# EDGAR Filing Document

**Accession Number:** 0001013611
**File Stem:** 0001539497-25-003362
**Filing Date:** 2025-12
**Character Count:** 59453
**Document Hash:** 6605a7ca91f915f9eeed66bda054bc1c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001539497-25-003362.hdr.sgml**: 20251230

**ACCESSION NUMBER**: 0001539497-25-003362

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

**PUBLIC DOCUMENT COUNT**: 5

**CONFORMED PERIOD OF REPORT**: 20251230

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

**FILED AS OF DATE**: 20251230

**DATE AS OF CHANGE**: 20251230

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

**ABS ASSET CLASS**: Commercial mortgages

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP
- **CENTRAL INDEX KEY:** 0001013611
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 133789046
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-00709
- **FILM NUMBER:** 251614126

**BUSINESS ADDRESS:**
- **STREET 1:** 383 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10179
- **BUSINESS PHONE:** 2126483063

**MAIL ADDRESS:**
- **STREET 1:** 383 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10179

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MORGAN J P COMMERCIAL MORTGAGE FINANCE CORP
- **DATE OF NAME CHANGE:** 19960506
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP
- **CENTRAL INDEX KEY:** 0001013611
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 133789046
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 383 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10179
- **BUSINESS PHONE:** 2126483063

**MAIL ADDRESS:**
- **STREET 1:** 383 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10179

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MORGAN J P COMMERCIAL MORTGAGE FINANCE CORP
- **DATE OF NAME CHANGE:** 19960506
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP
- **CENTRAL INDEX KEY:** 0001013611
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 133789046
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-00709

**BUSINESS ADDRESS:**
- **STREET 1:** 383 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10179
- **BUSINESS PHONE:** 2126483063

**MAIL ADDRESS:**
- **STREET 1:** 383 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10179

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MORGAN J P COMMERCIAL MORTGAGE FINANCE CORP
- **DATE OF NAME CHANGE:** 19960506

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION<br> Washington, D.C. 20549** 

**FORM ABS-15G** 

**ASSET-BACKED SECURITIZER<br> Report Pursuant to Section 15G of** 

**the Securities Exchange Act of 1934**

<br> 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<br> 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) [_]<br>Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) [_]<br>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: **0001013611**

TORY Commercial Mortgage Trust 2026-HGTS <br> (Exact name of issuing entity as specified in its charter)

Central Index Key Number of issuing entity (if applicable): Not applicable

Central Index Key Number of underwriter (if applicable): <u>Not applicable</u> 

Kunal K. Singh, (212) 834-5467 <br> Name and telephone number, including area code, of the person to contact in connection with this filing

**INFORMATION TO BE INCLUDED IN THE REPORT**

**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 December 30, 2025, of PricewaterhouseCoopers LLP, obtained by the depositor, which report sets forth the findings and conclusions, as applicable, of PricewaterhouseCoopers LLP with respect to certain agreed-upon procedures performed by PricewaterhouseCoopers LLP.

Attached as <u>Exhibit 2</u> hereto is an underwriting information comparison agreed-upon procedures report, dated December 30, 2025, of Ernst & Young LLP, obtained by the depositor, which report sets forth the findings and conclusions, as applicable, of Ernst & Young LLP with respect to certain agreed-upon procedures performed by Ernst & Young LLP.

**SIGNATURES**

<br> 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.

---

| | | | |
|:---|:---|:---|:---|
| Date: December 30, 2025 | &nbsp;&nbsp;&nbsp;&nbsp;J.P. MORGAN CHASE COMMERCIAL<br> MORTGAGE SECURITIES CORP. | &nbsp;&nbsp;&nbsp;&nbsp;J.P. MORGAN CHASE COMMERCIAL<br> MORTGAGE SECURITIES CORP. | &nbsp;&nbsp;&nbsp;&nbsp;J.P. MORGAN CHASE COMMERCIAL<br> MORTGAGE SECURITIES CORP. |
|  | By: | /s/ Kunal K. Singh | /s/ Kunal K. Singh |
|  |  | Name: | Kunal K. Singh |
|  |  | Title: | President and Chief Executive Officer |

---

Exhibit 1 Agreed-upon procedures report, dated December 30, 2025, of PricewaterhouseCoopers LLP. <br>Exhibit 2 Underwriting information comparison agreed-upon procedures report, dated December 30, 2025, of Ernst & Young LLP.

## Ex-1

**Exhibit 1** 

**Report of Independent Accountants on Applying** 

**Agreed-Upon Procedures**

JPMorgan Chase Bank, National Association

270 Park Avenue, 4<sup>th</sup> Floor

New York, NY 10017

We ("us" or "PwC") have performed the procedures enumerated below, which were agreed to by JPMorgan Chase Bank, National Association (the "Company", as the engaging party) and J.P. Morgan Securities LLC, J.P. Morgan Chase Commercial Mortgage Securities Corp., Goldman Sachs & Co. LLC, Goldman Sachs Mortgage Company, Goldman Sachs Bank USA, Deutsche Bank Securities Inc. and German American Capital Corporation, who are collectively referred to as the "Specified Parties", solely to assist you in performing certain procedures related to the accuracy of certain attributes and calculations within the Final Data File (defined below). The procedures were performed with respect to the TORY Commercial Mortgage Trust 2026-HGTS, Commercial Mortgage Pass-Through Certificates, Series 2026-HGTS securitization (the "Transaction"). The Company (the "Responsible Party") is responsible for the accuracy of the information contained in the Final Data File.

