Document:

Exhibit
4.6

 

MORTGAGE
LOAN PURCHASE AGREEMENT

 

This
Mortgage Loan Purchase Agreement (this “Agreement”), is dated and effective as of [DATE], between [MORTGAGE
LOAN SELLER], as seller (in such capacity, together with its successors and permitted assigns hereunder, the “Mortgage
Loan Seller” or “Seller”), and UBS Commercial Mortgage Securitization Corp., as purchaser (in such
capacity, together with its successors and permitted assigns hereunder, the “Purchaser”).

 

RECITALS

 

The
Mortgage Loan Seller desires to sell, assign, transfer, set over and otherwise convey to the Purchaser, without recourse, representation
or warranty, other than as set forth herein, and the Purchaser desires to purchase, subject to the terms and conditions set forth
herein, the [commercial, multifamily and/or manufactured housing community] mortgage loans (collectively, the “Mortgage
Loans”) identified on the schedule annexed hereto as Exhibit A (as such schedule may be amended from time
to time pursuant to the terms hereof, the “Mortgage Loan Schedule”)[, which, for the avoidance of doubt, with
respect to the [WHOLE LOAN] Whole Loan, will refer only to the Mortgage Notes relating to the Mortgage Loan Seller’s ownership
interest therein that is to be transferred thereunder].

 

The
Purchaser intends to create a trust (the “Trust”), the primary assets of which will be a segregated pool of
[commercial, multifamily and/or manufactured housing community] mortgage loans, that includes the Mortgage Loans. Beneficial ownership
of the assets of the Trust (such assets collectively, the “Trust Fund”) will be evidenced by a series of mortgage
pass-through certificates (the “Certificates”). Certain classes of the Certificates will be rated by nationally
recognized statistical rating organizations (the “Rating Agencies”). Certain classes of Certificates (the “Registered
Certificates”) will be registered under the Securities Act of 1933, as amended (the “Securities Act”),
and certain classes of Certificates (the “Non-Registered Certificates”) will not be registered under the Securities
Act. The Trust will be created and the Certificates will be issued pursuant to a pooling and servicing agreement to be dated as
of [DATE] (the “Pooling and Servicing Agreement”), between UBS Commercial Mortgage Securitization Corp., as
depositor (the “Depositor”), [MASTER SERVICER], as master servicer ([in such capacity,] the “Master
Servicer”), [SPECIAL SERVICER], as special servicer ([in such capacity,] the “Special Servicer”),
[OPERATING ADVISOR], as operating advisor ([in such capacity,] the “Operating Advisor”), [ASSET REPRESENTATIONS
REVIEWER], as asset representations reviewer ([in such capacity,] the “Asset Representations Reviewer”), [CERTIFICATE
ADMINISTRATOR], as certificate administrator (in such capacity, the “Certificate Administrator”), as tax administrator
and as custodian (in such capacity, the “Custodian”) and [TRUSTEE], as trustee ([in such capacity,] the “Trustee”).
Capitalized terms used but not otherwise defined herein shall have the respective meanings assigned to them in the Pooling and
Servicing Agreement as in full force and effect on the Closing Date (as defined in Section 1 hereof). Any reference
to a provision of the Pooling and Servicing Agreement shall be to the Pooling and Servicing Agreement as in full force and effect
on the Closing Date. It is anticipated that the Purchaser will transfer the Mortgage Loans to the Trustee on behalf of the Trust
contemporaneously with its purchase of the Mortgage Loans hereunder.

 

The
Purchaser intends to sell the Registered Certificates to [UNDERWRITER], [UNDERWRITER], [UNDERWRITER], [UNDERWRITER] and [UNDERWRITER]

 

     

    

    

 

(collectively
in such capacity, the “Underwriters”) pursuant to an underwriting agreement, dated as of the date hereof (the
“Underwriting Agreement”), between the Purchaser, UBS AG, by and through its New York branch office at 1285
Avenue of the Americas, New York, New York and the Underwriters. The Purchaser intends to sell the Non-Registered Certificates
to [INITIAL PURCHASER], [INITIAL PURCHASER], [INITIAL PURCHASER], [INITIAL PURCHASER] and [INITIAL PURCHASER] (collectively in
such capacity, the “Initial Purchasers”) pursuant to a certificate purchase agreement, dated as of the date
hereof (the “Certificate Purchase Agreement”), between the Purchaser, UBS AG, by and through its New York branch
office at 1285 Avenue of the Americas, New York, New York and the Initial Purchasers. The Certificates are more fully described
in (a) that certain prospectus dated [DATE] (together with all annexes and exhibits thereto, the “Prospectus”),
relating to the Registered Certificates and (b) that certain private placement memorandum, dated [DATE] (together with all
annexes and exhibits thereto, the “Private Placement Memorandum”), relating to the Non-Registered Certificates,
as each may be amended or supplemented at any time hereafter.

 

The
Mortgage Loan Seller will indemnify the Depositor, the Underwriters, the Initial Purchasers and certain related parties with respect
to certain disclosure regarding the Mortgage Loans that is contained in (a) that certain preliminary prospectus, dated [DATE],
relating to the Registered Certificates (together with all annexes and exhibits thereto[), as amended and supplemented by that
certain supplement to the preliminary prospectus, dated [DATE] (collectively], the “Preliminary Prospectus”),
(b) that certain preliminary private placement memorandum, dated [DATE], relating to the Non-Registered Certificates (together
with all annexes and exhibits thereto, collectively, the “Preliminary Private Placement Memorandum”), (c) the
Prospectus, (d) the Private Placement Memorandum and (e) certain other disclosure documents and offering materials relating
to the Certificates, pursuant to an indemnification agreement, dated as of the date hereof (the “Indemnification Agreement”),
between the Mortgage Loan Seller, the Depositor, the Underwriters and the Initial Purchasers.

 

NOW,
THEREFORE, in consideration of the premises and the mutual agreements set forth herein, the parties agree as follows:

 

Section
1.                Agreement
to Purchase. The Mortgage Loan Seller agrees to sell, assign, transfer, set over and otherwise convey to the Purchaser, without
recourse, representation or warranty, other than as set forth herein, and the Purchaser agrees to purchase from the Mortgage Loan
Seller, subject to the terms and conditions set forth herein, the Mortgage Loans. The purchase and sale of the Mortgage Loans
shall take place on [DATE] or such other date as shall be mutually acceptable to the parties hereto (the “Closing Date”).
As of the Cut-off Date, the Mortgage Loans will have an aggregate principal balance, after application of all payments of principal
due on the Mortgage Loans, if any, on or before such date, whether or not received, of $ [__], subject to a variance of plus or
minus 5%. The purchase price for the Mortgage Loans shall be an amount set forth on the cross receipt between the Mortgage Loan
Seller and the Purchaser dated the Closing Date (which price reflects no deduction for any transaction expenses for which the
Mortgage Loan Seller is responsible). The Purchaser shall pay and/or direct to be paid such purchase price to the Mortgage Loan
Seller on the Closing Date by wire transfer in

 

    -2- 

    

    

 

immediately
available funds or by such other method as shall be mutually acceptable to the parties hereto.

 

Section
2.                Conveyance
of the Mortgage Loans. (a) Effective as of the Closing Date, subject only to receipt of the purchase price referred to in
Section 1 hereof and the satisfaction of the other conditions to the Mortgage Loan Seller’s obligations set
forth herein, the Mortgage Loan Seller does hereby sell, assign, transfer, set over and otherwise convey to the Purchaser, without
recourse, representation or warranty, other than as set forth herein, all of the right, title and interest of the Mortgage Loan
Seller in, to and under the Mortgage Loans and all documents included in the related Mortgage Files and Servicing Files, with
the understanding that a servicing rights purchase and sale agreement or comparable agreement may be executed by the Mortgage
Loan Seller and the Master Servicer. Such assignment includes all scheduled payments of principal and interest under and proceeds
of the Mortgage Loans received after their respective Cut-off Dates (other than scheduled payments of interest and principal due
on or before their respective Cut-off Dates, which shall belong and be promptly remitted to the Mortgage Loan Seller) together
with all documents delivered or caused to be delivered hereunder with respect to such Mortgage Loans by the Mortgage Loan Seller
(including all documents included in the related Mortgage Files and Servicing Files and any other documents required to be delivered
by the Mortgage Loan Seller under Sections 2.01(b) and (c) of the Pooling and Servicing Agreement). The Purchaser shall be
entitled to receive all scheduled payments of principal and interest due on the Mortgage Loans after their respective Cut-off
Dates, and all other recoveries of principal and interest collected thereon after their respective Cut-off Dates (other than scheduled
payments of principal and interest due on the Mortgage Loans on or before their respective Cut-off Dates and collected after such
respective Cut-off Dates or, in the case of Qualified Substitute Mortgage Loans (if any), due on or prior to the related date
of substitution and collected after such date, in each case, which shall belong to the Mortgage Loan Seller).

 

After
the Mortgage Loan Seller’s transfer of the Mortgage Loans to the Purchaser, as provided herein, the Mortgage Loan Seller
shall not take any action inconsistent with the Purchaser’s ownership of the Mortgage Loans. Except for actions that are
the express responsibility of another party hereunder or under the Pooling and Servicing Agreement, and further except for actions
that the Mortgage Loan Seller is expressly permitted to complete subsequent to the Closing Date, the Mortgage Loan Seller shall,
on or before the Closing Date, take all actions required under applicable law to effectuate the transfer of the Mortgage Loans
by the Mortgage Loan Seller to the Purchaser.

 

(b)              
The conveyance of the Mortgage Loans and the
related rights and property accomplished hereby is intended by the parties hereto to constitute a sale by the Mortgage Loan Seller
of all the Mortgage Loan Seller’s right, title and interest in and to such Mortgage Loans and such other related rights
and property by the Mortgage Loan Seller to the Purchaser. Furthermore, it is not intended that such conveyance be a pledge of
security for a loan. If such conveyance is determined to be a pledge of security for a loan, however, then: (i) this Agreement
shall constitute a security agreement under applicable law; (ii) the Mortgage Loan Seller shall be deemed to have granted
to the Purchaser, and in any event, the Mortgage Loan Seller hereby grants to the Purchaser, a first priority security interest
in all of the Mortgage Loan Seller’s right, title and interest, whether now owned or hereafter acquired, in and to (1) the

 

    -3- 

    

    

 

Mortgage
Loans, (2) all documents included in the related Mortgage Files and Servicing Files, (3) all scheduled payments of principal
and interest due on the Mortgage Loans after their respective Cut-off Dates, and (4) all other recoveries of principal and
interest collected thereon after their respective Cut-off Dates (other than scheduled payments of principal and interest due on
the Mortgage Loans on or before their respective Cut-off Dates and collected after such respective Cut-off Dates or, in the case
of Qualified Substitute Mortgage Loans (if any), due on or prior to the related date of substitution and collected after such
date); (iii) the assignment by the Purchaser to the Trustee of its interests in the Mortgage Loans as contemplated by Section 16
hereof shall be deemed to be an assignment of any security interest created hereunder; (iv) the possession by the Purchaser
(or the Custodian) of the Mortgage Notes with respect to the Mortgage Loans subject hereto from time to time and such other items
of property as constitute instruments, money, negotiable documents or chattel paper shall be deemed to be “possession by
the secured party” or possession by a purchaser or person designated by such secured party for the purpose of perfecting
such security interest under applicable law (notwithstanding the foregoing, the Mortgage Loan Seller makes no representation or
warranty as to perfection of any such security interest); and (v) notifications to, and acknowledgments, receipts or confirmations
from, Persons holding such property, shall be deemed to be notifications to, or acknowledgments, receipts or confirmations from,
securities intermediaries, bailees or agents (as applicable) of the Purchaser for the purpose of perfecting such security interest
under applicable law. The Mortgage Loan Seller and the Purchaser shall, to the extent consistent with this Agreement, take such
actions as may be reasonably necessary to ensure that, if this Agreement were deemed to create a security interest in the Mortgage
Loans, such security interest would be a perfected security interest of first priority under applicable law and will be maintained
as such throughout the term of this Agreement and the Pooling and Servicing Agreement.

 

(c)               
In connection with the Mortgage Loan Seller’s
assignment pursuant to Section 2(a) above, the Mortgage Loan Seller, at its expense, shall deliver to and deposit
with, or cause to be delivered to and deposited with, the Custodian, subject to the provisions of Section 2.01(i) of the Pooling
and Servicing Agreement with respect to any Servicing Shift Whole Loan, (x) on or before the Closing Date, the Mortgage Note relating
to each Mortgage Loan so assigned, endorsed to the Trustee or in blank as specified in clause (i) of the definition of
“Mortgage File” (or, alternatively, if the original executed Mortgage Note has been lost, a lost note affidavit and
indemnity with a copy of such Mortgage Note as specified in clause (i) of the definition of “Mortgage File”)
and (y) on or before the date that is forty-five (45) days following the Closing Date (or such later date as may be provided under
Sections 2.01(b) or (c) of the Pooling and Servicing Agreement with respect to any item), the remainder of the Mortgage File
for each Mortgage Loan and, except in the case of a Mortgage Loan that is part of a Non-Serviced Whole Loan as of the Closing
Date (which delivery shall be subject to clauses (e) and (f) in the proviso of the definition of “Mortgage File”),
any other items required to be delivered or deposited by the Mortgage Loan Seller under Sections 2.01(b) and (c) of the Pooling
and Servicing Agreement (other than amounts from reserve accounts and originals of letters of credit, which shall be transferred
to the Master Servicer) for each Mortgage Loan, and shall take such other actions and pay such costs with respect to the Mortgage
Loans as may be required under Sections 2.01(b) and (c) of the Pooling and Servicing Agreement[; provided that, with
respect to the [WHOLE LOAN] and clause (i) of the definition of “Mortgage File” in the Pooling and

 

    -4- 

    

    

 

Servicing
Agreement, the Mortgage Loan Seller shall only be required to deliver the Mortgage Notes relating to its ownership interest therein
that is being transferred hereunder].

 

(d)              
In addition, on
or prior to the Closing Date, Seller, at its expense, shall deliver to each of the Master Servicer
and the Special Servicer five (5) limited powers of attorney in favor of the Master Servicer and the Special Servicer in accordance
with Section 2.02(h) of the Pooling and Servicing Agreement to empower the Master Servicer and the Special Servicer to sign and/or
deliver to a third party for submission, at the expense of Seller, any mortgage loan documents required to be recorded as described
in Section 2.01 of the Pooling and Servicing Agreement and any intervening assignments with evidence of recording thereon that
are required to be included in the Mortgage Files (so long as original counterparts have previously been delivered to the Trustee
(or the Custodian on its behalf)); provided that if the Seller fails to promptly pay the Master Servicer or the Special
Servicer the expenses associated with recording documents as provided in this sentence, then such expenses shall be payable out
of the Trust (it being understood for the avoidance of doubt that the applicable Seller will nonetheless remain responsible for
reimbursing the Trust for such expenses). Seller agrees to reasonably cooperate with the Master Servicer and the Special Servicer
in connection with any additional powers of attorney or revisions thereto that are requested by the Master Servicer and the Special
Servicer for purposes of such recordation. No such power of attorney shall be used with respect to any Mortgage Loan except to
the extent that the absence of a document described in the second preceding sentence with respect to such Mortgage Loan remains
unremedied as of the date on which such Mortgage Loan becomes a Specially Serviced Mortgage Loan or at the time required for enforcement
by the Trust Fund. The Master Servicer and the Special Servicer shall submit such documents for recording, at Seller’s expense,
after the date set forth above; provided that the Master Servicer and the Special Servicer shall not submit such assignments
for recording if Seller produces evidence that it or a third-party on its behalf has sent any such assignment for recording and
certifies that Seller is awaiting its return from the applicable recording office. 

 

(e)              
In accordance with Section 2.01(b) of the
Pooling and Servicing Agreement, with respect to the delivery of a letter of credit in the manner described in clause (A)
of clause (xii) of the definition of “Mortgage File”, the Mortgage Loan Seller shall be deemed to have satisfied the
delivery requirements of this Agreement and the Pooling and Servicing Agreement by delivering to the Custodian within ten (10)
Business Days following the Closing Date with respect to any such letter(s) of credit a copy of such letter of credit, the transfer
documentation and such transmittal communication to the issuing bank indicating that such document has been delivered to the issuing
bank for reissuance. If a letter of credit is not in a form that would allow the Master Servicer to draw on such letter of credit
on behalf of the Trust in accordance with the applicable terms thereof and/or of the related Mortgage Loan documents, the Mortgage
Loan Seller shall deliver copies of the appropriate transfer or assignment documents to the Custodian promptly following receipt
of written notification thereof. If not otherwise paid by the related Mortgagor, the Mortgage Loan Seller shall pay any transfer
fee required in order to transfer the beneficiary’s interest from such Mortgage Loan Seller to Master Servicer on behalf of the
Trust as required hereunder and shall cooperate with the reasonable requests of the Master Servicer in connection with effectuating
a draw under any such letter of

 

    -5- 

    

    

 

credit
prior to the date such letter of credit is reissued to the Master Servicer on behalf of the Trust.

 

With
respect to letters of credit delivered in accordance with subclause (B) of clause (xii) of the definition of “Mortgage
File”, within sixty (60) days of the Closing Date or such shorter period as is required by the terms of such letter of credit
or other applicable Mortgage Loan documents, the Mortgage Loan Seller shall notify the bank issuing the letter of credit that
the Master Servicer on behalf of the Trustee shall be the beneficiary under such letter of credit.

 

(f)               
[LSC: UPDATE WITH APPLICABLE LOANS] [In addition,
with respect to the Mortgage Loan[s] secured by the Mortgaged Propert[y][ies] identified as [LOAN NAME] and [LOAN NAME] on the
Mortgage Loan Schedule, [each of] which is subject to a franchise agreement with a related comfort letter in favor of the Mortgage
Loan Seller that requires notice to or request of the related franchisor to transfer or assign any related comfort letter to the
Trustee for the benefit of the Certificateholders or otherwise have a new comfort letter (or any such new document or acknowledgement
as may be contemplated under the existing comfort letter) issued in the name of the Trustee for the benefit of the Certificateholders,
the Mortgage Loan Seller or its designee shall, within [__] ([__]) days of the Closing Date (or any shorter period if required
by the applicable comfort letter), provide any such required notice to or make any such required request of the related franchisor
(with a copy to the Master Servicer).]

 

(g)              
In connection with the Mortgage Loan Seller’s
assignment pursuant to Section 2(a) above, the Mortgage Loan Seller, at its expense, shall deliver to and deposit
with, or cause to be delivered to and deposited with, or make available to, the Master Servicer in accordance with Section 2.01(d)
of the Pooling and Servicing Agreement, the following items: (i) within the timeframes for delivery set forth in Section 2(c)
above, a copy of the Mortgage File for each Mortgage Loan (except that copies of instruments of assignment will be delivered
by the Custodian when the originals are returned or delivered, as applicable, to it in accordance with the requirements of Section 2.01(b)
of the Pooling and Servicing Agreement); (ii) within the timeframe for delivery set forth in Section 2.01(d) of the Pooling
and Servicing Agreement, and except in the case of a Mortgage Loan that is part of a Non-Serviced Whole Loan, originals or copies
of all financial statements, appraisals, environmental reports, engineering reports, Insurance Policies, certificates, guaranty/indemnity
agreements, property inspection reports, escrow analysis, tax bills, third-party management agreements, asset summary and financial
information on the borrower/sponsor and any guarantor (including, without limitation, any operating statements), in each case
relating to the origination and servicing of any Mortgage Loan or related Serviced Whole Loan that are reasonably necessary for
the ongoing administration and/or servicing of the applicable Mortgage Loan or Serviced Whole Loan in the possession or under
the control of the Mortgage Loan Seller that relate to the Mortgage Loans or related Serviced Whole Loan(s) (provided that
the Mortgage Loan Seller shall not be required to deliver any attorney-client privileged communication, draft documents or any
documents or materials prepared by it or its Affiliates for internal uses, including without limitation, credit committee briefs
or memoranda, credit underwriting or other analysis or data and other internal approval documents); and (iii) all unapplied
reserve funds and Escrow Payments in the

 

    -6- 

    

    

 

possession
or under the control of the Mortgage Loan Seller that relate to the Mortgage Loans (other than any Non-Serviced Whole Loans).
In addition, not later than the Closing Date, the Mortgage Loan Seller shall provide to the Master Servicer the initial data with
respect to each Mortgage Loan that is necessary for the preparation of the initial CREFC® Financial File and CREFC®
Loan Periodic Update File required to be delivered by the Master Servicer under the Pooling and Servicing Agreement.

