Exhibit 10.8

(Multicurrency--Cross Border)

                                     ISDA(R)
                  International Swap Dealers Association, Inc.

                                    SCHEDULE
                                     to the
                                Master Agreement
                            dated as of July 5, 2007

between JPMORGAN CHASE BANK, N.A.      and    J.P. MORGAN CHASE COMMERCIAL
                                              MORTGAGE SECURITIES TRUST
                                              2007-LDP11

                   ("Party A")                     ("Party B")

                         PART 1: Termination Provisions

(a)   (i) "Trust Agreement" means the Pooling and Servicing Agreement dated as
      of July 1, 2007, among J.P. Morgan Chase Commercial Mortgage Securities
      Corp., as depositor, Wachovia Bank, National Association, as master
      servicer, CWCapital Asset Management LLC, as special servicer and LaSalle
      Bank National Association, as trustee, as amended, modified, supplemented,
      restated or replaced from time to time.

      (ii) "Class A-2FL Certificates" means the Commercial Mortgage Pass-Through
      Certificates, Series 2007-LDP11, Class A-2FL, issued by Party B under the
      Trust Agreement.

(b)   "Specified Entity" means, in relation to Party A for the purpose of:-


      Section 5(a)(v) (Default under Specified Transaction),           none;

      Section 5(a)(vi) (Cross Default),                                none;

      Section 5(a)(vii) (Bankruptcy),                                  none; and

      Section 5(b)(iv) (Credit Event Upon Merger),                     none;

            in relation to Party B for the purpose of:

      Section 5(a)(v) (Default under Specified Transaction)            none;

      Section 5(a)(vi) (Cross Default),                                none;

      Section 5(a)(vii) (Bankruptcy),                                  none; and

      Section 5(b)(iv) (Credit Event Upon Merger),                     none.

(c)   "Specified Transaction" will have the meaning specified in Section 14.

(d)   The "Breach of Agreement" provisions of Section 5(a)(ii), the
      "Misrepresentation" provisions of Section 5(a)(iv), and the "Default under
      Specified Transactions" provisions of Section 5(a)(v) will not apply to
      Party B. The "Cross Default" provisions of Section 5(a)(vi) will not apply
      to Party A or Party B.

(e)   The "Credit Event Upon Merger" provisions of Section 5(b)(iv)

            will not apply to Party A

            will not apply to Party B.

(f)   The "Automatic Early Termination" provision of Section 6(a)

            will not apply to Party A

            will not apply to Party B.

(g)   Payments on Early Termination. For the purpose of Section 6(e):

      (i)   Market Quotation will apply.

      (ii)  The Second Method will apply.

      (iii) Both Party A and Party B agree that any amounts payable by Party B
      to Party A under Section 6(e), if any, in connection with any Event of
      Default or Termination Event will be payable only from collections on the
      Trust Estate (as defined below), and only from funds, if any, remaining in
      the Floating Rate Account (as defined in the Trust Agreement) after all
      other amounts have been paid under the Class A-2FL Certificates (including
      all principal amounts outstanding) under the Trust Agreement.

(h)   "Termination Currency" means United States Dollars.

(i)   Additional Termination Events. It shall be an Additional Termination
      Event:

      (i)   if Party B fails to comply with Part 1(j) of this Schedule, in which
      event Party B shall be the sole Affected Party and all Transactions shall
      be Affected Transactions; or

      (ii)  if Party A fails to satisfy any of the requirements of Part 5(m),
      within the applicable time periods set forth therein, in which event Party
      A shall be the sole Affected Party and all Transactions shall be Affected
      Transactions.

(j)   Amendments. Party B shall deliver to Party A a copy of any proposed
      amendment to the Trust Agreement, and any amendment to the Trust Agreement
      that could reasonably materially and adversely affect Party A shall be
      subject to Party A's prior consent.

