# EDGAR Filing Document

**Accession Number:** 0000850779
**File Stem:** 0001539497-23-000429
**Filing Date:** 2023-3
**Character Count:** 234777
**Document Hash:** a0c655cea1d71f2ab4e9a4bb07063c58
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001539497-23-000429.hdr.sgml**: 20230314

**ACCESSION NUMBER**: 0001539497-23-000429

**CONFORMED SUBMISSION TYPE**: ABS-15G

**PUBLIC DOCUMENT COUNT**: 5

**CONFORMED PERIOD OF REPORT**: 20230314

**ITEM INFORMATION**: Findings and Conclusions of the Third Party Due Diligence Provider Obtained by the Issuer

**FILED AS OF DATE**: 20230314

**DATE AS OF CHANGE**: 20230314

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: Y

**ABS ASSET CLASS**: Commercial mortgages

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WELLS FARGO COMMERCIAL MORTGAGE SECURITIES INC
- **CENTRAL INDEX KEY:** 0000850779
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **IRS NUMBER:** 561643598
- **STATE OF INCORPORATION:** NC
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-00461
- **FILM NUMBER:** 23732086

**BUSINESS ADDRESS:**
- **STREET 1:** 301 SOUTH COLLEGE STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28228-0166
- **BUSINESS PHONE:** 7043832556

**MAIL ADDRESS:**
- **STREET 1:** 301 SOUTH COLLEGE STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28228-0166

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WACHOVIA COMMERCIAL MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 20020304

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST UNION COMMERCIAL MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 19960520

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST UNION MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 19951013
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WELLS FARGO COMMERCIAL MORTGAGE SECURITIES INC
- **CENTRAL INDEX KEY:** 0000850779
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **IRS NUMBER:** 561643598
- **STATE OF INCORPORATION:** NC
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 333-257991

**BUSINESS ADDRESS:**
- **STREET 1:** 301 SOUTH COLLEGE STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28228-0166
- **BUSINESS PHONE:** 7043832556

**MAIL ADDRESS:**
- **STREET 1:** 301 SOUTH COLLEGE STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28228-0166

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WACHOVIA COMMERCIAL MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 20020304

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST UNION COMMERCIAL MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 19960520

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST UNION MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 19951013
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WELLS FARGO COMMERCIAL MORTGAGE SECURITIES INC
- **CENTRAL INDEX KEY:** 0000850779
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **IRS NUMBER:** 561643598
- **STATE OF INCORPORATION:** NC
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-00461

**BUSINESS ADDRESS:**
- **STREET 1:** 301 SOUTH COLLEGE STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28228-0166
- **BUSINESS PHONE:** 7043832556

**MAIL ADDRESS:**
- **STREET 1:** 301 SOUTH COLLEGE STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28228-0166

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WACHOVIA COMMERCIAL MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 20020304

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST UNION COMMERCIAL MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 19960520

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST UNION MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 19951013
**ISSUING ENTITY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BANK5 2023-5YR1
- **CENTRAL INDEX KEY:** 0001967945
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **STATE OF INCORPORATION:** NC
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act

**BUSINESS ADDRESS:**
- **STREET 1:** 301 SOUTH COLLEGE STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28228-0166
- **BUSINESS PHONE:** 7043832556

**MAIL ADDRESS:**
- **STREET 1:** 301 SOUTH COLLEGE STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28228-0166

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM ABS-15G**

**ASSET-BACKED SECURITIZER** 

**REPORT PURSUANT TO SECTION 15G OF** 

**THE SECURITIES EXCHANGE ACT OF 1934**

Check the appropriate box to indicate the filing obligation to which this form is intended to satisfy:

[_] Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period

_________________ to _________________

Date of Report (Date of earliest event reported)______________________

Commission File Number of securitizer: ____________________

Central Index Key Number of securitizer: ___________________

Name and telephone number, including area code, of the person to

contact in connection with this filing

Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(1) [_]

Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) [_]

Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) [_]

[✔] Rule 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2)

Central Index Key Number of depositor: <u>0000850779</u> 

<u>BANK5 2023-5YR1</u>

(Exact name of issuing entity as specified in its charter)

Central Index Key Number of issuing entity: <u>0001967945</u> 

A.J. Sfarra, (212) 214-5613

Name and telephone number, including area code, of the person to

contact in connection with this filing

**INFORMATION TO BE INCLUDED IN THE REPORT**

**PART II: FINDINGS AND CONCLUSIONS OF THIRD-PARTY DUE DILIGENCE REPORTS**

**Item 2.01 Findings and Conclusions of a Third Party Due Diligence Report Obtained by the Issuer**

Attached as <u>Exhibit 1</u> hereto is an agreed-upon procedures report, dated March 14, 2023, obtained by the depositor, with respect to certain agreed-upon procedures performed by Deloitte & Touche LLP.

Attached as <u>Exhibit 2</u> hereto is an underwriting information comparison agreed-upon procedures report, dated March 14, 2023, obtained by the depositor, with respect to certain agreed-upon procedures performed by Ernst & Young LLP.

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the reporting entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Wells Fargo Commercial Mortgage Securities, Inc.

(Depositor)

Date: March 14, 2023

<u>/s/ Anthony J. Sfarra</u> 

By: Anthony J. Sfarra, President<br> (senior officer in charge of securitization of the depositor)

*BANK5 2023-5YR1 – 15Ga-2*

**EXHIBIT INDEX**

<u>Exhibit Number</u> <u>Description</u> <br>Exhibit 1 Independent Accountants' Report on Applying Agreed-Upon Procedures, dated March 14, 2023, of Deloitte & Touche LLP.

Exhibit 2 Report of Independent Accountants on Applying Agreed-Upon Procedures, dated March 14, 2023, of Ernst & Young LLP.

## Ex-1

**Exhibit 1**

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|:---|:---|
| ![](deloittelogo.jpg) | **Deloitte & Touche LLP**<br> Suite 400<br> Harborside Plaza 10<br> Jersey City, NJ 07311<br> USA<br>Tel: +1 212 937 8200<br> Fax: +1 212 937 8298<br> www.deloitte.com<br>|

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&nbsp;&nbsp; Wells Fargo Commercial Mortgage Securities, Inc.<br> 30 Hudson Yards<br> New York, New York 10001<br>

**Independent Accountants' Report**

**<u>on Applying Agreed-Upon Procedures</u>**

We have performed the procedures described below related to certain information with respect to a portfolio of commercial mortgage loans in connection with the proposed offering of certain classes of BANK5 2023-5YR1, Commercial Mortgage Pass-Through Certificates, Series 2023-5YR1. Wells Fargo Commercial Mortgage Securities, Inc. (the **"Company"**) is responsible for the information provided to us, including the information set forth in the Data File (as defined herein).

The Company has agreed to the procedures and acknowledged that the procedures performed are appropriate to meet the intended purpose of evaluating the accuracy of certain information set forth in the Data File. Additionally, Wells Fargo Bank, National Association, Wells Fargo Securities, LLC, Morgan Stanley & Co. LLC, Morgan Stanley Mortgage Capital Holdings LLC, Bank of America, National Association, BofA Securities, Inc., Citi Real Estate Funding Inc., Citigroup Global Markets Inc., Academy Securities, Inc., Drexel Hamilton, LLC and Siebert Williams Shank & Co., LLC (together with the Company, the **"Specified Parties"**) have agreed to the procedures and acknowledged that the procedures performed are appropriate for their purposes. This report may not be suitable for any other purpose. The procedures performed may not address all of the items of interest to a user of the report and may not meet the needs of all users of the report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. Consequently, we make no representations regarding the appropriateness of the procedures described below either for the purpose for which this report has been requested or for any other purpose.

We performed certain procedures on earlier versions of the Data File and communicated differences prior to being provided the final Data File which was subjected to the procedures described below.

Capitalized terms used but not defined herein are used with the meanings as described in "The Bond Market Association's Standard Formulas for the Analysis of Mortgage-Backed Securities and Other Related Securities."

**<u>Procedures and Findings</u>**

On March 14, 2023, representatives of the Company provided us with a computer generated mortgage loan data file and related record layout (the **"Data File"**) containing (i) 9 mortgage loans contributed by Wells Fargo Bank, National Association (**"WFB"**) that are secured by 53 mortgaged properties (the **"WFB Loans"**), (ii) 7 mortgage loans contributed by Morgan Stanley Mortgage Capital Holdings LLC (**"MSMCH"**) that are secured by 31 mortgaged properties (the **"MSMCH Loans"**), (iii) 1 mortgage loan contributed by Bank of America, National Association (**"BANA"**) tha tis secured by 15 mortgaged properties (the **"BANA Loan"**), (iv) 6 mortgage

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|:---|
| **Member of** |
| Deloitte Touche Tohmatsu Limited |

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loans contributed by Citi Real Estate Funding Inc. **("CREFI"**) that are secured by 28 mortgaged properties (the **"CREFI Loans"**) and (v) 1 mortgage loan contributed by WFB, BANA and CREFI (**"WFB/BANA/CREFI")** that is secured by 7 mortgaged properties (the **"WFB/BANA/CREFI Loan"**). Together, WFB, MSMCH, BANA, CREFI and WFB/BANA/CREFI are referred to herein as the **"Mortgage Loan Sellers"** and the WFB Loans, MSMCH Loans, BANA Loan, CREFI Loans and WFB/BANA/CREFI Loan are referred to herein as the **"Mortgage Loans."**

From January 23, 2023 through March 14, 2023, representatives of each of the Mortgage Loan Sellers provided us with certain Source Documents (as defined in the attached Appendix A) related to the Mortgage Loans.

At your request, for each of the Mortgage Loans set forth on the Data File, we compared certain characteristics (the **"Characteristics"** as indicated on Appendix A), except for those Characteristics identified on Appendix A as "Identification purposes only - not applicable," "None - Mortgage Loan Seller Provided" or "Not applicable," to the corresponding information set forth on or derived from the corresponding Source Documents and found them to be in agreement.

\*\*\*\*\*\*

We make no representations as to (i) the actual characteristics or existence of the underlying documents or data comprising the Mortgage Loans underlying the Data File or the conformity of their respective characteristics with those assumed for purposes of the procedures described herein, (ii) whether the Source Documents are comprehensive and valid instruments and reflect the current prevailing terms with respect to the corresponding Mortgage Loans, (iii) the existence or ownership of the Mortgage Loans or (iv) the reasonableness of any of the aforementioned assumptions, information or methodologies.

It should be understood that we make no representations as to questions of legal interpretation or as to the sufficiency for your purposes of the procedures enumerated in the preceding paragraphs. Also, such procedures would not necessarily reveal any material misstatement of the information referred to above. We have no responsibility to update this report for events and circumstances that occur subsequent to the date of this report.

We were engaged by the Company to perform this agreed-upon procedures engagement and conducted our engagement in accordance with attestation standards established by the American Institute of Certified Public Accountants ("AICPA"). An agreed-upon procedures engagement involves the practitioner performing specific procedures that the engaging party has agreed to and acknowledged to be appropriate for the purpose of the engagement and reporting on findings based on the procedures performed. We were not engaged to conduct, and did not conduct, an (i) audit conducted in accordance with generally accepted auditing standards or (ii) examination or a review engagement conducted in accordance with attestation standards established by the AICPA, the objective of which would be the expression of an opinion or conclusion, respectively, on the Data File. Accordingly, we do not express such an opinion or conclusion, or any other form of assurance, including reasonable assurance. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.

We are required to be independent of the Company and to meet our other ethical responsibilities, as applicable for agreed-upon procedures engagements set forth in the Preface: Applicable to All Members and Part 1 – Members in Public Practice of the Code of Professional Conduct established

by the AICPA. Independence requirements for agreed-upon procedure engagements are less restrictive than independence requirements for audit and other attestation services.

None of the engagement, procedures or report was intended to address, nor did they address, the (i) conformity of the origination of the assets to stated underwriting or credit extension guidelines, standards, criteria or other requirements, (ii) value of collateral securing such assets or (iii) compliance of the originator of the assets with federal, state, and local laws and regulations.

None of the engagement, procedures or report were intended to satisfy, nor did they satisfy, any criteria for due diligence published by a nationally recognized statistical rating organization.

This report is intended solely for the use and information of the Specified Parties identified above and is not intended to be and should not be used by anyone other than these Specified Parties.

Yours truly,

/s/ Deloitte & Touche LLP

March 14, 2023

**Appendix A**

**Source Documents**

For purposes of performing the agreed-upon procedures described herein and at your request, we relied upon the following source documents as provided to us by each of the respective Mortgage Loan Sellers, with respect to each of the Mortgage Loans (the **"Source Documents"**):

Loan agreements, promissory notes, consolidated, amended and restated promissory notes, indentures, note purchase agreements, pari passu loan agreements, pari passu promissory notes, draft pari passu promissory notes, mortgage, deed of trusts or reserve agreements (collectively, the **"Loan Agreement"**);

Subordinate loan agreement, subordinate promissory note or b-note (collectively, the **"Subordinate Loan Document"**);

Subordinate unsecured loan agreement or subordinate unsecured promissory note (collectively, the **"Subordinate Unsecured Loan Document"**);

Mezzanine loan agreement or mezzanine promissory note (collectively, the **"Mezzanine Loan Document"**);

The guaranty agreements or environmental indemnity agreement (collectively, the **"Guaranty"**);

Cash management agreement, draft cash management agreement, lockbox agreements, deposit account control agreement, and/or the restricted account agreement (collectively, the **"Cash Management Agreement"**);

The closing statements or servicing system screen prints (collectively, the **"Closing Statement"**);

Non-consolidation opinion letters (the **"Non-Consolidation Opinion"**);

Ground leases and ground lease estoppels (collectively, the **"Ground Lease"**);

The real estate property appraisal reports (the **"Appraisal Report"**);

United States Postal Service website – www.usps.com (**"USPS"**);

Property condition reports (the **"Engineering Report"**);

Borrower rent rolls, underwritten rent rolls, tenant leases lease abstracts, lease summaries or lease estoppels (collectively, the **"Rent Roll"**);

The title policies or pro-forma title policies (collectively, the **"Title Policy"**);

The phase I environmental reports (the **"Phase I Report"**);

The phase II environmental reports (the **"Phase II Report"**);

The seismic reports (the **"Seismic Report"**);

The underwritten financial summaries (the **"Underwritten Financial Summary Report"**);

Asset summary reports (**"ASR"**);

Property Hazard and Liability Insurance Certificates (collectively, the **"Insurance Certificate"**);

Servicer reports and records and provided electronic files (collectively, the **"Servicer Records"**);

EDGAR ABS XML technical specification (Version 2.0) document dated September 20, 2021 (the "**EDGAR ABS XML Technical Specification Document**");

Promissory note splitter or draft promissory note splitter (collectively, the **"Promissory Note Splitter"**);

Condominium Organizational Documents (the **"Condominium Organizational Documents"**); and

Flood hazard determination report (the **"Flood Hazard Determination"**).

