Document:

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                                                                     Exhibit 4.2

                                                                  EXECUTION COPY

              CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP.
                                   (Depositor)

                                       and

                             COLUMN FINANCIAL, INC.
                                    (Seller)

                                   ----------

                        MORTGAGE LOAN PURCHASE AGREEMENT

                            Dated as of May 18, 2005

                                   ----------

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                               TABLE OF CONTENTS

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

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

Exhibit A        Representations and Warranties Regarding the Mortgage Loans
Exhibit B        Form of Lost Note Affidavit
</Table>

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                        MORTGAGE LOAN PURCHASE AGREEMENT

          This Mortgage Loan Purchase Agreement (this "AGREEMENT"), dated as of
May 18, 2005, is made by and between COLUMN FINANCIAL, INC., 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, in the Pooling and Servicing Agreement specified on such
Schedule of Transaction Terms.

          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 written receipt, pursuant to an arrangement between
Seller and the Trustee; PROVIDED, HOWEVER, that ITEM (xvi) 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; and PROVIDED, FURTHER, that Seller
shall pay (or cause the related Borrower to pay) any costs of the assignment or
amendment of each letter of credit described under said ITEM (xvi) required in
order for the Trustee to draw on such letter of credit pursuant to the terms of
the Pooling and Servicing Agreement and shall deliver the related assignment or
amendment documents within thirty (30) days after the Closing Date. In addition,
prior to such assignment or amendment of a letter of credit, Seller will take
all necessary steps to enable the applicable Master Servicer to draw on the
related letter of credit on behalf of the Trustee pursuant to the terms of the
Pooling and Servicing Agreement, including, if necessary, drawing on the letter
of credit in its own name pursuant to written instructions to draw from the
applicable Master Servicer and upon receipt, immediately remitting the proceeds
of such draw (or causing such proceeds to be remitted) to the applicable Master
Servicer.

          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

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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 Sidley Austin Brown & Wood
LLP, 787 Seventh Avenue, New York, New York 10019, 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 payable in accordance with instructions previously
     provided to Depositor by Seller. 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. The "MORTGAGE LOAN PURCHASE PRICE" shall be the price
     mutually agreed upon as such in writing between Depositor and Seller.

          (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 prepayment premiums received on or with
respect to the Mortgage Loans after the Cut-off Date, other than any such
payments of interest or principal or prepayment premiums 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:

          (i)     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

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     and a true and complete copy of the Note), bearing, or accompanied by, all
     prior and intervening endorsements or assignments 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-C2, without recourse, representation or warranty, express or
     implied";

          (ii)    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, certified
     copies or 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;

          (iii)   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-C2";

          (iv)    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;

          (v)     an original assignment of any related Assignment of Leases (if
     such item is a document separate from 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-C2";

          (vi)    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;

          (vii)   an original assignment of any related Security Agreement (if
     such item is a document separate from the Mortgage), 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-C2," which assignment may be included as part of an

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     omnibus assignment covering other documents relating to the Mortgage Loan
     (PROVIDED that such omnibus assignment is effective under applicable law);

          (viii)  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;

          (ix)    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;

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

          (xi)    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;

          (xii)   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;

          (xiii)  with respect to any debt of a Borrower or mezzanine 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);

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          (xiv)   with respect to any Cash Collateral Accounts and Lock-Box
     Accounts, an original or copy of any related account control agreement and
     a copy of the UCC Financing Statements, if any, submitted for filing with
     respect to Seller's security interest in the Cash Collateral Accounts and
     Lock-Box Accounts and all funds contained therein (together with UCC
     Financing Statement assignments in a form suitable for filing or recording,
     sufficient to transfer such security interest to the Trustee on behalf of
     the Certificateholders);

          (xv)    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);

          (xvi)   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;

          (xvii)  any  related  environmental  insurance  policy  and  any
     environmental guarantee or indemnity agreement or copies thereof;

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

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

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

          (xxi)   a checklist of the documents included in the subject Mortgage
     File.

          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 (ii), (iv), (viii),
(xi) (other than assignments of UCC Financing Statements to be recorded or filed
in accordance with the transfer contemplated by this Agreement) and (xii) of the
last sentence of the first paragraph of this SECTION 3, 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, 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

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evidence of recording or filing thereon, within 120 days after 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 recording or filing 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 (ii), (iv), (viii),
(xi) (other than assignments of UCC Financing Statements to be recorded or filed
in accordance with the transfer contemplated by this Agreement) and (xii) of the
last sentence of the first paragraph of this SECTION 3, 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 or its
designee 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 or its designee 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 or its designee 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 (iii), (v) and
(xi) of the last sentence of the first paragraph of this SECTION 3
(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 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.

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          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, financial statements, operating
statements and any other information provided by the respective Borrower from
time to time, but excluding any documents and other writings not enumerated in
this parenthetical that have been prepared by Seller or any of its Affiliates
solely for internal credit analysis or other internal uses or any
attorney-client privileged communication) 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.

          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). In addition, Seller shall, as to
each Mortgage Loan that is secured by the interest of the related Borrower under
a ground lease, promptly (and in any event within 45 days of the Closing Date)
notify the related ground lessor of the transfer of such Mortgage Loan to the
Trust pursuant to the Pooling and Servicing Agreement and inform such ground
lessor that any notices of default under the related ground lease should
thereafter be forwarded to the Master Servicer.

          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

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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 documents
prepared by Seller or any of its Affiliates solely for internal credit analysis
or other internal uses or any attorney-client privileged communication, 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). 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:

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          (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 and
the Special Servicer in connection with any additional powers or revisions
thereto that are requested by such parties.

          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.

                                        9
<Page>

          (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,
     investigation, 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 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

                                       10
<Page>

     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.

          (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

                                       11
<Page>

     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 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.

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<Page>

          (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 (subject to the
exceptions to such representations and warranties set forth in the Exception
Report), as of the date hereof in SECTION 6(a)(xii) or as of the Closing Date
pursuant to SECTION 4(b)(iii) or, in the case of 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 any Mortgage Loan or any successor REO Loan with respect thereto or the
interests of the Holders of any Class of Certificates (in which case such Breach
or Defect shall be a "MATERIAL BREACH" or a "MATERIAL DEFECT," as applicable),
then 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

                                       13
<Page>

request (subject to the second succeeding paragraph, the "INITIAL RESOLUTION
PERIOD"): (i) cure such Breach or Defect 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 in
no event shall any substitution be permitted for the Tri-County Mall Loan) 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
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. 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
such Qualified Substitute Mortgage Loan(s) during or prior to 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

                                       14
<Page>

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 (ix) of the last
sentence of the first paragraph of SECTION 3 hereof; (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
Servicer File of any required original letter of credit, 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. In addition, Seller shall cure
any Defect described in CLAUSE (b), (c), (e) or (f) of the immediately preceding
sentence as required in Section 2.02(b) of the Pooling and Servicing Agreement.
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 such other Crossed Mortgage Loans satisfy the Crossed
Mortgage Loan Repurchase Criteria (as defined in the Pooling and Servicing
Agreement) and Seller can satisfy

                                       15
<Page>

all other criteria for substitution or repurchase of the affected Mortgage
Loan(s) set forth in the Pooling and Servicing Agreement. 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 Mortgage Loan if the affected
Mortgaged Property may be released pursuant to the terms of any partial release
provisions in the related Mortgage Loan Documents and the remaining Mortgaged
Property(ies) satisfy 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, receipt of the Mortgage File(s) for the related Qualified
Substitute Mortgage Loans(s)), shall promptly release the related Mortgage File
and Servicer File or cause them to be released, to Seller and shall execute and
deliver such instruments of transfer 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.

          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

                                       16
<Page>

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. 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
Seller of the parenthetical in representation (xxviii)(1) set forth on Exhibit A
hereto. 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 Seller of representation (liii)(F) set forth on Exhibit A hereto.

          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,

                                       17
<Page>

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.

                                       18
<Page>

          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 transmitted via facsimile 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,
Facsimile No.: (212) 743-4756 (with a copy to Casey McCutcheon, Esq., Legal &
Compliance Department, Facsimile No.: (917) 326-8433), or such other address or
facsimile number as may be designated by Depositor to Seller in writing, or (b)
if sent to Seller, will be mailed, delivered or transmitted via facsimile and
confirmed to it at 3414 Peachtree Road, N.E., Suite 1140, Atlanta, Georgia
30326, Attention: Robert Barnes, Facsimile No.: (404) 239-0419, or such other
address or facsimile 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, permitted assigns and legal representatives, 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 Persons and for the benefit of no other Person; it being
understood that (a) the indemnities of Seller contained in that certain
Indemnification Agreement dated May 18, 2005, among Seller, Depositor, the
Initial Purchaser and the Underwriters, relating to, among other things,
information regarding the Mortgage Loans in the Prospectus Supplement and the
Offering Circular, subject to all limitations therein contained, shall also be
for the benefit of the officers and directors of Depositor, the Underwriters and
the Initial Purchaser and any person or persons who control Depositor, the
Underwriters and the Initial Purchaser within the meaning of Section 15 of the
Securities Act or Section 20 of the Securities Exchange Act of 1934, as amended,
and (b) 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. TO THE FULLEST EXTENT PERMITTED UNDER
APPLICABLE LAW, SELLER AND

                                       19
<Page>

DEPOSITOR EACH HEREBY IRREVOCABLY (I) SUBMITS TO THE JURISDICTION OF ANY NEW
YORK STATE AND FEDERAL COURTS SITTING IN NEW YORK CITY WITH RESPECT TO MATTERS
ARISING OUT OF OR RELATING TO THIS AGREEMENT; (II) AGREES THAT ALL CLAIMS WITH
RESPECT TO SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW
YORK STATE OR FEDERAL COURTS; (III) WAIVES, TO THE FULLEST POSSIBLE EXTENT, THE
DEFENSE OF AN INCONVENIENT FORUM; AND (IV) AGREES THAT A FINAL JUDGMENT IN ANY
SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER
JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW.

          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,

                                       20
<Page>

     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, financial 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.

                                     * * *

                                       21
<Page>

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

                              COLUMN FINANCIAL, INC.,
                              as Seller

                              By: /s/ Jeffrey A. Altabef
                                  -----------------------------------------
                                  Name: Jeffrey A. Altabef
                                  Title: Vice President

                              CREDIT SUISSE FIRST BOSTON
                              MORTGAGE SECURITIES CORP.,
                              as Depositor

                              By: /s/ Jeffrey A. Altabef
                                  -----------------------------------------
                                  Name: Jeffrey A. Altabef
                                  Title: Vice President

<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
May 18, 2005, between Column Financial, Inc. and Credit Suisse First Boston
Mortgage Securities Corp. 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 May 18, 2005, between Depositor and the Initial Purchaser.

          "CERTIFICATES"  means the Credit  Suisse First Boston  Mortgage
Securities  Corp.,  Commercial  Mortgage Pass-Through Certificates, Series
2005-C2.

          "CLOSING" shall have the meaning given that term in SECTION 2 of this
Agreement.

          "CLOSING DATE" means May 26, 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 May 2005.

          "DEFECT" shall have the meaning given such term in SECTION 7 of this
Agreement.

          "DEPOSITOR" shall have the meaning given such term in the first
sentence of this Agreement.

                                    Sch. I-1
<Page>

          "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 May
18, 2005, describing certain classes of the Private Certificates.

                                    Sch. I-2
<Page>

          "POOLING AND SERVICING AGREEMENT" means the Pooling and Servicing
Agreement creating the Trust Fund and the interests therein, dated as of May 1,
2005, among Depositor, the Master Servicer, the Special Servicer 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 February 18, 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 May 18,
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-4, Class A-1-A, Class A-MFL, Class A-MFX, Class A-J,
Class B, Class C and Class D Certificates.

          "SELLER" shall have the meaning given such term in the first sentence
of this Agreement.

          "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 (subject to the first proviso in Section 1).

          "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, KeyBanc Capital
Markets, a division of McDonald Investments Inc., Greenwich Capital Markets,
Inc. and Wachovia Capital Markets, LLC.

          "UNDERWRITING AGREEMENT" means the Underwriting Agreement, dated May
18, 2005, between Depositor and the Underwriters.

                                    Sch. I-3
<Page>

                                                                     SCHEDULE II

                             MORTGAGE LOAN SCHEDULE

                              Please see attached.

                                    Sch. II-1

<Page>

CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP.
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2005-C2

<Table>
<Caption>
  #   CROSSED                 PROPERTY NAME                                     ADDRESS
------------------------------------------------------------------------------------------------------------
<S>     <C>    <C>                                         <C>
 1             Tri-County Mall                             11700 Princeton Pike
 2             390 Park Avenue                             390 Park Avenue
 3             Washington Mutual Irvine Campus             17838 and 17872 Gillette Avenue and 17875 and
                                                            17877 Von Karman Avenue
 4      A      SP - 414 North Orleans                      414 North Orleans Street
 5      A      SP - 820 North Orleans                      820 North Orleans Street
 6      A      SP - 350 North LaSalle                      350 North LaSalle Street
 7      A      SP - 311 West Superior                      311 West Superior Street
 8      A      SP - 400 West Erie                          400 West Erie Street
 9      A      SP - 750 North Orleans                      750 North Orleans Street
10             65 Broadway                                 65 Broadway
11             Penn's Landing Hyatt Regency                201 South Columbus Boulevard
12      B      Yorktown Apartments                         2530 Yorktown Street
13      B      Bluffs of Berkshire Apartments              1704 Nelms Drive
14             Indigo on Forest Apartments                 9669 Forest Lane
15             The Reserve at Park Central                 12009 Coit Road
16             Manhattan Town Center                       100 Manhattan Town Center
17      C      Bexley at Lake Norman                       20705 Sterling Bay Lane East
18      C      Addison Kings Crossing V                    10002 Castile Court
19      D      Newport Apartments                          10802 West Hillsborough Avenue
20      D      Sunchase Apartments                         5909 30th Avenue West
21      D      Benchmark Apartments                        3424 West Country Club Drive
24             Rhodes Ranch Town Center                    7345-7445 South Durango Road
25             Southlake Pavilion I & II                   1956-1994 Mount Zion Road
26             6200 Gessner Apartments                     8721 Town Park Drive
27             Hartford Place Apartments                   500 Northside Circle Northwest
28             The Oaks of Woodforest Apartments           250 Uvalde Road
29             152 Madison Avenue                          152 Madison Avenue
30             Royal Pointe Apartments                     1749 Lacrosse Drive
32             Timberlakes at Atascocita                   18551 Timber Forest Drive
33             Carousel Hotel                              11700 Coastal Highway
34             42 Magnolia Apartments                      5150 Forest Drive
35             Office Depot Shopping Center                101-123, 131 and 143 Bowie Road, 15004, 15006
                                                             and 15101 Baltimore Avenue and 820 2nd Street
</Table>

                                    Sch. II-2

<Page>

<Table>
<Caption>
                                                                                        ZIP    MORTGAGE   NET MORTGAGE    ORIGINAL
  #   CROSSED                 PROPERTY NAME                       CITY          STATE  CODE      RATE         RATE        BALANCE
------------------------------------------------------------------------------------------------------------------------------------
<S>      <C>    <C>                                        <C>                    <C>  <C>      <C>         <C>        <C>
 1              Tri-County Mall                            Cincinnati             OH   45246    5.4625%     5.44111%   $ 149,000,000
 2              390 Park Avenue                            New York               NY   10022    5.2693%     5.24792%   $ 110,000,000
 3              Washington Mutual Irvine Campus            Irvine                 CA   92614    5.0660%     5.04465%   $ 106,000,000
 4       A      SP - 414 North Orleans                     Chicago                IL   60610    5.4300%     5.40865%   $  23,130,000
 5       A      SP - 820 North Orleans                     Chicago                IL   60610    5.4300%     5.40865%   $  18,200,000
 6       A      SP - 350 North LaSalle                     Chicago                IL   60610    5.4300%     5.40865%   $  17,250,000
 7       A      SP - 311 West Superior                     Chicago                IL   60610    5.4300%     5.40865%   $   9,915,000
 8       A      SP - 400 West Erie                         Chicago                IL   60610    5.4300%     5.40865%   $   9,535,000
 9       A      SP - 750 North Orleans                     Chicago                IL   60610    5.4300%     5.40865%   $   7,670,000
10              65 Broadway                                New York               NY   10006    5.6200%     5.59865%   $  75,000,000
11              Penn's Landing Hyatt Regency               Philadelphia           PA   19106    5.7500%     5.72865%   $  45,000,000
12       B      Yorktown Apartments                        Houston                TX   77056    5.3730%     5.35165%   $  29,100,000
13       B      Bluffs of Berkshire Apartments             Austin                 TX   78744    5.3730%     5.35165%   $  14,560,000
14              Indigo on Forest Apartments                Dallas                 TX   75243    5.2640%     5.24265%   $  37,000,000
15              The Reserve at Park Central                Dallas                 TX   75251    5.1200%     5.07865%   $  35,000,000
16              Manhattan Town Center                      Manhattan              KS   66502    5.4900%     5.46865%   $  33,000,000
17       C      Bexley at Lake Norman                      Cornelius              NC   28031    5.2800%     5.25865%   $  16,250,000
18       C      Addison Kings Crossing V                   Richmond               VA   23238    5.2800%     5.25865%   $  13,800,000
19       D      Newport Apartments                         Tampa                  FL   33615    5.3450%     5.32365%   $  12,850,000
20       D      Sunchase Apartments                        Bradenton              FL   34209    5.3450%     5.32365%   $   8,560,000
21       D      Benchmark Apartments                       Irving                 TX   75038    5.3450%     5.32365%   $   8,400,000
24              Rhodes Ranch Town Center                   Las Vegas              NV   89113    5.3700%     5.34865%   $  21,500,000
25              Southlake Pavilion I & II                  Morrow                 GA   30260    5.4900%     5.46865%   $  19,950,000
26              6200 Gessner Apartments                    Houston                TX   77036    5.3450%     5.32365%   $  18,250,000
27              Hartford Place Apartments                  Atlanta                GA   30309    5.3700%     5.34865%   $  18,275,000
28              The Oaks of Woodforest Apartments          Houston                TX   77015    5.5600%     5.53865%   $  17,800,000
29              152 Madison Avenue                         New York               NY   10016    5.4500%     5.42865%   $  16,100,000
30              Royal Pointe Apartments                    Virginia Beach         VA   23464    5.1800%     5.15865%   $  15,600,000
32              Timberlakes at Atascocita                  Humble                 TX   77346    5.1300%     5.10865%   $  14,800,000
33              Carousel Hotel                             Ocean City             MD   21842    5.9000%     5.87865%   $  14,250,000
34              42 Magnolia Apartments                     Columbia               SC   29602    4.9900%     4.96865%   $  13,700,000
35              Office Depot Shopping Center               Laurel                 MD   20707    5.3900%     5.30865%   $  13,600,000