In an agreed-upon procedures engagement, we perform specific procedures that the Specified Parties have agreed to and acknowledged to be appropriate for the intended purpose of the engagement and we report on findings based on the procedures performed. The procedures performed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. The Specified Parties have agreed to and acknowledged that the procedures performed are appropriate for their purposes. This report may not be suitable for any other purpose.

***Procedures and Findings***

 ****

In connection with the Transaction, the Specified Parties have requested that the procedures be performed on 1 mortgage loan (the "Mortgage Loan Asset") secured by 1 mortgaged property (the "Mortgaged Property") which represents the entire population of Mortgage Loan Asset and Mortgaged Property (collectively the "Collateral") within the Transaction.

This agreed-upon procedures engagement was not conducted for the purpose of satisfying any criteria for due diligence published by a nationally recognized statistical rating organization.

In addition, PwC should not be regarded as having in any way warranted or given any assurance as to the following items:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The completeness, accuracy, appropriateness, quality
or integrity of any of the information provided by the Responsible Party, or any other party for the purpose of PwC performing the procedures
agreed to by the Specified Parties. The procedures performed would not necessarily reveal any material misstatement of the amounts, balances,
ratios, percentages or other relationships of the information included in the data provided to us;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The conformity of the origination of the assets
to stated underwriting or credit extension guidelines, standards, criteria or other requirements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The value of the Mortgaged Property securing the
Mortgage Loan Asset; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The compliance of the originator of the assets
with federal, state, and local laws and regulations.

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 1 <br>

![](pwclogo.jpg)

We have not performed any procedures with respect to the fair value of the securities being offered in the Transaction and PwC expresses no opinion on the fair value of these securities. PwC should not be regarded as having performed any procedures other than those detailed in this report.

With respect to any terms or requirements of the Transaction documents that do not appear in this report, we performed no procedures and, accordingly, the procedures we performed would not ensure that any requirements are satisfied. Further, we have performed only the following agreed-upon procedures and therefore make no representations regarding the adequacy of disclosures or whether any material facts have been omitted from the Transaction documents.

It should be understood that we make no representations as to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The interpretation of Transaction documents included in connection with our
procedures;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Your compliance with Rule 15Ga-2 of the Securities Exchange Act of 1934;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The reasonableness of any of the assumptions provided by the Company or other
Specified Parties.

These procedures should not be taken to supplant any additional inquiries or procedures that the Specified Parties would undertake in consideration of the Transaction.

For the purpose of this report:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The phrase "Cut-off Date" refers to the date of January 9, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The phrase "Final Data File" refers to the following Microsoft
Excel ("Excel") file provided by the Company, which includes certain attributes related to the Collateral. The Final Data
File was provided on December 30, 2025 with certain Collateral attribute calculations adjusted for the Cut-off Date:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o TORY 2026-HGTS - Accounting Tape (12.30.25)v2.xlsx (provided on December 30, 2025).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The phrase "Specified Attributes" refers to the fields in the
Final Data File.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The phrase "Source Document" refers to the documents (including
any applicable amendments, assumptions or exhibits thereof) provided by the Company, related to the information contained in the Final
Data File.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The phrase "Loan File" refers to any Source Document or collection
of Source Documents provided by the Company, and used by us, in performing the procedures enumerated below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The term "compared" refers to the comparison of one or more Specified
Attributes to Source Documents, as indicated within Exhibit A.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The term "recalculated" refers to a re-computation of one or
more Specified Attributes using the Company provided methodology, as indicated within Exhibit B.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The phrase "in agreement" refers to the comparison or recalculation
of one or more Specified Attributes which resulted in a match, or a difference that was within the Company provided tolerance level (if
any), as indicated within Exhibit A.

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 2 <br>

![](pwclogo.jpg)

Source Documents included in the Loan File:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The phrase "Appraisal Report" refers to a draft or signed appraisal
document or exhibit.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The phrase "Cash Management Agreement" refers to a signed or
draft cash management agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The phrase "Engineering Report" refers to a draft or final property
condition assessment document or exhibit.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The phrase "Environmental Report" refers to a draft or final
phase I and phase II (if applicable) environmental document or exhibit.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The phrase "Fee Schedule" refers to the documentation for the
administrative fee rate related to the Transaction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The phrase "Loan Agreement" refers to a signed or draft loan
agreement and any amendments or exhibits thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The phrase "Management Agreement" refers to signed or draft management
agreements and any amendments, assignments or assumptions thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The phrase "Seismic Report" refers to a draft or final seismic
assessment document or exhibit.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The phrase "Title Policy" refers to a signed or proforma title
policy or commitment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The phrase "Underwriting File" refers to the Excel file provided
by the Company, which includes rent roll information and historical and pro-forma cash flow statements prepared by the Company's
underwriting team.