 

(h)              
Under generally accepted accounting principles
(“GAAP”) and for federal income tax purposes, the Mortgage Loan Seller shall report its transfer of the Mortgage
Loans to the Purchaser, as provided herein, as a sale of the Mortgage Loans to the Purchaser in exchange for the consideration
specified in Section 1 hereof. In connection with the foregoing, the Mortgage Loan Seller shall cause all of its records
to reflect such transfer as a sale (as opposed to a secured loan) and to reflect that the Mortgage Loans are no longer property
of the Mortgage Loan Seller. In no event shall the Mortgage Loan Seller take any action that is inconsistent with the Trust’s
ownership of each Mortgage Loan following the Closing Date.

 

(i)               
The Mortgage Loan Schedule, as it may be amended
from time to time, shall conform to the requirements set forth in the Pooling and Servicing Agreement (except with respect to
the Administrative Cost Rate). The Mortgage Loan Seller shall, within fifteen (15) days of its discovery or receipt of notice
of any error on the Mortgage Loan Schedule, amend such Mortgage Loan Schedule and deliver to the Purchaser or the Trustee, as
the case may be, an amended Mortgage Loan Schedule; provided that this sentence shall not be construed to relieve the Mortgage
Loan Seller of any liability for any related Breach or to shorten the period available to the Mortgage Loan Seller with respect
to the cure, repurchase or substitution provisions with respect to a Material Defect set forth in Section 5.

 

(j)               
[LSC: UPDATE WITH APPLICABLE LOANS] [Notwithstanding
anything to the contrary, the Purchaser and the Mortgage Loan Seller hereby acknowledge and agree that with respect to each Mortgage
Loan subject to defeasance [(except with respect to the Mortgage Loans secured by the Mortgaged Propert[y][ies] identified as
[LSC TO PROVIDE APPLICABLE LOAN NAME(S), IF ANY] on the Mortgage Loan Schedule], the Mortgage Loan Seller has transferred to a
third party or has retained the right of the lender under the Mortgage Loan documents to receive a percentage of the economic
benefit associated with the ownership of the successor borrower, to designate and/or establish the successor borrower and/or to
purchase (or cause the purchase on behalf of the related borrower of) the related defeasance collateral, in each case if there
is a defeasance of such Mortgage Loan (any such right or obligation, “Seller Defeasance Rights and Obligations”).
The Purchaser shall cause the Pooling and Servicing Agreement to provide that: (i) if the Master Servicer receives notice of a
defeasance request with respect to a Mortgage Loan, which such Mortgage Loan provides for Seller Defeasance Rights and Obligations
in the related Mortgage Loan documents, then the Master Servicer shall provide, within five (5) Business Days of receipt of such
notice, written notice of such defeasance request to the Mortgage Loan Seller or its assignee; and (ii) until such time as the
Mortgage Loan Seller provides written notice to the contrary, notice of a defeasance of a Mortgage Loan with Seller Defeasance
Rights and Obligations shall be delivered to the Mortgage Loan Seller pursuant to the notice provisions of the Pooling and Servicing
Agreement.]

 

    -7- 

    

    

 

(k)              
[With respect to the [MORTGAGE LOAN] (identified
as Loan No. [LOAN NUMBER BASED ON MORTGAGE SCHEDULE] on the Mortgage Loan Schedule) that does not have a first payment date until
[DATE], an amount equal to [__] days of interest on the Cut-off Date Balance of such Mortgage Loan at the related Mortgage Rate,
shall be required to be delivered by the Seller to the Purchaser who shall forward such amount to the Master Servicer on the Closing
Date for deposit into the Collection Account.]

 

Section
3.                Examination
of Mortgage Loan Files and Due Diligence Review. The Mortgage Loan Seller shall reasonably cooperate with any examination
of the Mortgage Files for, and any other documents and records relating to, the Mortgage Loans, that may be undertaken by or on
behalf of the Purchaser on or before the Closing Date. The fact that the Purchaser has conducted or has failed to conduct any
partial or complete examination of any of the Mortgage Files for, and/or any of such other documents and records relating to,
the Mortgage Loans, shall not affect the Purchaser’s right to pursue any remedy available in equity or at law for a breach
of the Mortgage Loan Seller’s representations and warranties made pursuant to Section 4, except as expressly
set forth in Section 5.

 

Section
4.                Representations,
Warranties and Covenants of the Mortgage Loan Seller and the Purchaser. (a) The Mortgage Loan Seller hereby makes, as
of the date hereof (and, in connection with any replacement of a Defective Loan (as defined in Section 4(f) hereof)
with one or more Qualified Substitute Mortgage Loans (also as defined in Section 4(f) hereof), pursuant to Section 5(a)
hereof, as of the related date of substitution), to and for the benefit of the Purchaser, each of the representations and
warranties set forth in Exhibit B-1. The Purchaser hereby makes, as of the date hereof, to and for the benefit of the
Mortgage Loan Seller, each of the representations and warranties set forth in Exhibit B-2.

 

(b)             
The Mortgage Loan Seller hereby makes, as of
the date hereof (or as of such other date specifically provided in the particular representation or warranty), to and for the
benefit of the Purchaser, each of the representations and warranties set forth in Exhibit C, subject to the exceptions
set forth in Schedule C. The Mortgage Loan Seller is also referred to herein as the “Responsible Repurchase Party”.

 

(c)              
The Mortgage Loan Seller hereby represents and
warrants, as of the date hereof, to and for the benefit of the Purchaser only, that the Mortgage Loan Seller has not dealt with
any broker, investment banker, agent or other person (other than the Depositor or an affiliate thereof, the Underwriters and the
Initial Purchasers) who may be entitled to any commission or compensation in connection with the sale to the Purchaser of the
Mortgage Loans.

 

(d)              
The Mortgage Loan Seller hereby represents and
warrants that, with respect to the Mortgage Loans and the Mortgage Loan Seller’s role as “originator” for purposes
of Regulation AB (or the role of any third party as “originator” of any Mortgage Loan for which the Mortgage Loan
Seller was not the originator for purposes of Regulation AB) and “sponsor” for purposes of Regulation AB in connection
with the issuance of the Registered Certificates, the information regarding the Mortgage Loans, the related Mortgagors, the related
Mortgaged Properties and/or the Mortgage Loan Seller contained in each of the Preliminary Prospectus and the Prospectus complies
in all material respects with the applicable disclosure requirements of

 

    -8- 

    

    

 

Regulation
AB as in effect on the date hereof and for which compliance is required as of the date hereof. As used herein, “Regulation
AB” means Subpart 229.1100 – Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1125,
as such rules may be amended from time to time, and subject to such clarification and interpretation as have been or may hereafter
be from time to time provided by the Securities and Exchange Commission (the “Commission”) or by the staff
of the Commission, in each case as effective from time to time as of the compliance dates specified therein. Notwithstanding anything
herein to the contrary, this Section 4(d) shall run exclusively to the benefit of the Purchaser and no other party.

 

(e)              
With respect to each Servicing Function Participant
that services a Mortgage Loan as of the Closing Date, the Mortgage Loan Seller either (i) represents and warrants that as of the
date hereof such Servicing Function Participant is expected to be an Initial Sub-Servicer under the Pooling and Servicing Agreement
or (ii) (A) represents and warrants that it has caused such Servicing Function Participant to be required to comply, as evidenced
by written documentation between such Servicing Function Participant and the Mortgage Loan Seller, with all reporting requirements
set forth in Article XI of the Pooling and Servicing Agreement (including but not limited to the indemnification of each Certification
Party from and against any and all claims, losses, damages, penalties, fines, forfeitures, legal fees and expenses and related
and related costs, judgments any other costs, fees and expenses incurred by such Certification Party arising out of the delivery
of any Deficient Exchange Act Deliverable) applicable to such Servicing Function Participant for the Mortgage Loans and (B) covenants
with the Purchaser that, for so long as the Trust is subject to the reporting requirements of the Exchange Act, it shall cause
each Servicing Function Participant that services a Mortgage Loan as of the Closing Date to be required to comply with all reporting
requirements set forth therein.

 

(f)               
The Responsible Repurchase Party hereby agrees
that it shall be deemed to make to and for the benefit of the Purchaser, as of the date of any substitution, with respect to any
replacement Mortgage Loan (a “Qualified Substitute Mortgage Loan”) that is substituted for a Defective Loan
by the Responsible Repurchase Party pursuant to Section 5(a) of this Agreement, each of the representations and warranties
set forth in Exhibit C to this Agreement. For purposes of the representations and warranties set forth in Exhibit
C, representations and warranties made as of the Closing Date or as of the Cut-off Date shall, in the case of a Qualified
Substitute Mortgage Loan, be made as of the date of substitution. From and after the date of substitution, each Qualified Substitute
Mortgage Loan, if any, shall be deemed to constitute a “Mortgage Loan” hereunder for all purposes. A “Defective
Loan” is any Mortgage Loan as to which there is an unremedied Material Defect.

 

(g)              
Except for the agreed-upon procedures report
obtained from the accounting firm engaged to perform procedures involving a comparison of information in loan files for the Mortgage
Loans to information on a data tape relating to the Mortgage Loans (such report, the “Accountants’ Due Diligence
Report”), the Mortgage Loan Seller has not obtained (and, through and including the Closing Date, will not obtain without
the consent of the Purchaser) any “third party due diligence report” (as defined in Rule 15Ga-2 under the Securities
Exchange Act of 1934, as amended (the “Exchange Act”) (“Rule 15Ga-2”)) in connection with
the securitization transaction contemplated herein and in the Prospectus and Private Placement Memorandum and, except for the
accountants with respect to the Accountants’ Due Diligence

 

    -9- 

    

    

 

Report,
the Mortgage Loan Seller has not employed (and, through and including the Closing Date, will not
employ without the consent of the Purchaser) any third party to engage in any activity that constitutes “due diligence services”
within the meaning of Rule 17g-10 under the Exchange Act in connection with the transactions contemplated herein and in the Prospectus
and Private Placement Memorandum. The Underwriters and Initial Purchasers are third-party beneficiaries of the provisions set
forth in this Section 4(g).

 

(h)              
Within sixty (60) days after the Closing Date,
the Mortgage Loan Seller shall deliver or cause to be delivered an electronic copy of the Diligence File for each Mortgage Loan
to the Depositor by uploading such Diligence File (including, if applicable, any additional documents or information that the
Mortgage Loan Seller believes should be included to enable the Asset Representations Reviewer to perform an Asset Review on such
Mortgage Loan; provided that such documents or information are clearly labeled and identified) to the Designated Site,
each such Diligence File being organized and categorized in accordance with the electronic file structure reasonably agreed to
by the Depositor and the Mortgage Loan Seller.

 

(i)               
Within sixty (60) days after the Closing Date,
the Mortgage Loan Seller shall provide the Depositor (with a copy (which may be sent by e-mail) to each of the Master Servicer,
the Special Servicer, the Trustee, the Certificate Administrator, the Directing Certificateholder, the Asset Representations Reviewer
and the Operating Advisor) a certificate substantially in the form of Exhibit E (which may be sent by e-mail).

 

(j)               
If, as part of an Asset Review of a Mortgage
Loan, the Asset Representations Reviewer determines it is missing any document that is required to be part of the Review Materials
for such Mortgage Loan and that is necessary in connection with its completion of the Asset Review, then, upon written request
of the Asset Representations Reviewer, the Mortgage Loan Seller shall provide to the Asset Representations Reviewer, within ten
(10) Business Days of receipt of such written request, any such document; provided, however, that the Mortgage Loan
Seller shall be required to deliver such missing document only to the extent that such document is in the possession of the Mortgage
Loan Seller, but in any event excluding any documents that contain information that is proprietary to the related originator or
the Mortgage Loan Seller or any draft documents or privileged or internal communications.

 

(k)              
Upon the completion of an Asset Review with respect
to each Mortgage Loan in accordance with the Pooling and Servicing Agreement and receipt of a written invoice from the Asset Representations
Reviewer, the Mortgage Loan Seller shall pay the Asset Representations Reviewer Asset Review Fee for the Mortgage Loans [(or,
with respect to the [MORTGAGE LOAN] Mortgage Loan, the portion of the Asset Representations Reviewer Asset Review Fee equal to
[PERCENTAGE INTEREST OF MORTGAGE LOAN BEING SOLD]% of the total Asset Representations Reviewer Asset Review Fee for the entirety
of the [MORTGAGE LOAN] Mortgage Loan)] subject to that Asset Review within [NUMBER OF DAYS PURSUANT TO POOLING AND SERVICING AGREEMENT]
days of receipt of such written invoice from the Asset Representations Reviewer.

 

(l)                
The Mortgage Loan Seller acknowledges and agrees
that in the event an Enforcing Party elects a dispute resolution method pursuant to Section 2.03 of the Pooling and

 

    -10- 

    

    

 

Servicing
Agreement, the Mortgage Loan Seller shall abide by the selected dispute resolution method and otherwise comply with the terms
and provisions set forth in the Pooling and Servicing Agreement (including the exhibits thereto) related to such dispute resolution
method.

 

(m)             
The Mortgage Loan Seller shall indemnify and
hold harmless the Purchaser against any and all expenses, losses, claims, damages and other liabilities, including, without limitation,
the costs of investigation, legal defense and any amounts paid in settlement of any claim or litigation arising out of or based
upon any failure by the Mortgage Loan Seller to (A) pay the fees described under Section 4(k) above within [NUMBER OF DAYS
PURSUANT TO POOLING AND SERVICING AGREEMENT] of receipt of the written invoice by the Asset Representations Reviewer or (B) within
sixty (60) days of the Closing Date (or such later date specified herein or in the Pooling and Servicing Agreement), provide all
documents required to be delivered by it pursuant to Section 4(h) of this Agreement and under the definition of “Diligence
File” in the Pooling and Servicing Agreement.

 

(n)              
The Mortgage Loan Seller covenants with the Purchaser
that if, on or prior to the later of (i) the ninetieth (90th) day following the Closing Date and (ii) the date upon
which all Certificates have been sold to parties unaffiliated with the Depositor, as a result of the occurrence of any event that
occurred prior to the Closing Date with respect to the Mortgage Loans or the Mortgage Loan Seller (and the Mortgage Loan Seller
hereby covenants to promptly notify the Depositor, the Underwriters and the Initial Purchasers of the occurrence of any such event
to the extent it has knowledge thereof), an amendment or supplement to the Prospectus or Private Placement Memorandum with respect
to any information regarding the Mortgage Loans or the Mortgage Loan Seller, is necessary to be delivered in connection with sales
of the Certificates by the Underwriters, the Initial Purchasers or a dealer, in order to correct any untrue statement of a material
fact or any omission to state a material fact required to be stated therein (solely in the case of the Prospectus) or necessary
to make the statements therein, in the light of the circumstances when the Prospectus or Private Placement Memorandum is delivered
to a purchaser, not misleading, or an amendment or supplement to the Prospectus or Private Placement Memorandum with respect to
any information regarding the Mortgage Loans or the Mortgage Loan Seller, is necessary to comply with applicable law, the Mortgage
Loan Seller shall do all things necessary (or, with respect to information relating to the Mortgage Loans, provide all information
in its possession) to assist the Depositor to prepare and furnish, at the expense of the Mortgage Loan Seller (to the extent that
such amendment or supplement relates to the Mortgage Loan Seller, the Mortgage Loans and/or any information describing the same,
as provided by the Mortgage Loan Seller), to the Underwriters and Initial Purchasers such amendments or supplements to the Prospectus
or Private Placement Memorandum as may be necessary, so that the statements in the Prospectus or Private Placement Memorandum
as so amended or supplemented with respect to any information regarding the Mortgage Loans or the Mortgage Loan Seller, will not
so contain an untrue statement of material fact or omit to state a material fact required to be stated therein (solely in the
case of the Prospectus) or necessary to make the statements therein, in the light of the circumstances when the Prospectus or
Private Placement Memorandum is delivered to a purchaser, not misleading or so that the Prospectus or Private Placement Memorandum
(as so annexed or supplemented) with respect to any information regarding the Mortgage Loans or the Mortgage Loan Seller, will
not so fail to comply with applicable law. Notwithstanding the foregoing, the Mortgage Loan Seller shall have

 

    -11- 

    

    

 

no
affirmative obligation to monitor the performance of the Mortgage Loans or any changes in condition or circumstance of any Mortgaged
Property, Mortgagor, guarantor or any of their Affiliates after the Closing Date in connection with its obligations under this
Section 4(n). The Underwriters and Initial Purchasers are third-party beneficiaries of the provisions set forth in this
Section 4(n).

 

Section
5.                Notice
of Breach; Cure, Repurchase and Substitution. (a) The Mortgage Loan Seller shall, not later than ninety (90) days after (i)
except in the case of the succeeding clause (ii), the Mortgage Loan Seller’s receipt of notice from any party to
the Pooling and Servicing Agreement of or, if earlier, the Mortgage Loan Seller’s discovery of, a Material Defect or (ii)
in the case of a Material Defect relating to a Mortgage Loan not being a “qualified mortgage” within the meaning of
Section 860G(a)(3) of the Code, but without regard to the rule of Treasury Regulations Section 1.860G-2(f)(2) that causes
a defective Mortgage Loan to be treated as a qualified mortgage, the earlier of (x) the discovery by the Mortgage Loan Seller
or any party to the Pooling and Servicing Agreement of such Material Defect and (y) receipt of notice of the Material Defect from
any party to the Pooling and Servicing Agreement (such ninety (90) day period, the “Initial Cure Period”),
(A) cure [(or, with respect to the [WHOLE LOAN] Whole Loan, coordinate with [NAME OF CO-SELLER], in its capacity as mortgage loan
seller, to cure)] such Material Defect in all material respects, at the Mortgage Loan Seller’s own expense, including reimbursement
of any related reasonable additional expenses of the Trust reasonably incurred by any party to the Pooling and Servicing Agreement,
(B) repurchase the affected Mortgage Loan or REO Loan [(or, with respect to the [MORTGAGE LOAN] Mortgage Loan, repurchase the
related promissory note[s] sold by the Mortgage Loan Seller)] (excluding any related Companion Loan, if applicable), at the applicable
Purchase Price and in conformity with this Agreement and Section 2.03 of the Pooling and Servicing Agreement or (C) substitute
a Qualified Substitute Mortgage Loan (other than with respect to the Whole Loans, for which no substitution will be permitted)
for such affected Mortgage Loan or REO Loan (provided that in no event shall any such substitution occur on or after the
second anniversary of the Closing Date) and pay the Master Servicer for deposit into the Collection Account, any Substitution
Shortfall Amount in connection therewith and in conformity with this Agreement and Section 2.03 of the Pooling and Servicing Agreement;
provided, however, that except with respect to a Material Defect resulting solely from the failure by the Mortgage
Loan Seller to deliver to the Trustee or Custodian the actual policy of lender’s title insurance required pursuant to clause
(viii) of the definition of Mortgage File by a date not later than eighteen (18) months following the Closing Date, if such Material
Defect is capable of being cured but is not cured within the Initial Cure Period, and the Mortgage Loan Seller has commenced and
is diligently proceeding with the cure of such Material Defect within the Initial Cure Period, the Mortgage Loan Seller shall
have an additional ninety (90) days commencing immediately upon the expiration of the Initial Cure Period (such additional ninety
(90) day period, the “Extended Cure Period”) to complete such cure (or, failing such cure, to repurchase the
related Mortgage Loan or REO Loan (excluding any related Companion Loan, if applicable) or substitute a Qualified Substitute Mortgage
Loan (other than with respect to the Whole Loans, for which no substitution will be permitted)); provided, further,
that with respect to such Extended Cure Period the Mortgage Loan Seller has delivered an officer’s certificate to the Trustee,
the Certificate Administrator, the Master Servicer, the Special Servicer, the Operating Advisor and (with respect to any Mortgage
Loan other than an Excluded Loan, prior to the occurrence of a

 

    -12- 

    

    

 

Consultation
Termination Event) the Directing Certificateholder, setting forth the reason such Material Defect is not capable of being cured
within the Initial Cure Period and what actions the Mortgage Loan Seller is pursuing in connection with the cure thereof and stating
that the Mortgage Loan Seller anticipates that such Material Defect will be cured within the Extended Cure Period; and provided,
further, that, if any such Material Defect is not cured after the Initial Cure Period and any such Extended Cure Period
solely due to the failure of the Mortgage Loan Seller to have received the recorded document, then the Mortgage Loan Seller shall
be entitled to continue to defer its cure, repurchase and/or substitution obligations in respect of such Material Defect until
eighteen (18) months after the Closing Date so long as the Mortgage Loan Seller certifies to the Trustee, the Master Servicer,
the Special Servicer and the Certificate Administrator no less than every ninety (90) days, beginning at the end of such Initial
Cure Period, that the Material Defect is still in effect solely because of its failure to have received the recorded document
and that the Mortgage Loan Seller is diligently pursuing the cure of such Material Defect (specifying the actions being taken).
Notwithstanding the foregoing, any Defect or Breach that causes any Mortgage Loan not to be a “qualified mortgage”
(within the meaning of Section 860G(a)(3) of the Code, but without regard to the rule of Treasury Regulations Section 1.860G
2(f)(2) that causes a defective Mortgage Loan to be treated as a qualified mortgage) shall be deemed to materially and adversely
affect the interests of Certificateholders therein, and (subject to the Mortgage Loan Seller’s right to cure such Defect
or Breach during the Initial Cure Period) such Mortgage Loan shall be repurchased or substituted for without regard to the Extended
Cure Period described in the preceding sentence. If the affected Mortgage Loan is to be repurchased, the funds in the amount of
the Purchase Price remitted by the Mortgage Loan Seller are to be remitted by wire transfer to the Master Servicer for deposit
into the Collection Account. Any such repurchase or substitution of a Mortgage Loan shall be on a whole loan, servicing released
basis.