<Caption>
                                                                                REM.                                  ORIG
                                                                 CUT-OFF      TERM TO     MATURITY                    AMORT.
  #   CROSSED                 PROPERTY NAME                      BALANCE      MATURITY      DATE          ARD         TERM
-------------------------------------------------------------------------------------------------------------------------------
<S>      <C>    <C>                                           <C>                <C>     <C>           <C>        <C>
 1              Tri-County Mall                               $ 149,000,000      117      2/11/2015          N/A       360
 2              390 Park Avenue                               $ 110,000,000      118      3/11/2015          N/A       360
 3              Washington Mutual Irvine Campus               $ 106,000,000      79      12/11/2011          N/A  Interest Only
 4       A      SP - 414 North Orleans                        $  23,130,000      118      3/11/2015          N/A       360
 5       A      SP - 820 North Orleans                        $  18,200,000      118      3/11/2015          N/A       360
 6       A      SP - 350 North LaSalle                        $  17,250,000      118      3/11/2015          N/A       360
 7       A      SP - 311 West Superior                        $   9,915,000      118      3/11/2015          N/A       360
 8       A      SP - 400 West Erie                            $   9,535,000      118      3/11/2015          N/A       360
 9       A      SP - 750 North Orleans                        $   7,670,000      118      3/11/2015          N/A       360
10              65 Broadway                                   $  75,000,000      117      2/11/2015          N/A       348
11              Penn's Landing Hyatt Regency                  $  45,000,000      60       5/11/2010          N/A       300
12       B      Yorktown Apartments                           $  29,100,000      115     12/11/2014          N/A       360
13       B      Bluffs of Berkshire Apartments                $  14,560,000      115     12/11/2014          N/A       360
14              Indigo on Forest Apartments                   $  37,000,000      79      12/11/2011          N/A       360
15              The Reserve at Park Central                   $  35,000,000      117      2/11/2015          N/A       360
16              Manhattan Town Center                         $  32,932,513      118      3/11/2035    3/11/2015       360
17       C      Bexley at Lake Norman                         $  16,250,000      57       2/11/2010          N/A  Interest Only
18       C      Addison Kings Crossing V                      $  13,800,000      57       2/11/2010          N/A  Interest Only
19       D      Newport Apartments                            $  12,850,000      103     12/11/2013          N/A       360
20       D      Sunchase Apartments                           $   8,560,000      103     12/11/2013          N/A       360
21       D      Benchmark Apartments                          $   8,400,000      103     12/11/2013          N/A       360
24              Rhodes Ranch Town Center                      $  21,500,000      118      3/11/2015          N/A       360
25              Southlake Pavilion I & II                     $  19,950,000      117      2/11/2015          N/A       360
26              6200 Gessner Apartments                       $  18,250,000      103     12/11/2013          N/A       360
27              Hartford Place Apartments                     $  18,192,458      116      1/11/2015          N/A       360
28              The Oaks of Woodforest Apartments             $  17,722,405      116      1/11/2015          N/A       360
29              152 Madison Avenue                            $  16,100,000      116      1/11/2015          N/A       324
30              Royal Pointe Apartments                       $  15,600,000      116      1/11/2015          N/A       360
32              Timberlakes at Atascocita                     $  14,800,000      56       1/11/2010          N/A       360
33              Carousel Hotel                                $  14,184,673      57       2/11/2010          N/A       300
34              42 Magnolia Apartments                        $  13,700,000      117      2/11/2015          N/A       360
35              Office Depot Shopping Center                  $  13,538,802      117      2/11/2015          N/A       360

<Caption>
                                                                                            UNITS/
                                                                     REM.                  SQ. FT./
                                                                    AMORT.      MONTHLY     ROOMS/     INTEREST CALCULATION
  #   CROSSED                 PROPERTY NAME                         TERM        PAYMENT      PADS      (30/360 / ACTUAL/360)
----------------------------------------------------------------------------------------------------------------------------
<S>      <C>    <C>                                             <C>            <C>         <C>              <C>
 1              Tri-County Mall                                      360       $ 826,501   1,108,087        Actual/360
 2              390 Park Avenue                                      360       $ 602,635     234,240        Actual/360
 3              Washington Mutual Irvine Campus                 Interest Only  $ 453,712     414,597        Actual/360
 4       A      SP - 414 North Orleans                               360       $ 130,316     176,042        Actual/360
 5       A      SP - 820 North Orleans                               360       $ 102,540     152,569        Actual/360
 6       A      SP - 350 North LaSalle                               360       $  97,187     121,153        Actual/360
 7       A      SP - 311 West Superior                               360       $  55,862      84,429        Actual/360
 8       A      SP - 400 West Erie                                   360       $  53,721      69,690        Actual/360
 9       A      SP - 750 North Orleans                               360       $  43,213      72,146        Actual/360
10              65 Broadway                                          348       $ 437,267     342,278        Actual/360
11              Penn's Landing Hyatt Regency                         300       $ 283,098         346        Actual/360
12       B      Yorktown Apartments                                  360       $ 162,915         565        Actual/360
13       B      Bluffs of Berkshire Apartments                       360       $  81,514         382        Actual/360
14              Indigo on Forest Apartments                          360       $ 204,636       1,217        Actual/360
15              The Reserve at Park Central                          360       $ 190,463         490        Actual/360
16              Manhattan Town Center                                358       $ 187,163     320,832        Actual/360
17       C      Bexley at Lake Norman                           Interest Only  $  72,493         280        Actual/360
18       C      Addison Kings Crossing V                        Interest Only  $  61,563         168        Actual/360
19       D      Newport Apartments                                   360       $  71,716         320        Actual/360
20       D      Sunchase Apartments                                  360       $  47,774         168        Actual/360
21       D      Benchmark Apartments                                 360       $  46,881         250        Actual/360
24              Rhodes Ranch Town Center                             360       $ 120,327      70,634        Actual/360
25              Southlake Pavilion I & II                            360       $ 113,149     218,130        Actual/360
26              6200 Gessner Apartments                              360       $ 101,854         658        Actual/360
27              Hartford Place Apartments                            356       $ 102,278         351        Actual/360
28              The Oaks of Woodforest Apartments                    356       $ 101,738         536        Actual/360
29              152 Madison Avenue                                   324       $  95,005      94,985        Actual/360
30              Royal Pointe Apartments                              360       $  85,469         208        Actual/360
32              Timberlakes at Atascocita                            360       $  80,630         312        Actual/360
33              Carousel Hotel                                       297       $  90,944         259        Actual/360
34              42 Magnolia Apartments                               360       $  73,461         196        Actual/360
35              Office Depot Shopping Center                         356       $  76,283     107,252        Actual/360
</Table>

                                    Sch. II-3

<Page>

<Table>
<Caption>
                                                             ADMINISTRATION                                       EARTHQUAKE
  #   CROSSED                 PROPERTY NAME                       FEES        DUE DATE   ARD (Y/N)   DEFEASANCE    INSURANCE
----------------------------------------------------------------------------------------------------------------------------
<S>      <C>    <C>                                             <C>              <C>        <C>          <C>          <C>
 1              Tri-County Mall                                 0.02135%         11          No          Yes          N/A
 2              390 Park Avenue                                 0.02135%         11          No          Yes          N/A
 3              Washington Mutual Irvine Campus                 0.02135%         11          No           No          Yes
 4       A      SP - 414 North Orleans                          0.02135%         11          No          Yes          N/A
 5       A      SP - 820 North Orleans                          0.02135%         11          No          Yes          N/A
 6       A      SP - 350 North LaSalle                          0.02135%         11          No          Yes          N/A
 7       A      SP - 311 West Superior                          0.02135%         11          No          Yes          N/A
 8       A      SP - 400 West Erie                              0.02135%         11          No          Yes          N/A
 9       A      SP - 750 North Orleans                          0.02135%         11          No          Yes          N/A
10              65 Broadway                                     0.02135%         11          No          Yes          N/A
11              Penn's Landing Hyatt Regency                    0.02135%         11          No          Yes          N/A
12       B      Yorktown Apartments                             0.02135%         11          No          Yes          N/A
13       B      Bluffs of Berkshire Apartments                  0.02135%         11          No          Yes          N/A
14              Indigo on Forest Apartments                     0.02135%         11          No          Yes          N/A
15              The Reserve at Park Central                     0.04135%         11          No          Yes          N/A
16              Manhattan Town Center                           0.02135%         11         Yes          Yes          N/A
17       C      Bexley at Lake Norman                           0.02135%         11          No          Yes          N/A
18       C      Addison Kings Crossing V                        0.02135%         11          No          Yes          N/A
19       D      Newport Apartments                              0.02135%         11          No          Yes          N/A
20       D      Sunchase Apartments                             0.02135%         11          No          Yes          N/A
21       D      Benchmark Apartments                            0.02135%         11          No          Yes          N/A
24              Rhodes Ranch Town Center                        0.02135%         11          No          Yes           No
25              Southlake Pavilion I & II                       0.02135%         11          No          Yes          N/A
26              6200 Gessner Apartments                         0.02135%         11          No          Yes          N/A
27              Hartford Place Apartments                       0.02135%         11          No          Yes          N/A
28              The Oaks of Woodforest Apartments               0.02135%         11          No          Yes          N/A
29              152 Madison Avenue                              0.02135%         11          No          Yes          N/A
30              Royal Pointe Apartments                         0.02135%         11          No          Yes          N/A
32              Timberlakes at Atascocita                       0.02135%         11          No          Yes          N/A
33              Carousel Hotel                                  0.02135%         11          No          Yes          N/A
34              42 Magnolia Apartments                          0.02135%         11          No          Yes          N/A
35              Office Depot Shopping Center                    0.08135%         11          No          Yes          N/A

<Caption>
                                                            ENVIRONMENTAL        FEE/         LETTER OF    LOAN GROUP
  #   CROSSED                 PROPERTY NAME                   INSURANCE       LEASEHOLD     CREDIT (Y/N)        #
---------------------------------------------------------------------------------------------------------------------
<S>      <C>    <C>                                               <C>       <C>                 <C>             <C>
 1              Tri-County Mall                                   No        Fee/Leasehold        No             1
 2              390 Park Avenue                                   No          Leasehold          No             1
 3              Washington Mutual Irvine Campus                   No             Fee             No             1
 4       A      SP - 414 North Orleans                            No             Fee             No             1
 5       A      SP - 820 North Orleans                            No             Fee             No             1
 6       A      SP - 350 North LaSalle                            No             Fee             No             1
 7       A      SP - 311 West Superior                            No             Fee             No             1
 8       A      SP - 400 West Erie                                No             Fee             No             1
 9       A      SP - 750 North Orleans                            No             Fee             No             1
10              65 Broadway                                       No             Fee             No             1
11              Penn's Landing Hyatt Regency                      No          Leasehold          No             1
12       B      Yorktown Apartments                               No             Fee             No             2
13       B      Bluffs of Berkshire Apartments                    No             Fee             No             2
14              Indigo on Forest Apartments                       No             Fee             No             2
15              The Reserve at Park Central                       No             Fee             No             2
16              Manhattan Town Center                             No          Leasehold          No             1
17       C      Bexley at Lake Norman                             No             Fee             No             2
18       C      Addison Kings Crossing V                          No             Fee             No             2
19       D      Newport Apartments                                No             Fee             No             2
20       D      Sunchase Apartments                               No             Fee             No             2
21       D      Benchmark Apartments                              No             Fee             No             2
24              Rhodes Ranch Town Center                          No             Fee             No             1
25              Southlake Pavilion I & II                         No             Fee             No             1
26              6200 Gessner Apartments                           No             Fee             No             2
27              Hartford Place Apartments                         No             Fee             No             2
28              The Oaks of Woodforest Apartments                 No             Fee             No             2
29              152 Madison Avenue                                No             Fee             No             1
30              Royal Pointe Apartments                           No             Fee             No             2
32              Timberlakes at Atascocita                         No             Fee             No             2
33              Carousel Hotel                                    No             Fee             No             1
34              42 Magnolia Apartments                            No             Fee             No             2
35              Office Depot Shopping Center                      No             Fee            Yes             1
</Table>

                                    Sch. II-4

<Page>

<Table>
<S>     <C>    <C>                                         <C>
36             Blackhawk Trails Apartments                 732 Bear Claw Way
37             Plaza Mayor                                 5001-5055 Pacific Coast Highway
39             6400 Goldsboro Road                         6400 Goldsboro Road
40             148 Madison Avenue                          148 Madison Avenue
41             Alexandria Power Center                     1804 MacArthur Drive
42             Frontier Plaza                              1921 North Carson Street
43             Union Woods                                 7090 Union Park Center
44             Foods Co.                                   1800 Folsom Street
45             The Reserve at Lakeshore                    5600 Lake Resort Terrace
46      E      Tri-Valley Plaza                            1355 East Florence Boulevard
47      E      Cottonwood Plaza                            1100 State Highway 260
48             First Place Office Building                 100 East Ferguson Street
49             Poway Plaza                                 13301-13397 Poway Road
50             Berkshire Crossing Apartments               7600 Kirby Drive
51             Courtyard by Marriott Reno                  6855 South Virginia Street
53             Greentree Village Apartments                6900 South 125th Street
54             Arrowhead Apartments/Bluffview Townhouses   3148 Maple Drive
55             Brittany Square Apartments                  4720 Reading Road
56             AMERICO - SCIENCE PLACE & STATE FARM
56a            Americo - Science Place                     1615 - 1701 Science Place
56b            Americo - State Farm Office                 3125 West Loop 820 South
57             Plymouth Industrial Center                  13101 Eckles Road
59             Meridian at Orange Retail                   655-691 South Main Street
60             Lofts at Canal Walk Phase I                 1900 East Cary Street
61             Southgate Estates MHP                       2402 22nd Street
63             Pershing Pointe                             4304-4306 Pershing Pointe Place
64             Providence Apartments                       11700 Audelia Road
65             RIYA HOSPITALITY PORTFOLIO I
65a            Riya Hospitality Hampton Inn Greenspoint    502 North Sam Houston Parkway
65b            Riya Hospitality Clarion                    500 North Sam Houston Parkway
66             Diagonal Marketplace                        989-1020, 1100 Ken Pratt Boulevard
68             Foley Towne Square                          3100-3210 Silver Lake Road
69             BROOKVIEW HOLDINGS PORTFOLIO
69a            Augusta Estates                             2526 Milledgeville Road
69b            Country Aire                                2212 West Georgia Road
69c            Moore Mobile Manor                          1600 Oakwood Drive
70             Courtyard by Marriott Monroe                4915 Pecanland Mall Drive
</Table>