(k)   Downgrade of Party A. If a Ratings Event (as defined below) shall occur
      and be continuing with respect to Party A, then Party A shall, within 5
      Local Business Days of such Ratings Event, (A) give notice to Party B of
      the occurrence of such Ratings Event, and (B) at Party A's option and sole
      expense, (x) transfer Party A's rights and obligations under this
      Agreement and all Confirmations related hereto to another party (such
      party whose long term debt is being rated at least "A1" (and not on watch
      for possible downgrade) by Moody's (as defined below) or rated at least
      "A+" by S&P (as defined below)), subject to Rating Agency confirmation,
      and at the cost of Party A, or (y) post Eligible Collateral on a
      mark-to-market basis to secure Party B's exposure, if any, to Party A, and
      such Eligible Collateral shall be provided in accordance with an ISDA
      Credit Support Annex to be entered into between Party A and Party B in the
      form attached hereto as Exhibit A, which will be attached hereto and made
      a part hereof within 10 Local Business Days of Party A's election to post
      Eligible Collateral. The Eligible Collateral to be posted and the Credit
      Support Annex to be executed and delivered shall be subject to Rating
      Agency confirmation. Party A's obligations to find an eligible transferee
      or to post Eligible Collateral under such Credit Support Annex shall
      remain in effect only for so long as a Ratings Event is continuing with
      respect to Party A. For the purpose of this Part 1(k), a "Ratings Event"
      shall occur with respect to Party A if the long-term senior unsecured
      deposit ratings of Party A cease to be at least "A3" by Moody's Investors
      Service, Inc., or any successor thereto ("Moody's") or at least "A-" by
      Standard & Poor's Ratings Services, a division of The McGraw Hill
      Companies, Inc., or any successor thereto ("S&P"), to the extent such
      obligations are rated by Moody's or S&P.

      The failure by Party A to either post Eligible Collateral or transfer its
      rights and obligations to an eligible transferee in accordance herewith
      shall constitute an Additional Termination Event for which Party A shall
      be the sole Affected Party.

(l)   Failure to Pay or Deliver. Section 5(a)(i) is hereby deleted in its
      entirety and replaced with the following:

            "Failure to Pay or Deliver. Failure by the party to make, when due,
            any payment under this Agreement or delivery under Section 2(a)(i)
            or 2(e) required to be made by it."

                           PART 2: Tax Representations

(a)   Payer Tax Representations. For the purpose of Section 3(e) of this
      Agreement, Party A and Party B will make the following representation:-

      It is not required by any applicable law, as modified by the practice of
      any relevant governmental revenue authority of any Relevant Jurisdiction
      to make any deduction or withholding for or on account of any Tax from any
      payment (other than interest under Section 2(e), 6(d)(ii) or 6(e) of this
      Agreement) to be made by it to the other party under this Agreement. In
      making this representation, it may rely on (x) the accuracy of any
      representations made by the other party pursuant to Section 3(f) of this
      Agreement, (y) the satisfaction of the agreement contained in Section
      4(a)(i) or 4(a)(iii) of this Agreement and the accuracy and effectiveness
      of any document provided by the other party pursuant to Section 4(a)(i) or
      4(a)(iii) of this Agreement and (z) the satisfaction of the agreement of
      the other party contained in Section 4(d) of this Agreement, provided that
      it shall not be a breach of this representation where reliance is placed
      on clause (y) and the other party does not deliver a form or document
      under Section 4(a)(iii) by reason of material prejudice to its legal or
      commercial position.

(b)   Payee Tax Representations. For the purpose of Section 3(f) of this
      Agreement, Party A and Party B will make the following representations
      specified below, if any:- none

                     PART 3: Agreement to Deliver Documents

For the purpose of Section 4(a)(i) and (ii) of this Agreement, each party agrees
to deliver the following documents:

(a)   Tax forms, documents or certificates to be delivered are:

 Party required to deliver                                Date by which to be
         document           Form/Document/Certificate          delivered
--------------------------  -------------------------  -------------------------
Party A and Party B         Any form, document or      Upon request
                            certificate as may be
                            requested pursuant to
                            Section 4(a)(iii) of this
                            Agreement.

(b)   Other documents to be delivered are:-

                                                                   Covered by
Party required to                                 Date by which    Section 3(d)
 deliver document    Form/Document/Certificate   to be delivered  Representation
-----------------  ----------------------------  ---------------  --------------
Party B            Statements to                 As soon as       Yes
                   Certificateholders of         available.
                   Party B

Party B            Certified copies of all       Upon execution   Yes
                   corporate authorizations      and delivery
                   and any other documents       of this
                   with respect to the           Agreement
                   execution, delivery and
                   performance of this
                   Agreement and the Trust
                   Agreement

Party A and        Certificate of authority      Upon execution   Yes
Party B            and specimen signatures       and delivery
                   of individuals executing      of this
                   this Agreement, and any       Agreement and
                   Confirmations                 thereafter
                                                 upon request
                                                 of the other
                                                 party

                              PART 4: Miscellaneous

(a)   Address for Notices. For the purpose of Section 12(a) of this Agreement:-

      Address for notice or communications to Party A:

      JPMorgan Chase Bank, N.A.
      270 Park Avenue
      6th Floor
      New York, New York  10017
      Attention: Andrew Taylor
      Telephone No.: 212-834-3813
      Facsimile No.: 212-834-6598

      with a copy to:

