-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GLXPrWMkpTZrTU8SF9L1CI3cbGu0iGzJciQFC1GYHvX0F7Ggb4iCnbEAIZUnciPH CgQg/lOrtTyFq7iE05ajtA== 0001145443-04-001323.txt : 20040824 0001145443-04-001323.hdr.sgml : 20040824 20040824170437 ACCESSION NUMBER: 0001145443-04-001323 CONFORMED SUBMISSION TYPE: N-CSRS PUBLIC DOCUMENT COUNT: 6 CONFORMED PERIOD OF REPORT: 20040531 FILED AS OF DATE: 20040824 DATE AS OF CHANGE: 20040824 EFFECTIVENESS DATE: 20040824 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLLEGE & UNIVERSITY FACILITY LOAN TRUST TWO CENTRAL INDEX KEY: 0000830977 IRS NUMBER: 042999011 STATE OF INCORPORATION: MA FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: N-CSRS SEC ACT: 1940 Act SEC FILE NUMBER: 811-05506 FILM NUMBER: 04994687 BUSINESS ADDRESS: STREET 1: C/O US BANK STREET 2: CORP TRUST DEPT ONE FEDERAL ST CITY: BOSTON STATE: MA ZIP: 02105 BUSINESS PHONE: 6176036406 MAIL ADDRESS: STREET 1: C/O US BANK STREET 2: CORPORATE TRUST DEPT ONE FEDERAL ST CITY: BOSTON STATE: MA ZIP: 02110 N-CSRS 1 d15040.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-CSR CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act file number: 811-05506 College and University Facility Loan Trust Two ----------------------------------- (Exact name of registrant as specified in charter) c/o U.S. Bank One Federal Street Boston, MA 02110 ----------------------------------- (Address of principal executive offices) (Zip code) Diana J. Kenneally U.S. Bank Corporate Trust Services One Federal Street Boston, MA 02110 ----------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: (617) 603-6406 Date of fiscal year end: November 30 Date of reporting period: December 1, 2003 - May 31, 2004 ITEM 1. REPORT TO STOCKHOLDERS. College and University Facility Loan Trust Two Financial Statements Six Months Ended May 31, 2004 Accountants' Compilation Report To the Owner Trustee of College and University Facility Loan Trust Two We have compiled the accompanying statement of assets and liabilities of College and University Facility Loan Trust Two (the "Trust"), including the schedule of investments, as of May 31, 2004, and the related statements of operations, cash flows, changes in net assets and financial highlights for the six months then ended, in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. The financial information for the years ended November 30, 2003, 2002, 2001, 2000 and 1999, presented herein for comparative purposes, was audited by other auditors, whose report thereon dated January 29, 2004 expressed an unqualified opinion, except for the effect on the 2003 and 2002 financial statements of accounting for investments under the amortized cost method of accounting as described in Note 2 to the financial statements. A compilation is limited to presenting in the form of financial statements information that has been obtained from the books and records of the Trust. We have not audited or reviewed the accompanying financial statements or supplemental material and, accordingly, do not express an opinion or any other form of assurance on them. However, we did become aware of a departure from accounting principals generally accepted in the United States of America that is described in the following paragraph. As disclosed in Note 2 to the financial statements, the Trust is accounting for its investments under the amortized cost method of accounting, adjusted by an allowance for loan losses. Accounting principals generally accepted in the United States of America require that the investments be accounted for under the fair value method of accounting. Accounting for the investments under the fair value method of accounting, based on the Trust's estimate of fair value as described in Note 8, would result in an increase of approximately $23,219,000 in the recorded value of the investments and an increase in unrealized appreciation of investment of approximately $23,219,000 as of May 31, 2004. We are not independent with respect to College and University Facility Loan Trust Two. /s/ BDO Seidman, LLP July 15, 2004 College and University Facility Loan Trust Two Statement of Assets and Liabilities ================================================================================
May 31, 2003 ====================================================================================== Assets: Investments, at amortized cost, net of allowance for loan losses of $1,432,376 (Notes 2, 6, 7 and 8, and Schedule of Investments) $ 86,078,149 Cash 149,062 Prepaid expenses 13,750 Interest receivable 861,615 Deferred bond issuance costs (Note 2) 268,261 - -------------------------------------------------------------------------------------- Total assets 87,370,837 - -------------------------------------------------------------------------------------- Liabilities: Bonds payable, net of unamortized discount (Notes 3 and 8) 71,613,566 Interest payable (Note 3) 1,793,564 Accrued expenses and other liabilities 221,042 Distribution payable to Class B certificateholders (Note 5) 1,381,128 - -------------------------------------------------------------------------------------- Total liabilities 75,009,300 - -------------------------------------------------------------------------------------- Net Assets: Class B certificates, par value $1 - authorized, issued and outstanding - 1,763,800 certificates (Note 5) 1,763,800 Distributions in excess of tax earnings (Notes 2 and 5) (2,545,026) Additional paid-in capital (Note 2) 13,142,763 - -------------------------------------------------------------------------------------- Total net assets $ 12,361,537 ====================================================================================== Net asset value per Class B certificate (based on 1,763,800 certificates outstanding) $ 7.01 ======================================================================================
See accompanying accountants' compilation report and notes to financial statements. 3 College and University Facility Loan Trust Two Statement of Operations ================================================================================
Six months ended May 31, 2004 ====================================================================================== Investment income: Interest income (Note 2) $5,612,819 - -------------------------------------------------------------------------------------- Expenses: Interest expense (Notes 2 and 3) 3,756,425 Servicer fees (Note 4) 44,968 Trustee fees (Note 4) 22,665 Other trust and bond administration expenses 158,162 - -------------------------------------------------------------------------------------- Total expenses 3,982,220 - -------------------------------------------------------------------------------------- Net investment income 1,630,599 - -------------------------------------------------------------------------------------- Net increase in net assets resulting from operations $1,630,599 ======================================================================================
See accompanying accountants' compilation report and notes to financial statements. 4 College and University Facility Loan Trust Two Statement of Cash Flows ================================================================================
Six months ended May 31, 2004 ====================================================================================== Cash flows from operating activities: Interest received $ 2,096,644 Interest paid (1,975,195) Operating expenses paid (280,004) - -------------------------------------------------------------------------------------- Net cash used in operating activities (158,555) - -------------------------------------------------------------------------------------- Cash flows from investing activities: Net increase in funds held under investment agreements 1,430,476 Principal payments on Loans 10,187,032 - -------------------------------------------------------------------------------------- Net cash provided by investing activities 11,617,508 - -------------------------------------------------------------------------------------- Cash flows from financing activities: Principal repayments on Bonds (9,081,538) Distributions to Class B certificateholders (2,278,353) - -------------------------------------------------------------------------------------- Net cash used in financing activities (11,359,891) - -------------------------------------------------------------------------------------- Net increase in cash 99,062 Cash, beginning of period 50,000 - -------------------------------------------------------------------------------------- Cash, end of period $ 149,062 ====================================================================================== Reconciliation of net increase in net assets resulting from operations to net cash used for operating activities: Net increase in net assets resulting from operations $ 1,630,599 Increase in prepaid expenses (13,750) Decrease in interest receivable 24,095 Decrease in accrued expenses and other liabilities (40,459) Decrease in Bond interest payable (181,631) Amortization of original issue discount on Bonds 1,933,026 Amortization of purchase discount on Loans (3,540,270) Amortization of deferred Bond issuance costs 29,835 - -------------------------------------------------------------------------------------- Net cash used in operating activities $ (158,555) ======================================================================================
See accompanying accountants' compilation report and notes to financial statements. 5 College and University Facility Loan Trust Two Statement of Changes in Net Assets (Note 2(f)) ================================================================================
For the Six Months Ended Year Ended May 31, November 30, 2004 2003 =================================================================================================== (Unaudited) (Audited) From operations: Net investment income $ 1,630,599 $ 1,838,312 - --------------------------------------------------------------------------------------------------- Net increase in net assets applicable to Class B certificateholders resulting from operations 1,630,599 1,838,312 - --------------------------------------------------------------------------------------------------- Capital certificate transactions: Distributions to Class B certificateholders (Note 5) 1,381,128 (3,204,355) - --------------------------------------------------------------------------------------------------- Net increase (decrease) in net assets 249,471 (1,366,043) Net assets: Beginning of period 12,112,066 13,478,109 - --------------------------------------------------------------------------------------------------- End of period $12,361,537 $12,112,066 ===================================================================================================
See accompanying accountants' compilation report and notes to financial statements. 6 College and University Facility Loan Trust Two Financial Highlights (Notes 1 and 5) ================================================================================
For the Six Months Ended Years Ended November 30, May 31, ------------------------------------------------------------------------------ 2004 2003 2002 2001 2000 1999 ==================================================================================================================================== (Unaudited) (Audited) ------------------------------------------------------------------------------ Net asset value, beginning of period $6.87 $ 7.64 $ 8.53 $ 9.01 $10.05 $ 9.45 Net investment income .92 1.04 1.37 1.15 1.34 1.38 Provision for loan losses -- -- -- -- (.17) -- Dividends to Class A Preferred certificateholders: From net investment income -- -- -- -- -- -- As tax return of capital -- -- -- -- -- (.11) Distribution to Class B certificateholders: As tax return of capital (.78) (1.81) (2.26) (1.63) (2.21) (.67) - ------------------------------------------------------------------------------------------------------------------------------------ Net asset value, end of period $7.01 $ 6.87 $ 7.64 $ 8.53 $ 9.01 $10.05 ==================================================================================================================================== Total investment return (a) N/A N/A N/A N/A N/A N/A Net assets applicable to Class A Preferred certificates, end of period $ -- $ -- $ -- $ -- $ -- $ -- ==================================================================================================================================== Net assets applicable to Class B certificates, end of period $12,361,537 $12,112,066 $13,478,109 $15,039,698 $15,898,314 $17,724,801 ==================================================================================================================================== Ratios and Supplemental Data: Ratio of operating expenses to average net assets applicable to Class B certificates 65.09%(b)(c) 66.777%(b) 70.03%(b) 69.21%(b) 73.02%(b) 78.42%(b) Ratio of net investment income to average net assets applicable to Class B certificates 26.65(c) 14.37% 16.97% 13.05% 14.10% 14.13% Number of Class B certificates outstanding, end of period 1,763,800 1,763,800 1,763,800 1,763,800 1,763,800 1,763,800 (a) The Trust's investments are recorded at amortized cost as discussed in Note 2. Accordingly, the financial statements do not reflect the market value of such investments. For this reason, management believes that no meaningful information can be provided regarding "Total Investment Return" and has not included information under that heading. (b) Excluding interest expense, the ratio of operating expenses to average net assets applicable to Class B Certificates was 3.69%(c), 3.26%, 2.76%, 2.72%, 2.53% and 2.57% in 2004, 2003, 2002, 2001, 2000 and 1999, respectively. (c) Annualized. See accompanying accountants' compilation report and notes to financial statements.
7 College and University Facility Loan Trust Two Notes to Financial Statements ================================================================================ 1. Organization College and University Facility Loan Trust Two (the Trust) and Business was formed on March 11, a 1988 as a business trust under the laws of the Commonwealth of Massachusetts by a declaration of trust by the Bank of Boston (the Owner Trustee), succeeded by State Street Bank and Trust Company, succeeded by US Bank (successor Owner Trustee), not in its individual capacity but solely as Owner Trustee. The Trust is registered under the Investment Company Act of 1940 (as amended) as a diversified, closed-end, management investment company. The Trust was formed for the sole purpose of raising funds through the issuance and sale of bonds (the Bonds). The Trust commenced operations on May 12, 1988 (the Closing Date) and issued Bonds in four tranches in the aggregate principal amount (at maturity) of $450,922,000. The Bonds constitute full recourse obligations of the Trust. The collateral securing the Bonds consists primarily of a pool of college and university facility loans (the Loans) to various postsecondary educational institutions and funds held under the indenture (the Indenture) and the investment agreements. The Loans were originated by, or previously assigned to, the United States Department of Education (ED) under the College Housing Loan Program or the Academic Facilities Loan Program. The Loans, which have been assigned to J.P. Morgan Trust Company, National Association, as successor in interest to Bank One Trust Company, NA, formerly The First National Bank of Chicago (the Bond Trustee), are secured by various types of collateral, including mortgages on real estate, general recourse obligations of the borrowers, pledges of securities and pledges of revenues. As of the Closing Date, the Loans had a weighted average stated interest rate of approximately 3.18% and a weighted average remaining term to maturity of approximately 18.77 years. Payments on the Loans are managed by the Bond Trustee in various fund accounts and are invested under investment contracts (Note 2) as specified in the Indenture. See accompanying accountants' compilation report. 8 College and University Facility Loan Trust Two Notes to Financial Statements ================================================================================ 1. Organization and All payments on the Loans and earnings under the Business investment agreements and any required transfers from the (Continued) Expense and Liquidity Funds are deposited to the credit of the Revenue Fund held by the Bond Trustee, as defined within, and in accordance with the Indenture. On each bond payment date, amounts on deposit in the Revenue Fund are applied in the following order of priority: to pay amounts due on the Bonds, to pay administrative expenses not previously paid from the Expense Fund, to fund the Expense Fund to the Expense Fund Requirement and to fund the Liquidity Fund to the Liquidity Fund Requirement. Any funds remaining in the Revenue Fund on such payment date will be used to further pay down the Bonds to the extent of the maximum principal distribution amount, after which any residual amounts are paid to the certificateholders. On the Closing Date, certificates were issued by the Trust to ED as partial payments for the Loans. In December 1989, ED sold, through a private placement, all of its ownership interest in the Trust. 2. Summary of (a) College and University Facility Loans Significant Accounting The Loans were purchased and recorded at a discount below Policies par. Pursuant to a "no-action letter" that the Trust received from the Securities and Exchange Commission, the Loans, included in investments in the accompanying statement of assets and liabilities, are being accounted for under the amortized cost method of accounting. Under this method, the difference between the cost of each Loan to the Trust and the scheduled principal and interest payments is amortized, assuming no prepayments of principal, and included in the Trust's income by applying the Loan's effective interest rate to the amortized cost of that Loan. When a Loan prepays, the remaining discount is recognized as interest income. The remaining balance of the purchase discount on the Loans as of May 31, 2004 was approximately $30,152,000. As a result of prepayments of Loans in the six months ended May 31, 2004, additional interest income of approximately $1,255,000 was recognized. See accompanying accountants' compilation report. 9 College and University Facility Loan Trust Two Notes to Financial Statements ================================================================================ 2. Summary of (a) College and University Facility Loans (Continued) Significant Accounting The Trust's policy is to discontinue the accrual of Policies interest on Loans for which payment of principal or (Continued) interest is 180 days or more past due or for other such Loans that management believes the collection of interest and principal is doubtful. When a Loan is placed on nonaccrual status, all previously accrued but uncollected interest is reversed against the current period's interest income. Subsequently, interest income is generally recognized when received. Payments are generally applied to interest first, with the balance, if any, applied to principal. At May 31, 2004, no loans have been placed on nonaccrual status. Accounting principles generally accepted in the United States of America (GAAP), requires that the Loans be accounted for under the fair value method of accounting. However, management believes that the amortized cost method of accounting best serves the informational needs of the users of the Trust's financial statements. (b) Other Investments Other investments, which are included in investments in the accompanying statement of assets and liabilities, consist of two investment agreements issued by JP Morgan Chase Bank, bearing fixed rates of interest of 7.05% and 7.75%. These investments may take the form of repurchase agreements (the underlying collateral of which shall be as to form and substance acceptable to each nationally recognized statistical rating agency that rates the Bonds), time deposits or other lawful investments at JP Morgan Chase Bank's option. These investments are carried at amortized cost. These investment agreements terminate on the earlier of June 1, 2018 or the date on which the Bonds are paid-in-full. GAAP requires that the investments be accounted for under the fair value method of accounting. However, management believes that the amortized cost method of accounting best serves the informational needs of the users of the Trust's financial statements. See accompanying accountants' compilation report. 10 College and University Facility Loan Trust Two Notes to Financial Statements ================================================================================ 2. Summary of (c) Federal Income Taxes Significant Accounting It is the Trust's policy to comply with the requirements Policies applicable to a regulated investment company under (Continued) Subchapter M of the Internal Revenue Code of 1986, as amended, and to distribute substantially all of its investment company taxable income to its certificateholders each year. Accordingly, no federal or state income tax provision is required. For tax purposes, the Loans were transferred to the Trust at their face values. Accordingly, the accretion of the purchase discount creates a permanent book-tax difference. (d) Deferred Bond Issuance Costs Deferred Bond issuance costs are being amortized using the effective interest rate method over the estimated lives of the Bonds, which are based on the scheduled payments of the Loans. When Loan prepayments occur, an additional portion of the deferred issuance costs is expensed in the year the prepayment occurred, so that the future effective interest rate remains unchanged. (e) Accounting for Impairment of a Loan and Allowance for Loan Losses The allowance for loan losses is based on the Trust's evaluation of the level of the allowance required to reflect the risks in the loan portfolio, based on circumstances and conditions known or anticipated at each reporting date. The methodology for assessing the appropriateness of the allowance consists of a review of the following three key elements: (1) a valuation allowance for loans identified as impaired, (2) a formula-based general allowance for the various loan portfolio classifications, and (3) an unallocated allowance. See accompanying accountants' compilation report. 11 College and University Facility Loan Trust Two Notes to Financial Statements ================================================================================ 2. Summary of (e) Accounting for Impairment of a Loan and Allowance for Significant Loan Losses (Continued) Accounting Policies A loan is impaired when, based on current information and (Continued) events, it is probable that the Trust will be unable to collect all amounts due in accordance with the contractual terms of the loan agreement. Loans identified as impaired are further evaluated to determine the estimated extent of impairment. The formula-based general allowance is derived primarily from a risk-rating model that grades loans based on general characteristics of credit quality and relative risk. As credit quality for individual loans deteriorates, the risk rating and the allowance allocation percentage increases. The sum of these allocations comprise the Trust's formula-based general allowance. In addition to the valuation and formula-based general allowance, there is an unallocated allowance. This element recognizes the estimation risks associated with the valuation and formula-based models. It is further adjusted for qualitative factors including, among others, general economic and business conditions, credit quality trends, and specific industry conditions. There are inherent uncertainties with respect to the final outcome of loans and as such, actual losses may differ from the amounts reflected in the financial statements. See accompanying accountants' compilation report. 12 College and University Facility Loan Trust Two Notes to Financial Statements ================================================================================ 2. Summary of (f) Presentation of Capital Distributions Significant Accounting Capital distributions are accounted for in accordance with Policies the American Institute of Certified Public Accountants (Continued) Statement of Position (SOP) 93-2, "Determination, Disclosure and Financial Statement Presentation of Income, Capital Gain and Return of Capital Distributions by Investment Companies." SOP 93-2 requires the Trust to report distributions that are in excess of tax-basis earnings and profits as a tax return of capital and to present the capital accounts on a basis that approximates the amounts that are available for future distributions on a tax basis. As of November 30, 2003, all tax earnings and profits have been distributed. Accordingly, all accumulated undistributed net investment income has been reclassified to paid-in capital. This reclassification results from permanent book and tax differences such as the receipt of tax-exempt interest income on certain Loans, the related interest expense on the Bonds, and the accretion of purchase discount on the Loans. Amounts deducted for the loan loss reserve are not currently deductible for tax purposes and have been reclassified as an accumulated deficit. These reclassifications had no impact on the net investment income or net assets of the Trust. The Trust expects to have a tax return of capital for the fiscal year ending November 30, 2004; however, the amount cannot be reasonably estimated at May 31, 2004. See accompanying accountants' compilation report. 13 College and University Facility Loan Trust Two Notes to Financial Statements ================================================================================ 2. Summary of (g) Use of Estimates Significant Accounting The preparation of financial statements in conformity with Policies accounting principles generally accepted in the United (Continued) States requires us to make estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities at the date of the financial statements and for the period then ended. On an on-going basis, the Trust evaluates the estimates used, including those related to the allowance for loan losses. The Trust bases its estimates on historical experience, actuarial estimates, current conditions and various other assumptions that the Trust believes to be reasonable under the circumstances. These estimates form the basis for making judgments about the carrying values of assets and liabilities and are not readily apparent from other sources. These estimates are used to assist the Trust in the identification and assessment of the accounting treatment necessary with respect to commitments and contingencies. Actual results may differ from these estimates under different assumptions or conditions. The allowance for loan losses is a critical accounting policy that requires estimates and assumptions to be made in the preparation of the Trust's financial statements. The allowance for loan losses is based on the Trust's evaluation of the level of the allowance required in relation to the estimated loss exposure in the loan portfolio. The allowance for loan losses is a significant estimate and is therefore regularly evaluated for adequacy by taking into consideration factors such as prior loan loss experience, the character and size of the loan portfolio, business and economic conditions and the Trust's estimation of future losses. The use of different estimates or assumptions could produce different provisions for loan losses. See Note 2(e) for a detailed description of the Trust's estimation process and methodology related to the allowance for loan losses. See accompanying accountants' compilation report. 14 College and University Facility Loan Trust Two Notes to Financial Statements ================================================================================ 3. Bonds The Bonds outstanding at May 31, 2004 consist of the following:
Outstanding Unamortized Carrying Interest Stated Principal Discount Amount Type Rate Maturity (000's) (000's) (000's) ------------------------------------------------------------------------------------ Sequential 4.00% June 1, 2018 $89,678 $18,064 $71,614
Interest on the Bonds is payable semiannually. On June 1, 2004, the Trust made a principal payment of $6,941,626 on the Bonds. Principal payments on the Bonds will be made prior to the respective stated maturities on each bond payment date in an amount equal to the lesser of either (1) amounts available in the Revenue Fund after certain required payments of interest and principal (at the stated maturity of the Bonds) and administrative expenses after required transfers to the Expense Fund and the Liquidity Fund (such that the amounts on deposit are equal to the Expense Fund Requirement and the Liquidity Fund Requirement, respectively), or (2) the Maximum Principal Distribution Amount, as defined within the Indenture. These principal payments will be applied to each class of Bonds in the order of their stated maturities, so that no payment of principal will be made on the Bonds of any class until all Bonds having an earlier stated maturity have been paid in full. See accompanying accountants' compilation report. 15 College and University Facility Loan Trust Two Notes to Financial Statements ================================================================================ 3. Bonds The estimated aggregate principal payments on the Bonds (Continued) at May 31, 2004 after taking into consideration actual Loan prepayments, Defaulted Loans and the Maximum Principal Distribution Amount, as defined in the Indenture, are as follows:
Amount Fiscal Year (000's) =========================================================== 2004 $ 6,942 2005 10,714 2006 9,283 2007 8,241 2008 7,274 Thereafter 47,224 ----------------------------------------------------------- Total $ 89,678 ===========================================================
Actual Bond principal payments may differ from estimated payments because borrowers may prepay or default on their obligations. The Bonds are not subject to optional redemption by either the Trust or the bondholders. In the event of negative cash flows, a Liquidity Fund has been established and maintained such that, on or before such payment date, the Liquidity Fund may be used by the Bond Trustee to make any required payments on the Bonds and to pay operating expenses of the Trust. The original issue discount is being amortized using the effective interest rate method over the estimated lives of the Bonds, which are based on the scheduled payments of the Loans. Accordingly, loan prepayments have the effect of accelerating bond payments. When Bond payments occur sooner than estimated payments, a portion of the original issue discount is expensed in the year of prepayment, so that the future effective interest rate on the Bonds remains unchanged. See accompanying accountants' compilation report. 16 College and University Facility Loan Trust Two Notes to Financial Statements ================================================================================ 4. Administrative (a) Servicer Agreements As compensation for the services provided under the servicing agreement, GMAC Commercial Mortgage receives a servicing fee. The fee is earned each date payments are received on each Loan and is equal to 0.075 of 1% of the outstanding principal balance of each Loan divided by the number of payments of principal and interest in a calendar year. For the six months ended May 31, 2004, this fee totaled $43,368. GMAC Commercial Mortgage is reimbursed by the Trust for out-of-pocket expenses incurred in connection with the inspection of buildings and property used as collateral for the loans. For the six months ended May 31, 2004, out-of-pocket expenses totalled $1,600. (b) Trustees As compensation for services provided, the Owner and Bond Trustees are entitled under the Declaration of Trust and the Indenture to receive the following fees: o The Owner Trustee, in its capacities as manager of the Trust and as Owner Trustee, earned fees of $7,500 and $6,250, respectively, for the six months ended May 31, 2004. o The Bond Trustee is entitled to an annual fee equal to 0.015 of 1% of the aggregate outstanding principal of the Bonds on the bond payment date immediately preceding the date of payment of such fee. The Bond Trustee is also reimbursed for out-of-pocket expenses in an amount not to exceed 4% of the applicable annual fee. In addition, the Bond Trustee is reimbursed for other agreed-upon related expenses. For the six months ended May 31, 2004, total Bond Trustee fees and out-of-pocket expenses amounted to $8,915. See accompanying accountants' compilation report. 17 College and University Facility Loan Trust Two Notes to Financial Statements ================================================================================ 5. Certificates Holders of each of the Class B certificates receive amounts paid to the Owner Trustee pursuant to the Declaration of Trust on a pro rata basis. On June 1, 2004, a distribution of $1,381,128 was made to the Class B certificateholders. This payment is reflected as a liability in the accompanying statement of assets and liabilities. While the Bonds are outstanding, distributions to the Class B certificateholders are made on the second business day in each June and December (the Distribution Date) and, after the Bonds are paid in full, on the first business day of each calendar month. The certificateholders shall each be entitled to one vote per certificate. 6. Allowance For An analysis of the allowance for loan losses for the six Loan Losses months ended May 31, 2004 is summarized as follows: Balance, beginning of year $ 1,432,376 Provision -- Charge-offs -- ----------------------------------------------------------- Balance, end of year $ 1,432,376 ===========================================================
At May 31, 2004, there were no recorded investments in loans that are considered to be impaired. See Note 2(e) for a discussion of the Trust's impaired loan accounting policy. See accompanying accountants' compilation report. 18 College and University Facility Loan Trust Two Notes to Financial Statements ================================================================================ 7. Loans Scheduled principal and interest payments on the Loans as of May 31, 2004, excluding payments for Loans in Default, as defined in the Indenture, are as follows:
Principal Interest Payments Payments Total Fiscal year (000's) (000's) (000's) =========================================================== 2004 $ 8,180 $ 1,645 $ 9,825 2005 11,300 2,919 14,219 2006 9,854 2,573 12,427 2007 9,013 2,272 11,285 2008 8,080 2,000 10,080 Thereafter 56,948 9,142 66,090 ----------------------------------------------------------- Total $103,375 $20,551 $123,926 ===========================================================
Expected payments may differ from contractual payments because borrowers may prepay or default on their obligations. Accordingly, actual principal and interest on the Loans may vary significantly from the scheduled payments. As of May 31, 2004, there were no Loans in Default. See accompanying accountants' compilation report. 19 College and University Facility Loan Trust Two Notes to Financial Statements ================================================================================ 7. Loans The following analysis summarize the stratification of the (Continued) Loan portfolio by type of collateral and institution as of May 31, 2004:
Amortized Number Cost Type of Collateral of Loans (000's) % =========================================================== Loans secured by a first mortgage 143 $44,480 60.8% Loans not secured by a first mortgage 70 28,743 39.2 ----------------------------------------------------------- Total Loans 213 $73,223 100.0% =========================================================== Amortized Number Cost Type of Institution of Loans (000's) % =========================================================== Private 147 $44,869 61.3% Public 66 28,354 38.7 ----------------------------------------------------------- Total Loans 213 $73,223 100.0% ===========================================================
The ability of a borrower to meet future debt service payments on a Loan will depend on a number of factors relevant to the financial condition of such borrower, including, among others, the size and diversity of the borrower's sources of revenues; enrollment trends; reputation; management expertise; the availability and restrictions on the use of endowments and other funds; the quality and maintenance costs of the borrower's facilities and, in the case of some Loans to public institutions, which are obligations of a state, the financial condition of the relevant state or other governmental entity and its policies with respect to education. The ability of a borrower to maintain enrollment levels will depend on such factors as tuition costs, geographical location, geographic diversity, quality of the student body, quality of the faculty and the diversity of program offerings. See accompanying accountants' compilation report. 20 College and University Facility Loan Trust Two Notes to Financial Statements ================================================================================ 7. Loans The collateral for Loans that are secured by a mortgage on (Continued) real estate generally consists of special purpose facilities, such as dormitories, dining halls and gymnasiums, which are integral components of the overall educational setting. As a result, in the event of borrower default on a Loan, the Trust's ability to realize the outstanding balance of the Loan through the sale of the underlying collateral may be negatively impacted by the special purpose nature and location of such collateral. 8. Fair Value Statement of Financial Accounting Standards No. 107, of Financial "Disclosures about Fair Value of Financial Instruments," Instruments allows for the use of a wide range of valuation techniques; therefore, it may be difficult to compare the Trust's fair value information to independent markets or to other fair value information. Accordingly, the fair value information presented below does not purport to represent, and should not be construed to represent, the underlying market value of the Trust's net assets or the amounts that would result from the sale or settlement of the related financial instruments. Further, as the assumptions inherent in fair value estimates change, the fair value estimates will change. Current market prices are not available for most of the Trust's financial instruments since an active market generally does not exist for such instruments. In accordance with the terms of the Indenture, the Trust is required to hold all of the Loans to maturity and to use the cash flows therefrom to retire the Bonds. Accordingly, the Trust has estimated the fair values of its financial instruments using a discounted cash flow methodology. This methodology is similar to the approach used at the formation of the Trust to determine the carrying amounts of these items for financial reporting purposes. In applying the methodology, the calculations have been adjusted for the change in the relevant market rates of interest, the estimated duration of the instruments and an internally developed credit risk rating of the instruments. All calculations are based on the scheduled principal and interest payments on the Loans because the prepayment rate on these Loans is not subject to estimate. See accompanying accountants' compilation report. 21 College and University Facility Loan Trust Two Notes to Financial Statements ================================================================================ 8. Fair Value The estimated fair value of each category of the Trust's of Financial financial instruments and the related book value presented Instruments in the accompanying statement of assets and liabilities as (Continued) of May 31, 2004 is as follows:
Amortized Cost Fair Value (000's) (000's) =========================================================== Loans $71,791* $ 94,115 Investment Agreements: Revenue Fund 12,338 13,011 Liquidity Fund 1,949 2,171 ----------------------------------------------------------- $86,078 $109,297 =========================================================== Bonds $71,614 $ 84,927 ===========================================================
*Net of allowance for loan losses of $1,432,376. See accompanying accountants' compilation report. 22 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST TWO ---------------------------------------------- SCHEDULE OF INVESTMENTS ----------------------- May 31,2004 ----------- (Dollar Amounts in Thousands)
Outstanding Stated Internal Amortized Principal Interest Maturity Rate of Cost (Notes Balance Description Rate % Date Return % (A) 1 and 2) - ---------- ------------------------------------------------- ---------- ---------- ------------ ------------- COLLEGE AND UNIVERSITY LOANS (83.4%) ---------- ALABAMA -------- $145 Alabama Agricultural and Mechanical University 3.000-3.750 07/01/2005 10.25 $134 1,465 Alabama Agricultural and Mechanical University 3.000 05/01/2018 10.27 941 1,745 Auburn University 3.000 12/01/2018 9.16 1,147 145 Huntingdon College 3.000 10/01/2008 10.60 121 295 Talladega College 3.000 12/01/2012 10.24 216 1,050 University of Alabama in Birmingham 3.000 11/01/2008 7.97 933 ---------- ARKANSAS -------- 78 University of Central Arkansas 3.000 04/01/2005 10.69 72 ---------- CALIFORNIA -------- 158 Azusa Pacific University 3.750 04/01/2015 10.88 110 485 California Polytechnic State University 3.000 11/01/2007 10.05 424 140 California State University 3.000 11/01/2006 8.75 129 905 California State University 3.000 11/01/2013 8.93 695 2,178 California State University 3.000 11/01/2019 8.99 1,462 405 Chapman College 3.000 10/01/2013 10.65 288 107 Chapman College 3.000 11/01/2005 10.63 99 112 Chapman College 3.000 11/01/2007 10.57 97 24 Gavilan College 3.000 04/01/2006 10.59 21 379 Lassen Junior College District 3.000 04/01/2020 10.27 231 232 Occidental College 3.000 10/01/2019 10.41 143 365 San Diego State University 3.000 11/01/2006 10.04 330 1,325 University Student Co-Operative Association 3.000 04/01/2019 10.70 828 250 West Valley College 3.000 04/01/2009 10.50 203 ---------- COLORADO -------- 230 Fort Lewis College 3.000 10/01/2006 10.09 207 375 Regis College (Denver) 3.000 11/01/2012 10.47 278 ---------- DELAWARE -------- 150 Wesley College 3.375 05/01/2013 10.88 111 500 University of Delaware 3.000 11/01/2006 9.08 457 534 University of Delaware 3.000 12/01/2018 8.81 356 ---------- FLORIDA -------- 240 Embry-Riddle Aeronautical University 3.000 09/01/2007 10.64 206 38 Florida Agricultural and Mechanical University 3.625 07/01/2004 10.29 36 17 Florida Atlantic University 3.500 07/01/2004 10.27 16 145 Florida Atlantic University 3.000 07/01/2006 10.18 129 116 Florida Institute of Technology 3.000 11/01/2009 10.53 94 355 Florida State University 3.000 01/01/2009 9.40 300 180 Nova University 3.000 12/01/2007 10.04 151 58 Stetson University 3.000 01/01/2006 11.25 51 255 University of Central Florida 3.000 10/01/2007 10.08 222
See accompanying accountants' compilation report and notes to financial statements. 23 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST TWO ---------------------------------------------- SCHEDULE OF INVESTMENTS ----------------------- May 31,2004 ----------- (Dollar Amounts in Thousands) (continued)
Outstanding Stated Internal Amortized Principal Interest Maturity Rate of Cost (Notes Balance Description Rate % Date Return % (A) 1 and 2) - ---------- ------------------------------------------------- ---------- ---------- ------------ ------------- $1,725 University of Florida 3.000 07/01/2014 10.15 $1,217 280 University of South Florida 3.750 07/01/2005 10.30 259 ---------- GEORGIA -------- 121 Emmanuel College 3.000 11/01/2013 10.45 87 103 Georgia Education Authority Board of Regents of the University System of Georgia 3.375 01/01/2003 10.60 103 165 LaGrange College 3.000 03/01/2009 11.06 131 348 Mercer University 3.000 05/01/2014 10.58 246 570 Morehouse College 3.000 07/01/2010 10.50 434 81 Morris Brown College 3.750 05/01/2007 11.12 70 1,205 Morris Brown College 2.750-3.750 05/01/2018 10.89 782 743 Paine College 3.000 10/01/2016 10.45 493 ---------- ILLINOIS -------- 585 Concordia College 3.000 05/01/2019 10.65 354 132 Kendall College 3.000 10/01/2008 10.59 110 100 Knox College 3.000 04/01/2006 11.15 89 960 Sangamon State University 3.000 11/01/2018 10.12 628 ---------- INDIANA -------- 70 Anderson University 3.000 03/01/2006 11.19 62 215 Purdue University 3.625 07/01/2004 9.33 206 78 Purdue University 3.000 07/01/2005 9.26 73 197 Taylor University 3.000 10/01/2012 10.50 146 611 Taylor University 3.000 10/01/2013 10.49 441 820 University of Notre Dame 3.000 02/15/2019 10.62 507 3,310 Vincennes University 3.000 06/01/2023 9.02 2,032 ---------- IOWA -------- 47 NIACC Dormitories, Inc. 3.000 10/01/2012 10.27 35 254 Simpson College 3.000 07/01/2016 10.58 166 73 Waldorf College 3.000 07/01/2005 10.77 67 100 Wartburg College 3.750 04/01/2011 11.00 77 ---------- KANSAS -------- 80 Fort Hays State University 3.000 10/01/2007 10.08 70 45 Hesston College 3.000 04/01/2006 11.14 40 ---------- KENTUCKY -------- 269 Georgetown College 3.000 12/01/2008 10.04 219 520 Georgetown College 3.000 12/01/2009 10.05 410 156 Spalding University 3.000 09/01/2007 10.66 137 302 Transylvania University 3.000 11/01/2010 10.51 238 ---------- LOUISIANA -------- 100 Dillard University 3.000 04/01/2008 11.09 85 166 Louisiana State University 3.625 07/01/2004 9.04 159 98 Louisiana State University 3.000 07/01/2005 8.84 92
See accompanying accountants' compilation report and notes to financial statements. 24 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST TWO ---------------------------------------------- SCHEDULE OF INVESTMENTS ----------------------- May 31,2004 ----------- (Dollar Amounts in Thousands) (continued)
Outstanding Stated Internal Amortized Principal Interest Maturity Rate of Cost (Notes Balance Description Rate % Date Return % (A) 1 and 2) - ---------- ------------------------------------------------- ---------- ---------- ------------ ------------- $115 Louisiana State University 3.000 07/01/2006 8.87 $106 ---------- MARYLAND -------- 221 Hood College 3.625 11/01/2014 10.54 161 1,660 Morgan State University 3.000 11/01/2014 10.56 1,158 ---------- MASSACHUSETTS -------- 278 Hampshire College 3.000 07/01/2013 10.75 196 1,014 Hampshire College 3.000 02/01/2014 10.70 709 32 Becker Junior College 3.000 04/01/2005 11.21 29 18 Boston Architectural Center 3.750 11/01/2004 10.77 17 188 Brandeis University 3.000 11/01/2011 10.64 143 750 College of the Holy Cross 3.625 10/01/2013 10.60 561 325 College of the Holy Cross 3.000 10/01/2006 10.63 290 2,436 Northeastern University 3.000 05/01/2018 10.53 1,549 318 Springfield College 3.500 05/01/2013 10.67 238 15 Springfield College 3.000 05/15/2005 10.11 15 1,985 Tufts University 3.000 10/01/2021 10.39 1,169 580 Wheaton College 3.500 04/01/2013 10.70 422 17 Wheelock College 3.000 05/01/2011 10.23 13 ---------- MICHIGAN -------- 87 Albion College 3.000 10/01/2009 10.56 70 81 Concordia College 3.000 04/01/2009 11.05 69 120 Harper Grace Hospital 3.625 04/01/2005 11.26 111 1,100 Mercy College of Detroit 3.625 10/01/2013 10.59 810 750 University of Michigan 3.750 10/01/2005 9.51 706 ---------- MINNESOTA -------- 324 College of Saint Thomas 3.000 11/01/2009 10.53 263 64 College of Santa Fe 3.000 10/01/2005 10.66 59 491 College of Santa Fe 3.000 10/01/2018 10.43 314 367 MacAlester College 3.000 05/01/2020 10.46 225 ---------- MISSISSIPPI -------- 1,309 Hinds Junior College 3.000 04/01/2013 10.42 964 496 Millsaps College 3.000 11/01/2021 10.34 293 1,290 Mississippi State University 3.000 12/01/2020 9.64 790 ---------- MISSOURI -------- 94 Central Missouri State University 3.625 07/01/2004 10.29 90 475 Central Missouri State University 3.000 07/01/2007 10.18 410 209 Drury College 3.000 04/01/2015 10.63 144 304 Drury College 3.000 10/01/2010 10.75 237 391 Southeast Missouri State University 3.000 04/01/2007 10.58 343 ---------- MONTANA -------- 270 Carroll College 3.750 06/01/2014 10.46 194 134 Carroll College 3.000 06/01/2018 10.15 85
