EXHIBIT 33.2



Management's Assertion



Report on Assessment of Compliance with
Applicable Servicing Criteria



U.S. Bank National Association (“U.S. Bank”) is
responsible for assessing compliance as of and for the year ended December 31, 2019 with the servicing criteria set forth in Item
1122 (d) of Regulation AB applicable to it as set forth on Exhibit A hereto. This report covers asset backed securities transactions
within the U.S. Bank Corporate Trust Asset-Backed Securities Platform1 (the “Platform”).



U.S. Bank hereby provides the following report on its assessment
of compliance with the servicing criteria set forth in Item 1122 of Regulation AB applicable to it and as described on Exhibit
A hereto:



| | 1. | U.S. Bank is responsible for assessing its compliance with the servicing criteria applicable to it as noted on the accompanying
Exhibit A;
| | -- | ------------------------------------------------------------------------------------------------------------------------------------------



| | 2. | Except as set forth in paragraph 3 below, U.S. Bank used the criteria set forth in paragraph (d) of Item 1122 of Regulation
AB to assess its compliance with the applicable servicing criteria;
| | -- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 3. | The criteria listed in the column titled “Inapplicable Servicing Criteria” on Exhibit A hereto are inapplicable
to U.S. Bank based on the servicing activities it performs directly with respect to the Platform;
| | -- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 4. | U.S. Bank has complied, in all material respects, with the applicable servicing criteria as of and for the year ended December
31, 2019; and
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------



| | 5. | Ernst & Young, LLP, a registered public accounting firm, has issued an attestation report on U.S. Bank’s assessment
of compliance with the applicable servicing criteria as of and for the year ended December 31, 2019.
| | -- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------





U.S. BANK NATIONAL ASSOCIATION







/s/ Joseph Giordano

Name: Joseph Giordano

Title: Executive Vice President









Date: February 27, 2020



__________________

1
The U.S. Bank Corporate Trust Asset-Backed Securities Platform (the "Platform") consists of the activities involved in
the performance of servicing functions for which the Company provides trustee, securities administration, registrar and paying
agent services for (i) publicly issued asset-backed and mortgage-backed transactions the securities of which were offered on or
after January 1, 2006 and (ii) certain asset-backed transactions for which the Issuer has voluntarily elected to make Regulation
AB compliant filings under the Securities Exchange Act of 1934, as amended.











EXHIBIT 33.2





EXHIBIT A to Management’s Assertion

|Reference                          | Servicing Criteria                                                                                                                                                                                                                                                                                                                                                                                      | Applicable Servicing Criteria | Inapplicable Servicing Criteria
|---------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----------------------------- | -------------------------------
|General Servicing Considerations  
|1122(d)(1)(i)                      | Policies and procedures are instituted
        to monitor any performance or other triggers and events of default in accordance with the transaction agreements.                                                                                                                                                                                                                                        | X                             |                                
|1122(d)(1)(ii)                     | If any material servicing activities are outsourced to third
        parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing
        activities.                                                                                                                                                                                    | X2                            |                                
|1122(d)(1)(iii)                    | Any requirements in the transaction agreements to maintain a
        back-up servicer for the Pool Assets are maintained.                                                                                                                                                                                                                                                                               |                               | X                              
|1122(d)(1)(iv)                     | A fidelity bond and errors and omissions policy is in effect
        on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and
        otherwise in accordance with the terms of the transaction agreements.                                                                                                                       | X                             |                                
|1122(d)(1)(v)                      | Aggregation of information, as applicable, is mathematically
        accurate and the information conveyed accurately reflects the information.                                                                                                                                                                                                                                                         | X3                            |                                
|Cash Collection and Administration
|1122(d)(2)(i)                      | Payments on pool assets are deposited into the appropriate custodial
        bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days
        specified in the transaction agreements.                                                                                                                                           | X                             |                                
|1122(d)(2)(ii)                     | Disbursements made via wire transfer on behalf of an obligor
        or to an investor are made only by authorized personnel.                                                                                                                                                                                                                                                                           | X                             |                                
|1122(d)(2)(iii)                    | Advances of funds or guarantees regarding collections, cash
        flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified
        in the transaction agreements.                                                                                                                                                               | X4                            |                                
|1122(d)(2)(iv)                     | The related accounts for the transaction, such as cash reserve
        accounts or accounts established as a form of over collateralization, are separately maintained (e.g., with respect to commingling
        of cash) as set forth in the transaction agreements.                                                                                                                                  | X                             |                                
|1122(d)(2)(v)                      | Each custodial account is maintained at a federally insured
        depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository
        institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements
        of Rule 13k-1(b)(1) of the Securities Exchange Act. | X                             |                                
|1122(d)(2)(vi)                     | Unissued checks are safeguarded so as to prevent unauthorized
        access.                                                                                                                                                                                                                                                                                                                           | X                             |                                