      JPMorgan Chase Bank, N.A.
      270 Park Avenue
      10th Floor
      New York, New York  10017
      Attention: Mark Levine
      Telephone No.: 212-834-9346
      Facsimile No.: 212-834-6593

      Address for notice or communications to Party B:

      J.P. Morgan Chase Commercial Mortgage Securities Trust 2007-LDP11
      c/o LaSalle Bank National Association
      135 South LaSalle Street, Suite 1625
      Chicago, Illinois 60603
      Attention: Global Securities and Trust Services, J.P. Morgan Chase
      Commercial Mortgage Securities Trust 2007-LDP11

      with a copy to:

      J.P. Morgan Chase Commercial Mortgage Securities Corp.
      270 Park Avenue
      New York, New York  10017
      Attention: Emanuel Chrysoulakis
      Telephone No.: 212-834-9328
      Facsimile No.: 212-834-6593

(b)   Process Agent. For the purpose of Section 13(c):

      Party A appoints as its Process Agent: Not applicable.

      Party B appoints as its Process Agent: Not applicable.

(c)   Offices. The provisions of Section 10(a) will apply to this Agreement.

(d)   Multibranch Party. For the purpose of Section 10 of this Agreement:-

      Party A is not a Multibranch Party.

      Party B is not a Multibranch Party.

(e)   Calculation Agent. The Calculation Agent is Party B.

(f)   Credit Support Document. Details of any Credit Support Document:-

      Party B agrees that only the amounts with respect to the Class A-2FL
      Certificates on deposit in the Floating Rate Account (as such terms are
      defined in the Trust Agreement) held by the Trustee under the Trust
      Agreement (such amounts, the "Trust Estate") shall constitute security for
      the obligations of Party B to Party A under this Agreement.

      Party A agrees that any ISDA Credit Support Annex entered into between
      Party A and Party B pursuant to Part 1(k) hereof shall be a Credit Support
      Document for purposes of this Agreement.

(g)   Credit Support Provider.

      Credit Support Provider means in relation to Party A:    Not applicable.

      Credit Support Provider means in relation to Party B:    Not applicable

(h)   Governing Law. This Agreement will be governed by and construed in
      accordance with the laws of the State of New York (without reference to
      its conflict of laws doctrine, other than Section 5-1401 of the General
      Obligations Law).

(i)   Netting of Payments. All amounts payable on the same date, in the same
      currency and in respect of the same Transaction shall be netted in
      accordance with Section 2(c) of this Agreement. The election contained in
      the last paragraph of Section 2(c) of this Agreement shall not apply for
      the purposes of this Agreement.

(j)   "Affiliate" will have the meaning specified in Section 14 of this
      Agreement.

                            PART 5: Other Provisions

(a)   RESERVED.

(b)   Delivery of Confirmations. For each Transaction entered into hereunder,
      Party A shall promptly send to Party B a Confirmation via facsimile
      transmission. Party B agrees to respond to such Confirmation within three
      (3) Local Business Days, either confirming agreement thereto or requesting
      a correction of any error(s) contained therein. Failure by Party A to send
      a Confirmation or of Party B to respond within such period shall not
      affect the validity or enforceability of such Transaction. Absent manifest
      error, there shall be a presumption that the terms contained in such
      Confirmation are the terms of the Transaction.

(c)   Recording of Conversations. Each party to this Agreement acknowledges and
      agrees to the tape recording of conversations between trading and
      marketing personnel of the parties to this Agreement whether by one or
      other or both of the parties or their agents, and that any such tape
      recordings may be submitted in evidence in any Proceedings relating to the
      Agreement.

(d)   Furnishing Specified Information. Section 4(a)(iii) is hereby amended by
      inserting "promptly upon the earlier of (i)" in lieu of the word "upon" at
      the beginning thereof and inserting "or (ii) such party learning that the
      form or document is required" before the word "any" on the first line
      thereof.

(e)   Notice by Facsimile Transmission. Section 12(a) is hereby amended by
      inserting the words "2(b)," between the word "Section" and the number "5"
      and inserting the words "or 13(c)" between the number "6" and the word
      "may" in the second line thereof.

(f)   Section 3(a) of this Agreement is amended by (i) deleting the word "and"
      at the end of clause (iv); (ii) deleting the period at the end of clause
      (v) and inserting therein "; and "; and (iii) by inserting the following
      additional representation:

      "(vi) Eligible Contract Participant. Each party represents to the other
            party (which representation will be deemed to be repeated by each
            party on each date on which a Transaction is entered into) that it
            is an "eligible contract participant" as defined in Section 1a(12)
            of the U.S. Commodity Exchange Act, 7 U.S.C. Section 1a(12)."

