Document:

Barclays Capital
                                                         5 The North Colonnade
                                                         Canary Wharf
                                                         London E14 4BB

                                                         Tel +44 (0)20 7623 2323

To:           Wells Fargo Bank, N.A. as master servicer on behalf of the Wells
              Fargo Mortgage Backed Securities 2006-16 Trust (such trust, the
              "Issuing Entity") created under the Pooling and Servicing
              Agreement (as defined below)
Attn:         Wells Fargo Bank, N.A.
              9062 Old Annapolis Road
              Columbia, Maryland 21045
              Client Manager - Wells Fargo Mortgage Backed Securities,
              Series 2006-16
              Telephone: 410-884-2000
              Facsimile: 410-715-2380
From:         BARCLAYS BANK PLC (LONDON HEAD OFFICE)
Attn:         5 The North Colonnade
              Canary Wharf
              E14 4BB
              Facsimile: 44(20) 77736461
              Phone: 44(20) 77736810
Date:         October 30, 2006
Reference:    1425588B/1425589B

Dear Sir/Madam,

The purpose of this letter agreement is to confirm the terms and conditions of
the transaction entered into between Wells Fargo Bank, N.A. as master servicer
(the "Master Servicer") under the Pooling and Servicing Agreement (as defined
below) on behalf of the Issuing Entity and Barclays Bank PLC (each a "party" and
together "the parties") on the Trade Date specified below (the "Transaction").
This letter agreement constitutes a "Confirmation" as referred to in the ISDA
Master Agreement specified in paragraph 1 below. In this Confirmation, "Party A"
means Barclays Bank PLC and "Party B" means Wells Fargo Bank, N.A. as Master
Servicer on behalf of the Issuing Entity.

The definitions and provisions contained in the 2000 ISDA Definitions, as
published by the International Swaps and Derivatives Association, Inc. (the
"Definitions"), are incorporated into this Confirmation. In the event of any
inconsistency between the Definitions and this Confirmation, this Confirmation
will govern.

Other capitalized terms used herein (but not otherwise defined) shall have the
meaning specified in that certain Pooling and Servicing Agreement (the "Pooling
and Servicing Agreement"), to be dated as of October 30, 2006, among Wells Fargo
Asset Securities Corporation, as depositor (the "Depositor"), Wells Fargo Bank,
N.A., as Master Servicer and HSBC Bank USA, National Association, as trustee.

1       This Confirmation evidences a complete binding agreement between the
        parties as to the terms of the Transaction to which this Confirmation
        relates. In addition, the parties agree that for the purposes of this
        Transaction, this Confirmation will supplement, form a part of, and be
        subject to an agreement in the form of the 1992 ISDA Master Agreement
        (Multicurrency-Cross Border) as if the parties had executed an agreement
        in such form (but without any Schedule except for the elections noted
        below) on the Trade Date of the Transaction (such agreement, the "Form
        Master Agreement"). In the event of any inconsistency between the
        provisions of the Form Master Agreement and this Confirmation, this
        Confirmation will prevail for the purpose of this Transaction.

        Each party represents to the other party and will be deemed to represent
        to the other party on the date on which it enters into this Transaction
        that (absent a written agreement between the parties that expressly
        imposes affirmative obligations to the contrary for that Transaction):

        (a)     Non-Reliance

              Each party has made its own independent decisions to enter into
              this Transaction and as to whether this Transaction is appropriate
              or proper for it based upon its own judgment and upon advice from
              such advisors as it has deemed necessary. It is not relying on any
              communication (written or oral) of the other party as investment
              advice or as a recommendation to enter into this Transaction; it
              being understood that information and explanations related to the
              terms and conditions of this Transaction shall not be considered
              investment advice or a recommendation to enter into this
              Transaction. Further, such party has not received from the other
              party any assurance or guarantee as to the expected results of
              this Transaction.

        (b)     Evaluation and Understanding

              It is capable of evaluating and understanding (on its own behalf
              or through independent professional advice), and understands and
              accepts, the terms, conditions and risks of this Transaction. It
              is also capable of assuming, and assumes, the financial and other
              risks of this Transaction.

        (c)     Status of Parties

              The other party is not acting as an agent, fiduciary or advisor
              for it in respect of this Transaction.

2       The terms of the particular Transaction to which this Confirmation
        relates are as follows:

 Notional Amount:                    With respect to any Calculation Period the
                                     amount set forth on Schedule A attached
                                     hereto.

 Trade Date:                         October 30, 2006

 Effective Date:                     October 25, 2006

 Termination Date:                   August 25, 2013

 Fixed Amounts:

 Fixed Rate Payer:                   Party B

 Fixed Rate Payer Payment Date:      October 30, 2006

 Fixed Amount:                       USD[_______]

 Floating Amounts:

 Floating Rate Payer:                Party A

 Cap Rate:                           4.5%

 Floating Rate Payer Period          The 25th day of each month of each year,
 End Dates:                          commencing on November 25, 2006, through
                                     and including the Termination Date,
                                     subject to no adjustment.

 Floating Rate Payer Payment Dates:  Early Payment shall be applicable. The
                                     Floating Rate Payer Payment Date shall be
                                     one Business Day prior to each Floating
                                     Rate Payer Period End Date.

 Floating Rate for Initial           To be determined.
 Calculation Period:

 Floating Rate Option:               USD-LIBOR-BBA; provided, however, if the
                                     Floating Rate Option for any Calculation
                                     Period is greater than 9.0% then the
                                     Floating Rate Option for such Calculation
                                     Period shall be deemed to be 9.0%.

 Floating Amount:                    To be determined in accordance with the
                                     following formula: the greater of (i)
                                     (Floating Rate Option - Cap Rate) *
                                     Notional Amount * Floating Rate Day Count
                                     Fraction and (ii) zero.

 Designated Maturity:                1 Month

 Spread:                             None

 Floating Rate Day Count Fraction:   30/360

 Reset Dates:                        The first day of each Calculation Period.

 Business Days for Payments:         New York

 Calculation Agent:                  Party A; provided, however, that if an
                                     Event of Default occurs with respect to
                                     Party A, then Party B shall be entitled to
                                     appoint a financial institution which would
                                     qualify as a Reference Market-Maker to act
                                     as Calculation Agent (such financial
                                     institution subject to Party A's consent).

3       Form Master Agreement

        (a)     "Specified Entity" means, in relation to Party A, for the
                purpose of Section 5(a)(v), Section 5(a)(vi), Section 5(a)(vii)
                and Section 5(b)(iv): Not Applicable.

        (b)     "Specified Entity" means, in relation to Party B, for the
                purpose of Section 5(a)(v), Section 5(a)(vi), Section 5(a)(vii)
                and Section 5(b)(iv): Not Applicable.

        (c)     "Specified Transaction" is not applicable to Party A or Party B
                for any purpose, and accordingly, Section 5(a)(v) shall not
                apply to Party A or Party B.

        (d)     The "Breach of Agreement" provisions of Section 5(a)(ii) of the
                Agreement will be inapplicable to Party A and Party B.

        (e)     The "Misrepresentation" provisions of Section 5(a)(v) of the
                Agreement will be inapplicable to Party A and Party B.

        (f)     The "Cross Default" provisions of Section 5(a)(vi) will not
                apply to Party A or Party B.

        (g)     The "Credit Event Upon Merger" provisions of Section 5(b)(iv) of
                the Form Master Agreement will not apply to Party A or to Party
                B.

        (h)     The "Automatic Early Termination" provision of Section 6(a) of
                the Form Master Agreement will not apply to Party A or to Party
                B.

        (i)     The Form Master Agreement will be governed by, and construed in
                accordance with, the laws of the State of New York without
                reference to its conflict of laws provisions (except for
                Sections 5-1401 and 5-1402 of the New York General Obligations
                Law).

        (j)     The phrase "Termination Currency" means United States Dollars.

        (k)     For the purpose of Section 6(e) of the Form Master Agreement,
                Market Quotation and Second Method will apply.

4       Recording of Conversations

        Each party to this Transaction acknowledges and agrees to the tape
        (and/or other electronic) recording of conversations between the parties
        to this Transaction whether by one or other or both of the parties or
        their agents.

5       Credit Support Document

        In relation to Party A:  Credit Support Annex dated the date hereof and
                                 duly executed and delivered by Party A and
                                 Party B.

        In relation to Party B:  Not Applicable.

6       Credit Support Provider

        In relation to Party A:  Not Applicable, unless Party A has a person
                                 guarantee its payment obligations under this
                                 Agreement in order to remedy a Ratings Event,
                                 in which event such person shall be a Credit
                                 Support Provider.

       In relation to Party B:   Not Applicable.

7       Account Details

        Account for payments to Party A:

              Correspondent: BARCLAYS BANK PLC NEW YORK
              FEED: 026002574
              Beneficiary: BARCLAYS SWAPS
              Beneficiary Account: 050-01922-8

        Account for payments to Party B:

              Bank: Wells Fargo Bank, N.A.
              ABA#: 121000248
              Account Name: SAS Clearing
              Acct #: 3970771416
              FFC to: 50958602 - Class A-10 Reserve Fund

8       Offices

        The Office of Party A for this Transaction is:

              London

        The Office of Party B for this Transaction is:

              Columbia, MD

9       Additional Provisions

        Fully-Paid Transactions

              Notwithstanding the terms of Sections 5 and 6 of the Form Master
              Agreement, if at any time and so long as Party B shall have
              satisfied in full all its payment and delivery obligations under
              Section 2(a)(i) of the Form Master Agreement and shall at the time
              have no future payment or delivery obligations, whether absolute
              or contingent, under such Section, then unless Party A is required
              pursuant to appropriate proceedings to return to Party B or
              otherwise returns to Party B (upon demand of Party B, or
              otherwise) any portion of any such payment or delivery: (i) the
              occurrence of an event described in Section 5(a) of the Form
              Master Agreement with respect to Party B shall not constitute an
              Event of Default or a Potential Event of Default with respect to
              Party B as the Defaulting Party; and (ii) Party A shall be
              entitled to designate an Early Termination Date pursuant to
              Section 6 of the Form Master Agreement only as a result of the
              occurrence of a Termination Event set forth in (i) either Section
              5(b)(i) or 5(b)(ii) of the Form Master Agreement with respect to
              Party A as the Affected Party or (ii) Section 5(b)(iii) of the
              Form Master Agreement with respect to Party A as the Burdened
              Party.

10      Compliance with Regulation AB

        (a)     Party A acknowledges that for so long as there are reporting
                obligations with respect to this Transaction under Regulation
                AB, the Depositor, acting on behalf of the Issuing Entity, is
                required under Regulation AB under the Securities Act of 1933,
                as amended, and the Securities Exchange Act of 1934, as amended
                ("Regulation AB"), to disclose certain information set forth in
                Regulation AB regarding Party A or its group of affiliated
                entities, if applicable, depending on the aggregate
                "significance percentage" of this Agreement and any other
                derivative contracts between Party A or its group of affiliated
                entities, if applicable, and Party B, as calculated from time to
                time in accordance with Item 1115 of Regulation AB.

        (b)     If the Depositor determines, reasonably and in good faith, that
                the significance percentage of this Agreement has increased to
                eight (8) percent or more but less than eighteen (18) percent,
                then the Depositor may request on the date of such determination
                (or, if such date of determination is not a Business Day, the
                immediately following Business Day) from Party A the same
                information set forth in Item 1115(b)(1) of Regulation AB that
                would have been required if the significance percentage had in
                fact increased to ten (10) percent, along with any necessary
                auditors' consent (such request, a "10% Cap Disclosure Request"
                and such requested information, subject to the last sentence of
                this paragraph, is the "10% Cap Financial Disclosure"). Party B
                or the Depositor shall provide Party A with the calculations and
                any other information reasonably requested by Party A with
                respect to the Depositor's determination that led to the 10% Cap
                Disclosure Request. The parties hereto further agree that the
                10% Cap Financial Disclosure provided to meet the 10% Cap
                Disclosure Request may be, solely at Party A's option, either
                the information set forth in Item 1115(b)(1) or Item 1115(b)(2)
                of Regulation AB.

        (c)     Upon the occurrence of a 10% Cap Disclosure Request, Party A, at
                its own expense, shall (i) provide the Depositor with the 10%
                Cap Financial Disclosure, (ii) subject to Rating Agency
                Confirmation, secure another entity to replace Party A as party
                to this Agreement on terms substantially similar to this
                Agreement which entity is able to (A) provide the 10% Cap
                Financial Disclosure and (B) provide an indemnity to the
                Depositor, reasonably satisfactory to the Depositor, in relation
                to the 10% Cap Financial Disclosure or (iii) subject to Rating
                Agency Confirmation, obtain a guaranty of Party A's obligations
                under this Agreement from an affiliate of Party A that is able
                to (A) provide the 10% Cap Financial Disclosure, such that
                disclosure provided in respect of the affiliate will, in the
                judgment of counsel to the Depositor, satisfy any disclosure
                requirements applicable to Party A, and cause such affiliate to
                provide 10% Cap Financial Disclosure and (B) provide an
                indemnity to the Depositor, reasonably satisfactory to the
                Depositor, in relation to the 10% Cap Financial Disclosure. Any
                such 10% Cap Financial Disclosure provided pursuant to this
                paragraph (c) shall be in a form suitable for conversion to the
                format required for filing by the Depositor with the Securities
                and Exchange Commission via the Electronic Data Gathering and
                Retrieval System (EDGAR). If permitted by Regulation AB, any
                required 10% Cap Financial Disclosure may be provided by
                incorporation by reference from reports filed pursuant to the
                Securities Exchange Act.

        (d)     If the Depositor determines, reasonably and in good faith, that
                the significance percentage of this Agreement has increased to
                eighteen (18) percent or more, then the Depositor may request on
                the date of such determination (or, if such date of
                determination is not a Business Day, the immediately following
                Business Day) from Party A the same information set forth in
                Item 1115(b)(2) of Regulation AB that would have been required
                if the significance percentage had in fact increased to twenty
                (20) percent, along with any necessary auditors consent (such
                request, a "20% Cap Disclosure Request" and such requested
                information is the "20% Cap Financial Disclosure"). Party B or
                the Depositor shall provide Party A with the calculations and
                any other information reasonably requested by Party A with
                respect to the Depositor's determination that led to the 20% Cap
                Disclosure Request.

        (e)     Upon the occurrence of a 20% Cap Disclosure Request, Party A, at
                its own expense, shall (i) provide the Depositor with the 20%
                Cap Financial Disclosure, (ii) subject to Rating Agency
                Confirmation, secure another entity to replace Party A as party
                to this Agreement on terms substantially similar to this
                Agreement which entity is able to (A) provide the 20% Cap
                Financial Disclosure and (B) provide an indemnity to the
                Depositor, reasonably satisfactory to the Depositor, in relation
                to the 20% Cap Financial Disclosure or (iii) subject to Rating
                Agency Confirmation, obtain a guaranty of Party A's obligations
                under this Agreement from an affiliate of Party A that is able
                to (A) provide the 20% Cap Financial Disclosure, such that
                disclosure provided in respect of the affiliate will, in the
                judgment of counsel to the Depositor, satisfy any disclosure
                requirements applicable to Party A, and cause such affiliate to
                provide 20% Cap Financial Disclosure and (B) provide an
                indemnity to the Depositor, reasonably satisfactory to the
                Depositor, in relation to the 20% Cap Financial Disclosure. Any
                such 20% Cap Financial Disclosure provided pursuant to this
                paragraph (e) shall be in a form suitable for conversion to the
                format required for filing by the Depositor with the Securities
                and Exchange Commission via the Electronic Data Gathering and
                Retrieval System (EDGAR). If permitted by Regulation AB, any
                required 20% Cap Financial Disclosure may be provided by
                incorporation by reference from reports filed pursuant to the
                Securities Exchange Act.

11      Additional Termination Events

        The following Additional Termination Events will apply:

        (a)     a Ratings Event has occurred and Party A has not, within thirty
                (30) days, complied with Section 12 below, then an Additional
                Termination Event shall have occurred with respect to Party A
                and Party A shall be the sole Affected Party with respect to
                such Additional Termination Event.

        (b)     If (A) the Depositor still has a reporting obligation with
                respect to this Transaction pursuant to Regulation AB and (B)
                Party A has not, within 30 days after receipt of a 10% Cap
                Disclosure Request complied with the provisions set forth in
                clauses (b) and (c) of Paragraph 10 above (provided that if the
                significance percentage is 10% or more and less than 20% when
                the 10% Cap Disclosure Request is made or reaches 10% after a
                10% Cap Disclosure Request has been made to Party A, Party A
                must comply with the provisions set forth in clauses (b) and (c)
                of Paragraph 10 above within 3 calendar days of Party A being
                informed of the significance percentage reaching 10% or more),
                then an Additional Termination Event shall have occurred with
                respect to Party A and Party A shall be the sole Affected Party
                with respect to such Additional Termination Event.

        (c)     If (A) the Depositor still has a reporting obligation with
                respect to this Transaction pursuant to Regulation AB and (B)
                Party A has not, within 30 days after receipt of a 20% Cap
                Disclosure Request complied with the provisions set forth in
                clauses (d) and (e) of Paragraph 10 above (provided that if the
                significance percentage is 20% or more when the 20% Cap
                Disclosure Request is made or reaches 20% after a 20% Cap
                Disclosure Request has been made to Party A, Party A must comply
                with the provisions set forth in clauses (d) and (e) of
                Paragraph 10 above within 3 calendar days of Party A being
                informed of the significance percentage reaching 20% or more),
                then an Additional Termination Event shall have occurred with
                respect to Party A and Party A shall be the sole Affected Party
                with respect to such Additional Termination Event.

12      Ratings Event

        If a Ratings Event (as defined below) occurs with respect to Party A (or
        any applicable Credit Support Provider), then Party A shall, at its own
        expense, (i) assign this Transaction within thirty (30) days of such
        Ratings Event to a third party that meets or exceeds, or as to which any
        applicable credit support provider meets or exceeds, the Approved
        Ratings Thresholds (as defined below) on terms substantially similar to
        this Confirmation, which party is approved by Party B, which approval
        shall not be unreasonably withheld, (ii) obtain a guaranty of, or a
        contingent agreement of, another person with the Approval Rating
        Thresholds to honor Party A's obligations under this Agreement, provided
        that such other person is approved by Party B, such approval not to be
        unreasonably withheld, (iii) post collateral under agreements and other
        instruments satisfactory to Fitch Ratings ("Fitch"), Standard & Poor's,
        a division of The McGraw-Hill Companies ("S&P") and Moody's Investor
        Service, Inc. ("Moody's"), which will be sufficient to restore the
        immediately prior ratings of the Certificates, or (iv) establish any
        other arrangement satisfactory to Fitch, S&P and Moody's which will be
        sufficient to restore the immediately prior ratings of the Certificates.
        For avoidance of doubt, a downgrade of the ratings on the Certificates
        could occur in the event that Party A does not post sufficient
        collateral. For purposes of this Transaction, a "Ratings Event" shall
        occur with respect to Party A (or any applicable credit support
        provider) if its short term unsecured and unsubordinated debt rating is
        withdrawn or reduced below "F1" by Fitch, its short term unsecured and
        unsubordinated debt rating is withdrawn or reduced below "A-1" by S&P,
        or its short-term unsecured unsubordinated debt rating is withdrawn or
        reduced below "P-1" by Moody's (including in connection with a merger,
        consolidation or other similar transaction by Party A or any applicable
        credit support provider) such ratings being referred to herein as the
        "Approved Rating Thresholds," unless, within thirty (30) days hereafter,
        each of Fitch and Moody's has reconfirmed the ratings of the
        Certificates, as applicable, which was in effect immediately prior
        thereto (such confirmation a "Rating Agency Confirmation").

13      Waiver of Right to Trial by Jury

        EACH PARTY HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHTS TO TRIAL BY JURY
        WITH RESPECT TO ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS
        TRANSACTION.

14      Eligible Contract Participant

        Each party represents to the other party that it is an "eligible
        contract participant" as defined in Section 1a(12) of the U.S. Commodity
        Exchange Act, as amended.

15      Multibranch Party

        For purpose of Section 10(c) of the Form Master Agreement: (a) Party A
        is a Multibranch Party; and (b) Party B is not a Multibranch Party.

16      Other provisions

        (d)     Addresses for notices. As set forth on page 1 hereof.

        (e)     For the purpose of Section 13(c) of the Form Master Agreement:
                (i) Party A appoints as its Process Agent, not applicable; and
                (ii) Party B appoints as its Process Agent, not applicable.

        (f)     Section 12(a)(ii) of the Form Master Agreement is deleted in its
                entirety.

        (g)     Documents to be Delivered. For the purpose of Section 4(a) of
                the Form Master Agreement:
<TABLE>
<CAPTION>
 Party required to      Form/Document/Certificate      Date by which to   Covered by Section
  deliver document                                       be delivered     3(d) Representation
---------------------------------------------------------------------------------------------
<S>                   <C>                             <C>                    <C>
Party A and Party B   A certificate of an             Upon the               Yes
                      authorized officer of the       execution and
                      party, as to the incumbency     delivery of this
                      and authority of the            Confirmation
                      respective officers of the
                      party signing this
                      Confirmation

Party A               Legal opinion satisfactory in   Upon execution         No
                      form and substance to Party B   and delivery of
                      relating to the enforceability  this Confirmation
                      of Party A's obligations under
                      this Agreement

Party B               The Pooling and Servicing       Within 30 days of      Yes
                      Agreement                       October 30, 2006
</TABLE>

        (h)     Limitation of Liability

                It is expressly understood and agreed by the parties hereto that
                (a) this letter agreement is executed and delivered by Wells
                Fargo Bank, N.A., not individually or personally but solely as
                the Master Servicer on behalf of the Issuing Entity, in the
                exercise of the powers and authority conferred and vested in it,
                (b) the representations, undertakings and agreements herein are
                made on the part of the Issuing Entity and intended not as
                personal representations, undertakings and agreements by the
                Master Servicer but are made and intended for the purpose of
                binding only the Issuing Entity, (c) nothing herein contained
                shall be construed as creating any liability on Wells Fargo
                Bank, N.A., individually or personally, to perform any covenant
                either expressed or implied contained herein, all such
                liability, if any, being expressly waived by the parties who are
                signatories to this letter agreement and by any person claiming
                by, through or under such parties, and (d) under no
                circumstances shall Wells Fargo Bank, N.A. be personally liable
                for the payment of any indebtedness or expenses of the Issuing
                Entity or be liable for the breach or failure of any obligation,
                representation, warranty or covenant made or undertaken under
                this letter agreement.

        (i)     This letter agreement may be executed in several counterparts,
                each of which shall be deemed an original but all of which
                together shall constitute one and the same instrument.

        (j)     USA PATRIOT Act Notice. Party A hereby notifies Party B that
                pursuant to the requirements of the USA PATRIOT ACT (Title III
                of Pub. L. 107-56 (signed into law October 26, 2001)), as
                amended (the "Act"), it is required to obtain, verify and record
                information that identifies Party B, which information includes
                the name and address of Party B and other information that will
                allow Party A to identify Party B in accordance with the Act.