 

If
the Mortgage Loan Seller, in connection with a Material Defect (or an allegation of a Material Defect) pertaining to a Mortgage
Loan agrees to a Loss of Value Payment, pursuant to any agreement or a settlement between the Mortgage Loan Seller and the Special
Servicer on behalf of the Trust (and, with respect to any Mortgage Loan other than an Excluded Loan or Servicing Shift Mortgage
Loan, in either case, with the consent of the Directing Certificateholder if no Control Termination Event has occurred and is
continuing) with respect to such Mortgage Loan, the amount of such Loss of Value Payment shall be remitted by wire transfer to
the Special Servicer for deposit into the Loss of Value Reserve Fund. The Loss of Value Payment shall include the portion of any
Liquidation Fees payable to the Special Servicer in respect of such Loss of Value Payment and the portion of fees of the Asset
Representations Reviewer payable pursuant to Section 4(k) above attributable to the Asset Review of such Mortgage Loan
and not previously paid by the Mortgage Loan Seller. If such Loss of Value Payment is made, the Loss of Value Payment shall serve
as the sole remedy available to the Certificateholders and the Trustee on their behalf regarding any such Material Defect in lieu
of any obligation of the Mortgage Loan Seller to otherwise cure such Material Defect or repurchase or substitute for the affected
Mortgage Loan based on such Material Defect under any circumstances. This paragraph is intended to apply only to a mutual agreement
or settlement between the Mortgage Loan Seller and the Special Servicer on behalf of the Trust. The following terms shall apply
to any Loss of Value Payment: (i) prior to any such agreement or settlement between the Mortgage Loan Seller and the Special Servicer
nothing in this

 

    -13- 

    

    

 

paragraph
shall preclude the Mortgage Loan Seller, the Master Servicer or the Special Servicer, as applicable, from exercising any of its
rights related to a Material Defect in the manner and timing set forth in this Agreement (excluding this paragraph) or the Pooling
and Servicing Agreement (including any right to cure, repurchase or substitute for such Mortgage Loan), (ii) such Loss of Value
Payment shall not be greater than the Purchase Price of the affected Mortgage Loan; and (iii) a Material Defect as a result of
a Mortgage Loan not constituting a “qualified mortgage” within the meaning of Section 860G(a)(3) of the Code
(but without regard to the rule of Treasury Regulations Section 1.860G-2(f)(2) that causes a defective Mortgage Loan to be
treated as a “qualified mortgage”) may not be cured by a Loss of Value Payment.

 

The
Mortgage Loan Seller’s obligation to cure any Material Defect, repurchase or substitute for any affected Mortgage Loan or,
if the Mortgage Loan Seller elects to make a Loss of Value Payment, to pay the Loss of Value Payment or other required payment
pursuant to this Section 5 shall constitute the sole remedy available to the Purchaser in connection with a Material
Defect; provided, however, that no limitation of remedy is implied with respect to the Mortgage Loan Seller’s
breach of its obligation to cure, repurchase or substitute in accordance with the terms and conditions of this Agreement. It is
acknowledged and agreed that the representations and warranties are being made for risk allocation purposes.

 

The
remedies provided for in this subsection with respect to any Material Defect with respect to any Mortgage Loan shall also apply
to the related REO Property before the sale of the related REO Property.

 

If
any Breach that constitutes a Material Defect pertains to a representation or warranty that the related Mortgage Loan documents
or any particular Mortgage Loan document requires the related Mortgagor to bear the costs and expenses associated with any particular
action or matter under such Mortgage Loan document(s), then the Mortgage Loan Seller shall cure such Breach within the applicable
cure period (as the same may be extended) by reimbursing the Trust (by wire transfer of immediately available funds) for (i) the
reasonable amount of any such costs and expenses incurred by the Master Servicer, the Special Servicer, the Certificate Administrator,
the Trustee or the Trust that are incurred as a result of such Breach and have not been reimbursed by the related Mortgagor and
(ii) the amount of any fees payable pursuant to Section 4(k) above to the extent not previously paid by the Mortgage Loan
Seller to the Asset Representations Reviewer attributable to the Asset Review of such Mortgage Loan; provided that in the
event any such costs and expenses exceed $10,000, the Mortgage Loan Seller shall have the option to either repurchase or substitute
for the related Mortgage Loan as provided above or pay such costs and expenses[; provided, further, that if the
Breach related to the [MORTGAGE LOAN], [NAME OF CO-SELLER] shall be responsible for [NAME OF CO-SELLER PERCENTAGE INTEREST IN
MORTGAGE LOAN]% of all such related costs and expenses, unless such Breach relates solely to the promissory note[s] being sold
by the Mortgage Loan Seller]. Except as provided in the proviso to the immediately preceding sentence, the Mortgage Loan Seller
shall remit the amount of such costs and expenses to the Special Servicer for disbursement to the applicable Persons and upon
its making such remittance, the Mortgage Loan Seller shall be deemed to have cured such Breach in all respects. To the extent
any fees or expenses that are the subject of a cure by the Mortgage Loan Seller are subsequently obtained from the related Mortgagor,
the portion of the cure payment made by the Mortgage Loan Seller

 

    -14- 

    

    

 

equal
to such fees or expenses obtained from the related Mortgagor shall promptly be returned to the Mortgage Loan Seller.

 

Notwithstanding
anything contained in this Agreement or the Pooling and Servicing Agreement, a delay in either the discovery of a Material Defect
or in providing notice of such Material Defect shall relieve the Mortgage Loan Seller of its obligation to repurchase or substitute
for the related Mortgage Loan under this Agreement if (i) the Mortgage Loan Seller did not otherwise discover or have knowledge
of such Material Defect, (ii) such delay is a result of the failure by the Purchaser or any other party to the Pooling and Servicing
Agreement to provide prompt notice as required by the terms of this Agreement or the Pooling and Servicing Agreement after such
party has actual knowledge of such Material Defect (it being understood that knowledge shall not be deemed to exist by reason
of the Custodial Exception Report or possession of the Mortgage File), (iii) such Material Defect does not relate to the applicable
Mortgage Loan not being a “qualified mortgage” within the meaning of Code Section 860G(a)(3), but without regard to
the rule of Treasury Regulations Section 1.860G-2(f)(2) that causes a defective obligation to be treated as a qualified mortgage,
and (iv) such delay precludes the Mortgage Loan Seller from curing such Material Defect. Notwithstanding anything contained in
this Agreement, if a Mortgage Loan is not secured by a Mortgaged Property that is, in whole or in part, a hotel, restaurant (operated
by a borrower), healthcare facility, nursing home, assisted living facility, self-storage facility, theater or fitness center
(operated by a Mortgagor), then the failure to deliver copies of the UCC financing statements with respect to such Mortgage Loan
pursuant to Section 2 hereof shall not be a Material Defect.

 

If
there is a Material Defect with respect to one or more Mortgaged Properties securing a Mortgage Loan, the Mortgage Loan Seller
shall not be obligated to repurchase the Mortgage Loan if (i) the affected Mortgaged Property may be released pursuant to the
terms of any partial release provisions in the related Mortgage Loan documents (and such Mortgaged Property is, in fact, released),
(ii) the remaining Mortgaged Property(ies) satisfy the requirements, if any, set forth in the Mortgage Loan documents and the
Mortgage Loan Seller provides an Opinion of Counsel to the effect that such release would not cause an Adverse REMIC Event and
(iii) each applicable Rating Agency has provided a Rating Agency Confirmation.

 

(b)              
Whenever one or more Qualified Substitute Mortgage
Loans are substituted for a Defective Loan by the Responsible Repurchase Party as contemplated by this Section 5,
upon direction by the Master Servicer or the Special Servicer, as applicable, the Responsible Repurchase Party shall deliver to
the Custodian the related Mortgage File and a certification to the effect that such Qualified Substitute Mortgage Loan satisfies
or such Qualified Substitute Mortgage Loans satisfy, as the case may be, all of the requirements of the definition of “Qualified
Substitute Mortgage Loan” in the Pooling and Servicing Agreement. No mortgage loan may be substituted for a Defective Loan
as contemplated by this Section 5 if the Mortgage Loan to be replaced was itself a Qualified Substitute Mortgage Loan,
in which case, absent a cure of the relevant Material Defect, the affected Mortgage Loan will be required to be repurchased as
contemplated hereby. Periodic Payments due with respect to each Qualified Substitute Mortgage Loan (if any) after the related
date of substitution, and Periodic Payments due with respect to each corresponding Deleted Mortgage Loan (if any) after its respective
Cut-

 

    -15- 

    

    

 

off
Date and on or prior to the related date of substitution, shall be part of the Trust Fund. Periodic Payments due with respect
to each Qualified Substitute Mortgage Loan (if any) on or prior to the related date of substitution, and Periodic Payments due
with respect to each corresponding Defective Loan that is purchased or repurchased, as the case may be, or replaced with one or
more Qualified Substitute Mortgage Loans (any such Mortgage Loan, a “Deleted Mortgage Loan”) (if any) after
the related date of substitution, shall not be part of the Trust Fund and are to be remitted by the Master Servicer to the Responsible
Repurchase Party promptly following receipt.

 

If
any Mortgage Loan is to be repurchased or replaced as contemplated by this Section 5, upon direction by the Master
Servicer or the Special Servicer, as applicable, the Mortgage Loan Seller shall amend the Mortgage Loan Schedule to reflect the
removal of any Deleted Mortgage Loan and, if applicable, the substitution of the related Qualified Substitute Mortgage Loan(s)
and deliver or cause the delivery of such amended Mortgage Loan Schedule to the parties to the Pooling and Servicing Agreement.
Upon any substitution of one or more Qualified Substitute Mortgage Loans for a Deleted Mortgage Loan, such Qualified Substitute
Mortgage Loan(s) shall become part of the Trust Fund and be subject to the terms of this Agreement in all respects.

 

If
any Mortgage Loan that is part of a Crossed Mortgage Loan Group is required to be repurchased or substituted, the provisions of
Section 2.03(h), Section 2.03(i) and Section 2.03(j) of the Pooling and Servicing Agreement shall apply.

 

(c)               
The Responsible Repurchase Party shall be entitled,
and the Purchaser shall cause the Pooling and Servicing Agreement to entitle the Responsible Repurchase Party, upon the date when
the full amount of the Purchase Price or Substitution Shortfall Amount (as the case may be) for any Mortgage Loan repurchased
or replaced as contemplated by this Section 5 has been deposited in the account designated therefor by the Trustee
as the assignee of the Purchaser (or the Master Servicer on behalf of the Trustee) and, if applicable, receipt by the Trustee
as the assignee of the Purchaser (or the Custodian) of the Mortgage File for each Qualified Substitute Mortgage Loan (if any)
to be substituted for a Deleted Mortgage Loan, together with any certifications and/or opinions required pursuant to this Section 5
to be delivered by the Responsible Repurchase Party, to (i) a release of the Mortgage File and any other items required
to be delivered by the Mortgage Loan Seller under Sections 2.01(b) and (c) of the Pooling and Servicing Agreement for the
Deleted Mortgage Loan to the Responsible Repurchase Party or its designee, (ii) the execution and delivery of such instruments
of release, transfer and/or assignment, in each case without recourse, as shall be prepared by the Responsible Repurchase Party
and are reasonably necessary to vest in the Responsible Repurchase Party or its designee the legal and beneficial ownership of
such Deleted Mortgage Loan (including property acquired in respect thereof and proceeds of any insurance policy with respect thereto),
and (iii) the execution and delivery of notice to the affected Mortgagor of the retransfer of such Deleted Mortgage Loan.
In connection with any such repurchase or substitution by the Responsible Repurchase Party, the Purchaser shall also cause the
Pooling and Servicing Agreement to require each of the Master Servicer and the Special Servicer to deliver to the Responsible
Repurchase Party or its designee, and the Responsible Repurchase Party or its designee shall be entitled to delivery from the
Master Servicer and the Special Servicer of, any

 

    -16- 

    

    

 

portion
of the related Servicing File, together with any Escrow Payments, reserve funds and any other items required to be delivered by
the Mortgage Loan Seller under Sections 2.01(b) and (c) of the Pooling and Servicing Agreement, held by or on behalf of the
Master Servicer or the Special Servicer, as the case may be, with respect to the Deleted Mortgage Loan, in each case at the expense
of the Responsible Repurchase Party.

 

(d)              
[Reserved.]

 

(e)              
The Mortgage Loan Seller acknowledges and agrees
that the Purchaser shall have no liability to the Mortgage Loan Seller for any failure of the Mortgage Loan Seller or any other
party to the Pooling and Servicing Agreement (other than the Purchaser itself) to perform its obligations provided for thereunder.

 

(f)              
The Mortgage Loan Seller (to the extent it receives
any request or demand, whether oral or written, that a Mortgage Loan be repurchased or replaced, whether arising from a Material
Defect or other breach of a representation or warranty, such recipient a “Seller Request Recipient” and such
request or demand, a “Repurchase Request”) agrees to provide to the Purchaser: (i) written notice of any
Repurchase Request, which notice will specify if such Repurchase Request is a 15Ga-1 Notice; (ii) written notice of (A) the
existence of any dispute regarding such Repurchase Request, whether written or oral, between such Seller Request Recipient and
the Person making such Repurchase Request, (B) the expiration of any applicable Initial Cure Period, or, if applicable, any
Extended Cure Period, (C) the withdrawal of such Repurchase Request by the Person making such Repurchase Request, (D) the
rejection of such Repurchase Request by the Seller Request Recipient and (E) the repurchase or replacement of any Mortgage
Loan pursuant to this Section 5 and Section 2.03 of the Pooling and Servicing Agreement; and (iii) upon
reasonable request of the Purchaser (subject to Section 5(g)), such other information in the Seller Request Recipient’s
possession as would be necessary to permit the Purchaser to comply with its obligations under Rule 15Ga-1 under the Exchange
Act to disclose fulfilled and unfulfilled repurchase or replacement requests or demands of any Person relating to any Mortgage
Loan or to comply with any other obligations applicable to it under law or regulation.

 

Each
notice required to be delivered pursuant to this Section 5(f) may be delivered by electronic means. Each notice required
to be delivered pursuant to clauses (i) and (ii) of the immediately preceding paragraph shall be given not
later than the tenth (10th) Business Day after the event giving rise to the requirement for such notice and any
information requested pursuant to clause (iii) of the immediately preceding paragraph shall be provided as promptly
as practicable after such request is made. Each notice required to be delivered pursuant to clause (i) of the immediately
preceding paragraph shall identify (a) the date on which such Repurchase Request was made, (b) the Mortgage Loan with
respect to which such Repurchase Request was made, (c) the identity of the Person making such request, and (d) the basis,
if any, asserted for such request by such Person. Each notice required to be delivered pursuant to clause (ii) of
the immediately preceding paragraph shall identify (a) the date of such withdrawal, rejection, repurchase or replacement,
or the date of the commencement of such dispute, as applicable, (b) if pertaining to a dispute, the nature of such dispute,
(c) if pertaining to the expiration of an Initial Cure Period or an Extended Cure Period, the expiration date of such Initial
Cure Period or, if applicable, an Extended Cure Period, (d) if pertaining to a withdrawal, the basis for such

 

    -17- 

    

    

 

withdrawal
given to the Seller Request Recipient or an indication that no basis was given by the Person withdrawing such Repurchase Request,
(e) if pertaining to a rejection by the Seller Request Recipient, the basis for the Seller Request Recipient’s rejection
and (f) if pertaining to a repurchase or replacement, the date of such repurchase or replacement.

 

(g)              
Each of the Mortgage Loan Seller and the Purchaser
acknowledge and agree that (i) a Repurchase Request Recipient under the Pooling and Servicing Agreement will not, in connection
with providing the Mortgage Loan Seller or the Purchaser with any 15Ga-1 Notice under the Pooling and Servicing Agreement, be
required to deliver any attorney-client privileged communication or any information protected by the attorney work product doctrine,
(ii) any 15Ga-1 Notice delivered to the Mortgage Loan Seller or the Purchaser under the Pooling and Servicing Agreement is
provided only to assist the Mortgage Loan Seller, the Purchaser and any of their respective Affiliates in complying with Rule 15Ga-1,
Items 1104 and 1121 of Regulation AB and/or any other law or regulation, (iii) (A) no action taken by, or inaction
of, a Repurchase Request Recipient and (B) no information provided to the Mortgage Loan Seller or the Purchaser pursuant
to Section 2.02(g) of the Pooling and Servicing Agreement by a Repurchase Request Recipient, shall be deemed to constitute
a waiver or defense to the exercise of any legal right the Repurchase Request Recipient may have with respect to this Agreement
or the Pooling and Servicing Agreement and (iv) receipt of a 15Ga-1 Notice or delivery of any notice required to be delivered
pursuant to Section 5(f) shall not in and of itself constitute delivery, or receipt, of notice of any Material Defect
or knowledge on the part of the Mortgage Loan Seller or Responsible Repurchase Party of any Material Defect or admission by the
Mortgage Loan Seller or Responsible Repurchase Party of the existence of any Material Defect.

 

(h)              
The Mortgage Loan Seller shall provide to the
Purchaser relevant portions of any Form ABS-15G that the Mortgage Loan Seller is required to file with the Commission pursuant
to Rule 15Ga-1 under the Exchange Act (only to the extent that such portions relate to any Repurchase Request with respect to
any Mortgage Loan) on or before the date that is five (5) Business Days prior to the date such Form ABS-15G is required to
be filed with the Commission. Promptly upon request, the Purchaser shall provide or cause to be provided to the Mortgage Loan
Seller such information regarding the principal balance of any Mortgage Loan as is necessary in order for the Mortgage Loan Seller
to prepare any such Form ABS-15G.

 

(i)               
The Purchaser shall provide to the Mortgage Loan
Seller any relevant portions of any Form ABS-15G that the Purchaser is required to file with the Commission pursuant to Rule 15Ga-1
under the Exchange Act (only to the extent that such portions relate to any Mortgage Loan and that was not provided by the Mortgage
Loan Seller) on or before the date that is five (5) Business Days prior to the date such Form ABS-15G is required to be filed
with the Commission. The Trust’s CIK# is [TRUST NUMBER].

 

Section
6.                Closing.
The closing of the sale of the Mortgage Loans (the “Closing”) shall be held at the offices of special counsel
to the Purchaser at [TIME], New York City time, on the Closing Date.