See accompanying accountants' compilation report and notes to financial statements. 25 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST TWO ---------------------------------------------- SCHEDULE OF INVESTMENTS ----------------------- May 31,2004 ----------- (Dollar Amounts in Thousands) (continued)
Outstanding Stated Internal Amortized Principal Interest Maturity Rate of Cost (Notes Balance Description Rate % Date Return % (A) 1 and 2) - ---------- ------------------------------------------------- ---------- ---------- ------------ ------------- ---------- NEBRASKA -------- $16 Midland Lutheran College 3.000 04/01/2005 11.20 $15 ---------- NEW HAMPSHIRE -------- 119 New England College 3.000 04/01/2016 10.77 77 ---------- NEW JERSEY -------- 1,350 Fairleigh Dickinson University 3.000 11/01/2017 10.39 876 475 Newark Beth Israel Hospital 3.625 01/01/2014 11.06 331 1,350 Rider College 3.625 11/01/2013 10.42 1,005 342 Rider College 3.000 05/01/2017 10.70 219 520 Rutgers, The State University 3.750 05/01/2016 9.19 384 257 Seton Hill College 3.625 11/01/2014 10.53 185 ---------- NEW YORK -------- 772 College of Saint Rose 3.000 05/01/2022 10.43 449 470 Daemen College 3.000 04/01/2016 10.77 307 377 Dowling College 3.000 10/01/2010 10.75 295 853 D'Youville College 3.000 04/01/2018 10.90 525 1,384 Hofstra University 3.000 11/01/2012 10.61 1,021 127 Long Island University 3.750 05/01/2005 11.22 118 123 Long Island University 3.000 11/01/2009 10.69 99 429 Long Island University 3.000 11/01/2009 10.69 347 425 Long Island University 3.625 06/01/2014 10.49 303 21 Long Island University 3.750 10/01/2004 10.79 20 659 Memorial Hospital for Cancer and Allied Diseases 3.375 04/01/2012 10.68 496 85 SUNY, Mohawk Valley Community College 3.000 04/01/2005 10.26 79 309 Utica College 3.000 11/01/2009 10.53 251 ---------- NORTH CAROLINA -------- 137 Catawba College 3.000 12/01/2009 10.27 107 310 Elizabeth City State University 3.000 10/01/2017 10.02 206 196 High Point College 3.000 12/01/2010 10.26 148 69 Lenoir Rhyne College 3.000 12/01/2006 10.04 60 105 North Carolina State University 3.625 09/01/2004 7.97 102 27 Queens College 3.625 07/01/2004 10.90 26 18 Saint Mary's College 3.000 03/01/2005 11.25 17 342 Saint Mary's College 3.000 06/01/2020 10.14 206 202 University of North Carolina 3.000 11/01/2005 8.81 192 280 University of North Carolina 3.000 01/01/2008 9.50 238 19 University of North Carolina 3.000 01/01/2007 9.50 17 ---------- OHIO -------- 51 Rio Grande College 3.000 03/30/2009 10.93 42 194 University of Steubenville 3.125 04/01/2010 10.98 151 570 Wittenberg University 3.000 05/01/2015 10.76 382 193 Wittenberg University 3.000 11/01/2017 10.39 125
See accompanying accountants' compilation report and notes to financial statements. 26 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST TWO ---------------------------------------------- SCHEDULE OF INVESTMENTS ----------------------- May 31,2004 ----------- (Dollar Amounts in Thousands) (continued)
Outstanding Stated Internal Amortized Principal Interest Maturity Rate of Cost (Notes Balance Description Rate % Date Return % (A) 1 and 2) - ---------- ------------------------------------------------- ---------- ---------- ------------ ------------- $24 Wooster Business College 3.000 03/30/2009 10.88 $20 ---------- OKLAHOMA -------- 895 Cameron University 3.000 04/01/2007 10.16 779 400 Langston University 3.000 04/01/2007 10.56 345 40 Southern Nazarene University 3.750 04/01/2005 11.27 37 ---------- OREGON -------- 630 George Fox College 3.000 07/01/2018 10.64 395 67 Linfield College 3.000 10/01/2017 10.44 43 ---------- PENNSYLVANIA -------- 408 Albright College 3.000 11/01/2015 10.23 287 145 Carnegie-Mellon University 3.000 05/01/2009 10.73 117 795 Carnegie-Mellon University 3.000 11/01/2017 10.51 514 880 Drexel University 3.500 05/01/2014 10.53 635 490 Gannon University 3.000 11/01/2011 10.49 374 176 Gannon University 3.000 12/01/2022 10.13 101 175 Lycoming College 3.625 05/01/2014 10.64 126 245 Lycoming College 3.750 05/01/2015 10.62 173 162 Moravian College 3.375 11/01/2012 10.52 122 2,044 Philadelphia College of Art 3.000 01/01/2022 10.62 1,166 445 Saint Vincent College 3.500 05/01/2013 10.86 323 935 Villanova University 3.000 04/01/2019 10.70 565 292 York Hospital 3.000 05/01/2020 10.64 175 ---------- RHODE ISLAND -------- 70 Rhode Island College 3.000 10/01/2005 10.09 65 ---------- SOUTH CAROLINA -------- 22 Benedict College 3.750 11/01/2004 10.75 21 332 Benedict College 3.000 11/01/2006 10.61 300 1,532 Benedict College 3.000 11/01/2020 10.36 927 105 Clemson University 3.000 07/01/2005 9.51 98 85 Coker College 3.000 12/01/2009 10.04 67 44 Columbia College 3.625 07/01/2004 10.90 42 30 Columbia College 3.000 07/01/2006 10.80 27 368 Morris College 3.000 11/01/2009 10.53 299 ---------- SOUTH DAKOTA -------- 145 Dakota Wesleyan University 3.000 10/01/2015 10.46 99 ---------- TENNESSEE -------- 258 Cumberland University 3.000 08/01/2017 10.52 164 161 Hiwassee College 3.000 09/15/2018 10.58 101 ---------- TEXAS -------- 78 Cisco Junior College 3.000 07/01/2005 10.15 75 280 Houston Tillotson College 3.500 04/01/2014 10.90 197 225 McLennan Community College 3.000 04/01/2006 10.49 202
See accompanying accountants' compilation report and notes to financial statements. 27 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST TWO ---------------------------------------------- SCHEDULE OF INVESTMENTS ----------------------- May 31,2004 ----------- (Dollar Amounts in Thousands) (continued)
Outstanding Stated Internal Amortized Principal Interest Maturity Rate of Cost (Notes Balance Description Rate % Date Return % (A) 1 and 2) - ---------- ------------------------------------------------- ---------- ---------- ------------ ------------- $268 Southern Methodist University 3.000 10/01/2007 10.61 $231 1,830 Southwest Texas State University 3.000 10/01/2015 9.51 1,302 1,397 Stephen F. Austin State University 3.375-3.500 10/01/2012 9.57 1,089 411 Texas A & I University 3.000 07/01/2009 9.57 340 350 Texas Southern University 3.500 04/01/2013 10.45 257 546 University of Saint Thomas 3.000 10/01/2019 10.41 336 ---------- VERMONT -------- 116 Champlain College 3.000 12/01/2013 10.19 82 1,361 Saint Michael's College 3.000 05/01/2013 10.60 990 260 Vermont State College 3.000 06/01/2008 9.02 223 196 Vermont State College 3.000 07/01/2014 9.30 143 ---------- VIRGINIA -------- 1,040 James Madison University 3.000 06/01/2009 10.49 836 368 Lynchburg College 3.750 05/01/2015 10.64 263 510 Lynchburg College 3.000 05/01/2018 10.68 320 273 Mary Baldwin College 3.375 05/01/2012 10.68 206 475 Marymount University 3.000 05/01/2016 10.52 315 2,411 Norfolk State University 3.000 12/01/2021 9.77 1,449 180 Randolph-Macon College 3.000 05/01/2010 10.72 144 377 Saint Paul's College 3.000 11/01/2014 10.56 268 1,772 Virginia Commonwealth University 3.000 06/01/2011 10.01 1,360 185 Virginia Commonwealth University 3.000 06/01/2004 10.08 176 195 Virginia Wesleyan College 3.000 11/01/2009 10.54 161 128 Virginia Wesleyan College 3.000 11/01/2010 10.51 101 ---------- WASHINGTON -------- 145 Olympic Community College 3.000 10/01/2008 10.07 126 282 Seattle University 3.000 11/01/2008 10.55 236 110 Western Washington University 3.625 10/01/2004 10.18 106 140 Western Washington University 3.750 10/01/2005 10.19 131 ---------- WEST VIRGINIA -------- 211 Bethany College 3.375 11/01/2012 10.54 161 230 Bethany College 3.000 11/01/2017 10.40 150 363 Bethany College 3.000 11/01/2012 10.40 269 40 Wheeling College 3.000 11/01/2007 10.59 35 ---------- WISCONSIN -------- 348 Carroll College 3.750 03/01/2015 10.93 248 435 Marian College 3.000 10/01/2016 10.45 290 144 Saint Norbert College 3.000 04/01/2007 11.10 124
See accompanying accountants' compilation report and notes to financial statements. 28 COLLEGE AND UNIVERSITY FACILITY LOAN TRUST TWO ---------------------------------------------- SCHEDULE OF INVESTMENTS ----------------------- May 31,2004 ----------- (Dollar Amounts in Thousands) (continued)
Outstanding Stated Internal Amortized Principal Interest Maturity Rate of Cost (Notes Balance Description Rate % Date Return % (A) 1 and 2) - ---------- ------------------------------------------------- ---------- ---------- ------------ ------------- ---------- DISTRICT OF COLUMBIA -------- $2,399 Georgetown University 3.000 11/01/2020 10.36 $1,452 6,205 Georgetown University 4.000 11/01/2020 10.52 4,016 209 Georgetown University 3.000 05/01/2005 10.86 197 ---------- PUERTO RICO -------- 55 Inter American University of Puerto Rico 3.000 09/01/2007 10.66 48 1,924 Inter American University of Puerto Rico 3.000 01/01/2017 10.94 1,236 1,209 University of Puerto Rico, Rio Piedras Campus 3.000 06/01/2011 9.39 948 - -------- -------- 103,375 Total College and University Loans 73,223 - -------- -------- Allowance for Loan Losses 1,432 -------- Net Loans of the Trust 71,791 -------- INVESTMENT AGREEMENTS (16.6%) 1,949 JPMorgan Chase Bank - Liquidity Fund 7.750 06/01/2018 7.750 1,949 12,338 JPMorgan Chase Bank - Revenue Fund 7.050 06/01/2018 7.050 12,338 - -------- -------- 14,287 Total Investment Agreements 14,287 - -------- -------- $117,662 Total Investments (100.0%) $86,078 ======== ========
(A) Represents the rate of return based on the contributed cost and the amortization to maturity. See accompanying accountants' compilation report and notes to financial statements. 29 ITEM 2. CODE OF ETHICS Not applicable to the registrant. ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT Not applicable to the registrant. ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES Not applicable at this time. ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS Not applicable to the registrant. ITEM 6. SCHEDULE OF INVESTMENTS Schedule is included as part of the report to shareholders filed under Item 1. ITEM 7. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES Not applicable to the registrant. ITEM 8. PURCHASE OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS Not applicable to the registrant. ITEM 9. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS Not applicable to the registrant. ITEM 10. CONTROLS AND PROCEDURES Not applicable to the registrant. ITEM 11. EXHIBITS The following exhibits are attached to this Form N-CSR: (a) (1) Code of ethics or amendments: not applicable to the registrant. (2) Certification by the registrant's Owner Trustee, as required by Rule 30a-2(a) under the Investment Company Act of 1940, is attached. (3) Written solicitation to purchase securities: not applicable to the registrant. (4) Annual Compliance Statement of the services GMAC Commercial Mortgage Corporation, is attached. (5) Attestation Report of Independent Accountants, PricewaterhouseCoopers, LLP. (6) GMAC reports pursuant to Section 1301, 1302, 1303, 1304, 1306, and 1307 of the servicer agreement. (b) Certification by the registrant's Owner Trustee, as required by Rule 30a-2(b) under the Investment Company Act of 1940, is attached. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant): College and University Facility Loan Trust Two ------------------------------------ By: US Bank, not in its individual capacity, but solely as Owner Trustee under a Declaration of Trust dated March 11, 1988 and Amended and restated on May 12, 1988, and December 4, 1989. By: /s/ Diana J. Kenneally ------------------------------------- Assistant Vice President Date: August 24, 2004 ------------------------------------- Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By: US Bank, not in its individual capacity, but solely as Owner Trustee under a Declaration of Trust dated March 11, 1988 and Amended and restated on May 12, 1988, and December 4, 1989. By: /s/ Diana J. Kenneally ------------------------------------- Assistant Vice President Date: August 24, 2004 ------------------------------------- EX-99.CERT 2 ex99cert.txt EX-99.CERT Certification ------------- I, Bryan Calder, certify that: 1. I have reviewed this report on Form N-CSR of College and University Facility Loan Trust Two (the "Registrant"); 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; 4. Based on my knowledge, the distribution or servicing information required to be provided to the bond trustee and owner trustee by the servicer under the pooling and servicing, or similar, agreement, for inclusion in this report is included in this report; 5. Based on my knowledge and upon the annual compliance statement included in the report and required to be delivered to the bond trustee and owner trustee in accordance with the terms of the pooling and servicing, or similar, agreement, and except as disclosed in this report, the servicer has fulfilled its obligations under the servicing agreement; and 6. The report discloses all significant deficiencies relating to the servicer's compliance with the minimum servicing standards based upon the report provided by an independent public accountant, after conducting a review in compliance with the Uniform Single Attestation Program for Mortgage Bankers or similar procedure, as set forth in the pooling and servicing, or similar, agreement, that is included in this report. In giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated parties: GMAC Commercial Mortgage Corporation and J.P. Morgan Trust Company National Association. Date: August 24, 2004 /s/ Bryan Calder ---------------------- Bryan Calder Executive Vice President EX-99.4 3 ex99_4.txt GMAC CERTIFICATION GMAC Commercial Mortgage Annual Certification by Officer For the Year Ended December 31, 2003 United States Department of Education College and University Facility Loan Trust Two Pursuant to Section 206 and 207 of the Servicing Agreement, I attest that: i. A review of the activities of GMAC Commercial Mortgage Corporation as Servicer during the period under this Servicing Agreement has been made under my supervision, and, to the best of my knowledge, based on such review, GMAC Commercial Mortgage Corporation as Servicer, has fulfilled in all material respects, all of its duties, responsibilities, or obligations under this Servicing Agreement throughout the period. ii. I confirm that GMAC Commercial Mortgage Corporation as Servicer is in compliance with the requirements of Section 202. GMAC COMMERCIAL MORTGAGE CORPORATION /s/ Brian T. Stauffer By: Brian T. Stauffer Title: Senior Vice President Date: January 29, 2004 GMAC Commercial Mortgage Corporation Report on Compliance with Minimum Servicing Standards December 31, 2003 Exhibit I Management's Assertion Concerning Compliance With Company Servicing Policy February 23, 2004 As of and for the year ended December 31, 2003, GMAC Commercial Mortgage Corporation (the "Company") has compiled in all material respects with the minimum servicing standards set forth in the Company's Servicing Policy (attached in Exhibit I), which were derived by management from the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers, except that with respect to the requirement to maintain borrower funds in appropriate custodial accounts in trust for investors in accordance with applicable servicing agreement requirements, the Company did not in 2003 timely transfer reserve account balances for 550 Company originated loans. Such reserve account balances, which totaled $85 million at September 30, 2003, were recorded and reconciled at a loan-level. In the fourth quarter of 2003, the reserve funds were transferred to appropriate custodial bank accounts and existing mitigating and detective controls were enhanced so that, consistent with Company policy, upon loan sale all escrow funds, including reserve funds, are timely transferred to appropriate custodial bank accounts as required in applicable servicing agreement. As of December 31, 2003, the Company was covered by various General Motors Corporation insurance policies providing for $125 million of fidelity bond insurance and $100 million of errors and omissions insurance. /s/ Robert D. Feller Chief Financial Officer /s/ Michael I. Lipson Executive Vice President Global Servicing /s/ Wayne D. Hoch Executive Vice President and Chief Financial Officer Exhibit II GMAC COMMERCIAL MORTGAGE CORPORATION MININUM SERVICING POLICY I. CUSTODIAL BANK ACCOUNTS 1. Reconciliations shall be prepared on a monthly basis for all custodial bank accounts and related bank clearing accounts. These reconciliations shall: o be mathematically accurate; o be prepared within forty-five (45) calendar days after the cutoff date; o be reviewed and approved by someone other than the person who prepared the reconciliation; and o document explanations for reconciling items. These reconciling items shall be resolved within ninety (90) calendar days of identification. 2. Funds of the servicing entity shall be advanced as specified in the servicing agreement in cases where there is an overdraft in an investor's or a mortgagor's account and an advance is specified in the Investor's Servicing Agreement. 3. All cash for each custodial account shall be maintained at a federally insured depository institution in trust for the applicable investor or in an investment account in accordance with the applicable servicing agreement requirements. 4. Escrow funds held in trust for a mortgagor shall be returned to the mortgagor within thirty (30) calendar days of payoff of the mortgage loan. II. MORTGAGE PAYMENTS 1. Mortgage payments which are properly identified with the Company's account number and which agree to the total amount of the scheduled payment due shall be deposited into the clearing bank accounts and related custodial bank accounts within two business days of receipt. Any mortgage payments which do not meet these parameters will be researched and deposited into the appropriate bank accounts within five business days of receipt. 2. Mortgage payments made in accordance with the mortgagor's loan documents shall be posted to the applicable mortgagor records within two business days of receipt. 3. Mortgage payments shall be allocated to principal, interest, insurance, taxes or other escrow items in accordance with the mortgagor's loan documents. Exhibit II 4. Mortgage payments identified as loan payoffs shall be allocated in accordance with the mortgagor's loan documents. III. DISBURSEMENTS 1. Disbursements made via wire transfer on behalf of a mortgagor or investor shall be made only by authorized personnel. 2. Disbursements made on behalf of a mortgagor or investor shall be posted within two business days to the mortgagor's or investor's records maintained by the servicing entity. 3. Tax and insurance payments for those loans that are escrowed shall be made on or before the penalty or insurance policy expirations date, as indicated on tax bills and insurance premium notices, respectively, provided that such support has been received by the servicing entity at least thirty (30) calendar days prior to these dates, and the mortgagor has agreed with the amounts due. 4. Any late payment penalties paid in conjunction with the payment of any tax bill or insurance premium notice shall be paid from the servicing entity's funds and not charged to the mortgagor, unless the late payment was due to the mortgagor's error or omission. 5. Amounts remitted to investors per the servicer's investor reports shall agree with cancelled checks, or other form of payment, or custodial bank statements. 6. Unissued checks shall be safeguarded so as to prevent unauthorized access. IV. INVESTOR ACCOUNTING AND REPORTING 1. Monthly investor reports shall be sent on a monthly basis listing the total unpaid principal balance and number of loans serviced. V. MORTGAGOR LOAN ACCOUNTING 1. The servicing entity's mortgage loans shall agree with, or reconcile to, the records of mortgagors with respect to the unpaid principal balance on a monthly basis. 2. Adjustments on ARM loans shall be computed based on the related mortgage note and any ARM rider. 3. Escrow accounts shall be analyzed, in accordance with the mortgagor's loan documents, on at least an annual basis. Exhibit II 4. Interest on escrow accounts, if required by the mortgage documents, shall be paid, or credited, to mortgagors in accordance with the borrower agreements. VI. DELINQUENCIES 1. Records documenting collection efforts shall be maintained during the period a loan is in default and shall be updated at least monthly. Such records shall describe the entity's activities in monitoring delinquent loans including, for example, phone calls, letters and mortgage payment rescheduling plans in cases where the delinquency is deemed temporary. VII. INSURANCE POLICIES 1. A fidelity bond and errors and omissions policy shall be in effect on the servicing entity in the amount of coverage represented to investors in management's assertion. EX-99.5 4 ex99_5.txt ATTESTATION REPORT Report of Independent Accountants To the Board of Directors and Shareholder of GMAC Commercial Mortgage Corporation: We have examined management's assertion, dated February 23, 2004, about GMAC Commercial Mortgage Corporation's (the "Company") compliance with its established minimum servicing policy ("Servicing Policy"), which management derived from the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers ("USAP"), as of and for the year ended December 31, 2003 included in the accompanying management assertion (see Exhibit I). Management is responsible for the Company's compliance with the Servicing Policy. Our responsibility is to express an opinion on management's assertion about the Company's compliance based on our examination. Our examination was made in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence about the Company's compliance with the Servicing Policy and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company's compliance with its Servicing Policy. In our opinion, management's assertion that, except for instances of noncompliance, the Company complied with the aforementioned Servicing Policy as of and for the year ended December 31, 2003, is fairly stated, in all material respects. /s/ PricewaterhouseCoopers LLP February 23, 2004 EX-99.6 5 ex99_6.txt May 18, 2004 Gregory A. Kwasny JP Morgan 227 West Monroe, 26th Floor Chicago, IL 60606 RE: College and University Loan Trust Two Payment Date Report o Due period amounts billed through May 1, 2004 $7,104,093.00 o Due period amounts billed and not received through May 1, 2004 $2,285,339.00 o Due period amounts billed and received May 2, 2004 through May 14, 2004 $1,978,714.00 We certify the above information to be true and correct to the best of our knowledge. To validate signature use the ApproveIt menu to Authenticate, Report & Print. Approved by: dcunning, 5/19/2004 10:56:13 ____________________________________________ Darri Cunningham VP, Investor Operations Cc: Diana Kenneally US Bank One Federal Street 3rd Floor Boston, MA 02111 May 6, 2004 Grace Gorka Bank One 120 South LaSalle, 4th Floor Chicago, IL 60603 RE: College and University Loan Trust Two Due Period Report Section 1306: - ------------- A. Loans delinquent more than six months - See Attached B. Loans delinquent less than six months - See Attached C. Re-scheduled loans - None to report D. Pre-payments - See Attached E. Known circumstances that will result in rescheduling of future payments of any loan - none We certify the above information to be true and correct to the best of our knowledge. To validate signature use the ApproveIt menu to Authenticate, Report & Print. Approved by: dcunning, 5/7/2004 11:43:41 _____________________________________ Darri Cunningham Vice President Cc: Diana Kenneally State Street Bank & Trust Co. Corporate Trust Dept. 2 Avenue de Lafayette,6th Floor Boston, MA 02111 GMAC Commercial Mortgage College & Trust Facility Loan Trust II Delinquency Report (6+ Months) As of May 1, 2004
GMACCM Next Payment Loan Number Borrower Name Due P and I Due Current UPB 30106002 CISCO JUNIOR 7-01-2002 40,400.00 78,000.00 30112402 UNIVERSITY SY 1-01-2003 106,450.55 102,988.88 30123001 OLYMPIC COMMU 10-01-2003 21,874.98 144,999.98 --------------------------- TOTAL 168,725.53 325,988.86 ===========================
GMAC Commercial Mortgage College & Trust Facility Loan Trust II Delinquency Report (less than 6 months) As of May 1, 2004
- -------------------------------------------------------------------------------- GMACCM Next Payment Loan Number Borrower Name Due P and I Due Current UPB - -------------------------------------------------------------------------------- 30104801 CARROLL COLL 3-01-2004 30,525.00 348,000.00 30107601 CONCORDIA COL 4-01-2004 16,215.00 81,000.00 30108301 DAKOTA WESLEY 4-01-2004 2,175.00 145,000.00 30116801 LINFIELD COLL 4-01-2004 1,004.98 67,000.00 30119301 UNIV OF DETRO 4-01-2004 19,937.50 1,100,000.00 30121101 NEW ENGLAND C 4-01-2004 9,905.00 127,000.00 30132402 TEXAS SOUTHERN 4-01-2004 36,650.00 380,000.00 30133201 UNIV STU COOP 4-01-2004 84,875.00 1,325,000.00 30135903 UNIVERSITY OF 4-01-2004 64,956.25 590,000.00 30100103 ALABAMA AGRIC 5-01-2004 108,250.00 1,550,000.00 30100301 ALBRIGHT COLL 5-01-2004 6,120.00 408,000.00 30102401 BELLARMINE CO 5-01-2004 10,181.21 9,999.97 30102602 BENEDICT COLL 5-01-2004 412.50 22,000.00 30102603 BENEDICT COLL 5-01-2004 4,980.00 332,000.00 30102604 BENEDICT COLL 5-01-2004 22,980.00 1,532,000.00 30102802 BETHANY COLL 5-01-2004 3,560.63 211,000.00 30102803 BETHANY COLL 5-01-2004 3,450.00 230,000.00 30102804 BETHANY COLL 5-01-2004 23,200.00 380,000.00 30103001 BOSTON ARCHIT 5-01-2004 337.50 18,000.00 30103302 BRANDEIS UNIV 5-01-2004 14,085.84 199,050.89 30103901 CALIFORNIA ST 5-01-2004 7,275.00 485,000.00 30104001 CALIFORNIA ST 5-01-2004 2,100.00 140,000.00 30104102 CALIFORNIA ST 5-01-2004 13,575.00 905,000.00 30104201 CALIFORNIA ST 5-01-2004 32,670.00 2,178,000.00 30104502 CANISIUS COLL 5-01-2004 19,125.00 1,275,000.00 30104604 CARNEGIE-MELL 5-01-2004 27,550.00 170,000.00 30105802 CHAPMAN COLLE 5-01-2004 1,605.00 107,000.00 30105803 CHAPMAN COLLE 5-01-2004 1,680.00 112,000.00 30106702 COLLEGE OF ST 5-01-2004 27,920.50 788,394.88 30106802 COLLEGE OF ST 5-01-2004 4,860.00 324,000.00 30107701 CONCORDIA COLL 5-01-2004 39,225.00 615,000.00 30109502 DREXEL UNIVERSIT 5-01-2004 96,800.00 960,000.00 30110401 EMMANUEL COLL 5-01-2004 1,815.00 121,000.00 30110802 FAIRLEIGH DIC 5-01-2004 20,250.00 1,350,000.00 30111301 FLORIDA INSTI 5-01-2004 1,740.00 116,000.00 30111802 GANNON UNIV 5-01-2004 7,350.00 489,999.98 30112301 GEORGETOWN UN 5-01-2004 35,985.00 2,399,000.00 30112302 GEORGETOWN UN 5-01-2004 124,100.00 6,205,000.00 30113801 HOFSTRA UNIVE 5-01-2004 92,823.72 1,454,785.56 30116902 LONG ISLAND U 5-01-2004 127,687.50 249,999.99 30117402 LYCOMING COLLE 5-01-2004 17,425.63 189,000.00 30117403 LYCOMING COLLE 5-01-2004 24,968.75 264,999.99 30117501 LYNCHBURG COL 5-01-2004 37,462.50 398,000.00 30117502 LYNCHBURG COL 5-01-2004 38,100.00 540,000.00 30118302 MARY BALDWIN 5-01-2004 35,113.13 303,000.00 30118401 MARYMOUNT UNI 5-01-2004 42,650.00 510,000.00 30119202 MERCER UNIVER 5-01-2004 20,289.35 363,182.06 30119801 MILLSAPS COLL 5-01-2004 7,440.00 496,000.00 30120402 MORAVIAN COLL 5-01-2004 2,733.75 162,000.00 30120601 MORGAN STATE 5-01-2004 92,744.16 1,726,972.58 30120701 MORRIS BROWN 5-01-2004 26,987.50 106,000.00 30120704 MORRIS BROWN 5-01-2004 41,768.75 41,000.00 30120705 MORRIS BROWN 5-01-2004 70,375.00 1,025,000.00 30120706 MORRIS BROWN 5-01-2004 39,050.00 270,000.00 30120801 MORRIS COLLEGE 5-01-2004 5,520.00 368,000.00 30122302 NORTHEASTERN 5-01-2004 107,199.57 2,505,904.63 30122303 NORTHEASTERN 5-01-2004 13,326.30 13,129.36 30124901 RANDOLPH-MACO 5-01-2004 14,880.00 192,000.00 30125102 REGIS COLLEGE 5-01-2004 5,625.00 375,000.00 30125504 RIDER COLLEGE 5-01-2004 24,468.69 1,350,000.00 30125506 RIDER COLLEGE 5-01-2004 25,430.00 362,000.00 30126102 RUTGERS, THE 5-01-2004 45,406.25 555,000.00 30127602 ST MICHAELS C 5-01-2004 86,860.00 1,426,353.44 30127801 ST PAULS COLL 5-01-2004 20,262.09 377,296.99 30128001 ST VINCENT COLL 5-01-2004 48,487.50 485,000.00 30128301 CALIFORNIA ST 5-01-2004 5,475.00 365,000.00 30128401 SANGAMON STAT 5-01-2004 44,850.00 990,000.00 30128602 SEATTLE UNIV 5-01-2004 4,230.00 282,000.00 30128802 SETON HILL CO. 5-01-2004 4,658.12 257,000.00 30130703 SPRINGFIELD C 5-01-2004 41,177.50 353,000.00 30132601 TRANSYLVANIA 5-01-2004 4,530.00 302,000.00 30133301 UNIVERSITY OF 5-01-2004 15,749.99 1,050,000.00 30133802 UNIVERSITY OF 5-01-2004 1,545.00 103,000.00 30134304 UNIV OF DELAWARE 5-01-2004 7,500.00 500,000.00 30135601 UNIV N CAROLINA 5-01-2004 3,030.00 202,000.00 30137501 UTICA COLLEGE 5-01-2004 4,634.99 309,000.00 30138101 VIRGINIA WESL 5-01-2004 2,925.00 195,000.00 30138102 VIRGINIA WESL 5-01-2004 1,920.00 128,000.00 30138702 WESLEY COLLEGE 5-01-2004 18,801.25 166,000.00 30140102 WHEELING COLL 5-01-2004 600.00 40,000.00 30140502 WITTENBERG UN 5-01-2004 54,225.00 615,000.00 30140503 WITTENBERG UN 5-01-2004 2,895.00 193,000.00 30141001 YORK HOSPITAL 5-01-2004 19,605.00 307,000.00 ------------ TOTALS: 2,282,863.90 50,262,070.32 ================================
GMAC Commercial Mortgage College and University Loan Trust II Prepayments For 6 months ending May 1, 2004
Loan Number Payoff Date Total Amount Paid Principal Amount Interest Amount Other Fees Maturity Date 30129202 12-31-03 334,950.00 330,000.00 4,950.00 4-01-2018 30130801 12-08-03 35,525.00 35,000.00 525.00 10-01-2004 30140801 1-21-04 389,000.00 389,000.00 3,890.00 5-01-2009 30102701 2-05-04 830,000.00 830,000.00 -- -- 11-01-2007 30101303 4-26-04 487,200.00 480,000.00 7,200.00 -- 4-01-2006 30105901 4-01-04 1,126,650.00 1,110,000.00 16,650.00 -- 10-01-2012 --------------------------------------------------- TOTALS: 3,203,325.00 3,174,000.00 33,215.00 -- ==================================================================================================
GMAC Commercial Mortgage College and University Loan Trust II Collection Account Activity Report For the Quarter Ended March 31, 2004 Collections:
January February March ------------- -------------- ------------ Principal Payments 608,760.35 923,255.95 169,920.11 Interest Payments 86,785.31 33,980.49 55,803.50 --------------------------------------------- Total Principal and Interest Collections 695,545.66 957,236.44 225,723.61 ============================================= Payments and Reversals Posted to Suspense -- -- -- --------------------------------------------- Total Collections 695,545.66 957,236.44 225,723.61 Less: Servicing Fees (not withheld from remittances) (4,437.25) (819.51) (1,069.67) --------------------------------------------- Net Collections 691,108.41 956,416.93 224,653.94 =============================================
GMAC Commercial Mortgage College & Trust Facility Loan Trust II Service Fees Schedule For the Quarter Ended March 31, 2004
Date Due GMACCM Number Borrower Name Principal Due Interest Due Total Due Principal Balance Service Fees January - ------- 1-01-2004 30100102 ALABAMA AGRIC 0.00 2175.00 2175.00 145000.00 54.38 1-01-2004 30105403 CENTRAL MISSO 0.00 1703.75 1703.75 94000.00 35.25 1-01-2004 30105404 CENTRAL MISSO 0.00 7125.00 7125.00 475000.00 178.13 1-01-2004 30106002 CISCO JUNIOR 0.00 600.00 600.00 40000.00 15.00 1-01-2004 30106301 CLEMSON UNIVE 0.00 1575.00 1575.00 105000.00 39.38 1-01-2004 30107403 COLUMBIA COLL 0.00 797.50 797.50 44000.00 16.50 1-01-2004 30107404 COLUMBIA COLL 0.00 450.00 450.00 30000.00 11.25 1-01-2004 30111101 FLORIDA AGRIC 0.00 688.75 688.75 38000.00 14.25 1-01-2004 30111201 FLORIDA ATLAN 0.00 297.50 297.50 17000.00 6.38 1-01-2004 30111202 FLORIDA ATLAN 0.00 2175.00 2175.00 145000.00 54.38 1-01-2004 30111503 FLORIDA STATE 75000.00 6450.00 81450.00 430000.00 161.25 1-01-2004 30112002 GEORGE FOX CO 8760.35 4853.45 13613.80 647127.18 242.67 1-01-2004 30112402 UNIVERSITY SY 0.00 1737.94 1737.94 0.00 -- 1-01-2004 30112901 HAMPSHIRE COL 12559.69 4356.39 16916.08 290425.69 108.91 1-01-2004 30114802 INTER AMERICA 62997.44 29799.76 92797.20 1986650.57 744.99 1-01-2004 30117202 LOUISIANA STA 0.00 3008.75 3008.75 166000.00 62.25 1-01-2004 30117204 LOUISIANA STA 0.00 1470.00 1470.00 98000.00 36.75 1-01-2004 30117205 LOUISIANA STA 0.00 1725.00 1725.00 115000.00 43.13 1-31-2004 30118202 MARQUETTE UNI 1421.12 1234.73 2655.85 82315.23 30.87 1-01-2004 30120501 MOREHOUSE COL 0.00 8549.99 8549.99 569999.50 213.75 1-01-2004 30121201 NEWARK BETH I 40000.00 9334.38 49334.38 515000.00 193.13 1-01-2004 30123701 PHILADELPHIA 42603.88 31304.32 73908.20 2086954.98 782.61 1-01-2004 30124701 PURDUE UNIVER 0.00 3896.88 3896.88 215000.00 80.63 1-01-2004 30124702 PURDUE UNIVER 0.00 1170.00 1170.00 78000.00 29.25 1-01-2004 30124803 QUEENS COLLEG 0.00 489.38 489.38 27000.00 10.13 1-01-2004 30129101 SIMPSON COLLE 0.00 3810.00 3810.00 254000.00 95.25 1-01-2004 30131003 FIRST UNIONAT 25000.00 1245.00 26245.00 83000.00 31.13 1-01-2004 30132301 TEXAS A & I U 0.00 6165.00 6165.00 411000.00 154.13 1-01-2004 30134402 UNIVERSITY OF 0.00 25875.00 25875.00 1725000.00 646.88 1-01-2004 30135701 UNIVERSITY OF 65000.00 5175.00 70175.00 345000.00 129.38 1-01-2004 30135702 UNIV N CAROLI 6000.00 375.00 6375.00 25000.00 9.38 1-01-2004 30136601 UNIVERSITY OF 0.00 5250.00 5250.00 280000.00 105.00 1-01-2004 30137702 VERMONT STATE 0.00 2940.00 2940.00 196000.00 73.50 1-01-2004 30138202 WALDORF COLLE 0.00 1095.00 1095.00 73000.00 27.38 -- ---------------------------------------------------------------------------- TOTALS: 339,342.48 178,898.47 518,240.95 11,832,473.15 4,437.25 ============================================================================ ============================================================================ February - -------- 2-01-2004 30108101 CUMBERLAND CO 0.00 3870.00 3870.00 258000.00 96.75 2-01-2004 30112902 HAMPSHIRE COL 43212.09 15861.33 59073.42 1057422.08 396.53 2-01-2004 30131101 STILLMAN COLL 28000.00 525.00 28525.00 28000.00 10.50 2-15-2004 30135801 UNIVERSITY OF 22043.86 12629.14 34673.00 841942.76 315.73 2-01-2004 30137303 UNIVERSITY OF 0.00 1020.00 1020.00 0.00 -- ---------------------------------------------------------------------------- TOTALS: 93,255.95 33,905.47 127,161.42 2,185,364.84 819.51 ============================================================================ ============================================================================ March - ----- 3-01-2004 30101102 ANDERSON UNIV 35000.00 1575.00 36575.00 105000.00 39.38 3-01-2004 30101901 BAPTIST COLLE 45000.00 13500.00 58500.00 900000.00 337.50 3-01-2004 30101902 BAPTIST COLLE 54000.00 6975.00 60975.00 465000.00 174.38 3-01-2004 30104801 CARROLL COLLE 24000.00 6525.00 30525.00 348000.00 130.50 3-01-2004 30110301 EMBRY-RIDDLE 0.00 3600.00 3600.00 240000.00 90.00 3-15-2004 30113702 HIWASSEE COLL 4420.18 2487.82 6908.00 165854.71 62.20 3-01-2004 30114801 INTER AMERICA 0.00 825.00 825.00 55000.00 20.63 3-01-2004 30115901 LA GRANGE COL 30000.00 2925.00 32925.00 195000.00 73.13 3-01-2004 30121801 NORTH CAROLIN 0.00 1903.13 1903.13 105000.00 39.38 3-30-2004 30125601 RIO GRANDE CO 5083.33 838.75 5922.08 55916.83 20.97 3-01-2004 30127401 ST MARY'S COL 17000.00 525.00 17525.00 35000.00 13.13 3-01-2004 30130502 SPALDING UNIV 0.00 2340.00 2340.00 156000.00 58.50 3-30-2004 30140601 WOOSTER BUSIN 2416.60 398.80 2815.40 26586.60 9.97 ---------------------------------------------------------------------------- TOTALS: 216,920.11 44,418.50 261,338.61 2,852,358.14 1,069.67 ============================================================================ TOTALS FOR QTR 649,518.54 257,222.44 906,740.98 16,870,196.13 6,326.43 ============================================================================
GMAC Commercial Mortgage College and University Loan Trust II Paid In Full Loan Schedule For the Quarter Ended March 31, 2004
===================================================================================================================== Loan Number Payoff Date Total Amount Paid Principal Amount Interest Amount Other Fees Maturity Date - --------------------------------------------------------------------------------------------------------------------- 30140801 1-21-04 389000.00 389000.00 3890.00 0.00 5-01-2009 30102701 2-05-04 830000.00 830000.00 0.00 0.00 11-01-2007 30131101 2-03-04 28525.02 28000.00 525.02 0.00 2-01-2004 ------------------------------------------------------------------------- TOTALS 1,247,525.02 1,247,000.00 4,415.02 -- =========================================================================
* Please note that service fees have not yet been deducted. GMAC Commercial Mortgage College and University Loan Trust II Summary of Partial Prepayments For Quarter ending March 31, 2004
====================================================================================== Loan Number Payoff Date Total Amount Paid Principal Amount Interest Amount - -------------------------------------------------------------------------------------- None to report for this period ------------------------------------------------------------ TOTAL: -- -- -- ============================================================
GMAC Commercial Mortgage College and University Loan Trust II Trial Balance For Quarter ending March 31, 2004
============================================================================================================= GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date - ------------------------------------------------------------------------------------------------------------- 30100102 ALABAMA AGRICULTURAL 3.00 145,000.00 7-01-2005 30100103 ALABAMA AGRICULTURAL 3.00 1,550,000.00 5-01-2018 30100201 ALBION COLLEGE 3.00 74,640.00 10-01-2009 30100301 ALBRIGHT COLLEGE 3.00 408,000.00 11-01-2015 30101102 ANDERSON COLLEGE 3.00 70,000.00 3-01-2006 30101303 ARIZONA STATE UNIVERSITY 3.00 480,000.00 4-01-2006 30101601 AUBURN UNIVERSITY 3.00 1,745,000.00 12-01-2018 30101701 AZUSA PACIFIC UNIVERSITY 3.75 169,000.00 4-01-2015 30102301 BECKER JUNIOR COLLEGE 3.00 67,000.00 4-01-2005 30102401 BELLARMINE COLLEGE 3.63 9,999.97 5-01-2004 30102602 BENEDICT COLLEGE 3.75 22,000.00 11-01-2004 30102603 BENEDICT COLLEGE 3.00 332,000.00 11-01-2006 30102604 BENEDICT COLLEGE 3.00 1,532,000.00 11-01-2020 30102802 BETHANY COLLEGE - DORM BOND 1965 3.38 211,000.00 11-01-2012 30102803 BETHANY COLLEGE - HALL BOND 1967 3.00 230,000.00 11-01-2017 30102804 BETHANY COLLEGE - NOTE OF 1973 3.00 380,000.00 11-01-2012 30103001 BOSTON ARCHITECTURAL CENTER 3.75 18,000.00 11-01-2004 30103302 BRANDEIS UNIVERSITY 3.00 199,050.89 11-01-2011 30103901 CALIFORNIA STATE COLLEGES 3.00 485,000.00 11-01-2007 30104001 CALIFORNIA STATE UNIVERSITY, 3.00 140,000.00 11-01-2006 30104102 CALIFORNIA STATE UNIVERSITY, 3.00 905,000.00 11-01-2013 30104201 TRUST SERVICES DIVISION 3.00 2,178,000.00 11-01-2019 30104401 CAMERON UNIVERSITY 3.00 1,180,000.00 4-01-2007 30104502 CANISIUS COLLEGE CONST & CONSO BND 1967 3.00 1,275,000.00 11-01-2017 30104604 CARNEGIE MELLON 3.00 170,000.00 5-01-2009 30104605 CARNEGIE MELLON 3.00 820,000.00 11-01-2017 30104702 CARROLL COLLEGE 3.75 270,000.00 6-01-2014 30104703 CARROLL COLLEGE 3.00 134,248.27 6-01-2018 30104801 CARROLL COLLEGE - DORM BOND 1965 3.75 348,000.00 3-01-2015 30105101 CATAWBA COLLEGE 3.00 149,000.00 12-01-2009 30105403 CENTRAL MISSOURI STATE 3.63 94,000.00 7-01-2004 30105404 CENTRAL MISSOURI STATE 3.00 475,000.00 7-01-2007 30105701 CHAMPLAIN COLLEGE, INC. 3.00 115,904.48 12-01-2013 30105801 CHAPMAN COLLEGE 3.00 420,000.00 10-01-2013 30105802 CHAPMAN COLLEGE 3.00 107,000.00 11-01-2005 30105803 CHAPMAN COLLEGE 3.00 112,000.00 11-01-2007 30105901 CHATEAU COMM HOUSING ASSC 3.00 1,110,000.00 10-01-2012 30106002 CISCO JUNIOR COLLEGE 3.00 78,000.00 7-01-2005 30106301 CLEMSON UNIVERSITY - STUDENT FAC 1966 3.00 105,000.00 7-01-2005 30106401 COKER COLLEGE 3.00 84,999.99 12-01-2009 30106702 COLLEGE OF SAINT ROSE 3.00 788,394.88 5-01-2022 30106802 COLLEGE OF ST. THOMAS 3.00 324,000.00 11-01-2009 30106902 COLLEGE OF SANTA FE 3.00 64,000.00 10-01-2005 30106904 COLLEGE OF SANTA FE 3.00 491,000.00 10-01-2018 30107002 COLLEGE OF THE HOLY CROSS 3.63 750,000.00 10-01-2013 30107003 COLLEGE OF THE HOLY CROSS 3.00 325,000.00 10-01-2006 30107403 COLUMBIA COLLEGE 3.63 44,000.00 7-01-2004 30107404 COLUMBIA COLLEGE 3.00 30,000.00 7-01-2006 30107601 CONCORDIA COLLEGE 3.00 81,000.00 4-01-2009
Page 6 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance For Quarter ending March 31, 2004
============================================================================================================= GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date - ------------------------------------------------------------------------------------------------------------- 30107701 CONCORDIA COLLEGE 3.00 615,000.00 5-01-2019 30108101 CUMBERLAND COLLEGE 3.00 258,000.00 8-01-2017 30108202 DAEMEN COLLEGE(ROSARY HILL COLLEGE) 3.00 505,000.00 4-01-2016 30108301 DAKOTA WESLEYAN UNIVERSITY 3.00 145,000.00 10-01-2015 30108801 DILLARD UNIVERSITY 3.00 131,000.00 4-01-2008 30109301 DOWLING COLLEGE 3.00 404,000.00 10-01-2010 30109502 DREXEL UNIVERSITY 3.50 960,000.00 5-01-2014 30109604 DRURY COLLEGE 3.00 217,000.00 4-01-2015 30109605 DRURY COLLEGE 3.00 325,000.00 10-01-2010 30109801 DYOURVILLE COLLEGE 3.00 901,535.00 4-01-2018 30110101 ELIZABETH CITY STATE UNIVERSITY 3.00 310,000.00 10-01-2017 30110301 EMBRY RIDDLE AERONAUTICAL UNIV. 3.00 240,000.00 9-01-2007 30110401 EMMANUEL COLLEGE 3.00 121,000.00 11-01-2013 30110802 FAIRLEIGH DICKINSON UNIV 3.00 1,350,000.00 11-01-2017 30111101 FLORIDA A & M UNIVERSITY - DORM 64 3.63 38,000.00 7-01-2004 30111201 FLORIDA ATLANTIC UNIVERSITY 3.50 17,000.00 7-01-2004 30111202 FLORIDA ATLANTIC UNIVERSITY-SER A 3.00 145,000.00 7-01-2006 30111301 FLORIDA INSTITUTE OF TECHNOLOGY 3.00 116,000.00 11-01-2009 30111503 FLORIDA STATE UNIVERSITY - DORM 69 3.00 355,000.00 1-01-2009 30111603 FT HAYES STATE UNIVERSITY 3.00 80,000.00 10-01-2007 30111701 FT LEWIS COLLEGE 3.00 230,000.00 10-01-2006 30111802 GANNON UNIV. - DORM BOND 1969, SER A 3.00 489,999.98 11-01-2011 30111803 GANNON UNIVERSITY 3.00 175,658.07 12-01-2022 30111901 GAVILAN COLLEGE 3.00 24,000.00 4-01-2006 30112002 GEORGE FOX COLLEGE 3.00 638,366.83 7-01-2018 30112202 GEORGETOWN COLLEGE 3.00 269,000.00 12-01-2008 30112203 GEORGETOWN COLLEGE 3.00 520,000.00 12-01-2009 30112301 GEORGETOWN UNIVERSITY 3.00 2,399,000.00 11-01-2020 30112302 GEORGETOWN UNIVERSITY 4.00 6,205,000.00 11-01-2020 30112303 GEORGETOWN UNIVERSITY 3.00 311,508.31 5-01-2005 30112402 GEORGIA EDUCATION AUTHORITY 3.38 102,988.88 1-01-2003 30112901 HAMPSHIRE COLLEGE 3.00 277,866.00 7-01-2013 30112902 HAMPSHIRE COLLEGE 3.00 1,014,209.99 2-01-2014 30113101 HARPER GRACE HOSPITAL 3.63 235,000.00 4-01-2005 30113401 HESSTON COLLEGE 3.00 67,000.00 4-01-2006 30113501 HIGH POINT COLLEGE 3.00 210,000.00 12-01-2010 30113601 HINDS JUNIOR COLLEGE 3.00 1,449,000.00 4-01-2013 30113702 HIWASSEE COLLEGE 3.00 161,434.53 9-15-2018 30113801 HOFSTRA UNIVERSITY 3.00 1,454,785.56 11-01-2012 30114001 HOOD COLLEGE 3.63 221,000.00 11-01-2014 30114201 HUSTON-TILLOTSON COLLEGE - DORM 1964 3.50 305,000.00 4-01-2014 30114302 HUNTINGDON COLLEGE - DORM 1968 3.00 145,000.00 10-01-2008 30114801 INTER AMERICAN UNIVERSITY OF PUERTO RICO 3.00 55,000.00 9-01-2007 30114802 INTER-AMERICAN UNIV. OF PUERTO RICO 3.00 1,923,653.13 1-01-2017 30115001 JAMES MADISON UNIVERSITY 3.00 1,040,000.00 6-01-2009 30115502 KANSAS STATE UNIVERSITY 3.63 170,000.00 4-01-2004 30115602 KENDALL COLLEGE 3.00 132,000.00 10-01-2008 30115803 KNOX COLLEGE - DORM BONDS 1966 3.00 150,000.00 4-01-2006 30115901 LA GRANGE COLLEGE 3.00 165,000.00 3-01-2009
Page 7 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance For Quarter ending March 31, 2004
============================================================================================================= GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date - ------------------------------------------------------------------------------------------------------------- 30116102 LANGSTON UNIVERSITY 3.00 525,000.00 4-01-2007 30116201 LASSEN JUNIOR COLLEGE 3.00 379,000.00 4-01-2020 30116601 LENOIR RHYNE COLLEGE 3.00 69,000.00 12-01-2006 30116801 LINFIELD COLLEGE - HALL BONDS 1968 3.00 67,000.00 10-01-2017 30116902 LONG ISLAND UNIVERSITY 3.75 249,999.99 5-01-2005 30116903 LONG ISLAND UNIVERSITY 3.00 132,863.23 11-01-2009 30116904 LONG ISLAND UNIVERSITY 3.00 464,435.94 11-01-2009 30117002 LONG ISLAND UNIVERSITY 3.63 425,000.00 6-01-2014 30117102 LONG ISLAND UNIVERSITY 3.75 21,000.00 10-01-2004 30117202 LOUISIANA STATE UNIV - BOND 1964B 3.63 166,000.00 7-01-2004 30117204 LA. STATE UNIV. 1965 BOND SER B 3.00 98,000.00 7-01-2005 30117205 LA. STATE UNIV. 1966 BOND SER C 3.00 115,000.00 7-01-2006 30117402 LYCOMING COLLEGE 3.63 189,000.00 5-01-2014 30117403 LYCOMING COLLEGE 3.75 264,999.99 5-01-2015 30117501 LYNCHBURG COLLEGE 3.75 398,000.00 5-01-2015 30117502 LYNCHBURG COLLEGE 3.00 540,000.00 5-01-2018 30117602 MACALESTER COLLEGE 3.00 376,553.11 5-01-2020 30117801 MARIAN COLLEGE OF FOND DU LAC 3.00 435,000.00 10-01-2016 30118302 MARY BALDWIN COLLEGE 3.38 303,000.00 5-01-2012 30118401 MARYMOUNT UNIVERSITY 3.00 510,000.00 5-01-2016 30118701 MCLENNAN COMMUNITY COLLEGE 3.00 340,000.00 4-01-2006 30119001 SLOAN-MEMORIAL KETTERING CANCER CENTER 3.38 734,000.00 4-01-2012 30119202 MERCER UNIV. ACCOUNTING OFFICE 3.00 363,182.06 5-01-2014 30119301 MERCY COLLEGE 3.63 1,100,000.00 10-01-2013 30119701 MIDLAND LUTHERAN COLLEGE 3.00 32,000.00 4-01-2005 30119801 MILLSAPS COLLEGE 3.00 496,000.00 11-01-2021 30119903 MISSISSIPPI STATE UNIVERSITY 3.00 1,290,000.00 12-01-2020 30120402 MORAVIAN COLLEGE 3.38 162,000.00 11-01-2012 30120501 MOREHOUSE COLLEGE 3.00 569,999.50 7-01-2010 30120601 MORGAN STATE UNIVERSTIY 3.00 1,726,972.58 11-01-2014 30120701 MORRIS BROWN COLLEGE 3.75 106,000.00 5-01-2007 30120704 MORRIS BROWN COLLEGE 3.75 41,000.00 5-01-2004 30120705 MORRIS BROWN COLLEGE 3.00 1,025,000.00 5-01-2018 30120706 MORRIS BROWN COLLEGE 3.00 270,000.00 5-01-2010 30120801 MORRIS COLLEGE 3.00 368,000.00 11-01-2009 30121101 NEW ENGLAND COLLEGE 3.00 127,000.00 4-01-2016 30121201 NEWARK BETH ISREAL MEDICAL CENTER 3.63 475,000.00 1-01-2014 30121301 NIACC DORMITORIES, INC. 3.00 49,618.73 10-01-2012 30121501 NORFOLK STATE UNIVERSITY 3.00 2,411,369.69 12-01-2021 30121801 NORTH CAROLINA STATE UNIVERSITY 3.63 105,000.00 9-01-2004 30122302 NORTHEASTERN UNIVERSITY 3.00 2,505,904.63 5-01-2018 30122303 NORTHEASTERN UNIVERSITY 3.00 13,129.36 5-01-2004 30122701 NOVA UNIVERSITY 3.00 180,000.00 12-01-2007 30122802 OCCIDENTAL COLLEGE 3.00 232,000.00 10-01-2019 30123001 OLYMPIC COMMUNITY COLLEGE 3.00 144,999.98 10-01-2008 30123103 OUACHITA BAPTIST UNIVERSITY 3.00 12,000.00 12-01-2006 30123401 PAINE COLLEGE 3.00 742,999.99 10-01-2016 30123701 UNIVERSITY OF THE ARTS 3.00 2,044,351.10 1-01-2022 30124701 PURDUE UNIVERSITY 3.63 215,000.00 7-01-2004
Page 8 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance For Quarter ending March 31, 2004