\*\*\*\*\*

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| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan Pool No. | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan / Property Flag | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Mortgage Loan Seller | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Mortgage Loan Originator | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Property Name | &nbsp;&nbsp;Identification purposes only - not applicable |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;% by Cut-off Date Balance | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Original Balance | &nbsp;&nbsp;Loan Agreement/Promissory Note Splitter |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;% of Loan Balance | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Cut-off Date Balance | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Maturity Date Balance | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Cut-off Date Balance per Unit or SF | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Number of Properties | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Street Address | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;City | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;State | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Zip Code | &nbsp;&nbsp;Appraisal Report/USPS |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;County | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;North or South CA (NCA/SCA) | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Property Type | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Property Sub-Type | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Units/SF | &nbsp;&nbsp;Rent Roll/Appraisal Report |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Year Built | &nbsp;&nbsp;Appraisal Report/Engineering Report |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Year Renovated | &nbsp;&nbsp;Appraisal Report/Engineering Report |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Single-Tenant (Y/N) | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Owner-Occupied >20% (Y/N - %) | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Percent Leased | &nbsp;&nbsp;Rent Roll/Appraisal Report |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Percent Leased as of Date | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Sec. 8 (Multifamily) (Y/N) | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;No. of Sec. 8 Units | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Sec. 42 (Multifamily) (Y/N) | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;No. of Sec. 42 Units | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Hotel Franchise Agreement Expiration Date | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Condo Component (Y/N - % of Borrower Control) | &nbsp;&nbsp;Rent Roll/Condominium Organizational Documents |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Ownership Interest | &nbsp;&nbsp;Title Policy |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Ground Lease Expiration Date | &nbsp;&nbsp;Ground Lease |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Ground Lease Extension Terms | &nbsp;&nbsp;Ground Lease |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Annual Ground Lease Payment as of the Cut-off Date ($) | &nbsp;&nbsp;Ground Lease |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Annual Ground Rent Increases (Y/N) | &nbsp;&nbsp;Ground Lease |

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| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Appraised Value Type | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Value as of Date | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Borrower Name | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Sponsor | &nbsp;&nbsp;Loan Agreement/ASR |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Nonrecourse Carve-out Guarantor | &nbsp;&nbsp;Guaranty/Loan Agreement |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Environmental Indemnitor | &nbsp;&nbsp;Guaranty/Loan Agreement |
| &nbsp;&nbsp;46 | &nbsp;&nbsp;Borrower Type (LLC, LP, TIC, DST, Corp, etc.) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;47 | &nbsp;&nbsp;Borrower State of Incorporation | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;48 | &nbsp;&nbsp;New or Recycled Borrowing Entity | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;49 | &nbsp;&nbsp;SPE (Y/N) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;50 | &nbsp;&nbsp;Non-Consolidation Opinion (Y/N) | &nbsp;&nbsp;Non-Consolidation Opinion |
| &nbsp;&nbsp;51 | &nbsp;&nbsp;Independent Director (Y/N) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;52 | &nbsp;&nbsp;Related Borrowers (Y/N) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;53 | &nbsp;&nbsp;Related Borrower Pool | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;54 | &nbsp;&nbsp;Cross Collateralized / Cross Defaulted (Y/N) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;55 | &nbsp;&nbsp;Crossed Group | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;56 | &nbsp;&nbsp;Acquisition or Refinance | &nbsp;&nbsp;Closing Statement/ASR/Servicer Records |
| &nbsp;&nbsp;57 | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;58 | &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Loan Agreement<sup>1</sup> |
| &nbsp;&nbsp;59 | &nbsp;&nbsp;First P&I Payment Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;60 | &nbsp;&nbsp;Maturity Date or ARD | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;61 | &nbsp;&nbsp;ARD Loan (Y/N) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;62 | &nbsp;&nbsp;Final Maturity Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;63 | &nbsp;&nbsp;ARD Rate Step | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;64 | &nbsp;&nbsp;Lockbox Type | &nbsp;&nbsp;Cash Management Agreement/Loan Agreement |
| &nbsp;&nbsp;65 | &nbsp;&nbsp;Cash Management Status | &nbsp;&nbsp;Cash Management Agreement/Loan Agreement |
| &nbsp;&nbsp;66 | &nbsp;&nbsp;Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | &nbsp;&nbsp;Cash Management Agreement/Loan Agreement |
| &nbsp;&nbsp;67 | &nbsp;&nbsp;Tenant Specific Excess Cash Trap Trigger (Y/N) | &nbsp;&nbsp;Cash Management Agreement/Loan Agreement |
| &nbsp;&nbsp;68 | &nbsp;&nbsp;Original Term to Maturity or ARD (mos.) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;69 | &nbsp;&nbsp;Remaining Term to Maturity or ARD (mos.) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;70 | &nbsp;&nbsp;Original IO Period (mos.) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;71 | &nbsp;&nbsp;Remaining IO Period (mos.) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;72 | &nbsp;&nbsp;Original Amort. Term (mos.) | &nbsp;&nbsp;Refer to calculation procedures |