The procedures performed and results thereof are described below. In performing this engagement, we received one or more preliminary data file(s) and performed certain procedures as set forth in Exhibit A and Exhibit B. The procedures identified differences, which were communicated to the Responsible Party. The Responsible Party revised one or more of the preliminary data files based on such communicated differences, where they determined it to be appropriate. We then performed these procedures on the Final Data File, and the results of those procedures are described below.

From December 5, 2025 through December 30, 2025, the Company provided us with the Source Documents related to the Collateral for which we:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Compared certain Specified Attributes to the corresponding
Source Documents as detailed in Exhibit A and found them to be in agreement (the "Compared Attributes");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Recalculated certain Specified Attributes as detailed
in Exhibit B and found them to be in agreement (the "Recalculated Attributes"); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Assumed certain Specified
Attributes were accurate as instructed by the Company, and neither compared nor recalculated the Specified Attributes (the "Company
Provided Attributes").

The recalculation methodology associated with the Recalculated Attributes is listed in Exhibit B. For

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 3 <br>

![](pwclogo.jpg)

each procedure where a recalculation was performed, if necessary, we compared the underlying attributes to the corresponding Source Documents and found them to be in agreement. We did not perform any procedures with respect to the Specified Attributes denoted with a Source Document of "None - Company Provided", in Exhibit A.

This agreed-upon procedures engagement was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. We were not engaged to, and did not conduct an audit or an examination engagement, the objective of which would be the expression of an opinion, or a review engagement, the objective of which would be the expression of a conclusion, on the Final Data File. 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.

In performing this engagement, we are required to be independent of the Responsible Party and to meet our ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement.

This report is intended solely for the information and use of the Specified Parties (including for the purpose of substantiating the Specified Parties' "due diligence defense" under the Securities Act of 1933), and is not intended to be and should not be used by anyone other than the Specified Parties.

If a party has obtained, or has access to, this report without having executed an agreement with PwC wherein such party accepts responsibility for the appropriateness of the procedures performed (such party is referred to as a "Non-Specified Party"), that Non-Specified Party cannot:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Rely upon this report, and any use of this report by that Non-Specified Party
is its sole responsibility and at its sole and exclusive risk; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Acquire any rights or claims against PwC, and PwC assumes no duties or obligations
to such Non-Specified Party.

A Non-Specified Party may not disclose or distribute this report or any of the report's contents to any

other party (including but not limited to electronic distribution and/or posting to a website pursuant to Rule 17g-5 of the Securities Exchange Act of 1934).

The procedures enumerated above were performed as of the date of this report, and we disclaim any consideration of any events and circumstances occurring after the date of this report. Further, we have no obligation to update this report because of events occurring, or data or information coming to our attention, subsequent to the date of this report.

/s/ PricewaterhouseCoopers LLP

New York, NY

December 30, 2025

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 4 <br>

**Exhibits**

Exhibit A – Loan File Review Procedures

Exhibit B – Recalculation Methodology

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 5 <br>

TORY 2026-HGTS<br> Loan File Review Procedures EXHIBIT A

**Exhibit A - Loan File Review Procedures** 

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp;**Source Document (in order of priority)** | &nbsp;&nbsp;**Tolerance** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;No. | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Property No. | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Property Name | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Borrower Entity | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Sponsor | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Guarantor | &nbsp;&nbsp;Guaranty Agreement |  |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Property Manager | &nbsp;&nbsp;Management Agreement |  |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Property Sub-Manager | &nbsp;&nbsp;Management Agreement |  |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Property Address | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Property City | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;State | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Zip Code | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Property Type | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Class | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Property Sub Type | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Year Built | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Year Renovated | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Units/SF | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Unit Type | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Original Whole Loan Balance | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Cut-off Date Whole Loan Balance | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Maturity Date Whole Loan Balance | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Cut-off Date Whole Loan Balance Per SF | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Original Trust Mortgage Balance | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Cut-off Date Trust Loan Balance | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Maturity Date Trust Loan Balance | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Cut-off Date Trust Loan Balance Per SF | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Non-Trust Mortgage Balance | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Cut-off Date Non-Trust Mortgage Loan Balance | &nbsp;&nbsp;Recalculation |  |