                                    Sch. II-5

<Page>

<Table>
<S>     <C>    <C>                                           <C>                 <C>  <C>      <C>         <C>        <C>
36             Blackhawk Trails Apartments                   Madison             WI   53717    4.9500%     4.92865%   $  13,000,000
37             Plaza Mayor                                   Torrance            CA   90505    5.1600%     5.13865%   $  12,000,000
39             6400 Goldsboro Road                           Bethesda            MD   20817    5.3300%     5.30865%   $  11,100,000
40             148 Madison Avenue                            New York            NY   10016    5.4500%     5.42865%   $  11,000,000
41             Alexandria Power Center                       Alexandria          LA   71301    5.5600%     5.53865%   $  10,400,000
42             Frontier Plaza                                Carson City         NV   89701    5.6900%     5.66865%   $  10,000,000
43             Union Woods                                   Midvale             UT   84047    5.3800%     5.35865%   $  10,000,000
44             Foods Co.                                     San Francisco       CA   94103    5.4200%     5.39865%   $  10,000,000
45             The Reserve at Lakeshore                      Chattanooga         TN   37415    5.5000%     5.47865%   $   9,700,000
46      E      Tri-Valley Plaza                              Casa Grande         AZ   85222    5.4100%     5.38865%   $   5,000,000
47      E      Cottonwood Plaza                              Cottonwood          AZ   86326    5.4100%     5.38865%   $   4,500,000
48             First Place Office Building                   Tyler               TX   75702    5.4600%     5.43865%   $   9,400,000
49             Poway Plaza                                   Poway               CA   92064    5.4000%     5.37865%   $   9,000,000
50             Berkshire Crossing Apartments                 Houston             TX   77030    5.3450%     5.32365%   $   8,880,000
51             Courtyard by Marriott Reno                    Reno                NV   89511    6.2700%     6.24865%   $   8,700,000
53             Greentree Village Apartments                  Seattle             WA   98178    5.2800%     5.25865%   $   8,400,000
54             Arrowhead Apartments/Bluffview Townhouses     La Crosse           WI   54601    5.3700%     5.34865%   $   8,200,000
55             Brittany Square Apartments                    Rosenberg           TX   77471    5.4100%     5.38865%   $   8,100,000
56             AMERICO - SCIENCE PLACE & STATE FARM                                            5.5200%     5.43865%   $   7,962,000
56a            Americo - Science Place                       Rockwall            TX   75032
56b            Americo - State Farm Office                   Fort Worth          TX   76116
57             Plymouth Industrial Center                    Plymouth            MI   48170    6.0700%     6.00865%   $   8,000,000
59             Meridian at Orange Retail                     Orange              CA   92868    5.5000%     5.47865%   $   7,500,000
60             Lofts at Canal Walk Phase I                   Richmond            VA   23223    5.4000%     5.37865%   $   7,400,000
61             Southgate Estates MHP                         Bloomington         IL   61704    5.5300%     5.50865%   $   6,900,000
63             Pershing Pointe                               Orlando             FL   32822    5.1900%     5.16865%   $   6,600,000
64             Providence Apartments                         Dallas              TX   75243    5.2640%     5.24265%   $   6,400,000
65             RIYA HOSPITALITY PORTFOLIO I                                                    6.0950%     6.07365%   $   6,200,000
65a            Riya Hospitality Hampton Inn Greenspoint      Houston             TX   77060
65b            Riya Hospitality Clarion                      Houston             TX   77060
66             Diagonal Marketplace                          Longmont            CO   80501    5.2000%     5.17865%   $   6,100,000
68             Foley Towne Square                            Fenton              MI   48430    5.8400%     5.75865%   $   6,000,000
69             BROOKVIEW HOLDINGS PORTFOLIO                                                    5.9300%     5.90865%   $   5,750,000
69a            Augusta Estates                               Augusta             GA   30904
69b            Country Aire                                  Simpsonville        SC   29680
69c            Moore Mobile Manor                            West Columbia       SC   29169
70             Courtyard by Marriott Monroe                  Monroe              LA   71203    6.5200%     6.49865%   $   5,700,000

<Caption>
<S>     <C>    <C>                                            <C>                <C>     <C>                 <C>       <C>
36             Blackhawk Trails Apartments                    $  13,000,000      115     12/11/2014          N/A       360
37             Plaza Mayor                                    $  12,000,000      117      2/11/2015          N/A       360
39             6400 Goldsboro Road                            $  11,100,000      116      1/11/2015          N/A       360
40             148 Madison Avenue                             $  11,000,000      116      1/11/2015          N/A       324
41             Alexandria Power Center                        $  10,400,000      117      2/11/2015          N/A       336
42             Frontier Plaza                                 $  10,000,000      117      2/11/2015          N/A       360
43             Union Woods                                    $  10,000,000      117      2/11/2015          N/A       360
44             Foods Co.                                      $   9,964,987      118      3/11/2015          N/A       360
45             The Reserve at Lakeshore                       $   9,700,000      119      4/11/2015          N/A       360
46      E      Tri-Valley Plaza                               $   4,977,584      115     12/11/2014          N/A       360
47      E      Cottonwood Plaza                               $   4,479,826      115     12/11/2014          N/A       360
48             First Place Office Building                    $   9,358,250      117      2/11/2015          N/A       360
49             Poway Plaza                                    $   9,000,000      117      2/11/2015          N/A       360
50             Berkshire Crossing Apartments                  $   8,880,000      103     12/11/2013          N/A       360
51             Courtyard by Marriott Reno                     $   8,651,455      116      1/11/2015          N/A       300
53             Greentree Village Apartments                   $   8,400,000      118      3/11/2015          N/A       360
54             Arrowhead Apartments/Bluffview Townhouses      $   8,171,044      119      4/11/2015          N/A       360
55             Brittany Square Apartments                     $   8,063,687      116      1/11/2015          N/A       360
56             AMERICO - SCIENCE PLACE & STATE FARM           $   7,962,000      117      2/11/2015          N/A       360
56a            Americo - Science Place
56b            Americo - State Farm Office
57             Plymouth Industrial Center                     $   7,780,077      172      9/11/2019          N/A       180
59             Meridian at Orange Retail                      $   7,500,000      118      3/11/2015          N/A       360
60             Lofts at Canal Walk Phase I                    $   7,366,763      116      1/11/2015          N/A       360
61             Southgate Estates MHP                          $   6,863,182      115     12/11/2014          N/A       360
63             Pershing Pointe                                $   6,569,178      56       1/11/2010          N/A       360
64             Providence Apartments                          $   6,400,000      79      12/11/2011          N/A       360
65             RIYA HOSPITALITY PORTFOLIO I                   $   6,172,348      57       2/11/2010          N/A       300
65a            Riya Hospitality Hampton Inn Greenspoint
65b            Riya Hospitality Clarion
66             Diagonal Marketplace                           $   6,100,000      117      2/11/2015          N/A       360
68             Foley Towne Square                             $   5,969,900      115     12/11/2014          N/A       360
69             BROOKVIEW HOLDINGS PORTFOLIO                   $   5,726,622      116      1/11/2015          N/A       360
69a            Augusta Estates
69b            Country Aire
69c            Moore Mobile Manor
70             Courtyard by Marriott Monroe                   $   5,692,412      119      4/11/2015          N/A       300

<Caption>
<S>     <C>    <C>                                              <C>       <C>           <C>            <C>
36             Blackhawk Trails Apartments                      360       $  69,390         196        Actual/360
37             Plaza Mayor                                      360       $  65,597      79,000        Actual/360
39             6400 Goldsboro Road                              360       $  61,846      75,133        Actual/360
40             148 Madison Avenue                               324       $  64,910      75,200        Actual/360
41             Alexandria Power Center                          336       $  61,117     313,627        Actual/360
42             Frontier Plaza                                   360       $  57,977     109,075        Actual/360
43             Union Woods                                      360       $  56,028      89,728        Actual/360
44             Foods Co.                                        357       $  56,278      60,800        Actual/360
45             The Reserve at Lakeshore                         360       $  55,076         244        Actual/360
46      E      Tri-Valley Plaza                                 356       $  28,108     104,584        Actual/360
47      E      Cottonwood Plaza                                 356       $  25,297      75,086        Actual/360
48             First Place Office Building                      356       $  53,137     187,060        Actual/360
49             Poway Plaza                                      360       $  50,538      93,972        Actual/360
50             Berkshire Crossing Apartments                    360       $  49,560         240        Actual/360
51             Courtyard by Marriott Reno                       296       $  57,499         117        Actual/360
53             Greentree Village Apartments                     360       $  46,541         208        Actual/360
54             Arrowhead Apartments/Bluffview Townhouses        357       $  45,892         246        Actual/360
55             Brittany Square Apartments                       356       $  45,535         192        Actual/360
56             AMERICO - SCIENCE PLACE & STATE FARM             360       $  45,307                    ACTUAL/360
56a            Americo - Science Place                                                  100,000
56b            Americo - State Farm Office                                               31,792
57             Plymouth Industrial Center                       172       $  67,811     484,600        Actual/360
59             Meridian at Orange Retail                        360       $  42,584      18,861        Actual/360
60             Lofts at Canal Walk Phase I                      356       $  41,553          89        Actual/360
61             Southgate Estates MHP                            355       $  39,307         361        Actual/360
63             Pershing Pointe                                  356       $  36,201         144        Actual/360
64             Providence Apartments                            360       $  35,397         244        Actual/360
65             RIYA HOSPITALITY PORTFOLIO I                     297       $  40,308                    ACTUAL/360
65a            Riya Hospitality Hampton Inn Greenspoint                                     157
65b            Riya Hospitality Clarion                                                     220
66             Diagonal Marketplace                             360       $  33,496      36,111        Actual/360
68             Foley Towne Square                               355       $  35,358      42,449        Actual/360
69             BROOKVIEW HOLDINGS PORTFOLIO                     356       $  34,216                    ACTUAL/360
69a            Augusta Estates                                                              142
69b            Country Aire                                                                 105
69c            Moore Mobile Manor                                                           127
70             Courtyard by Marriott Monroe                     299       $  38,558          90        Actual/360
</Table>

                                    Sch. II-6

<Page>

<Table>
<S>     <C>    <C>                                                     <C>              <C>         <C>         <C>
36             Blackhawk Trails Apartments                             0.02135%         11          No          Yes
37             Plaza Mayor                                             0.02135%         11          No          Yes
39             6400 Goldsboro Road                                     0.02135%         11          No          Yes
40             148 Madison Avenue                                      0.02135%         11          No          Yes
41             Alexandria Power Center                                 0.02135%         11          No          Yes
42             Frontier Plaza                                          0.02135%         11          No          Yes
43             Union Woods                                             0.02135%         11          No          Yes
44             Foods Co.                                               0.02135%         11          No          Yes
45             The Reserve at Lakeshore                                0.02135%         11          No          Yes
46      E      Tri-Valley Plaza                                        0.02135%         11          No          Yes
47      E      Cottonwood Plaza                                        0.02135%         11          No          Yes
48             First Place Office Building                             0.02135%         11          No          Yes
49             Poway Plaza                                             0.02135%         11          No          Yes
50             Berkshire Crossing Apartments                           0.02135%         11          No          Yes
51             Courtyard by Marriott Reno                              0.02135%         11          No          Yes
53             Greentree Village Apartments                            0.02135%         11          No          Yes
54             Arrowhead Apartments/Bluffview Townhouses               0.02135%         11          No          Yes
55             Brittany Square Apartments                              0.02135%         11          No          Yes
56             AMERICO - SCIENCE PLACE & STATE FARM                    0.08135%         11          NO          YES
56a            Americo - Science Place
56b            Americo - State Farm Office
57             Plymouth Industrial Center                              0.06135%         11          No          Yes
59             Meridian at Orange Retail                               0.02135%         11          No          Yes
60             Lofts at Canal Walk Phase I                             0.02135%         11          No          Yes
61             Southgate Estates MHP                                   0.02135%         11          No          Yes
63             Pershing Pointe                                         0.02135%         11          No          Yes
64             Providence Apartments                                   0.02135%         11          No          Yes
65             RIYA HOSPITALITY PORTFOLIO I                            0.02135%         11          NO          YES
65a            Riya Hospitality Hampton Inn Greenspoint
65b            Riya Hospitality Clarion
66             Diagonal Marketplace                                    0.02135%         11          No          Yes
68             Foley Towne Square                                      0.08135%         11          No          Yes
69             BROOKVIEW HOLDINGS PORTFOLIO                            0.02135%         11          NO          YES
69a            Augusta Estates
69b            Country Aire
69c            Moore Mobile Manor
70             Courtyard by Marriott Monroe                            0.02135%         11          No          Yes

<Caption>
<S>     <C>    <C>                                              <C>            <C>            <C>             <C>            <C>
36             Blackhawk Trails Apartments                      N/A            No             Fee             No             2
37             Plaza Mayor                                       No            No             Fee             No             1
39             6400 Goldsboro Road                              N/A            No             Fee             No             1
40             148 Madison Avenue                               N/A            No             Fee             No             1
41             Alexandria Power Center                          N/A            No             Fee             No             1
42             Frontier Plaza                                   N/A            No             Fee             No             1
43             Union Woods                                       No            No             Fee             No             1
44             Foods Co.                                        Yes            No             Fee             No             1
45             The Reserve at Lakeshore                         N/A            No             Fee             No             2
46      E      Tri-Valley Plaza                                 N/A            No             Fee             No             1
47      E      Cottonwood Plaza                                 N/A            No             Fee             No             1
48             First Place Office Building                      N/A            No             Fee             No             1
49             Poway Plaza                                       No            No             Fee             No             1
50             Berkshire Crossing Apartments                    N/A            No             Fee             No             2
51             Courtyard by Marriott Reno                        No            No             Fee             No             1
53             Greentree Village Apartments                      No            No             Fee             No             2
54             Arrowhead Apartments/Bluffview Townhouses        N/A            No             Fee             No             2
55             Brittany Square Apartments                       N/A            No             Fee             No             2
56             AMERICO - SCIENCE PLACE & STATE FARM                                                           NO             1
56a            Americo - Science Place                          N/A            No             Fee                            1
56b            Americo - State Farm Office                      N/A            No             Fee                            1
57             Plymouth Industrial Center                       N/A            No             Fee             No             1
59             Meridian at Orange Retail                         No            No             Fee             No             1
60             Lofts at Canal Walk Phase I                      N/A            No             Fee             No             2
61             Southgate Estates MHP                            N/A            No             Fee             No             1
63             Pershing Pointe                                  N/A            No             Fee             No             2
64             Providence Apartments                            N/A            No             Fee             No             2
65             RIYA HOSPITALITY PORTFOLIO I                                                                   NO             1
65a            Riya Hospitality Hampton Inn Greenspoint         N/A            No             Fee                            1
65b            Riya Hospitality Clarion                         N/A            No             Fee                            1
66             Diagonal Marketplace                             N/A            No             Fee             No             1
68             Foley Towne Square                               N/A            No             Fee             No             1
69             BROOKVIEW HOLDINGS PORTFOLIO                                                                   NO             2
69a            Augusta Estates                                  N/A           Yes             Fee                            2
69b            Country Aire                                     N/A           Yes             Fee                            2
69c            Moore Mobile Manor                               N/A           Yes             Fee                            2
70             Courtyard by Marriott Monroe                     N/A            No             Fee             No             1
</Table>

                                    Sch. II-7

<Page>

<Table>
<S>            <C>                                         <C>
71             Upperclassman & Thorntree Apartments        1415 Fourth Avenue, 1614 Seventh Avenue, 1620
                                                            Seventh Avenue, 1624 Seventh Avenue, and 1925
                                                            Buffington Avenue
74             Lighthouse Square                           441 Long Hill Road
75             Courtyard by Marriott Shreveport            6001 Financial Plaza
76             Courtyard by Marriott Texarkana             5001 North Cowhorn Creek Loop
77             Jewelers Exchange                           861 6th Avenue
78             Palm Court Apartments                       1843 North Cherokee Avenue
79             1960 Gallows Road                           1960 Gallows Road
80             Reseda MHP                                  6545 Wilbur Avenue
82             Hemby Woods Shopping Center                 7822 Idlewild Road
83             CURTISS WRIGHT PORTFOLIO
83a            Curtiss Wright Building IV                  26451 Curtiss Wright Parkway
83b            Curtiss Wright Building III                 26391 Curtiss Wright Parkway
83c            Curtiss Wright Building II                  26361 Curtiss Wright Parkway
84             College Station                             101-102 College Station Drive
87             Sherwood MHP                                3753 East Avenue I
89             The Regent Apartments                       440 Northwest Elks Drive
90             3L Self Storage                             3333 Madison Pike
91             Fairfield Inn Scottsdale                    13440 North Scottsdale Road
92             Courtyard Garden Apartments                 9315 Koenig Circle
93             Pine Tree Village                           6080 Bethelview Road and 2350 Atlanta Highway
94             Residence Inn Shreveport Airport            4910 West Monkhouse Drive
95             Deerfield Crossing Apartments               1111 Deerfield Road
96             Mill Pond Apartments                        5310 West Keller Road
97             2775 Shermer                                2775 Shermer Road
98             Americana Estates MHP                       5407 Aloha Lane
99             River Rock Apartments                       1210-1240 Otis Street
100            East Pointe Village                         US Highway 421 at Winterlochen Drive
101            3400 Bissonnet Building                     3400 Bissonnet Street
102            Wood Forest                                 2614 University Drive
103            Islander MHP                                201 Madrona Way Northeast
104            Springhill Suites Inn Lawton                3 Southeast Interstate Drive
105            Preston Alpha Shopping Center               6075 Alpha Road and 13656 Preston Road
106            Lakefront II                                112-119 Lakefront Drive
107            4035 Premier Drive                          4035 Premier Drive
109            Mallard Landing Apartments                  1205 Lake Boulevard
110            Western View on the Hill Apartments         1355 Western Avenue (US-50)
111            Cypress Run Plaza                           13400 Benn's Church Boulevard
</Table>