============================================================================================================= GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date - ------------------------------------------------------------------------------------------------------------- 30124702 PURDUE UNIVERSITY 3.00 78,000.00 7-01-2005 30124803 QUEENS COLLEGE 3.63 27,000.00 7-01-2004 30124901 RANDOLPH MACON COLLEGE 3.00 192,000.00 5-01-2010 30125102 REGIS COLLEGE 3.00 375,000.00 11-01-2012 30125401 RHODE ISLAND COLLEGE 3.00 69,999.99 10-01-2005 30125504 RIDER COLLEGE 3.63 1,350,000.00 11-01-2013 30125506 RIDER COLLEGE 3.00 362,000.00 5-01-2017 30125601 RIO GRANDE COLLEGE 3.00 50,833.50 3-30-2009 30126102 RUTGERS, THE STATE UNIVERSITY 3.75 555,000.00 5-01-2016 30127401 ST MARY'S JUNIORCOLLEGE 3.00 18,000.00 3-01-2005 30127402 ST MARY'S COLLEGE 3.00 351,000.00 6-01-2020 30127602 SAINT MICHAELS COLLEGE 3.00 1,426,353.44 5-01-2013 30127702 SAINT NORBERT COLLEGE 3.63 42,000.00 4-01-2004 30127703 SAINT NORBERT COLLEGE 3.00 191,000.00 4-01-2007 30127801 SAINT PAULS COLLEGE 3.00 377,296.99 11-01-2014 30128001 SAINT VINCENT COLLEGE 3.50 485,000.00 5-01-2013 30128301 CALIFORNIA STATE COLLEGES 3.00 365,000.00 11-01-2006 30128401 UNIVERSITY OF ILLINOIS 3.00 990,000.00 11-01-2018 30128602 SEATTLE UNIVERSITY - 1967 PHYS ED 3.00 282,000.00 11-01-2008 30128802 SETON HILL COLLEGE 3.63 257,000.00 11-01-2014 30129101 SIMPSON COLLEGE - BOND 1966 3.00 254,000.00 7-01-2016 30129402 SOUTHEAST MISSOURI STATE UNIV(ESCROW) 3.00 541,000.00 4-01-2007 30129802 SOUTHERN METHODIST UNIVERSITY 3.00 268,000.00 10-01-2007 30129901 BETHANY NAZARENE_UNIVERSITY 3.75 80,000.00 4-01-2005 30130301 SOUTHWEST TEXAS STATE UNIVERSITY 3.00 1,830,000.00 10-01-2015 30130502 SPALDING UNIVERSITY 3.00 156,000.00 9-01-2007 30130703 SPRINGFIELD COLLEGE 3.50 353,000.00 5-01-2013 30130704 SPRINGFIELD COLLEGE 3.00 21,633.55 5-15-2005 30130903 STEPHEN F AUSTIN STATE UNIVERSITY 3.38 1,397,000.00 10-01-2012 30131003 JOHN B. STETSON UNIVERSITY 3.00 58,000.00 1-01-2006 30131301 SUNY, MOHAWK VALLEY COMMUNITY 3.00 165,000.00 4-01-2005 30131702 TALLADEGA COLLEGE 3.00 294,895.00 12-01-2012 30132002 TAYLOR UNIVERSITY 3.00 197,000.00 10-01-2012 30132003 TAYLOR UNIVERSITY 3.00 611,000.00 10-01-2013 30132301 TEXAS A & I UNIV-BLDG SYS SER 1969A 3.00 411,000.00 7-01-2009 30132402 TEXAS SOUTHERN UNIVERSITY 3.50 380,000.00 4-01-2013 30132601 TRANSYLVANIA UNIVERSITY 3.00 302,000.00 11-01-2010 30132904 TUFTS UNIVERSITY 3.00 1,985,000.00 10-01-2021 30133201 UNIV STUDENT COOP HOUSING 3.00 1,325,000.00 4-01-2019 30133301 UNIVERSITY OF ALABAMA 3.00 1,050,000.00 11-01-2008 30133802 UNIV OF LITTLE ROCK ARKANSAS 3.00 103,000.00 11-01-2009 30134002 ARKANSAS STATE TEACHERS COLLEGE 3.00 228,000.00 4-01-2005 30134101 UNIVERSITY OF CENTRAL FLORIDA 3.00 255,000.00 10-01-2007 30134304 UNIVERSITY OF DELAWARE 3.00 500,000.00 11-01-2006 30134305 UNIVERSITY OF DELAWARE 3.00 549,000.00 12-01-2018 30134402 UNIVERSITY OF FLORIDA / REV. CERTS.,84 3.00 1,725,000.00 7-01-2014 30134901 UNIVERSITY OF MICHIGAN 3.75 750,000.00 10-01-2005 30135601 UNIVERSITY OF NORTH CAROLINA 3.00 202,000.00 11-01-2005 30135701 UNIVERSITY OF NORTH CAROLINA 3.00 280,000.00 1-01-2008
Page 9 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance For Quarter ending March 31, 2004
============================================================================================================= GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date - ------------------------------------------------------------------------------------------------------------- 30135702 UNIVERSITY OF NORTH CAROLINA 3.00 19,000.00 1-01-2007 30135801 UNIVERSITY OF NOTRE DAME 3.00 819,898.90 2-15-2019 30135903 UNIVERSITY OF PORTLAND 3.38 590,000.00 4-01-2013 30136002 UNIVERSITY OF PUERTO RICO 3.00 1,209,000.00 6-01-2011 30136601 UNIVERSITY OF SOUTH FLORIDA DORM 1965 3.75 280,000.00 7-01-2005 30136801 UNIVERSITY OF ST THOMAS 3.00 546,000.00 10-01-2019 30136901 UNIV OF STEUBENVILLE 3.13 224,000.00 4-01-2010 30137501 UTICA COLLEGE OF SYRACUSE 3.00 309,000.00 11-01-2009 30137701 VERMONT STATE COLLEGE 3.00 260,000.00 6-01-2008 30137702 VERMONT STATE COLLEGE 3.00 196,000.00 7-01-2014 30137802 VILLANOVA UNIVERSITY 3.00 985,000.00 4-01-2019 30137901 VINCENNES UNIVERSITY 3.00 3,310,000.00 6-01-2023 30138001 VIRGINIA COMMONWEALTH 3.00 1,771,999.99 6-01-2011 30138002 VIRGINA COMMONWEALTH UNIVERSITY 3.00 185,000.00 6-01-2004 30138101 VIRGINIA WESELAN COLLEGE 3.00 195,000.00 11-01-2009 30138102 VIRGINA ST WESELEYAN COLLEGE 3.00 128,000.00 11-01-2010 30138202 WALDORF COLLEGE 3.00 73,000.00 7-01-2005 30138302 WARTBURG COLLEGE ACCT#WART465CD 3.75 112,000.00 4-01-2011 30138402 WASHINGTON STATE UNIV. - 1965 SERIES-E 3.63 140,000.00 4-01-2004 30138403 WASHINGTON STATE UNIV.- 1965 SERIES-F 3.75 89,900.00 4-01-2004 30138702 WESLEY COLLEGE 3.38 166,000.00 5-01-2013 30138801 WEST KERN JR. COLLEGE DISTRICT 3.63 13,000.00 4-01-2004 30139001 WEST VALLEY COLLEGE 3.00 250,000.00 4-01-2009 30139503 WEST WASHINGTON STATE COLLEGE 3.63 110,000.00 10-01-2004 30139504 WESTERN WASHINGTON STATE COLLEGE 3.75 140,000.00 10-01-2005 30140003 WHEATON COLLEGE 3.50 635,000.00 4-01-2013 30140102 WHEELING COLLEGE 3.00 40,000.00 11-01-2007 30140201 WHEELOCH COLLEGE 3.00 16,881.44 5-01-2011 30140502 WITTENBERG UNIVERSITY 3.00 615,000.00 5-01-2015 30140503 WITTENBERG UNIVERSITY 3.00 193,000.00 11-01-2017 30140601 THE COLLEGE OF WOOSTER 3.00 24,170.00 3-30-2009 30141001 YORK HOSPITAL 3.00 307,000.00 5-01-2020 --------------- TOTALS: 110,751,487.44 ===============
Page 10 of 12 GMAC Commercial Mortgage College and University Loan Trust II Delinquency Report (60+ Days) For Quarter ending March 31, 2004
GMACCM Loan Number Borrower Name Next Payment Due P and I Due Current UPB 30106002 CISCO JUNIOR 7-01-2002 40,400.00 78,000.00 30112402 UNIVERSITY SY 1-01-2003 106,450.55 102,988.88 30123001 OLYMPIC COMMU 10-01-2003 19,999.98 144,999.98 ---------- TOTAL: 166,850.53 ==========
GMAC Commercial Mortgage College and University Loan Trust II Liquidation Report For Quarter ending March 31, 2004 None to report for this period GMAC Commercial Mortgage College and University Loan Trust II Collection Account Activity Report For the Quarter Ended December 31, 2003 Collections:
October November December ------------- ------------ ------------ Principal Payments 2,106,651.06 3,272,626.54 1,169,886.57 Interest Payments 487,910.68 848,158.44 422,428.01 ----------------------------------------------------- Total Principal and Interest Collections 2,594,561.74 4,120,784.98 1,592,314.58 ===================================================== Payments and Reversals Posted to Suspense 185,098.75 (20,193.75) (1,905.00) ----------------------------------------------------- Total Collections 2,779,660.49 4,100,591.23 1,590,409.58 Less: Servicing Fees (not withheld from remittances) (12,947.08) (19,845.91) (6,653.05) ----------------------------------------------------- Net Collections 2,766,713.41 4,080,745.32 1,583,756.53 =====================================================
GMAC Commercial Mortgage College & Trust Facility Loan Trust II Service Fees Schedule For the Quarter Ended December 31, 2003
=========================================================================================================== GMACCM Borrower Principal Interest Total Principal Service Date Due Number Name Due Due Due Balance Fees =========================================================================================================== October - ------- 10012003 30100201 ALBION COLLEG 13000.00 1317.30 14317.30 87640.00 32.87 10012003 30101303 ARIZONA STATE 0.00 7200.00 7200.00 480000.00 180.00 - ----------------------------------------------------------------------------------------------------------- 10012003 30101403 ARKANSAS STAT 0.00 3806.25 3806.25 203000.00 76.13 - ----------------------------------------------------------------------------------------------------------- 10012003 30101701 AZUSA PACIFIC 0.00 3168.75 3168.75 169000.00 63.38 10012003 30102301 BECKER JUNIOR 0.00 1005.00 1005.00 67000.00 25.13 10012003 30104401 CAMERON UNIVE 0.00 17700.00 17700.00 1180000.00 442.50 10012003 30105801 CHAPMAN COLLE 20000.00 6600.00 26600.00 440000.00 165.00 10012003 30105901 CHATEAU COMM 105000.00 18225.00 123225.00 1215000.00 455.63 10012003 30106902 COLLEGE OF SA 35000.00 1485.00 36485.00 99000.00 37.13 10012003 30106904 COLLEGE OF SA 28000.00 7785.00 35785.00 519000.00 194.63 10012003 30107002 COLLEGE OF TH 65000.00 14771.87 79771.87 815000.00 305.63 10012003 30107003 COLLEGE OF TH 100000.00 6375.00 106375.00 425000.00 159.38 10012003 30107201 COLLEGE OF TH 18000.00 270.00 18270.00 18000.00 6.75 10012003 30107601 CONCORDIA COL 0.00 1215.00 1215.00 81000.00 30.38 10012003 30108202 DAEMEN COLLEG 0.00 7575.00 7575.00 505000.00 189.38 10012003 30108301 DAKOTA WESLEY 10000.00 2325.00 12325.00 155000.00 58.13 10012003 30108801 DILLARD UNIVE 0.00 1965.00 1965.00 131000.00 49.13 10012003 30109301 DOWLING COLLE 25000.00 6435.00 31435.00 429000.00 160.88 10012003 30109604 DRURY COLLEGE 8000.00 3375.00 11375.00 225000.00 84.38 10012003 30109605 DRURY COLLEGE 21000.00 5190.00 26190.00 346000.00 129.75 10012003 30109801 DYOUVILLE COL 0.00 13523.03 13523.03 901535.00 338.08 10012003 30110101 ELIZABETH CIT 20000.00 4950.00 24950.00 330000.00 123.75 10012003 30111603 FT HAYS STATE 20000.00 1500.00 21500.00 100000.00 37.50 10012003 30111701 FT LEWIS COLL 75000.00 4575.00 79575.00 305000.00 114.38 10012003 30111901 GAVILAN COLLE 0.00 525.00 525.00 35000.00 13.13 10012003 30112002 GEORGE FOX CO 8695.13 4918.67 13613.80 655822.31 245.93 10012003 30113101 HARPER GRACE 0.00 4259.37 4259.37 235000.00 88.13 10012003 30113401 HESSTON COLLE 0.00 1005.00 1005.00 67000.00 25.13 10012003 30113601 HINDS JUNIOR 0.00 21735.00 21735.00 1449000.00 543.38 10012003 30114201 HOUSTON TILLO 0.00 5337.50 5337.50 305000.00 114.38 10012003 30114302 HUNTINGDON CO 25000.00 2550.00 27550.00 170000.00 63.75 10012003 30115502 KANSAS STATE 0.00 3081.25 3081.25 170000.00 63.75 10012003 30115602 KENDALL COLLE 24000.00 2340.00 26340.00 156000.00 58.50 10012003 30115803 KNOX COLLEGE 0.00 2250.00 2250.00 150000.00 56.25 10012003 30116101 LANGSTON UNIV 59000.00 995.63 59995.63 59000.00 22.13 10012003 30116102 LANGSTON UNIV 0.00 7875.00 7875.00 525000.00 196.88 10012003 30116201 LASSEN JUNIOR 0.00 5985.00 5985.00 399000.00 149.63 10012003 30116801 LINFIELD COLL 4000.00 1065.00 5065.00 75000.00 28.13 10012003 30117102 LONG ISLAND U 20000.0 768.75 20768.75 41000.00 15.38 10012003 30117801 MARIAN COLLEG 25000.00 6900.00 31900.00 460000.00 172.50 10012003 30118701 MCLENNAN COMM 0.00 5100.00 5100.00 340000.00 127.50 10012003 30119001 MEMORIAL SLOA 0.00 12386.25 12386.25 734000.00 275.25 10012003 30119301 UNIV OF DETRO 90000.00 21568.75 111568.75 1190000.00 446.25 10012003 30119701 MIDLAND LUTHE 0.00 480.00 480.00 32000.00 12.00 10012003 30121101 NEW ENGLAND C 0.00 1905.00 1905.00 127000.00 47.63 10012003 30121301 NIACC DORMITO 2385.80 780.07 3165.96 52004.62 19.50
GMAC Commercial Mortgage College & Trust Facility Loan Trust II Service Fees Schedule For the Quarter Ended December 31, 2003
=========================================================================================================== GMACCM Borrower Principal Interest Total Principal Service Date Due Number Name Due Due Due Balance Fees =========================================================================================================== 10012003 30122802 OCCIDENTAL CO 11000.00 3645.00 14645.00 243000.00 91.13 10012003 30123001 OLYMPIC COMMU 20000.00 2175.00 22175.00 165000.00 61.88 10012003 30123401 PAINE COLLEGE 46000.00 11835.00 57835.00 788999.99 295.87 10012003 30124001 PINE MANOR CO 130000.00 2356.25 132356.25 130000.00 48.75 - ----------------------------------------------------------------------------------------------------------- 10012003 30124501 POST COLLEGE 10000.00 2100.00 12100.00 140000.00 52.50 - ----------------------------------------------------------------------------------------------------------- 10012003 30125401 RHODE ISLAND 35000.00 1575.00 36575.00 104999.99 39.37 - ----------------------------------------------------------------------------------------------------------- 10012003 30127001 ST LOUIS COLL 30000.00 1046.25 31046.25 62000.00 23.25 - ----------------------------------------------------------------------------------------------------------- 10012003 30127702 ST NORBERT CO 0.00 761.00 761.25 42000.00 15.75 10012003 30127703 ST NORBERT CO 0.00 2865.00 2865.00 191000.00 71.63 10012003 30129202 SOUTH DAKOTA 0.00 4950.00 4950.00 330000.00 123.75 10012003 30129402 SOUTHEAST MIS 0.00 8115.00 8115.00 541000.00 202.88 - ----------------------------------------------------------------------------------------------------------- 10012003 30129601 SOUTHEASTERN 0.00 6900.00 6900.00 460000.00 172.50 - ----------------------------------------------------------------------------------------------------------- 10012003 30129802 SOUTHERN METH 62000.00 4950.00 66950.00 330000.00 123.75 10012003 30129901 SOUTHERN NAZA 0.00 1500.00 1500.00 80000.00 30.00 10012003 30130301 SOUTHWEST TEX 125000.00 29325.00 154325.00 1955000.00 733.13 10012003 30130801 STATE CENTER 30000.00 975.00 30975.00 65000.00 24.38 10012003 30130902 STEPHEN F AUS 22000.00 385.00 22385.00 22000.00 8.25 10012003 30130903 STEPHEN F AUS 103000.00 25312.50 128312.50 1500000.00 562.50 10012003 30131301 SUNY, MOHAWK 0.00 2475.00 2475.00 165000.00 61.88 10012003 30132002 TAYLOR UNIVER 18000.00 3225.00 21225.00 215000.00 80.63 10012003 30132003 TAYLOR UNIVER 55000.00 9990.00 64990.00 666000.00 249.75 10012003 30132402 TEXAS SOUTHER 0.00 6650.00 6650.00 380000.00 142.50 10012003 30132904 TUFTS UNIVERS 82000.00 31005.00 113005.00 2067000.00 775.13 10012003 30133201 UNIV STU COOP 0.00 19875.00 19875.00 1325000.00 496.88 10012003 30134002 UNIV CENTR AR 0.00 2295.00 2295.00 228000.00 85.50 10012003 30134101 UNIVERSITY OF 60000.00 4725.00 64725.00 315000.00 118.13 10012003 30134901 UNIVERSITY OF 350000.00 20625.00 370625.00 1100000.00 412.50 10012003 30135903 UNIVERSITY OF 0.00 9956.25 9956.25 590000.00 221.25 10012003 30136303 UNIVERSITY OF 0.00 3262.50 3262.50 180000.00 67.50 - ----------------------------------------------------------------------------------------------------------- 10012003 30136801 UNIVERSITY OF 26000.00 8580.00 34580.00 572000.00 214.50 - ----------------------------------------------------------------------------------------------------------- 10012003 30136901 UNIVERSITY OF 0.00 3500.00 3500.00 224000.00 84.00 10012003 30137802 VILLANOVA UNI 0.00 14775.00 14775.00 985000.00 369.38 10012003 30138302 WARTBURG COLL 0.00 2100.00 2100.00 112000.00 42.00 10012003 30138402 WASHINGTON ST 0.00 2537.50 2537.50 140000.00 52.50 10012003 30138403 WASHINGTON ST 0.00 1687.50 1687.50 90000.00 33.75 10012003 30138801 WEST KERN JR 0.00 235.00 235.63 13000.00 4.88 10012003 30139001 WEST VALLEY C 0.00 4425.00 4425.00 295000.00 110.63 10012003 30139503 WESTERN WASHI 110000.00 3987.50 113987.50 220000.00 82.50 10012003 30139504 WESTERN WASHI 65000.00 3843.75 68843.75 205000.00 76.88 10012003 30140003 WHEATON COLLE 0.00 11112.50 11112.50 635000.00 238.13 -------------------------------------------------------------------- TOTALS: 2,211,081.02 537,787.82 2,748,868.84 34,525,001.91 12,947.08 ==================================================================== ====================================================================
November - -------- GMAC Commercial Mortgage College & Trust Facility Loan Trust II Service Fees Schedule For the Quarter Ended December 31, 2003
=========================================================================================================== GMACCM Borrower Principal Interest Total Principal Service Date Due Number Name Due Due Due Balance Fees =========================================================================================================== 11-01-2003 30100103 ALABAMA AGRIC 0.00 23250.00 23250.00 1550000.00 581.25 11-01-2003 30100301 ALBRIGHT COLL 30000.00 6570.00 36570.00 438000.00 164.25 11-01-2003 30102401 BELLARMINE CO 0.00 181.25 181.25 9999.97 3.75 11-01-2003 30102602 BENEDICT COLL 22000.00 825.00 22825.00 44000.00 16.50 11-01-2003 30102603 BENEDICT COLL 119000.00 6765.00 125765.00 451000.00 169.13 11-01-2003 30102604 BENEDICT COLL 68000.00 24000.00 92000.00 1600000.00 600.00 11-01-2003 30102701 BENTLEY COLLE 193000.00 15345.00 208345.00 1023000.00 383.63 11-01-2003 30102802 BETHANY COLLE 20000.00 3898.13 23898.13 231000.00 86.63 11-01-2003 30102803 BETHANY COLLE 15000.00 3675.00 18675.00 245000.00 91.88 11-01-2003 30102804 BETHANY COLLE 17500.00 5962.50 23462.50 397500.00 149.06 11-01-2003 30103001 BOSTON ARCHIT 34000.00 975.00 34975.00 52000.00 19.50 11-01-2003 30103302 BRANDEIS UNIV 10936.04 3149.80 14085.84 209986.93 78.75 11-01-2003 30103901 CALIFORNIA ST 115000.00 9000.00 124000.00 600000.00 225.00 11-01-2003 30104001 CALIFORNIA ST 45000.00 2775.00 47775.00 185000.00 69.38 11-01-2003 30104102 CALIFORNIA ST 75000.00 14700.00 89700.00 980000.00 367.50 11-01-2003 30104201 CALIFORNIA ST 105000.00 34245.00 139245.00 2283000.00 856.13 11-01-2003 30104502 CANISIUS COLL 70000.00 20175.00 90175.00 1345000.00 504.38 11-01-2003 30104604 CARNEGIE-MELL 0.00 2550.00 2550.00 170000.00 63.75 11-01-2003 30104605 CARNEGIE-MELL 22000.00 12630.00 34630.00 842000.00 315.75 11-01-2003 30105802 CHAPMAN COLLE 51000.00 2370.00 53370.00 158000.00 59.25 11-01-2003 30105803 CHAPMAN COLLE 26000.00 2070.00 28070.00 138000.00 51.75 11-01-2003 30106702 COLLEGE OF ST 15856.73 12063.77 27920.50 804251.61 301.59 11-01-2003 30106802 COLLEGE OF ST 49000.00 5595.00 54595.00 373000.00 139.88 11-01-2003 30107701 CONCORDIA COL 0.00 9225.00 9225.00 615000.00 230.63 11-01-2003 30109502 DREXEL UNIVER 0.00 16800.00 16800.00 960000.00 360.00 11-01-2003 30110401 EMMANUEL COLL 10000.00 1965.00 11965.00 131000.00 49.13 11-01-2003 30110802 FAIRLEIGH DIC 80000.00 21450.00 101450.00 1430000.00 536.25 11-01-2003 30111301 FLORIDA INSTI 17000.00 1995.00 18995.00 133000.00 49.88 11-01-2003 30111802 GANNON UNIVER 55000.00 8175.00 63175.00 544999.98 204.37 11-01-2003 30112301 GEORGETOWN UN 107000.00 37590.00 144590.00 2506000.00 939.75 11-01-2003 30112302 GEORGETOWN UN 255000.00 129200.00 384200.00 6460000.00 2,422.50 11-01-2003 30112303 GEORGETOWN UN 100782.36 6184.37 106966.73 412290.67 154.61 11-01-2003 30113801 HOFSTRA UNIVE 69952.65 22871.07 92823.72 1524738.21 571.78 11-01-2003 30114001 HOOD COLLEGE 17000.00 4313.75 21313.75 238000.00 89.25 11-01-2003 30116902 LONG ISLAND U 0.00 4687.50 4687.50 249999.99 93.75 11-01-2003 30116903 LONG ISLAND U 10037.39 2143.51 12180.90 142900.62 53.59 11-01-2003 30116904 LONG ISLAND U 35086.65 7492.84 42579.49 499522.59 187.32 11-01-2003 30117402 LYCOMING COLL 0.00 3425.63 3425.63 189000.00 70.88 11-01-2003 30117403 LYCOMING COLL 0.00 4968.75 4968.75 264999.99 99.37 11-01-2003 30117501 LYNCHBURG COL 0.00 7462.50 7462.50 398000.00 149.25 11-01-2003 30117502 LYNCHBURG COL 0.00 8100.00 8100.00 540000.00 202.50 11-01-2003 30117602 MACALESTER CO 8968.83 5782.83 14751.66 385521.94 144.57 11-01-2003 30118302 MARY BALDWIN 0.00 5113.13 5113.13 303000.00 113.63 11-01-2003 30118401 MARYMOUNT UNI 0.00 7650.00 7650.00 510000.00 191.25 11-01-2003 30119202 MERCER UNIVER 14622.28 5667.07 20289.35 377804.34 141.68 11-01-2003 30119801 MILLSAPS COLL 20000.00 7740.00 27740.00 516000.00 193.50 11-01-2003 30120402 MORAVIAN COLL 15000.00 2986.88 17986.88 177000.00 66.38 11-01-2003 30120601 MORGAN STATE 65851.79 26892.37 92744.16 1792824.37 672.31
GMAC Commercial Mortgage College & Trust Facility Loan Trust II Service Fees Schedule For the Quarter Ended December 31, 2003
=========================================================================================================== GMACCM Borrower Principal Interest Total Principal Service Date Due Number Name Due Due Due Balance Fees =========================================================================================================== 11-01-2003 30120701 MORRIS BROWN 0.00 1987.50 1987.50 106000.00 39.75 11-01-2003 30120704 MORRIS BROWN 0.00 768.75 768.75 41000.00 15.38 11-01-2003 30120705 MORRIS BROWN 0.00 15375.00 15375.00 1025000.00 384.38 11-01-2003 30120706 MORRIS BROWN 0.00 4050.00 4050.00 270000.00 101.25 11-01-2003 30120801 MORRIS COLLEG 55000.00 6345.00 61345.00 423000.00 158.63 11-01-2003 30121901 NORTH GREENVI 11000.00 165.00 11165.00 11000.00 4.13 11-01-2003 30122302 NORTHEASTERN 68582.27 38617.30 107199.57 2574486.90 965.43 11-01-2003 30122303 NORTHEASTERN 12931.23 390.91 13322.14 26060.59 9.77 11-01-2003 30124901 RANDOLPH-MACO 13000.00 3075.00 16075.00 205000.00 76.88 11-01-2003 30125102 REGIS COLLEGE 35000.00 6150.00 41150.00 410000.00 153.75 11-01-2003 30125504 RIDER COLLEGE 110000.00 26462.50 136462.50 1460000.00 547.50 11-01-2003 30125506 RIDER COLLEGE 0.00 5430.00 5430.00 362000.00 135.75 11-01-2003 30126102 RUTGERS, THE 0.00 10406.25 10406.25 555000.00 208.13 11-01-2003 30127602 ST MICHAELS C 64497.24 22362.76 86860.00 1490850.68 559.07 11-01-2003 30127801 ST PAULS COLL 14386.83 5875.26 20262.09 391683.82 146.88 11-01-2003 30128001 ST VINCENT CO 0.00 8487.50 8487.50 485000.00 181.88 11-01-2003 30128301 CALIFORNIA ST 120000.00 7275.00 127275.00 485000.00 181.88 11-01-2003 30128401 SANGAMON STAT 30000.00 15300.00 45300.00 1020000.00 382.50 11-01-2003 30128602 SEATTLE UNIVE 52000.00 5010.00 57010.00 334000.00 125.25 11-01-2003 30128802 SETON HILL CO 19000.00 5002.50 24002.50 276000.00 103.50 11-01-2003 30130703 SPRINGFIELD C 0.00 6177.50 6177.50 353000.00 132.38 11-15-2003 30130704 SPRINGFIELD C 6999.15 429.49 7428.64 28632.70 10.74 11-01-2003 30132601 TRANSYLVANIA 38000.00 5100.00 43100.00 340000.00 127.50 11-01-2003 30133301 UNIVERSITY OF 190000.00 18600.00 208600.00 1240000.00 465.00 11-01-2003 30133802 UNIVERSITY OF 17000.00 1800.00 18800.00 120000.00 45.00 11-01-2003 30134304 UNIV OF DELAW 160000.00 9900.00 169900.00 660000.00 247.50 11-01-2003 30135601 UNIV N CAROLI 120000.00 4830.00 124830.00 322000.00 120.75 11-01-2003 30137501 UTICA COLLEGE 46000.00 5325.00 51325.00 355000.00 133.13 11-01-2003 30138101 VIRGINIA WESL 33000.00 3420.00 36420.00 228000.00 85.50 11-01-2003 30138102 VIRGINIA WESL 16000.00 2160.00 18160.00 144000.00 54.00 11-01-2003 30138702 WESLEY COLLEG 0.00 2801.25 2801.25 166000.00 62.25 11-01-2003 30140102 WHEELING COLL 9000.00 735.00 9735.00 49000.00 18.38 11-01-2003 30140201 WHEELOCK COLL 1060.57 285.29 1345.86 19018.50 7.13 11-01-2003 30140502 WITTENBERG UN 0.00 9225.00 9225.00 615000.00 230.63 11-01-2003 30140503 WITTENBERG UN 11000.00 3060.00 14060.00 204000.00 76.50 11-01-2003 30140801 WRIGHT STATE 0.00 5835.00 5835.00 389000.00 145.88 11-01-2003 30141001 YORK HOSPITAL 0.00 4605.00 4605.00 307000.00 115.13 ------------------------------------------------------------------- - ------------------------------------------------------------------- TOTALS: 3,238,052.01 845,477.41 4,083,529.4 52,922,074.40 19,845.91 =================================================================== =================================================================== December - -------- 12-01-2003 30101601 AUBURN UNIVER 90000.00 27525.00 117525.00 1835000.00 688.13 12-01-2003 30104702 CARROLL COLLE 0.00 5062.50 5062.50 270000.00 101.25 12-01-2003 30104703 CARROLL COLLE 3674.15 2068.84 5742.99 137922.42 51.72
GMAC Commercial Mortgage College & Trust Facility Loan Trust II Service Fees Schedule For the Quarter Ended December 31, 2003
========================================================================================================== GMACCM Borrower Principal Interest Total Principal Service Date Due Number Name Due Due Due Balance Fees ========================================================================================================== 12-01-2003 30105101 CATAWBA COLLE 12000.00 2415.00 14415.00 161000.00 60.38 12-01-2003 30105701 CHAMPLAIN COL 4938.29 1812.64 6750.93 120842.77 45.32 12-01-2003 30106401 COKER COLLEGE 13000.00 1470.00 14470.00 97999.99 36.75 12-01-2003 30111803 GANNON UNIVER 3412.13 2686.05 6098.18 179070.20 67.15 12-01-2003 30112202 GEORGETOWN CO 50000.00 4785.00 54785.00 319000.00 119.63 12-01-2003 30112203 GEORGETOWN CO 80000.00 9000.00 89000.00 600000.00 225.00 12-01-2003 30113501 HIGH POINT CO 14000.00 3360.00 17360.00 224000.00 84.00 12-01-2003 30114706 INDIANA UNIVE 108000.00 2025.00 110025.00 216000.00 81.00 12-01-2003 30115001 JAMES MADISON 0.00 15600.00 15600.00 1040000.00 390.00 12-01-2003 30116601 LENOIR RHYNE 25000.00 1410.00 26410.00 94000.00 35.25 12-01-2003 30117002 LONG ISLAND U 0.00 7703.13 7703.13 425000.00 159.38 12-01-2003 30119903 MISSISSIPPI S 60000.00 20250.00 80250.00 1350000.00 506.25 12-01-2003 30121501 NORFOLK STATE 50252.45 36924.33 87176.78 2461622.14 923.11 12-01-2003 30122701 NOVA UNIVERSI 45000.00 3375.00 48375.00 225000.00 84.38 12-01-2003 30123103 OUACHITA BAPT 4000.00 240.00 4240.00 16000.00 6.00 12-01-2003 30127402 ST MARY'S COL 9000.00 5400.00 14400.00 360000.00 135.00 12-01-2003 30131702 TALLADEGA COL 14000.00 4575.00 18575.00 308895.00 115.84 12-01-2003 30134305 UNIVERSITY OF 15000.00 8460.00 23460.00 564000.00 211.50 12-01-2003 30136002 UNIVERSITY OF 0.00 18135.00 18135.00 1209000.00 453.38 12-01-2003 30137701 VERMONT STATE 0.00 3900.00 3900.00 260000.00 97.50 12-01-2003 30137901 VINCENNES UNI 0.00 49650.00 49650.00 3310000.00 1,241.25 12-01-2003 30138001 VIRGINIA COMM 0.00 26580.00 26580.00 1771999.99 664.50 12-01-2003 30138002 COMMONWEALTH 0.00 2775.00 2775.00 185000.00 69.38 -------------------------------------------------------------------- TOTALS: 601,277.02 267,187.49 868,464.51 17,741,352.51 6,653.05 ==================================================================== TOTALS FOR QTR 6,050,410.05 1,650,452.72 7,700,862.77 105,188,428.82 39,446.04 ====================================================================
GMAC Commercial Mortgage College and University Loan Trust II Paid In Full Loan Schedule For the Quarter Ended December 31, 2003
====================================================================================== Loan Total Number Payoff Date Amount Principal Interest Other Maturity Paid Amount Amount Fees Date ====================================================================================== 30107201 10-03-03 18270.00 18000.00 270.00 10-01-2003 30116101 10-03-03 59995.63 59000.00 995.63 10-01-2003 30124001 10-10-03 132356.25 130000.00 2356.25 10-01-2003 30130902 10-03-03 22385.00 22000.00 385.00 10-01-2003 30121901 11-03-03 11165.00 11000.00 165.00 11-01-2003 30114706 12-01-03 110025.00 108000.00 2025.00 12-01-2003 30129202 12-31-03 334950.00 330000.00 4950.00 4-01-2018 30130801 12-08-03 35525.00 35000.00 525.00 10-01-2004 ----------------------------------------------------- TOTALS 724,671.88 713,000.00 11,671.88 - =====================================================
* Please note that service fees have not yet been deducted. GMAC Commercial Mortgage College and University Loan Trust II Summary of Partial Prepayments For Quarter ending December 31, 2003
================================================================================ Loan Payoff Total Principal Interest Number Date Amount Paid Amount Amount ================================================================================ 30138403 11-03-2003 100.00 100.00 0.00 ----------------------------------------- TOTAL: 100.00 100.00 - =========================================
GMAC Commercial Mortgage College and University Loan Trust II Trial Balance For Quarter ending December 31, 2003
=============================================================================================== GMACCM Interest Number Borrower Name Rate Current UPB Maturity Date - ----------------------------------------------------------------------------------------------- 30100102 ALABAMA AGRICULTURAL 3.00 145,000.00 7-01-2005 30100103 ALABAMA AGRICULTURAL 3.00 1,550,000.00 5-01-2018 30100201 ALBION COLLEGE 3.00 74,640.00 10-01-2009 30100301 ALBRIGHT COLLEGE 3.00 408,000.00 11-01-2015 30101102 ANDERSON COLLEGE 3.00 105,000.00 3-01-2006 30101303 ARIZONA STATE UNIVERSITY 3.00 480,000.00 4-01-2006 30101601 AUBURN UNIVERSITY 3.00 1,745,000.00 12-01-2018 30101701 AZUSA PACIFIC UNIVERSITY 3.75 169,000.00 4-01-2015 30102301 BECKER JUNIOR COLLEGE 3.00 67,000.00 4-01-2005 30102401 BELLARMINE COLLEGE 3.63 9,999.97 5-01-2004 30102602 BENEDICT COLLEGE 3.75 22,000.00 11-01-2004 30102603 BENEDICT COLLEGE 3.00 332,000.00 11-01-2006 30102604 BENEDICT COLLEGE 3.00 1,532,000.00 11-01-2020 30102701 BENTLEY COLLEGE 3.00 830,000.00 11-01-2007 30102802 BETHANY COLLEGE - DORM BOND 1965 3.38 211,000.00 11-01-2012 30102803 BETHANY COLLEGE - HALL BOND 1967 3.00 230,000.00 11-01-2017 30102804 BETHANY COLLEGE - NOTE OF 1973 3.00 380,000.00 11-01-2012 30103001 BOSTON ARCHITECTURAL CENTER 3.75 18,000.00 11-01-2004 30103302 BRANDEIS UNIVERSITY 3.00 199,050.89 11-01-2011 30103901 CALIFORNIA STATE COLLEGES 3.00 485,000.00 11-01-2007 30104001 CALIFORNIA STATE UNIVERSITY, 3.00 140,000.00 11-01-2006 30104102 CALIFORNIA STATE UNIVERSITY, 3.00 905,000.00 11-01-2013 30104201 TRUST SERVICES DIVISION 3.00 2,178,000.00 11-01-2019 30104401 CAMERON UNIVERSITY 3.00 1,180,000.00 4-01-2007 30104502 CANISIUS COLLEGE CONST & CONSO BND 1967 3.00 1,275,000.00 11-01-2017 30104604 CARNEGIE MELLON 3.00 170,000.00 5-01-2009 30104605 CARNEGIE MELLON 3.00 820,000.00 11-01-2017 30104702 CARROLL COLLEGE 3.75 270,000.00 6-01-2014 30104703 CARROLL COLLEGE 3.00 134,248.27 6-01-2018 30104801 CARROLL COLLEGE - DORM BOND 1965 3.75 348,000.00 3-01-2015 30105101 CATAWBA COLLEGE 3.00 149,000.00 12-01-2009 30105403 CENTRAL MISSOURI STATE 3.63 94,000.00 7-01-2004 30105404 030105403ISSOURI STATE 3.00 475,000.00 7-01-2007 30105701 CHAMPLAIN COLLEGE, INC 3.00 115,904.48 12-01-2013 30105801 CHAPMAN COLLEGE 3.00 420,000.00 10-01-2013 30105802 CHAPMAN COLLEGE 3.00 107,000.00 11-01-2005 30105803 CHAPMAN COLLEGE 3.00 112,000.00 11-01-2007 30105901 CHATEAU COMM HOUSING ASSC 3.00 1,110,000.00 10-01-2012 30106002 CISCO JUNIOR COLLEGE 3.00 78,000.00 7-01-2005 30106301 CLEMSON UNIVERSITY - STUDENT FAC 1966 3.00 105,000.00 7-01-2005 30106401 COKER COLLEGE 3.00 84,999.99 12-01-2009 30106702 COLLEGE OF SAINT ROSE 3.00 788,394.88 5-01-2022 30106802 COLLEGE OF ST. THOMAS 3.00 324,000.00 11-01-2009 30106902 COLLEGE OF SANTA FE 3.00 64,000.00 10-01-2005 30106904 COLLEGE OF SANTA FE 3.00 491,000.00 10-01-2018 30107002 COLLEGE OF THE HOLY CROSS 3.63 750,000.00 10-01-2013 30107003 COLLEGE OF THE HOLY CROSS 3.00 325,000.00 10-01-2006 30107403 COLUMBIA COLLEGE 3.63 44,000.00 7-01-2004 30107404 COLUMBIA COLLEGE 3.00 30,000.00 7-01-2006
Page 1 of 5 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance For Quarter ending December 31, 2003
=============================================================================================== GMACCM Interest Number Borrower Name Rate Current UPB Maturity Date - ----------------------------------------------------------------------------------------------- 30107601 CONCORDIA COLLEGE 3.00 81,000.00 4-01-2009 30107701 CONCORDIA COLLEGE 3.00 615,000.00 5-01-2019 30108101 CUMBERLAND COLLEGE 3.00 258,000.00 8-01-2017 30108202 DAEMEN COLLEGE(ROSARY HILL COLLEGE) 3.00 505,000.00 4-01-2016 30108301 DAKOTA WESLEYAN UNIVERSITY 3.00 145,000.00 10-01-2015 30108801 DILLARD UNIVERSITY 3.00 131,000.00 4-01-2008 30109301 DOWLING COLLEGE 3.00 404,000.00 10-01-2010 30109502 DREXEL UNIVERSITY 3.50 960,000.00 5-01-2014 30109604 DRURY COLLEGE 3.00 217,000.00 4-01-2015 30109605 DRURY COLLEGE 3.00 325,000.00 10-01-2010 30109801 DYOURVILLE COLLEGE 3.00 901,535.00 4-01-2018 30110101 ELIZABETH CITY STATE UNIVERSITY 3.00 310,000.00 10-01-2017 30110301 EMBRY RIDDLE AERONAUTICAL UNIV 3.00 240,000.00 9-01-2007 30110401 EMMANUEL COLLEGE 3.00 121,000.00 11-01-2013 30110802 FAIRLEIGH DICKINSON UNIV 3.00 1,350,000.00 11-01-2017 30111101 FLORIDA A & M UNIVERSITY - DORM 64 3.63 38,000.00 7-01-2004 30111201 FLORIDA ATLANTIC UNIVERSITY 3.50 17,000.00 7-01-2004 30111202 FLORIDA ATLANTIC UNIVERSITY-SER A 3.00 145,000.00 7-01-2006 30111301 FLORIDA INSTITUTE OF TECHNOLOGY 3.00 116,000.00 11-01-2009 30111503 FLORIDA STATE UNIVERSITY - DORM 69 3.00 430,000.00 1-01-2009 30111603 FT HAYES STATE UNIVERSITY 3.00 80,000.00 10-01-2007 30111701 FT LEWIS COLLEGE 3.00 230,000.00 10-01-2006 30111802 GANNON UNIV. - DORM BOND 1969, SER A 3.00 489,999.98 11-01-2011 30111803 GANNON UNIVERSITY 3.00 175,658.07 12-01-2022 30111901 GAVILAN COLLEGE 3.00 35,000.00 4-01-2006 30112002 GEORGE FOX COLLEGE 3.00 647,127.18 7-01-2018 30112202 GEORGETOWN COLLEGE 3.00 269,000.00 12-01-2008 30112203 GEORGETOWN COLLEGE 3.00 520,000.00 12-01-2009 30112301 GEORGETOWN UNIVERSITY 3.00 2,399,000.00 11-01-2020 30112302 GEORGETOWN UNIVERSITY 4.00 6,205,000.00 11-01-2020 30112303 GEORGETOWN UNIVERSITY 3.00 311,508.31 5-01-2005 30112402 GEORGIA EDUCATION AUTHORITY 3.38 102,988.88 1-01-2003 30112901 HAMPSHIRE COLLEGE 3.00 277,866.00 7-01-2013 30112902 HAMPSHIRE COLLEGE 3.00 1,057,422.08 2-01-2014 30113101 HARPER GRACE HOSPITAL 3.63 235,000.00 4-01-2005 30113401 HESSTON COLLEGE 3.00 67,000.00 4-01-2006 30113501 HIGH POINT COLLEGE 3.00 210,000.00 12-01-2010 30113601 HINDS JUNIOR COLLEGE 3.00 1,449,000.00 4-01-2013 30113702 HIWASSEE COLLEGE 3.00 165,854.71 9-15-2018 30113801 HOFSTRA UNIVERSITY 3.00 1,454,785.56 11-01-2012 30114001 HOOD COLLEGE 3.63 221,000.00 11-01-2014 30114201 HUSTON-TILLOTSON COLLEGE - DORM 1964 3.50 305,000.00 4-01-2014 30114302 HUNTINGDON COLLEGE - DORM 1968 3.00 145,000.00 10-01-2008 30114801 INTER AMERICAN UNIVERSITY OF PUERTO RICO 3.00 55,000.00 9-01-2007 30114802 INTER-AMERICAN UNIV. OF PUERTO RICO 3.00 1,923,653.13 1-01-2017 30115001 JAMES MADISON UNIVERSITY 3.00 1,040,000.00 6-01-2009 30115502 KANSAS STATE UNIVERSITY 3.63 170,000.0 4-01-2004 30115602 KENDALL COLLEGE 3.00 132,000.0 10-01-2008 30115803 KNOX COLLEGE - DORM BONDS 1966 3.00 150,000.0 4-01-2006
Page 2 of 5 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance For Quarter ending December 31, 2003
=============================================================================================== GMACCM Interest Number Borrower Name Rate Current UPB Maturity Date - ----------------------------------------------------------------------------------------------- 30115901 LA GRANGE COLLEGE 3.00 195,000.0 3-01-2009 30116102 LANGSTON UNIVERSITY 3.00 525,000.0 4-01-2007 30116201 LASSEN JUNIOR COLLEGE 3.00 399,000.0 4-01-2020 30116601 LENOIR RHYNE COLLEGE 3.00 69,000.0 12-01-2006 30116801 LINFIELD COLLEGE - HALL BONDS 1968 3.00 67,000.0 10-01-2017 30116902 LONG ISLAND UNIVERSITY 3.75 249,999.9 5-01-2005 30116903 LONG ISLAND UNIVERSITY 3.00 132,863.2 11-01-2009 30116904 LONG ISLAND UNIVERSITY 3.00 464,435.9 11-01-2009 30117002 LONG ISLAND UNIVERSITY 3.63 425,000.0 6-01-2014 30117102 LONG ISLAND UNIVERSITY 3.75 21,000.0 10-01-2004 30117202 LOUISIANA STATE UNIV - BOND 1964B 3.63 166,000.0 7-01-2004 30117204 LA. STATE UNIV. 1965 BOND SER B 3.00 98,000.0 7-01-2005 30117205 LA. STATE UNIV. 1966 BOND SER C 3.00 115,000.0 7-01-2006 30117402 LYCOMING COLLEGE 3.63 189,000.0 5-01-2014 30117403 LYCOMING COLLEGE 3.75 264,999.9 5-01-2015 30117501 LYNCHBURG COLLEGE 3.75 398,000.0 5-01-2015 30117502 LYNCHBURG COLLEGE 3.00 540,000.0 5-01-2018 30117602 MACALESTER COLLEGE 3.00 376,553.1 5-01-2020 30117801 MARIAN COLLEGE OF FOND DU LAC 3.00 435,000.0 10-01-2016 30118302 MARY BALDWIN COLLEGE 3.38 303,000.0 5-01-2012 30118401 MARYMOUNT UNIVERSITY 3.00 510,000.0 5-01-2016 30118701 MCLENNAN COMMUNITY COLLEGE 3.00 340,000.0 4-01-2006 30119001 SLOAN-MEMORIAL KETTERING CANCER CENTER 3.38 734,000.0 4-01-2012 30119202 MERCER UNIV ACCOUNT 3.00 363,182.06 5-01-2014 30119301 MERCY COLLEGE 3.63 1,100,000.0 10-01-2013 30119701 MIDLAND LUTHERAN COLLEGE 3.00 32,000.0 4-01-2005 30119801 MILLSAPS COLLEGE 3.00 496,000.0 11-01-2021 30119903 MISSISSIPPI STATE UNIVERSITY 3.00 1,290,000.0 12-01-2020 30120402 MORAVIAN COLLEGE 3.38 162,000.0 11-01-2012 30120501 MOREHOUSE COLLEGE 3.00 569,999.5 7-01-2010 30120601 MORGAN STATE UNIVERSTIY 3.00 1,726,972.5 11-01-2014 30120701 MORRIS BROWN COLLEGE 3.75 106,000.0 5-01-2007 30120704 MORRIS BROWN COLLEGE 3.75 41,000.0 5-01-2004 30120705 MORRIS BROWN COLLEGE 3.00 1,025,000.0 5-01-2018 30120706 MORRIS BROWN COLLEGE 3.00 270,000.0 5-01-2010 30120801 MORRIS COLLEGE 3.00 368,000.0 11-01-2009 30121101 NEW ENGLAND COLLEGE 3.00 127,000.0 4-01-2016 30121201 NEWARK BETH ISREAL MEDICAL CENTER 3.63 515,000.0 1-01-2014 30121301 NIACC DORMITORIES, INC 3.00 49,618.7 10-01-2012 30121501 NORFOLK STATE UNIVERSITY 3.00 2,411,369.6 12-01-2021 30121801 NORTH CAROLINA STATE UNIVERSITY 3.63 105,000.0 9-01-2004 30122302 NORTHEASTERN UNIVERSITY 3.00 2,505,904.6 5-01-2018 30122303 NORTHEASTERN UNIVERSITY 3.00 13,129.3 5-01-2004 30122701 NOVA UNIVERSITY 3.00 180,000.0 12-01-2007 30122802 OCCIDENTAL COLLEGE 3.00 232,000.0 10-01-2019 30123001 OLYMPIC COMMUNITY COLLEGE 3.00 144,999.9 10-01-2008 30123103 OUACHITA BAPTIST UNIVERSITY 3.00 12,000.0 12-01-2006 30123401 PAINE COLLEGE 3.00 742,999.9 10-01-2016 30123701 UNIVERSITY OF THE ARTS 3.00 2,044,351.10 1-01-2022
Page 3 of 5 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance For Quarter ending December 31, 2003
=============================================================================================== GMACCM Interest Number Borrower Name Rate Current UPB Maturity Date - ----------------------------------------------------------------------------------------------- 30124701 PURDUE UNIVERSITY 3.63 215,000.00 7-01-2004 30124702 PURDUE UNIVERSITY 3.00 78,000.00 7-01-2005 30124803 QUEENS COLLEGE 3.63 27,000.00 7-01-2004 30124901 RANDOLPH MACON COLLEGE 3.00 192,000.00 5-01-2010 30125102 REGIS COLLEGE 3.00 375,000.00 11-01-2012 30125401 RHODE ISLAND COLLEGE 3.00 69,999.99 10-01-2005 30125504 RIDER COLLEGE 3.63 1,350,000.00 11-01-2013 30125506 RIDER COLLEGE 3.00 362,000.00 5-01-2017 30125601 RIO GRANDE COLLEGE 3.00 55,916.83 3-30-2009 30126102 RUTGERS, THE STATE UNIVERSITY 3.75 555,000.00 5-01-2016 30127401 ST MARY'S JUNIORCOLLEGE 3.00 35,000.00 3-01-2005 30127402 ST MARY'S COLLEGE 3.00 351,000.00 6-01-2020 30127602 SAINT MICHAELS COLLEGE 3.00 1,426,353.44 5-01-2013 30127702 SAINT NORBERT COLLEGE 3.63 42,000.00 4-01-2004 30127703 SAINT NORBERT COLLEGE 3.00 191,000.00 4-01-2007 30127801 SAINT PAULS COLLEGE 3.00 377,296.99 11-01-2014 30128001 SAINT VINCENT COLLEGE 3.50 485,000.00 5-01-2013 30128301 CALIFORNIA STATE COLLEGES 3.00 365,000.00 11-01-2006 30128401 UNIVERSITY OF ILLINOIS 3.00 990,000.00 11-01-2018 30128602 SEATTLE UNIVERSITY - 1967 PHYS ED 3.00 282,000.00 11-01-2008 30128802 SETON HILL COLLEGE 3.63 257,000.00 11-01-2014 30129101 SIMPSON COLLEGE - BOND 1966 3.00 254,000.00 7-01-2016 30129402 SOUTHEAST MISSOURI STATE UNIV(ESCROW) 3.00 541,000.00 4-01-2007 30129802 SOUTHERN METHODIST UNIVERSITY 3.00 268,000.00 10-01-2007 30129901 BETHANY NAZARENE_UNIVERSITY 3.75 80,000.00 4-01-2005 30130301 SOUTHWEST TEXAS STATE UNIVERSITY 3.00 1,830,000.00 10-01-2015 30130502 SPALDING UNIVERSITY 3.00 156,000.00 9-01-2007 30130703 SPRINGFIELD COLLEGE 3.50 353,000.00 5-01-2013 30130704 SPRINGFIELD COLLEGE 3.00 21,633.55 5-15-2005 30130903 STEPHEN F AUSTIN STATE UNIVERSITY 3.38 1,397,000.00 10-01-2012 30131003 JOHN B. STETSON UNIVERSITY 3.00 83,000.00 1-01-2006 30131101 STILLMAN COLLEGE 3.75 28,000.00 2-01-2004 30131301 SUNY, MOHAWK VALLEY COMMUNITY 3.00 165,000.00 4-01-2005 30131702 TALLADEGA COLLEGE 3.00 294,895.00 12-01-2012 30132002 TAYLOR UNIVERSITY 3.00 197,000.00 10-01-2012 30132003 TAYLOR UNIVERSITY 3.00 611,000.00 10-01-2013 30132301 TEXAS A & I UNIV-BLDG SYS SER 1969A 3.00 411,000.00 7-01-2009 30132402 TEXAS SOUTHERN UNIVERSITY 3.50 380,000.00 4-01-2013 30132601 TRANSYLVANIA UNIVERSITY 3.00 302,000.00 11-01-2010 30132904 TUFTS UNIVERSITY 3.00 1,985,000.00 10-01-2021 30133201 UNIV STUDENT COOP HOUSING 3.00 1,325,000.00 4-01-2019 30133301 UNIVERSITY OF ALABAMA 3.00 1,050,000.00 11-01-2008 30133802 UNIV OF LITTLE ROCK ARKANSAS 3.00 103,000.00 11-01-2009 30134002 ARKANSAS STATE TEACHERS COLLEGE 3.00 228,000.00 4-01-2005 30134101 UNIVERSITY OF CENTRAL FLORIDA 3.00 255,000.00 10-01-2007 30134304 UNIVERSITY OF DELAWARE 3.00 500,000.00 11-01-2006 30134305 UNIVERSITY OF DELAWARE 3.00 549,000.00 12-01-2018 30134402 UNIVERSITY OF FLORIDA / REV. CERTS.,84 3.00 1,725,000.00 7-01-2014 30134901 UNIVERSITY OF MICHIGAN 3.75 750,000.00 10-01-2005
Page 4 of 5 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance For Quarter ending December 31, 2003
=============================================================================================== GMACCM Interest Number Borrower Name Rate Current UPB Maturity Date - ----------------------------------------------------------------------------------------------- 30135601 UNIVERSITY OF NORTH CAROLINA 3.00 202,000.00 11-01-2005 30135701 UNIVERSITY OF NORTH CAROLINA 3.00 345,000.00 1-01-2008 30135702 UNIVERSITY OF NORTH CAROLINA 3.00 25,000.00 1-01-2007 30135801 UNIVERSITY OF NOTRE DAME 3.00 841,942.76 2-15-2019 30135903 UNIVERSITY OF PORTLAND 3.38 590,000.00 4-01-2013 30136002 UNIVERSITY OF PUERTO RICO 3.00 1,209,000.00 6-01-2011 30136601 UNIVERSITY OF SOUTH FLORIDA DORM 1965 3.75 280,000.00 7-01-2005 30136801 UNIVERSITY OF ST THOMAS 3.00 546,000.00 10-01-2019 30136901 UNIV OF STEUBENVILLE 3.13 224,000.00 4-01-2010 30137501 UTICA COLLEGE OF SYRACUSE 3.00 309,000.00 11-01-2009 30137701 VERMONT STATE COLLEGE 3.00 260,000.00 6-01-2008 30137702 VERMONT STATE COLLEGE 3.00 196,000.00 7-01-2014 30137802 VILLANOVA UNIVERSITY 3.00 985,000.00 4-01-2019 30137901 VINCENNES UNIVERSITY 3.00 3,310,000.00 6-01-2023 30138001 VIRGINIA COMMONWEALTH 3.00 1,771,999.99 6-01-2011 30138002 VIRGINA COMMONWEALTH UNIVERSITY 3.00 185,000.00 6-01-2004 30138101 VIRGINIA WESELAN COLLEGE 3.00 195,000.00 11-01-2009 30138102 VIRGINA ST WESELEYAN COLLEGE 3.00 128,000.00 11-01-2010 30138202 WALDORF COLLEGE 3.00 73,000.00 7-01-2005 30138302 WARTBURG COLLEGE ACCT#WART465CD 3.75 112,000.00 4-01-2011 30138402 WASHINGTON STATE UNIV. - 1965 SERIES-E 3.63 140,000.00 4-01-2004 30138403 WASHINGTON STATE UNIV.- 1965 SERIES-F 3.75 89,900.00 4-01-2004 30138702 WESLEY COLLEGE 3.38 166,000.00 5-01-2013 30138801 WEST KERN JR. COLLEGE DISTRICT 3.63 13,000.00 4-01-2004 30139001 WEST VALLEY COLLEGE 3.00 295,000.00 4-01-2009 30139503 WEST WASHINGTON STATE COLLEGE 3.63 110,000.00 10-01-2004 30139504 WESTERN WASHINGTON STATE COLLEGE 3.75 140,000.00 10-01-2005 30140003 WHEATON COLLEGE 3.50 635,000.00 4-01-2013 30140102 WHEELING COLLEGE 3.00 40,000.00 11-01-2007 30140201 WHEELOCH COLLEGE 3.00 16,881.44 5-01-2011 30140502 WITTENBERG UNIVERSITY 3.00 615,000.00 5-01-2015 30140503 WITTENBERG UNIVERSITY 3.00 193,000.00 11-01-2017 30140601 THE COLLEGE OF WOOSTER 3.00 26,586.60 3-30-2009 30140801 WRIGHT STATE UNIVERSITY 3.00 389,000.00 5-01-2009 30141001 YORK HOSPITAL 3.00 307,000.00 5-01-2020 -------------- TOTALS: 112,453,423.85 ==============
GMAC Commercial Mortgage College and University Loan Trust II Delinquency Report (60+ Days) For Quarter ending December 31, 2003
================================================================================= Next GMACCM Payment Loan Number Borrower Name Due P and I Due Current UPB - --------------------------------------------------------------------------------- 30106002 CISCO JUNIOR 7-01-2002 39,800.00 78,000.00 30112402 UNIVERSITY SY 1-01-2003 104,713.31 102,988.88 30123001 OLYMPIC COMMU 10-01-2003 19,999.98 144,999.98 -------------- TOTAL: 164,513.29 ==============
GMAC Commercial Mortgage College and University Loan Trust II Liquidation Report For Quarter ending December 31, 2003 None to report for this period GMAC Commercial Mortgage College and University Loan Trust II Collection Account Activity Report For the Period of May 1, 2004 through May 31, 2004 Collections: Principal Payments 3,337,779.61 Interest Payments 816,543.80 ------------- Total Principal and Interest Collections 4,154,323.41 Payments and Reversals Posted to Suspense (599,956.25) ------------- Total Collections 3,554,367.16 Less: Servicing Fees (not withheld from remittances) (18,635.36) ------------- Net Collections 3,535,731.80 ============= GMAC Commercial Mortgage College & Trust Facility Loan Trust II Service Fees Schedule For the Period of May 1, 2004 through May 31, 2004
=========================================================================================================== GMACCM Principal Interest Principal Service Date Due Number Borrower Name Due Due Total Due Balance Fees =========================================================================================================== 5-01-2004 30100103 ALABAMA AGRIC 85,000.00 23,250.00 108,250.00 1,550,000.00 581.25 5-01-2004 30100301 ALBRIGHT COLL 0.00 6,120.00 6,120.00 408,000.00 153.00 5-01-2004 30102401 BELLARMINE CO 9,999.97 181.25 10,181.22 19,999.94 7.50 5-01-2004 30102602 BENEDICT COLL 0.00 412.50 412.50 22,000.00 8.25 5-01-2004 30102603 BENEDICT COLL 0.00 4,980.00 4,980.00 332,000.00 124.50 5-01-2004 30102604 BENEDICT COLL 0.00 22,980.00 22,980.00 1,532,000.00 574.50 5-01-2004 30102701 BENTLEY COLLE 0.00 12,450.00 12,450.00 830,000.00 311.25 5-01-2004 30102802 BETHANY COLLE 0.00 3,560.63 3,560.63 211,000.00 79.13 5-01-2004 30102803 BETHANY COLLE 0.00 3,450.00 3,450.00 230,000.00 86.25 5-01-2004 30102804 BETHANY COLLE 17,500.00 5,700.00 23,200.00 380,000.00 142.50 5-01-2004 30103001 BOSTON ARCHIT 0.00 337.50 337.50 18,000.00 6.75 5-01-2004 30103302 BRANDEIS UNIV 11,100.08 2,985.76 14,085.84 199,050.89 74.64 5-01-2004 30103901 CALIFORNIA ST 0.00 7,275.00 7,275.00 485,000.00 181.88 5-01-2004 30104001 CALIFORNIA ST 0.00 2,100.00 2,100.00 140,000.00 52.50 5-01-2004 30104102 CALIFORNIA ST 0.00 13,575.00 13,575.00 905,000.00 339.38 5-01-2004 30104201 CALIFORNIA ST 0.00 32,670.00 32,670.00 2,178,000.00 816.75 5-01-2004 30104502 CANISIUS COLL 0.00 19,125.00 19,125.00 1,275,000.00 478.13 5-01-2004 30104604 CARNEGIE-MELL 25,000.00 2,550.00 27,550.00 170,000.00 63.75 5-01-2004 30104605 CARNEGIE-MELL 25,000.00 12,300.00 37,300.00 820,000.00 307.50 5-01-2004 30105802 CHAPMAN COLLE 0.00 1,605.00 1,605.00 107,000.00 40.13 5-01-2004 30105803 CHAPMAN COLLE 0.00 1,680.00 1,680.00 112,000.00 42.00 5-01-2004 30106702 COLLEGE OF ST 16,094.57 11,825.93 27,920.50 788,394.88 295.65 5-01-2004 30106802 COLLEGE OF ST 0.00 4,860.00 4,860.00 324,000.00 121.50 5-01-2004 30107701 CONCORDIA COL 30,000.00 9,225.00 39,225.00 615,000.00 230.63 5-01-2004 30109502 DREXEL UNIVER 80,000.00 16,800.00 96,800.00 960,000.00 360.00 5-01-2004 30110401 EMMANUEL COLL 0.00 1,815.00 1,815.00 121,000.00 45.38 5-01-2004 30110802 FAIRLEIGH DIC 0.00 20,250.00 20,250.00 1,350,000.00 506.25 5-01-2004 30111301 FLORIDA INSTI 0.00 1,740.00 1,740.00 116,000.00 43.50 5-01-2004 30111802 GANNON UNIVER 0.00 7,350.00 7,350.00 489,999.98 183.75 5-01-2004 30112301 GEORGETOWN UN 0.00 35,985.00 35,985.00 2,399,000.00 899.63 5-01-2004 30112302 GEORGETOWN UN 0.00 124,100.00 124,100.00 6,205,000.00 2,326.88 5-01-2004 30112303 GEORGETOWN UN 102,294.11 4,672.62 106,966.73 311,508.31 116.82 5-01-2004 30113801 HOFSTRA UNIVE 71,001.94 21,821.78 92,823.72 1,454,785.56 545.54 5-01-2004 30114001 HOOD COLLEGE 0.00 4,005.62 4,005.62 221,000.00 82.88 5-01-2004 30116902 LONG ISLAND U 123,000.00 4,687.50 127,687.50 249,999.99 93.75 5-01-2004 30116903 LONG ISLAND U 10,187.95 1,992.95 12,180.90 132,863.23 49.82 5-01-2004 30116904 LONG ISLAND U 35,612.95 6,966.54 42,579.49 464,435.94 174.16 5-01-2004 30117402 LYCOMING COLL 14,000.00 3,425.63 17,425.63 189,000.00 70.88 5-01-2004 30117403 LYCOMING COLL 20,000.00 4,968.75 24,968.75 264,999.99 99.37 5-01-2004 30117501 LYNCHBURG COL 30,000.00 7,462.50 37,462.50 398,000.00 149.25 5-01-2004 30117502 LYNCHBURG COL 30,000.00 8,100.00 38,100.00 540,000.00 202.50 5-01-2004 30117602 MACALESTER CO 9,103.36 5,648.30 14,751.66 376,553.11 141.21 5-01-2004 30118302 MARY BALDWIN 30,000.00 5,113.13 35,113.13 303,000.00 113.63 5-01-2004 30118401 MARYMOUNT UNI 35,000.00 7,650.00 42,650.00 510,000.00 191.25 5-01-2004 30119202 MERCER UNIVER 14,841.62 5,447.73 20,289.35 363,182.06 136.19 5-01-2004 30119801 MILLSAPS COLL 0.00 7,440.00 7,440.00 496,000.00 186.00 5-01-2004 30120402 MORAVIAN COLL 0.00 2,733.75 2,733.75 162,000.00 60.75 5-01-2004 30120601 MORGAN STATE 66,839.58 25,904.58 92,744.16 1,726,972.58 647.61 5-01-2004 30120701 MORRIS BROWN 25,000.00 1,987.50 26,987.50 106,000.00 39.75 5-01-2004 30120704 MORRIS BROWN 41,000.00 768.75 41,768.75 41,000.00 15.38 5-01-2004 30120705 MORRIS BROWN 55,000.00 15,375.00 70,375.00 1,025,000.00 384.38 5-01-2004 30120706 MORRIS BROWN 35,000.00 4,050.00 39,050.00 270,000.00 101.25