(g)   Section 3 is revised so as to add the following Section (g) at the end
      thereof:

      "(g)  Relationship Between Parties. Each party represents to the other
            party and will be deemed to represent to the other party on the date
            on which it enters into a Transaction that (absent a written
            agreement between the parties that expressly imposes affirmative
            obligations to the contrary for that Transaction):-

            (i)   Non-Reliance. It is acting for its own account, and it has
                  made its own independent decisions to enter into that
                  Transaction and as to whether that Transaction is appropriate
                  or proper for it based upon its own judgment and upon advice
                  from such advisors as it has deemed necessary. It is not
                  relying on any communication (written or oral) of the other
                  party as investment advice or as a recommendation to enter
                  into that Transaction; it being understood that information
                  and explanations related to the terms and conditions of a
                  Transaction shall not be considered investment advice or a
                  recommendation to enter into that Transaction. Further, such
                  party has not received from the other party any assurance or
                  guarantee as to the expected results of that Transaction.

            (ii)  Evaluation and Understanding. It is capable of evaluating and
                  understanding (on its own behalf or through independent
                  professional advice), and understands and accepts, the terms,
                  conditions and risks of that Transaction. It is also capable
                  of assuming, and assumes, the financial and other risks of
                  that Transaction.

            (iii) Status of Parties. The other party is not acting as an agent,
                  fiduciary or advisor for it in respect of that Transaction."

(h)   Waiver of Right to Trial by Jury. EACH PARTY HEREBY IRREVOCABLY WAIVES ANY
      AND ALL RIGHTS TO TRIAL BY JURY WITH RESPECT TO ANY LEGAL PROCEEDING
      ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY TRANSACTION
      CONTEMPLATED HEREBY.

(i)   Non Petition. Party A hereby agrees that it will not, prior to the date
      which is one year and one day after all the Class A-2FL Certificates
      issued by Party B pursuant to the Trust Agreement have been paid in full,
      acquiesce, petition or otherwise invoke or cause Party B to invoke the
      process of any court or governmental authority for the purpose of
      commencing or sustaining a case against Party B under any federal or state
      bankruptcy, insolvency or similar law or for the purpose of appointing a
      receiver, liquidator, assignee, trustee, custodian, sequestrator or other
      similar official for Party B or any substantial part of the property of
      Party B, or for the purpose of ordering the winding up or liquidation of
      the affairs of Party B. Nothing herein shall prevent Party A from
      participating in any such proceeding once commenced.

(j)   Limited Recourse. The obligations of Party B under this Agreement are
      limited recourse obligations of Party B, payable solely from amounts
      remaining in the Trust Estate after payment in full of all amounts due to
      the Class A-2FL Certificates, subject to and in accordance with the terms
      of the Trust Agreement. No recourse shall be had for the payment of any
      amount owing in respect of this Agreement against the trustee or paying
      agent, or any officer, member, director, employee, security holder or
      incorporator thereof (each, an "Affiliated Person") of Party B or its
      successors or assigns for any amounts payable under this Agreement. Upon
      application of the Trust Estate in accordance with the Trust Agreement,
      Party A shall not be entitled to take any further steps against Party B to
      recover any sums due but still unpaid hereunder or thereunder, and all
      claims by Party A against Party B hereunder and/or under the Trust
      Agreement shall be extinguished.

(k)   Limitation of Liability. It is expressly understood and agreed by the
      parties hereto that (a) this Agreement is executed and delivered by
      LaSalle Bank National Association ("LaSalle"), not individually or
      personally but solely as the trustee, in the exercise of the powers and
      authority conferred and vested in it, (b) the representations, undertaking
      and agreements herein made on the part of the Trust are made and intended
      not as personal representations, undertakings and agreements by LaSalle
      but are made and intended for the purpose of binding only the Trust, (c)
      nothing herein contained shall be construed as creating any liability on
      LaSalle, individually or personally (other than to act with the standard
      of care provided under the Trust Agreement), to perform any covenant
      either expressed or implied contained herein, all such liability, if any,
      being expressly waived by the parties who are signatories to this
      Agreement and by any person claiming by, through or under such parties and
      (d) under no circumstances shall LaSalle be personally liable for the
      payment of any indebtedness or expenses of the Trust or be liable for the
      breach or failure of any obligation, representation, warranty or covenant
      made or undertaken by the Trust under this Agreement.

(l)   Transfer. Section 7 of the Agreement is supplemented by the additional
      requirement that any transfer or assignment by Party A of its obligations
      under this Agreement (including any Confirmation), and any amendments to
      this Agreement (including any Confirmation), shall be subject to Rating
      Agency confirmation.