                                    Sch. II-8

<Page>

<Table>
<S>            <C>                                         <C>                    <C>  <C>      <C>         <C>        <C>
71             Upperclassman & Thorntree Apartments        Huntington             WV   25703    5.7500%     5.72865%   $   5,662,500
74             Lighthouse Square                           Groton                 CT   06340    5.3900%     5.36865%   $   5,450,000
75             Courtyard by Marriott Shreveport            Shreveport             LA   71129    6.2700%     6.24865%   $   5,400,000
76             Courtyard by Marriott Texarkana             Texarkana              TX   75503    6.2700%     6.24865%   $   5,400,000
77             Jewelers Exchange                           San Diego              CA   92101    5.4100%     5.38865%   $   5,200,000
78             Palm Court Apartments                       Los Angeles            CA   90028    5.2900%     5.26865%   $   4,980,000
79             1960 Gallows Road                           Vienna                 VA   22182    5.5200%     5.49865%   $   5,000,000
80             Reseda MHP                                  Reseda                 CA   91335    4.8200%     4.79865%   $   5,000,000
82             Hemby Woods Shopping Center                 Indian Trail           NC   28079    5.7900%     5.76865%   $   4,950,000
83             CURTISS WRIGHT PORTFOLIO                                                         5.3600%     5.33865%   $   4,800,000
83a            Curtiss Wright Building IV                  Richmond Heights       OH   44143
83b            Curtiss Wright Building III                 Richmond Heights       OH   44143
83c            Curtiss Wright Building II                  Richmond Heights       OH   44143
84             College Station                             Brevard                NC   28712    5.8500%     5.82865%   $   4,800,000
87             Sherwood MHP                                Lancaster              CA   93535    5.2700%     5.24865%   $   4,600,000
89             The Regent Apartments                       Corvallis              OR   97330    5.8800%     5.85865%   $   4,500,000
90             3L Self Storage                             Fort Wright            KY   41017    5.7000%     5.67865%   $   4,400,000
91             Fairfield Inn Scottsdale                    Scottsdale             AZ   85254    6.2700%     6.24865%   $   4,375,000
92             Courtyard Garden Apartments                 Berkeley               MO   63134    5.4500%     5.42865%   $   4,350,000
93             Pine Tree Village                           Cumming                GA   30040    5.4600%     5.43865%   $   4,220,000
94             Residence Inn Shreveport Airport            Shreveport             LA   71109    6.2700%     6.24865%   $   4,200,000
95             Deerfield Crossing Apartments               Lebanon                OH   45036    5.1500%     5.08865%   $   4,050,000
96             Mill Pond Apartments                        Muncie                 IN   47304    5.1500%     5.08865%   $   4,050,000
97             2775 Shermer                                Northbrook             IL   60062    5.8500%     5.81865%   $   4,000,000
98             Americana Estates MHP                       Casco                  MI   48064    5.2800%     5.21865%   $   4,000,000
99             River Rock Apartments                       Missoula               MT   59802    5.1100%     5.08865%   $   4,000,000
100            East Pointe Village                         Dunn                   NC   28334    5.7500%     5.72865%   $   4,000,000
101            3400 Bissonnet Building                     Houston                TX   77005    5.8300%     5.80865%   $   3,937,500
102            Wood Forest                                 Nacogdoches            TX   75965    5.2600%     5.23865%   $   3,900,000
103            Islander MHP                                Bainbridge Island      WA   98110    5.7500%     5.72865%   $   3,880,000
104            Springhill Suites Inn Lawton                Lawton                 OK   73501    6.3900%     6.36865%   $   3,825,000
105            Preston Alpha Shopping Center               Dallas                 TX   75240    6.3600%     6.27865%   $   3,800,000
106            Lakefront II                                Hunt Valley            MD   21030    5.7400%     5.71865%   $   3,700,000
107            4035 Premier Drive                          High Point             NC   27265    5.5200%     5.49865%   $   3,600,000
109            Mallard Landing Apartments                  Marion                 OH   43302    5.2000%     5.15865%   $   3,600,000
110            Western View on the Hill Apartments         Chillicothe            OH   45601    5.6000%     5.57865%   $   3,525,000
111            Cypress Run Plaza                           Smithfield             VA   23430    5.3500%     5.32865%   $   3,500,000

<Caption>
<S>            <C>                                         <C>                <C>     <C>                 <C>       <C>
71             Upperclassman & Thorntree Apartments        $   5,622,367      113     10/11/2014          N/A       360
74             Lighthouse Square                           $   5,450,000      115     12/11/2014          N/A       360
75             Courtyard by Marriott Shreveport            $   5,369,869      116      1/11/2015          N/A       300
76             Courtyard by Marriott Texarkana             $   5,369,869      116      1/11/2015          N/A       300
77             Jewelers Exchange                           $   5,181,762      117      2/11/2015          N/A       360
78             Palm Court Apartments                       $   4,980,000      118      3/11/2015          N/A       360
79             1960 Gallows Road                           $   4,973,267      115     12/11/2014          N/A       360
80             Reseda MHP                                  $   4,963,040      54      11/11/2009          N/A       360
82             Hemby Woods Shopping Center                 $   4,936,011      117      2/11/2015          N/A       300
83             CURTISS WRIGHT PORTFOLIO                    $   4,783,021      117      2/11/2015          N/A       360
83a            Curtiss Wright Building IV
83b            Curtiss Wright Building III
83c            Curtiss Wright Building II
84             College Station                             $   4,757,391      236      1/11/2025          N/A       240
87             Sherwood MHP                                $   4,600,000      115     12/11/2014          N/A       360
89             The Regent Apartments                       $   4,500,000      117      2/11/2015          N/A       360
90             3L Self Storage                             $   4,381,317      116      1/11/2015          N/A       360
91             Fairfield Inn Scottsdale                    $   4,350,588      116      1/11/2015          N/A       300
92             Courtyard Garden Apartments                 $   4,330,643      116      1/11/2015          N/A       360
93             Pine Tree Village                           $   4,201,257      116      1/11/2015          N/A       360
94             Residence Inn Shreveport Airport            $   4,176,565      116      1/11/2015          N/A       300
95             Deerfield Crossing Apartments               $   4,030,946      116      1/11/2015          N/A       360
96             Mill Pond Apartments                        $   4,030,946      116      1/11/2015          N/A       360
97             2775 Shermer                                $   3,994,093      119      4/11/2015          N/A       300
98             Americana Estates MHP                       $   3,981,629      116      1/11/2015          N/A       360
99             River Rock Apartments                       $   3,972,019      115     12/11/2014          N/A       360
100            East Pointe Village                         $   3,958,715      113     10/11/2014          N/A       300
101            3400 Bissonnet Building                     $   3,933,451      119      4/11/2015          N/A       360
102            Wood Forest                                 $   3,873,493      54      11/11/2009          N/A       360
103            Islander MHP                                $   3,856,032      114     11/11/2014          N/A       360
104            Springhill Suites Inn Lawton                $   3,815,262      118      3/11/2015          N/A       300
105            Preston Alpha Shopping Center               $   3,766,626      110      7/11/2014          N/A       360
106            Lakefront II                                $   3,692,834      118      3/11/2015          N/A       360
107            4035 Premier Drive                          $   3,589,348      118      3/11/2015          N/A       300
109            Mallard Landing Apartments                  $   3,575,248      114     11/11/2014          N/A       360
110            Western View on the Hill Apartments         $   3,502,573      113     10/11/2014          N/A       360
111            Cypress Run Plaza                           $   3,489,345      118      3/11/2015          N/A       300

<Caption>
<S>            <C>                                               <C>       <C>           <C>            <C>
71             Upperclassman & Thorntree Apartments              353       $  33,045         180        Actual/360
74             Lighthouse Square                                 360       $  30,569      36,000        Actual/360
75             Courtyard by Marriott Shreveport                  296       $  35,689          90        Actual/360
76             Courtyard by Marriott Texarkana                   296       $  35,689          90        Actual/360
77             Jewelers Exchange                                 357       $  29,232      66,942        Actual/360
78             Palm Court Apartments                             360       $  27,623          60        Actual/360
79             1960 Gallows Road                                 355       $  28,452      33,333        Actual/360
80             Reseda MHP                                        354       $  26,294         108        Actual/360
82             Hemby Woods Shopping Center                       298       $  31,261      54,654        Actual/360
83             CURTISS WRIGHT PORTFOLIO                          357       $  26,834                    ACTUAL/360
83a            Curtiss Wright Building IV                                                 30,349
83b            Curtiss Wright Building III                                                24,605
83c            Curtiss Wright Building II                                                 16,564
84             College Station                                   236       $  33,975      52,192        Actual/360
87             Sherwood MHP                                      360       $  25,458         176        Actual/360
89             The Regent Apartments                             360       $  26,634          84        Actual/360
90             3L Self Storage                                   356       $  25,538     115,475        Actual/360
91             Fairfield Inn Scottsdale                          296       $  28,915         132        Actual/360
92             Courtyard Garden Apartments                       356       $  24,563         184        Actual/360
93             Pine Tree Village                                 356       $  23,855      27,600        Actual/360
94             Residence Inn Shreveport Airport                  296       $  27,758          78        Actual/360
95             Deerfield Crossing Apartments                     356       $  22,114          96        Actual/360
96             Mill Pond Apartments                              356       $  22,114         120        Actual/360
97             2775 Shermer                                      299       $  25,407      94,016        Actual/360
98             Americana Estates MHP                             356       $  22,163         559        Actual/360
99             River Rock Apartments                             354       $  21,743          84        Actual/360
100            East Pointe Village                               293       $  25,164      47,744        Actual/360
101            3400 Bissonnet Building                           359       $  23,179      49,505        Actual/360
102            Wood Forest                                       354       $  21,560         152        Actual/360
103            Islander MHP                                      354       $  22,643          50        Actual/360
104            Springhill Suites Inn Lawton                      298       $  25,564          80        Actual/360
105            Preston Alpha Shopping Center                     350       $  23,670      33,655        Actual/360
106            Lakefront II                                      358       $  21,569      52,441        Actual/360
107            4035 Premier Drive                                298       $  22,150      35,268        Actual/360
109            Mallard Landing Apartments                        354       $  19,768          96        Actual/360
110            Western View on the Hill Apartments               354       $  20,236         118        Actual/360
111            Cypress Run Plaza                                 298       $  21,181      25,000        Actual/360
</Table>

                                    Sch. II-9

<Page>

<Table>
<S>            <C>                                                    <C>              <C>         <C>         <C>
71             Upperclassman & Thorntree Apartments                   0.02135%         11          No          Yes
74             Lighthouse Square                                      0.02135%         11          No          Yes
75             Courtyard by Marriott Shreveport                       0.02135%         11          No          Yes
76             Courtyard by Marriott Texarkana                        0.02135%         11          No          Yes
77             Jewelers Exchange                                      0.02135%         11          No          Yes
78             Palm Court Apartments                                  0.02135%         11          No          Yes
79             1960 Gallows Road                                      0.02135%         11          No          Yes
80             Reseda MHP                                             0.02135%         11          No          Yes
82             Hemby Woods Shopping Center                            0.02135%         11          No          Yes
83             CURTISS WRIGHT PORTFOLIO                               0.02135%         11          NO          YES
83a            Curtiss Wright Building IV
83b            Curtiss Wright Building III
83c            Curtiss Wright Building II
84             College Station                                        0.02135%         11          No          Yes
87             Sherwood MHP                                           0.02135%         11          No          Yes
89             The Regent Apartments                                  0.02135%         11          No          Yes
90             3L Self Storage                                        0.02135%         11          No          Yes
91             Fairfield Inn Scottsdale                               0.02135%         11          No          Yes
92             Courtyard Garden Apartments                            0.02135%         11          No          Yes
93             Pine Tree Village                                      0.02135%         11          No          Yes
94             Residence Inn Shreveport Airport                       0.02135%         11          No          Yes
95             Deerfield Crossing Apartments                          0.06135%         11          No          Yes
96             Mill Pond Apartments                                   0.06135%         11          No          Yes
97             2775 Shermer                                           0.03135%         11          No          Yes
98             Americana Estates MHP                                  0.06135%         11          No          Yes
99             River Rock Apartments                                  0.02135%         11          No          Yes
100            East Pointe Village                                    0.02135%         11          No          Yes
101            3400 Bissonnet Building                                0.02135%         11          No          Yes
102            Wood Forest                                            0.02135%         11          No          Yes
103            Islander MHP                                           0.02135%         11          No          Yes
104            Springhill Suites Inn Lawton                           0.02135%         11          No          Yes
105            Preston Alpha Shopping Center                          0.08135%         11          No          Yes
106            Lakefront II                                           0.02135%         11          No          Yes
107            4035 Premier Drive                                     0.02135%         11          No          Yes
109            Mallard Landing Apartments                             0.04135%         11          No          Yes
110            Western View on the Hill Apartments                    0.02135%         11          No          Yes
111            Cypress Run Plaza                                      0.02135%         11          No          Yes

<Caption>
<S>            <C>                                                <C>            <C>         <C>               <C>             <C>
71             Upperclassman & Thorntree Apartments               N/A            No             Fee             No             2
74             Lighthouse Square                                  N/A            No             Fee            Yes             1
75             Courtyard by Marriott Shreveport                   N/A            No             Fee             No             1
76             Courtyard by Marriott Texarkana                    N/A            No             Fee             No             1
77             Jewelers Exchange                                   No            No             Fee             No             1
78             Palm Court Apartments                               No            No             Fee             No             2
79             1960 Gallows Road                                  N/A            No             Fee             No             1
80             Reseda MHP                                         N/A            No             Fee             No             2
82             Hemby Woods Shopping Center                        N/A            No             Fee            Yes             1
83             CURTISS WRIGHT PORTFOLIO                                                                         NO             1
83a            Curtiss Wright Building IV                         N/A            No          Leasehold                         1
83b            Curtiss Wright Building III                        N/A            No          Leasehold                         1
83c            Curtiss Wright Building II                         N/A            No          Leasehold                         1
84             College Station                                    N/A            No             Fee             No             1
87             Sherwood MHP                                        No            No             Fee             No             2
89             The Regent Apartments                               No            No             Fee             No             1
90             3L Self Storage                                    N/A            No             Fee             No             1
91             Fairfield Inn Scottsdale                           N/A            No             Fee             No             1
92             Courtyard Garden Apartments                        N/A            No             Fee             No             2
93             Pine Tree Village                                  N/A            No             Fee             No             1
94             Residence Inn Shreveport Airport                   N/A            No             Fee             No             1
95             Deerfield Crossing Apartments                      N/A            No             Fee             No             2
96             Mill Pond Apartments                               N/A            No             Fee             No             2
97             2775 Shermer                                       N/A            No             Fee             No             1
98             Americana Estates MHP                              N/A            No             Fee             No             1
99             River Rock Apartments                              N/A            No             Fee             No             2
100            East Pointe Village                                N/A            No             Fee             No             1
101            3400 Bissonnet Building                            N/A            No             Fee             No             1
102            Wood Forest                                        N/A            No             Fee             No             2
103            Islander MHP                                        No            No             Fee             No             1
104            Springhill Suites Inn Lawton                       N/A            No             Fee             No             1
105            Preston Alpha Shopping Center                      N/A            No             Fee             No             1
106            Lakefront II                                       N/A            No             Fee             No             1
107            4035 Premier Drive                                 N/A            No             Fee             No             1
109            Mallard Landing Apartments                         N/A            No             Fee             No             2
110            Western View on the Hill Apartments                N/A            No             Fee             No             2
111            Cypress Run Plaza                                  N/A            No             Fee             No             1
</Table>

                                    Sch. II-10

<Page>

<Table>
<S>             <C>                                         <C>
 112            SPRINGFIELD PORTFOLIO
112a            University Village                          407 West Calhoun Street
112b            Winch Lane Apartments                       1301-1305 Winch Road
112c            Governor Apartments                         1221-1223 West Governor Street
112d            420 Edwards Apartments                      420 West Edwards Street
112e            727 West Governor Apartments                727 West Governor Street
 113            Irongate Village Shopping Center            6403 Iron Bridge Road
 114            Woodland Plaza                              3510-3624 West Bell Road
 115            Cranberry Commons                           1691 Route 228
 118            622-624 Davis Street                        622-624 Davis Street
 119            Elm Street Bldg                             1361 Elm Street
 120            Regal Pointe Apartments                     6111 Willowbend Boulevard
 121            Village Court                               100 Village Court
 123            North Plaza Shopping Center                 2124 Fayetteville Road
 124            Greenbush Apartments                        104 & 110 South Brooks Street and 1013 & 1019
                                                             Milton Street
 125            South 40 RV Ranch                           3600 West Orange Grove Road
 126            3333 Beltway Place                          4001 West Sam Houston Parkway
 129            770 Middle Neck Road                        770 Middle Neck Road
 130            Food Lion Center                            2608 Main Street (US Highway 701)
 131            172 Dyckman Street                          172-178 Dyckman Street
 132            Lambertson Lakes I                          871-887 Thornton Parkway
 133            Douglas Pointe II Apartments                5525 Hyles Avenue
 134            Three Fountains Plaza                       3975-3985 Platt Springs Road
 135            4830 Hollywood Boulevard                    4830 Hollywood Boulevard
 136            Windsor Lodge Apartments                    34800 Lakeshore Boulevard
 137            Sunrise Terrace MHP                         7311 Chambers Creek Road West
 138            Houston Center Office Building              717 South Houston Avenue
 139            Hyde Park Apartments                        1410 Hyde Park Boulevard
 140            Islander Apartments                         1501-1526 North Parvin Road
 141            Buckingham Village MHC                      2910 Pat Booker Road
 142            Office Depot Murfreesboro                   620 Ridgely Road
 143            Villa Bonita Apartments                     4727 Willis Avenue
 144            727 Fairview Drive                          727 Fairview Drive
 145            New Britain                                 205, 215, 225 & 235 North Street
 146            Webbs Plaza                                 850 3rd Avenue South & 331 8th Street South
 147            CVS Crabapple                               12070 Crabapple Road
 148            Columbia Village Shopping Center            6452, 6454, and 6562-6570 South Federal Way
</Table>

