# EDGAR Filing Document

**Accession Number:** 0001861132
**File Stem:** 0001539497-25-003244
**Filing Date:** 2025-12
**Character Count:** 242126
**Document Hash:** d4a0b1282a52dffa288baf1bb17f996d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001539497-25-003244.hdr.sgml**: 20251210

**ACCESSION NUMBER**: 0001539497-25-003244

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

**PUBLIC DOCUMENT COUNT**: 5

**CONFORMED PERIOD OF REPORT**: 20251210

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

**FILED AS OF DATE**: 20251210

**DATE AS OF CHANGE**: 20251210

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: Y

**ABS ASSET CLASS**: Commercial mortgages

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BMO Commercial Mortgage Securities LLC
- **CENTRAL INDEX KEY:** 0001861132
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 862713125
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-05650
- **FILM NUMBER:** 251562688

**BUSINESS ADDRESS:**
- **STREET 1:** 151 WEST 42ND STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 2128854000

**MAIL ADDRESS:**
- **STREET 1:** 151 WEST 42ND STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BMO Commercial Mortgage Securities LLC
- **CENTRAL INDEX KEY:** 0001861132
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 862713125
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 333-280224

**BUSINESS ADDRESS:**
- **STREET 1:** 151 WEST 42ND STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 2128854000

**MAIL ADDRESS:**
- **STREET 1:** 151 WEST 42ND STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BMO Commercial Mortgage Securities LLC
- **CENTRAL INDEX KEY:** 0001861132
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 862713125
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-05650

**BUSINESS ADDRESS:**
- **STREET 1:** 151 WEST 42ND STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 2128854000

**MAIL ADDRESS:**
- **STREET 1:** 151 WEST 42ND STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
**ISSUING ENTITY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BMO 2025-5C13 Mortgage Trust
- **CENTRAL INDEX KEY:** 0002061933
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 151 WEST 42ND STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 2128854000

**MAIL ADDRESS:**
- **STREET 1:** 151 WEST 42ND STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM ABS-l5G**

**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:<br>

___ 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) [_]<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) [_]

 <u>X</u> Rule 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2)

Central Index Key Number of depositor: 0001861132

BMO 2025-5C13 Mortgage Trust<br> (Exact name of issuing entity as specified in its charter)

Central Index Key Number of issuing entity: 0002061933<br> Central Index Key Number of underwriter: Not applicable

Paul Vanderslice, BMO Commercial Mortgage Securities LLC, (212) 885-4000

Name and telephone number, including area code, of the person to contact in connection with this filing<br>

**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.**

See the agreed-upon procedures report, dated December 10, 2025, of Deloitte & Touche LLP, obtained by the depositor, which report sets forth the findings and conclusions, as applicable, of Deloitte & Touche LLP with respect to certain agreed-upon procedures performed by Deloitte & Touche LLP, attached as Exhibit 99.1 to this Form ABS-15G.

See the underwriting information comparison agreed-upon procedures report, dated December 10, 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, attached as Exhibit 99.2 to this Form ABS-15G.

**Item 2.02 Findings and Conclusions of a Third Party Due Diligence Report Obtained by the Underwriter.**

Not Applicable

**Exhibits.**

99.1 Agreed-upon procedures report, dated December 10, 2025, of Deloitte & Touche LLP.

99.2 Underwriting information comparison agreed-upon procedures report, dated December 10, 2025, of 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.

Date: December 10, 2025

BMO Commercial Mortgage Securities LLC

(Depositor)

<u>/s/ Paul Vanderslice</u> 

Name: Paul Vanderslice<br> Title: Chief Executive Officer

*BMO 2025-5C13 – Form ABS-15G*

**EXHIBIT INDEX**

---

| | |
|:---|:---|
| Exhibit Number | Description |
| Exhibit 99.1 | Agreed-upon procedures report, dated December 10, 2025, of Deloitte & Touche LLP. |
| Exhibit 99.2 | Underwriting information comparison agreed-upon procedures report, dated December 10, 2025, of Ernst & Young LLP. |

---

## Exhibit 99.1

**Exhibit 99.1**

---

| | |
|:---|:---|
| ![](deloitte.jpg) |  |
|  | **Deloitte & Touche LLP** |
|  | 3 Second Street<br> Suite 301 |
|  | Harborside Plaza 10 |
|  | Jersey City, NJ 07302 |
|  | USA |
|  | Tel: +1 212 937 8202 |
|  | www.deloitte.com |

---

&nbsp;&nbsp; Bank of Montreal<br> BMO Commercial Mortgage Securities LLC<br> BMO Capital Markets Corp.<br> c/o BMO Capital Markets Corp.<br> 151 West 42<sup>nd</sup> Street<br> New York, New York 10036<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 BMO 2025-5C13 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2025-5C13. Bank of Montreal, acting through its Chicago branch (hereinafter, "Bank of Montreal"), BMO Commercial Mortgage Securities LLC and BMO Capital Markets Corp. (collectively, the **"Company"**) are 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, 3650 Capital SCF LOE I(A), LLC, Zions Bancorporation, N.A., Deutsche Bank Securities Inc., Greystone Commercial Mortgage Capital LLC, Citigroup Global Markets Inc., Citi Real Estate Funding Inc., BSPRT CMBS Finance, LLC, Societe Generale Financial Corporation, SG Americas Securities, LLC, Natixis Real Estate Capital LLC, Natixis Securities Americas LLC, Academy Securities, Inc., Drexel Hamilton, LLC, Bancroft Capital, LLC, and Mischler Financial Group, Inc. (collectively, 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."

---

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

---

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

On December 10, 2025, representatives of the Company provided us with a computer generated mortgage loan data file and related record layout (the **"Data File"**) containing (i) 11 mortgage loans contributed by Bank of Montreal (**"BMO"**) that are secured by 11 mortgaged properties (the **"BMO Loans"**), (ii) 8 mortgage loans contributed by 3650 Real Estate Investment Trust 2 LLC (**"3650 REIT"**) that are secured by 8 mortgaged properties (the **"3650 REIT Loans"**), (iii) 4 mortgage loans contributed by Zions Bancorporation, N.A. (**"ZBNA"**) that are secured by 10 mortgaged properties (the **"ZBNA Loans"**), (iv) 3 mortgage loans contributed by Greystone Commercial Mortgage Capital LLC (**"GCMC"**) that are secured by 3 mortgaged properties (the **"GCMC Loans"**), (v) 1 mortgage loan contributed by Citi Real Estate Funding Inc. (**"CREFI"**) that is secured by 1 mortgaged property (the **"CREFI Loan"**), (vi) 1mortgage loan contributed by BSPRT CMBS Finance, LLC (**"BSP"**) that is secured by 1 mortgaged property (the **"BSPRT Loan"**), (vii) 1 mortgage loan contributed by Societe Generale Financial Corporation (**"SGFC"**) that is secured by 1 mortgaged property (the **"SGFC Loan"**) and (viii) 1 mortgage loan contributed by Natixis Real Estate Capital LLC (**"Natixis"**) that is secured by 1 mortgaged property (the **"Natixis Loan"**). Together, BMO, 3650 REIT, ZBNA, GCMC, CREFI, BSPRT, SGFC and Natixis are referred to herein as the **"Mortgage Loan Sellers"** and the BMO Loans, 3650 REIT Loans, ZBNA Loans, GCMC Loans, CREFI Loan, BSPRT Loan, SGFC Loan and Natixis Loan are referred to herein as the **"Mortgage Loans."**

From October 8, 2025 through December 10, 2025, 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. At the instruction of the applicable Mortgage Loan Seller, on behalf of the Company, we did not perform any procedures with respect to the Characteristics for the related Mortgage Loan indicated on the attached Appendix B (the **"Unverifiable Characteristics"**).

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

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

December 10, 2025

**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, as and if applicable (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, mortgage, deed of trusts, draft amendment to loan agreement or reserve agreements (collectively, the **"Loan Agreement"**);

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

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

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

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

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

Property management agreements and hotel franchise agreements (collectively, the **"Management Agreement"**);

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

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

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

Master lease agreements (the **"Master Lease Agreement"**);

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

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

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

The flood zone determination reports (the **"Flood Zone Determination Reports"**);

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"**);

Novogradac Opportunity Zones Mapping Tool screenshots (the **"Qualified Opportunity Zone Screenshots"**);

EDGAR ABS XML technical specification (Version 3.2) document dated March 2025 (the "**EDGAR ABS XML Technical Specification Document**");

Bloomberg screenprints or Trepp reports related to prior securitizations (collectively, **"Prior Securitization Support"**); and

Promissory note splitters, draft promissory note splitters or note splitter schedule Excel workbook (collectively, the **"Promissory Note Splitter"**).

\*\*\*\*\*

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| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;% of deal | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;% of Loan Balance | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan/Prop. | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;No. of Props | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Seller | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Originator | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;AL_Originator | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Property Name | &nbsp;&nbsp;Identification Purposes Only - Not Applicable |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Property Address | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;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;County | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Property Type | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Property Type Code | &nbsp;&nbsp;Appraisal Report/EDGAR ABS XML Technical Specification Document |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Property Subtype | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Total SF/Units | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Unit of Measure | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Net Rentable Square Feet Number | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Net Rentable Square Feet Securitization Number | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Units Beds Rooms Number | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Units Beds Rooms Securitization Number | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Year Built | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Year Renovated | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Environmental Report Type | &nbsp;&nbsp;Phase I Report |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Environmental Report Date | &nbsp;&nbsp;Phase I Report |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Phase II Recommended | &nbsp;&nbsp;Phase I Report |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Phase II Performed | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Phase II Report Date | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Engineering Report Date | &nbsp;&nbsp;Engineering Report |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Seismic Report Date | &nbsp;&nbsp;Seismic Report |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Seismic Zone | &nbsp;&nbsp;Seismic Report |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;PML (%) | &nbsp;&nbsp;Seismic Report |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Flood Zone | &nbsp;&nbsp;Flood Zone Determination Reports/Engineering Report |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Environmental Insurance | &nbsp;&nbsp;Insurance Certificate |

