| | Situs Holdings, LLC
        2 Embarcadero Center, Suite 1300
        San Francisco, CA 94111
        Phone: 415.374.2820
        Fax: 415.374.2704
        www.situs.com
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------







Certification
Regarding Compliance with Applicable Servicing Criteria



| | 1. | Situs
                                         Holdings, LLC (the “Company” or “Situs”), is responsible for
                                         assessing compliance with the servicing criteria applicable to it under paragraph (d)
                                         of Item 1122 of Regulation AB, as of and for the 12-month period ended December 31, 2014
                                         (the “Reporting Period”), as set forth in Appendix A hereto. The transactions
                                         covered by this report (these transactions collectively referred to as the “Special
                                         Servicing Platform”) include asset-backed securities transactions for which Situs
                                         acted as special servicer, involving commercial mortgage loans;
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 2. | Situs
                                         has engaged certain vendors (the “Vendors”) to perform specific, limited
                                         or scripted activities for the Reporting Period, and Situs has elected to take responsibility
                                         for assessing compliance with the servicing criteria or portion of the servicing criteria
                                         applicable to such Vendors’ activities as set forth in Appendix A hereto;
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 3. | Except
                                         as set forth in paragraph 4 below, Situs used the criteria set forth in paragraph (d)
                                         of Item 1122 of Regulation AB to assess the compliance with the applicable servicing
                                         criteria;
| | -- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 4. | The
                                         criteria listed in the column titled “Inapplicable Servicing Criteria” on
                                         Appendix A hereto are inapplicable to Situs based on the activities it performed, directly
                                         or through its Vendors, with respect to the Special Servicing Platform for the Reporting
                                         Period;
| | -- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 5. | Situs
                                         has complied, in all material respects, with the applicable servicing criteria as of
                                         December 31, 2014 and for the Reporting Period with respect to the Special Servicing
                                         Platform taken as a whole;
| | -- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 6. | Grant
                                         Thornton LLP, an independent registered public accounting firm, has issued an attestation
                                         report on Situs’ assessment of compliance with the applicable servicing criteria
                                         for the Reporting Period.
| | -- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



Situs Holdings
LLC

February
27, 2015















APPENDIX A





|SERVICING
    CRITERIA                 | APPLICABLE
    SERVICING CRITERIA                                                                                                                                                                                                                                                                                                                                            | INAPPLICABLE
    SERVICINGCRITERIA                                                  
|-------------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------
|Reference                              | Criteria                                                                                                                                                                                                                                                                                                                                                                     | Performed
                                         Directly
        by
        Situs
|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.                                                                                                                                                                 | X                                                                                   
|1122(d)(1)(iii)                        | Any
    requirements in the transaction agreements to maintain a back-up servicer for the pool assets are maintained.                                                                                                                                                                                                                                                        |                                                                                     
|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                                                                                   
|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 of 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.                                                                                                                                            | X                                                                                   
|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 §240.13k-1(b)(1) of this chapter. | X                                                                                   
|1122(d)(2)(vi)                         | Unissued
    checks are safeguarded so as to prevent unauthorized access.                                                                                                                                                                                                                                                                                                    | X                                                                                   



















|SERVICING
    CRITERIA                | APPLICABLE
    SERVICING CRITERIA                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | INAPPLICABLE
    SERVICING CRITERIA                                                 
|------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------
|Reference                             | Criteria                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | Performed
                                         Directly
        by
        Situs
|1122(d)(2)(vii)                       | Reconciliations
    are prepared on a monthly basis for all asset-backed securities related bank accounts, including custodial accounts and related
    bank clearing accounts. These reconciliations: (A) Are mathematically accurate; (B) Are prepared within 30 calendar days after
    the bank statement cutoff date, or such other number of days specified in the transaction agreements; (C) Are reviewed and
    approved by someone other than the person who prepared the reconciliation; and (D) Contain explanations for reconciling items.
    These reconciling items are resolved within 90 calendar days of their original identification, or such other number of days
    specified in the transaction agreements. | X                                                                                   
|Investor
    Remittance and Reporting
|1122(d)(3)(i)                         | Reports
    to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements
    and applicable Commission requirements. Specifically, such reports: (A) Are prepared in accordance with timeframes and other
    terms set forth in the transaction agreements; (B) Provide information calculated in accordance with the terms specified in
    the transaction agreements; (C) Are filed with the Commission as required by its rules and regulations; and (D) Agree with
    investors’ or the trustee’s records as to the total unpaid principal balance and number of pool assets serviced
    by the servicer.                                                      |                                                                                     
|1122(d)(3)(ii)                        | Amounts
    due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth
    in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |                                                                                     
|1122(d)(3)(iii)                       | Disbursements
    made to an investor are posted within two business days to the servicer’s investor records, or such other number of
    days specified in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |                                                                                     
|1122(d)(3)(iv)                        | Amounts
    remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |                                                                                     
|Pool
    Asset Administration        
|1122(d)(4)(i)                         | Collateral
    or security on pool assets is maintained as required by the transaction agreements or related pool asset documents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | X                                                                                   
|1122(d)(4)(ii)                        | Pool
    assets and related documents are safeguarded as required by the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | X                                                                                   
|1122(d)(4)(iii)                       | Any
    additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or
    requirements in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | X                                                                                   
|1122(d)(4)(iv)                        | Payments
    on pool assets, including any payoffs, made in accordance with the related pool asset documents are posted to the applicable
    servicer's obligor records maintained no more than two business days after receipt, or such other number of days specified
    in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related
    pool asset documents.                                                                                                                                                                                                                                                                                               |                                                                                     
|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.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |                                                                                     
|1122(d)(4)(vi)                        | Changes
    with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-aging's) are made, reviewed
    and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | X                                                                                   

















| |  | 
| |  | 

|SERVICING
    CRITERIA | APPLICABLE
    SERVICING CRITERIA                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | INAPPLICABLE
    SERVICING CRITERIA                                                 
|---------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------------------------------------------------------------
|Reference              | Criteria                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | Performed
                                         Directly
        by
        Situs
|1122(d)(4)(vii)        | Loss
    mitigation or recovery actions (e.g. forbearance plans, modifications and deeds in lieu of foreclosure, foreclosure and repossessions,
    as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established
    by the a 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.                                                                                                                                                                                                                                                                                                                                                                               |                                                                                     
|1122(d)(4)(x)          | Regarding
    any funds held in trust for an obligor (such as escrow accounts) See following: (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;
    and (C) Such funds are returned to the obligor within 30 calendar days of full repayment of the related pool asset, or such
    other number of days specified in the transaction agreements.                                             |                                                                                     
|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.                                                                                                                    |                                                                                     
|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.                                                                                                                                                                                                                                                                                    |                                                                                     
|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.                                                                                                                                                                                                                                                                                                              |                                                                                     
|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 this Regulation AB, is maintained
    as set forth in the transaction agreements.                                                                                                                                                                                                                                                                                                                                    |