                                    Sch. II-11

<Page>

<Table>
<S>             <C>                                       <C>                    <C>  <C>      <C>         <C>        <C>
 112            SPRINGFIELD PORTFOLIO                                                          6.0700%     6.04865%   $   3,375,000
112a            University Village                        Springfield            IL   62702
112b            Winch Lane Apartments                     Springfield            IL   62702
112c            Governor Apartments                       Springfield            IL   62704
112d            420 Edwards Apartments                    Springfield            IL   62704
112e            727 West Governor Apartments              Springfiled            IL   62704
 113            Irongate Village Shopping Center          Richmond               VA   23234    5.7500%     5.72865%   $   3,360,000
 114            Woodland Plaza                            Glendale               AZ   85308    5.4000%     5.37865%   $   3,350,000
 115            Cranberry Commons                         Cranberry Township     PA   16066    5.7000%     5.63865%   $   3,200,000
 118            622-624 Davis Street                      Evanston               IL   60201    5.7400%     5.71865%   $   3,075,000
 119            Elm Street Bldg                           Manchester             NH   03101    5.8900%     5.86865%   $   3,000,000
 120            Regal Pointe Apartments                   Houston                TX   77096    5.5300%     5.50865%   $   3,000,000
 121            Village Court                             Hazlet                 NJ   07730    5.6400%     5.61865%   $   2,870,000
 123            North Plaza Shopping Center               Rockingham             NC   28379    5.3800%     5.35865%   $   2,500,000
 124            Greenbush Apartments                      Madison                WI   53715    5.0800%     5.05865%   $   2,500,000
 125            South 40 RV Ranch                         Tucson                 AZ   85741    5.2200%     5.19865%   $   2,400,000
 126            3333 Beltway Place                        Houston                TX   77043    6.1500%     6.12865%   $   2,400,000
 129            770 Middle Neck Road                      Great Neck             NY   11024    5.7000%     5.67865%   $   2,300,000
 130            Food Lion Center                          Conway                 SC   29526    5.7500%     5.72865%   $   2,250,000
 131            172 Dyckman Street                        New York               NY   10040    4.6700%     4.64865%   $   2,250,000
 132            Lambertson Lakes I                        Thornton               CO   80229    5.3500%     5.26865%   $   2,200,000
 133            Douglas Pointe II Apartments              Hammond                IN   46320    5.5700%     5.54865%   $   2,150,000
 134            Three Fountains Plaza                     West Columbia          SC   29170    5.7800%     5.75865%   $   2,080,000
 135            4830 Hollywood Boulevard                  Los Angeles            CA   90027    5.5900%     5.56865%   $   2,000,000
 136            Windsor Lodge Apartments                  Eastlake               OH   44095    5.7200%     5.69865%   $   1,950,000
 137            Sunrise Terrace MHP                       University Place       WA   98467    5.7400%     5.71865%   $   1,925,000
 138            Houston Center Office Building            Tulsa                  OK   74127    5.9300%     5.90865%   $   1,925,000
 139            Hyde Park Apartments                      Houston                TX   77006    5.7100%     5.68865%   $   1,900,000
 140            Islander Apartments                       Kansas City            MO   64116    5.6000%     5.57865%   $   1,900,000
 141            Buckingham Village MHC                    Universal City         TX   78148    5.6000%     5.57865%   $   1,880,000
 142            Office Depot Murfreesboro                 Murfreesboro           TN   37129    5.4400%     5.41865%   $   1,825,000
 143            Villa Bonita Apartments                   Sherman Oaks           CA   91403    5.1300%     5.10865%   $   1,800,000
 144            727 Fairview Drive                        Carson City            NV   89701    6.0900%     6.06865%   $   1,750,000
 145            New Britain                               New Britain            CT   06051    5.6500%     5.62865%   $   1,615,000
 146            Webbs Plaza                               Saint Petersburg       FL   33701    5.6500%     5.62865%   $   1,600,000
 147            CVS Crabapple                             Roswell                GA   30075    5.4000%     5.37865%   $   1,600,000
 148            Columbia Village Shopping Center          Boise                  ID   83706    5.5000%     5.47865%   $   1,600,000

<Caption>
<S>             <C>                                            <C>                <C>     <C>          <C>         <C>
 112            SPRINGFIELD PORTFOLIO                          $   3,365,912      118      3/11/2015          N/A       300
112a            University Village
112b            Winch Lane Apartments
112c            Governor Apartments
112d            420 Edwards Apartments
112e            727 West Governor Apartments
 113            Irongate Village Shopping Center               $   3,336,186      113     10/11/2014          N/A       360
 114            Woodland Plaza                                 $   3,327,839      114     11/11/2014          N/A       360
 115            Cranberry Commons                              $   3,183,491      70       3/11/2011          N/A       360
 118            622-624 Davis Street                           $   3,037,903      108      5/11/2014          N/A       360
 119            Elm Street Bldg                                $   2,994,378      118      3/11/2015          N/A       360
 120            Regal Pointe Apartments                        $   2,986,849      80       1/11/2012          N/A       360
 121            Village Court                                  $   2,855,016      115     12/11/2014          N/A       360
 123            North Plaza Shopping Center                    $   2,500,000      118      3/11/2015          N/A       360
 124            Greenbush Apartments                           $   2,488,086      116      1/11/2015          N/A       360
 125            South 40 RV Ranch                              $   2,383,562      54      11/11/2009          N/A       360
 126            3333 Beltway Place                             $   2,379,939      111      8/11/2014          N/A       360
 129            770 Middle Neck Road                           $   2,295,506      119      4/11/2015          N/A       360
 130            Food Lion Center                               $   2,239,465      117      2/11/2015          N/A       300
 131            172 Dyckman Street                             $   2,232,892      78      11/11/2011          N/A       360
 132            Lambertson Lakes I                             $   2,192,205      117      2/11/2015          N/A       360
 133            Douglas Pointe II Apartments                   $   2,150,000      120      5/11/2015          N/A       360
 134            Three Fountains Plaza                          $   2,061,217      111      8/11/2014          N/A       360
 135            4830 Hollywood Boulevard                       $   1,994,152      118      3/11/2015          N/A       300
 136            Windsor Lodge Apartments                       $   1,941,751      118      3/11/2015          N/A       360
 137            Sunrise Terrace MHP                            $   1,918,618      117      2/11/2015          N/A       360
 138            Houston Center Office Building                 $   1,913,525      114     11/11/2014          N/A       360
 139            Hyde Park Apartments                           $   1,890,217      115     12/11/2014          N/A       360
 140            Islander Apartments                            $   1,882,607      114     11/11/2014          N/A       300
 141            Buckingham Village MHC                         $   1,860,124      77      10/11/2011          N/A       300
 142            Office Depot Murfreesboro                      $   1,825,000      115     12/11/2034   12/11/2014  Interest Only
 143            Villa Bonita Apartments                        $   1,797,889      118      3/11/2015          N/A       360
 144            727 Fairview Drive                             $   1,744,536      119      4/11/2015          N/A       360
 145            New Britain                                    $   1,609,563      57       2/11/2010          N/A       360
 146            Webbs Plaza                                    $   1,593,142      117      2/11/2015          N/A       360
 147            CVS Crabapple                                  $   1,592,814      116      1/11/2015          N/A       360
 148            Columbia Village Shopping Center               $   1,591,412      116      1/11/2015          N/A       360

<Caption>
<S>             <C>                                            <C>            <C>            <C>           <C>
 112            SPRINGFIELD PORTFOLIO                               298       $  21,890                    ACTUAL/360
112a            University Village                                                               30
112b            Winch Lane Apartments                                                            32
112c            Governor Apartments                                                              24
112d            420 Edwards Apartments                                                           22
112e            727 West Governor Apartments                                                     15
 113            Irongate Village Shopping Center                    353       $  19,608      57,830        Actual/360
 114            Woodland Plaza                                      354       $  18,811      39,530        Actual/360
 115            Cranberry Commons                                   355       $  18,573      16,750        Actual/360
 118            622-624 Davis Street                                348       $  17,925      20,915        Actual/360
 119            Elm Street Bldg                                     358       $  17,775      42,636        Actual/360
 120            Regal Pointe Apartments                             356       $  17,090         140        Actual/360
 121            Village Court                                       355       $  16,549      28,245        Actual/360
 123            North Plaza Shopping Center                         360       $  14,007      42,200        Actual/360
 124            Greenbush Apartments                                356       $  13,543          74        Actual/360
 125            South 40 RV Ranch                                   354       $  13,208         233        Actual/360
 126            3333 Beltway Place                                  351       $  14,621      23,631        Actual/360
 129            770 Middle Neck Road                                358       $  13,349      29,415        Actual/360
 130            Food Lion Center                                    297       $  14,155      49,985        Actual/360
 131            172 Dyckman Street                                  354       $  11,629      10,000        Actual/360
 132            Lambertson Lakes I                                  357       $  12,285      13,465        Actual/360
 133            Douglas Pointe II Apartments                        360       $  12,302         112        Actual/360
 134            Three Fountains Plaza                               351       $  12,178      41,450        Actual/360
 135            4830 Hollywood Boulevard                            298       $  12,389      18,083        Actual/360
 136            Windsor Lodge Apartments                            356       $  11,343          80        Actual/360
 137            Sunrise Terrace MHP                                 357       $  11,222          53        Actual/360
 138            Houston Center Office Building                      354       $  11,455      50,417        Actual/360
 139            Hyde Park Apartments                                355       $  11,040          37        Actual/360
 140            Islander Apartments                                 294       $  11,781      57,689        Actual/360
 141            Buckingham Village MHC                              293       $  11,657         130        Actual/360
 142            Office Depot Murfreesboro                      Interest Only  $   8,388      19,010        Actual/360
 143            Villa Bonita Apartments                             359       $   9,806          39        Actual/360
 144            727 Fairview Drive                                  357       $  10,594      20,577        Actual/360
 145            New Britain                                         357       $   9,322          40        Actual/360
 146            Webbs Plaza                                         356       $   9,236      18,358        Actual/360
 147            CVS Crabapple                                       356       $   8,984      10,125        Actual/360
 148            Columbia Village Shopping Center                    355       $   9,085      14,368        Actual/360
</Table>

                                    Sch. II-12

<Page>

<Table>
<S>             <C>                                               <C>              <C>        <C>          <C>          <C>
 112            SPRINGFIELD PORTFOLIO                             0.02135%         11          NO          YES
112a            University Village                                                                                      N/A
112b            Winch Lane Apartments                                                                                   N/A
112c            Governor Apartments                                                                                     N/A
112d            420 Edwards Apartments                                                                                  N/A
112e            727 West Governor Apartments                                                                            N/A
 113            Irongate Village Shopping Center                  0.02135%         11          No          Yes          N/A
 114            Woodland Plaza                                    0.02135%         11          No          Yes          N/A
 115            Cranberry Commons                                 0.06135%         11          No          Yes          N/A
 118            622-624 Davis Street                              0.02135%         11          No          Yes          N/A
 119            Elm Street Bldg                                   0.02135%         11          No          Yes          N/A
 120            Regal Pointe Apartments                           0.02135%         11          No           No          N/A
 121            Village Court                                     0.02135%         11          No          Yes          N/A
 123            North Plaza Shopping Center                       0.02135%         11          No          Yes          N/A
 124            Greenbush Apartments                              0.02135%         11          No          Yes          N/A
 125            South 40 RV Ranch                                 0.02135%         11          No          Yes          N/A
 126            3333 Beltway Place                                0.02135%         11          No          Yes          N/A
 129            770 Middle Neck Road                              0.02135%         11          No          Yes          N/A
 130            Food Lion Center                                  0.02135%         11          No          Yes          N/A
 131            172 Dyckman Street                                0.02135%         11          No          Yes          N/A
 132            Lambertson Lakes I                                0.08135%         11          No          Yes          N/A
 133            Douglas Pointe II Apartments                      0.02135%         11          No          Yes          N/A
 134            Three Fountains Plaza                             0.02135%         11          No          Yes          N/A
 135            4830 Hollywood Boulevard                          0.02135%         11          No          Yes           No
 136            Windsor Lodge Apartments                          0.02135%         11          No          Yes          N/A
 137            Sunrise Terrace MHP                               0.02135%         11          No          Yes           No
 138            Houston Center Office Building                    0.02135%         11          No          Yes          N/A
 139            Hyde Park Apartments                              0.02135%         11          No          Yes          N/A
 140            Islander Apartments                               0.02135%         11          No          Yes          N/A
 141            Buckingham Village MHC                            0.02135%         11          No          Yes          N/A
 142            Office Depot Murfreesboro                         0.02135%         11         Yes          Yes          N/A
 143            Villa Bonita Apartments                           0.02135%         11          No           No           No
 144            727 Fairview Drive                                0.02135%         11          No          Yes           No
 145            New Britain                                       0.02135%         11          No          Yes          N/A
 146            Webbs Plaza                                       0.02135%         11          No          Yes          N/A
 147            CVS Crabapple                                     0.02135%         11          No          Yes          N/A
 148            Columbia Village Shopping Center                  0.02135%         11          No          Yes          N/A

<Caption>
<S>             <C>                                                <C>          <C>                <C>            <C>
 112            SPRINGFIELD PORTFOLIO                                                              NO             2
112a            University Village                                 Yes             Fee                            2
112b            Winch Lane Apartments                              Yes             Fee                            2
112c            Governor Apartments                                Yes             Fee                            2
112d            420 Edwards Apartments                             Yes             Fee                            2
112e            727 West Governor Apartments                       Yes             Fee                            2
 113            Irongate Village Shopping Center                   Yes             Fee             No             1
 114            Woodland Plaza                                      No             Fee             No             1
 115            Cranberry Commons                                   No             Fee             No             1
 118            622-624 Davis Street                                No             Fee             No             1
 119            Elm Street Bldg                                    Yes             Fee             No             1
 120            Regal Pointe Apartments                            Yes             Fee             No             2
 121            Village Court                                      Yes             Fee             No             1
 123            North Plaza Shopping Center                         No             Fee             No             1
 124            Greenbush Apartments                                No             Fee             No             2
 125            South 40 RV Ranch                                   No             Fee             No             1
 126            3333 Beltway Place                                  No             Fee             No             1
 129            770 Middle Neck Road                               Yes             Fee             No             1
 130            Food Lion Center                                   Yes          Leasehold          No             1
 131            172 Dyckman Street                                  No             Fee             No             1
 132            Lambertson Lakes I                                  No             Fee             No             1
 133            Douglas Pointe II Apartments                       Yes             Fee             No             2
 134            Three Fountains Plaza                               No             Fee             No             1
 135            4830 Hollywood Boulevard                           Yes             Fee             No             1
 136            Windsor Lodge Apartments                           Yes             Fee             No             2
 137            Sunrise Terrace MHP                                Yes             Fee             No             1
 138            Houston Center Office Building                     Yes             Fee             No             1
 139            Hyde Park Apartments                               Yes             Fee             No             2
 140            Islander Apartments                                Yes             Fee             No             2
 141            Buckingham Village MHC                             Yes             Fee             No             1
 142            Office Depot Murfreesboro                           No             Fee             No             1
 143            Villa Bonita Apartments                             No             Fee             No             1
 144            727 Fairview Drive                                 Yes             Fee             No             1
 145            New Britain                                        Yes             Fee             No             2
 146            Webbs Plaza                                        Yes             Fee             No             1
 147            CVS Crabapple                                       No             Fee             No             1
 148            Columbia Village Shopping Center                    No             Fee             No             1
</Table>

                                    Sch. II-13

<Page>

<Table>
<S>             <C>                                         <C>
149             Fishermans Cove MHC                         36100 Dockside Place
150             Montgomery Office Building                  9549 Montgomery Road
151             Office Depot Milford                        275 Rivers Edge Drive
152             1995-2001 Coney Island Avenue               1995-2001 Coney Island Avenue
153             Chestnut Hill Apartments                    108 Northampton Road
154             Virginia Place                              832 Virginia Avenue and 801 Doug Davis Drive
155             Old School Square Office                    75 Northwest 1st Avenue
156             Sugarbush Plaza Shopping Center             2398-2450 Franklin Road
157             Green Sky Retail Center                     1805 South Padre Island Drive
158             Broadway Commons Plaza                      5231 Broadway Street
159             Lake Park Colonial Apartments               1865 Edgewood Avenue
160             Shady Oaks MHP                              5812 Cedars Road
161             Fox Creek MHC                               One Fox Creek Lane
162             Anders Lane                                 2103-2105 Anders Lane
163             581 Central Park Avenue                     579-585 Central Park Avenue South & 797-805
                                                             Yonkers Avenue
164             Little Turtle Apartments                    1350 Pamela Street
165             Frederick Arms Apartments                   457 White Drive
166             Gold Hill MHP                               771 Gold Hill Road
167             Museum Place                                1116 Banks Street
168             Park Square Apartments                      1620 Gladstone Street and 1960 Blaine Street
</Table>