---

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| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Earthquake Insurance | &nbsp;&nbsp;Insurance Certificate |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Blanket Insurance Policy (Y/N) | &nbsp;&nbsp;Insurance Certificate |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;Closing Statement/ASR |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Appraised Value | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Appraisal Value Type (As Is / As Stabilized / As Complete) | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Appraised CapRate (%) | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Appraisal Date | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;As-is Appraised Value | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;As-is Date of Valuation | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;46 | &nbsp;&nbsp;Appraiser Designation | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;47 | &nbsp;&nbsp;Appraisal FIRREA (Y/N) | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;48 | &nbsp;&nbsp;Pari Passu Split (Y/N) | &nbsp;&nbsp;Loan Agreement/Promissory Note Splitter |
| &nbsp;&nbsp;49 | &nbsp;&nbsp;Pari Passu Note Control (Y/N) | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;50 | &nbsp;&nbsp;Original Balance Pari Passu (Non-Trust) | &nbsp;&nbsp;Loan Agreement/Promissory Note Splitter |
| &nbsp;&nbsp;51 | &nbsp;&nbsp;Cut-off Date Balance Pari Passu (Trust) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;52 | &nbsp;&nbsp;Cut-off Date Balance Pari Passu (Non-Trust) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;53 | &nbsp;&nbsp;Aggregate Original Balance Pari Passu (Trust+Non-Trust) | &nbsp;&nbsp;Loan Agreement/Promissory Note Splitter |
| &nbsp;&nbsp;54 | &nbsp;&nbsp;Aggregate Cut-off Date Balance Pari Passu (Trust+Non-Trust) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;55 | &nbsp;&nbsp;Aggregate Maturity Date Balance Pari Passu (Trust+Non-Trust) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;56 | &nbsp;&nbsp;Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;57 | &nbsp;&nbsp;Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;58 | &nbsp;&nbsp;Aggregate Pari Passu Annual Debt Service | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;59 | &nbsp;&nbsp;Addit Debt Permitted (Y/N) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;60 | &nbsp;&nbsp;Type of Addit Debt Permitted | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;61 | &nbsp;&nbsp;Addit Debt Exist (Y/N) | &nbsp;&nbsp;Subordinate Loan Document/Subordinate Unsecured Loan Document/Mezzanine Loan Document/Promissory Note Splitter |
| &nbsp;&nbsp;62 | &nbsp;&nbsp;Additional Debt Type(s) | &nbsp;&nbsp;Subordinate Loan Document/Subordinate Unsecured Loan Document/Mezzanine Loan Document/Promissory Note Splitter |
| &nbsp;&nbsp;63 | &nbsp;&nbsp;Subordinate Companion Loan Original Balance ($) | &nbsp;&nbsp;Subordinate Loan Document/Subordinate Unsecured Loan Document/Mezzanine Loan Document/Promissory Note Splitter |