---

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 6 <br>

TORY 2026-HGTS<br> Loan File Review Procedures EXHIBIT A

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp;**Source Document (in order of priority)** | &nbsp;&nbsp;**Tolerance** |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Maturity Date Non-Trust Mortgage Loan Balance | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Origination Date | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Initial Maturity Date | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;ARD Loan (Y/N) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Final Maturity Date | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;ARD Rate Step | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Payment Grace Period (Default) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Payment Grace Period | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Maturity Payment Grace Period (Default) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Maturity Payment Grace Period | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Original Mortgage Loan Term | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Original Mortgage Loan Amortization Term | &nbsp;&nbsp;Not Applicable\* |  |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Mortgage Loan IO Period | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Seasoning | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;46 | &nbsp;&nbsp;Remaining Mortgage Loan Term to Maturity | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;47 | &nbsp;&nbsp;Remaining Mortgage Loan Amortization Term | &nbsp;&nbsp;Not Applicable\* |  |
| &nbsp;&nbsp;48 | &nbsp;&nbsp;Rate Type | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;49 | &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;50 | &nbsp;&nbsp;Accrual Basis | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;51 | &nbsp;&nbsp;Interest Accrual Period Start | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;52 | &nbsp;&nbsp;Interest Accrual Period End | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;53 | &nbsp;&nbsp;Assumed Whole Loan Interest Rate | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;54 | &nbsp;&nbsp;Whole Loan Annual Debt Service | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;55 | &nbsp;&nbsp;Whole Loan Monthly Debt Service | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;56 | &nbsp;&nbsp;Prepayment String | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;57 | &nbsp;&nbsp;Partial Prepayments Allowed | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;58 | &nbsp;&nbsp;Partial Release Permitted | &nbsp;&nbsp;Loan Agreement |  |

---

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 7 <br>

TORY 2026-HGTS<br> Loan File Review Procedures EXHIBIT A

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp;**Source Document (in order of priority)** | &nbsp;&nbsp;**Tolerance** |
| &nbsp;&nbsp;59 | &nbsp;&nbsp;Partial Release Description | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;60 | &nbsp;&nbsp;LockBox (Y/N) | &nbsp;&nbsp;Cash Management Agreement |  |
| &nbsp;&nbsp;61 | &nbsp;&nbsp;LockBox Type | &nbsp;&nbsp;Cash Management Agreement |  |
| &nbsp;&nbsp;62 | &nbsp;&nbsp;Cash Management | &nbsp;&nbsp;Cash Management Agreement |  |
| &nbsp;&nbsp;63 | &nbsp;&nbsp;Springing Conditions | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;64 | &nbsp;&nbsp;Single Purpose Entity | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;65 | &nbsp;&nbsp;Non-Consolidation Letter | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;66 | &nbsp;&nbsp;TIC Structure | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;67 | &nbsp;&nbsp;DST | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;68 | &nbsp;&nbsp;Initial Tax Reserve | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;69 | &nbsp;&nbsp;Monthly Tax Reserve | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;70 | &nbsp;&nbsp;Tax Reserve Cap | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;71 | &nbsp;&nbsp;Initial Insurance Reserve | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;72 | &nbsp;&nbsp;Monthly Insurance Reserve | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;73 | &nbsp;&nbsp;Insurance Reserve Cap | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;74 | &nbsp;&nbsp;Upfront Required Repairs | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;75 | &nbsp;&nbsp;Initial Replacement Reserves | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;76 | &nbsp;&nbsp;Monthly Replacement Reserves | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;77 | &nbsp;&nbsp;Replacement Reserves Cap | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;78 | &nbsp;&nbsp;Initial Rollover Reserve | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;79 | &nbsp;&nbsp;Monthly Rollover Reserve | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;80 | &nbsp;&nbsp;Rollover Reserve Cap | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;81 | &nbsp;&nbsp;Other Reserve Type | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;82 | &nbsp;&nbsp;Other Reserve Initial Deposit | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;83 | &nbsp;&nbsp;Other Reserve Monthly Deposit | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;84 | &nbsp;&nbsp;Other Reserve Cap | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;85 | &nbsp;&nbsp;Letter of Credit | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;86 | &nbsp;&nbsp;Earnout / Holdback | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;87 | &nbsp;&nbsp;Occupancy % | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;88 | &nbsp;&nbsp;Occupancy Date | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;89 | &nbsp;&nbsp;Appraisal Firm | &nbsp;&nbsp;Appraisal Report |  |