 

    -18- 

    

    

 

The
Closing shall be subject to each of the following conditions:

 

(i)             
All of the representations and warranties of
the Mortgage Loan Seller and the Purchaser made pursuant to Section 4 of this Agreement shall be true and correct
in all material respects as of the Closing Date (or as of such other specific date expressly contemplated by any such representation
or warranty);

 

(ii)            
All documents specified in Section 7
of this Agreement (the “Closing Documents”), in such forms as are agreed upon and reasonably acceptable
to the Purchaser and, in the case of the Pooling and Servicing Agreement (insofar as such Agreement affects the obligations of
the Mortgage Loan Seller hereunder or the rights of the Mortgage Loan Seller as a third-party beneficiary thereunder), to the
Mortgage Loan Seller, shall be duly executed and delivered by all signatories as required pursuant to the respective terms thereof;

 

(iii)           
The Mortgage Loan Seller shall have delivered
and released to the Purchaser or its designee, all documents, funds and other assets required to be delivered thereto on or before
the Closing Date pursuant to Section 2 of this Agreement;

 

(iv)          
The result of any examination of the Mortgage
Files for, and any other documents and records relating to, the Mortgage Loans performed by or on behalf of the Purchaser pursuant
to Section 3 hereof shall be satisfactory to the Purchaser in its reasonable determination;

 

(v)            
All other terms and conditions of this Agreement
required to be complied with on or before the Closing Date shall have been complied with in all material respects, and each of
the Mortgage Loan Seller and the Purchaser shall have the ability to comply with all terms and conditions and perform all duties
and obligations required to be complied with or performed by it after the Closing Date;

 

(vi)           
The Mortgage Loan Seller shall have paid all
fees and expenses payable by it to the Purchaser or otherwise pursuant to this Agreement;

 

(vii)          
The Mortgage Loan Seller shall have received
the purchase price for the Mortgage Loans, as contemplated by Section 1 of this Agreement;

 

(viii)         
Neither the Underwriting Agreement nor the Certificate
Purchase Agreement shall have been terminated in accordance with its terms;

 

(ix)           
The Commission shall not have issued any stop
order suspending the effectiveness of the Purchaser’s Registration Statement; and

 

(x)            
Prior to the delivery of the Preliminary Prospectus
to investors, an officer of the Mortgage Loan Seller shall have delivered to the Depositor a sub-certification of the Mortgage
Loan Seller (the “Mortgage Loan Seller Sub-Certification”), a form of which is attached hereto as Exhibit
F, to the certification provided by the Chief Executive Officer of the Depositor to the Securities and Exchange Commission
pursuant

 

    -19- 

    

    

 

to
Regulation AB and such officer of the Mortgage Loan Seller shall have on behalf of the Mortgage Loan Seller (i) prior to the time
of pricing of the Certificates, reconfirmed in writing (which writing may be in e-mail form) the statements made in the Mortgage
Loan Seller Sub-Certification and (ii) prior to the delivery of the Prospectus to investors, reconfirmed in writing (which writing
may be in e-mail form) as to the statements made in the Mortgage Loan Seller Sub-Certification.

 

Each
of the parties agrees to use its commercially reasonable best efforts to perform its respective obligations hereunder in a manner
that will enable the Purchaser to purchase the Mortgage Loans on the Closing Date.

 

Section
7.                Closing
Documents. The Purchaser or its designee shall have received all of the following Closing Documents, in such forms as are
agreed upon and acceptable to the Purchaser, the Underwriters, the Initial Purchasers and the Rating Agencies (collectively, the
“Interested Parties”), as applicable:

 

(i)             
This Agreement, duly executed by the Purchaser
and the Mortgage Loan Seller;

 

(ii)            
Each of the Pooling and Servicing Agreement and
the Indemnification Agreement, duly executed by the respective parties thereto;

 

(iii)           
An Officer’s Certificate substantially
in the form of Exhibit D-1 hereto, executed by a duly authorized officer of the Mortgage Loan Seller, in his or her individual
capacity, and dated the Closing Date, and upon which the Interested Parties may rely, attaching thereto as exhibits (A) the
resolutions of the board of directors of the Mortgage Loan Seller authorizing the Mortgage Loan Seller’s entering into the
transactions contemplated by this Agreement and the Indemnification Agreement, and (B) the organizational documents of the
Mortgage Loan Seller;

 

(iv)           
A certificate of good standing with respect to
the Mortgage Loan Seller issued by the [Secretary of State of the State of [STATE]], dated not earlier than thirty (30) days
prior to the Closing Date, and upon which the Interested Parties may rely;

 

(v)            
A certificate of the Mortgage Loan Seller substantially
in the form of Exhibit D-2 hereto, executed by an executive officer of the Mortgage Loan Seller on the Mortgage Loan Seller’s
behalf and dated the Closing Date, and upon which the Interested Parties may rely;

 

(vi)          
A written opinion of in-house or independent
counsel for the Mortgage Loan Seller, dated the Closing Date and addressed to the Interested Parties and the Trustee, relating
to the Mortgage Loan Seller’s due authorization, execution and delivery of this Agreement and the Indemnification Agreement;

 

(vii)         
A written opinion of special counsel for the
Mortgage Loan Seller, dated the Closing Date and addressed to the Interested Parties and the Trustee, relating to the enforceability
of this Agreement against the Mortgage Loan Seller, except as such

 

    -20- 

    

    

 

enforceability may be limited by (A) laws relating to
bankruptcy, insolvency, reorganization,
receivership or moratorium, (B) other laws relating to or affecting the rights of creditors generally, (C) general equity
principles (regardless of whether such enforcement is considered in a proceeding in equity or at law) or (D) public policy
considerations underlying the securities laws, to the extent that such public policy considerations limit the enforceability of
the provisions of this Agreement that purport to provide indemnification from liabilities under applicable securities laws;

 

(viii)        
A letter from special counsel for the Mortgage
Loan Seller, dated the Closing Date and addressed to the Purchaser, the Underwriters (only with respect to the Preliminary Prospectus)
and the Initial Purchasers (only with respect to the Preliminary Private Placement Memorandum), relating to the information regarding
the Mortgage Loans set forth in agreed upon sections of the Preliminary Prospectus and in the Preliminary Private Placement Memorandum
(as the same may be amended or supplemented on or before the pricing date for the Certificates) substantially to the effect that
nothing has come to such special counsel’s attention that would lead such special counsel to believe that the agreed upon
portions of the Preliminary Prospectus or the Preliminary Private Placement Memorandum, at the time when sales to purchasers of
the Certificates were first made, contained, with respect to the Mortgage Loan Seller or the Mortgage Loans, any untrue statement
of a material fact or omitted to state a material fact necessary in order to make the statements therein relating to the Mortgage
Loan Seller or the Mortgage Loans, the related borrowers or the related Mortgaged Properties, in the light of the circumstances
under which they were made, not misleading;

 

(ix)           
A letter from special counsel for the Mortgage
Loan Seller, dated the Closing Date and addressed to the Purchaser, the Underwriters (only with respect to the Prospectus) and
the Initial Purchasers (only with respect to the Private Placement Memorandum), relating to the information regarding the Mortgage
Loans set forth in agreed upon sections of the Prospectus and the Private Placement Memorandum (as the case may be and as the
same may be amended or supplemented on or before the Closing Date) substantially to the effect that (a) nothing has come
to such special counsel’s attention that would lead such special counsel to believe that the agreed upon portions of the
Prospectus or the Private Placement Memorandum (as applicable) as of the date thereof or as of the Closing Date contained or contains,
with respect to the Mortgage Loan Seller or the Mortgage Loans, the related borrowers or the related Mortgaged Properties, any
untrue statement of a material fact or omits to state a material fact necessary in order to make the statements therein relating
to the Mortgage Loan Seller or the Mortgage Loans, in the light of the circumstances under which they were made, not misleading
and (b) that, with respect to information regarding the Mortgage Loan Seller and the Mortgage Loans, the related borrowers
or the related Mortgaged Properties, the agreed-upon portions of the Prospectus are appropriately responsive in all material respects
to the applicable requirements of Regulation AB as of the date hereof;

 

(x)            
Copies of all other opinions rendered by counsel
for the Mortgage Loan Seller to the Rating Agencies in connection with the transactions contemplated by this Agreement, including,
but not limited to, with respect to the characterization of the

 

    -21- 

    

    

 

transfer
of the Mortgage Loans hereunder as a true sale, with each such opinion to be addressed to the other Interested Parties and the
Trustee or accompanied by a letter signed by such counsel stating that the other Interested Parties and the Trustee may rely on
such opinion as if it were addressed to them as of date thereof;

 

(xi)           
One or more agreed-upon procedures letters from
a nationally recognized firm of certified public accountants acceptable to the Underwriters and the Initial Purchasers, dated
(A) the date of the Preliminary Prospectus and the Preliminary Private Placement Memorandum, and (B) the date of the
Prospectus and the Private Placement Memorandum, respectively, and addressed to, and in form and substance acceptable to, the
Interested Parties (other than the Rating Agencies), stating in effect that, using the assumptions and methodology used by the
Mortgage Loan Seller, the Purchaser, the Underwriters or the Initial Purchasers, as applicable, all of which shall be described
in such letters, and which shall include a comparison of certain mortgage loan-related documents to the information set forth
in the Master Tape (as defined in the Indemnification Agreement), they have recalculated such numbers and percentages relating
to the Mortgage Loans set forth in the Preliminary Prospectus and the Preliminary Private Placement Memorandum, and set forth
in the Prospectus and the Private Placement Memorandum, respectively, and have compared the results of their calculations to the
corresponding items in the Preliminary Prospectus and the Preliminary Private Placement Memorandum, and in the Prospectus and
the Private Placement Memorandum, respectively, and found each such number and percentage set forth in the Preliminary Prospectus
and the Preliminary Private Placement Memorandum, and in the Prospectus and the Private Placement Memorandum, respectively, to
be in agreement with the results of such calculations;

 

(xii)          
If any of the Certificates are “mortgage
related securities” within the meaning of the Secondary Mortgage Market Enhancement Act of 1984, as amended, a certificate
of the Mortgage Loan Seller regarding origination of the Mortgage Loans by specified originators as set forth in Section 3(a)(41)
of the Exchange Act; and

 

(xiii)         
Such further certificates, opinions and documents
as the Purchaser may reasonably request or any Rating Agency may require.

 

Section
8.               Additional
Reporting Under Regulation AB. With respect to any period during which the Trust is subject to the reporting requirements
of the Exchange Act, the Mortgage Loan Seller shall provide to the Purchaser and the Certificate Administrator any information
that constitutes “Additional Form 10-D Information” or “Additional Form 10-K Information”
but only if and to the extent that the Mortgage Loan Seller (or any originator of the Mortgage Loans sold by the Mortgage Loan
Seller to the Depositor, if such originator constitutes an “originator” contemplated by Item 1110(b) of Regulation
AB and such information is required to be reported with respect to such originator) is the applicable “Party Responsible”
(solely in its capacity as a sponsor or originator (or as successor in interest to any predecessor originator), within the meaning
of Regulation AB, of any Mortgage Loans) under the terms of Exhibit AA or Exhibit BB to the Pooling and Servicing Agreement (it
being acknowledged that the Mortgage Loan Seller (solely in its capacity as a sponsor or originator (or as successor in interest
to any predecessor originator), within the meaning of Regulation AB, of any Mortgage

 

    -22- 

    

    

 

Loans)
does not constitute the “Party Responsible” for any “Form 8-K Information” set forth on Exhibit
CC of the Pooling and Servicing Agreement). In each case, such delivery shall be made in a form readily convertible to an
EDGAR compatible form, or in such other form as otherwise agreed by the Purchaser, the Certificate Administrator and the
Mortgage Loan Seller. In each case, such delivery shall be made not later than five (5) calendar days after the related
Distribution Date (in the case of any such “Additional Form 10-D Information”), and no later than
March 1 of each year subsequent to the fiscal year that the Trust is subject to the Exchange Act reporting requirements
(in the case of any such “Additional Form 10-K Information”). In no event shall the Mortgage Loan
Seller be required to provide any information that is not required to be reported on Form 10-D or Form 10-K, as
the case may be, under the Exchange Act and the rules and regulations of the Commission thereunder. The obligation of
Mortgage Loan Seller to provide the above-referenced disclosure materials shall be suspended (for so long as neither the
Trust nor, with respect to any Serviced Companion Loan related to a Serviced Pari Passu Mortgage Loan sold to the Trust by
Seller, the trust in the related Other Securitization, is subject to the reporting requirements of the Exchange Act), as to
any fiscal year, upon the Certificate Administrator or the Trustee, as applicable, filing the form necessary to be filed with
the Commission to suspend the Trust’s reporting obligations under the Exchange Act as to that fiscal year in accordance
with Section 11.08 of the Pooling and Servicing Agreement or the reporting requirements with respect to the Trust under the
Exchange Act have otherwise been automatically suspended; provided that for the avoidance of doubt, the suspension of
such information reporting does not apply to information that is required to be provided for the fiscal year prior to
suspension of the Trust’s reporting requirements under the Exchange Act (including Additional
Form 10-K Information required to be disclosed on the Form 10-K related to the fiscal year preceding the year in
which the form necessary to be filed with the Commission to suspend the Trust’s reporting obligations under the
Exchange Act was filed). The Purchaser or the Certificate Administrator shall provide the Mortgage Loan Seller with notice
(which notice may be sent via facsimile or by e-mail) if the Certificate Administrator or the Trustee, as applicable, does
file the form necessary to be filed with the Commission to suspend the Trust’s reporting obligations under the Exchange
Act pursuant to Section 11.08 of the Pooling and Servicing Agreement.

 

Section
9.                Costs.
Whether or not this Agreement is terminated, the Mortgage Loan Seller will pay its pro rata share (the Mortgage Loan
Seller’s pro rata portion to be determined according to the percentage that the aggregate Cut-off Date Balance
of all the Mortgage Loans represents as to the aggregate Cut-off Date Balance of all the mortgage loans of the Trust Fund
(the “Cut-off Date Pool Balance”)) of all costs and expenses of the Purchaser in connection with the transactions
contemplated herein, including, but not limited to: (i) the costs and expenses of the Purchaser in connection with the purchase
of the Mortgage Loans; (ii) the costs and expenses of reproducing and delivering the Pooling and Servicing Agreement and
printing (or otherwise reproducing) and delivering the Certificates; (iii) the reasonable and documented set-up fees, costs
and expenses of the Trustee, the Certificate Administrator and their respective counsel; (iv) the fees and disbursements
of a firm of certified public accountants selected by the Purchaser and the Mortgage Loan Seller with respect to numerical information
in respect of the Mortgage Loans and the Certificates included in the Preliminary Prospectus, the Preliminary Private Placement
Memorandum, the Prospectus and the Private Placement Memorandum or any other marketing materials or structural and collateral
term sheets (or any

 

    -23- 

    

    

 

similar
item), including the cost of obtaining any agreed-upon procedures letters with respect to such items; (v) the costs and expenses
in connection with the qualification or exemption of the Certificates under state securities or blue sky laws, including filing
fees and reasonable fees and disbursements of counsel in connection therewith; (vi) the costs and expenses in connection
with any determination of the eligibility of the Certificates for investment by institutional investors in any jurisdiction and
the preparation of any legal investment survey, including reasonable fees and disbursements of counsel in connection therewith;
(vii) the costs and expenses in connection with printing (or otherwise reproducing) and delivering this Agreement and the
furnishing to the Underwriters or the Initial Purchasers, as applicable, of such copies of the Preliminary Prospectus, the Preliminary
Private Placement Memorandum, the Prospectus and the Private Placement Memorandum or any other marketing materials or structural
and collateral term sheets (or any similar item) and this Agreement as the Underwriters and the Initial Purchasers may reasonably
request; (viii) the fees of the rating agency or agencies engaged to consider rating the Certificates or hired and requested
to rate the Certificates; (ix) all registration fees incurred by the Purchaser in connection with the filing of its Registration
Statement allocable to the issuance of the Registered Certificates; (x) the upfront fee payable to the Asset Representations Reviewer
on the Closing Date in the amount agreed by the parties hereto; and (xi) the reasonable fees and expenses of special counsel
to the Purchaser.

 

Section
10.              Notices.
All demands, notices and communications hereunder shall be in writing and shall be deemed to have been duly given if personally
delivered to or mailed, by registered mail, postage prepaid, by overnight mail or courier service, or transmitted by facsimile
and confirmed by similar mailed writing, (i) if to the Purchaser, addressed to UBS Commercial
Mortgage Securitization Corp., 1285 Avenue of the Americas, New York, New York 10019, or
(ii) if to Seller, addressed to [MORTGAGE LOAN SELLER], Attention: [NAME], e-mail: [EMAIL ADDRESS] (facsimile number: [FAX
NUMBER], or such other address as may be designated by the Mortgage Loan Seller to the Purchaser in writing.

 

Section
11.             Miscellaneous.
Neither this Agreement nor any term or provision hereof may be changed, waived, discharged or terminated except by a writing signed
by a duly authorized officer of the party against whom enforcement of such change, waiver, discharge or termination is sought
to be enforced. This Agreement may be executed in any number of counterparts, each of which shall for all purposes be deemed to
be an original and all of which shall together constitute but one and the same instrument. Delivery of an executed counterpart
of a signature page of this Agreement in Portable Document Format (PDF) or by facsimile transmission shall be as effective as
delivery of a manually executed original counterpart of this Agreement. This Agreement will inure to the benefit of and be binding
upon the parties hereto and their respective successors and assigns, and no other person (other than an identified third-party
beneficiary) will have any right or obligation hereunder. The Mortgage Loan Seller shall be an express third-party beneficiary
to the Pooling and Servicing Agreement to the extent set forth therein. The Asset Representations Reviewer shall be an express
third-party beneficiary of Sections 4(h), 4(j), and 4(k) of this Agreement.

 

Section
12.              Representations,
Warranties and Agreements to Survive Delivery. All representations, warranties and agreements contained in this Agreement,
incorporated herein by reference or contained in the certificates of officers of the Mortgage Loan Seller delivered

 

    -24- 

    

    

 

pursuant
hereto, shall remain operative and in full force and effect and shall survive delivery of the Mortgage Loans by the Mortgage Loan
Seller to the Purchaser and by the Purchaser to the Trust, notwithstanding any restrictive or qualified endorsement or assignment
in respect of any Mortgage Loan.

 

Section
13.              Severability
of Provisions. Any part, provision, representation, warranty or covenant of this Agreement that is prohibited or is held to
be void or unenforceable shall be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining
provisions hereof. Any part, provision, representation, warranty or covenant of this Agreement that is prohibited or is held to
be void or unenforceable in any particular jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition
or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any
particular jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. To the extent permitted
by applicable law, the parties hereto waive any provision of law which prohibits or renders void or unenforceable any provision
hereof.

 

Section
14.            Governing
Law; Consent to Jurisdiction; Waiver of Trial by Jury. THIS AGREEMENT AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER
OR RELATED TO OR IN CONNECTION WITH THE AGREEMENT, THE RELATIONSHIP OF THE PARTIES, AND/OR THE INTERPRETATION AND ENFORCEMENT
OF THE RIGHTS AND DUTIES OF THE PARTIES WILL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO ANY CONFLICTS
OF LAW PRINCIPLES OTHER THAN SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW. TO THE FULLEST EXTENT PERMITTED UNDER
APPLICABLE LAW, EACH OF THE PURCHASER AND THE MORTGAGE LOAN SELLER HEREBY IRREVOCABLY (I) SUBMITS TO THE JURISDICTION OF
ANY NEW YORK STATE AND FEDERAL COURTS SITTING IN THE BOROUGH OF MANHATTAN IN NEW YORK CITY WITH RESPECT TO MATTERS ARISING OUT
OF OR RELATING TO THIS AGREEMENT; (II) AGREES THAT ALL CLAIMS WITH RESPECT TO ANY ACTION OR PROCEEDING REGARDING SUCH MATTERS
MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE OR FEDERAL COURTS; (III) WAIVES, TO THE FULLEST POSSIBLE EXTENT, WITH
RESPECT TO SUCH COURTS, THE DEFENSE OF AN INCONVENIENT FORUM; (IV) AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING
SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW;
AND (V) WAIVES TO THE EXTENT PERMITTED BY APPLICABLE LAW ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, CLAIM, SUIT, PROCEEDING
OR COUNTERCLAIM (WHETHER BASED UPON CONTRACT, TORT OR OTHERWISE) RELATING TO OR ARISING OUT OF THIS AGREEMENT.

 

Section
15.              Further
Assurances. The Mortgage Loan Seller and the Purchaser each agrees to execute and deliver such instruments and take such further
actions as any other party hereto may, from time to time, reasonably request in order to effectuate the purposes and to carry
out the terms of this Agreement.

