%/4 2,527,033 12/31/2005 55 Lockout/30_Defeasance/27_0%/3 651,269 12/31/2005 56 Lockout/27_Defeasance/89_0%/4 N/A N/A 57 Lockout/26_Defeasance/90_0%/4 2,226,019 12/31/2005 58 Lockout/26_Defeasance/90_0%/4 N/A N/A ------------------------------------------------------------------------------------------------------------------------------------ 59 Lockout/11_>Yield Maintenance or 1%/24_0%/25 1,693,192 12/31/2005 60 LOCKOUT/26_DEFEASANCE/90_0%/4 2,691,285 12/31/2005 60.01 993,072 12/31/2005 60.02 788,367 12/31/2005 60.03 648,870 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 60.04 260,976 12/31/2005 61 Lockout/28_Defeasance/88_0%/4 2,105,502 12/31/2005 62 Lockout/27_Defeasance/89_0%/4 1,779,147 12/31/2005 63 Lockout/28_Defeasance/88_0%/4 N/A N/A 64 Lockout/26_Defeasance/90_0%/4 -192,087 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 65 Lockout/27_Defeasance/89_0%/4 N/A N/A 66 Lockout/23_> Yield Maintenance or 1%/57_0%/4 1,903,257 12/31/2005 67 Lockout/23_> Yield Maintenance or 1%/93_0%/4 1,819,925 12/31/2005 68 Lockout/28_ Defeasance or Greater of Yield Maintenance or 1%/43_0%/13 1,560,443 12/31/2005 69 Lockout/28_Defeasance/88_0%/4 1,095,450 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 70 Lockout/26_Defeasance/90_0%/4 1,549,587 12/31/2005 71 Lockout/26_Defeasance/90_0%/4 N/A N/A 72 Lockout/29_Defeasance/30_0%/7 N/A N/A 73 Lockout/25_Defeasance/55_0%/4 1,199,927 12/31/2005 74 Lockout/29_Defeasance/87_0%/4 N/A N/A ------------------------------------------------------------------------------------------------------------------------------------ 75 Lockout/25_Defeasance/91_0%/4 1,538,067 12/31/2005 76 Lockout/25_Defeasance/91_0%/4 2,208,075 12/31/2005 77 Lockout/30_Defeasance/87_0%/3 51,228 12/31/2005 78 Lockout/29_Defeasance/87_0%/4 1,245,153 12/31/2005 79 Lockout/27_Defeasance/53_0%/4 N/A N/A ------------------------------------------------------------------------------------------------------------------------------------ 80 Lockout/27_Defeasance/89_0%/4 N/A N/A 81 Lockout/29_Defeasance/91_0%/1 1,938,420 12/31/2005 82 Lockout/25_Defeasance/91_0%/4 931,164 12/31/2005 83 Lockout/26_Defeasance/90_0%/4 1,196,200 12/31/2005 84 LOCKOUT/27_DEFEASANCE/89_0%/4 144,050 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 84.01 194,893 12/31/2005 84.02 -28,537 12/31/2005 84.03 N/A N/A 84.04 -22,306 12/31/2005 85 Lockout/26_Defeasance/90_0%/4 N/A N/A ------------------------------------------------------------------------------------------------------------------------------------ 86 Lockout/29_Defeasance/87_0%/4 1,044,784 12/31/2005 87 Lockout/26_Defeasance/9_0%/25 928,772 12/31/2005 88 Lockout/26_Defeasance/90_0%/4 N/A N/A 89 LOCKOUT/27_DEFEASANCE/90_0%/3 965,614 12/31/2005 89.01 3,150 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 89.02 112,880 12/31/2005 89.03 32,354 12/31/2005 89.04 57,616 12/31/2005 89.05 47,369 12/31/2005 89.06 38,579 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 89.07 42,890 12/31/2005 89.08 44,610 12/31/2005 89.09 48,090 12/31/2005 89.10 37,324 12/31/2005 89.11 12,051 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 89.12 N/A N/A 89.13 21,430 12/31/2005 89.14 N/A N/A 89.15 32,192 12/31/2005 89.16 31,156 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 89.17 16,182 12/31/2005 89.18 19,406 12/31/2005 89.19 17,851 12/31/2005 89.20 N/A N/A 89.21 29,495 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 89.22 15,762 12/31/2005 89.23 11,378 12/31/2005 89.24 23,725 12/31/2005 89.25 21,158 12/31/2005 89.26 18,802 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 89.27 N/A N/A 89.28 23,097 12/31/2005 89.29 19,647 12/31/2005 89.30 N/A N/A 89.31 14,687 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 89.32 12,898 12/31/2005 89.33 N/A N/A 89.34 N/A N/A 89.35 17,751 12/31/2005 89.36 18,864 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 89.37 16,555 12/31/2005 89.38 N/A N/A 89.39 3,267 12/31/2005 89.40 18,904 12/31/2005 89.41 14,137 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 89.42 N/A N/A 89.43 13,694 12/31/2005 89.44 15,437 12/31/2005 89.45 15,021 12/31/2005 89.46 11,895 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 89.47 14,310 12/31/2005 89.48 N/A N/A 90 Lockout/29_Defeasance/87_0%/4 1,107,490 12/31/2005 91 Lockout/26_Defeasance/90_0%/4 N/A N/A 92 Lockout/26_Defeasance/90_0%/4 844,431 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 93 Lockout/26_Defeasance/90_0%/4 1,128,120 12/31/2005 94 Lockout/27_Defeasance/89_0%/4 1,597,872 12/31/2005 95 Lockout/25_Defeasance/31_0%/4 843,028 12/31/2005 96 LOCKOUT/25_DEFEASANCE/91_0%/4 722,404 12/31/2005 96.01 N/A N/A ------------------------------------------------------------------------------------------------------------------------------------ 96.02 333,858 12/31/2005 96.03 243,863 12/31/2005 96.04 144,683 12/31/2005 97 Lockout/25_Defeasance/91_0%/4 810,532 12/31/2005 98 Lockout/26_>Yield Maintenance or 1%/90_0%/4 1,047,279 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 99 Lockout/26_Defeasance/102_0%/4 1,537,846 12/31/2005 100 Lockout/25_Defeasance/91_0%/4 303,966 12/31/2005 101 Lockout/28_Defeasance/88_0%/4 1,271,269 12/31/2005 102 Lockout/27_Defeasance/90_0%/3 N/A N/A 103 Lockout/27_Defeasance/89_0%/4 187,198 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 104 LOCKOUT/26_DEFEASANCE/90_0%/4 904,717 12/31/2005 104.01 711,413 12/31/2005 104.02 193,304 12/31/2005 105 Lockout/25_Defeasance/92_0%/3 1,106,360 12/31/2005 106 Lockout/28_Defeasance/88_0%/4 796,425 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 107 Lockout/25_Defeasance/32_0%/3 807,345 12/31/2005 108 Lockout/27_Defeasance/89_0%/4 N/A N/A 109 Lockout/26_Defeasance/90_0%/4 1,122,759 12/31/2005 110 Lockout/25_Defeasance/91_0%/4 696,871 12/31/2005 111 Lockout/23_>Yield Maintenance or 1%/93_0%/4 920,196 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 112 Lockout/23_>Yield Maintenance or 1%/93_0%/4 399,727 12/31/2005 113 Lockout/25_Defeasance/91_0%/4 962,819 12/31/2005 114 Lockout/25_Defeasance/92_0%/3 802,270 12/31/2005 115 Lockout/26_Defeasance/31_0%/3 N/A N/A 116 Lockout/23_> Yield Maintenance or 1%/57_0%/4 1,079,783 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 117 Lockout/26_Defeasance/90_0%/4 1,292,092 12/31/2005 118 Lockout/28_Defeasance or Greater of Yield Maintenance or 1%/88_0%/4 816,861 12/31/2005 119 Lockout/25_Defeasance/92_0%/3 806,681 12/31/2005 120 Lockout/25_Defeasance/91_0%/4 N/A N/A 121 Lockout/27_Defeasance/53_0%/4 541,933 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 122 Lockout/26_Defeasance or Greater of Yield Maintenance or 1%/90_0%/4 747,433 12/31/2005 123 Lockout/27_Defeasance/29_0%/4 559,704 12/31/2005 124 Lockout/32_Defeasance/21_0%/7 1,021,250 12/31/2005 125 Lockout/29_Defeasance/48_0%/7 847,885 12/31/2005 126 Lockout/25_Defeasance/91_0%/4 389,908 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 127 Lockout/26_Defeasance/54_0%/4 104,728 12/31/2005 128 Lockout/26_Defeasance/90_0%/4 492,282 12/31/2005 129 LOCKOUT/26_DEFEASANCE/90_0%/4 1,354,508 12/31/2005 129.01 719,437 12/31/2005 129.02 635,071 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 130 Lockout/27_Defeasance/89_0%/4 N/A N/A 131 Lockout/26_Defeasance/90_0%/4 750,534 12/31/2005 132 Lockout/25_Defeasance/91_0%/4 N/A N/A 133 Lockout/27_Defeasance/89_0%/4 558,581 12/31/2005 134 Lockout/28_Defeasance/88_0%/4 1,269,675 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 135 Lockout/28_Defeasance/88_0%/4 N/A N/A 136 Lockout/28_Defeasance/88_0%/4 640,629 12/31/2005 137 Lockout/26_Defeasance/90_0%/4 726,434 12/31/2005 138 Lockout/29_Defeasance/27_0%/4 N/A N/A 139 Lockout/41_Defeasance/75_0%/4 655,557 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 140 Lockout/27_Defeasance/89_0%/4 336,904 12/31/2005 141 Lockout/27_Defeasance/89_0%/4 539,797 12/31/2005 142 Lockout/27_Defeasance/89_0%/4 N/A N/A 143 Lockout/27_Defeasance/89_0%/4 N/A N/A 144 Lockout/5_> Yield Maintenance or 1%/22_ Defeasance or Greater of Yield Maintenance or 1%/29_0%/4 774,960 5/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 145 Lockout/27_Defeasance/89_0%/4 490,522 12/31/2005 146 Lockout/27_Defeasance/89_0%/4 N/A N/A 147 Lockout/29_Defeasance/88_0%/3 N/A N/A 148 Lockout/27_Defeasance/87_0%/4 101,916 12/31/2005 149 Lockout/27_Defeasance/89_0%/4 647,433 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 150 Lockout/26_Defeasance/87_0%/7 503,069 12/31/2005 151 Lockout/28_Defeasance/88_0%/4 413,818 12/31/2005 152 Lockout/27_Defeasance or Greater of Yield Maintenance or 1%/89_0%/4 1,081,806 12/31/2005 153 Lockout/27_Defeasance/29_0%/4 304,998 12/31/2005 154 Lockout/27_Defeasance/29_0%/4 265,357 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 155 Lockout/25_Defeasance/91_0%/4 N/A N/A 156 Lockout/28_Defeasance/88_0%/4 N/A N/A 157 LOCKOUT/28_DEFEASANCE/88_0%/4 N/A N/A 157.01 N/A N/A 157.02 N/A N/A ------------------------------------------------------------------------------------------------------------------------------------ 157.03 N/A N/A 158 