(m)   Compliance with Regulation AB.

      (i)   If at any time after the date hereof for so long as Party B is
      required to file periodic reports under the Securities Exchange Act of
      1934, as amended (the "Exchange Act") with respect to the Certificates, in
      the reasonable determination made in good faith of the Sponsors (as
      defined in the Prospectus), the aggregate "significance percentage" (as
      defined in Regulation AB ("Regulation AB") under the Securities Act of
      1933, as amended, and the Exchange Act) of all derivative instruments
      (contemplated by Item 1115 of Regulation AB) provided by Party A and any
      of its affiliates to Party B is at least 10% but less than 20%, Party A
      shall, subject to subparagraph (iii) below, within five (5) Business Days
      following request therefor by Party B provide the financial information
      required under Item 1115(b)(1) of Regulation AB for Party A (and for the
      group of affiliated entities, if applicable) (the "Item 1115(b)(1)
      Information"). Any such Item 1115(b)(1) Information shall be in a form
      suitable for conversion to the format required for filing by the Depositor
      with the Securities and Exchange Commission via the Electronic Data
      Gathering and Retrieval System (EDGAR).

      (ii)  If at any time after the date hereof for so long as Party B is
      required to file periodic reports under the Exchange Act with respect to
      the Certificates, in the reasonable determination made in good faith of
      the Sponsors, the aggregate "significance percentage" of all derivative
      instruments (contemplated by Item 1115 of Regulation AB) provided by Party
      A and any of its affiliates to Party B is at least 20%, Party A shall,
      subject to subparagraph (iii) below, within five (5) Business Days
      following request therefor by Party B provide the financial information
      required under Item 1115(b)(2) of Regulation AB for Party A (and for the
      group of affiliated entities, if applicable) (the "Item 1115(b)(2)
      Information", and together with the Item 1115(b)(1) Information, the
      "Additional Information"). Any such Item 1115(b)(2) Information shall be
      in a form suitable for conversion to the format required for filing by the
      Depositor with the Securities and Exchange Commission via the Electronic
      Data Gathering and Retrieval System (EDGAR). In addition, any such Item
      1115(b)(2) Information shall be accompanied by any necessary auditor's
      consents.

      (iii) If Party A is unable to provide any such Additional Information if,
      as and when required, Party A shall, at its option, within ten (10)
      Business Days following request therefor, (1) promptly post collateral
      satisfactory to the Sponsors in an amount which is reasonably determined
      in good faith to be sufficient to reduce the aggregate "significance
      percentage" to (x) in the case of subparagraph (i) above, below 10%, and
      (y) in the case of subparagraph (ii) above, provided Party A is able to
      meet the requirements of subparagraph (i) above, below 20%, in each case
      pursuant to a Credit Support Annex or similar agreement reasonably
      satisfactory to the Sponsor, or (2) at the sole expense of Party A,
      without any expense or liability to Party B, transfer or assign its
      obligations under this Agreement to a substitute counterparty reasonably
      acceptable to Party B that (x) is able to provide such Additional
      Information if, as and when required, and (y) enters into an agreement
      similar in form to this Agreement pursuant to which such substitute
      counterparty agrees to provide the Additional Information if, as and when
      required.

      (iv)  Party A's obligation to provide any such Additional Information
      shall terminate beginning in any such year in which Party B's obligation
      to file periodic reports under the Exchange Act has been terminated, and
      shall continue to be terminated unless Party B notifies Party A that Party
      B's obligations to file periodic reports under the Exchange Act has
      resumed.

<PAGE>

Accepted and Agreed:

JPMORGAN CHASE BANK, N.A.


By:
   -------------------------------------
   Name:
   Title:


J.P. MORGAN CHASE COMMERCIAL
MORTGAGE SECURITIES TRUST 2007-LDP11


By:  LaSalle Bank National Association,
     not in its individual capacity,
     but solely as Trustee





By:
   -------------------------------------
   Name:
   Title:

<PAGE>

                                    EXHIBIT A

                                 PARAGRAPH 13 TO
                              CREDIT SUPPORT ANNEX

                             to the Schedule to the
                                Master Agreement

                            dated as of July 5, 2007

                                     between


     JPMorgan Chase Bank, N.A.        and  J.P. Morgan Chase Commercial Mortgage
            ("Morgan")                         Securities Trust 2007-LDP11
                                                     ("Counterparty")

Paragraph 13. Elections and Variables

(a)   Security Interest for "Obligations". The term "Obligations" as used in
      this Annex includes no additional obligations with respect to either
      party.