---

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| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;73 | &nbsp;&nbsp;Remaining Amort. Term (mos.) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;74 | &nbsp;&nbsp;Amort. Type | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;75 | &nbsp;&nbsp;Interest Accrual Method | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;76 | &nbsp;&nbsp;Rate | &nbsp;&nbsp;Loan Agreement/Promissory Note Splitter |
| &nbsp;&nbsp;77 | &nbsp;&nbsp;Monthly Debt Service (P&I) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;78 | &nbsp;&nbsp;Monthly Debt Service (IO) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;79 | &nbsp;&nbsp;Annual Debt Service (P&I) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;80 | &nbsp;&nbsp;Annual Debt Service (IO) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;81 | &nbsp;&nbsp;Underwritten NOI DSCR (x) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;82 | &nbsp;&nbsp;Underwritten NCF DSCR (x) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;83 | &nbsp;&nbsp;Cut-off Date LTV | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;84 | &nbsp;&nbsp;Maturity Date LTV | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;85 | &nbsp;&nbsp;Third Most Recent Revenues | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;86 | &nbsp;&nbsp;Third Most Recent Expenses | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;87 | &nbsp;&nbsp;Third Most Recent NOI | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;88 | &nbsp;&nbsp;Third Most Recent ADR ($) | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;89 | &nbsp;&nbsp;Third Most Recent RevPAR ($) | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;90 | &nbsp;&nbsp;Third Most Recent Hotel Occupancy (%) | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;91 | &nbsp;&nbsp;Third Most Recent NOI Date | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;92 | &nbsp;&nbsp;Third Most Recent Description | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;93 | &nbsp;&nbsp;Second Most Recent Revenues | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;94 | &nbsp;&nbsp;Second Most Recent Expenses | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;95 | &nbsp;&nbsp;Second Most Recent NOI | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;96 | &nbsp;&nbsp;Second Most Recent ADR ($) | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;97 | &nbsp;&nbsp;Second Most Recent RevPAR ($) | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;98 | &nbsp;&nbsp;Second Most Recent Hotel Occupancy (%) | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;99 | &nbsp;&nbsp;Second Most Recent NOI Date | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;100 | &nbsp;&nbsp;Second Most Recent Description | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;101 | &nbsp;&nbsp;Most Recent Revenues | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;102 | &nbsp;&nbsp;Most Recent Expenses | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;103 | &nbsp;&nbsp;Most Recent NOI | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;104 | &nbsp;&nbsp;Most Recent ADR ($) | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;105 | &nbsp;&nbsp;Most Recent RevPAR ($) | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;106 | &nbsp;&nbsp;Most Recent Hotel Occupancy (%) | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;107 | &nbsp;&nbsp;Most Recent NOI Date | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;108 | &nbsp;&nbsp;Most Recent Description | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;109 | &nbsp;&nbsp;Underwritten Occupancy % | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;110 | &nbsp;&nbsp;Underwritten EGI | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;111 | &nbsp;&nbsp;Underwritten Expenses | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;112 | &nbsp;&nbsp;Underwritten NOI | &nbsp;&nbsp;Underwritten Financial Summary Report |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;113 | &nbsp;&nbsp;Underwritten NOI Debt Yield | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;114 | &nbsp;&nbsp;Underwritten Cap Ex | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;115 | &nbsp;&nbsp;Underwritten TI/LC | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;116 | &nbsp;&nbsp;Underwritten NCF | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;117 | &nbsp;&nbsp;Underwritten NCF Debt Yield | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;118 | &nbsp;&nbsp;Underwritten ADR ($) | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;119 | &nbsp;&nbsp;Underwritten RevPAR ($) | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;120 | &nbsp;&nbsp;Underwritten Hotel Occupancy (%) | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;121 | &nbsp;&nbsp;Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;122 | &nbsp;&nbsp;Lease Expiration Date of Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;123 | &nbsp;&nbsp;NSF of Largest Tenant (SF) | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;124 | &nbsp;&nbsp;% NSF of the Largest Tenant (%) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;125 | &nbsp;&nbsp;2nd Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;126 | &nbsp;&nbsp;Lease Expiration of 2nd Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;127 | &nbsp;&nbsp;NSF of 2nd Largest Tenant (SF) | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;128 | &nbsp;&nbsp;% NSF of 2nd Largest Tenant (%) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;129 | &nbsp;&nbsp;3rd Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;130 | &nbsp;&nbsp;Lease Expiration of 3rd Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;131 | &nbsp;&nbsp;NSF of 3rd Largest Tenant (SF) | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;132 | &nbsp;&nbsp;% NSF of 3rd Largest Tenant (%) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;133 | &nbsp;&nbsp;4th Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;134 | &nbsp;&nbsp;Lease Expiration of 4th Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;135 | &nbsp;&nbsp;NSF of 4th Largest Tenant (SF) | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;136 | &nbsp;&nbsp;% NSF of 4th Largest Tenant (%) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;137 | &nbsp;&nbsp;5th Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;138 | &nbsp;&nbsp;Lease Expiration of 5th Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;139 | &nbsp;&nbsp;NSF of 5th Largest Tenant (SF) | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;140 | &nbsp;&nbsp;% NSF of 5th Largest Tenant (%) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;141 | &nbsp;&nbsp;Top Five Movie Theater Tenant (Y/N) | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;142 | &nbsp;&nbsp;Top Five Health Club Tenant (Y/N) | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;143 | &nbsp;&nbsp;Top Five Bank Branch Tenant (Y/N) | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;144 | &nbsp;&nbsp;Top Five Restaurant Tenant (Y/N) | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;145 | &nbsp;&nbsp;Top Five Medical Office Tenant (Y/N) | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;146 | &nbsp;&nbsp;Tax Escrow in Place (Y/N) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;147 | &nbsp;&nbsp;Initial Tax Escrow Amount ($) | &nbsp;&nbsp;Closing Statement/Servicer Records |
| &nbsp;&nbsp;148 | &nbsp;&nbsp;Ongoing Tax Escrow - Monthly ($) | &nbsp;&nbsp;Closing Statement/Servicer Records |
| &nbsp;&nbsp;149 | &nbsp;&nbsp;Terms or Conditions for Springing Tax Reserve Requirement | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;150 | &nbsp;&nbsp;Current Tax Escrow Balance | &nbsp;&nbsp;Servicer Records |
| &nbsp;&nbsp;151 | &nbsp;&nbsp;Interest on Tax Escrow Goes to: | &nbsp;&nbsp;Loan Agreement |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;152 | &nbsp;&nbsp;Insurance Escrow in Place (Y/N) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;153 | &nbsp;&nbsp;Initial Insurance Escrow Amount ($) | &nbsp;&nbsp;Closing Statement/Servicer Records |
| &nbsp;&nbsp;154 | &nbsp;&nbsp;Ongoing Insurance Escrow - Monthly ($) | &nbsp;&nbsp;Closing Statement/Servicer Records |
| &nbsp;&nbsp;155 | &nbsp;&nbsp;Terms or Conditions for Springing Insurance Reserve Requirement | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;156 | &nbsp;&nbsp;Current Insurance Escrow Balance | &nbsp;&nbsp;Servicer Records |
| &nbsp;&nbsp;157 | &nbsp;&nbsp;Interest on Insurance Escrow Goes to: | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;158 | &nbsp;&nbsp;Deferred Maintenance Escrow in Place (Y/N) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;159 | &nbsp;&nbsp;Deferred Maintenance Escrow Amount ($) | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;160 | &nbsp;&nbsp;Interest on Deferred Maint. Escrow Goes to: | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;161 | &nbsp;&nbsp;Cap Ex Escrow in Place (Y/N) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;162 | &nbsp;&nbsp;Initial Cap Ex Escrow Amount ($) | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;163 | &nbsp;&nbsp;Ongoing Cap Ex Escrow - Monthly ($) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;164 | &nbsp;&nbsp;Annual Cap Ex Reserve Requirement per SF/Unit ($) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;165 | &nbsp;&nbsp;Cap Ex Reserve Cap ($ and Description) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;166 | &nbsp;&nbsp;Terms or Conditions for Springing Cap Ex Reserve Requirement | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;167 | &nbsp;&nbsp;Current Cap Ex Escrow Balance | &nbsp;&nbsp;Servicer Records |
| &nbsp;&nbsp;168 | &nbsp;&nbsp;Interest on Cap Ex Escrow Goes to: | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;169 | &nbsp;&nbsp;TI/LC Escrow in Place (Y/N) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;170 | &nbsp;&nbsp;Initial TI/LC Escrow Amount ($) | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;171 | &nbsp;&nbsp;Ongoing TI/LC Escrow - Monthly ($) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;172 | &nbsp;&nbsp;Annual TI/LC Escrow per SF/Unit ($) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;173 | &nbsp;&nbsp;TI/LC Reserve Cap ($ and Description) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;174 | &nbsp;&nbsp;Terms or Conditions for Springing TI/LC Reserve Requirement | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;175 | &nbsp;&nbsp;Current TI/LC Balance | &nbsp;&nbsp;Servicer Records |
| &nbsp;&nbsp;176 | &nbsp;&nbsp;Interest on TI/LC Escrow Goes to: | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;177 | &nbsp;&nbsp;Upfront Debt Service Reserve ($) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;178 | &nbsp;&nbsp;Monthly Debt Service Reserve ($) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;179 | &nbsp;&nbsp;Debt Service Reserve Cap ($) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;180 | &nbsp;&nbsp;Description of "Other" Escrows | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;181 | &nbsp;&nbsp;Initial Other Escrow Amount ($) | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;182 | &nbsp;&nbsp;Ongoing Other Escrow - Monthly ($) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;183 | &nbsp;&nbsp;Other Reserve Cap ($) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;184 | &nbsp;&nbsp;Terms or Conditions for Springing Other Reserve Requirement | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;185 | &nbsp;&nbsp;Current Other Balance | &nbsp;&nbsp;Servicer Records |
| &nbsp;&nbsp;186 | &nbsp;&nbsp;Interest on Other Escrow Goes to: | &nbsp;&nbsp;Loan Agreement |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;187 | &nbsp;&nbsp;Other Escrow Description/ Release Provisions | &nbsp;&nbsp;Loan Agreement/Closing Statement |
| &nbsp;&nbsp;188 | &nbsp;&nbsp;Holdback/ Earnout Amount ($) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;189 | &nbsp;&nbsp;Holdback/ Earnout Description | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;190 | &nbsp;&nbsp;FIRREA Appraisal (Y/N) | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;191 | &nbsp;&nbsp;Phase I Date | &nbsp;&nbsp;Phase I Report |
| &nbsp;&nbsp;192 | &nbsp;&nbsp;Phase II Date | &nbsp;&nbsp;Phase II Report |
| &nbsp;&nbsp;193 | &nbsp;&nbsp;Engineering Report Date | &nbsp;&nbsp;Engineering Report |
| &nbsp;&nbsp;194 | &nbsp;&nbsp;Seismic Report Date | &nbsp;&nbsp;Seismic Report |
| &nbsp;&nbsp;195 | &nbsp;&nbsp;Earthquake Zone 3 or 4 (Y/N) | &nbsp;&nbsp;Seismic Report |
| &nbsp;&nbsp;196 | &nbsp;&nbsp;PML % | &nbsp;&nbsp;Seismic Report |
| &nbsp;&nbsp;197 | &nbsp;&nbsp;Earthquake Insurance (Y/N) | &nbsp;&nbsp;Insurance Certificate |
| &nbsp;&nbsp;198 | &nbsp;&nbsp;Windstorm Insurance (Y/N) | &nbsp;&nbsp;Insurance Certificate |
| &nbsp;&nbsp;199 | &nbsp;&nbsp;Flood Zone (Y/N) | &nbsp;&nbsp;Appraisal Report/Flood Hazard Determination |
| &nbsp;&nbsp;200 | &nbsp;&nbsp;Flood Insurance (Y/N) | &nbsp;&nbsp;Insurance Certificate |
| &nbsp;&nbsp;201 | &nbsp;&nbsp;Environmental Insurance (Y/N) | &nbsp;&nbsp;Insurance Certificate |
| &nbsp;&nbsp;202 | &nbsp;&nbsp;Environmental Insurance in Lieu of Phase II (Y/N) | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;203 | &nbsp;&nbsp;Due Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;204 | &nbsp;&nbsp;Debt Service Payment Grace Period to Impose Late Charge | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;205 | &nbsp;&nbsp;Debt Service Grace Period to Call a Default | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;206 | &nbsp;&nbsp;Assumption Provision (Y/N) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;207 | &nbsp;&nbsp;Assumption/Fee | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;208 | &nbsp;&nbsp;Partial Collateral Release (Y/N) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;209 | &nbsp;&nbsp;Partial Collateral Release and Prepayment Descriptions | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;210 | &nbsp;&nbsp;Outparcel or Other Release (Y/N) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;211 | &nbsp;&nbsp;Outparcel or Other Release Description | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;212 | &nbsp;&nbsp;Substitution Allowed (Y/N) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;213 | &nbsp;&nbsp;Substitution Provision Description | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;214 | &nbsp;&nbsp;Voluntary Partial Prepayment Permitted (Y/N) (escrows, LOCs, other, etc.) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;215 | &nbsp;&nbsp;Partial Prepayment Description | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;216 | &nbsp;&nbsp;Seasoning | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;217 | &nbsp;&nbsp;Prepayment String | &nbsp;&nbsp;Loan Agreement<sup>1</sup> |
| &nbsp;&nbsp;218 | &nbsp;&nbsp;LO End Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;219 | &nbsp;&nbsp;Pari Passu (Y/N)? | &nbsp;&nbsp;Loan Agreement/Promissory Note Splitter |
| &nbsp;&nbsp;220 | &nbsp;&nbsp;Current Additional Financing in Place (Y/N/Silent) | &nbsp;&nbsp;Subordinate Loan Document/Subordinate Unsecured Loan Document/Mezzanine Loan Document/Promissory Note Splitter |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;221 | &nbsp;&nbsp;Type of Additional Financing | &nbsp;&nbsp;Subordinate Loan Document/Subordinate Unsecured Loan Document/Mezzanine Loan Document/Promissory Note Splitter |
| &nbsp;&nbsp;222 | &nbsp;&nbsp;Additional Financing Original Balance | &nbsp;&nbsp;Loan Agreement/Subordinate Loan Document/Subordinate Unsecured Loan Document/Mezzanine Loan Document/Promissory Note Splitter |
| &nbsp;&nbsp;223 | &nbsp;&nbsp;Additional Financing Permitted In Future (Y/N/Silent) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;224 | &nbsp;&nbsp;Type of Additional Future Financing | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;225 | &nbsp;&nbsp;Terms of Future Additional Financing | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;226 | &nbsp;&nbsp;Pari Passu in Trust Controlling (Y/N) | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;227 | &nbsp;&nbsp;Total Trust Exposure | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;228 | &nbsp;&nbsp;Cut-off Date Pari Passu Mortgage Debt Balance | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;229 | &nbsp;&nbsp;Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;230 | &nbsp;&nbsp;Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;231 | &nbsp;&nbsp;Cut-off Date Subordinate Mortgage Debt Balance | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;232 | &nbsp;&nbsp;Subordinate Companion Loan Interest Rate | &nbsp;&nbsp;Subordinate Loan Document |
| &nbsp;&nbsp;233 | &nbsp;&nbsp;Cut Off Date Whole Note Loan Balance | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;234 | &nbsp;&nbsp;Whole Loan Monthly Debt Service ($) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;235 | &nbsp;&nbsp;Whole Loan Cut-off Date LTV Ratio (%) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;236 | &nbsp;&nbsp;Whole Loan Underwritten NCF DSCR (x) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;237 | &nbsp;&nbsp;Whole Loan Underwritten NOI Debt Yield (%) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;238 | &nbsp;&nbsp;Cut-off Date Mezzanine Debt Balance | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;239 | &nbsp;&nbsp;Mezzanine Debt Interest Rate (%) | &nbsp;&nbsp;Mezzanine Loan Document |
| &nbsp;&nbsp;240 | &nbsp;&nbsp;Total Debt Cut-off Date Balance ($) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;241 | &nbsp;&nbsp;Total Debt Monthly Debt Service ($) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;242 | &nbsp;&nbsp;Total Debt Cut-off Date LTV Ratio | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;243 | &nbsp;&nbsp;Total Debt UW NCF DSCR | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;244 | &nbsp;&nbsp;Total Debt UW NOI Debt Yield | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;245 | &nbsp;&nbsp;Sources: Loan Amount ($) | &nbsp;&nbsp;Closing Statement/Servicer Records <sup>2</sup> |
| &nbsp;&nbsp;246 | &nbsp;&nbsp;Sources: Principal's New Cash Contribution ($) | &nbsp;&nbsp;Closing Statement/Servicer Records <sup>2</sup> |
| &nbsp;&nbsp;247 | &nbsp;&nbsp;Sources: Subordinate Debt ($) | &nbsp;&nbsp;Closing Statement/Servicer Records <sup>2</sup> |
| &nbsp;&nbsp;248 | &nbsp;&nbsp;Sources: Other Sources ($) | &nbsp;&nbsp;Closing Statement/Servicer Records <sup>2</sup> |
| &nbsp;&nbsp;249 | &nbsp;&nbsp;Sources: Total Sources ($) | &nbsp;&nbsp;Closing Statement/Servicer Records <sup>2</sup> |
| &nbsp;&nbsp;250 | &nbsp;&nbsp;Uses: Loan Payoff ($) | &nbsp;&nbsp;Closing Statement/Servicer Records <sup>2</sup> |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;251 | &nbsp;&nbsp;Uses: Purchase Price ($) | &nbsp;&nbsp;Closing Statement/Servicer Records <sup>2</sup> |
| &nbsp;&nbsp;252 | &nbsp;&nbsp;Uses: Closing Costs ($) | &nbsp;&nbsp;Closing Statement/Servicer Records <sup>2</sup> |
| &nbsp;&nbsp;253 | &nbsp;&nbsp;Uses: Reserves ($) | &nbsp;&nbsp;Closing Statement/Servicer Records <sup>2</sup> |
| &nbsp;&nbsp;254 | &nbsp;&nbsp;Uses: Principal Equity Distribution ($) | &nbsp;&nbsp;Closing Statement/Servicer Records <sup>2</sup> |
| &nbsp;&nbsp;255 | &nbsp;&nbsp;Uses: Other Uses ($) | &nbsp;&nbsp;Closing Statement/Servicer Records <sup>2</sup> |
| &nbsp;&nbsp;256 | &nbsp;&nbsp;Uses: Total Uses ($) | &nbsp;&nbsp;Closing Statement/Servicer Records <sup>2</sup> |
| &nbsp;&nbsp;257 | &nbsp;&nbsp;Investment Grade Y/N | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;258 | &nbsp;&nbsp;Notes | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;259 | &nbsp;&nbsp;Coop - Rental Value (as applicable) | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;260 | &nbsp;&nbsp;Coop - LTV as Rental (as applicable) | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;261 | &nbsp;&nbsp;Coop - Unsold Percent (as applicable) | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;262 | &nbsp;&nbsp;Coop - Sponsor Units (as applicable) | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;263 | &nbsp;&nbsp;Coop - Investor Units (as applicable) | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;264 | &nbsp;&nbsp;Coop - Coop Units (as applicable) | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;265 | &nbsp;&nbsp;Coop - Sponsor/Investor Carry (as applicable) | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;266 | &nbsp;&nbsp;Coop - Committed Secondary Debt (as applicable) | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;267 | &nbsp;&nbsp;Asset Type Number | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;268 | &nbsp;&nbsp;Group ID | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;269 | &nbsp;&nbsp;Reporting Period Beginning Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;270 | &nbsp;&nbsp;Reporting Period End Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;271 | &nbsp;&nbsp;Interest Accrual Method Code | &nbsp;&nbsp;Loan Agreement/EDGAR ABS XML Technical Specification Document |
| &nbsp;&nbsp;272 | &nbsp;&nbsp;Original Interest Rate Type Code | &nbsp;&nbsp;Loan Agreement/EDGAR ABS XML Technical Specification Document |
| &nbsp;&nbsp;273 | &nbsp;&nbsp;Underwriting Indicator | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;274 | &nbsp;&nbsp;Lien Position Securitization Code | &nbsp;&nbsp;Loan Agreement/EDGAR ABS XML Technical Specification Document |
| &nbsp;&nbsp;275 | &nbsp;&nbsp;Loan Structure Code | &nbsp;&nbsp;Loan Agreement/EDGAR ABS XML Technical Specification Document |
| &nbsp;&nbsp;276 | &nbsp;&nbsp;Periodic Principal and Interest Payment Securitization Amount | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;277 | &nbsp;&nbsp;Payment Type Code | &nbsp;&nbsp;Loan Agreement/EDGAR ABS XML Technical Specification Document |
| &nbsp;&nbsp;278 | &nbsp;&nbsp;Payment Frequency Code | &nbsp;&nbsp;Loan Agreement/EDGAR ABS XML Technical Specification Document |
| &nbsp;&nbsp;279 | &nbsp;&nbsp;Interest Only Indicator | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;280 | &nbsp;&nbsp;Balloon Indicator | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;281 | &nbsp;&nbsp;Prepayment Premium Indicator | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;282 | &nbsp;&nbsp;Negative Amortization Indicator | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;283 | &nbsp;&nbsp;Modified Indicator | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;284 | &nbsp;&nbsp;Arm Index Code | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;285 | &nbsp;&nbsp;First Rate Adjustment Date | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;286 | &nbsp;&nbsp;First Payment Adjustment Date | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;287 | &nbsp;&nbsp;ARM Margin Number | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;288 | &nbsp;&nbsp;Lifetime Rate Cap Percentage | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;289 | &nbsp;&nbsp;Lifetime Rate Floor Percentage | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;290 | &nbsp;&nbsp;Periodic Rate Increase Limit Percentage | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;291 | &nbsp;&nbsp;Periodic Rate Decrease Limit Percentage | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;292 | &nbsp;&nbsp;Periodic Payment Adjustment Maximum Amount | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;293 | &nbsp;&nbsp;Periodic Payment Adjustment Maximum Percent | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;294 | &nbsp;&nbsp;Rate Reset Frequency Code | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;295 | &nbsp;&nbsp;Payment Reset Frequency Code | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;296 | &nbsp;&nbsp;Index Lookback Days Number | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;297 | &nbsp;&nbsp;Yield Maintenance End Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;298 | &nbsp;&nbsp;Prepayment Premiums End Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;299 | &nbsp;&nbsp;Maximum Negative Amortization Allowed Percentage | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;300 | &nbsp;&nbsp;Maximum Negative Amortization Allowed Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;301 | &nbsp;&nbsp;Negative Amortization Deferred Interest Cap Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;302 | &nbsp;&nbsp;Deferred Interest Cumulative Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;303 | &nbsp;&nbsp;Deferred Interest Collected Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;304 | &nbsp;&nbsp;Property Type Code | &nbsp;&nbsp;Appraisal Report/EDGAR ABS XML Technical Specification Document |
| &nbsp;&nbsp;305 | &nbsp;&nbsp;Net Rentable Square Feet Number | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;306 | &nbsp;&nbsp;Net Rentable Square Feet Securitization Number | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;307 | &nbsp;&nbsp;Units Beds Rooms Number | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;308 | &nbsp;&nbsp;Units Beds Rooms Securitization Number | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;309 | &nbsp;&nbsp;Valuation Source Securitization Code | &nbsp;&nbsp;Appraisal Report/EDGAR ABS XML Technical Specification Document |
| &nbsp;&nbsp;310 | &nbsp;&nbsp;Most Recent Valuation Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;311 | &nbsp;&nbsp;Most Recent Valuation Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;312 | &nbsp;&nbsp;Most Recent Valuation Source Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;313 | &nbsp;&nbsp;Property Status Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;314 | &nbsp;&nbsp;Defeasance Option Start Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;315 | &nbsp;&nbsp;Defeased Status Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;316 | &nbsp;&nbsp;AL_Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;317 | &nbsp;&nbsp;AL Lease Expiration Largest Tenant Date | &nbsp;&nbsp;Rent Roll |