Page 2 of 12 GMAC Commercial Mortgage College & Trust Facility Loan Trust II Service Fees Schedule For the Period of May 1, 2004 through May 31, 2004
=========================================================================================================== GMACCM Principal Interest Principal Service Date Due Number Borrower Name Due Due Total Due Balance Fees =========================================================================================================== 5-01-2004 30120801 MORRIS COLLEG 0.00 5,520.00 5,520.00 368,000.00 138.00 5-01-2004 30121901 NORTH GREENVI 0.00 165.00 165.00 0.00 -- 5-01-2004 30122302 NORTHEASTERN 69,611.00 37,588.57 107,199.57 2,505,904.63 939.71 5-01-2004 30122303 NORTHEASTERN 13,129.36 196.94 13,326.30 13,129.36 4.92 5-01-2004 30124901 RANDOLPH-MACO 12,000.00 2,880.00 14,880.00 192,000.00 72.00 5-01-2004 30125102 REGIS COLLEGE 0.00 5,625.00 5,625.00 375,000.00 140.63 5-01-2004 30125504 RIDER COLLEGE 0.00 24,468.75 24,468.75 1,350,000.00 506.25 5-01-2004 30125506 RIDER COLLEGE 20,000.00 5,430.00 25,430.00 362,000.00 135.75 5-01-2004 30126102 RUTGERS, THE 35,000.00 10,406.25 45,406.25 555,000.00 208.13 5-01-2004 30127602 ST MICHAELS C 65,464.70 21,395.30 86,860.00 1,426,353.44 534.88 5-01-2004 30127801 ST PAULS COLL 14,602.64 5,659.45 20,262.09 377,296.99 141.49 5-01-2004 30128001 ST VINCENT CO 40,000.00 8,487.50 48,487.50 485,000.00 181.88 5-01-2004 30128301 CALIFORNIA ST 0.00 5,475.00 5,475.00 365,000.00 136.88 5-01-2004 30128401 SANGAMON STAT 30,000.00 14,850.00 44,850.00 990,000.00 371.25 5-01-2004 30128602 SEATTLE UNIVE 0.00 4,230.00 4,230.00 282,000.00 105.75 5-01-2004 30128802 SETON HILL CO 0.00 4,658.12 4,658.12 257,000.00 96.38 5-01-2004 30130703 SPRINGFIELD C 35,000.00 6,177.50 41,177.50 353,000.00 132.38 5-15-2004 30130704 SPRINGFIELD C 7,104.14 324.50 7,428.64 21,633.55 8.11 5-01-2004 30132601 TRANSYLVANIA 0.00 4,530.00 4,530.00 302,000.00 113.25 5-01-2004 30133301 UNIVERSITY OF 0.00 15,750.00 15,750.00 1,050,000.00 393.75 5-01-2004 30133802 UNIVERSITY OF 0.00 1,545.00 1,545.00 103,000.00 38.63 5-01-2004 30134304 UNIV OF DELAW 0.00 7,500.00 7,500.00 500,000.00 187.50 5-01-2004 30135601 UNIV N CAROLI 0.00 3,030.00 3,030.00 202,000.00 75.75 5-01-2004 30137501 UTICA COLLEGE 0.00 4,635.00 4,635.00 309,000.00 115.88 5-01-2004 30138101 VIRGINIA WESL 0.00 2,925.00 2,925.00 195,000.00 73.13 5-01-2004 30138102 VIRGINIA WESL 0.00 1,920.00 1,920.00 128,000.00 48.00 5-01-2004 30138702 WESLEY COLLEG 16,000.00 2,801.25 18,801.25 166,000.00 62.25 5-01-2004 30140102 WHEELING COLL 0.00 600.00 600.00 40,000.00 15.00 5-01-2004 30140201 WHEELOCK COLL 1,076.49 269.37 1,345.86 17,957.93 6.73 5-01-2004 30140502 WITTENBERG UN 45,000.00 9,225.00 54,225.00 615,000.00 230.63 5-01-2004 30140503 WITTENBERG UN 0.00 2,895.00 2,895.00 193,000.00 72.38 5-01-2004 30140801 WRIGHT STATE 70,000.00 5,835.00 75,835.00 389,000.00 145.88 5-01-2004 30141001 YORK HOSPITAL 15,000.00 4,605.00 19,605.00 307,000.00 115.13
Page 3 of 12 GMAC Commercial Mortgage College and University Loan Trust II Paid in full Schedule For the Period of May 1, 2004 through May 31, 2004
============================================================================================================= Total Principal Interest Other Loan Number Payoff Date Amount Paid Amount Amount Fees Maturity Date - ------------------------------------------------------------------------------------------------------------- 30102401 5-04-04 10,181.22 9,999.97 181.25 0.00 5-01-2004 30104502 5-04-04 1,294,125.00 1,275,000.00 19125.00 0.00 11-01-2017 30120704 5-04-04 41,773.02 41,000.00 773.02 0.00 5-01-2004 30122303 5-03-04 13,321.49 13,129.36 192.13 0.00 5-01-2004 30123103 5-28-04 12,360.00 12,000.00 360.00 0.00 12-01-2006 30133802 5-05-04 104,545.00 103,000.00 1545.00 0.00 11-01-2009 30135903 5-11-04 599,956.25 590,000.00 9956.25 0.00 4-01-2013 ------------------------------------------------------ TOTALS: 2,076,261.98 2,044,129.33 32,132.65 ======================================================
GMAC Commercial Mortgage College and University Loan Trust I Summary of Partial Prepayments For the Period of May 1, 2004 through May 31, 2004
================================================================================================ Loan Number Payoff Date Total Amount Paid Principal Amount Interest Amount ================================================================================================ None to report for this period TOTAL: - - - =================================================================
GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of May 31, 2004
- ------------------------------------------------------------------------------------------------------------- GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date - ------------------------------------------------------------------------------------------------------------- 30100102 ALABAMA AGRICULTURAL 3.00 145,000.00 7-01-2005 30100103 ALABAMA AGRICULTURAL 3.00 1,465,000.00 5-01-2018 30100201 ALBION COLLEGE 3.00 75,000.00 10-01-2009 30100301 ALBRIGHT COLLEGE 3.00 408,000.00 11-01-2015 30101102 ANDERSON COLLEGE 3.00 70,000.00 3-01-2006 30101601 AUBURN UNIVERSITY 3.00 1,745,000.00 12-01-2018 30101701 AZUSA PACIFIC UNIVERSITY 3.75 158,000.00 4-01-2015 30102301 BECKER JUNIOR COLLEGE 3.00 32,000.00 4-01-2005 30102602 BENEDICT COLLEGE 3.75 22,000.00 11-01-2004 30102603 BENEDICT COLLEGE 3.00 332,000.00 11-01-2006 30102604 BENEDICT COLLEGE 3.00 1,532,000.00 11-01-2020 30102802 BETHANY COLLEGE - DORM BOND 1965 3.38 211,000.00 11-01-2012 30102803 BETHANY COLLEGE - HALL BOND 1967 3.00 230,000.00 11-01-2017 30102804 BETHANY COLLEGE - NOTE OF 1973 3.00 362,500.00 11-01-2012 30103001 BOSTON ARCHITECTURAL CENTER 3.75 18,000.00 11-01-2004 30103302 BRANDEIS UNIVERSITY 3.00 187,950.81 11-01-2011 30103901 CALIFORNIA STATE COLLEGES 3.00 485,000.00 11-01-2007 30104001 CALIFORNIA STATE UNIVERSITY, 3.00 140,000.00 11-01-2006 30104102 CALIFORNIA STATE UNIVERSITY, 3.00 905,000.00 11-01-2013 30104201 TRUST SERVICES DIVISION 3.00 2,178,000.00 11-01-2019 30104401 CAMERON UNIVERSITY 3.00 895,000.00 4-01-2007 30104604 CARNEGIE MELLON 3.00 145,000.00 5-01-2009 30104605 CARNEGIE MELLON 3.00 795,000.00 11-01-2017 30104702 CARROLL COLLEGE 3.75 270,000.00 6-01-2014 30104703 CARROLL COLLEGE 3.00 134,248.27 6-01-2018 30104801 CARROLL COLLEGE - DORM BOND 1965 3.75 348,000.00 3-01-2015 30105101 CATAWBA COLLEGE 3.00 137,000.00 12-01-2009 30105403 CENTRAL MISSOURI STATE 3.63 94,000.00 7-01-2004 30105404 CENTRAL MISSOURI STATE 3.00 475,000.00 7-01-2007 30105701 CHAMPLAIN COLLEGE, INC. 3.00 115,904.48 12-01-2013 30105801 CHAPMAN COLLEGE 3.00 405,000.00 10-01-2013 30105802 CHAPMAN COLLEGE 3.00 107,000.00 11-01-2005 30105803 CHAPMAN COLLEGE 3.00 112,000.00 11-01-2007 30106002 CISCO JUNIOR COLLEGE 3.00 78,000.00 7-01-2005 30106301 CLEMSON UNIVERSITY - STUDENT FAC 1966 3.00 105,000.00 7-01-2005 30106401 COKER COLLEGE 3.00 84,999.99 12-01-2009 30106702 COLLEGE OF SAINT ROSE 3.00 772,300.31 5-01-2022 30106802 COLLEGE OF ST. THOMAS 3.00 324,000.00 11-01-2009 30106902 COLLEGE OF SANTA FE 3.00 64,000.00 10-01-2005 30106904 COLLEGE OF SANTA FE 3.00 491,000.00 10-01-2018 30107002 COLLEGE OF THE HOLY CROSS 3.63 750,000.00 10-01-2013 30107003 COLLEGE OF THE HOLY CROSS 3.00 325,000.00 10-01-2006 30107403 COLUMBIA COLLEGE 3.63 44,000.00 7-01-2004 30107404 COLUMBIA COLLEGE 3.00 30,000.00 7-01-2006 30107601 CONCORDIA COLLEGE 3.00 81,000.00 4-01-2009 30107701 CONCORDIA COLLEGE 3.00 585,000.00 5-01-2019 30108101 CUMBERLAND COLLEGE 3.00 258,000.00 8-01-2017 30108202 DAEMEN COLLEGE(ROSARY HILL COLLEGE) 3.00 470,000.00 4-01-2016
Page 6 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of May 31, 2004
- ------------------------------------------------------------------------------------------------------------- GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date - ------------------------------------------------------------------------------------------------------------- 30108301 DAKOTA WESLEYAN UNIVERSITY 3.00 145,000.00 10-01-2015 30108801 DILLARD UNIVERSITY 3.00 100,000.00 4-01-2008 30109301 DOWLING COLLEGE 3.00 377,000.00 10-01-2010 30109502 DREXEL UNIVERSITY 3.50 880,000.00 5-01-2014 30109604 DRURY COLLEGE 3.00 209,000.00 4-01-2015 30109605 DRURY COLLEGE 3.00 304,000.00 10-01-2010 30109801 DYOURVILLE COLLEGE 3.00 852,535.00 4-01-2018 30110101 ELIZABETH CITY STATE UNIVERSITY 3.00 310,000.00 10-01-2017 30110301 EMBRY RIDDLE AERONAUTICAL UNIV. 3.00 240,000.00 9-01-2007 30110401 EMMANUEL COLLEGE 3.00 121,000.00 11-01-2013 30110802 FAIRLEIGH DICKINSON UNIV 3.00 1,350,000.00 11-01-2017 30111101 FLORIDA A & M UNIVERSITY - DORM 64 3.63 38,000.00 7-01-2004 30111201 FLORIDA ATLANTIC UNIVERSITY 3.50 17,000.00 7-01-2004 30111202 FLORIDA ATLANTIC UNIVERSITY-SER A 3.00 145,000.00 7-01-2006 30111301 FLORIDA INSTITUTE OF TECHNOLOGY 3.00 116,000.00 11-01-2009 30111503 FLORIDA STATE UNIVERSITY - DORM 69 3.00 355,000.00 1-01-2009 30111603 FT HAYES STATE UNIVERSITY 3.00 80,000.00 10-01-2007 30111701 FT LEWIS COLLEGE 3.00 230,000.00 10-01-2006 30111802 GANNON UNIV. - DORM BOND 1969, SER A 3.00 489,999.98 11-01-2011 30111803 GANNON UNIVERSITY 3.00 175,658.07 12-01-2022 30111901 GAVILAN COLLEGE 3.00 24,000.00 4-01-2006 30112002 GEORGE FOX COLLEGE 3.00 629,540.78 7-01-2018 30112202 GEORGETOWN COLLEGE 3.00 269,000.00 12-01-2008 30112203 GEORGETOWN COLLEGE 3.00 520,000.00 12-01-2009 30112301 GEORGETOWN UNIVERSITY 3.00 2,399,000.00 11-01-2020 30112302 GEORGETOWN UNIVERSITY 4.00 6,205,000.00 11-01-2020 30112303 GEORGETOWN UNIVERSITY 3.00 209,214.20 5-01-2005 30112402 GEORGIA EDUCATION AUTHORITY 3.38 102,988.88 1-01-2003 30112901 HAMPSHIRE COLLEGE 3.00 277,866.00 7-01-2013 30112902 HAMPSHIRE COLLEGE 3.00 1,014,209.99 2-01-2014 30113101 HARPER GRACE HOSPITAL 3.63 120,000.00 4-01-2005 30113401 HESSTON COLLEGE 3.00 45,000.00 4-01-2006 30113501 HIGH POINT COLLEGE 3.00 196,000.00 12-01-2010 30113601 HINDS JUNIOR COLLEGE 3.00 1,309,000.00 4-01-2013 30113702 HIWASSEE COLLEGE 3.00 161,434.53 9-15-2018 30113801 HOFSTRA UNIVERSITY 3.00 1,383,783.62 11-01-2012 30114001 HOOD COLLEGE 3.63 221,000.00 11-01-2014 30114201 HUSTON-TILLOTSON COLLEGE - DORM 1964 3.50 280,000.00 4-01-2014 30114302 HUNTINGDON COLLEGE - DORM 1968 3.00 145,000.00 10-01-2008 30114801 INTER AMERICAN UNIVERSITY OF PUERTO RICO 3.00 55,000.00 9-01-2007 30114802 INTER-AMERICAN UNIV. OF PUERTO RICO 3.00 1,923,653.13 1-01-2017 30115001 JAMES MADISON UNIVERSITY 3.00 1,040,000.00 6-01-2009 30115602 KENDALL COLLEGE 3.00 132,000.00 10-01-2008 30115803 KNOX COLLEGE - DORM BONDS 1966 3.00 100,000.00 4-01-2006 30115901 LA GRANGE COLLEGE 3.00 165,000.00 3-01-2009 30116102 LANGSTON UNIVERSITY 3.00 400,000.00 4-01-2007 30116201 LASSEN JUNIOR COLLEGE 3.00 379,000.00 4-01-2020 30116601 LENOIR RHYNE COLLEGE 3.00 69,000.00 12-01-2006
Page 7 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of May 31, 2004
- ------------------------------------------------------------------------------------------------------------- GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date - ------------------------------------------------------------------------------------------------------------- 30116801 LINFIELD COLLEGE - HALL BONDS 1968 3.00 67,000.00 10-01-2017 30116902 LONG ISLAND UNIVERSITY 3.75 126,999.99 5-01-2005 30116903 LONG ISLAND UNIVERSITY 3.00 122,675.28 11-01-2009 30116904 LONG ISLAND UNIVERSITY 3.00 428,822.99 11-01-2009 30117002 LONG ISLAND UNIVERSITY 3.63 425,000.00 6-01-2014 30117102 LONG ISLAND UNIVERSITY 3.75 21,000.00 10-01-2004 30117202 LOUISIANA STATE UNIV - BOND 1964B 3.63 166,000.00 7-01-2004 30117204 LA. STATE UNIV. 1965 BOND SER B 3.00 98,000.00 7-01-2005 30117205 LA. STATE UNIV. 1966 BOND SER C 3.00 115,000.00 7-01-2006 30117402 LYCOMING COLLEGE 3.63 175,000.00 5-01-2014 30117403 LYCOMING COLLEGE 3.75 244,999.99 5-01-2015 30117501 LYNCHBURG COLLEGE 3.75 368,000.00 5-01-2015 30117502 LYNCHBURG COLLEGE 3.00 510,000.00 5-01-2018 30117602 MACALESTER COLLEGE 3.00 367,449.75 5-01-2020 30117801 MARIAN COLLEGE OF FOND DU LAC 3.00 435,000.00 10-01-2016 30118302 MARY BALDWIN COLLEGE 3.38 273,000.00 5-01-2012 30118401 MARYMOUNT UNIVERSITY 3.00 475,000.00 5-01-2016 30118701 MCLENNAN COMMUNITY COLLEGE 3.00 225,000.00 4-01-2006 30119001 SLOAN-MEMORIAL KETTERING CANCER CENTER 3.38 659,000.00 4-01-2012 30119202 MERCER UNIV. ACCOUNTING OFFICE 3.00 348,340.44 5-01-2014 30119301 MERCY COLLEGE 3.63 1,100,000.00 10-01-2013 30119701 MIDLAND LUTHERAN COLLEGE 3.00 16,000.00 4-01-2005 30119801 MILLSAPS COLLEGE 3.00 496,000.00 11-01-2021 30119903 MISSISSIPPI STATE UNIVERSITY 3.00 1,290,000.00 12-01-2020 30120402 MORAVIAN COLLEGE 3.38 162,000.00 11-01-2012 30120501 MOREHOUSE COLLEGE 3.00 569,999.50 7-01-2010 30120601 MORGAN STATE UNIVERSTIY 3.00 1,660,133.00 11-01-2014 30120701 MORRIS BROWN COLLEGE 3.75 81,000.00 5-01-2007 30120705 MORRIS BROWN COLLEGE 3.00 970,000.00 5-01-2018 30120706 MORRIS BROWN COLLEGE 3.00 235,000.00 5-01-2010 30120801 MORRIS COLLEGE 3.00 368,000.00 11-01-2009 30121101 NEW ENGLAND COLLEGE 3.00 119,000.00 4-01-2016 30121201 NEWARK BETH ISREAL MEDICAL CENTER 3.63 475,000.00 1-01-2014 30121301 NIACC DORMITORIES, INC. 3.00 47,197.05 10-01-2012 30121501 NORFOLK STATE UNIVERSITY 3.00 2,411,369.69 12-01-2021 30121801 NORTH CAROLINA STATE UNIVERSITY 3.63 105,000.00 9-01-2004 30122302 NORTHEASTERN UNIVERSITY 3.00 2,436,293.62 5-01-2018 30122701 NOVA UNIVERSITY 3.00 180,000.00 12-01-2007 30122802 OCCIDENTAL COLLEGE 3.00 232,000.00 10-01-2019 30123001 OLYMPIC COMMUNITY COLLEGE 3.00 144,999.98 10-01-2008 30123401 PAINE COLLEGE 3.00 742,999.99 10-01-2016 30123701 UNIVERSITY OF THE ARTS 3.00 2,044,351.10 1-01-2022 30124701 PURDUE UNIVERSITY 3.63 215,000.00 7-01-2004 30124702 PURDUE UNIVERSITY 3.00 78,000.00 7-01-2005 30124803 QUEENS COLLEGE 3.63 27,000.00 7-01-2004 30124901 RANDOLPH MACON COLLEGE 3.00 180,000.00 5-01-2010 30125102 REGIS COLLEGE 3.00 375,000.00 11-01-2012 30125401 RHODE ISLAND COLLEGE 3.00 69,999.99 10-01-2005
Page 8 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of May 31, 2004
- ------------------------------------------------------------------------------------------------------------- GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date - ------------------------------------------------------------------------------------------------------------- 30125504 RIDER COLLEGE 3.63 1,350,000.00 11-01-2013 30125506 RIDER COLLEGE 3.00 342,000.00 5-01-2017 30125601 RIO GRANDE COLLEGE 3.00 50,833.50 3-30-2009 30126102 RUTGERS, THE STATE UNIVERSITY 3.75 520,000.00 5-01-2016 30127401 ST MARY'S JUNIORCOLLEGE 3.00 18,000.00 3-01-2005 30127402 ST MARY'S COLLEGE 3.00 342,000.00 6-01-2020 30127602 SAINT MICHAELS COLLEGE 3.00 1,360,888.74 5-01-2013 30127703 SAINT NORBERT COLLEGE 3.00 144,000.00 4-01-2007 30127801 SAINT PAULS COLLEGE 3.00 377,296.99 11-01-2014 30128001 SAINT VINCENT COLLEGE 3.50 445,000.00 5-01-2013 30128301 CALIFORNIA STATE COLLEGES 3.00 365,000.00 11-01-2006 30128401 UNIVERSITY OF ILLINOIS 3.00 960,000.00 11-01-2018 30128602 SEATTLE UNIVERSITY - 1967 PHYS ED 3.00 282,000.00 11-01-2008 30128802 SETON HILL COLLEGE 3.63 257,000.00 11-01-2014 30129101 SIMPSON COLLEGE - BOND 1966 3.00 254,000.00 7-01-2016 30129402 SOUTHEAST MISSOURI STATE UNIV(ESCROW) 3.00 391,000.00 4-01-2007 30129802 SOUTHERN METHODIST UNIVERSITY 3.00 268,000.00 10-01-2007 30129901 BETHANY NAZARENE_UNIVERSITY 3.75 40,000.00 4-01-2005 30130301 SOUTHWEST TEXAS STATE UNIVERSITY 3.00 1,830,000.00 10-01-2015 30130502 SPALDING UNIVERSITY 3.00 156,000.00 9-01-2007 30130703 SPRINGFIELD COLLEGE 3.50 318,000.00 5-01-2013 30130704 SPRINGFIELD COLLEGE 3.00 14,529.41 5-15-2005 30130903 STEPHEN F AUSTIN STATE UNIVERSITY 3.38 1,397,000.00 10-01-2012 30131003 JOHN B. STETSON UNIVERSITY 3.00 58,000.00 1-01-2006 30131301 SUNY, MOHAWK VALLEY COMMUNITY 3.00 85,000.00 4-01-2005 30131702 TALLADEGA COLLEGE 3.00 294,895.00 12-01-2012 30132002 TAYLOR UNIVERSITY 3.00 197,000.00 10-01-2012 30132003 TAYLOR UNIVERSITY 3.00 611,000.00 10-01-2013 30132301 TEXAS A & I UNIV-BLDG SYS SER 1969A 3.00 411,000.00 7-01-2009 30132402 TEXAS SOUTHERN UNIVERSITY 3.50 350,000.00 4-01-2013 30132601 TRANSYLVANIA UNIVERSITY 3.00 302,000.00 11-01-2010 30132904 TUFTS UNIVERSITY 3.00 1,985,000.00 10-01-2021 30133201 UNIV STUDENT COOP HOUSING 3.00 1,325,000.00 4-01-2019 30133301 UNIVERSITY OF ALABAMA 3.00 1,050,000.00 11-01-2008 30134002 ARKANSAS STATE TEACHERS COLLEGE 3.00 78,000.00 4-01-2005 30134101 UNIVERSITY OF CENTRAL FLORIDA 3.00 255,000.00 10-01-2007 30134304 UNIVERSITY OF DELAWARE 3.00 500,000.00 11-01-2006 30134305 UNIVERSITY OF DELAWARE 3.00 534,000.00 12-01-2018 30134402 UNIVERSITY OF FLORIDA / REV. CERTS.,84 3.00 1,725,000.00 7-01-2014 30134901 UNIVERSITY OF MICHIGAN 3.75 750,000.00 10-01-2005 30135601 UNIVERSITY OF NORTH CAROLINA 3.00 202,000.00 11-01-2005 30135701 UNIVERSITY OF NORTH CAROLINA 3.00 280,000.00 1-01-2008 30135702 UNIVERSITY OF NORTH CAROLINA 3.00 19,000.00 1-01-2007 30135801 UNIVERSITY OF NOTRE DAME 3.00 819,898.90 2-15-2019 30136002 UNIVERSITY OF PUERTO RICO 3.00 1,209,000.00 6-01-2011 30136601 UNIVERSITY OF SOUTH FLORIDA DORM 1965 3.75 280,000.00 7-01-2005 30136801 UNIVERSITY OF ST THOMAS 3.00 546,000.00 10-01-2019 30136901 UNIV OF STEUBENVILLE 3.13 194,000.00 4-01-2010
Page 9 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of May 31, 2004
- ------------------------------------------------------------------------------------------------------------- GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date - ------------------------------------------------------------------------------------------------------------- 30137501 UTICA COLLEGE OF SYRACUSE 3.00 309,000.00 11-01-2009 30137701 VERMONT STATE COLLEGE 3.00 260,000.00 6-01-2008 30137702 VERMONT STATE COLLEGE 3.00 196,000.00 7-01-2014 30137802 VILLANOVA UNIVERSITY 3.00 935,000.00 4-01-2019 30137901 VINCENNES UNIVERSITY 3.00 3,310,000.00 6-01-2023 30138001 VIRGINIA COMMONWEALTH 3.00 1,771,999.99 6-01-2011 30138002 VIRGINA COMMONWEALTH UNIVERSITY 3.00 185,000.00 6-01-2004 30138101 VIRGINIA WESELAN COLLEGE 3.00 195,000.00 11-01-2009 30138102 VIRGINA ST WESELEYAN COLLEGE 3.00 128,000.00 11-01-2010 30138202 WALDORF COLLEGE 3.00 73,000.00 7-01-2005 30138302 WARTBURG COLLEGE ACCT#WART465CD 3.75 100,000.00 4-01-2011 30138702 WESLEY COLLEGE 3.38 150,000.00 5-01-2013 30139001 WEST VALLEY COLLEGE 3.00 250,000.00 4-01-2009 30139503 WEST WASHINGTON STATE COLLEGE 3.63 110,000.00 10-01-2004 30139504 WESTERN WASHINGTON STATE COLLEGE 3.75 140,000.00 10-01-2005 30140003 WHEATON COLLEGE 3.50 580,000.00 4-01-2013 30140102 WHEELING COLLEGE 3.00 40,000.00 11-01-2007 30140201 WHEELOCH COLLEGE 3.00 15,788.80 5-01-2011 30140502 WITTENBERG UNIVERSITY 3.00 570,000.00 5-01-2015 30140503 WITTENBERG UNIVERSITY 3.00 193,000.00 11-01-2017 30140601 THE COLLEGE OF WOOSTER 3.00 24,170.00 3-30-2009 30141001 YORK HOSPITAL 3.00 292,000.00 5-01-2020 TOTALS: 103,361,721.73 ==============
Page 10 of 12 College and University Loan Trust II Delinquency Report (60+ Days) As of May 31, 2004 =================================================================================== Next GMACCM Loan Payment Number Borrower Name Due P and I Due Current UPB =================================================================================== 30106002 CISCO JUNIOR 7-01-2002 40,400.00 78,000.00 30112402 UNIVERSITY SY 1-01-2003 106,450.55 102,988.88 30123001 OLYMPIC COMMU 10-01-2003 19,999.98 144,999.98 30104801 CARROLL COLLEGE 3-01-2004 30,525.00 348,000.00 30107601 CONCORDIA COLLEGE 4-01-2004 16,215.00 81,000.00 30108301 DAKOTA WESLEY 4-01-2004 145,000.00 2,175.00 30133201 UNIV STU COOP 4-01-2004 84,875.00 1,325,000.00 TOTAL: 300,640.53 ==============
GMAC Commercial Mortgage College and University Loan Trust II Liquidation Report As of May 31, 2004 None to report for this period GMAC Commercial Mortgage College and University Loan Trust II Collection Account Activity Report For the Period of April 1, 2004 through April 30, 2004
Collections: Principal Payments 4,051,986.10 Interest Payments 423,633.56 ------------- Total Principal and Interest Collections 4,475,619.66 Payments and Reversals Posted to Suspense 437,684.35 ------------- Total Collections 4,913,304.01 Less: Servicing Fees (not withheld from remittances) (11,753.27) ------------- Net Collections 4,901,550.74 =============
GMAC Commercial Mortgage College & Trust Facility Loan Trust II Service Fees Schedule For the Period of April 1, 2004 through April 30, 2004
================================================================================================================== GMACCM Borrower Principal Interest Principal Service Date Due Number Name Due Due Total Due Balance Fees ================================================================================================================== 4-01-2004 30100201 ALBION COLLEG 0.00 1,119.60 1,119.60 75,000.00 28.13 4-01-2004 30101303 ARIZONA STATE 165,000.00 7,200.00 172,200.00 480,000.00 180.00 4-01-2004 30101701 AZUSA PACIFIC 11,000.00 3,168.75 14,168.75 169,000.00 63.38 4-01-2004 30102301 BECKER JUNIOR 35,000.00 1,005.00 36,005.00 67,000.00 25.13 4-01-2004 30104401 CAMERON UNIVE 285,000.00 17,700.00 302,700.00 1,180,000.00 442.50 4-01-2004 30105801 CHAPMAN COLLE 15,000.00 6,300.00 21,300.00 420,000.00 157.50 4-01-2004 30105901 CHATEAU COMM 0.00 16,650.00 16,650.00 1,110,000.00 416.25 4-01-2004 30106902 COLLEGE OF SA 0.00 960.00 960.00 64,000.00 24.00 4-01-2004 30106904 COLLEGE OF SA 0.00 7,365.00 7,365.00 491,000.00 184.13 4-01-2004 30107002 COLLEGE OF TH 0.00 13,593.75 13,593.75 750,000.00 281.25 4-01-2004 30107003 COLLEGE OF TH 0.00 4,875.00 4,875.00 325,000.00 121.88 4-01-2004 30107201 COLLEGE OF TH 0.00 270.00 270.00 0.00 - 4-01-2004 30107601 CONCORDIA COL 15,000.00 1,215.00 16,215.00 81,000.00 30.38 4-01-2004 30108202 DAEMEN COLLEG 35,000.00 7,575.00 42,575.00 505,000.00 189.38 4-01-2004 30108301 DAKOTA WESLEY 0.00 2,175.00 2,175.00 145,000.00 54.38 4-01-2004 30108801 DILLARD UNIVE 31,000.00 1,965.00 32,965.00 131,000.00 49.13 4-01-2004 30109301 DOWLING COLLE 27,000.00 6,060.00 33,060.00 404,000.00 151.50 4-01-2004 30109604 DRURY COLLEGE 8,000.00 3,255.00 11,255.00 217,000.00 81.38 4-01-2004 30109605 DRURY COLLEGE 21,000.00 4,875.00 25,875.00 325,000.00 121.88 4-01-2004 30109801 DYOUVILLE COL 49,000.00 13,523.03 62,523.03 901,535.00 338.08 4-01-2004 30110101 ELIZABETH CIT 0.00 4,650.00 4,650.00 310,000.00 116.25 4-01-2004 30111603 FT HAYS STATE 0.00 1,200.00 1,200.00 80,000.00 30.00 4-01-2004 30111701 FT LEWIS COLL 0.00 3,450.00 3,450.00 230,000.00 86.25 4-01-2004 30111901 GAVILAN COLLE 11,000.00 525.00 11,525.00 35,000.00 13.13 4-01-2004 30112002 GEORGE FOX CO 8,826.05 4,787.75 13,613.80 638,366.83 239.39 4-01-2004 30113101 HARPER GRACE 115,000.00 4,259.37 119,259.37 235,000.00 88.13 4-01-2004 30113401 HESSTON COLLE 22,000.00 1,005.00 23,005.00 67,000.00 25.13 4-01-2004 30113601 HINDS JUNIOR 140,000.00 21,735.00 161,735.00 1,449,000.00 543.38 4-01-2004 30114201 HOUSTON TILLO 25,000.00 5,337.50 30,337.50 305,000.00 114.38 4-01-2004 30114302 HUNTINGDON CO 0.00 2,175.00 2,175.00 145,000.00 54.38 4-01-2004 30115502 KANSAS STATE 170,000.00 3,081.25 173,081.25 170,000.00 63.75 4-01-2004 30115602 KENDALL COLLE 0.00 1,980.00 1,980.00 132,000.00 49.50 4-01-2004 30115803 KNOX COLLEGE 50,000.00 2,250.00 52,250.00 150,000.00 56.25 4-01-2004 30116101 LANGSTON UNIV 0.00 995.63 995.63 0.00 - 4-01-2004 30116102 LANGSTON UNIV 125,000.00 7,875.00 132,875.00 525,000.00 196.88 4-01-2004 30116201 LASSEN JUNIOR 20,000.00 5,985.00 25,985.00 399,000.00 149.63 4-01-2004 30116801 LINFIELD COLL 0.00 1,005.00 1,005.00 67,000.00 25.13 4-01-2004 30117102 LONG ISLAND U 0.00 393.75 393.75 21,000.00 7.88 4-01-2004 30117801 MARIAN COLLEG 0.00 6,525.00 6,525.00 435,000.00 163.13 4-01-2004 30118701 MCLENNAN COMM 115,000.00 5,100.00 120,100.00 340,000.00 127.50 4-01-2004 30119001 MEMORIAL SLOA 75,000.00 12,386.25 87,386.25 734,000.00 275.25 4-01-2004 30119301 UNIV OF DETRO 0.00 19,937.50 19,937.50 1,100,000.00 412.50 4-01-2004 30119701 MIDLAND LUTHE 16,000.00 480.00 16,480.00 32,000.00 12.00 4-01-2004 30121101 NEW ENGLAND C 8,000.00 1,905.00 9,905.00 127,000.00 47.63 4-01-2004 30121301 NIACC DORMITO 2,421.68 744.28 3,165.96 49,618.73 18.61 4-01-2004 30122802 OCCIDENTAL CO 0.00 3,480.00 3,480.00 232,000.00 87.00 4-01-2004 30123001 OLYMPIC COMMU 0.00 1,875.00 1,875.00 125,000.00 46.88 4-01-2004 30123401 PAINE COLLEGE 0.00 11,145.00 11,145.00 742,999.99 278.62 4-01-2004 30124001 PINE MANOR CO 0.00 2,356.25 2,356.25 0.00 - 4-01-2004 30125401 RHODE ISLAND 0.00 1,050.00 1,050.00 69,999.99 26.25 4-01-2004 30127702 ST NORBERT CO 42,000.00 761.25 42,761.25 42,000.00 15.75 4-01-2004 30127703 ST NORBERT CO 47,000.00 2,865.00 49,865.00 191,000.00 71.63
Page 2 of 12 GMAC Commercial Mortgage College & Trust Facility Loan Trust II Service Fees Schedule For the Period of April 1, 2004 through April 30, 2004
================================================================================================================ GMACCM Borrower Principal Interest Principal Service Date Due Number Name Due Due Total Due Balance Fees ================================================================================================================ 4-01-2004 30129202 SOUTH DAKOTA 18,000.00 4,950.00 22,950.00 330,000.00 123.75 4-01-2004 30129402 SOUTHEAST MIS 150,000.00 8,115.00 158,115.00 541,000.00 202.88 4-01-2004 30129802 SOUTHERN METH 0.00 4,020.00 4,020.00 268,000.00 100.50 4-01-2004 30129901 SOUTHERN NAZA 40,000.00 1,500.00 41,500.00 80,000.00 30.00 4-01-2004 30130301 SOUTHWEST TEX 0.00 27,450.00 27,450.00 1,830,000.00 686.25 4-01-2004 30130801 STATE CENTER 0.00 525.00 525.00 35,000.00 13.13 4-01-2004 30130902 STEPHEN F AUS 0.00 385.00 385.00 0.00 - 4-01-2004 30130903 STEPHEN F AUS 0.00 23,574.38 23,574.38 1,397,000.00 523.88 4-01-2004 30131301 SUNY, MOHAWK 80,000.00 2,475.00 82,475.00 165,000.00 61.88 4-01-2004 30132002 TAYLOR UNIVER 0.00 2,955.00 2,955.00 197,000.00 73.88 4-01-2004 30132003 TAYLOR UNIVER 0.00 9,165.00 9,165.00 611,000.00 229.13 4-01-2004 30132402 TEXAS SOUTHER 30,000.00 6,650.00 36,650.00 380,000.00 142.50 4-01-2004 30132904 TUFTS UNIVERS 0.00 29,775.00 29,775.00 1,985,000.00 744.38 4-01-2004 30133201 UNIV STU COOP 65,000.00 19,875.00 84,875.00 1,325,000.00 496.88 4-01-2004 30134002 UNIV CENTR AR 75,000.00 2,295.00 77,295.00 153,000.00 57.38 4-01-2004 30134101 UNIVERSITY OF 0.00 3,825.00 3,825.00 255,000.00 95.63 4-01-2004 30134901 UNIVERSITY OF 0.00 14,062.50 14,062.50 750,000.00 281.25 4-01-2004 30135903 UNIVERSITY OF 55,000.00 9,956.25 64,956.25 590,000.00 221.25 4-01-2004 30136801 UNIVERSITY OF 0.00 8,190.00 8,190.00 546,000.00 204.75 4-01-2004 30136901 UNIVERSITY OF 30,000.00 3,500.00 33,500.00 224,000.00 84.00 4-01-2004 30137802 VILLANOVA UNI 50,000.00 14,775.00 64,775.00 985,000.00 369.38 4-01-2004 30138302 WARTBURG COLL 12,000.00 2,100.00 14,100.00 112,000.00 42.00 4-01-2004 30138402 WASHINGTON ST 140,000.00 2,537.50 142,537.50 280,000.00 105.00 4-01-2004 30138403 WASHINGTON ST 90,000.00 1,687.50 91,687.50 90,000.00 33.75 4-01-2004 30138801 WEST KERN JR 13,000.00 235.63 13,235.63 13,000.00 4.88 4-01-2004 30139001 WEST VALLEY C 45,000.00 4,425.00 49,425.00 295,000.00 110.63 4-01-2004 30139503 WESTERN WASHI 0.00 1,993.75 1,993.75 110,000.00 41.25 4-01-2004 30139504 WESTERN WASHI 0.00 2,625.00 2,625.00 140,000.00 52.50 4-01-2004 30140003 WHEATON COLLE 55,000.00 11,112.50 66,112.50 635,000.00 238.13 - ------------------------------------------------------------------------ TOTALS: 2,637,247.73 488,885.92 3,126,133.65 31,341,520.54 11,753.27 ========================================================================
Page 3 of 12 GMAC Commercial Mortgage College and University Loan Trust II Paid in full Schedule For the Period of April 1, 2004 through April 30, 2004
============================================================================================================== Interest Other Maturity Loan Number Payoff Date Total Amount Paid Principal Amount Amount Fees Date ============================================================================================================== 30101303 4-26-04 487,200.00 480,000.00 7200.00 0.00 4-01-2006 30105901 4-01-04 1,126,650.00 1,110,000.00 16650.00 0.00 10-01-2012 30115502 4-06-04 173,081.25 170,000.00 3081.25 0.00 4-01-2004 30127702 4-02-04 42,761.25 42,000.00 761.25 0.00 4-01-2004 30138402 4-01-04 142,537.47 140,000.00 2537.47 0.00 4-01-2004 30138403 4-01-04 91,587.50 89,900.00 1687.50 0.00 4-01-2004 30138801 4-06-04 13,235.63 13,000.00 235.63 0.00 4-01-2004 --------------------------------------------------- TOTALS: 2,077,053.10 2,044,900.00 32,153.10 ===================================================
GMAC Commercial Mortgage College and University Loan Trust I Summary of Partial Prepayments For the Period of April 1, 2004 through April 30, 2004
============================================================================================ Loan Number Payoff Date Total Amount Paid Principal Amount Interest Amount ============================================================================================ None to report for this period TOTAL: - - - ===========================================================
GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of April 30, 2004
================================================================================================ GMACCM Interest Current Maturity Number Borrower Name Rate UPB Date ================================================================================================ 30100102 ALABAMA AGRICULTURAL 3.00 145,000.00 7-01-2005 30100103 ALABAMA AGRICULTURAL 3.00 1,550,000.00 5-01-2018 30100201 ALBION COLLEGE 3.00 75,000.00 10-01-2009 30100301 ALBRIGHT COLLEGE 3.00 408,000.00 11-01-2015 30101102 ANDERSON COLLEGE 3.00 70,000.00 3-01-2006 30101601 AUBURN UNIVERSITY 3.00 1,745,000.00 12-01-2018 30101701 AZUSA PACIFIC UNIVERSITY 3.75 158,000.00 4-01-2015 30102301 BECKER JUNIOR COLLEGE 3.00 32,000.00 4-01-2005 30102401 BELLARMINE COLLEGE 3.63 9,999.97 5-01-2004 30102602 BENEDICT COLLEGE 3.75 22,000.00 11-01-2004 30102603 BENEDICT COLLEGE 3.00 332,000.00 11-01-2006 30102604 BENEDICT COLLEGE 3.00 1,532,000.00 11-01-2020 30102802 BETHANY COLLEGE - DORM BOND 1965 3.38 211,000.00 11-01-2012 30102803 BETHANY COLLEGE - HALL BOND 1967 3.00 230,000.00 11-01-2017 30102804 BETHANY COLLEGE - NOTE OF 1973 3.00 380,000.00 11-01-2012 30103001 BOSTON ARCHITECTURAL CENTER 3.75 18,000.00 11-01-2004 30103302 BRANDEIS UNIVERSITY 3.00 199,050.89 11-01-2011 30103901 CALIFORNIA STATE COLLEGES 3.00 485,000.00 11-01-2007 30104001 CALIFORNIA STATE UNIVERSITY, 3.00 140,000.00 11-01-2006 30104102 CALIFORNIA STATE UNIVERSITY, 3.00 905,000.00 11-01-2013 30104201 TRUST SERVICES DIVISION 3.00 2,178,000.00 11-01-2019 30104401 CAMERON UNIVERSITY 3.00 895,000.00 4-01-2007 30104502 CANISIUS COLLEGE CONST & CONSO BND 1967 3.00 1,275,000.00 11-01-2017 30104604 CARNEGIE MELLON 3.00 170,000.00 5-01-2009 30104605 CARNEGIE MELLON 3.00 795,000.00 11-01-2017 30104702 CARROLL COLLEGE 3.75 270,000.00 6-01-2014 30104703 CARROLL COLLEGE 3.00 134,248.27 6-01-2018 30104801 CARROLL COLLEGE - DORM BOND 1965 3.75 348,000.00 3-01-2015 30105101 CATAWBA COLLEGE 3.00 149,000.00 12-01-2009 30105403 CENTRAL MISSOURI STATE 3.63 94,000.00 7-01-2004 30105404 CENTRAL MISSOURI STATE 3.00 475,000.00 7-01-2007 30105701 CHAMPLAIN COLLEGE, INC. 3.00 115,904.48 12-01-2013 30105801 CHAPMAN COLLEGE 3.00 405,000.00 10-01-2013 30105802 CHAPMAN COLLEGE 3.00 107,000.00 11-01-2005 30105803 CHAPMAN COLLEGE 3.00 112,000.00 11-01-2007 30106002 CISCO JUNIOR COLLEGE 3.00 78,000.00 7-01-2005 30106301 CLEMSON UNIVERSITY - STUDENT FAC 1966 3.00 105,000.00 7-01-2005 30106401 COKER COLLEGE 3.00 84,999.99 12-01-2009 30106702 COLLEGE OF SAINT ROSE 3.00 788,394.88 5-01-2022 30106802 COLLEGE OF ST. THOMAS 3.00 324,000.00 11-01-2009 30106902 COLLEGE OF SANTA FE 3.00 64,000.00 10-01-2005 30106904 COLLEGE OF SANTA FE 3.00 491,000.00 10-01-2018 30107002 COLLEGE OF THE HOLY CROSS 3.63 750,000.00 10-01-2013 30107003 COLLEGE OF THE HOLY CROSS 3.00 325,000.00 10-01-2006 30107403 COLUMBIA COLLEGE 3.63 44,000.00 7-01-2004 30107404 COLUMBIA COLLEGE 3.00 30,000.00 7-01-2006 30107601 CONCORDIA COLLEGE 3.00 81,000.00 4-01-2009 30107701 CONCORDIA COLLEGE 3.00 615,000.00 5-01-2019
Page 6 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of April 30, 2004
================================================================================================ GMACCM Interest Current Maturity Number Borrower Name Rate UPB Date ================================================================================================ 30108101 CUMBERLAND COLLEGE 3.00 258,000.00 8-01-2017 30108202 DAEMEN COLLEGE(ROSARY HILL COLLEGE) 3.00 470,000.00 4-01-2016 30108301 DAKOTA WESLEYAN UNIVERSITY 3.00 145,000.00 10-01-2015 30108801 DILLARD UNIVERSITY 3.00 100,000.00 4-01-2008 30109301 DOWLING COLLEGE 3.00 377,000.00 10-01-2010 30109502 DREXEL UNIVERSITY 3.50 960,000.00 5-01-2014 30109604 DRURY COLLEGE 3.00 209,000.00 4-01-2015 30109605 DRURY COLLEGE 3.00 304,000.00 10-01-2010 30109801 DYOURVILLE COLLEGE 3.00 852,535.00 4-01-2018 30110101 ELIZABETH CITY STATE UNIVERSITY 3.00 310,000.00 10-01-2017 30110301 EMBRY RIDDLE AERONAUTICAL UNIV. 3.00 240,000.00 9-01-2007 30110401 EMMANUEL COLLEGE 3.00 121,000.00 11-01-2013 30110802 FAIRLEIGH DICKINSON UNIV 3.00 1,350,000.00 11-01-2017 30111101 FLORIDA A & M UNIVERSITY - DORM 64 3.63 38,000.00 7-01-2004 30111201 FLORIDA ATLANTIC UNIVERSITY 3.50 17,000.00 7-01-2004 30111202 FLORIDA ATLANTIC UNIVERSITY-SER A 3.00 145,000.00 7-01-2006 30111301 FLORIDA INSTITUTE OF TECHNOLOGY 3.00 116,000.00 11-01-2009 30111503 FLORIDA STATE UNIVERSITY - DORM 69 3.00 355,000.00 1-01-2009 30111603 FT HAYES STATE UNIVERSITY 3.00 80,000.00 10-01-2007 30111701 FT LEWIS COLLEGE 3.00 230,000.00 10-01-2006 30111802 GANNON UNIV. - DORM BOND 1969, SER A 3.00 489,999.98 11-01-2011 30111803 GANNON UNIVERSITY 3.00 175,658.07 12-01-2022 30111901 GAVILAN COLLEGE 3.00 24,000.00 4-01-2006 30112002 GEORGE FOX COLLEGE 3.00 629,540.78 7-01-2018 30112202 GEORGETOWN COLLEGE 3.00 269,000.00 12-01-2008 30112203 GEORGETOWN COLLEGE 3.00 520,000.00 12-01-2009 30112301 GEORGETOWN UNIVERSITY 3.00 2,399,000.00 11-01-2020 30112302 GEORGETOWN UNIVERSITY 4.00 6,205,000.00 11-01-2020 30112303 GEORGETOWN UNIVERSITY 3.00 209,214.20 5-01-2005 30112402 GEORGIA EDUCATION AUTHORITY 3.38 102,988.88 1-01-2003 30112901 HAMPSHIRE COLLEGE 3.00 277,866.00 7-01-2013 30112902 HAMPSHIRE COLLEGE 3.00 1,014,209.99 2-01-2014 30113101 HARPER GRACE HOSPITAL 3.63 120,000.00 4-01-2005 30113401 HESSTON COLLEGE 3.00 45,000.00 4-01-2006 30113501 HIGH POINT COLLEGE 3.00 210,000.00 12-01-2010 30113601 HINDS JUNIOR COLLEGE 3.00 1,309,000.00 4-01-2013 30113702 HIWASSEE COLLEGE 3.00 161,434.53 9-15-2018 30113801 HOFSTRA UNIVERSITY 3.00 1,454,785.56 11-01-2012 30114001 HOOD COLLEGE 3.63 221,000.00 11-01-2014 30114201 HUSTON-TILLOTSON COLLEGE - DORM 1964 3.50 280,000.00 4-01-2014 30114302 HUNTINGDON COLLEGE - DORM 1968 3.00 145,000.00 10-01-2008 30114801 INTER AMERICAN UNIVERSITY OF PUERTO RICO 3.00 55,000.00 9-01-2007 30114802 INTER-AMERICAN UNIV. OF PUERTO RICO 3.00 1,923,653.13 1-01-2017 30115001 JAMES MADISON UNIVERSITY 3.00 1,040,000.00 6-01-2009 30115602 KENDALL COLLEGE 3.00 132,000.00 10-01-2008 30115803 KNOX COLLEGE - DORM BONDS 1966 3.00 100,000.00 4-01-2006 30115901 LA GRANGE COLLEGE 3.00 165,000.00 3-01-2009 30116102 LANGSTON UNIVERSITY 3.00 400,000.00 4-01-2007
Page 7 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of April 30, 2004
================================================================================================ GMACCM Interest Current Maturity Number Borrower Name Rate UPB Date ================================================================================================ 30116201 LASSEN JUNIOR COLLEGE 3.00 379,000.00 4-01-2020 30116601 LENOIR RHYNE COLLEGE 3.00 69,000.00 12-01-2006 30116801 LINFIELD COLLEGE - HALL BONDS 1968 3.00 67,000.00 10-01-2017 30116902 LONG ISLAND UNIVERSITY 3.75 249,999.99 5-01-2005 30116903 LONG ISLAND UNIVERSITY 3.00 122,675.28 11-01-2009 30116904 LONG ISLAND UNIVERSITY 3.00 428,822.99 11-01-2009 30117002 LONG ISLAND UNIVERSITY 3.63 425,000.00 6-01-2014 30117102 LONG ISLAND UNIVERSITY 3.75 21,000.00 10-01-2004 30117202 LOUISIANA STATE UNIV - BOND 1964B 3.63 166,000.00 7-01-2004 30117204 LA. STATE UNIV. 1965 BOND SER B 3.00 98,000.00 7-01-2005 30117205 LA. STATE UNIV. 1966 BOND SER C 3.00 115,000.00 7-01-2006 30117402 LYCOMING COLLEGE 3.63 189,000.00 5-01-2014 30117403 LYCOMING COLLEGE 3.75 264,999.99 5-01-2015 30117501 LYNCHBURG COLLEGE 3.75 398,000.00 5-01-2015 30117502 LYNCHBURG COLLEGE 3.00 540,000.00 5-01-2018 30117602 MACALESTER COLLEGE 3.00 367,449.75 5-01-2020 30117801 MARIAN COLLEGE OF FOND DU LAC 3.00 435,000.00 10-01-2016 30118302 MARY BALDWIN COLLEGE 3.38 303,000.00 5-01-2012 30118401 MARYMOUNT UNIVERSITY 3.00 510,000.00 5-01-2016 30118701 MCLENNAN COMMUNITY COLLEGE 3.00 225,000.00 4-01-2006 30119001 SLOAN-MEMORIAL KETTERING CANCER CENTER 3.38 659,000.00 4-01-2012 30119202 MERCER UNIV. ACCOUNTING OFFICE 3.00 363,182.06 5-01-2014 30119301 MERCY COLLEGE 3.63 1,100,000.00 10-01-2013 30119701 MIDLAND LUTHERAN COLLEGE 3.00 16,000.00 4-01-2005 30119801 MILLSAPS COLLEGE 3.00 496,000.00 11-01-2021 30119903 MISSISSIPPI STATE UNIVERSITY 3.00 1,290,000.00 12-01-2020 30120402 MORAVIAN COLLEGE 3.38 162,000.00 11-01-2012 30120501 MOREHOUSE COLLEGE 3.00 569,999.50 7-01-2010 30120601 MORGAN STATE UNIVERSTIY 3.00 1,726,972.58 11-01-2014 30120701 MORRIS BROWN COLLEGE 3.75 106,000.00 5-01-2007 30120704 MORRIS BROWN COLLEGE 3.75 41,000.00 5-01-2004 30120705 MORRIS BROWN COLLEGE 3.00 1,025,000.00 5-01-2018 30120706 MORRIS BROWN COLLEGE 3.00 270,000.00 5-01-2010 30120801 MORRIS COLLEGE 3.00 368,000.00 11-01-2009 30121101 NEW ENGLAND COLLEGE 3.00 127,000.00 4-01-2016 30121201 NEWARK BETH ISREAL MEDICAL CENTER 3.63 475,000.00 1-01-2014 30121301 NIACC DORMITORIES, INC. 3.00 47,197.05 10-01-2012 30121501 NORFOLK STATE UNIVERSITY 3.00 2,411,369.69 12-01-2021 30121801 NORTH CAROLINA STATE UNIVERSITY 3.63 105,000.00 9-01-2004 30122302 NORTHEASTERN UNIVERSITY 3.00 2,505,904.63 5-01-2018 30122303 NORTHEASTERN UNIVERSITY 3.00 13,129.36 5-01-2004 30122701 NOVA UNIVERSITY 3.00 180,000.00 12-01-2007 30122802 OCCIDENTAL COLLEGE 3.00 232,000.00 10-01-2019 30123001 OLYMPIC COMMUNITY COLLEGE 3.00 144,999.98 10-01-2008 30123103 OUACHITA BAPTIST UNIVERSITY 3.00 12,000.00 12-01-2006 30123401 PAINE COLLEGE 3.00 742,999.99 10-01-2016 30123701 UNIVERSITY OF THE ARTS 3.00 2,044,351.10 1-01-2022 30124701 PURDUE UNIVERSITY 3.63 215,000.00 7-01-2004
Page 8 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of April 30, 2004
================================================================================================ GMACCM Interest Current Maturity Number Borrower Name Rate UPB Date ================================================================================================ 30124702 PURDUE UNIVERSITY 3.00 78,000.00 7-01-2005 30124803 QUEENS COLLEGE 3.63 27,000.00 7-01-2004 30124901 RANDOLPH MACON COLLEGE 3.00 192,000.00 5-01-2010 30125102 REGIS COLLEGE 3.00 375,000.00 11-01-2012 30125401 RHODE ISLAND COLLEGE 3.00 69,999.99 10-01-2005 30125504 RIDER COLLEGE 3.63 1,350,000.00 11-01-2013 30125506 RIDER COLLEGE 3.00 362,000.00 5-01-2017 30125601 RIO GRANDE COLLEGE 3.00 50,833.50 3-30-2009 30126102 RUTGERS, THE STATE UNIVERSITY 3.75 555,000.00 5-01-2016 30127401 ST MARY'S JUNIORCOLLEGE 3.00 18,000.00 3-01-2005 30127402 ST MARY'S COLLEGE 3.00 351,000.00 6-01-2020 30127602 SAINT MICHAELS COLLEGE 3.00 1,426,353.44 5-01-2013 30127703 SAINT NORBERT COLLEGE 3.00 144,000.00 4-01-2007 30127801 SAINT PAULS COLLEGE 3.00 377,296.99 11-01-2014 30128001 SAINT VINCENT COLLEGE 3.50 485,000.00 5-01-2013 30128301 CALIFORNIA STATE COLLEGES 3.00 365,000.00 11-01-2006 30128401 UNIVERSITY OF ILLINOIS 3.00 990,000.00 11-01-2018 30128602 SEATTLE UNIVERSITY - 1967 PHYS ED 3.00 282,000.00 11-01-2008 30128802 SETON HILL COLLEGE 3.63 257,000.00 11-01-2014 30129101 SIMPSON COLLEGE - BOND 1966 3.00 254,000.00 7-01-2016 30129402 SOUTHEAST MISSOURI STATE UNIV(ESCROW) 3.00 391,000.00 4-01-2007 30129802 SOUTHERN METHODIST UNIVERSITY 3.00 268,000.00 10-01-2007 30129901 BETHANY NAZARENE_UNIVERSITY 3.75 40,000.00 4-01-2005 30130301 SOUTHWEST TEXAS STATE UNIVERSITY 3.00 1,830,000.00 10-01-2015 30130502 SPALDING UNIVERSITY 3.00 156,000.00 9-01-2007 30130703 SPRINGFIELD COLLEGE 3.50 353,000.00 5-01-2013 30130704 SPRINGFIELD COLLEGE 3.00 21,633.55 5-15-2005 30130903 STEPHEN F AUSTIN STATE UNIVERSITY 3.38 1,397,000.00 10-01-2012 30131003 JOHN B. STETSON UNIVERSITY 3.00 58,000.00 1-01-2006 30131301 SUNY, MOHAWK VALLEY COMMUNITY 3.00 85,000.00 4-01-2005 30131702 TALLADEGA COLLEGE 3.00 294,895.00 12-01-2012 30132002 TAYLOR UNIVERSITY 3.00 197,000.00 10-01-2012 30132003 TAYLOR UNIVERSITY 3.00 611,000.00 10-01-2013 30132301 TEXAS A & I UNIV-BLDG SYS SER 1969A 3.00 411,000.00 7-01-2009 30132402 TEXAS SOUTHERN UNIVERSITY 3.50 380,000.00 4-01-2013 30132601 TRANSYLVANIA UNIVERSITY 3.00 302,000.00 11-01-2010 30132904 TUFTS UNIVERSITY 3.00 1,985,000.00 10-01-2021 30133201 UNIV STUDENT COOP HOUSING 3.00 1,325,000.00 4-01-2019 30133301 UNIVERSITY OF ALABAMA 3.00 1,050,000.00 11-01-2008 30133802 UNIV OF LITTLE ROCK ARKANSAS 3.00 103,000.00 11-01-2009 30134002 ARKANSAS STATE TEACHERS COLLEGE 3.00 78,000.00 4-01-2005 30134101 UNIVERSITY OF CENTRAL FLORIDA 3.00 255,000.00 10-01-2007 30134304 UNIVERSITY OF DELAWARE 3.00 500,000.00 11-01-2006 30134305 UNIVERSITY OF DELAWARE 3.00 549,000.00 12-01-2018 30134402 UNIVERSITY OF FLORIDA / REV. CERTS.,84 3.00 1,725,000.00 7-01-2014 30134901 UNIVERSITY OF MICHIGAN 3.75 750,000.00 10-01-2005 30135601 UNIVERSITY OF NORTH CAROLINA 3.00 202,000.00 11-01-2005 30135701 UNIVERSITY OF NORTH CAROLINA 3.00 280,000.00 1-01-2008
Page 9 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of April 30, 2004
================================================================================================ GMACCM Interest Current Maturity Number Borrower Name Rate UPB Date ================================================================================================ 30135702 UNIVERSITY OF NORTH CAROLINA 3.00 19,000.00 1-01-2007 30135801 UNIVERSITY OF NOTRE DAME 3.00 819,898.90 2-15-2019 30135903 UNIVERSITY OF PORTLAND 3.38 590,000.00 4-01-2013 30136002 UNIVERSITY OF PUERTO RICO 3.00 1,209,000.00 6-01-2011 30136601 UNIVERSITY OF SOUTH FLORIDA DORM 1965 3.75 280,000.00 7-01-2005 30136801 UNIVERSITY OF ST THOMAS 3.00 546,000.00 10-01-2019 30136901 UNIV OF STEUBENVILLE 3.13 194,000.00 4-01-2010 30137501 UTICA COLLEGE OF SYRACUSE 3.00 309,000.00 11-01-2009 30137701 VERMONT STATE COLLEGE 3.00 260,000.00 6-01-2008 30137702 VERMONT STATE COLLEGE 3.00 196,000.00 7-01-2014 30137802 VILLANOVA UNIVERSITY 3.00 935,000.00 4-01-2019 30137901 VINCENNES UNIVERSITY 3.00 3,310,000.00 6-01-2023 30138001 VIRGINIA COMMONWEALTH 3.00 1,771,999.99 6-01-2011 30138002 VIRGINA COMMONWEALTH UNIVERSITY 3.00 185,000.00 6-01-2004 30138101 VIRGINIA WESELAN COLLEGE 3.00 195,000.00 11-01-2009 30138102 VIRGINA ST WESELEYAN COLLEGE 3.00 128,000.00 11-01-2010 30138202 WALDORF COLLEGE 3.00 73,000.00 7-01-2005 30138302 WARTBURG COLLEGE ACCT#WART465CD 3.75 100,000.00 4-01-2011 30138702 WESLEY COLLEGE 3.38 166,000.00 5-01-2013 30139001 WEST VALLEY COLLEGE 3.00 250,000.00 4-01-2009 30139503 WEST WASHINGTON STATE COLLEGE 3.63 110,000.00 10-01-2004 30139504 WESTERN WASHINGTON STATE COLLEGE 3.75 140,000.00 10-01-2005 30140003 WHEATON COLLEGE 3.50 580,000.00 4-01-2013 30140102 WHEELING COLLEGE 3.00 40,000.00 11-01-2007 30140201 WHEELOCH COLLEGE 3.00 16,881.44 5-01-2011 30140502 WITTENBERG UNIVERSITY 3.00 615,000.00 5-01-2015 30140503 WITTENBERG UNIVERSITY 3.00 193,000.00 11-01-2017 30140601 THE COLLEGE OF WOOSTER 3.00 24,170.00 3-30-2009 30141001 YORK HOSPITAL 3.00 307,000.00 5-01-2020 TOTALS: 106,699,501.34 ==============
Page 10 of 12 GMAC Commercial Mortgage College and University Loan Trust II Delinquency Report (60+ Days) As of April 30, 2004
=================================================================================== GMACCM Loan Next Payment Number Borrower Name Due P and I Due Current UPB =================================================================================== 30106002 CISCO JUNIOR 7-01-2002 78,000.00 40,400.00 30112402 UNIVERSITY SY 1-01-2003 106,450.55 102,988.88 30123001 OLYMPIC COMMU 10-01-2003 144,999.98 19,999.98 TOTAL: 166,850.53 ==========
GMAC Commercial Mortgage College and University Loan Trust II Liquidation Report As of April 30, 2004 None to report for this period GMAC Commercial Mortgage College and University Loan Trust II Collection Account Activity Report For the Quarter Ended March 31, 2004 Collections:
January February March ---------- ---------- ---------- Principal Payments 608,760.35 923,255.95 169,920.11 Interest Payments 86,785.31 33,980.49 55,803.50 -------------------------------------- Total Principal and Interest Collections 695,545.66 957,236.44 225,723.61 ====================================== Payments and Reversals Posted to Suspense - - - -------------------------------------- Total Collections 695,545.66 957,236.44 225,723.61 Less: Servicing Fees (not withheld from remittances) (4,437.25) (819.51) (1,069.67) -------------------------------------- Net Collections 691,108.41 956,416.93 224,653.94 ======================================
GMAC Commercial Mortgage College & Trust Facility Loan Trust II Service Fees Schedule For the Quarter Ended March 31, 2004
================================================================================================================================= GMACCM Principal Service Date Due Number Borrower Name Principal Due Interest Due Total Due Balance Fees ================================================================================================================================= January - ------- 1-01-2004 30100102 ALABAMA AGRIC 0.00 2175.00 2175.00 145000.00 54.38 1-01-2004 30105403 CENTRAL MISSO 0.00 1703.75 1703.75 94000.00 35.25 1-01-2004 30105404 CENTRAL MISSO 0.00 7125.00 7125.00 475000.00 178.13 1-01-2004 30106002 CISCO JUNIOR 0.00 600.00 600.00 40000.00 15.00 1-01-2004 30106301 CLEMSON UNIVE 0.00 1575.00 1575.00 105000.00 39.38 1-01-2004 30107403 COLUMBIA COLL 0.00 797.50 797.50 44000.00 16.50 1-01-2004 30107404 COLUMBIA COLL 0.00 450.00 450.00 30000.00 11.25 1-01-2004 30111101 FLORIDA AGRIC 0.00 688.75 688.75 38000.00 14.25 1-01-2004 30111201 FLORIDA ATLAN 0.00 297.50 297.50 17000.00 6.38 1-01-2004 30111202 FLORIDA ATLAN 0.00 2175.00 2175.00 145000.00 54.38 1-01-2004 30111503 FLORIDA STATE 75000.00 6450.00 81450.00 430000.00 161.25 1-01-2004 30112002 GEORGE FOX CO 8760.35 4853.45 13613.80 647127.18 242.67 1-01-2004 30112402 UNIVERSITY SY 0.00 1737.94 1737.94 0.00 - 1-01-2004 30112901 HAMPSHIRE COL 12559.69 4356.39 16916.08 290425.69 108.91 1-01-2004 30114802 INTER AMERICA 62997.44 29799.76 92797.20 1986650.57 744.99 1-01-2004 30117202 LOUISIANA STA 0.00 3008.75 3008.75 166000.00 62.25 1-01-2004 30117204 LOUISIANA STA 0.00 1470.00 1470.00 98000.00 36.75 1-01-2004 30117205 LOUISIANA STA 0.00 1725.00 1725.00 115000.00 43.13 1-31-2004 30118202 MARQUETTE UNI 1421.12 1234.73 2655.85 82315.23 30.87 1-01-2004 30120501 MOREHOUSE COL 0.00 8549.99 8549.99 569999.50 213.75 1-01-2004 30121201 NEWARK BETH I 40000.00 9334.38 49334.38 515000.00 193.13 1-01-2004 30123701 PHILADELPHIA 42603.88 31304.32 73908.20 2086954.98 782.61 1-01-2004 30124701 PURDUE UNIVER 0.00 3896.88 3896.88 215000.00 80.63 1-01-2004 30124702 PURDUE UNIVER 0.00 1170.00 1170.00 78000.00 29.25 1-01-2004 30124803 QUEENS COLLEG 0.00 489.38 489.38 27000.00 10.13 1-01-2004 30129101 SIMPSON COLLE 0.00 3810.00 3810.00 254000.00 95.25 1-01-2004 30131003 FIRST UNIONAT 25000.00 1245.00 26245.00 83000.00 31.13 1-01-2004 30132301 TEXAS A & I U 0.00 6165.00 6165.00 411000.00 154.13 1-01-2004 30134402 UNIVERSITY OF 0.00 25875.00 25875.00 1725000.00 646.88 1-01-2004 30135701 UNIVERSITY OF 65000.00 5175.00 70175.00 345000.00 129.38 1-01-2004 30135702 UNIV N CAROLI 6000.00 375.00 6375.00 25000.00 9.38 1-01-2004 30136601 UNIVERSITY OF 0.00 5250.00 5250.00 280000.00 105.00 1-01-2004 30137702 VERMONT STATE 0.00 2940.00 2940.00 196000.00 73.50 1-01-2004 30138202 WALDORF COLLE 0.00 1095.00 1095.00 73000.00 27.38 - ---------------------------------------------------------------------------------------- TOTALS: 339,342.48 178,898.47 518,240.95 11,832,473.15 4,437.25 ======================================================================================== ======================================================================================== February - -------- 2-01-2004 30108101 CUMBERLAND CO 0.00 3870.00 3870.00 258000.00 96.75 2-01-2004 30112902 HAMPSHIRE COL 43212.09 15861.33 59073.42 1057422.08 396.53 2-01-2004 30131101 STILLMAN COLL 28000.00 525.00 28525.00 28000.00 10.50 2-15-2004 30135801 UNIVERSITY OF 22043.86 12629.14 34673.00 841942.76 315.73