Lockout/29_Defeasance/86_0%/5 371,127 12/31/2005 159 Lockout/28_Defeasance/28_0%/4 273,049 12/31/2005 160 Lockout/28_Defeasance or Greater of Yield Maintenance or 1%/88_0%/4 218,097 12/31/2005 161 Lockout/26_Defeasance/90_0%/4 N/A N/A ------------------------------------------------------------------------------------------------------------------------------------ 162 Lockout/27_Defeasance/90_0%/3 443,265 12/31/2005 163 Lockout/25_Defeasance/91_0%/4 142,603 12/31/2005 164 Lockout/25_Defeasance/91_0%/4 N/A N/A 165 Lockout/25_Defeasance/91_0%/4 496,032 12/31/2005 166 Lockout/27_Defeasance/89_0%/4 344,328 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 167 Lockout/28_Defeasance/88_0%/4 652,517 12/31/2005 168 Lockout/26_Defeasance/90_0%/4 N/A N/A 169 Lockout/25_Defeasance/91_0%/4 495,509 12/31/2005 170 Lockout/28_Defeasance/88_0%/4 395,543 12/31/2005 171 Lockout/25_Defeasance/91_0%/4 210,628 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 172 Lockout/28_Defeasance/88_0%/4 N/A N/A 173 Lockout/27_Defeasance/90_0%/3 N/A N/A 174 Lockout/27_Defeasance/89_0%/4 253,617 12/31/2005 175 Lockout/25_Defeasance/91_0%/4 N/A N/A 176 Lockout/25_Defeasance/91_0%/4 400,576 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 177 Lockout/29_Defeasance/91_0%/1 487,957 12/31/2005 178 Lockout/11_> Yield Maintenance or 1%/45_0%/4 275,010 12/31/2005 179 Lockout/28_Defeasance/88_0%/4 N/A N/A 180 Lockout/25_Defeasance/91_0%/4 N/A N/A 181 Lockout/27_Defeasance/89_0%/4 N/A N/A ------------------------------------------------------------------------------------------------------------------------------------ 182 Lockout/26_Defeasance/91_0%/3 305,770 12/31/2005 183 Lockout/26_Defeasance/90_0%/4 N/A N/A 184 Lockout/26_Defeasance/90_0%/4 391,706 12/31/2005 185 Lockout/27_Defeasance/89_0%/4 294,869 12/31/2005 186 Lockout/26_Defeasance/90_0%/4 N/A N/A ------------------------------------------------------------------------------------------------------------------------------------ 187 Lockout/27_Defeasance/89_0%/4 157,633 12/31/2005 188 Lockout/25_>Yield Maintenance or 1%/91_0%/4 234,916 12/31/2005 189 Lockout/25_Defeasance/91_0%/4 N/A N/A 190 Lockout/27_Defeasance or Greater of Yield Maintenance or 1%/89_0%/4 N/A N/A 191 Lockout/27_Defeasance or Greater of Yield Maintenance or 1%/89_0%/4 N/A N/A ------------------------------------------------------------------------------------------------------------------------------------ 192 Lockout/27_Defeasance/89_0%/4 244,205 12/31/2005 193 Lockout/26_Defeasance/90_0%/4 233,050 12/31/2005 194 Lockout/59_> Yield Maintenance or 1%/57_0%/4 N/A N/A 195 Lockout/27_Defeasance/89_0%/4 369,886 12/31/2005 196 Lockout/27_Defeasance/89_0%/4 206,012 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 197 Lockout/24_Defeasance/92_0%/4 205,842 12/31/2005 198 Lockout/26_Defeasance/91_0%/3 160,282 12/31/2005 199 Lockout/59_> Yield Maintenance or 1%/57_0%/4 348,016 12/31/2005 200 Lockout/28_Defeasance/88_0%/4 N/A N/A 201 Lockout/25_Defeasance/91_0%/4 -26,069 12/31/2005 ------------------------------------------------------------------------------------------------------------------------------------ 202 Lockout/26_Defeasance/90_0%/4 N/A N/A 203 Lockout/59_> Yield Maintenance or 1%/57_0%/4 174,447 12/31/2005 204 Lockout/28_Defeasance/88_0%/4 N/A N/A 205 Lockout/23_> Yield Maintenance or 1%/33_0%/4 70,836 12/31/2005 206 Lockout/59_> Yield Maintenance or 1%/57_0%/4 N/A N/A SECOND SECOND UNDERWRITTEN CONTROL MOST RECENT MOST RECENT MOST RECENT MOST RECENT UNDERWRITTEN UNDERWRITTEN NET OPERATING NUMBER NOI ($) NOI DATE NOI (IF PAST 2006) ($)NOI DATE (IF PAST 2006) EGI ($) EXPENSES ($) INCOME ($) ----------------------------------------------------------------------------------------------------------------------------------- 1 N/A N/A 47,010,063 10/31/2006 92,563,972 33,954,677 58,609,295 1.01 N/A N/A 6,927,782 10/31/2006 16,589,896 6,300,736 10,289,160 1.02 N/A N/A 6,156,635 10/31/2006 10,824,824 3,944,968 6,879,856 1.03 N/A N/A 6,537,145 10/31/2006 11,207,985 3,159,906 8,048,080 1.04 N/A N/A 3,990,562 10/31/2006 9,377,396 4,686,344 4,691,053 ----------------------------------------------------------------------------------------------------------------------------------- 1.05 N/A N/A 3,477,356 10/31/2006 5,702,281 1,481,811 4,220,470 1.06 N/A N/A 3,223,744 10/31/2006 7,370,183 3,094,099 4,276,085 1.07 N/A N/A 4,038,228 10/31/2006 5,615,986 1,926,080 3,689,906 1.08 N/A N/A 2,601,959 10/31/2006 4,909,626 1,898,511 3,011,115 1.09 N/A N/A 2,195,322 10/31/2006 3,576,529 1,301,797 2,274,732 ----------------------------------------------------------------------------------------------------------------------------------- 1.10 N/A N/A 2,046,222 10/31/2006 3,193,205 1,185,933 2,007,272 1.11 N/A N/A 1,656,006 10/31/2006 3,159,606 1,168,778 1,990,828 1.12 N/A N/A NAP NAP 3,315,431 638,681 2,676,750 1.13 N/A N/A 1,237,783 10/31/2006 2,220,571 942,535 1,278,036 1.14 N/A N/A 1,097,694 10/31/2006 2,176,684 900,430 1,276,254 ----------------------------------------------------------------------------------------------------------------------------------- 1.15 N/A N/A 1,074,824 10/31/2006 1,952,422 818,614 1,133,808 1.16 N/A N/A 748,803 10/31/2006 1,371,347 505,456 865,890 2 30,041,476 12/31/2006 NAP NAP 58,348,192 19,383,918 38,964,274 3 25,308,041 12/31/2006 NAP NAP 53,847,418 21,110,399 32,737,019 4 17,758,050 11/30/2006 NAP NAP 32,445,470 9,642,131 22,803,339 ----------------------------------------------------------------------------------------------------------------------------------- 4.01 2,985,426 11/30/2006 NAP NAP 6,098,427 1,881,316 4,217,111 4.02 2,935,877 11/30/2006 NAP NAP 4,984,505 1,156,280 3,828,225 4.03 3,840,355 11/30/2006 NAP NAP 6,304,718 2,440,359 3,864,359 4.04 1,821,515 11/30/2006 NAP NAP 5,083,454 1,102,105 3,981,349 4.05 3,123,067 11/30/2006 NAP NAP 4,503,774 990,493 3,513,281 ----------------------------------------------------------------------------------------------------------------------------------- 4.06 3,051,810 11/30/2006 NAP NAP 5,470,592 2,071,578 3,399,014 5 22,333,362 12/31/2006 NAP NAP 28,123,611 6,962,452 21,161,159 6 N/A N/A 9,000,000 5/31/2007 14,260,048 0 14,260,048 7 12,220,603 11/30/2006 NAP NAP 36,370,754 22,187,025 14,183,729 8 20,813,937 12/31/2006 NAP NAP 42,853,482 21,343,474 21,510,008 ----------------------------------------------------------------------------------------------------------------------------------- 8.01 1,095,971 12/31/2006 NAP NAP 1,841,454 718,899 1,122,555 8.02 1,003,049 12/31/2006 NAP NAP 1,666,098 741,649 924,449 8.03 960,061 12/31/2006 NAP NAP 1,614,300 714,023 900,277 8.04 936,389 12/31/2006 NAP NAP 1,467,902 570,918 896,984 8.05 916,372 12/31/2006 NAP NAP 1,434,075 550,102 883,973 ----------------------------------------------------------------------------------------------------------------------------------- 8.06 839,196 12/31/2006 NAP NAP 1,475,073 664,997 810,076 8.07 875,515 12/31/2006 NAP NAP 1,396,667 630,383 766,284 8.08 706,063 12/31/2006 NAP NAP 1,292,147 630,652 661,495 8.09 814,789 12/31/2006 NAP NAP 1,392,744 606,434 786,310 8.10 783,430 12/31/2006 NAP NAP 1,332,045 583,743 748,302 ----------------------------------------------------------------------------------------------------------------------------------- 8.11 688,871 12/31/2006 NAP NAP 1,200,319 571,336 628,983 8.12 399,683 12/31/2006 NAP NAP 1,127,543 545,967 581,576 8.13 726,455 12/31/2006 NAP NAP 1,275,653 585,939 689,714 8.14 563,631 12/31/2006 NAP NAP 1,268,907 635,097 633,810 8.15 515,050 12/31/2006 NAP NAP 1,245,187 712,280 532,907 ----------------------------------------------------------------------------------------------------------------------------------- 8.16 674,404 12/31/2006 NAP NAP 1,260,782 638,063 622,719 8.17 373,497 12/31/2006 NAP NAP 1,070,399 625,554 444,845 8.18 533,161 12/31/2006 NAP NAP 1,165,239 682,491 482,748 8.19 658,182 12/31/2006 NAP NAP 1,207,239 566,415 640,824 8.20 622,710 12/31/2006 NAP NAP 1,069,812 477,433 592,379 ----------------------------------------------------------------------------------------------------------------------------------- 8.21 673,395 12/31/2006 NAP NAP 1,319,749 689,738 630,011 8.22 521,023 12/31/2006 NAP NAP 1,302,377 769,226 533,151 8.23 561,113 12/31/2006 NAP NAP 982,786 500,242 482,544 8.24 578,373 12/31/2006 NAP NAP 1,071,937 531,148 540,789 8.25 291,670 12/31/2006 NAP NAP 1,038,823 582,039 456,784 ----------------------------------------------------------------------------------------------------------------------------------- 8.26 618,926 12/31/2006 NAP NAP 1,246,371 678,805 567,566 8.27 488,944 12/31/2006 NAP NAP 1,321,858 787,689 534,169 8.28 255,445 12/31/2006 NAP NAP 959,002 467,046 491,956 8.29 522,116 12/31/2006 NAP NAP 1,273,641 748,343 525,298 8.30 516,484 12/31/2006 NAP NAP 994,883 536,178 458,705 ----------------------------------------------------------------------------------------------------------------------------------- 8.31 167,834 12/31/2006 NAP NAP 