---

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 8 <br>

TORY 2026-HGTS<br> Loan File Review Procedures EXHIBIT A

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp;**Source Document (in order of priority)** | &nbsp;&nbsp;**Tolerance** |
| &nbsp;&nbsp;90 | &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;91 | &nbsp;&nbsp;Appraised Value Type | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;92 | &nbsp;&nbsp;Date of Appraisal (Valuation Date) | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;93 | &nbsp;&nbsp;Appraisal Cap Rate | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;94 | &nbsp;&nbsp;Environmental Firm | &nbsp;&nbsp;Environmental Report |  |
| &nbsp;&nbsp;95 | &nbsp;&nbsp;Phase I Date | &nbsp;&nbsp;Environmental Report |  |
| &nbsp;&nbsp;96 | &nbsp;&nbsp;Phase II Date | &nbsp;&nbsp;Not Applicable\* |  |
| &nbsp;&nbsp;97 | &nbsp;&nbsp;Environmental Insurance | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;98 | &nbsp;&nbsp;Engineering Firm | &nbsp;&nbsp;Engineering Report |  |
| &nbsp;&nbsp;99 | &nbsp;&nbsp;Engineering Report Date | &nbsp;&nbsp;Engineering Report |  |
| &nbsp;&nbsp;100 | &nbsp;&nbsp;Seismic Insurance | &nbsp;&nbsp;Seismic Report; Loan Agreement |  |
| &nbsp;&nbsp;101 | &nbsp;&nbsp;Seismic Firm | &nbsp;&nbsp;Seismic Report |  |
| &nbsp;&nbsp;102 | &nbsp;&nbsp;Seismic Report Date | &nbsp;&nbsp;Seismic Report |  |
| &nbsp;&nbsp;103 | &nbsp;&nbsp;Seismic PML % | &nbsp;&nbsp;Seismic Report |  |
| &nbsp;&nbsp;104 | &nbsp;&nbsp;Title Type | &nbsp;&nbsp;Title Policy |  |
| &nbsp;&nbsp;105 | &nbsp;&nbsp;Ground Lease Expiration Date | &nbsp;&nbsp;Not Applicable\* |  |
| &nbsp;&nbsp;106 | &nbsp;&nbsp;Ground Lease Fully Extended Expiration Date | &nbsp;&nbsp;Not Applicable\* |  |
| &nbsp;&nbsp;107 | &nbsp;&nbsp;Ground Lease Payment (monthly) | &nbsp;&nbsp;Not Applicable\* |  |
| &nbsp;&nbsp;108 | &nbsp;&nbsp;Additional Debt Permitted | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;109 | &nbsp;&nbsp;Additional Debt Type | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;110 | &nbsp;&nbsp;TTM Date | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;111 | &nbsp;&nbsp;TTM Occupancy % | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;112 | &nbsp;&nbsp;TTM Effective Gross Income | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1.00 |
| &nbsp;&nbsp;113 | &nbsp;&nbsp;TTM Expense Total | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1.00 |
| &nbsp;&nbsp;114 | &nbsp;&nbsp;TTM NOI | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1.00 |
| &nbsp;&nbsp;115 | &nbsp;&nbsp;TTM NCF | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1.00 |
| &nbsp;&nbsp;116 | &nbsp;&nbsp;2026 Proforma Date | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;117 | &nbsp;&nbsp;2026 Proforma Occupancy % | &nbsp;&nbsp;Underwriting File |  |

---

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 9 <br>

TORY 2026-HGTS<br> Loan File Review Procedures EXHIBIT A

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp;**Source Document (in order of priority)** | &nbsp;&nbsp;**Tolerance** |
| &nbsp;&nbsp;118 | &nbsp;&nbsp;2026 Proforma Effective Gross Income | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1.00 |
| &nbsp;&nbsp;119 | &nbsp;&nbsp;2026 Proforma Expense Total | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1.00 |
| &nbsp;&nbsp;120 | &nbsp;&nbsp;2026 Proforma NOI | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1.00 |
| &nbsp;&nbsp;121 | &nbsp;&nbsp;2026 Proforma NCF | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1.00 |
| &nbsp;&nbsp;122 | &nbsp;&nbsp;Underwritten In-Place Effective Gross Income | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1.00 |
| &nbsp;&nbsp;123 | &nbsp;&nbsp;Underwritten In-Place Expense Total | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1.00 |
| &nbsp;&nbsp;124 | &nbsp;&nbsp;Underwritten In-Place NOI | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1.00 |
| &nbsp;&nbsp;125 | &nbsp;&nbsp;Underwritten In-Place Replacement Reserves | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1.00 |
| &nbsp;&nbsp;126 | &nbsp;&nbsp;Underwritten In-Place TI/LC | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1.00 |
| &nbsp;&nbsp;127 | &nbsp;&nbsp;Underwritten In-Place NCF | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1.00 |
| &nbsp;&nbsp;128 | &nbsp;&nbsp;Underwritten In-Place Economic Occupancy | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;129 | &nbsp;&nbsp;Whole Loan Underwritten NCF DSCR | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;130 | &nbsp;&nbsp;Whole Loan Underwritten In-Place NOI DY | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;131 | &nbsp;&nbsp;Whole Loan Cut-off Date As-Is LTV | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;132 | &nbsp;&nbsp;Whole Loan Maturity Date As-Is LTV | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;133 | &nbsp;&nbsp;Tenant Name 1 | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;134 | &nbsp;&nbsp;SF1 | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;135 | &nbsp;&nbsp;Space Pct 1 | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;136 | &nbsp;&nbsp;Tenant Lease Expiration Date 1 | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;137 | &nbsp;&nbsp;Tenant Name 2 | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;138 | &nbsp;&nbsp;SF2 | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;139 | &nbsp;&nbsp;Space Pct 2 | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;140 | &nbsp;&nbsp;Tenant Lease Expiration Date 2 | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;141 | &nbsp;&nbsp;Tenant Name 3 | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;142 | &nbsp;&nbsp;SF3 | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;143 | &nbsp;&nbsp;Space Pct 3 | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;144 | &nbsp;&nbsp;Tenant Lease Expiration Date 3 | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;145 | &nbsp;&nbsp;Tenant Name 4 | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;146 | &nbsp;&nbsp;SF4 | &nbsp;&nbsp;Underwriting File |  |