                                    Sch. II-14

<Page>

<Table>
<S>             <C>                                     <C>                    <C>  <C>      <C>         <C>        <C>
149             Fishermans Cove MHC                     Dade City              FL   33525    5.5700%     5.54865%   $   1,560,000
150             Montgomery Office Building              Cincinnati             OH   45242    6.0500%     6.02865%   $   1,535,000
151             Office Depot Milford                    Milford                OH   45150    5.4400%     5.41865%   $   1,500,000
152             1995-2001 Coney Island Avenue           Brooklyn               NY   11223    6.3600%     6.33865%   $   1,500,000
153             Chestnut Hill Apartments                Amsterdam              NY   12010    5.9000%     5.87865%   $   1,400,000
154             Virginia Place                          Hapeville              GA   30354    5.9900%     5.96865%   $   1,325,000
155             Old School Square Office                Delray Beach           FL   33444    5.6900%     5.66865%   $   1,200,000
156             Sugarbush Plaza Shopping Center         Bloomfield Hills       MI   48302    5.7300%     5.70865%   $   1,200,000
157             Green Sky Retail Center                 Corpus Christi         TX   78416    5.5500%     5.52865%   $   1,131,000
158             Broadway Commons Plaza                  San Antonio            TX   78209    5.6300%     5.60865%   $   1,100,000
159             Lake Park Colonial Apartments           Jacksonville           FL   32208    5.8300%     5.80865%   $   1,100,000
160             Shady Oaks MHP                          Redding                CA   96001    5.7500%     5.72865%   $   1,100,000
161             Fox Creek MHC                           Labadie                MO   63055    5.5100%     5.48865%   $   1,008,000
162             Anders Lane                             Kemah                  TX   77565    6.1500%     6.12865%   $   1,000,000
163             581 Central Park Avenue                 Yonkers                NY   10704    4.6700%     4.64865%   $   1,000,000
164             Little Turtle Apartments                Leesburg               FL   34748    5.9500%     5.92865%   $   1,000,000
165             Frederick Arms Apartments               Tallahassee            FL   32304    5.9400%     5.91865%   $     900,000
166             Gold Hill MHP                           Newcastle              CA   95658    5.8300%     5.80865%   $     900,000
167             Museum Place                            Houston                TX   77006    6.0000%     5.97865%   $     750,000
168             Park Square Apartments                  Detroit                MI   48206    6.8800%     6.85865%   $     550,000

<Caption>
<S>             <C>                                            <C>                <C>     <C>          <C>         <C>
149             Fishermans Cove MHC                            $   1,560,000      80       1/11/2012          N/A       360
150             Montgomery Office Building                     $   1,526,141      116      1/11/2015          N/A       300
151             Office Depot Milford                           $   1,500,000      115     12/11/2034   12/11/2014  Interest Only
152             1995-2001 Coney Island Avenue                  $   1,487,823      54      11/11/2009          N/A       300
153             Chestnut Hill Apartments                       $   1,397,382      118      3/11/2015          N/A       360
154             Virginia Place                                 $   1,323,678      118      3/11/2015          N/A       360
155             Old School Square Office                       $   1,197,650      119      4/11/2015          N/A       360
156             Sugarbush Plaza Shopping Center                $   1,192,729      117      2/11/2015          N/A       300
157             Green Sky Retail Center                        $   1,128,717      118      3/11/2015          N/A       360
158             Broadway Commons Plaza                         $   1,097,818      118      3/11/2015          N/A       360
159             Lake Park Colonial Apartments                  $   1,096,913      118      3/11/2015          N/A       300
160             Shady Oaks MHP                                 $   1,095,373      56       1/11/2010          N/A       360
161             Fox Creek MHC                                  $   1,005,947      119      4/11/2015          N/A       360
162             Anders Lane                                    $     996,101      116      1/11/2015          N/A       360
163             581 Central Park Avenue                        $     992,396      78      11/11/2011          N/A       360
164             Little Turtle Apartments                       $     991,335      114     11/11/2014          N/A       300
165             Frederick Arms Apartments                      $     897,521      118      3/11/2015          N/A       300
166             Gold Hill MHP                                  $     897,062      57       2/11/2010          N/A       360
167             Museum Place                                   $     743,530      111      8/11/2014          N/A       360
168             Park Square Apartments                         $     546,929      173     10/11/2019          N/A       360

<Caption>
<S>             <C>                                            <C>            <C>            <C>           <C>
149             Fishermans Cove MHC                                 360       $   8,926         100        Actual/360
150             Montgomery Office Building                          296       $   9,937      15,300        Actual/360
151             Office Depot Milford                           Interest Only  $   6,894      18,000        Actual/360
152             1995-2001 Coney Island Avenue                       294       $   9,997       8,000        Actual/360
153             Chestnut Hill Apartments                            358       $   8,304          68        Actual/360
154             Virginia Place                                      359       $   7,936       9,900        Actual/360
155             Old School Square Office                            358       $   6,957       8,918        Actual/360
156             Sugarbush Plaza Shopping Center                     296       $   7,535      10,660        Actual/360
157             Green Sky Retail Center                             358       $   6,457       9,717        Actual/360
158             Broadway Commons Plaza                              358       $   6,336       8,062        Actual/360
159             Lake Park Colonial Apartments                       298       $   6,973          54        Actual/360
160             Shady Oaks MHP                                      356       $   6,419          51        Actual/360
161             Fox Creek MHC                                       358       $   5,730          49        Actual/360
162             Anders Lane                                         356       $   6,092      25,500        Actual/360
163             581 Central Park Avenue                             354       $   5,168       7,534        Actual/360
164             Little Turtle Apartments                            294       $   6,412          38        Actual/360
165             Frederick Arms Apartments                           298       $   5,766          30        Actual/360
166             Gold Hill MHP                                       357       $   5,298          31        Actual/360
167             Museum Place                                        351       $   4,497          24        Actual/360
168             Park Square Apartments                              353       $   3,615          38        Actual/360
</Table>

                                    Sch. II-15

<Page>

<Table>
<S>             <C>                                        <C>              <C>        <C>          <C>          <C>
149             Fishermans Cove MHC                        0.02135%         11          No          Yes          N/A
150             Montgomery Office Building                 0.02135%         11          No          Yes          N/A
151             Office Depot Milford                       0.02135%         11         Yes          Yes          N/A
152             1995-2001 Coney Island Avenue              0.02135%         11          No           No          N/A
153             Chestnut Hill Apartments                   0.02135%         11          No          Yes          N/A
154             Virginia Place                             0.02135%         11          No          Yes          N/A
155             Old School Square Office                   0.02135%         11          No          Yes          N/A
156             Sugarbush Plaza Shopping Center            0.02135%         11          No          Yes          N/A
157             Green Sky Retail Center                    0.02135%         11          No          Yes          N/A
158             Broadway Commons Plaza                     0.02135%         11          No          Yes          N/A
159             Lake Park Colonial Apartments              0.02135%         11          No          Yes          N/A
160             Shady Oaks MHP                             0.02135%         11          No          Yes           No
161             Fox Creek MHC                              0.02135%         11          No          Yes          N/A
162             Anders Lane                                0.02135%         11          No          Yes          N/A
163             581 Central Park Avenue                    0.02135%         11          No          Yes          N/A
164             Little Turtle Apartments                   0.02135%         11          No          Yes          N/A
165             Frederick Arms Apartments                  0.02135%         11          No          Yes          N/A
166             Gold Hill MHP                              0.02135%         11          No          Yes           No
167             Museum Place                               0.02135%         11          No          Yes          N/A
168             Park Square Apartments                     0.02135%         11          No          Yes          N/A

<Caption>
<S>             <C>                                              <C>          <C>                <C>            <C>
149             Fishermans Cove MHC                              Yes             Fee             No             2
150             Montgomery Office Building                        No             Fee             No             1
151             Office Depot Milford                              No             Fee             No             1
152             1995-2001 Coney Island Avenue                    Yes             Fee             No             2
153             Chestnut Hill Apartments                         Yes             Fee             No             2
154             Virginia Place                                    No             Fee             No             1
155             Old School Square Office                         Yes             Fee             No             1
156             Sugarbush Plaza Shopping Center                  Yes             Fee             No             1
157             Green Sky Retail Center                          Yes             Fee             No             1
158             Broadway Commons Plaza                           Yes          Leasehold          No             1
159             Lake Park Colonial Apartments                    Yes             Fee             No             2
160             Shady Oaks MHP                                   Yes             Fee             No             1
161             Fox Creek MHC                                    Yes             Fee             No             2
162             Anders Lane                                       No             Fee             No             1
163             581 Central Park Avenue                           No             Fee             No             1
164             Little Turtle Apartments                         Yes             Fee             No             2
165             Frederick Arms Apartments                        Yes             Fee             No             2
166             Gold Hill MHP                                    Yes             Fee             No             1
167             Museum Place                                     Yes             Fee             No             2
168             Park Square Apartments                           Yes             Fee             No             2
</Table>

                                    Sch. II-16

<Page>

                                                                    SCHEDULE III

                   MORTGAGE LOANS CONSTITUTING MORTGAGE GROUPS

<Table>
<Caption>
MORTGAGE
 GROUP:     PROPERTY/PORTFOLIO NAME(S):
--------    ---------------------------
<S>         <C>
   1.       Spectrum Portfolio (SP - 414 North Orleans, SP - 820 North Orleans,
            SP - 350 North LaSalle, SP - 311 West Superior, SP - 400 West Erie,
            and SP - 750 North Orleans)

   2.       Yorktown Apartments and Bluffs of Berkshire Apartments

   3.       Bexley at Lake Norman and Addison Kings Crossing V

   4.       Newport Apartments, Sunchase Apartments and Benchmark Apartments

   5.       Tri-Valley Plaza and Cottonwood Plaza
</Table>

                                   Sch. III-1
<Page>

                                                                     SCHEDULE IV

                         MORTGAGE LOANS WITH LOST NOTES

                                     None.

                                   Sch. IV-1
<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:

REPRESENTATION NO. (v):

     In the case of the Mortgage Loan identified as Villa Bonita Apartments, the
Mortgage Property was approved and a certificate of occupancy issued for
thirty-six (36) units. However, the Mortgage Property contains thirty-nine (39)
units, because the additional three (3) units were created after the certificate
of occupancy was issued. Thus, at least three (3) units and potentially as many
as six (6) units either do not have a certificate of occupancy or do not have a
valid certificate of occupancy. Law and ordinance insurance has been obtained
for the affected units.

REPRESENTATION NO. (xxiii):

     In the case of the Mortgage Loan identified as Foods Co., the Foods Co.
lease is based on a triple-net structure. The tenant is under an unconditional
obligation to pay rent under such lease, the result of which is that the related
Borrower is not under any obligation to provide rental loss insurance (the
tenant maintains rental loss insurance for 12 months).

REPRESENTATION NO. (xxvii):

     In the case of the Mortgage Loan identified as Woodland Plaza, a drywell
located on the related Mortgaged Property has been contaminated by an adjacent
property owner who has been found to wash its petroleum and solvent residues
onto the Mortgaged Property. This issue has been mitigated by mortgagee
requiring Borrower to provide mortgagee within sixty (60) days of the closing of
the Mortgage Loan evidence of the following: (i) written notice to the adjacent
owner identifying the condition and requesting that the adjacent owner take all
necessary steps to report, clean up and correct the condition; and (ii) written
notice from Borrower or the adjacent property owner to the appropriate state
agency, advising them of the condition. Borrower has further covenanted to
deliver to mortgagee any notices or material information that are obtained as a
result of the notices described herein.

REPRESENTATION NO. (xxviii):

     In the case of the Mortgage Loans known as 6200 Gessner Apartments,
Benchmark Apartment, Berkshire Crossing Apartments, Bluffs of Berkshire
Apartments, Indigo on Forest Apartments, Newport Apartments, Providence
Apartments, Sunchase Apartments and Yorktown Apartments, the due on sale
provision has been modified so as to accommodate the mezzanine indebtedness, but
any foreclosure of the pledged partnership of membership interest or rights to
distributions from the related Borrower must be undertaken consistent with the
requirements of the intercreditor agreement with mortgagee.

                                    Sch. V-1
<Page>

     In the case of the Mortgage Loans identified as Deerfield Crossing
Apartments, Mallard Landing Apartments, Mill Pond Apartments and Windsor Place
Apartments, the related Mortgage Loan Documents permit a one-time transfer of
the related Mortgaged Property from the Borrower to an affiliate thereof,
subject to the assumption of the Mortgage Loan by the affiliated buyer and the
satisfaction of certain conditions specified in the Mortgage Loan Documents,
including that (i) the existing members of Borrower have substantially the same
percentage ownership interests in the affiliate buyer or the ownership of the
affiliate buyer shall otherwise be acceptable to mortgagee in its sole
discretion and (ii) Miller-Valentine Partners Ltd. (the manager of the related
Mortgaged Property as of origination) or an affiliate remains responsible for
the management and control of such Mortgaged Property and of the affiliate
buyer.

REPRESENTATION NO. (xxxvii):

     In the case of the Mortgage Loan identified as Southlake Pavilion I & II,
the related Mortgage Loan Documents do not initially require that the related
Borrower be a Single-Purpose Entity, but do require a roll-up into a
Single-Purpose Entity on or before January 31, 2006. The Borrowers include
individuals, a California limited liability company, the trustees of a family
planning trust, and a single purpose California limited liability company.

     In the case of the Mortgage Loan identified as Office Depot Shopping
Center, Borrower's organizational documents do not contain required
"single-purpose entity" provisions but limitations on the activities of Borrower
and separateness provisions were incorporated into the organizational documents
of the general partner who is given complete control of the Borrower. Borrower
is also subject to various "single-purpose entity" covenants which are contained
in the related Mortgage Loan Documents. Furthermore, Borrower is permitted in
addition to the Mortgaged Property to be the fee simple owner of certain
additional real property and related improvements (collectively, the "Other
Property"):

<Table>
<Caption>
        Property                                Estimated Value     Current Debt
        --------                                ---------------     ------------
        <S>                                     <C>                 <C>
        Single Tenant NTW Store                 $  1,000,000.00     $ 200,000.00

        Single Tenant Merchants Tire Store      $  1,000,000.00     $       0.00

        160,000 sq. ft. Single Tenant
        Burlington Coat Factory on 13 acres     $  2,000,000.00     $       0.00

        Four acres of land in which Borrower
        owns 1/2 of joint venture               $    500,000.00     $       0.00

        30 acres of vacant land
        to be used for condominium
        project at Montpelier Hills             $    750,000.00     $       0.00
</Table>

                                    Sch. V-2
<Page>

Borrower shall be permitted to maintain its ownership interest in the Other
Property during the term of the Loan and may incur (i) unsecured trade and
operational debt in the ordinary course of business for the operation of the
Other Property and (ii) indebtedness secured by the individual properties
comprising the Other Property in an amount not to exceed the current debt
attributable to such property as set forth in the table above without being
deemed to be in violation of the "single-purpose entity" covenants.

     In the case of the Mortgage Loan identified as Union Woods, the related
Mortgage Loan Documents do not require that the related Borrower be a
Single-Purpose Entity, but the Borrower may transfer the Mortgaged Property into
one or two Single-Purpose Entities. Failure to so transfer the Mortgaged
Property does not constitute a default. The Borrowers are co-trustees of two
separate California estate trusts.

REPRESENTATION NO. (xl):

     In the case of the Mortgage Loan identified as 2775 Shermer, the Borrower's
monthly tax impounds will include any other property that constitutes the same
tax parcel of that the Mortgaged Property is a part, as a tax split takes effect
on the day the condominium declaration is filed, but separate tax numbers are
not issued for two years.

     In the case of the Mortgage Loan identified as 3333 Beltway Place, the
Mortgaged Property is currently taxed together with an adjacent property. The
Mortgaged Property and the adjacent property consist of one building separated
by a party wall (covered by a party wall agreement). Borrower is in the process
of requesting that the Mortgaged Property be assessed and taxed as a separate
parcel. Mortgagee has established a $36,761 escrow reserve in this regard.

     In the case of the Mortgage Loan identified as Plymouth Industrial Center,
the related Mortgaged Property is part but not all of a tax lot. A separate tax
lot application has been made for each condominium unit; the entire tax lot's
assessments are taken into account in calculating the impound account deposits.

REPRESENTATION NO. (xlvii):

     In the case of the Mortgage Loan identified as Americo - Science Place and
State Farm, in the event of a casualty affecting in excess of 60% of the value
of any one of the individual Mortgaged Properties, that particular Mortgaged
Property may be released from the lien of the related Mortgage provided that no
default exists under the related Mortgage Loan Documents and the Borrower pays
to lender an amount equal to the greater of (a) the insurance proceeds for such
casualty or (b) the allocated loan amount of that particular Mortgaged Property.

REPRESENTATION NO. (l):

     In the case of the Mortgage Loan identified as Southlake Pavilion I & II,
Rhodes, Inc. has filed for protection under Chapter 11 of the U.S. Bankruptcy
Code as of November, 2004.

                                    Sch. V-3
<Page>

REPRESENTATION NO. (li):

     In the case of the Mortgage Loan identified as Providence Apartments, the
Mortgaged Property is nonconforming as to parking as it is deficient 41 spaces.
There is adequate space at the site to restripe to add the additional spaces
required to bring the Mortgaged Property into conformity.

     In the case of the Mortgage Loan identified as Indigo on Forest Apartments,
the Mortgaged Property is nonconforming as to parking as it is deficient 31
spaces on Tract 1, 17 spaces on Tract 2 and 16 spaces on Tract 3. There is
adequate space at the site to restripe, reconfigure and repave to add the
additional spaces required to bring the Mortgaged Property into conformity.

     In the case of the Mortgage Loan identified as Newport Apartments, the
Mortgaged Property is nonconforming as to parking as it is deficient 18 spaces.
There is adequate space at the site to restripe to add the additional spaces
required to bring the Mortgaged Property into conformity.