        (k)     Proceedings

                Party A shall not institute against or cause any other person to
                institute against, or join any other person in instituting
                against, Party B, any bankruptcy, reorganization, arrangement,
                insolvency or liquidation proceedings, or other proceedings
                under any federal or state bankruptcy, dissolution or similar
                law, for a period of one year and one day following indefeasible
                payment in full of the Certificates, provided that nothing
                herein shall preclude, or be deemed to estop Party A from taking
                any action in any case or proceeding voluntarily filed or
                commenced by or on behalf of Party B or in any involuntary case
                or proceeding after it has been commenced.

        (l)     Set-off

                Notwithstanding any provision of this Agreement (other than 2(c)
                and 6(e)) or any other existing or future agreement, each party
                irrevocably waives any and all rights it may have to set-off,
                net, recoup or otherwise withhold or suspend or condition
                payment or performance of any obligation between it and the
                other party hereunder against any obligation between it and the
                other party under any other agreements.

        (m)     Section 1(c)

                For purposes of Section 1(c) of the Form Master Agreement, this
                Transaction shall be the sole Transaction under the Agreement.

        (n)     Transfer and Amendment

                Subject to Part 13 herein, no transfer, amendment, waiver,
                supplement, assignment or other modification of this Transaction
                shall be permitted by either party unless the Rating Agency
                Condition has been satisfied.

                  [remainder of page intentionally left blank]

<PAGE>

The time of dealing will be confirmed by Barclays upon written request. Barclays
is regulated by the Financial Services Authority. Barclays is acting for its own
account in respect of this Transaction.

Please confirm that the foregoing correctly sets forth all the terms and
conditions of our agreement with respect to the Transaction by responding within
three (3) Business Days by promptly signing in the space provided below and both
(i) faxing the signed copy to Incoming Transaction Documentation, Barclays
Capital Global OTC Transaction Documentation & Management, Global Operations,
Fax +(44) 20-7773-6810/6857, Tel +(44) 20-7773-6901/6904/6965, and (ii) mailing
the signed copy to Barclays Bank PLC, 5 The North Colonnade, Canary Wharf,
London E14 4BB, Attention of Incoming Transaction Documentation, Barclays
Capital Global OTC Transaction Documentation & Management, Global Operation.
Your failure to respond within such period shall not affect the validity or
enforceability of the Transaction against you. This facsimile shall be the only
documentation in respect of the Transaction and accordingly no hard copy
versions of this Confirmation for this Transaction shall be provided unless the
Counterparty requests.

For and on behalf of             For and on behalf of
BARCLAYS BANK PLC                Wells Fargo Bank, N.A., not individually but
                                 solely as master servicer under the Pooling and
                                 Servicing Agreement on behalf of Wells Fargo
                                 Mortgage Backed Securities 2006-16 Trust

/s/ Jason Hatley                 /s/ Jennifer L. Richardson
-----------------------------    -----------------------------
Name: Jason Hatley               Name: Jennifer L. Richardson
Title: Authorized Signatory      Title: Vice President
Date: October 30, 2006           Date: October 30, 2006

Barclays Bank PLC and its Affiliates, including Barclays Capital Inc., may share
with each other information, including non-public credit information, concerning
its clients and prospective clients. If you do not want such information to be
shared, you must write to the Director of Compliance, Barclays Bank PLC, 200
Park Avenue, New York, NY 10166.

<PAGE>

Schedule A to the Confirmation dated as of October 30, 2006
Reference: 1425588B/1425589B

     From and including           To but excluding        Notional Amount (USD):
     ------------------           ----------------        ----------------------

            10/25/2006                 11/25/2006            77,768,000.00
            11/25/2006                 12/25/2006            77,768,000.00
            12/25/2006                  1/25/2007            77,768,000.00
             1/25/2007                  2/25/2007            77,768,000.00
             2/25/2007                  3/25/2007            77,768,000.00
             3/25/2007                  4/25/2007            77,768,000.00
             4/25/2007                  5/25/2007            77,768,000.00
             5/25/2007                  6/25/2007            77,768,000.00
             6/25/2007                  7/25/2007            77,768,000.00
             7/25/2007                  8/25/2007            77,768,000.00
             8/25/2007                  9/25/2007            77,768,000.00
             9/25/2007                 10/25/2007            77,768,000.00
            10/25/2007                 11/25/2007            77,768,000.00
            11/25/2007                 12/25/2007            77,768,000.00
            12/25/2007                  1/25/2008            77,768,000.00
             1/25/2008                  2/25/2008            77,768,000.00
             2/25/2008                  3/25/2008            77,768,000.00
             3/25/2008                  4/25/2008            77,768,000.00
             4/25/2008                  5/25/2008            77,768,000.00
             5/25/2008                  6/25/2008            77,768,000.00
             6/25/2008                  7/25/2008            77,768,000.00
             7/25/2008                  8/25/2008            77,768,000.00
             8/25/2008                  9/25/2008            77,768,000.00
             9/25/2008                 10/25/2008            77,768,000.00
            10/25/2008                 11/25/2008            36,664,847.19
            11/25/2008                 12/25/2008            35,336,099.20
            12/25/2008                  1/25/2009            34,037,624.02
             1/25/2009                  2/25/2009            32,768,977.68
             2/25/2009                  3/25/2009            31,529,721.89
             3/25/2009                  4/25/2009            30,319,424.11
             4/25/2009                  5/25/2009            29,137,657.48
             5/25/2009                  6/25/2009            27,984,000.67
             6/25/2009                  7/25/2009            26,858,037.93
             7/25/2009                  8/25/2009            25,759,358.74
             8/25/2009                  9/25/2009            24,687,558.19
             9/25/2009                 10/25/2009            23,642,236.56
            10/25/2009                 11/25/2009            22,622,999.25
            11/25/2009                 12/25/2009            21,629,457.11
            12/25/2009                  1/25/2010            20,661,225.76
             1/25/2010                  2/25/2010            19,717,926.10
             2/25/2010                  3/25/2010            18,799,183.97
             3/25/2010                  4/25/2010            17,904,629.97
             4/25/2010                  5/25/2010            17,033,899.73
             5/25/2010                  6/25/2010            16,186,633.54
             6/25/2010                  7/25/2010            15,362,476.53
             7/25/2010                  8/25/2010            14,561,078.49
             8/25/2010                  9/25/2010            13,782,093.69
             9/25/2010                 10/25/2010            13,025,181.17
            10/25/2010                 11/25/2010            12,290,004.29
            11/25/2010                 12/25/2010            11,576,230.87
            12/25/2010                  1/25/2011            10,883,533.25
             1/25/2011                  2/25/2011            10,211,587.92
             2/25/2011                  3/25/2011             9,560,075.82
             3/25/2011                  4/25/2011             8,928,682.04
             4/25/2011                  5/25/2011             8,317,095.77
             5/25/2011                  6/25/2011             7,725,010.45
             6/25/2011                  7/25/2011             7,152,123.51
             7/25/2011                  8/25/2011             6,598,136.37
             8/25/2011                  9/25/2011             6,062,754.45
             9/25/2011                 10/25/2011             5,545,687.15
            10/25/2011                 11/25/2011             5,046,647.66
            11/25/2011                 12/25/2011             4,583,399.24
            12/25/2011                  1/25/2012             4,137,462.70
             1/25/2012                  2/25/2012             3,712,401.42
             2/25/2012                  3/25/2012             3,312,796.47
             3/25/2012                  4/25/2012             2,938,116.52
             4/25/2012                  5/25/2012             2,587,839.80
             5/25/2012                  6/25/2012             2,261,453.88
             6/25/2012                  7/25/2012             1,958,455.29
             7/25/2012                  8/25/2012             1,678,349.73
             8/25/2012                  9/25/2012             1,420,651.62
             9/25/2012                 10/25/2012             1,184,884.08
            10/25/2012                 11/25/2012              970,578.81
            11/25/2012                 12/25/2012              786,203.53
            12/25/2012                  1/25/2013              622,209.84
             1/25/2013                  2/25/2013              478,155.98
             2/25/2013                  3/25/2013              353,608.09
             3/25/2013                  4/25/2013              248,140.01
             4/25/2013                  5/25/2013              161,333.50
             5/25/2013                  6/25/2013              92,777.69
             6/25/2013                  7/25/2013              42,069.12
             7/25/2013                  8/25/2013               8,811.68

<PAGE>

                                     ISDA(R)

              International Swaps and Derivatives Association, Inc.

                              CREDIT SUPPORT ANNEX

                                     to the

                    ISDA Master Agreement deemed entered into

                          dated as of October 30, 2006

                                     between

       BARCLAYS BANK PLC                  WELLS FARGO BANK, N.A., not
                                          individually but solely as master
                                          servicer under the Pooling and
                                          Servicing Agreement on behalf of Wells
                                          Fargo Mortgage Backed Securities
                                          2006-16 Trust

.................................   and  ........................................
         ("Party A")                                ("Party B")

This Annex supplements, forms part of, and is subject to, the above-referenced
Agreement, is part of its Schedule and is a Credit Support Document under this
Agreement with respect to each party.

Paragraph 13.

(a)     Security Interest for "Obligations". The term "Obligations" as used in
        this Annex includes the following additional obligations:

                With respect to Party A: None.

                With respect to Party B: None.

(b)     Credit Support Obligations.

        (i)     Delivery Amount, Return Amount and Credit Support Amount.

                (A)     "Delivery Amount" has the meaning specified in Paragraph
                        3(a) , except that the words "upon a demand made by the
                        Secured Party on or promptly following a Valuation Date"
                        shall be deleted and replaced with the words "not later
                        than the close of business on the next Local Business
                        Day following a Valuation Date"; and

                (B)     "Return Amount" has the meaning specified in Paragraph
                        3(b).

                (C)     "Credit Support Amount". shall not have the meaning
                        specified in Paragraph 3(b) and, instead, will have the
                        following meaning:

                        "Credit Support Amount" means, (a) for any Valuation
                        Date on which a Ratings Event (as defined in the
                        Agreement) has occurred and is continuing and Party A
                        has not otherwise complied with Section 12 of this
                        Agreement, the Secured Party's Modified Exposure for
                        that Valuation Date.

        (ii)    Eligible Credit Support. On any date, the following items will
                qualify as "Eligible Credit Support" for each party:

<TABLE>
<CAPTION>
                                                                               Valuation
                                                                               Percentage
                                                                               ----------
<S>     <C>                                                                    <C>
(A)     cash in U.S Dollars                                                    100%

(B)     negotiable debt obligations issued after 18 July 1984 by the U.S.      98.0%
        Treasury Department having a residual maturity on such
        date of less than 1 year (with local and foreign currency
        issuer ratings of Moody's Aa2 and S&P AA or above)

(C)     negotiable debt obligations issued after 18 July 1984 by               To be agreed
        the U.S. Treasury Department having a                                  between Party A
        residual maturity on such date equal to or                             and Party B with
        greater than 1 year but less than 5 years                              the approval of
        (with local and foreign currency issuer                                the Rating
        ratings of Moody's Aa2 and S&P AA or above)                            Agencies

(D)     negotiable debt obligations issued after l8 July 1984 by               To be agreed
        the U.S. Treasury Department having a                                  between Party A
        residual maturity on such date equal to or                             and Party B with
        greater than 5 years but less than 10                                  the approval of
        years (with local and foreign currency                                 the Rating
        issuer ratings of Moody's Aa2 and S&P AA or above)                     Agencies

(E)     negotiable debt obligations of the Government National Mortgage        To be agreed
        Association, the Federal National Mortgage                             between Party A
        Association, the Federal Home Loan Mortgage                            and Party B with
        Corporation, the Student Loan Marketing Association                    the approval of
        or a Federal Home Loan Bank (all entities rated                        the Rating
        Moody's Aal and S&P AA+ or above) with a residual                      Agencies
        maturity on such date equal to or greater than 1
        year but less than 3 years.

(F)     negotiable debt obligations of the Government National Mortgage        To be agreed
        Association, the Federal National Mortgage                             between Party A
        Association, the Federal Home Loan Mortgage                            and Party B with
        Corporation, the Student Loan Marketing Association                    the approval of
        or a Federal Home Loan Bank (all entries rated                         the Rating
        Moody's Aa 1 and S&P AA+ or above) with a residual                     Agencies
        maturity on such date equal to or greater than 3
        years but less than 5 years.

(G)     negotiable debt obligations of the Government National Mortgage        To be agreed
        Association, the Federal National Mortgage                             between Party A
        Association, the Federal Home Loan Mortgage                            and Party B with
        Corporation, the Student Loan Marketing Association                    the approval of
        or a Federal Home Loan Bank (all entries rated                         the Rating
        Moody's Aal and S&P AA+ or above) with a residual                      Agencies
        maturity on such date equal to or greater than 5
        years but less than 7 years.

(H)     negotiable debt obligations of the Government National Mortgage        To be agreed
        Association, the Federal National Mortgage                             between Party A
        Association, the Federal Home Loan Mortgage                            and Party B with
        Corporation, the Student Loan Marketing Association                    the approval of
        or a Federal Home Loan Bank (all entries rated                         the Rating
        Moody's Aal and S&P AA+ or above) with a residual                      Agencies
        maturity on such date equal to or greater than 7
        years but less than 10 years.
</TABLE>

        For the avoidance of doubt, where negotiable debt obligations are rated
        by only one of the above relevant rating agencies, the rating applied
        will be based on the rating of that agency. Notwithstanding the
        foregoing, the Eligible Collateral referenced above may only be posted
        if S&P has assigned a rating to such Eligible Collateral.

        Where the ratings of the relevant agencies differ with respect to the
        same negotiable debt obligation, the lower of the ratings shall apply.

        In addition, upon a Ratings Event, Party A shall agree the Valuation
        Percentage in relation to (C) through (H) above with the relevant rating
        agency, which shall be S&P, Moody's and Fitch (to the extent such
        ratings agency has provided a rating for the underlying Certificates);
        provided, however, that if Party A is required to post collateral in
        accordance with the terms of this Agreement it shall post only (A) and
        (B) above until such time as the Valuation Percentages are agreed.

        (iii)   Other Eligible Support. Such Other Eligible Support as the
                Pledgor may designate; provided, at the expense of the Pledgor,
                the prior written consent of the relevant rating agency, which
                shall be S&P, Moody's and Fitch (to the extent such ratings
                agency has provided a rating for the underlying Certificates)),
                shall have been obtained. For the avoidance of doubt there are
                no items which qualify as Other Eligible Support as of the date
                of this Annex.

        (iv)    Thresholds.

                (A)     "Independent Amount" means zero.

                (B)     "Threshold" means for Party A:

                        1.      infinity, unless (i) a Ratings Event occurs and
                                is continuing and (ii) Party A has not otherwise
                                complied with Section 12 of this Agreement, then
                                its Threshold shall be zero, or

                        2.      in the event that Party A has otherwise complied
                                with Section 12 of this Agreement, its Threshold
                                shall continue to be infinity.

                                "Threshold" means, for Party B: infinity

                (C)     "Minimum Transfer Amount" means USD 100,000, provided,
                        however, with respect to the Secured Party at any time
                        when the Secured Party is a Defaulting Party, "Minimum
                        Transfer Amount" means zero.

                (D)     Rounding: The Delivery Amount and the Return Amount will
                        not be rounded.

(c)     Valuation and Timing.

        (i)     "Valuation Agent" means Party A. The valuation agent's
                calculations shall be made in accordance with market practices
                using commonly accepted third party sources such as Bloomberg or
                Reuters.

        (ii)    "Valuation Date" means each Local Business Day which, if treated
                as a Valuation Date, would result in a Delivery Amount or Return
                Amount.

        (iii)   "Valuation Time" means the close of business in the city of the
                Valuation Agent on the Local Business Day before the Valuation
                Date or date of calculation, as applicable, provided that the
                calculations of Value and Exposure will be made as of
                approximately the same time on the same date.

        (iv)    "Notification Time" means 11:00 a.m., New York time, on a Local
                Business Day.

(d)     Conditions Precedent and Secured Party's Rights and Remedies. The
        following Termination Event will be a "Specified Condition" for the
        party specified (that party being the Affected Party if the Termination
        Event occurs with respect to that party): None.

(e)     Substitution.

        (i)     "Substitution Date" has the meaning specified in Paragraph
                4(d)(ii).

        (ii)    Consent. The Pledgor is not required to obtain the Secured
                Party's consent for any substitution purusant to Paragraph 4(d).

(f)     Dispute Resolution.

        (i)     "Resolution Time" means 1:00 p.m. New York time on the Local
                Business Day following the date on which the notice of the
                dispute is given under Paragraph 5.

                Value. For the purpose of Paragraphs 5(i)(C) and 5(ii), on any
                date, the Value of Eligible Credit Support will be calculated as
                follows:

                For Eligible Credit Support comprised of cash, the amount of
                such cash.

                For Eligible Collateral comprising securities; the sum of (a)(x)
                the last bid price on such date for such securities on the
                principal national securities exchange on which such securities
                are listed, multiplied by the applicable Valuation Percentage or
                (y) where any such securities are not listed on a national
                securities exchange, the bid price for such securities quoted as
                at the close of business on such date by any principal market
                maker for such securities chosen by the Valuation Agent,
                multiplied by the applicable Valuation Percentage or (z) if no
                such bid price is listed or quoted for such date, the last bid
                price listed or quoted (as the case may be), as of the day next
                preceding such date on which such prices were available;
                multiplied by the applicable Valuation Percentage; plus (b) the
                accrued interest on such securities (except to the extent that
                such interest shall have been paid to the Pledgor pursuant to
                Paragraph 6(d)(ii) or included in the applicable price referred
                to in subparagraph (a) above) as of such date.

        (ii)    Alternative. The provisions of Paragraph 5 will apply; provided
                that the obligation of the appropriate party to deliver the
                undisputed amount to the other party will not arise prior to the
                time that would otherwise have applied to the Transfer pursuant
                to, or deemed made, under Paragraph 3 if no dispute had arisen.

(g)     Holding and Using Posted Collateral.

        (i)     Eligibility to Hold Posted Collateral; Custodians.

                Party B is not and will not be entitled to hold Posted
                Collateral. Party B's Custodian will be entitled to hold Posted
                Collateral pursuant to Paragraph 6(b); provided that the
                Custodian for Party B shall be the same banking institution that
                acts as Master Servicer for the Certificates (as defined in the
                Pooling and Servicing Agreement) for Party B.

                Initially, the Custodian for Party B is : Wells Fargo Bank, N.A.

        (ii)    Use of Posted Collateral. The provisions of Paragraph 6(c) will
                not apply to Party B; therefore, Party B will not have any of
                the rights specified in Paragraph 6(c)(i) or 6 (c)(ii);
                provided, however, that the Trustee shall invest Cash Posted
                Credit Support in such investments as designated by Party A,
                with losses (net of gains) incurred in respect of such
                investments to be for the account of Party A.

(h)     Distributions and Interest Amount.

        (i)     Interest Rate. The "Interest Rate" will be the rate earned on
                Cash Posted Credit Support pursuant to clause (g)(ii) above.

        (ii)    Transfer of Interest Amount. The Transfer of the Interest Amount
                will be made on each Distribution Date.

        (iii)   Alternative to Interest Amount. The provisions of Paragraph
                6(d)(ii) will not apply.

(i)     Additional Representation(s).

                There are no additional representations by either party.

(j)     Other Eligible Support and Other Posted Support.

        (i)     "Value" with respect to Other Eligible Support and Other Posted
                Support shall have such meaning as the parties shall agree in
                writing from time to time.

        (ii)    "Transfer" with respect to Other Eligible Support and Other
                Posted Support shall have such meaning as the parties shall
                agree in writing from time to time.

(k)     Demands and Notices.

        All demands, specifications and notices under this Annex will be made
        pursuant to the Notices Section of this Agreement, save that any demand,
        specification or notice:

        (i)     shall be given to or made at the following addresses:

        If to Party A:

                    5 The North Colonnade
                    Canary Wharf
                    London E14 4BB, England
                    Attention: Swaps Documentation
                    Facsimile No.: 0207-773-6857/6858
                    Telephone No.: 0207-773-6915/6904

        with a copy to:

                    General Counsel's Office
                    200 Park Avenue
                    New York, N.Y. 10166

        Notices to Party A shall not be deemed effective unless delivered to the
        London address set forth above.

        If to Party B:

                Wells Fargo Bank, N.A.
                9062 Old Annapolis Road
                Columbia, Maryland 21045
                Attn: Client Manager - WFMBS 2006-16
                Facsimile: 410-715-2380
                Telephone: 410-884-2000

        or at such other address as the relevant party may from time to time
        designate by giving notice (in accordance with the terms of this
        paragraph) to the other party;

        (ii)    shall (unless otherwise stated in this Annex) be deemed to be
                effective at the time such notice is actually received unless
                such notice is received on a day which is not a Local Business
                Day or after the Notification Time on any Local Business Day in
                which event such notice shall be deemed to be effective on the
                next succeeding Local Business Day.

(l)     Address for Transfers.

        Party B: To be notified by Party B to Party A at the time of the request
        for Transfer.

(m)     Other Provisions.

        (i)     Additional Definitions. As used in this Annex:

                "Local Business Day" means: (i) any day on which commercial
                banks are open for business (including dealings in foreign
                exchange and foreign currency deposits) in London, New York and
                the location of the Trustee, and (ii) in relation to a Transfer
                of Eligible Credit Support, a day on which the clearance system
                agreed between the parties for the delivery of Eligible Credit
                Support is open for acceptance and execution of settlement
                instructions (or in the case of a Transfer of Cash or other
                Eligible Credit Support for which delivery is contemplated by
                other means, a day on which commercial banks are open for
                business (including dealings for foreign exchange and foreign
                deposits) in New York and such other places as the parties shall
                agree).

        (ii)    Holding Collateral. The Secured Party shall cause any Custodian
                appointed hereunder to open and maintain a segregated account
                and to hold, record and identify all the Posted Collateral in
                such segregated account and, subject to Paragraph 8(a), such
                Posted Collateral shall at all times be and remain the property
                of the Pledgor and shall at no time constitute the property of,
                or be commingled with the property of, the Secured Party or the
                Custodian.

        (iii)   Agreement as to Single Secured Party and Pledgor. Party A and
                Party B agree that, notwithstanding anything to the contrary in
                this Annex, (a) the term "Secured Party" as used in this Annex
                means only Party B, (b) the term "Pledgor" as used in this Annex
                means only Party A, (c) only Party A makes the pledge and grant
                in Paragraph 2, the acknowledgement in the final sentence of
                Paragraph 8(a) and the representations in Paragraph 9 and (d)
                Party A shall have no obligations under this Annex other than
                during a Collateral Requirement Period.