1,133,786 621,252 512,534 8.32 495,549 12/31/2006 NAP NAP 996,975 523,849 473,126 8.33 202,198 12/31/2006 NAP NAP 996,279 606,711 389,568 8.34 122,189 12/31/2006 NAP NAP 697,339 397,066 300,273 8.35 112,199 12/31/2006 NAP NAP 714,091 451,767 262,324 ----------------------------------------------------------------------------------------------------------------------------------- 9 7,912,881 12/31/2006 NAP NAP 19,849,897 7,479,064 12,370,833 10 10,661,282 12/31/2006 NAP NAP 26,143,725 13,060,094 13,083,631 11 3,623,211 11/30/2006 NAP NAP 16,016,911 4,537,042 11,479,869 12 8,228,904 9/30/2006 NAP NAP 19,280,505 7,919,133 11,361,372 13 6,693,540 12/31/2006 NAP NAP 14,448,118 4,913,933 9,534,185 ----------------------------------------------------------------------------------------------------------------------------------- 14 -4,293,873 12/31/2006 NAP NAP 16,037,360 5,347,167 10,690,193 15 7,144,106 12/31/2006 NAP NAP 18,749,310 9,574,146 9,175,164 16 6,882,265 12/31/2006 NAP NAP 10,219,654 2,014,650 8,205,004 17 10,114,026 12/31/2006 NAP NAP 10,841,785 108,418 10,733,367 18 19,920,541 12/31/2006 NAP NAP 38,023,335 16,639,318 21,384,017 ----------------------------------------------------------------------------------------------------------------------------------- 19 4,647,511 12/31/2006 NAP NAP 10,754,772 3,615,272 7,139,500 19.01 3,962,675 12/31/2006 NAP NAP 9,889,235 3,379,126 6,510,109 19.02 684,836 12/31/2006 NAP NAP 865,537 236,146 629,391 20 N/A N/A NAP NAP 9,293,561 231,874 9,061,687 20.01 N/A N/A NAP NAP 1,465,336 36,560 1,428,776 ----------------------------------------------------------------------------------------------------------------------------------- 20.02 N/A N/A NAP NAP 1,364,023 34,032 1,329,991 20.03 N/A N/A NAP NAP 1,266,269 31,593 1,234,676 20.04 N/A N/A NAP NAP 913,175 22,784 890,391 20.05 N/A N/A NAP NAP 888,086 22,158 865,928 20.06 N/A N/A NAP NAP 840,398 20,968 819,430 ----------------------------------------------------------------------------------------------------------------------------------- 20.07 N/A N/A NAP NAP 822,745 20,527 802,218 20.08 N/A N/A NAP NAP 696,860 17,387 679,473 20.09 N/A N/A NAP NAP 612,973 15,294 597,679 20.10 N/A N/A NAP NAP 276,869 6,908 269,961 20.11 N/A N/A NAP NAP 146,827 3,663 143,164 ----------------------------------------------------------------------------------------------------------------------------------- 21 9,194,499 12/31/2006 NAP NAP 19,532,581 11,909,085 7,623,496 22 4,602,255 12/31/2006 NAP NAP 11,406,810 4,840,629 6,566,181 23 5,836,998 9/30/2006 NAP NAP 14,879,265 5,174,261 9,705,004 24 8,738,906 12/31/2006 9,133,484 3/31/2007 30,193,582 20,966,508 9,227,074 25 777,520 12/31/2006 NAP NAP 8,438,032 3,397,637 5,040,395 ----------------------------------------------------------------------------------------------------------------------------------- 26 6,647,171 12/31/2006 NAP NAP 13,403,348 6,804,793 6,598,555 27 5,847,398 12/31/2006 4,869,997 3/31/2007 13,794,497 6,605,055 7,189,442 28 3,412,735 12/31/2006 NAP NAP 11,389,548 6,441,503 4,948,045 29 3,732,047 12/31/2006 3,550,035 3/31/2007 7,292,477 3,924,397 3,368,080 30 1,257,591 12/31/2006 1,279,126 3/31/2007 3,985,733 2,446,642 1,539,091 ----------------------------------------------------------------------------------------------------------------------------------- 31 3,361,489 12/31/2006 NAP NAP 6,556,551 2,415,286 4,141,265 32 4,265,527 12/31/2006 NAP NAP 5,286,833 1,100,146 4,186,687 33 3,962,271 12/31/2006 NAP NAP 8,749,116 3,933,658 4,815,458 34 3,028,735 12/31/2006 NAP NAP 7,211,657 2,339,704 4,871,953 35 3,544,993 12/31/2006 NAP NAP 5,508,299 2,171,383 3,336,916 ----------------------------------------------------------------------------------------------------------------------------------- 36 1,891,502 12/31/2006 NAP NAP 5,183,476 2,703,992 2,479,484 36.01 1,054,465 12/31/2006 NAP NAP 3,405,077 1,884,230 1,520,847 36.02 837,037 12/31/2006 NAP NAP 1,778,399 819,762 958,637 37 5,356,439 12/31/2006 5,055,477 2/28/2007 13,625,610 7,793,177 5,832,433 37.01 1,498,129 12/31/2006 1,414,604 2/28/2007 2,906,224 1,514,446 1,391,778 ----------------------------------------------------------------------------------------------------------------------------------- 37.02 657,187 12/31/2006 524,990 2/28/2007 3,121,187 1,915,429 1,205,758 37.03 972,481 12/31/2006 974,266 2/28/2007 2,279,717 1,322,569 957,148 37.04 857,075 12/31/2006 752,156 2/28/2007 2,288,627 1,336,258 952,369 37.05 848,201 12/31/2006 879,655 2/28/2007 1,627,264 794,263 833,001 37.06 523,366 12/31/2006 509,806 2/28/2007 1,402,591 910,212 492,379 ----------------------------------------------------------------------------------------------------------------------------------- 38 3,796,935 12/31/2006 NAP NAP 9,606,125 4,972,381 4,633,745 39 5,597,668 12/31/2006 NAP NAP 45,788,725 39,099,496 6,689,229 39.01 1,083,654 12/31/2006 NAP NAP 5,169,042 4,039,264 1,129,778 39.02 885,279 12/31/2006 NAP NAP 2,526,320 1,658,024 868,296 39.03 754,495 12/31/2006 NAP NAP 7,737,782 6,823,544 914,238 ----------------------------------------------------------------------------------------------------------------------------------- 39.04 634,295 12/31/2006 NAP NAP 3,701,733 3,058,257 643,476 39.05 658,134 12/31/2006 NAP NAP 5,270,955 4,540,745 730,210 39.06 611,446 12/31/2006 NAP NAP 4,024,255 3,479,625 544,630 39.07 469,366 12/31/2006 NAP NAP 6,309,436 5,560,924 748,512 39.08 239,617 12/31/2006 NAP NAP 1,929,691 1,646,731 282,960 ----------------------------------------------------------------------------------------------------------------------------------- 39.09 270,798 12/31/2006 NAP NAP 3,180,600 2,829,744 350,856 39.10 -138,287 12/31/2006 NAP NAP 2,569,145 2,345,430 223,715 39.11 128,871 12/31/2006 NAP NAP 3,369,766 3,117,208 252,558 40 3,279,462 12/31/2006 NAP NAP 7,941,437 3,977,346 3,964,091 41 3,564,242 12/31/2006 NAP NAP 5,153,232 1,570,922 3,582,310 ----------------------------------------------------------------------------------------------------------------------------------- 42 892,476 12/31/2006 NAP NAP 4,433,985 1,069,555 3,364,430 42.01 -325,193 12/31/2006 NAP NAP 2,056,903 449,523 1,607,380 42.02 661,434 12/31/2006 NAP NAP 1,265,291 414,451 850,840 42.03 N/A N/A NAP NAP 452,530 79,154 373,376 42.04 390,124 12/31/2006 NAP NAP 461,381 87,167 374,214 ----------------------------------------------------------------------------------------------------------------------------------- 42.05 166,111 12/31/2006 NAP NAP 197,880 39,260 158,620 43 1,815,950 12/31/2006 NAP NAP 5,154,060 1,684,266 3,469,794 44 2,981,483 12/31/2006 NAP NAP 6,488,517 2,274,378 4,214,139 45 4,470,944 12/31/2006 3,815,777 3/31/2007 20,184,905 15,111,193 5,073,712 46 4,100,849 12/31/2006 NAP NAP 6,017,365 2,251,619 3,765,746 ----------------------------------------------------------------------------------------------------------------------------------- 46.01 2,703,500 12/31/2006 NAP NAP 4,006,580 1,659,111 2,347,469 46.02 1,397,349 12/31/2006 NAP NAP 2,010,785 592,508 1,418,277 47 3,098,814 12/31/2006 NAP NAP 13,029,203 9,325,855 3,703,348 48 3,616,335 12/31/2006 3,590,789 2/28/2007 11,052,327 7,415,036 3,637,291 49 4,346,517 12/31/2006 4,765,661 3/31/2007 25,624,913 20,384,942 5,239,970 ----------------------------------------------------------------------------------------------------------------------------------- 50 N/A N/A 4,923,337 12/31/2006 7,994,916 3,606,329 4,388,586 51 2,359,231 12/31/2006 NAP NAP 3,916,089 1,032,016 2,884,073 51.01 771,610 12/31/2006 NAP NAP 1,092,599 292,124 800,475 51.02 643,239 12/31/2006 NAP NAP 985,630 261,795 723,835 51.03 157,983 12/31/2006 NAP NAP 531,633 148,748 382,885 ----------------------------------------------------------------------------------------------------------------------------------- 51.04 218,225 12/31/2006 NAP NAP 473,794 111,644 362,150 51.05 326,926 12/31/2006 NAP NAP 495,026 148,146 346,880 51.06 241,248 12/31/2006 NAP NAP 337,407 69,559 267,848 52 N/A N/A NAP NAP 2,972,285 489,510 2,482,775 53 2,100,494 12/31/2006 NAP NAP 3,221,297 815,160 2,406,137 ----------------------------------------------------------------------------------------------------------------------------------- 54 2,575,831 12/31/2006 NAP NAP 5,351,043 2,556,665 2,794,378 55 1,522,618 10/31/2006 NAP NAP 5,133,086 2,569,883 2,563,203 56 N/A N/A NAP NAP 2,199,137 54,978 2,144,159 57 2,590,901 12/31/2006 NAP NAP 8,059,985 5,325,835 2,734,150 58 N/A N/A NAP NAP 3,724,856 1,491,938 2,232,918 ----------------------------------------------------------------------------------------------------------------------------------- 59 1,706,767 12/31/2006 NAP NAP 3,203,479 1,139,013 2,064,466 60 2,797,735 12/31/2006 NAP NAP 4,211,378 1,794,014 2,417,364 60.01 1,108,895 12/31/2006 NAP NAP 1,686,627 686,851 999,776 60.02 868,597 12/31/2006 NAP NAP 1,260,556 572,158 688,398 60.03 612,998 12/31/2006 NAP NAP 820,568 335,870 484,698 ----------------------------------------------------------------------------------------------------------------------------------- 60.04 207,245 12/31/2006 NAP NAP 443,627 199,135 244,492 61 2,375,865 12/31/2006 NAP NAP 4,157,626 1,734,671 2,422,955 62 1,792,911 12/31/2006 NAP NAP 2,635,273 721,707 1,913,566 63 N/A N/A NAP NAP 2,962,182 689,784 2,272,398 64 418,828 12/31/2006 NAP NAP 2,694,477 834,476 1,860,001 ----------------------------------------------------------------------------------------------------------------------------------- 65 N/A N/A NAP NAP 2,553,403 577,643 1,975,759 66 1,818,640 12/31/2006 NAP NAP 2,629,099 600,437 2,028,662 67 1,490,257 12/31/2006 NAP NAP 2,728,143 998,843 1,729,300 68 2,383,074 6/30/2006 NAP NAP 2,664,895 983,765 1,681,130 69 1,214,808 11/30/2006 NAP NAP 2,021,929 442,566 1,579,363 ----------------------------------------------------------------------------------------------------------------------------------- 70 1,574,788 12/31/2006 NAP NAP 2,106,534 536,772 1,569,762 71 N/A N/A NAP NAP 1,607,450 56,881 1,550,569 72 1,177,436 12/31/2006 NAP NAP 2,865,861 1,182,971 1,682,890 73 1,230,625 12/31/2006 1,954,837 4/30/2007 2,686,828 1,011,403 1,675,424 74 1,015,135 10/31/2006 1,086,530 2/28/2007 2,839,455 1,106,345 1,733,110 ----------------------------------------------------------------------------------------------------------------------------------- 75 1,424,738 12/31/2006 NAP NAP 2,465,121 967,238 1,497,883 76 2,097,792 12/31/2006 2,000,077 2/28/2007 4,919,122 2,712,824 2,206,298 77 807,532 10/31/2006 NAP NAP 2,572,036 1,098,169 1,473,867 78 1,226,777 12/31/2006 1,242,162 2/28/2007 2,151,603 866,706 1,284,897 79 N/A N/A NAP NAP 2,247,936 638,884 1,609,052 ----------------------------------------------------------------------------------------------------------------------------------- 80 988,401 12/31/2006 NAP NAP 1,782,600 494,874 1,287,726 81 1,760,025 12/31/2006 NAP NAP 2,489,524 645,965 1,843,559 82 1,238,677 12/31/2006 1,370,013 3/31/2007 2,132,255 744,371 1,387,884 83 1,424,635 12/31/2006 NAP NAP 2,730,999 1,309,353 1,421,646 84 712,750 12/31/2006 NAP NAP 2,323,168 908,191 1,414,977 ----------------------------------------------------------------------------------------------------------------------------------- 84.01 322,666 12/31/2006 NAP NAP 687,155 225,497 461,658 84.02 232,488 12/31/2006 NAP NAP 650,050 238,659 411,391 84.03 -5,712 12/31/2006 NAP NAP 464,090 210,847 253,243 84.04 163,308 12/31/2006 NAP NAP 521,873 233,188 288,685 85 1,183,119 12/31/2006 1,409,343 3/31/2007 6,578,632 4,737,825 1,840,806 ----------------------------------------------------------------------------------------------------------------------------------- 86 1,157,340 11/30/2006 NAP NAP 2,101,923 910,161 1,191,762 87 1,053,861 12/31/2006 NAP NAP 1,607,710 381,929 1,225,781 88 592,291 12/31/2006 710,532 2/28/2007 1,549,300 464,980 1,084,320 89 1,285,093 12/31/2006 NAP NAP 1,970,661 500,743 1,469,918 89.01 79,594 12/31/2006 NAP NAP 125,856 35,458 90,398 ----------------------------------------------------------------------------------------------------------------------------------- 89.02 136,900 12/31/2006 NAP NAP 227,202 102,240 124,962 89.03 52,207 12/31/2006 NAP NAP 91,485 35,760 55,725 89.04 50,403 12/31/2006 NAP NAP 68,400 12,852 55,548 89.05 46,693 12/31/2006 NAP NAP 61,560 13,217 48,343 89.06 41,856 12/31/2006 NAP NAP 57,513 12,871 44,642 ----------------------------------------------------------------------------------------------------------------------------------- 89.07 48,621 12/31/2006 NAP NAP 66,348 17,311 49,037 89.08 41,286 12/31/2006 NAP NAP 59,394 12,676 46,718 89.09 40,246 12/31/2006 NAP NAP 63,213 16,374 46,839 89.10 29,325 12/31/2006 NAP NAP 51,984 11,089 40,895 89.11 36,617 12/31/2006 NAP NAP 50,274 11,973 38,301 ----------------------------------------------------------------------------------------------------------------------------------- 89.12 32,058 12/31/2006 NAP NAP 51,984 10,925 41,059 89.13 38,576 12/31/2006 NAP NAP 52,839 11,962 40,877 89.14 18,524 12/31/2006 NAP NAP 44,688 10,040 34,648 89.15 34,126 12/31/2006 NAP NAP 40,527 8,893 31,634 89.16 33,032 12/31/2006 NAP NAP 40,527 8,958 31,569 ----------------------------------------------------------------------------------------------------------------------------------- 89.17 9,931 12/31/2006 NAP NAP 32,148 7,721 24,427 89.18 22,961 12/31/2006 NAP NAP 36,252 6,942 29,310 89.19 29,520 12/31/2006 NAP NAP 35,226 6,737 28,489 89.20 N/A N/A NAP NAP 39,900 8,309 31,591 89.21 30,091 12/31/2006 NAP NAP 33,174 6,461 26,713 ----------------------------------------------------------------------------------------------------------------------------------- 89.22 25,614 12/31/2006 NAP NAP 35,568 9,870 25,698 89.23 23,872 12/31/2006 NAP NAP 28,215 6,074 22,141 89.24 25,800 12/31/2006 NAP NAP 28,500 6,046 22,454 89.25 20,709 12/31/2006 NAP NAP 28,500 6,036 22,464 89.26 16,771 12/31/2006 NAP NAP 28,500 5,779 22,721 ----------------------------------------------------------------------------------------------------------------------------------- 89.27 18,192 12/31/2006 NAP NAP 31,350 5,667 25,683 89.28 21,287 12/31/2006 NAP NAP 28,500 5,613 22,887 89.29 28,567 12/31/2006 NAP NAP 28,500 5,480 23,020 89.30 18,571 12/31/2006 NAP NAP 28,500 5,447 23,053 89.31 19,143 12/31/2006 NAP NAP 31,350 5,585 25,765 ----------------------------------------------------------------------------------------------------------------------------------- 89.32 33,644 12/31/2006 NAP NAP 29,355 5,885 23,470 89.33 N/A N/A NAP NAP 27,360 5,733 21,627 89.34 14,362 12/31/2006 NAP NAP 25,650 4,593 21,057 89.35 17,134 12/31/2006 NAP NAP 23,484 4,751 18,733 89.36 19,090 12/31/2006 NAP NAP 23,484 4,751 18,733 ----------------------------------------------------------------------------------------------------------------------------------- 89.37 18,044 12/31/2006 NAP NAP 22,800 4,675 18,125 89.38 13,893 12/31/2006 NAP NAP 23,484 4,594 18,890 89.39 5,870 12/31/2006 NAP NAP 24,225 4,856 19,369 89.40 20,607 12/31/2006 NAP NAP 23,484 4,194 19,290 89.41 14,600 12/31/2006 NAP NAP 16,758 3,491 13,267 ----------------------------------------------------------------------------------------------------------------------------------- 89.42 N/A N/A NAP NAP 16,758 4,287 12,471 89.43 17,528 12/31/2006 NAP NAP 17,100 3,770 13,330 89.44 15,467 12/31/2006 NAP NAP 17,442 3,871 13,571 89.45 1,513 12/31/2006 NAP NAP 17,100 3,743 13,357 89.46 12,644 12/31/2006 NAP NAP 17,100 3,845 13,255 ----------------------------------------------------------------------------------------------------------------------------------- 89.47 9,604 12/31/2006 NAP NAP 17,100 3,338 13,762 89.48 N/A N/A NAP NAP 0 0 0 90 1,332,704 12/31/2006 NAP NAP 1,724,326 440,686 1,283,640 91 287,997 12/31/2006 NAP NAP 1,776,623 555,438 1,221,186 92 1,069,749 12/31/2006 NAP NAP 2,030,207 578,512 1,451,695 ----------------------------------------------------------------------------------------------------------------------------------- 93 1,302,836 12/31/2006 NAP NAP 1,623,236 413,879 1,209,357 94 1,658,771 12/31/2006 NAP NAP 2,145,224 579,096 1,566,129 95 880,269 12/31/2006 NAP NAP 1,891,021 807,164 1,083,858 96 745,170 12/31/2006 NAP NAP 1,517,281 358,177 1,159,105 96.01 N/A N/A NAP NAP 604,926 130,287 474,639 ----------------------------------------------------------------------------------------------------------------------------------- 96.02 334,054 12/31/2006 NAP NAP 397,480 85,908 311,572 96.03 244,407 12/31/2006 NAP NAP 311,816 79,659 232,157 96.04 166,709 12/31/2006 NAP NAP 203,059 62,322 140,737 97 1,230,825 12/31/2006 1,288,352 3/31/2007 1,753,045 481,641 1,271,405 98 1,145,435 12/31/2006 NAP NAP 1,519,900 343,243 1,176,657 ----------------------------------------------------------------------------------------------------------------------------------- 99 1,537,550 12/31/2006 NAP NAP 2,082,897 522,286 1,560,611 100 821,416 12/31/2006 NAP NAP 1,430,890 287,368 1,143,522 101 1,296,179 12/31/2006 NAP NAP 1,458,857 228,318 1,230,539 102 N/A N/A NAP NAP 1,611,548 286,731 1,324,817 103 771,394 12/31/2006 NAP NAP 1,280,261 326,331 953,930 ----------------------------------------------------------------------------------------------------------------------------------- 104 830,012 12/31/2006 NAP NAP 1,472,321 370,217 1,102,104 104.01 643,392 12/31/2006 NAP NAP 1,230,243 316,107 914,136 104.02 186,620 12/31/2006 NAP NAP 242,078 54,110 187,968 105 1,061,664 12/31/2006 NAP NAP 1,995,517 762,531 1,232,986 106 849,180 12/31/2006 830,061 2/28/2007 1,632,906 734,021 898,885 ----------------------------------------------------------------------------------------------------------------------------------- 107 809,579 12/31/2006 NAP NAP 1,335,511 421,106 914,405 108 N/A N/A NAP NAP 1,710,846 363,436 1,347,409 109 934,633 12/31/2006 NAP NAP 1,471,394 414,696 1,056,698 110 908,497 12/31/2006 NAP NAP 1,463,064 499,386 963,678 111 948,335 12/31/2006 NAP NAP 1,165,237 229,477 935,760 ----------------------------------------------------------------------------------------------------------------------------------- 112 566,741 12/31/2006 NAP NAP 1,538,352 565,044 973,308 113 830,766 12/31/2006 NAP NAP 1,150,734 309,033 841,701 114 807,243 12/31/2006 NAP NAP 1,168,244 243,873 924,371 115 N/A N/A NAP NAP 1,217,457 274,873 942,584 116 1,032,552 12/31/2006 NAP NAP 1,329,945 434,410 895,535 ----------------------------------------------------------------------------------------------------------------------------------- 117 1,414,248 12/31/2006 NAP NAP 4,278,478 2,883,254 1,395,225 118 1,081,426 12/31/2006 NAP NAP 1,607,208 410,413 1,196,795 119 740,743 12/31/2006 NAP NAP 1,220,338 391,146 829,192 120 N/A N/A NAP NAP 1,319,776 393,279 926,497 121 524,109 12/31/2006 NAP NAP 1,512,128 788,629 723,499 ----------------------------------------------------------------------------------------------------------------------------------- 122 811,917 12/31/2006 NAP NAP 1,201,078 407,178 793,901 123 690,673 12/31/2006 NAP NAP 1,555,877 528,353 1,027,524 124 1,503,945 12/31/2006 NAP NAP 3,235,242 1,781,338 1,453,904 125 969,417 10/31/2006 NAP NAP 2,737,977 1,759,085 978,892 126 528,044 12/31/2006 543,318 2/28/2007 902,920 227,796 675,125 ----------------------------------------------------------------------------------------------------------------------------------- 127 480,883 12/31/2006 NAP NAP 989,556 268,355 721,202 128 242,069 12/31/2006 NAP NAP 1,187,449 397,610 789,839 129 1,292,307 12/31/2006 1,280,119 1/31/2007 3,130,677 1,921,791 1,208,886 129.01 675,060 12/31/2006 670,924 1/31/2007 1,603,278 973,946 629,332 129.02 617,247 12/31/2006 609,195 1/31/2007 1,527,399 947,845 579,554 ----------------------------------------------------------------------------------------------------------------------------------- 130 268,747 12/31/2006 388,604 2/28/2007 1,368,750 569,148 799,602 131 884,911 12/31/2006 NAP NAP 1,185,566 446,421 739,145 132 N/A N/A 263,920 1/31/2007 771,346 120,685 650,661 133 535,953 12/31/2006 NAP NAP 1,019,748 326,214 693,534 134 1,335,746 12/31/2006 NAP NAP 1,809,163 554,709 1,254,454 ----------------------------------------------------------------------------------------------------------------------------------- 135 N/A N/A NAP NAP 1,323,266 442,945 880,321 136 697,346 12/31/2006 NAP NAP 1,049,935 322,612 727,323 137 704,550 12/31/2006 NAP NAP 970,274 307,362 662,912 138 N/A N/A NAP NAP 1,227,490 448,122 779,368 139 670,761 12/31/2006 NAP NAP 754,906 134,976 619,930 ----------------------------------------------------------------------------------------------------------------------------------- 140 484,758 12/31/2006 503,245 2/28/2007 961,052 431,327 529,725 141 492,073 12/31/2006 NAP NAP 986,627 367,197 619,430 142 N/A N/A NAP NAP 866,809 281,949 584,860 143 367,232 12/31/2006 382,681 2/28/2007 845,075 228,968 616,107 144 744,101 10/31/2006 NAP NAP 1,157,847 428,496 729,351 ----------------------------------------------------------------------------------------------------------------------------------- 145 508,430 12/31/2006 509,847 1/31/2007 770,458 185,913 584,545 146 534,935 12/31/2006 NAP NAP 816,166 118,448 697,718 147 N/A N/A NAP NAP 868,608 258,714 609,894 148 420,075 12/31/2006 NAP NAP 835,523 228,781 606,741 149 680,305 12/31/2006 NAP NAP 1,071,263 394,711 676,552 ----------------------------------------------------------------------------------------------------------------------------------- 150 790,337 12/31/2006 NAP NAP 1,435,540 322,138 1,113,403 151 455,312 12/31/2006 NAP NAP 833,517 205,382 628,135 152 643,260 12/31/2006 633,268 2/28/2007 1,286,095 619,880 666,215 153 297,286 12/31/2006 NAP NAP 554,432 196,487 357,945 154 177,830 12/31/2006 NAP NAP 431,603 177,062 254,541 ----------------------------------------------------------------------------------------------------------------------------------- 155 677,573 12/31/2006 NAP NAP 965,345 353,712 611,633 156 257,744 12/31/2006 NAP NAP 814,252 204,037 610,215 157 N/A N/A NAP NAP 1,083,802 474,623 609,179 157.01 N/A N/A NAP NAP 480,731 215,040 265,691 157.02 N/A N/A NAP NAP 385,943 203,187 182,756 ----------------------------------------------------------------------------------------------------------------------------------- 157.03 N/A N/A NAP NAP 217,128 56,396 160,732 158 512,349 10/31/2006 NAP NAP 1,423,793 819,511 604,282 159 410,825 12/31/2006 NAP NAP 780,819 247,379 533,440 160 401,558 12/31/2006 NAP NAP 944,457 379,872 564,585 161 N/A N/A NAP NAP 710,854 191,130 519,723 ----------------------------------------------------------------------------------------------------------------------------------- 162 445,778 12/31/2006 NAP NAP 873,643 311,724 561,919 163 288,740 12/31/2006 291,725 2/28/2007 824,500 313,612 510,887 164 N/A N/A NAP NAP 689,983 189,613 500,369 165 476,780 12/31/2006 NAP NAP 666,887 135,886 531,001 166 374,259 12/31/2006 NAP NAP 702,865 274,585 428,280 ----------------------------------------------------------------------------------------------------------------------------------- 167 677,869 12/31/2006 NAP NAP 894,864 330,638 564,226 168 519,098 12/31/2006 NAP NAP 839,392 344,289 495,104 169 489,553 12/31/2006 NAP NAP 736,375 223,985 512,390 170 425,164 12/31/2006 NAP NAP 685,954 256,963 428,990 171 348,730 12/31/2006 NAP NAP 752,412 213,438 538,975 ----------------------------------------------------------------------------------------------------------------------------------- 172 732,894 12/31/2006 NAP NAP 1,870,809 1,141,528 729,281 173 61,613 12/31/2006 NAP NAP 813,264 285,035 528,229 174 454,353 12/31/2006 NAP NAP 983,492 401,689 581,803 175 N/A N/A NAP NAP 610,305 184,394 425,910 176 410,224 12/31/2006 NAP NAP 534,071 127,548 406,523 ----------------------------------------------------------------------------------------------------------------------------------- 177 473,571 12/31/2006 NAP NAP 689,147 199,164 489,983 178 344,450 12/31/2006 NAP NAP 614,665 287,470 327,195 179 N/A N/A NAP NAP 605,429 201,165 404,264 180 202,853 12/31/2006 NAP NAP 546,827 155,754 391,073 181 N/A N/A NAP NAP 477,214 107,458 369,756 ----------------------------------------------------------------------------------------------------------------------------------- 182 365,131 12/31/2006 NAP NAP 642,277 221,655 420,622 183 N/A N/A NAP NAP 457,417 192,652 264,765 184 329,234 12/31/2006 301,309 2/28/2007 590,347 211,699 378,648 185 302,611 12/31/2006 NAP NAP 541,274 194,841 346,433 186 320,449 12/31/2006 NAP NAP 505,800 186,882 318,918 ----------------------------------------------------------------------------------------------------------------------------------- 187 197,609 11/30/2006 NAP NAP 565,800 154,093 411,707 188 289,197 12/31/2006 NAP NAP 532,411 183,755 348,656 189 N/A N/A NAP NAP 481,964 81,602 400,363 190 N/A N/A NAP NAP 387,619 65,103 322,516 191 N/A N/A NAP NAP 441,621 126,192 315,429 ----------------------------------------------------------------------------------------------------------------------------------- 192 266,384 12/31/2006 NAP NAP 443,084 127,866 315,218 193 305,309 12/31/2006 NAP NAP 490,045 143,821 346,224 194 74,956 12/31/2006 NAP NAP 434,861 96,039 338,822 195 354,254 12/31/2006 NAP NAP 408,992 66,259 342,733 196 257,987 12/31/2006 NAP NAP 480,941 183,136 297,805 ----------------------------------------------------------------------------------------------------------------------------------- 197 266,298 12/31/2006 270,973 3/31/2007 528,837 227,112 301,725 198 236,797 12/31/2006 NAP NAP 654,724 296,092 358,632 199 356,266 12/31/2006 NAP NAP 498,094 166,456 331,638 200 N/A N/A NAP NAP 350,196 77,448 272,748 201 163,213 12/31/2006 185,145 2/28/2007 322,501 96,399 226,102 ----------------------------------------------------------------------------------------------------------------------------------- 202 141,613 12/31/2006 180,192 2/28/2007 283,324 49,875 233,448 203 205,947 12/31/2006 NAP NAP 250,276 56,456 193,820 204 N/A N/A NAP NAP 322,189 143,990 178,199 205 74,996 12/31/2006 NAP NAP 245,120 68,711 176,409 206 N/A N/A NAP NAP 160,637 34,991 125,646 UNDERWRITTEN UNDERWRITTEN CONTROL REPLACEMENT / UNDERWRITTEN NET UNDERWRITTEN APPRAISAL APPRAISAL CUT-OFF DATE BALLOON NUMBER FF&E RESERVE ($) TI / LC CASH FLOW ($) NCF DSCR (X) VALUE ($) DATE LTV (%) LTV (%) ----------------------------------------------------------------------------------------------------------------------------------- 1 776,407 4,969,682 52,863,207 1.34 1,063,600,000 65.6% 65.6% 1.01 145,623 877,957 9,265,581 191,000,000 3/19/2007 1.02 83,755 644,684 6,151,418 133,700,000 3/19/2007 1.03 137,158 546,144 7,364,778 118,000,000 4/1/2007 1.04 73,123 414,602 4,203,327 81,700,000 3/15/2007 ----------------------------------------------------------------------------------------------------------------------------------- 1.05 36,669 306,781 3,877,019 79,000,000 3/19/2007 1.06 54,640 357,645 3,863,800 77,700,000 3/15/2007 1.07 39,795 316,375 3,333,736 76,400,000 3/19/2007 1.08 38,507 277,166 2,695,442 49,000,000 