---

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 10 <br>

TORY 2026-HGTS<br> Loan File Review Procedures EXHIBIT A

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp;**Source Document (in order of priority)** | &nbsp;&nbsp;**Tolerance** |
| &nbsp;&nbsp;147 | &nbsp;&nbsp;Space Pct 4 | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;148 | &nbsp;&nbsp;Tenant Lease Expiration Date 4 | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;149 | &nbsp;&nbsp;Tenant Name 5 | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;150 | &nbsp;&nbsp;SF5 | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;151 | &nbsp;&nbsp;Space Pct 5 | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;152 | &nbsp;&nbsp;Tenant Lease Expiration Date 5 | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;153 | &nbsp;&nbsp;Primary Servicer Fee Rate | &nbsp;&nbsp;Fee Schedule |  |
| &nbsp;&nbsp;154 | &nbsp;&nbsp;Master Servicer Fee Rate | &nbsp;&nbsp;Fee Schedule |  |
| &nbsp;&nbsp;155 | &nbsp;&nbsp;Servicing Fee Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;156 | &nbsp;&nbsp;Trustee/Cert Admin Fee Rate | &nbsp;&nbsp;Fee Schedule |  |
| &nbsp;&nbsp;157 | &nbsp;&nbsp;Operating Advisor Fee | &nbsp;&nbsp;Not Applicable\* |  |
| &nbsp;&nbsp;158 | &nbsp;&nbsp;CREFC Fee Rate | &nbsp;&nbsp;Fee Schedule |  |
| &nbsp;&nbsp;159 | &nbsp;&nbsp;Total Admin Fee Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;160 | &nbsp;&nbsp;Net Mortgage Rate | &nbsp;&nbsp;Recalculation |  |

---

\* The fields for the noted Specified Attributes were either not populated in the Final Data File or populated with the term "NAP". As such, we were instructed by the Company to not perform any procedures on these Specified Attributes

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 11 <br>

TORY 2026-HGTS<br> Recalculation Methodology EXHIBIT B

**Exhibit B - Recalculation Methodology**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp;**Recalculation Methodology** |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Cut-off Date Whole Loan Balance | &nbsp;&nbsp;Set equal to Original Whole Loan Balance. |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Maturity Date Whole Loan Balance | &nbsp;&nbsp;Set equal to Original Whole Loan Balance. |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Cut-off Date Whole Loan Balance Per SF | &nbsp;&nbsp;Quotient of (i) Cut-off Date Whole Loan Balance and (ii) Units/SF. |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Cut-off Date Trust Loan Balance | &nbsp;&nbsp;Set equal to Original Trust Mortgage Balance. |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Maturity Date Trust Loan Balance | &nbsp;&nbsp;Set equal to Original Trust Mortgage Balance. |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Cut-off Date Trust Loan Balance Per SF | &nbsp;&nbsp;Quotient of (i) Cut-off Date Trust Loan Balance and (ii) Units/SF. |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Cut-off Date Non-Trust Mortgage Loan Balance | &nbsp;&nbsp;Difference between (i) Cut-off Date Whole Loan Balance and (ii) Cut-off Date Trust Loan Balance. |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Maturity Date Non-Trust Mortgage Loan Balance | &nbsp;&nbsp;Difference between (i) Maturity Date Whole Loan Balance and (ii) Maturity Date Trust Loan Balance. |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Original Mortgage Loan Term | &nbsp;&nbsp;Count of the number of monthly payment dates, from and inclusive of (i) First Payment Date, to and including (ii) Initial Maturity Date. |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Mortgage Loan IO Period | &nbsp;&nbsp;Count of the number of monthly payment dates, from and inclusive of (i) First Payment Date, to and including (ii) Initial Maturity Date. |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Seasoning | &nbsp;&nbsp;Count of the number of monthly payment dates, from and inclusive of (i) First Payment Date, to and including (ii) Cut-off Date. |
| &nbsp;&nbsp;46 | &nbsp;&nbsp;Remaining Mortgage Loan Term to Maturity | &nbsp;&nbsp;Difference between (i) Original Mortgage Loan Term and (ii) Seasoning. |
| &nbsp;&nbsp;54 | &nbsp;&nbsp;Whole Loan Annual Debt Service | &nbsp;&nbsp;Product of (i) Whole Loan Monthly Debt Service and (ii) 12. |
| &nbsp;&nbsp;55 | &nbsp;&nbsp;Whole Loan Monthly Debt Service | &nbsp;&nbsp;Quotient of (i) product of (a) Cut-off Date Whole Loan Balance, (b) Assumed Whole Loan Interest Rate and (c) the Accrual Basis (Actual/360) and (ii) 12. |
| &nbsp;&nbsp;129 | &nbsp;&nbsp;Whole Loan Underwritten NCF DSCR | &nbsp;&nbsp;Quotient of (i) Underwritten In-Place NCF and (ii) Whole Loan Annual Debt Service. |
| &nbsp;&nbsp;130 | &nbsp;&nbsp;Whole Loan Underwritten In-Place NOI DY | &nbsp;&nbsp;Quotient of (i) Underwritten In-Place NOI and (ii) Cut-off Date Whole Loan Balance. |
| &nbsp;&nbsp;131 | &nbsp;&nbsp;Whole Loan Cut-off Date As-Is LTV | &nbsp;&nbsp;Quotient of (i) Cut-off Date Whole Loan Balance and (ii) Appraised Value. |