        (iv)    Form of Annex. The parties hereby agree that the text of the
                body of this Annex is intended to be the printed form of ISDA
                Credit Support Annex (Bilateral Form - ISDA Agreements Subject
                to New York Law version) as published and copyrighted by the
                International Swaps and Derivatives Association, Inc.

        (v)     Exposure. The Parties agree that in the event of a Ratings Event
                relating to an action taken by S&P, the Valuation Agent shall
                internally verify its calculation of the Secured Party's
                Exposure by reporting its calculation thereof to S&P on a weekly
                basis. In addition, in the case where the long term
                unubordinated and unsecured debt of Party A ceases to be rated
                at least BBB+ by S&P, the Valuation Agent shall externally
                verify its calculation of the Secured Party's Exposure by
                seeking two quotations from Reference Market-makers at the end
                of each month (such quotations being for amounts payable as
                described in the definition of "Market Quotations" in the
                Agreement where the date on which such quotations are sought is
                the Early Termination Date and the Transaction entered into
                pursuant to the Agreement is the only Termination Transaction).
                In the case where external verification of the Exposure
                calculation is required, the Valuation Agent must (i) obtain at
                least two such quotations (ii) may not obtain the quotations
                referred to above from the same Reference Market-maker in excess
                of four times during any 12 month period. Furthermore, the
                Exposure valuations should reflect the higher of two bids from
                Reference Market-makers that would be eligible and willing to
                provide the market quotation in the absence of the current
                provider and (iii) must submit to S&P the two bids provided by
                external parties. The collateral requirement should be based on
                the greater of the internal and external verifications. In the
                event the verification procedures set forth above indicate that
                there is a deficiency in the amount of Eligible Collateral that
                has been posted to the Secured Party, the Pledgor shall post the
                amount of Eligible Collateral necessary to cure such deficiency
                to the Secured Party within three Local Business Days.

        (vi)    Expenses. Notwithstanding Paragraph 10, the Pledgor will be
                responsible for, and will reimburse the Secured Party for, all
                transfer and other taxes and other costs involved in the
                transfer of Eligible Collateral.

        (vii)   Additional Definitions. As used in this Annex:

                "Ratings Event" means a "Ratings Event" (as defined in the
                Agreement).

                "Modified Exposure" means, for any Valuation Date, an amount
                equal to the greater of (a) the sum of Secured Party's Exposure
                for that Valuation Date plus the Notional Volatility Buffer and
                (b) zero.

                "Notional Volatility Buffer" as determined by the Valuation
                Agent for any date, means the outstanding Notional Amount of the
                Transaction on such date multiplied by the relevant percentage
                for such date as set out in the table below on such date.

                                  Less than or
                                  equal to 5      Less than or equal to
                                  years to        10 years but greater
                                  Termination     than 5 years to
        Party A S&P Rating on     Date of the     Termination Date of
        such date                 Transaction     the Transaction
        ---------------------     ------------    ---------------------

        Short Term Rating of A-2  3.25%           4.00%

        Short Term Rating of A-3  4.00%           5.00%

        Long Term Rating of BB+   4.50%           5.75%
        or lower

<PAGE>

        IN WITNESS WHEREOF, the parties have executed this Annex by their duly
authorized representatives as of the date of the Agreement.

     BARCLAYS BANK PLC                  WELLS FARGO BANK, N.A., not individually
                                        but solely as master servicer under the
                                        Pooling and Servicing Agreement on
                                        behalf of Wells Fargo Mortgage Backed
                                        Securities 2006-16 Trust

By:  /s/ LeeLee Panno                   By: /s/ Jennifer L. Richardson
     -----------------------------          -----------------------------
     Name: LeeLee Panno                     Name: Jennifer L. Richardson
     Title: Assoc. Director                 Title: Vice President
     Date: October 27, 2006                 Date: October 30, 2006EXHIBIT 10.1

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

                     GS MORTGAGE SECURITIES CORPORATION II,

                                   PURCHASER,

                         GOLDMAN SACHS MORTGAGE COMPANY,

                                     SELLER

                        MORTGAGE LOAN PURCHASE AGREEMENT

                           Dated as of October 1, 2006

                                 Series 2006-GG8

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

<PAGE>

            This Mortgage Loan Purchase Agreement (this "Agreement"), dated as
of October 1, 2006, is between GS Mortgage Securities Corporation II, a Delaware
corporation, as purchaser (the "Purchaser"), and Goldman Sachs Mortgage Company,
a New York limited partnership, as seller (the "Seller").

            Capitalized terms used in this Agreement not defined herein shall
have the meanings ascribed to them in the Pooling and Servicing Agreement, dated
as of October 1, 2006 (the "Pooling and Servicing Agreement"), among the
Purchaser, as seller, Wachovia Bank, National Association, as master servicer
(the "Master Servicer"), CWCapital Asset Management LLC, as special servicer
(the "Special Servicer"), and Wells Fargo Bank, N.A., as trustee (the
"Trustee"), pursuant to which the Purchaser will sell the Mortgage Loans (as
defined herein) to a trust fund and certificates representing ownership
interests in the Mortgage Loans will be issued by the trust fund (the "Trust
Fund"). For purposes of this Agreement, "Mortgage Loans" refers to the mortgage
loans listed on Exhibit A and "Mortgaged Properties" refers to the properties
securing such Mortgage Loans.

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

            SECTION 1 Sale and Conveyance of Mortgages; Possession of Mortgage
File. The Seller does hereby sell, transfer, assign, set over and convey to the
Purchaser subject to the rights of the other holders of interests in a Companion
Loan all of its right, title and interest in and to the Mortgage Loans
identified on Exhibit A (the "Mortgage Loan Schedule") including all interest
and principal received on or with respect to the Mortgage Loans after the
Cut-off Date (other than payments of principal and interest first due on the
Mortgage Loans on or before the Cut-off Date). Upon the sale of the Mortgage
Loans, the ownership of each related Note, subject to the rights of the other
holders of interest in a Companion Loan, the Seller's interest in the related
Mortgage and the other contents of the related Mortgage File, will be vested in
the Purchaser and immediately thereafter the Trustee, and the ownership of
records and documents with respect to the related Mortgage Loan (other than a
Non-Serviced Companion Loan) prepared by or which come into the possession of
the Seller shall immediately vest in the Purchaser and immediately thereafter
the Trustee. The Purchaser will sell the Class A-1, Class A-2, Class A-3, Class
A-AB, Class A-4, Class A-1A, Class A-M, Class A-J, Class B, Class C, Class D,
Class E and Class F Certificates (the "Offered Certificates") to the
underwriters (the "Underwriters") specified in the Underwriting Agreement, dated
October 17, 2006 (the "Underwriting Agreement"), between the Purchaser and the
Underwriters, and the Purchaser will sell the Class X, Class G, Class H, Class
J, Class K, Class L, Class M, Class N, Class O, Class P, Class Q, Class S, Class
R and Class LR Certificates (the "Private Certificates") to the initial
purchasers (the "Initial Purchasers" and, collectively with the Underwriters,
the "Dealers") specified in the Certificate Purchase Agreement, dated October
17, 2006 (the "Certificate Purchase Agreement"), between the Purchaser and
Initial Purchasers.

            The sale and conveyance of the Mortgage Loans is being conducted on
an arms-length basis and upon commercially reasonable terms. As the purchase
price for the Mortgage Loans, the Purchaser shall pay to the Seller or at the
Seller's direction $1,447,967,139 (excluding accrued interest and certain
post-settlement adjustment for expenses incurred by the Underwriters on behalf
of the Depositor). The purchase and sale of the Mortgage Loans shall take place
on the Closing Date.

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

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

            The transfer of each Mortgage Loan shall be reflected on the
Purchaser's balance sheets and other financial statements as the purchase of the
Mortgage Loans by the Purchaser from the Seller. The Purchaser intends to treat
the transfer of each Mortgage Loan from the Seller as a purchase for tax
purposes. The Purchaser shall be responsible for maintaining, and shall
maintain, a set of records for each Mortgage Loan which shall be clearly marked
to reflect the transfer of ownership of each Mortgage Loan by the Seller to the
Purchaser pursuant to this Agreement.

            SECTION 3 Delivery of Mortgage Loan Documents; Additional Costs and
Expenses. (a) The Purchaser hereby directs the Seller, and the Seller hereby
agrees, upon the transfer of the Mortgage Loans contemplated herein, to deliver
or cause to be delivered to the Trustee or a Custodian appointed thereby on the
dates set forth in Section 2.01 of the Pooling and Servicing Agreement, all
documents, instruments and agreements required to be delivered by the Purchaser
to the Trustee with respect to the Mortgage Loans under Section 2.01 of the
Pooling and Servicing Agreement, and meeting all the requirements of such
Section 2.01; provided that the Seller shall not be required to deliver any
draft documents, privileged communications, credit underwriting, due diligence
analyses or data or internal worksheets, memoranda, communications or
evaluations.

            (b) The Seller shall deliver to the Master Servicer within 10
business days after the Closing Date, documents and records that (i) relate to
the servicing and administration of the Mortgage Loans, (ii) are reasonably
necessary for the ongoing administration and/or servicing of the Mortgage Loans
(including any asset summaries related to the Mortgage Loans that were delivered
to the Rating Agencies in connection with the rating of the Certificates) and
(iii) are in possession or control of the Seller, together with (x) all
unapplied Escrow Payments in the possession or under control of the Seller that
relate to the Mortgage Loans and (y) a statement indicating which Escrow
Payments are allocable to such Mortgage Loans); provided that the Seller shall
not be required to deliver any draft documents, privileged or other
communications, credit underwriting, due diligence analyses or data or internal
worksheets, memoranda, communications or evaluations.

            SECTION 4 Treatment as a Security Agreement. Pursuant to Section 1
hereof, the Seller has conveyed to the Purchaser all of its right, title and
interest in and to the Mortgage Loans. The parties intend that such conveyance
of the Seller's right, title and interest in and to the Mortgage Loans pursuant
to this Agreement shall constitute a purchase and sale and not a loan. If such
conveyance is deemed to be a pledge and not a sale, then the parties also intend
and agree that the Seller shall be deemed to have granted, and in such event
does hereby grant, to the Purchaser, a first priority security interest in all
of its right, title and interest in, to and under the Mortgage Loans, all
payments of principal or interest on such Mortgage Loans due after the Cut-off
Date, all other payments made in respect of such Mortgage Loans after the
Cut-off Date (other than scheduled payments of principal and interest due on or
before the Cut-off Date) and all proceeds thereof, and that this Agreement shall
constitute a security agreement under applicable law. If such conveyance is
deemed to be a pledge and not a sale, the Seller consents to the Purchaser
hypothecating and transferring such security interest in favor of the Trustee
and transferring the obligation secured thereby to the Trustee.

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

            (a) except with respect to a Non-Serviced Mortgage Loan, it shall
record or cause a third party to record in the appropriate public recording
office for real property the assignments of the Mortgage Loans, assignments of
assignment of leases, rents and profits and the assignments of Mortgage and each
related UCC-2 and UCC-3 financing statement referred to in the definition of
Mortgage File from the Seller to the Trustee in connection with the Pooling and
Servicing Agreement. All out of pocket costs and expenses relating to the
recordation or filing of such assignments, assignments of Mortgage and financing
statements shall be paid by the Seller. If any such document or instrument is
lost or returned unrecorded or unfilled, as the case may be, because of a defect
therein, then the Seller shall prepare a substitute therefore or cure such
defect of cause such to be done, as the case may be, and the Seller shall
deliver such substitute or corrected document or instrument to the Trustee (or,
if the Mortgage Loan is then no longer subject to the Pooling and Servicing
Agreement, the then holder of such Mortgage Loan).

            (b) it shall take any action reasonably required by the Purchaser,
the Trustee or the Servicer in order to assist and facilitate the transfer of
the servicing of the Mortgage Loans to the Servicer, including effectuating the
transfer of any letters of credit with respect to any Mortgage Loan to the
Servicer on behalf of the Trustee for the benefit of Certificateholders. Prior
to the date that a letter of credit with respect to any Mortgage Loan is
transferred to the Servicer, the Seller will cooperate with the reasonable
requests of the Servicer or Special Servicer, as applicable, in connection with
effectuating a draw under such letter of credit as required under the terms of
the related Loan Documents. Notwithstanding the foregoing, this Section 5(b)
shall not apply with respect to a Non-Serviced Mortgage Loan;

            (c) The Seller shall provide the Master Servicer the initial data
with respect to each Mortgage Loan for the CMSA Financial File and the CMSA Loan
Periodic Update File that are required to be prepared by the Master Servicer
pursuant to the Pooling and Servicing Agreement and the Supplemental Servicer
Schedule;

            (d) if during the period of time that the Underwriters are required,
under applicable law, to deliver a prospectus related to the Offered
Certificates in connection with sales of the Offered Certificates by an
Underwriter or a dealer and the Seller has obtained actual knowledge of
undisclosed or corrected information related to an event that occurred prior to
the Closing Date, which event causes the Seller Information previously provided
to be incorrect or untrue, and which directly results in a material misstatement
or omission in the Prospectus Supplement, including Annex A, Annex B or Annex C
thereto and the CD-ROM and the Diskette included therewith (collectively, the
"Public Offering Documents"), and as a result the Underwriters' legal counsel
has determined that it is necessary to amend or supplement the Public Offering
Documents in order to make the statements therein, in the light of the
circumstances when the Prospectus is delivered to a purchaser, not misleading,
or to make the Public Offering Documents in compliance with applicable law, the
Seller shall (to the extent that such amendment or supplement solely relates to
the Seller Information at the expense of the Seller, do all things reasonably
necessary to assist the Depositor to prepare and furnish to the Underwriters,
such amendments or supplements to the Public Offering Documents as may be
necessary so that the statements in the Public Offering Documents, as so amended
or supplemented, will not, in the light of the circumstances when the Prospectus
is delivered to a purchaser, be misleading and will comply with applicable law.
(All terms under this clause (c) and not otherwise defined in this Agreement
shall have the meanings set forth in the Indemnification Agreement, dated
October 17, 2006, among Seller, the Purchaser and the Dealers (the
"Indemnification Agreement" and, together with this Agreement, the "Operative
Documents")); and

            (e) for so long as the Trust Fund is subject to the reporting
requirements of the Exchange Act, the Seller shall provide the Purchaser (or
with respect to any Serviced Companion Loan that is deposited into another
securitization, the depositor of such securitization) and the Paying Agent with
any Additional Form 10-D Disclosure and any Additional Form 10-K Disclosure set
forth next the Seller's name on Exhibit U and Exhibit V of the Pooling and
Servicing Agreement within the time periods set forth in the Pooling and
Servicing Agreement.

            SECTION 6 Representations and Warranties.

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

            (i) The Seller is a limited partnership, duly organized, validly
      existing and in good standing under the laws of the State of New York with
      full power and authority to own its assets and conduct its business, is
      duly qualified as a foreign organization in good standing in all
      jurisdictions to the extent such qualification is necessary to hold and
      sell the Mortgage Loans or otherwise comply with its obligations under
      this Agreement except where the failure to be so qualified would not have
      a material adverse effect on its ability to perform its obligations
      hereunder, and the Seller has taken all necessary action to authorize the
      execution, delivery and performance under the Operative Documents and has
      duly executed and delivered this Agreement and the Indemnification
      Agreement, and has the power and authority to execute, deliver and perform
      under this Agreement and each other Operative Document and all the
      transactions contemplated hereby and thereby, including, but not limited
      to, the power and authority to sell, assign, transfer, set over and convey
      the Mortgage Loans in accordance with this Agreement;

            (ii) Assuming the due authorization, execution and delivery of each
      Operative Document by each party thereto other than the Seller, each
      Operative Document will constitute a legal, valid and binding obligation
      of the Seller, enforceable against the Seller in accordance with its
      terms, except as such enforcement may be limited by bankruptcy,
      insolvency, reorganization, moratorium or other similar laws affecting the
      enforcement of creditors' rights generally, and by general principles of
      equity (regardless of whether such enforceability is considered in a
      proceeding in equity or at law);

            (iii) The execution and delivery of each Operative Document by the
      Seller and the performance of its obligations hereunder and thereunder
      will not conflict with any provision of any law or regulation to which the
      Seller is subject, or conflict with, result in a breach of, or constitute
      a default under, any of the terms, conditions or provisions of any of the
      Seller's organizational documents or any agreement or instrument to which
      the Seller is a party or by which it is bound, or any order or decree
      applicable to the Seller, or result in the creation or imposition of any
      lien on any of the Seller's assets or property, in each case which would
      materially and adversely affect the ability of the Seller to carry out the
      transactions contemplated by the Operative Documents;

            (iv) There is no action, suit, proceeding or investigation pending
      or, to the Seller's knowledge, threatened against the Seller in any court
      or by or before any other governmental agency or instrumentality which
      would materially and adversely affect the validity of the Mortgage Loans
      or the ability of the Seller to carry out the transactions contemplated by
      each Operative Document;

            (v) The Seller is not in default with respect to any order or decree
      of any court or any order, regulation or demand of any federal, state,
      municipal or governmental agency, which default might have consequences
      that, in Seller's good faith and reasonable judgment, is likely to
      materially and adversely affect the condition (financial or other) or
      operations of the Seller or its properties or might have consequences
      that, in Seller's good faith and reasonable judgment, is likely to
      materially and adversely affect its performance under any Operative
      Document;

            (vi) No consent, approval, authorization or order of any court or
      governmental agency or body is required for the execution, delivery and
      performance by the Seller of, or compliance by the Seller with, each
      Operative Document or the consummation of the transactions contemplated
      hereby or thereby, other than those which have been obtained by the
      Seller;

            (vii) The transfer, assignment and conveyance of the Mortgage Loans
      by the Seller to the Purchaser is not subject to bulk transfer laws or any
      similar statutory provisions in effect in any applicable jurisdiction; and

            (viii) The Mortgage Loans were originated by a mortgagee approved by
      the Secretary of Housing and Urban Development pursuant to Sections 203
      and 211 of the Act, a savings and loan association, a savings bank, a
      commercial bank, credit union, insurance company or other similar
      institution which is supervised and examined by a federal or state
      authority.

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

            (i) The Purchaser is a corporation duly organized, validly existing
      and 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,
      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 be so qualified would not have a material adverse effect on the
      ability of the Purchaser to perform its obligations hereunder, and the
      Purchaser has taken all necessary action to authorize the execution,
      delivery and performance of this Agreement by it, and has the power and
      authority to execute, deliver and perform this Agreement and all the
      transactions contemplated hereby;

            (ii) Assuming the due authorization, execution and delivery of this
      Agreement by the Seller, this Agreement will constitute a legal, valid and
      binding obligation of the Purchaser, enforceable against the Purchaser in
      accordance with its terms, except as such enforcement may be limited by
      bankruptcy, insolvency, reorganization, moratorium or other similar laws
      affecting the enforcement of creditors' rights generally, and by general
      principles of equity (regardless of whether such enforceability is
      considered in a proceeding in equity or at law);

            (iii) The execution and delivery of this Agreement by the Purchaser
      and the performance of its obligations hereunder will not conflict with
      any provision of any law or regulation to which the Purchaser is subject,
      or conflict with, result in a breach of, or constitute a default under,
      any of the terms, conditions or provisions of any of the Purchaser's
      organizational documents or any agreement or instrument to which the
      Purchaser is a party or by which it is bound, or any order or decree
      applicable to the Purchaser, or result in the creation or imposition of
      any lien on any of the Purchaser's assets or property, in each case which
      would materially and adversely affect the ability of the Purchaser to
      carry out the transactions contemplated by this Agreement;

            (iv) There is no action, suit, proceeding or investigation pending
      or, to the Purchaser's knowledge, threatened against the Purchaser in any
      court or by or before any other governmental agency or instrumentality
      which would materially and adversely affect the validity of this Agreement
      or any action taken in connection with the obligations of the Purchaser
      contemplated herein, or which would be likely to impair materially the
      ability of the Purchaser to perform under the terms of this Agreement;

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

            (vi) No consent, approval, authorization or order of any court or
      governmental agency or body is required for the execution, delivery and
      performance by the Purchaser of or compliance by the Purchaser with this
      Agreement or the consummation of the transactions contemplated by this
      Agreement other than those that have been obtained by the Purchaser.

            (c) The Seller further makes the representations and warranties as
to the Mortgage Loans set forth in Exhibit B as of the Closing Date or other
date set forth in Exhibit B, which representations and warranties are subject to
the exceptions thereto set forth in Exhibit C.

            (d) Pursuant to the Pooling and Servicing Agreement, if any party
thereto discovers that any document constituting a part of a Mortgage File has
not been properly executed, is missing, contains information that does not
conform in any material respect with the corresponding information set forth in
the Mortgage Loan Schedule, or does not appear to be regular on its face (each,
a "Document Defect"), or discovers or receives notice of a breach of any
representation or warranty of the Seller made pursuant to Section 6(c) of this
Agreement with respect to any Mortgage Loan (a "Breach"), such party is required
to give prompt written notice thereof to the Seller.

            (e) If any such Document Defect or Breach with respect to any
Mortgage Loan materially and adversely affects the value of the Mortgage Loan or
the related Mortgaged Property or the interests of the Certificateholders
therein, then such Document Defect shall constitute a "Material Document Defect"
or such Breach shall constitute a "Material Breach," as the case may be.
Promptly upon becoming aware of any such Material Document Defect or Material
Breach (including through a written notice given by any party hereto, as
provided above), the Seller, not later than 90 days from the earlier of the
Seller's discovery or receipt of notice of such Material Document Defect or
Material Breach, as the case may be (or, in the case of a Material Document
Defect or Material Breach relating to a Mortgage Loan not being a "qualified
mortgage" within the meaning of the REMIC Provisions, not later than 90 days of
any party discovering such Material Document Defect or Material Breach provided
the Seller receives notice thereof in a timely manner), cure the same in all
material respects (which cure shall include payment of any Additional Trust Fund
Expenses associated therewith) or, if such Material Document Defect or Material
Breach, as the case may be, cannot be cured within such 90 day period,
repurchase the affected Mortgage Loan or any related REO Property at the
applicable Purchase Price by wire transfer of immediately available funds to the
Collection Account (or, in the case of a Non-Serviced Mortgage Loan or an REO
Property that relates to a Non-Serviced Mortgage Loan, to the related REO
Account); provided, however, that if (i) such Material Document Defect or
Material Breach is capable of being cured but not within such 90 day period,
(ii) such Material Document Defect or Material Breach is not related to any
Mortgage Loan's not being a "qualified mortgage" within the meaning of the REMIC
Provisions and (iii) the Seller has commenced and is diligently proceeding with
the cure of such Material Document Defect or Material Breach within such 90 day
period, then the Seller shall have an additional 90 days to complete such cure
or, in the event of a failure to so cure, to complete such repurchase (it being
understood and agreed that, in connection with the Seller's receiving such
additional 90 day period, the Seller shall deliver an Officer's Certificate to
the Trustee setting forth the reasons such Material Document Defect or Material
Breach is not capable of being cured within the initial 90 day period and what
actions the Seller is pursuing in connection with the cure thereof and stating
that the Seller anticipates that such Material Document Defect or Material
Breach will be cured within such additional 90 day period); and provided,
further, that, if any such Material Document Defect is still not cured after the
initial 90 day period and any such additional 90 day period solely due to the
failure of the Seller to have received the recorded document, then the Seller
shall be entitled to continue to defer its cure and repurchase obligations in
respect of such Document Defect so long as the Seller certifies to the Trustee
every 30 days thereafter that the Document Defect is still in effect solely
because of its failure to have received the recorded document and that the
Seller is diligently pursuing the cure of such defect (specifying the actions
being taken), except that no such deferral of cure or repurchase may continue
beyond the second anniversary of the Closing Date. Any such repurchase of a
Mortgage Loan shall be on a servicing released basis. The Seller shall have no
obligation to monitor the Mortgage Loans regarding the existence of a breach or
a document defect, but if the Seller discovers a Material Breach or Material
Document Defect with respect to a Mortgage Loan, it will notify the Purchaser.