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| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;318 | &nbsp;&nbsp;AL_Second Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;319 | &nbsp;&nbsp;AL Lease Expiration Second Largest Tenant Date | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;320 | &nbsp;&nbsp;AL_Third Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;321 | &nbsp;&nbsp;AL Lease Expiration Third Largest Tenant Date | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;322 | &nbsp;&nbsp;Financials Securitization Date | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;323 | &nbsp;&nbsp;Most Recent Financials Start Date | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;324 | &nbsp;&nbsp;Most Recent Financials End Date | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;325 | &nbsp;&nbsp;Most Recent Net Cash Flow Amount | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;326 | &nbsp;&nbsp;Net Operating Income Net Cash Flow Securitization Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;327 | &nbsp;&nbsp;Net Operating Income Net Cash Flow Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;328 | &nbsp;&nbsp;Most Recent Debt Service Amount | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;329 | &nbsp;&nbsp;Most Recent Debt Service Coverage Net Operating Income Percentage | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;330 | &nbsp;&nbsp;Most Recent Debt Service Coverage Net Cash Flow Percentage | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;331 | &nbsp;&nbsp;Debt Service Coverage Securitization Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;332 | &nbsp;&nbsp;Most Recent Debt Service Coverage Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;333 | &nbsp;&nbsp;Asset Added Indicator | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;334 | &nbsp;&nbsp;Report Period Modification Indicator | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;335 | &nbsp;&nbsp;Report Period Beginning Schedule Loan Balance Amount | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;336 | &nbsp;&nbsp;Report Period End Actual Balance Amount | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;337 | &nbsp;&nbsp;Total Scheduled Principal Interest Due Amount | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;338 | &nbsp;&nbsp;Scheduled Interest Amount | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;339 | &nbsp;&nbsp;Other Interest Adjustment Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;340 | &nbsp;&nbsp;Scheduled Principal Amount | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;341 | &nbsp;&nbsp;Unscheduled Principal Collected Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;342 | &nbsp;&nbsp;Other Principal Adjustment Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;343 | &nbsp;&nbsp;Hyper Amortizing Date | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;344 | &nbsp;&nbsp;Servicing Advance Method Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;345 | &nbsp;&nbsp;Non Recoverability Indicator | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;346 | &nbsp;&nbsp;Total Principal Interest Advanced Outstanding Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;347 | &nbsp;&nbsp;Total Taxes Insurance Advances Outstanding Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;348 | &nbsp;&nbsp;Other Expenses Advanced Outstanding Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;349 | &nbsp;&nbsp;Payment Status Loan Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |

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| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;350 | &nbsp;&nbsp;Arm Index Rate Percentage | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;351 | &nbsp;&nbsp;Next Interest Rate Percentage | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;352 | &nbsp;&nbsp;Next Interest Rate Change Adjustment Date | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;353 | &nbsp;&nbsp;Next Payment Adjustment Date | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;354 | &nbsp;&nbsp;Primary Servicer Name | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;355 | &nbsp;&nbsp;Most Recent Special Servicer Transfer Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;356 | &nbsp;&nbsp;Most Recent Master Servicer Return Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;357 | &nbsp;&nbsp;Asset Subject Demand Indicator | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;358 | &nbsp;&nbsp;Asset Subject Demand Status Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;359 | &nbsp;&nbsp;Repurchase Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;360 | &nbsp;&nbsp;Demand Resolution Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;361 | &nbsp;&nbsp;Repurchaser Name | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;362 | &nbsp;&nbsp;Repurchase Replacement Reason Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;363 | &nbsp;&nbsp;Realized Loss To Trust Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;364 | &nbsp;&nbsp;Liquidation Prepayment Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;365 | &nbsp;&nbsp;Liquidation Prepayment Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;366 | &nbsp;&nbsp;Prepayment Premium Yield Maintenance Received Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;367 | &nbsp;&nbsp;Workout Strategy Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;368 | &nbsp;&nbsp;Last Modification Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;369 | &nbsp;&nbsp;Modification Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;370 | &nbsp;&nbsp;Post Modification Interest Percentage | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;371 | &nbsp;&nbsp;Post Modification Payment Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;372 | &nbsp;&nbsp;Post Modification Maturity Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;373 | &nbsp;&nbsp;Post Modification Amortization Period Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |

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<sup>1</sup> With respect to the Mortgage Loans identified on the Data File as "National Warehouse & Distribution Portfolio," "Shoppes at River Crossing," "ExchangeRight Net Leased Portfolio #62," "Heritage Shops at Millennium Park," "Thomaston Shopping Center" and "DRC Warehouse," as indicated on the related Loan Agreement as having a First Payment Date in May 2023, we were instructed by representatives of the the related Mortgage Loan Seller to (i) assume a First Payment Date in April 2023 and (ii) add 1 period to the "L(#)" component of the Prepayment String.

<sup>2</sup> We were instructed by representatives of the Company to perform the comparison for such Characteristic only for the Top 15 Mortgage Loans (based on Cut-off Date Balance) identified on the Data File.

**<u>Calculation Procedures</u>**

With respect to Characteristic 6, we recomputed the % by Cut-off Date Balance by dividing the (i) Cut-off Date Balance by (ii) sum of each of the Mortgage Loans' Cut-off Date Balance.

With respect to Characteristic 8, (1) for those Mortgage Loans indicated on the Data File as secured by one property, the % of Loan Balance is set to 100% and (2) for those Mortgage Loans indicated on the Data File as secured by more than one property, we recomputed the % of Loan Balance by

dividing the (i) Cut-off Date Balance of each mortgaged property of the related Mortgage Loan by the (ii) Cut-off Date Balance of the related Mortgage Loan.

With respect to Characteristic 9, assuming, at your request, no prepayments of principal, we recomputed the Cut-off Date Balance using the First Payment Date, Original IO Period (mos.), Monthly Debt Service (P&I), Original Balance, Interest Accrual Method, Rate and the Due Date in March 2023 (the "Cut-off Date" as stipulated by representatives of the Company). With respect to partial interest-only Mortgage Loans determined to be non-amortizing as of the Cut-off Date and full term interest-only Mortgage Loans (if any), the Cut-off Date Balance was set to equal the Original Balance. At the request of representatives of the respective Mortgage Loan Seller, Cut-off Date Balance differences of one dollar or less were deemed to be "in agreement" for purposes of this report.

With respect to Characteristic 10, assuming, at your request, no prepayments of principal, we recomputed the Maturity Date Balance using the First Payment Date, Original IO Period (mos.), Monthly Debt Service (P&I), Original Balance, Interest Accrual Method, Maturity Date or ARD and Rate. With respect to full term interest-only Mortgage Loans (if any), the Maturity Date Balance was set to equal the Original Balance. At the request of representatives of the respective Mortgage Loan Seller, Maturity Date Balance differences of one dollar or less were deemed to be "in agreement" for purposes of this report.

With respect to Characteristic 11, we recomputed the Cut-off Date Balance per Unit or SF by dividing the (i) Cut-off Date Balance by (ii) Units/SF. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the Units/SF for each mortgaged property of the related Mortgage Loan. With respect to any Mortgage Loan that is part of a loan combination, the procedure is calculated inclusive of the principal balance of any pari passu companion loans, as applicable. With respect to any Mortgage Loan that is in a group of cross-collateralized Mortgage Loan(s), such Characteristic is calculated on the basis of all the Mortgage Loans in such cross-collateralized group (if applicable).

With respect to Characteristic 68, we recomputed the Original Term to Maturity or ARD (mos.) by determining the number of payment dates from and inclusive of the First Payment Date to and inclusive of the Maturity Date or ARD (mos.).

With respect to Characteristic 69, we recomputed the Remaining Term to Maturity or ARD (mos.) by subtracting the (i) Seasoning from (ii) Original Term to Maturity or ARD.

With respect to Characteristic 70, we recomputed the Original IO Period (mos.) by determining the number of payment dates from and inclusive of the First Payment Date to and exclusive of the First P&I Payment Date. This procedure was performed for (i) partial and full term interest-only Mortgage Loans and (ii) the Mortgage Loan identified on the Data File as "National Warehouse & Distribution Portfolio".

With respect to Characteristic 71, we recomputed the Remaining IO Period (mos.) by subtracting the (i) Seasoning from (ii) Original IO Period (mos.) (but to not less than zero). This procedure

was performed for (i) partial and full term interest-only Mortgage Loans and (ii) the Mortgage Loan identified on the Data File as "National Warehouse & Distribution Portfolio".

With respect to Characteristic 72, we recomputed the Original Amort. Term (mos.) using the Original Balance, Monthly Debt Service (P&I) and Rate and a 30/360 Interest Accrual Method. This procedure was not performed for full term interest-only Mortgage Loans (if applicable).

With respect to Characteristic 73, we recomputed the Remaining Amort. Term (mos.) by subtracting the Seasoning from the Original Amort. Term (mos.). With respect to partial interest-only, then amortizing Mortgage Loans, the procedure indicated herein reduces the Seasoning as of the Cut-off Date by the Original IO Period (mos.) (but to not less than zero). This procedure was not performed for full term interest-only Mortgage Loans (if applicable).

With respect to Characteristic 78, we recomputed the Monthly Debt Service (IO) by dividing (i) the product of (a) the Cut-off Date Balance, (b) the Rate and (c) for those Mortgage Loans whose Interest Accrual Method is "Actual/360," a fraction equal to 365/360 by (ii) twelve. This procedure was performed for partial and full term interest-only Mortgage Loans only (if applicable).

With respect to Characteristic 79, we recomputed the Annual Debt Service (P&I) by multiplying the (i) Monthly Debt Service (P&I) by (ii) twelve. This procedure was not performed for full term interest-only Mortgage Loans (if applicable).

With respect to Characteristic 80, we recomputed the Annual Debt Service (IO) by multiplying (i) the Monthly Debt Service (IO) by (ii) twelve. This procedure was performed for partial and full term interest-only Mortgage Loans only (if applicable).

With respect to Characteristic 81, we recomputed the Underwritten NOI DSCR (x) by dividing the (i) Underwritten NOI by the (ii) (a) Annual Debt Service (IO) for full term interest-only Mortgage Loans or (b) Annual Debt Service (P&I) for amortizing and partial interest-only Mortgage Loans. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the Underwritten NOI for each mortgaged property of the related Mortgage Loan. With respect to any Mortgage Loan that is part of a loan combination, the procedure is calculated inclusive of the indebtedness of any pari passu companion loans, as applicable. With respect to any Mortgage Loan that is in a group of cross-collateralized Mortgage Loan(s), such Characteristic is calculated on the basis of all the Mortgage Loans in such cross-collateralized group (if applicable).

With respect to Characteristic 82, we recomputed the Underwritten NCF DSCR (x) by dividing the (i) Underwritten NCF by the (ii) (a) Annual Debt Service (IO) for full term interest-only Mortgage Loans or (b) Annual Debt Service (P&I) for amortizing and partial interest-only Mortgage Loans. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the Underwritten NCF for each mortgaged property of the related Mortgage Loan. With respect to any Mortgage Loan that is part of a loan combination, the procedure is calculated inclusive of the indebtedness of any pari passu companion loans, as applicable. With respect to any Mortgage Loan that is in a group of cross-collateralized

Mortgage Loan(s), such Characteristic is calculated on the basis of all the Mortgage Loans in such cross-collateralized group (if applicable).

With respect to Characteristic 83, we recomputed the Cut-off Date LTV by dividing the (i) Cut-off Date Balance by (ii) Appraised Value. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the Appraised Values for each mortgaged property of the related Mortgage Loan. With respect to any Mortgage Loan that is part of a loan combination, the procedure is calculated inclusive of the principal balance of any pari passu companion loans, as applicable. With respect to any Mortgage Loan that is in a group of cross-collateralized Mortgage Loan(s), such Characteristic is calculated on the basis of all the Mortgage Loans in such cross-collateralized group (if applicable).