 

    -25- 

    

    

 

Section
16.              Successors
and Assigns. The rights and obligations of the Mortgage Loan Seller under this Agreement shall not be assigned by the Mortgage
Loan Seller without the prior written consent of the Purchaser, except that any person into which the Mortgage Loan Seller may
be merged or consolidated, or any person resulting from any merger, conversion or consolidation to which the Mortgage Loan Seller
is a party, or any person succeeding to all or substantially all of the business of the Mortgage Loan Seller, shall be the successor
to the Mortgage Loan Seller hereunder. In connection with its transfer of the Mortgage Loans to the Trust as contemplated by the
recitals hereto, the Purchaser is expressly authorized to assign its rights and obligations under this Agreement (other than its
rights and obligations under Sections 4(d) and 4(g)), in whole or in part, to the Trustee for the benefit of the
registered holders and beneficial owners of the Certificates. To the extent of any such assignment, the Trustee, for the benefit
of the registered holders and beneficial owners of the Certificates, shall be the Purchaser hereunder. Subject to the foregoing,
this Agreement shall bind and inure to the benefit of and be enforceable by the Mortgage Loan Seller and the Purchaser, and their
respective successors and permitted assigns.

 

Section
17.              Information.
The Mortgage Loan Seller shall provide the Purchaser with such information about itself, the Mortgage Loans and the underwriting
and servicing procedures applicable to the Mortgage Loans as is (i) required under the provisions of Regulation AB, (ii) required
by a Rating Agency or a governmental agency or body or (iii) reasonably requested by the Purchaser for use in a private disclosure
document.

 

Section
18.              Entire
Agreement. This Agreement constitutes the entire agreement and understanding of the parties with respect to the matters addressed
herein, and this Agreement supersedes any prior agreements and/or understandings, written or oral, with respect to such matters;
provided, however, that in no event shall this provision be construed to limit the effect of the Indemnification
Agreement or the memorandum of understanding dated [MOU DATE] between the Mortgage Loan Seller, the Purchaser and certain other
parties or any separate acknowledgments and agreements executed and delivered pursuant to such memorandum of understanding.

 

[SIGNATURE
PAGE FOLLOWS]

 

    -26- 

    

    

 

IN
WITNESS WHEREOF, the Mortgage Loan Seller and the Purchaser have caused this Agreement to be duly executed by their respective
officers as of the day and year first above written.

 

	 	[MORTGAGE
    LOAN SELLER]
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

	 	By:	 
	 	 	Name:
	 	 	Title:

 

	 	UBS COMMERCIAL MORTGAGE SECURITIZATION
    CORP.
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

	 	By:	 
	 	 	Name:
	 	 	Title:

 

UBS
20[__]-[SERIES NUMBER] – MLPA ([MORTGAGE LOAN SELLER]) 

 

     

    

    

 

EXHIBIT
A

 

MORTGAGE
LOAN SCHEDULE

 

    Exh. A-1

    

    

 

EXHIBIT
B-1

 

REPRESENTATIONS
AND WARRANTIES WITH RESPECT TO THE MORTGAGE LOAN SELLER

 

The
Mortgage Loan Seller hereby represents and warrants that, as of the date hereof:

 

		(a)	The
                                         Mortgage Loan Seller is a [TYPE OF ORGANIZATION] duly organized, validly existing and
                                         in good standing under the laws of the [JURISDICTION] for purposes of the UBS Commercial
                                         Mortgage Trust 20[__]-[SERIES NUMBER].

 

(b)              
The Mortgage Loan Seller’s execution and delivery of, performance under, and compliance with this Agreement, will not violate
the Mortgage Loan Seller’s organizational documents or constitute a default (or an event which, with notice or lapse of
time, or both, would constitute a default) under, or result in the breach of, any material agreement or other material instrument
to which it is a party or by which it is bound, which default or breach, in the good faith and reasonable judgment of the Mortgage
Loan Seller, is likely to affect materially and adversely the ability of the Mortgage Loan Seller to perform its obligations under
this Agreement.

 

(c)               
The Mortgage Loan Seller has the full power and authority to consummate all transactions contemplated by this Agreement, has duly
authorized the execution, delivery and performance of this Agreement and has duly executed and delivered this Agreement.

 

(d)              
This Agreement, assuming due authorization, execution and delivery by the other party or parties hereto, constitutes a valid,
legal and binding obligation of the Mortgage Loan Seller, enforceable against the Mortgage Loan Seller in accordance with the
terms hereof, except as such enforcement may be limited by (A) applicable bankruptcy, fraudulent transfer, insolvency, reorganization,
receivership, moratorium, liquidation, conservatorship and other laws affecting the enforcement of creditors’ rights generally,
(B) general principles of equity, regardless of whether such enforcement is considered in a proceeding in equity or at law,
and (C) public policy considerations.

 

(e)               
The Mortgage Loan Seller is not in violation of, and its execution and delivery of, performance under and compliance with this
Agreement will not constitute a violation of, any law, any order or decree of any court or arbiter, or any order, regulation or
demand of any federal, state or local governmental or regulatory authority, which violation, in the Mortgage Loan Seller’s
good faith and reasonable judgment, is likely to affect materially and adversely the ability of the Mortgage Loan Seller to perform
its obligations under this Agreement.

 

(f)               
No consent, approval, authorization or order of any state or federal court or governmental agency or body is required for the
consummation by the Mortgage Loan Seller of the transactions contemplated herein, except for (A) those consents, approvals,
authorizations or orders that previously have been obtained and (B) those filings and

 

    Exh. B-1-1

    

    

 

recordings
of Mortgage Loan documents and assignments thereof that are contemplated by the Pooling and Servicing Agreement to be completed
after the Closing Date.

 

(g)              
No litigation, arbitration, suit, proceeding or governmental investigation is pending or, to the best of the Mortgage Loan Seller’s
knowledge, threatened in writing against the Mortgage Loan Seller that, if determined adversely to the Mortgage Loan Seller, would
prohibit the Mortgage Loan Seller from entering into this Agreement or that, in the Mortgage Loan Seller’s good faith and
reasonable judgment, is likely to materially and adversely affect the ability of the Mortgage Loan Seller to perform its obligations
under this Agreement.

 

(h)              
The transfer of the Mortgage Loans to the Purchaser as contemplated herein is not subject to any bulk transfer or similar law
in effect in any applicable jurisdiction.

 

(i)                
The Mortgage Loan Seller is not transferring the Mortgage Loans to the Purchaser with any intent to hinder, delay or defraud its
present or future creditors.

 

(j)                
The Mortgage Loan Seller will be solvent at all relevant times prior to, and will not be rendered insolvent by, its transfer of
the Mortgage Loans to the Purchaser, as contemplated herein.

 

(k)              
After giving effect to its transfer of the Mortgage Loans to the Purchaser, as provided herein, the value of the Mortgage Loan
Seller’s assets, either taken at their present fair saleable value or at fair valuation, will exceed the amount of the Mortgage
Loan Seller’s debts and obligations, including contingent and unliquidated debts and obligations of the Mortgage Loan Seller,
and the Mortgage Loan Seller will not be left with unreasonably small assets or capital with which to engage in and conduct its
business.

 

(l)                
The Mortgage Loan Seller does not intend to, and does not believe that it will, incur debts or obligations beyond its ability
to pay such debts and obligations as they mature.

 

(m)              
No proceedings looking toward liquidation, dissolution or bankruptcy of the Mortgage Loan Seller are pending or contemplated.

 

(n)              
The principal place of business and chief executive office of the Mortgage Loan Seller is located in the State of New York.

 

(o)              
The consideration received by the Mortgage Loan Seller upon the sale of the Mortgage Loans constitutes at least fair consideration
and reasonably equivalent value for such Mortgage Loans.

 

    Exh. B-1-2

    

    

 

EXHIBIT
B-2

 

REPRESENTATIONS
AND WARRANTIES WITH RESPECT TO THE PURCHASER

 

The
Purchaser hereby represents and warrants that, as of the date hereof:

 

(a)               
The Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware.

 

(b)              
The Purchaser’s execution and delivery of, performance under, and compliance with this Agreement, will not violate the Purchaser’s
organizational documents or constitute a default (or an event which, with notice or lapse of time, or both, would constitute a
default) under, or result in the breach of, any material agreement or other material instrument to which it is a party or by which
it is bound, which default or breach, in the good faith and reasonable judgment of the Purchaser, is likely to affect materially
and adversely the ability of the Purchaser to perform its obligations under this Agreement.

 

(c)               
This Agreement, assuming due authorization, execution and delivery by the other party or parties hereto, constitutes a valid,
legal and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with the terms hereof, except as
such enforcement may be limited by (A) applicable bankruptcy, insolvency, reorganization, receivership, moratorium and other
laws affecting the enforcement of creditors’ rights generally, and (B) general principles of equity, regardless of
whether such enforcement is considered in a proceeding in equity or at law.

 

(d)              
No litigation, arbitration, suit, proceeding or governmental investigation is pending or, to the best of the Purchaser’s
knowledge, threatened against the Purchaser that, if determined adversely to the Purchaser, would prohibit the Purchaser from
entering into this Agreement or that, in the Purchaser’s good faith and reasonable judgment, is likely to materially and
adversely affect the ability of the Purchaser to perform its obligations under this Agreement.

 

(e)               
The Purchaser has the full power and authority to execute and deliver this Agreement and to consummate all transactions contemplated
by this Agreement, has duly authorized the execution, delivery and performance of this Agreement and has duly executed and delivered
this Agreement.

 

(f)               
The Purchaser is not in violation of, and its execution and delivery of, performance under and compliance with this Agreement
will not constitute a violation of, any law, any order or decree of any court or arbiter, or any order, regulation or demand of
any federal, state or local governmental or regulatory authority, which violation, in the Purchaser’s good faith and reasonable
judgment, is likely to affect materially and adversely the ability of the Purchaser to perform its obligations under this Agreement.

 

(g)              
No consent, approval, authorization or order of any state or federal court or governmental agency or body is required for the
consummation by the Purchaser of the

 

    Exh. B-2-1

    

    

 

transactions
contemplated herein, except for (A) those consents, approvals, authorizations or orders that previously have been obtained
and (B) those filings and recordings of Mortgage Loan documents and assignments thereof that are contemplated by the Pooling
and Servicing Agreement to be completed after the Closing Date.

 

(h)              
The Purchaser (A) prepared one or more reports on Form ABS-15G (each, a “Form 15G”) containing the findings
and conclusions of the Accountants’ Due Diligence Report and meeting the requirements of that Form 15G, Rule 15Ga-2, and
any other rules and regulations of the Commission and the Exchange Act; (B) provided a copy of the final draft of each such Form
15G to the Underwriters and Initial Purchasers at least six (6) business days before the first sale in the offering contemplated
by the Prospectus and Private Placement Memorandum; and (C) furnished each such Form 15G to the Commission on EDGAR at least five
(5) business days before the first sale in the offering contemplated by the Prospectus and Private Placement Memorandum as required
by Rule 15Ga-2.

 

(i)                
The Purchaser has not dealt with any broker, investment banker, agent or other person, other than the Mortgage Loan Seller, the
Underwriters, the Initial Purchasers and their respective affiliates, that may be entitled to any commission or compensation in
connection with the sale of the Mortgage Loans or consummation of any of the transactions contemplated hereby.

 

    Exh. B-2-2

    

    

 

EXHIBIT
C

 

MORTGAGE
LOAN REPRESENTATIONS AND WARRANTIES

 

[SAMPLE
REPRESENTATIONS AND WARRANTIES: ACTUAL REPRESENTATIONS AND WARRANTIES FOR AN INDIVIDUAL SERIES MAY VARY.]

 

For
purposes of this Exhibit C, the phrase “Seller’s knowledge” and other words and phrases
of like import shall mean, except where otherwise expressly set forth below, the actual state of knowledge of the Seller, its
officers and employees directly responsible for the underwriting, origination, servicing or sale of the Mortgage Loans regarding
the matters expressly set forth below in each case without having conducted any independent inquiry into such matters and without
any obligation to have done so (except (i) having sent to the servicers servicing the Mortgage Loans on behalf of the Seller,
if any, specific inquiries regarding the matters referred to and (ii) as expressly set forth herein). All information
contained in documents which are part of or required to be part of a Mortgage File, as specified in the Pooling and Servicing
Agreement (to the extent such documents exist) shall be deemed within the Seller’s knowledge.

 

The
Seller hereby represents and warrants that, as of the date herein below specified or, if no such date is specified, as of the
date hereof, except with respect to the Exceptions described on Schedule C to this Agreement.

 

1.                 
Whole Loan; Ownership of Mortgage Loans. Except with respect to a Mortgage Loan that is part of a Whole Loan, each Mortgage
Loan is a whole loan and not a participation interest in a Mortgage Loan. At the time of the sale, transfer and assignment to
Purchaser, no Mortgage Note or Mortgage was subject to any assignment (other than assignments to Seller), participation or pledge,
and Seller had good title to, and was the sole owner of, each Mortgage Loan free and clear of any and all liens, charges, pledges,
encumbrances, participations, any other ownership interests on, in or to such Mortgage Loan other than any servicing rights appointment
or similar agreement. Seller has full right and authority to sell, assign and transfer each Mortgage Loan, and the assignment
to Purchaser constitutes a legal, valid and binding assignment of such Mortgage Loan free and clear of any and all liens, pledges,
charges or security interests of any nature encumbering such Mortgage Loan.

 

2.                 
Mortgage Loan Document Status. Each related Mortgage Note, Mortgage, Assignment of Leases (if a separate instrument), guaranty
and other agreement executed by or on behalf of the related Mortgagor, guarantor or other obligor in connection with such Mortgage
Loan is the legal, valid and binding obligation of the related Mortgagor, guarantor or other obligor (subject to any non-recourse
provisions contained in any of the foregoing agreements and any applicable state anti-deficiency or market value limit deficiency
legislation), as applicable, and is enforceable in accordance with its terms, except (i) as such enforcement may be limited by
(a) bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or other similar laws affecting the enforcement of
creditors’ rights generally and (b) general principles of equity (regardless of whether such enforcement is considered in
a proceeding in equity or at law) and (ii) that certain provisions in such Mortgage Loan documents (including, without limitation,

 

    Exh. C-1

    

    

 

provisions
requiring the payment of default interest, late fees or prepayment/yield maintenance fees, charges and/or premiums) are, or may
be, further limited or rendered unenforceable by or under applicable law, but (subject to the limitations set forth in clause
(i) above) such limitations or unenforceability will not render such Mortgage Loan documents invalid as a whole or materially
interfere with the Mortgagee’s realization of the principal benefits and/or security provided thereby (clauses (i)
and (ii) collectively, the “Standard Qualifications”).

 

Except
as set forth in the immediately preceding sentences, there is no valid offset, defense, counterclaim or right of rescission available
to the related Mortgagor with respect to any of the related Mortgage Notes, Mortgages or other Mortgage Loan documents, including,
without limitation, any such valid offset, defense, counterclaim or right based on intentional fraud by Seller in connection with
the origination of the Mortgage Loan, that would deny the Mortgagee the principal benefits intended to be provided by the Mortgage
Note, Mortgage or other Mortgage Loan documents.

 

3.                
Mortgage Provisions. The Mortgage Loan documents for each Mortgage Loan contain provisions that render the rights and remedies
of the holder thereof adequate for the practical realization against the Mortgaged Property of the principal benefits of the security
intended to be provided thereby, including realization by judicial or, if applicable, nonjudicial foreclosure subject to the limitations
set forth in the Standard Qualifications.

 

4.                
Mortgage Status; Waivers and Modifications. Since origination and except by written instruments set forth in the related
Mortgage File (a) the material terms of such Mortgage, Mortgage Note, Mortgage Loan guaranty, and related Mortgage Loan documents
have not been waived, impaired, modified, altered, satisfied, canceled, subordinated or rescinded in any respect which materially
interferes with the security intended to be provided by such Mortgage; (b) no related Mortgaged Property or any portion thereof
has been released from the lien of the related Mortgage in any manner which materially interferes with the security intended to
be provided by such Mortgage or the use or operation of the remaining portion of such Mortgaged Property; and (c) neither the
related Mortgagor nor the related guarantor has been released from its material obligations under the Mortgage Loan. With respect
to each Mortgage Loan, except as contained in a written document included in the Mortgage File, there have been no modifications,
amendments or waivers consented to by Seller on or after the Cut-off Date that could be reasonably expected to have a material
adverse effect on such Mortgage Loan.

 

5.                
Lien; Valid Assignment. Subject to the Standard Qualifications, each assignment of Mortgage and assignment of Assignment
of Leases from Seller constitutes a legal, valid and binding assignment from Seller. Each related Mortgage and Assignment of Leases
is freely assignable without the consent of the related Mortgagor. Each related Mortgage is a legal, valid and enforceable first
lien on the related Mortgagor’s fee (or with respect to those Mortgage Loans described in paragraph (34) hereof, leasehold)
interest in the Mortgaged Property in the principal amount of such Mortgage Loan or allocated loan amount (subject only to Permitted
Encumbrances (as defined below) and the exceptions to paragraph (6) set forth in Schedule C to this Exhibit C (each
such exception, a “Title Exception”)), except as the enforcement thereof may be limited by the Standard Qualifications.
Such Mortgaged Property (subject to and excepting Permitted Encumbrances and the Title Exceptions) as of origination was, and
as of the Cut-off Date, to Seller’s knowledge, is free and clear of any recorded mechanics’ liens, recorded

 

    Exh. C-2

    

    

 

materialmen’s
liens and other recorded encumbrances which are prior to or equal with the lien of the related Mortgage, except those which are
bonded over, escrowed for or insured against by a lender’s title insurance policy (as described below), and, to Seller’s
knowledge and subject to the rights of tenants (as tenants only) (subject to and excepting Permitted Encumbrances and the Title
Exceptions), no rights exist which under law could give rise to any such lien or encumbrance that would be prior to or equal with
the lien of the related Mortgage, except those which are bonded over, escrowed for or insured against by a lender’s title
insurance policy (as described below). Notwithstanding anything herein to the contrary, no representation is made as to the perfection
of any security interest in rents or other personal property to the extent that possession or control of such items or actions
other than the filing of UCC financing statements is required in order to effect such perfection.

 

6.                
Permitted Liens; Title Insurance. Each Mortgaged Property securing a Mortgage Loan is covered by an American Land Title
Association loan title insurance policy or a comparable form of loan title insurance policy approved for use in the applicable
jurisdiction (or, if such policy is yet to be issued, by a pro forma policy, a preliminary title policy with escrow instructions
or a “marked up” commitment, in each case binding on the title insurer) (the “Title Policy”) in
the original principal amount of such Mortgage Loan (or with respect to a Mortgage Loan secured by multiple properties, an amount
equal to at least the allocated loan amount with respect to the Title Policy for each such property) after all advances of principal
(including any advances held in escrow or reserves), that insures for the benefit of the owner of the indebtedness secured by
the Mortgage, the first priority lien of the Mortgage, which lien is subject only to (a) the lien of current real property taxes,
water charges, sewer rents and assessments not yet due and payable; (b) covenants, conditions and restrictions, rights of way,
easements and other matters of public record; (c) the exceptions (general and specific) and exclusions set forth in such Title
Policy; (d) other matters to which like properties are commonly subject; (e) the rights of tenants (as tenants only) under leases
(including subleases) pertaining to the related Mortgaged Property and condominium declarations; and (f) if the related Mortgage
Loan constitutes a Crossed Mortgage Loan, the lien of the Mortgage for the related Crossed Mortgage Loan or Crossed Mortgage Loans;
provided that none of such items (a) through (f), individually or in the aggregate, materially and adversely
interfere with the value or current use of the Mortgaged Property, the security intended to be provided by such Mortgage, or the
current ability of the related Mortgaged Property to generate net cash flow sufficient to service the related Mortgage Loan, or
the Mortgagor’s ability to pay its obligations when they become due (collectively, the “Permitted Encumbrances”).
For purposes of clause (a) of the immediately preceding sentence, any such taxes, assessments and other charges shall
not be considered due and payable until the date on which interest and/or penalties would be payable thereon. Except as contemplated
by clause (f) of the preceding sentence none of the Permitted Encumbrances are mortgage liens that are senior to or coordinate
and co-equal with the lien of the related Mortgage. Such Title Policy (or, if it has yet to be issued, the coverage to be provided
thereby) is in full force and effect, all premiums thereon have been paid, no claims have been made by Seller thereunder and no
claims have been paid thereunder. Neither Seller nor, to Seller’s knowledge, any other holder of the Mortgage Loan, has
done, by act or omission, anything that would materially impair the coverage under such Title Policy.

