Document:

EXHIBIT 4.3

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              CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP.
                                   (Depositor)

                                       and

                      GMAC COMMERCIAL MORTGAGE CORPORATION
                                    (Seller)

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                        MORTGAGE LOAN PURCHASE AGREEMENT

                          Dated as of November 1, 2005

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

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                                TABLE OF CONTENTS

Section 1.  Transactions on or Prior to the Closing Date...................
Section 2.  Closing Date Actions...........................................
Section 3.  Conveyance of Mortgage Loans...................................
Section 4.  Depositor's Conditions to Closing..............................
Section 5.  Seller's Conditions to Closing.................................
Section 6.  Representations and Warranties of Seller.......................
Section 7.  Obligations of Seller..........................................
Section 8.  Crossed Mortgage Loans.........................................
Section 9.  Rating Agency Fees; Costs and Expenses Associated with a
             Defeasance ...................................................
Section 10. Representations and Warranties of Depositor....................
Section 11. Survival of Certain Representations, Warranties and Covenants..
Section 12. Transaction Expenses...........................................
Section 13. Recording Costs and Expenses...................................
Section 14. Notices........................................................
Section 15. Examination of Mortgage Files..................................
Section 16. Successors.....................................................
Section 17. Governing Law..................................................
Section 18. Severability...................................................
Section 19. Further Assurances.............................................
Section 20. Counterparts...................................................
Section 21. Treatment as Security Agreement................................
Section 22. Recordation of Agreement.......................................

Schedule I   Schedule of Transaction Terms
Schedule II  Mortgage Loan Schedule for GMACCM Loans
Schedule III Mortgage Loans Constituting Mortgage Groups
Schedule IV  Mortgage Loans with Lost Mortgage Notes
Schedule V   Exceptions with Respect to Seller's Representations and Warranties

Exhibit A    Representations and Warranties of Seller Regarding the Mortgage
              Loans
Exhibit B    Form of Lost Mortgage Note Affidavit

<PAGE>

                        MORTGAGE LOAN PURCHASE AGREEMENT

            This Mortgage Loan Purchase Agreement (this "Agreement"), dated as
of November 1, 2005, is made by and between GMAC COMMERCIAL MORTGAGE
CORPORATION, a California corporation ("Seller"), and CREDIT SUISSE FIRST BOSTON
MORTGAGE SECURITIES CORP., a Delaware corporation ("Depositor").

                                    RECITALS

            I. Capitalized terms used herein without definition have the
meanings ascribed to them in the Schedule of Transaction Terms attached hereto
as Schedule I, which is incorporated herein by this reference, or, if not
defined therein or elsewhere in this Agreement, in the Pooling and Servicing
Agreement.

            II. On the Closing Date, and on the terms set forth herein, Seller
has agreed to sell to Depositor and Depositor has agreed to purchase from Seller
the mortgage loans identified on the schedule (the "Mortgage Loan Schedule")
annexed hereto as Schedule II (each such mortgage loan, a "Mortgage Loan" and,
collectively, the "Mortgage Loans"). Depositor intends to deposit the Mortgage
Loans and other assets into a trust fund (the "Trust Fund") created pursuant to
the Pooling and Servicing Agreement and to cause the issuance of the
Certificates.

                                    AGREEMENT

            NOW, THEREFORE, on the terms and conditions set forth below and for
good and valuable consideration, the receipt and adequacy of which is hereby
acknowledged, Depositor and Seller agree as follows:

            Section 1. Transactions on or Prior to the Closing Date. On or prior
to the Closing Date, Seller shall have delivered the Mortgage Files with respect
to each of the Mortgage Loans listed in the Mortgage Loan Schedule to Wells
Fargo Bank, N.A. as trustee (the "Trustee") or its designee, against receipt by
Seller of a trust receipt, pursuant to an arrangement between Seller and the
Trustee; provided, however, that item (p) in the definition of Mortgage File
(below) shall be delivered to the applicable Master Servicer for inclusion in
the Servicer File (defined below) with a copy delivered to the Trustee for
inclusion in the Mortgage File.

            Section 2. Closing Date Actions. The sale of the Mortgage Loans
shall take place on the Closing Date, subject to and simultaneously with the
deposit of the Mortgage Loans into the Trust Fund, the issuance of the
Certificates and the sale of (a) the Publicly Offered Certificates by Depositor
to the Underwriters pursuant to the Underwriting Agreement and (b) the Private
Certificates by Depositor to the Initial Purchaser pursuant to the Certificate
Purchase Agreement. The closing (the "Closing") shall take place at the offices
of Cadwalader, Wickersham & Taft LLP, One World Financial Center, New York, New
York 10281, or such other location as agreed upon between the parties hereto. On
the Closing Date, the following actions shall take place in sequential order on
the terms set forth herein:

            (i) Seller shall sell to Depositor, and Depositor shall purchase
      from Seller, the Mortgage Loans pursuant to this Agreement for the
      Mortgage Loan Purchase Price (as defined herein). The Mortgage Loan
      Purchase Price shall be paid by Depositor to Seller or at its direction by
      wire transfer in immediately available funds to an account designated by
      Seller on or prior to the Closing Date (or, by such other method as shall
      be mutually acceptable to Depositor and Seller). The "Mortgage Loan
      Purchase Price" paid by Depositor shall be equal to the amount that the
      Depositor and the Seller have mutually agreed upon as the Seller's share
      of the net securitization proceeds from the sale of the Publicly Offered
      Certificates and the Private Certificates as set forth in the Closing
      Statement (which amount includes, without limitation, accrued interest).

            (ii) Pursuant to the terms of the Pooling and Servicing Agreement,
      Depositor shall sell all of its right, title and interest in and to the
      Mortgage Loans to the Trustee for the benefit of the Holders of the
      Certificates.

            (iii) Depositor shall sell to the Underwriters, and the Underwriters
      shall purchase from Depositor, the Publicly Offered Certificates pursuant
      to the Underwriting Agreement, and Depositor shall sell to the Initial
      Purchaser, and the Initial Purchaser shall purchase from Depositor, the
      Private Certificates pursuant to the Certificate Purchase Agreement.

            (iv) The Underwriters will offer the Publicly Offered Certificates
      for sale to the public pursuant to the Prospectus and the Prospectus
      Supplement and the Initial Purchaser will privately place certain classes
      of the Private Certificates pursuant to the Offering Circular.

            Section 3. Conveyance of Mortgage Loans. On the Closing Date, Seller
shall sell, convey, assign and transfer, subject to any related servicing rights
of any applicable Master Servicer under, and/or any applicable Primary Servicer
contemplated by, the Pooling and Servicing Agreement, without recourse except as
provided herein, to Depositor, free and clear of any liens, claims or other
encumbrances, all of Seller's right, title and interest in, to and under: (i)
each of the Mortgage Loans identified on the Mortgage Loan Schedule and (ii) all
property of Seller described in Section 21(b) of this Agreement, including,
without limitation, (A) all scheduled payments of interest and principal due on
or with respect to the Mortgage Loans after the Cut-off Date and (B) all other
payments of interest, principal or yield maintenance charges received on or with
respect to the Mortgage Loans after the Cut-off Date, other than any such
payments of interest or principal or yield maintenance charges that were due on
or prior to the Cut-off Date. The Mortgage File for each Mortgage Loan shall
contain the following documents on a collective basis:

            (a) the original Note (or with respect to those Mortgage Loans
listed in Schedule IV hereto, a "lost note affidavit" substantially in the form
of Exhibit B hereto and a true and complete copy of the Note), bearing, or
accompanied by, all prior and intervening endorsements, assignments or allonges
showing a complete chain of endorsement or assignment from the Mortgage Loan
Originator either in blank or to Seller, and further endorsed (at the direction
of Depositor given pursuant to this Agreement) by Seller, on its face or by
allonge attached thereto, without recourse, either in blank or to the order of
the Trustee in the following form: "Pay to the order of Wells Fargo Bank, N.A.,
as trustee for the registered Holders of Credit Suisse First Boston Mortgage
Securities Corp., Commercial Mortgage Pass-Through Certificates, Series 2005-C5,
without recourse, representation or warranty, express or implied";

            (b) a duplicate original Mortgage or a counterpart thereof or, if
such Mortgage has been returned by the related recording office, (A) an
original, (B) a certified copy or (C) a copy thereof from the applicable
recording office, and originals or counterparts (or originals or copies of
certified copies from the applicable recording office) of any intervening
assignments thereof from the Mortgage Loan Originator to Seller, in each case in
the form submitted for recording or, if recorded, with evidence of recording
indicated thereon;

            (c) an original assignment of the Mortgage, in recordable form
(except for any missing recording information and, if applicable, completion of
the name of the assignee), from Seller (or the Mortgage Loan Originator) either
in blank or to "Wells Fargo Bank, N.A., as trustee for the registered Holders of
Credit Suisse First Boston Mortgage Securities Corp., Commercial Mortgage
Pass-Through Certificates, Series 2005-C5";

            (d) an original, counterpart or copy of any related Assignment of
Leases (if such item is a document separate from the Mortgage), and the
originals, counterparts or copies of any intervening assignments thereof from
the Mortgage Loan Originator of the Loan to Seller, in each case in the form
submitted for recording or, if recorded, with evidence of recording thereon;

            (e) an original assignment of any related Assignment of Leases (if
such item is a document separate from the Mortgage and to the extent not already
assigned pursuant to clause (c) above), in recordable form (except for any
missing recording information and, if applicable, completion of the name of the
assignee), from Seller (or the Mortgage Loan Originator), either in blank or to
"Wells Fargo Bank, N.A., as trustee for the registered Holders of Credit Suisse
First Boston Mortgage Securities Corp., Commercial Mortgage Pass-Through
Certificates, Series 2005-C5";

            (f) an original or true and complete copy of any related Security
Agreement (if such item is a document separate from the Mortgage), and the
originals or copies of any intervening assignments thereof from the Mortgage
Loan Originator to Seller;

            (g) an original assignment of any related Security Agreement (if
such item is a document separate from the Mortgage and to the extent not already
assigned pursuant to clause (c) above), from Seller (or the Mortgage Loan
Originator) either in blank or to "Wells Fargo Bank, N.A., as trustee for the
registered Holders of Credit Suisse First Boston Mortgage Securities Corp.,
Commercial Mortgage Pass-Through Certificates, Series 2005-C5," which assignment
may be included as part of an omnibus assignment covering other documents
relating to the Mortgage Loan (provided that such omnibus assignment is
effective under applicable law);

            (h) originals or copies of all (A) assumption agreements, (B)
modifications, (C) written assurance agreements and (D) substitution agreements,
together with any evidence of recording thereon or in the form submitted for
recording, in those instances where the terms or provisions of the Mortgage,
Note or any related security document have been modified or the Mortgage Loan
has been assumed;

            (i) the original lender's title insurance policy or a copy thereof
(together with all endorsements or riders that were issued with or subsequent to
the issuance of such policy), or if the policy has not yet been issued, the
original or a copy of a binding written commitment (which may be a pro forma or
specimen title insurance policy which has been accepted or approved in writing
by the related title insurance company) or interim binder that is marked as
binding and countersigned by the title company, insuring the priority of the
Mortgage as a first lien on the related Mortgaged Property, relating to such
Mortgage Loan;

            (j) the original or a counterpart of any guaranty of the obligations
of the Borrower under the Mortgage Loan;

            (k) UCC acknowledgement, certified or other copies of all UCC
Financing Statements and continuation statements which show the filing or
recording thereof (including the filing number or other similar filing
information) or, alternatively, other evidence of filing or recording (including
the filing number or other similar filing information) acceptable to the Trustee
(including, without limitation, evidence of such filed or recorded UCC Financing
Statement as shown on a written UCC search report from a reputable search firm,
such as Corporation Service Company, CT Corporation System and the like or
printouts of on-line confirmations from such UCC filing or recording offices or
authorized agents thereof), sufficient to perfect (and maintain the perfection
of) the security interest held by the Mortgage Loan Originator (and each
assignee of record prior to the Trustee) in and to the personalty of the
Borrower at the Mortgaged Property, and original UCC Financing Statement
assignments, in a form suitable for filing or recording, sufficient to assign
each such UCC Financing Statement to the Trustee;

            (l) the original or copy of the power of attorney (with evidence of
recording thereon) granted by the Borrower if the Mortgage, Note or other
document or instrument referred to above was not signed by the Borrower;

            (m) with respect to any debt of a Borrower permitted under the
related Mortgage Loan, an original or copy of a subordination agreement,
standstill agreement or other intercreditor, co-lender or similar agreement
relating to such other debt, if any, including any mezzanine loan documents or
preferred equity documents, and a copy of the promissory note relating to such
other debt (if such other debt is also secured by the related Mortgage);

            (n) with respect to any Cash Collateral Accounts and Lock-Box
Accounts, an original or copy of any related account control agreement;

            (o) an original or copy of any related Loan Agreement (if separate
from the related Mortgage), and an original or copy of any related Lock-Box
Agreement or Cash Collateral Account Agreement (if separate from the related
Mortgage and Loan Agreement);

            (p) the originals and copies of letters of credit, if any, relating
to the Mortgage Loans and amendments thereto which entitles the Trust to draw
thereon; provided that in connection with the delivery of the Mortgage File to
the Trust, such originals shall be delivered to the applicable Master Servicer
and copies thereof shall be delivered to the Trustee;

            (q) any related environmental insurance policies and any
environmental guarantees or indemnity agreements or copies thereof;

            (r) the original or a copy of the ground lease, ground lease
memorandum and ground lease estoppels, if any, and any originals or copies of
amendments, modifications or extensions thereto, if any;

            (s) Reserved;

            (t) copies of franchise agreements and franchisor comfort letters,
if any, for hospitality properties and any applicable transfer/assignment
documents;

            (u) a checklist of the documents included in the subject Mortgage
File;

            (v) if applicable, the original or a counterpart of any post-closing
agreement relating to any modification, waiver or amendment of any term of any
Mortgage Loan (including fees charged the Borrower) required to be added to the
Mortgage File pursuant to Section 3.20(l) of the Pooling and Servicing
Agreement.

            Notwithstanding the foregoing, in the event that, in connection with
any Mortgage Loan, Seller cannot deliver, or cause to be delivered, an original,
counterpart or certified copy, as applicable, of any of the documents and/or
instruments required to be delivered pursuant to clauses (b), (d), (h), (k)
(other than assignments of UCC Financing Statements to be recorded or filed in
accordance with the transfer contemplated by this Agreement), (1) and (n) (other
than assignments of UCC Financing Statements to be recorded or filed in
accordance with the transfer contemplated by this Agreement) above and with
evidence of recording or filing thereon on the Closing Date, solely because of a
delay caused by the public recording or filing office where such document or
instrument has been delivered for recordation or filing, then the Seller: (i)
shall deliver, or cause to be delivered, to the Trustee or its designee a
duplicate original or true copy of such document or instrument certified by the
applicable public recording or filing office, the applicable title insurance
company or Seller to be a true and complete duplicate original or copy of the
original thereof submitted for recording or filing; and (ii) shall deliver, or
cause to be delivered, to the Trustee or its designee either the original of
such non-delivered document or instrument, or a photocopy thereof (certified by
the appropriate public recording or filing office to be a true and complete copy
of the original thereof submitted for recording or filing), with evidence of
recording or filing thereon (with a copy to the applicable Master Servicer),
within 120 days of the Closing Date, which period may be extended up to two
times, in each case for an additional period of 45 days (provided that Seller,
as certified in writing to the Trustee prior to each such 45-day extension, is
in good faith attempting to obtain from the appropriate county recorder's office
such original or photocopy). Compliance with this paragraph will satisfy
Seller's delivery requirements under this Section 3 with respect to the subject
document(s) and instrument(s).

            Notwithstanding the foregoing, in the event that, in connection with
any Mortgage Loan, Seller cannot deliver, or cause to be delivered, an original,
counterpart or certified copy, as applicable, of any of the documents and/or
instruments required to be delivered pursuant to clauses (b), (d), (h), (k)
(other than assignments of UCC Financing Statements to be recorded or filed in
accordance with the transfer contemplated by this Agreement), (1) and (n) (other
than assignments of UCC Financing Statements to be recorded or filed in
accordance with the transfer contemplated by this Agreement) above with evidence
of recording or filing thereon for any other reason, including without
limitation, that such non-delivered document or instrument has been lost, the
delivery requirements of this Agreement shall be deemed to have been satisfied
and such non-delivered document or instrument shall be deemed to have been
included in the related Mortgage File if a photocopy of such non-delivered
document or instrument (with evidence of recording or filing thereon and
certified by the appropriate recording or filing office to be a true and
complete copy of the original thereof as filed or recorded) is delivered to the
Trustee (with a copy to the applicable Master Servicer) on or before the Closing
Date.

            Notwithstanding the foregoing, in the event that Seller cannot
deliver any UCC Financing Statement assignment with the filing or recording
information of the related UCC Financing Statement with respect to any Mortgage
Loan, solely because such UCC Financing Statement has not been returned by the
public filing or recording office where such UCC Financing Statement has been
delivered for filing or recording, Seller shall so notify the Trustee and shall
not be in breach of its obligations with respect to such delivery, provided that
Seller promptly forwards such UCC Financing Statement to the Trustee (with a
copy to the applicable Master Servicer) upon its return, together with the
related original UCC Financing Statement assignment in a form appropriate for
filing or recording.

            Notwithstanding the foregoing, Seller may, at its sole cost and
expense, but is not obligated to, engage a third-party contractor to prepare or
complete in proper form for filing or recording any and all assignments of
Mortgage, assignments of Assignments of Leases and assignments of UCC Financing
Statements to the Trustee to be delivered pursuant to clauses (c), (e), (k), and
(n) above (collectively, the "Assignments"), to submit those Assignments for
filing and recording, as the case may be, in the applicable public filing and
recording offices and to deliver those Assignments to the Trustee (with a copy
to the applicable Master Servicer) or its designee as those Assignments (or
certified copies thereof) are received from the applicable filing and recording
offices with evidence of such filing or recording indicated thereon. However, in
the event Seller engages a third-party contractor as contemplated in the
immediately preceding sentence, the rights, duties and obligations of Seller
pursuant to this Agreement remain binding on Seller; and, if Seller does not
engage a third party as contemplated by the immediately preceding sentence, then
Seller will still be liable for recording and filing fees and expenses of the
Assignments as and to the extent contemplated by Section 13 hereof.

            Within ten (10) Business Days after the Closing Date, Seller shall
deliver the Servicer Files with respect to each of the Mortgage Loans to the
applicable Master Servicer (or, if applicable, to a Sub-Servicer (with a copy to
the applicable Master Servicer) at the direction of the applicable Master
Servicer), under the Pooling and Servicing Agreement on behalf of the Trustee in
trust for the benefit of the Certificateholders. Each such Servicer File shall
contain all documents and records in Seller's possession relating to such
applicable Mortgage Loans (including reserve and escrow agreements, cash
management agreements, lockbox agreements, rent rolls, leases, environmental and
engineering reports, third-party underwriting reports, appraisals, surveys,
legal opinions, estoppels, financial statements, operating statements and any
other information provided by the respective Borrower from time to time, but
excluding any draft documents, attorney/client communications, which are
privileged or constitute legal or other due diligence analyses, and documents
prepared by Seller or any of its Affiliates solely for internal communication,
credit underwriting or due diligence analyses (other than the underwriting
information contained in the related underwriting memorandum or asset summary
report prepared by the Seller in connection with the preparation of Exhibit A-1
to the Prospectus Supplement)) that are not required to be a part of a Mortgage
File in accordance with the definition thereof, together with copies of all
instruments and documents which are required to be a part of the related
Mortgage File in accordance with the definition thereof.

            In addition, with respect to each Mortgage Loan as to which any
Additional Collateral is in the form of a letter of credit as of the Closing
Date, the Seller (within 30 days after the Closing Date) shall cause to be
prepared, executed and delivered to the issuer of each such letter of credit
such notices, assignments and acknowledgements as are required under such letter
of credit to assign, without recourse, to, and vest in, the Trustee (in care of
the applicable Master Servicer) (whether by actual assignment or by amendment of
the letter of credit) the Seller's rights as the beneficiary thereof and drawing
party thereunder. The designated beneficiary under each letter of credit
referred to in the preceding sentence shall be the Trustee (in care of the
applicable Master Servicer).

            For purposes of this Section 3, and notwithstanding any contrary
provision hereof or of the definition of "Mortgage File," if there exists with
respect to any group of Crossed Mortgage Loans only one original or certified
copy of any document or instrument described in the definition of "Mortgage
File" which pertains to all of the Crossed Mortgage Loans in such group of
Crossed Mortgage Loans, the inclusion of the original or certified copy of such
document or instrument in the Mortgage File for any of such Crossed Mortgage
Loans and the inclusion of a copy of such original or certified copy in each of
the Mortgage Files for the other Crossed Mortgage Loans in such group of Crossed
Mortgage Loans, shall be deemed the inclusion of such original or certified
copy, as the case may be, in the Mortgage File for each such Crossed Mortgage
Loan.

            Seller shall, promptly after the Closing Date, but in all events
within three (3) Business Days after the Closing Date, cause all funds on
deposit in escrow accounts maintained with respect to the Mortgage Loans in the
name of Seller or any other name, to be transferred to or at the direction of
the applicable Master Servicer (or, if applicable, to a Sub-Servicer at the
direction of the applicable Master Servicer) for deposit into Servicing
Accounts.

            The Trustee, as assignee or transferee of Depositor, shall be
entitled to all scheduled principal payments due after the Cut-off Date, all
other payments of principal due and collected after the Cut-off Date, and all
payments of interest on the Mortgage Loans, minus that portion of any such
payment which is allocable to the period on or prior to the Cut-off Date. All
scheduled payments of principal due on or before the Cut-off Date and collected
after the Cut-off Date, together with the accompanying interest payments, shall
belong to Seller.

            Upon the sale of the Mortgage Loans from Seller to Depositor
pursuant hereto, the ownership of each Note, the related Mortgage Loan and the
contents of the related Mortgage File shall be vested in Depositor and the
ownership of all records and documents with respect to the related Mortgage Loan
prepared by or which come into the possession of Seller as seller of the
Mortgage Loans hereunder, exclusive in each case of records and documents that
are not required to be delivered hereunder by Seller, shall immediately vest in
Depositor. All Monthly Payments, Principal Prepayments and other amounts
received by Seller and not otherwise belonging to Seller pursuant to this
Agreement shall be sent by Seller within three (3) Business Days after Seller's
receipt thereof to the applicable Master Servicer via wire transfer for deposit
by the applicable Master Servicer into the Collection Account.

            Upon the sale of Certificates representing at least 10% of the fair
value of all the Certificates to unaffiliated third parties, Seller shall, under
generally accepted accounting principles ("GAAP"), report its transfer of the
Mortgage Loans to Depositor, as provided herein, as a sale of the Mortgage Loans
to Depositor in exchange for the consideration specified in Section 2 hereof. In
connection with the foregoing, upon sale of Certificates representing at least
10% of the fair value of all the Certificates to unaffiliated third parties,
Seller shall cause all of its financial and accounting records to reflect such
transfer as a sale (as opposed to a secured loan). Regardless of its treatment
of the transfer of the Mortgage Loans to the Depositor under GAAP, Seller shall
at all times following the Closing Date cause all of its records and financial
statements and any relevant consolidated financial statements of any direct or
indirect parent to clearly reflect that the Mortgage Loans have been transferred
to Depositor and are no longer available to satisfy claims of Seller's
creditors.

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

            Section 4. Depositor's Conditions to Closing. The obligations of
Depositor to purchase the Mortgage Loans and pay the Mortgage Loan Purchase
Price at the Closing Date under the terms of this Agreement are subject to the
satisfaction of each of the following conditions at or before the Closing:

            (a) Each of the obligations of Seller required to be performed by it
on or prior to the Closing Date pursuant to the terms of this Agreement shall
have been duly performed and complied with in all material respects; all of the
representations and warranties of Seller under this Agreement (subject to the
exceptions set forth in the Exception Report) shall be true and correct in all
material respects as of the Closing Date; no event shall have occurred with
respect to Seller or any of the Mortgage Loans and related Mortgage Files which,
with notice or the passage of time, would constitute a material default under
this Agreement; and Depositor shall have received certificates to the foregoing
effect signed by authorized officers of Seller.

            (b) Depositor, or if directed by Depositor, the Trustee or
Depositor's attorneys or other designee, shall have received in escrow, all of
the following closing documents, in such forms as are agreed upon and reasonably
acceptable to Depositor and Seller, duly executed by all signatories other than
Depositor, as required pursuant to the respective terms thereof:

                  (i) the Mortgage Files, subject to the provisos of Section 1
            of this Agreement, which shall have been delivered to and held by
            the Trustee or its designee on behalf of Seller;

                  (ii) the Mortgage Loan Schedule;

                  (iii) the certificate of Seller confirming its representations
            and warranties set forth in Section 6(a) (subject to the exceptions
            set forth in the Exception Report) as of the Closing Date;

                  (iv) an opinion or opinions of Seller's counsel, dated the
            Closing Date, covering various corporate matters and such other
            matters as shall be reasonably required by Depositor;

                  (v) such other certificates of Seller's officers or others and
            such other documents to evidence fulfillment of the conditions set
            forth in this Agreement as Depositor or its counsel may reasonably
            request; and

                  (vi) all other information, documents, certificates, or
            letters with respect to the Mortgage Loans or Seller and its
            Affiliates as are reasonably requested by Depositor in order for
            Depositor to perform any of it obligations or satisfy any of the
            conditions on its part to be performed or satisfied pursuant to any
            sale of Mortgage Loans by Depositor as contemplated herein.

            (c) Seller shall have performed or complied with all other terms and
conditions of this Agreement which it is required to perform or comply with at
or before the Closing and shall have the ability to perform or comply with all
duties, obligations, provisions and terms which it is required to perform or
comply with after the Closing.

            (d) Seller shall have delivered to the Trustee, on or before the
Closing Date, five limited powers of attorney in favor of the Trustee and
Special Servicer empowering the Trustee and, in the event of the failure or
incapacity of the Trustee, the Special Servicer, to record, at the expense of
Seller, any Mortgage Loan Documents required to be recorded and any intervening
assignments with evidence of recording thereon that are required to be included
in the Mortgage Files. Seller shall reasonably cooperate with the Trustee or the
applicable Special Servicer after the Closing Date, the Seller shall deliver to
the Trustee or the applicable Special Servicer, as applicable, the powers of
attorney described in the prior sentence in form and substance reasonably
acceptable to the requesting party.

            (e) The Seller shall have paid or caused to be paid upfront all the
annual fees of each Rating Agency allocable to the Mortgage Loans.

            Section 5. Seller's Conditions to Closing. The obligations of Seller
under this Agreement shall be subject to the satisfaction, on the Closing Date,
of the following conditions:

            (a) Each of the obligations of Depositor required to be performed by
it on or prior to the Closing Date pursuant to the terms of this Agreement shall
have been duly performed and complied with in all material respects; and all of
the representations and warranties of Depositor under this Agreement shall be
true and correct in all material respects as of the Closing Date; and no event
shall have occurred with respect to Depositor which, with notice or the passage
of time, would constitute a material default under this Agreement, and Seller
shall have received certificates to that effect signed by authorized officers of
Depositor.

            (b) Seller shall have received all of the following closing
documents, in such forms as are agreed upon and reasonably acceptable to Seller
and Depositor, duly executed by all signatories other than Seller, as required
pursuant to the respective terms thereof:

                  (i) an officer's certificate of Depositor, dated as of the
            Closing Date, with the resolutions of Depositor authorizing the
            transactions set forth therein, together with copies of the charter,
            by-laws and certificate of good standing dated as of a recent date
            of Depositor; and

                  (ii) such other certificates of its officers or others, such
            opinions of Depositor's counsel and such other documents required to
            evidence fulfillment of the conditions set forth in this Agreement
            as Seller or its counsel may reasonably request.

            (c) Depositor shall have performed or complied with all other terms
and conditions of this Agreement which it is required to perform or comply with
at or before the Closing and shall have the ability to perform or comply with
all duties, obligations, provisions and terms which it is required to perform or
comply with after Closing.

            Section 6. Representations and Warranties of Seller.

            (a) Seller represents and warrants to Depositor as of the date
hereof, as follows:

                  (i) Seller is duly organized and is validly existing as a
            corporation in good standing under the laws of the State of
            California. Seller has conducted and is conducting its business so
            as to comply in all material respects with all applicable statutes
            and regulations of regulatory bodies or agencies having jurisdiction
            over it, except where the failure so to comply would not have a
            materially adverse effect on the performance by Seller of this
            Agreement, and there is no charge, action, suit or proceeding before
            or by any court, regulatory authority or governmental agency or body
            pending or, to the knowledge of Seller, threatened, which is
            reasonably likely to materially and adversely affect the performance
            by Seller of this Agreement or the consummation of transactions
            contemplated by this Agreement.

                  (ii) Seller has the full power, authority and legal right to
            hold, transfer and convey the Mortgage Loans owned by it and to
            execute and deliver this Agreement (and all agreements and documents
            executed and delivered by Seller in connection herewith) and to
            perform all transactions of Seller contemplated by this Agreement
            (and all agreements and documents executed and delivered by Seller
            in connection herewith). Seller has duly authorized the execution,
            delivery and performance of this Agreement (and all agreements and
            documents executed and delivered by Seller in connection herewith),
            and has duly executed and delivered this Agreement (and all
            agreements and documents executed and delivered by Seller in
            connection herewith). This Agreement (and each agreement and
            document executed and delivered by Seller in connection herewith),
            assuming due authorization, execution and delivery thereof by each
            other party thereto, constitutes the legal, valid and binding
            obligation of Seller enforceable in accordance with its terms,
            except as such enforcement may be limited by bankruptcy, fraudulent
            transfer, insolvency, reorganization, receivership, moratorium or
            other laws relating to or affecting the rights of creditors
            generally, by general principles of equity (regardless of whether
            such enforcement is considered in a proceeding in equity or at law)
            and by considerations of public policy.

                  (iii) Neither the execution, delivery and performance of this
            Agreement, nor the fulfillment of or compliance with the terms and
            conditions of this Agreement by Seller, will (A) conflict with or
            result in a breach of any of the terms, conditions or provisions of
            Seller's articles or certificate of incorporation and bylaws or
            similar type organizational documents, as applicable; (B) conflict
            with, result in a breach of, or constitute a default or result in an
            acceleration under, any agreement or instrument to which Seller is
            now a party or by which it (or any of its properties) is bound if
            compliance therewith is necessary (1) to ensure the enforceability
            of this Agreement or (2) for Seller to perform its duties and
            obligations under this Agreement (or any agreement or document
            executed and delivered by Seller in connection herewith); (C)
            conflict with or result in a breach of any legal restriction if
            compliance therewith is necessary (1) to ensure the enforceability
            of this Agreement or (2) for Seller to perform its duties and
            obligations under this Agreement (or any agreement or document
            executed and delivered by Seller in connection herewith); (D) result
            in the violation of any law, rule, regulation, order, judgment or
            decree to which Seller or its property is subject if compliance
            therewith is necessary (1) to ensure the enforceability of this
            Agreement or (2) for Seller to perform its duties and obligations
            under this Agreement (or any agreement or document executed and
            delivered by Seller in connection herewith); or (E) result in the
            creation or imposition of any lien, charge or encumbrance that would
            have a material adverse effect upon Seller's ability to perform its
            duties and obligations under this Agreement (or any agreement or
            document executed and delivered by Seller in connection herewith),
            or materially impair the ability of Depositor to realize on the
            Mortgage Loans owned by Seller.

                  (iv) Seller is solvent and the sale of the Mortgage Loans (1)
            will not cause Seller to become insolvent and (2) is not intended by
            Seller to hinder, delay or defraud any of its present or future
            creditors. After giving effect to its transfer of the Mortgage
            Loans, as provided herein, the value of Seller's assets, either
            taken at their present fair saleable value or at fair valuation,
            will exceed the amount of Seller's debts and obligations, including
            contingent and unliquidated debts and obligations of Seller, and
            Seller will not be left with unreasonably small assets or capital
            with which to engage in and conduct its business. Seller does not
            intend to, and does not believe that it will, incur debts or
            obligations beyond its ability to pay such debts and obligations as
            they mature. No proceedings looking toward liquidation, dissolution
            or bankruptcy of Seller are pending or contemplated.

                  (v) No consent, approval, authorization or order of, or
            registration or filing with, or notice to, any court or governmental
            agency or body having jurisdiction or regulatory authority over
            Seller is required for (A) Seller's execution, delivery and
            performance of this Agreement (or any agreement or document executed
            and delivered by Seller in connection herewith), (B) Seller's
            transfer and assignment of the Mortgage Loans, or (C) the
            consummation by Seller of the transactions contemplated by this
            Agreement (or any agreement or document executed and delivered by
            Seller in connection herewith) or, to the extent so required, such
            consent, approval, authorization, order, registration, filing or
            notice has been obtained, made or given (as applicable), except for
            the filing or recording of assignments and other Mortgage Loan
            Documents contemplated by the terms of this Agreement and except
            that Seller may not be duly qualified to transact business as a
            foreign corporation or licensed in one or more states if such
            qualification or licensing is not necessary to ensure the
            enforceability of this Agreement (or any agreement or document
            executed and delivered by Seller in connection herewith).

                  (vi) In connection with its sale of the Mortgage Loans, Seller
            is receiving new value. The consideration received by Seller upon
            the sale of the Mortgage Loans owned by it constitutes at least fair
            consideration and reasonably equivalent value for the Mortgage
            Loans.

                  (vii) Seller does not believe, nor does it have any reason or
            cause to believe, that it cannot perform each and every covenant of
            Seller contained in this Agreement (or any agreement or document
            executed and delivered by Seller in connection herewith).

                  (viii) There are no actions, suits or proceedings pending or,
            to Seller's knowledge, threatened in writing against Seller which
            are reasonably likely to draw into question the validity of this
            Agreement (or any agreement or document executed and delivered by
            Seller in connection herewith) or which, either in any one instance
            or in the aggregate, are reasonably likely to materially impair the
            ability of Seller to perform its duties and obligations under this
            Agreement (or any agreement or document executed and delivered by
            Seller in connection herewith).

                  (ix) Seller's performance of its duties and obligations under
            this Agreement (and each agreement or document executed and
            delivered by Seller in connection herewith) is in the ordinary
            course of business of Seller and Seller's transfer, assignment and
            conveyance of the Mortgage Loans pursuant to this Agreement are not
            subject to the bulk transfer or similar statutory provisions in
            effect in any applicable jurisdiction. The Mortgage Loans do not
            constitute all or substantially all of Seller's assets.

                  (x) Seller has not dealt with any Person that may be entitled,
            by reason of any act or omission of Seller, to any commission or
            compensation in connection with the sale of the Mortgage Loans to
            Depositor hereunder except for (A) the reimbursement of expenses as
            described herein or otherwise in connection with the transactions
            described in Section 2 hereof and (B) the commissions or
            compensation owed to the Underwriters or the Initial Purchaser.

                  (xi) Seller is not in default or breach of any agreement or
            instrument to which Seller is now a party or by which it (or any of
            its properties) is bound which breach or default would materially
            and adversely affect the ability of Seller to perform its
            obligations under this Agreement.

                  (xii) The representations and warranties contained in Exhibit
            A hereto, subject to the exceptions to such representations and
            warranties set forth on Schedule V hereto, are true and correct in
            all material respects as of the date hereof with respect to the
            Mortgage Loans identified on Schedule II.

            (b) Seller hereby agrees that it shall be deemed to make, as of the
date of substitution, to and for the benefit of the Trustee as the holder of the
Mortgage Loan to be replaced, with respect to any replacement mortgage loan (a
"Replacement Mortgage Loan") that is substituted for a Mortgage Loan affected by
a Material Defect or a Material Breach, pursuant to Section 7 of this Agreement,
each of the representations and warranties set forth in Exhibit A hereto
(subject to exceptions disclosed at such time) (references therein to "Closing
Date" being deemed to be references to the "date of substitution" and references
therein to "Cut-off Date" being deemed to be references to the "most recent due
date for the subject Replacement Mortgage Loan on or before the date of
substitution"). From and after the date of substitution, each Replacement
Mortgage Loan, if any, shall be deemed to constitute a "Mortgage Loan" hereunder
for all purposes.

            Section 7. Obligations of Seller. Each of the representations and
warranties contained in or required to be made by Seller pursuant to Section 6
of this Agreement shall survive the sale of the Mortgage Loans and shall
continue in full force and effect, notwithstanding any restrictive or qualified
endorsement on the Notes and notwithstanding subsequent termination of this
Agreement or the Pooling and Servicing Agreement. The representations and
warranties contained in or required to be made by Seller pursuant to Section 6
of this Agreement shall not be impaired by any review or examination of the
Mortgage Files or other documents evidencing or relating to the Mortgage Loans
or any failure on the part of Depositor to review or examine such documents and
shall inure to the benefit of the initial transferee of the Mortgage Loans from
Depositor including, without limitation, the Trustee for the benefit of the
Holders of the Certificates, notwithstanding (1) any restrictive or qualified
endorsement on any Note, assignment of Mortgage or reassignment of Assignment of
Leases or (2) any termination of this Agreement prior to the Closing, but shall
not inure to the benefit of any subsequent transferee thereafter.