With respect to Characteristic 84, we recomputed the Maturity Date LTV by dividing the (i) Maturity Date Balance by (ii) Appraised Value. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the Appraised Values for each mortgaged property of the related Mortgage Loan. With respect to any Mortgage Loan that is part of a loan combination, the procedure is calculated inclusive of the principal balance of any pari passu companion loans, as applicable. With respect to any Mortgage Loan that is in a group of cross-collateralized Mortgage Loan(s), such Characteristic is calculated on the basis of all the Mortgage Loans in such cross-collateralized group (if applicable).

With respect to Characteristic 113, we recomputed the Underwritten NOI Debt Yield by dividing the (i) Underwritten NOI by (ii) Cut-off Date Balance. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the Underwritten NOI for each mortgaged property of the related Mortgage Loan. With respect to any Mortgage Loan that is part of a loan combination, the procedure is calculated inclusive of the principal balance of any pari passu companion loans, as applicable. With respect to any Mortgage Loan that is in a group of cross-collateralized Mortgage Loan(s), such Characteristic is calculated on the basis of all the Mortgage Loans in such cross-collateralized group (if applicable).

With respect to Characteristic 117, we recomputed the Underwritten NCF Debt Yield by dividing the (i) Underwritten NCF by (ii) Cut-off Date Balance. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the Underwritten NCF for each mortgaged property of the related Mortgage Loan. With respect to any Mortgage Loan that is part of a loan combination, the procedure is calculated inclusive of the principal balance of any pari passu companion loans, as applicable. With respect to any Mortgage Loan that is in a group of cross-collateralized Mortgage Loan(s), such Characteristic is calculated on the basis of all the Mortgage Loans in such cross-collateralized group (if applicable).

With respect to Characteristic 124, we recomputed the % NSF of the Largest Tenant (%) by dividing the (i) NSF of Largest Tenant (SF) by (ii) Units/SF. This procedure was only performed for those Mortgage Loans with an NSF of Largest Tenant (SF) greater than zero.

With respect to Characteristic 128, we recomputed the % NSF of 2nd Largest Tenant (%) by dividing the (i) NSF of 2nd Largest Tenant (SF) by (ii) Units/SF. This procedure was only performed for those Mortgage Loans with an NSF of 2nd Largest Tenant (SF) greater than zero.

With respect to Characteristic 132, we recomputed the % NSF of 3rd Largest Tenant (%) by dividing the (i) NSF of 3rd Largest Tenant (SF) by (ii) Units/SF. This procedure was only performed for those Mortgage Loans with an NSF of 3rd Largest Tenant (SF) greater than zero.

With respect to Characteristic 136, we recomputed the % NSF of 4th Largest Tenant (%) by dividing the (i) NSF of 4th Largest Tenant (SF) by (ii) Units/SF. This procedure was only performed for those Mortgage Loans with an NSF of 4th Largest Tenant (SF) greater than zero.

With respect to Characteristic 140, we recomputed the % NSF of 5th Largest Tenant (%) by dividing the (i) NSF of 5th Largest Tenant (SF) by (ii) Units/SF. This procedure was only performed for those Mortgage Loans with an NSF of 5th Largest Tenant (SF) greater than zero.

With respect to Characteristic 164, we recomputed the Annual Cap Ex Reserve Requirement per SF/Unit ($) by dividing the (i) product of (a) the Ongoing Cap Ex Escrow - Monthly ($) and (b) twelve by (ii) Units/SF.

With respect to Characteristic 172, we recomputed the Annual TI/LC Escrow per SF/Unit ($) by dividing the (i) product of (a) the Ongoing TI/LC Escrow - Monthly ($) and (b) twelve by (ii) Units/SF.

With respect to Characteristic 216, we recomputed the Seasoning by determining the number of payment dates from and inclusive of the First Payment Date to and inclusive of the Cut-off Date.

With respect to Characteristic 227, the Total Trust Exposure was set to equal the Cut-off Date Balance. This procedure was performed only for those Mortgage Loans which are part of a loan combination.

With respect to Characteristic 228, assuming, at your request, no prepayments of principal, we recomputed the Cut-off Date Pari Passu Mortgage Debt Balance as the product of (i) the difference of (a) the original pari passu mortgage debt balance (as set forth on or derived from the Loan Agreement) and (b) the Original Balance and (ii) the quotient of (a) the Cut-off Date Balance over (b) the Original Balance of the related Mortgage Loan. With respect to interest-only pari passu Mortgage Loans determined to be non-amortizing as of the Cut-off Date and full term interest-only pari passu Mortgage Loans (if any) (each as determined from the Loan Agreement), the Cut-off Date Pari Passu Mortgage Debt Balance was set to equal the difference of (i) the original pari passu mortgage debt balance (as set forth on or derived from the Loan Agreement) and (ii) the Original Balance. At the request of representatives of the respective Mortgage Loan Seller, Cut-off Date Pari Passu Mortgage Debt Balance differences of one dollar or less were deemed to be "in agreement" for purposes of this report. This procedure was performed only for those Mortgage Loans which are part of a loan combination.

With respect to Characteristic 229, we recomputed the Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) by subtracting the (i) Monthly Debt Service (IO) for full term interest-only Mortgage Loans or (ii) Monthly Debt Service (P&I) for amortizing and partial interest-only Mortgage Loans from the Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt

Service ($). This procedure was performed only for those Mortgage Loans which are part of a loan combination.

With respect to Characteristic 230, we (i) recomputed the Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) as one twelfth of the product of the (a) original pari passu mortgage debt balance, (b) the Rate and (c) for those Mortgage Loans whose Interest Accrual Method is "Actual/360," a fraction equal to 365/360 for those Mortgage Loans with an Amort. Type of "Interest Only" or "Interest Only - ARD," as applicable and (ii) compared the Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) to the corresponding information set forth on the Loan Agreement for those Mortgage Loans with an Amort. Type of "Amortizing Balloon," "Fully Amortizing," "Interest Only, Amortizing Balloon," "Amortizing, ARD" or "Interest-only, Amortizing ARD," as applicable. This procedure was performed only for those Mortgage Loans which are part of a loan combination.

With respect to Characteristic 231, assuming, at your request, no prepayments of principal, we recomputed the Cut-off Date Subordinate Mortgage Debt Balance using the subordinate mortgage debt first payment date, subordinate mortgage debt monthly debt service, original subordinate mortgage debt balance, subordinate mortgage debt interest accrual method (each as set forth on or derived from the Subordinate Loan Document), Subordinate Companion Loan Interest Rate and the Cut-off Date. With respect to interest-only subordinate mortgage debt Mortgage Loans determined to be non-amortizing as of the Cut-off Date (as determined from the Subordinate Loan Document) and full term interest-only subordinate mortgage debt Mortgage Loans (if any) (as determined from the Subordinate Loan Document), the Cut-off Date Subordinate Mortgage Debt Balance was set to equal the original subordinate mortgage debt balance (as set forth on the Subordinate Loan Document). This procedure was performed only for those Mortgage Loans with subordinate mortgage debt, if any.

With respect to Characteristic 233, we recomputed the Cut Off Date Whole Note Loan Balance as the sum of the (i) Cut-Off Date Balance and (ii) Cut-off Date Subordinate Mortgage Debt Balance. With respect to any Mortgage Loan which is part of a pari passu loan combination, (as set forth on the Loan Agreement), we were instructed by representatives of the related Mortgage Loan Seller to replace clause (i) of this procedure with the sum of the (a) Cut-Off Date Balance and (b) Cut-off Date Pari Passu Mortgage Debt Balance. This procedure was performed only for those Mortgage Loans which are part of a loan combination or have subordinate mortgage debt.

With respect to Characteristic 234, we recomputed the Whole Loan Monthly Debt Service ($) as the sum of the (i) (a) Monthly Debt Service (IO) for full term interest-only Mortgage Loans or (b) Monthly Debt Service (P&I) for amortizing and partial interest-only Mortgage Loans and (ii) subordinate mortgage debt monthly debt service (as set forth on or derived from the Subordinate Loan Document). With respect to any Mortgage Loan which is part of a pari passu loan combination, (as set forth on the Loan Agreement), we were instructed by representatives of the related Mortgage Loan Seller to replace clause (i) of this procedure with the Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($). This procedure was performed only for those Mortgage Loans which are part of a loan combination or have subordinate mortgage debt.

With respect to Characteristic 235, we recomputed the Whole Loan Cut-off Date LTV Ratio (%) by dividing the (i) Cut Off Date Whole Note Loan Balance by (ii) Appraised Value. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the Appraised Values for each mortgaged property of the related Mortgage Loan. This procedure was performed only for those Mortgage Loans which are part of a loan combination or have subordinate mortgage debt.

With respect to Characteristic 236, we recomputed the Whole Loan Underwritten NCF DSCR (x) by dividing (i) the Underwritten NCF by (ii) the product of the (a) Whole Loan Monthly Debt Service ($) and (b) twelve. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the Underwritten NCF for each mortgaged property of the related Mortgage Loan. This procedure was performed only for those Mortgage Loans which are part of a loan combination or have subordinate mortgage debt.

With respect to Characteristic 237, we recomputed the Whole Loan Underwritten NOI Debt Yield (%) by dividing (i) the Underwritten NOI by (ii) the Cut Off Date Whole Note Loan Balance. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the Underwritten NOI for each mortgaged property of the related Mortgage Loan. This procedure was performed only for those Mortgage Loans which are part of a loan combination or have subordinate mortgage debt.

With respect to Characteristic 238, assuming, at your request, no prepayments of principal, we recomputed the Cut-off Date Mezzanine Debt Balance using the mezzanine or subordinate unsecured debt first payment date, mezzanine or subordinate unsecured debt monthly debt service, mezzanine or subordinate unsecured debt original balance, mezzanine or subordinate unsecured debt interest accrual method and Mezzanine Debt Interest Rate (%) or subordinate unsecured debt interest rate (each as set forth on or derived from the Mezzanine Loan Document or Subordinate Unsecured Loan Document) and the Cut-off Date. With respect to partial interest-only mezzanine or subordinate unsecured debt determined to be non-amortizing as of the Cut-off Date and full term interest-only mezzanine or subordinate unsecured debt (if any) (as derived from the Mezzanine Loan Document or Subordinate Unsecured Loan Document), the Cut-off Date Mezzanine Debt Balance was set to equal the related Additional Financing Original Balance. This procedure was performed only for those Mortgage Loans with mezzanine debt or subordinate unsecured debt, if any.

With respect to Characteristic 240, we recomputed the Total Debt Cut-off Date Balance ($) as the sum of the (i) Cut-Off Date Balance, (ii) Cut-off Date Subordinate Mortgage Debt Balance (if applicable) and (iii) Cut-off Date Mezzanine Debt Balance (if applicable). With respect to any Mortgage Loan which is part of a pari passu loan combination, (as set forth on the Loan Agreement), we were instructed by representatives of the related Mortgage Loan Seller to replace clause (i) of this procedure with the sum of the (a) Cut-Off Date Balance and (b) Cut-off Date Pari Passu Mortgage Debt Balance. This procedure was performed only for those Mortgage Loans containing mezzanine debt or subordinate unsecured debt, if any.

With respect to Characteristic 241, we recomputed the Total Debt Monthly Debt Service ($) as the sum of the (i) (a) Monthly Debt Service (IO) for full term interest-only Mortgage Loans or (b)

Monthly Debt Service (P&I) for amortizing and partial interest-only Mortgage Loans, (ii) subordinate mortgage debt monthly debt service (as set forth on or derived from the Subordinate Loan Document, if applicable) and (iii) mezzanine or subordinate unsecured debt monthly debt service (as set forth on or derived from the Mezzanine Loan Document or Subordinate Unsecured Loan Document, if applicable). With respect to any Mortgage Loan which is part of a pari passu loan combination, (as set forth on the Loan Agreement), we were instructed by representatives of the related Mortgage Loan Seller to replace clause (i) of this procedure with the Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($). This procedure was performed only for those Mortgage Loans containing mezzanine debt or subordinate unsecured debt, if any.

With respect to Characteristic 242, we recomputed the Total Debt Cut-off Date LTV Ratio by dividing the (i) Total Debt Cut-off Date Balance ($) by (ii) Appraised Value. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the Appraised Values for each mortgaged property of the related Mortgage Loan. This procedure was performed only for those Mortgage Loans containing mezzanine debt or subordinate unsecured debt, if any.

With respect to Characteristic 243, we recomputed the Total Debt UW NCF DSCR by dividing the (i) Underwritten NCF by (ii) product of the (a) Total Debt Monthly Debt Service ($) and (b) twelve. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the Underwritten NCF for each mortgaged property of the related Mortgage Loan. This procedure was performed only for those Mortgage Loans containing mezzanine debt or subordinate unsecured debt, if any.

With respect to Characteristic 244, we recomputed the Total Debt UW NOI Debt Yield by dividing the (i) Underwritten NOI by (ii) Total Debt Cut-off Date Balance ($). With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the Underwritten NOI for each mortgaged property of the related Mortgage Loan. This procedure was performed only for those Mortgage Loans containing mezzanine debt or subordinate unsecured debt, if any.

With respect to Characteristic 276, we recomputed the Periodic Principal and Interest Payment Securitization Amount by adding the (i) Scheduled Interest Amount and (ii) Scheduled Principal Amount. This procedure was not performed for those Mortgage Loans with a Seasoning equal to zero.

With respect to Characteristic 328, we recomputed the Most Recent Debt Service Amount:

for amortizing and partial interest-only Mortgage Loans, as the product of (i) the Monthly Debt Service (P&I) and (ii) twelve; and for full term interest-only Mortgage Loans, as the product of (i) the Monthly Debt Service (IO) and (ii) twelve. This procedure was only performed for those Mortgage Loans with Most Recent Revenues. With respect to any Mortgage Loan that is part of a loan combination, the procedure is calculated inclusive of the indebtedness of any pari passu companion loans, as applicable. With respect to any Mortgage Loan that is in a group of cross-collateralized Mortgage Loan(s), such Characteristic is calculated on the basis of all the Mortgage Loans in such cross-collateralized group (if applicable).