            (f) In connection with any repurchase of a Mortgage Loan pursuant to
this Section 6, the Pooling and Servicing Agreement shall provide that, subject
to Section 3.26 of the Pooling and Servicing Agreement, the Trustee, the
Custodian, the Master Servicer and the Special Servicer shall each tender to the
repurchasing entity, upon delivery to each of them of a receipt executed by the
repurchasing entity, all portions of the Mortgage File and other documents
pertaining to such Mortgage Loan possessed by it, and each document that
constitutes a part of the Mortgage File shall be endorsed or assigned to the
extent necessary or appropriate to the repurchasing entity or its designee in
the same manner, but only if the respective documents have been previously
assigned or endorsed to the Trustee, and pursuant to appropriate forms of
assignment, substantially similar to the manner and forms pursuant to which such
documents were previously assigned to the Trustee; provided that such tender by
the Trustee shall be conditioned upon its receipt from the Master Servicer of a
Request for Release and an Officer's Certificate to the effect that the
requirements for repurchase have been satisfied.

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

            (h) Each party hereby agrees to promptly notify the other party of
any breach of a representation or warranty contained in Section 6(c). The
Seller's obligation to cure any breach or repurchase or substitute any affected
Mortgage Loan pursuant to this Section 6 shall constitute the sole remedy
available to the Purchaser in connection with a breach of any of the Seller's
representations or warranties contained in this Section 6(c); provided, however,
that no limitation of remedy is implied with respect to the Seller's breach of
its obligation to cure, repurchase or substitute in accordance with the terms
and conditions of this Agreement.

            SECTION 7 Review of Mortgage File. The Purchaser shall require the
Trustee or the Custodian pursuant to the Pooling and Servicing Agreement to
review the Mortgage Files pursuant to Section 2.02 of the Pooling and Servicing
Agreement and if it finds any document or documents not to have been properly
executed, or to be missing or to be defective on its face in any material
respect, to notify the Purchaser, which shall promptly notify the Seller.

            SECTION 8 Conditions to Closing. The obligation of the Seller to
sell the Mortgage Loans shall be subject to the Seller having received the
purchase price for the Mortgage Loans as contemplated by Section 1. The
obligations of the Purchaser to purchase the Mortgage Loans shall be subject to
the satisfaction, on or prior to the Closing Date, of the following conditions:

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

            The Pooling and Servicing Agreement (to the extent it affects the
obligations of the Seller hereunder), in such form as is agreed upon and
acceptable to the Purchaser, the Seller, the Underwriters and their respective
counsel in their reasonable discretion, shall be duly executed and delivered by
all signatories as required pursuant to the terms thereof.

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

            (i) copies of the Seller's Articles of Association, charter, by-laws
      or other organizational documents and all amendments, revisions,
      restatements and supplements thereof, certified as of a recent date by the
      Secretary of the Seller;

            (ii) a certificate as of a recent date of the Secretary of State of
      the State of New York to the effect that the Seller is duly organized,
      existing and in good standing in the State of New York;

            (iii) an opinion of counsel of the Seller, subject to customary
      exceptions and carve-outs, in form substantially similar to the opinions
      set forth in Exhibit E, acceptable to the Underwriters and each Rating
      Agency; and

            (iv) a letter from counsel of the Seller to the effect that nothing
      has come to such counsel's attention that would lead such counsel to
      believe that the Prospectus Supplement as of the date thereof or as of the
      Closing Date contains, with respect to the Seller or the Mortgage Loans,
      any untrue statement of a material fact or omits to state a material fact
      necessary in order to make the statements therein relating to the Seller
      or the Mortgage Loans, in the light of the circumstances under which they
      were made, not misleading.

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

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

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

            SECTION 9 Closing. The closing for the purchase and sale of the
Mortgage Loans shall take place at the office of Cadwalader, Wickersham & Taft
LLP, New York, New York, at 10:00 a.m., on the Closing Date or such other place
and time as the parties shall agree. The parties hereto agree that time is of
the essence with respect to this Agreement.

            SECTION 10 Expenses. The Seller will pay its pro rata share (the
Seller's pro rata portion to be determined according to the percentage that the
aggregate principal balance as of the Cut-off Date of all the Mortgage Loans
represents as to the aggregate principal balance as of the Cut-off Date of all
the mortgage loans to be included in the Trust Fund) of all costs and expenses
of the Purchaser in connection with the transactions contemplated herein,
including, but not limited to: (i) the costs and expenses of the Purchaser in
connection with the purchase of the Mortgage Loans; (ii) the costs and expenses
of reproducing and delivering the Pooling and Servicing Agreement and this
Agreement and printing (or otherwise reproducing,) and delivering the
Certificates; (iii) the reasonable and documented fees, costs and expenses of
the Trustee and its counsel; (iv) the fees and disbursements of a firm of
certified public accountants selected by the Purchaser and the Seller with
respect to numerical information in respect of the Mortgage Loans and the
Certificates included in the Prospectus, the Offering Circular (as defined in
the Indemnification Agreement) and any related 8-K Information (as defined in
the Underwriting Agreement), including the cost of obtaining any "comfort
letters" with respect to such items; (v) the costs and expenses in connection
with the qualification or exemption of the Certificates under state securities
or blue sky laws, including filing fees and reasonable fees and disbursements of
counsel in connection therewith; (vi) the costs and expenses in connection with
any determination of the eligibility of the Certificates for investment by
institutional investors in any jurisdiction and the preparation of any legal
investment survey, including reasonable fees and disbursements of counsel in
connection therewith; (vii) the costs and expenses in connection with printing
(or otherwise reproducing) and delivering the Registration Statement and
Prospectus and the reproducing and delivery of this Agreement and the furnishing
to the Underwriters of such copies of the Registration Statement, Prospectus and
this Agreement as the Underwriters may reasonably request; (viii) the fees of
the rating agency or agencies requested to rate the Certificates; and (ix) the
reasonable fees and expenses of Cadwalader, Wickersham & Taft LLP, counsel to
the Purchaser and the Underwriters.

            SECTION 11 Severability of Provisions. If any one or more of the
covenants, agreements, provisions or terms of this Agreement shall be for any
reason whatsoever held invalid, then such covenants, agreements, provisions or
terms shall be deemed severable from the remaining covenants, agreements,
provisions or terms of this Agreement and shall in no way affect the validity or
enforceability of the other provisions of this Agreement. Furthermore, the
parties shall in good faith endeavor to replace any provision held to be invalid
or unenforceable with a valid and enforceable provision which most closely
resembles, and which has the same economic effect as, the provision held to be
invalid or unenforceable.

            SECTION 12 Governing Law. This Agreement shall be construed in
accordance with the laws of the State of New York without regard to conflicts of
law principles and the obligations, rights and remedies of the parties hereunder
shall be determined in accordance with such laws.

            SECTION 13 No Third-Party Beneficiaries. The parties do not intend
the benefits of this Agreement to inure to any third party except as expressly
set forth in Section 14.

            SECTION 14 Assignment. The Seller hereby acknowledges that the
Purchaser has, concurrently with the execution hereof, executed and delivered
the Pooling and Servicing Agreement and that, in connection therewith, it has
assigned its rights hereunder to the Trustee for the benefit of the
Certificateholders. The Seller hereby acknowledges its obligations pursuant to
Sections 2.01, 2.02 and 2.03 of the Pooling and Servicing Agreement. This
Agreement shall bind and inure to the benefit of and be enforceable by the
Seller, the Purchaser and their permitted successors and assigns. The warranties
and representations and the agreements made by the Seller herein shall survive
delivery of the Mortgage Loans to the Trustee until the termination of the
Pooling and Servicing Agreement.

            SECTION 15 Notices. All communications hereunder shall be in writing
and effective only upon receipt and (i) if sent to the Purchaser, will be
mailed, hand delivered, couriered or sent by facsimile transmission to it at 85
Broad Street, New York, New York 10004, to the attention of Emily Brooks, fax
number (212) 346-3594, with a copy to David Stiepleman, fax number (212)
428-3141, (ii) if sent to the Seller, will be mailed, hand delivered, couriered
or sent by facsimile transmission and confirmed to it at Goldman Sachs Mortgage
Company, 85 Broad Street, New York, New York 10004, to the attention of Emily
Brooks, fax number (212) 346-3594, with a copy to David Stiepleman, Esq., fax
number (212) 428-3141 and (iii) in the case of any of the preceding parties,
such other address as may hereafter be furnished to the other party in writing
by such parties.

            SECTION 16 Amendment. This Agreement may be amended only by a
written instrument which specifically refers to this Agreement and is executed
by the Purchaser and the Seller. This Agreement shall not be deemed to be
amended orally or by virtue of any continuing custom or practice. No amendment
to the Pooling and Servicing Agreement which relates to defined terms contained
therein or any obligations or rights of the Seller whatsoever shall be effective
against the Seller unless the Seller shall have agreed to such amendment in
writing.

            SECTION 17 Counterparts. This Agreement may be executed in any
number of counterparts, and by the parties hereto in separate counterparts, each
of which when executed and delivered shall be deemed to be an original and all
of which taken together shall constitute one and the same instrument.

            SECTION 18 Exercise of Rights. No failure or delay on the part of
any party to exercise any right, power or privilege under this Agreement and no
course of dealing between the Seller and the Purchaser shall operate as a waiver
thereof, nor shall any single or partial exercise of any right, power or
privilege under this Agreement preclude any other or further exercise thereof or
the exercise of any other right, power or privilege. The rights and remedies
herein expressly provided are cumulative and not exclusive of any rights or
remedies which any party would otherwise have pursuant to law or equity. No
notice to or demand on any party in any case shall entitle such party to any
other or further notice or demand in similar or other circumstances, or
constitute a waiver of the right of either party to any other or further action
in any circumstances without notice or demand.

            SECTION 19 No Partnership. Nothing herein contained shall be deemed
or construed to create a partnership or joint venture between the parties
hereto. Nothing herein contained shall be deemed or construed as creating an
agency relationship between the Purchaser and the Seller and neither party shall
take any action which could reasonably lead a third party to assume that it has
the authority to bind the other party or make commitments on such party's
behalf.

            SECTION 20 Miscellaneous. This Agreement supersedes all prior
agreements and understandings relating to the subject matter hereof. Neither
this Agreement nor any term hereof may be waived, discharged or terminated
orally, but only by an instrument in writing signed by the party against whom
enforcement of the waiver, discharge or termination is sought.

            SECTION 21 Further Assurances. The Seller and Purchaser each agree
to execute and deliver such instruments and take such further actions as any
party hereto may, from time to time, reasonably request in order to effectuate
the purposes and carry out the terms of this Agreement.

                                   * * * * * *

<PAGE>

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

                                       GS MORTGAGE SECURITIES CORPORATION II

                                       By: /s/ Leo Huang
                                          ------------------------------------
                                          Name:  Leo Huang
                                          Title: CFO

                                       GOLDMAN SACHS MORTGAGE COMPANY

                                       By: Goldman Sachs Real Estate
                                           Funding Corp.,
                                           its General Partner

                                       By: /s/ Leo Huang
                                          ------------------------------------
                                          Name:  Leo Huang
                                          Title: V.P.

<PAGE>

                                    EXHIBIT A

                             MORTGAGE LOAN SCHEDULE

2006-GG8 Goldman Mortgage Loan Schedule
<TABLE>
<CAPTION>

Control                   Loan        Loan
Number    Footnotes      Number       Group              Property Name                                         Address
-------   ---------   ------------   -------   -------------------------------------   --------------------------------------------
<S>       <C>         <C>            <C>       <C>                                     <C>
      1               00-1001195     Group 1   One Beacon Street                       One Beacon Street
      5               00-1001194     Group 1   Village of Merrick Park                 358 San Lorenzo Avenue
      7               09-0002400     Group 1   The Alhambra                            1000 South Fremont Avenue
     10               00-1001193     Group 1   Fair Lakes Office Park                  12450, 12500, 12600, 12700, 12701,
                                                                                       12730 & 12750
                                                                                       Fair Lakes Circle & 4300 &
                                                                                       4350 Fair Lakes Court
     17               00-1001196     Group 1   Seattle Trade Center                    2600 and 2601 Elliott Avenue
     25               09-0002398     Group 1   Sherwood Regional Mall                  5308 Pacific Avenue
     31               09-0002203     Group 1   GVR I,II,III                            2475, 2485 & 2495 Village View Drive
     35               09-0002381     Group 2   Copper Beech Townhomes - Missouri       3217 Old Highway 63 South
     36               09-0002291     Group 2   Copper Beech Townhomes - Michigan       10247 48th Avenue
     37               09-0002236     Group 1   Mullins Crossing Shopping Center        4223 Washington Road
     38               09-0002373     Group 1   Paradise Esplanade                      4480 Paradise Road
     39               09-0002403     Group 1   600 Jefferson Avenue                    600 Jefferson Avenue
     40               09-0002411     Group 1   El Dorado Hills Town Center             2101, 2085 & 2023 Vine Street
     46               09-0002235     Group 1   Highridge Crossings                     28102-28194 Newhall Ranch Road
     47               09-0002429     Group 1   Nameoki Commons Shopping Center         3401-3551 Nameoki Road
     48               09-0002416     Group 1   Greenlawn Phase I                       601 Louis Henna Boulevard
     49               09-0002147     Group 1   Brannon Crossing                        150 Langley Drive, 101 Cynthia Drive &
                                                                                       230 East Brannon Road
     51               09-0002413     Group 1   1301 Connecticut Avenue, NW             1301 Connecticut Avenue
     54               09-0002436     Group 1   Lincoln Corners                         2209 West Lincoln Avenue
     55               09-0002412     Group 1   Vista Ridge Marketplace                 2601 Stemmons Freeway
     57               09-0002399     Group 1   Scottsdale Gateway II                   8901 East Mountain View Road
     66               09-0002440     Group 1   Decatur Crossing II                     6420, 6450 and 6480 Cameron Street
     70               09-0002314     Group 1   Palomar Point                           1910, 1920 and 1930 Palomar Point Way
     72               09-0002396     Group 1   Westgate Shopping Center                307, 311, 315, 363 & 369 South Lower
                                                                                       Sacramento Road
     75               09-0002410     Group 1   Pecos Legacy                            2556 Wigwam Parkway
     76               09-0002386     Group 1   Jetport                                 14231, 14241 & 14261 Jetport Loop
     77               09-0002330     Group 1   Village Square Retail Center            5700-5810 East Florence Avenue &
                                                                                       7220 Eastern Avenue
     78               09-0002392     Group 1   Mercado at Scottsdale Ranch             10105, 10135, 10155 East Via Linda
                                                                                       & 10050 E. Mountain View Road
     80               09-0002380     Group 2   Copper Beech Townhomes - Indiana        915 South Basswood Drive
     81               09-0002368     Group 1   Western Area Power Admin. HQ            12155 West Alameda Parkway
     84               09-0002404     Group 1   1000 Secaucus Road                      1000 Secaucus Road
     87               09-0002395     Group 1   Smithsonian Warehouse                   8308 Cinder Bed Road
     88               09-0002432     Group 1   The Grande 16                           3141 Johnston Street
     90               09-0002258     Group 1   Ballantyne Corporate Park Shopping      14015, 14021 & 14027 Conlan Circle
     91               09-0002300     Group 1   Mission Valley Shopping Center          2251 Avent Ferry Road
     92               09-0002365     Group 1   Three Tower Bridge                      2 Ash Street
     95               09-0002375     Group 1   Bedminster Medical Plaza                1 Robertson Drive
     96               09-0002415     Group 1   Govalle                                 2701 East 7th Street
     99               09-0002394     Group 1   McKee Portfolio
  99.01               09-0002394-1   Group 1   McKee Office Buildings                  900, 920 & 940 West Sproul Road
  99.02               09-0002394-2   Group 1   1 Media Place                           1023 East Baltimore Pike
    100               09-0002430     Group 1   Excelsior Drive                         8413 & 8417 Excelsior Drive
    102               09-0002408     Group 1   Crossroads Plaza Shopping Center        47-49 & 75-81 Route 25A
    104               09-0002374     Group 1   LaCrosse Three Rivers Plaza             40 Copeland Avenue
    106               09-0002427     Group 1   333 Cedar Avenue                        333 Cedar Avenue
    108               09-0002437     Group 2   Ventana Palms Apartments                7021 West McDowell Road
    109               09-0002371     Group 2   Phoenix Apartments                      4004 Meadows Drive
    110               09-0002438     Group 1   Thunderbird Plaza                       13600-13640 North 99th Avenue
    111               09-0002270     Group 1   Atlantic Commons Shopping Center        2036 Campostella Road
    113               09-0002421     Group 1   East Windsor Medical Arts Building      300 Princeton Hightstown Road
    114           4   09-0002362     Group 1   Lichtins Office                         3110 Edwards Mill Road
    115               09-0002431     Group 1   AmStar 16                               5996 Zebulon Road
    116               09-0002422     Group 1   Dallas West Village II                  3839 McKinney Avenue
    117               09-0002425     Group 1   Short Pump Village                      11402-11446 West Broad Street
    120               09-0002389     Group 1   Southshore Shops                        12000 Southshore Pointe Drive
    122               09-0002414     Group 1   Jamestown Village Plaza                 2656-2750 Mahoning Avenue
    123               09-0002417     Group 1   Shady Hollow Village I                  9901 Brodie Lane
    124               09-0002406     Group 1   Metcalf Building                        100 South Orange Avenue
    126               09-0002424     Group 1   Monument Marketplace                    15910, 15932 & 15954 Jackson Creek Parkway
    129               09-0002378     Group 1   Ralston Plaza                           12325-12399 West 64th Avenue
                                                                                       & 6410-6490 Ward Road
    131               09-0002418     Group 1   Battlefield Tech Center III             530 Independence Parkway
    132               09-0002385     Group 1   Flowers Plantation                      50 Neuse River Parkway
    133               09-0002435     Group 1   Arroyo Grande Stadium 10                1160 West Branch Street
    135               09-0002397     Group 1   Southampton Shopping Center             111-119 Main Street
    136           4   09-0002382     Group 1   Talmadge Town Center                    4038 Talmadge Road
    138               09-0002183     Group 1   South Jefferson Medical Arts Building   91 South Jefferson Road
    143               09-0002383     Group 1   CVS Pharmacy                            5050 West Baseline Road
    144               09-0002393     Group 1   Park West Office I                      406 Science Drive
    145               09-0002441     Group 1   Glacier View Office Building            1289 Deming Way
    146               09-0002348     Group 1   American Sale Building                  745 North Center Boulevard
    147               09-0002388     Group 1   Cumberland Station                      768 South Jefferson Avenue
    150               09-0002401     Group 1   Village at Lafayette Square             297 North Highway 287
    151               09-0002402     Group 1   Park West Office II                     440 Science Drive
    152               09-0002376     Group 1   Rangeline Plaza                         5300 Halls Mill Road
    156               09-0002384     Group 1   Pyramid V                               4494 North John Young Parkway &
                                                                                       4439 Parkway Commerce Boulevard
    157               09-0002390     Group 1   Crawford's Landing                      115 East Broadway
    159               09-0002428     Group 1   Stonecrest                              2998 Turner Hill Road