---

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| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;64 | &nbsp;&nbsp;Subordinate Companion Loan Cut-off Date Balance ($) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;65 | &nbsp;&nbsp;Subordinate Debt Balloon Balance | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;66 | &nbsp;&nbsp;Subordinate Companion Loan Interest Rate | &nbsp;&nbsp;Subordinate Loan Document/Subordinate Unsecured Loan Document/Mezzanine Loan Document/Promissory Note Splitter |
| &nbsp;&nbsp;67 | &nbsp;&nbsp;Subordinate Debt Loan Annual Payment | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;68 | &nbsp;&nbsp;Whole Loan Original Balance ($) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;69 | &nbsp;&nbsp;Whole Loan Cut-off Date Balance ($) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;70 | &nbsp;&nbsp;Whole Loan Maturity Date Balance ($) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;71 | &nbsp;&nbsp;Whole Loan Interest Rate | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;72 | &nbsp;&nbsp;Whole Loan Monthly Debt Service ($) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;73 | &nbsp;&nbsp;Whole Loan Cut-off Date LTV Ratio (%) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;74 | &nbsp;&nbsp;Whole Loan Underwritten NCF DSCR (x) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;75 | &nbsp;&nbsp;Whole Loan Underwritten NOI Debt Yield (%) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;76 | &nbsp;&nbsp;Mezzanine Debt Original Balance($) | &nbsp;&nbsp;Mezzanine Loan Document |
| &nbsp;&nbsp;77 | &nbsp;&nbsp;Mezzanine Debt Cut-off Date Balance($) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;78 | &nbsp;&nbsp;Mezzanine Debt Balloon Balance | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;79 | &nbsp;&nbsp;Mezzanine Debt Interest Rate (%) | &nbsp;&nbsp;Mezzanine Loan Document |
| &nbsp;&nbsp;80 | &nbsp;&nbsp;Mezzanine Monthly Debt Service | &nbsp;&nbsp;Mezzanine Loan Document |
| &nbsp;&nbsp;81 | &nbsp;&nbsp;Total Original Debt Balance (Pari + B-note + Mezz) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;82 | &nbsp;&nbsp;Total Cut-off Date Debt Balance (Pari + B-note + Mezz) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;83 | &nbsp;&nbsp;Total Debt Maturity Balance (Pari + B-note + Mezz) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;84 | &nbsp;&nbsp;Total Debt (Mortgage + B-Note + Mezz) Annual Debt Service | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;85 | &nbsp;&nbsp;Total Debt (Mortgage + B-Note + Mezz) Monthly Debt Service | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;86 | &nbsp;&nbsp;Total Debt Cut-off Date LTV Ratio (%) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;87 | &nbsp;&nbsp;Total Debt Underwritten NCF DSCR (x) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;88 | &nbsp;&nbsp;Total Debt Underwritten NOI Debt Yield (%) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;89 | &nbsp;&nbsp;Original Balance | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;90 | &nbsp;&nbsp;Original Loan/Unit | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;91 | &nbsp;&nbsp;Cutoff Balance | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;92 | &nbsp;&nbsp;Cutoff Balance/Unit | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;93 | &nbsp;&nbsp;Maturity Balance | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;94 | &nbsp;&nbsp;Maturity Balance per Unit | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;95 | &nbsp;&nbsp;Interest Rate (%) | &nbsp;&nbsp;Loan Agreement |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;96 | &nbsp;&nbsp;Original Interest Rate Type Code | &nbsp;&nbsp;Loan Agreement/EDGAR ABS XML Technical Specification Document |
| &nbsp;&nbsp;97 | &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;98 | &nbsp;&nbsp;Payment Type Code | &nbsp;&nbsp;Loan Agreement/EDGAR ABS XML Technical Specification Document |
| &nbsp;&nbsp;99 | &nbsp;&nbsp;Payment Frequency Code | &nbsp;&nbsp;Loan Agreement/EDGAR ABS XML Technical Specification Document |
| &nbsp;&nbsp;100 | &nbsp;&nbsp;Accrual Type | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;101 | &nbsp;&nbsp;Interest Accrual Method Code | &nbsp;&nbsp;Loan Agreement/EDGAR ABS XML Technical Specification Document |
| &nbsp;&nbsp;102 | &nbsp;&nbsp;Annual Debt Service (P&I) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;103 | &nbsp;&nbsp;Annual Debt Service (IO) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;104 | &nbsp;&nbsp;Monthly Debt Service (P&I) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;105 | &nbsp;&nbsp;Monthly Debt Service (IO) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;106 | &nbsp;&nbsp;I/O Period | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;107 | &nbsp;&nbsp;Rem. I/O Period | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;108 | &nbsp;&nbsp;Term | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;109 | &nbsp;&nbsp;Rem. Term | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;110 | &nbsp;&nbsp;Amort. Term | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;111 | &nbsp;&nbsp;Rem. Amort. | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;112 | &nbsp;&nbsp;Seasoning | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;113 | &nbsp;&nbsp;CutOff Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;114 | &nbsp;&nbsp;Payment Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;115 | &nbsp;&nbsp;Grace Period (Late Payment) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;116 | &nbsp;&nbsp;Grace Period (Default) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;117 | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;118 | &nbsp;&nbsp;First Payment Date<sup>1</sup> | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;119 | &nbsp;&nbsp;First P&I Payment Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;120 | &nbsp;&nbsp;ARD (Y/N) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;121 | &nbsp;&nbsp;Maturity/ARD Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;122 | &nbsp;&nbsp;Final Mat Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;123 | &nbsp;&nbsp;ARD Step Up (%) | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;124 | &nbsp;&nbsp;Post-ARD Hyper Am? (Yes/No) | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;125 | &nbsp;&nbsp;Partial IO Last IO Payment | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;126 | &nbsp;&nbsp;Call Protection Description | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;127 | &nbsp;&nbsp;Lockout End Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;128 | &nbsp;&nbsp;Defeasance Allowed | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;129 | &nbsp;&nbsp;Defeasance Summary | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;130 | &nbsp;&nbsp;Prepayment / Defeasance Begin Date | &nbsp;&nbsp;Loan Agreement |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;131 | &nbsp;&nbsp;Prepayment / Defeasance End Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;132 | &nbsp;&nbsp;Yield Maint. Allowed | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;133 | &nbsp;&nbsp;Yield Maint. Provision | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;134 | &nbsp;&nbsp;Yield Maintenance Index | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;135 | &nbsp;&nbsp;Yield Maintenance Discount | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;136 | &nbsp;&nbsp;Yield Maintenance Margin | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;137 | &nbsp;&nbsp;Yield Maintenance Calculation Method | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;138 | &nbsp;&nbsp;Original Lockout | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;139 | &nbsp;&nbsp;Prepayment Lockout/Defeasance End Date (AL) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;140 | &nbsp;&nbsp;Lockout Remaining | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;141 | &nbsp;&nbsp;Defeasance Option Start Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;142 | &nbsp;&nbsp;Remaining Defeasance Payments | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;143 | &nbsp;&nbsp;Prepayment Premiums End Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;144 | &nbsp;&nbsp;Yield Maint. End Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;145 | &nbsp;&nbsp;Remaining Yield Maintenance Payments | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;146 | &nbsp;&nbsp;Defeased Status Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;147 | &nbsp;&nbsp;Open Payments | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;148 | &nbsp;&nbsp;Original String<sup>1</sup> | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;149 | &nbsp;&nbsp;Open Period Begin Date | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;150 | &nbsp;&nbsp;Partial Release Permitted (Y/N) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;151 | &nbsp;&nbsp;Partial Release Provisions | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;152 | &nbsp;&nbsp;Current Occupancy | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;153 | &nbsp;&nbsp;Current Occupancy Date | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;154 | &nbsp;&nbsp;Most Recent Occupancy<sup>1</sup> | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;155 | &nbsp;&nbsp;Most Recent Occupancy Date<sup>1</sup> | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;156 | &nbsp;&nbsp;Second Most Recent Occupancy<sup>1</sup> | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;157 | &nbsp;&nbsp;Second Most Recent Occupancy Date<sup>1</sup> | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;158 | &nbsp;&nbsp;Third Most Recent Occupancy<sup>1</sup> | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;159 | &nbsp;&nbsp;Third Most Recent Occupancy Date<sup>1</sup> | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;160 | &nbsp;&nbsp;Fourth Most Recent Revenues | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;161 | &nbsp;&nbsp;Fourth Most Recent Total Expenses | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;162 | &nbsp;&nbsp;Fourth Most Recent NOI | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;163 | &nbsp;&nbsp;Fourth Most Recent NOI Date | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;164 | &nbsp;&nbsp;Fourth Most Recent Description | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;165 | &nbsp;&nbsp;Third Most Recent Revenues | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;166 | &nbsp;&nbsp;Third Most Recent Total Expenses | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;167 | &nbsp;&nbsp;Third Most Recent NOI | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;168 | &nbsp;&nbsp;Third Most Recent NOI Date | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;169 | &nbsp;&nbsp;Third Most Recent Description | &nbsp;&nbsp;Underwritten Financial Summary Report |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;170 | &nbsp;&nbsp;Second Most Recent Revenues | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;171 | &nbsp;&nbsp;Second Most Recent Total Expenses | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;172 | &nbsp;&nbsp;Second Most Recent NOI | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;173 | &nbsp;&nbsp;Second Most Recent NOI Date | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;174 | &nbsp;&nbsp;Second Most Recent Description | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;175 | &nbsp;&nbsp;Most Recent Revenues | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;176 | &nbsp;&nbsp;Most Recent Expenses | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;177 | &nbsp;&nbsp;Most Recent NOI | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;178 | &nbsp;&nbsp;Most Recent Net Cash Flow Amount | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;179 | &nbsp;&nbsp;Most Recent NOI Date | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;180 | &nbsp;&nbsp;Most Recent NOI Description | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;181 | &nbsp;&nbsp;Most Recent Financials Start Date | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;182 | &nbsp;&nbsp;UW Revenues | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;183 | &nbsp;&nbsp;UW Total Expenses | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;184 | &nbsp;&nbsp;UW NOI | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;185 | &nbsp;&nbsp;Underwritten Replacement / FF&E Reserve ($) | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;186 | &nbsp;&nbsp;Underwritten TI / LC ($) | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;187 | &nbsp;&nbsp;UW NCF | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;188 | &nbsp;&nbsp;U/W Economic Occupancy | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;189 | &nbsp;&nbsp;Cutoff LTV (%) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;190 | &nbsp;&nbsp;Maturity LTV (%) | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;191 | &nbsp;&nbsp;UW NOI DSCR | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;192 | &nbsp;&nbsp;UW NCF DSCR | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;193 | &nbsp;&nbsp;Underwritten NOI Debt Yield | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;194 | &nbsp;&nbsp;Underwritten NCF Debt Yield | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;195 | &nbsp;&nbsp;Total Debt NOI DSCR | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;196 | &nbsp;&nbsp;Total Debt NCF DY | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;197 | &nbsp;&nbsp;Total Debt MAT_LTV | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;198 | &nbsp;&nbsp;Total Debt Per Unit | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;199 | &nbsp;&nbsp;Loan Structure Code | &nbsp;&nbsp;Loan Agreement/EDGAR ABS XML Technical Specification Document |
| &nbsp;&nbsp;200 | &nbsp;&nbsp;Single Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;201 | &nbsp;&nbsp;Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;202 | &nbsp;&nbsp;AL_Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;203 | &nbsp;&nbsp;Unit Size | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;204 | &nbsp;&nbsp;Largest Tenant % of NRA | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;205 | &nbsp;&nbsp;Lease Expiration | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;206 | &nbsp;&nbsp;2nd Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;207 | &nbsp;&nbsp;AL_Second Largest Tenant | &nbsp;&nbsp;Rent Roll |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;208 | &nbsp;&nbsp;2nd Largest Tenant Unit Size | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;209 | &nbsp;&nbsp;2nd Largest Tenant % of NRA | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;210 | &nbsp;&nbsp;2nd Largest Tenant Lease Expiration | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;211 | &nbsp;&nbsp;3rd Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;212 | &nbsp;&nbsp;AL_Third Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;213 | &nbsp;&nbsp;3rd Largest Tenant Unit Size | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;214 | &nbsp;&nbsp;3rd Largest Tenant % of NRA | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;215 | &nbsp;&nbsp;3rd Largest Tenant Lease Expiration | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;216 | &nbsp;&nbsp;4th Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;217 | &nbsp;&nbsp;4th Largest Tenant Unit Size | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;218 | &nbsp;&nbsp;4th Largest Tenant % of NRA | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;219 | &nbsp;&nbsp;4th Largest Tenant Lease Expiration | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;220 | &nbsp;&nbsp;5th Largest Tenant | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;221 | &nbsp;&nbsp;5th Largest Tenant Unit Size | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;222 | &nbsp;&nbsp;5th Largest Tenant % of NRA | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;223 | &nbsp;&nbsp;5th Largest Tenant Lease Expiration | &nbsp;&nbsp;Rent Roll |
| &nbsp;&nbsp;224 | &nbsp;&nbsp;Master Lease (Y/N) | &nbsp;&nbsp;Loan Agreement/Master Lease Agreement |
| &nbsp;&nbsp;225 | &nbsp;&nbsp;Master Lease Details | &nbsp;&nbsp;Loan Agreement/Master Lease Agreement |
| &nbsp;&nbsp;226 | &nbsp;&nbsp;Title Type | &nbsp;&nbsp;Title Policy |
| &nbsp;&nbsp;227 | &nbsp;&nbsp;Lien Position Securitization Code | &nbsp;&nbsp;Loan Agreement/EDGAR ABS XML Technical Specification Document |
| &nbsp;&nbsp;228 | &nbsp;&nbsp;Ground Lease Expiration | &nbsp;&nbsp;Not Applicable |
| &nbsp;&nbsp;229 | &nbsp;&nbsp;Ground Lease Extension Options | &nbsp;&nbsp;Not Applicable |
| &nbsp;&nbsp;230 | &nbsp;&nbsp;Ground Lease Fully Extended Expiration | &nbsp;&nbsp;Not Applicable |
| &nbsp;&nbsp;231 | &nbsp;&nbsp;Annual Ground Lease Payment | &nbsp;&nbsp;Not Applicable |
| &nbsp;&nbsp;232 | &nbsp;&nbsp;Annual Ground Rent Increases (Y/N) | &nbsp;&nbsp;Not Applicable |
| &nbsp;&nbsp;233 | &nbsp;&nbsp;Due on Sale | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;234 | &nbsp;&nbsp;Due on Encumbrance | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;235 | &nbsp;&nbsp;Crossed Loan | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;236 | &nbsp;&nbsp;Related Borrower | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;237 | &nbsp;&nbsp;Borrower Name | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;238 | &nbsp;&nbsp;Single Purpose Entity (Yes/No) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;239 | &nbsp;&nbsp;Recycled SPE (Yes/No) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;240 | &nbsp;&nbsp;SPE State | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;241 | &nbsp;&nbsp;Non Consolidation Opinion (Yes/No) | &nbsp;&nbsp;Non-Consolidation Opinion |
| &nbsp;&nbsp;242 | &nbsp;&nbsp;Number of Independent Directors | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;243 | &nbsp;&nbsp;TIC Borrower? (Yes/No) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;244 | &nbsp;&nbsp;Delaware LLC or LP? (Yes/No) | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;245 | &nbsp;&nbsp;Delaware Statutory Trust? (Yes/No) | &nbsp;&nbsp;Loan Agreement |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;246 | &nbsp;&nbsp;Tenant-in-Common | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;247 | &nbsp;&nbsp;Property Located Within a Qualified Opportunity Zone (Y/N) | &nbsp;&nbsp;Appraisal Report/Qualified Opportunity Zone Screenshots |
| &nbsp;&nbsp;248 | &nbsp;&nbsp;Sponsor | &nbsp;&nbsp;Loan Agreement/ASR |
| &nbsp;&nbsp;249 | &nbsp;&nbsp;Carve-out Guarantor | &nbsp;&nbsp;Guaranty/Loan Agreement |
| &nbsp;&nbsp;250 | &nbsp;&nbsp;Warm Body Guarantor (Yes/No) | &nbsp;&nbsp;Guaranty/Loan Agreement |
| &nbsp;&nbsp;251 | &nbsp;&nbsp;Property Manager | &nbsp;&nbsp;Management Agreement |
| &nbsp;&nbsp;252 | &nbsp;&nbsp;Hotel Franchise Flag | &nbsp;&nbsp;Management Agreement |
| &nbsp;&nbsp;253 | &nbsp;&nbsp;Franchise Agreement Expiration | &nbsp;&nbsp;Management Agreement |
| &nbsp;&nbsp;254 | &nbsp;&nbsp;Lockbox (Y/N) | &nbsp;&nbsp;Cash Management Agreement/Loan Agreement |
| &nbsp;&nbsp;255 | &nbsp;&nbsp;Lockbox In-place | &nbsp;&nbsp;Cash Management Agreement/Loan Agreement |
| &nbsp;&nbsp;256 | &nbsp;&nbsp;Lockbox Type | &nbsp;&nbsp;Cash Management Agreement/Loan Agreement |
| &nbsp;&nbsp;257 | &nbsp;&nbsp;Cash Management | &nbsp;&nbsp;Cash Management Agreement/Loan Agreement |
| &nbsp;&nbsp;258 | &nbsp;&nbsp;Lockbox Trigger | &nbsp;&nbsp;Cash Management Agreement/Loan Agreement |
| &nbsp;&nbsp;259 | &nbsp;&nbsp;Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | &nbsp;&nbsp;Cash Management Agreement/Loan Agreement |
| &nbsp;&nbsp;260 | &nbsp;&nbsp;Tenant Specific Excess Cash Trap Trigger (Y/N) | &nbsp;&nbsp;Cash Management Agreement/Loan Agreement |
| &nbsp;&nbsp;261 | &nbsp;&nbsp;Subservicer In Place (Y/N) | &nbsp;&nbsp;Servicer Records |
| &nbsp;&nbsp;262 | &nbsp;&nbsp;Subservicer Name | &nbsp;&nbsp;Servicer Records |
| &nbsp;&nbsp;263 | &nbsp;&nbsp;Subservicer Fee | &nbsp;&nbsp;Servicer Records |
| &nbsp;&nbsp;264 | &nbsp;&nbsp;Cash/Pmt Collection Function | &nbsp;&nbsp;Servicer Records |
| &nbsp;&nbsp;265 | &nbsp;&nbsp;Upfront CapEx Reserve | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;266 | &nbsp;&nbsp;Monthly Capex Reserve | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;267 | &nbsp;&nbsp;Capex Escrow Cash or LOC | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;268 | &nbsp;&nbsp;CapEx Reserve Cap | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;269 | &nbsp;&nbsp;Interest on CapEx Reserve Goes to: | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;270 | &nbsp;&nbsp;Upfront Eng. Reserve | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;271 | &nbsp;&nbsp;Interest on Eng. Escrow Goes to: | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;272 | &nbsp;&nbsp;Upfront Envir. Reserve | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;273 | &nbsp;&nbsp;Monthly Envir. Reserve | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;274 | &nbsp;&nbsp;Envir. Escrow Cash or LOC | &nbsp;&nbsp;Not Applicable |
| &nbsp;&nbsp;275 | &nbsp;&nbsp;Envir. Reserve Cap | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;276 | &nbsp;&nbsp;Interest on Envir. Reserve Goes to: | &nbsp;&nbsp;Loan Agreement |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;277 | &nbsp;&nbsp;Upfront TI/LC Reserve | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;278 | &nbsp;&nbsp;Monthly TI/LC Reserve | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;279 | &nbsp;&nbsp;TI/LC Reserve Cash or LOC | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;280 | &nbsp;&nbsp;TI/LC Reserve Cap | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;281 | &nbsp;&nbsp;Interest on TI/LC Reserve Goes to: | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;282 | &nbsp;&nbsp;Upfront RE Tax Reserve | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;283 | &nbsp;&nbsp;Monthly RE Tax Reserve | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;284 | &nbsp;&nbsp;RE Tax Escrow Cash or LOC | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;285 | &nbsp;&nbsp;RE Tax Reserve Cap | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;286 | &nbsp;&nbsp;Interest on Tax Reserve Goes to: | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;287 | &nbsp;&nbsp;Upfront Ins. Reserve | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;288 | &nbsp;&nbsp;Monthly Ins. Reserve | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;289 | &nbsp;&nbsp;Insurance Escrow Cash or LOC | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;290 | &nbsp;&nbsp;Insur. Reserve Cap | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;291 | &nbsp;&nbsp;Interest on Insurance Reserve Goes to: | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;292 | &nbsp;&nbsp;Upfront Debt Service Reserve | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;293 | &nbsp;&nbsp;Monthly Debt Service Reserve | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;294 | &nbsp;&nbsp;Debt Service Reserve Cash or LOC | &nbsp;&nbsp; Not Applicable |
| &nbsp;&nbsp;295 | &nbsp;&nbsp;Debt Service Reserve Cap | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;296 | &nbsp;&nbsp;Interest on Debt Service Reserve Goes to: | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;297 | &nbsp;&nbsp;Upfront Other Reserve | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;298 | &nbsp;&nbsp;Monthly Other Reserve | &nbsp;&nbsp;Closing Statement/Loan Agreement |
| &nbsp;&nbsp;299 | &nbsp;&nbsp;Other Reserve Description | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;300 | &nbsp;&nbsp;Other Reserve Cash or LOC | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;301 | &nbsp;&nbsp;Other Reserve Cap | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;302 | &nbsp;&nbsp;Interest on Other Reserve Goes to: | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;303 | &nbsp;&nbsp;Holdback | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;304 | &nbsp;&nbsp;Holdback Amt | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;305 | &nbsp;&nbsp;Holdback Desc. | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;306 | &nbsp;&nbsp;Letter of Credit | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;307 | &nbsp;&nbsp;Description of LOC | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;308 | &nbsp;&nbsp;Counterparty of LOCs | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;309 | &nbsp;&nbsp;Third Most Recent Hotel Occupancy | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;310 | &nbsp;&nbsp;Third Most Recent Hotel ADR | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;311 | &nbsp;&nbsp;Third Most Recent Hotel RevPAR | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;312 | &nbsp;&nbsp;Second Most Recent Hotel Occupancy | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;313 | &nbsp;&nbsp;Second Most Recent Hotel ADR | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;314 | &nbsp;&nbsp;Second Most Recent Hotel RevPAR | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;315 | &nbsp;&nbsp;Most Recent Occupancy % (Hotel Only) | &nbsp;&nbsp;Underwritten Financial Summary Report |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;316 | &nbsp;&nbsp;Most Recent ADR | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;317 | &nbsp;&nbsp;Most Recent RevPAR | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;318 | &nbsp;&nbsp;UW Occupancy % | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;319 | &nbsp;&nbsp;UW ADR | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;320 | &nbsp;&nbsp;UW RevPAR | &nbsp;&nbsp;Underwritten Financial Summary Report |
| &nbsp;&nbsp;321 | &nbsp;&nbsp;Mortgage Assumable? | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;322 | &nbsp;&nbsp;Assumption Fee | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;323 | &nbsp;&nbsp;Condominium Present? | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;324 | &nbsp;&nbsp;Previous Securitization | &nbsp;&nbsp;Prior Securitization Support |
| &nbsp;&nbsp;325 | &nbsp;&nbsp;Master Servicing Fee Rate | &nbsp;&nbsp;Servicer Records |
| &nbsp;&nbsp;326 | &nbsp;&nbsp;Primary Servicing Fee Rate | &nbsp;&nbsp;Servicer Records |
| &nbsp;&nbsp;327 | &nbsp;&nbsp;Certificate Administrator Fee | &nbsp;&nbsp;Servicer Records |
| &nbsp;&nbsp;328 | &nbsp;&nbsp;Trustee & Paying Agent Fee | &nbsp;&nbsp;Servicer Records |
| &nbsp;&nbsp;329 | &nbsp;&nbsp;Operating Advisor Fee | &nbsp;&nbsp;Servicer Records |
| &nbsp;&nbsp;330 | &nbsp;&nbsp;ARR Fee | &nbsp;&nbsp;Servicer Records |
| &nbsp;&nbsp;331 | &nbsp;&nbsp;CREFC Fee | &nbsp;&nbsp;Servicer Records |
| &nbsp;&nbsp;332 | &nbsp;&nbsp;Servicer Fee | &nbsp;&nbsp;Servicer Records |
| &nbsp;&nbsp;333 | &nbsp;&nbsp;Admin. Fee | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;334 | &nbsp;&nbsp;Net Mortgage Interest Rate | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;335 | &nbsp;&nbsp;Sources: Loan Amount ($)<sup>2</sup> | &nbsp;&nbsp;Closing Statement |
| &nbsp;&nbsp;336 | &nbsp;&nbsp;Sources: Principal's New Cash Contribution ($)<sup>2</sup> | &nbsp;&nbsp;Closing Statement |
| &nbsp;&nbsp;337 | &nbsp;&nbsp;Sources: Subordinate Debt ($)<sup>2</sup> | &nbsp;&nbsp;Closing Statement |
| &nbsp;&nbsp;338 | &nbsp;&nbsp;Sources: Other Sources ($)<sup>2</sup> | &nbsp;&nbsp;Closing Statement |
| &nbsp;&nbsp;339 | &nbsp;&nbsp;Sources: Total Sources ($)<sup>2</sup> | &nbsp;&nbsp;Closing Statement |
| &nbsp;&nbsp;340 | &nbsp;&nbsp;Uses: Loan Payoff ($)<sup>2</sup> | &nbsp;&nbsp;Closing Statement |
| &nbsp;&nbsp;341 | &nbsp;&nbsp;Uses: Purchase Price ($)<sup>2</sup> | &nbsp;&nbsp;Closing Statement |
| &nbsp;&nbsp;342 | &nbsp;&nbsp;Uses: Closing Costs ($)<sup>2</sup> | &nbsp;&nbsp;Closing Statement |
| &nbsp;&nbsp;343 | &nbsp;&nbsp;Uses: Reserves ($)<sup>2</sup> | &nbsp;&nbsp;Closing Statement |
| &nbsp;&nbsp;344 | &nbsp;&nbsp;Uses: Principal Equity Distribution ($)<sup>2</sup> | &nbsp;&nbsp;Closing Statement |
| &nbsp;&nbsp;345 | &nbsp;&nbsp;Uses: Other Uses ($)<sup>2</sup> | &nbsp;&nbsp;Closing Statement |
| &nbsp;&nbsp;346 | &nbsp;&nbsp;Uses: Total Uses ($)<sup>2</sup> | &nbsp;&nbsp;Closing Statement |
| &nbsp;&nbsp;347 | &nbsp;&nbsp;Asset Subject Demand Indicator | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;348 | &nbsp;&nbsp;Asset Subject Demand Status Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;349 | &nbsp;&nbsp;Repurchase Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;350 | &nbsp;&nbsp;Demand Resolution Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;351 | &nbsp;&nbsp;Repurchaser Name | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;352 | &nbsp;&nbsp;Repurchase Replacement Reason Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;353 | &nbsp;&nbsp;Realized Loss To Trust Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;354 | &nbsp;&nbsp;Liquidation Prepayment Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |

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| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;355 | &nbsp;&nbsp;Liquidation Prepayment Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;356 | &nbsp;&nbsp;Prepayment Premium Yield Maintenance Received Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;357 | &nbsp;&nbsp;Workout Strategy Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;358 | &nbsp;&nbsp;Most Recent Special Servicer Transfer Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;359 | &nbsp;&nbsp;Most Recent Master Servicer Return Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;360 | &nbsp;&nbsp;Next Interest Rate Percentage | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;361 | &nbsp;&nbsp;Next Interest Rate Change Adjustment Date | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;362 | &nbsp;&nbsp;Next Payment Adjustment Date | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;363 | &nbsp;&nbsp;Arm Index Rate Percentage | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;364 | &nbsp;&nbsp;Asset Type Number | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;365 | &nbsp;&nbsp;Group ID | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;366 | &nbsp;&nbsp;Servicing Advance Method Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;367 | &nbsp;&nbsp;Non Recoverability Indicator | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;368 | &nbsp;&nbsp;Asset Added Indicator | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;369 | &nbsp;&nbsp;Debt Service Coverage Securitization Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;370 | &nbsp;&nbsp;Most Recent Debt Service Coverage Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;371 | &nbsp;&nbsp;Property Status Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;372 | &nbsp;&nbsp;Underwriting Indicator | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;373 | &nbsp;&nbsp;Modified Indicator | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;374 | &nbsp;&nbsp;Report Period Modification Indicator | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;375 | &nbsp;&nbsp;Other Interest Adjustment Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;376 | &nbsp;&nbsp;Unscheduled Principal Collected Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;377 | &nbsp;&nbsp;Other Principal Adjustment Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;378 | &nbsp;&nbsp;Total Principal Interest Advanced Outstanding Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;379 | &nbsp;&nbsp;Total Taxes Insurance Advances Outstanding Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;380 | &nbsp;&nbsp;Other Expenses Advanced Outstanding Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;381 | &nbsp;&nbsp;Payment Status Loan Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;382 | &nbsp;&nbsp;Primary Servicer Name | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;383 | &nbsp;&nbsp;Last Modification Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;384 | &nbsp;&nbsp;Modification Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;385 | &nbsp;&nbsp;Post Modification Interest Percentage | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;386 | &nbsp;&nbsp;Post Modification Payment Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;387 | &nbsp;&nbsp;Post Modification Maturity Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;388 | &nbsp;&nbsp;Post Modification Amortization Period Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;389 | &nbsp;&nbsp;Most Recent Valuation Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;390 | &nbsp;&nbsp;Most Recent Valuation Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |

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| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;391 | &nbsp;&nbsp;Most Recent Valuation Source Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;392 | &nbsp;&nbsp;Valuation Source Securitization Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;393 | &nbsp;&nbsp;Interest Only Indicator | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;394 | &nbsp;&nbsp;Balloon Indicator | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;395 | &nbsp;&nbsp;Prepayment Premium Indicator | &nbsp;&nbsp;Loan Agreement |
| &nbsp;&nbsp;396 | &nbsp;&nbsp;Negative Amortization Indicator | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;397 | &nbsp;&nbsp;Arm Index Code | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;398 | &nbsp;&nbsp;First Rate Adjustment Date | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;399 | &nbsp;&nbsp;First Payment Adjustment Date | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;400 | &nbsp;&nbsp;ARM Margin Number | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;401 | &nbsp;&nbsp;Lifetime Rate Cap Percentage | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;402 | &nbsp;&nbsp;Lifetime Rate Floor Percentage | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;403 | &nbsp;&nbsp;Periodic Rate Increase Limit Percentage | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;404 | &nbsp;&nbsp;Periodic Rate Decrease Limit Percentage | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;405 | &nbsp;&nbsp;Periodic Payment Adjustment Maximum Amount | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;406 | &nbsp;&nbsp;Periodic Payment Adjustment Maximum Percent | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;407 | &nbsp;&nbsp;Rate Reset Frequency Code | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;408 | &nbsp;&nbsp;Payment Reset Frequency Code | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;409 | &nbsp;&nbsp;Index Lookback Days Number | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;410 | &nbsp;&nbsp;Maximum Negative Amortization Allowed Percentage | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;411 | &nbsp;&nbsp;Maximum Negative Amortization Allowed Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;412 | &nbsp;&nbsp;Negative Amortization Deferred Interest Cap Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;413 | &nbsp;&nbsp;Deferred Interest Cumulative Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;414 | &nbsp;&nbsp;Deferred Interest Collected Amount | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;415 | &nbsp;&nbsp;Hyper Amortizing Date | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;416 | &nbsp;&nbsp;Reporting Period Beginning Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;417 | &nbsp;&nbsp;Reporting Period End Date | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;418 | &nbsp;&nbsp;Report Period Beginning Schedule Loan Balance Amount | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;419 | &nbsp;&nbsp;Scheduled Interest Amount | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;420 | &nbsp;&nbsp;Scheduled Principal Amount | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;421 | &nbsp;&nbsp;Periodic Principal and Interest Payment Securitization Amount | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;422 | &nbsp;&nbsp;Most Recent Debt Service Amount | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;423 | &nbsp;&nbsp;Total Scheduled Principal Interest Due Amount | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;424 | &nbsp;&nbsp;Most Recent Debt Service Coverage Net Operating Income Percentage | &nbsp;&nbsp;Not applicable |

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| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Characteristic** | &nbsp;&nbsp;**Source Document** |
| &nbsp;&nbsp;425 | &nbsp;&nbsp;Most Recent Debt Service Coverage Net Cash Flow Percentage | &nbsp;&nbsp;Not applicable |
| &nbsp;&nbsp;426 | &nbsp;&nbsp;Report Period Interest Rate Percentage | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;427 | &nbsp;&nbsp;Report Period End Actual Balance Amount | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;428 | &nbsp;&nbsp;Report Period End Scheduled Loan Balance Amount | &nbsp;&nbsp;Refer to calculation procedures |
| &nbsp;&nbsp;429 | &nbsp;&nbsp;Net Operating Income Net Cash Flow Securitization Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |
| &nbsp;&nbsp;430 | &nbsp;&nbsp;Net Operating Income Net Cash Flow Code | &nbsp;&nbsp;None - Mortgage Loan Seller Provided |

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<sup>1</sup> With respect to the Mortgage Loan identified on the Data File as "Marriott Ann Arbor Ypsilanti," for purposes of our comparison, we were instructed by representatives of the Company to (i) assume a First Payment Date of January 1, 2026 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 Cutoff Balance) identified on the Data File.