                                    Sch. V-4
<Page>

                                                                       EXHIBIT A

                         REPRESENTATIONS AND WARRANTIES
                          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:

          (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");

          (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;

                                    Exh. A-1
<Page>

               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; or

          (C)  originated by a Qualified Originator or an officer of a Qualified
               Originator provided a certificate to the effect that such
               Mortgage Loan was originated using the same procedures that
               Seller used as a Qualified Originator.

                                    Exh. A-2
<Page>

          (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

                                    Exh. A-3
<Page>

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;

          (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 each of the CBA Mortgage Loans, respectively, 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;

                                    Exh. A-4
<Page>

          (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
each of the CBA Mortgage Loans, respectively, 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;

                                    Exh. A-5
<Page>

          (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 the origination, servicing and collection of each Mortgage Loan is in
all respects legal, proper and prudent in accordance with customary commercial
mortgage lending standards, and no other person has

                                    Exh. A-6
<Page>

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 that have
been disbursed on or prior to the date hereof 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

                                    Exh. A-7
<Page>

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

                                    Exh. A-8
<Page>

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

                                    Exh. A-9
<Page>

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:

          (D)  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;

          (E)  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

                                    Exh. A-10
<Page>

               that any such action without such consent is not binding on the
               lender, its successors or assigns;

          (F)  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;

          (G)  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;

          (H)  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;

          (I)  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;

          (J)  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;

          (K)  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;

          (L)  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;

          (M)  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

                                    Exh. A-11
<Page>

               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;

          (N)  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

          (O)  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;

                                    Exh. A-12
<Page>

          (xxxiii)  Except in the case of each of the CBA Mortgage Loans,
respectively, 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

                                    Exh. A-13
<Page>

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;

                                    Exh. A-14
<Page>

          (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

                                    Exh. A-15
<Page>

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

                                    Exh. A-16
<Page>

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. and KeyBank National
Association pursuant to those certain Mortgage Loan Purchase Agreements, each
dated as of May 1, 2005, between Depositor and Column Financial, Inc. and
KeyBank National Association, 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.

          (lix)     With respect to the Mortgaged Property related to the
Mortgage Loan identified on the Mortgage Loan Schedule as [[name hospitality
properties]], to Seller's knowledge as of the date of the Mortgage Loan's
origination, all related franchise agreements were in full force and effect and
there were no defaults thereunder.

                                    Exh. A-17
<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 Column Financial, Inc.
("COLUMN");

          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-C2 (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.

                                    Exh. B-1
<Page>

                              COLUMN FINANCIAL, INC.

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

Sworn to before me this _____

day of __________, 2005

                                    Exh. B-2<Page>
                                                                     Exhibit 4.3

                                                                  EXECUTION COPY

              CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP.
                                   (Depositor)

                                       and

                          KEYBANK NATIONAL ASSOCIATION
                                    (Seller)

                                   ----------

                        MORTGAGE LOAN PURCHASE AGREEMENT

                            Dated as of May 18, 2005

                                   ----------

<Page>

                                TABLE OF CONTENTS

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

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

Exhibit A     Representations and Warranties Regarding the Mortgage Loans
Exhibit B     Form of Lost Note Affidavit
</Table>

                                        i
<Page>

                        MORTGAGE LOAN PURCHASE AGREEMENT

          This Mortgage Loan Purchase Agreement (this "AGREEMENT"), dated as of
May 18, 2005, is made by and between KEYBANK NATIONAL ASSOCIATION, a national
banking association ("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, in the Pooling and Servicing Agreement specified on such Schedule of
Transaction Terms.

          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 written receipt, pursuant to an arrangement between Seller and the
Trustee; PROVIDED, HOWEVER, that ITEM (xvi) 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; and PROVIDED, FURTHER, that Seller shall pay (or
cause the related Borrower to pay) any costs of the assignment or amendment of
each letter of credit described under said ITEM (xvi) required in order for the
Trustee to draw on such letter of credit pursuant to the terms of the Pooling
and Servicing Agreement and shall deliver the related assignment or amendment
documents within thirty (30) days after the Closing Date. In addition, prior to
such assignment or amendment of a letter of credit, Seller will take all
necessary steps to enable the applicable Master Servicer to draw on the related
letter of credit on behalf of the Trustee pursuant to the terms of the Pooling
and Servicing Agreement, including, if necessary, drawing on the letter of
credit in its own name pursuant to written instructions to draw from the
applicable Master Servicer and upon receipt, immediately remitting the proceeds
of such draw (or causing such proceeds to be remitted) to the applicable Master
Servicer.

          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

<Page>

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 Sidley Austin Brown & Wood
LLP, 787 Seventh Avenue, New York, New York 10019, 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 payable in accordance with instructions
     previously provided to Depositor by Seller. 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. The "MORTGAGE LOAN PURCHASE PRICE" shall
     be the price mutually agreed upon as such in writing between Depositor and
     Seller.

                 (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 prepayment premiums received on or with
respect to the Mortgage Loans after the Cut-off Date, other than any such
payments of interest or principal or prepayment premiums 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:

                 (i)     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

                                        2
<Page>

     and a true and complete copy of the Note), bearing, or accompanied by, all
     prior and intervening endorsements or assignments 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-C2, without recourse, representation or warranty, express or
     implied";

                 (ii)    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, certified
     copies or 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;

                 (iii)   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-C2";

                 (iv)    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;

                 (v)     an original assignment of any related Assignment of
     Leases (if such item is a document separate from 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-C2";

                 (vi)    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;

                 (vii)   an original assignment of any related Security
     Agreement (if such item is a document separate from the Mortgage), from
     Seller (or the Mortgage Loan Originator) either in blank or to "Wells Fargo
     Bank, N.A., as trustee for the registered

                                        3
<Page>

     Holders of Credit Suisse First Boston Mortgage Securities Corp., Commercial
     Mortgage Pass-Through Certificates, Series 2005-C2," 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);

                 (viii)  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;

                 (ix)    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;

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

                 (xi)    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;

                 (xii)   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;

                 (xiii)  with respect to any debt of a Borrower or mezzanine
     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

                                        4
<Page>

     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);

                 (xiv)   with respect to any Cash Collateral Accounts and
     Lock-Box Accounts, an original or copy of any related account control
     agreement and a copy of the UCC Financing Statements, if any, submitted for
     filing with respect to Seller's security interest in the Cash Collateral
     Accounts and Lock-Box Accounts and all funds contained therein (together
     with UCC Financing Statement assignments in a form suitable for filing or
     recording, sufficient to transfer such security interest to the Trustee on
     behalf of the Certificateholders);

                 (xv)    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);

                 (xvi)   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;

                 (xvii)  any related environmental insurance policy and any
     environmental guarantee or indemnity agreement or copies thereof;

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

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

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

                 (xxi)   a checklist of the documents included in the subject
     Mortgage File.

          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 (ii), (iv), (viii),
(xi) (other than assignments of UCC Financing Statements to be recorded or filed
in accordance with the transfer contemplated by this Agreement) and (xii) of the
last sentence of the first paragraph of this SECTION 3, 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, 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

                                        5
<Page>

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, within 120 days after 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 recording or filing 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 (ii), (iv), (viii),
(xi) (other than assignments of UCC Financing Statements to be recorded or filed
in accordance with the transfer contemplated by this Agreement) and (xii) of the
last sentence of the first paragraph of this SECTION 3, 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 or its
designee 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 or its designee 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 or its designee 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 (iii), (v) and
(xi) of the last sentence of the first paragraph of this SECTION 3
(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 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

                                        6
<Page>

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, financial statements, operating
statements and any other information provided by the respective Borrower from
time to time, but excluding any documents and other writings not enumerated in
this parenthetical that have been prepared by Seller or any of its Affiliates
solely for internal credit analysis or other internal uses or any
attorney-client privileged communication) 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.

          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).

          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

                                        7
<Page>

Mortgage Loans hereunder, exclusive in each case of documents prepared by Seller
or any of its Affiliates solely for internal credit analysis or other internal
uses or any attorney-client privileged communication, 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.

          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, Seller shall
cause all of its financial and accounting records to reflect such transfer as a
sale (as opposed to a secured loan). 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;

                                        8
<Page>

                 (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 and
the Special Servicer in connection with any additional powers or revisions
thereto that are requested by such parties.

          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:

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<Page>

                 (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
     national banking association in good standing under the laws of the United
     States of America. 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, investigation, 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 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

                                       10
<Page>

     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.

                 (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,

                                       11
<Page>

     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 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.

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<Page>

                 (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 (subject to the
exceptions to such representations and warranties set forth in the Exception
Report), as of the date hereof in SECTION 6(a)(xii) or as of the Closing Date
pursuant to SECTION 4(b)(iii) or, in the case of 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 any Mortgage Loan or any successor REO Loan with respect thereto or the
interests of the Holders of any Class of Certificates (in which case such Breach
or Defect shall be a "MATERIAL BREACH" or a "MATERIAL DEFECT," as applicable),
then 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

                                       13
<Page>

request (subject to the second succeeding paragraph, the "INITIAL RESOLUTION
PERIOD"): (i) cure such Breach or Defect 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
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. 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
such Qualified Substitute Mortgage Loan(s) during or prior to 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

                                       14
<Page>

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 (ix) of the last
sentence of the first paragraph of SECTION 3 hereof; (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
Servicer File of any required original letter of credit, 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. In addition, Seller shall cure
any Defect described in CLAUSE (b), (c), (e) or (f) of the immediately preceding
sentence as required in Section 2.02(b) of the Pooling and Servicing Agreement.
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 such other Crossed Mortgage Loans satisfy the Crossed
Mortgage Loan Repurchase Criteria (as defined in the Pooling and Servicing
Agreement) and Seller can satisfy all other criteria for substitution or
repurchase of the affected Mortgage Loan(s) set forth in the

                                       15
<Page>

Pooling and Servicing Agreement. 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 Mortgage Loan if the affected
Mortgaged Property may be released pursuant to the terms of any partial release
provisions in the related Mortgage Loan Documents and the remaining Mortgaged
Property(ies) satisfy 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, receipt of the Mortgage File(s) for the related Qualified
Substitute Mortgage Loans(s)), shall promptly release the related Mortgage File
and Servicer File or cause them to be released, to Seller and shall execute and
deliver such instruments of transfer 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.

          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

                                       16
<Page>

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. 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
Seller of the parenthetical in representation (xxviii)(1) set forth on Exhibit A
hereto. 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 Seller of representation (liii)(F) set forth on Exhibit A hereto.

          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

                                       17
<Page>

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.

                                       18
<Page>

          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 transmitted via facsimile 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,
Facsimile No.: (212) 743-4756 (with a copy to Casey McCutcheon, Esq., Legal &
Compliance Department, Facsimile No.: (917) 326-8433), or such other address or
facsimile number as may be designated by Depositor to Seller in writing, or (b)
if sent to Seller, will be mailed, delivered or transmitted via facsimile and
confirmed to it at KeyBank National Association, 911 Main Street, Suite 1500,
Kansas City, Missouri 64105, Attention: Clay M. Sublett, Facsimile No.: (816)
221-8848 (with a copy to Robert C. Bowes, 127 Public Square, Cleveland, Ohio
44114, Facsimile No.: (216) 689-5681), or such other address or facsimile 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, permitted assigns and legal representatives, 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 Persons and for the benefit of no other Person; it being
understood that (a) the indemnities of Seller contained in that certain
Indemnification Agreement dated May 18, 2005, among Seller, Depositor, the
Initial Purchaser and the Underwriters, relating to, among other things,
information regarding the Mortgage Loans in the Prospectus Supplement and the
Offering Circular, subject to all limitations therein contained, shall also be
for the benefit of the officers and directors of Depositor, the Underwriters and
the Initial Purchaser and any person or persons who control Depositor, the
Underwriters and the Initial Purchaser within the meaning of Section 15 of the
Securities Act or Section 20 of the Securities Exchange Act of 1934, as amended,
and (b) 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.

                                       19
<Page>

          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;

                                       20
<Page>

          (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, financial 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.

                                      * * *

                                       21
<Page>

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

                                                KEYBANK NATIONAL ASSOCIATION,
                                                as Seller

                                                By:/s/ Clay M. Sublett
                                                   -----------------------------
                                                   Name: Clay M. Sublett
                                                   Title: Authorized Official

                                                CREDIT SUISSE FIRST BOSTON
                                                MORTGAGE SECURITIES CORP.,
                                                as Depositor

                                                By:/s/ Jeffrey A. Altabet
                                                   -----------------------------
                                                   Name: Jeffrey A. Altabet
                                                   Title: Vice President

<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
May 18, 2005, between KeyBank National Association and Credit Suisse First
Boston Mortgage Securities Corp. 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 May 18, 2005, between Depositor and the Initial Purchaser.

          "CERTIFICATES" means the Credit Suisse First Boston Mortgage
Securities Corp., Commercial Mortgage Pass-Through Certificates, Series 2005-C2.

          "CLOSING" shall have the meaning given that term in SECTION 2 of this
Agreement.

          "CLOSING DATE" means May 26, 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 May 2005.

          "DEFECT" shall have the meaning given such term in SECTION 7 of this
Agreement.

          "DEPOSITOR" shall have the meaning given such term in the first
sentence of this Agreement.

                                    Sch. I-1
<Page>

          "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 May
18, 2005, describing certain classes of the Private Certificates.

                                    Sch. I-2
<Page>

          "POOLING AND SERVICING AGREEMENT" means the Pooling and Servicing
Agreement creating the Trust Fund and the interests therein, dated as of May 1,
2005, among Depositor, the Master Servicer, the Special Servicer 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 February 18, 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 May 18,
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-4, Class A-1-A, Class A-MFL, Class A-MFX, Class A-J,
Class B, Class C and Class D Certificates.

          "SELLER" shall have the meaning given such term in the first sentence
of this Agreement.

          "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 (subject to the first proviso in Section 1).

          "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, KeyBanc Capital
Markets, a division of McDonald Investments Inc., Greenwich Capital Markets,
Inc. and Wachovia Capital Markets, LLC.

          "UNDERWRITING AGREEMENT" means the Underwriting Agreement, dated May
18, 2005, between Depositor and the Underwriters.

                                    Sch. I-3
<Page>

                                                                     SCHEDULE II

                             MORTGAGE LOAN SCHEDULE

                              Please see attached.

                                    Sch. II-1

<Page>

CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP.
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2005-C2

<Table>
<Caption>
 #    CROSSED  PROPERTY NAME                                          ADDRESS
-----------------------------------------------------------------------------------------------
<S>            <C>                                       <C>
 22            Elk Grove Marketplace                     8507-8519 Bond Road
 23            Plaza 600                                 600 Stewart Street
 31            Five Star Plaza                           6850 Five Star Boulevard
 38            Rockford Crossings                        249, 269, 275, 277 and 281 Deane Drive
 52            Sony Computer Entertainment Building      10030 Barnes Canyon Road
 58            Zanesville Country Fair Shopping Center   3387 Maple Avenue
 62            Bridgeport Landing                        2700 Bridgeport Way West
 67            Highwood Village Apartments               174 St. Anselm's Drive
 72            Phenix Crossing Shopping Center           5408 Summerville Road
 73            Centennial-Hanford Center Phase II        168-204 North 12th Avenue
 81            Stowaway Self Storage                     3044 Washington Road
 85            Washington Road Self Storage              4080 Washington Road
 86            Village of Overland Pointe                8301-8651 West 135th St.
 88            Teakwood Village Apartments               515 Gardere Lane
108            Bell & Grand Mini Storage                 13331 West Bell Road
116            Consolidated Metco Building               171 Great Oak Drive
117            Fiesta Center II                          1285 - 1307 West Lane Avenue
122            Sunrise Apartments                        1429 East 46th Street
127            Roundy's Ground Lease                     760 West Johnson Street
128            West Burlington Shopping Center           411 West Agency Road
</Table>

                                    Sch. II-2

<Page>

<Table>
<Caption>
                                                                                   ZIP     MORTGAGE   NET MORTGAGE     ORIGINAL
 #    CROSSED  PROPERTY NAME                                 CITY           STATE  CODE      RATE         RATE         BALANCE
---------------------------------------------------------------------------------------------------------------------------------
<S>            <C>                                       <C>                  <C>  <C>      <C>         <C>          <C>
 22            Elk Grove Marketplace                     Elk Grove            CA   95624    5.4900%     5.36865%     $ 26,900,000
 23            Plaza 600                                 Seattle              WA   98101    5.4400%     5.38865%     $ 22,000,000
 31            Five Star Plaza                           Rocklin              CA   95677    5.6600%     5.60865%     $ 15,000,000
 38            Rockford Crossings                        Rockford             IL   61107    5.2900%     5.23865%     $ 11,440,000
 52            Sony Computer Entertainment Building      San Diego            CA   92121    5.4200%     5.31865%     $  8,500,000
 58            Zanesville Country Fair Shopping Center   Zanesville           OH   43701    5.7000%     5.59865%     $  7,600,000
 62            Bridgeport Landing                        University Place     WA   98466    5.5600%     5.50865%     $  6,600,000
 67            Highwood Village Apartments               Goffstown            NH   03045    5.4600%     5.35865%     $  6,100,000
 72            Phenix Crossing Shopping Center           Phenix City          AL   36867    5.0300%     4.97865%     $  5,535,000
 73            Centennial-Hanford Center Phase II        Hanford              CA   93230    5.4500%     5.34865%     $  5,475,000
 81            Stowaway Self Storage                     Augusta              GA   30907    5.3600%     5.30865%     $  4,950,000
 85            Washington Road Self Storage              Martinez             GA   30907    5.3600%     5.30865%     $  4,725,000
 86            Village of Overland Pointe                Overland Park        KS   66223    5.1500%     5.09865%     $  4,625,000
 88            Teakwood Village Apartments               Baton Rouge          LA   70820    5.5300%     5.47865%     $  4,600,000
108            Bell & Grand Mini Storage                 Surprise             AZ   85374    5.7300%     5.67865%     $  3,585,000
116            Consolidated Metco Building               Canton               NC   28716    6.3300%     6.27865%     $  3,150,000
117            Fiesta Center II                          Columbus             OH   43221    5.5000%     5.44865%     $  3,100,000
122            Sunrise Apartments                        Tacoma               WA   98404    5.6500%     5.59865%     $  2,858,000
127            Roundy's Ground Lease                     Fond Du Lac          WI   54935    5.7500%     5.64865%     $  2,375,000
128            West Burlington Shopping Center           West Burlington      IA   52655    5.7200%     5.66865%     $  2,319,000