<CAPTION>
                                                                                    Monthly       Gross        Remaining
Control                                                            Cut-Off Date       Debt       Interest       Term To
Number          City                State              Zip Code     Balance ($)    Service ($)   Rate (%)    Maturity (Mos.)
-------   -----------------   --------------------   -----------   ------------   ------------   --------    ---------------
<S>       <C>                 <C>                    <C>           <C>            <C>            <C>         <C>
      1   Boston              Massachusetts                02108    210,000,000   1,082,503.82    6.10100%                58
      5   Coral Gables        Florida                      33146    169,677,544   1,001,272.39    5.83500%                58
      7   Alhambra            California                   91803    130,000,000     695,603.82    6.33300%               117
     10   Fairfax             Virginia                     22033    116,550,000   1,360,691.27    6.21800%               118
     17   Seattle             Washington                   98121     75,250,000     377,851.68    5.94300%               119
     25   Stockton            California                   95207     44,952,570     261,180.18    5.70000%               119
     31   Henderson           Nevada                       89074     31,807,658     178,808.10    5.30000%               109
     35   Columbia            Missouri                     65201     24,515,827     150,470.15    6.22000%               120
     36   Allendale           Michigan                     49401     23,780,000     142,267.49    5.98000%               120
     37   Evans               Georgia                      30809     23,500,000     133,430.42    5.50000%               119
     38   Las Vegas           Nevada                       89109     23,500,000     135,056.78    5.61000%               112
     39   Secaucus            New Jersey                   07094     23,000,000     137,453.31    5.97000%               119
     40   El Dorado           California                   95762     22,800,000     133,799.68    5.80000%               120
     46   Santa Clarita       California                   91355     19,150,000     113,218.30    5.87000%               119
     47   Granite City        Illinois                     62040     19,070,000     100,057.91    6.21000%               120
     48   Round Rock          Texas                        78664     18,850,000      97,470.21    6.12000%               120
     49   Nicholasville       Kentucky                     40356     18,237,060     102,848.02    5.42000%               118
     51   Washington          District of Columbia         20036     18,100,000      94,662.58    6.19000%                59
     54   Harlingen           Texas                        78552     17,420,000      88,751.27    6.03000%               120
     55   Lewisville          Texas                        75067     17,200,000     102,349.89    5.93000%               119
     57   Scottsdale          Arizona                      85258     17,000,000      86,324.19    6.01000%               119
     66   Las Vegas           Nevada                       89118     14,000,000      82,949.55    5.89000%               120
     70   Carlsbad            California                   92008     13,100,000      75,535.10    5.64000%               120
     72   Lodi                California                   95242     12,500,000      74,462.31    5.94000%               119
     75   Henderson           Nevada                       89074     12,000,000      73,808.04    6.24000%               118
     76   Fort Myers          Florida                      33913     11,800,000      71,507.39    6.10000%               118
     77   Bell Gardens        California                   90201     11,400,000      67,471.74    5.88000%               120
     78   Scottsdale          Arizona                      85258     11,100,000      55,051.63    5.87000%               118
     80   Bloomington         Indiana                      47403     10,860,140      66,656.00    6.22000%               120
     81   Lakewood            Colorado                     80228     10,750,000      66,119.70    6.24000%               117
     84   Secaucus            New Jersey                   07094     10,000,000      59,955.05    6.00000%               119
     87   Lorton              Virginia                     22079      9,400,000      56,660.28    6.05000%               118
     88   Lafayette           Louisiana                    70503      9,260,000      59,775.57    6.02000%               120
     90   Charlotte           North Carolina               28277      9,100,000      56,712.66    6.36500%               117
     91   Raleigh             North Carolina               27606      8,800,000      53,964.55    5.97000%               120
     92   Conshohocken        Pennsylvania                 19428      8,600,000      53,119.59    6.28000%               116
     95   Bedminster          New Jersey                   07921      8,484,631      51,235.36    6.05000%               118
     96   Austin              Texas                        78702      8,200,000      42,054.42    6.07000%               120
     99                                                               7,900,000      50,610.46    5.94000%               120
  99.01   Springfield         Pennsylvania                 19064
  99.02   Media               Pennsylvania                 19063
    100   Madison             Wisconsin                    53717      7,855,000      47,854.88    6.15000%               120
    102   Rocky Point         New York                     11778      7,600,000      46,399.79    6.17000%               119
    104   LaCrosse            Wisconsin                    54603      7,447,000      45,852.46    6.25000%               118
    106   Middlesex Borough   New Jersey                   08846      7,200,000      42,429.80    5.84000%               120
    108   Phoenix             Arizona                      85035      7,000,000      42,419.64    6.10000%                83
    109   Indianapolis        Indiana                      46205      6,973,364      53,017.59    6.70000%               118
    110   Sun City            Arizona                      85351      6,800,000      40,333.28    5.90000%               120
    111   Chesapeake          Virginia                     23324      6,800,000      39,985.86    5.82000%               117
    113   East Windsor        New Jersey                   08520      6,600,000      39,147.01    5.90000%               120
    114   Raleigh             North Carolina               27612      6,600,000      40,465.79    6.21000%               117
    115   Macon               Georgia                      31210      6,580,000      42,475.51    6.02000%               120
    116   Dallas              Texas                        75204      6,568,000      38,831.22    5.87000%               120
    117   Glen Allen          Virginia                     23060      6,500,000      41,483.16    5.90000%               120
    120   Midlothian          Virginia                     23112      6,000,000      35,818.88    5.96000%               118
    122   Warren              Ohio                         44483      5,780,000      34,098.58    5.85000%               120
    123   Austin              Texas                        78748      5,750,000      29,537.96    6.08000%               120
    124   Orlando             Florida                      32801      5,634,710      34,946.84    6.31000%               119
    126   Monument            Colorado                     80132      5,450,000      33,167.66    6.14000%               120
    129   Arvada              Colorado                     80004      5,400,000      33,459.74    6.31000%               117
    131   Chesapeake          Virginia                     23320      5,200,000      31,511.73    6.10000%               120
    132   Clayton             North Carolina               27527      5,150,000      31,242.01    6.11000%               118
    133   Arroyo Grande       California                   93420      5,100,000      32,921.75    6.02000%               120
    135   Southampton         New York                     11968      5,000,000      24,882.52    5.89000%               119
    136   Toledo              Ohio                         43623      4,800,000      29,087.75    6.10000%               118
    138   Hanover             New Jersey                   07981      4,540,000      27,747.20    6.18000%               118
    143   Phoenix             Arizona                      85339      4,390,000      27,087.12    6.27000%               118
    144   Madison             Wisconsin                    53711      4,250,000      25,837.19    6.13000%               119
    145   Madison             Wisconsin                    53717      4,070,000      24,454.07    6.02000%               120
    146   Romeoville          Illinois                     60446      4,044,147      26,069.46    5.99000%               119
    147   Cookeville          Tennessee                    38501      3,930,000      23,968.12    6.16000%               119
    150   Lafayette           Colorado                     80026      3,700,000      22,135.82    5.98000%               119
    151   Madison             Wisconsin                    53711      3,196,820      19,206.20    6.01000%               119
    152   Mobile              Alabama                      36619      2,548,000      15,506.64    6.14000%               117
    156   Orlando             Florida                      32808      2,295,971      14,071.86    6.19000%               118
    157   Monona              Wisconsin                    53716      2,100,000      12,821.00    6.17000%               118
    159   Lithonia            Georgia                      30038      1,672,000      10,392.86    6.34000%               120

<CAPTION>

                              Remaining        Interest
Control                   Amortization Term    Accrual     Subservicing    Servicing      Administrative     Ground      Mortgage
Number    Maturity Date        (Mos.)           Method     Fee Rate (%)   Fee Rate (%)     Fee Rate (%)     Lease Y/N   Loan Seller
-------   -------------   -----------------   ----------   ------------   ------------    --------------    ---------   -----------
<S>       <C>             <C>                 <C>          <C>            <C>             <C>               <C>         <C>
      1   8/6/2011                        0   Actual/360                       0.02000%          0.02049%   No          GSMC
      5   8/6/2011                      358   Actual/360                       0.02000%          0.02049%   Yes         GSMC
      7   7/6/2016                        0   Actual/360        0.01500%       0.02000%          0.03549%   No          GSMC
     10   8/1/2016                        0   Actual/360                       0.02000%          0.02049%   No          GSMC
     17   9/6/2016                        0   Actual/360                       0.02000%          0.02049%   No          GSMC
     25   9/6/2016                      359   Actual/360                       0.02000%          0.02049%   No          GSMC
     31   11/6/2015                     349   Actual/360                       0.02000%          0.02049%   No          GSMC
     35   10/1/2016                     360   Actual/360                       0.02000%          0.02049%   No          GSMC
     36   10/1/2016                     360   Actual/360                       0.02000%          0.02049%   No          GSMC
     37   9/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
     38   2/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
     39   9/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
     40   10/6/2016                     360   Actual/360                       0.02000%          0.02049%   No          GSMC
     46   9/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
     47   10/1/2016                       0   Actual/360                       0.02000%          0.02049%   No          GSMC
     48   10/6/2016                       0   Actual/360        0.04000%       0.02000%          0.06049%   No          GSMC
     49   8/6/2016                      358   Actual/360                       0.02000%          0.02049%   No          GSMC
     51   9/6/2011                        0   Actual/360                       0.02000%          0.02049%   No          GSMC
     54   10/6/2016                       0   Actual/360                       0.02000%          0.02049%   No          GSMC
     55   9/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
     57   9/6/2016                        0   Actual/360                       0.02000%          0.02049%   No          GSMC
     66   10/6/2016                     360   Actual/360                       0.02000%          0.02049%   No          GSMC
     70   10/1/2016                     360   Actual/360        0.05000%       0.01000%          0.06049%   No          GSMC
     72   9/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
     75   8/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
     76   8/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
     77   10/6/2016                     360   Actual/360                       0.02000%          0.02049%   Yes         GSMC
     78   8/6/2016                        0   Actual/360        0.05000%       0.02000%          0.07049%   No          GSMC
     80   10/1/2016                     360   Actual/360                       0.02000%          0.02049%   No          GSMC
     81   7/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
     84   9/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
     87   8/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
     88   10/6/2016                     300   Actual/360                       0.02000%          0.02049%   Yes         GSMC
     90   7/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
     91   10/6/2016                     336   Actual/360                       0.02000%          0.02049%   Yes         GSMC
     92   6/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
     95   8/6/2016                      358   Actual/360                       0.02000%          0.02049%   No          GSMC
     96   10/6/2016                       0   Actual/360        0.04000%       0.02000%          0.06049%   No          GSMC
     99   10/6/2016                     300   Actual/360                       0.02000%          0.02049%   No          GSMC
  99.01                                                                                                     No
  99.02                                                                                                     No
    100   10/6/2016                     360   Actual/360        0.05000%       0.02000%          0.07049%   No          GSMC
    102   9/6/2016                      360   Actual/360        0.05000%       0.02000%          0.07049%   No          GSMC
    104   8/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
    106   10/1/2016                     360   Actual/360        0.05000%       0.01000%          0.06049%   No          GSMC
    108   9/6/2013                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
    109   8/6/2016                      238   Actual/360                       0.02000%          0.02049%   No          GSMC
    110   10/6/2016                     360   Actual/360                       0.02000%          0.02049%   No          GSMC
    111   7/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
    113   10/6/2016                     360   Actual/360                       0.02000%          0.02049%   No          GSMC
    114   7/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
    115   10/6/2016                     300   Actual/360                       0.02000%          0.02049%   No          GSMC
    116   10/1/2016                     360   Actual/360                       0.02000%          0.02049%   No          GSMC
    117   10/6/2016                     300   Actual/360                       0.02000%          0.02049%   No          GSMC
    120   8/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
    122   10/6/2016                     360   Actual/360                       0.02000%          0.02049%   No          GSMC
    123   10/6/2016                       0   Actual/360        0.04000%       0.02000%          0.06049%   No          GSMC
    124   9/6/2016                      359   Actual/360                       0.02000%          0.02049%   No          GSMC
    126   10/6/2016                     360   Actual/360                       0.02000%          0.02049%   No          GSMC
    129   7/6/2016                      360   Actual/360        0.05000%       0.02000%          0.07049%   No          GSMC
    131   10/6/2016                     360   Actual/360                       0.02000%          0.02049%   No          GSMC
    132   8/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
    133   10/6/2016                     300   Actual/360                       0.02000%          0.02049%   No          GSMC
    135   9/6/2016                        0   Actual/360                       0.02000%          0.02049%   No          GSMC
    136   8/6/2016                      360   Actual/360        0.05000%       0.02000%          0.07049%   No          GSMC
    138   8/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
    143   8/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
    144   9/6/2016                      360   Actual/360                       0.02000%          0.02049%   Yes         GSMC
    145   10/6/2016                     360   Actual/360                       0.02000%          0.02049%   No          GSMC
    146   9/6/2016                      299   Actual/360                       0.02000%          0.02049%   No          GSMC
    147   9/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
    150   9/1/2016                      360   Actual/360        0.08000%       0.01000%          0.09049%   No          GSMC
    151   9/6/2016                      359   Actual/360                       0.02000%          0.02049%   Yes         GSMC
    152   7/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
    156   8/6/2016                      358   Actual/360                       0.02000%          0.02049%   No          GSMC
    157   8/6/2016                      360   Actual/360                       0.02000%          0.02049%   No          GSMC
    159   10/6/2016                     360   Actual/360                       0.02000%          0.02049%   No          GSMC

<CAPTION>
                                                            Crossed With                                       Companion Loan
Control                                                      Other Loans     Companion Loan   Companion Loan        Monthly
Number              Prepayment Provision (1)               (Crossed Group)        Flag        Cut-off Balance       Payment
-------   ----------------------------------------------   ---------------   --------------   ---------------   --------------
<S>       <C>                                              <C>               <C>              <C>               <C>
      1   Lockout/23_YM/32_0%/4
      5   Lockout/26_Defeasance/27_0%/7
      7   Lockout/27_Defeasance/89_0%/4
     10   Lockout/26_Defeasance/90_0%/4                                      Yes               259,000,000.00       612,311.07
     17   Lockout/25_Defeasance/91_0%/4
     25   Lockout/25_Defeasance/91_0%/4
     31   Lockout/35_Defeasance/81_0%/4
     35   Lockout/24_Defeasance/92_0%/4
     36   Lockout/24_Defeasance/92_0%/4
     37   Lockout/25_Defeasance/91_0%/4
     38   Lockout/32_Defeasance/84_0%/4
     39   Lockout/25_Defeasance/91_0%/4
     40   Lockout/24_Defeasance or
          Greater of YM or 1%/89_0%/7
     46   Lockout/25_Defeasance/91_0%/4
     47   Lockout/24_Defeasance/92_0%/4
     48   Lockout/23_>YM or 1%/90_0%/7
     49   Lockout/26_Defeasance/90_0%/4
     51   Lockout/25_Defeasance/30_0%/5
     54   Lockout/24_Defeasance/92_0%/4
     55   Lockout/25_Defeasance/91_0%/4
     57   Lockout/25_Defeasance/91_0%/4
     66   Lockout/24_Defeasance/92_0%/4
     70   Lockout/24_Defeasance/92_0%/4
     72   Lockout/25_Defeasance/91_0%/4
     75   Lockout/26_Defeasance or
          Greater of YM or 1%/90_0%/4
     76   Lockout/26_Defeasance/90_0%/4
     77   Lockout/24_Defeasance/92_0%/4
     78   Lockout/23_>YM or 1%/90_0%/7
     80   Lockout/24_Defeasance/92_0%/4
     81   Lockout/27_Defeasance/89_0%/4
     84   Lockout/25_Defeasance/91_0%/4
     87   Lockout/26_Defeasance/90_0%/4
     88   Lockout/24_Defeasance/92_0%/4
     90   Lockout/27_Defeasance/89_0%/4
     91   Lockout/24_Defeasance/92_0%/4
     92   Lockout/28_Defeasance/88_0%/4
     95   Lockout/26_Defeasance/90_0%/4
     96   Lockout/23_>YM or 1%/90_0%/7
     99   Lockout/24_Defeasance/92_0%/4                                                                           1,054,570.95
  99.01
  99.02
    100   Lockout/24_Defeasance/92_0%/4
    102   Lockout/25_Defeasance or Greater of
          YM or 1%/91_0%/4
    104   Lockout/26_Defeasance/90_0%/4
    106   Lockout/24_>YM or 1%/92_0%/4
    108   Lockout/25_Defeasance/55_0%/4
    109   Lockout/26_Defeasance/90_0%/4
    110   Lockout/24_Defeasance/92_0%/4
    111   Lockout/27_Defeasance/89_0%/4
    113   Lockout/24_Defeasance/92_0%/4
    114   Lockout/27_Defeasance/89_0%/4
    115   Lockout/24_Defeasance/92_0%/4
    116   Lockout/24_Defeasance/92_0%/4
    117   Lockout/24_Defeasance/92_0%/4
    120   Lockout/26_Defeasance/90_0%/4
    122   Lockout/24_Defeasance/92_0%/4
    123   Lockout/23_>YM or 1%/90_0%/7
    124   Lockout/25_Defeasance/91_0%/4
    126   Lockout/24_Defeasance or Greater
          of YM or 1%/92_0%/4
    129   Lockout/27_Defeasance or Greater
          of YM or 1%/89_0%/4
    131   Lockout/24_Defeasance/92_0%/4
    132   Lockout/26_Defeasance/90_0%/4
    133   Lockout/24_Defeasance/92_0%/4
    135   Lockout/25_Defeasance/91_0%/4                                                         81,885,336.29       517,020.46
    136   Lockout/26_Defeasance/90_0%/4
    138   Lockout/26_Defeasance/90_0%/4
    143   Lockout/26_>YM or 1%/90_0%/4
    144   Lockout/23_Greater of YM or 1%/2_Defeasance
          or Greater of YM or 1%/91_0%/4
    145   Lockout/24_Defeasance/92_0%/4
    146   Lockout/25_Defeasance/91_0%/4
    147   Lockout/25_Defeasance/91_0%/4
    150   Lockout/23_>YM or 1%/93_0%/4
    151   Lockout/23_Greater of YM or 1%/2_Defeasance or
          Greater of YM or 1%/91_0%/4
    152   Lockout/27_Defeasance/89_0%/4
    156   Lockout/26_Defeasance/90_0%/4
    157   Lockout/26_Defeasance/90_0%/4
    159   Lockout/24_Defeasance/92_0%/4

<CAPTION>

                           Companion Loan     Companion Loan
                              Remaining          Remaining       Companion Loan    Subordinate       Subordinate       Subordinate
Control   Companion Loan       Term To       Amortization Term     Servicing      Companion Loan   Companion Loan    Companion Loan
Number    Interest Rate    Maturity (Mos.)        (Mos.)              Fees             Flag        Cut-off Balance   Monthly Payment
-------   --------------   ---------------   -----------------   --------------   --------------   ---------------   ---------------
<S>       <C>              <C>               <C>                 <C>              <C>              <C>               <C>
      1
      5                                                                           Yes                25,000,000.00        147,245.94
      7
     10          6.21800%              118                   0
     17
     25
     31
     35
     36
     37
     38
     39
     40
     46
     47
     48
     49
     51
     54
     55
     57
     66
     70
     72
     75
     76
     77
     78
     80
     81
     84
     87
     88
     90
     91
     92
     95
     96
     99                                                                 0.01000%
  99.01
  99.02
    100
    102
    104
    106
    108
    109
    110
    111
    113
    114                                                                           Yes                   419,000.00          4,553.24
    115
    116
    117
    120
    122
    123
    124
    126
    129
    131
    132
    133
    135                                                                 0.01000%
    136                                                                           Yes                   300,000.00          3,260.08
    138
    143
    144
    145
    146
    147
    150
    151
    152
    156
    157
    159

<CAPTION>

                              Subordinate      Subordinate Companion                Subordinate
           Subordinate      Companion Loan        Loan Remaining                   Companion Loan
Control   Companion Loan   Remaining Term To     Amortization Term                   Servicing
 Number   Interest Rate     Maturity (Mos.)           (Mos.)                            Fees
-------   --------------   -----------------   ---------------------   --------------------------------------
<S>       <C>              <C>                 <C>                     <C>
      1
      5          5.83500%                 58                     358                                   0.0100%
      7
     10
     17
     25
     31
     35
     36
     37
     38
     39
     40
     46
     47
     48
     49
     51
     54
     55
     57
     66
     70
     72
     75
     76
     77
     78
     80
     81
     84
     87
     88
     90
     91
     92
     95
     96
     99
  99.01
  99.02
    100
    102
    104
    106
    108
    109
    110
    111
    113
    114         12.75000%                117                     360   5bp upon Securitization of Subordinate
                                                                       Companion Loan
    115
    116
    117
    120
    122
    123
    124
    126
    129
    131
    132
    133
    135
    136         12.75000%                118                     360   5bp upon Securitization of Subordinate
                                                                       Companion Loan
    138
    143
    144
    145
    146
    147
    150
    151
    152
    156
    157
    159

</TABLE>

1    The Open Period is inclusive of the Maturity Date.
2    Interest rate equals 5.750% through June 5, 2008 and 6.191% thereafter.
3    The 11450 Technology Circle loan is evidenced by two separate pari passu
     notes, each having the economic terms set forth in this Annex.
4    Upon securitization of the subordinate companion loan, the servicing fee
     shall be 5bps.

<PAGE>

                                    EXHIBIT B

                 MORTGAGE LOAN REPRESENTATIONS AND WARRANTIES

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

(2)   Legal Compliance - Origination. The origination practices of the Seller
      have been, in all material respects, legal and as of the date of its
      origination, such Mortgage Loan complied in all material respects with, or
      was exempt from, all requirements of federal, state or local law relating
      to the origination of such Mortgage Loan; provided that such
      representation and warranty does not address or otherwise cover any
      matters with respect to federal, state or local law otherwise covered in
      this Exhibit B.

(3)   Good Title; Conveyance. Immediately prior to the sale, transfer and
      assignment to the Purchaser, the Seller had good and marketable title to,
      and was the sole owner of, each Mortgage Loan, and the Seller is
      transferring such Mortgage Loan free and clear of any and all liens,
      pledges, charges or security interests of any nature encumbering such
      Mortgage Loan, other than the rights of the holder of a related Companion
      Loan pursuant to a Co-Lender Agreement or a pooling and servicing
      agreement. Upon consummation of the transactions contemplated by the
      Mortgage Loan Purchase Agreement, the Seller will have validly and
      effectively conveyed to the Purchaser all legal and beneficial interest in
      and to such Mortgage Loan free and clear of any pledge, lien or security
      interest, other than the rights of a holder of a Companion Loan pursuant
      to a Co-Lender Agreement or pooling and servicing agreement.

(4)   Future Advances. The proceeds of such Mortgage Loan have been fully
      disbursed (except in those cases where the full amount of the Mortgage
      Loan has been disbursed but a portion thereof is being held in escrow or
      reserve accounts pending the satisfaction of certain conditions relating
      to leasing, repairs or other matters with respect to the Mortgaged
      Property), and there is no requirement for future advances thereunder by
      the mortgagee.

(5)   Legal, Valid and Binding Obligation; Assignment of Leases. Each related
      Mortgage Note, Mortgage, Assignment of Leases (if contained in a document
      separate from the Mortgage) and other agreement that evidences or secures
      such Mortgage Loan and was executed in connection with such Mortgage Loan
      by or on behalf of the related Mortgagor is the legal, valid and binding
      obligation of the related Mortgagor (subject to any non-recourse
      provisions therein and any state anti-deficiency or market value limit
      deficiency legislation), enforceable in accordance with its terms, except
      (i) that certain provisions contained in such Mortgage Loan documents are
      or may be unenforceable in whole or in part under applicable state or
      federal laws, but neither the application of any such laws to any such
      provision nor the inclusion of any such provisions renders any of the
      Mortgage Loan documents invalid as a whole and such Mortgage Loan
      documents taken as a whole are enforceable to the extent necessary and
      customary for the practical realization of the rights and benefits
      afforded thereby and (ii) as such enforcement may be limited by
      bankruptcy, insolvency, receivership, reorganization, moratorium,
      redemption, liquidation or other laws affecting the enforcement of
      creditors' rights generally, or by general principles of equity
      (regardless of whether such enforcement is considered in a proceeding in
      equity or at law). The Assignment of Leases (as set forth in the Mortgage
      or in a document separate from the related Mortgage and related to and
      delivered in connection with each Mortgage Loan) establishes and creates a
      valid and enforceable first priority assignment of, or a valid first
      priority security interest in, the related Mortgagor's right to receive
      payments due under all leases, subleases, licenses or other agreements
      pursuant to which any Person is entitled to occupy, use or possess all or
      any portion of the Mortgaged Property, subject to any license granted to
      the related Mortgagor to exercise certain rights and to perform certain
      obligations of the lessor under such leases, and subject to the
      limitations set forth above. The related Mortgage Note, Mortgage and
      Assignment of Leases (if contained in a document separate from the
      Mortgage) contain no provision limiting the right or ability of the Seller
      to assign, transfer and convey the related Mortgage Loan to any other
      Person.

(6)   No Offset or Defense. Subject to the limitations set forth in paragraph
      (5), as of the date of its origination there was, and as of the Cut-off
      Date there is, no valid right of offset and no valid defense,
      counterclaim, abatement or right to rescission with respect to any of the
      related Mortgage Notes, Mortgage(s) or other agreements executed in
      connection therewith, except in each case, with respect to the
      enforceability of any provisions requiring the payment of default
      interest, late fees, additional interest, prepayment premiums or yield
      maintenance charges.

(7)   Assignment of Mortgage and Assignment of Assignment of Leases. Subject to
      the limitations set forth in paragraph (5), each assignment of Mortgage
      and assignment of Assignment of Leases from the Seller to the Trustee (or
      in the case of a Non-Serviced Trust Loan, the assignment in favor of the
      current holder of the mortgage) constitutes the legal, valid and binding
      assignment from the Seller. Any assignment of a Mortgage and assignment of
      Assignment of Leases are recorded (or have been submitted for recording)
      in the applicable jurisdiction.

(8)   Mortgage Lien. Each related Mortgage is a valid and enforceable first lien
      on the related Mortgaged Property (and/or Ground Lease, if applicable),
      subject to the limitations set forth in paragraph (5) and the following
      title exceptions (each such title exception, a "Title Exception", and
      collectively, the "Title Exceptions"): (a) the lien of current real
      property taxes, ground rents, water charges, sewer rents and assessments
      not yet due and payable, (b) covenants, conditions and restrictions,
      rights of way, easements and other matters of public record, (c) the
      exceptions (general and specific) and exclusions set forth in the
      applicable Title Policy (described in paragraph (12) below) or appearing
      of record, (d) other matters to which like properties are commonly
      subject, (e) the right of tenants (whether under ground leases, space
      leases or operating leases) pertaining to the related Mortgaged Property
      and condominium declarations, (f) if such Mortgage Loan is
      cross-collateralized and cross-defaulted with any other Mortgage Loan, the
      lien of the Mortgage for such other Mortgage Loan and (g) if such Mortgage
      Loan is part of a Whole Loan, the rights of the holder of the related
      Companion Loan pursuant to a Co-Lender Agreement or pooling and servicing
      agreement, none of which exceptions described in clauses (a) - (g) above,
      individually or in the aggregate, materially and adversely interferes with
      (1) the current use of the Mortgaged Property, (2) the security intended
      to be provided by such Mortgage, (3) the Mortgagor's ability to pay its
      obligations under the Mortgage Loan when they become due or (4) the value
      of the Mortgaged Property. The Mortgaged Property is free and clear of any
      mechanics' or other similar liens or claims 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. To the Seller's actual
      knowledge no rights are outstanding that under applicable law could give
      rise to any such lien that would be prior or equal to the lien of the
      related Mortgage, unless such lien is bonded over, escrowed for or covered
      by insurance.

(9)   UCC Filings. If the related Mortgaged Property is operated as a
      hospitality property, the Seller has filed or caused to be filed and/or
      recorded (or, if not filed and/or recorded, have been submitted in proper
      form for filing and recording), UCC Financing Statements in the
      appropriate public filing and/or recording offices necessary at the time
      of the origination of the Mortgage Loan to perfect a valid security
      interest in all items of personal property reasonably necessary to operate
      such Mortgaged Property owned by such Mortgagor and located on the related
      Mortgaged Property (other than any personal property subject to a purchase
      money security interest or a sale and leaseback financing arrangement as
      permitted under the terms of the related Mortgage Loan documents or any
      other personal property leases applicable to such personal property), to
      the extent perfection may be effected pursuant to applicable law by
      recording or filing, as the case may be. Subject to the limitations set
      forth in paragraph (5), each related Mortgage (or equivalent document)
      creates a valid and enforceable lien and security interest on the items of
      personalty described above. No representation is made as to the perfection
      of any security interest in rents or other personal property to the extent
      that possession or control of such items or actions other than the filing
      of UCC Financing Statements are required in order to effect such
      perfection.

(10)  Taxes and Assessments. All real estate taxes and governmental assessments,
      or installments thereof, which could be a lien on the related Mortgaged
      Property and that prior to the Cut-off Date have become delinquent in
      respect of each related Mortgaged Property have been paid, or an escrow of
      funds in an amount sufficient to cover such payments has been established.
      For purposes of this representation and warranty, real estate taxes and
      governmental assessments and installments thereof shall not be considered
      delinquent until the earlier of (a) the date on which interest and/or
      penalties would first be payable thereon and (b) the date on which
      enforcement action is entitled to be taken by the related taxing
      authority.

(11)  Condition of Mortgaged Property; No Condemnation. To the Seller's actual
      knowledge, based solely upon due diligence customarily performed in
      connection with the origination of comparable mortgage loans, as of the
      Cut-off Date, (a) each related Mortgaged Property was free and clear of
      any material damage (other than deferred maintenance for which escrows
      were established at origination) that would affect materially and
      adversely the value of such Mortgaged Property as security for the
      Mortgage Loan and (b) there was no proceeding pending for the total or
      partial condemnation of such Mortgaged Property.

(12)  Title Insurance. The lien of each related Mortgage as a first priority
      lien in the original principal amount of such Mortgage Loan (or in the
      case of a Mortgage Loan secured by multiple Mortgaged Properties an
      allocable portion thereof) is insured by an ALTA lender's title insurance
      policy (or a binding commitment therefor), or its equivalent as adopted in
      the applicable jurisdiction (the "Title Policy"), insuring the originator
      of the Mortgage Loan, its successors and assigns, subject only to the
      Title Exceptions; such originator or its successors or assigns is the
      named insured of such policy; such policy is assignable without consent of
      the insurer and will inure to the benefit of the Trustee as mortgagee of
      record (or, with respect to a Non-Serviced Trust Loan, the holder of the
      Mortgage); such policy, if issued, is in full force and effect and all
      premiums thereon have been paid; no claims have been made under such
      policy and the Seller has not done anything, by act or omission, and the
      Seller has no actual knowledge of any matter, which would impair or
      diminish the coverage of such policy. The insurer issuing such policy is
      either (x) a nationally-recognized title insurance company or (y)
      qualified to do business in the jurisdiction in which the related
      Mortgaged Property is located to the extent required. The Title Policy
      contains no material exclusion for, or alternatively it insures (unless
      such coverage is unavailable in the relevant jurisdiction) (a) access to a
      public road or (b) against any loss due to encroachment of any material
      portion of the improvements thereon.

(13)  Insurance. As of the Mortgage Loan origination date, and to the actual
      knowledge of the Seller, as of the Cut-off Date, all insurance coverage
      required under the related Mortgage Loan documents was in full force and
      effect. Each Mortgage Loan requires insurance in such amounts and covering
      such risks as were customarily acceptable to prudent commercial and
      multifamily mortgage lending institutions lending on the security of
      property comparable to the related Mortgaged Property in the jurisdiction
      in which such Mortgaged Property is located, including requirements for
      (a) a fire and extended perils insurance policy, in an amount (subject to
      a customary deductible) at least equal to the lesser of (i) the
      replacement cost of improvements located on such Mortgaged Property, or
      (ii) the initial principal balance of the Mortgage Loan (or in the case of
      a Whole Loan, the outstanding principal balance of the Whole Loan), and in
      any event, the amount necessary to prevent operation of any co-insurance
      provisions, (b) except if such Mortgaged Property is operated as a mobile
      home park, business interruption or rental loss insurance, in an amount at
      least equal to 12 months of operations of the related Mortgaged Property
      (or in the case of a Mortgaged Property without any elevator, 6 months),
      (c) comprehensive general liability insurance against claims for personal
      and bodily injury, death or property damage occurring on, in or about the
      related Mortgaged Property, in an amount customarily required by prudent
      institutional lenders and (d) if such Mortgage Loan is secured by a
      Mortgaged Property (other than a manufactured housing property) located in
      "seismic zones" 3 or 4 in California, Nevada, Idaho, Oregon, Washington or
      Arkansas, a seismic assessment by an independent third party provider was
      conducted and if the seismic assessment (based on a 450-year lookback with
      a 10% probability of exceedance in a 50-year period) revealed a probable
      maximum loss equal to 20% or higher, earthquake insurance. To the actual
      knowledge of the Seller, as of the Cut-off Date, all premiums due and
      payable through the Closing Date have been paid and no notice of
      termination or cancellation with respect to any such insurance policy has
      been received by the Seller. Except for certain amounts not greater than
      amounts which would be considered prudent by an institutional commercial
      mortgage lender with respect to a similar Mortgage Loan and which are set
      forth in the related Mortgage, the related Mortgage Loan documents require
      that any insurance proceeds in respect of a casualty loss, will be applied
      either (i) to the repair or restoration of all or part of the related
      Mortgaged Property or (ii) the reduction of the outstanding principal
      balance of the Mortgage Loan, subject in either case to requirements with
      respect to leases at the related Mortgaged Property and to other
      exceptions customarily provided for by prudent institutional lenders for
      similar loans. The insurance policies each contain a standard mortgagee
      clause naming the Seller and its successors and assigns as loss payee or
      additional insured, as applicable, and each insurance policy provides that
      they are not terminable without 30 days prior written notice to the
      mortgagee (or, with respect to non-payment, 10 days prior written notice
      to the mortgagee) or such lesser period as prescribed by applicable law.
      The loan documents for each Mortgage Loan (a) require that the Mortgagor
      maintain insurance as described above or permit the mortgagee to require
      that the Mortgagor maintain insurance as described above, and (b) permit
      the mortgagee to purchase such insurance at the Mortgagor's expense if the
      Mortgagor fails to do so. The insurer with respect to each policy is
      qualified to write insurance in the relevant jurisdiction to the extent
      required.

(14)  No Material Default. Other than payments due but not yet 30 days or more
      delinquent, (i) there is no material default, breach, violation or event
      of acceleration existing under the related Mortgage or the related
      Mortgage Note, and (ii) to the Seller's actual knowledge, there is no
      event (other than payments due but not yet delinquent) which, with the
      passage of time or with notice and the expiration of any grace or cure
      period, would constitute a material default, breach, violation or event of
      acceleration, provided, however, that this representation and warranty
      does not address or otherwise cover any default, breach, violation or
      event of acceleration (A) that specifically pertains to any matter
      otherwise covered in this Exhibit B (including any schedule or exhibit
      hereto), or (B) with respect to which: (1) the Seller has no actual
      knowledge and (2) written notice of the discovery thereof is not delivered
      to the Seller by the Trustee or the Master Servicer on or prior to the
      date occurring twelve (12) months after the Closing Date. The Seller has
      not waived any material default, breach, violation or event of
      acceleration under such Mortgage or Mortgage Note, unless a written waiver
      to that effect is contained in the related Mortgage File being delivered
      pursuant to the Pooling and Servicing Agreement, and pursuant to the terms
      of the related Mortgage or the related Mortgage Note and other documents
      in the related Mortgage File, no Person or party other than the holder of
      such Mortgage Note (or with respect to a Non-Serviced Trust Loan, the
      applicable servicer as permitted by the applicable Lead PSA) may declare
      any event of default or accelerate the related indebtedness under either
      of such Mortgage or Mortgage Note.

(15)  Payment Record. As of the Closing Date, each Mortgage Loan is not, and in
      the prior 12 months (or since the date of origination if such Mortgage
      Loan has been originated within the past 12 months), has not been, 30 days
      or more past due in respect of any Scheduled Payment.

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

(17)  Reserved.

(18)  Qualified Mortgage. Each Mortgage Loan constitutes a "qualified mortgage"
      within the meaning of Section 860G(a)(3) of the Code (but without regard
      to Treasury Regulations Sections 1.860G-2(f)(2) or 1.860G 2(a)(3) that
      treats a defective obligation as a qualified mortgage, or any
      substantially similar successor provision). Each Mortgage Loan is directly
      secured by a Mortgage on a commercial property or a multifamily
      residential property, and either (1) substantially all of the proceeds of
      such Mortgage Loan were used to acquire, improve or protect the portion of
      such commercial or multifamily residential property that consists of an
      interest in real property (within the meaning of Treasury Regulations
      Sections 1.856-3(c) and 1.856-3(d)) and such interest in real property was
      the only security for such Mortgage Loan as of the Testing Date (as
      defined below), or (2) the fair market value of the interest in real
      property which secures such Mortgage Loan was at least equal to 80% of the
      principal amount of the Mortgage Loan (a) as of the Testing Date, or (b)
      as of the Closing Date. For purposes of the previous sentence, (1) the
      fair market value of the referenced interest in real property shall first
      be reduced by (a) the amount of any lien on such interest in real property
      that is senior to the Mortgage Loan, and (b) a proportionate amount of any
      lien on such interest in real property that is on a parity with the
      Mortgage Loan, and (2) the "Testing Date" shall be the date on which the
      referenced Mortgage Loan was originated unless (a) such Mortgage Loan was
      modified after the date of its origination in a manner that would cause a
      "significant modification" of such Mortgage Loan within the meaning of
      Treasury Regulations Section 1.1001-3(b), and (b) such "significant
      modification" did not occur at a time when such Mortgage Loan was in
      default or when default with respect to such Mortgage Loan was reasonably
      foreseeable. However, if the referenced Mortgage Loan has been subjected
      to a "significant modification" after the date of its origination and at a
      time when such Mortgage Loan was not in default or when default with
      respect to such Mortgage Loan was not reasonably foreseeable, the Testing
      Date shall be the date upon which the latest such "significant
      modification" occurred. Each yield maintenance payment and prepayment
      premium payable under the Mortgage Loans is a "customary prepayment
      penalty" within the meaning of Treasury Regulations Section
      1.860G-1(b)(2). As of the Closing Date, the related Mortgaged Property, if
      acquired in connection with the default or imminent default of such
      Mortgage Loan, would constitute "foreclosure property" within the meaning
      of Section 860G(a)(8) of the Code.

(19)  Environmental Conditions and Compliance. One or more environmental site
      assessments or updates thereof were performed by an environmental
      consulting firm independent of the Seller or the Seller's affiliates with
      respect to each related Mortgaged Property during the 18-months preceding
      the origination of the related Mortgage Loan, and the Seller, having made
      no independent inquiry other than to review the report(s) prepared in
      connection with the assessment(s) referenced herein, has no actual
      knowledge and has received no notice of any material and adverse
      environmental condition or circumstance affecting such Mortgaged Property
      that was not disclosed in such report(s). If any such environmental report
      identified any Recognized Environmental Condition (REC), as that term is
      defined in the Standard Practice for Environmental Site Assessments: Phase
      I Environmental Site Assessment Process Designation: E 1527-00, as
      recommended by the American Society for Testing and Materials (ASTM), with
      respect to the related Mortgaged Property and the same have not been
      subsequently addressed in all material respects, then either (i) an escrow
      greater than or equal to 100% of the amount identified as necessary by the
      environmental consulting firm to address the REC is held by the Seller for
      purposes of effecting same (and the Mortgagor has covenanted in the
      Mortgage Loan documents to perform such work), (ii) a responsible party,
      other than the Mortgagor, having financial resources reasonably estimated
      to be adequate to address the REC is required to take such actions or is
      liable for the failure to take such actions, if any, with respect to such
      circumstances or conditions as have been required by the applicable
      governmental regulatory authority or any environmental law or regulation,
      (iii) the Mortgagor has provided an environmental insurance policy, (iv)
      an operations and maintenance plan has been or will be implemented or (v)
      such conditions or circumstances were investigated further and a qualified
      environmental consulting firm recommended no further investigation or
      remediation.

(20)  Customary Mortgage Provisions. Each related Mortgage Note, Mortgage and
      Assignment of Leases (if contained in a document separate from the
      Mortgage) contain customary and, subject to the limitations and exceptions
      set forth in paragraph (5) and applicable state law, enforceable
      provisions for comparable mortgaged properties similarly situated such as
      to render the rights and remedies of the holder thereof adequate for the
      practical realization against the Mortgaged Property of the benefits of
      the security intended to be provided thereby, including realization by
      judicial or, if applicable, non-judicial foreclosure.

(21)  Bankruptcy. No Mortgagor is a debtor in, and no Mortgaged Property is the
      subject of, any state or federal bankruptcy or insolvency proceeding;
      provided, however, that this representation and warranty does not cover
      any such bankruptcy, reorganization, insolvency or comparable proceeding
      with respect to which: (1) the Seller has no actual knowledge and (2)
      written notice of the discovery thereof is not delivered to the Seller by
      the Trustee or the Master Servicer on or prior to the date occurring
      twelve months after the Closing Date.

(22)  Whole Loan; No Equity Participation, Contingent Interest or Negative
      Amortization. Except with respect to a Mortgage Loan that is part of a
      Whole Loan, each Mortgage Loan is a whole loan. None of the Mortgage Loans
      contain any equity participation, preferred equity component or shared
      appreciation feature by the mortgagee nor does any Mortgage Loan provide
      the mortgagee with any contingent or additional interest in the form of
      participation in the cash flow of the related Mortgaged Property.

(23)  Transfers and Subordinate Debt. Subject to certain exceptions which are
      customarily acceptable to prudent commercial and multifamily mortgage
      lending institutions lending on the security of property comparable to the
      related Mortgaged Property, each Mortgage Loan contains a "due on sale" or
      other such provision for the acceleration of the payment of the unpaid
      principal balance of such Mortgage Loan if, without the consent of the
      holder of the Mortgage and complying with the requirements of the related
      Mortgage Loan documents, (a) the related Mortgaged Property, or any
      controlling or majority equity interest in the related Mortgagor, is
      directly or indirectly pledged, transferred or sold, other than as related
      to (i) family and estate planning transfers, (ii) transfers to certain
      affiliates as defined in the related Mortgage Loan documents (iii)
      transfers of less than a controlling interest in a Mortgagor, or (iv) a
      substitution or release of collateral within the parameters of paragraph
      (26) below, or, (v) as set forth on Exhibit B-23-1 by reason of any
      mezzanine debt that existed at the origination of the related Mortgage
      Loan, or (b) the related Mortgaged Property is encumbered with a
      subordinate lien or security interest against the related Mortgaged
      Property, other than (i) any Companion Loan of any Mortgage Loan or any
      subordinate debt that existed at origination and is permitted under the
      related Mortgage Loan documents, (ii) debt in the ordinary course of
      business or (iii) any Mortgage Loan that is cross-collateralized and
      cross-defaulted with another Mortgage Loan, as set forth on Exhibit
      B-23-2. Except as related to (a)(i), (ii), (iii), (iv) or (v), above or
      b(i), (ii) or (iii) above, no Mortgage Loan may be assigned to another
      entity without the mortgagee's consent. The Mortgage or other Mortgage
      Loan document provides that to the extent any Rating Agency Fees are
      incurred in connection with the review and consent to any transfer or
      encumbrance the Mortgagor is responsible for such payment.

(24)  Waivers and Modification. Except as set forth in the related Mortgage
      File, the terms of the related Mortgage Note and Mortgage have not been
      waived, modified, altered, satisfied, impaired, canceled, subordinated or
      rescinded in any manner which materially interferes with the security
      intended to be provided by such Mortgage. Exhibit B-24 identifies each
      Mortgage Loan as to which, since the latest date on which the final due
      diligence materials were delivered for such Mortgage Loan to CWCapital
      Asset Management LLC, there has been, given, made or consented to an
      alteration, modification or assumption of the terms of the related
      Mortgage Note, Mortgage(s) or any related loan agreement and/or lock-box
      agreement and/or as to which, since such date, there has been a waiver
      other than as related to routine operational matters or minor covenants.

(25)  Inspection. Each related Mortgaged Property was inspected by or on behalf
      of the related originator or an affiliate of the originator during the 12
      month period prior to the related origination date.

(26)  Releases of Mortgaged Property. (A) Since origination, no material portion
      of the related Mortgaged Property has been released from the lien of the
      related Mortgage in any manner which materially and adversely affects the
      value of the Mortgage Loan or materially interferes with the security
      intended to be provided by such Mortgage; and (B) the terms of the related
      Mortgage Loan documents do not permit the release of any portion of the
      Mortgaged Property from the lien of the Mortgage except (i) in
      consideration of payment in full (or in certain cases, the allocated loan
      amount) therefor, (ii) in connection with the substitution of all or a
      portion of the Mortgaged Property in exchange for delivery of "government
      securities" within the meaning of Section 2(a)(16) of the Investment
      Company Act of 1940, as amended, (iii) where such portion to be released
      was not considered material for purposes of underwriting the Mortgage Loan
      and such release was contemplated at origination, (iv) conditioned on the
      satisfaction of certain underwriting and other requirements, including
      payment of a release price representing adequate consideration for such
      Mortgaged Property or the portion thereof to be released, or (v) as set
      forth on Exhibit B-26, in connection with the substitution of a
      replacement property in compliance with REMIC Provisions.

(27)  Local Law Compliance. To the Seller's actual knowledge, based upon a
      letter from governmental authorities, a legal opinion, an endorsement to
      the related title policy, or other due diligence considered reasonable by
      prudent commercial mortgage lenders taking into account the location of
      the Mortgaged Property, as of the date of origination of such Mortgage
      Loan and as of the Cut-off Date, there are no material violations of any
      applicable zoning ordinances, building codes and land laws applicable to
      the Mortgaged Property or the use and occupancy thereof which (i) are not
      insured by the Title Policy or a law and ordinance insurance policy or
      (ii) would have a material adverse effect on the value, operation or net
      operating income of the Mortgaged Property.

(28)  Improvements. To the Seller's actual knowledge based on the Title Policy
      or surveys obtained in connection with the origination of each Mortgage
      Loan, none of the material improvements which were included for the
      purposes of determining the appraised value of the related Mortgaged
      Property at the time of the origination of the Mortgage Loan lies outside
      of the boundaries and building restriction lines of such property (except
      Mortgaged Properties which are legal non-conforming uses), to an extent
      which would have a material adverse affect on the value of the Mortgaged
      Property or related Mortgagor's use and operation of such Mortgaged
      Property (unless affirmatively covered by the related Title Policy) and no
      improvements on adjoining properties encroached upon such Mortgaged
      Property to any material and adverse extent (unless affirmatively covered
      by the related Title Policy).

(29)  Single Purpose Entity. With respect to each Mortgage Loan with a Cut-off
      Date Balance (A) in excess of $5,000,000 the related Mortgagor has
      covenanted in its organizational documents and/or the Mortgage Loan
      documents to own no significant asset other than the related Mortgaged
      Property and assets incidental to its ownership and operation of such
      Mortgaged Property, and to hold itself out as being a legal entity,
      separate and apart from any other Person; and (B) in excess of
      $20,000,000, the representation and warranty in (A) above is true and the
      related Mortgagor (or if the Mortgagor is a limited partnership or a
      multi-member limited liability company, the special purpose general
      partner or special purpose managing member, as applicable, of the related
      Mortgagor), has at least one independent director, and the related
      Mortgagor has delivered a non-consolidation opinion of counsel. For each
      Mortgage Loan for which the related Mortgagor has covenanted in its
      organizational documents and/or the Mortgage Loan documents to own no
      significant asset other than the related Mortgaged Property and assets
      incidental to its ownership and operation of such Mortgaged Property, at
      the time of origination of the Mortgage Loan, to the Seller's actual
      knowledge, the Mortgagor was in compliance with such requirements.

(30)  Advance of Funds. (A) After origination, the Seller has not, directly or
      indirectly, advanced any funds to the Mortgagor, other than pursuant to
      the related Mortgage Loan documents; and (B) to the Seller's actual
      knowledge, no funds have been received from any Person other than the
      Mortgagor, for or on account of payments due on the Mortgage Note.