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

With respect to Characteristic 2, we recomputed the % of deal by dividing the (i) Cutoff Balance by (ii) sum of each of the Mortgage Loans' Cutoff Balance.

With respect to Characteristic 3, for those Mortgage Loans indicated on the Data File as (i) secured by more than one property, we recomputed the % of Loan Balance by dividing the (a) Cutoff Balance of each mortgaged property of the related Mortgage Loan by (b) Cutoff Balance of the related Mortgage Loan or (ii) secured by one property, the % of Loan Balance was set equal to 100%.

With respect to Characteristic 51, we set the Cut-off Date Balance Pari Passu (Trust) equal to the Cutoff Balance. This procedure was performed only for those Mortgage Loans that are pari passu.

With respect to Characteristic 52, we recomputed the Cut-off Date Balance Pari Passu (Non-Trust) using the Original Balance Pari Passu (Non-Trust), Interest Rate (%), Accrual Type, First Payment Date, First P&I Payment Date, Term, Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) and the CutOff Date. This procedure was performed only for those Mortgage Loans that are pari passu.

With respect to Characteristic 54, we recomputed the Aggregate Cut-Off Date Balance Pari Passu (Trust+Non-Trust) as the sum of the (i) Cut-off Date Balance Pari Passu (Trust) and (ii) Cut-off Date Balance Pari Passu (Non-Trust). This procedure was performed only for those Mortgage Loans that are pari passu.

With respect to Characteristic 55, we recomputed the Aggregate Maturity Date Balance Pari Passu (Trust+Non-Trust) using the Aggregate Original Balance Pari Passu (Trust+Non-Trust), Interest Rate (%), Accrual Type, First Payment Date, First P&I Payment Date, Term, Maturity/ARD Date and Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service. This procedure was performed only for those Mortgage Loans that are pari passu.

With respect to Characteristic 56, we recomputed the Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) by subtracting the (i) Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) from (ii) either the (a) Monthly Debt Service (IO) for interest-only Mortgage Loans, or (b) Monthly Debt Service (P&I) for amortizing and partial interest-only Mortgage Loans. This procedure was performed only for those Mortgage Loans that are pari passu.

With respect to Characteristic 58, we recomputed the Aggregate Pari Passu Annual Debt Service by multiplying (i) the Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) by (ii) twelve. This procedure was performed only for those Mortgage Loans that are pari passu.

With respect to Characteristic 64, we recomputed the Subordinate Companion Loan Cut-off Date Balance ($) using the subordinate companion loan first payment date, subordinate companion loan term, subordinate companion loan monthly debt service, subordinate companion loan IO term and subordinate companion loan interest accrual method (each as set forth on or derived from the

Subordinate Loan Documents), Subordinate Companion Loan Original Balance ($), Subordinate Companion Loan Interest Rate and the Cutoff Date. This procedure was performed only for those Mortgage Loans with subordinate mortgage debt, if any. With respect to partial interest-only subordinate companion loans determined to be non-amortizing as of the CutOff Date and full term interest-only subordinate companion loans (if any), the Subordinate Companion Loan Cut-off Date Balance ($) was set to equal the Subordinate Companion Loan Original Balance ($).

With respect to Characteristic 65, we recomputed the Subordinate Debt Balloon Balance using the subordinate companion loan first payment date, subordinate companion loan term, subordinate companion loan monthly debt service, subordinate companion loan IO term, subordinate companion loan interest accrual method and subordinate companion loan maturity date (each as set forth on or derived from the Subordinate Loan Documents), Subordinate Companion Loan Original Balance ($) and the Subordinate Companion Loan Interest Rate. This procedure was performed only for those Mortgage Loans with subordinate mortgage debt, if any. With respect to full term interest-only subordinate companion loans (if any), the Subordinate Debt Balloon Balance was set to equal the Subordinate Companion Loan Original Balance ($).

With respect to Characteristic 67, we recomputed the Subordinate Debt Loan Annual Payment by multiplying the (i) subordinate companion loan monthly debt service (as set forth on or derived from the Subordinate Loan Documents) by (ii) twelve. This procedure was performed only for those Mortgage Loans with subordinate mortgage debt, if any.

With respect to Characteristic 68, we recomputed the Whole Loan Original Balance ($) as the sum of the (i) Original Balance, (ii) Original Balance Pari Passu (Non-Trust) and (iii) Subordinate Companion Loan Original Balance ($), as applicable. This procedure was performed only for those Mortgage Loans that are pari passu or have subordinate mortgage debt.

With respect to Characteristic 69, we recomputed the Whole Loan Cut-off Date Balance ($) as the sum of the (i) Cutoff Balance, (ii) Cut-off Date Balance Pari Passu (Non-Trust) and (iii) Subordinate Companion Loan Cut-off Date Balance ($), as applicable. This procedure was performed only for those Mortgage Loans that are pari passu or have subordinate mortgage debt.

With respect to Characteristic 70, we recomputed the Whole Loan Maturity Date Balance ($) as the sum of the (i) Aggregate Maturity Date Balance Pari Passu (Trust+Non-Trust) and (ii) Subordinate Debt Balloon Balance, as applicable. This procedure was performed only for those Mortgage Loans that are pari passu or have subordinate mortgage debt.

With respect to Characteristic 71, we recomputed the Whole Loan Interest Rate as the weighted average of the (i) Interest Rate (%) and (ii) Subordinate Companion Loan Interest Rate. This procedure was performed only for those Mortgage Loans that are pari passu or have subordinate mortgage debt.

With respect to Characteristic 72, 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 companion loan monthly debt service (as set forth on or derived from the Subordinate

Loan Documents). With respect to any Mortgage Loan that is pari passu, 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 that are pari passu or have subordinate mortgage debt.

With respect to Characteristic 73, we recomputed the Whole Loan Cut-off Date LTV Ratio (%) by dividing the (i) Whole Loan Cut-off Date Balance ($) by (ii) Appraised Value. This procedure was performed only for those Mortgage Loans that are pari passu or have subordinate mortgage debt.

With respect to Characteristic 74, we recomputed the Whole Loan Underwritten NCF DSCR (x) by dividing the (i) UW NCF by (ii) the product of (a) the Whole Loan Monthly Debt Service ($) and (b) twelve. This procedure was performed only for those Mortgage Loans that are pari passu or have subordinate mortgage debt.

With respect to Characteristic 75, we recomputed the Whole Loan Underwritten NOI Debt Yield (%) by dividing the (i) UW NOI by (ii) Whole Loan Cut-off Date Balance ($). This procedure was performed only for those Mortgage Loans that are pari passu or have subordinate mortgage debt.

With respect to Characteristic 77, we recomputed the Mezzanine Debt Cut-off Date Balance($) using the mezzanine debt term, mezzanine debt IO term, mezzanine debt first payment date and mezzanine debt interest accrual method (as set forth on or derived from the Mezzanine Loan Documents), Mezzanine Debt Original Balance($), Mezzanine Debt Interest Rate (%), Mezzanine Monthly Debt Service and the CutOff Date. This procedure was performed only for those Mortgage Loans with mezzanine debt.

With respect to Characteristic 78, we recomputed the Mezzanine Debt Balloon Balance using the mezzanine debt term, mezzanine debt IO term, mezzanine debt first payment date, mezzanine debt interest accrual method and mezzanine debt maturity date (each as set forth on or derived from the Mezzanine Loan Documents), Mezzanine Debt Original Balance($), Mezzanine Debt Interest Rate (%) and Mezzanine Monthly Debt Service. This procedure was performed only for those Mortgage Loans with mezzanine debt.

With respect to Characteristic 81, we recomputed the Total Original Debt Balance (Pari + B-note + Mezz) as the sum of the (i) Mezzanine Debt Original Balance and (ii) (a) Whole Loan Original Balance ($) for those Mortgage Loans that are pari passu or have subordinate mortgage debt or (b) Original Balance. This procedure was performed only for those Mortgage Loans with mezzanine debt.

With respect to Characteristic 82, we recomputed the Total Cut-off Date Debt Balance (Pari + B-note + Mezz) as the sum of the (i) Mezzanine Debt Cut-off Date Balance($) and (ii) (a) Whole Loan Cut-off Date Balance ($) for those Mortgage Loans that are pari passu or have subordinate mortgage debt or (b) Cutoff Balance. This procedure was performed only for those Mortgage Loans with mezzanine debt.

With respect to Characteristic 83, we recomputed the Total Debt Maturity Balance (Pari + B-note + Mezz) as the sum of the (i) Mezzanine Debt Balloon Balance and (ii) (a) Whole Loan Maturity Date Balance ($) for those Mortgage Loans that are pari passu or have subordinate mortgage debt or (b) Maturity Balance. This procedure was performed only for those Mortgage Loans with mezzanine debt.

With respect to Characteristic 84, we recomputed the Total Debt (Mortgage + B-Note + Mezz) Annual Debt Service as the product of (i) the Total Debt (Mortgage + B-Note + Mezz) Monthly Debt Service and (ii) twelve. This procedure was performed only for those Mortgage Loans with mezzanine debt.

With respect to Characteristic 85, we recomputed the Total Debt (Mortgage + B-Note + Mezz) 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 companion loan monthly debt service (as set forth on or derived from the Subordinate Loan Documents) and (iii) Mezzanine Monthly Debt Service. With respect to any Mortgage Loan that is pari passu, 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 with mezzanine debt.

With respect to Characteristic 86, we recomputed the Total Debt Cut-off Date LTV Ratio (%) by dividing the (i) Total Cut-off Date Debt Balance (Pari + B-note + Mezz) by (ii) Appraised Value. This procedure was performed only for those Mortgage Loans with mezzanine debt.

With respect to Characteristic 87, we recomputed the Total Debt Underwritten NCF DSCR (x) by dividing the (i) UW NCF by (ii) Total Debt (Mortgage + B-Note + Mezz) Annual Debt Service. This procedure was performed only for those Mortgage Loans with mezzanine debt.

With respect to Characteristic 88, we recomputed the Total Debt Underwritten NOI Debt Yield (%) dividing the (i) UW NOI by (ii) Total Cut-off Date Debt Balance (Pari + B-note + Mezz). This procedure was performed only for those Mortgage Loans with mezzanine debt.