GMAC Commercial Mortgage College & Trust Facility Loan Trust II Service Fees Schedule For the Quarter Ended March 31, 2004
================================================================================================================================= GMACCM Principal Service Date Due Number Borrower Name Principal Due Interest Due Total Due Balance Fees ================================================================================================================================= 2-01-2004 30137303 UNIVERSITY OF 0.00 1020.00 1020.00 0.00 - ---------------------------------------------------------------------------------------- TOTALS: 93,255.95 33,905.47 127,161.42 2,185,364.84 819.51 ======================================================================================== ======================================================================================== March 3-01-2004 30101102 ANDERSON UNIV 35000.00 1575.00 36575.00 105000.00 39.38 3-01-2004 30101901 BAPTIST COLLE 45000.00 13500.00 58500.00 900000.00 337.50 3-01-2004 30101902 BAPTIST COLLE 54000.00 6975.00 60975.00 465000.00 174.38 3-01-2004 30104801 CARROLL COLLE 24000.00 6525.00 30525.00 348000.00 130.50 3-01-2004 30110301 EMBRY-RIDDLE 0.00 3600.00 3600.00 240000.00 90.00 3-15-2004 30113702 HIWASSEE COLL 4420.18 2487.82 6908.00 165854.71 62.20 3-01-2004 30114801 INTER AMERICA 0.00 825.00 825.00 55000.00 20.63 3-01-2004 30115901 LA GRANGE COL 30000.00 2925.00 32925.00 195000.00 73.13 3-01-2004 30121801 NORTH CAROLIN 0.00 1903.13 1903.13 105000.00 39.38 3-30-2004 30125601 RIO GRANDE CO 5083.33 838.75 5922.08 55916.83 20.97 3-01-2004 30127401 ST MARY'S COL 17000.00 525.00 17525.00 35000.00 13.13 3-01-2004 30130502 SPALDING UNIV 0.00 2340.00 2340.00 156000.00 58.50 3-30-2004 30140601 WOOSTER BUSIN 2416.60 398.80 2815.40 26586.60 9.97 ---------------------------------------------------------------------------------------- TOTALS: 216,920.11 44,418.50 261,338.61 2,852,358.14 1,069.67 ======================================================================================== TOTALS FOR QTR 649,518.54 257,222.44 906,740.98 16,870,196.13 6,326.43 ========================================================================================
GMAC Commercial Mortgage College and University Loan Trust II Paid In Full Loan Schedule For the Quarter Ended March 31, 2004
=========================================================================================================================== Loan Number Payoff Date Total Amount Paid Principal Amount Interest Amount Other Fees Maturity Date =========================================================================================================================== 30140801 1-21-04 389000.00 389000.00 3890.00 0.00 5-01-2009 30102701 2-05-04 830000.00 830000.00 0.00 0.00 11-01-2007 30131101 2-03-04 28525.02 28000.00 525.02 0.00 2-01-2004 --------------------------------------------------------------------------------------------------- TOTALS 1,247,525.02 1,247,000.00 4,415.02 - ===================================================================================================
* Please note that service fees have not yet been deducted. GMAC Commercial Mortgage College and University Loan Trust II Summary of Partial Prepayments For Quarter ending March 31, 2004
========================================================================================== Loan Number Payoff Date Total Amount Paid Principal Amount Interest Amount ========================================================================================== None to report for this period ------------------------------------------------------- TOTAL: - - - =======================================================
GMAC Commercial Mortgage College and University Loan Trust II Trial Balance For Quarter ending March 31, 2004
============================================================================================================== GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date ============================================================================================================== 30100102 ALABAMA AGRICULTURAL 3.00 145,000.00 7-01-2005 30100103 ALABAMA AGRICULTURAL 3.00 1,550,000.00 5-01-2018 30100201 ALBION COLLEGE 3.00 74,640.00 10-01-2009 30100301 ALBRIGHT COLLEGE 3.00 408,000.00 11-01-2015 30101102 ANDERSON COLLEGE 3.00 70,000.00 3-01-2006 30101303 ARIZONA STATE UNIVERSITY 3.00 480,000.00 4-01-2006 30101601 AUBURN UNIVERSITY 3.00 1,745,000.00 12-01-2018 30101701 AZUSA PACIFIC UNIVERSITY 3.75 169,000.00 4-01-2015 30102301 BECKER JUNIOR COLLEGE 3.00 67,000.00 4-01-2005 30102401 BELLARMINE COLLEGE 3.63 9,999.97 5-01-2004 30102602 BENEDICT COLLEGE 3.75 22,000.00 11-01-2004 30102603 BENEDICT COLLEGE 3.00 332,000.00 11-01-2006 30102604 BENEDICT COLLEGE 3.00 1,532,000.00 11-01-2020 30102802 BETHANY COLLEGE - DORM BOND 1965 3.38 211,000.00 11-01-2012 30102803 BETHANY COLLEGE - HALL BOND 1967 3.00 230,000.00 11-01-2017 30102804 BETHANY COLLEGE - NOTE OF 1973 3.00 380,000.00 11-01-2012 30103001 BOSTON ARCHITECTURAL CENTER 3.75 18,000.00 11-01-2004 30103302 BRANDEIS UNIVERSITY 3.00 199,050.89 11-01-2011 30103901 CALIFORNIA STATE COLLEGES 3.00 485,000.00 11-01-2007 30104001 CALIFORNIA STATE UNIVERSITY, 3.00 140,000.00 11-01-2006 30104102 CALIFORNIA STATE UNIVERSITY, 3.00 905,000.00 11-01-2013 30104201 TRUST SERVICES DIVISION 3.00 2,178,000.00 11-01-2019 30104401 CAMERON UNIVERSITY 3.00 1,180,000.00 4-01-2007 30104502 CANISIUS COLLEGE CONST & CONSO BND 1967 3.00 1,275,000.00 11-01-2017 30104604 CARNEGIE MELLON 3.00 170,000.00 5-01-2009 30104605 CARNEGIE MELLON 3.00 820,000.00 11-01-2017 30104702 CARROLL COLLEGE 3.75 270,000.00 6-01-2014 30104703 CARROLL COLLEGE 3.00 134,248.27 6-01-2018 30104801 CARROLL COLLEGE - DORM BOND 1965 3.75 348,000.00 3-01-2015 30105101 CATAWBA COLLEGE 3.00 149,000.00 12-01-2009 30105403 CENTRAL MISSOURI STATE 3.63 94,000.00 7-01-2004 30105404 CENTRAL MISSOURI STATE 3.00 475,000.00 7-01-2007 30105701 CHAMPLAIN COLLEGE, INC. 3.00 115,904.48 12-01-2013 30105801 CHAPMAN COLLEGE 3.00 420,000.00 10-01-2013 30105802 CHAPMAN COLLEGE 3.00 107,000.00 11-01-2005 30105803 CHAPMAN COLLEGE 3.00 112,000.00 11-01-2007 30105901 CHATEAU COMM HOUSING ASSC 3.00 1,110,000.00 10-01-2012 30106002 CISCO JUNIOR COLLEGE 3.00 78,000.00 7-01-2005 30106301 CLEMSON UNIVERSITY - STUDENT FAC 1966 3.00 105,000.00 7-01-2005 30106401 COKER COLLEGE 3.00 84,999.99 12-01-2009 30106702 COLLEGE OF SAINT ROSE 3.00 788,394.88 5-01-2022 30106802 COLLEGE OF ST. THOMAS 3.00 324,000.00 11-01-2009 30106902 COLLEGE OF SANTA FE 3.00 64,000.00 10-01-2005 30106904 COLLEGE OF SANTA FE 3.00 491,000.00 10-01-2018 30107002 COLLEGE OF THE HOLY CROSS 3.63 750,000.00 10-01-2013 30107003 COLLEGE OF THE HOLY CROSS 3.00 325,000.00 10-01-2006 30107403 COLUMBIA COLLEGE 3.63 44,000.00 7-01-2004 30107404 COLUMBIA COLLEGE 3.00 30,000.00 7-01-2006 30107601 CONCORDIA COLLEGE 3.00 81,000.00 4-01-2009
Page 1 of 5 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance For Quarter ending March 31, 2004
============================================================================================================== GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date ============================================================================================================== 30107701 CONCORDIA COLLEGE 3.00 615,000.00 5-01-2019 30108101 CUMBERLAND COLLEGE 3.00 258,000.00 8-01-2017 30108202 DAEMEN COLLEGE(ROSARY HILL COLLEGE) 3.00 505,000.00 4-01-2016 30108301 DAKOTA WESLEYAN UNIVERSITY 3.00 145,000.00 10-01-2015 30108801 DILLARD UNIVERSITY 3.00 131,000.00 4-01-2008 30109301 DOWLING COLLEGE 3.00 404,000.00 10-01-2010 30109502 DREXEL UNIVERSITY 3.50 960,000.00 5-01-2014 30109604 DRURY COLLEGE 3.00 217,000.00 4-01-2015 30109605 DRURY COLLEGE 3.00 325,000.00 10-01-2010 30109801 DYOURVILLE COLLEGE 3.00 901,535.00 4-01-2018 30110101 ELIZABETH CITY STATE UNIVERSITY 3.00 310,000.00 10-01-2017 30110301 EMBRY RIDDLE AERONAUTICAL UNIV. 3.00 240,000.00 9-01-2007 30110401 EMMANUEL COLLEGE 3.00 121,000.00 11-01-2013 30110802 FAIRLEIGH DICKINSON UNIV 3.00 1,350,000.00 11-01-2017 30111101 FLORIDA A & M UNIVERSITY - DORM 64 3.63 38,000.00 7-01-2004 30111201 FLORIDA ATLANTIC UNIVERSITY 3.50 17,000.00 7-01-2004 30111202 FLORIDA ATLANTIC UNIVERSITY-SER A 3.00 145,000.00 7-01-2006 30111301 FLORIDA INSTITUTE OF TECHNOLOGY 3.00 116,000.00 11-01-2009 30111503 FLORIDA STATE UNIVERSITY - DORM 69 3.00 355,000.00 1-01-2009 30111603 FT HAYES STATE UNIVERSITY 3.00 80,000.00 10-01-2007 30111701 FT LEWIS COLLEGE 3.00 230,000.00 10-01-2006 30111802 GANNON UNIV. - DORM BOND 1969, SER A 3.00 489,999.98 11-01-2011 30111803 GANNON UNIVERSITY 3.00 175,658.07 12-01-2022 30111901 GAVILAN COLLEGE 3.00 24,000.00 4-01-2006 30112002 GEORGE FOX COLLEGE 3.00 638,366.83 7-01-2018 30112202 GEORGETOWN COLLEGE 3.00 269,000.00 12-01-2008 30112203 GEORGETOWN COLLEGE 3.00 520,000.00 12-01-2009 30112301 GEORGETOWN UNIVERSITY 3.00 2,399,000.00 11-01-2020 30112302 GEORGETOWN UNIVERSITY 4.00 6,205,000.00 11-01-2020 30112303 GEORGETOWN UNIVERSITY 3.00 311,508.31 5-01-2005 30112402 GEORGIA EDUCATION AUTHORITY 3.38 102,988.88 1-01-2003 30112901 HAMPSHIRE COLLEGE 3.00 277,866.00 7-01-2013 30112902 HAMPSHIRE COLLEGE 3.00 1,014,209.99 2-01-2014 30113101 HARPER GRACE HOSPITAL 3.63 235,000.00 4-01-2005 30113401 HESSTON COLLEGE 3.00 67,000.00 4-01-2006 30113501 HIGH POINT COLLEGE 3.00 210,000.00 12-01-2010 30113601 HINDS JUNIOR COLLEGE 3.00 1,449,000.00 4-01-2013 30113702 HIWASSEE COLLEGE 3.00 161,434.53 9-15-2018 30113801 HOFSTRA UNIVERSITY 3.00 1,454,785.56 11-01-2012 30114001 HOOD COLLEGE 3.63 221,000.00 11-01-2014 30114201 HUSTON-TILLOTSON COLLEGE - DORM 1964 3.50 305,000.00 4-01-2014 30114302 HUNTINGDON COLLEGE - DORM 1968 3.00 145,000.00 10-01-2008 30114801 INTER AMERICAN UNIVERSITY OF PUERTO RICO 3.00 55,000.00 9-01-2007 30114802 INTER-AMERICAN UNIV. OF PUERTO RICO 3.00 1,923,653.13 1-01-2017 30115001 JAMES MADISON UNIVERSITY 3.00 1,040,000.00 6-01-2009 30115502 KANSAS STATE UNIVERSITY 3.63 170,000.00 4-01-2004 30115602 KENDALL COLLEGE 3.00 132,000.00 10-01-2008 30115803 KNOX COLLEGE - DORM BONDS 1966 3.00 150,000.00 4-01-2006 30115901 LA GRANGE COLLEGE 3.00 165,000.00 3-01-2009
Page 2 of 5 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance For Quarter ending March 31, 2004
============================================================================================================== GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date ============================================================================================================== 30116102 LANGSTON UNIVERSITY 3.00 525,000.00 4-01-2007 30116201 LASSEN JUNIOR COLLEGE 3.00 379,000.00 4-01-2020 30116601 LENOIR RHYNE COLLEGE 3.00 69,000.00 12-01-2006 30116801 LINFIELD COLLEGE - HALL BONDS 1968 3.00 67,000.00 10-01-2017 30116902 LONG ISLAND UNIVERSITY 3.75 249,999.99 5-01-2005 30116903 LONG ISLAND UNIVERSITY 3.00 132,863.23 11-01-2009 30116904 LONG ISLAND UNIVERSITY 3.00 464,435.94 11-01-2009 30117002 LONG ISLAND UNIVERSITY 3.63 425,000.00 6-01-2014 30117102 LONG ISLAND UNIVERSITY 3.75 21,000.00 10-01-2004 30117202 LOUISIANA STATE UNIV - BOND 1964B 3.63 166,000.00 7-01-2004 30117204 LA. STATE UNIV. 1965 BOND SER B 3.00 98,000.00 7-01-2005 30117205 LA. STATE UNIV. 1966 BOND SER C 3.00 115,000.00 7-01-2006 30117402 LYCOMING COLLEGE 3.63 189,000.00 5-01-2014 30117403 LYCOMING COLLEGE 3.75 264,999.99 5-01-2015 30117501 LYNCHBURG COLLEGE 3.75 398,000.00 5-01-2015 30117502 LYNCHBURG COLLEGE 3.00 540,000.00 5-01-2018 30117602 MACALESTER COLLEGE 3.00 376,553.11 5-01-2020 30117801 MARIAN COLLEGE OF FOND DU LAC 3.00 435,000.00 10-01-2016 30118302 MARY BALDWIN COLLEGE 3.38 303,000.00 5-01-2012 30118401 MARYMOUNT UNIVERSITY 3.00 510,000.00 5-01-2016 30118701 MCLENNAN COMMUNITY COLLEGE 3.00 340,000.00 4-01-2006 30119001 SLOAN-MEMORIAL KETTERING CANCER CENTER 3.38 734,000.00 4-01-2012 30119202 MERCER UNIV. ACCOUNTING OFFICE 3.00 363,182.06 5-01-2014 30119301 MERCY COLLEGE 3.63 1,100,000.00 10-01-2013 30119701 MIDLAND LUTHERAN COLLEGE 3.00 32,000.00 4-01-2005 30119801 MILLSAPS COLLEGE 3.00 496,000.00 11-01-2021 30119903 MISSISSIPPI STATE UNIVERSITY 3.00 1,290,000.00 12-01-2020 30120402 MORAVIAN COLLEGE 3.38 162,000.00 11-01-2012 30120501 MOREHOUSE COLLEGE 3.00 569,999.50 7-01-2010 30120601 MORGAN STATE UNIVERSTIY 3.00 1,726,972.58 11-01-2014 30120701 MORRIS BROWN COLLEGE 3.75 106,000.00 5-01-2007 30120704 MORRIS BROWN COLLEGE 3.75 41,000.00 5-01-2004 30120705 MORRIS BROWN COLLEGE 3.00 1,025,000.00 5-01-2018 30120706 MORRIS BROWN COLLEGE 3.00 270,000.00 5-01-2010 30120801 MORRIS COLLEGE 3.00 368,000.00 11-01-2009 30121101 NEW ENGLAND COLLEGE 3.00 127,000.00 4-01-2016 30121201 NEWARK BETH ISREAL MEDICAL CENTER 3.63 475,000.00 1-01-2014 30121301 NIACC DORMITORIES, INC. 3.00 49,618.73 10-01-2012 30121501 NORFOLK STATE UNIVERSITY 3.00 2,411,369.69 12-01-2021 30121801 NORTH CAROLINA STATE UNIVERSITY 3.63 105,000.00 9-01-2004 30122302 NORTHEASTERN UNIVERSITY 3.00 2,505,904.63 5-01-2018 30122303 NORTHEASTERN UNIVERSITY 3.00 13,129.36 5-01-2004 30122701 NOVA UNIVERSITY 3.00 180,000.00 12-01-2007 30122802 OCCIDENTAL COLLEGE 3.00 232,000.00 10-01-2019 30123001 OLYMPIC COMMUNITY COLLEGE 3.00 144,999.98 10-01-2008 30123103 OUACHITA BAPTIST UNIVERSITY 3.00 12,000.00 12-01-2006 30123401 PAINE COLLEGE 3.00 742,999.99 10-01-2016 30123701 UNIVERSITY OF THE ARTS 3.00 2,044,351.10 1-01-2022 30124701 PURDUE UNIVERSITY 3.63 215,000.00 7-01-2004
Page 3 of 5 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance For Quarter ending March 31, 2004
============================================================================================================== GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date ============================================================================================================== 30124702 PURDUE UNIVERSITY 3.00 78,000.00 7-01-2005 30124803 QUEENS COLLEGE 3.63 27,000.00 7-01-2004 30124901 RANDOLPH MACON COLLEGE 3.00 192,000.00 5-01-2010 30125102 REGIS COLLEGE 3.00 375,000.00 11-01-2012 30125401 RHODE ISLAND COLLEGE 3.00 69,999.99 10-01-2005 30125504 RIDER COLLEGE 3.63 1,350,000.00 11-01-2013 30125506 RIDER COLLEGE 3.00 362,000.00 5-01-2017 30125601 RIO GRANDE COLLEGE 3.00 50,833.50 3-30-2009 30126102 RUTGERS, THE STATE UNIVERSITY 3.75 555,000.00 5-01-2016 30127401 ST MARY'S JUNIORCOLLEGE 3.00 18,000.00 3-01-2005 30127402 ST MARY'S COLLEGE 3.00 351,000.00 6-01-2020 30127602 SAINT MICHAELS COLLEGE 3.00 1,426,353.44 5-01-2013 30127702 SAINT NORBERT COLLEGE 3.63 42,000.00 4-01-2004 30127703 SAINT NORBERT COLLEGE 3.00 191,000.00 4-01-2007 30127801 SAINT PAULS COLLEGE 3.00 377,296.99 11-01-2014 30128001 SAINT VINCENT COLLEGE 3.50 485,000.00 5-01-2013 30128301 CALIFORNIA STATE COLLEGES 3.00 365,000.00 11-01-2006 30128401 UNIVERSITY OF ILLINOIS 3.00 990,000.00 11-01-2018 30128602 SEATTLE UNIVERSITY - 1967 PHYS ED 3.00 282,000.00 11-01-2008 30128802 SETON HILL COLLEGE 3.63 257,000.00 11-01-2014 30129101 SIMPSON COLLEGE - BOND 1966 3.00 254,000.00 7-01-2016 30129402 SOUTHEAST MISSOURI STATE UNIV(ESCROW) 3.00 541,000.00 4-01-2007 30129802 SOUTHERN METHODIST UNIVERSITY 3.00 268,000.00 10-01-2007 30129901 BETHANY NAZARENE_UNIVERSITY 3.75 80,000.00 4-01-2005 30130301 SOUTHWEST TEXAS STATE UNIVERSITY 3.00 1,830,000.00 10-01-2015 30130502 SPALDING UNIVERSITY 3.00 156,000.00 9-01-2007 30130703 SPRINGFIELD COLLEGE 3.50 353,000.00 5-01-2013 30130704 SPRINGFIELD COLLEGE 3.00 21,633.55 5-15-2005 30130903 STEPHEN F AUSTIN STATE UNIVERSITY 3.38 1,397,000.00 10-01-2012 30131003 JOHN B. STETSON UNIVERSITY 3.00 58,000.00 1-01-2006 30131301 SUNY, MOHAWK VALLEY COMMUNITY 3.00 165,000.00 4-01-2005 30131702 TALLADEGA COLLEGE 3.00 294,895.00 12-01-2012 30132002 TAYLOR UNIVERSITY 3.00 197,000.00 10-01-2012 30132003 TAYLOR UNIVERSITY 3.00 611,000.00 10-01-2013 30132301 TEXAS A & I UNIV-BLDG SYS SER 1969A 3.00 411,000.00 7-01-2009 30132402 TEXAS SOUTHERN UNIVERSITY 3.50 380,000.00 4-01-2013 30132601 TRANSYLVANIA UNIVERSITY 3.00 302,000.00 11-01-2010 30132904 TUFTS UNIVERSITY 3.00 1,985,000.00 10-01-2021 30133201 UNIV STUDENT COOP HOUSING 3.00 1,325,000.00 4-01-2019 30133301 UNIVERSITY OF ALABAMA 3.00 1,050,000.00 11-01-2008 30133802 UNIV OF LITTLE ROCK ARKANSAS 3.00 103,000.00 11-01-2009 30134002 ARKANSAS STATE TEACHERS COLLEGE 3.00 228,000.00 4-01-2005 30134101 UNIVERSITY OF CENTRAL FLORIDA 3.00 255,000.00 10-01-2007 30134304 UNIVERSITY OF DELAWARE 3.00 500,000.00 11-01-2006 30134305 UNIVERSITY OF DELAWARE 3.00 549,000.00 12-01-2018 30134402 UNIVERSITY OF FLORIDA / REV. CERTS.,84 3.00 1,725,000.00 7-01-2014 30134901 UNIVERSITY OF MICHIGAN 3.75 750,000.00 10-01-2005 30135601 UNIVERSITY OF NORTH CAROLINA 3.00 202,000.00 11-01-2005 30135701 UNIVERSITY OF NORTH CAROLINA 3.00 280,000.00 1-01-2008
Page 4 of 5 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance For Quarter ending March 31, 2004
============================================================================================================== GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date ============================================================================================================== 30135702 UNIVERSITY OF NORTH CAROLINA 3.00 19,000.00 1-01-2007 30135801 UNIVERSITY OF NOTRE DAME 3.00 819,898.90 2-15-2019 30135903 UNIVERSITY OF PORTLAND 3.38 590,000.00 4-01-2013 30136002 UNIVERSITY OF PUERTO RICO 3.00 1,209,000.00 6-01-2011 30136601 UNIVERSITY OF SOUTH FLORIDA DORM 1965 3.75 280,000.00 7-01-2005 30136801 UNIVERSITY OF ST THOMAS 3.00 546,000.00 10-01-2019 30136901 UNIV OF STEUBENVILLE 3.13 224,000.00 4-01-2010 30137501 UTICA COLLEGE OF SYRACUSE 3.00 309,000.00 11-01-2009 30137701 VERMONT STATE COLLEGE 3.00 260,000.00 6-01-2008 30137702 VERMONT STATE COLLEGE 3.00 196,000.00 7-01-2014 30137802 VILLANOVA UNIVERSITY 3.00 985,000.00 4-01-2019 30137901 VINCENNES UNIVERSITY 3.00 3,310,000.00 6-01-2023 30138001 VIRGINIA COMMONWEALTH 3.00 1,771,999.99 6-01-2011 30138002 VIRGINA COMMONWEALTH UNIVERSITY 3.00 185,000.00 6-01-2004 30138101 VIRGINIA WESELAN COLLEGE 3.00 195,000.00 11-01-2009 30138102 VIRGINA ST WESELEYAN COLLEGE 3.00 128,000.00 11-01-2010 30138202 WALDORF COLLEGE 3.00 73,000.00 7-01-2005 30138302 WARTBURG COLLEGE ACCT#WART465CD 3.75 112,000.00 4-01-2011 30138402 WASHINGTON STATE UNIV. - 1965 SERIES-E 3.63 140,000.00 4-01-2004 30138403 WASHINGTON STATE UNIV.- 1965 SERIES-F 3.75 89,900.00 4-01-2004 30138702 WESLEY COLLEGE 3.38 166,000.00 5-01-2013 30138801 WEST KERN JR. COLLEGE DISTRICT 3.63 13,000.00 4-01-2004 30139001 WEST VALLEY COLLEGE 3.00 250,000.00 4-01-2009 30139503 WEST WASHINGTON STATE COLLEGE 3.63 110,000.00 10-01-2004 30139504 WESTERN WASHINGTON STATE COLLEGE 3.75 140,000.00 10-01-2005 30140003 WHEATON COLLEGE 3.50 635,000.00 4-01-2013 30140102 WHEELING COLLEGE 3.00 40,000.00 11-01-2007 30140201 WHEELOCH COLLEGE 3.00 16,881.44 5-01-2011 30140502 WITTENBERG UNIVERSITY 3.00 615,000.00 5-01-2015 30140503 WITTENBERG UNIVERSITY 3.00 193,000.00 11-01-2017 30140601 THE COLLEGE OF WOOSTER 3.00 24,170.00 3-30-2009 30141001 YORK HOSPITAL 3.00 307,000.00 5-01-2020 -------------- TOTALS: 110,751,487.44 ==============
Page 5 of 5 GMAC Commercial Mortgage College and University Loan Trust II Delinquency Report (60+ Days) For Quarter ending March 31, 2004
================================================================================ GMACCM Borrower Next Loan Number Name Payment Due P and I Due Current UPB ================================================================================ 30106002 CISCO JUNIOR 7-01-2002 40,400.00 78,000.00 30112402 UNIVERSITY SY 1-01-2003 106,450.55 102,988.88 30123001 OLYMPIC COMMU 10-01-2003 19,999.98 144,999.98 ----------- TOTAL: 166,850.53 ===========
GMAC Commercial Mortgage College and University Loan Trust II Liquidation Report For Quarter ending March 31, 2004 None to report for this period GMAC Commercial Mortgage College and University Loan Trust II Collection Account Activity Report For the Period of February 1, 2004 through February 29, 2004
Collections: Principal Payments 923,255.95 Interest Payments 33,980.49 ---------- Total Principal and Interest Collections 957,236.44 Payments and Reversals Posted to Suspense - ---------- Total Collections 957,236.44 Less: Servicing Fees (not withheld from remittances) (819.51) ---------- Net Collections 956,416.93 ==========
GMAC Commercial Mortgage College & Trust Facility Loan Trust II Service Fees Schedule For the Period of February 1, 2004 through February 29, 2004
========================================================================================================== GMACCM Borrower Principal Interest Total Principal Service Date Due Number Name Due Due Due Balance Fees ========================================================================================================== 2-01-2004 30108101 CUMBERLAND CO 0.00 3870.00 3870.00 258000.00 96.75 2-01-2004 30112902 HAMPSHIRE COL 43212.09 15861.33 59073.42 1057422.08 396.53 2-01-2004 30131101 STILLMAN COLL 28000.00 525.00 28525.00 28000.00 10.50 2-15-2004 30135801 UNIVERSITY OF 22043.86 12629.14 34673.00 841942.76 315.73 2-01-2004 30137303 UNIVERSITY OF 0.00 1020.00 1020.00 0.00 -
Page 2 of 12 GMAC Commercial Mortgage College and University Loan Trust II Paid in full Schedule For the Period of February 1, 2004 through February 29, 2004
====================================================================================================================== Loan Number Payoff Date Total Amount Paid Principal Amount Interest Amount Other Fees Maturity Date - ---------------------------------------------------------------------------------------------------------------------- 30102701 2-05-04 830000.00 830000.00 0.00 0.00 11-01-2007 30131101 2-03-04 28,525.02 28,000.00 525.02 0.00 2-01-2004 ---------------------------------------------- TOTALS: 858,525.02 858,000.00 525.02 ==============================================
GMAC Commercial Mortgage College and University Loan Trust I Summary of Partial Prepayments For the Period of February 1, 2004 through February 29, 2004
======================================================================================= Loan Number Payoff Date Total Amount Paid Principal Amount Interest Amount ======================================================================================= None to report for this period TOTAL: - - - ====================================================
GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of February 29, 2004
============================================================================================= GMACCM Interest Current Maturity Number Borrower Name Rate UPB Date ============================================================================================= 30100102 ALABAMA AGRICULTURAL 3.00 145,000.00 7-01-2005 30100103 ALABAMA AGRICULTURAL 3.00 1,550,000.00 5-01-2018 30100201 ALBION COLLEGE 3.00 74,640.00 10-01-2009 30100301 ALBRIGHT COLLEGE 3.00 408,000.00 11-01-2015 30101102 ANDERSON COLLEGE 3.00 105,000.00 3-01-2006 30101303 ARIZONA STATE UNIVERSITY 3.00 480,000.00 4-01-2006 30101601 AUBURN UNIVERSITY 3.00 1,745,000.00 12-01-2018 30101701 AZUSA PACIFIC UNIVERSITY 3.75 169,000.00 4-01-2015 30102301 BECKER JUNIOR COLLEGE 3.00 67,000.00 4-01-2005 30102401 BELLARMINE COLLEGE 3.63 9,999.97 5-01-2004 30102602 BENEDICT COLLEGE 3.75 22,000.00 11-01-2004 30102603 BENEDICT COLLEGE 3.00 332,000.00 11-01-2006 30102604 BENEDICT COLLEGE 3.00 1,532,000.00 11-01-2020 30102802 BETHANY COLLEGE - DORM BOND 1965 3.38 211,000.00 11-01-2012 30102803 BETHANY COLLEGE - HALL BOND 1967 3.00 230,000.00 11-01-2017 30102804 BETHANY COLLEGE - NOTE OF 1973 3.00 380,000.00 11-01-2012 30103001 BOSTON ARCHITECTURAL CENTER 3.75 18,000.00 11-01-2004 30103302 BRANDEIS UNIVERSITY 3.00 199,050.89 11-01-2011 30103901 CALIFORNIA STATE COLLEGES 3.00 485,000.00 11-01-2007 30104001 CALIFORNIA STATE UNIVERSITY, 3.00 140,000.00 11-01-2006 30104102 CALIFORNIA STATE UNIVERSITY, 3.00 905,000.00 11-01-2013 30104201 TRUST SERVICES DIVISION 3.00 2,178,000.00 11-01-2019 30104401 CAMERON UNIVERSITY 3.00 1,180,000.00 4-01-2007 30104502 CANISIUS COLLEGE CONST & CONSO BND 1967 3.00 1,275,000.00 11-01-2017 30104604 CARNEGIE MELLON 3.00 170,000.00 5-01-2009 30104605 CARNEGIE MELLON 3.00 820,000.00 11-01-2017 30104702 CARROLL COLLEGE 3.75 270,000.00 6-01-2014 30104703 CARROLL COLLEGE 3.00 134,248.27 6-01-2018 30104801 CARROLL COLLEGE - DORM BOND 1965 3.75 348,000.00 3-01-2015 30105101 CATAWBA COLLEGE 3.00 149,000.00 12-01-2009 30105403 CENTRAL MISSOURI STATE 3.63 94,000.00 7-01-2004 30105404 CENTRAL MISSOURI STATE 3.00 475,000.00 7-01-2007 30105701 CHAMPLAIN COLLEGE, INC. 3.00 115,904.48 12-01-2013 30105801 CHAPMAN COLLEGE 3.00 420,000.00 10-01-2013 30105802 CHAPMAN COLLEGE 3.00 107,000.00 11-01-2005 30105803 CHAPMAN COLLEGE 3.00 112,000.00 11-01-2007 30105901 CHATEAU COMM HOUSING ASSC 3.00 1,110,000.00 10-01-2012 30106002 CISCO JUNIOR COLLEGE 3.00 78,000.00 7-01-2005 30106301 CLEMSON UNIVERSITY - STUDENT FAC 1966 3.00 105,000.00 7-01-2005 30106401 COKER COLLEGE 3.00 84,999.99 12-01-2009 30106702 COLLEGE OF SAINT ROSE 3.00 788,394.88 5-01-2022 30106802 COLLEGE OF ST. THOMAS 3.00 324,000.00 11-01-2009 30106902 COLLEGE OF SANTA FE 3.00 64,000.00 10-01-2005 30106904 COLLEGE OF SANTA FE 3.00 491,000.00 10-01-2018 30107002 COLLEGE OF THE HOLY CROSS 3.63 750,000.00 10-01-2013 30107003 COLLEGE OF THE HOLY CROSS 3.00 325,000.00 10-01-2006 30107403 COLUMBIA COLLEGE 3.63 44,000.00 7-01-2004 30107404 COLUMBIA COLLEGE 3.00 30,000.00 7-01-2006
Page 7 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of February 29, 2004
============================================================================================= GMACCM Interest Current Maturity Number Borrower Name Rate UPB Date ============================================================================================= 30107601 CONCORDIA COLLEGE 3.00 81,000.00 4-01-2009 30107701 CONCORDIA COLLEGE 3.00 615,000.00 5-01-2019 30108101 CUMBERLAND COLLEGE 3.00 258,000.00 8-01-2017 30108202 DAEMEN COLLEGE(ROSARY HILL COLLEGE) 3.00 505,000.00 4-01-2016 30108301 DAKOTA WESLEYAN UNIVERSITY 3.00 145,000.00 10-01-2015 30108801 DILLARD UNIVERSITY 3.00 131,000.00 4-01-2008 30109301 DOWLING COLLEGE 3.00 404,000.00 10-01-2010 30109502 DREXEL UNIVERSITY 3.50 960,000.00 5-01-2014 30109604 DRURY COLLEGE 3.00 217,000.00 4-01-2015 30109605 DRURY COLLEGE 3.00 325,000.00 10-01-2010 30109801 DYOURVILLE COLLEGE 3.00 901,535.00 4-01-2018 30110101 ELIZABETH CITY STATE UNIVERSITY 3.00 310,000.00 10-01-2017 30110301 EMBRY RIDDLE AERONAUTICAL UNIV. 3.00 240,000.00 9-01-2007 30110401 EMMANUEL COLLEGE 3.00 121,000.00 11-01-2013 30110802 FAIRLEIGH DICKINSON UNIV 3.00 1,350,000.00 11-01-2017 30111101 FLORIDA A & M UNIVERSITY - DORM 64 3.63 38,000.00 7-01-2004 30111201 FLORIDA ATLANTIC UNIVERSITY 3.50 17,000.00 7-01-2004 30111202 FLORIDA ATLANTIC UNIVERSITY-SER A 3.00 145,000.00 7-01-2006 30111301 FLORIDA INSTITUTE OF TECHNOLOGY 3.00 116,000.00 11-01-2009 30111503 FLORIDA STATE UNIVERSITY - DORM 69 3.00 355,000.00 1-01-2009 30111603 FT HAYES STATE UNIVERSITY 3.00 80,000.00 10-01-2007 30111701 FT LEWIS COLLEGE 3.00 230,000.00 10-01-2006 30111802 GANNON UNIV. - DORM BOND 1969, SER A 3.00 489,999.98 11-01-2011 30111803 GANNON UNIVERSITY 3.00 175,658.07 12-01-2022 30111901 GAVILAN COLLEGE 3.00 35,000.00 4-01-2006 30112002 GEORGE FOX COLLEGE 3.00 638,366.83 7-01-2018 30112202 GEORGETOWN COLLEGE 3.00 269,000.00 12-01-2008 30112203 GEORGETOWN COLLEGE 3.00 520,000.00 12-01-2009 30112301 GEORGETOWN UNIVERSITY 3.00 2,399,000.00 11-01-2020 30112302 GEORGETOWN UNIVERSITY 4.00 6,205,000.00 11-01-2020 30112303 GEORGETOWN UNIVERSITY 3.00 311,508.31 5-01-2005 30112402 GEORGIA EDUCATION AUTHORITY 3.38 102,988.88 1-01-2003 30112901 HAMPSHIRE COLLEGE 3.00 277,866.00 7-01-2013 30112902 HAMPSHIRE COLLEGE 3.00 1,014,209.99 2-01-2014 30113101 HARPER GRACE HOSPITAL 3.63 235,000.00 4-01-2005 30113401 HESSTON COLLEGE 3.00 67,000.00 4-01-2006 30113501 HIGH POINT COLLEGE 3.00 210,000.00 12-01-2010 30113601 HINDS JUNIOR COLLEGE 3.00 1,449,000.00 4-01-2013 30113702 HIWASSEE COLLEGE 3.00 165,854.71 9-15-2018 30113801 HOFSTRA UNIVERSITY 3.00 1,454,785.56 11-01-2012 30114001 HOOD COLLEGE 3.63 221,000.00 11-01-2014 30114201 HUSTON-TILLOTSON COLLEGE - DORM 1964 3.50 305,000.00 4-01-2014 30114302 HUNTINGDON COLLEGE - DORM 1968 3.00 145,000.00 10-01-2008 30114801 INTER AMERICAN UNIVERSITY OF PUERTO RICO 3.00 55,000.00 9-01-2007 30114802 INTER-AMERICAN UNIV. OF PUERTO RICO 3.00 1,923,653.13 1-01-2017 30115001 JAMES MADISON UNIVERSITY 3.00 1,040,000.00 6-01-2009 30115502 KANSAS STATE UNIVERSITY 3.63 170,000.00 4-01-2004 30115602 KENDALL COLLEGE 3.00 132,000.00 10-01-2008
Page 8 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of February 29, 2004
============================================================================================= GMACCM Interest Current Maturity Number Borrower Name Rate UPB Date ============================================================================================= 30115803 KNOX COLLEGE - DORM BONDS 1966 3.00 150,000.00 4-01-2006 30115901 LA GRANGE COLLEGE 3.00 195,000.00 3-01-2009 30116102 LANGSTON UNIVERSITY 3.00 525,000.00 4-01-2007 30116201 LASSEN JUNIOR COLLEGE 3.00 399,000.00 4-01-2020 30116601 LENOIR RHYNE COLLEGE 3.00 69,000.00 12-01-2006 30116801 LINFIELD COLLEGE - HALL BONDS 1968 3.00 67,000.00 10-01-2017 30116902 LONG ISLAND UNIVERSITY 3.75 249,999.99 5-01-2005 30116903 LONG ISLAND UNIVERSITY 3.00 132,863.23 11-01-2009 30116904 LONG ISLAND UNIVERSITY 3.00 464,435.94 11-01-2009 30117002 LONG ISLAND UNIVERSITY 3.63 425,000.00 6-01-2014 30117102 LONG ISLAND UNIVERSITY 3.75 21,000.00 10-01-2004 30117202 LOUISIANA STATE UNIV - BOND 1964B 3.63 166,000.00 7-01-2004 30117204 LA. STATE UNIV. 1965 BOND SER B 3.00 98,000.00 7-01-2005 30117205 LA. STATE UNIV. 1966 BOND SER C 3.00 115,000.00 7-01-2006 30117402 LYCOMING COLLEGE 3.63 189,000.00 5-01-2014 30117403 LYCOMING COLLEGE 3.75 264,999.99 5-01-2015 30117501 LYNCHBURG COLLEGE 3.75 398,000.00 5-01-2015 30117502 LYNCHBURG COLLEGE 3.00 540,000.00 5-01-2018 30117602 MACALESTER COLLEGE 3.00 376,553.11 5-01-2020 30117801 MARIAN COLLEGE OF FOND DU LAC 3.00 435,000.00 10-01-2016 30118302 MARY BALDWIN COLLEGE 3.38 303,000.00 5-01-2012 30118401 MARYMOUNT UNIVERSITY 3.00 510,000.00 5-01-2016 30118701 MCLENNAN COMMUNITY COLLEGE 3.00 340,000.00 4-01-2006 30119001 SLOAN-MEMORIAL KETTERING CANCER CENTER 3.38 734,000.00 4-01-2012 30119202 MERCER UNIV. ACCOUNTING OFFICE 3.00 363,182.06 5-01-2014 30119301 MERCY COLLEGE 3.63 1,100,000.00 10-01-2013 30119701 MIDLAND LUTHERAN COLLEGE 3.00 32,000.00 4-01-2005 30119801 MILLSAPS COLLEGE 3.00 496,000.00 11-01-2021 30119903 MISSISSIPPI STATE UNIVERSITY 3.00 1,290,000.00 12-01-2020 30120402 MORAVIAN COLLEGE 3.38 162,000.00 11-01-2012 30120501 MOREHOUSE COLLEGE 3.00 569,999.50 7-01-2010 30120601 MORGAN STATE UNIVERSTIY 3.00 1,726,972.58 11-01-2014 30120701 MORRIS BROWN COLLEGE 3.75 106,000.00 5-01-2007 30120704 MORRIS BROWN COLLEGE 3.75 41,000.00 5-01-2004 30120705 MORRIS BROWN COLLEGE 3.00 1,025,000.00 5-01-2018 30120706 MORRIS BROWN COLLEGE 3.00 270,000.00 5-01-2010 30120801 MORRIS COLLEGE 3.00 368,000.00 11-01-2009 30121101 NEW ENGLAND COLLEGE 3.00 127,000.00 4-01-2016 30121201 NEWARK BETH ISREAL MEDICAL CENTER 3.63 475,000.00 1-01-2014 30121301 NIACC DORMITORIES, INC. 3.00 49,618.73 10-01-2012 30121501 NORFOLK STATE UNIVERSITY 3.00 2,411,369.69 12-01-2021 30121801 NORTH CAROLINA STATE UNIVERSITY 3.63 105,000.00 9-01-2004 30122302 NORTHEASTERN UNIVERSITY 3.00 2,505,904.63 5-01-2018 30122303 NORTHEASTERN UNIVERSITY 3.00 13,129.36 5-01-2004 30122701 NOVA UNIVERSITY 3.00 180,000.00 12-01-2007 30122802 OCCIDENTAL COLLEGE 3.00 232,000.00 10-01-2019 30123001 OLYMPIC COMMUNITY COLLEGE 3.00 144,999.98 10-01-2008 30123103 OUACHITA BAPTIST UNIVERSITY 3.00 12,000.00 12-01-2006
Page 9 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of February 29, 2004
============================================================================================= GMACCM Interest Current Maturity Number Borrower Name Rate UPB Date ============================================================================================= 30123401 PAINE COLLEGE 3.00 742,999.99 10-01-2016 30123701 UNIVERSITY OF THE ARTS 3.00 2,044,351.10 1-01-2022 30124701 PURDUE UNIVERSITY 3.63 215,000.00 7-01-2004 30124702 PURDUE UNIVERSITY 3.00 78,000.00 7-01-2005 30124803 QUEENS COLLEGE 3.63 27,000.00 7-01-2004 30124901 RANDOLPH MACON COLLEGE 3.00 192,000.00 5-01-2010 30125102 REGIS COLLEGE 3.00 375,000.00 11-01-2012 30125401 RHODE ISLAND COLLEGE 3.00 69,999.99 10-01-2005 30125504 RIDER COLLEGE 3.63 1,350,000.00 11-01-2013 30125506 RIDER COLLEGE 3.00 362,000.00 5-01-2017 30125601 RIO GRANDE COLLEGE 3.00 55,916.83 3-30-2009 30126102 RUTGERS, THE STATE UNIVERSITY 3.75 555,000.00 5-01-2016 30127401 ST MARY'S JUNIORCOLLEGE 3.00 35,000.00 3-01-2005 30127402 ST MARY'S COLLEGE 3.00 351,000.00 6-01-2020 30127602 SAINT MICHAELS COLLEGE 3.00 1,426,353.44 5-01-2013 30127702 SAINT NORBERT COLLEGE 3.63 42,000.00 4-01-2004 30127703 SAINT NORBERT COLLEGE 3.00 191,000.00 4-01-2007 30127801 SAINT PAULS COLLEGE 3.00 377,296.99 11-01-2014 30128001 SAINT VINCENT COLLEGE 3.50 485,000.00 5-01-2013 30128301 CALIFORNIA STATE COLLEGES 3.00 365,000.00 11-01-2006 30128401 UNIVERSITY OF ILLINOIS 3.00 990,000.00 11-01-2018 30128602 SEATTLE UNIVERSITY - 1967 PHYS ED 3.00 282,000.00 11-01-2008 30128802 SETON HILL COLLEGE 3.63 257,000.00 11-01-2014 30129101 SIMPSON COLLEGE - BOND 1966 3.00 254,000.00 7-01-2016 30129402 SOUTHEAST MISSOURI STATE UNIV(ESCROW) 3.00 541,000.00 4-01-2007 30129802 SOUTHERN METHODIST UNIVERSITY 3.00 268,000.00 10-01-2007 30129901 BETHANY NAZARENE_UNIVERSITY 3.75 80,000.00 4-01-2005 30130301 SOUTHWEST TEXAS STATE UNIVERSITY 3.00 1,830,000.00 10-01-2015 30130502 SPALDING UNIVERSITY 3.00 156,000.00 9-01-2007 30130703 SPRINGFIELD COLLEGE 3.50 353,000.00 5-01-2013 30130704 SPRINGFIELD COLLEGE 3.00 21,633.55 5-15-2005 30130903 STEPHEN F AUSTIN STATE UNIVERSITY 3.38 1,397,000.00 10-01-2012 30131003 JOHN B. STETSON UNIVERSITY 3.00 58,000.00 1-01-2006 30131301 SUNY, MOHAWK VALLEY COMMUNITY 3.00 165,000.00 4-01-2005 30131702 TALLADEGA COLLEGE 3.00 294,895.00 12-01-2012 30132002 TAYLOR UNIVERSITY 3.00 197,000.00 10-01-2012 30132003 TAYLOR UNIVERSITY 3.00 611,000.00 10-01-2013 30132301 TEXAS A & I UNIV-BLDG SYS SER 1969A 3.00 411,000.00 7-01-2009 30132402 TEXAS SOUTHERN UNIVERSITY 3.50 380,000.00 4-01-2013 30132601 TRANSYLVANIA UNIVERSITY 3.00 302,000.00 11-01-2010 30132904 TUFTS UNIVERSITY 3.00 1,985,000.00 10-01-2021 30133201 UNIV STUDENT COOP HOUSING 3.00 1,325,000.00 4-01-2019 30133301 UNIVERSITY OF ALABAMA 3.00 1,050,000.00 11-01-2008 30133802 UNIV OF LITTLE ROCK ARKANSAS 3.00 103,000.00 11-01-2009 30134002 ARKANSAS STATE TEACHERS COLLEGE 3.00 228,000.00 4-01-2005 30134101 UNIVERSITY OF CENTRAL FLORIDA 3.00 255,000.00 10-01-2007 30134304 UNIVERSITY OF DELAWARE 3.00 500,000.00 11-01-2006 30134305 UNIVERSITY OF DELAWARE 3.00 549,000.00 12-01-2018
Page 10 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of February 29, 2004
============================================================================================= GMACCM Interest Current Maturity Number Borrower Name Rate UPB Date ============================================================================================= 30134402 UNIVERSITY OF FLORIDA / REV. CERTS.,84 3.00 1,725,000.00 7-01-2014 30134901 UNIVERSITY OF MICHIGAN 3.75 750,000.00 10-01-2005 30135601 UNIVERSITY OF NORTH CAROLINA 3.00 202,000.00 11-01-2005 30135701 UNIVERSITY OF NORTH CAROLINA 3.00 280,000.00 1-01-2008 30135702 UNIVERSITY OF NORTH CAROLINA 3.00 19,000.00 1-01-2007 30135801 UNIVERSITY OF NOTRE DAME 3.00 819,898.90 2-15-2019 30135903 UNIVERSITY OF PORTLAND 3.38 590,000.00 4-01-2013 30136002 UNIVERSITY OF PUERTO RICO 3.00 1,209,000.00 6-01-2011 30136601 UNIVERSITY OF SOUTH FLORIDA DORM 1965 3.75 280,000.00 7-01-2005 30136801 UNIVERSITY OF ST THOMAS 3.00 546,000.00 10-01-2019 30136901 UNIV OF STEUBENVILLE 3.13 224,000.00 4-01-2010 30137501 UTICA COLLEGE OF SYRACUSE 3.00 309,000.00 11-01-2009 30137701 VERMONT STATE COLLEGE 3.00 260,000.00 6-01-2008 30137702 VERMONT STATE COLLEGE 3.00 196,000.00 7-01-2014 30137802 VILLANOVA UNIVERSITY 3.00 985,000.00 4-01-2019 30137901 VINCENNES UNIVERSITY 3.00 3,310,000.00 6-01-2023 30138001 VIRGINIA COMMONWEALTH 3.00 1,771,999.99 6-01-2011 30138002 VIRGINA COMMONWEALTH UNIVERSITY 3.00 185,000.00 6-01-2004 30138101 VIRGINIA WESELAN COLLEGE 3.00 195,000.00 11-01-2009 30138102 VIRGINA ST WESELEYAN COLLEGE 3.00 128,000.00 11-01-2010 30138202 WALDORF COLLEGE 3.00 73,000.00 7-01-2005 30138302 WARTBURG COLLEGE ACCT#WART465CD 3.75 112,000.00 4-01-2011 30138402 WASHINGTON STATE UNIV. - 1965 SERIES-E 3.63 140,000.00 4-01-2004 30138403 WASHINGTON STATE UNIV.- 1965 SERIES-F 3.75 89,900.00 4-01-2004 30138702 WESLEY COLLEGE 3.38 166,000.00 5-01-2013 30138801 WEST KERN JR. COLLEGE DISTRICT 3.63 13,000.00 4-01-2004 30139001 WEST VALLEY COLLEGE 3.00 295,000.00 4-01-2009 30139503 WEST WASHINGTON STATE COLLEGE 3.63 110,000.00 10-01-2004 30139504 WESTERN WASHINGTON STATE COLLEGE 3.75 140,000.00 10-01-2005 30140003 WHEATON COLLEGE 3.50 635,000.00 4-01-2013 30140102 WHEELING COLLEGE 3.00 40,000.00 11-01-2007 30140201 WHEELOCH COLLEGE 3.00 16,881.44 5-01-2011 30140502 WITTENBERG UNIVERSITY 3.00 615,000.00 5-01-2015 30140503 WITTENBERG UNIVERSITY 3.00 193,000.00 11-01-2017 30140601 THE COLLEGE OF WOOSTER 3.00 26,586.60 3-30-2009 30141001 YORK HOSPITAL 3.00 307,000.00 5-01-2020 TOTALS: 110,921,407.55 ==============
Page 11 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of February 29, 2004
============================================================================================= GMACCM Interest Current Maturity Number Borrower Name Rate UPB Date =============================================================================================
Page 12 of 12 GMAC Commercial Mortgage College and University Loan Trust II Delinquency Report (60+ Days) As of February 29, 2004
=========================================================== Next GMACCM Loan Borrower Payment Number Name Due P and I Due =========================================================== 30106002 CISCO JUNIOR 7-01-2002 40,400.00 30112402 UNIVERSITY SY 1-01-2003 106,450.55 30123001 OLYMPIC COMMU 10-01-2003 19,999.98 TOTAL: 166,850.53 ==========
GMAC Commercial Mortgage College and University Loan Trust II Liquidation Report As of February 29, 2004 None to report for this period GMAC Commercial Mortgage College and University Loan Trust II Collection Account Activity Report For the Period of January 1, 2004 through January 31, 2004
Collections: Principal Payments 608,760.35 Interest Payments 86,785.31 ---------- Total Principal and Interest Collections 695,545.66 Payments and Reversals Posted to Suspense - ---------- Total Collections 695,545.66 Less: Servicing Fees (not withheld from remittances) (4,437.25) ---------- Net Collections 691,108.41 ==========
GMAC Commercial Mortgage College & Trust Facility Loan Trust II Service Fees Schedule For the Period of January 1, 2004 through January 31, 2004
=============================================================================================================== GMACCM Borrower Principal Interest Principal Service Date Due Number Name Due Due Total Due Balance Fees =============================================================================================================== 1-01-2004 30100102 ALABAMA AGRIC 0.00 2175.00 2175.00 145000.00 54.38 1-01-2004 30105403 CENTRAL MISSO 0.00 1703.75 1703.75 94000.00 35.25 1-01-2004 30105404 CENTRAL MISSO 0.00 7125.00 7125.00 475000.00 178.13 1-01-2004 30106002 CISCO JUNIOR 0.00 600.00 600.00 40000.00 15.00 1-01-2004 30106301 CLEMSON UNIVE 0.00 1575.00 1575.00 105000.00 39.38 1-01-2004 30107403 COLUMBIA COLL 0.00 797.50 797.50 44000.00 16.50 1-01-2004 30107404 COLUMBIA COLL 0.00 450.00 450.00 30000.00 11.25 1-01-2004 30111101 FLORIDA AGRIC 0.00 688.75 688.75 38000.00 14.25 1-01-2004 30111201 FLORIDA ATLAN 0.00 297.50 297.50 17000.00 6.38 1-01-2004 30111202 FLORIDA ATLAN 0.00 2175.00 2175.00 145000.00 54.38 1-01-2004 30111503 FLORIDA STATE 75000.00 6450.00 81450.00 430000.00 161.25 1-01-2004 30112002 GEORGE FOX CO 8760.35 4853.45 13613.80 647127.18 242.67 1-01-2004 30112402 UNIVERSITY SY 0.00 1737.94 1737.94 0.00 -- 1-01-2004 30112901 HAMPSHIRE COL 12559.69 4356.39 16916.08 290425.69 108.91 1-01-2004 30114802 INTER AMERICA 62997.44 29799.76 92797.20 1986650.57 744.99 1-01-2004 30117202 LOUISIANA STA 0.00 3008.75 3008.75 166000.00 62.25 1-01-2004 30117204 LOUISIANA STA 0.00 1470.00 1470.00 98000.00 36.75 1-01-2004 30117205 LOUISIANA STA 0.00 1725.00 1725.00 115000.00 43.13 1-31-2004 30118202 MARQUETTE UNI 1421.12 1234.73 2655.85 82315.23 30.87 1-01-2004 30120501 MOREHOUSE COL 0.00 8549.99 8549.99 569999.50 213.75 1-01-2004 30121201 NEWARK BETH I 40000.00 9334.38 49334.38 515000.00 193.13 1-01-2004 30123701 PHILADELPHIA 42603.88 31304.32 73908.20 2086954.98 782.61 1-01-2004 30124701 PURDUE UNIVER 0.00 3896.88 3896.88 215000.00 80.63 1-01-2004 30124702 PURDUE UNIVER 0.00 1170.00 1170.00 78000.00 29.25 1-01-2004 30124803 QUEENS COLLEG 0.00 489.38 489.38 27000.00 10.13 1-01-2004 30129101 SIMPSON COLLE 0.00 3810.00 3810.00 254000.00 95.25 1-01-2004 30131003 FIRST UNIONAT 25000.00 1245.00 26245.00 83000.00 31.13 1-01-2004 30132301 TEXAS A & I U 0.00 6165.00 6165.00 411000.00 154.13 1-01-2004 30134402 UNIVERSITY OF - 25,875.00 25,875.00 1,725,000.00 646.88 1-01-2004 30135701 UNIVERSITY OF 65,000.00 5,175.00 70,175.00 345,000.00 129.38 1-01-2004 30135702 UNIV N CAROLI 6,000.00 375.00 6,375.00 25,000.00 9.38 1-01-2004 30136601 UNIVERSITY OF - 5,250.00 5,250.00 280,000.00 105.00 1-01-2004 30137702 VERMONT STATE - 2,940.00 2,940.00 196,000.00 73.50 1-01-2004 30138202 WALDORF COLLE - 1,095.00 1,095.00 73,000.00 27.38 ------------------------------------------------------------------- TOTALS: 339,342.48 178,898.47 518,240.95 11,832,473.15 4,437.25 ==================================================================
Page 2 of 12 GMAC Commercial Mortgage College and University Loan Trust II Paid in full Schedule For the Period of January 1, 2004 through January 31, 2004
=========================================================================================================================== Loan Number Payoff Date Total Amount Paid Principal Amount Interest Amount Other Fees Maturity Date =========================================================================================================================== 30140801 4-01-21 389,000.00 389,000.00 3890.00 5-01-2009 ------------------------------------------------ TOTALS: 389,000.00 389,000.00 3,890.00 ================================================
GMAC Commercial Mortgage College and University Loan Trust I Summary of Partial Prepayments For the Period of January 1, 2004 through January 31, 2004
========================================================================================== Loan Number Payoff Date Total Amount Paid Principal Amount Interest Amount ========================================================================================== None to report for this period TOTAL: - - - ====================================================
GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of January 31, 2004
=========================================================================================================== GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date =========================================================================================================== 30100102 ALABAMA AGRICULTURAL 3.00 145,000.00 7-01-2005 30100103 ALABAMA AGRICULTURAL 3.00 1,550,000.00 5-01-2018 30100201 ALBION COLLEGE 3.00 74,640.00 10-01-2009 30100301 ALBRIGHT COLLEGE 3.00 408,000.00 11-01-2015 30101102 ANDERSON COLLEGE 3.00 105,000.00 3-01-2006 30101303 ARIZONA STATE UNIVERSITY 3.00 480,000.00 4-01-2006 30101601 AUBURN UNIVERSITY 3.00 1,745,000.00 12-01-2018 30101701 AZUSA PACIFIC UNIVERSITY 3.75 169,000.00 4-01-2015 30102301 BECKER JUNIOR COLLEGE 3.00 67,000.00 4-01-2005 30102401 BELLARMINE COLLEGE 3.63 9,999.97 5-01-2004 30102602 BENEDICT COLLEGE 3.75 22,000.00 11-01-2004 30102603 BENEDICT COLLEGE 3.00 332,000.00 11-01-2006 30102604 BENEDICT COLLEGE 3.00 1,532,000.00 11-01-2020 30102701 BENTLEY COLLEGE 3.00 830,000.00 11-01-2007 30102802 BETHANY COLLEGE - DORM BOND 1965 3.38 211,000.00 11-01-2012 30102803 BETHANY COLLEGE - HALL BOND 1967 3.00 230,000.00 11-01-2017 30102804 BETHANY COLLEGE - NOTE OF 1973 3.00 380,000.00 11-01-2012 30103001 BOSTON ARCHITECTURAL CENTER 3.75 18,000.00 11-01-2004 30103302 BRANDEIS UNIVERSITY 3.00 199,050.89 11-01-2011 30103901 CALIFORNIA STATE COLLEGES 3.00 485,000.00 11-01-2007 30104001 CALIFORNIA STATE UNIVERSITY, 3.00 140,000.00 11-01-2006 30104102 CALIFORNIA STATE UNIVERSITY, 3.00 905,000.00 11-01-2013 30104201 TRUST SERVICES DIVISION 3.00 2,178,000.00 11-01-2019 30104401 CAMERON UNIVERSITY 3.00 1,180,000.00 4-01-2007 30104502 CANISIUS COLLEGE CONST & CONSO BND 1967 3.00 1,275,000.00 11-01-2017 30104604 CARNEGIE MELLON 3.00 170,000.00 5-01-2009 30104605 CARNEGIE MELLON 3.00 820,000.00 11-01-2017 30104702 CARROLL COLLEGE 3.75 270,000.00 6-01-2014 30104703 CARROLL COLLEGE 3.00 134,248.27 6-01-2018 30104801 CARROLL COLLEGE - DORM BOND 1965 3.75 348,000.00 3-01-2015 30105101 CATAWBA COLLEGE 3.00 149,000.00 12-01-2009 30105403 CENTRAL MISSOURI STATE 3.63 94,000.00 7-01-2004 30105404 CENTRAL MISSOURI STATE 3.00 475,000.00 7-01-2007 30105701 CHAMPLAIN COLLEGE, INC. 3.00 115,904.48 12-01-2013 30105801 CHAPMAN COLLEGE 3.00 420,000.00 10-01-2013 30105802 CHAPMAN COLLEGE 3.00 107,000.00 11-01-2005 30105803 CHAPMAN COLLEGE 3.00 112,000.00 11-01-2007 30105901 CHATEAU COMM HOUSING ASSC 3.00 1,110,000.00 10-01-2012 30106002 CISCO JUNIOR COLLEGE 3.00 78,000.00 7-01-2005 30106301 CLEMSON UNIVERSITY - STUDENT FAC 1966 3.00 105,000.00 7-01-2005 30106401 COKER COLLEGE 3.00 84,999.99 12-01-2009 30106702 COLLEGE OF SAINT ROSE 3.00 788,394.88 5-01-2022 30106802 COLLEGE OF ST. THOMAS 3.00 324,000.00 11-01-2009 30106902 COLLEGE OF SANTA FE 3.00 64,000.00 10-01-2005 30106904 COLLEGE OF SANTA FE 3.00 491,000.00 10-01-2018 30107002 COLLEGE OF THE HOLY CROSS 3.63 750,000.00 10-01-2013 30107003 COLLEGE OF THE HOLY CROSS 3.00 325,000.00 10-01-2006 30107403 COLUMBIA COLLEGE 3.63 44,000.00 7-01-2004