 

    Exh. C-3

    

    

 

7.                
Junior Liens. It being understood that Subordinate Companion Loans secured by the same Mortgage as a Mortgage Loan are
not subordinate mortgages or junior liens, except for any Crossed Mortgage Loans, there are, as of origination, and to Seller’s
knowledge, as of the Cut-off Date, no subordinate mortgages or junior liens securing the payment of money encumbering the
related Mortgaged Property (other than Permitted Encumbrances and the Title Exceptions, taxes and assessments, mechanics’
and materialmen’s liens (which are the subject of the representation in paragraph (5) above), and equipment and other personal
property financing). Except as set forth in Exhibit C-32-1 to this Exhibit C, Seller has no knowledge of any
mezzanine debt secured directly by interests in the related Mortgagor.

 

8.                
Assignment of Leases and Rents. There exists as part of the related Mortgage File an Assignment of Leases (either as a
separate instrument or incorporated into the related Mortgage). Subject to the Permitted Encumbrances and the Title Exceptions,
each related Assignment of Leases creates a valid first-priority collateral assignment of, or a valid first-priority lien or security
interest in, rents and certain rights under the related lease or leases, subject only to a license granted to the related Mortgagor
to exercise certain rights and to perform certain obligations of the lessor under such lease or leases, including the right to
operate the related leased property, except as the enforcement thereof may be limited by the Standard Qualifications. The related
Mortgage or related Assignment of Leases, subject to applicable law and the Standard Qualifications, provides that, upon an event
of default under the Mortgage Loan, a receiver is permitted to be appointed for the collection of rents or for the related Mortgagee
to enter into possession to collect the rents or for rents to be paid directly to the Mortgagee.

 

9.                
UCC Filings. If the related Mortgaged Property is operated as a hospitality property, Seller has filed and/or recorded
or caused to be filed and/or recorded (or, if not filed and/or recorded, has submitted or caused to be submitted in proper form
for filing and/or recording), UCC financing statements in the appropriate public filing and/or recording offices necessary at
the time of the origination of the Mortgage Loan to perfect a valid security interest in all items of physical personal property
reasonably necessary to operate such Mortgaged Property owned by such Mortgagor and located on the related Mortgaged Property
(other than any non-material personal property, any personal property subject to a purchase money security interest, a sale and
leaseback financing arrangement as permitted under the terms of the related Mortgage Loan documents or any other personal property
leases applicable to such personal property), to the extent perfection may be effected pursuant to applicable law by recording
or filing, as the case may be. Subject to the Standard Qualifications, each related Mortgage (or equivalent document) creates
a valid and enforceable lien and security interest on the items of personalty described above. No representation is made as to
the perfection of any security interest in rents or other personal property to the extent that possession or control of such items
or actions other than the filing of UCC financing statements are required in order to effect such perfection.

 

10.              
Condition of Property. Seller or the originator of the Mortgage Loan inspected or caused to be inspected each related Mortgaged
Property within six months of origination of the Mortgage Loan and within twelve months of the Cut-off Date.

 

    Exh. C-4

    

    

 

An
engineering report or property condition assessment was prepared in connection with the origination of each Mortgage Loan no more
than twelve months prior to the Cut-off Date. To Seller’s knowledge, based solely upon due diligence customarily performed
in connection with the origination of comparable mortgage loans, as of the Closing Date, each related Mortgaged Property was free
and clear of any material damage (other than (i) deferred maintenance for which escrows were established at origination and (ii)
any damage fully covered by insurance) that would affect materially and adversely the use or value of such Mortgaged Property
as security for the Mortgage Loan.

 

11.              
Taxes and Assessments. All taxes, governmental assessments and other outstanding governmental charges (including, without
limitation, water and sewage charges), or installments thereof, which could be a lien on the related Mortgaged Property that would
be of equal or superior priority to the lien of the Mortgage and that prior to the Cut-off Date have become delinquent in
respect of each related Mortgaged Property have been paid, or an escrow of funds has been established in an amount sufficient
to cover such payments and reasonably estimated interest and penalties, if any, thereon. For purposes of this representation and
warranty, real estate taxes and governmental assessments and other outstanding governmental charges and installments thereof shall
not be considered delinquent until the earlier of (a) the date on which interest and/or penalties would first be payable thereon
and (b) the date on which enforcement action is entitled to be taken by the related taxing authority.

 

12.              
Condemnation. As of the date of origination and to Seller’s knowledge as of the Cut-off Date, there is no proceeding
pending, and, to Seller’s knowledge as of the date of origination and as of the Cut-off Date, there is no proceeding
threatened, for the total or partial condemnation of such Mortgaged Property that would have a material adverse effect on the
value, use or operation of the Mortgaged Property.

 

13.              
Actions Concerning Mortgage Loan. As of the date of origination and to Seller’s knowledge as of the Cut-off Date,
there was no pending or filed action, suit or proceeding, arbitration or governmental investigation involving any Mortgagor, guarantor
or Mortgagor’s interest in the Mortgaged Property, an adverse outcome of which would reasonably be expected to materially
and adversely affect (a) such Mortgagor’s title to the Mortgaged Property, (b) the validity or enforceability of the Mortgage,
(c) such Mortgagor’s ability to perform under the related Mortgage Loan, (d) such guarantor’s ability to perform under
the related guaranty, (e) the principal benefit of the security intended to be provided by the Mortgage Loan documents or (f)
the current principal use of the Mortgaged Property.

 

14.              
Escrow Deposits. All escrow deposits and escrow payments required to be escrowed with lender pursuant to each Mortgage
Loan (including any capital improvements and environmental remediation reserves) are in the possession, or under the control,
of Seller or its servicer, and there are no deficiencies or delinquencies (subject to any applicable grace or cure periods) in
connection therewith, and all such escrows and deposits (or the right thereto) that are required to be escrowed with lender under
the related Mortgage Loan documents are being conveyed by Seller to Purchaser or its servicer.

 

15.              
No Holdbacks. The principal amount of the Mortgage Loan stated on the Mortgage Loan Schedule has been fully disbursed as
of the Closing Date and there is no

 

    Exh. C-5

    

    

 

requirement
for future advances thereunder (except in those cases where the full amount of the Mortgage Loan has been disbursed but a portion
thereof is being held in escrow or reserve accounts pending the satisfaction of certain conditions relating to leasing, repairs,
occupancy, performance or other matters with respect to the related Mortgaged Property, the Mortgagor or other considerations
determined by Seller to merit such holdback).

 

16.             
Insurance. Each related Mortgaged Property is, and is required pursuant to the related Mortgage to be, insured by a property
insurance policy providing coverage for loss in accordance with coverage found under a “special cause of loss form”
or “all risk form” that includes replacement cost valuation issued by an insurer meeting the requirements of the related
Mortgage Loan documents and having a claims-paying or financial strength rating of at least “A-:VIII” from A.M. Best
Company or “A3” (or the equivalent) from Moody’s or “A-” from S&P (collectively the “Insurance
Rating Requirements”), in an amount (subject to a customary deductible) not less than the lesser of (1) the original
principal balance of the Mortgage Loan or Whole Loan, as applicable, and (2) the full insurable value on a replacement cost basis
of the improvements, furniture, furnishings, fixtures and equipment owned by the Mortgagor and included in the Mortgaged Property
(with no deduction for physical depreciation), but, in any event, not less than the amount necessary, or containing such endorsements
as are necessary, to avoid the operation of any coinsurance provisions with respect to the related Mortgaged Property.

 

Each
related Mortgaged Property is also covered, and required to be covered pursuant to the related Mortgage Loan documents, by business
interruption or rental loss insurance which (subject to a customary deductible) covers a period of not less than 12 months (or
with respect to each Mortgage Loan on a single asset with a principal balance of $50 million or more, 18 months).

 

If
any material part of the improvements, exclusive of a parking lot, located on a Mortgaged Property is in an area identified in
the Federal Register by the Federal Emergency Management Agency as having special flood hazards, the related Mortgagor is required
to maintain insurance in an amount at least equal to the least of (A) the maximum amount available under the National Flood Insurance
Program plus any such additional excess flood coverage in an amount as is generally required by prudent institutional commercial
mortgage lenders originating mortgage loans for securitization, (B) the outstanding principal amount of the Mortgage Loan and
(C) the insurable value of the Mortgaged Property.

 

If
the Mortgaged Property is located within 25 miles of the coast of the Gulf of Mexico or the Atlantic coast of Florida, Georgia,
South Carolina or North Carolina, the related Mortgagor is required to maintain coverage for windstorm and/or windstorm related
perils and/or “named storms” issued by an insurer meeting the Insurance Rating Requirements or endorsement covering
damage from windstorm and/or windstorm related perils and/or named storms by an insurer meeting the Insurance Rating Requirements,
in an amount not less than the lesser of (1) the original principal balance of the Mortgage Loan and (2) the full insurable value
on a replacement cost basis of the improvements, furniture, furnishings, fixtures and equipment owned by the Mortgagor and included
in the Mortgaged Property (with no deduction for physical depreciation), but, in any event, not less than the amount necessary
or containing such

 

    Exh. C-6

    

    

 

endorsements
as are necessary to avoid the operation of any coinsurance provisions with respect to the related Mortgaged Property.

 

The
Mortgaged Property is covered, and required to be covered pursuant to the related Mortgage Loan documents, by a commercial general
liability insurance policy issued by an insurer meeting the Insurance Rating Requirements including coverage for property damage,
contractual damage and personal injury (including bodily injury and death) in amounts as are generally required by Seller for
similar commercial and multifamily loans intended for securitization, and in any event not less than $1 million per occurrence
and $2 million in the aggregate.

 

An
architectural or engineering consultant has performed an analysis of each of the Mortgaged Properties located in seismic zones
3 or 4 in order to evaluate the structural and seismic condition of such property, for the sole purpose of assessing the probable
maximum loss or scenario expected loss (“PML”) for the Mortgaged Property in the event of an earthquake. In
such instance, the PML was based on a 475-year return period, an exposure period of 50 years and a 10% probability of exceedance.
If the resulting report concluded that the PML would exceed 20% of the amount of the replacement costs of the improvements, earthquake
insurance on such Mortgaged Property was obtained by an insurer rated at least “A:VIII” by A.M. Best Company or “A3”
(or the equivalent) from Moody’s or “A-” by S&P in an amount not less than 100% of the PML.

 

The
Mortgage Loan documents require insurance proceeds (or an amount equal to such insurance proceeds) in respect of a property loss
to be applied either (a) to the repair or restoration of all or part of the related Mortgaged Property, with respect to all property
losses in excess of 5% of the then outstanding principal amount of the related Mortgage Loan or Whole Loan, as applicable, the
lender (or a trustee appointed by it) having the right to hold and disburse such proceeds as the repair or restoration progresses,
or (b) to the payment of the outstanding principal balance of such Mortgage Loan or Whole Loan, as applicable, together with any
accrued interest thereon.

 

All
premiums on all insurance policies referred to in this section that are required by the related Mortgage Loan documents to be
paid as of the Cut-off Date have been paid, and such insurance policies name the lender under the Mortgage Loan and its successors
and assigns as a loss payee under a mortgagee endorsement clause or, in the case of the general liability insurance policy, as
named or additional insured. Such insurance policies will inure to the benefit of the Trustee. Each related Mortgage Loan obligates
the related Mortgagor to maintain all such insurance and, at such Mortgagor’s failure to do so, authorizes the lender to
maintain such insurance at the Mortgagor’s cost and expense and to charge such Mortgagor for related premiums. All such
insurance policies (other than commercial liability policies) require at least 10 days’ prior notice to the lender of termination
or cancellation arising because of nonpayment of a premium and at least 30 days prior notice to the lender of termination or cancellation
(or such lesser period, not less than 10 days, as may be required by applicable law) arising for any reason other than non-payment
of a premium and no such notice has been received by Seller.

 

17.             
Access; Utilities; Separate Tax Lots. Each Mortgaged Property (a) is located on or adjacent to a public road and has direct
legal access to such road, or has access via

 

    Exh. C-7

    

    

 

an
irrevocable easement or irrevocable right of way permitting ingress and egress to/from a public road, (b) is served by or has
uninhibited access rights to public or private water and sewer (or well and septic) and all required utilities, all of which are
adequate for the current use of the Mortgaged Property, and (c) constitutes one or more separate tax parcels which do not include
any property which is not part of the Mortgaged Property or is subject to an endorsement under the related Title Policy insuring
the Mortgaged Property, or in certain cases, an application has been, or will be, made to the applicable governing authority for
creation of separate tax lots, in which case the Mortgage Loan requires the Mortgagor to escrow an amount sufficient to pay taxes
for the existing tax parcel of which the Mortgaged Property is a part until the separate tax lots are created.

 

18.              
No Encroachments. To Seller’s knowledge based solely on surveys obtained in connection with origination and the lender’s
Title Policy (or, if such policy is not yet issued, a pro forma title policy, a preliminary title policy with escrow instructions
or a “marked up” commitment) obtained in connection with the origination of each Mortgage Loan, all material improvements
that were included for the purpose of determining the appraised value of the related Mortgaged Property at the time of the origination
of such Mortgage Loan are within the boundaries of the related Mortgaged Property, except encroachments that do not materially
and adversely affect the value or current use of such Mortgaged Property or for which insurance or endorsements were obtained
under the Title Policy. No improvements on adjoining parcels encroach onto the related Mortgaged Property except for encroachments
that do not materially and adversely affect the value or current use of such Mortgaged Property or for which insurance or endorsements
were obtained under the Title Policy. No improvements encroach upon any easements except for encroachments the removal of which
would not materially and adversely affect the value or current use of such Mortgaged Property or for which insurance or endorsements
obtained with respect to the Title Policy.

 

19.              
No Contingent Interest or Equity Participation. No Mortgage Loan has a shared appreciation feature, any other contingent
interest feature or a negative amortization feature (except that an ARD Loan may provide for the accrual of the portion of interest
in excess of the rate in effect prior to the Anticipated Repayment Date) or an equity participation by Seller.

 

20.              
REMIC. The Mortgage Loan is a “qualified mortgage” within the meaning of Section 860G(a)(3) of the Code (but
determined without regard to the rule in the U.S. Department of Treasury regulations (the “Treasury Regulations”)
Section 1.860G-2(f)(2) that treats certain defective mortgage loans as qualified mortgages), and, accordingly, (A) the issue price
of the Mortgage Loan to the related Mortgagor at origination did not exceed the non-contingent principal amount of the Mortgage
Loan and (B) either: (a) such Mortgage Loan is secured by an interest in real property (including permanently affixed buildings
and distinct structural components, such as wiring, plumbing systems and central heating and air-conditioning systems, that are
integrated into such buildings, serve such buildings in their passive functions and do not produce or contribute to the production
of income other than consideration for the use or occupancy of space, but excluding personal property) having a fair market value
(i) at the date the Mortgage Loan (or related Whole Loan) was originated at least equal to 80% of the adjusted issue price of
the Mortgage Loan (or related Whole Loan) on such date or (ii) at the Closing Date at least equal to 80% of the adjusted issue
price of the Mortgage

 

    Exh. C-8

    

    

 

Loan
(or related Whole Loan) on such date, provided that for purposes hereof, the fair market value of the real property interest
must first be reduced by (A) the amount of any lien on the real property interest that is senior to the Mortgage Loan and (B)
a proportionate amount of any lien that is in parity with the Mortgage Loan; or (b) substantially all of the proceeds of such
Mortgage Loan were used to acquire, improve or protect the real property which served as the only security for such Mortgage Loan
(other than a recourse feature or other third-party credit enhancement within the meaning of Section 1.860G-2(a)(1)(ii) of the
Treasury Regulations). If the Mortgage Loan was “significantly modified” prior to the Closing Date so as to result
in a taxable exchange under Section 1001 of the Code, it either (x) was modified as a result of the default or reasonably foreseeable
default of such Mortgage Loan or (y) satisfies the provisions of either sub-clause (B)(a)(i) above (substituting the date
of the last such modification for the date the Mortgage Loan was originated) or sub-clause (B)(a)(ii), including the proviso
thereto. Any prepayment premium and yield maintenance charges applicable to the Mortgage Loan constitute “customary prepayment
penalties” within the meaning of Section 1.860G-1(b)(2) of the Treasury Regulations. All terms used in this paragraph shall
have the same meanings as set forth in the related Treasury Regulations.

 

21.              
Compliance with Certain Laws. The Mortgage Rate (exclusive of any default interest, late charges, yield maintenance charge,
or prepayment premiums) of such Mortgage Loan complied as of the date of origination with, or was exempt from, applicable state
or federal laws, regulations and other requirements pertaining to usury.

 

22.              
Authorized to do Business. To the extent required under applicable law, as of the Cut-off Date or as of the date that
such entity held the Mortgage Note, each holder of the Mortgage Note was authorized to transact and do business in the jurisdiction
in which each related Mortgaged Property is located, or the failure to be so authorized does not materially and adversely affect
the enforceability of such Mortgage Loan by the Trust.

 

23.              
Trustee under Deed of Trust. With respect to each Mortgage which is a deed of trust, as of the date of origination and,
to Seller’s knowledge, as of the Closing Date, a trustee, duly qualified under applicable law to serve as such, currently
so serves and is named in the deed of trust or has been substituted in accordance with the Mortgage and applicable law or may
be substituted in accordance with the Mortgage and applicable law by the related Mortgagee, and, except in connection with a trustee’s
sale after a default by the related Mortgagor or in connection with any full or partial release of the related Mortgaged Property
or security for the related Mortgage Loan, no fees are payable to such trustee except for de minimis fees paid or
such fees as required by the applicable jurisdiction which are to be paid by such Mortgagor in accordance with the related Mortgage
Loan documents.

 

24.              
Local Law Compliance. To Seller’s knowledge, based upon any of a letter from any governmental authorities, a legal
opinion, an architect’s letter, a zoning consultant’s report, an endorsement to the related Title Policy, or other
affirmative investigation of local law compliance consistent with the investigation conducted by Seller for similar commercial
and multifamily mortgage loans intended for securitization, with respect to the improvements located on or forming part of each
Mortgaged Property securing a Mortgage Loan as of the date of origination of such Mortgage Loan and as of the Cut-off Date,
there are no material violations of applicable zoning ordinances, building codes and land laws (collectively “Zoning
Regulations”) 

 

    Exh. C-9

    

    

 

other
than those which (i) are insured by the Title Policy or a law and ordinance insurance policy or (ii) would not have a
material adverse effect on the Mortgage Loan. The terms of the Mortgage Loan documents require the Mortgagor to comply in all
material respects with all applicable governmental regulations, zoning and building laws.

 

25.              
Licenses and Permits. Each Mortgagor covenants in the Mortgage Loan documents that it shall keep all material licenses,
permits and applicable governmental authorizations necessary for its operation of the Mortgaged Property in full force and effect,
and to Seller’s knowledge based upon a letter from any government authorities or other affirmative investigation of local
law compliance consistent with the investigation conducted by Seller for similar commercial and multifamily mortgage loans intended
for securitization, all such material licenses, permits and applicable governmental authorizations are in effect. The Mortgage
Loan requires the related Mortgagor to be qualified to do business in the jurisdiction in which the related Mortgaged Property
is located.

 

26.              
Recourse Obligations. The Mortgage Loan documents for each Mortgage Loan provide that such Mortgage Loan (a) becomes full
recourse to the Mortgagor and guarantor (which is a natural person or persons, or an entity distinct from the Mortgagor (but may
be affiliated with the Mortgagor) that has assets other than equity in the related Mortgaged Property that are not de minimis)
in any of the following events (or negotiated provisions of substantially similar effect): (i) if any voluntary petition for bankruptcy,
insolvency, dissolution or liquidation pursuant to federal bankruptcy law, or any similar federal or state law, shall be filed
by the Mortgagor; (ii) the Mortgagor or guarantor shall have colluded with (or, alternatively, solicited or caused to be solicited)
other creditors to cause an involuntary bankruptcy filing with respect to the Mortgagor or (iii) voluntary transfers of either
the Mortgaged Property or equity interests in the Mortgagor made in violation of the Mortgage Loan documents; and (b) contains
provisions providing for recourse against the Mortgagor and guarantor (which is a natural person or persons, or an entity distinct
from the Mortgagor (but may be affiliated with the Mortgagor) that has assets other than equity in the related Mortgaged Property
that are not de minimis), for losses and damages sustained by reason of the following (or negotiated provisions of substantially
similar effect): (i) the Mortgagor’s misappropriation of rents during the continuation of an event of default under the
Mortgage Loan; (ii) the Mortgagor’s misappropriation of (A) insurance proceeds or condemnation awards or (B) security deposits
or, alternatively, the failure of any security deposits to be delivered to lender upon foreclosure or action in lieu thereof (except
to the extent applied in accordance with leases prior to a Mortgage Loan event of default); (iii) the Mortgagor’s fraud
or intentional material misrepresentation; (iv) breaches of the environmental covenants in the Mortgage Loan documents; or (v)
the Mortgagor’s commission of intentional material physical waste at the Mortgaged Property.