(b)   Credit Support Obligations.

      (i)   Delivery Amount, Return Amount and Credit Support Amount.

            (A)   "Delivery Amount" has the meaning specified in Paragraph 3(a).

            (B)   "Return Amount" has the meaning specified in Paragraph 3(b).

            (C)   "Credit Support Amount" shall not have the meaning specified
                  in Paragraph 3(b) and, instead, will have the following
                  meaning:

            "Credit Support Amount" means, for any Valuation Date, (i) the
            Secured Party's Modified Exposure for that Valuation Date minus (ii)
            the Pledgor's Threshold; provided, however, that the Credit Support
            Amount will be deemed to be zero whenever the calculation of Credit
            Support Amount yields a number less than zero.

      (ii)  Eligible Collateral. The following items will qualify as "Eligible
            Collateral":

<TABLE>
<CAPTION>
                                                                               Morgan        "Valuation
                                                                                             Percentage"
--------------------------------------------------------------------------------------------------------
<S>          <C>                                                               <C>           <C>
(A)          USD Cash                                                             X             100%

(B)          Negotiable debt obligations issued by the U.S. Treasury              X             98.8%
             Department having a remaining maturity of one year or less
             from the Valuation Date

(C)          Negotiable debt obligations issued by the U.S. Treasury              X              92%
             Department having a remaining maturity of more than one year
             but less than ten years from the Valuation Date

(D)          Negotiable debt obligations issued by the U.S. Treasury              X              84%
             Department having a remaining maturity of ten years or more
             from the Valuation Date

(E)          Agency Securities having a remaining maturity of one year or         X             98.4%
             less from the Valuation Date

(F)          Agency Securities having a remaining maturity of more than           X              90%
             one year but less than ten years from the Valuation Date

(G)          Agency Securities having a remaining maturity of ten years           X              82%
             or more from the Valuation Date

(H)          USD denominated Commercial Paper rated A1/P1 by S&P and              X              97%
             Moody's respectively, that (a) settles within DTC, (b) is
             not issued by Morgan or any of its Affiliates and (c) has a
             remaining maturity of 30 days or less from the Valuation Date
</TABLE>


            For purposes of the foregoing:

            (1)   "Agency Securities" means negotiable debt obligations which
            are fully guaranteed as to both principal and interest by the
            Federal National Mortgage Association, the Government National
            Mortgage Association or the Federal Home Loan Mortgage Corporation,
            but excluding (i) interest only and principal only securities and
            (ii) Collateralized Mortgage Obligations, Real Estate Mortgage
            Investment Conduits and similar derivative securities.

            (2)   "DTC" shall mean The Depository Trust & Clearing Corporation,
            or its successor.

            (3)   "Moody's" shall mean Moody's Investors Service, Inc., or its
            successor.

            (4)   "S&P" shall mean Standard & Poor's Ratings Services, a
            division of The McGraw-Hill Companies, Inc., or its successor

            (5)   Eligible Collateral of the type described in Paragraph
            13(b)(ii)(H) may never constitute more than 20% of the total Value
            of Posted Collateral.

            (6)   With respect to Posted Collateral consisting of Eligible
            Collateral of the type described in Paragraph 13(b)(ii)(H), the
            aggregate Value of such Posted Collateral issued by the same issuer
            may never be greater than 33% of the aggregate Value of all Posted
            Collateral consisting of Eligible Collateral of the type described
            in Paragraph 13(b)(ii)(H).

      (iii) Other Eligible Support. There shall be no "Other Eligible Support"
      for purposes of this Annex, unless agreed in writing between the parties.

      (iv)  Thresholds.

            (D)   "Independent Amount" means zero.

            (E)   "Threshold" shall not apply with respect to the Counterparty
                  and, with respect to Morgan, shall mean the amounts determined
                  on the basis of the lower of the Credit Ratings set forth in
                  the following table, provided, however, that if (i) Morgan has
                  no Credit Rating, or (ii) an Event of Default has occurred and
                  is continuing with respect to Morgan, Morgan's Threshold shall
                  be U.S.$0:

                            CREDIT RATING         THRESHOLD
                            (Moody's/S&P)           Morgan
                       --------------------------------------
                        Moody's: A3 or above      Infinity

                        S&P: A- or above

                        Moody's: Below A3           US$0

                        S&P: Below A-

            As used herein:

            "Credit Rating" means, with respect to (a) Moody's, the rating
            assigned by Moody's to the short-term and long-term senior unsecured
            deposits of Morgan, or (B) S&P, the rating assigned by S&P to the
            short-term and long-term senior unsecured deposits of Morgan, as
            applicable.