With respect to Characteristic 329, we recomputed the Most Recent Debt Service Coverage Net Operating Income Percentage by dividing the (i) Most Recent NOI by (ii) Most Recent Debt Service Amount. This procedure was only performed for those Mortgage Loans with Most Recent NOI. With respect to any Mortgage Loan that is part of a loan combination, the procedure is calculated inclusive of the indebtedness of any pari passu companion loans, as applicable. With respect to any Mortgage Loan that is in a group of cross-collateralized Mortgage Loan(s), such Characteristic is calculated on the basis of all the Mortgage Loans in such cross-collateralized group (if applicable).

With respect to Characteristic 330, we recomputed the Most Recent Debt Service Coverage Net Cash Flow Percentage by dividing the (i) Most Recent Net Cash Flow Amount by (ii) Most Recent Debt Service Amount. This procedure was only performed for those Mortgage Loans with a Most Recent Net Cash Flow Amount. With respect to any Mortgage Loan that is part of a loan combination, the procedure is calculated inclusive of the indebtedness of any pari passu companion loans, as applicable. With respect to any Mortgage Loan that is in a group of cross-collateralized Mortgage Loan(s), such Characteristic is calculated on the basis of all the Mortgage Loans in such cross-collateralized group (if applicable).

With respect to Characteristic 335, assuming, at your request, no prepayment of principal, we recomputed the Report Period Beginning Schedule Loan Balance Amount using the First P&I Payment Date, Monthly Debt Service (P&I), Original Balance, Interest Accrual Method, Rate and the Due Date in February 2023. With respect to partial interest-only Mortgage Loans determined to be non-amortizing as of February 2023 and full term interest-only Mortgage Loans (if any), the Report Period Beginning Schedule Loan Balance Amount was set to equal the Original Balance. At the request of representatives of the respective Mortgage Loan Seller, Report Period Beginning Schedule Loan Balance Amount differences of one dollar or less were deemed to be "in agreement" for purposes of this report.

With respect to Characteristic 336, assuming, at your request, no prepayments of principal, we recomputed the Report Period End Actual Balance Amount using the First P&I Payment Date, Monthly Debt Service (P&I), Original Balance, Interest Accrual Method, Rate and the Cut-off Date. With respect to partial interest-only Mortgage Loans determined to be non-amortizing as of the Cut-off Date and full term interest-only Mortgage Loans (if any), the Report Period End Actual Balance Amount was set to equal the Original Balance. At the request of representatives of the respective Mortgage Loan Seller, Report Period End Actual Balance Amount differences of one dollar or less were deemed to be "in agreement" for purposes of this report.

With respect to Characteristic 337, we recomputed the Total Scheduled Principal Interest Due Amount by adding the (i) Scheduled Interest Amount and (ii) Scheduled Principal Amount.

With respect to Characteristic 338, we recomputed the Scheduled Interest Amount as the product of (i) the Report Period Beginning Schedule Loan Balance Amount, (ii) the Rate, (iii) the number of calendar days from and inclusive of the Due Date in February 2023 to and exclusive of the Due Date in March 2023 and (iv) a fraction equal to 1/360. This procedure was not performed for those Mortgage Loans with a Seasoning equal to zero.

With respect to Characteristic 340, we recomputed the Scheduled Principal Amount by subtracting the (i) Scheduled Interest Amount from (ii) Monthly Debt Service (P&I). This procedure was only performed for those Mortgage Loans determined to be amortizing as of the Due Date in March 2023.

## Ex-2

**Exhibit 2**

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|:---|:---|:---|
| ![](eylogo2.jpg) | **Ernst & Young LLP**<br> One Manhattan West<br> New York, NY 10001 | Tel: +1 212 773 3000<br> ey.com |

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**Report of Independent Accountants on Applying Agreed-Upon Procedures**

Wells Fargo Commercial Mortgage Securities, Inc. (the "Depositor")

Wells Fargo Bank, N.A.

Wells Fargo Securities, LLC

Morgan Stanley & Co. LLC

Morgan Stanley Mortgage Capital Holdings LLC

Morgan Stanley Bank, N.A.

Bank of America, N.A.

BofA Securities, Inc.

Citi Real Estate Funding Inc.

Citigroup Global Markets Inc.

(collectively, the "Specified Parties")

Re: BANK5 2023-5YR1 (the "Issuing Entity")

**Commercial Mortgage Pass-Through Certificates, Series 2023-5YR1 (the "Certificates")**

We have performed the procedures enumerated in Attachment A, which were agreed to and acknowledged as appropriate by the Specified Parties, for the intended purpose of assisting the Specified Parties in evaluating the accuracy of certain information with respect to the Mortgage Loans (as defined herein) contained on the Underwriting Files, Underwritten Rent Rolls and ASRs (all as defined herein) (as applicable) (collectively, the "Subject Matter") relating to the Issuing Entity's securitization transaction as of 14 March 2023. This report may not be suitable for any other purpose. The procedures performed may not address all of the items of interest to a user of the report and may not meet the needs of all users of the report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. The appropriateness of these procedures is solely the responsibility of the Specified Parties identified in this report. No other party acknowledged the appropriateness of the procedures. Consequently, we make no representation regarding the appropriateness of the procedures described in Attachment A, either for the purpose for which this report has been requested or for any other purpose.

The procedures performed and our associated findings are included in Attachment A.

For the purpose of the procedures described in this report, Wells Fargo Bank, N.A. ("Wells Fargo"), Morgan Stanley Bank, N.A. ("Morgan Stanley"), Bank of America, N.A. ("BANA") and Citi Real Estate Funding Inc. ("Citi," together with Wells Fargo, Morgan Stanley and BANA, the "Mortgage Loan Sellers"), on behalf of the Depositor, provided us with the following information, as applicable, for each Mortgage Loan:

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| ![](eylogo2.jpg) | Page 2 of 4 |

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a. Certain electronic data files (the "Borrower Operating Statement Data Files") prepared
by the Mortgage Loan borrower(s) containing revenue and expense information relating to the historical three year period, if applicable
(the "Historical 3 Year Period"), and most recent trailing twelve month period, if applicable (the "TTM Period,"
together with the Historical 3 Year Period, the "Historical Periods"), for the Collateral Property (as defined herein)
or Collateral Properties (as defined herein) that secure the Mortgage Loan,

b. The most recent appraisal reports (the "Appraisals") prepared for the applicable Mortgage
Loan Seller, which contain the appraiser's estimated year one (the "Year One Period," together with the Historical Periods,
the "Specified Periods") revenue and expense information for the Collateral Property or Collateral Properties that secure
the Mortgage Loan,

c. The borrower budgets (the "Borrower Budgets") prepared by the Mortgage Loan borrower(s) for
the Collateral Property or Collateral Properties that secure the Mortgage Loan,

d. Copies of the:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Ground rent abstracts or leases, if applicable (the "Ground Rent Documents"),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Most recent real estate tax bills (the "Tax Bills") and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Most recent insurance review files (the "Insurance Review Files") or insurance bills
(the "Insurance Bills")

for the Collateral Property or Collateral Properties that secure the Mortgage Loan,

e. Asset summary report(s) (the "ASRs") for each Mortgage Loan,

f. The most recent electronic borrower rent roll files (the "Borrower Rent Roll Files") for
the Collateral Property or Collateral Properties that secure the Mortgage Loan,

g. The lease abstracts (the "Lease Abstracts"), lease agreements (the "Leases")
and/or lease estoppels (the "Estoppels," together with the Lease Abstracts and Leases, the "Lease Documents")
relating to the commercial tenants at the Collateral Property or Collateral Properties that secure the Mortgage Loan,

h. Underwritten rent rolls (the "Underwritten Rent Rolls") for the Collateral Property or Collateral
Properties that secure the Mortgage Loan,

i. Electronic underwriting files (the "Underwriting Files") prepared by the applicable
Mortgage Loan Seller containing:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The revenue and expense information for the Specified Periods and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The underwritten revenue and expense information for the underwritten period (the "Underwritten
Period")

for the Collateral Property or Collateral Properties that secure the Mortgage Loan,

j. Instructions, assumptions and methodologies (the "Underwriting Instructions and Adjustments")
used to prepare the information on the ASRs, Underwritten Rent Rolls, Underwriting Files and/or Tenant Billing Schedules (as defined herein),
which were included as footnotes to the Underwriting Files and/or were separately provided in e-mail or other written correspondence
from the applicable Mortgage Loan Seller and

k. Instructions, assumptions and methodologies, which are described in Attachment A.

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| ![](eylogo2.jpg) | Page 3 of 4 |

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For the purpose of the procedures described in this report, the Depositor provided us with a schedule (the "Mortgage Loan Schedule") containing a list of the Mortgage Loans and the original principal balance of each Mortgage Loan, which is shown on Exhibit 1 to Attachment A.

For the purpose of the procedures described in this report with respect to each of the first fifteen (15) Mortgage Loans shown on the Mortgage Loan Schedule (collectively, the "Top 15 Mortgage Loans"), the Mortgage Loan Sellers, as applicable, on behalf of the Depositor, provided us with the tenant billing schedule and any supplemental information prepared by the Mortgage Loan borrower(s) (each, a "Tenant Billing Schedule") relating to the tenants at the Collateral Property or Collateral Properties that secure such Top 15 Mortgage Loan.

For certain Collateral Properties, we were instructed by the applicable Mortgage Loan Sellers, on behalf of the Depositor, to obtain information relating to the current property taxes for each such Collateral Property from the applicable tax assessor website (each, a "Tax Assessor Website," and collectively, the "Tax Assessor Websites").

For the purpose of the procedures described in this report, the Borrower Operating Statement Data Files, Appraisals, Borrower Budgets, Ground Rent Documents, Tax Bills, Insurance Review Files, Insurance Bills, Borrower Rent Roll Files, Lease Documents, Tenant Billing Schedules and Tax Assessor Websites are hereinafter collectively referred to as the "Source Documents."

The procedures included in Attachment A were limited to comparing or recalculating certain information that is further described in Attachment A. The Depositor is responsible for the Subject Matter, Source Documents, ASRs, Underwritten Rent Rolls, Underwriting Files, Underwriting Instructions and Adjustments, Mortgage Loan Schedule and the determination of the instructions, assumptions and methodologies that are described herein. We were not requested to perform, and we have not performed, any procedures other than those listed in Attachment A with respect to the ASRs (as applicable), Underwritten Rent Rolls or Underwriting Files. We have not verified, and we make no representation as to, the appropriateness, accuracy, completeness or reasonableness of the Source Documents, ASRs (as applicable), Underwriting Instructions and Adjustments, Mortgage Loan Schedule or any other information provided to us, or that we were instructed to obtain, by the Depositor or the Mortgage Loan Sellers, on behalf of the Depositor, upon which we relied in forming our findings. We performed no procedures to compare any information contained in any Source Document or ASR (as applicable) to any information contained in any other Source Document or ASR (as applicable). Accordingly, we make no representation and express no opinion or conclusion as to: (a) the existence of the Mortgage Loans, (b) the ability of any Mortgage Loan borrower(s) to repay the Mortgage Loans, (c) questions of legal or tax interpretation or (d) the appropriateness, accuracy, completeness or reasonableness of any instructions, assumptions and methodologies provided to us by the Depositor or the Mortgage Loan Sellers, on behalf of the Depositor, that are described in this report. We undertake no responsibility to update this report for events and circumstances occurring after the date hereof.

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| ![](eylogo2.jpg) | Page 4 of 4 |

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This agreed-upon procedures engagement was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants (the "AICPA"). An agreed-upon procedures engagement involves the practitioner performing specific procedures that the Specified Parties have agreed to and acknowledged to be appropriate for the purpose of the engagement and reporting on findings based on the procedures performed. We were not engaged to, and did not, conduct an examination to express an opinion or a review to express a conclusion in accordance with attestation standards established by the AICPA on any of the items referred to herein. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.

The agreed-upon procedures described in this report were not performed for the purpose of:

a. Satisfying any criteria for due diligence published by a nationally recognized statistical rating organization
(a "rating agency") or

b. Making any findings with respect to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The value of the collateral securing the Mortgage Loans,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Whether the originator(s) of the Mortgage Loans complied with federal, state or local laws or regulations
or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Any other factor or characteristic of the Mortgage Loans that would be material to the likelihood that
the issuer of the Certificates will pay interest and principal in accordance with applicable terms and conditions.

We are required to be independent of the Depositor and to meet our other ethical responsibilities, as applicable for agreed-upon procedures engagements set forth in the Preface: Applicable to All Members and Part 1 – Members in Public Practice of the Code of Professional Conduct established by the AICPA. Independence requirements for agreed-upon procedure engagements are less restrictive than independence requirements for audit and other attestation services.

This report is intended solely for the information and use of the Specified Parties and is not intended to be, and should not be, used by anyone other than the Specified Parties. It is not intended to be, and should not be, used by any other person or entity, including investors and rating agencies, who are not identified in the report as Specified Parties, but who may have access to this report as required by law or regulation.

/s/ Ernst & Young LLP

14 March 2023

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| ![](eylogo2.jpg) | **Attachment A**<br> Page 1 of 5 |

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**<u>Background</u>**

For the purpose of the procedures described in this report, the Depositor indicated that the assets of the Issuing Entity will primarily consist of a pool of fixed rate commercial mortgage loans (the "Mortgage Loans") secured by first liens on various types of commercial properties (each, a "Collateral Property," and collectively, the "Collateral Properties").

**<u>Procedures performed and our associated findings</u>**

*Operating Statement Comparison and Recalculation Procedures*

1. Using:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Information on the Borrower Operating Statement Data Files,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Information in the Appraisal(s),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Information in the Leases and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. The Underwriting Instructions and Adjustments

for each Mortgage Loan (as applicable), we compared, or recalculated and compared:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The effective gross revenue or total revenues,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Total expenses and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. Net operating income or net cash flow

for each Specified Period that is shown in the Source Documents listed above (as applicable) to the corresponding information on the Underwriting File. We provided the Mortgage Loan Sellers (as applicable) a list of any differences that were found (subject to the instruction(s) provided by the Depositor described below).