Page 5 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of January 31, 2004
=========================================================================================================== GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date =========================================================================================================== 30107404 COLUMBIA COLLEGE 3.00 30,000.00 7-01-2006 30107601 CONCORDIA COLLEGE 3.00 81,000.00 4-01-2009 30107701 CONCORDIA COLLEGE 3.00 615,000.00 5-01-2019 30108101 CUMBERLAND COLLEGE 3.00 258,000.00 8-01-2017 30108202 DAEMEN COLLEGE(ROSARY HILL COLLEGE) 3.00 505,000.00 4-01-2016 30108301 DAKOTA WESLEYAN UNIVERSITY 3.00 145,000.00 10-01-2015 30108801 DILLARD UNIVERSITY 3.00 131,000.00 4-01-2008 30109301 DOWLING COLLEGE 3.00 404,000.00 10-01-2010 30109502 DREXEL UNIVERSITY 3.50 960,000.00 5-01-2014 30109604 DRURY COLLEGE 3.00 217,000.00 4-01-2015 30109605 DRURY COLLEGE 3.00 325,000.00 10-01-2010 30109801 DYOURVILLE COLLEGE 3.00 901,535.00 4-01-2018 30110101 ELIZABETH CITY STATE UNIVERSITY 3.00 310,000.00 10-01-2017 30110301 EMBRY RIDDLE AERONAUTICAL UNIV. 3.00 240,000.00 9-01-2007 30110401 EMMANUEL COLLEGE 3.00 121,000.00 11-01-2013 30110802 FAIRLEIGH DICKINSON UNIV 3.00 1,350,000.00 11-01-2017 30111101 FLORIDA A & M UNIVERSITY - DORM 64 3.63 38,000.00 7-01-2004 30111201 FLORIDA ATLANTIC UNIVERSITY 3.50 17,000.00 7-01-2004 30111202 FLORIDA ATLANTIC UNIVERSITY-SER A 3.00 145,000.00 7-01-2006 30111301 FLORIDA INSTITUTE OF TECHNOLOGY 3.00 116,000.00 11-01-2009 30111503 FLORIDA STATE UNIVERSITY - DORM 69 3.00 355,000.00 1-01-2009 30111603 FT HAYES STATE UNIVERSITY 3.00 80,000.00 10-01-2007 30111701 FT LEWIS COLLEGE 3.00 230,000.00 10-01-2006 30111802 GANNON UNIV. - DORM BOND 1969, SER A 3.00 489,999.98 11-01-2011 30111803 GANNON UNIVERSITY 3.00 175,658.07 12-01-2022 30111901 GAVILAN COLLEGE 3.00 35,000.00 4-01-2006 30112002 GEORGE FOX COLLEGE 3.00 638,366.83 7-01-2018 30112202 GEORGETOWN COLLEGE 3.00 269,000.00 12-01-2008 30112203 GEORGETOWN COLLEGE 3.00 520,000.00 12-01-2009 30112301 GEORGETOWN UNIVERSITY 3.00 2,399,000.00 11-01-2020 30112302 GEORGETOWN UNIVERSITY 4.00 6,205,000.00 11-01-2020 30112303 GEORGETOWN UNIVERSITY 3.00 311,508.31 5-01-2005 30112402 GEORGIA EDUCATION AUTHORITY 3.38 102,988.88 1-01-2003 30112901 HAMPSHIRE COLLEGE 3.00 277,866.00 7-01-2013 30112902 HAMPSHIRE COLLEGE 3.00 1,057,422.08 2-01-2014 30113101 HARPER GRACE HOSPITAL 3.63 235,000.00 4-01-2005 30113401 HESSTON COLLEGE 3.00 67,000.00 4-01-2006 30113501 HIGH POINT COLLEGE 3.00 210,000.00 12-01-2010 30113601 HINDS JUNIOR COLLEGE 3.00 1,449,000.00 4-01-2013 30113702 HIWASSEE COLLEGE 3.00 165,854.71 9-15-2018 30113801 HOFSTRA UNIVERSITY 3.00 1,454,785.56 11-01-2012 30114001 HOOD COLLEGE 3.63 221,000.00 11-01-2014 30114201 HUSTON-TILLOTSON COLLEGE - DORM 1964 3.50 305,000.00 4-01-2014 30114302 HUNTINGDON COLLEGE - DORM 1968 3.00 145,000.00 10-01-2008 30114801 INTER AMERICAN UNIVERSITY OF PUERTO RICO 3.00 55,000.00 9-01-2007 30114802 INTER-AMERICAN UNIV. OF PUERTO RICO 3.00 1,923,653.13 1-01-2017 30115001 JAMES MADISON UNIVERSITY 3.00 1,040,000.00 6-01-2009 30115502 KANSAS STATE UNIVERSITY 3.63 170,000.00 4-01-2004
Page 6 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of January 31, 2004
=========================================================================================================== GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date =========================================================================================================== 30115602 KENDALL COLLEGE 3.00 132,000.00 10-01-2008 30115803 KNOX COLLEGE - DORM BONDS 1966 3.00 150,000.00 4-01-2006 30115901 LA GRANGE COLLEGE 3.00 195,000.00 3-01-2009 30116102 LANGSTON UNIVERSITY 3.00 525,000.00 4-01-2007 30116201 LASSEN JUNIOR COLLEGE 3.00 399,000.00 4-01-2020 30116601 LENOIR RHYNE COLLEGE 3.00 69,000.00 12-01-2006 30116801 LINFIELD COLLEGE - HALL BONDS 1968 3.00 67,000.00 10-01-2017 30116902 LONG ISLAND UNIVERSITY 3.75 249,999.99 5-01-2005 30116903 LONG ISLAND UNIVERSITY 3.00 132,863.23 11-01-2009 30116904 LONG ISLAND UNIVERSITY 3.00 464,435.94 11-01-2009 30117002 LONG ISLAND UNIVERSITY 3.63 425,000.00 6-01-2014 30117102 LONG ISLAND UNIVERSITY 3.75 21,000.00 10-01-2004 30117202 LOUISIANA STATE UNIV - BOND 1964B 3.63 166,000.00 7-01-2004 30117204 LA. STATE UNIV. 1965 BOND SER B 3.00 98,000.00 7-01-2005 30117205 LA. STATE UNIV. 1966 BOND SER C 3.00 115,000.00 7-01-2006 30117402 LYCOMING COLLEGE 3.63 189,000.00 5-01-2014 30117403 LYCOMING COLLEGE 3.75 264,999.99 5-01-2015 30117501 LYNCHBURG COLLEGE 3.75 398,000.00 5-01-2015 30117502 LYNCHBURG COLLEGE 3.00 540,000.00 5-01-2018 30117602 MACALESTER COLLEGE 3.00 376,553.11 5-01-2020 30117801 MARIAN COLLEGE OF FOND DU LAC 3.00 435,000.00 10-01-2016 30118302 MARY BALDWIN COLLEGE 3.38 303,000.00 5-01-2012 30118401 MARYMOUNT UNIVERSITY 3.00 510,000.00 5-01-2016 30118701 MCLENNAN COMMUNITY COLLEGE 3.00 340,000.00 4-01-2006 30119001 SLOAN-MEMORIAL KETTERING CANCER CENTER 3.38 734,000.00 4-01-2012 30119202 MERCER UNIV. ACCOUNTING OFFICE 3.00 363,182.06 5-01-2014 30119301 MERCY COLLEGE 3.63 1,100,000.00 10-01-2013 30119701 MIDLAND LUTHERAN COLLEGE 3.00 32,000.00 4-01-2005 30119801 MILLSAPS COLLEGE 3.00 496,000.00 11-01-2021 30119903 MISSISSIPPI STATE UNIVERSITY 3.00 1,290,000.00 12-01-2020 30120402 MORAVIAN COLLEGE 3.38 162,000.00 11-01-2012 30120501 MOREHOUSE COLLEGE 3.00 569,999.50 7-01-2010 30120601 MORGAN STATE UNIVERSTIY 3.00 1,726,972.58 11-01-2014 30120701 MORRIS BROWN COLLEGE 3.75 106,000.00 5-01-2007 30120704 MORRIS BROWN COLLEGE 3.75 41,000.00 5-01-2004 30120705 MORRIS BROWN COLLEGE 3.00 1,025,000.00 5-01-2018 30120706 MORRIS BROWN COLLEGE 3.00 270,000.00 5-01-2010 30120801 MORRIS COLLEGE 3.00 368,000.00 11-01-2009 30121101 NEW ENGLAND COLLEGE 3.00 127,000.00 4-01-2016 30121201 NEWARK BETH ISREAL MEDICAL CENTER 3.63 475,000.00 1-01-2014 30121301 NIACC DORMITORIES, INC. 3.00 49,618.73 10-01-2012 30121501 NORFOLK STATE UNIVERSITY 3.00 2,411,369.69 12-01-2021 30121801 NORTH CAROLINA STATE UNIVERSITY 3.63 105,000.00 9-01-2004 30122302 NORTHEASTERN UNIVERSITY 3.00 2,505,904.63 5-01-2018 30122303 NORTHEASTERN UNIVERSITY 3.00 13,129.36 5-01-2004 30122701 NOVA UNIVERSITY 3.00 180,000.00 12-01-2007 30122802 OCCIDENTAL COLLEGE 3.00 232,000.00 10-01-2019 30123001 OLYMPIC COMMUNITY COLLEGE 3.00 144,999.98 10-01-2008
Page 7 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of January 31, 2004
=========================================================================================================== GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date =========================================================================================================== 30123103 OUACHITA BAPTIST UNIVERSITY 3.00 12,000.00 12-01-2006 30123103 OUACHITA BAPTIST UNIVERSITY 3.00 12,000.00 12-01-2006 30123401 PAINE COLLEGE 3.00 742,999.99 10-01-2016 30123701 UNIVERSITY OF THE ARTS 3.00 2,044,351.10 1-01-2022 30124701 PURDUE UNIVERSITY 3.63 215,000.00 7-01-2004 30124702 PURDUE UNIVERSITY 3.00 78,000.00 7-01-2005 30124803 QUEENS COLLEGE 3.63 27,000.00 7-01-2004 30124901 RANDOLPH MACON COLLEGE 3.00 192,000.00 5-01-2010 30125102 REGIS COLLEGE 3.00 375,000.00 11-01-2012 30125401 RHODE ISLAND COLLEGE 3.00 69,999.99 10-01-2005 30125504 RIDER COLLEGE 3.63 1,350,000.00 11-01-2013 30125506 RIDER COLLEGE 3.00 362,000.00 5-01-2017 30125601 RIO GRANDE COLLEGE 3.00 55,916.83 3-30-2009 30126102 RUTGERS, THE STATE UNIVERSITY 3.75 555,000.00 5-01-2016 30127401 ST MARY'S JUNIORCOLLEGE 3.00 35,000.00 3-01-2005 30127402 ST MARY'S COLLEGE 3.00 351,000.00 6-01-2020 30127602 SAINT MICHAELS COLLEGE 3.00 1,426,353.44 5-01-2013 30127702 SAINT NORBERT COLLEGE 3.63 42,000.00 4-01-2004 30127703 SAINT NORBERT COLLEGE 3.00 191,000.00 4-01-2007 30127801 SAINT PAULS COLLEGE 3.00 377,296.99 11-01-2014 30128001 SAINT VINCENT COLLEGE 3.50 485,000.00 5-01-2013 30128301 CALIFORNIA STATE COLLEGES 3.00 365,000.00 11-01-2006 30128401 UNIVERSITY OF ILLINOIS 3.00 990,000.00 11-01-2018 30128602 SEATTLE UNIVERSITY - 1967 PHYS ED 3.00 282,000.00 11-01-2008 30128802 SETON HILL COLLEGE 3.63 257,000.00 11-01-2014 30129101 SIMPSON COLLEGE - BOND 1966 3.00 254,000.00 7-01-2016 30129402 SOUTHEAST MISSOURI STATE UNIV(ESCROW) 3.00 541,000.00 4-01-2007 30129802 SOUTHERN METHODIST UNIVERSITY 3.00 268,000.00 10-01-2007 30129901 BETHANY NAZARENE_UNIVERSITY 3.75 80,000.00 4-01-2005 30130301 SOUTHWEST TEXAS STATE UNIVERSITY 3.00 1,830,000.00 10-01-2015 30130502 SPALDING UNIVERSITY 3.00 156,000.00 9-01-2007 30130703 SPRINGFIELD COLLEGE 3.50 353,000.00 5-01-2013 30130704 SPRINGFIELD COLLEGE 3.00 21,633.55 5-15-2005 30130903 STEPHEN F AUSTIN STATE UNIVERSITY 3.38 1,397,000.00 10-01-2012 30131003 JOHN B. STETSON UNIVERSITY 3.00 58,000.00 1-01-2006 30131101 STILLMAN COLLEGE 3.75 28,000.00 2-01-2004 30131301 SUNY, MOHAWK VALLEY COMMUNITY 3.00 165,000.00 4-01-2005 30131702 TALLADEGA COLLEGE 3.00 294,895.00 12-01-2012 30132002 TAYLOR UNIVERSITY 3.00 197,000.00 10-01-2012 30132003 TAYLOR UNIVERSITY 3.00 611,000.00 10-01-2013 30132301 TEXAS A & I UNIV-BLDG SYS SER 1969A 3.00 411,000.00 7-01-2009 30132402 TEXAS SOUTHERN UNIVERSITY 3.50 380,000.00 4-01-2013 30132601 TRANSYLVANIA UNIVERSITY 3.00 302,000.00 11-01-2010 30132904 TUFTS UNIVERSITY 3.00 1,985,000.00 10-01-2021 30133201 UNIV STUDENT COOP HOUSING 3.00 1,325,000.00 4-01-2019 30133301 UNIVERSITY OF ALABAMA 3.00 1,050,000.00 11-01-2008 30133802 UNIV OF LITTLE ROCK ARKANSAS 3.00 103,000.00 11-01-2009 30134002 ARKANSAS STATE TEACHERS COLLEGE 3.00 228,000.00 4-01-2005 30134101 UNIVERSITY OF CENTRAL FLORIDA 3.00 255,000.00 10-01-2007
Page 8 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of January 31, 2004
=========================================================================================================== GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date =========================================================================================================== 30134304 UNIVERSITY OF DELAWARE 3.00 500,000.00 11-01-2006 30134305 UNIVERSITY OF DELAWARE 3.00 549,000.00 12-01-2018 30134402 UNIVERSITY OF FLORIDA / REV. CERTS.,84 3.00 1,725,000.00 7-01-2014 30134901 UNIVERSITY OF MICHIGAN 3.75 750,000.00 10-01-2005 30135601 UNIVERSITY OF NORTH CAROLINA 3.00 202,000.00 11-01-2005 30135701 UNIVERSITY OF NORTH CAROLINA 3.00 280,000.00 1-01-2008 30135702 UNIVERSITY OF NORTH CAROLINA 3.00 19,000.00 1-01-2007 30135801 UNIVERSITY OF NOTRE DAME 3.00 841,942.76 2-15-2019 30135903 UNIVERSITY OF PORTLAND 3.38 590,000.00 4-01-2013 30136002 UNIVERSITY OF PUERTO RICO 3.00 1,209,000.00 6-01-2011 30136601 UNIVERSITY OF SOUTH FLORIDA DORM 1965 3.75 280,000.00 7-01-2005 30136801 UNIVERSITY OF ST THOMAS 3.00 546,000.00 10-01-2019 30136901 UNIV OF STEUBENVILLE 3.13 224,000.00 4-01-2010 30137501 UTICA COLLEGE OF SYRACUSE 3.00 309,000.00 11-01-2009 30137701 VERMONT STATE COLLEGE 3.00 260,000.00 6-01-2008 30137702 VERMONT STATE COLLEGE 3.00 196,000.00 7-01-2014 30137802 VILLANOVA UNIVERSITY 3.00 985,000.00 4-01-2019 30137901 VINCENNES UNIVERSITY 3.00 3,310,000.00 6-01-2023 30138001 VIRGINIA COMMONWEALTH 3.00 1,771,999.99 6-01-2011 30138002 VIRGINA COMMONWEALTH UNIVERSITY 3.00 185,000.00 6-01-2004 30138101 VIRGINIA WESELAN COLLEGE 3.00 195,000.00 11-01-2009 30138102 VIRGINA ST WESELEYAN COLLEGE 3.00 128,000.00 11-01-2010 30138202 WALDORF COLLEGE 3.00 73,000.00 7-01-2005 30138302 WARTBURG COLLEGE ACCT#WART465CD 3.75 112,000.00 4-01-2011 30138402 WASHINGTON STATE UNIV. - 1965 SERIES-E 3.63 140,000.00 4-01-2004 30138403 WASHINGTON STATE UNIV.- 1965 SERIES-F 3.75 89,900.00 4-01-2004 30138702 WESLEY COLLEGE 3.38 166,000.00 5-01-2013 30138801 WEST KERN JR. COLLEGE DISTRICT 3.63 13,000.00 4-01-2004 30139001 WEST VALLEY COLLEGE 3.00 295,000.00 4-01-2009 30139503 WEST WASHINGTON STATE COLLEGE 3.63 110,000.00 10-01-2004 30139504 WESTERN WASHINGTON STATE COLLEGE 3.75 140,000.00 10-01-2005 30140003 WHEATON COLLEGE 3.50 635,000.00 4-01-2013 30140102 WHEELING COLLEGE 3.00 40,000.00 11-01-2007 30140201 WHEELOCH COLLEGE 3.00 16,881.44 5-01-2011 30140502 WITTENBERG UNIVERSITY 3.00 615,000.00 5-01-2015 30140503 WITTENBERG UNIVERSITY 3.00 193,000.00 11-01-2017 30140601 THE COLLEGE OF WOOSTER 3.00 26,586.60 3-30-2009 30141001 YORK HOSPITAL 3.00 307,000.00 5-01-2020 -------------- TOTALS: 111,844,663.50 ==============
Page 9 of 12 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of January 31, 2004
=========================================================================================================== GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date ===========================================================================================================
Page 10 of 12 College and University Loan Trust II Delinquency Report (60+ Days) As of January 31, 2004
================================================================================ GMACCM Loan Number Borrower Name Next Payment Due P and I Due Current UPB ================================================================================ 30106002 CISCO JUNIOR 7-01-2002 39,800.00 78,000.00 30112402 UNIVERSITY SY 1-01-2003 106,451.25 102,988.88 30123001 OLYMPIC COMMU 10-01-2003 19,999.98 144,999.98 TOTAL: 166,251.23 ==========
GMAC Commercial Mortgage College and University Loan Trust II Liquidation Report As of January 31, 2004 None to report for this period GMAC Commercial Mortgage College and University Loan Trust II Collection Account Activity Report For the Period of December 1, 2003 through December 31, 2003
Collections: Principal Payments 1,169,886.57 ------------- Interest Payments 422,428.01 ------------- - Total Principal and Interest Collections 1,592,314.58 Payments and Reversals Posted to Suspense (1,905.00) ------------- Total Collections 1,590,409.58 Less: Servicing Fees (not withheld from remittances) (6,653.05) ------------- Net Collections 1,583,756.53 =============
GMAC Commercial Mortgage College & Trust Facility Loan Trust II Service Fees Schedule For the Period of December 1, 2003 through December 31, 2003
====================================================================================================== GMACCM Borrower Principal Interest Principal Service Date Due Number Name Due Due Total Due Balance Fees ====================================================================================================== 12-01-2003 30101601 AUBURN UNIVER 90000.00 27525.00 117525.00 1835000.00 688.13 12-01-2003 30104702 CARROLL COLLE 0.00 5062.50 5062.50 270000.00 101.25 12-01-2003 30104703 CARROLL COLLE 3674.15 2068.84 5742.99 137922.42 51.72 12-01-2003 30105101 CATAWBA COLLE 12000.00 2415.00 14415.00 161000.00 60.38 12-01-2003 30105701 CHAMPLAIN COL 4938.29 1812.64 6750.93 120842.77 45.32 12-01-2003 30106401 COKER COLLEGE 13000.00 1470.00 14470.00 97999.99 36.75 12-01-2003 30111803 GANNON UNIVER 3412.13 2686.05 6098.18 179070.20 67.15 12-01-2003 30112202 GEORGETOWN CO 50000.00 4785.00 54785.00 319000.00 119.63 12-01-2003 30112203 GEORGETOWN CO 80000.00 9000.00 89000.00 600000.00 225.00 12-01-2003 30113501 HIGH POINT CO 14000.00 3360.00 17360.00 224000.00 84.00 12-01-2003 30114706 INDIANA UNIVE 108000.00 2025.00 110025.00 216000.00 81.00 12-01-2003 30115001 JAMES MADISON 0.00 15600.00 15600.00 1040000.00 390.00 12-01-2003 30116601 LENOIR RHYNE 25000.00 1410.00 26410.00 94000.00 35.25 12-01-2003 30117002 LONG ISLAND U 0.00 7703.13 7703.13 425000.00 159.38 12-01-2003 30119903 MISSISSIPPI S 60000.00 20250.00 80250.00 1350000.00 506.25 12-01-2003 30121501 NORFOLK STATE 50252.45 36924.33 87176.78 2461622.14 923.11 12-01-2003 30122701 NOVA UNIVERSI 45000.00 3375.00 48375.00 225000.00 84.38 12-01-2003 30123103 OUACHITA BAPT 4000.00 240.00 4240.00 16000.00 6.00 12-01-2003 30127402 ST MARY'S COL 9000.00 5400.00 14400.00 360000.00 135.00 12-01-2003 30131702 TALLADEGA COL 14000.00 4575.00 18575.00 308895.00 115.84 12-01-2003 30134305 UNIVERSITY OF 15000.00 8460.00 23460.00 564000.00 211.50 12-01-2003 30136002 UNIVERSITY OF 0.00 18135.00 18135.00 1209000.00 453.38 12-01-2003 30137701 VERMONT STATE 0.00 3900.00 3900.00 260000.00 97.50 12-01-2003 30137901 VINCENNES UNI 0.00 49650.00 49650.00 3310000.00 1,241.25 12-01-2003 30138001 VIRGINIA COMM 0.00 26580.00 26580.00 1771999.99 664.50 12-01-2003 30138002 COMMONWEALTH 0.00 2775.00 2775.00 185000.00 69.38 --------------------------------------------------------------- TOTALS: 601,277.02 267,187.49 868,464.51 17,741,352.51 6,653.05 ===============================================================
GMAC Commercial Mortgage College and University Loan Trust II Paid in full Schedule For the Period of December 1, 2003 through December 31, 2003
T======================================================================================= Total Loan Payoff Amount Principal Interest Number Date Paid Amount Amount Other Fees Maturity Date - --------------------------------------------------------------------------------------- 30114706 12-01-03 110025.00 108000.00 2025.00 12-01-2003 30129202 12-31-03 334950.00 330000.00 4950.00 4-01-2018 30130801 12-08-03 35525.00 35000.00 525.00 10-01-2004 ----------------------------------- TOTALS: 480,500.00 473,000.00 7,500.00 ===================================
GMAC Commercial Mortgage College and University Loan Trust I Summary of Partial Prepayments For the Period of Decmber 1, 2003 through December 31, 2003
========================================================================================== Loan Number Payoff Date Total Amount Paid Principal Amount Interest Amount ========================================================================================== None to report for this period TOTAL: - - - ===========================================================
GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of December 31, 2003
============================================================================================================= GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date ============================================================================================================= 30100102 ALABAMA AGRICULTURAL 3.00 145,000.00 7-01-2005 30100103 ALABAMA AGRICULTURAL 3.00 1,550,000.00 5-01-2018 30100201 ALBION COLLEGE 3.00 74,640.00 10-01-2009 30100301 ALBRIGHT COLLEGE 3.00 408,000.00 11-01-2015 30101102 ANDERSON COLLEGE 3.00 105,000.00 3-01-2006 30101303 ARIZONA STATE UNIVERSITY 3.00 480,000.00 4-01-2006 30101601 AUBURN UNIVERSITY 3.00 1,745,000.00 12-01-2018 30101701 AZUSA PACIFIC UNIVERSITY 3.75 169,000.00 4-01-2015 30102301 BECKER JUNIOR COLLEGE 3.00 67,000.00 4-01-2005 30102401 BELLARMINE COLLEGE 3.63 9,999.97 5-01-2004 30102602 BENEDICT COLLEGE 3.75 22,000.00 11-01-2004 30102603 BENEDICT COLLEGE 3.00 332,000.00 11-01-2006 30102604 BENEDICT COLLEGE 3.00 1,532,000.00 11-01-2020 30102701 BENTLEY COLLEGE 3.00 830,000.00 11-01-2007 30102802 BETHANY COLLEGE - DORM BOND 1965 3.38 211,000.00 11-01-2012 30102803 BETHANY COLLEGE - HALL BOND 1967 3.00 230,000.00 11-01-2017 30102804 BETHANY COLLEGE - NOTE OF 1973 3.00 380,000.00 11-01-2012 30103001 BOSTON ARCHITECTURAL CENTER 3.75 18,000.00 11-01-2004 30103302 BRANDEIS UNIVERSITY 3.00 199,050.89 11-01-2011 30103901 CALIFORNIA STATE COLLEGES 3.00 485,000.00 11-01-2007 30104001 CALIFORNIA STATE UNIVERSITY, 3.00 140,000.00 11-01-2006 30104102 CALIFORNIA STATE UNIVERSITY, 3.00 905,000.00 11-01-2013 30104201 TRUST SERVICES DIVISION 3.00 2,178,000.00 11-01-2019 30104401 CAMERON UNIVERSITY 3.00 1,180,000.00 4-01-2007 30104502 CANISIUS COLLEGE CONST & CONSO BND 1967 3.00 1,275,000.00 11-01-2017 30104604 CARNEGIE MELLON 3.00 170,000.00 5-01-2009 30104605 CARNEGIE MELLON 3.00 820,000.00 11-01-2017 30104702 CARROLL COLLEGE 3.75 270,000.00 6-01-2014 30104703 CARROLL COLLEGE 3.00 134,248.27 6-01-2018 30104801 CARROLL COLLEGE - DORM BOND 1965 3.75 348,000.00 3-01-2015 30105101 CATAWBA COLLEGE 3.00 149,000.00 12-01-2009 30105403 CENTRAL MISSOURI STATE 3.63 94,000.00 7-01-2004 30105404 030105403ISSOURI STATE 3.00 475,000.00 7-01-2007 30105701 CHAMPLAIN COLLEGE, INC. 3.00 115,904.48 12-01-2013 30105801 CHAPMAN COLLEGE 3.00 420,000.00 10-01-2013 30105802 CHAPMAN COLLEGE 3.00 107,000.00 11-01-2005 30105803 CHAPMAN COLLEGE 3.00 112,000.00 11-01-2007 30105901 CHATEAU COMM HOUSING ASSC 3.00 1,110,000.00 10-01-2012 30106002 CISCO JUNIOR COLLEGE 3.00 78,000.00 7-01-2005 30106301 CLEMSON UNIVERSITY - STUDENT FAC 1966 3.00 105,000.00 7-01-2005 30106401 COKER COLLEGE 3.00 84,999.99 12-01-2009 30106702 COLLEGE OF SAINT ROSE 3.00 788,394.88 5-01-2022 30106802 COLLEGE OF ST. THOMAS 3.00 324,000.00 11-01-2009 30106902 COLLEGE OF SANTA FE 3.00 64,000.00 10-01-2005 30106904 COLLEGE OF SANTA FE 3.00 491,000.00 10-01-2018 30107002 COLLEGE OF THE HOLY CROSS 3.63 750,000.00 10-01-2013 30107003 COLLEGE OF THE HOLY CROSS 3.00 325,000.00 10-01-2006 30107403 COLUMBIA COLLEGE 3.63 44,000.00 7-01-2004 30107404 COLUMBIA COLLEGE 3.00 30,000.00 7-01-2006
Page 1 of 5 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of December 31, 2003
============================================================================================================= GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date ============================================================================================================= 30107601 CONCORDIA COLLEGE 3.00 81,000.00 4-01-2009 30107701 CONCORDIA COLLEGE 3.00 615,000.00 5-01-2019 30108101 CUMBERLAND COLLEGE 3.00 258,000.00 8-01-2017 30108202 DAEMEN COLLEGE(ROSARY HILL COLLEGE) 3.00 505,000.00 4-01-2016 30108301 DAKOTA WESLEYAN UNIVERSITY 3.00 145,000.00 10-01-2015 30108801 DILLARD UNIVERSITY 3.00 131,000.00 4-01-2008 30109301 DOWLING COLLEGE 3.00 404,000.00 10-01-2010 30109502 DREXEL UNIVERSITY 3.50 960,000.00 5-01-2014 30109604 DRURY COLLEGE 3.00 217,000.00 4-01-2015 30109605 DRURY COLLEGE 3.00 325,000.00 10-01-2010 30109801 DYOURVILLE COLLEGE 3.00 901,535.00 4-01-2018 30110101 ELIZABETH CITY STATE UNIVERSITY 3.00 310,000.00 10-01-2017 30110301 EMBRY RIDDLE AERONAUTICAL UNIV. 3.00 240,000.00 9-01-2007 30110401 EMMANUEL COLLEGE 3.00 121,000.00 11-01-2013 30110802 FAIRLEIGH DICKINSON UNIV 3.00 1,350,000.00 11-01-2017 30111101 FLORIDA A & M UNIVERSITY - DORM 64 3.63 38,000.00 7-01-2004 30111201 FLORIDA ATLANTIC UNIVERSITY 3.50 17,000.00 7-01-2004 30111202 FLORIDA ATLANTIC UNIVERSITY-SER A 3.00 145,000.00 7-01-2006 30111301 FLORIDA INSTITUTE OF TECHNOLOGY 3.00 116,000.00 11-01-2009 30111503 FLORIDA STATE UNIVERSITY - DORM 69 3.00 430,000.00 1-01-2009 30111603 FT HAYES STATE UNIVERSITY 3.00 80,000.00 10-01-2007 30111701 FT LEWIS COLLEGE 3.00 230,000.00 10-01-2006 30111802 GANNON UNIV. - DORM BOND 1969, SER A 3.00 489,999.98 11-01-2011 30111803 GANNON UNIVERSITY 3.00 175,658.07 12-01-2022 30111901 GAVILAN COLLEGE 3.00 35,000.00 4-01-2006 30112002 GEORGE FOX COLLEGE 3.00 647,127.18 7-01-2018 30112202 GEORGETOWN COLLEGE 3.00 269,000.00 12-01-2008 30112203 GEORGETOWN COLLEGE 3.00 520,000.00 12-01-2009 30112301 GEORGETOWN UNIVERSITY 3.00 2,399,000.00 11-01-2020 30112302 GEORGETOWN UNIVERSITY 4.00 6,205,000.00 11-01-2020 30112303 GEORGETOWN UNIVERSITY 3.00 311,508.31 5-01-2005 30112402 GEORGIA EDUCATION AUTHORITY 3.38 102,988.88 1-01-2003 30112901 HAMPSHIRE COLLEGE 3.00 277,866.00 7-01-2013 30112902 HAMPSHIRE COLLEGE 3.00 1,057,422.08 2-01-2014 30113101 HARPER GRACE HOSPITAL 3.63 235,000.00 4-01-2005 30113401 HESSTON COLLEGE 3.00 67,000.00 4-01-2006 30113501 HIGH POINT COLLEGE 3.00 210,000.00 12-01-2010 30113601 HINDS JUNIOR COLLEGE 3.00 1,449,000.00 4-01-2013 30113702 HIWASSEE COLLEGE 3.00 165,854.71 9-15-2018 30113801 HOFSTRA UNIVERSITY 3.00 1,454,785.56 11-01-2012 30114001 HOOD COLLEGE 3.63 221,000.00 11-01-2014 30114201 HUSTON-TILLOTSON COLLEGE - DORM 1964 3.50 305,000.00 4-01-2014 30114302 HUNTINGDON COLLEGE - DORM 1968 3.00 145,000.00 10-01-2008 30114801 INTER AMERICAN UNIVERSITY OF PUERTO RICO 3.00 55,000.00 9-01-2007 30114802 INTER-AMERICAN UNIV. OF PUERTO RICO 3.00 1,923,653.13 1-01-2017 30115001 JAMES MADISON UNIVERSITY 3.00 1,040,000.00 6-01-2009 30115502 KANSAS STATE UNIVERSITY 3.63 170,000.00 4-01-2004 30115602 KENDALL COLLEGE 3.00 132,000.00 10-01-2008 30115803 KNOX COLLEGE - DORM BONDS 1966 3.00 150,000.00 4-01-2006
Page 2 of 5 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of December 31, 2003
============================================================================================================= GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date ============================================================================================================= 30115901 LA GRANGE COLLEGE 3.00 195,000.00 3-01-2009 30116102 LANGSTON UNIVERSITY 3.00 525,000.00 4-01-2007 30116201 LASSEN JUNIOR COLLEGE 3.00 399,000.00 4-01-2020 30116601 LENOIR RHYNE COLLEGE 3.00 69,000.00 12-01-2006 30116801 LINFIELD COLLEGE - HALL BONDS 1968 3.00 67,000.00 10-01-2017 30116902 LONG ISLAND UNIVERSITY 3.75 249,999.99 5-01-2005 30116903 LONG ISLAND UNIVERSITY 3.00 132,863.23 11-01-2009 30116904 LONG ISLAND UNIVERSITY 3.00 464,435.94 11-01-2009 30117002 LONG ISLAND UNIVERSITY 3.63 425,000.00 6-01-2014 30117102 LONG ISLAND UNIVERSITY 3.75 21,000.00 10-01-2004 30117202 LOUISIANA STATE UNIV - BOND 1964B 3.63 166,000.00 7-01-2004 30117204 LA. STATE UNIV. 1965 BOND SER B 3.00 98,000.00 7-01-2005 30117205 LA. STATE UNIV. 1966 BOND SER C 3.00 115,000.00 7-01-2006 30117402 LYCOMING COLLEGE 3.63 189,000.00 5-01-2014 30117403 LYCOMING COLLEGE 3.75 264,999.99 5-01-2015 30117501 LYNCHBURG COLLEGE 3.75 398,000.00 5-01-2015 30117502 LYNCHBURG COLLEGE 3.00 540,000.00 5-01-2018 30117602 MACALESTER COLLEGE 3.00 376,553.11 5-01-2020 30117801 MARIAN COLLEGE OF FOND DU LAC 3.00 435,000.00 10-01-2016 30118302 MARY BALDWIN COLLEGE 3.38 303,000.00 5-01-2012 30118401 MARYMOUNT UNIVERSITY 3.00 510,000.00 5-01-2016 30118701 MCLENNAN COMMUNITY COLLEGE 3.00 340,000.00 4-01-2006 30119001 SLOAN-MEMORIAL KETTERING CANCER CENTER 3.38 734,000.00 4-01-2012 30119202 MERCER UNIV. ACCOUNTING OFFICE 3.00 363,182.06 5-01-2014 30119301 MERCY COLLEGE 3.63 1,100,000.00 10-01-2013 30119701 MIDLAND LUTHERAN COLLEGE 3.00 32,000.00 4-01-2005 30119801 MILLSAPS COLLEGE 3.00 496,000.00 11-01-2021 30119903 MISSISSIPPI STATE UNIVERSITY 3.00 1,290,000.00 12-01-2020 30120402 MORAVIAN COLLEGE 3.38 162,000.00 11-01-2012 30120501 MOREHOUSE COLLEGE 3.00 569,999.50 7-01-2010 30120601 MORGAN STATE UNIVERSTIY 3.00 1,726,972.58 11-01-2014 30120701 MORRIS BROWN COLLEGE 3.75 106,000.00 5-01-2007 30120704 MORRIS BROWN COLLEGE 3.75 41,000.00 5-01-2004 30120705 MORRIS BROWN COLLEGE 3.00 1,025,000.00 5-01-2018 30120706 MORRIS BROWN COLLEGE 3.00 270,000.00 5-01-2010 30120801 MORRIS COLLEGE 3.00 368,000.00 11-01-2009 30121101 NEW ENGLAND COLLEGE 3.00 127,000.00 4-01-2016 30121201 NEWARK BETH ISREAL MEDICAL CENTER 3.63 515,000.00 1-01-2014 30121301 NIACC DORMITORIES, INC. 3.00 49,618.73 10-01-2012 30121501 NORFOLK STATE UNIVERSITY 3.00 2,411,369.69 12-01-2021 30121801 NORTH CAROLINA STATE UNIVERSITY 3.63 105,000.00 9-01-2004 30122302 NORTHEASTERN UNIVERSITY 3.00 2,505,904.63 5-01-2018 30122303 NORTHEASTERN UNIVERSITY 3.00 13,129.36 5-01-2004 30122701 NOVA UNIVERSITY 3.00 180,000.00 12-01-2007 30122802 OCCIDENTAL COLLEGE 3.00 232,000.00 10-01-2019 30123001 OLYMPIC COMMUNITY COLLEGE 3.00 144,999.98 10-01-2008 30123103 OUACHITA BAPTIST UNIVERSITY 3.00 12,000.00 12-01-2006 30123401 PAINE COLLEGE 3.00 742,999.99 10-01-2016
Page 3 of 5 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of December 31, 2003
============================================================================================================= GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date ============================================================================================================= 30123701 UNIVERSITY OF THE ARTS 3.00 2,044,351.10 1-01-2022 30124701 PURDUE UNIVERSITY 3.63 215,000.00 7-01-2004 30124702 PURDUE UNIVERSITY 3.00 78,000.00 7-01-2005 30124803 QUEENS COLLEGE 3.63 27,000.00 7-01-2004 30124901 RANDOLPH MACON COLLEGE 3.00 192,000.00 5-01-2010 30125102 REGIS COLLEGE 3.00 375,000.00 11-01-2012 30125401 RHODE ISLAND COLLEGE 3.00 69,999.99 10-01-2005 30125504 RIDER COLLEGE 3.63 1,350,000.00 11-01-2013 30125506 RIDER COLLEGE 3.00 362,000.00 5-01-2017 30125601 RIO GRANDE COLLEGE 3.00 55,916.83 3-30-2009 30126102 RUTGERS, THE STATE UNIVERSITY 3.75 555,000.00 5-01-2016 30127401 ST MARY'S JUNIORCOLLEGE 3.00 35,000.00 3-01-2005 30127402 ST MARY'S COLLEGE 3.00 351,000.00 6-01-2020 30127602 SAINT MICHAELS COLLEGE 3.00 1,426,353.44 5-01-2013 30127702 SAINT NORBERT COLLEGE 3.63 42,000.00 4-01-2004 30127703 SAINT NORBERT COLLEGE 3.00 191,000.00 4-01-2007 30127801 SAINT PAULS COLLEGE 3.00 377,296.99 11-01-2014 30128001 SAINT VINCENT COLLEGE 3.50 485,000.00 5-01-2013 30128301 CALIFORNIA STATE COLLEGES 3.00 365,000.00 11-01-2006 30128401 UNIVERSITY OF ILLINOIS 3.00 990,000.00 11-01-2018 30128602 SEATTLE UNIVERSITY - 1967 PHYS ED 3.00 282,000.00 11-01-2008 30128802 SETON HILL COLLEGE 3.63 257,000.00 11-01-2014 30129101 SIMPSON COLLEGE - BOND 1966 3.00 254,000.00 7-01-2016 30129402 SOUTHEAST MISSOURI STATE UNIV(ESCROW) 3.00 541,000.00 4-01-2007 30129802 SOUTHERN METHODIST UNIVERSITY 3.00 268,000.00 10-01-2007 30129901 BETHANY NAZARENE_UNIVERSITY 3.75 80,000.00 4-01-2005 30130301 SOUTHWEST TEXAS STATE UNIVERSITY 3.00 1,830,000.00 10-01-2015 30130502 SPALDING UNIVERSITY 3.00 156,000.00 9-01-2007 30130703 SPRINGFIELD COLLEGE 3.50 353,000.00 5-01-2013 30130704 SPRINGFIELD COLLEGE 3.00 21,633.55 5-15-2005 30130903 STEPHEN F AUSTIN STATE UNIVERSITY 3.38 1,397,000.00 10-01-2012 30131003 JOHN B. STETSON UNIVERSITY 3.00 83,000.00 1-01-2006 30131101 STILLMAN COLLEGE 3.75 28,000.00 2-01-2004 30131301 SUNY, MOHAWK VALLEY COMMUNITY 3.00 165,000.00 4-01-2005 30131702 TALLADEGA COLLEGE 3.00 294,895.00 12-01-2012 30132002 TAYLOR UNIVERSITY 3.00 197,000.00 10-01-2012 30132003 TAYLOR UNIVERSITY 3.00 611,000.00 10-01-2013 30132301 TEXAS A & I UNIV-BLDG SYS SER 1969A 3.00 411,000.00 7-01-2009 30132402 TEXAS SOUTHERN UNIVERSITY 3.50 380,000.00 4-01-2013 30132601 TRANSYLVANIA UNIVERSITY 3.00 302,000.00 11-01-2010 30132904 TUFTS UNIVERSITY 3.00 1,985,000.00 10-01-2021 30133201 UNIV STUDENT COOP HOUSING 3.00 1,325,000.00 4-01-2019 30133301 UNIVERSITY OF ALABAMA 3.00 1,050,000.00 11-01-2008 30133802 UNIV OF LITTLE ROCK ARKANSAS 3.00 103,000.00 11-01-2009 30134002 ARKANSAS STATE TEACHERS COLLEGE 3.00 228,000.00 4-01-2005 30134101 UNIVERSITY OF CENTRAL FLORIDA 3.00 255,000.00 10-01-2007 30134304 UNIVERSITY OF DELAWARE 3.00 500,000.00 11-01-2006 30134305 UNIVERSITY OF DELAWARE 3.00 549,000.00 12-01-2018 30134402 UNIVERSITY OF FLORIDA / REV. CERTS.,84 3.00 1,725,000.00 7-01-2014 30134901 UNIVERSITY OF MICHIGAN 3.75 750,000.00 10-01-2005
Page 4 of 5 GMAC Commercial Mortgage College and University Loan Trust II Trial Balance As of December 31, 2003
============================================================================================================= GMACCM Number Borrower Name Interest Rate Current UPB Maturity Date ============================================================================================================= 30135601 UNIVERSITY OF NORTH CAROLINA 3.00 202,000.00 11-01-2005 30135701 UNIVERSITY OF NORTH CAROLINA 3.00 345,000.00 1-01-2008 30135702 UNIVERSITY OF NORTH CAROLINA 3.00 25,000.00 1-01-2007 30135801 UNIVERSITY OF NOTRE DAME 3.00 841,942.76 2-15-2019 30135903 UNIVERSITY OF PORTLAND 3.38 590,000.00 4-01-2013 30136002 UNIVERSITY OF PUERTO RICO 3.00 1,209,000.00 6-01-2011 30136601 UNIVERSITY OF SOUTH FLORIDA DORM 1965 3.75 280,000.00 7-01-2005 30136801 UNIVERSITY OF ST THOMAS 3.00 546,000.00 10-01-2019 30136901 UNIV OF STEUBENVILLE 3.13 224,000.00 4-01-2010 30137501 UTICA COLLEGE OF SYRACUSE 3.00 309,000.00 11-01-2009 30137701 VERMONT STATE COLLEGE 3.00 260,000.00 6-01-2008 30137702 VERMONT STATE COLLEGE 3.00 196,000.00 7-01-2014 30137802 VILLANOVA UNIVERSITY 3.00 985,000.00 4-01-2019 30137901 VINCENNES UNIVERSITY 3.00 3,310,000.00 6-01-2023 30138001 VIRGINIA COMMONWEALTH 3.00 1,771,999.99 6-01-2011 30138002 VIRGINA COMMONWEALTH UNIVERSITY 3.00 185,000.00 6-01-2004 30138101 VIRGINIA WESELAN COLLEGE 3.00 195,000.00 11-01-2009 30138102 VIRGINA ST WESELEYAN COLLEGE 3.00 128,000.00 11-01-2010 30138202 WALDORF COLLEGE 3.00 73,000.00 7-01-2005 30138302 WARTBURG COLLEGE ACCT#WART465CD 3.75 112,000.00 4-01-2011 30138402 WASHINGTON STATE UNIV. - 1965 SERIES-E 3.63 140,000.00 4-01-2004 30138403 WASHINGTON STATE UNIV.- 1965 SERIES-F 3.75 89,900.00 4-01-2004 30138702 WESLEY COLLEGE 3.38 166,000.00 5-01-2013 30138801 WEST KERN JR. COLLEGE DISTRICT 3.63 13,000.00 4-01-2004 30139001 WEST VALLEY COLLEGE 3.00 295,000.00 4-01-2009 30139503 WEST WASHINGTON STATE COLLEGE 3.63 110,000.00 10-01-2004 30139504 WESTERN WASHINGTON STATE COLLEGE 3.75 140,000.00 10-01-2005 30140003 WHEATON COLLEGE 3.50 635,000.00 4-01-2013 30140102 WHEELING COLLEGE 3.00 40,000.00 11-01-2007 30140201 WHEELOCH COLLEGE 3.00 16,881.44 5-01-2011 30140502 WITTENBERG UNIVERSITY 3.00 615,000.00 5-01-2015 30140503 WITTENBERG UNIVERSITY 3.00 193,000.00 11-01-2017 30140601 THE COLLEGE OF WOOSTER 3.00 26,586.60 3-30-2009 30140801 WRIGHT STATE UNIVERSITY 3.00 389,000.00 5-01-2009 30141001 YORK HOSPITAL 3.00 307,000.00 5-01-2020 ---------------------- TOTALS: 112,453,423.85 ======================
Page 5 of 5 College and University Loan Trust II Delinquency Report (60+ Days) As of December 31, 2003
================================================================================ GMACCM Loan Number Borrower Name Next Payment Due P and I Due Current UPB ================================================================================ 30106002 CISCO JUNIOR 7-01-2002 39,800.00 78,000.00 30112402 UNIVERSITY SY 1-01-2003 104,713.31 102,988.88 30123001 OLYMPIC COMMU 10-01-2003 19,999.98 144,999.98 TOTAL: 164,513.29 ==========
GMAC Commercial Mortgage College and University Loan Trust II Remittance Report for December 2003
======================================================================================================================= Date GMACCM Received Date Due Number Borrower Name Principal Due Interest Due ======================================================================================================================= 12-01-03 12-01-2003 30101601 AUBURN UNIVERSITY 90000.00 27525.00 12-01-03 12-01-2003 30104702 CARROLL COLLEGE 0.00 5062.50 12-01-03 12-01-2003 30104703 CARROLL COLLEGE 3674.15 2068.84 12-01-03 12-01-2003 30106401 COKER COLLEGE 13000.00 1470.00 12-01-03 12-01-2003 30112202 GEORGETOWN COLLEGE 50000.00 4785.00 12-01-03 12-01-2003 30112203 GEORGETOWN COLLEGE 80000.00 9000.00 12-01-03 -- 30114706 INDIANA UNIVERSITY 108000 2025 12-01-03 12-01-2003 30115001 JAMES MADISON UNIVERSITY 0.00 15600.00 12-01-03 12-01-2003 30121501 NORFOLK STATE UNIVERSITY 50252.45 36924.33 12-01-03 12-01-2003 30122701 NOVA UNIVERSITY 45000.00 3375.00 12-01-03 12-01-2003 30134305 UNIVERSITY OF DELAWARE 15000.00 8460.00 12-01-03 12-01-2003 30136002 UNIVERSITY OF PUERTO RICO 0.00 18135.00 12-01-03 12-01-2003 30137901 VINCENNES UNIVERSITY 0.00 49650.00 12-01-03 12-01-2003 30138001 VIRGINIA COMMONWEALTH 0.00 26580.00 12-01-03 -- 30138001 VIRGINIA COMMONWEALTH - - 12-01-03 12-01-2003 30138002 VIRGINA COMMONWEALTH UNIVERSITY 0.00 2775.00 System Credit ======================================================================================================================= 12-02-03 12-01-2003 30111803 GANNON UNIVERSITY 3412.13 2686.05 12-02-03 12-01-2003 30117002 LONG ISLAND UNIVERSITY 0.00 7703.13 12-02-03 6-01-2004 30117002 LONG ISLAND UNIVERSITY - - 12-02-03 12-01-2003 30123103 OUACHITA BAPTIST UNIVERSITY 4000.00 240.00 12-02-03 -- 30130801 STATE CENTER COMMUNITY COLLEGE - - System Credit - ----------------------------------------------------------------------------------------------------------------------- Bank Credits for 12/01 System Credits - ----------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 12/01 System Credits ======================================================================================================================= 12-03-03 Bank Credits for 12/02 System Credits - ----------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 12/02 System Credits ======================================================================================================================= 12-05-03 12-01-2003 30119903 MISSISSIPPI STATE UNIVERSITY 60000.00 20250.00 System Credit ======================================================================================================================= 12-08-03 -- 30130801 STATE CENTER COMMUNITY COLLEGE - - 12-08-03 -- 30130801 STATE CENTER COMMUNITY COLLEGE - - 12-08-03 12-01-2003 30131702 TALLADEGA COLLEGE 14000.00 4575.00 System Credit ======================================================================================================================= Sytem Debit - ----------------------------------------------------------------------------------------------------------------------- Bank Credits for 12/05 System Credits - ----------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 12/05 System Credits ======================================================================================================================= 12-09-03 12-01-2003 30116601 LENOIR RHYNE COLLEGE 25000.00 1410.00 12-09-03 12-01-2003 30137701 VERMONT STATE COLLEGE 0.00 3900.00 12-09-03 6-01-2004 30137701 VERMONT STATE COLLEGE - - System Credit ======================================================================================================================= Bank Credits for 12/08 System Credits NOT NET OF REVERSAL. - ----------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 12/08 System Credits NET OF REVERSAL. - ----------------------------------------------------------------------------------------------------------------------- Syystem Debit for Payment Reversal. ======================================================================================================================= 12-10-03 -- 30121101 NEW ENGLAND COLLEGE - - System Debit - ----------------------------------------------------------------------------------------------------------------------- Bank Credits for 12/09 System Credits - ----------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 12/09 System Credits ======================================================================================================================= 12-11-03 Sytem Debit for Payment Reversal 12/10. ======================================================================================================================= 12-12-03 -- 30138001 VIRGINIA COMMONWEALTH - - System Debit - ----------------------------------------------------------------------------------------------------------------------- 12-15-03 12-01-2003 30127402 ST MARY'S COLLEGE 9000.00 5400.00 System Credit ======================================================================================================================= Sytem Debit for Payment Reversal 12/12. ======================================================================================================================= 12-16-03 Bank Credits for 12/15 System Credits - ----------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 12/15 System Credits LESS 1905.00 With held for Payment Reversal 12/10. ======================================================================================================================= 12-17-03 3-01-2003 30104801 CARROLL COLLEGE - DORM BOND 1965 - - 12-17-03 9-01-2003 30104801 CARROLL COLLEGE - DORM BOND 1965 - - 12-17-03 3-01-2003 30104801 CARROLL COLLEGE - DORM BOND 1965 - - 12-17-03 4-01-2003 30107601 CONCORDIA COLLEGE - - 12-17-03 10-01-2003 30107601 CONCORDIA COLLEGE - - 12-17-03 4-01-2003 30107601 CONCORDIA COLLEGE - - 12-17-03 4-01-2003 30133201 UNIV STUDENT COOP HOUSING - - 12-17-03 10-01-2003 30133201 UNIV STUDENT COOP HOUSING - - 12-17-03 4-01-2003 30133201 UNIV STUDENT COOP HOUSING - - System Credit ======================================================================================================================= 12-18-03 11-01-2003 30127801 SAINT PAULS COLLEGE - - System Credit ======================================================================================================================= Bank Credits for 12/17 System Credits - ----------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 12/17 System Credits ======================================================================================================================= 12-19-03 Bank Credits for 12/18 System Credits - ----------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 12/18 System Credits LESS 0.04 With held for payment reversal from 12/12. ======================================================================================================================= 12-31-03 1-01-2004 30112901 HAMPSHIRE COLLEGE - - 12-31-03 1-01-2004 30114802 INTER-AMERICAN UNIV. OF PUERTO RICO - - 12-31-03 1-01-2004 30123701 UNIVERSITY OF THE ARTS - - 12-31-03 -- 30129202 SOUTH DAKOTA SCHOOL OF MINES & TECH - - 12-31-03 -- 30129202 SOUTH DAKOTA SCHOOL OF MINES & TECH - - 12-31-03 1-01-2004 30134402 UNIVERSITY OF FLORIDA / REV. CERTS.,84 - - System Credit ======================================================================================================================= TOTALS: 570,338.73 259,599.85 ========================================= Loans Due in Current Period and Paid in Prior Period: 24-Nov 12012003 30105101 CATAWBA COLLE 12000.00 2415.00 24-Nov 12012003 30105701 CHAMPLAIN COL 4938.29 1812.64 25-Nov 12012003 30113501 HIGH POINT CO 14000.00 3360.00 ----------------------------------------- TOTALS: 30,938.29 7,587.64 ========================================= Loans Due in Current Period Not Yet Paid: TOTALS: - - ========================================= GRAND TOTAL: 601,277.02 267,187.49 ========================================= ================================================================================================================================ Principal Net System Total Due Balance Principal Paid Interest Paid Suspense Total Paid Credits ================================================================================================================================ 117525.00 1835000.00 90000.00 27525.00 0.00 117525.00 5062.50 270000.00 0.00 5062.50 0.00 5062.50 5742.99 137922.42 3674.15 2068.84 0.00 5742.99 14470.00 97999.99 13000.00 1470.00 0.00 14470.00 54785.00 319000.00 50000.00 4785.00 0.00 54785.00 89000.00 600000.00 80000.00 9000.00 0.00 89000.00 110025 216000 108000.00 2025.00 0.00 110025.00 15600.00 1040000.00 0.00 15600.00 0.00 15600.00 87176.78 2461622.14 50252.45 36924.33 0.00 87176.78 48375.00 225000.00 45000.00 3374.99 0.00 48374.99 23460.00 564000.00 15000.00 8460.00 0.00 23460.00 18135.00 1209000.00 0.00 18135.00 0.00 18135.00 49650.00 3310000.00 0.00 49649.98 0.00 49649.98 26580.00 1771999.99 0.00 26579.96 0.00 26579.96 - - 0.00 0.00 0.04 0.04 2775.00 185000.00 0.00 2775.00 0.00 2775.00 668,362.24 ================================================================================================================================ 6098.18 179070.20 3412.13 2686.05 0.00 6098.18 7703.13 425000.00 0.00 7703.07 0.00 7703.07 - - 0.00 0.06 0.00 0.06 4240.00 16000.00 4000.00 240.00 0.00 4240.00 - - 0.00 0.00 35525.00 35525.00 53,566.31 - -------------------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------------------- ================================================================================================================================ - -------------------------------------------------------------------------------------------------------------------------------- ================================================================================================================================ 80250.00 1350000.00 60000.00 20250.00 0.00 80250.00 80,250.00 ================================================================================================================================ - - 0.00 0.00 -35525.00 -35525.00 - - 35000.00 525.00 0.00 35525.00 18575.00 308895.00 14000.00 4575.00 0.00 18575.00 54,100.00 ================================================================================================================================ (35,525.00) - -------------------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------------------- ================================================================================================================================ 26410.00 94000.00 25000.00 1410.00 0.00 26410.00 3900.00 260000.00 0.00 3899.98 0.00 3899.98 - - 0.00 0.02 0.00 0.02 30,310.00 ================================================================================================================================ - -------------------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------------------- ================================================================================================================================ - - 0.00 0.00 -1905.00 -1905.00 (1,905.00) - -------------------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------------------- ================================================================================================================================ ================================================================================================================================ - - 0.00 0.00 -0.04 -0.04 (0.04) - -------------------------------------------------------------------------------------------------------------------------------- 14400.00 360000.00 9000.00 5400.00 0.00 14400.00 14,400.00 ================================================================================================================================ ================================================================================================================================ - -------------------------------------------------------------------------------------------------------------------------------- ================================================================================================================================ - - 15,475.00 6,937.50 0.00 22,412.50 - - 0.00 6,525.00 0.00 6,525.00 - - 6,525.00 0.00 0.00 6,525.00 - - 13,785.00 1,440.00 0.00 15,225.00 - - 0.00 1,215.00 0.00 1,215.00 - - 1,215.00 0.00 0.00 1,215.00 - - 45,125.00 20,850.00 0.00 65,975.00 - - 0.00 19,875.00 0.00 19,875.00 - - 19,875.00 0.00 0.00 19,875.00 158,842.50 ================================================================================================================================ - - 14,386.83 5,875.26 0.00 20,262.09 20,262.09 ================================================================================================================================ - -------------------------------------------------------------------------------------------------------------------------------- ================================================================================================================================ - -------------------------------------------------------------------------------------------------------------------------------- ================================================================================================================================ - - 12,559.69 4,356.39 0.00 16,916.08 - - 62,997.44 29,799.76 0.00 92,797.20 - - 42,603.88 31,304.32 0.00 73,908.20 - - 330,000.00 4,950.00 0.00 334,950.00 - - 0.00 3,300.00 0.00 3,300.00 - - 0.00 25,875.00 0.00 25,875.00 547,746.48 ================================================================================================================================ 829,938.58 17,235,509.74 1,169,886.57 422,428.01 (1,905.00) 1,590,409.58 1,590,409.58 ================================================================================================================================ 14415.00 161000.00 6750.93 120842.77 17360.00 224000.00 - ------------------------------------- 38,525.93 505,842.77 ===================================== - - ===================================== 868,464.51 17,741,352.51 ===================================== =================================================== Total Bank First Chicago ACH Debits and Credits Wires Other Wires =================================================== =================================================== - --------------------------------------------------- 668,362.24 - --------------------------------------------------- 668,362.24 =================================================== 53,566.31 - ---------------------------------------------------- 53,566.31 =================================================== =================================================== =================================================== - --------------------------------------------------- 80,250.00 - --------------------------------------------------- 80,250.00 =================================================== =================================================== 54,100.00 - --------------------------------------------------- 18,575.00 - --------------------------------------------------- 35,525.00 =================================================== - --------------------------------------------------- 30,310.00 - --------------------------------------------------- 30,310.00 =================================================== 1,905.00 =================================================== - --------------------------------------------------- =================================================== 0.04 =================================================== 14,400.00 - --------------------------------------------------- 12,495.00 =================================================== =================================================== =================================================== 158,842.50 - --------------------------------------------------- 158,842.50 =================================================== 20,262.09 - --------------------------------------------------- 20,262.05 =================================================== =================================================== 1,080,093.14 1,042,663.10 37,430.04 ====================================================