            (F)   "Minimum Transfer Amount", with respect to a party on any
                  Valuation Date, means U.S. $250,000.

            (G)   Rounding. The Delivery Amount and the Return Amount will be
                  rounded up and down to the nearest integral multiple of
                  $100,000, respectively.

(c)   Valuation and Timing.

      (i)   "Valuation Agent" means Morgan.

      (ii)  "Valuation Date" means weekly on the last Local Business Day of each
      week or more frequently if agreed in writing by the parties.

      (iii) "Valuation Time" means the close of business in the city of the
      Valuation Agent on the Valuation Date or date of calculation, as
      applicable.

      (iv)  "Notification Time" means 12:00 p.m., New York time, on a Local
      Business Day.

(d)   Conditions Precedent. With respect to Morgan, any Additional Termination
      Event (if Morgan is the Affected Party with respect to such Termination
      Event) will be a "Specified Condition".

(e)   Substitution.

      (i)   "Substitution Date" has the meaning specified in Paragraph 4(d)(ii).

      (ii)  Consent. Inapplicable.

(f)   Dispute Resolution.

      (i)   "Resolution Time" means 1:00 p.m., New York time, on the Local
      Business Day following the date on which the notice is given that gives
      rise to a dispute under Paragraph 5.

      (ii)  Value. For the purposes of Paragraphs 5(i)(C) and 5(ii), the Value
      of Posted Credit Support other than Cash will be calculated as follows:

            (A)   with respect to any Eligible Collateral except Cash, the sum
                  of (I) (x) the mean of the high bid and low asked prices
                  quoted on such date by any principal market maker for such
                  Eligible Collateral chosen by the Disputing Party, or (y) if
                  no quotations are available from a principal market maker for
                  such date, the mean of such high bid and low asked prices as
                  of the first day prior to such date on which such quotations
                  were available, plus (II) the accrued interest on such
                  Eligible Collateral (except to the extent Transferred to a
                  party pursuant to any applicable provision of this Agreement
                  or included in the applicable price referred to in (I) of this
                  clause (A)) as of such date; multiplied by the applicable
                  Valuation Percentage.

      (iii) Alternative. The provisions of Paragraph 5 will apply.

(g)   Holding and Using Posted Collateral.

      (i)   Eligibility to Hold Posted Collateral; Custodians. Counterparty and
      its Custodian will be entitled to hold Posted Collateral pursuant to
      Paragraph 6(b); provided that the following conditions applicable to it
      are satisfied:

            (1)   Counterparty is not a Defaulting Party and

            (2)   Posted Collateral may be held only in the following
                  jurisdictions:

                  New York State.

            Initially, the Custodian for Counterparty is: None

      (ii)  Use of Posted Collateral. The provisions of Paragraph 6(c)(i) will
      not apply to Counterparty but the provisions of Paragraph 6(c)(ii) will
      apply to the Counterparty.

(h)   Distributions and Interest Amount.

      (i)   Interest Rate. "Interest Rate" for any day means, the Federal Funds
      Overnight Rate. For the purposes hereof, "Federal Funds Overnight Rate"
      means, for any day, an interest rate per annum equal to the rate published
      as the Federal Funds Effective Rate that appears on Telerate Page 118 for
      such day.

      (ii)  Transfer of Interest Amount. The Transfer of the Interest Amount
      will be made monthly on the second Local Business Day of each calendar
      month.

      (iii) Alternative to Interest Amount. The provisions of Paragraph 6(d)(ii)
      will apply.

(i)   Additional Representation(s). Not Applicable.

(j)   Other Eligible Support and Other Posted Support.

      (i)   "Value" with respect to Other Eligible Support and Other Posted
      Support means: Not Applicable.

      (ii)  "Transfer" with respect to Other Eligible Support and Other Posted
      Support means: Not Applicable

(k)   Demands and Notices.

All demands, specifications and notices under this Annex will be made pursuant
to the Notices Section of this Agreement, unless otherwise specified here:

Counterparty:           LaSalle Bank National Association
                        135 South LaSalle Street, Suite 1625
                        Chicago, Illinois 60603
                        Attention: Global Securities and Trust Services, J.P.
                        Morgan Chase Commercial Mortgage Securities Trust
                        2007-LDP11

Morgan:                 JPMorgan Chase Bank, National Association
                        Collateral Middle Office Americas 3/OPS2
                        500 Stanton Christiana Road
                        Newark, Delaware  19713
                        Telephone No.: (302) 634-3191
                        Facsimile No.: (302) 634-3270
                        Email: collateral_services@jpmorgan.com

(l)   Other Provisions:

      (i)   Modification to Paragraph 1: The following subparagraph (b) is
      substituted for subparagraph (b) of this Annex:

      (b) Secured Party and Pledgor. All references in this Annex to the
      "Secured Party" will be to Counterparty and all corresponding references
      to the "Pledgor" will be to Morgan.