<Caption>
                                                                        REM.                                ORIG           REM.
                                                          CUT-OFF      TERM TO     MATURITY                 AMORT.         AMORT.
 #    CROSSED  PROPERTY NAME                              BALANCE      MATURITY      DATE       ARD         TERM           TERM
------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>                                      <C>               <C>     <C>         <C>       <C>            <C>
 22            Elk Grove Marketplace                    $ 26,870,501      119      4/1/2015        N/A       360            359
 23            Plaza 600                                $ 21,975,647      119      4/1/2015        N/A       360            359
 31            Five Star Plaza                          $ 15,000,000      120      5/1/2015        N/A       360            360
 38            Rockford Crossings                       $ 11,440,000      120      5/1/2035   5/1/2015       360            360
 52            Sony Computer Entertainment Building     $  8,500,000      120      5/1/2015        N/A       360            360
 58            Zanesville Country Fair Shopping Center  $  7,591,990      119      4/1/2015        N/A       360            359
 62            Bridgeport Landing                       $  6,600,000      120      5/1/2015        N/A       360            360
 67            Highwood Village Apartments              $  6,087,444      118      3/1/2015        N/A       360            358
 72            Phenix Crossing Shopping Center          $  5,535,000      60       5/1/2010        N/A  Interest Only  Interest Only
 73            Centennial-Hanford Center Phase II       $  5,468,951      119      4/1/2015        N/A       360            359
 81            Stowaway Self Storage                    $  4,950,000      120      5/1/2015        N/A       300            300
 85            Washington Road Self Storage             $  4,725,000      120      5/1/2015        N/A       300            300
 86            Village of Overland Pointe               $  4,625,000      120      5/1/2035   5/1/2015       360            360
 88            Teakwood Village Apartments              $  4,592,868      119      4/1/2015        N/A       300            299
108            Bell & Grand Mini Storage                $  3,581,243      119      4/1/2015        N/A       360            359
116            Consolidated Metco Building              $  3,145,681      59       4/1/2030   4/1/2010       300            299
117            Fiesta Center II                         $  3,096,607      119      4/1/2015        N/A       360            359
122            Sunrise Apartments                       $  2,839,994      114     11/1/2014        N/A       360            354
127            Roundy's Ground Lease                    $  2,371,439      119      4/1/2015        N/A       300            299
128            West Burlington Shopping Center          $  2,316,565      119      4/1/2015        N/A       360            359

<Caption>
                                                                        UNITS/
                                                                       SQ. FT./
                                                            MONTHLY     ROOMS/    INTEREST CALCULATION
 #    CROSSED  PROPERTY NAME                                PAYMENT      PADS     (30/360 / ACTUAL/360)
-------------------------------------------------------------------------------------------------------
<S>            <C>                                         <C>          <C>            <C>
 22            Elk Grove Marketplace                       $ 152,567    188,762        Actual/360
 23            Plaza 600                                   $ 124,087    213,596        Actual/360
 31            Five Star Plaza                             $  86,680    133,451        Actual/360
 38            Rockford Crossings                          $  63,456     89,047        Actual/360
 52            Sony Computer Entertainment Building        $  47,836     43,519        Actual/360
 58            Zanesville Country Fair Shopping Center     $  44,110    164,583        Actual/360
 62            Bridgeport Landing                          $  37,723     36,944        Actual/360
 67            Highwood Village Apartments                 $  34,482        120        Actual/360
 72            Phenix Crossing Shopping Center                23,201     56,563          30/360
 73            Centennial-Hanford Center Phase II          $  30,915     44,528        Actual/360
 81            Stowaway Self Storage                       $  29,985    109,600        Actual/360
 85            Washington Road Self Storage                $  28,622     98,800        Actual/360
 86            Village of Overland Pointe                  $  25,254     20,055        Actual/360
 88            Teakwood Village Apartments                 $  28,331        134        Actual/360
108            Bell & Grand Mini Storage                   $  20,876     81,635        Actual/360
116            Consolidated Metco Building                 $  20,936    228,000        Actual/360
117            Fiesta Center II                            $  17,601     16,616        Actual/360
122            Sunrise Apartments                          $  16,497         75        Actual/360
127            Roundy's Ground Lease                       $  14,941     61,000          30/360
128            West Burlington Shopping Center             $  13,489     26,100        Actual/360
</Table>

<Page>

<Table>
<Caption>
                                                            ADMINISTRATION                                       EARTHQUAKE
 #    CROSSED  PROPERTY NAME                                     FEES        DUE DATE   ARD (Y/N)   DEFEASANCE    INSURANCE
---------------------------------------------------------------------------------------------------------------------------
<S>            <C>                                            <C>                <C>       <C>          <C>          <C>
 22            Elk Grove Marketplace                          0.12135%           1          No          Yes          No
 23            Plaza 600                                      0.05135%           1          No          Yes          No
 31            Five Star Plaza                                0.05135%           1          No          Yes          No
 38            Rockford Crossings                             0.05135%           1         Yes          Yes          N/A
 52            Sony Computer Entertainment Building           0.10135%           1          No          No           No
 58            Zanesville Country Fair Shopping Center        0.10135%           1          No          Yes          N/A
 62            Bridgeport Landing                             0.05135%           1          No          Yes          No
 67            Highwood Village Apartments                    0.10135%           1          No          Yes          N/A
 72            Phenix Crossing Shopping Center                0.05135%           1          No          No           N/A
 73            Centennial-Hanford Center Phase II             0.10135%           1          No          Yes          No
 81            Stowaway Self Storage                          0.05135%           1          No          Yes          N/A
 85            Washington Road Self Storage                   0.05135%           1          No          Yes          N/A
 86            Village of Overland Pointe                     0.05135%           1         Yes          Yes          N/A
 88            Teakwood Village Apartments                    0.05135%           1          No          Yes          N/A
108            Bell & Grand Mini Storage                      0.05135%           1          No          No           N/A
116            Consolidated Metco Building                    0.05135%           1         Yes          Yes          N/A
117            Fiesta Center II                               0.05135%           1          No          Yes          N/A
122            Sunrise Apartments                             0.05135%           1          No          Yes          No
127            Roundy's Ground Lease                          0.10135%           1          No          No           N/A
128            West Burlington Shopping Center                0.05135%           1          No          No           N/A

<Caption>
                                                            ENVIRONMENTAL      FEE/       LETTER OF     LOAN GROUP
 #    CROSSED  PROPERTY NAME                                  INSURANCE      LEASEHOLD   CREDIT (Y/N)       #
------------------------------------------------------------------------------------------------------------------
<S>            <C>                                               <C>         <C>              <C>           <C>
 22            Elk Grove Marketplace                             No             Fee           No            1
 23            Plaza 600                                         No             Fee           No            1
 31            Five Star Plaza                                   No             Fee           No            1
 38            Rockford Crossings                                No             Fee           No            1
 52            Sony Computer Entertainment Building              No             Fee           No            1
 58            Zanesville Country Fair Shopping Center           No             Fee           No            1
 62            Bridgeport Landing                                No             Fee           No            1
 67            Highwood Village Apartments                       No             Fee           No            2
 72            Phenix Crossing Shopping Center                   No             Fee           No            1
 73            Centennial-Hanford Center Phase II                No             Fee           No            1
 81            Stowaway Self Storage                             No             Fee           No            1
 85            Washington Road Self Storage                      No             Fee           No            1
 86            Village of Overland Pointe                        No             Fee           No            1
 88            Teakwood Village Apartments                       No             Fee           No            2
108            Bell & Grand Mini Storage                         No             Fee           No            1
116            Consolidated Metco Building                       No             Fee           No            1
117            Fiesta Center II                                  No          Leasehold        No            1
122            Sunrise Apartments                                No             Fee           No            2
127            Roundy's Ground Lease                             No             Fee           No            1
128            West Burlington Shopping Center                   No             Fee           No            1
</Table>

<Page>

                                                                    SCHEDULE III

                   MORTGAGE LOANS CONSTITUTING MORTGAGE GROUPS

                                      None.

                                   Sch. III-1
<Page>

                                                                     SCHEDULE IV

                         MORTGAGE LOANS WITH LOST NOTES

                                      None.

                                    Sch. IV-1
<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:

     (a)  Reference is made to the Representations and Warranties set forth in
EXHIBIT A attached hereto corresponding to the paragraph numbers set forth
below:

EXCEPTION (xx):

     Correspondent fees are payable with respect to each of the following
Mortgage Loans:

               Loan No. 10024138/Elk Grove Marketplace
               Loan No. 10026435/Highwood Village
               Loan No. 10025345/Centennial-Hanford Center II
               Loan No. 10024989/Zanesville County Fair

EXCEPTION (xxiii):

     With respect to each of the following Mortgage Loans, the insurer that
issued the fire and extended perils insurance policy met the requirements of the
Pooling and Servicing Agreement regarding a Moody's rating, but did not meet the
requirements regarding an S&P rating:

               Loan No. 10026728/West Burlington Shopping Center
               Loan No. 10025184/Sony Computer Entertainment Building
               Loan No. 10027006/Village of Overland Pointe

     With respect to each of the following Mortgage Loans, the insurer that
issued the fire and extended perils insurance policy did not meet the
requirements regarding an S&P rating and was not rated by Moody's:

               Loan No. 10026291/Consolidated Metco Building
               Loan No. 10026681/Bell & Grand Mini Storage
               Loan No. 10026875/Plaza 600
               Loan No. 10025867/Five Star Plaza

     With respect to Loan Nos. 10026795/Phenix Crossing, the related Mortgage
Loan documents provide that the related borrower is required to maintain
insurance coverage for acts of terrorism if such coverage is commercially
reasonable for properties similar to the related Mortgaged Property; provided,
however, that the related borrower will not be required to maintain such
terrorism coverage if (i) borrower confirms in writing that it will protect and
hold the mortgagee harmless from losses associated with terrorism risks by,
among other things, depositing with the mortgagee sums sufficient to pay all
uninsured costs related to a restoration

                                    Sch. V-1
<Page>

following any act of terrorism, or prepaying the related Mortgage Loan in
accordance with the provisions of the related Mortgage Loan documents (including
payment of applicable prepayment consideration), and (ii) the indemnitor for the
related Mortgage Loan executes a guaranty pursuant to which such indemnitor
guarantees payment of all losses associated with terrorism risks and such
indemnitor maintains a specified net worth and a specified loan to value ratio
for all properties in which such entity has a direct or indirect ownership
interest.

     With respect to Loan No. 10026875/Plaza 600, the related Mortgage Loan
documents provide that the related borrower is not required to carry terrorism
coverage if the cost of such coverage exceeds 150% of the cost of such coverage
as of the date of the closing of the Mortgage Loan.

EXCEPTION (xxxi):

     The following exceptions are applicable with respect to Loan No.
10026317/Fiesta Center II:

          (B)  the ground lease provides that no modification that would change
     the lease term or materially affect the leasehold mortgagee may be made
     without the leasehold mortgagee's consent, but it does not provide that any
     such action without such consent is not binding on the leasehold mortgagee,
     its successors and assigns.

          (C)  The ground lease extends 8 rather than 10 years beyond the
amortization term of the related Mortgage Loan.

          (L)  The ground lease provides that in the event of a termination of
     the ground lease due to a default by borrower/lessee, the lessor will enter
     into a new lease with the leasehold mortgagee, but it does not expressly
     address a rejection of the ground lease in a bankruptcy proceeding.

EXCEPTION (xxxviii):

     With respect to Loan No. 10026753/Teakwood Village Apartments, the related
borrower may incur additional debt secured by the related mortgaged real
property on a subordinate basis upon the written approval of the holder of the
related mortgage and the satisfaction of various specified conditions, including
specified debt-service-coverage and loan-to-value ratios, execution of an
intercreditor and subordination agreement by an institutional lender, execution
of a lockbox agreement and, if required, receipt of rating agency confirmation.

     With respect to Loan No. 10025867/Five Star Plaza, in connection with a
sale of the related Mortgaged Property and assumption of the Mortgage Loan which
may be approved by the holder of the related Mortgage, the members of the
borrowing entity may obtain mezzanine financing secured by such ownership
interests upon the prior approval of the holder of the related Mortgage and the
satisfaction of various specified conditions, including specified debt service
coverage and loan-to-value ratios, execution of an intercreditor agreement by
the mezzanine lender and establishment of a lockbox arrangement.

                                    Sch. V-2
<Page>

EXCEPTION (xxxix):

     With respect to Loan Nos. 10023643/Forest Plaza (Roundys), 10026681/Bell &
Grand and 10025867/Five Star Plaza, the related Mortgage Loan documents do not
include an express covenant by the borrower that it shall remain in material
compliance with all material licenses, permits and other legal requirements
necessary and required to conduct its business, but the Mortgage Loan documents
do include a covenant by the borrower that it will comply with all laws,
ordinances and regulations governing the use of the Mortgaged Property.

EXCEPTION (xl):

     With respect to Loan No. 10026317/Fiesta Center II, the Mortgaged Property
is not a separate tax lot, but it is exempt from taxation because the Mortgaged
Property is ground leased from the state. The Mortgage Loan documents provide
that Lender may require the Mortgaged Property to be a separate tax lot if it is
ever subject to taxation.

         With respect to Loan No. 10026795/Phenix Crossing, the Mortgaged
Property was recently subject to a lot split. All steps have been taken to cause
the Mortgaged Property to be a separate tax lot in the next tax year and an
endorsement to the related title insurance policy to such effect was obtained.

EXCEPTION (xli):

     With respect to Loan No. 10026753/Teakwood Village Apartments, the
Mortgaged Property is located in flood zone "AE". The related Mortgage Loan
documents include a $2,312,000 cap on the amount of flood insurance that may be
required by the holder of the related Mortgage. This cap was determined by
applying FEMA's loss estimating guidelines to calculate a damage cost estimate
for a flood at the Mortgaged Property.

EXCEPTION (xlvii):

     With respect to Loan No. 10026753/Teakwood Village Apartments, the related
Borrower has the right to obtain the release of an unimproved portion of the
Mortgaged Property, identified in the related Mortgage, without payment of a
release price or partial defeasance, upon satisfaction of various specified
criteria, including, among other things, satisfaction of specified loan to value
and debt service coverage ratios.

EXCEPTION (lv):

     With respect to Loan No. 10026291/Consolidated Metco Building, the
Anticipated Repayment Date is five years following the origination of the
Mortgage Loan.

                                    Sch. V-3
<Page>

                                                                       EXHIBIT A

                         REPRESENTATIONS AND WARRANTIES
                          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;

                                    Exh. A-1
<Page>

          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

                                    Exh. A-2
<Page>

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;

          (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 each of the CBA Mortgage Loans, respectively, 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

                                    Exh. A-3
<Page>

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

                                    Exh. A-4
<Page>

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
each of the CBA Mortgage Loans, respectively, 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;

                                    Exh. A-5
<Page>

          (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 the origination, servicing and collection of each Mortgage Loan is in
all respects legal, proper and prudent in accordance with customary commercial
mortgage lending standards, 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 that have
been disbursed on or prior to the date hereof have been complied with in all
material respects;

                                    Exh. A-6
<Page>

          (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;

                                    Exh. A-7
<Page>

          (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

                                    Exh. A-8
<Page>

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

                                    Exh. A-9
<Page>

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;

                                    Exh. A-10
<Page>

          (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;

                                    Exh. A-11
<Page>

          (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 each of the CBA Mortgage Loans,
respectively, 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

                                    Exh. A-12
<Page>

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;

                                    Exh. A-13
<Page>

          (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,

                                    Exh. A-14
<Page>

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

                                    Exh. A-15
<Page>

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. and KeyBank National
Association pursuant to those certain Mortgage Loan Purchase Agreements, each
dated as of May 1, 2005, between Depositor and Column Financial, Inc. and
KeyBank National Association, respectively, as of the Cut-off Date;

                                    Exh. A-16
<Page>

          (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.

                    (lix)     With respect to the Mortgaged Property related to
the Mortgage Loan identified on the Mortgage Loan Schedule as [[name hospitality
properties]], to Seller's knowledge as of the date of the Mortgage Loan's
origination, all related franchise agreements were in full force and effect and
there were no defaults thereunder.

                                    Exh. A-17
<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 KeyBank National
Association ("KEYBANK");

          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-C2 (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.

                                    Exh. B-1
<Page>

                                               KEYBANK NATIONAL ASSOCIATION

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

Sworn to before me this _____
day of __________, 2005

                                    Exh. B-2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00086-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00086-of-00352.parquet"}]]