 

27.              
Mortgage Releases. The terms of the related Mortgage or related Mortgage Loan documents do not provide for release of any
material portion of the Mortgaged Property from the lien of the Mortgage except (a) a partial release, accompanied by principal
repayment, or partial Defeasance (as defined in paragraph (32) below), of not less than a specified percentage at least equal
to the lesser of (i) 110% of the related allocated loan amount of such portion of the Mortgaged Property and (ii) the outstanding
principal balance of the Mortgage Loan or Whole Loan, as applicable, (b) upon payment in full of such Mortgage Loan

 

    Exh. C-10

    

    

 

or
Whole Loan, as applicable, (c) upon a Defeasance (as defined in paragraph (32) below), (d) releases
of out-parcels that are unimproved or other portions of the Mortgaged Property which will not have a material adverse effect
on the underwritten value of the Mortgaged Property and which were not afforded any material value in the appraisal obtained
at the origination of the Mortgage Loan and are not necessary for physical access to the Mortgaged Property or compliance
with zoning requirements, or (e) as required pursuant to an order of condemnation. With respect to any partial release under
the preceding clauses (a) or (d), either: (x) such release of collateral (I) would not constitute a
“significant modification” of the subject Mortgage Loan within the meaning of Section 1.860G-2(b)(2) of the
Treasury Regulations and (II) would not cause the subject Mortgage Loan to fail to be a “qualified mortgage”
within the meaning of Section 860G(a)(3)(A) of the Code; or (y) the Mortgagee or servicer can, in accordance with the related
Mortgage Loan documents, condition such release of collateral on the related Mortgagor’s delivery of an opinion of tax
counsel to the effect specified in the immediately preceding clause (x). For purposes of the preceding clause (x), if
the fair market value of the real property constituting such Mortgaged Property (reduced by (1) the amount of any lien on the
real property that is senior to the Mortgage Loan and (2) a proportionate amount of any lien on real property that is in
parity with the Mortgage Loan) after the release is not equal to at least 80% of the principal balance of the Mortgage Loan
or Whole Loan, as applicable, outstanding after the release, the Mortgagor is required to make a payment of principal in an
amount not less than the amount required by the REMIC Provisions.

 

In
the case of any Mortgage Loan, in the event of a taking of any portion of a Mortgaged Property by a State or any political subdivision
or authority thereof, whether by legal proceeding or by agreement, the Mortgagor can be required to pay down the principal balance
of the Mortgage Loan or Whole Loan, as applicable, in an amount not less than the amount required by the loan-to-value ratio and
other requirements of the REMIC Provisions and, to such extent, condemnation awards may not be required to be applied to the restoration
of the Mortgaged Property or released to the Mortgagor, if, immediately after the release of such portion of the Mortgaged Property
from the lien of the Mortgage (but taking into account the planned restoration) the fair market value of the real property constituting
the remaining Mortgaged Property (reduced by (1) the amount of any lien on the real property that is senior to the Mortgage Loan
and (2) a proportionate amount of any lien on real property that is in parity with the Mortgage Loan) is not equal to at least
80% of the remaining principal balance of the Mortgage Loan or Whole Loan, as applicable.

 

No
Mortgage Loan that is secured by more than one Mortgaged Property or that is a Crossed Mortgage Loan permits the release of cross-collateralization
of the related Mortgaged Properties or a portion thereof, including due to a partial condemnation, other than in compliance with
loan-to-value ratio and other requirements of the REMIC Provisions.

 

28.              
Financial Reporting and Rent Rolls. The Mortgage Loan documents require the Mortgagor to provide the owner or holder of
the Mortgage Loan with quarterly (other than for single-tenant properties) and annual operating statements, and quarterly (other
than for single-tenant properties) rent rolls for properties that have leases contributing more than 5% of the in-place base rent
and annual financial statements, which annual financial statements (i) with respect to each Mortgage Loan with more than one Mortgagor
are in the form of either an

 

    Exh. C-11

    

    

 

individual
or combined annual balance sheet of the Mortgagor entities (and no other entities), together with the related combined or individual
statements of operations, members’ capital and cash flows, including a combined or individual balance sheet and statement
of income for the Mortgaged Properties on a combined or individual basis and (ii) with respect to each Mortgage Loan with an original
principal balance greater than $50 million shall be audited by an independent certified public accountant upon the request of
the owner or holder of the Mortgage Loan.

 

29.              
Acts of Terrorism Exclusion. With respect to each Mortgage Loan over $20 million, and to Seller’s knowledge with
respect to each Mortgage Loan of $20 million or less, as of origination, the related special-form all-risk insurance policy
and business interruption policy (issued by an insurer meeting the Insurance Rating Requirements) do not specifically exclude
Acts of Terrorism, as defined in the Terrorism Risk Insurance Act of 2002, as amended by the Terrorism Risk Insurance Program
Reauthorization Act of 2007 and the Terrorism Risk Insurance Program Reauthorization Act of 2015 (collectively referred to as
“TRIA”), from coverage, or if such coverage is excluded, it is covered by a separate terrorism insurance policy.
With respect to each Mortgage Loan, the related Mortgage Loan documents do not expressly waive or prohibit the Mortgagee from
requiring coverage for Acts of Terrorism, as defined in TRIA, or damages related thereto except to the extent that any right to
require such coverage may be limited by commercial availability on commercially reasonable terms; provided that if TRIA
or a similar or subsequent statute is not in effect, then, provided that terrorism insurance is commercially available,
the Mortgagor under each Mortgage Loan is required to carry terrorism insurance, but in such event the Mortgagor shall not be
required to spend on terrorism insurance coverage more than two times the amount of the insurance premium that is payable in respect
of the property and business interruption/rental loss insurance required under the related Mortgage Loan documents (without giving
effect to the cost of terrorism and earthquake components of such casualty and business interruption/rental loss insurance) at
the time of the origination of the Mortgage Loan, and if the cost of terrorism insurance exceeds such amount, the Mortgagor is
required to purchase the maximum amount of terrorism insurance available with funds equal to such amount.

 

30.              
Due on Sale or Encumbrance. Subject to specific exceptions set forth below, each Mortgage Loan contains a “due on
sale” or other such provision for the acceleration of the payment of the unpaid principal balance of such Mortgage Loan
if, without the consent of the holder of the Mortgage (which consent, in some cases, may not be unreasonably withheld) and/or
complying with the requirements of the related Mortgage Loan documents (which provide for transfers without the consent of the
lender which are customarily acceptable to Seller lending on the security of property comparable to the related Mortgaged Property,
including, without limitation, transfers of worn-out or obsolete furnishings, fixtures, or equipment promptly replaced with property
of equivalent value and functionality and transfers by leases entered into in accordance with the Mortgage Loan documents), (a)
the related Mortgaged Property, or any equity interest of greater than 50% in the related Mortgagor, is directly or indirectly
pledged, transferred or sold, other than as related to (i) family and estate planning transfers or transfers upon death or legal
incapacity, (ii) transfers to certain affiliates as defined in the related Mortgage Loan documents, (iii) transfers of less than,
or other than, a controlling interest in the related Mortgagor, (iv) transfers to another holder of direct or indirect equity
in the Mortgagor, a

 

    Exh. C-12

    

    

 

specific
Person designated in the related Mortgage Loan documents or a Person satisfying specific criteria identified in the related Mortgage
Loan documents, such as a qualified equityholder, (v) transfers of stock or similar equity units in publicly traded companies
or (vi) a substitution or release of collateral within the parameters of paragraphs (27) and (32) herein or the exceptions thereto
set forth in Schedule C to this Exhibit C, or (vii) by reason of any mezzanine debt that existed at the origination
of the related Mortgage Loan as set forth on Exhibit C-32-1 to this Exhibit C, or future permitted mezzanine
debt as set forth on Exhibit C-32-2 to this Exhibit C or (b) the related Mortgaged Property is encumbered with
a subordinate lien or security interest against the related Mortgaged Property, other than (i) any Serviced Companion Loan or
Non-Serviced Companion Loan or any subordinate debt that existed at origination and is permitted under the related Mortgage Loan
documents, (ii) purchase money security interests, (iii) any Crossed Mortgage Loan, as set forth on Annex A-1 to the Prospectus
or (iv) Permitted Encumbrances. The Mortgage or other Mortgage Loan documents provide that to the extent any Rating Agency fees
are incurred in connection with the review of and consent to any transfer or encumbrance, the Mortgagor is responsible for such
payment along with all other reasonable fees and expenses incurred by the Mortgagee relative to such transfer or encumbrance.

 

31.             
Single-Purpose Entity. The Mortgage Loan documents require the Mortgagor to be a Single-Purpose Entity for at least as
long as the Mortgage Loan is outstanding. Both the Mortgage Loan documents and the organizational documents of the Mortgagor with
respect to each Mortgage Loan with a Cut-off Date Balance in excess of $5 million provide that the Mortgagor is a Single-Purpose
Entity, and each Mortgage Loan with a Cut-off Date Balance of $30 million or more has a counsel’s opinion regarding
non-consolidation of the Mortgagor. For this purpose, a “Single-Purpose Entity” shall mean an entity, other
than an individual, whose organizational documents (or if the Mortgage Loan has a Cut-off Date Balance equal to $5 million
or less, its organizational documents or the related Mortgage Loan documents) provide substantially to the effect that it was
formed or organized solely for the purpose of owning and operating one or more of the Mortgaged Properties securing the Mortgage
Loans and prohibit it from engaging in any business unrelated to such Mortgaged Property or Mortgaged Properties, and whose organizational
documents further provide, or which entity represented in the related Mortgage Loan documents, substantially to the effect that
it does not have any assets other than those related to its interest in and operation of such Mortgaged Property or Mortgaged
Properties, or any indebtedness other than as permitted by the related Mortgage(s) or the other related Mortgage Loan documents,
that it has its own books and records and accounts separate and apart from those of any other person (other than a Mortgagor for
a Crossed Mortgage Loan), and that it holds itself out as a legal entity, separate and apart from any other person or entity.

 

32.             
Defeasance. With respect to any Mortgage Loan that, pursuant to the Mortgage Loan documents, can be defeased (a “Defeasance”),
(i) the Mortgage Loan documents provide for Defeasance as a unilateral right of the Mortgagor, subject to satisfaction of conditions
specified in the Mortgage Loan documents; (ii) the Mortgage Loan cannot be defeased within two years after the Closing Date; (iii)
the Mortgagor is permitted to pledge only United States “government securities” within the meaning of Section 1.860G-2(a)(8)(ii)
of the Treasury Regulations, the revenues from which will, in the case of a full Defeasance, be sufficient
to make all scheduled payments under the Mortgage Loan when due, including the 

 

    Exh. C-13

    

    

 

entire
remaining principal balance on the maturity date (or on or after the first date on which payment may be made without payment of
a yield maintenance charge or prepayment penalty) or, if the Mortgage Loan is an ARD Loan, the entire principal balance outstanding
on the Anticipated Repayment Date (or on or after the first date on which payment may be made without payment of a yield maintenance
charge or prepayment penalty), and if the Mortgage Loan permits partial releases of real property in connection with partial Defeasance,
the revenues from the collateral will be sufficient to pay all such scheduled payments calculated on a principal amount equal
to a specified percentage at least equal to the lesser of (a) 110% of the allocated loan amount for the real property to
be released and (b) the outstanding principal balance of the Mortgage Loan or Whole Loan, as applicable; (iv) the defeasance
collateral is not permitted to be subject to prepayment, call, or early redemption that results in revenues from such collateral
that are insufficient to pay all applicable payments described in clause (iii) above; (v) the Mortgagor is required
to provide a certification from an independent certified public accountant that the defeasance collateral is sufficient to make
all applicable payments described in clause (iii) above; (vi) if the Mortgagor would continue to own assets in addition
to the defeasance collateral, the portion of the Mortgage Loan secured by defeasance collateral is required to be assumed (or
the Mortgagee may require such assumption) by a Single-Purpose Entity; (vii) the Mortgagor is required to provide an opinion of
counsel that the Mortgagee has a perfected security interest in such collateral prior to any other claim or interest; and (viii)
the Mortgagor is required to pay all rating agency fees associated with Defeasance (if rating confirmation is a specific condition
precedent thereto) and all other reasonable expenses associated with Defeasance, including, but not limited to, accountant’s
fees and opinions of counsel.

 

33.              
Fixed Interest Rates. Each Mortgage Loan bears interest at a rate that remains fixed throughout the remaining term of such
Mortgage Loan, except in the case of ARD loans and situations where default interest is imposed.

 

34.              
Ground Leases. For purposes of this Exhibit C, a “Ground Lease” shall mean a lease creating a
leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest
in the land (or, with respect to air rights leases, the air) and buildings and other improvements, if any, comprising the premises
demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land),
subject to the reversionary interest of the ground lessor as fee owner and does not include industrial development agency or similar
leases for purposes of conferring a tax abatement or other benefit.

 

With
respect to any Mortgage Loan where the Mortgage Loan is secured by a leasehold estate under a Ground Lease in whole or in part,
and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon
the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Seller, its successors
and assigns, Seller represents and warrants that:

 

(a)       The
Ground Lease or a memorandum regarding such Ground Lease has been duly recorded or submitted for recordation in a form that is
acceptable for recording in the applicable jurisdiction. The Ground Lease or an estoppel or other agreement received from the
ground lessor permits the interest of the lessee to be encumbered by the related Mortgage and does not restrict the use of the
related

 

    Exh. C-14

    

    

 

Mortgaged
Property by such lessee, its successors or assigns in a manner that would materially adversely affect the security provided by
the related Mortgage. No material change in the terms of the Ground Lease had occurred since its recordation, except by any written
instruments which are included in the related Mortgage File;

 

(b)       The
lessor under such Ground Lease has agreed in a writing included in the related Mortgage File (or in such Ground Lease or an estoppel
or other agreement received from the ground lessor) that the Ground Lease may not be amended or modified, or canceled or terminated
by agreement of lessor and lessee, without the prior written consent of the lender, and no such consent has been granted by Seller
since the origination of the Mortgage Loan except as reflected in any written instruments which are included in the related Mortgage
File;

 

(c)       The
Ground Lease has an original term (or an original term plus one or more optional renewal terms, which, under all circumstances,
may be exercised, and will be enforceable, by either Mortgagor or the Mortgagee) that extends not less than 20 years beyond the
stated maturity of the related Mortgage Loan, or 10 years past the stated maturity if such Mortgage Loan fully amortizes by the
stated maturity (or with respect to a Mortgage Loan that accrues on an actual 360 basis, substantially amortizes);

 

(d)       The
Ground Lease either (i) is not subject to any liens or encumbrances superior to, or of equal priority with, the Mortgage, except
for the related fee interest of the ground lessor and the Permitted Encumbrances, or (ii) is subject to a subordination, non-disturbance
and attornment agreement to which the Mortgagee on the lessor’s fee interest in the Mortgaged Property is subject;

 

(e)       The
Ground Lease does not place commercially unreasonable restrictions on the identity of the Mortgagee and the Ground Lease is
assignable (including pursuant to foreclosure) to the holder of the Mortgage Loan and its successors and assigns without the
consent of the lessor thereunder (or, if such consent is required it either has been obtained or cannot be unreasonably
withheld, provided that such Ground Lease has not been terminated and all amounts due thereunder have been paid), and
in the event it is so assigned, it is further assignable by the holder of the Mortgage Loan and its successors and assigns
without the consent of the lessor (or, if such consent is required it either has been obtained or cannot be unreasonably
withheld, provided that such Ground Lease has not been terminated and all amounts due thereunder have been
paid);

 

(f)       Seller
has not received any written notice of material default under or notice of termination of such Ground Lease. To Seller’s
knowledge, there is no material default under such Ground Lease and no condition that, but for the passage of time or giving of
notice, would result in a material default under the terms of such Ground Lease and to Seller’s knowledge, such Ground Lease
is in full force and effect as of the Closing Date;

 

    Exh. C-15

    

    

 

(g)       The
Ground Lease or ancillary agreement between the lessor and the lessee requires the lessor to give to the lender written notice
of any default, and provides that no notice of default or termination is effective against the lender unless such notice is given
to the lender;

 

(h)       A
lender is permitted a reasonable opportunity (including, where necessary, sufficient time to gain possession of the interest of
the lessee under the Ground Lease through legal proceedings) to cure any default under the Ground Lease which is curable after
the lender’s receipt of notice of any default before the lessor may terminate the Ground Lease;

 

(i)       The
Ground Lease does not impose any restrictions on subletting that would be viewed as commercially unreasonable by Seller in connection
with the origination of similar commercial or multifamily loans intended for securitization;

 

(j)       Under
the terms of the Ground Lease, an estoppel or other agreement received from the ground lessor and the related Mortgage (taken
together), any related insurance proceeds or the portion of the condemnation award allocable to the ground lessee’s interest
(other than (i) de minimis amounts for minor casualties or (ii) in respect of a total or substantially total loss or taking as
addressed in clause (k) below) will be applied either to the repair or to restoration of all or part of the related Mortgaged
Property with (so long as such proceeds are in excess of the threshold amount specified in the related Mortgage Loan documents)
the lender or a trustee appointed by it having the right to hold and disburse such proceeds as repair or restoration progresses,
or to the payment of the outstanding principal balance of the Mortgage Loan, together with any accrued interest;

 

(k)       In
the case of a total or substantially total taking or loss, under the terms of the Ground Lease, an estoppel or other agreement
and the related Mortgage (taken together), any related insurance proceeds, or portion of the condemnation award allocable to ground
lessee’s interest in respect of a total or substantially total loss or taking of the related Mortgaged Property to the extent
not applied to restoration, will be applied first to the payment of the outstanding principal balance of the Mortgage Loan, together
with any accrued interest; and

 

(l)       Provided
that the lender cures any defaults which are susceptible to being cured, the ground lessor has agreed to enter into a new lease
with lender upon termination of the Ground Lease for any reason, including rejection of the Ground Lease in a bankruptcy proceeding.

 

35.              
Servicing. The servicing and collection practices used by Seller with respect to the Mortgage Loan have been, in all respects,
legal and have met customary industry standards for servicing of commercial loans for conduit loan programs.

 

36.              
Origination and Underwriting. The origination practices of Seller (or the related originator if Seller was not the originator)
with respect to each Mortgage Loan have been,

 

    Exh. C-16

    

    

 

in
all material respects, legal and as of the date of its origination, such Mortgage Loan and the origination thereof complied in
all material respects with, or was exempt from, all requirements of federal, state or local law relating to the origination of
such Mortgage Loan; provided that such representation and warranty does not address or otherwise cover any matters with
respect to federal, state or local law otherwise covered in this Exhibit C.

 

37.              
No Material Default; Payment Record. No Mortgage Loan has been more than 30 days delinquent, without giving effect to any
grace or cure period, in making required payments since origination, and as of the date hereof, no Mortgage Loan is more than
30 days delinquent (beyond any applicable grace or cure period) in making required payments as of the Closing Date. To Seller’s
knowledge, there is (a) no material default, breach, violation or event of acceleration existing under the related Mortgage Loan,
or (b) no event (other than payments due but not yet delinquent) which, with the passage of time or with notice and the expiration
of any grace or cure period, would constitute a material default, breach, violation or event of acceleration, which default, breach,
violation or event of acceleration, in the case of either clause (a) or clause (b), materially and adversely affects
the value of the Mortgage Loan or the value, use or operation of the related Mortgaged Property, provided that this representation
and warranty does not cover any default, breach, violation or event of acceleration that specifically pertains to or arises out
of an exception scheduled to any other representation and warranty made by Seller in this Exhibit C. No person other than
the holder of such Mortgage Loan may declare any event of default under the Mortgage Loan or accelerate any indebtedness under
the Mortgage Loan documents.