      (ii)  Modification to Paragraph 2: The following Paragraph 2 is
      substituted for Paragraph 2 of this Annex:

            Paragraph 2. Security Interest. The Pledgor hereby pledges to the
            Secured Party, as security for its Obligations, and grants to the
            Secured Party a first priority continuing security interest in, lien
            on and right of Set-Off against all Posted Collateral Transferred to
            or received by the Secured Party hereunder. Upon the Transfer by the
            Secured Party to the Pledgor of Posted Collateral, the security
            interest and lien granted hereunder on that Posted Collateral will
            be released immediately and, to the extent possible, without any
            further action by either party.

      (iii) Modification to Paragraph 9: The following first clause of Paragraph
      9 is substituted for the first clause of Paragraph 9 of this Annex:

      Paragraph 9. Representations. The Pledgor represents to the Secured Party
      (which representations will be deemed to be repeated as of each date on
      which it Transfers Eligible Collateral) that:

      (iv)  Modifications to Paragraph 12: The following definitions of
      "Pledgor" and "Secured Party" are substituted for the definitions of those
      terms contained in Paragraph 12 of this Annex:

      "Pledgor" means Morgan, when that party (i) receives a demand for or is
      required to Transfer Eligible Credit Support under Paragraph 3(a) or (ii)
      has Transferred Eligible Credit Support under Paragraph 3(a).

      "Secured Party" means Counterparty, when that party (i) makes a demand for
      or is entitled to receive Eligible Credit Support under Paragraph 3(a) or
      (ii) holds or is deemed to hold Posted Credit Support.

      (v)   Addition to Paragraph 12: The following definitions of "Modified
      Exposure" shall be added immediately after the definition of the term
      "Minimum Transfer Amount" and immediately prior to the definition of the
      term "Notification Time" in Paragraph 12 of this Annex:

      "Modified Exposure" means, for any Valuation Date, an amount equal to the
      sum of (i) the greater of USD 0 and the Secured Party's Exposure for that
      Valuation Date and (ii) the sum of the Volatility Buffers determined by
      the Valuation Agent with respect to each Transaction subject to the
      Agreement. As used herein:

      "Volatility Buffer" means, with respect to a Transaction, an amount equal
      to the product of (a) the Factor applicable to the Transaction and (b) the
      Notional Amount of the Transaction.

      "Factor" means, with respect to a Transaction, a percentage dependent on
      Morgan's Counterparty Rating by S&P or Moody's, as applicable, and the
      original maturity of the Transaction and determined by the Valuation Agent
      by reference to the following table:

            Counterparty           Maturities    Maturities    Maturities
            Rating                 up to 5       up to 10      up to
            (S&P/Moody's)          years (%)     years (%)     30 years (%)
            ----------------------------------------------------------------
            A-2/P-2                3.25          4.00          4.75
            ----------------------------------------------------------------
            A-3/P-3                4.00          5.00          6.25
            ----------------------------------------------------------------
            BB+ or lower/Ba1 or    4.50          6.75          7.50
            lower
            ----------------------------------------------------------------

      Modification to Paragraph 12: Clause "(B)" of the definition of "Value"
      will be substituted to read in its entirety as follows:

      "(B) a security, the bid price obtained by the Valuation Agent from one of
      the Pricing Sources multiplied by the applicable Valuation Percentage, if
      any;"

      (vi)  Addition to Paragraph 12: The following definition of "Pricing
      Sources" shall be added immediately after the definition of the term
      "Posted Credit Support" and immediately prior to the definition of the
      term "Recalculation Date" in Paragraph 12 of this Annex:

      "Pricing Sources" means the sources of financial information commonly
      known as Bloomberg, Bridge Information Services, Data Resources Inc.,
      Interactive Data Services, International Securities Market Association,
      Merrill Lynch Securities Pricing Service, Muller Data Corporation,
      Reuters, Wood Gundy, Trepp Pricing, JJ Kenny, S&P and Telerate.

<PAGE>

Accepted and Agreed:

JPMORGAN CHASE BANK, N.A.



By:
   -------------------------------------
   Name:
   Title:


J.P. MORGAN CHASE COMMERCIAL
MORTGAGE SECURITIES TRUST 2007-LDP11

By:  LaSalle Bank National Association, not in its individual
     capacity, but solely as Trustee



By:
   -------------------------------------
   Name:
   Title: