Document:

EXHIBIT 10.1

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             J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.,

                                    PURCHASER

                           JPMORGAN CHASE BANK, N.A.,

                                     SELLER

                        MORTGAGE LOAN PURCHASE AGREEMENT

                            Dated as of July 1, 2007

                            Fixed Rate Mortgage Loans

                                Series 2007-LDP11

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            This Mortgage Loan Purchase Agreement (this "Agreement"), dated
as of July 1, 2007, is between J.P. Morgan Chase Commercial Mortgage
Securities Corp., as purchaser (the "Purchaser"), and JPMorgan Chase Bank,
N.A., as seller (the "Seller").

            Capitalized terms used in this Agreement not defined herein shall
have the meanings ascribed to them in the Pooling and Servicing Agreement dated
as of July 1, 2007 (the "Pooling and Servicing Agreement") among the Purchaser,
as depositor (the "Depositor"), Wachovia Bank, National Association, as master
servicer (the "Master Servicer"), CWCapital Asset Management LLC, as special
servicer (the "Special Servicer"), and LaSalle Bank National Association, as
trustee (the "Trustee"), pursuant to which the Purchaser will sell the Mortgage
Loans (as defined herein) to a trust fund and certificates representing
ownership interests in the Mortgage Loans will be issued by the trust fund. For
purposes of this Agreement, the term "Mortgage Loans" refers to the mortgage
loans listed on Exhibit A and the term "Mortgaged Properties" refers to the
properties securing such Mortgage Loans.

            The Purchaser and the Seller wish to prescribe the manner of sale of
the Mortgage Loans from the Seller to the Purchaser and in consideration of the
premises and the mutual agreements hereinafter set forth, agree as follows:

            SECTION 1. Sale and Conveyance of Mortgages; Possession of Mortgage
File. Effective as of the Closing Date and upon receipt of the purchase price
set forth in the immediately succeeding paragraph, the Seller does hereby sell,
transfer, assign, set over and convey to the Purchaser, without recourse
(subject to certain agreements regarding servicing as provided in the Pooling
and Servicing Agreement, subservicing agreements permitted thereunder and that
certain Servicing Rights Purchase Agreement, dated as of the Closing Date
between the Master Servicer and the Seller) all of its right, title, and
interest in and to the Mortgage Loans including all interest and principal
received on or with respect to the Mortgage Loans after the Cut-off Date (other
than payments of principal and interest first due on the Mortgage Loans on or
before the Cut-off Date). Upon the sale of the Mortgage Loans, the ownership of
each related Mortgage Note, the Mortgage and the other contents of the related
Mortgage File will be vested in the Purchaser and immediately thereafter the
Trustee and the ownership of records and documents with respect to the related
Mortgage Loan prepared by or which come into the possession of the Seller (other
than the records and documents described in the proviso to Section 3(a) hereof)
shall immediately vest in the Purchaser and immediately thereafter the Trustee.
The Seller's records will accurately reflect the sale of each Mortgage Loan to
the Purchaser. On the Closing Date, the Seller shall also deliver to the
Depositor an amount equal to $869,723.23, which amount represents the aggregate
amount of interest that would have accrued at the related Mortgage Rates on the
applicable Mortgage Loans commencing July 1, 2007 for those Mortgage Loans that
do not have a Due Date in July 2007. The Depositor will sell the Class A-1,
Class A-2, Class A-2FL, Class A-3, Class A-4, Class A-SB, Class A-1A, Class X,
Class A-M, Class A-J, Class B, Class C, Class D, Class E and Class F
Certificates (the "Offered Certificates") to the underwriters (the
"Underwriters") specified in the underwriting agreement dated June 28, 2007 (the
"Underwriting Agreement") between the Depositor and J.P. Morgan Securities Inc.
("JPMSI") for itself and as representative of the several underwriters
identified therein, and the Depositor will sell the Class G, Class H, Class J,
Class K, Class L, Class M, Class N, Class P, Class Q, Class T and Class NR
Certificates (the "Private Certificates") to JPMSI and UBS Securities LLC, the
initial purchasers (together with the Underwriters, the "Dealers") specified in
the certificate purchase agreement dated June 28, 2007 (the "Certificate
Purchase Agreement"), between the Depositor and JPMSI for itself and as
representative of the initial purchasers identified therein.

            The sale and conveyance of the Mortgage Loans is being conducted on
an arms length basis and upon commercially reasonable terms. As the purchase
price for the Mortgage Loans, the Purchaser shall pay to the Seller or at the
Seller's direction in immediately available funds the sum of $1,271,345,129.15
(which amount is inclusive of accrued interest and exclusive of the Seller's pro
rata share of the costs set forth in Section 9 hereof). The purchase and sale of
the Mortgage Loans shall take place on the Closing Date.

            SECTION 2. Books and Records; Certain Funds Received After the
Cut-off Date. From and after the sale of the Mortgage Loans to the Purchaser,
record title to each Mortgage and the related Mortgage Note shall be transferred
to the Trustee in accordance with this Agreement. Any funds due after the
Cut-off Date in connection with a Mortgage Loan received by the Seller shall be
held in trust for the benefit of the Trustee as the owner of such Mortgage Loan
and shall be transferred promptly to the Master Servicer. All scheduled payments
of principal and interest due on or before the Cut-off Date but collected after
the Cut-off Date, and recoveries of principal and interest collected on or
before the Cut-off Date (only in respect of principal and interest on the
Mortgage Loans due on or before the Cut-off Date and principal prepayments
thereon), shall belong to, and shall be promptly remitted to, the Seller.

            The transfer of each Mortgage Loan shall be reflected on the
Seller's balance sheets and other financial statements as a sale of the Mortgage
Loans by the Seller to the Purchaser. The Seller intends to treat the transfer
of each Mortgage Loan to the Purchaser as a sale for tax purposes.

            The transfer of each Mortgage Loan shall be reflected on the
Purchaser's balance sheets and other financial statements as a purchase of the
Mortgage Loans by the Purchaser from the Seller. The Purchaser intends to treat
the transfer of each Mortgage Loan from the Seller as a purchase for tax
purposes.

            SECTION 3. Delivery of Mortgage Loan Documents; Additional Costs and
Expenses. (a) The Purchaser hereby directs the Seller, and the Seller hereby
agrees, upon the transfer of the Mortgage Loans contemplated herein, to deliver
on the Closing Date to the Trustee or a Custodian appointed thereby, all
documents, instruments and agreements required to be delivered by the Purchaser
to the Trustee with respect to the Mortgage Loans under Sections 2.01(b) and
2.01(c) of the Pooling and Servicing Agreement, and meeting all the requirements
of such Sections 2.01(b) and 2.01(c), and such other documents, instruments and
agreements as the Purchaser or the Trustee shall reasonably request. In
addition, the Seller agrees to deliver or cause to be delivered to the Master
Servicer, the Servicing File for each Mortgage Loan transferred pursuant to this
Agreement; provided that the Seller shall not be required to deliver any draft
documents, or any attorney client communications which are privileged
communications or constitute legal or other due diligence analyses, or internal
communications of the Seller or its affiliates, or credit underwriting or other
analyses or data.

            (b) With respect to the transfer described in Section 1 hereof, if
the Mortgage Loan documents do not require the related Mortgagor to pay any
costs and expenses relating to any modifications to a related letter of credit
which modifications are required to effectuate such transfer (the "Transfer
Modification Costs"), then the Seller shall pay the Transfer Modification Costs
required to transfer the letter of credit to the Trustee as described in such
Section 1; provided that if the Mortgage Loan documents require the related
Mortgagor to pay any Transfer Modification Costs, such Transfer Modification
Costs shall be an expense of the Mortgagor unless such Mortgagor fails to pay
such Transfer Modification Costs after the Master Servicer has exercised all
remedies available under the Mortgage Loan documents to collect such Transfer
Modification Costs from such Mortgagor, in which case the Master Servicer shall
give the Seller notice of such failure and the amount of such Transfer
Modification costs and the Seller shall pay such Transfer Modification Costs.

            SECTION 4. Treatment as a Security Agreement. The Seller,
concurrently with the execution and delivery hereof, has conveyed to the
Purchaser, all of its right, title and interest in and to the Mortgage Loans.
The parties intend that such conveyance of the Seller's right, title and
interest in and to the Mortgage Loans pursuant to this Agreement shall
constitute a purchase and sale and not a loan. If such conveyance is deemed to
be a pledge and not a sale, then the parties also intend and agree that the
Seller shall be deemed to have granted, and in such event does hereby grant, to
the Purchaser, a first priority security interest in all of its right, title and
interest in, to and under the Mortgage Loans, all payments of principal or
interest on such Mortgage Loans due after the Cut-off Date, all other payments
made in respect of such Mortgage Loans after the Cut-off Date (except to the
extent such payments were due on or before the Cut-off Date) and all proceeds
thereof and that this Agreement shall constitute a security agreement under
applicable law. If such conveyance is deemed to be a pledge and not a sale, the
Seller consents to the Purchaser hypothecating and transferring such security
interest in favor of the Trustee and transferring the obligation secured thereby
to the Trustee.

            SECTION 5. Covenants of the Seller. The Seller covenants with the
Purchaser as follows:

            (a) it shall record or cause a third party to record in the
appropriate public recording office for real property the intermediate
assignments of the Mortgage Loans and the Assignments of Mortgage from the
Seller to the Trustee in connection with the Pooling and Servicing Agreement.
All recording fees relating to the initial recordation of such intermediate
assignments and Assignments of Mortgage shall be paid by the Seller;

            (b) it shall take any action reasonably required by the Purchaser,
the Trustee or the Master Servicer, in order to assist and facilitate in the
transfer of the servicing of the Mortgage Loans to the Master Servicer,
including effectuating the transfer of any letters of credit with respect to any
Mortgage Loan to the Trustee (in care of the Master Servicer) for the benefit of
Certificateholders. Prior to the date that a letter of credit, if any, with
respect to any Mortgage Loan is transferred to the Trustee (in care of the
Master Servicer), the Seller will cooperate with the reasonable requests of the
Master Servicer or Special Servicer, as applicable, in connection with
effectuating a draw under such letter of credit as required under the terms of
the related Mortgage Loan documents;

            (c) if, during such period of time after the first date of the
public offering of the Offered Certificates as in the opinion of counsel for the
Underwriters, a prospectus relating to the Offered Certificates is required by
applicable law to be delivered in connection with sales thereof by an
Underwriter or a Dealer, any event shall occur as a result of which it is
necessary to amend or supplement the Prospectus Supplement, including Annexes
A-1, A-2, A-3 and B thereto and the Diskette included therewith, with respect to
any information relating to the Mortgage Loans or the Seller, in order to make
the statements therein, in the light of the circumstances when the Prospectus
Supplement is delivered to a purchaser, not misleading, or if it is necessary to
amend or supplement the Prospectus Supplement, including Annexes A-1, A-2, A-3
and B thereto and the Diskette included therewith, with respect to any
information relating to the Mortgage Loans or the Seller, to comply with
applicable law, the Seller shall do all things necessary to assist the Depositor
to prepare and furnish, at the expense of the Seller (to the extent that such
amendment or supplement relates to the Seller, the Mortgage Loans listed on
Exhibit A and/or any information relating to the same, as provided by the
Seller), to the Underwriters such amendments or supplements to the Prospectus
Supplement as may be necessary, so that the statements in the Prospectus
Supplement as so amended or supplemented, including Annexes A-1, A-2, A-3 and B
thereto and the Diskette included therewith, with respect to any information
relating to the Mortgage Loans or the Seller, will not, in the light of the
circumstances when the Prospectus is so amended or supplemented, be misleading
or so that the Prospectus Supplement, including Annexes A-1, A-2, A-3 and B
thereto and the Diskette included therewith, with respect to any information
relating to the Mortgage Loans or the Seller, will comply with applicable law.
All terms used in this clause (c) and not otherwise defined herein shall have
the meaning set forth in the Indemnification Agreement, dated as of June 28,
2007 between the Purchaser and the Seller (the "Indemnification Agreement"); and

            (d) for so long as the Trust is subject to the reporting
requirements of the Exchange Act, the Seller shall provide the Purchaser (or
with respect to any Companion Loan related to a Serviced Whole Loan or any
Serviced Securitized Companion Loan that is deposited into an Other
Securitization or a Regulation AB Companion Loan Securitization, the depositor
in such Other Securitization or Regulation AB Companion Loan Securitization) and
the Trustee with any Additional Form 10-D Disclosure and any Additional Form
10-K Disclosure set forth next to the Purchaser's name on Schedule X and
Schedule Y of the Pooling and Servicing Agreement within the time periods set
forth in the Pooling and Servicing Agreement.

            SECTION 6. Representations and Warranties.

            (a) The Seller represents and warrants to the Purchaser as of the
Closing Date that:

            (i) it is a national banking association, duly organized, validly
      existing, and in good standing under the laws of the United States;

            (ii) it has the power and authority to own its property and to carry
      on its business as now conducted;

            (iii) it has the power to execute, deliver and perform this
      Agreement;

            (iv) it is legally authorized to transact business in the State of
      New York. The Seller is in compliance with the laws of each state in which
      any Mortgaged Property is located to the extent necessary so that a
      subsequent holder of the related Mortgage Loan (including, without
      limitation, the Purchaser) that is in compliance with the laws of such
      state would not be prohibited from enforcing such Mortgage Loan solely by
      reason of any non-compliance by the Seller;

            (v) the execution, delivery and performance of this Agreement by the
      Seller have been duly authorized by all requisite action by the Seller's
      board of directors and will not violate or breach any provision of its
      organizational documents;

            (vi) this Agreement has been duly executed and delivered by the
      Seller and constitutes a legal, valid and binding obligation of the
      Seller, enforceable against it in accordance with its terms (except as
      enforcement thereof may be limited by bankruptcy, receivership,
      conservatorship, reorganization, insolvency, moratorium or other laws
      affecting the enforcement of creditors' rights generally and by general
      equitable principles regardless of whether enforcement is considered in a
      proceeding in equity or at law);

            (vii) there are no legal or governmental proceedings pending to
      which the Seller is a party or of which any property of the Seller is the
      subject which, if determined adversely to the Seller, would reasonably be
      expected to adversely affect (A) the transfer of the Mortgage Loans and
      the Mortgage Loan documents as contemplated herein, (B) the execution and
      delivery by the Seller or enforceability against the Seller of the
      Mortgage Loans or this Agreement, or (C) the performance of the Seller's
      obligations hereunder;

            (viii) it has no actual knowledge that any statement, report,
      officer's certificate or other document prepared and furnished or to be
      furnished by the Seller in connection with the transactions contemplated
      hereby (including, without limitation, any financial cash flow models and
      underwriting file abstracts furnished by the Seller) contains any untrue
      statement of a material fact or omits to state a material fact necessary
      in order to make the statements contained therein, in the light of the
      circumstances under which they were made, not misleading;

            (ix) it is not, nor with the giving of notice or lapse of time or
      both would be, in violation of or in default under any indenture,
      mortgage, deed of trust, loan agreement or other agreement or instrument
      to which it is a party or by which it or any of its properties is bound,
      except for violations and defaults which individually and in the aggregate
      would not have a material adverse effect on the transactions contemplated
      herein; the sale of the Mortgage Loans and the performance by the Seller
      of all of its obligations under this Agreement and the consummation by the
      Seller of the transactions herein contemplated do not conflict with or
      result in a breach of any of the terms or provisions of, or constitute a
      default under, any material indenture, mortgage, deed of trust, loan
      agreement or other agreement or instrument to which the Seller is a party
      or by which the Seller is bound or to which any of the property or assets
      of the Seller is subject, nor will any such action result in any violation
      of the provisions of any applicable law or statute or any order, rule or
      regulation of any court or governmental agency or body having jurisdiction
      over the Seller, or any of its properties, except for conflicts, breaches,
      defaults and violations which individually and in the aggregate would not
      have a material adverse effect on the transactions contemplated herein;
      and no consent, approval, authorization, order, license, registration or
      qualification of or with any such court or governmental agency or body is
      required for the consummation by the Seller of the transactions
      contemplated by this Agreement, other than any consent, approval,
      authorization, order, license, registration or qualification that has been
      obtained or made;

            (x) it has either (A) not dealt with any Person (other than the
      Purchaser or the Dealers or their respective affiliates or any servicer of
      a Mortgage Loan) that may be entitled to any commission or compensation in
      connection with the sale or purchase of the Mortgage Loans or entering
      into this Agreement or (B) paid in full any such commission or
      compensation (except with respect to any servicer of a Mortgage Loan, any
      commission or compensation that may be due and payable to such servicer if
      such servicer is terminated and does not continue to act as a servicer);
      and

            (xi) it is solvent and the sale of the Mortgage Loans hereunder will
      not cause it to become insolvent; and the sale of the Mortgage Loans is
      not undertaken with the intent to hinder, delay or defraud any of the
      Seller's creditors.

            (b) The Purchaser represents and warrants to the Seller as of the
Closing Date that:

            (i) it is a corporation duly organized, validly existing, and in
      good standing in the State of Delaware;

            (ii) it is duly qualified as a foreign corporation in good standing
      in all jurisdictions in which ownership or lease of its property or the
      conduct of its business requires such qualification, except where the
      failure to be so qualified would not have a material adverse effect on the
      Purchaser, and the Purchaser is conducting its business so as to comply in
      all material respects with the applicable statutes, ordinances, rules and
      regulations of each jurisdiction in which it is conducting business;

            (iii) it has the power and authority to own its property and to
      carry on its business as now conducted;

            (iv) it has the power to execute, deliver and perform this
      Agreement, and neither the execution and delivery by the Purchaser of this
      Agreement, nor the consummation by the Purchaser of the transactions
      herein contemplated, nor the compliance by the Purchaser with the
      provisions hereof, will (A) conflict with or result in a breach of, or
      constitute a default under, any of the provisions of the certificate of
      incorporation or by-laws of the Purchaser or any of the provisions of any
      law, governmental rule, regulation, judgment, decree or order binding on
      the Purchaser or any of its properties, or any indenture, mortgage,
      contract or other instrument or agreement to which the Purchaser is a
      party or by which it is bound, or (B) result in the creation or imposition
      of any lien, charge or encumbrance upon any of the Purchaser's property
      pursuant to the terms of any such indenture, mortgage, contract or other
      instrument or agreement;

            (v) this Agreement constitutes a legal, valid and binding obligation
      of the Purchaser enforceable against it in accordance with its terms
      (except as enforcement thereof may be limited by (a) bankruptcy,
      receivership, conservatorship, reorganization, insolvency, moratorium or
      other laws affecting the enforcement of creditors' rights generally and
      (b) general equitable principles (regardless of whether enforcement is
      considered in a proceeding in equity or law));

            (vi) there are no legal or governmental proceedings pending to which
      the Purchaser is a party or of which any property of the Purchaser is the
      subject which, if determined adversely to the Purchaser, might interfere
      with or adversely affect the consummation of the transactions contemplated
      herein and in the Pooling and Servicing Agreement; to the best of the
      Purchaser's knowledge, no such proceedings are threatened or contemplated
      by any governmental authorities or threatened by others;

            (vii) it is not in default with respect to any order or decree of
      any court or any order, regulation or demand of any federal, state
      municipal or governmental agency, which default might have consequences
      that would materially and adversely affect the condition (financial or
      other) or operations of the Purchaser or its properties or might have
      consequences that would materially and adversely affect its performance
      hereunder;

            (viii) it has not dealt with any broker, investment banker, agent or
      other person, other than the Seller, the Dealers and their respective
      affiliates, that may be entitled to any commission or compensation in
      connection with the purchase and sale of the Mortgage Loans or the
      consummation of any of the transactions contemplated hereby;

            (ix) all consents, approvals, authorizations, orders or filings of
      or with any court or governmental agency or body, if any, required for the
      execution, delivery and performance of this Agreement by the Purchaser
      have been obtained or made; and

            (x) it has not intentionally violated any provisions of the United
      States Banking Secrecy Act, the United States Money Laundering Control Act
      of 1986 or the United States International Money Laundering Abatement and
      Anti-Terrorism Financing Act of 2001.

            (c) The Seller further makes the representations and warranties as
to the Mortgage Loans set forth in Exhibit B as of the Closing Date (or as of
such other date if specifically provided in the particular representation or
warranty), which representations and warranties are subject to the exceptions
thereto set forth in Exhibit C. Neither the delivery by the Seller of the
Mortgage Files, Servicing Files, or any other documents required to be delivered
under Section 2.01 of the Pooling and Servicing Agreement, nor the review
thereof or any other due diligence by the Trustee, any Master Servicer, the
Special Servicer, a Certificate Owner or any other Person shall relieve the
Seller of any liability or obligation with respect to any representation or
warranty or otherwise under this Agreement or constitute notice to any Person of
a Breach or Defect.

            (d) Pursuant to this Agreement or Section 2.03(b) of the Pooling and
Servicing Agreement, the Seller and the Purchaser shall be given notice of any
Breach or Defect that materially and adversely affects the value of any Mortgage
Loan, the value of the related Mortgaged Property or the interests of the
Trustee or any Certificateholder therein.

            (e) Upon notice pursuant to Section 6(d) above, the Seller shall,
not later than 90 days from the earlier of the Seller's receipt of the notice
or, in the case of a Defect or Breach 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 Regulation Section 1.860G-2(f)(2) that
causes a defective mortgage loan to be treated as a qualified mortgage, the
Seller's discovery of such Breach or Defect (the "Initial Resolution Period"),
(i) cure such Defect or Breach, as the case may be, in all material respects,
(ii) repurchase the affected Mortgage Loan at the applicable Repurchase Price
(as defined below) or (iii) substitute a Qualified Substitute Mortgage Loan (as
defined below) for such affected Mortgage Loan (provided that in no event shall
any such substitution occur later than the second anniversary of the Closing
Date) and pay the Master Servicer for deposit into the Certificate Account, any
Substitution Shortfall Amount (as defined below) in connection therewith;
provided, however, except with respect to a Defect resulting solely from the
failure by the Seller to deliver to the Trustee or Custodian the actual policy
of lender's title insurance required pursuant to clause (ix) of the definition
of Mortgage File by a date not later than 18 months following the Closing Date,
if such Breach or Defect is capable of being cured but is not cured within the
Initial Resolution Period, and the Seller has commenced and is diligently
proceeding with the cure of such Breach or Defect within the Initial Resolution
Period, the Seller shall have an additional 90 days commencing immediately upon
the expiration of the Initial Resolution Period (the "Extended Resolution
Period") to complete such cure (or, failing such cure, to repurchase the related
Mortgage Loan or substitute a Qualified Substitute Mortgage Loan as described
above); and provided, further, with respect to the Extended Resolution Period
the Seller shall have delivered an officer's certificate to the Rating Agencies,
the Master Servicer, the Special Servicer, the Trustee and the Directing
Certificateholder setting forth the reason such Breach or Defect is not capable
of being cured within the Initial Resolution Period and what actions the Seller
is pursuing in connection with the cure thereof and stating that the Seller
anticipates that such Breach or Defect will be cured within the Extended
Resolution Period. Notwithstanding the foregoing, any Defect or Breach which
causes any Mortgage Loan not to be a "qualified mortgage" (within the meaning of
Section 860G(a)(3) of the Code, without regard to the rule of Treasury
Regulations Section 1.860G-2(f)(2) which causes a defective mortgage loan to be
treated as a qualified mortgage) shall be deemed to materially and adversely
affect the interests of the holders of the Certificates therein, and such
Mortgage Loan shall be repurchased or a Qualified Substitute Mortgage Loan
substituted in lieu thereof without regard to the extended cure period described
in the preceding sentence. If the affected Mortgage Loan is to be repurchased,
the Seller shall remit the Repurchase Price (defined below) in immediately
available funds to the Trustee.

            If any Breach 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
Seller shall cure such Breach within the applicable cure period (as the same may
be extended) by reimbursing the Trust Fund (by wire transfer of immediately
available funds) the reasonable amount of any such costs and expenses incurred
by the Master Servicer, the Special Servicer, the Trustee or the Trust Fund that
are the basis of such Breach and have not been reimbursed by the related
Mortgagor; provided, however, in the event any such costs and expenses exceed
$10,000, the Seller shall have the option to either repurchase or substitute for
the related Mortgage Loan as provided above or pay such costs and expenses.
Except as provided in the proviso to the immediately preceding sentence, the
Seller shall remit the amount of such costs and expenses and upon its making
such remittance, the 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 Seller are subsequently obtained from the related Mortgagor, the portion of
the cure payment equal to such fees or expenses obtained from the Mortgagor
shall be returned to the Seller pursuant to Section 2.03(f) of the Pooling and
Servicing Agreement. Notwithstanding the foregoing, the sole remedy with respect
to any breach of the representation set forth in the second to last sentence of
clause (32) of Exhibit B hereto shall be payment by the Seller of such costs and
expenses without respect to the materiality of such breach.

            Any of the following will cause a document in the Mortgage File to
be deemed to have a Defect and to be conclusively presumed to materially and
adversely affect the interests of Certificateholders in a Mortgage Loan and to
be deemed to materially and adversely affect the interests of the
Certificateholders in and the value of a Mortgage Loan: (a) the absence from the
Mortgage File of the original signed Mortgage Note, unless the Mortgage File
contains a signed lost note affidavit and indemnity with a copy of the Mortgage
Note that appears to be regular on its face; (b) the absence from the Mortgage
File of the original signed Mortgage that appears to be regular on its face,
unless there is included in the Mortgage File a certified copy of the Mortgage
and a certificate stating that the original signed Mortgage was sent for
recordation; (c) the absence from the Mortgage File of the lender's title
insurance policy (or if the policy has not yet been issued, an original or copy
of a "marked up" written commitment or the pro-forma or specimen title insurance
policy or a commitment to issue the same pursuant to written escrow instructions
signed by the title insurance company) called for by clause (ix) of the
definition of "Mortgage File" in the Pooling and Servicing Agreement; (d) the
absence from the Mortgage File of any required letter of credit; (e) with
respect to any leasehold mortgage loan, the absence from the related Mortgage
File of a copy (or an original, if available) of the related Ground Lease; or
(f) the absence from the Mortgage File of any intervening assignments required
to create a complete chain of assignments to the Trustee on behalf of the Trust,
unless there is included in the Mortgage File a certified copy of the
intervening assignment and a certificate stating that the original intervening
assignments were sent for recordation; provided, however, no Defect (except the
Defects previously described in clauses (a) through (f)) shall be considered to
materially and adversely affect the value of any Mortgage Loan, the value of the
related Mortgaged Property, the interests of the Trustee therein or the
interests of any Certificateholder therein unless the document with respect to
which the Defect exists is required in connection with an imminent enforcement
of the Mortgagee's rights or remedies under the related Mortgage Loan, defending
any claim asserted by any borrower or third party with respect to the Mortgage
Loan, establishing the validity or priority of any lien on any collateral
securing the Mortgage Loan or for any immediate significant servicing
obligation. Notwithstanding the foregoing, the delivery of executed escrow
instructions or a commitment to issue a lender's title insurance policy, as
provided in clause (ix) of the definition of "Mortgage File" in the Pooling and
Servicing Agreement, in lieu of the delivery of the actual policy of lender's
title insurance, shall not be considered a Defect or Breach with respect to any
Mortgage File if such actual policy is delivered to the Trustee or its Custodian
within 18 months after the Closing Date.

            If (i) any Mortgage Loan is required to be repurchased or
substituted for in the manner described in the first paragraph of this Section
6(e), (ii) such Mortgage Loan is a Crossed Loan, and (iii) the applicable Defect
or Breach does not constitute a Defect or Breach, as the case may be, as to any
other Crossed Loan in such Crossed Group (without regard to this paragraph),
then the applicable Defect or Breach, as the case may be, will be deemed to
constitute a Defect or Breach, as the case may be, as to each other Crossed Loan
in the Crossed Group for purposes of this paragraph, and the Seller will be
required to repurchase or substitute for all of the remaining Crossed Loans in
the related Crossed Group as provided in the first paragraph of this Section
6(e) unless such other Crossed Loans in such Crossed Group satisfy the Crossed
Loan Repurchase Criteria, and the Mortgage Loan affected by the applicable
Defect or Breach and the Qualified Substitute Mortgage Loan, if any, satisfy all
other criteria for repurchase or substitution, as applicable, of Mortgage Loans
set forth herein. In the event that the remaining Crossed Loans satisfy the
aforementioned criteria, the Seller may elect either to repurchase or substitute
for only the affected Crossed Loan as to which the related Breach or Defect
exists or to repurchase or substitute for all of the Crossed Loans in the
related Crossed Group. The Seller shall be responsible for the cost of any
Appraisal required to be obtained by the Master Servicer to determine if the
Crossed Loan Repurchase Criteria have been satisfied, so long as the scope and
cost of such Appraisal have been approved by the Seller (such approval not to be
unreasonably withheld).

            To the extent that the Seller is required to repurchase or
substitute for a Crossed Loan hereunder in the manner prescribed above while the
Trustee continues to hold any other Crossed Loans in such Crossed Group, neither
the Seller nor the Trustee shall enforce any remedies against the other's
Primary Collateral, but each is permitted to exercise remedies against the
Primary Collateral securing its respective Crossed Loans, including with respect
to the Trustee, the Primary Collateral securing Crossed Loans still held by the
Trustee.

            If the exercise of remedies by one party would materially impair the
ability of the other party to exercise its remedies with respect to the Primary
Collateral securing the Crossed Loans held by such party, then the Seller and
the Trustee shall forbear from exercising such remedies until the Mortgage Loan
documents evidencing and securing the relevant Crossed Loans can be modified in
a manner that removes the threat of material impairment as a result of the
exercise of remedies or some other accommodation can be reached. Any reserve or
other cash collateral or letters of credit securing the Crossed Loans shall be
allocated between such Crossed Loans in accordance with the Mortgage Loan
documents, or otherwise on a pro rata basis based upon their outstanding Stated
Principal Balances. Notwithstanding the foregoing, if a Crossed Loan that
remains in the Trust Fund is modified to terminate the related cross
collateralization and/or cross default provisions, as a condition to such
modification, the Seller shall furnish to the Trustee an Opinion of Counsel that
any modification shall not cause an Adverse REMIC Event. Any expenses incurred
by the Purchaser in connection with such modification or accommodation
(including but not limited to recoverable attorney fees) shall be paid by the
Seller.

            The "Repurchase Price" with respect to any Mortgage Loan or REO Loan
to be repurchased pursuant to this Agreement and Section 2.03 of the Pooling and
Servicing Agreement, shall have the meaning given to the term "Purchase Price"
in the Pooling and Servicing Agreement.

            A "Qualified Substitute Mortgage Loan" with respect to any Mortgage
Loan or REO Loan to be substituted pursuant to this Agreement and Section 2.03
of the Pooling and Servicing Agreement, shall have the meaning given to such
term in the Pooling and Servicing Agreement.

            A "Substitution Shortfall Amount" with respect to any Mortgage Loan
or REO Loan to be substituted pursuant to this Agreement and Section 2.03 of the
Pooling and Servicing Agreement, shall have the meaning given to such term in
the Pooling and Servicing Agreement.

            In connection with any repurchase or substitution of one or more
Mortgage Loans contemplated hereby, (i) the Purchaser shall execute and deliver,
or cause the execution and delivery of, such endorsements and assignments,
without recourse, as shall be necessary to vest in the Seller the legal and
beneficial ownership of each repurchased Mortgage Loan or replaced Mortgage
Loan, as applicable, (ii) the Purchaser shall deliver, or cause the delivery, to
the Seller of all portions of the Mortgage File and other documents (including
the Servicing File) pertaining to such Mortgage Loan possessed by the Trustee,
or on the Trustee's behalf, and (iii) the Purchaser shall release, or cause to
be released, to the Seller any escrow payments and reserve funds held by the
Trustee, or on the Trustee's behalf, in respect of such repurchased or replaced
Mortgage Loans.

            (f) The representations and warranties of the parties hereto shall
survive the execution and delivery and any termination of this Agreement and
shall inure to the benefit of the respective parties, notwithstanding any
restrictive or qualified endorsement on the Mortgage Notes or Assignment of
Mortgage or the examination of the Mortgage Files.

            (g) Each party hereby agrees to promptly notify the other party of
any Breach of a representation or warranty contained in this Section 6. The
Seller's obligation to cure any Breach or Defect or repurchase or substitute for
the affected Mortgage Loan pursuant to Section 6(e) herein shall constitute the
sole remedy available to the Purchaser in connection with a Breach or Defect
(subject to the last sentence of the second paragraph of Section 6(e)). It is
acknowledged and agreed that the representations and warranties are being made
for risk allocation purposes only; provided, however, no limitation of remedy is
implied with respect to the Seller's breach of its obligation to cure,
repurchase or substitute in accordance with the terms and conditions of this
Agreement.

            SECTION 7. Conditions to Closing. The obligations of the Purchaser
to purchase the Mortgage Loans shall be subject to the satisfaction, on or prior
to the Closing Date, of the following conditions:

            (a) Each of the obligations of the Seller required to be performed
by it at or prior to the Closing Date pursuant to the terms of this Agreement
shall have been duly performed and complied with and all of the representations
and warranties of the Seller under this Agreement shall be true and correct in
all material respects as of the Closing Date, and no event shall have occurred
as of the Closing Date which, with notice or passage of time, would constitute a
default under this Agreement, and the Purchaser shall have received a
certificate to the foregoing effect signed by an authorized officer of the
Seller substantially in the form of Exhibit D.

            (b) The Purchaser shall have received the following additional
closing documents:

            (i) copies of the Seller's articles of association and by-laws,
      certified as of a recent date by the Secretary or Assistant Secretary of
      the Seller;

            (ii) an original or copy of a certificate of corporate existence of
      the Seller issued by the Comptroller of the Currency dated not earlier
      than sixty days prior to the Closing Date;

            (iii) an opinion of counsel of the Seller, in form and substance
      satisfactory to the Purchaser and its counsel, substantially to the effect
      that:

                  (A) the Seller is a national banking association, duly
            organized, validly existing, and in good standing under the laws of
            the United States;

                  (B) the Seller has the power to conduct its business as now
            conducted and to incur and perform its obligations under this
            Agreement and the Indemnification Agreement;

                  (C) all necessary corporate or other action has been taken by
            the Seller to authorize the execution, delivery and performance of
            this Agreement and the Indemnification Agreement by the Seller and
            this Agreement is a legal, valid and binding agreement of the Seller
            enforceable against the Seller, whether such enforcement is sought
            in a procedure at law or in equity, except to the extent such
            enforcement may be limited by bankruptcy or other similar creditors'
            laws or principles of equity and public policy considerations
            underlying the securities laws, to the extent that such public
            policy considerations limit the enforceability of the provisions of
            the Agreement which purport to provide indemnification with respect
            to securities law violations;

                  (D) the Seller's execution and delivery of, and the Seller's
            performance of its obligations under, each of this Agreement and the
            Indemnification Agreement do not and will not conflict with the
            Seller's articles of association or by-laws or conflict with or
            result in the breach of any of the terms or provisions of, or
            constitute a default under, any indenture, mortgage, deed of trust,
            loan agreement or other material agreement or instrument to which
            the Seller is a party or by which the Seller is bound, or to which
            any of the property or assets of the Seller is subject or violate
            any provisions of law or conflict with or result in the breach of
            any order of any court or any governmental body binding on the
            Seller;

                  (E) there is no litigation, arbitration or mediation pending
            before any court, arbitrator, mediator or administrative body, or to
            such counsel's actual knowledge, threatened, against the Seller
            which (i) questions, directly or indirectly, the validity or
            enforceability of this Agreement or the Indemnification Agreement or
            (ii) would, if decided adversely to the Seller, either individually
            or in the aggregate, reasonably be expected to have a material
            adverse effect on the ability of the Seller to perform its
            obligations under this Agreement or the Indemnification Agreement;
            and

                  (F) no consent, approval, authorization, order, license,
            registration or qualification of or with federal court or
            governmental agency or body is required for the consummation by the
            Seller of the transactions contemplated by this Agreement and the
            Indemnification Agreement, except such consents, approvals,
            authorizations, orders, licenses, registrations or qualifications as
            have been obtained; and

            (iv) a letter from counsel of the Seller to the effect that nothing
      has come to such counsel's attention that would lead such counsel to
      believe that the Prospectus Supplement as of the date thereof or as of the
      Closing Date contains, with respect to the Seller or the Mortgage Loans,
      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 Seller
      or the Mortgage Loans, in the light of the circumstances under which they
      were made, not misleading.

            (c) The Offered Certificates shall have been concurrently issued and
sold pursuant to the terms of the Underwriting Agreement. The Private
Certificates shall have been concurrently issued and sold pursuant to the terms
of the Certificate Purchase Agreement.

            (d) The Seller shall have executed and delivered concurrently
herewith the Indemnification Agreement.

            (e) The Seller shall furnish the Purchaser with such other
certificates of its officers or others and such other documents and opinions to
evidence fulfillment of the conditions set forth in this Agreement as the
Purchaser and its counsel may reasonably request.

            SECTION 8. Closing. The closing for the purchase and sale of the
Mortgage Loans shall take place at the office of Cadwalader, Wickersham & Taft
LLP, Charlotte, North Carolina, at 10:00 a.m., on the Closing Date or such other
place and time as the parties shall agree. The parties hereto agree that time is
of the essence with respect to this Agreement.

            SECTION 9. Expenses. The Seller will pay its pro rata share (the
Seller's pro rata share to be determined according to the percentage that the
aggregate principal balance as of the Cut-off Date of all the Mortgage Loans
represents in proportion to the aggregate principal balance as of the Cut-off
Date of all the mortgage loans to be included in the Trust Fund) of all costs
and expenses of the Purchaser in connection with the transactions contemplated
herein, including (without duplication thereof), but not limited to: (i) the
costs and expenses of the Purchaser in connection with the purchase of the
Mortgage Loans and other 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 fees, costs and expenses of the Trustee and its counsel incurred in
connection with the Trustee entering into the Pooling and Servicing Agreement;
(iv) the fees and disbursements of a firm of certified public accountants
selected by the Purchaser and the Seller with respect to numerical information
in respect of the Mortgage Loans, other mortgage loans and the Certificates
included in the Prospectus, the Memoranda (as defined in the Indemnification
Agreement) and the Term Sheet (as defined in the Indemnification Agreement), or
items similar to the Term Sheet, including the cost of obtaining any "comfort
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 the Registration Statement, Prospectus
and Memoranda, and the reproduction and delivery of this Agreement and the
furnishing to the Underwriters of such copies of the Registration Statement,
Prospectus, Memoranda and this Agreement as the Underwriters may reasonably
request; (viii) the fees of the rating agency or agencies requested to rate the
Certificates and (ix) the reasonable fees and expenses of Thacher Proffitt &
Wood LLP, counsel to the Underwriters, and Cadwalader, Wickersham & Taft LLP,
counsel to the Depositor.

            SECTION 10. Severability of Provisions. If any one or more of the
covenants, agreements, provisions or terms of this Agreement shall be for any
reason whatsoever held invalid, then such covenants, agreements, provisions or
terms shall be deemed severable from the remaining covenants, agreements,
provisions or terms of this Agreement and shall in no way affect the validity or
enforceability of the other provisions of this Agreement. Furthermore, the
parties shall in good faith endeavor to replace any provision held to be invalid
or unenforceable with a valid and enforceable provision which most closely
resembles, and which has the same economic effect as, the provision held to be
invalid or unenforceable.

            SECTION 11. Governing Law. This Agreement shall be construed in
accordance with the laws of the State of New York without regard to conflicts of
law principles and the obligations, rights and remedies of the parties hereunder
shall be determined in accordance with such laws.

            SECTION 12. No Third Party Beneficiaries. The parties do not intend
the benefits of this Agreement to inure to any third party except as expressly
set forth in Section 13.

            SECTION 13. Assignment. The Seller hereby acknowledges that the
Purchaser has, concurrently with the execution hereof, executed and delivered
the Pooling and Servicing Agreement and that, in connection therewith, it has
assigned its rights hereunder to the Trustee for the benefit of the
Certificateholders to the extent set forth in the Pooling and Servicing
Agreement and that the rights so assigned may be further assigned to, and shall
inure to the benefit of, any successor trustee under the Pooling and Servicing
Agreement. The Seller hereby acknowledges its obligations (subject to the
provisions hereof), including that of expense reimbursement, pursuant to
Sections 2.01, 2.02 and 2.03 of the Pooling and Servicing Agreement. Except as
set forth hereinabove and in Sections 2.01, 2.02 and 2.03 of the Pooling and
Servicing Agreement, the representations and warranties of the Seller made
hereunder and the remedies provided hereunder with respect to Breaches or
Defects may not be further assigned by the Purchaser, the Trustee or any
successor trustee. No owner of a Certificate issued pursuant to the Pooling and
Servicing Agreement shall be deemed a successor or permitted assign because of
such ownership. This Agreement shall bind and inure to the benefit of, and be
enforceable by, the Seller, the Purchaser and their permitted successors and
permitted assigns. The warranties and representations and the agreements made by
the Seller herein shall survive delivery of the Mortgage Loans to the Trustee
until the termination of the Pooling and Servicing Agreement.

            SECTION 14. Notices. All demands, notices and communications
hereunder shall be in writing and shall be deemed to have been duly given upon
receipt by the intended recipient if personally delivered at or couriered, sent
by facsimile transmission or mailed by first class or registered mail, postage
prepaid, to (i) in the case of the Purchaser, J.P. Morgan Chase Commercial
Mortgage Securities Corp., 270 Park Avenue, New York, New York 10017, Attention:
Dennis Schuh, fax number (212) 834-6593 with a copy to Bianca Russo, fax number
(212) 834-6593, (ii) in the case of the Seller, JPMorgan Chase Bank, N.A., 270
Park Avenue, 10th Floor, New York, New York 10017, Attention: Dennis Schuh, fax
number (212) 834-6593, with a copy to Bianca Russo, fax number: (212) 834-6593
and (iii) in the case of any of the preceding parties, such other address or fax
number as may hereafter be furnished to the other party in writing by such
party.

            SECTION 15. Amendment. This Agreement may be amended only by a
written instrument which specifically refers to this Agreement and is executed
by the Purchaser and the Seller; provided, however, unless such amendment is to
cure an ambiguity, mistake or inconsistency in this Agreement, no amendment
shall be permitted unless each Rating Agency has delivered a written
confirmation that such amendment will not result in a downgrade, withdrawal or
qualification of the then current ratings of the Certificates and the cost of
obtaining any Rating Agency confirmation shall be borne by the party requesting
such amendment. This Agreement shall not be deemed to be amended orally or by
virtue of any continuing custom or practice. No amendment to the Pooling and
Servicing Agreement which relates to defined terms contained therein or any
obligations of the Seller whatsoever shall be effective against the Seller
unless the Seller shall have agreed to such amendment in writing.

            SECTION 16. Counterparts. This Agreement may be executed in any
number of counterparts, and by the parties hereto in separate counterparts, each
of which when executed and delivered shall be deemed to be an original and all
of which taken together shall constitute one and the same instrument.

            SECTION 17. Exercise of Rights. No failure or delay on the part of
any party to exercise any right, power or privilege under this Agreement and no
course of dealing between the Seller and the Purchaser shall operate as a waiver
thereof, nor shall any single or partial exercise of any right, power or
privilege under this Agreement preclude any other or further exercise thereof or
the exercise of any other right, power or privilege. Except as set forth in
Section 6 herein, the rights and remedies herein expressly provided are
cumulative and not exclusive of any rights or remedies which any party would
otherwise have pursuant to law or equity. Except as set forth in Section 6
herein, no notice to or demand on any party in any case shall entitle such party
to any other or further notice or demand in similar or other circumstances, or
constitute a waiver of the right of either party to any other or further action
in any circumstances without notice or demand.

            SECTION 18. No Partnership. Nothing herein contained shall be deemed
or construed to create a partnership or joint venture between the parties
hereto. Nothing herein contained shall be deemed or construed as creating an
agency relationship between the Purchaser and the Seller and neither party shall
take any action which could reasonably lead a third party to assume that it has
the authority to bind the other party or make commitments on such party's
behalf.

            SECTION 19. Miscellaneous. This Agreement supersedes all prior
agreements and understandings relating to the subject matter hereof. Neither
this Agreement nor any term hereof may be changed, waived, discharged or
terminated orally, but only by an instrument in writing signed by the party
against whom enforcement of the change, waiver, discharge or termination is
sought.

                                 * * * * * *

<PAGE>

            IN WITNESS WHEREOF, the Purchaser and the Seller have caused their
names to be signed hereto by their respective officers thereunto duly authorized
as of the day and year first above written.

                                       J.P. MORGAN CHASE COMMERCIAL MORTGAGE
                                          SECURITIES CORP., as Purchaser

                                       By:____________________________________
                                          Name:
                                          Title:

                                       JPMORGAN CHASE BANK, N.A., as Seller

                                       By:____________________________________
                                          Name:
                                          Title:

<PAGE>

                                    EXHIBIT A

                             MORTGAGE LOAN SCHEDULE

JPMCC 2007-LDP11
Mortgage Loan Schedule (Combined)

<TABLE>
<CAPTION>
Loan #   Originator   Mortgagor Name                             Property Address                        City                State
------   ----------   ----------------------------------------   -------------------------------------   -----------------  --------
<S>      <C>          <C>                                        <C>                                     <C>                <C>
   5       JPMCB      5 Penn Plaza LLC                           5 Penn Plaza                            New York             NY
                      Franklin Mills Associates Limited
   6       JPMCB      Partnership                                1455 Franklin Mills Circle              Philadelphia         PA
  23       JPMCB      625 Broadway Owners, LLC                   625 Broadway                            New York             NY
  26       JPMCB      Greenway Station SPE, LLC                  1620 Deming Way                         Middleton            WI
                      210/9 LLC, Borden Industrial LLC,
                      Sunset Park Manufacturing and Design
  27       JPMCB      Center LLC                                 Various                                 Various              NY
  31       JPMCB      The Mill Owners Company, LLC               Pemberwick Road and Glenville Street    Greenwich            CT
  34       JPMCB      Crystal Tree I Limited Partnership         10 Kenley Way                           Birmingham           AL
                      Swedesford Shopping Center Acquisition,
  36       JPMCB      LLC                                        400 West Swedesford Road                Berwyn               PA
  39       JPMCB      NHP Ohio, LLC and MLD Kentucky, LLC        Various                                 Various            Various
  41       JPMCB      Richmond Crescent Hotel LLC                2925 Emerywood Parkway                  Richmond             VA
  43       JPMCB      Danari Broadway, LLC                       100 West Broadway                       Long Beach           CA
  50       JPMCB      7221-7229 Lee Deforest Drive, LLC          7221-7229 Lee DeForest Drive            Columbia             MD
  55       JPMCB      CA II, LLC                                 6001 Canal Road                         Valley View          OH
  56       JPMCB      Alamac, Inc.                               924 25th Street NW                      Washington           DC
  58       JPMCB      TRT Alliance Diehl LLC                     450 - 900 East Diehl Road               Naperville           IL
                                                                 2400 West International Speedway
  62       JPMCB      Daytona Marketplace, LLC                   Boulevard                               Daytona Beach        FL
  64       JPMCB      London Associates, LTD.                    680 North Federal Highway               Fort Lauderdale      FL
  73       JPMCB      Sandcastle Partners, Ltd.                  6701 Everhart Road                      Corpus Christi       TX
                      The Shops at Boardman Park Properties,
  76       JPMCB      LLC                                        377 Boardman Poland Road                Boardman             OH
  79       JPMCB      Mission Eagle Pointe, DST                  325 South Jupiter Road                  Allen                TX
  80       JPMCB      CCP-PC Office, L.P.                        8214 Westchester Drive                  Dallas               TX
  86       JPMCB      HFP-3, LLC                                 560 West Mitchell Street                Petoskey             MI
                      Rockwell Cermak, LLC & Cermak Plaza,
  90       JPMCB      L.L.C.                                     2555 West Cermak Road                   Chicago              IL
  91       JPMCB      Dedham Street, LLC                         780 Dedham Street                       Canton               MA
                      Worthington Micek, LLC; Worthington
                      Mediavilla, LLC; Worthington Dease,
                      LLC; Worthington Neville, LLC;
                      Worthington Adams, LLC; Worthington
                      Ahmad, LLC; Worthington Patterson, LLC;
                      Worthington W.A. Patterson, LLC;
                      Worthington T.A. Patterson, LLC;
                      Worthington Wood, LLC; Worthington
                      Marquart, LLC; Worthington Wainwright,
                      LLC; Worthington Arredondo, LLC;
  94       JPMCB      Worthington R.A. Wood, LLC                 1350 Greens Parkway                     Houston              TX
  95       JPMCB      B B Subsidiary, L.L.C.                     Various                                 Various              LA
  97       JPMCB      Terravista Partners- Westwood, Ltd.        2600 Westward Drive                     San Antonio          TX
 108       JPMCB      R.F. Group, L.P.                           5505 West Tulare Avenue                 Visalia              CA
 114       JPMCB      2751 Jefferson Realty LLC                  2751-2761 Jefferson Avenue              Detroit              MI
 115       JPMCB      Praas De LLC; Anand LLC                    1650 Toronita Street                    York                 PA
 125       JPMCB      SR Apartments Limited Partnership          7850, 8125 & 8155 North 107th Street    Milwaukee            WI
 129       JPMCB      405 Holdings, LLC                          405 South 16th Street                   Omaha                NE
 130       JPMCB      Bos Club LL (MA) LLC                       135 Wells Avenue                        Newton               MA
 131       JPMCB      7190-7196 Crestwood, LLC                   7190-7196 Crestwood Boulevard           Frederick            MD
 134       JPMCB      S O Partners, Ltd.                         12148 Jollyville Road                   Austin               TX
 140       JPMCB      Longview Crossing, L.P.                    2801 Bill Owens Parkway                 Longview             TX
 141       JPMCB      Preakness Partners, Ltd.                   210 Wells Fargo Drive                   Houston              TX
                                                                 7 Maryland Plaza and 4535 Lindell
 142       JPMCB      Fairmont/Monticello LLC                    Boulevard                               St. Louis            MO
 146       JPMCB      Aspen Skees Road, LLC                      1426-1486 Skees Road                    West Palm Beach      FL
 147       JPMCB      Park/El Segundo Partners LLC               2201 Park Place                         El Segundo           CA
 148       JPMCB      4800 Brookdale, LLC                        4800 Brookdale Drive                    Wichita Falls        TX
 149       JPMCB      Naches, L.L.C.                             929 Keyser Avenue                       Natchitoches         LA
 155       JPMCB      Terravista Partners-Spanish Spur, Ltd.     6835 Pecan Valley Drive                 San Antonio          TX
                      Exeter 804 East Gate, LLC & Exeter 2150    804 East Gate Drive & 2150 Cabot        Mt. Laurel, NJ
 156       JPMCB      Cabot, LP                                  Boulevard                               & Langhorne, PA    Various
 158       JPMCB      Sport Store, LLC                           1351 South IH 35                        Round Rock           TX
 160       JPMCB      Greenville HHP-II, LLC                     246 Congaree Road                       Greenville           SC
 167       JPMCB      Amarillo HHP-II, LLC                       1700 I-40 East                          Amarillo             TX
 168       JPMCB      VMT-Greenville Title, L.L.C.               1017 Woodruff Road                      Greenville           SC
 169       JPMCB      Rayford Oaks Partners, Ltd.                810 Rayford Road                        Spring               TX
 164       JPMCB      Broadway Lofts LTD.                        419 Finzer Street                       Louisville           KY
 177       JPMCB      San Antonio HHP-II, LLC                    4803 Manitou Drive                      San Antonio          TX
 178       JPMCB      Hidden Park LLC                            10613 Lookaway Drive                    St Louis             MO
 179       JPMCB      Grand Twin Towers, LLC                     234-236 Goodwin Crest Drive             Birmingham           AL
 181       JPMCB      Albuquerque HHP-II, LLC                    5101 Ellison NE                         Albuquerque          NM
 182       JPMCB      4228 Central, LLC                          4228 North Central Expressway           Dallas               TX
 183       JPMCB      PDQ Crossgate, LTD                         1789 North Keyser Avenue                Scranton             PA
 184       JPMCB      Eden Prairie HHP-II, LLC                   7740 Flying Cloud Drive                 Eden Prairie         MN
 186       JPMCB      Falls Parc, LLC                            1042 Falls Parc Drive                   Sheboygan Falls      WI
 187       JPMCB      Greensboro HHP-II, LLC                     2004 Veasley Street                     Greensboro           NC
 191       JPMCB      Lakeside Retail Center, LLC                13975 Lakeside Circle                   Sterling Heights     MI
 193       JPMCB      DP 12, LLC                                 35 East Seventh Street                  Cincinnati           OH
 195       JPMCB      R F Development, LLC                       400 Water Street                        Rochester            MI
 196       JPMCB      East Syracuse HHP-II, LLC                  6605 Old Collamer Road South            Syracuse             NY
 199       JPMCB      Harbin Springs Property, LLC               1012 Harbins Road                       Norcross             GA
                      Terravista Partners - Winston Square,
 201       JPMCB      Ltd.                                       2506 South General McMullen Drive       San Antonio          TX
 203       JPMCB      Thanestate Besttex Investments, Inc.       4100 Kemp Boulevard                     Wichita Falls        TX
                      Ashley Storage Investments, LLC; MW
                      Ashley Storage LLC; DK Ashley Storage
 206       JPMCB      LLC; Ed Ashley Storage, LLC                2455 & 2457 Ashley River Road           Charleston           SC
 209       JPMCB      Florida City Vest LLC                      900 North Krome Avenue                  Florida City         FL
 211       JPMCB      Terravista Partners- Pecan Manor, Ltd.     6840 Pecan Valley Drive                 San Antonio          TX
 212       JPMCB      Raymond S. Lipson, LLC                     2024 North Loop 1604 East               San Antonio          TX
 214       JPMCB      5455 Ft. Apache LLC                        5455 South Fort Apache Road             Las Vegas            NV
 215       JPMCB      HGF Parsippany Boulevard LLC               1140-1160 Parsippany Boulevard          Parsippany           NJ
 216       JPMCB      1000 Rochelle, L.P.                        1000 East Rochelle Boulevard            Irving               TX
 219       JPMCB      Wharton Commerce Center, L.L.C.            11 Middlebury Boulevard                 Randolph             NJ
 224       JPMCB      170 Post Road West Corp.                   170 Post Road West                      Westport             CT
 225       JPMCB      CMS Beckfield, L.P.                        10 -16 Spiral Plaza                     Florence             KY
 226       JPMCB      Singh Hotel Group LLC                      90 Sale Lane                            Red Bluff            CA
 231       JPMCB      Ray Lipson, LLC                            10414 Gulf Freeway                      Houston              TX
 242       JPMCB      Aspen North Congress, LLC                  1550 North Congress Avenue              West Palm Beach      FL

<CAPTION>

                                                                                                                     Net
                                                                                                          Interest   Mortgage
                                                                                                          Rate       Interest
Loan #    Zip Code    County          Property Name                                Size     Measure       (%)        Rate
-----     ---------   -------------   -----------------------------------------   -------   -----------   --------   -----------
<S>       <C>         <C>             <C>                                         <C>       <C>           <C>        <C>
  5         10001     New York        5 Penn Plaza                                 656824   Square Feet   5.59450       5.57416
  6         19154     Philadelphia    Franklin Mills                              1579457   Square Feet   5.65000       5.62966
 23         10012     New York        625 Broadway                                 110018   Square Feet   6.14920       6.12886
 26         53562     Dane            Greenway Station                             286705   Square Feet   6.48200       6.45556
 27        Various    Various         Brooklyn/Queens Industrial Portfolio         414249   Square Feet   5.88950       5.86916
 31         06381     Fairfield       The Mill                                     111393   Square Feet   6.41650       6.39616
 34         35242     Shelby          Kenley Apartments                               402      Units      5.56000       5.53966
 36         19312     Chester         Swedesford Plaza                             152330   Square Feet   5.78450       5.74416
 39        Various    Various         Carespring Portfolio                           1136      Beds       5.80350       5.78316
                                      Embassy Suites Hotel & Executive Meeting
 41         23294     Henrico         Center                                          224      Rooms      5.58750       5.54216
 43         90802     Los Angeles     100 W. Broadway                              193790   Square Feet   5.84800       5.82766
 50         21046     Howard          Lee DeForest Drive Center                    193366   Square Feet   5.58300       5.53766
 55         44125     Cuyahoga        Cinemark Valley View                         120070   Square Feet   5.65880       5.58846
 56         20037                     The River Inn                                   125      Rooms      5.73400       5.69366
 58         60563     DuPage          Washington Commons                           196558   Square Feet   5.93850       5.87816
 62         32114     Volusia         Volusia Marketplace                          131361   Square Feet   5.54900       5.53866
 64         33304     Broward         Shoppes of Victoria Park                      63347   Square Feet   5.72800       5.71766
 73         78413     Nueces          Sandcastle Apartments                           432      Units      5.56000       5.53966
 76         44512     Mahoning        The Shops at Boardman Park - Phase II        107788   Square Feet   5.69500       5.67466
 79         75002     Bexar           Mission Eagle Point                             252      Units      5.91650       5.89616
 80         75225     Dallas          Colonial Bank Plaza                           96543   Square Feet   5.92150       5.85116
 86         49770     Emmet           Burns Medical Office                         117735   Square Feet   5.58000       5.55966
 90         60608     Cook            Cermak Plaza                                 108170   Square Feet   6.35750       6.33716
 91         02021     Norfolk         The Park @ I-95                               81906   Square Feet   5.60450       5.58416
 94         77067     Harrison        Worthington on the Beltway                      382      Units      5.92700       5.90666
                      Saint
 95        Various    Tammany         BB Mini Storage Portfolio                      1215      Units      5.95050       5.93016
 97         78227     Bexar           Westwood Plaza                                  305      Units      6.12550       6.10516
108         93277     Tulare          Rancho Fiesta                                   284      Pads       5.61500       5.59466
114         48207     Wayne           Wayne State University                        91087   Square Feet   6.80700       6.78666
115         17402     York            Four Points by Sheraton                         146      Rooms      6.50250       6.44216
125         53224     Milwaukee       Sunset Ridge Apartments                         144      Units      5.56850       5.50816
129         68102     Douglas         Orpheum Tower Apartments                        132      Units      5.71000       5.68966
130         02459     Middlesex       Town Sports International - Newton, MA        68000   Square Feet   5.58750       5.56716
131         21703     Frederick       Westview Commons I                            53146   Square Feet   6.18000       6.15966
134         78759     Travis          Shadow Oaks                                     176      Units      5.56000       5.53966
140         75605     Gregg           Hunter's Crossing                               192      Units      5.61000       5.53966
141         77090     Harris          The Preakness                                   224      Units      5.56000       5.53966
                      Saint Louis
142         63108     City            Fairmont and Monticello                         134      Units      5.60300       5.52266
146         33411     Palm Beach      Skee's Industrial                             70140   Square Feet   6.19600       6.12566
147         90245     Los Angeles     Park Place - El Segundo                       40000   Square Feet   5.96300       5.94266
148         76310     Wichita         Parkway Villas                                  200      Units      5.71000       5.68966
149         71457     Natchitoches    Wal-Mart Plaza                                45910   Square Feet   6.05000       6.02966
155         78223     Bexar           Spanish Spur                                    160      Units      6.12550       6.10516
156        Various    Various         Exeter Industrial Properties                 111000   Square Feet   5.66150       5.64116
158         78664     Williamson      Academy Sports Round Rock                     67522   Square Feet   5.83400       5.81366
160         29607     Greenville      Tramz Hampton Inn - Greenville                  123      Rooms      6.92100       6.90066
167         79103     Potter          Tramz Hampton Inn - Amarillo                    116      Rooms      6.92100       6.90066
168         29607     Greenville      Ashley Furniture                              44917   Square Feet   5.94400       5.92366
169         77386     Montgomery      The Farrington                                  104      Units      5.56000       5.53966
164         40203     Jefferson       Lofts of Broadway                                83      Units      6.61890       6.54856
177         78228     Bexar           Tramz Hampton Inn - San Antonio                 123      Rooms      6.92100       6.90066
178         63137     St Louis        Hidden Park Apartments                          168      Units      5.70700       5.59666
179         35209     Jefferson       Grand Twin                                    90528   Square Feet   5.74150       5.72116
181         87109     Bernalillo      Tramz Hampton Inn - Albuquerque                 124      Rooms      6.92100       6.90066
182         75206     Dallas          BRECO Building                                49783   Square Feet   6.20700       6.18666
183         18508     Lackawanna      Crossgate Center                              48938   Square Feet   5.96500       5.94466
184         55344     Hennepin        Tramz Hampton Inn - Eden Prairie                121      Rooms      6.92100       6.90066
186         53085     Sheboygan       Falls Parc Apartments                            84      Units      5.82750       5.80716
187         27407     Guilford        Tramz Hampton Inn - Greensboro                  120      Rooms      6.92100       6.90066
191         48313     Macomb          Lakeside Retail                               15066   Square Feet   6.20300       6.18266
193         45202     Hamilton        The Executive Building - Cin. Oh              97873   Square Feet   6.18800       6.14766
195         48307     Oakland         Western Knitting Mills                        50410   Square Feet   5.93400       5.91366
196         13057     Onondaga        Tramz Hampton Inn - Syracuse                    115      Rooms      6.92100       6.90066
199         30093     Gwinnett        Harbin Springs Apartments                       100      Units      5.65800       5.63766
201         78226     Bexar           Winston Square                                  120      Units      6.12550       6.10516
203         76308     Wichita         Best Buy-Witchita Falls                       30038   Square Feet   5.82650       5.80616
206         29414     Charleston      Ashley Self Storage                             488      Units      5.76900       5.74866
209         33034     Miami-Dade      Florida City - Extra Space Storage              570      Units      5.63250       5.61216
211         78223     Bexar           Pecan Manor                                      96      Units      6.12550       6.10516
212         78232     Bexar           Academy Sports San Antonio                    67000   Square Feet   5.80900       5.78866
214         89148     Clark           Sun West Promenade Building I                 11932   Square Feet   5.77700       5.75666
215         07054     Morris          1140-1160 Parsippany Boulevard                45606   Square Feet   5.54850       5.52816
216         75062     Dallas          Las Colinas Office                            23000   Square Feet   6.24750       6.22716
219         07869     Morris          Wharton Commerce Center                       40202   Square Feet   5.76300       5.67266
224         06880     Fairfield       170 Post Road                                 11000   Square Feet   6.21150       6.19116
225         41042     Boone           Spiral Plaza                                  55400   Square Feet   5.62100       5.56066
226         96080     Tehama          Comfort Inn - Red Bluff                          67      Rooms      6.35400       6.33366
231         77034     Harris          Academy Sports Houston                        52500   Square Feet   5.80900       5.78866
242         33409     Palm Beach      1550 North Congress                           30144   Square Feet   6.23750       6.16716

<CAPTION>

         Original      Cutoff                 Rem.    Maturity/   Amort.   Rem.     Monthly Debt   Servicing    Accrual      ARD
Loan #   Balance       Balance       Term     Term    ARD Date    Term     Amort.   Service        Fee Rate     Type         (Y/N)
------   -----------   -----------   ------   -----   ---------   ------   ------   -------------  ---------    ----------   -----
<S>      <C>           <C>           <C>      <C>     <C>         <C>      <C>      <C>            <C>          <C>          <C>
   5     203,000,000   203,000,000      120     118    05/01/17      0         0          959,547    0.02000    Actual/360     No
   6     174,000,000   174,000,000      120     119    06/01/17      0         0          830,628    0.02000    Actual/360     No
  23      53,000,000    53,000,000      120     119    06/01/17      0         0          275,362    0.02000    Actual/360     No
  26      49,675,000    49,675,000      120     120    07/01/17     360       360         313,392    0.02610    Actual/360     No
  27      47,500,000    47,500,000       60      58    05/01/12     360       360         281,421    0.02000    Actual/360     No
  31      38,950,000    38,950,000      120     120    07/01/17      0         0          211,162    0.02000    Actual/360     No
  34      36,000,000    36,000,000      120     120    07/01/17     360       360         205,761    0.02000    Actual/360     No
  36      35,100,000    35,100,000      120     119    06/01/17      0         0          171,547    0.04000    Actual/360     No
  39      34,155,000    34,155,000       84      82    05/01/14      0         0          167,476    0.02000    Actual/360     No
  41      33,600,000    33,600,000      120     119    06/01/17     360       360         192,626    0.04500    Actual/360     No
  43      30,500,000    30,500,000       60      56    03/01/12      0         0          150,701    0.02000    Actual/360     No
  50      28,000,000    28,000,000      120     120    07/01/17     300       300         173,335    0.04500    Actual/360     No
  55      22,800,000    22,775,781      120     119    06/01/17     360       359         131,737    0.07000    Actual/360     No
  56      22,000,000    22,000,000      120     119    06/01/17      0         0          106,583    0.04000    Actual/360     No
  58      21,300,000    21,300,000       60      55    02/01/12      0         0          106,872    0.06000    Actual/360     No
  62      20,400,000    20,400,000      120     119    06/01/17      0         0           95,643    0.01000    Actual/360     No
  64      20,000,000    20,000,000      120     119    06/01/17     360       360         116,435    0.01000    Actual/360     No
  73      16,925,000    16,925,000      120     120    07/01/17     360       360          96,736    0.02000    Actual/360     No
  76      16,240,000    16,240,000      120     119    06/01/17     360       360          94,206    0.02000    Actual/360     No
  79      15,060,000    15,060,000      120     118    05/01/17     360       360          89,485    0.02000    Actual/360     No
  80      15,000,000    15,000,000      120     119    06/01/17     360       360          89,177    0.07000    Actual/360     No
  86      13,500,000    13,500,000      120     120    07/01/17     300       300          83,548    0.02000    Actual/360     No
  90      12,750,000    12,750,000      120     116    03/01/17     360       360          79,398    0.02000    Actual/360     No
  91      12,600,000    12,600,000       60      56    03/01/12     360       360          72,370    0.02000    Actual/360     No
  94      12,200,000    12,200,000       60      59    06/01/12      0         0           61,095    0.02000    Actual/360     No
  95      12,200,000    12,187,739      120     119    06/01/17     360       359          72,757    0.02000    Actual/360     No
  97      11,400,000    11,400,000      120     119    06/01/17      0         0           59,000    0.02000    Actual/360     No
 108       9,450,000     9,450,000      120     118    05/01/17      0         0           44,832    0.02000    Actual/360     No
 114       9,200,000     9,200,000      120     120    07/01/17     300       300          63,895    0.02000    Actual/360     No
 115       9,150,000     9,150,000      120     120    07/01/17     360       360          57,849    0.06000    Actual/360     No
 125       8,200,000     8,200,000      120     118    05/01/17      0         0           38,580    0.06000    Actual/360     No
 129       8,000,000     8,000,000       60      57    04/01/12      0         0           38,595    0.02000    Actual/360     No
 130       8,000,000     7,983,981      120     118    05/01/17     360       358          45,863    0.02000    Actual/360     No
 131       8,000,000     7,957,015      120     114    01/01/17     360       354          48,868    0.02000    Actual/360     No
 134       7,800,000     7,800,000      120     120    07/01/17     360       360          44,582    0.02000    Actual/360     No
 140       7,120,000     7,120,000       60      57    04/01/12      0         0           33,748    0.07000    Actual/360     No
 141       7,050,000     7,050,000      120     120    07/01/17     360       360          40,295    0.02000    Actual/360     No
 142       7,000,000     7,000,000      120     119    06/01/17     360       360          40,199    0.08000    Actual/360     No
 146       6,880,000     6,880,000      120     120    07/01/17     360       360          42,120    0.07000    Actual/360     No
 147       6,800,000     6,800,000      120     120    07/01/17     360       360          40,608    0.02000    Actual/360     No
 148       6,638,500     6,638,500      120     118    05/01/17     360       360          38,572    0.02000    Actual/360     No
 149       6,610,000     6,610,000      120     119    06/01/17     360       360          39,843    0.02000    Actual/360     No
 155       6,363,000     6,363,000      120     119    06/01/17      0         0           32,932    0.02000    Actual/360     No
 156       6,360,000     6,360,000       60      58    05/01/12      0         0           30,423    0.02000    Actual/360     No
 158       6,265,000     6,265,000      120     118    05/01/17     360       360          36,896    0.02000    Actual/360     No
 160       6,160,000     6,160,000       84      84    07/01/14     300       300          43,228    0.02000    Actual/360     No
 167       5,950,000     5,950,000       84      84    07/01/14     300       300          41,754    0.02000    Actual/360     No
 168       5,925,000     5,914,030      120     118    05/01/17     360       358          35,310    0.02000    Actual/360     No
 169       5,888,000     5,888,000      120     120    07/01/17     360       360          33,653    0.02000    Actual/360     No
 164       5,600,000     5,600,000       84      84    07/01/14     360       360          35,835    0.07000    Actual/360     No
 177       5,600,000     5,600,000       84      84    07/01/14     300       300          39,298    0.02000    Actual/360     No
 178       5,350,000     5,350,000       60      54    01/01/12     360       360          31,075    0.11000    Actual/360     No
 179       5,320,000     5,320,000      120     119    06/01/17     360       360          31,017    0.02000    Actual/360     No
 181       5,210,000     5,210,000       84      84    07/01/14     240       240          40,146    0.02000    Actual/360     No
 182       5,200,000     5,200,000       60      56    03/01/12      0         0           27,271    0.02000    Actual/360     No
 183       5,200,000     5,200,000      120     119    06/01/17     360       360          31,060    0.02000    Actual/360     No
 184       5,180,000     5,180,000       84      84    07/01/14     300       300          36,351    0.02000    Actual/360     No
 186       5,100,000     5,094,753      120     119    06/01/17     360       359          30,014    0.02000    Actual/360     No
 187       5,025,000     5,025,000       84      84    07/01/14     240       240          38,721    0.02000    Actual/360     No
 191       5,000,000     5,000,000      120     120    07/01/17     360       360          30,633    0.02000    Actual/360     No
 193       5,000,000     4,995,199      120     119    06/01/17     360       359          30,585    0.04000    Actual/360     No
 195       4,900,000     4,892,857      120     119    06/01/17     300       299          31,373    0.02000    Actual/360     No
 196       4,875,000     4,875,000       84      84    07/01/14     240       240          37,565    0.02000    Actual/360     No
 199       4,760,000     4,760,000      120     118    05/01/17     360       360          27,501    0.02000    Actual/360     No
 201       4,709,000     4,709,000      120     119    06/01/17      0         0           24,371    0.02000    Actual/360     No
 203       4,560,000     4,560,000      120     119    06/01/17     360       360          26,833    0.02000    Actual/360     No
 206       4,400,000     4,400,000      120     119    06/01/17      0         0           21,447    0.02000    Actual/360     No
 209       4,200,000     4,200,000      120     118    05/01/17     360       360          24,197    0.02000    Actual/360     No
 211       4,128,000     4,128,000      120     119    06/01/17      0         0           21,364    0.02000    Actual/360     No
 212       4,125,000     4,113,380      120     118    05/01/17     300       298          26,098    0.02000    Actual/360     No
 214       4,000,000     4,000,000      120     119    06/01/17     360       360          23,412    0.02000    Actual/360     No
 215       3,800,000     3,800,000      120     119    06/01/17     360       360          21,692    0.02000    Actual/360     No
 216       3,800,000     3,800,000      180     178    05/01/22     360       360          23,391    0.02000    Actual/360     No
 219       3,750,000     3,750,000      120     118    05/01/17     360       360          21,915    0.09000    Actual/360     No
 224       3,500,000     3,500,000      120     120    07/01/17     300       300          23,005    0.02000    Actual/360     No
 225       3,500,000     3,500,000       60      59    06/01/12      0         0           16,622    0.06000    Actual/360     No
 226       3,500,000     3,496,745      120     119    06/01/17     360       359          21,787    0.02000    Actual/360     No
 231       3,000,000     2,991,549      120     118    05/01/17     300       298          18,980    0.02000    Actual/360     No
 242       2,500,000     2,500,000      120     120    07/01/17     360       360          15,373    0.07000    Actual/360     No

<CAPTION>

                                                     Crossed    Originator/                                            Letter of
Loan #   ARD Step Up (%)                Title Type   Loan       Loan Seller   Guarantor                                Credit
------   ---------------------------   -----------   --------   -----------   --------------------------------------   -----------
<S>      <C>                           <C>           <C>        <C>           <C>                                      <C>
   5                                       Fee                     JPMCB      461 Eighth Avenue Associates                 No
                                                                              Simon Property Group, Inc., Farallon
   6                                       Fee                     JPMCB      Capital Management                           No
  23                                       Fee                     JPMCB      Mark J. Moskowitz                        2,500,000.0
  26                                       Fee                     JPMCB      Greenway Center, LLC                         No
  27                                       Fee                     JPMCB      J. David Sweeny                              No
  31                                       Fee                     JPMCB      Ghent Limited Liability Company              No
  34                                       Fee                     JPMCB      Alan E. Ferris; Madeleine S. Ferris          No
  36                                       Fee                     JPMCB      Daniel Massry                                No
  39                                       Fee                     JPMCB      MS NHP Fund, LLC                             No
  41                                       Fee                     JPMCB      The LCP Group, L.P.                          No
  43                                       Fee                     JPMCB      Michael S. Adler                             No
                                                                              James Michael Abrams; Richard Azrael;
  50                                       Fee                     JPMCB      Robert A. Kinsley                            No
  55                                       Fee                     JPMCB      Robert L. Stark                              No
  56                                       Fee                     JPMCB      Conrad Cafritz                               No
                                                                              Alliance Real Estate Value Fund III,
  58                                       Fee                     JPMCB      LLC                                          No
  62                                       Fee                     JPMCB      Daniel Halberstein; Alex Halberstein         No
  64                                       Fee                     JPMCB      George Rahael                                No
  73                                       Fee                     JPMCB      Alan E. Ferris; Madeleine S. Ferris          No
  76                                       Fee                     JPMCB      David L. Handel                              No
          Greater of (i) IR + 2% or
  79            (ii) TR + 3%               Fee                     JPMCB      Finlay Partners, LLC                         No
  80                                       Fee                     JPMCB      CCP-PC Office, L.P.                          No
  86                                       Fee                     JPMCB      HFP-3, LLC                                   No
  90                                       Fee                     JPMCB      Gary Solomon                                 No
  91                                       Fee                     JPMCB      Richard R. Vazza                             No
                                                                              John Paul Micek; Luis Mediavilla;
                                                                              Robert D. Dease; Barbara Lee Neville;
                                                                              Pamela Adams; Maher Ahmad; Wayne
                                                                              Arnold Patterson; William Wainwright;
  94                                       Fee                     JPMCB      Robert A. Wood III                           No
  95                                       Fee                     JPMCB      Matthew P. Bennett                           No
  97                                       Fee                     JPMCB      Philip W. Stewart                            No
 108                                       Fee                     JPMCB      Jeffrey A. Kaplan; Thomas T. Tatum           No
 114                                       Fee                     JPMCB      Alexander Ashkenazi                          No
                                                                              Rajeshvari Shah; Chaitanya Mahida;
 115                                       Fee                     JPMCB      Chandramohini Rathod; Shaktisinh Rathod      No
 125                                       Fee                     JPMCB      Barry R. Mandel                              No
 129                                   Fee/Leasehold               JPMCB      America First Real Estate Group, LLC         No
                                                                              Corporate Property Associates 14
                                                                              Incorporated and Corporate Property
 130                                       Fee                     JPMCB      Associates 15 Incorporated                   No
                                                                              James Michael Abrams; Richard Azrael;
 131                                       Fee                     JPMCB      Robert A. Kinsley                            No
 134                                       Fee                     JPMCB      Alan E. Ferris; Madeleine S. Ferris          No
 140                                       Fee                     JPMCB      Lacy Howe; Robert Peek                       No
 141                                       Fee                     JPMCB      Alan E. Ferris; Madeleine S. Ferris          No
 142                                       Fee                     JPMCB      Debra J. Pyzyk                               No
 146                                       Fee                     JPMCB      Spencer M. Partrich                          No
 147                                       Fee                     JPMCB      Lawrence N. Field                        457,235.0
 148                                       Fee                     JPMCB      Jeff Grinspoon                               No
                                                                              E. Michael Loboda; Steve Darrison;
 149                                       Fee                     JPMCB      Gershon Bassman                              No
 155                                       Fee                     JPMCB      Philip W. Stewart                            No
                                                                              Timothy J. Weber; Edward J.
                                                                              Fitzgerald, III; SFW Partners, LLC;
 156                                       Fee                     JPMCB      Exeter Industrial Value Fund, LP             No
 158                                       Fee                     JPMCB      Salvatore and Maria Tumino                   No
 160                                       Fee          A          JPMCB      Tarrunumn Murad                              No
 167                                       Fee          A          JPMCB      Tarrunumn Murad                              No
                                                                              Darren Sides; Stanton L. Johnson;
 168                                       Fee                     JPMCB      VMT-Greenville Holdings, L.L.C.          500,000.0
 169                                       Fee                     JPMCB      Alan E. Ferris; Madeleine S. Ferris          No
                                                                              Joseph Ferguson; Cassius Merrill
 164                                       Fee                     JPMCB      Moter, III; James A. Stefater, Jr.           No
 177                                       Fee          A          JPMCB      Tarrunumn Murad                              No
 178                                       Fee                     JPMCB      John L. Bailey                               No
 179                                       Fee                     JPMCB      Charles Stein; Dennis Udwin                  No
 181                                       Fee          A          JPMCB      Tarrunumn Murad                              No
 182                                       Fee                     JPMCB      4228 Central, LLC                            No
 183                                       Fee                     JPMCB      Paul Cleeman; Daniel Abramson                No
 184                                       Fee          A          JPMCB      Tarrunumn Murad                              No
 186                                       Fee                     JPMCB      William Bodner; Gregory Devorkin             No
 187                                       Fee          A          JPMCB      Tarrunumn Murad                              No
 191                                       Fee                     JPMCB      Ernie D'Ascenzo; Irving Laker            900,000.0
 193                                       Fee                     JPMCB      James A. Diamond; William E. Diamond         No
                                                                              Roy E. Rewold; Beverly J. Rewold;
                                                                              Frank H. Rewold; Roy E. Rewold Trust
                                                                              U/A dated January 21, 1994; Beverly J.
                                                                              Rewold Trust U/A dated January 21,
                                                                              1994; Frank H. Rewold Trust U/A dated
 195                                       Fee                     JPMCB      May 16, 2000                                 No
 196                                       Fee          A          JPMCB      Tarrunumn Murad                              No
 199                                       Fee                     JPMCB      Ari Kowalsky; Israel Arenson                 No
 201                                       Fee                     JPMCB      Philip W. Stewart                            No
 203                                       Fee                     JPMCB      Thanestate Investment, Inc.                  No
                                                                              Stephen R. Kaplan; Michael Wheelden;
                                                                              Dino M. Katsoulas; Melissa A.
 206                                       Fee                     JPMCB      Katsoulas; Eddie Drosis                      No
 209                                       Fee                     JPMCB      William R. Collins, Jr.                      No
 211                                       Fee                     JPMCB      Philip W. Stewart                            No
 212                                       Fee                     JPMCB      Raymond S. Lipson                            No
 214                                       Fee                     JPMCB      Daniel Coletti; Frank Toth                   No
 215                                       Fee                     JPMCB      The Hampshire Generational Fund LLC      500,000.0
 216                                       Fee                     JPMCB      Stream Realty Partners, L.P.                 No
                                                                              Daniel Cohen; Louis Antonucci; R.
 219                                       Fee                     JPMCB      Christopher Prant                            No
 224                                       Fee                     JPMCB      David M. Ross                                No
 225                                       Fee                     JPMCB      CMS Educational Assets Fund, L.P.            No
 226                                       Fee                     JPMCB      Gurdev Singh                                 No
 231                                       Fee                     JPMCB      Raymond S. Lipson                            No
 242                                       Fee                     JPMCB      Spencer M. Partrich                          No

<CAPTION>

                                                           UPFRONT ESCROW
           ----------------------------------------------------------------------------------------------------------------------

           Upfront CapEx    Upfront Eng.      Upfront Envir.     Upfront TI/LC      Upfront RE      Upfront        Upfront
Loan #     Reserve          Reserve           Reserve            Reserve            Tax Reserve     Ins. Reserve   Other Reserve
--------   --------------   ---------------   ----------------   ----------------   -------------   ------------   --------------
<S>        <C>              <C>               <C>                <C>                <C>             <C>            <C>
      5              0.00              0.00               0.00       4,079,719.00    2,495,403.79     309,917.50            0.00
      6              0.00              0.00               0.00               0.00            0.00           0.00            0.00
     23              0.00              0.00               0.00               0.00       30,437.05           0.00            0.00
     26              0.00              0.00               0.00       1,380,000.00       99,222.94      15,204.58            0.00
     27              0.00         25,875.00               0.00         150,000.00       59,732.17     149,534.92    1,108,670.00
     31              0.00         25,000.00          50,000.00               0.00      143,830.45      27,334.67            0.00
     34              0.00         32,631.00               0.00               0.00      211,137.38      73,323.15            0.00
     36              0.00              0.00               0.00               0.00       70,921.95           0.00            0.00
     39              0.00              0.00               0.00               0.00            0.00           0.00            0.00
     41              0.00         95,625.00               0.00               0.00      124,952.10     120,612.00    2,561,000.00
     43              0.00          7,331.25               0.00         650,000.00      172,945.56           0.00            0.00
     50              0.00              0.00               0.00               0.00      198,258.51      17,193.00            0.00
     55              0.00              0.00               0.00               0.00      222,538.47       3,375.00        3,390.00
     56              0.00              0.00               0.00               0.00      150,785.48           0.00            0.00
     58              0.00              0.00               0.00       1,000,000.00            0.00           0.00            0.00
     62              0.00              0.00               0.00               0.00      201,403.33           0.00            0.00
     64              0.00              0.00               0.00               0.00      176,935.51           0.00            0.00
     73              0.00         57,588.00               0.00               0.00      166,663.00     112,353.53            0.00
     76              0.00         24,375.00               0.00         300,000.00       74,372.55      20,940.50            0.00
     79        200,000.00          4,687.50               0.00               0.00      175,647.41       9,004.33            0.00
     80              0.00              0.00               0.00               0.00      165,594.62           0.00            0.00
     86              0.00              0.00               0.00               0.00      237,856.85           0.00            0.00
     90              0.00        168,503.00               0.00               0.00       59,553.31       9,299.25            0.00
     91              0.00              0.00               0.00               0.00       21,587.59       4,886.83      500,000.00
     94              0.00              0.00               0.00               0.00       93,330.76      53,240.83            0.00
     95              0.00              0.00               0.00               0.00       30,045.28      36,666.67            0.00
     97              0.00          4,125.00               0.00               0.00       42,778.94      14,606.52            0.00
    108              0.00              0.00               0.00               0.00       13,709.11           0.00            0.00
    114              0.00              0.00               0.00         275,819.00       32,115.82       2,848.00            0.00
    115              0.00         15,312.50               0.00               0.00       27,773.64       8,351.50    1,504,700.00
    125              0.00              0.00               0.00               0.00       16,000.00      18,702.83            0.00
    129              0.00              0.00               0.00               0.00       38,299.80      23,234.17      596,576.06
    130              0.00              0.00               0.00               0.00            0.00           0.00            0.00
    131              0.00              0.00               0.00               0.00       27,767.54       2,878.67            0.00
    134              0.00              0.00               0.00               0.00      111,458.32      24,950.27            0.00
    140              0.00            625.00               0.00               0.00       41,139.12      27,674.37            0.00
    141              0.00              0.00               0.00               0.00      102,083.33      29,353.28    1,000,000.00
    142              0.00        172,187.50               0.00               0.00       52,589.81      19,469.00            0.00
    146              0.00              0.00               0.00               0.00       47,013.23           0.00            0.00
    147              0.00              0.00               0.00               0.00       15,061.41       1,608.00            0.00
    148              0.00              0.00               0.00               0.00       32,981.70       6,014.18            0.00
    149              0.00              0.00               0.00               0.00       19,781.72       4,146.00       16,800.00
    155              0.00              0.00               0.00               0.00       23,777.08       7,935.31            0.00
    156              0.00        124,500.00               0.00               0.00       26,688.88       6,663.50      350,000.00
    158              0.00              0.00               0.00               0.00            0.00       1,745.50            0.00
    160              0.00              0.00               0.00               0.00       23,714.60      11,840.00            0.00
    167              0.00              0.00               0.00               0.00       45,045.03      11,666.67            0.00
    168              0.00              0.00               0.00               0.00            0.00           0.00        4,500.00
    169              0.00              0.00               0.00               0.00       59,710.00      17,593.46            0.00
    164              0.00              0.00               0.00               0.00       20,235.88       3,522.00            0.00
    177              0.00              0.00               0.00               0.00       51,933.97      12,124.00            0.00
    178         84,000.00          5,122.50               0.00               0.00       10,259.11      51,138.75            0.00
    179              0.00         40,511.00               0.00               0.00       24,557.13      14,488.25            0.00
    181              0.00              0.00               0.00               0.00        9,563.58      11,173.33            0.00
    182              0.00              0.00               0.00               0.00            0.00           0.00            0.00
    183              0.00              0.00               0.00               0.00       40,974.22       1,262.50            0.00
    184              0.00              0.00               0.00               0.00       45,064.00      12,683.00            0.00
    186              0.00              0.00               0.00               0.00            0.00       1,322.00            0.00
    187              0.00              0.00               0.00               0.00       36,212.04      11,444.67            0.00
    191              0.00              0.00               0.00               0.00       30,196.90       3,295.25      150,000.00
    193              0.00         47,895.00               0.00          75,000.00       15,089.44      12,956.35       33,333.00
    195              0.00              0.00               0.00         200,000.00       80,132.05      14,766.92            0.00
    196              0.00              0.00               0.00               0.00       74,653.83      13,888.33            0.00
    199              0.00              0.00               0.00               0.00       38,836.61       5,216.25            0.00
    201              0.00          4,375.00               0.00               0.00       16,382.08       5,906.06            0.00
    203              0.00              0.00               0.00               0.00       55,808.24       3,198.50            0.00
    206              0.00              0.00               0.00               0.00       26,325.83       2,723.25            0.00
    209              0.00              0.00               0.00               0.00       70,229.34           0.00            0.00
    211              0.00              0.00               0.00               0.00       14,651.88       5,028.63            0.00
    212              0.00              0.00               0.00               0.00            0.00           0.00            0.00
    214              0.00              0.00               0.00         138,537.00        6,882.00         726.00      450,000.00
    215              0.00              0.00               0.00               0.00            0.00           0.00            0.00
    216              0.00              0.00               0.00               0.00            0.00           0.00            0.00
    219              0.00              0.00               0.00               0.00       12,508.60       1,602.00            0.00
    224              0.00              0.00               0.00               0.00        2,886.94       2,167.50            0.00
    225              0.00              0.00               0.00               0.00            0.00           0.00            0.00
    226         46,230.00              0.00               0.00               0.00       42,637.46           0.00       65,362.20
    231              0.00              0.00               0.00               0.00            0.00           0.00            0.00
    242              0.00              0.00               0.00         200,000.00       17,256.75           0.00            0.00

<CAPTION>

                                                MONTHLY ESCROW
          -----------------------------------------------------------------------------------------------
          Monthly Capex   Monthly Envir.   Monthly TI/LC   Monthly RE      Monthly Ins.     Monthly Other
Loan #    Reserve         Reserve          Reserve         Tax Reserve     Reserve          Reserve
-------   -------------   --------------   -------------   --------------  ---------------  -------------
<S>       <C>             <C>              <C>             <C>             <C>              <C>
   5            8071.04             0.00        50000.00        415900.63         51652.92           0.00
   6               0.00             0.00            0.00             0.00             0.00           0.00
  23               0.00             0.00            0.00         30437.05             0.00           0.00
  26               0.00             0.00            0.00         99222.94          2172.08           0.00
  27            3664.78             0.00            0.00         11946.43         13594.08           0.00
  31            1580.69             0.00        28824.17         23971.74          6833.67           0.00
  34            5862.50             0.00            0.00         23459.71         10474.74           0.00
  36            2724.00             0.00            0.00         23640.65             0.00           0.00
  39               0.00             0.00            0.00             0.00             0.00           0.00
  41           34366.50             0.00            0.00         17547.00         10488.00           0.00
  43            2371.80             0.00            0.00         28824.26             0.00           0.00
  50               0.00             0.00        11310.00         19826.85          1563.00           0.00
  55               0.00             0.00            0.00         37089.75          1125.00           0.00
  56           21431.50             0.00            0.00         30157.10             0.00           0.00
  58            2856.96             0.00            0.00             0.00             0.00           0.00
  62               0.00             0.00            0.00         25175.42             0.00           0.00
  64               0.00             0.00            0.00         22116.94             0.00           0.00
  73            7200.00             0.00            0.00         23809.00         16050.50           0.00
  76               0.00             0.00            0.00         14874.51          3490.08           0.00
  79            4641.00             0.00            0.00         29274.57          4502.17           0.00
  80            1206.75             0.00            0.00         27599.10             0.00           0.00
  86               0.00             0.00            0.00         23785.69             0.00           0.00
  90            1270.15             0.00         4167.00         29776.66          1033.25           0.00
  91             682.55             0.00         2388.93          7195.86          2443.42           0.00
  94            7208.40             0.00            0.00         23332.69         10648.16           0.00
  95            1625.39             0.00            0.00          5007.55          3333.33           0.00
  97            5443.15             0.00            0.00         14259.65          7303.26           0.00
 108            1179.17             0.00            0.00          6854.55             0.00           0.00
 114            1728.13             0.00        18518.52          3568.42          2848.00           0.00
 115               0.00             0.00            0.00          6943.41          2783.83           0.00
 125               0.00             0.00            0.00         13828.55          2671.83           0.00
 129            2200.00             0.00            0.00          9574.95          3319.17           0.00
 130               0.00             0.00            0.00             0.00             0.00           0.00
 131               0.00             0.00            0.00          3470.94           719.67           0.00
 134            2933.00             0.00            0.00         15922.62          3564.32           0.00
 140            3791.50             0.00            0.00          8227.82          3459.30           0.00
 141            3733.00             0.00            0.00         14583.33          4193.33           0.00
 142            2216.67             0.00            0.00          7512.83          1867.16           0.00
 146             493.45             0.00         2506.55          9402.65             0.00           0.00
 147               0.00             0.00            0.00          5020.47           526.00           0.00
 148            4633.33             0.00            0.00          8245.42          6014.18           0.00
 149             573.88             0.00            0.00          3296.95          2073.00           0.00
 155            3060.56             0.00            0.00          7925.69          3967.66           0.00
 156            1384.12             0.00            0.00         13344.44          3331.75           0.00
 158             562.67             0.00            0.00             0.00           872.75           0.00
 160            8498.92             0.00            0.00          3387.80          2960.00           0.00
 167            8533.75             0.00            0.00          7507.50          2916.67           0.00
 168             389.64             0.00            0.00             0.00             0.00           0.00
 169            1733.00             0.00            0.00          8530.00          2513.35           0.00
 164             204.35             0.00            0.00          2890.84          1761.00           0.00
 177            9175.00             0.00            0.00          8655.66          3031.00           0.00
 178            3500.00             0.00            0.00          5129.55          3933.75           0.00
 179            1135.00             0.00            0.00          3578.32         2.069.75           0.00
 181            7963.33             0.00            0.00          3187.86          2793.33           0.00
 182               0.00             0.00            0.00             0.00             0.00           0.00
 183             616.73             0.00         4111.50          5853.46           631.25           0.00
 184            8083.92             0.00            0.00         11266.24          3170.75           0.00
 186               0.00             0.00            0.00          8086.07          1322.00           0.00
 187            8300.17             0.00            0.00          4526.51          2861.17           0.00
 191               0.00             0.00            0.00          3774.61           470.75           0.00
 193            1450.00             0.00         8167.00          7544.72          1079.70           0.00
 195             630.00             0.00            0.00         11447.44          1135.92           0.00
 196            8975.75             0.00            0.00         12442.31          3472.08           0.00
 199            2031.45             0.00            0.00          4487.79          1738.75           0.00
 201            2168.12             0.00            0.00          5460.69          2953.03           0.00
 203             250.33             0.00            0.00          9301.37          1066.17           0.00
 206               0.00             0.00            0.00          5265.17           907.75           0.00
 209             530.00             0.00            0.00          8778.67             0.00           0.00
 211            1922.94             0.00            0.00          4883.96          2514.31           0.00
 212               0.00             0.00            0.00             0.00             0.00           0.00
 214               0.00             0.00            0.00          2294.00           363.00           0.00
 215               0.00             0.00            0.00             0.00             0.00           0.00
 216               0.00             0.00            0.00             0.00             0.00           0.00
 219             335.02             0.00         1666.67          6254.30           534.00           0.00
 224               0.00             0.00            0.00          2886.94           722.50           0.00
 225               0.00             0.00            0.00             0.00             0.00           0.00
 226               0.00             0.00            0.00             0.00             0.00           0.00
 231               0.00             0.00            0.00             0.00             0.00           0.00
 242             443.19             0.00         1556.81          3451.35             0.00           0.00
<CAPTION>

                                                                                                         Remaining
                                                                    Interest               Final         Amortization
         Grace     Lockbox                            Defeasance    Accrual      Loan      Maturity      Term for
Loan #   Period    In-place     Property Type         Permitted     Period       Group     Date          Balloon Loans
------   ------    --------     -------------------   -----------   ----------   --------- -----------   --------------
<S>      <C>       <C>          <C>                   <C>           <C>          <C>                     <C>
   5        0       Yes               Office                Yes     Actual/360      1
   6        5       Yes               Retail                Yes     Actual/360      1
  23        0       Yes               Office                Yes     Actual/360      1
  26        7       No                Retail                No      Actual/360      1                          360
  27        5       No              Industrial              Yes     Actual/360      1                          360
  31        7       Yes               Office                Yes     Actual/360      1
  34        7       No             Multifamily              Yes     Actual/360      2                          360
  36        7       No                Retail                Yes     Actual/360      1
  39       10       Yes           Senior Housing            Yes     Actual/360      1
  41        5       Yes               Hotel                 Yes     Actual/360      1                          360
  43        5       No                Office                Yes     Actual/360      1
  50        5       Yes               Office                Yes     Actual/360      1                          300
  55        7       Yes               Retail                Yes     Actual/360      1                          360
  56        7       No                Hotel                 Yes     Actual/360      1
  58        7       No                Office                Yes     Actual/360      1
  62        7       No                Retail                Yes     Actual/360      1
  64        7       No                Retail                Yes     Actual/360      1                          360
  73        7       No             Multifamily              Yes     Actual/360      2                          360
  76        5       No                Retail                Yes     Actual/360      1                          360
  79       10       No             Multifamily              Yes     Actual/360      2         05/01/37         360
  80        7       No                Office                Yes     Actual/360      1                          360
  86        7       No                Office                Yes     Actual/360      1                          300
  90        7       No                Retail                Yes     Actual/360      1                          360
  91        7       No                Office                Yes     Actual/360      1                          360
  94        7       No             Multifamily              Yes     Actual/360      2
  95        7       No             Self Storage             Yes     Actual/360      1                          360
  97        7       No             Multifamily              Yes     Actual/360      2
 108        5       No         Manufactured Housing         Yes     Actual/360      2
 114        7       No                Office                Yes     Actual/360      1                          300
 115        7       No                Hotel                 Yes     Actual/360      1                          360
 125       10       No             Multifamily              Yes     Actual/360      2
 129        7       No             Multifamily              Yes     Actual/360      2
 130       10       Yes               Retail                Yes     Actual/360      1                          360
 131        7       No                Office                Yes     Actual/360      1                          360
 134        7       No             Multifamily              Yes     Actual/360      2                          360
 140        7       No             Multifamily              Yes     Actual/360      2
 141        7       No             Multifamily              Yes     Actual/360      2                          360
 142        7       No             Multifamily              Yes     Actual/360      2                          360
 146       10       No              Industrial              Yes     Actual/360      1                          360
 147        7       No              Industrial              No      Actual/360      1                          360
 148        7       No             Multifamily              Yes     Actual/360      2                          360
 149        7       No                Retail                Yes     Actual/360      1                          360
 155        7       No             Multifamily              Yes     Actual/360      2
 156        7       No              Industrial              No      Actual/360      1
 158        7       Yes               Retail                Yes     Actual/360      1                          360
 160       10       No                Hotel                 Yes     Actual/360      1                          300
 167       10       No                Hotel                 Yes     Actual/360      1                          300
 168        7       No                Retail                Yes     Actual/360      1                          360
 169        7       No             Multifamily              Yes     Actual/360      2                          360
 164        7       No             Multifamily              No      Actual/360      2                          360
 177       10       No                Hotel                 Yes     Actual/360      1                          300
 178        7       No             Multifamily              Yes     Actual/360      2                          360
 179        7       No                Office                Yes     Actual/360      1                          360
 181       10       No                Hotel                 Yes     Actual/360      1                          240
 182       10       No                Office                Yes     Actual/360      1
 183        7       No                Office                Yes     Actual/360      1                          360
 184       10       No                Hotel                 Yes     Actual/360      1                          300
 186        7       No             Multifamily              Yes     Actual/360      2                          360
 187       10       No                Hotel                 Yes     Actual/360      1                          240
 191        7       No                Retail                Yes     Actual/360      1                          360
 193        7       No                Office                Yes     Actual/360      1                          360
 195        7       No                Office                Yes     Actual/360      1                          300
 196       10       No                Hotel                 Yes     Actual/360      1                          240
 199        7       No             Multifamily              Yes     Actual/360      2                          360
 201        7       No             Multifamily              Yes     Actual/360      2
 203        7       Yes               Retail                Yes     Actual/360      1                          360
 206        7       No              Mixed Use               No      Actual/360      1
 209        7       No             Self Storage             Yes     Actual/360      1                          360
 211        7       No             Multifamily              Yes     Actual/360      2
 212        7       Yes               Retail                Yes     Actual/360      1                          300
 214        7       No                Retail                Yes     Actual/360      1                          360
 215        7       No                Office                Yes     Actual/360      1                          360
 216       10       Yes               Office                Yes     Actual/360      1                          360
 219        7       No              Industrial              Yes     Actual/360      1                          360
 224        7       No              Mixed Use               Yes     Actual/360      1                          300
 225        7       No              Mixed Use               Yes     Actual/360      1
 226        7       No                Hotel                 Yes     Actual/360      1                          360
 231        7       Yes               Retail                Yes     Actual/360      1                          300
 242       10       No              Industrial              Yes     Actual/360      1                          360
</TABLE>
<PAGE>

                                    EXHIBIT B

                  MORTGAGE LOAN REPRESENTATIONS AND WARRANTIES

      (1) No Mortgage Loan is 30 days or more delinquent in payment of principal
and interest (without giving effect to any applicable grace period in the
related Mortgage Note) as of the Cut-off Date and no Mortgage Loan has been 30
days or more (without giving effect to any applicable grace period in the
related Mortgage Note) past due.

      (2) Except with respect to the ARD Loans, which provide that the rate at
which interest accrues thereon increases after the Anticipated Repayment Date,
the Mortgage Loans (exclusive of any default interest, late charges or
prepayment premiums) are fixed rate mortgage loans with terms to maturity, at
origination or as of the most recent modification, as set forth in the Mortgage
Loan Schedule.

      (3) The information pertaining to each Mortgage Loan set forth on the
Mortgage Loan Schedule is true and correct in all material respects as of the
Cut-off Date.

      (4) At the time of the assignment of the Mortgage Loans to the Purchaser,
the Seller had good and marketable title to and was the sole owner and holder
of, each Mortgage Loan, free and clear of any pledge, lien, encumbrance or
security interest (subject to certain agreements regarding servicing as provided
in the Pooling and Servicing Agreement, subservicing agreements permitted
thereunder and that certain Agreement to Appointment of Master Servicer, dated
as of the Closing Date between the applicable Master Servicer and Seller) and
such assignment validly and effectively transfers and conveys all legal and
beneficial ownership of the Mortgage Loans to the Purchaser free and clear of
any pledge, lien, encumbrance or security interest (subject to certain
agreements regarding servicing as provided in the Pooling and Servicing
Agreement, subservicing agreements permitted thereunder and that certain
Agreement to Appointment of Master Servicer, dated as of the Closing Date
between the applicable Master Servicer and Seller).

      (5) In respect of each Mortgage Loan, (A) in reliance on public documents
or certified copies of the incorporation or partnership or other entity
documents, as applicable, delivered in connection with the origination of such
Mortgage Loan, the related 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 and (B) as of the Closing Date, the related
Mortgagor is not a debtor in any bankruptcy, receivership, conservatorship,
reorganization, insolvency, moratorium or similar proceeding.

      (6) Each Mortgage Loan is secured by the related Mortgage which
establishes and creates a valid and subsisting first priority lien on the
related Mortgaged Property, or leasehold interest therein, comprising real
estate, free and clear of any liens, claims, encumbrances, participation
interests, pledges, charges or security interests subject only to Permitted
Encumbrances. Such Mortgage, together with any separate security agreement, UCC
Financing Statement or similar agreement, if any, establishes and creates a
first priority security interest in favor of the Seller in all personal property
owned by the Mortgagor that is used in, and is reasonably necessary to, the
operation of the related Mortgaged Property and, to the extent a security
interest may be created therein and perfected by the filing of a UCC Financing
Statement under the Uniform Commercial Code as in effect in the relevant
jurisdiction, the proceeds arising from the Mortgaged Property and other
collateral securing such Mortgage Loan, subject only to Permitted Encumbrances.
There exists with respect to such Mortgaged Property an assignment of leases and
rents provision, either as part of the related Mortgage or as a separate
document or instrument, which establishes and creates a first priority security
interest in and to leases and rents arising in respect of the related Mortgaged
Property, subject only to Permitted Encumbrances. Except for the holder of the
Subordinate Companion Loan with respect to the AB Mortgage Loans, to the
Seller's knowledge, no person other than the related Mortgagor and the mortgagee
own any interest in any payments due under the related leases. The related
Mortgage or such assignment of leases and rents provision provides for the
appointment of a receiver for rents or allows the holder of the related Mortgage
to enter into possession of the related Mortgaged Property to collect rent or
provides for rents to be paid directly to the holder of the related Mortgage in
the event of a default beyond applicable notice and grace periods, if any, under
the related Mortgage Loan documents. As of the origination date there were, and,
to the Seller's actual knowledge as of the Closing Date, there are, no
mechanics' or other similar liens or claims which have been filed for work,
labor or materials affecting the related Mortgaged Property which are or may be
prior or equal to the lien of the Mortgage, except those that are bonded or
escrowed for or which are insured against pursuant to the applicable Title
Insurance Policy (as defined below) and except for Permitted Encumbrances. No
Mortgaged Property secures any mortgage loan not represented on the Mortgage
Loan Schedule other than a Companion Loan; no Mortgage Loan is
cross-collateralized or cross-defaulted with any other mortgage loan other than
one or more Mortgage Loans as shown on the Mortgage Loan Schedule or a Companion
Loan; no Mortgage Loan is secured by property which secures another mortgage
loan other than one or more Mortgage Loans as shown on the Mortgage Loan
Schedule. Notwithstanding the foregoing, no representation is made as to the
perfection of any security interest in rent, operating revenues or other
personal property to the extent that possession or control of such items or
actions other than the recordation of the Mortgage or the Assignment of filing
of UCC Financing Statements are required in order to effect such perfection.

      (7) The related Mortgagor under each Mortgage Loan has good and
indefeasible fee simple or, with respect to those Mortgage Loans described in
paragraph (20) hereof, leasehold title to the related Mortgaged Property
comprising real estate subject to any Permitted Encumbrances.

      (8) The Seller has received an American Land Title Association (ALTA)
lender's title insurance policy or a comparable form of lender's title insurance
policy (or escrow instructions binding on the Title Insurer (as defined below)
and irrevocably obligating the Title Insurer to issue such title insurance
policy or a title policy commitment or pro-forma "marked up" at the closing of
the related Mortgage Loan and countersigned or otherwise approved by the Title
Insurer or its authorized agent) as adopted in the applicable jurisdiction (the
"Title Insurance Policy"), which was issued by a nationally recognized title
insurance company (the "Title Insurer") qualified to do business in the
jurisdiction where the applicable Mortgaged Property is located (unless such
jurisdiction is the State of Iowa), covering the portion of each Mortgaged
Property comprised of real estate and insuring that the related Mortgage is a
valid first lien in the original principal amount of the related Mortgage Loan
on the Mortgagor's fee simple interest (or, if applicable, leasehold interest)
in such Mortgaged Property comprised of real estate, subject only to Permitted
Encumbrances. Such Title Insurance Policy was issued in connection with the
origination of the related Mortgage Loan. No claims have been made under such
Title Insurance Policy. Such Title Insurance Policy is in full force and effect
and all premiums thereon have been paid and will provide that the insured
includes the owner of the Mortgage Loan and its successors and/or assigns. No
holder of the related Mortgage has done, by act or omission, anything that
would, and the Seller has no actual knowledge of any other circumstance that
would, impair the coverage under such Title Insurance Policy. Such Title
Insurance Policy contains no material exceptions for, or affirmatively insures
against any losses arising from (other than in jurisdictions in which
affirmative insurance is unavailable), (a) lack of access to public roads, (b)
material encroachments of any part of the building thereon over easements and
(c) the land shown on the survey not being the same as the property legally
described in the Mortgage.

      (9) The related Assignment of Mortgage and the related assignment of the
Assignment of Leases executed in connection with each Mortgage, if any, have
been recorded in the applicable jurisdiction (or, if not recorded, have been
submitted for recording or are in recordable form (but for the insertion of the
name and address of the assignee and any related recording information which is
not yet available to the Seller)) and constitute the legal, valid and binding
assignment of such Mortgage and the related Assignment of Leases from the Seller
to the Purchaser. The endorsement of the related Mortgage Note by the Seller
constitutes the legal, valid, binding and enforceable (except as such
enforcement may be limited by anti-deficiency laws or bankruptcy, receivership,
conservatorship, reorganization, insolvency, moratorium or other similar laws
affecting the enforcement of creditors' rights generally, and by general
principles of equity (regardless of whether such enforcement is considered in a
proceeding in equity or at law)) assignment of such Mortgage Note, and together
with such Assignment of Mortgage and the related assignment of Assignment of
Leases, legally and validly conveys all right, title and interest in such
Mortgage Loan and Mortgage Loan documents to the Purchaser.

      (10) (i) The Mortgage Loan documents for each Mortgage Loan provide that
such Mortgage Loan is non-recourse to the related parties thereto except that
the related Mortgagor and at least one individual or entity shall be fully
liable for actual losses, liabilities, costs and damages arising from fraud or
material misrepresentation by the related Mortgagor and/or its principals.
Additionally, the Mortgage Loan documents for each Mortgage Loan provide that
the related Mortgagor and at least one individual or entity shall be liable to
the Seller for any losses incurred by the Seller, its successors and assigns,
generally due to (i) the misapplication or misappropriation of rents, insurance
proceeds or condemnation awards, (ii) any act of actual waste, and (iii) any
breach of the environmental covenants contained in the related Mortgage Loan
documents.

            (ii) The Mortgage Loan documents for each Mortgage Loan contain
      enforceable provisions such as to 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,
      non-judicial foreclosure, and there is no exemption available to the
      related Mortgagor which would interfere with such right of foreclosure
      except any statutory right of redemption or as may be limited by
      anti-deficiency or one form of action laws or by bankruptcy, receivership,
      conservatorship, reorganization, insolvency, moratorium or other similar
      laws affecting the enforcement of creditors' rights generally, and by
      general principles of equity (regardless of whether such enforcement is
      considered in a proceeding in equity or at law).

            (iii) Each of the related Mortgage Notes and Mortgages are the
      legal, valid and binding obligations of the related Mortgagor named on the
      Mortgage Loan Schedule and each of the other related Mortgage Loan
      documents is the legal, valid and binding obligation of the parties
      thereto (subject to any non-recourse provisions therein), enforceable in
      accordance with its terms, except as such enforcement may be limited by
      anti-deficiency or one form of action laws or bankruptcy, receivership,
      conservatorship, reorganization, insolvency, moratorium or other similar
      laws affecting the enforcement of creditors' rights generally, and by
      general principles of equity (regardless of whether such enforcement is
      considered in a proceeding in equity or at law), and except that certain
      provisions of such Mortgage Loan documents are or may be unenforceable in
      whole or in part under applicable state or federal laws, but the inclusion
      of such provisions does not render any of the Mortgage Loan documents
      invalid as a whole, and such Mortgage Loan documents taken as a whole are
      enforceable to the extent necessary and customary for the practical
      realization of the principal rights and benefits afforded thereby.

            (iv) The terms of the Mortgage Loans or the related Mortgage Loan
      documents, have not been altered, impaired, modified or waived in any
      material respect, except prior to the Cut-off Date by written instrument
      duly submitted for recordation, to the extent required, and as
      specifically set forth in the related Mortgage File, and no such
      alterations, impairments, modifications or waivers have been completed or
      consented to since the later of May 22, 2007 or the date of receipt by the
      Seller at or following the closing of the Mortgage Loan, of the Mortgage
      Loan documents in the final form that will constitute the related Mortgage
      File.

            (v) With respect to each Mortgage which is a deed of trust, 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 applicable law, and no fees or expenses are or will become
      payable to the trustee under the deed of trust, except in connection with
      a trustee's sale after default by the Mortgagor other than de minimis fees
      paid in connection with the release of the related Mortgaged Property or
      related security for such Mortgage Loan following payment of such Mortgage
      Loan in full.

      (11) Except by a written instrument that has been delivered to the
Purchaser as a part of the related Mortgage File with respect to any immaterial
releases of the Mortgaged Property, no Mortgage Loan has been satisfied,
canceled, subordinated, released or rescinded, in whole or in part, and the
related Mortgagor has not been released, in whole or in part, from its
obligations under any related Mortgage Loan document and no such immaterial
releases have occurred since June 1, 2007.

      (12) Except with respect to the enforceability of any provisions requiring
the payment of default interest, late fees, additional interest, prepayment
premiums or yield maintenance charges, neither the Mortgage Loan nor any of the
related Mortgage Loan documents is subject to any right of rescission, set-off,
abatement, diminution, valid counterclaim or defense, including the defense of
usury, nor will the operation of any of the terms of any such Mortgage Loan
documents, or the exercise (in compliance with procedures permitted under
applicable law) of any right thereunder, render any Mortgage Loan documents
subject to any right of rescission, set-off, abatement, diminution, valid
counterclaim or defense, including the defense of usury (subject to
anti-deficiency or one form of action laws and to bankruptcy, receivership,
conservatorship, reorganization, insolvency, moratorium or other similar laws
affecting the enforcement of creditor's rights generally and to general
principles of equity (regardless of whether such enforcement is considered in a
proceeding in equity or at law)), and no such right of rescission, set-off,
abatement, diminution, valid counterclaim or defense has been asserted with
respect thereto. None of the Mortgage Loan documents provides for a release of a
portion of the Mortgaged Property from the lien of the Mortgage except upon
payment or defeasance in full of all obligations under the Mortgage, provided
that, notwithstanding the foregoing, certain of the Mortgage Loans may allow
partial release (a) upon payment or defeasance of an Allocated Loan Amount which
may be formula based, but in no event less than 125% of the Allocated Loan
Amount, or (b) in the event the portion of the Mortgaged Property being released
shall be unimproved and shall not have been given any material value in
connection with the underwriting or appraisal of the related Mortgage Loan.

      (13) As of the Closing Date, there is no payment default, after giving
effect to any applicable notice and/or grace period, as of the Closing Date,
there is no other material default under any of the related Mortgage Loan
documents, after giving effect to any applicable notice and/or grace period; no
such material default or breach has been waived by the Seller or on its behalf
or, to the Seller's knowledge, by the Seller's predecessors in interest with
respect to the Mortgage Loans; and, to the Seller's actual knowledge, no event
has occurred which, with the passing of time or giving of notice would
constitute a material default or breach; provided, however, that the
representations and warranties set forth in this sentence do not cover any
default, breach, violation or event of acceleration that specifically pertains
to or arises out of any subject matter otherwise covered by any other
representation or warranty made by the Seller in this Exhibit B. No Mortgage
Loan has been accelerated and no foreclosure or power of sale proceeding has
been initiated in respect of the related Mortgage. The Seller has not waived any
material claims against the related Mortgagor under any non-recourse exceptions
contained in the Mortgage Note.

      (14) (i) The principal amount of the Mortgage Loan stated on the Mortgage
Loan Schedule has been fully disbursed as of the Closing Date specified therein
(except for certain amounts that were fully disbursed by the mortgagee, but were
escrowed pursuant to the terms of the related Mortgage Loan documents) and there
are no future advances required to be made by the mortgagee under any of the
related Mortgage Loan documents. Any requirements under the related Mortgage
Loan documents regarding the completion of any on-site or off-site improvements
and to disbursements of any escrow funds therefor have been or are being
complied with or such escrow funds are still being held. The value of the
Mortgaged Property relative to the value reflected in the most recent appraisal
thereof is not materially impaired by any improvements which have not been
completed. The Seller has not, nor, to the Seller's knowledge, have any of its
agents or predecessors in interest with respect to the Mortgage Loans, in
respect of payments due on the related Mortgage Note or Mortgage, directly or
indirectly, advanced funds or induced, solicited or knowingly received any
advance of funds by a party other than the Mortgagor other than (a) interest
accruing on such Mortgage Loan from the date of such disbursement of such
Mortgage Loan to the date which preceded by thirty (30) days the first payment
date under the related Mortgage Note and (b) application and commitment fees,
escrow funds, points and reimbursements for fees and expenses, incurred in
connection with the origination and funding of the Mortgage Loan.

            (ii) No Mortgage Loan has capitalized interest included in its
      principal balance, or provides for any shared appreciation rights or other
      equity participation therein and no contingent or additional interest
      contingent on cash flow or negative amortization (other than with respect
      to the deferment of payment with respect to ARD Loans) is due thereon.

            (iii) Each Mortgage Loan identified in the Mortgage Loan Schedule as
      an ARD Loan starts to amortize no later than the Due Date of the calendar
      month immediately after the calendar month in which such ARD Loan closed
      and substantially fully amortizes over its stated term, which term is at
      least 60 months after the related Anticipated Repayment Date. Each ARD
      Loan has an Anticipated Repayment Date not less than seven years following
      the origination of such Mortgage Loan. If the related Mortgagor elects not
      to prepay its ARD Loan in full on or prior to the Anticipated Repayment
      Date pursuant to the existing terms of the Mortgage Loan or a unilateral
      option (as defined in Treasury Regulations under Section 1001 of the Code)
      in the Mortgage Loan exercisable during the term of the Mortgage Loan, (i)
      the Mortgage Loan's interest rate will step up to an interest rate per
      annum as specified in the related Mortgage Loan documents; provided,
      however, that payment of such Excess Interest shall be deferred until the
      principal of such ARD Loan has been paid in full; (ii) all or a
      substantial portion of the Excess Cash Flow (which is net of certain costs
      associated with owning, managing and operating the related Mortgaged
      Property) collected after the Anticipated Repayment Date shall be applied
      towards the prepayment of such ARD Loan and once the principal balance of
      an ARD Loan has been reduced to zero all Excess Cash Flow will be applied
      to the payment of accrued Excess Interest; and (iii) if the property
      manager for the related Mortgaged Property can be removed by or at the
      direction of the mortgagee on the basis of a debt service coverage test,
      the subject debt service coverage ratio shall be calculated without taking
      account of any increase in the related Mortgage Interest Rate on such
      Mortgage Loan's Anticipated Repayment Date. No ARD Loan provides that the
      property manager for the related Mortgaged Property can be removed by or
      at the direction of the mortgagee solely because of the passage of the
      related Anticipated Repayment Date.

            (iv) Each Mortgage Loan identified in the Mortgage Loan Schedule as
      an ARD Loan with a hard lockbox requires that tenants at the related
      Mortgaged Property shall (and each Mortgage Loan identified in the
      Mortgage Loan Schedule as an ARD Loan with a springing lockbox requires
      that tenants at the related Mortgaged Property shall, upon the occurrence
      of a specified trigger event, including, but not limited to, the
      occurrence of the related Anticipated Repayment Date) make rent payments
      into a lockbox controlled by the holder of the Mortgage Loan and to which
      the holder of the Mortgage Loan has a first perfected security interest;
      provided however, with respect to each ARD Loan which is secured by a
      multi-family property with a hard lockbox, or with respect to each ARD
      Loan which is secured by a multi-family property with a springing lockbox,
      upon the occurrence of a specified trigger event, including, but not
      limited to, the occurrence of the related Anticipated Repayment Date,
      tenants either pay rents to a lockbox controlled by the holder of the
      Mortgage Loan or deposit rents with the property manager who will then
      deposit the rents into a lockbox controlled by the holder of the Mortgage
      Loan.

      (15) The terms of the Mortgage Loan documents evidencing such Mortgage
Loan comply in all material respects with all applicable local, state and
federal laws and regulations and the Seller has complied with all material
requirements pertaining to the origination, funding and servicing of the
Mortgage Loans, including but not limited to, usury and any and all other
material requirements of any federal, state or local law to the extent
non-compliance would have a material adverse effect on the Mortgage Loan.

      (16) To the Seller's knowledge and subject to paragraph (37) hereof, as of
the date of origination of the Mortgage Loan, based on inquiry customary in the
industry, the related Mortgaged Property was, and to the Seller's actual
knowledge and subject to paragraph (37) hereof, as of the Closing Date, the
related Mortgaged Property is, in all material respects, in compliance with, and
used and occupied in accordance with, all restrictive covenants of record
applicable to such Mortgaged Property and applicable zoning laws and all
inspections, licenses, permits and certificates of occupancy required by law,
ordinance or regulation to be made or issued with regard to the Mortgaged
Property have been obtained and are in full force and effect, except to the
extent (a) any material non-compliance with applicable zoning laws is insured by
an ALTA lender's title insurance policy (or binding commitment therefor), or the
equivalent as adopted in the applicable jurisdiction, or a law and ordinance
insurance policy, or (b) the failure to obtain or maintain such inspections,
licenses, permits or certificates of occupancy does not materially impair or
materially and adversely affect the use and/or operation of the Mortgaged
Property as it was used and operated as of the date of origination of the
Mortgage Loan or the rights of a holder of the related Mortgage Loan.

      (17) All (a) taxes, water charges, sewer rents, assessments or other
similar outstanding governmental charges and governmental assessments which
became due and owing prior to the Closing Date in respect of the related
Mortgaged Property (excluding any related personal property), and if left
unpaid, would be, or might become, a lien on such Mortgaged Property having
priority over the related Mortgage and (b) insurance premiums or ground rents
which became due and owing prior to the Closing Date in respect of the related
Mortgaged Property (excluding any related personal property), have been paid, or
if disputed, or if such amounts are not delinquent prior to the Closing Date, an
escrow of funds in an amount sufficient (together with escrow payments required
to be made prior to delinquency) to cover such taxes and assessments and any
late charges due in connection therewith has been established. As of the date of
origination, the related Mortgaged Property was one or more separate and
complete tax parcels. For purposes of this representation and warranty, the
items identified herein shall not be considered due and owing until the date on
which interest or penalties would be first payable thereon.

      (18) To the Seller's knowledge based on surveys or the Title Insurance
Policy, (i) none of the 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 lies outside the boundaries and
building restriction lines of such Mortgaged Property, except to the extent they
are legally nonconforming as contemplated by representation (37) below, and (ii)
no improvements on adjoining properties encroach upon such Mortgaged Property,
except in the case of either (i) or (ii) for (a) immaterial encroachments which
do not materially adversely affect the security intended to be provided by the
related Mortgage or the use, value or marketability of such Mortgaged Property
or (b) encroachments affirmatively covered by the related Title Insurance
Policy. With respect to each Mortgage Loan, the property legally described in
the survey, if any, obtained for the related Mortgaged Property for purposes of
the origination thereof is the same as the property legally described in the
Mortgage.

      (19) (i) As of the date of, and in reliance upon, the applicable
engineering report (which was performed within 12 months prior to the Cut-off
Date) related to the Mortgaged Property and, to Seller's knowledge as of the
Closing Date, the related Mortgaged Property is either (i) in good repair, free
and clear of any damage that would materially adversely affect the value of such
Mortgaged Property as security for such Mortgage Loan or the use and operation
of the Mortgaged Property as it was being used or operated as of the origination
date or (ii) escrows in an amount consistent with the standard utilized by the
Seller with respect to similar loans it holds for its own account have been
established, which escrows will in all events be not less than 100% of the
estimated cost of the required repairs. Since the origination date, to the
Seller's knowledge, such Mortgaged Property has not been damaged by fire, wind
or other casualty or physical condition (including, without limitation, any soil
erosion or subsidence or geological condition), which damage has not been fully
repaired or fully insured, or for which escrows in an amount consistent with the
standard utilized by the Seller with respect to loans it holds for its own
account have not been established.

            (ii) As of the origination date of such Mortgage Loan and to the
      Seller's actual knowledge, as of the Closing Date, there are no
      proceedings pending or, to the Seller's actual knowledge, threatened, for
      the partial or total condemnation of the relevant Mortgaged Property.

      (20) With respect to the Mortgage Loans that are identified on Exhibit A
as being secured in whole or in part by a leasehold estate (a "Ground Lease")
(except with respect to any Mortgage Loan also secured by the related fee
interest in the Mortgaged Property):

            (i) such Ground Lease or a memorandum thereof has been or will be
      duly recorded; such Ground Lease, or other agreement received by the
      originator of the Mortgage Loan from the ground lessor, provides that the
      interest of the lessee thereunder may be encumbered by the related
      Mortgage and does not restrict the use of the related Mortgaged Property
      by such lessee, its successors or assigns, in a manner that would
      materially and adversely affect the security provided by the Mortgage; as
      of the date of origination of the Mortgage Loan, there was no material
      change of record in the terms of such Ground Lease with the exception of
      written instruments which are part of the related Mortgage File and Seller
      has no knowledge of any material change in the terms of such Ground Lease
      since the recordation of the related Mortgage, with the exception of
      written instruments which are part of the related Mortgage File;

            (ii) such Ground Lease is not subject to any liens or encumbrances
      superior to, or of equal priority with, the related Mortgage, other than
      the related fee interest and Permitted Encumbrances and such Ground Lease
      is, and shall remain, prior to any mortgage or other lien upon the related
      fee interest (other than the Permitted Encumbrances) unless a
      nondisturbance agreement is obtained from the holder of any mortgage on
      the fee interest which is assignable to or for the benefit of the related
      lessee and the related mortgagee;

            (iii) such Ground Lease or another agreement received by the
      originator of the Mortgage Loan from the ground lessor provides that upon
      foreclosure of the related Mortgage or assignment of the Mortgagor's
      interest in such Ground Lease in lieu thereof, the mortgagee under such
      Mortgage is entitled to become the owner of such interest upon notice to,
      but without the consent of, the lessor thereunder and, in the event that
      such mortgagee becomes the owner of such interest, such interest is
      further assignable by such mortgagee and its successors and assigns upon
      notice to such lessor, but without a need to obtain the consent of such
      lessor;

            (iv) such Ground Lease is in full force and effect and no default of
      tenant or ground lessor was in existence at origination, or to the
      Seller's knowledge, is currently in existence under such Ground Lease, nor
      at origination was, or to the Seller's knowledge, is there any condition
      which, but for the passage of time or the giving of notice, would result
      in a default under the terms of such Ground Lease; either such Ground
      Lease or a separate agreement contains the ground lessor's covenant that
      it shall not amend, modify, cancel or terminate such Ground Lease without
      the prior written consent of the mortgagee under such Mortgage and any
      amendment, modification, cancellation or termination of the Ground Lease
      without the prior written consent of the related mortgagee, or its
      successors or assigns is not binding on such mortgagee, or its successor
      or assigns;

            (v) such Ground Lease or other agreement requires the lessor
      thereunder to give written notice of any material default by the lessee to
      the mortgagee under the related Mortgage, provided that such mortgagee has
      provided the lessor with notice of its lien in accordance with the
      provisions of such Ground Lease; and such Ground Lease or other agreement
      provides that no such notice of default and no termination of the Ground
      Lease in connection with such notice of default shall be effective against
      such mortgagee unless such notice of default has been given to such
      mortgagee and any related Ground Lease or other agreement contains the
      ground lessor's covenant that it will give to the related mortgagee, or
      its successors or assigns, any notices it sends to the Mortgagor;

            (vi) either (i) the related ground lessor has subordinated its
      interest in the related Mortgaged Property to the interest of the holder
      of the Mortgage Loan or (ii) such Ground Lease or other agreement provides
      that (A) the mortgagee under the related Mortgage is permitted a
      reasonable opportunity to cure any default under such Ground Lease which
      is curable, including reasonable time to gain possession of the interest
      of the lessee under the Ground Lease, after the receipt of notice of any
      such default before the lessor thereunder may terminate such Ground Lease;
      (B) in the case of any such default which is not curable by such
      mortgagee, or in the event of the bankruptcy or insolvency of the lessee
      under such Ground Lease, such mortgagee has the right, following
      termination of the existing Ground Lease or rejection thereof by a
      bankruptcy trustee or similar party, to enter into a new ground lease with
      the lessor on substantially the same terms as the existing Ground Lease;
      and (C) all rights of the Mortgagor under such Ground Lease (insofar as it
      relates to the Ground Lease) may be exercised by or on behalf of such
      mortgagee under the related Mortgage upon foreclosure or assignment in
      lieu of foreclosure;

            (vii) such Ground Lease has an original term (or an original term
      plus one or more optional renewal terms that under all circumstances may
      be exercised, and will be enforceable, by the mortgagee or its assignee)
      which extends not less than the later of (i) 10 years beyond the
      amortization term or (ii) 20 years beyond the stated maturity date of the
      related Mortgage Loan;

            (viii) under the terms of such Ground Lease and the related
      Mortgage, taken together, any related insurance proceeds will be applied
      either to the repair or restoration of all or part of the related
      Mortgaged Property, with the mortgagee under such Mortgage or a
      financially responsible institution acting as trustee appointed by it, or
      consented to by it, or by the lessor having the right to hold and disburse
      such proceeds as the repair or restoration progresses (except in such
      cases where a provision entitling another party to hold and disburse such
      proceeds would not be viewed as commercially unreasonable by a prudent
      commercial mortgage lender), or to the payment in whole or in part of the
      outstanding principal balance of such Mortgage Loan together with any
      accrued and unpaid interest thereon; and

            (ix) such Ground Lease does not impose any restrictions on
      subletting which would be viewed as commercially unreasonable by the
      Seller; such Ground Lease contains a covenant (or applicable laws provide)
      that the lessor thereunder is not permitted, in the absence of an uncured
      default, to disturb the possession, interest or quiet enjoyment of any
      lessee in the relevant portion of such Mortgaged Property subject to such
      Ground Lease for any reason, or in any manner, which would materially
      adversely affect the security provided by the related Mortgage.

      (21) (i) With respect to each Mortgaged Property, except for the Mortgaged
Properties related to those Mortgage Loans set forth on Schedule I hereto for
which a lender's environmental insurance policy was obtained in lieu of an
Environmental Site Assessment, an Environmental Site Assessment relating to each
Mortgaged Property and prepared no earlier than 12 months prior to the Closing
Date was obtained and reviewed by the Seller in connection with the origination
of the related Mortgage Loan and a copy is included in the Servicing File.

            (ii) Such Environmental Site Assessment does not identify, and the
      Seller has no actual knowledge of, any adverse circumstances or conditions
      with respect to or affecting the Mortgaged Property that would constitute
      or result in a material violation of any Environmental Laws, other than
      with respect to a Mortgaged Property (i) for which environmental insurance
      (as set forth on Schedule II hereto) is maintained, or (ii) which would
      require any expenditure greater than 5% of the outstanding principal
      balance of such Mortgage Loan to achieve or maintain compliance in all
      material respects with any Environmental Laws for which adequate sums, but
      in no event less than 125% of the estimated cost as set forth in the
      Environmental Site Assessment, were reserved in connection with the
      origination of the Mortgage Loan and for which the related Mortgagor has
      covenanted to perform, (iii) as to which the related Mortgagor or one of
      its affiliates is currently taking or required to take such actions (which
      may be the implementation of an operations and maintenance plan), if any,
      with respect to such conditions or circumstances as have been recommended
      by the Environmental Site Assessment or required by the applicable
      governmental authority, which actions do not require such party to incur
      any material cost or expense or (iv) as to which another responsible party
      not related to the Mortgagor with assets reasonably estimated by the
      Seller at the time of origination to be sufficient to effect all necessary
      or required remediation identified in a notice or other action from the
      applicable governmental authority is currently taking or required to take
      such actions, if any, with respect to such regulatory authority's order or
      directive, or (v) as to which such conditions or circumstances identified
      in the Environmental Site Assessment were investigated further and based
      upon such additional investigation, an environmental consultant
      recommended no further investigation or remediation, or (vi) as to which a
      party with financial resources reasonably estimated to be adequate to cure
      the condition or circumstance provided a guaranty or indemnity to the
      related Mortgagor or to the mortgagee to cover the costs of any required
      investigation, testing, monitoring or remediation, or (vii) as to which
      the related Mortgagor or other responsible party obtained a "No Further
      Action" letter or other evidence reasonably acceptable to a prudent
      commercial mortgage lender that applicable federal, state, or local
      governmental authorities had no current intention of taking any action,
      and are not requiring any action, in respect of such condition or
      circumstance, or (viii) which would not require substantial cleanup,
      remedial action or other extraordinary response under any Environmental
      Laws reasonably estimated to cost in excess of 5% of the outstanding
      principal balance of such Mortgage Loan;

            (iii) To the Seller's actual knowledge and in reliance upon the
      Environmental Site Assessment, except for any Hazardous Materials being
      handled in accordance with applicable Environmental Laws and except for
      any Hazardous Materials present at such Mortgaged Property for which, to
      the extent that an Environmental Site Assessment recommends remediation or
      other action, (A) there exists either (i) environmental insurance with
      respect to such Mortgaged Property (as set forth on Schedule II hereto) or
      (ii) an amount in an escrow account pledged as security for such Mortgage
      Loan under the relevant Mortgage Loan documents equal to no less than 125%
      of the amount estimated in such Environmental Site Assessment as
      sufficient to pay the cost of such remediation or other action in
      accordance with such Environmental Site Assessment or (B) one of the
      statements set forth in clause (b) above is true, (1) such Mortgaged
      Property is not being used for the treatment or disposal of Hazardous
      Materials; (2) no Hazardous Materials are being used or stored or
      generated for off-site disposal or otherwise present at such Mortgaged
      Property other than Hazardous Materials of such types and in such
      quantities as are customarily used or stored or generated for off-site
      disposal or otherwise present in or at properties of the relevant property
      type; and (3) such Mortgaged Property is not subject to any environmental
      hazard (including, without limitation, any situation involving Hazardous
      Materials) which under the Environmental Laws would have to be eliminated
      before the sale of, or which could otherwise reasonably be expected to
      adversely affect in more than a de minimis manner the value or
      marketability of, such Mortgaged Property.

            (iv) The related Mortgage or other Mortgage Loan documents contain
      covenants on the part of the related Mortgagor requiring its compliance
      with any present or future federal, state and local Environmental Laws and
      regulations in connection with the Mortgaged Property. The related
      Mortgagor (or an affiliate thereof) has agreed to indemnify, defend and
      hold the Seller, and its successors and assigns, harmless from and against
      any and all losses, liabilities, damages, penalties, fines, expenses and
      claims of whatever kind or nature (including attorneys' fees and costs)
      imposed upon or incurred by or asserted against any such party resulting
      from a breach of the environmental representations, warranties or
      covenants given by the related Mortgagor in connection with such Mortgage
      Loan.

            (v) Each of the Mortgage Loans which has an outstanding principal
      balance not greater than $3,000,000 and is covered by a lender's
      environmental insurance policy obtained in lieu of an Environmental Site
      Assessment ("In Lieu of Policy") is identified on Schedule I, and each In
      Lieu of Policy is in an amount equal to 125% of the outstanding principal
      balance of the related Mortgage Loan and has a term ending no sooner than
      the date which is five years after the maturity date (or, in the case of
      an ARD Loan, the final maturity date) of the related Mortgage Loan, is
      non-cancelable by the insurer during such term and the premium for such
      policy has been paid in full. All environmental assessments or updates
      that were in the possession of the Seller and that relate to a Mortgaged
      Property identified on Schedule I as being insured by an In Lieu of Policy
      have been delivered to or disclosed to the In Lieu of Policy carrier
      issuing such policy prior to the issuance of such policy.

      (22) As of the date of origination of the related Mortgage Loan, and, as
of the Closing Date, the Mortgaged Property is covered by insurance policies
providing the coverage described below and the Mortgage Loan documents permit
the mortgagee to require the coverage described below. All premiums with respect
to the Insurance Policies insuring each Mortgaged Property have been paid in a
timely manner or escrowed to the extent required by the Mortgage Loan documents,
and the Seller has not received any notice of cancellation or termination. The
relevant Servicing File contains the Insurance Policy required for such Mortgage
Loan or a certificate of insurance for such Insurance Policy. Each Mortgage
requires that the related Mortgagor maintain the following Insurance Policies
(subject to customary deductibles): (A) insurance covering the Mortgaged
Property and all improvements thereon providing coverage for losses sustained by
fire and against loss or damage by other risks and hazards covered by a standard
extended coverage insurance policy providing "special" form coverage in an
amount sufficient to prevent the Mortgagor from being deemed a co-insurer and to
provide coverage in an amount equal to the lesser of (i) the full replacement
cost of such Mortgaged Property (in some cases exclusive of excavations,
underground utilities, foundations and footings) and (ii) the outstanding
principal balance of the related Mortgage Loan with an appropriate endorsement
to avoid application of any coinsurance provision; such policies contain a
standard mortgage clause naming mortgagee and its successor in interest as
additional insureds or loss payee, as applicable; (B) business interruption or
rental loss insurance in an amount at least equal to (a) 12 months of operations
or (b) in some cases all rents and other amounts customarily insured under this
type of insurance of the Mortgaged Property; (C) flood insurance (if any portion
of the improvements on the Mortgaged Property is located in an area identified
by the Federal Emergency Management Agency ("FEMA"), with respect to certain
Mortgage Loans and the Secretary of Housing and Urban Development with respect
to other Mortgage Loans, as having special flood hazards) in an amount not less
than amounts prescribed by FEMA; (D) workers' compensation, if required by law;
(E) comprehensive general liability insurance in an amount consistent with the
standard utilized by the Seller with respect to loans it holds for its own
account, but not less than $1 million; all such Insurance Policies contain
clauses providing they are not terminable and may not be terminated, without
thirty (30) days prior written notice to the mortgagee (except where applicable
law requires a shorter period or except for nonpayment of premiums, in which
case not less than ten (10) days prior written notice to the mortgagee is
required). In addition, each Mortgage permits the related mortgagee to make
premium payments to prevent the cancellation thereof and shall entitle such
mortgagee to reimbursement therefor. Any insurance proceeds in respect of a
casualty loss or taking will be applied either to the repair or restoration of
all or part of the related Mortgaged Property or the payment of the outstanding
principal balance of the related Mortgage Loan together with any accrued
interest thereon. The related Mortgaged Property is insured by an Insurance
Policy, issued by an insurer meeting the requirements of such Mortgage Loan and
having a claims-paying or financial strength rating of at least A:VIII (or, with
respect to those Mortgage Loans with a principal balance as of the Cut-off Date
of $5,000,000 or less, A-:VI) from A.M. Best Company or "A-" (or the equivalent)
from Standard & Poor's Ratings Services, a division of The McGraw-Hill
Companies, Inc., Fitch, Inc. or Moody's Investors Service, Inc. An architectural
or engineering consultant has performed an analysis of each of the Mortgaged
Properties located in seismic zones 3 or 4 in connection with the origination of
the related Mortgage Loan in order to evaluate the structural and seismic
condition of such property, for the sole purpose of assessing the probable
maximum loss ("PML") for the Mortgaged Property in the event of an earthquake.
In such instances, the PML was based on a 450 or 475-year lookback with a 10%
probability of exceedance in a 50-year period. 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 (or, with respect to those Mortgage Loans with a
principal balance as of the Cut-off Date of $5,000,000 or less, A-:VI) by A.M.
Best Company or "A-" (or the equivalent) from Standard & Poor's Ratings
Services, a division of The McGraw-Hill Companies, Inc., Fitch, Inc. or Moody's
Investors Service, Inc. If the Mortgaged Property is located in Florida or
within 25 miles of the coast of Texas, Louisiana, Mississippi, Alabama, Georgia,
South Carolina or North Carolina, such Mortgaged Property is insured by
windstorm insurance in an amount at least equal to the lesser of (i) the
outstanding principal balance of such Mortgage Loan and (ii) 100% of the full
insurable value, or 100% of the replacement cost, of the improvements located on
the related Mortgaged Property. To the Seller's actual knowledge, the insurer
issuing each of the foregoing insurance policies is qualified to write insurance
in the jurisdiction where the related Mortgaged Property is located.

      (23) All amounts required to be deposited by each Mortgagor at origination
as reserves under the related Mortgage Loan documents have been deposited or
have been withheld from the related Mortgage Loan proceeds at origination and
there are no deficiencies with regard thereto.

      (24) Whether or not a Mortgage Loan was originated by the Seller, to the
Seller's knowledge, with respect to each Mortgage Loan originated by the Seller
and each Mortgage Loan originated by any Person other than the Seller, as of the
date of origination of the related Mortgage Loan, and, to the Seller's actual
knowledge, with respect to each Mortgage Loan originated by the Seller and any
prior holder of the Mortgage Loan, as of the Closing Date, there are no actions,
suits, arbitrations or governmental investigations or proceedings by or before
any court or other governmental authority or agency now pending against or
affecting the Mortgagor under any Mortgage Loan or any of the Mortgaged
Properties which, if determined against such Mortgagor or such Mortgaged
Property, would materially and adversely affect the value of such Mortgaged
Property, the security intended to be provided with respect to the related
Mortgage Loan, or the ability of such Mortgagor and/or the current use of such
Mortgaged Property to generate net cash flow to pay principal, interest and
other amounts due under the related Mortgage Loan; and to the Seller's actual
knowledge there are no such actions, suits or proceedings threatened against
such Mortgagor.

      (25) Since origination, the Mortgage Loan has been serviced in all
material respects in a legal manner in conformance with customary industry
standards.

      (26) The originator of the Mortgage Loan or the Seller has inspected or
caused to be inspected each related Mortgaged Property within the 12 months
prior to the Closing Date.

      (27) The Mortgage Loan documents require the Mortgagor to provide the
holder of the Mortgage Loan with at least annual operating statements, financial
statements and except for Mortgage Loans for which the related Mortgaged
Property is leased to a single tenant, rent rolls.

      (28) All escrow deposits and payments required by the terms of each
Mortgage Loan are in the possession, or under the control of the Seller (except
to the extent they have been disbursed for their intended purposes), and all
amounts required to be deposited by the applicable Mortgagor under the related
Mortgage Loan documents have been deposited, and there are no deficiencies with
regard thereto (subject to any applicable notice and cure period). All of the
Seller's interest in such escrows and deposits will be conveyed by the Seller to
the Purchaser hereunder.

      (29) No two or more Mortgage Loans representing more than 5% of the
aggregate outstanding principal amount of all the mortgage loans included in the
Trust Fund have the same Mortgagor or, to the Seller's knowledge, are to
Mortgagors which are entities controlled by one another or under common control.

      (30) Each Mortgagor with respect to a Mortgage Loan with a principal
balance as of the Cut-off Date in excess of $5,000,000 included in the Trust
Fund is an entity whose Mortgage Loan documents require that it be a Single
Purpose Entity and, with respect to a Mortgage Loan with a principal balance as
of the Cut-off Date in excess of $15,000,000 included in the Trust Fund is an
entity whose organizational documents or related Mortgage Loan documents provide
that it is, and at least so long as the Mortgage Loan is outstanding will
continue to be, a Single Purpose Entity. For this purpose, "Single Purpose
Entity" shall mean a Person, other than an individual, whose organizational
documents or Mortgage Loan documents provide that it shall engage solely in the
business of owning and operating the Mortgaged Property and which does not
engage in any business unrelated to such property and the financing thereof,
does not have any assets other than those related to its interest in the
Mortgaged Property or the financing thereof or any indebtedness other than as
permitted by the related Mortgage or the other Mortgage Loan documents, and the
organizational documents of which require that it have its own separate books
and records and its own accounts, in each case which are separate and apart from
the books and records and accounts of any other Person. The Mortgage File or
Servicing File for each Mortgage Loan having an original principal balance of
$40,000,000 or more contains a counsel's opinion regarding non-consolidation of
the Mortgagor in any insolvency proceeding involving any other party. The
organizational documents of any Mortgagor on a Mortgage Loan having an original
principal balance of $40,000,000 or more which is a single member limited
liability company provide that the Mortgagor shall not dissolve or liquidate
upon the bankruptcy or dissolution of the sole member.

      (31) The gross proceeds of each Mortgage Loan to the related Mortgagor at
origination did not exceed the non-contingent principal amount of the Mortgage
Loan and either: (A) such Mortgage Loan is secured by an interest in real
property having a fair market value (1) at the date the Mortgage Loan was
originated at least equal to 80% of the original principal balance of the
Mortgage Loan or (2) at the Closing Date at least equal to 80% of the original
principal balance of the Mortgage Loan on such date; provided that for purposes
hereof, the fair market value of the real property interest must first be
reduced by (X) the amount of any lien on the real property interest that is
senior to the Mortgage Loan and (Y) a proportionate amount of any lien that is
in parity with the Mortgage Loan (unless such other lien secures a Mortgage Loan
that is cross-collateralized with such Mortgage Loan, in which event the
computation described in clauses (1) and (2) of this paragraph (31) shall be
made on a pro rata basis in accordance with the fair market values of the
Mortgaged Properties securing such cross-collateralized Mortgage Loan); or (B)
substantially all 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 Treasury Regulations Section
1.860G-2(a)(1)(ii)). 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 (i) was modified as a result of the default or reasonably
foreseeable default of such Mortgage Loan or (ii) satisfies the provisions of
either clause (A)(1) above (substituting the date of the last such modification
for the date the Mortgage Loan was originated) or clause (A)(2), including the
proviso thereto. The Mortgage Loan is a "qualified mortgage" within the meaning
of Section 860G(a)(3) of the Code (but without regard to the rule in Treasury
Regulations Section 1.860G-2(f)(2) that treats certain defective mortgage loans
as qualified mortgages) and, if such Mortgage Loan has been serviced in
accordance with the terms of the Pooling and Servicing Agreement, as of the
Closing Date, the related Mortgaged Property, if acquired by the Lower Tier
REMIC in connection with the default or imminent default of such Mortgage Loan,
would constitute "foreclosure property" within the meaning of Section 860G(a)(8)
of the Code, provided no leases were then entered that violated Section
856(e)(4)(A). Any prepayment premium and yield maintenance charges applicable to
the Mortgage Loan constitute "customary prepayment penalties" within the meaning
of Treasury Regulations Section 1.860G-1(b)(2).

      (32) Each Mortgage Loan contains a "due on sale" clause, which provides
for the acceleration of the payment of the unpaid principal balance of the
Mortgage Loan if, without the prior written consent of the holder of the
Mortgage Loan, the property subject to the Mortgage, or any controlling interest
therein, is directly or indirectly transferred or sold (except that it may
provide for transfers by devise, descent or operation of law upon the death of a
member, general partner or shareholder of a mortgagor and that it may provide
for assignments subject to the Mortgage Loan holder's approval of transferee,
transfers of worn out or obsolete furnishings, fixtures, or equipment promptly
replaced with property of equivalent value and functionality, transfers of
leases entered into in accordance with the Mortgage Loan documents, transfers to
affiliates, transfers to family members for estate planning purposes, transfers
among existing members, partners or shareholders in Mortgagor or transfers of
passive interests so long as the key principals or general partner retains
control). The Mortgage Loan documents contain a "due on encumbrance" clause,
which provides for the acceleration of the payment of the unpaid principal
balance of the Mortgage Loan if the property subject to the Mortgage or any
controlling interest in the Mortgagor is further pledged or encumbered, unless
the prior written consent of the holder of the Mortgage Loan is obtained (except
that it may provide for assignments subject to the Mortgage Loan holder's
approval of transferee, transfers to affiliates or transfers of passive
interests so long as the key principals or general partner retains control). The
Mortgage or Mortgage Note requires the Mortgagor to pay all reasonable out of
pocket fees and expenses associated with securing the consent or approval of the
holder of the Mortgage for a waiver of a "due on sale" or "due on encumbrance"
clause or a defeasance provision. As of the Closing Date, the Seller holds no
preferred equity interest in any Mortgagor and the Seller holds no mezzanine
debt related to such Mortgaged Property.

      (33) Except with respect to the AB Mortgage Loans, each Mortgage Loan is a
whole loan and not a participation interest in a mortgage loan.

      (34) Each Mortgage Loan containing provisions for defeasance of mortgage
collateral provides that: defeasance may not occur any earlier than two years
after the Closing Date; and requires or provides (A) the replacement collateral
consist of U.S. "government securities," within the meaning of Treasury
Regulations Section 1.860G-2(a)(8)(i), in an amount sufficient to make all
scheduled payments under the Mortgage Note when due (up to the maturity date for
the related Mortgage Loan, the Anticipated Repayment Date for ARD Loans or the
date on which the Mortgagor may prepay the related Mortgage Loan without payment
of any prepayment penalty); (B) the loan may be assumed by a Single Purpose
Entity approved by the holder of the Mortgage Loan; (C) counsel provide an
opinion that the trustee has a perfected security interest in such collateral
prior to any other claim or interest; and (D) such other documents and
certifications as the mortgagee may reasonably require which may include,
without limitation, (i) a certification that the purpose of the defeasance is to
facilitate the disposition of the mortgaged real property or any other customary
commercial transaction and not to be part of an arrangement to collateralize a
REMIC offering with obligations that are not real estate mortgages and (ii) a
certification from an independent certified public accountant that the
collateral is sufficient to make all scheduled payments under the Mortgage Note
when due. Each Mortgage Loan containing provisions for defeasance provides that,
in addition to any cost associated with defeasance, the related Mortgagor shall
pay, as of the date the mortgage collateral is defeased, all scheduled and
accrued interest and principal due as well as an amount sufficient to defease in
full the Mortgage Loan (except as contemplated in paragraph (35) hereof). In
addition, if the related Mortgage Loan permits defeasance, then the Mortgage
Loan documents provide that the related Mortgagor shall (a) pay all reasonable
fees associated with the defeasance of the Mortgage Loan and all other
reasonable expenses associated with the defeasance, or (b) provide all opinions
required under the related Mortgage Loan documents, and in the case of loans
with an outstanding principal balance as of the Cut-off Date of $40,000,000 or
greater, (i) a REMIC opinion and (ii) rating agency letters confirming that no
downgrade or qualification shall occur as a result of the defeasance.

      (35) In the event that a Mortgage Loan is secured by more than one
Mortgaged Property, then, in connection with a release of less than all of such
Mortgaged Properties, a Mortgaged Property may not be released as collateral for
the related Mortgage Loan unless, in connection with such release, an amount
equal to not less than 125% of the Allocated Loan Amount for such Mortgaged
Property is prepaid or, in the case of a defeasance, an amount equal to not less
than 125% of the Allocated Loan Amount is defeased through the deposit of
replacement collateral (as contemplated in paragraph (34) hereof) sufficient to
make all scheduled payments with respect to such defeased amount, or such
release is otherwise in accordance with the terms of the Mortgage Loan
documents.

      (36) Each Mortgaged Property is owned by the related Mortgagor, except for
Mortgaged Properties which are secured in whole or in a part by a Ground Lease
and for out-parcels, and is used and occupied for commercial or multifamily
residential purposes in accordance with applicable law.

      (37) In the event of casualty or destruction of the Mortgaged Property,
any non-conformity with applicable zoning laws as of the origination date will
not prohibit the Mortgaged Property from being restored or repaired in all
material respects, to the use or structure at the time of such casualty, except
for restrictions on its use or rebuildability for which (i) law and ordinance
insurance coverage has been obtained in amounts consistent with the standards
utilized by the Seller or (ii) an ALTA lender's title insurance policy or the
equivalent as adopted in the applicable jurisdiction, insuring against such
non-conformity.

      (38) Neither the Seller nor any affiliate thereof has any obligation to
make any capital contributions to the related Mortgagor under the Mortgage Loan.
The Mortgage Loan was not originated for the sole purpose of financing the
construction of incomplete improvements on the related Mortgaged Property.

      (39) No court of competent jurisdiction will determine in a final decree
that fraud, with respect to the Mortgage Loans, has taken place on the part of
the Seller or, to the Seller's actual knowledge, on the part of any originator,
in connection with the origination of such Mortgage Loan.

      (40) If the related Mortgage or other Mortgage Loan documents provide for
a grace period for delinquent Monthly Payments, such grace period is no longer
than ten (10) days from the applicable payment date.

      (41) The following statements are true with respect to the related
Mortgaged Property: (a) the Mortgaged Property is located on or adjacent to a
dedicated road or has access to an irrevocable easement permitting ingress and
egress and (b) the Mortgaged Property is served by public or private utilities,
water and sewer (or septic facilities) appropriate for the use in which the
Mortgaged Property is currently being utilized.

      (42) None of the Mortgage Loan documents contain any provision that
expressly excuses the related borrower from obtaining and maintaining insurance
coverage for acts of terrorism (provided that such insurance coverage is
generally available at commercially reasonable rates and, in circumstances where
such insurance is not expressly required, that any request on the part of the
mortgagee that the related borrower maintain such insurance is reasonable). Each
Mortgaged Property is insured by a "standard extended coverage" casualty
insurance policy that does not contain an express exclusion for (or,
alternatively, is covered by a separate policy that insures against property
damage resulting from ) acts of terrorism.

      (43) An appraisal of the related Mortgaged Property was conducted in
connection with the origination of such Mortgage Loan, and such appraisal
satisfied the guidelines in Title XI of the Financial Institutions Reform,
Recovery and Enforcement Act of 1989, as in effect on the date such Mortgage
Loan was originated.

      (44) In the case of each related Mortgaged Property that is operated as a
hotel, to the Seller's knowledge as of the origination of the Mortgage Loan, the
related Mortgagor's personal property includes all personal property that a
prudent mortgage lender making a similar mortgage loan would deem reasonably
necessary to operate the related Mortgaged Property as it is currently being
operated.

Defined Terms:

The term "Allocated Loan Amount" shall mean, for each Mortgaged Property, the
portion of principal of the related Mortgage Loan allocated to such Mortgaged
Property for certain purposes (including determining the release prices of
properties, if permitted) under such Mortgage Loan as set forth in the related
loan documents. There can be no assurance, and it is unlikely, that the
Allocated Loan Amounts represent the current values of individual Mortgaged
Properties, the price at which an individual Mortgaged Property could be sold in
the future to a willing buyer or the replacement cost of the Mortgaged
Properties.

The term "Anticipated Repayment Date" shall mean the date on which all or
substantially all of any Excess Cash Flow is required to be applied toward
prepayment of the related Mortgage Loan and on which any such Mortgage Loan
begins accruing Excess Interest.

The term "ARD Loan" shall have the meaning assigned thereto in the Pooling and
Servicing Agreement.

The term "Environmental Site Assessment" shall mean a Phase I environmental
report meeting the requirements of the American Society for Testing and
Materials and being generally consistent with assessments of environmental
hazards undertaken by the Seller for similar properties, as of the date of such
assessment, and, if in accordance with customary industry standards a reasonable
lender would require it, a Phase II environmental report, each prepared by an
independent licensed third party professional experienced in environmental
matters.

The term "Excess Cash Flow" shall mean the cash flow from the Mortgaged Property
securing an ARD Loan after payments of interest (at the Mortgage Interest Rate)
and principal (based on the amortization schedule), and (a) required payments
for the tax and insurance fund and ground lease escrows fund, (b) required
payments for the monthly debt service escrows, if any, (c) payments to any other
required escrow funds and (d) payment of operating expenses pursuant to the
terms of an annual budget approved by the Servicer and discretionary (lender
approved) capital expenditures.

The term "Excess Interest" shall mean any accrued and deferred interest on an
ARD Loan in accordance with the following terms. Commencing on the respective
Anticipated Repayment Date each ARD Loan (pursuant to its existing terms or a
unilateral option, as defined in Treasury Regulations under Section 1001 of the
Code, in the Mortgage Loans exercisable during the term of the Mortgage Loan)
generally will bear interest at a fixed rate (the "Revised Rate") per annum
equal to the Mortgage Interest Rate plus a percentage specified in the related
Mortgage Loan documents. Until the principal balance of each such Mortgage Loan
has been reduced to zero (pursuant to its existing terms or a unilateral option,
as defined in Treasury Regulations under Section 1001 of the Code, in the
Mortgage Loans exercisable during the term of the Mortgage Loan), such Mortgage
Loan will only be required to pay interest at the Mortgage Interest Rate and the
interest accrued at the excess of the related Revised Rate over the related
Mortgage Interest Rate will be deferred (such accrued and deferred interest and
interest thereon, if any, is "Excess Interest").

            The term "in reliance on" shall mean that:

                  (a) the Seller has examined and relied in whole or in part
            upon one or more of the specified documents or other information in
            connection with a given representation or warranty;

                  (b) that the information contained in such document or
            otherwise obtained by the Seller appears on its face to be
            consistent in all material respects with the substance of such
            representation or warranty;

                  (c) the Seller's reliance on such document or other
            information is consistent with the standard of care exercised by
            prudent lending institutions originating commercial mortgage loans;
            and

                  (d) although the Seller is under no obligation to verify
            independently the information contained in any document specified as
            being relied upon by it, the Seller believes the information
            contained therein to be true, accurate and complete in all material
            respects and has no actual knowledge of any facts or circumstances
            which would render reliance thereon unjustified without further
            inquiry.

The term "Mortgage Interest Rate" shall mean the fixed rate of interest per
annum that each Mortgage Loan bears as of the Cut-off Date.

            The term "Permitted Encumbrances" shall mean:

                  (a) the lien of current real property taxes, water charges,
            sewer rents and assessments not yet delinquent or accruing interest
            or penalties;

                  (b) covenants, conditions and restrictions, rights of way,
            easements and other matters of public record acceptable to mortgage
            lending institutions generally and referred to in the related
            mortgagee's title insurance policy;

                  (c) other matters to which like properties are commonly
            subject, and

                  (d) the rights of tenants, as tenants only, whether under
            ground leases or space leases at the Mortgaged Property.

                  which together do not materially and adversely affect the
            related Mortgagor's ability to timely make payments on the related
            Mortgage Loan, which do not materially interfere with the benefits
            of the security intended to be provided by the related Mortgage or
            the use, for the use currently being made, the operation as
            currently being operated, enjoyment, value or marketability of such
            Mortgaged Property, provided, however, that, for the avoidance of
            doubt, Permitted Encumbrances shall exclude all pari passu, second,
            junior and subordinated mortgages but shall not exclude mortgages
            that secure Mortgage Loans that are cross-collateralized with other
            Mortgage Loans.

Other. For purposes of these representations and warranties, the term "to the
Seller's knowledge" shall mean that no officer, employee or agent of the Seller
responsible for the underwriting, origination or sale of the Mortgage Loans or
of any servicer responsible for servicing the Mortgage Loan on behalf of the
Seller, believes that a given representation or warranty is not true or is
inaccurate based upon the Seller's reasonable inquiry and during the course of
such inquiry, no such officer, employee or agent of the Seller or such servicer
has obtained any actual knowledge of any facts or circumstances that would cause
such person to believe that such representation or warranty was inaccurate.
Furthermore, all information contained in documents which are part of or
required to be part of a Mortgage File shall be deemed to be within the Seller's
knowledge. For purposes of these representations and warranties, the term "to
the Seller's actual knowledge" shall mean that an officer, employee or agent of
the Seller responsible for the underwriting, origination and sale of the
Mortgage Loans does not actually know of any facts or circumstances that would
cause such person to believe that such representation or warranty was
inaccurate.
<PAGE>

                                    EXHIBIT C

           EXCEPTIONS TO MORTGAGE LOAN REPRESENTATIONS AND WARRANTIES

                               JPMCC 2007 - LDP11
                          Exceptions to Representations

Representation #(4)

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
39                     Carespring Portfolio                       The Mortgaged Property secures the Mortgage Loan (consisting of a
                                                                  Fixed Rate A-1 Note), a Fixed Rate A-2 Note and a Fixed Rate A-3
                                                                  Note (each of which is pari passu with the Mortgage Loan and is
                                                                  not included in the trust fund).

115                    Four Points by Sheraton                    The Mortgaged Property secures the Mortgage Loan and a B-Note
                                                                  held by CBA-Mezzanine Capital Finance, LLC.

114                    Wayne State University                     The Mortgaged Property secures the Mortgage Loan and a B-Note
                                                                  held by CBA-Mezzanine Capital Finance, LLC.

6                      Franklin Mills                             The Mortgaged Property secures the Mortgage Loan (consisting of a
                                                                  Fixed Rate A-1 Note) and a Fixed Rate A-2 Note (which is pari
                                                                  passu with the Mortgage Loan and is not included in the
                                                                  trust fund).
</TABLE>

Representation #(6)

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
131                    Westview Commons I                         The Mortgaged Loan is structured as an indemnity deed of trust
                                                                  ("IDOT"), under which the Mortgage Note is secured by an
                                                                  indemnity guaranty, which indemnity guaranty is secured by the
                                                                  fee interest in the Mortgaged Property.  The guarantor of the
                                                                  Mortgage Note owns the Mortgaged Property and thus has an
                                                                  interest in the lease payments.

79                     Mission Eagle Point                        The Mortgage Loan is structured as a Delaware statutory trust.
                                                                  As part of that structure, the Mortgagor has master leased the
                                                                  Mortgaged Property to an affiliate entity.  The master lessee
                                                                  subleases the property to the ultimate tenants of the Mortgaged
                                                                  Property.  The master lease is subordinate to the Mortgage Loan.

39                     Carespring Portfolio                       The Mortgaged Property secures the Mortgage Loan (consisting of a
                                                                  Fixed Rate A-1 Note), a Fixed Rate A-2 Note and a Fixed Rate A-3
                                                                  Note (each of which is pari passu with the Mortgage Loan and is
                                                                  not included in the trust fund).

6                      Franklin Mills                             The Mortgaged Property secures the Mortgage Loan (consisting of a
                                                                  Fixed Rate A-1 Note) and a Fixed Rate A-2 Note (which is pari
                                                                  passu with the Mortgage Loan and is not included in the trust
                                                                  fund).

50                     Lee DeForest Drive Center                  The Mortgaged Loan is structured as an indemnity deed of trust
                                                                  ("IDOT"), under which the Mortgage Note is secured by an
                                                                  indemnity guaranty, which indemnity guaranty is secured by the
                                                                  fee interest in the Mortgaged Property.  The guarantor of the
                                                                  Mortgage Note owns the Mortgaged Property and thus has an
                                                                  interest in the lease payments.
</TABLE>

Representation #(7)

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
131                    Westview Commons I                         Because the Mortgage Loan is structured for tax purposes as an
                                                                  IDOT, the guarantor of the Mortgage Note is the owner of the
                                                                  related Mortgaged Property instead of the related Mortgagor.

50                     Lee DeForest Drive Center                  Because the Mortgage Loan is structured for tax purposes as an
                                                                  IDOT, the guarantor of the Mortgage Note is the owner of the
                                                                  related Mortgaged Property instead of the related Mortgagor.
</TABLE>

Representation #(10(i))

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
182                    BRECO Building                             There is no individual or entity other than the Mortgagor who is
                                                                  liable for the non-recourse carveouts.

                                                                  There is no individual or entity other than the Mortgagor who is
125                    Sunset Ridge Apartments                    liable for the environmental non-recourse carveouts.

130                    Town Sports International - Newton, MA     The environmental indemnity contains a 3 year sunset provision.

225                    Spiral Plaza                               In order to comply with Kentucky law, which imposes certain
                                                                  limits on guarantor liability, the liability in the guaranty
                                                                  related to the Mortgage Loan has been capped at $10,500,000 (3
                                                                  times the original loan amount), subject to adjustment for
                                                                  interest and reasonable attorneys' fees.

58                     Washington Commons                         The environmental indemnity contains a 3 year sunset provision.

80                     Colonial Bank Plaza                        There is no individual or entity other than the Mortgagor who is
                                                                  liable for the non-recourse carveouts.

86                     Burns Medical Office                       There is no individual or entity other than the Mortgagor who is
                                                                  liable for the non-recourse carveouts.

169                    The Farrington                             There is no individual or entity other than the Mortgagor who is
                                                                  liable for the environmental non-recourse carveouts.

                                                                  The environmental indemnity contains a 0 year sunset provision.

134                    Shadow Oaks                                There is no individual or entity other than the Mortgagor who is
                                                                  liable for the environmental non-recourse carveouts.

                                                                  The environmental indemnity contains a 0 year sunset provision.

141                    The Preakness                              There is no individual or entity other than the Mortgagor who is
                                                                  liable for the environmental non-recourse carveouts.

                                                                  The environmental indemnity contains a 0 year sunset provision.

34                     Kenley Apartments                          There is no individual or entity other than the Mortgagor who is
                                                                  liable for the environmental non-recourse carveouts.

                                                                  The environmental indemnity contains a 0 year sunset provision.

73                     Sandcastle Apartments                      There is no individual or entity other than the Mortgagor who is
                                                                  liable for the environmental non-recourse carveouts.

                                                                  The environmental indemnity contains a 0 year sunset provision.

6                      Franklin Mills                             There is no individual or entity other than the Mortgagor who is
                                                                  liable for the non-recourse carveouts.

                                                                  The environmental indemnity contains a 0 year sunset provision.

94                     Worthington on the Beltway                 All non-recourse carveouts are limited solely to the actions of
                                                                  each co-Mortgagor.  Additionally, four of the twelve
                                                                  co-Mortgagors are self directed individual retirement account
                                                                  funds and did not execute guaranties for the non-recourse
                                                                  carveouts.
</TABLE>

Representation #(10(iii))

<TABLE>
<CAPTION>
     Loan Number                       Loan Name                                       Description of Exception
<S>                    <C>                                        <C>
         131           Westview Commons I                         The Mortgage Loan is structured as an IDOT, and while the related
                                                                  Mortgagor was the maker of the Mortgage Note, the Mortgage was
                                                                  given by the indemnity guarantor.

         50            Lee DeForest Drive Center                  The Mortgage Loan is structured as an IDOT, and while the related
                                                                  Mortgagor was the maker of the Mortgage Note, the Mortgage was
                                                                  given by the indemnity guarantor.
</TABLE>

Representation #(10(iv))

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
169                    The Farrington                             The terms of the respective Mortgage Loan documents were modified
                                                                  after May 22, 2007 to accept the current all-risk insurance
                                                                  coverage amounts.

134                    Shadow Oaks                                The terms of the respective Mortgage Loan documents were modified
                                                                  after May 22, 2007 to accept the current all-risk insurance
                                                                  coverage amounts.

141                    The Preakness                              The terms of the respective Mortgage Loan documents were modified
                                                                  after May 22, 2007 to accept the current all-risk insurance
                                                                  coverage amounts and to provide the Mortgagor with the option of
                                                                  providing a letter of credit in lieu of the cash held for the tax
                                                                  adjustment escrow.

34                     Kenley Apartments                          The terms of the respective Mortgage Loan documents were modified
                                                                  after May 22, 2007 to accept the current all-risk insurance
                                                                  coverage amounts.

73                     Sandcastle Apartments                      The terms of the respective Mortgage Loan documents were modified
                                                                  after May 22, 2007 to accept the current all-risk insurance
                                                                  coverage amounts.

6                      Franklin Mills                             The terms of the respective Mortgage Loan documents were modified
                                                                  after May 22, 2007 to delete certain substitutions provisions.

23                     625 Broadway                               The terms of the respective Mortgage Loan documents were modified
                                                                  after May 22, 2007 to include additional provisions regarding the
                                                                  letters of credit.
</TABLE>

Representation #(12)

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
130                    Town Sports International - Newton, MA     The Mortgagor may obtain a release of an individual Mortgaged
                                                                  Property by substituting its interest in other properties as
                                                                  collateral during the term of the Mortgage Loan, subject to
                                                                  certain conditions as set forth in the related Mortgage Loan
                                                                  documents.

160                    Tramz Hampton Inn - Greenville             The Tramz Hampton Inn - Greensboro Mortgage Loan, Tramz Hampton
                                                                  Inn - Greenville Mortgage Loan, Tramz Hampton Inn- Syracuse
                                                                  Mortgage Loan, Tramz Hampton Inn - Amarillo Mortgage Loan, Tramz
                                                                  Hampton Inn - Eden Prairie Mortgage Loan, Tramz Hampton Inn - San
                                                                  Antonio Mortgage Loan and Tramz Hampton Inn - Albuquerque
                                                                  Mortgage Loan are cross collateralized.  The Tramz Hampton Inn -
                                                                  Greenville Mortgage Loan may be released from the cross
                                                                  collateralization provisions upon defeasance of an amount equal
                                                                  to 100% of the allocated loan amount.

187                    Tramz Hampton Inn - Greensboro             The Tramz Hampton Inn - Greensboro Mortgage Loan, Tramz Hampton
                                                                  Inn - Greenville Mortgage Loan, Tramz Hampton Inn- Syracuse
                                                                  Mortgage Loan, Tramz Hampton Inn - Amarillo Mortgage Loan, Tramz
                                                                  Hampton Inn - Eden Prairie Mortgage Loan, Tramz Hampton Inn - San
                                                                  Antonio Mortgage Loan and Tramz Hampton Inn - Albuquerque
                                                                  Mortgage Loan are cross collateralized.  The Tramz Hampton Inn -
                                                                  Greensboro Mortgage Loan may be released from the cross
                                                                  collateralization provisions upon defeasance of an amount equal
                                                                  to 100% of the allocated loan amount.

196                    Tramz Hampton Inn - Syracuse               The Tramz Hampton Inn - Greensboro Mortgage Loan, Tramz Hampton
                                                                  Inn - Greenville Mortgage Loan, Tramz Hampton Inn- Syracuse
                                                                  Mortgage Loan, Tramz Hampton Inn - Amarillo Mortgage Loan, Tramz
                                                                  Hampton Inn - Eden Prairie Mortgage Loan, Tramz Hampton Inn - San
                                                                  Antonio Mortgage Loan and Tramz Hampton Inn - Albuquerque
                                                                  Mortgage Loan are cross collateralized.  The Tramz Hampton Inn -
                                                                  Syracuse Mortgage Loan may be released from the cross
                                                                  collateralization provisions upon defeasance of an amount equal
                                                                  to 100% of the allocated loan amount.

167                    Tramz Hampton Inn - Amarillo               The Tramz Hampton Inn - Greensboro Mortgage Loan, Tramz Hampton
                                                                  Inn - Greenville Mortgage Loan, Tramz Hampton Inn- Syracuse
                                                                  Mortgage Loan, Tramz Hampton Inn - Amarillo Mortgage Loan, Tramz
                                                                  Hampton Inn - Eden Prairie Mortgage Loan, Tramz Hampton Inn - San
                                                                  Antonio Mortgage Loan and Tramz Hampton Inn - Albuquerque
                                                                  Mortgage Loan are cross collateralized.  The Tramz Hampton Inn -
                                                                  Amarillo Mortgage Loan may be released from the cross
                                                                  collateralization provisions upon defeasance of an amount equal
                                                                  to 120% of the allocated loan amount.  Of the 120%, 20% shall be
                                                                  used to partially defease the mortgage loan, that is still
                                                                  subject to the cross collateralization provisions, with the
                                                                  lowest debt service coverage ratio at the time of partial
                                                                  defeasance.

184                    Tramz Hampton Inn - Eden Prairie           The Tramz Hampton Inn - Greensboro Mortgage Loan, Tramz Hampton
                                                                  Inn - Greenville Mortgage Loan, Tramz Hampton Inn- Syracuse
                                                                  Mortgage Loan, Tramz Hampton Inn - Amarillo Mortgage Loan, Tramz
                                                                  Hampton Inn - Eden Prairie Mortgage Loan, Tramz Hampton Inn - San
                                                                  Antonio Mortgage Loan and Tramz Hampton Inn - Albuquerque
                                                                  Mortgage Loan are cross collateralized.  The Tramz Hampton Inn -
                                                                  Eden Prairie Mortgage Loan may be released from the cross
                                                                  collateralization provisions upon defeasance of an amount equal
                                                                  to 120% of the allocated loan amount.  Of the 120%, 20% shall be
                                                                  used to partially defease the mortgage loan, that is still
                                                                  subject to the cross collateralization provisions, with the
                                                                  lowest debt service coverage ratio at the time of partial
                                                                  defeasance.

177                    Tramz Hampton Inn - San Antonio            The Tramz Hampton Inn - Greensboro Mortgage Loan, Tramz Hampton
                                                                  Inn - Greenville Mortgage Loan, Tramz Hampton Inn- Syracuse
                                                                  Mortgage Loan, Tramz Hampton Inn - Amarillo Mortgage Loan, Tramz
                                                                  Hampton Inn - Eden Prairie Mortgage Loan, Tramz Hampton Inn - San
                                                                  Antonio Mortgage Loan and Tramz Hampton Inn - Albuquerque
                                                                  Mortgage Loan are cross collateralized.  The Tramz Hampton Inn -
                                                                  San Antonio Mortgage Loan may be released from the cross
                                                                  collateralization provisions upon defeasance of an amount equal
                                                                  to 120% of the allocated loan amount.  Of the 120%, 20% shall be
                                                                  used to partially defease the mortgage loan, that is still
                                                                  subject to the cross collateralization provisions, with the
                                                                  lowest debt service coverage ratio at the time of partial
                                                                  defeasance.

181                    Tramz Hampton Inn - Albuquerque            The Tramz Hampton Inn - Greensboro Mortgage Loan, Tramz Hampton
                                                                  Inn - Greenville Mortgage Loan, Tramz Hampton Inn- Syracuse
                                                                  Mortgage Loan, Tramz Hampton Inn - Amarillo Mortgage Loan, Tramz
                                                                  Hampton Inn - Eden Prairie Mortgage Loan, Tramz Hampton Inn - San
                                                                  Antonio Mortgage Loan and Tramz Hampton Inn - Albuquerque
                                                                  Mortgage Loan are cross collateralized.  The Tramz Hampton Inn -
                                                                  Albuquerque Mortgage Loan may be released from the cross
                                                                  collateralization provisions upon defeasance of an amount equal
                                                                  to 120% of the allocated loan amount.  Of the 120%, 20% shall be
                                                                  used to partially defease the mortgage loan, that is still
                                                                  subject to the cross collateralization provisions, with the
                                                                  lowest debt service coverage ratio at the time of partial
                                                                  defeasance.

31                     The Mill                                   Each of the planned community units at the Mortgaged Property may
                                                                  be released from the lien of the Mortgage upon defeasance of an
                                                                  amount equal to 115% of the allocated loan amount.

39                     Carespring Portfolio                       Each Carespring Portfolio property may be released from the lien
                                                                  of the Mortgage upon defeasance of an amount equal to 125% of the
                                                                  allocated loan amount; provided however, in the event a casualty
                                                                  affects the defeased property, the affected property may be
                                                                  released from the lien of the Mortgage upon defeasance of an
                                                                  amount equal to 110% of the allocated loan amount.
</TABLE>

Representation #(16)

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
5; 94; 216; 193; 73    5 Penn Plaza; Worthington on the           The respective Mortgaged Properties are legally nonconforming due
                       Beltway; Las Colinas Office; The           to deficient parking.
                       Executive Building - Cin. Oh; Sandcastle
                       Apartments

242                    1550 North Congress                        The Mortgaged Property is nonconforming due to deficient parking
                                                                  and a density violation; however, there is law and ordinance
                                                                  coverage.

27                     Brooklyn/Queens Industrial Portfolio       The Mortgaged Property is illegally nonconforming due to certain
                                                                  signs or billboards that do not comply with applicable zoning
                                                                  laws.  However, law and ordinance coverage is in place and the
                                                                  mortgagee has a recourse carveout up to the amount of income
                                                                  attributable to the signs or billboards.
</TABLE>

Representation #(17)

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
86                     Burns Medical Office                       As of the date of origination, the related Mortgaged Property was
                                                                  part of a larger tax parcel.  Pursuant to an undelivered items
                                                                  letter, the Mortgagor has agreed to obtain a separate tax
                                                                  identification number for the Mortgaged Property within 14 days
                                                                  of origination.

224                    170 Post Road                              There is an outstanding sewer lien on the Mortgaged Property.
                                                                  The Mortgagor is on a monthly payment plan and the title policy
                                                                  has insured that payments are current through the date of the
                                                                  policy.
</TABLE>

Representation #(19(i))

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
225; 183; 168; 36;     Spiral Plaza; Crosssgate Center; Ashley    The mortgagee waived escrows for immediate repairs in an amount
231; 242; 134; 169;    Furniture; Swedesford Plaza; Academy       of less than $5,000 recommended by the property condition report.
141                    Sports Houston; 1550 North Congress;
                       Shadow Oaks; The Farrington; The
                       Preakness

23                     625 Broadway                               The mortgagee waived escrows for immediate repairs in the amount
                                                                  of $17,550 recommended by the property condition report.

215                    1140-1160 Parsippany Boulevard             The mortgagee waived escrows for immediate repairs in the amount
                                                                  of $5,594 recommended by the property condition report.

216                    Las Colinas Office                         The mortgagee waived escrows for immediate repairs in the amount
                                                                  of $15,700 recommended by the property condition report.
</TABLE>

Representation #(19(ii))

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
224                    170 Post Road                              There is a proceeding pending for the partial condemnation of the
                                                                  Mortgaged Property for a proposed utility easement.
</TABLE>

Representation #(20(iii))

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
129                    Orpheum Towers Apartments                  The mortgagee must obtain the ground lessor's consent before
                                                                  further assigning the ground lease.
</TABLE>

Representation #(21(ii))

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
5                      5 Penn Plaza                               The Environmental Site Assessment recommended the implementation
                                                                  of an asbestos operations and maintenance plan ("O&M Plan"), but
                                                                  it was not executed prior to closing.

215                    1140-1160 Parsippany Boulevard             The Environmental Site Assessment recommended the implementation
                                                                  of a Water and Mold Response Plan and the Mortgagor is required
                                                                  to implement this plan within 90 days of origination.

186                    Falls Parc Apartments                      The Environmental Site Assessment recommends that environmental
                                                                  sampling events at the adjacent landfill should be regularly
                                                                  monitored to determine if methane gas levels or volatile organic
                                                                  carbon ("VOC") levels in groundwater change. If an increase of
                                                                  methane gas or VOC levels occurs, additional subsurface
                                                                  investigation on the Mortgaged Property may be warranted.

31                     The Mill                                   The Environmental Site Assessment recommends that groundwater
                                                                  monitoring, as currently conducted at the Mortgaged Property be
                                                                  continued in order to obtain the apparent closure required by the
                                                                  Connecticut Department of Environmental Protection.
</TABLE>

Representation #(21(iv))

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
130                    Town Sports International - Newton, MA     The environmental indemnity contains a 3 year sunset provision.

58                     Washington Commons                         The environmental indemnity contains a 3 year sunset provision.

131                    Westview Commons I                         This loan is secured by an IDOT.  The indemnity guarantor and not
                                                                  the Mortgagor, is required to comply with environmental laws and
                                                                  regulations.

169                    The Farrington                             The environmental indemnity contains a 0 year sunset provision.

134                    Shadow Oaks                                The environmental indemnity contains a 0 year sunset provision.

141                    The Preakness                              The environmental indemnity contains a 0 year sunset provision.

34                     Kenley Apartments                          The environmental indemnity contains a 0 year sunset provision.

73                     Sandcastle Apartments                      The environmental indemnity contains a 0 year sunset provision.

50                     Lee DeForest Drive Center                  This loan is secured by an IDOT.  The indemnity guarantor and not
                                                                  the Mortgagor, is required to comply with environmental laws and
                                                                  regulations.

6                      Franklin Mills                             The environmental indemnity contains a 0 year sunset provision.
</TABLE>

Representation #(22)

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
129                    Orpheum Towers Apartments                  Mortgagor may maintain comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $5,000.

182                    BRECO Building                             Mortgagor may maintain comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $1,000.

27                     Brooklyn/Queens Industrial Portfolio       Mortgagor may maintain comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $5,000.

                                                                  The Mortgagor is required to carry Insurance Policies having a
                                                                  claims paying ability rating of "A" or better (and the equivalent
                                                                  thereof); provided, however, that (i) the first layer of coverage
                                                                  under such insurance will be provided by carriers with a minimum
                                                                  financial strength rating by S&P of "A" or better; (ii) 60% (75%
                                                                  if there are four or fewer members in the syndicate) of the
                                                                  aggregate limits under such Insurance Policies must be provided
                                                                  by carriers with a minimum financial strength rating from S&P of
                                                                  "A" or better and (iii) the financial strength rating from S&P
                                                                  for each carrier in the syndicate should be at least "BBB".

95                     BB Mini Storage Portfolio                  The Mortgage Loan documents provide for a windstorm deductible of
                                                                  5% of the insured value of the Mortgaged Property.

209                    Florida City-Extra Space Storage           Mortgagor may maintain comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $5,000.

                                                                  The Mortgage Loan documents provide for a windstorm deductible of
                                                                  5% of the insured value of the Mortgaged Property.

140                    Hunter's Crossing                          Mortgagor may maintain comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $5,000.

108                    Rancho Fiesta                              Mortgagor may maintain comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $1,000.

215                    1140-1160 Parsippany Boulevard             Mortgagor may maintain comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $20,000.

231                    Academy Sports Houston                     Subject to the satisfaction of certain conditions, Mortgagor may
                                                                  maintain all-risk insurance with a deductible that does not
                                                                  exceed $100,000 and comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $250,000.

212                    Academy Sports San Antonio                 Subject to the satisfaction of certain conditions, Mortgagor may
                                                                  maintain all-risk insurance with a deductible that does not
                                                                  exceed $100,000 and comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $250,000.

203                    Best Buy-Wichita Falls                     Best Buy, the sole tenant at the Mortgaged Property, is permitted
                                                                  to self insure.

39                     Carespring Portfolio                       Mortgagor may maintain comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $50,000.

97                     Westwood Plaza                             Mortgagor may maintain comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $2,500.

211                    Pecan Mannor                               Mortgagor may maintain comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $2,500.

201                    Winston Square                             Mortgagor may maintain comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $2,500.

155                    Spanish Spur                               Mortgagor may maintain comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $2,500.

169                    The Farrington                             So long as the Mortgagor maintains a cash escrow account and
                                                                  subject to the satisfaction of certain other conditions,
                                                                  Mortgagor may maintain all-risk insurance with a deductible that
                                                                  does not exceed $100,000 per claim and $200,000 in the aggregate
                                                                  per annum and comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $10,000.

                                                                  The all-risk coverage is an amount that is less than the lesser
                                                                  of: (i) the full replacement cost (as established by the
                                                                  insurable value of the Mortgaged Property set forth in the
                                                                  appraisal) and (ii) the outstanding principal balance of the
                                                                  related Mortgage Loan.  However, the Mortgaged Property is
                                                                  comprised of 26 individual low rise buildings and the all-risk
                                                                  policy covers in excess of 100% of the insurable value of each
                                                                  building (taken individually) on the Mortgaged Property under a
                                                                  blanket policy.  The blanket limit is sufficient to cover several
                                                                  (but not all) buildings if completely destroyed from a single
                                                                  event.  Each building is physically separated from other
                                                                  buildings on the Mortgaged Property.

                                                                  The insurance carrier for the first layer of the all-risk
                                                                  coverage, US Fire Insurance Company, which has a rating of "BBB"
                                                                  by S&P and "A-:XIII" by A.M. Best, does not satisfy the required
                                                                  rating of "A-" by S&P and "A:VIII" by A.M. Best.

134                    Shadow Oaks                                So long as the Mortgagor maintains a cash escrow account and
                                                                  subject to the satisfaction of certain other conditions,
                                                                  Mortgagor may maintain all-risk insurance with a deductible that
                                                                  does not exceed $100,000 per claim and $200,000 in the aggregate
                                                                  per annum and comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $10,000.

                                                                  The all-risk coverage is an amount that is less than the lesser
                                                                  of: (i) the full replacement cost (as established by the
                                                                  insurable value of the Mortgaged Property set forth in the
                                                                  appraisal) and (ii) the outstanding principal balance of the
                                                                  related Mortgage Loan.  However, the Mortgaged Property is
                                                                  comprised of 14 individual low rise buildings and the all-risk
                                                                  policy covers in excess of 100% of the insurable value of each
                                                                  building (taken individually) on the Mortgaged Property under a
                                                                  blanket policy.  The blanket limit is sufficient to cover several
                                                                  (but not all) buildings if completely destroyed from a single
                                                                  event.  Each building is physically separated from other
                                                                  buildings on the Mortgaged Property.

                                                                  The insurance carrier for the first layer of the all-risk
                                                                  coverage, US Fire Insurance Company, which has a rating of "BBB"
                                                                  by S&P and "A-:XIII" by A.M. Best, does not satisfy the required
                                                                  rating of "A-" by S&P and "A:VIII" by A.M. Best.

141                    The Preakness                              So long as the Mortgagor maintains a cash escrow account and
                                                                  subject to the satisfaction of certain other conditions,
                                                                  Mortgagor may maintain all-risk insurance with a deductible that
                                                                  does not exceed $100,000 per claim and $200,000 in the aggregate
                                                                  per annum and comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $10,000.

                                                                  The Mortgage Loan documents provide for a windstorm deductible of
                                                                  2% of the insured value of the Mortgaged Property.

                                                                  The insurance carrier for the first layer of the all-risk
                                                                  coverage, US Fire Insurance Company, which has a rating of "BBB"
                                                                  by S&P and "A-:XIII" by A.M. Best, does not satisfy the required
                                                                  rating of "A-" by S&P and "A:VIII" by A.M. Best.

34                     Kenley Apartments                          So long as the Mortgagor maintains a cash escrow account and
                                                                  subject to the satisfaction of certain other conditions,
                                                                  Mortgagor may maintain all-risk insurance with a deductible that
                                                                  does not exceed $100,000 per claim and $200,000 in the aggregate
                                                                  per annum and comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $10,000.

                                                                  The all-risk coverage is an amount that is less than the lesser
                                                                  of: (i) the full replacement cost (as established by the
                                                                  insurable value of the Mortgaged Property set forth in the
                                                                  appraisal) and (ii) the outstanding principal balance of the
                                                                  related Mortgage Loan.  However, the Mortgaged Property is
                                                                  comprised of 20 individual low rise buildings and the all-risk
                                                                  policy covers in excess of 100% of the insurable value of each
                                                                  building (taken individually) on the Mortgaged Property under a
                                                                  blanket policy.  The blanket limit is sufficient to cover several
                                                                  (but not all) buildings if completely destroyed from a single
                                                                  event.  Each building is physically separated from other
                                                                  buildings on the Mortgaged Property.

                                                                  The insurance carrier for the first layer of the all-risk
                                                                  coverage, US Fire Insurance Company, which has a rating of "BBB"
                                                                  by S&P and "A-:XIII" by A.M. Best, does not satisfy the required
                                                                  rating of "A-" by S&P and "A:VIII" by A.M. Best.

73                     Sandcastle Apartments                      So long as the Mortgagor maintains a cash escrow account and
                                                                  subject to the satisfaction of certain other conditions,
                                                                  Mortgagor may maintain all-risk insurance with a deductible that
                                                                  does not exceed $100,000 per claim and $200,000 in the aggregate
                                                                  per annum and comprehensive commercial general liability
                                                                  insurance with a deductible that does not exceed $10,000.

                                                                  The all-risk coverage is an amount that is less than the lesser
                                                                  of: (i) the full replacement cost (as established by the
                                                                  insurable value of the Mortgaged Property set forth in the
                                                                  appraisal) and (ii) the outstanding principal balance of the
                                                                  related Mortgage Loan.  However, the Mortgaged Property is
                                                                  comprised of 35 individual low rise buildings and the all-risk
                                                                  policy covers in excess of 100% of the insurable value of each
                                                                  building (taken individually) on the Mortgaged Property under a
                                                                  blanket policy.  The blanket limit is sufficient to cover several
                                                                  (but not all) buildings if completely destroyed from a single
                                                                  event.  Each building is physically separated from other
                                                                  buildings on the Mortgaged Property.

                                                                  Due to the location of the Mortgaged Property, windstorm
                                                                  insurance is covered under the Texas windstorm pool ("Program").
                                                                  Pursuant to the Program, the deductible is $1,000 per building
                                                                  and if the Mortgagor obtains insurance outside of the Program,
                                                                  the deductible is capped at $25,000.

                                                                  The insurance carrier for the first layer of the all-risk
                                                                  coverage, US Fire Insurance Company, which has a rating of "BBB"
                                                                  by S&P and "A-:XIII" by A.M. Best, does not satisfy the required
                                                                  rating of "A-" by S&P and "A:VIII" by A.M. Best.

6                      Franklin Mills                             Mortgagor may maintain all-risk insurance with a deductible that
                                                                  does not exceed $250,000.

                                                                  The Mortgagor is required to carry Insurance Policies from
                                                                  carriers having a claims-paying ability rating of "A" or better
                                                                  (or the equivalent thereof) by at least two (2) of the rating
                                                                  agencies rating the Certificates, or, if only one rating agency
                                                                  is rating the Certificates, then only by such rating agency;
                                                                  provided, however, that if insurance is provided by a syndicate,
                                                                  the insurers will be acceptable if:  (i) the first layer of
                                                                  coverage under such insurance will be provided by carriers with a
                                                                  minimum financial strength rating by S&P of "A" or better; (ii)
                                                                  60% (75% if there are four or fewer members in the syndicate) of
                                                                  the aggregate limits under such Insurance Policies must be
                                                                  provided by carriers with a minimum financial strength rating
                                                                  from S&P of "A" or better and (iii) the financial strength rating
                                                                  from S&P for each carrier in the syndicate should be at least
                                                                  "BBB".

                       All Loans                                  Although the Mortgage Loan Documents require comprehensive
                                                                  general liability insurance consistent with this representation
                                                                  and warranty, as of the date hereof, the mortgagee has not
                                                                  received evidence of the endorsement necessary to include it as
                                                                  an additional insured.  At closing, the mortgagee accepted
                                                                  evidence of comprehensive commercial general liability insurance
                                                                  and its inclusion as an additional insured on standard Accord
                                                                  form 25 or other similar forms.
</TABLE>

Representation #(24)

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
36                     Swedesford Plaza                           The Mortgagor is a potential defendant in an existing lawsuit to
                                                                  which Quizno's, a tenant at the Mortgaged Property, filed suit
                                                                  against Swedesford Plaza Associates, LP, the previous owner of
                                                                  the Mortgaged Property, alleging a breach of an exclusivity
                                                                  provision in its lease.  The guarantor is responsible for any
                                                                  reduction in Quizno's rent under the existing lease as a result
                                                                  of the lawsuit and costs incurred by the Mortgagor (including any
                                                                  monetary judgment) in defending the lawsuit.  Additionally,
                                                                  Swedesford Plaza Associates, LP, the seller of the Mortgaged
                                                                  Property, has executed an indemnification agreement with the
                                                                  Mortgagor.

224                    170 Post Road                              There is a proceeding pending for the partial condemnation of the
                                                                  Mortgaged Property for a proposed utility easement.
</TABLE>

Representation #(27)

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
131                    Westview Commons I                         This loan is secured by an IDOT.  The indemnity guarantor and not
                                                                  the Mortgagor, is required to provide financial information to
                                                                  the mortgagee.

50                     Lee DeForest Drive Center                  This loan is secured by an IDOT.  The indemnity guarantor and not
                                                                  the Mortgagor, is required to provide financial information to
                                                                  the mortgagee.
</TABLE>

Representation #(30)

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
108                    Rancho Fiesta                              Although the Mortgagor is otherwise a special purpose entity, it
                                                                  is permitted to own mobile homes and the commercial paper that
                                                                  would secure the mobile homes in the event of their sale.

27                     Brooklyn/Queens Industrial Portfolio       The Mortgage Loan has an original principal balance of
                                                                  $40,000,000 or more; however, a non-consolidation opinion was not
                                                                  delivered at origination.
</TABLE>

Representation #(32)

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
129                    Orpheum Towers Apartments                  Subject to the satisfaction of certain criteria, the Mortgage
                                                                  Loan documents allow members of the Mortgagor the right to pledge
                                                                  their interests in the Mortgagor to secure a mezzanine loan
                                                                  pursuant to the security instrument.

178                    Hidden Park Apartments                     Subject to the satisfaction of certain criteria, the Mortgage
                                                                  Loan documents allow members of the Mortgagor the right to pledge
                                                                  their interests in the Mortgagor to secure a mezzanine loan
                                                                  pursuant to the security instrument.

55                     Cinemark Valley View                       Subject to the satisfaction of certain conditions, transfers to
                                                                  affiliates and other entities or individuals are permitted
                                                                  pursuant to the Mortgage Loan documents.

125                    Sunset Ridge Apartments                    Subject to the satisfaction of certain conditions, transfers to
                                                                  affiliates and other entities or individuals are permitted
                                                                  pursuant to the Mortgage Loan documents.

130                    Town Sports International - Newton, MA     Subject to the satisfaction of certain conditions, transfers to
                                                                  affiliates and other entities or individuals are permitted
                                                                  pursuant to the Mortgage Loan documents.

5                      5 Penn Plaza                               Subject to the satisfaction of certain criteria, the Mortgage
                                                                  Loan documents allow members of the Mortgagor the right to pledge
                                                                  their interests in the Mortgagor to secure a mezzanine loan
                                                                  pursuant to the security instrument.

58                     Washington Commons                         Subject to the satisfaction of certain conditions, transfers to
                                                                  affiliates and other entities or individuals are permitted
                                                                  pursuant to the Mortgage Loan documents.

                                                                  Subject to the satisfaction of certain criteria, the Mortgage
                                                                  Loan documents allow members of the Mortgagor the right to pledge
                                                                  their interests in the Mortgagor to secure a mezzanine loan
                                                                  pursuant to the security instrument.

64                     Shoppes of Victoria Park                   Subject to the satisfaction of certain criteria, the Mortgage
                                                                  Loan documents allow members of the Mortgagor the right to pledge
                                                                  their interests in the Mortgagor to secure a mezzanine loan
                                                                  pursuant to the security instrument.

41                     Embassy Suites Hotel & Executive Meeting   Subject to the satisfaction of certain conditions, transfers to
                       Center                                     affiliates and other entities or individuals are permitted
                                                                  pursuant to the Mortgage Loan documents.

                                                                  The direct owner of 100% of the Mortgagor has pledged its
                                                                  ownership interests in the Mortgagor to secure a mezzanine loan
                                                                  held by Allied Capital Corporation.  If such entity defaults on
                                                                  the mezzanine loan, the interests in such direct owner will be
                                                                  transferred to such mezzanine lender.

140                    Hunter's Crossing                          Subject to the satisfaction of certain criteria, the Mortgage
                                                                  Loan documents allow members of the Mortgagor the right to pledge
                                                                  their interests in the Mortgagor to secure a mezzanine loan
                                                                  pursuant to the security instrument.

108                    Rancho Fiesto                              Subject to the satisfaction of certain conditions, transfers to
                                                                  affiliates and other entities or individuals are permitted
                                                                  pursuant to the Mortgage Loan documents.

131                    Westview Commons I                         Subject to the satisfaction of certain conditions, transfers to
                                                                  affiliates and other entities or individuals are permitted
                                                                  pursuant to the Mortgage Loan documents.

79                     Mission Eagle Point                        Subject to the satisfaction of certain conditions, transfers to
                                                                  affiliates and other entities or individuals are permitted
                                                                  pursuant to the Mortgage Loan documents.

23                     625 Broadway                               The direct owner of 100% of the Mortgagor has pledged its
                                                                  ownership interests in the Mortgagor to secure a mezzanine loan
                                                                  held by JPMorgan Chase Bank, N.A.  If such entity defaults on the
                                                                  mezzanine loan, the interests in such direct owner will be
                                                                  transferred to such mezzanine lender.

199                    Harbin Springs Apartments                  Subject to the satisfaction of certain criteria, the Mortgage
                                                                  Loan documents allow members of the Mortgagor the right to pledge
                                                                  their interests in the Mortgagor to secure a mezzanine loan
                                                                  pursuant to the security instrument.

168                    Ashley Furniture                           The direct owner of 100% of the Mortgagor has pledged its
                                                                  ownership interests in the Mortgagor to secure a mezzanine loan
                                                                  held by National Retail Properties, Inc.  If such entity defaults
                                                                  on the mezzanine loan, the interests in such direct owner will be
                                                                  transferred to such mezzanine lender.

158                    Academy Sports Round Rock                  Subject to the satisfaction of certain conditions, transfers to
                                                                  affiliates and other entities or individuals are permitted
                                                                  pursuant to the Mortgage Loan documents.

203                    Best Buy-Wichita Falls                     Subject to the satisfaction of certain conditions, transfers to
                                                                  affiliates and other entities or individuals are permitted
                                                                  pursuant to the Mortgage Loan documents.

39                     Carespring Portfolio                       Subject to the satisfaction of certain conditions, transfers to
                                                                  affiliates and other entities or individuals are permitted
                                                                  pursuant to the Mortgage Loan documents.

115                    Four Points by Sheraton                    Subject to the satisfaction of certain conditions, transfers to
                                                                  affiliates and other entities or individuals are permitted
                                                                  pursuant to the Mortgage Loan documents.

169                    The Farrington                             In conjunction with the Mortgagor financing the transfer and
                                                                  assumption of the Mortgage Loan and Mortgaged Property and
                                                                  subject to the satisfaction of certain other conditions, the
                                                                  Mortgagor has a one time right to incur additional debt secured
                                                                  by the Mortgaged Property.

134                    Shadow Oaks                                In conjunction with the Mortgagor financing the transfer and
                                                                  assumption of the Mortgage Loan and Mortgaged Property and
                                                                  subject to the satisfaction of certain other conditions, the
                                                                  Mortgagor has a one time right to incur additional debt secured
                                                                  by the Mortgaged Property.

141                    The Preakness                              In conjunction with the Mortgagor financing the transfer and
                                                                  assumption of the Mortgage Loan and Mortgaged Property and
                                                                  subject to the satisfaction of certain other conditions, the
                                                                  Mortgagor has a one time right to incur additional debt secured
                                                                  by the Mortgaged Property.

34                     Kenley Apartments                          In conjunction with the Mortgagor financing the transfer and
                                                                  assumption of the Mortgage Loan and Mortgaged Property and
                                                                  subject to the satisfaction of certain other conditions, the
                                                                  Mortgagor has a one time right to incur additional debt secured
                                                                  by the Mortgaged Property.

73                     Sandcastle Apartments                      In conjunction with the Mortgagor financing the transfer and
                                                                  assumption of the Mortgage Loan and Mortgaged Property and
                                                                  subject to the satisfaction of certain other conditions, the
                                                                  Mortgagor has a one time right to incur additional debt secured
                                                                  by the Mortgaged Property.

6                      Franklin Mills                             Subject to the satisfaction of certain conditions, transfers to
                                                                  affiliates and other entities or individuals are permitted
                                                                  pursuant to the Mortgage Loan documents.

                                                                  Subject to the satisfaction of certain criteria, the Mortgage
                                                                  Loan documents allow members of the Mortgagor the right to pledge
                                                                  their interests in the Mortgagor to secure a mezzanine loan
                                                                  pursuant to the security instrument.

26                     Greenway Station                           Subject to the satisfaction of certain conditions, transfers to
                                                                  affiliates and other entities or individuals are permitted
                                                                  pursuant to the Mortgage Loan documents.
</TABLE>

Representation #(33)

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
39                     Carespring Portfolio                       The Mortgaged Property secures the Mortgage Loan (consisting of a
                                                                  Fixed Rate A-1 Note), a Fixed Rate A-2 Note and a Fixed Rate A-3
                                                                  Note (each of which is pari passu with the Mortgage Loan and is
                                                                  not included in the trust fund).

6                      Franklin Mills                             The Mortgaged Property secures the Mortgage Loan (consisting of a
                                                                  Fixed Rate A-1 Note) and a Fixed Rate A-2 Note (which is pari
                                                                  passu with the Mortgage Loan and is not included in the trust
                                                                  fund).
</TABLE>

Representation #(35)

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
130                    Town Sports International - Newton, MA     The Mortgagor may obtain a release of an individual Mortgaged
                                                                  Property by substituting its interest in other properties as
                                                                  collateral during the term of the Mortgage Loan, subject to
                                                                  certain conditions as set forth in the related Mortgage Loan
                                                                  documents.

187                    Tramz Hampton Inn - Greensboro             The Tramz Hampton Inn - Greensboro Mortgage Loan, Tramz Hampton
                                                                  Inn - Greenville Mortgage Loan, Tramz Hampton Inn- Syracuse
                                                                  Mortgage Loan, Tramz Hampton Inn - Amarillo Mortgage Loan, Tramz
                                                                  Hampton Inn - Eden Prairie Mortgage Loan, Tramz Hampton Inn - San
                                                                  Antonio Mortgage Loan and Tramz Hampton Inn - Albuquerque
                                                                  Mortgage Loan are cross collateralized.  The Tramz Hampton Inn -
                                                                  Greensboro Mortgage Loan may be released from the cross
                                                                  collateralization provisions upon defeasance of an amount equal
                                                                  to 100% of the allocated loan amount.

160                    Tramz Hampton Inn - Greenville             The Tramz Hampton Inn - Greensboro Mortgage Loan, Tramz Hampton
                                                                  Inn - Greenville Mortgage Loan, Tramz Hampton Inn- Syracuse
                                                                  Mortgage Loan, Tramz Hampton Inn - Amarillo Mortgage Loan, Tramz
                                                                  Hampton Inn - Eden Prairie Mortgage Loan, Tramz Hampton Inn - San
                                                                  Antonio Mortgage Loan and Tramz Hampton Inn - Albuquerque
                                                                  Mortgage Loan are cross collateralized.  The Tramz Hampton Inn -
                                                                  Greenville Mortgage Loan may be released from the cross
                                                                  collateralization provisions upon defeasance of an amount equal
                                                                  to 100% of the allocated loan amount.

196                    Tramz Hampton Inn - Syracuse               The Tramz Hampton Inn - Greensboro Mortgage Loan, Tramz Hampton
                                                                  Inn - Greenville Mortgage Loan, Tramz Hampton Inn- Syracuse
                                                                  Mortgage Loan, Tramz Hampton Inn - Amarillo Mortgage Loan, Tramz
                                                                  Hampton Inn - Eden Prairie Mortgage Loan, Tramz Hampton Inn - San
                                                                  Antonio Mortgage Loan and Tramz Hampton Inn - Albuquerque
                                                                  Mortgage Loan are cross collateralized.  The Tramz Hampton Inn -
                                                                  Syracuse Mortgage Loan may be released from the cross
                                                                  collateralization provisions upon defeasance of an amount equal
                                                                  to 100% of the allocated loan amount.

167                    Tramz Hampton Inn - Amarillo               The Tramz Hampton Inn - Greensboro Mortgage Loan, Tramz Hampton
                                                                  Inn - Greenville Mortgage Loan, Tramz Hampton Inn- Syracuse
                                                                  Mortgage Loan, Tramz Hampton Inn - Amarillo Mortgage Loan, Tramz
                                                                  Hampton Inn - Eden Prairie Mortgage Loan, Tramz Hampton Inn - San
                                                                  Antonio Mortgage Loan and Tramz Hampton Inn - Albuquerque
                                                                  Mortgage Loan are cross collateralized.  The Tramz Hampton Inn -
                                                                  Amarillo Mortgage Loan may be released from the cross
                                                                  collateralization provisions upon defeasance of an amount equal
                                                                  to 120% of the allocated loan amount.  Of the 120%, 20% shall be
                                                                  used to partially defease the mortgage loan, that is still
                                                                  subject to the cross collateralization provisions, with the
                                                                  lowest debt service coverage ratio at the time of partial
                                                                  defeasance.

184                    Tramz Hampton Inn - Eden Prairie           The Tramz Hampton Inn - Greensboro Mortgage Loan, Tramz Hampton
                                                                  Inn - Greenville Mortgage Loan, Tramz Hampton Inn- Syracuse
                                                                  Mortgage Loan, Tramz Hampton Inn - Amarillo Mortgage Loan, Tramz
                                                                  Hampton Inn - Eden Prairie Mortgage Loan, Tramz Hampton Inn - San
                                                                  Antonio Mortgage Loan and Tramz Hampton Inn - Albuquerque
                                                                  Mortgage Loan are cross collateralized.  The Tramz Hampton Inn -
                                                                  Eden Prairie Mortgage Loan may be released from the cross
                                                                  collateralization provisions upon defeasance of an amount equal
                                                                  to 120% of the allocated loan amount.  Of the 120%, 20% shall be
                                                                  used to partially defease the mortgage loan, that is still
                                                                  subject to the cross collateralization provisions, with the
                                                                  lowest debt service coverage ratio at the time of partial
                                                                  defeasance.

177                    Tramz Hampton Inn - San Antonio            The Tramz Hampton Inn - Greensboro Mortgage Loan, Tramz Hampton
                                                                  Inn - Greenville Mortgage Loan, Tramz Hampton Inn- Syracuse
                                                                  Mortgage Loan, Tramz Hampton Inn - Amarillo Mortgage Loan, Tramz
                                                                  Hampton Inn - Eden Prairie Mortgage Loan, Tramz Hampton Inn - San
                                                                  Antonio Mortgage Loan and Tramz Hampton Inn - Albuquerque
                                                                  Mortgage Loan are cross collateralized.  The Tramz Hampton Inn -
                                                                  San Antonio Mortgage Loan may be released from the cross
                                                                  collateralization provisions upon defeasance of an amount equal
                                                                  to 120% of the allocated loan amount.  Of the 120%, 20% shall be
                                                                  used to partially defease the mortgage loan, that is still
                                                                  subject to the cross collateralization provisions, with the
                                                                  lowest debt service coverage ratio at the time of partial
                                                                  defeasance.