3/19/2007 1.09 28,855 215,151 2,030,726 43,900,000 3/19/2007 ----------------------------------------------------------------------------------------------------------------------------------- 1.10 24,844 188,516 1,793,911 42,200,000 3/19/2007 1.11 28,220 206,688 1,755,919 39,600,000 3/19/2007 1.12 20,513 161,574 2,494,663 38,900,000 3/19/2007 1.13 18,338 115,816 1,143,882 28,400,000 3/19/2007 1.14 20,297 149,481 1,106,476 26,400,000 3/19/2007 ----------------------------------------------------------------------------------------------------------------------------------- 1.15 14,870 111,957 1,006,981 21,200,000 3/19/2007 1.16 11,200 79,142 775,548 16,500,000 3/19/2007 2 282,242 1,349,538 37,592,494 1.18 704,000,000 3/14/2007 78.1% 78.1% 3 265,962 2,181,112 31,502,945 1.20 638,000,000 3/28/2007 73.7% 73.7% 4 208,364 900,822 21,694,153 1.39 394,100,000 68.6% 68.6% ----------------------------------------------------------------------------------------------------------------------------------- 4.01 40,652 203,258 3,973,201 88,600,000 11/1/2006 4.02 31,187 155,936 3,641,102 57,900,000 11/1/2006 4.03 39,556 197,781 3,627,022 76,200,000 10/27/2006 4.04 28,200 2 3,953,147 61,700,000 11/1/2006 4.05 24,600 123,000 3,365,681 57,700,000 10/27/2006 ----------------------------------------------------------------------------------------------------------------------------------- 4.06 44,169 220,845 3,134,000 52,000,000 12/1/2006 5 105,485 606,232 20,449,442 1.34 335,000,000 3/1/2007 79.1% 79.1% 6 -- -- 14,260,048 1.37 260,000,000 5/1/2007 73.6% 73.6% 7 212,789 851,161 13,119,779 1.20 270,000,000 10/27/2006 69.4% 69.4% 8 2,142,674 -- 19,367,334 1.49 231,500,000 80.3% 74.9% ----------------------------------------------------------------------------------------------------------------------------------- 8.01 92,073 -- 1,030,482 10,400,000 3/1/2007 8.02 83,305 -- 841,144 9,900,000 3/1/2007 8.03 80,715 -- 819,562 9,400,000 3/1/2007 8.04 73,395 -- 823,589 8,600,000 3/1/2007 8.05 71,704 -- 812,269 8,700,000 3/1/2007 ----------------------------------------------------------------------------------------------------------------------------------- 8.06 73,754 -- 736,322 8,300,000 3/1/2007 8.07 69,833 -- 696,451 8,400,000 3/1/2007 8.08 64,607 -- 596,888 7,800,000 3/1/2007 8.09 69,637 -- 716,673 7,700,000 3/1/2007 8.10 66,602 -- 681,700 7,700,000 3/1/2007 ----------------------------------------------------------------------------------------------------------------------------------- 8.11 60,016 -- 568,967 7,600,000 3/1/2007 8.12 56,377 -- 525,199 6,900,000 4/5/2007 8.13 63,783 -- 625,931 6,800,000 3/1/2007 8.14 63,445 -- 570,365 6,700,000 3/1/2007 8.15 62,259 -- 470,648 6,100,000 3/1/2007 ----------------------------------------------------------------------------------------------------------------------------------- 8.16 63,039 -- 559,680 6,400,000 3/1/2007 8.17 53,520 -- 391,325 5,900,000 3/1/2007 8.18 58,262 -- 424,486 6,200,000 3/1/2007 8.19 60,362 -- 580,462 6,100,000 3/1/2007 8.20 53,491 -- 538,888 6,100,000 3/1/2007 ----------------------------------------------------------------------------------------------------------------------------------- 8.21 65,987 -- 564,024 6,000,000 3/1/2007 8.22 65,119 -- 468,032 6,000,000 3/1/2007 8.23 49,139 -- 433,405 5,600,000 3/1/2007 8.24 53,597 -- 487,192 5,100,000 3/1/2007 8.25 51,941 -- 404,843 6,000,000 3/1/2007 ----------------------------------------------------------------------------------------------------------------------------------- 8.26 62,319 -- 505,247 6,000,000 3/1/2007 8.27 66,093 -- 468,076 4,900,000 3/1/2007 8.28 47,950 -- 444,006 5,200,000 3/1/2007 8.29 63,682 -- 461,616 5,200,000 3/1/2007 8.30 49,744 -- 408,961 5,100,000 3/1/2007 ----------------------------------------------------------------------------------------------------------------------------------- 8.31 56,689 -- 455,845 5,600,000 3/1/2007 8.32 49,849 -- 423,277 4,900,000 3/1/2007 8.33 49,814 -- 339,754 6,000,000 3/1/2007 8.34 34,867 -- 265,406 3,900,000 3/1/2007 8.35 35,705 -- 226,619 4,300,000 3/1/2007 ----------------------------------------------------------------------------------------------------------------------------------- 9 124,337 763,980 11,889,516 1.28 235,000,000 3/28/2007 70.2% 70.2% 10 1 -- 13,083,630 1.15 206,000,000 4/10/2007 77.9% 75.0% 11 100,170 -- 11,379,699 1.13 202,000,000 3/1/2009 79.2% 79.2% 12 82,839 414,195 10,864,338 1.32 221,000,000 11/29/2006 62.7% 62.7% 13 59,044 295,218 9,179,923 1.38 171,000,000 6/2/2007 65.8% 73.6% ----------------------------------------------------------------------------------------------------------------------------------- 14 105,498 421,990 10,162,705 1.26 178,000,000 2/8/2007 75.8% 75.8% 15 359,600 -- 8,815,564 1.10 152,000,000 5/1/2009 85.2% 85.2% 16 26,327 223,778 8,054,899 1.18 155,000,000 4/1/2007 80.0% 80.0% 17 43,539 96,890 10,592,938 1.43 175,000,000 2/14/2007 68.6% 68.6% 18 225,428 856,628 20,301,960 1.22 370,000,000 4/16/2007 78.4% 78.4% ----------------------------------------------------------------------------------------------------------------------------------- 19 66,701 467,723 6,993,076 1.17 155,800,000 66.4% 66.4% 19.01 58,164 407,860 6,382,417 144,100,000 3/20/2007 19.02 8,537 59,863 610,659 11,700,000 3/20/2007 20 53,533 265,540 8,742,613 1.23 123,378,550 75.2% 68.7% 20.01 6,857 34,014 1,387,905 19,446,400 3/29/2007 ----------------------------------------------------------------------------------------------------------------------------------- 20.02 7,321 36,312 1,286,358 18,107,400 3/29/2007 20.03 5,794 28,738 1,200,144 16,814,750 3/29/2007 20.04 5,481 27,190 857,720 12,123,100 3/29/2007 20.05 5,464 27,104 833,360 11,783,200 3/29/2007 20.06 4,866 24,134 790,430 11,154,900 3/29/2007 ----------------------------------------------------------------------------------------------------------------------------------- 20.07 5,196 25,772 771,250 10,918,000 3/29/2007 20.08 4,460 22,126 652,887 9,270,000 3/29/2007 20.09 3,389 16,810 577,480 8,137,000 3/29/2007 20.10 2,491 12,352 255,118 3,677,100 3/29/2007 20.11 2,215 10,988 129,961 1,946,700 3/29/2007 ----------------------------------------------------------------------------------------------------------------------------------- 21 125,588 383,734 7,114,174 1.29 106,000,000 12/21/2006 82.6% 82.6% 22 76,148 385,455 6,264,578 1.22 117,000,000 1/19/2007 72.6% 72.6% 23 99,980 580,944 9,024,080 1.74 126,000,000 12/5/2006 67.5% 67.5% 24 1,207,743 -- 8,019,331 1.39 104,700,000 1/4/2007 76.4% 73.7% 25 65,234 -- 4,975,161 1.12 93,300,000 2/14/2007 78.3% 78.3% ----------------------------------------------------------------------------------------------------------------------------------- 26 536,134 -- 6,062,421 1.38 82,500,000 3/1/2007 77.6% 72.0% 27 192,662 785,446 6,211,334 1.69 79,600,000 8/30/2006 77.3% 77.3% 28 95,342 558,392 4,294,311 1.25 76,600,000 3/6/2007 75.1% 75.1% 29 116,591 425,453 2,826,036 1.12 50,700,000 4/5/2007 79.0% 79.0% 30 58,843 213,235 1,267,013 1.12 21,200,000 4/5/2007 79.0% 79.0% ----------------------------------------------------------------------------------------------------------------------------------- 31 30,839 153,161 3,957,265 1.23 77,800,000 3/7/2007 72.6% 72.6% 32 72,502 145,475 3,968,709 1.24 71,000,000 4/6/2007 78.2% 78.2% 33 59,172 308,448 4,547,838 1.30 68,500,000 1/31/2007 80.6% 80.6% 34 43,476 358,680 4,828,477 1.46 93,000,000 3/20/2007 59.1% 59.1% 35 22,311 84,783 3,229,821 1.30 50,000,000 11/30/2006 62.4% 56.5% ----------------------------------------------------------------------------------------------------------------------------------- 36 61,193 173,263 2,335,029 1.30 35,150,000 62.4% 56.5% 36.01 53,080 132,701 1,375,066 19,950,000 11/30/2006 36.02 8,112 40,562 959,963 15,200,000 11/30/2006 37 545,025 -- 5,287,408 1.68 65,950,000 79.3% 79.3% 37.01 116,249 -- 1,275,529 17,600,000 4/5/2007 ----------------------------------------------------------------------------------------------------------------------------------- 37.02 124,847 -- 1,080,911 13,150,000 5/1/2007 37.03 91,189 -- 865,959 11,600,000 4/5/2007 37.04 91,545 -- 860,824 10,000,000 6/28/2007 37.05 65,091 -- 767,910 7,100,000 3/13/2007 37.06 56,104 -- 436,275 6,500,000 3/28/2007 ----------------------------------------------------------------------------------------------------------------------------------- 38 48,360 382,230 4,203,154 1.35 68,700,000 4/12/2007 75.3% 72.0% 39 1,831,549 -- 4,857,680 1.14 72,975,000 66.5% 64.9% 39.01 206,762 -- 923,016 8,800,000 3/14/2007 39.02 101,053 -- 767,243 8,200,000 3/20/2007 39.03 309,511 -- 604,727 8,600,000 3/21/2007 ----------------------------------------------------------------------------------------------------------------------------------- 39.04 148,069 -- 495,407 6,700,000 3/20/2007 39.05 210,838 -- 519,372 9,400,000 3/22/2007 39.06 160,970 -- 383,660 7,400,000 3/22/2007 39.07 252,377 -- 496,135 5,425,000 3/23/2007 39.08 77,188 -- 205,772 3,400,000 3/15/2007 ----------------------------------------------------------------------------------------------------------------------------------- 39.09 127,224 -- 223,632 4,150,000 3/24/2007 39.10 102,766 -- 120,949 5,500,000 3/21/2007 39.11 134,791 -- 117,767 5,400,000 3/15/2007 40 71,926 359,630 3,532,535 1.31 68,000,000 1/22/2007 70.6% 70.6% 41 28,680 122,371 3,431,258 1.28 61,000,000 4/13/2007 75.4% 75.4% ----------------------------------------------------------------------------------------------------------------------------------- 42 27,324 102,701 3,234,405 1.18 55,350,000 80.3% 80.3% 42.01 8,100 40,500 1,558,780 25,300,000 2/15/2007 42.02 8,075 26,917 815,848 14,200,000 2/15/2007 42.03 4,879 16,264 352,233 6,400,000 2/15/2007 42.04 4,014 13,380 356,820 6,650,000 2/15/2007 ----------------------------------------------------------------------------------------------------------------------------------- 42.05 2,256 5,640 150,724 2,800,000 2/15/2007 43 34,346 283,353 3,435,448 1.29 57,200,000 3/20/2007 77.6% 77.6% 44 115,250 -- 4,098,889 1.23 57,600,000 12/19/2006 75.0% 70.8% 45 1,009,245 -- 4,064,467 1.53 55,200,000 4/1/2007 77.9% 77.9% 46 48,381 298,814 3,618,550 1.45 49,000,000 80.0% 80.0% ----------------------------------------------------------------------------------------------------------------------------------- 46.01 34,123 199,004 2,214,342 34,500,000 1/31/2007 46.02 14,259 99,810 1,404,208 14,500,000 1/31/2007 47 521,168 -- 3,182,180 1.22 46,300,000 1/4/2007 77.8% 72.8% 48 442,093 -- 3,195,198 1.27 47,000,000 2/27/2007 76.2% 71.0% 49 969,979 -- 4,269,991 2.09 71,300,000 4/1/2007 49.8% 49.8% ----------------------------------------------------------------------------------------------------------------------------------- 50 78,333 672,048 3,638,205 1.46 56,900,000 4/1/2007 61.5% 57.5% 51 27,713 121,213 2,735,149 1.15 41,290,000 80.9% 75.6% 51.01 10,130 50,650 739,696 11,600,000 3/14/2007 51.02 7,877 26,258 689,700 9,800,000 3/8/2007 51.03 1,875 9,374 371,637 5,800,000 3/8/2007 ----------------------------------------------------------------------------------------------------------------------------------- 51.04 2,535 8,450 351,165 5,340,000 3/14/2007 51.05 2,768 13,842 330,270 5,050,000 3/14/2007 51.06 2,528 12,639 252,681 3,700,000 3/14/2007 52 13,962 34,906 2,433,907 1.14 40,000,000 4/25/2007 80.0% 78.9% 53 21,197 63,590 2,321,351 1.20 39,600,000 3/13/2007 80.0% 80.0% ----------------------------------------------------------------------------------------------------------------------------------- 54 41,643 208,215 2,744,520 1.39 38,900,000 1/31/2007 80.0% 80.0% 55 29,484 157,250 2,376,469 1.31 43,000,000 12/6/2006 72.1% 72.1% 56 -- -- 2,144,159 1.35 35,000,000 2/23/2007 79.1% 79.1% 57 322,399 -- 2,411,751 1.27 35,000,000 3/19/2007 75.7% 70.8% 58 20,488 66,810 2,145,620 1.20 25,850,000 3/12/2007 79.7% 71.7% ----------------------------------------------------------------------------------------------------------------------------------- 59 18,553 146,496 1,899,416 1.26 31,400,000 4/17/2007 79.6% 79.6% 60 35,796 215,661 2,315,906 1.48 30,800,000 80.0% 80.0% 60.01 14,062 76,884 962,401 12,400,000 2/1/2007 60.02 8,448 62,954 670,567 8,100,000 1/31/2007 60.03 10,145 55,467 445,872 6,700,000 2/1/2007 ----------------------------------------------------------------------------------------------------------------------------------- 60.04 3,141 20,356 237,066 3,600,000 2/1/2007 61 17,329 -- 2,405,626 1.77 32,700,000 11/15/2006 75.2% 75.2% 62 33,580 108,561 1,771,426 1.34 32,400,000 12/20/2006 71.8% 71.8% 63 27,072 90,241 2,155,085 1.20 32,600,000 2/2/2007 70.9% 55.2% 64 22,855 152,366 1,684,780 1.25 28,850,000 1/4/2007 79.8% 79.8% ----------------------------------------------------------------------------------------------------------------------------------- 65 20,940 82,219 1,872,600 1.16 29,800,000 12/9/2006 77.2% 74.2% 66 24,047 159,547 1,845,068 1.39 28,500,000 3/21/2007 80.0% 80.0% 67 19,693 115,839 1,593,768 1.23 28,000,000 3/12/2007 79.6% 79.6% 68 20,185 100,926 1,631,448 1.25 27,000,000 2/1/2007 79.6% 79.6% 69 14,916 27,585 1,536,862 1.23 26,400,000 12/1/2006 79.5% 79.5% ----------------------------------------------------------------------------------------------------------------------------------- 70 23,743 49,584 1,496,436 1.30 26,000,000 2/25/2007 80.0% 80.0% 71 -- -- 1,550,569 1.12 28,000,000 3/26/2007 71.3% 59.9% 72 67,500 -- 1,615,390 1.46 23,020,000 12/8/2006 83.4% 83.4% 73 55,541 106,601 1,513,282 1.31 23,500,000 4/11/2007 80.0% 80.0% 74 17,222 -- 1,715,888 1.55 28,000,000 12/10/2006 67.1% 67.1% ----------------------------------------------------------------------------------------------------------------------------------- 75 79,360 -- 1,418,523 1.32 23,550,000 4/17/2007 77.9% 77.9% 76 153,750 -- 2,052,548 2.10 32,750,000 3/28/2007 55.0% 55.0% 77 15,926 74,320 1,383,622 1.22 24,000,000 8/17/2006 75.0% 75.0% 78 36,960 -- 1,247,937 1.19 22,520,000 11/28/2006 79.9% 79.9% 79 4,946 51,862 1,552,245 1.41 22,400,000 4/1/2007 79.6% 79.6% ----------------------------------------------------------------------------------------------------------------------------------- 80 9,514 32,325 1,245,888 1.20 22,000,000 2/20/2007 80.0% 80.0% 81 52,320 261,600 1,529,639 1.25 21,800,000 11/17/2006 80.0% 74.6% 82 5,867 51,065 1,330,952 1.42 21,700,000 4/10/2007 76.5% 76.5% 83 36,163 142,856 1,242,626 1.30 20,400,000 3/13/2007 79.7% 79.7% 84 23,561 -- 1,391,416 1.21 23,300,000 69.7% 65.1% ----------------------------------------------------------------------------------------------------------------------------------- 84.01 7,250 -- 454,408 7,100,000 2/28/2007 84.02 5,598 -- 405,793 6,600,000 2/28/2007 84.03 5,898 -- 247,345 5,100,000 2/28/2007 84.04 4,815 -- 283,870 4,500,000 2/28/2007 85 263,145 -- 1,577,660 1.40 21,500,000 3/6/2007 74.4% 67.0% ----------------------------------------------------------------------------------------------------------------------------------- 86 50,000 -- 1,141,762 1.23 20,000,000 11/28/2006 80.0% 80.0% 87 6,049 36,292 1,183,440 1.25 21,000,000 2/15/2007 73.0% 73.0% 88 3,394 17,651 1,080,775 1.15 19,170,000 3/8/2007 79.7% 79.7% 89 46,125 -- 1,423,793 1.32 20,450,000 74.6% 63.1% 89.01 -- -- 90,398 1,420,000 1/31/2007 ----------------------------------------------------------------------------------------------------------------------------------- 89.02 -- -- 124,962 1,390,000 1/31/2007 89.03 -- -- 55,725 870,000 1/31/2007 89.04 -- -- 55,548 720,000 1/31/2007 89.05 -- -- 48,343 670,000 1/31/2007 89.06 -- -- 44,642 650,000 1/31/2007 ----------------------------------------------------------------------------------------------------------------------------------- 89.07 -- -- 49,037 650,000 1/31/2007 89.08 -- -- 46,718 650,000 1/31/2007 89.09 -- -- 46,839 600,000 1/31/2007 89.10 46,125 -- (5,230) 590,000 1/31/2007 89.11 -- -- 38,301 580,000 1/31/2007 ----------------------------------------------------------------------------------------------------------------------------------- 89.12 -- -- 41,059 580,000 1/31/2007 89.13 -- -- 40,877 570,000 1/31/2007 89.14 -- -- 34,648 530,000 1/31/2007 89.15 -- -- 31,634 450,000 1/31/2007 89.16 -- -- 31,569 450,000 1/31/2007 ----------------------------------------------------------------------------------------------------------------------------------- 89.17 -- -- 24,427 440,000 1/31/2007 89.18 -- -- 29,310 400,000 1/31/2007 89.19 -- -- 28,489 390,000 1/31/2007 89.20 -- -- 31,591 390,000 1/31/2007 89.21 -- -- 26,713 390,000 1/31/2007 ----------------------------------------------------------------------------------------------------------------------------------- 89.22 -- -- 25,698 340,000 1/31/2007 89.23 -- -- 22,141 330,000 1/31/2007 89.24 -- -- 22,454 330,000 1/31/2007 89.25 -- -- 22,464 330,000 1/31/2007 89.26 -- -- 22,721 330,000 1/31/2007 ----------------------------------------------------------------------------------------------------------------------------------- 89.27 -- -- 25,683 330,000 1/31/2007 89.28 -- -- 22,887 330,000 1/31/2007 89.29 -- -- 23,020 330,000 1/31/2007 89.30 -- -- 23,053 330,000 1/31/2007 89.31 -- -- 25,765 330,000 1/31/2007 ----------------------------------------------------------------------------------------------------------------------------------- 89.32 -- -- 23,470 320,000 1/31/2007 89.33 -- -- 21,627 320,000 1/31/2007 89.34 -- -- 21,057 280,000 1/31/2007 89.35 -- -- 18,733 260,000 1/31/2007 89.36 -- -- 18,733 260,000 1/31/2007 ----------------------------------------------------------------------------------------------------------------------------------- 89.37 -- -- 18,125 260,000 1/31/2007 89.38 -- -- 18,890 260,000 1/31/2007 89.39 -- -- 19,369 260,000 1/31/2007 89.40 -- -- 19,290 240,000 1/31/2007 89.41 -- -- 13,267 190,000 1/31/2007 ----------------------------------------------------------------------------------------------------------------------------------- 89.42 -- -- 12,471 190,000 1/31/2007 89.43 -- -- 13,330 190,000 1/31/2007 89.44 -- -- 13,571 