CERTIFICATION



Re:	Morgan Stanley Bank of America
Merrill Lynch Trust 2012-C5, Commercial Mortgage Pass-Through Certificates, Series 2012-C5(the “Transaction”),
issued pursuant to the Pooling and Servicing Agreement dated as of July 1, 2012 (the “Pooling and Servicing Agreement”),
executed in connection with the Transaction (capitalized terms used but not defined herein have the meanings set forth in the
Pooling and Servicing Agreement).





---



I, George Kok, certify that:



1.     I have reviewed this report on Form 10-K and all reports
on Form 10-D required to be filed in respect of the period covered by this report on Form 10-K of Morgan Stanley Bank of America
Merrill Lynch Trust 2012-C5 (the “Exchange Act periodic reports”);



2.     Based on my knowledge, the Exchange Act periodic reports,
taken as a whole, do 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, all of the distribution, servicing
and other information required to be provided under Form 10-D for the period covered by this report is included in the Exchange
Act periodic reports;



4.     Based on my knowledge and the servicer compliance statement(s)
required in this report under Item 1123 of Regulation AB, and except as disclosed in the Exchange Act periodic reports, the servicer(s)
have fulfilled their obligations under the servicing agreement(s) in all material respects; and



5.     All of the reports on assessment of compliance with servicing
criteria for asset-backed securities and their related attestation reports on assessment of compliance with servicing criteria
for asset-backed securities required to be included in this report in accordance with Item 1122 of Regulation AB and Exchange Act
Rules 13a-18 and 15d-18 have been included as an exhibit to this report, except as otherwise disclosed in this report. Any material
instances of noncompliance described in such reports have been disclosed in this report on Form 10-K.



In giving the certifications above, I have reasonably
relied on information provided to me by the following unaffiliated parties:



| | ● | U.S.
                                                                                                                                 Bank
                                                                                                                                 National
                                                                                                                                 Association,
                                                                                                                                 as
                                                                                                                                 Trustee                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
| | - | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | ● | U.S.
                                                                                                                                 Bank
                                                                                                                                 National
                                                                                                                                 Association,
                                                                                                                                 as
                                                                                                                                 Certificate
                                                                                                                                 Administrator                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
| | ● | Wells
                                                                                                                                 Fargo
                                                                                                                                 Bank,
                                                                                                                                 National
                                                                                                                                 Association,
                                                                                                                                 as
                                                                                                                                 Custodian                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
| | ● | KeyBank
                                                                                                                                 National
                                                                                                                                 Association,
                                                                                                                                 as
                                                                                                                                 Master
                                                                                                                                 Servicer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
| | ● | Rialto
                                                                                                                                 Capital
                                                                                                                                 Advisors,
                                                                                                                                 LLC,
                                                                                                                                 as
                                                                                                                                 Special
                                                                                                                                 Servicer
                                                                                                                                 (from
                                                                                                                                 4/13/18
                                                                                                                                 to
                                                                                                                                 12/31/18)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
| | ● | Midland
                                                                                                                                 Loan
                                                                                                                                 Services,
                                                                                                                                 a
                                                                                                                                 Division
                                                                                                                                 of
                                                                                                                                 PNC
                                                                                                                                 Bank,
                                                                                                                                 National
                                                                                                                                 Association,
                                                                                                                                 as
                                                                                                                                 Special
                                                                                                                                 Servicer
                                                                                                                                 (from
                                                                                                                                 1/1/18
                                                                                                                                 to
                                                                                                                                 4/12/18)
| | ● | Situs
                                                                                                                                 Holdings,
                                                                                                                                 LLC,
                                                                                                                                 as
                                                                                                                                 Operating
                                                                                                                                 Advisor                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
| | ● | Midland
                                                                                                                                 Loan
                                                                                                                                 Services,
                                                                                                                                 a
                                                                                                                                 Division
                                                                                                                                 of
                                                                                                                                 PNC
                                                                                                                                 Bank,
                                                                                                                                 National
                                                                                                                                 Association,
                                                                                                                                 as
                                                                                                                                 Primary
                                                                                                                                 Servicer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
| | ● | Berkadia
                                                                                                                                 Commercial
                                                                                                                                 Mortgage
                                                                                                                                 LLC,
                                                                                                                                 as
                                                                                                                                 Primary
                                                                                                                                 Servicer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      



Date: March 29, 2019



| | By | /s/George Kok   
| | -- | ----------------
| |    | Name: George Kok
| |    | Title: President