---

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 12 <br>

TORY 2026-HGTS<br> Recalculation Methodology EXHIBIT B

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp;**Recalculation Methodology** |
| &nbsp;&nbsp;132 | &nbsp;&nbsp;Whole Loan Maturity Date As-Is LTV | &nbsp;&nbsp;Quotient of (i) Maturity Date Whole Loan Balance and (ii) Appraised Value. |
| &nbsp;&nbsp;135 | &nbsp;&nbsp;Space Pct 1 | &nbsp;&nbsp;Quotient of (i) SF1 and (ii) Units. |
| &nbsp;&nbsp;139 | &nbsp;&nbsp;Space Pct 2 | &nbsp;&nbsp;Quotient of (i) SF2 and (ii) Units. |
| &nbsp;&nbsp;143 | &nbsp;&nbsp;Space Pct 3 | &nbsp;&nbsp;Quotient of (i) SF3 and (ii) Units. |
| &nbsp;&nbsp;147 | &nbsp;&nbsp;Space Pct 4 | &nbsp;&nbsp;Quotient of (i) SF4 and (ii) Units. |
| &nbsp;&nbsp;151 | &nbsp;&nbsp;Space Pct 5 | &nbsp;&nbsp;Quotient of (i) SF5 and (ii) Units. |
| &nbsp;&nbsp;155 | &nbsp;&nbsp;Servicing Fee Rate | &nbsp;&nbsp;Sum of (i) Primary Servicer Fee Rate and (ii) Master Servicer Fee Rate. |
| &nbsp;&nbsp;159 | &nbsp;&nbsp;Total Admin Fee Rate | &nbsp;&nbsp;Sum of (i) Servicing Fee Rate, (ii) Trustee/Cert Admin Fee Rate, (iii) Operating Advisor Fee, and (iv) CREFC Fee Rate. |
| &nbsp;&nbsp;160 | &nbsp;&nbsp;Net Mortgage Rate | &nbsp;&nbsp;Difference between (i) Assumed Whole Loan Interest Rate and (ii) Total Admin Fee Rate. |

---

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 13 <br>

## Ex-2

**Exhibit 2** 

---

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

---

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

J.P. Morgan Chase Commercial Mortgage Securities Corp. (the "Depositor")

JPMorgan Chase Bank, National Association ("JPMCB")

German American Capital Corporation

Goldman Sachs Mortgage Company

Goldman Sachs & Co. LLC

Goldman Sachs Bank USA

(collectively, the "Specified Parties")

---

| | |
|:---|:---|
| **Re:** | **TORY Commercial Mortgage Trust 2026-HGTS (the "Issuing Entity")<br> Commercial Mortgage Pass-Through Certificates, Series 2026-HGTS (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 Loan (as defined herein) contained on the Underwriting File, Underwritten Rent Roll and ASR (all as defined herein) (collectively, the "Subject Matter") relating to the Issuing Entity's securitization transaction as of 30 December 2025. 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, JPMCB, on behalf of the Depositor, provided us with:

a. An electronic data file (the "Borrower Operating Statement Data File") prepared by the Mortgage Loan borrower(s)
containing revenue and expense information relating to the October 2025 trailing twelve month period (the "Historical Period")
for the Collateral Property (as defined herein) that secures the Mortgage Loan,

b. The borrower budget (the "Borrower Budget") prepared by the Mortgage Loan borrower(s) for the Collateral Property that
secures the Mortgage Loan,

c. The most recent electronic borrower rent roll file (the "Borrower Rent Roll File") for the Collateral Property that secures
the Mortgage Loan,

d. The lease agreements (the "Leases") relating to the commercial tenant(s) at the Collateral Property that secures the Mortgage
Loan,

e. An asset summary report (the "ASR"),

f. An underwritten rent roll (the "Underwritten Rent Roll") for the Collateral Property that secures the Mortgage Loan,

---

| | |
|:---|:---|
| ![](eylogo2.jpg) | Page 2 of 3 |

---

g. An electronic underwriting file (the "Underwriting File") prepared by JPMCB containing:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. The revenue and expense information for the Historical Period 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 that secures the Mortgage Loan,

h. Instructions, assumptions and methodologies (the "Underwriting Instructions and Adjustments") used to prepare the information
on the ASR, Underwritten Rent Roll and/or Underwriting File, which were included as footnotes to the Underwriting File and/or were separately
provided in e-mail or other written correspondence from JPMCB and

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

For the purpose of the procedures described in this report, the Borrower Operating Statement Data File, Borrower Budget, Borrower Rent Roll File and Leases are hereinafter collectively referred to as the "Source Document(s)."

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 Document(s), ASR, Underwritten Rent Roll, Underwriting File, Underwriting Instructions and Adjustments 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 ASR, Underwritten Rent Roll or Underwriting File. We have not verified, and we make no representation as to, the appropriateness, accuracy, completeness or reasonableness of the Source Document(s), ASR, Underwriting Instructions and Adjustments or any other information provided to us, or that we were instructed to obtain, as applicable, by JPMCB, 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 the ASR to any information contained in any other Source Document or the ASR, except as described in Attachment A. Accordingly, we make no representation and express no opinion or conclusion as to: (a) the existence of the Mortgage Loan, (b) the ability of any Mortgage Loan borrower(s) to repay the Mortgage Loan, (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 JPMCB, 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.