College and University Loan Trust II Remittance Report Reconciliation December-03 Total System Credits @ 12/31 1,590,409.58 ============ Total Bank Credits 1,080,093.14 ============ 12/8/2003 Payment Reversal (35,525.00) 12/10/2003 Payment Reversal (1,905.00) 12/12/2003 Payment Reversal (0.04) 12/31/2003 Funds in transit. 547,746.48 Adjusted Bank Credits: 1,590,409.58 ============ GMAC Commercial Mortgage College and University Loan Trust II Remittance Report Reconciliation December-03 Total System/Bank Credits @ 12/31 1,590,409.58 ============ Total Debits to Trustee@ 12/31 1,042,663.10 ============ 12/10/2003 Payment Reversal (1,905.00) 12/12/2003 Payment Reversal (0.04) 12/16/2003 Funds with held to cover payment reversal 12/10. 1,905.00 12/19/2003 Funds with held to cover payment reversal 12/12. 0.04 12/31/2003 Deposit in Transit 547,746.48 Adjusted Debits to Trustee 1,590,409.58 ============ GMAC Commercial Mortgage College and University Loan Trust II Remittance Report for January 2004
============================================================================================================================ Date GMACCM Received Date Due Number Borrower Name Principal Due Interest Due Total Due ============================================================================================================================ 1-02-04 1-01-2004 30106301 CLEMSON UNIVERSITY - STUDENT FAC 1966 - 1,575.00 1,575.00 1-02-04 -- 30107403 COLUMBIA COLLEGE - - - 1-02-04 -- 30107404 COLUMBIA COLLEGE - - - 1-02-04 1-01-2004 30111101 FLORIDA A & M UNIVERSITY - DORM 64 - 688.75 688.75 1-02-04 1-01-2004 30117202 LOUISIANA STATE UNIV - BOND 1964B - 3,008.75 3,008.75 1-02-04 1-01-2004 30124701 PURDUE UNIVERSITY - 3,896.88 3,896.88 1-02-04 1-01-2004 30129101 SIMPSON COLLEGE - BOND 1966 - 3,810.00 3,810.00 1-02-04 1-01-2004 30136601 UNIVERSITY OF SOUTH FLORIDA DORM 1965 - 5,250.00 5,250.00 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 12/31/2003 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 12/31/2003 System Credits Less 10/2003 and 11/2003 Service Fee - ---------------------------------------------------------------------------------------------------------------------------- Bank Debit representing 10-2003 and 11/2003 Service Fee withheld from 12/31/2003 Wire ============================================================================================================================ 1-05-04 -- 30107404 COLUMBIA COLLEGE - - - 1-05-04 1-01-2004 30107404 COLUMBIA COLLEGE - 450.00 450.00 1-05-04 1-01-2004 30112002 GEORGE FOX COLLEGE 8,760.35 4,853.45 13,613.80 1-05-04 1-01-2004 30117204 LA. STATE UNIV. 1965 BOND SER B - 1,470.00 1,470.00 1-05-04 1-01-2004 30117205 LA. STATE UNIV. 1966 BOND SER C - 1,725.00 1,725.00 1-05-04 1-01-2004 30121201 NEWARK BETH ISREAL MEDICAL CENTER 40,000.00 9,334.38 49,334.38 1-05-04 7-01-2004 30121201 NEWARK BETH ISREAL MEDICAL CENTER - - - 1-05-04 1-01-2004 30124702 PURDUE UNIVERSITY - 1,170.00 1,170.00 1-05-04 1-01-2004 30124803 QUEENS COLLEGE - 489.38 489.38 1-05-04 1-01-2004 30135701 UNIVERSITY OF NORTH CAROLINA 65,000.00 5,175.00 70,175.00 1-05-04 1-01-2004 30135702 UNIVERSITY OF NORTH CAROLINA 6,000.00 375.00 6,375.00 System Credits - ---------------------------------------------------------------------------------------------------------------------------- System Debits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 01/02/2004 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 01/02/2004 System Credits ============================================================================================================================ 1-06-04 1-01-2004 30131003 JOHN B. STETSON UNIVERSITY 25,000.00 1,245.00 26,245.00 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 01/05 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 01/05 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Debit from 01/05 System Credits (payment reversal) ============================================================================================================================ 1-07-04 -- 30107403 COLUMBIA COLLEGE - - - 1-07-04 1-01-2004 30107403 COLUMBIA COLLEGE - 797.50 797.50 1-07-04 1-01-2004 30120501 MOREHOUSE COLLEGE - 8,549.99 8,549.99 1-07-04 1-01-2004 30132301 TEXAS A & I UNIV-BLDG SYS SER 1969A - 6,165.00 6,165.00 System Credits - ---------------------------------------------------------------------------------------------------------------------------- System Debits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 01/06 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 01/06 System Credits ============================================================================================================================ 1-08-04 1-01-2004 30105403 CENTRAL MISSOURI STATE - 1,703.75 1,703.75 1-08-04 -- 30105403 CENTRAL MISSOURI STATE - - - 1-08-04 -- 30105403 CENTRAL MISSOURI STATE - - - 1-08-04 1-01-2004 30105404 CENTRAL MISSOURI STATE - 7,125.00 7,125.00 1-08-04 1-01-2004 30137702 VERMONT STATE COLLEGE - 2,940.00 2,940.00 System Credits - ---------------------------------------------------------------------------------------------------------------------------- System Debits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 01/07 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 01/07 System Credits LESS 570.00 withheld for 4th Qtr Property Inspections - ---------------------------------------------------------------------------------------------------------------------------- Bank Debit from 01/07 System Credits (payment reversal) ============================================================================================================================ 1-09-04 1-01-2004 30111201 FLORIDA ATLANTIC UNIVERSITY - 297.50 297.50 1-09-04 1-01-2004 30111202 FLORIDA ATLANTIC UNIVERSITY-SER A - 2,175.00 2,175.00 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 01/08 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 01/08 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Debit from 01/08 System Credits (payment reversal) ============================================================================================================================ 1-12-04 1-01-2004 30100102 ALABAMA AGRICULTURAL - 2,175.00 2,175.00 1-12-04 1-01-2004 30111503 FLORIDA STATE UNIVERSITY - DORM 69 75,000.00 6,450.00 81,450.00 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 01/09 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 01/09 System Credits ============================================================================================================================ 1-13-04 - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 01/12 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 01/12 System Credits LESS 6653.05 for 12/2003 Service Fee ============================================================================================================================ 1-15-04 -- 30140801 WRIGHT STATE UNIVERSITY - - - System Credits ============================================================================================================================ 1-16-04 Bank Credit from 01/15 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 01/15 System Credits ============================================================================================================================ 1-21-04 -- 30140801 WRIGHT STATE UNIVERSITY - - - 1-21-04 -- 30140801 WRIGHT STATE UNIVERSITY - - - 1-21-04 -- 30140801 WRIGHT STATE UNIVERSITY - - - System Credits - ---------------------------------------------------------------------------------------------------------------------------- System Debits ============================================================================================================================ 1-22-04 Bank Credit from 01/21 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Debit from 01/21 System Credits (payment reversal) ============================================================================================================================ 1-23-04 Wire Credits to Acct for Duplicate Service fee taken - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee representing Duplicate Service Fee taken for 2002 - ---------------------------------------------------------------------------------------------------------------------------- Bank Debit representing $6653.05 for 12/2003 Service fee and $570.00 for 4th Qtr Property Inspections ============================================================================================================================ TOTALS: 219,760.35 82,895.33 302,655.68 ====================================================== Loans Due in Current Period and Paid in Prior Period: 12-31-03 1-01-2004 30112901 HAMPSHIRE COL 12559.69 4356.39 16916.08 12-31-03 1-01-2004 30114802 INTER AMERICA 62997.44 29799.76 92797.2 12-31-03 1-01-2004 30123701 PHILADELPHIA 42,603.88 31,304.32 73,908.20 12-31-03 1-01-2004 30134402 UNIVERSITY OF - 25,875.00 25,875.00 ----------------------------------------------------- TOTALS: 118,161.01 91,335.47 209,496.48 ===================================================== Loans Due in Current Period Not Yet Paid: 1-01-2004 30106002 CISCO JUNIOR - 600.00 600.00 1-01-2004 30112402 UNIVERSITY SY - 1,737.94 1,737.94 1-01-2004 30138202 WALDORF COLLE - 1,095.00 1,095.00 ----------------------------------------------------- TOTALS: - 3,432.94 3,432.94 ===================================================== GRAND TOTAL: 337,921.36 177,663.74 515,585.10 ===================================================== ======================================================================================================================= Net System Principal Balance Principal Paid Interest Paid Suspense Total Paid Credits ======================================================================================================================= 105,000.00 0.00 1,575.00 0.00 1,575.00 - 0.00 0.00 797.50 797.50 - 0.00 0.00 450.00 450.00 38,000.00 0.00 688.75 0.00 688.75 166,000.00 0.00 3,008.75 0.00 3,008.75 215,000.00 0.00 3,896.88 0.00 3,896.88 254,000.00 0.00 3,810.00 0.00 3,810.00 280,000.00 0.00 5,250.00 0.00 5,250.00 19,476.88 - ----------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------- ======================================================================================================================= - 0.00 0.00 -450.00 (450.00) 30,000.00 0.00 450.00 0.00 450.00 647,127.18 8,760.35 4,853.45 0.00 13,613.80 98,000.00 0.00 1,470.00 0.00 1,470.00 115,000.00 0.00 1,725.00 0.00 1,725.00 515,000.00 40,000.00 9,334.35 0.00 49,334.35 - 0.00 0.03 0.00 0.03 78,000.00 0.00 1,170.00 0.00 1,170.00 27,000.00 0.00 489.38 0.00 489.38 345,000.00 65,000.00 5,175.00 0.00 70,175.00 25,000.00 6,000.00 375.00 0.00 6,375.00 144,802.56 - ----------------------------------------------------------------------------------------------------------------------- (450.00) - ----------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------- ======================================================================================================================= 83,000.00 25,000.00 1,245.00 0.00 26,245.00 26,245.00 - ----------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------- ======================================================================================================================= - 0.00 0.00 -797.50 (797.50) 44,000.00 0.00 797.50 0.00 797.50 569,999.50 0.00 8,549.99 0.00 8,549.99 411,000.00 0.00 6,165.00 0.00 6,165.00 15,512.49 - ----------------------------------------------------------------------------------------------------------------------- (797.50) - ----------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------- ======================================================================================================================= 94,000.00 0.00 1,703.73 0.00 1,703.73 - 0.00 0.00 0.02 0.02 - 0.00 0.00 -0.02 (0.02) 475,000.00 0.00 7,125.00 0.00 7,125.00 196,000.00 0.00 2,940.00 0.00 2,940.00 11,768.75 - ----------------------------------------------------------------------------------------------------------------------- (0.02) - ----------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------- ======================================================================================================================= 17,000.00 0.00 297.50 0.00 297.50 145,000.00 0.00 2,175.00 0.00 2,175.00 2,472.50 - ----------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------- ======================================================================================================================= 145,000.00 0.00 2,175.00 0.00 2,175.00 430,000.00 75,000.00 6,450.00 0.00 81,450.00 83,625.00 - ----------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------- ======================================================================================================================= - ----------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------- ======================================================================================================================= - - - 392,890.00 392,890.00 392,890.00 ======================================================================================================================= - ----------------------------------------------------------------------------------------------------------------------- ======================================================================================================================= - - - (392,890.00) (392,890.00) - 389,000.00 - - 389,000.00 - - 3,890.00 - 3,890.00 392,890.00 - ----------------------------------------------------------------------------------------------------------------------- (392,890.00) ======================================================================================================================= - ----------------------------------------------------------------------------------------------------------------------- ======================================================================================================================= - ----------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------- ======================================================================================================================= 5,548,126.68 608,760.35 86,785.31 - 695,545.66 695,545.66 ======================================================================================================================= 290425.69 1986650.57 2,086,954.98 1,725,000.00 - ------------------------ 6,089,031.24 ======================== 40,000.00 - 73,000.00 - ------------------------ 113,000.00 ======================== 11,750,157.92 ======================== ======================================================= Total Bank First Chicago ACH Debits and Credits Wires Other Wires ======================================================= - ------------------------------------------------------- 547,746.48 - ------------------------------------------------------- 514,797.48 - ------------------------------------------------------- 32,949.00 ======================================================= - ------------------------------------------------------- - ------------------------------------------------------- 19,476.88 - ------------------------------------------------------- 19,476.88 ======================================================= - ------------------------------------------------------- 144,802.56 - ------------------------------------------------------- 144,352.56 - ------------------------------------------------------- 450.00 ======================================================= - ------------------------------------------------------- - ------------------------------------------------------- 26,245.00 - ------------------------------------------------------- 26,245.00 ======================================================= - ------------------------------------------------------- - ------------------------------------------------------- 15,512.49 - ------------------------------------------------------- 14,144.99 - ------------------------------------------------------- 797.50 ======================================================= - ------------------------------------------------------- 11,768.75 - ------------------------------------------------------- 11,768.73 - ------------------------------------------------------- 0.02 ======================================================= - ------------------------------------------------------- 2,472.50 - ------------------------------------------------------- 2,472.50 ======================================================= - ------------------------------------------------------- 83,625.00 - ------------------------------------------------------- 76,971.95 ======================================================= ======================================================= 392,890.00 - ------------------------------------------------------- 392,890.00 ======================================================= - ------------------------------------------------------- ======================================================= 392,890.00 - ------------------------------------------------------- 392,890.00 ======================================================= (30,607.48) - ------------------------------------------------------- 30,607.48 - ------------------------------------------------------- 7,223.05 ======================================================= 1,637,429.66 1,203,120.09 434,309.57 ========================================================
College and University Loan Trust II Remittance Report Reconciliation January-04 Total System Credits @ 1/31 695,545.66 ------------ Total Bank Credits 1,637,429.66 ------------ 1/2/2004 Deposit in Transit (514,797.48) 1/2/2004 10-2003 & 11-2003 Service Fee (32,949.00) 1/6/2004 Payment Reversal (450.00) 1/8/2004 Payment Reversal (797.50) 1/9/2004 Payment Reversal (0.02) 1/22/2004 Payment Reversal (392,890.00) Adjusted Bank Credits: 695,545.66 ============ GMAC Commercial Mortgage College and University Loan Trust II Remittance Report Reconciliation January-04 Total System/Bank Credits @ 1/31 695,545.66 ============ Total Debits to Trustee@ 1/31 1,203,120.09 ============ 1/2/2004 Deposit in Transit (514,797.48) 1/8/2004 Witheld funds for 4th Qtr Property Inspection 570.00 1/13/2004 Withheld funds for 12/2003 Service Fee 6,653.05 Adjusted Debits to Trustee 695,545.66 ============ GMAC Commercial Mortgage College and University Loan Trust II Remittance Report for February 2004
======================================================================================================================== Date GMACCM Received Date Due Number Borrower Name Principal Due Interest Due ======================================================================================================================== 2-02-04 2-01-2004 30108101 CUMBERLAND COLLEGE - 3,870.00 2-02-04 2-01-2004 30112902 HAMPSHIRE COLLEGE 43,212.09 15,861.33 System Credits ======================================================================================================================== 2-03-04 -- 30131101 STILLMAN COLLEGE 28,000.00 525.00 System Credits - ------------------------------------------------------------------------------------------------------------------------ Bank Credits from 2/02 System Credits - ------------------------------------------------------------------------------------------------------------------------ Wire to Trustee for 2/02 System Credits ======================================================================================================================== 2-04-04 Bank Credits from 2/03 System Credits - ------------------------------------------------------------------------------------------------------------------------ Wire to Trustee for 2/03 System Credits ======================================================================================================================== 2-05-04 -- 30102701 BENTLEY COLLEGE - - System Credits ======================================================================================================================== 2-06-04 2-15-2004 30135801 UNIVERSITY OF NOTRE DAME 22,043.86 12,629.14 System Credits - ------------------------------------------------------------------------------------------------------------------------ Bank Credits from 2/05 System Credits - ------------------------------------------------------------------------------------------------------------------------ Wire to Trustee for 2/05 System Credits ======================================================================================================================== 2-09-04 Bank Credits from 2/06 System Credits - ------------------------------------------------------------------------------------------------------------------------ Wire to Trustee for 2/06 System Credits LESS 4437.25 for 1/2004 Service Fee ======================================================================================================================== 2-10-04 Bank Debit representing 1/2004 Service Fee withheld from 2/09/2004 Wire ======================================================================================================================== 2-25-04 1-01-2004 30138202 WALDORF COLLEGE - - System Credits ======================================================================================================================== 2-26-04 Bank Credits from 2/25 System Credits - ------------------------------------------------------------------------------------------------------------------------ Wire to Trustee for 2/25 System Credits ======================================================================================================================== TOTALS: 93,255.95 32,885.47 ===================================== Loans Due in Current Period and Paid in Prior Period: 8-05-03 2-01-2004 30-13-7303 UNIVERSITY OF 0 1,020.00 ------------------------------------- TOTALS: - 1,020.00 ===================================== Loans Due in Current Period Not Yet Paid: ------------------------------------- TOTALS: - - ===================================== GRAND TOTAL: 93,255.95 33,905.47 ===================================== ========================================================================================================================= Principal Principal Interest Net System Total Due Balance Paid Paid Suspense Total Paid Credits ========================================================================================================================= 3,870.00 258,000.00 0.00 3,870.00 0.00 3,870.00 59,073.42 1,057,422.08 43,212.09 15,861.33 0.00 59,073.42 62,943.42 ========================================================================================================================= 28,525.00 - 28,000.00 525.02 0.00 28,525.02 28,525.02 - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- ========================================================================================================================= - ------------------------------------------------------------------------------------------------------------------------- ========================================================================================================================= - - 830,000.00 0.00 0.00 830,000.00 830,000.00 ========================================================================================================================= 34,673.00 841,942.76 22,043.86 12,629.14 0.00 34,673.00 34,673.00 - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- ========================================================================================================================= - ------------------------------------------------------------------------------------------------------------------------- ========================================================================================================================= ========================================================================================================================= - - 0.00 1,095.00 0.00 1,095.00 1,095.00 ========================================================================================================================= - ------------------------------------------------------------------------------------------------------------------------- ========================================================================================================================= 126,141.42 2,157,364.84 923,255.95 33,980.49 0.00 957,236.44 957,236.44 ========================================================================================================================= 1,020.00 - - --------------------------------------- 1,020.00 - ======================================= - --------------------------------------- - - ======================================= 127,161.42 2,157,364.84 ======================================= ======================================================= Total Bank First Chicago ACH Debits and Credits Wires Other Wires ======================================================= ======================================================= - ------------------------------------------------------- 62,943.42 - ------------------------------------------------------- 62,943.42 ======================================================= 28,525.02 - ------------------------------------------------------- 28,525.02 ======================================================= ======================================================= - ------------------------------------------------------- 830,000.00 - ------------------------------------------------------- 830,000.00 ======================================================= 34,673.00 - ------------------------------------------------------- 30,235.75 ======================================================= 4,437.25 ======================================================= ======================================================= 1,095.00 - ------------------------------------------------------- 1,095.00 ======================================================= 957,236.44 952,799.19 4,437.25 ========================================================
College and University Loan Trust II Remittance Report Reconciliation February-04 Total System Credits @ 2/29 957,236.44 ---------- Total Bank Credits 957,236.44 ---------- Adjusted Bank Credits: 957,236.44 ========== GMAC Commercial Mortgage College and University Loan Trust II Remittance Report Reconciliation February-04 Total System/Bank Credits @ 2/29 957,236.44 ========== Total Debits to Trustee@ 2/29 952,799.19 ========== 2/10/2004 Withheld funds for 1/2004 Service Fee 4,437.25 Adjusted Debits to Trustee 957,236.44 ========== GMAC Commercial Mortgage College and University Loan Trust II Remittance Report for March 2004
======================================================================================================================= Date GMACCM Principal Interest Received Date Due Number Borrower Name Due Due ======================================================================================================================= 3-01-04 3-01-2004 30101102 ANDERSON COLLEGE 35,000.00 1,575.00 3-01-04 3-01-2004 30110301 EMBRY RIDDLE AERONAUTICAL UNIV. - 3,600.00 3-01-04 3-01-2004 30115901 LA GRANGE COLLEGE 30,000.00 2,925.00 3-01-04 3-01-2004 30127401 ST MARY'S JUNIORCOLLEGE 17,000.00 525.00 3-01-04 3-01-2004 30130502 SPALDING UNIVERSITY - 2,340.00 System Credits ======================================================================================================================= 2004-03-02 3-01-2004 30121801 NORTH CAROLINA STATE UNIVERSITY - 1,903.13 System Credits - ----------------------------------------------------------------------------------------------------------------------- Bank Credits from 3/01 System Credits - ----------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 3/01 System Credits ======================================================================================================================= 3-03-04 Bank Credits from 3/02 System Credits - ----------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 3/02 System Credits ======================================================================================================================= 3-08-04 3-15-2004 30113702 HIWASSEE COLLEGE 4,420.18 2,487.82 3-08-04 3-01-2004 30114801 INTER AMERICAN UNIVERSITY OF PUERTO RICO - 825.00 System Credits - ----------------------------------------------------------------------------------------------------------------------- 3-09-04 Bank Credits from 3/08 System Credits - ----------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 3/08 System Credits (Less 819.51 2/2004 Service Fee) ======================================================================================================================= 3-10-04 Bank Debit representing 2/2004 Service Fee withheld from 3/9/2004 Wire ======================================================================================================================= 3-22-04 3-30-2004 30140601 THE COLLEGE OF WOOSTER 2,416.60 398.80 System Credits ======================================================================================================================= 3-23-04 4-01-2004 30111901 GAVILAN COLLEGE - - 3-23-04 4-01-2004 30139001 WEST VALLEY COLLEGE - - System Credits - ----------------------------------------------------------------------------------------------------------------------- Bank Credits from 3/22 System Credits - ----------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 3/22 System Credits ======================================================================================================================= 3-24-04 Bank Credits from 3/23 System Credits - ----------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 3/23 System Credits ======================================================================================================================= 3-25-04 3-30-2004 30125601 RIO GRANDE COLLEGE 5,083.33 838.75 System Credits ======================================================================================================================= 3-26-04 Bank Credits from 3/25 System Credits - ----------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 3/25 System Credits ======================================================================================================================= 3-29-04 4-01-2004 30116201 LASSEN JUNIOR COLLEGE - - System Credits ======================================================================================================================= 3-30-04 Bank Credits from 3/29 System Credits - ----------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 3/29 System Credits ======================================================================================================================= 3-31-04 4-01-2004 30130301 SOUTHWEST TEXAS STATE UNIVERSITY - - System Credits ======================================================================================================================= TOTALS: 93,920.11 17,418.50 ============================== Loans Due in Current Period and Paid in Prior Period: ------------------------------ TOTALS: - - ============================== Loans Due in Current Period Not Yet Paid: 3-01-2004 30104801 CARROLL COLLE 24,000.00 6,525.00 ------------------------------ TOTALS: 24,000.00 6,525.00 ============================== GRAND TOTAL: 117,920.11 23,943.50 ============================== ============================================================================================================================= Principal Principal Net System Total Due Balance Paid Interest Paid Suspense Total Paid Credits ============================================================================================================================= 36,575.00 105,000.00 35,000.00 1,575.00 0.00 36,575.00 3,600.00 240,000.00 0.00 3,600.00 0.00 3,600.00 32,925.00 195,000.00 30,000.00 2,925.00 0.00 32,925.00 17,525.00 35,000.00 17,000.00 525.00 0.00 17,525.00 2,340.00 156,000.00 0.00 2,340.00 0.00 2,340.00 92,965.00 ============================================================================================================================= 1,903.13 105,000.00 0.00 1,903.13 0.00 1,903.13 1,903.13 - ----------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================= - ----------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================= 6,908.00 165,854.71 4,420.18 2,487.82 0.00 6,908.00 825.00 55,000.00 0.00 825.00 0.00 825.00 7,733.00 - ----------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================= ============================================================================================================================= 2,815.40 26,586.60 2,416.60 398.80 0.00 2,815.40 2,815.40 ============================================================================================================================= - - 11,000.00 525.00 0.00 11,525.00 - - 45,000.00 4,425.00 0.00 49,425.00 60,950.00 - ----------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================= - ----------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================= 5,922.08 55,916.83 5,083.33 838.75 0.00 5,922.08 5,922.08 ============================================================================================================================= - ----------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================= - - 20,000.00 5,985.00 0.00 25,985.00 25,985.00 ============================================================================================================================= - ----------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================= - - 0.00 27,450.00 0.00 27,450.00 27,450.00 ============================================================================================================================= 111,338.61 1,139,358.14 169,920.11 55,803.50 - 225,723.61 225,723.61 ============================================================================================================================= - ------------------------------------- - - ===================================== 30,525.00 348,000.00 - ------------------------------------- 30,525.00 348,000.00 ===================================== 141,863.61 1,487,358.14 ===================================== ==================================================== First ACH Total Bank Chicago Debits and Credits Wires Other Wires ==================================================== ==================================================== - ---------------------------------------------------- 92,965.00 - ---------------------------------------------------- 92,965.00 ==================================================== 1,903.13 - ---------------------------------------------------- 1,903.13 ==================================================== - ---------------------------------------------------- 7,733.00 - ---------------------------------------------------- 6,913.49 ==================================================== 819.51 ==================================================== ==================================================== - ---------------------------------------------------- 2,815.40 - ---------------------------------------------------- 2,815.40 ==================================================== 60,950.00 - ---------------------------------------------------- 60,950.00 ==================================================== ==================================================== 5,922.08 - ---------------------------------------------------- 5,922.08 ==================================================== ==================================================== 25,985.00 - ---------------------------------------------------- 25,985.00 ==================================================== ==================================================== 198,273.61 197,454.10 819.51 =====================================================
College and University Loan Trust II Remittance Report Reconciliation March-04 Total System Credits @ 3/31 225,723.61 ---------- Total Bank Credits 198,273.61 ---------- 3/31/2004 Deposit in Transit 27,450.00 Adjusted Bank Credits: 225,723.61 ========== GMAC Commercial Mortgage College and University Loan Trust II Remittance Report Reconciliation March-04 Total System/Bank Credits @ 3/31 225,723.61 ========== Total Debits to Trustee@ 3/31 197,454.10 ========== 3/10/2004 Withheld funds for 2/2004 Service Fee 819.51 3/31/2004 Deposit in Transit 27,450.00 Adjusted Debits to Trustee 225,723.61 ========== GMAC Commercial Mortgage College and University Loan Trust II Remittance Report for April 2004
================================================================================================================================ Date GMACCM Principal Interest Received Date Due Number Borrower Name Due Due ================================================================================================================================ 4-01-04 -- 30105901 CHATEAU COMM HOUSING ASSC - 16,650.00 4-01-04 -- 30105901 CHATEAU COMM HOUSING ASSC - - 4-01-04 4-01-2004 30112002 GEORGE FOX COLLEGE 8,826.05 4,787.75 4-01-04 4-01-2004 30119701 MIDLAND LUTHERAN COLLEGE 16,000.00 480.00 4-01-04 -- 30138402 WASHINGTON STATE UNIV. - 1965 SERIES-E 140,000.00 2,537.50 4-01-04 -- 30138402 WASHINGTON STATE UNIV. - 1965 SERIES-E - - 4-01-04 -- 30138402 WASHINGTON STATE UNIV. - 1965 SERIES-E - - 4-01-04 -- 30138403 WASHINGTON STATE UNIV.- 1965 SERIES-F 90,000.00 1,687.50 4-01-04 -- 30138403 WASHINGTON STATE UNIV.- 1965 SERIES-F - - 4-01-04 -- 30138403 WASHINGTON STATE UNIV.- 1965 SERIES-F - - System Credits - -------------------------------------------------------------------------------------------------------------------------------- System Debits - -------------------------------------------------------------------------------------------------------------------------------- Bank Credits from 3/31 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 3/31 System Credits ================================================================================================================================ 4-02-04 4-01-2004 30100201 ALBION COLLEGE - - 4-02-04 10-01-2003 30100201 ALBION COLLEGE - - 4-02-04 4-01-2003 30100201 ALBION COLLEGE - - 4-02-04 -- 30100201 ALBION COLLEGE - - 4-02-04 -- 30100201 ALBION COLLEGE - - 4-02-04 -- 30100201 ALBION COLLEGE - - 4-02-04 4-01-2003 30100201 ALBION COLLEGE - - 4-02-04 4-01-2002 30100201 ALBION COLLEGE - - 4-02-04 10-01-2002 30100201 ALBION COLLEGE - - 4-02-04 -- 30100201 ALBION COLLEGE - - 4-02-04 4-01-2004 30101701 AZUSA PACIFIC UNIVERSITY 11,000.00 3,168.75 4-02-04 4-01-2004 30104401 CAMERON UNIVERSITY 285,000.00 17,700.00 4-02-04 4-01-2004 30110101 ELIZABETH CITY STATE UNIVERSITY - 4,650.00 4-02-04 4-01-2004 30118701 MCLENNAN COMMUNITY COLLEGE 115,000.00 5,100.00 4-02-04 4-01-2004 30119001 SLOAN-MEMORIAL KETTERING CANCER CENTER 75,000.00 12,386.25 4-02-04 4-01-2004 30122802 OCCIDENTAL COLLEGE - 3,480.00 4-02-04 4-01-2004 30125401 RHODE ISLAND COLLEGE - 1,050.00 4-02-04 4-01-2004 30127702 SAINT NORBERT COLLEGE 42,000.00 761.25 4-02-04 4-01-2004 30127703 SAINT NORBERT COLLEGE 47,000.00 2,865.00 4-02-04 4-01-2004 30132002 TAYLOR UNIVERSITY - 2,955.00 4-02-04 4-01-2004 30132003 TAYLOR UNIVERSITY - 9,165.00 4-02-04 -- 30135903 UNIVERSITY OF PORTLAND - - 4-02-04 4-01-2004 30136901 UNIV OF STEUBENVILLE 30,000.00 3,500.00 System Credits - -------------------------------------------------------------------------------------------------------------------------------- System Debits - -------------------------------------------------------------------------------------------------------------------------------- Bank Credits from 4/01 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Bank Credits from 4/01 System Credits (Escrow Held payment) - -------------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/01 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Bank Debits from 4/01 System Debits (Suspense Escrow Disbursement) ================================================================================================================================ 4-05-04 4-01-2004 30102301 BECKER JUNIOR COLLEGE 35,000.00 1,005.00 4-05-04 4-01-2004 30105801 CHAPMAN COLLEGE 15,000.00 6,300.00 4-05-04 4-01-2004 30107002 COLLEGE OF THE HOLY CROSS - 13,593.75 4-05-04 10-01-2004 30107002 COLLEGE OF THE HOLY CROSS - - 4-05-04 4-01-2004 30107003 COLLEGE OF THE HOLY CROSS - 4,875.00 4-05-04 4-01-2004 30108202 DAEMEN COLLEGE(ROSARY HILL COLLEGE) 35,000.00 7,575.00 4-05-04 4-01-2004 30108801 DILLARD UNIVERSITY 31,000.00 1,965.00 4-05-04 4-01-2004 30109301 DOWLING COLLEGE 27,000.00 6,060.00 4-05-04 4-01-2004 30109604 DRURY COLLEGE 8,000.00 3,255.00 4-05-04 4-01-2004 30109605 DRURY COLLEGE 21,000.00 4,875.00 4-05-04 4-01-2004 30109801 DYOURVILLE COLLEGE 49,000.00 13,523.03 4-05-04 4-01-2004 30109801 DYOURVILLE COLLEGE - - 4-05-04 4-01-2004 30111701 FT LEWIS COLLEGE - 3,450.00 4-05-04 4-01-2004 30113401 HESSTON COLLEGE 22,000.00 1,005.00 4-05-04 4-01-2004 30113601 HINDS JUNIOR COLLEGE 140,000.00 21,735.00 4-05-04 4-01-2004 30114201 HUSTON-TILLOTSON COLLEGE - DORM 1964 25,000.00 5,337.50 4-05-04 4-01-2004 30115803 KNOX COLLEGE - DORM BONDS 1966 50,000.00 2,250.00 4-05-04 4-01-2004 30117102 LONG ISLAND UNIVERSITY - 393.75 4-05-04 4-01-2004 30123401 PAINE COLLEGE - 11,145.00 4-05-04 4-01-2004 30129402 SOUTHEAST MISSOURI STATE UNIV(ESCROW) 150,000.00 8,115.00 4-05-04 4-01-2004 30129901 BETHANY NAZARENE_UNIVERSITY 40,000.00 1,500.00 4-05-04 -- 30131301 SUNY, MOHAWK VALLEY COMMUNITY - - 4-05-04 4-01-2004 30131301 SUNY, MOHAWK VALLEY COMMUNITY 80,000.00 2,475.00 4-05-04 4-01-2004 30134101 UNIVERSITY OF CENTRAL FLORIDA - 3,825.00 4-05-04 4-01-2004 30136801 UNIVERSITY OF ST THOMAS - 8,190.00 4-05-04 4-01-2004 30137802 VILLANOVA UNIVERSITY 50,000.00 14,775.00 4-05-04 4-01-2004 30138302 WARTBURG COLLEGE ACCT#WART465CD 12,000.00 2,100.00 4-05-04 4-01-2004 30140003 WHEATON COLLEGE 55,000.00 11,112.50 System Credits - -------------------------------------------------------------------------------------------------------------------------------- System Debits - -------------------------------------------------------------------------------------------------------------------------------- Bank Credits from 4/02 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Bank Credits from 4/02 System Credits (Escrow Held payment) - -------------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/02 System Credits (LESS $1,069.67 3/2004 Service Fee and $1,030.00 1st Qtr Property Inspections) - -------------------------------------------------------------------------------------------------------------------------------- Bank Debits from 4/02 System Debits (Payment Reversal) - -------------------------------------------------------------------------------------------------------------------------------- Bank Debits from 4/02 System Debits (Payment Reversal) ================================================================================================================================ 4-06-04 -- 30100201 ALBION COLLEGE - - 4-06-04 10-01-2002 30100201 ALBION COLLEGE - - 4-06-04 10-01-2002 30100201 ALBION COLLEGE - - 4-06-04 4-01-2003 30100201 ALBION COLLEGE - - 4-06-04 10-01-2003 30100201 ALBION COLLEGE - - 4-06-04 10-01-2003 30100201 ALBION COLLEGE - - 4-06-04 4-01-2004 30100201 ALBION COLLEGE - 1,119.60 4-06-04 4-01-2004 30106902 COLLEGE OF SANTA FE - 960.00 4-06-04 4-01-2004 30106904 COLLEGE OF SANTA FE - 7,365.00 4-06-04 4-01-2004 30108202 DAEMEN COLLEGE(ROSARY HILL COLLEGE) - - 4-06-04 4-01-2004 30111603 FT HAYES STATE UNIVERSITY - 1,200.00 4-06-04 4-01-2004 30114302 HUNTINGDON COLLEGE - DORM 1968 - 2,175.00 4-06-04 4-01-2004 30115502 KANSAS STATE UNIVERSITY 170,000.00 3,081.25 4-06-04 -- 30138801 WEST KERN JR. COLLEGE DISTRICT 13,000.00 235.63 System Credits - -------------------------------------------------------------------------------------------------------------------------------- System Debits - -------------------------------------------------------------------------------------------------------------------------------- Bank Credits from 4/05 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/05 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Bank Debits from 4/05 System Debits (Payment Reversal) - -------------------------------------------------------------------------------------------------------------------------------- Bank Debits representing $1,069.67 3/2004 Service Fee and $1,030.00 1st Qtr Property Inspections ================================================================================================================================ 4-07-04 4-01-2004 30113101 HARPER GRACE HOSPITAL 115,000.00 4,259.37 4-07-04 10-01-2004 30113101 HARPER GRACE HOSPITAL - - 4-07-04 4-01-2004 30115602 KENDALL COLLEGE - 1,980.00 4-07-04 4-01-2004 30116102 LANGSTON UNIVERSITY 125,000.00 7,875.00 4-07-04 4-01-2004 30117801 MARIAN COLLEGE OF FOND DU LAC - 6,525.00 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Bank Credits from 4/06 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/06 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Bank Debits from 4/06 System Debits (Payment Reversal) ================================================================================================================================ 4-08-04 -- 30100201 ALBION COLLEGE - - 4-08-04 4-01-2004 30121301 