With respect to Characteristic 90, we recomputed the Original Loan/Unit by dividing the (i) Original Balance by (ii) Total SF/Units. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the Total SF/Units for each mortgaged property of the related Mortgage Loan. With respect to any Mortgage Loan that is pari passu, the procedure is calculated inclusive of the original 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 91, we recomputed the Cutoff Balance using the Original Balance, Interest Rate (%), Accrual Type, First Payment Date, First P&I Payment Date, Term, Monthly Debt Service (P&I) and the CutOff Date. With respect to partial interest-only Mortgage Loans

determined to be non-amortizing as of the CutOff Date and full term interest-only Mortgage Loans (if any), the Cutoff Balance was set to equal the Original Balance.

With respect to Characteristic 92, we recomputed the Cutoff Balance/Unit by dividing the (i) Cutoff Balance by (ii) Total SF/Units. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the Total SF/Units for each mortgaged property of the related Mortgage Loan. With respect to any Mortgage Loan that is pari passu, the procedure is calculated inclusive of the Cutoff 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 93, we recomputed the Maturity Balance using the Original Balance, Interest Rate (%), Accrual Type, First Payment Date, First P&I Payment Date, Term, Monthly Debt Service (P&I) and the Maturity/ARD Date. With respect to full term interest-only Mortgage Loans (if any), the Maturity Balance was set to equal the Original Balance.

With respect to Characteristic 94, we recomputed the Maturity Balance per Unit by dividing the (i) Maturity Balance by (ii) Total SF/Units. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the Total SF/Units for each mortgaged property of the related Mortgage Loan. With respect to any Mortgage Loan that is pari passu, the procedure is calculated inclusive of the Maturity 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 102, we recomputed the Annual Debt Service (P&I) by multiplying (i) the 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 103. 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 105, we recomputed the Monthly Debt Service (IO) by dividing (i) the product of (a) the Cutoff Balance, (b) the Interest Rate (%) and (c) for those Mortgage Loans whose Accrual Type 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 106, we recomputed the I/O Period 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 partial and full term interest-only Mortgage Loans only (if applicable).

With respect to Characteristic 107, we recomputed the Rem. I/O Period by subtracting the (i) Seasoning from (ii) I/O Period (but to an amount not less than zero). This procedure was performed for partial and full term interest-only Mortgage Loans only (if applicable).

With respect to Characteristic 108, we recomputed the Term by determining the number of payment dates from and inclusive of the First Payment Date to and inclusive of the Maturity/ARD Date.

With respect to Characteristic 109, we recomputed the Rem. Term by subtracting the (i) Seasoning from (ii) Term.

With respect to Characteristic 110, we recomputed the Amort. Term using the Original Balance, Monthly Debt Service (P&I) and Interest Rate (%). This procedure was not performed for full term interest-only Mortgage Loans (if applicable).

With respect to Characteristic 111, we recomputed the Rem. Amort. by subtracting the (i) Seasoning from (ii) Amort. Term. With respect to partial interest-only, then amortizing Mortgage Loans, the procedure indicated herein reduces the Seasoning as of the CutOff Date by the I/O Period (but to an amount not less than zero). This procedure was not performed for full term interest-only Mortgage Loans (if applicable).

With respect to Characteristic 112, we recomputed the Seasoning by determining the number of payment dates from and inclusive of the First Payment Date to and inclusive of the CutOff Date.

With respect to Characteristic 189, we recomputed the Cutoff LTV (%) by dividing the (i) Cutoff 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 pari passu, the procedure is calculated inclusive of the Cutoff 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 190, we recomputed the Maturity LTV (%) by dividing the (i) Maturity 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 pari passu, the procedure is calculated inclusive of the Maturity 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 191, we recomputed the UW NOI DSCR by dividing the (i) UW 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 UW NOI for each mortgaged property of the related Mortgage Loan. With respect to any Mortgage Loan that is pari passu, 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 192, we recomputed the UW NCF DSCR by dividing the (i) UW 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 UW NCF for each mortgaged property of the related Mortgage Loan. With respect to any Mortgage Loan that is pari passu, 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 193, we recomputed the Underwritten NOI Debt Yield by dividing the (i) UW NOI by the (ii) Cutoff Balance. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the UW NOI for each mortgaged property of the related Mortgage Loan. With respect to any Mortgage Loan that is pari passu, the procedure is calculated inclusive of the Cutoff 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 194, we recomputed the Underwritten NCF Debt Yield by dividing the (i) UW NCF by the (ii) Cutoff Balance. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the UW NCF for each mortgaged property of the related Mortgage Loan. With respect to any Mortgage Loan that is pari passu, the procedure is calculated inclusive of the Cutoff 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 195, we recomputed the Total Debt NOI DSCR by dividing the (i) UW NOI by (ii) Total Debt (Mortgage + B-Note + Mezz) Annual Debt Service. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the UW NOI for each mortgaged property of the related Mortgage Loan. This procedure was performed only for those Mortgage Loans containing mezzanine debt, if any.

With respect to Characteristic 196, we recomputed the Total Debt NCF DY by dividing the (i) UW NCF by (ii) Total Cut-off Date Debt Balance (Pari + B-note + Mezz). With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the UW NCF for each mortgaged property of the related Mortgage Loan. This procedure was performed only for those Mortgage Loans containing mezzanine debt, if any.

With respect to Characteristic 197, we recomputed the Total Debt MAT_LTV by dividing the (i) Total Debt Maturity Balance (Pari + B-note + Mezz) 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 Value for each mortgaged property of the related Mortgage Loan. This procedure was performed only for those Mortgage Loans containing mezzanine debt, if any.

With respect to Characteristic 198, we recomputed the Total Debt Per Unit by dividing the (i) Total Original Debt Balance (Pari + B-note + Mezz) by (ii) Total SF/Units. With respect to those Mortgage Loans indicated on the Data File as secured by more than one property, the procedure herein sums the Total SF/Units for each mortgaged property of the related Mortgage Loan. This procedure was performed only for those Mortgage Loans containing mezzanine debt, if any.

With respect to Characteristic 204, we recomputed the Largest Tenant % of NRA by dividing the (i) Unit Size by (ii) Total SF/Units. This procedure was only performed for those Mortgage Loans with a Unit Size greater than zero.

With respect to Characteristic 209, we recomputed the 2<sup>nd</sup> Largest Tenant % of NRA by dividing the (i) 2<sup>nd</sup> Largest Tenant Unit Size by (ii) Total SF/Units. This procedure was only performed for those Mortgage Loans with a 2<sup>nd</sup> Largest Tenant Unit Size greater than zero.

With respect to Characteristic 214, we recomputed the 3<sup>rd</sup> Largest Tenant % of NRA by dividing the (i) 3<sup>rd</sup> Largest Tenant Unit Size by (ii) Total SF/Units. This procedure was only performed for those Mortgage Loans with a 3<sup>rd</sup> Largest Tenant Unit Size greater than zero.

With respect to Characteristic 218, we recomputed the 4<sup>th</sup> Largest Tenant % of NRA by dividing the (i) 4<sup>th</sup> Largest Tenant Unit Size by (ii) Total SF/Units. This procedure was only performed for those Mortgage Loans with a 4<sup>th</sup> Largest Tenant Unit Size greater than zero.

With respect to Characteristic 222, we recomputed the 5<sup>th</sup> Largest Tenant % of NRA by dividing the (i) 5<sup>th</sup> Largest Tenant Unit Size by (ii) Total SF/Units. This procedure was only performed for those Mortgage Loans with a 5<sup>th</sup> Largest Tenant Unit Size greater than zero.

With respect to Characteristic 333, we recomputed the Admin. Fee as the sum of the (i) Servicer Fee, (ii) CREFC Fee, (iii) ARR Fee, (iv) Operating Advisor Fee, (v) Trustee & Paying Agent Fee and (vi) Certificate Administrator Fee.

With respect to Characteristic 334, we recomputed the Net Mortgage Interest Rate by subtracting the Interest Rate (%) by the Admin. Fee.

With respect to Characteristic 418, we recomputed the Report Period Beginning Schedule Loan Balance Amount using the First P&I Payment Date, Monthly Debt Service (P&I), Original Balance, Accrual Type, Interest Rate (%) and the Payment Date in May 2025. With respect to partial interest-only Mortgage Loans determined to be non-amortizing as of May 2025 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 419, we recomputed the Scheduled Interest Amount as the product of (i) the Report Period Beginning Schedule Loan Balance Amount, (ii) the Interest Rate (%), (iii) the number of calendar days from and inclusive of the Payment Date in May 2025 to and exclusive of the CutOff Date (as stipulated by representatives of the Company) 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 420, 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 CutOff Date.

With respect to Characteristic 421, 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 423, 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 426, we set the Report Period Interest Rate Percentage equal to the Interest Rate (%).

With respect to Characteristic 427, we recomputed the Report Period End Actual Balance Amount using the First P&I Payment Date, Monthly Debt Service (P&I), Original Balance, Accrual Type, Interest Rate (%) and the CutOff Date. With respect to partial interest-only Mortgage Loans determined to be non-amortizing as of the CutOff 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 428, we set the Report Period End Scheduled Loan Balance Amount equal to the Report Period End Actual Balance Amount.

**Appendix B**

**Unverifiable Characteristics**

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|:---|:---|
| &nbsp;&nbsp;**Mortgaged Loan / Mortgaged Properties** | &nbsp;&nbsp;**Characteristic** |
| &nbsp;&nbsp;Springfield Town Center | &nbsp;&nbsp;Monthly TI/LC Reserve |

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## Exhibit 99.2

**Exhibit 99.2**

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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**

BMO Commercial Mortgage Securities LLC (the "Depositor")

Bank of Montreal ("BMO")

BMO Capital Markets Corp.

3650 Capital SCF LOE I(A), LLC ("3650 Capital")

3650 Real Estate Investment Trust 2 LLC

BSPRT CMBS Finance, LLC ("BSPRT")

Citi Real Estate Funding Inc. ("CREFI")

Citigroup Global Markets Inc.

Natixis Real Estate Capital LLC ("Natixis")

Societe Generale Financial Corporation ("SGFC")

SG Americas Securities, LLC

Zions Bancorporation, N.A. ("ZBNA")

Greystone Commercial Mortgage Capital LLC ("GCMC")

(collectively, the "Specified Parties")

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| | |
|:---|:---|
| **Re:** | **BMO 2025-5C13 Mortgage Trust (the "Issuing Entity")** |
|  | **Commercial Mortgage Pass-Through Certificates, Series 2025-5C13 (the "Certificates")** |

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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 10 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.

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|:---|:---|
| ![](eylogo2.jpg) | Page 2 of 5 |

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For the purpose of the procedures described in this report, BMO, 3650 Capital, BSPRT, CREFI, Natixis, SGFC, ZBNA and GCMC (collectively, the "Mortgage Loan Sellers"), on behalf of the Depositor, provided us with the following information, as applicable, for each Mortgage Loan:

a. Certain electronic data files (the "Borrower Operating Statement Data Files") prepared by the Mortgage Loan borrower(s) containing revenue, expense and net operating income 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 or Collateral Properties (both 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, expense and net operating income 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 ground rent abstracts or leases, if applicable (the "Ground Rent Documents"),

e. 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, expense and net cash flow information for the underwritten period (the "Underwritten Period")

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

f. Instructions, assumptions and methodologies (the "Underwriting Instructions and Adjustments") used by the applicable Mortgage Loan Seller to prepare the information on the Underwriting Files, ASRs, Underwritten Rent Rolls 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

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

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.