---

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

---

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 Loan,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Whether the originator(s) of the Mortgage Loan 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 Loan 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 procedures 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

30 December 2025

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| | |
|:---|:---|
| ![](eylogo2.jpg) | **Attachment A**<br> Page 1 of 2 |

---

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

For the purpose of the procedures described in this report, the Depositor indicated that the assets of the Issuing Entity will consist primarily of a fixed rate commercial mortgage loan (the "Mortgage Loan") secured primarily by a commercial property (the "Collateral Property").

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

*Operating Statement Comparison and Recalculation Procedures*

1. Using the applicable Source Document(s) listed on the AUP Findings Schedule (as defined herein) and the Underwriting Instructions
and Adjustments (as applicable), we compared, or recalculated and compared, the:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Effective gross revenue or total revenues,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Total expenses and

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

for the Historical Period that is shown in the applicable Source Document(s) to the corresponding information on the Underwriting File. We provided JPMCB 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 File from the comparison
of the information that is shown on the Underwriting File and

&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 applicable Source Document(s),
which is also below $10,000.

*Supporting Expense Comparison and Recalculation Procedures*

 

2. Using the applicable Source Document(s) listed on the AUP Findings Schedule and the Underwriting Instructions and Adjustments (as
applicable), we compared, or recalculated and compared, the tax expense and insurance expense amounts for the Underwritten Period, as
shown in the applicable Source Document(s), to the corresponding information on the Underwriting File. We provided JPMCB 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 applicable Source Document(s) exceeded a -5% and -$10,000 variance from the corresponding amounts on the Underwriting File that were not explained in the Underwriting Instructions and Adjustments.

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

---

*Lease Expiration and Termination Comparison Procedures*

3. Using the applicable Source Document(s) listed on the AUP Findings Schedule (as defined herein) and the Underwriting Instructions
and Adjustments (as applicable), we compared:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. 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 that secures the Mortgage Loan and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. The lease early termination options for the ten largest commercial tenants (by underwritten base rent revenue as shown on the Underwritten
Rent Roll) at the Collateral Property that secures the Mortgage Loan,

all as shown in the applicable Source Document(s), 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 JPMCB 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 procedure, the Depositor instructed us to use a materiality threshold of +/- 90 days.

 

*Underwritten Cashflow Comparison and Recalculation Procedures*

4. Using:

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

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

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

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

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

for the Mortgage Loan, we recalculated and compared the underwritten revenue and expense line items on the Underwriting File. We provided JPMCB 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 for each underwritten revenue and expense line item of +/- 3%, calculated as a percentage of the value as shown on the Underwriting File, which is also below $25,000.

5. Subsequent to the performance of the procedures described in the preceding Items, JPMCB, on behalf of the Depositor, provided us with
an updated ASR, Underwritten Rent Roll and Underwriting File for the Mortgage Loan, which included updated Underwriting Instructions and
Adjustments. As instructed by the Depositor, we compared the results of the recalculations or comparisons for the Mortgage Loan that are
described in the preceding Items to the corresponding information on the updated ASR, Underwritten Rent Roll or Underwriting File. All
such compared information was in agreement. Attached as Exhibit 1 to Attachment A is a schedule for the Mortgage Loan (the "AUP
Findings Schedule"), which contains the primary Source Document(s) for the Mortgage Loan that were used to perform the procedures
described in the preceding Items above and the results of the comparison procedures described in the preceding two sentences of this Item.

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|:---|:---|
| ![](eylogo2.jpg) | **Exhibit 1 to Attachment A**<br>|

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**<u>AUP Findings Schedule</u>**

**TORY Commercial Mortgage Trust 2026-HGTS**

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| | | | |
|:---|:---|:---|:---|
| The following items refer to the procedures described in Attachment A: | The following items 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 | Compare, or recalculate and compare, the (i) effective gross revenue or total revenues, (ii) total expenses and (iii) net operating income or net cash flow information shown in the Source Document(s) listed (as applicable) for the Historical Period to the corresponding information on the Underwriting File. Identify any variance above a 3% and $10,000 threshold. | Borrower Operating Statement Data File and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | Compare, or recalculate and compare, the tax expense and insurance expense amounts shown in the Source Document(s) listed (as applicable) to the corresponding amounts for the Underwritten Period on the Underwriting File. Identify any variance that exceeds a -5% and -$10,000 threshold. | Borrower Budget | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 3 | Compare the lease expiration date (only for the tenants (ordered by underwritten base rent revenue of each tenant) that comprise 80% of the aggregate underwritten base rent revenue) with a maximum of ten tenants and lease early termination options (for the top ten 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 early 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 |  |  |
| 4 | Using the information on the Underwriting File, Source Document(s), ASR, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate the underwritten revenue and expense line items that are shown on the Underwriting File. Identify any variance above a 3% and $25,000 threshold. | Underwriting File, Source Document(s), ASR, Underwritten Rent Roll and Underwriting Instructions and Adjustments | No Exceptions Noted |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

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