            If Seller receives notice of a breach of any of the representations
or warranties made by Seller with respect to the Mortgage Loans, as of the date
hereof in Section 6(a)(xii) or as of the Closing Date pursuant to Section
4(b)(iii) (in either case, subject to the exceptions to such representations and
warranties set forth in the Schedule V) or with respect to any Replacement
Mortgage Loan, as of the date of substitution pursuant to Section 6(b) (in any
such case, a "Breach"), or receives notice that (a) any document required to be
included in the Mortgage File related to any Mortgage Loan is not in the
Trustee's (or its designee's) possession within the time period required herein
or (b) such document has not been properly executed or is otherwise defective on
its face (clause (a) and clause (b) each, a "Defect" (which term shall include
the "Defects" detailed in the immediately following paragraph) in the related
Mortgage File), and if such Breach or Defect, as the case may be, materially and
adversely affects or is deemed hereby to materially and adversely affect, the
value of the related Mortgage Loan or any successor REO Loan or the interests of
any class of Certificateholders (any Breach or Defect that materially and
adversely affects the value of the related Mortgage Loan or the interests of any
class of Certificateholders, a "Material Breach" or a "Material Defect",
respectively), then the Seller shall, upon written request of Depositor, the
Trustee, the applicable Master Servicer or the applicable Special Servicer, not
later than 90 days after the receipt by Seller of such written request (subject
to the second succeeding paragraph, the "Initial Resolution Period"): (i) cure
such Material Breach or Material Defect, as the case may be, in all material
respects; (ii) repurchase the affected Mortgage Loan at the applicable Purchase
Price (as defined in the Pooling and Servicing Agreement); or (iii) substitute,
in accordance with the Pooling and Servicing Agreement, one or more Qualified
Substitute Mortgage Loans (as defined in the Pooling and Servicing Agreement)
for such affected Mortgage Loan (provided that in no event shall any
substitution occur later than the second anniversary of the Closing Date) and
pay the applicable Master Servicer for deposit into the applicable Collection
Account any Substitution Shortfall Amount (as defined in the Pooling and
Servicing Agreement) in connection therewith; provided, however, that if (i)
such Material Breach or Material Defect is capable of being cured but not within
the Initial Resolution Period, (ii) such Material Breach or Material Defect does
not cause the related Mortgage Loan not to be a "qualified mortgage" (within the
meaning of Section 860G(a)(3) of the Code), (iii) Seller has commenced and is
diligently proceeding with the cure of such Material Breach or Material Defect
within the Initial Resolution Period and (iv) Seller has delivered to the Rating
Agencies, the applicable Master Servicer, the applicable Special Servicer and
the Trustee an Officer's Certificate that describes the reasons that the cure
was not effected within the Initial Resolution Period and the actions that it
proposes to take to effect the cure and that states that it anticipates the cure
will be effected within the additional 90-day period, then Seller shall have an
additional 90 days to cure such Material Defect or Material Breach. If any
Breach pertains to representation 39 set forth on Exhibit A hereto, that the
related Mortgage Loan Documents require the related Borrower to bear the
reasonable costs and expenses associated with defeasance or assumption of the
Mortgage Loan, then Seller shall cure such Breach within the Initial Resolution
Period by reimbursing the Trust Fund (by wire transfer of immediately available
funds) the reasonable amount of any such costs and expenses incurred by the
applicable Master Servicer, the applicable Special Servicer, the Trustee or the
Trust Fund that are the basis of such Breach and have not been reimbursed by the
related Borrower; provided, however, that in the event any such costs and
expenses exceed $10,000, Seller shall have the option to either repurchase the
related Mortgage Loan at the applicable Purchase Price, replace such Mortgage
Loan and pay any applicable Substitution Shortfall Amount or pay such costs and
expenses. Except as provided in the proviso to the immediately preceding
sentence, Seller shall remit the amount of such costs and expenses and upon its
making such remittance, Seller shall be deemed to have cured such Breach in all
respects. Provided such payment is made, the second preceding sentence describes
the sole remedy available to the Certificateholders and the Trustee on their
behalf regarding any such Breach, and Seller shall not be obligated to
repurchase, substitute or otherwise cure such Breach under any circumstances.
With respect to any repurchase of a Mortgage Loan hereunder or any substitution
of one or more Qualified Substitute Mortgage Loans for a Mortgage Loan
hereunder, (A) no such substitution may be made in any calendar month after the
Determination Date for such month; (B) scheduled payments of principal and
interest due with respect to the Qualified Substitute Mortgage Loan(s) after the
month of substitution, and scheduled payments of principal and interest due with
respect to each Mortgage Loan being repurchased or replaced after the related
Cut-off Date and received by the applicable Master Servicer or the applicable
Special Servicer on behalf of the Trust on or prior to the related date of
repurchase or substitution, shall be part of the Trust Fund; and (C) scheduled
payments of principal and interest due with respect to each such Qualified
Substitute Mortgage Loan on or prior to the Due Date in the month of
substitution, and scheduled payments of principal and interest due with respect
to each Mortgage Loan being repurchased or replaced and received by the
applicable Master Servicer or the applicable Special Servicer on behalf of the
Trust after the related date of repurchase or substitution, shall not be part of
the Trust Fund, and Seller (or, if applicable, any person effecting the related
repurchase or substitution in the place of Seller) shall be entitled to receive
such payments promptly following receipt by the applicable Master Servicer or
the applicable Special Servicer, as applicable, under the Pooling and Servicing
Agreement.

            Any of the following will cause a document in the Mortgage File to
be deemed to have a "Material Defect": (a) the absence from the Mortgage File of
the original signed Note, unless the Mortgage File contains a signed lost note
affidavit and indemnity; (b) the absence from the Mortgage File of the original
signed Mortgage, unless there is included in the Mortgage File a certified copy
of the Mortgage as recorded or as sent for recordation, together with a
certificate stating that the original signed Mortgage was sent for recordation,
or a copy of the Mortgage and the related recording information; (c) the absence
from the Mortgage File of the item called for by clause (i) of the definition of
Mortgage File in Section 3; (d) the absence from the Mortgage File of any
intervening assignments required to create an effective assignment to the
Trustee on behalf of the Trust, unless there is included in the Mortgage File a
certified copy of the intervening assignment as recorded or as sent for
recordation, together with a certificate stating that the original intervening
assignment was sent for recordation, or a copy of the intervening assignment and
the related recording information; or (e) the absence from the Mortgage File of
any required original letter of credit (unless such original has been delivered
to the applicable Master Servicer and copy thereof is part of the Mortgage
File), provided that such Defect may be cured by any substitute letter of credit
or cash reserve on behalf of the related Borrower; or (f) the absence from the
Mortgage File of the original or a copy of any required ground lease.
Notwithstanding anything herein to the contrary, the failure to include a
document checklist in a Mortgage File shall in no event constitute a Material
Defect.

            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)
shall be deemed a "Material Defect" or "Material Breach," as applicable, and the
Initial Resolution Period for the affected Mortgage Loan shall be 90 days
following the earlier of Seller's receipt of notice pursuant to this Section 7
or its discovery of such Defect or Breach (which period shall not be subject to
extension).

            If Seller does not, as required by this Section 7, correct or cure a
Material Breach or a Material Defect in all material respects within the
applicable Initial Resolution Period (as extended pursuant to this Section 7),
or if such Material Breach or Material Defect is not capable of being so
corrected or cured within such period, then Seller shall repurchase or
substitute for the affected Mortgage Loan as provided in this Section 7. If (i)
any Mortgage Loan is required to be repurchased or substituted for as provided
above, (ii) such Mortgage Loan is a Crossed Mortgage Loan that is a part of a
Mortgage Group (as defined below) and (iii) the applicable Breach or Defect does
not constitute a Breach or Defect, as the case may be, as to any other Crossed
Mortgage Loan in such Mortgage Group (without regard to this paragraph), then
the applicable Breach or Defect, as the case may be, will be deemed to
constitute a Breach or Defect, as the case may be, as to any other Crossed
Mortgage Loan in the Mortgage Group for purposes of the above provisions, and
Seller will be required to repurchase or substitute for such other Crossed
Mortgage Loan(s) in the related Mortgage Group in accordance with the provisions
of this Section 7 unless the Crossed Mortgage Loan Repurchase Criteria would be
satisfied if Seller were to repurchase or substitute for only the affected
Crossed Mortgage Loans as to which a Material Breach or Material Defect had
occurred without regard to this paragraph, and in the case of either such
repurchase or substitution, all of the other requirements set forth in the
Pooling and Servicing Agreement applicable to a repurchase or substitution, as
the case may be, would be so satisfied. In the event that one or more of such
other Crossed Mortgage Loans satisfy the Crossed Mortgage Loan Repurchase
Criteria, Seller may elect either to repurchase or substitute for only the
affected Crossed Mortgage Loan as to which the related Breach or Defect exists
or to repurchase or substitute for all of the Crossed Mortgage Loans in the
related Mortgage Group. Seller shall be responsible for the cost of any
Appraisal required to be obtained by the applicable Master Servicer to determine
if the Crossed Mortgage Loan Repurchase Criteria have been satisfied, so long as
the scope and cost of such Appraisal has been approved by Seller (such approval
not to be unreasonably withheld). For purposes of this paragraph, a "Mortgage
Group" is any group of Mortgage Loans identified as a Mortgage Group on Schedule
III to this Agreement.

            Notwithstanding the foregoing, if there is a Material Breach or
Material Defect with respect to one or more Mortgaged Properties (but not all of
the Mortgaged Properties) with respect to a Mortgage Loan, Seller will not be
obligated to repurchase or substitute for the entire Mortgage Loan if the
affected Mortgaged Property may, pursuant to the partial release provisions in
the related Mortgage Loan Documents, be released and the Mortgaged Property
remaining after such release satisfies the requirements, if any, set forth in
the Mortgage Loan Documents and (i) Seller provides an opinion of counsel to the
effect that such partial release would not cause an Adverse REMIC Event (as
defined in the Pooling and Servicing Agreement) to occur, (ii) Seller pays (or
causes to be paid) the applicable release price required under the Mortgage Loan
Documents and, to the extent not reimbursable out of the release price pursuant
to the related Mortgage Loan Documents, any additional amounts necessary to
cover all reasonable out-of-pocket expenses reasonably incurred by the
applicable Master Servicer, the applicable Special Servicer, the Trustee or the
Trust Fund in connection therewith, including any unreimbursed advances and
interest thereon made with respect to the Mortgaged Property that is being
released and (iii) such cure by release of such Mortgaged Property is effected
within the time periods specified for cure of a Material Breach or Material
Defect in this Section 7.

            The Purchase Price or Substitution Shortfall Amount for any
repurchased or substituted Mortgage Loan shall be payable to Depositor or,
subsequent to the assignment of the Mortgage Loans to the Trustee, the Trustee
as its assignee, by wire transfer of immediately available funds to the account
designated by Depositor or the Trustee, as the case may be, and Depositor or the
Trustee, as the case may be, upon receipt of such funds (and, in the case of a
substitution, the Mortgage File(s) for the related Qualified Substitute Mortgage
Loans(s)), shall promptly release the related Mortgage File and Servicer File
(and all other documents pertaining to such Mortgage Loan possessed by the
Depositor or the Trustee, as applicable, or on its behalf, but excluding any
draft documents, attorney/client privileged communications and documents
prepared by the Depositor or the Trustee (or by the Master Servicer or the
Special Servicer on behalf of the Trust), as applicable, or any of its
Affiliates solely for internal communication) or cause them to be released, to
Seller and shall execute and deliver such instruments of transfer, endorsement
or assignment as shall be necessary to vest in Seller the legal and beneficial
ownership of such Mortgage Loan (including any property acquired in respect
thereof or proceeds of any insurance policy with respect thereto) and the
related Mortgage Loan Documents and shall deliver to Seller any escrow payments
and reserve funds held by it, or on its behalf, with respect to such repurchased
or replaced Mortgage Loan.

            It is understood and agreed that the obligations of Seller set forth
in this Section 7 constitute the sole remedies available to Depositor and its
successors and assigns against Seller respecting any Breach or Defect affecting
a Mortgage Loan.

            Section 8. Crossed Mortgage Loans. With respect to any Crossed
Mortgage Loan conveyed hereunder, to the extent that Seller repurchases or
substitutes for an affected Crossed Mortgage Loan in the manner prescribed above
while the Trustee continues to hold any related Crossed Mortgage Loans, Seller
and Depositor (on behalf of its successors and assigns) agree to modify upon
such repurchase or substitution, the related Mortgage Loan Documents in a manner
such that such affected Crossed Mortgage Loan repurchased or substituted by
Seller, on the one hand, and any related Crossed Mortgage Loans still held by
the Trustee, on the other, would no longer be cross-defaulted or
cross-collateralized with one another; provided that Seller shall have furnished
the Trustee, at Seller's expense, with an Opinion of Counsel that such
modification shall not cause an Adverse REMIC Event; and provided, further, that
if such Opinion of Counsel cannot be furnished, Seller and Depositor hereby
agree that such repurchase or substitution of only the affected Crossed Mortgage
Loans, notwithstanding anything to the contrary herein, shall not be permitted.
Any reserve or other cash collateral or letters of credit securing the subject
Crossed Mortgage Loans shall be allocated between such Mortgage Loans in
accordance with the Mortgage Loan Documents. All other terms of the Mortgage
Loans shall remain in full force and effect, without any modification thereof.

            Section 9. Rating Agency Fees; Costs and Expenses Associated with a
Defeasance. The Seller shall pay all Rating Agency fees associated with an
assumption of a Mortgage Loan to the extent such fees have not been paid by the
related Borrower and such Borrower is not required to pay them under the terms
of the related Mortgage Loan Documents in effect on or before the Closing Date,
the payment of which fees shall constitute the sole remedy of any breach by a
Seller of representation (39) set forth on Exhibit A hereto unless the Seller
elects to repurchase or substitute for such Mortgage Loan in accordance with the
second paragraph of Section 7. The Seller shall pay all reasonable costs and
expenses associated with a defeasance of a Mortgage Loan to the extent such
costs and expenses have not been paid by the related Borrower and such Borrower
is not required to pay them under the terms of the related Mortgage Loan
Documents in effect on or before the Closing Date, the payment of which fees
shall constitute the sole remedy of any breach by a Seller of representation
(39) set forth on Exhibit A hereto unless the Seller elects to repurchase or
substitute for such Mortgage Loan in accordance with the second paragraph of
Section 7.

            Section 10. Representations and Warranties of Depositor. Depositor
hereby represents and warrants to Seller as of the date hereof, as follows:

            (a) Depositor is duly organized and is validly existing as a
corporation in good standing under the laws of the State of Delaware, with full
corporate power and authority to own its assets and conduct its business as it
is conducted, and is duly qualified as a foreign corporation in good standing in
all jurisdictions in which the ownership or lease of its property or the conduct
of its business requires such qualification (except where the failure to qualify
would not have a materially adverse effect on the consummation of any
transactions contemplated by this Agreement).

            (b) The execution and delivery by Depositor of this Agreement and
the performance of Depositor's obligations hereunder are within the corporate
power of Depositor and have been duly authorized by Depositor and neither the
execution and delivery by Depositor of this Agreement nor the compliance by
Depositor with the provisions hereof, nor the consummation by Depositor of the
transactions contemplated by this Agreement, will (i) conflict with or result in
a breach of, or constitute a default under, the certificate of incorporation or
by-laws of Depositor or, after giving effect to the consents or taking of the
actions contemplated by clause (ii) of this paragraph (b), any of the provisions
of any law, governmental rule, regulation, judgment, decree or order binding on
Depositor or its properties, or any of the provisions of any material indenture
or mortgage or any other material contract or other instrument to which
Depositor is a party or by which it is bound or result in the creation or
imposition of any lien, charge or encumbrance upon any of its properties
pursuant to the terms of any such indenture, mortgage, contract or other
instrument or (ii) require any consent of, notice to, or filing with any person,
entity or governmental body, which has not been obtained or made by Depositor,
except where, in any of the instances contemplated by clause (i) above or this
clause (ii), the failure to do so will not have a material and adverse effect on
the consummation of any transactions contemplated by this Agreement.

            (c) This Agreement has been duly executed and delivered by Depositor
and this Agreement constitutes a legal, valid and binding instrument,
enforceable against Depositor in accordance with its terms, subject, as to the
enforcement of remedies, to applicable bankruptcy, reorganization, insolvency,
moratorium and other laws affecting the rights of creditors generally and to
general principles of equity and the discretion of the court (regardless of
whether enforcement of such remedies is considered in a proceeding in equity or
at law) and, as to rights of indemnification hereunder, subject to limitations
of public policy under applicable securities laws.

            (d) There is no litigation, charge, investigation, action, suit or
proceeding by or before any court, regulatory authority or governmental agency
or body pending or, to the knowledge of Depositor, threatened against Depositor
the outcome of which could be reasonably expected to materially and adversely
affect the consummation of any transactions contemplated by this Agreement.

            Section 11. Survival of Certain Representations, Warranties and
Covenants. The respective representations and warranties set forth in or made
pursuant to this Agreement, and the respective obligations of the parties hereto
under Sections 7 and 13 of this Agreement, will remain in full force and effect,
regardless of any investigation or statement as to the result thereof made by or
on behalf of any party and will survive payment for the various transfers
referred to herein and delivery of the Certificates or termination of this
Agreement.

            Section 12. Transaction Expenses. In connection with the Closing
(and unless otherwise expressly provided herein, including, without limitation,
in Section 13 of this Agreement), Seller shall be responsible for the fees and
expenses of its own counsel, and Depositor and Seller agree to pay the other
transaction expenses incurred in connection with the transactions herein
contemplated as set forth in the Closing Statement (or, if not covered thereby,
shall be paid by the party incurring the subject expense).

            Section 13. Recording Costs and Expenses. Seller agrees to reimburse
the Trustee or its designee all recording and filing fees and expenses incurred
by the Trustee or its designee in connection with the recording or filing of the
Mortgage Loan Documents listed in Section 3 of this Agreement, including
Assignments. In the event Seller elects to engage a third-party contractor to
prepare, complete, file and record Assignments with respect to Mortgage Loans as
provided in Section 3 of this Agreement, Seller shall contract directly with
such contractor and shall be responsible for such contractor's compensation and
reimbursement of recording and filing fees and other reimbursable expenses
pursuant to their agreement.

            Section 14. Notices. All demands, notices and communications
hereunder shall be in writing and effective only upon receipt, and, (a) if sent
to Depositor, will be mailed, delivered or telecopied and confirmed to it at
Credit Suisse First Boston Mortgage Securities Corp., 11 Madison Avenue, 5th
Floor, New York, New York 10010, Attention: Edmund Taylor, Telecopy No.: (212)
743-4756 (with a copy to Casey McCutcheon, Esq., Legal & Compliance Department,
Telecopy No.: (917) 326-8433), or such other address or telecopy number as may
be designated by Depositor to Seller in writing, or (b) if sent to Seller, will
be mailed, delivered or telecopied and confirmed to it at GMAC Commercial
Mortgage Corporation, 200 Witmer Road, Horsham, Pennsylvania 19044, Attention:
David M. Lazarus, Telecopy No.: (215) 328-1775, or such other address or
telecopy number as may be designated by Seller to Depositor in writing.

            Section 15. Examination of Mortgage Files. Upon reasonable notice,
Seller, prior to the Closing Date, will make the Mortgage Files available to
Depositor or its agent for examination during normal business hours at Seller's
offices or such other location as shall otherwise be agreed upon by Depositor
and Seller. The fact that Depositor or its agent has conducted or has failed to
conduct any partial or complete examination of the Mortgage Files shall not
affect the rights of Depositor or the Trustee (for the benefit of the
Certificateholders) to demand cure, repurchase, or other relief as provided
herein.

            Section 16. Successors. This Agreement shall inure to the benefit of
and shall be binding upon Seller and Depositor and their respective successors
and, permitted assigns and nothing expressed in this Agreement is intended or
shall be construed to give any other Person any legal or equitable right, remedy
or claim under or in respect of this Agreement, or any provisions herein
contained, this Agreement and all conditions and provisions hereof being
intended to be and being for the sole and exclusive benefit of such designated
Persons and for the benefit of no other Person; it being understood that the
rights of Depositor pursuant to this Agreement, subject to all limitations
herein contained, including those set forth in Section 7 of this Agreement, may
be assigned to the Trustee, for benefit of the Certificateholders, as may be
required to effect the purposes of the Pooling and Servicing Agreement and, upon
such assignment, the Trustee shall succeed to such rights of Depositor
hereunder; provided that the Trustee shall have no right to further assign such
rights to any other Person. 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.

            Section 17. Governing Law. THIS AGREEMENT SHALL BE GOVERNED AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO
AGREEMENTS TO BE MADE AND PERFORMED ENTIRELY WITHIN SUCH STATE WITHOUT GIVING
EFFECT TO CHOICE OF LAW PRINCIPLES.

            Section 18. Severability. If any provision of this Agreement shall
be prohibited or invalid under applicable law, this Agreement shall be
ineffective only to such extent, without invalidating the remainder of this
Agreement.

            Section 19. Further Assurances. Depositor and Seller agree to
execute and deliver such instruments and take such actions as the other party
may, from time to time, reasonably request in order to effectuate the purpose
and to carry out the terms of this Agreement.

            Section 20. Counterparts. This Agreement may be executed in
counterparts (and by each of the parties hereto on different counterparts), each
of which when so executed and delivered will be an original, and all of which
together will be deemed to constitute but one and the same instrument.

            Section 21. Treatment as Security Agreement. It is the express
intent of the parties hereto that the conveyance of the Mortgage Loans by Seller
to Depositor as provided in this Agreement be, and be construed as, a sale of
the Mortgage Loans by Seller to Depositor. It is, further, not the intention of
the parties that such conveyance be deemed a pledge of the Mortgage Loans by
Seller to Depositor to secure a debt or other obligation of Seller. However, in
the event that, notwithstanding the intent of the parties, the Mortgage Loans
are held to be property of Seller or if for any reason this Agreement is held or
deemed to create a security interest in the Mortgage Loans:

            (a) this Agreement shall hereby create a security agreement within
the meaning of Articles 8 and 9 of the Uniform Commercial Code in effect in the
applicable state;

            (b) the conveyance provided for in this Agreement shall hereby grant
from Seller to Depositor a security interest in and to all of Seller's right,
title, and interest, whether now owned or hereafter acquired, in and to:

                  (i) all accounts, contract rights (including any guarantees),
            general intangibles, chattel paper, instruments, documents, money,
            deposit accounts, certificates of deposit, goods, letters of credit,
            advices of credit and investment property consisting of, arising
            from or relating to any of the property described in the Mortgage
            Loans, including the related Notes, Mortgages and title, hazard and
            other insurance policies, identified on the Mortgage Loan Schedule
            or that constitute Replacement Mortgage Loans, and all distributions
            with respect thereto payable after the Cut-off Date;

                  (ii) all accounts, contract rights, general intangibles,
            chattel paper, instruments, documents, money, deposit accounts,
            certificates of deposit, goods, letters of credit, advices of credit
            and investment property arising from or by virtue of the disposition
            of, or collections with respect to, or insurance proceeds payable
            with respect to, or claims against other persons with respect to,
            all or any part of the collateral described in clause (i) above
            (including any accrued discount realized on liquidation of any
            investment purchased at a discount), in each case, payable after the
            Cut-off Date; and

                  (iii) all cash and non-cash proceeds of the collateral
            described in clauses (i) and (ii) above payable after the Cut-off
            Date;

            (c) the possession by Depositor or its assignee of the Notes and
such other goods, letters of credit, advices of credit, instruments, money,
documents, chattel paper or certificated securities shall be deemed to be
possession by the secured party or possession by a purchaser or a person
designated by him or her, for purposes of perfecting the security interest
pursuant to the Uniform Commercial Code (including, without limitation, Sections
9-306, 9-313 and 9-314 thereof) as in force in the relevant jurisdiction;

            (d) notifications to persons holding such property, and
acknowledgments, receipts, confirmations from persons holding such property,
shall be deemed to be notifications to, or acknowledgments, receipts or
confirmations from, securities intermediaries, bailees or agents of, or persons
holding for (as applicable), Depositor or its assignee for the purpose of
perfecting such security interest under applicable law; and

            (e) Seller at the direction of Depositor or its assignee, shall, to
the extent consistent with this Agreement, take such actions as may be necessary
to ensure that, if this Agreement were deemed to create a security interest in
the Mortgage Loans and the proceeds thereof, such security interest would be a
perfected security interest of first priority under applicable law and will be
maintained as such throughout the term of this Agreement. In connection
herewith, Depositor and its assignee shall have all of the rights and remedies
of a secured party and creditor under the Uniform Commercial Code as in force in
the relevant jurisdiction and may prepare and file such UCC Financing Statements
as may be necessary or appropriate to accomplish the foregoing.

            Section 22. Recordation of Agreement. To the extent permitted by
applicable law, this Agreement is subject to recordation following the Closing
Date in all appropriate public offices for real property records in all the
counties or other comparable jurisdictions in which any or all of the properties
subject to the Mortgages are situated, and in any other appropriate public
recording office or elsewhere, such recordation to be effected by Seller at
Seller's expense at the direction of Depositor accompanied by an Opinion of
Counsel to the effect that such recordation materially and beneficially affects
the interests of Depositor.

                                    * * *

<PAGE>

            IN WITNESS WHEREOF, the parties hereto have caused this Mortgage
Loan Purchase Agreement to be duly executed and delivered as the date first
above written.

                                       GMAC COMMERCIAL MORTGAGE CORPORATION.,
                                       as Seller

                                       By:
                                          ------------------------------------
                                          Name:
                                          Title:

                                       CREDIT SUISSE FIRST BOSTON MORTGAGE
                                       SECURITIES CORP.,
                                       as Depositor

                                       By:
                                          ------------------------------------
                                          Name:
                                          Title:

<PAGE>

                                                                      SCHEDULE I

                          SCHEDULE OF TRANSACTION TERMS

            This Schedule of Transaction Terms is appended to and incorporated
by reference in the Mortgage Loan Purchase Agreement (the "Agreement"), dated as
of November 1, 2005, between GMAC Commercial Mortgage Corporation. (the
"Seller") and Credit Suisse First Boston Mortgage Securities Corp (the
"Depositor"). Capitalized terms used herein without definition have the meanings
given them in or by reference in the Agreement or, if not defined in the
Agreement, in the Pooling and Servicing Agreement.

            "Affiliate" means with respect to any specified Person, any other
Person controlling or controlled by or under common control with such specified
Person.

            "Assignments" shall have the meaning given such term in Section 3 of
this Agreement.

            "Borrower" means the borrower under a Mortgage Loan.

            "Breach" shall have the meaning given such term in Section 7 of this
Agreement.

            "CBA Mortgage Loan" means any Mortgage Loan that constitutes a "CBA
A Loan" under the Pooling and Servicing Agreement.

            "Certificate Purchase Agreement" means the Certificate Purchase
Agreement, dated October 26, 2005, between Depositor and the Initial Purchaser.

            "Certificates" means the Credit Suisse First Boston Mortgage
Securities Corp., Commercial Mortgage Pass-Through Certificates, Series 2005-C5,
issued in multiple classes.

            "Closing" shall have the meaning given that term in Section 2 of
this Agreement.

            "Closing Date" means November 9, 2005.

            "Closing Statement" means the closing statement dated as of the
Closing Date and signed by, among others, the parties to this Agreement.

            "Code" means the Internal Revenue Code of 1986, as amended.

            "Crossed Mortgage Loan" means any Mortgage Loan which is
cross-defaulted and cross-collateralized with any other Mortgage Loan.

            "Cut-off Date" means, individually and collectively, the applicable
Due Dates for the respective Mortgage Loans occurring in November 2005 (or with
respect to Mortgage Loans which had closing/funding dates in November 2005, the
respective closing/funding dates of such Mortgage Loans).

            "Defect" shall have the meaning given such term in Section 7 of this
Agreement.

            "Environmental Report" means the environmental audit report with
respect to each Mortgaged Property delivered to Seller in connection with the
related Mortgage, if any.

            "Exception Report" means the exceptions with respect to the
representations and warranties made by Seller as to the Mortgage Loans in
Section 6(a)(xii) and under the written certificate described in Section
4(b)(iii) of this Agreement, which exceptions are set forth in Schedule V
attached hereto and made a part hereof.

            "Initial Purchaser" means Credit Suisse First Boston LLC.

            "Initial Resolution Period" shall have the meaning given such term
in Section 7 of this Agreement.

            "Loan Agreement" means, with respect to any Mortgage Loan, the loan
agreement, if any, between the related Mortgage Loan Originator and the related
Borrower, pursuant to which such Mortgage Loan was made.

            "Material Breach" shall have the meaning given such term in Section
7 of this Agreement.

            "Material Defect" shall have the meaning given such term in Section
7 of this Agreement.

            "Mortgage File" means, collectively, the documents and instruments
pertaining to a Mortgage Loan required to be included in the related Mortgage
File pursuant to Section 3 of this Agreement (subject to the first proviso in
Section 1 of this Agreement).

            "Mortgage Group" shall have the meaning given such term in Section 7
of this Agreement.

            "Mortgage Loan" and "Mortgage Loans" shall have the respective
meanings given such terms in Recital II of this Agreement.

            "Mortgage Loan Documents" means, collectively, the documents and
instruments pertaining to a Mortgage Loan to be included in either the related
Mortgage File or the related Servicer File.

            "Mortgage Loan Originator" means any institution which originated a
Mortgage Loan for a related Borrower.

            "Mortgage Loan Purchase Price" means the amount described in Section
2 of this Agreement.

            "Mortgage Loan Schedule" shall have the meaning given such term in
Recital II of this Agreement.

            "Offering Circular" means the confidential offering circular dated
October 26, 2005, describing certain classes of the Private Certificates.

            "Pooling and Servicing Agreement" means the Pooling and Servicing
Agreement creating the Trust Fund and the interests therein, dated as of
November 1, 2005, among Depositor, the Master Servicers, the Special Servicers
and the Trustee, including, without limitation, the exhibits and schedules
annexed thereto.

            "Primary Collateral" means with respect to any Crossed Mortgage
Loan, that portion of the Mortgaged Property designated as directly securing
such Crossed Mortgage Loan and excluding any Mortgaged Property as to which the
related lien may only be foreclosed upon by exercise of the
cross-collateralization provisions of such Crossed Mortgage Loan.

            "Private Certificates" means the Certificates that are not Publicly
Offered Certificates.

            "Prospectus" means the Prospectus dated October 14, 2005, that is a
part of Depositor's registration statement on Form S-3 (File No. 333-121904).

            "Prospectus Supplement" means the Prospectus Supplement, dated
October 26, 2005, relating to the Publicly Offered Certificates.

            "Publicly Offered Certificates" means the Class A-1, Class A-2,
Class A-3, Class A-AB, Class A-3, Class A-4, Class A-1-A, Class A-M, Class A-J,
Class B, Class C, Class D, Class E and Class F Certificates.

            "Servicer File" means, collectively, all documents, records and
copies pertaining to a Mortgage Loan which are required to be included in the
related Servicer File pursuant to Section 3.

            "Trust Fund" shall have the meaning given such term in Recital II of
this Agreement.

            "Trustee" shall have the meaning given such term in Section 1 of
this Agreement.

            "Underwriters" means Credit Suisse First Boston LLC, GMAC Commercial
Holding Capital Markets Corp., Bank of America Securities LLC, Deutsche Bank
Securities Inc. and Wachovia Capital Markets, LLC.

            "Underwriting Agreement" means the Underwriting Agreement, dated
October 26, 2005, between Depositor and the Underwriters.

<PAGE>

                                  SCHEDULE II

                             MORTGAGE LOAN SCHEDULE

                                 [see attached]

<TABLE>
<CAPTION>
Credit Suisse First Boston Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates Series 2005-C5

 #      Crossed   Property Name                                                                                Address
----------------------------------------------------------------------------------------------------------------------------------
<S>    <C>                                                                 <C>
 4      Palmer Center                                                       2 North through 90 South Cascade Avenue
 5      120 Wall Street                                                     120 Wall Street
 7      Silver Portfolio-Kimco                                              Various
11      Valley Forge Office Center                                          530 and 580 Swedesford Road
13      Centergy Office                                                     75 Fifth Street Northwest
19      Renaissance Hotel Boca Raton & Marriott Fort Lauderdale North       Various
25      Saddle Creek Apartments                                             43398 Citation Drive
28      Ventana Apartments                                                  11020 Huebner Oaks
29      Marlton Square                                                      300 Route 73 South
38      Independence Village - Peoria                                       1201 West Northmoor
39      Independence Village - Winston Salem                                2945 Reynolda Road
42      Polo Club                                                           39352 Polo Club Drive
45      Cedar Run Apartments                                                888 South Oneida Street
49      Hilton Suites Anaheim                                               400 North State College Boulevard
53      Leafstone Apartments                                                10100 Brown Bridge Road
54      Peckham Square                                                      3750 Kietzke Lane
56      The Ashford at Stone Ridge                                          1048 Flat Shoals Road
59      Plaza at Williams Centre                                            5340 - 5480 East Broadway Boulevard
60      Covington Plaza                                                     731 East Union Hills Road
61      River Place Apartments                                              4501 Old Caldwell Mill Road
62      La Habra Business Center and Tuff Guy Storage                       1020-1160 South Cypress Street
65      Topanga Portfolio                                                   Various
68      Atrium Office Park                                                  851-865 Southwest 78th Avenue
72      Grande Apartments                                                   240 West Sumner Avenue
74      Rendina - Southpointe Medical Center                                600 South Pine Island Road
81      Murphy Canyon Office Building                                       4995 Murphy Canyon Road
84      Residence Inn - Franklin                                            4 Forge Parkway
86      Country Club Plaza                                                  1701 Legacy Drive
90      Residence Inn by Marriott - Novi                                    27477 Cabaret Drive
93      Residence Inn by Marriott - Weston                                  2605 Weston Road
94      Main Place Shopping Center                                          1800 South Main Street
111     Edinburg Regional Medical Plaza I                                   4302 South Sugar Road
113     Towne Place Suites by Marriott - Orlando                            11801 High Tech Avenue
114     Klein MF Portfolio (Quail and Greentree)                            Various
117     Quail Pointe Apartments                                             1010 Henderson Road
119     Tempe St. Luke's Office Building                                    1492 South Mill Avenue
122     Springhill Suites - Southfield                                      28555 Northwestern Highway
123     North Rivers Business Center                                        2070 Northbrook Boulevard
130     1120 Nasa                                                           1120 Nasa Road One
131     Tower Park                                                          1601 Holleman Drive
132     Redbird Village                                                     4343 West Camp Wisdom Road
136     Beverly Wilshire Retail                                             Various
137     JFK Medical Pavilion I                                              8188 Jog Road
139     Courtyard by Marriott - Grand Rapids Airport                        4741 28th Street Southeast
142     Chefalo Self Storage                                                24801 Industrial Boulevard
145     Fairfield Inn by Marriott - Fort Myers                              7090 Cypress Terrace
153     Walgreens (Missouri, TX)                                            4042 Lake Shore Harbour Boulevard
154     West Oxmoor Tower                                                   11 West Oxmoor Road
161     Walgreens (Statesboro)                                              516 Northside Drive East
166     Holiday Inn Express - Hialeah                                       6650 West 20th Avenue
167     Walgreens (New Braunfels)                                           1210 North Business IH-35
168     8700 Commerce Park                                                  8700 Commerce Park Drive
169     Garden Village Apartments                                           2000 North Mattis Avenue
172     Reddington El Paso Office                                           6070 Gateway Boulevard East
173     Crossroads Plaza                                                    5025 and 5035 South Fort Apache Road
177     Lake Crest Plaza                                                    2341 John Hawkins Parkway
186     Madison Avenue Home Center                                          27230 Madison Avenue
187     Congress Professional Center I                                      1640 South Congress Avenue
188     213 Summerhill Road                                                 213 Summerhill Road
195     Sinking Spring Marketplace                                          SR Route 422 and Krick Lane
196     5450 Northwest Central                                              5450 Northwest Central Drive
202     Kerr- 722 West Independence Blvd                                    722 West Independence Boulevard
203     Newbridge Road Shopping Center                                      673-709 Newbridge Road
207     Space Savers Self Storage                                           27250 U.S. Highway 98
208     A & M Mobile Home Park                                              4900 Southeast 102nd Place
212     Cahuenga Apartments                                                 4605 Cahuenga Boulevard
221     EZ Encino                                                           17050 Ventura Boulevard
224     Jefferson Auto Center                                               26622 Jefferson Avenue
225     Osler Medical Arts Pavilion                                         490 Center Lake Circle
227     Kerr Drug - Raleigh                                                 2901 Wakefield Pines Drive
233     Kerr Drug - Franklinton                                             3422 US Highway 1
238     Kerr Drug - St. Pauls                                               419 West Broad Street
242     Kerr- 407 West Main St.                                             407 West Main Street
247     Kerr Drug - Johns Island                                            2803 Maybank Highway
248     Bluebird Apartments                                                 904 Rice Street
252     Seven Juliustown                                                    7 Juliustown Road
253     Kerr Drug - Summerville                                             1515 Old Trolley Road
256     Dothan South Plaza                                                  301 West Inez Road
259     Kerr Drug - Maxton                                                  106 Martin Luther King, Jr. Drive
277     Hillcrest MHC and Colonial Estates MHC                              3130 Hillcrest Road and 1509 Church Street

<CAPTION>
(TABLE CONTINUED)

                                                                                                                     Zip
 #      Crossed   Property Name                                                City                    State         Code
-----------------------------------------------------------------------------------------------------------------------------
<S>    <C>                                                                   <C>                   <C>             <C>
 4      Palmer Center                                                        Colorado Springs      CO               80903
 5      120 Wall Street                                                      New York              NY               10005
 7      Silver Portfolio-Kimco                                               Various               Various         Various
11      Valley Forge Office Center                                           Wayne                 PA               19403
13      Centergy Office                                                      Atlanta               GA               30308
19      Renaissance Hotel Boca Raton & Marriott Fort Lauderdale North        Various               Various         Various
25      Saddle Creek Apartments                                              Novi                  MI               48375
28      Ventana Apartments                                                   San Antonio           TX               78230
29      Marlton Square                                                       Marlton               NJ               08053
38      Independence Village - Peoria                                        Peoria                IL               61614
39      Independence Village - Winston Salem                                 Winston-Salem         NC               27106
42      Polo Club                                                            Farmington Hills      MI               48335
45      Cedar Run Apartments                                                 Denver                CO               80224
49      Hilton Suites Anaheim                                                Orange                CA               92868
53      Leafstone Apartments                                                 Covington             GA               30014
54      Peckham Square                                                       Reno                  NV               89502
56      The Ashford at Stone Ridge                                           College Park          GA               30349
59      Plaza at Williams Centre                                             Tucson                AZ               85711
60      Covington Plaza                                                      Phoenix               AZ               85024
61      River Place Apartments                                               Birmingham            AL               35242
62      La Habra Business Center and Tuff Guy Storage                        La Habra              CA               90631
65      Topanga Portfolio                                                    Various               Various         Various
68      Atrium Office Park                                                   Plantation            FL               33324
72      Grande Apartments                                                    Roselle Park          NJ               07204
74      Rendina - Southpointe Medical Center                                 Plantation            FL               33324
81      Murphy Canyon Office Building                                        San Diego             CA               92123
84      Residence Inn - Franklin                                             Franklin              MA               02038
86      Country Club Plaza                                                   Frisco                TX               75034
90      Residence Inn by Marriott - Novi                                     Novi                  MI               48377
93      Residence Inn by Marriott - Weston                                   Weston                FL               33331
94      Main Place Shopping Center                                           McAllen               TX               78503
111     Edinburg Regional Medical Plaza I                                    Edinburg              TX               78539
113     Towne Place Suites by Marriott - Orlando                             Orlando               FL               32817
114     Klein MF Portfolio (Quail and Greentree)                             Various               Various         Various
117     Quail Pointe Apartments                                              Huntsville            AL               35816
119     Tempe St. Luke's Office Building                                     Tempe                 AZ               85281
122     Springhill Suites - Southfield                                       Southfield            MI               48034
123     North Rivers Business Center                                         North Charleston      SC               29418
130     1120 Nasa                                                            Nassau Bay            TX               77058
131     Tower Park                                                           College Station       TX               77840
132     Redbird Village                                                      Dallas                TX               75237
136     Beverly Wilshire Retail                                              Various               Various         Various
137     JFK Medical Pavilion I                                               Boynton Beach         FL               33437
139     Courtyard by Marriott - Grand Rapids Airport                         Kentwood              MI               49512
142     Chefalo Self Storage                                                 Hayward               CA               94545
145     Fairfield Inn by Marriott - Fort Myers                               Fort Myers            FL               33907
153     Walgreens (Missouri, TX)                                             Missouri City         TX               77459
154     West Oxmoor Tower                                                    Birmingham            AL               35209
161     Walgreens (Statesboro)                                               Statesboro            GA               30458
166     Holiday Inn Express - Hialeah                                        Hialeah               FL               33016
167     Walgreens (New Braunfels)                                            New Braunfels         TX               78130
168     8700 Commerce Park                                                   Houston               TX               77036
169     Garden Village Apartments                                            Champaign             IL               61821
172     Reddington El Paso Office                                            El Paso               TX               79905
173     Crossroads Plaza                                                     Las Vegas             NV               89148
177     Lake Crest Plaza                                                     Hoover                AL               35244
186     Madison Avenue Home Center                                           Temecula              CA               92590
187     Congress Professional Center I                                       Palm Springs          FL               33461
188     213 Summerhill Road                                                  East Brunswick        NJ               08816
195     Sinking Spring Marketplace                                           Sinking Spring        PA               19608
196     5450 Northwest Central                                               Houston               TX               77092
202     Kerr- 722 West Independence Blvd                                     Mount Airy            NC               27030
203     Newbridge Road Shopping Center                                       Levittown             NY               11756
207     Space Savers Self Storage                                            Daphne                AL               36526
208     A & M Mobile Home Park                                               Belleview             FL               34420
212     Cahuenga Apartments                                                  Toluca Lake           CA               91602
221     EZ Encino                                                            Encino                CA               91316
224     Jefferson Auto Center                                                Murrieta              CA               92562
225     Osler Medical Arts Pavilion                                          Palm Bay              FL               32907
227     Kerr Drug - Raleigh                                                  Raleigh               NC               27614
233     Kerr Drug - Franklinton                                              Franklinton           NC               27525
238     Kerr Drug - St. Pauls                                                St. Pauls             NC               28384
242     Kerr- 407 West Main St.                                              Jamestown             NC               27282
247     Kerr Drug - Johns Island                                             John's Island         SC               29412
248     Bluebird Apartments                                                  St. Paul              MN               55117
252     Seven Juliustown                                                     Brown Mills           NJ               08015
253     Kerr Drug - Summerville                                              Summerville           SC               29485
256     Dothan South Plaza                                                   Dothan                AL               36301
259     Kerr Drug - Maxton                                                   Maxton                NC               28364
277     Hillcrest MHC and Colonial Estates MHC                               Vincennes             IN               47591

<CAPTION>
(TABLE CONTINUED)

                                                                         Interest     Net Mortgage      Original       Cut-off
 #      Crossed   Property Name                                            Rate           Rate          Balance        Balance
----------------------------------------------------------------------------------------------------------------------------------
<S>    <C>                                                                <C>           <C>             <C>            <C>
 4      Palmer Center                                                     5.0800%       4.97918%        $79,580,000    $79,580,000
 5      120 Wall Street                                                   4.9000%       4.79918%        $70,000,000    $70,000,000
 7      Silver Portfolio-Kimco                                            4.9400%       4.83918%        $65,000,000    $64,933,333
11      Valley Forge Office Center                                        5.4300%       5.32918%        $44,000,000    $44,000,000
13      Centergy Office                                                   5.5400%       5.43918%        $42,000,000    $42,000,000
19      Renaissance Hotel Boca Raton & Marriott Fort Lauderdale North     5.5300%       5.49204%        $35,000,000    $35,000,000
25      Saddle Creek Apartments                                           5.1100%       5.00918%        $23,500,000    $23,500,000
28      Ventana Apartments                                                5.0300%       4.92918%        $21,600,000    $21,600,000
29      Marlton Square                                                    5.1600%       5.05918%        $21,600,000    $21,530,302
38      Independence Village - Peoria                                     5.4600%       5.35918%        $10,250,000    $10,204,714
39      Independence Village - Winston Salem                              5.4600%       5.35918%         $7,400,000     $7,367,305
42      Polo Club                                                         5.3800%       5.27918%        $16,600,000    $16,600,000
45      Cedar Run Apartments                                              5.3900%       5.28918%        $14,500,000    $14,379,306
49      Hilton Suites Anaheim                                             5.4100%       5.34358%        $13,700,000    $13,700,000
53      Leafstone Apartments                                              5.2500%       5.14918%        $12,900,000    $12,900,000
54      Peckham Square                                                    5.2500%       5.14918%        $12,875,000    $12,875,000
56      The Ashford at Stone Ridge                                        5.3100%       5.20918%        $12,650,000    $12,650,000
59      Plaza at Williams Centre                                          4.7800%       4.67918%        $12,000,000    $11,940,481
60      Covington Plaza                                                   5.1800%       5.07918%        $11,880,000    $11,880,000
61      River Place Apartments                                            5.1900%       5.08918%        $11,700,000    $11,700,000
62      La Habra Business Center and Tuff Guy Storage                     5.3400%       5.23918%        $11,500,000    $11,500,000
65      Topanga Portfolio                                                 5.2600%       5.15918%        $11,298,000    $11,262,337
68      Atrium Office Park                                                5.1200%       5.01918%        $10,700,000    $10,665,170
72      Grande Apartments                                                 5.5500%       5.44918%        $10,300,000    $10,300,000
74      Rendina - Southpointe Medical Center                              4.8900%       4.78918%        $10,000,000     $9,965,789
81      Murphy Canyon Office Building                                     5.5200%       5.41918%         $8,900,000     $8,900,000
84      Residence Inn - Franklin                                          5.4700%       5.38978%         $8,500,000     $8,450,334
86      Country Club Plaza                                                5.1100%       5.00918%         $8,150,000     $8,150,000
90      Residence Inn by Marriott - Novi                                  5.5000%       5.41793%         $8,000,000     $7,953,503
93      Residence Inn by Marriott - Weston                                6.0000%       5.91629%         $7,600,000     $7,600,000
94      Main Place Shopping Center                                        5.3300%       5.22918%         $7,600,000     $7,576,379
111     Edinburg Regional Medical Plaza I                                 5.3000%       5.19918%         $6,500,000     $6,486,150
113     Towne Place Suites by Marriott - Orlando                          5.3900%       5.29888%         $6,200,000     $6,200,000
114     Klein MF Portfolio (Quail and Greentree)                          5.3750%       5.27418%         $6,120,000     $6,114,056
117     Quail Pointe Apartments                                           5.0800%       4.97918%         $5,979,248     $5,979,248
119     Tempe St. Luke's Office Building                                  5.3300%       5.22918%         $5,994,000     $5,975,370
122     Springhill Suites - Southfield                                    5.5000%       5.40608%         $5,800,000     $5,757,085
123     North Rivers Business Center                                      5.2800%       5.17918%         $5,600,000     $5,600,000
130     1120 Nasa                                                         5.4100%       5.30918%         $5,300,000     $5,283,818
131     Tower Park                                                        5.0900%       4.98918%         $5,250,000     $5,250,000
132     Redbird Village                                                   5.5000%       5.39918%         $5,240,000     $5,235,065
136     Beverly Wilshire Retail                                           5.4000%       5.29918%         $5,000,000     $5,000,000
137     JFK Medical Pavilion I                                            6.0200%       5.89418%         $5,100,000     $4,981,149
139     Courtyard by Marriott - Grand Rapids Airport                      6.1200%       6.01918%         $5,000,000     $4,953,083
142     Chefalo Self Storage                                              5.2900%       5.18918%         $4,900,000     $4,889,537
145     Fairfield Inn by Marriott - Fort Myers                            5.3400%       5.23918%         $4,700,000     $4,700,000
153     Walgreens (Missouri, TX)                                          5.3200%       5.21918%         $4,447,000     $4,447,000
154     West Oxmoor Tower                                                 5.4800%       5.37918%         $4,400,000     $4,400,000
161     Walgreens (Statesboro)                                            5.0900%       4.98918%         $4,075,000     $4,075,000
166     Holiday Inn Express - Hialeah                                     5.3900%       5.28918%         $4,000,000     $3,982,112
167     Walgreens (New Braunfels)                                         5.2900%       5.18918%         $3,890,000     $3,890,000
168     8700 Commerce Park                                                5.2400%       5.13918%         $3,870,000     $3,866,116
169     Garden Village Apartments                                         5.6500%       5.54918%         $3,700,000     $3,692,688
172     Reddington El Paso Office                                         5.5200%       5.41918%         $3,600,000     $3,589,277
173     Crossroads Plaza                                                  5.4500%       5.34918%         $3,500,000     $3,500,000
177     Lake Crest Plaza                                                  5.4000%       5.29918%         $3,380,000     $3,369,657
186     Madison Avenue Home Center                                        5.1600%       5.05918%         $3,040,000     $3,040,000
187     Congress Professional Center I                                    5.3000%       5.19918%         $3,013,000     $3,003,573
188     213 Summerhill Road                                               4.8300%       4.72918%         $3,000,000     $2,992,948
195     Sinking Spring Marketplace                                        5.5700%       5.46918%         $2,800,000     $2,800,000
196     5450 Northwest Central                                            5.3750%       5.27418%         $2,800,000     $2,794,128
202     Kerr- 722 West Independence Blvd                                  5.2500%       5.14918%         $2,501,950     $2,499,445
203     Newbridge Road Shopping Center                                    5.8750%       5.77418%         $2,500,000     $2,495,297
207     Space Savers Self Storage                                         5.4700%       5.36918%         $2,500,000     $2,473,663
208     A & M Mobile Home Park                                            5.4400%       5.33918%         $2,450,000     $2,450,000
212     Cahuenga Apartments                                               5.0900%       4.98918%         $2,385,000     $2,385,000
221     EZ Encino                                                         5.5200%       5.41918%         $2,200,000     $2,200,000
224     Jefferson Auto Center                                             5.4200%       5.31918%         $2,100,000     $2,100,000
225     Osler Medical Arts Pavilion                                       5.3000%       5.19918%         $2,100,000     $2,093,430
227     Kerr Drug - Raleigh                                               5.2500%       5.14918%         $2,084,959     $2,078,363
233     Kerr Drug - Franklinton                                           5.2500%       5.14918%         $1,905,221     $1,899,194
238     Kerr Drug - St. Pauls                                             5.2500%       5.14918%         $1,869,273     $1,863,359
242     Kerr- 407 West Main St.                                           5.2500%       5.14918%         $1,797,378     $1,795,578
247     Kerr Drug - Johns Island                                          5.2500%       5.14918%         $1,689,535     $1,684,190
248     Bluebird Apartments                                               5.6600%       5.55918%         $1,660,000     $1,658,498
252     Seven Juliustown                                                  5.4700%       5.36918%         $1,600,000     $1,595,180
253     Kerr Drug - Summerville                                           5.2500%       5.14918%         $1,567,314     $1,562,356
256     Dothan South Plaza                                                5.5400%       5.43918%         $1,500,000     $1,496,804
259     Kerr Drug - Maxton                                                5.2500%       5.14918%         $1,366,007     $1,361,686
277     Hillcrest MHC and Colonial Estates MHC                            5.3900%       5.28918%           $900,000       $900,000

<CAPTION>
(TABLE CONTINUED)

                                                                               Rem.                                      Orig
                                                                             Term to         Maturity                   Amort.
 #      Crossed   Property Name                                              Maturity          Date         ARD          Term
-----------------------------------------------------------------------------------------------------------------------------------
<S>     <C>                                                              <C>                  <C>             <C>    <C>
 4      Palmer Center                                                          360             8/1/2015         N/A       360
 5      120 Wall Street                                                   Interest Only       10/1/2012         N/A  Interest Only
 7      Silver Portfolio-Kimco                                                 358             9/1/2015         N/A       360
11      Valley Forge Office Center                                        Interest Only        9/1/2010         N/A  Interest Only
13      Centergy Office                                                        360            12/1/2014         N/A       360
19      Renaissance Hotel Boca Raton & Marriott Fort Lauderdale North          300             9/1/2015         N/A       300
25      Saddle Creek Apartments                                                360             9/1/2015         N/A       360
28      Ventana Apartments                                                     360             9/1/2015         N/A       360
29      Marlton Square                                                         357             8/1/2015         N/A       360
38      Independence Village - Peoria                                          297             9/1/2015         N/A       300
39      Independence Village - Winston Salem                                   297             9/1/2015         N/A       300
42      Polo Club                                                              360            11/1/2015         N/A       360
45      Cedar Run Apartments                                                   352             3/1/2015         N/A       360
49      Hilton Suites Anaheim                                                  300             7/1/2010         N/A       300
53      Leafstone Apartments                                                   360             8/1/2015         N/A       360
54      Peckham Square                                                         360             9/1/2015         N/A       360
56      The Ashford at Stone Ridge                                             360            10/1/2010         N/A       360
59      Plaza at Williams Centre                                               297             8/1/2015         N/A       300
60      Covington Plaza                                                        360             8/1/2015         N/A       360
61      River Place Apartments                                                 360            10/1/2015         N/A       360
62      La Habra Business Center and Tuff Guy Storage                          360            10/1/2015         N/A       360
65      Topanga Portfolio                                                      357             8/1/2015         N/A       360
68      Atrium Office Park                                                     357             8/1/2015         N/A       360
72      Grande Apartments                                                      324             2/1/2012         N/A       324
74      Rendina - Southpointe Medical Center                                   357             8/1/2015         N/A       360
81      Murphy Canyon Office Building                                     Interest Only        8/1/2010         N/A  Interest Only
84      Residence Inn - Franklin                                               296             1/1/2011         N/A       300
86      Country Club Plaza                                                     360             8/1/2015         N/A       360
90      Residence Inn by Marriott - Novi                                       296             7/1/2015         N/A       300
93      Residence Inn by Marriott - Weston                                     300             5/1/2015         N/A       300
94      Main Place Shopping Center                                             357             8/1/2015         N/A       360
111     Edinburg Regional Medical Plaza I                                      358             9/1/2015         N/A       360
113     Towne Place Suites by Marriott - Orlando                               300             8/1/2015         N/A       300
114     Klein MF Portfolio (Quail and Greentree)                               359            10/1/2015         N/A       360
117     Quail Pointe Apartments                                                360            10/1/2015         N/A       360
119     Tempe St. Luke's Office Building                                       357             8/1/2015         N/A       360
122     Springhill Suites - Southfield                                         295             6/1/2015         N/A       300
123     North Rivers Business Center                                           360             8/1/2015         N/A       360
130     1120 Nasa                                                              357             8/1/2015         N/A       360
131     Tower Park                                                             360             8/1/2010         N/A       360
132     Redbird Village                                                        359            10/1/2015         N/A       360
136     Beverly Wilshire Retail                                                360            10/1/2015         N/A       360
137     JFK Medical Pavilion I                                                 336            11/1/2013         N/A       360
139     Courtyard by Marriott - Grand Rapids Airport                           293             4/1/2015         N/A       300
142     Chefalo Self Storage                                                   358             9/1/2015         N/A       360
145     Fairfield Inn by Marriott - Fort Myers                                 300             9/1/2015         N/A       300
153     Walgreens (Missouri, TX)                                               360            10/1/2015         N/A       360
154     West Oxmoor Tower                                                      360             2/1/2015         N/A       360
161     Walgreens (Statesboro)                                                 360             9/1/2015         N/A       360
166     Holiday Inn Express - Hialeah                                          297             8/1/2015         N/A       300
167     Walgreens (New Braunfels)                                              360             8/1/2015         N/A       360
168     8700 Commerce Park                                                     359            10/1/2015         N/A       360
169     Garden Village Apartments                                              358             9/1/2020         N/A       360
172     Reddington El Paso Office                                              357             8/1/2015         N/A       360
173     Crossroads Plaza                                                       360             9/1/2015         N/A       360
177     Lake Crest Plaza                                                       357             8/1/2015         N/A       360
186     Madison Avenue Home Center                                             360             8/1/2015         N/A       360
187     Congress Professional Center I                                         357             8/1/2015         N/A       360
188     213 Summerhill Road                                                    358             9/1/2015         N/A       360
195     Sinking Spring Marketplace                                             360             9/1/2015         N/A       360
196     5450 Northwest Central                                                 358             9/1/2015         N/A       360
202     Kerr- 722 West Independence Blvd                                       359            10/1/2015         N/A       360
203     Newbridge Road Shopping Center                                         358             9/1/2015         N/A       360
207     Space Savers Self Storage                                              177             8/1/2020         N/A       180
208     A & M Mobile Home Park                                                 360            10/1/2010         N/A       360
212     Cahuenga Apartments                                                    360             7/1/2015         N/A       360
221     EZ Encino                                                              360             9/1/2015         N/A       360
224     Jefferson Auto Center                                                  360            10/1/2015         N/A       360
225     Osler Medical Arts Pavilion                                            357             8/1/2015         N/A       360
227     Kerr Drug - Raleigh                                                    357             8/1/2015         N/A       360
233     Kerr Drug - Franklinton                                                357             8/1/2015         N/A       360
238     Kerr Drug - St. Pauls                                                  357             8/1/2015         N/A       360
242     Kerr- 407 West Main St.                                                359            10/1/2015         N/A       360
247     Kerr Drug - Johns Island                                               357             8/1/2015         N/A       360
248     Bluebird Apartments                                                    359            10/1/2015         N/A       360
252     Seven Juliustown                                                       357             8/1/2015         N/A       360
253     Kerr Drug - Summerville                                                357             8/1/2015         N/A       360
256     Dothan South Plaza                                                     239            10/1/2015         N/A       240
259     Kerr Drug - Maxton                                                     357             8/1/2015         N/A       360
277     Hillcrest MHC and Colonial Estates MHC                                 360             9/1/2015         N/A       360

<CAPTION>
(TABLE CONTINUED)

                                                                                                     Units/
                                                                           Rem.                     Sq. Ft./
                                                                          Amort.       Monthly       Rooms/
#      Crossed   Property Name                                             Term        Payment        Pads
---------------------------------------------------------------------------------------------------------------
<S>    <C>                                                            <C>                <C>           <C>
4      Palmer Center                                                       360           $431,102      458,331
5      120 Wall Street                                                Interest Only      $289,803      607,172
7      Silver Portfolio-Kimco                                              358           $334,292      310,610
1      Valley Forge Office Center                                     Interest Only      $201,865      258,345
3      Centergy Office                                                     360           $239,527      253,251
9      Renaissance Hotel Boca Raton & Marriott Fort Lauderdale North       300           $215,558          504
5      Saddle Creek Apartments                                             360           $127,738          400
8      Ventana Apartments                                                  360           $116,350          390
9      Marlton Square                                                      357           $118,075       72,948
8      Independence Village - Peoria                                       297            $62,699          158
9      Independence Village - Winston Salem                                297            $45,266          156
2      Polo Club                                                           360            $93,007          281
5      Cedar Run Apartments                                                352            $81,331          384
9      Hilton Suites Anaheim                                               300            $83,395          230
3      Leafstone Apartments                                                360            $71,234          232
4      Peckham Square                                                      360            $71,096      128,717
6      The Ashford at Stone Ridge                                          360            $70,325          248
9      Plaza at Williams Centre                                            297            $68,621      108,914
0      Covington Plaza                                                     360            $65,088      105,366
1      River Place Apartments                                              360            $64,174          213
2      La Habra Business Center and Tuff Guy Storage                       360            $64,146      152,553
5      Topanga Portfolio                                                   357            $62,458        22,277
8      Atrium Office Park                                                  357            $58,227        98,511
2      Grande Apartments                                                   324            $61,407           119
4      Rendina - Southpointe Medical Center                                357            $53,012        47,020
1      Murphy Canyon Office Building                                  Interest Only       $41,509        57,747
4      Residence Inn - Franklin                                            296            $52,045           108
6      Country Club Plaza                                                  360            $44,301        51,652
0      Residence Inn by Marriott - Novi                                    296            $49,127           107
3      Residence Inn by Marriott - Weston                                  300            $48,967           100
4      Main Place Shopping Center                                          357            $42,345       170,530
11     Edinburg Regional Medical Plaza I                                   358            $36,095        52,068
13     Towne Place Suites by Marriott - Orlando                            300            $37,667           105
14     Klein MF Portfolio (Quail and Greentree)                            359            $34,270           369
17     Quail Pointe Apartments                                             360            $32,391           184
19     Tempe St. Luke's Office Building                                    357            $33,397        59,808
22     Springhill Suites - Southfield                                      295            $35,617            84
23     North Rivers Business Center                                        360            $31,028        77,333
30     1120 Nasa                                                           357            $29,794        79,434
31     Tower Park                                                          360            $28,473           209
32     Redbird Village                                                     359            $29,752        85,295
36     Beverly Wilshire Retail                                             360            $28,077        12,675
37     JFK Medical Pavilion I                                              336            $30,643        25,565
39     Courtyard by Marriott - Grand Rapids Airport                        293            $32,583            84
42     Chefalo Self Storage                                                358            $27,180        61,220
45     Fairfield Inn by Marriott - Fort Myers                              300            $28,415           104
53     Walgreens (Missouri, TX)                                            360            $24,750        14,820
54     West Oxmoor Tower                                                   360            $24,928        86,770
61     Walgreens (Statesboro)                                              360            $22,100        14,820
66     Holiday Inn Express - Hialeah                                       297            $24,301           144
67     Walgreens (New Braunfels)                                           360            $21,577        14,820
68     8700 Commerce Park                                                  359            $21,346        77,203
69     Garden Village Apartments                                           358            $21,358           163
72     Reddington El Paso Office                                           357            $20,486        71,409
73     Crossroads Plaza                                                    360            $19,763        11,919
77     Lake Crest Plaza                                                    357            $18,980        22,149
86     Madison Avenue Home Center                                          360            $16,618        31,760
87     Congress Professional Center I                                      357            $16,731        17,738
88     213 Summerhill Road                                                 358            $15,794        19,016
95     Sinking Spring Marketplace                                          360            $16,021        18,260
96     5450 Northwest Central                                              358            $15,679        56,350
02     Kerr- 722 West Independence Blvd                                    359            $13,816        11,562
03     Newbridge Road Shopping Center                                      358            $14,788        26,774
07     Space Savers Self Storage                                           177            $20,387        49,450
08     A & M Mobile Home Park                                              360            $13,819           142
12     Cahuenga Apartments                                                 360            $12,935            51
21     EZ Encino                                                           360            $12,519         8,137
24     Jefferson Auto Center                                               360            $11,818        17,111
25     Osler Medical Arts Pavilion                                         357            $11,661        17,790
27     Kerr Drug - Raleigh                                                 357            $11,513        11,628
33     Kerr Drug - Franklinton                                             357            $10,521        11,004
38     Kerr Drug - St. Pauls                                               357            $10,322         9,804
42     Kerr- 407 West Main St.                                             359             $9,925         8,715
47     Kerr Drug - Johns Island                                            357             $9,330         9,804
48     Bluebird Apartments                                                 359             $9,593            31
52     Seven Juliustown                                                    357             $9,055        17,881
53     Kerr Drug - Summerville                                             357             $8,655         9,804
56     Dothan South Plaza                                                  239            $10,352        23,674
59     Kerr Drug - Maxton                                                  357             $7,543         9,804
77     Hillcrest MHC and Colonial Estates MHC                              360             $5,048            70

<CAPTION>
(TABLE CONTINUED)

                                                                        Interest Calculation       Administration
#      Crossed   Property Name                                          (30/360 / Actual/360)           Fees         Due Date
------------------------------------------------------------------------------------------------------------------------------
<S>   <C>                                                                   <C>                      <C>               <C>
4      Palmer Center                                                         Actual/360               0.10082%          1
5      120 Wall Street                                                       Actual/360               0.10082%          1
7      Silver Portfolio-Kimco                                                Actual/360               0.10082%          1
1      Valley Forge Office Center                                            Actual/360               0.10082%          1
3      Centergy Office                                                       Actual/360               0.10082%          1
9      Renaissance Hotel Boca Raton & Marriott Fort Lauderdale North         Actual/360               0.03796%          1
5      Saddle Creek Apartments                                               Actual/360               0.10082%          1
8      Ventana Apartments                                                    Actual/360               0.10082%          1
9      Marlton Square                                                        Actual/360               0.10082%          1
8      Independence Village - Peoria                                         Actual/360               0.10082%          1
9      Independence Village - Winston Salem                                  Actual/360               0.10082%          1
2      Polo Club                                                             Actual/360               0.10082%          1
5      Cedar Run Apartments                                                  Actual/360               0.10082%          1
9      Hilton Suites Anaheim                                                 Actual/360               0.06642%          1
3      Leafstone Apartments                                                  Actual/360               0.10082%          1
4      Peckham Square                                                        Actual/360               0.10082%          1
6      The Ashford at Stone Ridge                                            Actual/360               0.10082%          1
9      Plaza at Williams Centre                                              Actual/360               0.10082%          1
0      Covington Plaza                                                       Actual/360               0.10082%          1
1      River Place Apartments                                                Actual/360               0.10082%          1
2      La Habra Business Center and Tuff Guy Storage                         Actual/360               0.10082%          1
5      Topanga Portfolio                                                     Actual/360               0.10082%          1
8      Atrium Office Park                                                    Actual/360               0.10082%          1
2      Grande Apartments                                                     Actual/360               0.10082%          1
4      Rendina - Southpointe Medical Center                                  Actual/360               0.10082%          1
1      Murphy Canyon Office Building                                         Actual/360               0.10082%          1
4      Residence Inn - Franklin                                              Actual/360               0.08022%          1
6      Country Club Plaza                                                    Actual/360               0.10082%          1
0      Residence Inn by Marriott - Novi                                      Actual/360               0.08207%          1
3      Residence Inn by Marriott - Weston                                    Actual/360               0.08371%          1
4      Main Place Shopping Center                                            Actual/360               0.10082%          1
11     Edinburg Regional Medical Plaza I                                     Actual/360               0.10082%          1
13     Towne Place Suites by Marriott - Orlando                              Actual/360               0.09112%          1
14     Klein MF Portfolio (Quail and Greentree)                              Actual/360               0.10082%          1
17     Quail Pointe Apartments                                               Actual/360               0.10082%          1
19     Tempe St. Luke's Office Building                                      Actual/360               0.10082%          1
22     Springhill Suites - Southfield                                        Actual/360               0.09392%          1
23     North Rivers Business Center                                          Actual/360               0.10082%          1
30     1120 Nasa                                                             Actual/360               0.10082%          1
31     Tower Park                                                            Actual/360               0.10082%          1
32     Redbird Village                                                       Actual/360               0.10082%          1
36     Beverly Wilshire Retail                                               Actual/360               0.10082%          1
37     JFK Medical Pavilion I                                                Actual/360               0.12582%          1
39     Courtyard by Marriott - Grand Rapids Airport                          Actual/360               0.10082%          1
42     Chefalo Self Storage                                                  Actual/360               0.10082%          1
45     Fairfield Inn by Marriott - Fort Myers                                Actual/360               0.10082%          1
53     Walgreens (Missouri, TX)                                              Actual/360               0.10082%          1
54     West Oxmoor Tower                                                     Actual/360               0.10082%          1
61     Walgreens (Statesboro)                                                Actual/360               0.10082%          1
66     Holiday Inn Express - Hialeah                                         Actual/360               0.10082%          1
67     Walgreens (New Braunfels)                                             Actual/360               0.10082%          1
68     8700 Commerce Park                                                    Actual/360               0.10082%          1
69     Garden Village Apartments                                             Actual/360               0.10082%          1
72     Reddington El Paso Office                                             Actual/360               0.10082%          1
73     Crossroads Plaza                                                      Actual/360               0.10082%          1
77     Lake Crest Plaza                                                      Actual/360               0.10082%          1
86     Madison Avenue Home Center                                            Actual/360               0.10082%          1
87     Congress Professional Center I                                        Actual/360               0.10082%          1
88     213 Summerhill Road                                                   Actual/360               0.10082%          1
95     Sinking Spring Marketplace                                            Actual/360               0.10082%          1
96     5450 Northwest Central                                                Actual/360               0.10082%          1
02     Kerr- 722 West Independence Blvd                                      Actual/360               0.10082%          1
03     Newbridge Road Shopping Center                                        Actual/360               0.10082%          1
07     Space Savers Self Storage                                             Actual/360               0.10082%          1
08     A & M Mobile Home Park                                                Actual/360               0.10082%          1
12     Cahuenga Apartments                                                   Actual/360               0.10082%          1
21     EZ Encino                                                             Actual/360               0.10082%          1
24     Jefferson Auto Center                                                 Actual/360               0.10082%          1
25     Osler Medical Arts Pavilion                                           Actual/360               0.10082%          1
27     Kerr Drug - Raleigh                                                   Actual/360               0.10082%          1
33     Kerr Drug - Franklinton                                               Actual/360               0.10082%          1
38     Kerr Drug - St. Pauls                                                 Actual/360               0.10082%          1
42     Kerr- 407 West Main St.                                               Actual/360               0.10082%          1
47     Kerr Drug - Johns Island                                              Actual/360               0.10082%          1
48     Bluebird Apartments                                                   Actual/360               0.10082%          1
52     Seven Juliustown                                                      Actual/360               0.10082%          1
53     Kerr Drug - Summerville                                               Actual/360               0.10082%          1
56     Dothan South Plaza                                                    Actual/360               0.10082%          1
59     Kerr Drug - Maxton                                                    Actual/360               0.10082%          1
77     Hillcrest MHC and Colonial Estates MHC                                Actual/360               0.10082%          1

<CAPTION>
(TABLE CONTINUED)

                                                                                                     Earthquake      Environmental
#      Crossed   Property Name                                          ARD (Y/N)      Defeasance     Insurance        Insurance
------------------------------------------------------------------------------------------------------------------------------------
<S>    <C>                                                                 <C>            <C>           <C>               <C>
4      Palmer Center                                                        No             Yes           N/A               No
5      120 Wall Street                                                      No             Yes           N/A               No
7      Silver Portfolio-Kimco                                               No             Yes           N/A               No
1      Valley Forge Office Center                                           No             Yes           N/A               No
3      Centergy Office                                                      No             Yes           N/A               No
9      Renaissance Hotel Boca Raton & Marriott Fort Lauderdale North        No             Yes           N/A               No
5      Saddle Creek Apartments                                              No             Yes           N/A               No
8      Ventana Apartments                                                   No             Yes           N/A               No
9      Marlton Square                                                       No             Yes           N/A               No
8      Independence Village - Peoria                                        No             Yes           N/A               No
9      Independence Village - Winston Salem                                 No             Yes           N/A               No
2      Polo Club                                                            No             Yes           N/A               No
5      Cedar Run Apartments                                                 No             Yes           N/A               No
9      Hilton Suites Anaheim                                                No             Yes           N/A               No
3      Leafstone Apartments                                                 No             Yes           N/A               No
4      Peckham Square                                                       No             Yes           N/A               No
6      The Ashford at Stone Ridge                                           No             Yes           N/A               No
9      Plaza at Williams Centre                                             No             Yes           N/A               No
0      Covington Plaza                                                      No             Yes           N/A               No
1      River Place Apartments                                               No             Yes           N/A               No
2      La Habra Business Center and Tuff Guy Storage                        No             Yes           N/A               No
5      Topanga Portfolio                                                    No             Yes           N/A               No
8      Atrium Office Park                                                   No             Yes           N/A               No
2      Grande Apartments                                                    No             Yes           N/A               No
4      Rendina - Southpointe Medical Center                                 No             Yes           N/A               No
1      Murphy Canyon Office Building                                        No             No            N/A               No
4      Residence Inn - Franklin                                             No             Yes           N/A               No
6      Country Club Plaza                                                   No             Yes           N/A               No
0      Residence Inn by Marriott - Novi                                     No             Yes           N/A               No
3      Residence Inn by Marriott - Weston                                   No             Yes           N/A               No
4      Main Place Shopping Center                                           No             Yes           N/A               No
11     Edinburg Regional Medical Plaza I                                    No             Yes           N/A               No
13     Towne Place Suites by Marriott - Orlando                             No             Yes           N/A               No
14     Klein MF Portfolio (Quail and Greentree)                             No             Yes           N/A               No
17     Quail Pointe Apartments                                              No             Yes           N/A               No
19     Tempe St. Luke's Office Building                                     No             No            N/A               No
22     Springhill Suites - Southfield                                       No             Yes           N/A               No
23     North Rivers Business Center                                         No             No            N/A               No
30     1120 Nasa                                                            No             Yes           N/A               No
31     Tower Park                                                           No             No            N/A               No
32     Redbird Village                                                      No             Yes           N/A               No
36     Beverly Wilshire Retail                                              No             No            N/A               No
37     JFK Medical Pavilion I                                               No             No            N/A               No
39     Courtyard by Marriott - Grand Rapids Airport                         No             Yes           N/A               No
42     Chefalo Self Storage                                                 No             Yes           N/A               No
45     Fairfield Inn by Marriott - Fort Myers                               No             Yes           N/A               No
53     Walgreens (Missouri, TX)                                             No             Yes           N/A               No
54     West Oxmoor Tower                                                    No             Yes           N/A               No
61     Walgreens (Statesboro)                                               No             Yes           N/A               No
66     Holiday Inn Express - Hialeah                                        No             Yes           N/A               No
67     Walgreens (New Braunfels)                                            No             No            N/A               No
68     8700 Commerce Park                                                   No             Yes           N/A               No
69     Garden Village Apartments                                            No             No            N/A               No
72     Reddington El Paso Office                                            No             Yes           N/A               No
73     Crossroads Plaza                                                     No             Yes           N/A               No
77     Lake Crest Plaza                                                     No             Yes           N/A               No
86     Madison Avenue Home Center                                           No             Yes           N/A               No
87     Congress Professional Center I                                       No             Yes           N/A               No
88     213 Summerhill Road                                                  No             Yes           N/A               No
95     Sinking Spring Marketplace                                           No             Yes           N/A               No
96     5450 Northwest Central                                               No             Yes           N/A               No
02     Kerr- 722 West Independence Blvd                                     No             Yes           N/A               No
03     Newbridge Road Shopping Center                                       No             Yes           N/A               No
07     Space Savers Self Storage                                            No             Yes           N/A               No
08     A & M Mobile Home Park                                               No             Yes           N/A               No
12     Cahuenga Apartments                                                  No             Yes           N/A               No
21     EZ Encino                                                            No             Yes           N/A               No
24     Jefferson Auto Center                                                No             No            N/A               No
25     Osler Medical Arts Pavilion                                          No             Yes           N/A               No
27     Kerr Drug - Raleigh                                                  No             Yes           N/A               No
33     Kerr Drug - Franklinton                                              No             Yes           N/A               No
38     Kerr Drug - St. Pauls                                                No             Yes           N/A               No
42     Kerr- 407 West Main St.                                              No             Yes           N/A               No
47     Kerr Drug - Johns Island                                             No             Yes           N/A               No
48     Bluebird Apartments                                                  No             Yes           N/A               No
52     Seven Juliustown                                                     No             Yes           N/A               No
53     Kerr Drug - Summerville                                              No             Yes           N/A               No
56     Dothan South Plaza                                                   No             Yes           N/A               No
59     Kerr Drug - Maxton                                                   No             Yes           N/A               No
77     Hillcrest MHC and Colonial Estates MHC                               No             Yes           N/A               No

<CAPTION>
(TABLE CONTINUED)

                                                                                 Fee/         Letter of      Loan Group
#      Crossed   Property Name                                                Leasehold      Credit (Y/N)        #
--------------------------------------------------------------------------------------------------------------------------
<S>   <C>                                                                   <C>                 <C>            <C>
4      Palmer Center                                                             Fee             Yes             1
5      120 Wall Street                                                           Fee              No             1
7      Silver Portfolio-Kimco                                                    Fee              No             1
1      Valley Forge Office Center                                                Fee              No             1
3      Centergy Office                                                      Fee/Leasehold        Yes             1
9      Renaissance Hotel Boca Raton & Marriott Fort Lauderdale North             Fee              No             1
5      Saddle Creek Apartments                                                   Fee              No             2
8      Ventana Apartments                                                        Fee              No             2
9      Marlton Square                                                            Fee              No             1
8      Independence Village - Peoria                                             Fee              No             1
9      Independence Village - Winston Salem                                      Fee              No             1
2      Polo Club                                                                 Fee              No             2
5      Cedar Run Apartments                                                      Fee              No             1
9      Hilton Suites Anaheim                                                     Fee              No             1
3      Leafstone Apartments                                                      Fee              No             2
4      Peckham Square                                                            Fee              No             1
6      The Ashford at Stone Ridge                                                Fee              No             2
9      Plaza at Williams Centre                                                  Fee              No             1
0      Covington Plaza                                                           Fee              No             1
1      River Place Apartments                                                    Fee             Yes             1
2      La Habra Business Center and Tuff Guy Storage                             Fee              No             1
5      Topanga Portfolio                                                         Fee              No             1
8      Atrium Office Park                                                        Fee              No             1
2      Grande Apartments                                                         Fee              No             2
4      Rendina - Southpointe Medical Center                                      Fee              No             1
1      Murphy Canyon Office Building                                             Fee              No             1
4      Residence Inn - Franklin                                                  Fee              No             1
6      Country Club Plaza                                                        Fee              No             1
0      Residence Inn by Marriott - Novi                                          Fee              No             1
3      Residence Inn by Marriott - Weston                                        Fee              No             1
4      Main Place Shopping Center                                                Fee              No             1
11     Edinburg Regional Medical Plaza I                                         Fee              No             1
13     Towne Place Suites by Marriott - Orlando                                  Fee              No             1
14     Klein MF Portfolio (Quail and Greentree)                                  Fee              No             2
17     Quail Pointe Apartments                                                   Fee              No             2
19     Tempe St. Luke's Office Building                                       Leasehold           No             1
22     Springhill Suites - Southfield                                            Fee              No             1
23     North Rivers Business Center                                              Fee              No             1
30     1120 Nasa                                                                 Fee              No             1
31     Tower Park                                                                Fee              No             2
32     Redbird Village                                                           Fee              No             1
36     Beverly Wilshire Retail                                                   Fee              No             1
37     JFK Medical Pavilion I                                                    Fee              No             1
39     Courtyard by Marriott - Grand Rapids Airport                              Fee              No             1
42     Chefalo Self Storage                                                      Fee              No             1
45     Fairfield Inn by Marriott - Fort Myers                                    Fee              No             1
53     Walgreens (Missouri, TX)                                                  Fee              No             1
54     West Oxmoor Tower                                                         Fee              No             1
61     Walgreens (Statesboro)                                                    Fee              No             1
66     Holiday Inn Express - Hialeah                                             Fee              No             1
67     Walgreens (New Braunfels)                                                 Fee              No             1
68     8700 Commerce Park                                                        Fee              No             1
69     Garden Village Apartments                                                 Fee              No             2
72     Reddington El Paso Office                                                 Fee              No             1
73     Crossroads Plaza                                                          Fee              No             1
77     Lake Crest Plaza                                                          Fee             Yes             1
86     Madison Avenue Home Center                                                Fee              No             1
87     Congress Professional Center I                                            Fee              No             1
88     213 Summerhill Road                                                       Fee              No             1
95     Sinking Spring Marketplace                                                Fee              No             1
96     5450 Northwest Central                                                    Fee              No             1
02     Kerr- 722 West Independence Blvd                                          Fee              No             1
03     Newbridge Road Shopping Center                                            Fee              No             1
07     Space Savers Self Storage                                                 Fee              No             1
08     A & M Mobile Home Park                                                    Fee              No             1
12     Cahuenga Apartments                                                       Fee              No             2
21     EZ Encino                                                                 Fee              No             1
24     Jefferson Auto Center                                                     Fee              No             1
25     Osler Medical Arts Pavilion                                               Fee              No             1
27     Kerr Drug - Raleigh                                                       Fee              No             1
33     Kerr Drug - Franklinton                                                   Fee              No             1
38     Kerr Drug - St. Pauls                                                     Fee              No             1
42     Kerr- 407 West Main St.                                                   Fee              No             1
47     Kerr Drug - Johns Island                                                  Fee              No             1
48     Bluebird Apartments                                                       Fee              No             2
52     Seven Juliustown                                                          Fee              No             1
53     Kerr Drug - Summerville                                                   Fee              No             1
56     Dothan South Plaza                                                        Fee              No             1
59     Kerr Drug - Maxton                                                        Fee              No             1
77     Hillcrest MHC and Colonial Estates MHC                                    Fee              No             2
</TABLE>

<PAGE>

                                  SCHEDULE III

                 MORTGAGE LOANS CONSTITUTING MORTGAGE GROUPS

1.    Independence Village - Peoria
      Independence Village - Winston Salem

<PAGE>

                                  SCHEDULE IV

                         MORTGAGE LOANS WITH LOST NOTES

                                      None

<PAGE>

                                   SCHEDULE V

                             EXCEPTIONS TO SELLER'S
                         REPRESENTATIONS AND WARRANTIES

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

                                   SCHEDULE 1

                  EXCEPTIONS TO REPRESENTATIONS AND WARRANTIES

                      GMAC COMMERCIAL MORTGAGE CORPORATION

Exception to Representation 4 - Lien; Valid Assignment:

ID#            Mortgage Loan(s)                 Description of Exception
---            ----------------                 ------------------------
49168          120 Wall Street                  Seller's mortgage encumbers,
                                                inter alia, both the fee and
                                                leasehold interests in the units
                                                owned by IDA and leased to
                                                borrower (collectively the "IDA
                                                Units"). There is a senior
                                                mortgage (a PILOT Mortgage)
                                                encumbering the fee and
                                                leasehold interests in the IDA
                                                Units.

Exception to Representation 6 - Mortgage Status; Waivers and Modifications:

ID#            Mortgage Loan(s)                 Description of Exception
---            ----------------                 ------------------------
49527          Kerr Drug -                      Mortgage Loans were assumed by
                722 West Independence Blvd.     various borrowers unaffiliated
49518          Kerr Drug - Franklintown         with Seller on October 25, 2005.
49520          Kerr Drug - Raleigh

49705          Atrium Office Park               Mortgage Loans were assumed by
49866          Southpointe Medical Center       Windrose affiliates on November
                                                4, 2005.

49367          Congress Professional Center I   Lender has granted conditional
49368          Osler Medical Arts Pavilion      consent letters with respect
                                                to transfer of Mortgaged
49330          Edinburg Regional Medical        Properties to, and assumption of
               Plaza I                          related Mortgage Loans by,
49370          Tempe St. Luke's Office          Windrose affiliates.
               Building

49900          Renaissance                      Lender and Borrower executed a
                                                Second Modification Agreement on
                                                or about November 2, 2005 that,
                                                inter alia, amended the
                                                certification requirements for
                                                financial statements.

42651          JFK Medical Pavilion I           Lender and Borrower executed a
                                                First Amendment to Loan
                                                Agreement on or about October
                                                11, 2005 that changed the
                                                voluntary prepayment provisions
                                                from defeasance to yield
                                                maintenance.

Exception to Representation 7 -Condition of Property:

ID#            Mortgage Loan(s)                 Description of Exception
---            ----------------                 ------------------------
49860          Fairfield Inn - Fort Myers,      $34,550 of immediate repairs
                FL                              were identified. No repair
                                                reserve was required.
49660          Hilton Suites Anaheim            $142,100 of immediate repairs
                                                were identified. No reserved was
                                                required.
50117          River Place Apartments           Property has sustained fire
                                                damage.

Exception to Representation 14 - Insurance:

ID#            Mortgage Loan(s)                 Description of Exception
---            ----------------                 ------------------------
49561          Cahuenga Apartments              The loan documents contain
                                                limits on the amount of
                                                terrorism coverage that is
                                                required to be maintained.
49857          Country Club Plaza
49426          Covington Plaza
49466          Murphy Canyon Office Building
49720          Ventana Apartments
49168          120 Wall Street
49962          Silver Kimco

49625          Walgreens (Statesboro)           Tenant is permitted to self
                                                insure. No representations are
                                                made regarding insurance.
49849          Walgreens (New Braunfels)
50779          Walgreens (Missouri, TX)

Exceptions to Representation 17 - Leasehold Estate:

ID#            Mortgage Loan(s)                 Description of Exception
---            ----------------                 ------------------------
41222          Centergy (Ground Lease           (ii) The Ground Lease provides
               encumbers parking parcel         that ground lessee has an
               only.)                           exclusive purchase option for
                                                all of ground lessor's right,
                                                title and interest in the
                                                property, which is exercisable
                                                on April 30, 2023.
                                                (v) The Ground Lease provides
                                                that ground lessee has an
                                                exclusive purchase option for
                                                all of ground lessor's right,
                                                title and interest in the
                                                property, which is exercisable
                                                on April 30, 2023. (vii) The
                                                Ground Lease provides that
                                                ground lessee has an exclusive
                                                purchase option for all of
                                                ground lessor's right, title and
                                                interest in the property, which
                                                is exercisable on April 30,
                                                2023.
                                                (viii) The Ground Lease provides
                                                that insurance proceeds shall be
                                                the property of the ground
                                                lessor subject to ground
                                                lessor's right to repair the
                                                structure.

49370          Tempe St. Luke's Office          (iii) There are restrictions
               Building                         pertaining to the assignment of
                                                lessee's interest, as set forth
                                                in the ground lease.
                                                (ix) There are restrictions
                                                pertaining tosubletting, as set
                                                forth in the ground lease.

Exception to Representation 25 - Releases of Mortgaged Property:

ID#            Mortgage Loan(s)                 Description of Exception
---            ----------------                 ------------------------
49962          Silver Kimco                     The Mortgage Loan Documents
49581          Klein MF Portfolio (Quail        provide for a partial release of
               and Greentree)                   the Mortgaged Property upon
47077          West Oxmoor Tower                certain conditions more fully
49236          Holiday Inn Express - Hialeah    set forth in the applicable
47827          Beverly Wilshire Retail          Mortgage Loan Documents.

50211          Independence Village - Peoria    The Mortgage Loan Documents
               Independence Village -           provide for a release of the
50212          Winston Salem                    cross collateralized Mortgaged
                                                Property upon certain conditions
                                                more fully set forth in the
                                                applicable Mortgage Loan
                                                Documents.

49900          Renaissance                      The Mortgage Loan Documents
                                                provide for a release of a
                                                portion of the Mortgaged
                                                Property in connection with the
                                                partial defeasance of the Loan
                                                upon certain conditions more
                                                fully set forth in the
                                                applicable Mortgage Loan
                                                Documents.

Exception to Representation 26 -Non Equity Participation:

ID#            Mortgage Loan(s)                 Description of Exception
---            ----------------                 ------------------------
49529          Kerr- 407 West Main St.          A party related to the Seller
49525          Kerr Drug - Johns Island         owns the borrower.
49513          Kerr Drug - Maxton
49524          Kerr Drug - St. Pauls
49526          Kerr Drug - Summerville

Exception to Representation 29 - Local Law Compliance:

ID#            Mortgage Loan(s)                 Description of Exception
---            ----------------                 ------------------------
49576          Chefalo Self Storage             Non-conforming use.

Exception to Representation 30 - Junior Liens:

ID#            Mortgage Loan(s)                 Description of Exception
---            ----------------                 ------------------------
49168          120 Wall Street                  Seller's mortgage encumbers,
                                                inter alia, both the fee and
                                                leasehold interests in the units
                                                owned by IDA and leased to
                                                borrower (collectively the "IDA
                                                Units"). The there are four
                                                subordinate mortgages (which
                                                secure certain Bond obligations,
                                                collectively the "Bond
                                                Mortgages") encumbering the
                                                leasehold interests in the IDA
                                                Units. The bond holder (which is
                                                the borrower under the subject
                                                loan) has pledged to Seller, the
                                                bond holder's interest under the
                                                Bonds and the related mortgages,
                                                and has agreed that there shall
                                                not be any foreclosure of any of
                                                the Bond Mortgages without
                                                Seller's consent.

Exception to Representation 36 -Due on Sale:

ID#            Mortgage Loan(s)                 Description of Exception
---            ----------------                 ------------------------
49900          Renaissance                      Mezzanine financing secured by
50719          8700 Commerce Park               interests in the applicable
49649          Main Place Shopping Center       borrower is permitted, provided
50344          1120 Nasa                        the conditions in the applicable
                                                Mortgage Loan Agreement are
                                                satisfied.

47567          Grande Apartments                Mezzanine financing secured by
49430          Reddington El Paso Office        interests in the applicable
                                                borrower exists.

Exception to Representation 38 - Non-Recourse Exceptions:

ID#            Mortgage Loan(s)                 Description of Exception
---            ----------------                 ------------------------
49962          Silver Kimco                     No natural person is liable for
49330          Edinburg                         damages arising in the case of
50686          Valley Forge                     fraud or willful
49370          Tempe St. Luke's Office          misrepresentation by the
               Building                         Mortgagor, misappropriation of
49866          Rendina - Southpointe            rents, insurance proceeds, or
               Medical Center                   condemnation awards and breaches
49368          Osler Medical Arts Pavilion      of environmental covenants.
49529          Kerr- 407 West Main St.
49527          Kerr- 722 West Independence
               Blvd
49518          Kerr Drug - Franklinton
49525          Kerr Drug - Johns Island
49513          Kerr Drug - Maxton
49520          Kerr Drug - Raleigh
49524          Kerr Drug - St. Pauls
49526          Kerr Drug - Summerville
50212          Independence Village -
               Winston Salem
50211          Independence Village - Peoria
49236          Holiday Inn Express - Hialeah
49660          Hilton Suites Anaheim
49367          Congress Professional Center
               I
49705          Atrium Office Park
50377          5450 Northwest Central

42651          JFK Medical Pavilion I           No natural person is liable for
                                                damages arising in the case of
                                                breaches of environmental
                                                covenants.

49886          North Rivers Business Center     Limit on environmental indemnity
                                                not to exceed $1,000,000

<PAGE>

                                   SCHEDULE 2

Representation 7 -Condition of Property:

(a) Loans Subject to Engineering Report within 18 months prior to Cut-off Date:

            All Mortgage Loans other than JFK Medical Pavilion (ID # 42651)

(b) Loans Not Subject to Engineering Report within 18 months prior to the
Cut-off Date:

            JFK Medical Pavilion (ID # 42651)

Representation 12 - Environmental Conditions:

(a) Loans Subject to Environmental Site Assessment within 18 months prior to
Cut-off Date:

            All Mortgage Loans other than JFK Medical Pavilion (ID # 42651)

(b) Loans Not Subject to Environmental Site Assessment within 18 months prior to
the Cut-off Date:

            JFK Medical Pavilion (ID # 42651)

<PAGE>

                                    EXHIBIT A

           REPRESENTATIONS AND WARRANTIES OF THE MORTGAGE LOAN SELLER

                     REGARDING THE INDIVIDUAL MORTGAGE LOANS

      With respect to each Mortgage Loan, the Mortgage Loan Seller hereby
represents and warrants, as of the date hereinbelow specified or, if no such
date is specified, as of the Closing Date, except as set forth on Schedule B-1
hereto, that:

            1) Mortgage Loan Schedule. The information set forth in the Mortgage
      Loan Schedule is complete, true and correct in all material respects as of
      the date of this Agreement and as of the Cut-off Date.

            2) Whole Loan; Ownership of Mortgage Loans. Each Mortgage Loan is a
      whole loan and not a participation interest in a mortgage loan.
      Immediately prior to the transfer to the Purchaser of the Mortgage Loans,
      the Seller had good title to, and was the sole owner of, each Mortgage
      Loan. The Seller has full right, power and authority to transfer and
      assign each of the Mortgage Loans to or at the direction of the Purchaser
      and has validly and effectively conveyed (or caused to be conveyed) to the
      Purchaser or its designee all of the Seller's legal and beneficial
      interest in and to the Mortgage Loans free and clear of any and all
      pledges, liens, charges, security interests and/or other encumbrances. The
      sale of the Mortgage Loans to the Purchaser or its designee does not
      require the Seller to obtain any governmental or regulatory approval or
      consent that has not been obtained.

            3) Payment Record. No scheduled payment of principal and interest
      under any Mortgage Loan was 30 days or more past due as of the Cut-off
      Date, and no Mortgage Loan was 30 days or more delinquent in the
      twelve-month period immediately preceding the Cut-off Date.

            4) Lien; Valid Assignment. Each related Mortgage is a valid and,
      subject to the exceptions set forth in paragraph 13 below, enforceable
      first lien on the related Mortgaged Property, subject only to Permitted
      Encumbrances. None of the Permitted Encumbrances, individually or in the
      aggregate, materially interferes with the security intended to be provided
      by such Mortgage, the marketability or current use of the Mortgaged
      Property, or the current ability of the Mortgaged Property to generate
      operating income sufficient to service the Mortgage Loan debt. The related
      assignment of such Mortgage executed and delivered in favor of the Trustee
      is in recordable form and constitutes a legal, valid and binding
      assignment sufficient to convey to the assignee named therein all of the
      assignor's right, title and interest in, to and under such Mortgage. Such
      Mortgage, together with any separate security agreements, chattel
      mortgages or equivalent instruments, establishes and creates a valid and,
      subject to the exceptions set forth in paragraph 13 below, enforceable
      security interest in favor of the holder thereof in all of the related
      Mortgagor's personal property used in, and reasonably necessary to
      operate, the related Mortgaged Property. In the case of a Mortgaged
      Property operated as a hotel or an assisted living facility, the
      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. A Uniform Commercial Code financing statement
      has been filed and/or recorded in all places necessary to perfect a valid
      security interest in such personal property, to the extent a security
      interest may be so created therein, and such security interest is a first
      priority security interest, subject to any prior purchase money security
      interest in such personal property and any personal property leases
      applicable to such personal property. Notwithstanding the foregoing, no
      representation is made as to the perfection of any security interest in
      rents or other personal property to the extent that possession or control
      of such items or actions other than the filing of Uniform Commercial Code
      financing statements are required in order to effect such perfection.

            5) Assignment of Leases and Rents. The Assignment of Leases related
      to and delivered in connection with each Mortgage Loan establishes and
      creates a valid, subsisting and, subject to the exceptions set forth in
      paragraph 13 below, enforceable first priority lien and first priority
      security interest in the related Mortgagor's interest in all leases,
      sub-leases, licenses or other agreements pursuant to which any person is
      entitled to occupy, use or possess all or any portion of the real property
      subject to the related Mortgage, and each assignor thereunder has the full
      right to assign the same. The related assignment of any Assignment of
      Leases not included in a Mortgage has been executed and delivered in favor
      of the Trustee and is in recordable form and constitutes a legal, valid
      and binding assignment, sufficient to convey to the assignee named therein
      all of the assignor's right, title and interest in, to and under such
      Assignment of Leases.

            6) Mortgage Status; Waivers and Modifications. No Mortgage has been
      satisfied, cancelled, rescinded or subordinated in whole or in part, and
      the related Mortgaged Property has not been released from the lien of such
      Mortgage, in whole or in part (except for partial reconveyances of real
      property that are set forth on Schedule B-1 to this Exhibit B), nor has
      any instrument been executed that would effect any such satisfaction,
      cancellation, subordination, rescission or release, in any manner that, in
      each case, materially adversely affects the value of the related Mortgaged
      Property. None of the terms of any Mortgage Note, Mortgage or Assignment
      of Leases has been impaired, waived, altered or modified in any respect,
      except by written instruments, all of which are included in the related
      Mortgage File; and since the later of the date of delivery of the relevant
      due diligence file for the Mortgage Loan or any supplement to such file,
      no waiver, consent, modification, assumption, alteration, satisfaction,
      cancellation, subordination or rescission which changes the terms of, or
      the security for, the Mortgage Loan in any material respect has been
      given.

            7) Condition of Property; Condemnation. (i) With respect to the
      Mortgaged Properties securing the Mortgage Loans that were the subject of
      an engineering report within 18 months prior to the Cut-off Date as set
      forth on Schedule B-2 to this Exhibit B, each Mortgaged Property is, to
      the Seller's knowledge, free and clear of any damage (or adequate reserves
      therefor have been established) that would materially and adversely affect
      its value as security for the related Mortgage Loan, and (ii) with respect
      to the Mortgaged Properties securing the Mortgage Loans that were not the
      subject of an engineering report within 18 months prior to the Cut-off
      Date as set forth on Schedule B-2 to this Exhibit B, each Mortgaged
      Property is in good repair and condition and all building systems
      contained therein are in good working order (or adequate reserves therefor
      have been established) and each Mortgaged Property is free of structural
      defects, in each case, that would materially and adversely affect its
      value as security for the related Mortgage Loan as of the date hereof. The
      Seller has received no notice of the commencement of any proceeding for
      the condemnation of all or any material portion of any Mortgaged Property.
      To the Seller's knowledge (based on surveys and/or title insurance
      obtained in connection with the origination of the Mortgage Loans), as of
      the date of the origination of each Mortgage Loan, all of the material
      improvements on the related Mortgaged Property that were considered in
      determining the appraised value of the Mortgaged Property lay wholly
      within the boundaries and building restriction lines of such property,
      except for encroachments that are insured against by the lender's title
      insurance policy referred to herein or that do not materially and
      adversely affect the value or marketability of such Mortgaged Property,
      and no improvements on adjoining properties materially encroached upon
      such Mortgaged Property so as to materially and adversely affect the value
      or marketability of such Mortgaged Property, except those encroachments
      that are insured against by the Title Policy referred to herein.

            8) Title Insurance. Each Mortgaged Property is covered by an
      American Land Title Association (or an equivalent form of) lender's title
      insurance policy or a marked-up title insurance commitment (on which the
      required premium has been paid) which evidences such title insurance
      policy (the "Title Policy") in the original principal amount of the
      related Mortgage Loan after all advances of principal. Each Title Policy
      insures that the related Mortgage is a valid first priority lien on such
      Mortgaged Property, subject only to Permitted Encumbrances. Each Title
      Policy (or, if it has yet to be issued, the coverage to be provided
      thereby) is in full force and effect, all premiums thereon have been paid,
      and no material claims have been made thereunder and no claims have been
      paid thereunder. No holder of the related Mortgage has done, by act or
      omission, anything that would materially impair the coverage under such
      Title Policy. Immediately following the transfer and assignment of the
      related Mortgage Loan to the Trustee, such Title Policy (or, if it has yet
      to be issued, the coverage to be provided thereby) will inure to the
      benefit of the Trustee without the consent of or notice to the insurer. To
      the Seller's knowledge, the insurer issuing such Title Policy is qualified
      to do business in the jurisdiction in which the related Mortgaged Property
      is located.

            9) No Holdbacks. The proceeds of each Mortgage Loan have been fully
      disbursed and there is no obligation for future advances with respect
      thereto. With respect to each Mortgage Loan, any and all requirements as
      to completion of any on-site or off-site improvement and as to
      disbursements of any funds escrowed for such purpose that were to have
      been complied with on or before the Closing Date have been complied with,
      or any such funds so escrowed have not been released.

            10) Mortgage Provisions. The Mortgage Note or Mortgage for each
      Mortgage Loan, together with applicable state law, contains customary and
      enforceable provisions (subject to the exceptions set forth in paragraph
      13) such as to render the rights and remedies of the holder thereof
      adequate for the practical realization against the related Mortgaged
      Property of the principal benefits of the security intended to be provided
      thereby.

            11) Trustee under Deed of Trust. If any Mortgage is a deed of trust,
      (i) a trustee, duly qualified under applicable law to serve as such, is
      properly designated and serving under such Mortgage, and (ii) no fees or
      expenses are payable to such trustee by the Seller, the Purchaser or any
      transferee thereof except in connection with a trustee's sale after
      default by the related Mortgagor or in connection with any full or partial
      release of the related Mortgaged Property or related security for the
      related Mortgage Loan.

            12) Environmental Conditions.

                  i) With respect to the Mortgaged Properties securing the
            Mortgage Loans that were the subject of an environmental site
            assessment within 18 months prior to the Cut-off Date as set forth
            on Schedule B-2 to this Exhibit B, an environmental site assessment,
            or an update of a previous such report, was performed with respect
            to each Mortgaged Property in connection with the origination or the
            sale of the related Mortgage Loan, a report of each such assessment
            (or the most recent assessment with respect to each Mortgaged
            Property) (an "Environmental Report") has been delivered to the
            Purchaser, and the Seller has no knowledge of any material and
            adverse environmental condition or circumstance affecting any
            Mortgaged Property that was not disclosed in such report. Each
            Mortgage requires the related Mortgagor to comply with all
            applicable federal, state and local environmental laws and
            regulations. Where such assessment disclosed the existence of a
            material and adverse environmental condition or circumstance
            affecting any Mortgaged Property, (i) a party not related to the
            Mortgagor was identified as the responsible party for such condition
            or circumstance or (ii) environmental insurance covering such
            condition was obtained or must be maintained until the condition is
            remediated, or (iii) the related Mortgagor was required either to
            provide additional security that was deemed to be sufficient by the
            originator in light of the circumstances and/or to establish an
            operations and maintenance plan. In the case of each Mortgage Loan
            set forth on Schedule B-1 to this Exhibit B, (i) such Mortgage Loan
            is the subject of a Secured Creditor Impaired Property Policy,
            issued by the issuer set forth on Schedule B-1 (the "Policy Issuer")
            and effective as of the date thereof (the "Environmental Insurance
            Policy"), (ii) the Environmental Insurance Policy is in full force
            and effect, (iii)(a) a property condition or engineering report was
            prepared with respect to lead based paint ("LBP"), asbestos
            containing materials ("ACM") and radon gas ("RG") at each related
            Mortgaged Property, and (b) if such report disclosed the existence
            of a material and adverse LBP, ACM or RG environmental condition or
            circumstance affecting the related Mortgaged Property, the related
            Mortgagor (A) was required to remediate the identified condition
            prior to closing the Mortgage Loan or provide additional security or
            establish with the lender a reserve from loan proceeds, in an amount
            deemed to be sufficient by the Seller, for the remediation of the
            problem, and/or (B) agreed in the Mortgage Loan documents to
            establish an operations and maintenance plan after the closing of
            the Mortgage Loan, (iv) on the effective date of the Environmental
            Insurance Policy, Seller as originator had no knowledge of any
            material and adverse environmental condition or circumstance
            affecting the Mortgaged Property (other than the existence of LBP,
            ACM or RG) that was not disclosed to the Policy Issuer in one or
            more of the following: (a) the application for insurance, (b) a
            borrower questionnaire that was provided to the Policy Issuer, or
            (c) an engineering or other report provided to the Policy Issuer,
            and (v) the premium of any Environmental Insurance Policy has been
            paid through the maturity of the policy's term and the term of such
            policy extends at least five years beyond the maturity of the
            Mortgage Loan.

                  ii) With respect to the Mortgaged Properties securing the
            Mortgage Loans that were not the subject of an environmental site
            assessment within 18 months prior to the Cut-off Date as set forth
            on Schedule B-2 to this Exhibit B, (i) no Hazardous Material is
            present on such Mortgaged Property such that (1) the value of such
            Mortgaged Property is materially and adversely affected or (2) under
            applicable federal, state or local law, (a) such Hazardous Material
            could be required to be eliminated at a cost materially and
            adversely affecting the value of the Mortgaged Property before such
            Mortgaged Property could be altered, renovated, demolished or
            transferred, or (b) the presence of such Hazardous Material could
            (upon action by the appropriate governmental authorities) subject
            the owner of such Mortgaged Property, or the holders of a security
            interest therein, to liability for the cost of eliminating such
            Hazardous Material or the hazard created thereby at a cost
            materially and adversely affecting the value of the Mortgaged
            Property, and (ii) such Mortgaged Property is in material compliance
            with all applicable federal, state and local laws pertaining to
            Hazardous Materials or environmental hazards, any noncompliance with
            such laws does not have a material adverse effect on the value of
            such Mortgaged Property, and neither Seller nor, to Seller's
            knowledge, the related Mortgagor or any current tenant thereon, has
            received any notice of violation or potential violation of any such
            law.

                  iii) "Hazardous Materials" means gasoline, petroleum products,
            explosives, radioactive materials, polychlorinated biphenyls or
            related or similar materials and any other substance or material as
            may be defined as a hazardous or toxic substance by any federal,
            state or local environmental law ordinance, rule, regulation or
            order, including without limitation, the Comprehensive Environmental
            Response, Compensation and Liability Act of 1980, as amended (42
            U.S.C. ss.ss. 9601 et seq.), the Hazardous Materials Transportation
            Act as amended (42 U.S.C. ss.ss. 6901 et seq.), the Federal Water
            Pollution Control Act as amended (33 U.S.C. ss.ss. 1251 et seq.),
            the Clean Air Act (42 U.S.C. ss.ss. 1251 et seq.) and any
            regulations promulgated pursuant thereto.

            13) Loan Document Status. Each Mortgage Note, Mortgage and other
      agreement that evidences or secures such Mortgage Loan and was executed by
      or on behalf of the related Mortgagor is the legal, valid and binding
      obligation of the maker thereof (subject to any non-recourse provisions
      contained in any of the foregoing agreements and any applicable state
      anti-deficiency or market value limit deficiency legislation), enforceable
      in accordance with its terms, except as such enforcement may be limited by
      bankruptcy, insolvency, reorganization 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 there is no valid defense,
      counterclaim or right of offset or rescission available to the related
      Mortgagor with respect to such Mortgage Note, Mortgage or other agreement.

            14) Insurance. Each Mortgaged Property is, and is required pursuant
      to the related Mortgage to be, insured by (a) a fire and extended perils
      insurance policy providing coverage against loss or damage sustained by
      reason of fire, lightning, windstorm, hail, explosion, riot, riot
      attending a strike, civil commotion, aircraft, vehicles and smoke, and, to
      the extent required as of the date of origination by the originator of
      such Mortgage Loan consistent with its normal commercial mortgage lending
      practices, against other risks insured against by persons operating like
      properties in the locality of the Mortgaged Property in an amount not less
      than the lesser of the principal balance of the related Mortgage Loan and
      the replacement cost of the Mortgaged Property, and contains no provisions
      for a deduction for depreciation, and not less than the amount necessary
      to avoid the operation of any co-insurance provisions with respect to the
      Mortgaged Property; (b) a business interruption or rental loss insurance
      policy, in an amount at least equal to six months of operations of the
      Mortgaged Property; (c) a flood insurance policy (if any portion of
      buildings or other structures on the Mortgaged Property are located in an
      area identified by the Federal Emergency Management Agency as having
      special flood hazards and the Federal Emergency Management Agency requires
      flood insurance to be maintained); and (d) a comprehensive general
      liability insurance policy in amounts as are generally required by
      commercial mortgage lenders, and in any event not less than $1 million per
      occurrence. Such insurance policy contains a standard mortgagee clause
      that names the mortgagee as an additional insured in the case of liability
      insurance policies and as a loss payee in the case of property insurance
      policies and requires prior notice to the holder of the Mortgage of
      termination or cancellation. No such notice has been received, including
      any notice of nonpayment of premiums, that has not been cured. Each
      Mortgage obligates the related Mortgagor to maintain all such insurance
      and, upon such Mortgagor's failure to do so, authorizes the holder of the
      Mortgage to maintain such insurance at the Mortgagor's cost and expense
      and to seek reimbursement therefor from such Mortgagor. Each Mortgage
      provides that casualty insurance proceeds will be applied (a) to the
      restoration or repair of the related Mortgaged Property, (b) to the
      restoration or repair of the related Mortgaged Property, with any excess
      insurance proceeds after restoration or repair being paid to the
      Mortgagor, or (c) to the reduction of the principal amount of the Mortgage
      Loan.

            15) Taxes and Assessments. As of the Closing Date, there are no
      delinquent or unpaid taxes, assessments (including assessments payable in
      future installments) or other outstanding charges affecting any Mortgaged
      Property that are or may become a lien of priority equal to or higher than
      the lien of the related Mortgage. For purposes of this representation and
      warranty, real property taxes and assessments shall not be considered
      unpaid until the date on which interest or penalties would be first
      payable thereon.

            16) Mortgagor Bankruptcy. No Mortgaged Property, nor any portion
      thereof is the subject of, and no Mortgagor under a Mortgage loan is, a
      debtor in any state or federal bankruptcy or insolvency or similar
      proceeding.

            17) Leasehold Estate. Each Mortgaged Property consists of a fee
      simple estate in real estate or, if the related Mortgage Loan is secured
      in whole or in part by the interest of a Mortgagor as a lessee under a
      ground lease of a Mortgaged Property (a "Ground Lease"), by the related
      Mortgagor's interest in the Ground Lease but not by the related fee
      interest in such Mortgaged Property (the "Fee Interest"), and as to such
      Ground Leases:

                  i) Such Ground Lease or a memorandum thereof has been or will
            be duly recorded; such Ground Lease (or the related estoppel letter
            or lender protection agreement between the Seller and related
            lessor) does not prohibit the current use of the Mortgaged Property
            and does not prohibit the interest of the lessee thereunder to be
            encumbered by the related Mortgage; and there has been no material
            change in the payment terms of such Ground Lease since the
            origination of the related Mortgage Loan, with the exception of
            material changes reflected in written instruments that are a part of
            the related Mortgage File;

                  ii) The lessee's interest in such Ground Lease is not subject
            to any liens or encumbrances superior to, or of equal priority with,
            the related Mortgage, other than Permitted Encumbrances;

                  iii) The Mortgagor's interest in such Ground Lease is
            assignable to the Purchaser and its successors and assigns upon
            notice to, but without the consent of, the lessor thereunder (or, if
            such consent is required, it has been obtained prior to the Closing
            Date) and, in the event that it is so assigned, is further
            assignable by the Purchaser and its successors and assigns upon
            notice to, but without the need to obtain the consent of, such
            lessor or if such lessor's consent is required it cannot be
            unreasonably withheld;

                  iv) Such Ground Lease is in full force and effect, and the
            Ground Lease provides that no material amendment to such Ground
            Lease is binding on a mortgagee unless the mortgagee has consented
            thereto, and the Seller has received no notice that an event of
            default has occurred thereunder, and, to the Seller's knowledge,
            there exists no condition that, but for the passage of time or the
            giving of notice, or both, would result in an event of default under
            the terms of such Ground Lease;

                  v) Such Ground Lease or an estoppel letter or other agreement,
            (A) requires the lessor under such Ground Lease to give notice of
            any default by the lessee to the holder of the Mortgage; and (B)
            provides that no notice of termination given under such Ground Lease
            is effective against the holder of the Mortgage unless a copy of
            such notice has been delivered to such holder and the lessor has
            offered or is required to enter into a new lease with such holder on
            terms that do not materially vary from the economic terms of the
            Ground Lease.

                  vi) A mortgagee is permitted a reasonable opportunity
            (including, where necessary, sufficient time to gain possession of
            the interest of the lessee under such Ground Lease) to cure any
            default under such Ground Lease, which is curable after the receipt
            of notice of any such default, before the lessor thereunder may
            terminate such Ground Lease;

                  vii) Such Ground Lease has an original term (including any
            extension options set forth therein) which extends not less than
            twenty 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 or
            condemnation award awarded to the holder of the ground lease
            interest will be applied either (A) to the repair or restoration of
            all or part of the related Mortgaged Property, with the mortgagee or
            a trustee appointed by the related Mortgage having the right to hold
            and disburse such proceeds as the repair or restoration progresses
            (except in such cases where a provision entitling a third party to
            hold and disburse such proceeds would not be viewed as commercially
            unreasonable by a prudent commercial mortgage lender), or (B) to the
            payment of the outstanding principal balance of the Mortgage Loan
            together with any accrued interest thereon;

                  ix) Such Ground Lease does not impose any restrictions on
            subletting which would be viewed as commercially unreasonable by
            prudent commercial mortgage lenders lending on a similar Mortgaged
            Property in the lending area where the Mortgaged Property is
            located; and such Ground Lease contains a covenant that the lessor
            thereunder is not permitted, in the absence of an uncured default,
            to disturb the possession, interest or quiet enjoyment of the lessee
            thereunder for any reason, or in any manner, which would materially
            adversely affect the security provided by the related Mortgage; and

                  x) Such Ground Lease requires the Lessor to enter into a new
            lease upon termination of such Ground Lease if the Ground Lease is
            rejected in a bankruptcy proceeding.

            18) Escrow Deposits. All escrow deposits and payments relating to
      each Mortgage Loan that are, as of the Closing Date, required to be
      deposited or paid have been so deposited or paid.

            19) Qualified Mortgage. Such Mortgage Loan is a "qualified mortgage"
      within the meaning of Section 860G(a)(3) of the Code and Treasury
      regulation section 1.860G-2(a), and the related Mortgaged Property, if
      acquired in connection with the default or imminent default of such
      Mortgage Loan, would constitute "foreclosure property" within the meaning
      of Section 860G(a)(8) (without regard to Section 856(e)(4) of the Code).

            20) [Reserved];

            21) Advancement of Funds by the Seller. No holder of a Mortgage Loan
      has advanced funds or induced, solicited or knowingly received any advance
      of funds from a party other than the owner of the related Mortgaged
      Property, directly or indirectly, for the payment of any amount required
      by such Mortgage Loan.

            22) No Mechanics' Liens. Each Mortgaged Property is free and clear
      of any and all mechanics' and materialmen's liens that are prior or equal
      to the lien of the related Mortgage, and no rights are outstanding that
      under law could give rise to any such lien that would be prior or equal to
      the lien of the related Mortgage except, in each case, for liens insured
      against by the Title Policy referred to herein.

            23) Compliance with Usury Laws. Each Mortgage Loan complied with all
      applicable usury laws in effect at its date of origination.

            24) Cross-collateralization. Except as set forth on Schedule B-1 to
      this Exhibit B, no Mortgage Loan is cross-collateralized or
      cross-defaulted with any loan other than one or more other Mortgage Loans.

            25) Releases of Mortgaged Property. Except as described in the next
      sentence, no Mortgage Note or Mortgage requires the mortgagee to release
      all or any material portion of the related Mortgaged Property that was
      included in the appraisal for such Mortgaged Property, and/or generates
      income from the lien of the related Mortgage except upon payment in full
      of all amounts due under the related Mortgage Loan or in connection with
      the defeasance provisions of the related Note and Mortgage. The Mortgages
      relating to those Mortgage Loans identified on Schedule B-1 hereto require
      the mortgagee to grant releases of portions of the related Mortgaged
      Properties upon (a) the satisfaction of certain legal and underwriting
      requirements and/or (b) the payment of a release price and prepayment
      consideration in connection therewith. Except as described in the first
      sentence hereof and for those Mortgage Loans identified on Schedule B-1
      hereto, no Mortgage Loan permits the full or partial release or
      substitution of collateral unless the mortgagee or servicer can require
      the Borrower to provide an opinion of tax counsel to the effect that such
      release or substitution of collateral (a) would not constitute a
      "significant modification" of such Mortgage Loan within the meaning of
      Treas. Reg. ss.1.1001-3 and (b) would not cause such Mortgage Loan to fail
      to be a "qualified mortgage" within the meaning of Section 860G(a)(3)(A)
      of the Code.

            26) No Equity Participation or Contingent Interest. No Mortgage Loan
      contains any equity participation by the lender or provides for negative
      amortization (except that the ARD Loan may provide for the accrual of
      interest at an increased rate after the Anticipated Repayment Date) or for
      any contingent or additional interest in the form of participation in the
      cash flow of the related Mortgaged Property.

            27) No Material Default. There exists no material Event of Default,
      breach, violation or event of acceleration (and, to the Seller's actual
      knowledge, no event which, with the passage of time or the giving of
      notice, or both, would constitute any of the foregoing) under the
      documents evidencing or securing the Mortgage Loan, in any such case to
      the extent the same materially and adversely affects the value of the
      Mortgage Loan and the related Mortgaged Property; provided, however, that
      this representation and warranty does not address or otherwise cover any
      default, breach, violation or event of acceleration that specifically
      pertains to any matter otherwise covered by any other representation and
      warranty made by the Seller in any of paragraphs 3, 7, 12, 14, 15, 16 and
      17 of this Exhibit B.

            28) Inspections. The Seller (or if the Seller is not the originator,
      the originator of the Mortgage Loan) has inspected or caused to be
      inspected each Mortgaged Property in connection with the origination of
      the related Mortgage Loan.

            29) Local Law Compliance. Based on due diligence considered
      reasonable by prudent commercial mortgage lenders in the lending area
      where the Mortgaged Property is located, the improvements located on or
      forming part of each Mortgaged Property comply with applicable zoning laws
      and ordinances, or constitute a legal non-conforming use or structure or,
      if any such improvement does not so comply, such non-compliance does not
      materially and adversely affect the value of the related Mortgaged
      Property, such value as determined by the appraisal performed at
      origination or in connection with the sale of the related Mortgage Loan by
      the Seller hereunder.

            30) Junior Liens. None of the Mortgage Loans permits the related
      Mortgaged Property to be encumbered by any lien (other than a Permitted
      Encumbrance) junior to or of equal priority with the lien of the related
      Mortgage without the prior written consent of the holder thereof or the
      satisfaction of debt service coverage or similar criteria specified
      therein. The Seller has no knowledge that any of the Mortgaged Properties
      is encumbered by any lien junior to the lien of the related Mortgage.

            31) Actions Concerning Mortgage Loans. To the knowledge of the
      Seller, there are no actions, suits, or proceedings before any court,
      administrative agency or arbitrator concerning any Mortgage Loan,
      Mortgagor or related Mortgaged Property that might adversely affect title
      to the Mortgaged Property or the validity or enforceability of the related
      Mortgage or that might materially and adversely affect the value of the
      Mortgaged Property as security for the Mortgage Loan or the use for which
      the premises were intended.

            32) Servicing. The servicing and collection practices used by the
      Seller or any prior holder or servicer of each Mortgage Loan have been in
      all material respects legal, proper and prudent and have met customary
      industry standards.

            33) Licenses and Permits. To the Seller's knowledge, based on due
      diligence that it customarily performs in the origination of comparable
      mortgage loans, as of the date of origination of each Mortgage Loan or as
      of the date of the sale of the related Mortgage Loan by the Seller
      hereunder, the related Mortgagor was in possession of all material
      licenses, permits and franchises required by applicable law for the
      ownership and operation of the related Mortgaged Property as it was then
      operated.

            34) Assisted Living Facility Regulation. If the Mortgaged Property
      is operated as an assisted living facility, to the Seller's knowledge (a)
      the related Mortgagor is in compliance in all material respects with all
      federal and state laws applicable to the use and operation of the related
      Mortgaged Property, and (b) if the operator of the Mortgaged Property
      participates in Medicare or Medicaid programs, the facility is in
      compliance in all material respects with the requirements for
      participation in such programs.

            35) Collateral in Trust. The Mortgage Note for each Mortgage Loan is
      not secured by a pledge of any collateral that has not been assigned to
      the Purchaser.

            36) Due on Sale. 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 prior written consent of the
      holder of the Mortgage, the property subject to the Mortgage or any
      material portion thereof, or a controlling interest in the related
      Mortgagor, is transferred, sold, or encumbered; provided, however, that
      certain Mortgage Loans provide a mechanism for the assumption of the loan
      by a third party upon the Mortgagor's satisfaction of certain conditions
      precedent, and upon payment of a transfer fee, if any, or transfer of
      interests in the Mortgagor or constituent entities of the Mortgagor to a
      third party or parties related to the Mortgagor upon the Mortgagor's
      satisfaction of certain conditions precedent.

            37) Single Purpose Entity. The Mortgagor on each Mortgage Loan with
      a Cut-off Date Principal Balance in excess of $5 million, was, as of the
      origination of the Mortgage Loan, a Single Purpose Entity. For this
      purpose, a "Single Purpose Entity" shall mean an entity, other than an
      individual, whose organizational documents provide substantially to the
      effect that it was formed or organized solely for the purpose of owning
      and operating one or more of the Mortgaged Properties securing the
      Mortgage Loans and prohibit it from engaging in any business unrelated to
      such Mortgaged Property or Properties, and whose organizational documents
      further provide, or which entity represented in the related Mortgage Loan
      documents, substantially to the effect that it does not have any assets
      other than those related to its interest in and operation of such
      Mortgaged Property or Properties, or any indebtedness other than as
      permitted by the related Mortgage(s) or the other related Mortgage Loan
      documents, that it has its own books and records and accounts separate and
      apart from any other person (other than a Mortgagor for a Mortgage Loan
      that is cross-collateralized and cross-defaulted with the related Mortgage
      Loan), and that it holds itself out as a legal entity, separate and apart
      from any other person.

            38) Non-Recourse Exceptions. The Mortgage Loan documents for each
      Mortgage Loan provide that such Mortgage Loan constitutes either (a) the
      recourse obligations of at least one natural person or (b) the
      non-recourse obligations of the related Mortgagor, provided that at least
      one natural person (and the Mortgagor if the Mortgagor is not a natural
      person) is liable to the holder of the Mortgage Loan for damages arising
      in the case of fraud or willful misrepresentation by the Mortgagor,
      misappropriation of rents, insurance proceeds, or condemnation awards and
      breaches of the environmental covenants in the Mortgage Loan documents.

            39) Defeasance and Assumption Costs. The related Mortgage Loan
      Documents provide that the related borrower is responsible for the payment
      of all reasonable costs and expenses of the lender incurred in connection
      with the defeasance of such Mortgage Loan and the release of the related
      Mortgaged Property, and the borrower is required to pay all reasonable
      costs and expenses of the lender associated with the approval of an
      assumption of such Mortgage Loan.

            40) Defeasance. No Mortgage Loan provides that it can be defeased
      until the date that is more than two years after the Closing Date or
      provides that it can be defeased with any property other than government
      securities (as defined in Section 2(a)(16) of the Investment Company Act
      of 1940, as amended) or any direct non-callable security issued or
      guaranteed as to principal or interest by the United States.

            41) Prepayment Premiums. As of the applicable date of origination of
      each such Mortgage Loan, any prepayment premiums and yield maintenance
      charges payable under the terms of the Mortgage Loans, in respect of
      voluntary prepayments, constituted customary prepayment premiums and yield
      maintenance charges for commercial mortgage loans.

            42) Certain Leases. To Seller's knowledge, and without independent
      inquiry, (A) each commercial lease covering more than 10% (20% in the case
      of any Mortgage Loan having an original principal balance less than
      $2,500,000) of the net leaseable area of the related Mortgaged Property is
      in full force and effect and (B) there exists no default under any such
      commercial lease either by the lessee thereunder or by the related
      borrower that could give rise to the termination of such lease;

            43) Single Asset REMIC. With respect to each of the single asset
      REMICs, there has been no amendment, waiver, impairment, alteration, or
      modification to any provision of the related REMIC declaration or to any
      provisions of the related Mortgage Loan documents since the startup day of
      the single asset REMIC. With respect to each of the single asset REMICs,
      the single asset REMIC has been administered, the related Mortgage Loan
      has been serviced, and each provision of the related REMIC declaration has
      been complied with in a manner such that the single asset REMIC has not
      failed to qualify as a REMIC for federal income tax purposes at any time
      since the Startup Day.

      For purposes of these representations and warranties, the phrases "to the
knowledge of the Mortgage Loan Seller" or "to the Mortgage Loan Seller's
knowledge" shall mean (except where otherwise expressly set forth below) the
actual state of knowledge of the Mortgage Loan Seller (i) after the Mortgage
Loan Seller's having conducted such inquiry and due diligence into such matters
as would be customarily performed by prudent institutional commercial or
multifamily, as applicable, mortgage lenders, and in all events as required by
the Mortgage Loan Seller's underwriting standards, at the time of the Mortgage
Loan Seller's origination or acquisition of the particular Mortgage Loan; and
(ii) subsequent to such origination, utilizing the monitoring practices
customarily utilized by prudent commercial or multifamily, as applicable,
mortgage lenders with respect to securitizable commercial or multifamily, as
applicable, mortgage loans, including inquiry with a representative of the loan
servicer designated as the party responsible for the knowledge of the servicer
pertaining to the Mortgage Loans. Also for purposes of these representations and
warranties, the phrases "to the actual knowledge of the Mortgage Loan Seller" or
"to the Mortgage Loan Seller's actual knowledge" shall mean (except where
otherwise expressly set forth below) the actual state of knowledge of the
Mortgage Loan Seller without any express or implied obligation to make inquiry.
All information contained in the documents included in the definition of
Mortgage File in the Pooling and Servicing Agreement shall be deemed to be
within the knowledge and the actual knowledge of the Mortgage Loan Seller, to
the extent that the Mortgage Loan Seller or its closing counsel or custodian, if
any, has reviewed or had possession of such document at any time. For purposes
of these representations and warranties, to the extent that any representation
or warranty is qualified by the Mortgage Loan Seller's knowledge with respect to
the contents of the Mortgage Note, Mortgage, lender's title policy and any
letters of credit or Ground Leases, if such document is not included in the
Mortgage File, the Mortgage Loan Seller shall make such representation or
warranty without any such qualification. Wherever there is a reference in a
representation or warranty to receipt by, or possession of, the Mortgage Loan
Seller of any information or documents, or to any action taken by the Mortgage
Loan Seller or to any action which has not been taken by the Mortgage Loan
Seller or its agents or employees, such reference shall include the receipt or
possession of such information or documents by, or the taking of such action or
the not taking such action by, the Mortgage Loan Seller. For purposes of these
representations and warranties, when referring to the conduct of "reasonable
prudent institutional commercial or multifamily, as applicable mortgage lenders"
(or similar such phrases and terms), such conduct shall be measured by reference
to the industry standards generally in effect as of the date the related
representation or warranty relates to or is made.

It is understood and agreed that the representations and warranties set forth in
this Exhibit B shall survive delivery of the respective Mortgage Files to the
Purchaser and/or the Trustee and shall inure to the benefit of the Purchaser and
its successors and assigns (including without limitation the Trustee and the
holders of the Certificates), notwithstanding any restrictive or qualified
endorsement or assignment.

<PAGE>

                                    EXHIBIT B

                             AFFIDAVIT OF LOST NOTE

STATE OF NEW YORK       )
                        ) ss.:
COUNTY OF NEW YORK      )

            ____________________________, being duly sworn, deposes and says:

            1. that he is an authorized signatory of GMAC Commercial Mortgage
Corporation ("GMACCM");

            2. that _______________ is the owner and holder of a mortgage loan
in the original principal amount of $______________ secured by a mortgage (the
"Mortgage") on the premises known as ______________ ______________ located in
______________;

            3. that _______________, after having conducted a diligent
investigation of its records and files, has been unable to locate the following
original note and believes that said original note has been lost, misfiled,
misplaced or destroyed due to a clerical error:

            a note in the original sum of $______________ made by
            ______________, to _______________, under date of ______________
            (the "Note");

            4. that the Note is now owned and held by _______________;

            5. that the copy of the Note attached hereto is a true and correct
copy thereof;

            6. that the Note has not been paid off, satisfied, assigned,
transferred, encumbered, endorsed, pledged, hypothecated, or otherwise disposed
of and that the original Note has been either lost, misfiled, misplaced or
destroyed;

            7. that no other person, firm, corporation or other entity has any
right, title, interest or claim in the Note except _______________; and

            8. upon assignment of the Note by _______________ to Credit Suisse
First Boston Mortgage Securities Corp. (the "Depositor") and subsequent
assignment by Depositor to the trustee for the benefit of the holders of the
Credit Suisse First Boston Mortgage Securities Corp. Commercial Mortgage
Pass-Through Certificates, Series 2005-C5 (the "Trustee") (which assignment may,
at the discretion of Depositor, be made directly by _______________ to the
Trustee), _______________ covenants and agrees (a) promptly to deliver to the
Trustee the original Note if it is subsequently found, and (b) to indemnify and
hold harmless the Trustee and its successors and assigns from and against any
and all costs, expenses and monetary losses arising as a result of
_______________'s failure to deliver said original Note to the Trustee.

                                       GMAC COMMERCIAL MORTGAGE CORPORATION

                                       By:____________________________________
                                          Name:
                                          Title:

Sworn to before me this _____
day of __________, 2005EXHIBIT 4.4

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

              CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP.
                                   (Depositor)

                                       and

                      GENERAL ELECTRIC CAPITAL CORPORATION
                                    (Seller)

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

                        MORTGAGE LOAN PURCHASE AGREEMENT

                          Dated as of November 1, 2005

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

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

<PAGE>

                               TABLE OF CONTENTS

Section 1.   Transactions on or Prior to the Closing Date...................
Section 2.   Closing Date Actions...........................................
Section 3.   Conveyance of Mortgage Loans...................................
Section 4.   Depositor's Conditions to Closing..............................
Section 5.   Seller's Conditions to Closing.................................
Section 6.   Representations and Warranties of Seller.......................
Section 7.   Obligations of Seller..........................................
Section 8.   Crossed Mortgage Loans.........................................
Section 9.   Rating Agency Fees; Costs and Expenses Associated with a
              Defeasance ...................................................
Section 10.  Representations and Warranties of Depositor....................
Section 11.  Survival of Certain Representations, Warranties and Covenants..
Section 12.  Transaction Expenses...........................................
Section 13.  Recording Costs and Expenses...................................
Section 14.  Notices........................................................
Section 15.  Examination of Mortgage Files..................................
Section 16.  Successors.....................................................
Section 17.  Governing Law..................................................
Section 18.  Severability...................................................
Section 19.  Further Assurances.............................................
Section 20.  Counterparts...................................................
Section 21.  Characterization of Sale.......................................
Section 22.  Recordation of Agreement.......................................

Schedule I   Schedule of Transaction Terms
Schedule II  Mortgage Loan Schedule for GECC Loans
Schedule III Mortgage Loans Constituting Mortgage Groups
Schedule IV  Mortgage Loans with Lost Mortgage Notes
Schedule V   Exceptions with Respect to Seller's Representations and Warranties

Exhibit A    Representations and Warranties of Seller Regarding the Mortgage
Loans
Exhibit B    Form of Lost Mortgage Note Affidavit

<PAGE>

                        MORTGAGE LOAN PURCHASE AGREEMENT

            This Mortgage Loan Purchase Agreement (this "Agreement"), dated as
of November 1, 2005, is made by and between GENERAL ELECTRIC CAPITAL
CORPORATION, a Delaware corporation ("Seller"), and CREDIT SUISSE FIRST BOSTON
MORTGAGE SECURITIES CORP., a Delaware corporation ("Depositor").

                                    RECITALS

            I. Capitalized terms used herein without definition have the
meanings ascribed to them in the Schedule of Transaction Terms attached hereto
as Schedule I, which is incorporated herein by this reference, or, if not
defined therein or elsewhere in this Agreement, in the Pooling and Servicing
Agreement.

            II. On the Closing Date, and on the terms set forth herein, Seller
has agreed to sell to Depositor and Depositor has agreed to purchase from Seller
the mortgage loans identified on the schedule (the "Mortgage Loan Schedule")
annexed hereto as Schedule II (each such mortgage loan, a "Mortgage Loan" and,
collectively, the "Mortgage Loans"). Depositor intends to deposit the Mortgage
Loans and other assets into a trust fund (the "Trust Fund") created pursuant to
the Pooling and Servicing Agreement and to cause the issuance of the
Certificates.

                                    AGREEMENT

            NOW, THEREFORE, on the terms and conditions set forth below and for
good and valuable consideration, the receipt and adequacy of which is hereby
acknowledged, Depositor and Seller agree as follows:

            Section 1. Transactions on or Prior to the Closing Date. On or prior
to the Closing Date, Seller shall have delivered the Mortgage Files with respect
to each of the Mortgage Loans listed in the Mortgage Loan Schedule to Wells
Fargo Bank, N.A. as trustee (the "Trustee") or its designee, against receipt by
Seller of a trust receipt, pursuant to an arrangement between Seller and the
Trustee; provided, however, that item (p) in the definition of Mortgage File
(below) shall be delivered to the applicable Master Servicer for inclusion in
the Servicer File (defined below) with a copy delivered to the Trustee for
inclusion in the Mortgage File.

            Section 2. Closing Date Actions. The sale of the Mortgage Loans
shall take place on the Closing Date, subject to and simultaneously with the
deposit of the Mortgage Loans into the Trust Fund, the issuance of the
Certificates and the sale of (a) the Publicly Offered Certificates by Depositor
to the Underwriters pursuant to the Underwriting Agreement and (b) the Private
Certificates by Depositor to the Initial Purchaser pursuant to the Certificate
Purchase Agreement. The closing (the "Closing") shall take place at the offices
of Cadwalader, Wickersham & Taft LLP, One World Financial Center, New York, New
York 10281, or such other location as agreed upon between the parties hereto. On
the Closing Date, the following actions shall take place in sequential order on
the terms set forth herein:

            (i) Seller shall sell to Depositor, and Depositor shall purchase
      from Seller, the Mortgage Loans pursuant to this Agreement for the
      Mortgage Loan Purchase Price (as defined herein). The Mortgage Loan
      Purchase Price shall be paid by Depositor to Seller or at its direction by
      wire transfer in immediately available funds to an account designated by
      Seller on or prior to the Closing Date (or, by such other method as shall
      be mutually acceptable to Depositor and Seller). The "Mortgage Loan
      Purchase Price" paid by Depositor shall be equal to the amount that the
      Depositor and the Seller have mutually agreed upon as the Seller's share
      of the net securitization proceeds from the sale of the Publicly Offered
      Certificates and the Private Certificates as set forth in the Closing
      Statement (which amount includes, without limitation, accrued interest).

            (ii) Pursuant to the terms of the Pooling and Servicing Agreement,
      Depositor shall sell all of its right, title and interest in and to the
      Mortgage Loans to the Trustee for the benefit of the Holders of the
      Certificates.

            (iii) Depositor shall sell to the Underwriters, and the Underwriters
      shall purchase from Depositor, the Publicly Offered Certificates pursuant
      to the Underwriting Agreement, and Depositor shall sell to the Initial
      Purchaser, and the Initial Purchaser shall purchase from Depositor, the
      Private Certificates pursuant to the Certificate Purchase Agreement.

            (iv) The Underwriters will offer the Publicly Offered Certificates
      for sale to the public pursuant to the Prospectus and the Prospectus
      Supplement and the Initial Purchaser will privately place certain classes
      of the Private Certificates pursuant to the Offering Circular.

            Section 3. Conveyance of Mortgage Loans. On the Closing Date, Seller
shall sell, convey, assign and transfer, subject to any related servicing rights
of any applicable Master Servicer under, and/or any applicable Primary Servicer
contemplated by, the Pooling and Servicing Agreement, without recourse except as
provided herein, to Depositor, free and clear of any liens, claims or other
encumbrances, all of Seller's right, title and interest in, to and under: each
of the Mortgage Loans identified on the Mortgage Loan Schedule, including,
without limitation, (A) all scheduled payments of interest and principal due on
or with respect to the Mortgage Loans after the Cut-off Date and (B) all other
payments of interest, principal or yield maintenance charges received on or with
respect to the Mortgage Loans after the Cut-off Date, other than any such
payments of interest or principal or yield maintenance charges that were due on
or prior to the Cut-off Date. The Mortgage File for each Mortgage Loan shall
contain the following documents on a collective basis:

            (a) the original Note (or with respect to those Mortgage Loans
listed in Schedule IV hereto, a "lost note affidavit" substantially in the form
of Exhibit B hereto and a true and complete copy of the Note), bearing, or
accompanied by, all prior and intervening endorsements or assignments or
allonges showing a complete chain of endorsement or assignment from the Mortgage
Loan Originator either in blank or to Seller, and further endorsed (at the
direction of Depositor given pursuant to this Agreement) by Seller, on its face
or by allonge attached thereto, without recourse, either in blank or to the
order of the Trustee in the following form: "Pay to the order of Wells Fargo
Bank, N.A., as trustee for the registered Holders of Credit Suisse First Boston
Mortgage Securities Corp., Commercial Mortgage Pass-Through Certificates, Series
2005-C5, without recourse, representation or warranty, express or implied";

            (b) a duplicate original Mortgage or a counterpart thereof or, if
such Mortgage has been returned by the related recording office, (A) an
original, (B) a certified copy or (C) a copy thereof from the applicable
recording office, and originals or counterparts (or originals or copies of
certified copies from the applicable recording office) of any intervening
assignments thereof from the Mortgage Loan Originator to Seller, in each case in
the form submitted for recording or, if recorded, with evidence of recording
indicated thereon;

            (c) an original assignment of the Mortgage, in recordable form
(except for any missing recording information and, if applicable, completion of
the name of the assignee), from Seller (or the Mortgage Loan Originator) either
in blank or to "Wells Fargo Bank, N.A., as trustee for the registered Holders of
Credit Suisse First Boston Mortgage Securities Corp., Commercial Mortgage
Pass-Through Certificates, Series 2005-C5";

            (d) an original, counterpart or copy of any related Assignment of
Leases (if such item is a document separate from the Mortgage), and the
originals, counterparts or copies of any intervening assignments thereof from
the Mortgage Loan Originator of the Loan to Seller, in each case in the form
submitted for recording or, if recorded, with evidence of recording thereon;

            (e) an original assignment of any related Assignment of Leases (if
such item is a document separate from the Mortgage and to the extent not already
assigned pursuant to clause (c) above), in recordable form (except for any
missing recording information and, if applicable, completion of the name of the
assignee), from Seller (or the Mortgage Loan Originator), either in blank or to
"Wells Fargo Bank, N.A., as trustee for the registered Holders of Credit Suisse
First Boston Mortgage Securities Corp., Commercial Mortgage Pass-Through
Certificates, Series 2005-C5";

            (f) an original or true and complete copy of any related Security
Agreement (if such item is a document separate from the Mortgage), and the
originals or copies of any intervening assignments thereof from the Mortgage
Loan Originator to Seller;

            (g) an original assignment of any related Security Agreement (if
such item is a document separate from the Mortgage and to the extent not already
assigned pursuant to clause (c) above), from Seller (or the Mortgage Loan
Originator) either in blank or to "Wells Fargo Bank, N.A., as trustee for the
registered Holders of Credit Suisse First Boston Mortgage Securities Corp.,
Commercial Mortgage Pass-Through Certificates, Series 2005-C5," which assignment
may be included as part of an omnibus assignment covering other documents
relating to the Mortgage Loan (provided that such omnibus assignment is
effective under applicable law);

            (h) originals or copies of all (A) assumption agreements, (B)
modifications, (C) written assurance agreements and (D) substitution agreements,
together with any evidence of recording thereon or in the form submitted for
recording, in those instances where the terms or provisions of the Mortgage,
Note or any related security document have been modified or the Mortgage Loan
has been assumed;

            (i) the original lender's title insurance policy or a copy thereof
(together with all endorsements or riders that were issued with or subsequent to
the issuance of such policy), or if the policy has not yet been issued, the
original or a copy of a binding written commitment (which may be a pro forma or
specimen title insurance policy which has been accepted or approved in writing
by the related title insurance company) or interim binder that is marked as
binding and countersigned by the title company, insuring the priority of the
Mortgage as a first lien on the related Mortgaged Property, relating to such
Mortgage Loan;

            (j) the original or a counterpart of any guaranty of the obligations
of the Borrower under the Mortgage Loan;

            (k) UCC acknowledgement, certified or other copies of all UCC
Financing Statements and continuation statements which show the filing or
recording thereof (including the filing number or other similar filing
information) or, alternatively, other evidence of filing or recording (including
the filing number or other similar filing information) acceptable to the Trustee
(including, without limitation, evidence of such filed or recorded UCC Financing
Statement as shown on a written UCC search report from a reputable search firm,
such as Corporation Service Company, CT Corporation System and the like or
printouts of on-line confirmations from such UCC filing or recording offices or
authorized agents thereof), sufficient to perfect (and maintain the perfection
of) the security interest held by the Mortgage Loan Originator (and each
assignee of record prior to the Trustee) in and to the personalty of the
Borrower at the Mortgaged Property, and original UCC Financing Statement
assignments, in a form suitable for filing or recording, sufficient to assign
each such UCC Financing Statement to the Trustee;

            (l) the original or copy of the power of attorney (with evidence of
recording thereon) granted by the Borrower if the Mortgage, Note or other
document or instrument referred to above was not signed by the Borrower;

            (m) with respect to any debt of a Borrower permitted under the
related Mortgage Loan, an original or copy of a subordination agreement,
standstill agreement or other intercreditor, co-lender or similar agreement
relating to such other debt, if any, including any mezzanine loan documents or
preferred equity documents, and a copy of the promissory note relating to such
other debt (if such other debt is also secured by the related Mortgage);

            (n) with respect to any Cash Collateral Accounts and Lock-Box
Accounts, an original or copy of any related account control agreement;

            (o) an original or copy of any related Loan Agreement (if separate
from the related Mortgage), and an original or copy of any related Lock-Box
Agreement or Cash Collateral Account Agreement (if separate from the related
Mortgage and Loan Agreement);

            (p) the originals and copies of letters of credit, if any, relating
to the Mortgage Loans and amendments thereto which entitles the Trust to draw
thereon; provided that in connection with the delivery of the Mortgage File to
the Trust, such originals shall be delivered to the applicable Master Servicer
and copies thereof shall be delivered to the Trustee;

            (q) any related environmental insurance policies and any
environmental guarantees or indemnity agreements or copies thereof;

            (r) the original or a copy of the ground lease, ground lease
memorandum and ground lease estoppels, if any, and any originals or copies of
amendments, modifications or extensions thereto, if any;

            (s) the original or copy of any property management agreement;

            (t) copies of franchise agreements and franchisor comfort letters,
if any, for hospitality properties and any applicable transfer/assignment
documents;

            (u) a checklist of the documents included in the subject Mortgage
File;

            (v) if applicable, the original or a counterpart of any post-closing
agreement relating to any modification, waiver or amendment of any term of any
Mortgage Loan (including fees charged the Borrower) required to be added to the
Mortgage File pursuant to Section 3.20(l) of the Pooling and Servicing
Agreement.

            Notwithstanding the foregoing, in the event that, in connection with
any Mortgage Loan, Seller cannot deliver, or cause to be delivered, an original,
counterpart or certified copy, as applicable, of any of the documents and/or
instruments required to be delivered pursuant to clauses (b), (d), (h), (k)
(other than assignments of UCC Financing Statements to be recorded or filed in
accordance with the transfer contemplated by this Agreement), (1) and (n) (other
than assignments of UCC Financing Statements to be recorded or filed in
accordance with the transfer contemplated by this Agreement) above and with
evidence of recording or filing thereon on the Closing Date, solely because of a
delay caused by the public recording or filing office where such document or
instrument has been delivered for recordation or filing, then the Seller: (i)
shall deliver, or cause to be delivered, to the Trustee or its designee a
duplicate original or true copy of such document or instrument certified by the
applicable public recording or filing office, the applicable title insurance
company or Seller to be a true and complete duplicate original or copy of the
original thereof submitted for recording or filing; and (ii) shall deliver, or
cause to be delivered, to the Trustee or its designee either the original of
such non-delivered document or instrument, or a photocopy thereof (certified by
the appropriate public recording or filing office to be a true and complete copy
of the original thereof submitted for recording or filing), with evidence of
recording or filing thereon (with a copy to the applicable Master Servicer),
within 120 days of the Closing Date, which period may be extended up to two
times, in each case for an additional period of 45 days (provided that Seller,
as certified in writing to the Trustee prior to each such 45-day extension, is
in good faith attempting to obtain from the appropriate county recorder's office
such original or photocopy). Compliance with this paragraph will satisfy
Seller's delivery requirements under this Section 3 with respect to the subject
document(s) and instrument(s).

            Notwithstanding the foregoing, in the event that, in connection with
any Mortgage Loan, Seller cannot deliver, or cause to be delivered, an original,
counterpart or certified copy, as applicable, of any of the documents and/or
instruments required to be delivered pursuant to clauses (b), (d), (h), (k)
(other than assignments of UCC Financing Statements to be recorded or filed in
accordance with the transfer contemplated by this Agreement), (1) and (n) (other
than assignments of UCC Financing Statements to be recorded or filed in
accordance with the transfer contemplated by this Agreement) above with evidence
of recording or filing thereon for any other reason, including without
limitation, that such non-delivered document or instrument has been lost, the
delivery requirements of this Agreement shall be deemed to have been satisfied
and such non-delivered document or instrument shall be deemed to have been
included in the related Mortgage File if a photocopy of such non-delivered
document or instrument (with evidence of recording or filing thereon and
certified by the appropriate recording or filing office to be a true and
complete copy of the original thereof as filed or recorded) is delivered to the
Trustee (with a copy to the applicable Master Servicer) on or before the Closing
Date.

            Notwithstanding the foregoing, in the event that Seller cannot
deliver any UCC Financing Statement assignment with the filing or recording
information of the related UCC Financing Statement with respect to any Mortgage
Loan, solely because such UCC Financing Statement has not been returned by the
public filing or recording office where such UCC Financing Statement has been
delivered for filing or recording, Seller shall so notify the Trustee and shall
not be in breach of its obligations with respect to such delivery, provided that
Seller promptly forwards such UCC Financing Statement to the Trustee (with a
copy to the applicable Master Servicer) upon its return, together with the
related original UCC Financing Statement assignment in a form appropriate for
filing or recording.

            Notwithstanding the foregoing, Seller may, at its sole cost and
expense, but is not obligated to, engage a third-party contractor to prepare or
complete in proper form for filing or recording any and all assignments of
Mortgage, assignments of Assignments of Leases and assignments of UCC Financing
Statements to the Trustee to be delivered pursuant to clauses (c), (e), (k), and
(n) above (collectively, the "Assignments"), to submit those Assignments for
filing and recording, as the case may be, in the applicable public filing and
recording offices and to deliver those Assignments to the Trustee (with a copy
to the applicable Master Servicer) or its designee as those Assignments (or
certified copies thereof) are received from the applicable filing and recording
offices with evidence of such filing or recording indicated thereon. However, in
the event Seller engages a third-party contractor as contemplated in the
immediately preceding sentence, the rights, duties and obligations of Seller
pursuant to this Agreement remain binding on Seller; and, if Seller does not
engage a third party as contemplated by the immediately preceding sentence, then
Seller will still be liable for recording and filing fees and expenses of the
Assignments as and to the extent contemplated by Section 13 hereof.

            Within ten (10) Business Days after the Closing Date, Seller shall
deliver the Servicer Files with respect to each of the Mortgage Loans to the
applicable Master Servicer (or, if applicable, to a Sub-Servicer (with a copy to
the applicable Master Servicer) at the direction of the applicable Master
Servicer), under the Pooling and Servicing Agreement on behalf of the Trustee in
trust for the benefit of the Certificateholders. Each such Servicer File shall
contain all documents and records in Seller's possession relating to such
applicable Mortgage Loans (including reserve and escrow agreements, cash
management agreements, lockbox agreements, rent rolls, leases, environmental and
engineering reports, third-party underwriting reports, appraisals, surveys,
legal opinions, estoppels, financial statements, operating statements and any
other information provided by the respective Borrower from time to time, but
excluding any draft documents, attorney/client communications, which are
privileged or constitute legal or other due diligence analyses, and documents
prepared by Seller or any of its Affiliates solely for internal communication,
credit underwriting or due diligence analyses (other than the underwriting
information contained in the related underwriting memorandum or asset summary
report prepared by the Seller in connection with the preparation of Exhibit A-1
to the Prospectus Supplement)) that are not required to be a part of a Mortgage
File in accordance with the definition thereof, together with copies of all
instruments and documents which are required to be a part of the related
Mortgage File in accordance with the definition thereof.

            In addition, with respect to each Mortgage Loan as to which any
Additional Collateral is in the form of a letter of credit as of the Closing
Date, the Seller (within 30 days after the Closing Date) shall cause to be
prepared, executed and delivered to the issuer of each such letter of credit
such notices, assignments and acknowledgements as are required under such letter
of credit to assign, without recourse, to, and vest in, the Trustee (in care of
the applicable Master Servicer) (whether by actual assignment or by amendment of
the letter of credit) the Seller's rights as the beneficiary thereof and drawing
party thereunder. The designated beneficiary under each letter of credit
referred to in the preceding sentence shall be the Trustee (in care of the
applicable Master Servicer).

            For purposes of this Section 3, and notwithstanding any contrary
provision hereof or of the definition of "Mortgage File," if there exists with
respect to any group of Crossed Mortgage Loans only one original or certified
copy of any document or instrument described in the definition of "Mortgage
File" which pertains to all of the Crossed Mortgage Loans in such group of
Crossed Mortgage Loans, the inclusion of the original or certified copy of such
document or instrument in the Mortgage File for any of such Crossed Mortgage
Loans and the inclusion of a copy of such original or certified copy in each of
the Mortgage Files for the other Crossed Mortgage Loans in such group of Crossed
Mortgage Loans, shall be deemed the inclusion of such original or certified
copy, as the case may be, in the Mortgage File for each such Crossed Mortgage
Loan.

            Seller shall, promptly after the Closing Date, but in all events
within three (3) Business Days after the Closing Date, cause all funds on
deposit in escrow accounts maintained with respect to the Mortgage Loans in the
name of Seller or any other name, to be transferred to or at the direction of
the applicable Master Servicer (or, if applicable, to a Sub-Servicer at the
direction of the applicable Master Servicer) for deposit into Servicing
Accounts.

            The Trustee, as assignee or transferee of Depositor, shall be
entitled to all scheduled principal payments due after the Cut-off Date, all
other payments of principal due and collected after the Cut-off Date, and all
payments of interest on the Mortgage Loans, minus that portion of any such
payment which is allocable to the period on or prior to the Cut-off Date. All
scheduled payments of principal due on or before the Cut-off Date and collected
after the Cut-off Date, together with the accompanying interest payments, shall
belong to Seller.

            Upon the sale of the Mortgage Loans from Seller to Depositor
pursuant hereto, the ownership of each Note, the related Mortgage and the
contents of the related Mortgage File shall be vested in Depositor and the
ownership of all records and documents with respect to the related Mortgage Loan
prepared by or which come into the possession of Seller as seller of the
Mortgage Loans hereunder, exclusive in each case of records and documents that
are not required to be delivered hereunder by Seller, shall immediately vest in
Depositor. All Monthly Payments, Principal Prepayments and other amounts
received by Seller and not otherwise belonging to Seller pursuant to this
Agreement shall be sent by Seller within three (3) Business Days after Seller's
receipt thereof to the applicable Master Servicer via wire transfer for deposit
by the applicable Master Servicer into the Collection Account.

            On the Closing Date, pursuant to generally accepted accounting
principles ("GAAP"), Seller shall report its transfer of the Mortgage Loans to
Depositor, as provided herein, as a sale of the Mortgage Loans to Depositor in
exchange for the consideration specified in Section 2 hereof. Seller shall at
all times following the Closing Date cause its applicable financial and
accounting records, and its financial statements and any relevant consolidated
financial statements of any direct or indirect parent, to clearly reflect such
transfer as a sale (as opposed to a secured loan), so long as such treatment is
consistent with GAAP as then in effect, and such records and financial
statements shall reflect that such Mortgage Loans are no longer available to
satisfy claims of Seller's creditors.

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

            Section 4. Depositor's Conditions to Closing. The obligations of
Depositor to purchase the Mortgage Loans and pay the Mortgage Loan Purchase
Price at the Closing Date under the terms of this Agreement are subject to the
satisfaction of each of the following conditions at or before the Closing:

            (a) Each of the obligations of Seller required to be performed by it
on or prior to the Closing Date pursuant to the terms of this Agreement shall
have been duly performed and complied with in all material respects; all of the
representations and warranties of Seller under this Agreement (subject to the
exceptions set forth in the Exception Report) shall be true and correct in all
material respects as of the Closing Date; no event shall have occurred with
respect to Seller or any of the Mortgage Loans and related Mortgage Files which,
with notice or the passage of time, would constitute a material default under
this Agreement; and Depositor shall have received certificates to the foregoing
effect signed by authorized officers of Seller.

            (b) Depositor, or if directed by Depositor, the Trustee or
Depositor's attorneys or other designee, shall have received in escrow, all of
the following closing documents, in such forms as are agreed upon and reasonably
acceptable to Depositor and Seller, duly executed by all signatories other than
Depositor, as required pursuant to the respective terms thereof:

            (i) the Mortgage Files, subject to the provisos of Section 1 of this
      Agreement, which shall have been delivered to and held by the Trustee or
      its designee on behalf of Seller;

            (ii) the Mortgage Loan Schedule;

            (iii) the certificate of Seller confirming its representations and
      warranties set forth in Section 6(a) (subject to the exceptions set forth
      in the Exception Report) as of the Closing Date;

            (iv) an opinion or opinions of Seller's counsel, dated the Closing
      Date, covering various corporate matters and such other matters as shall
      be reasonably required by Depositor;

            (v) such other certificates of Seller's officers or others and such
      other documents to evidence fulfillment of the conditions set forth in
      this Agreement as Depositor or its counsel may reasonably request; and

            (vi) all other information, documents, certificates, or letters with
      respect to the Mortgage Loans or Seller and its Affiliates as are
      reasonably requested by Depositor in order for Depositor to perform any of
      it obligations or satisfy any of the conditions on its part to be
      performed or satisfied pursuant to any sale of Mortgage Loans by Depositor
      as contemplated herein.

            (c) Seller shall have performed or complied with all other terms and
conditions of this Agreement which it is required to perform or comply with at
or before the Closing and shall have the ability to perform or comply with all
duties, obligations, provisions and terms which it is required to perform or
comply with after the Closing.

            (d) Seller shall have delivered to the Trustee, on or before the
Closing Date, five limited powers of attorney in favor of the Trustee and
Special Servicer empowering the Trustee and, in the event of the failure or
incapacity of the Trustee, the Special Servicer, to record, at the expense of
Seller, any Mortgage Loan Documents required to be recorded and any intervening
assignments with evidence of recording thereon that are required to be included
in the Mortgage Files. Seller shall reasonably cooperate with the Trustee or the
applicable Special Servicer after the Closing Date and shall deliver to the
Trustee or the applicable Special Servicer, as applicable, the powers of
attorney described in the prior sentence in form and substance reasonably
acceptable to the requesting party.

            (e) The Seller shall have paid or caused to be paid upfront all the
annual fees of each Rating Agency allocable to the Mortgage Loans.

            Section 5. Seller's Conditions to Closing. The obligations of Seller
under this Agreement shall be subject to the satisfaction, on the Closing Date,
of the following conditions:

            (a) Each of the obligations of Depositor required to be performed by
it on or prior to the Closing Date pursuant to the terms of this Agreement shall
have been duly performed and complied with in all material respects; and all of
the representations and warranties of Depositor under this Agreement shall be
true and correct in all material respects as of the Closing Date; and no event
shall have occurred with respect to Depositor which, with notice or the passage
of time, would constitute a material default under this Agreement, and Seller
shall have received certificates to that effect signed by authorized officers of
Depositor.

            (b) Seller shall have received all of the following closing
documents, in such forms as are agreed upon and reasonably acceptable to Seller
and Depositor, duly executed by all signatories other than Seller, as required
pursuant to the respective terms thereof:

            (i) an officer's certificate of Depositor, dated as of the Closing
      Date, with the resolutions of Depositor authorizing the transactions set
      forth therein, together with copies of the charter, by-laws and
      certificate of good standing dated as of a recent date of Depositor; and

            (ii) such other certificates of its officers or others, such
      opinions of Depositor's counsel and such other documents required to
      evidence fulfillment of the conditions set forth in this Agreement as
      Seller or its counsel may reasonably request.

            (c) Depositor shall have performed or complied with all other terms
and conditions of this Agreement which it is required to perform or comply with
at or before the Closing and shall have the ability to perform or comply with
all duties, obligations, provisions and terms which it is required to perform or
comply with after Closing.

            Section 6. Representations and Warranties of Seller.

            (a) Seller represents and warrants to Depositor as of the date
hereof, as follows:

            (i) Seller is duly organized and is validly existing as a
      corporation in good standing under the laws of the State of Delaware.
      Seller has conducted and is conducting its business so as to comply in all
      material respects with all applicable statutes and regulations of
      regulatory bodies or agencies having jurisdiction over it, except where
      the failure so to comply would not have a materially adverse effect on the
      performance by Seller of this Agreement, and there is no charge, action,
      suit or proceeding before or by any court, regulatory authority or
      governmental agency or body pending or, to the knowledge of Seller,
      threatened, which is reasonably likely to materially and adversely affect
      the performance by Seller of this Agreement or the consummation of
      transactions contemplated by this Agreement.

            (ii) Seller has the full power, authority and legal right to hold,
      transfer and convey the Mortgage Loans owned by it and to execute and
      deliver this Agreement (and all agreements and documents executed and
      delivered by Seller in connection herewith) and to perform all
      transactions of Seller contemplated by this Agreement (and all agreements
      and documents executed and delivered by Seller in connection herewith).
      Seller has duly authorized the execution, delivery and performance of this
      Agreement (and all agreements and documents executed and delivered by
      Seller in connection herewith), and has duly executed and delivered this
      Agreement (and all agreements and documents executed and delivered by
      Seller in connection herewith). This Agreement (and each agreement and
      document executed and delivered by Seller in connection herewith),
      assuming due authorization, execution and delivery thereof by each other
      party thereto, constitutes the legal, valid and binding obligation of
      Seller enforceable in accordance with its terms, except as such
      enforcement may be limited by bankruptcy, fraudulent transfer, insolvency,
      reorganization, receivership, moratorium or other laws relating to or
      affecting the rights of creditors generally, by general principles of
      equity (regardless of whether such enforcement is considered in a
      proceeding in equity or at law) and by considerations of public policy.

            (iii) Neither the execution, delivery and performance of this
      Agreement, nor the fulfillment of or compliance with the terms and
      conditions of this Agreement by Seller, will (A) conflict with or result
      in a breach of any of the terms, conditions or provisions of Seller's
      articles or certificate of incorporation and bylaws or similar type
      organizational documents, as applicable; (B) conflict with, result in a
      breach of, or constitute a default or result in an acceleration under, any
      agreement or instrument to which Seller is now a party or by which it (or
      any of its properties) is bound if compliance therewith is necessary (1)
      to ensure the enforceability of this Agreement or (2) for Seller to
      perform its duties and obligations under this Agreement (or any agreement
      or document executed and delivered by Seller in connection herewith); (C)
      conflict with or result in a breach of any legal restriction if compliance
      therewith is necessary (1) to ensure the enforceability of this Agreement
      or (2) for Seller to perform its duties and obligations under this
      Agreement (or any agreement or document executed and delivered by Seller
      in connection herewith); (D) result in the violation of any law, rule,
      regulation, order, judgment or decree to which Seller or its property is
      subject if compliance therewith is necessary (1) to ensure the
      enforceability of this Agreement or (2) for Seller to perform its duties
      and obligations under this Agreement (or any agreement or document
      executed and delivered by Seller in connection herewith); or (E) result in
      the creation or imposition of any lien, charge or encumbrance that would
      have a material adverse effect upon Seller's ability to perform its duties
      and obligations under this Agreement (or any agreement or document
      executed and delivered by Seller in connection herewith), or materially
      impair the ability of Depositor to realize on the Mortgage Loans owned by
      Seller.

            (iv) Seller is solvent and the sale of the Mortgage Loans (1) will
      not cause Seller to become insolvent and (2) is not intended by Seller to
      hinder, delay or defraud any of its present or future creditors. After
      giving effect to its transfer of the Mortgage Loans, as provided herein,
      the value of Seller's assets, either taken at their present fair saleable
      value or at fair valuation, will exceed the amount of Seller's debts and
      obligations, including contingent and unliquidated debts and obligations
      of Seller, and Seller will not be left with unreasonably small assets or
      capital with which to engage in and conduct its business. Seller does not
      intend to, and does not believe that it will, incur debts or obligations
      beyond its ability to pay such debts and obligations as they mature. No
      proceedings looking toward liquidation, dissolution or bankruptcy of
      Seller are pending or contemplated.

            (v) No consent, approval, authorization or order of, or registration
      or filing with, or notice to, any court or governmental agency or body
      having jurisdiction or regulatory authority over Seller is required for
      (A) Seller's execution, delivery and performance of this Agreement (or any
      agreement or document executed and delivered by Seller in connection
      herewith), (B) Seller's transfer and assignment of the Mortgage Loans, or
      (C) the consummation by Seller of the transactions contemplated by this
      Agreement (or any agreement or document executed and delivered by Seller
      in connection herewith) or, to the extent so required, such consent,
      approval, authorization, order, registration, filing or notice has been
      obtained, made or given (as applicable), except for the filing or
      recording of assignments and other Mortgage Loan Documents contemplated by
      the terms of this Agreement and except that Seller may not be duly
      qualified to transact business as a foreign corporation or licensed in one
      or more states if such qualification or licensing is not necessary to
      ensure the enforceability of this Agreement (or any agreement or document
      executed and delivered by Seller in connection herewith).

            (vi) In connection with its sale of the Mortgage Loans, Seller is
      receiving new value. The consideration received by Seller upon the sale of
      the Mortgage Loans owned by it constitutes at least fair consideration and
      reasonably equivalent value for the Mortgage Loans.

            (vii) Seller does not believe, nor does it have any reason or cause
      to believe, that it cannot perform each and every covenant of Seller
      contained in this Agreement (or any agreement or document executed and
      delivered by Seller in connection herewith).

            (viii) There are no actions, suits or proceedings pending or, to
      Seller's knowledge, threatened in writing against Seller which are
      reasonably likely to draw into question the validity of this Agreement (or
      any agreement or document executed and delivered by Seller in connection
      herewith) or which, either in any one instance or in the aggregate, are
      reasonably likely to materially impair the ability of Seller to perform
      its duties and obligations under this Agreement (or any agreement or
      document executed and delivered by Seller in connection herewith).

            (ix) Seller's performance of its duties and obligations under this
      Agreement (and each agreement or document executed and delivered by Seller
      in connection herewith) is in the ordinary course of business of Seller
      and Seller's transfer, assignment and conveyance of the Mortgage Loans
      pursuant to this Agreement are not subject to the bulk transfer or similar
      statutory provisions in effect in any applicable jurisdiction. The
      Mortgage Loans do not constitute all or substantially all of Seller's
      assets.

            (x) Seller has not dealt with any Person that may be entitled, by
      reason of any act or omission of Seller, to any commission or compensation
      in connection with the sale of the Mortgage Loans to Depositor hereunder
      except for (A) the reimbursement of expenses as described herein or
      otherwise in connection with the transactions described in Section 2
      hereof and (B) the commissions or compensation owed to the Underwriters or
      the Initial Purchaser.

            (xi) Seller is not in default or breach of any agreement or
      instrument to which Seller is now a party or by which it (or any of its
      properties) is bound which breach or default would materially and
      adversely affect the ability of Seller to perform its obligations under
      this Agreement.

            (xii) The representations and warranties contained in Exhibit A
      hereto, subject to the exceptions to such representations and warranties
      set forth on Schedule V hereto, are true and correct in all material
      respects as of the date hereof with respect to the Mortgage Loans
      identified on Schedule II.

            (b) Seller hereby agrees that it shall be deemed to make, as of the
date of substitution, to and for the benefit of the Trustee as the holder of the
Mortgage Loan to be replaced, with respect to any replacement mortgage loan (a
"Replacement Mortgage Loan") that is substituted for a Mortgage Loan affected by
a Material Defect or a Material Breach, pursuant to Section 7 of this Agreement,
each of the representations and warranties set forth in Exhibit A hereto
(references therein to "Closing Date" being deemed to be references to the "date
of substitution" and references therein to "Cut-off Date" being deemed to be
references to the "most recent due date for the subject Replacement Mortgage
Loan on or before the date of substitution"). From and after the date of
substitution, each Replacement Mortgage Loan, if any, shall be deemed to
constitute a "Mortgage Loan" hereunder for all purposes.

            Section 7. Obligations of Seller. Each of the representations and
warranties contained in or required to be made by Seller pursuant to Section 6
of this Agreement shall survive the sale of the Mortgage Loans and shall
continue in full force and effect, notwithstanding any restrictive or qualified
endorsement on the Notes and notwithstanding subsequent termination of this
Agreement or the Pooling and Servicing Agreement. The representations and
warranties contained in or required to be made by Seller pursuant to Section 6
of this Agreement shall not be impaired by any review or examination of the
Mortgage Files or other documents evidencing or relating to the Mortgage Loans
or any failure on the part of Depositor to review or examine such documents and
shall inure to the benefit of the initial transferee of the Mortgage Loans from
Depositor including, without limitation, the Trustee for the benefit of the
Holders of the Certificates, notwithstanding (1) any restrictive or qualified
endorsement on any Note, assignment of Mortgage or reassignment of Assignment of
Leases or (2) any termination of this Agreement prior to the Closing, but shall
not inure to the benefit of any subsequent transferee thereafter.

            If Seller receives notice of a breach of any of the representations
or warranties made by Seller with respect to the Mortgage Loans, as of the date
hereof in Section 6(a)(xii) or as of the Closing Date pursuant to Section
4(b)(iii) (in either case, subject to the exceptions to such representations and
warranties set forth in the Exception Report) or with respect to any Replacement
Mortgage Loan, as of the date of substitution pursuant to Section 6(b) (in any
such case, a "Breach"), or receives notice that (a) any document required to be
included in the Mortgage File related to any Mortgage Loan is not in the
Trustee's (or its designee's) possession within the time period required herein
or (b) such document has not been properly executed or is otherwise defective on
its face (clause (a) and clause (b) each, a "Defect" (which term shall include
the "Defects" detailed in the immediately following paragraph) in the related
Mortgage File), and if such Breach or Defect, as the case may be, materially and
adversely affects or is deemed hereby to materially and adversely affect, the
value of the related Mortgage Loan or any successor REO Loan or the interests of
any class of Certificateholders (any Breach or Defect that materially and
adversely affects the value of the related Mortgage Loan or the interests of any
class of Certificateholders, a "Material Breach" or a "Material Defect",
respectively), then the Seller shall, upon written request of Depositor, the
Trustee, the applicable Master Servicer or the applicable Special Servicer, not
later than 90 days after the receipt by Seller of such written request (subject
to the second succeeding paragraph, the "Initial Resolution Period"): (i) cure
such Material Breach or Material Defect, as the case may be, in all material
respects; (ii) repurchase the affected Mortgage Loan at the applicable Purchase
Price (as defined in the Pooling and Servicing Agreement); or (iii) substitute,
in accordance with the Pooling and Servicing Agreement, one or more Qualified
Substitute Mortgage Loans (as defined in the Pooling and Servicing Agreement)
for such affected Mortgage Loan (provided that in no event shall any
substitution occur later than the second anniversary of the Closing Date) and
pay the applicable Master Servicer for deposit into the applicable Collection
Account any Substitution Shortfall Amount (as defined in the Pooling and
Servicing Agreement) in connection therewith; provided, however, that if (i)
such Material Breach or Material Defect is capable of being cured but not within
the Initial Resolution Period, (ii) such Material Breach or Material Defect does
not cause the related Mortgage Loan not to be a "qualified mortgage" (within the
meaning of Section 860G(a)(3) of the Code), (iii) Seller has commenced and is
diligently proceeding with the cure of such Material Breach or Material Defect
within the Initial Resolution Period and (iv) Seller has delivered to the Rating
Agencies, the applicable Master Servicer, the applicable Special Servicer and
the Trustee an Officer's Certificate that describes the reasons that the cure
was not effected within the Initial Resolution Period and the actions that it
proposes to take to effect the cure and that states that it anticipates the cure
will be effected within the additional 90-day period, then Seller shall have an
additional 90 days to cure such Material Defect or Material Breach. If any
Breach pertains to a representation or warranty that the related Mortgage Loan
Documents or any particular Mortgage Loan Document requires the related Borrower
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 Initial Resolution Period by reimbursing the Trust Fund (by wire transfer of
immediately available funds) the reasonable amount of any such costs and
expenses incurred by the applicable Master Servicer, the applicable Special
Servicer, the Trustee or the Trust Fund that are the basis of such Breach and
have not been reimbursed by the related Borrower; provided, however, that in the
event any such costs and expenses exceed $10,000, Seller shall have the option
to either repurchase the related Mortgage Loan at the applicable Purchase Price,
replace such Mortgage Loan and pay any applicable Substitution Shortfall Amount
or pay such costs and expenses. Except as provided in the proviso to the
immediately preceding sentence, Seller shall remit the amount of such costs and
expenses and upon its making such remittance, Seller shall be deemed to have
cured such Breach in all respects. Provided such payment is made, the second
preceding sentence describes the sole remedy available to the Certificateholders
and the Trustee on their behalf regarding any such Breach, and Seller shall not
be obligated to repurchase, substitute or otherwise cure such Breach under any
circumstances. With respect to any repurchase of a Mortgage Loan hereunder or
any substitution of one or more Qualified Substitute Mortgage Loans for a
Mortgage Loan hereunder, (A) no such substitution may be made in any calendar
month after the Determination Date for such month; (B) scheduled payments of
principal and interest due with respect to the Qualified Substitute Mortgage
Loan(s) after the month of substitution, and scheduled payments of principal and
interest due with respect to each Mortgage Loan being repurchased or replaced
after the related Cut-off Date and received by the applicable Master Servicer or
the applicable Special Servicer on behalf of the Trust on or prior to the
related date of repurchase or substitution, shall be part of the Trust Fund; and
(C) scheduled payments of principal and interest due with respect to each such
Qualified Substitute Mortgage Loan on or prior to the Due Date in the month of
substitution, and scheduled payments of principal and interest due with respect
to each Mortgage Loan being repurchased or replaced and received by the
applicable Master Servicer or the applicable Special Servicer on behalf of the
Trust after the related date of repurchase or substitution, shall not be part of
the Trust Fund, and Seller (or, if applicable, any person effecting the related
repurchase or substitution in the place of Seller) shall be entitled to receive
such payments promptly following receipt by the applicable Master Servicer or
the applicable Special Servicer, as applicable, under the Pooling and Servicing
Agreement.

            The absence of the following from the Mortgage File will cause a
document in the Mortgage File to be deemed to have a "Material Defect": (a) the
original signed Note, unless the Mortgage File contains a signed lost note
affidavit and indemnity; (b) the original signed Mortgage, unless there is
included in the Mortgage File a certified copy of the Mortgage as recorded or as
sent for recordation, together with a certificate stating that the original
signed Mortgage was sent for recordation, or a copy of the Mortgage and the
related recording information; (c) the item called for by clause (i) of the
definition of Mortgage File in Section 3; (d) any intervening assignments
required to create an effective assignment to the Trustee on behalf of the
Trust, unless there is included in the Mortgage File a certified copy of the
intervening assignment as recorded or as sent for recordation, together with a
certificate stating that the original intervening assignment was sent for
recordation, or a copy of the intervening assignment and the related recording
information; or (e) any required original letter of credit (unless such original
has been delivered to the applicable Master Servicer and copy thereof is part of
the Mortgage File), provided that such Defect may be cured by any substitute
letter of credit or cash reserve on behalf of the related Borrower; or (f) the
original or a copy of any required ground lease. Notwithstanding anything herein
to the contrary, the failure to include a document checklist in a Mortgage File
shall in no event constitute a Material Defect.

            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)
shall be deemed a "Material Defect" or "Material Breach," as applicable, and the
Initial Resolution Period for the affected Mortgage Loan shall be 90 days
following the earlier of Seller's receipt of notice pursuant to this Section 7
or its discovery of such Defect or Breach (which period shall not be subject to
extension).

            If Seller does not, as required by this Section 7, correct or cure a
Material Breach or a Material Defect in all material respects within the
applicable Initial Resolution Period (as extended pursuant to this Section 7),
or if such Material Breach or Material Defect is not capable of being so
corrected or cured within such period, then Seller shall repurchase or
substitute for the affected Mortgage Loan as provided in this Section 7. If (i)
any Mortgage Loan is required to be repurchased or substituted for as provided
above, (ii) such Mortgage Loan is a Crossed Mortgage Loan that is a part of a
Mortgage Group (as defined below) and (iii) the applicable Breach or Defect does
not constitute a Breach or Defect, as the case may be, as to any other Crossed
Mortgage Loan in such Mortgage Group (without regard to this paragraph), then
the applicable Breach or Defect, as the case may be, will be deemed to
constitute a Breach or Defect, as the case may be, as to any other Crossed
Mortgage Loan in the Mortgage Group for purposes of the above provisions, and
Seller will be required to repurchase or substitute for such other Crossed
Mortgage Loan(s) in the related Mortgage Group in accordance with the provisions
of this Section 7 unless the Crossed Mortgage Loan Repurchase Criteria would be
satisfied if Seller were to repurchase or substitute for only the affected
Crossed Mortgage Loans as to which a Material Breach or Material Defect had
occurred without regard to this paragraph, and in the case of either such
repurchase or substitution, all of the other requirements set forth in the
Pooling and Servicing Agreement applicable to a repurchase or substitution, as
the case may be, would be so satisfied. In the event that one or more of such
other Crossed Mortgage Loans satisfy the Crossed Mortgage Loan Repurchase
Criteria, Seller may elect either to repurchase or substitute for only the
affected Crossed Mortgage Loan as to which the related Breach or Defect exists
or to repurchase or substitute for all of the Crossed Mortgage Loans in the
related Mortgage Group. Seller shall be responsible for the cost of any
Appraisal required to be obtained by the applicable Master Servicer to determine
if the Crossed Mortgage Loan Repurchase Criteria have been satisfied, so long as
the scope and cost of such Appraisal has been approved by Seller (such approval
not to be unreasonably withheld). For purposes of this paragraph, a "Mortgage
Group" is any group of Mortgage Loans identified as a Mortgage Group on Schedule
III to this Agreement.

            Notwithstanding the foregoing, if there is a Material Breach or
Material Defect with respect to one or more Mortgaged Properties (but not all of
the Mortgaged Properties) with respect to a Mortgage Loan, Seller will not be
obligated to repurchase or substitute for the entire Mortgage Loan if the
affected Mortgaged Property may, pursuant to the partial release provisions in
the related Mortgage Loan Documents, be released and the Mortgaged Property
remaining after such release satisfies the requirements, if any, set forth in
the Mortgage Loan Documents and (i) Seller provides an opinion of counsel to the
effect that such partial release would not cause an Adverse REMIC Event (as
defined in the Pooling and Servicing Agreement) to occur, (ii) Seller pays (or
causes to be paid) the applicable release price required under the Mortgage Loan
Documents and, to the extent not reimbursable out of the release price pursuant
to the related Mortgage Loan Documents, any additional amounts necessary to
cover all reasonable out-of-pocket expenses reasonably incurred by the
applicable Master Servicer, the applicable Special Servicer, the Trustee or the
Trust Fund in connection therewith, including any unreimbursed advances and
interest thereon made with respect to the Mortgaged Property that is being
released and (iii) such cure by release of such Mortgaged Property is effected
within the time periods specified for cure of a Material Breach or Material
Defect in this Section 7.

            The Purchase Price or Substitution Shortfall Amount for any
repurchased or substituted Mortgage Loan shall be payable to Depositor or,
subsequent to the assignment of the Mortgage Loans to the Trustee, the Trustee
as its assignee, by wire transfer of immediately available funds to the account
designated by Depositor or the Trustee, as the case may be, and Depositor or the
Trustee, as the case may be, upon receipt of such funds (and, in the case of a
substitution, the Mortgage File(s) for the related Qualified Substitute Mortgage
Loans(s)), shall promptly release the related Mortgage File and Servicer File
(and all other documents pertaining to such Mortgage Loan possessed by the
Depositor or the Trustee, as applicable, or on its behalf, but excluding any
draft documents, attorney/client privileged communications and documents
prepared by the Depositor or the Trustee (or by the Master Servicer or the
Special Servicer on behalf of the Trust), as applicable, or any of its
Affiliates solely for internal communication) or cause them to be released, to
Seller and shall execute and deliver such instruments of transfer, endorsement
or assignment as shall be necessary to vest in Seller the legal and beneficial
ownership of such Mortgage Loan (including any property acquired in respect
thereof or proceeds of any insurance policy with respect thereto) and the
related Mortgage Loan Documents and shall deliver to Seller any escrow payments
and reserve funds held by it, or on its behalf, with respect to such repurchased
or replaced Mortgage Loan.

            It is understood and agreed that the obligations of Seller set forth
in this Section 7 constitute the sole remedies available to Depositor and its
successors and assigns against Seller respecting any Breach or Defect affecting
a Mortgage Loan.

            Section 8. Crossed Mortgage Loans. With respect to any Crossed
Mortgage Loan conveyed hereunder, to the extent that Seller repurchases or
substitutes for an affected Crossed Mortgage Loan in the manner prescribed above
while the Trustee continues to hold any related Crossed Mortgage Loans, Seller
and Depositor (on behalf of its successors and assigns) agree to modify upon
such repurchase or substitution, the related Mortgage Loan Documents in a manner
such that such affected Crossed Mortgage Loan repurchased or substituted by
Seller, on the one hand, and any related Crossed Mortgage Loans still held by
the Trustee, on the other, would no longer be cross-defaulted or
cross-collateralized with one another; provided that Seller shall have furnished
the Trustee, at Seller's expense, with an Opinion of Counsel that such
modification shall not cause an Adverse REMIC Event; and provided, further, that
if such Opinion of Counsel cannot be furnished, Seller and Depositor hereby
agree that such repurchase or substitution of only the affected Crossed Mortgage
Loans, notwithstanding anything to the contrary herein, shall not be permitted.
Any reserve or other cash collateral or letters of credit securing the subject
Crossed Mortgage Loans shall be allocated between such Mortgage Loans in
accordance with the Mortgage Loan Documents. All other terms of the Mortgage
Loans shall remain in full force and effect, without any modification thereof.

            Section 9. Rating Agency Fees; Costs and Expenses Associated with a
Defeasance. The Seller shall pay all Rating Agency fees associated with an
assumption of a Mortgage Loan to the extent such fees have not been paid by the
related Borrower and such Borrower is not required to pay them under the terms
of the related Mortgage Loan Documents in effect on or before the Closing Date,
the payment of which fees shall constitute the sole remedy of any breach by a
Seller of representation (xxviii)(1) set forth on Exhibit A hereto unless the
Seller elects to repurchase or substitute for such Mortgage Loan in accordance
with the second paragraph of Section 7. The Seller shall pay all reasonable
costs and expenses associated with a defeasance of a Mortgage Loan to the extent
such costs and expenses have not been paid by the related Borrower and such
Borrower is not required to pay them under the terms of the related Mortgage
Loan Documents in effect on or before the Closing Date, the payment of which
fees shall constitute the sole remedy of any breach by a Seller of
representation (liv)(F) set forth on Exhibit A hereto unless the Seller elects
to repurchase or substitute for such Mortgage Loan in accordance with the second
paragraph of Section 7.

            Section 10. Representations and Warranties of Depositor. Depositor
hereby represents and warrants to Seller as of the date hereof, as follows:

            (a) Depositor is duly organized and is validly existing as a
corporation in good standing under the laws of the State of Delaware, with full
corporate power and authority to own its assets and conduct its business as it
is conducted, and is duly qualified as a foreign corporation in good standing in
all jurisdictions in which the ownership or lease of its property or the conduct
of its business requires such qualification (except where the failure to qualify
would not have a materially adverse effect on the consummation of any
transactions contemplated by this Agreement).

            (b) The execution and delivery by Depositor of this Agreement and
the performance of Depositor's obligations hereunder are within the corporate
power of Depositor and have been duly authorized by Depositor and neither the
execution and delivery by Depositor of this Agreement nor the compliance by
Depositor with the provisions hereof, nor the consummation by Depositor of the
transactions contemplated by this Agreement, will (i) conflict with or result in
a breach of, or constitute a default under, the certificate of incorporation or
by-laws of Depositor or, after giving effect to the consents or taking of the
actions contemplated by clause (ii) of this paragraph (b), any of the provisions
of any law, governmental rule, regulation, judgment, decree or order binding on
Depositor or its properties, or any of the provisions of any material indenture
or mortgage or any other material contract or other instrument to which
Depositor is a party or by which it is bound or result in the creation or
imposition of any lien, charge or encumbrance upon any of its properties
pursuant to the terms of any such indenture, mortgage, contract or other
instrument or (ii) require any consent of, notice to, or filing with any person,
entity or governmental body, which has not been obtained or made by Depositor,
except where, in any of the instances contemplated by clause (i) above or this
clause (ii), the failure to do so will not have a material and adverse effect on
the consummation of any transactions contemplated by this Agreement.

            (c) This Agreement has been duly executed and delivered by Depositor
and this Agreement constitutes a legal, valid and binding instrument,
enforceable against Depositor in accordance with its terms, subject, as to the
enforcement of remedies, to applicable bankruptcy, reorganization, insolvency,
moratorium and other laws affecting the rights of creditors generally and to
general principles of equity and the discretion of the court (regardless of
whether enforcement of such remedies is considered in a proceeding in equity or
at law) and, as to rights of indemnification hereunder, subject to limitations
of public policy under applicable securities laws.

            (d) There is no litigation, charge, investigation, action, suit or
proceeding by or before any court, regulatory authority or governmental agency
or body pending or, to the knowledge of Depositor, threatened against Depositor
the outcome of which could be reasonably expected to materially and adversely
affect the consummation of any transactions contemplated by this Agreement.

            Section 11. Survival of Certain Representations, Warranties and
Covenants. The respective representations and warranties set forth in or made
pursuant to this Agreement, and the respective obligations of the parties hereto
under Sections 7 and 13 of this Agreement, will remain in full force and effect,
regardless of any investigation or statement as to the result thereof made by or
on behalf of any party and will survive payment for the various transfers
referred to herein and delivery of the Certificates or termination of this
Agreement.

            Section 12. Transaction Expenses. In connection with the Closing
(and unless otherwise expressly provided herein, including, without limitation,
in Section 13 of this Agreement), Seller shall be responsible for the fees and
expenses of its own counsel, and Depositor and Seller agree to pay the other
transaction expenses incurred in connection with the transactions herein
contemplated as set forth in the Closing Statement (or, if not covered thereby,
shall be paid by the party incurring the subject expense).

            Section 13. Recording Costs and Expenses. Seller agrees to reimburse
the Trustee or its designee all recording and filing fees and expenses incurred
by the Trustee or its designee in connection with the recording or filing of the
Mortgage Loan Documents listed in Section 3 of this Agreement, including
Assignments. In the event Seller elects to engage a third-party contractor to
prepare, complete, file and record Assignments with respect to Mortgage Loans as
provided in Section 3 of this Agreement, Seller shall contract directly with
such contractor and shall be responsible for such contractor's compensation and
reimbursement of recording and filing fees and other reimbursable expenses
pursuant to their agreement.

            Section 14. Notices. All demands, notices and communications
hereunder shall be in writing and effective only upon receipt, and, (a) if sent
to Depositor, will be mailed, delivered or telecopied and confirmed to it at
Credit Suisse First Boston Mortgage Securities Corp., 11 Madison Avenue, 5th
Floor, New York, New York 10010, Attention: Edmund Taylor, Telecopy No.: (212)
743-4756 (with a copy to Casey McCutcheon, Esq., Legal & Compliance Department,
Telecopy No.: (917) 326-8433), or such other address or telecopy number as may
be designated by Depositor to Seller in writing, or (b) if sent to Seller, will
be mailed, delivered or telecopied and confirmed to it at General Electric
Capital Corporation, 125 Park Avenue, 105h Floor, New York New York 10017,
Attention Capital Markets/Dan Vinson, Telecopy No.: (212) 716-8960, with a copy
to General Electric Capital Corporation, 292 Long Ridge Road, Stamford,
Connecticut 06927, Attention: Patricia Deluca, Esq., Telecopy No.: (203)
357-6768, or such other address or telecopy number as may be designated by
Seller to Depositor in writing.

            Section 15. Examination of Mortgage Files. Upon reasonable notice,
Seller, prior to the Closing Date, will make the Mortgage Files available to
Depositor or its agent for examination during normal business hours at Seller's
offices or such other location as shall otherwise be agreed upon by Depositor
and Seller. The fact that Depositor or its agent has conducted or has failed to
conduct any partial or complete examination of the Mortgage Files shall not
affect the rights of Depositor or the Trustee (for the benefit of the
Certificateholders) to demand cure, repurchase, or other relief as provided
herein.

            Section 16. Successors. This Agreement shall inure to the benefit of
and shall be binding upon Seller and Depositor and their respective successors
and, permitted assigns and nothing expressed in this Agreement is intended or
shall be construed to give any other Person any legal or equitable right, remedy
or claim under or in respect of this Agreement, or any provisions herein
contained, this Agreement and all conditions and provisions hereof being
intended to be and being for the sole and exclusive benefit of such designated
Persons and for the benefit of no other Person; it being understood that the
rights of Depositor pursuant to this Agreement, subject to all limitations
herein contained, including those set forth in Section 7 of this Agreement, may
be assigned to the Trustee, for benefit of the Certificateholders, as may be
required to effect the purposes of the Pooling and Servicing Agreement and, upon
such assignment, the Trustee shall succeed to such rights of Depositor
hereunder; provided that the Trustee shall have no right to further assign such
rights to any other Person. 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.

            Section 17. Governing Law. THIS AGREEMENT SHALL BE GOVERNED AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO
AGREEMENTS TO BE MADE AND PERFORMED ENTIRELY WITHIN SUCH STATE WITHOUT GIVING
EFFECT TO CHOICE OF LAW PRINCIPLES.