181                    Tramz Hampton Inn - Albuquerque            The Tramz Hampton Inn - Greensboro Mortgage Loan, Tramz Hampton
                                                                  Inn - Greenville Mortgage Loan, Tramz Hampton Inn- Syracuse
                                                                  Mortgage Loan, Tramz Hampton Inn - Amarillo Mortgage Loan, Tramz
                                                                  Hampton Inn - Eden Prairie Mortgage Loan, Tramz Hampton Inn - San
                                                                  Antonio Mortgage Loan and Tramz Hampton Inn - Albuquerque
                                                                  Mortgage Loan are cross collateralized.  The Tramz Hampton Inn -
                                                                  Albuquerque Mortgage Loan may be released from the cross
                                                                  collateralization provisions upon defeasance of an amount equal
                                                                  to 120% of the allocated loan amount.  Of the 120%, 20% shall be
                                                                  used to partially defease the mortgage loan, that is still
                                                                  subject to the cross collateralization provisions, with the
                                                                  lowest debt service coverage ratio at the time of partial
                                                                  defeasance.

31                     The Mill                                   Each of the planned community units at the Mortgaged Property may
                                                                  be released from the lien of the Mortgage upon defeasance of an
                                                                  amount equal to 115% of the allocated loan amount.

39                     Carespring Portfolio                       Each Carespring Portfolio property may be released from the lien
                                                                  of the Mortgage upon defeasance of an amount equal to 125% of the
                                                                  allocated loan amount; provided however, in the event a casualty
                                                                  affects the defeased property, the affected property may be
                                                                  released from the lien of the Mortgage upon defeasance of an
                                                                  amount equal to 110% of the allocated loan amount.
</TABLE>

Representation #(36)

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
131                    Westview Commons I                         Because the Mortgage Loan is structured for tax purposes as an
                                                                  IDOT, the indemnity guarantor of the IDOT owns the related
                                                                  Mortgaged Property instead of the related Mortgagor.

50                     Lee DeForest Drive Center                  Because the Mortgage Loan is structured for tax purposes as an
                                                                  IDOT, the indemnity guarantor of the IDOT owns the related
                                                                  Mortgaged Property instead of the related Mortgagor.
</TABLE>

Representation #(37)

<TABLE>
<CAPTION>
     Loan Number                       Loan Name                                       Description of Exception
<S>                    <C>                                        <C>
 5; 94; 216; 193; 73   5 Penn Plaza; Worthington on the           The respective Mortgaged Properties are legally nonconforming due
                       Beltway; Las Colinas Office; The           to deficient parking.
                       Executive Building - Cin. Oh; Sandcastle
                       Apartments
                                                                  The Mortgaged  Property is nonconforming  due to deficient parking
         242           1550 North Congress                        and a  density  violation;  however,  there  is law and  ordinance
                                                                  coverage.

                                                                  The Mortgaged  Property is illegally  nonconforming due to certain
         27            Brooklyn/Queens Industrial Portfolio       signs or  billboards  that do not comply  with  applicable  zoning
                                                                  laws.  However,  law and  ordinance  coverage  is in place and the
                                                                  mortgagee  has a  recourse  carveout  up to the  amount  of income
                                                                  attributable to the signs or billboards.
</TABLE>

Representation #(42)

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
108                    Rancho Fiesta                              Terrorism insurance premiums are capped at 200% of the cost of
                                                                  all-risk insurance.

27                     Brooklyn/Queens Industrial Portfolio       Terrorism insurance premiums are capped at $60,000 per year,
                                                                  subject to annual increases based on the Consumer Price Index.

23                     625 Broadway                               Terrorism insurance premiums are capped at $75,000 per year,
                                                                  subject to annual increases based on the Consumer Price Index.

215                    1140-1160 Parsippany Boulevard             Terrorism insurance premiums are capped at $15,000 per year,
                                                                  subject to annual increases based on the Consumer Price Index.

39                     Carespring Portfolio                       Terrorism insurance premiums are capped at $85,000 per year.

97                     Westwood Plaza                             Terrorism insurance premiums are capped at $27,000 per year.

211                    Pecan Manor                                Terrorism insurance premiums are capped at $10,000 per year.

201                    Winston Square                             Terrorism insurance premiums are capped at $11,000 per year.

155                    Spanish Spur                               Terrorism insurance premiums are capped at $15,000 per year.

169                    The Farrington                             Terrorism insurance premiums are capped at $5,500 per year.

134                    Shadow Oaks                                Terrorism insurance premiums are capped at $6,000 per year.

141                    The Preakness                              Terrorism insurance premiums are capped at $8,000 per year.

34                     Kenley Apartments                          Terrorism insurance premiums are capped at $30,000 per year.

73                     Sandcastle Apartments                      Terrorism insurance premiums are capped at $16,000 per year.

26                     Greenway Station                           Terrorism insurance premiums are capped at $115,000 per year,
                                                                  subject to annual increases based on the Consumer Price Index.
</TABLE>

Representation #(44)

<TABLE>
<CAPTION>
Loan Number            Loan Name                                  Description of Exception
<S>                    <C>                                        <C>
115                    Four Points by Sheraton                    At origination, the Mortgaged Property did not have a liquor
                                                                  license.  However, the Mortgage Loan documents require that a
                                                                  liquor license be obtained within 60 days of origination and in
                                                                  the event that the franchise agreement is terminated due to the
                                                                  Mortgagor's failure to obtain a liquor license, it creates a
                                                                  recourse obligation of the guarantors.
</TABLE>

<PAGE>

                                    EXHIBIT D

                          FORM OF OFFICER'S CERTIFICATE

            I, [______], a duly appointed, qualified and acting [______] of
[___________], a [________] [______] (the "Company"), hereby certify on behalf
of the Company as follows:

            1.____I have examined the Mortgage Loan Purchase Agreement, dated as
of July 1, 2007 (the "Agreement"), between the Company and J.P. Morgan Chase
Commercial Mortgage Securities Corp., and all of the representations and
warranties of the Company under the Agreement are true and correct in all
material respects on and as of the date hereof (or, in the case of any
particular representation or warranty set forth on Exhibit B to the Agreement,
as of such other date provided for in such representation or warranty) with the
same force and effect as if made on and as of the date hereof, subject to the
exceptions set forth in the Agreement (including Exhibit C thereto).

            2. The Company has complied with all the covenants and satisfied all
the conditions on its part to be performed or satisfied under the Agreement on
or prior to the date hereof and no event has occurred which, with notice or the
passage of time or both, would constitute a default under the Agreement.

            3. I have examined the information regarding the Mortgage Loans in
the Prospectus, dated March 9, 2007, as supplemented by the Prospectus
Supplement, dated June 28, 2007 (collectively, the "Prospectus"), relating to
the offering of the Class A-1, Class A-2, Class A-2FL, Class A-3, Class A-4,
Class A-SB, Class A-1A, Class X, Class A-M, Class A-J, Class B, Class C, Class
D, Class E and Class F Certificates, the Private Placement Memorandum, dated
June 28, 2007 (the "Privately Offered Certificate Private Placement
Memorandum"), relating to the offering of the Class G, Class H, Class J, Class
K, Class L, Class M, Class N, Class P, Class Q, Class T and Class NR
Certificates, and the Residual Private Placement Memorandum, dated June 28, 2007
(together with the Privately Offered Certificate Private Placement Memorandum,
the "Private Placement Memoranda"), relating to the offering of the Class R and
Class LR Certificates, and nothing has come to my attention that would lead me
to believe that the Prospectus, as of the date of the Prospectus Supplement or
as of the date hereof, or the Private Placement Memoranda, as of the date of the
Private Placement Memoranda or as of the date hereof, included or includes any
untrue statement of a material fact relating to the Mortgage Loans or omitted or
omits to state therein a material fact necessary in order to make the statements
therein relating to the Mortgage Loans, in light of the circumstances under
which they were made, not misleading.

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

                    [SIGNATURE APPEARS ON THE FOLLOWING PAGE]

<PAGE>

            IN WITNESS WHEREOF, I have signed my name this ___ day of July,
2007.

                                       By:____________________________________
                                          Name:
                                          Title:

<PAGE>

                                   SCHEDULE I

 MORTGAGE LOANS FOR WHICH A LENDER'S ENVIRONMENTAL POLICY WAS OBTAINED IN LIEU
                       OF AN ENVIRONMENTAL SITE ASSESSMENT

Reference is made to the Representations and Warranties set forth in Exhibit B
attached hereto corresponding to the Paragraph number set forth below.

None.

<PAGE>

                                   SCHEDULE II

                       MORTGAGED PROPERTY FOR WHICH OTHER
                      ENVIRONMENTAL INSURANCE IS MAINTAINED

Reference is made to the Representations and Warranties set forth in Exhibit B
attached hereto corresponding to the Paragraph numbers set forth below:

None.EXHIBIT 10.2

================================================================================

           J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.,

                                  PURCHASER

                       UBS REAL ESTATE SECURITIES INC.,

                                    SELLER

                       MORTGAGE LOAN PURCHASE AGREEMENT

                           Dated as of July 1, 2007

                          Fixed Rate Mortgage Loans

                              Series 2007-LDP11

================================================================================

<PAGE>

            This Mortgage Loan Purchase Agreement (this "Agreement"), dated
as of July 1, 2007, is between J.P. Morgan Chase Commercial Mortgage
Securities Corp., as purchaser (the "Purchaser"), and UBS Real Estate
Securities Inc., as seller (the "Seller").

            Capitalized terms used in this Agreement not defined herein shall
have the meanings ascribed to them in the Pooling and Servicing Agreement dated
as of July 1, 2007 (the "Pooling and Servicing Agreement") among the Purchaser,
as depositor (the "Depositor"), Wachovia Bank, National Association, as master
servicer (the "Master Servicer"), CWCapital Asset Management LLC, as special
servicer (the "Special Servicer"), and LaSalle Bank National Association, as
trustee (the "Trustee"), pursuant to which the Purchaser will sell the Mortgage
Loans (as defined herein) to a trust fund and certificates representing
ownership interests in the Mortgage Loans will be issued by the trust fund. For
purposes of this Agreement, the term "Mortgage Loans" refers to the mortgage
loans listed on Exhibit A and the term "Mortgaged Properties" refers to the
properties securing such Mortgage Loans.

            The Purchaser and the Seller wish to prescribe the manner of sale of
the Mortgage Loans from the Seller to the Purchaser and in consideration of the
premises and the mutual agreements hereinafter set forth, agree as follows:

            SECTION 1. Sale and Conveyance of Mortgages; Possession of Mortgage
File. Effective as of the Closing Date and upon receipt of the purchase price
set forth in the immediately succeeding paragraph, the Seller does hereby sell,
transfer, assign, set over and convey to the Purchaser, without recourse
(subject to certain agreements regarding servicing as provided in the Pooling
and Servicing Agreement, subservicing agreements permitted thereunder and that
certain Servicing Rights Purchase Agreement, dated as of the Closing Date
between the Master Servicer and the Seller) all of its right, title, and
interest in and to the Mortgage Loans including all interest and principal
received on or with respect to the Mortgage Loans after the Cut-off Date (other
than payments of principal and interest first due on the Mortgage Loans on or
before the Cut-off Date). Upon the sale of the Mortgage Loans, the ownership of
each related Mortgage Note, the Mortgage and the other contents of the related
Mortgage File will be vested in the Purchaser and immediately thereafter the
Trustee and the ownership of records and documents with respect to the related
Mortgage Loan prepared by or which come into the possession of the Seller (other
than the records and documents described in the proviso to Section 3(a) hereof)
shall immediately vest in the Purchaser and immediately thereafter the Trustee.
The Seller's records will accurately reflect the sale of each Mortgage Loan to
the Purchaser. The Depositor will sell the Class A-1, Class A-2, Class A-2FL,
Class A-3, Class A-4, Class A-SB, Class A-1A, Class X, Class A-M, Class A-J,
Class B, Class C, Class D, Class E and Class F Certificates (the "Offered
Certificates") to the underwriters (the "Underwriters") specified in the
underwriting agreement dated June 28, 2007 (the "Underwriting Agreement")
between the Depositor and J.P. Morgan Securities Inc. ("JPMSI") for itself and
as representative of the several underwriters identified therein, and the
Depositor will sell the Class G, Class H, Class J, Class K, Class L, Class M,
Class N, Class P, Class Q, Class T and Class NR Certificates (the "Private
Certificates") to JPMSI and UBS Securities LLC, the initial purchasers (together
with the Underwriters, the "Dealers") specified in the certificate purchase
agreement dated June 28, 2007 (the "Certificate Purchase Agreement"), between
the Depositor and JPMSI for itself and as representative of the initial
purchasers identified therein.

            The sale and conveyance of the Mortgage Loans is being conducted on
an arms length basis and upon commercially reasonable terms. As the purchase
price for the Mortgage Loans, the Purchaser shall pay to the Seller or at the
Seller's direction in immediately available funds the sum of $1,902,316,994.21
(which amount is inclusive of accrued interest and exclusive of the Seller's pro
rata share of the costs set forth in Section 9 hereof). The purchase and sale of
the Mortgage Loans shall take place on the Closing Date.

            SECTION 2. Books and Records; Certain Funds Received After the
Cut-off Date. From and after the sale of the Mortgage Loans to the Purchaser,
record title to each Mortgage and the related Mortgage Note shall be transferred
to the Trustee in accordance with this Agreement. Any funds due after the
Cut-off Date in connection with a Mortgage Loan received by the Seller shall be
held in trust for the benefit of the Trustee as the owner of such Mortgage Loan
and shall be transferred promptly to the Master Servicer. All scheduled payments
of principal and interest due on or before the Cut-off Date but collected after
the Cut-off Date, and recoveries of principal and interest collected on or
before the Cut-off Date (only in respect of principal and interest on the
Mortgage Loans due on or before the Cut-off Date and principal prepayments
thereon), shall belong to, and shall be promptly remitted to, the Seller.

            The transfer of each Mortgage Loan shall be reflected on the
Seller's balance sheets and other financial statements as a sale of the Mortgage
Loans by the Seller to the Purchaser. The Seller intends to treat the transfer
of each Mortgage Loan to the Purchaser as a sale for tax purposes.

            The transfer of each Mortgage Loan shall be reflected on the
Purchaser's balance sheets and other financial statements as a purchase of the
Mortgage Loans by the Purchaser from the Seller. The Purchaser intends to treat
the transfer of each Mortgage Loan from the Seller as a purchase for tax
purposes.

            SECTION 3. Delivery of Mortgage Loan Documents; Additional Costs and
Expenses. (a) The Purchaser hereby directs the Seller, and the Seller hereby
agrees, upon the transfer of the Mortgage Loans contemplated herein, to deliver
on the Closing Date to the Trustee or a Custodian appointed thereby, all
documents, instruments and agreements required to be delivered by the Purchaser
to the Trustee with respect to the Mortgage Loans under Sections 2.01(b) and
2.01(c) of the Pooling and Servicing Agreement, and meeting all the requirements
of such Sections 2.01(b) and 2.01(c), and such other documents, instruments and
agreements as the Purchaser or the Trustee shall reasonably request. In
addition, the Seller agrees to deliver or cause to be delivered to the Master
Servicer, the Servicing File for each Mortgage Loan transferred pursuant to this
Agreement; provided that the Seller shall not be required to deliver any draft
documents, or any attorney client communications which are privileged
communications or constitute legal or other due diligence analyses, or internal
communications of the Seller or its affiliates, or credit underwriting or other
analyses or data.

            (b) With respect to the transfer described in Section 1 hereof, if
the Mortgage Loan documents do not require the related Mortgagor to pay any
costs and expenses relating to any modifications to a related letter of credit
which modifications are required to effectuate such transfer (the "Transfer
Modification Costs"), then the Seller shall pay the Transfer Modification Costs
required to transfer the letter of credit to the Trustee as described in such
Section 1; provided that if the Mortgage Loan documents require the related
Mortgagor to pay any Transfer Modification Costs, such Transfer Modification
Costs shall be an expense of the Mortgagor unless such Mortgagor fails to pay
such Transfer Modification Costs after the Master Servicer has exercised all
remedies available under the Mortgage Loan documents to collect such Transfer
Modification Costs from such Mortgagor, in which case the Master Servicer shall
give the Seller notice of such failure and the amount of such Transfer
Modification costs and the Seller shall pay such Transfer Modification Costs.

            SECTION 4. Treatment as a Security Agreement. The Seller,
concurrently with the execution and delivery hereof, has conveyed to the
Purchaser, all of its right, title and interest in and to the Mortgage Loans.
The parties intend that such conveyance of the Seller's right, title and
interest in and to the Mortgage Loans pursuant to this Agreement shall
constitute a purchase and sale and not a loan. If such conveyance is deemed to
be a pledge and not a sale, then the parties also intend and agree that the
Seller shall be deemed to have granted, and in such event does hereby grant, to
the Purchaser, a first priority security interest in all of its right, title and
interest in, to and under the Mortgage Loans, all payments of principal or
interest on such Mortgage Loans due after the Cut-off Date, all other payments
made in respect of such Mortgage Loans after the Cut-off Date (except to the
extent such payments were due on or before the Cut-off Date) and all proceeds
thereof and that this Agreement shall constitute a security agreement under
applicable law. If such conveyance is deemed to be a pledge and not a sale, the
Seller consents to the Purchaser hypothecating and transferring such security
interest in favor of the Trustee and transferring the obligation secured thereby
to the Trustee.

            SECTION 5. Covenants of the Seller. The Seller covenants with the
Purchaser as follows:

            (a) it shall record or cause a third party to record in the
appropriate public recording office for real property the intermediate
assignments of the Mortgage Loans and the Assignments of Mortgage from the
Seller to the Trustee in connection with the Pooling and Servicing Agreement.
All recording fees relating to the initial recordation of such intermediate
assignments and Assignments of Mortgage shall be paid by the Seller;

            (b) it shall take any action reasonably required by the Purchaser,
the Trustee or the Master Servicer, in order to assist and facilitate in the
transfer of the servicing of the Mortgage Loans to the Master Servicer,
including effectuating the transfer of any letters of credit with respect to any
Mortgage Loan to the Trustee (in care of the Master Servicer) for the benefit of
Certificateholders. Prior to the date that a letter of credit, if any, with
respect to any Mortgage Loan is transferred to the Trustee (in care of the
Master Servicer), the Seller will cooperate with the reasonable requests of the
Master Servicer or Special Servicer, as applicable, in connection with
effectuating a draw under such letter of credit as required under the terms of
the related Mortgage Loan documents;

            (c) if, during such period of time after the first date of the
public offering of the Offered Certificates as in the opinion of counsel for the
Underwriters, a prospectus relating to the Offered Certificates is required by
applicable law to be delivered in connection with sales thereof by an
Underwriter or a Dealer, any event shall occur as a result of which it is
necessary to amend or supplement the Prospectus Supplement, including Annexes
A-1, A-2, A-3 and B thereto and the Diskette included therewith, with respect to
any information relating to the Mortgage Loans or the Seller, in order to make
the statements therein, in the light of the circumstances when the Prospectus
Supplement is delivered to a purchaser, not misleading, or if it is necessary to
amend or supplement the Prospectus Supplement, including Annexes A-1, A-2, A-3
and B thereto and the Diskette included therewith, with respect to any
information relating to the Mortgage Loans or the Seller, to comply with
applicable law, the Seller shall do all things necessary to assist the Depositor
to prepare and furnish, at the expense of the Seller (to the extent that such
amendment or supplement relates to the Seller, the Mortgage Loans listed on
Exhibit A and/or any information relating to the same, as provided by the
Seller), to the Underwriters such amendments or supplements to the Prospectus
Supplement as may be necessary, so that the statements in the Prospectus
Supplement as so amended or supplemented, including Annexes A-1, A-2, A-3 and B
thereto and the Diskette included therewith, with respect to any information
relating to the Mortgage Loans or the Seller, will not, in the light of the
circumstances when the Prospectus is so amended or supplemented, be misleading
or so that the Prospectus Supplement, including Annexes A-1, A-2, A-3 and B
thereto and the Diskette included therewith, with respect to any information
relating to the Mortgage Loans or the Seller, will comply with applicable law.
All terms used in this clause (c) and not otherwise defined herein shall have
the meaning set forth in the Indemnification Agreement, dated as of June 28,
2007 between the Purchaser and the Seller (the "Indemnification Agreement"); and

            (d) for so long as the Trust is subject to the reporting
requirements of the Exchange Act, the Seller shall provide the Purchaser (or
with respect to any Companion Loan related to a Serviced Whole Loan or any
Serviced Securitized Companion Loan that is deposited into an Other
Securitization or a Regulation AB Companion Loan Securitization, the depositor
in such Other Securitization or Regulation AB Companion Loan Securitization) and
the Trustee with any Additional Form 10-D Disclosure and any Additional Form
10-K Disclosure set forth next to the Purchaser's name (only with respect to
disclosure related to Items 1117 or 1119 of Regulation AB) on Schedule X and
Schedule Y of the Pooling and Servicing Agreement within the time periods set
forth in the Pooling and Servicing Agreement.

            SECTION 6. Representations and Warranties.

            (a) The Seller represents and warrants to the Purchaser as of the
Closing Date that:

            (i) it is a corporation, duly organized, validly existing and in
      good standing under the laws of the State of Delaware;

            (ii) it has the power and authority to own its property and to carry
      on its business as now conducted;

            (iii) it has the power to execute, deliver and perform this
      Agreement;

            (iv) it is legally authorized to transact business in the State of
      New York. The Seller is in compliance with the laws of each state in which
      any Mortgaged Property is located to the extent necessary so that a
      subsequent holder of the related Mortgage Loan (including, without
      limitation, the Purchaser) that is in compliance with the laws of such
      state would not be prohibited from enforcing such Mortgage Loan solely by
      reason of any non-compliance by the Seller;

            (v) the execution, delivery and performance of this Agreement by the
      Seller have been duly authorized by all requisite action by the Seller's
      board of directors and will not violate or breach any provision of its
      organizational documents;

            (vi) this Agreement has been duly executed and delivered by the
      Seller and constitutes a legal, valid and binding obligation of the
      Seller, enforceable against it in accordance with its terms (except as
      enforcement thereof may be limited by bankruptcy, receivership,
      conservatorship, reorganization, insolvency, moratorium or other laws
      affecting the enforcement of creditors' rights generally and by general
      equitable principles regardless of whether enforcement is considered in a
      proceeding in equity or at law);

            (vii) there are no legal or governmental proceedings pending to
      which the Seller is a party or of which any property of the Seller is the
      subject which, if determined adversely to the Seller, would reasonably be
      expected to adversely affect (A) the transfer of the Mortgage Loans and
      the Mortgage Loan documents as contemplated herein, (B) the execution and
      delivery by the Seller or enforceability against the Seller of the
      Mortgage Loans or this Agreement, or (C) the performance of the Seller's
      obligations hereunder;

            (viii) it has no actual knowledge that any statement, report,
      officer's certificate or other document prepared and furnished or to be
      furnished by the Seller in connection with the transactions contemplated
      hereby (including, without limitation, any financial cash flow models and
      underwriting file abstracts furnished by the Seller) contains any untrue
      statement of a material fact or omits to state a material fact necessary
      in order to make the statements contained therein, in the light of the
      circumstances under which they were made, not misleading;

            (ix) it is not, nor with the giving of notice or lapse of time or
      both would be, in violation of or in default under any indenture,
      mortgage, deed of trust, loan agreement or other agreement or instrument
      to which it is a party or by which it or any of its properties is bound,
      except for violations and defaults which individually and in the aggregate
      would not have a material adverse effect on the transactions contemplated
      herein; the sale of the Mortgage Loans and the performance by the Seller
      of all of its obligations under this Agreement and the consummation by the
      Seller of the transactions herein contemplated do not conflict with or
      result in a breach of any of the terms or provisions of, or constitute a
      default under, any material indenture, mortgage, deed of trust, loan
      agreement or other agreement or instrument to which the Seller is a party
      or by which the Seller is bound or to which any of the property or assets
      of the Seller is subject, nor will any such action result in any violation
      of the provisions of any applicable law or statute or any order, rule or
      regulation of any court or governmental agency or body having jurisdiction
      over the Seller, or any of its properties, except for conflicts, breaches,
      defaults and violations which individually and in the aggregate would not
      have a material adverse effect on the transactions contemplated herein;
      and no consent, approval, authorization, order, license, registration or
      qualification of or with any such court or governmental agency or body is
      required for the consummation by the Seller of the transactions
      contemplated by this Agreement, other than any consent, approval,
      authorization, order, license, registration or qualification that has been
      obtained or made;

            (x) it has either (A) not dealt with any Person (other than the
      Purchaser or the Dealers or their respective affiliates or any servicer of
      a Mortgage Loan) that may be entitled to any commission or compensation in
      connection with the sale or purchase of the Mortgage Loans or entering
      into this Agreement or (B) paid in full any such commission or
      compensation (except with respect to any servicer of a Mortgage Loan, any
      commission or compensation that may be due and payable to such servicer if
      such servicer is terminated and does not continue to act as a servicer);
      and

            (xi) it is solvent and the sale of the Mortgage Loans hereunder will
      not cause it to become insolvent; and the sale of the Mortgage Loans is
      not undertaken with the intent to hinder, delay or defraud any of the
      Seller's creditors.

            (b) The Purchaser represents and warrants to the Seller as of the
Closing Date that:

            (i) it is a corporation duly organized, validly existing, and in
      good standing in the State of Delaware;

            (ii) it is duly qualified as a foreign corporation in good standing
      in all jurisdictions in which ownership or lease of its property or the
      conduct of its business requires such qualification, except where the
      failure to be so qualified would not have a material adverse effect on the
      Purchaser, and the Purchaser is conducting its business so as to comply in
      all material respects with the applicable statutes, ordinances, rules and
      regulations of each jurisdiction in which it is conducting business;

            (iii) it has the power and authority to own its property and to
      carry on its business as now conducted;

            (iv) it has the power to execute, deliver and perform this
      Agreement, and neither the execution and delivery by the Purchaser of this
      Agreement, nor the consummation by the Purchaser of the transactions
      herein contemplated, nor the compliance by the Purchaser with the
      provisions hereof, will (A) conflict with or result in a breach of, or
      constitute a default under, any of the provisions of the certificate of
      incorporation or by-laws of the Purchaser or any of the provisions of any
      law, governmental rule, regulation, judgment, decree or order binding on
      the Purchaser or any of its properties, or any indenture, mortgage,
      contract or other instrument or agreement to which the Purchaser is a
      party or by which it is bound, or (B) result in the creation or imposition
      of any lien, charge or encumbrance upon any of the Purchaser's property
      pursuant to the terms of any such indenture, mortgage, contract or other
      instrument or agreement;

            (v) this Agreement constitutes a legal, valid and binding obligation
      of the Purchaser enforceable against it in accordance with its terms
      (except as enforcement thereof may be limited by (a) bankruptcy,
      receivership, conservatorship, reorganization, insolvency, moratorium or
      other laws affecting the enforcement of creditors' rights generally and
      (b) general equitable principles (regardless of whether enforcement is
      considered in a proceeding in equity or law));

            (vi) there are no legal or governmental proceedings pending to which
      the Purchaser is a party or of which any property of the Purchaser is the
      subject which, if determined adversely to the Purchaser, might interfere
      with or adversely affect the consummation of the transactions contemplated
      herein and in the Pooling and Servicing Agreement; to the best of the
      Purchaser's knowledge, no such proceedings are threatened or contemplated
      by any governmental authorities or threatened by others;

            (vii) it is not in default with respect to any order or decree of
      any court or any order, regulation or demand of any federal, state
      municipal or governmental agency, which default might have consequences
      that would materially and adversely affect the condition (financial or
      other) or operations of the Purchaser or its properties or might have
      consequences that would materially and adversely affect its performance
      hereunder;

            (viii) it has not dealt with any broker, investment banker, agent or
      other person, other than the Seller, the Dealers and their respective
      affiliates, that may be entitled to any commission or compensation in
      connection with the purchase and sale of the Mortgage Loans or the
      consummation of any of the transactions contemplated hereby;

            (ix) all consents, approvals, authorizations, orders or filings of
      or with any court or governmental agency or body, if any, required for the
      execution, delivery and performance of this Agreement by the Purchaser
      have been obtained or made; and

            (x) it has not intentionally violated any provisions of the United
      States Banking Secrecy Act, the United States Money Laundering Control Act
      of 1986 or the United States International Money Laundering Abatement and
      Anti-Terrorism Financing Act of 2001.

            (c) The Seller further makes the representations and warranties as
to the Mortgage Loans set forth in Exhibit B as of the Closing Date (or as of
such other date if specifically provided in the particular representation or
warranty), which representations and warranties are subject to the exceptions
thereto set forth in Exhibit C. Neither the delivery by the Seller of the
Mortgage Files, Servicing Files, or any other documents required to be delivered
under Section 2.01 of the Pooling and Servicing Agreement, nor the review
thereof or any other due diligence by the Trustee, any Master Servicer, the
Special Servicer, a Certificate Owner or any other Person shall relieve the
Seller of any liability or obligation with respect to any representation or
warranty or otherwise under this Agreement or constitute notice to any Person of
a Breach or Defect.

            (d) Pursuant to this Agreement or Section 2.03(b) of the Pooling and
Servicing Agreement, the Seller and the Purchaser shall be given notice of any
Breach or Defect that materially and adversely affects the value of any Mortgage
Loan, the value of the related Mortgaged Property or the interests of the
Trustee or any Certificateholder therein.

            (e) Upon notice pursuant to Section 6(d) above, the Seller shall,
not later than 90 days from the earlier of the Seller's receipt of the notice
or, in the case of a Defect or Breach 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 Regulation Section 1.860G-2(f)(2) that
causes a defective mortgage loan to be treated as a qualified mortgage, the
Seller's discovery of such Breach or Defect (the "Initial Resolution Period"),
(i) cure such Defect or Breach, as the case may be, in all material respects,
(ii) repurchase the affected Mortgage Loan at the applicable Repurchase Price
(as defined below) or (iii) substitute a Qualified Substitute Mortgage Loan (as
defined below) for such affected Mortgage Loan (provided that in no event shall
any such substitution occur later than the second anniversary of the Closing
Date) and pay the Master Servicer for deposit into the Certificate Account, any
Substitution Shortfall Amount (as defined below) in connection therewith;
provided, however, except with respect to a Defect resulting solely from the
failure by the Seller to deliver to the Trustee or Custodian the actual policy
of lender's title insurance required pursuant to clause (ix) of the definition
of Mortgage File by a date not later than 18 months following the Closing Date,
if such Breach or Defect is capable of being cured but is not cured within the
Initial Resolution Period, and the Seller has commenced and is diligently
proceeding with the cure of such Breach or Defect within the Initial Resolution
Period, the Seller shall have an additional 90 days commencing immediately upon
the expiration of the Initial Resolution Period (the "Extended Resolution
Period") to complete such cure (or, failing such cure, to repurchase the related
Mortgage Loan or substitute a Qualified Substitute Mortgage Loan as described
above); and provided, further, with respect to the Extended Resolution Period
the Seller shall have delivered an officer's certificate to the Rating Agencies,
the Master Servicer, the Special Servicer, the Trustee and the Directing
Certificateholder setting forth the reason such Breach or Defect is not capable
of being cured within the Initial Resolution Period and what actions the Seller
is pursuing in connection with the cure thereof and stating that the Seller
anticipates that such Breach or Defect will be cured within the Extended
Resolution Period. Notwithstanding the foregoing, any Defect or Breach which
causes any Mortgage Loan not to be a "qualified mortgage" (within the meaning of
Section 860G(a)(3) of the Code, without regard to the rule of Treasury
Regulations Section 1.860G-2(f)(2) which causes a defective mortgage loan to be
treated as a qualified mortgage) shall be deemed to materially and adversely
affect the interests of the holders of the Certificates therein, and such
Mortgage Loan shall be repurchased or a Qualified Substitute Mortgage Loan
substituted in lieu thereof without regard to the extended cure period described
in the preceding sentence. If the affected Mortgage Loan is to be repurchased,
the Seller shall remit the Repurchase Price (defined below) in immediately
available funds to the Trustee.

            If any Breach 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
Seller shall cure such Breach within the applicable cure period (as the same may
be extended) by reimbursing the Trust Fund (by wire transfer of immediately
available funds) the reasonable amount of any such costs and expenses incurred
by the Master Servicer, the Special Servicer, the Trustee or the Trust Fund that
are the basis of such Breach and have not been reimbursed by the related
Mortgagor; provided, however, in the event any such costs and expenses exceed
$10,000, the Seller shall have the option to either repurchase or substitute for
the related Mortgage Loan as provided above or pay such costs and expenses.
Except as provided in the proviso to the immediately preceding sentence, the
Seller shall remit the amount of such costs and expenses and upon its making
such remittance, the 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 Seller are subsequently obtained from the related Mortgagor, the portion of
the cure payment equal to such fees or expenses obtained from the Mortgagor
shall be returned to the Seller pursuant to Section 2.03(f) of the Pooling and
Servicing Agreement. Notwithstanding the foregoing, the sole remedy with respect
to any breach of the representation set forth in the second to last sentence of
clause (32) of Exhibit B hereto shall be payment by the Seller of such costs and
expenses without respect to the materiality of such breach.

            Any of the following will cause a document in the Mortgage File to
be deemed to have a Defect and to be conclusively presumed to materially and
adversely affect the interests of Certificateholders in a Mortgage Loan and to
be deemed to materially and adversely affect the interests of the
Certificateholders in and the value of a Mortgage Loan: (a) the absence from the
Mortgage File of the original signed Mortgage Note, unless the Mortgage File
contains a signed lost note affidavit and indemnity with a copy of the Mortgage
Note that appears to be regular on its face; (b) the absence from the Mortgage
File of the original signed Mortgage that appears to be regular on its face,
unless there is included in the Mortgage File a certified copy of the Mortgage
and a certificate stating that the original signed Mortgage was sent for
recordation; (c) the absence from the Mortgage File of the lender's title
insurance policy (or if the policy has not yet been issued, an original or copy
of a "marked up" written commitment or the pro-forma or specimen title insurance
policy or a commitment to issue the same pursuant to written escrow instructions
signed by the title insurance company) called for by clause (ix) of the
definition of "Mortgage File" in the Pooling and Servicing Agreement; (d) the
absence from the Mortgage File of any required letter of credit; (e) with
respect to any leasehold mortgage loan, the absence from the related Mortgage
File of a copy (or an original, if available) of the related Ground Lease; or
(f) the absence from the Mortgage File of any intervening assignments required
to create a complete chain of assignments to the Trustee on behalf of the Trust,
unless there is included in the Mortgage File a certified copy of the
intervening assignment and a certificate stating that the original intervening
assignments were sent for recordation; provided, however, no Defect (except the
Defects previously described in clauses (a) through (f)) shall be considered to
materially and adversely affect the value of any Mortgage Loan, the value of the
related Mortgaged Property, the interests of the Trustee therein or the
interests of any Certificateholder therein unless the document with respect to
which the Defect exists is required in connection with an imminent enforcement
of the Mortgagee's rights or remedies under the related Mortgage Loan, defending
any claim asserted by any borrower or third party with respect to the Mortgage
Loan, establishing the validity or priority of any lien on any collateral
securing the Mortgage Loan or for any immediate significant servicing
obligation. Notwithstanding the foregoing, the delivery of executed escrow
instructions or a commitment to issue a lender's title insurance policy, as
provided in clause (ix) of the definition of "Mortgage File" in the Pooling and
Servicing Agreement, in lieu of the delivery of the actual policy of lender's
title insurance, shall not be considered a Defect or Breach with respect to any
Mortgage File if such actual policy is delivered to the Trustee or its Custodian
within 18 months after the Closing Date.

            If (i) any Mortgage Loan is required to be repurchased or
substituted for in the manner described in the first paragraph of this Section
6(e), (ii) such Mortgage Loan is a Crossed Loan, and (iii) the applicable Defect
or Breach does not constitute a Defect or Breach, as the case may be, as to any
other Crossed Loan in such Crossed Group (without regard to this paragraph),
then the applicable Defect or Breach, as the case may be, will be deemed to
constitute a Defect or Breach, as the case may be, as to each other Crossed Loan
in the Crossed Group for purposes of this paragraph, and the Seller will be
required to repurchase or substitute for all of the remaining Crossed Loans in
the related Crossed Group as provided in the first paragraph of this Section
6(e) unless such other Crossed Loans in such Crossed Group satisfy the Crossed
Loan Repurchase Criteria, and the Mortgage Loan affected by the applicable
Defect or Breach and the Qualified Substitute Mortgage Loan, if any, satisfy all
other criteria for repurchase or substitution, as applicable, of Mortgage Loans
set forth herein. In the event that the remaining Crossed Loans satisfy the
aforementioned criteria, the Seller may elect either to repurchase or substitute
for only the affected Crossed Loan as to which the related Breach or Defect
exists or to repurchase or substitute for all of the Crossed Loans in the
related Crossed Group. The Seller shall be responsible for the cost of any
Appraisal required to be obtained by the Master Servicer to determine if the
Crossed Loan Repurchase Criteria have been satisfied, so long as the scope and
cost of such Appraisal has been approved by the Seller (such approval not to be
unreasonably withheld).

            To the extent that the Seller is required to repurchase or
substitute for a Crossed Loan hereunder in the manner prescribed above while the
Trustee continues to hold any other Crossed Loans in such Crossed Group, neither
the Seller nor the Trustee shall enforce any remedies against the other's
Primary Collateral, but each is permitted to exercise remedies against the
Primary Collateral securing its respective Crossed Loans, including with respect
to the Trustee, the Primary Collateral securing Crossed Loans still held by the
Trustee.

            If the exercise of remedies by one party would materially impair the
ability of the other party to exercise its remedies with respect to the Primary
Collateral securing the Crossed Loans held by such party, then the Seller and
the Trustee shall forbear from exercising such remedies until the Mortgage Loan
documents evidencing and securing the relevant Crossed Loans can be modified in
a manner that removes the threat of material impairment as a result of the
exercise of remedies or some other accommodation can be reached. Any reserve or
other cash collateral or letters of credit securing the Crossed Loans shall be
allocated between such Crossed Loans in accordance with the Mortgage Loan
documents, or otherwise on a pro rata basis based upon their outstanding Stated
Principal Balances. Notwithstanding the foregoing, if a Crossed Loan that
remains in the Trust Fund is modified to terminate the related cross
collateralization and/or cross default provisions, as a condition to such
modification, the Seller shall furnish to the Trustee an Opinion of Counsel that
any modification shall not cause an Adverse REMIC Event. Any expenses incurred
by the Purchaser in connection with such modification or accommodation
(including but not limited to recoverable attorney fees) shall be paid by the
Seller.

            The "Repurchase Price" with respect to any Mortgage Loan or REO Loan
to be repurchased pursuant to this Agreement and Section 2.03 of the Pooling and
Servicing Agreement, shall have the meaning given to the term "Purchase Price"
in the Pooling and Servicing Agreement.

            A "Qualified Substitute Mortgage Loan" with respect to any Mortgage
Loan or REO Loan to be substituted pursuant to this Agreement and Section 2.03
of the Pooling and Servicing Agreement, shall have the meaning given to such
term in the Pooling and Servicing Agreement.

            A "Substitution Shortfall Amount" with respect to any Mortgage Loan
or REO Loan to be substituted pursuant to this Agreement and Section 2.03 of the
Pooling and Servicing Agreement, shall have the meaning given to such term in
the Pooling and Servicing Agreement.

            In connection with any repurchase or substitution of one or more
Mortgage Loans contemplated hereby, (i) the Purchaser shall execute and deliver,
or cause the execution and delivery of, such endorsements and assignments,
without recourse, as shall be necessary to vest in the Seller the legal and
beneficial ownership of each repurchased Mortgage Loan or replaced Mortgage
Loan, as applicable, (ii) the Purchaser shall deliver, or cause the delivery, to
the Seller of all portions of the Mortgage File and other documents (including
the Servicing File) pertaining to such Mortgage Loan possessed by the Trustee,
or on the Trustee's behalf, and (iii) the Purchaser shall release, or cause to
be released, to the Seller any escrow payments and reserve funds held by the
Trustee, or on the Trustee's behalf, in respect of such repurchased or replaced
Mortgage Loans.

            (f) The representations and warranties of the parties hereto shall
survive the execution and delivery and any termination of this Agreement and
shall inure to the benefit of the respective parties, notwithstanding any
restrictive or qualified endorsement on the Mortgage Notes or assignment of
Mortgage or the examination of the Mortgage Files.