NIACC DORMITORIES, INC. 2,421.68 744.28 4-08-04 -- 30121301 NIACC DORMITORIES, INC. - - 4-08-04 -- 30121301 NIACC DORMITORIES, INC. - - 4-08-04 4-01-2004 30130903 STEPHEN F AUSTIN STATE UNIVERSITY - 23,574.38 4-08-04 4-01-2004 30132904 TUFTS UNIVERSITY - 29,775.00 4-08-04 4-01-2004 30134901 UNIVERSITY OF MICHIGAN - 14,062.50 4-08-04 4-01-2004 30139503 WEST WASHINGTON STATE COLLEGE - 1,993.75 4-08-04 -- 30139503 WEST WASHINGTON STATE COLLEGE - - 4-08-04 -- 30139503 WEST WASHINGTON STATE COLLEGE - - 4-08-04 4-01-2004 30139504 WESTERN WASHINGTON STATE COLLEGE - 2,625.00 System Credits - -------------------------------------------------------------------------------------------------------------------------------- System Debits - -------------------------------------------------------------------------------------------------------------------------------- Bank Credits from 4/07 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/07 System Credits ================================================================================================================================ 4-12-04 -- 30101303 ARIZONA STATE UNIVERSITY - - 4-12-04 4-01-2004 30129802 SOUTHERN METHODIST UNIVERSITY - 4,020.00 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Bank Credits from 4/08 System Credits (funds duplicated) - -------------------------------------------------------------------------------------------------------------------------------- Bank Credits from 4/08 System Credits (Escrow Held payment) - -------------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/08 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Bank Debits from 4/02 System Debits (Reverse duplicate funds credit) - -------------------------------------------------------------------------------------------------------------------------------- Bank Debits from 4/02 System Debits (Suspense Escrow Disbursement) ================================================================================================================================ 4-13-04 -- 30134002 ARKANSAS STATE TEACHERS COLLEGE - - 4-13-04 -- 30134002 ARKANSAS STATE TEACHERS COLLEGE - - 4-13-04 4-01-2001 30134002 ARKANSAS STATE TEACHERS COLLEGE - - 4-13-04 4-01-2004 30134002 ARKANSAS STATE TEACHERS COLLEGE 75,000.00 2,295.00 4-13-04 10-01-2004 30134002 ARKANSAS STATE TEACHERS COLLEGE - - System Credits - -------------------------------------------------------------------------------------------------------------------------------- System Debits (payment reversal) - -------------------------------------------------------------------------------------------------------------------------------- Bank Credits from 4/12 System Credits (Escrow Held payment) - -------------------------------------------------------------------------------------------------------------------------------- Bank Credits from 4/12 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/12 System Credits ================================================================================================================================ 4-14-04 Bank Credits from 4/13 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Bank Debits from 4/13 System Debits (payment reversal) ================================================================================================================================ 4-20-04 5-01-2004 30104605 CARNEGIE MELLON - - System Credits ================================================================================================================================ 4-21-04 Bank Credits from 4/20 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/20 System Credits ================================================================================================================================ 4-26-04 -- 30101303 ARIZONA STATE UNIVERSITY - - 4-26-04 -- 30101303 ARIZONA STATE UNIVERSITY 165,000.00 7,200.00 System Credits - -------------------------------------------------------------------------------------------------------------------------------- System Debits (payment reversal) ================================================================================================================================ 4-27-04 Bank Credits from 4/26 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/26 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Bank Debits from 4/26 System Debits (payment reversal) ================================================================================================================================ 4-28-04 -- 30100201 ALBION COLLEGE - - 4-28-04 -- 30100201 ALBION COLLEGE - - 4-28-04 4-01-2004 30100201 ALBION COLLEGE - - System Credits - -------------------------------------------------------------------------------------------------------------------------------- System Debits ================================================================================================================================ 4-29-04 Bank Credits from 4/28 System Credits - -------------------------------------------------------------------------------------------------------------------------------- Bank Credits from 4/28 System Credits (Escrow Held Payment) - -------------------------------------------------------------------------------------------------------------------------------- Bank Debits from 4/28 System Debits (payment reversal) ================================================================================================================================ 4-30-04 5-01-2004 30112303 GEORGETOWN UNIVERSITY - - 4-30-04 5-01-2004 30114001 HOOD COLLEGE - - 4-30-04 5-01-2004 30116903 LONG ISLAND UNIVERSITY - - 4-30-04 5-01-2004 30116904 LONG ISLAND UNIVERSITY - - 4-30-04 5-01-2004 30117602 MACALESTER COLLEGE - - System Credits ================================================================================================================================ TOTALS: 2,370,247.73 376,425.29 =========================================== Loans Due in Current Period and Paid in Prior Period: 12-17-03 4-01-2004 30107601 CONCORDIA COL 15,000.00 1,215.00 3-23-04 4-01-2004 30111901 GAVILAN COLLE 11,000.00 525.00 3-29-04 4-01-2004 30116201 LASSEN JUNIOR 20,000.00 5,985.00 3-31-03 4-01-2004 30130301 SOUTHWEST TEX - 27,450.00 3-23-04 4-01-2004 30139001 WEST VALLEY C 45,000.00 4,425.00 ------------------------------------------- TOTALS: 91,000.00 39,600.00 =========================================== Loans Due in Current Period Not Yet Paid: 4-01-2004 30108301 DAKOTA WESLEY - 2,175.00 4-01-2004 30116801 LINFIELD COLL - 1,005.00 4-01-2004 30119301 UNIV OF DETRO - 19,937.50 4-01-2004 30121101 NEW ENGLAND C 8,000.00 1,905.00 4-01-2004 30123001 OLYMPIC COMMU - 1,875.00 4-01-2004 30132402 TEXAS SOUTHER 30,000.00 6,650.00 4-01-2004 30133201 UNIV STU COOP 65,000.00 19,875.00 4-01-2004 30135903 UNIVERSITY OF 55,000.00 9,956.25 ------------------------------------------- TOTALS: 158,000.00 63,378.75 =========================================== GRAND TOTAL: 2,619,247.73 479,404.04 =========================================== ============================================================================================================================ Principal Principal Interest Net System Total Due Balance Paid Paid Suspense Total Paid Credits ============================================================================================================================ 16,650.00 1,110,000.00 1,110,000.00 16,650.00 0.00 1,126,650.00 - - 0.00 11,100.00 0.00 11,100.00 13,613.80 638,366.83 8,826.05 4,787.75 0.00 13,613.80 16,480.00 32,000.00 16,000.00 480.00 0.00 16,480.00 142,537.50 280,000.00 140,000.00 2,537.47 0.00 142,537.47 - - 0.00 0.00 0.03 0.03 - - 0.00 0.00 -0.03 (0.03) 91,687.50 90,000.00 89,900.00 1,687.50 0.00 91,587.50 - - 0.00 0.00 100.00 100.00 - - 0.00 0.00 -100.00 (100.00) 1,402,068.80 - ---------------------------------------------------------------------------------------------------------------------------- (100.03) - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================ - - 0.00 -182.70 0.00 (182.70) - - -13,000.00 -1,317.30 0.00 (14,317.30) - - -180.00 0.00 0.00 (180.00) - - 0.00 0.00 180.00 180.00 - - 0.00 0.00 0.00 - - - 0.00 0.00 -180.00 (180.00) - - 0.00 -1,320.00 0.00 (1,320.00) - - -180.00 0.00 0.00 (180.00) - - -13,000.00 -1,515.00 0.00 (14,515.00) - - 0.00 0.00 30,695.00 30,695.00 14,168.75 169,000.00 11,000.00 3,168.75 0.00 14,168.75 302,700.00 1,180,000.00 285,000.00 17,700.00 0.00 302,700.00 4,650.00 310,000.00 0.00 4,650.00 0.00 4,650.00 120,100.00 340,000.00 115,000.00 5,100.00 0.00 120,100.00 87,386.25 734,000.00 75,000.00 12,386.25 0.00 87,386.25 3,480.00 232,000.00 0.00 3,480.00 0.00 3,480.00 1,050.00 69,999.99 0.00 1,050.00 0.00 1,050.00 42,761.25 42,000.00 42,000.00 761.25 0.00 42,761.25 49,865.00 191,000.00 47,000.00 2,865.00 0.00 49,865.00 2,955.00 197,000.00 0.00 2,955.00 0.00 2,955.00 9,165.00 611,000.00 0.00 9,165.00 0.00 9,165.00 - - 0.00 0.00 599,956.25 599,956.25 33,500.00 224,000.00 30,000.00 3,500.00 0.00 33,500.00 1,302,612.50 - ---------------------------------------------------------------------------------------------------------------------------- (30,875.00) - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================ 36,005.00 67,000.00 35,000.00 1,005.00 0.00 36,005.00 21,300.00 420,000.00 15,000.00 6,300.00 0.00 21,300.00 13,593.75 750,000.00 0.00 13,593.74 0.00 13,593.74 - - 0.00 0.01 0.00 0.01 4,875.00 325,000.00 0.00 4,875.00 0.00 4,875.00 42,575.00 505,000.00 0.00 7,575.00 0.00 7,575.00 32,965.00 131,000.00 31,000.00 1,965.00 0.00 32,965.00 33,060.00 404,000.00 27,000.00 6,060.00 0.00 33,060.00 11,255.00 217,000.00 8,000.00 3,255.00 0.00 11,255.00 25,875.00 325,000.00 21,000.00 4,875.00 0.00 25,875.00 62,523.03 901,535.00 0.00 13,523.03 0.00 13,523.03 - - 49,000.00 0.00 0.00 49,000.00 3,450.00 230,000.00 0.00 3,450.00 0.00 3,450.00 23,005.00 67,000.00 22,000.00 1,005.00 0.00 23,005.00 161,735.00 1,449,000.00 140,000.00 21,735.00 0.00 161,735.00 30,337.50 305,000.00 25,000.00 5,337.50 0.00 30,337.50 52,250.00 150,000.00 50,000.00 2,250.00 0.00 52,250.00 393.75 21,000.00 0.00 393.75 0.00 393.75 11,145.00 742,999.99 0.00 11,145.00 0.00 11,145.00 158,115.00 541,000.00 150,000.00 8,115.00 0.00 158,115.00 41,500.00 80,000.00 40,000.00 1,500.00 0.00 41,500.00 - - 0.00 0.00 -10,000.00 (10,000.00) 82,475.00 165,000.00 80,000.00 2,475.00 0.00 82,475.00 3,825.00 255,000.00 0.00 3,825.00 0.00 3,825.00 8,190.00 546,000.00 0.00 8,190.00 0.00 8,190.00 64,775.00 985,000.00 50,000.00 14,775.00 0.00 64,775.00 14,100.00 112,000.00 12,000.00 2,100.00 0.00 14,100.00 66,112.50 635,000.00 55,000.00 11,112.50 0.00 66,112.50 970,435.53 - ---------------------------------------------------------------------------------------------------------------------------- (10,000.00) - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================ - - 0.00 0.00 -30,695.00 (30,695.00) - - 13,000.00 0.00 0.00 13,000.00 - - 0.00 1,515.00 0.00 1,515.00 - - 0.00 1,320.00 0.00 1,320.00 - - 13,000.00 0.00 0.00 13,000.00 - - 0.00 1,317.30 0.00 1,317.30 1,119.60 75,000.00 0.00 542.70 0.00 542.70 960.00 64,000.00 0.00 960.00 0.00 960.00 7,365.00 491,000.00 0.00 7,365.00 0.00 7,365.00 - - 35,000.00 0.00 0.00 35,000.00 1,200.00 80,000.00 0.00 1,200.00 0.00 1,200.00 2,175.00 145,000.00 0.00 2,175.00 0.00 2,175.00 173,081.25 170,000.00 170,000.00 3,081.25 0.00 173,081.25 13,235.63 13,000.00 13,000.00 235.63 0.00 13,235.63 263,711.88 - ---------------------------------------------------------------------------------------------------------------------------- (30,695.00) - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================ 119,259.37 235,000.00 115,000.00 4,259.30 0.00 119,259.30 - - 0.00 0.08 0.00 0.08 1,980.00 132,000.00 0.00 1,980.00 0.00 1,980.00 132,875.00 525,000.00 125,000.00 7,875.00 0.00 132,875.00 6,525.00 435,000.00 0.00 6,525.00 0.00 6,525.00 260,639.38 - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================ - - 0.00 0.00 1,305.00 1,305.00 3,165.96 49,618.73 2,421.68 744.28 0.00 3,165.96 - - 0.00 0.00 0.01 0.01 - - 0.00 0.00 -0.01 (0.01) 23,574.38 1,397,000.00 0.00 23,574.38 0.00 23,574.38 29,775.00 1,985,000.00 0.00 29,775.00 0.00 29,775.00 14,062.50 750,000.00 0.00 14,062.50 0.00 14,062.50 1,993.75 110,000.00 0.00 1,993.71 0.00 1,993.71 - - 0.00 0.00 0.04 0.04 - - 0.00 0.00 -0.04 (0.04) 2,625.00 140,000.00 0.00 2,625.00 0.00 2,625.00 76,501.60 - ---------------------------------------------------------------------------------------------------------------------------- (0.05) - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================ - - 0.00 0.00 480,000.00 480,000.00 4,020.00 268,000.00 0.00 4,020.00 0.00 4,020.00 484,020.00 - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================ - - 0.00 0.00 -75,000.00 (75,000.00) - - 0.00 0.00 -78,000.00 (78,000.00) - - 75,000.00 0.00 0.00 75,000.00 77,295.00 153,000.00 75,000.00 2,295.00 0.00 77,295.00 - - 0.00 705.00 0.00 705.00 153,000.00 - ---------------------------------------------------------------------------------------------------------------------------- (153,000.00) - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================ - ---------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================ - - 25,000.00 12,300.00 0.00 37,300.00 37,300.00 ============================================================================================================================ - ---------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================ - - 0.00 0.00 -480,000.00 (480,000.00) 172,200.00 480,000.00 480,000.00 7,200.00 0.00 487,200.00 487,200.00 - ---------------------------------------------------------------------------------------------------------------------------- (480,000.00) ============================================================================================================================ - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================ - - 0.00 0.00 -1,305.00 (1,305.00) - - 0.00 0.00 728.10 728.10 - - 0.00 576.90 0.00 576.90 1,305.00 - ---------------------------------------------------------------------------------------------------------------------------- (1,305.00) ============================================================================================================================ - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- ============================================================================================================================ - - 102,294.11 4,672.62 0.00 106,966.73 - - 0.00 4,005.62 0.00 4,005.62 - - 10,187.95 1,992.95 0.00 12,180.90 - - 35,612.95 6,966.54 0.00 42,579.49 - - 9,103.36 5,648.30 0.00 14,751.66 180,484.40 ============================================================================================================================ 2,746,673.02 24,477,520.54 4,051,986.10 423,633.56 437,684.35 4,913,304.01 4,913,304.01 ============================================================================================================================ 16,215.00 81,000.00 11,525.00 35,000.00 25,985.00 399,000.00 27,450.00 1,830,000.00 49,425.00 295,000.00 - ---------------------------------------------- 130,600.00 2,640,000.00 ============================================== 2,175.00 145,000.00 1,005.00 67,000.00 19,937.50 1,100,000.00 9,905.00 127,000.00 1,875.00 125,000.00 36,650.00 380,000.00 84,875.00 1,325,000.00 64,956.25 590,000.00 - ---------------------------------------------- 221,378.75 3,859,000.00 ============================================== 3,098,651.77 30,976,520.54 ============================================== ============================================= Total Bank First Chicago ACH Debits and Credits Wires Other Wires ============================================= - --------------------------------------------- - --------------------------------------------- 27,450.00 - --------------------------------------------- 27,450.00 ============================================= - --------------------------------------------- - --------------------------------------------- 1,401,968.77 - --------------------------------------------- 100.03 - --------------------------------------------- 1,401,968.77 - --------------------------------------------- 100.03 ============================================= - --------------------------------------------- - --------------------------------------------- 671,781.25 - --------------------------------------------- 630,831.25 - --------------------------------------------- 1,269,637.83 - --------------------------------------------- 30,695.00 - --------------------------------------------- 180.00 ============================================= - --------------------------------------------- - --------------------------------------------- 970,435.53 - --------------------------------------------- 960,435.53 - --------------------------------------------- 10,000.00 - --------------------------------------------- 2,099.67 ============================================= - --------------------------------------------- 263,711.88 - --------------------------------------------- 233,016.88 - --------------------------------------------- 30,695.00 ============================================= - --------------------------------------------- - --------------------------------------------- 260,639.38 - --------------------------------------------- 260,639.38 ============================================= - --------------------------------------------- 150,393.10 - --------------------------------------------- 1,305.05 - --------------------------------------------- 76,501.55 - --------------------------------------------- 75,196.55 - --------------------------------------------- 0.05 ============================================= - --------------------------------------------- - --------------------------------------------- 480,000.00 - --------------------------------------------- 4,020.00 - --------------------------------------------- 484,020.00 ============================================= 153,000.00 - --------------------------------------------- 153,000.00 ============================================= ============================================= 37,300.00 - --------------------------------------------- 37,300.00 ============================================= - --------------------------------------------- ============================================= 487,200.00 - --------------------------------------------- 7,200.00 - --------------------------------------------- 480,000.00 ============================================= - --------------------------------------------- ============================================= 576.90 - --------------------------------------------- 728.10 - --------------------------------------------- 1,305.00 ============================================= ============================================= 5,541,441.24 4,758,169.94 783,271.30 =============================================
College and University Loan Trust II Remittance Report Reconciliation April-04 Total System Credits @ 4/30 4,913,304.01 ------------ Total Bank Credits 5,541,441.24 ------------ 4/1/2004 Deposit in Transit (27,450.00) 4/1/2004 Payment Reversal (100.03) 4/2/2004 Payment Reversal (30,875.00) 4/5/2004 Payment Reversal (10,000.00) 4/6/2004 Payment Reversal (30,695.00) 4/12/2004 Escrow Held Payment (1,305.05) 4/12/2004 Bank Error - Bank Credit duplication (75,196.55) 4/13/2004 Payment Reversal (153,000.00) 4/26/2004 Payment Reversal (480,000.00) 4/30/2004 Deposit in Transit 180,484.40 Adjusted Bank Credits: 4,913,304.01 ============ GMAC Commercial Mortgage College and University Loan Trust II Remittance Report Reconciliation April-04 Total System/Bank Credits @ 4/30 4,913,304.01 ============ Total Debits to Trustee@ 4/30 4,758,169.94 ============ 4/1/2004 Deposit in transit (27,450.00) 4/6/2004 Withheld funds for 1st Qtr Property Inspection 1,030.00 4/6/2004 Withheld funds for 3/2004 Service Fee 1,069.67 4/30/2004 Deposit in transit 180,484.40 Adjusted Debits to Trustee 4,913,304.01 ============ GMAC Commercial Mortgage College and University Loan Trust II Remittance Report for May 2004
============================================================================================================================ Date GMACCM Principal Interest Total Received Date Due Number Borrower Name Due Due Due ============================================================================================================================ 5-03-04 5-01-2004 30102602 BENEDICT COLLEGE - 412.50 412.50 5-03-04 5-01-2004 30102603 BENEDICT COLLEGE - 4,980.00 4,980.00 5-03-04 5-01-2004 30102604 BENEDICT COLLEGE - 22,980.00 22,980.00 5-03-04 5-01-2004 30103302 BRANDEIS UNIVERSITY 11,100.08 2,985.76 14,085.84 5-03-04 -- 30103302 BRANDEIS UNIVERSITY - - - 5-03-04 5-01-2004 30104604 CARNEGIE MELLON 25,000.00 2,550.00 27,550.00 5-03-04 5-01-2004 30105802 CHAPMAN COLLEGE - 1,605.00 1,605.00 5-03-04 5-01-2004 30105803 CHAPMAN COLLEGE - 1,680.00 1,680.00 5-03-04 5-01-2004 30106702 COLLEGE OF SAINT ROSE 16,094.57 11,825.93 27,920.50 5-03-04 5-01-2004 30107701 CONCORDIA COLLEGE 30,000.00 9,225.00 39,225.00 5-03-04 5-01-2004 30110802 FAIRLEIGH DICKINSON UNIV - 20,250.00 20,250.00 5-03-04 5-01-2004 30111301 FLORIDA INSTITUTE OF TECHNOLOGY - 1,740.00 1,740.00 5-03-04 5-01-2004 30112301 GEORGETOWN UNIVERSITY - 35,985.00 35,985.00 5-03-04 5-01-2004 30112302 GEORGETOWN UNIVERSITY - 124,100.00 124,100.00 5-03-04 5-01-2004 30117402 LYCOMING COLLEGE 14,000.00 3,425.63 17,425.63 5-03-04 5-01-2004 30117403 LYCOMING COLLEGE 20,000.00 4,968.75 24,968.75 5-03-04 5-01-2004 30119202 MERCER UNIV. ACCOUNTING OFFICE 14,841.62 5,447.73 20,289.35 5-03-04 5-01-2004 30120402 MORAVIAN COLLEGE - 2,733.75 2,733.75 5-03-04 5-01-2004 30120601 MORGAN STATE UNIVERSTIY 66,839.58 25,904.58 92,744.16 5-03-04 5-01-2004 30120701 MORRIS BROWN COLLEGE 25,000.00 1,987.50 26,987.50 5-03-04 5-01-2004 30120801 MORRIS COLLEGE - 5,520.00 5,520.00 5-03-04 5-01-2004 30122302 NORTHEASTERN UNIVERSITY 69,611.00 37,588.57 107,199.57 5-03-04 5-01-2004 30122302 NORTHEASTERN UNIVERSITY - - - 5-03-04 -- 30122303 NORTHEASTERN UNIVERSITY 13,129.36 196.94 13,326.30 5-03-04 5-01-2004 30125102 REGIS COLLEGE - 5,625.00 5,625.00 5-03-04 5-01-2004 30125504 RIDER COLLEGE - 24,468.75 24,468.75 5-03-04 11-01-2004 30125504 RIDER COLLEGE - - - 5-03-04 5-01-2004 30125506 RIDER COLLEGE 20,000.00 5,430.00 25,430.00 5-03-04 5-01-2004 30125506 RIDER COLLEGE - - - 5-03-04 5-01-2004 30128001 SAINT VINCENT COLLEGE 40,000.00 8,487.50 48,487.50 5-03-04 5-01-2004 30128401 UNIVERSITY OF ILLINOIS 30,000.00 14,850.00 44,850.00 5-03-04 5-01-2004 30128802 SETON HILL COLLEGE - 4,658.12 4,658.12 5-03-04 5-01-2004 30130703 SPRINGFIELD COLLEGE 35,000.00 6,177.50 41,177.50 5-03-04 5-01-2004 30134304 UNIVERSITY OF DELAWARE - 7,500.00 7,500.00 5-03-04 5-01-2004 30135601 UNIVERSITY OF NORTH CAROLINA - 3,030.00 3,030.00 5-03-04 5-01-2004 30138702 WESLEY COLLEGE 16,000.00 2,801.25 18,801.25 5-03-04 11-01-2004 30140201 WHEELOCH COLLEGE 1,076.49 269.37 1,345.86 5-03-04 5-01-2004 30140502 WITTENBERG UNIVERSITY 45,000.00 9,225.00 54,225.00 5-03-04 5-01-2004 30140503 WITTENBERG UNIVERSITY - 2,895.00 2,895.00 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 4/30 System Credits (funds duplicated) - ---------------------------------------------------------------------------------------------------------------------------- Bank Debits to reversal duplicate System Credits from 4/30 - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 4/30 System Credits ============================================================================================================================ 5-04-04 -- 30102401 BELLARMINE COLLEGE 9,999.97 181.25 10,181.22 5-04-04 -- 30102401 BELLARMINE COLLEGE - - - 5-04-04 -- 30102401 BELLARMINE COLLEGE - - - 5-04-04 -- 30103302 BRANDEIS UNIVERSITY - - - 5-04-04 5-01-2004 30103901 CALIFORNIA STATE COLLEGES - 7,275.00 7,275.00 5-04-04 5-01-2004 30104001 CALIFORNIA STATE UNIVERSITY, - 2,100.00 2,100.00 5-04-04 5-01-2004 30104102 CALIFORNIA STATE UNIVERSITY, - 13,575.00 13,575.00 5-04-04 5-01-2004 30104201 TRUST SERVICES DIVISION - 32,670.00 32,670.00 5-04-04 -- 30104502 CANISIUS COLLEGE CONST & CONSO BND 1967 - 19,125.00 19,125.00 5-04-04 -- 30104502 CANISIUS COLLEGE CONST & CONSO BND 1967 - - - 5-04-04 5-01-2004 30111802 GANNON UNIV. - DORM BOND 1969, SER A - 7,350.00 7,350.00 5-04-04 5-01-2004 30116902 LONG ISLAND UNIVERSITY 123,000.00 4,687.50 127,687.50 5-04-04 5-01-2004 30117501 LYNCHBURG COLLEGE 30,000.00 7,462.50 37,462.50 5-04-04 5-01-2004 30117502 LYNCHBURG COLLEGE 30,000.00 8,100.00 38,100.00 5-04-04 5-01-2004 30118302 MARY BALDWIN COLLEGE 30,000.00 5,113.13 35,113.13 5-04-04 5-01-2004 30119801 MILLSAPS COLLEGE - 7,440.00 7,440.00 5-04-04 -- 30120704 MORRIS BROWN COLLEGE 41,000.00 768.75 41,768.75 5-04-04 5-01-2004 30120705 MORRIS BROWN COLLEGE 55,000.00 15,375.00 70,375.00 5-04-04 5-01-2004 30120706 MORRIS BROWN COLLEGE 35,000.00 4,050.00 39,050.00 5-04-04 5-01-2004 30124901 RANDOLPH MACON COLLEGE 12,000.00 2,880.00 14,880.00 5-04-04 5-01-2004 30126102 RUTGERS, THE STATE UNIVERSITY 35,000.00 10,406.25 45,406.25 5-04-04 5-01-2004 30127602 SAINT MICHAELS COLLEGE 65,464.70 21,395.30 86,860.00 5-04-04 5-01-2004 30128301 CALIFORNIA STATE COLLEGES - 5,475.00 5,475.00 5-04-04 5-01-2004 30128602 SEATTLE UNIVERSITY - 1967 PHYS ED - 4,230.00 4,230.00 5-04-04 5-01-2004 30132601 TRANSYLVANIA UNIVERSITY - 4,530.00 4,530.00 5-04-04 5-01-2004 30133301 UNIVERSITY OF ALABAMA - 15,750.00 15,750.00 5-04-04 11-01-2004 30133301 UNIVERSITY OF ALABAMA - - - 5-04-04 -- 30133802 UNIV OF LITTLE ROCK ARKANSAS - 1,545.00 1,545.00 5-04-04 5-01-2004 30138101 VIRGINIA WESELAN COLLEGE - 2,925.00 2,925.00 5-04-04 5-01-2004 30138102 VIRGINA ST WESELEYAN COLLEGE - 1,920.00 1,920.00 System Credits - ---------------------------------------------------------------------------------------------------------------------------- System Debits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 5/03 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 5/03 System Credits (principal curtailment) - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 5/03 System Credits ============================================================================================================================ 5-05-04 5-01-2004 30102802 BETHANY COLLEGE - DORM BOND 1965 - 3,560.63 3,560.63 5-05-04 5-01-2004 30102803 BETHANY COLLEGE - HALL BOND 1967 - 3,450.00 3,450.00 5-05-04 5-01-2004 30110401 EMMANUEL COLLEGE - 1,815.00 1,815.00 5-05-04 -- 30133802 UNIV OF LITTLE ROCK ARKANSAS - - - 5-05-04 -- 30133802 UNIV OF LITTLE ROCK ARKANSAS - - - 5-05-04 -- 30133802 UNIV OF LITTLE ROCK ARKANSAS - - - 5-05-04 5-01-2004 30140102 WHEELING COLLEGE - 600.00 600.00 System Credits - ---------------------------------------------------------------------------------------------------------------------------- System Debits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 5/04 System Credits (payment reversal) - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 5/04 System Credits (Escrow Held Payment) - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 5/04 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Debits from System Debits from 5/04 (Suspense Escrow Disbursement) ============================================================================================================================ 5-06-04 5-01-2004 30102804 BETHANY COLLEGE - NOTE OF 1973 17,500.00 5,700.00 23,200.00 5-06-04 5-01-2004 30113801 HOFSTRA UNIVERSITY 71,001.94 21,821.78 92,823.72 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 5/05 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 5/05 System Credits (Less 4/2004 Service Fee in the amount of $11,753.27) - ---------------------------------------------------------------------------------------------------------------------------- Bank Debits from 5/05 System Debits (payment reversal) ============================================================================================================================ 5-07-04 5-01-2004 30141001 YORK HOSPITAL 15,000.00 4,605.00 19,605.00 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 5/06 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 5/06 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Debits representing 4/2004 Service Fee ============================================================================================================================ 5-10-04 Bank Credits from 5/07 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 5/07 System Credits ============================================================================================================================ 5-11-04 5-01-2004 30100301 ALBRIGHT COLLEGE - 6,120.00 6,120.00 5-11-04 5-01-2004 30109502 DREXEL UNIVERSITY 80,000.00 16,800.00 96,800.00 5-11-04 5-01-2004 30118401 MARYMOUNT UNIVERSITY 35,000.00 7,650.00 42,650.00 5-11-04 -- 30135903 UNIVERSITY OF PORTLAND - - - 5-11-04 -- 30135903 UNIVERSITY OF PORTLAND - - - 5-11-04 -- 30135903 UNIVERSITY OF PORTLAND - - - 5-11-04 -- 30135903 UNIVERSITY OF PORTLAND - - - System Credits - ---------------------------------------------------------------------------------------------------------------------------- System Debits (payment reversal) ============================================================================================================================ 5-12-04 4-01-2004 30116801 LINFIELD COLLEGE - HALL BONDS 1968 - - - 5-12-04 10-01-2004 30116801 LINFIELD COLLEGE - HALL BONDS 1968 - - - 5-12-04 4-01-2004 30119301 MERCY COLLEGE - - - 5-12-04 -- 30135903 UNIVERSITY OF PORTLAND - - - 5-12-04 5-01-2004 30137501 UTICA COLLEGE OF SYRACUSE - 4,635.00 4,635.00 5-12-04 11-01-2004 30137501 UTICA COLLEGE OF SYRACUSE - - - System Credits - ---------------------------------------------------------------------------------------------------------------------------- System Debits (payment reversal) - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 5/11 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 5/11 System Credits (Escrow Held Payment) - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 5/11 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Debits from 5/11 System Debits (payment reversal) ============================================================================================================================ 5-13-04 4-01-2004 30121101 NEW ENGLAND COLLEGE - - - System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 5/12 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 5/12 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Debits from 5/12 System Debits (payment reversal) ============================================================================================================================ 5-14-04 5-15-2004 30130704 SPRINGFIELD COLLEGE 7,104.14 324.50 7,428.64 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 5/13 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 5/13 System Credits ============================================================================================================================ 5-17-04 Bank Credits from 5/14 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 5/14 System Credits ============================================================================================================================ 5-18-04 5-01-2004 30100103 ALABAMA AGRICULTURAL 85,000.00 23,250.00 108,250.00 5-18-04 5-01-2004 30106802 COLLEGE OF ST. THOMAS - 4,860.00 4,860.00 System Credits ============================================================================================================================ 5-19-04 Bank Credits from 5/18 System Credits ============================================================================================================================ 5-20-04 6-01-2004 30105101 CATAWBA COLLEGE - - - 5-20-04 4-01-2004 30132402 TEXAS SOUTHERN UNIVERSITY - - - System Credits ============================================================================================================================ 5-21-04 Bank Credits from 5/20 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 5/20 System Credits ============================================================================================================================ 5-24-04 Wire to ED I Acct for 5/18 System Credits. Wire incorrectly sent to Trustee from ED I account. ============================================================================================================================ 5-26-04 6-01-2004 30127402 ST MARY'S COLLEGE - - - System Credits ============================================================================================================================ 5-27-04 6-01-2004 30113501 HIGH POINT COLLEGE - - - 5-27-04 6-01-2004 30134305 UNIVERSITY OF DELAWARE - - - System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 5/26 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 5/26 System Credits ============================================================================================================================ 5-28-04 -- 30123103 OUACHITA BAPTIST UNIVERSITY - - - System Credits - ---------------------------------------------------------------------------------------------------------------------------- Bank Credits from 5/27 System Credits - ---------------------------------------------------------------------------------------------------------------------------- Wire to Trustee for 5/27 System Credits ============================================================================================================================ TOTALS: 1,269,763.45 735,031.72 2,004,795.17 ============================================= Loans Due in Current Period and Paid in Prior Period: 4-20-04 5-01-2004 30104605 CARNEGIE-MELL 25,000.00 12,300.00 37,300.00 4-30-04 5-01-2004 30112303 GEORGETOWN UN 102,294.11 4,672.62 106,966.73 4-30-04 5-01-2004 30114001 HOOD COLLEGE - 4,005.62 4,005.62 4-30-04 5-01-2004 30116903 LONG ISLAND U 10,187.95 1,992.95 12,180.90 4-30-04 5-01-2004 30116904 LONG ISLAND U 35,612.95 6,966.54 42,579.49 4-30-04 5-01-2004 30117602 MACALESTER CO 9,103.36 5,648.30 14,751.66 --------------------------------------------- TOTALS: 182,198.37 35,586.03 217,784.40 ============================================= Loans Due in Current Period Not Yet Paid: 5-01-2004 30103001 BOSTON ARCHIT - 337.50 337.50 5-01-2004 30127801 ST PAULS COLL 14,602.64 5,659.45 20,262.09 --------------------------------------------- TOTALS: 14,602.64 5,996.95 20,599.59 ============================================= GRAND TOTAL: 1,466,564.46 776,614.70 2,243,179.16 ============================================= =============================================================================================== Principal Principal Interest Total Net System Balance Paid Paid Suspense Paid Credits =============================================================================================== 22,000.00 0.00 412.50 0.00 412.50 332,000.00 0.00 4,980.00 0.00 4,980.00 1,532,000.00 0.00 22,980.00 0.00 22,980.00 199,050.89 11,100.08 2,985.76 0.00 14,085.84 - 0.00 0.00 0.01 0.01 170,000.00 25,000.00 2,550.00 0.00 27,550.00 107,000.00 0.00 1,605.00 0.00 1,605.00 112,000.00 0.00 1,680.00 0.00 1,680.00 788,394.88 16,094.57 11,825.93 0.00 27,920.50 615,000.00 30,000.00 9,225.00 0.00 39,225.00 1,350,000.00 0.00 20,250.00 0.00 20,250.00 116,000.00 0.00 1,740.00 0.00 1,740.00 2,399,000.00 0.00 35,985.00 0.00 35,985.00 6,205,000.00 0.00 124,100.00 0.00 124,100.00 189,000.00 14,000.00 3,425.63 0.00 17,425.63 264,999.99 20,000.00 4,968.75 0.00 24,968.75 363,182.06 14,841.62 5,447.73 0.00 20,289.35 162,000.00 0.00 2,733.75 0.00 2,733.75 1,726,972.58 66,839.58 25,904.58 0.00 92,744.16 106,000.00 25,000.00 1,987.50 0.00 26,987.50 368,000.00 0.00 5,520.00 0.00 5,520.00 2,505,904.63 69,611.00 37,588.57 0.00 107,199.57 - 0.01 0.00 0.00 0.01 13,129.36 13,129.36 192.13 0.00 13,321.49 375,000.00 0.00 5,625.00 0.00 5,625.00 1,350,000.00 0.00 24,468.69 0.00 24,468.69 - 0.00 0.08 0.00 0.08 362,000.00 20,000.00 0.00 0.00 20,000.00 - 0.00 5,430.00 0.00 5,430.00 485,000.00 40,000.00 8,487.50 0.00 48,487.50 990,000.00 30,000.00 14,850.00 0.00 44,850.00 257,000.00 0.00 4,658.12 0.00 4,658.12 353,000.00 35,000.00 6,177.50 0.00 41,177.50 500,000.00 0.00 7,500.00 0.00 7,500.00 202,000.00 0.00 3,030.00 0.00 3,030.00 166,000.00 16,000.00 2,801.25 0.00 18,801.25 17,957.93 1,092.64 253.22 0.00 1,345.86 615,000.00 45,000.00 9,225.00 0.00 54,225.00 193,000.00 0.00 2,895.00 0.00 2,895.00 916,198.06 - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- =============================================================================================== 19,999.94 9,999.97 181.25 0.00 10,181.22 - 0.00 0.00 0.03 0.03 - 0.00 0.00 -0.03 (0.03) - 0.00 0.00 -0.01 (0.01) 485,000.00 0.00 7,275.00 0.00 7,275.00 140,000.00 0.00 2,100.00 0.00 2,100.00 905,000.00 0.00 13,575.00 0.00 13,575.00 2,178,000.00 0.00 32,670.00 0.00 32,670.00 1,275,000.00 1,275,000.00 19,125.00 0.00 1,294,125.00 - 0.00 19,125.00 0.00 19,125.00 489,999.98 0.00 7,350.00 0.00 7,350.00 249,999.99 123,000.00 4,687.50 0.00 127,687.50 398,000.00 30,000.00 7,462.50 0.00 37,462.50 540,000.00 30,000.00 8,100.00 0.00 38,100.00 303,000.00 30,000.00 5,113.13 0.00 35,113.13 496,000.00 0.00 7,440.00 0.00 7,440.00 41,000.00 41,000.00 773.02 0.00 41,773.02 1,025,000.00 55,000.00 15,375.00 0.00 70,375.00 270,000.00 35,000.00 4,050.00 0.00 39,050.00 192,000.00 12,000.00 2,880.00 0.00 14,880.00 555,000.00 35,000.00 10,406.25 0.00 45,406.25 1,426,353.44 65,464.70 21,395.30 0.00 86,860.00 365,000.00 0.00 5,475.00 0.00 5,475.00 282,000.00 0.00 4,230.00 0.00 4,230.00 302,000.00 0.00 4,530.00 0.00 4,530.00 1,050,000.00 0.00 15,749.99 0.00 15,749.99 - 0.00 0.01 0.00 0.01 103,000.00 0.00 0.00 1,545.00 1,545.00 195,000.00 0.00 2,925.00 0.00 2,925.00 128,000.00 0.00 1,920.00 0.00 1,920.00 1,966,923.65 - ----------------------------------------------------------------------------------------------- (0.04) - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- =============================================================================================== 211,000.00 0.00 3,560.63 0.00 3,560.63 230,000.00 0.00 3,450.00 0.00 3,450.00 121,000.00 0.00 1,815.00 0.00 1,815.00 - 0.00 0.00 -1,545.00 (1,545.00) - 103,000.00 1,545.00 0.00 104,545.00 - 0.00 1,030.00 0.00 1,030.00 40,000.00 0.00 600.00 0.00 600.00 115,000.63 - ----------------------------------------------------------------------------------------------- (1,545.00) - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- =============================================================================================== 380,000.00 17,500.00 5,700.00 0.00 23,200.00 1,454,785.56 71,001.94 21,821.78 0.00 92,823.72 116,023.72 - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- =============================================================================================== 307,000.00 15,000.00 4,605.00 0.00 19,605.00 19,605.00 - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- =============================================================================================== - ----------------------------------------------------------------------------------------------- =============================================================================================== 408,000.00 0.00 6,120.00 0.00 6,120.00 960,000.00 80,000.00 16,800.00 0.00 96,800.00 510,000.00 35,000.00 7,650.00 0.00 42,650.00 - 0.00 0.00 2,675.00 2,675.00 - 0.00 0.00 -599,956.25 (599,956.25) - 590,000.00 9,956.25 0.00 599,956.25 - 0.00 2,675.00 0.00 2,675.00 750,876.25 - ----------------------------------------------------------------------------------------------- (599,956.25) =============================================================================================== - 0.00 1,004.98 0.00 1,004.98 - 0.00 0.02 0.00 0.02 - 0.00 19,937.50 0.00 19,937.50 - 0.00 0.00 -2,675.00 (2,675.00) 309,000.00 0.00 4,634.99 0.00 4,634.99 - 0.00 0.01 0.00 0.01 25,577.50 - ----------------------------------------------------------------------------------------------- (2,675.00) - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- =============================================================================================== - 8,000.00 1,905.00 0.00 9,905.00 9,905.00 - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- =============================================================================================== 21,633.55 7,104.14 324.50 0.00 7,428.64 7,428.64 - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- =============================================================================================== - ----------------------------------------------------------------------------------------------- =============================================================================================== 1,550,000.00 85,000.00 23,250.00 0.00 108,250.00 324,000.00 0.00 4,860.00 0.00 4,860.00 113,110.00 =============================================================================================== =============================================================================================== - 12,000.00 2,235.00 0.00 14,235.00 - 30,000.00 6,650.00 0.00 36,650.00 50,885.00 =============================================================================================== - ----------------------------------------------------------------------------------------------- =============================================================================================== =============================================================================================== - 9,000.00 5,265.00 0.00 14,265.00 14,265.00 =============================================================================================== - 14,000.00 3,150.00 0.00 17,150.00 - 15,000.00 8,235.00 0.00 23,235.00 40,385.00 - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- =============================================================================================== - 12,000.00 360.00 0.00 12,360.00 12,360.00 - ----------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------- =============================================================================================== 45,753,364.78 3,337,779.61 816,543.80 (599,956.25) 3,554,367.16 3,554,367.16 =============================================================================================== 820,000.00 311,508.31 221,000.00 132,863.23 464,435.94 376,553.11 - ------------------ 2,326,360.59 ================== 18,000.00 377,296.99 - ------------------ 395,296.99 ================== 48,475,022.36 ================== =============================================== Total Bank First Chicago ACH Debits and Credits Wires Other Wires =============================================== - ----------------------------------------------- 360,968.80 - ----------------------------------------------- 180,484.40 - ----------------------------------------------- 180,484.40 =============================================== - ----------------------------------------------- - ----------------------------------------------- 916,198.05 - ----------------------------------------------- 0.01 - ----------------------------------------------- 916,198.06 =============================================== - ----------------------------------------------- - ----------------------------------------------- 1,965,378.62 - ----------------------------------------------- 1,545.03 - ----------------------------------------------- 1,966,923.61 - ----------------------------------------------- 0.04 =============================================== - ----------------------------------------------- 115,000.63 - ----------------------------------------------- 101,702.36 - ----------------------------------------------- 1,545.00 =============================================== - ----------------------------------------------- 116,023.72 - ----------------------------------------------- 116,023.72 - ----------------------------------------------- 11,753.27 =============================================== 19,605.00 - ----------------------------------------------- 19,605.00 =============================================== - ----------------------------------------------- =============================================== - ----------------------------------------------- - ----------------------------------------------- 748,201.25 - ----------------------------------------------- 2,675.00 - ----------------------------------------------- 150,920.00 - ----------------------------------------------- 599,956.25 =============================================== - ----------------------------------------------- 25,577.50 - ----------------------------------------------- 22,902.50 - ----------------------------------------------- 2,675.00 =============================================== - ----------------------------------------------- 9,905.00 - ----------------------------------------------- 9,905.00 =============================================== 7,428.64 - ----------------------------------------------- 7,428.64 =============================================== =============================================== 113,110.00 =============================================== =============================================== 50,885.00 - ----------------------------------------------- 50,885.00 =============================================== 113,110.00 =============================================== =============================================== - ----------------------------------------------- 14,265.00 - ----------------------------------------------- 14,265.00 =============================================== - ----------------------------------------------- 40,385.00 - ----------------------------------------------- 40,385.00 =============================================== 4,507,152.25 3,710,738.29 796,413.96 ================================================
College and University Loan Trust II Remittance Report Reconciliation May-04 Total System Credits @ 5/31 3,554,367.16 ------------ Total Bank Credits 4,507,152.25 ------------ 5/3/2004 Deposit in Transit (duplicate transaction) (360,968.80) 5/4/2004 Suspense Escrow Disbursement (0.04) 5/5/2004 Payment Reversal (1,545.00) 5/11/2004 Payment Reversal (599,956.25) 5/12/2004 Payment Reversal (2,675.00) 5/28/2004 Deposit in Transit 12,360.00 Adjusted Bank Credits: 3,554,367.16 ============ GMAC Commercial Mortgage College and University Loan Trust II Remittance Report Reconciliation May-04 Total System/Bank Credits @ 5/31 3,554,367.16 ============ Total Debits to Trustee@ 5/31 3,710,738.29 ============ 5/3/2004 Deposit in Transit (180,484.40) 5/6/2004 Withheld funds for 4/2004 Service Fee 11,753.27 5/28/2004 Deposit in Transit 12,360.00 Adjusted Debits to Trustee 3,554,367.16 ============ EX-99.906 6 ex99_906.txt CERTIFICATION EX-99.906CERT CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 I, Bryan Calder, Executive Vice President of US Bank, the Owner Trustee of College and University Facility Loan Trust Two (the "Registrant"), hereby certifies that: 1. the Registrant's report on Form N-CSR (the "Report") for the period ended May 31, 2004 fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and 2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant. Date: August 24, 2004 --------------- By: /s/ Bryan Calder ------------------------ Executive Vice President A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to the Registrant and will be retained by the Registrant and furnished to the Securities and Exchange Commission or its staff upon request. This certification is being furnished to the Commission solely pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and is not being filed as part of the Report filed with the Commission. -----END PRIVACY-ENHANCED MESSAGE-----