            Section 18. Severability. If any provision of this Agreement shall
be prohibited or invalid under applicable law, this Agreement shall be
ineffective only to such extent, without invalidating the remainder of this
Agreement.

            Section 19. Further Assurances. Depositor and Seller agree to
execute and deliver such instruments and take such actions as the other party
may, from time to time, reasonably request in order to effectuate the purpose
and to carry out the terms of this Agreement.

            Section 20. Counterparts. This Agreement may be executed in
counterparts (and by each of the parties hereto on different counterparts), each
of which when so executed and delivered will be an original, and all of which
together will be deemed to constitute but one and the same instrument.

            Section 21. Characterization of Sale(a) . It is the express intent
of the parties hereto that the conveyance of the Mortgage Loans by Seller to
Depositor as provided in this Agreement be, and be construed as, a sale of the
Mortgage Loans by Seller to Depositor and not as a pledge of the Mortgage Loans
by Seller to Depositor to secure a debt or other obligation of Seller.

            Section 22. Recordation of Agreement. To the extent permitted by
applicable law, this Agreement is subject to recordation following the Closing
Date in all appropriate public offices for real property records in all the
counties or other comparable jurisdictions in which any or all of the properties
subject to the Mortgages are situated, and in any other appropriate public
recording office or elsewhere, such recordation to be effected by Seller at
Seller's expense at the direction of Depositor accompanied by an Opinion of
Counsel to the effect that such recordation materially and beneficially affects
the interests of Depositor.

                                    * * *

<PAGE>

            IN WITNESS WHEREOF, the parties hereto have caused this Mortgage
Loan Purchase Agreement to be duly executed and delivered as the date first
above written.

                                       GENERAL ELECTRIC CAPITAL CORPORATION,
                                       as Seller

                                       By:
                                          ------------------------------------
                                          Name:
                                          Title:

                                       CREDIT SUISSE FIRST BOSTON MORTGAGE
                                       SECURITIES CORP.,
                                       as Depositor

                                       By:
                                          ------------------------------------
                                          Name:
                                          Title:

<PAGE>

                                                                      SCHEDULE I

                          SCHEDULE OF TRANSACTION TERMS

            This Schedule of Transaction Terms is appended to and incorporated
by reference in the Mortgage Loan Purchase Agreement (the "Agreement"), dated as
of November 1, 2005, between General Electric Capital Corporation (the "Seller")
and Credit Suisse First Boston Mortgage Securities Corp (the "Depositor").
Capitalized terms used herein without definition have the meanings given them in
or by reference in the Agreement or, if not defined in the Agreement, in the
Pooling and Servicing Agreement.

            "Affiliate" means with respect to any specified Person, any other
Person controlling or controlled by or under common control with such specified
Person.

            "Assignments" shall have the meaning given such term in Section 3 of
this Agreement.

            "Borrower" means the borrower under a Mortgage Loan.

            "Breach" shall have the meaning given such term in Section 7 of this
Agreement.

            "CBA Mortgage Loan" means any Mortgage Loan that constitutes a "CBA
A Loan" under the Pooling and Servicing Agreement.

            "Certificate Purchase Agreement" means the Certificate Purchase
Agreement, dated October 26, 2005, between Depositor and the Initial Purchaser.

            "Certificates" means the Credit Suisse First Boston Mortgage
Securities Corp., Commercial Mortgage Pass-Through Certificates, Series 2005-C5,
issued in multiple classes.

            "Closing" shall have the meaning given that term in Section 2 of
this Agreement.

            "Closing Date" means November 9, 2005, except as otherwise provided
in Section 6(b) with respect to a Replacement Mortgage Loan, if any.

            "Closing Statement" means the closing statement dated as of the
Closing Date and signed by, among others, the parties to this Agreement.

            "Code" means the Internal Revenue Code of 1986, as amended.

            "Crossed Mortgage Loan" means any Mortgage Loan which is
cross-defaulted and cross-collateralized with any other Mortgage Loan.

            "Cut-off Date" means, individually and collectively, the applicable
Due Dates for the respective Mortgage Loans occurring in November 2005 (or with
respect to Mortgage Loans which had closing/funding dates in November 2005, the
respective closing/funding dates of such Mortgage Loans), except as otherwise
provided in Section 6(b) with respect to a Replacement Mortgage Loan, if any.

            "Defect" shall have the meaning given such term in Section 7 of this
Agreement.

            "Environmental Report" means the environmental audit report with
respect to each Mortgaged Property delivered to Seller in connection with the
related Mortgage, if any.

            "Exception Report" means the exceptions with respect to the
representations and warranties made by Seller as to the Mortgage Loans in
Section 6(a)(xii) and under the written certificate described in Section
4(b)(iii) of this Agreement, which exceptions are set forth in Schedule V
attached hereto and made a part hereof.

            "Initial Purchaser" means Credit Suisse First Boston LLC.

            "Initial Resolution Period" shall have the meaning given such term
in Section 7 of this Agreement.

            "Loan Agreement" means, with respect to any Mortgage Loan, the loan
agreement, if any, between the related Mortgage Loan Originator and the related
Borrower, pursuant to which such Mortgage Loan was made.

            "Material Breach" shall have the meaning given such term in Section
7 of this Agreement.

            "Material Defect" shall have the meaning given such term in Section
7 of this Agreement.

            "Mortgage File" means, collectively, the documents and instruments
pertaining to a Mortgage Loan required to be included in the related Mortgage
File pursuant to Section 3 of this Agreement (subject to the first proviso in
Section 1 of this Agreement).

            "Mortgage Group" shall have the meaning given such term in Section 7
of this Agreement.

            "Mortgage Loan" and "Mortgage Loans" shall have the respective
meanings given such terms in Recital II of this Agreement.

            "Mortgage Loan Documents" means, collectively, the documents and
instruments pertaining to a Mortgage Loan to be included in either the related
Mortgage File or the related Servicer File.

            "Mortgage Loan Originator" means any institution which originated a
Mortgage Loan for a related Borrower.

            "Mortgage Loan Purchase Price" means the amount described in Section
2 of this Agreement.

            "Mortgage Loan Schedule" shall have the meaning given such term in
Recital II of this Agreement.

            "Offering Circular" means the confidential offering circular dated
October 26, 2005, describing certain classes of the Private Certificates.

            "Pooling and Servicing Agreement" means the Pooling and Servicing
Agreement creating the Trust Fund and the interests therein, dated as of
November 1, 2005, among Depositor, the Master Servicers, the Special Servicers
and the Trustee, including, without limitation, the exhibits and schedules
annexed thereto.

            "Primary Collateral" means with respect to any Crossed Mortgage
Loan, that portion of the Mortgaged Property designated as directly securing
such Crossed Mortgage Loan and excluding any Mortgaged Property as to which the
related lien may only be foreclosed upon by exercise of the
cross-collateralization provisions of such Crossed Mortgage Loan.

            "Private Certificates" means the Certificates that are not Publicly
Offered Certificates.

            "Prospectus" means the Prospectus dated October 14, 2005, that is a
part of Depositor's registration statement on Form S-3 (File No. 333-121904).

            "Prospectus Supplement" means the Prospectus Supplement, dated
October 26, 2005, relating to the Publicly Offered Certificates.

            "Publicly Offered Certificates" means the Class A-1, Class A-2,
Class A-3, Class A-AB, Class A-3, Class A-4, Class A-1-A, Class A-M, Class A-J,
Class B, Class C, Class D, Class E and Class F Certificates.

            "Servicer File" means, collectively, all documents, records and
copies pertaining to a Mortgage Loan which are required to be included in the
related Servicer File pursuant to Section 3.

            "Trust Fund" shall have the meaning given such term in Recital II of
this Agreement.

            "Trustee" shall have the meaning given such term in Section 1 of
this Agreement.

            "Underwriters" means Credit Suisse First Boston LLC, GMAC Commercial
Holding Capital Markets Corp., Bank of America Securities LLC, Deutsche Bank
Securities Inc. and Wachovia Capital Markets, LLC.

            "Underwriting Agreement" means the Underwriting Agreement, dated
October 26, 2005, between Depositor and the Underwriters.

<PAGE>

                                                                     SCHEDULE II

                             MORTGAGE LOAN SCHEDULE

Credit Suisse First Boston Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates Series 2005-C5

<TABLE>
<CAPTION>

  #    Crossed    Property Name                                                         Address                            City
------------------------------------------------------------------------------------------------------------------------------------
<S>     <C>       <C>                                           <C>                                                 <C>
 12               Southwest Commons                             8501-8601 West Cross Drive                          Littleton
 18               Broadway Office Portfolio                     Various                                             Various
 30               York Creek Apartments                         650 York Creek Drive                                Comstock Park
 31               MK Plaza                                      720 Park Boulevard                                  Boise
 32               Hotel Valencia Riverwalk                      150 East Houston Street                             San Antonio
 43               Timber Oaks Apartments                        200, 250, 300 South Route 59 and 145,
                                                                  175, 215, 305 Devlin Road                         Ingleside
 50               All Aboard - Menlo Park & Wilmington          Various                                             Various
 51               Welsh Industrial Portfolio                    3000 Justin Drive, 10052 Justin Drive,
                                                                  2721 99th Street, 2851 99th Street
                                                                  and 2851 104th Street                             Urbandale
 52               Albemarle Pointe Center                       176 Croghan Spur Road & 238 Albemarle Road          Charleston
 73               Yorba Linda Self Storage                      17071 Imperial Highway                              Yorba Linda
 80               Riverside Plaza                               6241-6361 Riverside Plaza Lane Northwest            Albuquerque
 85               901 North Pitt                                901 N. Pitt Street                                  Alexandria
 91               Las Cruces - NM                               2200 East Lohman Avenue                             Las Cruces
 101              Villa Del Sol MHC                             6515 15th Street East                               Sarasota
 109              All Aboard - Sunnyvale                        106 Lawrence Station Road                           Sunnyvale
 110              White Oak Professional Center                 1575 - 1635 Highway 34 West                         Newnan
 115              All Aboard - San Ramon                        9180 Alcosta Boulevard                              San Ramon
 118              Bayshore Village MHC                          15711 Shoreline Boulevard                           North Fort Myers
 124              All Aboard - Oakland                          1090 29th Avenue                                    Oakland
 134              All Aboard - San Francisco                    1700 Egbert Avenue                                  San Francisco
 140              Parkway Tower Office                          8445 Freeport Parkway                               Irving
 162              Oakview Apartments                            1457 Burke Street Northeast                         Grand Rapids
 176              Gator Crossing                                5713-5741 and 5811 Richey Drive                     Port Richey
 178              Summerfield Apartments                        1702 Summerfield Drive                              Lebanon
 184              Portage Green MHC                             20227 80th Avenue Northeast                         Arlington
 185              All Aboard - Santa Ana                        1030 East 4th Street                                Santa Ana
 268              Oakbrook Apartments                           5801 Kinkead Avenue                                 Fort Smith

<CAPTION>

                                         Zip          Interest          Net Mortgage           Original             Cut-off
  #    Crossed   State                  Code            Rate                Rate                Balance             Balance
----------------------------------------------------------------------------------------------------------------------------------
<S>     <C>      <C>                   <C>            <C>                 <C>                    <C>                  <C>
 12              CO                     80123         4.9400%             4.91918%                $43,100,000          $43,100,000
 18              Various               Various        4.9800%             4.90918%                $35,200,000          $35,200,000
 30              MI                     49321         5.2300%             5.20918%                $20,522,000          $20,477,620
 31              ID                     83712         4.7500%             4.72918%                $20,000,000          $20,000,000
 32              TX                     78205         5.3800%             5.35918%                $20,000,000          $20,000,000
 43
                 IL                     60041         5.2800%             5.25918%                $16,400,000          $16,400,000
 50              Various               Various        5.3500%             5.32918%                $13,226,000          $13,213,076
 51

                 IA                     50322         5.2200%             5.19918%                $13,000,000          $13,000,000
 52              SC                     29407         5.3500%             5.32918%                $13,000,000          $13,000,000
 73              CA                     92886         5.5700%             5.54918%                $10,000,000          $10,000,000
 80              NM                     87120         5.0100%             4.98918%                 $8,900,000           $8,900,000
 85              VA                     22314         5.4400%             5.41918%                 $8,400,000           $8,400,000
 91              NM                     88001         5.2300%             5.20918%                 $7,850,000           $7,850,000
 101             FL                     34243         5.3300%             5.30918%                 $7,125,000           $7,125,000
 109             CA                     94086         5.3800%             5.35918%                 $7,003,000           $6,988,331
 110             GA                     30263         5.3500%             5.32918%                 $6,850,000           $6,843,306
 115             CA                     94583         5.3800%             5.35918%                 $6,092,000           $6,079,239
 118             FL                     33917         5.2600%             5.23918%                 $6,000,000           $5,978,385
 124             CA                     94601         5.3800%             5.35918%                 $5,499,000           $5,487,481
 134             CA                     94124         5.3800%             5.35918%                 $5,176,000           $5,165,158
 140             TX                     75063         5.1100%             5.03918%                 $4,925,000           $4,925,000
 162             MI                     49505         5.1400%             5.11918%                 $4,078,000           $4,069,012
 176             FL                     34668         5.2000%             5.17918%                 $3,400,000           $3,396,555
 178             TN                     37087         5.3200%             5.29918%                 $3,300,000           $3,300,000
 184             WA                     98223         5.2600%             5.23918%                 $3,133,000           $3,126,268
 185             CA                     92701         5.3400%             5.31918%                 $3,125,000           $3,118,398
 268             AR                     72903         5.3400%             5.31918%                 $1,150,000           $1,143,749

<CAPTION>

                  Rem.                                                      Orig                 Rem.
                 Term to              Maturity                              Amort.               Amort.             Monthly
  #    Crossed   Maturity               Date              ARD                Term                 Term              Payment
-------------------------------------------------------------------------------------------------------------------------------
<S>     <C>       <C>                   <C>                     <C>         <C>                   <C>                <C>
 12                360                     9/1/2015              N/A         360                   360                 $229,792
 18                360                     8/1/2015              N/A         360                   360                 $188,531
 30                358                     9/1/2015              N/A         360                   358                 $113,069
 31                360                    10/1/2010              N/A         360                   360                 $104,329
 32                360                    11/1/2015              N/A         360                   360                 $112,057
 43
                   360                    10/1/2010              N/A         360                   360                  $90,866
 50                359                    10/1/2015              N/A         360                   359                  $73,856
 51

                   360                     8/1/2015              N/A         360                   360                  $71,545
 52                360                    10/1/2015              N/A         360                   360                  $72,594
 73                360                     9/1/2015              N/A         360                   360                  $57,219
 80                360                     8/1/2015              N/A         360                   360                  $47,832
 85                360                     9/1/2015              N/A         360                   360                  $47,379
 91                360                     7/1/2015              N/A         360                   360                  $43,251
 101               360                     9/1/2015              N/A         360                   360                  $39,698
 109               358                     9/1/2015              N/A         360                   358                  $39,237
 110               359                    10/1/2015              N/A         360                   359                  $38,251
 115               358                     9/1/2015              N/A         360                   358                  $34,132
 118               274                     9/1/2015              N/A         276                   274                  $37,520
 124               358                     9/1/2015              N/A         360                   358                  $30,810
 134               358                     9/1/2015              N/A         360                   358                  $29,000
 140               360                     7/1/2015              N/A         360                   360                  $26,771
 162               358                     9/1/2015              N/A         360                   358                  $22,242
 176               359                    10/1/2015              N/A         360                   359                  $18,670
 178               360                     8/1/2015              N/A         360                   360                  $18,366
 184               358                     9/1/2010              N/A         360                   358                  $17,320
 185               358                     9/1/2015              N/A         360                   358                  $17,431
 268               131                    10/1/2016              N/A         132                   131                  $11,539

<CAPTION>

                  Units/
                 Sq. Ft./
                  Rooms/               Interest Calculation             Administration
  #    Crossed     Pads               (30/360 / Actual/360)                  Fees              Due Date         ARD (Y/N)
-------------------------------------------------------------------------------------------------------------------------
<S>     <C>       <C>                      <C>                           <C>                     <C>            <C>
 12                 309,173                 Actual/360                     0.02082%                1               No
 18                 316,249                 Actual/360                     0.07082%                1               No
 30                     576                 Actual/360                     0.02082%                1               No
 31                 552,490                 Actual/360                     0.02082%                1               No
 32                     213                 Actual/360                     0.02082%                1               No
 43
                        235                 Actual/360                     0.02082%                1               No
 50                 187,435                 Actual/360                     0.02082%                1               No
 51

                    248,400                 Actual/360                     0.02082%                1               No
 52                  73,414                 Actual/360                     0.02082%                1               No
 73                 100,790                 Actual/360                     0.02082%                1               No
 80                  46,607                 Actual/360                     0.02082%                1               No
 85                  60,817                 Actual/360                     0.02082%                1               No
 91                  77,020                 Actual/360                     0.02082%                1               No
 101                    207                 Actual/360                     0.02082%                1               No
 109                 92,425                 Actual/360                     0.02082%                1               No
 110                 60,056                 Actual/360                     0.02082%                1               No
 115                 60,520                 Actual/360                     0.02082%                1               No
 118                    266                 Actual/360                     0.02082%                1               No
 124                 73,925                 Actual/360                     0.02082%                1               No
 134                 60,548                 Actual/360                     0.02082%                1               No
 140                 81,056                 Actual/360                     0.07082%                1               No
 162                    268                 Actual/360                     0.02082%                1               No
 176                 21,000                 Actual/360                     0.02082%                1               No
 178                    108                 Actual/360                     0.02082%                1               No
 184                     79                 Actual/360                     0.02082%                1               No
 185                 44,830                 Actual/360                     0.02082%                1               No
 268                    134                 Actual/360                     0.02082%                1               No

<CAPTION>

                                Earthquake     Environmental        Fee/          Letter of     Loan Group
  #    Crossed    Defeasance     Insurance       Insurance        Leasehold     Credit (Y/N)         #
----------------------------------------------------------------------------------------------------------
<S>     <C>        <C>             <C>             <C>           <C>                <C>            <C>
 12                  Yes            N/A              No              Fee             Yes             1
 18                  Yes            N/A              No              Fee             No              1
 30                  Yes            N/A              No              Fee             No              2
 31                  Yes            N/A              No              Fee             No              1
 32                  Yes            N/A              No           Leasehold          No              1
 43
                     Yes            N/A              No              Fee             No              2
 50                  Yes            Yes              No              Fee             No              1
 51

                     Yes            N/A              No              Fee             No              1
 52                  Yes            N/A              No              Fee             No              1
 73                  Yes            N/A              No              Fee             No              1
 80                  Yes            N/A              No              Fee             No              1
 85                  Yes            N/A              No              Fee             No              1
 91                  Yes            N/A              No              Fee             No              1
 101                 Yes            N/A              No              Fee             No              1
 109                 Yes            N/A              No              Fee             No              1
 110                 Yes            N/A              No              Fee             No              1
 115                 Yes            Yes              No              Fee             No              1
 118                 Yes            N/A              No              Fee             No              2
 124                 Yes            Yes              No              Fee             No              1
 134                 Yes            N/A              No              Fee             No              1
 140                  No            N/A              No              Fee             No              1
 162                 Yes            N/A              No              Fee             Yes             2
 176                 Yes            N/A              No              Fee             No              1
 178                 Yes            N/A              No              Fee             No              1
 184                 Yes            N/A              No              Fee             No              2
 185                  No            N/A              No              Fee             No              1
 268                 Yes            N/A              No              Fee             No              2
</TABLE>

<PAGE>

                                                                    SCHEDULE III

                 MORTGAGE LOANS CONSTITUTING MORTGAGE GROUPS

                                      None

<PAGE>

                                                                     SCHEDULE IV

                         MORTGAGE LOANS WITH LOST NOTES

                                      None

<PAGE>

                                                                      SCHEDULE V

                             EXCEPTIONS TO SELLER'S
                         REPRESENTATIONS AND WARRANTIES

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

(i)      [Good Title; Conveyance ].

(ii)     [Qualified Originator].

         None of the GE Capital-originator loans should be considered to have
         been originated either by a "Qualified Originator" or in accordance
         with the requirements applicable to "Non-Qualified Originators" set
         forth in the related representation

(iii)    [Authority; Assignment of Mortgage Loan].

(iv)     [Transfer of Loan].

(v)      [Licenses and Permits].

         Southwest Commons (76-0042429)($43,100,000): Certificates of occupancy
         related to new construction not yet obtained; Property is approximately
         94% leased and 60% occupied, with three anchor tenants expected to be
         open and paying rent as follows: (i) Sportsman's Warehouse (15.8% of
         gross leasable area) is expected to be open by 11.01.2005 and paying
         rent by 01.05.2006; (ii) Petsmart (10.4% of gross leasable area) is
         expected to accept its building pad from landlord by 10.03.2005 and to
         be open and paying rent by 04.26.2006; and (iii) Comp USA (8.3% of
         gross leasable area) is expected to be open and paying rent by
         11.01.2005; Since financing was in conjunction with borrower's
         acquisition of the property, the title company held approximately
         $7,985,694 in escrow for tenant improvements at closing, and the lender
         required an additional $2,563,948 in leasing related escrows

(vi)     [Legal, Valid and Binding Obligations].

(vii)    [Assignment of Leases and Rents].

(viii)   [Mortgage Status; Legal Valid and Binding Obligations].

(ix)     [Modifications or Releases Since Origination].

(x)      [Mortgage Lien].

         Villa Del Sol MHC (76-0041383)($7,125,000): Florida statute confers
         right of first refusal (ROFR) to owner's association; ROFR does not
         apply to foreclosure or deed-in-lieu, however

         White Oak Professional Center (76-0037528)($6,850,000): Tenant (Farners
         & Merchants Community Bank) has right of first refusal (ROFR) to
         purchase leased premises only (not entirety of mortgaged property);
         ROFR is not extinguished by foreclosure

(xi)     [Lender Actions Concerning Borrower Loan Representations].

(xii)    [Borrower's Representations].

(xiii)   [Title Insurance].

(xiv)    [Holdbacks].

(xv)     [Property Condition; Condemnation].

         All Aboard-Santa Ana (76-0042482)($3,125,000): Pending/threatened
         condemnation affects entirety of property (CenterLine Light-Rail
         Project in Southern CA); Additional recourse carve-out obtained from
         high net worth sponsor for any related losses; The status of the
         project itself, according to planning officials contacted by the
         lender's representatives, is currently "paused" [details in asset
         summary already provided]

(xvi)    [Inspections].

(xvii)   [Negative Amortization].

(xviii)  [Whole Loan].

(xix)    [Usury; Legal Compliance].

(xx)     [Fraud; Customary Mortgage Provisions].

(xxi)    [Taxes and Assessments].

(xxii)   [Escrow Deposits].

         Southwest Commons (76-0042429)($43,100,000): Certificates of occupancy
         related to new construction not yet obtained; Property is approximately
         94% leased and 60% occupied, with three anchor tenants expected to be
         open and paying rent as follows: (i) Sportsman's Warehouse (15.8% of
         gross leasable area) is expected to be open by 11.01.2005 and paying
         rent by 01.05.2006; (ii) Petsmart (10.4% of gross leasable area) is
         expected to accept its building pad from landlord by 10.03.2005 and to
         be open and paying rent by 04.26.2006; and (iii) Comp USA (8.3% of
         gross leasable area) is expected to be open and paying rent by
         11.01.2005; Since financing was in conjunction with borrower's
         acquisition of the property, the title company held approximately
         $7,985,694 in escrow for tenant improvements at closing, and the lender
         required an additional $2,563,948 in leasing related escrows

(xxiii)  [Insurance].

         Summerfield Apts. (76-0041212)($3,300,000): Terrorism insurance not
         required; Carve-out from warm body indemnitors obtained re related
         losses, however; Insurance renewal reflects coverage for Certified Acts
         of Terrorism per TRIA through 08.29.2006

(xxiv)   [No Material Defaults].

(xxv)    [Payment Record].

(xxvi)   [Lender Remedies; Bankruptcy].

(xxvii)  [Environmental Conditions].

(xxviii) [Due-On-Sale].

(xxix)   [Encroachments].

(xxx)    [Mortgage Loan Schedule].

(xxxi)   [Leaseholds].

         Hotel Valencia Riverwalk (76-0041395)($20,000,000): Leasehold; Fee Not
         Subordinated; Entirety of mortgaged property is subject to ground
         lease; Latest possible ground lease expiration is 12.31.2101 (Loan
         maturity is 11.01.2015); Variations: Ground lessee's transfer of its
         interest to leasehold mortgagee is pre-approved by the ground lessor,
         but subsequent assignments by leasehold mortgage (or, for purposes of
         taking title, its designee) are subject to the ground lessor's consent,
         which shall not be unreasonably withheld, conditioned or delayed, and
         which shall be deemed given if transferee satisfies $20 million net
         worth requirement and, among other things, continues its business in a
         manner appropriate for an upscale hotel, and continues management by an
         approved operator (10 years of experience managing upscale hotels and,
         if transfer occurs within end of third lease years, ownership or
         operation of at least twenty upscale hotel properties)

(xxxii)  [Part Fee/Part Leaseholds].

(xxxiii) [Other Collateral; Cross-Collateralization].

(xxxiv)  [Capital Contributions].

(xxxv)   [FIRREA Appraisals].

(xxxvi)  [Subordinate Mortgages].

(xxxvii) [Single Purposes Entity].

(xxxviii)[Encumbrances of Ownership Interest; Unsecured Debt].

         York Creek Apts. (76-0038668)($20,522,000): Existing unsecured sub debt
         in maximum principal amount of $2,052,200 permitted to Land & Co
         (affiliated party); Subordination and standstill agreement obtained for
         benefit of Lender

         Timber Oaks Apts. (76-0042009)($16,400,000): Existing unsecured sub
         debt in original amount of $7,453,330.27 payable from borrower to
         Cunat, Inc. (affiliate); Borrower covenant obtained re no sub debt
         payments while senior debt is outstanding; Subordination and standstill
         agreement obtained for benefit of Lender

         Oakview Apts (76-0038669)($4,078,000): Existing unsecured sub debt in
         maximum principal amount of $850,000 permitted to Land & Co (affiliated
         party); Subordination and standstill agreement obtained for benefit of
         Lender

(xxxix)  [Compliance with Licenses and Laws].

(xl)     [Access; Public Utilities].

(xli)    [Flood Insurance].

(xlii)   [Trustee under Deed of Trust].

(xliii)  [Litigation].

(xliv)   [Advances].

(xlv)    ["Doing Business" Authorization].

(xlvi)   [Collateral Transferred].

(xlvii)  [Releases].

(xlviii) [Application of Casualty and Condemnation Proceeds].

(xlix)   [UCC Financing Statements].

(l)      [Major Lease Defaults].

(li)     [Zoning Compliance].

(lii)    [Qualified Mortgage for REMIC Purposes] .

(liii)   [Defeasance].

(liv)    [Non-Recourse Exceptions].

(lv)     [APD Loans].

(lvi)    [Mortgagor Concentration].

(lvii)   [Appraisals].

(lviii)  [Fixed Interest Rate].

<PAGE>

                                                                       EXHIBIT A

                   REPRESENTATIONS AND WARRANTIES OF SELLER
                          REGARDING THE MORTGAGE LOANS

            For purposes of these representations and warranties, the phrase "to
the knowledge of Seller" or "to Seller's knowledge" shall mean, except where
otherwise expressly set forth below, the actual state of knowledge of Seller or
any servicer acting on its behalf regarding the matters referred to, in each
case without having conducted any independent inquiry or due diligence with
respect to such matters and without any actual or implied obligation to make
such inquiry or perform such due diligence, other than making such inquiry or
performing such due diligence as would be customarily performed by prudent
commercial or multifamily mortgage lenders or servicers (as the case may be)
with respect to similar mortgage loans or mortgaged properties. 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 knowledge of Seller. Wherever there is a
reference to receipt by, or possession of, Seller of any information or
documents, or to any action taken by Seller or not taken by Seller, such
reference shall include the receipt or possession of such information or
documents by, or the taking of such action or the not taking of such action by,
either Seller or any servicer acting on its behalf.

            Seller hereby represents and warrants, subject to the exceptions set
forth in the Exception Report annexed to this Agreement as Schedule V, with
respect to the Mortgage Loans that as of the date hereinbelow specified or, if
no such date is specified, as of the date of this Agreement:

            (i) Immediately prior to the sale, transfer and assignment to
Depositor, no Note or Mortgage was subject to any assignment (other than
assignments which show a complete chain of assignment to Seller), participation
or pledge, and Seller had good and marketable title to, and was the sole owner
of, the related Mortgage Loan;

            (ii)  Each Mortgage Loan was either:

            (A)   originated by a savings and loan association, savings bank,
                  commercial bank, credit union, or insurance company, which is
                  supervised and examined by a Federal or State authority, or by
                  a mortgagee approved by the Secretary of Housing and Urban
                  Development pursuant to Sections 203 and 211 of the National
                  Housing Act (any of the foregoing, including Seller, a
                  "Qualified Originator"); or

            (B)   if originated by a person which is not a Qualified Originator
                  (any such person, a "Non-Qualified Originator"), then:

                  1.    such Mortgage Loan was underwritten in accordance with
                        standards established by a Qualified Originator, using
                        application forms and related credit documents approved
                        by the Qualified Originator;

                  2.    the Qualified Originator approved each application and
                        related credit documents before a commitment by the
                        Non-Qualified Originator was issued, and no such
                        commitment was issued until the Qualified Originator
                        agreed to fund such Mortgage Loan;

                  3.    the Mortgage Loan was originated by the Non-Qualified
                        Originator pursuant to an ongoing, standing relationship
                        with the Qualified Originator; and

                  4.    the closing documents for the Mortgage Loan were
                        prepared on forms approved by the Qualified Originator,
                        and, pursuant to the Non-Qualified Originator's ongoing,
                        standing relationship with the Qualified Originator,
                        either:

                        (x)   such closing documents reflect the Qualified
                              Originator as the original mortgagee, and such
                              Mortgage Loan was actually funded by the Qualified
                              Originator at the closing thereof;

                        (y)   such closing documents reflect the Non-Qualified
                              Originator as the original mortgagee, but include
                              assignment documents executed by the Non-Qualified
                              Originator in favor of the Qualified Originator at
                              the time of the closing of the Mortgage Loan,
                              reflecting the Qualified Originator as the
                              successor and assign to the Non-Qualified
                              Originator, and the Mortgage Loan was funded
                              initially by the Non-Qualified Originator at the
                              closing thereof and then acquired by the Qualified
                              Originator from such Non-Qualified Originator; or

                        (z)   such closing documents reflect the Non-Qualified
                              Originator as the original mortgagee, but include
                              assignment documents executed by the Non-Qualified
                              Originator in favor of the Qualified Originator at
                              the time of the closing of the Mortgage Loan,
                              reflecting the Qualified Originator as the
                              successor and assign to the Non-Qualified
                              Originator, and the Mortgage Loan was funded
                              initially by the Qualified Originator at the
                              closing thereof and then acquired by the Qualified
                              Originator from such Non-Qualified Originator.

            (iii) Seller has full right and authority to sell, assign and
transfer such Mortgage Loan and the assignment to Depositor constitutes a legal,
valid and binding assignment of such Mortgage Loan;

            (iv) Seller is transferring such Mortgage Loan free and clear of any
and all liens, pledges, charges or any other interests or security interests of
any nature encumbering such Mortgage Loan, except for interests in servicing
rights created or granted under the Pooling and Servicing Agreement,
subservicing agreements and/or servicing rights purchase agreements being
executed and delivered in connection herewith;

            (v) To Seller's knowledge, based on the related borrower's
representations and covenants in the related mortgage loan documents and such
other due diligence as a reasonably prudent commercial mortgage lender would
deem appropriate, the borrower, lessee and/or operator was in possession of all
licenses, permits, and authorizations then required for use of the Mortgaged
Property which were valid and in full force and effect as of the origination
date and, to Seller's actual knowledge, such licenses, permits and
authorizations are still valid and in full force and effect;

            (vi) Each related Note, Mortgage, Assignment of Leases (if any) and
other agreement executed by or for the benefit of the related borrower, any
guarantor or their successors or assigns in connection with such Mortgage Loan
is the legal, valid and binding obligation of the related borrower, enforceable
in accordance with its terms, except as such enforcement may be limited by
bankruptcy, insolvency, reorganization, moratorium or other laws affecting the
enforcement of creditors' rights or by general principles of equity (regardless
of whether such enforceability is considered in a proceeding in equity or at
law); and there is no right of offset, rescission, abatement or diminution or
valid defense or counterclaim available to the related borrower with respect to
such Note, Mortgage, Assignment of Leases and other agreements, except as the
enforcement thereof may be limited by bankruptcy, insolvency, reorganization,
moratorium or other laws affecting the enforcement of creditors' rights or by
general principles of equity (regardless of whether such enforceability is
considered in a proceeding in equity or at law);

            (vii) The Mortgage File contains an Assignment of Leases, either as
a separate instrument or incorporated into the related Mortgage. Each related
Assignment of Leases creates a valid first priority collateral assignment of, or
a valid first priority lien or security interest in, certain rights under the
related lease or leases, subject only to a license granted to the related
borrower to exercise certain rights and to perform certain obligations of the
lessor under such lease or leases, including the right to operate the related
leased property, except as the enforcement thereof may be limited by bankruptcy,
insolvency, reorganization, moratorium or other laws affecting the enforcement
of creditors' rights or by general principles of equity (regardless of whether
such enforceability is considered in a proceeding in equity or at law); no
person other than the related borrower owns any interest in any payments due
under such lease or leases that is superior to or of equal priority with the
lender's interest therein;

            (viii) Each related assignment of Mortgage from Seller to the
Trustee and related assignment of the Assignment of Leases, if the Assignment of
Leases is a separate document from the Mortgage, is 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 Seller), and such assignments and any
assignment of any other agreement executed by or for the benefit of the related
borrower, any guarantor or their successors or assigns in connection with such
Mortgage Loan from Seller to the Trustee constitutes the legal, valid and
binding assignment from Seller to the Trustee, except as the enforcement thereof
may be limited by bankruptcy, insolvency, reorganization, liquidation,
receivership, moratorium or other laws relating to or affecting the enforcement
of creditors' rights or by general principles of equity (regardless of whether
such enforceability is considered in a proceeding in equity or at law);

            (ix) Since origination (A) except as set forth in the related
Mortgage File, such Mortgage Loan has not been modified, altered, satisfied,
canceled, subordinated or rescinded in whole or in part and (B) each related
Mortgaged Property has not been released, in whole or in part, from the lien of
the related Mortgage in any manner which materially interferes with the security
intended to be provided by such Mortgage; and since August 9, 2005, no waiver,
consent, modification, assumption, alteration, satisfaction, cancellation,
subordination or rescission which changes the terms of, or the security for, the
Mortgage Loan in any material respect has occurred or been given;

            (x) Each related Mortgage is a valid and enforceable first lien on
the related Mortgaged Property (subject to Permitted Encumbrances (as defined
below)), except as the enforcement thereof may be limited by bankruptcy,
insolvency, reorganization, moratorium or other laws affecting the enforcement
of creditors' rights or by general principles of equity (regardless of whether
such enforceability is considered in a proceeding in equity or at law), and
except that, in the case of the CBA Mortgage Loans the related Mortgage
encumbering the related Mortgaged Property also secures one or more other
mortgage loans; and such Mortgaged Property is free and clear of any mechanics'
and materialmen's liens which are prior to or equal with the lien of the related
Mortgage, except those which are insured against by a lender's title insurance
policy (as described below). A UCC Financing Statement has been filed and/or
recorded (or sent for filing or recording) in all places necessary to perfect a
valid security interest in the personal property necessary to operate the
Mortgaged Property as currently operated; and such security interest is a first
priority security interest, subject to any prior purchase money security
interest in such personal property, any personal property leases applicable to
such personal property and any other security interest in such personal property
which do not, individually or in the aggregate, materially interfere with the
security intended to be provided for such Mortgage Loan. Any security agreement,
chattel mortgage or equivalent document related to and delivered in connection
with the Mortgage Loan establishes and creates a valid and enforceable lien on
the property described therein, except as such enforcement may be limited by
bankruptcy, insolvency, reorganization, moratorium or other laws affecting the
enforcement of creditors' rights or by general principles of equity (regardless
of whether such enforceability is considered in a proceeding in equity or at
law). In the case of any Mortgage Loan secured by a hotel, the related loan
documents contain such provisions as are necessary and UCC Financing Statements
have been filed as necessary, in each case, to perfect a valid first priority
security interest in the related operating revenues with respect to such
Mortgaged Property. 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 filing of UCC Financing Statements are required in order
to effect such perfection;

            (xi) Seller has not taken any action that would cause the
representations and warranties made by the related borrower in the related
Mortgage Loan Documents not to be true;

            (xii) Seller has no knowledge that the material representations and
warranties made by the related borrower in the related Mortgage Loan Documents
are not true in any material respect;