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|:---|:---|
| ![](eylogo2.jpg) | Page 3 of 5 |

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For the purpose of the procedures described in this report with respect to each Mortgage Loan with an original principal balance, as shown on the Mortgage Loan Schedule, equal to or greater than $10,000,000 (collectively, the "$10MM+ Mortgage Loans"), the Mortgage Loan Sellers, as applicable, on behalf of the Depositor, provided us with:

a. The most recent real estate tax bills (the "Tax Bills") for the Collateral Property or Collateral Properties that secure such $10MM+ Mortgage Loan,

b. The most recent insurance review files (the "Insurance Review Files") for the Collateral Property or Collateral Properties that secure such $10MM+ Mortgage Loan,

c. The asset summary report(s) (the "ASRs"),

d. The most recent electronic borrower rent roll files (the "Borrower Rent Roll Files") for the Collateral Property or Collateral Properties that secure such $10MM+ Mortgage Loan,

e. The lease agreements (the "Leases"), lease abstracts (the "Lease Abstracts") and/or lease estoppels (the "Estoppels," together with the Leases and Lease Abstracts, the "Lease Documents") relating to the commercial tenants at the Collateral Property or Collateral Properties that secure such $10MM+ Mortgage Loan and

f. The underwritten rent rolls (the "Underwritten Rent Rolls") for the Collateral Property or Collateral Properties that secure such $10MM+ Mortgage Loan.

For the purpose of the procedures described in this report with respect to each of the first twenty (20) Mortgage Loans shown on the Mortgage Loan Schedule (collectively, the "Top 20 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 20 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, Borrower Rent Roll Files, Lease Documents, Tenant Billing Schedules and Tax Assessor Websites are hereinafter collectively referred to as the "Source Documents."

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| ![](eylogo2.jpg) | Page 4 of 5 |

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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, Underwriting Files, Underwriting Instructions and Adjustments, Mortgage Loan Schedule, ASRs, Underwritten Rent Rolls 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 Underwriting Files, ASRs (as applicable) or Underwritten Rent Rolls. 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 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 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.

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.

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| ![](eylogo2.jpg) | Page 5 of 5 |

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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

10 December 2025

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|:---|:---|
| ![](eylogo2.jpg) | **Attachment A**<br> Page 1 of 6 |

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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 mortgage 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 the applicable Source Document(s) listed on the AUP Findings Schedules (as defined herein) and the Underwriting Instructions and Adjustments (as applicable) for each Mortgage Loan (as applicable), we compared, or recalculated and compared:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. The 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

for each Specified Period that is shown in the applicable Source Document(s) 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 +/- 5%, calculated as a percentage of the value as shown in the applicable Source Document(s), 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 Loans.

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|:---|:---|
| ![](eylogo2.jpg) | **Attachment A**<br> Page 2 of 6 |

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*Cashflow Reimbursement Comparison and Recalculation Procedures*

2. Using the applicable Source Document(s) listed on the AUP Findings Schedules and the Underwriting Instructions and Adjustments (as applicable) for each Top 20 Mortgage Loan (except for the "Vans" tenant shown on the Underwritten Rent Roll for the Mortgage Loan identified on the Mortgage Loan Schedule as "Imperial Valley Mall" (the "Imperial Valley Mall Mortgage Loan")) (as applicable), we compared, or recalculated and compared, the cash flow reimbursements for
the five largest tenants (ordered by underwritten cash flow reimbursements of each tenant from largest to smallest) (except for the Mortgage Loan identified on the Mortgage Loan Schedule as "Springfield Town Center" (the "Springfield Town Center Mortgage Loan") for which we compared, or recalculated and 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 20 Mortgage Loan, as shown in the applicable Source Document(s), 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:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Not perform the procedure described above for the "Vans" tenant shown on the Underwritten Rent Roll for the Imperial Valley Mall Mortgage Loan.

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|:---|:---|
| ![](eylogo2.jpg) | **Attachment A**<br> Page 3 of 6 |

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*Supporting Expense Comparison and Recalculation Procedures*

3. Using the applicable Source Document(s) listed on the AUP Findings Schedules and the Underwriting Instructions and Adjustments (as applicable) 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 applicable Source Document(s), 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 applicable Source Document(s), which is also below $10,000.

4. Using the applicable Source Document(s) listed on the AUP Findings Schedules and the Underwriting Instructions and Adjustments (as applicable) for each $10MM+ Mortgage Loan (as applicable), we compared, or recalculated and compared, the tax expense and insurance expense amounts for the Underwritten Period (as applicable), as shown in the applicable Source Document(s), 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 applicable Source Document(s) 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.

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|:---|:---|
| ![](eylogo2.jpg) | **Attachment A**<br> Page 4 of 6 |

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*Lease Expiration and Termination Comparison Procedures*

5. Using the applicable Source Document(s) listed on the AUP Findings Schedules and the Underwriting Instructions and Adjustments (as applicable) for the Collateral Property or Collateral Properties that secure each of the Top 20 Mortgage Loans (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 (with a maximum of ten tenants), as shown on the Underwritten Rent Roll, at the Collateral Property or Collateral Properties that secure such Top 20 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) at the Collateral Property or Collateral Properties that secure such Top 20 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 corresponding 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).

Using the applicable Source Document(s) listed on the AUP Findings Schedules and the Underwriting Instructions and Adjustments (as applicable) for the Collateral Property or Collateral Properties that secure each Mortgage Loan that is a $10MM+ Mortgage Loan but which is not a Top 20 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 $10MM+ Mortgage Loan, 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 corresponding 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.

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|:---|:---|
| ![](eylogo2.jpg) | **Attachment A**<br> Page 5 of 6 |

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*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 $10MM+ 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 or 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.

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 $10MM+ 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, expense and net cash flow line items on the Underwriting File (except for the "Base Rent" and "Rent Steps" line items shown on the Underwriting File for the Mortgage Loan identified on the Mortgage Loan Schedule as "Boise Towne Square" (the "Boise Towne Square Mortgage Loan") for which we recalculated base rents and rent steps only for the tenants (ordered, from largest to smallest, by underwritten base rent revenue of each tenant) that comprise 75% of the aggregate underwritten base rent revenue for occupied tenants, as shown on the Underwritten Rent Roll, and the "Base Rental Revenue" line item shown on the Underwriting File for the Springfield Town Center Mortgage Loan for which we recalculated base rental revenue only for the tenants (ordered, from largest to smallest, by underwritten base rent revenue of each tenant) that comprise 67% of the aggregate underwritten base rent revenue for occupied tenants, as 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 6 of 6 |

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*Underwritten Cashflow Comparison and Recalculation Procedures (continued)*

6. (continued)

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, expense and net cash flow 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 underwritten revenue or expense line item.

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 Underwriting Files, ASRs (as applicable) and Underwritten Rent Rolls (as applicable) 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 Underwriting Files, ASRs (as applicable) or Underwritten Rent Rolls (as applicable). All such compared information was in agreement. Attached as Exhibit 2 to Attachment A are schedules for each Mortgage Loan (collectively, the "AUP Findings Schedules"), which contain 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>**

---

| | |
|:---|:---|
| **<u>Mortgage Loan</u>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>Original Principal Balance</u>** |
| The Rockwell | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$54000000 |
| Boise Towne Square | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$54000000 |
| The Garrison | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$49975000 |
| 350 S Beverly (see Note 2) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$28000000 |
| 400 S Beverly (see Note 2) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15500000 |
| CityCenter (Aria & Vdara) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$40000000 |
| Springfield Town Center | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$29000000 |
| Lake Mead Crossing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$28000000 |
| Marriott Ann Arbor Ypsilanti | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$27500000 |
| Imperial Valley Mall | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$25000000 |
| 82 Washington Place | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$18750000 |
| 50 Danbury | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$16900000 |
| 38 East 32nd Street | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15100000 |
| Dunbar Apartments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15000000 |
| Woodcreek Apartments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14000000 |
| 814 Commerce | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13500000 |
| Glendale Plaza Shopping Center | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$13000000 |
| Wilson Crossing Townhomes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12120000 |
| Galaxy Parkway Industrial | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12000000 |
| 166 Elizabeth Street | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10860000 |
| Bayside Square | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10600000 |
| Southeastern Self-Storage Portfolio | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9250000 |
| 349 East 10th Street | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8600000 |
| Cornerstone Apartments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7600000 |
| 500 Delaware | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$7000000 |
| Cityline - Monument Storage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3850000 |
| Magnolia Flats Apartments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3600000 |
| CityLine - Hudson Storage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3500000 |
| CityLine - Kennett Storage | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3050000 |
| Cityline - Storage Sense Charleston | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2670000 |

---

**<u>Note(s)</u>:**

1. 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.