For the purpose of this procedure, the Depositor instructed us to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Omit non-cash and non-recurring revenues and expenses that are shown on the Borrower Operating Statement Data Files from the comparison
of the information that is shown on the Underwriting File,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Use a materiality threshold of +/- 3%, calculated as a percentage of the value as shown in the Source Documents listed above (as
applicable), which is also below $10,000, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Not perform the procedure described above for any of the Specified Periods that were not shown on the Underwriting Files for the Collateral
Properties that secure the Mortgage Loan.

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|:---|:---|
| ![](eylogo2.jpg) | **Attachment A**<br> Page 2 of 5 |

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*Cashflow Reimbursement Comparison Procedures*

2. Using:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Information on the Tenant Billing Schedules,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Information on the Borrower Operating Statement Data Files,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Information on the Borrower Rent Roll Files,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Information in the Leases,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Information in the Borrower Budgets,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Information in the Lease Abstracts and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. The Underwriting Instructions and Adjustments

for each Top 15 Mortgage Loan (as applicable), we compared the cash flow reimbursements for the five largest tenants (by underwritten base rent revenue) at the Collateral Property or Collateral Properties that secure such Top 15 Mortgage Loan, as shown in the Source Documents listed above (as applicable), to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. We provided the Mortgage Loan Sellers (as applicable) a list of any differences that were found (subject to the instruction(s) provided by the Depositor described below).

For the purpose of this procedure, the Depositor instructed us to use a materiality threshold of +/- 10%, calculated as a percentage of the value as shown in the Source Documents listed above (as applicable), which is also below $10,000.

*Supporting Expense Comparison and Recalculation Procedures*

3. Using:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Information in the Ground Rent Documents,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Information in the Appraisal(s),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Information in the Borrower Budgets and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. The Underwriting Instructions and Adjustments

for each Mortgage Loan (as applicable), we compared, or recalculated and compared, the ground rent expense of each Mortgage Loan for the Underwritten Period, as shown in the Source Documents listed above (as applicable), to the corresponding information on the Underwriting File. We provided the Mortgage Loan Sellers (as applicable) a list of any differences that were found (subject to the instruction(s) provided by the Depositor described below).

For the purpose of this procedure, the Depositor instructed us to use a materiality threshold of +/- 5%, calculated as a percentage of the value as shown in the Source Documents listed above (as applicable).

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|:---|:---|
| ![](eylogo2.jpg) | **Attachment A**<br> Page 3 of 5 |

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*Supporting Expense Comparison and Recalculation Procedures (continued)*

4. Using:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Information on the Borrower Operating Statement Data Files,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Information in the Tax Bills,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Information on the Tax Assessor Websites,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Information on the Insurance Review Files,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. Information in the Insurance Bills,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. Information in the Borrower Budgets,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;g. Information in the Appraisal(s) and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;h. The Underwriting Instructions and Adjustments

for each Mortgage Loan (as applicable), we compared the tax expense and insurance expense amounts for the Underwritten Period, as shown in the Source Documents listed above (as applicable), to the corresponding information on the Underwriting File. We provided the Mortgage Loan Sellers (as applicable) a list of any differences that were found (subject to the instruction(s) provided by the Depositor described below).

For the purpose of this procedure, the Depositor instructed us to only identify differences where the tax expense and insurance expense amounts in the Source Documents listed above (as applicable) exceeded a -5% and -$10,000 variance from the corresponding amounts on the Underwriting File and that were not explained in the Underwriting Instructions and Adjustments.

*Lease Expiration and Termination Comparison Procedures*

5. Using:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Information in the Leases,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Information in the Lease Abstracts,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Information on the Borrower Rent Roll Files,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Information in the Estoppels and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. The Underwriting Instructions and Adjustments

for the Collateral Property or Collateral Properties that secure each Top 15 Mortgage Loan (as applicable), we compared:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The lease expiration date only for the commercial tenants (ordered, from largest to smallest, by the underwritten base rent revenue
of each tenant) that comprise 80% of the aggregate underwritten base rent revenue (a maximum of ten tenants), as shown on the Underwritten
Rent Roll, at the Collateral Property or Collateral Properties that secure such Top 15 Mortgage Loan and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The lease early termination options for the ten largest commercial tenants (by underwritten base rent revenue) at the Collateral Property
or Collateral Properties that secure such Top 15 Mortgage Loan,

all as shown in the Source Documents listed above (as applicable), to the corresponding information on the Underwritten Rent Roll (or ASR if the lease early termination options are not shown on the Underwritten Rent Roll). We provided the Mortgage Loan Sellers (as applicable) a list of any differences that were found (subject to the instruction(s) provided by the Depositor described below).

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| ![](eylogo2.jpg) | **Attachment A**<br> Page 4 of 5 |

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*Lease Expiration and Termination Comparison Procedures (continued)*

 

5. (continued)

Using:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Information in the Leases,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Information in the Lease Abstracts and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Information in the Estoppels

for the Collateral Property or Collateral Properties that secure each Mortgage Loan that is not a Top 15 Mortgage Loan (as applicable), we compared the lease expiration date and lease early termination options for the five largest commercial tenants (by underwritten base rent revenue) at the Collateral Property or Collateral Properties that secure such Mortgage Loan, as shown in the Source Documents listed above (as applicable), to the corresponding information on the Underwritten Rent Roll (or ASR if the lease early termination options are not shown on the Underwritten Rent Roll). We provided the Mortgage Loan Sellers (as applicable) a list of any differences that were found (subject to the instruction(s) provided by the Depositor described below).

For the purpose of the lease expiration date comparison procedures, the Depositor instructed us to use a materiality threshold of +/- 90 days.

*Underwritten Cashflow Comparison and Recalculation Procedures*

6. Using:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. The TTM Period revenue and expense information that is contained on the Underwriting File,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. The underwritten revenue and expense information that is contained on the Underwriting File and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. The Underwriting Instructions and Adjustments

for each Mortgage Loan (as applicable), we compared the underwritten revenue and expense line items, as shown on the Underwriting File, to the corresponding TTM Period revenue and expense line items, as shown on the Underwriting File. We provided the Mortgage Loan Sellers (as applicable) a list of any differences that were found (subject to the instruction(s) provided by the Depositor described below).

For the purpose of this procedure, the Depositor instructed us to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Use a materiality threshold of +/- 10%, calculated as a percentage of the TTM Period revenue and expense line item value,
as shown on the Underwriting File, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Only identify differences over the 10% materiality threshold (calculated as described in a. above) that were not explained in the
Underwriting Instructions and Adjustments.

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|:---|:---|
| ![](eylogo2.jpg) | **Attachment A**<br> Page 5 of 5 |

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*Underwritten Cashflow Comparison and Recalculation Procedures (continued)*

6. (continued)

Using:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Information on the Underwriting Files,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Information in the Source Documents,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Information in the ASRs,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Information on the Underwritten Rent Rolls and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. The Underwriting Instructions and Adjustments

for each Mortgage Loan (as applicable), and the additional instruction provided by the Depositor described in item b. of the succeeding paragraph of this Item, we recalculated and compared the underwritten revenue and expense line items on the Underwriting File. We provided the Mortgage Loan Sellers (as applicable) a list of any differences that were found (subject to the instruction(s) provided by the Depositor described below).

For the purpose of this procedure, the Depositor instructed us to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Use a materiality threshold for each underwritten revenue and expense line item of +/- 5%, calculated as a percentage
of the value as shown on the Underwriting File, which is also below $15,000, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Assume that an underwritten revenue or expense line item is based on the TTM Period if the Underwriting Instructions and Adjustments
do not include information for such revenue or expense line item.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Subsequent to the performance of the procedures described in the preceding Items, the Mortgage Loan Sellers, on behalf of the Depositor,
provided us with certain updated ASRs (as applicable), Underwritten Rent Rolls and Underwriting Files for each Mortgage Loan (as applicable),
which in certain cases included updated Underwriting Instructions and Adjustments. As instructed by the Depositor, we compared the results
of the recalculations or comparisons for each Mortgage Loan that are described in the preceding Items to the corresponding information
on the updated ASRs (as applicable), Underwritten Rent Rolls or Underwriting Files (as applicable). All such compared information was
in agreement. Attached as Exhibit 2 to Attachment A is a schedule for each Mortgage Loan (collectively, the "AUP Findings Schedules"),
which contains the primary Source Documents for each Mortgage Loan that were used to perform the procedures described in the preceding
Items and the results of the comparison procedures described in the preceding two sentences of this Item.

**Exhibit 1 to Attachment A**

**<u>Mortgage Loan Schedule</u>**

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; **<u>Mortgage Loan</u>**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **<u>Original Principal Balance</u>** |
| &nbsp;&nbsp;&nbsp;&nbsp;National Warehouse & Distribution Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$100000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oak Street NLP Fund Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$97500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brandywine Strategic Office Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$81249999 |
| &nbsp;&nbsp;&nbsp;&nbsp;Green Acres | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$70000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orlando Office Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$70000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seminole Trail Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$65000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shoppes at River Crossing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$65000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Queen Kapiolani Hotel | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$60300000 |
| &nbsp;&nbsp;&nbsp;&nbsp;ExchangeRight Net Leased Portfolio #62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$48500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;ExchangeRight Net Leased Portfolio #61 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$46872000 |
| &nbsp;&nbsp;&nbsp;&nbsp;McKesson Phase 2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$46700000 |
| &nbsp;&nbsp;&nbsp;&nbsp;ExchangeRight Net Leased Portfolio #60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$39250000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Smithsonian Libraries Research Annex | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$36000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;575 Broadway | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$35000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;1201 Third Avenue | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$30000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Essex Crossing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$25000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shabsels Leased Fee Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$23500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hampton Inn Orlando Florida Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$23300000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marnell Corporate Center V | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$21000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Heritage Shops at Millennium Park | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$18800000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hilton Garden Inn Blacksburg University | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quality Inn Long Beach-Signal Hill - CA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thomaston Shopping Center | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;DRC Warehouse | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3153000 |

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| | |
|:---|:---|
| **<u>Note</u>:** | For any pari passu Mortgage Loans, the original principal balance in the table above represents the portion of the whole loan that will be included in the Issuing Entity's securitization transaction. |

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**Exhibit 2 to Attachment A**

**<u>AUP Findings Schedules</u>**

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| | | | |
|:---|:---|:---|:---|
| **National Warehouse & Distribution Portfolio** | **National Warehouse & Distribution Portfolio** | **National Warehouse & Distribution Portfolio** | **National Warehouse & Distribution Portfolio** |
| Mortgage Loan Seller: Citi | Mortgage Loan Seller: Citi | Top 15 Mortgage Loan: | Yes |
| Original Principal Balance: $100,000,000 | Original Principal Balance: $100,000,000 | Non-Top 15 Mortgage Loan: | No |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Appraisals | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | Lease Abstracts | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Tax Bills, Tax Assessor Website and Appraisals | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Lease Abstracts | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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| | | | |
|:---|:---|:---|:---|
| **Oak Street NLP Fund Portfolio** | **Oak Street NLP Fund Portfolio** | **Oak Street NLP Fund Portfolio** | **Oak Street NLP Fund Portfolio** |
| Mortgage Loan Seller: Wells Fargo | Mortgage Loan Seller: Wells Fargo | Top 15 Mortgage Loan: | Yes |
| Original Principal Balance: $97,500,000 | Original Principal Balance: $97,500,000 | Non-Top 15 Mortgage Loan: | No |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Leases | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | Leases | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | Ground Rent Documents and Underwriting Instructions and Adjustments | No Exceptions Noted |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Tax Bills and Appraisals | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Leases | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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---

| | | | |
|:---|:---|:---|:---|
| **Brandywine Strategic Office Portfolio** | **Brandywine Strategic Office Portfolio** | **Brandywine Strategic Office Portfolio** | **Brandywine Strategic Office Portfolio** |
| Mortgage Loan Seller: Wells Fargo | Mortgage Loan Seller: Wells Fargo | Top 15 Mortgage Loan: | Yes |
| Original Principal Balance: $81,249,999 | Original Principal Balance: $81,249,999 | Non-Top 15 Mortgage Loan: | No |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Borrower Operating Statement Data Files and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | Leases, Borrower Rent Roll Files, Borrower Budget, Tenant Billing Schedule and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | Borrower Budget and Underwriting Instructions and Adjustments | No Exceptions Noted |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Tax Assessor Website, Tax Bills, Insurance Bills and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Leases | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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| | | | |
|:---|:---|:---|:---|
| **Green Acres** | **Green Acres** | **Green Acres** | **Green Acres** |
| Mortgage Loan Seller: Morgan Stanley | Mortgage Loan Seller: Morgan Stanley | Top 15 Mortgage Loan: | Yes |
| Original Principal Balance: $70,000,000 | Original Principal Balance: $70,000,000 | Non-Top 15 Mortgage Loan: | No |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Borrower Operating Statement Data Files and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | Leases, Tenant Billing Schedule and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Tax Bills, Borrower Budget and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Leases and Estoppels | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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| | | | |
|:---|:---|:---|:---|
| **Orlando Office Portfolio** | **Orlando Office Portfolio** | **Orlando Office Portfolio** | **Orlando Office Portfolio** |
| Mortgage Loan Seller: Wells Fargo | Mortgage Loan Seller: Wells Fargo | Top 15 Mortgage Loan: | Yes |
| Original Principal Balance: $70,000,000 | Original Principal Balance: $70,000,000 | Non-Top 15 Mortgage Loan: | No |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Borrower Operating Statement Data Files, Appraisals and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | Borrower Operating Statement Data Files and Leases | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Tax Bills and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Leases | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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| | | | |
|:---|:---|:---|:---|
| **Seminole Trail Portfolio** | **Seminole Trail Portfolio** | **Seminole Trail Portfolio** | **Seminole Trail Portfolio** |
| Mortgage Loan Seller: Morgan Stanley | Mortgage Loan Seller: Morgan Stanley | Top 15 Mortgage Loan: | Yes |
| Original Principal Balance: $65,000,000 | Original Principal Balance: $65,000,000 | Non-Top 15 Mortgage Loan: | No |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Borrower Operating Statement Data Files and Appraisals | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | N/A | N/A |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Appraisals and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Leases and Estoppels | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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---