 

38.              
Bankruptcy. As of the date of origination of the related Mortgage Loan and to Seller’s knowledge as of the Cut-off
Date, neither the Mortgaged Property (other than any tenants of such Mortgaged Property), nor any portion thereof, is the subject
of, and no Mortgagor, guarantor or tenant occupying a single-tenant property is a debtor in state or federal bankruptcy, insolvency
or similar proceeding.

 

39.              
Organization of Mortgagor. With respect to each Mortgage Loan, in reliance on certified copies of the organizational documents
of the Mortgagor delivered by the Mortgagor in connection with the origination of such Mortgage Loan, the Mortgagor is an entity
organized under the laws of a state of the United States of America, the District of Columbia or the Commonwealth of Puerto Rico.
Except with respect to any Crossed Mortgage Loan, no Mortgage Loan has a Mortgagor that is an Affiliate of another Mortgagor.
An “Affiliate” for purposes of this paragraph (39) means, a Mortgagor that is under direct or indirect common
ownership and control with another Mortgagor.

 

40.              
Environmental Conditions. A Phase I environmental site assessment (or update of a previous Phase I and or Phase II environmental
site assessment) and, with respect to certain Mortgage Loans, a Phase II environmental site assessment (collectively, an “ESA”)
meeting ASTM requirements conducted by a reputable environmental consultant in connection with such Mortgage Loan within 12 months
prior to its origination date (or an update of a previous ESA was prepared), and such ESA (i) did not identify the existence of
Recognized Environmental Conditions (as such term is defined in ASTM E1527-05 or its successor, hereinafter “Environmental
Condition”) at the related Mortgaged Property or the need for further investigation, or (ii) if the existence of an
Environmental Condition or need for further

 

    Exh. C-17

    

    

 

investigation
was indicated in any such ESA, then at least one of the following statements is true: (A) an amount reasonably estimated by a
reputable environmental consultant to be sufficient to cover the estimated cost to cure any material noncompliance with applicable
Environmental Laws or the Environmental Condition has been escrowed by the related Mortgagor and is held or controlled by the
related lender; (B) if the only Environmental Condition relates to the presence of asbestos-containing materials, radon in indoor
air, lead based paint or lead in drinking water, the only recommended action in the ESA is the institution of such a plan, an
operations or maintenance plan has been required to be instituted by the related Mortgagor that can reasonably be expected to
mitigate the identified risk; (C) the Environmental Condition identified in the related environmental report was remediated, abated
or contained in all material respects prior to the date hereof, and, if and as appropriate, a no further action, completion or
closure letter or its equivalent, was obtained from the applicable governmental regulatory authority (or the Environmental Condition
affecting the related Mortgaged Property was otherwise listed by such governmental authority as “closed” or a reputable
environmental consultant has concluded that no further action or investigation is required); (D) an environmental policy or a
lender’s pollution legal liability insurance policy that covers liability for the Environmental Condition was obtained from
an insurer rated no less than “A-” (or the equivalent) by Moody’s, S&P and/or Fitch; (E) a party not related
to the Mortgagor was identified as the responsible party for the Environmental Condition and such responsible party has financial
resources reasonably estimated to be adequate to address the situation; or (F) a party related to the Mortgagor having financial
resources reasonably estimated to be adequate to address the situation is required to take action. To Seller’s knowledge,
except as set forth in the ESA, there is no Environmental Condition at the related Mortgaged Property.

 

41.              
Appraisal. The Mortgage File contains an appraisal of the related Mortgaged Property with an appraisal date within 6 months
of the Mortgage Loan origination date, and within 12 months of the Closing Date. The appraisal is signed by an appraiser who is
a Member of the Appraisal Institute (“MAI”) and that (i) was engaged directly by the originator of the Mortgage
Loan or Seller, or a correspondent or agent of the originator of the Mortgage Loan or Seller, and (ii) to Seller’s knowledge,
had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and
whose compensation is not affected by the approval or disapproval of the Mortgage Loan. Each appraiser has represented in such
appraisal or in a supplemental letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional
Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal Foundation.

 

42.              
Mortgage Loan Schedule. The information pertaining to each Mortgage Loan which is set forth in the Mortgage Loan Schedule
is true and correct in all material respects as of the Cut-off Date and contains all information required by the Pooling and
Servicing Agreement to be contained therein.

 

43.              
Cross-Collateralization. No Mortgage Loan is cross-collateralized or cross-defaulted with any other mortgage loan that
is outside the Trust, except (i) as set forth on Exhibit C-32-3 of this Exhibit C and (ii) any Companion Loan
secured by the same Mortgage as the related Mortgage Loan.

 

    Exh. C-18

    

    

 

44.              
Advance of Funds by Seller. After origination, no advance of funds has been made by Seller to the related Mortgagor other
than in accordance with the Mortgage Loan documents, and, to Seller’s knowledge, no funds have been received from any person
other than the related Mortgagor or an affiliate for, or on account of, payments due on the Mortgage Loan (other than as contemplated
by the Mortgage Loan documents, such as, by way of example and not in limitation of the foregoing, amounts paid by the tenant(s)
into a lender-controlled lockbox if required or contemplated under the related lease or Mortgage Loan documents). Neither Seller
nor any affiliate thereof has any obligation to make any capital contribution to any Mortgagor under a Mortgage Loan, other than
contributions made on or prior to the date hereof.

 

45.              
Compliance with Anti-Money Laundering Laws. Seller has complied in all material respects with all applicable anti-money
laundering laws and regulations, including without limitation the USA Patriot Act of 2001 with respect to the origination of the
Mortgage Loan, the failure to comply with which would have a material adverse effect on the Mortgage Loan.

 

For
purposes of this Exhibit C, “Mortgagee” means the mortgagee, grantee or beneficiary under any Mortgage, any
holder of legal title to any portion of any Mortgage Loan or, if applicable, any agent or servicer on behalf of such party.

 

    Exh. C-19

    

    

 

Exhibit
C-32-1

 

List
of Mortgage Loans with Current Mezzanine Debt

 

	Exhibit
    A ID#	Mortgage
    Loan	Existing
    Mezzanine Debt
	[__]	[__]	$[__]
	[__]	[__]	$[__]

 

    Exh. C-32-1-1

    

    

 

Exhibit
C-32-2

 

List
of Mortgage Loans with Permitted Mezzanine Debt

 

	Exhibit
    A ID#	Mortgage
    Loan
	[__]	[__]
	[__]	[__]
	[__]	[__]

 

    Exh. C-32-2-1

    

    

Exhibit
C-32-3

 

List
of Cross-Collateralized and Cross-Defaulted Mortgage Loans

 

	Exhibit
    A ID#	Mortgage
    Loan
	[__]	[__]
	[__]	[__]
	[__]	[__]

 

    Exh. C-32-3-1

    

    

 

SCHEDULE
C

 

EXCEPTIONS
TO MORTGAGE LOAN REPRESENTATIONS AND WARRANTIES

 

The
exceptions to the representations and warranties set forth below are listed by the number of the related representation and warranty
set forth on Exhibit C and the mortgage loan name and number identified on Exhibit A. Capitalized terms
used but not otherwise defined in this Schedule C shall have the meanings set forth in Exhibit C or, if
not defined therein, in this Agreement.

 

	Rep.
    No.  on

    Exhibit C	Mortgage
    Loan and Number as Identified on Exhibit A	Description
    of the Exception
	[__]	[__]	[__]

 

    Sch. C-1

    

    

 

EXHIBIT
D-1

 

SAMPLE
FORM OF CERTIFICATE OF THE OFFICER OF THE MORTGAGE LOAN SELLER*

 

[MORTGAGE
LOAN SELLER]

 

ASSISTANT
SECRETARY’S CERTIFICATE

 

I,
[_____], an [JOB TITLE] of [MORTGAGE LOAN SELLER] (the “Mortgage Loan Seller”), hereby certify that:

 

		1.	Attached
                                         hereto as Exhibit A is a true and complete copy of the [ORGANIZATIONAL DOCUMENTS]
                                         of the Mortgage Loan Seller, which are in full force and effect on the date hereof.

 

		2.	Attached
                                         hereto as Exhibit B is a true and correct copy of the amended and restated
                                         Bylaws of the Mortgage Loan Seller, as in effect on the date hereof.

 

		3.	[The
                                         resolutions attached hereto as Exhibit C (the “Resolutions”) were adopted
                                         by the unanimous written consent in lieu of a meeting of the delegates of the Management
                                         Risk Committee (the “Committee”) of the Mortgage Loan Seller. Such resolutions
                                         have not been modified, amended, rescinded or revoked and remain in full force and effect
                                         on the date hereof.]

 

		4.	Each
                                         person who, as an officer or representative of the Mortgage Loan Seller, signed any document
                                         delivered in connection with the UBS Commercial Mortgage Trust 20[__]-[SERIES NUMBER]
                                         transaction was at the respective times of such signing and delivery, and is now, duly
                                         elected or appointed, qualified and acting as such officer or representative and the
                                         signatures of such persons appearing on such documents are their genuine signatures.

  

IN
WITNESS WHEREOF, I have signed this Certificate as of [DATE].

 

	 	Name:
	 	Title:

 

 

 

		*	If
                                         a Mortgage Loan Seller has a preferred form addressing at minimum items 1 through 4 above,
                                         please forward a copy from the most recent deal in which it was used (fully assembled
                                         with all related attachments) for our consideration.

 

    Exh. D-1-1

    

    

 

EXHIBIT
D-2

 

FORM
OF CERTIFICATE OF THE MORTGAGE LOAN SELLER

CERTIFICATE OF MORTGAGE LOAN SELLER

 

In
connection with the execution and delivery by [MORTGAGE LOAN SELLER] of, and consummation of the various transactions contemplated
by, that certain Mortgage Loan Purchase Agreement dated as of [DATE] (the “Mortgage Loan Purchase Agreement”)
between [MORTGAGE LOAN SELLER], as seller, and UBS Commercial Mortgage Securitization Corp., as purchaser, the undersigned hereby
certifies that (i) except as set forth on Schedule C to the Mortgage Loan Purchase Agreement, the representations and warranties
of [MORTGAGE LOAN SELLER] in or made pursuant to Section 4(a) and Section 4(b) of the Mortgage Loan Purchase Agreement are
true and correct in all material respects on and as of the date hereof with the same effect as if made on the date hereof, (ii)
[MORTGAGE LOAN SELLER] has, in all material respects, complied with all the agreements and satisfied all the conditions on its
part required under the Mortgage Loan Purchase Agreement to be performed or satisfied on or prior to the date hereof, and (iii) since
the date of the Mortgage Loan Purchase Agreement, there will not have been, immediately prior to the transfer of the Mortgage
Loans pursuant to the Mortgage Loan Purchase Agreement, any material adverse change in the financial condition of [MORTGAGE LOAN
SELLER]. Capitalized terms used but not defined herein shall have the respective meanings assigned to them in the Mortgage Loan
Purchase Agreement.

 

	Certified this [DATE].	
	 	[MORTGAGE
    LOAN SELLER]
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    Exh. D-2-2

    

    

 

EXHIBIT
E

 

FORM
OF OFFICER’S CERTIFICATE OF

[MORTGAGE LOAN SELLER]

 

[DATE]

 

UBS
Commercial Mortgage Securitization Corp.

1285 Avenue of the Americas

New York, New York 10019

Nicholas.galeone@ubs.com

 

Cadwalader,
Wickersham & Taft LLP

One World Financial Center

New York, New York

Attention: Frank Polverino, Esq.

Facsimile: (212) 504-6820

Frank.Polverino@cwt.com

 

With
copies to the Addressees listed on Schedule A

 

Re:
UBS 20[__]-[SERIES NUMBER] – Officer’s Certificate Pursuant to Section 4(i) of the Mortgage Loan Purchase Agreement

 

Reference
is hereby made to that certain Pooling and Servicing Agreement, dated [DATE], and that certain Mortgage Loan Purchase Agreement,
dated [DATE] (the “Mortgage Loan Purchase Agreement”), between the undersigned (the “Mortgage Loan
Seller”) and UBS Commercial Mortgage Securitization Corp. (the “Depositor”). In accordance with Section
4(i) of the Mortgage Loan Purchase Agreement, the Mortgage Loan Seller hereby certifies to the Depositor, as follows:

 

		1.	The
                                         Mortgage Loan Seller has delivered the Diligence File (as defined in the Pooling and
                                         Servicing Agreement) with respect to each Mortgage Loan to the Designated Site (as defined
                                         in the Pooling and Servicing Agreement); and

 

		2.	Each
                                         Diligence File constitutes all documents required under the definition of “Diligence
                                         File” and such Diligence File is organized and categorized in accordance with the
                                         electronic file structure reasonably agreed to by the Depositor and Mortgage Loan Seller.

 

Capitalized
terms used herein without definition have the meanings given them in the Mortgage Loan Purchase Agreement.

 

     Exh. E-1

     

    

 

IN
WITNESS WHEREOF, the undersigned has caused this diligence file certification to be executed by its duly authorized officer or
representative, the [DAY OF THE MONTH] day of [MONTH],[YEAR].

 

	 	Sincerely yours,
	 	 
		[MORTGAGE
    LOAN SELLER]
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

  

     Exh. E-2

     

    

 

SCHEDULE
A

 

LIST
OF ADDRESSEES TO BE COPIED

 

MASTER
SERVICER: 

[MASTER
SERVICER] 

[ADDRESS
LINE 1] 

[ADDRESS
LINE 2] 

Attention:
[NAME] 

[FAX/PHONE
NUMBER] 

[EMAIL
ADDRESS]

 

SPECIAL
SERVICER: 

[SPECIAL
SERVICER] 

[ADDRESS
LINE 1] 

[ADDRESS
LINE 2] 

Attention:
[NAME] 

[FAX/PHONE
NUMBER] 

[EMAIL
ADDRESS]

 

CERTIFICATE
ADMINISTRATOR: 

[CERTIFICATE
ADMINISTRATOR] 

[ADDRESS
LINE 1] 

[ADDRESS
LINE 2] 

Attention:
[NAME] 

[FAX/PHONE
NUMBER] 

[EMAIL
ADDRESS]

 

TRUSTEE: 

[TRUSTEE] 

[ADDRESS
LINE 1] 

[ADDRESS
LINE 2] 

Attention:
[NAME] 

[FAX/PHONE
NUMBER] 

[EMAIL
ADDRESS]

 

DIRECTING
CERTIFICATEHOLDER: 

[DIRECTING
CERTIFICATEHOLDER] 

[ADDRESS
LINE 1] 

[ADDRESS
LINE 2] 

Attention:
[NAME] 

[FAX/PHONE
NUMBER] 

[EMAIL
ADDRESS]

 

     Exh. E-3

     

    

 

ASSET
REPRESENTATIONS REVIEWER: 

[ASSET
REPRESENTATIONS REVIEWER] 

[ADDRESS
LINE 1] 

[ADDRESS
LINE 2] 

Attention:
[NAME] 

[FAX/PHONE
NUMBER] 

[EMAIL
ADDRESS]

 

OPERATING
ADVISOR: 

[OPERATING
ADVISOR] 

[ADDRESS
LINE 1] 

[ADDRESS
LINE 2] 

Attention:
[NAME] 

[FAX/PHONE
NUMBER] 

[EMAIL
ADDRESS]

 

     Exh. E-4

     

    

 

EXHIBIT
F

 

FORM
LOAN SELLER OFFICER’S CERTIFICATION

 

I,
[identity of certifying individual], the [title]
of [name of seller] (the “Seller”) on behalf of the Seller,
as [TITLE] of the Seller, hereby certify as of [DATE] to Nicholas Galeone, and with the knowledge and intent that he will rely
upon this certification in connection with the certification to be signed by him and submitted to the Securities and Exchange
Commission pursuant to Regulation AB, that:

 

		1.	I
                                         have reviewed the preliminary prospectus (the “Prospectus”) relating
                                         to UBS Commercial Mortgage Securitization Corp., Commercial Mortgage Pass-Through Certificates,
                                         Series 20[__]-[SERIES NUMBER] (the “Securities”) and am familiar
                                         with, in all material respects, (a) the characteristics of the loans underlying the offering
                                         that will be conveyed by the Seller to UBS Commercial Mortgage Securitization Corp. (the
                                         “Seller’s Loans”), and (b) all material underlying transaction
                                         agreements to which the Seller is a party and entered into by Seller in connection with
                                         the securitization of the Seller’s Loans;

 

		2.	Based
                                         on my knowledge, the Prospectus does not contain any untrue statement of a material fact
                                         or omit to state a material fact necessary to make the statements made, in light of the
                                         circumstances under which such statements were made, not misleading, but only if and
                                         to the extent that any such untrue statement or omission relates to the Seller or the
                                         Seller’s Loans; and

 

		3.	Based
                                         on my knowledge, the Prospectus and other information included in the registration statement
                                         of which it will be a part and provided to me for review, collectively, fairly present,
                                         in all material respects, the characteristics of the Seller’s Loans, including
                                         the risks relating to the Seller’s Loans that would affect the cash flows available
                                         to service payments or distributions on the Securities in accordance with their terms.

 

This
Certification is being signed by me solely in my capacity as a duly authorized [senior officer of the Seller][representative of
the Seller directly responsible for the underwriting, origination and/or sale of the Seller’s Loans] and not in my individual
capacity. This Certification is solely for the benefit of Nicholas Galeone and not for the benefit of any other party or person.

 

	 	By:	 
	 	 	Name:
	 	 	Title:

 

    Exh. F-1slb-ex101_165.htm

 

Exhibit 10.1

 

SCHLUMBERGER LIMITED

RESTORATION SAVINGS PLAN 

 

(As Amended and Restated Effective January 1, 2014)

 

Third Amendment

Schlumberger Limited, a Curacao corporation (the “Company”), having reserved the right under Section 8.02 of the Schlumberger Limited Restoration Savings Plan, as amended and restated effective as of January 1, 2014, and as thereafter amended (the “Plan”), to amend the Plan, does hereby amend the Plan, effective as of January 1, 2018, as follows:

1. Section 1.19A of the Plan is hereby added to the Plan to read as follows:

“1.19A‘Non-Elective Contributions’ shall mean the amount contributed by the Employer in accordance with Section 4.03.”

2.Section 1.25A of the Plan is hereby added to the Plan to read as follows:

“1.25A‘Transfer Date’ shall mean the date a Transfer Employee meets the requirements to become an Eligible Employee.”

3.Section 1.25B of the Plan is hereby added to the Plan to read as follows:

“1.25B‘Transfer Employee’ shall means an individual who is an employee compensated on a non-U.S. payroll of an Employer or an Affiliate and transfers into a position that qualifies him or her as an Eligible Employee.”

4.Section 3.01 of the Plan is hereby amended by adding a new paragraph to the end thereof to read as follows:

“Notwithstanding the foregoing, and subject to Section 4.03, Transfer Employees may commence participation in the Plan in the year in which the Transfer Date occurs regardless of any election to defer Compensation.”

5.A new Section 4.03 is hereby added to the Plan to read as follows:

“4.03   Non-Elective Contributions. Effective January 1, 2018, for Transfer Employees who are paid an annual incentive bonus from the U.S. payroll of an Employer after the Transfer Date and in the same calendar year as the Transfer Date, a Non-Elective Contribution shall be made equal to the Matching Contribution that would have been made had the Transfer Employee elected to 

 

 

defer 6% of the portion of such annual incentive bonus that would constitute Excess Compensation. Such contributions shall be made by the Employer as soon as administratively practicable following the payroll period in which the applicable annual incentive bonus is paid.” 

 

6.A new Section 5.02A is hereby added to the Plan to read as follows:

“5.02A   Allocation of Non-Elective Contributions. As of the pay period to which the contributions relate, the Employer shall allocate the Non-Elective Contributions, if any, among the Accounts of Transfer Employees during such pay period.”

 

7.Section 6.01(a) of the Plan is hereby amended by adding a new sentence to the end thereof to read as follows:

 “Non-Elective Contributions shall be subject to the same vesting schedule as would be applicable to Matching Contributions as described above.”

 

 

IN WITNESS WHEREOF, the Company has caused these presents to be executed by its duly authorized officer in a number of copies, each of which shall be deemed an original but all of which shall constitute but one and the same instrument which may be sufficiently evidenced by an executed copy hereof, this twenty first day of August, 2018, but effective as of the date set forth herein.

SCHLUMBERGER LIMITED

 

/s/ Alexander C. Juden

      Alexander C. Juden

     Secretary and General Counsel

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00288-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00288-of-00352.parquet"}]]