| 1A - Delinquent Payments. The loan is secured by a 56,165 sf office property in Panama City, FL built in 1946 and renovated in 2006. The property was inspected on 09/22/08; rated in Good condition. The YE 2008 NCF DSCR is 1.21 with an occ of 100%. The loan was placed on the watchlist due to the delinquency of the July and August 2009 payments. Primary servicer indicated that they received all of the July 2009 payment except the principal portion due of 11,232.36. The Borrower paid the delinquent principal portion due of $11,232.36 on 08/11/2009. The loan is now due for the 08/01/09 & 09/01/09 payments. Per primary servicer, the Borrower again did not send in the full amount due for the 08/01/09 payment. The total amount due for the 08/01/09 payment is $44,536.92, and Borrower sent in an amount of $21,109.56. The amount currently due for 08/01/09 is $23,427.36 Borrower indicated to primary servicer in late Aug 2009 that they are working on getting arrangements made to make up for the outstanding shortage; but, did not provide a date on when the shortage will be submitted. Primary servicer will continue their efforts to collect the delinquent payments.Bank of America will continue to monitor the loan.1A - Delinquent Payments. The loan is secured by a 56,165 sf office property in Panama City, FL built in 1946 and renovated in 2006. The property was inspected on 09/22/08; rated in Good condition. The YE 2008 NCF DSCR is 1.21 with an occ of 100%. The loan was placed on the watchlist due to the delinquency of the July and August 2009 payments. Primary servicer indicated that they received all of the July 2009 payment except the principal portion due of 11,232.36. The Borrower paid the delinquent principal portion due of $11,232.36 on 08/11/2009. The loan is now due for the 08/01/09 & 09/01/09 payments. Per primary servicer, the Borrower again did not send in the full amount due for the 08/01/09 payment. The total amount due for the 08/01/09 payment is $44,536.92, and Borrower sent in an amount of $21,109.56. The amount currently due for 08/01/09 is $23,427.36 Borrower indicated to primary servicer in late Aug 2009 that they are working on getting arrangements made to make up for the outstanding shortage; but, did not provide a date on when the shortage will be submitted. Primary servicer will continue their efforts to collect the delinquent payments.Bank of America will continue to monitor the loan.
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