190,000 1/31/2007 89.45 -- -- 13,357 190,000 1/31/2007 89.46 -- -- 13,255 180,000 1/31/2007 ----------------------------------------------------------------------------------------------------------------------------------- 89.47 -- -- 13,762 170,000 1/31/2007 89.48 -- -- -- -- 1/31/2007 90 6,479 45,886 1,231,275 1.13 20,700,000 12/7/2006 73.6% 68.8% 91 10,178 67,620 1,143,387 1.35 19,500,000 7/28/2007 76.9% 76.9% 92 18,900 -- 1,432,795 1.71 29,000,000 3/6/2007 51.7% 51.7% ----------------------------------------------------------------------------------------------------------------------------------- 93 51,454 48,537 1,109,367 1.33 18,890,000 3/15/2007 78.8% 78.8% 94 37,273 42,721 1,486,134 1.79 24,400,000 2/28/2007 59.4% 59.4% 95 21,520 -- 1,062,338 1.34 19,000,000 3/23/2007 76.3% 76.3% 96 9,494 22,724 1,126,887 1.29 18,800,000 77.1% 77.1% 96.01 2,933 8,601 463,104 8,300,000 4/16/2007 ----------------------------------------------------------------------------------------------------------------------------------- 96.02 1,911 7,658 302,002 4,600,000 4/11/2007 96.03 2,844 3,884 225,429 3,850,000 4/17/2007 96.04 1,806 2,580 136,351 2,050,000 4/16/2007 97 6,866 63,919 1,200,619 1.45 19,200,000 4/16/2007 75.5% 75.5% 98 5,530 58,600 1,112,527 1.38 18,345,000 1/9/2007 77.7% 77.7% ----------------------------------------------------------------------------------------------------------------------------------- 99 24,636 61,388 1,474,587 1.83 23,800,000 1/31/2007 58.8% 58.8% 100 37,512 35,876 1,070,134 1.35 17,500,000 4/17/2007 80.0% 80.0% 101 72,990 79,740 1,077,810 1.16 18,240,000 2/15/2007 72.4% 65.2% 102 17,620 51,222 1,255,975 1.62 24,000,000 1/27/2007 54.6% 54.6% 103 6,502 28,055 919,373 1.18 17,500,000 1/12/2007 65.1% 66.2% ----------------------------------------------------------------------------------------------------------------------------------- 104 19,220 59,714 1,023,169 1.20 17,100,000 70.2% 63.2% 104.01 13,496 45,665 854,975 14,280,000 1/31/2007 104.02 5,725 14,049 168,194 2,820,000 1/31/2007 105 78,800 -- 1,154,186 1.19 18,000,000 4/24/2007 66.7% 61.5% 106 43,200 -- 855,685 1.20 15,040,000 1/11/2007 79.8% 79.8% ----------------------------------------------------------------------------------------------------------------------------------- 107 19,895 53,052 841,458 1.12 14,850,000 3/14/2007 80.0% 80.0% 108 12,090 -- 1,335,319 1.45 17,400,000 8/3/2006 67.9% 52.9% 109 27,152 65,544 964,002 1.21 16,400,000 1/31/2007 68.9% 62.1% 110 7,006 64,358 892,314 1.43 14,800,000 4/3/2007 75.0% 75.0% 111 6,120 37,122 892,518 1.16 17,600,000 3/12/2007 63.1% 55.4% ----------------------------------------------------------------------------------------------------------------------------------- 112 7,188 70,057 896,063 1.15 16,000,000 1/10/2007 68.8% 56.6% 113 10,395 43,504 787,802 1.26 13,450,000 4/16/2007 80.0% 80.0% 114 9,500 19,000 895,871 1.36 13,400,000 3/26/2007 80.0% 80.0% 115 10,200 -- 932,384 1.46 13,600,000 2/20/2007 78.4% 78.4% 116 25,197 40,655 829,683 1.35 14,540,000 3/19/2007 72.6% 72.6% ----------------------------------------------------------------------------------------------------------------------------------- 117 171,139 -- 1,224,086 2.01 17,000,000 3/20/2007 61.8% 61.8% 118 7,775 28,029 1,160,991 2.03 19,300,000 1/10/2007 54.4% 54.4% 119 10,385 27,092 791,715 1.19 13,000,000 3/14/2007 80.7% 80.7% 120 7,756 37,642 881,099 1.21 12,830,000 1/24/2007 79.7% 74.4% 121 58,928 -- 664,571 1.18 13,200,000 3/2/2007 75.8% 75.8% ----------------------------------------------------------------------------------------------------------------------------------- 122 3,918 43,226 746,758 1.40 11,700,000 3/17/2007 79.5% 79.5% 123 9,087 -- 1,018,437 1.77 13,100,000 3/5/2007 71.0% 71.0% 124 129,410 -- 1,324,494 1.99 12,400,000 8/25/2006 72.8% 68.8% 125 109,519 -- 869,373 1.36 12,500,000 12/12/2006 69.3% 63.2% 126 1,950 11,216 661,960 1.10 10,900,000 3/21/2007 78.9% 73.6% ----------------------------------------------------------------------------------------------------------------------------------- 127 4,099 37,684 679,419 1.30 10,750,000 3/20/2007 80.0% 80.0% 128 6,588 43,847 739,403 1.53 11,900,000 3/8/2007 72.3% 72.3% 129 125,227 -- 1,083,659 1.76 11,500,000 74.1% 65.8% 129.01 64,131 -- 565,201 6,000,000 4/1/2007 129.02 61,096 -- 518,458 5,500,000 4/1/2007 ----------------------------------------------------------------------------------------------------------------------------------- 130 10,183 95,230 694,190 1.44 10,800,000 2/16/2007 78.7% 76.6% 131 10,964 42,220 685,961 1.47 10,800,000 2/25/2007 77.3% 77.3% 132 3,193 20,673 626,795 1.34 10,000,000 4/9/2007 81.6% 79.6% 133 5,724 32,164 655,645 1.19 10,200,000 2/1/2007 79.4% 73.8% 134 12,751 95,587 1,146,117 2.65 18,000,000 1/18/2007 43.9% 43.9% ----------------------------------------------------------------------------------------------------------------------------------- 135 5,312 31,857 843,153 1.42 13,000,000 11/22/2006 60.4% 46.6% 136 15,373 23,996 687,954 1.56 9,750,000 12/27/2006 79.6% 79.6% 137 13,832 39,656 609,424 1.24 9,000,000 11/21/2006 77.8% 73.3% 138 15,564 77,822 685,982 1.39 9,650,000 12/11/2006 79.8% 79.8% 139 17,233 22,768 579,929 1.35 10,000,000 2/12/2007 75.0% 75.0% ----------------------------------------------------------------------------------------------------------------------------------- 140 23,000 -- 506,725 1.14 9,710,000 3/5/2007 77.2% 77.2% 141 20,500 -- 598,930 1.14 9,570,000 1/19/2007 77.3% 72.2% 142 3,281 -- 581,579 1.15 9,100,000 1/23/2007 80.0% 74.5% 143 5,359 29,577 581,171 1.19 9,000,000 8/8/2006 80.0% 70.0% 144 6,591 63,501 659,259 1.31 9,100,000 1/9/2007 79.1% 76.1% ----------------------------------------------------------------------------------------------------------------------------------- 145 4,228 26,411 553,905 1.33 9,900,000 2/16/2007 72.2% 72.2% 146 6,695 44,631 646,392 1.31 10,100,000 2/20/2007 70.1% 59.1% 147 14,047 -- 595,847 1.32 8,900,000 12/15/2006 79.0% 79.0% 148 3,367 30,687 572,688 1.17 9,180,000 12/5/2006 76.3% 71.1% 149 11,706 44,256 620,591 1.57 8,750,000 3/1/2007 80.0% 80.0% ----------------------------------------------------------------------------------------------------------------------------------- 150 34,102 84,315 994,985 1.95 13,500,000 10/1/2006 51.8% 44.1% 151 2,270 25,098 600,767 1.26 8,575,000 1/24/2007 79.9% 74.4% 152 8,025 49,337 608,853 1.26 9,450,000 2/16/2007 72.5% 67.7% 153 2,492 22,111 333,342 1.46 6,000,000 1/3/2007 66.6% 66.6% 154 3,945 18,225 232,370 1.46 4,100,000 1/3/2007 66.6% 66.6% ----------------------------------------------------------------------------------------------------------------------------------- 155 7,475 29,263 574,895 1.24 9,100,000 4/5/2007 73.8% 68.6% 156 5,741 29,393 575,081 1.27 8,500,000 1/17/2007 77.6% 72.2% 157 17,635 47,610 543,932 1.20 8,050,000 80.0% 72.0% 157.01 7,610 18,815 239,266 3,500,000 12/20/2006 157.02 7,775 17,006 157,975 2,550,000 12/20/2006 ----------------------------------------------------------------------------------------------------------------------------------- 157.03 2,250 11,789 146,693 2,000,000 12/20/2006 158 51,000 -- 553,282 1.25 8,800,000 11/20/2006 71.0% 66.3% 159 7,080 -- 526,360 1.28 7,300,000 5/23/2007 84.9% 84.9% 160 5,986 57,673 500,925 1.38 7,650,000 1/10/2007 79.7% 79.7% 161 4,063 22,762 492,898 1.19 7,500,000 3/12/2007 80.0% 70.2% ----------------------------------------------------------------------------------------------------------------------------------- 162 6,002 39,261 516,656 1.24 7,500,000 1/28/2007 80.0% 74.5% 163 4,760 42,830 463,296 1.14 7,400,000 4/16/2007 79.7% 74.2% 164 3,375 20,005 476,990 1.17 7,490,000 5/15/2007 78.3% 75.3% 165 8,344 21,350 501,308 1.53 7,500,000 3/16/2007 78.0% 78.0% 166 14,400 -- 413,880 1.21 7,180,000 2/21/2007 78.7% 78.7% ----------------------------------------------------------------------------------------------------------------------------------- 167 8,875 30,944 524,407 1.37 9,550,000 1/11/2007 57.6% 53.7% 168 13,600 24,146 457,358 1.20 6,950,000 2/28/2007 79.1% 71.0% 169 13,712 20,869 477,809 1.47 7,800,000 3/6/2007 70.0% 70.0% 170 9,900 -- 419,090 1.13 9,900,000 1/17/2007 54.0% 50.3% 171 6,631 41,000 491,344 1.33 6,700,000 4/1/2007 79.8% 67.1% ----------------------------------------------------------------------------------------------------------------------------------- 172 74,832 -- 654,449 1.60 7,500,000 1/9/2007 69.6% 54.4% 173 17,144 -- 511,085 1.32 8,200,000 2/17/2007 61.0% 57.5% 174 17,360 86,271 478,172 1.44 7,000,000 2/22/2007 68.6% 63.8% 175 7,045 26,341 392,525 1.18 6,020,000 4/10/2007 79.7% 74.3% 176 5,718 12,683 388,122 1.19 6,400,000 3/20/2007 73.4% 68.4% ----------------------------------------------------------------------------------------------------------------------------------- 177 19,640 67,386 402,957 1.26 6,000,000 11/17/2006 76.0% 70.9% 178 5,000 23,099 322,195 1.20 7,500,000 2/12/2007 60.0% 60.0% 179 2,532 23,481 378,251 1.23 5,600,000 1/8/2007 79.0% 66.6% 180 7,221 --