| | | | |
|:---|:---|:---|:---|
| **Shoppes at River Crossing** | **Shoppes at River Crossing** | **Shoppes at River Crossing** | **Shoppes at River Crossing** |
| Mortgage Loan Seller: Morgan Stanley | Mortgage Loan Seller: Morgan Stanley | Top 15 Mortgage Loan: | Yes |
| Original Principal Balance: $65,000,000 | Original Principal Balance: $65,000,000 | Non-Top 15 Mortgage Loan: | No |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | <br> Borrower Operating Statement Data Files, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | Lease Abstracts, Tenant Billing Schedule, Borrower Rent Roll File and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Borrower Budget | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Lease Abstracts | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Queen Kapiolani Hotel** | **Queen Kapiolani Hotel** | **Queen Kapiolani Hotel** | **Queen Kapiolani Hotel** |
| Mortgage Loan Seller: Wells Fargo | Mortgage Loan Seller: Wells Fargo | Top 15 Mortgage Loan: | Yes |
| Original Principal Balance: $60,300,000 | Original Principal Balance: $60,300,000 | Non-Top 15 Mortgage Loan: | No |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Borrower Operating Statement Data Files, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | N/A | N/A |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | Ground Rent Documents and Appraisal | No Exceptions Noted |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Tax Assessor Website and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | N/A | N/A |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **ExchangeRight Net Leased Portfolio #62** | **ExchangeRight Net Leased Portfolio #62** | **ExchangeRight Net Leased Portfolio #62** | **ExchangeRight Net Leased Portfolio #62** |
| Mortgage Loan Seller: Citi | Mortgage Loan Seller: Citi | Top 15 Mortgage Loan: | Yes |
| Original Principal Balance: $48,500,000 | Original Principal Balance: $48,500,000 | Non-Top 15 Mortgage Loan: | No |
| The following Items 1. to 7. refer to the procedures described in Attachment A: | The following Items 1. to 7. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Appraisals | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | N/A | N/A |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | N/A | N/A |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Lease Abstracts | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **ExchangeRight Net Leased Portfolio #61** | **ExchangeRight Net Leased Portfolio #61** | **ExchangeRight Net Leased Portfolio #61** | **ExchangeRight Net Leased Portfolio #61** |
| Mortgage Loan Seller: Morgan Stanley | Mortgage Loan Seller: Morgan Stanley | Top 15 Mortgage Loan: | Yes |
| Original Principal Balance: $46,872,000 | Original Principal Balance: $46,872,000 | Non-Top 15 Mortgage Loan: | No |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Appraisals and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | N/A | N/A |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | N/A | N/A |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Leases | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

---

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| | | | |
|:---|:---|:---|:---|
| **McKesson Phase 2** | **McKesson Phase 2** | **McKesson Phase 2** | **McKesson Phase 2** |
| Mortgage Loan Seller: Morgan Stanley | Mortgage Loan Seller: Morgan Stanley | Top 15 Mortgage Loan: | Yes |
| Original Principal Balance: $46,700,000 | Original Principal Balance: $46,700,000 | Non-Top 15 Mortgage Loan: | No |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Appraisal | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | Leases | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | N/A | N/A |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Leases | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

---

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| | | | |
|:---|:---|:---|:---|
| **ExchangeRight Net Leased Portfolio #60** | **ExchangeRight Net Leased Portfolio #60** | **ExchangeRight Net Leased Portfolio #60** | **ExchangeRight Net Leased Portfolio #60** |
| Mortgage Loan Seller: BANA | Mortgage Loan Seller: BANA | Top 15 Mortgage Loan: | Yes |
| Original Principal Balance: $39,250,000 | Original Principal Balance: $39,250,000 | Non-Top 15 Mortgage Loan: | No |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Appraisals and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | N/A | N/A |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | N/A | N/A |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Borrower Rent Roll Files, Leases, Estoppels and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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| | | | |
|:---|:---|:---|:---|
| **Smithsonian Libraries Research Annex** | **Smithsonian Libraries Research Annex** | **Smithsonian Libraries Research Annex** | **Smithsonian Libraries Research Annex** |
| Mortgage Loan Seller: Wells Fargo | Mortgage Loan Seller: Wells Fargo | Top 15 Mortgage Loan: | Yes |
| Original Principal Balance: $36,000,000 | Original Principal Balance: $36,000,000 | Non-Top 15 Mortgage Loan: | No |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Borrower Operating Statement Data Files, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Borrower Budget | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Lease Abstracts | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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| | | | |
|:---|:---|:---|:---|
| **575 Broadway** | **575 Broadway** | **575 Broadway** | **575 Broadway** |
| Mortgage Loan Seller: Wells Fargo | Mortgage Loan Seller: Wells Fargo | Top 15 Mortgage Loan: | Yes |
| Original Principal Balance: $35,000,000 | Original Principal Balance: $35,000,000 | Non-Top 15 Mortgage Loan: | No |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Borrower Operating Statements, Appraisal and Underwriting Instruction and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | Borrower Rent Roll File and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | Ground Rent Documents and Underwriting Instructions and Adjustments | No Exceptions Noted |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Appraisal and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Estoppels, Leases and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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| | | | |
|:---|:---|:---|:---|
| **1201 Third Avenue** | **1201 Third Avenue** | **1201 Third Avenue** | **1201 Third Avenue** |
| Mortgage Loan Seller: Morgan Stanley | Mortgage Loan Seller: Morgan Stanley | Top 15 Mortgage Loan: | Yes |
| Original Principal Balance: $30,000,000 | Original Principal Balance: $30,000,000 | Non-Top 15 Mortgage Loan: | No |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Borrower Operating Statement Data Files | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | Borrower Rent Roll File, Leases and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Insurance Review File and Borrower Budget | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Leases and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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| | | | |
|:---|:---|:---|:---|
| **Essex Crossing** | **Essex Crossing** | **Essex Crossing** | **Essex Crossing** |
| Mortgage Loan Seller: Morgan Stanley | Mortgage Loan Seller: Morgan Stanley | Top 15 Mortgage Loan: | No |
| Original Principal Balance: $25,000,000 | Original Principal Balance: $25,000,000 | Non-Top 15 Mortgage Loan: | Yes |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Borrower Operating Statement Data Files, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | N/A | N/A |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Tax Assessor Website and Borrower Budget | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Leases and Estoppels | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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| | | | |
|:---|:---|:---|:---|
| **Shabsels Leased Fee Portfolio** | **Shabsels Leased Fee Portfolio** | **Shabsels Leased Fee Portfolio** | **Shabsels Leased Fee Portfolio** |
| Mortgage Loan Seller: Citi | Mortgage Loan Seller: Citi | Top 15 Mortgage Loan: | No |
| Original Principal Balance: $23,500,000 | Original Principal Balance: $23,500,000 | Non-Top 15 Mortgage Loan: | Yes |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Appraisals | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | N/A | N/A |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Leases | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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| | | | |
|:---|:---|:---|:---|
| **Hampton Inn Orlando Florida Portfolio** | **Hampton Inn Orlando Florida Portfolio** | **Hampton Inn Orlando Florida Portfolio** | **Hampton Inn Orlando Florida Portfolio** |
| Mortgage Loan Seller: Wells Fargo | Mortgage Loan Seller: Wells Fargo | Top 15 Mortgage Loan: | No |
| Original Principal Balance: $23,300,000 | Original Principal Balance: $23,300,000 | Non-Top 15 Mortgage Loan: | Yes |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Borrower Operating Statement Data Files, Appraisals and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | N/A | N/A |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Tax Assessor Website, Insurance Review File, Appraisals and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | N/A | N/A |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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| | | | |
|:---|:---|:---|:---|
| **Marnell Corporate Center V** | **Marnell Corporate Center V** | **Marnell Corporate Center V** | **Marnell Corporate Center V** |
| Mortgage Loan Seller: Wells Fargo | Mortgage Loan Seller: Wells Fargo | Top 15 Mortgage Loan: | No |
| Original Principal Balance: $21,000,000 | Original Principal Balance: $21,000,000 | Non-Top 15 Mortgage Loan: | Yes |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Borrower Operating Statement Data Files, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | N/A | N/A |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Tax Bills and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Estoppels | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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| | | | |
|:---|:---|:---|:---|
| **Heritage Shops at Millennium Park** | **Heritage Shops at Millennium Park** | **Heritage Shops at Millennium Park** | **Heritage Shops at Millennium Park** |
| Mortgage Loan Seller: Citi | Mortgage Loan Seller: Citi | Top 15 Mortgage Loan: | No |
| Original Principal Balance: $18,800,000 | Original Principal Balance: $18,800,000 | Non-Top 15 Mortgage Loan: | Yes |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Borrower Operating Statement Data Files, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | N/A | N/A |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Tax Bills and Insurance Bills | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Lease and Lease Abstracts | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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| | | | |
|:---|:---|:---|:---|
| **Hilton Garden Inn Blacksburg University** | **Hilton Garden Inn Blacksburg University** | **Hilton Garden Inn Blacksburg University** | **Hilton Garden Inn Blacksburg University** |
| Mortgage Loan Seller: Wells Fargo | Mortgage Loan Seller: Wells Fargo | Top 15 Mortgage Loan: | No |
| Original Principal Balance: $9,000,000 | Original Principal Balance: $9,000,000 | Non-Top 15 Mortgage Loan: | Yes |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Borrower Operating Statement Data Files | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | N/A | N/A |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | Ground Rent Documents and Underwriting Instructions and Adjustments | No Exceptions Noted |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Borrower Operating Statement Data Files and Tax Bills | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | N/A | N/A |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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| | | | |
|:---|:---|:---|:---|
| **Quality Inn Long Beach-Signal Hill - CA** | **Quality Inn Long Beach-Signal Hill - CA** | **Quality Inn Long Beach-Signal Hill - CA** | **Quality Inn Long Beach-Signal Hill - CA** |
| Mortgage Loan Seller: Wells Fargo | Mortgage Loan Seller: Wells Fargo | Top 15 Mortgage Loan: | No |
| Original Principal Balance: $6,500,000 | Original Principal Balance: $6,500,000 | Non-Top 15 Mortgage Loan: | Yes |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Borrower Operating Statement Data Files, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | N/A | N/A |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Tax Bills and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Leases | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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| | | | |
|:---|:---|:---|:---|
| **Thomaston Shopping Center** | **Thomaston Shopping Center** | **Thomaston Shopping Center** | **Thomaston Shopping Center** |
| Mortgage Loan Seller: Citi | Mortgage Loan Seller: Citi | Top 15 Mortgage Loan: | No |
| Original Principal Balance: $4,500,000 | Original Principal Balance: $4,500,000 | Non-Top 15 Mortgage Loan: | Yes |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Borrower Operating Statement Data Files, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | N/A | N/A |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Tax Assessor Website and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Lease Abstracts | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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| | | | |
|:---|:---|:---|:---|
| **DRC Warehouse** | **DRC Warehouse** | **DRC Warehouse** | **DRC Warehouse** |
| Mortgage Loan Seller: Citi | Mortgage Loan Seller: Citi | Top 15 Mortgage Loan: | No |
| Original Principal Balance: $3,153,000 | Original Principal Balance: $3,153,000 | Non-Top 15 Mortgage Loan: | Yes |
| The following Items 1. to 6. refer to the procedures described in Attachment A: | The following Items 1. to 6. refer to the procedures described in Attachment A: |  |  |
| **Item** | **Description of the Procedures** | **Primary Source Document(s) Used** | **Findings** |
|  | OPERATING STATEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 1 | For each Mortgage Loan, compare, or recalculate and compare (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income information as shown in the Source Document(s) listed (as applicable) for each Specified Period to the corresponding information on the Underwriting File. Identify any variance above a 3% threshold and $10,000. | Appraisal | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For each Top 15 Mortgage Loan, compare the cash flow reimbursements for the top five tenants (by underwritten base rent revenue) as shown in the Source Document(s) listed (as applicable) to the corresponding underwritten cash flow reimbursements on the Underwritten Rent Roll or Underwriting File. Identify any variance above a 10% and $10,000 threshold. | N/A | N/A |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense as shown in the Source Document(s) listed (as applicable) for the Underwritten Period to the corresponding amount on the Underwriting File. Identify any variance above a 5% threshold. | N/A | N/A |
| 4 | For each Mortgage Loan, compare the tax expense and insurance expense amounts as shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance above a +5% and +$10,000 threshold. | Appraisal | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For each Top 15 Mortgage Loan, compare the lease expiration date (only for the commercial tenants (ordered by underwritten base rent of each tenant) that comprise 80% of the aggregate underwritten base rent revenue, with a maximum of ten commercial tenants) and lease early termination options (for the top ten commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. <br>For each Mortgage Loan that is not a Top 15 Mortgage Loan, compare the lease expiration date (for the top five commercial tenants by underwritten base rent revenue) and lease early termination options (for the top five commercial tenants by underwritten base rent revenue) that are shown in the Source Document(s) listed (as applicable) to the corresponding information on the Underwritten Rent Roll (or ASR if the lease termination options are not shown on the Underwritten Rent Roll). Identify any variance above a 90-day threshold. | Lease Abstracts | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each Mortgage Loan, using the TTM Period revenue and expense information on the Underwriting File, underwritten revenue and expense information on the Underwriting File and the Underwriting Instructions and Adjustments, compare the underwritten revenue and expense line items on the Underwriting File to the corresponding TTM Period revenue and expense line items on the Underwriting File. Identify any differences above a 10% threshold that are not explained in the Underwriting Instructions and Adjustments.<br>For each Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue, expense and net cash flow line items that are shown on the Underwriting File. Identify any variance above a 5% and $15,000 threshold. | Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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