            (g) Each party hereby agrees to promptly notify the other party of
any Breach of a representation or warranty contained in this Section 6. The
Seller's obligation to cure any Breach or Defect or repurchase or substitute for
the affected Mortgage Loan pursuant to Section 6(e) herein shall constitute the
sole remedy available to the Purchaser in connection with a Breach or Defect
(subject to the last sentence of the second paragraph of Section 6(e)). It is
acknowledged and agreed that the representations and warranties are being made
for risk allocation purposes only; provided, however, no limitation of remedy is
implied with respect to the Seller's breach of its obligation to cure,
repurchase or substitute in accordance with the terms and conditions of this
Agreement.

            SECTION 7. Conditions to Closing. The obligations of the Purchaser
to purchase the Mortgage Loans shall be subject to the satisfaction, on or prior
to the Closing Date, of the following conditions:

            (a) Each of the obligations of the Seller required to be performed
by it at or prior to the Closing Date pursuant to the terms of this Agreement
shall have been duly performed and complied with and all of the representations
and warranties of the Seller under this Agreement shall be true and correct in
all material respects as of the Closing Date, and no event shall have occurred
as of the Closing Date which, with notice or passage of time, would constitute a
default under this Agreement, and the Purchaser shall have received a
certificate to the foregoing effect signed by an authorized officer of the
Seller substantially in the form of Exhibit D.

            (b) The Purchaser shall have received the following additional
closing documents:

            (i) copies of the Seller's certificate of incorporation and by-laws,
      certified as of a recent date by the Secretary or Assistant Secretary of
      the Seller;

            (ii) an original or copy of a certificate of good standing of the
      Seller issued by the Secretary of the State of Delaware dated not earlier
      than sixty days prior to the Closing Date;

            (iii) an opinion of counsel of the Seller, in form and substance
      satisfactory to the Purchaser and its counsel, substantially to the effect
      that:

                  (A) the Seller is a corporation, duly organized, validly
            existing and in good standing under the laws of the State of
            Delaware;

                  (B) the Seller has the power to conduct its business as now
            conducted and to incur and perform its obligations under this
            Agreement and the Indemnification Agreement;

                  (C) all necessary corporate or other action has been taken by
            the Seller to authorize the execution, delivery and performance of
            this Agreement and the Indemnification Agreement by the Seller and
            this Agreement is a legal, valid and binding agreement of the Seller
            enforceable against the Seller, whether such enforcement is sought
            in a procedure at law or in equity, except to the extent such
            enforcement may be limited by bankruptcy or other similar creditors'
            laws or principles of equity and public policy considerations
            underlying the securities laws, to the extent that such public
            policy considerations limit the enforceability of the provisions of
            the Agreement which purport to provide indemnification with respect
            to securities law violations;

                  (D) the Seller's execution and delivery of, and the Seller's
            performance of its obligations under, each of this Agreement and the
            Indemnification Agreement do not and will not conflict with the
            Seller's articles of association or by-laws or conflict with or
            result in the breach of any of the terms or provisions of, or
            constitute a default under, any indenture, mortgage, deed of trust,
            loan agreement or other material agreement or instrument to which
            the Seller is a party or by which the Seller is bound, or to which
            any of the property or assets of the Seller is subject or violate
            any provisions of law or conflict with or result in the breach of
            any order of any court or any governmental body binding on the
            Seller;

                  (E) there is no litigation, arbitration or mediation pending
            before any court, arbitrator, mediator or administrative body, or to
            such counsel's actual knowledge, threatened, against the Seller
            which (i) questions, directly or indirectly, the validity or
            enforceability of this Agreement or the Indemnification Agreement or
            (ii) would, if decided adversely to the Seller, either individually
            or in the aggregate, reasonably be expected to have a material
            adverse effect on the ability of the Seller to perform its
            obligations under this Agreement or the Indemnification Agreement;
            and

                  (F) no consent, approval, authorization, order, license,
            registration or qualification of or with federal court or
            governmental agency or body is required for the consummation by the
            Seller of the transactions contemplated by this Agreement and the
            Indemnification Agreement, except such consents, approvals,
            authorizations, orders, licenses, registrations or qualifications as
            have been obtained; and

            (iv) a letter from counsel of the Seller to the effect that nothing
      has come to such counsel's attention that would lead such counsel to
      believe that the Prospectus Supplement as of the date thereof or as of the
      Closing Date contains, with respect to the Seller or the Mortgage Loans,
      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 Seller
      or the Mortgage Loans, in the light of the circumstances under which they
      were made, not misleading.

            (c) The Offered Certificates shall have been concurrently issued and
sold pursuant to the terms of the Underwriting Agreement. The Private
Certificates shall have been concurrently issued and sold pursuant to the terms
of the Certificate Purchase Agreement.

            (d) The Seller shall have executed and delivered concurrently
herewith the Indemnification Agreement.

            (e) The Seller shall furnish the Purchaser with such other
certificates of its officers or others and such other documents and opinions to
evidence fulfillment of the conditions set forth in this Agreement as the
Purchaser and its counsel may reasonably request.

            SECTION 8. Closing. The closing for the purchase and sale of the
Mortgage Loans shall take place at the office of Cadwalader, Wickersham & Taft
LLP, Charlotte, North Carolina, at 10:00 a.m., on the Closing Date or such other
place and time as the parties shall agree. The parties hereto agree that time is
of the essence with respect to this Agreement.

            SECTION 9. Expenses. The Seller will pay its pro rata share (the
Seller's pro rata share to be determined according to the percentage that the
aggregate principal balance as of the Cut-off Date of all the Mortgage Loans
represents in proportion to the aggregate principal balance as of the Cut-off
Date of all the mortgage loans to be included in the Trust Fund) of all costs
and expenses of the Purchaser in connection with the transactions contemplated
herein, including (without duplication thereof), but not limited to: (i) the
costs and expenses of the Purchaser in connection with the purchase of the
Mortgage Loans and other 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 fees, costs and expenses of the Trustee and its counsel incurred in
connection with the Trustee entering into the Pooling and Servicing Agreement;
(iv) the fees and disbursements of a firm of certified public accountants
selected by the Purchaser and the Seller with respect to numerical information
in respect of the Mortgage Loans, other mortgage loans and the Certificates
included in the Prospectus, the Memoranda (as defined in the Indemnification
Agreement) and the Term Sheet (as defined in the Indemnification Agreement), or
items similar to the Term Sheet, including the cost of obtaining any "comfort
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 the Registration Statement, Prospectus
and Memoranda, and the reproduction and delivery of this Agreement and the
furnishing to the Underwriters of such copies of the Registration Statement,
Prospectus, Memoranda and this Agreement as the Underwriters may reasonably
request; (viii) the fees of the rating agency or agencies requested to rate the
Certificates and (ix) the reasonable fees and expenses of Thacher Proffitt &
Wood LLP, counsel to the Underwriters, and Cadwalader, Wickersham & Taft LLP,
counsel to the Depositor.

            SECTION 10. Severability of Provisions. If any one or more of the
covenants, agreements, provisions or terms of this Agreement shall be for any
reason whatsoever held invalid, then such covenants, agreements, provisions or
terms shall be deemed severable from the remaining covenants, agreements,
provisions or terms of this Agreement and shall in no way affect the validity or
enforceability of the other provisions of this Agreement. Furthermore, the
parties shall in good faith endeavor to replace any provision held to be invalid
or unenforceable with a valid and enforceable provision which most closely
resembles, and which has the same economic effect as, the provision held to be
invalid or unenforceable.

            SECTION 11. Governing Law. This Agreement shall be construed in
accordance with the laws of the State of New York without regard to conflicts of
law principles and the obligations, rights and remedies of the parties hereunder
shall be determined in accordance with such laws.

            SECTION 12. No Third Party Beneficiaries. The parties do not intend
the benefits of this Agreement to inure to any third party except as expressly
set forth in Section 13.

            SECTION 13. Assignment. The Seller hereby acknowledges that the
Purchaser has, concurrently with the execution hereof, executed and delivered
the Pooling and Servicing Agreement and that, in connection therewith, it has
assigned its rights hereunder to the Trustee for the benefit of the
Certificateholders to the extent set forth in the Pooling and Servicing
Agreement and that the rights so assigned may be further assigned to, and shall
inure to the benefit of, any successor trustee under the Pooling and Servicing
Agreement. The Seller hereby acknowledges its obligations (subject to the
provisions hereof), including that of expense reimbursement, pursuant to
Sections 2.01, 2.02 and 2.03 of the Pooling and Servicing Agreement. Except as
set forth hereinabove and in Sections 2.01, 2.02 and 2.03 of the Pooling and
Servicing Agreement, the representations and warranties of the Seller made
hereunder and the remedies provided hereunder with respect to Breaches or
Defects may not be further assigned by the Purchaser, the Trustee or any
successor trustee. No owner of a Certificate issued pursuant to the Pooling and
Servicing Agreement shall be deemed a successor or permitted assign because of
such ownership. This Agreement shall bind and inure to the benefit of, and be
enforceable by, the Seller, the Purchaser and their permitted successors and
permitted assigns. The warranties and representations and the agreements made by
the Seller herein shall survive delivery of the Mortgage Loans to the Trustee
until the termination of the Pooling and Servicing Agreement.

            SECTION 14. Notices. All demands, notices and communications
hereunder shall be in writing and shall be deemed to have been duly given upon
receipt by the intended recipient if personally delivered at or couriered, sent
by facsimile transmission or mailed by first class or registered mail, postage
prepaid, to (i) in the case of the Purchaser, J.P. Morgan Chase Commercial
Mortgage Securities Corp., 270 Park Avenue, New York, New York 10017, Attention:
Dennis Schuh, fax number (212) 834-6593 with a copy to Bianca Russo, fax number
(212) 834-6593, (ii) in the case of the Seller, UBS Real Estate Securities Inc.,
1285 Avenue of the Americas, New York, New York 10019, Attention: Mark Green,
fax number (212) 713-1050 and Attention: Jeffrey N. Lavine, fax number (212)
713-4062 and (iii) in the case of any of the preceding parties, such other
address or fax number as may hereafter be furnished to the other party in
writing by such party.

            SECTION 15. Amendment. This Agreement may be amended only by a
written instrument which specifically refers to this Agreement and is executed
by the Purchaser and the Seller; provided, however, unless such amendment is to
cure an ambiguity, mistake or inconsistency in this Agreement, no amendment
shall be permitted unless each Rating Agency has delivered a written
confirmation that such amendment will not result in a downgrade, withdrawal or
qualification of the then current ratings of the Certificates and the cost of
obtaining any Rating Agency confirmation shall be borne by the party requesting
such amendment. This Agreement shall not be deemed to be amended orally or by
virtue of any continuing custom or practice. No amendment to the Pooling and
Servicing Agreement which relates to defined terms contained therein or any
obligations of the Seller whatsoever shall be effective against the Seller
unless the Seller shall have agreed to such amendment in writing.

            SECTION 16. Counterparts. This Agreement may be executed in any
number of counterparts, and by the parties hereto in separate counterparts, each
of which when executed and delivered shall be deemed to be an original and all
of which taken together shall constitute one and the same instrument.

            SECTION 17. Exercise of Rights. No failure or delay on the part of
any party to exercise any right, power or privilege under this Agreement and no
course of dealing between the Seller and the Purchaser shall operate as a waiver
thereof, nor shall any single or partial exercise of any right, power or
privilege under this Agreement preclude any other or further exercise thereof or
the exercise of any other right, power or privilege. Except as set forth in
Section 6 herein, the rights and remedies herein expressly provided are
cumulative and not exclusive of any rights or remedies which any party would
otherwise have pursuant to law or equity. Except as set forth in Section 6
herein, no notice to or demand on any party in any case shall entitle such party
to any other or further notice or demand in similar or other circumstances, or
constitute a waiver of the right of either party to any other or further action
in any circumstances without notice or demand.

            SECTION 18. No Partnership. Nothing herein contained shall be deemed
or construed to create a partnership or joint venture between the parties
hereto. Nothing herein contained shall be deemed or construed as creating an
agency relationship between the Purchaser and the Seller and neither party shall
take any action which could reasonably lead a third party to assume that it has
the authority to bind the other party or make commitments on such party's
behalf.

            SECTION 19. Miscellaneous. This Agreement supersedes all prior
agreements and understandings relating to the subject matter hereof. Neither
this Agreement nor any term hereof may be changed, waived, discharged or
terminated orally, but only by an instrument in writing signed by the party
against whom enforcement of the change, waiver, discharge or termination is
sought.

                                 * * * * * *
<PAGE>

            IN WITNESS WHEREOF, the Purchaser and the Seller have caused their
names to be signed hereto by their respective officers thereunto duly authorized
as of the day and year first above written.

                                       J.P. MORGAN CHASE COMMERCIAL MORTGAGE
                                          SECURITIES CORP., as Purchaser

                                       By:____________________________________
                                          Name:
                                          Title:

                                       UBS REAL ESTATE SECURITIES INC., as
                                          Seller

                                       By:____________________________________
                                          Name:
                                          Title:

                                       By:____________________________________
                                          Name:
                                          Title:

<PAGE>

                                  EXHIBIT A

                            MORTGAGE LOAN SCHEDULE

JPMCC 2007-LDP11
Mortgage Loan Schedule (Combined)

<TABLE>
<CAPTION>

Loan #   Originator   Mortgagor Name                            Property Address                    City                   State
------   ----------   ---------------------------------------   ---------------------------------   --------------------   -------
<S>      <C>          <C>                                       <C>                                 <C>                    <C>
                      Denver EPA OC, LLC; Lenexa FDA OC,
                      LLC; Buffalo NY SSA, LLC; Acquest
                      Government Leases, LLC; Pittsburgh
                      Martinsburg IRS OC, LLC; Mineral Wells
   1            UBS   BPD OC, LLC; Parkersburg BPD OC, LLC      Various                             Various                Various
   3            UBS   315 Park Ave S, LLC                       315 Park Avenue South               New York                  NY
   4            UBS   RMP Properties, LLC                       Various                             Various                   CA
                      Oxford Jacksonville Riverfront Hotel,
   7            UBS   LLC                                       225 Coast Line Drive East           Jacksonville              FL
                      Art Mortgage Borrower Propco 2006-1C
                      L.P.; Art Mortgage Borrower Opco
   8            UBS   2006-1C L.P.                              Various                             Various                Various
   14           UBS   Ormonde Equities LLC                      2030 Broadway                       New York                  NY
   15           UBS   Centennial Hotel Company, LLC             267 Marietta Street                 Atlanta                   GA
   17           UBS   The Electra 91 LLC                        1753 1st Avenue                     New York                  NY
   19           UBS   G & L Realty Delaware LLC                 175 West 72nd St                    New York                  NY
                      VR Landings at Brentwood Limited
   21           UBS   Partnership                               1505 The Landings Drive             Franklin                  TN
   29           UBS   West Ohio II, L.L.C.                      101 and 151 West Ohio Street        Indianapolis              IN
   30           UBS   CityView Plaza, LLC                       36-46 33rd Street                   Long Island City          NY
                      Burlington Woods Hotel Trust, u/d/t
   33           UBS   dated December 26, 1979                   One Mall Road                       Burlington                MA
   37           UBS   Integrated Capital - Bakersfield LLC      3100 Camino Del Rio Court           Bakersfield               CA
   40           UBS   APF Emeryville Ownco LLC                  1800 Powell Street                  Emeryville                CA
   44           UBS   Venice Villages Shoppes, L.L.C.           4105 South Tamiami Trail            Venice                    FL
   46           UBS   South Side House LLC                      98-106 South 4th Street             Brooklyn                  NY
   52           UBS   15-17 Park Avenue Delaware LLC            15-17 Park Avenue                   New York                  NY
   54           UBS   429-441 86th Street LLC                   429 86th Street                     Brooklyn                  NY
   61           UBS   Palm Garden Properties, LLC               3399 PGA Blvd                       Palm Beach Gardens        FL
   63           UBS   Elo Realty Corp.                          42 West 48th Street                 New York                  NY
   69           UBS   Totten Pond Investors - 400, LLC          400-1 and 400-2 Totten Pond Road    Waltham                   MA
   70           UBS   Huntington Woods, LLC                     698-708 Bridgeport Avenue           Shelton                   CT
                      Fulton Franklin EM LLC, Fulton
   75           UBS   Franklin MB LLC, Fulton Franklin SB LLC   Various                             Hempstead                 NY
   77           UBS   147-25 Northern Associates, L.L.C.        147-25 Northern Blvd                Flushing                  NY
   78           UBS   CMS Waters Edge, L.P.                     2220 Gloria Circle                  Pensacola                 FL
                      VR Park at Waterford Limited
   82           UBS   Partnership                               1420 Marina Bay Drive               Kemah                     TX
   85           UBS   TCP Owner, LLC                            Various                             Hyattsville               MD
   88           UBS   AMP Capital UCC Orlando Property LLC      3501 Quadrangle Boulevard           Orlando                   FL
   93           UBS   UCM/Ackerman-Highlands Overlook, LLC      5000 Highlands Parkway              Smyrna                    GA
   96           UBS   Gramkat LTD                               12835 Preston Road                  Dallas                    TX
  106           UBS   Overlook Group LLC                        251 O'Connor Ridge Blvd             Irving                    TX
  110           UBS   Laurel Hill LLC                           46-01 67th Street                   Woodside                  NY
  116           UBS   Ash 49, LLC                               525 West 49th Street                New York                  NY
  117           UBS   7250 South Cicero Equities LLC            7250 South Cicero Avenue            Bedford Park              IL
  120           UBS   SMGB 185 Great Neck, LLC                  185 Great Neck Road                 Great Neck                NY
  128           UBS   Corona Apartments LLC                     112-22 37th Avenue                  Corona                    NY
  150           UBS   22 Chelsea Properties, LLC                22 West 23rd Street                 New York                  NY
  154           UBS   8888 Northern Blvd. Corp.                 82-06 Northern Blvd                 Jackson Heights           NY
                      ACV RAD NNN, LLC; MDS LHS, LLC; TTM
  175           UBS   LHS, LLC                                  Various                             Various                Various
  176           UBS   WRT-1050 Corporetum Property LLC          1050 Warrenvile Road                Lisle                     IL
  180           UBS   Sherington Hemet SPE, LLC                 2375-2465 West Florida Avenue       Hemet                     CA
  198           UBS   ATMF V Duluth LLC                         1201 Miller Trunk Road              Duluth                    MN
  202           UBS   Tamiami South Storage L.P.                17625 South Tamiami Trail           Fort Myers                FL
  207           UBS   ATMF V Colorado, LLC                      7443 West Chatfield Avenue          Littleton                 CO
  208           UBS   Ritten Properties, LLC                    1513 Walnut Street                  Philadelphia              PA
  217           UBS   Rocar Morehead City, LLC                  2202 Arendell Street                Morehead                  NC
  220           UBS   AFWW French Place LP                      109 W French Place                  San Antonio               TX
  222           UBS   Douglasville Storage L.P.                 7454 Douglas Blvd                   Douglasville              GA
  223           UBS   Fetter Memphis LLC                        3100 Thomas Street                  Memphis                   TN
                      ACV RAD Westover, LLC, MDS Westover,
  228           UBS   LLC, TTM Westover, LLC                    405 Fairmont Rd                     Westover                  WV
  232           UBS   Rocar - Lancaster, LLC                    1101 Hwy 9 Bypass West              Lancaster                 SC
  233           UBS   Rocar - Mocksville LLC                    901 Yadkinville Road                Mocksville                NC
                      ACV RAD Chester, LLC, MDS Chester,
  238           UBS   LLC, TTM Chester, LLC                     200 Weir Place                      Chester                   VA
  239           UBS   389 Knickerbocker Avenue LLC              389 Knickerbocker Avenue            Brooklyn                  NY
                      ACV RAD Emporium, LLC, MDS Emporium,
  243           UBS   LLC, TTM Emporium, LLC                    620 Allegheny Avenue                Emporium                  PA
                      ACV North Richland Hills Pads, LLC,
                      GJS North Richland Hills Pads, LLC,
  245           UBS   ELLDIN North Richland Hills Pads, LLC     Various                             North Richland Hills      TX
  266           UBS   Belle Pointe, LLC                         810 S Pokegama Ave                  Grand Rapids              MN

<CAPTION>

                                                                                                   Interest   Net Mortgage
Loan #   Zip Code   County          Property Name                          Size      Measure       Rate (%)   Interest Rate
------   --------   -------------   ------------------------------------   -------   -----------   --------   -------------
<S>      <C>        <C>             <C>                                    <C>       <C>           <C>        <C>
     1   Various    Various         GSA Portfolio                          1101778   Square Feet    6.22500         6.20466
     3      10010   New York        315 Park Avenue South                   333641   Square Feet    5.82447         5.80413
     4   Various    Various         Save Mart Portfolio                    1611853   Square Feet    5.62000         5.59966
     7      32202   Duval           Hyatt Regency - Jacksonville               966   Rooms          6.01400         5.99366
     8   Various    Various         Americold Portfolio                    1373997   Square Feet    5.43350         5.41316
    14      10023   New York        2030 Broadway                              153   Units          5.50650         5.48616
    15      30313   Fulton          Embassy Suites Atlanta                     321   Rooms          5.67500         5.65466
    17      10128   New York        The Electra Apartments                     166   Units          5.57600         5.55566
    19      10023   New York        175 West 72nd St                           133   Units          5.65950         5.63916
    21      37027   Williamson      The Landings of Brentwood Apartments       724   Units          5.71750         5.69716
    29      46204   Marion          101 West Ohio Street                    339878   Square Feet    5.68800         5.66766
    30      11106   Queens          36-46 33rd Street                       189779   Square Feet    5.55250         5.53216
    33      01803   Middlesex       Burlington Marriott                        418   Rooms          5.76100         5.74066
    37      93308   Kern            Doubletree Bakersfield                     262   Rooms          6.26400         6.24366
    40      94608   Alameda         Hilton Garden Inn - Emeryville             278   Rooms          5.74300         5.72266
    44      34293   Sarasota        Venice Shoppes                          174930   Square Feet    5.58440         5.56406
    46      11211   Kings           Rocket Lofts                                75   Units          5.57500         5.55466
    52      10016   New York        15-17 Park Avenue                           99   Units          5.39500         5.37466
    54      11209   Kings           439 86th Street                          27200   Square Feet    5.82200         5.80166
    61      33410   Palm Beach      PGA Financial Plaza                      72350   Square Feet    5.50500         5.48466
    63      10036   New York        42 West 48th Street                      59816   Square Feet    5.66500         5.64466
    69      02451   Middlesex       400-1 / 400-2 Totten Pond               154659   Square Feet    5.62500         5.60466
    70      06484   Fairfield       Center at Split Rock                     82841   Square Feet    5.60000         5.57966
    75      11550   Nassau          Hempstead Retail                         89420   Square Feet    5.98000         5.95966
    77      11354   Queens          147-25 Northern Boulevard                  147   Units          5.46000         5.43966
    78      32514   Escambia        Sweetwater Apartments                      184   Units          5.50700         5.44666
    82      77565   Galveston       Park at Waterford Harbor                   200   Units          5.52000         5.49966
    85      20783   Prince George   Hyattsville Portfolio                      229   Units          5.70100         5.68066
    88      32817   Orange          University Corporate Center One         123044   Square Feet    5.48500         5.46466
    93      30082   Cobb            Highlands Overlook                      246176   Square Feet    5.61000         5.58966
    96      75275   Dallas          Preston Valley Center                    75798   Square Feet    5.67400         5.65366
   106      75038   Dallas          The Overlook at Las Colinas              95510   Square Feet    5.78400         5.76366
   110      11377   Queens          46-01 67th Street                          111   Units          5.46000         5.43966
   116      10019   New York        525 West 49th Street                        45   Units          5.65500         5.63466
   117      60629   Cook            Bedford Park Shoppes                     34213   Square Feet    5.54000         5.51966
   120      11021   Nassau          185 Great Neck Road                      40143   Square Feet    5.79200         5.77166
   128      11368   Queens          Corona Apartments                           93   Units          5.46000         5.43966
   150      10010   New York        22 West 23rd Street                      16316   Square Feet    5.98100         5.96066
   154      11372   Queens          82-06 Northern Boulevard                 37400   Square Feet    5.46000         5.43966
   175   Various    Various         Rite Aid Portfolio                       40337   Square Feet    6.11700         6.09666
   176      60532   DuPage          1050 Warrenvile Road                     53982   Square Feet    5.55000         5.52966
   180      92544   Riverside       Hemet Retail Center                      19174   Square Feet    5.95000         5.92966
   198      55811   St. Louis       Walgreens - Duluth                       14490   Square Feet    5.68650         5.66616
   202      33908   Lee             Metro Self Storage - Fort Myers            652   Units          5.63200         5.61166
   207      80128   Jefferson       Walgreens - Littleton                    14820   Square Feet    5.68650         5.66616
   208      19102   Philadelphia    Brooks Brothers Walnut Street            14100   Square Feet    6.06600         6.04566
   217      28557   Carteret        Walgreens - Morehead                     14490   Square Feet    5.70000         5.67966
   220      78212   Bexar           French Place Apartments                     84   Units          5.70500         5.68466
   222      30125   Douglas         Metro Self Storage - Douglasville          489   Units          5.58000         5.55966
   223      38127   Shelby          Walgreens Memphis                        14710   Square Feet    5.68000         5.65966
   228      26501   Monongalia      Rite Aid - Westover                      14708   Square Feet    6.11700         6.09666
   232      29710   Lancaster       Walgreens - Lancaster                    14820   Square Feet    5.70000         5.67966
   233      27028   Davie           Walgreens - Mocksville                   14820   Square Feet    5.70000         5.67966
   238      23831   Chesterfield    Rite Aid - Chester                       14704   Square Feet    6.11700         6.09666
   239      11237   Kings           389 Knickerbocker Avenue                  5736   Square Feet    6.12500         6.10466
   243      15834   Cameron         Rite Aid - Emporium                      11253   Square Feet    6.11700         6.09666
   245      76180   Tarrant         North Richland Hills Portfolio           15683   Square Feet    5.70000         5.67966
   266      55744   Itasca          Arby's - Grand Rapids                     4796   Square Feet    5.75000         5.72966

<CAPTION>

         Original      Cutoff               Rem.   Maturity/   Amort.   Rem.     Monthly        Servicing   Accrual      ARD
Loan #   Balance       Balance       Term   Term   ARD Date    Term     Amort.   Debt Service   Fee Rate    Type        (Y/N)
------   -----------   -----------   ----   ----   ---------   ------   ------   ------------   ---------   ----------   ---
<S>      <C>           <C>           <C>    <C>    <C>         <C>      <C>      <C>            <C>         <C>          <C>
     1   284,000,000   284,000,000     61     58   05/09/12         0        0      1,493,712     0.02000   Actual/360   No
     3   219,000,000   219,000,000     60     59   06/09/12         0        0      1,077,729     0.02000   Actual/360   No
     4   210,000,000   209,064,838    120    117   04/09/17       300      297      1,304,676     0.02000   Actual/360   No
     7   150,000,000   150,000,000    120    119   06/10/17         0        0        762,191     0.02000   Actual/360   No
     8   115,300,000   115,300,000    120    113   12/11/16         0        0        529,320     0.02000   Actual/360   No
    14    80,000,000    80,000,000    120    117   04/10/17         0        0        372,199     0.02000   Actual/360   No
    15    80,000,000    80,000,000     60     57   04/10/12         0        0        383,588     0.02000   Actual/360   No
    17    66,000,000    66,000,000    120    117   04/10/17         0        0        310,939     0.02000   Actual/360   No
    19    62,500,000    62,500,000    120    117   04/10/17         0        0        298,860     0.02000   Actual/360   No
    21    59,100,000    59,100,000    120    118   05/10/17         0        0        285,498     0.02000   Actual/360   No
    29    45,000,000    45,000,000    120    118   05/09/17         0        0        216,263     0.02000   Actual/360   No
    30    42,000,000    42,000,000    120    117   04/09/17         0        0        197,037     0.02000   Actual/360   No
    33    37,000,000    37,000,000    120    119   06/09/17         0        0        180,098     0.02000   Actual/360   No
    37    35,000,000    35,000,000     60     59   06/10/12       360      360        215,820     0.02000   Actual/360   No
    40    33,963,000    33,963,000     60     59   06/10/12         0        0        164,799     0.02000   Actual/360   No
    44    30,000,000    30,000,000    120    118   05/09/17         0        0        141,549     0.02000   Actual/360   No
    46    29,000,000    29,000,000    120    118   05/10/17         0        0        136,600     0.02000   Actual/360   No
    52    26,000,000    26,000,000     60     59   06/10/12         0        0        118,515     0.02000   Actual/360   No
    54    24,000,000    24,000,000    120    117   04/10/17         0        0        118,057     0.02000   Actual/360   No
    61    20,700,000    20,700,000    120    118   05/09/17         0        0         96,280     0.02000   Actual/360   No
    63    20,000,000    20,000,000    120    119   06/09/17         0        0         95,728     0.02000   Actual/360   No
    69    18,100,000    18,100,000     60     54   01/10/12         0        0         86,022     0.02000   Actual/360   No
    70    18,000,000    18,000,000    120    119   06/09/17         0        0         85,167     0.02000   Actual/360   No
    75    16,250,000    16,250,000    120    119   06/09/17         0        0         82,104     0.02000   Actual/360   No
    77    15,350,000    15,350,000    120    118   05/09/17         0        0         70,813     0.02000   Actual/360   No
    78    15,300,000    15,300,000     84     81   04/09/14         0        0         71,189     0.06000   Actual/360   No
    82    15,000,000    15,000,000    120    117   04/10/17         0        0         69,958     0.02000   Actual/360   No
    85    14,000,000    14,000,000     84     82   05/09/14         0        0         67,435     0.02000   Actual/360   No
    88    13,000,000    13,000,000     60     56   03/09/12         0        0         60,246     0.02000   Actual/360   No
    93    12,250,000    12,250,000     60     56   03/09/12         0        0         58,064     0.02000   Actual/360   No
    96    12,000,000    12,000,000    120    118   05/09/17       360      360         69,450     0.02000   Actual/360   No
   106    10,000,000    10,000,000     60     56   03/09/12         0        0         48,869     0.02000   Actual/360   No
   110     9,350,000     9,350,000    120    118   05/09/17         0        0         43,133     0.02000   Actual/360   No
   116     9,000,000     9,000,000    120    119   06/09/17         0        0         43,002     0.02000   Actual/360   No
   117     8,950,000     8,950,000    120    119   06/09/17         0        0         41,893     0.02000   Actual/360   No
   120     8,800,000     8,800,000    120    118   05/09/17         0        0         43,065     0.02000   Actual/360   No
   128     8,000,000     8,000,000    120    118   05/09/17         0        0         36,906     0.02000   Actual/360   No
   150     6,540,000     6,540,000    120    119   06/09/17         0        0         33,049     0.02000   Actual/360   No
   154     6,375,000     6,375,000    120    118   05/09/17         0        0         29,409     0.02000   Actual/360   No
   175     5,704,000     5,704,000    120    116   03/10/17         0        0         29,480     0.02000   Actual/360   No
   176     5,600,000     5,600,000    120    116   03/09/17       360      360         31,972     0.02000   Actual/360   No
   180     5,250,000     5,250,000    120    119   06/09/17         0        0         26,031     0.02000   30/360       No
   198     4,800,000     4,800,000    120    117   04/09/17         0        0         23,062     0.02000   Actual/360   No
   202     4,600,000     4,600,000    120    118   05/09/17         0        0         21,889     0.02000   Actual/360   No
   207     4,330,000     4,330,000    120    117   04/09/17         0        0         20,804     0.02000   Actual/360   No
   208     4,275,000     4,275,000    120    119   06/09/17       360      360         25,812     0.02000   Actual/360   No
   217     3,800,000     3,800,000    121    117   04/09/17         0        0         18,301     0.02000   Actual/360   No
   220     3,720,000     3,720,000    120    116   03/09/17         0        0         17,931     0.02000   Actual/360   No
   222     3,616,000     3,616,000    120    116   03/09/17         0        0         17,048     0.02000   Actual/360   No
   223     3,535,000     3,528,063    120    118   05/09/17       360      358         20,472     0.02000   Actual/360   No
   228     3,215,000     3,215,000    120    116   03/10/17         0        0         16,616     0.02000   Actual/360   No
   232     2,900,000     2,900,000    121    117   04/09/17         0        0         13,966     0.02000   Actual/360   No
   233     2,800,000     2,800,000    121    117   04/09/17         0        0         13,485     0.02000   Actual/360   No
   238     2,627,000     2,627,000    120    116   03/10/17         0        0         13,577     0.02000   Actual/360   No
   239     2,600,000     2,600,000    120    119   06/09/17         0        0         13,455     0.02000   Actual/360   No
   243     2,454,000     2,454,000    120    116   03/10/17         0        0         12,683     0.02000   Actual/360   No
   245     2,050,000     2,050,000    120    117   04/10/17         0        0          9,873     0.02000   Actual/360   No
   266     1,000,000     1,000,000    120    118   05/09/17         0        0          4,858     0.02000   Actual/360   No
<CAPTION>

                                                       Originator/
Loan #   ARD Step Up (%)   Title Type   Crossed Loan   Loan Seller   Guarantor
------   ---------------   ----------   -----------    -----------   -----------------------------------------------------------
<S>      <C>               <C>          <C>            <C>           <C>
    1                           Fee                        UBS       Record Realty (US) LLC
    1                           Fee                        UBS       Record Realty (US) LLC
    3                           Fee                        UBS       Craig Nassi
    4                           Fee                        UBS       Standiford Partners, LLC
                                                                     Oxford Lodging Advisory & Investment Group, LLC, Marathon
                                                                     Real Estate Opportunity Fund, LLC, Square Mile Partners
    7                           Fee                        UBS       II LP
    8                           Fee                        UBS       Americold Realty Trust
    14                          Fee                        UBS       Kayvan Hakim
    15                          Fee                        UBS       David C. Marvin
    17                          Fee                        UBS       Alex Forkosh
    19                          Fee                        UBS       Arnold Goldstein, Michael Laub
    21                          Fee                        UBS       Andrew Stewart, John Foresi
    29                          Fee                        UBS       Gerald M. Marshall, Stephen J. Gleason
    30                          Fee                        UBS       Efstathios Valiotis
    33                          Fee                        UBS       William G. Finard, Caroline G. Mugar, David G. Mugar
    37                          Fee                        UBS       IC Investment Fund I GP, LLC
    40                          Fee                        UBS       The RIM Corporation
    44                          Fee                        UBS       Barry Rudofsky
    46                          Fee                        UBS       Menachem Stark, Israel Perlmutter
    52                          Fee                        UBS       Arnold Goldstein
    54                          Fee                        UBS       Jeff Sutton
    61                          Fee                        UBS       Charles M. Bayer, Jr.
    63                          Fee                        UBS       Jack Elo
    69                          Fee                        UBS       Berwind Property Group, Ltd., Berwind Property Group, Inc.
    70                          Fee                        UBS       Monty Blakeman
    75                          Fee                        UBS       Shlomo Bakhash, Moris Bakhash, Ezra Marshaal
    77                          Fee                        UBS       Show Lain C. Cheng
    78                          Fee                        UBS       CMS Private REIT Master Subpartnership, L.P
    82                          Fee                        UBS       Andrew Stewart, John Foresi
                                                                     Darryl J. Shrock, Bruce W. Hurd, Brett E. Summers, James
    85                          Fee                        UBS       Anderson
    88                          Fee                        UBS       AMP Capital UCC Orlando Property LLC
    93                          Fee                        UBS       UCM/Ackerman-Highlands Overlook, LLC
    96                          Fee                        UBS       William K. Wells
   106                          Fee                        UBS       Sina Mahfar
   110                          Fee                        UBS       Show Lain C. Cheng
   116                          Fee                        UBS       Alan Sackman and James F. Hefelfinger
   117                          Fee                        UBS       Francis Greenburger
   120                          Fee                        UBS       Sina Mahfar
   128                          Fee                        UBS       Show Lain C. Cheng
   150                          Fee                        UBS       Aron Rosenberg and Michael Rosenberg
   154                          Fee                        UBS       Show Lain C. Cheng
   175                       Leasehold                     UBS       David R. Grieve
   176                          Fee                        UBS       WRT Realty L.P.
   180                          Fee                        UBS       Azam Sher
                                                                     Michael D. Gorge, Frederick S. Goldberg, Tom J. Goldberg,
   198                          Fee                        UBS       Arnold M. Jacob
   202                          Fee                        UBS       Metro JV Fund II LLC
                                                                     Michael D. Gorge, Frederick S. Goldberg, Tom J. Goldberg,
   207                          Fee                        UBS       Arnold M. Jacob
   208                          Fee                        UBS       Marvin Welsch
   217                          Fee                        UBS       Howard Cohen
   220                          Fee                        UBS       Wayne Weaver
   222                          Fee                        UBS       Metro JV Fund II LLC
   223                          Fee                        UBS       Joseph Fetter
   228                          Fee                        UBS       David R. Grieve
   232                          Fee                        UBS       Howard Cohen
   233                          Fee                        UBS       Howard Cohen
   238                          Fee                        UBS       David R. Grieve
   239                          Fee                        UBS       Jeff Sutton
   243                          Fee                        UBS       David R. Grieve
   245                          Fee                        UBS       David R. Grieve
   266                          Fee                        UBS       Sina Mahfar

<CAPTION>

                                                                   UPFRONT ESCROW
                     ---------------------------------------------------------------------------------------------------------------
         Letter      Upfront CapEx    Upfront        Upfront Envir.   Upfront TI/LC   Upfront RE      Upfront Ins.    Upfront Other
Loan #   of Credit   Reserve          Eng. Reserve   Reserve          Reserve         Tax Reserve     Reserve         Reserve
-------  ---------   --------------   ------------   --------------   --------------  --------------  --------------  --------------
<S>      <C>         <C>              <C>            <C>              <C>             <C>             <C>             <C>
    1       No                 0.00       7,250.00             0.00             0.00      417,364.27       51,827.23      400,000.00
    3       No         2,605,482.00     256,000.00             0.00     4,000,000.00    1,588,929.50      206,245.00    5,000,000.00
    4       No                 0.00           0.00             0.00             0.00            0.00            0.00            0.00
    7       No                 0.00           0.00             0.00             0.00      454,310.82            0.00            0.00
    8       No                 0.00           0.00             0.00             0.00            0.00            0.00            0.00
    14      No                 0.00           0.00             0.00             0.00      332,315.33            0.00      367,100.00
    15      No                 0.00           0.00             0.00             0.00            0.00            0.00            0.00
    17      No                 0.00           0.00             0.00             0.00      110,162.00       45,461.57            0.00
    19      No                 0.00           0.00             0.00             0.00      528,702.00            0.00            0.00
    21      No         4,200,000.00           0.00             0.00             0.00      209,770.75            0.00            0.00
    29      No             4,248.48       3,375.00             0.00        22,500.00      461,153.00            0.00            0.00
    30      No                 0.00           0.00             0.00             0.00       73,899.84            0.00            0.00
    33      No                 0.00           0.00             0.00             0.00            0.00            0.00
    37      No                 0.00     429,875.00             0.00             0.00            0.00            0.00            0.00
    40      No                 0.00           0.00             0.00             0.00       55,898.48      148,528.37            0.00
    44      No             3,055.57           0.00        10,000.00         7,275.17      142,579.06      155,198.35            0.00
    46      No                 0.00           0.00       125,000.00             0.00       32,421.25       30,695.78            0.00
    52      No                 0.00           0.00             0.00             0.00      349,401.50            0.00            0.00
    54      No                 0.00           0.00             0.00       451,562.00       79,685.00        1,291.67      548,438.00
    61      No                 0.00           0.00             0.00       700,000.00            0.00      730,000.00            0.00
    63      No                 0.00           0.00             0.00             0.00      260,753.50            0.00            0.00
    69      No                 0.00     125,500.00             0.00             0.00      156,112.00            0.00    1,300,000.00
    70      No             1,035.51           0.00             0.00             0.00       18,223.33        9,124.49      589,766.81
    75      No             1,140.34           0.00             0.00       175,000.00      146,069.25       13,355.00            0.00
    77      No                 0.00           0.00             0.00             0.00      115,052.50            0.00            0.00
    78      No           253,833.33      28,750.00             0.00             0.00       97,991.42       84,333.33            0.00
    82      No           640,000.00           0.00             0.00             0.00       78,988.60            0.00            0.00
    85      No             4,770.83           0.00             0.00             0.00       79,350.67        4,648.83      112,950.00
    88      No                 0.00           0.00             0.00             0.00            0.00            0.00            0.00
    93      No             3,077.20           0.00             0.00        10,257.33       71,134.62        8,298.00            0.00
    96      No               947.48           0.00             0.00         4,737.38      114,583.33       27,287.33       35,594.50
   106      No               795.92       6,250.00             0.00         3,979.58       57,500.00        3,337.73            0.00
   110      No                 0.00           0.00             0.00             0.00       62,741.67            0.00            0.00
   116      No                 0.00           0.00             0.00             0.00      134,094.50       41,646.92            0.00
   117      No               285.32           0.00             0.00             0.00       23,440.20        6,974.67      200,000.00
   120      No               510.00     106,260.00             0.00         1,701.00       22,563.00        2,139.00            0.00
   128      No                 0.00           0.00             0.00             0.00       39,045.42            0.00            0.00
   150      No               271.78           0.00             0.00       130,000.00       40,034.50        4,490.67            0.00
   154      No                 0.00           0.00        25,000.00             0.00       35,214.17            0.00            0.00
   175      No                 0.00           0.00             0.00             0.00            0.00            0.00            0.00
   176      No                 0.00      48,750.00             0.00     1,648,121.00       58,333.33        4,368.66      730,115.19
   180      No                 0.00           0.00             0.00             0.00        2,131.09       10,184.00            0.00
   198      No                 0.00           0.00             0.00             0.00            0.00            0.00            0.00
   202      No                 0.00           0.00             0.00             0.00       34,767.00            0.00            0.00
   207      No                 0.00           0.00             0.00             0.00            0.00            0.00            0.00
   208      No                 0.00           0.00             0.00             0.00            0.00            0.00            0.00
   217      No                 0.00           0.00             0.00             0.00            0.00            0.00            0.00
   220      No           250,000.00           0.00             0.00             0.00       21,297.90       23,295.80            0.00
   222      No                 0.00           0.00             0.00             0.00       11,879.58            0.00            0.00
   223      No                 0.00           0.00             0.00             0.00            0.00            0.00            0.00
   228      No                 0.00           0.00             0.00             0.00            0.00            0.00            0.00
   232      No                 0.00           0.00             0.00             0.00            0.00            0.00            0.00
   233      No                 0.00           0.00             0.00             0.00            0.00            0.00            0.00
   238      No                 0.00           0.00             0.00             0.00            0.00            0.00            0.00
   239      No                64.20           0.00             0.00           625.00        7,562.00        1,068.33            0.00
   243      No                 0.00           0.00             0.00             0.00            0.00            0.00            0.00
   245      No                 0.00           0.00             0.00             0.00            0.00            0.00            0.00
   266      No                 0.00       2,875.00             0.00             0.00            0.00            0.00            0.00