_____________________________________________________

2 No servicing activities were performed by the Company
that required the servicing criteria to be complied with.

3 No servicing activities were performed by the Company
that required the servicing criteria to be complied with.

4 No servicing activities were performed by the Company
that required the servicing criteria to be complied with.



Corporate Trust ABS Platform (A)













|Reference        | Servicing Criteria                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | Applicable Servicing Criteria | Inapplicable Servicing Criteria
|---------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----------------------------- | -------------------------------
|1122(d)(4)(v)    | The Servicer’s records regarding the pool assets agree
        with the Servicer’s records with respect to an obligor’s unpaid principal balance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |                               | X                              
|1122(d)(4)(vi)   | Changes with respect to the terms or status of an obligor's
        pool assets (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with
        the transaction agreements and related pool asset documents.                                                                                                                                                                                                                                                                                                                                               |                               | X                              
|1122(d)(4)(vii)  | Loss mitigation or recovery actions (e.g., forbearance plans,
        modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded
        in accordance with the timeframes or other requirements established by the transaction agreements.                                                                                                                                                                                                                                                                                                |                               | X                              
|1122(d)(4)(viii) | Records documenting collection efforts are maintained during
        the period a pool asset is delinquent in accordance with the transaction agreements. Such records are maintained on at least a
        monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring
        delinquent pool assets including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is
        deemed temporary (e.g., illness or unemployment).                                                                        |                               | X                              
|1122(d)(4)(ix)   | Adjustments to interest rates or rates of return for pool assets
        with variable rates are computed based on the related pool asset documents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |                               | X                              
|1122(d)(4)(x)    | Regarding any funds held in trust for an obligor (such as escrow
        accounts): (A) such funds are analyzed, in accordance with the obligor’s pool asset documents, on at least an annual basis,
        or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance
        with applicable pool asset documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of
        full repayment of the related pool assets, or such other number of days specified in the transaction agreements. |                               | X                              
|1122(d)(4)(xi)   | Payments made on behalf of an obligor (such as tax or insurance
        payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such
        payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such
        other number of days specified in the transaction agreements.                                                                                                                                                                                               |                               | X                              
|1122(d)(4)(xii)  | Any late payment penalties in connection with any payment to
        be made on behalf of an obligor are paid from the Servicer’s funds and not charged to the obligor, unless the late payment
        was due to the obligor’s error or omission.                                                                                                                                                                                                                                                                                                                                                                   |                               | X                              
|1122(d)(4)(xiii) | Disbursements made on behalf of an obligor are posted within
        two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction
        agreements.                                                                                                                                                                                                                                                                                                                                                                                             |                               | X                              
|1122(d)(4)(xiv)  | Delinquencies, charge-offs and uncollectible accounts are recognized
        and recorded in accordance with the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                               | X                              
|1122(d)(4)(xv)   | Any external enhancement or other support, identified in Item
        1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                 | X                             |                                





Corporate Trust ABS Platform (A)











|Reference        | Servicing Criteria                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | Applicable Servicing Criteria | Inapplicable Servicing Criteria
|---------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----------------------------- | -------------------------------
|1122(d)(4)(v)    | The Servicer’s records regarding the pool assets agree
        with the Servicer’s records with respect to an obligor’s unpaid principal balance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |                               | X                              
|1122(d)(4)(vi)   | Changes with respect to the terms or status of an obligor's
        pool assets (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with
        the transaction agreements and related pool asset documents.                                                                                                                                                                                                                                                                                                                                               |                               | X                              
|1122(d)(4)(vii)  | Loss mitigation or recovery actions (e.g., forbearance plans,
        modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded
        in accordance with the timeframes or other requirements established by the transaction agreements.                                                                                                                                                                                                                                                                                                |                               | X                              
|1122(d)(4)(viii) | Records documenting collection efforts are maintained during
        the period a pool asset is delinquent in accordance with the transaction agreements. Such records are maintained on at least a
        monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring
        delinquent pool assets including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is
        deemed temporary (e.g., illness or unemployment).                                                                        |                               | X                              
|1122(d)(4)(ix)   | Adjustments to interest rates or rates of return for pool assets
        with variable rates are computed based on the related pool asset documents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |                               | X                              
|1122(d)(4)(x)    | Regarding any funds held in trust for an obligor (such as escrow
        accounts): (A) such funds are analyzed, in accordance with the obligor’s pool asset documents, on at least an annual basis,
        or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance
        with applicable pool asset documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of
        full repayment of the related pool assets, or such other number of days specified in the transaction agreements. |                               | X                              
|1122(d)(4)(xi)   | Payments made on behalf of an obligor (such as tax or insurance
        payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such
        payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such
        other number of days specified in the transaction agreements.                                                                                                                                                                                               |                               | X                              
|1122(d)(4)(xii)  | Any late payment penalties in connection with any payment to
        be made on behalf of an obligor are paid from the Servicer’s funds and not charged to the obligor, unless the late payment
        was due to the obligor’s error or omission.                                                                                                                                                                                                                                                                                                                                                                   |                               | X                              
|1122(d)(4)(xiii) | Disbursements made on behalf of an obligor are posted within
        two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction
        agreements.                                                                                                                                                                                                                                                                                                                                                                                             |                               | X                              
|1122(d)(4)(xiv)  | Delinquencies, charge-offs and uncollectible accounts are recognized
        and recorded in accordance with the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                               | X                              
|1122(d)(4)(xv)   | Any external enhancement or other support, identified in Item
        1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                 | X                             |                                





Corporate Trust ABS Platform (A)