(31)  Litigation or Other Proceedings. As of the date of origination and, to the
      Seller's actual knowledge, as of the Cut-off Date, there was no pending
      action, suit or proceeding, or governmental investigation of which it has
      received notice, against the Mortgagor or the related Mortgaged Property
      the adverse outcome of which could reasonably be expected to materially
      and adversely affect (i) such Mortgagor's ability to pay its obligations
      under the Mortgage Loan, (ii) the security intended to be provided by the
      Mortgage Loan documents or (iii) the current use of the Mortgaged
      Property.

(32)  Trustee Under Deed of Trust. As of the date of origination, and, to the
      Seller's actual knowledge, as of the Cut-off Date, if the related Mortgage
      is a deed of trust, a trustee, duly qualified under applicable law to
      serve as such, has either been properly designated and serving under such
      Mortgage or may be substituted in accordance with the Mortgage and
      applicable law.

(33)  Usury. The Mortgage Loan and the interest contracted for (exclusive of any
      default interest, late charges, Yield Maintenance Charge or prepayment
      premiums) is a fixed rate, and complied as of the date of origination
      with, or is exempt from, applicable state or federal laws, regulations and
      other requirements pertaining to usury.

(34)  Other Collateral. Except with respect to the Companion Loan of any Whole
      Loan or any Mortgage Loan that is cross-collateralized and cross-defaulted
      with another Mortgage Loan, to the Seller's knowledge, the related
      Mortgage Note is not secured by any collateral that secures a loan that is
      not a Mortgage Loan.

(35)  Flood Insurance. If the improvements on the Mortgaged Property are located
      in a federally designated special flood hazard area, the Mortgagor is
      required to maintain or the mortgagee maintains, flood insurance with
      respect to such improvements and such policy is in full force and effect.

(36)  Escrow Deposits. All escrow deposits and payments required to be deposited
      with the Seller or its agent in accordance with the Mortgage Loan
      documents have been (or by the Closing Date will be) so deposited, are in
      the possession of or under the control of the Seller or its agent (or,
      with respect to a Non-Serviced Trust Loan, in the possession of or under
      the control of the Lead Trustee or its agent under the applicable Lead
      PSA), and there are no deficiencies in connection therewith.

(37)  Licenses and Permits. To the Seller's actual knowledge, based on the due
      diligence customarily performed in the origination of comparable mortgage
      loans by prudent commercial lending institutions considering the related
      geographic area and properties comparable to the related Mortgaged
      Property, (i) as of the date of origination of the Mortgage Loan, the
      related Mortgagor, the related lessee, franchisor or operator was in
      possession of all material licenses, permits and authorizations then
      required for use of the related Mortgaged Property, and, (ii) as of the
      Cut-off Date, the Seller has no actual knowledge that the related
      Mortgagor, the related lessee, franchisor or operator was not in
      possession of such licenses, permits and authorizations.

(38)  Organization of Mortgagors; Affiliation with other Mortgagors. With
      respect to each Mortgage Loan, in reliance on certified copies of the
      organizational documents of the Mortgagor delivered by the Mortgagor in
      connection with the origination of such Mortgage Loan, the Mortgagor is an
      entity organized under the laws of a state of the United States of
      America, the District of Columbia or the Commonwealth of Puerto Rico.
      Except with respect to any Mortgage Loan that is cross-collateralized and
      cross defaulted with another Mortgage Loan, no Mortgage Loan has a
      Mortgagor that is an affiliate of another Mortgagor.

(39)  Fee Simple Interest. Except with respect to the Mortgage Loans listed on
      Exhibit B-39, the Mortgage Loan is secured in whole or in material part by
      the fee simple interest in the related Mortgaged Property.

(40)  Recourse. Each Mortgage Loan is non-recourse to the related Mortgagor
      except that the Mortgagor and a natural person (or an entity with assets
      other than an interest in the Mortgagor) as guarantor have agreed to be
      liable with respect to losses incurred due to (i) fraud and/or other
      intentional material misrepresentation, (ii) misapplication or
      misappropriation of rents collected in advance or received by the related
      Mortgagor after the occurrence of an event of default and not paid to the
      mortgagee or applied to the Mortgaged Property in the ordinary course of
      business, (iii) misapplication or conversion by the Mortgagor of insurance
      proceeds or condemnation awards or (iv) breach of the environmental
      covenants in the related Mortgage Loan documents.

(41)  Access; Tax Parcels. 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, water and sewer (or
      septic facilities) and (c) constitutes one or more separate tax parcels.

(42)  Financial Statements. Each Mortgage requires the Mortgagor to provide the
      mortgagee with operating statements and rent rolls on an annual (or more
      frequent) basis or upon written request.

(43)  Defeasance. If the Mortgage Loan is a Defeasance Loan, the Mortgage Loan
      documents (A) permit defeasance (1) no earlier than two years after the
      Closing Date, and (2) only with substitute collateral constituting
      "government securities" within the meaning of Treasury Regulations Section
      1.860G-2(a)(8)(i) in an amount sufficient to make all scheduled payments
      under the Mortgage Note through the related maturity date (or first day of
      the open period) and the balloon payment that would be due on such date,
      (B) require the delivery of (or otherwise contain provisions pursuant to
      which the mortgagee can require delivery of) (i) an opinion to the effect
      that such mortgagee has a first priority perfected security interest in
      the defeasance collateral, (ii) an accountant's certification as to the
      adequacy of the defeasance collateral to make all payments required under
      the related Mortgage Loan through the related maturity date (or first day
      of the open period) and the balloon payment that would be due on such
      date, (iii) an Opinion of Counsel that the defeasance complies with all
      applicable REMIC Provisions, and (iv) assurances from the Rating Agencies
      that the defeasance will not result in the withdrawal, downgrade or
      qualification of the ratings assigned to the Certificates and (C) contain
      provisions pursuant to which the mortgagee can require the Mortgagor to
      pay expenses associated with a defeasance (including rating agencies'
      fees, accountant's fees and attorneys' fees). Such Mortgage Loan was not
      originated with the intent to collateralize a REMIC offering with
      obligations that are not real estate mortgages.

(44)  Authorization in Jurisdiction. To the extent required under applicable law
      and necessary for the enforcement of the Mortgage Loan, as of the date of
      origination and at all times it held the Mortgage Loan, the originator of
      such Mortgage Loan was authorized to do business in the jurisdiction in
      which the related Mortgaged Property is located.

(45)  Capital Contributions. Neither the Seller nor any affiliate thereof has
      any obligation to make any capital contributions to the Mortgagor under
      the Mortgage Loan documents.

(46)  Subordinate Debt. Except with respect to the Companion Loan of any Whole
      Loan or any Mortgage Loan that is cross-collateralized and cross-defaulted
      with another Mortgage Loan, none of the Mortgaged Properties are
      encumbered by any lien securing the payment of money junior to, of equal
      priority with, or superior to, the lien of the related Mortgage (other
      than Title Exceptions, taxes, assessments and contested mechanics and
      materialmens liens that become payable after the Cut-off Date).

(47)  Ground Lease Representations and Warranties. With respect to each Mortgage
      Loan secured by a leasehold interest (except with respect to any Mortgage
      Loan also secured by the corresponding fee interest in the related
      Mortgaged Property), the Seller represents and warrants the following with
      respect to the related Ground Lease:

            (1) Such Ground Lease or a memorandum thereof has been or will be
      duly recorded and such Ground Lease permits the interest of the lessee
      thereunder to be encumbered by the related Mortgage or, if consent of the
      lessor thereunder is required, it has been obtained prior to the Closing
      Date.

            (2) Upon the foreclosure of the Mortgage Loan (or acceptance of a
      deed in lieu thereof), the Mortgagor's interest in such Ground Lease is
      assignable to the mortgagee and its assigns without the consent of the
      lessor thereunder (or, if any such consent is required, it has been
      obtained prior to the Closing Date).

            (3) Subject to the limitations on enforceability set forth in
      Paragraph 5, such Ground Lease may not be amended, modified, canceled or
      terminated without the prior written consent of the mortgagee and any such
      action without such consent is not binding on the mortgagee, its
      successors or assigns, except that termination or cancellation without
      such consent may be binding on the mortgagee if (i) an event of default
      occurs under the Ground Lease, (ii) notice is provided to the mortgagee
      and (iii) such default is curable by the mortgagee as provided in the
      Ground Lease but remains uncured beyond the applicable cure period.

            (4) Such Ground Lease is in full force and effect and other than
      payments due but not yet 30 days or more delinquent, (i) there is no
      material default, and (ii) to the actual knowledge of the Seller, there is
      no event which, with the passage of time or with notice and the expiration
      of any grace or cure period, would constitute a material default under
      such Ground Lease; provided, however, that this representation and
      warranty does not address or otherwise cover any default, breach,
      violation or event of acceleration that specifically pertains to any
      matter otherwise covered by any other representation and warranty made by
      the Seller elsewhere in this Exhibit B or in any of the exceptions to the
      representations and warranties in Schedule A hereto.

            (5) The Ground Lease or ancillary agreement between the lessor and
      the lessee (i) requires the lessor to give notice of any default by the
      lessee to the mortgagee and (ii) provides that no notice given is
      effective against the mortgagee unless a copy has been delivered to the
      mortgagee in the manner described in the ground lease or ancillary
      agreement.

            (6) The Ground Lease (i) is not subject to any liens or encumbrances
      superior to, or of equal priority with, the Mortgage, other than the
      ground lessor's fee interest and Title Exceptions or (ii) is subject to a
      subordination, non-disturbance and attornment agreement to which the
      mortgagee on the lessor's fee interest in the Mortgaged Property is
      subject.

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

            (8) Such Ground Lease has an original term (together with any
      extension options, whether or not currently exercised, set forth therein
      all of which can be exercised by the mortgagee if the mortgagee acquires
      the lessee's rights under the Ground Lease) that extends not less than 20
      years beyond the Stated Maturity Date or if such Mortgage Loan is fully
      amortizing, extends not less than 10 years after the amortization term for
      the Mortgage Loan.

            (9) Under the terms of the Ground Lease and the related Mortgage
      Loan documents (including, without limitation, any estoppel or consent
      letter received by the mortgagee from the lessor), taken together, any
      related insurance proceeds or condemnation award (other than de minimis
      amounts for minor casualties or 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 mortgagee or a
      trustee appointed by it having the right to hold and disburse such
      proceeds as repair or restoration progresses, or to the payment or
      defeasance of the outstanding principal balance of the Mortgage Loan,
      together with any accrued interest (except in cases where a different
      allocation would not be viewed as commercially unreasonable by any
      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).

            (10) The Ground Lease does not restrict the use of the related
      Mortgaged Property by the lessee or its successors or assigns in a manner
      that would materially adversely affect the security provided by the
      related mortgage.

            (11) The Ground Lease does not impose any restrictions on subletting
      that would be viewed as commercially unreasonable by a prudent commercial
      mortgage lender.

            (12) The ground lessor under such Ground Lease is required to enter
      into a new lease upon termination of the Ground Lease for any reason,
      including the rejection of the Ground Lease in bankruptcy.

<PAGE>

                                 Exhibit B-23-1

               List of Mortgage Loans with Current Mezzanine Debt

       LOAN #        MORTGAGE LOAN
       ------        -------------
         1           One Beacon Street

<PAGE>

                                 Exhibit B-23-2

         List of Cross-Collateralized and Cross-Defaulted Mortgage Loans

                                      None

<PAGE>

                                  Exhibit B-24

      List of Mortgage Loans with Post-Due Diligence Delivery Modifications

                                      None

<PAGE>

                                  Exhibit B-26

                  List of Mortgage Loans with Permitted Release
          in Connection with the Substitution of a Replacement Property
          -------------------------------------------------------------

                                      None

<PAGE>

                                  Exhibit B-39

                Mortgage Loans Secured By A Leasehold Interest In
           All Or A Material Portion Of The Related Mortgaged Property
           -----------------------------------------------------------

Loan No.    Mortgage Loan/ Mortgaged Property
--------    ---------------------------------
   5        Village of Merrick Park
  77        Village Square Retail Center
  88        The Grande 16
  91        Mission Valley Shopping Center
  144       Park West Office I
  151       Park West Office II

<PAGE>

                                    EXHIBIT C

           EXCEPTIONS TO MORTGAGE LOAN REPRESENTATIONS AND WARRANTIES

Representation                           Description of Exception

(8)                         Loan No. 104 (LaCrosse Three Rivers Plaza). The City
Mortgage Lien               of LaCrosse has a lien on the Mortgaged Property to
                            secure Mortgagor's obligations to perform with
                            respect to a tax incentive agreement and in
                            accordance with the related Development Agreement.
                            Notwithstanding the subordination of the lien to the
                            Mortgage, the City has reserved any rights to
                            partially foreclose to the extent of its lien
                            interest securing obligations to perform in lieu of
                            tax payment.

(10)                        Loan No. 104 (LaCrosse Three Rivers Plaza). The City
Taxes and Assessments       of LaCrosse has a lien on the Mortgaged Property to
                            secure Mortgagor's obligations to perform with
                            respect to a tax incentive agreement and in
                            accordance with the related Development Agreement.
                            Notwithstanding subordination of the lien to the
                            Mortgage, the City has reserved any rights to
                            partially foreclose to the extent of its lien
                            interest securing obligations to perform in lieu of
                            tax payment.

(13)                        Loan No. 5 (Village of Merrick Park). Business
Insurance                   interruption insurance is required in an amount to
                            cover from the date of the casualty to the date of
                            the Mortgaged Property is repaired, plus an extended
                            period of indemnity for 60 days after completion of
                            restoration.

                            Loan No. 146 (American Sale Building). The tenant,
                            American Sales Corp., is obligated to carry and pay
                            for insurance coverage and is entitled to collect on
                            insurance proceeds.

(23)                        Loan No. 1 (One Beacon Street). The Mortgagor must
Transfers and               at all times be controlled and at least 50% owned by
Subordinate Debt            one or more Permitted Transferees. "Permitted
                            Transferee" shall mean (i) BCSP IV U.S. Investments,
                            L.P. (a Delaware limited partnership) so long as it
                            is (directly or indirectly) controlled and at least
                            75% owned by the Fund, (ii) any bank, savings and
                            loan association, investment bank, insurance
                            company, trust company, commercial credit
                            corporation, pension plan, pension fund, pension
                            advisory firm, mutual fund, government entity or
                            plan, real estate company, investment fund or
                            institution substantially similar to any of the
                            foregoing, provided in each case that such
                            institution has total assets (in name or under
                            management) in excess of $1,500,000,000 and (except
                            with respect to a pension advisory firm or similar
                            fiduciary) capital/statutory surplus or
                            shareholder's equity in excess of $750,000,000, in
                            each case excluding the Property, and is regularly
                            engaged in the business of owning and operating
                            properties similar to the Property in major
                            metropolitan areas, and/or (iii) any entity with
                            respect to which Rating Agency Confirmation is
                            received.

                            In addition, the related loan agreement contains a
                            provision which allows the Mortgagor the right to
                            transfer all of the loan collateral to certain
                            single purpose entities which agree to assume the
                            loan obligations and which is controlled and at
                            least 50% owned by one or more Permitted
                            Transferees.

                            Loan No. 5 (Village of Merrick Park). The Mortgagor
                            must at all times be controlled and at least 40%
                            owned by Qualified Equityholders, provided that a
                            transfer of Mortgagor's equity interests to, a
                            pledge of direct or indirect interests in and rights
                            to distributions from, a Qualified Equityholders is
                            permitted without Mortgagee consent or rating agency
                            confirmation. "Qualified Equityholder" means: (i)
                            GGP-TRS L.L.C.; (ii) General Growth Properties,
                            Inc., GGP LP, the Rouse Company Operating
                            Partnership, LP, GGP/Homart Inc., GGP/Homart II,
                            LLC., GGP-TRS LLC., Price Development Company, LP,
                            GGP Ivanhoe III, Inc., the Rouse Company, LP, GGPLP
                            LLC and each of their affiliates (including
                            successors-in-interest) provided each maintains a
                            minimum undepreciated book value net worth of
                            $200,000,000; and (iii) an institutional entity who,
                            among other things, maintains a specified net worth.

                            In addition, the related loan agreement contains a
                            provision which allows the Mortgagor the right to
                            transfer all of the loan collateral to certain
                            single purpose entities which agree to assume the
                            loan obligations and which is controlled and at
                            least 50% owned by one or more Qualified
                            Equityholders.

                            Loan No. 5 (Village of Merrick Park). Future
                            mezzanine debt is permitted, subject to, among other
                            things, a maximum combined loan-to-value ratio of
                            75%, a minimum aggregate debt service coverage ratio
                            greater than 1.20, and a debt service coverage ratio
                            of 1.05x calculated with a constant of 9%.

                            Loan No. 7 (The Alhambra). The Mortgagor must at all
                            times be controlled and at least 50% owned by
                            Qualified Equityholders, provided that a transfer of
                            equity interests in the Mortgagor to a Qualified
                            Equityholder is permitted without Mortgagee consent
                            or rating agency confirmation. "Qualified
                            Equityholder" means: (i) RM Properties, LLC (or an
                            Affiliate thereof which is under common Control
                            therewith and that has substantially the same or
                            greater net worth as TRC has on the date hereof), to
                            the extent that it does not obtain a greater
                            percentage of the direct or indirect equity
                            interests in Mortgagor than RM Properties, LLC owns
                            at closing, (ii) AIG Global Real Estate Investment
                            Corp. ("AIGGRE") (or an investment fund sponsored by
                            AIGGRE, provided, that: (1) the general partner or
                            managing member of such fund shall be AIGGRE or a
                            wholly owned subsidiary of AIGGRE and such general
                            partner or managing member will exercise sole
                            Control over such fund, (2) such fund shall have a
                            net worth in excess of $100,000,000, inclusive of
                            the value of any unfunded commitments to such Fund
                            but exclusive of its interest in the Mortgaged
                            Property, (3) Mortgagor shall give Lender notice of
                            such transfer not less than ten days after the date
                            such fund acquires its interest, and (4) AIGGRE,
                            directly or indirectly, shall retain at least 10% of
                            the equity interest in and rights to distributions
                            from such fund), (iii) any other person with respect
                            to which Rating Confirmation is received, or (iv) an
                            institutional investor who, among other things,
                            maintains a specified net worth.

                            In addition, the related loan agreement contains a
                            provision which allows the Mortgagor the right to
                            transfer all of the loan collateral to certain
                            single purpose entities which agree to assume the
                            loan obligations and which is controlled and at
                            least 51% owned by one or more Qualified
                            Equityholders.

                            Loan No. 10 (Fair Lakes Office Park). The Mortgagor
                            must at all times be controlled and at least 50%
                            owned by an entity controlled by Shorenstein Realty
                            Investors Seven, LP, the sole member of the
                            Mortgagor, provided that a transfer (but not a
                            pledge or encumbrance) for a direct or indirect
                            beneficial interest in Mortgagor or the Mortgaged
                            Property to a "Permitted Transferee" will not
                            require Mortgagee's consent or rating agency
                            confirmation. "Permitted Transferee" means: (i) a
                            pension fund, pension trust, pension account; (ii) a
                            pension fund advisor who is acting on behalf of one
                            or more pension funds that, in the aggregate,
                            satisfies requirements of a corporation defined
                            below; (iii) a corporation organized under the
                            banking laws of the United States or any state or
                            territory of the United States (including the
                            District of Columbia) with a combined capital
                            surplus of at least $5,000,000; (iv) an insurance
                            company which is subject to supervision by the
                            insurance commissioner, or a similar official or
                            agency, of a state or territory of the United States
                            (including the District of Columbia), and (v) any
                            person. Further provided that, immediately prior to
                            a transfer, each Permitted Transferee will, (i) own
                            directly or indirectly (in name or under management)
                            total gross real estate assets of at least
                            $1,000,000,000 and (ii) own or operate at least five
                            (5) CBD or suburban office towers totaling no less
                            than 5,000,000 square feet (exclusive of the
                            Mortgaged Property). For a Permitted Transferee who
                            is an insurance company or a person, each will have
                            a net worth, determined as of a date no more than
                            six (6) months prior to the date of the transfer,
                            not lower than $500,000,000 and $400,000,000,
                            respectively.

                            Loan No. 10 (Fair Lakes Office Park). Future
                            mezzanine debt is permitted, subject to, among other
                            things, a maximum combined loan-to-value ratio of
                            70%, a minimum aggregate debt service coverage ratio
                            greater than 1.20, and a maximum weighted loan
                            constant of 8.5%.

                            Loan No. 17 (Seattle Trade Center). The Mortgagor
                            must at all times be at least 50% owned by a
                            Shorenstein controlled entity and such entity must
                            remain responsible for asset and property management
                            decisions.

                            In addition, transfers to Permitted Transferees are
                            permitted with notice to, but without consent of,
                            lender. "Permitted Transferee" means, any of the
                            following entities (unless the entity is a
                            disqualified transferee):(i) a pension fund, pension
                            trust or pension account that immediately prior to
                            such transfer (a) owns, directly or indirectly,
                            total gross real estate assets of at least
                            $500,000,000 and (b) owns or operates at least five
                            (5) CBD or suburban office properties totaling no
                            less than 2,500,000 square feet (exclusive of the
                            Mortgaged Property); (ii) a pension fund advisor who
                            (a) immediately prior to such transfer, controls,
                            directly or indirectly, at least $500,000,000 of
                            total gross real estate assets, (b) owns or operates
                            at least five (5) CBD or suburban office properties
                            totaling no less than 2,500,000 square feet
                            (exclusive of the Mortgaged Property) and (c) is
                            acting on behalf of one or more pension funds that,
                            in the aggregate, satisfy the requirements of clause
                            (i) of this definition; (iii) subject to lender
                            approval, which will not be unreasonably withheld,
                            delayed or conditioned, an insurance company which
                            is subject to supervision by the insurance
                            commissioner, or a similar official or agency, of a
                            state or territory of the United States (including
                            the District of Columbia) (a) with a net worth,
                            determined as of a date no more than six (6) months
                            prior to the date of the transfer of at least
                            $250,000,000 and (b) which, immediately prior to
                            such transfer, controls, directly or indirectly,
                            total gross real estate assets of at least
                            $500,000,000; (iv) subject to lender approval, which
                            will not be unreasonably withheld, delayed or
                            conditioned, a corporation organized under the
                            banking laws of the United States or any state or
                            territory of the United States (including the
                            District of Columbia) (a) with a combined capital
                            and surplus of at least $250,000,000 and (b) which,
                            immediately prior to such transfer, controls,
                            directly or indirectly, total gross real estate
                            assets of at least $500,000,000; (v) any person who
                            (a) owns or operates at least five (5) CBD or
                            suburban office properties totaling no less than
                            2,500,000 square feet (exclusive of the Mortgaged
                            Property), (b) has a net worth, determined as of a
                            date no more than six (6) months prior to the date
                            of such transfer, of at least $200,000,000 and (c)
                            immediately prior to such transfer, controls,
                            directly or indirectly, total gross real estate
                            assets of at least $500,000,000; or (vi) any person
                            in which more than fifty percent (50%) of the
                            ownership interests are owned directly or indirectly
                            by any of the entities listed in subsections (iii)
                            through (v) of this definition of "Permitted
                            Transferee", or any combination of more than one
                            such entity, and which is controlled directly or
                            indirectly by such entity or entities.

                            Loan No. 17 (Seattle Trade Center). Future mezzanine
                            debt is permitted, subject to, among other things, a
                            maximum combined loan-to-value ratio of 70% and a
                            minimum aggregate debt service coverage ratio
                            greater than 1.20.

                            Loan No. 38 (Paradise Esplanade). Future mezzanine
                            debt is permitted, subject to, among other things:
                            (i) a maximum mezzanine indebtedness on all
                            outstanding mezzanine debt not greater than
                            $1,468,750; (ii) the maximum combined loan-to-value
                            not greater than 85% on all outstanding
                            indebtedness; (iii) the actual minimum combined debt
                            service coverage ratio is greater than 1.16 and a
                            ratio greater than 1.10 on the outstanding principal
                            of the Mortgage Loan; and (iv) all mezzanine debt
                            proceeds are to be applied to tenant improvement or
                            leasing commission expenses for new or existing
                            leases.

                            Loan No. 40 (El Dorado Hills Town Center). Future
                            mezzanine debt is permitted, subject to, among other
                            things, a combined maximum loan-to-value ratio of
                            80% and a minimum aggregate debt service coverage
                            ratio of 1.15.

                            Loan No. 46 (Highridge Crossings). Future mezzanine
                            debt is permitted, subject to, among other things, a
                            combined maximum loan-to-value ratio of 80% and a
                            minimum aggregate debt service coverage ratio of
                            1.15.

                            Loan No. 48 (Greenlawn Phase I). Future mezzanine
                            debt is permitted, subject to, among other things, a
                            combined maximum loan-to-value ratio of 85% and a
                            minimum aggregate debt service coverage ratio of
                            1.10.

                            Loan No. 57 (Scottsdale Gateway II). Future
                            mezzanine debt is permitted with a limited purpose
                            to incur debt in connection to construction of a
                            parking garage, subject to, among other things, a
                            combined maximum loan-to-value ratio of 80% and a
                            minimum aggregate debt service coverage ratio of
                            1.10.

                            Loan No. 66 (Decatur Crossing II). Future mezzanine
                            debt is permitted, subject to, among other things, a
                            combined maximum loan-to-value ratio of 75% and a
                            minimum aggregate debt service coverage ratio of
                            1.20.

                            Loan No. 75 (Pecos Legacy). Future mezzanine debt is
                            permitted, subject to, among other things, a
                            combined maximum loan-to-value ratio of 80% and a
                            minimum aggregate debt service coverage ratio of
                            1.15.

                            Loan No. 78 (Mercado at Scottsdale Ranch). Future
                            mezzanine debt is permitted, subject to, among other
                            things, a combined maximum loan-to-value ratio of
                            85% and a minimum aggregate debt service coverage
                            ratio of 1.10.

                            Loan No. 87 (Smithsonian Warehouse). Future
                            mezzanine debt is permitted, subject to, among other
                            things, a combined maximum loan-to-value ratio of
                            80% and a minimum aggregate debt service coverage
                            ratio of 1.15.

                            Loan No. 96 (Govalle). Future mezzanine debt is
                            permitted, subject to, among other things, a
                            combined maximum loan-to-value ratio of 85% and a
                            minimum aggregate debt service coverage ratio of
                            1.10.

                            Loan No. 122 (Jamestown Village Plaza). Future
                            mezzanine debt is permitted, subject to, among other
                            things, a combined maximum loan-to-value ratio of
                            80% and a minimum aggregate debt service coverage
                            ratio of 1.15.

                            Loan No. 123 (Shady Hollow Village I). Future
                            mezzanine debt is permitted, subject to, among other
                            things, a combined maximum loan-to-value ratio of
                            85% and a minimum aggregate debt service coverage
                            ratio of 1.10.

                            Loan No. 124 (Metcalf Building). Future mezzanine
                            debt is permitted, subject to, among other things,
                            (i) a combined maximum loan-to-value ratio of 85%;
                            (ii) a minimum aggregate debt service coverage ratio
                            of 1.10; and provided the mezzanine lender is either
                            the Florida Choice Bank or other permitted
                            institutional lenders.

                            Loan No. 131 (Battlefield Tech Center III) Parent of
                            the borrower has pledged its equity interest in the
                            borrower to secure a loan from Property Holdings
                            LLC. According to the related Subordination and
                            Standstill Agreement, the original principal balance
                            of the mezzanine loan has been repaid in full, and
                            the borrower is required to pay additional interest
                            on the mezzanine loan in the amount of (i) 50% of
                            excess cash flow from the Mortgaged Property, if
                            any, due and payable within 30 days after the close
                            of each calendar quarter and (ii) 50% of excess
                            proceeds from the sale of the Mortgaged Property, if
                            any, when received by the borrower.

                            Loan No. 151 (Park West Office II). Future mezzanine
                            debt is permitted, subject to, among other things, a
                            combined maximum loan-to-value ratio of 85% and a
                            minimum aggregate debt service coverage ratio of
                            1.10.

(26)                        Loan No. 7 (The Alhambra). The Mortgagor has the
Releases of Mortgaged       right to partially release (A) a portion of the
Property                    Mortgaged Property for redevelopment by The Alhambra
                            Residential Community, LLC, upon satisfaction of
                            certain conditions, including among others: (1) the
                            lien-free completion of a certain west parking
                            structure, east parking structure or other parking
                            facilities not in existence on the origination date,
                            (2) certain minimum parking requirements for the new
                            facilities and (3) the partial release would not
                            increase the loan-to-value ratio of the Mortgaged
                            Property or reduce the revenues or the
                            debt-service-coverage ratio of the Mortgaged
                            Property; (B) a certain southwest parcel, upon
                            satisfaction of certain conditions, including among
                            others: (1) the partial release would not reduce
                            available parking on the Mortgaged Property, (2) the
                            partial release would not reduce the revenues or the
                            debt-service-coverage ratio of the Mortgaged
                            Property and (3) a maximum loan-to-value ratio of
                            75%, after giving effect to the partial release; and
                            (C) a certain eastern parcel, upon satisfaction of
                            certain conditions, including among others: (1) the
                            partial release would not reduce available parking
                            on the Mortgaged Property, (2) the partial release
                            would not reduce the revenues or the
                            debt-service-coverage ratio of the Mortgaged
                            Property and (3) the partial release would not
                            increase the loan-to-value ratio of the Mortgaged
                            Property or reduce the revenues or the
                            debt-service-coverage ratio of the Mortgaged
                            Property.

                            Loan No. 10 (Fair Lakes Office Park). The Mortgagor
                            has the right to partially release the Mortgaged
                            Property to an Affiliate of Mortgagor for the
                            development of additional buildings, upon
                            satisfaction of certain conditions, including among
                            others: (1) the partial release would not be a
                            "significant modification" or cause the Mortgage
                            Loan to cease to being a "qualified mortgage;" (2)
                            the Assumed DSCR on the non-released parcel,
                            immediately preceding the date of a partial release,
                            does not fall below a minimum Assumed DSCR
                            underwritten on the closing date provided that if
                            the minimum Assumed DSCR is not met due to a
                            proposed tenant relocation in connection to a
                            partial release, then cash or cash equivalents may
                            be deposited into the Low DSCR Reserve to satisfy
                            the Assumed DSCR requirements; and (3) an Appraisal
                            report 90 days prior to a partial release confirms a
                            loan-to-value ratio on the non-released parcel that
                            is not greater than the maximum loan-to-value ratio
                            underwritten at closing.

                            Loan No. 17 (Seattle Trade Center). The Mortgagor
                            has the right to release a condominium or similar
                            interest comprised of all or a portion of the air
                            rights above the parking garage in connection with a
                            transfer to an affiliate of the Mortgagor for the
                            development of a residential development in a manner
                            that is compatible with the character, nature and
                            quality of the Mortgaged Property, subject to the
                            satisfaction of certain conditions including, among
                            others: (i) no improved portion of the Mortgaged
                            Property will be released, (ii) after giving effect
                            to the release, the debt-service-coverage ratio does
                            not decline and is not less than the
                            debt-service-coverage ratio for the Mortgaged
                            Property as of the date of origination and (iii)
                            after giving effect to the release, the
                            loan-to-value ratio is not greater than the
                            loan-to-value ratio of the Mortgaged Property as of
                            the date of origination.

                            Loan No. 51 (1301 Connecticut Avenue, NW). The
                            Mortgagor has the right to partially release the
                            Mortgaged Property upon the prepayment or defeasance
                            of an amount equal to $2,000,000 (or $1,750,000 if
                            certain leasing conditions are satisfied prior to 90
                            days of closing) and an additional yield maintenance
                            premium if prepaid during the lockout period or an
                            additional partial defeasance premium if prepaid
                            thereafter.

                            Loan No. 91 (Mission Valley Shopping Center). The
                            Mortgagor has to right to partially release a
                            certain portion of the Mortgaged Property presently
                            improved with a Blockbuster, through partial
                            defeasance, subject to the satisfaction of certain
                            conditions, including among others: (i) defeasance
                            of the principal amount of the greater of (a)
                            $1,100,000 or (b) an amount equal to 110% of the
                            appraised value of the released parcel, (ii) the
                            debt-service-coverage ratio for the remaining
                            portion of the Mortgaged Property shall be equal to
                            or greater than (a) 1.15x and (b) 0.90x utilizing a
                            mortgage constant equal to 9.25% and (iii) the
                            loan-to-value ratio for the remaining properties
                            shall be equal to or less than 80%.

(27)                        Loan No. 35 (Copper Beech Townhomes-Missouri) The
Local Law Compliance        Mortgaged Property must designate nine (9)
                            additional parking spaces as complying with
                            Americans with Disabilities Act requirements no
                            later than 60 days post-loan closing.

(29)                        Loan No. 25 (Sherwood Regional Mall). The
Single Purpose Entity       requirement for an independent director and delivery
                            of a non-consolidation opinion were waived unless
                            such opinion would be required by any Rating Agency
                            in connection with a securitization or a property
                            transfer.

                            Loan No. 35 (Copper Beech Townhomes-Missouri) and
                            Loan No. (Copper Beech Townhomes-Michigan). The
                            requirement for an independent director and delivery
                            of a non-consolidation opinion were waived, unless
                            required in connection with a securitization or a
                            transfer.

                            Loan No. 37 (Mullins Crossing Shopping Center). The
                            requirement for an independent director was waived.

                            Loan No. 38 (Paradise Esplanade). The requirement
                            for an independent director and delivery of a
                            non-consolidation opinion were waived.

                            Loan No. 40 (El Dorado Hills Town Center). The
                            requirement for an independent director and the
                            delivery of a non-consolidation opinion were waived,
                            unless such opinion would be required by a Rating
                            Agency in connection with a securitization or a
                            property transfer.

(37)                        Loan No. 51 (1301 Connecticut Avenue). The Mortgaged
Licenses and Permits        Property is operating under a partial certificate of
                            occupancy. Losses suffered from the absence of a
                            certificate of occupancy or any required permits is
                            a non-recourse carve out event with springing
                            recourse liability against the guarantor.

                            Loan No. 92 (Three Tower Bridge). Certificates of
                            occupancy were not available due to damaged records.
                            However, the Borough of Conshohocken, Pennsylvania
                            confirms that the building is legally occupied, and
                            the absence of certificates of occupancy is not
                            considered to be a violation and will not give rise
                            to any enforcement action. Law and Ordinance
                            coverage is in place and required for the term of
                            the loan.

                            Loan No. 135 (Southampton Shopping Center).
                            Certificates of occupancy could not be located for
                            the Mortgaged Property. Losses resulting from the
                            failure to obtain a certificate of occupancy
                            constitutes a non-recourse carve out event with
                            springing full recourse liability against the
                            Mortgagor.

                            Loan No. 138 (South Jefferson Medical Arts
                            Building). The Mortgaged Property is operating under
                            a partial certificate of occupancy. Losses suffered
                            from the absence of a certificate of occupancy or
                            any required permits is a non-recourse carve out
                            event with springing recourse liability against the
                            guarantor.

(38)                        Loan No. 10 (Fair Lakes Office Park) and Loan No. 17
Organization of             (Seattle Trade Center). The Mortgagors of these
Mortgagors; Affiliation     Mortgages have the same sponsor (Shorenstein Realty
with other Mortgagors       Investors Seven, LP.).

                            Loan No. 35 (Copper Beech Townhomes-Missouri), Loan
                            No. 36 (Copper Beech Townhomes-Michigan) and Loan
                            No. 80 (Copper Beech Townhomes-Indiana). The
                            Mortgagors of these Mortgages have the same sponsor
                            (John R. McWhirter).

                            Loan No. 39 (600 Jefferson Avenue) and Loan No. 84
                            (100 Seacaucus Road). The Mortgagors of these
                            Mortgages have the same sponsor (Hartz Financial).

                            Loan No.48 (Greenlawn Phase I), Loan No. 78 (Mercado
                            at Scottsdale Ranch), Loan No. 96 (Govalle), Loan
                            No. 123 (Shady Hollow Village I) and. The Mortgagors
                            of these Mortgages have the same sponsors (John
                            Rassier: all four Mortgages) (Mark Mariani:
                            Greenlawn Phase I, Govalle and Shady Hollow Village
                            I).

                            Loan No. 88 (The Grande 16), Loan No. 115 (Am Star
                            16) and Loan No. 133 (Arroyo Grande Stadium 10). The
                            Mortgagors of these Mortgages have the same sponsor
                            (EPT DownREIT, Inc.).

                            Loan No. 113 (East Windsor Medical Arts Building)
                            and Loan No. 138 (South Jefferson Medical Arts
                            Building). The Mortgagors of these Mortgages have
                            the same sponsor (Barry Gordon).

                            Loan No. 144 (Park West Office I) and Loan No. 151
                            (Park West Office II). The Mortgagors of these
                            Mortgages have the same sponsors (Judd Missner and
                            Galen Missner).

(40)                        Loan No. 1 (One Beacon Street), Loan No. 5 (Village
Recourse                    of Merrick Park) and Loan No. 17 (Seattle Trade
                            Center). The loan is recourse only to the Borrower.

                            Loan No. 10 (Fair Lakes Office Park Office). The
                            Mortgagor (SRI Seven Fair Lakes LLC) is the
                            guarantor and has limited non-recourse carve out and
                            environmental liability.

                            Loan No. 37 (Mullins Crossing Shopping Center). The
                            Mortgage Loan does not have a non-recourse carve out
                            guarantor.

                            Loan No. 120 (Southshore Shops). The Mortgage Loan
                            does not have a non-recourse carve out for
                            environmental liability.

(46)                        Loan No. 5 (Village of Merrick Park). The Mortgage
Subordinate Debt            Loan is an A/B Loan and the related B Note is also
                            secured by the Mortgaged Property. The holder of the
                            A Note and the B Note have entered into an
                            intercreditor agreement that provides that the B
                            note is subordinate.

                            Loan No. 77 (Village Square Retail Center). The
                            Mortgage Loan is secured by a second lien Deed of
                            Trust on the Mortgaged Property. The holder of the
                            Mortgage and the holder of the second lien Deed of
                            Trust have entered into a subordination and
                            intercreditor agreement effective at the date of
                            origination, subject to a covenant to deliver within
                            sixty (60) days of origination. If the Mortgagor
                            does not deliver a fully executed agreement, then
                            the loan become full recourse to the Mortgagor.

                            Loan No. 114 (Lichtins Office). The Mortgage Loan is
                            an A/B Loan and the related B Note is also secured
                            by the Mortgaged Property. The holder of the A Note
                            and the B Note have entered into an intercreditor
                            agreement that provides that the B note is
                            subordinate.

                            Loan No. 136 (Talmadge Town Center) The Mortgage
                            Loan is an A/B Loan and the related B Note is also
                            secured by the Mortgaged Property. The holder of the
                            A Note and the B Note have entered into an
                            intercreditor agreement that provides that the B
                            note is subordinate.

<PAGE>

                                    EXHIBIT D

                          FORM OF OFFICER'S CERTIFICATE

            Goldman Sachs Mortgage Company ("Seller") hereby certifies as
follows:

            1.    All of the representations and warranties (except as set forth
                  on Schedule C) of the Seller under the Mortgage Loan Purchase
                  Agreement, dated as of October 1, 2006 (the "Agreement"),
                  between GS Mortgage Securities Corporation II and Seller, are
                  true and correct in all material respects on and as of the
                  date hereof with the same force and effect as if made on and
                  as of the date hereof.

            2.    The Seller has complied in all material respects with all the
                  covenants and satisfied all the conditions on its part to be
                  performed or satisfied under the Agreement on or prior to the
                  date hereof and no event has occurred which would constitute a
                  default under the Agreement.

            3.    Neither the Prospectus, dated October 6, 2006, as supplemented
                  by the Prospectus Supplement, dated October 17, 2006
                  (collectively, the "Prospectus"), relating to the offering of
                  the Class A-1, Class A-2, Class A-3, Class A-AB, Class A-4,
                  Class A-1A, Class A-M, Class A-J, Class B, Class C Class D,
                  Class E and Class F Certificates nor the Offering Circular,
                  dated October 17, 2006 (the "Offering Circular"), relating to
                  the offering of the Class X, Class G, Class H, Class J, Class
                  K, Class L, Class M, Class N, Class O, Class P, Class Q, Class
                  S, Class R and Class LR Certificates, in the case of the
                  Prospectus and the Prospectus Supplement, as of the date of
                  the Prospectus Supplement or as of the date hereof, or the
                  Offering Circular, as of the date of thereof or as of the date
                  hereof, included or includes any untrue statement of a
                  material fact relating to the Mortgage Loans or omitted or
                  omits to state therein a material fact necessary in order to
                  make the statements therein relating to the Mortgage Loans, in
                  light of the circumstances under which they were made, not
                  misleading.

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

                  [SIGNATURE APPEARS ON THE FOLLOWING PAGE]

<PAGE>

            Certified this ___ day of October, 2006.

                                       GOLDMAN SACHS MORTGAGE COMPANY

                                          By:  _______________________________
                                               Name:
                                               Title:

<PAGE>

                                    EXHIBIT E

                              FORM OF LEGAL OPINION

            (a) The Seller is a [__], duly organized, validly existing and in
good standing under the laws of the State of [__] with full power and authority
to own its assets and conduct its business, is duly qualified as a foreign
organization 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 be so qualified would not have a
material adverse effect on its ability to perform its obligations thereunder,
and the Seller has taken all necessary action to authorize the execution,
delivery and performance of the Mortgage Loan Purchase Agreement and the
Indemnification Agreement (collectively, the "Operative Documents"), and has
duly executed and delivered the Operative Documents, and has the power and
authority to execute, deliver and perform under the Operative Documents and all
the transactions contemplated thereby, including, but not limited to, the power
and authority to sell, assign, transfer, set over and convey the Mortgage Loans
in accordance with the Mortgage Loan Purchase Agreement;

            (b) Assuming the due authorization, execution and delivery of each
Operative Document by each party thereto other than the Seller, each Operative
Document will constitute a legal, valid and binding obligation of the Seller,
enforceable against the Seller in accordance with its terms, except as such
enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium
or other similar laws affecting the enforcement of creditors' rights generally,
and by general principles of equity (regardless of whether such enforceability
is considered in a proceeding in equity or at law);

            (c) The execution and delivery of each Operative Document by the
Seller and the performance of its obligations thereunder will not conflict with
any provision of any law or regulation to which the Seller is subject, or
conflict with, result in a breach of, or constitute a default under, any of the
terms, conditions or provisions of any of the Seller's organizational documents
or any agreement or instrument to which the Seller is a party or by which it is
bound, or any order or decree applicable to the Seller, or result in the
creation or imposition of any lien on any of the Seller's assets or property, in
each case which would materially and adversely affect the ability of the Seller
to carry out the transactions contemplated by the Operative Documents;

            (d) There is no action, suit, proceeding or investigation pending
or, to the Seller's knowledge, threatened against the Seller in any court or by
or before any other governmental agency or instrumentality which would
materially and adversely affect the validity of the Mortgage Loans or the
ability of the Seller to carry out the transactions contemplated by each
Operative Document;

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

            (f) No consent, approval, authorization or order of any court or
governmental agency or body is required for the execution, delivery and
performance by the Seller of, or compliance by the Seller with, each Operative
Document or the consummation of the transactions contemplated thereby, other
than those which have been obtained by the Seller;

            (g) To our knowledge, considered in light of our understanding of
applicable law and the experience we have gained through our practice, nothing
has come to our attention in the course of our review of the Prospectus and
Prospectus Supplement in relation to the sale of the Mortgage Loans, which
causes us to believe that (i) the Prospectus, at the date thereof or at the date
hereof, contained an untrue statement of a material fact or omitted to state any
material fact required to be stated therein or necessary to make the statements
therein not misleading, which untrue statement or omission arises out of, or is
based upon, information concerning the Mortgage Loans set forth in the
Prospectus, or (ii) the Prospectus Supplement, at the date thereof or at the
date hereof, contains an untrue statement of a material fact or omitted to state
any material fact required to be stated therein or necessary to make the
statements therein not misleading, which untrue statement or omission arises out
of, or is based upon, information concerning the Mortgage Loans set forth in the
Prospectus Supplement, it being understood that we express no view as to any
information incorporated by reference in the Prospectus or Prospectus Supplement
or as to the adequacy or accuracy of the financial, numerical, statistical or
quantitative information included in the Prospectus or Prospectus Supplement.

            (h) We hereby advise you that, in the course of the representation
referred to above and our examination of the time of sale information,
considered in light of our understanding of applicable law and the experience we
have gained through our practice, no facts came to our attention that cause us
to believe that as of the time of sale, the time of sale information (taken as a
whole) included an untrue statement of a material fact or omitted to state a
material fact necessary in order to make the statements therein, in the light of
the circumstances under which they were made, not misleading; it being
understood that we express no view as to (1) any blanks or bracketed items in
the time of sale information for pricing terms, (2) any information incorporated
by reference in the time of sale information or (3) the adequacy or accuracy of
(i) any financial, numerical, statistical or computational information included
in or omitted from the time of sale information or (ii) any information
contained in or omitted from any computer disk, CD-ROM or other electronic media
accompanying the time of sale information.

            (i) Insofar as it related to the Seller and the Mortgage Loans
(including without limitations the related borrowers and mortgaged properties)
being sold by the Seller, the Prospectus Supplement, as of its date (with the
exception of any information incorporated by reference therein and any
numerical, financial, statistical and computational information included
therein, as to which we express no view), appeared on its face to be
appropriately responsive in all material respects to the applicable requirements
of Regulation AB under the Securities Act of 1933, as amended.

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