2. The Depositor indicated that these Mortgage Loans are cross-collateralized and cross-defaulted.

**Exhibit 2 to Attachment A**

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

---

| | | | |
|:---|:---|:---|:---|
| **The Rockwell** | **The Rockwell** | **The Rockwell** | **The Rockwell** |
| Mortgage Loan Seller: 3650 Capital | Mortgage Loan Seller: 3650 Capital | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $54,000,000 | Original Principal Balance: $54,000,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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. | Tenant Billing Schedule, Leases and Estoppels | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Tax Bills and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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, Lease Abstracts and Estoppels | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Boise Towne Square** | **Boise Towne Square** | **Boise Towne Square** | **Boise Towne Square** |
| Mortgage Loan Seller: BMO | Mortgage Loan Seller: BMO | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $54,000,000 | Original Principal Balance: $54,000,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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 | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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 and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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, Lease Abstracts and Borrower Rent Roll File | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **The Garrison** | **The Garrison** | **The Garrison** | **The Garrison** |
| Mortgage Loan Seller: ZBNA | Mortgage Loan Seller: ZBNA | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $49,975,000 | Original Principal Balance: $49,975,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files and Appraisal | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Appraisal and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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 $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **350 S Beverly** | **350 S Beverly** | **350 S Beverly** | **350 S Beverly** |
| Mortgage Loan Seller: 3650 Capital | Mortgage Loan Seller: 3650 Capital | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $28,000,000 | Original Principal Balance: $28,000,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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. | 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 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Tax Bills and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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 and Estoppels | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **400 S Beverly** | **400 S Beverly** | **400 S Beverly** | **400 S Beverly** |
| Mortgage Loan Seller: 3650 Capital | Mortgage Loan Seller: 3650 Capital | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $15,500,000 | Original Principal Balance: $15,500,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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 | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Tax Bills and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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 $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **CityCenter (Aria & Vdara)** | **CityCenter (Aria & Vdara)** | **CityCenter (Aria & Vdara)** | **CityCenter (Aria & Vdara)** |
| Mortgage Loan Seller: BMO | Mortgage Loan Seller: BMO | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $40,000,000 | Original Principal Balance: $40,000,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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 Operating Statement Data Files | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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 $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Springfield Town Center** | **Springfield Town Center** | **Springfield Town Center** | **Springfield Town Center** |
| Mortgage Loan Seller: 3650 Capital | Mortgage Loan Seller: 3650 Capital | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $29,000,000 | Original Principal Balance: $29,000,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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 | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense 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% and $10,000 threshold. | Ground Rent Documents, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
| 4 | For each $10MM+ Mortgage Loan, 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 and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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, Lease Abstracts and Estoppels | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Lake Mead Crossing** | **Lake Mead Crossing** | **Lake Mead Crossing** | **Lake Mead Crossing** |
| Mortgage Loan Seller: ZBNA | Mortgage Loan Seller: ZBNA | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $28,000,000 | Original Principal Balance: $28,000,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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. | Tenant Billing Schedule, 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 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Tax Bills, Appraisal and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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, Estoppels and Borrower Rent Roll File | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Marriott Ann Arbor Ypsilanti** | **Marriott Ann Arbor Ypsilanti** | **Marriott Ann Arbor Ypsilanti** | **Marriott Ann Arbor Ypsilanti** |
| Mortgage Loan Seller: BSPRT | Mortgage Loan Seller: BSPRT | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $27,500,000 | Original Principal Balance: $27,500,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Tax Assessor Website, Tax Bills and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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 $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Imperial Valley Mall** | **Imperial Valley Mall** | **Imperial Valley Mall** | **Imperial Valley Mall** |
| Mortgage Loan Seller: 3650 Capital | Mortgage Loan Seller: 3650 Capital | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $25,000,000 | Original Principal Balance: $25,000,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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, Lease Abstracts and Borrower Rent Roll File | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Appraisal and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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, Lease Abstracts, Estoppels and Borrower Rent Roll File | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **82 Washington Place** | **82 Washington Place** | **82 Washington Place** | **82 Washington Place** |
| Mortgage Loan Seller: BMO | Mortgage Loan Seller: BMO | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $18,750,000 | Original Principal Balance: $18,750,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files, Tax Bills, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Appraisal and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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 $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **50 Danbury** | **50 Danbury** | **50 Danbury** | **50 Danbury** |
| Mortgage Loan Seller: BMO | Mortgage Loan Seller: BMO | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $16,900,000 | Original Principal Balance: $16,900,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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, Lease Abstracts, Borrower Budget 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 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Tax Bills and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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, Lease Abstracts and Borrower Rent Roll File | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **38 East 32nd Street** | **38 East 32nd Street** | **38 East 32nd Street** | **38 East 32nd Street** |
| Mortgage Loan Seller: CREFI | Mortgage Loan Seller: CREFI | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $15,100,000 | Original Principal Balance: $15,100,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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. | Tenant Billing Schedule, Lease Abstracts 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 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Tax Bills and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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 $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Dunbar Apartments** | **Dunbar Apartments** | **Dunbar Apartments** | **Dunbar Apartments** |
| Mortgage Loan Seller: 3650 Capital | Mortgage Loan Seller: 3650 Capital | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $15,000,000 | Original Principal Balance: $15,000,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Tax Bills and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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, Lease Abstracts and Borrower Rent Roll File | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Woodcreek Apartments** | **Woodcreek Apartments** | **Woodcreek Apartments** | **Woodcreek Apartments** |
| Mortgage Loan Seller: GCMC | Mortgage Loan Seller: GCMC | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $14,000,000 | Original Principal Balance: $14,000,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Tax Bills and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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 $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **814 Commerce** | **814 Commerce** | **814 Commerce** | **814 Commerce** |
| Mortgage Loan Seller: BMO | Mortgage Loan Seller: BMO | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $13,500,000 | Original Principal Balance: $13,500,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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. | Tenant Billing Schedule | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Tax Bills and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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 Lease Abstracts | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Glendale Plaza Shopping Center** | **Glendale Plaza Shopping Center** | **Glendale Plaza Shopping Center** | **Glendale Plaza Shopping Center** |
| Mortgage Loan Seller: Natixis | Mortgage Loan Seller: Natixis | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $13,000,000 | Original Principal Balance: $13,000,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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, Lease Abstracts 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 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Tax Assessor Website and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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, Lease Abstracts and Estoppels | No Exceptions Noted |
|  | UNDERWRITTEN CASHFLOW COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 6 | For each $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Wilson Crossing Townhomes** | **Wilson Crossing Townhomes** | **Wilson Crossing Townhomes** | **Wilson Crossing Townhomes** |
| Mortgage Loan Seller: 3650 Capital | Mortgage Loan Seller: 3650 Capital | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $12,120,000 | Original Principal Balance: $12,120,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Appraisal and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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 $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Galaxy Parkway Industrial** | **Galaxy Parkway Industrial** | **Galaxy Parkway Industrial** | **Galaxy Parkway Industrial** |
| Mortgage Loan Seller: SGFC | Mortgage Loan Seller: SGFC | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $12,000,000 | Original Principal Balance: $12,000,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files, Appraisal and Underwriting Instructions and Adjustments | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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. | Estoppels, Lease Abstracts 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 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Tax Bills and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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 $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **166 Elizabeth Street** | **166 Elizabeth Street** | **166 Elizabeth Street** | **166 Elizabeth Street** |
| Mortgage Loan Seller: BMO | Mortgage Loan Seller: BMO | Top 20 Mortgage Loan: | Yes |
| Original Principal Balance: $10,860,000 | Original Principal Balance: $10,860,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Tax Bills and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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 $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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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| | | | |
|:---|:---|:---|:---|
| **Bayside Square** | **Bayside Square** | **Bayside Square** | **Bayside Square** |
| Mortgage Loan Seller: ZBNA | Mortgage Loan Seller: ZBNA | Top 20 Mortgage Loan: | No |
| Original Principal Balance: $10,600,000 | Original Principal Balance: $10,600,000 | $10MM+ Mortgage Loan: | Yes |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | No |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files and Appraisal | No Exceptions Noted |
|  | CASHFLOW REIMBURSEMENT COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 2 | For the Top 20 Mortgage Loans, compare, or recalculate and compare, cash flow reimbursements for top five tenants (ordered by underwritten cash flow reimbursements of each tenant) 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 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% and $10,000 threshold. | N/A | N/A |
| 4 | For each $10MM+ Mortgage Loan, 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. | Tax Bills, Appraisal and Insurance Review File | No Exceptions Noted |
|  | LEASE EXPIRATION AND TERMINATION COMPARISON PROCEDURES |  |  |
| 5 | For the Top 20 Mortgage Loans, 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 maximum of ten 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 a $10MM+ Mortgage Loan but which is not a Top 20 Mortgage Loan, compare the lease expiration dates 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 $10MM+ 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 $10MM+ Mortgage Loan, using the information on the Underwriting File, Source Documents, ASRs, Underwritten Rent Roll and the Underwriting Instructions and Adjustments (footnotes), recalculate and compare 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* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Southeastern Self-Storage Portfolio** | **Southeastern Self-Storage Portfolio** | **Southeastern Self-Storage Portfolio** | **Southeastern Self-Storage Portfolio** |
| Mortgage Loan Seller: ZBNA | Mortgage Loan Seller: ZBNA | Top 20 Mortgage Loan: | No |
| Original Principal Balance: $9,250,000 | Original Principal Balance: $9,250,000 | $10MM+ Mortgage Loan: | No |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | Yes |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files, Appraisal 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 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% and $10,000 threshold. | N/A | N/A |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

---

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| | | | |
|:---|:---|:---|:---|
| **349 East 10th Street** | **349 East 10th Street** | **349 East 10th Street** | **349 East 10th Street** |
| Mortgage Loan Seller: BMO | Mortgage Loan Seller: BMO | Top 20 Mortgage Loan: | No |
| Original Principal Balance: $8,600,000 | Original Principal Balance: $8,600,000 | $10MM+ Mortgage Loan: | No |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | Yes |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense 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% and $10,000 threshold. | N/A | N/A |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Cornerstone Apartments** | **Cornerstone Apartments** | **Cornerstone Apartments** | **Cornerstone Apartments** |
| Mortgage Loan Seller: GCMC | Mortgage Loan Seller: GCMC | Top 20 Mortgage Loan: | No |
| Original Principal Balance: $7,600,000 | Original Principal Balance: $7,600,000 | $10MM+ Mortgage Loan: | No |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | Yes |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files | No Exceptions Noted |
|  | SUPPORTING EXPENSE COMPARISON AND RECALCULATION PROCEDURES |  |  |
| 3 | For each Mortgage Loan, compare, or recalculate and compare, the ground rent expense 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% and $10,000 threshold. | N/A | N/A |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **500 Delaware** | **500 Delaware** | **500 Delaware** | **500 Delaware** |
| Mortgage Loan Seller: 3650 Capital | Mortgage Loan Seller: 3650 Capital | Top 20 Mortgage Loan: | No |
| Original Principal Balance: $7,000,000 | Original Principal Balance: $7,000,000 | $10MM+ Mortgage Loan: | No |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | Yes |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files, Appraisal 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 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% and $10,000 threshold. | N/A | N/A |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Cityline - Monument Storage** | **Cityline - Monument Storage** | **Cityline - Monument Storage** | **Cityline - Monument Storage** |
| Mortgage Loan Seller: BMO | Mortgage Loan Seller: BMO | Top 20 Mortgage Loan: | No |
| Original Principal Balance: $3,850,000 | Original Principal Balance: $3,850,000 | $10MM+ Mortgage Loan: | No |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | Yes |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files 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 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% and $10,000 threshold. | N/A | N/A |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Magnolia Flats Apartments** | **Magnolia Flats Apartments** | **Magnolia Flats Apartments** | **Magnolia Flats Apartments** |
| Mortgage Loan Seller: GCMC | Mortgage Loan Seller: GCMC | Top 20 Mortgage Loan: | No |
| Original Principal Balance: $3,600,000 | Original Principal Balance: $3,600,000 | $10MM+ Mortgage Loan: | No |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | Yes |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files 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 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% and $10,000 threshold. | N/A | N/A |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **CityLine - Hudson Storage** | **CityLine - Hudson Storage** | **CityLine - Hudson Storage** | **CityLine - Hudson Storage** |
| Mortgage Loan Seller: BMO | Mortgage Loan Seller: BMO | Top 20 Mortgage Loan: | No |
| Original Principal Balance: $3,500,000 | Original Principal Balance: $3,500,000 | $10MM+ Mortgage Loan: | No |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | Yes |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files 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 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% and $10,000 threshold. | N/A | N/A |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **CityLine - Kennett Storage** | **CityLine - Kennett Storage** | **CityLine - Kennett Storage** | **CityLine - Kennett Storage** |
| Mortgage Loan Seller: BMO | Mortgage Loan Seller: BMO | Top 20 Mortgage Loan: | No |
| Original Principal Balance: $3,050,000 | Original Principal Balance: $3,050,000 | $10MM+ Mortgage Loan: | No |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | Yes |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files 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 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% and $10,000 threshold. | N/A | N/A |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

---

---

| | | | |
|:---|:---|:---|:---|
| **Cityline - Storage Sense Charleston** | **Cityline - Storage Sense Charleston** | **Cityline - Storage Sense Charleston** | **Cityline - Storage Sense Charleston** |
| Mortgage Loan Seller: BMO | Mortgage Loan Seller: BMO | Top 20 Mortgage Loan: | No |
| Original Principal Balance: $2,670,000 | Original Principal Balance: $2,670,000 | $10MM+ Mortgage Loan: | No |
|  |  | Non-Top 20 Mortgage Loan and Under $10MM Mortgage Loan: | Yes |
| 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 | 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 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 5% and $10,000 threshold. | Borrower Operating Statement Data Files 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 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% and $10,000 threshold. | N/A | N/A |
| *\*\*N/A: Not Applicable* | *\*\*N/A: Not Applicable* |  |  |

---