<CAPTION>

                                                 MONTHLY ESCROW
         -------------------------------------------------------------------------------------------
         Monthly Capex   Monthly Envir.   Monthly TI/LC   Monthly RE    Monthly        Monthly          Grace    Lockbox
Loan #   Reserve         Reserve          Reserve         Tax Reserve   Ins. Reserve   Other Reserve    Period   In-place
------   -------------   --------------   -------------   -----------   ------------   -------------    ------   --------
<S>      <C>             <C>              <C>             <C>           <C>            <C>              <C>      <C>
     1            0.00             0.00            0.00     181013.17       32480.93            0.00         0   Yes
     3         5560.68             0.00            0.00     264821.58       17187.08            0.00         0   Yes
     4            0.00             0.00            0.00          0.00           0.00            0.00         0   Yes
     7            0.00             0.00            0.00     113577.70           0.00            0.00         0   Yes
     8            0.00             0.00            0.00                         0.00            0.00         0   Yes
    14            0.00             0.00            0.00      83078.83       17436.19            0.00         0   No
    15            0.00             0.00            0.00          0.00           0.00            0.00         0   No
    17            0.00             0.00            0.00      27540.50        5051.29            0.00         0   No
    19            0.00             0.00            0.00     132175.50           0.00            0.00         0   No
    21        15083.33             0.00            0.00      69923.58           0.00            0.00         0   No
    29         4248.48             0.00        22500.00      65879.00           0.00            0.00         0   Yes
    30         3162.98             0.00            0.00      18474.96           0.00            0.00         0   No
    33            0.00             0.00            0.00          0.00           0.00            0.00         0   No
    37            0.00             0.00            0.00          0.00           0.00            0.00         0   No
    40            0.00             0.00            0.00      27949.24       18566.05            0.00         0   Yes
    44         3055.57             0.00         7275.17      23763.18       31039.67            0.00         0   No
    46            0.00             0.00            0.00       6484.25        3634.83            0.00         0   No
    52            0.00             0.00            0.00      58233.58           0.00            0.00         0   No
    54            0.00             0.00            0.00      19921.25        1291.67            0.00         0   Yes
    61            0.00             0.00            0.00          0.00           0.00            0.00         0   Yes
    63            0.00             0.00            0.00      43458.92           0.00            0.00         0   No
    69            0.00             0.00            0.00      52037.33           0.00            0.00         0   No
    70         1035.51             0.00            0.00      18223.33        1140.56            0.00         0   No
    75         1140.34             0.00            0.00      35210.08        4943.24            0.00         0   No
    77         3104.17             0.00            0.00      23010.50           0.00            0.00         0   No
    78         3833.33             0.00            0.00      19598.28        8433.33            0.00         0   No
    82         3750.00             0.00            0.00      26329.53           0.00            0.00         0   No
    85         4770.83             0.00            0.00       9918.83        4648.83            0.00         0   No
    88            0.00             0.00            0.00          0.00           0.00            0.00         0   No
    93         3077.20             0.00        10257.33      11855.77        2766.00            0.00         0   No
    96          947.48             0.00         4737.38      22916.67        2480.07            0.00         0   No
   106            0.00             0.00                      19166.67        1668.86            0.00         0   No
   110         2312.50             0.00            0.00      12548.33           0.00            0.00         0   No
   116            0.00             0.00            0.00      22349.08        1262.03            0.00         0   No
   117          285.32             0.00            0.00      14166.67         871.83            0.00         0   Yes
   120          510.00             0.00         1701.00      22563.00        2138.67            0.00         0   Yes
   128         1937.50             0.00            0.00       7809.08           0.00            0.00         0   No
   150          271.78             0.00            0.00       6672.42                        2245.33         0   No
   154          633.33             0.00            0.00       7042.83           0.00            0.00         0   No
   175            0.00             0.00            0.00          0.00           0.00            0.00         0   Yes
   176          899.70             0.00            0.00       8333.33        1092.16            0.00         0   No
   180            0.00             0.00          798.92       2131.09         848.67            0.00         0   No
   198            0.00             0.00            0.00          0.00           0.00            0.00         0   No
   202            0.00             0.00            0.00       5794.50           0.00            0.00         0   No
   207            0.00             0.00            0.00          0.00           0.00            0.00         0   No
   208            0.00             0.00            0.00          0.00           0.00            0.00         0   Yes
   217            0.00             0.00            0.00          0.00           0.00            0.00         0   No
   220            0.00             0.00            0.00       7099.30           0.00            0.00         0   No
   222            0.00             0.00            0.00       2375.92           0.00            0.00         0   No
   223            0.00             0.00            0.00          0.00           0.00            0.00         0   No
   228            0.00             0.00            0.00          0.00           0.00            0.00         0   Yes
   232            0.00             0.00            0.00          0.00           0.00            0.00         0   No
   233            0.00             0.00            0.00          0.00           0.00            0.00         0   No
   238            0.00             0.00            0.00          0.00           0.00            0.00         0   Yes
   239           64.20             0.00          625.00       1260.33         115.00            0.00         0   Yes
   243            0.00             0.00            0.00          0.00           0.00            0.00         0   Yes
   245            0.00             0.00            0.00          0.00           0.00            0.00         0   No
   266            0.00             0.00            0.00          0.00           0.00            0.00         0   No
<CAPTION>

                                                                    Remaining
                                                                    Amortization
                                    Interest             Final      Term for
         Property      Defeasance   Accrual      Loan    Maturity   Balloon
Loan #   Type          Permitted    Period       Group   Date       Loans
------   -----------   ----------   ----------   -----   --------   ------------
<S>      <C>           <C>          <C>          <C>     <C>        <C>
     1   Office        Yes          Actual/360       1
     3   Office        Yes          Actual/360       1
     4   Retail        No           Actual/360       1                       300
     7   Hotel         Yes          Actual/360       1
     8   Industrial    Yes          Actual/360       1
    14   Multifamily   Yes          Actual/360       2
    15   Hotel         No           Actual/360       1
    17   Multifamily   Yes          Actual/360       2
    19   Multifamily   Yes          Actual/360       2
    21   Multifamily   Yes          Actual/360       2
    29   Office        Yes          Actual/360       1
    30   Office        Yes          Actual/360       1
    33   Hotel         No           Actual/360       1
    37   Hotel         Yes          Actual/360       1                       360
    40   Hotel         Yes          Actual/360       1
    44   Retail        Yes          Actual/360       1
    46   Multifamily   Yes          Actual/360       2
    52   Multifamily   Yes          Actual/360       2
    54   Retail        Yes          Actual/360       1
    61   Office        Yes          Actual/360       1
    63   Office        Yes          Actual/360       1
    69   Office        No           Actual/360       1
    70   Retail        Yes          Actual/360       1
    75   Retail        Yes          Actual/360       1
    77   Multifamily   Yes          Actual/360       2
    78   Multifamily   No           Actual/360       2
    82   Multifamily   Yes          Actual/360       2
    85   Multifamily   Yes          Actual/360       2
    88   Office        No           Actual/360       1
    93   Office        No           Actual/360       1
    96   Retail        Yes          Actual/360       1                       360
   106   Office        Yes          Actual/360       1
   110   Multifamily   Yes          Actual/360       2
   116   Multifamily   No           Actual/360       2
   117   Retail        Yes          Actual/360       1
   120   Office        Yes          Actual/360       1
   128   Multifamily   Yes          Actual/360       2
   150   Office        Yes          Actual/360       1
   154   Retail        Yes          Actual/360       1
   175   Retail        Yes          Actual/360       1
   176   Office        Yes          Actual/360       1                       360
   180   Retail        Yes          30/360           1
   198   Retail        Yes          Actual/360       1
         Self
   202   Storage       Yes          Actual/360       1
   207   Retail        Yes          Actual/360       1
   208   Retail        Yes          Actual/360       1                       360
   217   Retail        Yes          Actual/360       1
   220   Multifamily   Yes          Actual/360       2
         Self
   222   Storage       Yes          Actual/360       1
   223   Retail        Yes          Actual/360       1                       360
   228   Retail        Yes          Actual/360       1
   232   Retail        Yes          Actual/360       1
   233   Retail        Yes          Actual/360       1
   238   Retail        Yes          Actual/360       1
   239   Retail        Yes          Actual/360       1
   243   Retail        Yes          Actual/360       1
   245   Retail        No           Actual/360       1
   266   Retail        Yes          Actual/360       1

</TABLE>

<PAGE>

                                    EXHIBIT B

                 MORTGAGE LOAN REPRESENTATIONS AND WARRANTIES

<PAGE>

                                    EXHIBIT C

                                JPMCC 2007-LDP11

           EXCEPTIONS TO MORTGAGE LOAN REPRESENTATIONS AND WARRANTIES

No. 6
<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------

Loan No.         Loan Name               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>              <C>                     <C>

1                GSA Portfolio           There is companion subordinate financing from the Seller backed
                                         by a mixture of mezzanine pledges of the Mortgagor's ownership
                                         interests and 1% preferred equity pledges with respect to
                                         mortgaged properties which are not part of the related Mortgage
                                         Loan, and which are subject to pre-existing first lien mortgage
                                         loans from third parties.

                                         Additionally, the individual Mortgaged Property located in
                                         Martinsburg, West Virginia is subject to a certain tenant
                                         purchase option, which may be released from the lien of the
                                         Mortgage and transferred to the related tenant upon, among other
                                         things, payment of (i) the related purchase price by tenant and
                                         (ii) a release price plus any yield maintenance charges due
                                         prior to such release by the Mortgagor.
------------------------------------------------------------------------------------------------------------

3                315 Park Avenue         A junior mezzanine loan secured by the ownership interests of
                                         the Mortgagor is cross-collateralized and cross-defaulted with
                                         another mezzanine loan secured by the related ownership
                                         interests of a borrowing entity holding its related interests in
                                         a mortgaged property that is not included in the trust.
------------------------------------------------------------------------------------------------------------

8                Americold Portfolio     The individual Mortgaged Property located in Martinsburg, West
                                         Virginia is subject to a tenant purchase option, which may be
                                         released from the lien of the Mortgage upon, among other things,
                                         payment of (i) the related purchase price by tenant and (ii) a
                                         release price plus any yield maintenance charges due prior to
                                         such release by the Mortgagor.
------------------------------------------------------------------------------------------------------------
</TABLE>

No. 10(i)
<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------

Loan No.         Loan Name               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>              <C>                     <C>
------------------------------------------------------------------------------------------------------------

7                Hyatt Regency -         The Mortgage Loan documents provide that Mortgagor may obtain an
                 Jacksonville            environmental insurance policy in lieu of an environmental
                                         indemnity agreement.
------------------------------------------------------------------------------------------------------------

21               The Landings of         No individual or entity other than the Mortgagor is liable for
                 Brentwood Apartments    any losses arising from the breach of the environmental
                                         covenants.
------------------------------------------------------------------------------------------------------------

29               101 West Ohio Street    The guarantor is personally liable only for such losses,
                                         liabilities, costs and damages arising from the non-recourse
                                         carve-out provisions relating to fraud and/or intentional
                                         misrepresentation.
------------------------------------------------------------------------------------------------------------

40               Hilton Garden Inn -     In the event the Mortgagor obtains an environmental policy that
                 Emeryville              is pre-approved by the mortgagee, the indemnitor will continue
                                         to be personally liable for losses related to any breach of the
                                         environmental covenants, but only to the extent that any losses
                                         arising from the breach of such covenants are either not covered
                                         by such policy or cannot be recovered under such policy.
------------------------------------------------------------------------------------------------------------

63               42 West 48th Street     The Mortgagor and the related guarantor are personally liable
                                         only for the non-recourse carve-out events relating to waste,
                                         damage or destruction to the Mortgaged Property that are caused
                                         by the Mortgagor and which constitute "material physical waste."
------------------------------------------------------------------------------------------------------------

88               University Corporate    No individual or entity other than the Mortgagor is personally
                 Center One              liable for any losses, arising from the related non-recourse
                                         carve-out provisions.
------------------------------------------------------------------------------------------------------------

93               Highlands Overlook      No individual or entity other than the Mortgagor is personally
                                         liable for any losses, liabilities, costs and damages arising
                                         from the related non-recourse carve-out provisions.
                                         Additionally, the Mortgagor is required to provide an
                                         environmental insurance policy with coverage in an amount equal
                                         to $5,000,000 in lieu of an environmental indemnity agreement.
------------------------------------------------------------------------------------------------------------

198              Walgreens - Duluth      Indemnitors under the environmental indemnity agreement are
                                         personally liable only to the extent that its own acts or
                                         omissions caused or contributed to any losses arising from
                                         breach of any of the environmental covenants.
------------------------------------------------------------------------------------------------------------

207              Walgreens - Littleton   Indemnitors under the environmental indemnity agreement are
                                         personally liable only to the extent that its own acts or
                                         omissions caused or contributed to any losses arising from
                                         breach of any of the environmental covenants.
------------------------------------------------------------------------------------------------------------

217              Walgreens -Morehead     No individual or entity other than the Mortgagor is personally
                                         liable for any losses arising from the breach of the
                                         environmental covenants.
------------------------------------------------------------------------------------------------------------

232              Walgreens - Lancaster   No individual or entity other than the Mortgagor is personally
                                         liable for any losses arising from the breach of the
                                         environmental covenants.
------------------------------------------------------------------------------------------------------------

233              Walgreens - Mocksville  No individual or entity other than the Mortgagor is personally
                                         liable for any losses arising from the breach of the
                                         environmental covenants.
------------------------------------------------------------------------------------------------------------
</TABLE>

No. 12
<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------

Loan No.         Loan Name               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>              <C>                     <C>

1                GSA Portfolio           The Mortgagor may obtain the release of any  individual  Mortgaged
                                         Property from the lien of the Mortgage  upon,  among other things,
                                         defeasance   or  prepayment  of  an  amount  equal  to  a  certain
                                         percentage  (which is formula  based) between 100% and 125% of the
                                         Allocated Loan Amount.
------------------------------------------------------------------------------------------------------------

4                Save Mart Portfolio     The Mortgagor may obtain the release of an individual Mortgaged
                                         Property from the lien of the Mortgage upon, among other things,
                                         payment of a release price equal to: (A) 120% of the Allocated
                                         Loan Amount up to the first three such releases; provided, that
                                         (i) the total sum of all Allocated Loan Amounts released prior
                                         to and including the Allocated Loan Amount subject to a release
                                         does not exceed 15% of the original principal balance of the
                                         Mortgage Loan; and (ii) none of the first three individual
                                         Mortgaged Properties released are specifically restricted from
                                         being released from the lien of the Mortgage for the first three
                                         releases; and (B) 115% of the Allocated Loan Amount, thereafter.

                                         Additionally, the Mortgagor may obtain the release of an
                                         individual Mortgaged Property from the lien of the Mortgage by
                                         substituting therefor another retail property of like kind and
                                         quality; provided, that, the total sum of all Allocated Loan
                                         Amounts paid prior to any substitution including the Allocated
                                         Loan Amount to be paid subject to a substitution, does not, in
                                         the aggregate, exceed 50% of the total Allocated Loan Amounts of
                                         all individual Mortgaged Properties permitted to be released.
------------------------------------------------------------------------------------------------------------

7                Hyatt Regency -         At any time prior to the date when the Mortgage Loan may be
                 Jacksonville            defeased, the Mortgagor may obtain the release of the so-called
                                         "terrace building hotel component" from the lien of the Mortgage
                                         upon, among other things, prepayment of an amount equal to
                                         $12,090,000 in connection with any such release; provided,
                                         however, on or after such permitted date the Mortgage Loan may
                                         be defeased, the Mortgagor may obtain the release of the
                                         so-called "terrace hotel component" through defeasance of the
                                         Mortgage Loan and by providing defeasance collateral sufficient
                                         to cover all scheduled payments due under the related Mortgage
                                         Loan documents.

                                         The related Mortgage Loan documents permit the Mortgagor to
                                         obtain the release of a portion of the Mortgaged Property from
                                         the lien of the Mortgage comprised of the so-called "parking
                                         component" and "conference center component" (each of which are
                                         located within the "terrace hotel component") without payment or
                                         defeasance of any Allocated Loan Amount (A) by substituting
                                         therefor another property of like kind and quality subject to
                                         satisfaction of certain conditions related thereto or(B) by
                                         replacing such released portion of the Mortgaged Property
                                         through a reconfiguration of the remaining Mortgaged Property
                                         which, on the whole, provides equivalent operational and
                                         functional utility as that of the "released component" as to
                                         allow undisturbed operation of the hotel business on the
                                         Mortgaged Property and does not materially and adversely affect
                                         the Mortgaged Property or the Mortgage Loan.
------------------------------------------------------------------------------------------------------------

8                Americold Portfolio     The Mortgagor may obtain the release of an individual Mortgaged
                                         Property from the lien of the Mortgage upon defeasance of an
                                         amount equal to a certain percentage (which is formula based)
                                         between 105% and (C) 115% of the Allocated Loan Amount.

                                         Finally, the Mortgagor may obtain the release of an individual
                                         Mortgaged Property from the lien of the Mortgage by substituting
                                         therefor any individual Mortgaged Property with another property
                                         of like kind and quality subject to satisfaction of certain
                                         conditions including, but not limited to, payment of a specified
                                         percentage of the Allocated Loan Amount (as discussed above);
                                         provided, that the total sum of all Allocated Loan Amounts paid
                                         prior to any substitution including the Allocated Loan Amount to
                                         be paid subject to a substitution, in the aggregate, does not
                                         exceed 35% of the original principal balance of the Mortgage
                                         Loan.
------------------------------------------------------------------------------------------------------------

46               Rocket Lofts            The Mortgagor may obtain the release of an improved out-parcel
                                         from the lien of the Mortgage, which was not assigned any
                                         material value in connection with underwriting of the Mortgage
                                         Loan or in the related appraisal.
------------------------------------------------------------------------------------------------------------

69               400-1 / 400-2 Totten    The Mortgaged Property is comprised of two condominium units.
                 Road                    The Mortgagor may obtain the release of any such condominium
                                         unit from the lien of the Mortgage upon payment of a release
                                         price equal to 115% of the Allocated Loan Amount (including
                                         yield maintenance charges).
------------------------------------------------------------------------------------------------------------
</TABLE>

No. 19(ii)
<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------

Loan No.         Loan Name               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>              <C>                     <C>

198              Walgreens - Duluth      The Mortgagor received notice regarding a "threatened" partial
                                         condemnation of approximately 0.02 acres of unimproved land
                                         running roughly 25 feet along the northern border of the
                                         Mortgaged Property.
------------------------------------------------------------------------------------------------------------
</TABLE>

No. 20 (iii)
<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------

Loan No.         Loan Name               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>              <C>                     <C>

175              Rite Aid Portfolio      A ground lease for the individual Mortgaged Property located in
                                         Wilmington, Delaware provides that following a foreclosure, the
                                         landlord must grant consent to an assignment of the ground
                                         lease, which shall not be unreasonably withheld, conditioned or
                                         delayed and such consent shall be deemed granted if the landlord
                                         does not respond to such notice within 30 days.
------------------------------------------------------------------------------------------------------------
</TABLE>

No. 21(i)
<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------

Loan No.         Loan Name               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>              <C>                     <C>

8                Americold Portfolio     With respect to the individual Mortgaged Property located in
                                         Phoenix, Arizona, the related Environmental Site Assessment
                                         report is dated as of May 1st, 2006.
------------------------------------------------------------------------------------------------------------
</TABLE>

No. 22
<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------

Loan No.         Loan Name               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>              <C>                     <C>

3                315 Park Avenue         If insurance coverage is provided by a syndicate of insurers,
                                         such insurers will be subject to, among other things, the
                                         following ratings requirement: (i) the first layer of coverage
                                         must be provided by carriers with a minimum financial strength
                                         rating of "A" or better from Standard & Poor's Ratings Services,
                                         a division of The McGraw-Hill Companies, Inc. ("S&P"); (ii) 60%
                                         to 75% (if there are 4 or fewer members in the syndicate) of the
                                         aggregate limits under such policies must be provided by
                                         carriers with a minimum financial strength rating from S&P of
                                         "A" or better; and (iii) each carrier in such syndicate shall
                                         have a financial strength rating of not less than "BBB."
------------------------------------------------------------------------------------------------------------

4                Save Mart Portfolio     The Lloyd's of London was approved by mortgagee of meeting the
                                         insurance company ratings requirements under the related
                                         Mortgage Loan documents.
------------------------------------------------------------------------------------------------------------

8                Americold Portfolio     All insurance policies may be issued by an insurer having a
                                         claims-paying-ability rating of less than "A-", subject to
                                         satisfaction of certain conditions including, among other
                                         things, the following: (A) if 5 or more insurance carriers are
                                         providing the insurance policies (i) only 60% of such coverage
                                         will be required to be insured by insurance companies having a
                                         claims-paying-ability rating of "A-" or better by S&P, (ii) the
                                         remaining 40% of such coverage may be provided by insurance
                                         companies having a claims-paying-ability rating of "BBB-" or
                                         better by S&P and (iii) with respect to the first $100,000,000
                                         of such coverage, not more than 20% of the insurers will have a
                                         claims-paying-ability rating lower than "A-" or better by S&P
                                         (but in no event lower than "BBB" by S&P); and (B) if 4 or fewer
                                         insurance carriers are providing the policies, 75% of such
                                         coverage will be provided by insurance companies having a
                                         claims-paying-ability rating of "A-" or better by S&P, with the
                                         remaining 25% of such coverage by insurance companies having a
                                         claims-paying-ability rating of "BBB-" or better by S&P.
------------------------------------------------------------------------------------------------------------

15               Embassy Suites Atlanta  A specified percentage not greater than 25% of the total
                                         insurance coverage under the Mortgagor's insurance policy may be
                                         issued by insurers having a claims-paying-ability rating of less
                                         than "A-" by S&P; provided, that (A) at least 4 primary insurers
                                         provide coverage under the Mortgagor's insurance policy, and
                                         (B) a certain percentage greater than 75% for each of the
                                         individual insurance coverage provided under each respective
                                         insurance policy shall be issued by insurers with a
                                         claims-paying-ability rating of "A" or better, by S&P (or the
                                         equivalent thereof) by Fitch or Moody's, which are "BBB" and
                                         "Baa2" for the remaining 25%, respectively.
------------------------------------------------------------------------------------------------------------

40               Hilton Garden Inn -     If any insurance required under the related Mortgage Loan
                 Emeryville              documents is provided by a syndicate of insurers, the insurers
                                         with respect to such insurance shall be considered acceptable
                                         if: (i) the first layer of coverage under such insurance shall
                                         be provided by carriers with a minimum financial strength rating
                                         from S&P of "A" or better; (ii) 60% (which shall be increased to
                                         75% if there are four or fewer members in the syndicate) of the
                                         aggregate limits under such insurance policies must be provided
                                         by carriers with a minimum financial strength rating from S&P of
                                         "A" or better and (iii) the financial strength rating from S&P
                                         for each carrier in the syndicate shall have a financial
                                         strength rating from S&P of at least "BBB".
------------------------------------------------------------------------------------------------------------

75               Hempstead Retail        At origination, the mortgagee approved Seneca Insurance Co. with
                 Center                  a then current rating of "A-:VIII" from A.M. Best Company;
                                         provided, that in the event such rating is downgraded below a
                                         rating of "A-:VIII" from A.M. Best Company or (ii) if the
                                         accepted rating of the foregoing insurance company negatively
                                         affects the securitization of the related Mortgage Loan, then
                                         such insurer will be replaced by an insurance company with a
                                         claims-paying-ability rating of "A" or better (and the
                                         equivalent thereof) by both Moody's and S&P.
------------------------------------------------------------------------------------------------------------

176              1050 Warrenville Road   With respect to the general liability insurance policy the
                                         related Mortgage Loan documents provide that such policy may be
                                         issued by an insurance company having a claims-paying-ability
                                         rating of "BBB" or better by S&P.
------------------------------------------------------------------------------------------------------------

198              Walgreens - Duluth      As long as Walgreens, as a single tenant, or its parent entity
                                         maintains an investment grade credit rating by either S&P or
                                         Moody's, the related Mortgaged Property may be self-insured by
                                         tenant.
------------------------------------------------------------------------------------------------------------

207              Walgreens - Littleton   As long as Walgreens, as a single tenant, or its parent entity
                                         maintains an investment grade credit rating by either S&P or
                                         Moody's, the related Mortgaged Property may be self-insured by
                                         tenant.
------------------------------------------------------------------------------------------------------------

223              Walgreens - Memphis     As long as Walgreens, as a single tenant, or its parent entity
                                         maintains an investment grade credit rating by either S&P or
                                         Moody's, the related Mortgaged Property may be self-insured by
                                         tenant.
------------------------------------------------------------------------------------------------------------
</TABLE>

No. 24
<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------

Loan No.         Loan Name               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>              <C>                     <C>

1                GSA Portfolio           The individual Mortgaged Property located in Buffalo, New  York,
                                         is subject to a pending litigation.  The Mortgagor deposited
                                         $400,000 into an escrow reserve fund to cover any liabilities
                                         arising from any future judgments, orders, pending settlements,
                                         costs and expenses that may arise from such litigation.
------------------------------------------------------------------------------------------------------------

30               36-46 33rd Street       The Mortgaged Property is subject to a claim by another resident
                                         residing within the neighborhood of the Mortgagor alledgedly
                                         claiming that the renovation by the Mortgagor in 2001 caused
                                         damage to the foundations of her house and rendered it
                                         uninhabitable.  Such pending claim is being defended by the
                                         contractor's insurance company and any loss to the mortgagee
                                         arising therein shall be full recourse to the Mortgagor and the
                                         guarantor under the related Mortgage Loan documents.
------------------------------------------------------------------------------------------------------------
</TABLE>

No. 26
<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------

Loan No.         Loan Name               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>              <C>                     <C>

8                Americold Portfolio     With respect to the individual Mortgaged Property located in
                                         Phoenix, Arizona, the related Property Condition Report is dated
                                         as of May 1st, 2006.
------------------------------------------------------------------------------------------------------------
</TABLE>

No. 27
<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------

Loan No.         Loan Name               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>              <C>                     <C>

8                Americold Portfolio     No rent rolls are required from the Mortgagor because the
                                         improvements situated on the related Mortgaged Properties are
                                         warehouses or cold-storage facilities subject to certain
                                         warehouse or facility use agreements, not leases.
------------------------------------------------------------------------------------------------------------
</TABLE>

No. 32
<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------

Loan No.         Loan Name               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>              <C>                     <C>

1                GSA Portfolio           There is companion subordinate financing from the mortgagee
                                         backed by a mixture of mezzanine pledges of the Mortgagor's
                                         ownership interests and 1% preferred equity pledges with respect
                                         to mortgaged properties which are not part of the related
                                         Mortgage Loan, and which are subject to pre-existing first lien
                                         mortgage loans from third parties.

                                         Additionally, the related Mortgage Loan documents permit certain
                                         entities that are sponsors of the Mortgagor, to transfer their
                                         respective ownership interests in the Mortgagor in order to
                                         issue or sell shares of capital stock in connection with (i) an
                                         initial public offering, provided, such shares are registered
                                         and listed in a national stock exchange, or (ii)  a merger
                                         through a certain "public vehicle" (as part of a so called
                                         "back-door" initial public offering); subject to, among other
                                         things, the satisfaction of certain conditions including minimum
                                         total assets and minimum net worth requirements of the surviving
                                         entity following a merger.
------------------------------------------------------------------------------------------------------------

3                315 Park Avenue         A junior mezzanine loan secured by the ownership interests of
                                         the mortgagor is cross-collateralized and cross-defaulted with
                                         another mezzanine loan secured by the ownership interests of an
                                         entity holding its related interests in a property that is not
                                         included in the trust.

                                         Additionally, the related Mortgage Loan documents provide that
                                         transfer restrictions will not apply to any pledge by mezzanine
                                         borrower with respect to that portion of the Mortgagor's
                                         ownership interests securing the mezzanine loans.
------------------------------------------------------------------------------------------------------------

4                Save Mart Portfolio     The mortgagee's prior written consent shall not be required in
                                         connection with (A) a sale or transfer of 100% of the related
                                         master tenant's direct or indirect interests and (B) with
                                         respect to any modifications to the beneficial interest or
                                         identity of the beneficiaries, controlling members or trustee of
                                         the Robert M. Piccinini Living Trust (a trust belonging to the
                                         principal holding 100% ownership interests in the sole sponsor
                                         of the Mortgagor), any of its successors (as may be amended from
                                         time to time), or with respect to any direct or indirect
                                         transfer or change in any ownership interests among such trust
                                         beneficiaries of such trust, Robert M. Piccinini and/or heirs,
                                         devisees and legatees of such trust or Robert M. Piccinini or
                                         his family.
------------------------------------------------------------------------------------------------------------

8                Americold Portfolio     The related Mortgage Loan documents permit (i) certain entities
                                         that are owners of Americold Realty Trust ("ART"), a guarantor
                                         and sponsor of the Mortgagor, to transfer their ownership
                                         interests or merge with other persons, (ii) ART to issue
                                         ownership interests or securities in ART in connection with ART
                                         becoming a public company and (iii) ART to merge or consolidate
                                         with any person; provided that, in connection with (ii) and
                                         (iii), if the existing owners of ART in the aggregate would no
                                         longer own a controlling interest in the Mortgagor, rating
                                         agency confirmation will be required in connection therewith.
------------------------------------------------------------------------------------------------------------

15               Embassy Suites Atlanta  The transfer of direct or indirect interests in DTM
                                         Atlanta/Legacy, Inc. is permitted without the mortgagee's prior
                                         written consent; provided, (i) David D. Marvin directly or
                                         indirectly owns more than 5% interest in the Mortgagor and
                                         provided, that (ii) the guarantor continues to serve as
                                         president and manager of the Mortgagor.
------------------------------------------------------------------------------------------------------------

120              185 Great Neck Road     The sole membership interests in the Mortgagor (currently held
                                         by a so-called "exchange accommodator") shall be transferred
                                         within 180 days of the origination date to an entity controlled
                                         by the sole sponsor of the Mortgage Loan and a principal of the
                                         Mortgagor.
------------------------------------------------------------------------------------------------------------
</TABLE>

No. 35
<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------

Loan No.         Loan Name               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>              <C>                     <C>

1                GSA Portfolio           Same as exception to no. 12.
------------------------------------------------------------------------------------------------------------

4                Save Mart Portfolio     Same as exception to no. 12.
------------------------------------------------------------------------------------------------------------

8                Americold Portfolio     Same as exception to no. 12.
------------------------------------------------------------------------------------------------------------

69               400-1 / 400-2 Totten    Same as exception to no. 12.
                 Road
------------------------------------------------------------------------------------------------------------
</TABLE>

No. 40
<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------

Loan No.         Loan Name               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>              <C>                     <C>

21               The Landing at          GEBAM, Inc., an equity owner of the Mortgagor, has the right
                 Brentwood Apartments    (but not the obligation) to cure any event of default by the
                                         Mortgagor under the related Mortgage Loan documents, to the
                                         extent of, and within the same time frame as such rights exist
                                         for the Mortgagor.  The Mortgagee will provide GEBAM, Inc. with
                                         copies of all written notices required to be provided to the
                                         Mortgagor under the related Mortgage Loan documents.
------------------------------------------------------------------------------------------------------------

82               Park at Waterford       GEBAM, Inc., an equity owner of the Mortgagor, has the right
                 Harbor                  (but not the obligation) to cure any event of default by the
                                         Mortgagor arising under the related Mortgage Loan documents, to
                                         the extent of and within such same time frame as such rights are
                                         available or exists for the Mortgagor.  The Mortgagee will
                                         provide GEBAM, Inc. with copies of all written notices to the
                                         extent such right to receive notice is available and required to
                                         be provided to the Mortgagor under the related Mortgage Loan
                                         documents.
------------------------------------------------------------------------------------------------------------
</TABLE>

No. 42
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------

Loan No.         Loan Name               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>              <C>                     <C>

1                GSA Portfolio           Terrorism insurance premium is capped at $350,000.
------------------------------------------------------------------------------------------------------------

7                Hyatt Regency -         Terrorism insurance premium is capped at $175,000.
                 Jacksonville
------------------------------------------------------------------------------------------------------------

8                Americold Portfolio     Terrorism insurance coverage is required for an amount up to an
                                         amount not greater than the highest then-outstanding Allocated
                                         Loan Amount, plus the required business interruption coverage
                                         for the Mortgaged Properties subject to the lien of the
                                         Mortgage; provided, however, if the Terrorism Risk Insurance Act
                                         ("TRIA") is not in effect, then the required insurance premium
                                         for such coverage shall not exceed $76, 867.
------------------------------------------------------------------------------------------------------------

15               Embassy Suites -        Terrorism insurance coverage is capped at the lesser of (i) the
                 Atlanta                 amount of the outstanding principal balance of the Mortgage Loan
                                         and (ii) the maximum amount such coverage can be purchased for
                                         an insurance premium not in excess of $181,881.
------------------------------------------------------------------------------------------------------------

33               Burlington - Marriott   Terrorism insurance coverage is capped at the lesser of (i) the
                                         amount of the outstanding principal balance of the Mortgage Loan
                                         and (ii) the maximum amount that such coverage can be purchased
                                         for a premium not in excess of $108,000.
------------------------------------------------------------------------------------------------------------

40               Hilton Garden Inn -     Terrorism insurance coverage is required for an amount not
                 Emeryville              greater than 150% of the insurance premium amount that is due
                                         for such commercial property and business interruption insurance
                                         policies which satisfy certain conditions and requirements with
                                         respect to such policies and purchased by Mortgagor on a
                                         standalone basis.
------------------------------------------------------------------------------------------------------------

175              Rite Aid Portfolio      Terrorism insurance premium is capped at twice the amount due
                                         for the trailing 12-month period.
------------------------------------------------------------------------------------------------------------

217              Walgreens - Morehead    Terrorism insurance premium is capped at twice the amount due
                                         for the trailing 12-month period.
------------------------------------------------------------------------------------------------------------

228              Rite Aid - Westover     Terrorism insurance premium is capped at twice the amount due
                                         for the trailing 12-month period.
------------------------------------------------------------------------------------------------------------

232              Walgreens - Lancaster   Terrorism insurance premium is capped at twice the amount due
                                         for the trailing 12-month period.
------------------------------------------------------------------------------------------------------------

233              Walgreens - Mocksville  Terrorism insurance premium is capped at twice the amount due
                                         for the trailing 12-month period.
------------------------------------------------------------------------------------------------------------

238              Rite Aid - Chester      Terrorism insurance premium is capped at twice the amount due
                                         for the trailing 12-month period.
------------------------------------------------------------------------------------------------------------

243              Rite Aid - Emporium     Terrorism insurance premium is capped at twice the amount due
                                         for the trailing 12-month period.
------------------------------------------------------------------------------------------------------------

245              North Richland Hills    Terrorism insurance premium is capped at twice the amount due
                 Portfolio               for the trailing 12-month period.
------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>

                                 SCHEDULE II

1.    Hyatt Regency - Jacksonville.

2.    Highlands Overlook.
<PAGE>

                                    EXHIBIT D

                        FORM OF OFFICER'S CERTIFICATE

            I, [______], a duly appointed, qualified and acting [______] of
[___________], a [________] [______] (the "Company"), hereby certify on behalf
of the Company as follows:

            1.____I have examined the Mortgage Loan Purchase Agreement, dated as
of July 1, 2007 (the "Agreement"), between the Company and J.P. Morgan Chase
Commercial Mortgage Securities Corp., and all of the representations and
warranties of the Company under the Agreement are true and correct in all
material respects on and as of the date hereof (or, in the case of any
particular representation or warranty set forth on Exhibit B to the Agreement,
as of such other date provided for in such representation or warranty) with the
same force and effect as if made on and as of the date hereof, subject to the
exceptions set forth in the Agreement (including Exhibit C thereto).

            2. The Company has complied with all the covenants and satisfied all
the conditions on its part to be performed or satisfied under the Agreement on
or prior to the date hereof and no event has occurred which, with notice or the
passage of time or both, would constitute a default under the Agreement.

            3. I have examined the information regarding the Mortgage Loans in
the Prospectus, dated March 9, 2007, as supplemented by the Prospectus
Supplement, dated June 28, 2007 (collectively, the "Prospectus"), relating to
the offering of the Class A-1, Class A-2, Class A-2FL, Class A-3, Class A-4,
Class A-SB, Class A-1A, Class X, Class A-M, Class A-J, Class B, Class C, Class
D, Class E and Class F Certificates, the Private Placement Memorandum, dated
June 28, 2007 (the "Privately Offered Certificate Private Placement
Memorandum"), relating to the offering of the Class G, Class H, Class J, Class
K, Class L, Class M, Class N, Class P, Class Q, Class T and Class NR
Certificates, and the Residual Private Placement Memorandum, dated June 28, 2007
(together with the Privately Offered Certificate Private Placement Memorandum,
the "Private Placement Memoranda"), relating to the offering of the Class R and
Class LR Certificates, and nothing has come to my attention that would lead me
to believe that the Prospectus, as of the date of the Prospectus Supplement or
as of the date hereof, or the Private Placement Memoranda, as of the date of the
Private Placement Memoranda or as of the date hereof, included or includes any
untrue statement of a material fact relating to the Mortgage Loans or omitted or
omits to state therein a material fact necessary in order to make the statements
therein relating to the Mortgage Loans, in light of the circumstances under
which they were made, not misleading.

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

                  [SIGNATURE APPEARS ON THE FOLLOWING PAGE]

            IN WITNESS WHEREOF, I have signed my name this ___ day of July,
2007.

                                       By:____________________________________
                                          Name:
                                          Title:
<PAGE>

                                  SCHEDULE I

MORTGAGE LOANS FOR WHICH A LENDER'S ENVIRONMENTAL POLICY WAS OBTAINED IN LIEU
                     OF AN ENVIRONMENTAL SITE ASSESSMENT

None.

<PAGE>

                                 SCHEDULE II

                      MORTGAGED PROPERTY FOR WHICH OTHER
                    ENVIRONMENTAL INSURANCE IS MAINTAINED

Hyatt Regency - Jacksonville.

Highlands Overlook.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00126-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00126-of-00352.parquet"}]]