            (xiii) The lien of each related Mortgage is a first priority lien on
the fee or leasehold interest of the related borrower in the principal amount of
such Mortgage Loan or allocated loan amount of the portions of the Mortgaged
Property covered thereby (as set forth in the related Mortgage) after all
advances of principal and is insured by an ALTA lender's title insurance policy
(except that if such policy is yet to be issued, such insurance may be evidenced
by a "marked up" pro forma policy or title commitment in either case marked as
binding and countersigned by the title company or its authorized agent, either
on its face or by an acknowledged closing instruction or escrow letter), or its
equivalent as adopted in the applicable jurisdiction, insuring the named
mortgagee and its successors and assigns (as sole insured) as to such lien,
subject only to (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, none of which, individually or in the
aggregate, materially interferes with the current use of the Mortgaged Property
or the security intended to be provided by such Mortgage or with the borrower's
ability to pay its obligations when they become due or the value of the
Mortgaged Property, (C) the exceptions (general and specific) and exclusions set
forth in such policy, none of which, individually or in the aggregate,
materially interferes with the current general use of the Mortgaged Property or
materially interferes with the security intended to be provided by such Mortgage
or with the related borrower's ability to pay its obligations when they become
due or the value of the Mortgaged Property, (D) the rights of tenants, as
tenants only, under leases, including subleases, pertaining to the related
Mortgaged Property, (E) if the related Mortgage Loan is cross-collateralized
with any other Mortgage Loan, the lien of the mortgage instrument for that other
Mortgage Loan and (F) if the related Mortgaged Property is a unit in a
condominium, the related condominium declaration (items (A), (B), (C), (D), (E)
and (F) collectively, "Permitted Encumbrances"), and except that, in the case of
the CBA Mortgage Loans, the related Mortgage encumbering the related Mortgaged
Property also secures one or more other mortgage loans; and with respect to each
Mortgage Loan, such Permitted Encumbrances do not, individually or in the
aggregate, materially interfere with the security intended to be provided by the
related Mortgage, the current principal use of the related Mortgaged Property or
the current ability of the related Mortgaged Property to generate income
sufficient to service such Mortgage Loan; the premium for such policy was paid
in full; such policy (or if it is yet to be issued, the coverage to be afforded
thereby) is issued by a title insurance company licensed to issue policies in
the state in which the related Mortgaged Property is located (unless such state
is Iowa) and is assignable (with the related Mortgage Loan) to Depositor and the
Trustee without the consent of or any notification to the insurer, and is in
full force and effect upon the consummation of the transactions contemplated by
this Agreement; no claims have been made under such policy and Seller has not
undertaken any action or omitted to take any action, and has no knowledge of any
such act or omission, which would impair or diminish the coverage of such
policy;

            (xiv) The proceeds of such Mortgage Loan have been fully disbursed
and there is no requirement for future advances thereunder, and no future
advances have been made which are not reflected in the related Mortgage File;

            (xv) Except as set forth in a property inspection report or
engineering report prepared in connection with the origination of the Mortgage
Loan, as of the later of the date of origination of such Mortgage Loan or the
most recent inspection of the related Mortgaged Property by Seller, as
applicable, and to the knowledge of Seller as of the date hereof, each related
Mortgaged Property is free of any material damage that would affect materially
and adversely the use or value of such Mortgaged Property as security for the
Mortgage Loan (normal wear and tear excepted). If any of the inspection or
engineering reports referred to above in this paragraph (xv) revealed any
immediate repair items, then one of the following is true: (A) the repairs
and/or maintenance necessary to correct such condition have been completed in
all material respects; (B) an escrow of funds is required or a letter of credit
was obtained in an amount reasonably estimated to be sufficient to complete the
repairs and/or maintenance necessary to correct such condition; or (C) the
reasonable estimation at the time of origination of the Mortgage Loan of the
cost to complete the repairs and/or maintenance necessary to correct such
condition represented no more than the greater of (1) $50,000 and (2) 2% of the
value of the related Mortgaged Property as reflected in an appraisal conducted
in connection with the origination of the subject Mortgage Loan; as of the
closing date for each Mortgage Loan and, to Seller's knowledge, as of the date
hereof, there is no proceeding pending for the total or partial condemnation of
such Mortgaged Property that would have a material adverse effect on the use or
value of the Mortgaged Property;

            (xvi) Seller has inspected or caused to be inspected each related
Mortgaged Property within the past twelve months, or the originator of the
Mortgage Loan inspected or caused to be inspected each related Mortgaged
Property within three months of origination of the Mortgage Loan;

            (xvii) No Mortgage Loan has a shared appreciation feature, any other
contingent interest feature or a negative amortization feature other than the
ARD Loans which may have negative amortization from and after the related
Anticipated Repayment Date;

            (xviii) Each Mortgage Loan is a whole loan, and neither the Mortgage
Loan nor the related Mortgage Loan Documents create or grant an equity
participation to the lender or any other party;

            (xix) The Mortgage Rate (exclusive of any default interest, late
charges, or prepayment premiums) of such Mortgage Loan complied as of the date
of origination with, or was exempt from, applicable state or federal laws,
regulations and other requirements pertaining to usury. Except to the extent any
noncompliance did not materially and adversely affect the value of the related
Mortgaged Property, the security provided by the Mortgage or the related
borrower's operations at the related Mortgaged Property, any and all other
requirements of any federal, state or local laws, including, without limitation,
truth-in-lending, real estate settlement procedures, equal credit opportunity or
disclosure laws, applicable to such Mortgage Loan have been complied with as of
the date of origination of such Mortgage Loan;

            (xx) Neither Seller nor, to Seller's knowledge, any originator,
committed any fraudulent acts during the origination process of any Mortgage
Loan and (i) the origination of each Mortgage Loan is in all respects legal,
proper and prudent in accordance with customary commercial mortgage lending
standards and (ii) the servicing and collection of each Mortgage Loan is in all
respects legal, proper and prudent in accordance with servicing standard and no
other person has been granted or conveyed the right to service the Mortgage
Loans or receive any consideration in connection therewith, except as provided
in the Pooling and Servicing Agreement or any permitted subservicing agreements
and/or servicing rights purchase agreements being executed and delivered in
connection therewith;

            (xxi) All taxes and governmental assessments that became due and
owing prior to the date hereof with respect to each related Mortgaged Property
and that are or may become a lien of priority equal to or higher than the lien
of the related Mortgage have been paid or an escrow of funds has been
established and such escrow (including all escrow payments required to be made
prior to the delinquency of such taxes and assessments) is sufficient to cover
the payment of such taxes and assessments;

            (xxii) All escrow deposits and payments required pursuant to each
Mortgage Loan are in the possession, or under the control, of Seller or its
agent and there are no deficiencies (subject to any applicable grace or cure
periods) in connection therewith, all such escrows and deposits are being
conveyed by Seller to Depositor and identified as such with appropriate detail,
and any and all requirements for the disbursement of any such escrows have been
complied with in all material respects;

            (xxiii) Each related Mortgaged Property is insured by a fire and
extended perils insurance policy, issued by an insurer meeting the requirements
of the Pooling and Servicing Agreement, in an amount not less than the lesser of
the principal amount of the related Mortgage Loan and the replacement cost (with
no deduction for physical depreciation) and not less than the amount necessary
to avoid the operation of any co-insurance provisions with respect to the
related Mortgaged Property; each related Mortgaged Property is also covered by
business interruption or rental loss insurance which covers a period of not less
than 12 months and comprehensive general liability insurance in amounts
generally required by prudent commercial mortgage lenders for similar
properties; all Mortgaged Properties in California or in a seismic zone 4 or 5
have had a seismic assessment done and earthquake insurance was obtained to the
extent any such Mortgaged Property has a probable maximum loss in the event of
an earthquake of greater than twenty percent (20%) of the replacement value of
the related improvements; if the Mortgaged Property for any Mortgage Loan is
located within Florida or within 25 miles of the coast of North Carolina, South
Carolina, Georgia, Alabama, Mississippi, Louisiana or Texas, then, 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 insurable replacement cost of the improvements located on the
related Mortgaged Property; the Mortgaged Properties securing all of the
Mortgage Loans having a Cut-off Date Principal Balance in excess of $3,000,000
have, as of the date hereof, insurance policies in place with respect to acts of
terrorism or damage related thereto (excluding acts involving nuclear,
biological or chemical terrorism), except any such Mortgage Loans that are
listed on the applicable Exception Report. All premiums on such insurance
policies required to be paid as of the date hereof have been paid; such
insurance policies or the related insurance certificates require prior notice to
the insured of reduction in coverage, termination or cancellation, and no such
notice has been received by Seller; such insurance names the lender under the
Mortgage Loan and its successors and assigns as a named or additional insured;
each related Mortgage Loan obligates the related borrower to maintain all such
insurance and, at such borrower's failure to do so, authorizes the lender to
maintain such insurance at the borrower's cost and expense and to seek
reimbursement therefor from such borrower; (xxiv) There is no monetary default,
breach, violation or event of acceleration existing under the related Mortgage
Loan. To Seller's knowledge, there is no (A) non-monetary default, breach,
violation or event of acceleration existing under the related Mortgage Loan or
(B) event (other than payments due but not yet delinquent) which, with the
passage of time or with notice and the expiration of any grace or cure period,
would constitute a default, breach, violation or event of acceleration, which
default, breach, violation or event of acceleration, in the case of either (A)
or (B), would materially and adversely affect the use or value of the Mortgage
Loan or the related Mortgaged Property. Notwithstanding the foregoing, this
representation and warranty does not address or otherwise cover any default,
breach, violation or event of acceleration that specifically pertains to any
matter otherwise covered by any other representation or warranty made by Seller
elsewhere in this Exhibit A or the Exception Report;

            (xxv) No Mortgage Loan has been more than 30 days delinquent in
making required payments since origination and as of the Cut-off Date no
Mortgage Loan is 30 or more days delinquent in making required payments;

            (xxvi) (A) Each related Mortgage contains provisions so 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, including realization by judicial or, if applicable, non-judicial
foreclosure or, subject to applicable state law requirements, appointment of a
receiver, and (B) there is no exemption available to the borrower which would
interfere with such right to foreclose, except, in the case of either (A) or
(B), as the enforcement of the Mortgage may be limited by bankruptcy,
insolvency, reorganization, moratorium, redemption or other laws affecting the
enforcement of creditors' rights or by general principles of equity (regardless
of whether such enforceability is considered in a proceeding in equity or at
law). No borrower is a debtor in a state or federal bankruptcy or insolvency
proceeding;

            (xxvii) At origination, each borrower represented and warranted in
all material respects that to its knowledge, except as set forth in certain
environmental reports and, except as commonly used in the operation and
maintenance of properties of similar kind and nature to the Mortgaged Property,
in accordance with prudent management practices and applicable law, and in a
manner that does not result in any contamination of the Mortgaged Property, it
has not used, caused or permitted to exist and will not use, cause or permit to
exist on the related Mortgaged Property any hazardous materials in any manner
which violates federal, state or local laws, ordinances, regulations, orders,
directives or policies governing the use, storage, treatment, transportation,
manufacture, refinement, handling, production or disposal of hazardous materials
or other environmental laws; and the related borrower agreed to indemnify,
defend and hold the mortgagee and its successors and assigns harmless from and
against losses, liabilities, damages, injuries, penalties, fines, expenses, and
claims of any kind whatsoever (including attorneys' fees and costs) paid,
incurred or suffered by, or asserted against, any such party resulting from a
breach of the foregoing representations, warranties or covenants given by the
borrower in connection with such Mortgage Loan. A Phase I environmental report
(or, with respect to residential cooperative loans with an original principal
balance of $350,000 or less, a transaction screen meeting ASTM standards) and,
with respect to certain Mortgage Loans, a Phase II environmental report was
conducted by a reputable independent environmental consulting firm in connection
with such Mortgage Loan, which report (or transaction screen) did not indicate
any material non-compliance with applicable environmental laws or material
existence of hazardous materials or, if any material non-compliance or material
existence of hazardous materials was indicated in any such report (or
transaction screen), then at least one of the following statements is true: (A)
funds reasonably estimated to be sufficient to cover the cost to cure any
material non-compliance with applicable environmental laws or material existence
of hazardous materials have been escrowed by the related borrower and held by
the related mortgagee; (B) if the environmental report recommended an operations
and maintenance plan, but not any material expenditure of funds, an operations
and maintenance plan has been required to be obtained by the related borrower;
(C) the environmental condition identified in the related environmental report
was remediated or abated in all material respects prior to the date hereof; (D)
a no further action or closure letter was obtained from the applicable
governmental regulatory authority (or the environmental issue affecting the
related Mortgaged Property was otherwise listed by such governmental authority
as "closed"); (E) such conditions or circumstances identified in the Phase I
environmental report were investigated further and based upon such additional
investigation, an environmental consultant recommended no further investigation
or remediation; (F) a party unrelated to the borrower with financial resources
reasonably estimated to be adequate to cure the condition or circumstance
provided a guaranty or indemnity to the related borrower to cover the costs of
any required investigation, testing, monitoring or remediation; (G) the
expenditure of funds reasonably estimated to be necessary to effect such
remediation is not greater than two percent (2%) of the outstanding principal
balance of the related Mortgage Loan; or (H) a lender's environmental insurance
policy was obtained and is a part of the related Mortgage File. Notwithstanding
the preceding sentence, with respect to certain Mortgage Loans with an original
principal balance of less than $3,000,000, no environmental report may have been
obtained, but (in such cases where a Phase I environmental report was not
obtained) a lender's secured creditor impaired property environmental insurance
policy was obtained with respect to each such Mortgage Loan. Each of such
secured creditor impaired property environmental insurance policies is a part of
the related Mortgage File. Each of such environmental insurance policies is in
full force and effect, is in an amount not less than the 100% of the balance of
the related Mortgage Loan, and has a term extending not less than five years
after the maturity date of the related Mortgage Loan; the premiums for such
policies have been paid in full; the Trustee is named as an insured under each
of such policies; and Seller has delivered to the insurer all related
environmental reports in its possession. To Seller's knowledge, in reliance on
the environmental reports referred to in the second sentence of this paragraph
(xxvii) and except as set forth in such environmental reports, each Mortgaged
Property is in material compliance with all applicable federal, state and local
environmental laws, and to Seller's knowledge, no notice of violation of such
laws has been issued by any governmental agency or authority, except, in all
cases, as indicated in such environmental reports or other documents previously
provided to the Rating Agencies; and Seller has not taken any action which would
cause the Mortgaged Property to not be in compliance with all federal, state and
local environmental laws pertaining to environmental hazards;

            (xxviii) (1) Each Mortgage Loan contains provisions for the
acceleration of the payment of the unpaid principal balance of such Mortgage
Loan if, without the consent of the holder of the Mortgage (and the Mortgage
requires the mortgagor to pay all fees and expenses associated with obtaining
such consent), the related Mortgaged Property is directly or indirectly
transferred or sold, and (2) except with respect to transfers of certain
interests in the related borrower to persons already holding interests in the
borrower, their family members, affiliated companies and other estate planning
related transfers that satisfy certain criteria specified in the related
Mortgage (which criteria is consistent with the practices of prudent commercial
mortgage lenders) or any transfers in connection with the death or disability of
owners of the borrower or, if the related Mortgaged Property is a residential
cooperative property, transfers of stock of the related borrower in connection
with the assignment of a proprietary lease for a unit in the related Mortgaged
Property by a tenant-shareholder of the related borrower to other persons who by
virtue of such transfers become tenant-shareholders in the related borrower,
each Mortgage Loan also contains the provisions for the acceleration of the
payment of the unpaid principal balance of such Mortgage Loan if, without the
consent of the holder of the Mortgage (and the Mortgage requires the mortgagor
to pay all fees and expenses associated with obtaining such consent), a majority
interest in the related borrower is directly or indirectly transferred or sold;

            (xxix) All improvements included in the related appraisal are within
the boundaries of the related Mortgaged Property, except for encroachments onto
adjoining parcels for which Seller has obtained title insurance against losses
arising therefrom or that do not materially and adversely affect the use or
value of such Mortgaged Property. No improvements on adjoining parcels encroach
onto the related Mortgaged Property except for encroachments that do not
materially and adversely affect the value of such Mortgaged Property, the
security provided by the Mortgage, the current use of the Mortgaged Property, or
the related borrower's operations at the Mortgaged Property;

            (xxx) The information pertaining to the Mortgage Loans which is set
forth in the Mortgage Loan Schedule attached as an exhibit to this Agreement is
complete and accurate in all material respects as of the dates of the
information set forth therein (or, if not set forth therein, as of the Cut-off
Date);

            (xxxi) With respect to any Mortgage Loan where all or any portion of
the estate of the related borrower therein is a leasehold estate under a ground
lease, and the related Mortgage does not also encumber the related lessor's fee
interest in such Mortgaged Property, based upon the terms of the ground lease
and any estoppel received from the ground lessor, Seller represents and warrants
that:

            (A)   The ground lease or a memorandum regarding such ground lease
                  has been duly recorded. The ground lease permits the interest
                  of the lessee to 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
                  adversely affect the security provided by the related
                  Mortgage. To Seller's knowledge, there has been no material
                  change in the terms of the ground lease since its recordation,
                  except by any written instruments which are included in the
                  related mortgage file;

            (B)   The lessor under such ground lease has agreed in a writing
                  included in the related mortgage file that the ground lease
                  may not be amended, modified, canceled or terminated without
                  the prior written consent of the lender and that any such
                  action without such consent is not binding on the lender, its
                  successors or assigns;

            (C)   The ground lease has an original term (or an original term
                  plus one or more optional renewal terms, which, under all
                  circumstances, may be exercised, and would be enforceable, by
                  the lender) that extends not less than 10 years beyond the
                  amortization term of the related Mortgage Loan;

            (D)   Based on the title insurance policy (or binding commitment
                  therefor) obtained by Seller, the ground lease is not subject
                  to any liens or encumbrances superior to, or of equal priority
                  with, the Mortgage, subject to Permitted Encumbrances and
                  liens that encumber the ground lessor's fee interest;

            (E)   Under the terms of the ground lease, the ground lease is
                  assignable to the lender and its assigns without the consent
                  of the lessor thereunder;

            (F)   The ground lease is in full force and effect, Seller has no
                  actual knowledge that any default beyond applicable notice and
                  grace periods has occurred, and to Seller's knowledge, there
                  is no existing condition which, but for the passage of time or
                  giving of notice, would result in a default under the terms of
                  the ground lease;

            (G)   The ground lease or ancillary agreement, which is part of the
                  Mortgage File, between the lessor and the lessee requires the
                  lessor to give notice of any default by the lessee to the
                  lender;

            (H)   The lender is permitted a reasonable opportunity (including,
                  where necessary, sufficient time to gain possession of the
                  interest of the lessee under the ground lease through legal
                  proceedings, or to take other action so long as the lender is
                  proceeding diligently) to cure any default under the ground
                  lease which is curable after the receipt of notice of any
                  default before the lessor may terminate the ground lease. All
                  rights of the lender under the ground lease and the related
                  Mortgage (insofar as it relates to the ground lease) may be
                  exercised by or on behalf of the lender;

            (I)   The ground lease does not impose any restrictions on
                  subletting that would be viewed as commercially unreasonable
                  by a prudent commercial mortgage lender. The lessor is not
                  permitted to disturb the possession, interest or quiet
                  enjoyment of any subtenant of the lessee in the relevant
                  portion of the Mortgaged Property subject to the ground lease
                  for any reason, or in any manner, which would adversely affect
                  the security provided by the related Mortgage;

            (J)   Under the terms of the ground lease and the related Mortgage,
                  any related insurance proceeds or condemnation award (other
                  than in respect of a total or substantially total loss or
                  taking) will be applied either to the repair or restoration of
                  all or part of the related Mortgaged Property, with the lender
                  or a trustee appointed by it having the right to hold and
                  disburse such proceeds as 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 of the outstanding principal
                  balance of the Mortgage Loan, together with any accrued
                  interest, except that in the case of condemnation awards, the
                  ground lessor may be entitled to a portion of such award;

            (K)   Under the terms of the ground lease and the related Mortgage,
                  any related insurance proceeds, or condemnation award in
                  respect of a total or substantially total loss or taking of
                  the related Mortgaged Property will be applied first to the
                  payment of the outstanding principal balance of the Mortgage
                  Loan, together with any accrued interest (except as provided
                  by applicable law or in cases where a different allocation
                  would not be viewed as commercially unreasonable by a prudent
                  commercial mortgage lender, taking into account the relative
                  duration of the ground lease and the related Mortgage and the
                  ratio of the market value of the related Mortgaged Property to
                  the outstanding principal balance of such Mortgage Loan).
                  Until the principal balance and accrued interest are paid in
                  full, neither the lessee nor the lessor under the ground lease
                  will have an option to terminate or modify the ground lease
                  without the prior written consent of the lender as a result of
                  any casualty or partial condemnation; and

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

            (xxxii) With respect to any Mortgage Loan where all or a material
portion of the estate of the related borrower therein is a leasehold estate, but
the related Mortgage also encumbers the related lessor's fee interest in such
Mortgaged Property: (A) such lien on the related fee interest is evidenced by
the related Mortgage, (B) such Mortgage does not by its terms provide that it
will be subordinated to the lien of any other mortgage or encumbrance upon such
fee interest, (C) upon the occurrence of a default under the terms of such
Mortgage by the related borrower, any right of the related lessor to receive
notice of, and to cure, such default granted to such lessor under any agreement
binding upon the lender would not be considered commercially unreasonable in any
material respect by prudent commercial mortgage lenders, (D) the related lessor
has agreed in a writing included in the related Mortgage File that the related
ground lease may not be amended or modified without the prior written consent of
the lender and that any such action without such consent is not binding on the
lender, its successors or assigns, and (E) the related ground lease is in full
force and effect, and Seller has no actual knowledge that any default beyond
applicable notice and grace periods has occurred or that there is any existing
condition which, but for the passage of time or giving of notice, would result
in a default under the terms of such ground lease;

            (xxxiii) Except in the case of the CBA Mortgage Loans with respect
to those Mortgage Loans that are cross-collateralized or cross-defaulted, all
other loans that are cross-collateralized or cross-defaulted with such Mortgage
Loans are being transferred to Depositor hereunder;

            (xxxiv) Neither Seller nor any affiliate thereof has any obligation
to make any capital contribution to any borrower under a Mortgage Loan, other
than contributions made on or prior to the date hereof;

            (xxxv) (A) The Mortgage Loan is directly secured by a Mortgage on a
commercial property or multifamily residential property, and (B) the fair market
value of such real property, as evidenced by an appraisal satisfying the
requirements of FIRREA conducted within 12 months of the origination of the
Mortgage Loan, was at least equal to 80% of the principal amount of the Mortgage
Loan (1) at origination (or if the Mortgage Loan has been modified in a manner
that constituted a deemed exchange under Section 1001 of the Code at a time when
the Mortgage Loan was not in default or default with respect thereto was not
reasonably foreseeable, the date of the last such modification) or (2) at the
date hereof; provided that the fair market value of the real property 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 (B) shall be made on an aggregated basis);

            (xxxvi) There are no subordinate mortgages encumbering the related
Mortgaged Property, nor are there any preferred equity interests held by the
lender or any mezzanine debt related to such Mortgaged Property, except as set
forth in the Prospectus Supplement, in this Exhibit A or in the Exception
Report;

            (xxxvii) Except in cases where the related Mortgaged Property is a
residential cooperative property, the Mortgage Loan Documents executed in
connection with each Mortgage Loan having an original principal balance in
excess of $5,000,000 require that the related borrower be a Single-Purpose
Entity (for this purpose, "Single-Purpose Entity" shall mean an entity, other
than an individual, having organizational documents which provide substantially
to the effect that it is formed or organized solely for the purpose of owning
and operating one or more Mortgaged Properties, is prohibited from engaging in
any business unrelated to such property and the related Mortgage Loan, does not
have any assets other than those related to its interest in the related
Mortgaged Property or its financing, or any indebtedness other than as permitted
under the related Mortgage Loan). To Seller's actual knowledge, each borrower
has fully complied with the requirements of the related Note and Mortgage and
borrower's organizational documents regarding Single-Purpose Entity status;

            (xxxviii) Except in cases where the related Mortgaged Property is a
residential cooperative property, each Mortgage Loan prohibits the related
borrower from mortgaging or otherwise encumbering the Mortgaged Property, or any
controlling equity interest in the borrower, without the prior written consent
of the mortgagee or the satisfaction of debt service coverage or similar
criteria specified in the Note or Mortgage which would be acceptable to a
reasonably prudent commercial mortgage lender, and, except in connection with
trade debt and equipment financings in the ordinary course of borrower's
business, from carrying any additional indebtedness, except, in each case, liens
contested in accordance with the terms of the Mortgage Loans or, with respect to
each Mortgage Loan having an original principal balance of less than $4,000,000,
any unsecured debt;

            (xxxix) Each borrower covenants in the Mortgage Loan Documents that
it shall remain in material compliance with all material licenses, permits and
other legal requirements necessary and required to conduct its business;

            (xl) Each Mortgaged Property (A) is located on or adjacent to a
dedicated road, or has access to an irrevocable easement permitting ingress and
egress, (B) is served by public utilities and services generally available in
the surrounding community or otherwise appropriate for the use in which the
Mortgaged Property is currently being utilized, and (C) constitutes one or more
separate tax parcels or is covered by an endorsement with respect to the matters
described in (A), (B) or (C) under the related title insurance policy (or the
binding commitment therefor);

            (xli) Based solely on a flood zone certification or a survey of the
related Mortgaged Property, if any portion of the improvements on the Mortgaged
Property is located in an area identified by the Federal Emergency Management
Agency or the Secretary of Housing and Urban Development as having special flood
hazards categorized as Zone "A" or Zone "V" and flood insurance is available,
the terms of the Mortgage Loan require the borrower to maintain flood insurance,
or at such borrower's failure to do so, authorizes the lender to maintain such
insurance at the cost and expense of the borrower and such insurance is in full
force and effect in an amount not less than the lesser of (A) the replacement
cost of the material improvements on such Mortgaged Property, (B) the balance of
the Mortgage Loan and (C) the maximum amount of insurance available under the
applicable National Flood Insurance Administration Program;

            (xlii) 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 or may be substituted in accordance with applicable law by
the related mortgagee, and except in connection with a trustee's sale after a
default by the related borrower, no fees are payable to such trustee, and such
fees payable are payable by the borrower;

            (xliii) Except as disclosed in the Exception Report to this
Agreement, to the knowledge of Seller as of the date hereof, there was no
pending action, suit or proceeding, arbitration or governmental investigation
against any borrower or Mortgaged Property, an adverse outcome of which would
materially and adversely affect such borrower's ability to perform under the
related Mortgage Loan;

            (xliv) No advance of funds has been made by Seller to the related
borrower (other than mezzanine debt and the acquisition of preferred equity
interests by the preferred equity interest holder, as disclosed in the
Prospectus Supplement), and no funds have, to Seller's knowledge, been received
from any person other than, or on behalf of, the related borrower, for, or on
account of, payments due on the Mortgage Loan;

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

            (xlvi) All collateral for the Mortgage Loans is being transferred as
part of the Mortgage Loans;

            (xlvii) Except as disclosed in the Exception Report or the
Prospectus Supplement with respect to the Crossed Mortgage Loans and Mortgage
Loans secured by multiple, non-contiguous real properties, no Mortgage Loan
requires the lender to release any portion of the Mortgaged Property from the
lien of the related Mortgage except upon (A) payment in full or defeasance of
the related Mortgage Loan, (B) the satisfaction of certain legal and
underwriting requirements that would be customary for prudent commercial
mortgage lenders, which in all events include payment of a release price at
least 125% of the appraised value of the property to be released or of the
allocated loan amount of such property, (C) releases of unimproved out-parcels
or (D) releases of other portions of the Mortgaged Property which will not have
a material adverse effect on the use or value of the collateral for the related
Mortgage Loan and which were given no value in the appraisal of the Mortgaged
Property or of that portion of the Mortgaged Property used to calculate the
loan-to-value ratio of the Mortgaged Property for underwriting purposes. No
release or partial release of any Mortgaged Property, or any portion thereof,
expressly permitted or required pursuant to the terms of any Mortgage Loan would
constitute a significant modification of the related Mortgage Loan under Treas.
Reg. Section 1.860G-2(b)(2);

            (xlviii) Any insurance proceeds in respect of a casualty loss or
taking will be applied either to (A) the repair or restoration of all or part of
the related Mortgaged Property, with, in the case of all casualty losses or
takings in excess of a specified amount or percentage of the related loan amount
that a prudent commercial lender would deem satisfactory and acceptable, the
lender (or a trustee appointed by it) having the right to hold and disburse such
proceeds as the repair or restoration progresses (except in any case 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 (B) to the payment of the outstanding principal balance of such Mortgage Loan
together with any accrued interest thereon;

            (xlix) Each UCC Financing Statement, if any, filed with respect to
personal property constituting a part of the related Mortgaged Property and each
assignment, if any, of such UCC Financing Statement to Seller was, and each
assignment, if any, of such UCC Financing Statement in blank which the Trustee
or its designee is authorized to complete (but for the insertion of the name of
the assignee and any related filing information which is not yet available to
Seller) is, in suitable form for filing in the filing office in which such UCC
Financing Statement was filed;

            (l) To Seller's knowledge, (A) each commercial lease covering more
than 10% (20% in the case of any Mortgage Loan having an original principal
balance less than $2,500,000) of the net leaseable area of the related Mortgaged
Property is in full force and effect and (B) there exists no default under any
such commercial lease either by the lessee thereunder or by the related borrower
that could give rise to the termination of such lease;

            (li) Based upon an opinion of counsel and/or other due diligence
considered reasonable by prudent commercial mortgage lenders in the lending area
where the subject property is located, the improvements located on or forming
part of each Mortgaged Property comply with applicable zoning laws and
ordinances, or constitute a legal non-conforming use or structure or, if any
such improvement does not so comply, such non-compliance does not materially and
adversely affect the value of the related Mortgaged Property. With respect to
Mortgage Loans with a Cut-off Date Principal Balance of over $10,000,000, if the
related Mortgaged Property does not so comply, to the extent Seller is aware of
such non-compliance, it has required the related borrower to obtain law and
ordinance insurance coverage in amounts customarily required by prudent
commercial mortgage lenders;

            (lii) Each Mortgage Loan constitutes a "qualified mortgage" within
the meaning of Section 860G(a)(3) of the Code (but without regard to the rule in
Treasury Regulation (as defined herein) Section 1.860G-2(f)(2) that treats a
defective obligation as a qualified mortgage or any substantially similar
successor provision), the related Mortgaged Property, if acquired by a REMIC in
connection with the default or imminent default of such Mortgage Loan would
constitute "foreclosure property" within the meaning of Code Section 860G(a)(8)
and all Prepayment Premiums and Yield Maintenance Charges with respect to such
Mortgage Loan constitute "customary prepayment penalties" within the meaning of
Treasury Regulation Section 1.860G-1(b)(2);

            (liii) With respect to any Mortgage Loan that pursuant to the
Mortgage Loan Documents can be defeased, (A) the Mortgage Loan cannot be
defeased within two years after the Closing Date, (B) the borrower can pledge
only United States government securities in an amount sufficient to make all
scheduled payments under the Mortgage Loan when due, (C) the borrower is
required to provide independent certified public accountant's certification that
the collateral is sufficient to make such payments, (D) the loan may be required
to be assumed by a single-purpose entity designated by the holder of the
Mortgage Loan, (E) the borrower is required to provide an opinion of counsel
that the trustee has a perfected security interest in such collateral prior to
any other claim or interest, (F) the borrower is required to pay all Rating
Agency fees associated with defeasance (if rating confirmation is a specific
condition precedent thereto) and all other reasonable expenses associated with
defeasance, including, but not limited to, accountant's fees and opinions of
counsel, (G) with respect to any Significant Loan (as defined in the Pooling and
Servicing Agreement), the borrower is required to provide an opinion of counsel
that such defeasance will not cause any REMIC created under the Pooling and
Servicing Agreement to fail to qualify as a REMIC for federal or applicable
state tax purposes and (H) with respect to any Significant Loan (as defined in
the Pooling and Servicing Agreement), the borrower must obtain confirmation from
each Rating Agency that the defeasance would not result in such Rating Agency's
withdrawal, downgrade or qualification of the then current rating of any class
of Certificates rated by such Rating Agency;

            (liv) The Mortgage Loan Documents for each Mortgage Loan provide
that the related borrower thereunder shall be liable to the lender for any
losses incurred by the lender due to (A) the misapplication or misappropriation
of rents, insurance proceeds or condemnation awards, (B) any willful act of
material waste, (C) any breach of the environmental covenants contained in the
related Mortgage Loan Documents, and (D) fraud by the related borrower; provided
that, with respect to clause (C) of this sentence, an indemnification against
losses related to such violations or environmental insurance shall satisfy such
requirement; and provided, further, that, if the related Mortgaged Property is a
residential cooperative property, then the subject Mortgage Loan is fully
recourse to the borrower;

            (lv) If such Mortgage Loan is an ARD Loan, it commenced amortizing
on its initial scheduled Due Date and provides that: (A) its Mortgage Rate will
increase by no less than two percentage points in connection with the passage of
its Anticipated Repayment Date and so long as the Mortgage Loan is an asset of
the Trust Fund; (B) its Anticipated Repayment Date is not less than seven years
following the origination of such Mortgage Loan; (C) no later than the related
Anticipated Repayment Date, if it has not previously done so, the related
borrower is required to enter into a "lockbox agreement" whereby all revenue
from the related Mortgaged Property shall be deposited directly into a
designated account controlled by the applicable Master Servicer; and (D) any
cash flow from the related Mortgaged Property that is applied to amortize such
Mortgage Loan following its Anticipated Repayment Date shall, to the extent such
net cash flow is in excess of the Monthly Payment payable therefrom, be net of
budgeted and discretionary (servicer approved) capital expenditures;

            (lvi) Except as disclosed in the Prospectus Supplement, no Mortgage
Loan, and no group of Mortgage Loans made to the same borrower and to borrowers
that are Affiliates, accounted for more than 5.0% of the aggregate of the
Cut-off Date Principal Balances of all of the mortgage loans (including the
Mortgage Loans) sold to Depositor by Column Financial, Inc., GMAC Commercial
Mortgage Corporation and General Electric Capital Corporation pursuant to those
certain Mortgage Loan Purchase Agreements, each dated as of November 1, 2005,
between Depositor and Column Financial, Inc., GMAC Commercial Mortgage
Corporation and General Electric Capital Corporation, respectively, as of the
Cut-off Date;

            (lvii) Except for the Mortgage Loans with an initial principal
balance less than $3,000,000, in connection with its origination or acquisition
of each Mortgage Loan, Seller obtained an appraisal of the related Mortgaged
Property, which appraisal is signed by an appraiser, who, to Seller's actual
knowledge, had no interest, direct or indirect, in the borrower, the Mortgaged
Property or in any loan made on the security of the Mortgaged Property, and
whose compensation was not affected by the approval or disapproval of the
Mortgage Loan; and

            (lviii) Each Mortgage Loan bears interest at a rate that remains
fixed throughout the remaining term of such Mortgage Loan, except in the case of
an ARD Loan after its Anticipated Repayment Date and except for the imposition
of a default rate.

<PAGE>

                                                                       EXHIBIT B

                             AFFIDAVIT OF LOST NOTE

STATE OF NEW YORK       )

                        ) ss.:

COUNTY OF NEW YORK      )

            ____________________________, being duly sworn, deposes and says:

            1. that he is an authorized signatory of General Electric Capital
Corporation. ("GECC");

            2. that _______________ is the owner and holder of a mortgage loan
in the original principal amount of $______________ secured by a mortgage (the
"Mortgage") on the premises known as ______________ ______________ located in
_____________________;

            3. that _______________, after having conducted a diligent
investigation of its records and files, has been unable to locate the following
original note and believes that said original note has been lost, misfiled,
misplaced or destroyed due to a clerical error:

            a  note  in  the   original   sum  of   $______________   made  by
            ______________,  to _______________,  under date of ______________
            (the "Note");

            4. that the Note is now owned and held by _______________;

            5. that the copy of the Note attached hereto is a true and correct
copy thereof;

            6. that the Note has not been paid off, satisfied, assigned,
transferred, encumbered, endorsed, pledged, hypothecated, or otherwise disposed
of and that the original Note has been either lost, misfiled, misplaced or
destroyed;

            7. that no other person, firm, corporation or other entity has any
right, title, interest or claim in the Note except _______________; and

            8. upon assignment of the Note by _______________ to Credit Suisse
First Boston Mortgage Securities Corp. (the "Depositor") and subsequent
assignment by Depositor to the trustee for the benefit of the holders of the
Credit Suisse First Boston Mortgage Securities Corp. Commercial Mortgage
Pass-Through Certificates, Series 2005-C5 (the "Trustee") (which assignment may,
at the discretion of Depositor, be made directly by _______________ to the
Trustee), _______________ covenants and agrees (a) promptly to deliver to the
Trustee the original Note if it is subsequently found, and (b) to indemnify and
hold harmless the Trustee and its successors and assigns from and against any
and all costs, expenses and monetary losses arising as a result of
_______________'s failure to deliver said original Note to the Trustee.

                                       GENERAL ELECTRIC CAPITAL CORPORATION

                                       By:____________________________________
                                          Name:
                                          Title:

Sworn to before me this _____
day of __________, 2005

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